Stockwinners Market Radar for October 04, 2022 - Earnings, Upgrades downgrades, option trades, Best Stock Advisory Service

RKLB

Hot Stocks

20:06 EDT Cathie Wood's ARK Investment bought 82K shares of Rocket Lab today
GM

Hot Stocks

20:04 EDT Jury in class action suit returns $102.6M verdict against General Motors - California federal jury "found that General Motors hid an engine defect that resulted in excessive oil consumption, leading to engine damage, stalling, and premature breakdown in tens of thousands of General Motors's 5.3-liter SUVs and light trucks. The jury returned a $102.6M verdict against GM in a class action lawsuit led by national plaintiffs' trial firm, DiCello Levitt, on behalf of owners and lessees of GM trucks and SUVs sold from 2011-2014 in California, North Carolina, and Idaho, which contained the company's Generation IV Vortec 5300 LC9 engine. The case was tried in the U.S. District Court for the Northern District of California. Filed in late 2016, the lawsuit claimed that internal GM documents showed that the company was quickly alerted to a defect in the engine's piston rings that resulted in the vehicles consuming too much oil. The excess oil infiltrated parts of the engine where it didn't belong, resulting in damage and, eventually, premature engine breakdown and failure. By 2010, GM recommended to its dealers that they clean the pistons of the vehicles in question. That solution was ineffective and company engineers and other employees recommended that the piston ring design be changed. GM made other ineffective engine design changes in 2011, but the oil consumption issues persisted until GM finally discontinued production of the engine following the 2014 model year. The jury found that GM violated the breach of implied warranty of merchantability to California plaintiffs, the breach of implied warranty of merchantability to North Carolina vehicle owners, and breached the provisions of the Idaho Consumer Protection Act. It awarded each of the 38,000 class members $2,700, bringing total damages to $102.6 million."
KRTX

Hot Stocks

19:43 EDT Karuna Therapeutics CFO sells $3.44M in common stock - In a regulatory filing, Karuna Therapeutics disclosed that its CFO Troy Ignelzi sold 15K shares of common stock on September 30th in a total transaction size of $3.44M.
XOM

Hot Stocks

19:35 EDT Exxon Mobil sees change in Liquids impact Q3 earnings by negative $1.4B-$1.8B - In a regulatory 8-K filing, the company also forecast change in Gas prices impact Q3 by positive $1.8B-$2.2B. The company states: "To give perspective regarding market and planned factors affecting 3Q 2022 results, we are providing the following summary of factors management believes will impact 3Q 2022 results relative to 2Q 2022 results. These factors are generally limited to market dynamics, seasonal patterns, and planned activities. This list is not meant to be a comprehensive list of all changes between 2Q 2022 results and 3Q 2022 results or to provide an estimate of 3Q 2022 results for the Corporation."
APO IAC

Hot Stocks

19:07 EDT EmployBridge to acquire IAC's Bluecrew in cash and stock deal - Apollo-backed (APO) EmployBridge and IAC (IAC) announced they have entered into a definitive agreement for EmployBridge to acquire IAC's Bluecrew business unit, the first hourly W-2 workforce-as-a-service platform. The transaction will bring together EmployBridge's industry-leading offering and scale with Bluecrew's digital-first model and technology to create a leading national workforce management platform. "The role of our industry has never been more critical as employers continue to face widespread hiring challenges across sectors," said Billy Milam, CEO of EmployBridge. "Our clients and talent increasingly expect a seamless digital experience, and with the addition of Bluecrew, we will immediately accelerate our technological transformation to capture this growing demand, while creating a flywheel to drive growth in the other areas of our business. Bluecrew brings a world-class team and a sophisticated, self-service product that will complement our own distinguished offerings, allowing us to provide an unmatched experience." Upon completion of the acquisition, Bluecrew CEO Stephen Avalone will be named Chief Platform Officer, reporting to EmployBridge CEO Billy Milam. Under the terms of the agreement, IAC will receive consideration in the form of cash and combined company stock, becoming a minority shareholder in the combined company, which, upon completion of the transaction, will generate over $4B of pro forma revenue. Apollo funds will remain the combined company's controlling shareholder. The transaction is subject to customary closing conditions and is expected to be completed in the fourth quarter of 2022.
APO IAC

Hot Stocks

19:07 EDT EmployBridge to acquire IAC's Bluecrew in csah and stock deal - Apollo-backed (APO) EmployBridge and IAC (IAC) announced they have entered into a definitive agreement for EmployBridge to acquire IAC's Bluecrew business unit, the first hourly W-2 workforce-as-a-service platform. The transaction will bring together EmployBridge's industry-leading offering and scale with Bluecrew's digital-first model and technology to create a leading national workforce management platform. "The role of our industry has never been more critical as employers continue to face widespread hiring challenges across sectors," said Billy Milam, CEO of EmployBridge. "Our clients and talent increasingly expect a seamless digital experience, and with the addition of Bluecrew, we will immediately accelerate our technological transformation to capture this growing demand, while creating a flywheel to drive growth in the other areas of our business. Bluecrew brings a world-class team and a sophisticated, self-service product that will complement our own distinguished offerings, allowing us to provide an unmatched experience." Upon completion of the acquisition, Bluecrew CEO Stephen Avalone will be named Chief Platform Officer, reporting to EmployBridge CEO Billy Milam. Under the terms of the agreement, IAC will receive consideration in the form of cash and combined company stock, becoming a minority shareholder in the combined company, which, upon completion of the transaction, will generate over $4B of pro forma revenue. Apollo funds will remain the combined company's controlling shareholder. The transaction is subject to customary closing conditions and is expected to be completed in the fourth quarter of 2022.
OPXS

Hot Stocks

19:00 EDT Optex Systems announces $1.75M order for M1 Abram Tank Support - Optex Systems "announced it has been awarded a $1.75M order as part of our continuing support to the M1 Abrams Tank Program. The products will be manufactured at the Applied Optics Center Division of Optex Systems, Inc."
EOG

Hot Stocks

18:58 EDT EOG Resources names CEO Ezra Y. Yacob as board chairman - In an 8-K filing earlier, the company stated: "On September 29, 2022, William R. Thomas informed the Board of Directors of EOG Resources that he is retiring from the Board, effective October 4, 2022. Mr. Thomas's retirement from the Board is not due to any disagreement with EOG on any matter relating to EOG's operations, policies or practices. . In connection with the retirement of Mr. Thomas from the Board and as noted in the attached press release, the Board has appointed Ezra Y. Yacob, EOG's Chief Executive Officer and a director of EOG since October 2021, to the additional position of Chairman of the Board, effective October 4, 2022."
TWTR TSLA

Hot Stocks

18:48 EDT Musk says acquiring Twitter an 'accelerant' to creating 'the everything app' - Tesla (TSLA) CEO Elon Musk said in a tweet, "Buying Twitter (TWTR) is an accelerant to creating X, the everything app." The comments come after Musk agreed to proceed with the previous acquisition terms for Twitter, reversing an earlier stance. Reference Link
GOOGL

Hot Stocks

18:47 EDT Alphabet exec sells $2.18M in common stock - In a regulatory filing, Alphabet disclosed that its SVP Prabhakar Raghavan sold 22.2K shares of common stock on October 3rd in a total transaction size of $2.18M.
TEAM

Hot Stocks

18:34 EDT Atlassian co-CEO's each sell $1.86M in common stock - In regulatory filings, Atlassian disclosed that its co-CEO's Michael Cannon-Brookes and Scott Farquhar each sold 8.6K shares of common stock on October 3rd in separate transaction of $1.86M.
DECK

Hot Stocks

18:29 EDT Deckers Brands CEO sells $1.04M in common stock - In a regulatory filing, Deckers Brands disclosed that its CEO David Powers sold 3.3K shares of common stock on October 3rd in a total transaction size of $1.04M.
MSFT ATVI

Hot Stocks

18:23 EDT Blizzard's 'Overwatch 2' experiencing cyberattack on its servers - Blizzard Entertainment (ATVI) president Mike Ybarra said that the company's new game "Overwatch 2," which launched Tuesday, is experiencing a mass DDoS attack on its servers. "Teams are working hard to mitigate/manage," Ybarra said on Twitter. "This is causing a lot of drop/connection issues." The Fly notes that Activision Blizzard agreed to be acquired by Microsoft (MSFT) earlier this year. Reference Link
SXT

Hot Stocks

17:28 EDT Sensient acquires Endemix, terms not stated - Sensient Technologies "announced that it has acquired Endemix Dogal Maddeler. Endemix, located in Turkey, is a vertically integrated natural color and extracts company servicing the food and beverage markets." CEO Paul Manning says: "The acquisition of Endemix allows Sensient to further expand its vertical integration for key natural colors and add extraction and refining capacity, further strengthening our position as a leading natural color solutions provider."
ONCS

Hot Stocks

17:26 EDT OncoSec announces pipeline prioritization and workforce reduction - OncoSec Medical "announced a corporate restructuring intended to prioritize development of its lead clinical candidate TAVO a plasmid encoding interleukin 12 delivered by intratumoral electroporation, and extend the Company's cash runway. Oncosec is reducing its staff by approximately 45% and prioritizing clinical pipeline activities to reduce operating expenses. The Company and remaining employees will focus clinical activities in melanoma to advance TAVO-EP toward near-term data milestones of the KEYNOTE-695 clinical trial. OncoSec will provide more detail on the financial implications of the restructuring in the Form 10-K due in October. Updated guidance on the pivotal Phase 2b KEYNOTE-695 trial in metastatic melanoma, is as follows: Top-line results of the secondary endpoint, Objective Response Rate by investigator assessment based on RECIST v1.1, is expected to be announced in the fourth quarter of 2022; Top-line results of the primary endpoint, Overall Response Rate by blinded independent central review based on RECIST v1.1, is expected to be announced in the first quarter of 2023."
IAC

Hot Stocks

17:05 EDT EmployBridge to acquire IAC's Bluecrew - EmployBridge and IAC "announced they have entered into a definitive agreement for EmployBridge to acquire IAC's Bluecrew business unit, the first hourly W-2 workforce-as-a-service platform. The transaction will bring together EmployBridge's industry-leading offering and scale with Bluecrew's digital-first model and technology to create a leading national workforce management platform."
NVRO

Hot Stocks

17:05 EDT Nevro reports FDA approval of Costa Rica manufacturing operations - Nevro announced that the U.S. Food and Drug Administration FDA has approved its manufacturing operations in Costa Rica for the production of its proprietary spinal cord stimulation systems for the treatment of chronic pain, including its HFX product platform. This new facility, located in the Coyol Free Trade Zone in Alajuela, Costa Rica, is Nevro's first global manufacturing operation, ensuring greater controls and efficiency in the manufacture of products to patients around the world and augmenting its already strong manufacturing and supply chain partners. We are pleased that the FDA has approved our new global manufacturing operations in Costa Rica," stated D. Keith Grossman, Chairman, CEO and President of Nevro. "As part of our growth plans moving forward, this manufacturing facility will support our pipeline of future products to ensure that we have the most efficient cost structure and flexible capacity, while maintaining the highest level of quality control as we scale. Thank you to our excellent Costa Rica team for delivering this very meaningful milestone for Nevro." The company anticipates it will begin shipping product by the end of October, with a gradual ramp-up of production for the balance of the year and throughout 2023. Beginning in the second half of 2023 the company expects to see gross margin expansion, increasing over the subsequent three to five years from the high 60s% to the mid-70s%. "This investment will allow us to continue to accomplish our mission to deliver comprehensive, life-changing solutions that continue to set the standard for enduring patient outcomes in chronic pain treatment," commented Christofer Christoforou, Vice President of Technical Operations of Nevro. "The capabilities and operations are fully scalable and will allow us to accommodate additional growth and expansion of our product platform." Nevro will have invested approximately $21 million in capital and operating expense by the end of 2022 to support future growth initiatives at this facility to ensure greater controls and efficiency in the manufacture of products to patients around the world. The company currently employs approximately 100 employees at the 41,000-square-foot space.
DUOL

Hot Stocks

17:02 EDT Duolingo acquires Gunner, terms undisclosed - Duolingo announced that it has completed the acquisition of Gunner, a design and animation studio based in Detroit. Duolingo uses animation in its learning apps to drive engagement, keep learners motivated, and build its brand. Gunner has been an animation and design partner for Duolingo since 2020 and produces art and animations that show up in Duolingo's language app and early childhood literacy app, Duolingo ABC. The studio also produces elements of Duolingo's brand marketing campaigns. The acquisition of Gunner will add fifteen new designers, illustrators, and animators to Duolingo's existing design teams.
YEXT

Hot Stocks

16:49 EDT Lead Edge Capital discloses 9.3% stake in Yext - Lead Edge Capital disclosed a 9.3% stake in Yext, which represents over 11.47M shares. The filing does allow for activism.
KEYS

Hot Stocks

16:44 EDT Keysight Technologies SVP Page sells 6,910 - In a regulatory filing, Keysight Technologies SVP John Page disclosed the sale of 6,910 common shares of the company on September 30 at a price of $161.484 per share.
GOGL

Hot Stocks

16:34 EDT Golden Ocean board authorizes $100M share buy-back program - The Board of Directors of Golden Ocean Group Limited has on October 4 authorized a share buy-back program of maximum $100M to purchase up to an aggregate of 10,000,000 of the Company's common shares for a period up to 12 months, commencing October 4. The maximum amount to be paid per share is USD 10.0, or equivalent in NOK for shares acquired at Oslo Stock Exchange.
AZO

Hot Stocks

16:32 EDT AutoZone announces additional stock repurchase authorization of $2.5B - AutoZone announced its board of directors authorized the repurchase of an additional $2.5B of the company's common stock in connection with its ongoing share repurchase program. Since the inception of the repurchase program in 1998, and including the above amount, AutoZone's board of directors has authorized $33.7B in share repurchases.
ISUN

Hot Stocks

16:32 EDT iSun continues geographic expansion into Maine - iSun announces execution of three contracts totaling $9.3M and 12.1 MW in Maine establishing a relationship with a new customer. The 12.1 MW Portfolio award will add to iSun's already completed 18.4 MW of projects in the Maine market. "These awards are an important milestone for iSun, for several reasons," said Jeffery Peck, Chairman and Chief Executive Officer of iSun. "For our customers, this growth reflects the progress we've been making to stabilize the labor market, continue our expert craftsmanship and deliver high quality solar assets. For our investors, we continue to expand our customer relationships to provide new revenue streams in execution of our goals. As we previously stated, the transition to clean energy is the most important initiative of our generation. We are proud to lead the transition in the accelerating Maine energy market."
COOP

Hot Stocks

16:31 EDT Mr. Cooper subsidiary Xome names new Chief Technology Officer - Xome "announced it has appointed James Curl as Senior Vice President and Chief Technology Officer. Curl brings more than 15 years of experience leading technology and innovation teams at major organizations such as T-Mobile and Deloitte, where he oversaw large scale digital transformation initiatives."
PIII

Hot Stocks

16:31 EDT P3 Health Partners receives Nasdaq delisting notice, intends to appeal - P3 Health Partners announced that on September 28, 2022 it received a Staff Delisting Determination from the Listing Qualifications Department of The Nasdaq Stock Market LLC notifying the company that Nasdaq has initiated a process which could result in the delisting of the company's securities from Nasdaq as a result of the company not being in compliance with Nasdaq Listing Rule 5250(c)(1), which requires listed companies to timely file all required periodic financial reports with the Securities and Exchange Commission. The Staff Determination has no immediate effect and will not immediately result in the suspension of trading or delisting of the company's securities. The company intends to appeal the Staff Determination before a Nasdaq Hearing Panel and seek a further stay of any suspension or delisting action pending the hearing process in accordance with the procedures set forth in the Staff Determination Letter. The company is working diligently with its current and former auditors to complete the previously disclosed restatement and the audit of the financial statements for the fiscal year ended December 31, 2021. The company currently believes it will submit all delinquent periodic reports to the SEC before or during the week of October 17, 2022, which will bring the company back into compliance with the Listing Rule.
HFFG

Hot Stocks

16:20 EDT HF Foods gets delisting determination from Nasdaq - HF Foods Group announced that the Company received a Staff Delisting Determination from the Listing Qualifications Department of The Nasdaq Stock Market on September 28 stating that the Company is not in compliance with Nasdaq Listing Rule 5250(c)(1), which requires timely filing of all required periodic reports with the Securities and Exchange Commission. As previously disclosed, the Company was unable to timely file its Annual Report on Form 10-K for the year ended December 31, 2021 and its Quarterly Reports on Form 10-Q for the quarters ended March 31 and June 30. The Staff Determination will not immediately result in the suspension of trading or delisting of the Company's common stock, and the Nasdaq Listing Rules provide a procedure for the Company to appeal the Staff Determination and seek a stay pending the appeal as described below. Today the Company is appealing the Staff Determination by requesting a hearing before the Nasdaq Hearings Panel to present its plan to regain compliance with the applicable listing requirements. In connection with its request for a hearing, the Company also is requesting that the suspension and delisting of its common stock be stayed pending the hearing and decision of the Hearings Panel. Under the Nasdaq Listing Rules, the Hearings Panel will have 15 days to decide on the request for a further stay pending the hearing. According to the Staff Determination, hearings are typically scheduled to occur approximately 30-45 days after the date of the hearing request.
CLPR

Hot Stocks

16:20 EDT Clipper Realty announces change of auditor - Clipper Realty "announced that its Audit Committee approved the appointment of PKF O'Connor Davies, LLP as the company's independent registered public accounting firm for the company's year ending December 31, 2022, replacing BDO USA, LLP. The decision to change the company's independent registered public accounting firm was based primarily on the Audit Committee's efforts to reduce the company's costs for audit services. The company has not had any disagreements with BDO through the date of disengagement, nor any disagreements related to any prior years' audits."
VEV

Hot Stocks

16:19 EDT Vicinity Motor begins delivering Class 3 electric truck in Canada - Vicinity Motor officially launched and began deliveries of the first Class 3 electric truck to roll off the assembly line in Canada.
GTN

Hot Stocks

16:18 EDT Gray Television, Telemundo Station Group enter news collaboration - Gray Television and NBCUniversal Local's Telemundo Station Group, announced a news collaboration to expand Telemundo Station Group's "Noticias Telemundo Texas" to Gray's seven Telemundo affiliated Texas stations, beginning October 10 at 5am CT. As a result of this partnership, Spanish-speaking audiences in a total of 13 Texas DMAs will receive live news and updates, and weather forecasts on weekday mornings. As part of the news collaboration, Gray's Telemundo affiliated stations in Texas will provide local news content from their respective markets and will broaden the presentation of "Noticias Telemundo Texas" for Spanish-speaking communities in the state. With this collaboration, Gray's Telemundo affiliated stations in Texas will be providing more news than any other Spanish-language news outlets in its Texas markets. In addition, Gray's Telemundo affiliated stations in Texas will simulcast Telemundo 39 / Dallas or Telemundo 60 / San Antonio's 4:00p weekday newscasts beginning late October. The live news simulcasts will lead into Gray's Telemundo affiliated stations' 4:30p / 5:00p local newscasts.
ROAD

Hot Stocks

16:17 EDT Construction Partners provides update after landfall of Hurricane Ian - Construction Partners provided an initial update following the landfall of Hurricane Ian regarding its impact on the Company's operations. Fred J. Smith, III, the Company's President and CEO, said, "Our thoughts and prayers are with everyone affected by Hurricane Ian. This was a record storm that tore through three of the five states in which we operate, causing significant destruction, power outages and hardships for many communities across Florida, South Carolina and North Carolina. At CPI, the safety of our employees is our top priority, and I am proud of our team's proactive measures to give our employees time and encouragement to prepare for the storm's impact. CPI now stands ready to help repair and rebuild our affected communities once we are called upon by our city and state customers. While our facilities in Florida, South Carolina and North Carolina did not sustain significant damage, operations were affected across many of these markets during the final week of September as we sought to keep our people safe and secure our operating assets. Following the passage of Hurricane Ian, we have now resumed work that was delayed in the final week of September across all of our markets, and new project work will be necessary in certain local markets impacted by the storm. Despite the hardships faced by many in our local communities, we are thankful to have endured the storm, and we are prepared to assist with the much-needed recovery efforts."
NXTC

Hot Stocks

16:17 EDT NextCure begins NC410 combo Keytruda study for naive solid tumors - NextCure announced the initiation of a Phase 1b/2 clinical trial to evaluate NC410 in combination with KEYTRUDA pembrolizumab, Merck's anti-PD-1 therapy, in patients with immune checkpoint refractory or immune checkpoint naive solid tumors. In addition, NextCure announced it has entered into a supply agreement for KEYTRUDA with Merck .NC410 is a first-in-class immunomedicine designed to block immune suppression mediated by LAIR-1, an immunomodulatory receptor expressed on T cells and dendritic cells. Under the terms of the agreement, NextCure will sponsor the study and Merck will supply KEYTRUDA. The Phase 1b/2 trial will evaluate NC410 in combination with KEYTRUDA in patients with immune checkpoint refractory colorectal, esophageal, endometrial and head and neck cancers or immune checkpoint naive patients with colorectal and ovarian cancers. The company expects to report initial Phase 1b data in mid-2023 followed by the initiation of the Phase 2 component of the study.
CSWI

Hot Stocks

16:15 EDT CSW Industrials deploys $57.8M to complete three accretive acquisitions - CSW Industrials announced the deployment of $57.8M in completing the acquisitions of Cover Guard, AC Guard, and Falcon Stainless. The $57.8M of total deployed capital represents approximately 6.6 times the combined acquired trailing twelve month adjusted earnings before interest, taxes, depreciation, and amortization. CSWI funded the transactions with cash on hand and borrowings under its existing $400M revolving credit facility. Joseph Armes, chairman, president, and CEO of CSW Industrials, said, "These acquisitions align with our stated objective of enhancing long-term shareholder value as we once again deliver accretive, synergistic inorganic growth within our existing end markets. These newly acquired products are complementary to our existing HVAC/R and plumbing offerings and provide a meaningful value proposition to our end use customers. These acquisitions integrate directly into Contractor Solutions' sales channel, warehouses, distribution networks, and supply chain. We expect the addition of these high value-added products to produce incremental market share gains."
ICVX

Hot Stocks

16:11 EDT Icosavax initiates Phase 1 Trial of IVX-A12 against RSV and hMPV in older adults - Icosavax announced the initiation of a Phase 1 clinical trial of IVX-A12, a combination bivalent RSV and hMPV VLP vaccine candidate, in older adults. IVX-A12 is comprised of IVX-121, Icosavax's RSV prefusion F protein VLP vaccine candidate, and IVX-241, Icosavax's hMPV prefusion F protein VLP vaccine candidate. The company previously announced positive topline interim Phase 1/1b results for IVX-121 in June 2022. With this trial initiation, IVX-A12 becomes the first combination bivalent vaccine candidate against both respiratory syncytial virus and human metapneumovirus to enter the clinic, and the first candidate from Icosavax's novel VLP platform to receive IND authorization in the U.S. "The initiation of a Phase 1 trial for IVX-A12 is an important step towards our vision for creating pan-respiratory vaccines, and I am pleased with the execution by our team. Not only is IVX-A12 Icosavax's first combination bivalent VLP vaccine candidate, it is also the most advanced vaccine candidate against both RSV and hMPV in older adults, and the only clinical stage VLP in this space," said Adam Simpson, Chief Executive Officer of Icosavax. "The inclusion of a proprietary prefusion hMPV-F component in a combination RSV/hMPV vaccine candidate is differentiating from the current RSV candidates in Phase 3 development, and is intended to address two leading causes of pneumonia in one shot." Simpson continued, "In older adults, RSV is estimated to cause approximately 177,000 hospitalizations and 14,000 deaths each year in the U.S. alone, and data support similar morbidity and mortality for hMPV. As such, we look forward to sharing topline results from this first trial of a combined RSV and hMPV vaccine candidate in mid-2023, and thereafter plan to initiate a Phase 2 trial of IVX-A12 in 2H 2023." IVX-A12 Phase 1 Trial Design.
HFBL

Hot Stocks

16:09 EDT Home Federal Bancorp to acquire Northwest Bancshares Corporation - Home Federal Bancorp of Louisiana (HFBL), the holding company of Home Federal Bank, and Northwest Bancshares Corporation, the holding company of the First National Bank of Benton, announced the signing of a definitive agreement and plan of merger pursuant to which the company will acquire Northwest Bancshares in an all cash acquisition. Under the terms of the merger agreement, shareholders of Northwest Bancshares will receive their pro rata portion of aggregate merger consideration equal to $4.25M, plus the sum of 8.0% of total assets of Northwest Bancshares as of the month-end immediately prior to the closing of the merger after giving effect to a special distribution to be paid, less the amount, if any, that Northwest Bancshares' total unaccrued and unpaid transaction expenses exceed $125,000. Based on financial data as of August 31, the parties currently estimate that the aggregate merger consideration will be approximately $10.1M. In addition to the merger consideration, the merger agreement provides that, prior to consummation of the merger, Northwest Bancshares will pay the special distribution in cash to its shareholders in an aggregate amount which will reduce the ratio of Northwest Bancshares' total shareholders' equity to total consolidated assets to 8%. Based on financial data at August 31, the parties currently estimate that the amount of special distribution will be approximately $8.4M. First National currently operates out of one banking location in Benton, Louisiana. As of August 31, Northwest Bancshares had total consolidated assets of $81.7M, $52.1M in total loans, $65M in total deposits and $14.2M in shareholders' equity. Under the terms of the merger agreement, First National will be merged with and into Home Federal Bank promptly following completion of the holding company merger. The merger agreement was unanimously approved by the boards of directors of both companies. The transaction is expected to close in the first quarter of 2023, subject to customary closing conditions, including regulatory approvals and Northwest Bancshares' shareholder approval. Home Federal Bancorp anticipates the transaction will be over 20% accretive to earnings per share after cost savings are fully realized, and accretive to tangible book value per share in approximately three years of closing. Following the merger, Home Federal Bank's capital position is expected to remain strong with leverage and total risk-based capital ratios of approximately 8.2% and 14.2%, respectively.
HFBL

Hot Stocks

16:08 EDT Correction: Home Federal Bancorp to acquire Northwest Bancshares Corporation - Home Federal Bancorp of Louisiana (HFBL), the holding company of Home Federal Bank, and Northwest Bancshares Corporation, the holding company of the First National Bank of Benton, announced the signing of a definitive agreement and plan of merger pursuant to which the company will acquire Northwest Bancshares in an all cash acquisition. Under the terms of the merger agreement, shareholders of Northwest Bancshares will receive their pro rata portion of aggregate merger consideration equal to $4.25M, plus the sum of 8.0% of total assets of Northwest Bancshares as of the month-end immediately prior to the closing of the merger after giving effect to a special distribution to be paid, less the amount, if any, that Northwest Bancshares' total unaccrued and unpaid transaction expenses exceed $125,000. Based on financial data as of August 31, the parties currently estimate that the aggregate merger consideration will be approximately $10.1M. In addition to the merger consideration, the merger agreement provides that, prior to consummation of the merger, Northwest Bancshares will pay the special distribution in cash to its shareholders in an aggregate amount which will reduce the ratio of Northwest Bancshares' total shareholders' equity to total consolidated assets to 8%. Based on financial data at August 31, the parties currently estimate that the amount of special distribution will be approximately $8.4M. First National currently operates out of one banking location in Benton, Louisiana. As of August 31, Northwest Bancshares had total consolidated assets of $81.7M, $52.1M in total loans, $65M in total deposits and $14.2M in shareholders' equity. Under the terms of the merger agreement, First National will be merged with and into Home Federal Bank promptly following completion of the holding company merger. The merger agreement was unanimously approved by the boards of directors of both companies. The transaction is expected to close in the first quarter of 2023, subject to customary closing conditions, including regulatory approvals and Northwest Bancshares' shareholder approval. Home Federal Bancorp anticipates the transaction will be over 20% accretive to earnings per share after cost savings are fully realized, and accretive to tangible book value per share in approximately three years of closing. Following the merger, Home Federal Bank's capital position is expected to remain strong with leverage and total risk-based capital ratios of approximately 8.2% and 14.2%, respectively.
PEB

Hot Stocks

16:08 EDT Pebblebrook Hotel says damage to resorts from Hurricane Ian not material - Pebblebrook Hotel "announced that several of the Company's resorts were impacted by Hurricane Ian. However, the Company does not expect the costs to repair and remediate damage from the storm to be material. The 189-room LaPlaya Beach Resort & Club, a waterfront, luxury resort in Naples, Florida, closed beginning September 27, 2022, following a mandatory evacuation order. The resort will remain closed as the Company completes a full review and assessment of the damage to the condition of the property, which contains four buildings on six acres, including two buildings on the Gulf of Mexico. The Company, its operator, Noble House Hotels & Resorts, and its representatives are already working diligently to assess the property and its systems, while cleaning up and making repairs to curtail damages and to reopen the resort as soon as possible. At this time, the Company believes that the cost of repairing the property and recovering lost business income caused by the hurricane will not be material. The Company expects its property, flood, and business interruption insurance policies will mitigate the financial impact caused by the hurricane. The 119-room Inn on Fifth, located in downtown Naples, Florida, also closed beginning September 27, 2022, following a mandatory evacuation order. The property reopened on October 1, 2022. At this time, the Company believes that property damage caused by the hurricane was minor and the costs to repair the property will not be material. The Company's remaining five other hotels and resorts in southern Florida and Georgia impacted by Hurricane Ian are open and operational."
FRGI

