Stockwinners Market Radar for November 03, 2022 - Earnings, Upgrades downgrades, option trades, Best Stock Advisory Service

RCEL

Hot Stocks

20:24 EDT Avita Medical announces FDA breakthrough device designations for Recell - The company states: "AVITA Medical announced that the FDA granted the RECELL System designations as a Breakthrough Device for its proposed soft tissue repair indication as well as its vitiligo indication. The goal of the FDA Breakthrough Devices Program is to provide patients and health care providers with timely access to new medical devices and technologies by expediting the development, assessment, and review of devices that provide more effective treatment of life-threatening or irreversibly debilitating diseases or conditions. Under the program, AVITA Medical will receive prioritized review and interactive communication with the FDA throughout the premarket review phase."
ROKU

Hot Stocks

20:04 EDT Cathie Wood's ARK Investment bought 116.4K shares of Roku today
LGIH

Hot Stocks

18:49 EDT LGI Homes reports 797 home closings in October - LGI Homes "announced it closed 532 homes in October 2022. As of October 31, 2022, the Company had 92 active selling communities."
ATR

Hot Stocks

18:35 EDT AptarGroup director buys $299.5K shares of common stock - In a regulatory filing, AptarGroup disclosed that its director Mattheww Trerotola bought 3.2K shares of common stock on November 3 in a total transaction size of $299.5K.
ISEE

Hot Stocks

18:31 EDT Iveric bio submits first part of NDA for rolling review of avacincaptad pegol - Iveric bio announced that it has submitted to the U.S. Food and Drug Administration the first part of its New Drug Application for rolling review of avacincaptad pegol a novel investigational complement C5 inhibitor, for the treatment of geographic atrophy secondary to Age-Related Macular Degeneration. As previously announced, the company received Fast Track designation from the FDA for ACP. Following receipt of the topline GATHER2 data, the company shared the data with the FDA. Based on the pivotal clinical trials, GATHER1 and GATHER2, which both met their primary endpoint in slowing GA progression with statistical significance at the 12-month time point, the Company requested rolling submission of its planned NDA, which the FDA granted. As per the Company's agreement with the FDA, the first part of the NDA, which included the complete ACP clinical data package, was successfully submitted earlier today. "We are pleased to report this important milestone and look forward to closely collaborating with the FDA throughout the review of our NDA," said Glenn P. Sblendorio, Chief Executive Officer of Iveric Bio. "As we stated previously, our Special Protocol Assessment (SPA) agreement with the FDA provides a basis for review of our NDA based on 12-month safety and efficacy results from GATHER2, taken together with the results of GATHER1."
ARTNA

Hot Stocks

18:24 EDT Artesian Resources raises quarterly dividend 2% to 27.84c per share - Artesian Resources is pleased to announce that its Board of Directors approved today a 2% increase in the quarterly dividend per share on the company's Class A and Class B Common Stock, which raises the annualized dividend rate to $1.1136 per share. The quarterly dividend rate of 27.84c is payable November 23 to shareholders of record at the close of business on November 14.
LTM

Hot Stocks

18:10 EDT Latam Airlines completes financial restructuring process in U.S. - Latam Group announced that it successfully completed its financial restructuring process in the United States, which it voluntarily commenced in May 2020 to reduce its debt, access new sources of financing, and transform its business in response to the global pandemic. Having maintained its position while achieving significant cost savings, LATAM has emerged from the reorganization as a more efficient group, with a modernized fleet, the most extensive network of connections in South America, and the continent's largest loyalty program, the company said. With over $2.2 billion of liquidity, approximately $3.6B less debt on its balance sheet (equivalent to a 35% debt reduction from the pre-filing period), and the support of key incumbent and new shareholders, LATAM is poised to reaffirm its leadership in Latin America and has positioned itself for long-term sustainability, the company added. "Today marks an important milestone for LATAM and our stakeholders. We are pleased that we have completed a significant transformation and emerged from our financial restructuring process with a strengthened financial position and a renewed commitment to operational excellence. As a group with a dynamic team of 30,000 employees and an unrivaled connectivity network, we look forward to continuing to offer passengers the best alternative for travel to, from, and within South America and to contribute in the broader sense to the various countries in which we operate and their diverse interests" said Roberto Alvo, CEO of LATAM Airlines Group.
CAT

Hot Stocks

17:59 EDT Caterpillar awarded $1.28B Defense Logistics Agency contract - Caterpillar has been awarded a maximum $1.28B fixed-price with economic-price-adjustment, indefinite-delivery requirements type contract for construction equipment. This was a competitive acquisition with three responses received. This is a five-year contract with no option periods. Other contracts are expected to be awarded under this solicitation and awardees will compete for a portion of the maximum dollar value. The ordering period end date is October 27, 2027. Using military services are Army, Navy, Air Force and Marine Corps. Type of appropriation is fiscal 2023 through 2028 defense working capital funds. The contracting activity is the Defense Logistics Agency.
ARVL

Hot Stocks

17:58 EDT Arrival Group receives noncompliance notification from Nasdaq - Arrival received a notification from Nasdaq that the company no longer satisfies Nasdaq Listing Rule 5450(a)(1) because the closing bid price of the company's ordinary shares was below $1.00 per Share for 30 consecutive business days preceding the date of the Notification.
APLS

Hot Stocks

17:55 EDT Apellis provides update on intravitreal pegcetacoplan NDA - Apellis provided an update on its new drug application, or NDA, for intravitreal pegcetacoplan for the treatment of geographic atrophy secondary to age-related macular degeneration. The company plans to submit the 24-month efficacy data from the Phase 3 DERBY and OAKS studies as part of its application. As previously announced, these data showed robust and consistent effects with monthly and every-other-month pegcetacoplan treatment in both studies. The 24-month safety data were previously submitted as part of the 120-day update. The submission is planned for November and will be a Major Amendment to the NDA, extending the review period by three months with an expected Prescription Drug User Fee Act target action date in February 2023.
SBUX

Hot Stocks

17:46 EDT Starbucks says retention has increased for baristas - Seeing healthy growth in North America business.
DASH

Hot Stocks

17:41 EDT DoorDash jumps 11% to $53.00 after Q3 results
MODG

Hot Stocks

17:40 EDT Topgolf Callaway jumps 4% to $18.13 after Q3 earnings beat, guidance raise
KTOS

Hot Stocks

17:39 EDT Kratos Defense awarded NSWC subcontract - Kratos Defense has been awarded a subcontract to increase America's capacity for hypersonic flight testing. The program, known as Multi-Service Advanced Capability Hypersonics Test Bed, or MACH-TB, was awarded by Naval Surface Warfare Center, or NSWC, Crane Division's Strategic and Spectrum Missions Advanced Resilient Trusted Systems other transaction authority to Kratos partner and prime contractor Dynetics and the MACH-TB Team on behalf of the U.S. Department of Defense, or DoD. Under the MACH-TB contract, the Team will develop an affordable and responsive hypersonic test bed platform to dramatically increase the nation's capacity for ground and flight testing of hypersonic technologies and payloads by leveraging commercial infrastructure and launch vehicle providers. The MACH-TB Experimentation project will result in a proof of concept and prototype demonstration of modular Experimental Glide Body testing hypersonic technologies/experimental payloads in operational trajectories using already available boosters. The MACH-TB program will offer the DoD a national hypersonic testing capability to be leveraged by a broad range of U.S. military hypersonics programs, DoD research programs, industry partners, and stakeholders from academia. MACH-TB will leverage many of Kratos' strengths, products, systems, and solutions, including decades of experience and expertise with hypersonic materials and structures gained through the recent acquisition of the Kratos Southern Research Engineering (SRE) business unit, as well as decades of proven hypersonic flight testing and launch vehicle experience within Kratos Defense & Rocket Support Services Division.
TRUP

Hot Stocks

17:37 EDT Trupanion to acquire Royal Blue, terms undisclosed - Trupanion announced the signing of a definitive agreement to acquire Royal Blue, the parent company of PetExpert. There are an estimated 1,300 veterinary hospitals in the Czech Republic and Slovakia and over 95% of these have connectivity to the PetExpert platform. The transaction is expected to close in the fourth quarter of 2022 and no additional terms were disclosed. Trupanion does not anticipate a material financial impact to its 2022 financial results as a result of this acquisition.
CYBE

Hot Stocks

17:36 EDT Cyberoptics acquired by by Nordson Corporation - CyberOptic announced Nordson has completed its acquisition of CyberOptics. The completion of the transaction follows Nordson's August 8, nnouncement that it had entered into an agreement to acquire the business. The acquisition bolsters the Company's position in the semiconductor and electronics industries with a differentiated, high-precision sensor and system portfolio that improves customers' yields, processes and productivity.
BECN

Hot Stocks

17:31 EDT Beacon raises FY22 revenue view to up 23%-25% from up slightly above 20% - Consensus $8.31B. Sees FY22 adjusted EBITDA $885M-$910M. Says expects solid finish to 2022 including the benefits of the acquisition of Coastal Construction Products. Says October 2022 sales per day were up high 20% range. Sees Q4 sales per day up 15%-17%% YoY. Says assumes normal fourth quarter seasonality while lapping record November and December results. Says Q4 gross margins expected to be 25%-25.5%. Says expects significant cash flow conversion in Q4. Says balancing product availability and inventory reduction as well as productivity focus and investing for growth. Comments and guidance taken from Q3 investor presentation slides.
SBUX

Hot Stocks

17:23 EDT Starbucks says 'confident' in long term growth opportunity in China - Expects Covid-related uncertainty to continue in China. Says new Covid restrictions, lock-downs hurting traffic. Expects recovery in China to be "non-linear." Says aspirations for business in China have "never been greater." Says "ultra sensitive" to macro headwinds in China. Expects to be number one Western consumer brand in China. Comments taken from Q4 earnings conference call.
TPIC

Hot Stocks

17:21 EDT TPI Composites extends supply pact with ENERCON in Turkiye through 2025 - TPI Composites announced that it has extended its supply agreement with ENERCON in Turkiye through 2025 in support of ENERCON's domestic projects in Turkiye and export projects."We are pleased to announce this extension of our contract in our Izmir, Turkiye facility and continuation of our strong partnership with ENERCON," said Bill Siwek, President and CEO of TPI."It is of great pleasure to reaffirm our strong business partnership with TPI and look forward to continuing our collaboration to support ENERCON's ambitions for local projects in Turkiye, as well as projects within Europe. The last years of cooperation have a proven track record of outstanding teamwork and will safeguard ENERCON in having competitive and robust supply for our projects," said Heiko Juritz, CPO of ENERCON.TPI has manufactured wind blades for ENERCON in Turkiye since 2018.
TPIC GE

Hot Stocks

17:19 EDT TPI Composites in pact with GE Renewable Energy - TPI Composite (TPIC) announced that it signed an agreement with GE Renewable Energy (GE) that enabled TPI to secure a ten-year lease extension of its manufacturing facility in Newton, Iowa. Under the agreement, GE and TPI plan to develop competitive blade manufacturing options to best serve GE's commitments in the US market with production expected to start in 2024."We are pleased to announce our unique partnering approach with GE to secure the long-term availability of our Newton, Iowa facility for GE's future blade production needs. This agreement is possible in part due to the support provided by the Inflation Reduction Act of 2022 for critical American industries serving the domestic renewable energy sector. We look forward to working with GE to take advantage of this opportunity to relaunch the Iowa facility and thank GE for their confidence in TPI's team to implement this strategy," said Bill Siwek, President and
GPRO

Hot Stocks

17:14 EDT GoPro sees FY23 gross margin at the low end of 40%-43% in constant currency
GPRO

Hot Stocks

17:11 EDT GoPro expects company to be profitable in 2023 - Says surpassed 2M subscribers in August. Says plans to invest in people, technology, and innovation in 2023. Says 2023 investment will have emphasis on subscription growth. Sees continued impacts from macrodynamics in Q4 and FY22. Sees exiting 2022 with cash of roughly $400M. Sees U.S. dollar remaining at current levels relative to Australian dollar, British Pound, and Euro. Says expects company to be profitable in 2023. Comments taken from Q3 earnings conference call.
KRP

Hot Stocks

17:10 EDT Kimbell Royalty Partners to acquire interests in Hatch Royalty for $290M - Kimbell Royalty Partners announced that it has agreed to acquire mineral and royalty interests held by Austin-based Hatch Royalty in a cash and unit transaction valued at approximately $290M, subject to purchase price adjustments and other customary closing adjustments. The purchase price for the Acquisition is comprised of $150M in cash, approximately 52% of the total consideration, and approximately 7.3M common units of Kimbell Royalty Operating, which are valued at $140M, approximately 48% of the total consideration. Kimbell estimates that, as of October 1 the acquired assets produce approximately 2,072 Boe/d. The Board of Directors of Kimbell's general partner and the governing bodies of Hatch have each unanimously approved the Acquisition, which is expected to close in the Q4, subject to customary closing conditions. The effective date of the Acquisition is expected to be October 1, 2022.
WBD

Hot Stocks

17:06 EDT Warner Bros. Discovery now sees FY22 adjusted EBITDA $9.2B - Sees FY22 free cash flow $3B. Sees FY22 net leverage 5x. Says working towards $12B of adjusted EBITDA. Says advertising is by far largest variable impacting performance in 2023. Says $2B incremental EBITDA tailwind from synergy. Says increasing synergy target to $3.5B from $3B. Says advertising sales have been affected by economic downturn and NFL/college football on other networks. Says NBA is off to great start on TNT delivering most watched coverage since 2017. Says has large share of professional sports from now through the summer. Says moved up U.S. launch of combined offering date from Summer 2023 to Spring 2023. Says chasing subscribers at any cost is over. Says goal is $1B in streaming EBITDA by 2025. Says profitability not subscriber count is benchmark for success. Says on track for 20% SG&A reduction in Q4. Comments and guidance taken from Q3 earnings conference call.
EXPE

Hot Stocks

17:03 EDT Expedia CFO says will further delever balance sheet - CFO Julie Whalen says: "Overall, we are pleased to see strong demand expand into the fourth quarter as consumers continue to prioritize travel spend over other discretionary spending. And while it is still early in the quarter, we are seeing total lodging bookings for stays expected to occur in the balance of the year and into 2023, continuing to outpace 2019 levels... As we move forward, given our strong liquidity, our confidence in the business and the fact our stock continues to be highly undervalued, we expect to further delever the balance sheet and continue returning capital to shareholders in the form of share buybacks. In summary, our third quarter results demonstrate some of the early wins we are starting to see from the transformation of the business and the success of our strategic growth initiatives. These early wins give us confidence that a huge opportunity in front of us to drive long-term profitable growth and to maximize shareholder value." Comments taken from Q3 earnings conference call.
LOW

Hot Stocks

16:58 EDT Lowe's to sell Canadian retail business to Sycamore Partners for $400M in cash - Lowe's announced that it has entered into a definitive agreement to sell its Canadian retail business to Sycamore Partners, a private equity firm specializing in retail, consumer and distribution-related investments, for $400M in cash, and performance-based deferred consideration. The transaction is expected to close in early 2023, subject to customary closing conditions and regulatory approvals. In connection with the preparation of the company's financial statements for the third quarter of 2022, the company expects to record a pre-tax non-cash impairment charge of approximately $2B related to its Canadian retail business. The company is reaffirming its current full year 2022 outlook, exclusive of the asset impairment and impacts of deal-related transaction costs.The Canadian retail business represents approximately 7% of consolidated full year 2022 sales outlook, and approximately 60 basis points of dilution on the consolidated full year 2022 operating margin outlook.
PRTA

Hot Stocks

16:58 EDT Prothena sees FY22 net cash burn of $108M-$120M, up from $120M-$132M - Prothena states: "The Company is updating its projected full year 2022 net cash burn from operating and investing activities, and expects it to be $108 to $120 million (versus prior guidance of $120 to $132 million) which includes an expected $40 million clinical milestone payment from Novo Nordisk, and expects to end the year with approximately $522 million in cash, cash equivalents, and restricted cash (midpoint) (versus prior guidance of $454 million) which is primarily driven by operating and financing activities. The updated estimated full year 2022 net cash burn from operating and investing activities is primarily driven by an updated estimated net loss of $121 to $137 million (versus prior guidance of $154 to $170 million), which includes an estimated $31 million of non-cash share-based compensation expense."
UVV

Hot Stocks

16:57 EDT Universal Corporation announces $100M share repurchase program - The company's Board of Directors has approved a program for the repurchase of up to $100M of Universal Corporation shares of common stock. The authorized purchases may be made from time to time on the open market or in privately negotiated transactions at prices not exceeding prevailing market rates. Universal currently has approximately 24.6M common shares outstanding.
ACN

Hot Stocks

16:56 EDT Accenture names Andrew Levy chief corporate, government affairs officer - Accenture has appointed Andrew J.P. Levy to the newly created position of chief corporate and government affairs officer. In this newly created role, Levy will lead the company's geopolitical strategic analysis and its global government relations function, as well as a global network of external strategists and advisors in this area. Levy has been with Accenture for more than 10 years, most recently serving as the company's general counsel for Growth Markets, based in Hong Kong and Singapore. Prior to joining Accenture, Levy held other regional and global legal roles for Accenture. Previously, he was an attorney with Paul, Weiss, Rifkind, Wharton & Garrison LLP in New York and Washington, D.C., and served as deputy general counsel for the U.S. Department of Homeland Security. "Assessing geopolitical trends and working effectively with governments and thought leaders around the world has never been more important," said Joel Unruch, general counsel and corporate secretary at Accenture. "Andrew's international experience and political and legal background make him perfectly suited for this new and extremely important role."
TLIS

Hot Stocks

16:55 EDT Talis Biomedical implemented 35% workforce reduction during Q3 - The company said, "As previously announced in August, Talis discontinued investment in commercialization in the United States of its stand-alone COVID-19 assay under Emergency Use Authorization based on evolving market dynamics with COVID testing and the current financial environment. This decision allows the company to refocus its resources on large and long-term market opportunities in Women's and Sexual Health markets in an effort to deliver the greatest competitive advantages, revenue growth and profit margins. To align resources with this new focus, Talis implemented a 35 percent reduction in force and additional cost-saving measures in the third quarter. The company expects to start realizing the benefit of its restructuring plan in the fourth quarter of 2022. These actions, along with reduced spending in manufacturing, inventory, consulting and infrastructure are expected to lower cash burn and fund the company's operations into 2025."
FNF

Hot Stocks

16:55 EDT Fidelity National raises quarterly dividend to 45c from 44c per share - The dividend will be payable December 30 to stockholders of record as of December 16.
FNKO

Hot Stocks

16:54 EDT Funko falls 18% to $15.99 after Q3 earnings miss, guidance cut
AKBA

Hot Stocks

16:53 EDT Akebia reaffirms FY22 net product revenue guidance of $170M-$175M - "Managing operating expenses is critical as we look for opportunities to add value to the company," said David A. Spellman, CFO. "By focusing on operating expenses and winding down certain projects, we're pleased to report a reduction in spend quarter over quarter in 2022. Auryxia net product revenue increased in the Q3 from the Q3 of 2021. There was a slight decline from the Q2 partially due to the drawdown of inventory at certain customers during the Q3. In addition, since the start of COVID, the phosphate binder market has contracted 15%. While the phosphate binder market has continued to decline, the work we've done to increase net price per pill puts us in a position to affirm our 2022 net product revenue guidance for Auryxia of $170M- $175M."
PYPL

Hot Stocks

16:47 EDT PayPal down 7% after Q3 report, Q4 guidance - PayPal shares are down $5.47, or 7%, to $71.08 in after-hours trading.
BILL

Hot Stocks

16:47 EDT Bill.com to acquire Finmark, terms not disclosed - Bill.com announced it has signed a definitive agreement to acquire Finmark, a financial planning software provider that simplifies financial planning and cash flow insights for SMBs. Finmark's intuitive financial planning solution makes it easy for SMBs to analyze their business holistically, turn insights into decisions, and forecast with confidence. Accounting firms also use Finmark's software to automate many of the processes involved in providing additional strategic client advisory services, including forecasting and cash flow management. "We are building the essential financial operations platform for SMBs," said Irana Wasti, BILL Chief Product Officer. "The acquisition of Finmark adds a powerful planning and cash flow analytics tool for SMBs and brings a very talented team to BILL. Finmark's innovative software provides businesses with automated tools to build financial forecasts based on integrated data. This tool, together with our platform and data, will further empower SMBs to manage their businesses and cash flow." The transaction has been approved by the Boards of Directors of both Finmark and BILL, and is expected to close by the end of this calendar year, subject to customary closing conditions. Terms of the acquisition were not disclosed.
TWLO

Hot Stocks

16:46 EDT Twilio falls 16% to $54.80 after pulling revenue growth target
SNDX

Hot Stocks

16:46 EDT Syndax lowers FY22 research and development expenses view to $115M-$125M - The company said, "For the FY22, the Company is lowering its expectations of both research and development and total operating expenses. The Company now expects research and development expenses to be $115M-$125M and total operating expenses to be $145M-$155M. This is a reduction from the Company's prior guidance for the FY22 of $130M-$140M in research and development expenses and $160M-$170M in total operating expenses. The updated guidance reflects the benefits derived from the shared expenses for our axatilimab cGVHD development program. In September, Syndax made a debt repayment in connection with the termination of a Loan Agreement. This loan repayment has no adverse impact on Syndax's cash guidance and the Company continues to expect to have sufficient capital to fund operations into the second half of 2024."
LUNG

Hot Stocks

16:41 EDT Pulmonx sees FY22 operating expenses $98M-$100M, below prior $100M-$105M
FND

Hot Stocks

16:38 EDT Floor & Decor reports Q3 SSS up 11.6%
FTEK

Hot Stocks

16:37 EDT Fuel Tech awarded air pollution control orders totaling $2.7M - Fuel Tech announced the receipt of multiple air pollution control contracts from new and existing customers in the US. These awards support natural gas and coal-fired projects serving various end markets, and have an aggregate value of approximately $2.7 million. n order was received in the US for two ULTRA systems to be installed on natural gas-fired package boiler units at a medical facility on the West Coast. Fuel Tech's ULTRA process provides for the safe and cost-effective on-site conversion of urea to ammonia for use as a reagent where Selective Catalytic Reduction is used to reduce NOx, eliminating the hazards associated with the transport, storage and handling of anhydrous or aqueous ammonia. Deliveries are expected to be completed in the second quarter of 2023.
SEM

Hot Stocks

16:33 EDT Select Medical board authorizes $1B share buyback program - The board of directors of Select Medical has authorized a common stock repurchase program to repurchase up to $1B worth of shares of its common stock. The common stock repurchase program will remain in effect until December 31, 2023, unless further extended or earlier terminated by the board of directors.
YELP

Hot Stocks

16:32 EDT Yelp authorizes $250M increase to buyback program
MNST

Hot Stocks

16:29 EDT Monster Beverage announces new $500M share repurchase program - The company announced that its board of directors has authorized a new share repurchase program for the repurchase of up to an additional $500M of the company's outstanding common stock. The company expects to make the share repurchases from time to time in the open market, through privately-negotiated transactions, by block-purchase or through other transactions managed by broker-dealers or otherwise, subject to applicable laws, regulations and approvals. The timing of the share repurchases will depend on a variety of factors, including market conditions, and the share repurchases may be suspended or discontinued at any time.
III

Hot Stocks

16:27 EDT Information Services acquires Change 4 Growth; terms not disclosed - ISG said it has acquired Change 4 Growth, a business specializing in transformational change for enterprises. "The combination of Change 4 Growth and our existing ISG Enterprise Change business creates a global powerhouse in change management at a time when demand for such services is expected to grow significantly," said Connors.
PYPL...

Hot Stocks

16:24 EDT PayPal working with Apple to enhance offerings for PayPal and Venmo merchants - PayPal said: "Working with Apple to enhance our offerings for PayPal and Venmo merchants and consumers: Leveraging Apple's Tap to Pay on iPhone technology, U.S. merchant customers will soon be able to accept contactless debit or credit cards and mobile wallets, including Apple Pay, using an iPhone and the PayPal or Venmo iOS app; Adding Apple Pay as a payment option in PayPal's unbranded checkout flows on merchant platforms, including the PayPal Commerce Platform; Next year, U.S. customers will be able to add PayPal and Venmo network-branded credit and debit cards to Apple Wallet and use them anywhere Apple Pay is accepted." PayPal added that Venmo is now live as a new payment option for select Amazon (AMZN) customers; ramping to full availability for U.S. Amazon customers this holiday season.
PYPL AAPL

Hot Stocks

16:23 EDT PayPal working with Apple to enhance offerings for PayPal and Venmo merchants - "We delivered strong third quarter results. We will continue to invest against our key priorities to advance our leading position in digital payments and commerce. We're very pleased to be working with Apple to enhance our offerings for our PayPal and Venmo merchants and consumers," said Dan Schulman, PayPal President and CEO
LEGN

Hot Stocks

16:23 EDT Legend Biotech announces seven studies accepted for presentation at ASH - The company states: "Legend Biotech announced that seven company-sponsored studies were accepted for presentation at the 64th American Society of Hematology Annual Meeting and Exposition in New Orleans. The presentations deliver the latest on the clinical development program for ciltacabtagene autoleucel, the B-cell maturation antigen -directed chimeric antigen receptor T-cell (CAR-T) therapy for the treatment of multiple myeloma. The poster presentations will detail an analysis from the Phase 1b/2 CARTITUDE-1 study assessing patients with sustained minimal residual disease negativity (greater than or equal to6 months, and greater than or equal to12 months), as well as updated data from CARTIFAN-1, a Phase 2 confirmatory trial of cilta-cel in China for the treatment of heavily pretreated Chinese patients with relapsed or refractory multiple myeloma. This is the first time that data from CARTIFAN-1 will be presented at a conference. Longer-term follow-up data from the ongoing multicohort Phase 2 study, CARTITUDE-2, will also be presented, communicating results from Cohort B, which is comprised of patients who had early relapse and Cohort C, which includes patients with progressive multiple myeloma and previous exposure to a non-cellular anti-BCMA immunotherapy. The study design of CARTITUDE-6/EMagine will also be presented at the meeting. This Phase 3 study seeks to evaluate the safety and efficacy of daratumumab, bortezomib, lenalidomide, and dexamethasone (DVRd) followed by cilta-cel vs DVRd followed by ASCT in newly diagnosed multiple myeloma patients."
WLDN

Hot Stocks

16:23 EDT Willdan Group awarded $11M contract with Azusa Unified School District - Willdan announced that it has been selected by Azusa Unified School District to perform $11 million in energy conservation and infrastructure improvement projects. This contract improves energy efficiency and functionality in buildings across 12 campuses, focusing on improvements to HVAC systems, air filtration, and occupant comfort. "Azusa Unified was able to leverage the Elementary and Secondary School Emergency Relief Fund," said Latasha D. Jamal, Assistant Superintendent of Business for Azusa Unified. "With access to these funds, we can implement infrastructure upgrades that will improve indoor air quality district-wide and allow our schools to continue operating safely."
HASI

Hot Stocks

16:22 EDT Hannon Armstrong sees annual distributable EPS up at CAGR of 10%-13% - The company expects that annual distributable earnings per share will grow at a compounded annual rate of 10% to 13% from 2021 to 2024, relative to the 2020 baseline of $1.55 per share, which is equivalent to a 2024 midpoint of $2.40 per share. The company also expects growth of annual dividends per share to be at a compounded annual rate of 5% to 8%.
EIGR

Hot Stocks

16:16 EDT Eiger expects cash and equivalents to fund operations through 2024 - Reports $121.0M in cash, cash equivalents, and total investments as of September 30, expected to fund planned operations through 2024. Ability to access up to an additional $35.0M over two tranches under existing debt facility, with the availability of both tranches being based on predetermined regulatory and clinical milestones, to support funding of potential HDV commercial launch.
CTRA

Hot Stocks

16:16 EDT Coterra Energy reports Q3 production 641 Mboepd - Natural gas production averaged 2,807 MMcfpd, exceeding the high-end of guidance. Oil production averaged 87.9 MBopd, above the mid-point of guidance.
CTRA

Hot Stocks

16:15 EDT Coterra Energy raises FY2 production guidance - The company is increasing full-year 2022 production guidance: Total equivalent production: 625-640 MBoepd, +1 percent at the midpoint from 615-635 MBoepd; Natural gas production: 2,775-2,850 MMcfpd, +1 percent at the midpoint from 2,750-2,825 MMcfpd. Production volumes in fourth-quarter 2022 are expected to average between 615 and 635 MBoepd, with oil volumes estimated to average between 86 and 89 MBopd. Natural gas volumes in fourth-quarter are projected to average between 2,725 and 2,775 MMcfpd.
SQ

Hot Stocks

16:14 EDT Block says gross profit up 37% year-over-year in October - Block gross profit excluding BNPL was up 24% year-over-year in October, the company said in its quarterly letter.
LYV

Hot Stocks

16:14 EDT Live Nation says ticket sales for 2023 'pacing even stronger' than 2022 - The company said, "More importantly, momentum is strong with early signs pointing to continued growth in 2023 across our businesses. Ticket sales for shows in 2023 are pacing even stronger than they were heading into 2022, up double-digits year-over-year, excluding sales from rescheduled shows. In our sponsorship business, confirmed commitments are up 30% from this time last year, showing the resiliency and long-term commitments that brands have for our business. Beyond these specific leading indicators, going into 2023, we expect we will drive growth in our concert business by adding more venues to our operated portfolio, continue increasing ancillary per fan revenue and further our efforts to deliver market value for the show to artists. And in ticketing, we expect to benefit from these market pricing trends, while also continuing to globally add new clients to our world-class platform."
ATSG

Hot Stocks

16:12 EDT ATSG sees FY22 adjusted EBITDA to meet or exceed $640M - ATSG expects its capital spending for 2022 will be $625 million, including $195 million in sustaining capex and $430 million for growth. Growth capex will be funded primarily by the strong Adjusted Free Cash Flow ATSG is generating this year. "We are on schedule to meet our targets, as demand for our express-package network assets and flight operations remains strong. We are ready to operate under expanded peak holiday-season flight schedules for our CMI customers, supporting fulfillment of higher e-commerce shopping spurred by special early-season promotions. We anticipate growth in ATSG's cash flow through the current economic cycle and beyond," he said.
CGNX

Hot Stocks

16:11 EDT Cognex raises quarterly dividend 8% to 7c per share - Cognex announced that the company's Board of Directors declared a quarterly cash dividend of $0.07 per share, payable on December 2, 2022 to all shareholders of record at the close of business on November 18, 2022. This dividend represents an increase of $0.005 per share, or 8%, over the $0.065 per share dividend paid in the prior quarter.
SBUX

Hot Stocks

16:07 EDT Starbucks reports Q4 global SSS up 7% - Global comparable store sales increased 7%, primarily driven by an 8% increase in average ticket. North America and U.S. comparable store sales increased 11%, driven by a 10% increase in average ticket and a 1% increase in comparable transactions. International comparable store sales decreased 5%, driven by a 5% decline in comparable transactions and a 1% decline in average ticket; China comparable store sales decreased 16%, driven by a 17% decline in comparable transactions, partially offset by a 1% increase in average ticket. The company opened 763 net new stores in Q4, ending the period with 35,711 stores globally: 51% company-operated and 49% licensed.
EXPE

Hot Stocks

16:04 EDT Expedia reports Q3 gross bookings up 28% - For the third quarter of 2022, total gross bookings increased 28%, compared to the third quarter of 2021, as gross bookings for lodging, air, and other travel products grew as travel demand recovered.
MFIC

Hot Stocks

16:03 EDT MFIC Corporation increases quarterly dividend to 37c per share - The board of directors declared a dividend of 37c per share payable on January 5, 2023 to shareholders of record as of December 19.
ALRS

Hot Stocks

16:00 EDT Alerus Financial raises dividend 12.5% year-over-year to 18c per share - Alerus Financial announced that its board declared a regular quarterly cash dividend of 18c per common share, a 12.5% increase over the dividend paid a year ago. The dividend is payable on January 13, 2023, to shareholders of record as of close of business on December 23, 2022.
ALRS

