Stockwinners Market Radar for March 23, 2022 - Earnings, Upgrades downgrades, option trades, Best Stock Advisory Service

BMY

Hot Stocks

20:15 EDT Bristol-Myers CEO sells $1.8M in common stock - In a regulatory filing, Bristol-Myers disclosed that its CEO Giovanni Caforio sold 25K shares of common stock on March 21, 2022 in a total transaction size of $1.8M.
DOMO

Hot Stocks

20:14 EDT Domo COO sells $515K in common stock - In a regulatory filing, Domo disclosed that its COO Catherine Wong sold 10.5K shares of common stock on March 17, 2022 in a total transaction size of $515.4K.
DOMO

Hot Stocks

20:13 EDT Domo CEO sells $559K in common stock - In a regulatory filing, Domo disclosed that its CEO John Mellor sold 11.2K shares of common stock on March 23, 2022 in a total transaction size of $559K.
ADPT

Hot Stocks

20:11 EDT Adaptive Biotechnologies buys 45K shares of Adaptive Biotechnologies today
IEP SWX

Hot Stocks

20:11 EDT Icahn Enterprises announces amendment to Southwest Gas Tender Offer - IEP Utility Holdings LLC (IEP), an affiliate of Icahn Enterprises, "announced that it has extended the expiration date of its tender offer to purchase any and all of the issued and outstanding shares of the common stock of Southwest Gas Holdings (SWX), including the associated rights issued pursuant to the Rights Agreement, dated October 10, 2021, between the Company and Equiniti Trust Company, as rights agent, that are issued and outstanding, for $82.50 per Share in cash, without interest, less any applicable withholding taxes, until 12:00 midnight, New York City time, on Thursday, April 21, 2022, unless further extended or earlier terminated in the event that a condition to the Offer becomes incapable of being satisfied."
MRNA

Hot Stocks

20:06 EDT Moderna finalizes strategic partnership with Australian government - Moderna "announced the finalization of a strategic partnership with the Australian Federal Government to establish a state-of-the-art, domestic mRNA vaccine manufacturing facility in Australia. This finalizes the agreement in principle with the Australian Federal Government announced in December 2021. The facility, when constructed, is expected to provide people in Australia with access to a domestically manufactured portfolio of mRNA vaccines against respiratory viruses, including COVID-19, seasonal influenza, respiratory syncytial virus, and other potential respiratory viruses, pending licensure."
FXLV

Hot Stocks

18:25 EDT F45 Training CEO: We are a group training business - In an interview on CNBC's Mad Money, Adam Gilchrist said F45 focuses on high intensity training. Its key pillar is its team training aspect. Trainees can share results with others and workouts are always innovative. F45 studios have the highest visitation in the industry with an average of over three visits per week, he noted.
BKU

Hot Stocks

17:41 EDT BankUnited raises quarterly dividend 9% to 25c from 23c per share - The dividend will be payable on April 29 to stockholders of record at the close of business on April 14.
EGY

Hot Stocks

17:35 EDT Vaalco Energy signs contract to support subsea reconfiguration at Etame Field - VAALCO Energy "announced that the Company contracted with DOF Subsea to perform subsea construction and installation services to support the subsea reconfiguration associated with the replacement of the existing Floating Production, Storage and Offloading unit with a Floating Storage and Offloading vessel at the Etame field, offshore Gabon. DOF Subsea will provide all personnel, crew and equipment necessary to assist with reconfiguring the Etame field subsea infrastructure to flow field production to the replacement FSO. Engineering and design work in relation to the field infrastructure upgrade has been completed with subsea work planned to commence in July and be completed before the FSO is operational in September 2022, as previously disclosed." CEO George Maxwell states: "We continue to progress forward with our field reconfiguration and FSO conversion at Etame, on time and within the capital guidance we previously provided. The FSO increases effective storage capacity by over 50% and reduces costs by almost 50% compared to the current FPSO. We continue to estimate total capital conversion costs of $40 to $50 million gross ($26 to $32 million net to VAALCO), with annual projected operational cost savings of approximately $20 to $25 million gross per year ($13 to $16 million net to VAALCO) through 2030, giving the project a very attractive payback period of less than two and a half years. This project will significantly improve our margins, enhance our cash flow generation and sustain our operational excellence and robust financial performance at Etame through 2030. We are delivering on our strategic plan with the FSO conversion, our drilling campaign at Etame and continued evaluation of organic and inorganic opportunities."
GVA

Hot Stocks

17:32 EDT Granite awarded $75M roadway Ppoject in Las Vegas - Granite has been awarded the approximately $75M contract for the I-515 and Charleston Boulevard Interchange improvement project by the Nevada Department of Transportation. Located in Las Vegas, this project is being completed via the Construction Manager at Risk project delivery method. Granite was originally hired in 2017 to provide preconstruction services. The project is expected to start in August 2022 and projected to be completed in Q2 2024.
OXM

Hot Stocks

17:30 EDT Oxford Industries raises quarterly dividend by 31% to 55c per share - The dividend is payable on April 29, 2022 to shareholders of record as of the close of business on April 14, 2022.
KBH

Hot Stocks

17:23 EDT KB Home sees Q2 housing revenue $1.55B-$1.65B - Sees Q2 average selling price $490,000. Sees Q2 homebuilding operating interest margin 14.3%-14.7%. Sees Q2 gross profit margin 24.4%-25%. Sees Q2 SG&A expense ratio 10%-10.5%. Sees Q2 effective tax rate 25%. Sees Q2 community count . Says cancellation rate remains well below historical levels. Says housing revenues up in all four region. Says well positioned for Spring selling season. Sees sequential increases for community count in each remaining quarter. Comments taken from Q1 earnings conference call.
OLLI

Hot Stocks

17:23 EDT Ollie's Bargain Outlet CFO says comps QTD tracking 'little ahead of guidance' - CEO John Swygert also states: "With regards to 2022 in the back half, we just believe that, first and foremost, lapping the stimulus and getting all the stimulus out of the way is paramount to us getting back to running our normal business. But most importantly, we believe the second half will be able to lap what we had talked about a lot in Q3 of last year with regards to the delayed shipments, I'll call it, the challenges we had with the late arriving import product and the holiday product that basically collide with all of our closeout goods that were domestically sourced and we had to prioritize the way we moved our product through last year and the disruption we created. With that, we just believe we're set up and we're positioned in a much, much better shape this year with our supply chain. Our distribution centers are running at the right throughput levels that we'll be in much better position to really kick off once we clear the stimulus here that started in March of last year. And we think ran through a good part of May, almost the end of May. So I think once we see that get out of the way and the position of inventory and store in a much better condition will be ready to go. And obviously, I think 1 of the big takeaways you mentioned I forgot about is the deal flow is really starting to pick up, and we're starting to see some things shake loose. And I think we're in a position here... to see some big benefits." Comments taken from Q4 earnings conference call.
DGX

Hot Stocks

17:19 EDT Quest Diagnostics grated CDC $19.5M contract for COVID vaccination research - Quest Diagnostics "announced that it has been granted a contract by the Centers for Disease Control and Prevention to perform testing and provide laboratory data analysis to help identify patterns in SARS-COV-2 seroprevalence on a multistate basis. The goal is to aid the CDC in assessing the proportion of the population that has been infected by or vaccinated against SARS-CoV-2, the virus that causes COVID-19. Quest was awarded the contract following a competitive bid. The total contract value with all options is valued at up to approximately $19.5M."
STGW

Hot Stocks

17:03 EDT Stagwell board authorizes $125M stock buyback - Stagwell announced its Board of Directors has authorized a stock repurchase program under which it may repurchase up to $125M of shares of its outstanding Class A common stock. The Repurchase Program will expire on March 23, 2025. Under the Repurchase Program, share repurchases may be made at the company's discretion from time to time in open market transactions at prevailing market prices, in privately negotiated transactions, or through other means. The timing and number of shares repurchased under the program will depend on a variety of factors, including the performance of the company's stock price, general market and economic conditions, regulatory requirements, the availability of funds, and other relevant considerations, as determined by the company. The Repurchase Program may be suspended, modified or discontinued at any time without prior notice. The company's Board of Directors will review the Repurchase Program periodically and may authorize adjustments of its terms if appropriate. "This program reinforces the confidence of Stagwell's Board in our financial strength, the transformative results of our combination, and the rigorous strategic management our team has applied to the business," said Mark Penn, Chairman and CEO, Stagwell.
OLLI

Hot Stocks

17:00 EDT Ollie's Bargain Outlet CFO says comps QTD trading 'little ahead of guidance' - CEO John Swygert also states: "With regards to 2022 in the back half, we just believe that, first and foremost, lapping the stimulus and getting all the stimulus out of the way is paramount to us getting back to running our normal business. But most importantly, we believe the second half will be able to lap what we had talked about a lot in Q3 of last year with regards to the delayed shipments, I'll call it, the challenges we had with the late arriving import product and the holiday product that basically collide with all of our closeout goods that were domestically sourced and we had to prioritize the way we moved our product through last year and the disruption we created. With that, we just believe we're set up and we're positioned in a much, much better shape this year with our supply chain. Our distribution centers are running at the right throughput levels that we'll be in much better position to really kick off once we clear the stimulus here that started in March of last year. And we think ran through a good part of May, almost the end of May. So I think once we see that get out of the way and the position of inventory and store in a much better condition will be ready to go. And obviously, I think 1 of the big takeaways you mentioned I forgot about is the deal flow is really starting to pick up, and we're starting to see some things shake loose. And I think we're in a position here on (inaudible) we're going to see some big benefits." Comments taken from Q4 earnings conference call.
QCRH GFED

Hot Stocks

16:47 EDT QCR Holdings' acquisition of Guaranty Federal Bancshares granted all approvals - QCR Holdings (QCRH) has received all of the regulatory approvals required to complete its previously announced acquisition of Guaranty Federal Bancshares (GFED) through the merger of Guaranty with and into QCR Holdings pursuant to the terms of the Agreement and Plan of Merger dated November 9, 2021, between QCR Holdings and Guaranty. The merger remains subject to, the satisfaction of other customary closing conditions and is anticipated to close on April 1.
RIOT

Hot Stocks

16:44 EDT Riot Blockchain COO to leave April 7th - In a regulatory filing, Riot Blockchain announced that it has entered into a separation agreement with COO Megan M. Brooks-Anderson effective April 7, 2022, stating: "Immediately and without further action as of the Separation Date, Executive shall cease to be the Company's Chief Operating Officer and be deemed to have resigned from all positions, titles, duties, authorities, and responsibilities at or with the Company, and Executive's employment with the Company shall end. To help facilitate a smooth transition following the cessation of Executive's employment with the Company, Executive shall, for the period commencing on the Separation Date and ending as of July 7, 2022, unless earlier terminated as provided herein, assist the Company on an as needed basis in a non-employee consultant capacity with respect to certain transition matters and perform such related duties as may reasonably be requested of Executive by the Company."
ASPN

Hot Stocks

16:40 EDT Aspen Aerogels director Gervis buys 135,870 common shares - In a regulatory filing, Aspen Aerogels director Robert Gervis disclosed the purchase of 135,870 common shares of the company on March 22 at a price of $33.12 per share.
NVS

Hot Stocks

16:39 EDT Novartis announces FDA approval of Pluvicto - Novartis announced that the U.S. Food and Drug Administration approved Pluvicto, formerly referred to as (177) Lu-PSMA-617, for the treatment of adult patients with a certain type of advanced cancer called prostate-specific membrane antigen--positive metastatic castration-resistant prostate cancer, or PSMA-positive mCRPC, that has spread to other parts of the body. These patients have already been treated with other anticancer treatments, the company noted. Pluvicto is the first FDA-approved targeted radioligand therapy for eligible patients with mCRPC that combines a targeting compound, or ligand, with a therapeutic radioisotope, or a radioactive particle, the company said. Pluvicto is expected to be available to physicians and patients within weeks, Novartis noted. Pluvicto and Locametz are registered products of Advanced Accelerator Applications, the radioligand business of Novartis, approved in the United States for physicians to prescribe to appropriate patients, the company noted.
COOK WEBR

Hot Stocks

16:31 EDT Traeger falls 19% to $7.15 after Q4 results and below-consensus guidance - Shares of outdoor grill/accesory manufacturer Weber (WEBR) are also down over 4% at $10.58 afterhours in sympathy.
IMGO

Hot Stocks

16:29 EDT Imago BioSciences appoints Michael Arenberg to chief operating, business officer - Imago BioSciences announced the appointment of Michael Arenberg to chief operating and business officer. Arenberg is a biopharmaceutical executive who will be charged with leading strategic operations, investor relations, commercial development and business development of Imago.
RJF

Hot Stocks

16:26 EDT Raymond James reports February financial AUM $191.5B vs. $173.5B a year ago - "Our client-focused culture and award-winning technology platform continue to support strong financial advisor retention and drive robust recruiting momentum across our multiple affiliation options," said Chair and CEO Paul Reilly. "Although our M&A pipeline remains strong, macroeconomic and geopolitical uncertainty have contributed to a decline in investment banking revenues during the first two months of the quarter compared to the first two months of the prior-year quarter and preceding quarter."
DDD

Hot Stocks

16:25 EDT 3D Systems partners with Enhatch to scale personalized medical device delivery - 3D Systems and Enhatch, the Hoboken, New Jersey and Tulsa, Oklahoma-based developer of the Intelligent Surgery Ecosystem, have entered a partnership. The technologies which drive Intelligent Surgery aim to streamline and scale the design and delivery of patient-specific medical devices by automating the process. Incorporating these capabilities into 3D Systems' workflow for patient-specific solutions will help meet the growing demand for personalized medical devices. 3D Systems partners with medical device manufacturers to offer its VSP surgical planning solutions to support craniomaxillofacial and orthopedic medical specialties to help reduce procedure time and improve surgical outcomes. Likewise, Enhatch develops software applications powered by artificial intelligence to streamline every element of the patient-specific digital workflow. Combining both companies creates an optimized, automated, and scalable medical device workflow.
MITK

Hot Stocks

16:25 EDT Mitek Systems acquires HooYu for GBP 98M - Mitek "announced the acquisition of UK's leading KYC technology pioneers, HooYu. The acquisition helps to ensure businesses know the true identity of their customers by linking biometric verification with real-time bureau and sanction database checks."
LGND AHPA

Hot Stocks

16:21 EDT Ligand to spin-off its OmniAb business through Avista Public Acquisition merger - Ligand Pharmaceuticals (LGND) "announced the signing of a definitive merger agreement with Avista Public Acquisition Corp. II (AHPA), a publicly traded special purpose acquisition company providing for the spin-off of OmniAb, Ligand's antibody discovery business, immediately followed by a merger with a newly formed subsidiary of APAC. The combined company will be led by Ligand's President, Matt Foehr, and will be renamed "OmniAb, Inc." Upon the closing of the transaction, Avista Capital Partners, APAC's sponsor and a leading private equity firm focused on the healthcare industry, has agreed to invest up to $115M in the combined company, and Ligand will contribute $15M. The combined company will have an initial pre-money equity valuation of $850M. Immediately prior to the transaction close, Ligand intends to distribute 100% of its ownership of OmniAb to Ligand shareholders in a tax-free distribution. The transaction is expected to close in the second half of 2022."
KKR

Hot Stocks

16:17 EDT KKR acquires three properties in Denver and Nashville - KKR added to its national portfolio of self-storage real estate with the purchase of three Class A properties in Denver and Nashville. The properties were acquired by KKR's Americas opportunistic equity real estate fund, KKR Real Estate Partners Americas III, in two separate transactions with two separate sellers. The two Denver properties were completed in 2017 and 2018 and the Nashville property was completed in 2018. The purchases add over 2,000 units to KKR's self-storage portfolio and further expand the firm's footprint in two of the U.S.'s fastest growing metropolitan areas. KKR's self-storage portfolio currently includes properties serving the Austin, Atlanta, Charlotte, Denver, Inland Empire, Nashville, Orlando, Phoenix, St. Petersburg and Washington D.C. markets.
PLTK

Hot Stocks

16:15 EDT Playtika acquires JustPlay.LOL, terms not stated - Playtika Holding "announced the acquisition of Israel-based, JustPlay.LOL, creator of the multiplayer game, 1v1.LOL, which expands the company's offering into the Action and Battle Royale genres. The acquisition is consistent with Playtika's strategy to increase its breadth of entertainment genres and leverage the company's Boost platform to enhance game-operations."
APLS

Hot Stocks

16:13 EDT Apellis drops 11% to $47.00 after $300M common stock offering
PSB

Hot Stocks

16:08 EDT PS Business Parks CEO Chandler steps down for health reasons - PS Business Parks, Inc. announced that Dan "Mac" Chandler, III, the company's President and Chief Executive Officer, who has been on medical leave since January 17, 2022, will step down as President and Chief Executive Officer and as a member of the Board of Directors for health reasons, effective March 23, 2022. Stephen W. Wilson, who was appointed interim President and Chief Executive Officer on January 17, 2022, will continue to serve in that role, and will continue to be supported by the company's senior management team, including Maria R. Hawthorne, interim Chief Operating Officer, and Adeel Khan, Chief Financial Officer. Chandler said, "While it has been an honor to lead this inspiring company, I must step down as President and CEO due to my health condition. I am confident that Steve, Maria, Adeel, and the rest of the management team will continue to lead the Company effectively and in the interest of our stockholders." Ronald L. Havner, Jr., the company's Chairman of the Board, said, "On behalf of the Board and all the Company's employees, we thank Mac for his efforts as our CEO and offer him and his family our best wishes."
JXN

Hot Stocks

16:06 EDT Jackson Financial enters new relationship with Producers Choice Network - Jackson National Life Insurance Company, the main operating subsidiary of Jackson Financial, announced it is teaming up with Producers Choice Network to offer its advisory annuity products to the more than 6,500 investment advisor representatives served through PCN's outsourced insurance desk.
SPOT...