Hot Stocks

16:06 EDT Fiesta Restaurant says four of 137 restaurants in Florida remain closed - The company states: "Fiesta Restaurant Group provided an update on its restaurants impacted by Hurricane Ian in Florida. The Company owns, operates and franchises 137 Pollo Tropical restaurants across the state. In an effort to ensure the safety of its team members, select Pollo Tropical restaurants in the storm's path were closed early on September 27 and all Pollo Tropical restaurants were closed on September 28. From September 29 through October 3, a total of 38 restaurants in the hardest hit markets of Ft. Myers, Naples, Orlando and Tampa were closed for all or a portion of that time period due to storm conditions and utility outages. Only four restaurants remain closed and all other restaurants are open for business. Thankfully, no serious injuries to Pollo Tropical team members have been reported. In addition, no significant facilities damage occurred to Company-owned restaurants as a result of the storm. There was inventory loss at a number of locations due to power outages, the exact extent of which is still being quantified. Notably, Pollo Tropical restaurants in the south Florida markets were generally unaffected by Hurricane Ian and have been operating under normal conditions since September 30. The Company maintains comprehensive insurance coverage on all of its restaurants including property, flood and business interruption and is working with its insurance providers to assess the overall impact from Hurricane Ian. The Company is in the process of assessing damages and losses and expects to file insurance claims upon completion of the assessment."
HFBL NWBI

Hot Stocks

16:06 EDT Home Federal Bancorp to acquire Northwest Bancshares for $10.1M, sees accretion - Home Federal Bancorp (HFBL) and Northwest Bancshares (NWBI) announced the signing of a definitive agreement and plan of merger pursuant to which the company will acquire Northwest Bancshares in an all cash acquisition. Under the terms of the merger agreement, shareholders of Northwest Bancshares will receive their pro rata portion of aggregate merger consideration equal to $4.25M, plus the sum of 8.0% of total assets of Northwest Bancshares as of the month-end immediately prior to the closing of the merger after giving effect to a special distribution to be paid, less the amount, if any, that Northwest Bancshares' total unaccrued and unpaid transaction expenses exceed $125,000. Based on financial data as of August 31, the parties currently estimate that the aggregate merger consideration will be approximately $10.1M. In addition to the merger consideration, the merger agreement provides that, prior to consummation of the merger, Northwest Bancshares will pay the special distribution in cash to its shareholders in an aggregate amount which will reduce the ratio of Northwest Bancshares' total shareholders' equity to total consolidated assets to 8%. Based on financial data at August 31, the parties currently estimate that the amount of special distribution will be approximately $8.4M. First National currently operates out of one banking location in Benton, Louisiana. As of August 31, Northwest Bancshares had total consolidated assets of $81.7M, $52.1M in total loans, $65M in total deposits and $14.2M in shareholders' equity. Under the terms of the merger agreement, First National will be merged with and into Home Federal Bank promptly following completion of the holding company merger. The merger agreement was unanimously approved by the boards of directors of both companies. The transaction is expected to close in the first quarter of 2023, subject to customary closing conditions, including regulatory approvals and Northwest Bancshares' shareholder approval. Home Federal Bancorp anticipates the transaction will be over 20% accretive to earnings per share after cost savings are fully realized, and accretive to tangible book value per share in approximately three years of closing. Following the merger, Home Federal Bank's capital position is expected to remain strong with leverage and total risk-based capital ratios of approximately 8.2% and 14.2%, respectively.
LFGP

Hot Stocks

15:56 EDT Ledyard Financial announces Peter Sprudzs joins as CFO - Ledyard Financial Group, the holding company for Ledyard National Bank, announced that Peter Sprudzs, FRM, has joined the company as SVP, Chief Financial Officer. Sprudzs succeeds Greg Steverson, who will be retiring from Ledyard in December. Sprudzs most recently was the Chief Finance and Risk Officer for BMG Money.
TWTR

Hot Stocks

15:42 EDT Twitter up 21% to $51.52 after resuming trade - Shares of Twitter have resumed trading and are up $8.98, or 21%, to $51.52 after the company confirmed it received the letter from the Musk parties filed with the SEC and that the company intends to close its merger transaction at the originally agreed upon price of $54.20 per share.
TWTR

Hot Stocks

15:39 EDT Twitter Inc trading resumes
TWTR TSLA

Hot Stocks

15:32 EDT Twitter intends to close transaction with Elon Musk at $54.20 per share - Twitter Investor Relations issued this statement about today's news: "We received the letter from the Musk parties which they have filed with the SEC. The intention of the Company is to close the transaction at $54.20 per share." Reference Link
TWTR TSLA

Hot Stocks

15:16 EDT Musk says Twitter offer pending receipt of proceeds of debt financing - On April 25, Twitter (TWTR) entered into a definitive agreement to be acquired by an entity wholly owned by Tesla (TSLA) founder Elon Musk, for $54.20 per share in cash in a transaction valued at approximately $44B.
TWTR

Hot Stocks

15:13 EDT Musk confirms notifying Twitter of intent to close deal on original terms - In a regulatory filing, Elon Musk confirms that on October 3, his advisors sent a letter to Twitter on his behalf, notifying Twitter that he intends to proceed to closing of the transaction contemplated by the April 25 merger agreement, on the terms and subject to the conditions set forth therein. The letter from Musk's lawyers states: "On behalf of X Holdings I, Inc., X Holdings II, Inc. and Elon R. Musk, we write to notify you that the Musk Parties intend to proceed to closing of the transaction contemplated by the April 25, 2022 Merger Agreement, on the terms and subject to the conditions set forth therein and pending receipt of the proceeds of the debt financing contemplated thereby, provided that the Delaware Chancery Court enter an immediate stay of the action, Twitter vs. Musk, et al. and adjourn the trial and all other proceedings related thereto pending such closing or further order of the Court. The Musk Parties provide this notice without admission of liability and without waiver of or prejudice to any of their rights, including their right to assert the defenses and counterclaims pending in the Action, including in the event the Action is not stayed, Twitter fails or refuses to comply with its obligations under the April 25, 2022 Merger Agreement or if the transaction contemplated thereby otherwise fails to close." Reference Link
AAPL

Hot Stocks

14:12 EDT Phones, tablets, cameras sold in EU forced to use USB-C for charging by 2024-end - "By the end of 2024, all mobile phones, tablets and cameras sold in the EU will have to be equipped with a USB Type-C charging port. From spring 2026, the obligation will extend to laptops. The new law, adopted by plenary on Tuesday with 602 votes in favour, 13 against and 8 abstentions, is part of a broader EU effort to reduce e-waste and to empower consumers to make more sustainable choices. Under the new rules, consumers will no longer need a different charger every time they purchase a new device, as they will be able to use one single charger for a whole range of small and medium-sized portable electronic devices. Regardless of their manufacturer, all new mobile phones, tablets, digital cameras, headphones and headsets, handheld videogame consoles and portable speakers, e-readers, keyboards, mice, portable navigation systems, earbuds and laptops that are rechargeable via a wired cable, operating with a power delivery of up to 100 Watts, will have to be equipped with a USB Type-C port. All devices that support fast charging will now have the same charging speed, allowing users to charge their devices at the same speed with any compatible charger," said a press release from the European Parliament. The Fly notes that Apple's iPhone uses its proprietary Lightning charger. Reference Link
AAPL

Hot Stocks

14:08 EDT Phones, tablets, cameras sold in EU forced to use USB-C for charging by 2024-end - "By the end of 2024, all mobile phones, tablets and cameras sold in the EU will have to be equipped with a USB Type-C charging port. From spring 2026, the obligation will extend to laptops. The new law, adopted by plenary on Tuesday with 602 votes in favour, 13 against and 8 abstentions, is part of a broader EU effort to reduce e-waste and to empower consumers to make more sustainable choices.Under the new rules, consumers will no longer need a different charger every time they purchase a new device, as they will be able to use one single charger for a whole range of small and medium-sized portable electronic devices.Regardless of their manufacturer, all new mobile phones, tablets, digital cameras, headphones and headsets, handheld videogame consoles and portable speakers, e-readers, keyboards, mice, portable navigation systems, earbuds and laptops that are rechargeable via a wired cable, operating with a power delivery of up to 100 Watts, will have to be equipped with a USB Type-C port.All devices that support fast charging will now have the same charging speed, allowing users to charge their devices at the same speed with any compatible charger. The Fly notes that Apple's iPhone uses its proprietary Lightning charger," said a press release from the European Parliament. Reference Link
DXC

Hot Stocks

14:08 EDT DXC Technology up 6%, trims gain after saying no formal offer made by suitor - Shares of DXC Technology are up 6% to $27.58 after resuming trading following the company confirming that management has been approached by a financial sponsor regarding a potential acquisition of the company. ""Management remains focused on the company's transformation journey. Consistent with its fiduciary responsibility to maximize shareholder value, the company is engaged in preliminary discussions and is sharing information. However, to date no formal proposal has been received," DXC stated.
DXC

Hot Stocks

14:06 EDT DXC Technology Co trading resumes
UBS

Hot Stocks

14:02 EDT UBS fined $2.5M by FINRA for Regulation SHO violations - The Financial Industry Regulatory Authority announced today that it has fined UBS Securities $2.5M for "Regulation SHO violations and supervisory failures spanning a period of nine years." FINRA found that, from 2009 to 2018, UBS did not timely close out at least 5,300 failure to deliver positions and routed or executed more than 73,000 short sales in securities with an unsatisfied close-out requirement without first borrowing or arranging to borrow the shares. Reference Link
JTKWY

Hot Stocks

14:02 EDT Just Eat's Grubhub, Gopuff announce delivery partnership - Grubhub, part of Just Eat Takeaway.com, and Gopuff announced a partnership to offer Gopuff's network of instant commerce locations on the Grubhub Marketplace. "A pilot begins today with select locations in New York City, Los Angeles, Chicago, Boston, Philadelphia and Austin. Hundreds of Gopuff locations across the country will be available on the Grubhub Marketplace in the coming weeks. The partnership expands Grubhub's selection of convenience items available to diners, including grocery, alcohol, health and wellness, household, pet and baby supplies, and opens up a new channel for Gopuff to reach more customers. Orders placed on the Grubhub Marketplace are fulfilled and delivered by Gopuff's hyper-local logistics network," the companies stated.
GOOG GOOGL

Hot Stocks

13:57 EDT Arizona Attorney General announces $85M settlement with Google - Arizona Attorney General Mark Brnovich announced an $85M settlement with Alphabet's Google "for deceptively obtaining users' location data to make billions of dollars in profit." The settlement directs the bulk of the money to the general fund and it will require legislative appropriation before it can be spent, Brnovich said in a statement. Additionally, $5M is specifically directed for attorney general education programs, he added. Brnovich began an investigation of Google after a 2018 Associated Press article revealed that the company was misleading consumers about the collection and use of their personal location data. Reference Link
DXC

Hot Stocks

13:54 EDT DXC Technology confirms acquisition approach, says engaged in talks - DXC Technology confirmed that management has been approached by a financial sponsor regarding a potential acquisition of the company. "Management remains focused on the company's transformation journey. Consistent with its fiduciary responsibility to maximize shareholder value, the company is engaged in preliminary discussions and is sharing information. However, to date no formal proposal has been received. There are no assurances that any proposal will be received or determined to be adequate by the Board of Directors. The company does not intend to comment further on market rumors or developments unless it deems additional disclosure to be appropriate or required. The company remains focused on delivering for its customers and colleagues as it executes its transformation journey," the company stated in a press release.
GOOG GOOGL

Hot Stocks

13:51 EDT Arizona in $85M settlement with Google for 'deceptively' tracking location data - "Attorney General Mark Brnovich announced a historic $85M settlement with Google for deceptively obtaining users' location data to make billions of dollars in profit. This is one of the biggest consumer fraud lawsuits in Arizona history, and the settlement represents the largest amount per capita the internet giant has paid in a privacy and consumer-fraud lawsuit of this kind. The $85 million settlement directs the bulk of the money to the general fund and it will require legislative appropriation before it can be spent. Additionally, $5M is specifically directed for attorney general education programs. General Brnovich began an investigation of Google after a 2018 Associated Press article revealed that the company was misleading and deceiving consumers about the collection and use of their personal location data by tracking smartphones even when consumers disabled the "Location History" setting. General Brnovich sued Google in May 2020, becoming the first attorney general in the country to hold the tech giant accountable in state court for deceiving consumers through so-called "dark patterns" that were built into its software, including apps and Android phones. Dark patterns are coercive design tactics used to manipulate users' behavior. In his lawsuit, General Brnovich alleged that Google engaged in deceptive and unfair practices toward users by tracking their location data even when the company was told to stop. When users turned off their Location History in settings, Google continued to surreptitiously collect their location through other settings such as Web & App Activity and the company used that information to sell ads. The software is pre-programmed into Android phones purchased by consumers," said the statement from the Arizona Attorney General Mark Brnovich. Reference Link
DXC

Hot Stocks

13:51 EDT DXC Technology halted after Bloomberg says company in talks with PE bidder - Shares of DXC Technology jumped 9% and then were halted, news pending, after Bloomberg's Ed Hammond reported, citing sources, that Baring Private Equity Asia has made a takeover approach to the company and that talks have been ongoing. DXC Technology has been working with advisers after having been approached about a takeover by at least one private equity firm, Bloomberg's Hammond and Kiel Porter previously reported in September, citing people familiar with the matter.
DXC

Hot Stocks

13:47 EDT DXC Technology up 9% after Bloomberg report on private equity approach - Shares of DXC Technology are up $2.40, to 9%, to $28.45 after Bloomberg's Ed Hammond reported, citing sources, that Baring Private Equity Asia has made a takeover approach to the company and that talks have been ongoing.
DXC

Hot Stocks

13:43 EDT DXC Technology Co trading halted, volatility trading pause
TTD

Hot Stocks

13:22 EDT Trade Desk sees long-term adjusted EBITDA at 40% - Comments taken from Investor Day presentation slides.
EQX

Hot Stocks

13:01 EDT Equinox Gold reports commercial production at Santa Luz Gold Mine - Equinox Gold announces that commercial production has been achieved at the company's Santa Luz Gold Mine in Brazil effective October 1. The Santa Luz mill is operating at approximately 90% of design capacity of 7,400 tonnes per day, with recoveries consistently above 70% and ranging up to 85%. Approximately 23,000 ounces of gold have been produced to September 30, and gold production is expected to continue to increase through the fourth quarter of 2022, the company stated. Greg Smith, President and CEO of Equinox Gold, commented: "Santa Luz is our fourth operating mine in Brazil and represents 100,000 ounces of average annual production with mine life extension potential from near-mine surface targets, an underground deposit, and additional opportunities in the 70-km-long mineralized greenstone belt that hosts our Santa Luz and Fazenda mines. We thank the Santa Luz team for their dedication and hard work to achieve this commercial production milestone and celebrate their exemplary safety record, working more than 4.3 million hours since the start of construction with no lost-time injuries."
TWTR TSLA

Hot Stocks

12:29 EDT Tesla pares gains with Musk reportedly ending bid to block Twitter deal - Shares of Tesla (TSLA) moved well off their highs after Bloomberg reported, and CNBC followed, that its CEO Elon Musk is proposing to buy Twitter (TWTR) for the original offer price of $54.20 per share. Shares of Twitter are halted pending news while Tesla shares paired their gains to up about 2% to $247.29.
TWTR

Hot Stocks

12:13 EDT Twitter Inc trading halted, news pending
TWTR

Hot Stocks

12:12 EDT Twitter shares now up 17% to $49.85 following Bloomberg report
TWTR

Hot Stocks

12:10 EDT Twitter Inc trading resumes
TWTR

Hot Stocks

12:07 EDT Twitter jumps after Bloomberg says Musk to propose proceeding with deal
OTGLY

Hot Stocks

12:06 EDT CD Projekt announces future game plans, including new 'Cyberpunk' game - CD Projekt said that, in addition to previously announced releases, including "The Witcher 3: Wild Hunt" new-gen console edition, scheduled for Q4 2022, and a large expansion for "Cyberpunk 2077" titled "Phantom Liberty," expected in 2023, the studio has revealed several projects which will be released in later years and which currently carry working titles. Among them is the game codenamed Project Sirius, under development at the Boston-based The Molasses Flood studio. "The game will be set in The Witcher universe, but it differs from our past releases in that it targets a much broader audience," said CD Projekt CEO Adam Kicinski. "Sirius will provide both single-player and multiplayer gameplay." Another announced project, Polaris, marks the launch of a new Witcher saga. The saga will consist of three games, which CD Projekt Red intends to publish in a six-year period starting with the release of Polaris. The second and third installment will rely on the technological foundation put in place for Polaris, which should streamline development and enable the Studio to focus on achieving its creative vision. The next Witcher-themed release - Canis Majoris - will be a full-fledged production, carried out by an external studio under the supervision of experienced developers who have previously worked on The Witcher games. Project Orion, which refers to the next Cyberpunk game, is set to fully unleash the potential of the Cyberpunk universe. It will be developed by CD Projekt's new North American studio. CD Projekt has also announced the beginning of work on an entirely new original IP codenamed Hadar. The company said it also intends to implement the franchise flywheel concept, developing an ecosystem of mutually reinforcing products which exploit the potential of the Group's respective franchises. To this end, the Studio is opening up to collaboration with external teams.
TWTR

Hot Stocks

12:05 EDT Twitter Inc trading halted, volatility trading pause
HAS

Hot Stocks

12:04 EDT Hasbro: Magic: The Gathering on track to become first billion dollar brand
HAS

Hot Stocks

12:03 EDT Hasbro investing in Brand Insights Platform to enable data-based decisions
OTGLY

Hot Stocks

12:03 EDT CD Projekt's Iwinski submits candidacy for board chair, steps down as co-CEO - CD Projekt co-founder and joint CEO Marcin Iwinski said he will submit his candidacy for the role of chairman of the supervisory board, leaving behind his joint CEO role. By the end of 2022, Iwinski will hand over his duties to the board. Reference Link
HAS

Hot Stocks

12:02 EDT Hasbro sees FY22 adjusted operating profit margin 16% - Now sees FY22 revenue flat to slightly down in constant currency.
HAS

Hot Stocks

12:01 EDT Hasbro sees operating profit growth of 50% over next three years
TZA

Hot Stocks

12:00 EDT Small Cap Bear 3x falls -10.5% - Small Cap Bear 3x is down -10.5%, or -$4.45 to $37.90.
WEBS

Hot Stocks

12:00 EDT Web Street, Inc. falls -11.9% - Web Street, Inc. is down -11.9%, or -$4.83 to $35.70.
SOXS

Hot Stocks

12:00 EDT Direxion Daily Semiconductor Bear 3X Shares falls -12.9% - Direxion Daily Semiconductor Bear 3X Shares is down -12.9%, or -$8.12 to $54.59.
BHVN

Hot Stocks

12:00 EDT Biohaven Pharmaceutical rises 15.4% - Biohaven Pharmaceutical is up 15.4%, or $1.07 to $8.07.
CURO

Hot Stocks

12:00 EDT Curo Group rises 19.0% - Curo Group is up 19.0%, or 83c to $5.19.
TDCX

Hot Stocks

12:00 EDT TDCX rises 23.0% - TDCX is up 23.0%, or $2.13 to $11.39.
HAS

Hot Stocks

11:55 EDT Hasbro sees operating profit margin 20%+ by 2027, says CFO
HAS

Hot Stocks

11:54 EDT Hasbro 'committed' to current dividend, says CFO - Hasbro will look to increase its share repurchases in the coming years, the CFO added.
HAS

Hot Stocks

11:51 EDT Hasbro sees generating $1B+ in operating cash flow beginning in 2025
SWBI...

Hot Stocks

11:49 EDT FBI reports 2.47M NICS firearm background checks in September - The FBI reported that there were 2,470,462 firearm background checks initiated through the NICS system in September 2022. This compares to 2,626,389 checks in September 2021 and 2,518,132 checks in August 2022. Publicly traded companies in the gun and ammo space include Smith & Wesson Brands (SWBI), Sturm Ruger (RGR), Vista Outdoor (VSTO) and AMMO (POWW).
HAS

Hot Stocks

11:48 EDT Hasbro CFO: Goal is to have 1-2 significant new game launches per year
HAS

Hot Stocks

11:46 EDT Hasbro sees recording restructuring charge of $60M in Q3
HAS

Hot Stocks

11:45 EDT Hasbro sees most challenging y/y comps in Q3, says CFO
MAT HAS

Hot Stocks

11:39 EDT Mattel gives up gains after peer Hasbro cuts FY22 sales view - Shares of Mattel (MAT), which had been trading higher, are down flat at $19.08 after toy making peer Hasbro (HAS) lowered its FY22 sales view at its ongoing investor day meeting.
HAS

Hot Stocks

11:36 EDT Hasbro turns negative after lowering 2022 sales outlook - The stock is trading down 2% to $67.75 in late morning trading after rallying earlier.
HAS

Hot Stocks

11:36 EDT Hasbro down 2% after lowering FY22 sales view during investor day - Shares of Hasbro are down $1.30, or 2%, to $67.68 in late morning trading as the event continues.
ROKU...

Hot Stocks

11:26 EDT Cathie Wood calls Roku, Teladoc, Zoom, Tesla high conviction names - Cathie Wood of ARK Invest is speaking on CNBC.
DOCU

Hot Stocks

11:25 EDT Cathie Wood says moved out of DocuSign, did not understand competition - Cathie Wood of ARK Invest is speaking on CNBC.
ZM MSFT

Hot Stocks

11:24 EDT Cathie Wood says Zoom, Microsoft bringing enterprise communication into cloud - Cathie Wood of ARK Invest is speaking on CNBC.
VWAGY

Hot Stocks

11:08 EDT Volkswagen announces Port Freeport in Texas as new Gulf Coast hub - Volkswagen Group of America announced Port Freeport as the new major Gulf Coast hub for its future vehicle logistics port operations, in collaboration with Port Freeport and developer PRP and KDC. With a 20-year lease agreement, Volkswagen Group of America aims to further improve vehicle logistics efficiency and increase importation capacities to serve nearly 300 dealers in the United States. The new port facilities are set to be operational in early 2024. Volkswagen Group of America, Port Freeport and developer KDC aim to break ground on the new location in late 2022 and expect for the facility to be operational in early 2024. Current company port operations in Houston and Midlothian will be consolidated into the new hub at Port Freeport. Developing Port Freeport will enable Volkswagen Group of America to import approx. 140,000 vehicles per year, primarily from its production hubs in Mexico, as well as imports from Europe. Port Freeport will allow utilization of low-emission LNG vessels, supporting Volkswagen Group's goal to improve the environmental footprint of its global logistics. Volkswagen Group of America's future operations at Port Freeport are anticipated to create 113 jobs directly at the terminal facility plus many more indirectly through related fields such as trucking and rail, vessel unloading, vessel pilots, and more. Reference Link
SINT

Hot Stocks

11:06 EDT SINTX announces four new patents for antibacterial biomedical implants - SINTX Technologies announced it has been awarded four new international patents for antibacterial biomedical implants. Awarded by the countries of Canada, Australia, and Japan, these patents enhance SINTX's portfolio of intellectual property. Silicon Nitride, one of the premium bioceramics offered by SINTX, has been shown previously to exhibit the bacteriostatic benefits sought after in medical implants. These patent awards and the protection they provide enable SINTX to offer even greater value to medical device partners operating within the protected geographies.
MA...

Hot Stocks

11:02 EDT MasterCard announces launch of 'Crypto Secure' technology solution - Mastercard announced its launch of "Crypto Secure," which the company calls "a first-of-its kind technology solution designed to bring additional security and trust to the digital ecosystem." Ajay Bhalla, President of Mastercard Cyber and Intelligence, said: "At Mastercard trust is our business and with cryptocurrency more intertwined in our daily lives this is an exciting next step in our journey. Crypto Secure will provide card issuers with a platform that allows them access to insights which will improve the safety of crypto purchases, increasing consumer confidence and creating the same trust they expect when paying with Mastercard."
PRFT

Hot Stocks

11:02 EDT Perficient renews partnership with RioBotz - Perficient announced the extension of its partnership with the Brazilian-based fighting robot building team, RioBotz, and their BattleBots competitor, "Minotaur." Under the terms of the multi-year agreement, Perficient will serve as Minotaur's primary and most visible partner, and the organizations will work collaboratively to bring exposure to STEM industries and associated career opportunities at Perficient.
TASK

Hot Stocks

10:44 EDT TaskUs announces expansion to Navi Mumbai - TaskUs announced Navi Mumbai as home to its fourth site in India. TaskUs Navi Mumbai will support the company's growing operations in India, which has been TaskUs' fastest-growing market in its 14-year history. The city has a highly skilled and tech-savvy talent pool, modern infrastructure, and a non-metro advantage. The expansion also aims to provide teammates with world-class, people-first facilities and a spacious workspace. As TaskUs' fourth site in India, Navi Mumbai sits on a mature social infrastructure populated with educational hubs, commercial spaces, retail complexes, and residential areas. With its close proximity to Mumbai, Pune, and Thane, the city boasts access to a large experienced talent pool that makes for a flexible, adept, and robust workforce.
MT

Hot Stocks

10:31 EDT ArcelorMittal makes further investment in Form Energy via XCarb Innovation fund - ArcelorMittal announced that it has invested a further $17.5M in Form Energy via its XCarb Innovation fund. The investment, which is part of Form's oversubscribed $450M Series E financing round, is the second investment ArcelorMittal has made in the company, following its initial investment of $25M announced in July 2021.
CMRA

Hot Stocks

10:31 EDT Comera Life Sciences expands Woburn operations - Comera Life Sciences announced the expansion of its Woburn, Mass. operations with a ribbon-cutting ceremony. The space at 12 Gill St. in Woburn, Mass., spans over 5,000 square feet and includes an expanded laboratory space for R&D activities as well as new executive offices.The Comera team was joined by state and local officials and members of the biotech industry, including Massachusetts State Senator Cindy F. Friedman, Massachusetts State Representative Richard M. Haggerty, Woburn Mayor Scott Galvin and Massachusetts Biotechnology Council President and COO Kendalle Burlin O'Connell. Comera currently has 12 employees. The increased footprint will allow the company to double its workforce in the coming years.
ACN

Hot Stocks

10:08 EDT Accenture acquires Blackcomb Consultants, terms not disclosed - Accenture has acquired Blackcomb Consultants, a leading independent Guidewire partner in North America. Terms of the transaction were not disclosed. The acquisition enhances Accenture's ability to deliver Guidewire solutions to insurers globally to help them become "cloud-first" businesses. Guidewire's end-to-end technology platform combines digital, core analytics and artificial intelligence capabilities across the underwriting, billing, claims and customer relationship management functions, helping property and casualty insurers reimagine their operations in the cloud. Headquartered in Chicago, Illinois, Blackcomb Consultants is a specialist technology services provider to P&C insurance carriers, helping them improve operational agility and get their products and services to market more quickly. A Guidewire 'Advantage' partner, Blackcomb Consultants' offerings include policy administration system implementations and upgrades, production support, cloud-hosted services, performance-improvement and organizational-change services. Blackcomb Consultants also has specialized capabilities in delivering Guidewire applications and services on Amazon Web Services and Microsoft Azure. Its 158 employees will join Accenture's Industry & Function Platforms Group, where they will be focused on Guidewire project delivery.
UBS

Hot Stocks

10:02 EDT UBS Securities fined $2.5M for regulation SHO violations by FINRA - FINRA announced that it has fined UBS Securities LLC $2.5M for Regulation SHO violations and supervisory failures spanning a period of nine years. FINRA found that, from 2009 to 2018, UBS did not timely close out at least 5,300 failure to deliver positions and routed or executed more than 73,000 short sales in securities with an unsatisfied close-out requirement without first borrowing or arranging to borrow the shares. "The short sale obligations imposed by Reg SHO afford critical protection to the markets and investors," said Jessica Hopper, Executive Vice President and Head of FINRA's Department of Enforcement. "Effective supervision focuses on every stage of a firm's Rule 204 compliance and includes testing to confirm that systems and programming operate as intended, without unplanned consequences." In settling this matter, UBS consented to the entry of FINRA's findings without admitting or denying the charges. Reference Link
SOXS

Hot Stocks

10:00 EDT Direxion Daily Semiconductor Bear 3X Shares falls -9.6% - Direxion Daily Semiconductor Bear 3X Shares is down -9.6%, or -$6.04 to $56.67.
WEBS

Hot Stocks

10:00 EDT Web Street, Inc. falls -10.2% - Web Street, Inc. is down -10.2%, or -$4.14 to $36.39.
MCG

Hot Stocks

10:00 EDT Membership Collective falls -22.1% - Membership Collective is down -22.1%, or -97c to $3.41.
TUP

Hot Stocks

10:00 EDT Tupperware Brands rises 11.3% - Tupperware Brands is up 11.3%, or 73c to $7.18.
YMM

Hot Stocks

10:00 EDT Full Truck Alliance rises 12.8% - Full Truck Alliance is up 12.8%, or 81c to $7.08.
EVTL

Hot Stocks

10:00 EDT Vertical Aerospace rises 15.4% - Vertical Aerospace is up 15.4%, or $1.49 to $11.18.
FCRD

Hot Stocks

09:50 EDT First Eagle Alternative Capital BDC Inc trading resumes
GM...

