Stockwinners Market Radar for March 07, 2023 - Earnings, Upgrades downgrades, option trades, Best Stock Advisory Service

MC

Hot Stocks

20:06 EST Moelis exec Mahmoodzadegan sells 23,323 class A shares - In a regulatory filing, Moelis & Co. co-president, MD, Navid Mahmoodzadegan disclosed the sale of 23,323 class A common shares of the company on March 3 at a price of $43.05 per share.
CVX

Hot Stocks

20:02 EST Chevron, JERA sign MOU to explore carbon capture projects in U.S., Australia - Chevron New Energies, a division of Chevron U.S.A. Inc., and JERA Co., Inc. have signed a Memorandum of Understanding that provides a framework for their collaboration on carbon capture and storage projects located in the United States and Australia. This MOU has the potential to expand the significant liquid natural gas relationship that Chevron and JERA have today, and further demonstrates the commitment and dedication both companies have to advancing lower carbon solutions. This MOU furthers the collaboration between the companies in the lower carbon space, following the November 2022 announcement of their collaboration on the potential co-development of lower carbon fuel in Australia and the study of liquid organic hydrogen carriers in the United States.
EARN

Hot Stocks

19:44 EST Ellington Residential estimates book value per share of $8.56 as of February 28 - Ellington Residential Mortgage REIT announced its estimated book value per share of $8.56 as of February 28, 2023, which reflects a year-to-date total economic return of approximately 3.8% through February 28, 2023. This corrects the company's commentary on its earnings call earlier today, where it estimated its book value per share, as opposed to its year-to-date total economic return, as having increased close to 4% through February 28, 2023.
MESO

Hot Stocks

19:07 EST Mesoblast says FDA accepts resubmission of BLA for remestemcel-L - Mesoblast Limited announced that the United States Food and Drug Administration's Office of Therapeutic Products has accepted the company's Biologics License Application resubmission for remestemcel-L in the treatment of children with steroid-refractory acute graft versus host disease. FDA considers the resubmission to be a complete response and has set a Prescription Drug User Fee Act goal date of August 2, 2023. "Over the last two years we have worked tirelessly to address the issues previously raised by FDA. We look forward to working closely with the Agency over the review period with the aim to make remestemcel-L available as a therapy for children suffering from SR-aGVHD," said Mesoblast Chief Executive Silviu Itescu.
AKAN

Hot Stocks

18:56 EST Akanda names Shailesh Bhushan as CFO - Akanda reported that it has appointed a new CFO. Effective immediately Shailesh Bhushan will join the company, and comes to Akanda with more than 25 years of financial and accounting experience. Bhushan's experience includes Chief Accounting Officer roles for Halo Collective and Namaste Technologies and accounting experience with Transact Network and Golden Leaf Holdings.
TDCX

Hot Stocks

18:27 EST TDCX sees FY23 revenue up 3%-8% from FY22 - Sees FY23 adjusted EBITDA margin 25%-29% from FY22.
PBA

Hot Stocks

18:25 EST Pembina Pipeline announces renewal of share repurchase plan - Pembina Pipeline announced that the Toronto Stock Exchange has approved the renewal of Pembina's normal course issuer bid to purchase up to 5% of its issued and outstanding common shares.
FITB

Hot Stocks

18:01 EST Fifth Third to acquire Big Data Healthcare, terms not disclosed - Fifth Third Bancorp announced a definitive agreement to acquire Big Data Healthcare, a technology solutions provider for healthcare payments and remittance. This transaction adds national healthcare revenue cycle capabilities, addressing the complex and complicated needs of clients, while building on Fifth Third's legacy of digital innovation and focus on the healthcare sector. "The healthcare industry is one of the largest and fastest growing segments of the U.S. economy. It's the first and the largest of our industry focus areas," said Kevin Lavender, head of commercial banking at Fifth Third Bank. "Together, we can deliver a specialized client experience driven by innovation." The acquisition, which will be made by an indirect wholly-owned subsidiary of Fifth Third, is subject to customary closing conditions. Financial terms of the transaction have not been disclosed.
CASY

Hot Stocks

17:39 EST Casey's General Stores narrows FY23 same-store inside sales view to up 6%-7% - The previous same-store inside sales outlook was up 5%-7%. The Company sees FY23 same-store fuel gallons to be down 1% to up 1% from previous guidance from flat to 2% higher. The Company is not updating its outlook for the following metrics. Inside margin is expected to be approximately 40%. Total operating expense increase, excluding the one-time benefit received this quarter, is expected to be near the low end of the annual range of approximately 9%-10%. The Company expects to add approximately 80 stores in FY23, and expects to exceed our stated three year commitment of 345 units. Interest expense is expected to be approximately $55M. Depreciation and amortization is expected to be approximately $320M and the purchase of property plant and equipment is expected to be approximately $450M-$500M, including approximately $135M in one-time store remodel costs for recently acquired stores. The tax rate is expected to be between approximately 24%-25% for the year.
CASY

Hot Stocks

17:36 EST Casey's General Stores narrows same-store inside sales view to up 6%-7% - The previous same-store inside sales outlook was up 5%-7%. The Company now expects same-store fuel gallons to be down 1% to up 1% from previous guidance from flat to 2% higher. The Company is not updating its outlook for the following metrics. Inside margin is expected to be approximately 40%. Total operating expense increase, excluding the one-time benefit received this quarter, is expected to be near the low end of the annual range of approximately 9%-10%. The Company expects to add approximately 80 stores in FY23, and expects to exceed our stated three year commitment of 345 units. Interest expense is expected to be approximately $55M. Depreciation and amortization is expected to be approximately $320M and the purchase of property plant and equipment is expected to be approximately $450M-$500M, including approximately $135M in one-time store remodel costs for recently acquired stores. The tax rate is expected to be between approximately 24%-25% for the year.
NSC

Hot Stocks

17:34 EST Norfolk Southern CEO says cause of conductor accident 'not yet known' - Norfolk Southern provided a statement from president and CEO Alan H. Shaw: "As has now been widely reported, one of our Norfolk Southern colleagues was fatally injured overnight in a tragic accident on the job. Louis Shuster, a conductor from Broadview Heights, Ohio, was struck by a dump truck as his train moved through a rail crossing at the Cleveland-Cliffs Cleveland Works facility. I went to Cleveland as soon as I heard the tragic news. At our Rockport Yard, I talked with several railroaders who worked with Lou, as he was known. They shared stories about an individual who was respected and liked by his colleagues. This is an awful day that leaves a hole in our company's spirit. We have reached out to Lou's family to offer our condolences. We will give them time to grieve, and we will be there with support for anything they need. The cause of the accident is not yet known, and we will of course cooperate fully with the National Transportation Safety Board. In some ways, the cause does not matter. I called together every member of our management team this afternoon to emphasize the urgency of finding new solutions. Tomorrow we will hold safety stand-down briefings reaching every employee across our network. Moving forward, we are going to rebuild our safety culture from the ground up. We are going to invest more in safety. This is not who we are, it is not acceptable, and it will not continue."
PPIH

Hot Stocks

17:33 EST Perma-Pipe International awarded $9M+ contract for Winterfell Project - Perma-Pipe International Holdings announced it has been awarded a contract in excess of $9M. The contract is for the Winterfell Project in the U.S. Gulf of Mexico for Beacon Offshore Energy. The project will be executed at Perma-Pipe's facility in the Port of Iberia, Louisiana in the latter part of 2023 and will be completed before the end of the year. The newly awarded project involves the application of Perma-Pipe's FLOW-THERM subsea wet insulation to the flowline that forms a part of Beacon's Winterfell Project, located in the US Gulf of Mexico at a water depth of approximately 5,800 feet.
SNSE

Hot Stocks

17:17 EST Sensei Biotherapeutics adopts a limited duration stockholder rights agreement - Sensei Biotherapeutics announced that a special committee of the Board of Directors adopted a limited duration stockholder rights agreement to protect stockholder interests and maximize value for all stockholders. The Rights Agreement is intended to reduce the likelihood that any entity, person or group is able to gain control of Sensei through open market accumulation without paying all stockholders an appropriate control premium or providing the Board sufficient opportunity to make informed judgments and take actions that are in the best interests of all stockholders. Pursuant to the Rights Agreement, Sensei will issue, by means of a dividend, one preferred share purchase right for each outstanding share of Sensei common stock to stockholders of record on the close of business on March 17. Initially, these rights will not be exercisable and will trade with, and be represented by, the shares of Sensei common stock. The Rights Agreement will expire on March 7, 2024, or earlier, as provided in the Rights Agreement. Sensei remains committed to engaging in constructive dialogue with its stockholders, and the rights plan is not intended to prevent or interfere with any action with respect to Sensei that the Board determines to be in the best interests of the Company and its stockholders. Instead, it will position the Board to fulfill its fiduciary duties on behalf of all stockholders by ensuring that the Board has sufficient time to make informed judgments about any attempts to control or significantly influence Sensei. Jefferies is serving as financial advisor to Sensei and Sidley Austin LLP is serving as Sensei's legal advisor.
SAM

Hot Stocks

17:14 EST Boston Beer CFO Frank Smalla to step down, Matthew Murphy named interim CFO - On March 3, Frank Smalla informed the company that he was stepping down after seven years as the company's Treasurer and CFO, to pursue an opportunity as Chief Financial and Operating Officer with a KKR-backed private equity company. His departure from the company is not related to any disagreement with the company on any matter relating to its operations, policies, or practices. To support an orderly transition, Smalla will remain at the company until mid-April. The company's Board of Directors has launched a formal search process to identify Smalla's permanent replacement. On March 6, the company's Board of Directors approved the appointment of Matthew Murphy to serve as interim Treasurer and CFO until such time as the Company appoints Smalla's permanent successor. Murphy is currently the Chief Accounting Officer of the company, a position he has held since August 2015. Prior to that position, he was the company's Corporate Controller from September 2006 to August 2015. There is no arrangement or understanding with any person pursuant to which Murphy is being elected as interim Treasurer and CFO. There are no family relationships between Murphy and any director or executive officer of the company, and he is not a party to any transaction requiring disclosure under Item 404(a) of Regulation S-K.
META...

Hot Stocks

16:51 EST Senators introduce bipartisan bill to boost US ability to ban TikTok - U.S. Sens. Mark R. Warner D-VA , Chairman of the Senate Select Committee on Intelligence, and John Thune R-SD , ranking member of the Commerce Committee's Subcommittee on Communications, Media and Broadband, led a group of 12 bipartisan senators to introduce the Restricting the Emergence of Security Threats that Risk Information and Communications Technology or RESTRICT Act, legislation that will comprehensively address the ongoing threat posed by technology from foreign adversaries by better empowering the Department of Commerce to review, prevent, and mitigate information communications and technology transactions that pose undue risk to our national security. "Today, the threat that everyone is talking about is TikTok, and how it could enable surveillance by the Chinese Communist Party, or facilitate the spread of malign influence campaigns in the U.S. Before TikTok, however, it was Huawei and ZTE, which threatened our nation's telecommunications networks. And before that, it was Russia's Kaspersky Lab, which threatened the security of government and corporate devices," said Sen. Warner. "We need a comprehensive, risk-based approach that proactively tackles sources of potentially dangerous technology before they gain a foothold in America, so we aren't playing Whac-A-Mole and scrambling to catch up once they're already ubiquitous." "Congress needs to stop taking a piecemeal approach when it comes to technology from adversarial nations that pose national security risks," said Sen. Thune. "Our country needs a process in place to address these risks, which is why I'm pleased to work with Senator Warner to establish a holistic, methodical approach to address the threats posed by technology platforms - like TikTok - from foreign adversaries. This bipartisan legislation would take a necessary step to ensure consumers' information and our communications technology infrastructure is secure." The RESTRICT Act establishes a risk-based process, tailored to the rapidly changing technology and threat environment, by directing the Department of Commerce to identify and mitigate foreign threats to information and communications technology products and services. Other publicly traded companies in the social space include Meta Platforms (META), Pinterest (PINS), Snap (SNAP) and Alphabet (GOOG, GOOGL). Reference Link
SHBI TCFC

Hot Stocks

16:45 EST Shore Bancshares and Community Financial receive regulatory approval for merger - Shore Bancshares (SHBI) , the holding company of Shore United Bank, and The Community Financial (TCFC), the holding company of Community Bank of the Chesapeake, announced that they received the required regulatory approvals from the Office of the Comptroller of the Currency and the Maryland Office of the Commissioner of Financial Regulation for Community Bank of the Chesapeake to be merged with and into Shore United Bank, on the terms and subject to the conditions of the Agreement and Plan of Merger, dated as of December 14, 2022, by and between Shore and TCFC. In addition, the Board of Governors of the Federal Reserve System granted Shore and TCFC a waiver of its merger application requirements. The consummation of the merger remains subject to the approval by Shore's shareholders of the merger and the issuance of shares of Shore's common stock in connection with the merger, the approval by TCFC's shareholders of the merger and the satisfaction of other closing conditions. SHBI and TCFC expect that the merger transaction will close on or about July 1.
KEQU

Hot Stocks

16:37 EST Kewaunee Scientific subsidiary awarded contract for laboratory furniture - Kewaunee Scientific announced that the company's Indian subsidiary has been awarded a contract for laboratory furniture and technical products, delivered on a turnkey basis for Indian Oil Corporation, or IOCL, new green field research and development facility, located in Faridabad, India. The project was awarded by the project general contractor, Shapoorji Pallonji Ltd.
FRTX

Hot Stocks

16:36 EST Fresh Tracks spikes almost 70% after announcing review of strategic options - Shares of Fresh Tracks Therapeutics, a clinical-stage pharmaceutical company, are up 70% or $1.22 per share in late trading on Tuesday to approximately $3.05 per share after the company announced it was evaluating FRTX-02 in healthy subjects, and saying the board approved a strategic review. "FRTX-02 is a potent, highly selective, and orally bioavailable potential first-in-class DYRK1A inhibitor that aims to restore immune balance by modulating both adaptive and innate immune responses in patients with autoimmune and inflammatory diseases. In parallel, the Company's Board of Directors approved a comprehensive process to explore and evaluate strategic options to progress the development of its novel pipeline to maximize shareholder value," said the company in a release
ASR

Hot Stocks

16:34 EST Asur reports February total passenger traffic up 23.9% vs. a year ago - Grupo Aeroportuario del Sureste announced that passenger traffic for February 2023 reached a total of 5.5M passengers, 23.9% above the levels reported in February 2022. Passenger traffic increased year-on-year by 25.6% in Mexico, 21.7% in Colombia and 20.5% in Puerto Rico. The growth of passenger traffic in Mexico, Colombia and Puerto Rico was mainly driven by increases in domestic traffic of 29.3%, 16.8% and 18.1%, respectively and in international traffic of 22.9%, 51.3% and 50.3%, respectively.
VLRS

Hot Stocks

16:34 EST Volaris reports February passengers up 17.3% y/y - Volaris reported its February 2023 preliminary traffic results. In February 2023, Volaris' capacity increased by 20.4% year-over-year, while demand increased by 21.2%; the result was a load factor increase of 0.5 pp YoY to 83.2%. Volaris transported 2.5 million passengers during the month, a 17.3% increase compared to February 2022. Demand in the domestic Mexican and international markets increased by 13.7% and 42.4%, respectively. Enrique Beltranena, Volaris' President and CEO said: "In line with what was stated in our last earnings call in February 22, we are seeing healthy traffic growth and solid booking curves for the upcoming spring season. In February, consumer demand remained robust across all of our markets, with particular strength observed in international regions. Jet fuel prices were slightly more favorable than the prior guidance provided to the market."
BTBT

Hot Stocks

16:32 EST Bit Digital, Mega Matrix establish joint venture - Mega Matrix Corp. announced that its wholly-owned Singapore subsidiary, Saving Digital Pte. Ltd. has formed a joint venture with Bit Digital, Inc. by entering into a shareholders' agreement with MarsProtocol Technologies Pte. Ltd., the joint venture company, to jointly provide proof-of-stake technology tools for digital assets through the staking platform "MarsProtocol", an institutional grade non-custodial staking technology. The JV Company will be domiciled in Singapore. Before offering any services, the JV Company will undertake a regulatory review to ensure that its services are fully compliant with the laws of Singapore and any other nation in which it seeks to conduct business. Pursuant to the Agreement, Saving will control 60% of the Joint Venture. Bit Digital is a sustainability-focused generator of digital assets with large-scale bitcoin mining operations. Bit Digital is headquartered in New York with operations throughout North America. As of December 20, Bit Digital had 7,904 ETH and 2,004 sETH-h with a combined worth of approximately $12.1 million. 2,164 ETH were actively staked as of that date, using either native staking or liquid staking protocols. Bit Digital intends to continue accumulating Ethereum and stake substantially all of its ETH position over time.
GVA

Hot Stocks

16:32 EST Granite awarded $30M contract by the City of Lancaster - Granite has been selected by the City of Lancaster to lead an approximately $30M contract for various improvements to the Avenue J Interchange at California State Route 14. The project will be funded by Caltrans, the City of Lancaster, and the Los Angeles County Metropolitan Transportation Authority and be included in Granite's Q1 CAP 2023. The project scope consists of widening the existing northside on- and off-ramps, constructing new on- and off-ramps on the south side of Ave J, and building four new retaining walls. Additionally, the project will involve landscape beautification. Upon completion, the new northbound off-ramp and the southbound on-ramp to SR 14 will provide an additional access point to the highway, improving safety by relieving congestion on SR 14 and providing increased usability for Ave J. The project is scheduled to start in Spring 2023 and is expected to be completed by Spring 2024.
REED

Hot Stocks

16:31 EST Reed's CFO Tom Spisak resigns, Joann Tinnelly named interim CFO - Reed's announced that Tom Spisak has tendered his resignation as CFO of the company, effective March 30. Tom, who joined Reed's in December 2019, will continue to be available as a resource to ensure a smooth transition. Joann Tinnelly, current Vice President, Corporate Controller, who joined the company in 2018, will be appointed interim CFO until a permanent replacement is identified. Tinnelly brings more than 30 years of finance and accounting experience in global public and private equity company environments.
DBVT

Hot Stocks

16:31 EST DBV Technologies announces first patient screened in VITESSE Phase 3 trial - DBV Technologies announced that the first patient has been screened in the company's VITESSE Phase 3 clinical trial that will evaluate the modified Viaskin Peanut 250 undefined patch in peanut-allergic children ages 4 through 7 years. Viaskin Peanut 250 undefined is a novel treatment designed to re-educate the immune system by introducing microgram amounts of peanut allergen to the immune system through intact skin. The VITESSE trial will use the modified Viaskin Peanut 250 undefined patch and enroll 600 subjects, randomized 2:1 active versus placebo. The study will involve approximately 80 trial sites across the United States, Canada, Australia, and Europe. The primary efficacy endpoint of the study is the percentage of treatment responders in the active versus placebo arms at Month 12. Secondary efficacy endpoints include changes in cumulative reactive dose, eliciting dose and severity of allergic reaction at Month 12 food challenge.
SVFB

Hot Stocks

16:26 EST SVF Investment Corp. 2 will not consummate initial business combination - SVF Investment Corp. 2 announced that as of the close of business on March 9, the Company's publicly held Class A ordinary shares, par value 00.01c will be deemed cancelled and will represent only the right to receive their pro-rata share in the Company's trust account because the Company will not consummate an initial business combination within the time period required by its Amended and Restated Memorandum and Articles of Association. As stated in the Company's Articles and in the Company's registration statement on Form S-1, if the Company is unable to complete an initial business combination within 24 months of the initial public offering, the Company will: cease all operations except for the purpose of winding up, as promptly as reasonably possible but not more than ten business days thereafter, redeem the Public Shares, at a per-share price, payable in cash, equal to the aggregate amount then on deposit in the Trust Account, including interest earned on the funds held in the Trust Account and not previously released to the Company to pay its regulatory compliance costs and/or income taxes, if any, divided by the number of the then-outstanding Public Shares, which redemption will completely extinguish public shareholders' rights as shareholders; and as promptly as reasonably possible following such redemption, subject to the approval of the Company's remaining shareholders and the Company's board of directors, liquidate and dissolve, subject in each case to the Company's obligations under Cayman Islands law to provide for claims of creditors and the requirements of other applicable law. The per-share redemption price for the Public Shares will be approximately $10.21. The balance of the Trust Account as of March 3 was approximately $235,033,747, which includes $5,033,747 in interest and dividend income. In accordance with the terms of the related trust agreement, the Company expects to retain $100,000 of the interest and dividend income from the Trust Account to pay dissolution expenses. As of the close of business on March 9, the Public Shares will be deemed cancelled and will represent only the right to receive the Redemption Amount on or around March 23. The Company anticipates that the Public Shares will cease trading on The Nasdaq Capital Market as of the close of business on March 9. The Redemption Amount will be payable to the holders of the Public Shares upon delivery of their shares to the Company's transfer agent, Continental Stock Transfer & Trust Company. Beneficial owners of Public Shares held in "street name," however, will not need to take any action in order to receive the Redemption Amount. The Company's sponsor has agreed to waive its redemption rights with respect to its outstanding Class B ordinary shares issued prior to the Company's initial public offering. There will be no redemption rights or liquidating distributions with respect to the Company's warrants, which will expire worthless. After March 9 the Company shall cease all operations except for those required to wind up the Company's business. The Company expects that Nasdaq will file a Form 25 with the Commission in order to delist the Company's securities.
GOLF