Hot Stocks

16:05 EDT Spotify and Google announce 'User Choice Billing' - In a blog post, Spotify stated: "Today, we are excited to announce a new chapter in our partnership with Google: a multiyear agreement that represents a first-of-its-kind option in payment choice and offers opportunities for both consumers and developers. Users who've downloaded Spotify from the Google Play Store will be presented with a choice to pay with either Spotify's payment system or with Google Play Billing. For the first time, these two options will live side by side in the app. This will give everyone the freedom to subscribe and make purchases using the payment option of their choice directly in the Spotify app. Spotify will continue to freely communicate with users about our Premium subscription service, promote discounts and promotions, and give listeners on our Free tier the ability to convert to Premium directly in the app. Over the coming months, Spotify will work with Google's product and engineering teams to build this new experience, and we'll roll out in countries around the world. Working together, the companies will test and learn, jointly exploring product innovations across the Android platform. We anticipate launching the first iteration of User Choice Billing later this year." Reference Link
DRTT

Hot Stocks

16:04 EDT Dirtt Environmental announces it plans to strategically rebrand, reposition - DIRTT Environmental Solutions announces it plans to strategically rebrand and reposition the Company in late Q2.Expanding customer needs, new market drivers and a shifting industry landscape have created a unique opportunity for DIRTT to evolve its value proposition and customer promise to better serve a broader design and build community. The changes clarify and reinforce the value of DIRTT's construction system to adapt to new markets and target new audiences. This evolution respects the fabric of DIRTT's DNA and the longstanding efforts of its people, and builds on a solid foundation.
CSX

Hot Stocks

16:04 EDT CSX recommends shareholders reject 'mini-tender' offer by TRC - CSX announced that it received notice of an unsolicited "mini-tender" offer by TRC Capital Investment, or TRC, to purchase up to 4M shares of CSX common stock at a price of $34.75 per share in cash. The offer price is 4.43% below the $36.34 closing price of CSX common stock on March 18, the last trading day before the mini-tender commenced. CSX is not affiliated with TRC and does not endorse TRC's unsolicited offer. CSX recommends that CSX shareholders do not tender their shares in response to the offer because the offer is at a price below the current market price for CSX shares. The offer is also subject to a number of conditions, including TRC's ability to secure sufficient financing to consummate the offer. CSX also recommends that any shareholders who have tendered shares to TRC withdraw those shares by providing the written notice described in the offering documentation before the expiration of the offer.
AAAP

Hot Stocks

15:59 EDT Advanced Accelerator's Pluvicto granted FDA approval for certain mCRPC cases - Advanced Accelerator's Pluvicto was granted FDA approval for the treatment of adult patients with prostate-specific membrane antigen-positive metastatic castration-resistant prostate cancer, or mCRPC, who have been treated with androgen receptor pathway inhibition and taxane-based chemotherapy, according to a post to the agency's website. Reference Link
JTKWY...

Hot Stocks

15:51 EDT Instacart announces launch of Instacart Platform - Instacart confirmed the launch of the new "Instacart Platform," via which it said it is "further enabling grocers' digital transformation with a new suite of enterprise-grade technologies to power the future of grocery." The company stated: "With Instacart Platform, the company is giving retailers access to the technologies behind Instacart's consumer marketplace to power their own digital properties and retail operations. Instacart Platform brings together the technologies retailers need to improve the consumer experience online or in-store and digitize the end-to-end grocery operation. Some retailers will choose to use some of these technologies a-la-carte, while others might benefit from having all of these solutions on one connected platform that works seamlessly across channels." Publicly traded companies in the food delivery space include Just Eat Takeaway.com (JTKWY), DoorDash (DASH) and Uber (UBER).
MSC

Hot Stocks

15:46 EDT Studio City International Holdings Limited (Class A ADS) trading resumes
MSC

Hot Stocks

15:42 EDT Studio City International Holdings Limited (Class A ADS) trading halted, volatility trading pause
SG

Hot Stocks

15:04 EDT Sweetgreen to open 'sweetlane' restaurant concept in Schamuburg, IL - Sweetgreen announced that it will be opening its first "sweetlane" concept in Schaumburg, IL, within the next year. The new pilot restaurant will feature sweetgreen's standard in-store experience with the addition of its first "sweetlane," a drive-thru lane to increase convenience for digital customers. To utilize sweetgreen's "sweetlane," customers at the Schaumburg location will place orders in advance exclusively through sweetgreen's digital platform. Sweetgreen is already a digital leader with almost 50% of total revenue in 2021 coming through orders placed on sweetgreen's mobile app or website. The space will also feature a round observation window for customers in their cars to watch the fresh prep as they pick up their orders, bringing the in-store experience to our drive-thru digital customers. Pick up orders may also be placed inside the restaurant, where dine-in service will be available. "We are always innovating to provide more convenience for our customers, which is why we're excited about our first sweetlane concept in Schaumburg," said sweetgreen Co-founder and Chief Concept Officer, Nicolas Jammet. "Digital customers are our most habitual users and we believe this new format will provide us with more options to connect people to real food."
CHK

Hot Stocks

14:51 EDT Chesapeake affiliate opens CNG fueling station in Port Wentworth, Georgia - Chesapeake Utilities Corporation announced that its affiliate Marlin Compression opened a high-capacity compressed natural gas truck and tube trailer fueling station in Port Wentworth, Georgia. The facility is one of the largest public access CNG stations on the East Coast. In addition to CNG, the new fueling station will offer a renewable natural gas option to customers in the near future. In addition to fleet fueling, the station will be utilized as a staging area for Marlin Gas Services to fill CNG transport trailers for its virtual pipeline services. "The Marlin Compression CNG station is yet another example of Chesapeake Utilities' leadership in the transition to lower carbon energy," said Jeff Householder, president and CEO. "Our service expansions not only provide access to lower carbon energy, but they also contribute to the economic well-being of the communities we serve. In partnership with Atlanta Gas Light, Southern Company Gas and the Port Fuel Center, we are excited to offer CNG as a low emissions fuel option for the truck fleets and other vehicles that operate in and around the Port of Savannah. In the near future, we will provide an RNG option at the same site to further advance our efforts in developing sustainable energy projects."
LRCX

Hot Stocks

14:45 EDT Lam Research CEO says hearing 'another step forward' for U.S. semi industry - Lam Research President and CEO Tim Archer testified today before the United States Senate Committee on Commerce, Science, and Transportation for a hearing entitled, "Developing Next Generation Technology for Innovation," after which Archer stated in part: "Today's hearing was another step forward in both tackling the challenges and embracing the opportunities facing the United States semiconductor industry. I would like to thank Senators Cantwell and Wicker for bringing together industry leaders and policy makers from both sides of the aisle. U.S. leadership in semiconductor manufacturing technology remains strong because of the innovation, drive, and resourcefulness of American workers across the semiconductor ecosystem. I am proud of the role that Lam Research and our employees have played for more than four decades in setting the pace for innovation and in maintaining U.S. leadership in the global market. The chip shortage we are experiencing highlights the complex and interdependent nature of the semiconductor ecosystem and the need for sustained investment by companies throughout the supply chain. We are grateful policymakers recognize these challenges and intend to support the industry comprehensively through the Commerce Department's Grant Program, established in the CHIPS Act, as well as through important research and development programs like the Investment Tax Credit found in the FABS Act. We urge Congress to act quickly to pass these measures in support of the entire domestic ecosystem."
RDFN

Hot Stocks

14:03 EDT Redfin announces nationwide launch of rental search offering - Redfin announced it has launched nationwide rental search, which it said lets consumers "search for both rental and for-sale home listings on Redfin for the first time." Redfin said: "Built on the same map-based search technology used by tens of millions to find homes for sale, the addition of rentals makes Redfin a destination for everyone in the U.S. looking for a place to live. Redfin's rental search is powered by rental listings from RentPath, a leading marketing technology and services platform for the rental industry that operates Rent.com and other popular rental sites, which Redfin acquired in April 2021. This significantly expands the reach of the RentPath network, letting RentPath's property-management customers market their rental listings to Redfin.com's 47 million monthly visitors." Redfin CEO Glenn Kelman added: "Adding rental listings to Redfin.com will increase our authority as a real estate destination, not only drawing more visitors to rental listings, but also to our existing for-sale listings. With about one in five Redfin.com visitors interested in rentals, we have an opportunity to generate as many rental inquiries from Redfin.com as from all other RentPath sites. As a result, we expect to attract more property managers to promote their listings on Redfin.com, and for Redfin.com traffic growth to accelerate."
CNI...

Hot Stocks

13:53 EDT North American rail traffic fell 3.5% for the week ending March 19 - The Association of American Railroads or AAR, reported U.S. rail traffic for the week ending March 19. For this week, total U.S. weekly rail traffic was 499,362 carloads and intermodal units, down 2.7% compared with the same week last year. Total carloads for the week ending March 19 were 232,770 carloads, up 1.1% compared with the same week in 2021, while U.S. weekly intermodal volume was 266,592 containers and trailers, down 5.7% compared to 2021. North American rail volume for the week ending March 19, on 12 reporting U.S., Canadian and Mexican railroads totaled 328,840 carloads, down 0.7% compared with the same week last year, and 348,166 intermodal units, down 6% compared with last year. Total combined weekly rail traffic in North America was 677,006 carloads and intermodal units, down 3.5%. North American rail volume for the first 11 weeks of 2022 was 7,249,341 carloads and intermodal units, down 4% compared with 2021. Publicly traded companies in the space include CSX (CSX), Canadian National (CNI), Canadian Pacific (CP), Kansas City Southern (KSU), Norfolk Southern (NSC) ,Union Pacific (UNP), Greenbrier GBX),Trinity Industries (TRN), FreightCar America (RAIL) and Wabtec (WAB). Reference Link
TMUS DIS

Hot Stocks

13:31 EDT T-Mobile announces 5G partnership with Disney StudioLAB - T-Mobile (TMUS) announced a five-year innovation partnership with Disney (DIS) Studios StudioLAB. T-Mobile and StudioLAB plan to explore emerging technologies such as virtual presence, Mixed Reality and immersive experiences for consumers. In addition, the teams plan to use Ultra Capacity 5G to test new, more efficient ways to capture, produce and distribute content, both from inside a studio as well as from remote locations. "As America's 5G powerhouse, T-Mobile will collaborate with StudioLAB on new ways to improve content production and test new forms of immersive experiences for consumers using its largest and fastest nationwide 5G network," the company stated.
WB

Hot Stocks

12:50 EDT Weibo drops 4% after SEC adds to HFCAA provisional list
WB

Hot Stocks

12:49 EDT Weibo added to SEC provisional list of companies under HFCAA - Weibo was added to the Securities and Exchange Commission's provisional list of companies identified under the Holding Foreign Companies Accountable Act. The statute requires the SEC to identify public companies "that have retained a registered public accounting firm to issue an audit report where the firm has a branch or office that: (1) is located in a foreign jurisdiction, and (2) the Public Company Accounting Oversight Board has determined that it is unable to inspect or investigate completely because of a position taken by an authority in the foreign jurisdiction." Shares of Weibo are down 4% to $25.92 following the news. Reference Link
MSI

Hot Stocks

12:33 EDT Motorola Solutions acquires Tetra Ireland for undisclosed terms - Motorola Solutions announced it has acquired Tetra Ireland Communications Limited, the provider of Ireland's National Digital Radio Service. Tetra Ireland delivers mission-critical voice and data land mobile radio communications to thousands of first responders and frontline workers from national security and enforcement agencies, health and emergency services, state utilities and volunteer organizations across the country, Motorola Solutions said in a statement. Terms of this transaction were not disclosed.
WGO

Hot Stocks

12:02 EDT Winnebago falls -8.6% - Winnebago is down -8.6%, or -$5.37 to $57.01.
SONX

Hot Stocks

12:02 EDT Sonendo falls -8.8% - Sonendo is down -8.8%, or -53c to $5.47.
WOR

Hot Stocks

12:01 EDT Worthington falls -13.2% - Worthington is down -13.2%, or -$8.21 to $53.93.
ZH

Hot Stocks

12:00 EDT Zhihu rises 13.4% - Zhihu is up 13.4%, or 38c to $3.21.
GME

Hot Stocks

12:00 EDT GameStop rises 15.8% - GameStop is up 15.8%, or $19.49 to $142.63.
YOU

Hot Stocks

12:00 EDT Clear Secure rises 20.1% - Clear Secure is up 20.1%, or $4.37 to $26.12.
FB SONY

Hot Stocks

11:51 EDT NFL, StatusPRO to develop NFL-licensed VR game for Meta Quest, PSVR - The National Football League and StatusPRO, a sports technology and gaming company that uses real-time player data to create authentic extended reality experiences, announced a partnership to bring an NFL-licensed virtual reality simulation gaming title to fans globally. Available on Meta Quest (FB) and PlayStation VR (SONY), this title will bring fans closer to the gridiron than ever before, allowing them to play like a professional football player through a first-person 3D immersive experience, the NFL said. "Virtual reality gaming is rapidly expanding and our partnership with StatusPRO allows us to explore a new immersive version of NFL gaming with support of the two largest VR platforms within this emerging space," said Joe Ruggiero, SVP, Consumer Products at the NFL. "We are seeing a growing number of fans engaging with VR and we're excited to launch the first-ever VR gaming title that complements our existing offerings in the market today." Release dates and additional information about the NFL's and StatusPRO's new gaming title will be announced at a later date. Reference Link
SONY

Hot Stocks

11:48 EDT PlayStation Network experiencing issues with PS Store, PS Now - Certain services on Sony's PlayStation Network are currently experiencing issues affecting the PlayStation Store, PS Now cloud gaming, as well as any games or apps that require a network connection. Reference Link
T...

