Stockwinners Market Radar for August 29, 2023 - Earnings, Upgrades downgrades, option trades, Best Stock Advisory Service

CAE ERJ

Hot Stocks

20:32 EDT Embraer, CAE expand JV to include pilot and cabin crew training - CAE states: "Embraer (ERJ) and CAE (CAE) announced at the 2023 Asia Pacific Airline Training Symposium that they are expanding their longstanding joint venture to include pilot and cabin crew training for the Embraer E-Jet E2 family of commercial aircraft. Embraer-CAE Training Services will launch a new pilot training program and deploy a state-of-the-art E-Jet E2 full-flight simulator at the Singapore-CAE Flight Training Centre where training is scheduled to begin in December 2023. E2 pilot and cabin crew training programs will be gradually expanded to strategic locations within CAE's global network to support aircraft deliveries."
AMZN

Hot Stocks

19:12 EDT Amazon to end Honeycode beta service, effective February 29, 2024 - Amazon Honeycode said on its community page, "To our valued customers: After careful consideration, we have made the decision to end the Amazon Honeycode beta service, effective February 29, 2024. New customer sign-ups and account plan upgrades are no longer available. Existing customers will be able to use Honeycode and your Honeycode apps as normal (and add team members to your existing account) until February 29, 2024, when the service will be discontinued. After this date, you will no longer be able to use Honeycode or any of the apps you created in Honeycode. To learn more about this change, and how to download your data, visit the Community Discussions." Reference Link
RA

Hot Stocks

19:10 EDT Brookfield Real Assets Income Fund resets monthly dividend to 11.8c from 19.9c - The dividend is payable on October 25th to holders of record on October 11th.
NOTV

Hot Stocks

18:48 EDT Inotiv sells Israeli business to Harlan Holdings - Inotiv announced the completion of the sale of its businesses in Israel. The sale complements Inotiv's site optimization plan for the Research Models and Services segment of the business. The company received cash of approximately $1.2M, including an adjustment for the cash balance at the closing of the sale, a note receivable of approximately $2.5M, including an adjustment for certain reimbursed costs, to be paid in two annual installments on the first and second anniversaries of the closing, and ownership of the Teklad diet manufacturing facility in the U.S., which the company previously leased, as part of the consideration received for this sale. Additionally, the company entered into a five-year supply agreement with the buyer for certain of its diets and bedding. The company entered into a four-year agreement with the buyer, in which the buyer will have exclusive rights to breed and sell all rat and mouse research models of the company within Israel, and the company will receive a 2% royalty during this four-year period. "We are pleased with the outcome of this transaction, as well the progress made to right-size our global footprint," said Robert Leasure, Jr., Inotiv's President and Chief Executive Officer. "With our attractive and competitive profile as a full-service, mid-sized CRO and research model and diet provider, we remain well positioned to maintain strong growth of our businesses. I am also grateful for the contributions made by the Inotiv team as we collectively address both the challenges and opportunities facing our business and industry while delivering a high level of service to our clients."
PODD

Hot Stocks

18:47 EDT Insulet CEO buys $1.0M in common stock - In a regulatory filing, Insulet disclosed that its CEO James Hollingshead bought 5.55K shares of common stock on August 28th in a total transaction size of $1.0M.
NVCR

