Stockwinners Market Radar for March 02, 2023 - Earnings, Upgrades downgrades, option trades, Best Stock Advisory Service

DNA

Hot Stocks

20:08 EST Cathie Wood's ARK Investment bought 2.3M shares of Ginkgo Bioworks today
CERS

Hot Stocks

20:07 EST Cathie Wood's ARK Investment bought 162K shares of Cerus today
PANW

Hot Stocks

19:34 EST Palo Alto Networks exec sells $6.74M in common stock - In a regulatory filing, Palo Alto Networks disclosed that its CTO Nir Zuk sold 36K share of common stock on March 1st in a total transaction size of $6.74M.
ETR

Hot Stocks

18:46 EST Entergy Louisiana seeks approval to add 225 MW of solar power to generation mix - Entergy Louisiana this week filed a request with the Louisiana Public Service Commission to approve the purchase, construction and operation of nearly 225 megawatts of new solar power resources. Entergy Louisiana has selected two projects to source additional solar energy, including one in Iberville Parish that would account for approximately 175 megawatts and another in Ouachita Parish that would account for approximately 49 megawatts. If approved by the Commission, Entergy Louisiana will be able to increase its renewable portfolio and help meet the growing demand for clean generation. "This is another step toward not only reaching our own sustainability goals, but also toward helping our customers reach their sustainability goals," said Phillip May, Entergy Louisiana president and CEO. "The desire for clean power is increasing and, at Entergy, we intend to meet that desire in a way that balances our ability to continue providing reliable and affordable power. We're excited about the potential addition of nearly 225 megawatts and look forward to further expanding our portfolio of renewables as demanded by our stakeholders."
DXCM

Hot Stocks

18:24 EST DexCom CEO sells $4.23M in common stock - In a regulatory filing, DexCom disclosed that its CEO Kevin Sayer sold 38.5K shares of common stock on March 1st in a total transaction size of $4.23M.
EXEL

Hot Stocks

18:00 EST Exelixis trading resumes
ERIC

Hot Stocks

17:54 EST Ericsson to plead guilty and pay over $206M following breach of 2019 FCPA DPA - Ericsson has agreed to plead guilty and pay a criminal penalty of more than $206M after breaching a 2019 Deferred Prosecution Agreement DPA . Ericsson breached the DPA by violating the agreement's cooperation and disclosure provisions. Based on the same underlying criminal conduct that gave rise to the DPA, Ericsson will plead guilty to engaging in a long-running scheme to violate the Foreign Corrupt Practices Act, FCPA , by paying bribes, falsifying books and records, and failing to implement reasonable internal accounting controls in multiple countries around the world. "When the department afforded Ericsson the opportunity to enter into a DPA to resolve an investigation into serious FCPA violations, the company agreed to comply with all provisions of that agreement," said Assistant Attorney General Kenneth A. Polite, Jr. of the Justice Department's Criminal Division. "Instead of honoring that commitment, Ericsson repeatedly failed to fully cooperate and failed to disclose evidence and allegations of misconduct in breach of the agreement. As a result of these broken promises, Ericsson must plead guilty to two criminal offenses and pay an additional fine. Companies should be on notice that we will closely scrutinize their compliance with all terms of corporate resolution agreements and that there will be serious consequences for those that fail to honor their commitments." According to court documents, beginning in 2000 and continuing until 2016, Ericsson used third-party agents and consultants to make bribe payments to government officials and to manage off-the-books slush funds in Djibouti, China, Vietnam, Indonesia, and Kuwait. These agents were often engaged through sham contracts and paid pursuant to false invoices, and the payments to them were improperly accounted for in Ericsson's books and records. In 2019, Ericsson resolved this criminal conduct by entering a DPA with the department in connection with a two-count criminal information filed in the Southern District of New York. As part of the DPA, Ericsson paid a total criminal penalty of over $520 million and agreed to the imposition of an independent compliance monitor for three years. An Ericsson subsidiary, Ericsson Egypt Ltd, also pleaded guilty to a one-count criminal information charging conspiracy to violate the anti-bribery provisions of the FCPA. Reference Link
ERIC

Hot Stocks

17:51 EST Ericsson to plead guilty and pay over $206M following breach of 2019 FCPA - Ericsson has agreed to plead guilty and pay a criminal penalty of more than $206M after breaching a 2019 Deferred Prosecution Agreement DPA . Ericsson breached the DPA by violating the agreement's cooperation and disclosure provisions. Based on the same underlying criminal conduct that gave rise to the DPA, Ericsson will plead guilty to engaging in a long-running scheme to violate the Foreign Corrupt Practices Act, FCPA , by paying bribes, falsifying books and records, and failing to implement reasonable internal accounting controls in multiple countries around the world. "When the department afforded Ericsson the opportunity to enter into a DPA to resolve an investigation into serious FCPA violations, the company agreed to comply with all provisions of that agreement," said Assistant Attorney General Kenneth A. Polite, Jr. of the Justice Department's Criminal Division. "Instead of honoring that commitment, Ericsson repeatedly failed to fully cooperate and failed to disclose evidence and allegations of misconduct in breach of the agreement. As a result of these broken promises, Ericsson must plead guilty to two criminal offenses and pay an additional fine. Companies should be on notice that we will closely scrutinize their compliance with all terms of corporate resolution agreements and that there will be serious consequences for those that fail to honor their commitments." According to court documents, beginning in 2000 and continuing until 2016, Ericsson used third-party agents and consultants to make bribe payments to government officials and to manage off-the-books slush funds in Djibouti, China, Vietnam, Indonesia, and Kuwait. These agents were often engaged through sham contracts and paid pursuant to false invoices, and the payments to them were improperly accounted for in Ericsson's books and records. In 2019, Ericsson resolved this criminal conduct by entering a DPA with the department in connection with a two-count criminal information filed in the Southern District of New York. As part of the DPA, Ericsson paid a total criminal penalty of over $520 million and agreed to the imposition of an independent compliance monitor for three years. An Ericsson subsidiary, Ericsson Egypt Ltd, also pleaded guilty to a one-count criminal information charging conspiracy to violate the anti-bribery provisions of the FCPA. Reference Link
ZM

Hot Stocks

17:38 EST Zoom Video terminates employment of President Greg Tomb - In an 8K regulatory filing the company said: On February 28 , Zoom Video terminated the employment of Greg Tomb as the company's President, effective March 3. Tomb will receive the severance benefits payable in accordance with his previously disclosed employment arrangements that are payable upon a "termination without cause." Reference Link
LMND

Hot Stocks

17:32 EST Lemonade to delay filing annual report on Form 10-K - Lemonade will not, without unreasonable effort and expense, be able to file its Annual Report on Form 10-K for the year ended December 31, 2022 within the prescribed time period. The company requires additional time to address the accounting for its acquisition of Metromile, which includes complex accounting and disclosure requirements. The company currently expects that it will be able to complete the necessary work to file the Form 10-K within the extension period provided by Rule 12b-25 of the Securities Exchange Act of 1934, as amended.
EXEL

Hot Stocks

17:31 EST Exelixis says Phase 3 CONTACT-03 study did not meet its primary endpoint - Exelixis announced that the phase 3 CONTACT-03 study did not meet its primary endpoint of progression-free survival. CONTACT-03 evaluated cabozantinib in combination with atezolizumab versus cabozantinib alone in patients with locally advanced or metastatic clear cell or non-clear cell renal cell carcinoma who progressed during or after immune checkpoint inhibitor therapy. The safety profile of the combination of cabozantinib and atezolizumab observed in the trial was consistent with the known safety profiles for each single agent, and no new safety signals were identified with the combination. Detailed findings will be presented at an upcoming medical meeting.
YCBD

Hot Stocks

17:30 EST cbdMD trading resumes
NE

Hot Stocks

17:25 EST Noble Corp. to delay filing annual report on Form 10-K - Noble Corporation is unable to file its Annual Report on Form 10-K for the year ended December 31, 2022 within the prescribed time period without unreasonable effort or expense. The 2022 Form 10-K could not be filed by the prescribed due date because the company requires additional time to complete certain analyses, documentation and additional procedures to compile and complete the necessary financial information for the first combined period following the completion of its previously announced business combination with The Drilling Company of 1972 A/S, a Danish public limited liability company. The company is not aware of any material inaccuracy in its previously reported results of operations for the period ended December 31, 2022. The company intends to file the 2022 Form 10-K within the fifteen-day period provided under Rule 12b-25 no later than by March 16.
EXEL

Hot Stocks

17:25 EST Exelixis trading halted, news pending
CDNS

Hot Stocks

17:24 EST Cadence Design Chairman sells $5.82M in common stock - In a regulatory filing, Cadence Design disclosed that its Executive Chair Lip-Bu Tan sold 30K shares of common stock on February 28th in a total transaction size of $5.82M.
BAESY

Hot Stocks

17:16 EST BAE Systems awarded $245.65M Army contract - BAE Systems was awarded a $245.65M cost-no-fee, cost-sharing contract for the procurement of early order material in support of Armored Multipurpose Vehicle production. Bids were solicited via the internet with one received. Work has an estimated completion date of December 31, 2024. FY22 and FY23 weapons and tracked combat vehicle procurement, Army funds in the amount of $245.65M were obligated at the time of the award. U.S. Army Contracting Command is the contracting activity.
J

Hot Stocks

17:15 EST Jacobs awarded $249M Navy contract - Jacobs was awarded a $249M indefinite-delivery/indefinite-quantity contract for multi-discipline architect-engineer services for renovation, repair or new construction of facilities. This contract provides for design-bid-build construction contract packages, including preparation of full plans and specifications, site surveys and investigations, cost estimating, and post construction award services. Work will be completed by March 2031. FY23 operations and maintenance funds in the amount of $5,000 will be obligated at time of award, and will not expire at the end of the current fiscal year. This contract was competitively procured via the sam.gov website, with seven offers received. Naval Facilities Engineering Systems is the contracting activity.
COIN

Hot Stocks

17:14 EST SEC Chair Gensler says crypto platforms not necessarily qualified custodians - In prepared remarks before the Investor Advisory Committee of the SEC, Chairman Gary Gensler said in part: "The Commission recently proposed a new safeguarding rule for investment advisors, building on the current, 2009 custody rule. The proposal takes up Congress's 2010 provision for us to expand the custody rule to cover all of an investor's assets, not just their funds or securities...I know there's been recent attention to this proposal regarding its intersection with crypto. Make no mistake: Our current custody rule, adopted in 2009, covers a significant amount of crypto assets. Advisers, in complying with the current custody rule, are required to safeguard investors' crypto funds and securities with qualified custodians. Make no mistake, again: Based upon how crypto trading and lending platforms generally operate, investment advisers cannot rely on them today as qualified custodians. To be clear: just because a crypto trading platform claims to be a qualified custodian doesn't mean that it is. When these platforms fail-something we've seen time and again-investors' assets often have become property of the failed company, leaving investors in line at the bankruptcy court. The new proposed safeguarding rule-in addition to expanding the custody rule's safeguards to cover all assets-would make important enhancements to the protections that qualified custodians provide. I welcome your thoughts on the proposal, as well as the letter I understand you will be submitting regarding the crypto markets. Publicly traded companies that may be impacted by this include Coinbase (COIN). Reference Link
SPWR

Hot Stocks

17:11 EST SunPower to delay filing 10-K report - The company states: "SunPower is unable to file, without unreasonable effort or expense, its Annual Report on Form 10-K for the year ended January 1, 2023. The Company experienced unanticipated delays in compiling certain necessary information to complete its audit and to prepare a complete filing of its Form 10-K in a timely manner. The Company is expected to file the Form 10-K within the prescribed period provided by Rule 12b-25."
KRYS

Hot Stocks

17:07 EST Krystal Biotech director Rossi sells 40,000 common shares - In a regulatory filing, Krystal Biotech director Dino Rossi disclosed the sale of 40,000 common shares of the company on March 1 at a price of $83.2493 per share.
RYI

Hot Stocks

17:01 EST Ryerson acquires BLP Holdings, terms not disclosed - Ryerson announced its acquisition of BLP Holdings. BLP is comprised of three divisions based out of Houston, Texas: Absolute Metal Products, Metal Cutting Specialists, and Houston Water Jet. Serving industries including oil and gas, aerospace, telecommunications, and structural fabrication, the three divisions together provide complex fabrication services in addition to toll processing capabilities such as saw cutting, machining, and water jet cutting.
ASO

Hot Stocks

16:54 EST Academy Sports increases quarterly cash dividend 20% to 9c per share - Academy Sports declared a cash dividend with respect to the fiscal quarter ended January 28 of 9c per share of common stock of the company, a 20% increase from the previous quarterly dividend payment. The dividend is payable on April 13 to stockholders of record as of the close of business on March 23.
IOT

Hot Stocks

16:53 EST Samsara says Q1 will be lowest quarter of the year on net new ARR - The company states: "With respect to net new ARR seasonality, as is typical for enterprise software companies and similar to previous years at Samsara, we expect Q1 FY24 will be our lowest quarter of the year and lower than Q4 FY23, and we expect Q4 FY24 will be our highest quarter of the year. We also expect Q1 will be seasonally weaker and Q4 seasonally stronger than in previous years due to higher growth in our large customer cohort (which typically has stronger end-of-the-year bookings linearity), and reduced investment in our small customer cohort (which typically has more balanced bookings linearity throughout the year). Dollar-based NRR for Q4 FY23 was above our FY23 target of 115% for core customers and 125% for $100K+ ARR customers. Looking forw ard to FY24, we are setting our dollar-based NRR target at 15% for core customers and 120% for $100K+ ARR customers, given the uncertainty of the current macroeconomic environment. However, depending on the mix of net new ACV from new customers versus expansions, dollar-based NRR may fluctuate around this threshold. Non-GAAP gross margin for FY24 will be in the low 70s percent. We expect to cut our FY23 negative adjusted free cash flow dollars in half in FY24 and to reach adjusted free cash flow break-even this year in Q4 FY24." Comments taken from Q4 shareholder letter.
IPG

Hot Stocks

16:45 EST Interpublic Group exec sells $1.38M in common stock - In a regulatory filing, Interpublic Group disclosed that its General Counsel Andrew Bonzani sold 38.9K shares of common stock on March 1st in a total transaction size of $1.38M
PRI

Hot Stocks

16:44 EST Primerica director Benson sells 5,645 common shares - In a regulatory filing, Primerica director P. George Benson disclosed the sale of 5,645 common shares of the company on March 2 at a price of $185.6846 per share.
IPG

Hot Stocks

16:44 EST Interpublic Group CEO sells $2.53M in common stock - In a regulatory filing, Interpublic Group disclosed that its CEO Philippe Krakowsky sold 71K shares of common stock on March 1st in a total transaction size of $2.53M
MARA...

Hot Stocks

16:43 EST Marathon Digital produces 683 Bitcoin in February - Marathon Digital published unaudited bitcoin production and miner installation updates for February 2023. "We successfully energized nearly 19,000 Bitcoin miners across multiple facilities in February, with over 8,000 of these units consisting of S19 XPs," said Fred Thiel, Marathon's chairman and CEO. "During the month, we increased our hash rate to 9.5 exahashes, a 30% increase from the prior month. We also increased our average bitcoin produced per day by 10% compared to January, producing 683 bitcoin in February. We opted to sell 650 bitcoin this month to offset operating expenses and for general corporate purposes. Even with these sales, we increased our unrestricted bitcoin holdings from 8,090 bitcoin as of January 31, 2023, to 8,260 bitcoin, valued at $191.2 million as of February 28, 2023. Additionally, we increased our unrestricted cash on hand to $219.7 million. To continue advancing our operations and improve efficiency, our primary focus this year is to energize more miners and to optimize our fleet's performance. We remain confident in our ability to scale Marathon into one of the largest and most energy efficient Bitcoin mining operations globally by installing approximately 23 exahashes of computing power near the middle of 2023."
MRCY

Hot Stocks

16:41 EST Mercury Systems appoints Christine Fox Harbison as Chief Growth Officer - Mercury Systems announced the appointment of Christine Fox Harbison as Executive Vice President and Chief Growth Officer, effective March 6. Reporting to Mercury CEO Mark Aslett, Harbison will be responsible for executing the company's growth strategy, driving enterprise-level capture and proposal efforts, leading strategic account management, and developing global technology partnerships and initiatives. Harbison joins the company from Northrop Grumman's Defense Systems sector, where she served as Vice President and General Manager of the Combat Systems and Mission Readiness division. Prior to that, she was Vice President of Northrop Grumman's Advanced Ground Sensors business unit and held roles of increasing importance at Raytheon Company. Harbison holds an M.S. in computer science from Old Dominion University and a B.S. in computer science and mathematics from the University of Maine. She is an active member of The Forum for Executive Women, the Women in Defense Organization, and the National Defense Industrial Association.
COST

Hot Stocks

16:40 EST Costco reports February adjusted SSS up 5.0% - Reports February U.S. SSS up 3.5%. The company says: "For the four-week reporting month of February, ended February 26, 2023, the Company reported net sales of $17.06 billion, an increase of 4.7 percent from $16.29 billion last year. Lunar New Year/Chinese New Year occurred on January 22, 10 days earlier this year. The shift positively impacted February's Other International and Total Company sales by approximately 2% and 0.25%, respectively. For the twenty-six week period ended February 26, 2023, net sales were $116.06 billion, an increase of 7.1 percent from $108.39 billion last year."
ORN

Hot Stocks

16:39 EST Orion Group: Austin Shanfelter to transition from Executive Chairman to Chairman - Orion Group Holdings announced that Austin J. Shanfelter will transition from Executive Chairman to Chairman of the Board of Directors, effective March 2. Shanfelter has served on Orion Group's Board of Directors since 2007 and was named Chairman in January 2021. From April to September 2022, he assumed the roles of Interim Chief Executive Officer and Interim Chief Financial Officer until Travis Boone, Chief Executive Officer and Scott Thanisch, Chief Financial Officer were appointed in September 2022. Since then, Mr. Shanfelter served as Executive Chairman to ensure a smooth leadership transition. His transition back to Chairman of the Board marks the completion of this successful transition period.
BTTR

Hot Stocks

16:33 EST Better Choice announces streamlining of operations and reduction in workforce - Better Choice announced the streamlining of operations and reduction in workforce. The reduction impacted approximately 25% of the Better Choice current workforce. The Company expects to save approximately $2.2M on an annual basis."This reduction, combined with the elimination of the COO role, will lower the cost structure of the business substantially in 2023, while also providing cost benefits in future years," stated Lionel Conacher, Interim CEO. "Though the long-term opportunity for Better Choice remains strong, there is clearly some weakness in the current market. While we regret the impact of this decision on our employees, we believe the reduction in force is prudent." The Company will provide further details when it reports fourth quarter and full year 2022 financial results.
VERU

Hot Stocks

16:33 EST Veru announces FDA comments on Phase 3 study protocol - Separately, the FDA also provided comments on a proposed confirmatory Phase 3 study protocol submitted by the Company for hospitalized moderate to severe COVID-19 patients at risk for ARDS and death that could support a new EUA authorization and/or NDA approval. FDA stated that in the potential confirmatory Phase 3 clinical study design: "strong consideration should be given to appropriate time frames for interim analyses so that - should a strong efficacy signal again be observed - the trial could be stopped in an efficient time frame." Veru expects to communicate the details of the design and timing of this potential Phase 3 confirmatory study soon. It should be noted that in the U.S. Department of Health and Human Services' (HHS) fact sheet published on February 9, 2023, HHS and FDA made clear that FDA's ability to continue authorizing new COVID-19 therapeutics for emergency use is not impacted by the ending of the declaration of the U.S. public health emergency on May 11, 2023. "Our team has applied its scientific rigor and clinical expertise to expeditiously investigate sabizabulin, a microtubule disruptor, for the treatment of hospitalized critically ill COVID-19 patients during the pandemic," said Mitchell Steiner, M.D., Chairman, President, and Chief Executive Officer of Veru. "We are disappointed in the FDA's decision to decline the request for an EUA because of the possibility of unknown influences, or uncertainties that may have affected the study as FDA agreed upon its review that our Phase 3 study met its primary endpoint and could not be invalidated by any known influences1, and we followed the unanimous recommendation of the Independent Data Monitoring Committee to stop the Phase 3 study because of clear clinical benefit. During our May 10, 2022 pre-EUA meeting with the FDA, the Agency indicated that our clinical data package was sufficient to support an EUA submission. Unfortunately, COVID-19 remains a serious threat as the third leading cause of death in the U.S. with over 250,000 lives lost in 2022. We lost 510 Americans to COVID-19 just yesterday despite existing FDA authorized and approved standard of care treatments. We reaffirm our strategy to deliver sabizabulin, a potentially life-saving treatment, to this vulnerable patient population facing inadequate therapeutic options to address the threat of ARDS and death from COVID-19. To that end, we will work closely with the FDA to gain clarity on advancing our sabizabulin program toward a potential new request for an EUA and an NDA submission."
PLUG

Hot Stocks

16:31 EST Plug Power announces 'historic flight' of airliner powered by ProGen fuel cells - Plug Power announced the historic flight of a regional airliner powered by the company's line of ProGen fuel cells. Led by Universal Hydrogen, the hydrogen fuel cell-powered flying testbed took off at 8:30 a.m. for 15 minutes at Grant County International Airport in Washington state. Reaching an altitude of 3,500 feet MSL, the flight marked a significant milestone for both companies that partnered to make hydrogen-powered aviation a reality. The 40-passenger airplane's powertrain is built with Plug's ProGen that have been adapted for aviation use. Plug's ProGen fuel cells support light, medium and heavy-duty electric vehicles in asset-intensive applications. They have proven to be ideal because they allow fleets to achieve greater range. Fuel cells are also free of carbon emissions, and weigh and cost less than batteries. "Plug is proud to be a part of Universal Hydrogen's significant day in aviation history," Plug CEO Andy Marsh said. "We've long said hydrogen can power applications, such as planes, while reducing toxic carbon emissions. Today, we proved it, and we're one step closer to a more sustainable future." The celebrated day stems from Plug's long-time partnership with Universal Hydrogen that expanded in 2021 to begin the development of fuel cells made for regional aircraft. The partnership is one of many strategic investments Plug has made in recent years to grow the green hydrogen economy and expand its applications, including into aviation.
LTC