Hot Stocks

11:46 EDT Warner Bros. 'Suicide Squad' game delayed to Spring 2023 - Sefton Hill, creative director at video game studio Rocksteady, confirmed that the company's upcoming DC comics game "Suicide Squad: Kill The Justice League" will be delayed to Spring 2023. "I know a delay is frustrating but that time is going into making the best game we can," Hill said. "I look forward to bringing the chaos to Metropolis together. Thanks for your patience." The Fly notes that the game is being published by Warner Bros. (T) and will be releasing for PC, Xbox Series X/S (MSFT), and PlayStation 5 (SONY). Reference Link
NRSN

Hot Stocks

11:45 EDT Neurosense Therapeutics Ltd trading resumes
NRSN

Hot Stocks

11:40 EDT Neurosense Therapeutics Ltd trading halted, volatility trading pause
SAL

Hot Stocks

11:35 EDT Salisbury Bancorp approves renewal of share repurchase program - Salisbury Bancorp, the holding company for Salisbury Bank and Trust Company, announced that its board of directors has approved the renewal of its share repurchase program, which expires today, for another twelve months. The share repurchase program provides for the repurchase of Salisbury's common stock in amounts up to an aggregate of 5% of the outstanding shares of Salisbury's common stock from time to time over the next twelve months through privately negotiated transactions and/or market purchases at appropriate prices, subject to price and market conditions on terms determined to be in the best interests of Salisbury.
NXST

Hot Stocks

11:32 EDT Nexstar says Nexstar Digital unique users grew 45% year-over-year in January - Nexstar Digital, the digital division of Nexstar Media, a wholly owned subsidiary of Nexstar Media Group, announced that total unique users to its websites and mobile applications in January 2022 increased by more than 45% from the same time period a year earlier, to 133 million, generating 820 million page views according to Comscore Media Trend. "This growth moved Nexstar Digital into the Comscore Top 25 for unique visitors and marked the seventh consecutive month of growth of at least two million unique users across Nexstar Digital's websites and mobile applications. Collectively, Nexstar Digital's websites and apps now reach close to 50% of the U.S. internet audience," the company stated.
STLA

Hot Stocks

11:10 EDT Stellantis announces definitive agreement with LG Energy for Canada battery JV - Stellantis N.V. and LG Energy Solution announced they have executed binding, definitive agreements to establish what the companies call "the first large scale, domestic, electric vehicle battery manufacturing facility in Canada." The joint venture company will produce lithium-ion battery cells and modules to meet a "significant portion" of Stellantis' vehicle production requirements in North America. The joint venture company will invest over C$5B, or $4.1B in U.S. dollars, to establish operations, which will include an all-new battery manufacturing plant located in Windsor, Ontario, Canada. Plant construction activities are scheduled to begin later this year with production operations planned to launch in the first quarter of 2024, the companies stated.
FB

Hot Stocks

11:06 EDT Meta's Instagram announces new ways to control feed, Favorites and Following - Adam Mosseri, Head of Instagram, said in a blog post: "Today, we're introducing Favorites and Following, two new ways to choose what you see in your feed. We want you to be able to shape Instagram into the best possible experience, and giving you ways to quickly see what you're most interested in is an important step in that direction... Over time, we're going to add more recommendations to your feed based on your interests - Favorites and Following are new ways to catch up on recent posts from the accounts you follow. Favorites shows you the latest from accounts that you choose, like your best friends and favorite creators. In addition to this view, posts from accounts in Favorites will also show up higher in your home feed. Following shows you posts from the people you follow. Both Favorites and Following will show you posts in chronological order, so you can quickly catch up on recent posts." Reference Link
AAPL

Hot Stocks

11:01 EDT Apple launches first driver's license and state ID in Wallet with Arizona - Apple announced that Arizona is the first state to offer driver's license and state ID in Wallet. "Starting today, Arizonans can add their driver's license or state ID to Wallet, and tap their iPhone or Apple Watch to seamlessly and securely present it at select TSA security checkpoints in Phoenix Sky Harbor International Airport... Additional states will offer driver's license and state ID in Wallet soon. Colorado, Hawaii, Mississippi, Ohio, and the territory of Puerto Rico plan to bring this feature to their residents, along with the seven states Apple previously announced," the company stated. Reference Link
MMC

Hot Stocks

10:53 EDT Marsh McLennan increases share repurchase program by $5B to $6.3B - The board of directors of Marsh McLennan authorized an additional $5B in share repurchases. This is in addition to the company's existing share repurchase program, which had approximately $1.3B of remaining authorization as of December 31, 2021. The total authorization increased to approximately $6.3B, before any share repurchase in the first quarter. The board also declared a quarterly dividend of 53.5c per share on outstanding common stock, payable on May 13 to stockholders of record on April 6, the company announced.
ALLG

Hot Stocks

10:20 EDT Spartan Acquisition III Corp trading resumes
ALLG

Hot Stocks

10:15 EDT Spartan Acquisition III Corp trading halted, volatility trading pause
UBS

Hot Stocks

10:02 EDT UBS to offer 100% remote work option for eligible U.S.-based employees - UBS announced the launch of its Virtual Worker Framework, a new approach to flexible working that will provide US employees in eligible roles with the opportunity to work 100% remotely. UBS said it will begin a phased implementation of the framework over the coming months to select current and prospective employees across the country. "Hybrid working has positively reshaped the future of our workplace," said Tom Naratil, President of UBS Americas. "We're reimagining the way we work and believe this framework will provide an enhanced work-life balance for some of our employees, appeal to a more diverse pool of applicants and increase employee retention. We recognize the world has changed and we continue to adapt so that we can deliver the best for our clients and our people." The framework will be introduced in phases, beginning with eligible Global Wealth Management roles in the US, and will be aligned with all regulatory guidelines, UBS said.
SIRI

Hot Stocks

10:01 EDT Sirius XM signs multi-platform agreement with Crooked Media - SiriusXM announced a multi-platform agreement with Crooked Media, the independent progressive media company credited with some of the most popular and critically acclaimed podcasts in the U.S. and abroad. As part of the agreement, Crooked Media's top-ranked podcasts, including Pod Save America, Lovett or Leave It, and Pod Save the World, will join the SiriusXM network through the 2024 election cycle and beyond. The agreement gives SXM Media, the advertising sales arm of Sirius XM Holdings Inc., exclusive global ad sales rights to Crooked Media's extensive lineup of podcasts starting in May. SXM Media also gains sales and sponsorship rights to digital video, social media, and live events produced by Crooked Media. Since 2017, Crooked Media has launched over 25 podcasts and podcast series, including Pod Save America, Keep It, and Wind of Change, and has amassed over 25 awards. Today, Crooked Media's slate of podcasts generate over 21 million monthly downloads. Per Edison Research, SXM Media is the #1 U.S. podcast advertising network in weekly listener reach. SiriusXM is expected to use its multi-platform scale to reach an even larger audience for the voices of Crooked Media's podcasts, including listeners of SiriusXM radio channels, whose paid subscribers total more than 32 million. Crooked Media will retain editorial control of its podcasts and, as a result of this new agreement, is anticipated to expand its network of podcasts over the next three years, as well as further invest in the development, distribution and marketing of its existing podcasts. SiriusXM will also distribute both audio and video content from Crooked Media's podcasts on SiriusXM, including on its radio platform and the SXM App. The Crooked Media podcasts join a growing, diverse lineup of political and entertainment programming available across SiriusXM.
WGO

Hot Stocks

10:00 EDT Winnebago falls -6.4% - Winnebago is down -6.4%, or -$3.98 to $58.40.
BEKE

Hot Stocks

10:00 EDT KE Holdings falls -8.0% - KE Holdings is down -8.0%, or -$1.04 to $11.99.
WOR

Hot Stocks

10:00 EDT Worthington falls -10.6% - Worthington is down -10.6%, or -$6.58 to $55.55.
BTU

Hot Stocks

10:00 EDT Peabody Energy rises 8.9% - Peabody Energy is up 8.9%, or $2.10 to $25.69.
IPI

Hot Stocks

10:00 EDT Intrepid Potash rises 9.4% - Intrepid Potash is up 9.4%, or $7.44 to $86.79.
GME

Hot Stocks

10:00 EDT GameStop rises 13.0% - GameStop is up 13.0%, or $15.96 to $139.10.
AEG

Hot Stocks

09:57 EDT Aegon announces intention to return cash to shareholders via EUR 300M buyback - Aegon announced earlier that it has completed the divestment of its Hungarian businesses to Vienna Insurance Group AG Wiener Versicherung Gruppe. The gross proceeds of the transaction amount to EUR 620M, the company said in a statement, adding that this completion is an important step towards the full closing of the sale of Aegon's insurance, pension, and asset management businesses in Central and Eastern Europe to VIG for EUR 830M, as announced in November 2020. The sales of Aegon's businesses in Poland, Romania and Turkey are expected to be completed in the course of 2022, subject to required local regulatory approvals. The closing of the sale of the Hungarian businesses will result in a significant increase of Aegon's Cash Capital at the Holding - which amounted to EUR 1.3B at the end of 2021 - and brings it above the stated operating range of EUR 0.5B to EUR 1.5B. This provides Aegon with the financial flexibility to announce today a reduction of its debt through a EUR 375M tender offer, as well as the intention to return surplus cash capital to its shareholders via a EUR 300M share buyback, barring unforeseen circumstances. These actions are in line with the ambitions stated at the Capital Markets Day in December 2020.
RERE

Hot Stocks

09:47 EDT ATRenew falls -4.6% - ATRenew is down -4.6%, or -17c to $3.52.
WOR

Hot Stocks

09:47 EDT Worthington falls -7.9% - Worthington is down -7.9%, or -$4.94 to $57.20.
WGO

Hot Stocks

09:47 EDT Winnebago falls -8.6% - Winnebago is down -8.6%, or -$5.38 to $57.00.
FRGE

Hot Stocks

09:47 EDT Forge Global rises 6.9% - Forge Global is up 6.9%, or $1.12 to $17.27.
YOU

Hot Stocks

09:47 EDT Clear Secure rises 9.6% - Clear Secure is up 9.6%, or $2.09 to $23.84.
EPAC

Hot Stocks

09:47 EDT Enerpac Tool rises 11.1% - Enerpac Tool is up 11.1%, or $2.24 to $22.38.
JBLU AAL

Hot Stocks

09:22 EDT JetBlue, American announce 'perks' for TrueBlue Mosaic and AAdvantage members - JetBlue (JBLU) and American Airlines (AAL) are elevating the travel experience for its most loyal travelers, announcing new perks for TrueBlue Mosaic and AAdvantage status members when traveling on either. It is the latest round of customer benefits made possible by the airlines' innovative Northeast Alliance, NEA. "We know our most loyal customers love the added perks and flexibility that come with being a TrueBlue Mosaic member, which is why, together with American, we're extending more great benefits to our travelers when they are flying on American-operated flights," said Don Uselmann, vice president loyalty & personalization, JetBlue. "At the same time, we continue to add value to our Northeast Alliance by also extending additional perks and flexibility to American's status members when they fly JetBlue. It's another win as we continue to add value to our loyalty programs." "American and JetBlue are committed to delivering a seamless travel experience to customers through our Northeast Alliance," said Alison Taylor, American's Chief Customer Officer. "Part of that dedication includes making travel even more enjoyable for our loyal members, who inspired this opportunity. "
SNAP

Hot Stocks

09:16 EDT Snap acquires Paris-based neurotech company NextMind - Snap stated in a blog post: "We're excited to share that Snap has acquired NextMind, a Paris-based neurotech company. NextMind has joined Snap to help drive long-term augmented reality research efforts within Snap Lab. The team will continue to operate out of Paris. Snap Lab is our cutting-edge hardware team, focused on building devices that advance Snap's augmented reality platform... Before joining Snap, NextMind developed non-invasive brain computer interface - BCI - technology in order to enable easier hands-free interaction using electronic devices, including computers and AR/VR wearables and headsets. This technology monitors neural activity to understand your intent when interacting with a computing interface, allowing you to push a virtual button simply by focusing on it. This technology does not 'read' thoughts or send any signals towards the brain. We're looking forward to working with NextMind to overlay computing on the world and improve the way that technology can serve humanity." Reference Link
NPHC

Hot Stocks

09:16 EDT Nutra Pharma Corp announces first manufacturing agreement - Nutra Pharma Corporation is announcing their first agreement to act as a product formulator and contract manufacturer for an outside company, Avini Health. "We've spent the last two years bringing all of our manufacturing in-house," stated Rik Deitsch, CEO of Nutra Pharma. "These manufacturing capabilities allow us to produce all of our own products; but also provides the option to act as a contract manufacturer for other companies to potentially provide an additional revenue stream for Nutra Pharma," he continued. "To that end, we have just signed our first contract with an outside company to provide them with formulation expertise, product ideation and manufacturing of finished goods. Making these additional products also allows us to potentially lower our own manufacturing costs as we take advantage of economies of scale to purchase packaging and raw materials. This relationship has already provided revenues and we expect this revenue stream to become substantial over the next few quarters," he concluded.
CRKN

Hot Stocks

09:12 EDT Crown Electrokinetics CEO provides first quarter company update - Crown Electrokinetics released an update highlighting the company's latest progress toward its 2022 objectives to include product delivery, business development, market size estimate and intellectual property valuation. CEO Doug Croxall wrote, "Despite all the prevailing market headwinds, Crown is proceeding as planned. The completion of Crown's facilities in Corvallis and Salem will mark the company's transition to manufacturing self-sufficiency, eliminating any dependency on contract manufacturers or partners. This will result in enhanced customer experience, stronger IP protection, and improved cost efficiencies. Our Smart Window Inserts transform single-pane windows into energy efficient double-pane windows... We expect to achieve product launch in summer 2022... We continue to develop relationships in the US REIT's market. We have held multiple presentations and I expect to announce additional agreements in the coming months. Finally, we engaged an independent valuation services organization to perform an analysis on the fair market value of Crown's intellectual property portfolio. A summary of the report's findings will be released in the near future. On behalf of all working here at Crown, we are grateful to our shareholders for their continued confidence and support as we continue steadfastly on our planned path for 2022."
XFLS

Hot Stocks

09:09 EDT XFuels confirms relocation to the state of Texas - Xfuels announced that it has relocated from Alberta, Canada to Texas. The move is intended to help the company expand within the United States. Xfuels also clarified that any new LOI for the purchase of Jubilee Exploration in the United States will be entered under new terms.
GVP

Hot Stocks

09:08 EDT GSE Systems wins additional contracts with nuclear utility clients - GSE Systems signed several follow-on agreements with nuclear utility clients. GSE's recent awards with a long-term customer, valued at approximately $1.0M, includes a contract extension to provide additional plant optimization tools and services. These GSE tools and services will help the customer improve the efficiency of plant operations while increasing the amount of power accounted for from their plant operations. GSE TrueNorth, a division of GSE Solutions, will provide optimization contract services, delivering industry-leading engineering program experience, evolving guidance, and innovative software tools to maintain regulatory compliance.
WIX AMZN

Hot Stocks

09:07 EDT Wix.com announces Amazon multi-channel fulfillment app - Wix.com (WIX) announced a new integration with Amazon (AMZN) Multi-Channel Fulfillment that allows Wix eCommerce merchants to easily fulfill their eCommerce orders using Amazon's order fulfillment services with one- and two-day shipping needs. Wix eCommerce merchants in the US, whether they sell on Amazon or not, can download the Amazon MCF app to their Wix store and more easily access Amazon's fulfillment network, operational expertise, lower fulfillment costs and order delivery in as fast as 1 day. Once merchants integrate, their customers will automatically see shipping speed options and real-time delivery dates from Amazon. This integration reduces the complexities business owners face fulfilling orders on their own and opens the door for them to easily scale and focus on their growth.
JHG

Hot Stocks

09:06 EDT Janus Henderson announces Ali Dibadj as next CEO - Janus Henderson Group announced that its Board of Directors has unanimously appointed Ali Dibadj as Chief Executive Officer of the Company effective no later than 27 June. Ali Dibadj succeeds Dick Weil, who, as previously announced, will retire as CEO and a member of the Board as of 31 March. Effective 1 April, the Board has appointed Roger Thompson, Chief Financial Officer , to serve as Interim CEO until Mr Dibadj joins JHG. To assist in an orderly transfer of responsibilities, Weil will serve as an adviser to the Company through 30 June .
RNAZ