Hot Stocks

15:55 EDT Alerus Financial raises dividend 12.5% YoY to 18c per share - Alerus Financial announced that its board of directors declared a regular quarterly cash dividend of 18c per common share, a 12.5% increase over the dividend paid a year ago. The dividend is payable on January 13, to shareholders of record as of close of business on December 23. Current and historic dividend information, as well as quarterly financial statements, investor presentations, and earnings call transcripts are available online through Alerus' investor relations website at investors.alerus.com.
VINO

Hot Stocks

15:54 EDT Gaucho Group board approves 1-for-12 reverse stock split - Gaucho Group Holdings, a company that includes a collection of e-commerce platforms with a concentration on fine wines, luxury real estate, and leather goods and accessories, announced that its board of directors has approved a 1-for-12 reverse stock split of the company's common stock. The reverse stock split will become effective at 12:01 a.m. Eastern Time on November 4. The company's common stock is expected to begin trading on a split-adjusted basis when the markets open on November 4, under the existing trading symbol "VINO."
STNE

Hot Stocks

15:45 EDT StoneCo announces Pedro Zinner to succeed Thiago Piau as CEO - StoneCo announced that Thiago Piau, the current CEO, will become a Board member of the company, where he will focus his attention on developing key strategic and financial initiatives to help drive the future expansion of StoneCo. Pedro Zinner, a current Board member of StoneCo, will step-down from the Board and succeed Piau as CEO. Zinner will join Stone's executive team no later than March 31st, 2023 and will begin working closely with Piau and the management team in a transition period before taking on the CEO role. Zinner was most recently the CEO of Eneva, one of the leading power-generation companies in Brazil, from 2017 to November 2022.
CVEO

Hot Stocks

15:36 EDT Civeo director Lambert sells approximately $321K in comapany shares - Director of Civeo Martin Lambert disclosed in a regulatory filing that he had sold 10,348 shares of company stock for $31.01 per share on Novemeber 2, for a total transaction amount of $320,891.
PBR

Hot Stocks

14:40 EDT Petrobras trading resumes
PBR

Hot Stocks

14:33 EDT Petrobras approves R$3.3489 per share dividend - Petrobras said that its board of directors, at a meeting held Thursday, approved the payment of a dividend in the amount of R$3.3489 per outstanding preferred and common share. The proposed dividend is in line with the Shareholder Remuneration Policy, which provides that in case of gross debt below $65B, Petrobras may distribute to its shareholders 60% of the difference between operating cash flow and acquisitions of fixed and intangible assets. In addition, the Policy also foresees the possibility of paying extraordinary dividends, provided that the financial sustainability of the company is preserved. The approval of the proposed dividend is compatible with the company's financial sustainability in the short, medium and long term and is aligned with the commitment of value generation for the society and for the shareholders, as well as with the best practices in the world oil and gas industry. It is worth noting that in the Strategic Plan 2022-26 the investment projects requested by the business areas were met because they presented good resilience and are supported by operating cash generation and the flow of divestments, with no adverse effects on leverage. Therefore, there are no investments held back by financial or budgetary constraints and the decision to use the surplus resources to remunerate shareholders presents itself as the most efficient one for optimizing the allocation of cash. The dividends will be paid in two equal installments in December 2022 and January 2023.
TEVA

Hot Stocks

14:09 EDT NY Attorney General James secures $523M from Teva for opioid crisis claims - New York Attorney General Letitia James today marked a monumental milestone in her fight against the opioid crisis in New York state and announced that her office has secured up to $523M from Teva Pharmaceuticals , its American subsidiary Teva Pharmaceuticals USA, and its affiliates for their role in fueling the opioid crisis. The $523M settlement is the largest reached with an individual opioid defendant by Attorney General James and raises the total amount secured from opioid manufacturers and distributors to more than $2B to combat the opioid crisis. The settlement resolves Attorney General James' claims against Teva, the final remaining defendant not currently in bankruptcy and concludes the Attorney General's litigation against opioid manufacturers and distributors. "Teva knowingly and intentionally misled New Yorkers and the American people about the deadly dangers of opioids, and last year, a jury found them responsible for the devastation and destruction they have caused," said Attorney General James. "You cannot put a price on lives lost, addiction suffered, and families torn apart, but with the more than $2B we have now delivered to New Yorkers, we can continue to rebuild and recover. I made a promise to put an end to the havoc wreaked by opioid manufacturers in New York and across the nation and to hold them accountable for the consequences. This is a landmark day in our battle against the opioid crisis, and I am proud to be able to deliver critical funding and resources to the communities Teva and other companies ravaged with their rampant misconduct." Reference Link
PBR

Hot Stocks

14:08 EDT Petrobras trading halted, news pending
MRUS

Hot Stocks

13:50 EDT Merus falls after FDA recommends additional enrollment in Zeno study - Shares of clinical-stage oncology company Merus are down 34% or approximately $7 per share on Thursday, to $13.56 per share, after indicating that after a recent meeting with the FDA on "potential Biologics License Application, or BLA filing forZenocutuzumab or Zeno in NRG1 fusion cancer. "Based on the FDA feedback, Merus believes that a potential registrational path remains viable in a NRG1+ cancer tumor agnostic indication or separate applications for NRG1+ lung and NRG1+ pancreatic cancer, which could then be followed by a potential tumor agnostic filing. The majority of the eNRGy trial and Early Access Program enrollment to date has been NRG1+ non-small cell lung cancer and NRG1+ pancreatic cancer. The FDA recommended that Merus enroll additional patients under either approach , to obtain further supportive data for a potential registrational data set, consistent with the recent FDA draft guidance on Tissue Agnostic Drug Development in Oncology. The amount of data needed for a potential filing under either approach will depend upon the magnitude and durability of responses and the overall risk benefit assessment." said the company in a statement
DTE

Hot Stocks

13:04 EDT DTE Energy to invest $9B into Michigan-made renewable energy - DTE Energy released its "CleanVision plan," a 20-year proposal to "dramatically transform how the company generates electricity as part of its clean energy journey, all while investing in a modern grid that is reliable and affordable." DTE's proposal will be filed with the Michigan Public Service Commission, or MPSC, in what is referred to as an Integrated Resource Plan, or IRP, the company noted. Jerry Norcia, chairman and CEO of DTE Energy, said: "We are excited to drive this transformation by powering the grid with Michigan-made renewable energy, existing nuclear and natural gas. These new solar and wind assets, enough to power approximately 4 million households, will replace our retiring coal power plants, resulting in a cleaner environment for Michigan families, communities and businesses. We are proud our plan invests $9 billion into Michigan's economy over the next 10 years, supporting more than 25,000 Michigan jobs and the great, local communities we partner with across the state. This transformational plan is complimented by our announcement last year to invest an additional $8 billion to modernize the electric grid, making it more resilient to extreme weather and more reliable as we plan for increased customer demand."
NGM

Hot Stocks

13:04 EDT NGM Biopharmaceuticals to present post-hoc analyses from CATALINA trial - NGM Biopharmaceuticals announced the presentation of findings from post-hoc analyses of its randomized, double-masked, sham-controlled CATALINA Phase 2 trial of NGM621, a monoclonal antibody designed to inhibit activity of complement component 3, in patients with GA secondary to AMD at The Retina Society Annual Scientific Meeting taking place November 2 - 5, 2022 in Pasadena, Calif. The presentation, given by Charles C. Wykoff, M.D., Ph.D., Director of Research at Retina Consultants Texas and an investigator for the CATALINA trial, included a summary of topline findings, as previously reported by NGM Bio, in addition to results from post-hoc analyses undertaken to further interpret the CATALINA study results. The primary efficacy endpoint of the CATALINA trial was the rate of change in GA lesion area, as measured by fundus autofluorescence imaging, over 52 weeks of treatment. As previously reported, over 52 weeks of treatment, NGM621 administered every four weeks and every eight weeks via intravitreal injection demonstrated a reduction in the rate of change in GA lesion area (slope) of 6.3% and 6.5%, respectively, compared to sham, which did not reach statistical significance in either arm. One of the post-hoc analyses presented at the Retina Society meeting involved the evaluation of a sub-population of patients least likely to be impacted by FAF grading limitations: those in the middle two quartiles of a quartile analysis based on baseline lesion area. The patients in this sub-group had baseline GA lesions measuring 4.17 - 9.64 mm2 as compared to study inclusion criteria of baseline GA area between greater than or equal to2.5 mm2 and less than or equal to17.5 mm2. In this analysis, NGM621 demonstrated a reduction in the rate of change in GA lesion area of 21.9% and 16.8%, compared to sham. Using MMRM analysis with the adjusted treatment arm, the reduction in change from baseline in GA at 52 weeks was 20.6% and 16.6.%. NGM621 was discovered by NGM Bio under its strategic collaboration with Merck, known as MSD outside the United States and Canada.
TKC

Hot Stocks

13:03 EDT Turkcell trading resumes
AXL

Hot Stocks

13:02 EDT American Axle trading resumes
LCID

Hot Stocks

13:01 EDT Lucid Group to unveil Lucid Air Pure and Lucid Air Touring on November 15 - Lucid Group announced that Lucid Air Pure and Air Touring will be unveiled during an online global launch event taking place on Tuesday, November 15 at 10:00am PST/1:00pm EST, ahead of the first Air Touring delivery taking place that same evening at the company's Beverly Hills Studio. "In addition, the online event will also feature exciting announcements about the Lucid business and future models, including the Project Gravity SUV that reimagines the luxury SUV with the same in-house developed technology that underpins the groundbreaking Lucid Air sedan. Lucid Air Pure and Air Touring will make their public debut the same week at the company's Beverly Hills Studio and at CDN Designer Night, taking their place in the Air lineup alongside Lucid Air Grand Touring, the 1050-hp Air Grand Touring Performance, and the recently debuted ultra-high-performance Air Sapphire," the company stated in a press release.
AXL

Hot Stocks

13:00 EDT American Axle jumps 13% to $10.31 after Bloomberg takeover interest report
AXL

Hot Stocks

12:57 EDT American Axle trading halted, volatility trading pause
AMZN

Hot Stocks

12:28 EDT Amazon pauses new corporate hiring amid 'uncertain' economy - Beth Galetti, Amazon's Senior Vice President of People Experience and Technology, told employees in a letter: "With the economy in an uncertain place and in light of how many people we have hired in the last few years, Andy and S-team decided this week to pause on new incremental hires in our corporate workforce. We had already done so in a few of our businesses in recent weeks and have added our other businesses to this approach. We anticipate keeping this pause in place for the next few months, and will continue to monitor what we're seeing in the economy and the business to adjust as we think makes sense. In general, depending on the business or area of the company, we will hire backfills to replace employees who move on to new opportunities, and there are some targeted places where we will continue to hire people incrementally. We're facing an unusual macro-economic environment, and want to balance our hiring and investments with being thoughtful about this economy. This is not the first time that we've faced uncertain and challenging economies in our past. While we have had several years where we've expanded our headcount broadly, there have also been several years where we've tightened our belt and were more streamlined in how many people we added. With fewer people to hire this moment, this should give each team an opportunity to further prioritize what matters most to customers and the business, and to be more productive. We still intend to hire a meaningful number of people in 2023, and remain excited about our significant investments in our larger businesses, as well as newer initiatives like Prime Video, Alexa, Grocery, Kuiper, Zoox, and Healthcare."
AMZN

Hot Stocks

12:25 EDT Amazon pauses new corporate hires due to 'uncertain' economy
CNQ

Hot Stocks

12:19 EDT Canadian Natural increases dividend 13% to C$0.85 per share - Canadian Natural Resources announces that its board of directors has approved a 13% increase to its quarterly dividend on its common shares to C$0.85 per common share. The dividend will be payable on January 5, 2023 to shareholders of record at the close of business on December 16, 2022. "Canadian Natural's growing and sustainable dividend demonstrates the confidence that the board of directors has in the sustainability of our business model, the strength of our balance sheet and the company's diverse, long life low decline asset base. This increase represents the continuation of the company's leading track record of 23 consecutive years of dividend increases, with a compound annual growth rate of approximately 21% over that period of time," the company stated.
TLRY

Hot Stocks

12:11 EDT Tilray says ISS, Glass Lewis recommend stockholders vote for Proposal 3 - Tilray Brands announced that Institutional Shareholder Services and Glass, Lewis & Co. have recommended that Tilray stockholders vote "FOR" Proposal 3, the Company's proposal to eliminate Tilray's Class 1 common stock at the Company's Annual Meeting of Stockholders to be held on November 22, 2022. In determining to recommend "FOR" Proposal 3, ISS noted: "This proposal will simplify and update the company's governing documents to reflect that no shares of Class 1 common stock are outstanding, and none will be issued in the future. In addition, this will have no impact on the rights of current shareholders. Therefore, support for this proposal is warranted." Glass Lewis, which joined ISS in recommending "FOR" Proposal 3, noted: "Allowing one vote per share generally operates as a safeguard for common shareholders by ensuring that those who hold a significant minority of shares are able to weigh in on issues set forth by the board."
LYFT

Hot Stocks

12:08 EDT Lyft: No change to Q3 revenue, margin, adjusted EBITDA guidance - Lyft confirmed there have been no changes to its previously issued guidance regarding: its third quarter 2022 revenues, Contribution Margin and Adjusted EBITDA, and its 2024 financial targets for $1 billion in Adjusted EBITDA with more than $700 million in free cash flow. These targets were issued during the Company's second quarter 2022 earnings conference call on August 4, 2022. The announced reduction in force is a proactive step to ensure the Company is set up to accelerate execution and deliver strong business results in Q4 of 2022 and in 2023. As previously announced, the Company is scheduled to report its third quarter 2022 financial results on Monday, November 7, 2022.
LYFT

Hot Stocks

12:08 EDT Lyft confirms plans to terminate 13% of employees, or about 683 workers - In a regulatory filing, Lyft said: "The Company committed to a plan of termination as part of the Company's efforts to reduce operating expenses and adjust cash flows as described in Item 2.02 above. The plan involves the termination of approximately 683 employees, representing 13% of the Company's employees. In connection with the plan of termination, the Company estimates that it will incur approximately $27 million to $32 million of restructuring and related charges related to employee severance and benefits costs, which the Company expects to incur in the fourth quarter of 2022. As part of the restructuring charges for this plan of termination, in the fourth quarter of 2022 and first quarter of 2023 the Company expects to record a stock-based compensation charge and corresponding payroll tax expense related to equity compensation for employees who were terminated and restructuring charges related to a decision to exit and sublease or cease use of certain facilities to align with the Company's anticipated operating needs."
CCK IEP

Hot Stocks

12:06 EDT Icahn confirms holding 8.5% stake in Crown Holdings - Icahn Enterprises (IEP) and Carl Icahn disclosed in a regulatory filing that the reporting persons may be deemed to be the beneficial owner, in the aggregate, of 10,201,273 shares of the common stock of Crown Holdings (CCK), representing an 8.5% stake. Icahn and his associated entities acquired their positions in the shares of common stock "in the belief that they were undervalued and represented an attractive investment opportunity." The reporting persons, among other things, intend to have discussions with representatives of the the company's management and board of directors relating to a variety of matters that they believe will increase shareholder value, including "operational, financial, corporate governance, management, capitalization, accounting, strategic direction, and share performance matters," the filing stated. The Wall Street Journal previously reported that Carl Icahn has accumulated more than an 8% stake in Crown Holdings and wants the company to divest or spin-off noncore assets to focus on the beverage can business.
ERIC VG

Hot Stocks

12:03 EDT Ericsson's Vonage to pay customers $100M in FTC court order - The Federal Trade Commission said it stopped Ericsson's (ERIC) Vonage "from imposing junk fees and creating obstacles to those who try to cancel their service." The FTC alleges that the company "used dark patterns to make it difficult for consumers to cancel and often continued to illegally charge them even after they spoke to an agent directly and requested cancellation." Under the proposed court order, Vonage will be required to pay $10M in refunds to consumers "harmed by the company's actions, make its cancellation process simple and transparent, and stop charging consumers without their consent." Reference Link
ATUS

Hot Stocks

12:00 EDT Altice USA falls -25.9% - Altice USA is down -25.9%, or -$1.62 to $4.64.
CURO

Hot Stocks

12:00 EDT Curo Group falls -26.9% - Curo Group is down -26.9%, or -$1.33 to $3.62.
LNC

Hot Stocks

12:00 EDT Lincoln National falls -31.1% - Lincoln National is down -31.1%, or -$16.22 to $35.88.
MBI

Hot Stocks

12:00 EDT MBIA rises 18.7% - MBIA is up 18.7%, or $1.87 to $11.85.
GHL

Hot Stocks

12:00 EDT Greenhill & Co. rises 23.6% - Greenhill & Co. is up 23.6%, or $1.73 to $9.05.
BVH

Hot Stocks

12:00 EDT Bluegreen Vacations rises 23.8% - Bluegreen Vacations is up 23.8%, or $4.05 to $21.10.
TKC

Hot Stocks

11:23 EDT Turkcell trading halted, news pending
DKS

Hot Stocks

11:20 EDT Dick's Sporting launches $50M DSG Ventures fund - DICK'S Sporting Goods announced the launch of DSG Ventures, a $50M in-house fund that will invest in innovative companies that, like DICK'S, hold the core belief that sports make people better. DSG Ventures will initially focus on companies that directly serve athletes and their communities, or that help DICK'S better serve its own athletes. In many cases, the fund will seek to help these companies grow by providing them with support and resources that go far beyond capital and include what makes DICK'S unique: distribution reach, industry-leading expertise in retail, operational excellence and relationship with athletes.DSG Ventures is also working with innovation advisory VentureFuel on a Retail Innovation Program to identify startups to collaborate with DICK'S Sporting Goods on a pilot program around enhancing the customer experience. The pilot covers any area of the customer experience from e-commerce to in-store experience to AI.
LVO

Hot Stocks

11:17 EDT LiveOne sets December 22 as record date for PodcastOne stock dividend - LiveOne announced that it has fixed December 22 as the record date to determine LiveOne's shareholders eligible to receive its planned special dividend of between 5% and 10% of PodcastOne's common stock in aggregate as part of its intention to spin-out PodcastOne as a separate public company. "Other criteria to determine LiveOne's shareholders eligible for the special dividend shall be determined and announced by LiveOne at a later date. In July 2022, LiveOne announced that PodcastOne closed a $8.1M financing at a post-money valuation of $68M as part of its intention to spin-out PodcastOne as a separate public company and dividend of a portion of its common equity to 15K+ LiveOne shareholders. LiveOne expects to file a Registration Statement on Form S-1 with respect to spin-out with the U.S. Securities and Exchange Commission by December 15, 2022, and expects to complete the spin-out by the end of its fiscal year ending March 31, 2023. The planned spin-out, amount of the special dividend and LiveOne's shareholders dividend eligibility shall be subject to obtaining applicable approvals and compliance with applicable rules and regulations and public market trading and listing requirements," the company stated.
TTEK

Hot Stocks

11:06 EDT Tetra Tech reports award of $35M USAID contract - Tetra Tech announced that the U.S. Agency for International Development, or USAID, has awarded the company a $35M, five-year, single-award contract to increase water use efficiency and conservation in Jordan. "Through the USAID Water Efficiency and Conservation Activity, Tetra Tech will provide science-based solutions to the Government of Jordan, private sector equipment suppliers, farmers, and other stakeholders to increase water security through improved water resource management," the company stated.
FOX...

Hot Stocks

11:04 EDT Fox Corp. partners with FreeWheel for OneFOX inventory - Fox Corporation (FOX) announced that it has selected FreeWheel (CMCSA) as a partner to enable its OneFOX video inventory across the company's entertainment, sports, streaming and news portfolio. With this agreement, FreeWheel will work with FOX to holistically manage direct sold advertising campaigns across premium content from the company's leading brands, which includes FOX News Media, FOX Sports, FOX Entertainment, and Tubi, the company's leading, free ad-supported streaming service. Additionally, the agreement allows both parties to bring forth new opportunities addressing current industry needs, including: Unified video inventory, ease of management for campaigns running across Fox's portfolio; Additional data and insights capabilities that are available by unifying execution across this portfolio; Working smarter to find target audiences.
MRNA

Hot Stocks

10:53 EDT Health Canada authorizes bivalent Moderna Spikevax COVID booster - Health Canada authorized an adapted version of the Moderna Spikevax COVID-19 vaccine that targets the Omicron BA.4/BA.5 subvariants. It is authorized for use as a booster dose in individuals 18 years of age or older. After a thorough and independent scientific review of the evidence, Health Canada has determined that the bivalent Moderna Spikevax booster is safe and effective. Clinical trial results showed that a booster dose of the bivalent Moderna Spikevax vaccine triggers a strong immune response against both Omicron and the original SARS-CoV-2 virus strains. This adapted vaccine has a similar safety profile to the previously approved Moderna Spikevax boosters, with the same mild adverse reactions that resolved quickly. Health Canada has placed terms and conditions on the authorization requiring Moderna to continue providing information to Health Canada on the safety and efficacy of the bivalent vaccine.
VRE

Hot Stocks

10:40 EDT Kushner calls Veris Residential letter 'uninformed', 'disingenuous' - Kushner, one of the largest shareholders of Veris Residential, sent a response to Veris' Board of Directors following their unanimous rejection of Kushner's proposals to the Company: The letter read, " I received your letter which I found to be uninformed at best and disingenuous at worst. Kushner's bid is fully capitalized and committed, which Kushner is happy to substantiate and disclose to the Board if the Board is actually interested in engaging with us. Lip service does not qualify as engagement. This leadership team has no clear long term plan to maximize the value of the portfolio, nor are they the right team to execute. Veris mischaracterizes the prior experience between our two organizations. Veris Board Members have consistently misled Kushner which has further eroded our confidence in current leadership. We made very clear to Board Members we had no interest in acquiring Harborside on its own and were instead prepared to acquire the company at a substantially higher price than today. After being misled for a month, we withdrew an offer for Harborside we were told by the Board to make, left with the unmistakable impression the Board doesn't know what they're doing. Veris rejects external management out of hand because of broad strokes analysis of "externally managed" vs "internally managed". But this completely mischaracterizes the context including the bespoke proposal we've made. Most internally managed REITs are many multiples the size of Veris. Most externally managed REITs are poorly governed fee machines. Our proposal specifically excludes current fee streams, contributes our substantial organization at cost, and calls for a fully independent Board to avoid conflicts. Kushner doesn't engage in third party management for many reasons, and as a substantial owner of the company would be fully aligned with shareholders to maximize the value of the assets. We're glad to see Veris recognize their grossly high G&A load but blaming it on the past and at the same time claiming it's in line with peers is laughable. We will be making our proposal public since this Board and management team are more focused on enriching themselves than shareholders. With respect to performance, the proof is in the pudding. We've distributed hundreds of millions of dollars to our partners over the past 2 years and Veris has distributed zero. The market clearly believes in Kushner more than Veris' management team given recent stock performance. Veris announced the effective completion of their "strategic transformation" and the only people who bought the stock were insiders in receipt of Kushner's overtures. Kushner announced their proposals to the public and the market drove the stock price to levels 50% above last month's all time lows."
CGEN

Hot Stocks

10:39 EDT Compugen announces receipt of Nasdaq delisting notice - Earlier, Compugen announced that on October 31 it received a notification letter from the Listing Qualifications Department of The Nasdaq Stock Market notifying the company that its ordinary shares failed to maintain a minimum bid price of $1.00 over the previous 30 consecutive business days as required by Nasdaq listing rules. "The receipt of the Nasdaq notification letter does not result in the immediate delisting of the company's ordinary shares and has no current immediate effect on the listing or trading of the company's ordinary shares on the Nasdaq Global Market, under symbol 'CGEN,'" the company stated. "In the event that Compugen does not regain compliance by May 1, 2023, the company may transfer the listing and trading of its ordinary shares to The Nasdaq Capital Market, provided that it meets the applicable standards for initial listing of its ordinary shares on the Nasdaq Capital Market and may be eligible for an additional 180 calendar day grace period by providing a written notice of its intention to cure the deficiency during this second compliance period by effecting a reverse share split, if necessary. If the company does not regain compliance with the Minimum Bid Price Requirement by May 1, 2023, and is ineligible for an additional grace period, Nasdaq will provide written notice that the ordinary shares are subject to delisting from the Nasdaq Global Market. In that event, the company may appeal the determination to a Nasdaq hearings panel. Compugen intends to monitor the closing bid price of its ordinary shares. Receipt of the Nasdaq notification letter has no effect on the company's business operations," Compugen added.
CVRX

Hot Stocks

10:33 EDT CVRx announces launch of Barostim NEO2 IPG - CVRx annouced its launch of the new Barostim NEO2 IPG. "The second-generation device reduces the size of the IPG by 10% and extends battery life by 20%, reducing the frequency of device replacements for patients and their providers," the company stated. "The new Barostim NEO2 is another leap forward in improving the patient and provider experience with Barostim Therapy. These upgrades enable improved longevity using a smaller footprint and allow physicians to implant the device more easily than ever before," added Nadim Yared, President and CEO of CVRx.
BA

Hot Stocks

10:32 EDT Boeing partners with translation app Tarjimly - Boeing and Tarjimly announced a new partnership to increase translation access for refugees and immigrants around the world. Boeing's $100,000 multi-year investment will help Tarjimly enhance the app user experience and will enable more than 10,000 translator connections for 5,000 refugees in need of critical language support. This increase in real-time support will result in refugees receiving humanitarian services twice as fast.
NKLA

Hot Stocks

10:31 EDT Nikola to reduce headcount by 7% this month
NKLA

Hot Stocks

10:31 EDT Nikola: Determined company better off making fewer trucks, preserving cash - The company said it determined it will be better off making fewer trucks and preserving cash until there is more visibility in 2023.
HUDI

Hot Stocks

10:20 EDT Huadi International Group Co trading resumes
NKLA

Hot Stocks

10:18 EDT Nikola to cut CapEx for FY23 by 20%-30%
NKLA

Hot Stocks

10:18 EDT Nikola: Q4, FY23 deliveries to be below expectations - The company did not provide a BEV delivery target for 2023. Comments taken from Q3 earnings conference call.
BR

Hot Stocks

10:16 EDT FLX Networks secures $10M in strategic investments - FLX Networks announced a capital raise of $10 million. The growth equity round, which values the company at approximately $50 million, was led by global investment manager Barings, with participation from industry leaders Allianz Life Ventures and Broadridge Financial Solutions. The raise reflects cross-industry confidence in the platform and coincides with several milestones for FLX Networks. The Company, which will celebrate its third anniversary in December, achieved over $1 billion in investment product sales, saved member asset managers more than $10 million in discretionary costs, and surpassed 1,000 in overall industry membership. To continue momentum, the new capital will be allocated to technology builds and new personnel.
HUDI

Hot Stocks

10:15 EDT Huadi International Group Co trading halted, volatility trading pause
COP

Hot Stocks

10:12 EDT ConocoPhillips raises dividend 11%, announces increase to buyback program - Earlier ConocoPhillips announced a quarterly ordinary dividend of 51c per share, payable Dec. 1, 2022, to stockholders of record at the close of business on Nov. 15, 2022. In addition, the company announced a VROC of 70c per share, payable Jan. 13, 2023, to stockholders of record at the close of business on Dec. 27, 2022. The company also announced the Board of Directors approved a $20B increase in the existing share repurchase program to $45B, consistent with the company's plan for future share repurchases. Shares of ConocoPhillips are up nearly 4% to $131.24 in morning trading following the Q3 earnings report.
NKLA

Hot Stocks

10:12 EDT Nikola says won't meet truck delivery guidance for 2022 - Nikola CFO Kim Brady said on the company's earnings call that battery electric vehicle deliveries in 2022 will fall short of its 300 target. Brady also said that customers are reluctant to invest in charging infrastructure.
STLA

Hot Stocks

10:11 EDT FCA US issues 'stop-drive' order for certain 2005-2010 Dodge vehicles - FCA US announced that it "urgently warns" U.S.-market owners or custodians of model-year 2005-2010 Dodge Magnum station wagons, Dodge Challenger coupes, and Dodge Charger and Chrysler 300 sedans who have not yet addressed Takata driver-side air-bag recalls to immediately stop driving their vehicles. "FCA is voluntarily undertaking this campaign, which affects approximately 276,000 vehicles. Owners or custodians of these vehicles will be contacted directly, advised to stop driving their vehicles and urged to obtain the necessary service, which continues to be available free of charge at any certified FCA-brand dealer. FCA - the first automaker to migrate from Takata to an alternate source of replacement parts - has sufficient inventory of new air bags to meet demand. The longer these particular vehicles remain unrepaired, the greater the risk of an air-bag rupture, in event of a crash. Free replacement driver-side air bags have been available for this population since 2015. FCA is and has been engaged in aggressive outreach to encourage vehicle owners and custodians affected by Takata recalls to obtain service. To date, through various initiatives, the company has generated nearly 210 million standard and first-class letters, courier deliveries, e-mails, text messages, while also making phone calls and home visits. Many owners say they don't have time to obtain the remedy. However, the repair procedure takes well under one hour. Air bags of the variety subject to this recall are no longer used in FCA vehicle production," the company stated.
SLNA

Hot Stocks

10:08 EDT SLNA Stock trading resumes
K

Hot Stocks

10:05 EDT Kellogg: Outlook for North America 'strong'
MT

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10:04 EDT ArcelorMittal invests $25M in TerraPower - ArcelorMittal announces it has invested $25 million in nuclear innovation company TerraPower through its XCarb Innovation Fund. The investment is part of an $830 million equity raise TerraPower has concluded, which is the largest private raise among advanced nuclear companies. TerraPower, which was founded by Bill Gates in 2008, entered the nuclear energy arena because the company's founders saw clean energy as the pathway to lift billions out of poverty. It has spent the last decade investing in and developing ground-breaking nuclear technologies. Its flagship technology is Natrium, which features a cost-competitive sodium fast reactor combined with a molten salt energy storage system. This combination will provide clean, flexible energy and integrate seamlessly into power grids with high penetrations of renewables. TerraPower is experiencing significant growth, and is currently building its first Natrium reactor, a TerraPower and GE Hitachi technology, as part of the U.S. Department of Energy's Advanced Reactor Demonstration Program. The facility, being constructed near the site of a retiring coal plant in Kemmerer, Wyoming, will feature a 345 MWe sodium fast reactor alongside an energy storage system that can boost output to 500 MWe during peak demand. Large scale, first-of-a-kind, energy generation projects like the Natrium project take years to come to fruition, and TerraPower is targeting an in-service date for the project within this decade.
KDNY

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10:04 EDT Chinook Therapeutics: Atrasentan was well-tolerated in Phase 2 cohort - Chinook Therapeutics announced two posters and three informational posters being presented today at ASN Kidney Week 2022 being held virtually and live in Orlando, Florida. "The updated interim data from the IgAN patient cohort of the atrasentan phase 2 AFFINITY basket trial continue to demonstrate highly consistent and clinically meaningful proteinuria reductions in patients with IgAN already on a maximally tolerated and stable dose of a RAS inhibitor," said Eric Dobmeier, president and chief executive officer of Chinook Therapeutics. Key highlights from the presentation include the following: In the IgAN cohort, median baseline 24-hour urine protein excretion was 1.2 g/day. Overall, 14 of 20 patients enrolled had baseline total proteinuria over one gram per day despite optimized RAS inhibitor treatment, representing an IgAN patient population at high risk for progression. As of the October 19, 2022 data cutoff, atrasentan was well-tolerated in patients with IgAN, with no treatment-related SAEs. Of the 20 patients enrolled, ten patients remained on study, nine patients completed 52 weeks of treatment and one patient discontinued after 13 weeks of treatment due to a headache. Mean time on treatment for all patients was 45 weeks. One patient had an unrelated serious adverse event of a traffic accident, but remained on study. Five patients had a treatment-related adverse event, all of which were considered mild or moderate.Two patients experienced peripheral edema - one mild and one moderate - which resolved in less than seven days with temporary use of low-dose diuretics. All other treatment-emergent adverse events have resolved. There were no meaningful changes in blood pressure or acute eGFR effects, suggesting proteinuria reductions were not primarily due to hemodynamic effects of atrasentan. There were no increases in BNP or mean bodyweight, suggesting minimal fluid retention. Atrasentan demonstrated mean reductions in 24-hour urine protein creatinine ratio of 38.1% at six weeks of treatment, 48.3% at 12 weeks of treatment and 54.7% at 24 weeks of treatment. After 24 weeks of treatment, 15 of the 19 patients who had completed this visit had greater than a 40% reduction in UPCR.
VUZI