Hot Stocks

16:31 EST LTC Properties sells two skilled nursing centers in New Mexico - LTC Properties "announced that it has sold two skilled nursing centers in New Mexico. The two centers, totaling 235 beds, were sold for $21.3 million, generating proceeds of $20.8 million. The proceeds will be used to pay down the Company's unsecured revolving line of credit. LTC anticipates recording a gain on sale of approximately $15 million in the 2023 first quarter. As a result of the sale, the two properties were removed from the operator's master lease, and LTC provided a rent decrease of 7.5% of the net proceeds, or approximately $1.5 million of cash rent, to the operator. The centers were built in 1975 and 1985, respectively."
APRN

Hot Stocks

16:30 EST Blue Apron says NYSE accepts continued listing compliance plan - Blue Apron announced that the New York Stock Exchange has accepted the company's business plan to regain compliance with the NYSE $50M average global market capitalization and stockholders' equity requirement. The company's Class A common stock will continue to be listed and traded on the NYSE during the share price cure period. As previously disclosed on December 23, 2022, Blue Apron received written notice from the NYSE on December 21, 2022 that it was not in compliance with the NYSE continued listing standards which require the company to maintain: (i) a minimum average closing price of at least $1.00 per share over a consecutive 30-day trading period; and (ii) an average global market capitalization of at least $50 million over a consecutive 30-day trading period and, at the same time, a total stockholders' equity equal to or greater than $50M.
VERU

Hot Stocks

16:30 EST Veru announces FDA declines to grant EUA for sabizabulin - Veru announced that the FDA has declined to grant at this time the company's request for Emergency Use Authorization, or EUA, for sabizabulin, Veru's novel microtubule disruptor, to treat hospitalized adult patients with moderate to severe COVID-19 who are at high risk for Acute Respiratory Distress Syndrome. In communicating its decision, the FDA stated that despite the FDA declining to issue an EUA for sabizabulin at this time, the FDA remains committed to working with the Company for the development of sabizabulin.
SPSC

Hot Stocks

16:28 EST SPS Commerce CEO Archie Black to retire - SPS Commerce announced that its CEO, Archie Black, intends to retire from his role as CEO. Black will remain in the role through the completion of the search for his successor and through the transition process to ensure a seamless succession. The company's board of directors has initiated an executive search for the next CEO. Once appointed, Black will transition from his position as CEO to the newly created role of executive chair of the board.
RWAY

Hot Stocks

16:26 EST Runway Growth Finance reports Q4 EPS 45c, consensus 39c - Reports Q4 Total investment income $36.8M, compared to $17.6M to last year. The year-over-year improvement is primarily due to portfolio growth and an increase in interest income on investments resulting from the new loans originated. Net investment income for the quarter ended December 31 was $18.4 million, or 45c per share, compared to $10.9 million, or $0.28 per share, for the quarter December 31, 2021. revenue $, consensus $."Runway Growth delivered its fifth consecutive record quarter, which we believe validates our investment strategy in high quality, late-stage companies," said David Spreng, Founder and CEO of Runway Growth. "During 2022, Runway continued to prudently deploy leverage achieving its objective range, to unlock increasingly attractive shareholder returns while fueling minimally dilutive growth for our portfolio companies." Spreng continued, "Runway Growth's success speaks to the value of our differentiated and durable model that offers sustainable yield despite market volatility. Increasingly, later-stage companies are turning to Runway Growth to embrace debt as minimally dilutive growth capital as the cost differential between equity expands. Looking to 2023, our funnel remains robust and Runway Growth is confident in our disciplined strategy to drive earnings and long-term shareholder value."
APPF

Hot Stocks

16:22 EST AppFolio CEO Jason Randall to resign - In a regulatory filing, AppFolio announced that its Chief Executive Officer, Jason Randall, notified its board of directors of his plans to resign from his positions as the company's President, CEO and as a member of the board, effective as of March 1. He will also cease to be the company's principal executive officer on the effective date. Following the effective date, Randall will continue to serve the company as an at-will employee and advisor through March 31 for the principal purpose of assisting the company in the orderly transition of his roles and responsibilities. "Randall's departure is not the result of any disagreement with respect to the company's operations, policies or practices," the filing stated. On March 1, the company announced that William Shane Trigg has been appointed CEO and President of the company, effective immediately. In such capacity, Trigg has been designated as the principal executive officer of the company. Trigg has served as the company's President and General Manager, Real Estate since February 2023, and served as the company's General Manager, Real Estate since April 2020.
DELL

Hot Stocks

16:18 EST Dell Technologies jumps 6% to $42.70 after Q4 results beat estimates
HPE

Hot Stocks

16:16 EST HP Enterprise acquires Axis Security; terms not stated - Hewlett Packard Enterprise "announced that it entered into a definitive agreement to acquire Axis Security, a cloud security provider. This acquisition will allow HPE to expand its edge-to-cloud security capabilities by offering a unified Secure Access Services Edge solution to meet the increasing demand for integrated networking and security solutions delivered as-a-service. Axis Security's Security Services Edge latform addresses the need for improved application performance and increased network security as the number of remote users increases and as enterprises continue to migrate applications to the cloud. Axis Security's SSE offerings enable access to corporate and public-cloud resources, and the company's cloud-based platform will build on Aruba's existing Software-defined Wide Area Network and network firewall offering. This combination will provide a complete edge-to-cloud SASE solution, ensuring that Zero Trust security controls can be applied to people and devices, no matter where they connect - on campus, branch, home, or on the road."
JWN

Hot Stocks

16:16 EST Nordstrom up 2% following Q4 report - Nordstrom shares are up 37c, or 2%, to $19.70 in after-hours trading.
PSNL

Hot Stocks

16:15 EST Personalis names Christopher Hall as new CEO - Personalis "announced that its Board of Directors has appointed Christopher Hall as Chief Executive Officer (CEO) and a member of the Board, effective immediately, in addition to his role as President. Hall will lead the Company's efforts to drive a new paradigm for the active management of cancer with the aim of guiding care from biopsy throughout the life of the patient. Hall joined Personalis in October 2022 and became President at the end of December 2022."
JWN

Hot Stocks

16:12 EST Nordstrom announces wind-down of Canadian business - Nordstrom said: "As part of its initiatives to drive long-term profitable growth and enhance shareholder value, and after careful consideration of all reasonably available options, the Company also announced today it has decided to discontinue support for Nordstrom Canada's business operations." "We regularly review every aspect of our business to make sure that we are set up for success," said Erik Nordstrom. "We entered Canada in 2014 with a plan to build and sustain a long-term business there. Despite our best efforts, we do not see a realistic path to profitability for the Canadian business. We want to thank our team for their performance and dedication in serving customers in Canada. This decision will simplify our structure, intensify focus on our growth and profitability goals and position us to create greater value for our shareholders." Nordstrom Canada has commenced a wind-down of its operations, obtaining an Initial Order from the Ontario Superior Court of Justice under the Companies' Creditors Arrangement Act, or "CCAA," earlier today to facilitate the wind-down in an orderly fashion. Nordstrom Canada intends to wind down its Nordstrom and Nordstrom Rack stores across Canada, with the help of a third-party liquidator, and its Canadian e-commerce platform. The e-commerce platform will cease operations on March 2, 2023. The in-store wind-down is anticipated to be completed by late June 2023. The Company expects that Nordstrom Canada will be deconsolidated from the Company's financial statements as of the date of the CCAA filing. The Company expects to report approximately $300 million to $350 million of pre-tax charges related to the wind-down in the first quarter of fiscal 2023, driven primarily by the write-down of the Company's investment in Nordstrom Canada. The wind-down is expected to result in an approximately $400 million decline in total Company net sales and a $35 million improvement in total Company EBIT in fiscal 2023, relative to fiscal 2022, excluding the aforementioned charges associated with the wind-down. Nordstrom Canada operates six Nordstrom stores and seven Nordstrom Rack stores, as well as the Nordstrom.ca website, and employs approximately 2,500 people.
DELL

Hot Stocks

16:10 EST Dell Technologies CFO Tom Sweet to retire, Yvonne McGill to succeed - Dell Technologies announces on its Q4 fiscal 2023 earnings call that EVP, CFO Tom Sweet will retire from the company at the end of Q2 fiscal 2024. The company has named Yvonne McGill, currently corporate controller, its new CFO effective the start of Q3 fiscal 2024.
VMW AVGO

Hot Stocks

16:08 EST VMware sees deal to be acquired by Broadcom completed in Broadcom's FY23 - As previously reported, VMware (VMW) has entered into a definitive agreement to be acquired by Broadcom (AVGO). The transaction, which is expected to be completed in Broadcom's fiscal year 2023, is subject to the receipt of regulatory approvals and other customary closing conditions, VMware stated.
DELL

Hot Stocks

16:07 EST Dell Technologies raises annual cash dividend 12% to $1.48 per share - The company will increase its annual cash dividend by 12% to $1.48 per common share, with 37c per common share for the first quarterly distribution payable on May 5 to shareholders of record as of April 25.
ESTC

Hot Stocks

16:07 EST Elastic reports Q3 total subscription count at 19.9K vs. 19.7K in Q2 - In Q3, Elastic total subscription customer count was approximately 19,900 compared to approximately 19,700 in Q2 FY23, and over 17,900 in Q3 FY22. Total customer count with Annual Contract Value (ACV) greater than $100,000 was over 1,110, compared to over 1,050 in Q2 FY23, and over 890 in Q3 FY22. Net Expansion Rate was approximately 120%
SOI

Hot Stocks

16:05 EST Solaris Oilfield raises quarterly dividend 5%, announce $50M share buyback - Solaris Oilfield Infrastructure announced that its Board of Directors has approved an enhanced shareholder return program, including an increase in the Company's quarterly cash dividend to $0.11 per share and authorization of a $50 million share repurchase program. "Solaris has a strong record of returning cash to shareholders. We have returned approximately $112 million since 2018 through dividends and share repurchases and were one of the few companies in our industry that maintained its dividend through all points of the cycle," Solaris' Chairman and Chief Executive Officer Bill Zartler commented. "Our recent investments in new technology have increased, and we expect will continue to increase, Solaris' cash flow. We plan to return at least 50% of free cash flow to shareholders through dividends and share repurchases, demonstrating our confidence in Solaris' offerings, customers, employees and value proposition." The first quarter 2023 dividend of $0.11 per share represents an increase of approximately 5% and is to be paid on March 24, 2023 to holders of record as of March 14, 2023. A distribution of $0.11 per unit has also been approved for holders of units in Solaris Oilfield Infrastructure, LLC, which is subject to the same payment and record dates. This announcement represents Solaris' 2nd dividend increase and its 18th consecutive quarterly dividend.
DMTK

Hot Stocks

16:03 EST DermTech initiates search to identify CEO replacement - DermTech said that John Dobak will continue to serve as president, chief executive officer and director until the earlier of the date the Board appoints a successor and September 30, 2023. The Board has initiated a comprehensive search to identify Dr. Dobak's replacement. "I'm extremely proud of what we've accomplished during my 11-year tenure as CEO having built a strong foundation for DermTech," said John Dobak, M.D., CEO, DermTech. "We've achieved widespread product adoption, secured broad payer coverage and scaled the organization for the future. I'm looking forward to finding a successor that will carry my vision forward and bring the genomic revolution to dermatologic care. I'd like to thank my team and the board for their dedication and perseverance. I'm excited about DermTech's bright future." "On behalf of the board, I want to thank John for his valuable contributions to DermTech over the past eleven years," said Matt Posard, DermTech's chairman. "We are grateful to have John's continuing leadership and support during the CEO transition."
TSP

Hot Stocks

16:01 EST TuSimple: FMCSA closes investigation into prior incident - TuSimple announced that the Federal Motor Carrier Safety Administration closed its investigation into the previously disclosed incident from April 6, 2022 where a TuSimple truck made contact with a concrete median divider in Tucson, Arizona. The incident resulted in no injuries. After timely reporting of the April 6th incident, the company responded to several requests from the FMCSA, and the investigation concluded without any penalties brought against the company. In addition, TuSimple cooperated with the National Highway Traffic Safety Administration on the matter and confirmed that NHTSA did not open an investigation into the incident.
YCBD

Hot Stocks

15:20 EST cbdMD trading halted, news pending
CDNA

Hot Stocks

14:14 EST CareDx trading resumes
CDNA

Hot Stocks

14:09 EST CareDx trading halted, volatility trading pause
IFNNY

Hot Stocks

14:00 EST Infineon to acquire GaN Systems for $830M - Infineon Technologies AG and GaN Systems announce they have signed a definitive agreement under which Infineon will acquire GaN Systems for $830M. "GaN Systems is a global technology leader in the development of gallium nitride, or GaN-based, solutions for power conversion. The company is headquartered in Ottawa, Canada, and has more than 200 employees. The planned acquisition of GaN Systems in an all-cash transaction will be funded from existing liquidity. The Board of Directors of GaN Systems and the Infineon Supervisory Board have already consented to the acquisition. The transaction is subject to customary closing conditions, including regulatory approvals," Infineon stated.
COYA

Hot Stocks

13:59 EST Coya's mission remains 'the same' as a public company, CEO tells The Fly
COYA

Hot Stocks

13:59 EST Patients more present than ever in clinical trials post-COVID, Coya CEO says
COYA

Hot Stocks

13:59 EST Coya Therapeutics CEO expects 'a few' data releases this year
COYA

Hot Stocks

13:59 EST Coya CEO sees year filled with catalysts, milestones ahead
GTLB

Hot Stocks

13:49 EST GitLab increasing list price of GitLab Premium - In a blog post, GitLab stated: "Effective April 3, 2023, GitLab is increasing the list price of GitLab Premium from $19 to $29 per user per month. Existing GitLab Premium customers will have a one-time transition price of $24 per user per month automatically applied to their upcoming renewals until April 2, 2024. As GitLab's first price increase in more than five years, this new pricing for GitLab Premium reflects the evolution of GitLab from source control and CI to the most comprehensive DevSecOps Platform. Over the past five years, GitLab Premium added more than 400 features, leading to improved cycle times, enhanced developer experience, and better collaboration for our customers." Reference Link
META

Hot Stocks

13:47 EST Senators urge Zuckerberg to halt plans to open Horizon Worlds to young teens - Senators Edward J. Markey, D-Mass. and Richard Blumenthal D-Conn. sent a letter to Meta CEO Mark Zuckerberg calling on the company to halt its reported plan to open Horizon Worlds, its landmark virtual reality environment platform in the metaverse, to teens aged 13 to 17. In their letter, the Senators highlighted Meta's repeated failures to protect young teens from harmful interactions, advertising, and content on Facebook and Instagram, as well as Meta's own internal research, which finds gaps in the company's understanding of user safety in social virtual reality experiences. "Meta's plan to target young people with offerings in the metaverse is particularly concerning in light of your consistent failures to protect young users," Senators Markey and Blumenthal wrote in their letter to Zuckerberg. "With a documented track record of failure to protect children and teens, Meta has lost parents', pediatricians', policymakers', and the public's trust." "As our constituents grow increasingly concerned about the effects of online platforms and social media apps on teens' well-being, your plans to imminently pull these young people into an under-researched, potentially dangerous virtual realm with consequences for their physical and mental health is unacceptable," they continued. "Any strategy to invite young users into a digital space rife with potential harms should not be driven by a goal to maximize profit. We call on you to immediately halt Meta's plan to bring teen users onto Horizon Worlds." In February 2022, Senator Markey wrote to the Federal Trade Commission urging the agency to use its authority to ensure that children are protected from threats to their privacy, safety, and wellbeing in the metaverse. Reference Link
OSPN

Hot Stocks

12:46 EST OneSpan up 10% after Reuters reports company exploring sale - Shares of cybersecurity tools vendor OneSpan (OSPN) are higher after Reuters' Milana Vinn reported that the company is exploring options that include a possible sale. The company, which has become the target of activist hedge funds including Legion Partners Asset Management, is working with investment bank Evercore (EVR) on a sale process that could attract interest from other companies and private equity firms, the report said. In afternoon trading, OneSpan shares are up $1.58, or 10%, to $18.13. Reference Link
PCG

Hot Stocks

12:43 EST PG&E says NRC approves request related to continued operations at DCPP - The Nuclear Regulatory Commission, or NRC, approved Pacific Gas and Electric Company's exemption request to allow continued operations at Diablo Canyon Power Plant, or DCPP, past the plant's current licenses, the company announced. "This exemption will allow PG&E, similar to exemptions granted to other utilities, to continue operating both units at DCPP while the company's License Renewal Application (LRA) is under review.The NRC's decision supports the state's direction under California Senate Bill 846 to seek to extend plant operations to support statewide electric reliability during the clean energy transition. PG&E intends to submit a new LRA by the end of 2023. The current NRC operating licenses for Units 1 and 2 expire in 2024 and 2025, respectively," the company stated.
BGSX

Hot Stocks

12:09 EST Build Acquisition Corp trading resumes
F

Hot Stocks

12:01 EST Ford establishes Latitude AI to develop future automated driving technology - Ford Motor Company has established Latitude AI, a wholly owned subsidiary focused on developing a hands-free, eyes-off-the-road automated driving system for millions of vehicles. "With the formation of Latitude, Ford adds a leading team of machine learning, robotics, software, sensors, systems engineering and operations talent as the automaker grows and expands its development efforts in automated driving technology - including advancements in Ford BlueCruise, which already has accumulated more than 50 million miles of hands-free driving." Sammy Omari, executive director, ADAS Technologies at Ford, also will serve as the CEO of Latitude. Peter Carr is appointed chief technology officer, overseeing Latitude's product and technical development, and David Gollob is named president, with responsibility for business operations. Latitude is headquartered in Pittsburgh with additional engineering hubs in Dearborn, Mich. and Palo Alto, Calif. The company also will operate a highway-speed test track facility in Greenville, S.C.
PSTG

Hot Stocks

12:00 EST Pure Storage falls -16.2% - Pure Storage is down -16.2%, or -$4.66 to $24.13.
MCG

Hot Stocks

12:00 EST Membership Collective falls -18.6% - Membership Collective is down -18.6%, or -$1.17 to $5.09.
SI

Hot Stocks

12:00 EST Silvergate Capital falls -44.7% - Silvergate Capital is down -44.7%, or -$6.05 to $7.48.
CRM

Hot Stocks

12:00 EST Salesforce rises 11.8% - Salesforce is up 11.8%, or $19.68 to $187.03.
ZUO

Hot Stocks

12:00 EST Zuora rises 13.2% - Zuora is up 13.2%, or $1.08 to $9.29.
GOTU

Hot Stocks

12:00 EST Gaotu Techedu rises 21.0% - Gaotu Techedu is up 21.0%, or 73c to $4.21.
BGSX

Hot Stocks

11:53 EST Build Acquisition announces redemption of public shares subsequent dissolution - Build Acquisition Corp.announced that it will redeem all of its outstanding common stock that was included in the units issued in its initial public offering, effective as of the close of business on March 17, as the company will not consummate an initial business combination on or prior to March 19. The per-share redemption price for the public shares will be approximately $10.21. The public shares will cease trading as of the close of business on March 16. As of the close of business on March 17, the public shares will be deemed cancelled and will represent only the right to receive the redemption amount.
SESN

Hot Stocks

11:38 EST Sesen Bio board declares special dividend in the aggregate of $75M - In connection with the Carisma transaction, the Sesen Bio Board of Directors has declared a one-time, special cash dividend of $75M. Based on the current number of shares outstanding, the special cash dividend is expected to result in 36.1c per share to all common stockholders of record as of the close of business on March 7, 2023, payable no later than March 10, 2023. Sesen Bio stockholders of record will also be issued one Contingent Value Right for each outstanding share of Sesen Bio common stock, representing the right to receive any potential proceeds from the sale of Vicineum and Sesen Bio's preclinical assets prior to March 31, 2027 and any proceeds from the potential milestone payment under the Roche Asset Purchase Agreement. The issuance of the special cash dividend and CVR remain contingent on the closing of the approved transaction.
SESN

Hot Stocks

11:37 EST Sesen Bio stockholders approve 1-for-20 reverse stock split - Based on a preliminary count of the voting results from the meeting of stockholders, more than 88% of the votes cast were voted in favor of Proposal No. 1 to approve the issuance of Sesen Bio common stock to Carisma stockholders in the merger and approximately 86% of votes were cast in favor of Proposal No. 2, representing more than 57% of outstanding shares of Sesen Bio common stock, to approve the amendment to Sesen Bio's certificate of incorporation to effect a reverse stock split of outstanding shares of Sesen Bio common stock at a ratio of 1-for-20. The approval of Proposal Nos. 1 and 2 was needed to complete the merger. Sesen Bio currently anticipates that the reverse stock split will become effective after trading hours on March 7, 2023, such that trading of post-split Carisma common stock will commence on March 8, 2023. The merger is expected to close on March 7, 2023, subject to customary closing conditions.
SESN

Hot Stocks

11:35 EST Sesen Bio stockholders approve merger with Carisma Therapeutics - Sesen Bio announced that its stockholders have voted to approve all proposals, including the pending merger with Carisma Therapeutics, at the Company's Special Meeting of Stockholders.
TDOC