Hot Stocks

18:34 EDT Novocure announces data from the randomized phase 3 LUNAR clinical trial - Novocure announced that data from the randomized phase 3 LUNAR clinical trial evaluating the use of Tumor Treating Fields, or TTFields, therapy together with standard systemic therapies for the treatment of metastatic non-small cell lung cancer, NSCLC, following progression on or after platinum-based therapy have been published in The Lancet Oncology. As presented at the 2023 American Society of Clinical Oncology Annual Meeting, the LUNAR trial met its primary endpoint, showing a statistically significant and clinically meaningful 3-month improvement in median overall survival when TTFields therapy was added to physician's choice of immune checkpoint inhibitor, or ICI, or docetaxel. The data demonstrate the efficacy and safety of TTFields therapy in this setting, with no systemic toxicities or new safety signals. In addition, patient-reported data suggest there was no quality-of-life burden associated with adding TTFields therapy to standard therapy. Patients randomized to receive TTFields therapy together with standard therapies demonstrated median OS of 13.2 months compared to 9.9 months in patients treated with standard therapies alone. Patients randomized to receive TTFields therapy and physician's choice ICI demonstrated a median OS of 18.5 months versus a median OS of 10.8 months in patients treated with an ICI alone. Patients randomized to receive TTFields therapy and docetaxel had a positive survival trend with a median OS of 11.1 months vs 8.7 months in patients treated with docetaxel alone. TTFields therapy was well-tolerated with no added systemic toxicities and few grade 3 device-related adverse events. The LUNAR clinical trial data are expected to serve as the basis for a Premarket Approval submission to theFDA in the second half of 2023. Novocure recently completed the LUNAR submission for CE mark.
SYT

Hot Stocks

18:25 EDT SYLA Technologies Co Ltd trading halted, news pending
SQSP

Hot Stocks

18:22 EDT Squarespace CEO Casalena sells 30,910 class A shares - In a regulatory filing, Squarespace CEO Anthony Casalena disclosed the sale of 30,910 class A common shares of the company on August 28 at a price of $29.11 per share.
ZTO

Hot Stocks

18:07 EDT ZTO Express backs 2023 volume growth outlook of 20%-24% - Ms. Huiping Yan, CFO, stated: "Core express ASP decreased 7.8% as a combined result from mix impact of KA volume decrease, pricing adjustments to attract lighter or smaller packages and volume incentives. Combined unit sorting and transportation cost decreased over 15%, or 12 cents thanks to scale leverage and continued productivity gain through standardization and digitization programs. SG&A as a percentage of revenue remained stable at approximately 5%. Cash flow from operating activities was 3.8 billion, and capital spending outlay was 2.2 billion. ZTO is focused on profitable growth and our track records have been consistent in that regards. We have established a clear leadership in all three aspects of our strategic focus, that is, service quality, volume and market share, and net profit. We have strong financial resources, staying power and a healthy partner network. In times of macro-economic uncertainties, and facing digressive competitive behaviors in the industry, we are even more diligent and disciplined to carry out appropriate actions. We are reiterating our 2023 volume growth guidance of 20% to 24%. More importantly, we are keeping our eyes on the future in strengthening long-term competitive edge, because the vast opportunities ahead will favor those who are well-prepared."
CXAC

Hot Stocks

18:07 EDT C5 Acquisition receives noncompliance notice from NYSE over late 10-Q filing - C5 Acquisition Corporation announced that on August 23, 2023, as a result of its inability to timely file with the Securities and Exchange Commission its Quarterly Report on Form 10-Q for the fiscal quarter ended June 30, 2023, it received a notice from the New York Stock Exchange stating that the company is not in compliance with Section 802.01E of the NYSE Listed Company Manual. The NYSE notified the company that, under NYSE rules, the company will have six months from August 21, 2023 to file the Form 10-Q with the SEC. The Company can regain compliance with the NYSE listing standards at any time prior to that date by filing its Form 10-Q. If the company fails to file the Form 10-Q within six months from the filing due date, the NYSE may, in its sole discretion, allow the company's securities to trade for up to an additional six months, depending on the specific circumstances. The letter also notes that the NYSE may commence delisting proceedings at any time during the period that is available to complete the filing, if circumstances warrant. As the company reported in its Form 12b-25 filed with the SEC on August 14, 2023, the Form 10-Q could not be filed within the prescribed time period required for smaller reporting companies without unreasonable effort and expense, because the company requires additional time to complete its financial statement preparation and review process. The company continues to work diligently to complete and file the Form 10-Q as soon as practicable.
FUJIY IBM