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10:04 EDT Vuzix leases manufacturing space to support expansion of waveguide production - Vuzix Corporation announces that the Company has signed a new lease for floor space in a building adjacent to its West Henrietta headquarters for the express purpose of expanding its waveguide production capacity. The lease is for partial occupancy of the building with an option to lease the entire building as needed for future phase expansion. This action is expected to increase the Company's annual production capacity to well over one million units during the first half of 2023. "The optical, weight and power advantages offered by Vuzix waveguides are well appreciated by our partners in enterprise, defense, consumer and other markets. With the growing demand for custom configured waveguides emerging for us, it is an opportune time for Vuzix to be ramping its waveguide production capacity," said Paul Travers, President and CEO of Vuzix. "All Vuzix OEM solutions are designed and manufactured in-house here in New York State, protected by a deep IP portfolio, and supported by facilities equipped to supply at scale and at a cost competitive price for key customers."
SLNA

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10:03 EDT SLNA Stock trading halted, volatility trading pause
ARDX

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10:02 EDT Ardelyx presents new data analyses at Kidney Week 2022 on XPHOZAH - Ardelyx announced that new analyses of data from its three Phase 3 trials supporting the clinical utility of XPHOZAH will be presented at the American Society of Nephrology, ASN, Kidney Week 2022, taking place in Orlando, Florida from November 3-6, 2022. "These data continue to support the benefit that novel-mechanism XPHOZAH could have for patients on dialysis with hyperphosphatemia," said David Rosenbaum, Ph.D., chief development officer for Ardelyx. "Notably, early response to XPHOZAH was found to be predictive of continued response throughout the treatment period. This information could help guide treatment decisions that maximize the potential therapeutic benefit of XPHOZAH for these patients. With over 1,100 patients treated with XPHOZAH in clinical studies in the U.S. as well as clinical data generated by our partner Kyowa Kirin in Japan, we believe the impact that this first-in-class treatment could have for CKD patients on dialysis is clear."
KZR

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10:02 EDT Kezar Life Sciences: 64.7% of patents achieved ORR at EOT in MISSION trial - Kezar Life Sciences announced that it presented the complete data set from the MISSION Phase 2 clinical trial evaluating zetomipzomib, a novel, first-in-class, selective immunoproteasome inhibitor, in active lupus nephritis at the American Society of Nephrology's Kidney Week 2022 Annual Meeting in Orlando, FL. In the MISSION Phase 2 clinical trial, 17 of 21 enrolled patients reached end-of-treatment at Week 25 and end-of-study at Week 37. Zetomipzomib treatment demonstrated clinically meaningful renal responses with additional ORRs and CRRs observed during the safety follow-up period. At EOT, 11 of 17 patients (64.7%) achieved an ORR measured as a 50% or greater reduction in UPCR compared to baseline, the primary endpoint of the clinical trial. During the safety follow-up period, clinical responses deepened, and ORRs increased to 16 of 17 patients (94.1%) at Week 29 and 15 of 17 patients (88.2%) at EOS. 12 of 17 patients (70.6%) also reached UPCR of 0.7 or less at EOS. At EOT, 6 of 17 patients (35.3%) achieved a CRR, including a UPCR of 0.5 or less, stable eGFR, daily prednisone/prednisone equivalent dose of 10 mg or less, and no use of prohibited medication. During the safety follow-up period, an additional patient achieved a CRR, with the total CRRs increasing to 7 of 17 patients (41.2%) at Week 29 and EOS, demonstrating a deepening renal response throughout the 37-week trial.
MSFT RTX

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10:01 EDT Microsoft, Raytheon Technologies expand collaboration - Raytheon Technologies (RTX) is deepening its collaboration with Microsoft (MSFT) to equip the aerospace and defense company's employees with cloud-based tools, technologies, and platforms to enhance collaboration, optimize operations and unlock intelligent insights that drive greater value for customers. The effort includes co-development of capabilities, as well as Raytheon Technologies' use of existing or modified versions of popular Microsoft solutions such as Microsoft Teams. It is part of the company's strategy to optimize operations and give employees access to standardized digital tools globally.
CMCXF

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10:00 EDT CMC Metals announces exploration efforts at Bridal Veil property - CMC Metals is pleased to announce that new exploration efforts including a pilot Induced Polarization Survey and additional soil geochemical surveys are planned for its polymetallic-gold property at its Bridal Veil Property in Central Newfoundland. A small induced-polarization pilot grid of approximately 7.5 line kilometers will be conducted in an area of exploration interest covering where previous ground magnetometer surveys have identified an abrupt transition from a magnetic low to a magnetic high. This feature exists over a strike length in excess of 6.0 kilometers and is thought to represent a contact between a large intrusive body with mineralized volcano-sedimentary sequences and is considered a possible setting for ore deposition. This pilot project is being conducted to test the effectiveness of IP to potentially define future drill targets. If successful, the Company will examine the viability of expanding the IP survey either in other areas of interest or along the full extent of the northeast trending contact. In addition, soil sampling crews will be conducting further geochemical testing of areas near the key contact with low magnetism, and also an extension of previous grids that have shown anomalous metal values. Collectively, these efforts are designed to further assist in the definition of future drill targets. Permits have been filed for this work and it is expected to commence on or before mid-November.
IPI

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10:00 EDT Intrepid Potash falls -20.2% - Intrepid Potash is down -20.2%, or -$8.69 to $34.38.
LNC

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10:00 EDT Lincoln National falls -28.3% - Lincoln National is down -28.3%, or -$14.75 to $37.35.
ATUS

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10:00 EDT Altice USA falls -33.9% - Altice USA is down -33.9%, or -$2.12 to $4.14.
NVRO

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10:00 EDT Nevro rises 13.6% - Nevro is up 13.6%, or $4.98 to $41.68.
TGLS

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10:00 EDT Tecnoglass rises 17.1% - Tecnoglass is up 17.1%, or $3.40 to $23.30.
BVH

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10:00 EDT Bluegreen Vacations rises 24.6% - Bluegreen Vacations is up 24.6%, or $4.20 to $21.25.
CLVR

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09:59 EDT Clever Leaves partners with Anden Naturals to bring cannabis to Peru - Clever Leaves Holdings announced that its partner, Peruvian medicinal cannabis company Anden Naturals, has obtained the sanitary registration for the finished product, "Andenol 50," a 5% THC dominant oral solution produced by Clever Leaves in Colombia and sold under the Anden Naturals brand in Peru. Andenol 50, is Anden Naturals' first THC dominant product to obtain sanitary registration for its commercialization as a finished product and is considered to be a "phytotherapeutic" product, by the Peruvian health authority and indicating passage of all quality inspections. Anden Naturals manufactures and markets medicinal cannabis products in Peru through magistral formulations as well as finished products imported from other countries. The company distributes medical cannabis products through its own pharmacies in the country. Obtaining this sanitary registration of a THC dominant finished product reflects both the unmatched quality of the medical cannabis cultivated by Clever Leaves and Clever Leaves' rigorous product development processes. The initial shipment of 1,000 units is set for Q1 of 2023 and the potential market is expected to be 30,000 registered patients, according to data as of August 2022.
CTV

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09:57 EDT Innovid partners with NCSolutions - Innovid Corp. announced a unique partnership with NCSolutions. The partnership empowers the CPG ecosystem to create and deliver more effective advertising with purchase-based audiences and sales measurement solutions.
VERB

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09:55 EDT Verb Technology, Pittsburgh Pirates announce video multiyear deal - VERB Technology Company announced that the Company has entered into a multi-year partnership with its first Major League Baseball team, the Pennsylvania-based Pittsburgh Pirates to deploy VERB's suite of sales enablement solutions in driving ticket and merchandise sales and engaging with Pirates fans through interactive, shoppable digital content.
SEE

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09:52 EDT Sealed Air invests in solar farm - For Sealed Air Corporation, the $1 million annual savings it will realize from its recent investment in an 11-acre solar farm is just a perk that goes along with doing what's right. "We always have sustainability in mind with everything that we do, whether it is a new product or a new facility," said Sealed Air President of the Americas Tobias Grasso. "We always ask, 'What is this bringing to us?' and 'How is this advancing our mission to leave our world better than we found it?' Because we have a stated goal to be net-zero carbon neutral in our operations by 2040, we want to make sure that all our investments are in line with that strategy." Earlier this year, a $9 million solar installation at Sealed Air's Madera, California, manufacturing facility began generating electricity-at a rate capable of fulfilling 98% of the plant's electricity needs, according to company calculations. The solar farm is integrated into the legacy power system so that system has a backup energy source when needed.
GRNQ

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09:51 EDT Greenpro Capital's incubatee company Celmonze plans to go public - Greenpro Capital Corp. announced that its incubation company, Celmonze plans to go public to the U.S. Capital Market in year 2023. Celmonze focuses on skincare and beauty products businesses in Malaysia and Singapore since year 2000. Celmonze International Laboratories now comprises of five research labs located across Europe and North America, with its headquarters based in Paris, France. Celmonze now has more than 80 outlets to serve the market and will continuously growing to a targeted 200 outlets across the ASEAN region.
EDSA

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09:51 EDT Edesa Biotech closes $3M private placement - Edesa Biotech announced the closing a private placement directly with investors priced at-the-market under the rules of the Nasdaq Stock Market of 2,691,337 common shares, 12-month warrants to purchase up to an aggregate of 1,345,665 common shares and 3-year warrants to purchase up to an aggregate of 1,345,665 common shares. Officers and directors of the Company purchased approximately $0.5 million of the securities sold in the offering. Each common share was sold together with one-half of a whole 12-month warrant to purchase one common share and one-half of a whole 3-year warrant to purchase one common share. The common shares and accompanying warrants were sold at a combined offering price of $1.125. The warrants will be exercisable on the earlier to occur of (i) the date that is 60 days from the closing date and (ii) the date a registration statement for the common shares issuable upon exercise of the warrants is declared effective. The exercise price of the 12-month warrants is $1.00, and the exercise price of the 3-year warrants is $1.50. The gross proceeds to the Company from this offering are approximately $3.0 million, before offering expenses payable by the Company. The Company intends to use the net proceeds from this offering for the advancement of its clinical programs, including the completion of its Phase 2b study in allergic contact dermatitis, working capital and general corporate purposes.
K

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09:50 EDT Kellogg expects bottlenecks, shortages to last through Q4, says CEO
DUK

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09:49 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 $145 billion 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." To meet customer needs, the company is updating its capital investment plan for its seven regulated utilities to $145 billion over the next decade, a $10 billion increase over its previous 10-year plan. Eighty-five percent of the planned investment will fund the company's generation fleet transition and grid modernization. This includes approximately $75 billion to modernize and harden its transmission and distribution infrastructure; $40 billion for zero-carbon generation, such as solar, wind and battery storage resources, and extending the life of its nuclear fleet; and approximately $5 billion in hydrogen-enabled natural gas technologies. The ultimate timing of investments will be subject to regulatory approvals.
DTIL

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09:49 EDT Precision BioSciences: Abstract on Azer-cel accepted for presentation at ASH - Precision BioSciences announced that an abstract on the effective cell dose and functional attributes of the company's lead CD19 candidate, Azercabtagene Zapreleucel was accepted for poster presentation at the 64th American Society of Hematology Annual Meeting and Exposition, being held December 10-13, 2022 in New Orleans, Louisiana. Precision is currently evaluating azer-cel in a Phase 1/2a clinical trial of adult subjects with relapsed or refractory non-Hodgkin lymphoma who relapsed following treatment with an autologous CAR T. "We look forward to seeing this data presented at the ASH meeting and highlighting the differentiated product cellular attributes including product composition and cell doses that contribute to optimized efficacy and safety of azer-cel. This is the first analysis of an allogeneic CD19 CAR T product composition to demonstrate that strategies to maximize naive cell phenotype may lead to improved safety and efficacy of an allogenic CAR T therapy," said Alan List, M.D., Chief Medical Officer of Precision BioSciences.
FDMT

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09:47 EDT 4D Molecular: 4D-710 'well tolerated' in Phase 1/2 trial - 4D Molecular Therapeutics announced that interim clinical data from the Phase 1/2 clinical trial of 4D-710 for cystic fibrosis lung disease were presented at the North American Cystic Fibrosis Conference. The presentation focused on safety, tolerability, and delivery and expression of the 4D-710 CFTRR transgene in lung tissue samples from patients enrolled in cohort 1. The company said 4D-710 was well tolerated, with no 4D-710-related adverse events following aerosol delivery. "The aerosol delivery procedure for 4D-710 was well tolerated. One patient experienced grade 1 dry throat and fatigue during aerosol delivery. 4D-710-mediated CFTRR transgene delivery and expression were assessed by both endobronchial biopsies and brushings at week 4 post-treatment. Successful widespread delivery and expression of the 4D-710 CFTRR transgene was demonstrated. All three patients' lungs demonstrated evidence of CFTRR transgene expression."
WMS

Hot Stocks

09:47 EDT Advanced Drainage falls -21.9% - Advanced Drainage is down -21.9%, or -$24.85 to $88.60.
ATUS

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09:47 EDT Altice USA falls -24.3% - Altice USA is down -24.3%, or -$1.52 to $4.74.
LNC

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09:47 EDT Lincoln National falls -25.3% - Lincoln National is down -25.3%, or -$13.19 to $38.91.
BTU

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09:47 EDT Peabody Energy rises 7.4% - Peabody Energy is up 7.4%, or $1.71 to $24.93.
BALL

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09:47 EDT Ball Corp. rises 8.3% - Ball Corp. is up 8.3%, or $3.95 to $51.80.
ELF

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09:47 EDT e.l.f. Beauty rises 10.2% - e.l.f. Beauty is up 10.2%, or $4.24 to $45.90.
BLGO

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09:45 EDT BioLargo adds Linda Park, Christina Bray to board of directors - BioLargo announced it has added two new board members to its team: Linda Park and Christina Bray. Linda Park is a trusted executive and legal professional with a proven track record of supporting and advising public companies. Christina Bray is a senior finance specialist, entrepreneur, and renewables specialist, and currently serves as the CEO and founder of Bluedot Energies.Concurrently, board members John Runyan and Kent Roberts II have retired from their positions on the Board of Directors where they served faithfully for over a decade. Both will remain as formal Advisors to the Board of Directors as their time permits.
INOD

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09:44 EDT Innodata begins ramp-up on Synodex platform expansion - Innodata announced that it has begun ramping up its Synodex medical records data extraction platform managed service for a Fortune 500 life insurance customer. Innodata now estimates the engagement at $2.3 million per year of ongoing annual revenue, up from the previously announced $1.8 million.
MRUS

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09:44 EDT Merus trading resumes
MCVT

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09:43 EDT Mill City Ventures III funds $855,000 short-term insurance settlement - Mill City Ventures III announced its funding of a settled insurance claim in the amount of $855,000. The related short-term note is expected to mature in 120 days and involve an annualized return of 33.5%.
IDBA

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09:42 EDT IDBA Stock trading resumes
ATUS

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09:42 EDT Altice USA trading resumes
K

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09:41 EDT Kellogg sees gross profit margin up in Q4, but not as much as expected - Comments taken from Q3 earnings conference call.
XPL

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09:39 EDT Solitario expands Downpour gold zone at Golden Crest Project - Solitario Zinc is pleased to report that it has significantly expanded the Downpour high-grade gold zone on its Golden Crest Project, South Dakota. Several new areas with multi-gram gold values have been discovered to the north, southeast, and west. In total, the footprint of these newly discovered areas, including the original Downpour Central discovery, constitute an area measuring 800 meters in length in a north-south trend, and 500 meters in width in an east-west direction. Significantly, this zone remains open to expansion to the north and west.
TXG

Hot Stocks

09:39 EDT 10x Genomics trading resumes
SMID

Hot Stocks

09:38 EDT Smith-Midland Corp continues to secure 'meaningful contracts' - Smith-Midland and all of its competitors continue to face many macroeconomic challenges including labor shortages, inflationary and raw material cost increase, and supply chain disruptions. Demand for barrier rentals remains strong, and the fleet will more than double by the end of the year at the originally announced cost of approximately $5.0 million. The Company continues to secure meaningful contracts, including the recently announced $8.6 million contract with the NCDOT. Management believes the Company's business is more resilient through recessionary pressures thanks to spending related to the Infrastructure Investment and Jobs Act that will begin to take effect over the coming months, its diverse end markets, growing licensee network and innovative patented, proprietary, and customized products. Backlog was approximately $51.4 million recorded as of October, 2022, compared to approximately $28.5 million a year ago and 35% higher than the previous record backlog in the first quarter of 2018. Management will continue to execute against the Company's long-term growth strategy focusing on continuously enhancing shareholder value.
ATUS

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09:37 EDT Altice USA trading halted, volatility trading pause
MRVI

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09:37 EDT Maravai LifeSciences trading resumes
EFLVF

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09:36 EDT Electrovaya announces C$14.8M private placement - Electrovaya has entered into securities purchase agreements with existing institutional investors, new institutional investors and insiders for a private placement of the Company's common shares and warrants to purchase common shares for aggregate gross proceeds to the Company of approximately C$14.8 million. The Company agreed with purchasers to use its best efforts to complete a listing of its Common Shares on the Nasdaq Capital Market by April 30, 2023. Pursuant to the Private Placement, the Company will issue 17,543,402 Common Shares and Warrants exercisable to purchase up to 8,771,700 Common Shares at a purchase price of C$0.8461 per Common Share and associated Warrant. Each Warrant will entitle the holder thereof to purchase one Common Share at an exercise price of C$1.06 per Common Share, subject to adjustment in accordance with the terms and conditions of the Warrants, at any time prior to the three-year anniversary of the closing date of the Private Placement. In addition, if the Common Shares are not listed on the Nasdaq Capital Market by April 30, 2023, the exercise price of the Warrants by such date will be adjusted to C$0.94 per Common Share, subject to adjustment in accordance with the terms and conditions of the Warrants. The Private Placement is anticipated to close on or about November 7, 2022, and is subject to the satisfaction of certain customary closing conditions, including the receipt of all necessary regulatory and stock exchange approvals, including the approval of the Toronto Stock Exchange. Craig-Hallum Capital Group LLC is acting as exclusive placement agent for the Private Placement in the United States.
AUTL

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09:35 EDT Autolus Therapeutics to present three clinical data updates at ASH meeting - Autolus Therapeutics announces the online publication of three abstracts submitted to the American Society of Hematology, or ASH, Annual Meeting, to be held December 10-13. "We're looking forward to presenting follow up data from three of our clinical trials at ASH this year. Obe-cel continues to show a potentially best-in-class profile across a number of indications, and we will be presenting the encouraging safety, efficacy and long-term follow up of obe-cel in relapsed/refractory B-ALL as well as in the B-NHL cohorts from the ALLCAR19 study. For both AUTO1/22 in pediatric ALL patients and for AUTO4 in peripheral T Cell Lymphoma we will present longer follow up data," said Dr. Christian Itin, CEO of Autolus.
UBER

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09:35 EDT Uber's Drizly announces new brand direction - Drizly, an Uber Company, announced its new brand direction. The company said: "Drizly is signaling its expansion from an on-demand-only player with delivery in 'under 60 minutes,' to a tailored e-commerce shopping destination focused on helping customers find the best drink for the moment, whether they need it now or later. This transition is further supported by the broadening types of moments and occasions that Drizly has observed consumers turning to the platform for, including sending gifts. With gifting experiencing sustained momentum on Drizly over the past few years, gift order share has scaled over 100 percent from 2019 to 2022 to date. As part of this brand evolution, Drizly is rolling out a redesigned product experience, with ongoing updates slated in the coming months to better serve all of its customer's life moments."
TXG

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09:34 EDT 10x Genomics trading halted, volatility trading pause
MRUS

Hot Stocks

09:34 EDT Merus trading halted, volatility trading pause
BMEA

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09:33 EDT Biomea Fusion to present preclinical data for BMF-500 - Biomea Fusion announced it will present preclinical data of investigational covalent FLT3 inhibitor, BMF-500, at the 64th ASH Annual Meeting, which will be held from December 10-13, 2022, at the Ernest N. Morial Convention Center in New Orleans, Louisiana. BMF-500 was discovered and developed in-house at Biomea using the company's proprietary FUSION System and designed to have a therapeutic profile to allow for combinations with standard of care and/or novel targeted agents like BMF-219, Biomea's investigational covalent menin inhibitor. The company is on track to submit an investigational new drug application for BMF-500 in the first half of 2023 and, subject to the successful clearance of an investigational new drug application, plans to initiate clinical trials evaluating BMF-500 as a single agent and in novel combinations. Activating mutations of the FMS-like tyrosine kinase 3 are the most frequent genetic alteration in AML and are associated with poor prognosis. Though several FLT3 inhibitors have entered clinical trials and reached commercialization, adverse events and dose-limiting toxicities often restrict the therapeutic window and limit their long-term use. Such limitations impact the ability to achieve long-lasting response in patients and ultimately result in therapy-induced resistance. Exquisite potency combined with high selectivity and improved safety profile is expected to help improve tolerance and overall treatment outcomes of FLT3-targeted therapy. BMF-500 was designed as a highly potent and selective, covalent, small molecule inhibitor of FLT3, that binds irreversibly to a reactive cysteine in the kinase active site. BMF-500 is a picomolar inhibitor with markedly improved potency over gilteritinib, a reversible inhibitor of FLT3. BMF-500 selectively killed AML cells harboring FLT3 activating mutations, including MV4-11 and MOLM-13, and engineered cells expressing FLT3 internal tandem duplications and/or FLT3 tyrosine kinase domain mutations. In ex vivo cultures, BMF-500 as a single agent induced potent growth inhibition of patient-derived AML cells harboring either FLT3-ITD or FLT3 non-ITD mutations. The potent covalent inhibition of FLT3 by BMF-500 manifested in effective and durable cellular response that was improved over gilteritinib. For example, a 3-hour exposure followed by wash-out of BMF-500 outperformed 4 days of continuous exposure to gilteritinib, at all concentrations tested. In cells harboring FLT3 activating mutations, BMF-500 induced dose-dependent inhibition of FLT3 phosphorylation and downstream signaling, including phospho-STAT5 and phospho-ERK. A 1-hour pulse treatment with BMF-500 was sufficient to achieve deep and durable target inhibition for greater than 24 hours, an effect not observed with gilteritinib under similar conditions. Profiling BMF-500 across a broad panel of kinases and key cell-surface receptors revealed high selectivity for FLT3 mutants and selectivity against cKit. Potent FLT3 inhibition and high selectivity of BMF-500 translated to sustained tumor regression and improved survival in both subcutaneous and disseminated xenograft models of mutant FLT3-driven AML. Orally administered BMF-500 was well tolerated over 4 weeks of dosing. Study results including efficacy and PD response will be presented. Collectively these data demonstrate BMF-500 to be a novel FLT3 inhibitor with best-in-class potential, given its efficacy, durability, and selectivity in comparison to existing FLT3 inhibitors.
IDBA

Hot Stocks

09:32 EDT IDBA Stock trading halted, volatility trading pause
MRVI

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09:32 EDT Maravai LifeSciences trading halted, volatility trading pause
SAVA

Hot Stocks

09:32 EDT Cassava files lawsuit against perpetrators of 'short and distort' campaign - Cassava Sciences announced that it has filed a lawsuit in federal court against certain individuals who executed a "short and distort" campaign against the Company. The 150+ page complaint alleges that the Defendants' disinformation campaign caused a precipitous decline in Cassava Sciences' stock price, a multi-billion dollar decline in its market capitalization, and delayed the Company's work in developing a treatment for Alzheimer's disease. The lawsuit alleges: "Defendants placed personal enrichment over science, over the health of patients, and over the truth. Defendants saw an opportunity to manipulate a stock price and financially benefit from their 'short positions' by defaming a company developing a drug for people with Alzheimer's disease, a condition that afflicts millions of people. Defendants seized that opportunity and, while enriching themselves, caused irreparable harm to the company, its attempts to find a treatment for the disease, and patients waiting for that treatment." The complaint identifies over 1,000 false and defamatory statements made by the Defendants in submissions to the U.S. Food and Drug Administration as well as "reports" and presentations that Defendants published online or on social media.
GLNG

Hot Stocks

09:31 EDT Golar LNG announces sale of $100M shares in CoolCo - Golar LNG announces that it has sold around 8 million shares in Cool Company, raising net proceeds of approximately $100 million. Following the sale Golar will own around 4.5 million CoolCo shares, representing 8.3% of CoolCo.
OSUR

Hot Stocks

09:30 EDT OraSure receives general clearance for its ORAcollect Dx device - OraSure Technologies announced that the Company received U.S. FDA clearance for its ORAcollect*Dx saliva collection device for OTC use. The device had been previously cleared for prescription use by the FDA. ORAcollect*Dx joins the Oragene*Dx product line which previously received FDA general clearance for prescription and OTC use. This new designation now allows ORAcollect*Dx devices to be used by OraSure's commercial partners and legally marketed with their therapeutics or devices in conjunction with their product's intended use. OraSure received this designation through its partnership with Grifols to support screening for alpha1-antitrypsin deficiency in individuals who may be at risk for alpha-1. Alpha-1 raises patients' risks for lung disorders and it is estimated that about 3% of COPD patients have alpha-1. Beginning in Q2 2023, Grifols will offer free AlphaID At Home Genetic Health Risk Service, supporting alpha-1 screening, that utilize the ORAcollect*Dx device to help identify individuals at risk. "This clearance represents a major milestone for OraSure as we work in conjunction with our commercial partners to increase access to healthcare," said Kathleen Weber, President of Molecular Solutions for OraSure Technologies. "With the movement toward precision medicine, we increasingly see the need for genetic testing supporting FDA approved therapeutics as drugs become more specialized for targeted patient populations. This expanded designation now allows us to better support our customers and expands the potential for future indications with the ORAcollect(R)*Dx device."
SMTI INFU

Hot Stocks

09:30 EDT Sanara MedTech enters InfuSystem wound therapy partnership - Sanara MedTech (SMTI) and InfuSystem Holdings, Inc. (INFU) announced the establishment of a partnership, SI Wound Care, focused on delivering a complete wound care solution targeted at improving patient outcomes, lowering the cost of care, and increasing patient and provider satisfaction. The partnership is expected to enable InfuSystem to offer innovative products including Cork Medical, negative pressure wound therapy devices and supplies and Sanara's advanced wound care product line and associated services to new customers.
VYNT

Hot Stocks

09:30 EDT Vyant Bio sells vivoPharm subsidiary to Reaction for $5.5M - Reaction Biology and Vyant Bio announced that the companies have closed on a definitive agreement for Reaction to acquire Vyant Bio's subsidiary vivoPharm LLC, located in Hershey, Pennsylvania. Reaction will retain U.S. personnel from the acquired operations to establish its Hershey, Pennsylvania presence. The purchase price for the transaction is $5.5M in an upfront cash payment. Vyant Bio expects to net approximately $4.4M in cash after tax and transaction related expenses, as well as incur $0.6M in exit costs associated with this transaction. "This transaction provides non-dilutive capital and enables Vyant Bio to further concentrate our efforts to more rapidly advance our therapeutic pipeline in genetic CNS disorders," said Jay Roberts, CEO.
GLNG

Hot Stocks

09:29 EDT Golar LNG announces sale of approximately $100M of shares in CoolCo - Golar LNG announces that it has sold around 8M shares in Cool Company raising net proceeds of approximately $100M. Following the sale Golar will own around 4.5 million CoolCo shares, representing 8.3% of CoolCo. Commenting on the sale, Golar CEO Karl Fredrik Staubo said "The sale of CoolCo shares is driven by progress on FLNG growth opportunities, where we expect to deploy the sale proceeds. We are delighted to see CoolCo realizing the potential of the carrier business and delivering on its commitment to industry consolidation and dividend distributions to shareholders".
INAB

Hot Stocks

09:29 EDT In8bio announces 'positive' early data from the ongoing INB-100 Phase 1 trial - IN8bio announced "positive" early data from the ongoing Phase 1 trial evaluating INB-100, an allogeneic gamma-delta T cell therapy, in patients with high-risk acute myeloid leukemia, or AML, undergoing haploidentical hematopoietic stem cell transplant have been selected for a poster presentation at the 64th American Society of Hematology, or ASH, Annual Meeting and Exposition taking place December 10-13. The abstract highlights data from Cohort 1 of the ongoing Phase 1 clinical trial of INB-100 in patients with high-risk AML undergoing HSCT. Three patients have at least 12 months of follow-up, and all remain in morphological complete remission , or CR; two patients have remained progression-free for more than two years and a third for more than one year post-transplant at the time of abstract submission. Immune system reconstitution through the first 100 days post-treatment demonstrates continued normal function, including observed elevations in T cells, B cells, and gamma-delta T cells. No DLTs or greater than grade 3 events of acute or chronic graft versus host disease, cytokine release syndrome, or immune effector cell neurotoxicity syndrome have been observed. The most common adverse events were constipation, cytomegalovirus reactivation, emesis, fatigue, and hypomagnesaemia, the majority of which were Grade 1/2. Additional updated data will be presented during the poster session at ASH. Trishna Goswami, M.D., Chief Medical Officer of IN8bio, said: "The patients with high-risk AML undergoing HSCT in Cohort 1 continue to demonstrate encouraging signs of long-term durable responses after a single dose with INB-100. These early signs of long-term durability and progression-free survival demonstrate the potential of INB-100 as a new treatment option in this patient population. Importantly, the safety profile on INB-100 continues to be manageable, and we have not seen dose-limiting toxicities to date, which is encouraging. These data suggest that treatment with a one-time allogeneic gamma-delta T cell therapy has the potential to disrupt the treatment paradigm for AML. We look forward to sharing updated data at ASH and additional data at future peer-reviewed conferences."
ATNM

Hot Stocks

09:28 EDT Actinium Pharmaceuticals' Actimab-A shows positive Phase 1 results in AML - Actinium Pharmaceuticals highlighted positive results from the Phase 1 trial evaluating Actimab-A with salvage chemotherapy regimen CLAG-M in fit patients with relapsed or refractory acute myeloid leukemia - AML - as investigator sponsored study. Median Overall Survival was 12 months amongst all 21 patients; 1-year OS of 53% and 2-year OS of 32%; overall Response Rate of 67% across all dose cohorts; 72% MRD negativity rate in patients achieving CRc; ORR of 83% at the recommended Phase 2 dose; Actimab-A CLAG-M combo was active in patients with TP53 mutations with an ORR of 73% and an ORR of 55% in patients previously treated with venetoclax. Sameem Abedin, Principal Investigator of the Study, commented, "The median overall survival of 12 months and 2-year overall survival of 32% is highly impressive in these relapsed or refractory patients, where a majority of treated patients have adverse cytogenetics including TP53 mutations and received prior venetoclax therapy. These are extremely difficult to treat patients with very limited treatment options and their expected median overall survival is approximately 2 to 3 months These data strongly support the further clinical development of this novel targeted radiotherapy-based combination.."
AFMD

Hot Stocks

09:27 EDT Affimed, Artiva announce partnership to advance therapy of AFM13, AB-101 - Affimed announced a new strategic partnership to jointly develop, manufacture, and commercialize a combination therapy comprised of Affimed's Innate Cell Engager, ICE, AFM13 and Artiva's cord blood-derived, cryopreserved off-the-shelf allogeneic NK cell product candidate, AB-101. This clinical agreement follows the parties' existing two-year preclinical collaboration to assess combining elements of the companies' respective platforms in the generation of targeted, off-the-shelf allogeneic NK cell therapies. As part of the collaboration, the companies evaluated the combination of AFM13 and AB-101 in various preclinical models and generated data that supports development of a co-administered combination therapy. The Affimed-Artiva partnership aims to expedite further development of the combination therapy in CD30-positive lymphoma patients who have exhausted other treatment options. The companies plan to file an IND for the program in relapsed/refractory CD30-positive lymphoma patients during the first half of 2023. Under the terms of the agreement, Affimed and Artiva will pursue the development of the AFM13/AB-101 combination treatment in the United States on a co-exclusive basis. Affimed will lead regulatory activities through Phase 2 and any confirmatory studies. Affimed will be responsible for funding clinical study costs through Phase 2, while Artiva will be responsible for the costs of supplying AB-101 and IL-2 for such studies. If accelerated approval is obtained, the companies will share confirmatory study costs on a 50/50 basis.
IGMS