Hot Stocks

11:29 EST Teladoc's BetterHelp to pay $7.8M in settlement with FTC - The Federal Trade Commission has issued a proposed order banning online counseling service BetterHelp from sharing consumers' health data, including sensitive information about mental health challenges, for advertising. The proposed order also requires the company to pay $7.8M to consumers to settle charges that it revealed consumers' sensitive data with third parties such as Facebook and Snapchat for advertising after promising to keep such data private. In its form 10-K filing, Teladoc Health previously stated: "On July 30, 2020, the company received a Civil Investigative Demand from the Federal Trade Commission as part of its non-public investigation to determine whether the company, through its BetterHelp business, engaged in unfair business practices in violation of the Federal Trade Commission Act. The company subsequently entered into settlement negotiations with the FTC in an effort to resolve all claims and allegations arising out of or relating to the FTC Investigation. During 2022, the company determined that a loss stemming from the FTC Investigation in the amount of $7.8 million is probable. An accrual of such amount is included in accrued expenses and other current liabilities in the accompanying consolidated balance sheets and in general and administrative expenses in the company's consolidated statements of operations and other comprehensive loss." Reference Link
KR

Hot Stocks

11:16 EST Kroger says to invest more than $770M in associates in 2023 - Kroger announced a more than $770M incremental investment in its associates during 2023, stating that the company will use this investment to "raise average hourly rates, improve healthcare options, build new training and development opportunities, and more." "Investing in our associates' holistic well-being is an essential part of what makes Kroger an employer of choice, and ultimately becomes an investment in our customers and communities. When we think about how we build our benefits, we want to enable every associate to thrive financially and emotionally - both in their careers and at home. We look forward to continuing to celebrate our associates and the many ways they show up for our customers and each other every day," said Tim Massa, Kroger's SVP and chief people officer.
RKDA

Hot Stocks

10:54 EST Arcadia Biosciences trading resumes
RKDA

Hot Stocks

10:44 EST Arcadia Biosciences trading halted, volatility trading pause
BGSX

Hot Stocks

10:41 EST Build Acquisition Corp trading halted, news pending
WMT

Hot Stocks

10:38 EST Walmart to open 28 new Walmart Health center locations in 2024 - Walmart announced that in 2024, it "will be growing in a big way" by opening 28 new Walmart Health center locations. This will expand Walmart Health's footprint into two new states - Missouri and Arizona - and deepen its presence in Texas. By the end of 2024, the company expected to have more than 75 Walmart Health centers across the United States. With this growth in 2024, Walmart will nearly double its current footprint. The first of the new Walmart Health centers will open in the first quarter of 2024. The specific growth locations include 10 locations in Dallas metro area; 8 locations in Houston metro area; 6 locations in Phoenix metro area; 4 locations in Kansas City, MO, metro area. Walmart also noted that it has integrated modern equipment and technology to enable providers and patients alike to experience best-in-class healthcare technology. This includes integrating Epic's electronic health record system across our Walmart Health locations. Reference Link
HII

Hot Stocks

10:36 EST Huntington Ingalls, Ocan Aero partner on advanced unmanned maritime capabilities - HII and Ocean Aero initiated a strategic agreement to advance the combined capabilities of their respective unmanned maritime platforms and autonomy software solutions. The unmanned solution providers recently commenced multiple, simultaneous efforts to enhance the operational reach and duration of the platforms, collaborative autonomy behaviors, shared sensor fusion and perception capabilities, and accelerated seabed-to-shore data transmission methods.
SQNS

Hot Stocks

10:21 EST Actility selects iBASIS, Sequans to deploy LTE-M solutions - iBASIS and Sequans Communications announced that Actility has chosen iBASIS and Sequans to roll out programmable cellular IoT solutions with eSIM and iSIM.
RACE

Hot Stocks

10:20 EST Ferrari signs partnership agreement with Virtual Gaming Worlds - Ferrari N.V. announces that Ferrari S.p.A., its wholly-owned Italian subsidiary, has signed a multi-year partnership agreement with Virtual Gaming Worlds, a global technology company that specializes in the creation of online social games. Under the new multi-year agreement, effective from the first Formula 1 Grand Prix of the season in Bahrain, VGW will become Premium Partner of Scuderia Ferrari. Ferrari Chief Racing Revenue Officer, Lorenzo Giorgetti, said: "We are pleased to announce the arrival of VGW as a Premium Partner. As leaders in the gaming technology sector, they share our passion for innovation and thinking outside the box. We look forward to working with them in offering new assets and experiences to our loyal and passionate tifosi."
X

Hot Stocks

10:05 EST U.S. Steel, CarbonFree enter MoU to capture CO2 emissions at Gary Works - United States Steel and CarbonFree Chemicals Holdings signed a non-binding Memorandum of Understanding to jointly pursue the capture of CO2 emissions generated from U. S. Steel's Gary Works manufacturing plant using CarbonFree's SkyCycle technology. If a definitive agreement is reached, the project is expected to capture and mineralize up to 50,000 metric tons of CO2 per year, the equivalent to carbon emissions from nearly 11,000 passenger cars. The MoU establishes a framework for discussions regarding the formation of a commercial venture. The decision between CarbonFree and U. S. Steel to enter into a definitive agreement is expected to be made prior to the end of 2023, and if a final agreement is executed, the parties are targeting 2025 for commencement of operations. The parties may also consider collaborating on more carbon capture, utilization and storage projects in the future.
VHAQ CLRD

Hot Stocks

10:04 EST Viveon Health Acquisition, Clearday announce letter of intent to merge - Viveon Health Acquisition Corp. (VHAQ) announced that it has identified and entered into a letter of intent with a business combination target company, Clearday (CLRD). Under the terms of the letter of intent, Clearday's existing equity holders would convert 100% of their equity into the combined public company. The proposed transaction values Clearday at $250M. Viveon expects to announce additional details regarding the proposed business combination when a definitive merger agreement is executed. Completion of a business combination with Clearday is subject to, among other matters, the completion of due diligence, the negotiation of a definitive agreement providing for the transaction, satisfaction of the conditions negotiated therein and approval of the transaction by the board and stockholders of both Viveon and Clearday. "There can be no assurance that a definitive agreement will be entered into or that the proposed transaction will be consummated on the terms or timeframe currently contemplated, or at all," the company said. "Clearday is an ideal merger partner for Viveon Health as it is a transformative healthcare technology company at its inflection point of rapid growth - and addresses an underserved, large, and expanding market. As operators ourselves in the healthcare technology space, our hands-on diligence revealed the Clearday team's deliberate expansion and acceleration of their longevity-tech business plan impacting the arc from home to residential care facilities. By leveraging its operational excellence and history in longevity care and bolting on AI-driven solutions to monitor mental and physical health, its solutions can deliver real-time engagement with individuals and their families through robotic-assisted companion care designed to deliver support at any setting. I look forward to working with Jim and the rest of the Clearday team to execute their global sales channel expansion and market development plan poised to deliver growth and shareholder value," said Jagi Gill, CEO and Chairman of Viveon Health.
MP

Hot Stocks

10:00 EST MP Materials falls -13.9% - MP Materials is down -13.9%, or -$4.99 to $30.84.
PSTG

Hot Stocks

10:00 EST Pure Storage falls -14.8% - Pure Storage is down -14.8%, or -$4.28 to $24.52.
SI

Hot Stocks

10:00 EST Silvergate Capital falls -48.8% - Silvergate Capital is down -48.8%, or -$6.60 to $6.93.
M

Hot Stocks

10:00 EST Macy's rises 10.0% - Macy's is up 10.0%, or $2.05 to $22.48.
CRM

Hot Stocks

10:00 EST Salesforce rises 13.4% - Salesforce is up 13.4%, or $22.41 to $189.76.
BIG

Hot Stocks

10:00 EST Big Lots rises 13.8% - Big Lots is up 13.8%, or $1.89 to $15.62.
HPX

Hot Stocks

09:49 EST HPX Corp trading resumes
CACO

Hot Stocks

09:48 EST Caravelle partners with U.S. firm to export wood products from Gabon, Africa - Caravelle International Group announced that the company has established a partnership with a U.S. corporation to manufacture wood products in Gabon, Africa for export to the United States and that the government of Gabon has granted the partnership use of 165 acres of land for the location of the lumber mill. The mill will produce wood laminate flooring, plywood, and other wood products. The products will have a significant cost advantage over lumber products domestically produced in the United States because of cheaper lumber and labor in Gabon, but also because the African Growth and Opportunity Act will allow for the duty-free import of these products into the U.S. The U.S. based partner will fund the construction of the mill in Gabon and already has established distribution in the U.S. to sell these products. Caravelle will ship the wood products to the United States. Caravelle will also dry the wood products in transit, using its patent-pending CO-Tech system that uses recycled engine heat for the drying process, resulting in significant cost savings and a 6-week reduction in lead times vs. traditional kiln drying at the mill. The partners estimate that the venture will generate $200M in annual revenue within several years.
BOX

Hot Stocks

09:47 EST Box falls -14.1% - Box is down -14.1%, or -$4.74 to $28.84.
AAN

Hot Stocks

09:47 EST Aaron's falls -18.6% - Aaron's is down -18.6%, or -$2.68 to $11.72.
SI

Hot Stocks

09:47 EST Silvergate Capital falls -47.3% - Silvergate Capital is down -47.3%, or -$6.40 to $7.13.
DV

Hot Stocks

09:47 EST DoubleVerify rises 8.7% - DoubleVerify is up 8.7%, or $2.27 to $28.28.
AGL

Hot Stocks

09:47 EST Agilon Health rises 11.9% - Agilon Health is up 11.9%, or $2.51 to $23.60.
CRM

Hot Stocks

09:47 EST Salesforce rises 14.2% - Salesforce is up 14.2%, or $23.80 to $191.15.
LION

Hot Stocks

09:42 EST Lionheart III Corp trading resumes
ZIMV

Hot Stocks

09:39 EST ZimVie trading resumes
HPX

Hot Stocks

09:39 EST HPX Corp trading halted, volatility trading pause
LION

Hot Stocks

09:37 EST Lionheart III Corp trading halted, volatility trading pause
RTX

Hot Stocks

09:36 EST Raytheon Technologies awarded $250M contract - Raytheon Technologies received an award valued at more than $250M to design, develop and deliver a seven-vehicle missile tracking satellite constellation, as well as support launch and ground operations by the Space Development Agency. Once deployed, the low-Earth orbit constellation of networked satellites will become the fifth plane of satellites providing missile warning and tracking for the Department of Defense. The program is a key element of the Proliferated Warfighter Space Architecture.
KSCP

Hot Stocks

09:35 EST Knightscope reseller places order for 30 K1 Blue Light Towers - Knightscope announced that a Florida based reseller of Knightscope technologies submitted a purchase order for 30 new K1 Blue Light Towers to support anticipated and future customer orders.
GLBZ

Hot Stocks

09:35 EST Glen Burnie trading resumes
ZIMV

Hot Stocks

09:34 EST ZimVie trading halted, volatility trading pause
GGE

Hot Stocks

09:34 EST Green Giant, ACE to develop lithium-ion recycling facility in Texas - Green Giant announced that ACE Green Recycling and Green Giant Energy Texas entered into a letter of intent for a strategic partnership to build a commercial lithium-ion battery recycling plant in the greater Houston area and boost sustainable battery recycling in North America. The two companies signed a non-binding LOI to form a joint venture that will develop and operate the recycling plant, which will be located on land purchased by GGE Texas who will also fund the build-out of the plant with a $3M investment. The JV will use ACE's proprietary technology and process for sustainably recycling lithium-ion batteries, including end-of life batteries, rejected batteries and other defective batteries sourced from around the region. Once completed, the facility will incorporate ACE's modular equipment design to recycle an estimated 1,800 metric tons of lithium batteries per year. In addition to setting forth the blueprint to build a greenfield lithium-ion battery recycling facility through the JV, the LOI also stipulates GGE Texas will invest a separate $3M toward ACE's global operations. Other areas of collaboration in the strategic partnership include providing electricity and solar power solutions for ACE facilities, solar panel recycling, feedstock and equipment procurement, and the sharing of engineering, construction management, operations and maintenance resources to optimize the new Texas facility as well as other ACE facilities.
HZO

Hot Stocks

09:32 EST MarineMax promotes Cassella to EVP and Chief Accounting Officer - MarineMax earlier today announced the promotion of Anthony Cassella, Jr. to Executive Vice President Finance and Chief Accounting Officer. Cassella has served as Vice President of MarineMax since February 2016, and Chief Accounting Officer since October 2014, at which time he was appointed an executive officer of the company. Brett McGill, CEO and President of MarineMax stated, "With today's announcement, we recognize Anthony for his dedication and commitment to MarineMax and his instrumental role in helping to manage our financial affairs. He has developed an outstanding team that has supported our growth. Anthony recently celebrated his 25th anniversary as a team member of MarineMax, and we look forward to his continued success as a leader of our company."
HZO

Hot Stocks

09:30 EST Correction: MarineMax promotes Cassella to EVP and Chief Accounting Officer
GLBZ

Hot Stocks

09:30 EST Glen Burnie trading halted, volatility trading pause
GNUS

Hot Stocks

09:20 EST Genius Brands announces AI-generated animated 'shorts' series - Genius Brands International announced a new AI-generated animated "shorts" series based on the original children's show, Warren Buffett's Secret Millionaires Club, launching on Kartoon Channel!, YouTube and Genius Brands' social media channels on May 15, 2023. The shorts will be produced by Genius AI Studio, utilizing various AI tools and pulling from stories co-created with, and voiced by, Warren Buffett for the original Secret Millionaires Club series, which focused on teaching enduring life lessons around financial literacy to children. Each video will educate children worldwide, and feature fun and interesting lessons and facts around business and money. Shorts will start rolling out May 15.
F

Hot Stocks

09:20 EST Ford reports February U.S. sales up 21.9% to 157,606 vehicles - Ford reports February U.S. sales were up 21.9% overall to 157,606 vehicles, which includes electric vehicles sales of 3,523, up 68.1%, hybrid vehicles sales of 9,157, up 32.9%, and internal combustion sales of 144,926, up 20.5%. Reference Link
CLF

Hot Stocks

09:20 EST Cleveland-Cliffs increases current base prices for steel plate products - Cleveland-Cliffs announced that it is increasing current base prices for its steel plate products by a minimum of $60 per net ton. This price increase includes as-rolled, normalized, and quench and tempered steel plate products, and is effective immediately with all new, non-contract orders. Cliffs also reserves the right to re-quote any open offers not confirmed by a Cliffs order acknowledgment.
HLTH PFE

Hot Stocks

09:19 EST Cue Health announces new COVID-19 awareness collaboration with Pfizer - Cue Health (HLTH) announced a new collaboration with Pfizer (PFE) in the U.S. to raise awareness among individuals with certain underlying conditions about the risks of progressing to severe COVID-19 and the importance of seeking treatment if they test positive. Through Cue Care, Cue's same-day, at-home, test-to-treatment platform, individuals will be able to use the Cue Health App to access educational resources, including information on risk factors for progression to severe illness from COVID-19, including hospitalization or death.
MYGN ILMN

Hot Stocks

09:18 EST Myriad Genetics, Illumina expand partnership for HRD testing access - Myriad Genetics (MYGN) and Illumina (ILMN) announced the expansion of a strategic partnership to broaden access to and availability of oncology homologous recombination deficiency testing in the United States. Under the agreement, Illumina TruSight Oncology 500 HRD, a research-use-only test, is now available in the US. The expanded partnership also establishes a unique companion diagnostic alliance for the pharmaceutical industry, which will enable more clinical research for gene-based, targeted therapies.Under this strategic alliance, Illumina and Myriad will seek joint HRD companion diagnostics partnerships with pharmaceutical companies worldwide. The joint HRD CDx alliance will aim to pursue HRD regulatory approvals for both the MyChoice HRD Assay companion diagnostic and a future clinical in vitro diagnostic test based off the TSO 500 HRD Assay.
ILMN...

Hot Stocks

09:18 EST Illumina and Myriad Genetics partner for HRD testing in the U.S. - Illumina (ILMN) and Myriad Genetics (MYGN) announced the expansion of a strategic partnership to broaden access to and availability of oncology homologous recombination deficiency - HRD - testing in the U.S. Under the agreement, Illumina TruSight Oncology 500 HRD, a research-use-only test, is now available in the US. The expanded partnership also establishes a unique companion diagnostic alliance for the pharmaceutical industry, which will enable more clinical research for gene-based, targeted therapies. The TSO 500 HRD research test aligns Myriad's MyChoice CDx HRD technology with Illumina's pan-cancer test, TSO 500. The test was codeveloped with Merck (MRK) and Myriad Genetics. Myriad and Illumina's initial partnership led to Illumina's combined HRD and TSO 500 offering launch worldwide-excluding the US and Japan-in June 2022. The product is available to order now and ready to ship in the US.
HEPA

Hot Stocks

09:17 EST Hepion Pharmaceuticals granted European patent for rencofilstat - Hepion Pharmaceuticals announced that the European Patent Office has granted European Patent No. EP 3886813, covering the innovative formulation of Hepion's lead cyclophilin inhibitor, rencofilstat. The newly granted European patent also significantly extends the time period of Hepion's patent exclusivity for rencofilstat. The Company's original composition-of-matter patent estate, comprising 52 patents issued in every major market throughout the world, are expected to provide exclusivity to 2036. The newly granted rights, which will encompass 38 European countries, are expected to extend the drug candidate's patent life by approximately eight years, to 2044. Additional filings are also underway to potentially extend composition-of-matter and method-of-manufacturing exclusivity until 2048. In addition to the indications covered in the original composition-of-matter patents, Hepion has also filed various method-of-use patent applications covering a variety of additional indications.
GBX

Hot Stocks

09:17 EST Greenbrier, former CEO charged by SEC for failing to disclose perks, payments - The Securities and Exchange Commission announced settled charges against Oregon-based freight transportation supply company, The Greenbrier Companies Inc., and its founder and former CEO and Chairman, William A. Furman, for failing to disclose perks provided to Furman and other Greenbrier executives and compensation Furman received from Greenbrier's charters of Furman's private plane for travel by company executives, including Furman. Greenbrier and Furman agreed to pay $1M and $100,000 in civil penalties, respectively, to settle the charges. The SEC's orders find that Greenbrier and Furman violated negligence-based antifraud and proxy provisions of the federal securities laws and that Greenbrier and Furman also committed or caused reporting, books and records, and internal accounting controls violations of the federal securities laws. Without admitting or denying the SEC's findings, in addition to penalties, Greenbrier and Furman agreed to cease-and-desist from future violations of the securities laws. Reference Link
AMZN

Hot Stocks

09:13 EST Amazon announces launch of 3-Way Match - Amazon Business announced the launch of 3-Way Match on the Amazon Business mobile app to help business customers improve their smart business-buying strategies and automate reporting. Now available in the U.S., the new 3-Way Match app enables account administrators and approved buyers to use a mobile device to simply scan the barcode of a package when it arrives and automatically mark the item as received. With this new feature, the nearly 1 million active users on the Amazon Business mobile app in the U.S. have a simple and quick way to close purchase orders-anywhere, anytime-at no additional cost. "Manual processes cannot be scaled efficiently, especially for large organizations," said Doug Gray, vice president of technology at Amazon Business. "Integrating our 3-Way Match capability on the Amazon Business mobile app simplifies the process so customers can reconcile their purchases in seconds. At Amazon, we're driven to find better ways for our customers to work, and our 3-Way Match mobile scan does just that."
AZN MRK

Hot Stocks

09:12 EST AstraZeneca, Merck provide regulatory update on Lynparza sNDA - AstraZeneca (AZN) and Merck (MRK) announced that the FDA will convene a meeting of the Oncologic Drugs Advisory Committee, or ODAC, to discuss the supplemental new drug application, or sNDA, for use of Lynparza in combination with abiraterone and prednisone or prednisolone for the treatment of adult patients with metastatic castration-resistant prostate cancer, or mCRPC. The ODAC provides the FDA with independent, expert advice and recommendations on marketed and investigational medicines for use in the treatment of cancer. The FDA is not bound by the committee's guidance but takes its advice into consideration. The ODAC meeting is scheduled for April 28. AstraZeneca and Merck are committed to working with the FDA to bring Lynparza in combination with abi/pred to patients diagnosed with mCRPC. The sNDA is based on the results of the Phase 3 PROpel trial. Results from PROpel, including the primary endpoint of radiographic progression-free survival, or rPFS, were first presented at the 2022 American Society of Clinical Oncology, or ASCO, Genitourinary Cancers, or GU, Symposium and subsequently published in NEJM Evidence. Results from the final pre-specified overall survival analysis were presented at ASCO GU 2023. Lynparza in combination with abi/pred is approved in the European Union and several other countries for the treatment of adult patients with mCRPC, based on the PROpel trial.
GEHC

Hot Stocks

09:12 EST GE HealthCare, Advantus Health in pact to provide HTM services - Advantus Health Partners and GE HealthCare announced an agreement of up to $760M over 10-years to provide GE HealthCare's Healthcare Technology Management services to Advantus Health Partners' clients. "Advantus was founded following our team's success designing a better supply chain model for a large health system with 48 hospitals. We understand the growing challenges that health care providers-large and small-face in today's environment," said Dan Hurry, president of Advantus Health Partners. "We are constantly working to bring next-generation supply chain management models to our customers, and this relationship with GE HealthCare underscores our commitment to delivering benefits to health systems, suppliers and the overall health care supply chain." "Advantus was founded following our team's success designing a better supply chain model for a large health system with 48 hospitals. We understand the growing challenges that health care providers-large and small-face in today's environment," said Dan Hurry, president of Advantus Health Partners. "We are constantly working to bring next-generation supply chain management models to our customers, and this relationship with GE HealthCare underscores our commitment to delivering benefits to health systems, suppliers and the overall health care supply chain."
OXY