Hot Stocks

16:26 EST Acushnet CFO Pacheco sells 20,000 common shares - In a regulatory filing, Acushnet CFO Thomas Pacheco disclosed the sale of 20,000 common shares of the company on March 6 at a price of $51.92 per share.
PYPL

Hot Stocks

16:18 EST PayPal reports Blake Jorgensen stepping down as CFO - Effective March 7, Blake Jorgensen will step down from his position as Chief Financial Officer of PayPal Holdings, following a leave of absence for health reasons that started in September, the company announced. Jorgensen will remain with the company as a senior advisor through September 15. At the start of Blake's leave of absence in September 2022, Gabrielle Rabinovitch was named acting Chief Financial Officer and she will continue in that role, PayPal stated. Reference Link
SJM

Hot Stocks

16:17 EST J.M. Smucker names Gail Hollander as Chief Marketing Officer - Hollander will assume the Chief Marketing Officer role, effective April 10, following a 20-year career at Publicis Groupe, the third largest communications firm in the world, where she most recently served as President, Groupe Client Lead.
BNNR

Hot Stocks

16:16 EST Banner Acquisition announces letters of intent for business combination - Banner Acquisition Corp. announced its intent to create, via business combination with multiple targets, a new publicly traded platform focused on the property services sector. Banner has entered into multiple letters of intent with target companies in the sector and intends to continue seeking additional acquisition targets that provide services in areas such as cleaning, HVAC, plumbing, landscaping, pest control, residential solar and energy management, restoration, facility management and other related businesses. As a result of the signed letters of intent, pursuant to the provisions of Banner's Amended and Restated Certificate of Incorporation, Banner has until June 10, 2023 to consummate its business combination. The letters of intent are non-binding with respect to all material terms, except with respect to certain customary provisions. There can be no assurance that the parties will enter into definitive agreements or that the parties will consummate the transactions on the terms or timeframe currently contemplated, or at all. If Banner does not consummate a business combination on or before June 10, 2023, and Banner's stockholders have not approved an extension of the combination period by amending the Charter, there will be a mandatory liquidation and subsequent dissolution of Banner.
COCO PEP

Hot Stocks

16:15 EST Vita Coco appoints Corey Baker as CFO - Vita Coco (COCO) announced the appointment of Corey Baker to the role of CFO, effective immediately upon the filing of the company's annual report on Form 10-K. He will report directly to the CEO, Martin Roper. Baker joins The Vita Coco Company from PepsiCo (PEP).
SUMO

Hot Stocks

16:15 EST Sumo Logic withdraws previous financial guidance due to pending transaction - In a separate press release issued on February 9, Sumo Logic announced that it has entered into a definitive agreement to be acquired by entities affiliated with Francisco Partners Management. A copy of the press release and supplemental materials can be found on the investor relations page of Sumo Logic's website at investors.sumologic.com. The additional details and information about the terms and conditions of the definitive agreement and the transactions are available in the Current Report on Form 8-K filed by Sumo Logic with the Securities and Exchange Commission on February 9, .Given the announced transaction, Sumo Logic will not host an earnings conference call or provide financial guidance in conjunction with this earnings release. Sumo Logic is also withdrawing its previous financial guidance as a result of the pending transaction. For further detail and discussion of Sumo Logic's financial performance please refer to Sumo Logic's Annual Report on Form 10-K for the quarter and fiscal year ended January 31 , which will be filed subsequently with the SEC.
SFIX

Hot Stocks

16:14 EST Stitch Fix CFO Dan Jedda to step down, David Aufderhaar to succeed - The company announced Dan Jedda is to step down as CFO to pursue another opportunity: to be succeeded by David Aufderhaar, SVP of finance, Stitch Fix effective April 3.
BMRN

Hot Stocks

16:13 EST BioMarin: FDA accepts sNDA to expand use of VOXZOGO for injection - BioMarin Pharmaceutical announced that the U.S. FDA has accepted the company's supplemental New Drug Application for VOXZOGO for injection to expand treatment in the United States to include children with achondroplasia under the age of 5. Achondroplasia is the most common form of disproportionate short stature. The FDA has set a PDUFA target action date of October 21, 2023 for the sNDA.
KAMN

Hot Stocks

16:11 EST Kaman, PHI Aviation announce commercial agreement - Kaman Corporation and PHI Aviation announced at the 2023 HAI Heli-Expo that Kaman's subsidiary, Kaman Aerospace Corporation and PHI have entered into a master commercial agreement for the promotion, sales and support of a commercial version of Kaman's KARGO UAV unmanned aerial system, including collaboration relating to its ongoing design and certification. In connection with that agreement, Kaman and PHI entered into a Non-Binding Memorandum of Understanding that outlines PHI's intent to purchase 50 units of Kaman's commercial KARGO UAV. Kaman and PHI expressed their commitment to work together to bring KARGO UAV to the broader commercial market and offer field support in the future.
FRTX

Hot Stocks

16:10 EST Fresh Tracks announces results for dose parts of FRTX-02 study - Fresh Tracks Therapeutics announced positive topline results from the single ascending dose and multiple ascending dose parts of its Phase 1 clinical trial evaluating FRTX-02 in healthy subjects. FRTX-02 is a potent, highly selective, and orally bioavailable potential first-in-class DYRK1A inhibitor that aims to restore immune balance by modulating both adaptive and innate immune responses in patients with autoimmune and inflammatory diseases. In parallel, the Company's Board of Directors approved a comprehensive process to explore and evaluate strategic options to progress the development of its novel pipeline to maximize shareholder value."The results from Part 1 of the first-in-human Phase 1 study demonstrate the potential of FRTX-02 as a generally safe and well-tolerated, once-daily oral treatment for a broad range of autoimmune and inflammatory diseases," commented Andy Sklawer, President and Chief Executive Officer of Fresh Tracks. "This clinical trial marks the first time an oral DYRK1A inhibitor intended for patients with autoimmune diseases has entered the clinic, and these topline SAD and MAD data reinforce our enthusiasm for the continued development of FRTX-02 as a potential first-in-class therapy. However, to fully unlock the potential of the Company's pipeline considering our current capital resources, we have determined it is prudent for us to initiate a comprehensive review of strategic options with the goal of maximizing shareholder value as we look to advance the clinical development of FRTX-02 and progress our earlier-stage assets." Dr. Bernard Khor, MD, PhD, Principal Investigator and Assistant Member at the Benaroya Research Institute for Translational Medicine and Affiliated Assistant Professor at the University of Washington, added, "I am encouraged by the results from the FRTX-02 Phase 1 SAD and MAD clinical study. These safety, pharmacokinetics and exploratory pharmacodynamics ("PD") data expand our understanding of DYRK1A's potential as a promising, novel target with potential clinical utility that could have disease modifying effects in autoimmunity and inflammation. Furthermore, the results from this trial mark an important step forward for inhibition of the historically undruggable DYRK1A target and highlight the potential of FRTX-02 as a first-in-class, once-daily oral autoimmune therapy. I look forward to participating in the continued development of FRTX-02."
FWRD

Hot Stocks

16:06 EST Forward Air says shipments per day fell 6.7% QTD - Forward Air provided the following key Expedited Freight Operating statistics for the quarter-to-date period through February 2023. Shipments per day decreased 6.7%, revenue per hundredweight ex fuel increased 2.6%, while pounds per day decreased 12.7% and weight per shipment decreased 6.5% over the same period last year. Tom Schmitt, Chairman, President and Chief Executive Officer of Forward Air commented: "We entered the year seeing declines in volumes. However, we have recently seen improving momentum in volumes as we ended February and began March with a 6.2% decrease in pounds vis-a-vis a record period last year." Mr. Schmitt further stated: "Our Grow Forward initiative, a focus on high value freight, an efficient operating network, strategic pricing discipline, and an expanded customer base, has gained traction over the past three years. The Forward Force growth initiatives and Forward Game Shape efficiency and cost management initiatives, as discussed on the fourth quarter 2022 earnings call, are underway as planned. Our Forward Force growth initiatives are bolstered by externally validated research confirming our industry leading on time and damage free shipments. This premium service is reflected in our increased shipment quality. For the quarter-to-date period through February 2023, our weight per piece increased 13.4% and revenue per ton mile increased 9.0% over the same period last year. We often talk about stretches in the live events business, and we stretched in 2023 as shipments for our live events business increased 12.7% in January as compared to the same period last year. We also stretched with our Canadian business, which is up 21.4% quarter-to-date through February 2023 as compared to the same period last year. Under our Forward Game Shape initiative, we reduced our headcount by more than 200 full time employees, excluding the impact of recent acquisitions, over the past three months, our outside miles continue to be below 5% and all other cost management efforts including travel reduction are on track."
SNCY

Hot Stocks

16:05 EST Sun Country Airlines appoints Jennifer Vogel chair of board - Sun Country Airlines has appointed Jennifer L. Vogel as chair of the board of directors, effective March 7. Vogel, former senior vice president, general counsel, secretary and chief compliance officer of Continental Airlines ., joined the board in October 2022. Vogel has extensive board governance and executive leadership experience. She has served on multiple public company boards, overseeing major transactions, and leading the development of best practices in corporate governance, crisis and enterprise risk management, executive compensation, and corporate compliance. At Continental, she played key roles in helping the airline achieve substantial global expansion, including the merger of Continental Airlines with United Airlines. She serves on the board of AAR Corp, and previously served on the boards of Virgin America Inc., American Science and Engineering, Inc., and Clearwire Corporation. She has been recognized as one of the "Most Influential Corporate Board Directors" by Women's Inc., "Most Powerful and Influential Women in Texas" by the Texas Diversity Council and Texas Diversity Magazine.
MRNS

Hot Stocks

16:04 EST Marinus Pharmaceuticals names Steven Pfanstiel COO - Steven Pfanstiel has been promoted to Chief Operating Officer in addition to current role as Chief Financial Officer, the company said.
MRNS

Hot Stocks

16:04 EST Marinus sees FY23 ZTALMY U.S. net product revenue $15M-$17M - For the fiscal year 2023, the company expects ZTALMY U.S. net product revenues of between $15 million and $17 million, BARDA revenues in the range of $8 million to $11 million and total GAAP operating expenses, inclusive of SG&A and R&D, to be in the range of $165 to $175 million, of which the company expects stock-based compensation to be approximately $16 million.
PRTS

Hot Stocks

16:04 EST CarParts.com expects to deliver profitable growth in FY23 - David Meniane, CEO of CarParts.com, said, "For 2023 and beyond, we continue to put our customers and team members at the center of our strategy and feel prepared to tackle the future with intention, focus, and discipline as we gain market share. We are in a strong position to thrive and continue delivering profitable growth amid whatever changes the market brings us. We believe that doing this will benefit our shareholders in the years to come and grow the intrinsic value of our company."
CP KSU

Hot Stocks

13:14 EST CP announces ratification of new collective agreement with BLET in Midwest - Canadian Pacific announced the ratification of a new collective agreement with the Brotherhood of Locomotive Engineers and Trainmen, or BLET, representing hundreds of CP and Kansas City Southern locomotive engineers and trainmen in U.S. Midwest locations, which will take effect upon the consummation of the proposed CP-KCS combination, which remains subject to receipt of regulatory approval by the U.S. Surface Transportation Board. CP's proposed combination with KCS remains subject to regulatory approval by the STB. An STB decision is expected in first quarter of 2023. "These hourly agreements improve pay and quality of life for our employees by providing more scheduled time off, something national agreements typically don't, while creating the operational flexibility needed to deliver better service to our customers. These innovative agreements will create predictable schedules for conductors and engineers and empower us to attract and retain the most talented railroaders in the industry as we successfully serve our customers with, pending regulatory approval, a combined CPKC connecting Canada, the U.S. and Mexico," said Keith Creel, CP President and CEO.
SFT

Hot Stocks

13:01 EST Shift Technologies announces 1-for-10 reverse stock split - Shift Technologies announced that it will effect a 1-for-10 reverse stock split of its Class A common stock, par value $0.0001 per share, that will become effective on March 8, 2023, at 12:01 a.m., Eastern Time. Shift's common stock will continue to trade on The Nasdaq Capital Market under the symbol "SFT" and will begin trading on a split-adjusted basis when the market opens on March 8, 2023. The reverse split is primarily intended to bring the company into compliance with the minimum bid price requirement for maintaining its listing on Nasdaq. To evidence compliance with this requirement, the closing bid price of the company's common stock must be at least $1.00 per share for a minimum of 10 consecutive business days by April 3, 2023.
JBLU SAVE

Hot Stocks

12:58 EST JetBlue, Spirit Airlines to 'vigorously defend' merger plan - JetBlue Airways (JBLU) and Spirit Airlines (SAVE) responded to the filing of a complaint by the U.S. Department of Justice seeking to block the companies' merger, stating: "JetBlue and Spirit will continue to advance our plan to create a compelling national challenger to the Big Four airlines, which control about 80% of the market after years of industry consolidation that the DOJ itself approved. By coming together, we will expand JetBlue's unique offering - where customers do not have to choose between a low fare and a great experience - to boost competition nationally. JetBlue has proven its ability to force the legacy carriers to react to JetBlue's low fares and award-winning service. The DOJ itself said that 'In the face of consolidation, JetBlue has provided an important and steadfast source of competition' and that 'JetBlue's reputation for lowering fares is so well known in the airline industry that it has earned a name: the 'JetBlue Effect.'" JetBlue CEO Robin Hayes said: "Customers deserve a competitive airline marketplace and we will pursue this merger to ensure they get it, continuing to disrupt the legacy airlines with low fares and award-winning service that even the DOJ has applauded. We believe the DOJ has got it wrong on the law here and misses the point that this merger will create a national low-fare, high-quality competitor to the Big Four carriers which - thanks to their own DOJ-approved mergers - control about 80% of the U.S. market. There is too much at stake for the DOJ to prevent us from bringing the JetBlue difference to more customers in more markets." Spirit CEO Ted Christie said: "We disagree with the DOJ's decision to seek to block the proposed merger, which will benefit consumers and employees. We will vigorously defend our position that a combined JetBlue and Spirit will be a game changer for customers nationwide, creating the most compelling national low-fare challenger to the dominant U.S. carriers. Together, we intend to democratize flying for travelers across the country - a goal we believe is worthy of the government's support."
SAVE

Hot Stocks

12:08 EST Department of Transportation to deny JetBlue, Spirit transfer application - The Department of Transportation said it "fully supports" the Justice Department's lawsuit under the Clayton Act to block the proposed JetBlue (JBLU) - Spirit Airlines (SAVE) merger. The agency said in a statement, "Robust airline competition makes it more it affordable to fly. Travelers depend on low-cost flight options to see the world, go home for the holidays, visit their family and friends, show up to help in an emergency, or travel at the last minute. The Justice Department found that the proposed merger violates the Clayton Act by eliminating the largest, most aggressive ultra-low-cost competitor, grounding Spirit's most cost-conscious customers, and substantially reducing competition on a significant number of concentrated, overlapping routes that carry millions of passengers." JetBlue and Spirit have filed a transfer application requesting that the Department of Transportation allow them to combine and operate their international routes under one certificate - the authorization required to provide air transportation. In light of the Justice Department's pending litigation, the DOT said it plans to deny the exemption application. It added, "The Department will continue to separately investigate the transfer as part of its statutory public interest mandate and under its authority to enforce against unfair and deceptive practices and unfair methods of competition. The investigation will remain open for the duration of the proceeding."
PRPO

Hot Stocks

12:04 EST Precipio signs additional HemeScreen customer - Precipio continues to convert its sales pipeline into HemeScreen customers, with an additional recently signed agreement expected to generate annualized revenues exceeding $125,000.
ACN TU

Hot Stocks

12:03 EST Accenture, Telus partner on entertainment, personalized digital life platform - Accenture (ACN) has teamed with TELUS (TU) in the development of TELUS' next-generation entertainment and personalized digital life platform for their customers. The companies together are transforming TELUS' television business into a more efficient, agile, and digital skilled organization. By leveraging Accenture's solutions and experiences in TV software system integrations, TELUS launched an innovative platform for TV and over-the-top content in phases that can be accessed on any device at any time. Future capabilities of the platform incorporate technology such as 5G, Internet of Things and intelligent automation to enable digital life services such as next-generation health and gaming experiences within the home and beyond.
SIEGY

Hot Stocks

12:01 EST Siemens Mobility to inves $220M into North Carolina rail manufacturing facility - Siemens Mobility will expand its manufacturing footprint by building a $220M advanced manufacturing and rail services facility in Lexington, NC. The facility will create more than 500 new jobs and be one of the city's largest employers. With the increased production capacity, Siemens Mobility will fulfill the growing demand for passenger rail in America by producing some of the most innovative and sustainable passenger trains in the North American market. Because of the Biden Administration, North Carolina's Congressional Delegation, and other congressional stakeholders, the Bipartisan Infrastructure Law is enabling American rail and transit operators to make critically needed investments in infrastructure that will position the country to meet the needs of its citizens with rail networks designed for future generations.
BB

Hot Stocks

12:00 EST BlackBerry falls -13.3% - BlackBerry is down -13.3%, or -53c to $3.46.
ARIS

Hot Stocks

12:00 EST Aris Water Solutions falls -17.3% - Aris Water Solutions is down -17.3%, or -$2.29 to $10.95.
AMAM

Hot Stocks

12:00 EST Ambrx Biopharma falls -26.7% - Ambrx Biopharma is down -26.7%, or -$3.35 to $9.19.
SQSP

Hot Stocks

12:00 EST Squarespace rises 11.3% - Squarespace is up 11.3%, or $2.71 to $26.75.
QUOT

Hot Stocks

12:00 EST Quotient Technology rises 13.6% - Quotient Technology is up 13.6%, or 45c to $3.77.
SE

Hot Stocks

12:00 EST Sea Limited rises 18.6% - Sea Limited is up 18.6%, or $12.20 to $77.91.
UBER...

Hot Stocks

11:20 EST NYC cutting proposed minimum pay rate for app-based food delivery workers - New York City has cut its proposed minimum pay rate for app-based food restaurant delivery workers to $19.96 an hour by 2025 from an earlier proposal of $23.82 an hour by 2025, the city's Department of Consumer and Worker Protection stated in a notice of a public hearing and opportunity to comment on its proposed rules. The DCWP is proposing to add rules establishing methods for determining the minimum payments that must be made to a food delivery worker by a third-party food delivery service or third-party courier service, the notice stated. The new proposal calls for a slightly higher 2023 rate of $17.96 per hour, versus earlier proposal of $17.87. Companies that offer food delivery services that could be impacted by the new rules include Uber (UBER), DoorDash (DASH) and Just Eat Takeaway.com (JTKWY). Reference Link
VZ

Hot Stocks

11:08 EST Verizon maintaining outlook for 2023 provided in January, says CFO - CFO Matt Ellis says the consumer is in "good shape overall." Comments taken from the Morgan Stanley Technology, Media & Telecom Conference 2023.
LNSTY MA

Hot Stocks

11:05 EST GIACT partners with MasterCard to leverage Open Banking capabilities - GIACT announces a partnership with Mastercard to leverage its Open Banking capabilities to provide a secure account verification solution for customers.The partnership will build on LSEG's existing suite of digital identity and fraud solutions, allowing businesses to use a multi-method approach to verify account information for over 95%* of U.S. deposit accounts.
FERG

Hot Stocks

11:04 EST Ferguson under pressure following quarterly results, guidance - Shares of Ferguson are under pressure in Tuesday morning trading after the company reported quarterly results, with Q2 net income declining to $374M from $436M the year prior. The company also reported Q2 earnings per share from continuing operations of $1.80 versus $1.97 year-over-year, with Q2 adjusted EPS at $1.91. Ferguson's net sales for the quarter came in at $6.8B, up 4.9% year-over-year. For 2023, the company sees net sales of low single digit growth and adjusted operating margin of 9.3%-9.9%. Additionally, Ferguson also declared quarterly dividend of 75c. PRICE ACTION: Shares of Ferguson have dropped over 3% to $138.76 in Tuesday morning trading.
NUZE

Hot Stocks

11:04 EST NuZee enters manufacturing agreement with Apffels - NuZeeentered into a manufacturing agreement with nationally-recognized, California-based coffee roaster Apffels, which will expand NuZee's manufacturing footprint on the West Coast in an effort to increase efficiencies, grow its margins, and accommodate substantial additional capacity. In addition to manufacturing NuZee's innovative single serve coffee brew bags and pour over products, NuZee plans to begin testing the TiMELESS technology, a new flexible film sealing technology that eliminates the need for one-way plastic degassing valves that are commonly used in the coffee industry at Apffels' manufacturing facility.
LMT

Hot Stocks

11:02 EST Lockheed Martin, Korea Aerospace, Red 6 enter emerging technology partnership - Lockheed Martin, Korea Aerospace Industries and Red 6 Aerospace announced a new partnership that will deliver advanced 21st Century Security capabilities across a spectrum of training and combat aircraft. The partnership will initially bring Red 6's revolutionary augmented reality platform, the Airborne Tactical Augmented Reality System, into the TF-50 and variants. The system gives pilots and ground operators new capabilities to see and interact with synthetic threats in real-time, high-speed environments. Lockheed Martin recently submitted the TF-50A variant in response to the U.S. Air Force's February 2023 request for information for a two-seater aircraft to cover three near-term missions including tactical training, adversarial air support and to serve as a tactical fighter surrogate. The TF-50A is configured as a light attack fighter/trainer with additional enhancements to include radar, electronic warfare system, tactical data link, and other capabilities to meet Air Combat Command requirements. While the ATARS system is initially targeted for the TF-50 and variants, it could eventually be applied to operational Lockheed Martin platforms such as the F-16, F-22 and F-35.
STT