Hot Stocks

09:49 EDT General Motors names former Lyft COO McNeill to board - General Motors (GM) announced that entrepreneur and venture capital investor Jonathan McNeill, the co-founder and CEO of DVx Ventures, has joined its board of directors. McNeill founded DVx in 2019 after service as Chief Operating Officer at Lyft (LYFT and Tesla president, Global Sales, Delivery and Service at Tesla (TSLA). GM's board now has 13 directors.
WEBS

Hot Stocks

09:47 EDT Web Street, Inc. falls -9.5% - Web Street, Inc. is down -9.5%, or -$3.84 to $36.69.
SOXS

Hot Stocks

09:47 EDT Direxion Daily Semiconductor Bear 3X Shares falls -9.8% - Direxion Daily Semiconductor Bear 3X Shares is down -9.8%, or -$6.14 to $56.57.
MCG

Hot Stocks

09:47 EDT Membership Collective falls -19.4% - Membership Collective is down -19.4%, or -85c to $3.53.
DNA

Hot Stocks

09:47 EDT Ginkgo Bioworks rises 9.6% - Ginkgo Bioworks is up 9.6%, or 30c to $3.44.
SOXL

Hot Stocks

09:47 EDT Direxion Daily Semiconductor Bull 3X Shares rises 9.9% - Direxion Daily Semiconductor Bull 3X Shares is up 9.9%, or 96c to $10.66.
CVNA

Hot Stocks

09:47 EDT Carvana rises 11.1% - Carvana is up 11.1%, or $2.38 to $23.84.
FAZE

Hot Stocks

09:43 EDT FaZe Holdings Inc trading resumes
HAS

Hot Stocks

09:43 EDT Hasbro jumps 4.5% as CEO speaks at investor day event
MU

Hot Stocks

09:43 EDT Micron to invest up to $100B to build 'megafab' in Clay, New York - Micron Technology announced plans to build what it calls "the largest semiconductor fabrication facility in the history of the United States." The new "megafab" will increase domestic supply of leading-edge memory and create nearly 50,000 New York jobs, including approximately 9,000 high paying Micron jobs, the company said. Micron intends to invest up to $100B over the next 20-plus years to construct a new megafab in Clay, New York, with the first phase investment of $20B planned by the end of this decade. "This represents the largest private investment in New York state history. Micron's investment in Onondaga County, New York, will complement the company's previously announced high-volume manufacturing fab in Boise, Idaho... The $5.5 billion in incentives from the state of New York over the life of the project alongside anticipated federal grants and tax credits from the CHIPS and Science Act are critical to support hiring and capital investment. In addition, the Town of Clay and Onondaga County are providing key infrastructure support for Micron's new leading-edge semiconductor facility," the company stated. "I am grateful to President Biden and his Administration for making the CHIPS and Science Act a priority, to Senator Schumer and a bipartisan coalition in Congress for passing the legislation, and to Governor Hochul and County Executive McMahon for the local and state partnerships that made this investment possible. Micron will leverage the diverse, highly educated and skilled talent in New York as we look to build our workforce in the Empire State. This historic leading-edge memory megafab in Central New York will deliver benefits beyond the semiconductor industry by strengthening U.S. technology leadership as well as economic and national security, driving American innovation and competitiveness for decades to come," said Micron President and CEO Sanjay Mehrotra.
ALTU

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09:41 EDT Altitude Acquisition in talks to merge with medical device manufacturer - Altitude Acquisition, a publicly traded special purpose acquisition company, said it has entered into negotiations to merge with a "leading global medical device manufacturer in a deal that pegs the enterprise value of the company at approximately $480 million." The proposed transaction calls for the combined company to have at least $20M in net cash at time of closing. The target seeks additional expansion in the U.S., globally and in new jurisdictions around the world, Altitude said in a statement. Altitude anticipates entering into a letter of intent on or around October 31 and a definitive merger agreement as soon as practicable thereafter. "We believe the target is a market leader in its field and a business combination would represent a tremendous opportunity for us and our shareholders," said Gary Teplis, Chief Executive Officer of Altitude. "I would also like to remind our stockholders that Altitude is seeking stockholder approval of an extension of time to complete our initial business combination, from October 11, 2022, to April 11, 2023 (the "Extension")."
HAS

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09:38 EDT Hasbro to exit unprofitable products, franchises, says CEO
HAS

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09:38 EDT Hasbro sees $250M-$300M annual cost savings by 2025
HAS

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09:38 EDT Hasbro targeting $8.5B revenue by 2027, says CEO - Sees mid-single digit sales growth, with $8.5B in revenue by 2027.
HAS

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09:37 EDT Hasbro targeting $8.5B revenue by 2027, says CEO - Sees mid-single digit sales growth, with $8.5B in revenue by 2025.
HAS

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09:37 EDT Hasbro sees 10% annual sales growth for licensed products, says CEO - Comments taken from Hasbro's Investor Day event.
FAZE

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09:33 EDT FaZe Holdings Inc trading halted, volatility trading pause
BIGC

Hot Stocks

09:28 EDT BigCommerce announces PeakActivity has become a CIP - PeakActivity announced that it has become a Certified Implementation Partner, CIP, for BigCommerce. "Our partnership with PeakActivity further illustrates our commitment to providing merchants access to the highest-caliber technologies and service providers available in the industry," said Russell Klein, chief commercial officer for BigCommerce. "PeakActivity shares our desire to help merchants sell more and grow faster to maximize success, and we look forward to working together to mutually support customers."
SCHW

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09:27 EDT Schwab expands INTF mutual fund offering for independent RIAs - Schwab Advisor Services on Monday announced that it has expanded its institutional no transaction fee mutual fund offering for independent registered investment advisors. The expanded line-up includes the addition of more than 800 institutional funds, without a transaction fee, from 15 third-party asset managers, the company said. The 15 asset managers are: Blackrock, Cohen & Steers, Columbia, Delaware + Waddell & Reed, Diamond Hill, Franklin Templeton, First Eagle, Guggenheim, Goldman Sachs, Invesco, Janus, Legg Mason, Lord Abbett, Nuveen, and Principal. This offer increases independent advisors' ability to personalize their clients' investment portfolios and to put more of their clients' initial investments to work," said Jalina Kerr, managing director, client experience, Schwab Advisor Services.
IBM

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09:26 EDT IBM announces it will add Red Hat storage products to IBM Storage business - IBM announced it will add Red Hat storage products and Red Hat associate teams to the IBM Storage business unit, bringing consistent application and data storage across on-premises infrastructure and cloud. With the move, IBM will integrate the storage technologies from Red Hat OpenShift Data Foundation as the foundation for IBM Spectrum Fusion. This combines IBM and Red Hat's container storage technologies for data services and helps accelerate IBM's capabilities in the burgeoning Kubernetes platform market. In addition, IBM intends to offer new Ceph solutions delivering a unified and software defined storage platform that bridges the architectural divide between the data center and cloud providers.
DOOO

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09:25 EDT BRP Inc. breaks ground on new Can-Am electric motorcycles plant - BRP confirms the start of construction of its first EV manufacturing plant and a major milestone in the Company's electric journey. Yesterday marked the ground-breaking ceremony of the Can-Am electric two-wheel motorcycle production facility in Queretaro, Mexico. Production of the Can-Am Origin and Can-Am Pulse, the Company's first two electric motorcycle models unveiled at the recent Club BRP, is set to begin in March 2024, with expected deliveries to consumers during summer 2024.
HLTH

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09:24 EDT Cue Health applies with FDA for EUA of its Cue Flu + COVID-19 molecular test - Cue Health announced that on September 30, 2022, it submitted an application with the U.S. Food and Drug Administration, FDA, for Emergency Use Authorization, EUA, for its Cue Flu + COVID-19 Molecular Test for at-home and point-of-care, POC, use. The new Cue Flu + COVID-19 Molecular Test can simultaneously detect and differentiate between influenza and COVID-19 in approximately 25 minutes, with results delivered digitally to the Cue Health App on the user's mobile device. If authorized, Cue's Flu + COVID-19 test will be integrated into Cue Care, the company's same-day, test-to-treatment solution within the Cue Health App, which enables individuals to consult with a healthcare professional and get treatment delivered to their home within hours if medically indicated. "An accurate flu and COVID-19 test that can be done anywhere is a powerful tool. Combining this with the capability to treat on the same day enables a paradigm shift in respiratory diseases," said Ayub Khattak, Chairman and CEO of Cue Health. "We hope to enable this paradigm shift across the spectrum of infectious diseases and more with the many additional products in our pipeline."
SCPL LNW

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09:23 EDT Engine Capital calls on Light & Wonder to acquire remaining stake in SciPlay - On October 3, Engine Capital delivered a letter to the board of directors of SciPlay (SCPL), in which the firm has a 5.7% stake, and the board of directors of Light & Wonder, (LNW), the parent company of SciPlay. In the letter disclosed in a regulatory filing, Engine stated: "We invested in both Companies because we believe in the cross-platform, content-led strategy pursued by the new leadership of Chair Jamie Odell and Chair Toni Korsanos, the attractive valuations of both Companies, and the fact that there are opportunities readily within the control of SciPlay and Light & Wonder to significantly increase shareholder value... We are writing to you today because we believe an easier solution exists whereby Light & Wonder acquires SciPlay for $15.00 to $16.00 per share using cash on SciPlay's balance sheet without having to issue any new shares. Importantly, such a transaction makes strategic sense for both Companies, would reduce inefficiencies, and would optimize the overall valuation of the entities." Reference Link
MGI

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09:23 EDT MoneyGram announces strategic partnership, minority investment in Jingle Pay - MoneyGram International and Jingle Pay announced a partnership to enable convenient and fast global money transfers through the Jingle Pay app. Consumers in the UAE can use the Jingle Pay app to send money to over 200 countries and territories around the world. MoneyGram has also announced the completion of a minority investment in Jingle Pay, giving MoneyGram an approximate 12% equity stake in Jingle Pay. Alex Holmes, MoneyGram Chairman and CEO, has joined the Jingle Pay Board of Directors as Chairman to help guide Jingle Pay's strategic path forward. "As consumer preference increasingly shifts online, investing in digital startups around the world is a critical component of our strategy," said Holmes. "We're excited to partner with Jingle Pay, as we believe in their strategic vision to improve the key elements of traditional banking through its suite of innovative digital offerings. As the startup continues to grow, MoneyGram's direct ownership in the company will strengthen our leading position in the Middle East and further accelerate our strategic goals to lead the evolution of digital payments."
LTUM

Hot Stocks

09:22 EDT Lithium Corp. appoints Brian Goss as VP, business development - Lithium Corporation is pleased to announce Brian Goss, a long time Director and past President of the Company from 2015 to 2017, has been appointed Vice President of Business Development. He is the founder and President of Rangefront Mining Services.
F

Hot Stocks

09:22 EDT Ford says demand for 2023 vehicle retail orders is strong - The company said, "Demand is strong with retail orders for '23MY vehicles up 244 percent over '22MY vehicles - totaling 197,000 retail vehicle orders. Ford continues to see strong demand growth and record turn rates on dealer lots. For the sixth straight month, more than 50 percent of Ford retail sales came from previously placed orders. Ford electric vehicles sales continue to outpace the segment, with sales up 197.3 percent. Ford share of the electric vehicle segment was up in September 3.1 percentage points over last year with 7.0 percent share. In September, F-150 Lightning continues as America's best-selling electric pickup; E-Transit was also America's best-selling electric van in September."
AIKI

Hot Stocks

09:21 EDT AIkido Pharma share repurchase program continues, repurchases 45,000 shares - AIkido Pharma provided an update on the Company's share repurchase program authorized by the Company's Board of Directors on January 21, 2022. The Company reported that on October 3, 2022, the Company purchased 45,000 shares of common stock at $6.98 per share.
CEAD

Hot Stocks

09:21 EDT CEA Industries signs contract with Merida Capital Holdings client - CEA Industries subsidiary Surna Cultivation Technologies has signed a contract with a client of its previously announced partner, Merida Capital Holdings. The contract is incremental to Surna's announced backlog of $9.7M as of August 11. In June, the company entered into an agreement with Merida in which Merida agreed to use the company as its sole provider of certain products and services for Merida's indoor cultivation facilities. Surna will be providing a suite of HVAC systems for the Connecticut-based client. The systems include Surna's EnviroPro air handlers, as well as heat recovery fan coils, dehumidifiers, humidifiers and circulating fans. Surna has previously provided mechanical engineering services for the client.
ONOV

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09:20 EDT Castellum announces intent to uplist to NYSE American - Castellum announced that, subject to meeting all requirements at the time of listing, the Company's application to list its shares of common stock, has been approved to uplist to the NYSE American Exchange in conjunction with an underwritten public offering and a one-for-twenty reverse stock split of the Common Stock effective on or about October 7, 2022. The ticker symbol for the Common Stock will change to "CTM" upon listing. Trading of the Common Stock is expected to commence on or about October 7, 2022. The new CUSIP for the Common Stock following the reverse stock split will be 14838T204.
HON

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09:20 EDT Honeywell selected by Mangata Networks to provide control systems - Honeywell announced that Mangata Networks selected Honeywell's space integrated attitude control system in support of its new constellations comprising 32 satellites. Mangata's new highly elliptical orbit, HEO, and medium Earth orbit, MEO, satellite constellations provide communications and weather monitoring in areas that typically lack in quality internet connectivity. Ricky Freeman, president, defense, and space at Honeywell Aerospace said, "Honeywell has extensive experience and a strong pedigree in navigation, data handling and momentum control products. Each of these is well suited to support these HEO and MEO satellite constellations, and our IACS platform will provide Mangata Networks with the precision and reliability it needs to operate its network of telecommunications satellites."
COSM

Hot Stocks

09:20 EDT Cosmos Holdings enters into warrant exchange agreement - Cosmos Holdings has entered into an agreement to replace its previously structured warrants with new vanilla warrants. The existing holders of Warrants issued as of February 28, 2022 will purchase an aggregate of 21,238,254 shares of Common Stock. They will exchange the existing warrants for new warrants to purchase twice the number of shares of Common Stock. The new warrants will be exercisable at $0.205 per share for a five-year period from the date of issuance. The existing warrants contained anti-dilution protection which effectively prevented future financings. In consideration of the exchange of warrants, the existing holders will receive an aggregate of $2 million from future financings as well as any liquidated damages and certain rights of participation in future financings.
F

Hot Stocks

09:19 EDT Ford reports September U.S. vehicle sales 142,644, down 8.9% - Reports September truck sales 68,299, down 18.3%. Reports September SUV sales 70,887, down 0.9%. Reports September EV sales 4,691, up 197.3%. "Ford continued to see high-demand vehicles turning at record rates in September, while developing electric truck and van leadership and extending our overall truck leadership. Demand remains strong with new retail orders rapidly expanding. We are very pleased with the work from our dealers, employees and the area's first responders, as they are working tirelessly to recover in Florida from Hurricane Ian." - Andrew Frick, vice president, sales, distribution and trucks, Ford Blue
NWVCF

Hot Stocks

09:19 EDT EnWave agrees to lease two 10kW REV machines to Dole - EnWave Corporation announces that Dole Worldwide Food & Beverages Group, has leased two additional 10kW Radiant Energy Vacuum dehydration machines from EnWave. EnWave and Dole previously announced plans for a Global Strategic Partnership in August 2021, and the addition of a third and fourth REV machine will further support this strategic initiative.
CAT

Hot Stocks

09:18 EDT Caterpillar expands construction portfolio with four battery electric machines - Caterpillar will display four electric machine prototypes, including battery prototypes, at bauma 2022 Oct. 24-30 in Munich, Germany. "Caterpillar is well positioned to help customers reach their sustainability goals, including lowering emissions on the jobsite," said Construction Industries Group President Tony Fassino. "It's important we meet customers on their sustainability journey today with a variety of solutions including machines that run on renewable fuels or technology that increases fuel efficiency, as well as supporting them into the future as we power our next generation of machines."
GBS

Hot Stocks

09:17 EDT GBS Inc. acquires Intelligent Fingerprinting - GBS Inc. has acquired Intelligent Fingerprinting, thus expanding the GBS platform of rapid, non-invasive diagnostic testing technologies. In addition, GBS announced it has begun the process of changing its corporate name. Intelligent Fingerprinting's proprietary drug screening system is an on-the-spot, 10-minute test that works by analyzing fingerprint sweat to screen for recent drug use. IFP currently detects opioids, cocaine, methamphetamines, benzodiazepines and marijuana use. The non-invasive system consists of a portable reader and single-use disposable cartridges. As a result of the transaction, GBS has gained access to the full IFP product portfolio, the company's current customer base which exceeds 200 customers, and its ISO 13485 manufacturing facility in the U.K., which complements GBS' development of its own facility at the University of Newcastle, Australia. GBS will immediately begin the process of submitting IFP's CE Mark to the Therapeutic Goods Association of Australia and acting as the sponsor for regulatory approval to begin a direct sales campaign in the first half of 2023.
QLYS

Hot Stocks

09:17 EDT Qualys announces it acquired assets of Blue Hexagon - Qualys announced it acquired the assets of Blue Hexagon. This brings AI/machine learning to the Qualys Cloud Platform to help convert petabytes of highly integrated data into meaningful insights for customers. This acquisition will enable Qualys to leverage its powerful Cloud Platform and its more than 10 trillion data points to uncover behavior patterns including active vulnerability exploitation, identification of advanced network threats, and adaptive risk mitigation across all assets and applications. "It is a pleasure to welcome the brightest minds in AI/ML and cybersecurity to the Qualys team," said Sumedh Thakar, president and CEO of Qualys. "Qualys' mission is helping organizations identify and reduce cyber risks, and the blue hexagon platform will enable us to provide powerful context-aware insights that will enhance our customers' cyber resilience."
TENB

Hot Stocks

09:17 EDT Tenable Holdings announces release of Tenable One - Tenable announced the release of Tenable One, an Exposure Management platform that unifies discovery and visibility into all assets and assesses their exposures and vulnerabilities across the entire attack surface for proactive risk management. Tenable One delivers context-driven risk analytics so security teams can move from reactive fire fighting to prevention. Cybersecurity teams can anticipate and block threats before they can cause damage. The cloud-based platform identifies and assesses assets across the enterprise attack surface to gain a unified view of cyber risk.
F

Hot Stocks

09:17 EDT Ford reports September U.S. vehicle sales 142,644, down 8.9%
WTER

Hot Stocks

09:16 EDT Alkaline highlights Alkaline 88's rapid expansion into the club channel - The Alkaline Water Company highlighted Alkaline 88's rapid expansion into the club channel, including its recent expansion into over 220 clubs of the country's third-largest warehouse club chain. In less than fourteen months, the brand has made inroads into all three of the top warehouse membership clubs in the United States. "Our most recent 48-store regional trial in the club channel has expanded into full distribution in a very short time," said Frank Lazaran, President and CEO of The Alkaline Water Company. "We're very pleased with how quickly our 1-gallon four pack has been greenlit for sale to all 6.5 million members in over 220 clubs across 17 states. This is the second of the three major clubs in which we've earned full distribution in the past year. We also recently announced that we now have our 'foot in the door' in the third and largest club chain and we'll continue to work on that front. "The recent work we've done to strengthen our production and distribution will support Alkaline88's expansion into the club and other channels in growth markets across the country. Optimizing our network to produce our products closer to important high-volume retailers means we're spending less on freight and moving more of our best-selling products in bulk. These are both great factors for the improvement of our bottom line, even as we continue to earn new clients and drive new sales."
PTRA

Hot Stocks

09:16 EDT Proterra appoints Sara Dadyar as Chief People Officer - Proterra appointed Sara Dadyar as Chief People Officer effective October 17. She most recently served as Executive HR Leader within General Electric's Gas Power business. Previously, she held various HR leadership roles across GE's financial services and power businesses.
LSPD...

Hot Stocks

09:16 EDT Lightspeed appoints Tabone as Chief Product & Technology Officer - Lightspeed Commerce (LSPD) announced that the Company has appointed Ryan Tabone as its Chief Product & Technology Officer. Tabone joins Lightspeed from Google (GOOG;GOOGL), where he held a number of roles, among them being a founding member of the team that built Chromebook and most recently as the Vice President & General Manager of Google Pay and Google Finance.
LPSN

Hot Stocks

09:14 EDT LivePerson appoints Zive as Chief Marketing Officer - LivePerson announced the appointment of Chief Marketing Officer Ruth Zive, who will be introduced to customers as the host of the company's next Executive Community event in San Francisco on October 20. Zive will oversee LivePerson's global marketing organization, including digital and demand generation, field marketing and sales development, vertical and product marketing, branding, and internal and external communications. Her priority is to grow scalable, measurable, and predictable world-class demand generation while driving operational rigor.
EEFT

Hot Stocks

09:14 EDT Euronet expands ATM network into Southeast Asia - Euronet announced the expansion of its ATM network into Southeast Asia, including installation of the company's independent ATMs in the Philippines as well as the acquisition of 500 non-branch ATMs from the Bank of the Philippine Islands. Under terms of the agreement with BPI, Euronet will assume full responsibility for managing 300 of the acquired ATMs and integrating them with the company's IAD in the Philippines, which will more than double Euronet's ATM footprint in the country. The acquired non-branch ATMs will be centrally managed by Euronet's REN payments platform.
PSNL

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09:13 EDT Personalis enters gastroesophageal cancer research pact with Duke, Olink - Personalis has joined with Duke University and Olink Proteomics AB to form a research collaboration to study the effects of immunotherapy on advanced gastroesophageal cancer. Specifically, the collaboration will focus on identifying composite biomarkers-those that integrate multiple biological entities into a single readout-to help guide therapeutic decision making.
GVP

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09:13 EDT GSE Systems wins contract to implement simulator for nuclear plant in Korea - GSE Systems announced a new contract to implement a digital twin design simulation system for a long-time customer in South Korea. The contract will support the creation of a true digital twin simulation solution, where live plant data will be integrated into the simulator so that the client can perform timely "what-if" analyses and accurately predict future performance conditions of the plant. The project will be implemented for the customer in cooperation with a Korea-based partner, that GSE has worked with since 2018. GSE will deliver the simulation technology and model development starting in late 2022. Additional GSE support for historian integration will start in July 2023 and run through project completion, estimated for January 2025. The project has two major components: Build a nuclear plant model using GSE's JADE suite, RELAP, REMARK and SimExec; Develop the interface of the simulation load with data from plant historian systems such as the PI database, to update the simulator to current plant conditions for analysis and future what-if scenarios. The goal is to create a product that can then be licensed for future digital twins within South Korea and as part of the country's export of nuclear plants worldwide. "We are appreciative for the continuation of work with this client. South Korea is an important market for GSE. As one of the world's most fossil fuel-reliant economies, we support their re-commitment to nuclear energy," said Kyle Loudermilk, GSE's President and CEO. "This project demonstrates GSE's ability to deliver our solutions globally, on any reactor type, building successful, long-term relationships."
CCAP...

Hot Stocks

09:13 EDT Crescent Capital BDC to acquire First Eagle Alternative Capital BDC - Crescent Capital BDC and First Eagle Alternative Capital BDC announced that they have entered into a definitive merger agreement under which Crescent BDC will acquire First Eagle BDC. The combined company, which will remain externally managed by Crescent Cap Advisors, LLC, a subsidiary of Crescent Capital Group is expected to have approximately $1.6 billion of investments on a pro forma basis. The boards of directors of both companies, the independent directors of First Eagle BDC and the independent directors of Crescent BDC have approved the Transaction, which is expected to close as early as the fourth quarter of 2022. Under the terms of the Merger Agreement, First Eagle BDC stockholders are expected to receive a combination of Crescent BDC shares valued at 100% of Crescent BDC's net asset value per share at the time of closing of the transaction in an aggregate number equal to First Eagle BDC's net asset value at closing, up to a maximum of 19.99% of outstanding Crescent BDC shares at the time of the closing; cash from Crescent BDC for any amounts not paid in Crescent BDC shares due to the Share Issuance Cap; and an additional cash payment from Crescent Cap Advisors, LLC of $35 million in aggregate, or approximately $1.17 per share of First Eagle BDC stock. The exchange ratio for the stock component of the merger consideration and the amount of cash from Crescent BDC pursuant to clauses and in the foregoing sentence will be determined by the respective net asset values of Crescent BDC and First Eagle BDC at the time of closing. In addition, First Eagle BDC stockholders may make an election to receive the portion of the merger consideration paid by Crescent BDC pursuant to such clauses and in either Crescent BDC shares or in cash, subject to pro rata cut backs such that the aggregate amount of shared issued and cash paid by Crescent BDC are equal to the amounts described in such clauses. Assuming a transaction based on respective June 30, 2022 net asset values for Crescent BDC and First Eagle BDC taking into account certain estimated transaction expenses and post-closing adjustments and subject to the election mechanics described in the foregoing paragraph, First Eagle BDC stockholders would have received $0.62 per share in cash from Crescent BDC; 0.2063x shares of Crescent BDC common stock for each share of First Eagle BDC common stock, resulting in approximately 6.2 million newly issued Crescent BDC shares; and $1.17 per share in cash from Crescent Cap Advisors, LLC. In aggregate, total consideration based on respective June 30, 2022 net asset values of Crescent BDC and First Eagle BDC represents approximately $180.1 million or $6.02 per First Eagle BDC share, representing a premium of 14% to First Eagle BDC's net asset value per share of $5.30. On a market value basis, based on the closing stock price of Crescent BDC common stock on October 3, 2022 the Transaction represents total consideration for First Eagle BDC stockholders of approximately $145.6 million or $4.86 per share, representing a 66% premium to the closing stock price of First Eagle BDC common stock on October 3, 2022. Following the Transaction, and assuming June 30, 2022 net asset values, Crescent BDC's pro forma equity base is expected to be approximately $758 million and Crescent BDC stockholders and First Eagle BDC stockholders are expected to own approximately 83% and 17%, respectively, of the combined company. In addition, Sun Life, which owns a majority interest in Crescent, has committed to provide secondary-market support and will purchase $20 million of the combined company's common stock via a share purchase program over time following the consummation of the Transaction. In connection with the closing of the proposed Transaction, First Eagle BDC's 5.00% senior unsecured notes due May 25, 2026 are expected to remain outstanding and will be assumed by a subsidiary of Crescent BDC.First Eagle Investment Management LLC, which accounts for an approximately 17% ownership interest in First Eagle BDC, has entered into a voting agreement that requires it to vote its First Eagle BDC shares in favor of the Transaction subject to the terms of such agreement. Consummation of the Transaction is subject to First Eagle BDC stockholder approval, customary regulatory approvals and other customary closing conditions.
RIOT BTC

Hot Stocks

09:12 EDT Riot Blockchain reports September production, provides operations update - Riot Blockchain reported unaudited production and operations updates for September 2022. In September 2022, Riot produced 355 Bitcoins (BTC), a decrease of approximately 13% as compared to September 2021 production of 406 BTC. As of September 30, 2022, Riot held approximately 6,775 BTC, all produced by the company's self-mining operations. In September 2022, Riot sold 300 BTC, generating net proceeds of approximately $6.1M. As of September 30, 2022, Riot had a deployed fleet of 55,728 miners, with a hash rate capacity of 5.6 EH/s. Upon deployment of the staged miners, the company expects to have a total of 62,640 miners deployed with a hash rate capacity of approximately 6.4 EH/s. Additionally, shipments of 5,000 S19-series miners have been initiated out of Bitmain Technologies Limited and are expected to be received during October 2022. During Q1 2023, Riot anticipates a total self-mining hash rate capacity of 12.5 EH/s, assuming full deployment of approximately 115,450 Antminer ASICs. Substantially all of Company's self-mining fleet will consist of the latest generation S19-series miners. In addition to the company's self-mining operations, Riot hosts approximately 200 MW of institutional Bitcoin mining clients.
DELL

Hot Stocks

09:12 EDT Dell Technologies to open Zero Trust Center with CyberPoint, MISI - Dell Technologies will open a Zero Trust Center of Excellence in collaboration with CyberPoint International and the Maryland Innovation Security Institute, MISI, in Spring 2023 at DreamPort, the U.S. Cyber Command's premier cybersecurity innovation facility. Dell also unveils new cybersecurity services that allow organizations to assess their Zero Trust and cyber resilience maturity, endpoint security solutions to support hybrid work, and ransomware protection for object storage data. "In a multicloud world, an organization's cybersecurity strategy must transcend its infrastructure and extend to its applications and data," said John Roese, global chief technology officer, Dell Technologies. "We believe a Zero Trust strategy is the best path forward. Dell has the proven IT and security foundation, technology integration experience, and extensive global partner ecosystem to help simplify customers' cybersecurity transformations."
FRBK TCBI

Hot Stocks

09:11 EDT Republic First Bancorp announces cooperation agreement with Driver Management - Republic First Bancorp (FRBK) announced it has entered into a multi-year cooperation agreement with Driver Management Company and its affiliates, which together own 1,680,197 shares of the Company's outstanding common stock. Under the Cooperation Agreement, the Company appointed Peter Bartholow to the Company's Board of Directors with a term expiring at the Company's 2022 Annual Meeting of Shareholders. The Company will also include Bartholow on its slate of candidates standing for election at the 2022 Annual Meeting. Bartholow is the former Chief Financial Officer and Chief Operations Officer and board member of Texas Capital Bancshares (TCBI). Additionally, Driver Management has agreed to withdraw its notice of intent to nominate director candidates for election at the 2022 Annual Meeting and cease all solicitations or proxies and other activities in connection with the 2022 Annual Meeting, subject to limited exceptions. With respect to each annual or special meeting of the Company's shareholders during the term of the Cooperation Agreement, Driver Management has also agreed to customary standstill provisions and voting commitments, a general release of claims with respect to the Company and its affiliates and to voluntarily dismiss with prejudice any and all claims asserted in any actions against the Company or its affiliates in their entirety.
DTSS

Hot Stocks

09:09 EDT Datasea launches Ultrasonic Sound Air Disinfection with $5M sales agreement - Datasea announced that Shuhai Jingwei - Shenzhen - Information Technology, a subsidiary of the Chinese operating company contractually controlled by the company, has entered into a one-year sales agreement with Yusheng Technology to supply Ultrasonic Sound Air Disinfection Equipment, which incorporates acoustic intelligence powered disinfection. Pursuant to the agreement, Yusheng agrees to purchase no less than 10,000 units of the Ultrasonic Sound Air Disinfection Equipment by September 2023 and the total purchase value under the Agreement would be no less than $5M. Yusheng has placed the order of the first batch and the 1,000 units of the Model KJ600F-T01 and Model KJ750F-T02 will be delivered on or about November 15th.
CLAR