Hot Stocks

09:11 EST 1PointFive announces plan to develop a carbon capture, sequestration hub - 1PointFive announced it has leased, through an affiliate, more than 55,000 acres along the Texas Gulf Coast, to develop a carbon capture and sequestration hub with the capacity to hold approximately 1.2 billion metric tons of carbon dioxide. 1PointFive leverages the carbon management experience of its parent company Occidental. 1PointFive has completed drilling a stratigraphic test well and subsurface assessment to characterize the site's ability to securely store CO2 and expects to apply for two Class VI permits in 2023. Jeff Alvarez, President, 1PointFive Sequestration, said, "This hub is located between two of the largest industrial corridors in Texas so captured CO2 can be efficiently transported and safely sequestered. Rather than starting from scratch with individual capture and sequestration projects, companies can plug into this hub for access to shared carbon infrastructure."
AWRE

Hot Stocks

09:11 EST Aware to highlight biometric authentication solutions at Future Digital Finance - At Future Digital Finance 2023, March 6-7, 2023, Aware will demonstrate its mobile biometric solutions that integrate into any onboarding or ongoing authentication process an organization may wish to offer.
PHG

Hot Stocks

09:09 EST Philips showcases cardiology portfolio at ACC/WCC 2023 - Royal Philips is showcasing enhancements to its cardiology portfolio at the Annual Scientific Session & Expo of the American College of Cardiology/World Congress of Cardiology event. Philips' cardiology portfolio addresses ever-increasing demand for cost-effective diagnosis, treatment, monitoring, and management of patients with heart conditions such as coronary artery disease, structural heart disease, arrhythmia, and heart failure. Highlighted introductions to the portfolio include the company's latest compact portable ultrasound platform - Philips Ultrasound Compact System 5500 CV, its spectral-detector based CT scanner, Philips Spectral CT 7500, and Philips Intracardiac Echocardiography Catheter - VeriSight Pro 3D ICE.
IRIX

Hot Stocks

09:09 EST Iridex introduces new research, showcases five events at the AGS Meeting - Iridex Corporation announced Part 2 of the evidence-based guidelines series for MicroPulse Transscleral Laser Therapy, TLT, has been published in Clinical Ophthalmology1 by the international consensus panel of ten glaucoma experts. The publication will be available at booth #5 at the 2023 meeting of the American Glaucoma Society, AGS, March 2 -5 in Austin, Texas. Consensus Panel Recommendations: Part 2 recommendations address anesthesia, surgical technique, post-operative care, expected outcomes, settings adjustment, and enhancements and retreatments. Part 1 of the consensus recommendations, published in 2021, focused on patient dosimetry and patient selection. "As physicians gathered further experience and conducted additional research on MicroPulse TLT, a better understanding of all aspects of the treatment helped improve the procedure and optimize outcomes," said Tomas Grippo, MD, co-chair of the International MicroPulse TLT Consensus Panel. "We are pleased to provide additional guidelines for a treatment we have found to be safe and effective for many types and severities of glaucoma."
MBOT

Hot Stocks

09:08 EST Microbot Medical recently awarded grant from Israel's Ministry of Economy - Microbot Medical was recently awarded a grant from Israel's Ministry of Economy to encourage the Company's marketing activities and enhance the commercialization of the LIBERTY Robotic System in the US market, within the scope of its 'Smart Money' program. "We believe the non-dilutive grant from the Israeli government, beyond enhancing our existing marketing budget and enabling us to maintain a higher presence among our key constituents, validates our current strategy," commented Rachel Vaknin, Chief Financial Officer. "The additional funds allow us to engage with key opinion leaders, hospitals and potential strategic partners in the U.S., at a time when it's imperative that we increase our profile ahead of the regulatory and clinical phases. This is expected to allow us to seed the market and generate a high degree of market anticipation and excitement as we near the planned commercialization of the LIBERTY Robotic System." The grant, which totaled 300,000 NIS, may be repaid via a royalty mechanism from future sales of the LIBERTY Robotic System.
CLSK

Hot Stocks

09:07 EST CleanSpark mined 576 bitcoin in February - CleanSpark released its unaudited bitcoin mining and operations update for the month ending February 28, 2023. February Bitcoin Mining Update: Bitcoin mined in February: 576; CY2023 bitcoin mined: 1,273; Total BTC holdings as of February 28: 100; Total BTC converted for operations and growth in February: 778 ; Currently deployed fleet of about 66,900 latest-generation bitcoin miners with a hashrate of 6.6 EH/s. "Our background in energy efficiency gives us a clear advantage in the market as we make incremental improvements to our mining fleet," said Zach Bradford, CEO. "For example, this month we improved our efficiency by over three percent compared to December 2022, when we last reported these numbers in our quarterly report. That progress, coupled with average wholesale power rates as low as two cents per kilowatt hour, has allowed us to increase our profit margins even as production compressed month-over-month due to February being the shortest month of the year. Months like February are practice-runs for halving-and we intend to continue to test and deploy all hardware and software at our disposal in our bid to be the best prepared miner when halving happens next year.
AZN MRK

Hot Stocks

09:06 EST AstraZeneca says FDA to convene AdCom meeting on sNDA for Lynparza in mCRPC - The company states: "AstraZeneca (AZN) and MSD (MRK) announced that the FDA will convene a meeting of the Oncologic Drugs Advisory Committee, or ODAC, to discuss the supplemental new drug application for Lynparza ,or olaparib, in combination with abiraterone and prednisone or prednisolone for the treatment of adult patients with metastatic castration-resistant prostate cancer, or mCRPC. The ODAC meeting is scheduled for 28 April 2023. AstraZeneca and MSD are committed to working with the FDA to bring Lynparza in combination with abiraterone to patients with mCRPC. The efficacy and safety of Lynparza in combination with abiraterone and prednisone or prednisolone have been demonstrated in the PROpel Phase III trial, first presented at the 2022 American Society of Clinical Oncology Genitourinary Cancers Symposium (ASCO GU), and subsequently published in the New England Journal of Medicine Evidence. Lynparza in combination with abiraterone and prednisone or prednisolone is approved in the EU and several other countries for the treatment of adult patients with mCRPC based on the PROpel trial." Reference Link
RUM

Hot Stocks

09:06 EST Rumble opens new U.S. headquarters in Florida - Rumble announces the opening of its new office in Longboat Key, Florida, which will serve as the company's U.S. headquarters. "Opening the new office is a monumental step for Rumble as we continue to invest in our employees," said Rumble Chairman and CEO Chris Pavlovski. "For all of the tech talent out there considering a move from declining big-tech and Silicon Valley, I would strongly consider living in the free state of Florida. Rumble's team enjoys our high growth culture anchored in American values on the sunny shores of Longboat Key!"
ACN

Hot Stocks

09:06 EST Accenture wins five-year $628M recompete of a contract award from CMS - Accenture has won a five-year, $628M recompete of a contract award from the U.S. Centers for Medicare and Medicaid Services, or CMS, to continue its work supporting Healthcare.gov. In 2014, Accenture Federal Services was awarded a prime contract to take over management of the Federally-Facilitated Exchange, or FFE. FFE is the backbone of Healthcare.gov, the federal government's online marketplace connecting people and small businesses with available public and private health insurance options. FFE and Healthcare.gov are central to CMS' mission in support of the Affordable Care Act to deliver affordable, quality healthcare coverage and services for tens of millions of Americans.
OCX

Hot Stocks

09:05 EST OncoCyte appoints Riggs as President, CEO - Oncocyte Corporation announced that Joshua Riggs has been appointed as its Chief Executive Officer, CEO, effective February 24, 2023. Since being named interim CEO in December, Riggs has successfully led the process of restructuring the Company by refocusing product strategy and reducing costs across the organization. Riggs also serves as President and joins the Company's Board of Directors. Riggs joined the Company in August 2020 and served as the Company's General Manager, Transplant and Senior Director of Business Development prior to stepping into the Interim CEO role in December of 2022.
DK

Hot Stocks

09:03 EST Delek US names Patrick Reilly Chief Commercial Officer - Delek US appointed Patrick Reilly as Executive VP and Chief Commercial Officer effective March 1. Reilly joins Delek from Motiva - Aramco -, where he served as VP of Trading - Crude, Clean Products & Feedstocks. Prior to Motiva, he served as a Regional Head of Trading for Gunvor as well as Global Book Leader for Marine Fuels, Fuel Oil and Refinery Feedstocks at Andeavor - Tesoro -.
MU

Hot Stocks

08:53 EST Micron down 3% in pre-market as CFO presents at conference - Micron CFO Mark Murphy said while speaking at the Susquehanna Technology Conference that the company now expects lower margins in its fiscal Q3 than it had previously expected. The CFO added that "the pricing environment currently is weak" and the company's "third quarter could be flat to down or we believe will be flat to down versus the second quarter as we see it today." He then said, according to a transcript: "But of course, we've got -- this is the end of the quarter. We'll report at the end of March, and we'll have a clearer picture and more commentary at that point." In pre-market trading, Micron shares are down $1.66, or 3%, to $55.68.
LEXX

Hot Stocks

08:48 EST Lexaria Bioscience announces results from diabetes animal model study - Lexaria Bioscience announces that its diabetes animal model study DIAB-A22-1 has completed and produced at least three positive outcomes including weight loss in obese diabetic-conditioned animals, together with improved triglyceride and cholesterol levels. Beginning just four days after the start of dosing with DehydraTECH-CBD, the obese rats began to lose weight. The weight loss was maximized nine days after dosing and maintained throughout the 8-week study duration. This apparent trend demonstrated roughly a 7% loss of body weight throughout the course of treatment at both DehydraTECH-CBD doses studied. Only the DehydraTECH-CBD-dosed animals weighed less at the end of the study than at the beginning, whereas the weight of the untreated obese animals trended upwards throughout the study. The lean untreated animals gained the most weight of all to actually become obese by the end of the study. Furthermore, in the DehydraTECH-CBD treated rats the weight loss trend observed did not appear to be a result of lower levels of food or water intake. Food and water intake was comparable in both the treated and untreated obese animal groups suggesting that the weight loss was more so related to enhanced metabolic function. Obesity is often accompanied by reduced activity levels, which were measured in this study via locomotor activity, the distance the animals travelled in open field observations. Interestingly, the lower dose of DehydraTECH-CBD resulted in a statistically significant improvement in locomotor activity compared to the untreated obese control rats, whereas there was no significant difference accordingly evidenced at the higher dose. As expected, activity levels for all obese rats were significantly lower than the lean control rats, although only the lower dose DehydraTECH-CBD treated rats approached the activity levels of the lean rats. Previous research has suggested that CBD may enhance motor activity through its action upon the serotonin 5-HT1A receptor. Additional investigation will be required to learn what an optimum DehydraTECH-CBD dose related to both weight loss and increased physical activity might be, given the fact that the higher dose studied may have elicited sedative-like effects of CBD triggering hypolocomotion which others have also observed upon high systemic exposure. Higher triglyceride levels in the blood can be an indication of the onset of diabetes. One of the best ways to manage triglyceride levels is to lose weight. In study DIAB-A22-1, the animals dosed with DehydraTECH-CBD showed statistically significant reductions in triglyceride levels from day 35 onwards compared to the obese animals not dosed with DehydraTECH-CBD. Once again, the lower dose of 30 mg/Kg of DehydraTECH-CBD outperformed the higher dose of 100mg/kg. By the end of the study the triglyceride levels in the animals receiving 30 mg/Kg of DehydraTECH-CBD was over 25% lower than that of the untreated obese animals. Cholesterol levels in the animals receiving DehydraTECH-CBD were also higher. There are two types of cholesterol - HDL and LDL - where HDL cholesterol is generally considered "good" and is desired and LDL cholesterol is generally considered "bad", although some studies are beginning to question whether this is true. Again, the lower dose of 30 mg/Kg appeared to outperform the higher 100 mg/Kg dose of DehydraTECH-CBD, with a trend toward increased HDL good cholesterol but with no significant effect upon LDL bad cholesterol levels compared to the untreated obese animals. The 100 mg/Kg dosed animals demonstrated increases in both desired HDL and the undesired LDL levels, with significance relative to the untreated obese animals in the latter instance. The findings with the lower dose therefore appeared to support improved physiological function relative to the diabetic state.
DSS PRPH

Hot Stocks

08:45 EST DSS ProPhase Labs announces letter to shareholders - DSS (DSS) announced a letter to shareholders. "Our trailing 12-month revenues, as of the third quarter of 2022, have more than doubled from where we were at the end of 2021, and our total assets, now at nearly $265 million, have grown more than 1,000%, up from under $20 million, since we first embarked on transforming DSS just over three years ago in late 2019... For each acquisition we complete, we apply a three-stage development process to maximize value creation and provide the engine for growth through increased bandwidth, horsepower, and scale... Our Premier Packaging Corporation subsidiary provides a clear example of the second stage of our development process as it began operations at its new 105,000 sq. ft. facility in western New York in the first half of 2022. The increased production capacity at the new facility, which has enabled us to meet growing customer demand, was a key driver behind our nearly 19% year-over-year revenue growth for this segment in the most recently reported quarter... Impact BioMedical, the cornerstone of our BioHealth group, continued to progress on multiple fronts in 2022, including promising early testing results on new bioplastics, strengthened intellectual property protections, and licensing agreements with ProPhase Biopharma, a wholly owned subsidiary of ProPhase Labs (PRPH)... We continued to expand our medical real estate operations in 2022... The expansion of our medical real estate holdings is in part supported by our banking and financing business line, primarily through our majority-owned American Pacific Bancorp subsidiary... Looking ahead, as we prepare to file an S-1 for APB's IPO in late 2023 or early 2024, we expect to expand our managed loan portfolio, which earns 1.5% annually in service charges, to more than $39 million...In the near-term, we anticipate new developments from our 70% ownership of USX Holdings Company, a joint venture collaboration with GSX Group Limited, and Coinstreet Partners.... We also expect the foundation laid for our DSS PureAir subsidiary, first launched in mid-2021, to gain significant new traction across the Asia Pacific region in the quarters ahead... Sharing Services Global, our 73%-owned Direct Sales and Marketing subsidiary, is currently in the process of being uplisted to Nasdaq which will provide us with the capital and market exposure to advance SHRG's expansion... AmericaFirst Quantitative Funds, part of our DSS Wealth Management subsidiary, continued to generate net asset inflows in 2022 despite the negative market environment... Overall, I have tremendous confidence in the future of DSS, and I believe our best days are ahead of us. We remain steadfastly committed to new value creation and firmly believe we have laid the necessary foundation for years of future success."
ITI

Hot Stocks

08:43 EST Iteris wins new $1.2M contract with Illinois Department of Transportation - Iteris announced that it has been chosen by the Illinois Department of Transportation, or IDOT, District One for select traffic signal plan preparation and plan review projects.
SBEV

Hot Stocks

08:41 EST Splash Beverage enters distribution agreement with Carolina Premium Beverage - Splash Beverage Group reached a distribution agreement with Carolina Premium Beverage for distribution of Copa di Vino, Pulpoloco and TapouT across the North Carolina market.
SIDU

Hot Stocks

08:41 EST Sidus Space appoints Eric Gillenwater CCO - Sidus Space has appointed Eric Gillenwater to the role of Chief Commercial Officer or CCO , leading the company's commercial strategy and implementation to further support its overall mission of "Bringing Space Down To Earth ". With over 20 years of experience in technology and business strategy development, Gillenwater has a proven track record of driving revenue growth and profitability through effective commercial strategy development and execution. Most recently, Gillenwater served as Vice President and Business Head, Global Carrier & Enterprise for OneWeb, where he was responsible for all aspects of global commercial strategy and operations across multiple verticals. Prior to OneWeb, Gillenwater served as Vice President and Business Head, US and Europe for Bharti Airtel, where he was responsible for full operational and revenue control over direct and channel sales for Bharti Airtel US and Bharti Airtel Europe.
AREC

Hot Stocks

08:41 EST American Resources' American Carbon expands production at Carnegie 2 - American Resources Corporation through its subsidiary, American Carbon Corporation expanded production at its Carnegie 2 metallurgical carbon mine in Pike County, Kentucky, by adding a second operating section. It is expected that the production from this section will initially ramp up to approximately 9,000 to 12,000 additional tons per month.
GAME

Hot Stocks

08:40 EST Engine Gaming's Frankly Media releases Insight platform - Frankly Media announced the release of its Insight video streaming and monetization platform. Frankly Media's Insight video streaming and monetization platform offers an integrated suite of esports/gaming, news and entertainment solutions to allow its customers to modernize their digital ecosystem, maximize their audience reach and engagement, and fully monetize their display, audio and video content. Frankly's fully integrated solution suite includes premium yield advertising solutions that include ad sales, ad operations, audience insights, revenue optimization AI and performance analytics, video streaming for Live, VOD and FAST Channels, Mobile Apps, OTT/CTV Apps, Website/CMS and Audience Engagement widgets.
MIGI

Hot Stocks

08:39 EST Mawson Infrastructure expands Midland facility to 120 MW - Mawson Infrastructure announced that it has signed a lease amendment for its facility in Midland, Pennsylvania which will allow for an additional 20 MW of power capacity. Upon completion of development works, the site will have 120 MW of capacity. The site is expected to be 100% online in early Q2. Mawson is deploying an additional 10 Modular Data Centers and 5,880 ASIC miners needed to fill the capacity. All of the company's mining units are fully funded and currently being installed at the Midland, Pennsylvania facility. Mawson is currently developing another 120 MW facility in Sharon, Pennsylvania, which is expected to come online incrementally through 2023 and 2024. Combined, the two sites will have 240 MW available which can house up to 70,560 miners which can produce up to 7.8 EH/s or approximately 31.4 BTC/day. Mawson expects to have 132 MW online in early Q2, representing enough power for up to 38,808 ASIC miners, operating at approximately 4.2 EH/second. This capacity expansion could potentially generate up to approximately 16.9 BTC per day, or approximately $154M in revenue per year.
AWKNF

Hot Stocks

08:39 EST PharmAla named exclusive MDMA supply partner to Awakn Life Sciences - PharmAla Biotech Holdings has been named the exclusive MDMA supplier to Awakn LS Europe Holdings.
RCON

Hot Stocks

08:39 EST Recon Technology plans to expand into plastics chemical recycling business - Recon Technology has formulated preliminary plans to expand into the plastics chemical recycling business. Recon also attended the 27th China Plastics Recycling Conference and Exhibition held on February 28 at Dongguan City of Guangdong Province to explore cutting-edge technologies working to achieve circular economy goals in eliminating waste and pollution, keeping products and materials in continuous use, and regenerating natural systems. Chemical recycling of waste plastics is expected to become a new growth area and a driving force for petrochemical and sanitation solid waste industries in the carbon neutral era due to its superior plastic waste treatment, carbon reduction and crude oil substitution capabilities.
MYMD

Hot Stocks

08:39 EST MyMD Pharmaceuticals: DEA determines Supera-CBD not a controlled substance - MyMD Pharmaceuticals announced that the U.S. Drug Enforcement Administration DEA has conducted a scientific review and determined that investigational cannabinoid Supera-CBD is not currently considered a controlled substance or listed chemical. The scientific review of the chemical structure of Supera-CBD was conducted in accordance with the Controlled Substances Act CSA and its governing regulations. "Currently, all FDA-approved cannabinoid products are considered controlled substances, with the exception of Epidiolex, and although plant-derived cannabidiol, CBD, is unscheduled, its use by military and federal civilian employees currently is prohibited without a valid prescription. This decision by the DEA is tremendous news for Supera-CBD and we are very pleased that our product candidate will not require DEA scheduling during development," said Christopher Chapman, MD, President, Director, and Chief Medical Officer at MyMD Pharmaceuticals. "We look forward to studying Supera-CBD's potential to improve upon the benefits of CBD while retaining its safety and tolerability without intoxicating effects." "It is a tremendous benefit to be able to conduct drug development without the burden of dealing with a scheduled product," said Dr. Jack Henningfield, Vice President, Research, Health Policy, and Abuse Liability at Pinney Associates, Inc. "We look forward to continuing our support of MyMD Pharmaceuticals as Supera-CBD advances through development."
SPNT

Hot Stocks

08:37 EST SiriusPoint, Compre announce second reinsurance loss portfolio transfer - SiriusPoint and Compre signed an agreement for a ground-up Loss Portfolio Transfer on a diversified portfolio of primarily reinsurance business. The transaction's inception is subject to regulatory approvals and other conditions of closing. The LPT covers approximately $1.3bn of reserves, underwritten by SiriusPoint's international reinsurance business headquartered in Sweden, and its Lloyd's Syndicate 1945. The portfolio comprises several classes of business from 2021 and prior underwriting years, with SiriusPoint retaining claims handling authority on ongoing business. The announcement follows a comprehensive re-underwriting of SiriusPoint's reinsurance portfolio, and the restructuring of the Company's underwriting platform. The LPT will be underwritten by Compre's class 3B Bermudian reinsurer, Pallas Reinsurance Company.
ADEA VZ

Hot Stocks

08:36 EST Adeia extends IP license agreement with Verizon - Adeia (ADEA) announced that Verizon (VZ) has entered into a multi-year extension of its license to Adeia's media patent portfolio. "Our patent license extension with Verizon further confirms the value and longevity of Adeia's intellectual property portfolios, including in the U.S. pay-TV market," said Dr. Mark Kokes, Adeia's chief licensing officer and general manager, media. "We are excited to extend our relationship with Verizon, one of the world's leading providers of technology, communications, information and entertainment products."
XELA

Hot Stocks

08:36 EST Exela Technologies announces new funding, amends securitization facility - Exela Technologies reported its subsidiaries had obtained $51 million of new funding from B. Riley Commercial Capital and an affiliate of BRCC through a combination of an amendment of the Company's existing $150 million PNC securitization facility to permit the addition of $35 million of junior secured financing, a separate sale of receivables, and an increase in availability under a revolving line of credit. The new securitization facility matures in June 2025 and bears interest at a per annum rate of one-month Term SOFR plus 7.5%. These financings provided an additional $51 million of funding in February with an additional $4 million available subject to certain financial measurements. In connection with these transactions, a subsidiary of Exela prepaid $29 million of its existing BRCC term loan, reducing the outstanding term loan balance to approximately $15 million. The Company plans to use the incremental liquidity for general corporate purposes, debt obligations and transaction expenses. The Company also announced it had purchased $13.4 million of 2023 unsecured Notes in accordance with its previously announced capital deployment strategy. Combined with the $29 million reduction of BRCC term loan, the prepayment and purchase resulted in reducing 2023 maturities on a consolidated basis by $42.4 million.
KR