Hot Stocks

10:56 EST State Street CFO sees Q1 NII 'flattish' quarter on quarter - Sees fee revenue, servicing fees at better end of 1%-2% prior range. Expects Q1 software, processing fees to be lower than last year. Sees Q1 NII flattish quarter on quarter. Sees Q1 expenses slightly higher than prior guidance. Sees no change to FY productivity and expense guidance. Comments taken from RBC Global Financial Institutions Conference.
JBLU SAVE

Hot Stocks

10:39 EST DOJ files suit opposing proposed JetBlue acquisition of Spirit Airlines - In a complaint filed in the U.S. District Court for the District of Massachusetts, the Department of Justice is joined by the state of Massachusetts, the state of New York and the District of Columbia in alleging "JetBlue's proposed $3.8 billion acquisition of Spirit would eliminate the largest and fastest-growing ultra-low-cost carrier in the United States." The suit states in part: "JetBlue competes hard against Spirit, and views it as a serious competitive threat. But instead of continuing that competition, JetBlue now proposes an acquisition [that if approved,] JetBlue plans to abandon Spirit's business model, remove seats from Spirit's planes, and charge Spirit's customers higher prices. JetBlue's plan would eliminate the unique competition that Spirit provides-and about half of all ultra-low-cost airline seats in the industry-and leave tens of millions of travelers to face higher fares and fewer options... This acquisition violates Section 7 of the Clayton Act and should be enjoined."
AMBI

Hot Stocks

10:15 EST HPX Corp trading resumes
AMBI

Hot Stocks

10:10 EST HPX Corp trading halted, volatility trading pause
META

Hot Stocks

10:04 EST Meta Platforms says Facebook reached 2 billion daily active users - Tom Alison, Head of Facebook at Meta Platforms, said in a post to the company's newsroom: "Facebook is off to a great start this year. Contrary to reports otherwise, Facebook is not dead nor dying, but in fact alive and thriving with 2 billion daily active users. People are using Facebook for more than connecting with friends and family, but also to discover and engage around what is most important to them... At Meta, we pride ourselves in putting people at the center of new technology trends. Our investments in AI are unlocking new ways for people to discover great new content on Facebook and share it with the people they care about. As our world class Meta AI research teams continue to make advancements in AI, particularly generative AI, Facebook - and Meta more broadly - will look to bring this transformative technology to billions of people and allow them to create and share in new ways. Stay tuned." Reference Link
HII

Hot Stocks

10:01 EST HII receives additive manufacturing approval from Naval Sea Systems Command - HII announced that its Newport News Shipbuilding division recently received approval as a vendor to provide some additive manufacturing components to Naval Sea Systems platforms. The certification enables NNS to use additive manufacturing, or 3D printing, to fabricate pipefittings or other potential components for use on aircraft carriers, submarines and other NAVSEA platforms.
BB

Hot Stocks

10:00 EST BlackBerry falls -10.7% - BlackBerry is down -10.7%, or -42c to $3.56.
AMAM

Hot Stocks

10:00 EST Ambrx Biopharma falls -13.4% - Ambrx Biopharma is down -13.4%, or -$1.69 to $10.86.
ARIS

Hot Stocks

10:00 EST Aris Water Solutions falls -21.0% - Aris Water Solutions is down -21.0%, or -$2.78 to $10.46.
ENFN

Hot Stocks

10:00 EST Enfusion rises 11.4% - Enfusion is up 11.4%, or $1.16 to $11.27.
SE

Hot Stocks

10:00 EST Sea Limited rises 14.0% - Sea Limited is up 14.0%, or $9.19 to $74.89.
QUOT

Hot Stocks

10:00 EST Quotient Technology rises 17.2% - Quotient Technology is up 17.2%, or 57c to $3.89.
LION

Hot Stocks

09:49 EST Lionheart III Corp trading resumes
GRND

Hot Stocks

09:47 EST Grindr falls -10.6% - Grindr is down -10.6%, or -76c to $6.45.
AMAM

Hot Stocks

09:47 EST Ambrx Biopharma falls -10.9% - Ambrx Biopharma is down -10.9%, or -$1.37 to $11.17.
ARIS

Hot Stocks

09:47 EST Aris Water Solutions falls -12.4% - Aris Water Solutions is down -12.4%, or -$1.64 to $11.60.
SE

Hot Stocks

09:47 EST Sea Limited rises 7.0% - Sea Limited is up 7.0%, or $4.61 to $70.32.
SQSP

Hot Stocks

09:47 EST Squarespace rises 7.2% - Squarespace is up 7.2%, or $1.73 to $25.77.
ENFN

Hot Stocks

09:47 EST Enfusion rises 13.2% - Enfusion is up 13.2%, or $1.33 to $11.44.
QUOT

Hot Stocks

09:46 EST Quotient jumps 7% to $3.54 after Reuters says exploring sale
LION

Hot Stocks

09:44 EST Lionheart III Corp trading halted, volatility trading pause
GS

Hot Stocks

09:40 EST Goldman Sachs CEO: U.S. economy has proved to be more resilient - Chairman and CEO David Solomon said the Fed "seems to be doing a good job."
GS

Hot Stocks

09:40 EST Goldman Sachs CEO: Chance of soft landing 'meaningfully higher'
GMVHF MGM

Hot Stocks

09:33 EST BetMGM becomes official sports betting partner of Boston Red Sox - BetMGM is now an Official Sports Betting Partner of the Boston Red Sox. This marks BetMGM's first relationship with a Massachusetts sports team and the first sports betting partnership for the Red Sox. The announcement comes ahead of the state's impending mobile sports betting launch. As part of the partnership, BetMGM signage will be featured at Fenway Park including on the iconic Green Monster, the ballpark's left field wall. BetMGM will have a suite at the stadium and curate VIP fan experiences including access to batting practice with premium seats, alumni appearances, and ceremonial first pitches. Co-branded content will be integrated across both the Red Sox's and BetMGM's digital and social platforms.
IP

Hot Stocks

09:26 EST International Paper rebrands on 125th anniversary - International Paper announced a new corporate website to coincide with a company rebrand as the company celebrates its 125th anniversary in 2023. The new branding was rolled out globally at the beginning of this month and includes an updated website.
S

Hot Stocks

09:25 EST SentinelOne enters exclusive partnership with Wiz - SentinelOne announced an exclusive and strategic partnership with Wiz. Through the strategic partnership, the combined expertise of Wiz's Cloud Native Application Protection Platform, or CNAPP, and SentinelOne's Cloud Workload Protection Platform, or CWPP, can be offered to organizations of all sizes and equip customers with a cloud security solution that provides superior capabilities to detect, prevent, investigate, and respond to cloud security threats, allowing them to dramatically reduce their risk.
GS

Hot Stocks

09:25 EST Goldman CEO: Wealth, asset management can see high single digit growth
GS

Hot Stocks

09:24 EST Goldman Sachs CEO: Banking, markets business outperformed rivals - Chairman and CEO David Solomon is speaking at the RBC Global Financial Institutions Conference.
NSC

Hot Stocks

09:21 EST Norfolk Southern confirms conductor fatally injured in Cleveland - Norfolk Southern stated that Louis Shuster, a Norfolk Southern conductor, was fatally injured early Tuesday morning at the Cleveland-Cliffs Cleveland Works property in Cleveland, Ohio. At this time, officials are reporting that the conductor was struck by a dump truck as a Norfolk Southern train was moving through a crossing at the facility. Norfolk Southern has been in touch with the conductor's family and will do all it can to support them and his colleagues. "We are grieving the loss of a colleague today. Our hearts go out to his loved ones during this extremely difficult time." The company is working with the Cleveland Police Department and Cleveland-Cliffs representatives to confirm the details and learn everything possible about the incident. Further, the company has been in contact with Ohio Governor Mike DeWine, SMART-TD union leadership, and Cleveland-Cliffs leadership.
ZVSA

Hot Stocks

09:21 EST ZyVersa appoints Richard Glassock to Renal Scientific Advisory Board - ZyVersa Therapeutics announces that Dr. Richard Glassock has joined ZyVersa's Renal Scientific Advisory Board. Glassock is currently Professor Emeritus at the David Geffen School of Medicine at UCLA, and an independent medical consultant. His main interests are in glomerular disease, chronic kidney disease, and clinical nephrology
NTRS

Hot Stocks

09:21 EST Northern Trust, EDS announce new deal with UK-based asset manager Redwheel - Northern Trust announced that UK-based asset manager Redwheel is now using its data aggregation tool, developed by its strategic partner, Equity Data Science to enhance ESG integration across its investment business. Founded in 2000 and formerly known as RWC Partners, Redwheel currently manages approximately $19B for its clients. The data aggregation tool leverages data science to help increase data accessibility while generating efficiencies and enhancing collaboration between Redwheel's investment teams and its core business functions. Using the tool, investment teams are better equipped to monitor and analyze third party and proprietary ESG data across the entire investment lifecycle, the platform effectively providing a single view for ESG integration and reporting. "The insights we can derive from Northern Trust and EDS' data aggregation tool enable us to use ESG data more effectively. By enhancing data accessibility, it becomes easier to integrate ESG considerations within both investment decision-making and client reporting," said Chris Anker, Head of Sustainability at Redwheel. "Working in collaboration with the Northern Trust and EDS teams we have been able to harness the power of the tool's flexible architecture, helping us make rapid progress towards our end goal which is to fully embed the tool within all investment and oversight processes to meet the evolving expectations of our clients." "ESG is more important than ever for many investors but implementing it can be challenging in a dynamic market environment. Partnering with EDS to launch the ESG workflow solution was a significant step forward for us and our clients," said Paul Fahey, Head of Investment Data Science at Northern Trust Asset Servicing. "We have enabled our clients to more easily access their data while providing a new level of efficacy, which is a key tenet of our Whole Office strategy. Most importantly, we can provide a single source for data which is often difficult to obtain." "It is no secret that ESG data is increasingly being utilized within investment decision making but accessing that data can be time consuming and inefficient," said Greg McCall, President of Equity Data Science. "The ESG workflow solution helps Redwheel integrate their ESG data and improve accessibility for their investment teams. Discussions continue between EDS and Redwheel regarding the development of additional capabilities which, if implemented, we hope will help to further improve their research management and portfolio construction decisions, enabling them to achieve their business and performance goals."
ACON

Hot Stocks

09:20 EST Aclarion appoints Alpesh Patel as KOL physician advisor - Aclarion announced that Alpesh Patel, MD, MBA Co-Director of Northwestern Center for Spine Health will advise the company as a key opinion leader. In addition to his leadership role in the Center for Spine Health, Dr. Patel serves as professor of Orthopaedic Surgery and Neurosurgery at Northwestern University in Evanston, IL.
IKT

Hot Stocks

09:20 EST Inhibikase Therapeutics Inc trading resumes
TYL

Hot Stocks

09:19 EST Tyler Technologies renews digital government, payment solutions in Colorado - Tyler Technologies announced that the Colorado Statewide Internet Portal Authority, or SIPA, on behalf of the state of Colorado, has signed a contract renewal for Tyler's award-winning digital government and payments services, following a competitive procurement. The five-year contract renewal, which may be extended for up to five additional years at the state's option, builds upon the existing 18-year relationship between Colorado's SIPA and Tyler's Digital Solutions Division, formerly NIC. The agreement features a new funding model that will streamline processes for agencies to implement and utilize Tyler's products and software-as-a-service solutions.
COSM

Hot Stocks

09:18 EST Cosmos Health enters definitive agreement with Cana Laboratories - Cosmos Health has entered into a material definitive agreement with Pharmaceutical Laboratories CANA, a Greek pharmaceutical company that manufactures, sells, distributes, and markets original branded products researched and developed by leading global pharmaceutical and healthcare companies. This material definitive agreement is pursuant to the Binding Letter of Intent dated July 19, 2022, and amended on January 10, 2023, which was entered into by Cosmos Health, applicable Cana entities, and Cana shareholders. On February 28, 2023, Cosmos Health injected EUR 4.1 million into Cana, which will allow it to emerge as an entity with a robust balance sheet and a strong foundation for future growth. The next phase is the execution of a Stock Purchase Agreement to be concluded no later than March 31, 2023.
ICE BKI

Hot Stocks

09:14 EST Black Knight to divest Empower Los business amid regulatory scrutiny - Intercontinental Exchange (ICE) and Black Knight (BKI) announced that, in connection with their previously announced merger agreement for ICE's acquisition of Black Knight, they have agreed to sell Black Knight's Empower loan origination system business, including its Exchange, LendingSpace and AIVA solutions, to a subsidiary of Constellation Software. ICE and Black Knight have also amended the terms of their merger agreement. ICE and Black Knight entered into the divestiture agreement in connection with efforts to secure clearance of ICE's proposed acquisition of Black Knight under the Hart-Scott Rodino Act. The divestiture transaction is subject to the closing of ICE's acquisition of Black Knight and other customary closing conditions. The amended merger agreement terms value Black Knight at $75 per share, or a market value of $11.7B, with consideration in the form of a mix of approximately $68 per share in cash and stock with an exchange ratio of 0.0682 based on ICE's 10-day VWAP as of March 3 of $102.62. As under the original terms, Black Knight shareholders can elect to receive either cash or stock, subject to proration, with the value of the cash election and the stock election equalized at the closing of the acquisition. ICE's proposed acquisition of Black Knight remains under review by the Federal Trade Commission and closing is subject to the receipt of required regulatory clearances, Black Knight shareholder approval of the amended merger agreement and the satisfaction of other customary closing conditions. In connection with the amendment to the merger agreement, ICE has committed to, among other things, litigate with the FTC, if necessary, to obtain approval of the merger. Truist Securities, Inc. served as lead financial advisor to Intercontinental Exchange and Black Knight for the sale of the Empower LOS.
NNDM

Hot Stocks

09:12 EST Nano Dimension reiterates shareholder meeting called by Murchinson is illegal - Nano Dimension reiterated that the shareholder meeting called by Bistricer/Murchinson is invalid. The Company also issued the following statement in response to the campaign of misinformation from Murchinson in its invalid pursuit of a shareholder vote: "Nano's Board and management team remain wholly focused on executing on our mission and on delivering value for shareholders. Our current strategy has driven results, including 1,000% growth in annual revenues within a two-year period, while preserving over $1 billion in cash on the balance sheet to fund future growth. We have also recently initiated a $100 million share repurchase program and are relentlessly focused on executing our proven strategy to accelerate the growth of our business, leverage our unique market position and seize organic and inorganic opportunities to drive meaningful shareholder value creation. We are determined to protect our Company and shareholders from Murchinson's continued campaign of false and misleading information."
TU

Hot Stocks

09:12 EST Telus expands Health for Good program to support women in need across Canada - TELUS announced the expansion of its Health for Good program to now provide free access to TELUS Health MyCare counselling services to women in need of mental health support across Canada. TELUS Health MyCare offers direct access to counselling provided by caring, registered mental health professionals in British Columbia, Alberta, Saskatchewan, Ontario and Quebec. Partnering with three women-focused charities, TELUS will provide over 1,000 free counselling sessions per year to women in B.C., Alberta, Saskatchewan and Ontario. "The pandemic has taken a toll on mothers, family caregivers, women and gender diverse people," said Jill Schnarr, Chief Social Innovation and Communications Officer, TELUS. "As a world-leading technology company and a global health care leader, we are leveraging our technology, expertise and compassion for good. Helping more women through our TELUS Health for Good program, this expansion is focused on removing barriers, making it easier and more affordable to access mental health services and making a meaningful difference in their lives."
ICE BKI

Hot Stocks

09:10 EST Black Knight to divest Empower Los business amid regulatory scrutiy - Intercontinental Exchange (ICE) and Black Knight (BKI) announced that, in connection with their previously announced merger agreement for ICE's acquisition of Black Knight, they have agreed to sell Black Knight's Empower loan origination system business, including its Exchange, LendingSpace and AIVA solutions, to a subsidiary of Constellation Software. ICE and Black Knight have also amended the terms of their merger agreement. ICE and Black Knight entered into the divestiture agreement in connection with efforts to secure clearance of ICE's proposed acquisition of Black Knight under the Hart-Scott Rodino Act. The divestiture transaction is subject to the closing of ICE's acquisition of Black Knight and other customary closing conditions. The amended merger agreement terms value Black Knight at $75 per share, or a market value of $11.7B, with consideration in the form of a mix of approximately $68 per share in cash and stock with an exchange ratio of 0.0682 based on ICE's 10-day VWAP as of March 3 of $102.62. As under the original terms, Black Knight shareholders can elect to receive either cash or stock, subject to proration, with the value of the cash election and the stock election equalized at the closing of the acquisition. ICE's proposed acquisition of Black Knight remains under review by the Federal Trade Commission and closing is subject to the receipt of required regulatory clearances, Black Knight shareholder approval of the amended merger agreement and the satisfaction of other customary closing conditions. In connection with the amendment to the merger agreement, ICE has committed to, among other things, litigate with the FTC, if necessary, to obtain approval of the merger. Truist Securities, Inc. served as lead financial advisor to Intercontinental Exchange and Black Knight for the sale of the Empower LOS.
CAZGF

Hot Stocks

09:10 EST Catapult Group to launch Vector T7 athlete monitoring solution - Catapult will launch a new athlete monitoring solution, the Vector T7, on April 1. The device is 73% smaller than its predecessor and delivers the most accurate and comprehensive player data in indoor environments, including the company's proprietary "Basketball Movement Profile." Combined with Capapult's ClearSky Local Positioning System, the Vector T7 empowers teams to leverage new player performance insights, mitigate injury risk, and make live in-game decisions.
GSHD

Hot Stocks

09:09 EST Goosehead Insurance announces key leadership team promotions - Goosehead Insurance announced five leadership promotions to support company momentum and future growth. Goosehead's most recent round of promotions includes the appointment of Matthew Hunt as Vice President, Agency Operations, as well as the promotion of four new managing directors across various departments within the organization, including: Matthew Hunt has been appointed Vice President, Agency Operations. Chelsea Donner has been promoted to Managing Director of the Service Department. Dericka Marshall-Dillon has been promoted to Managing Director of Human Resources. Johnny Preston has been promoted to Managing Director, Human Capital Development. Silver Burney has been promoted to Managing Director of Corporate Sales in Fort Worth, TX.
RUM

Hot Stocks

09:08 EST Rumble opens new studio for content creators in Florida - Rumble announced today the opening of a new creator studio in Longboat Key, Florida. The studio is freshly renovated as part of the construction of Rumble's U.S. headquarters in Longboat Key. This is the second creator studio hosted by Rumble in the state of Florida, following the opening of a studio by the company's subscription platform Locals in Miami in September 2022. "Supporting independent creators is a core tenant of the Rumble mission," said Rumble Chairman and CEO Chris Pavlovski. "Our goal is to provide a world-class experience for our creators so they can generate their best content," he continued. "This studio is hosted on the shores of Longboat Key, and I can say confidently that this is one of the most beautiful settings you will ever see for a creator studio."
AVDX

Hot Stocks

09:07 EST AvidXchange announces referral partnership with Keystone by Corelation - AvidXchange Holdings announced its referral partnership with KeyStone by Corelation, the latest core processor for today's credit union. This allows AvidXchange to offer AvidAscend, a best-in-class invoice-to-pay software solution, to Corelation's 190+ top credit union customers.
FSTX

Hot Stocks

09:07 EST F-star Therapeutics announces CFIUS clearance for proposed acquisition by invoX - F-star Therapeutics announced that the Committee on Foreign Investment in the United States has cleared the previously announced all-cash acquisition of the Company by invoX Pharma Limited. The CFIUS clearance satisfies the Foreign Investment Condition of the ongoing tender offer, and is the final required regulatory approval needed to complete the proposed merger. As described below, the parties expect to complete the merger promptly following the successful completion of the ongoing tender offer. Specifically, the Offer is scheduled to expire on March 8, 2023 at 5 p.m., Eastern Time. Subject to the tendering of shares of F-star common stock representing greater than 50% of the issued and outstanding shares and the satisfaction of customary conditions, the parties expect to complete the merger promptly following this tender expiry. Previously, shares of common stock representing nearly 70% of the issued and outstanding shares had been validly tendered as of the prior expiration dates.
PRVA

Hot Stocks

09:06 EST Privia Health, OhioHealth enter partnership agreement - Privia Health and OhioHealth announced the signing of definitive agreements forming a strategic partnership. This includes the formal launch of Privia Medical Group - Ohio for community physicians throughout the state of Ohio. The partnership will support the growth and enhance the performance of OhioHealth's existing clinically integrated network, and provide a new alternative for Ohio physicians and provider groups that wish to utilize the technology and services infrastructure of Privia Medical Group - Ohio, and transition into value-based care arrangements. New providers joining Privia Medical Group - Ohio will have access to the Privia technology and services platform to leverage its data connectivity through a breadth of interoperable solutions and population health expertise to reduce administrative burden, enable care insights and collaboration. Privia Medical Group - Ohio will participate in OhioHealth's CIN for access to value-based arrangements.
FLO