Hot Stocks

09:09 EDT Clarus approves Thrivent increase in shareholder position to up to 9.9% - The board of directors for Clarus Corporation has approved Thrivent Asset Management to be permitted under the Company's Rights Agreement, dated as of February 12, 2008, to increase its beneficial ownership in Clarus to up to an aggregate of 9.9% of the Company's outstanding shares of common stock. Thrivent has beneficial ownership of 1,533,554 shares of the Company's common stock, as publicly disclosed by Thrivent in the Schedule 13F for the quarter ended June 30, 2022, filed by it with the Securities and Exchange Commission on August 16, 2022, which represents approximately 4.1% of the Company's outstanding shares of common stock. The Company's determination to authorize Thrivent's request to raise their stake is conditioned upon, and subject to, Thrivent not increasing its beneficial ownership to more than 9.9% of the Company's outstanding shares of common stock, Thrivent remaining continuously eligible to report its ownership of the Company's common stock on Schedule 13G, and Thrivent increasing its position to in excess of 4.9%, at its discretion, within the next twelve months. In the event that Thrivent subsequently reduces its beneficial ownership to below 4.9%, Thrivent would need to obtain a new approval from the Company's board of directors before seeking to again increase its beneficial ownership to in excess of 4.9% of the Company's outstanding shares of common stock. Thrivent's increased investment is not expected to impact the Company's ability to utilize the remainder of its outstanding Net Operating Loss carryforwards for U.S. federal income tax purposes, which stand at approximately $60.7 million. The Company expects to fully utilize approximately $39.5 million of the NOL carryforwards that expire on December 31, 2022.
VLVLY

Hot Stocks

09:09 EDT Volvo, Universal Technical Institute expand manufacturer-paid training program - Universal Technical Institute and Volvo Car USA are offering a new opportunity for UTI students on the East Coast. The Volvo TEKNIKER Apprentice Program, a 12-week, manufacturer-paid apprentice program, is expanding, and is now offered at Volvo's training facility in Ridgeville, S.C., north of Charleston, in addition to the current location at UTI's Avondale, Ariz. campus. These are the only two locations in the country offering the program.
ERIC

Hot Stocks

09:08 EDT Ericsson selected by Sagebrush Cellular to modernize its network - Sagebrush Cellular, an affiliate of Nemont Telephone Cooperative, announced that it will partner with Ericsson to modernize its network with 5G capabilities. "Ericsson is committed to supporting communication service providers with the most robust and high-performing network solutions. We have the people, technology and experience to move the industry forward - and partnering with communications service providers like Sagebrush allows us to make a real impact," said Eric Boudriau, Vice President and Head of Customer Unit Regional Carriers, Ericsson North America.
SPT

Hot Stocks

09:07 EDT Sprout Social launches Employee Advocacy solution - Sprout Social announced the launch of its rebranded advocacy solution, Employee Advocacy by Sprout Social. With this solution, users can create and publish their employee-driven amplification efforts from Sprout's comprehensive social suite. Today's social media climate comes with a new set of challenges to solve, from algorithmic shifts to increasingly crowded feeds. To overcome those challenges, brands are leveraging the social media influence of their own employees-more than two-thirds of marketers report that their organizations have an advocacy program for social. Marketers note using these programs to increase brand awareness and garner more qualified leads, underscoring the incredible opportunity advocacy presents for businesses to reach new audiences and drive sales.
AGRI

Hot Stocks

09:07 EDT AgriFORCE Growing Systems appoints Andre Beaulieu as General Counsel - AgriFORCE Growing Systems appointed Andre Beaulieu as General Counsel. Beaulieu is joining the company from Traction Sales and Marketing, North America's largest dedicated Salesforce consulting firm, where he served as SVP, Head of Legal. Prior to his work at Traction Sales and Marketing, Beaulieu had been the General Counsel for Finning International, the British Columbia Automobile Association, the Insurance Corporation of British Columbia and Pivotal Corporation.
CPSH

Hot Stocks

09:05 EDT CPS Technologies announces follow-on $8.8M order for HybridTech Armor - CPS Technologies has received an additional follow-on purchase order valued at $8.8M for HybridTech Armor panels from Kinetic Protection, the Navy's prime contractor. The panels are an integrated component of advanced ballistic shields developed in support of ballistic protection system upgrades on U.S. Navy Aircraft Carriers and other surface ships. This recent purchase order will equip additional Navy ships with enhanced ballistic protection for crew-served weapons stations. This order by Kinetic Protection represents the largest single order in the company's 38-year history.
DNAY

Hot Stocks

09:04 EDT Codex DNA announces commercial release of BioXp Error-corrected Libraries kits - Codex DNA announced commercial release of BioXp Error-corrected Libraries kits that enable researchers to automate synthesis of DNA variant libraries on the award-winning BioXp automated synthetic biology workstation.
CLSK BTC

Hot Stocks

09:04 EDT CleanSpark releases September 2022 Bitcoin mining update - CleanSpark (CLSK) released its unaudited Bitcoin (BTC) mining and operations update for the calendar year-to-date ending September 30, 2022. The company increased hashrate by 21% in a single month. Bitcoin balance has increased by 13% month-over-month. Bitcoin mined in September: 448, up 13% from August 2022. Calendar year-to-date bitcoin mined: 3,090. Total BTC holdings as of September 30: 594, a 13% increase in HODL balance. Total BTC converted for operations and growth in September: 380, or 2% less than August 2022. Currently deployed fleet hashrate of 4.16 EH/s, up 21% from August 2022 and 316% from September 2021. The company funded growth and operations through the sale of 380 bitcoins in September 2022 at an average of approximately $19,783 per BTC. Sales of BTC equated to proceeds of approximately $7.5M. September daily BTC mined reached a high of 16.74.
AMPL

Hot Stocks

09:03 EDT Amplitude announces Tifenn Dano Kwan as Chief Marketing Officer - Amplitude announced the appointment of Tifenn Dano Kwan as its new Chief Marketing Officer. "With a track record for driving product-led growth, building strong teams, and accelerating pipeline, Dano Kwan will oversee all aspects of Amplitude's marketing organization. She will join Amplitude's executive leadership team and report to Thomas Hansen, Amplitude's President," the company added.
PRFX

Hot Stocks

09:03 EDT PainReform on track to commence Phase 3 trial of PRF-110 in November - PainReform provided an update regarding the added benefits in its PRF-110 manufacturing process. This new process is expected to not only aid the manufacturing of clinical stock for the Phase 3 clinical study about to begin, but also deliver benefits into the future. Ilan Hadar, CEO of Pain Reform, stated, "The process improvements we achieved will further enhance efficiency, scalability and other aspects of the manufacturing process. Among these improvements was the addition of terminal filtration for PRF-110, which we believe will help ensure the highest quality batch production, as well as support our planned commercial manufacturing. I'm also pleased to report we remain on track to commence our Phase 3 clinical trial in bunionectomy in November 2022 and look forward to providing further updates."
FDX

Hot Stocks

09:03 EDT FedEx enters $1.5B accelerated share repurchase agreement - FedEx announced that it has entered into an accelerated share repurchase agreement, or ASR, with Morgan Stanley & Co. as part of the company's previously announced share repurchase program. Under the terms of the ASR, FedEx has agreed to repurchase an aggregate of $1.5B of its common stock from Morgan Stanley, with an initial delivery of approximately 7.9M shares based on current market prices. The final number of shares to be repurchased under the ASR will be based on a discount to the average of the daily volume-weighted average stock prices for Rule 10b-18 eligible transactions in FedEx's common stock during the term of the ASR. Purchases under the ASR are expected to be completed prior to the end of FedEx's current fiscal year. FedEx may continue to repurchase shares in the open market from time to time subject to market and other conditions.
DBKSF

Hot Stocks

09:00 EDT DigiMax creates U.S. subsidiary for Spetz - DIGIMAX GLOBAL announced that it has incorporated a wholly-owned Delaware-based subsidiary, Spetz. Spetz US will seek to develop partnerships and take necessary steps to scale prior to officially launching, including attracting early service provider registrations. The entity will own and manage operations throughout the US and will launch on a regional basis within the country. Spetz US will leverage Spetz's international software platforms to replicate Spetz's existing business strategy which it has carried out in the United Kingdom, Australia, and Israel. The incorporation of separate entities for each of Spetz's international subsidiaries helps satisfy the regulatory requirements of each respective market. DigiMax and Spetz would like to invite US-based service providers to join the Spetz platform prior to the official launch. Registration for the Spetz platform for those interested individuals or companies will commence October 15, 2022, at www.spetz.app/us. Spetz will be offering valuable early-adopter incentives for those who register on its US platform in advance. Spetz is seeking to register home services providers, home improvement and repair providers, healthcare providers, legal services providers, accounting/bookkeeping service providers, and automotive services.
FCRD

Hot Stocks

08:58 EDT First Eagle Alternative Capital BDC Inc trading halted, news pending
SUI

Hot Stocks

08:58 EDT Sun Communities continues to evaluate impact of Hurrican Ian - Sun Communities is providing a preliminary assessment of the impact of Hurricane Ian on the Company's properties in Florida.The Company has access to all its properties and assessments are in the early stages. Restoration and cleanup activities have begun at all affected properties. Convoys of supplies, food, travel trailers, and trucks, all assembled and organized by Sun team members, have been delivered to Sun's Florida properties. The Company continues to evaluate the impact of the storm. Three RV properties in the Fort Myers area, comprising approximately 2,500 sites, sustained significant flooding and wind damage from the hurricane. Additionally, the sea wall and docks at one marina in the area were damaged. At other affected MH and RV properties, most of the damage appears to be limited to trees, roofs, fences, skirting, and carports. At other affected marina properties, docks, buildings, and landscaping sustained limited wind and water damage. The Company maintains property, casualty, flood, and business interruption insurance for its portfolio of communities, subject to customary deductibles and limits. Additionally, through its Sun Unity program, the Company has launched a charitable giving campaign for hurricane relief with a matching corporate contribution
AMPE

Hot Stocks

08:54 EDT Ampio announces NYSE American has commenced delisting proceedings - Ampio Pharmaceuticals received written notification from NYSE American stating that the staff of NYSE Regulation has determined to commence proceedings to delist the Company's common stock from the Exchange. Trading in the Company's common stock was suspended. NYSE Regulation staff determined that the Company is no longer suitable for listing pursuant to Section 1033(f)(v) of the NYSE American Company Guide due to the abnormally low trading price of the Company's common stock. The Exchange's application to the Securities and Exchange Commission to delist the Company's common stock is pending, subject to the completion of the Exchange's applicable procedures, including any appeal by the Company of NYSE Regulation's decision. The Company has a right to an appeal of this determination by the Exchange, provided that the Company files a written request for such review within seven calendar days after receiving the notice. The Company's Board of Directors is currently considering whether to appeal the Exchange's determination to commence delisting proceedings. In the meantime, the Company's common stock will trade on the OTC Pink under the symbol "AMPE."
IMVT

Hot Stocks

08:50 EDT Immunovant announces pricing of $75M underwritten offering of common stock - Immunovant announced the pricing of an underwritten offering of 12,500,000 shares of its common stock at an offering price of $6.00 per share. Investors who have agreed to purchase shares in the offering include Logos Capital, Deep Track Capital, Frazier Life Sciences, TCGX, BVF Partners L.P., Commodore Capital, and an undisclosed healthcare specialist fund. Before deducting the underwriting discounts and commissions and offering expenses, the company expects to receive total gross proceeds of $75.0 million. The company intends to use the net proceeds from this offering, together with its existing cash, to accelerate the development of IMVT-1402, including the funding of a proposed pivotal trial. The company expects its existing cash and proceeds from the offering to fund the company into the second half of calendar year 2025. All of the shares are to be sold by the company. The offering is expected to close on or about October 6, 2022, subject to satisfaction of customary closing conditions. SVB Securities and Truist Securities are acting as joint bookrunning managers for the offering. LifeSci Capital LLC and H.C. Wainwright & Co. are acting as co-managers for the offering.
NEOV

Hot Stocks

08:49 EDT NeoVolta selected by American Development Partners for nationwide integration - NeoVolta's systems will be deployed in over 750 free standing pain management clinics. This initial phase of installations is part of an expected nationwide rollout of NeoVolta batteries in 1,000s of American Development Partners - ADP - properties across the country over the next four years. Together with American Development Partners, NeoVolta will provide energy storage systems and intelligent power management for buildings across the country.
BTCY

Hot Stocks

08:48 EDT Biotricity surpasses 2B recorded, analyzed heartbeats for AFib - Biotricity announced a significant milestone of recording and analyzing over 2 billion heartbeats for Atrial Fibrillation, the most common type of cardiac arrhythmia and a leading cause of stroke. Bioflux, Biotricity's high-precision, single-unit mobile cardiac telemetry device that provides real-time monitoring and transmission of the patient's ECG information, has captured billions of heartbeats to date, monitored in real-time by Bioflux's built in algorithms, certified cardiac technicians and benchmarked by Artificial Intelligence. Leveraging the Company's proprietary AI, over 2 billion of the total heartbeats to date have been segmented for AFib analysis. According to Emergen Research, the global recurrent market for AFib is expected to reach USD$26 billion by 2027, growing at a CAGR of 13.2%. This large data set provides further benefits for patients, providers and ultimately clinical research for the future of predictive monitoring. Additionally, it allows Biotricity to scale faster and operate more efficiently, develop better automation, yielding growth and better margins in the future. The consistent focus on R&D and data capture has positioned Biotricity with a significant competitive advantage in key cardiac segments of the market, such as AFib.
OMQS

Hot Stocks

08:47 EDT Omniq awarded contract for fiftieth North American airport location - omniQ has received a contract to deploy their AI enhanced parking and security solution to its 50th Airport Location, Duluth International. OmniQ's latest AI based vehicle recognition system consisting of fixed sensor License Plate Recognition along with mobile and handheld Machine Vision technology and its machine vision AI based solution is capable of recognizing the license plate number, the color of the car and the model along with state jurisdiction.
VIVE

Hot Stocks

08:47 EDT Viveve announces notice of allowance for U.S. method patent for treating SUI - Viveve Medical announced the Company received a Notice of Allowance from the United States Patent and Trademark Office for U.S. Patent Application 16/454,578 covering Viveve's unique dual-energy treatment to address SUI in women. The pending issuance of the new SUI patent further strengthens the Company's intellectual property portfolio in advance of the planned completion of its U.S. pivotal PURSUIT clinical trial by the end of the year and reporting of topline results in early 2023.
SONN

Hot Stocks

08:46 EDT Sonnet BioTherapeutics regains compliance with Nasdaq minimum bid price rule - Sonnet BioTherapeutics received notice from The Nasdaq Stock Market on October 3, 2022 informing Sonnet that it has regained compliance with the minimum bid price requirement under Nasdaq Listing Rule 5550(a)(2) for continued listing on The Nasdaq Capital Market. In order to regain compliance with the Rule, the Company's common stock was required to maintain a minimum closing bid price of $1.00 or more for at least 10 consecutive trading days. That requirement was met on September 30, 2022.
SERA

Hot Stocks

08:45 EDT Sera Prognostics announces collaborations with Sonrava, Cerebrae - Sera Prognostics, Sonrava Health, and Cerebrae are collaborating to provide Sera's PreTRM Test to members of Sonrava Health's employer-sponsored health insurance program. The PreTRM Test is the only broadly clinically validated, commercially available blood test that provides an early, individual risk assessment for spontaneous preterm birth in asymptomatic, singleton pregnancies. Sonrava Health partners with Cerebrae to evaluate and design their value-based employee healthcare benefits offering. Using the Cerebrae Platform, Sonrava Health was able to forecast the financial return on investment that inclusion of the PreTRM Test is expected to provide its employees and their growing families.
MBOT

Hot Stocks

08:44 EDT Microbot Medical appoints David Madoff to Scientific Advisory Board - Microbot Medical appointed David Madoff to its Scientific Advisory Board. Madoff is Professor of Radiology and Medical Oncology, Vice Chair for Clinical Research and Section Chief of Interventional Radiology at Yale School of Medicine. Madoff's clinical interests have included visceral vascular, hepatobiliary, and genitourinary interventions, various embolotherapy and percutaneous biopsy techniques and specialized therapies within Interventional Oncology.
XPL

Hot Stocks

08:44 EDT Solitario receives assay results from Golden Crest Project - Solitario Zinc reports that it has received assay results for an additional 23 surface trench samples for the Downpour prospect at its Golden Crest Project, South Dakota. These new results significantly enhance the previously reported 27 surface trench samples and extend the Downpour Zone mineralization in three directions. The combined trenching highlights include: Trench 1: 33.0 meters @ 17.19 grams per tonne gold. Additional new sampling at the western margin of Trench 1 increased the average grade and added to its length by six meters over the previously reported results. Trench 2: 60.0 meters @ 8.55 gpt gold Trench 2 is oriented roughly north-south and perpendicular to Trench 1. Thirty meters of significant new assay results were added to the southern end of the previously reported 30 meters. Trench 3: 12.0 meters @ 0.56 gpt gold No new assay results are reported for Trench 3. Trench 4: 15.0 meters @ 2.13 gpt gold. Additional new sampling to the east of Trench 4 added three meters to reported mineralization. This trench is situated about 9 meters east of the end of Trench 1. Soil cover is too deep between Trench 1 and 4 to obtain a representative sample. Trench 5: 12.0 meters @ 14.54 gpt gold. Trench 5 is a new trench and all assays are newly reported. Trench 5 is roughly perpendicular to Trenches 1 and 2 and further confirms the high-grade nature of this area of Downpour. Chris Herald, President and CEO of Solitario, stated: "Our exploration team continues to expand exceptional surface gold mineralization at Downpour, and to confirm excellent continuity of mineralization. We are encouraged by recent work further afield at Downpour to gain a better understanding of the scope of this exciting new gold system. The Downpour system appears to be present for several hundred meters in at least two directions and remains open. In addition to our work at Downpour, we have collected approximately 700 rock and trench samples from other newly discovered prospects over a widespread area on Solitario's large and expanding land position. These samples are in-process for gold assays, and we look forward to reporting new results for the remainder of the year."
ACIU

Hot Stocks

08:42 EDT AC Immune opens new centers in Phase 1b/2 ACI-24 trial in AD and Down Syndrome - AC Immune provided an update on the Phase 1b/2 ABATE study of its anti-amyloid-beta vaccine candidate ACI-24.060 in patients with prodromal Alzheimer's disease - AD - and individuals with Down syndrome. With regulatory clearances now in both the UK and Spain, clinical sites are open and recruiting. ABATE is an ongoing phase 1b/2 trial evaluating the safety, tolerability, immunogenicity and pharmacodynamic effect of ACI-24.060. AC Immune is preparing to submit a U.S. Investigational New Drug application in Q1 2023. The first interim analysis of the Phase 1b part of the study is expected around the end of 2022, enabling progression into Phase 2 in individuals with DS.
QUIK

Hot Stocks

08:42 EDT QuickLogic partners with ChipMotion for eFPGA implementations in SoC designs - QuickLogic announced that it has signed an agreement with Hefei ChipMotion Microelectronics to provide turnkey eFPGA design support for SoC designs. Through this agreement, ChipMotion will utilize QuickLogic's Australis generated eFPGA IP to make it easy for SoC developers to add post-manufacturing design flexibility to their devices. This will greatly expand ChipMotion's existing role as a distributor of eFPGA IP in China by adding these new design services. "ChipMotion is extremely experienced in SoC design and development," said Mao Wang, senior director of product marketing at QuickLogic. "Now they will be able to add value in a new way for their customers by offering the option of integrating eFPGA technology into their SoCs."
DUOT

Hot Stocks

08:41 EDT Duos Technologies Group announces expanded subscription offerings - Duos Technologies announced an expanded business plan to build, own, and operate railcar inspection portals at strategic locations within the North American rail network. Following the close of a capital raise currently underway, Duos will initiate procurement for equipment & components and commence manufacturing of the first two Duos-owned Subscription RIPs. The Subscription RIPs will be 100% owned and operated by Duos supplying near real-time machine vision-based data and artificial intelligence-based detections to railcar owners who subscribe to these enhanced services. Duos currently has 11 RIPs in operation and expects to have 15 RIPs installed by the end of Q1, 2023 in support of current Class 1 and transit customers. Duos is targeting to install up to five additional Subscription RIPs during the second half of FY2023 finishing the year with a total of 20 RIPs in operation.
BBIG

Hot Stocks

08:41 EDT Vinco Ventures announces Miller as CEO, settlement of litigation - Vinco Ventures announced that a settlement agreement was reached on September 28, 2022, in the Company's litigation in the State of Nevada. Pursuant to the agreement, Ross Miller is named CEO of Vinco, to run the Company under the oversight of the Board of Directors. Also, the Company has appointed Gabe Hunterton as President of Vinco. Lisa King and Rod Vanderbilt remain on Board of Directors. They will be joined by two new independent directors, Brian Hart and Jesse Law, filling two of three vacant director seats following the resignations of John Colucci, Michael Distasio, and Elliot Goldstein. As part of the settlement of the litigation, John Colucci, former Co-CEO and Independent Director, and Philip Jones, former CFO, have resigned from their positions at the Company eliminating all ties with Vinco Ventures, effective immediately. "With the settlement agreement, and litigation behind us, Vinco's leadership team is aggressively working together towards the completion of our quarterly filings as well as working closely with the Zash and ZVV management teams to work towards completion of the combination of these companies as soon as possible," said Ross Miller, CEO of Vinco. "We are laser-focused on providing transparency and creating value for our shareholders, as well as upcoming business initiatives. We have the platforms, technologies, and human capital in place - now, it is time to execute."
BLIN

Hot Stocks

08:39 EDT Bridgeline Digital wins over $1M in SaaS license sales in Q4 - Bridgeline Digital provided an update for the end of its Q4. Bridgeline reported 28 SaaS license sales totaling over $1M in total contract value with $340K in annual recurring revenue for its 4Q22. Bridgeline's cross-selling and upsell strategy remains strong, with 13 license sales to its existing customer base on top of 15 newly won customers. Existing Bridgeline customers including HP, 7-Eleven, and SAGE Publishing expanded their commitment to Bridgeline this quarter with further investments in Bridgeline software and services. Bridgeline also saw customer subscription renewals with more than 100 renewing customers including Caterpillar, AstraZeneca, Hammacher Schlemmer, and Coca-Cola Europacific Partners. Last quarter more than 80% of Bridgeline's revenue was from subscriptions and it expects this to continue with subscriptions representing the vast majority of its revenue.
STLD

Hot Stocks

08:39 EDT Steel Dynamics completes acquisition of ROCA ACERO - Steel Dynamics announced the completion of its acquisition of ROCA ACERO, S.A. de C.V. as part of its North American raw material procurement strategy. The transaction was funded with available cash. ROCA operates a ferrous and nonferrous scrap metals recycling business comprised of five scrap processing facilities strategically positioned near high-volume industrial scrap sources located throughout Central and Northern Mexico. "We sincerely welcome the ROCA team into the Steel Dynamics and OmniSource Mexico families to further solidify our growth strategy," said Mark D. Millett, Chairman, President, and Chief Executive Officer. "Combined with our existing metals recycling facilities in Mexico, the addition of ROCA significantly strengthens our ferrous and nonferrous raw material procurement strategy in the region. We believe our Mexican metals recycling facilities will provide a meaningful advantage to our electric-arc-furnace steel operations and planned aluminum flat rolled products operations, while also providing a high-quality, customer-centric option for our customers in Mexico and the United States. We are very excited to welcome and learn from the entire ROCA team."
TGB

Hot Stocks

08:38 EDT Taseko Mines provides Florence Copper permitting update - Taseko Mines provides an update on the federal permitting process for its Florence Copper project. The U.S. Environmental Protection Agency has now concluded the public comment period for the draft Underground Injection Control permit that it issued in August 2022. Public comments submitted to the EPA have demonstrated strong support for the Florence Copper project among local residents, business organizations, community leaders and state-wide organizations. Over 98% of written comments were supportive of the project and supplement the unanimous public support voiced at the EPA's public hearing on September 15, 2022. Taseko has reviewed all of the submitted comments and is confident they will be fully addressed by the EPA during their review, prior to issuing the final UIC permit. "We have taken considerable time and worked extremely hard to demonstrate the environmental and societal benefits of our Florence Copper project. Florence Copper will have one of the lowest carbon footprints of any copper mine in the world and will produce a critical metal needed for the United States domestic market," stated Stuart McDonald, President and CEO of Taseko.
ITI

Hot Stocks

08:37 EDT Iteris gets $2.95M task order by Federal Highway Administration - Iteris announced that it has received a fourth task order with funding of $2.95M under its indefinite delivery/indefinite quantity, IDIQ, contract from the Federal Highway Administration, FHWA,to provide continued development, evolution and deployment support for the Intelligent Transportation Systems reference architecture program. The new task order agreement, which is part of a five-year IDIQ contract with a contract ceiling of up to $19.5 million, will continue to support the evolution of the Architecture Reference for Cooperative and Intelligent Transportation content to reflect changes in ITS, and connected and automated vehicle developments. The program supports statewide and regional ITS planning and deployment to encourage interoperability and CAV preparedness through workshops, training and technical assistance. An important aspect of the program is alignment with and support for standards development activities, as well
NGMS

Hot Stocks

08:37 EDT Neogames subsidiary Pariplay approvd as supplier in Connecticut - NeoGames subsidiary Pariplay has been approved as a supplier in Connecticut, the fifth state in which the company is now able to operate in the U.S. The supplier has been given its Online Gaming Service Provider and Gaming Services Registration Exemption, provided by the State of Connecticut, as well as its Mashantucket Pequot Tribal Nation license. Operators throughout the State will now be able to partner with Pariplay and gain access to its Fusion platform of more than 14,000 titles from over 80 providers. The Connecticut license becomes the fifth awarded to Pariplay in the US, following Pennsylvania, Michigan, West Virginia and New Jersey. In addition, the company is live in Alberta and Ontario, Canada, and will soon be available in five other Canadian provinces.
RSSS

Hot Stocks

08:36 EDT Research Solutions announces acquisition of customers from FIZ Karlsruhe - Research Solutions announced that it will acquire selected customer contracts for the AutoDoc service of FIZ Karlsruhe, the only European full-service document delivery supplier with central billing and international delivery. AutoDoc has about 700 global customers, approximately 400 of which are active on a TTM basis. "The acquisition of FIZ Karlsruhe's AutoDoc customers provides us with an increase in transaction revenues and a cross-sell opportunity to upgrade those customers to our full Article Galaxy Platform," said Roy Olivier, President and Chief Executive Officer of Research Solutions. "This transaction serves to expand our customer base, both in size and geography, while we continue to look at larger M&A opportunities that can add recurring revenue and Adjusted EBITDA to the business, while accelerating our product and business strategy." FIZ will be terminating their AutoDoc offering and the transaction provides the opportunity for any customer that has transacted through AutoDoc in the last three years to have their contract assumed by Research Solutions. AutoDoc's customers have been notified they can opt to have Research Solutions assume their contract effective January 1st, 2023.
MINM TGT

Hot Stocks

08:35 EDT Motorola Network Mesh System portfolio expands to Target.com - Minim announces the expansion of its e-commerce offering at Target.com to include its first WiFi 6 Mesh System from the full portfolio of Motorola intelligent networking devices. Launched in Q4 2021, the Motorola MH7602 WiFi 6 Mesh System is now available online at Target.com, the fifth largest e-commerce platform in the United States. For the first time, Target.com shoppers with Gigabit speed internet will have more ways to upgrade their home networks with the availability of the WiFi 6 Motorola mesh system.
NTRA

Hot Stocks

08:35 EDT Natera announces publication of latest data from Trifecta study - Natera announced the publication of the latest data from the Trifecta study in Transplantation. The investigators found that in predicting antibody mediated rejection, AMR, donor-derived cell-free DNA, dd-cfDNA, testing with the Prospera Kidney test was superior to the current standard of care, donor-specific antibody, DSA, testing. In the study, both components of the Prospera two-threshold algorithm, dd-cfDNA donor fraction and estimated amount of dd-cfDNA, outperformed DSA in identifying AMR. Societal guidelines currently recommend DSA testing as standard practice for monitoring AMR, highlighting a compelling consideration for the broader use of dd-cfDNA in kidney transplantation. This manuscript is the latest out of the Trifecta study, led by principal investigator Phil Halloran, M.D., Ph.D., director of the Alberta Transplant Applied Genomics Centre.
AIRI

Hot Stocks

08:34 EDT Air Industries announces 1 for 10 reverse stock split - Air Industries Group announced a reverse stock split of its issued and outstanding common stock, par value $0.001 per share, at a ratio of one share of common stock for every ten shares of common stock, effective as of 12:01 a.m. on October 18 .
VOD CKHUY

Hot Stocks

08:34 EDT Vodafone confirms talks with CK Hutchison on possible Three UK deal - On October 3, Vodafone issued the following statement: "Vodafone Group Plc notes the recent press speculation in relation to Vodafone UK and Three UK. Vodafone confirms that it is in discussions with CK Hutchison Holdings Limited in relation to a possible combination of Vodafone UK and Three UK. The envisaged transaction would involve both companies combining their UK businesses, with Vodafone owning 51% and our partner CK Hutchison owning 49% of the combined business. The relative ownership would be achieved through a differential leverage contribution at closing, and no cash consideration will be paid. The UK Government rightly sees 5G as transformational for the economy and society and critical to the UK becoming more competitive in an increasingly digital world. The conditions to ensure thriving competition in the market need to be nurtured, otherwise the UK is at risk of losing the opportunity to be a 5G leader. As Ofcom has identified, some operators in the UK - Vodafone UK and Three UK - lack the necessary scale to earn their cost of capital. By combining our businesses, Vodafone UK and Three UK will gain the necessary scale to be able to accelerate the rollout of full 5G in the UK and expand broadband connectivity to rural communities and small businesses. The merged business would challenge the two already consolidated players for all UK customers and bring benefits through competitively priced access to a third reliable, high quality, and secure 5G network throughout the UK. There can be no certainty that any transaction between the two companies will ultimately be agreed. If required, a further announcement will be made when appropriate." Reference Link
ADEA