Hot Stocks

18:04 EDT Fujifilm, IBM develop 50TB native tape storage system for AI enhanced analytics - FUJIFILM (FUJIY) President and CEO, Representative Director: Teiichi Goto and IBM (IBM) announced the development of a 50TB native tape storage system, featuring the world's highest native data tape cartridge capacity . Fujifilm has commenced production of a high-density tape cartridge for use with IBM's newest enterprise tape drive, the TS1170. The sixth-generation IBM 3592 JF tape cartridge incorporates a newly developed technology featuring fine hybrid magnetic particles to enable higher data storage capacity. Fujifilm has succeeded in achieving this innovative cartridge capacity by evolving the technologies developed in previous tape generations. This involved enhancing both the areal recording density and the overall recording area . Nanoparticle Design Technology: Fine hybrid magnetic particles have been newly developed by combining the technologies used in the next-generation Strontium Ferrite magnetic particles and the Barium Ferrite particles that are currently used in high-capacity data storage tapes. Reduction in the size of the magnetic particles and enhancement in their magnetic properties significantly improves the areal recording density. High-dispersion technology for magnetic particles prevents the aggregation of individual ultrafine magnetic particles and allows for a more even dispersion of the particles. Improved thin layer coating technology achieves a more uniform and smoother tape surface, resulting in improved signal-to-noise ratio. A 15% longer tape per data cartridge compared to the previous fifth generation is realized by using a thinner and stronger base film, which is for the support of the magnetic layer. AI enhanced analytics are helping organizations derive value from exponentially increasing volumes of "big data" and prompting the need for long term, cost-effective, high-capacity data storage. With the TS1170 drive and 3592 JF tape cartridge, data-intensive organizations including growing cloud service providers can take advantage of the increased capacity of 3592 JF for long-term retention and security of these massive data sets.
PRIM

Hot Stocks

18:03 EDT Primoris director Schauerman sells 20,000 common shares - In a regulatory filing, Primoris Services director John Schauerman disclosed the sale of 20,000 common shares of the company on August 28 at a price of $34.8001 per share.
WTER

Hot Stocks

17:52 EDT Alkaline Water discloses Nasdaq listing compliance notice - The Alkaline Water Company "announced that it received a deficiency letter on August 23, 2023 from the Listing Qualifications Department of The Nasdaq Stock Market. The Letter notified the Company that since the Company had not yet filed its Form 10-Q for the period ended June 30, 2023, and because the Company did not timely file its Form 10-K for the fiscal year ended March 31, 2023, the Company does not comply with the Nasdaq's Listing Rule 5250(c)(1) relating to the Company's obligation to file periodic financial reports for continued listing. The Letter further stated that the Company has until September 18, 2023 to submit a plan to regain compliance with respect to the delinquent reports. The Letter also stated that any staff exemption to allow the Company to regain compliance, if granted, will be limited to a maximum of 180 calendar days from the due date of the Initial Delinquent Filing, or January 10, 2024. If the Nasdaq does not accept the Plan, the Company will have the opportunity to appeal that decision to the Nasdaq Hearings Panel."
PCH MTN

Hot Stocks

17:27 EDT PotlatchDeltic appoints Wayne Wasechek as CFO - PotlatchDeltic (PCH) announced the appointment of Wayne Wasechek as Vice President, CFO, effective immediately. Wasechek has served as Interim Vice President, CFO and Chief Accounting Officer, since April 19. Previously, Wasechek served as PotlatchDeltic's Controller and Principal Accounting Officer since 2018, where he led the accounting and treasury functions. He previously served as Vice President and Assistant Controller of Vail Resorts (MTN) from 2011 to 2018 and as Senior Director of Financial Reporting of Vail Resorts from 2006 to 2011. Wasechek, a certified public accountant, began his career with PricewaterhouseCoopers and holds a degree in business administration with an emphasis in accounting from the University of Colorado, Boulder.
VTS

Hot Stocks

17:17 EDT Vitesse CEO buys $115.4K in common stock - In a regulatory filing, Vitesse disclosed that its CEO Robert Gerrity bought 5K shares of common stock on August 28th in a total transaction size of $115.4K. Shares of Vitesse are up 1.5% afterhours at $23.84.
HII