Hot Stocks

09:26 EDT IGM Biosciences sees 2022 cash balance of over $410M - IGM is updating its financial guidance and expects to end 2022 with a balance of more than $410 million in cash and investments and full year GAAP operating expenses of $240 million to $245 million including estimated non-cash stock-based compensation expense of approximately $45 million. IGM estimates full year collaboration revenue of approximately $1 million related to the Sanofi agreement.
APLS

Hot Stocks

09:25 EDT Apellis to present long-term data on efficacy, safety profile of EMPAVELI - Apellis Pharmaceuticals announced that results from the long-term extension study of EMPAVELI in adults with paroxysmal nocturnal hemoglobinuria, PNH, will be presented at the American Society of Hematology, ASH, Annual Meeting being held Dec. 10-13 in New Orleans, Louisiana. The data show that EMPAVELI, the first and only targeted C3 therapy, demonstrated robust and sustained improvements in key markers of disease across a broad population of PNH patients for up to two years. The new results reinforce the positive efficacy and safety of EMPAVELI in both treatment-naive patients and patients who had previously been treated with eculizumab, a C5 inhibitor, across all five prior PNH clinical studies. After being treated with EMPAVELI for up to two years, mean hemoglobin was sustained at near-normal levels at 11.6 g/dl, 83% of patients were transfusion free, and 73% of patients had normalized levels of lactate dehydrogenase. Long-term safety data were consistent with previous clinical study results, with no thrombotic events or meningitis infections reported. The most common adverse events were hemolysis and injection site reactions.
STKH

Hot Stocks

09:24 EDT Steakholder Foods receives first registered trademark in Japan - Steakholder Foods has received a registered trademark in Japan. The move is a next step in the company's plans to penetrate the Japanese market and other markets in the region. Recently, Steakholder Foods started collaborating with Singaporean cultured seafood company, Umami Meats, to create 3D-printed structured seafood products which include a variety of seafood and fish species that are popular in Japan. The partnership with Umami Meats adds seafood and fish to the company's portfolio of bovine, avian and porcine products under development. Steakholder Foods' 3D-bioprinting technology can produce complex meat products at an industrial rate of production without impacting cell viability.
ORTX

Hot Stocks

09:24 EDT Orchard Therapeutics announces neurocognitive data from OTL-201 study - Orchard Therapeutics announced early clinical findings from its ongoing proof-of-concept study of investigational OTL-201 in MPS-IIIA will be featured in an oral presentation at the 64th American Society of Hematology Annual Meeting & Exposition, taking place December 10-13, 2022, in New Orleans. The oral presentation at ASH 2022 will showcase the first neurocognitive data for all patients and extend upon previously presented biochemical results, with a median follow-up of 1.5 years. Orchard is planning to host a virtual KOL investor webcast on Monday, December 12, 2022, at 5:00 p.m. EST to review the data presented at the meeting. A live webcast will be available under "Events" in the Investors & Media section of the company's website at www.orchard-tx.com and a replay of the webcast will be archived following the event. Five patients with MPS-IIIA, aged 6 to 24 months, were treated with OTL-201 as part of this ongoing proof-of-concept trial, sponsored by The University of Manchester, conducted at Royal Manchester Children's Hospital, and funded by Orchard Therapeutics. Primary study objectives include safety, tolerability and peripheral expression of SGSH activity in total leukocytes at 12 months. Secondary study objectives include overall survival and neurocognition as measured by the Bayley Scales of Infant and Toddler Development. Patients will be followed for a minimum of three years.
KPTI

Hot Stocks

09:23 EDT Karyopharm to present new selinexor data in myelofibrosis and myeloma - Karyopharm Therapeutics announced that two abstracts detailing new selinexor data have been selected for poster presentation at the 64th American Society of Hematology Annual Meeting and Exposition taking place December 10-13. The presentations include results from the Phase 1 open-label, dose-escalation study of selinexor in combination with ruxolitinib in patients with treatment-naive myelofibrosis and data from a subset analysis of the STOMP study in patients with triple-class refractory MM. 79% of efficacy evaluable patients demonstrated greater than or equal to35 % reduction in spleen volume at week 12 and 86% - 6 out of 7 - achieved SVR35 at week 24. Thirteen patients who had received at least 12 weeks of treatment experienced rapid improvements in their symptom scores, with 69% - 9 out of 13 - of efficacy evaluable patients having greater than or equal to50% reduction. The data observed across both the 40mg and 60mg assigned groups demonstrate a generally manageable side effect profile with no dose-limiting toxicities observed at either dose level in the Phase 1a dose escalation portion of the study. Updated data from this study, including results from additional patients, will be presented at the ASH meeting in December 2022.
DSX

Hot Stocks

09:23 EDT Diana Shipping announces delivery of Ultramax dry bulk vessel m/v DIS Phoenix - Diana Shipping announced that, through a separate wholly-owned subsidiary, it has taken delivery of the m/v DSI Phoenix, a 2017 built Ultramax dry bulk vessel of 60,456 dwt. The vessel is one of nine modern Ultramax dry bulk vessels that the Company entered into an agreement to purchase in August 2022. Including the newly delivered m/v DSI Phoenix, Diana Shipping Inc.'s fleet currently consists of 37 dry bulk vessels. The Company also expects to take delivery of 6 Ultramax dry bulk vessels in the fourth quarter of 2022. As of today, the combined carrying capacity of our fleet, excluding the 6 Ultramax dry bulk vessels not yet delivered, is approximately 4.6 million dwt with a weighted average age of 10.29 years.
NKLA

Hot Stocks

09:22 EDT Nikola appoints Michael Lohscheller as CEO, effective November 3 - In a regulatory filing, Nikola announced that on November 2, the board of directors of the company appointed Michael Lohscheller CEO in connection with Mark Russell's retirement from that position, in each case effective November 3, as opposed to the previously-announced effective date of January 1, 2023. Russell continues to serve as a member of the Board.
MGTA

Hot Stocks

09:22 EDT Magenta Therapeutics to present MGTA-117 data at 2022 ASH meeting - Magenta Therapeutics announced that it will make three presentations relating to its ongoing clinical trials at the 2022 American Society of Hematology Annual Meeting, to be held in New Orleans from December 10-13, 2022 and virtually. In addition, an academic collaborator will present data from a preclinical program from Magenta's research platform. "We have made significant progress in the MGTA-117 Phase 1/2 clinical trial and look forward to presenting clinical evidence at ASH that we believe supports proof-of-mechanism for MGTA-117. We are also very encouraged by the predictive value of our MGTA-117 preclinical modeling which has closely matched our pharmacokinetics and pharmacodynamics clinical experience in the early cohorts of the ongoing study. We expect these results will collectively inform the continued development of MGTA-117, our most advanced targeted antibody-drug conjugate, to enable more patients to benefit from stem cell transplant and gene therapies," said Jason Gardner, D.Phil., President and CEO, Magenta Therapeutics.
SMTI INFU

Hot Stocks

09:22 EDT Sanara MedTech, InfuSystem announce wound therapy partnership - Sanara MedTech (SMTI) and InfuSystem Holdings (INFU) announced the establishment of a partnership, SI Wound Care, focused on delivering a complete wound care solution targeted at improving patient outcomes, lowering the cost of care, and increasing patient and provider satisfaction. The partnership is expected to enable InfuSystem to offer innovative products including Cork Medical negative pressure wound therapy devices and supplies and Sanara's advanced wound care product line and associated services to new customers. Zach Fleming, Sanara's CEO, stated, "NPWT is a key technology offering in the wound care market that has benefitted millions of wound care patients. By pairing Sanara's product line and deep expertise in wound care with InfuSystem's existing NPWT business, including sales, distribution, clinical support, and revenue cycle capabilities, we hope to offer a compelling solution to a broader patient universe; offering significant value and improved outcomes for patients, providers, and payors.
RKLB MAXR

Hot Stocks

09:22 EDT Rocket Lab delivers final solar panels to Maxar for lunar space station - Rocket Lab (RKLB) has delivered the final solar panels to Maxar (MAXR) that will fly on the Power and Propulsion Element for NASA's Gateway lunar space station. SolAero Technologies Inc, a space solar power provider acquired by Rocket Lab, was awarded the contract in 2019 from Maxar to design and manufacture the solar panels that will supply nearly 70 kilowatts of electrical power to Gateway, an essential element of NASA's Artemis missions that will land the first woman and first person of color on the surface of the Moon.
PFE

Hot Stocks

09:21 EDT FDA grants Pfizer's elranatamab breakthrough therapy designation to treat RRMM - Pfizer announced its investigational cancer immunotherapy, elranatamab, received Breakthrough Therapy Designation from the U.S. Food and Drug Administration for the treatment of people with relapsed or refractory multiple myeloma, RRMM . Elranatamab is a B-cell maturation antigen -CD3-targeted bispecific antibody . "The FDA's Breakthrough Designation recognizes the potential of elranatamab as an innovative medicine for people with multiple myeloma whose disease has relapsed or is refractory to existing treatments, which at present leaves very few avenues for staving off this currently incurable cancer," said Chris Boshoff, M.D., Ph.D., Chief Development Officer, Oncology and Rare Disease, Pfizer Global Product Development. "This marks Pfizer's twelfth FDA Breakthrough Therapy Designation in Oncology, a testament to our relentless commitment to developing transformational cancer medicines in areas of high unmet need. We look forward to working with the FDA to accelerate the development of this therapy." The FDA's Breakthrough Therapy Designation is intended to expedite the development and review of a medicine that is intended to treat a serious or life-threatening disease and preliminary clinical evidence indicates the drug may demonstrate substantial improvement over existing therapies.1
NKLA

Hot Stocks

09:21 EDT Nikola appoints Michael Lohscheller as CEO, effective November 2 - In a regulatory filing, Nikola announced that on November 2, the board of directors of the company appointed Michael Lohscheller CEO in connection with Mark Russell's retirement from that position, in each case effective November 3, as opposed to the previously-announced effective date of January 1, 2023. Russell continues to serve as a member of the Board.
NDAQ

Hot Stocks

09:20 EDT Nasdaq's net-zero target approved by The Science Based Targets initiative - Nasdaq announced that its near- and long-term science-based emissions reduction targets have been approved by The Science Based Targets initiative. Nasdaq has pledged to reduce absolute Scope 1 and Scope 2 greenhouse gas emissions 100% and absolute Scope 3 GHG emissions 50% by 2030. SBTi has also validated Nasdaq's pledge to reduce Scope 3 GHG emissions 95% to reach net-zero by 2050. "Nasdaq's climate strategy seeks to reduce our carbon footprint and corresponding emissions and diversify our energy mix with a focus on prioritizing renewable energy sources," said Ann Dennison, Executive Vice President and Chief Financial Officer at Nasdaq. "We are encouraged by the early progress we have made toward our corporate sustainability goals and remain committed to increasing transparency with all our stakeholders through our robust ESG reporting as we continue on our journey to reach our 2030 and 2050 net-zero targets."
CNTA

Hot Stocks

09:20 EDT Centessa to present additional 18-months data from OLE of Phase 2a study - Centessa Pharmaceuticals announced that new data from an additional 18-months of continued treatment with SerpinPC from the open-label extension of AP-0101, a Phase 2a study of SerpinPC for the treatment of hemophilia, has been accepted for oral presentation at the 64th American Society of Hematology Annual Meeting, to be held in New Orleans, LA, from December 10 - 13, 2022. The ASH presentation will include efficacy, safety, and tolerability data from 18-months of continued treatment with a subcutaneous injection of SerpinPC, a novel inhibitor of activated protein C, at a flat dose of 60 mg once every 4 weeks for 48 weeks, followed by 1.2 mg/kg once every 2 weeks for 24 weeks, in subjects with hemophilia. The abstract accepted for oral presentation is detailed below and included in the online meeting program on the ASH Annual Meeting website. AP-0101 is a first-in-human open-label multicenter study to investigate the safety, tolerability, pharmacokinetics and efficacy of subcutaneous doses of SerpinPC in male participants with severe hemophilia. The Company previously announced the results for Parts 1 and 2 (six-month repeat dose) on September 9, 2021. Part 1 was a Single Ascending Dose Study completed in 15 healthy male subjects and in 12 male persons with hemophilia. All 12 PwH in Part 1b chose to participate in Part 2. Part 2 enrolled 23 male PwH who were not on replacement factor prophylaxis to receive SerpinPC at 0.3, 0.6 or 1.2 mg/kg, administered as a subcutaneous injection once every 4 weeks over a 24-week period. For the OLE, in Part 3, subjects who completed Part 2 received a flat dose of 60 mg of SerpinPC administered as a subcutaneous injection once every 4 weeks for 48 weeks. In Part 4, subjects who completed Part 3 received 1.2 mg/kg of SerpinPC administered as a subcutaneous injection once every 2 weeks for 24 weeks. The abstract to be presented at ASH will share results from the OLE with a follow-up of 48 and 24 weeks, respectively.
EEFT

Hot Stocks

09:20 EDT Euronet's Ria Money Transfer announces acquisition of Sikhona - Ria Money Transfer, a business segment of Euronet Worldwide, announced its acquisition of Sikhona Forex. The combination of Sikhona's digital capabilities in the African market and Ria's international digital and far-reaching physical network means faster, more affordable, and more robust cross-border money transfer services for customers throughout Africa. At the same time, Ria will add digital and physical presence in a major send and receive market with a license granted by the South Africa Reserve Bank. "Remittances are crucial for the wellbeing and security of people everywhere, and this acquisition will help us to better serve our African customers throughout the world who are supporting their families back home," underscored Juan Bianchi, CEO of Euronet's Money Transfer Segment. "We are committed to expanding our service in Africa and this investment in the South African market will help us strengthen our presence in the region for the benefit of our customers."
BEAM

Hot Stocks

09:20 EDT Beam Therapeutics to present ESCAPE approach data at ASH - Beam Therapeutics announced that new data supporting the advancement of its Engineered Stem Cell Antibody Paired Evasion conditioning approach will be presented during poster sessions at the 64th Annual American Society of Hematology Annual Meeting and Exposition. The meeting is being held December 10-13, 2022, in New Orleans. Beam is advancing ESCAPE as part of its long-term strategy to support broad accessibility of base editing treatments for patients with sickle cell disease and other hematologic diseases. The data to be presented at ASH expand upon data presented earlier this year for its ESCAPE-1 approach, which consists of multiplex base edited HSCs that include a therapeutic edit for SCD at the HGB1/2 gene designed to enable upregulation of fetal hemoglobin and an additional simultaneous edit at CD117. Findings showed that the edit-antibody pair targeting CD117, an optimal conditioning target for eliminating HSCs, led edited HSCs to function normally but escape the binding of the conditioning antibody. In addition, Beam will present work on ESCAPE-2, in which the company leveraged its initial ESCAPE work to screen guides that were compatible, in a multiplex-edited HSC, with a next-generation adenine base editor that could install the therapeutic HbG-Makassar edit. "Improving conditioning regimens for patients ahead of autologous transplant is a key focus for Beam as part of Wave 2 of our long-term strategy to bring best-in-class base editing treatments to people with SCD," said Giuseppe Ciaramella, Ph.D., president and chief scientific officer of Beam.
REAX

Hot Stocks

09:17 EDT The Real Brokerage Inc. acquires Redline Real Estate Group, terms undisclosed - The Real Brokerage Inc. announced that it has acquired, through a wholly owned subsidiary, all of the issued and outstanding common shares of Redline Real Estate Group pursuant to a share purchase agreement between the company, Redline BC and Redline Realty Investments. The acquisition, which includes Redline's real estate license to operate in British Columbia, will fuel the company's expansion into Canada's third largest province. Founded in 2005, Redline Realty has approximately 90 agents serving clients throughout the provinces of Alberta, Ontario and British Columbia. The acquisition follows Redline's move to The Real Brokerage network in October 2021, and underscores the success that Redline's agents have had under the Real umbrella, which provides agents with the technology, culture and financial incentives to realize their full potential.
IMMR

Hot Stocks

09:16 EDT Immersion renews multi-year license with with Nippon Seiki - Immersion announced that it renewed a multi-year license to Immersion's technology with Nippon Seiki a global supplier of control panels for home, office and factory appliances, for use in Nippon Seiki's line of printer and copier products, and has expanded its license with Immersion to cover Nippon Seiki's automotive products. "We are increasingly seeing more new car models adopting haptics across various interfaces throughout the cabin," said Nobumitsu Shimada, Representative Director, Japan and VP, APAC, Immersion. "We are pleased that Nippon Seiki has renewed its license with us and expanded its license of our patented technology to the automotive market. We are proud to count Nippon Seiki among our licensees in the automotive market."
RIOT

Hot Stocks

09:16 EDT Riot Blockchain reports October production, provides operations update - Riot Blockchain announces unaudited production and operations updates for October 2022. Bitcoin Production and Operations Updates for October 2022: Riot produced 509 BTC, an increase of approximately 10% as compared to October 2021 production of 464 BTC. Riot held approximately 6,825 BTC, all produced by the Company's self-mining operations, as of October 31, 2022. Riot sold 450 BTC, generating net proceeds of approximately $8.7 million. Riot had a deployed fleet of 65,516 miners, with a hash rate capacity of 6.9 exahash per second, as of October 31, 2022. "October marked another month of executional excellence for Riot," said Jason Les, CEO of Riot. "We continued to make significant progress on the expansion of our Rockdale Facility, where we recently completed Building G, Riot's second immersion-cooled building, rapidly deployed new miners in parallel with new infrastructure buildout, and broke ground on the first phase of development on our new Corsicana facility. This focus on solid execution of our growth plans has resulted in another record hash rate capacity this month, as we progress towards our goal of reaching 12.5 EH/s in the first quarter of 2023."
TW

Hot Stocks

09:16 EDT Tradeweb Markets reports total trading volume for October of $21.3T - Tradeweb Markets reported total trading volume for October of $21.3T. Average daily volume for the month was $1.05T, a decrease of 16.5% year-over-year.
GE

Hot Stocks

09:15 EDT GE: DATSCAN indication to include use in patients with suspected dementia - GE Healthcare's DaTscan has been approved by the U.S. Food and Drug Administration for use in patients with suspected Dementia with Lewy Bodies This new indication is in addition to its use with single photon emission computed tomography imaging to visualize dopamine transporters in the brains of adult patients with suspected Parkinsonian syndromes. With the expanded indication, DaTscan is now available to more patients, including those with suspected DLB, in the United States. The clinical signs and symptoms of DLB can be atypical and overlap with other forms of dementia, leading to up to 70% of patients with DLB being misdiagnosed, often as having Alzheimer's Diseaseii. This new indication enables clinicians to use DaTscan to help differentiate DLB from other forms of dementia. Early and accurate diagnosis of DLB can help ensure specific appropriate treatment and specialized care for patients, while enabling them and their caregivers to more effectively manage the disease and plan for the futureiii.
ROKU

Hot Stocks

09:15 EDT Roku CFO Steve Louden to step down in summer of 2023 - In an 8-K filing last night, Roku announced: "On October 31, 2022, Steve Louden, CFO, advised us that after helping us recruit and transition his role to a successor he plans to leave the company. We expect this transition to take place sometime in 2023, and will commence an executive search to identify Mr. Louden's successor."
BRLT

Hot Stocks

09:14 EDT Brilliant Earth continues 2022 retail expansion - Brilliant Earth Group announced the opening of its 23rd showroom in Palo Alto, California and 24th showroom in Baltimore, Maryland. Brilliant Earth's expansion of brick & mortar showrooms nationwide complements its innovative e-commerce platform, allowing customers to shop for Brilliant Earth's ethically sourced jewelry how and where they want, in-person or online.
DSGR

Hot Stocks

09:14 EDT Distribution Solutions increases share buyback program to $12.5M - The board of Distribution Solutions authorized an increase of the existing share buy-back program from $7.5M to $12.5M. During the quarter, the company repurchased approximately 54,000 shares of its common stock for an aggregate price of $1.9M which leaves $7.6M available under its expanded authorized share repurchase plan.
VICR

Hot Stocks

09:13 EDT Vicor announces U.S. Senator Market toured its ChiP fab - Vicor announces it hosted U.S. Senator Edward Markey as he toured the world's first ChiP fab at Federal Street in Andover, MA. Markey, an advocate for renewable energy and sustainable business practices, learned how Vicor is engaged in projects with the world's largest automotive companies as they pursue more efficient approaches to vehicle electrification. "Our new ChiP fab is a vertically integrated facility designed for high-density power modules," said Mike McNamara, Vicor Vice-president of Operations. "Our proprietary, semiconductor-like manufacturing processes enable us to produce power modules faster, with consistently superior quality, right here in Andover as we have done for 41 years."
CLSK

Hot Stocks

09:13 EDT CleanSpark reports 532 bitcoin mined in October - CleanSpark released its unaudited bitcoin mining and operations update for the calendar year-to-date ending October 31, 2022. "I'm excited to announce that phase two of our immersion-cooled mining campus in Norcross is now officially complete and hashing. The progress there has translated into another record-breaking month for us, mining a total of 532 bitcoin. And we've now seen a 20% increase in our hashrate two months in a row. As I've said many times before, these successes are made possible by the hard work of our teams who are absolutely dedicated to ensuring CleanSpark maintains its position as a top publicly traded mining company in North America," said Zach Bradford, Chief Executive Officer. Bitcoin Mining & Operations Update: Bitcoin mined in October: 532, up 19% from September 2022; Calendar year-to-date bitcoin mined: 3,622; Total BTC holdings as of October 31: 290; Total BTC converted for operations and growth in October: 836; Currently deployed fleet of about 54,000 latest-generation bitcoin miners with a hashrate of 5.1 EH/s as of October 31, up 23% from September 2022. The Company funded growth and operations through the sale of 836 bitcoins in October 2022 at an average of approximately $19,340 per BTC. Sales of BTC equated to proceeds of approximately $16.1 million. October daily BTC mined reached a high of 19.2.
TRUE

Hot Stocks

09:12 EDT TrueCar expands TrueCar+ marketplace to five additional states - TrueCar is expanding coverage of TrueCar+, its online car buying platform, into five new states-Alabama, Georgia, North Carolina, South Carolina and Tennessee. This expansion of the platform into the Southeast is part of the national roll out plan for TrueCar+, which was originally launched in Florida. In addition to launching in the new states, the company has added new capabilities to TrueCar+ including comprehensive finance and insurance and accessories menus, communication tools and nationwide delivery, among others.
ICU

Hot Stocks

09:11 EDT SeaStar Medical announces safety finding from study of SCD in children - SeaStar Medical Holding announced positive interim data in a poster presentation at the American Society of Nephrology Kidney Week 2022 taking place November 3-6, 2022 in Orlando, FL. The poster titled, Multi-Center Study to Assess the Safety of a Selective Cytopheretic Device for Treatment of Immunomodulatory Dysregulation due to AKI in Children greater than or equal to10 and less than or equal to20 kg: Report From the First 4 Patients, will be presented by Stuart Goldstein, MD, Director of the Center for Acute Care Nephrology at Cincinnati Children's Hospital as part of the session "AKI: Biomarkers, Risk Factors, Treatments, Outcomes" on Thursday, November 3, 2022 from 10:00 AM - 12:00 PM ET. The presented poster highlights preliminary findings from the Company's ongoing open-label clinical trial being conducted at five pediatric hospitals across the U.S. evaluating the SCD for the treatment of Immunomodulatory Dysregulation due to severe AKI. The study is evaluating children that weigh between greater than or equal to10 and less than or equal to 20kg, have a clinical diagnosis of AKI requiring CKRT and at least one non-renal organ failure. With these subjects the SCD was integrated post CKRT membrane, changed daily, and circuit ionized calcium maintained less than0.4 mmol/L. Subjects received SCD treatment for up to 10 days or CKRT discontinuation, whichever came first. Participants are followed through Day 60 post SCD initiation for mortality and dialysis dependence. Under the current study, six subjects have been treated with the SCD. Four subjects developed AKI in the presence of shock, and the other two subjects developed AKI in the setting of STEC Hemolytic Uremic Syndrome. All subjects ended SCD therapy before Day 10. Five of the subjects transitioned off CKRT for improvement in clinical status; Family chose to withdraw all care for subject on ECMO after 136 hours of SCD. Of the 660 hours of SCD treatment given, circuit iCa levels were less than or equal to0.4 mmol/L 95% of the time. Of the subjects that reached Day 60, 5 were still inpatient and dialysis independent and 1 subject deceased after SCD therapy had ended but before ICU discharge. An additional patient was enrolled but did not continue with SCD because their iCa was not in range due to citrate intolerance. To date, no SCD-related serious adverse events have been reported in pediatrics. Approximately 4,000 pediatric patients in the U.S. each year with AKI require CKRT and those patient profiles are associated with high morbidity and mortality. The mortality rate in children with AKI requiring CKRT is approximately 50 percent. Children who survive an AKI episode are at risk of long-term conditions, including chronic kidney disease. The SCD is currently being evaluated by the FDA for a Humanitarian Device Exemption marketing approval for use in children with AKI. The Company expects the FDA to complete a substantive review of its HDE application during the first quarter of 2023, with a potential commercial launch expected in the second quarter of 2023. Dr. Goldstein served as a consultant to SeaStar Medical in the preparation and submission of the HDE application.
IS

Hot Stocks

09:11 EDT ironSource enters partnership with Sensor Tower - ironSource announced its partnership with Sensor Tower. By combining the keyword intelligence of Sensor Tower from across the market, with the campaign management and optimization capabilities of ironSource Luna, the partnership will create one place for app marketers to scale Apple Search Ads campaigns to drive incremental growth. ironSource Luna is the first to market with such a partnership with Sensor Tower.
SABS

Hot Stocks

09:11 EDT SAB Biotherapeutics presents overview of DiversitAb platform, data - SAB Biotherapeutics announced that the Company presented an overview of its DiversitAb polyclonal platform and data on SAB-176 and SAB-185 showing the benefits of fully-human polyclonal antibodies derived from SAB's Transchromosomic Bovin over plasma derived antibodies from humans, at the 2022 Plasma Product Biotechnology Conference in Limassol, Cyprus, which concluded on Nov. 3. In a presentation titled, "Plasma fractionation and downstream processing of human polyclonal antibodies from the DiversitAb platform," Dr. Bausch presented an overview of SAB's novel immunotherapy platform utilizing a specialized manufacturing process to enable a scalable and reliable production of targeted, higher-potency neutralizing antibody products than has been previously possible.Titled "Phase 2 efficacy and safety of two novel SAB immunotherapies against respiratory disease indications associated with highly mutating viruses," Dr. Bausch's second presentation outlined data on SAB-185 for COVID-19 and SAB-176 for seasonal and pandemic influenza. The data show that SAB-185 and SAB-176 are highly effective against variants of several highly mutating viruses associated with the diseases, a major challenge in currently available treatments for COVID-19 and influenza.
BTBT BTC

Hot Stocks

09:11 EDT Bit Digital reports October bitcoin production up 8% sequentially - Bit Digital (BTBT) announced unaudited bitcoin (BTC) production and corporate updates for October. In October, the company earned 152.5 bitcoins, an 8% increase compared to the prior month. The increase was driven by a higher active hash rate and partially offset by an increase in the total bitcoin network hash rate. Treasury holdings of BTC and ETH were 980.0 and 6,868.3 with a fair market value of approximately $20.1M and $10.8M, respectively, on October 31. The company owned 38,593 bitcoin miners and 730 Ethereum miners as of October 31, 2022, with an estimated maximum total hash rate of 2.7 Exahash and 0.3 Terahash respectively. 38% of the company's bitcoin mining fleet, or 14,604 bitcoin miners representing 1.36 EH/s, was actively hashing in North America as of October 31.
IS SSNLF

Hot Stocks

09:10 EDT ironSource announces expansion of partnership with Samsung - ironSource (IS) announced the expansion of its partnership with Samsung (SSNLF), as it launches on mobile devices in the Middle East and North Africa. Aura, ironSource's solution suite for telecom operators and OEMs, is already integrated on Samsung mobile devices in more than 30 markets, including Europe, Russia, South East Asia and India, and ironSource will now be Samsung's sole partner on newly released A-series and M-series mobile devices in over 50 markets across MENA - strengthening Aura's footprint in the region.
LPLA

Hot Stocks

09:10 EDT LPL Financial: Legacy Financial team joins RIA, custodial platforms - LPL Financial announced that the team at Legacy Financial Advisors has joined LPL Financial's broker-dealer, RIA and custodial platforms, aligned with JFC Advisor Network. They reported having served approximately $120 million in advisory, brokerage and retirement assets*, and join LPL from Securities America, part of the Advisor Group network of broker-dealers.
GRFS

Hot Stocks

09:09 EDT Grifols receives FDA clearance for AlphaID At Home Genetic Health Risk Service - Grifols announced that its AlphaID At Home Genetic Health Risk Service, the first-ever free direct-to-consumer program in the U.S. to screen for genetic risk of alpha1-antitrypsin deficiency, has been cleared by the U.S. FDA.
LFST

Hot Stocks

09:08 EDT LifeStance appoints David Bourdon as CFO - LifeStance Health announced that effective November 10, J. Michael Bruff, currently CFO, will take on a new role as Business Transformation Officer. David Bourdon will join the company and succeed Bruff as CFO. Bourdon previously served as CFO of Magellan Health, a leader in mental health and pharmacy programs. Previously, he held multiple roles at Cigna, most recently as CFO of Cigna's U.S. and international healthcare business units with a portfolio representing over $45B in revenue.
BIGC CLCMF

Hot Stocks

09:08 EDT MessageMedia integrates into BigCommerce Platform - MessageMedia announced an Early Access Program to its direct integration with BigCommerce (BIG). The new MessageMedia SMS Marketing integration provides tens of thousands of BigCommerce merchants with an easy-to-use, full-featured turnkey messaging solution to better engage customers at key points in the buyer's journey and improve efficiency in the online buying process. MessageMedia is a wholly owned subsidiary of Sinch (CLCMF).
CCL

Hot Stocks

09:06 EDT Carnival says Arnold Donald to step down from board of directors - Carnival announced that Arnold Donald, its former President and CEO, is stepping down from the Boards of Directors of Carnival Corporation & plc after more than two decades of service. Donald's resignation is effective November 30. Donald has agreed to continue to provide counsel and advice to the company and its Boards through a consulting agreement.
BCAN

Hot Stocks

09:06 EDT BYND Cannasoft provides update on patent application for EZ-G device - BYND Cannasoft Enterprises announced that as part of the PCT patent application process for the EZ-G device, an International Searching Authority examiner has provided a preliminary, non-binding opinion that one of the inventions comprising the EZ-G device is novel and inventive. BYND Cannasoft can now accelerate the examination of its present application in some jurisdictions, such as the US and Israel, as part of a PCT-PPH program. Although non-binding, the positive opinion of the ISA examiner provides greater comfort of the patent application proceeding through the examination procedure without objections being raised as to a substantive lack of patentability. The EZ-G device is a unique, patent-pending device that, combined with proprietary software , regulates the flow of low-concentration CBD oils into the soft tissues of the female reproductive system. According to research conducted across the globe, treatment with low-concentration CBD oils can relieve candida, dryness, scars, and many other female health issues. In September, BYND Cannasoft completed its acquisition of Zigi Carmel Initiatives & Investments Ltd., which holds the intellectual property for the patent-pending EZ-G device. At that time, BYND Cannasoft announced plans to pursue the patent and establish a marketing and sales system for the EZ-G device based on B2B and B2C sales.
MGTA

Hot Stocks

09:05 EDT Magenta Therapeutics expects cash to fund operations into Q2 of 2024 - Cash, cash equivalents and marketable securities as of September 30, 2022, were $128.3 million, compared to $176.9 million as of December 31, 2021. The September cash balance includes gross proceeds of $3.0 million from our "at-the-market" facility. Magenta anticipates that its cash, cash equivalents and marketable securities will be sufficient to fund its current operational plan into Q2 2024.
NBIX