Hot Stocks

08:34 EDT Adeia renews long-term intellectual property license with Foxtel - Adeia announced that Foxtel, Australian pay-TV platform, has signed a multi-year intellectual property license renewal. This agreement offers Foxtel's pay-TV platform as well as Foxtel's online streaming platforms, including Foxtel Now, Kayo, and Binge, ongoing access to Adeia's media technology patent portfolio.
SVFD

Hot Stocks

08:34 EDT Save Foods hosts executives from LATAM food, agricultural companies - Save Foods hosted a delegation of approximately 100 senior executives from leading multinational food and agriculture companies at the Company's R&D center in Neve Yarak, Israel. The delegation, organized by the Israel Export Institute and led by PepsiCo is focused on finding new technologies to streamline produce production. The LATAM delegation, which is comprised of industry leading produce exporters and food companies from Mexico, Brazil, Columbia, Peru, Argentina, and Chili, is scouting technologies to streamline and improve in areas such as: extending shelf life, automation of picking processes, dedicated sorting processes for agricultural produce, technologies for optimizing the supply chain, and the automation of irrigation.
DUK

Hot Stocks

08:33 EDT Duke Energy outlines progress on clean energy transition - Duke Energy provided an update on its strategy to meet customers' need for affordable, reliable and increasingly clean energy. The company's planned investment of $145B over the next 10 years for critical energy infrastructure is essential to meeting these customer needs and achieving net-zero carbon emissions by 2050 while also creating substantial economic benefits for the communities it serves. "Our customers' expectations are clear - they want affordability and reliability to remain a central focus as we work to achieve net-zero carbon emissions by 2050," said Lynn Good, Duke Energy chair, president and CEO. "We look forward to continuing our collaboration with customers, regulators, community leaders and other stakeholders to meet these expectations. These critical energy infrastructure investments will also provide substantial economic benefits, including job creation and tax revenue for essential governmental services in our regions."
KULR

Hot Stocks

08:33 EDT KULR Technology receives initial $500K deployment order from DoD contractor - KULR Technology has received an initial deployment order totaling over $500K from a Department of Defense contractor, with future considerations up to the multi-million-dollar amount over the next year. KULR's technology will be utilized by the American manufacturer of spacecraft components and instruments for national defense, civil space and commercial space applications to support its Air-to-Air Missile shipping program. This initial deployment order is for immediate delivery with the potential for a multi-million-dollar deployment order to run through 2023.
RILY

Hot Stocks

08:32 EDT B. Riley's GA Europe partners with CM Sports - GA Europe, a B. Riley Financial company, announced it is working with CM Sports GmbH to revitalize RENO, a leading German shoe chain. GA Europe will work together with CM Sports to strategically realign RENO's store footprint and restock stores with fresh inventory to position the shoe chain for future success. In connection with CM Sports' recent acquisition of RENO, GA Europe has purchased store and warehouse inventory, and certain other assets, and will lead the sale of existing inventory to allow for new merchandise to be introduced into RENO stores. RENO has approximately 290 retail locations across Germany, Austria, and Switzerland.
WEAV

Hot Stocks

08:32 EDT Weave appoints Brett White as CEO - Weave announced the appointment of Brett White as CEO. White joined Weave's executive team as president and COO in April after serving on the board of directors since June 2020. White was appointed Interim CEO in August when Roy Banks resigned due to health and family reasons. Prior to his work with Weave, White served as COO and CFO at wellness software provider Mindbody and has a background as a public company executive with a focus in SaaS and Payments. White will continue to serve as a director on Weave's board.
NBIO

Hot Stocks

08:30 EDT Nascent Biotech begins enrollment of final patient cohort for Phase 1 trial - Nascent Biotech announced that the Company has enrolled the first patient of the fifth and final cohort of its Phase I clinical trial to evaluate Pritumumab as a treatment for Primary and Metastatic Brain Cancers. Following completion of dosing of the Fifth Cohort, the Company will prepare data for submission to the FDA in preparation for Phase II clinical research. PTB is a natural human antibody that binds to Cell surface Vimentin, a protein expressed on the surface of epithelial cancers. PTB is used as a targeted immunotherapy and seek out only cancer cells without damaging healthy cells.
AEP

Hot Stocks

08:30 EDT American Electric shares updates on strategic initiatives, planned investments - American Electric Power plans to invest in its regulated businesses, accelerate its carbon reduction targets and streamline the business to drive value for customers, communities and investors. The company plans to invest $40B in capital from 2023 through 2027 with an emphasis on transmission, distribution and renewable energy. AEP will allocate $26B to transmission and distribution operations to continue building a modern, efficient, reliable and resilient energy grid. During the same period, AEP plans to invest $9 billion in regulated renewable generation. As the company transitions to a clean energy future, AEP is adjusting its near-term carbon dioxide emission reduction target from a 2000 baseline to a 2005 baseline, upgrading its 80% reduction by 2030 target to include full Scope 1 emissions and accelerating its net-zero goal by five years to 2045. "AEP has a proven track record of reducing fleet emissions and repeatedly has reached our goals ahead of schedule," said Nicholas K. Akins, AEP chair and chief executive officer. "Raising our carbon reduction targets reflects our progress in reducing our environmental footprint and delivering more low-emissions energy to our customers. We're confident we can continue this momentum to a net-zero future by integrating more clean energy resources, strengthening the energy grid and harnessing the power of emerging technologies. In addition to environmental benefits, renewable resources offer stability for customers from fuel price volatility." AEP announced Sept. 30 that it expects to complete the sale of its Kentucky operations to Liberty in January 2023. Earlier this year, AEP also announced it would sell its portfolio of contracted, unregulated renewable energy assets. The sales process for those renewable resources began in August 2022 and is on track to close during the second quarter of 2023. AEP also will initiate a strategic review of its retail business as part of its ongoing strategy to de-risk and streamline the company.
XGN

Hot Stocks

08:27 EDT Exagen appoints Andrew Concoff as CIO - Exagen announced the appointment of Andrew L. Concoff M.D. FACR, CAQSM as Chief Innovation Officer. In this role, Dr. Concoff will lead the company's rheumatoid arthritis medical initiatives, including the AVISE RADR platform. Dr. Concoff will be a key principal in strategy, business development, portfolio management, pipeline prioritization, and formation of new business ventures, as well as the advancement of innovative access partnerships with payors and governments globally. Dr. Concoff joins Exagen from United Rheumatology, where his work as Executive Vice President, Chief Medical Officer enables him to create, model, and implement value-based programs with payors, quality improvement initiatives with pharmaceutical manufacturers, and other clinical care innovations with stakeholders across the musculoskeletal ecosystem.
XBIO

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08:26 EDT Xenetic appoints Allan Tsung to Scientific Advisory Board - Xenetic Biosciences announced the appointment of Allan Tsung, MD to its Scientific Advisory Board. He currently serves as Chair of the Department of Surgery at the University of Virginia School of Medicine and Director of the Cancer Therapeutics program at the University of Virginia Comprehensive Cancer Center.
TCYSF

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08:26 EDT Tecsys healthcare supply chain software adds receiving functionality - Tecsys announces a key milestone for its end-to-end Elite Healthcare supply chain execution platform with the launch of Elite Healthcare Receiving, a hospital receiving application that seamlessly integrates receiving and delivery processes into a health system's supply chain operations. This keystone in Tecsys' end-to-end healthcare supply chain portfolio means that there is no process gap from dock to doc, connecting historically disconnected operational silos. "This solution is a true testament to our end-to-end value proposition in healthcare, and widens the capability gap even more between Tecsys' Elite Healthcare platform and other point solutions on the market," explains Cory Turner CMRP, senior director of Healthcare Strategy. "By integrating the hospital receiving function as part of the holistic supply chain execution process, we are eliminating the typically accepted gap between warehouse and distribution management and in-hospital inventory management."
CWBHF

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08:24 EDT Charlotte's Web announces national distribution partnership with Gopuff - Charlotte's Web announced a national distribution partnership with Gopuff. Charlotte's Web offerings first launched on Gopuff this summer in select markets, including Arizona, Illinois, California and New York and will continue to expand nationwide throughout 2022 and 2023. "In the United States, consumer access to hemp wellness is still in its infancy," said Jacques Tortoroli, Charlotte's Web Chief Executive Officer. "Our mission is to make CBD broadly available, accessible - and convenient. With Gopuff, we are making access more convenient than ever with instant delivery for our consumers. So whether it's a sudden need for Charlotte's Web sleep, stress or recovery gummies, soothing CBD oils or topicals, or even calming pet chews for an overly excited canine, Gopuff can help us answer the call - in minutes. For Charlotte's Web, this is yet another example of our commitment to expand our customer portfolio as the market leader and penetrate new industry verticals."
RCI

Hot Stocks

08:23 EDT Rogers Bank launches Rogers Connections Mastercard - Rogers Bank announced the launch of the new Rogers Connections Mastercard, the latest in the company's reward-rich suite of credit card options for Canadians. The new card delivers cash back rewards and tangible Rogers benefits, reaffirming Rogers commitment to providing innovative products and value to Rogers customers. With the Rogers Connections Mastercard, Rogers Wireless customers can stay connected while travelling with five Roam Like Home days at no cost every year, just in time to help cardholders get more out of the winter travel season. This first-of-its-kind card benefit - available for travel in more than 185 destinations - provides up to $75 value each year and is only available from Rogers Bank.
MDXG

Hot Stocks

08:21 EDT MiMedx appoints Matt Notarianni as Head of Investor Relations - MiMedx appointed Matt Notarianni as Head of Investor Relations - IR -, effective immediately. Notarianni most recently served as head of IR for Cerus Corporation. Jack Howarth, MiMedx Senior VP of Investor Relations, will continue to support the MiMedx IR function until his planned retirement at the end of this year. Prior to his role at Cerus, Notarianni was at Immucor from 2012-2021, serving most recently as Senior Director, Corporate Development & External Communications. He began his career as an equity research analyst at Robert W. Baird & Co. covering the life science tools and diagnostics space.
BMY

Hot Stocks

08:21 EDT Bristol-Myers, SyntheX enter research collaboration agreement - SyntheX announced a research collaboration and license agreement with Bristol Myers Squibb to discover, develop and commercialize novel small molecules using SyntheX's ToRNeDO platform for protein degradation. The collaboration will focus on discovering molecular glue degraders. Under the terms of the agreement, SyntheX will receive a combined upfront of cash and an investment and is eligible for up to $550M in performance-based milestone payments, as well as royalties on global net sales of products. "Bristol Myers Squibb is a globally recognized pharmaceutical leader, and we are excited to work with them in targeted protein degradation, an extremely exciting scientific field with vast drug development opportunities," said Maria Soloveychik, Ph.D., Co-Founder and Chief Executive Officer of SyntheX. "We look forward to combining our ToRNeDO platform with Bristol Myers Squibb's clinical development expertise as we work to discover and deliver the next-generation of TPD therapies for patients in need."
CYTH

Hot Stocks

08:21 EDT Cyclo Therapeutics begins Phase 2b Study Trappsol Cyclo for Alzheimer's - Cyclo Therapeutics announced the commencement of its Phase 2b study of Trappsol Cyclo for the treatment of early Alzheimer's disease , targeting the reduction of amyloid beta and tau. The Phase 2b study has the regulatory and IRB approval required to commence patient enrollment, with site activation now underway. Cynthia A. Lemere, PhD, Senior Advisor for the Company's Alzheimer's disease asset, commented: "I am excited to see the launch of Cyclo Therapeutics' 6-month Phase 2b clinical trial in early Alzheimer's disease. The pathophysiology of AD is complex and the relative contributions of the various pathogenic changes leading to disease progression warrant tailored therapies. Therefore, it is essential that we continue to evaluate novel investigational drugs such as Trappsol(R) Cyclo(TM). This important and well-designed study is expected to provide critical information."
KLR AMZN

Hot Stocks

08:20 EDT Kaleyra to provide SMS services for Amazon Pay India - Kaleyra (KLR) announced that it will be providing SMS services for Amazon (AMZN) Pay India as a preferred SMS provider. "Secure and dependable SMS messaging is a crucial piece of Amazon Pay India's connection with end-users," shared Kaleyra Chief Business Officer Mauro Carobene. "We are proud to work with Amazon Pay India as we strive to help enhance Amazon's convenience and deliverability in the region. We look forward to continuing efforts to assist Amazon Pay India's market share growth by co-creating engaging omnichannel experiences in the coming quarters."
AAWW BA

Hot Stocks

08:19 EDT Atlas Air takes delivery of new Boeing 747-8 freighter - Atlas Air (AAWW) has taken delivery of a Boeing (BA) 747-8 Freighter, the second of four new 747-8 Freighters ordered by Atlas Air in 2021. These are the last 747-8 Freighters ever to be produced by Boeing. This aircraft has been placed under a long-term agreement with an existing customer. The 747-8 is the only factory-built freighter with nose-loading capability in production, which will serve the long-term needs of the airfreight market.
VRSSF

Hot Stocks

08:19 EDT Verses Technologies begins trading on OTCQX - VERSES Technologies is pleased to announce that the Company's Class A Subordinate Voting shares have commenced trading on the OTCQX Best Market, an over-the-counter public market in the United States, under the ticker symbol VRSSF. VERSES will continue to trade on the NEO Exchange in Canada, as its primary listing under the symbol "VERS."
DBCCF

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08:19 EDT Decibel Cannabis announces international expansion of Qwest Brand - Decibel Cannabis announces it has secured an on-going supply agreement with Breath of Life International to launch Decibel's Qwest brand and cannabis products in Israel. The supply agreement is for $4.8M of premium cannabis product, with the first shipment expected in the fourth quarter. Key Highlights: On-going arrangement for the expansion of the Qwest brand to first international market; Initial $4.8 million supply agreement with first shipment expected to be delivered in Q4 2022; Partnership with the premier cannabis company in Israel with significant entrenched distribution channels. "The Qwest brand enjoys popularity in the Canadian premium market, and also global awareness as legalized cannabis markets develop." Said Paul Wilson, CEO of Decibel. "As Decibel continues to experience record performance in Revenue, EBITDA, gross margin and market share, the combination of a stable growing Canadian LP with a dominant premium brand attracted international business attention and opportunity. We are thrilled to partner with BOL and look forward to a long relationship."
IMMP

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08:18 EDT Immutep receives FDA Fast Track designation for eftilagimod alpha - Immutep announced the United States Food and Drug Administration has granted Fast Track designation to eftilagimod alpha in combination with pembrolizumab for the treatment of 1st line non-small cell lung cancer. Efti is the Company's first-in-class soluble LAG-3 clinical stage candidate which activates antigen presenting cells to engage both the innate and adaptive immune system to target solid tumors.
MKGAF

Hot Stocks

08:18 EDT Merck KGaA makes $20M commitment to CNote - Merck KGaA announced it made a $ 20M commitment to CNote, a women-led impact investment platform. The investment will focus on communities in the U.S. where Merck KGaA, Darmstadt, Germany, operates by providing capital to support BIPOC-owned and women-led small businesses and supporting economic growth and opportunity. "Diversity is a leadership responsibility, a social mandate, and a competitive advantage for our company. It is not enough that we achieve our own internal diversity goals. We also accept responsibility for building collaborations that help the communities in which we operate to develop, grow, and thrive," said Belen Garijo, Chair of the Executive Board and CEO of Merck KGaA, Darmstadt, Germany.
BIVI

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08:17 EDT BioVie provides pipeline update in letter to shareholders - BioVie issued a letter to shareholders informing, among other things, that: positive preliminary data from an investigator-sponsored Phase 2 Alzheimer's trial show high proportion of responders and level of cognitive improvements seen for NE3107 and confirm NE3107's status as one of the most promising candidates in the Alzheimer's space; potentially pivotal Phase 3 trial for NE3107 in Alzheimer's has enrolled over half the targeted patients and is on track to readout mid-2023; early and preliminary evidence in Phase 2 Parkinson's trial for NE3107 may suggest findings consistent with that previously seen in non-human primates and should readout before year-end 2022; three significant data readouts are expected over the next 12 months. 82% of MCI and mild AD patients treated with NE3107 over 3 months improved their cognition. Treated patients showed no differences in adverse events compared to placebo, suggestive of an acceptable safety profile. The Phase 2 for Parkinson's should be fully enrolled in the next couple of months and read out by the end of 2022. Phase 3 for Alzheimer's has enrolled more than half of the targeted 316 patients and should read out mid-2023 unless a sample size adjustment is recommended by the DSMB later this year. Phase 2b trial for BIV201 for refractory ascites has been especially impacted by Covid-19 and the trial has been much slower to enroll than planned, extending the anticipated topline data readout to roughly mid-2023. The company expects to finalize the Alzheimer's Phase 3 and the ascites Phase 2b, both of which are expected roughly mid-year.
REAL...

Hot Stocks

08:16 EDT ThredUP, RealReal up about 7% each in premarket after acquisition of Poshmark - Shares of internet retail names ThredUP (TDUP) and RealReal (REAL) are up about 7% in pre-market trading after Poshmark (POSH) announced last night that it is being acquired by Naver Corp, Korea's largest internet company, at $17.90 per share.
LCFY

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08:16 EDT Locafy launches Brand Boost SEO marketing tool - Locafy announced that it has officially launched Brand Boost, an e-commerce SEO marketing tool that increases brand visibility and drives online product sales for Locafy clients. Brand Boost is an e-commerce focused search engine marketing tool powered by Locafy that creates national SEO campaigns for brands and products. As Locafy's first proprietary solution focused on e-commerce marketing, Brand Boost pairs Locafy's robust backend infrastructure with automated programming to enhance clients' online commerce revenue growth.
TPRFF

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08:16 EDT Aris Mining appoints de Greiff as member of board of directors - Aris Mining announces that, effective October 1, 2022, Monica de Greiff was appointed as an independent member of the Board of Directors, and as Chair of the Sustainability Committee of the Board. Monica de Greiff was a member of the GCM Mining board of directors from 2018 to 2020, when she left to accept the position of Colombian Ambassador to Kenya.
AUGX

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08:15 EDT Augmedix partners with Kirby Medical Center for automated medical documentation - Augmedix has partnered with Kirby Medical Center to positively impact the community and providers by implementing automated medical documentation and live clinical support with Augmedix. Augmedix believes that the partnership with Kirby Medical Center brings benefits to providers and patients alike: Providers can see and hear the patient without interruption from technology or documentation, enabling physicians and patients to have a more human connection at the point of care. With less time spent doing medical documentation, more time is available to the providers to increase patient volume, meeting the growing demand for primary care services. Providers experience increased satisfaction in the care they provide, and naturally patients benefit from happier, more focused providers. This creates a better experience for the patient while increasing provider retention and opportunities for recruitment and enhancing provider recruitment initiatives.
MNSO

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08:14 EDT Miniso debuts '$2 Plus' concept in Canada in response to inflation - MINISO unveiled a new "$2 Plus" concept at the re-opening of its Vaughan Mills store in the Greater Toronto Area. The concept reflects MINISO's aim to provide shoppers with a "unique in-store experience while offering excellent value, well-designed products in response to the effects of rising inflation on consumer budgets," the company said. The concept sees MINISO take inspiration from the dollar store as a means of offering customers products at low prices, while the brand provides more diverse and higher quality goods than traditional low-cost retailers. As inflationary pressures grow, MINISO's long-standing Chinese supply chain capabilities ensure customers, who are increasingly cost-conscious, can rely on the "$2 Plus" model for quality, affordable, design-led products today and into the future.
SBEV

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08:14 EDT Splash Beverage partners with Drew Brees for TapouT brand - Splash Beverage Group announced that NFL great, Drew Brees, will team up with Splash Beverage Group to promote the TapouT Brand. Brees will also become an equity investor in the parent company. Brees will work with the TapouT team on innovative formula developments for athletes. He will participate in key retail meetings to strategize on how best to advance the brand within TapouT's youth sports initiatives, as well as become an ambassador for TapouT to his followers, fans and friends across all his media platforms. Brees has opted to take an equity stake in Splash Beverage in lieu of a typical cash compensation package.
ARDS

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08:11 EDT Aridis Pharmaceuticals announces closing of patient enrollment in AR-301 study - Aridis Pharmaceuticals announced that patient enrollment is closed in the AR-301 Phase 3 clinical study. The Company is on track to complete database lock, data analyses, and expects to disclose top-line data in December 2022. The AR-301-002 Phase 3 'ASAP-1' study compares the superiority of adjunctive use of the investigational, targeted immunotherapy candidate AR-301 with standard of care antibiotics versus SOC antibiotics alone, for the treatment of ventilator associated pneumonia caused by Gram-positive bacteria Staphylococcus aureus. Patients enrolled will complete their treatment and 28-day follow-up per study protocol. Safety and efficacy of the fully human monoclonal antibody AR-301 are being evaluated using a randomized, double-blinded, placebo-controlled, superiority clinical trial design. The study was initiated as a globally harmonized Phase 3 study after the design and primary endpoint of clinical cure of pneumonia were reviewed by the US Food and Drug Administration and the European Medicines Agency. This global study involved 153 clinical sites in 20 countries across U.S., Latin and South Americas, Europe, and Asia.
BNGO

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08:11 EDT Bionano Genomics announces published study of OGM in liver cancer detection - Bionano Genomics announced the publication of a study showing the use of optical genome mapping - OGM - to investigate a molecular subgroup of hepatocellular carcinoma - HCC -, which is the most common form of liver cancer, in order to explore the complex structural variations induced by replication stress. In this study, OGM helped unravel replication stress-induced events, which may cause or contribute to genomic instability in cancer cells, potentially leading to the activation of oncogenes and disruption of tumor suppressors. Researchers reported that, in this study, of all structural variations detected using OGM, only 63% were also detected by WGS. OGM revealed a median of 1.4 times more structural variations than WGS.
PFDR

Hot Stocks

08:10 EDT Pathfinder Acquisition enters business combination with Movella - Pathfinder Acquisition and Movella announced they have entered into a definitive business combination agreement that, upon closing of the transaction will result in the combined company being publicly listed on Nasdaq. The combined entity, to be known as Movella Holdings, will have a pro forma enterprise value of approximately $537M. The capital raised from the transaction will be primarily invested to further scale and grow the business, which will continue to be led by Movella president and CEO Ben Lee when the transaction is completed. The business combination transaction values Movella at a pro forma enterprise value of $537M. Existing shareholders of Movella, including Kleiner Perkins, GIC and Columbia Threadneedle, will roll 100% of their ownership into the combined company. Proceeds from the transaction will be used to fund organic and inorganic growth, transaction fees and expenses and general corporate purposes. The business combination, which has been approved by the boards of directors of Movella and Pathfinder, is expected to close in the first quarter of 2023, subject to approval by shareholders of Pathfinder and other customary closing conditions. There is no minimum cash condition in this transaction. The transaction is supported by $75 million of committed financing from affiliates of Francisco Partners ("FP"), a leading technology focused private investment firm with over $45 billion of cumulative committed capital. Under the terms of the investment, up to $75 million of Pathfinder common stock will be purchased by FP prior to closing, which will be executed through a tender offer or direct placement of Pathfinder stock. In exchange for a non-redemption agreement for FP's purchased stock, Movella will issue to FP at closing a 5-year PIK note. Under the terms of the financing, Movella will have the right to direct the sale of FP's purchased stock into the public market at any time following the closing of the transaction until the repayment or prepayment of the note, the proceeds of which will provide material credits against the note balance at a repayment or refinancing event. There are no provisions under which FP will be issued additional shares (whether related to the Company's stock price performance or otherwise) post-closing. This flexible financing is designed to not only ensure the Company has substantial cash resources at closing, but also to allow Movella's current and future shareholders to benefit from the potential ability to reduce the future amounts due under the FP note through share price appreciation.
DZSI FN

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08:10 EDT DZS enters partnership agreement with Fabrinet - DZS (DZSI) announced that it has entered into a partnership agreement with Fabrinet (FN), enabling DZS to strategically shift to a contract manufacturing model. Under this agreement, DZS will transition to Fabrinet its sourcing, procurement, order-fulfillment, manufacturing and Return Merchandise Authorization activities in its Seminole, Florida facility by the end of calendar year 2022. The partnership will enable DZS to focus on advancing innovation across its access and optical edge platforms and cloud software solutions. The partnership is expected to improve profit margins, lower operational expenditures and improve working capital.The transition to Fabrinet will begin in early October, with the goal of being fully operational by Jan. 1, 2023. Under the terms of the agreement, Fabrinet will provide turnkey procurement, manufacturing, testing, order fulfillment, and RMA services and systems integration from its state-of-the-art facilities. DZS will retain and continue to manage its supply chain relationships. Post transaction, the DZS Seminole, Florida-based operations, supply chain and manufacturing workforce will be reduced by approximately two-thirds and the remaining team will be relocated to an appropriately sized facility. For impacted employees, DZS will provide job placement support including onsite job fairs and internal transfer assistance.
VET

Hot Stocks

08:10 EDT Vermilion Energy acquires common shares of Coelacanth Energy - Vermilion Energy announces that it has filed an early warning report in respect of its holdings in Coelacanth Energy. Vermilion has acquired ownership of, or control and direction over, additional common shares of Coelacanth in an amount equal to more than 2% of the issued and outstanding Common Shares, thereby triggering the requirement to file an early warning report, as a result of the following transactions: from June 20, 2022 to October 3, 2022, Vermilion acquired an aggregate of 7,057,322 Common Shares through its automatic share purchase plan through the facilities of the TSX Venture Exchange at prices ranging from $0.54 to $0.85 per Common Share for an aggregate purchase price of $4.8 million; and on June 2, 2022, Vermilion acquired 1,444,804 Common Shares through the exercise of 1,444,804 Common Share purchase warrants of Coelacanth at a price of $0.27 per Common Share for an aggregate exercise price of approximately $0.4 million. Prior to the Transactions, Vermilion had ownership of, or control and direction over, an aggregate of 60,840,468 Common Shares, representing approximately 17.7% of the issued and outstanding Common Shares. Following the exercise of all Coelacanth share purchase warrants and the Transactions, Vermilion now has ownership of, or control and direction over, an aggregate of 69,342,595 Common Shares, representing approximately 16.3% of the issued and outstanding Common Shares.
SCU

Hot Stocks

08:10 EDT Sculptor Capital jumps 13% to $10.65 following letter from founder Daniel Och - In a 13 D/A filing, Daniel Och writes: "As a founder and a substantial stockholder of, and investor with, Sculptor Capital Management, Inc. , I care deeply about the Company's stockholders, investors, employees and reputation. I have become increasingly concerned, especially over the past two years, that the Company's board has failed to discharge its duties by, among other things, enabling and enriching a management team that is more focused on its own compensation than the Company's future. Independent observers, such as ISS, have expressed similar concerns, and the Company's investment returns and share price have suffered greatly over this same period of time. Last month, several founding partners and I filed a lawsuit seeking increased transparency about the recent activities of the Company. Since the filing, I, as well as other founding partners, have been contacted by several third parties who have asked us whether the Company might be open to a strategic transaction that would not involve current senior management continuing to run the Company. It is not surprising that third parties would see the potential for such a transaction given that outside analysts have previously identified the Company's management issues and concluded that, at its current trading price, the Company may be worth less than the sum of its parts. I have advised these third parties that I would support consideration of any transaction that would benefit all the stockholders. Among other possibilities, I believe that the Company should be an attractive target for a well-managed asset manager that has the resources to maximize the potential of the Company's platform as a publicly-traded asset manager. A combination of such a manager with the Company could provide: (a) a growth vehicle for that manager, (b) new, prudent leadership for the Company and (c) an opportunity for current stockholders to participate in future growth. I plan to provide this feedback to any additional third parties that contact me about the Company. I also may decide to have further discussions with one or more of these third parties. Since I have no role in managing or supervising the Company, I would not be surprised if one or more of these third parties decides to contact the Board or the Company to discuss their interest. I am writing now to advise you of these inquiries and to remind you of your own fiduciary obligations to the Company's stockholders. I fear that the Board's prior actions (and omissions) have facilitated the entrenchment of the Company's existing management team (despite its poor performance). The Company cannot afford for the Board to continue to put the interests of management above those of stockholders. Specifically, no bids should be favored or disfavored based on whether the Company's existing management team would continue to run the Company or any part of it following a transaction. Any potential transaction should be considered based solely on the best interests of all stockholders, and any director beholden to management or who otherwise cannot fulfill that duty should be recused from the Board's deliberations. I also am writing to advise you that I have reason to believe that one or more representatives of senior management has reached out to one or more third parties about a potential transaction. Based on prior experience, I fear that the Board may not be aware of this outreach, and I strongly suggest that the Board take complete control of this process. During the process, I expect you to give any inquiries or proposals careful consideration, and to discharge your fiduciary duties under Delaware law on behalf of all stockholders of the Company. I urge the Board to act on any inquiries or proposals in a timely manner. As you are all aware, the Company's performance issues over the last two years have put the core business at risk. I believe that making clear to fund investors that there is a better path forward, sooner rather than later, will be beneficial to all the Company's stakeholders. In light of the foregoing, I am keeping all options on the table and am open to having any discussions with the Board that are designed to achieve the best outcome for all stockholders." Reference Link
RMED