Hot Stocks

17:15 EDT Huntington Ingalls awarded $154.82M Navy contract modification - Huntington Ingalls was awarded a $154.82M cost-plus-incentive-fee modification to a previously awarded contract for the DDG 1000 Modernization Period execution. Work is expected to be completed by September 2025. FY23 other procurement funds in the amount of $152.52M; and FY23 operation and maintenance funds in the amount of $2.3M, will be obligated at time of award, of which $2.3M will expire at the end of the current fiscal year. Naval Sea Systems Command is the contracting activity.
SAIC

Hot Stocks

17:12 EDT SAIC awarded $574.53M Air Force task order - SAIC was awarded a $574.53M cost-plus-incentive-fee ground based radar maintenance and sustainment services support task order. This contract provides for continued sustainment and modification of the ground-based radar sensor systems. Work will be performed in Colorado Springs, Colorado; and other locations, and is expected to be completed by March 24, 2030. This contract was a competitive acquisition and four offers were received. FY23 operations and maintenance funds in the amount of $43.84M are being obligated at the time of award. Space Systems Command Acquisitions is the contracting activity.
SYY

Hot Stocks

17:10 EDT Sysco names Greg Bertrand Global Chief Operating Officer, effective September 1 - On August 23, the Board of Directors of Sysco appointed Greg D. Bertrand, currently Sysco's Executive Vice President, U.S. Foodservice Operations, as the Company's Executive Vice President, Global Chief Operating Officer, effective September 1, Bertrand has served as Sysco's Executive Vice President, U.S. Foodservice Operations since July 2018. Reference Link
LOW

Hot Stocks

17:08 EDT Lowe's EVP McFarland sells 4,500 common shares - In a regulatory filing, Lowe's executive VP of Stores Joseph Michael McFarland disclosed the sale of 4,500 common shares of the company on August 28 at a price of $222.53 per share.
NFLX

Hot Stocks

17:00 EDT Netflix announces new mobile games added in August - "Solve puzzles, build LEGO sets, and fight to the death with four new games this month only on Netflix. SNK Corporation's Samurai Shodown, a reboot of the iconic Japanese game series, is now available exclusively for Netflix members. The title joins three other games that launched earlier this month: LEGO Legacy: Heroes Unboxed by Gameloft, WrestleQuest by Mega Cat Studios, and Cut the Rope Daily by Zeptolab. These games and more than 70 others are included with all Netflix memberships without ads or in-app purchases. Samurai Shodown: Focus your mind, draw your blade, embrace death, anticipate, disarm and attack your opponent to taste sweet victory. .. Available exclusively for Netflix members only on mobile... LEGO Legacy: Heroes Unboxed Captain Redbeard, Princess Storm or Hot Dog Man? Your favorite LEGO minifigures and sets are busting out of the box again! Players can assemble a dream team of minifigures to explore, battle enemies and build sets. Available exclusively for Netflix members...WrestleQuest; Slam your way to the top and draw inspiration from wrestling icons to perfect your signature entrance, moves, and style in this role-playing adventure...Cut the Rope Daily : Solve one new logic puzzle every day to keep your streak alive. Cut ropes and pop balloons to feed a cute green monster, who's craving a candy fix! Om Nom, the world's cutest monster, returns with a renewed craving for candy and a new challenge for the whole Netflix community!" Cut the Rope Daily," wrote the Netflix staff in part, on its blog. Reference Link
AMBA

Hot Stocks

16:59 EDT Ambarella down 14% at $65.40 after Q2 results, below-consensus guidance
NDAQ...