Hot Stocks

08:35 EST Kroger sees FY23 CapEx $3.4B-$3.6B, free cash flow $2.3B-$2.5B, tax rate 23%
SRGA

Hot Stocks

08:35 EST Surgalign announces Medical City Frisco to utilize its HOLO Portal Surgical - Surgalign announced that Medical City Frisco is the latest medical facility to clinically use its HOLO Portal Surgical Navigation System. The last procedure was performed by Dr. Ripul Panchal, DO, a board-certified, fellowship-trained neurosurgeon with expertise in the management of spinal disorders. Terry Rich, President and CEO of Surgalign commented, "I would like to congratulate Dr. Panchal and his team for being the first adopters of HOLO Portal in Texas and for their ongoing commitment to improving patient outcomes, a vision we share at Surgalign. Since HOLO Portal was launched, over 30 cases have been performed. While the sales process has proven to be longer than anticipated, our pipeline continues to grow, and we have gathered insights from the medical community which will in turn, improve system functionality. We have system enhancements coming soon, with additional applications in development for both HOLO Portal and our HOLO AI Platform, which will strengthen our technology and value proposition to our customers further."
STKH

Hot Stocks

08:35 EST Steakholder Foods appoints Eitan Noah as CFO - Steakholder Foods' current VP of Finance, Eitan Noah, will be assuming the position of CFO, as its current CFO, Guy Hefer, has decided to step down from his role for personal reasons. Eitan Noah will assume the CFO role on March 23 following the publication of the company's annual report. Noah has been VP of Finance since January 2021. Before his tenure as VP Finance at Steakholder Foods, Noah was Director of Finance at Inception XR and Controller and FP&A Manager at Fluence Corp.
BNIX

Hot Stocks

08:35 EST Bannix Acquisition says trust account will bear interest, will not be decreased - Bannix Acquisition announced that to mitigate the current uncertainty surrounding the implementation of the Inflation Reduction Act of 2022, in the event that the extension of the time period the Company has to complete an initial business combination is implemented, as described in the Company's definitive proxy statement, Instant Fame, the current sponsor of the Company, or a designee, will indemnify the Company against any excise tax liabilities with respect to any future redemption opportunities that are provided after the meeting date of the Special Meeting and prior to or in connection with a Business Combination or liquidation of the Company. Additionally, if the Extension is implemented, the Company plans to maintain the remaining amount in its trust account in an interest-bearing demand deposit account at a bank. As such, BNIX will not, under any circumstances, withdraw any amounts from the Trust Account, including interest earned on the Trust Account, to pay for the Excise Tax.
KR

Hot Stocks

08:35 EST Kroger pauses share repurchase program - Kroger expects to continue to generate strong free cash flow and remains committed to investing in the business to drive long-term sustainable net earnings growth, as well as maintaining its current investment grade debt rating. The Company expects to continue to pay its quarterly dividend and expects this to increase over time, subject to board approval. Kroger has paused its share repurchase program to prioritize de-leveraging following the proposed merger with Albertsons. Kroger's net total debt to adjusted EBITDA ratio is 1.57, compared to 1.63 a year ago. The company's net total debt to adjusted EBITDA ratio target range is 2.30 to 2.50.
MLSS

Hot Stocks

08:34 EST Milestone Scientific granted U.S. government's SAM registration of CompuFlo - Milestone Scientific announced that its CompuFlo Epidural System has been granted registration with the U.S. Government's System for Award Management, SAM. A SAM registration is required for entities to bid on contracts and conduct business with federal government agencies, including the Department of Defense, Department of Veterans Affairs, Indian Health Service and other government agencies. Arjan Haverhals, Chief Executive Officer of Milestone Scientific, noted, "We are pleased to receive this SAM registration for the CompuFlo Epidural System, which is required by all commercial entities to sell products within the U.S. government. Given the safety benefits and efficiencies associated with our instrument, we believe there is a significant market opportunity within agencies such as the Department of Defense and the Department of Veterans Affairs, where we believe our system will contribute to improved patient outcomes. This approval is an important step in the overall decision-making and payment process. In addition, we are actively pursuing U.S. Federal Supply Service approval for the CompuFlo Epidural Instrument which, if granted, would provide uniform pricing across government agencies."
M

Hot Stocks

08:33 EST Macy's y/y sales performance softer in 1H23 vs. 2H
KR

Hot Stocks

08:33 EST Kroger reports Q4 gross margin 21.8%
IMAX

Hot Stocks

08:33 EST Imax and Cineplexx Austria sign agreement for three new Imax locations - Imax and Cineplexx Austria announced an expansion of their partnership with an agreement for three new Imax with Laser systems in Europe. Cineplexx, Austria and Southeastern Europe's largest cinema operator, will deploy the new systems in Austria and Kosovo, the first Imax system for the country. Cineplexx currently operates eight Imax locations across Austria, Serbia and Greece, with one additional location in backlog prior to this agreement.
YTEN AAL

Hot Stocks

08:32 EST Yield10 Bioscience, American Airlines sign MOU to form collaboration - Yield10 Bioscience (YTEN) announced that it signed a Memorandum of Understanding, MoU, with American Airlines (AAL) on February 27, 2023 to collaborate in developing the value chain for Camelina as a low-carbon feedstock oil for sustainable aviation fuel. Under the MOU, Yield10 and American plan to work together to support the development of the Camelina oil-based SAF value chain with the potential to secure offtake agreements for Camelina oil-based SAF for use in the commercial airline business. Oliver Peoples, Ph.D., President and Chief Executive Officer of Yield10 Bioscience said, "With this new relationship in place with American, we continue to make progress toward our goal of establishing a network of collaborations across the biofuel value chain to support the establishment of Camelina as a major new source of feedstock oil for transportation fuel. We are excited to be aligned with American on the potential for Camelina to play an important role in sustainably de-carbonizing SAF. We look forward to working closely with American to establish the performance profile of Camelina feedstock oil and to develop the value chain for SAF from field to flight."
NXGL

Hot Stocks

08:31 EST NexGel acquires 50% interest in JV with CG Laboratories - NEXGEL announced the acquisition of 50% interest in a newly formed joint venture, JV, CG Converting and Packaging, LLC, with C.G. Laboratories for its converting and packaging business. The agreement is effective March 1, 2023. "We are excited to announce this strategic opportunity with one of our largest and long-standing customers," said Adam Levy, Chief Executive Officer of NEXGEL. "CG Labs converting and packaging division is already a successful and profitable business that has been one of NEXGEL's largest customers for over 15 years. This transaction immediately increases capacity, improves margins and streamlines our supply chain. There are also significant synergies between the two operations, allowing for the onboarding of potential finished goods customers that in the past were not large enough to be practical for CG Labs or might be too large for NEXGEL to on board alone, as well as combined marketing and customer outreach." Under the terms of the agreement, this JV, named CG Converting and Packaging, LLC, will be owned 50% by NEXGEL. CG Labs will contribute its existing converting and packaging division to the JV, including, but not limited to, its facilities, equipment, employees, and customers. NEXGEL will contribute $500,000 to the JV to be used for equipment and facility upgrades as well as general corporate purposes.
GABC

Hot Stocks

08:26 EST German American Bank appoints Michael Beckwith as CBO - German American Bancorp and its banking subsidiary, German American Bank, announces that Michael Beckwith has been appointed Executive Vice President, Chief Banking Officer, effective April 1, 2023. Beckwith will succeed current EVP and CBO Randall Braun, who will be retiring. Beckwith joined German American Bank through the acquisition of First Security Bank in 2018 where he served as President and CEO.
CNNEF

Hot Stocks

08:18 EST Canacol Energy says gas sales averaged 191 MMscfpd in February - Canacol Energy provided the following information concerning its February 2023 natural gas sales and near term drilling program. Realized contractual natural gas sales were 191 million standard cubic feet per day for February 2023. The Corporation is currently running intermediate casing to 10,300 feet measured depth. Upon completion the drilling will continue to a planned total depth of approximately 16,000 ft md. The Natilla 1ST is targeting gas charged sands of the Porquero and Cienaga de Oro reservoirs. The Corporation anticipates the well will take approximately 6 more weeks to drill, complete, and test.
M

Hot Stocks

08:18 EST Macy's CEO: About 90% of mall base is profitable on four-wall basis
CRAI

Hot Stocks

08:17 EST Charles River Associates expands share repurchase program by $20M - CRA's board of directors authorized a $20M expansion of the company's existing share repurchase program, in addition to the $22.9M currently remaining under the program. CRA may repurchase shares of its common stock in the open market or in privately negotiated transactions in accordance with applicable insider trading and other securities laws and regulations. The timing, amount and extent to which CRA repurchases shares will depend upon market conditions and other factors it may consider in its sole discretion.
VATE

Hot Stocks

08:17 EST INNOVATE Corp. announces date change for Q4, 2022 earnings call - INNOVATE Corp. announced a change to its fourth quarter and full year 2022 earnings results and conference call date. The Company will now report its fourth quarter and full year 2022 financial results after market close on Tuesday, March 14, 2023. The Company will host an earnings conference call reviewing these results, its operations and strategy on the same day, beginning at 4:30 p.m. ET.
SPXSF

Hot Stocks

08:16 EST Spirax-Sarco to host webinar: Steam in Hospitals - Spirax Sarco announced their live free webinar: Steam In Hospitals. This one-hour online event will be held Wednesday, March 22, 2023 at 11:00 AM, Eastern time. Webinar attendees will learn steam system best practices for hospitals and how to improve steam quality in their hospital, while also mitigating the patient risk from infections and unsterile equipment. How to achieve sustainability goals will also be discussed during this live event. This exclusively designed webinar is for Hospital Safety Managers, Operations Managers, Sterilization Managers, Facility Managers and Directors, and Healthcare Engineers.
HEOFF

Hot Stocks

08:15 EST H2O Innovation, WateReuse Association create beer from purified recycled water - H2O Innovation sponsors a beer developed in collaboration with Fox City Brewing made with purified recycled water from Las Virgenes Municipal Water District. Attendees of the 2023 WateReuse Symposium will be offered the opportunity to taste the beer, which is called Revival Lager. The event will be held in Atlanta, GA, from March 5th through the 8th, 2023. On Sunday, March 5, 2023, the WateReuse Association will host a Welcome Reception for hundreds of water professionals, during which attendees can taste the eco-friendly beer. This beer, which was brewed in Forsyth, is a first for the State of Georgia, which, like several other States, recycles many things, but very little water. The beer's name signifies that the water used as its main ingredient was granted a second life, and the project is intended to stress the importance of sustainability in the way we use, and reuse, one of the world's most precious resource: water. The recycled water comes from the LVMWD's water reuse demonstration facility in California, the Pure Water Project Las Virgenes - Triunfo, where H2O Innovation supplied the ultrafiltration and reverse osmosis treatment systems in 2020. This project is part of a Joint Powers Authority between LVMWD and the Triunfo Water and Sanitation District. The RO and UF systems used to treat the water in such an advanced purification facility meet the highest quality standards and produce an extremely pure water.
NKOSF

Hot Stocks

08:15 EST Labrador Gold report results from recent drilling targeting Appleton Fault Zone - Labrador Gold announces results from recent drilling targeting the highly prospective Appleton Fault Zone over a 12km strike length. The drilling is part of the Company's ongoing 100,000 metre diamond drilling program at its 100% owned Kingsway Project. "The long intersection at the HTC zone, significantly extending this zone to depth, is encouraging especially as we also continue to step out towards the northeast. We have also made significant step outs in recent holes to the southwest, with assays pending, such that Big Vein has now been drilled over a strike length of approximately 590 metres and remains open in both directions." said Roger Moss, President and CEO. "Two rigs continue drilling at Big Vein to test for extensions of the mineralization to both the northeast and southwest."
AGNPF

Hot Stocks

08:14 EST Algernon Pharmaceuticals appoints Brody to advisory board - Algernon Pharmaceuticals announces that its subsidiary Algernon NeuroScience, AGN Neuro, has appointed Dr. David L. Brody as a consultant for its clinical research program for the treatment of Traumatic Brain Injury, TBI, with AP-188. Dr. Brody, MD, PhD is a board-certified neurologist with both a research and a clinical specialization in TBI and neurodegenerative diseases. Dr. Brody was the Norman J. Stupp Professor of Neurology at the Washington University School of Medicine in St. Louis.
M

Hot Stocks

08:14 EST Macy's sees low single digit annual net sales beginning in 2024 - Targeting low single digit annual net sales and comparable owned plus licensed sales growth beginning in 2024.
CATG

Hot Stocks

08:13 EST Capstone Technologies' DrivenIQ launches AMP platform - Capstone Technologies Group announced that its subsidiary DrivenIQ has launched AMP, an Audience Intelligence Customer Data Platform. The company said, "This powerful, first-of-its kind technology helps brands and marketers identify and engage with new in-market audiences, while ingesting and normalizing their existing customer data to craft more effective marketing campaigns and maximize ad spend."
ROVR

Hot Stocks

08:13 EST Rover Group launches Rover Gear walking collection - Rover announced Rover Gear-the company's first-ever line of branded merchandise. Rover Gear is launching with a walking collection that includes comfortable and easy-to-use walking gear. "Rover designed Rover Gear with safety in mind using insights from pet experts, pet parents, and real dog walkers who have been part of 75M Rover services booked," the company said. "We're always looking for new ways to make it easier for everyone to have the unconditional love of a pet in their life and believe Rover Gear is another element that delivers on our mission," said Lara Bain, merchandising and product expert at Rover. "With the launch of Rover Gear, we wanted our customers to feel confident in knowing that their dog's needs-and their needs-are met, wherever their walk takes them."
NOGN

Hot Stocks

08:12 EST Nogin's ecommerce technology drives holiday sales performance for Kenneth Cole - Nogin announced that Kenneth Cole is working with Nogin to drive higher sales and boost margins. During the 2022 holiday season, Nogin and Kenneth Cole's partnership led to particularly exceptional sales performance, with the fashion retailer exceeding its forecasts on each day of Cyber Week, achieving as much as 102% and 117% overperformance on Black Friday and Cyber Monday, respectively. "As the direct-to-consumer landscape becomes increasingly competitive, brands need intelligent strategies to attract, convert and retain consumers, while still optimizing growth," said Jonathan Huberman, Nogin President and CEO. "In working with Kenneth Cole, our smart promotional, merchandising and segmentation strategies were key to upleveling the ecommerce experience, increasing conversions and unlocking vital time and cost efficiencies for the brand. We look forward to our continued partnership with Kenneth Cole as the company continues to strengthen its online business, capturing more consumer dollars and driving increased profits."
IDEX

Hot Stocks

08:11 EST Ideanomics subsidiary selected by global OEM for new two-wheel electric vehicle - Ideanomics subsidiary Energica Motor, maker of electric motorcycles, and a major global original equipment manufacturer, or OEM, are collaborating to develop a new line of electric two-wheel vehicles. Energica Inside, a business unit of Energica, is providing design and engineering services. Energica Inside provided a feasibility study to identify a final configuration for an off-road electric vehicle platform. The company's engineers and designers performed a technical assessment of the OEM's existing platform and battery pack to validate the definitive product battery specification. Energica Inside already has several projects underway, including a collaboration with U.S. electric tractor manufacturer Solectrac. Energica Inside is helping Solectrac develop its next generation of electric tractors.
M

Hot Stocks

08:11 EST Macy's entering 2023 in position of financial, operational strength, says CEO
LAC

Hot Stocks

08:10 EST Lithium Americas commences construction at Thacker Pass - Lithium Americas announces the commencement of construction at its 100%-owned Thacker Pass lithium project in Humboldt County, Nevada, following the receipt of notice to proceed from the Bureau of Land Management, BLM. "Starting construction is a momentous milestone for Thacker Pass and one we have been working towards for over a decade," said Jonathan Evans, President and CEO. "We are excited about the prospect of generating economic growth in Northern Nevada and playing a major role in the domestic lithium supply chain for electric vehicles."
CDIO

Hot Stocks

08:09 EST Cardio Diagnostics announces 'notice of allowance,' expanding patent portfolio - Cardio Diagnostics Holdings announced that China's Patent Office has issued a Notice of Allowance to the University of Iowa Research Foundation or UIRF, for Chinese Patent Application No. 201780049286.4, titled "Compositions and Methods for Detecting Predisposition to Cardiovascular Disease." The patent is exclusively licensed to the Company from UIRF and was co-invented by Cardio Diagnostics' founders, Meesha Dogan, Ph.D., and Robert Philibert, MD, Ph.D., the Chief Executive Officer and Chief Medical Officer of the Company, respectively. A Notice of Allowance means that the Chinese Patent Office has determined that the invention meets the requirements for patentability. After paying the required fees, the Chinese patent will be issued. Patents have already been granted to the same family of intellectual property claims in the United States and Europe. "We are excited to receive the Notice of Allowance in China as it represents a significant step toward our goal to continue to expand and strengthen our IP position," said CEO Meesha Dogan, Ph.D. "As a precision medicine company building solutions that are backed by a robust and growing IP portfolio, we are committed to improving healthcare outcomes globally."
GALT

Hot Stocks

08:09 EST Galectin Therapeutics provides final randomization status of NAVIGATE - Galectin Therapeutics announced that in late December 2022, it ended the enrollment of new patients into NAVIGATE, its phase 2b/3 study of belapectin in patients with liver cirrhosis caused by non-alcoholic steatohepatitis, NASH. The last patient was randomized into NAVIGATE at the end of February 2023. NAVIGATE has randomized 357 patients, above its initial objective of approximately 315 patients. NAVIGATE is the first study of its kind and is a global effort that recruited patients in 14 countries and on five continents. The main efficacy objective is the primary prevention of esophageal varices. Joel Lewis, the Company's President and Chief Executive Officer said: "We are gratified to reach this important milestone. The last randomization will allow us to focus on efficiently executing our program and other stated goals for the rest of the year. On behalf of the whole team at Galectin Therapeutics, I again want to personally thank our investigators and their teams, along with all of the patients in the trial, for participating in this innovative study. I also am extremely grateful for the commitment and dedication of all of our employees in enabling us to reach this milestone."
INFN

Hot Stocks

08:09 EST Infinera appoints Ryan Perera as SVP, APAC sales - Infinera announced that Ryan Perera has joined Infinera as Senior Vice President of APAC Sales. In this role, Ryan will lead Infinera's efforts to scale the business and achieve faster-than-market growth across the region, fully leveraging Infinera's leading suite of optical systems and subsystems capabilities. Prior to Infinera, he served as Ciena's Vice President of Asia Content & Subsea Networks and India for more than a decade.
AKAM

Hot Stocks

08:08 EST Akamai to acquire Ondat, terms not disclosed - Akamai announces that it has entered into a definitive agreement to acquire Ondat, a cloud-based storage technology provider with a Kubernetes-native platform for running stateful applications anywhere at scale. Ondat's technology delivers persistent storage directly onto any Kubernetes cluster for running business-critical, stateful applications safely across any public, private and hybrid clouds. The acquisition of Ondat's cloud storage technology and its industry-recognized talent is intended to strengthen Akamai's cloud computing offerings. Ondat's employees, including founder and chief technology officer Alex Chircop, will join Akamai's cloud computing business. Ondat, headquartered in London, U.K., is a privately funded company. The acquisition is expected to close in the first quarter of 2023. Akamai anticipates no material impact to the company's financial guidance for 2023 as a result of the transaction.
BIVI

Hot Stocks

08:08 EST BioVie announces completion of patient enrollment in Phase 3 trial of NE3107 - BioVie announced that its NM101 trial evaluating NE3107 in the treatment of patients with Alzheimer's Disease, has achieved its revised enrollment target of 400 patients. The Company anticipates announcing top line results from the study in October 2023. The NM101 trial is a potentially pivotal Phase 3 randomized, double blind, placebo controlled, parallel group, multicenter study to evaluate NE3107 in patients who have mild to moderate Alzheimer's disease. The study has co-primary endpoints looking at cognition using the Alzheimer's Disease Assessment Scale-Cognitive Scale and function using the Alzheimer's Disease Cooperative Study-Clinical Global Impression of Change. "We look forward to having topline data from this trial in October," said Cuong Do, BioVie's President and CEO. "We are optimistic that this trial will provide similar data to what was seen in the Phase 2 exploratory study, which showed that patients treated with NE3107 experienced enhanced cognition as measured by multiple assessment tools, including a 2.1 points improvement on the modified ADAS-Cog12 scale."
BNGO