Hot Stocks

09:05 EDT Neurocrine presents data on Ingrezza capsule performance - Neurocrine will present data from a study on Ingezza capsules evaluating in vitro dissolution performance of whole intact or crushed capsule contents in 40 mg and 80 mg strength. The data demonstrated that crushing the capsule contents of Ingrezza did not impact the dissolution performance in vitro. Additionally, very rapid and complete drug release was observed in all samples, independent of capsule strength or preparation. Neurocrine Biosciences will also present data on the long-term use of valbenazine for tardive dyskinesia in elderly patients .
MGTA

Hot Stocks

09:05 EDT Magenta Therapeutics to present data at 2022 ASH meeting - Magenta Therapeutics announced that it will make three presentations relating to its ongoing clinical trials at the 2022 American Society of Hematology Annual Meeting, to be held in New Orleans from December 10-13, 2022 and virtually. In addition, an academic collaborator will present data from a preclinical program from Magenta's research platform. "We have made significant progress in the MGTA-117 Phase 1/2 clinical trial and look forward to presenting clinical evidence at ASH that we believe supports proof-of-mechanism for MGTA-117. We are also very encouraged by the predictive value of our MGTA-117 preclinical modeling which has closely matched our pharmacokinetics and pharmacodynamics clinical experience in the early cohorts of the ongoing study. We expect these results will collectively inform the continued development of MGTA-117, our most advanced targeted antibody-drug conjugate, to enable more patients to benefit from stem cell transplant and gene therapies," said Jason Gardner, D.Phil., President and Chief Executive Officer, Magenta Therapeutics.
NURO

Hot Stocks

09:04 EDT NeuroMetrix announces strategic launch of Quell Fibromyalgia - NeuroMetrix announced the strategic launch of its Quell Fibromyalgia device through the Pathfinder Program. Quell Fibromyalgia is the first and only medical device authorized by the U.S. Food and Drug Administration to help reduce the symptoms of fibromyalgia. The Pathfinder Program is designed to validate and further refine the commercial process for Quell Fibromyalgia in anticipation of a full commercial launch in Q2 of 2023. Pathfinder starts on December 1, 2022 and will be limited to 25 key-opinion leaders in fibromyalgia practice across the United States. The guidance of these key physicians will be significant to the Company's ability to effectively communicate the benefits of Quell to patients and healthcare professionals.
NKLA

Hot Stocks

09:04 EDT Nikola expects to complete 17 beta trucks for the full year by the end of Q4 - The company said, "During the third quarter, we continued our FCEV pilot with TTSI and began pilot testing with Walmart. To date the trucks have logged over 9,700 and 5,500 miles respectively. In Q3 we completed six beta trucks. Development testing on the beta trucks has begun at various locations. We expect to complete 17 beta trucks for the full year by the end of Q4. During the third quarter, we produced 75 Nikola Tre BEVs delivering 63 of those to dealers. We began pilot testing with both SAIA and Walmart logging over 1,600 miles and 2,700 miles to date, respectively. On November 2, we announced Zeem Solutions executed a Purchase Order for 100 Nikola Tre BEVs. In Coolidge, we are currently producing three trucks on one shift and have the capability to produce five trucks per shift. We remain on track to complete the Phase 2 assembly expansion by the end of Q1 2023, at which time our production capacity will be up to 20,000 units per year. Upon completion of Phase 2, the facility will be capable of producing the BEV and FCEV on the same line, in addition to the Bosch Fuel Cell Power Module."
MFA

Hot Stocks

09:04 EDT MFA Financial reports book value $15.31 as of September 30 -
ORIC

Hot Stocks

09:03 EDT Oric Pharmaceuticals presents preclinical data on CD73 inhibitor program - ORIC Pharmaceuticals announced a preclinical poster presentation on ORIC-533 at the 64th American Society of Hematology Annual Meeting to be held December 10-13, 2022, in New Orleans, LA. Key points of the abstract include: ORIC-533 continues to demonstrate a best-in-class CD73 inhibitor profile in preclinical analyses. In autologous ex vivo assays using bone marrow aspirates from patients with relapsed refractory multiple myeloma, ORIC-533 overcame immune suppression and triggered significant lysis of multiple myeloma cells across all dose levels tested and in a dose-responsive manner. Lysis of multiple myeloma cells in autologous relapsed refractory multiple myeloma assays correlated with significantly reduced CD73 activity, providing the mechanistic link between ORIC-533 and reduced adenosine production. Together these data confirm that CD73 inhibition with ORIC-533 can potently reduce adenosine generation, overcome immune suppression and restore lysis of multiple myeloma cells as a single agent and therefore holds potential as a treatment for patients with multiple myeloma.
MFA

Hot Stocks

09:02 EDT MFA Financial reports book balue $15.31 as of September 30
MFA

Hot Stocks

09:02 EDT MFA Financial reports book balue $15.31 as of September 30
FAT

Hot Stocks

09:01 EDT Fat Brands enters development deal to open 80 franchised locations - FAT Brands Inc., parent company of Round Table Pizza, Fatburger, Buffalo's Express and 14 other restaurant concepts, announces a new development deal to open 80 new franchised locations in the state of Texas. In partnership with Brame Holdings LLC, 40 Round Table Pizza restaurants and 40 co-branded Fatburger and Buffalo's Express locations will open over the next 10 years with the first units slated to open in 2023.
IDR

Hot Stocks

08:59 EDT Idaho Strategic completes 2022 Diamond Creek Rare Earth Elements project - Idaho Strategic Resources announces the conclusion of its first-phase exploratory drilling on its Diamond Creek Rare Earth Elements Project; after a two-month delay of the program due to the Moose Fire. IDR completed twelve drillholes from five different pads for a total of 1,200 meters. The following is a letter to shareholders from Idaho Strategic's VP of Exploration, Rob Morgan. "I am extremely optimistic about our progress so far. As I reflect on our first full field season in central Idaho, we not only completed our first drill program at Diamond Creek we also continued sampling and mapping both the Roberts area and parts of Lemhi Pass... It is apparent from looking at the core, that we had a successful test with this drill program at Diamond Creek. One drill hole completed on the Lucky Gem drill pad successfully center-punched the zone and intercepted 46 meters of brilliantly colored REE mineralization. In addition to nice concentrations of REE's, we also noted areas with higher readings of Niobium and Titanium. We are still working on what this might mean economically if it holds true with assay results."
PRKR

Hot Stocks

08:59 EDT ParkerVision secures patent license agreement with Hisense - ParkerVision announced today that it has successfully resolved its patent infringement litigation against Chinese Hisense International on mutually-agreeable and confidential terms including a license covering certain patents. In conjunction with this agreement, ParkerVision will file a motion to dismiss its patent infringement proceedings against Hisense in the Western District of Texas and Hisense will withdraw from the pending IPR proceedings against ParkerVision. ParkerVision initiated a patent infringement action against Hisense in the Western District of Texas in September 2020, with a second action filed in June 2021. The infringement action related to Hisense's use of WiFi chips in certain of its products. ParkerVision has additional patent infringement actions currently ongoing in the Western District of Texas including cases against Intel, TCL and LG.
KULR

Hot Stocks

08:57 EDT KULR Technology to host G-27 lithium battery packaging performance committee - KULR Technology announced that it is hosting a meeting of the Society of Aerospace Engineers, SAE, G-27 Lithium Battery Packaging Performance Committee in San Diego next week. The SAE meeting will focus on ways to update, develop and maintain lithium-ion battery package standards to permit safe transport via aircraft and accelerate the electrification movement. KULR will showcase its suite of battery safety solutions, including SafeCase, its reusable, safe, and high-energy battery transportation and storage solution that addresses the current aviation regulations on the transport of lithium-ion batteries.
ORBT

Hot Stocks

08:55 EDT Orbit International reports bookings in excess of $5M in October - Orbit International announced that consolidated bookings for the month of October 2022 were in excess of $5,000,000. Deliveries for some of these orders have already commenced and are expected to continue through the fourth quarter of 2023. Mitchell Binder, President and CEO of Orbit International commented, "We are pleased to report that our consolidated bookings for the month of October were in excess of $5,000,000, representing our strongest booking month of 2022. Our Electronics Group bookings were approximately $3,100,000 and were highlighted by two orders previously announced by our Q-Vio subsidiary. These orders, totaling in excess of $2,350,000, are for displays used on a major U.S. Army program. Our OEG bookings also include approximately $400,000 in orders received by our Simulator Product Solutions subsidiary. Bookings from our Power Group totaling in excess of $1,900,000, were the highest amount received in 2022 and were highlighted by (i) approximately $775,000 for a COTS power supply used for a major armament system; (ii) approximately $300,000 for production units used for oil and gas exploration; and (iii) approximately $325,000 for a follow-on order for COTS power supplies used on a major missile defense system. In addition, we have been working on a significant follow-on order with a customer utilizing our VPX power supply. However, although we expected to receive this award in 2022, it now appears this contract will not be received until at some point in 2023. Despite the strong month of bookings for both our operating groups, in addition to the aforementioned VPX opportunity, as previously reported both our OEG and OPG are experiencing continued delays in the awards of contracts on key programs. Several factors are causing delays on these awards, which are coming from the Department of Defense, including work restrictions related to the pandemic, a shifting of prioritization of certain contract awards from the DoD, funding delays due to increased prices and other timing issues. It should be noted that timing uncertainty in the receipt of contracts from our prime contractors doing business with the U.S government is an inherent factor in our industry. As in the past, although timing remains an uncertainty, we expect these contract awards to eventually be received, although some of these awards that were expected during the current year may be delayed until 2023."
RSLS

Hot Stocks

08:53 EDT ReShape Lifesciences presents data from DBSN device at ObesityWeek - ReShape Lifesciences announced the presentation of data on its proprietary Diabetes Bloc-Stim Neuromodulation, DBSN, device in an abstract at the Obesity Society Annual Meeting, during the ObesityWeek conference being held in San Diego, CA, November 1 - 4, 2022, with continued virtual access through December 31, 2022. "Despite medication, surgery and diet, type 2 diabetes remains challenging to effectively treat," stated Jonathan Waataja, Director of Research at ReShape Lifesciences. "Encouragingly, the company's technology has demonstrated both safety and efficacy in a swine model of type 2 diabetes, showing that bioelectronic modulation of nerves innervating organs that regulate plasma glucose, utilizing our proprietary DBSN device, may be a novel treatment option for type 2 diabetes."
PHUN

Hot Stocks

08:52 EDT LYTE by Phunware waving its build fee for November - LYTE by Phunware announced the launch of its "No Build Fee" Black Friday Sale, which will run the entire month of November. During November, the company is waiving its standard $100 flat build fee for any purchase of a pre-built or custom PC. "At LYTE by Phunware, we know the way to a gamer's heart, especially during the holiday season, is through a next-level PC," said Caleb Borgstrom, GM of gaming at LYTE by Phunware. "That is why -- for the entire month of November -- we are making it more affordable than ever to make their holiday wishes come true this season."
XENE

Hot Stocks

08:51 EDT Xenon Pharmaceuticals announces launch of XEN1101 Phase 3 program - Xenon Pharmaceuticals announced the launch of its XEN1101 Phase 3 program with the initiation of the X-TOLE2 clinical trial, which will examine XEN1101 administered as an adjunctive treatment for adult patients with focal epilepsy. Ian Mortimer, Xenon's President and Chief Executive Officer, stated, "We are thrilled to announce the launch of our XEN1101 Phase 3 program with the initiation of our X-TOLE2 clinical trial. We have ambitious clinical development plans for XEN1101, including our X-TOLE2 and X-TOLE3 clinical trials in focal onset seizures, as well as our Phase 3 X-ACKT clinical trial in primary generalized tonic clonic seizures. We continue to hear from key opinion leaders and prescribing physicians that novel mechanisms are needed to provide new therapeutic options that are clearly differentiated from the anti-seizure medications currently available. Backed by a strong scientific rationale and compelling Phase 2b clinical data, we are focused on advancing XEN1101 through its late-stage clinical development towards commercialization, with the goal of providing new therapies for epilepsy patients in need."
AGTC

Hot Stocks

08:51 EDT Applied Genetic reminds shareholders to tender their shares - Applied Genetic Technologies President and Chief Executive Officer, Sue Washer, sent the following letter to shareholders: On October 23, 2022, we announced that AGTC entered into a definitive agreement, pursuant to which a portfolio company of Syncona Limited has commenced a tender offer to purchase all of the outstanding shares of common stock of AGTC. Syncona is a leading, well-financed healthcare company focused on founding, building, and funding global leaders in life science, with a successful track record in building ophthalmology gene therapy businesses. pon closing, each stockholder will receive $0.34 per share in cash and a right to receive additional cash payments of up to a maximum of $0.73 per share based on the achievement of certain milestones. The total potential payment represents a premium of up to approximately 344% over the closing share price immediately prior to the transaction announcement and a premium of approximately 268% over the 30-day volume weighted average closing price per share of AGTC's common stock. I am writing today urging you to tender your shares of AGTC common stock in the tender offer. Our board of directors unanimously voted in favor of this acquisition and unanimously recommends that all AGTC stockholders tender their shares. The board believes the transaction represents an attractive offer that is in the best interests of AGTC's stockholders. Should the majority of outstanding shares not be tendered, the Company will have no alternative but to pursue bankruptcy with no certainty of value for stockholders. Our management team and board aggressively pursued alternative opportunities. However, after considering our limited financial resources and the current state of the equity and other funding markets, our board determined that this transaction would maximize stockholder value and enable the continued advancement of our XLRP clinical program, with the potential for additional cash payments to stockholders if the defined milestones are met. We believe this deal delivers the best value to our stockholders. You should have recently received materials relating to the tender offer (by mail or electronic delivery), including (i) a copy of AGTC's Solicitation/Recommendation Statement on Schedule 14D-9, (ii) Syncona's offer to purchase, dated October 26, 2022, which sets forth the terms and conditions of the tender offer, and (iii) instructions as to how to tender your shares of AGTC common stock in the tender offer. We urge you to read these materials carefully. The tender offer is currently scheduled to expire at 5:00 p.m. Eastern Time on Monday, November 28, 2022."
CRAI

Hot Stocks

08:50 EDT CRA International raises dividend to 36 from 31c - On November 3 , CRA announced that it increased its quarterly cash dividend by 16% from $0.31 to $0.36 per common share. The dividend will be payable on December 9, 2022 to shareholders of record as of November 29, 2022. CRA expects to continue paying quarterly dividends, the declaration, timing and amounts of which remain subject to the discretion of CRA's Board of Directors.
NVTS

Hot Stocks

08:50 EDT Navitas Semiconductor, VREMT to open joint R&D Lab - Navitas Semiconductor and VREMT, announced the opening of an advanced, joint R&D power semiconductor laboratory to accelerate EV power-system developments using Navitas' GaNFast power ICs and GeneSiC power MOSFETs and diodes. GaN and SiC are 'wide bandgap' power semiconductors that deliver higher efficiency at faster switching speeds, with smaller system size and lower costs than legacy silicon chips. These advances will enable EV power conversion systems to deliver faster-charging, faster-acceleration, longer-range and lower-cost EVs which will accelerate our planet's transition from fossil-fuel to clean-air vehicles. The lab will host highly skilled Navitas engineers, working with advanced power system design tools and in close partnership with VREMT system design teams. The joint R&D lab will be further supported by Navitas' own unique EV System Design Center, located in Shanghai. The Design Center assists customers to maximize GaN and SiC performance advantages, including high-frequency magnetics design plus advanced packaging and modules to create higher power density, higher efficiency, and lower system cost power electronics systems for EVs.
SURG

Hot Stocks

08:48 EDT SurgePays announces application for dual listing on Upstream - SurgePays announced that it has begun the application process to dual list its shares of common stock on Upstream, the revolutionary trading app for digital securities and NFTs powered by Horizon Fintex and MERJ Exchange. The planned dual listing on Upstream is designed to provide SurgePays the opportunity to access a global, digital-first investor base that can trade using USDC digital currency along with credit, debit, PayPal, and USD, unlocking liquidity and enhancing price discovery while giving international investors the opportunity to invest in a NASDAQ-listed company. Commenting on the application to list on Upstream, Brian Cox, Chairman and Chief Executive Officer of SurgePays, said, "We believe a dual listing on Upstream provides our company access to the global capital markets and the technology to reach countless potential new investors. In addition, as an advocate of the underbanked and underserved, the Upstream platform opens up the world of digital assets to those without bank accounts, brokerage accounts or credit cards. We have an exciting story to tell and believe this listing provides an even greater audience to learn about our growth potential."
IMAC

Hot Stocks

08:48 EDT IMAC launches ecommerce website for vitamin, supplement line - IMAC Holdings announces it has launched an e-commerce platform to retail its vitamin and supplement products to consumers nationwide. IMAC recently launched Vita Eternum, an organic, whole-food supplement line using a "seed to bottle" manufacturing process which can now be purchased online at www.vitaeternum.com. The Vita Eternum vitamin and supplement product line includes USDA certified organic Sleep and Stress ashwagandha, Women's Multivitamin, and Men's Multivitamin as well as an unflavored Multi Collagen Protein and Back Multivitamin. The Vita Eternum products retail between $29 and $49 per unit.
SCYX

Hot Stocks

08:47 EDT Scynexis announces publication of analysis of two studies on ibrexafungerp - SCYNEXIS announced the peer-reviewed publication of positive results from a pooled analysis of two Phase 3 studies in the Journal of Women's Health. VANISH-303 and VANISH-306 were Phase 3 randomized, multi-center, double-blind, placebo-controlled studies that evaluated the efficacy and safety of oral ibrexafungerp compared to placebo for the treatment of acute VVC in females over the age of 12. Key publication highlights: In the pooled analysis, ibrexafungerp demonstrated statistical superiority over placebo in all efficacy endpoints. Patients receiving ibrexafungerp experienced significantly higher rates at the test-of-cure visit compared to placebo in: Clinical cure; clinical improvement; Complete symptom resolution at the follow-up visit; Mycological cure. Patients receiving ibrexafungerp who had severe VVC experienced a clinical cure rate similar to the overall population, and clinical cure rates remained unchanged with increasing VSS severity score. Ibrexafungerp was well-tolerated in the pooled analysis. Adverse events were primarily gastrointestinal in nature and mild in severity. The VANISH development program's two pivotal Phase 3 superiority studies, VANISH-303 and VANISH-306, supported the U.S. Food and Drug Administration's June 2021 approval of BREXAFEMME as a treatment for vulvovaginal candidiasis.
PTON

Hot Stocks

08:47 EDT Peloton sees revenue for the year to resemble seasonality of FY22 - Not providing specific revenue or subscriber guidance for the FY.
SGHT

Hot Stocks

08:47 EDT Sight Sciences announces publication of clinical data on OMNI system - Sight Sciences announced International Ophthalmology has published clinical data demonstrating the safety and effectiveness of the OMNI Surgical System as a minimally invasive, implant-free standalone glaucoma procedure for pseudophakic glaucoma patients with a history of trabecular microbypass stent implantation whose pressure is no longer controlled by the bypass stent and IOP-lowering medications. The OMNI Surgical System is an implant-free procedure that uniquely addresses all three known points of resistance in the aqueous outflow system: the trabecular meshwork, Schlemm's canal, and the collector channels. Because it offers a comprehensive mechanism of action through sequential canaloplasty and trabeculotomy, OMNI surgeons can successfully intervene in the same conventional outflow pathway anatomy when trabecular bypass implants and medications are no longer able to control IOP.
ZIMV

Hot Stocks

08:45 EDT ZimVie launches TSX Implant in the U.S. - ZimVie announced the launch of the TSX Implant in the United States, the latest innovation in the company's platform of surgical, restorative, and digital dentistry solutions. TSX Implants are designed for immediate extraction and loading protocols as well as placement predictability and primary stability in soft and dense bone. The TSX Implant incorporates features with more than two decades of real-world, clinical data to deliver peri-implant health, crestal bone maintenance, long-term osseointegration, and prosthetic stability.1-8, 11-13* Integrated with ZimVie's end-to-end digital workflows and engineered with surgical and restorative versatility, the TSX Implant furthers ZimVie's commitment to simplify procedures and optimize practice protocols.
NTWK

Hot Stocks

08:45 EDT NetSol Technologies retains IMS Investor Relations - NETSOL Technologies announced the retention of IMS Investor Relations. IMS will provide capital markets consulting, corporate communications and strategic investor outreach.
HUDI

Hot Stocks

08:44 EDT Huadi International announces strategic plan to enter energy industry - Huadi International Group announced its strategic plan to enter into clean energy industry. The Company has initiated discussion with a local government in Sichuan province, China and plans to invest and construct local production base for anode materials, which are core to the development of clean energy batteries and storage technologies. HUDI's management and the local officials held discussions during several virtual conferences on clean energy development. Among the discussion were the potential investment, product range, technology application, anticipated operational scale and performance of the clean energy initiative proposed by HUDI. Field trips have been scheduled by the local officials to perform due diligence after reviewing and confirming the Company's strategic planning for the new energy business. The Company's strategic plan is aimed to mobilize Sichuan local economic development and improve environment sustainability.
GP

Hot Stocks

08:44 EDT GreenPower Motor deploys first electric Type A school bus in West Virginia - GreenPower Motor Company announced the deployment of the first purpose-built Type A, all-electric, zero-emission, ADA-compliant school bus in Clay County, making this a first in the United States. The Nano BEAST will make its first school run on Friday, November 4 at 6:00 am.
CSCW ADD

Hot Stocks

08:43 EDT Color Star Technology changes ticker symbol to "ADD" - Color Star Technology is changing its NASDAQ ticker symbol to "ADD". The company will increase its efforts in artificial intelligence, metaverse and mobile communications segments, and also commence its offline entertainment business as the global environment continues to recover in order. The company's ColorWorld Metaverse platform has become a metaverse social platform with over one million registered users worldwide. The mobile communications segment of Color Star has become another major business focus of the company. The DONOphone metaverse smartphone, which is jointly created with an international company, has been launched. The offline entertainment business, including large-scale exhibitions, celebrity performances and ticket sales, will also become a focus of the company. Color Star will produce various cultural events.
PTON

Hot Stocks

08:43 EDT Peloton sees Row inventory constrainted for this FY - Peloton is working to address inventory issues for the Row, says CEO McCarthy.
HMBL

Hot Stocks

08:43 EDT HUMBL acquires BM Authentics for 90M shares, $110,000 in cash - HUMBL, Inc. announced the acquisition of BM Authentics, a trusted provider of sports merchandise and memorabilia headquartered in Chicago, Illinois. BM Authentics works with clients such as professional athletes, brands, representation and marketing agencies, to provide sports merchandise ranging from autographed jerseys, bats, balls, helmets, photos and more. BM Authentics merchandise will be made available on the HUMBL platform and will be verified, registered and cataloged on blockchain. This will include Certificates of Authenticity, along with cataloging on the BLOCKS Registry, a decentralized global database that can be used for the lifetime tracking of collectible merchandise. The HUMBL Wallet will hold and validate the Certificates of Authenticity, thus providing an additional layer of security with consumer and brand protection over the life of the physical asset or digital collectibles. The purchase price for the transaction was 90,000,000 shares of HUMBL common stock and $110,000 in cash. Brian Foote recently retired 450,000,000 common shares on September 21, 2022 to ensure such a transaction would result in no additional dilution to shareholders.
PTON

Hot Stocks

08:42 EDT Peloton 'hasn't quite figured out how to market' Guide effectively, says CEO - Says Guide is "doing okay, but not doing nearly as well as you would think it would do based on metrics."
TMBR

Hot Stocks

08:41 EDT Timber Pharmaceuticals announces halt of common stock trading - Timber Pharmaceuticals announced that trading of its shares of common stock has been halted by the New York Stock Exchange due to the low trading price of the Company's shares of common stock on November 1, 2022. The Company expects the trading halt to remain in effect until after Timber's Special Meeting of Stockholders scheduled for November 7, 2022, at which the Company is seeking stockholder approval to complete a reverse stock split in order to regain compliance with NYSE's listing requirements, and consummation of such reverse stock split based on the parameters being voted on at such meeting. Subject to NYSE approval, it is anticipated that trading will resume on the NYSE American following the implementation of the reverse stock split. Although not anticipated by the Company, the Exchange could maintain the trading halt. The Exchange could also suspend trading and move to delist the Company's common stock if the price per share post-split does not meet the requirements of Section 1003(f)(v) of the NYSE American Company Guide. John Koconis, Chairman and Chief Executive Officer of Timber, commented, "We expect this trading halt will remain in effect until shortly after the special meeting of stockholders that will take place on November 7th at 1:00 P.M. and consummation of a reverse stock split consistent with the parameters being voted on at that meeting. Timber's board of directors and management continue to believe in the strength of its clinical development programs including Timber's lead asset, TMB-001, which is in development for the treatment of autosomal recessive congenital ichthyosis and has been awarded Breakthrough and Fast Track designation by the U.S. Food & Drug Administration. These designations will continue to benefit us as we advance through the ongoing pivotal Phase 3 ASCEND trial. Congenital ichthyosis is a painful chronic disease with no approved treatments and Timber is working hard to fulfill the promise of TMB-001 for the many patients in need of an effective treatment."
PTON

Hot Stocks

08:41 EDT Peloton chasing 100M digital app users, says CEO
PTON

Hot Stocks

08:41 EDT Peloton to relaunch digital app in the new year, says CEO - CEO McCarthy says there will be a tiered pricing associated with the new content strategy.
ZPTAF

Hot Stocks

08:41 EDT Surge Energy announces upsizing of equity financing - Surge Energy agreed with the syndicate of underwriters led by National Bank Financial Inc. and Peters & Co. Limited to increase the size of its previously announced bought-deal financing. Surge will now issue 7,568,000 common shares at a price of $9.25 per Common Share to raise aggregate gross proceeds of $70,004,000 pursuant to the Offering. The underwriters will have an option to purchase up to an additional 15% of the Common Shares issued under the Offering at a price of $9.25 per Common Share to cover over allotments exercisable in whole or in part at any time until 30 days after the closing of the Offering. The maximum gross proceeds that could be raised under the Offering is $80,504,600 should the over-allotment option be exercised in full.
EMOTF

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08:40 EDT Emerita Resources reports results from drilling at Romanera deposit - Emerita Resources is pleased to announce additional assay results from the 2022 delineation drilling at the La Romanera Deposit at its wholly owned Iberian Belt West project. IBW hosts three previously identified massive sulphide deposits: La Infanta, La Romanera and El Cura. All deposits are open for expansion along strike and at depth. Presently, there are 13 rigs on La Romanera deposit delineation and 1 rig continues to drill at La Infanta. Six drilling companies are engaged in the program. The most recent drill rig is capable of drilling shallower angle drill holes and will accelerate drilling of some of the thicker, higher base metal grade sections of the deposit, based on the historical intercepts. This area of the deposit was not systematically assayed for gold by previous operators. According to Joaquin Merino, P.Geo., President of Emerita, "The upper central area of the deposit is expected to contain a significant proportion of the historical resource, based on the base metal grades and thickness of the sulphide intervals in the historical drill holes. We are interested to see what the gold values are in this section of the deposit. In addition, we expect to commence drilling the El Cura deposit with two drills after December 1, 2022 which is after the hunting season in the area. El Cura is situated between La Romanera and La Infanta deposits." Additional assay results for the following six drillholes are reported as follows: Holes LR025, LR026 and LR033 are located at the western side of the deposit at various elevations. Holes LR032 and LR006B are in the central part of the deposit and hole LR030 on the eastern side. Drillhole LR025 intercepted only the Lower Lens mineralization from 184.2 m and encountered 11.2 m of massive sulphide mineralization grading 0.4 % Cu; 1.5 % Pb; 4.2 % Zn; 0.8 g/t Au and 60.8 g/t Ag, including 2.8 m grading 0.3 % Cu; 3.8 % Pb; 12.2 % Zn; 1.72 g/t Au and 131.9 g/t Ag. Drillhole LR026 intercepted massive sulphide in the Upper Lens over 16.9m which in this hole comprises mostly pyrite with no significant values of base or precious metals. The Lower Lens occurs 19.5m below the Upper Lens and consists in 16.3 m grading 0.4 % Cu; 0.2 % Pb; 0.4 % Zn; 0.7 g/t Au and 16.0 g/t Ag, including 2.8 m grading 0.6 % Cu; 0.2 % Pb; 0.0 % Zn; 2.0 g/t Au and 38.6 g/t Ag. Drillhole LR033 was drilled into the central-west part of the deposit and intercepted the two lenses of massive sulphides. The Upper Lens occurs from 326.2 m and has 1.9 m grading 0.5 % Cu; 1.5 % Pb; 1.3 % Zn; 1.2 g/t Au and 83.8 g/t Ag. The interval between the Upper and Lower Lenses is 20.1 m. The Lower Lens consists of 1.2 m of low-grade massive sulphides. Drillhole LR032 targeted a zone 250 m below surface in the central part of the deposit. It encountered two lenses of massive sulphides. The Upper Lens occurs from 328.3 m and comprises 4.6 m grading 1.5 % Cu; 0.1 % Pb; 0.0 % Zn; 0.5 g/t Au and 39.1 g/t Ag. The interval between the two lenses is 27.4 m. The Lower Lens consists of 7.5 m grading 0.2 % Cu; 0.7 % Pb; 1.0 % Zn; 1.8 g/t Au and 43.8 g/t Ag, including 2.9 m grading 0.3 % Cu; 0.8 % Pb; 0.9 % Zn; 3.51 g/t Au and 65.9 g/t Ag. Drillhole LR006B intercepted the Upper Lens from 472.7 m where it is only 0.5 m thick grading 0.4 % Cu; 1.4 % Pb; 2.2 % Zn; 1.3 g/t Au and 92.0 g/t Ag. The Lower Lens was intercepted 5.5m below and is also characterized by massive sulphide mineralization. The Lower Lens intercept consists of 40.7 m grading 0.3 % Cu; 0.7 % Pb; 0.5 % Zn; 1.6 g/t Au and 32.3 g/t Ag, including 4.8 m grading 0.2 % Cu; 1.3 % Pb; 1.8 % Zn; 4.2 g/t Au and 64.2 g/t Ag with a second high grade gold interval of 3.0 m grading 0.4 % Cu; 0.4 % Pb; 0.3 % Zn; 6.54 g/t Au and 47.8 g/t Ag. Drill hole LR006B shows that excellent gold grades continue to be present at this elevation, approximately 400 m below surface. Drillhole LR030 intercepted mineralization at 300 m below surface in the eastern side of the deposit. It encountered the Upper and Lower massive sulphide lenses. The Upper Lens occurs from 325.4 m down the hole and comprises 5.3 m grading 0.1 % Cu; 0.6 % Pb; 10.2 % Zn; 0.4 g/t Au and 54.5 g/t Ag. The interval between the lenses is 26.1 m. The Lower Lens intercept consists of 6.3 m grading 1.1 % Cu; 0.4 % Pb; 0.7 % Zn; 1.1 g/t Au and 21.4 g/t Ag. Hole LR030 is located approximately 100 m east of the historical Upper Lens drilling and appears to mark a significant extension of the Upper Lens massive sulfides to the east in this area. Copper and gold grades are significant in the Lower Lens in this hole.
NCLH FRNWF

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08:38 EDT Norwegian Cruise Line appoints Byng-Thorne to board of directors - Norwegian Cruise Line (NCLH) announced the appointment of Zillah Byng-Thorne to its Board of Directors as a new independent director, effective November 1, 2022. With Byng-Thorne's appointment, the Board has expanded from seven to eight members, six of whom are independent, and 50% of director seats are held by women and/or under-represented minorities. Byng-Thorne will serve as a member of the Company's Audit Committee and Compensation Committee. Byng-Thorne is currently the Chief Executive of Future (FRNWF), a global platform for specialist media, a position she assumed in 2014.
MNMD