Hot Stocks

16:59 EDT Nasdaq says Sarah Youngwood to succeed Ann Dennison as CFO - Nasdaq (NDAQ) announced the appointment of Sarah Youngwood as Executive Vice President and CFO, effective December 1. Youngwood will succeed Ann Dennison, who has held the role since 2021 and will remain at the company until the end of the year to ensure an orderly transition. Youngwood is an accomplished leader in the financial services industry, having previously served as CFO and Group Executive Board member for UBS Group (UBS), where she held a key role in modernizing the bank's infrastructure and the acquisition of Credit Suisse (CS).
AMBA

Hot Stocks

16:59 EDT Ambarella CFO says there is 'opportunity for sequential growth' in Q1 of 2025 - CFO Brian White stated: "So as we give guidance for Q3, Q3 is covered with backlog. And as we look forward into Q4, you asked about kind of whether that's flat or up or down. In the prepared remarks, we talked about an expectation that our range of revenue in fiscal Q4 will likely remain in a similar range as Q3. And again, that's based on additional clarity that we've obtained as we've moved through this cyclical correction. Certainly, we're much farther through that correction at this point. We've seen some new information. We've incorporated that into our current outlooks. We think it's -- we think we have greater confidence in able to -- in our ability to get our heads around how this is shaping up at this point. We think that there is an opportunity for sequential revenue growth as we move into our fiscal Q1 for '25. But that's what we see at this point in time." Comments taken from Q2 earnings conference call Q/A.
EPSN

Hot Stocks

16:47 EDT Epsilon Energy provides update on operations in Pennsylvania and Texas - CEO Jason Stabell states: "In addition to (maintained) quarterly dividend, we would like to provide an update on our operations in Pennsylvania and Texas. We are happy to report that the operator of our upstream assets in the Marcellus recently notified us of near-term drilling plans on our acreage. In late September, drilling will commence on three gross wells (0.39 net). These wells are expected to be on production in the second quarter of 2024. In addition, the operator has begun remedial work on another Auburn area pad to prepare for additional drilling in 2024. We expect this work will result in the drilling of an additional two gross wells in the second half of next year. The remedial work requires the shut-in of approximately 3 MMcf per day of our net production for an estimated 45 days. We expect the shut-in to result in a small net positive adjustment to our full year revenues due to higher forward gas prices in the fourth quarter of this year, with a negligible impact to full year production. However, we estimate third quarter volumes and revenues will be down approximately 5% from our original internal estimates. In Texas, we have reached total measured depth (~2 mile lateral) on our second well in Ector county. Completion operations are scheduled to begin in September on two gross (0.5 net) wells, with first production expected in the fourth quarter. The expected activity will add meaningful production volumes and cash flow in 2024. We look forward to updating you as these plans progress further."
GOOG GOOGL

Hot Stocks

16:43 EDT Google expands Duet AI features across its cloud, including to Mandiant security - Brad Calder Vice President and GM, Google Cloud Platform and Technical Infrastructure said in part, in an earlier blog post: "Our customers are telling us that they want to focus on growth and create lasting industry advantages, while looking for smarter ways to work. To help make this possible, we're reimagining our Google Cloud products with generative AI...we are expanding the Duet AI in Google Cloud preview with new capabilities, with general availability coming later this year. Duet AI can now provide AI assistance across a wide range of Google Cloud products and services to serve more cloud users - spanning developers, operators, data practitioners, and cybersecurity professionals...We unveiled Duet AI in Google Cloud at Google I/O in May, and showcased developer features such as code and chat assistance. Since then, trusted testers across the world have experienced the power of Duet AI while we worked on expanding its capabilities and integrating them across a wide range of products and services throughout our portfolio....we are announcing that Duet AI can now provide AI assistance across more surfaces, infusing the power of gen AI across Google Cloud to help with application development, operations, database management and migration, data analysis and visualization, as well as cybersecurity...Duet AI helps security professionals prevent threats, reduce toil in their security workflows, and uplevel security talent - and it's now integrated into our security products such as Chronicle Security Operations, Mandiant Threat Intelligence and Security Command Center." Reference Link
GLPI