Hot Stocks

08:07 EST Bionano Genomics announces publication of results from OGM trial - Bionano Genomics announced two publications detailing results from the clinical trial designed to support establishing optical genome mapping as part of the standard of care in diagnosis of genetic disease for postnatal patients. The clinical trial is designed to compare OGM to SOC, including concordance, reproducibility, technical success rate and the rate of detecting reportable findings in cases. A peer-reviewed publication covered an interim readout of the study, which showed OGM's high technical performance and reproducibility across sites versus SOC analysis. The preprint publication extended the study to additional patients and measured the rate of detecting reportable findings by OGM compared to that of SOC methods in analysis of samples from individuals with neurodevelopmental disorders, including developmental delay, intellectual disability and autism spectrum disorder.The peer-reviewed publication describes OGM performance metrics like first pass success rate and reproducibility from site-to-site, operator-to-operator and run-to-run for the first time ever and for the largest number of samples investigated with OGM to date. Key findings were reported as follows: Unblinded concordance with standard of care; Partially concordant with SOC - 0.5%; Blinded concordance with SOC - 97.6%; First-pass success rate for OGM - 90.2%; Overall success rate - 98.8%; 100% agreement on Fragile X syndrome calls for "full expansion or not full expansion" in 401 samples; The pre-print publication describes OGM performance metrics compared to SOC methods for challenging samples from diagnosed and undiagnosed rare diseases. Key findings were reported as follows: Concordance for all combined samples against SOC methods - 99.6%; For a subset of 79 prospectively collected samples from patients suspected of a genetic disorder, SOC had reportable findings in 19 cases [24%]; OGM had reportable findings in 27 cases, corresponding to a 42% increase in the number of cases with reportable findings when OGM was used; For another subset of cases consisting of 135 retrospectively collected samples from patients suspected of autism spectrum disorders, SOC found reportable variants in 63 samples; OGM identified reportable variants in 83 samples corresponding to a 32% increase in the number of cases with reportable findings when OGM was used. Authors of the peer-reviewed publication concluded that study results demonstrate the high technical performance of the OGM workflow for postnatal samples. The authors reported that intersite, interrun, and intrarun performance demonstrates the reproducibility of the OGM workflow, suggesting the potential for easy adoption and validation. The authors further underscored that OGM is not limited to copy number variation analysis alone, but can also resolve balanced structural rearrangements, size repeat expansions like FMR1 and repeat contractions like D4Z4 and noted that OGM identified additional variants that were undetected by SOC. In summary, the authors concluded that a single approach, like OGM, can allow genetic laboratories to provide rapid results with a cost-effective solution. The pre-print publication results demonstrate the potential of an OGM workflow to detect all classes of SVs with higher resolution, including aneuploidies, triploidy, translocations, inversions, insertions, microdeletions, microduplications, nucleotide repeat expansions or contractions, and absence of heterozygosity. In contrast to variants of uncertain significance that are detected by microarray, which are limited to gains and losses, the VUSs reported by OGM include multiple types of SVs, several of which reside in candidate genes associated with the phenotype. The authors concluded that OGM can offer a simple and streamlined workflow that can detect relevant genomic aberrations and mitigate the need for numerous testing platforms and time-consuming wet lab work, potentially improving lab performance by reducing the associated time and costs.
PZZA

Hot Stocks

08:07 EST Papa John's to repurchase 2,176,928 shares from Starboard for $82.52 per share - Papa Johns also announced it has entered into an agreement to repurchase 2,176,928 shares of Papa Johns common stock beneficially owned by Starboard at a purchase price of $82.52 per share. The price of the share repurchase represents a discount of approximately 4% to the closing price of Papa Johns common stock on March 1. Following the repurchase, Starboard will beneficially own 582,432 shares, representing approximately 2% of Papa Johns' outstanding shares. The company will fund the share repurchase with cash on hand and funds available under its revolving credit facility and remains well positioned to continue funding its strategic plan from its operating cash flows. The share repurchase from Starboard is being made pursuant to the company's existing share repurchase authorization. Papa Johns previously announced a share repurchase program for up to $425M of the company's common stock, in addition to a $75M share repurchase authorization announced in 2020. As a result of the shares already repurchased in the open market and this transaction, Papa Johns will have approximately $90M remaining available under its current authorization. With this repurchase from Starboard, Papa Johns will have spent more than $410M on share repurchases, buying back more than 10% of its shares outstanding since 2020. The transaction was negotiated by an independent committee of the Papa Johns board formed for the purpose of evaluating a possible transaction with Starboard. Papa Johns' independent director, Christopher Coleman, will succeed Jeffrey Smith as board chair effective immediately.
NVEE

Hot Stocks

08:07 EST NV5 Global acquires Gaudet Associates - NV5 Global announced that it has acquired Gaudet Associates. Gaudet Associates has worked on behalf of owners to oversee new facility development and renovations in Florida for 35 years and strengthens NV5's existing owner representation capabilities. The acquisition was made with a combination of cash and stock and will be immediately accretive to earnings. "With the fastest growing population in the nation and recent growth in tourism, Florida building owners are turning to owner representatives for construction and renovation oversight to meet the needs of Florida's residents and visitors," said Dickerson Wright, PE, Chairman and CEO of NV5. "Gaudet Associates has been serving the Florida market for over three decades, and we look forward to the contributions that it will bring to our existing owner representation group in the state."
M

Hot Stocks

08:06 EST Macy's expects discretionary spend to be under pressure in 2023, says CEO
M

Hot Stocks

08:06 EST Macy's: Consumer in better shape than 2019, but prices for services higher - Comments taken from Q4 earnings conference call.
KTOS

Hot Stocks

08:06 EST Kratos Defense partners with XipLink to deploy satellite network acceleration - Kratos Defense & Security Solutions announced that it is partnering with XipLink, to enable its market leading network acceleration product, XipOS, as an orchestrated, cloud-native software module running on Kratos' OpenSpace dynamic satellite ground platform. Widely used across the communications industry, XipOS enhances the user experience by dramatically improving link utilization and network efficiency while reducing latency effects, improving response time by 30% or more. OpenSpace Platform users will now benefit from orchestrating XipOS immediately, on demand as a fully integrated component of their end-to-end satellite network, from the gateway all the way to the terminal at the network's far edge. "Satellite terminals have historically been built on dedicated, proprietary hardware devices. As a result, companies like XipLink were forced to require additional hardware to deploy their applications, often at both the gateway and remote locations," said Kevin Tobias, Director of Edge Product Management Solutions at Kratos. With OpenSpace and Kratos' recently introduced OpenEdgeTM software-enabled satellite terminals, operators can greatly improve their time to revenue while dramatically reducing cost and complexity."
HZO

Hot Stocks

08:05 EST MarineMax announces Anthony Cassella as CFO - MarineMax announced the promotion of Anthony E. Cassella, Jr. to Executive Vice President Finance and Chief Accounting Officer. Cassella has served as Vice President of MarineMax since February 2016, and Chief Accounting Officer since October 2014 at which time he was appointed an Executive Officer of the Company. Since joining MarineMax in 1998, Mr. Cassella has excelled in numerous positions of increasing responsibility, including Director of Accounting and Shared Services from October 2007 until February 2011 and Regional Controller from March 1999 until October 2007.
SSKN

Hot Stocks

08:04 EST Strata Skin Sciences announces launch of new XTRAC website - STRATA Skin Sciences announced the launch of the new XTRAC website. The new website educates patients on XTRAC excimer laser therapy for the treatment of psoriasis, vitiligo, and atopic dermatitis. "We are proud to announce the launch of our new XTRAC website," stated Bob Moccia, Chief Executive Officer of STRATA Skin Sciences. "Our goal in designing this new resource is to increase product awareness, make it easy for patients to seek out treatment at their convenience, and ultimately allow more patients with these conditions to benefit from XTRAC therapy."
PZZA

Hot Stocks

08:04 EST Papa John's chairman Jeffrey Smith resigns, Christopher Coleman succeeds - Papa John's announced that Jeffrey Smith, CEO of Starboard Value, and chair of the Papa Johns board of directors has resigned from the board effective as of March 1. Christopher Coleman, a Papa Johns director since 2012, has been appointed the new independent chair of the board.
ATXI

Hot Stocks

08:03 EST Avenue Therapeutics enters license agreement with AnnJi - Avenue Therapeutics announced that it has entered into an exclusive license agreement with AnnJi Pharmaceutical Co, a Taiwanese clinical-stage drug company, for AJ201, a first-in-class clinical asset currently in a Phase 1b/2a study in the U.S. for the treatment of spinal and bulbar muscular atrophy, also known as Kennedy's Disease. "The license for AJ201 brings a cutting-edge asset into Avenue's pipeline that is the lead molecule in the clinic to treat Kennedy's Disease, a debilitating rare neuromuscular disorder. With AJ201 leading the way, we are confident in the potential of our diversified portfolio of three assets to deliver value for investors in the near term and patients in the longer term," said Alexandra MacLean, M.D., Chief Executive Officer of Avenue. Under the terms of the license agreement, AnnJi will receive upfront payments of $3 million and is entitled to receive future development, regulatory and commercialization milestone payments, as well as royalties on net sales of the licensed product. Avenue will also issue 831,618 shares of its common stock to AnnJi in connection with the initial closing of the license transaction and up to an additional 276,652 shares upon achievement of a clinical milestone, aggregating in total to not more than 19.99% of the Company's current total number of outstanding shares of common stock. The agreement includes the U.S., Canada, European Union, Great Britain and Israel as exclusively licensed territories.
WKSP

Hot Stocks

08:02 EST Worksport's first factory job fair attracts roughly 100 applicants - Worksport was pleased to welcome close to 100 applicants seeking employment at the Company's recent job fair held on February 23, 2023 at its 220,000 sq. ft. Western New York manufacturing facility. The participants ranged from those desiring production jobs on the factory floor to quality control and engineering candidates.
VRME

Hot Stocks

08:02 EST VerifyMe acquires digital identity protection company Trust Codes - VerifyMe has acquired the assets of Trust Codes, a New Zealand business specializing in unique item level codes for brand protection, data intelligence and consumer engagement technology with an expertise in the food and agriculture industry. Trust Codes, founded in 2013, delivers cloud-based brand protection based on a unique per-item digital identity. Trust Codes currently has employees in New Zealand and Australia and an existing customer base with recurring revenue.
HD RBLX

Hot Stocks

08:02 EST Home Depot launches new Virtual Kids Workshops on Roblox - The Home Depot (HD) launched a new Virtual Kids Workshop, an experience in Roblox's (RBLX) Redcliff City that challenges gamers to play and learn by collecting materials to build projects. The Home Depot's debut into the metaverse marks its latest investment in the future of interconnected experiences - all while introducing a whole new generation of doers to home improvement and the joy of building.
LPLA

Hot Stocks

08:02 EST LPL Financial: Lanier Wealth joins broker-dealer, RIA, custodial platforms - LPL Financial announced that financial advisor Timothy Lanier CFP, CRPC has joined LPL Financial's broker-dealer, RIA and custodial platforms. He reported having served approximately $300 million in advisory, brokerage and retirement plan assets, and joins LPL from VALIC Financial Advisors, the broker-dealer for AIG Retirement Services.
TD FHN

Hot Stocks

08:01 EST TD Bank, First Horizon continuing to engage with regulators on applications - TD Bank (TD), in slides being president on its Q1 earnings conference call, said it and First Horizon (FHN) are continuing to engage with regulators on applications. The companies, which extended the merger agreement to May 27, are continuing conversion planning and developing end-state strategies for integration across all lines of business and corporate functions. They are continuing to engage with and communicate with First Horizon employees and internally on deal closing, integration and conversion progression. Additionally, TD said it is in discussions with First Horizon about a potential further extension.
NEXCF

Hot Stocks

07:50 EST Nextech AR Solutions launches ML, computer vision technology for Toggle3D - Nextech AR Solutions announced the launch of new machine learning and computer vision technology for the Toggle3D platform. The company said, "These features will open up opportunities for developers looking for an efficient way to create complex virtual experiences with minimal effort or cost constraints."
ARWYF

Hot Stocks

07:49 EST ARway enters museum AR wayfinding pilot, partnership with ERNACT - ARway Corporation announced a digital transformation pilot project for an Interactive Augmented Reality experience with wayfinding and content for the Donegal County Museum. This pilot is part of a larger European digital transformation project through ERNACT called The Public Link. The pilot will run for 60 days. It represents the first project in what is anticipated to be part of a much larger opportunity for similar projects all over the European Union. The ERNACT network of regions currently has 12 live Digital Transformation projects, involving 50 regions and 60 organizations.
SNOA

Hot Stocks

07:48 EST Sonoma, MicroSafe announce additional EPA claims for Nanocyn disinfectant - Sonoma Pharmaceuticals and its partner, the MicroSafe Group DMCC announced that Nanocyn hospital-grade disinfectant has received additional claims from the U.S. Environmental Protection Agency for effective use against Methicillin Resistant Staphylococcus Aureus, Salmonella, Norovirus, Poliovirus, and as a fungicide. Moreover, Nanocyn has also received the esteemed Green Seal Certification after surpassing a series of rigrous standards that measure environmental health, sustainability and product performance. The additional claims add Nanocyn to the EPA's List G, Antimicrobial Products Registered with the EPA for Claims Against Norovirus, and List H, Registered Antimicrobial Products with Label Claims Against MRSA and/or Vancomycin-resistant Enterococcus faecalis/faecium. MRSA is a type of bacteria that is resistant to several antibiotics and can cause pneumonia and other infections. Athletes, daycare and school students, military personnel in barracks, and those who receive inpatient medical care or have surgery or medical devices inserted in their body are at higher risk of MRSA infection. Nanocyn hospital grade disinfectant is expected to be commercialized by the summer of this year.
DECPF

Hot Stocks

07:45 EST Diversified Energy completes acquisition of upstream assets from Tanos - Diversified Energy announces the closing of its acquisition of certain upstream assets and related facilities in Texas, within the Company's Central Region, from Tanos Energy Holdings II LLC, a portfolio company of Quantum Energy Partners. Concurrently, the Company also completed an acquisition-related redetermination of the borrowing base of its Sustainability Linked Loan resulting in a 50% or $125 million increase in the borrowing base to $375 million.
AMRZF

Hot Stocks

07:43 EST Arena Minerals receives interim court order, announces special meeting - Arena Minerals announced that an interim order from the Ontario Superior Court of Justice has been obtained by Arena and Lithium Americas Corp. in connection with the proposed acquisition of all of the issued and outstanding common shares of Arena by LAC by way of plan of arrangement announced by the parties on December 20, 2022. The Interim Order, among other things, authorizes Arena to call and hold a special meeting of the holders of: the Arena Shares; stock options; and warrants to approve the Arrangement under the Business Corporations Ac. In accordance with the Interim Order, the Meeting will be held on April 6, 2023 at the offices of Arena, 1410-120 Adelaide, Street West, Toronto, Ontario M5H 1T1, at 10:00 a.m. The record date for determining the Shareholders entitled to receive notice and to vote at the Meeting has been fixed to be the close of business on March 6, 2023 as will be more particularly described in the management information circular of Arena, which will be mailed to Securityholders. All Securityholders entitled to vote are encouraged to vote in person or by proxy at the Meeting.
ETRGF

Hot Stocks

07:41 EST Entourage Health launches new Color Cannabis, Saturday Cannabis products - Entourage Health announces the expansion of its brand portfolio with new offerings. The Company's Color Cannabis and Saturday Cannabis adult-use products include distinct cultivars, large-format flower and infused pre-rolls, now available in Ontario and Alberta, with expansion into the rest of Canada over the next few months.
BBIG

Hot Stocks

07:41 EST Vinco Ventures says Lomotif platform fills void created by potential TikTok ban - The company said, "On March 1, 2023, the U.S. House of Representatives Foreign Affairs Committee voted to put H.R. 1153 or the Deterring America's Technological Adversaries Act to a vote of the full House of Representatives and the Senate. The bill would appear to give the Executive Branch of the U.S. government the ability to impose a full nationwide ban on TikTok under the International Emergency Economic Powers Act, citing the need to crack down on China-related economic activity. The bill, in its present form, would require the U.S. President to impose penalties on any entities which, among other things, might knowingly transfer TikTok user data to any foreign person working in conjunction with the government of China in areas such as hacking, surveillance or information gathering involving the U.S. And Vinco Venture's Lomotif platform stands ready to step up and fill the void created by a potential TikTok ban. Lomotif is a mobile social media and video editing app with a simple and user-friendly interface that makes it easy for anyone to create professional-looking videos using their smartphone. It is designed for short videos, making it perfect for social media content creators who want to create engaging videos quickly. In addition, Lomotif makes it easy to share videos on social media platforms and is free to download and use. Most important, Lomotif is owned by a public company in the USA."
SAIA

Hot Stocks

07:40 EST Saia provides first quarter LTL operating data - Saia is providing LTL shipment and tonnage data for the first two months of the first quarter. In January 2023, final LTL shipments per workday declined 4.0%, LTL tonnage per workday declined 3.7% and LTL weight per shipment increased 0.2% to 1,442 pounds compared to 1,439 pounds in January 2022. In February 2023, LTL shipments per workday declined 7.6%, LTL tonnage per workday declined 7.6% and LTL weight per shipment declined 0.1% to 1,405 pounds compared to 1,406 pounds in February 2022.
AMST

Hot Stocks

07:39 EST Amesite, Benedict College launch technology upskilling pilot program - Amesite launched its upskilling pilot with Benedict College. This marks the first offering of the NAFEO-Amesite Alliance to equip learners with the skills they need to succeed in the ever-changing tech landscape. "Benedict's commitment to their students is admirable, and Amesite is proud to be able to provide them with a scalable online infrastructure and technology upskilling content to enable them to deliver this learning with excellence. This pilot is another example of how we can deliver much-needed upskilling campus-wide, very efficiently," said Dr. Ann Marie Sastry, Founder and CEO of Amesite.
MGDPF

Hot Stocks

07:38 EST Marathon Gold provides inaugural Valentine construction progress report - Marathon Gold provides an update on construction progress at its 100% owned Valentine Gold Project located in central Newfoundland. Matt Manson, President and CEO, commented: "We are providing today the first of what will be quarterly progress reports on construction at the Valentine Gold Project... Our permanent camp, which will initially have 352 beds, is nearing completion and will be available to support the major construction activities around the mill, which have commenced, and at the Tailings Management Facility, which are scheduled to begin in the second quarter... After a winter start-up with a new team using new equipment and field-based maintenance services, we saw production rates achieved in February which will successfully support our construction schedule. We continue to see the sector-wide inflationary pressures reported by our peers, especially in labour and contractor rates, and are working to mitigate these through our procurement practices and scope control. Overall, this has been a solid start-up for what will be Atlantic Canada's largest gold mine."
PTN

Hot Stocks

07:37 EST Palatin's PL8177 shows therapuetic efficacy in inflammatory bowel disease - Palatin announced that Frontiers in Immunology published a manuscript summarizing data demonstrating oral PL8177 provides therapeutic effects in inflammatory bowel disease and pharmacokinetic data from a clinical study showing PL8177 remains restricted to the gut. Key findings included maintenance of intact colon structure and barrier, reduced immune cell infiltration, and increased enterocytes with PL8177 treatment. Compared with vehicle, PL8177 treated colon samples show positive effects on immune marker genes and diverse, well known immune-related pathways. Palatin is conducting a Phase 2 clinical study of PL8177, with once daily oral dosing in adult patients with active UC. The PL8177-205 interim assessment is expected to occur in the first half of calendar year 2023, with final topline data anticipated in the second half of calendar year 2023.
SELB

Hot Stocks

07:37 EST Selecta Biosciences sees cash runway into mid-2024 - Selecta had $136.2 million in cash, cash equivalents, marketable securities, and restricted cash as of December 31, 2022, as compared to cash, cash equivalents, marketable securities, and restricted cash of $129.4 million as of December 31, 2021. Selecta believes its available cash, cash equivalents, restricted cash, and marketable securities will be sufficient to meet its operating requirements into mid-2024
BRTX

Hot Stocks

07:37 EST BioRestorative receives notice of allowance by USPTO for ThermoStem program - BioRestorative Therapies announced that the United States Patent and Trademark Office, USPTO, has issued a notice of allowance for a patent application related to the Company's metabolic ThermoStem program. The notice of allowance was issued on February 24, 2023. This will be the third patent granted under this particular family of intellectual property, claims granted under the new patent cover implantable three-dimensional scaffolds and brown adipocytes that have been derived from human brown adipose-derived stem cells. "This is the second notice of allowance we have received regarding our ThermoStem program within 2023. This notice of allowance is very meaningful as it provides the Company with further protection and strengthens our technology as we develop and expand into the clinic. Additionally, it enhances our ability to engage with the strategic community on collaborative and partnering opportunities" said Lance Alstodt, the Company's CEO.
VMAR

Hot Stocks

07:35 EST Vision Marine announces opening of second electric boat rental in California - Vision Marine Technologies announce the opening of its second electric boat rental operation in Portside Ventura, California. The operations will be located at 1196 Portside Drive Ventura and is planned to open on April 1st, 2023. The new rental operations will serve multiple purposes, including testing, validating, and training for west coast boat manufacturers. Specifically, the operations will be used to provide evaluation and training on Vision Marine's fully electric E-Motion 180E propulsion system and outboard technology. "We are excited to bring our electric boating operations to Portside Ventura. Our electric boats are not only an environmentally friendly alternative to traditional gasoline-powered boats but will create a unique experience for the residents and the general public," stated Alex Mongeon, co-Founder & CEO of Vision Marine.
SLQT

Hot Stocks

07:34 EST SelectQuote regains compliance with NYSE, to seek approval for reverse split - SelectQuote announced that it received notice from the New York Stock Exchange on March that the Company has regained compliance with the Exchange's minimum stock price requirement. The Company previously received a letter from the New York Stock Exchange on October 20 indicating the Company was no longer in compliance with the Exchange's continued listing standards, as the average share price of the Company's common stock over a consecutive 30 trading-day period had fallen below $1.00. As of February 28 , the share price and 30 trading-day average share price of the Company's common stock had risen above $1.00, curing the stock price deficiency. In light of this development, the Company has no immediate plans to effect a reverse stock split; however, the Company will still seek approval of the reverse stock split proposal currently pending before the Company's stockholders to afford the Board of Directors the ability to effect a reverse split in the future if it determines doing so would be in the best interest of the Company and its stockholders. Accordingly, the Company still intends to hold the special stockholder meeting scheduled for 9:00 AM CT on Thursday, March 2 .
DYN

Hot Stocks

07:34 EST Dyne Therapeutics expects cash to fund operations through 2024 - Cash, cash equivalents and marketable securities were $256.0 million as of December 31, 2022, which is anticipated to fund operations through 2024.
CME

Hot Stocks

07:34 EST CME Group reached ADV of 28.2M contracts in February - Market statistics are available in greater detail. Reference Link
PRE AZN