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08:38 EDT Mind Medicine investor demands investigation into misconduct allegations - FCM MM HOLDINGS notifies shareholders that it has formally filed a complaint with the Securities and Exchange Commission and will file a referral to the Department of Justice regarding allegations against Mind Medicine. The Complaint focuses on the following allegations: self-dealing, lack of material disclosure, false statements/public statement fraud, and if the allegations are true, criminal activities, by CEO Robert Barrow, under Sarbanes-Oxley. The Complaint presents and analyses the allegations in the lawsuit Freeman v. Burbank et al. that MindMed's intellectual property was mishandled due to a one-sided deal negotiated by Mr. Stephen Hurst, then MindMed's CEO, and Mr. Carey Turnbull, CEO of Ceruvia Lifesciences. Mr. Hurst founded Ceruvia's predecessor, purportedly in secret. If the Deal occurred, Ceruvia has undisclosed freedom to operate on MindMed's IP surrounding LSD and its derivatives, and MindMed is not able to research or compete on BOL-148. The Complaint also lists Ceruvia executives who concurrently worked for MindMed during Messrs. Hurst and Barrow's tenure and the implications for MindMed's IP and trade secrets. Additionally, the Complaint scrutinizes whether MindMed adequately disclosed to investors the significant risk of MM-110's failure in gaining full Food and Drug Administration product approval. After MindMed terminated the MM-110 program in August of 2022, FCM conducted a rigorous review of publicly available data of MM-110, a core drug of MindMed, from primarily both MM-110's patent application and protocol of the Phase I trial, which were available prior to the initiation the Study. The Complaint addresses FCM's conclusion that it is highly unlikely the FDA would have allowed the Study to be performed in the US as written - i.e. patients would be treated at a dose thirty-five times higher than the comparable dose which caused death in mice. Ultimately, MindMed instead performed the Study in Australia, and in May 2022, reported that the Study's topline results were favorable regarding safety and tolerability and builds on "encouraging" results from pre-clinical studies. The Results were then presented to the FDA, and MindMed later disclosed that the FDA now requires MindMed to complete a myriad of pre-clinical safety studies prior to instituting additional clinical trials in the US. Mr. Barrow stated that the Pre-Clinical Studies could take years, and MindMed subsequently shuttered the program. The Complaint also examines the departures of several high-profile executives of the Company right before they were required to sign off on MindMed's SEC filings. Similar to Chief Legal Officer Cynthia Hu who left one month prior to being required to sign MindMed's stock offering, Chief Financial Officer David Guebert resigned from MindMed the business day before he was obligated to make his first Sarbanes-Oxley certification of MindMed's financials. The Complaint further notes that MindMed's auditor Ernst & Young was fired shortly after reporting that MindMed had a material weakness in its internal controls under Sarbanes-Oxley.
PTON

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08:36 EDT Peloton: Right-sizing cost structure has come at expense of growth - CEO Barry McCarthy says that "there will come a time when we begin to focus again on growth."
DXR

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08:36 EDT Daxor announcew new study on utility of its BVA-100 blood test in HF - Daxor announces a new study in the prestigious Journal of Cardiac Failure demonstrating the importance and clinical utility of Daxor's BVA-100 blood test in heart failure, HF. The researchers showed that Daxor's BVA-100 was able to measure intravascular volume overload in heart failure patients - a key metric targeted to successfully manage heart failure. Common surrogate markers and clinical evaluation to assess volume overload in contrast were shown to be ineffective at making a comparative clinically actionable measure, despite common usage in many hospitals. The study titled, "Blood Volume Analysis and Hemodynamic Measures of Vascular Compliance in Patients with Worsening Heart Failure," assessed the relationship between blood volume, resting, and stress cardiovascular pressures in worsening HF. The study results showed little to no correlation between patient symptoms, physical exam or cardiac pressures as compared to direct blood volume measures. "More than 6 million Americans suffer from heart failure, one of the most prevalent, complex, and deadly diseases leading to nearly one million deaths and one million hospitalizations annually," said Michael Feldschuh, CEO and President of Daxor Corporation. "Worsening HF is associated with exceedingly high 30-day mortality and risk for rehospitalization. Our test informs clinicians with critical information to help manage and treat volume derangements in complex HF patients and past studies in peer-reviewed journals have shown substantial improvements in reducing mortality, hospital readmission, length of stay, and costs from the use of our diagnostic."
PTON

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08:36 EDT Peloton CEO: Focus is to ensure viability of business - Comments taken from Q1 earnings conference call.
NDCVF

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08:35 EDT Nordic Semiconductor extends partnership with Memfault - Memfault announced an extension of its partnership with Nordic Semiconductor to give Bluetooth Low Energy developers building on nRF52 and nRF53 Series easy access to Memfault's device reliability engineering capabilities. The updated integration gives nRF52 and nRF53 Series developers the same streamlined experience as nRF91 Series developers with an out-of-the-box integration of the Memfault platform to accelerate product development, derisk product launches, and ship more robust, always-improving products.
NBIX

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08:35 EDT Neurocrine's valbenazine shows additional Phase 3 efficacy results - Neurocrine reported additional results from the Phase 3 KINECT-HD study investigating valbenazine for the treatment of chorea associated with Huntington Disease. In December 2021, Neurocrine previously reported that once-daily administration of valbenazine was well tolerated with a statistically significant improvement in chorea associated with HD compared with placebo, along with substantial global improvement. The additional data includes an exploratory analysis of valbenazine effects over time, dosages at the end of the study, and detailed information about treatment-emergent adverse events and safety parameters. The KINECT-HD study met its primary endpoint of change in chorea severity. Improvement in the TMC score was significantly greater with valbenazine versus placebo. The secondary endpoints also significantly favored valbenazine treatment. Treatment emergent adverse events, including somnolence, fatigue, fall, and akathisia, were mild to moderate and consistent with the known safety profile of valbenazine. No suicidal behavior or worsening of suicidal ideation was observed in the valbenazine-treated subjects in this study. Enrollment continues in the KINECT-HD2 open-label study to evaluate the long-term safety and tolerability of valbenazine for the treatment of chorea in Huntington Disease.
PTON

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08:34 EDT Peloton sees demand for Conneted Fitness hardware remaining challenged - The company said: "Given macro economic uncertainties we believe near-term demand for Connected Fitness hardware is likely to remain challenged. Our forecast incorporates a seasonal mix-shift toward our Connected Fitness segment, expected holiday promotional activity, a mix-shift of sales toward our rental program, as well as the impact from expanding our third-party retail partnerships. We expect Connected Fitness churn to be similar to 1Q. Over the course of FY'23 we anticipate approximately $70 million of additional restructuring related cash charges, a portion of which we expect to impact 2Q."
BNGO

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08:34 EDT Bionano Genomics announces first published validation study of OGM - Bionano Genomics announced the first published validation study to evaluate the performance of optical genome mapping, OGM, versus traditional cytogenetic techniques for the analysis of hematological neoplasms. According to the study, when compared to traditional cytogenetic methods, OGM showed robust technical and analytical performance, corrected misinterpretations and resolved balanced and unbalanced variants with high resolution in a single assay, streamlining the existing need to run multiple platforms. Researchers analyzed samples from 69 individuals referred to a clinical lab for cytogenetic analysis to assess OGM as an approach to provide cytogenetic profiling in hematological neoplasms. OGM's technical performance resulted in a 100% first-pass rate, with concordance to traditional methods showing a sensitivity of 98.7%, a specificity of 100%, and an accuracy of 99.2%. OGM identified several additional structural variants not detected by other methods, revealing the genomic architecture in these neoplasms that the study authors believe may provide an opportunity for better tumor classification, prognostication, risk-stratification, and therapy selection. Erik Holmlin, PhD, president and chief executive officer of Bionano commented, "We are gratified to see study results showing how OGM may be useful in the analysis of hematological neoplasms. We believe that the study findings show OGM may alleviate the need for multiple technologies, and that it has potential to become a first tier cytogenomic test for hematologic malignancies."
MEEC

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08:34 EDT Midwest Energy Emissions defers all major debt - Midwest Energy Emissions announced that it has reached an agreement that extends the maturity date of the Company's entire unsecured and secured debt obligations until August 25, 2025 The principal financial partner is the holder of an unsecured note with a principal amount outstanding of approximately $13.2M and a secured note with a principal amount outstanding of approximately $270,000. The notes were originally scheduled to mature on August 25, 2022, which has now been extended for three years. In addition, interest on the secured note, which note has been longstanding, has been reduced from 15.0% to 9.0% per annum. The unsecured note, as originally constituted, bears zero interest and entitles the lender to a certain non-recourse profit share. As part of the changes being announced, the lender has also been given an additional non-recourse profit share under the unsecured note. In addition, the Company has negotiated a repurchase option which, at the Company's sole discretion, allows for the Company's buyback of a significant portion of stock held by the lender at a price of $0.50 per share.
PTON

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08:34 EDT Peloton sees continued pressure on App subscription count
VRNOF

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08:33 EDT Verano Holdings launches BITS edibles line - Verano Holdings Corp. announced the launch of BITS, a new line of low-dose, high-function edibles that allow cannabis consumers to do more with less. Each of BITS' five initial flavors offer a blend of 5 mg of THC, complementary cannabinoids and adaptogens designed to enhance not overtake, and to make the cannabis edible experience less intimidating, more accessible and enjoyable. Beginning November 4, 2022, the new product line from Verano will be available across the Company's Zen Leaf dispensaries and third-party retail locations in six core markets: Illinois, Maryland, Massachusetts, Nevada, New Jersey and Ohio, with additional rollouts in Arizona and Florida expected in the near future.
PTON

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08:33 EDT Peloton CEO: 'Results show we're making significant progress' - In the company's Q1 shareholder letter, CEO Barry McCarthy said "Breakeven FCF is an objective but it is not a guaranteed outcome. There are risks we will underachieve our forecast, particularly in this economic climate and given the outsized importance and uncertainty of the holiday selling season on overall performance. But the green shoots are numerous and undeniable."
LPLA

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08:33 EDT LPL Financial to acquire Financial Resources Group Investment Services - LPL Financial announced that the firm has entered into a definitive purchase agreement to acquire Financial Resources Group Investment Services, FRGIS, an LPL branch office supporting financial institutions and advisors, headquartered in Fort Mill, South Carolina. FRGIS will continue to operate independently within LPL following the closing of the acquisition (the "Closing"), retaining its brand and leadership team. "We are excited to embark on this new phase of our relationship with our deeply respected, long-standing partner, FRGIS," said Rich Steinmeier, LPL Financial managing director and divisional president, Business Development. "This acquisition strengthens our relationship with a strategically important client and provides a foundation on which to accelerate expansion of several strategic growth areas, particularly in the financial institution space. FRGIS is an industry leader of managed programs for banks and credit unions and provides a strategic complement to LPL's existing enterprise offering." The transaction is structured as an equity purchase and is anticipated to close in early 2023, subject to receipt of regulatory approval and other customary closing conditions. The purchase price includes $140 million to be paid at the Closing, subject to standard adjustments included in the definitive purchase agreement, with additional earn-out payments over the three years following the Closing.
IOBT MRK

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08:32 EDT IO Biotech enters collaboration with Merck for IO101-IO103 - IO Biotech (IOBT) entered into a fourth clinical trial collaboration and supply agreement with Merck (MRK). The purpose of the collaboration is to evaluate IO Biotech's lead candidate, IO102-IO103, in combination with KEYTRUDA, Merck's anti-PD-1 therapy, as neoadjuvant and adjuvant treatment in a multicenter, multi-cohort trial evaluating anti-tumor activity, safety and immune infiltration. The proof-of-concept trial will include patients with resectable tumors in at least two indications. The primary objective of the proposed study is to investigate the activity of neoadjuvant treatment with IO102-IO103 in combination with pembrolizumab, in terms of pathologic tumor response in resected tumors. Secondary objectives include anti-tumor effect based on standard imaging of IO102-IO103 in combination with pembrolizumab as neoadjuvant treatment and as adjuvant treatment, overall survival after neoadjuvant/adjuvant treatment with IO102-IO103 in combination with pembrolizumab and the requirement for post-operative chemotherapy/radiotherapy following IO102-IO103 in combination with pembrolizumab as neoadjuvant treatment. Under the terms of the agreement, IO Biotech will sponsor the Phase 2 trial and Merck will supply pembrolizumab. IO Biotech maintains global commercial rights to IO102-IO103.
IBIO

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08:32 EDT iBio seeking to divest its contract development, manufacturing organization - iBio announces it is seeking to divest its contract development and manufacturing organization in order to complete its transformation into an antibody discovery and development company. Proceeds and cost-savings from the divestiture of the CDMO facility and reduction in operations will be invested in advancing the Company's lead immuno-oncology assets towards the clinic, as well as the continued development of the RubrYc Discovery Engine, the artificial intelligence platform used to create the majority of iBio's therapeutic candidates, and intended to extend the Company's cash runway. "We currently possess valuable assets in both biomanufacturing and biotech," said Tom Isett, CEO of iBio. "We believe focusing our efforts on drug discovery and development to be the path to greatest value-creation for shareholders, especially given the recent addition of RubrYc Therapeutics' pipeline and tools to engineer precision-targeting antibodies. Concurrently, given the strong demand for biomanufacturing capacity, we are providing the opportunity for another organization to more fully utilize the advanced bioanalytical and bioprocess capacity resident in our large-scale cGMP biologics production facility located in the growing Southeast Texas 'Biocorridor'. We are expecting to complete the CDMO divestiture in 2023, while we focus on advancing our lead preclinical program and our expanding pipeline and partnership opportunities." Following a detailed review of its pipeline and growth opportunities, iBio will focus its resources on the continued development of its lead immuno-oncology assets including, IBIO-101, an immunotherapy for the depletion of regulatory T cells, and two differentiated, antibody candidates emanating from its antibody discovery platform, EGFRvIII and CCR8. In pre-clinical research, each demonstrates specificity for its target and a high degree of cell-killing capability, with potentially reduced off-target effects. The transition to a focused AI-Biotech business is expected to reduce iBio's monthly burn rate by approximately half, or approximately $2.5-3.0 million per month. Assuming an asset sale at levels comparable with other similar cGMP facilities, the Company believes that cost reductions in conjunction with proceeds from asset sales could provide cash runway into the first half of calendar year 2024.
GCT

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08:30 EDT GigaCloud opens Malaysian office - GigaCloud Technology announced that GigaCloud has opened its first Malaysian office in Muar, Johor, Malaysia, as part of a strategic initiative for optimizing regional supplier screenings and increasing the Company's presence in Southeast Asia. Following GigaCloud's Initial Public Offering on August 18th, 2022, the Office marks another step of the Company's global footprint expansion with the primary goal to give buyers on the Company's B2B GigaCloud Marketplace a greater selection of stock keeping units from vetted Malaysian suppliers. In addition, the Office is expected to increase GigaCloud's visibility in Southeast Asia, facilitate suppliers' familiarity with GigaCloud and further strengthen the Company's growth and its international presence. Currently, the Office has six employees with a plan to grow to 15 within one year as GigaCloud Marketplace demand steadily increases.
TOVX

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08:30 EDT Theriva announces first patient dosed in second cohort of Phase 1b/2a trial - Theriva Biologics announced the first patient has been dosed in Cohort 2 of its Phase 1b/2a randomized, double-blinded, placebo-controlled clinical trial of SYN-004 in allogeneic hematopoietic cell transplant recipients for the prevention of acute graft-versus-host-disease. "We are encouraged by the growing evidence that demonstrates SYN-004 has the potential to reduce serious adverse events in patients undergoing allogeneic HCT to treat hematologic cancers, and are pleased with the program's continued clinical advancement as part of our oncology-focused pipeline," said Steven Shallcross, Chief Executive Officer of Theriva Biologics. "We are very grateful for the tremendous support from Dr. Dubberke and his team at Washington University as we continue our progress towards improving treatment outcomes for these highly susceptible patients by overcoming existing limitations of broad-spectrum IV beta-lactam antibiotics."
TFFP

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08:28 EDT TFF Pharmaceuticals announces collaboration with Aptar Pharma - TFF Pharmaceuticals announced a collaboration with Aptar Pharma aimed at developing and testing the administration of dry powder vaccines utilizing TFF Pharmaceutical's Thin Film Freezing technology and Aptar Pharma's proprietary intranasal Unidose, UDS, Powder Nasal Spray System. A need for alternative routes of vaccination, such as intranasal, were highlighted at the White House Summit on the Future of COVID-19 Vaccines, which took place in July 2022. In addition, the direct immunization of nasal mucosa may promote both systemic and mucosal immunity. Furthermore, self-administration of a "needle-free" vaccine provides for pain-free administration to the patient, results in less medical waste by avoiding syringe disposal, eliminates extreme cold storage requirement from the supply chain and simplifies global distribution. "We are very excited to partner with Aptar Pharma to test our Thin Film Freezing formulation with their unique intranasal device," said Glenn Mattes, President & CEO of TFF Pharmaceuticals. "By combining our collective and proprietary expertise in drug development, device engineering and formulation technologies, we believe this collaboration has the potential to create ground-breaking advancements in the field of drug delivery. Intranasal dry powder vaccines could be a true game changer for people around the world."
RIOCF

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08:27 EDT RioCan REIT announces renewal of Normal Course Issuer Bid - RioCan Real Estate Investment Trust announced that the Toronto Stock Exchange has approved its notice of intention to make a normal course issuer bid for a portion of its trust units as appropriate opportunities arise from time to time. RioCan's normal course issuer bid will be made in accordance with the requirements of the Toronto Stock Exchange. Pursuant to the notice, RioCan is authorized to acquire up to a maximum of 30,247,803 of its 303,413,346 outstanding Units, or approximately 10% of the public float of 302,478,039 as of October 31, 2022 over the next 12 months. Purchases under the normal course issuer bid will be made through the facilities of the Toronto Stock Exchange or through a Canadian alternative trading system and in accordance with applicable regulatory requirements at a price per Unit equal to the market at the time of acquisition. The number of Units that can be purchased pursuant to the bid is subject to a current daily maximum of 207,826 Units, subject to RioCan's ability to make one block purchase of Units per calendar week that exceeds such limits. Units purchased under the normal course issuer bid will be cancelled upon their purchase, or may be used to satisfy RioCan's obligation to deliver Units under RioCan's Restricted Equity Unit Plan and/or Performance Equity Unit Plan. RioCan intends to fund the purchases out of its available cash and undrawn credit facilities. Under its previous normal course issuer bid, which expired on October 21, 2022, RioCan was authorized to acquire a total of 31,616,150 Units of which 13,956,020 Units were purchased by RioCan at a weighted average price of $21.9806 per Unit. RioCan may begin to purchase Units on November 7, 2022 and the bid will terminate on November 6, 2023 or such earlier time as RioCan completes its purchases pursuant to the bid or provides notice of termination. RioCan believes that the purchase of its Units may represent an investment opportunity for the Trust and an appropriate and desirable use of its funds based on market conditions, Unit price and other factors.
AFIB MDT

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08:26 EDT Acutus Medical achieves OEM qualification milestone in portfolio sale - Acutus Medical (AFIB) announced that the Company has achieved the first milestone under the asset purchase agreement of its left-heart access portfolio with Medtronic (MDT). This triggers a $20 million earnout payment from Medtronic to Acutus and allows Acutus to become an original equipment manufacturer for Medtronic. Acutus will continue selling the left-heart access portfolio until commercial distribution is transitioned to Medtronic. On June 30, 2022, Acutus completed the first closing of its previously announced sale of the Company's left-heart access portfolio, which includes the AcQCross septal crossing devices, the AcQGuide MINI sheath and integrated crossing device, the AcQGuide FLEX Steerable Introducer with integrated crossing device, and the AcQGuide VUE steerable sheath to Medtronic. Under the terms of the agreement, at the first closing, Medtronic paid cash consideration of $50 million to Acutus for, among other things, intellectual property rights to the Company's left-heart access portfolio and certain equipment used in the manufacturing of these products. Acutus has now completed the first major milestone in this transaction with OEM qualification, which will bring in gross proceeds of $20 million. Acutus remains eligible for additional milestone payments associated with certain regulatory activities as well as four years of revenue-based earnouts.
OLK

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08:26 EDT Olink announces 1,000 peer-reviewed articles citing use of PEA technology - Olink announced the achievement of more than one thousand peer-reviewed publications citing the use of Olink Proximity Extension Assay technology, underscoring the widespread adoption and successful application of its protein biomarker solutions by the scientific community. "We are delighted that so many outstanding scientists have been able to use our protein biomarker solutions to further their important research and produce this exceptional body of high-quality publications," said Dr. Ida Grundberg, Chief Scientific Officer, Olink. "Peer-reviewed publications are the lifeblood of the research community, representing a key measure of success for scientists, driving progress towards a deeper biological understanding of human health and disease, and providing the foundation to develop new and better therapies."
RCL

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08:26 EDT Royal Caribbean sees returning to historical load factors in early summer 2023 - The company is experiencing strong early booking trends for 2023 and all quarters are currently booked well within historical ranges at record pricing. The market response to the 9 new ships that joined the fleet since 2019, and the ships that will be delivered in 2023, has been excellent. While still early in the booking cycle, the view for 2023 is encouraging and the company expects a return to historical load factors in early summer, record yields and adjusted EBITDA for 2023. The company expects to benefit from lower transitory expenses and accelerating benefit from actions taken to improve margin while partially mitigating continued inflationary pressures expected to persist through the first half of 2023.
MAR

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08:26 EDT Marriott says wage, benefit growth continues to moderate - Expects 2023 RevPAR "up nicely," with particular strength in Q1. Expects significant pent up travel demand in 2023.
RCL

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08:25 EDT Royal Caribbean: Trifecta program to increase adjusted EPS to double digits - The Trifecta Program is designed to achieve three financial goals by the end of 2025: increasing Adjusted EBITDA per APCD to triple digits, increasing Adjusted EPS to double digits, and achieving ROIC in the teens, while in parallel returning to an investment grade profile and reducing carbon intensity by double digits as compared to 2019.
RYTM

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08:25 EDT Rhythm announces 11 presentations at he Obesity Society's annual meeting - Rhythm Pharmaceuticals announced a total of 11 presentations at The Obesity Society's Annual Meeting at ObesityWeek being held November 1-4, 2022 in San Diego. Results from the Clinical Registry Investigating Bardet-Biedl Syndrome - In a poster titled, "Substantial Burden Associated With Hyperphagia and Obesity in Children With Bardet-Biedl Syndrome," researchers assessed mean and median hyperphagia scores by weight category and evaluated the correlation between hyperphagia score and BMI percentile for 39 children with BBS who completed the Hyperphagia Questionnaire with scores that range from 11 to 55, with higher values indicating more significant hyperphagia. An additional poster presented by Dr. Pomeroy, titled, "Natural History of Weight Gain in Children With Bardet-Biedl Syndrome: Results From the Clinical Registry Investigating Bardet-Biedl Syndrome," includes analyses of data from 331 children aged 3 to 17 years with BBS were designed to improve understanding of weight gain patterns. highlights include: At the first CRIBBS assessment, 9% of children were classified as overweight and 81% were classified as obese; 29 of children included in the natural history subset had class III obesity at baseline; Overall, 67.5% of children with obesity at baseline remained in the same or moved to a higher obesity class by the last assessment greater than or equal to2 years later; and In the full analysis population and natural history subset, 22.7% and 32.3% of children with obesity reported using weight loss interventions, respectively, with the majority experiencing additional weight gain. Clinical benefit of treatment with setmelanotide in BBS Phase 3 clinical trial: Researchers investigated the impact of setmelanotide across weight, hunger, and quality of life in patients aged 6 years and older with BBS and obesity who participated in Rhythm's Phase 3 clinical trial. Highlights include: 27 of 32 patients had clinical improvements that met thresholds in greater than or equal to1 measure at the last study visit; 30 of 32 patients experienced clinical improvement or weight stabilization; 10 of 11 evaluable patients experienced greater than or equal to1-point reduction in maximal hunger score; 18 of 19 evaluable patients experienced a meaningful or positive nonmeaningful improvement in QOL; and Setmelanotide was observed to be generally well tolerated; 1 patient discontinued study drug during placebo treatment due to an AE.
BWAY

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08:24 EDT Brainsway announces private insurance coverage from Premera Blue Cross - BrainsWay announced that Premera Blue Cross will extend positive coverage applicable to Deep Transcranial Magnetic Stimulation for the treatment of obsessive-compulsive disorderas of February 3, 2023 Premera provides commercial health coverage to more than 2.6 million people in the Pacific Northwest, from individuals and families in Alaska and Washington to employees of Fortune 100 companies across the country. Premera now joins other payors covering Deep TMS for OCD, including Centene, Cigna, Highmark, Health Care Services Corporation, Tricare, and Palmetto GBA Medicare, resulting in approximately 90 million covered lives for this indication. Premera's policy has also reduced its major depressive disorder TMS coverage criteria, now requiring only three failed medication trials instead of four. In further support of these expanded access trends, final and draft Local Coverage Determinations, respectively, were recently issued by CGS and NGS, two Medicare Administrative Contractors, reducing the number of previous medication failures required to qualify for TMS treatment for MDD from four to two. These MACs collectively represent 14.5 million covered lives, and once implemented, the changes will result in all 60+ million Medicare beneficiaries in the country qualifying for Deep TMS depression coverage after either one or two failed medication trials. Private payers including Anthem, Aetna, Cigna, and HCSC likewise now require only two failed medication trials prior to qualifying for Deep TMS coverage for depression.
RCL

Hot Stocks

08:24 EDT Royal Caribbean: FY23 booked well within historical ranges - Booking volumes in the third quarter accelerated versus the second quarter of 2022 and remained significantly higher than booking volumes received in the third quarter of 2019 for all future sailings. For 2023, all quarters are currently booked well within historical ranges at record pricing, the company said.
LOVE PRPL

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08:22 EDT Lovesac appoints John Legg as CSCO - The Lovesac Company (LOVE) announced that John Legg has been appointed as Chief Supply Chain Officer, effective October 31, 2022. In this role, Mr. Legg will be responsible for leading the vision, strategy, and operations of Lovesac's Supply Chain functions including manufacturing, planning, inventory, distribution and logistics. Most recently, he served as Chief Operating Officer at Purple Innovation (PRPL) and was responsible for end-to-end supply chain operations.
MFON

Hot Stocks

08:21 EDT Capriotti's joins Mobivity's Connected Rewards program - Capriotti's Sandwich Shop has launched a new program with Mobivity Holdings, a contextual performance network provider that connects national restaurants, retailers, and their partners to the more than 200 million game players in the U.S. With this new program, Capriotti's can now attract new customers and reward existing ones with privacy-safe, targeted offers through in-game exposure and rewards. Mobivity's Connected Rewards technology and partnerships with leading game publishers have universal appeal given that 73% of the population between ages 13 to 64 play games at least one hour a week. As consumers play, they can earn in-game rewards from brands they love. Through Capriotti's partnership with Mobivity, these same players will have the opportunity to unlock Capriotti's discounts and offers by spending their earned tokens. Capriotti's Rewards will be promoted both inside the game and through e-mails and social postings tied to the game.
BEAM

Hot Stocks

08:19 EDT Beam Therapeutics receives multiple orders from U.S. Marine Corps - Beam Global announced that the U.S. Marine Corps placed multiple orders with each order containing multiple Beam Global EV ARC sustainable off-grid charging systems and an ARC Mobility trailer used for transporting EV ARC systems. The sustainable EV charging systems will be used for fleet charging and will be deployed at locations in Hawaii, North Carolina and Washington DC. The order was placed through General Services Administration Multiple Award Schedule Contract Number 47QSWA21D0006 which simplifies the federal procurement process and ensures best pricing.
JUSHF

Hot Stocks

08:19 EDT Jushi Holdings announces opening of relocated scranton dispensary - Jushi announced the opening of its relocated Beyond Hello Westside dispensary in Pennsylvania, through its subsidiary, Pennsylvania Dispensary Solutions. "Beyond Hello Dickson City is located just two minutes from I-81, the Viewmont Mall and a host of hotels, restaurants, shops and grocery stores," said Jim Cacioppo, Chief Executive Officer, Chairman and Founder of Jushi Holdings Inc. "Designed by our in-house team, this new store features a lighter, brighter color palette with a focus on display cases that highlight our curated selection of medical marijuana products and accessories. With plenty of parking spots and a seamlessly integrated shopping experience with beyond-hello.com, Beyond Hello Dickson City is well located to serve patients across the Greater Scranton Area."
SEOVF

Hot Stocks

08:18 EDT Sernova receives authorization to enroll second cohort in Phase 1/2 trial - Sernova announces, in conjunction with the advancement of its ongoing Phase 1/2 clinical trial of the Sernova Cell Pouch System for patients with type 1 diabetes who suffer from hypoglycemia unawareness, the approval of a protocol amendment by the University of Chicago Institutional Review Board and no objections from FDA, allowing the Company to proceed with a strategically optimized protocol reducing the time required for patient treatment while accelerating potential secondary endpoint efficacy achievement with more optimal dosing. Following promising interim results from the first six patients of Sernova's active T1D Study, the protocol amendment enables the testing of a small second cohort of up to seven patients, to evaluate the Company's optimized 10-channel Cell Pouch, which provides 50% more islet capacity compared to the 8-channel Cell Pouch used to date for the T1D Study. With the protocol amendment, enrollment of the first cohort of patients has concluded and patient enrollment for the new second cohort will begin. "Sernova is committed to developing a potential 'functional cure' with the goal of freeing patients from the life-limiting burdens of T1D and dramatically enhancing their quality of life," said Dr. Philip Toleikis, President and Chief Executive Officer. "We are pleased with the positive interim results demonstrating that the Cell Pouch System is well tolerated, reduces or eliminates the frequency of severe hypoglycemic events and continues to contribute to durable insulin independence among patients. Based on our now expanded recruitment activities and efforts, we anticipate implanting multiple patients before the end of 2022. The results from these additional patients will directly contribute to our pivotal T1D trial design and help accelerate entry into the clinic with our iPSC stem cell derived islet technology in conjunction with our Evotec partnership that is progressing ahead of our expectations."
IWINF

Hot Stocks

08:17 EDT Irwin Naturals to acquire assets of Care Clinic in Florida, terms not disclosed - Irwin Naturals entered into a binding agreement on October 30, 2022, to acquire the assets of Clare Clinic, Inc., d/b/a Florida Mind Health Center, which operates three healthcare clinics in Florida. The clinics are located in Gainesville, Tallahassee and Panama City, and offer ketamine-assisted therapy, NAD+ and other IV therapies. Those clinics will join Irwin Naturals Emergence, a fast-growing national chain offering psychedelic mental healthcare that already includes five clinics in Florida. Earlier this year, the Company announced it intended to move to the forefront of psychedelic mental healthcare by assembling a national chain of clinics. For more than six months now, Irwin Naturals Emergence has been vetting the more than 600 independent ketamine clinics currently operating in the United States, seeking to identify profitable clinics that practice the standard of customer care consistent with the Irwin Naturals brand. The company invited those clinics that met its criteria to join the family, so to speak, and become part of Irwin Naturals Emergence, which is a wholly owned subsidiary of Irwin Naturals.
ATI

Hot Stocks

08:17 EDT ATI names Jimmy Williams CTO - ATI has named Jimmy Williams, Jr. as Senior VP and Chief Technology Officer. Williams joins ATI from Carnegie Mellon University, where he serves as executive director and distinguished service professor of the interdisciplinary Engineering and Technology Innovation Management program. Previously, he was senior vice president of global engineering of Pall Corporation. In his 20-year career at Boeing, he held numerous research and development and program management positions, earning Boeing's Black Engineer of the Year award in 2001.
NFYEF