Hot Stocks

16:43 EDT Gaming and Leisure Properties acquires land in Rockford for $100M - Gaming and Leisure Properties announced that it has acquired the land associated with the Hard Rock Casino development project in Rockford, IL from an affiliate of 815 Entertainment, for $100.0M. Simultaneous with the land acquisition, GLPI entered into a ground lease with 815 Entertainment for a 99-year term. The initial annual rent for the ground lease is $8.0M, subject to fixed 2.0% annual escalation beginning with the lease's first anniversary and for the entirety of its term. In addition to the ground lease, GLPI has also committed to providing up to $150.0M of development funding via a senior secured delayed draw term loan, subject to regulatory review. Any borrowings under the senior secured delayed draw term loan will be subject to an interest rate of 10.0%. The term loan has a draw period of up to 1-year and a maximum outstanding period of up to 6 years. The term loan is prepayable without penalty following the opening of the Hard Rock Casino in Rockford, IL, which is expected in September 2024. The term loan advances will be subject to typical construction lending terms and conditions. In conjunction with the foregoing transactions, GLPI will receive a right of first refusal on the building improvements of the Hard Rock Casino in Rockford, IL if there is a future decision to sell them once completed. CBRE Securities acted as financial advisor to Gaming and Leisure Properties. SMBC Nikko Securities America and Jefferies served as the exclusive financial advisors to 815 Entertainment.
BOX

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16:37 EDT Box falls 9% to $28.01 after Q2 results, below-consensus Q3 guidance
XAIR

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16:35 EDT Beyond Air up 8.5% afterhours at $3.07 following insider buy
TXG

Hot Stocks

16:31 EDT 10x Genomics surpasses 100 Xenium Analyzer shipments in eight months - 10x Genomics announced that it has shipped more than 100 Xenium Analyzer instruments in the eight months since the platform's launch. The milestone reflects strong customer demand for the Xenium platform, which is increasingly recognized as the best performing system for in situ analysis.
MOD

Hot Stocks

16:31 EDT Modine Manufacturing to sell facilities in Temecula and Tampa to Protecall - Modine announced the sale of facilities in Temecula, California, and Tampa, Florida, to Protecall. The sale is expected to be completed by the end of September. The facilities provide aftermarket application services in which HVAC units are coated with anti-corrosion protection. Modine will continue to own and license the spray-applied coatings used in aftermarket applications. Modine currently has more than 100 licensed applicators in the Americas region.
CGNX

Hot Stocks

16:31 EDT Cognex to acquire Moritex in $275M all-cash transaction - Cognex Corporation announced it has agreed to acquire Moritex Corporation from Trustar Capital, a private equity affiliate of CITIC Capital Holdings Limited, for approximately $275M, in an all-cash transaction. Moritex is a global provider of optics components with a strong presence in Japan. "At Cognex, we provide manufacturers with the most advanced machine vision solutions. We have long admired, and sold, Moritex optics components as an important element of what we do," said Robert Willett, President and CEO of Cognex. "We often note that machine vision functions like the eye and brain of a human: Cognex vision systems are akin to the brain, and Moritex optics, the eye. Bringing these complementary technologies together will streamline the solution we provide our customers, enabling a more advanced and integrated offering. Expanding into the optics components segment with this acquisition will increase our served market and deepen our penetration of the Japanese machine vision market." Moritex is expected to contribute 6%-8% of Cognex's revenue, and the acquisition is expected to be accretive to GAAP EPS in 2025. The transaction is expected to close by the end of 2023, subject to customary closing conditions.
XAIR

Hot Stocks

16:30 EDT Beyond Air director buys $673.8K in common stock - n a regulatory filing, Beyond Air disclosed that its director Robert Carey bought 250K shares of common stock on August 28th in a total transaction size of $673.8K.
NNDM