Hot Stocks

09:06 EDT Transcode Therapeutics publishes article in journal Cancers - TransCode Therapeutics, in collaboration with teams from, Massachusetts General Hospital, Michigan State University and Northeastern University, published an article in the journal Cancers titled, Clinical Applications of Short Non-Coding RNA-Based Therapies in the Era of Precision Medicine. The article was published on March 21, 2022. The article describes the development, challenges, and clinical successes of short RNA-based drugs and details several examples of how these RNA drugs are designed, chemically modified, and delivered for treatment of cancer, cardiovascular disease, and rare genetic disorders. In addition, the article highlights key similarities and differences between various short non-coding RNA platforms and discusses considerations to maximize treatment efficacy of RNA-based therapeutics. TransCode's CEO, Michael Dudley, added, "We believe RNA-based drugs will play an increasingly important role in personalized treatment for cancer and other diseases. Our first-in-human clinical trial which we intend to initiate later this year with our lead therapeutic candidate, targets an RNA molecule that has been shown to be the driver of metastatic disease. Since our proprietary delivery system has been engineered to deliver RNA therapeutics inside tumor cells, it has the potential to overcome the challenges of RNA delivery to a range of genetic targets. We believe this would represent a major step forward in unlocking therapeutic access to genetic targets involved in a range of cancers."
PING SNX

Hot Stocks

09:05 EDT Ping Identity, TD Synnex announce strategic partnership - Ping Identity (PING) announced a strategic partnership with TD SYNNEX (SNX) to bring best-in-class identity security solutions to customers in the U.S. and Canada. TD SYNNEX will become a major global distribution resource in the Ping Identity Global Partner Network, providing identity and access management solutions that help enterprises prevent security breaches, increase productivity and provide seamless digital experiences for their workforces and customers.
GIS

Hot Stocks

09:05 EDT General Mills 'mostly' hedged on commodities through rest of CY
KD LNVGY

Hot Stocks

09:05 EDT Kyndryl Holdings, Lenovo expand partnership for cloud and edge computing - Kyndryl (KD) and Lenovo (LNVGY) announced an expansion of their global partnership to develop and deliver scalable hybrid cloud solutions and edge computing implementations. Through their extended collaboration, Kyndryl and Lenovo will create joint solutions that employ automation, optimization and differentiated IT infrastructure services to help customers meet their mission-critical on-premises and cloud-based distributed application service needs. Lenovo will continue as Kyndryl's strategic partner for IT server projects for PCs, servers, storage and next generation edge compute technologies with a portfolio of joint solutions. Kyndryl and Lenovo also aim to provide integrated solutions for customers via an edge-to-cloud experience that leverages Lenovo's portfolio of products with Kyndryl's services for deployment, migration and optimization as a service or on prem.
GRIL

Hot Stocks

09:05 EDT Muscle Maker's Pokemoto division enters New Jersey - Muscle Maker announced the signing of a new Pokemoto franchise agreement for the Hoboken, New Jersey area. This new franchise agreement marks the first entry for Pokemoto into the New Jersey market. Michael Roper, CEO of Pokemoto, commented, "while it's exciting to sign new franchise agreements and expand into new states, it's even more exciting to get them opened. We currently have 6 franchise locations and 2 additional Company owned locations under construction and multiple LOIs for leases being negotiated. Once opened, Pokemoto will have locations operating across Connecticut, Massachusetts, New York, Rhode Island, Virginia, Maryland, Mississippi, Florida and now New Jersey."
GIS

Hot Stocks

09:04 EDT General Mills sees higher inflation, pricing in Q4 - Comments taken from Q3 earnings conference call.
BYND PEP

Hot Stocks

09:04 EDT Beyond Meat, PepsiCo announce debut of Beyond Meat Jerky - Beyond Meat (BYND) and PepsiCo (PEP) announced the debut of Beyond Meat Jerky. The delicious and convenient plant-based jerky is the first product from the two companies' joint-venture, Planet Partnership, LLC. Rolling out at stores nationwide starting in March, Beyond Meat Jerky offers a full-flavored, on-the-go snack experience that furthers Beyond Meat and PepsiCo's shared passion for creating products that are better for both people and the planet. Beyond Meat Jerky is marinated and slow roasted to offer the savory experience of traditional beef jerky in three flavors: Original, Hot & Spicy and Teriyaki. Beyond Meat Jerky contains 10g of protein per serving, no cholesterol, and is made with simple, plant-based ingredients like peas and mung beans, all without GMOs, soy or gluten. Available in three different sized packs, Beyond Meat Jerky is Beyond Meat's first shelf-stable product, unlocking new channels of distribution with availability everywhere from grocery stores to gas stations, and club stores to pharmacies, powering better-for-you snacking that's both convenient and accessible.
PACB

Hot Stocks

09:04 EDT Pacific Biosciences opens European headquarters in London - PacBio announced announced a new European headquarters in London expected to open April 4, 2022, and a relationship with Swiss-based Genesupport, a Sonic Healthcare company, the first commercial service provider to offer PacBio sequencing services in Europe. "As more European laboratories experience the power and accuracy of PacBio HiFi sequencing, there is a clear need to expand our footprint to match our investments in commercial support," said Neil Ward, Vice President and General Manager of Europe, Middle East and Africa, EMEA, for PacBio. "In addition to our expansion, we are pleased to welcome Genesupport as our first European commercial service provider, helping us further extend the reach of PacBio HiFi sequencing in the region."
LXFR

Hot Stocks

09:02 EDT Luxfer names Andrew Butcher as CEO - Luxfer announced that Andrew Butcher has been named as CEO and a member of Luxfer's board of directors, effective May 6. The company also reaffirmed its prior financial guidance for the year. Alok Maskara, who has served as CEO and executive director since May 2017, has elected to leave the company in pursuit of another opportunity.
CPXWF

Hot Stocks

09:02 EDT Capital Power announces first Canadian solar facility now operational - Capital Power Corporation's first Canadian solar facility is now operational. The 41-megawatt, MW, Strathmore Solar facility, located on 320 acres of leased industrial land owned by the Town of Strathmore, was completed on-schedule and is fully contracted with 100% of the renewable energy generated and associated renewable energy credits sold to TELUS Communications under a 25-year power purchase agreement. "We're proud to complete our first ever Canadian solar facility on schedule and help Alberta further expand the clean energy capacity available to power our economy," said Brian Vaasjo, President and CEO for Capital Power. "As we work to power a sustainable future for people and planet, this project represents another step on our pathway to net carbon neutrality by 2050 and we're excited to partner with TELUS to support their decarbonization goals too."
LII LXFR

Hot Stocks

09:02 EDT Lennox names Alok Maskara as CEO, effective May 9 - Lennox (LII) has appointed Alok Maskara as CEO, effective on May 9. Maskara succeeds Todd Bluedorn, who announced in July 2021 his plans to step down by mid-2022 as Chairman and CEO after 15 years in the role. Todd Teske, current Lead Independent Director since 2015 and board member since 2011, is appointed Chairman of the Board and will also serve as interim CEO until Alok assumes the role as CEO. The company also reiterates its previously announced financial guidance for 2022. Alok brings 25 years of global leadership experience in manufacturing and technology. He has served for five years as CEO of Luxfer Holdings (LXFR).
AJG

Hot Stocks

09:01 EDT Arthur J. Gallagher acquires Commercial Insurance Underwriters - Arthur J. Gallagher acquired Springfield, Missouri-based Commercial Insurance Underwriters, or CIU. Terms of the transaction were not disclosed. Founded in 1984, CIU is a surplus lines agency offering commercial, personal and professional lines coverages for businesses and individuals with complex, unique or hard-to-place risks, primarily throughout the upper and lower Midwest. Kim Moore and her associates will remain in their current location under the direction of Matt A. Lynch, head of Central Region-Binding for Risk Placement Services, Gallagher's U.S. wholesale brokerage, binding authority and programs division.
SPCB

Hot Stocks

09:00 EDT SuperCom awarded Croatia's first national electronic monitoring project - SuperCom was awarded by the Ministry of Justice and Administration of Croatia the first full-scale electronic monitoring contract in the country and will deploy SuperCom's PureSecurity Electronic Monitoring Suite. The project will include the PureSecurity RF monitoring solution, providing continuous tracking of offenders in house arrest. The project is set to cover all EM offender programs within Croatia for a duration of five years. SuperCom expects to deploy the initial order and generate revenues shortly after the project launch.
MFA

Hot Stocks

08:47 EDT MFA Financial authorizes 1-for-4 reverse stock split - MFA Financial has unanimously approved a reverse stock split of the company's common stock at a ratio of 1-for-4. The reverse stock split is expected to take effect following the close of business on April 4. The company's common stock is expected to begin trading on the NYSE on a post-split basis beginning on April 5, under a new CUSIP number: 55272X607. The reverse stock split will not affect the timing or amount of the company's dividend in respect of its common stock, which will continue to be payable on April 29 to stockholders of record at the close of business on March 22 in the amount of 11c per common share. No fractional shares will be issued in connection with the reverse stock split. The reverse stock split will not affect any stockholder's ownership percentage of shares of the company's common stock.
CNDT

Hot Stocks

08:46 EDT Conduent's subsidary announces renewed contract with STM - Conduent Transportation, a global business unit of Conduent Incorporated, announced that Societe de Transport de Montreal, STM, has renewed the company's contract for another three years to support seven transportation networks with maintenance and upgrades of their systems and ticketing equipment in the Montreal metropolitan area and Quebec City. STM serves as the delegated ticketing manager on behalf of the Autorite Regionale de Transport Metropolitain, owner of the ticketing system. The award comes as Conduent Transportation continues to build upon its international presence and expand around the world. As part of the renewal, Conduent will continue to manage and maintain the OPUS fare collection system across all public transportation networks. Conduent will also provide the necessary hardware and software upgrades to modernize the service for users, enabling future new functionalities such as contactless bank card payments and QR code ticket validation.
CSSE

Hot Stocks

08:44 EDT Chicken Soup for the Soul announces agreement with BBC Studios - Chicken Soup for the Soul Entertainment announced an agreement with BBC Studios to license the exclusive rights to the mystery crime series Sherlock, starring Benedict Cumberbatch and Martin Freeman. The series will be available exclusively on the Crackle Plus streaming services starting April 1. "We continue to be committed to bringing the best possible content to our networks, and with our new technology and our increasing touchpoints there is no better time to offer Sherlock," said William J. Rouhana Jr, chief executive officer of Chicken Soup for the Soul Entertainment. "Our originals and exclusives continue to perform, with ad impressions on originals and exclusives reaching all-time highs."
ALLO

Hot Stocks

08:43 EDT Allogene announces preclinical publication results on allogeneic CAR T cells - Allogene Therapeutics announced the publication of preclinical study results demonstrating the superior long-term in vitro myeloma-killing activity of allogeneic anti-BCMA CAR T cells from healthy donors compared with anti-BCMA CAR T cells from patients with multiple myeloma. The findings were published in Cancer Research Communications, a journal of the American Association for Cancer Research. In this study, anti-BCMA CAR T cells were generated from young healthy donors and from patients with relapsed/refractory multiple myeloma and their profile, fitness and cytotoxic activity were compared. Results showed that: Healthy donors had higher T cell counts, a higher CD4/CD8 T cell ratio, and naive/stem cell memory phenotype compared with patients with relapsed multiple myeloma; Anti-BCMA allogeneic CAR T cells derived from healthy donors showed efficient killing of primary multiple myeloma cells across different patient sub-groups including those with high-risk disease; and In a subset of patient samples with low BCMA, the addition of a gamma secretase inhibitor increased the surface levels of BCMA and led to improved cytotoxic activity. Manufacturing T cells from a healthy donor allows for less product variability and eliminates both the risk of manufacturing failures and the requirement for bridging therapy by enabling treatment within days. In studies on the approved autologous CAR T therapies, up to 75% of patients required bridging therapy, up to 18% of patients received therapies that were not within the required manufacturing specifications, and up to 14% of patients did not receive cells in time for treatment. As part of Allogene's anti-BCMA strategy, the Company has two AlloCAR T trials underway investigating product candidates for the treatment of multiple myeloma. Allogene intends to provide a BCMA program clinical update by the end of 2022.
EPAC

Hot Stocks

08:41 EDT Enerpac launches ASCEND transformation program, 10M share repurchase program - Enerpac Tool announced that its board of directors and management team are taking actions intended to enhance shareholder returns, including the launch of ASCEND, a new transformation program. In addition to the transformation, the company also announced the authorization of a 10 million share repurchase program. The company expects that it will deliver an incremental $40M-$50M of annual adjusted EBITDA from the execution of ASCEND, with the full run rate of adjusted EBITDA expected to be reflected in its results as it exits fiscal 2024 and fully incorporated into its fiscal 2025 projections. Enerpac anticipates investing approximately $60M-$65M over the next 30 months to support the ASCEND initiatives.
NFYEF

Hot Stocks

08:40 EDT NFI Group's ADL continues Hong Kong expansion, first electric bus order - NFI Group subsidiary Alexander Dennis Limited, ADL, announced that it is to build an initial 10 electric double deck buses for Hong Kong operator The Kowloon Motor Bus Company Limited, KMB. The zero-emission Enviro500EV will be ADL's first electric double deck buses in the Asia-Pacific region. Ten battery-electric Enviro500EV three-axle, fully air-conditioned double deck buses will be delivered to KMB in 2023 and will come with new and innovative features that will continue to raise the bar for efficiency, safety and comfort. "We acquired ADL in 2019 with a vision that it would drive our international growth strategy. Today's announcement, combined with other contract wins in Germany, Ireland and New Zealand, highlights that vision becoming reality," said Paul Soubry, President & CEO, NFI. "ADL has long been the world leader in double-deck buses and will continue to lead this space through the transition to zero-emission."
GYRO STRR

Hot Stocks

08:38 EDT Star Equity announce intent to nominate director candidates at Gyrodyne - Star Equity Fund (STRR), a shareholder of Gyrodyne (GYRO), announced its intent to nominate a slate of highly qualified director candidates for election to the Gyrodyne board of directors at the Company's 2022 annual meeting of shareholders. "We believe significant change to the Board is needed to create value for all shareholders and we have identified a number of highly qualified candidates who would act in the best interests of all shareholders," the company said. "Gyrodyne shareholders have long suffered value destruction during the incumbent Board's tenure. Following its class action settlement with shareholders in August 2015, Gyrodyne agreed to liquidate its then four-property real estate portfolio, return the proceeds to its shareholders, and dissolve the Company. Almost seven years have passed, and the Company has sold only two of those properties with the completion of the second sale occurring in August 2018, while management and the Board have been receiving compensation the entire time. With the Company's Flowerfield and Cortlandt Manor properties yet to be sold, we have little confidence Gyrodyne will complete its liquidation any time soon. We believe the Company effectively has become a compensation vehicle for the incumbent Board at the expense of shareholders... We have requested Gyrodyne send us the director nominee questionnaire and the representation and agreement for shareholder nominees, which the Company is required to provide upon written request under its Limited Liability Company Agreement, as amended. Unfortunately, the Company has not responded to our request. Should Gyrodyne continue to refuse to provide these materials to us on a reasonable timeframe, we are fully prepared to take all actions necessary to enforce our rights to the fullest extent of the law and under the Company's LLC Agreement."
TCBP

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08:37 EDT TC Biopharm receives approvals to begin Ommnimmune therapy in AML - TC Biopharm has received MHRA and Research Ethics Committee approvals to initiate gamma-delta T cell therapy clinical trials of OmnImmune for the treatment of Acute Myeloid Leukemia, or AML. OmnImmune, an allogeneic unmodified cell therapy consisting of activated and expanded gamma delta T cells has already received orphan drug designation for the treatment of patients suffering from the blood and bone marrow cancer. Phase 2/3 trials will begin enrollment in the first half of 2022 in the UK with expansion into the US following shortly thereafter.
EPAC