Hot Stocks

09:06 EST Flowers Foods elects A. Ryals McMullian as the next chairman of the board - Flowers Foods announced that A. Ryals McMullian has been elected as the next chairman of the board, effective immediately following the 2023 annual meeting of shareholders. George Deese, current chairman of the board, will retire from the chairman role at that time. Deese will continue to serve as a director following the annual meeting of shareholders. Additionally, Benjamin H. Griswold, IV will retire from the company's board of directors following the expiration of his current term. Griswold, partner and chairman of Brown Advisory and retired Senior Chairman of Deutsche Bank Securities, has served as a director of Flowers Foods since 2005 and currently serves as presiding director, chair of the nominating/corporate governance committee and member of the compensation and human capital committee. The board has elected Thomas C. Chubb, III to serve as presiding director and chair of the nominating/corporate governance committee, effective immediately following the annual meeting of shareholders. Ryals McMullian has served as a member of Flowers Foods' board since August 2019 and was elected president and CEO of Flowers in May 2019. Prior to that election, he served in a number of senior leadership roles for the company, including chief operating officer, chief strategy officer, deputy general counsel, and vice president of mergers and acquisitions. He joined Flowers Foods in 2003. Tom Chubb, chairman, CEO and president of Oxford Industries, has served as a member of the Flowers Foods' board since 2020.
MULN

Hot Stocks

09:05 EST Mullen Automotive to unveil first two EV commercial products at NTEA - Mullen Automotive announces that, starting today, it will showcase both its Class 1 EV cargo van and Class 3 low-cab forward at NTEA's Work Truck Week 2023 in Indianapolis, Indiana. "We are excited to be at NTEA's Work Truck Week and display the Mullen Commercial product lineup to both customers and commercial vehicle upfitters that are ready to electrify their fleets," said John Schwegman, Mullen's chief commercial officer. "We believe the commercial market represents an excellent opportunity for our fully electric small van and our medium-duty tilt cab."
TTEK

Hot Stocks

09:05 EST Tetra Tech wins $105M EPA watershed assessment and protection BPA - Tetra Tech announced that the U.S. Environmental Protection Agency, EPA, Office of Water awarded the Company a five-year, $105M Blanket Purchase Agreement, BPA, to restore and protect watersheds and water bodies throughout the United States. Tetra Tech will identify, analyze, and evaluate surface water and coastal ecosystems to protect human health and aquatic environments from the impacts of pollution and the effects of climate change, including ocean acidification. Tetra Tech's scientists will design monitoring programs, develop predictive models, and prepare technical guidance documents to assess chemical, physical, and biological integrity of water bodies. Our technical specialists will analyze model results and manage spatial datasets to develop effective management strategies for inland and coastal regions impacted by land-use related activities, stormwater and runoff, habitat loss, and invasive species.
SONO AAPL

Hot Stocks

09:04 EST Sonos to add support for spatial audio on Apple Music - Sonos (SONO) announced it will add support for spatial audio on Apple Music (AAPL) in what will be a significant expansion of its next-gen sound experience offerings. Sonos customers will have access to spatial audio on Apple Music starting March 28. Spatial audio delivers a multi-dimensional immersive sound experience that is fast becoming a primary recording format among leading artists, producers and engineers. Available on Sonos Era 300, Arc, and Beam, Apple Music with spatial audio will place listeners at the center of their music with an ever growing catalog of tracks and expertly curated playlists featuring renowned artists across all genres.
VRSK...

Hot Stocks

09:04 EST Verisk Analytics announces $2.5B accelerated share repurchase transaction - Verisk Analytics (VRSK) announced that it has entered into accelerated share repurchase agreements, ASR agreements, with each of Citibank (C) and Goldman Sachs (GS) to repurchase an aggregate of $2.5 billion of the Company's common stock. The ASR Agreements were entered into as part of the Company's previously announced share repurchase program. The ASR Counterparties are expected to make an aggregate initial delivery of approximately 10.7 million shares of the Company's common stock to the Company at the inception of the ASR Agreements. The final settlement of the transactions under the ASR Agreements is expected to occur during the Company's fourth fiscal quarter ending December 31, 2023. Verisk may continue to repurchase shares in the open market from time to time subject to market and other conditions. After giving effect to the ASR Agreements, $941.3 million will remain available for share repurchases under the Company's authorized share repurchase program.
CCLD

Hot Stocks

09:03 EST CareCloud to showcase technology-enabled revenue cycle solutions - CareCloud will be exhibiting at the Association of Physicians of Pakistani Descent of North America Spring Meeting in booth 10. The event is scheduled to take place from March 16-19, 2023, at the Rosen Shingle Creek Resort in Orlando, FL. APPNA, established in 1977, represents and supports 18,000 physicians of Pakistani descent practicing in the U.S. CareCloud presents a unique opportunity for physicians attending APPNA to learn how CareCloud is redefining the next generation of technology-enabled revenue cycle solutions. At booth 10, attendees can engage with CareCloud's knowledgeable staff, who will share insights into the company's award-winning solutions designed to help physicians optimize practice management, streamline workflows, and enhance patient outcomes. CareCloud's advanced technological capabilities have made it a trusted partner for healthcare providers nationwide. Physicians visiting the booth can expect valuable insights into how CareCloud's solutions can be seamlessly integrated into their practice management system or used as standalone tools to optimize their revenue cycle management.
ABT

Hot Stocks

09:02 EST Abbott: FDA clears first first commercially available TBI blood test - Abbott has received U.S. FDA clearance for what will be the first commercially available laboratory traumatic brain injury blood test, making it widely available to hospitals in the United States. The test, which runs on Abbott's Alinity i laboratory instrument, will provide clinicians with an objective way to quickly assess individuals with mild TBIs, also known as concussions. Abbott's Alinity i TBI lab test offers a new reliable result in 18 minutes to help clinicians quickly assess concussion and triage patients. For those with negative results, it rules out the need for a CT scan and can eliminate wait time at the hospital. The test measures two biomarkers in the blood that, in elevated concentrations, are tightly correlated to brain injury.
FTNT

Hot Stocks

09:01 EST Fortinet announces enhancements to FortiSASE - Fortinet announced several enhancements to FortiSASE, Fortinet's single-vendor SASE solution, to enable additional deployment flexibility and new secure access capabilities for digital resources across private applications, SaaS, and the internet.
SYPR DTRUY

Hot Stocks

08:45 EST Sypris Solutions awarded additional volume with Daimler Truck unit - Sypris Technologies (SYPR) announced that it has entered into an amendment to its current supply agreement with Detroit Diesel Corporation, DDC, a subsidiary of Daimler Truck North America (DTRUY). The amendment adds a new series of part numbers to its agreement with DDC for drivetrain components used in DDC's Detroit(R)-branded drive axles. The components produced by Sypris are essential to the performance of the drive axles of Freightliner's heavy-duty vehicles. Production of these additional part numbers under the amended contract are expected to commence in early 2023. No other terms or conditions of the agreement were disclosed. Commenting on the announcement, Federico Aviles, Vice President and General Manager of Sypris Technologies Mexico, S. de R.L. de C. V., stated, "We are pleased to expand our strategic relationship with Daimler Truck, which is now entering its 18th year. Daimler Truck is a global leader in the commercial vehicle industry and we are proud to serve as a partner by supplying quality products to support its reputation for high performance and durability."
CUEN

Hot Stocks

08:42 EST Cuentas closes on Lakewood equity transaction - Cuentas has closed on the previously announced transaction to acquire an equity position in Lakewood Village, the first sustainable rental housing project developed in the US using a patented MCFR Mineral Composite Fiber Reinforced Construction Technology that has been approved for hurricane-prone areas as such in Florida. Cuentas took an equity stake in the Lakewood Village project, which is an affordable multi-family real estate development located in Lake Worth, Palm Beach County, Florida, consisting of 96 apartments that are 2 and 3 bedrooms. An independent appraisal has valued the project, once completed, at approx. $25M.
BKTI

Hot Stocks

08:42 EST BK Technologies receives $1.4M follow-on purchase order for BKR 5000 - BK Technologies has received a purchase order valued at $1.4M from the Washington State Department of Natural Resources for its BKR 5000 portable communications technology and accessories. This is the second significant purchase of the BKR 5000 by the DNR following an order valued at $1.4M placed in December 2022.
JUPW

Hot Stocks

08:41 EST Jupiter Wellness launches clinical trial of jellyfish sting prevention sunscreen - Jupiter Wellness announced the launch of a clinical trial to evaluate the efficacy of an improved formulation of NoStingz jellyfish sting prevention sunscreen against man-o-war jellyfish. The trial, conducted by Angelshark Consulting and led by Dr. Patric Rice and Dr. Eric Stroud, will take place in the Florida Keys. The launch of this trial marks a milestone for Jupiter Wellness, as the company continues to explore new technology and innovations in the sun care industry. The trial will evaluate the human response to stings from man-o-war jellyfish when protective sunscreen developed by Jupiter is applied. Jupiter Wellness has an exclusive license to the jellyfish sting prevention technology from Shark Defense Technologies, LLC, Oak Ridge, NJ.
BTCY

Hot Stocks

08:39 EST Biotricity highlights 2022 operating milestones - Biotricity highlighted several of its major operating achievements since fiscal year 2022. These achievements include: Being honored by TIME magazine: Biotricity's Bioheart device named to TIME's list of the Best Inventions of 2022. Bioheart is the first of its kind - a continuous heart rhythm monitor using advanced technology to deliver unlimited heart data insights. Bioheart's uninterrupted monitoring keeps you informed about your heart 24/7. Being recognized on Fast Company's list of the World's 50 Most Innovative Companies in 2022, and ranked No. 1 in the Top 10 Most Innovative Medical Device Companies. Launch of Biocare Cardiac Disease Management Solution: designed to expand Biotricity's existing remote monitoring tools used today by more than 2,000 cardiologists nationwide, the easy-to-use solution puts actionable data at the physicians' fingertips to assist them in making treatment decisions quickly. Releasing a personal version of Biocare Cardiac, a cardiac health application for individuals diagnosed with, or at risk for, cardiovascular disease for personal disease management. Winning an NIH Grant from the National Heart, Blood, and Lung Institute for AI-enabled real-time monitoring and predictive analytics for stroke due to chronic kidney failure. This grant is supporting development of Biotricity's Bioflux-AI - an innovative AI-driven system with real-time monitoring and prediction capabilities to be used to investigate stroke episodes in chronic kidney disease patients. Receiving 510 Clearance for Biotres and launching the wireless wearable holter patch device, Biotres. Unveiling Biokit, a personal medical device kit for integration into the Biotricity ecosystem. Expanding its network to 300+ centers across 30+ states with 2,000+ physicians. Realizing a significant milestone of recording and analyzing over 2 billion heartbeats for atrial fibrillation, the most common type of cardiac arrhythmia and a leading cause of stroke. Bioflux, Biotricity's high-precision, single-unit mobile cardiac telemetry device that provides real-time monitoring and transmission of the patient's ECG information, has captured billions of heartbeats to date.
DYAI

Hot Stocks

08:36 EST Dyadic provides Phase 1 update for DYAI-100 COVID-19 recombinant protein RBD - Dyadic International provided an update regarding its Phase 1 Clinical Trial for its DYAI-100 COVID-19 recombinant protein receptor binding domain, RBD, booster vaccine candidate. "We are pleased that patient dosing of both low and high dose groups has been completed. Thus far, the vaccine has been well tolerated with no Serious Adverse Events being reported to date," said Mark Emalfarb, CEO of Dyadic. "While our C1 protein production platform has shown safety and efficacy in multiple animal studies for vaccines and antibodies, this is the first time a vaccine or treatment manufactured from our C1-cell protein production platform has been tested in humans for clinical safety. The DYAI-100 recombinant protein antigen COVID-19 booster vaccine is an example of our highly efficient and economical approach to the rapid manufacture of large quantities of vaccines." Emalfarb continued, "This study is also expected to demonstrate antibody responses in humans from C1 produced antigens and the success of this trial is expected to accelerate the adoption of Dyadic's C1-cell protein production platform for both vaccine and therapeutic candidates. We are already starting to see an increased level of interest from academia, industry, and government agencies."
AULT ZEST

Hot Stocks

08:35 EST Ault, Ecoark complete $100M share exchange agreement - Ault Alliance (AULT) and Ecoark Holdings (ZEST) announced today that they have completed the previously announced share exchange agreement, whereby Ault Alliance and other founders sold BitNile.com, Inc., including the BITNILE.COM metaverse platform, to Ecoark for $100 million in stated value of preferred stock. The Platform, which went live to the public on March 1, 2023, allows users to engage with a new social networking community and purchase both digital and physical products while playing 3D immersive games. The Platform is expected to have a tiered rewards system, which incentivizes behavior, while advertising models will target specific users. The Platform is early access and not all experiences are immediately available. Once Ecoark has obtained shareholder approval for the issuance of all the shares underlying the Ecoark preferred stock called for by the Agreement in compliance with the rules and regulations of Nasdaq, Ault Alliance will beneficially own a significant majority of Ecoark. Going forward, it is expected that Ecoark's financial results will be consolidated into Ault Alliance's financial statements. This acquisition is expected to bring synergies and opportunities for growth for both companies, as they work towards their shared goals in the metaverse market. The Preferred Stock has a stated value of $100 million, is convertible into shares of Ecoark common stock at $0.25 per share subject to Ecoark obtaining shareholder approval, accrue dividends of 5% per annum for 10 years, and the holders are entitled to certain other rights as set forth in the certificate of designation for the Preferred Stock. Subject to shareholder approval, Ault Alliance can vote and convert the majority of the Preferred Stock at its discretion. Until it obtains that approval, Ault Alliance is subject to a 19.9% limitation on an as converted basis in accordance with the Rules of the Nasdaq Stock Market, which percentage includes other Ecoark securities it presently holds.
SSBK

Hot Stocks

08:35 EST Southern States announces renewal of $10M stock repurchase program - Southern States Bancshares announced that its Board of Directors has approved the renewal of the Company's stock repurchase program. The initial program, which authorized the Company to repurchase up to $10.0 million of its common stock, was initiated in 2022 and, as of the end of the year, resulted in 345,502 shares repurchased at an average price of $21.29, or $7.4 million in the aggregate. The initial program ended December 31, 2022. The renewed stock repurchase program authorizes the Company to repurchase up to $10.0 million of its common stock. There have been no purchases in 2023 as of the date of this press release.
SLS

Hot Stocks

08:34 EST Sellas Life announces publication of GPS clinical data in ovarian cancer - SELLAS Life Sciences announced that the previously reported results from the final analysis of a Phase 1 clinical trial of the combination of galinpepimut-S with the anti-PD-1 antibody nivolumab in patients with relapsed WT1-expressing ovarian cancers have been published in the peer-reviewed journal Cancers. The article entitled "Phase I Study of a Multivalent WT1 Peptide Vaccine in Combination with Nivolumab in Patients with WT1-Expressing Ovarian Cancer in Second or Third Remission" was published February 25, 2023 in "Advances in the Treatment of Ovarian Cancer," a special issue of the journal Cancers. Key Takeaways of Published Study Data: Broader than expected GPS immunologic responses encompassed both T-cells and antibodies. 91% of patients treated had definite WT1-specific T-cell responses post-therapy, while in 88% of evaluable patients there was emergence of immunoglobulins against both a pool of the GPS constituent WT1 peptides and full-length WT1 protein. Cellular and humoral robust antigen-specific immune responses translated into clear clinical benefit with 70% one-year progression-free survival demonstrated in patients who received two or more treatments of GPS and nivolumab as maintenance immunotherapy after salvage chemotherapy, compared to historic rates of up to 55% in comparable patient populations in the absence of any maintenance treatment. Data suggest that durable responses to maintenance GPS immunotherapy can be attained in patients with WT1-expressing ovarian cancer, thus delaying measurable disease relapse. These results also corroborate previously announced findings from the final analysis of data from a Phase 1/2 study.
AEYE

Hot Stocks

08:34 EST AudioEye appoints Mikel Chertudi as Chief Revenue Officer - AudioEye appointed Mikel Chertudi as Chief Revenue Officer. During his time at Omniture Digital Marketing Suite, he oversaw growth and demand creation, leading to its acquisition by Adobe. At Adobe, he led the internal digital transformation. After leaving Adobe, he co-founded an enterprise SaaS marketing and sales analytics technology company later acquired by ObservePoint. Most recently, he helped to scale 50% year-over-year growth at Guild, a marketplace unicorn.
GSAC

Hot Stocks

08:33 EST GelStat forms GSAC Engineering division - GelStat launched a new engineering division called GSAC Engineering, marking a milestone in the Company's long-term turnaround plan to drive its corporate growth strategy. The Company's senior management team has been evaluating various market opportunities that could support a tangible growth path. In parallel to market research, GelStat has been developing technology and intellectual property to support this strategy. GSACe plans to initially focus on developing innovative technology for the industrial security and renewable energy markets. In particular, the new division is pursuing two broad initiatives which include identifying technology that it plans to develop or acquire in support of new projects related to an industrial security system and the chemical recycling of plastic into fuel. Additionally, as part of its entry into the industrial security market, GelStat plans to secure intellectual property that complements its engineering capabilities in an attempt to gain a competitive advantage. The Company also expects to secure contracts with several medium-tier security facilities in the southeastern U.S. and is looking to gain market share of these types of facilities in the near future.
VC

Hot Stocks

08:32 EST Visteon announces $300M share repurchase authorization - Visteon Corporation announced that its board of directors has authorized a share repurchase program of $300 million of common stock expiring December 31, 2026. Visteon expects to fund the repurchases through excess cash on hand and future cash flow generation. "We are pleased to announce this new share repurchase program, further underscoring our commitment to driving value for our shareholders," said Sachin Lawande, Visteon president and CEO. "This authorization demonstrates our board's confidence in Visteon's strategic growth plan as we deliver digital, software-defined, and electric product solutions that align with key trends in the industry."
TCBP

Hot Stocks

08:32 EST TC Biopharm shifts focus to FDA clinical trials - TC BioPharm has taken steps to focus its clinical strategy on the planned future FDA trials for TCB-008 in AML as a monotherapy and other oncology indications in combination with additional assets. The pending protocol submission will be a Phase 1b safety trial, with a relatively small patient population and a short timeline to completion. The company intends to file the first IND in Q3 with an expected additional IND to be filed in Q4 or early 2024. At this juncture, the company is anticipating a dose escalating study of approximately 9 patients with an expansion cohort at the optimal dose. TC BioPharm expects this US clinical trial enrollment to be relatively rapid due to the the fact that America offers a significantly greater pool of patients with more than 20,000 AML diagnoses each year. This transition aims to allow TC BioPharm to become more economically efficient by simplifying its strategy and reducing manufacturing and production efforts.
CDZI

Hot Stocks

08:32 EST Cadiz's ATEC Water Systems awarded $10M contract - ATEC Water Systems, a wholly-owned subsidiary of Cadiz, is pleased to announce that it was awarded a $10M contract to provide all wellhead filters required by the Central Utah Water Conservancy District 's Vineyard Wellfield Groundwater Polishing Project, a treatment facility that will deliver 60M gallons per day or approximately 54,000 acre-feet per year of clean groundwater to central Utah communities. Under the contract, ATEC will manufacture a total of 320 filters for the Project at its facilities in Hollister, California over the next 12 months. This is the largest contract in ATEC's history and follows its 2022 acquisition by Cadiz, a California-based clean water solutions company.
ICCT

Hot Stocks

08:31 EST iCoreConnect receives Nebraska Dental Association endorsement - iCoreConnect announced the Nebraska Dental Association's endorsement of iCoreConnect's cloud-based ePrescription software, iCoreRx.
GLRE

Hot Stocks

08:28 EST Greenlight Capital Re announces Romer to be CFO - Greenlight Capital Re announced changes to its executive leadership team. Faramarz Romer, the Company's Chief Accounting Officer and Treasurer, will be appointed Chief Financial Officer, CFO, effective as of April 1, 2023. Romer will succeed Neil Greenspan, who is leaving the Company on March 31, 2023. Since September 2020, Romer has served as Chief Accounting Officer and Treasurer of the Company.
GETY

Hot Stocks

08:27 EST Getty Images, Candy Digital partner for 1970s music icon collectibles - Candy Digital and Getty Images announced the partnership of Exposure: by Getty Images & Candy. For the first time, rare photographs from Getty Images' storied archives will be available to individual fans and collectors to own and collect as part of the '70s Music & Culture Collection. In celebration of the collaboration kickoff, Candy Digital will also offer photography and music fans the ability to mint an introductory image for free for a limited time. The '70s Music & Culture Collection contains digital collectible photographs that were meticulously curated by Getty Images experts and archivists to create a celebration of the iconic artists and moments that defined music and culture in the 1970s, as well as the photographers who captured them. Getty Images' digital archival collectibles on Candy.com showcase imagery captured by six of the most skilled photographers of their generation: Don Paulsen, David Redfern, Fin Costello, Richard Creamer, Steve Morley, and Peter Keegan. The collection is comprised of unique images captured by these photographers, including iconic works depicting Bruce Springsteen, Elvis, David Bowie, Stevie Nicks, Rolling Stones, Jimi Hendrix, AC/DC, Gladys Knight, James Brown, and John Lennon via open edition mint. The collection will be available starting on March 21st, ranging from $25 to $200 on Candy.com. Fans and collectors can process their transactions through credit card payments, an accessible on-ramp offering for the non-Web3 audience. Fans from the United States, Australia, Canada, France, Germany, Hong Kong, Japan, Portugal, Spain, United Kingdom can visit Getty Images Digital Collections page.
IKT