Hot Stocks

16:28 EDT Glass, Lewis recommends Nano Dimension holders vote for company nominees - Nano Dimension announced that Glass, Lewis has recommended that Nano Dimension shareholders vote "for" Nano Dimension's nominees and not support Murchinson's nominees at the upcoming Annual General Meeting of Shareholders , scheduled for Thursday, September 7 Nano issued the following statement in response to the Glass Lewis recommendation: "We are pleased that Glass Lewis is joining ISS in recommending support for our director nominees. Nano, under the current Board and management team, is delivering strong results and has a promising future ahead as the Company continues to execute its multi-pronged growth strategy buoyed by strong fundamentals. We encourage shareholders to protect their investment and vote 'FOR' ALL of Nano's highly qualified nominees." In making its recommendation, Glass Lewis noted Nano Dimension has outperformed ts peers under the leadership of CEO Yoav Stern: "...The Company's performance measured from the appointment of Mr. Stern as President and CEO has also generally outperformed peers, which speaks in favor of his track record at the Company in an executive role." Shareholders should NOT support the Murchinson slate: "...We do not believe the present circumstances demand the removal of any independent Directors." "...We do not believe it would be advisable to effect a complete revolution of the board and are not convinced the Dissident Nominees would be better suited for the board as compared..."
SIRI

Hot Stocks

16:27 EDT Sirius XM CEO buys $1.03M in common stock - In a regulatory filing, Sirius XM disclosed that its CEO Jennifer Witz bought 250K shares of common stock on August 28th in a total transaction size of $1.03M.
FGEN

Hot Stocks

16:27 EDT FibroGen announces LELANTOS-2 trial did not meet primary endpoint - FibroGen announced topline data from the Phase 3 LELANTOS-2 trial of pamrevlumab for the treatment of ambulatory patients with Duchenne muscular dystrophy, or DMD, on background systemic corticosteroids. The study did not meet the primary endpoint of change in the North Star Ambulatory Assessment, or NSAA, total score from baseline to week 52. Secondary endpoints measured by change from baseline at week 52 in 4-stair climb velocity, 10-meter walk/run test, time to stand, time to loss of ambulation, and proportion of patients with greater than 10 seconds in the 10-meter walk/run test were also not met. Preliminary safety data showed that pamrevlumab was generally safe and well tolerated. The majority of treatment emergent adverse events were mild or moderate. Treatment-emergent serious adverse events were observed in 8.3% of patients in the pamrevlumab group and 2.8% of patients in the placebo group. FibroGen is in the process of evaluating the totality of the data, including other pre-specified endpoints, to determine the next steps for the program. The company plans to communicate the full results of the LELANTOS-2 study at an upcoming medical forum.
COOP

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16:26 EDT Mr. Cooper CEO Bray sells 21,000 common shares - In a regulatory filing, Mr. Cooper Group CEO Jesse Bray disclosed the sale of 21,000 common shares of the company on August 28 at a price of $55.77 per share.
ARR

Hot Stocks

16:24 EDT Armour Residential REIT announces 1for-5 reverse stock split, stable dividend - ARMOUR Residential REIT announced that its Board of Directors has approved a reverse stock split of ARMOUR's outstanding shares of common stock at a ratio of one-for-five and the September 2023 dividend for the Company's Common Stock. The Company today also announced guidance on common stock dividends for the fourth quarter of 2023. The reverse stock split is scheduled to take effect at about 5:00 p.m. Eastern Time on September 29. The par value of each share of common stock will remain unchanged. Trading in ARMOUR's common stock on a split adjusted basis is expected to begin at the market open on October 2, 2023. ARMOUR's common stock will continue trading on the NYSE under the symbol "ARR" but will be assigned a new CUSIP number. The Company believes that existing stockholders will benefit from the ability to attract a broader range of investors as a result of the reverse stock split and a higher per share stock price. As a result of the reverse stock split, the number of outstanding shares of ARMOUR's common stock as of August 29 will be reduced from approximately 237,356,720 to approximately 47,471,344. As discussed further below, the monthly common dividend rate is expected to remain stable at an adjusted rate of 40c per share. Concurrently, the authorized number of shares of common stock will be reduced from 450,000,000 to 90,000,000. The number of shares of ARMOUR's Series C Preferred Stock outstanding, their preference amount and dividend rate are not affected by this reverse stock split.
MOG...