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08:37 EDT Enerpac Tool Group announces 10M share repurchase program - Paul Sternlieb, Enerpac Tool Group's President and CEO, said, "This is an important and exciting time for Enerpac Tool Group. Our second quarter financial results announced today demonstrate the underlying strength of our focused industrial tools and services portfolio. While we are still operating in a challenging macroenvironment, we are now taking decisive actions to position the business for its next phase of growth and shareholder value creation." Mr. Sternlieb continued, "The Board's decision to authorize a new share repurchase program and our intent to repurchase shares remains an important aspect of our balanced capital allocation strategy. This program reflects our Board's confidence in Enerpac Tool Group's strong financial position and the underlying solid cash generating abilities of our business as we execute the ASCEND transformation program. We expect that our available cash, existing credit facilities and access to capital markets will also support a disciplined M&A strategy as we continue to identify complementary additions to the Enerpac Tool Group portfolio."
BCO

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08:36 EDT Brink's BLUbeem now accessible in Clover app market - The Brink's Company announced the availability of its BLUbeem digital cash payment solution via Clover from Fiserv. "We're thrilled to be launching BLUbeem for Clover, one of the world's fastest-growing POS payment systems," said Rohan Pal, Brink's chief digital officer. "The combination of our digital cash payment technology and the Clover platform will enable merchants to significantly reduce time spent handling receipts, reduce losses, eliminate the risks associated with manual delivery of cash to the bank, and free up employees to focus on customer service and other important in-store tasks. On top of all these benefits, merchants receive bank credit and access to their funds within 24 hours." The BLUbeem app is available in the Clover App Market and is expected to be added to additional POS platforms in the first half of 2022.
OUST

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08:36 EDT Ouster, Tacticaware launch joint security solution - Ouster and Tacticaware announced the launch of their joint security solution: Ouster x Accur8vision. The solution combines Ouster's 3D digital lidar technology with Hexagon's security software to target the multibillion dollar physical security market.
HTBX

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08:35 EDT Heat Biologics appoints Burel to Biothreat Advisory Board, senior advisor - Heat Biologics announces the appointment of Greg Burel, former Department of Health and Human Services, Office of the Assistant Secretary for Preparedness and Response Director of the Strategic National Stockpile, to the Company's Biothreat Advisory Board and as a senior advisor to the Company.
PROBF

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08:34 EDT Probe Metals appoints Langlois as Chief Financial Officer - Probe Metal announces the appointment of Patrick Langlois as Chief Financial Officer and Vice President, Corporate Development to the Company. Patrick will take over from Carmelo Marrelli, who has stepped down from his role as Chief Financial Officer. Since 2015, Langlois has held the position of Vice President, Corporate Development for the Company, and was the Vice President, Corporate Development for its predecessor, Probe Mines Limited.
TREC

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08:33 EDT Trecora Resources to 'carefully review and evaluate' Ortelius' board candidates - Trecora Resources issued the following statement regarding Ortelius Advisors' letter to Trecora stockholders yesterday: "Trecora's Board of Directors and management team are focused on delivering value for our shareholders. While we are confident that the Company is positioned for strong, profitable growth, we also remain open to exploring all value-enhancing opportunities. To that end, we have spoken with the principal of Ortelius on dozens of occasions over the past eighteen months and have considered his input seriously and objectively. In those conversations, Ortelius has made a wide assortment of claims and proposals. At various times, Ortelius has wanted us to: Enter into exclusive negotiations with Ortelius to sell it the Company (even though Ortelius did not indicate a buyout price or demonstrate that it had adequate financing); Support Ortelius in issuing a mini-tender offer to buy additional shares in the Company; Allow Ortelius to buy more than 15% of Trecora stock and waive the protections afforded to our other shareholders under Delaware corporate law; Have the Company conduct a Dutch-tender to buy our own stock while Ortelius also buys stock through a tender or in the open market; Add three new directors to the Board; Replace six directors on the Board; and Add three directors and remove two directors from the Board. Ortelius has also suggested several permutations of those ideas at various times. Despite professing an interest in buying all of Trecora (or a substantial minority interest in Trecora) at different times over the last eighteen months, Ortelius has never submitted an indication of value and has, oddly, refused to even sign a standard non-disclosure agreement so that the Company could provide Ortelius with the information it would seemingly need to make such a proposal. Ortelius now publicly claims to have a 'plan to improve operating and financial performance.' However, if this plan does exist, Ortelius has yet to share it with Trecora's Board or management team despite having had ample opportunity to do so. Nevertheless, Trecora's Board and management team have continued to engage constructively with Ortelius in good faith. In the Fall, for example, the Board interviewed three Ortelius director candidates and offered to appoint one of them to the Board, without even requesting a typical standstill. Ortelius curiously rejected this offer. Last month, Ortelius surprised us again by indicating its intention to nominate six directors to our seven-person Board. Ortelius appears now to be seeking to do at the ballot box what it has been, so far, unable and unwilling to do with a checkbook: acquire control of the Company without competition from other parties. Earlier this month, in an effort to avoid a costly and disruptive proxy contest, two of the Company's independent directors further engaged with the principal of Ortelius in order to find an amicable resolution. During this conversation, Ortelius suggested another new proposal, asking to seat three of its director candidates and for the Board to waive certain protective provisions of Delaware law, which would enable Ortelius to buy the Company later without customary protections for other shareholders. Despite this new request that again appears to favor only Ortelius' interests, the Trecora Board has begun the process of interviewing two of the latest director candidates that Ortelius has recommended to the Board, in an attempt to find a resolution that is in the best interest of all shareholders. In short, Ortelius' assertion in its letter that the Board has 'refused to genuinely engage' is simply false. Trecora's Board and management team have had dozens of interactions with Ortelius and considered almost as many new and seemingly impulsive ideas from Ortelius. Most of these suggestions do not appear to be about creating value for all our shareholders but rather aimed at providing Ortelius a special, substantial economic interest in Trecora, or control of Trecora, without Ortelius providing a premium to other shareholders. The Trecora Board will carefully review and evaluate the Board candidates proposed by Ortelius and will present its recommendations regarding the director election in the Company's definitive proxy statement to be filed with the U.S. Securities and Exchange Commission. The Company has not yet announced the date of its 2022 Annual Meeting of Stockholders."
CELZ

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08:32 EDT Creative Medical Technology's StemSpine shows efficacy in pilot study - Creative Medical Technology announced positive two-year follow-up data for the company's StemSpine pilot study, showing "significant efficacy" of the StemSpine procedure for treating chronic lower back pain without any serious adverse effects reported. StemSpine is a patented procedure that utilizes a patient's own bone marrow aspirate for the treatment of chronic lower back pain. There were no safety related concerns at up to two years and the StemSpine procedure resulted in an efficacy rate of 87% in the treated patients. The company plans to submit a manuscript for publication in a peer reviewed journal and present the data at future orthopedic/sports medicine conferences.
AMCI

Hot Stocks

08:30 EDT LanzaTech enters partnership with SHV Energy - SHV Energy and LanzaTech announced a new strategic partnership to employ LanzaTech's Carbon Capture and Transformation technology to bring renewable propane and other sustainable fuels to the market via existing and novel pathways. The collaboration will be dedicated to further expanding LanzaTech's existing CCT technology and synthetic biology platform which transform waste carbon into sustainable fuels and other materials such as fabrics, packaging, and other products. "This partnership shows the diversity of applications for recycled carbon. SHV Energy is a leader in finding new ways to de-fossilize energy applications and we are proud to see our proven technology bring recycled carbon into yet another sector of the economy that currently depends on virgin fossil carbon," said Jennifer Holmgren, CEO of LanzaTech. "Together we are showing the world that an alternative to our heavy reliance on virgin fossil fuels used in the manufacturing of so many consumer products, from textiles, packaging and aviation fuel to renewable propane, currently exists. This alternative, circular carbon economy, based on the readily available carbon already above ground, is large enough to make a meaningful long-term impact on our society's climate goals today. Now more than ever, we must embrace waste-based solutions that enable global energy security." LanzaTech announced March 8, 2022 it plan s to go public through a business combination transaction with AMCI Acquisition Corp.
SOMC

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08:27 EDT Southern Michigan board increases quarterly dividend 1c to 13c per share - The Board of Directors of Southern Michigan Bancorp approved an increase to the quarterly cash dividend that will be paid in April 2022. The 13c per share dividend is an increase of 1c per share over the January 2022 cash dividend payment of 12c per share. The dividend is payable on April 22, 2022 to shareholders of record April 8, 2022. The annualized cash dividend of $0.52 per share represents a 2.48% dividend yield based on the current market price of $21.00 per share.
RANI

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08:25 EDT Rani Therapeutics announces initiation of Phase 1 study of RT-102 - Rani Therapeutics announced the initiation of a Phase 1 study of RT-102, an oral formulation of the human parathyroid hormone analog PTH for the treatment of osteoporosis, delivered via RaniPill capsule. Osteoporosis is a bone loss disease that affects approximately 10M Americans annually. "At Rani, our goal is to make oral biologics a reality. Today represents another step towards this goal with the progression of RT-102 into the clinic, an important milestone for Rani as we begin to evaluate PTH(1-34) delivered by the RaniPill capsule in human subjects," said Talat Imran, Chief Executive Officer of Rani Therapeutics. "Osteoporosis is a chronic and undertreated disease that often requires frequent and painful injections. We believe that RT-102 has the potential to advance treatment of osteoporosis and reach more patients by offering a convenient, oral option." The first subject has been administered RT-102 in the single-center, open label, Phase 1 study, which is being conducted in Australia. The study will evaluate the pharmacokinetics, safety, and tolerability of RT-102 administered in healthy adult women volunteers. RT-102 will be ingested orally, administering a single dose of parathyroid hormone.
BNGO

Hot Stocks

08:24 EDT Bionano Genomics announces participation at ACMG - Bionano Genomics announced that it is participating in-person at the American College of Medical Genetics and Genomics, ACMG, Annual Clinical Genetics Meeting. In addition to having six posters that present advances in clinical genetics research, Bionano will exhibit its complete portfolio of products and services as one company with more solutions. The main ACMG conference sessions take place from March 23-26, 2022, in Nashville, TN with a virtual attendance option. "Bionano has evolved significantly in the last two years and we are now one team with more solutions that can benefit genetic clinicians and researchers. We believe our solutions can promote discovery by enabling geneticists to see more important genetic variations, and our testing services can play a role in ending the diagnostic odyssey for patients with genetic disorders. We are eager to showcase the ways in which we can partner with geneticists in our continued mission to transform how the world sees the genome," said Erik Holmlin, PhD, President and CEO of Bionano Genomics.
HEOFF

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08:22 EDT H2O Innovation expands specialty chemicals manufacturing plant in UK - H2O Innovation announces that its specialty chemical business line is doubling the footprint at their Cheshire, UK facility to keep up with demand. The grand opening ceremony for this new reverse osmosis, RO, cleaner production plant took place on Tuesday, March 15, 2022. The whole project is a $1.7 M investment to extend the Corporation's specialty chemicals production facilities required in part due to significant growth in demand for Genesys-PWT powdered membrane cleaners. The UK facility doubled in size to 30,000 ft squared with capacity to produce 1,000 tons/year of powder cleaners. The expansion created two more local chemical operator jobs and a role for an additional research and quality control chemist. "This builds strategically on the momentum of combining the strengths of Genesys and PWT to execute on the promise of delivering the best products from the best location through our distribution network to customers around the world. We are expecting to see an acceleration in powdered cleaner sales due to their lower water footprint which reduces freight costs and associated CO2 emissions compared to equivalent liquid products. These powdered products are in line with our ESG initiatives, and we are seeing increased demand from many customers for products that reduce environmental impact," added Frederic Dugre, President and Chief Executive Officer of H2O Innovation.
STT

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08:22 EDT Charles River Development, Advisor360 degrees team on wealth management platform - Charles River Development, a State Street Company, together with Advisor360 degrees announced a strategic partnership to offer their wealth management platforms, deeply integrated and engineered to help increase productivity, streamline operations, and manage costs for enterprise wealth management firms. Mutual clients of Charles River and Advisor360 degrees will have access to innovative, cloud-based technology solutions that scale to support the different and varied user personas of any enterprise wealth management firm. The ability for mutual clients to leverage the capabilities of both firms helps create an innovative and differentiated wealth management solution for the industry. Advisor360's wealth management software includes an advisor portal with digital onboarding and insurance, client portal with digital engagement tools, and an enterprise workflow system with its Unified Data FabricTM to deeply integrate complex wealth data into a single household view across its platform. Charles River's end-to-end managed accounts platform includes robust SMA/UMA capabilities, a manager-sponsor communication platform, institutional-grade compliance and trading, and portfolio customization, with the ability to add outsourced middle-office services through State Street.
KPLT...

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08:20 EDT Katapult Adyen hires new VP of Strategic Partnerships, VP of Strategy - Katapult (KPLT) announced it has hired Jay Diamonon as Katapult's Vice President, VP, of Strategic Partnerships and Eric Harmon as Vice President of Strategy and Corporate Development. Diamonon will take the lead in securing and managing Katapult's current and future retail partners, while Harmon will take the lead in defining Katapult's strategic priorities and initiatives to accelerate the company's growth. Prior to joining Katapult, Diamonon led the US sales team for Adyen (ADYEY). Harmon most recently held a position as executive director of alternative data product at UBS (UBS).
POWW

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08:18 EDT AMMO announces delivery of donated ammunition to Ukraine - AMMO announced that it has confirmed the delivery of its 1 million rounds of donated ammunition to the Ukraine governmental authorities. Fred Wagenhals, AMMO Chairman & CEO, stated that "we are very happy to announce that we have delivered the donated ammunition, we have directed our people on the ground near the border conflict zone to deliver and hand-off of the 1 million rounds of ammunition AMMO donated to support Ukraine's valiant efforts to protect its citizens and sovereignty. Our international operations sales and management team members are continuing to work their contacts around the globe in government and private business as we explore other opportunities to engage with and support the Ukraine forces."
EVGO UBER

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08:18 EDT EVgo selected for awards for two CEC CARTS grants to support Uber deal - EVgo (EVGO) announced that the company was selected for proposed awards for two California Energy Commission, CEC, Charging Access for Reliable On-Demand Transportation Services, CARTS, grants to directly support its partnership with Uber (UBER). Using the proposed award funds of over $3.6M, EVgo will develop twin public fast charging hub sites featuring 72 charging stalls -- including 38 designated for public use -- within Los Angeles and the Bay Area. As part of this program, all four of the new charging sites will feature fast charging up to 350 kW, ultimately aiding EVgo and Uber in their shared mission to electrify the rideshare industry and provide enhanced access to public EV fast charging infrastructure in rideshare-dense regions within California and beyond.
MRNA

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08:18 EDT Moderna reports vaccine efficacy of 37.5% in 2 to under 6 years group in study - Moderna announced interim data from the Phase 2/3 KidCOVE study of the Moderna COVID-19 vaccine, mRNA-1273, in children 6 months to under 2 years and 2 years to under 6 years of age. This interim analysis "showed a robust neutralizing antibody response in both age groups after a 25 B5g two-dose primary series of mRNA-1273 along with a favorable safety profile," the company said. Based on these data, Moderna will submit a request for authorization of a 25 Nless thang two-dose primary series of mRNA-1273 for children 6 months to under 6 years of age to the U.S. Food and Drug Administration, European Medicines Agency and other global regulators in the coming weeks. The Omicron SARS-CoV-2 variant predominated in the U.S. during the KidCOVE study in these younger age groups. The secondary endpoint of vaccine efficacy confirms statistically significant, but lower efficacy against COVID-19 infection as expected during the Omicron wave and consistent with adult observational data. Using the Phase 3 COVE study COVID-19 definition, vaccine efficacy in children 6 months to 2 years was 43.7% and vaccine efficacy was 37.5% in the 2 to under 6 years age group. In this case, statistically significant is defined as a lower bound on the 95% confidence interval which is greater than 0. The majority of cases were mild, and no severe COVID-19 disease was observed in either age group. The absence of any severe disease, hospitalization or death in the study precludes the assessment of vaccine efficacy against these endpoints. Similar to adults, Moderna is preparing to evaluate the potential of a booster dose for all pediatric populations, including those age 6 months to under 6 years, 6 to under 12 years, and adolescents. "We believe these latest results from the KidCOVE study are good news for parents of children under 6 years of age. We now have clinical data on the performance of our vaccine from infants six months of age through older adults. Given the need for a vaccine against COVID-19 in infants and young children we are working with the U.S. FDA and regulators globally to submit these data as soon as possible. Additionally, after consultation with the U.S. FDA we have initiated a submission for emergency use authorization of our COVID-19 vaccine in children ages 6 to 11 years old and are updating our submission to the FDA for emergency use authorization of mRNA-1273 in adolescents ages 12 to 17 years with additional follow-up data. We remain committed to helping to end the COVID-19 pandemic with a vaccine for children of all age," said Stephane Bancel, Chief Executive Officer of Moderna.
BSGM