Hot Stocks

08:27 EST Inhibikase Therapeutics Inc trading halted, news pending
INDP

Hot Stocks

08:27 EST Indaptus Therapeutics doses first subject in ongoing Phase 1 lab - Indaptus Therapeutics announces the dosing of the first subject in INDP-D101. INDP-D101 is the Company's first-in-human, open label, dose escalation and expansion, multicenter Phase 1 clinical trial of its lead compound Decoy20 in patients with advanced/metastatic solid tumors. After Decoy20 dosing, the subject experienced expected and manageable adverse events believed to be related to the immune system activating components known to be in the product. A second subject in the first three-subject cohort is expected to be enrolled following final assessment of the safety and tolerability associated with dosing of the first subject, per the study protocol. The study's objectives are to assess the safety and tolerability of Decoy20, to determine the maximum tolerated dose and recommended phase 2 dose, as well as to assess Decoy20 pharmacokinetics, pharmacodynamics and clinical activity. The Phase 1 study was initiated with a single dose escalation, which is planned to be followed by an expansion with continuous weekly administration of Decoy20. The primary endpoint of the study is incidence, relatedness and severity of adverse events and treatment-emergent adverse events and determination of the number of subjects per cohort with dose limiting toxicity-based adverse events.
OXY

Hot Stocks

08:25 EST 1PointFive, Houston Astros announce direct air capture carbon removal agreement - 1PointFive, an Occidental Petroleum subsidiary, and the Houston Astros, announced the team has agreed to purchase carbon dioxide removal credits from 1PointFive's Direct Air Capture, DAC, plant under construction in Ector County, Texas. This progressive agreement is a demonstration of the Astros commitment to continuous improvement of their fan experience via environmental investment. For this agreement with the Astros, CO2 captured by DAC will be sequestered in saline reservoirs not associated with oil and gas production. DAC provides a practical solution for hard-to-decarbonize activities, such as air travel, to help achieve climate goals. "We are pleased to further our relationship with the Houston Astros and provide a solution to address future carbon emissions," said Michael Avery, President and General Manager, 1PointFive. "We are excited about the opportunity that Direct Air Capture presents to help organizations reduce their carbon footprint."
QRVO

Hot Stocks

08:25 EST Qorvo expands power management portfolio - Qorvoexpanded its power management portfolio to include the PAC22140 and PAC25140 Power Application Controller devices. The two PACs are the industry's first single-chip solutions to offer support for battery packs with up to 20 cells in series. These products leverage an intelligent motor control foundation to enable intelligent battery management solutions for a wide range of industrial, e-mobility and battery backup applications.
ONTX

Hot Stocks

08:24 EST Onconova presents preclinical data on rigosertib mechanisms of action - Onconova Therapeutics announced new preclinical data characterizing rigosertib's mechanisms of action in a poster at the American Association for Cancer Research Special Conference on Targeting RAS. "The preclinical results presented at the Targeting RAS Conference increase our understanding of rigosertib's anti-cancer effects and thereby represent a valuable tool to inform its continued clinical development," said Mark Gelder, CMO. "I am particularly encouraged by data showing rigosertib-induced activation of the NLRP3 inflammasome. These data provide additional support for previously reported clinical results in KRAS-mutated non-small cell lung cancer that suggest rigosertib can synergize with checkpoint inhibition to drive clinical response in patients with various KRAS mutations that failed prior checkpoint inhibitor therapy. Data identifying potential targets through which rigosertib inhibits RAS-MAPK signaling are also compelling, as this pathway plays a key role in the formation and growth of a variety of cancers. Collectively, these data provide a mechanistic rationale for the differentiated potential of rigosertib when compared to the FDA approved agents that target only the KRAS G12C mutation." Preclinical studies featured in the poster evaluated mechanisms by which rigosertib may activate an anti-cancer immune response and inhibit the RAS-MAPK pathway. Results indicate that rigosertib stimulates an immune response via activation of the NLRP3 inflammasome, which leads to the secretion of the pro-inflammatory cytokines IL-1beta and IL-18. Additional data identified the proteins NQO2, ERO1A, and NEK7 as potential novel targets that may be modulated by rigosertib. Activation of NQO2 and/or ERO1A leads to reactive oxygen species-induced activation of JNK signaling, which in-turn leads to RAS-MAPK pathway inhibition. Rigosertib interaction with NEK7 could possibly cause the destabilization of microtubules and cell cycle arrest in mitosis, which are critical for cell division.
BKR

Hot Stocks

08:23 EST Baker Hughes, HIF Global to collaborate on direct air capture technology - Baker Hughes announced Tuesday their agreement to cooperate on the development of technology to capture carbon dioxide directly from the atmosphere. More specifically, HIF Global and Baker Hughes intend to test Baker Hughes' Mosaic DAC technology pilot units to accelerate DAC deployment at commercial scale. "Collaboration is key to supporting and accelerating the energy transition to address climate change, and we are pleased to work alongside HIF to support their significant efforts in deploying eFuels at scale, leveraging our Mosaic DAC technology," said Lorenzo Simonelli, chairman and CEO of Baker Hughes. "This milestone agreement further illustrates the strength of Baker Hughes' extended portfolio of Climate Technology Solutions, which includes a variety of CCUS technologies, and validates our strategy and commitment toward decarbonization." Acquired by Baker Hughes in April 2022 to enhance its carbon capture, utilization and storage portfolio, Mosaic Materials is focused on developing a proprietary direct air capture technology using Metal-Organic Framework materials that can be used to separate CO2 from the atmosphere.
GNRC

Hot Stocks

08:22 EST Generac makes strategic minority investment in Rolling Energy Resources - Generac Power Systems announced a strategic minority investment in Rolling Energy Resources, a provider of electric vehicle load management software used by utilities and electric vehicle owners to monitor, control and optimize charging. RER and Generac Grid Services are currently working together to provide utilities and consumers with EV load management solutions for charge monitoring, behavioral demand response, and automated smart charging through direct-to-vehicle communications. These capabilities, in conjunction with Generac Grid Services' industry-leading Virtual Power Plant and Distributed Energy Resource Management System platform, Concerto, provide a comprehensive solution for utilities to address the growing challenge to the electrical grid resulting from the rapid growth in EVs. As a part of the investment, a member of the Generac executive team will join the RER board of directors. The investment closed on March 3rd, 2023.
FRSH...

Hot Stocks

08:22 EST Freshworks expands leadership team, three new SVP - Freshworks (FRSH) announced the addition of three new senior vice presidents, SVP, to the go-to-market leadership team to capture demand for its multi-product SaaS solutions serving customer support, IT, marketing and sales teams. As companies seek greater value for their IT spend, Freshworks provides enterprise software for customer and employee facing teams that provide rapid impact and lasting value at a reasonable price. The new set of go-to-market leaders include SVP of GTM Strategy and Operations Shafiq Amarsi, SVP of Customer Experience Murali Krishnan, and SVP of Global Channels and Alliances Doug Farber. Shafiq Amarsi, senior vice president of go-to-market strategy and operations, will oversee sales and marketing operations, strategy and program management, sales enablement and IT. Shafiq spent the last 8 years at Amazon (AMZN) Web Services where he led the worldwide sales strategy, operations & enablement teams. Murali Krishnan, senior vice president of customer experience, will oversee customer support, onboarding and digital expansion. Krishnan was most recently working at Sprinklr. Shafiq and Murali join the executive leadership team reporting to Freshworks' CEO Girish Mathrubootham and to President Dennis Woodside along with Chief Marketing Officer Stacey Epstein, Chief Product Officer Prakash Ramamurthy, Chief Financial Officer Tyler Sloat, Chief Legal Officer Pam Sergeeff, Chief Human Resources Officer Suman Gopalan, and acting Chief Revenue Officer Pradeep Rathinam. Doug was most recently Vice President of Worldwide Channels and Alliances at Elastic (ESTC).
AULT ZEST

Hot Stocks

08:21 EST Ecoark completes $100M share exchange deal with Ault, others to buy BitNile.com - Ault Alliance (AULT) and Ecoark Holdings (ZEST) announced that they have completed the previously announced share exchange agreement, whereby Ault Alliance and other founders sold BitNile.com, including the BITNILE.COM metaverse platform, to Ecoark for $100M in stated value of preferred stock. The Platform, which went live to the public on March 1, allows users to engage with a new social networking community and purchase both digital and physical products while playing 3D immersive games. The Platform is expected to have a tiered rewards system, which incentivizes behavior, while advertising models will target specific users. The Platform is early access and not all experiences are immediately available. Once Ecoark has obtained shareholder approval for the issuance of all the shares underlying the Ecoark preferred stock called for by the Agreement in compliance with the rules and regulations of Nasdaq, Ault Alliance will beneficially own a significant majority of Ecoark. Going forward, it is expected that Ecoark's financial results will be consolidated into Ault Alliance's financial statements. This acquisition is expected to bring synergies and opportunities for growth for both companies, as they work towards their shared goals in the metaverse market. The Preferred Stock has a stated value of $100M, is convertible into shares of Ecoark common stock at 25c per share subject to Ecoark obtaining shareholder approval, accrue dividends of 5% per annum for 10 years, and the holders are entitled to certain other rights as set forth in the certificate of designation for the Preferred Stock. Subject to shareholder approval, Ault Alliance can vote and convert the majority of the Preferred Stock at its discretion. Until it obtains that approval, Ault Alliance is subject to a 19.9% limitation on an as converted basis in accordance with the Rules of the Nasdaq Stock Market, which percentage includes other Ecoark securities it presently holds.
SLRX

Hot Stocks

08:20 EST Salarius Pharmaceuticals to present in vitro data on seclidemstat - Salarius Pharmaceuticals announces that Justine Delgado, Ph.D., Research Manager, will be presenting a poster titled "Pre-clinical Investigation of the LSD1 Inhibitor, SP-2577 in Small Cell Lung Cancer" at the Keystone Symposia on Epigenetics, Chromatin, Development and Disease on March 13, 2023. The conference is being held March 12-15 at the Fairmont Express Victoria Conference Center in British Columbia. In an in vitro cell panel representing 13 diverse small cell lung cancer cell lines, seclidemstat demonstrated significant anti-proliferative single agent activity. To assess the potential for synergistic combination with the current treatment option for second-line SCLC - topotecan and the recently approved transcriptional inhibitor, Lurbinectedin - combination studies were performed in cell lines and revealed additive to synergistic activity in a subset of these cell lines. RNA-sequencing revealed SP-2577 impacted various known LSD1-regulated transcriptional programs, including NOTCH signaling and epithelial to mesenchymal transition.
APLD

Hot Stocks

08:19 EST Applied Digital announces energizing of facility in North Dakota - Applied Digital Corporation announced the energizing of its 180-megawatt facility in Ellendale, North Dakota. The Company broke ground on the facility on September 8, 2022 and is now powering and operating the new site only six months after initial work began. Once fully energized, this location will bring the Company to 280MW of total hosting capacity across its facilities in North Dakota, all of which are contracted out to customers on multi-year terms. "The energization of this datacenter would not have been possible without the continued support of the Ellendale community and the team we have on site," said Applied Digital CEO and Chairman, Wes Cummins. "We've been diligently working toward providing digital infrastructure solutions that provide differentiated services from traditional datacenters. Our Ellendale site is located where there is significant grid congestion that results in wind farms in the area curtailing output, making it an ideal location for our style of curtailable operation."
PRPH

Hot Stocks

08:18 EST ProPhase Labs' Nebula Genomics introduces lowest NGS pricing - ProPhase Labs announced that its wholly owned subsidiary, Nebula Genomics, has introduced its lowest ever standard price of $249.00 for its direct-to-consumer whole genome sequencing DNA test. "With limited competing products that offer standard pricing between $400-$1100, Nebula Genomics' new standard price is the most affordable in the United States for 30X WGS and further cements us as a leader in DTC WGS services," commented Ted Karkus, ProPhase Labs' Chief Executive Officer. "Our mission at Nebula is to usher in a new era of personal genomics by providing access to affordable and secure whole genome sequencing, and today's announcement marks strong progress toward this goal," continued Karkus. "It's our view that the future of health and wellness is personalized therapies based on each individual's genetic makeup, and our WGS services, now more accessible than ever, enables that future. We seek to harness the power of the entire human genome, while delivering as much value as possible to our customers."
UPC

Hot Stocks

08:18 EST Universe Pharmaceuticals receives non-compliance notice from Nasdaq - Universe Pharmaceuticals INC announced that the Company received a written notification from the Nasdaq Stock Market on March 2, 2023, notifying the Company that it is not in compliance with the minimum bid price requirement set forth in the Nasdaq Listing Rules for continued listing on the Nasdaq. Nasdaq Listing Rule 5450(a)(1) requires listed securities to maintain a minimum bid price of US$1.00 per share, and Nasdaq Listing Rule 5810(c)(3)(A) provides that a failure to meet the minimum bid price requirement exists if the deficiency continues for a period of 30 consecutive business days. Based on the closing bid price of the Company's ordinary shares for the 30 consecutive business days from January 18, 2023 to March 1, 2023, the Company no longer meets the minimum bid price requirement. The Notification Letter does not impact the Company's listing on the Nasdaq Global Market at this time. In accordance with Nasdaq Listing Rule 5810(c)(3)(A), the Company has been provided 180 calendar days, or until August 29, 2023, to regain compliance with Nasdaq Listing Rule 5450(a)(1). To regain compliance, the Company's ordinary shares must have a closing bid price of at least US$1.00 for a minimum of 10 consecutive business days. In the event the Company does not regain compliance by August 29, 2023, the Company may be eligible for additional time to regain compliance or may face delisting. The Company's business operations are not affected by the receipt of the Notification Letter. The Company intends to monitor the closing bid price of its ordinary shares and may, if appropriate, consider implementing available options, including, but not limited to, implementing a reverse share split of its outstanding ordinary shares, to regain compliance with the minimum bid price requirement under the Nasdaq Listing Rules.
PBLA

Hot Stocks

08:16 EST Panbela announces first patient enrolled in ASPIRE trial on SBP-101 - Panbela Therapeutics announced its first patient enrolled in South Korea for its ASPIRE global clinical trial in the first-line treatment of metastatic pancreatic cancer. ASPIRE is a global randomized, double-blind placebo-controlled clinical trial to evaluate ivospemin in combination with gemcitabine and nab-Paclitaxel in patients with metastatic pancreatic ductal adenocarcinoma. "We're really excited to continue the Country and site initiation for the ASPIRE trial as we aim to have the full complement of sites on board by the middle of this year," said Jennifer K. Simpson, PhD, MSN, CRNP, President & Chief Executive Officer of Panbela. "Having South Korean enrollment underway is highly encouraging as we continue to ramp up the trial. We're targeting the interim analysis in early 2024."
KTOS

Hot Stocks

08:16 EST Kratos Defense awarded $21.7M contract by Air Force - Kratos Defense & Security Solutions announced today that Kratos has received a $21,738,865.71 Firm Fixed Price delivery order for Lot 19 procurement of 17 aircraft, mission kits, certain flight consumables, and technical data for the BQM-167A Air Force Subscale Aerial Targets under the five-year base contract. Air Force Life Cycle Management Center, Eglin AFB, Florida, is the contracting activity. Steve Fendley, President of Kratos Unmanned Systems Division, said, "Kratos' affordable target systems provide an incredibly high-performance-to-cost ratio and key, high-performance and threat-representative capabilities to support USAF training and test needs. We have shared a great partnership and team approach with the USAF throughout our nearly 20 years of working together on target systems. Kratos is excited that our system maturity warrants and enables the long-term contract and proud that the Air Force has this confidence in our target systems and personnel."
MCHP

Hot Stocks

08:16 EST Microchip announces industrial-grade SPE products - Microchip Technology announces new industrial-grade SPE products that will help fulfill SPE's promise, from 10BASE-T1S MAC-PHYs that more easily connect edge IIoT devices to the cloud, to industrial versions of its 100BASE-T1 Time Sensitive Networking Ethernet PHY transceivers and switches that enable higher-speed applications across far-reaching Ethernet networks.
KAVL

Hot Stocks

08:15 EST Kaival Brands announces new retail distribution agreements - Kaival Brands Innovations announced that it has over the past few months entered into new retail distribution agreements representing potential new distribution to approximately 13,500 locations. Under the terms of the agreements, BIDI Stick will initially be activated in 700 locations, with another 1,500 locations expected within the next 90 days. "We are excited to announce these significant new distribution agreements, totaling up to 13,500 new locations, as we look to continue the ramp up of marketing and sales activity for BIDI(R) Stick. Since Bidi Vapor succeeded in its merits case against the FDA vacating FDA's marketing denial order for ENDS products in August 2022, we have seen a resurgence of interested retailers and potential distributors," stated Eric Mosser, President and Chief Operating Officer of Kaival Brands. "While the FDA continues to move slowly in enforcing against bad actors, major retailers are showing their commitment to e-cigarettes as a category and using corporate discretion to select brands that are committed to youth-access prevention and responsible marketing of adult products. We believe our products fit squarely in this category, and we are hopeful that this positioning will lead to greater revenues for Kaival Brands during 2023."
DZSI

Hot Stocks

08:14 EST DZS further expands Cloud EDGE portfolio with DZS Xtreme Transport - DZS has further expanded its Cloud EDGE portfolio with the launch of DZS Xtreme Transport. Along with the DZS Xtreme Access and DZS Xtreme Mobile solutions, DZS Xtreme Transport helps communications service providers accelerate deployment and streamline management of differentiating new services over next-generation, high-bandwidth and low-latency optical broadband infrastructure. The DZS Xtreme Transport solution will be highlighted at the Optical Fiber Communication Conference and Exhibition taking place in San Diego, March 7 - 9.
GROV

Hot Stocks

08:14 EST Grove Collaborative launches new collection with Drew Barrymore - Grove Collaborative announced the launch of its new Grove Co. Fresh Horizons Limited Edition Collection with Drew Barrymore. An investor and the company's Global Brand & Sustainability Advocate, Drew collaborated with the Grove Co. brand and innovation teams to create a sustainable collection of bright and colorful home care essentials inspired by her optimistic spirit and the natural beauty of the environment. The products were designed to infuse homes with a sense of uplifting vibrancy this spring and empower everyone to take collective action to protect the future of our planet.
IKNA

Hot Stocks

08:14 EST iKena Oncology presents preclinical data on IK-595 - Ikena Oncology announced that the Company is presenting preclinical data on its newest program in next-generation MEK-RAF inhibition, IK-595, at the American Association for Cancer Research, AACR, Special Conference: Targeting RAS, taking place this week in both a poster presentation and a plenary session talk. Highlights of the poster and Dr. Zhang's oral presentation include: IK-595 stabilizes the MEK-RAF complex in an inactive conformation to stop CRAF bypass; IK-595 potently blocks MEK phosphorylation in RAS mutant cancer cells; IK-595 achieves deeper and more durable inhibition of MAPK signaling and ERK phosphorylation across multiple KRAS mutant, NRAS mutant, and CRAF altered cancer cell lines, compared to existing MEK inhibitors; IK-595 drives robust anti-tumor efficacy and tumor regression in mouse models of KRAS mutant, NRAS mutant, and CRAF amplified cancers, across pancreatic, lung, bladder, and AML; Strong synergy of IK-595 in combination with therapies targeting multiple key mechanisms in vitro, including in combination with KRAS G12C, EGFR, PI3K, mTOR, SHP2, and SOS1 inhibitors; IK-595 is designed to have a shorter projected half-life in humans that allows a differentiated dosing strategy potentially achieving a greater therapeutic window than existing MEK inhibitors. Ikena plans to submit an Investigational New Drug application (IND) for IK-595 in the second half of 2023.
MAIA

Hot Stocks

08:12 EST MAIA Biotechnology doses first two patients in THIO-101 trial - MAIA Biotechnology announced that the first two patients have been dosed in Europe in MAIA's Phase 2 clinical trial, THIO-101 evaluating THIO in patients with advanced Non-Small Cell Lung Cancer, or NSCLC. Following regulatory clearances in Hungary, Poland, and Bulgaria, five clinical sites have been activated in these three European countries. The primary objectives of the THIO-101 trial are to evaluate the safety and tolerability, as well as preliminary clinical efficacy of THIO, a first-in-class cancer telomere targeting agent, in patients with advanced NSCLC, who either progressed or relapsed through the initial treatments with an immune checkpoint inhibitor alone, or in combination with chemotherapy. The company dosed its first patient in the THIO-101 trial in Australia in July 2022 and commenced dosing patients in Europe in March.
ASTI