Hot Stocks

08:09 EDT Ra Medical files method-of-use U.S. patent application for VIVO technology - Catheter Precision announces the filing of a new U.S. patent application for its VIVO technology, as it continues its focus on patent protection for VIVO. On September 12, 2022 privately held Catheter Precision announced a definitive merger agreement with Ra Medical Systems which, if completed, will result in a combined publicly traded company focusing on the cardiac electrophysiology market. The VIVO technology currently has significant intellectual property protection, with both issued patents and pending patent applications. Catheter Precision has 35 issued patents and patent applications covering the VIVO technology, the Amigo robotic system and its new closure device, which is anticipated to be commercialized in the first half of 2023.
NOK

Hot Stocks

08:08 EDT Nokia, Nextlink Internet roll out multi-gig broadband in 12 states - Nokia announced that Nextlink Internet has chosen its XGS-PON solution to support network growth, connecting 200,000 homes and businesses in rural and exurban communities in its seven existing and five new states. Nextlink is investing in network expansion, adding Texas, Indiana, Wisconsin, Minnesota, Wyoming and Louisiana to its footprint. The company is also expanding its reach into unserved and underserved areas in the states it already operates, Oklahoma, Kansas, Nebraska, Illinois, Iowa and South Dakota.
CDTX

Hot Stocks

08:08 EDT Cidara Therapeutics receives $11.1M milestone payment from Mundipharma - Cidara Therapeutics announced receipt of an $11M milestone payment from Mundipharma under the licensing agreement established between the two companies in September 2019. The payment was made in association with the European Medicines Agency acceptance of the marketing authorization application for rezafungin for the treatment of candidemia and invasive candidiasis in adult patients. Cidara retains the rights to rezafungin in Japan and has licensed the commercial rights to Melinta Therapeutics in the U.S. and Mundipharma Medical in all other geographies.
ABST

Hot Stocks

08:07 EDT Absolute Software names Alice Hansen chief marketing officer - Absolute Software announced Alice Hansen joined the company as chief marketing officer. Her appointment corresponds with the company's growth momentum and international expansion. Prior to joining Absolute, Alice led corporate marketing at Anaplan, where she and her team drove category creation, contributing to a 16x+ revenue multiple at acquisition in 2022.
INBX

Hot Stocks

08:07 EDT Inhibrx announce potential to pursue accelerated approval in U.S. for INBRX-101 - Inhibrx announced that, based on discussions with the U.S. Food and Drug Administration, FDA, there is potential to pursue an accelerated approval in the U.S. for INBRX-101, an optimized recombinant human AAT-Fc fusion protein, in patients with emphysema due to alpha-1 antitrypsin deficiency, AATD, using functional alpha-1 antitrypsin, AAT, serum levels as the surrogate endpoint. Inhibrx also announced the detection of INBRX-101 in the bronchoalveolar lavage fluid, BALF, samples from all AATD patients tested in the Phase 1 study. Inhibrx plans to initiate in the first quarter of 2023 a potential registration-enabling clinical trial using functional AAT as a surrogate endpoint with the intent to submit for regulatory approval under the FDA's Accelerated Approval Program. The FDA expressed support to collaborate and work with Inhibrx to address the regulatory challenges associated with AATD drug development. Based on data from the completed Phase 1 study of INBRX-101, the dosing of INBRX-101 every three or four weeks in patients with AATD is predicted to maintain patients above the lower threshold of the normal range and achieve an average level of functional AAT that approximates that of healthy non-deficient adults. The FDA also requested additional data on the correlation between functional AAT levels and the clinical benefit in AATD to further support serum AAT levels as a surrogate endpoint that is reasonably likely to predict clinical benefit, the prerequisite for accelerated approval. Inhibrx intends to collaborate with experts in the field and the Alpha-1 Foundation to illustrate, based on existing registry, health records and published data, that increased functional AAT levels are reasonably likely to predict clinical benefit in AATD patients. Independent of FDA discussions, Inhibrx also completed analysis and reported BALF data demonstrating the post-dose presence of INBRX-101 in every patient and in all three lobes of the lung collected from each of these patients.
DXR

Hot Stocks

08:07 EDT Daxor announces study data from Mayo Clinic on heart failure treatment - Daxor Corporation announces new data from the Mayo Clinic in Rochester, NY validating the benefits of the Company's BVA-100 blood test for patients with heart failure. Data were presented at the Heart Failure Society of America Annual Scientific Meeting - which brought together the world's leading experts in heart failure on October 2nd, 2022, in Washington, DC. The study titled "Impact of Right Ventricular Dysfunction of Blood Volume Expansion in Heart Failure" measured blood volume in 139 heart failure patients at the time of hospital discharge utilizing the Daxor BVA-100 diagnostic blood test. Blood volume expansion was present in over 50% of the overall cohort with normal blood volume only present in 27% at the time of hospital discharge and a risk in particular for right ventricular dysfunction was highlighted as being particularly challenging. Despite treatment to resolve volume abnormalities, the study author noted "Persistent intravascular volume expansion is more common at the time of discharge despite diuretic intervention in heart failure," said Wayne Miller, M.D., PhD, principal investigator.
VIR

Hot Stocks

08:06 EDT Vir Biotechnology awarded government contract for pandemic preparedness - Vir Biotechnology announced that the Biomedical Advanced Research and Development Authority, part of the Department of Health and Human Services' Administration for Strategic Preparedness and Response, has awarded Vir a multi-year contract with the potential for up to $1B to advance the development of a full portfolio of innovative solutions to address influenza and potentially other infectious disease threats. As part of BARDA's ongoing effort to prepare and respond to public health emergencies, the agency will invest approximately $55M initially for the ongoing and rapid development of VIR-2482, an investigational prophylactic monoclonal antibody designed to protect against seasonal and pandemic influenza. This includes a Phase 2 pre-exposure prophylaxis trial expected to begin in the second half of 2022 with initial data anticipated in mid-2023. The balance of the award is subject to BARDA exercising up to 12 options in further support of the development of pre-exposure prophylactic antibodies including and beyond VIR-2482 for the prevention of influenza illness or possibly supporting medical countermeasures for other pathogens of pandemic potential.
EXEL BMY

Hot Stocks

08:06 EDT Exelixis expands pact with Bristol-Myers for STELLAR-002 trial with combos - Exelixis (EXEL) announced the expansion of its June 2021 Clinical Trial Collaboration and Supply Agreement with Bristol-Myers Squibb Company (BMY) to include the use of the fixed-dose combination of nivolumab and relatlimab in the ongoing phase 1b STELLAR-002 clinical trial which is evaluating XL092 in combination with multiple immune checkpoint inhibitors in advanced solid tumors. Exelixis is sponsoring STELLAR-002, and Bristol Myers Squibb will provide the fixed-dose combination of nivolumab and relatlimab in addition to nivolumab and ipilimumab for use in the trial, which is divided into two parts: a dose-escalation stage and an expansion cohort stage. The novel triplet combination of XL092 and the fixed-dose combination of nivolumab and relatlimab has the potential to be used in multiple expansion cohorts. XL092 is Exelixis' next-generation oral tyrosine kinase inhibitor that targets VEGF receptors, MET, AXL, MER and other kinases implicated in cancer's growth and spread. Bristol Myers Squibb's relatlimab is a lymphocyte activation gene-3 -blocking antibody. LAG-3 is an inhibitory immune checkpoint expressed on the surface of T cells. "We are pleased to expand our agreement with Bristol Myers Squibb for the STELLAR-002 trial to include the novel fixed-dose combination of nivolumab and relatlimab to evaluate the potential benefit of combining XL092 with additional immune checkpoint inhibitors," said Vicki L. Goodman, M.D., Executive Vice President, Product Development & Medical Affairs, and Chief Medical Officer, Exelixis. "By studying multiple immune checkpoint combinations, we hope to identify the most promising regimens across multiple solid tumors to use in future pivotal trials." Enrollment and dosing in the dose-escalation portion of STELLAR-002 is ongoing. The dose-escalation stage will determine the recommended dose in patients with advanced solid tumors for each of the combination therapy regimens, including XL092 and nivolumab, XL092, nivolumab and ipilimumab, and XL092 and the fixed-dose combination of nivolumab and relatlimab.
OYST

Hot Stocks

08:05 EDT Oyster Point Pharma reports inducement grants under Nasdaq listing rule - Oyster Point Pharma announced that the Compensation Committee of the Company's Board of Directors granted inducement non-qualified stock options to purchase an aggregate of 11,300 shares of common stock to three new employees, pursuant to the Oyster Point Pharma, Inc., 2021 Inducement Incentive Plan. Each stock option has an exercise price equal to $5.87 per share, Oyster Point Pharma's closing trading price on the grant date, and will vest over four years, with 1/4th of the underlying shares vesting on the one-year anniversary of the applicable vesting commencement date and 1/36th of the remaining underlying shares vesting on each monthly anniversary thereafter, subject to the new employees' continued service relationship with Oyster Point Pharma through the applicable vesting dates. The Compensation Committee of Oyster Point Pharma's Board of Directors approved the awards as an inducement material to the new employees' employment in accordance with Nasdaq Listing Rule 5635(c)(4).
CVCO

Hot Stocks

08:04 EDT Cavco Industries opens new manufacturing facilty in North Carolina - Cavco Industries has opened its newest manufacturing facility in Hamlet, North Carolina. Known as "Cavco Homes of North Carolina," the 184,000 square-foot-plant will produce homes built under the standards of the U.S. Department of Housing and Urban Development. Cavco has distribution points in 48 U.S. states and in Canada, through its 45 retail stores and 27 production plants, while employing over 6,300 people.
VTSI

Hot Stocks

08:04 EDT VirTra opens Orlando, Florida facility - VirTra has leased a facility in Orlando, Florida to support the Company's strategy of capturing military end-market growth opportunities. The facility, which VirTra has a lease-option-to-buy, features offices, a warehouse, conference rooms and simulation demonstration rooms. The new facility continues VirTra's expansion efforts, building on its 2021 purchase of an industrial building in Chandler, Arizona that serves as the Company's new headquarters. The 9,000 square foot facility will serve as an extension of research and development, and as a demonstration site for employees and future customers visiting the Orlando area. The site currently houses V-300 4K and V-ST PRO simulators as well as multiple offices and conference rooms.
AQB

Hot Stocks

08:03 EDT AquaBounty announces receipt of Withdrawal and Consumptive Use Permit - AquaBounty Technologies announced the Ohio Department of Natural Resources Division of Water Resources has issued a new Withdrawal and Consumptive Use Permit to AquaBounty Farms Ohio LLC, enabling necessary water use at the Company's Pioneer, Ohio Farm. This permit authorizes water withdrawal up to 5.25 million gallons per day and the consumptive use authorized by the permit shall not exceed 0.065 MGD. Now that the new permit has been issued, AquaBounty will relinquish the prior permit that was granted for a different wellfield earlier this year.
ADNT

Hot Stocks

08:03 EDT Adient announces strategic partnership with EnterTech Capital - Adient announced a strategic partnership with EnerTech Capital, a venture capital firm focused on emerging technologies and business models in the mobility space. Adient will leverage EnerTech's significant global mobility network, which includes the California Mobility Center, CMC. The CMC can help to identify new opportunities or start-up companies aiming to advance innovation in product, process and systems technologies supporting electrification and other new mobility initiatives. "As a leader in automotive seating, we are always looking for ways to meet the emerging needs of our customers. This strategic partnership will allow us to continue to offer state-of-the art solutions for the vehicles of tomorrow, expanding our expertise and insight into EVs, NEVs and other future mobility trends," said Doug Del Grosso, president and CEO of Adient.
CUE

Hot Stocks

08:03 EDT Cue Biopharma's CUE-101 granted Fast Track designation for treatment of NSCC - Cue Biopharma announced that the FDA has granted Fast Track designation to CUE-101, its lead clinical drug candidate from the CUE-100 series of interleukin 2 (IL-2)-based biologics, for the treatment of patients with human papilloma virus - HPV16+ - recurrent/metastatic head and neck squamous cell carcinoma - R/M HNSCC - as a monotherapy and in combination with Keytruda, or pembrolizumab. Cue anticipates initiating a registrational trial for CUE-101 monotherapy by mid-2023. CUE-101 is currently being evaluated in a Phase 1b trial as a monotherapy for the treatment of second line and beyond patients with HPV16+ R/M HNSCC and as a first-line treatment in a Phase 1 dose escalation and expansion trial in combination with Keytruda for the same patient population.
QSI

Hot Stocks

08:03 EDT Quantum-Si appoints Jeff Hawkins as CEO - Quantum-Si announced the appointment of Jeff Hawkins as CEO. Hawkins will succeed Jonathan Rothberg, founder and executive chairman of Quantum-Si, who has also been serving as interim CEO. This appointment is effective October 10. Hawkins brings over 20 years of experience. Prior to Quantum-Si, he was president and CEO of Truvian Sciences.
GNRC

Hot Stocks

08:02 EDT Generac acquires Blue Pillar, terms not disclosed - Generac Power announced the acquisition of Blue Pillar, an industrial internet of things platform developer that designs, deploys and manages Industrial IoT network software solutions to enable distributed energy generation monitoring and control in a more seamless and easy-to-use format. Generac and Blue Pillar share a mutual customer base, with highly compatible product offerings that work together to provide a total connectivity solution to commercial and industrial customers. By acquiring Blue Pillar, Generac aims to further integrate the Blue Pillar platform into its power generation products and, in connection with Generac Grid Services' projects, provide valuable monitoring and control as a built-in feature. The acquisition closed on October 3, 2022.
KALV

Hot Stocks

07:52 EDT KalVista falls 46% to $7.74 after terminating its KVD824 Phase 2 trial
EFX

Hot Stocks

07:47 EDT Equifax introduces CloudControl dashboard - Equifax announced the introduction of CloudControl, a dashboard that brings greater transparency and improved security to digital supply chains for organizations using Equifax products and solutions. Developed to provide customers with real-time insights into the security posture of Equifax Cloud-based products and services, CloudControl is part of the company's ongoing commitment to furthering transparency in cybersecurity.
DCGO CI

Hot Stocks

07:46 EDT DocGo says services now available to Cigna customers in New York, New Jersey - DocGo (DCGO) announced its mobile health services are now available to Cigna (CI) commercial customers in New York and New Jersey, beginning October 1. DocGo provides customers with access to quality health care outside of traditional medical facilities with a model designed to help people get access to timely and cost-effective treatments and diagnoses.
TRP

Hot Stocks

07:43 EDT TC Energy to build its first solar energy project in Canada - TC Energy will begin pre-construction activities of the Saddlebrook Solar Project located near Aldersyde, Alberta. TC Energy is investing $146M to build its first Canadian solar power project. It has the capacity to generate 81 MW, enough energy to power 20,000 homes annually. The initial construction includes installing solar panels on TC Energy property in the local industrial park. The project is partially supported by $10M from Emissions Reduction Alberta. TC Energy has obtained all regulatory approvals and permits. Construction is expected to be completed in 2023. During the construction phase, about 140 workers are expected to support the project. Once in operation, two full-time TC Energy employees will work at the facility.
REKR

Hot Stocks

07:42 EDT Rekor Systems, COTA kick off $2.5M program to improve traffic, transit services - Rekor Systems, together with the Central Ohio Transit Authority, announced the launch of a new Integrated Mobility Innovation Transit Program to improve roadway safety, traffic management, and transit services across 13 Ohio counties. In March 2020, COTA was awarded the Federal Transit Administration's IMI Demonstration Research grant to improve public safety, regional collaboration, and the customer experience. COTA, together with Rekor, has developed a cloud-based regional technology environment that ingests data from existing infrastructure, now including the City of Columbus Computer Aided Dispatch to provide web-based dashboards for greater visibility of the roadways, transit, and traffic incidents. Funding for the program will total $2,525,000, with $1,725,000 in funding sourced through the U.S. DOT grant and COTA providing the additional $800,000 investment. Rekor will receive $2,150,000 for its services throughout the duration of the program.
CME

Hot Stocks

07:42 EDT CME Group reports ADV growth of 36% for September, 26% for Q3 - CME Group reported its September and Q3 2022 market statistics, showing average daily volume increased 36% to 25.7M contracts in September, representing the company's highest September ADV on record. Q3 ADV increased 26% to 22.4M contracts, the company's fourth-highest quarterly volume ever.
IPIX

Hot Stocks

07:41 EDT Innovation Pharmaceuticals' Brilacidin shows efficacy in antifungal study - Innovation Pharmaceuticals announced publication of a scientific article on the antifungal activity of Brilacidin, the company's defensin-mimetic drug candidate with antimicrobial and immunomodulatory properties. Brilacidin showed promising antifungal activity and was subsequently selected for additional pre-clinical evaluation, including in combination with current antifungal treatments. In cell culture, in Aspergillus fumigatus, Brilacidin converted CAS from a fungistatic into a fungicidal drug, enabling it to overcome both drug resistance and biofilm formation. Further in vitro testing showed Brilacidin synergized with CAS in C. albicans, C. auris and C. neoformans. Brilacidin also showed in vitro an additive inhibitory effect when combined with POSA in several species of Mucorales, the main etiological agents of mucormycosis, commonly referred to as black fungus. Brilacidin showed potent in vitro stand-alone efficacy.
JUSHF

Hot Stocks

07:41 EDT Jushi Holdings promotes Tobi Lebowitz to CLO, corporate secretary - The Company announced that it has bolstered its senior leadership team with the promotion of Tobi Lebowitz to Chief Legal Officer and Corporate Secretary. Ms. Lebowitz joined the Company in 2019 and was part of the core team which brought Jushi public shortly thereafter. Since then, she has played an instrumental role in the execution of various initiatives across the business, including strategic M&A, business development, and high-stakes litigation. Ms. Lebowitz previously held the role of Executive Vice President and Co-Head of Legal Affairs.
JUSHF

Hot Stocks

07:40 EDT Jushi Holdings appoints Bill Wafford to board of directors - Jushi Holdings announced that it has appointed Bill Wafford to its Board of Directors, effective immediately. In addition to his appointment as Independent Director, Mr. Wafford will serve as Chair of the Audit Committee. Wafford currently serves as CFO of Everlane, a digitally native apparel, footwear and accessories brand.
ENVX

Hot Stocks

07:39 EDT Enovix celebrates Fremont Manufacturing Week, U.S. Manufacturing Day - Enovix Corporation announced the company is celebrating Fremont Manufacturing Week and U.S. Manufacturing Day, hosting multiple student tours with the City of Fremont and actively hiring positions throughout the company.
BHVN...

Hot Stocks

07:39 EDT Biohaven launches as a new publicly traded company - Biohaven (BHVN) launched as a new publicly traded company. As of today, Biohaven has officially begun operating as a separate independent entity as part of the acquisition agreement with Pfizer (PFE) in May 2022. The company, led by Vlad Coric, M.D. as Chairman and Chief Executive Officer, launched with approximately $257.8 million in cash at the distribution and no debt. Biohaven has a history of successful drug development and commercialization. The FDA filed and accepted for review Biohaven's New Drug Application submission for zavegepant nasal spray with a Prescription Drug User Fee Act goal date set for the first quarter of 2023. With the acquisition by Pfizer for a total consideration of approximately $13B including payoff of existing debt, Pfizer will now exclusively commercialize and develop the Biohaven CGRP franchise globally. Pfizer owns approximately 3% of the new spinoff company Biohaven. Advancing a Broad Portfolio of Innovative Candidates: Biohaven plans to advance a broad portfolio of early- and late-stage innovative product candidates targeting neurological and neuropsychiatric diseases, including rare disorders with unmet medical needs. Therapeutic development will focus on treatments for epilepsy, pain and mood disorders, obsessive compulsive disorder, spinocerebellar ataxia and spinal muscular atrophy. Key clinical development programs underway that leverage these proprietary technology platforms, include the following: Glutamate modulation for SCA and OCD; Myostatin inhibition for neuromuscular diseases, and potentially for diabetes and weight loss; Novel immune modulation platform targeting CD-38 for multiple myeloma Team executives: The Biohaven Board of Directors remains the same. Irfan Qureshi, M.D. is promoted to Chief Medical Officer, previously Senior Vice President of Neurology at Biohaven. And Tanya Fischer, M.D., Ph.D. is appointed Chief Development Officer and Head of Translational Medicine, previously at Alnylam Pharmaceuticals (ALNY). Bruce Car, Ph.D. joins Biohaven as the new Chief Scientific Officer. Dr. Car brings more than 28 years of experience in the pharmaceutical industry having held numerous scientific leadership positions at Bristol-Myers Squibb (BMY).
TYDE

Hot Stocks

07:37 EDT Cryptyde completes acquisition of Forever 8 - Cryptyde has successfully closed the acquisition of Forever 8 Fund, an e-commerce fintech company. The acquisition lays the foundation for Cryptyde's fintech portfolio and positions Cryptyde to generate revenue from the F8 acquisition, beginning in Q4.
KMPH

Hot Stocks

07:37 EDT KemPharm supports Niemann-Pick Awareness Month - KemPharm announced its support for Niemann-Pick Awareness Month, which is the month of October, and Global Niemann-Pick Awareness Day, which is October 19th. KemPharm recognizes the important role and dedication of patient organizations, such as the National Niemann Pick Disease Foundatio, and the International Niemann Pick Disease Alliance, in not only raising awareness of Niemann-Pick disease type C, but also in providing advice, information and education to those living with NPC, their families, other caregivers, and all involved in the management of this disease. KemPharm supports and unites with these groups in advocating for those affected by NPC and their families and in seeking new therapeutic options for NPC where no satisfactory alternative treatments currently exist.
CCRD

Hot Stocks

07:36 EDT CoreCard adds new board member Kathryn Petralia - CoreCard added a new board member, Kathryn Petralia, to serve as an independent Director of the company. Petralia is the Co-Founder of Keep Financial, a fintech compensation platform. Prior to starting Keep, Kathryn co-founded Kabbage, a financial services, technology and data platform for small businesses that was acquired by American Express in 2020. Prior to Kabbage, Kathryn spent nearly 15 years with fintech and ecommerce startups.
ISPC

Hot Stocks

07:36 EDT iSpecimen launches Marketplace Onsite program - iSpecimen launched its new Marketplace Onsite program to offer additional support to the Company's biospecimen provider partners. The program embeds a coordinator at select partner sites to facilitate fulfillment of incoming sample and data requests from the proprietary iSpecimen Marketplace platform. With this extra layer of support, iSpecimen and its partners will be able to expand and streamline access to biospecimens for research. The Marketplace Onsite coordinator will field all requests and submit proposals on behalf of the provider, streamlining sample-related management and reducing strain on existing staff and product pipelines. The Marketplace Onsite program will also help with building and contracting with a network of researchers, providing remuneration for biospecimens and data, offering IT assistance for data management needs and covering the expenses of the iSpecimen Onsite employee.
PYR

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07:35 EDT PyroGenesis confirms $682,000 payment under DROSRITE contract - PyroGenesis is pleased to confirm that, in response to additional inquiries with respect to the subject matter, the Company has received a payment of approx. $682,000 under the exclusivity contract with Drosrite International. In addition to the payment received today, PyroGenesis expects to receive further payments, the timing of which has been scheduled to match the end user's cash flow.
ABEO

Hot Stocks

07:35 EDT Abeona Therapeutics completes patient follow-up in Phase 3 RDEB study - Abeona Therapeutics announced that the last patient has completed their 6-month follow-up visit in Abeona's pivotal Phase 3 VIITAL study of its investigational autologous, engineered cell therapy, EB-101, in patients with recessive dystrophic epidermolysis bullosa, or RDEB. Abeona has been verifying and preparing the data in real time to ensure that an efficient database lock can be completed within two to three weeks from the last patient's final visit. Abeona expects the VIITAL study, if positive, to serve as the basis for seeking approval by the FDA of EB-101 for the treatment of patients with RDEB. RDEB is a rare connective tissue disorder characterized by severe skin wounds that cause pain and can lead to systemic complications impacting the length and quality of life. There is currently no approved treatment for RDEB.
SIDU

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07:34 EDT Sidus Space received total of $1.9M + in new space/defense orders - Sidus Space announces that, in the quarter ended September 30, it has received a combined total of over $1.9 million in new purchase orders for space and defense hardware and services supporting multiple customers. "Space and defense hardware manufacturing is an important component of our full-stack offering and has proven to be a steady revenue stream for Sidus as we work to bring additional offerings to market. As a comprehensive space-as-a-service company, our space and defense hardware manufacturing capability is a critical component that supports many of the larger projects and programs within the space ecosystem," said Carol Craig, Sidus Space Founder and CEO. "Sidus Space has over ten years of experience manufacturing, assembling and testing space hardware with space flight heritage. In response to our sustained manufacturing growth, we are exploring options for expanding our capacity including the possibility of additional shifts."
ALYA

Hot Stocks

07:34 EDT Alithya announces completion of seven Oracle Cloud HCM project go lives - Alithya Group announces the successful completion of seven Oracle Cloud Human Capital Management, HCM, project go lives this year. The seven completed implementations focused on the digital transformation of critical processes including payroll, performance, and other core human resources solutions, laying the foundations for future growth and efficiency. Quote by Mike Feldman, Senior Vice President, Oracle Practice at Alithya: "The completion of seven Oracle Cloud HCM projects so far in this calendar year is a significant achievement, particularly in a challenging economic climate. These implementations, as well as numerous Oracle Cloud ERP and EPM implementations, reflect the level of trust that our clients place in Alithya's unparalleled Oracle expertise in enterprise business application deployment."
SHYF

Hot Stocks

07:33 EDT Shyft Group announces Blue Arc ride and drive event - In the drive to electrify commercial vehicle fleets, Blue Arc EV Solutions brings a unique edge to the competition: nearly 50 years of experience in custom chassis and work truck body design and manufacturing as part of The Shyft Group. Poised to lead as the only player designing and manufacturing integrated chassis and specialty bodies in-house for the Class 3-5 segment, the go-to-market brand has selected top Tier 1 automotive suppliers for key vehicle systems and subsystems in the fully reimagined all-electric delivery walk-in van, which debuted earlier this year. The experiential Blue Arc ride and drive event follows the recent announcement that the brand secured its initial pre-order of 2,000 units from the Randy Marion Dealer Group, one of the largest dealer groups in the Carolinas.
BTTX

Hot Stocks

07:33 EDT Better Therapeutics announces 90-day results from BT-001 trial - Better Therapeutics announced that the 90-day results from its pivotal trial for BT-001, a potentially first-of-its-kind digital therapeutic platform that is designed to use CBT to treat type 2 diabetes, or T2D, in patients 18 years and older, have been published in the American Diabetes Association, or ADA-produced, peer reviewed journal Diabetes Care. The article published in the latest edition of Diabetes Care details data from the first 90 days of the pivotal trial, which looked at a group of adults with T2D receiving the current standard of care randomized to BT-001 or a control group. This trial was the largest randomized, controlled study conducted to date looking at use of digitally delivered CBT to improve glycemic control in T2D. Patients using BT-001 saw A1c lowered on average by 0.4% compared to the control group after 90 days, with a greater reduction among patients who completed more modules of the therapy. The article concludes that "delivery of a cognitive behavioral intervention via smartphone app can provide a scalable option for improving glycemic control." In addition to publication in Diabetes Care, the pivotal trial results were recently presented on October 1 by Marc Bonaca, Professor of Medicine at the University of Colorado School of Medicine and Executive Director of CPC Clinical Research as part of the Society for Vascular Medicine's Annual Scientific Sessions.
MNMD

Hot Stocks

07:33 EDT Mind Medicine collaborates to initiate Phase 1 trial of R-, S-, Racemic MDMA - Mind Medicine announced the initiation of a Phase 1 investigator-initiated trial led by MindMed collaborator Prof. Dr. Matthias Liechti at University Hospital Basel, UHB. The study aims to compare acute responses to R-MDMA, S-MDMA, and MDMA in healthy subjects. Dr. Miri Halperin Wernli, Executive President of MindMed, added, "Although we know from animal studies that the two enantiomers act synergistically to produce the subjective effects of MDMA, this study represents an opportunity to validate the potential improved safety profile and prosocial effects of the R-enantiomer of MDMA. Preclinical studies of R-MDMA demonstrate its acute prosocial effects, while its diminished dopaminergic activity suggest that it will exhibit less stimulant activity, neurotoxicity, hyperthermia and abuse liability compared to racemic MDMA or the S-enantiomer." The Phase 1 trial is a randomized, placebo-controlled, double-blind, 5-period crossover study. The trial plans to enroll 24 healthy subjects, who will receive R-MDMA, S-MDMA, MDMA, and a placebo. The primary outcome measures for this trial will assess acute subjective effects using the Visual Analog Scales and the 5 Dimensions of Altered States of Consciousness. Secondary endpoints will assess autonomic effects, mood on the days following the administration, endocrine effects, plasma concentration, and additional subjective effects.
HARP

Hot Stocks

07:32 EDT Harpoon Therapeutics appoints Luke Walker as Chief Medical Officer - Harpoon Therapeutics appointed Luke Walker as Chief Medical Officer. Walker will lead the clinical development strategy and its execution for Harpoon Therapeutics and the product candidates derived from the company's multiple technology platforms. Walker's appointment was effective October 3. Walker comes to Harpoon Therapeutics from Seagen, where he most recently served as Vice President of Clinical Development and was responsible for overseeing the global development of multiple early-stage clinical programs.
CARS

Hot Stocks

07:31 EDT Cars.com announces reappointment of Jain as CFO - Cars.com announced that it has reappointed former executive Sonia Jain as its chief financial officer, CFO, with effect October 17, 2022. Sonia previously served as CFO of Redbox, overseeing finance, treasury, strategy and analytics, and mergers and acquisitions activities. Jandy Tomy has served as interim CFO of CARS since April 2022. She will remain at the Company as Executive Vice President of Finance and Treasurer where she will drive treasury operations and support investor relations and other strategic finance initiatives.
VSTM

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07:28 EDT Verastem plans opening of RAMP 205 Phase 1b/2 clinical trial of VS-6766 - The Company plans to open the RAMP 205 Phase 1b/2 clinical trial of VS-6766 with defactinib in addition to standard of care chemotherapy in frontline metastatic pancreatic cancer in the fourth quarter of this year. The trial, in partnership with the Pancreatic Cancer Action Network will evaluate whether a more complete blockade of KRAS signaling, which is mutated in more than 90% of pancreatic cancer tumors, will improve outcomes for patients with pancreatic cancer...Intermittent dosing intellectual property for both VS-6766 alone and in combination with defactinib was recently allowed, extending patent coverage up to 2038 and 2040, respectively. As of August 31 , Verastem Oncology had cash, cash equivalents and investments of $110.4M.
DFS

Hot Stocks

07:24 EDT Discover expedites payments for TYDEi' healthcare vendor management system - Discover Global Network, the payments brand of Discover, will facilitate payments for TYDEi's new healthcare vendor management system, thereby digitizing and streamlining payments in an industry where 85 percent of healthcare purchasing is done manually via paper checks. This partnership will contribute to improved solutions addressing the nearly $40B in waste and inefficiencies associated with healthcare invoicing. TYDEi's solution offers an industry-first solution for hospitals to connect with their suppliers. It reduces common frictions in hospital purchasing by moving the procurement process to a block-chain enabled platform that reduces costs and risks for hospitals. The partnership with Discover Global Network will enable TYDEi's payments platform, offering hospitals a streamlined and secure way to pay for and track payment for supplies. Currently, Day Kimball Healthcare and Lighthouse Surgery Center use the TYDEi platform.
NTRB

Hot Stocks

07:21 EDT Nutriband demonstrates abuse-deterrent characteristics for AVERSA Fentanyl - Nutriband with Kindeva Drug Delivery have demonstrated enhanced abuse deterrence kinetics of the Company's patented lead product, Aversa Fentanyl, an abuse-deterrent fentanyl transdermal system, with their development and manufacturing partner, Kindeva Drug Delivery. Studies at Kindeva Drug Delivery have demonstrated that Nutriband's proprietary transdermal aversive coating can be manufactured using standard commercial transdermal manufacturing processes, which is critical to the success of the product development program. The next step is to select the final product configuration and perform technology transfer from Kindeva's R&D facility to their world-class transdermal commercial manufacturing site in Northridge, California, US. AVERSA Fentanyl combines Nutriband's proprietary AVERSA abuse-deterrent transdermal technology and Kindeva's FDA-approved transdermal fentanyl patch and was recently estimated to have the potential to reach peak annual US sales of $80M - $200M roughly five years after launch. Nutriband's AVERSA abuse-deterrent technology can be utilized to incorporate aversive agents into transdermal patches to prevent the abuse, diversion, misuse, and accidental exposure of drugs with abuse potential. The AVERSA abuse-deterrent technology has the potential to improve the safety profile of transdermal drugs susceptible to abuse, such as fentanyl while making sure that these drugs remain accessible to those patients who really need them. The technology is covered by a broad intellectual property portfolio with patents granted in the United States, Europe, Japan, Korea, Russia, Canada, Mexico, and Australia.
CLSD...