Hot Stocks

07:32 EST Prenetics announces formation of scientific advisory board - Prenetics Global (PRE) announces the formation of a new Prenetics Scientific Advisory Board to provide strategic input based on their scientific knowledge and clinical expertise to help guide the further development of Prenetics' diagnostic cancer genomics platform. Prenetics' SAB appointees include: Prof. Mok will lead the SAB and currently serves as Chairman of the Department of Clinical Oncology of Chinese University of Hong Kong, is a non-executive director of AstraZeneca (AZN), and an independent director of HUTCHMED Limited. Prof. Pasi Janne is a translational thoracic medical oncologist at the Dana Farber Cancer Institute and Professor of Medicine at Harvard Medical School. Prof. Yang has been a professor in the department of internal medicine at the College of Medicine for 27 years. Dr. Hua Chien Chen is the Co-founder and the Chief Scientific Officer of ACT Genomics. Dr. Frank Ong, MD. Chief Medical Officer for Prenetics and Interim CEO for ACT Genomics. Dr. Lawrence Tzang is the Co-Founder of Prenetics and has served as its Chief Scientific Officer and director since its founding in 2014.
TRMB

Hot Stocks

07:31 EST Trimble: National Highways extends contract for AgileAssets cloud software - Trimble announced that National Highways, the government-owned company that manages the motorways and major A roads of England, has extended its contract for Trimble's AgileAssets cloud software. The software includes an advanced decision-support solution that helps infrastructure asset managers improve their understanding of future maintenance needs of bridges and other structures. The solution enables National Highways to forecast the condition of bridge assets on England's Strategic Road Network. These forecasts help the organization make efficient use of taxpayer funds to deliver reliable bridge infrastructure throughout National Highways' extensive network.
WDS

Hot Stocks

07:31 EST Woodside Energy enters option agreement on Pel 87 in Orange Basin - Sintana Energy announced that Woodside Energy, a wholly-owned subsidiary of Woodside Energy Group has entered into an agreement whereby it has the option to acquire a 56% Participating Interest in Petroleum Exploration License 87, in consideration for, among other things, paying the full cost for a 3D-seismic survey covering an area of at least 5,000 square kilometres within the area the subject of PEL 87 at an estimated cost of US$35 million. Woodside will have a period of at least 180 days after the delivery of the seismic survey data to exercise that option. If Woodside exercises its option, it has agreed to enter into a farmout agreement whereby Woodside will carry the existing joint venture partners during the drilling of the first exploration well to be drilled on the Licence Area after the completion of the seismic survey. It is anticipated that seismic surveying will start in March 2023 with fast-track processed results expected in late June of this year. Custos Investments retains a 15% interest in PEL 87 and benefits from this carry and other elements of related farmout and joint operating agreements. Sintana owns an indirect minority interest in Custos. PEL 87 covering an area of 10,970 sq km, hosts the large Saturn turbidite complex on-trend with the recent major oil discoveries made in the Orange Basin including Total's Venus-1 discovery and Shell's Graff-1 and La Rona-1 and recent Jonker-1 discoveries have proven a working light oil system offshore Namibia. Shell has now commenced a multi-well drilling program with Jonker-1 near the Graff discovery, and Total has announced its intention to deploy half its global exploration budget for 2023 using two rigs to drill further exploration and appraisal wells in the Orange Basin.
POET

Hot Stocks

07:29 EST Poet Technologies introduces 'POET Infinity' - POET Technologies announced "POET Infinity", a chiplet-based transmitter platform for 400G, 800G and 1.6T pluggable transceivers and co-packaged optics solutions. POET will showcase a live demonstration of early samples at the 2023 Optical Fiber Communication Conference and Exhibition in San Diego. "Our entire team has worked hard on this project, and we are thrilled with the early test results of this unique platform that is expected to be widely embraced by transceiver module manufacturers and the data center market," said Suresh Venkatesan, Chairman & CEO of POET. "DML lasers have proven to be the most reliable and cost-effective solution for high volume deployments, and the POET Optical Interposer enables close integration of electronics and photonics within the chip and the module for exceptional performance at super-high data rates. We are grateful to Lumentum for all of the support they have provided to POET to make their most advanced 56GBaud DML lasers a key part of our market-leading project."
VRNOF

Hot Stocks

07:28 EST Verano Holdings opens MUV Winter Springs in Florida - Verano Holdings announced the opening of MUV Winter Springs on Friday, March 3, 2023; this is the Company's 66th Florida dispensary and 125th retail outlet nationwide. MUV Winter Springs, located at 1315 Tuskawilla Road, is open Monday through Saturday from 9 a.m. to 7 p.m. and Sunday from 11 a.m. to 5 p.m., local time.
APGOF

Hot Stocks

07:28 EST Apollo Silver reports it published its 2022 ESG report - Apollo Silver reports that it has published its 2022 Environmental, Social, and Governance, ESG, Report. "It gives myself, my team, and our Board of Directors great pleasure to welcome each of you to Apollo Silver Corp.'s first ever ESG Report," commented Apollo President and CEO, Tom Peregoodoff, "the report this year, and in subsequent years that will follow, reflects our commitment to the principles embodied by ESG and the transparency by which we hold ourselves accountable to deliver against these principles. ESG and the concepts contained within are embedded in our values. This, along with ensuring we deliver on our commitments is the way we at Apollo operate."
AGI

Hot Stocks

07:27 EST GFG upsizes private placement financing to C$4.2M - GFG Resources announces that due to investor demand it has increased the size of its previously announced private placement financing to raise gross proceeds of up to C$4.2 million. In connection with the Offering, the Company is pleased to announce that Alamos Gold Inc. has committed to purchasing securities to increase their position to a 9.99% interest in the Company upon completion of the Offering. The Offering will consist of any combination of units of the Company at a price of C$0.13 per Unit; common shares of the Company that will qualify as "flow-through shares" for the purposes of the Income Tax Act at a price of C$0.15 per FT Share; and premium units of the Company at a price of C$0.1866 per Premium Unit, subject to maximum aggregate gross proceeds of up to C$4.2 million. Each Unit shall consist of one common share of the Company and one-half of one share purchase warrant, with each whole share purchase warrant entitling the holder thereof to acquire one additional common share of the Company at an exercise price of C$0.18 for a period of 36 months from the date of issuance. Each Premium Unit shall consist of one FT Share and one-half of one Warrant. If during the exercise period of the Warrants the closing price of the common shares of the Company is at a price equal to or greater than $0.26 for a period of 10 consecutive trading days, GFG will have the right to accelerate the expiry date of the Warrants by giving notice, via a news release, to the holders of the Warrants that the Warrants will expire on the date that is 30 days after the issuance of said news release. The gross proceeds raised from the sale of the FT Shares and Premium FT Shares will be used for exploration activities in Ontario that will qualify as "Canadian Exploration Expenses". The net proceeds raised from the sale of the Units and the Warrants comprising, in part, the Premium Units, will be used for exploration activities on the Company's projects in Ontario as well as for general working capital purposes. The Offering is scheduled to close on or about March 15, 2023 and is subject to certain conditions, including, but not limited to, the receipt of all necessary approvals, including the approval of the TSX Venture Exchange. The Offering is being made by way of private placement in Canada and such other jurisdictions as the Company may determine.
BCRX

Hot Stocks

07:27 EST BioCryst reports inducement grants under Nasdaq listing rule - BioCryst Pharmaceuticals announced that the compensation committee of BioCryst's board of directors granted 12 newly-hired employees stock options to purchase an aggregate of 110,400 shares, and restricted stock units covering an aggregate of 51,300 shares, of BioCryst common stock. The options and RSUs were granted as of February 28, 2023 as inducements material to each employee entering into employment with BioCryst. The options and RSUs were granted in accordance with Nasdaq Listing Rule 5635(c)(4). The options have an exercise price of $8.85 per share, which is equal to the closing price of BioCryst common stock on the grant date. The options and RSUs vest in four equal annual installments beginning on the one-year anniversary of the grant date, in each case subject to the new employee's continued service with the company.
EMOTF

Hot Stocks

07:26 EST Emerita Resources announces assay results from 7 holes at La Romanera Deposit - Emerita Resources announces assay results from seven additional drill holes from the delineation drilling program at 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. According to Ian Parkinson, Executive Vice President of Corporate Development for Emerita, "These deeper holes are particularly noteworthy in that they represent some of the higher grade and thickest intercepts drilled to date and remain open for further expansion of the deposit at depth. It is very exciting to see such wide mineralized intercepts. The excellent gold and silver grades are expected to add significant value to the deposit. These results will be included in our maiden resource estimate."
SUM

Hot Stocks

07:26 EST Summit, Continental Cement conclude CBA with Union employees at Hannibal plant - Summit Materials announces that its subsidiary, Continental Cement Company has successfully completed negotiations with the United Steelworkers Local 11-205 on a new, mutually agreeable Collective Bargaining Agreement at its Hannibal, Missouri, cement plant. The CBA extends through April 2027. "Continental Cement is thrilled to have the union membership ratify the new CBA, which we believe provides a compelling opportunity for our hourly employees," commented David Loomes, Continental Cement President. "We thank the Union, the negotiating committee, hourly employees and the Plant Leadership Team for their role in the process and helping reach this outcome after a long and often intense negotiation process. We are proud to serve the community and to provide secure, well-paying jobs for our hourly and salaried employees. Most importantly, we are proud of our safety record and improved relationship with regulators - both of which are non-negotiable core values for CCC / Summit Materials." The new CBA provides a generous wage settlement and addresses key elements of improving the efficiency and competitiveness of our Hannibal cement facility. The key terms of the new CBA are: "We thank the negotiating teams and employees for reaching this point and ratifying the CBA while upholding our Summit values of safety, integrity, inclusivity, and sustainability," added Anne Noonan, President and CEO of Summit Materials. "We are looking forward to the future and believe the new CBA provides a win-win for our hourly employees and Continental Cement." The new contract period at the Continental Cement Hannibal plant continues through April 30, 2027. The plant produced over 1 million tons of cement in 2021, and fully converted to lower-emitting Portland Limestone Cement in August 2022. The new CBA will run through April 2027 Annual salary increases for the first three years are 5% per year - and 4% per year for the last two years.
ONEW...

Hot Stocks

07:25 EST OneWater Marine appoints Bauza to board of directors - OneWater Marine (ONEW) announced the appointment of Carmen Bauza to the Company's Board of Directors as an additional independent director, effective as of March 1, 2023. This appointment will increase the size of the Board from eight to nine directors, seven of whom are independent. As part of her inclusion on the board, Bauza will also serve on the Audit and Compensation Committees with her fellow board members. Bauza currently serves as a member of the board of directors for Zumiez (ZUMZ), Destination XL Group (DXLG), and the board of managers of Claire's Stores.
NXTTF

Hot Stocks

07:24 EST Lifeist's Cannmart brand Roilty increased sales 43% y-o-y in Alberta - Lifeist Wellness announced that CannMart's in-house concentrates brand Roilty increased sales by 43% year-over-year in the province of Alberta, Canada's second largest cannabis market. Roilty's strength in Alberta, which has become the brand's top selling province, highlights the success that the brand is having across Canada since launching two years ago. Additional Roilty highlights in Alberta are: 17% market share in premium concentrates, with 21% growth month-over-month; 5% market share in the shatter category, growing 44% on average month-over-month; 2% market share in the distillate vapes category, growing 13% on average month-over-month; Strong sales velocity for Roilty's two newest products: Roilty Baron's Bananas Live Resin sold through in one week, Roilty Diamonds & Sauce Terpy Treasures sold through within two weeks; Nearly 300% year-over-year in the number of orders and volume for Roilty products by The Alberta Gaming and Liquor Commission; Products available have expanded from eight in February 2022 to twenty-two in February 2023. Lifeist intends to issue an aggregate of 4,375,000 common shares, without a hold period, as payment of the ninth and final tranche of the remaining base purchase price to the vendors under the share purchase agreement for the acquisition of CannMart Labs Inc. The issuance is considered to be a shares for debt transaction under the policies of the TSX Venture Exchange and remains subject to TSX-V approval.
M

Hot Stocks

07:22 EST Macy's sees FY23 gross margin about 38.7%-39.2% - Sees FY23 CapEx approximately $1B.
ARKO

Hot Stocks

07:20 EST Arko Corp. closes 23rd acquisition, acquires assets of TEG - ARKO announced that subsidiaries of ARKO have completed its previously announced acquisition, acquiring the assets of Transit Energy Group and its affiliates, TEG, which operates as of closing approximately 135 convenience stores, supply fuel to approximately 190 independent dealers, and operates a transportation business with 58 trucks and 78 tanker trailers that supports the retail and wholesale business, all in the Southeastern United States. "ARKO's demonstrated history of growing adjusted EBITDA and cash flow by executing the Company's long-term growth strategy, which is enhanced by our integration capacity and ability to add value to newly acquired stores with our merchandising and marketing is what sets us apart as a convenience retailer," said Arie Kotler, Chairman, President and Chief Executive Officer of ARKO. "We believe we can add value to these stores and well-known regional brands with an enhanced offering as we reset these stores."
GILT

Hot Stocks

07:19 EST Gilat Satellite, Hispasat expand strategic partnership - Gilat Satellite Networks announced that Hispasat selected Gilat's SkyEdge IV platform for operation with its Amazonas Nexus satellite. This marks an expansion of the strategic partnership between the two companies that will enable Hispasat to deliver high-performance, satellite-based fixed data and mobility services. SkyEdge IV, Gilat's next generation platform, is designed to operate with new, adaptable, highly flexible, high throughput and very high throughput satellites, HTS/VHTS, to provide end-users the required capacity where and when needed. "Following a comprehensive technological assessment, we concluded that Gilat's SkyEdge IV platform best meets our needs to operate most efficiently with the advanced capabilities of our new Amazonas Nexus satellite," said Jose Sanchez, Chief Solutions Officer of Hispasat. "We plan to leverage Gilat's SkyEdge IV platform to expand our service coverage in Latin America during the second half of 2023."
EE

Hot Stocks

07:19 EST Excelerate Energy extends time charter agreement with Dubai Supply Authority - Excelerate Energy announced the extension of its Time Charter Agreement with Dubai Supply Authority for the FSRU Explorer. Prior to this agreement, the FSRU Explorer had a remaining firm charter period of approximately three years. Under the terms of the new agreement, the time charter period will be extended by an additional five years from the end of the existing contract in the fourth quarter of 2025. "Reaching an agreement on the extension of our time charter agreement with DUSUP highlights our ongoing efforts to develop and grow our existing, diversified regasification business," said Daniel Bustos, Chief Commercial Officer of Excelerate. "Our current markets are essential to maintaining our solid foundation of revenues and providing new opportunities for downstream growth. We look forward to continuing our partnership with DUSUP and remain committed to providing Dubai with the critical energy security it needs."
AVDL JAZZ

Hot Stocks

07:18 EST Avadel Pharmaceuticals requests final FDA approval for LUMRYZ - Avadel Pharmaceuticals (AVDL) announced that it has submitted an amendment to the U.S. Food and Drug Administration, FDA, requesting final approval for LUMRYZ for the treatment of cataplexy or excessive daytime sleepiness, EDS, in adults with narcolepsy. This submission follows a unanimous 3-0 panel decision by the United States Court of Appeals for the Federal Court on February 24, affirming the previous ruling from the United States District Court for the District of Delaware, ordering Jazz Pharmaceuticals (JAZZ) to delist its U.S. Patent No. 8,731,963 from FDA's Orange Book. Jazz submitted its request to delist the REMS Patent to FDA on February 28. Based on extensive patient and physician research, Avadel estimates the total potential patient population for once-at-bedtime LUMRYZ could be greater than 30,000, and expects LUMRYZ, if approved, to be the treatment of choice for patients suffering from narcolepsy-related EDS or cataplexy. The current twice-nightly oxybate market for narcolepsy in the U.S. is estimated at $1.8 billion comprised of approximately 16,000 patients. In addition, Avadel estimates that in the last three years, 10,000 - 15,000 patients have discontinued their twice-nightly oxybate use, many due to complications associated with middle-of-the-night dosing. Based on the estimated total potential patient population, the market opportunity could be in excess of $3.0 billion annually.
CKPT

Hot Stocks

07:16 EST Checkpoint Therapeutics announces FDA filing acceptance of BLA for cosibelimab - Checkpoint Therapeutics announced that the U.S. Food and Drug Administration, FDA, has accepted for filing the Biologics License Application, BLA, for cosibelimab, Checkpoint's investigational anti-PD-L1 antibody, as a treatment for patients with metastatic cutaneous squamous cell carcinoma, cSCC, or locally advanced cSCC who are not candidates for curative surgery or radiation. The FDA has set a Prescription Drug User Fee Act, PDUFA, goal date of January 3, 2024. In its BLA filing acceptance letter, the FDA indicated that no potential filing review issues have been identified, and that an advisory committee meeting to discuss the application is not currently planned. "The filing acceptance of our BLA is a major milestone for Checkpoint and our promising cosibelimab development program," said James Oliviero, President and Chief Executive Officer of Checkpoint. "We look forward to continuing to work closely with the FDA as we endeavor to bring cosibelimab to patients in need as quickly as possible." Oliviero continued, "As PD-1 inhibitors comprised less than half of patient prescriptions, cSCC remains a disease with a high need for more effective and tolerable treatment options, particularly for the significant number of cSCC patients with immunosuppressive conditions or autoimmune diseases. With its unique mechanism of action and compelling safety profile, we believe cosibelimab, if approved, would be uniquely positioned to provide an important new treatment option for cSCC patients that are currently underserved by available therapies."
JATT

Hot Stocks

07:16 EST JATT Acquisition reports SEC declares Zura Bio registration statement effective - JATT Acquisition announced that the U.S. Securities and Exchange Commission, or SEC, has declared its registration statement on Form S-4 pertaining to the proposed business combination with Zura Bio as effective.
BABYF

Hot Stocks

07:16 EST Else Nutrition increases production capacity to meet demand - ELSE NUTRITION HOLDINGS has begun manufacturing in a second powder production facility in the US and that it will perform the first commercial production in Europe in March 2023. The additional production facilities more than triple Else's production capacity. Until the end of 2022 Else Nutrition had a single powder manufacturing plant that supported its sales in North America and globally. The addition of the two new production facilities will allow Else to satisfy the fast-growing retail demand from brick-and-mortar retailers and online sales from Amazon and Else's e-store. The additional production will reduce the risk of future out-of-stock dramatically. In January and February Else performed two commercial production campaigns in the US, resolving many out-of-stock issues. In March Else will perform three additional production campaigns, two in the US and one in Europe, resolving all remaining out-of-stock issues. Else plans to continue its accelerated manufacturing plan throughout 2023 to support the growing demand and to establish a higher level of available inventory.
ICPT

Hot Stocks

07:14 EST Intercept sees FY23 Ocaliva net sales $310M-$340M - In addition, the company is announcing 2023 non-GAAP adjusted operating expense guidance of $360 million to $390 million.
NTLA

Hot Stocks

07:14 EST Intellia Therapeutics announces FDA clearance of IND for NTLA-2002 - ntellia Therapeutics announced that the U.S. Food and Drug Administration has cleared the company's Investigational New Drug application for NTLA-2002 for the treatment of hereditary angioedema, enabling the company to include the United States in the global Phase 2 portion of its ongoing Phase 1/2 study. NTLA-2002 is an in vivo genome editing candidate designed to inactivate the target gene, kallikrein B1, to permanently reduce plasma kallikrein protein activity and thus prevent HAE attacks after a single-dose treatment.
NTRA

Hot Stocks

07:13 EST Natera announces commercial coverage policies for residual disease test - Natera announced the company's first commercial coverage policies for its molecular residual disease test, Signatera, including its first pan-cancer coverage policy for adjuvant, recurrence monitoring, and treatment monitoring. Effective March 1, Blue Shield of California now provides commercial coverage of Signatera for plan members diagnosed with any solid tumors. Specifically, the policy describes tumor-informed ctDNA testing with Signatera as medically necessary for patients with stage I-IV cancer to provide information for adjuvant or targeted therapy; and/or monitoring for relapse or progression, including but not limited to the use of immunotherapy. In addition, effective January 1, Blue Cross and Blue Shield of Louisiana is providing coverage of serial testing with Signatera for plan members diagnosed with colorectal and muscle invasive bladder cancer and for pan-cancer immunotherapy monitoring.
GHRS

Hot Stocks

07:13 EST GH Research expects cash to fund requirements into 2026 - The company said, "Cash, cash equivalents and marketable securities were $251.7 million as of December 31, 2022, compared to cash of $276.8 million as of December 31, 2021. Marketable securities are comprised of investment grade bonds. We believe that our existing cash, cash equivalents and marketable securities will be sufficient for us to fund our operating expenses and capital expenditure requirements into 2026."
BIG

Hot Stocks

07:11 EST Big Lots CEO says 'focused on growing margin, reducing expenses' - Bruce Thorn, President and CEO of Big Lots stated, "Despite the extremely difficult consumer environment throughout 2022, we've taken action to strengthen and transform our business model. Against that backdrop, we made sequential progress to improve our margins, tightly manage expenses, and right-size our inventories over the last few quarters. Even though our furniture business was adversely impacted by the unexpected closure of our largest vendor, we were able to deliver fourth quarter sales and gross margins that were in line with guidance. Further, our year-over-year inventories came down materially to appropriate levels. We also saw favorability in SG&A, as we tightly managed costs, and have further strengthened our balance sheet through asset monetization efforts. I remain impressed by the agility and efforts of the team, who once again delivered on our targets under challenging conditions. As we enter 2023, we remain excited about the opportunity to provide more value to our customers, while improving our sales and earnings momentum as the year progresses. We continue to accelerate the transformation of our business through key action points. These include offering even more compelling opening price points and better bargains and treasures, which are easier to find and more convenient to shop. In addition, we will continue to take strides to meet our customer's needs, grow our relevance, and be more efficient across our fleet. We remain focused on growing margin, reducing expenses, and making highly disciplined investment decisions."
DFH