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08:18 EDT BioSig Technologies announces closing of public offering of common stock - BioSig Technologies announced the completion of its previously announced underwritten public offering of 2,611,739 shares of its common stock, $0.001 par value per share, at a price to the public of $1.15 per share. The proceeds to BioSig from this offering were $3M. The Company also issued a cash warrant at $1.40. Fully exercised the Company will receive another $3M of cash proceeds. BioSig intends to use the net proceeds from the offering for the continuation of full commercialization activities related to the PURE EP System.
AXTA ECVT

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08:16 EDT Axalta Coating appoints Evans as VP, Investor Relations - Axalta Coating Systems (AXTA) announced that Christopher Evans has joined Axalta as VP, Investor Relations, effective today. Evans will report to Axalta's SVP and Chief Financial Officer, Sean Lannon, and will serve as the primary liaison between Axalta, its shareholders, and the investment community. Most recently, Evans was leading the Investor Relations function for Ecovyst (ECVT). Evans replaces Christopher Mecray who left Axalta earlier this month to pursue a new career opportunity.
AYTU

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08:16 EDT Aytu BioScience announces newly issued patent from Cotempla XR-ODT - Aytu BioPharma announced that its newly issued U.S. patent No. 11,166,947 for Cotempla XR-ODT extended-release orally disintegrating tablet is now listed in the FDA publication, "Approved Drug Products with Therapeutic Equivalence Evaluations," commonly known as the "Orange Book." The Cotempla XR-ODT patent covers methods of use for the effective pediatric dosing of methylphenidate for the treatment of attention deficit hyperactivity disorder, or ADHD. Cotempla XR-ODT is an orally disintegrating tablet containing methylphenidate and is indicated for the treatment of ADHD in patients 6 to 17 years old. FDA approved the new drug application for Cotempla XR-ODT in June 2017. The United States Patent and Trademark Office, or USPTO-issued U.S. patent No. 11,166,947 entitled "Effective Dosing of a Child for the Treatment of ADHD with Methylphenidate" is now listed in the FDA's Orange Book and carries a patent term to at least 2038. The listing of this patent extends the Orange Book patent exclusivity for Cotempla XR-ODT by over five years.
SYN

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08:15 EDT Synthetic Biologics announces management transitions - Synthetic Biologics announced that Frank Tufaro, Ph.D., will transition from Chief Operating Officer of recently acquired VCN Biosciences, VCN, to Chief Operating Officer of Synthetic Biologics. Dr. Tufaro will be responsible for leading strategic operations and optimizing organizational functions. As part of this acquisition, Manel Cascall, Ph.D., former CEO of VCN, was appointed as General Director of Synthetic Biologic's European Subsidiary.
CRNC

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08:13 EDT Cerence, PATEO selected by Hongqi Auto to provide in-vehicle assistant tech - Cerence announced that Hongqi Auto, the luxury automotive marque of China's FAW Group, has selected Cerence and PATEO CONNECT+ to provide connected and intelligent in-vehicle assistant technology as the automaker expands to international markets with its new E-HS9. The in-car assistant in the new Hongqi E-HS9 provides drivers with enhanced safety, comfort, and productivity while on the road. "Hongqi Auto is a prestigious brand that symbolizes the best in comfort and innovation, and its drivers expect the in-car assistant to be on par with the rest of the driving experience," said Stefan Ortmanns, CEO, Cerence. "We are proud to continue our fruitful partnership with PATEO to bring innovative, intelligent automotive technologies to this leading automaker as they bring their high-end lineup to new global markets, driving continued loyalty to the brand."
INFN

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08:11 EDT Infinera announces GBI deployed ICE technology - Infinera announced Gulf Bridge International, GBI, a global cloud, connectivity, and content enabler, deployed Infinera's Infinite Capacity Engine, ICE, technology to increase capacity on GBI's Smart Network. "This has enabled GBI to launch new initiatives like its Capacity Protection Program and prepare for major events like the World Cup scheduled to take place in Qatar later this year," the company said.
SKLZ

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08:11 EDT Skillz announces multiyear partnership with UFC - Skillz announced a multi-year partnership with the UFC mixed martial arts organization. The licensing deal, which will enable Skillz' developers to create UFC-branded competitive mobile games that are co-marketed by UFC and Skillz, was revealed at the Game Developers Conference in San Francisco. Skillz is currently exhibiting March 23-25. "Skillz' partnership with UFC is part of our winning strategy that aligns Skillz' disruptive competitive mobile games platform with the business of sport. We're delivering an enticing opportunity for developers to create the most innovative, branded mobile games for UFC's millions of loyal fans worldwide," said Andrew Paradise, CEO of Skillz. "The popularity of the UFC brand, which represents one of the fastest- rising sports globally, combined with Skillz' mobile gaming expertise, is a huge win for developers seeking to monetize and grow their games through the power of competition. We look forward to nurturing this incredible collaboration to life in the coming months and years." The deal allows selected game creators from Skillz developer community to utilize certain UFC and UFC athlete intellectual property for mobile game creation and marketing. The new UFC-branded mobile games are slated to launch in 2023.
MRNA

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08:10 EDT Moderna reports 'positive' data from Phase 2/3 KidCOVE study of COVID-19 vaccine - Moderna announced positive interim data from the Phase 2/3 KidCOVE study of the Moderna COVID-19 vaccine, mRNA-1273, in children 6 months to under 2 years and 2 years to under 6 years of age. This interim analysis showed a robust neutralizing antibody response in both age groups after a 25 microgram two-dose primary series of mRNA-1273 along with a favorable safety profile. Based on these data, Moderna will submit a request for authorization of a 25 undefined two-dose primary series of mRNA-1273 for children 6 months to under 6 years of age to the U.S. FDA, European Medicines Agency and other global regulators in the coming weeks.
ALTG NKLA

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08:08 EDT Alta Equipment Group awarded Arizona sales, service territory for Nikola - Alta Equipment Group (ALTG) announced that it has been awarded the Arizona sales and service territory for Nikola Corporation (NKLA). This agreement further expands Alta's dealer territory with Nikola beyond the New York, New Jersey, eastern Pennsylvania and New England markets, as announced in August of 2021, and will replace Empire Transport in Arizona.
NVOS

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08:08 EDT Novo Integrated Sciences buys Clinical Consultants International, all cash - Novo Integrated Sciences to acquire Clinical Consultants International in an all-stock transaction . The transaction is expected to close no later than April 15.
ZIM

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08:08 EDT ZIM Integrated updates on withholding tax procedures on April cash dividend - ZIM Integrated secured an extension of its previously obtained tax ruling from the Israeli Tax Authority with respect to the tax withholding procedures relating to the payment of dividend to its shareholders. The Ruling will apply to the dividend distribution expected to take place on April 4 and to any future dividend distributions to be made by the company on or before December 31, if declared by the company. As a result of the Ruling, certain Shareholders may be eligible to a reduced Israeli withholding tax rate with respect to their share of this Dividend distribution, in comparison to the generally applicable withholding tax rate, under certain terms and conditions as set forth below. Shareholders are advised to consult their own tax and financial advisors concerning the tax consequences of each particular situation, as well as any tax consequences that may arise under the laws of any state, local, foreign or other taxing jurisdiction.
NVCR

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08:06 EDT Novocure receives DMC recommendation for INNOVATE-3 study to continue - Novocure announced the results of a pre-specified interim analysis for the phase 3 pivotal INNOVATE-3 study evaluating the safety and efficacy of Tumor Treating Fields, or TTFields, together with paclitaxel for the treatment of patients with platinum-resistant ovarian cancer. An independent data monitoring committee, or DMC, reviewed the safety data for all platinum-resistant ovarian cancer patients enrolled on the trial. In addition, an analysis of overall survival was performed on the first 540 patients randomized. The interim analysis did not indicate a need to increase the sample size and the DMC recommended that the study should continue to final analysis as planned.
WAB NSC

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08:06 EDT Wabtec announces multi-year modernization order from Norfolk Southern - Wabtec (WAB) announced an additional multi-year order from Norfolk Southern (NSC) to modernize 330 locomotives as part of its continued partnership. This deal is part of Norfolk Southern's ongoing efforts to further improve fuel efficiency and reduce emissions from its fleet. With each modernized locomotive, Norfolk Southern's carbon emissions are reduced by more than 500 tons per year. The deal marks the third major modernization order from the railroad since 2015, making it the largest modernized fleet in North America, with more than 950 locomotives upon completion in 2025. "Modernizing locomotives in our fleet will improve operational performance and reliability," said Tom Schnautz, Vice President Advanced Train Control for Norfolk Southern. "Importantly, it will also help us achieve our science-based target of a 42% reduction in emissions intensity by 2034. Wabtec's proven modernization program allows us to maximize the value of our locomotives, minimize the use of new materials, and reduce the environmental impact of our operations." Wabtec will modernize D9-44CW locomotives that are more than 20 years old and transform them into AC44C6Ms, which will add another 20 years of incremental life to each locomotive. The modernized locomotives will feature the FDL Advantage engine upgrade and a suite of digital solutions including Trip Optimizer, SmartHPT, and Distributed Power. The modernizations will yield significant dividends per locomotive, including fuel efficiency improved by as much as 25%; a more than 40% increase in reliability; haulage ability increased by up to 55%; and a reduction of maintenance, repair, and overhaul expenses by 20%.
WWE

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08:04 EDT WWE, MBC Group announce broadcast partnership - WWE and MBC Group announced a broadcast partnership that will see MBC's video on demand, or VOD, streaming service, Shahid, become the new home of WWE in the Kingdom of Saudi Arabia and the rest of the MENA region. The partnership includes all WWE premium live events, kicking off with WrestleMania 38 on April 3 and April 4, live episodes of Raw and SmackDown, as well as WWE Network's vast library of original programming and archived content. Additionally, MBC Action, a free-to-air television channel by MBC Group, will broadcast one-hour highlight versions of Raw and SmackDown each week, in addition to WWE magazine shows Afterburn and Main Event. Beginning March 26, Shahid will air SmackDown live on Saturdays at 4am KSA in Arabic, with a one-hour version of SmackDown then airing the same-day with Arabic subtitles on MBC Action at 9PM KSA. Beginning Tuesday, March 29, Shahid will air Raw live on Tuesdays at 4am KSA in Arabic, with a one-hour version of Raw then airing the same-day with Arabic subtitles on MBC Action at 9PM KSA. The weekly programming will be broadcast 52 weeks a year.
GIS

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08:03 EDT General Mills CEO: Operating environment 'remains as volatile as ever' - Chairman and CEO Jeff Harmening said input cost inflation is at historic levels with increasing variability, and disruptions continue to impact the company's supply chain. The company saw a faster than expected rebound in service in the final weeks of the quarter, Harmening said. Comments taken from Q3 earnings conference call prepared remarks.
ABCB

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08:02 EDT Ameris Bancorp reducing overdraft fees effective May 31 - Ameris Bank announced the reduction or elimination of some overdraft fees for consumer accounts, effective May 31. Ameris will eliminate non-sufficient funds/return item fees that are traditionally incurred for checks or payments that cannot be processed due to lack of funds. Ameris will also eliminate extended overdraft fees for maintaining a negative balance. Additionally, customers will be able to use savings or other deposit accounts as overdraft protection for checking accounts without transfer charges. For overdraft situations not covered by these changes, a $35 overdraft fee will apply; however, the maximum number of overdraft fees a consumer can be charged in one day will be reduced from five to three.
GIS

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08:01 EDT General Mills sees Q4 input cost inflation up double digits - Sees FY22 input cost inflation up 8%-9%. Sees organic price/mix stepping up from Q3 to Q4 and expects the operating environment to remain challenging in Q4. Comments taken from Q3 earnings conference call presentation slides.
DAVA

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07:57 EDT Endava establishes operations in Canada - Endava announced the establishment of its first operations in Canada. Initial employees will be based in Toronto and will provide the foundation for Endava's first Canadian close-to-client delivery unit, as well as the company's first Physical Computer Center of Excellence.
ADC

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07:56 EDT Agree Realty CEO buys $112K in common stock - In a regulatory filing, Agree Realty disclosed that its CEO Joey Agree bought 1.7K shares of common stock March 22 in a total transaction size of $112K.
AAPL

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07:55 EDT Apple acquires U.K. financial health startup Credit Kudos - Apple has acquired a financial health startup called Credit Kudos. A terms of use page on Credit Kudos' website, which was updated on March 21, notes that the company is a subsidiary of Apple and its policy link now redirects to Apple's website. Reference Link
HYZN

Hot Stocks

07:47 EDT Hyzon Motors expects to deliver 300-400 vehicles in 2022 - Hyzon Motors expects to deliver 300-400 vehicles with deliveries heavily weighted towards the back half of the year as the industry navigates supply chain challenges and global uncertainties. Expects to commence assembling vehicles using our flagship, made in the USA, high power-density fuel cells during the second half of 2022. In North America, expects to have 10-15 Hyzon fuel cell demonstration trucks deployed to multiple trial customers by year end. In Europe, Australia, and China, expect to ramp up deliveries and streamline assembly processes to meet increasing demand. Anticipates a Hyzon / Raven gas-to-hydrogen hub and waste-to-hydrogen hub online by year end.
EBIX

Hot Stocks

07:44 EDT Ebix partners with Axis Securities to provide trading services to customers - Ebix's subsidiary EbixCash Limited, a technology enabled provider of digital products and services in the B2C, B2B and financial technology arena, announced a strategic agreement with Axis Securities, a wholly-owned subsidiary of Axis Bank, to provide end-to-end trading services to customers of EbixCash. The association offers a 3-in-1 account to the customers of EbixCash, allowing them to integrate savings, demat and trading accounts. With this partnership, EbixCash customers now have access to the online platform of Axis Securities.
VECT

Hot Stocks

07:42 EDT Vectivbio presents preclinical data on apraglutide - VectivBio announced new preclinical data supporting the potential of apraglutide as a novel treatment of steroid-refractory GI aGVHD following allogeneic hemopoietic stem cell transplant, HSCT. The data were presented across four posters at the 48th Annual Meeting of the European Society for Blood and Marrow Transplantation, EBMT, taking place virtually March 19-23, 2022. Details of the e-poster presentations are as follows: Title: "Apraglutide Decreases Severity of Intestinal Damage from Gastrointestinal Acute Graft Versus Host Disease Following Allogeneic Transplantation Without Impacting Engraftment." Treatment with apraglutide prior to and following allogeneic transplantation in immunodeficient mice was observed to have a protective effect against the GI damage from conditioning chemotherapy. Notably, apraglutide did not appear to affect engraftment rate, and was observed to reduce GI damage and improve mortality rates in allogeneic-transplant-induced GvHD. Title: "Apraglutide Treatment Reduces Chemotherapy-Induced Gastrointestinal Damage in Mice and Preserves Cellular Integrity During Chemotherapy." Data showed that apraglutide protected GI epithelium structure from chemotherapy-induced injury, prevented severe body weight loss, and improved survival rates in mice undergoing chemotherapy. Additionally, apraglutide maintained plasma citrulline levels, a marker of intestinal mass, comparable to that in mice that did not undergo chemotherapy. The effects of apraglutide were optimal when it was administered as pre-treatment before chemotherapy. Title: "Treatment with Apraglutide Preserves the Global Homeostatic Environment of Intestinal Microbiota During Chemotherapy in Mice." In mouse models of aGVHD, the co-administration of apraglutide with conditioning chemotherapy avoided damage to the gut common from chemotherapy alone. Results showed the preservation of intestinal microbiome homeostasis, and improved outcomes including reduced body weight loss and increased survival rates. Title: "Apraglutide Does Not Impact Anti-tumor and Immunosuppressive Efficacy of Conditioning Chemotherapy in Mice." The administration of apraglutide as a pre- and concomitant treatment in mouse models of aGVHD did not impair the anti-tumor and immunosuppressive effects of chemotherapy. The pharmacologic effects of apraglutide were observed to be specific to the intestine.
XL