Hot Stocks

07:21 EDT Clearside Biomedical's SCS platform featured in presentations at AAO meeting - Clearside Biomedical (CLSD) announced that clinical data from multiple internal and partnered programs were presented at the recent 2022 Annual Meeting of the American Academy of Ophthalmology, or AAO. Aura Biosciences (AURA) presented interim safety and efficacy data from the ongoing Phase 2 trial of AU-011 using suprachoroidal administration. This Phase 2 trial is assessing the safety and preliminary efficacy of single- and multiple ascending-doses of belzupacap sarotalocan via suprachoroidal space, or SCS, administration for the first-line treatment of early-stage choroidal melanoma. The results showed a statistically significant reduction in the tumor growth rate vs. each patient's documented growth rate at study entry, and an 88.9% tumor control rate. In addition, the visual acuity preservation rate was 88.9% in these cohorts. The overall safety profile of belzupacap sarotalocan was generally favorable, with no dose-limiting toxicities or treatment-related SAEs. Treatment-related adverse events (AEs) were predominantly mild and resolved without sequalae. Regenxbio's (RGNX) Phase 2 trial of RGX-314 for the treatment of wet AMD using in-office suprachoroidal delivery continues to show positive interim results. The primary endpoint of the trial is mean change in vision in patients dosed with RGX-314. RGX-314 suprachoroidal delivery was reported to be well tolerated across 85 patients dosed in Cohorts 1-5. All common treatment emergent adverse events through 6 months in the study eye were mild or moderate. A meaningful reduction in anti-VEGF treatment burden following administration of RGX-314 compared to mean annualized injection rate during the 12 months prior to administration was observed and ranged from -63.8% to -84.7% across all cohorts.
GMINF

Hot Stocks

07:19 EDT G Mining Ventures announcs repurchase of 1% NSR royalty on TZ Gold Project - G Mining Ventures announced that it is exercising its right to buydown 1.0% of the total 2.5% net smelter return royalty held on its Tocantinzinho Gold Project, resulting in a NSR of 1.5%. In consideration for the Second Buydown Right, the Corporation will make a cash payment of $3.5 million to the original royalty holders pursuant to the agreement dating back to 2003, as subsequently amended.The decision to exercise the Second Buydown Right was made within 30 days of the Corporation's Board of Directors' decision to proceed on full construction on TZ, and provides increased exposure to the Project's exploration potential, while reducing the projected operating costs. The permitted Tocantinzinho Project, is located in Para State, Brazil. Tocantinzinho is an open-pittable gold deposit containing 2.0 million ounces of reserves at 1.3 g/t. The Project is fully financed and currently under construction. The deposit is open at depth, and the underexplored 996km2 land package presents additional exploration potential. The technical report entitled "Feasibility Study - NI 43-101 Technical Report, Tocantinzinho Gold Project" dated February 09, 2022 is filed on SEDAR under the GMIN issuer profile.
IWINF

Hot Stocks

07:17 EDT Irwin Naturals to acquire Ketamine Infusions of Idaho - Irwin Naturals has reached a binding agreement on September 30, 2022 to acquire Ketamine Infusions of Idaho, PLLC, which operates a clinic in Idaho Falls. The clinic will join Irwin Naturals Emergence, a fast-growing national chain of psychedelic mental-health clinics, which already has deals to add a total of 11 clinics across six different states. This clinic will be the chain's first in Idaho. The transaction is back-end loaded, aligning the sellers' interest with the Company and its shareholders. The total consideration is to be paid in a combination of cash and stock, with the maximum payable contingent on a number of milestones related to profitability and operational goals. Further detail will be provided upon closing.
DNA

Hot Stocks

07:16 EDT Ginkgo Bioworks announces acquisition of Circularis - Ginkgo Bioworks announced the tuck-in acquisition of Circularis, a biotechnology company with a proprietary circular RNA and promoter screening platform. The Circularis platform allows ultra-high-throughput screening of promoters and other enhancers. The Circularis platform strengthens Ginkgo's platform for development of cell and gene therapies, providing the capability to rapidly identify novel promoters with appropriate strength and tissue-specificity designed into customer specific delivery modalities. "Circularis has built an exceptional platform to screen gene expression regulatory elements, a need across the cell and gene therapy space," said Narendra Maheshri, Head of Mammalian Foundry at Ginkgo Bioworks. "We are excited to leverage the strong expertise of the Circularis team to further develop circular RNA methods for therapeutic use, and can't wait to incorporate this technology into existing and upcoming cell programs across therapeutic applications as well as more broadly."
LIACF

Hot Stocks

07:15 EDT American Lithium appoints Carsten Korch to board of directors - American Lithium is pleased to announce the appointment of Carsten Korch to the Board of Directors and as an audit committee member. Carsten was an early investor in Assante Gold Corporation and has supported the company through exploration, development and into production and is an independent board member and member of the audit committee. He is also on the Board of Peru based Panoro Apurimac SA., a private company exploring for copper in Peru. In connection with the above appointment of Carsten Korch, the Company also announces that it has granted an aggregate of 150,000 incentive stock options and 150,000 restricted share units in accordance with the Company's incentive plan, and as compensation for ongoing services rendered to the Company. The Options vest over a period of 12 months and are exercisable at a price of $2.14 until July 4, 2027. Each RSU represents the right to receive, once vested, one common share in the capital of the Company. The RSUs vest on July 4, 2024, subject to earlier vesting in the event of a change of control and subject to the polices of the TSX Venture Exchange.
VEEV

Hot Stocks

07:15 EDT Veeva announces over 350 companies using Veeva Vault RIM Suite applications - Veeva Systems announced that more than 350 companies are transforming regulatory operations with Veeva Vault RIM Suite applications to "speed execution and keep pace with evolving health authority requirements," the company said. A growing number of emerging biotechs are adopting Veeva regulatory applications, including more than 65 companies over the last year, to scale operations and simplify submission planning, development, publishing, and archiving. "The rate of change across requirements and regulatory environments calls for agile systems that can adapt quickly," said Marc Gabriel, vice president, Veeva Vault RIM. "More companies are relying on Veeva Vault RIM innovations to keep pace with regional and local regulations, and we're proud to support the industry as a trusted partner for advanced regulatory information management."
VYGR PFE

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07:14 EDT Voyager announces Pfizer exercises option to license novel capsid - Voyager Therapeutics (VYGR) announced that Pfizer (PFE) has exercised its option to license a novel capsid generated from Voyager's TRACER capsid discovery platform to help enable a potential gene therapy program against an undisclosed rare neurologic disease target. Under the terms of the license option agreement, originally announced in October 2021, Voyager previously received a $30 million upfront payment and is entitled to receive a $10 million option exercise payment. Voyager is eligible to receive potential future development, regulatory and commercialization milestone payments of up to $115 million, sales milestones of up to $175 million, and mid- to high-single-digit tiered royalties in connection with Pfizer's use of its capsid in development and commercialization of a gene therapy for a rare neurologic target. The target under agreement with Pfizer is distinct from those utilized in Voyager's internal pipeline programs. Pfizer has elected not to exercise its option to license a capsid for the cardiac target under the original agreement, and all capsid rights for that target are returned to Voyager. Voyager retains global rights to all licensed capsids for use with other transgenes and to all other applications of its TRACER technology.
AGLE

Hot Stocks

07:13 EDT Aeglea provides clinical progress, regulatory update on Homocystinuria program - Aeglea BioTherapeutics announced that dosing in the third cohort of the Phase 1/2 clinical trial of pegtarviliase for the treatment of Classical Homocystinuria is underway. Patients in this cohort are receiving 1.35 mg/kg of pegtarviliase once weekly administered via subcutaneous injection; patients in cohorts 1 and 2 received doses of 0.15 mg/kg and 0.45 mg/kg, respectively. Additionally, the company received a letter from the U.S. Food and Drug Administration, FDA, responding to a recently submitted protocol amendment for the Phase 1/2 clinical trial of pegtarviliase for the treatment of Classical Homocystinuria. The protocol amendment, among other things, requested the inclusion of adolescent patients at clinical trial sites in the U.S. The FDA stated the protocol did not provide adequate justification and evidence to support the prospect of direct clinical benefit for pediatric patients and placed the trial on partial clinical hold for the enrollment of patients less than 18 years of age under this Investigational New Drug, IND, at this time. The company intends to address the feedback from the FDA and aims to satisfy the requirements for prospective benefit for future inclusion of pediatric patients under the IND, including in a potential pivotal trial. The company believes that the letter will have no impact on the planned enrollment and dosing of patients aged 18 years and older in the U.S. or patients aged 12 years and older in the UK and Australia. Enrollment in the trial remains on track and Aeglea continues to expect to announce data in the fourth quarter of 2022, including data from cohort 3. The primary endpoint of the Phase 1/2 open-label trial is safety and tolerability. Three to four patients will be enrolled in each cohort and treated with four once weekly doses of pegtarviliase.
ONEW

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07:12 EDT OneWater Marine completes acquisition of Taylor Marine Centers - OneWater Marine has completed the acquisition of Taylor Marine Centers. The transaction expands the company's presence in the Mid-Atlantic U.S. and enhances new and pre-owned boat sales, finance, and parts and services offerings.
UNFI

Hot Stocks

07:12 EDT United Natural Foods opens distribution center in New Hampshire - United Natural Foods announced it has opened a 125,000 square foot refrigerated distribution center in Londonderry, New Hampshire, expanding the company's overall capacity and ability to deliver a selection of products to support customer growth across the northeast. The addition of the Londonderry facility will help UNFI expand its refrigerated capacity, relieve pressure at its Chesterfield, New Hampshire and Dayville, Connecticut distribution centers, and help facilitate customer growth across the New England market, including the culinary business of one of its largest customers. UNFI continues to expand and optimize its distribution center network in its efforts to create an optimized, expansive, and high-quality food supply network, delivering for customers a robust national, regional, and local supplier portfolio. The facility completed its first outbound shipments to UNFI customers on Monday, October 3.
HYRE

Hot Stocks

07:11 EDT HyreCar fleet partner AmeriDrive begins first new car purchases - HyreCar announced that AmeriDrive has purchased an initial tranche of vehicles and has reached an agreement to purchase 1,500 more vehicles over the next six months from one of the top three rental car companies in the U.S. The vehicles will be purchased using a portion of the recently announced $100M warehousing line of credit. AmeriDrive expects to add 800 to 1,000 cars in current and new markets by the end of 2022. The companies expect cars from this initial purchase to be available for rent on the HyreCar platform by November 1. The purchase agreement serves as a channel for vehicle acquisition as AmeriDrive plans to increase its fleet by 6,000 to 7,000 cars over the next 18 months for exclusive listing on the HyreCar platform.
CM

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07:11 EDT CIBC announces senior executive appointments - CIBC President and CEO Victor Dodig today announced senior leadership appointments to further the bank's client-focused strategy. The following leadership changes are effective November 1, 2022: Mike Capatides, Senior Executive Vice-President and Group Head, US Region, and President & CEO, CIBC Bank USA, will be transitioning to the role of Vice-Chair, CIBC Bank USA, focused on developing and deepening client relationships. Shawn Beber will assume the role of Senior Executive Vice-President and Group Head, US Region, and President & CEO, CIBC Bank USA, and our US bank holding company. Frank Guse will take on the role of Senior Executive Vice-President and Chief Risk Officer and join CIBC's Executive Committee. Continuing in their current roles on CIBC's Executive Committee are: Harry Culham, Laura Dottori-Attanasio, Jon Hountalas, Christina Kramer, Kikelomo Lawal, Hratch Panossian and Sandy Sharman.
UEC

Hot Stocks

07:09 EDT Uranium Energy announces new discovery at Christie Lake Project - Uranium Energy announces a new discovery of high-grade uranium at its 82.77% owned Christie Lake Project, located in the eastern Athabasca Basin of northern Saskatchewan, Canada. To date, seven holes have been drilled into a new discovery, named the Sakura Zone. Amir Adnani, CEO and President stated: "We're delighted to hit the ground running with our newly acquired portfolio in Canada. In the last ten months we've invested close to $420 million to create a unique two-pronged approach with a 100% unhedged market strategy: 1) near term U.S. In-Situ Recovery production; and 2) Canadian high-grade conventional pipeline. Our Canadian high-grade conventional business is comprised of 29 projects, 5 of which are advanced resource-stage, with Christie Lake being one that we see strong potential for resource growth."
VRSSF

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07:09 EDT OTC Markets Group welcomes Verses Technologies to OTCQX - OTC Markets Group announced VERSES Technologies has qualified to trade on the OTCQX Best Market. Verses Technologies Inc. upgraded to OTCQX from the Pink market.
ABSI

Hot Stocks

07:09 EDT Absci appoints Andreas Busch as Chief Innovation Officer - Absci appointed Andreas Busch as Chief Innovation Officer, where he will be responsible for leading R&D, technical operations, and driving both Absci's internal and partner programs. Prior to joining Absci, Busch served as Chief Scientific Officer and Chief Innovation Officer, Head of the Innovation Center at Cyclerion Therapeutics, an innovator in CNS biotherapeutics. Before Cyclerion, Busch served as Executive VP, Head of Research & Development and Chief Scientific Officer at Shire prior to their acquisition by Takeda. Prior to joining Shire, he held several senior leadership positions in his 13-year tenure at Bayer, most recently as Executive VP and Head of Global Drug Discovery for Bayer Pharma.
AKTS

Hot Stocks

07:08 EDT Akoustis announces Wi-Fi 6E, Wi-Fi 7 filter solutions - Akoustis Technologies announced that it has started sampling two new Wi-Fi 6E and Wi-Fi 7 filter solutions, covering the U-NII 1-3 and U-NII 5-8 bands of high-frequency, high-speed Wi-Fi. The filters are expected to ramp into production in the first half of calendar 2023.
DNA

Hot Stocks

07:08 EDT Ginkgo Bioworks announces acquisition of Altar - Ginkgo Bioworks announced the tuck-in acquisition of Altar, a French biotechnology company that has developed a proprietary adaptive evolution platform. A fleet of Altar's automated adaptive laboratory evolution, ALE, instruments will be integrated into Ginkgo's Foundry to serve customers across food and beverage, biofuels, biomaterials, cosmetics, animal health and human health applications, among others. By incorporating Altar's ALE platform to Ginkgo's existing strain engineering capabilities, Ginkgo expects to be able to routinely engineer those target phenotypes that can be selected for based on their improved growth properties under defined process conditions. "As the range of programs we work on continues to expand, it is imperative that we have the best tools in rational design as well as the ability to leverage the inherent diversity and creativity that emerges from evolutionary processes," said Nikos Reppas, Senior Director, Foundry Technology at Ginkgo Bioworks. "We're excited to welcome the Altar team to Ginkgo and look forward to integrating the Altar technology into Ginkgo's suite of offerings so we can better serve existing and future customers."
FRLN

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07:07 EDT Freeline initiates dosing of second cohort in trial of gene therapy candidate - Freeline announced that the first patient has been dosed in the second dose cohort of the Phase 1/2 MARVEL-1 clinical trial of FLT190 in Fabry disease, a debilitating inherited disorder that leads to progressive organ damage and can result in early death as a result of a harmful build-up of fat in cells due to an enzyme deficiency. Freeline recently reached alignment with the FDA to dose patients in MARVEL-1 in the U.S. Efficacy and safety data from the first dose cohort of MARVEL-1 supported progression to the second, mid-dose cohort. MARVEL-1 is an international, multicenter, adaptive dose-escalation and dose-expansion Phase 1/2 clinical trial in adult men with classic Fabry disease. The trial is evaluating the safety and efficacy of one-time treatment with FLT190 in up to four dose cohorts. In the dose-escalation part, patient dosing is staggered to allow for adequate monitoring of both safety and efficacy. Patients will be monitored for nine months after dosing and will be eligible to participate in a long-term follow-up study for at least five years.
BABA PAYO

Hot Stocks

07:06 EDT Alibaba announces expansion of manifest grants program - Alibaba.com, a business unit of Alibaba Group (BABA), announced an additional four program partners to its Manifest Grants Program designed to support U.S.-based small and mid-sized businesses. Hand-selected partners engaged with the Manifest Grants Program include: Black Entrepreneurs Day, Indiegogo, Payoneer (PAYO), and AMZScout. Together, these organizations will offer Alibaba.com Manifest Grants Program applicants and 50 grant recipients a wide range of resources, educational opportunities, and marketing tools to support the growth of their businesses. "The addition of these highly respected organizations to our Manifest Grants Program will allow participants a vast array of supportive resources and networks to build their small businesses in this challenging market environment," said Stephen Kuo, President of Alibaba.com North America. "The goal of the program is to help small and medium-sized businesses boost their competitive edge, and that's exactly why we chose to work with this group of incredible partners. We're excited to find ways to expand our program with some of the world's best known small business resources and offer a robust support system to motivated entrepreneurs."
GXO

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07:06 EDT GXO receives UK regulatory clearance for acquisition of Clipper Logistics - GXO Logistics announced that it has received unconditional regulatory clearance from the U.K. Competition and Markets Authority for its acquisition of Clipper Logistics. On May 24, 2022, GXO completed its offer however both companies continued to be run independently pending completion of the regulatory review. Prior to the acquisition, GXO operated more than 900 facilities globally totaling approximately 200 million square feet with 120,000 team members. With Clipper, GXO gains more than 50 sites, 10 million square feet, 10,000 team members and adds geographic presence in Germany and Poland, in the life sciences sector as well as expertise in premium services, including reverse logistics and repairs, which are key growth areas for GXO. GXO expects to realize significant productivity opportunities and cost synergies within two years from transaction close. The integration process will begin promptly and progress through the latter part of the year while ensuring a successful holiday peak season for customers.
CNTB

Hot Stocks

07:04 EDT Connect Biopharma reports CBP-201 achieved all endpoints in AD trial - Connect Biopharma announced topline results for the primary analysis population of the pivotal trial of the Company's lead candidate, CBP-201, in patients with moderate-to-severe atopic dermatitis in China. This multi-center, randomized, double-blind, parallel group, placebo-controlled trial is evaluating the efficacy and safety of CBP-201 as well as the potential for an extended CBP-201 dosing interval during the maintenance phase of treatment. The primary endpoint of IGA of 0 or 1 with at least 2 grades of reduction at Week 16 from baseline was significantly greater for the CBP-201 group with 30.3% of patients showing improvement compared to 7.5% for the placebo group. CBP-201 also met key secondary endpoints, including 83.1%, 62.9% and 35.8% of patients achieving a 50%, 75%, 90% reduction in the Eczema Area and Severity Index score from baseline compared to 41.1%, 23.4% and 6.3% for the placebo group, respectively. Significant improvement in pruritus with 35.0% of patients experiencing a reduction of 4 or greater on the Peak Pruritus-Numerical Rating Scale compared to 9.6% for placebo. The percent change from baseline compared to placebo showed a statistically significant improvement in itch one week after the first dose. CBP-201 was generally well tolerated, with safety results comparable to placebo, with a similar incidence of Treatment-Emergent Adverse Event of 73.5% versus 72.9% for the placebo group, Serious Adverse Events of 0.6% versus 3.5% over the 16-week treatment period. Most TEAEs were mild to moderate in severity and did not lead to study drug discontinuation. The incidence of injection site reactions lasting longer than 24 hours all of which were mild in severity, and conjunctivitis were the most frequently reported treatment-emergent adverse events of special interest. The Company anticipates engaging with the Center for Drug Evaluation of the National Medical Products Administration in the next several months to determine the potential for a New Drug Application filing.
UK

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07:04 EDT Ucommune International completes digital operation management across locations - Ucommune International has achieved comprehensive digital operation management by the end of the third quarter of 2022 through its in-house developed SaaS management platform for office buildings and industrial parks. Ucommune has continued to deepen its development in the field of digital technology, with its business coverage expanded on the basis of co-working space, achieving diversified service goals. All of the 980,000-square-meter managed coworking area of Ucommune has completed the digital transition through the Platform with 12 modules including asset management, investment management, intelligent hardware management, and coworking community management. In addition, the Platform provides real estate asset management services to hundreds of enterprise customers, including the management of more than 1.8 million square meters of commercial buildings and parks, as well as over 1,200 apartments.
AUTL BMY

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07:04 EDT Autolus Therapeutics collaborates with Bristol-Myers for use of safety switch - Autolus Therapeutics (AUTL) has entered into an agreement with Bristol Myers Squibb (BMY). The agreement grants Bristol Myers Squibb access to incorporate Autolus' proprietary RQR8 safety switch into an initial set of selected cell therapy programs on a target-by-target basis for the treatment of cancer, with an option for Bristol Myers Squibb to incorporate the RQR8 safety switch in additional cell therapy programs beyond the initial set of selected programs. Safety switches are designed to allow the use of pharmacological agents to selectively eliminate a cell therapy in the event a patient experiences severe adverse side effects from the treatment. Autolus' proprietary RQR8 switch works by administration with the approved pharmaceutical antibody, rituximab. Under the terms of the agreement, Autolus will receive an upfront payment for access to the RQR8 safety switch for the initial set of cell therapy programs with the potential for near term option exercise fees and development milestone payments. In addition, Autolus would be entitled to receive royalties on net sales of all Bristol Myers Squibb cell therapy products that incorporate the RQR8 safety switch.
CATC

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07:03 EDT Cambridge Bancorp announces Zelleke to join board of directors - Cambridge Bancorp and its subsidiary, Cambridge Trust Company announced a new member to its Board of Directors. Joining the board is Andy Zelleke. Zelleke joins Cambridge Trust Board of Directors with two decades of experiencee. He is a senior lecturer at Harvard Business School and has served on the faculties of the Harvard Kennedy School and the University of Pennsylvania's Wharton School.
BCRX

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07:02 EDT BioCryst reports inducement grants under Nasdaq listing rule - BioCryst Pharmaceuticals announced that the compensation committee of BioCryst's board of directors granted 33 newly-hired employees stock options to purchase an aggregate of 522,808 shares, and restricted stock units covering an aggregate of 166,916 shares, of BioCryst common stock. The options and RSUs were granted as of September 30, 2022 as inducements material to each employee entering into employment with BioCryst. The options and RSUs were granted in accordance with Nasdaq Listing Rule 5635(c)(4). The options have an exercise price of $12.60 per share, which is equal to the closing price of BioCryst common stock on the grant date. The options and RSUs vest in four equal annual installments beginning on the one-year anniversary of the grant date, in each case subject to the new employee's continued service with the company. Each stock option has a 10-year term. The options and RSUs are subject to the terms and conditions of BioCryst's Inducement Equity Incentive Plan and a stock option agreement or restricted stock unit agreement, as applicable, covering the grant.
MTRN

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06:51 EDT Materion invests $20M in Massachusetts facility - Materion Corporation announced that it is investing more than $20 Million in its recently acquired Newton, Massachusetts facility. The investments will significantly broaden capacity for materials used in semiconductor chip manufacturing and facilitate the continued development of products to support the logic and advanced chips found in today's most powerful electronic devices. The Newton site became part of Materion through the company's acquisition of HCS-Electronic Materials in November 2021. As part of its successful integration of the business, Materion has achieved several significant milestones, including increasing output of high-value tantalum products by more than 20 percent. The Newton facility utilizes proprietary technology and extensive material science know-how to deliver tantalum- and niobium- based premium products and services for the semiconductor, industrial, and aerospace & defense markets. Materion's acquisition of the business has enabled the company to build on its existing portfolio of electronic materials and premium thin film target solutions, significantly enhancing the company's position as a leading global supplier to the high-growth semiconductor industry. Since the acquisition, the company has increased the site workforce by 27 percent and implemented operational excellence initiatives to increase output and meet growing customer demand. These new investments will build on the site's strong foundation of expertise producing extremely pure, texture-controlled tantalum materials that are critical in the production of the most advanced semiconductor chips, which are on track for significant growth over the next decade.
VLDR

Hot Stocks

06:50 EDT Velodyne Lidar acquires Bluecity in all-stock transaction - Velodyne Lidar announced the company has acquired Bluecity, a Montreal-based artificial intelligence software company whose next-generation, lidar-based solutions solve safety, traffic and infrastructure issues. The all-stock acquisition reinforces Velodyne's commitment to enabling customer success by delivering industry-leading, AI-powered autonomous vision solutions. The addition of Bluecity is expected to be immaterial to operating expenses and cash usage. Bluecity's executive, software development and sales teams will join Velodyne. Velodyne and Bluecity have been partnering for many years to deliver lidar-based solutions for smart city applications. Velodyne's Intelligent Infrastructure Solution combines the company's award-winning lidar sensors and Bluecity's AI software. IIS delivers traffic monitoring and analytics to improve road safety and efficiency, and helps cities plan for smarter, greener transportation systems. The solution is deployed across four continents with 74 installations, including systems rolled out domestically in California, Colorado, Florida, New Jersey, Maryland, Texas, Nevada and Michigan and internationally in Canada, China, UAE, India, Finland, Germany and Australia.
RHHBY...