Hot Stocks

08:12 EST Ascent Solar to acquire certain assets of European manufacturer - Ascent Solar Technologies announced that it has signed a definitive term sheet to acquire certain manufacturing assets of a leading European manufacturer of thin-film solar technology and a worldwide license of its intellectual property portfolio, for $5M cash. The term sheet also provides that the Company will enter into an option to acquire a controlling interest in the manufacturer's industrial-scale manufacturing operations, subject to the satisfaction of certain conditions. The option would have an exercise price of $3 million, in addition to the conversion of certain outstanding liabilities at the time of exercise into ASTI stock, at a price of USD $2.00 per share. These transactions are expected to transform ASTI's operating fundamentals through added revenue and market segments, increased production capacity, and access to an expanded IP portfolio for R&D and licensing opportunities. Revenue: ASTI will service the European manufacturer's significant outstanding contracts using the acquired equipment, and expects to become the direct counterparty for the customers of the acquired assets on all upcoming contract renewals. Upon completion of the transaction, management anticipates EBITDA-positive operations of the acquired assets as early as the second half of 2023. Market Expansion: The transaction is expected to immediately provide ASTI with the opportunity and proven manufacturing capacity to establish new revenue streams in the luxury goods and building integrated photovoltaics markets. Advanced Manufacturing Facility: ASTI will acquire the European manufacturer's equipment at its modern 15MW plant, which is capable of providing production outputs of polymer web up to one meter in width and one kilometer in length and would deliver a 300% increase in nameplate manufacturing capacity to ASTI. Industrial-Scale Manufacturing Option: ASTI will acquire an option for a controlling interest in the European manufacturer, including its 40MW, thin-film CIGS facility which is optimized for high efficiency and high yields. Expanded IP Portfolio: ASTI will acquire a license to the European manufacturer's extensive IP portfolio. Under the terms of the term sheet, which was approved by a committee comprised of the independent and disinterested members of the board of directors of ASTI, ASTI will pay USD $5 million, in cash, subject to certain closing adjustments, for the acquired assets and the IP license. Following the closing, ASTI will have the option to acquire a controlling interest in the European manufacturer, for a cash price of USD $3 million, along with the repayment of certain liabilities in shares of ASTI stock, valued at a price of USD $2.00 per share. The transaction remains subject to the execution of definitive agreements on terms acceptable to the parties. Closing is targeted for early in the second quarter, subject to customary closing conditions.
CERT

Hot Stocks

08:12 EST Certara announces release of Simcyp PBPK Simulator Version 22 - Certara announced the release of Simcyp Simulator Version 22, which includes new capabilities and updated features to the Company's population-based modeling and simulation platform. The Simcyp Simulator is the pharmaceutical industry's most sophisticated physiologically based pharmacokinetics platform and is being applied to small and large molecule drug candidates. The Simcyp Simulator has proven use cases across drug development, including first-in-human dosing, extrapolation to special populations, bioequivalence testing, optimizing clinical study design and predicting drug-drug interactions.
CPG

Hot Stocks

08:11 EST Crescent Point Energy's normal course issuer bid approved by TSX - Crescent Point Energy announced that the Toronto Stock Exchange has accepted its notice to implement a normal course issuer bid to purchase, for cancellation, up to 54,605,659 common shares, or 10% of the company's public float, as at February 23. The NCIB is scheduled to commence on March 9, 2023 and is due to expire on March 8, 2024. Purchases of Crescent Point's common shares under the NCIB may be made through the facilities of the TSX, the NYSE and alternative trading systems by means of open market transactions or by such other means as may be permitted by the Canadian Securities Administrators and under applicable securities laws, including by private agreement pursuant to issuer bid exemption orders issued by applicable securities regulatory authorities. As of February 23, 2023, the Company had a public float of 546,056,596 common shares and 548,600,237 common shares issued and outstanding. Under its current NCIB that expires March 8, 2023, Crescent Point has repurchased an aggregate 28,733,300 common shares out of a permitted 57,309,975 common shares as at February 28, 2023 at a weighted average price of $9.62 per share.
PRQR

Hot Stocks

08:11 EST ProQR Therapeutics to present on Axiomer RNA editing technology platform - ProQR Therapeutics announced several presentations highlighting the Company's proprietary Axiomer RNA editing technology platform at upcoming scientific and industry conferences, including the 8th annual Oligonucleotide and Precision Therapeutics Congress, March 13-14, 2023 in Boston, MA, U.S.; RNA Leaders Europe Congress, March 15-16, 2023, in Basel, Switzerland; and the bi-annual RNA Editing Gordon Research Conference, March 19-24, 2023 in Ventura, CA, U.S. Presentation and panel session at the Oligonucleotide and Precision Therapeutics Congress: Oral presentation title: Therapeutic potential of an RNA editing platform using Editing Oligonucleotides: Abstract: Axiomer, an RNA editing technology, uses Editing Oligonucleotides to target specific RNA for A-to-I editing by recruiting endogenous Adenosine Deaminase Acting on RNA. This presentation will highlight the therapeutic possibilities of this platform that are not limited to disease causing mutations and can potentially address high unmet medical needs by editing wild-type RNA to engineer proteins or modify their function as well as creating de novo mutations. Panel session title: Integrating Innovative Technologies into Oligo Therapeutics Discovery and Delivery. Presentation at RNA Leaders Europe Congress: Oral presentation title: Unlocking the potential of Axiomer platform to develop transformative RNA editing therapies : Abstract: The presentation will describe: Axiomer, the next-generation RNA technology using the cell's own editing machinery; explore therapeutic opportunities of Axiomer, beyond disease-causing mutations; and the advancement of Axiomer through in-house pipeline programs and partnering strategy. Presentation at the RNA Editing Gordon Research Conference:Oral presentation title: Development of RNA editing oligonucleotides technology to address liver originated disorders: Abstract: Axiomer, an RNA editing platform, uses chemically modified and complementary single stranded editing oligonucleotides to target specific RNA for A-to-I editing by recruiting endogenous Adenosine Deaminase Acting on RNA. Through now further developed design principles there has been an established improvement of specificity and efficacity of EONs, and we have tested the RNA editing efficacy and short-term safety of EONs acting on various genes and models. The increasing knowledge on the platform have unlocked therapeutic applications beyond disease-causing mutations and the presentation will review the potential of Axiomer platform in multiple organs as well as its applicability for the treatment of liver originated disorders including data from preclinical models.
RWLK

Hot Stocks

08:10 EST ReWalk Robotics announces ReWalk Personal Exoskeleton receives FDA clearance - ReWalk Robotics announced that its innovative ReWalk Personal Exoskeleton technology has received clearance from the Food and Drug Administration, FDA, for use on stairs and curbs in the United States, making it the only personal exoskeleton to receive FDA clearance for this indication. The clearance follows the FDA's designation of the device as a "Breakthrough Device" in recognition of its unprecedented ability to provide ambulatory access to environments containing stairs and curbs for paralyzed individuals with spinal cord injury. "Our mission at ReWalk has been to achieve widespread access to the health benefits of walking in everyday life for individuals with spinal cord injury," said Larry Jasinski, CEO of ReWalk. "Today's announcement demonstrates our commitment from a technical perspective to improve access to a broader range of activities of daily living, such as walking up the steps to visit a friend's home, or stepping over a curb during a neighborhood walk. In parallel, our focus continues to be to broaden access to these life changing technologies through expanding payor coverage as we continue to work with Medicare to develop the pathway to reimbursement for medically-eligible individuals."
WEJO

Hot Stocks

08:09 EST Wejo teams with University Consortium on geographic information science for GIS - Wejo Group Limited announced a partnership with the University Consortium for Geographic Information Science, UCGIS a non-profit organization that creates and supports communities of practice for GIScience research, education, and policy endeavors in higher education with allied institutions. Through the partnership, the 60 UCGIS member universities and European Union affiliates can leverage Wejo's data curated from approximately 20 million vehicles and over 94 billion journeys to advance geographic information science research, education, and advocacy around the globe. Wejo connected vehicle data and solutions will help member universities better understand and harness mobility pattern insights to catalyze research initiatives with more accurate consumer behavior and vehicle journey data as well as improve the modeling of potential scenarios and future impacts. With reduced time and costs to collect data directly, Wejo's data will also help universities improve navigation and mapping projects. "Wejo's data from millions of connected cars provides accurate and reliable sources of traffic and transportation trends across the U.S.," said Richard Barlow, founder and CEO of Wejo. "We're thrilled to work with UCGIS to help universities transform and enhance big data from connected vehicles, turning it into meaningful research projects that power innovations, drive efficiencies, and innovate mobility."
OXLC

Hot Stocks

08:08 EST Oxford Lane estimates NAV per share $4.98-$5.08 as of February 28 - Management's unaudited estimate of the range of the NAV per share of our common stock as of February 28, 2023 is between $4.98 and $5.08. This estimate is not a comprehensive statement of our financial condition or results for the month ended February 28, 2023. This estimate did not undergo the Company's typical quarter-end financial closing procedures and was not approved by the Company's board of directors. We advise you that our NAV per share for the quarter ending March 31, 2023 may differ materially from this estimate, which is given only as of February 28, 2023. As of February 28, 2023, the Company had approximately 170.5 million shares of common stock issued and outstanding.
RBA

Hot Stocks

08:08 EST Ritchie Bros. declares special cash dividend of $1.08 per share - Ritchie Bros. declared a special cash dividend on Ritchie Bros.' outstanding common shares of $1.08 per share, payable to shareholders of record at the close of business on March 17. Payment of the special dividend is contingent upon the closing of Ritchie Bros.' merger transaction with IAA which is expected to be consummated on or about March 20, subject to receipt of required shareholder approvals of the Merger and satisfaction of other customary closing conditions. Ritchie Bros. will not pay the special dividend if the Merger is not completed for any reason. Assuming the Merger is consummated on March 20, payment of the dividend will be made to eligible Ritchie Bros. shareholders on March 28. IAA stockholders will not be entitled to receive the special dividend with respect to any Ritchie Bros. common shares received as consideration in the Merger. The special dividend, if paid, will be considered an eligible dividend for Canadian income tax purposes.
PIXY

Hot Stocks

08:07 EST ShiftPixy enters partnership with Allied Sports - ShiftPixy announced it has selected Allied Sports as its agency of record for influencer marketing and brand partnerships aimed at promoting the new Digital Food Brands of ShiftPixy Labs.
ECOR

Hot Stocks

08:06 EST electroCore regains compliance with Nasdaq listing requirements - electroCore announced that it has received notice from the Listing Qualifications Department of the Nasdaq Stock Market by letter dated March 6, 2023 informing electroCore that it has regained compliance with the minimum bid price requirement under Nasdaq Listing Rule 5550(a)(2). The closing bid price of the Company's common stock on the Nasdaq Capital Market was greater than $1.00 per share for 10 consecutive trading days between February 15, 2023 and March 1, 2023. As a result of regaining compliance, the Company's common stock will continue to be listed on the Nasdaq Capital Market.
WPP

Hot Stocks

08:06 EST WPP acquires German healthcare specialist 3K Communication, no terms - WPP announces that it has acquired 3K Agentur fur Kommunikation, 3K , "one of the leading healthcare specialist PR agencies in Germany," noted the company. 3K will become part of the Hill+Knowlton Strategies global network, strengthening its healthcare presence in Europe and expanding its operations in Germany. Founded 25 years ago, 3K is known for its expertise in healthcare, biopharmaceuticals, and related sciences, working with some of the world's most notable global pharmaceutical companies, consumer health brands, and local biotech start-ups. The addition of 3K aligns with WPP's strategic focus on healthcare and marks the company's continued investment in Germany. In the second half of 2022, WPP appointed Wendy Lund as Chief Client Officer for Health & Wellness and FM Schmidt as WPP's first President of the German market. The acquisition is also the latest milestone in H+K's ongoing transformation. The agency has grown more than 25% over the last two years, expanding its global leadership team - including Brenna Terry as Global Chair of Healthcare - and acquiring the JeffreyGroup in Latin America.
MASI

Hot Stocks

08:06 EST Masimo, Temple Health enter strategic collaboration - Masimo and Temple Health, Philadelphia's 979-bed academic health system, announced that they are entering into a strategic innovation collaboration. With an emphasis on advancing the forefront remote patient monitoring and telehealth, as well as automating high-quality care, the collaboration may include the use of such innovations as the Masimo W1 advanced health tracking watch, the Radius VSM tetherless, multimodal patient monitor, and Masimo Hospital Automation solutions like UniView, UniView :60, Halo ION, and Sepsis Index for Patient SafetyNet. The collaboration is designed to further the organizations' mutual goals of improving health, increasing care value, and transforming models of care delivery.
NOVN

Hot Stocks

08:06 EST Novan announces FDA accepted NA for berdazimer gel, 10.3% - Novan announced that the U.S. Food and Drug Administration, FDA, accepted for filing Novan's New Drug Application, NDA, seeking approval for berdazimer gel, 10.3% for the treatment of molluscum contagiosum. The Company also received its Prescription Drug User Fee, PDUFA, goal date of January 5, 2024. "The opportunity for our NDA to be approved in less than 10 months from today marks a significant and important milestone for Novan and its shareholders. We believe our NCE can provide a much-needed therapeutic option for molluscum patients with the added benefit of being an easily applied, topical, self-administered treatment," commented Paula Brown Stafford, President and Chief Executive Officer of Novan. "We are thrilled that the FDA determined our application is sufficiently complete, no filing review issues were identified, and that the substantive review process has commenced."
DHR

Hot Stocks

08:05 EST Danaher partners with University of Pennsylvania on cell therapy innovation - Danaher announced a strategic partnership with the University of Pennsylvania focusing on cell therapy innovation. The multi-year partnership aims to develop new technologies that will improve the consistency of clinical outcomes for patients and overcome manufacturing bottlenecks in the delivery of next generation engineered cell products.
STKH

Hot Stocks

08:04 EST Steakholder Foods restructures Peace of Meat for cultivated avian product - Steakholder Foods announces a restructuring plan for Peace of Meat - PoM - aimed at supporting the submission of a cultivated avian food product for regulatory approval in Singapore, the first, and so far, only country that has completed the approvals process for the consumption of cultivated meat. As part of this plan, the company will be implementing a series of changes designed to streamline its operations and position it for success. As part of PoM's new business plan for 2023, the company will focus on regulatory submissions for its avian product - finalizing a submission to the Singapore Food Agency by the end of 2023, and preparing for submission in the USA. PoM intends to scale up production through a third-party plant, allowing for a cost-effective and accelerated process and eliminating the need to continue advancing its more resource-intensive pilot plant project. The new, efficient structure will allow faster development and will involve targeted layoffs in areas of the business that are not directly related to the regulatory submissions. This will enable the company to reduce overhead costs and allocate resources more effectively to support this important initiative.
PTGX JNJ

Hot Stocks

08:04 EST Protagonist Therapeutics reports 'positive' results from FRONTIER 1 Phase 2b - Protagonist Therapeutics (PTGX) announced positive topline results from its collaboration with Janssen Biotech, one of the Janssen Pharmaceutical Companies of Johnson & Johnson (JNJ), in the FRONTIER 1 Phase 2b clinical trial evaluating the oral Interleukin-23 receptor antagonist peptide JNJ-2113 in patients with moderate-to-severe plaque psoriasis. Data from the 255-patient study showed that JNJ-2113 achieved the study's primary efficacy endpoint, with a statistically significant greater proportion of patients who received JNJ-2113 achieving PASI-75 responses compared to placebo at Week 16 in all five treatment groups. A clear dose response was observed across an eight-fold dose range. Treatment was well tolerated, with no meaningful difference in frequency of adverse events across treatment groups versus placebo. Data will be presented from various pre-clinical and clinical studies on JNJ-2113 at medical conferences beginning in the second quarter of 2023.
HBI

Hot Stocks

07:58 EST Hanesbrands and UCLA announce multi-year apparel agreement, no terms - HanesBrands and UCLA announced a multi-year apparel agreement that gives HBI exclusive rights to design, manufacture and distribute high-quality, on-trend Bruins fanwear in the mass retail channel. HBI will develop exclusive collections featuring men's, women's, unisex, youth, infant and toddler fan apparel. The agreement starts in 2024, ahead of the school's highly anticipated move to the Big Ten Conference, where it will compete to extend its record-breaking 120 NCAA team national championships.
FAST

Hot Stocks

07:56 EST Fastenal reports February sales up 9.6% to $582.08M - Yesterday, the company reported February sales of $582.079M versus $530.938M in the same month of last year. Fastenal reported February daily sales of $29.1M, up 9.6% versus 2021. Reference Link
ARTH

Hot Stocks

07:51 EST Arch Therapeutics expands contracted sales force for AC5 system - Arch Therapeutics announced an expansion of its contracted sales force with a dedicated team of independent representatives whose primary objective will be to support surgeons and other medical professionals as well as advance the commercialization of AC5 Advanced Wound System in high volume government facilities. The Company is on schedule to add approximately fifteen independent commission-based sales representatives by the end of Q1 2023 dedicated to supporting AC5, Arch's self-assembling wound care product, in federal government agencies, including the Department of Veterans Affairs, Indian Health Services, Department of Defense and Medical Treatment Facilities. These additional representatives will be deployed to optimize opportunities in newly created sales regions and in current regions that have had initial and restocking orders for AC5.
PNT

Hot Stocks

07:48 EST Point Biopharma: SPLASH trial not experiencing manufacturing, drug supply issues - POINT Biopharma Global affirmed that the SPLASH clinical trial for the PSMA-targeted PNT2002 program is not experiencing any manufacturing or drug supply issues or delays. In-house production of no-carrier-added 177Lu at POINT's Indianapolis facility is expected to commence by the end of 2023. In addition to its manufacturing facility in Indianapolis, Indiana, POINT also maintains active relationships with radiopharmaceutical contract manufacturers and isotope suppliers across multiple geographies. Establishing redundancy across every key business area is a pillar of POINT's value proposition to physicians and patients, and to ensure resiliency to radiopharmaceutical supply chain disruptions.
SYAXF

Hot Stocks

07:47 EST Electric Royalties provides update on Authier Lithium Royalty - Electric Royalties announced that Sayona Mining has voluntarily submitted its Authier Lithium Project for an environmental impact assessment and review under the Quebec Government's 'BAPE' process. According to Sayona's news release dated February 27, 2023, its request has been accepted by Quebec's Ministry of the Environment, the Fight Against Climate Change, Wildlife and Parks. The BAPE's mission is assist government decision-making by communicating to the environment minister findings and opinions that reflect any local concerns that are based on the principles of the Sustainable Development Act. Sayona also reported that its nearby North American Lithium operation in Quebec, Canada, is on track to recommence spodumene production in March 2023. The start-up of process operation was reportedly successful, and comprises the circulation of mineralized material through the entire system, from crushing through sorting, grinding and separation. Authier is envisioned by Sayona to become a source of spodumene feed for the NAL concentrator. As a result, the Authier Project no longer requires its own concentrator or tailings storage, and the planned daily output below the 2,000-tonne threshold has resulted in a considerably reduced environmental impact compared to the original regulatory submission. Electric Royalties holds a 0.5% gross metal royalty on the Authier Lithium Project.
JBLU

Hot Stocks

07:43 EST JetBlue announces entrance to Continental Europe - JetBlue announced its entrance to Continental Europe with nonstop service from New York's John F. Kennedy International Airport, or JFK, to Paris Charles de Gaulle Airport, or CDG, is available for sale starting immediately. Service will begin June 29. This marks JetBlue's second transatlantic market debut, following the airline's successful launch of London service in August 2021, including its highly acclaimed, reimagined Mint and core experiences. With the introduction of Paris, another long-requested and top destination, JetBlue will play a unique role in disrupting high-fare legacy carriers that have dominated this route for decades.
NEXCF

Hot Stocks

07:40 EST Nextech AR Solutions rebrands to Nextech3D.ai - Nextech AR Solutions Corp. has rebranded to better reflect its current technology and business. As previously reported, the Company believes that its generative AI has given it a competitive edge and is driving the Company toward becoming cash-flow positive. The Company's CTO Nima Shasar has significantly expanded his team with three new full-time AI scientists to bolster its AI development and keep pace with its ambitious AI growth plans for 2023. The Company's portfolio of new brands are: Nextech3D.ai; Arway.ai; Toggle3D.ai. Nextech3D.ai CEO Evan Gappelberg comments, "We have been able to create incredibly powerful artificial intelligence that really changes the game, between what we have been able to produce with a human versus, what's happening now with our generative AI-Powered 3D model factory." He continues, "We effectively have transitioned from a diversified Augmented Reality Company and pioneering metaverse Company to an leading AI-powered 3D modeling for e-commerce company. We believe that we have a competitive advantage in the $ 100 billion TAM 3D market and that anyone in our industry that doesn't embrace the disruptive power of generative AI will find themselves at an enormous and insurmountable disadvantage from both a cost and innovation perspective." The Company has affected the business name registration of Nextech3D.ai with the applicable corp. regulatory authorities, the stock symbols will remain the same.
CZOO

Hot Stocks

07:39 EST Cazoo provides update on business performance - Cazoo provided an update on its business performance since the start of the year and its progress with the business restructuring announced in January. Alex Chesterman OBE, Founder & CEO of Cazoo, commented, "I am very pleased with our progress and performance so far in 2023 despite the challenging economic backdrop. Strong results year-to-date are driven by the swift and decisive management action to progress with restructuring of the Group. We are executing at pace on our revised plan to rapidly improve our unit economics, reduce our fixed cost base and maximize our cash runway. The rightsizing of our headcount and operational footprint is well progressed and we expect to complete the restructuring before the end of Q1 2023. At the same time, we have seen significant improvement in our GPU, given the renewed focus on our unit economics. Our January and February retail sales volumes and revenues were in line with expectations and, as we focus on unit economics, we continue to notably improve our retail GPU which is tracking at ~GBP 900 so far this year, up from ~GBP 600 in Q4 2022. The fact that we have now sold well over 100,000 cars entirely online in the UK in the three years since launch demonstrates the continued consumer shift online as they embrace the transparency and convenience of our market-leading digital used car buying and selling experience. We remain fully focused on continuing to drive higher profitability from our operations and I am delighted to announce that Jonathan Dunkley, who has been working as a strategic advisor to Cazoo over the past 18 months, will be appointed as Chief Operating Officer with effect from the end of March. Jonathan brings over 20 years of automotive experience and leadership in the used car industry to our team having formerly been CEO of CarShop and an Executive Board member of Sytner Group. Our cash reserves remain strong with over GBP 225m of cash and cash equivalents as at the end of February. We remain on track to achieve our goal of reaching profitability, without the need to raise further external funding until H2 2024 and continue to expect to end 2023 with over GBP 100m of cash and cash equivalents on our balance sheet and to sell 40,000-50,000 UK retail units in the current year. We will provide a further business update when we report 2022 full year and Q4 results."
ARWYF