Hot Stocks

08:15 EDT NFI Group named partner of choice for over $380M grants - NFI Group announced that NFI subsidiary New Flyer of America has been named partner of choice by a total of 38 major transit agencies across the United States for its successful project awards from the Federal Transit Administration's 2022 Low or No Emission and Buses and Bus Facilities Grant Programs. New Flyer supported the successful applications for over $380 million in grants awarded to 38 U.S. public transit agencies and was the named partner for two individual agency awards of over $25 million each. While New Flyer has been named as a partner, new awards will not be added to NFI's backlog until contract documentation is completed and a formal purchase order is received. "NFI is proud that subsidiary New Flyer has been selected as the partner of choice for numerous public transit agencies as they look to reduce emissions in their cities through these FTA grant programs" said Chris Stoddart, President, North American Bus and Coach, NFI. "Our success demonstrates NFI's leadership in low- and zero-emission buses, including our wide range of battery- and fuel cell-electric products and our Infrastructure Solutions offering charging. The growth in these FTA grant programs, from $182 million in 2021 to over $1.6 billion of funding in 2022, is a testament to the strong tailwind of public support that will inevitably transform America into an electric bus future. NFI looks forward to continuing to lead the evolution to zero-emission mobility- what we call the ZEvolution."
NEVDF

Hot Stocks

08:14 EDT Nevada Copper provides Pumpkin Hollow update - Nevada Copper is pleased to provide an update on restart and operational activities for its underground mine following the closing of the restart financing package that provides up to $123 million of liquidity to the Company, as announced in the Company's October 28, 2022 press release. Additionally, the Company announces the addition to its Board of Directors of Guillaume de Dardel, Head of Energy Transition Metals and part of the Energy Transition desk at Mercuria Energy Trading SA, one of Nevada Copper's largest shareholders. Optimized Mine Plan - John Wood Group plc, has completed an optimized life-of-mine plan that focuses on accessing the larger, higher-grade stopes of the East North Zone to bring value forward in the mine life. This optimized plan is being incorporated into our development and mine planning in preparation for restart of mining operations. Final Dike Crossings - As indicated in the Company's October 5, 2022 press release, the Company continues to build on the significant progress made to date with the completion of the second dike crossing. This critical achievement provides access to the higher-grade stopes of the EN Zone that is estimated to represent the highest value area of the underground reserve. This zone also represents the most competent geotechnical rock mass within the reserve which is expected to allow larger stopes to be extracted, significantly improving production efficiencies. The Company is encouraged by the rock quality being encountered beyond the dike as progress is made on development headings into the EN Zone, and appears to be as predicted by the geotechnical models. To date, nine of the first stopes to be mined have been drilled to provide critical data for final stope design in preparation for the commencement of mining in the second half of 2023.c The underground crews have transitioned to work on the final dike crossing which is expected to be completed in early 2023. A well-known industry grouting and geotechnical consultant has been engaged in developing the final dike crossing design and plan. The completion of the dike crossing will provide necessary access for a development contractor to begin rapid development into the EN Zone in early 2023.
INZY

Hot Stocks

08:14 EDT Inozyme announces first self-administration of INZ-701 - Inozyme Pharma announced the first self-administration of INZ-701 in the open-label Phase 2 extension portion of the ongoing Phase 1/2 clinical trial of INZ-701 in adult patients with ENPP1 Deficiency. The implementation of self-administration of INZ-701 followed Inozyme's submission of a protocol amendment to the U.S. Food and Drug Administration and approval of a protocol amendment submitted to the German Federal Institute for Drugs and Medical Devices. The Company has also submitted documentation to additional ex-U.S. regulatory agencies to allow self-administration. These submissions were supported by preliminary safety data from the ongoing trial. "This is a significant milestone for a product candidate at this stage of its clinical and regulatory pathway and we believe highlights the safety profile of INZ-701 to date in our ongoing Phase 1/2 clinical trial," said Kurt Gunter, M.D., Inozyme's senior vice president and chief medical officer. "Self-administration opens up a convenient dosing option for patients in the Phase 2 extension. The extension portion of the trial is designed to provide important long-term safety and clinical data and support the development of INZ-701 as the first potential approved therapy for ENPP1 Deficiency."
ATNX

Hot Stocks

08:13 EDT Athenex says Nasdaq Hearings Panel grants request for continued listing - Athenex announced that a Nasdaq Hearings Panel has granted the company's request for continued listing on The Nasdaq Stock Market, subject to the Company's satisfaction of the minimum $1.00 bid price requirement by March 14, 2023. To evidence compliance with the minimum bid price requirement, the Company's common stock must close at or above $1.00 per share for a minimum of 10 (but generally not more than 20) consecutive business days by March 14, 2023.
MAR

Hot Stocks

08:13 EDT Marriott expects 'additional upside' from international travel - Says "yet to see slowdown" in international demand. Says travel spending has been "incredibly resilient." Sees FY22 gross room growth of 4.5% vs. prior view of 5%. Expects "solid room growth" going forward. Comments taken from Q3 earnings conference call.
SENS

Hot Stocks

08:12 EDT Senseonics and Ascensia collaborate with Nurse Practitioner Group - Senseonics and Ascensia Diabetes Care, a global diabetes care company, launched a collaboration with the Nurse Practitioner Group, a provider of multidisciplinary health services and medical staffing solutions. The first patient insertion of the up to 6-month Eversense E3 sensor by NPG was recently completed in Florida, with plans to expand this new initiative to other key markets across the U.S. in the coming months. Led by Senseonics and utilizing NPG's network of healthcare providers in over 30 states, this partnership is designed to broaden access to the Eversense E3 CGM System by providing at-home and in-office insertion options for diabetes patients. Under the agreement between Senseonics and NPG, NPG providers will be certified to perform Eversense procedures in the specified geographies and will offer its services for patients who have been prescribed Eversense. Senseonics will assist NPG as they set up their Eversense procedure capabilities in select geographic areas.
PLNT

Hot Stocks

08:09 EDT Planet Fitness announces executive leadership appointments - Planet Fitness has promoted Jennifer Simmons, previously Senior Vice President of Business Strategy and Analytics, to Division President, Corporate Clubs, and Paul Barber has been appointed Chief Information Officer, effective immediately. Simmons joined Planet Fitness in 2013 and most recently served on the executive leadership team as Senior Vice President of Business Strategy and Analytics. Barber will lead the company's technology evolution and strategy, focused on delivering technology solutions that will continue to enhance the member experience while optimizing infrastructure, data, and operations for flexibility and scale. Previously, he was the Chief Technology Officer at Airline Report Corporation.
REPL

Hot Stocks

08:07 EDT Replimune Group: Financing extends cash runway into 2025 - The company said it completed a $200M non-dilutive debt financing with Hercules Capital, Inc. The financing extends the company's cash runway into 2025 ahead of key catalysts from its registration-directed CERPASS and IGNYTE clinical trials in cutaneous squamous cell carcinoma and anti-PD1 failed melanoma, inclusive of the costs of funding commercial infrastructure and running a confirmatory clinical trial to support a potential filing for FDA approval in anti-PD1 failed melanoma under the accelerated approval pathway.
LPCN

Hot Stocks

08:07 EDT Lipocine appoints Chief Medical Officer, Chairman of the Board - Lipocine appointed George Nomikos as Chief Medical Officer and Spyros Papapetropoulos as Lead Director and Chairman of the Board. George Nomikos is a biopharmaceutical R&D scientist and psychiatry-trained clinician who until recently served as SVP, Medical & Clinical Sciences at Scholar Rock, a clinical-stage biopharmaceutical company, where he oversaw clinical development and medical functions of neuromuscular therapeutics. Dr Nomikos previously held senior positions at Biogen, Sage, Takeda, Astellas, Amgen and Eli Lilly. Papapetropoulos has been a member of Lipocine's board since April 2022. He is currently Chief Medical Officer at Vigil Neuro. Previously he served as Chief Development Officer, and SVP, Head of Development at Acadia Pharmaceuticals, CEO at SwanBio Therapeutics, and Head of Research & Development and Chief Medical Officer at Cavion.
SELB

Hot Stocks

08:07 EDT Selecta Biosciences sees cash runway into mid-2024 - Selecta had $148.0 million in cash, cash equivalents, marketable securities, and restricted cash as of September 30, 2022, as compared to cash, cash equivalents, marketable securities, and restricted cash of $129.4 million as of December 31, 2021. Net cash used in operating activities was $19.8 million for the nine months ended September 30, 2022, as compared to $28.9 million of cash used in operating activities for the same period in 2021. Selecta believes its available cash, cash equivalents, restricted cash, and marketable securities will be sufficient to meet its operating requirements into mid-2024.
PCRX

Hot Stocks

08:06 EDT Pacira not providing revenue, gross margin guidance - Since early 2020, the company's revenues have been impacted by COVID-19 and pandemic-related challenges that included the significant postponement or suspension in the scheduling of elective surgical procedures due to public health guidance and government directives. While the degree of impact has diminished during the course of the pandemic due to the introduction of vaccines and the lessening of elective surgery restrictions, certain pandemic-related operational challenges persist. It remains unclear how long it will take the elective surgery market to normalize or if restrictions on elective procedures will recur due to future COVID-19 variants or otherwise. Given the continued uncertainty around labor shortages, COVID-19 and the pace of recovery for the elective surgery market, the company is currently not providing revenue or gross margin guidance. The company is reiterating its full-year 2022 operating expense guidance as follows: Non-GAAP R&D expense of $75 million to $85 million; and Non-GAAP SG&A expense of $220 million to $230 million. Stock-based compensation of $47 million to $50 million.
HBAN

Hot Stocks

08:03 EDT Huntington Bancshares raises prime rate to 7% from 6.25%, effective November 3
HSDT

Hot Stocks

08:03 EDT Helius Medical to showcase new PoNS device - Helius Medical Technologies will showcase its innovative new Portable Neuromodulation Stimulator, PoNS, at the 99th annual American Congress of Rehabilitation Medicine, ACRM, Conference, held November 8-11 in Chicago. "The ACRM is committed to helping people live their fullest lives by improving, expanding and regaining mobility, and we're excited to exhibit at the Conference because we share the same goals," said Antonella Favit-Van Pelt, M.D., Ph.D., Helius' Chief Medical Officer. "PoNS addresses a complication that's very top-of-mind for people with MS: 70% of them report having difficulty walking, and of that group 70% identify gait deficit as the most challenging aspect of their disease."
GILT

Hot Stocks

08:00 EDT Gilat Satellite selected by Antamina for multimillion-dollar e-learning project - Gilat Satellite Networks announced that Antamina, one of the largest copper/zinc mines in the world, selected Gilat for a multimillion-dollar e-learning project in the Municipality of San Marcos, a rural area near the Antamina mine in Peru. Gilat will deploy terrestrial and VSAT backhauling for connectivity and provide services to schools in San Marcos. Through the 4-year project, thousands of students and teachers will gain access to training and educational resources, as well as laptop computers and other connected devices. "We're very proud to be chosen by Antamina to provide a 4-year e-learning project that includes the implementation and operation of a data center backhauled with terrestrial and satellite communication. While overseeing the entire project, we will provide communications, devices, training, and digital education content," said Arieh Rohrstock, Corporate SVP and General Manager, Gilat Peru. "It's projects like these that highlight how Gilat's technology and expertise are bridging the digital divide for a better tomorrow."
AVIR

Hot Stocks

07:59 EDT Atea Pharmaceuticals presents Phase 1 data for AT-752 - Atea Pharmaceuticals presented a poster highlighting favorable AT-752 Phase 1 clinical data for the treatment of dengue fever at the American Society of Tropical Medicine & Hygiene, ASTMH, 2022 Annual Meeting in Seattle, Washington. The poster is titled, "Safety, tolerability, and pharmacokinetics of AT-752, a novel nucleotide prodrug with pan-serotype activity against dengue virus: results from a Phase 1, first-in-human, dose-escalation study." "Dengue is the most prevalent mosquito-borne virus and despite its alarming increase over the last two decades, there are no direct-acting antiviral treatments available," said Jean-Pierre Sommadossi, PhD, Chief Executive Officer and Founder of Atea Pharmaceuticals. "These data demonstrate that AT-752 was well tolerated up to the highest dose tested and rapidly achieved plasma levels above the in vitro EC90. Based on these data, we anticipate that AT-752 may have the potential to rapidly inhibit dengue virus replication across all serotypes. In addition, AT-752 exhibited no pharmacokinetic sensitivity across varying ethnic populations participating in the trial." Atea is currently conducting two AT-752 clinical studies. The first study is a global, randomized, double-blind, placebo-controlled Phase 2 trial in adult patients with dengue virus infection. The study is designed to evaluate the antiviral activity, safety and pharmacokinetics of multiple doses of AT-752 in areas where dengue is endemic. The second study is a human challenge study that is being conducted in the United States. The challenge study is designed to evaluate healthy subjects who are challenged with a Dengue Virus-1 Live Attenuated Virus strain after receiving AT-752 or placebo.
NFGC

Hot Stocks

07:58 EDT New Found Gold signs definitive property option at Queensway North - New Found Gold has entered into a definitive property option agreement that grants the company the exclusive right to acquire a 100% interest in five mineral licenses located in the Province of Newfoundland and Labrador, expanding the company's Queensway North project area. The optioning of this ground adds an approximately 6.1km segment of strike along the Appleton Fault Zone. The terms of the Option Agreement include cash and share payments, and do not include any mandatory work commitments, advanced royalty payments, or granting of royalties. The company may exercise the Option by issuing an aggregate of 487,078 common shares in capital of New Found and making aggregate cash payments of $2.35B to the Optionors.
VECT

Hot Stocks

07:58 EDT Vectivbio completes enrollment for CIC cohort of STARS study - VectivBio Holding announced the completion of enrollment of the Colon-in-Continuity cohort for the company's Phase 3 STARS pivotal study investigating the long-acting synthetic GLP-2 agonist apraglutide in Short Bowel Syndrome with Intestinal Failure. STARS is a pivotal, global Phase 3 study enrolling approximately 144 patients with SBS-IF stratified 50/50 for CIC and stoma, with patients being evaluated over 48 weeks and 24 weeks respectively. This stratification will allow for the evaluation of anatomy-specific key secondary endpoints. Patients are randomized 2:1 for either once-weekly-apraglutide or placebo. The study includes an improved PS weaning algorithm tailored to remnant bowel anatomy to enhance signal detection. STARS is designed to establish a new standard of care for all patients with SBS-IF and to tailor apraglutide treatment to patients with distinct remnant bowel anatomy. The Phase 3 study is being conducted globally in 18 countries and over 80 sites.
DTST

Hot Stocks

07:58 EDT Data Storage announces realignment of management, operations - Data Storage announced a realignment of management and operations, which is expected to help accelerate the growth of the Company's core business solutions and improve profitability. The Company intends to centralize the service delivery, infrastructure and sales engineering teams. This new alignment between the Company's subsidiaries should improve margins as a result of better utilization of its technical teams and expand the use of its client proposal tools and software across the combined sales team. The Company will continue to market its products and services through the CloudFirst, Flagship and Nexxis brands. "Under the realignment, we plan to increase the focus of our direct sales representatives and channel partner organizations as extended marketers of our managed cloud disaster recovery, cloud infrastructure services and cyber security products that operate through our six technical centers across the United States and Canada," commented Chuck Piluso, CEO of Data Storage Corporation. The Company further reports that in addition to his current role as Executive Vice President of the Company, Thomas Kempster has been appointed CEO of the Company's Flagship subsidiary. Mark Wyllie has resigned as Chief Executive Officer of Flagship, and Tom Mitchell has resigned as Vice President of Sales at Flagship. Wyllie will no longer serve on the Company's Board of Directors or as an officer of the Company.
MRUS

Hot Stocks

07:57 EDT Merus sees cash, equivalents sufficient to fund operations beyond 2024
SPCE

Hot Stocks

07:57 EDT Virgin Galactic signs pact with Axiom Space for microgravity research - Virgin Galactic announced an agreement with Axiom Space, a U.S.-based commercial space company, to support a microgravity research and training mission. The Virgin Galactic spaceflight, tentatively scheduled for next year, will prepare an Axiom Space astronaut for an upcoming trip to orbit, while conducting microgravity research to supplement the work they will do on the International Space Station.
GXO

Hot Stocks

07:57 EDT GXO Logistics expands partnership with Floyd - GXO Logistics will hold a ribbon-cutting ceremony to celebrate the expansion of its partnership with innovative furniture designer and manufacturer Floyd that began in 2019. The new warehouse space, situated in a GXO Direct facility, a shared space solution in Horn Lake, Mississippi, is 120,000 square feet and will be used for picking and packing large furniture items as well as supporting kitting and returns management. Floyd uses GXO Direct to achieve highly efficient picking and packing, gain real-time visibility into its inventory levels and to put its inventory within one- or two-day ground delivery of approximately 99% of the U.S. population, reducing time-in-transit as well as damage rates and losses.
AGFY

Hot Stocks

07:56 EDT Agrify announces commercialization of PX10 hydrocarbon cannabis extractor - Agrify announced that its recently launched PX10 hydrocarbon cannabis extractor will soon be installed at three customer facilities, including through a new engagement with Alchemist Ventures in Maryland. As per the terms of the purchase agreement with Alchemist, Agrify will be providing a full suite of extraction and post-processing equipment along with specialized training services to support this new customer's vision for its extraction business. Alchemist will be outfitting its facility with the PX10 hydrocarbon extractor, as well as post-processing equipment such as vacuum ovens and bead baths, a short path distillation system, and a commercial washing system for solventless extraction. "Within the extraction space, we continue to improve the design and performance capabilities of our offerings by developing advanced and sought-after cannabis extraction equipment and technology," said Raymond Chang, Chairman and Chief Executive Officer of Agrify. "It is important to note that our commitment to innovation goes far beyond our research and development initiatives in a lab environment. Not only can we successfully turn a product vision into reality, but we also pride ourselves on being able to work closely with a growing number of prominent customers, including multi-state operators, enabling them, through our cutting-edge solutions, to grow their businesses, gain a competitive edge, and produce groundbreaking cannabis products in all different form factors."
MAQC

Hot Stocks

07:55 EDT Maquia Capital Acquisition announces adjournment of special meeting - Maquia Capital Acquisition Corporation announced that its special meeting in lieu of annual meeting of stockholders, which was originally scheduled for Tuesday, November 1, 2022 and was postponed to Thursday, November 3, 2022, has been adjourned to 10 a.m., Eastern Time, on November 4, 2022. At the Meeting, stockholders will be asked to vote on a proposal to approve an extension of the date by which Maquia must consummate an initial business combination from November 7, 2022 to May 7, 2023, or such earlier date as determined by the Company's board of directors. As of 5:00 pm Eastern Time on November 2, 2022, Maquia has received requests to redeem a total of 14,781,810 shares of Class A common stock, which requests may be withdrawn at any time prior to the Meeting, or such other date as the chairman of the board of directors may determine to be the deadline for accepting withdrawals of such redemption requests. Stockholders who wish to withdraw their previously submitted redemption requests may do so prior to the Meeting by requesting the Company's transfer agent Continental Stock Transfer & Trust Company to return such shares. If all of the redemption requests received by Maquia as of November 2, 2022 are satisfied by Maquia, the 14,781,810 shares of Class A common stock, representing 82.61% of the total outstanding shares of Class A common stock of Maquia as of November 2, 2022, would be redeemed.
TLSA

Hot Stocks

07:55 EDT Tiziana Life Sciences announces purchase of common shares by executive chairman - Tiziana Life Sciences announces that it has been notified that Panetta Partners Limited, an entity in which Gabriele Cerrone, the Executive Chairman has a beneficial interest, purchased 7,000 common shares at $0.69 per share. Cerrone's interests remain at 37.70%.
INFU SMTI

Hot Stocks

07:55 EDT InfuSystem and Sanara MedTech announce wound therapy partnership - InfuSystem (INFU) and Sanara MedTech (SMTI) announced the establishment of a partnership, SI Wound Care, focused on delivering a complete wound care solution targeted at improving patient outcomes, lowering the cost of care, and increasing patient and provider satisfaction. The partnership is expected to enable InfuSystem to offer innovative products including Cork Medical negative pressure wound therapy devices and supplies and Sanara's advanced wound care product line to new customers through the jointly controlled entity.
PYR

Hot Stocks

07:53 EDT PyroGenesis announces participation in decarbonization 'fuel-switching' project - PyroGenesis Canada announces that, further to its press release dated April 20th, 2022 which provided an update on its Aluminum Business offerings, the Company has been engaged by a major international aluminum company to help in their decarbonization efforts, with a specific goal to investigate the feasibility of applying PyroGenesis' plasma torches as a heating source in their cast house furnaces. At the request of the Client, and for competitive reasons, the Client's name will remain confidential. "This Agreement is a major step as it is the first with this Client whose standing within the global aluminum industry is almost unparalleled," said Mr. P. Peter Pascali, CEO and Chair of PyroGenesis. "Few companies within the sector have such a positive and progressive reputation for driving the industry forward with new and better approaches. We are proud to be under consideration as part of their global strategy to help with their decarbonization efforts. This is one of many companies that we are working with, who have publicly acknowledged a need to reduce emissions and are constantly working to develop aluminum alloys with a low carbon footprint."
QNRX

Hot Stocks

07:53 EDT Quoin Pharmaceuticals announces updated Q3 conference call timing - Quoin Pharmaceuticals announced updated timing for its third quarter 2022 business update conference call and webcast. The conference call and webcast will now take place at 10:00am ET on Thursday November 10th, 2022. The third quarter 2022 financial results will be reported before the open of the financial markets on the same day, Thursday November 10, 2022.
BABYF

Hot Stocks

07:52 EDT Else Nutrition goes on-shelf at 161 Giant Foods stores, pharmacies - Else Nutrition announces that Giant Food has placed Else Nutrition Toddler Complete Nutrition and Kids Vanilla Shake products in 161 locations. This is a significant increase in Else product availability in the Eastern States of Delaware, Maryland, Virginia, and the District of Columbia with more than double the number of retail locations now available. This is also the first Ahold Delhaize account for Else Nutrition and a major milestone for the company working with another large, multi-national retailer. "We are proud to work with Giant which has a rich history of providing quality to consumers since 1936," said Hamutal Yitzhak, CEO, and Co-Founder of Else Nutrition. "Giant is a retailer focused on the healthiest eating choices, so we see a strategic match here with Else, by providing our complete nutrition, minimally processed products to Giant consumers and families."
ACM

Hot Stocks

07:52 EDT Aecom selected for major works package in Melbourne, Australia - Aecom has been selected, with partners Acciona and MACA Civil, as the Preferred Proponent to develop a plan to deliver the North Package, a major package of works with the North East Link Program, Victoria, Australia - the state's biggest road project and largest ever investment in Melbourne's north-east. Aecom is expected to provide a range of engineering, design, and advisory services to support the development and delivery of the project.
ABEO

Hot Stocks

07:51 EDT Abeona Therapeutics announces positive topline results in phase 3 VIITAL study - Abeona Therapeutics "announced positive topline data from its pivotal Phase 3 VIITAL study assessing the safety and efficacy of EB-101 for the treatment of patients with recessive dystrophic epidermolysis bullosa. The VIITAL study met its two co-primary efficacy endpoints demonstrating statistically significant, clinically meaningful improvements in wound healing and pain reduction in large chronic RDEB wounds."
KURA...

Hot Stocks

07:50 EDT Kura Oncology enters financing transactions with Bristol-Myers Hercules Capital - Kura Oncology (KURA) announced a $25 million equity investment from Bristol Myers Squibb (BMY) and a term loan facility with access to up to $125 million from Hercules Capital, Inc. (HTGC). If the term loan is fully drawn, proceeds from these two transactions together with existing cash are expected to fund Kura's current operating plan into 2026. Kura has agreed to sell 1,370,171 shares to Bristol Myers Squibb at a price of $18.25 per share for gross proceeds of $25 million. The shares of common stock were offered and sold to Bristol Myers Squibb in a registered direct offering. In connection with the equity investment, Bristol Myers Squibb will appoint a member to Kura's Global Steering Committee. Kura will maintain full ownership and control of its programs and operations. Under the terms of the loan agreement with Hercules Capital, $10 million will be drawn immediately after closing and an additional $15 million is immediately available to Kura at its sole discretion. Kura may draw an additional $75 million in two separate tranches upon achievement of near-term clinical milestones. An additional $25 million may be drawn in a fourth tranche, subject to the approval of Hercules Capital. The loan bears an initial interest rate of 8.65% and adjusts with future changes in the prime rate. Kura will pay interest only for the first 24 months, extendable to up to 48 months on achievement of certain milestones. The loan matures 60 months from closing in November 2027.
KYMR

Hot Stocks

07:50 EDT Kymera Therapeutics appoints Sandor to board of directors - Kymera Therapeutics announced the appointment of Victor Sandor, M.D.C.M., to its Board of Directors. Kymera also announced that Don Nicholson, PhD, who has served on Kymera's Board of Directors for the past five years, will retire from his position. Dr. Sandor was most recently Chief Medical Officer at Array BioPharma.
NUWE

Hot Stocks

07:49 EDT Nuwellis announces peer reviewed data on kidney replacement therapy - Nuwellis announced the publication of promising clinical data supporting the use of kidney replacement therapy with ultrafiltration to treat preterm, low weight neonates with end-stage kidney disease in Pediatrics. The investigator-led, retrospective study examined seven preterm neonates with end-stage kidney disease who were successfully managed using an innovative approach to kidney replacement therapy using a physician modified Aquadex SmartFlow ultrafiltration system, which is cleared by the U.S. Food and Drug Administration only for use in adults and pediatric patients weighing 20 kg or more. Five of the seven newborns survived to hospital discharge. "Physicians continue to express the urgent need for neonatal fluid management therapies designed to support small children and infants," said Nestor Jaramillo, Jr., President and CEO of Nuwellis. "We remain committed to developing safe innovations and bringing them to market as quickly as possible to address this critical unmet need. This patient population continues to be an important and fast-growing segment of our business."
CARA MCRB

Hot Stocks

07:49 EDT Cara Therapeutics appoints Lisa von Moltk to board of directors - Cara Therapeutics (CARA) announced the appointment of Lisa von Moltke, M.D., to its Board of Directors. Dr. von Moltke currently serves as Executive Vice President and Chief Medical Officer at Seres Therapeutics (MCRB).
MBOT

Hot Stocks

07:47 EDT Microbot Medical receives additional patent allowance in Israel - Microbot Medic continues to aggressively protect its global intellectual property portfolio for the LIBERTY Robotic System as an additional patent allowance was issued by the Israeli Patent Office, covering the modular concept, and compliments a corresponding application that was previously granted by the U.S. Patent and Trademark Office. The allowed claims cover the unique modular and versatile design of the LIBERTY Robotic system allowing for the manipulation of a variety of tools. The Company expects the allowed claims to reinforce the position of the LIBERTY Robotic System as the first fully disposable, fully sterilized, robotic system for endovascular procedures.
WMS

Hot Stocks

07:47 EDT Advanced Drainage announces quarterly dividend of 12c per share, up 9% y/y - Advanced Drainage Systems announced that its Board of Directors has approved a quarterly cash dividend to its shareholders in the amount of 12c per share, a 9% increase over the prior year dividend amount. The quarterly cash dividend will be paid on December 15 to shareholders of record at the close of business on December 1.
VRAX

Hot Stocks

07:44 EDT Virax Biolabs launches RSV-Influenza-COVID Triple Virus Antigen Rapid Test Kit - Virax Biolabs announced the distribution of a RSV-Influenza-COVID Triple Virus Antigen Rapid Test Kit has been launched in markets accepting the CE mark, such as the European Union. The test kits are for use in both at-home and in point-of-care settings to accurately identify infections related to respiratory syncytial virus, influenza and COVID-19 with results typically available in 15 minutes. The specialized diagnostic kits can be found by contacting the company's sales representatives.
BBIO

Hot Stocks

07:44 EDT BridgeBio sees cash runway into 2024 - "We continue to take action to protect the Company, shore up our balance sheet, and preserve capital to read out our upcoming key catalysts," said Brian Stephenson, Ph.D., CFA, Chief Financial Officer of BridgeBio. "We expect that cash burn will continue to decline in the fourth quarter as a result of ongoing potential business development and restructuring activities. Cash on hand provides us with runway into 2024, and we will continue to look for ways to extend runway via potential royalty monetizations, partnerships, and burn reduction."
CELZ

Hot Stocks

07:42 EDT Creative Medical Technology: FDA clears IND application for AlloStem - Creative Medical Technology announced that the U.S. FDA has cleared the company's Investigational New Drug application, enabling the company to proceed with initiating a clinical trial for Type 1 Diabetes using AlloStem.
XOMA

Hot Stocks

07:40 EDT Xoma expects cash to be sufficient to fund operations for multiple years - On September 30, 2022, XOMA had cash of $78.3 million. In August 2022, XOMA received a $0.5 million cash payment from Roche, representing the first commercial payment for XOMA's 0.5% commercial interest in the sales of VABYSMO. The payment was recorded in the Company's condensed consolidated balance sheet as of September 30, 2022, as a reduction of long-term royalty and commercial payment receivables. On October 17, 2022, the Company paid cash dividends on the 8.625% Series A Cumulative Perpetual Preferred Stock equal to $0.53906 per share and cash dividends on the 8.375% Series B Cumulative Perpetual Preferred Stock equal to $0.52344 per depositary share. The Company ended December 31, 2021, with cash and restricted cash of $95.4 million. After paying its remaining debt obligations in the second quarter of 2021, XOMA has no debt on its balance sheet. The Company continues to believe its current cash position will be sufficient to fund XOMA's operations for multiple years.
KURA

Hot Stocks

07:38 EDT Kura Oncology expects cash to fund operations into 2026 - Cash, cash equivalents and short-term investments totaled $427.8 million as of September 30, 2022, compared with $518.0 million as of December 31, 2021. Management believes that cash, cash equivalents and short-term investments, plus cash from the term loan facility from Hercules, if fully drawn, will be sufficient to fund its current operating plan into 2026.
DOOR

Hot Stocks

07:37 EDT Masonite unit to acquire Endura Products for $375M in cash - Masonite announced that a wholly owned subsidiary has entered into a definitive agreement to acquire the holding company of Endura Products for approximately $375M in cash, subject to customary closing adjustments and regulatory approval. Endura is am innovator and manufacturer of high-performance door frames and door system components. Masonite plans to integrate the Endura business into its North American Residential business segment. Bruce Procton and his leadership team will remain part of the business to ensure a smooth transition for Endura customers and to focus on new product development and commercialization. A cross-functional team has been formed to plan the integration and deliver anticipated synergies, including sourcing and other cost synergies as well as longer-term opportunities for growth. The transaction will be funded with a combination of cash on hand, borrowings under the recently upsized ABL credit facility and an expected new term loan. The transaction is currently expected to close near the end of 2022, subject to the satisfaction of customary closing conditions, including expiration of the waiting period under the Hart Scott Rodino Antitrust Improvements Act.
NOG

Hot Stocks

07:35 EDT Northern Oil and Gas raises quarterly cash dividend 20% to 30c per share - The dividend is payable on January 31, 2023, to stockholders of record as of the close of business on December 29, 2022.
BKKT

Hot Stocks

07:34 EDT Bakkt to acquire Apex Crypto for $200M - Bakkt Holdings has signed a definitive agreement to acquire Apex Crypto, LLC from Apex Fintech Solutions. This acquisition is expected to significantly bolster Bakkt's cryptocurrency product offering and expand its footprint into additional client verticals including fintechs, trading app platforms, and neo-banks. Under the terms of the transaction, Bakkt and Apex Fintech Solutions will enter into a commercial agreement that memorializes the continued relationship and provision of Bakkt crypto solutions to Apex's 220+ clients. As part of the ongoing collaboration, Apex Fintech Solutions will have the opportunity to bring Bakkt's leading platform solutions to its clients. Under the terms of the agreement, Bakkt will acquire Apex Crypto for a maximum purchase price of $200M. Bakkt will initially pay $55M in cash at the closing of the deal, and up to $45M in Bakkt stock depending on the achievement of financial targets by the acquired business in the fourth quarter of 2022; up to an additional $100M in Bakkt stock and seller notes may be paid depending on the achievement of financial targets by the acquired business through 2025. The transaction is expected to close in the first half of 2023 and is subject to required regulatory approvals.
MRNA

Hot Stocks

07:32 EDT Moderna sees revenue from APAs for product sales $18B-$19B in 2022 - Advance Purchase Agreements: Revenue from Moderna's APAs for product sales for anticipated delivery in 2022 are expected to be $18-19 billion, reflecting deferrals of $2-$3 billion to 2023. Cost of Sales: Cost of sales as a percentage of product sales are now expected to be 26-28% of sales, with the upper end of the range potentially driven by further charges due to product updates. Research & Development and Selling, General & Administrative Expenses: Full-year expenses are expected to be approximately $4 billion. Tax Rate: The Company expects an effective tax rate for the full year in the low- to mid-teen percentage range. Capital Expenditures: The Company expects capital investments for 2022 of approximately $0.5 billion.
CCOI