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06:49 EDT FDA approves Roche breast cancer detection test eligible for ENHERTU - Roche (RHHBY) "announced that the FDA approved the PATHWAY anti-HER2/neu 4B5 Rabbit Monoclonal Primary Antibody to identify metastatic breast cancer patients with low HER2 expression for whom ENHERTU - fam-trastuzumab deruxtecan-nxki - may be considered as a targeted treatment. ENHERTU is a specifically engineered HER2-directed antibody drug conjugate being jointly developed and commercialised by AstraZeneca (AZN) and Daiichi Sankyo (DSNKY)". Reference Link
NAK

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06:48 EDT Northern Dynasty says Alaska, other states oppose EPA veto of Pebble - Northern Dynasty Minerals advises that a letter was submitted to the Environmental Protection Agency by the State of Alaska, and a second letter signed by a total of 14 states, was submitted protesting against the EPA's overreach with the revised Proposed Determination of the Pebble Project in Southwest Alaska. The State of Alaska has submitted a strongly-worded letter to the EPA detailing its deep concerns about the EPA's actions, for reasons including: "It diminishes the importance of resource development to Alaska and its people. It also disregards the State's ability to - and history of - ensuring protection of its own fishery resources through the State's permitting system...Ensuring Alaska's ability to develop its resources, was a key concern to the State and Congress during statehood negotiations...In the unlikely event of its validity, exercise of this veto would constitute a regulatory taking, for which compensation, in the billions, is due."
PFE

Hot Stocks

06:47 EDT Pfizer announces Phase 3 TALAPRO-2 trial meets primary endpoint - Pfizer announced topline results from the Phase 3 TALAPRO-2 study of TALZENNA, an oral poly ADP-ribose polymerase inhibitor, in combination with XTANDI compared to placebo plus XTANDI in men with metastatic castration-resistant prostate cancer with or without homologous recombination repair gene mutations. The study met its primary endpoint with a statistically significant and clinically meaningful improvement in radiographic progression-free survival compared with placebo plus XTANDI. The results of the primary endpoint exceeded the pre-specified hazard ratio of 0.696. Results showed a trend toward improved overall survival, a key secondary endpoint, at the time of the analysis, but these data are not yet mature. Benefits were also observed in other secondary endpoints, including investigator assessed rPFS, prostate specific antigen response, time to PSA progression, and overall response rate. Other secondary endpoints are being analyzed. At the time of topline analysis, the safety of TALZENNA plus XTANDI were generally consistent with the known safety profile of each medicine. Detailed results from TALAPRO-2 will be submitted for presentation at a near-term medical congress. These data will also be shared with global regulatory authorities to potentially support a regulatory filing. TALZENNA or the combination of TALZENNA plus XTANDI have not been approved by any regulatory agency for the treatment of mCRPC. In addition to the TALAPRO-2 trial, the combination of TALZENNA plus XTANDI is being investigated in the TALAPRO-3 trial, a global, randomized, double-blind, placebo-controlled Phase 3 study in men with HRR-deficient mCSPC.
WLBMF

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06:40 EDT Wallbridge Mining reminds shareholders of Special Meeting - Wallbridge Mining Company would like to remind its shareholders of the upcoming Special Meeting of Shareholders to be held at 4:30 PM on October 18, 2022 and the timing of associated events. The Special Meeting is related to the proposed distribution to Shareholders of a portion of the 66,211,928 common shares of Archer Exploration that are expected to be received by the Company as partial consideration following the closing of the proposed acquisition by Archer of all of the property, assets, rights and obligations related to Wallbridge's portfolio of nickel assets. Closing is expected to occur in the fourth quarter of 2022, and such number of Archer Shares to be distributed is adjusted to reflect a proposed consolidation immediately prior to the date of the Closing at a rate of three pre-consolidation Archer Shares for one post-consolidation Archer Share. At the Special Meeting, Shareholders of record as of September 8, 2022 are being asked to approve a special resolution authorizing and approving a reduction of the stated capital account of the common shares of Wallbridge for the purpose of effecting the Distribution as a return of capital in order to minimize the up-front tax consequences for Shareholders. The Transaction is not subject to approval by Shareholders. The Company believes the Distribution, including the Stated Capital Reduction and Return of Capital, represents an appropriate means of rewarding Shareholders for their support in a tax-efficient manner. As such, management's recommendation is that Shareholders vote FOR the Stated Capital Reduction Resolution as detailed in the meeting materials provided to all Shareholders
HUT...

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06:38 EDT Hut 8 Mining increases Bitcoin holdings by 277 in September - Hut 8 Mining increased its Bitcoin holdings by 277 in the period ending September 30, bringing the total of self-mined holdings to 8,388 Bitcoin. Total Bitcoin balance held in reserve as of September 30 is 8,388. Consolidated the most efficient miners at our Medicine Hat site, increasing hashrate efficiency by 11%. Installed ASIC hashrate capacity was 3.07 EH/s at the end of the month, which excludes certain legacy miners that we anticipate will be fully replaced by the end of the year. Hut 8 produced 90.2 BTC/EH in September. "We continue to add to our Bitcoin on balance sheet, which is the largest unencumbered, self-mined stack of any publicly-traded mining company," said Jaime Leverton, CEO. "As we head into the fourth quarter with strong momentum, we are focused on optimizing our Bitcoin mining operations while growing our high performance computing business, which includes potentially leveraging our GPU machines to provide AI, Machine Learning, or VFX rendering services to customers, and mining the next most profitable Proof of Work digital asset during idle time."
TT

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06:37 EDT Thermo King completes initial testing of evolve electric trailer - Thermo King has completed initial testing of its innovative evolve electric trailer with retailers Walmart and Loblaws, and Martin Brower, a leading supply chain solutions provider for restaurants around the world. During more than 2,500 hours of operation, the battery-powered refrigerated trailer unit delivered excellent performance, ensuring high quality climate control to keep food and other goods fresh. With zero direct emissions, Thermo King's electric trailer technology can help to significantly decarbonize the cold chain.
EVRI

Hot Stocks

06:35 EDT Everi Holdings to acquire certain assets of Venuetize, terms undisclosed - Everi Holdings announced an agreement to acquire certain strategic assets of Venuetize. Venuetize is a privately owned innovator of mobile-first technologies that provide an advanced guest engagement and m-commerce platform for the sports, entertainment and hospitality industries. Venuetize collaborates with its clients and partners with their venue ecosystem to elevate the guest experience and strengthen their mobile channel engagement, leading to incremental revenue opportunities. The transaction is anticipated to close within 30 days, subject to customary conditions. The acquisition will be funded from existing cash on hand. Following the acquisition of these assets, Venuetize's experienced team will join Everi.
CDXC

Hot Stocks

06:35 EDT ChromaDex announces findings from clinical study of nicotinamide riboside - ChromaDex announced promising findings from a clinical study, as reported in the peer-reviewed journal Journal of the American College of Cardiology: Basic to Translational Science by a team of scientists led by Dr. Kevin O'Brien, Division of Cardiology, Department of Medicine, in collaboration with Dr. Rong Tian, Mitochondria and Metabolism Center, Department of Anesthesiology and Pain Medicine, University of Washington School of Medicine, Seattle, Washington, USA. The clinical study was part of the ChromaDex External Research Program and investigated the safety and tolerability of the company's proprietary Niagen ingredient, patented nicotinamide riboside or NR, in Stage C heart failure patients with reduced ejection fraction, which occurs when the left ventricular ejection fraction is 40% or less. Additionally, the effects of NR on white blood cells' mitochondrial respiratory function, inflammation and whole blood nicotinamide adenine dinucleotide levels were assessed. The promising results from this study demonstrate that high-dose NR was safe and well-tolerated, almost doubling whole blood NAD+ levels, increasing white blood cell mitochondrial respiratory function and decreasing the expression of inflammatory markers. This study marks a major milestone as it is the first study to investigate the safety and tolerability of NR in a randomized, placebo-controlled trial of patients with heart failure, a crucial step that will pave the way for future clinical research. This randomized, double-blinded, placebo-controlled clinical study analyzed 30 Stage C heart failure patients over 12 weeks. The patients were supplemented with escalating doses of NR or placebo starting at 250mg twice per day, then increasing by 250mg twice per day each week resulting in a final dose of 2000mg/day at week 3 and beyond. The results showcased: NR was well-tolerated, with no adverse side effects and nearly doubled whole blood NAD+ levels. Increased NAD+ resulted in increased white blood cell mitochondrial respiration and decreased expression of inflammatory markers, such as NLRP3. This suggests that boosting NAD+ helps reduce systemic inflammation. These promising results suggest that NR supplementation may have therapeutic potential in patients with heart failure and will set the groundwork for future research to determine its use as a potential therapeutic strategy.
SWI

Hot Stocks

06:34 EDT SolarWinds launches new global Transform Partner program - SolarWinds launched the SolarWinds Transform Partner Program to support and drive growth for the company's global channel partners. The new channel program is designed to transform the way SolarWinds partners with technology distributors, value-added resellers, global system integrators, managed service providers and cloud partners around the world. The new program provides SolarWinds partners with financial incentives, performance rebates, enablement and training programs, an enhanced Partner Portal, and new marketing and sales support. Transform provides a new model for partners to offer their clients SolarWinds technology solutions through SaaS and cloud-connected, on-premises deployments. This new partner program follows the launch of SolarWinds Hybrid Cloud Observability as a comprehensive, integrated, and cost-effective solution. Hybrid Cloud Observability helps organizations shift from reactive to proactive IT postures as they meet the challenges of hybrid IT. And with the Transform launch, SolarWinds adds a new partner category to support MSP partners with an engagement mode for MSPs ranging from global scale to regional providers. Transform is the first formal SolarWinds channel program
KALV

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06:33 EDT KalVista annnounces termination of KVD824 Phase 2 KOMPLETE trial - KalVista Pharmaceuticals announced that it has terminated the KOMPLETE phase 2 clinical trial for KVD824 for the prevention of attacks in people with hereditary angioedema. This decision was based on the observation of liver enzyme elevations in multiple patients in all treatment groups of the trial. No patients had concomitant elevation of bilirubin levels and all were asymptomatic. "The health and safety of participants in our clinical trials is of utmost importance to us," said Andrew Crockett, CEO of KalVista. "We made the difficult decision to terminate KOMPLETE because we concluded that the emerging safety profile of the current formulation will not meet our requirements for a best-in-class oral prophylactic therapy. This termination conserves our financial resources and allows us to focus on continuing to advance sebetralstat through the ongoing phase 3 program and towards a planned 2024 NDA filing, as well as on our emerging oral Factor XIIa inhibitor program as a potential once daily prophylactic therapy for people with HAE." The KOMPLETE trial is a phase 2 clinical trial evaluating KVD824, an investigational oral plasma kallikrein inhibitor designed for the prevention of attacks in adults living with HAE. Patients in the trial were randomized to one of three treatment groups, each placebo controlled: 300 mg, 600 mg, 900 mg KVD824, all dosed twice daily. A total of 33 patients were enrolled in the trial, of which 7 patients experienced either Grade 3 or Grade 4 elevations of liver enzymes at timeframes ranging from two to twelve weeks. The elevations were noted in all treatment groups. One additional Grade 4 elevation was recorded in a patient at the baseline visit, prior to receiving study drug. KalVista will proceed to finalize the database of the trial and assess the unblinded data for efficacy and safety to determine the potential for any further development. KalVista continues to recruit the phase 3 KONFIDENT trial assessing sebetralstat as a potential oral, on-demand therapy for HAE attacks, with data anticipated in the second half of 2023. Sebetralstat is a distinct compound from KVD824, and no treatment related liver enzyme elevations in patients have been observed in any sebetralstat clinical studies, including in the ongoing Phase 3 KONFIDENT trial.
LITM

Hot Stocks

06:20 EDT Snow Lake Resources hosts LG Energy Solution as part of collaboration - Snow Lake Resources Ltd., d/b/a Snow Lake Lithium hosted LG Energy Solution in Manitoba, Canada on September 13th to explore the potential next step towards building a domestic supply chain for the North American electric vehicle market. The visit by LG Energy Solution advances the collaboration with Snow Lake Lithium which will see the delivery of one of Canada's first lithium hydroxide processing plants in CentrePort, Southern Manitoba. Manitoba Hydro - a hydroelectric power provider in Manitoba - was also included in the discussions regarding the provision of sustainable, clean power to the plant in addition to a site visit to the proposed facility in CentrePort. Meetings held at the Manitoba Legislative Building included participation from Snow Lake Lithium and LGES representatives, as well as Jordan Gaw and Jenny Kang from Invest in Canada and Cliff Cullen, the Deputy Premier and Minister of Economic Development, Industry and Trade. Representatives from the Economic Secretariat of Manitoba, the Department of Economic Development, Industry and Trade, and Manitoba's Chamber of Commerce were also present.
DWAY

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06:19 EDT DriveItAway receives FINRA approval for name, trading symbol change - DriveItAway Holdings announced that it has received confirmation from the Financial Industry Regulatory Agency that the pending company name change and trading symbol change request to DriveItAway Holdings, Inc. and "DWAY," has been approved. Accordingly, effective Monday, October 3, 2022, the company's common stock will trade on the OTC Pink tier of the over-the-counter market operated by OTC Markets Group, Inc. as follows: New Name: DriveItAway Holdings, Inc. New Symbol: DWAY. This approved corporate action was related to Company's previous amendment to its Articles of Incorporation on April 18, 2022, whereby the Company's corporate name had been changed to DriveItAway Holdings, Inc. from Creative Learning Corp. The Company believes that this recent change effectuated by FINRA will eliminate confusion in the marketplace for existing and future stockholders.
CGAU

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06:17 EDT Centerra Gold announcs intention to make normal course issuer bid - Centerra Gold is pleased to announce that, subject to the approval of the Toronto Stock Exchange, it intends to proceed with a normal course issuer bid to purchase for cancellation up to an aggregate of 15,610,813 common shares in the capital of the Company, representing approximately 7.1% of Centerra's total issued and outstanding Common Shares, or 10% of the public float. As of September 30, 2022, Centerra had 220,086,775 issued and outstanding Common Shares. Centerra believes that the Common Shares have been trading in a price range which does not adequately reflect the value of such shares in relation to Centerra's assets and its future prospects. As a result, Centerra believes that the NCIB will provide the Company with a flexible tool to deploy a portion of its cash balance to, depending upon future price movements and other factors, repurchase Common Shares while preserving its strong balance sheet position. Centerra will file a notice of intention to make a NCIB with the TSX and, subject to the approval of the TSX, Centerra may purchase Common Shares under the NCIB over a twelve-month period. Under the NCIB, daily purchases would be limited to 226,201 Common Shares, other than purchases made under block purchase exemptions. Once the NCIB is commenced, the exact timing and amount of any purchases will depend on market conditions and other factors. Centerra will not be obligated to acquire any Common Shares and may suspend or discontinue purchases under the NCIB at any time. Any purchases made under the NCIB will be made at market price at the time of purchase through the facilities of the TSX and/or alternative Canadian trading systems in accordance with applicable securities laws and stock exchange rules. Centerra intends to establish an automatic share purchase plan in connection with its NCIB to facilitate the purchase of Common Shares during times when Centerra would ordinarily not be permitted to purchase Common Shares due to regulatory restrictions or self-imposed black-out periods. Before entering a black-out period, Centerra may, but is not required to, instruct the broker to make purchases under the NCIB based on parameters set by Centerra in accordance with the automatic share purchase plan, applicable securities laws and stock exchange rules.
SWVL

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06:17 EDT Swvl reports 58% of portfolio turns adjusted EBITDA breakeven - Swvl Holdings reported that operations in 5 of its 10 top countries by revenue, namely Egypt, Turkey, Germany, Kenya, and Jordan, turned Adjusted EBITDA positive or breakeven in August 2022. These 5 countries generated 58% of Swvl's H1 2022 revenues and represent the entirety of Swvl's African operations and a majority of its European and Middle Eastern operations. Both the direct to consumer and enterprise segments in these countries turned Adjusted EBITDA breakeven individually and in the aggregate. Swvl expects to breakeven at full portfolio level in Q4 of this year and at consolidated level, inclusive of central costs, next year.
CGAU

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06:16 EDT Centerra Gold announces highlights of LOM plan for Mount Milligan Mine - Centerra Gold announces highlights from an updated life of mine for the Mount Milligan Mine. Mount Milligan Mine LOM Highlights: Increase in proven and probable gold mineral reserves from the 2021 year-end mineral reserve and resources summary by 1.1 million contained ounces and copper mineral reserves by 260 million contained pounds. The Mount Milligan Mine deposit contains mineral reserves totaling 246.2 million tonnes at 0.37 g/t gold and 0.18% copper. Mine life extended by over four years, extending open pit mining and milling operations to 2033. Increase from the 2020 Mount Milligan Technical Report LOM in total payable gold ounces produced by more than 0.8 million ounces and payable copper pounds produced by 191 million pounds from 2022 onwards. LOM payable gold production of 1.9 million ounces at a production cost of $502/ounce, an all-in sustaining cost on a by-product basisNG of $756/ounce and all-in cost on a by-product basisNG of $770/ounce. Recent inflationary cost pressure will be taken into consideration when the Company updates and discloses the Mount Milligan Mine's 2023-2025 production and cost guidance in early 2023. The Company's 2022 guidance remains on track for year-end. Net cash flow over the LOM is estimated at $640 million using a gold price of $1,500/ounce and copper price of $3.25/pound and over $1.0 billion at prices of $1,700/ounce of gold and $3.50/pound of copper. Mount Milligan's after-tax net present value is estimated at $486 million at a 5% discount rate using a gold price of $1,500/ounce and copper price of $3.25/pound and an estimated $797 million at gold and copper prices of $1,700/ounce and $3.50/pound, respectively. Significant exploration potential exists for new areas of mineralization.
DGHI BTC

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06:15 EDT Digihost reports quarterly bitcoin production up 52% y-o-y - Digihost (DGHI) provided unaudited comparative bitcoin (BTC) production results for the month and quarter ended September 30, combined with an operations update. The company mined approximately 591 BTC in the first nine months of 2022, exceeding full year 2021 BTC production by approximately 14%. For September, the company mined 69.84 BTC, resulting in total holdings of 160.86 BTC at the end of September valued at approximately $3.13M based on a BTC price of $19,432 as of September 30. Reports Ethereum holdings of 1,000.89 ETH at the end of September valued at approximately $1.33M based on an ETH price of $1,328 as of September 30. Reports total digital asset inventory value, consisting of BTC and ETH, of approximately $4.46M as of September 30. In addition, the company held cash of approximately $3.0M as of September 30. Cash and liquid assets as of September 30 totalled approximately $7.46M. The company remains debt free as of September 30. The company reduced its overall energy consumption throughout Q3 of 2022 with its operation running predominantly at off-peak hours. In a year-over-year monthly comparison, the company mined approximately 32.17 more BTC in September 2022 compared to September 2021, representing an increase of approximately 85%. In a year-over-year quarterly comparison, the company mined an additional 69.76 BTC during 3Q22 vs. 3Q21, representing year-over-year quarterly increase of 52%. Digihost has received approval from the New York Public Service Commission for the acquisition of the 60 MW power plant in North Tonawanda announced on March 24, 2021. Digihost currently expects to complete the acquisition of the power plant in 4Q22. The ompany will be able to increase its current operating capacity by approximately 150%, increasing Dighost's hash rate to approximately 1.6 EH. Continues the development of the facilities Phase 1 build-out and construction work in Alabama on schedule and on budget. Completion of the Phase 1 build will provide the Company with approximately 550 PH of additional operating capacity. Earlier in the year the Company announced that it acquired 25 acres of land in North Carolina and will be developing it for use in Q3 or Q4 of 2023 with a request for allocation of up to 200MW of power.
MTDR

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06:13 EDT Matador announces upgrades to corporate credit rating, bond repurchases - Matador Resources Company announced recent upgrades by Fitch Ratings to the Company's corporate credit rating and $105 million in additional purchases of the Company's outstanding senior notes. On September 29, 2022, Fitch upgraded Matador's Long-Term Issuer Default Rating from 'B+' to 'BB-'. In its September 29, 2022 press release, Fitch noted, "The upgrade reflects the company's production growth momentum, Management's continued commitment to a conservative financial policy and significant gross debt reduction, which has materially improved credit metrics. Matador's ratings reflect the company's high margin, oil-weighted Delaware acreage, supportive midstream assets, strong unit economics and cash netbacks, sub-1.0x leverage and clear maturity schedule." Between September 12, 2022 and September 30, 2022, Matador used a portion of its free cash flow to repurchase $105 million of its outstanding senior notes in a series of open market transactions, reducing its outstanding bonds from $862 million at September 12, 2022 to $757 million at the end of the third quarter. Over the past seven quarters, beginning in the fourth quarter of 2020, Matador has reduced its outstanding debt by $768 million or just over half of Matador's then total revolving debt and senior notes outstanding.
CURO

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06:11 EDT Flexiti announces upsized C$35M revolving warehouse credit facility - Flexiti Financial announced that it has upsized its revolving warehouse credit facility from C$500 million to C$535 million and extended its maturity. Credit Suisse serves as administrative agent on the facility, with financing also provided by an affiliate of Bank of Montreal and funds managed by Atalaya Capital Management. Combined with its pre-existing C$527 million securitization facility, Flexiti has access to over C$1 billion in capital to fund its rapidly growing consumer receivables portfolio and help meet the increasing demand for loans from Canadian consumers.
GEHI

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06:10 EDT Gravitas Education announces ADS ratio change - Gravitas Education announced that it will change the ratio of its American Depositary Shares, or ADSs, to Class A ordinary shares from one ADS representing one share to one ADS representing 20 shares, effective October 14. For the company's ADS holders, the change in the ADS ratio will have the same effect as a one-for-twenty reverse ADS split. Effective October 14, registered holders of ADS of the company will be required on a mandatory basis to surrender their old ADSs to the depositary bank for cancellation and will receive one new ADS in exchange for every twenty old ADSs then-held.
IMRN

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06:09 EDT Immuron executes Travelan clinical trial agreement with U.S.-based Pharmaron - Immuron has executed a Master Service Agreement with US-based Pharmaron, a Maryland Corporation located in Baltimore USA. The Phase II clinical trial will evaluate the efficacy of a single dose regimen of Travelan in a controlled human infection model using the enterotoxigenic Escherichia coli strain H10407. The proposed Travelan dosing regime is potentially more amenable for use in military populations. The proposed clinical development program is being funded in part by $4.5M award from the US Department of Defense. Immuron is currently on track to submit the Investigational New Drug application to the FDA by end of 2022 and will be the sponsor of the clinical study which is planned to begin in 1H 2023 subject to FDA approval with headline results from the clinical trial expected in 2H 2023.
GB

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06:07 EDT Global Blue acquires majority stake in Shipup, terms not disclosed - Global Blue announces the acquisition of a majority stake in Shipup, a player in the RetailTech post-purchase market. The transaction is expected to close by the end of October 2022. The company said, "Customer frustration due to delivery incidents is a major challenge for retailers, negatively impacting clients' satisfaction and online reputation while inflating the volume of customer service complaints in an era where standing out from the competition is crucial. With Shipup, merchants drive a simple, fully-controlled, and polished experience from purchase to delivery, protecting their brand and reputation while increasing their repeat purchases. It provides a uniquely crafted & reassuring customer experience and drives growth. Shipup's solution empowers retailers to gain complete control of post-purchase communications, allowing them to create branded, personalized, and proactive, automated messages to their consumers across multiple events, channels, and languages. On the customers' side, they receive live delivery notifications, AI-powered delivery estimates, and access to tracking via the retailer's website. A satisfaction survey is even sent immediately to the customer on delivery of the goods, generating a high response rate and better insight into the customer experience. Retailers get real-time alerts for incident delivery, tracking package data on the customer support interface, and a granular dashboard to monitor their carrier performances.Brands can reduce delivery requests by up to 80% and save up to 50% on refunds. They also increase satisfaction by up to +140% and +19% repeat purchase on average."
QNGY

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06:05 EDT Quanergy approves 1-for-20 reverse stock split - Quanergy has approved a reverse stock split of its outstanding shares of common stock at a ratio of 1-for-20. The reverse stock split will be effective on October 6, 2022, and shares of Common Stock will begin trading on a split-adjusted basis when the NYSE opens on October 7. The Common Stock will continue to trade on the NYSE under the trading symbol "QNGY," but will trade under new CUSIP number 74764U 203. The reverse stock split was approved by Quanergy's stockholders at the special meeting of stockholders held on October 3. No fractional shares will be issued as a result of the reverse stock split. The par value of the Common Stock will remain unchanged at $0.0001 per share after the reverse split. The reverse split affects all stockholders uniformly and will not alter any stockholder's percentage interest in the company's equity. As a result of the reverse stock split, the number of shares of Common Stock issuable upon exercise of the company's 7,520,000 private warrants will be also be reduced at a ratio of 1-for-20. The exercise price of each warrant will increase from $11.50 per share to $230.00 per share. The reverse stock split is primarily intended to increase the company's per share trading price and bring the company into compliance with the NYSE's listing requirement regarding minimum share price.
STC

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05:50 EDT Stewart acquires FNC Title Services, terms undisclosed - Stewart announced the acquisition of FNC Title Services, along with the signing of an agreement to acquire FNC Title of California pending approval of the California Department of Insurance. FNC is a full-service title and settlement company specializing in reverse mortgage closings, headquartered in Rockville, Maryland. The company has built a multi-domain national platform, servicing the top 25 reverse mortgage lenders across the country. FNC will continue operating as a standalone company.
BNL

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05:35 EDT Broadstone Net Lease provides update on Q3 - Broadstone Net Lease provided an update on the company's third quarter and year-to-date 2022 results. During the third quarter, the company invested $204.5M in 28 properties at a weighted average initial cash capitalization rate of 6.5%. Investments were more heavily weighted towards industrial opportunities, with a smaller amount of restaurant, healthcare and retail transactions. The leases had a weighted average initial term of nearly 21 years and minimum annual rent increases of 2%. Year-to-date, the company completed investments totaling $596.9M and currently have $368.5M of investment opportunities under control, which we define as under contract or executed letter of intent. During the third quarter, the company sold one property for net proceeds of $1.7M. Year-to-date, the company sold five assets for net proceeds of $18.8M. "I am pleased to provide a preview of our third quarter activity," said Chris Czarnecki, Chief Executive Officer. "Exceptional capital markets execution during the quarter allowed us to lock in a cost of capital that accretively complements our robust pipeline of recently closed and under control opportunities as we move toward finishing 2022 on a strong note. This, coupled with consistent and reliable portfolio performance, gives us great confidence in the guidance update provided with this release. We look forward to providing our full quarterly earnings release in the coming weeks."
ACN

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05:24 EDT Accenture collaborates with Mars on global manufacturing operations - Accenture is working with Mars to transform and modernize its global manufacturing operations with artificial intelligence, cloud, edge technology and digital twins. Accenture and Mars have been trialing digital twins for Mars' manufacturing operations since late 2020. Digital twins are virtual representations of machines, products, or processes. Fed with real-time data, they can predict and optimize production processes and equipment performance, from reliability to quality to energy efficiency. Applied to its manufacturing plants, digital twins will enable Mars to simulate and validate the results of product and factory adjustments before allocating time and resources in the physical space. The companies tested a digital twin to reduce instances of over-filling packages, a common problem in the food industry. The digital twin gave Mars a bird's-eye view of the production lines at one of its factories in Illinois. The twin fed sensor data from manufacturing machinery into a predictive analytics model, which allowed factory line operators to monitor events in real-time and adjust the filling process. After the successful test, Accenture and Mars introduced the solution across the U.S. and developed similar solutions for its pet care business in Europe and China. Under the new agreement, Accenture and Mars will work together to apply digital twin technology and models to the company's manufacturing facilities globally. This will give Mars factory line operators real-time insights into current and predictive performance. Mars plans to apply them to dozens of use cases over the next three years.
BLUE

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05:22 EDT Real Endpoints, Bluebird Bio enter Zynteglo agreement - Real Endpoints announced a collaboration with Bluebird bio to provide multiple health plans with access to an outcomes-based agreement for Zynteglo through the Real Endpoints Marketplace. These plans cover nearly 16M individuals across the U.S.; while treatment-dependent beta-thalassemia is a rare disease, together these plans comprise a significant portion of the patient population in the U.S. Zynteglo is currently the only FDA-approved gene therapy for people with beta-thalassemia who require regular red blood cell transfusions. Through a single contract, the plans in RE Marketplace can take immediate advantage of bluebird's innovative agreement, which offers rebates of up to 80% if treatment with Zynteglo does not enable a patient to achieve and maintain transfusion independence in the two years following therapy. RE Marketplace performs all the required analytics and financial reconciliation as an expert, independent third-party. RE Marketplace provides participating plans and manufacturers with end-to-end capabilities for efficient, scalable value-based contracting - and does so with complete financial and data transparency.
DXCM

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05:18 EDT DexCom announces Dexcom G7 CGM availability in five new countries - DexCom announced the Dexcom G7 Continuous Glucose Monitoring, or CGM, System is now available for people with diabetes age two years and older in the UK, Ireland, Germany, Austria and Hong Kong - marking the first major milestone in the availability of the new technology. The company is also working quickly to introduce G7 in New Zealand and South Africa in the weeks ahead, with additional markets planned soon after.
J

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05:16 EDT Jacobs awarded National Grid Design & Project Services Framework - Jacobs was awarded the Design & Project Services Framework with energy utility National Grid in the U.K. to support their full construction of the Electricity and Gas Transmission cycle. Through the new four-year framework, Jacobs will provide feasibility and survey works, front-end conceptual and detailed design, through to assurance, verification and commissioning services. The framework covers 10 Lots across all National Grid's Transmission portfolio, including substations, overhead lines, onshore cables, high-voltage direct current, or HVDC, protection control & cyber, gas, civils, multi-disciplinary design services, project services and design assurance.
HLNE

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05:14 EDT Hamilton Lane expands footprint across EMEA - Hamilton Lane has expanded its footprint across Europe, hiring a number of senior executives across London and Frankfurt, and adding outposts in Milan, Stockholm and Zug since the beginning of 2021. With the addition of the Milan, Stockholm and Zug offices, Hamilton Lane now has six offices across the EMEA region, double the number than at the end of 2020.
EE

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05:06 EDT Excelerate Energy signs shipbuilding contract with Hyundai Heavy Industries - Excelerate Energy announced that it has signed a binding Shipbuilding Contract with Hyundai Heavy Industries for a new floating regasification and storage unit to be delivered in June 2026. The FSRU will have a storage capacity of 170,000 m3 and a maximum regasification capacity of one billion standard cubic feet per day. The FSRU will be equipped with HHI's proprietary LNG regasification system, dual fuel engines, selective catalytic reduction system, boil-off gas management, and other technologies which.
LYB

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05:03 EDT LyondellBasell starts catalyst production plant at its Germany facility - LyondellBasell announced the start-up of a new catalyst production plant at its Frankfurt, Germany, site. This announcement directly correlates to investments in infrastructure projects, increased demand for polymers by a growing population, particularly in emerging countries and the value of our Hostalen ACP polyethylene technology. This technology supports the increasing demand in high performance PE resins to produce raw materials for pipes to safely transport water and materials to safely store and protect food items.