Hot Stocks

07:40 EDT XL Fleet says Hynes no longer President, appointed Chair of its Board Advisors - XL Fleet that Tod Hynes has been appointed Chair of its Board of Advisors, and has stepped down as President of XL Fleet and member of its Board of Directors to work with additional organizations reducing fossil fuel consumption and combating climate change, effective March 21 . "We appreciate Tod's commitment and many contributions to XL Fleet over the years," said Eric Tech, CEO of XL Fleet. "XL Fleet's platform is built on Tod's sustainability-focused mission founded over 13 years ago. We look forward to building upon the vision he established as we pursue new opportunities to address the growing and evolving demand for decarbonization. On behalf of the Board and management, we wish Tod continued success in his future endeavors and look forward to his contribution to the Board of Advisors." "It has been a pleasure and an honor to build XL Fleet from its foundation, as a fleet electrification pioneer," said Tod Hynes. "I look forward to seeing XL Fleet continue to innovate and deliver value to its stakeholders under this experienced leadership team." Tod Hynes has been appointed Chair of its Board of Advisors, and has stepped down as President
WOR

Hot Stocks

07:39 EDT Worthington announces plans to set GHG emission reduction targets - Worthington Industries announced plans to set greenhouse gas, GHG, emissions reduction targets that are aligned with a 1.5 degree Celsius science-based target, setting a pathway to net-zero emissions by 2050. The Company will apply to the Science Based Targets initiative, SBTi, to attain formal verification later this year. Worthington also announced that the Company will strategically focus on products and services that support reductions in GHG emissions including its automotive lightweighting technologies, electrical steel laminations for electric vehicles, transformers and wind turbines, gas containment systems for the growing hydrogen ecosystem and connected products that support reduced fuel consumption. "Worthington's pledge to set emissions reduction targets aligned with a 1.5 degree Celsius science-based target clearly demonstrates our commitment to sustainability," said Worthington Industries President & CEO Andy Rose. "With Scope 3 emissions as our greatest environmental impact, we understand that it will take all of us working together to achieve our goals and enable a sustainable future for all." Rose added, "Worthington today has many products and solutions that enable emissions reductions, and we intend to increase our focus on these products to capitalize on the growth opportunity in those businesses."
FCN

Hot Stocks

07:38 EDT FTI Consulting elects Jones, Robinson to board of directors - FTI Consulting announced that its Board of Directors elected Nicole Jones and Stephen Robinson as directors of the Company, effective March 22, 2022. Jones and Robinson join the Board as independent directors, following the action of the Board to increase its overall size to 10 directors from eight directors.
NSRGY

Hot Stocks

07:38 EDT Nestle says focus in Russia to be on providing essential food, not on profit - Nestle issued the following update on Russia and Ukraine: "As the war rages in Ukraine, our activities in Russia will focus on providing essential food, such as infant food and medical/hospital nutrition - not on making a profit. This approach is in line with our purpose and values. It upholds the principle of ensuring the basic right to food. Going forward, we are suspending renowned Nestle brands such as KitKat and Nesquik, among others. We have already halted non-essential imports and exports into and out of Russia, stopped all advertising, and suspended all capital investment in the country. Of course, we are fully complying with all international sanctions on Russia. While we do not expect to make a profit in the country or pay any related taxes for the foreseeable future in Russia, any profit will be donated to humanitarian relief organizations. This is in addition to the hundreds of tons of food supplies and significant financial assistance that we have already contributed to support the people in Ukraine and refugees in neighboring countries. And these efforts will continue. We stand with the people of Ukraine and our 5,800 employees there." Reference Link
PSTI

Hot Stocks

07:38 EDT Pluristem announces PLX-R18 hematology Phase 1 study results - Pluristem Therapeutics announced positive final results from its innovative hematology Phase I study to evaluate the safety and exploratory efficacy of intramuscular injections of PLX-R18 in subjects with incomplete hematopoietic recovery following HCT. Data collated 12 months post-treatment with PLX-R18 demonstrate that: PLX-R18 was well-tolerated with a favorable safety profile; Patients treated with PLX-R18 showed an increase in all three blood cell types compared to baseline with platelets, hemoglobin and neutrophils levels increasing as early as 1 month following PLX-R18 administration and enduring up to 12 months following treatment; Following PLX-R18 treatment, the number of transfused units decreased from a mean monthly number of 5.09 for platelets and 2.91 for red blood cells at baseline to 0.55 for platelets and 0 for red blood cells at 12 months; The observed annual mortality rate following PLX-R18 administration was 18% compared to 29% in a cohort of allogeneic HCT recipients with incomplete hematopoietic recovery, obtained from the Center for International Blood and Marrow Transplant Research registry, representing a similar patient population. "PLX-R18 aims to improve the standard of care by stimulating the regenerative potential of the bone marrow, and we are gratified by results that I believe show we are on track to do so," said Pluristem Chief Executive Officer and President Yaky Yanay. "A quick and effective way to improve the hematological profile of sick patients-resulting in faster recovery and decreased transfusions-would be a game-changer for the field, and we will continue to explore its clinical applications. The FDA's recognition of PLX-R18's potential to treat ARS is also significant. This treatment potentially carries great significance for current events in Ukraine and Europe, providing hope for treatment in the case of a nuclear event. We are proud of this product line, which might hold the key to promoting wellbeing, improving the standard of care, and possibly saving lives."
ADS

Hot Stocks

07:35 EDT Alliance Data to move forward as Bread Financial - Alliance Data announced it will now be known as Bread Financial, a tech-forward financial services company. The company's prior market-facing brands are now unified under the singular Bread Financial brand. The company's common stock will begin trading under a new ticker symbol (BFH) on the New York Stock Exchange on April 4. Bread Financial's two bank subsidiaries, Comenity Bank and Comenity Capital Bank, will retain their current names.
PRKR QCOM

Hot Stocks

07:33 EDT ParkerVision announces district court ruling in favor of Qualcomm - ParkerVision (PRKR) announced that the U.S. District Court in the Middle District of Florida ruled in Qualcomm's (QCOM) favor on a motion styled as Qualcomm's motion for "non-infringement and invalidity" in ParkerVision v. Qualcomm. The court's order, which is sealed "for attorney's eyes only," determines that Qualcomm does not infringe the asserted claims of the remaining three patents-in-suit. It makes no findings as to the invalidity of any of the asserted claims of the remaining three patents-in-suit. This is a final order, meaning the next step is an appeal. ParkerVision intends to appeal this ruling, along with this same court's March 9 ruling excluding opinions of the company's experts regarding infringement and validity issues.
PSN

Hot Stocks

07:32 EDT Parsons to support NSA three-day cyber competition - Parsons will provide support to the National Security Agency's, NSA, three-day cyber competition - NSA Cyber Exercise, NCX - designed to enhance the full-spectrum cyber operational capabilities of U.S. Service Academies, senior military colleges, and current employees in NSA development programs. Parsons will plan, develop, implement, score, and facilitate five unclassified modules - cryptography, malware, software development, cyber policy, and cyber combat.
IMTX

Hot Stocks

07:30 EDT Immatics sees cash runway into 2024 - Cash and cash equivalents as well as other financial assets total EUR 145.1M , $164.3M, as of December 31, 2021 compared to EUR 232.0M, $262.7M, as of December 31, 2020. The decrease is mainly the result of financing of our ongoing research and development activities. This does not include $150M cash received in February 2022 from the collaboration agreement signed with Bristol Myers Squibb in December 2021. Adding this upfront payment, the Company projects a cash runway into 2024.
JYNT

Hot Stocks

07:30 EDT Joint Corp. acquires regional developer territory of Northern New Jersey - The Joint Corp. acquired the regional developer territory of Northern New Jersey, representing four franchised clinics and the opportunity for additional corporate clinics, for $250,000 on March 17, 2022. "Focused on increasing our corporate clinic presence in the Northeast, The Joint acquired the regional developer territory in Northern New Jersey," said Peter D. Holt, President and Chief Executive Officer of The Joint Corp. "This purchase expands our platform to accelerate growth as we execute our long-standing strategy to open greenfield clinics within clusters. We continue to broaden brand recognition and drive toward our goal of 1,000 clinics opened by the end of 2023 and even more in the long term."
ASTE

Hot Stocks

07:29 EDT Astec announces acquisition of MINDS Automation Group - Astec Industries announces entering into a definitive agreement to acquire MINDS Automation Group. MINDS, headquartered in British Columbia, Canada, has locations in the U.S., United Kingdom, France, and Belgium. The company develops plant automation control systems for drum, batch, combo/hybrid hot mix plants, emulsion plants, liquid terminals, silo load-out, ticketing and data management for the asphalt industry. "MINDS technology complements our existing offerings for asphalt production joining Astec Controls and Grathwol Automation as we build out a digital platform across our Rock to Road value chain of products," said Barry Ruffalo, President and CEO Astec Industries. "Our combined business will provide the knowledge and resources to further invest in industry leading innovations that drive value for customers." MINDS CEO Pierre Vidaillac and the leadership team will stay with Astec to support the advancement of our automation and controls technology and our overall Rock to Road digital platform.
MRK

Hot Stocks

07:29 EDT Merck Research Laboratories CMO Roy Baynes to retire, Eliav Barr to succeed - Merck announced that Roy Baynes, head of global clinical development and CMO, Merck Research Laboratories, will be retiring from Merck in July. Baynes will be succeeded by Eliav Barr, effective April 1. Baynes will continue to report to Dean Li, president, Merck Research Laboratories, until his retirement.
RZLT

Hot Stocks

07:22 EDT Rezolute announces results from Phase 2b RIZE study of RZ358 - Rezolute announced positive data from its Phase 2b RIZE study of RZ358. The data demonstrated the safety and tolerability of RZ358 in patients with congenital hyperinsulinism, as well as highly significant improvements in hypoglycemia. The RIZE study results will be presented in an oral presentation at an upcoming medical congress in 2Q 2022, followed by a conference call hosted by the Company to discuss the data. "We are very encouraged by the results and are looking forward to moving the program into Phase 3," said Nevan Charles Elam, CEO and Founder of Rezolute. Elam continued, "We are very grateful to the patients, their families, patient advocacy organizations, and the investigators who participated in this study. I also appreciate the tremendous dedication of the Rezolute team, who are mission driven to develop an innovative treatment option for this debilitating condition."
OBNNF

Hot Stocks

07:22 EDT Osisko provides new results on Windfall gold project - Osisko Mining provides new analytical results from the ongoing drill program at its 100% owned Windfall gold project located in the Abitibi greenstone belt, Urban Township, Eeyou Istchee James Bay, Quebec. Expansion drilling in the Lynx 4 area has defined a new sub-vertical zone located 80 metres south-west of wireframe LX4-3449 and 150 metres under wireframe LX4-3451. The new mineralization is currently defined by 18 intercepts over an area measuring 200 metres x 300 metres. High-grade mineralization typical of the Lynx area defines the new zone with disseminated pyrite associated with strong pervasive silica alteration hosted in a sericitized rhyolite. This new zone is located outside the January 2022 mineral resource estimate. Osisko Chief Executive Officer John Burzynski commented: "The expansion program at Windfall continues to pay dividends as illustrated by today's announcement of a new zone outside our current resources. These results confirm how prolific the Lynx area is with respect to resource growth. We will continue to selectively target open areas where previous holes highlight strong potential for additional ounces."
AIR

Hot Stocks

07:22 EDT AAR Corp. CEO sees 'modest' sequential sales growth in Q4 - CEO John Holmes stated in the company's Q3 earnings call last night: "With respect to commercial demand our largest North American and European commercial customers remain optimistic about the recovery of demand in the business and leisure travel market and we saw this translate into accelerating parts volume throughout the quarter. This increasing demand is encouraging. And as a result, we expect to see continued recovery in our parts activities over the next several quarters. In the immediate term, we expect modest sales growth sequentially in Q4 and a more meaningful inflection in our FY 2023. Having said that, we recognize that we remain in a dynamic environment and new developments with respect to COVID may continue to impact this trajectory."
BGRY

Hot Stocks

07:20 EDT Berkshire Grey introduces robotic system for autonomous ecommerce autobagging - Berkshire Grey introduced its new Robotic Pick and Pack with Identification system, which now includes advanced auto-identification and item manipulation technology, for touchless eCommerce autobagging. Using Berkshire Grey's advanced AI-enabled robotic technology, this system combines automated picking with intelligent placement for packing eCommerce items directly into autobagging equipment. "Berkshire Grey's Robotic Pick and Pack with Identification system for autobagging is the newest addition to our innovative portfolio of eCommerce solutions," said Kishore Boyalakuntla, VP of Product at Berkshire Grey. "This system helps retailers increase their fulfillment throughput capacity while using sustainable autobagging approaches. With BG RPPi for eCommerce Autobagging, we can now help retailers enable a touchless pick-to-ship fulfillment operation that is fully autonomous, thereby reducing labor dependency and increasing overall productivity."
LBPS MRK

Hot Stocks

07:20 EDT 4D pharma announces results of MRx0518/ Keytruda study for RCC treatment - 4D pharma (LBPS) announces that in Part B of its signal finding study of MRx0518 in combination with MSD's anti-PD-1 therapy, KEYTRUDA in patients with solid tumors that have progressed on a prior immune checkpoint inhibitor (ICI), the renal cell carcinoma group has met its primary efficacy endpoint ahead of enrollment completion. The ongoing study is being conducted in heavily pre-treated metastatic patients with solid tumors who have previously experienced clinical benefit on prior ICI therapy and subsequently developed progressive disease. The study is being conducted in collaboration with MSD (MRK). The primary efficacy endpoint for Part B of the study is more than three out of 30 patients per tumor group achieving clinical benefit, defined as complete response, partial response, or stable disease for at least six months. Part B of the study has to date enrolled 20 patients with RCC, of which four out of the first 16 evaluable patients have achieved clinical benefit, each having achieved at least 6 months of stable disease. To date, Part B of the study has enrolled 47 patients of up to a total of 120 patients with RCC, non-small cell lung cancer, bladder cancer, and head and neck squamous cell carcinoma. MRx0518 continues to be safe and well tolerated.
CDNA

Hot Stocks

07:18 EDT CareDx announces XenoSure, XenoMap - CareD announced the availability of XenoSure donor-derived cell-free DNA and XenoMap gene-expression profiling for investigational use in xenotransplantation research and post-xenotransplant clinical monitoring. "The rate of innovation in xenotransplantation is accelerating, and CareDx is proud to be the diagnostic leader by introducing XenoSure and XenoMap as the first molecular surveillance testing services for research use in these medical breakthroughs," said Reg Seeto, CEO and President of CareDx. "XenoSure and XenoMap are now available for use in the clinical research setting to help monitor post-transplant organ health and generate insights to better understand how we can improve long-term outcomes."
XRTX

Hot Stocks

07:17 EDT Xortx files PCT patent to treat individuals at risk to severe viral infection - XORTX Therapeutics announces the submission of a Patent Cooperation Treaty, PCT, patent application seeking international patent protection for the patent entitled "Compositions and Methods for Enhancing Anti-Viral Therapies". This patent is based on retrospective clinical data from XORTX scientific partners suggesting that an important therapeutic opportunity lies with addressing aberrant purine metabolism combined with hyperuricemia in patients most at risk to severe COVID-19 outcome. This new patent filing proposes compositions of xanthine oxidase inhibitors, uric acid lowering agents and/or anti-viral agents alone or in combination, and methods for enhancing anti-viral therapies for the treatment of individuals most at risk.
FLGC

Hot Stocks

07:16 EDT Flora Growth to expand presence in Europe with Greenyard, JustCBD pact - Flora Growth hat its brand JustCBD has partnered with German company Greenyard to open brick-and-mortar stores throughout Germany and the Czech Republic. In addition to the opening of brick-and-mortar stores, JustCBD products will be distributed by Greenyard throughout Germany, the Czech Republic, Poland, Austria, Switzerland, Ukraine, Georgia and Estonia. A total of four stores in Germany and the Czech Republic are under construction and are anticipated to open by the end of Q2, with up to 50 additional stores opening in 2023. The stores will carry JustCBD's complete product line, including gummies, tinctures, vape cartridges, creams, pet wellness, and more.
PHRRF

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07:15 EDT PharmaTher announces results from clinical study of ketamine for Parkinson's - PharmaTher Holdings announces positive topline results from the dose-finding and tolerability clinical study of ketamine for the treatment of levodopa-induced dyskinesia, LID, in patients with Parkinson's disease. The Study results are adequate to give an effect size in powering a Phase 3 clinical study, which is expected to bridge the design with increased treatment duration relative to the Company's Phase 2 clinical study. The Study evaluated the safety, tolerability and efficacy of low-dose ketamine infusion for the treatment of LID in patients with Parkinson's disease. Efficacy data from the Study demonstrated that 100% of patients treated with ketamine demonstrated a reduction in dyskinesias as measured by the Unified Dyskinesia Rating Scale during the Study period compared to the pre-treatment baseline. Safety data from the Study demonstrated that ketamine was well tolerated with no serious adverse events reported. All adverse events were mild or moderate and reflected the expected side-effects of ketamine administration. Full results of the Study are expected to be submitted for presentation at a medical congress by June 2022. Based on the Study results, the Company is preparing to engage the FDA to establish the next steps for a planned Phase 3 clinical study to allow for ketamine's approval for Parkinson's disease under the 505(b)(2) regulatory pathway. The Company plans to use its proprietary ketamine intravenous product, KETARX, for the planned Phase 3 clinical study.
MOGO...