Hot Stocks

07:38 EST ARway files provisional patent for digital twin technology - ARway Corporation has filed the first in a series of patents around its technology. The provisional utility patent titled "System & method for generating 3D digital twins from property floorplan images for Augmented Reality systems," was filed with the United States Patent and Trademark Office and is a crucial step in advancing ARway's digital twin technology. This disruptive technology eliminates the complexity and expense of creating digital environments with hardware like BLE beacons, Ultra Wide Band, satellite technology as well as laser and LiDAR scanners.
DXLG

Hot Stocks

07:37 EST Destination XL launches 'Wear What You Want' brand campaign - Destination XL announced the launch of its new Wear What You Want brand campaign, elevating DXL's commitment to strive relentlessly to serve the fit and style needs of the Big + Tall man. Over the coming weeks, DXL will be incorporating the new Wear What You Want brand expression into all marketing channels including email, direct mail, video, social media, in stores, and online at DXL.COM, further inspiring Big + Tall men to find their style, show off their personality, and finally enjoy their shopping experience.
TRNO

Hot Stocks

07:36 EST Terreno Realty acquires property in Queens, NY for $23M - Terreno Realty acquired an industrial property located in Long Island City, Queens, New York on March 6 for a purchase price of approximately $23M. The property consists of one industrial distribution building containing approximately 45,000 square feet on 1.1 acres. The property is at 42-11 9th Street, immediately adjacent to the Queensboro 59th Street Bridge connecting Manhattan and Queens, provides one dock-high and two grade-level loading positions and off-street parking for 13 cars. The property is 100% leased on a short-term basis and the estimated stabilized cap rate is 5.2%. Estimated stabilized cap rates are calculated as annualized cash basis net operating income stabilized to market occupancy divided by total acquisition cost. Total acquisition cost includes the initial purchase price, the effects of marking assumed debt to market, buyer's due diligence and closing costs, estimated near-term capital expenditures and leasing costs necessary to achieve stabilization.
NXGL

Hot Stocks

07:36 EST NexGel partners with former MLL player Greg Gurenlian - NEXGEL announced it has partnered with former Major League Lacrosse, MLL, player and founder of The Face-off Academy, Greg "The Beast" Gurenlian, to provide athletes with a better treatment for turf burn through the use of NEXGEL's Turfguard, a unique hydrogel dressing for soothing turf burn and protecting athletic wounds. Adam Levy, CEO of NEXGEL, said, "We are thrilled to partner with Greg and his team to address the harmful effects of turf burn including, pain, infection and long-term scarring. We look forward to working with Greg and supporting him and other athletes on and off the field with Turfguard for topical recovery. NEXGEL aims to help all athletes through our gentle skin patches for treatment and protection."
DMTTF

Hot Stocks

07:36 EST Small Pharma announces further data from SPL026 Phase II trial - Small Pharma announces further results from the Company's Phase IIa trial of SPL026, the first placebo-controlled study of a short-duration psychedelic for the treatment of Major Depressive Disorder. The trial investigated the efficacy and safety of a 21.5mg intravenous dose of SPL026, N,N-Dimethyltryptamine, with supportive therapy in 34 patients with moderate/severe MDD. Analyses of additional secondary and exploratory endpoints, including effects on self-reported depression, anxiety and wellbeing, demonstrated that patients receiving at least a single dose of IV SPL026 with supportive therapy experienced clinically relevant improvements in function and mood, further supporting previously announced topline efficacy results. The two-staged study included a two-week blinded, randomized, placebo-controlled phase followed by a 12-week open-label phase, in which all participants received a single dose of SPL026. In January 2023 the Company reported that the Phase IIa trial met its primary endpoint with a statistically significant and clinically relevant reduction in depression symptoms at two-weeks post-dose, compared to placebo. SPL026 with supportive therapy also demonstrated a rapid onset and durable antidepressant effect, as assessed by the Montgomery-Asberg Depression Rating Scale. Analysis of patient-reported depression scores corroborate the MADRS assessments conducted by independent clinical raters. Improvements in depression scores from baseline were observed across all study timepoints in patients receiving at least a single dose of SPL026, as measured by the Beck Depression Inventory, including a statistically significant improvement in depression symptoms compared to placebo at two-weeks post-dose. The efficacy outcomes on the BDI were consistent with MADRS, providing additional support for the rapid and sustained therapeutic profile of SPL026 for the treatment of MDD. Measures assessing patients' anxiety and wellbeing, areas which are often negatively impacted by depression, were also analyzed across the study. Following both one and two doses of IV SPL026 with supportive therapy, patients demonstrated a rapid and sustained improvement in anxiety symptoms as measured by the State-Trait Anxiety Inventory-Trait scale. A statistically significant improvement in anxiety symptoms was observed compared to placebo at two-weeks post-dose. At 12-weeks following the open-label dose, a -14.2 mean change from baseline was demonstrated in the patient group receiving the single dose regimen. Further, a rapid and sustained improvement in wellbeing was observed following at least a single treatment of IV SPL026 with supportive therapy, as measured by the Warwick-Edinburgh Mental Wellbeing Scale. The results at two-weeks following the blinded dose of SPL026 or placebo showed a 10.1 mean CFB in the SPL026 group compared to 0.9 in the placebo group. Statistical analysis was conducted on the MADRS open-label data. A statistically significant difference in mean total MADRS score was observed for both the one and two dose regimen groups across all open-label study timepoints. Further analysis was conducted to assess the difference in total MADRS scores between the one and two dose regimen groups using a mixed model of repeated measures for all subjects across all timepoints. No statistical difference was demonstrated between these dose regimens across all time points to 12-weeks. This analysis provides further support that a single dose of SPL026 is sufficient to elicit a rapid and durable antidepressant effect.
ANPC

Hot Stocks

07:35 EST AnPac Bio receives first payment from Malaysian customer for $1.5M purchase - AnPac Bio has received the first payment in late February from a Malaysian customer who had signed a $1.5M purchase contract for AnPac Bio's Model AP9080 cancer detection devices. The Model AP9080 cancer detection device is based on the company's patented, novel multi-cancer testing technology named Cancer Differentiation Analysis Technology, the first major sale of the company's cancer detection device into the Southeast Asia region. AnPac Bio will provide its Model AP9080 cancer detection device, maintenance services, consumables and equipment parts to the Malaysian customer. The company will continue to receive revenues from services, consumables and equipment parts after the equipment sale.
STBX

Hot Stocks

07:35 EST Starbox's cash rebates system enters Philippines market - Starbox Group announced its Malaysian subsidiary, Starbox Rebates Sdn. Bhd., has entered into a Private Label Cash Rebates System Supply Agreement with MY Rebates PH Solutions Corporation, MYRPHSC, an entity incorporated in the Philippines. The Company believes that MYRPHSC possesses the necessary resources and capabilities to sustain the development and growth of the Company's cash rebate system in the Philippines. The Private Label Cash Rebates System Supply Agreement stipulates that MYRPHSC, as the Company's exclusive partner in the Philippines, shall utilize the cash rebate system, digital advertising and related attributes of Starbox Group therein to promote and develop the Company's services in the Philippines. Lee Choon Wooi, Chief Executive Officer and Chairman of the Board of Directors of Starbox Group, commented, "The Philippines is the first overseas market for our cash rebate system, and our technical team will provide the system with vigorous assistance. We are confident that the Philippines will be a stimulating prospect for the expansion of Starbox Group and we aspire to expand our reach to more South East Asian countries in the future."
BKSY

Hot Stocks

07:34 EST BlackSky wins $150M competitive bid for space-based tactical GEOINT service - BlackSky Technology won a $150M+ competitive contract to provide advanced space-based tactical GEOINT-as-a-service to an international ministry of defense customer. "BlackSky is taking real-time, space-based tactical GEOINT to the next level with industry-leading rapid revisit capabilities and fully automated low-latency delivery of AI-derived mission intelligence," said Brian E. O'Toole, BlackSky CEO. "Our superior software-to-satellite architecture is now trusted by multiple international defense ministries as a premier tool informing critical day-to-day operations." "Succeeding in a dynamic, modern operational environment requires the unique technical architecture and monitoring capabilities BlackSky brings to the table," said a senior international MoD customer familiar with the contract. "We have confidence in BlackSky's ability to meet our needs for agile, real-time intelligence." This multi-year contract for advanced subscription-based GEOINT-as-a-services is aligned with the deployment of Blacksky's next-generation constellation and contains options to extend services as needed. "BlackSky is pushing operationally secure, mission-critical GEOINT to the most forward edge of the battle area, directly into the hands of tactical operators," said O'Toole. "Whereas a conventional static mapping approach to mission critical GEOINT is of limited value, BlackSky's real-time intelligence service is commercially-available and ready to help governments and commercial partners worldwide accelerate the value of tactical GEOINT derived from space-based assets from hours down to minutes."
DKNG

Hot Stocks

07:33 EST DraftKings set to launch online sportsbook in Massachusetts - DraftKings announced plans to launch its top-rated online sportsbook in Massachusetts on March 10, 2023, pending licensure and receipt of regulatory approvals. Upon launch, Massachusetts will become the 21st U.S. state in which Boston-based DraftKings offers its online sportsbook. Beginning March 10, eligible customers in Massachusetts will have the opportunity to place bets on DraftKings Sportsbook across numerous sports and teams. "It was just over 10 years ago when we launched DraftKings from a spare bedroom in Watertown, and now, we are proud to have the opportunity to deliver a safe and legal sports betting product to millions of diehard sports fans across Massachusetts," said Jason Robins, DraftKings' co-founder, Chief Executive Officer and Chairman. "This launch will mark a major milestone for our company, and we're proud to become the hometown sportsbook for customers in the Commonwealth."
VRAX

Hot Stocks

07:31 EST Virax Biolabs introduces avian flu A virus real-time PCR test kit - Virax Biolabs has entered into an agreement for the distribution of an Avian Influenza A Virus real-time PCR test kit to markets accepting the CE mark, namely the EU. The test kit is for the detection and differentiation of ribonucleic acid from AIV and the H5, H7 and H9 subtypes, including the H5N1 strain currently spreading in Europe. The test kit is for use in laboratory settings and can help healthcare professionals accurately identify an AIV infection.
NMTC

Hot Stocks

07:31 EST NeuroOne Medical awarded U.S. patent relating to electrode technology - NeuroOne Medical announces it has been awarded a patent from the United States Patent and Trademark Office relating to its novel and proprietary electrode technology. The patent, titled "Improved Neural Depth Probes and Related Systems and Methods," adds to NeuroOne's intellectual property portfolio, and is focused on a layered thin film neural depth electrode. The electrode could have potential applications in a wide variety of neurological procedures for both diagnostic and therapeutic use. Conditions that could potentially benefit from this technology include epilepsy, Parkinson's disease, chronic back pain due to failed back surgeries, and mood- based disorders associated with depression, severe OCD, etc.
IREN

Hot Stocks

07:25 EST Iris Energy reports 156 bitcoin mined in February - Iris Energy published a monthly investor update for February 2023, containing its results from operations as well as business updates. Corporate: US$67 million of remaining Bitmain prepayments utilized to acquire 4.4 EH/s of new S19j Pro miners without any additional cash outlay; Newly acquired miners to be installed in the Company's data centers, increasing self-mining operating capacity from 2.0 EH/s to 5.5 EH/s over the coming months; Reported financial results for the three and six-months ended December 31, 2022 and provided a general business update. Operations: Average operating hashrate of 1,730 PH/s; Monthly operating revenue of US$3.5 million; 156 Bitcoin mined. Construction: Childress; First data center building structure is complete and mechanical equipment installation has commenced; Internal data center electrical fit out continuing; Initial 20MW data center nearing completion in the coming months with orders placed for the next 20MW of low voltage building transformers; Energization of the 600MW bulk substation and commissioning of the 100MW primary substation expected in the coming months.
TLRY

Hot Stocks

07:23 EST Tilray's SweetWater Brewing Company introduces Gone Trippin' IPA - SweetWater Brewing Company announces the launch of Gone Trippin', a West Coast Style India Pale Ale that pays tribute to the bold, hoppy beers SweetWater brought to the South more than 25 years ago. Gone Trippin' is now available nationally year-round on draft and in 6-packs and 12-packs of 12-ounce cans. Gone Trippin' is now flowing at SweetWater's flagship taprooms in Atlanta and Fort Collins, Colorado. It's also available in cans across Colorado, Georgia, Minnesota, Mississippi, North Carolina, South Carolina, Tennessee and Virginia at select retailers, including Total Wine & More, Kroger, Harris Teeter, Ingles, Publix, and Lowes Food. Distribution will expand to additional states later this year.
CTSO

Hot Stocks

07:21 EST CytoSorbents announces new European guidelines that consider hemoadsorption - CytoSorbents announces that hemoadsorption of antithrombotic drugs in cardiothoracic surgery has made its way into the new "2022 Guidelines for the Management of Severe Perioperative Bleeding" by the European Society of Anaesthesiology and Intensive Care, ESAIC, and was published in the European Journal of Anaesthesiology last week. The aim of this second update to the guidelines previously published in 2017, was to provide an evidence-based set of recommendations to aid in the clinical management of patients at risk of surgical bleeding in a variety of clinical situations. In Section 2.1, "How Should Intra-operative and Postoperative Bleeding be Stopped and Anaemia be Managed" in patients undergoing cardiovascular surgery, the committee reviewed published studies using CytoSorb to reduce bleeding complications in patients undergoing cardiac surgery on antithrombotic agents and made the following recommendation: "In patients on ticagrelor or rivaroxaban undergoing emergency cardiac/aortic surgery on CPB, haemoadsorption may be considered as an adjuvant therapy to reduce bleeding complications." Dr. Phillip Chan, Chief Executive Officer of CytoSorbents, added, "The recognition of hemoadsorption of blood thinning drugs in these guidelines is a nice validation of our DrugSorb-ATR(R) clinical program in the U.S. and Canada. Should the ongoing STAR-T pivotal randomized controlled trial demonstrate that the DrugSorb-ATR system, which uses an equivalent polymer technology as CytoSorb, can safely reduce bleeding complications in cardiothoracic surgery patients on Brilinta(R), we expect the data to not only support U.S. FDA and Health Canada marketing approval, but to also help establish our technologies as the standard of care therapy for this major unmet medical need in treatment guidelines worldwide."
MGA

Hot Stocks

07:19 EST Magna announces launch of SmartAccess power door system - Magna announces the launch of its SmartAccess power door system on the opposing rear doors of the Ferrari Purosangue. The complete system includes Magna's power door drive unit, SmartLatch with cinch actuator and first-to-market integrated Haptronik software. "As an industry leader in advanced mechatronic systems, we are excited to bring one of our most innovative solutions to market," said Jeff Hunt, President of Magna Mechatronics, Mirrors and Lighting. "By combining our mechanical expertise with our advanced software capabilities, we have been able to reimagine traditional vehicle access and offer a unique and more luxurious experience when entering the Purosangue." The system will launch with several other Asian and North American automakers in 2023.
EGTYF

Hot Stocks

07:19 EST Eguana Technologies completes Solarlab acquisition - Eguana Technologies has completed its acquisition of Solarlab Pty Ltd. Founded in 2017 and based in Adelaide, South Australia, Solarlab has been delivering high value design, sales, installation, and monitoring services in energy storage and residential and commercial solar markets nationally throughout Australia. Alongside its commercial rooftop solar business, Solarlab is a preferred supplier of solar and storage solutions to Embedded Electricity Network operators in the multi-tenant residential market, including low rise apartments and retirement villages. In these developments the utility serves the Embedded Network as a single microgrid customer and the Embedded Network operator manages onsite renewables and storage as well as individual customer billing in order to provide tenants with the lowest energy costs while providing services to the grid. The acquisition is expected to: Provide vertically integrated services for utility partners and virtual power plant objectives; Expand channel opportunities including home builders nationally; Provide national licensing for electrical, solar, and storage sales and installations; Deliver incremental installation revenue opportunities.
TNXP

Hot Stocks

07:18 EST Tonix Pharmaceuticals announces results from preclinical study of mTNX-1700 - Tonix Pharmaceuticals announced that preclinical results of mTNX-1700 were presented in a poster at the Keystone Symposia, "Cancer Immunotherapy: Mechanisms of Response Versus Resistance" on March 6, 2023, at the Fairmont Banff Springs Conference Center in Banff, Alberta, Canada. The poster, titled "TFF2-MSA Suppresses Tumor Growth and Increases Survival in an anti-PD-1 Treated MC38 Colorectal Cancer Model by Targeting MDSCs," includes data from preclinical studies which evaluated the ability of mTNX-1700 to treat colorectal cancer as monotherapy or in combination with anti-PD-1 in mouse models. TNX-1700 targets myeloid-derived suppressor cells which interfere with the immune response to cancer by suppressing the CD8+ T cell response and creating a toxic tumor microenvironment. The data show that mTNX-1700 and anti-PD-1 monotherapy each were able to evoke anti-tumor immunity in the MC38 model of colorectal cancer, and that mTNX-1700 augmented the anti-tumor efficacy of anti-PD-1 therapy in two different colorectal cancer models. "Anti-PD-1 treatment has revolutionized the treatment of other cancers and is known as immuno-oncology," said Seth Lederman, M.D., Chief Executive Officer of Tonix. "Colorectal cancer is notoriously unresponsive to anti-PD-1 treatment. Much research has been focused on trying to turn anti-PD-1 unresponsive tumors into anti-PD-1 responsive tumors."
TRVN

Hot Stocks

07:16 EST Trevena initiates Phase 1 proof-of-concept study of TRV045 - Trevena announced the initiation of a Phase 1 proof-of-concept study of TRV045, a novel sphingosine-1-phosphate receptor modulator selective for the S1P receptor subtype 1. The study will use Transcranial Magnetic Stimulation, TMS, to evaluate how TRV045 affects the ability of brain cells to conduct electrical stimulation. The effects of TMS will be explored using both electromyography (EMG) and electroencephalography, EEG, to measure the potential effect of TRV045 on brain function. "This is the second proof-of-concept study that we have initiated to explore TRV045 as a potential treatment of epilepsy and other CNS disorders," said Carrie Bourdow, President and CEO of Trevena. "These studies are designed to build upon non-clinical data, which indicate the potential anti-inflammatory signaling and disease modifying effect of TRV045. We look forward to reporting topline data from both of our Phase 1 proof-of-concept studies later this year to help inform our future development path for TRV045."
OPTN

Hot Stocks

07:16 EST Optinose sees 2023 operating expenses $90M-$95M - The Company has prioritized the potential launch of XHANCE as a treatment for chronic sinusitis and will reduce total GAAP operating expenses for full year 2023 compared to full year 2022 by approximately $30.0 million or 25%. Approximately half of the $30.0 million reduction is attributable to sales and marketing and the remainder is attributable to reduced research and development, and general and administrative expenses. As part of actions intended to reduce total operating expenses for full year 2023 the Company reduced its number of territory managers by approximately 15% at the end of 2022. As a result of these actions, the Company expects total GAAP operating expenses for 2023 to be in the range of $90.0 to $95.0 million, of which the Company expects stock-based compensation to be approximately $8.0 million
EXAI

Hot Stocks

07:15 EST Exscientia teams with Charite to advance development of precision medicine - Exscientia announced a new collaboration with Charite - Universitatsmedizin Berlin, Charite, to utilise Exscientia's AI-driven precision medicine platform in haematological cancers. Under the collaboration, Charite will evaluate the potential of Exscientia's precision medicine platform to select better treatments and improve outcomes for patients with haematological cancers. Each patient sample will be prospectively evaluated with a broad panel of marketed drugs, including drugs that may not yet be approved for the indication, to determine a comparative response profile, ex vivo. "Despite major advances in the treatment of haematological cancers, the mortality rate for patients suffering from these conditions remains high. Following the results of the EXALT-1 trial, we believe that this new collaboration with Exscientia may present an opportunity to continue exploring how to meaningfully improve therapy selection and patient outcomes. Simultaneously, it is imperative that we develop a new generation of therapeutics against unexplored targets and biomarkers to improve patient outcomes, and we believe that our newly established biobank will enable Exscientia to move towards this goal," said Prof. Ulrich Keller, M.D., Director Medical Department, Division of Haematology and Oncology at Charite. This collaboration will expand on the results of the EXALT-1 study, which were previously published in the peer reviewed journal Cancer Discovery. EXALT-1 was a first-of-its-kind prospective trial, which demonstrated significantly improved outcomes for late-stage haematological cancer patients using Exscientia's deep learning-based high content functional drug testing platform to guide personalised treatment recommendations as compared to physician's choice of treatment. A post-hoc analysis published in Blood Cancer Discovery showed that combining this technology with new deep learning advancements leveraging cell-specific features in high-content images had the potential to further improve patient outcomes.
PRCT