Hot Stocks

07:11 EST Dream Finders Homes sees FY23 home closings 6,000 - The company said, "Dream Finders Homes expects approximately 6,000 home closings for the full year 2023. Further deterioration of general economic conditions, including interest rate increases and mortgage availability, as well as any further COVID-19 governmental restrictions on land development, home construction or home sales or additional supply chain challenges could negatively affect the Company's ability to achieve this number of home closings in 2023. As of December 31, 2022, the Company backlog was 5,548 homes, valued at $2.5 billion, with approximately 1,070 homes in backlog expected to be delivered in 2024 and beyond."
ALDX

Hot Stocks

07:10 EST FDA accepts Aldeyra's ADX-2191 NDA for priority review to treat lymphoma - Aldeyra Therapeutics announced that the U.S. Food and Drug Administration accepted for Priority Review the New Drug Application for ADX-2191, methotrexate injection, USP , an investigational drug candidate, for the treatment of primary vitreoretinal lymphoma. The FDA assigned a Prescription Drug User Fee Act PDUFA date of June 21. The FDA noted that no potential filing review issues have been identified. "The FDA's decision to grant Priority Review with a PDUFA date four months from NDA acceptance underscores the significant need for an FDA-approved treatment of primary vitreoretinal lymphoma, a rare but potentially fatal cancer," stated Todd C. Brady, M.D., Ph.D., Aldeyra's President and Chief Executive Officer. "We are working closely with the FDA during the review process to bring ADX-2191 to patients as quickly as possible, and plan to launch ADX-2191 in the United States in the second half of this year, pending approval by the FDA." The NDA submission is supported by a combination of more than three decades of published literature on the safety and efficacy of methotrexate, the active ingredient of ADX-2191, for the treatment of primary vitreoretinal lymphoma, in addition to safety data from the recently completed Phase 3 GUARD Trial of ADX-2191 in patients with proliferative vitreoretinopathy. During the Phase 3 GUARD Trial, no safety signals were observed, and ADX-2191 was well tolerated; there were no observed treatment-emergent serious adverse events. The most common adverse event associated with ADX-2191 treatment was punctate keratitis, a frequently observed side effect of intravitreal methotrexate, that was most commonly mild in severity.
DXR

Hot Stocks

07:07 EST Daxor reports NAV of $6.75 per share for 2022 - Daxor Corporation filed its Annual Report to Shareholders on Form N-CSR on March 1, 2023, disclosing its schedule of portfolio holdings as of December 31, 2022. Management reported a NAV of $6.75 per share for fiscal 2022 versus $5.24 for the comparable period in 2021, a $1.51 increase or 36.95%, as well as a 20.5% increase in unaudited revenues and sales for its operating division, which produces and distributes its blood volume analysis diagnostic systems and single use test kits which rose by 59.5%. "We are pleased with our strong financial performance for fiscal 2022 driven by a combination of sold, leased, placed devices for research, and new reference lab accounts with eighteen new clients with orders to install an additional five accounts expected in Q1 of 2023. Additionally, revenue accrued from the U.S. Department of Defense orders as well as third-party companies contracted to conduct blood volume analysis on their products have contributed to our growth," said Michael Feldschuh, President and CEO of Daxor. "Our operating business continues to experience exciting growth and development due to commercialization acceleration and expansion, significant progress in validating our next-generation system set for submission to FDA and subsequent launch this year, and a growing body of clinical evidence from leading research centers have validated the unique value of our diagnostic to save lives and vastly improve health and hospital economic outcomes."
EYPT

Hot Stocks

07:07 EST EyePoint expects cash expects cash to fund operations through H2 of 2024 - The company said, "We expect the cash, cash equivalents and investments on hand on December 31, 2022 and expected net cash inflows from our product sales will enable us to fund our current and planned operations into the second half of 2024."
AER

Hot Stocks

07:05 EST AerCap announces new $500M share repurchase program - Effective through September 30, 2023.
BIG

Hot Stocks

07:02 EST Big Lots sees Q1 SSS down the low to mid-teens range - For the first quarter, the company expects comps to be down in the low to mid-teens range. Net new stores will add about 40 basis points of growth versus 2022. The company expects the first quarter gross margin rate to improve sequentially versus Q4 into the high-30s range. Given an atypically wide range of potential outcomes, the company is not providing EPS guidance at this point. The company expects a share count of approximately 29.1M for Q1. With regard to the full year, the company is targeting improvement in financial results versus 2022. Earnings momentum will be weighted towards the back half of the year, as key actions to improve the business gain traction, and as freight cost reductions continue to be realized. Given greater than usual uncertainty in the macroeconomic environment, at this point the company is not providing formal full year guidance.
JGGC

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07:02 EST GLAMM to become publicly-traded via combination with Jaguar Global Growth I - GLAAM, and Jaguar Global Growth Corporation I entered into a definitive business combination agreement that would result in GLAAM becoming a publicly traded company. As a result of the business combination, GLAAM and Jaguar Global shareholders will exchange their shares for shares in a new combined company. Upon closing of the transaction, NewCo is expected to be renamed at a later date, and its ordinary shares are expected to be listed on the Nasdaq Stock Market under a new ticker symbol. The combined company will have an estimated post-transaction enterprise value of $309 million, assuming no redemptions by Jaguar Global public shareholders. Proceeds from the transaction, before the payment of certain transaction expenses, will comprise up to $244 million of cash held in Jaguar Global's trust account before redemptions, with approximately $200 million in net cash on the balance sheet to fund growth, assuming no redemptions by Jaguar Global public shareholders. The transaction does not include a minimum cash condition. Jaguar Global and GLAAM's respective boards of directors have unanimously approved the transaction, which is expected to close in the third quarter of 2023, subject to regulatory and shareholder approvals. GLAAM's shareholders will roll 100% of their existing GLAAM equity holdings into the combined company and are expected to own approximately 36.1% of the combined company on a non-fully diluted basis immediately following the closing of the proposed business combination, assuming no redemptions by Jaguar Global's public shareholders in connection with the shareholder meeting of Jaguar Global to vote on, among other things, the business combination. All references to cash on the balance sheet, available cash from the trust account and retained transaction proceeds are subject to any redemptions by public shareholders of Jaguar Global and payment of transaction expenses.
BMY JNJ

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07:02 EST Bristol-Myers and Johnson & Johnson launch Phase 3 trial of milvexian - Bristol Myers Squibb (BMY), in collaboration with Janssen Pharmaceuticals, one of the Janssen Pharmaceutical Companies of Johnson and Johnson (JNJ), announced the launch of the Phase 3 Librexia program studying milvexian, an investigational oral factor XIa - FXIa - inhibitor. The Librexia program is the most comprehensive FXIa development program to date and will provide data from nearly 50,000 patients across three indication-seeking studies. Enrollment has begun for the Librexia STROKE trial, which is evaluating milvexian in addition to standard of care antiplatelet therapy for stroke prevention in patients after an acute ischemic stroke or high-risk transient ischemic attack. The Librexia ACS trial, which will evaluate event reduction in acute coronary syndromes in addition to standard of care antiplatelet therapy, and the Librexia AF trial, which will investigate milvexian compared to apixaban in the prevention of stroke in patients with atrial fibrillation, will also initiate during the first half of 2023. Phase 2 proof-of-concept data for milvexian demonstrated a differentiated antithrombotic profile as both a monotherapy and in combination with antiplatelet therapy. Librexia ACS and Librexia AF trials are expected to begin enrolling within the first half of 2023.
LTH

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06:53 EST Life Time Group enters letter of intent for sale-leaseback - Life Time Group announced that the company has entered into a non-binding letter of intent for the sale-leaseback of one property in a transaction totaling approximately $45M in gross proceeds. The proposed transaction is with an institutional real estate investor that has completed multiple sale-leaseback transactions with Life Time previously. The parties intend for the sale and leaseback of the property to be completed in May. Terms are consistent with the company's past transactions.
BKE

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06:52 EST The Buckle reports February comparable store net sales down 6.9% vs. last year - Net sales for February decreased 6.1% to $82.5M from net sales of $87.9M for the prior month ended February 26, 2022.
M

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06:51 EST Macy's jumps 15% to $23.60 after Q4 results beat estimates
M

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06:50 EST Macy's reports Q4 gross margin 34.1%, down from 36.5% in 4Q21 - Merchandise margin declined largely due to planned markdowns and promotions, which were higher relative to last year, when inventory constraints in the industry led to low promotional levels and robust full-price sell-throughs. The higher level of markdowns and promotions was reflective of both the company's commitment to end 2022 with inventories at the right level and composition, as well as its response to the competitive retail environment. Delivery expense as a percent of net sales was 60 basis points lower than the prior year due to a 200 basis points decline in digital penetration combined with lower peak delivery surcharges.
M

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06:49 EST Macy's reports Q4 SSS up 3.1% on owned basis vs. 4Q19 - Comparable sales down 3.3% on an owned basis and down 2.7% on an owned-plus-licensed basis versus the fourth quarter of 2021; up 3.1% and up 3.3%, respectively, versus the fourth quarter of 2019.
M

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06:48 EST Macy's to take 'balanced approach' to expense management, capital allocation - Adrian Mitchell, CFO said, "We have built a solid foundation for long-term, profitable growth through enterprise-wide investments in our supply chain, data and analytics, pricing science, digital and technology which have enabled our operations and talented teams to become more efficient and flexible. Looking ahead, we will continue to take a balanced approach to expense management and capital allocation. With an ongoing focus on maintaining our financial health and strong balance sheet, we will make disciplined investments to drive growth while returning capital to shareholders." "We successfully navigated 2022 from a position of financial and operational strength. Despite an increasingly volatile macroeconomic climate, through the ongoing execution of our Polaris strategy, we remained agile, pivoted to meet customer demand and elevated our approach to inventory management," said Jeff Gennette, chairman and CEO of Macy's, Inc. "In the fourth quarter, we benefited from our disciplined inventory approach and compelling gift-giving strategy, which allowed us to provide fresh fashion and style at great values for all our customers. We were competitive but measured in our promotions, took strategic markdowns and intentionally did not chase unprofitable sales. As we look to 2023 and beyond, we believe our five growth vectors which include our private brands reimagination, off-mall expansion, online marketplace, luxury brands acceleration and personalized offers and communication will further solidify our modern department store positioning."
IGT

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06:48 EST International Game announces content agreement with Ruby Seven Studios - International Game and Ruby Seven Studios announced an agreement that will expand Ruby Seven's extensive content library to include some of IGT's most popular games across Ruby Seven's suite of social casino applications. IGT will provide Ruby Seven players with well-known casino games such as the Wheel of Fortune Slots, Top Dollar Premium and Wolf Run Eclipse.
GNTA

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06:46 EST Genenta Science: FDA grants Orphan Drug Designation to Temferon - Genenta Science announced that the U.S. FDA has granted Orphan Drug Designation to Temferon for the treatment of glioblastoma multiforme.
M

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06:43 EST Macy's reports inventory levels down 3% vs. 2021, down 18% vs. 2019 - Reflecting disciplined controls.
GIB

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06:43 EST CGI Inc. subsidiary extends 10-year partnership with U.S. State Department - CGI Federal, the wholly-owned U.S. operating subsidiary of CGI Inc, announced that it will continue to support consular services for the U.S. Department of State's Bureau of Consular Affairs in the Republic of India. The services will be delivered under a new, 10-year task order awarded in January 2023 under the Global Support Strategy for Overseas Consular Support Services 2.0 contract. Specifically, CGI Federal will leverage its proven CGI Atlas360 solution to provide critical on-site processing support for consular services.
KBR

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06:15 EST KBR signs supply contract with HEC - KBR announced that it has signed a contract with Hyundai Engineering Company, or HEC, to supply proprietary equipment for the first modular plant for its leading advanced plastics recycling technology Hydro-PRT. The plant will be installed at LG Chem's Chronos Project in Dangjin, South Korea. Under the terms of the contract, KBR will supply its proprietary modular solution to HEC for a 20,000 tons per annum plastics recycling unit planned for the Chronos project. This award follows LG Chem's licensing of KBR's Hydro-PRT technology last year.
ENSG

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06:13 EST Ensign Group acquires two skilled nursing facilities in Colorado - Ensign Group acquired the operations of Hampden Hills Post Acute, a 218-bed skilled nursing facility located in Aurora, Colorado, and Mapleton Post Acute, an 84-bed skilled nursing facility located in Lakewood, Colorado. These acquisitions were effective March 1, 2023 and will be subject to long-term, triple net leases. These acquisitions bring Ensign's portfolio to 290 healthcare operations, 26 of which also include senior living operations, across thirteen states.
DGHI BTC

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06:11 EST Digihost reports mining 58.18 Bitcoins in February - Digihost (DGHI) mined 58.18 BTC (BTC) during the shortened month of February, resulting in total holdings of 12.59 BTC at the end of February. The company held cash, BTC and cash deposits of approximately $2.4M as of February 28. In order to prevent equity dilution and to avoid taking on third party debt, the Company made the decision to use its cash and digital asset inventory to fully fund the February 8, 2023 strategic acquisition of its 60 MW power plant. The company sold a portion of its BTC production during February to fully fund its energy costs. The company began February with approximately $5.6M in cash, crypto currencies and cash deposits, provided the vendor of the power plant with $4.6M in cash proceeds and ended February with total cash, BTC and cash deposits of approximately $2.4M. With completion of the Phase 1 build-out at the company's site in Alabama, Digihost's operating capacity at the end of February is close to 100 MW. Digihost now has the ability to increase the company's existing computing power from approximately 0.75 EH up to a level of approximately 2.0 EH early in Q2, an increase of close to 167%.
SIX

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06:08 EST Six Flags reports Q4 guest spending per capita $65.15 vs. $53.00 last year - Total revenue for fourth quarter 2022 decreased $37M, or 12%, compared to fourth quarter 2021, driven by lower attendance, partially offset by higher guest spending per capita. The decrease in attendance was driven by an increase in ticket prices, the elimination of free tickets and heavily-discounted pass products, and fewer operating days. The company did not open six parks in fourth quarter 2022 that were open for Holiday in the Park in fourth quarter 2021, which accounted for 279 thousand additional guests in fourth quarter 2021. The $12.15 increase in guest spending per capita compared to fourth quarter 2021 consisted of a $6.60 increase in Admissions spending per capita and a $5.55 increase in In-park spending per capita. The increase in Admissions spending per capita was primarily driven by higher realized ticket prices, a higher mix of single day tickets, and revenue from memberships beyond the initial 12-month commitment period, which is recognized evenly each month and was spread over a lower amount of attendance in 2022 versus 2021. The higher In-park spending reflects the company's in-park pricing initiatives, and a strong assortment of retail products, food & beverage offerings, rentals, and new events. The company more than offset the decrease in revenue in the fourth quarter 2022 with lower cash operating costs, driven by full-time headcount reductions, fewer total employee hours worked, and lower advertising costs. These efficiency measures were partially offset by higher wage rates and increases in repair and maintenance, utilities, and other costs due to inflation.
AMRX

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06:05 EST Amneal Pharmaceuticals: FDA accepts ANDA for naloxone hydrochloride nasal spray - Amneal Pharmaceuticals announced the U.S. FDA has accepted for review the Abbreviated New Drug Application for naloxone hydrochloride nasal spray, USP, 4mg, which is the generic version of Narcan and is used in the treatment of a known or suspected opioid overdose emergency. According to IQVIA, U.S. annual sales for this product for the 12 months ended December 2022 were $318M. In addition, there are significant volumes of the product purchased directly by U.S. states.
WBA...

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05:45 EST Walgreens with DoorDash, Uber announce free Same Day Rx Delivery for HIV - Walgreens (WBA), in partnership with DoorDash (DASH) and Uber (UBER), announced free, Same Day Rx Delivery of medications for the prevention and treatment of HIV. This service is available to eligible patients within 15 miles of thousands of participating Walgreens retail pharmacies nationwide. This initiative is the latest offering in an ongoing collaboration between Walgreens, DoorDash and Uber. In December 2022, following the companies' response to the White House COVID-19 call to action, the companies launched free Paxlovid delivery services aimed at increasing access to COVID-19 treatment, with a focus on reaching those in socially vulnerable or medically underserved areas.
OTRK

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05:43 EST DOJ charges Ontrak Chairman and CEO Terren Peizer for insider trading scheme - An indictment was unsealed Wednesday charging Terren S. Peizer, the CEO and Chairman of the Board of Directors of Ontrak Inc., a publicly traded health care company, for allegedly engaging in an insider trading scheme in which he fraudulently used Rule 10b5-1 trading plans to trade Ontrak stock. " groundbreaking insider trading indictment demonstrates that the Department of Justice, together with our law enforcement partners, will not allow corrupt executives to misuse 10b5-1 plans as a shield for insider trading," said Assistant Attorney General Kenneth A. Polite, Jr. of the Justice Department's Criminal Division. "As this case shows, we have embraced the use of data to proactively identify and investigate fraud as we continue to ensure that ordinary investors are on an equal playing field with corporate insiders." According to court documents, between May and August 2021, Peizer allegedly avoided more than $12.5M in losses by entering into two Rule 10b5-1 trading plans while in possession of material, nonpublic information concerning the serious risk that Ontrak's then-largest customer would terminate its contract. Peizer is charged with one count of engaging in a securities fraud scheme and two counts of securities fraud for insider trading. If convicted, he faces a maximum penalty of 25 years in prison on the securities fraud scheme charge and 20 years in prison on each of the insider trading charges. The indictment represents the first time that the Department of Justice has brought criminal insider trading charges based exclusively on an executive's use of 10b5-1 trading plans. Reference Link
AMZN

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05:43 EST Amazon announces plans to launch AWS infrastructure region in Malaysia - Amazon Web Services, or AWS, an Amazon company announced plans to launch an AWS infrastructure Region in Malaysia. The new AWS Region will give developers, startups, entrepreneurs, and enterprises, as well as government, education, and nonprofit organizations, greater choice for running their applications and serving end users from data centers located in Malaysia. As part of its commitment to the region, AWS is planning to invest $6B in Malaysia by 2037.
OTRK

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05:40 EST SEC charges Ontrak Chairman Terren Peizer with insider trading - The Securities and Exchange Commission on Wednesday charged Terren S. Peizer, Executive Chairman of the Santa Monica, California-based healthcare treatment company Ontrak Inc., with insider trading for selling more than $20M of Ontrak stock between May and August 2021 while in possession of material nonpublic negative information related to the company's largest customer. "We allege that Mr. Peizer violated Rule 10b5-1 as it has existed for two decades by establishing and executing trading plans while aware of non-public information," said SEC Chair Gary Gensler. "We allege that Mr. Peizer, armed with inside knowledge, avoided millions in losses that ordinary investors suffered. That's insider trading, even when the trading is done through a 10b5-1 trading plan," said Gurbir S. Grewal, Director of the SEC's Division of Enforcement. The SEC's complaint, filed in U.S. District Court in the Central District of California, charges Peizer and Acuitas with violating antifraud provisions of the federal securities laws and seeks permanent injunctive relief, disgorgement of ill-gotten gains with prejudgment interest, civil penalties, and an officer and director bar for Peizer. In a parallel action, the U.S. Department of Justice also announced criminal charges against Peizer. Reference Link
ARGX

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05:39 EST Argenx COO Keith Woods to retire, Karen Massey to succeed - Argenx (ARGX) announced that Karen Massey will join Argenx as COO effective March 13. Massey will succeed Keith Woods, who will remain at Argenx for a transition period to support the launch of subcutaneous efgartigimod, after which he will retire and serve as a strategic advisor on the Commercial Committee of the Argenx board. Massey joins Argenx from Genentech (RHHBY), where she most recently served as senior VP of product development and global clinical operations.
ESLT

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05:14 EST Elbit Systems awarded two contracts valued at $252M in aggregate - Elbit Systems announced that it was awarded two contracts with an aggregate value of $252M to supply artillery rocket systems to a European NATO member country. Under the first contract in an amount of $119M, Elbit Systems will supply a battalion's worth of ATMOS 155mm/52 caliber truck-mounted howitzers systems. The contract will be performed over a period of two years. Under the second contract in an amount of $133M, Elbit Systems will provide two batteries worth of PULS artillery rocket-launcher systems including a package of rockets and missiles. The contract will be performed over a period of three years.
CME

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05:13 EST CME Group reports February Aluminum futures ADV of 3,161 contracts - CME Group announced that participation in Aluminum futures is off to a "strong: start in 2023, reporting record average daily volume, or ADV, in February of 3,161 contracts, up 300% year-over-year, as well as record average daily open interest of 2,549 contracts, up 711% year-over-year and extending through December 2024.
ESLT GD

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05:11 EST Elbit Systems subsidiary awarded $120M follow-on contract from General Dynamics - Elbit Systems (ESLT)announced that its Romanian subsidiary, Elmet International SRL., was awarded a follow-on contract valued at $120M from General Dynamics European Land Systems (GD) to supply unmanned turrets, Remote Controlled Weapon Stationsand mortar systems for the 'Piranha V' Armored Personnel Carrier of the Romanian Armed Forces. The work will performed in Romania over a three-year period. Under the follow-on contract, Elbit Systems will supply UT30 MK2 turrets, RCWS and the SPEAR mortar systems, all fully integrated onboard the GDELS' 'Piranha V' APC. Elbit Systems' UT30 MK2 is a 30mm unmanned light turret that integrates weapon systems, fire control systems, sensors and display systems for enhanced combat effectiveness, situational awareness and target acquisition capabilities. The company's RCWS is a light weight high accuracy 12.7mm weapon station. The SPEAR is a 120mm computerized autonomous vehicular mortar system. In addition to Romania, Elbit Systems' turrets, RCWS and mortar systems have been selected to date by dozens of customers across the world including Israel, U.S.A, Denmark, Austria, Belgium, Brazil, and Croatia.