Hot Stocks

07:14 EDT Mogo Enthusiast forms Mogo Ventures to manage existing investments - Mogo (MOGO) announced the formation of Mogo Ventures to manage its existing investments in strategic partners and companies that support Mogo's ecosystem, including: a 39% stake in Coinsquare; investments in crypto and Web3 platforms including Gemini, NFT Trader and Tetra Trust; investments in gaming companies including Enthusiast Gaming (EGLX) and Eleven Gaming and investments in Bitcoin and Ether. Mogo Ventures will also manage the company's portfolio of legacy investments, including its investments in Hootsuite, Blue Ant Media and Alida, with a focus on monetizing these investments.
RNER HUBC

Hot Stocks

07:12 EDT HUB Security to become publicly traded through Mount Rainier Acquisition deal - HUB Cyber Security, a Tel-Aviv based developer of Confidential Computing cybersecurity solutions and services, and Mount Rainier Acquisition Corp., a U.S. publicly traded special purpose acquisition company, announced that they have entered into a definitive business combination agreement. Upon closing of the proposed transaction, the combined company will operate under the "HUB Security" name and is expected to be listed on Nasdaq under the new ticker symbol "HUBC." HUB's Founder, CEO, Eyal Moshe and the current management team will continue to lead the Combined Company. The Combined Company will have an estimated pro forma enterprise valuation of approximately $1.28 billion. Cash proceeds from the proposed transaction are expected to consist of up to approximately $176 million of cash held in RNER's trust and approximately $50 million attributed to the PIPE investment anchored by Israeli and American institutional and existing investors. Proceeds from the PIPE are expected to satisfy the minimum cash closing condition and will be used as working capital to support continued growth and to fund acquisitions. HUB shareholders will retain 100% of their existing equity holdings and are expected to own approximately 81% of the Combined Company on a non-fully diluted basis immediately following the closing of the proposed transaction, assuming no redemptions by RNER's public stockholders. Founder & CEO Eyal Moshe will continue to own approximately 6% of the combined company on a pro forma basis, assuming no redemptions by RNER's public stockholders. The board of directors of each of RNER and HUB approved the proposed transaction. The proposed transaction will require the approval of the stockholders of RNER and HUB, the effectiveness of a registration statement to be filed with the Securities and Exchange Commission (the "SEC") in connection with the proposed transaction, and the satisfaction of other customary closing conditions. The proposed transaction is expected to close in the third quarter of 2022.
RNER

Hot Stocks

07:10 EDT HUB Security to become publicly traded through Mount Rainier Acquisition deal
SLN

Hot Stocks

07:10 EDT Silence Therapeutics files clinical trial application for SLN501 - Silence Therapeutic and Mallinckrodt announced filing of a clinical trial application for SLN501, an siRNA targeting the complement C3 protein, triggering a $3 million milestone payment to Silence.
PVH DG

Hot Stocks

07:07 EDT PVH Corp. adds Michael Calbert to board - PVH Corp. (PVH) announced that Michael Calbert, Chairman of the Board of Dollar General (DG), will join its Board of Directors, effective May 2. The company also announced that Henry Nasella, its non-executive Chair, will not stand for re-election at its June 16 annual meeting of stockholders. Both changes are part of the Board's previously disclosed refreshment process. Nasella has served on the Board for 19 years, including as presiding director since 2007 and Chair since 2021 when it first became an independent, non-executive role. Calbert is expected to succeed Nasella as Chair if Calbert is re-elected at the annual meeting. Calbert has served as Chairman of Dollar General since 2016 and formerly was a member of the private equity firm KKR & Co., where he led the Retail industry team from January 2000 until his retirement in 2014.
GME

Hot Stocks

06:57 EDT GameStop Chairman Cohen: 'I put my money where my mouth is' - GameStop Chairman Ryan Cohen said via Twitter on Tuesday night: "I put my money where my mouth is." Cohen's RC Ventures bought 100,000 shares of the video game retailer on Tuesday, according to a regulatory filing. Reference Link
GME

Hot Stocks

06:56 EDT GameStop Chairman Ryan Cohen buys 100,000 shares - In a regulatory filing, GameStop said Chairman Ryan Cohen bought 100,000 shares of the video game retailer on Tuesday. Cohen's RC Ventures paid between $96.81 an $108.82 for the GameStop shares, according to the filing.
LNN

Hot Stocks

06:47 EDT Lindsay invests in, partners with Blyncsy - Lindsay announced a strategic partnership with and minority investment in Blyncsy. The partnership will integrate Blyncsy's Payver technology into Lindsay's RoadConnect remote roadside asset management platform, furthering the companies' shared vision of delivering technology solutions for government agencies and their contractors to enable smarter, safer and more efficient roadways.
PFE

Hot Stocks

06:46 EDT Pfizer reports 'positive' results from Phase 3 trial of etrasimod - Pfizer announced positive topline results from a Phase 3 study of etrasimod, an investigational, oral, once-a-day, selective sphingosine 1-phosphate receptor modulator in development for the treatment of moderately to severely active ulcerative colitis. In the study, etrasimod patients achieved statistically significant improvements in the primary endpoint of clinical remission at week 12 as compared with placebo. Statistically significant improvements were achieved in all key secondary endpoints in the trial as well. The safety profile was consistent with previous Phase 2 studies. "These positive results demonstrate that etrasimod, if approved, could be a potential breakthrough option for patients with ulcerative colitis who aren't able to experience improvement on current therapies," said Michael Corbo, Chief Development Officer, Inflammation & Immunology, Pfizer Global Product Development. "This outcome represents a continuation of our effort to develop new therapeutic approaches to treat immuno-inflammatory diseases and address the need for oral therapies for UC patients with inadequate response, loss of response, or intolerance to conventional or advanced therapies."
WLK

Hot Stocks

06:35 EDT Westlake Epoxy receives ISCC+ certification at Pernis, Netherlands site - Westlake announced that Westlake Epoxy's Pernis, Netherlands site has received International Sustainability & Carbon Plus certification. The site received mass balance certification for its tracing and handling of sustainable materials in the production of epoxy products. This is a significant step in Westlake Epoxy's strategy to integrate renewable carbon materials into its raw material supply chain while reducing energy use and greenhouse gas emissions.
CRLBF CCHWF

Hot Stocks

06:33 EDT Cresco Labs to acquire Columbia Care for $2B - Cresco Labs (CRLBF) and Columbia Care (CCHW) announced they have entered into a definitive arrangement agreement pursuant to which Cresco Labs will acquire all of the issued and outstanding shares of Columbia Care. Subject to customary closing conditions and necessary regulatory approvals, the Transaction is expected to close in the fourth quarter of 2022. Under the terms of the Arrangement Agreement, shareholders of Columbia Care will receive 0.5579 of a subordinate voting share of Cresco Labs for each Columbia Care common share held, subject to adjustment representing total consideration enterprise value of approximately $2B based on the closing price of Cresco Labs Shares on the Canadian Securities Exchange as of March 22. The Transaction provides Columbia Care Shareholders with premiums per Columbia Care Share of approximately 16% based on the closing prices of the Columbia Care Shares and the Cresco Labs Shares, and (ii) 19%, based on the 20-day volume weighted average prices of the Columbia Care Shares and the Cresco Labs Shares, each on the CSE as of March 22, 2022. After giving effect to the Transaction, Columbia Care Shareholders will hold approximately 35% of the pro forma Cresco Labs. The Arrangement Agreement provides for certain customary provisions, including covenants in respect of non-solicitation of alternative transactions, a right to match superior proposals, a $65M termination fee payable to Cresco Labs under certain circumstances.
DB

Hot Stocks

06:32 EDT Deutsche Bank to raise pay for Postbank employees - The United Services Union, ver.di, announces it had reached a collective bargaining result in the third round of collective bargaining for Postbank employees. Accordingly, there will be a salary increase of 3.1% for the 15,000 Postbank employees in the Deutsche Bank Group from June 1, 2022 and in a second step, from February 1, 2023, a salary increase of another 2.1%, but at least 100 euros. In addition, the employees will receive a one-time payment of EUR 750 in May of this year and in January 2023. For the trainees, the remuneration will increase in two steps by a total of 100 euros, and there will also be a one-time payment of 200 euros each in May of this year and in January 2023. ver.di also agreed with Deutsche Bank that trainees in 2022 and 2023 are entitled to be taken on as permanent employees if their training performance corresponds to an average grade of at least 2.6.
RNG...

Hot Stocks

06:05 EDT Theta Lake attracts $50M in series B funding - Theta Lake announced a $50M series B funding round led by Battery Ventures. The round also includes investments from existing investors such as Lightspeed Venture Partners, Neotribe Ventures and Cisco Investments (CSCO), as well as new investments from RingCentral Ventures (RNG), Salesforce Ventures (CRM), and Zoom Video Communications (ZM). The new investment brings the company's total funding raised to date to over $70M.
CDNA NTRA

Hot Stocks

06:02 EDT CareDx wins $44.9M in damages in false advertising case against Natera - CareDx (CDNA) announced that the company won its false advertising case against Natera (NTRA) as a jury found that Natera intentionally and recklessly misled the transplant community by deliberately engaging in false advertising in the promotion and marketing of its Prospera kidney transplant rejection assessment test. CareDx was awarded monetary damages totaling $44.9M: $21.2M in compensatory damages and $23.7M in punitive damages. Overwhelming evidence emerged at trial that demonstrated that Natera made false statements that its senior executives knew were based on unscientific, unreliable, and inappropriate conclusions to market Prospera. The trial underscored the value of AlloSure's clinical excellence as the only donor-derived cell-free DNA test that has prospective, multicenter validation published. The jury did not find CareDx liable for false advertising under the Delaware Deceptive Trade Practices Act, or intentional and willful false advertising or unfair competition. Notably, the jury rejected all of Natera's challenges to AlloSure performance claims.
WU

Hot Stocks

05:29 EDT Western Union announces Artajasa Pembayaran Elektronis as partner in Indonesia - Western Union has announced PT Artajasa Pembayaran Elektronis as its newest bank account and wallet payout partner in Indonesia. Artajasa is in the market of electronic transactions in Indonesia. The collaboration will enable customers to receive international money transfers in minutes into their bank accounts across all major banks in Indonesia. Payout into wallets will launch later this year.
PV LANV

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05:23 EDT Lanvin Group to be publicly traded through Primavera Capital Acquisition deal - Lanvin Group, a global luxury fashion group, and Primavera Capital Acquisition (PV) announced they have entered into a definitive business combination agreement that is expected to list Lanvin Group on the New York Stock Exchange under the ticker symbol (LANV). PCAC is a special purpose acquisition company listed on The New York Stock Exchange and is also an affiliate of Primavera Capital, a global investment firm with over $17B of assets under management. The transaction values Lanvin Group at a pro forma enterprise value of $1.5B, with a combined pro forma equity value of up to $1.9B. PCAC has entered into a definitive business combination agreement with Lanvin Group. Pursuant to the proposed business combination, Lanvin Group will become a wholly-owned subsidiary of the combined company, Lanvin Group Holdings, a newly formed entity, or PubCo. The transaction values Lanvin Group at a pro forma enterprise value of $1.5B, with a combined pro forma equity value of up to $1.9B. As part of the transaction, all of Lanvin Group's existing shareholders will roll 100% of their shares in Lanvin Group into the PubCo, representing in the aggregate approximately 65% of PubCo. Lanvin Group will receive proceeds of up to $544M, including up to $414M of cash currently held in PCAC's trust account, fully committed PIPE subscription and forward purchase agreements of $130M in the aggregate from investors. A bonus pool of 3.6M PubCo shares will be made available exclusively to PCAC non-redeeming public shareholders. Bonus shares forfeited by redeeming PCAC shareholders will be distributed to non-redeeming PCAC shareholders on a pro rata basis. All of the shares in the bonus pool will be contributed by Fosun International and Primavera Capital Acquisition, the sponsor of PCAC. The proceeds of the transaction will be used for operational improvements and growth initiatives including branding and marketing, product category and retail store expansion, general working capital, as well as future acquisitions. The boards of directors of both PCAC and Lanvin Group have each unanimously approved the proposed transaction, which is expected to close later this year, subject to customary approvals and conditions and to PCAC's shareholders' vote. Upon completion of the transaction, the business of the group will operate under the Lanvin Group name and intends to apply to be listed on the NYSE.
GWRE

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05:15 EDT Guidewire opens new EMEA headquarters in Blanchardstown - Guidewire announced that it has opened its new EMEA headquarters 10 years after the company opened its first office in Dublin. Based in Blanchardstown, the new office building occupies 85,000 square feet. Guidewire is offering employees fully remote and hyperflexible working practices.
STLA

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05:12 EDT Stellantis confirms planned battery investment in Italy - Together with its partners, Stellantis supports Automotive Cells Company's, or ACC, growth plans as it intends to transform Stellantis' existing Termoli plant in Italy to a new battery facility and finalizes the agreement to add Mercedes-Benz as a new, equal partner with TotalEnergies/Saft and Stellantis. The partners have also committed to increase ACC's industrial capacity to at least 120 gigawatt hours, or GWh, by 2030 and to scale up development and production of high-performance battery cells and modules.
GAU

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05:07 EDT Galiano Gold CFO Fausto Di Trapani to step down, Matt Freeman to succeed - Galiano Gold announced that Fausto Di Trapani, Galiano's CFO has informed the company that he will be stepping down as CFO to pursue another opportunity. Fausto will continue to serve as CFO until his departure in early May and will work during the coming weeks to ensure an orderly transition of his responsibilities. Following Fausto's departure the company intends to appoint Matt Freeman, current SVP Finance as its new CFO, in line with the company's succession plan.