Hot Stocks

07:15 EST Procept BioRobotics announces Aquablation Therapy received MIB from NICE - PROCEPT BioRobotics Corporation announced Aquablation Therapy received a MedTech Innovation Briefing, MIB, from the National Institute for Health Care Excellence, NICE, for benign prostate hyperplasia in the United Kingdom. NICE has recognized Aquablation Therapy is as effective as transurethral resection of the prostate, TURP, for the removal of prostate tissue for men with BPH. A panel of clinical experts said the technology is innovative compared to the standard of care and offers additional benefits, such as increased ability to preserve sexual function. "The NICE MedTech Innovation Briefing further validates the value we believe Aquablation Therapy brings to patients, doctors, hospitals and healthcare systems around the world," said Sham Shiblaq, Executive Vice President, Chief Commercial Officer of PROCEPT(R) BioRobotics. "The robust body of clinical evidence shows Aquablation therapy offers improved safety and durability when compared to transurethral resection of the prostate, which is the current gold standard surgical treatment option."
DKS

Hot Stocks

07:15 EST Dick's Sporting CEO says 'our inventory is in great shape as we start 2023' - Lauren Hobart, President and CEO said, "Our 2022 results provide a strong foundation upon which we will build in 2023 and well into the future. In 2023, we will grow both our sales and earnings through positive comps, a return to square footage growth and higher merchandise margin. Our consistent performance and financial strength position us to increase the rate of investment in our business to fuel long-term growth opportunities, and also return significant capital to shareholders. The step-change increase in our dividend clearly reflects our strong conviction in our structurally higher sales and earnings. Our fourth quarter was a strong ending to another strong year. We achieved record quarterly sales and our comps grew 5.3% as we continued to gain market share. As planned, we continued to address targeted inventory overages, and as a result our inventory is in great shape as we start 2023. We couldn't be more excited about our spring assortment."
RKLB

Hot Stocks

07:15 EST Rocket Lab schedules next Electron launch from Virginia - Rocket Lab announced it has scheduled its next Electron launch from Virginia during a launch window that opens March 11. The "Stronger Together" mission is scheduled to launch from Rocket Lab Launch Complex 2, or LC-2, on Wallops Island, Virginia for American space tech company Capella Space, a leading provider of commercial Synthetic Aperture Radar, or SAR, imagery. The mission will be Rocket Lab's second launch from the Mid-Atlantic Regional Spaceport at NASA's Wallops Flight Facility following from the company's inaugural mission from LC-2 on January 24.
CSIQ

Hot Stocks

07:13 EST Canadian Solar reports commercial operation of three solar projects in Japan - Canadian Solar announced that three of its solar power projects in Japan, Oita Kitsuki, Gunma Takasaki, and Yamaguchi Hofu, totaling 42 MWp, reached commercial operation in Q1. All three projects are powered by Canadian Solar bifacial BiHiKu modules, and the energy generated is being purchased by grid operators in their respective areas under Japan's feed-in-tariff program for approximately 19 years. These projects together are set to produce circa 53,000 MWh of renewable energy.
PACB

Hot Stocks

07:11 EST Pacific Biosciences begins commercial shipment of Revio sequencing systems - Pacific Biosciences announced the first customer shipments of Revio long-read sequencing systems will commence on March 8. The Revio system features advances in SMRT Cell design, compute, and system architecture. With the Revio system, researchers will be able to scale their interrogation of the full genome in the same run. The Broad Institute of MIT and Harvard has ordered ten Revio systems to scale long-read sequencing for population sequencing initiatives. Additional Revio systems will also be shipped to customers in China, Japan, Korea, Netherlands, and Sweden. PacBio announced orders of 76 Revio systems in the quarter ended December 31, 2022. PacBio expects to ship at least 25 Revio systems during Q1 and will continue to scale throughout the year.
ACHL

Hot Stocks

07:10 EST Achilles Therapeutics announces 2023 focus, upcoming events - Clinical Data: Report clinical activity and translational science data from 15 to 20 additional patients treated with cNeT monotherapy in NSCLC and melanoma and with cNeT/anti-PD-1 checkpoint inhibitor combination in melanoma; Translational Science: Leverage the Company's world-class translational science platform to define the features associated with clinical response and to pursue rational design of the final cNeT product; Clinical Activity: Drive additional confirmed responses in CHIRON and THETIS patients on cNeT therapy by delivering higher cNeT doses and improved product design' Manufacturing Development: Continue VELOS and PELEUS development to optimize cNeT dose and functionality
ACHL

Hot Stocks

07:09 EST Achilles Therapeutics expects cash to fund operations into middle of 2025 - Cash and cash equivalents were $173.3 million as of December 31, 2022, as compared to $266.3 million as of December 31, 2021. With increased focus on the ongoing Phase I/IIa CHIRON and THETIS clinical trials and deprioritization of non-core activities, the Company anticipates that its cash and cash equivalents are sufficient to fund its planned operations into the middle of 2025. The decrease in cash and cash equivalents in 2022 reflects an underlying use of $67.1 million for operating activities and purchases of property and equipment, as well as a $25.9 million foreign exchange effect as the Company retranslates cash and cash equivalents at the prevailing U.S. dollar period rate. The Company's functional currency and underlying cash and cash equivalents are mainly held in British pounds sterling and translated into U.S. dollars for financial reporting.
NVRO

Hot Stocks

07:09 EST Nevro launches HFX iQ spinal cord stimulation system in the U.S. - Nevro has initiated the U.S. full market launch of its HFX iQ spinal cord stimulation - SCS - system, following the completion of a limited market release. HFX iQ combines clinical inputs, such as pain relief and pain score, along with Quality of Life inputs, such as pain medication and activity level changes, to provide an individualized program setting for each patient. The Senza high-frequency 10 kHz Therapy offers AI-driven iQ modes for treating painful diabetic neuropathy and chronic back and leg pain, including non-surgical back pain. In addition to the U.S. approval for Senza HFX iQ, Nevro has submitted for approval in Europe and Australia.
UBER

Hot Stocks

07:06 EST Uber Eats partners with Tampa International Airport for mobile ordering - Uber Technologies announced a new partnership with Tampa International Airport, bringing mobile ordering to the airport's more than 21 million visitors and workers each year. Tampa Airport International Airport is Uber's first official US airport partner, after the Toronto Pearson Airport and pilots at John Glenn International Airport and Charlotte Douglas International Airport. With this expansion, consumers will be able to order ahead and skip the line at more than 20 concession locations.
IONS

Hot Stocks

07:06 EST Ionis Pharmaceuticals: FDA accepts NDA for eplontersen - Ionis Pharmaceuticals announced that the U.S. FDA has accepted for review a New Drug Application for eplontersen, an investigational antisense medicine for the treatment of people living with hereditary transthyretin-mediated amyloid polyneuropathy. The application has been given a Prescription Drug User Fee Act action date of Dec. 22, 2023.
DKS

Hot Stocks

07:04 EST Dick's Sporting sees FY23 CapEx $670M-$720M on gross basis - Sees FY23 CapEx $550M-$600M on a net basis.
CRTO

Hot Stocks

07:03 EST Criteo acquires Brandcrush to accelerate offline retail media solutions - Criteo acquired Brandcrush, an Australia-based company whose platform enables the buying and selling of omnichannel retail media, including offline media channels. With this acquisition, Criteo aims to provide a holistic omnichannel monetization solution globally for retailers to manage their entire media inventory across both ecommerce and physical retail while enabling brands and agencies to discover and purchase omnichannel media from retailers. The Brandcrush platform provides 360 degrees media asset management and activation, ranging from in-store activations such as digital screens, point-of-sale displays, and sampling to out-of-store activations like inbox sampling and inserts, and online activations such as digital circulars, email, and social.
DKS

Hot Stocks

07:03 EST Dick's Sporting raises annualized dividend to $4.00 per share - On March 6, the company's Board of Directors authorized and declared a quarterly dividend in the amount of $1.00 per share on the company's Common Stock and Class B Common Stock. The dividend is payable in cash on March 31 to stockholders of record at the close of business on March 17. This dividend represents an increase of 105% over the company's previous quarterly per share amount and is equivalent to an annualized dividend of $4.00 per share.
BBY

Hot Stocks

07:02 EST Best Buy and Atrium Health partner for hospital-level home care - Best Buy Health and Atrium Health are combining their strengths to develop new hospital at home offerings that aim to enhance the patient experience of receiving hospital-level care in the home. The goal of the partnership is to enable providers to deliver high-quality care to patients in the comfort of their own homes, while helping reduce emotional and financial burdens on patients and caregivers. Atrium Health specializes in telemedicine, including a hospital at home program, combined with a patient population of nearly 3 million people. Atrium Health and Best Buy Health will address the complex requirements of these programs, such as patient education and enabling technology in the home with the help of specially trained Geek Squad Agents to assist with logistics and technical support. Atrium Health launched its hospital at home program as a means to address patient surges during the early stages of the COVID-19 pandemic. Atrium Health has since evolved the program to be able to care for such conditions as cardiac, COPD, pneumonia, asthma, various infections and other medical and post-operative conditions.
DG

Hot Stocks

06:57 EST Dollar General reformulates, rebrands pet food line, Nature's Menu - Dollar General has reformulated and rebranded its dog and cat food line, Nature's Menu. The company's continued investment in private brands is illustrated through this elevated, now premium brand pet food at a value price, which was developed in response to consumer insights. This summer, Nature's Menu will debut a newly reformulated wet pet food, made in the U.S.A.
NBY

Hot Stocks

06:52 EST NovaBay launches Avenova Eye Health Support supplement for dry eyes - NovaBay launched OTC Avenova Eye Health Support oral supplement featuring a combination of MaquiBright, a nutrient-rich, antioxidant-dense extract of the superfruit maqui berry, and natural triglyceride omega-3 oils to comfort dry eyes and support overall eye health. Participants in a four-week, randomized, double-blind, placebo-controlled study on the effects of MaquiBright extract showed an 89% increase in tear production and reported a 57% improvement in dry eye discomfort with Avenova Eye Health Support. Study results were published in the peer-reviewed Journal of Traditional and Complementary Medicine.
KKR

Hot Stocks

06:50 EST KKR sells four Class A self-storage properties for $80M - KKR announced that KKR has sold four Class A self-storage properties totaling approximately 2,897 units for approximately $80M. Two of the properties are located in Austin, TX and the other two are located in Phoenix, AZ and Riverside, CA. The properties were owned by KKR's Americas opportunistic equity real estate fund, KKR Real Estate Partners Americas III, and were sold in two separate transactions with different buyers.
THO

Hot Stocks

06:46 EST Thor Industries falls 8% to $85 after Q2 results miss, FY23 guidance cut
HUT...

Hot Stocks

06:36 EST Hut 8 Mining mines 156 Bitcoin in February - Hut 8 Mining mined 156 Bitcoin in the period ending February 28. In total, 156 Bitcoin were generated, resulting in an average production rate of approximately 5.6 Bitcoin per day.
THO

Hot Stocks

06:35 EST Thor Industries cuts FY23 gross profit margin view to 13.4%-14.2% - Prior view was 14.2%-14.9%. "While positive sentiment and strong underlying interest for the RV lifestyle remain undeterred, we expect near-term demand will continue to be influenced by current macroeconomic conditions. Given the impact of the softer market during our second quarter and our expectation that macroeconomic pressures will persist through the balance of our fiscal year, we are revising our full-year guidance. Our revised guidance anticipates that higher interest rates, elevated prices, and a full North American dealer inventory will result in slower product pull through for the balance of our fiscal year. Nevertheless, our teams have consistently responded to dynamic market conditions as we aim to optimize our business to expected demand conditions. Our teams are executing at a high level, and we are well-positioned to deliver on our revised fiscal 2023 outlook."
VRAY

Hot Stocks

06:34 EST ViewRay announces Czech Ministry of Health approval of MRIdian purchase - ViewRay announced the Czech Ministry of Health has approved the purchase of ViewRay's MRIdian system to bring advanced MRI-guided radiation therapy to treat its cancer patients at the Military University Hospital Prague in the Czech Republic. This is the first and only hospital to offer the precision of MRIdian Stereotactic MRI-guided Adaptive Radiotherapy, or SMART, in the Czech Republic. The purchase was co-financed by the REACT-EU financial instrument and the founder's contribution, the Ministry of Defense of the Czech Republic.
INCY

Hot Stocks

06:33 EST Incyte enters precision medicine strategic partnership with Caris Life Sciences - Caris Life Sciences announced a strategic research partnership with Incyte to augment precision medicine approaches for Incyte's oncology pipeline. Caris' unique platform combines data from whole exome sequencing, whole transcriptome sequencing, protein analysis, and proprietary AI models and signatures to improve patient outcomes through advancement of personalized medicine. The partnership will apply Caris' data and analytics tools, comprehensive molecular tissue and liquid profiling services, and clinical trial enrollment program capabilities across two therapeutic programs initially, with the option for Incyte to expand to four total programs.
THTX

Hot Stocks

06:11 EST Theratechnologies receives Nasdaq non-compliance notification letter - Theratechnologies received a notification letter from Nasdaq advising that the company was not in compliance with listing rules because the bid price of the company's listed securities had closed at less than $1.00 per share over the last 30 consecutive business days from January 19 to March 2. The company has a period of 180 calendar days from the date of the Notification Letter, until August 30, to regain compliance with the Minimum Bid Price Requirement. The Nasdaq letter does not affect day-to-day trading and does not result in the delisting of the company's Shares. Theratechnologies shares are also listed on the Toronto Stock Exchange, and the Nasdaq Notification Letter does not affect the company's compliance status with that listing. If the company does not regain compliance by the end of the Compliance Period, the company may be eligible for an additional 180 calendar day period to regain compliance. The company intends to continue actively monitoring the bid price for its zhares between now and the expiration of the Compliance Period and will consider all available options to resolve the deficiency with every intention to regain compliance.
LODE

Hot Stocks

06:08 EST Comstock Mining rcycling subsidiary sells facility for $27M - Comstock's 88% owned subsidiary LiNiCo announced agreements to sell LiNiCo's facility in McCarran, Nevada, for a gross price of $27M. The facility was being leased pursuant to an agreement that permitted LiNiCo to purchase the facility for a purchase price of $15.25M, of which $3.25M was previously paid. Comstock expects to receive net proceeds of approximately $12.5M from the sale of the LiNiCo facility, plus any remaining proceeds from a $1.5M hold-back deposited in escrow, for up to 18 months, to cover the cost of any potential environmental remediation items subsequently identified by the buyer.
OPT

Hot Stocks

06:05 EST Opthea receives $6.3M R&D tax credit - Opthea announced that it has received a $6.3M research and development tax credit from the Australian Taxation Office. The cash incentive is for research and development costs incurred in the 2021/2022 financial year, and represents the amount disclosed in the company's audited financial statements at 30 June 2022.
LSEA

Hot Stocks

06:05 EST Landsea Homes sees Q1 new home deliveries 400-445 - Delivery ASPs are expected to be in a range of $520K-$525K, home sales gross margins 17%-18% on a GAAP basis and 21%-22% on an adjusted basis.
DOLE

Hot Stocks

06:03 EST Dole seeing 'improvements in global supply chains' - The company said, "The operating environment in 2023 continues to bring both new opportunities and new challenges. We are continuing to see improvements in global supply chains and signs of moderating inflation, which can have a positive impact on our business. However, we have also witnessed further weather events, such as colder weather in Spain and Northern Africa, which have created challenges for importers in Northern Europe at the start of the year. Within our own business, we recently experienced a cybersecurity incident identified as ransomware. We moved quickly to contain the threat and have been working closely with leading cybersecurity experts to remediate the issue and secure our systems. We have also been cooperating with law enforcement. The incident had a limited overall impact on our operations; however, it was disruptive for our Chilean and Fresh Vegetables businesses in particular. Overall, for full year 2023, we believe our business is well positioned for growth. While forecasting in the current environment is complex, we are targeting full year Adjusted EBITDA of $350.0 million. This target assumes no contribution from the Fresh Vegetables division."
PTVE

Hot Stocks

05:36 EST Pactiv Evergreen announces restructuring actions, to eliminate 1,300 positions - Pactiv Evergreen plans to take significant restructuring actions related to its beverage merchandising operations. The company expects to close its Canton, North Carolina mill and its converting facility in Olmsted Falls, Ohio with operations at both facilities expected to end during the second quarter of 2023. Production from the Olmsted Falls facility will be reallocated to other sites. The company also continues to explore strategic alternatives for its Pine Bluff, Arkansas mill and Waynesville, North Carolina facility. The company has not set a timetable in relation to this process. In addition, the company plans to reorganize its management structure by combining the beverage merchandising and food merchandising businesses effective April 1. Approximately 1,300 positions will be eliminated as a result of these actions. The company will provide outplacement assistance and severance to impacted employees, consistent with company policy and labor union agreements. As a result of the closures and change in management structure, we expect to incur non-cash charges in the range of $310M to $330M primarily during 2023 related to the acceleration of depreciation of plant and equipment and other asset impairments. The company also expects to incur and pay cash charges in the range of $130M to $185M primarily during 2023 and 2024 related to severance and associated benefits and exit and disposal and other transition costs. All the above estimates are provisional and include significant management judgments and assumptions that could change materially as the company executes our plans. Actual results may differ from these estimates, and the execution of the plan could result in additional restructuring charges or impairments not reflected above.
ED

Hot Stocks

05:29 EST Consolidated Edison enters $1B accelerated share repurchase agreements - Consolidated Edison announced that it has entered into accelerated share repurchase agreements with two dealers to repurchase $1B in aggregate of its common shares. Con Edison is funding the repurchases under the accelerated share repurchase agreements from a portion of the proceeds from the sale of Con Edison Clean Energy Businesses, Inc. Under the terms of the accelerated share repurchase agreements, Con Edison will make payments of $1B in aggregate to the dealers on March 7 and will receive approximately 8.7M shares of Con Edison common shares in aggregate on the same day. The final number of Con Edison common shares to be repurchased from the dealers will be based on the volume-weighted average share price of Con Edison's common shares during the term of the applicable transaction, less a discount. The final settlement of the transactions under the accelerated share repurchase agreements is expected to occur no later than the third quarter of 2023.
REGN SNY

Hot Stocks

05:22 EST Regeneron, Sanofi announces FDA acceptance for review of Dupixent sBLA - Regeneron (REGN) and Sanofi (SNY) announced that the FDA has accepted for review the supplemental Biologics License Application, or sBLA, for Dupixent to treat adults and adolescents aged 12 years and older with chronic spontaneous urticaria, or CSU, that is not adequately controlled with the current standard of care, H1 antihistamine treatment. The target action date for the FDA decision is October 22.
NOK

Hot Stocks

05:20 EST Nokia announces Converged Charging solution selected by Hrvatski Telekom - Nokia announced that its Converged Charging software solution has been selected by Hrvatski Telekom to help the Croatian operator modernize on-line charging and better harness network monetization opportunities that can unlock new revenue streams. The deal expands Nokia's partnership with Hrvatski Telekom, which already uses a variety of other Nokia products, including its Voice Core and other software applications. As a containerized, microservices-based solution, Nokia Converged Charging, or NCC, will provide real-time rating and charging of voice, data, and SMS/MMS services used by Hrvatski Telekom prepaid and postpaid subscribers. NCC uses a charging configurator that utilizes an intuitive business user interface to quickly create new pricing and market offers, reducing the time required to on-board new customers and tap new commercial opportunities.
IFNNY UMC

Hot Stocks

05:17 EST Infineon, UMC announce long-term strategic cooperation agreement - Infineon (IFNNY) and United Microelectronics Corporation (UMC) announced a long-term strategic cooperation agreement to multiply capacity for the production of Infineon automotive microcontroller in order to serve the rapidly expanding automotive market. The high-performance microcontroller product leverages Infineon's proprietary eNVM technology and will be manufactured at UMC's Singapore fab on its 40nm process. Microcontroller are key components controlling a wide range of functions in vehicles, and demand is increasing as cars evolve to become ever greener, safer, and smarter. Already this year, Infineon is ramping the selling rate of automotive microcontroller to close to one million per day.
TDW

Hot Stocks

05:15 EST Tidewater to purchase 37 platform supply vessels from SOFF for $577M - Tidewater announced a definitive agreement to purchase 37 of Solstad Offshore ASA's, or SOFF, platform supply vessels, or PSV, for $577M. The addition of 37 PSVs makes Tidewater the largest owner and operator of high-specification PSVs, which is the OSV vessel class that has demonstrated the highest utilization through all market cycles. Tidewater intends to fund the transaction through a combination of new debt and cash on hand. The company has received commitments from a group of financial institutions, led by the company's existing lender DNB Bank ASA, for a three-year senior secured credit facility of up to $325M, and expects to raise new debt prior to closing of the Transaction. Closing of the transaction is subject to customary regulatory approvals and includes a financing contingency. The closing of such financing is subject to agreement on satisfactory documentation and the negotiation and satisfaction of customary conditions precedent. The transaction was unanimously approved by Tidewater's board of directors and is expected to close in the second quarter of 2023.