Hot Stocks

07:29 EDT Cogent increases quarterly dividend 1.1% to 91.5c per share - On November 2, Cogent's board approved a regular quarterly dividend of 91.5c per share payable on December 2 to shareholders of record on November 18. This fourth quarter regular dividend represents an increase of 1c per share, or 1.1%, from Q3 regular dividend of 90.5c per share and an annual increase of 10.2% from the fourth quarter 2021 dividend of 83c per share.
MDU

Hot Stocks

07:29 EDT MDU Resources authorizes strategic review for MDU Construction Services Group - As the next step of MDU Resources' strategic planning, the board of directors has unanimously determined the best way to optimize value would be to create two pure-play companies: a leading construction materials company and a pure-play regulated energy delivery company. Accordingly, the board has authorized management to commence a strategic review process for MDU Construction Services Group, Inc. with the objective of achieving the board's goal of creating two pure-play public companies. MDU Resources is working to complete the separation of Knife River, which, as previously announced, is expected to be effected as a tax-free spinoff to MDU Resources shareholders to be completed in 2023. Knife River is a top producer of construction aggregates in the United States. "We believe these steps will unlock significant value for MDU shareholders," CEO Goodin said. "Having two pure-play companies would provide each company the opportunity to execute its individual business plans and achieve industry-leading performance."
KYMR

Hot Stocks

07:26 EDT Kymera Therapeutics expects cash to fund plans at least into 2025 - As of September 30, 2022, Kymera had approximately $595.6 million in cash, cash equivalents, and investments. Kymera expects that its cash, cash equivalents, excluding any future potential milestones from collaborations, will enable the Company to fund its operational plans at least into 2025 while the Company continues to identify opportunities to accelerate growth and expand its pipeline, technologies, and clinical indications.
TFX

Hot Stocks

07:25 EDT Teleflex recalls certain Gibeck Iso-Gard Filter products - Teleflex has announced a worldwide recall of affected lots of the below-referenced Gibeck Iso-Gard Filter products. The Gibeck Iso-Gard Filter is a bacterial and viral filter, intended for connection to respiratory equipment in intensive care units and operating theatres to protect the equipment from potential airborne contaminants. Teleflex initiated this voluntary recall on August 29, 2022 due to reports received indicating that the device split or detached during use. Teleflex is currently issuing an expansion to this recall to include additional lots. Select lots of the device manufactured between December 17, 2019 and March 26, 2022 are subject to this recall and its expansion.
KYMR

Hot Stocks

07:25 EDT Kymera Therapeutics announces anticipated upcoming milestones - Deliver KT-474 patient cohort data to partner Sanofi for their decision to proceed to Phase 2 4Q22; Receive IND clearance for KT-253, Kymera's MDM2 degrader that has the potential to be effective in a wide range of hematological malignancies and solid tumors 4Q22; Present KT-253 preclinical translational data that will inform indications strategy 4Q22; Share clinical data from KT-474 patient cohort in HS and AD patients and clinical oncology pipeline at a company webcast on December 14, 2022.
FOCS

Hot Stocks

07:25 EDT Focus Financial CFO sees resiliency, stability of results to continue - Jim Shanahan, Chief Financial Officer of Focus, said: "The strength of our results this past quarter was again evident, as we exceeded our guidance on all measures. Our performance benefitted from our diversified sources of revenue, the highly variable nature of our management fees and our structural earnings preference. We expect that the resiliency and stability of our results will continue to be evident as we navigate the current market turbulence. We are executing well against our M&A pipeline, and we remain confident that we will weather the current challenges and emerge well-positioned to capitalize on the forward growth opportunity within our industry. Our international partnership of 87 like-minded firms, led by dynamic management teams, is highly differentiated in the independent wealth management space. Our value proposition continues to resonate with firms in the industry and we are a highly sought-after partner."
CCCC

Hot Stocks

07:24 EDT C4 Therapeutics expects cash to fund operations to end of 2024 - Cash, cash equivalents and marketable securities as of September 30, 2022, were $366.0 million, compared to $451.5 million as of December 31, 2021. The decrease in cash was primarily driven by expenditures to fund operations. C4T expects that its cash, cash equivalents and marketable securities as of September 30, 2022, together with future payments expected to be received under existing collaboration agreements, will be sufficient to fund planned operating expenses and capital expenditures to the end of 2024.
WCC

Hot Stocks

07:22 EDT Wesco sees FY22 revenue growth 12%-14%, reported sales up 15%-17% - Revenue consensus is $21.27B. Sees FY adjusted EBITDA margin 7.9%-8%. Comments taken from Q3 earnings conference call presentation slides.
AUTL

Hot Stocks

07:19 EDT Autolus Therapeutics sees cash runway into 2024 - Autolus estimates that its current cash on hand and anticipated milestone payments in the relevant period from Blackstone extends the Company's runway into 2024.
AGIO

Hot Stocks

07:18 EDT Agios Pharmaceuticals expects cash to fund operations through catalysts - Cash, cash equivalents and marketable securities as of September 30, 2022, were $1.0 billion compared to $1.4 billion as of September 30, 2021. This cash position does not include the receipt of a one-time payment of $131.8 million associated with the sale of royalty rights on U.S. net sales of Servier's TIBSOVO. Agios expects that its cash, cash equivalents and marketable securities will enable the company to execute its operating plan through major catalysts and to cash-flow positivity without the need to raise additional equity.
TGLS

Hot Stocks

07:12 EDT Tecnoglass raises quarterly dividend 15% to 7.5c per share - The Company declared a quarterly cash dividend of $0.075 per share for the third quarter of 2022, representing a 15% increase from the previous dividend, which was paid on October 31, 2022 to shareholders of record as of the close of business on September 30, 2022.
CROX

Hot Stocks

07:12 EDT Crocs sees Crocs Brand revenues $5B by 2026 - Expects: HEYDUDE Brand revenues to now be over $1.0 billion in 2023. Consolidated adjusted operating margins to still exceed 26% by 2026. Gross leverage to still be below 2.0x by mid-year 2023 following strong earnings and cash flow expectations for 2022.
TGLS

Hot Stocks

07:11 EDT Tecnoglass board authorizes $50M share repurchase program - On November 3, 2022, the Company's Board of Directors authorized Tecnoglass to buy back up to $50 million of its common shares. The timing and amount of any share repurchases under the share repurchase program will be determined by Tecnoglass management at its discretion based on ongoing assessments of the capital needs of the business, the market price of Tecnoglass common stock and general market conditions. Share repurchases under the program may be made through a variety of methods, which may include open market purchases, in block trades, trading plans in accordance with Rule 10b-5 under the Securities Exchange Act of 1934, as amended, or any combination of such methods. Open market purchases will be made in compliance with the "safe harbor" provisions of Rule 10b-18 under the Exchange Act. The program does not obligate Tecnoglass to acquire any particular amount of its common stock, has no set expiration date and may be suspended or discontinued at any time at the Company's discretion subject to applicable securities laws.
NS

Hot Stocks

07:08 EDT NuStar Energy sees FY22 net income $193M-$205M - "We expect to generate full-year 2022 net income in the range of $193 to $206 million and full-year 2022 adjusted EBITDA in the range of $700 to $730 million," said Shoaf. He also noted that NuStar now plans to spend $105 to $125 million in strategic capital in 2022. "We still expect to allocate almost $60 million to growing our Permian system and plan to spend about $10 million to expand our West Coast Renewable Fuels Network," said Shoaf. "In addition, we now expect to spend between $30 and $40 million on reliability in 2022."
BKE

Hot Stocks

07:08 EDT The Buckle reports October comparable sales up 1.4% year-over-year - The Buckle reported comparable store net sales, for stores open at least one year, for the 4-week period ended October 29, increased 1.4% from comparable store net sales for the 4-week period ended October 30, 2021. Net sales for the 4-week fiscal month ended October 29, 2022 increased 2.3% to $98.8M from net sales of $96.6M for the prior year 4-week fiscal month ended October 30, 2021. Comparable store net sales for the 13-week Q3 ended October 29, 2022 increased 3.0% from comparable store net sales for the 13-week period ended October 30, 2021. Net sales for the 13-week fiscal quarter ended October 29, 2022 increased 4.0% to $332.3M from net sales of $319.4M for the prior year 13-week fiscal quarter ended October 30, 2021.
ATNX

Hot Stocks

07:08 EDT Athenex extends cash runway into next year - As of September 30, 2022, the Company had cash and cash equivalents, restricted cash, and short-term investments of $41.4 million. The Company is implementing cost savings programs and monetizing non-core assets, and as the Company completes such activities, the Company plans to extend its cash runway into next year.
KROS

Hot Stocks

07:07 EDT Keros Therapeutics expects cash to fund requirements into 1Q25 - Keros' cash and cash equivalents as of September 30, 2022 was $239.4 million compared to $230.0 million as of December 31, 2021. Keros expects that the cash and cash equivalents it had on hand at September 30, 2022, together with the net proceeds from the ATM offering through October 31, 2022, will enable Keros to fund its operating expenses and capital expenditure requirements into the first quarter of 2025.
PTON

Hot Stocks

07:07 EDT Peloton falls 14% to $7.45 after Q1 earnings miss
PTON

Hot Stocks

07:07 EDT Peloton reports Q1 members up 6% y/y, down 3% q/q at 6.7M - Reports Q1 average net monthly connected fitness churn 1.1%, up 30bps y/y, down 30bps q/q. The company states: "We ended the quarter with 2.97 million Connected Fitness subscriptions. Gross additions were modestly ahead of internal expectations, primarily driven by higher than anticipated secondary market activations. Excluding reactivations of Canadian Member accounts that we proactively churned at the close of 4Q22, we recorded approximately 3 thousand net Connected Fitness subscription additions in the quarter. Member count declined sequentially to 6.7 million, reflecting the roll-off of a COVID-impacted quarter from our trailing 12-month calculation and the decline of Peloton App subscribers in the quarter. Average Net Monthly Connected Fitness Churn for the quarter was 1.1%, in-line with our internal forecast and materially lower than seen in June when we implemented our first price increase for our All-Access Connected Fitness subscription. Excluding reactivations of Canadian CF subscriptions mentioned above, churn would have been 1.2%."
ATNX

Hot Stocks

07:06 EDT Athenex announces receipt of positive Nasdaq listing determination - Athenex announced that a Nasdaq Hearings Panel has granted the company's request for continued listing on The Nasdaq Stock Market, subject to the Company's satisfaction of the minimum $1.00 bid price requirement by March 14, 2023. To evidence compliance with the minimum bid price requirement, the Company's common stock must close at or above $1.00 per share for a minimum of 10 consecutive business days by March 14, 2023.
FLWS

Hot Stocks

07:06 EDT 1-800-Flowers.com sees generating over $75M in free cash flow in FY23
COP

Hot Stocks

07:05 EDT ConocoPhillips sees Q4 production 1.74-1.80 MMBOED - Fourth-quarter 2022 production is expected to be 1.74 to 1.80 million barrels of oil equivalent per day MMBOED . The company's full-year expected production remains unchanged at 1.74 MMBOED. The company updated its 2022 operating capital guidance to $8.1 billion versus the prior guidance of $7.8 billion, reflecting inflationary impacts and partner-operated well mix in the Lower 48. This guidance excludes $1.7 billion of capital associated with the closed acquisitions of an additional 10% interest in APLNG and bolt-on acquisitions in the Lower 48. Full-year guidance for adjusted operating cost is $7.7 billion versus the prior guidance of $7.5 billion, reflecting inflationary impacts in the Lower 48. Full-year guidance for depreciation, depletion and amortization has decreased from $7.6 billion to $7.5 billion. Full-year guidance for adjusted corporate segment net loss remains at $0.9 billion.
DDOG

Hot Stocks

07:04 EDT Datadog acquires Cloudcraft; terms not disclosed - Datadog announced it has acquired Cloudcraft, a visualization service for cloud and system architects to create real-time diagrams of their cloud infrastructures. "Our goal is to help organizations make better cloud architecture decisions by creating real-time visualizations built on data and metrics," said Tomas Junnonen, Founder and CEO of Cloudcraft. "The acquisition by Datadog will enable us to further this mission through richer models, actionable insights and multi-cloud support."
H

Hot Stocks

06:59 EDT Hyatt sees FY22 system-wide RevPAR up 60%-65% y/y, down 7%-down 4% vs. 2019 - Sees FY22 net room growth up 6.5% y/y.
REGN

Hot Stocks

06:49 EDT Regeneron sees FY22 gross margin on net product sales 92.5%-93% - Sees FY22 capital expenditures $580M-$615M. Sees FY22 effective tax rate 13%-14%. "Our third quarter 2022 financial performance reflects strong commercial momentum across our business, highlighted by 11% revenue growth when excluding contributions from REGEN-COV and Ronapreve," said Robert Landry, executive VP, finance and CFO of Regeneron. "We continued to drive shareholder value creation by realizing the benefits of our sustained investment in R&D, focusing on commercial execution, and allocating over $2.8 billion to share repurchases and business development initiatives in the first nine months of 2022."
GSK

Hot Stocks

06:45 EDT GSK reports EAGLE-2, EAGLE-3 trials for gepotidacin stopped early for efficacy - GSK plc announced that the pivotal phase III EAGLE-2 and EAGLE-3 trials evaluating gepotidacin, an investigational treatment for uncomplicated urinary tract infection, or uUTI, in female adults and adolescents, will stop enrolment early for efficacy following a recommendation by the Independent Data Monitoring Committee, or IDMC. This decision was based on a pre-specified interim analysis of efficacy and safety data in over 3000 patients across the trials. The EAGLE-2 and EAGLE-3 trials met the primary efficacy endpoint of combined clinical and microbiological resolution following treatment at the Test-Of-Cure visit for gepotidacin versus nitrofurantoin in patients with a confirmed uUTI and a uropathogen sensitive to nitrofurantoin. The IDMC review did not identify any safety concerns. The EAGLE-2 and 3 trials are now closed for recruitment, with final study visits and data collection anticipated during the first quarter of 2023. GSK will work with regulatory authorities to commence regulatory filings for gepotidacin in H1 2023. The full results will also be submitted for presentation at a scientific congress and for publication in a peer-reviewed journal in 2023. Chris Corsico, SVP, Development, GSK, said: "Uncomplicated urinary tract infections are the most common outpatient infection with over half of all women developing a uUTI during their lifetime and more than a quarter of women suffering from recurrent uUTIs. There has been no new class of oral antibiotics for uUTI for over 20 years. With the number of uUTIs caused by resistance bacteria increasing, new antibiotic treatments are necessary. The IDMC's recommendation to stop the EAGLE-2 and 3 trials early for efficacy provides GSK with the opportunity to engage regulatory authorities as we work together to bring a new class of antibiotics to patients with uUTIs."
LAC

Hot Stocks

06:44 EDT Lithium Americas intends to split into two independent public companies - Lithium Americas is pleased to announce that, after months of review by the company, along with its advisors and the Board of Directors, it intends to advance a reorganization that will result in the separation of its North American and Argentine business units into two independent public companies. The Separation will establish two separate companies that include: An Argentina focused lithium company ("Lithium International") owning Lithium Americas' current interest in its Argentine lithium assets, including the near-production Cauchari-Olaroz lithium brine project in Jujuy, Argentina ("Cauchari-Olaroz"); and A North America focused lithium company ("Lithium Americas (NewCo)") owning the Thacker Pass lithium project in Humboldt County, Nevada ("Thacker Pass") and the Company's North American investments. "Following a comprehensive review of the merits of separating Lithium Americas into two public entities, we have reinforced our beliefs that separating the North American and Argentine businesses will facilitate unlocking the full potential of their significant asset base to deliver maximum value to our shareholders and other stakeholders," said Jonathan Evans, President and CEO. "Upon completion of the Separation, Lithium Americas shareholders will retain ownership in two leading lithium businesses - one of the largest known lithium developments in North America, which is central to the U.S. domestic supply chain, and a near-term producing portfolio with significant growth from two high-quality projects in Argentina." The execution plan currently provides for completion of the separation by the end of 2023.
COMM

Hot Stocks

06:33 EDT CommScope still sees FY23 core adjusted EBITDA $1.35B-$1.50B
PROK

Hot Stocks

06:24 EDT ProKidney: UK MHRA allows Phase 3 study protocol for proact 1 (REGEN-006) - ProKidney announced the allowance of the proact 1 (REGEN-006) Phase 3 study protocol for its investigational candidate REACT by the United Kingdom's MHRA. This follows submission of a clinical trial application for the proact 1 Phase 3 study protocol previously allowed by the FDA in the United States, where recruitment is actively underway, and now allows ProKidney to begin patient recruitment at clinical trial sites in the UK. In a related regulatory development, ProKidney also received favorable scientific advice from the European Medicines Agency on the adequacy of its Phase 3 development program, consisting of proact 1 and proact 2, to support an eventual marketing authorization application.
PTEN

Hot Stocks

06:23 EDT Patterson-UTI reports an average of 131 drilling rigs operating in October - Patterson-UTI reported that for the month of October, the company had an average of 131 drilling rigs operating in the United States.
ING

Hot Stocks

06:22 EDT ING Groep on track to meet previously communicated financial targets - ING CEO Steven Van Rijswijk said, "We're on track to reach our financial targets as communicated in June. I'm confident we're well positioned to face thechallenges and capture the opportunities ahead of us, as we continue to create value for all stakeholders, support our customers and facilitate the transition to a low-carbon economy."
TUYA

Hot Stocks

06:22 EDT Tuya receives noncompliance letter from NYSE - Tuya announced that it has received a letter from the New York Stock Exchange dated November 2, notifying Tuya that it is below compliance standards due to the trading price of its American Depositary Shares.
LICY

Hot Stocks

06:21 EDT Li-Cycle, VinES announce global battery recycling partnership - Li-Cycle and Vines Energy Solutions, a Vingroup company that specializes in the research, development and manufacturing of advanced batteries for mobility and energy storage applications, are pleased to announce the launch of a global recycling partnership. Vingroup is the largest private conglomerate in Vietnam. Under the new partnership, the companies are exploring global recycling solutions for VinES and VinFast, a global electric vehicle manufacturer that is also part of Vingroup. The new partnership is expected to support VinES and VinFast in their creation of a closed-loop battery supply chain to enhance their environmental goals and contribute to the global electrified revolution with green mobility solutions. It will also establish mutually beneficial global connections with all parties and strengthen Li-Cycle's broad and diverse relationships with leading battery and electric vehicle manufacturers.
ING

Hot Stocks

06:21 EDT ING Groep director Mariana Gheorghe decides not to stand for reappointment - ING announced that Mariana Gheorghe has decided not to be available for reappointment to the Supervisory Board at the next General Meeting of Shareholders, in 2023. Mariana Gheorghe was appointed a member of the Supervisory Board at the General Meeting in May 2015 and was reappointed for a second term of four years in 2019. Mariana Gheorghe is a member of the Nomination and Corporate Governance Committee, the Remuneration Committee, Risk Committee and the ESG Committee and will continue in her roles until her current term ends at the General Meeting in 2023. The process of selecting and nominating a candidate for appointment to the Supervisory Board at the 2023 General Meeting is underway.
KBR

Hot Stocks

06:21 EDT KBR awarded $120M in contracts for modeling, data science - KBR announced it has been awarded two contracts totaling over $120M to conduct advanced analytics, modeling, estimation, research, integrated program management, acquisition technical assistance, architecture trade studies, data science, and data management, in support of the U.S. government's evaluation of strategic space system acquisitions. Under the terms of the contracts, KBR will develop analytic products and systems engineering services that inform investment decisions for major systems acquisitions, with an emphasis on spacecraft systems, information technology systems, and space system sustainment activities. Work is expected to be performed through 2027.
ING

Hot Stocks

06:19 EDT ING Groep announces share buyback programme of up to EUR 1.5B - The company said, "ING announced the start of a share buyback programme under which it plans to repurchase ordinary shares of ING Groep N.V., for a maximum total amount of EUR 1.5 billion. The purpose of the share buyback programme is to reduce the share capital of ING. It is a next step in converging our CET1 ratio towards our target of around 12.5% by 2025, as announced during our Investor Update in June 2022. ING Group's CET1 ratio was 14.7% at the end of the third quarter of 2022 which is well above the prevailing CET1 ratio requirement of 10.52%. The buyback programme will have an expected pro-forma impact of roughly 44 bps on our CET1 ratio. The share buyback programme will commence on 3 November 2022 and is expected to end no later than 30 December 2022. Any remaining amount of the programme after the end date will be paid out in cash to shareholders on 16 January 2023."
C

Hot Stocks

06:19 EDT Citi raises base lending rate to 7% from 6.25%, effective November 3
XFOR

Hot Stocks

06:18 EDT X4 Pharmaceuticals Chief Medical Officer, Dr. Diego Cadavid, to depart - X4 announced that its Chief Medical Officer, Dr. Diego Cadavid, intends to depart the company by the end of 2022, but will continue to support X4 as a consultant. Dr. Cadavid, still a practicing neurologist, is leaving to pursue an opportunity that closely aligns with his commitment to patients with intractable CNS disorders. X4 is appointing Dr. Murray Stewart as interim Chief Medical Officer while it conducts a search for a permanent replacement for Dr. Cadavid.
MD

Hot Stocks

06:16 EDT Mednax sees 2022 adjusted EBITDA $240M-$245M
WTS

Hot Stocks

06:15 EDT Watts Water sees Q4 organic growth 5%-8%, adj. operating margin 13.7%-14.2% - Sees "seasonally strong" free cash flow in Q4. Comments taken from Q3 earnings conference call presentation slides.
MUR

Hot Stocks

06:13 EDT Murphy Oil revises 2022 accrued CAPEX guidance to $975M-$1.025B - Murphy is revising its annual 2022 accrued CAPEX guidance, with an 8 percent increase in the midpoint and an adjusted range of $975 million to $1.025 billion, excluding acquisitions. The majority of the $75 million revision is due to operated offshore scope changes, with approximately $40 million of the increase attributable to Gulf of Mexico projects, including the addition of the new Samurai #5 well (Green Canyon 432). Approximately $20 million of the revision is primarily attributable to the Eagle Ford Shale, in particular non-operated activity, with approximately $10 million associated with non-operated Gulf of Mexico activity and $5 million for additional exploration costs.
LXP

Hot Stocks

06:07 EDT LXP Industrial Trust increases quarterly dividend 4.2% to 12.5c per share - LXP declared a regular quarterly common share/unit dividend/distribution for the quarter ending December 31, 2022 of 12.5c per common share/unit payable January 17, 2023 to common shareholders/unitholders of record as of December 30, 2022. This represents an increase of 4.2% from the previous quarterly per share common share/unit dividend/distribution and equates to an annualized increase of 2c per common share/unit and an annualized dividend/distribution of 50c per common share/unit, subject to and assuming future declarations.
BAESY

Hot Stocks

05:58 EDT BAE Systems secures GBP 80M contract for Typhoon - BAE Systems will continue to service and support the Eurofighter Typhoon aircraft's avionics for the platform's founding nations' air forces in Germany, Spain, the United Kingdom, and Italy, for the next five years. The agreements, worth GBP 80M, secure ongoing service and repairs for key avionics equipment such as displays, flight controls, and Helmet Mounted Displays, ensuring that the Typhoon is ready for deployment at all times.
NE

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05:57 EDT Noble Corp. sees Q4 adjusted EBITDA $155M-$175M - For Q4, Noble announced a guidance range for adjusted EBITDA of $155M to $175M. Capital expenditures are expected to range between $65M and $85M. These estimates reflect the October 3 closing date of the Maersk Drilling business combination and the October 5 sale of five jackups to Shelf Drilling. Commenting on Noble's outlook, Eifler stated, "Our leadership team's extensive worldwide travel to meet with employees and customers in recent weeks has only reinforced our confidence in the talent that we have assembled and the tremendous opportunity at hand for Noble. Despite global macroeconomic uncertainty, the fundamentals in our business, particularly in the deepwater segment, remain very promising, and Noble is poised and ready to execute as a new and dynamic leader in offshore drilling."
PARA

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05:56 EDT NY AG secures $30.5M from CBS, Moonves for hiding sexual assault claims - New York Attorney General Letitia James on Wednesday secured $30.5M from CBS and former CBS President and CEO, Leslie Moonves, for concealing sexual assault allegations against Moonves, misleading investors about those allegations, and insider trading. An investigation by the Office of the Attorney General found that CBS and its senior leadership knew about multiple allegations of sexual assault made against Moonves and intentionally concealed those allegations from regulators, shareholders, and the public for months. The investigation also revealed that another senior executive at CBS - one of the few people who knew about the allegations - sold millions of dollars of CBS stock in the weeks before the allegations became public. "CBS and Leslie Moonves' attempts to silence victims, lie to the public, and mislead investors can only be described as reprehensible," said Attorney General James. "As a publicly traded company, CBS failed its most basic duty to be honest and transparent with the public and investors. After trying to bury the truth to protect their fortunes, today CBS and Leslie Moonves are paying millions of dollars for their wrongdoing. Today's action should send a strong message to companies across New York that profiting off injustice will not be tolerated and those who violate the law will be held accountable." Reference Link
COIN

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05:52 EDT Coinbase Chief Product Officer Surojit Chatterjee to step down - In a regulatory filing, Coinbase said that on October 28, the company and Surojit Chatterjee, the company's Chief Product Officer, mutually agreed that Chatterjee would step down as Chief Product Officer, effective November 30, 2022. Coinbase expects that Chatterjee will continue to serve Coinbase in an advisory role through at least February 3, 2023, it said. "Coinbase is grateful for Mr. Chatterjee's contributions throughout his employment at Coinbase, including his leadership in building Coinbase's product organization and launching products in aim of increasing economic freedom in the world. In connection with Mr. Chatterjee's resignation, Coinbase's product, engineering and design teams are being reorganized within a product group structure under which the leaders of such groups will assume responsibility for Coinbase's product offerings."
VCXA

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05:52 EDT AAGR to go public through 10X Capital Venture Acquisition II merger - African Agriculture, or AAGR, a global food security company operating a commercial-scale alfalfa farm on the African continent to meet the growing demand for agricultural commodities globally, and 10X Capital Venture Acquisition II announced the execution of a definitive business combination agreement. Upon closing of the transaction, which values AAGR at an estimated enterprise value of $450M, the combined company is expected to list its shares on the Nasdaq stock market. Through the transaction, AAGR will receive additional capital for expanding its current and planned farming operations. 10X II and AAGR have secured a $100M standby equity financing facility from YA II PN, LTD., an affiliate of Yorkville Advisors. 10X II has also entered into a forward purchase agreement with a client of Cohen, whereby such party has agreed to purchase, if applicable, shares of 10X II's Class A ordinary shares prior to the closing of the business combination for a purchase price of up to $100M in the event of potential redemptions by 10X II's shareholders. Entities and funds managed by Cohen own equity interests in 10X II's Sponsor. AAGR's lead investor and majority shareholder is Global Commodities and Investments Limited, a natural resources-focused investment firm owned by Switzerland-based entrepreneur Frank Timis, who has a track record of success in West African mining and infrastructure, including one of the largest natural gas discoveries on the Atlantic margin in Senegal's history. The boards of directors of each of the company and 10X II has unanimously approved the proposed merger, which is expected to be completed in the first half of 2023, subject to regulatory approval, the approval of the proposed merger by the company's stockholders and 10X II's shareholders and the satisfaction or waiver of other customary closing conditions.
TGL

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05:43 EDT Treasure Global signs MOU with iPay88 Holding for ZCITY App - Treasure Global announced that it has signed a memorandum of understanding with iPay88 Holding, a payment company that offers e-commerce, retail, online banking, e-wallets solutions and more to its merchants in South-East Asia, to become TGI's exclusive payment gateway partner for its proprietary ZCITY App, as well as a partner for TGI's digital food and beverage management platform, Tazte. Under the terms of the agreement, iPay88 will provide e-commerce and retail payment solutions for ZCITY, not only in Malaysia but also additional South-East Asian countries including Indonesia, Thailand and the Philippines, supporting ZCITY's future regional expansion. iPay88 also offers features such as recurring payment solutions and "buy now pay later" which the company has the opportunity to leverage in the future. In addition, partnering with iPay88 provides access to its large F&B merchant list. As part of the agreement, iPay88 will promote Tazte as one of its exclusive collaboration partners prompting F&B merchants to sign up for Tazte as their Manage Software as a Service Solution.
LUMN

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05:34 EDT Lumen announces elimination of dividend, $1.5B buyback program - In a capital allocation update in its earnings release last night, Lumen said it eliminated its stock dividend and that there will be no dividend paid in Q4. The company also authorized an up to $1.5B, two-year share repurchase program. It said, "After extensive review, the Board of Directors has eliminated the company's annual dividend of $1.00 going forward and has authorized an up to $1.5 billion, two-year share repurchase program. Under this revised capital allocation policy, the company plans to continue to invest in growth initiatives while remaining relatively net leverage neutral."
WKEY

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05:33 EDT WISeKey joins forces with Orbus Digital to deploy SSL/TLS services - WISeKey announced that is has joined forces with Orbus Digital to deploy a complete suite of security solutions for organizations' websites based on SSL/TLS services, secured by the OISTE/WISeKey root of trust. GAINDE 2000 Group, an African group in the field of ICTs. Orbus Digital is the branch of the GAINDE 2000 Group that develops a range of products and services to facilitate the administrative procedures and business processes of companies by means of digital solutions. Orbus Digital and WISeKey have signed a strategic partnership agreement aiming to generate synergies by launching new and innovative cryptographic security solutions in the West African region and in other markets.
ADXN

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05:31 EDT Addex Therapeutics receives noncompliance notification - Addex Therapeutics announced that it had received written notification from Nasdaq indicating that, for the last thirty consecutive business days, the bid price for the company's American Depositary Shares had closed below the minimum $1.00 per ADS requirement for continued listing on Nasdaq under listing rule 5550.
ING

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05:29 EDT ING Groep announces EUR 1.5B share buyback program - ING announced the start of a share buyback program under which it plans to repurchase ordinary shares of ING Groep for a maximum total amount of EUR 1.5B. The purpose of the share buyback program is to reduce the share capital of ING. It is a next step in converging our CET1 ratio towards our target of around 12.5% by 2025, as announced during our Investor Update in June.
SDRL

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05:27 EDT Sonadrill secures 12-well extension in Angola for Libongos drillship - Seadrill announced a new extension has been secured by Sonadrill, Seadrill's 50:50 joint venture with an affiliate of Sonangol E.P. Sonadrill has secured a 12-well extension in Angola for the Libongos drillship at $402,500 per day. Total contract value for the firm portion of the contract is approximately $327M, inclusive of additional services. Commencement is expected in Q4, with a firm-term of approximately 25 months, in direct continuation to the existing contract. There are currently three drillships bareboat chartered into Sonadrill, a Seadrill owned unit, the West Gemini and two Sonangol-owned units, the Quenguela and Libongos. Seadrill manage and operate the units on behalf of Sonadrill.
GGR

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05:16 EDT Gogoro announces B2B initiative, partnership with Zypp Electric - Gogoro announced a strategic B2B initiative and partnership with Zypp Electric, India's EV-as-a-Service platform. Together, the companies are focused on accelerating the urban shift of logistics fleets and last mile deliveries to electric using battery swapping. The Gogoro ecosystem offers businesses a path forward that is safe, sustainable, proven and easily scalable. Last mile delivery fleets require a sustainable solution that not only achieves the best alternative to gas-powered vehicles but is well suited to the specific segment needs of the delivery industry. The Gogoro platform delivers the most sophisticated two-wheel battery swapping system that enables delivery operators to manage their fleets and deliveries more efficiently and sustainably. Gogoro expects to launch its B2B pilot with Zypp Electric in Delhi in December and be deployed to multiple fleet operators to support last mile fulfillment, e-commerce, & hyper-local deliveries.