Hot Stocks

16:24 EDT AAR Corp. signs two multi-year commercial agreements with Moog - AAR Corp. (AIR) has signed two multi-year commercial agreements with Moog (MOG.A). The agreements are the first steps in a new strategic relationship that allows for potential future expansion of the scope of services provided. Under the first agreement, AAR will distribute Moog products applicable to mature aircraft platforms to customers globally. This new OEM relationship complements AAR's existing product offerings and customer base. Additionally, Moog will benefit from AAR's value added services, which include a model that provides delivery of inventory to the end customer, enabling Moog's effort for further simplification. The second agreement will enable AAR and Moog to perform reciprocal component repair services. AAR's component repair facilities will receive support from Moog on manufactured piece parts and repair capability while Moog will receive components from AAR.
IRIX

Hot Stocks

16:18 EDT Iridex announces strategic review to unlock shareholder value - Iridex announced that its Board of Directors is undertaking, in consultation with its financial and legal advisors, a review and evaluation of strategic alternatives that may be available to the Company to unlock shareholder value. Iridex has engaged Piper Sandler to act as financial advisor in connection with the strategic review process. "Iridex is a worldwide leader in laser-based medical systems for the ophthalmology market, with proven platforms, systems and consumable technologies for the treatment of glaucoma and retinal diseases," said David Bruce, President and CEO. "Our decades of commitment to innovation and quality engineering has earned Iridex a unique market position with thousands of physicians and facilities utilizing our products every day in more than 100 countries." "Throughout its history, Iridex has embodied the innovative spirit of Silicon Valley, developing new products that set the clinical and technical standards within its markets," Mr. Bruce continued. "Most recently, in retina this includes the next generation PASCAL platform with MicroPulse capability. In glaucoma, armed with only a fraction of the resources of our market peers, we have steadily expanded our market presence and clinical adoption of an alternative, non-incisional and cost-effective Micropulse Transcleral Laser Therapy for moderate to advanced stage patients. To date, we have placed more than 2,000 glaucoma laser consoles, with approximately half of the total in each of the U.S. and OUS markets, and delivered more than 250,000 single-use probes. Further growth and adoption progress are expected to be driven by recent regulatory approval in China, a soon to begin multi-center clinical trial and new delivery device innovation developments, giving us confidence that MPTLT has a strong future."
TBIO

Hot Stocks

16:16 EDT Telesis Bio names William Kullback as CFO - Telesis Bio has named William Kullback as its CFO, effective immediately. As CFO, Kullback will be responsible for the company's financial planning and analysis, accounting, audit, tax, and treasury functions. With more than twenty-eight years of experience as a CFO, Kullback has held a broad range of financial management and operational roles, primarily in mid-sized to large corporations, including multiple publicly held life-science companies.
AVT

Hot Stocks

16:15 EDT Avnet raises quarterly dividend 7% to 31c per share - Avnet announced that its Board of Directors has approved a 7% increase in the quarterly cash dividend to 31c per share. The dividend will be paid on September 27, 2023 to shareholders of record as of the close of business on September 13, 2023. "We are pleased to announce an increase in our quarterly dividend, furthering our commitment to delivering sustainable shareholder returns as part of our capital allocation strategy," said Avnet Chief Executive Officer Phil Gallagher. "This increase follows a record EPS performance in our 2023 fiscal year and is a reflection of our confidence in our financial position and ability to drive continued growth and value creation for Avnet stakeholders."
NAOV

Hot Stocks

16:11 EDT NanoVibronix says PainShield not reimbursable under Medicare, Medicaid - NanoVibronix provided a response to the recently published payment determination by the Centers for Medicare & Medicaid Services regarding the company's PainShield device. On August 21, 2023, CMS announced publication of its Healthcare Common Procedure Coding System Application Summaries, Coding Decisions and Benefit Category & Payment Determinations for the first bi-annual 2023 Non-Drug and Non-Biological Items and Services. As part of its determination, CMS concluded that PainShield does not fall within a Durable Medical Equipment, Prosthetics, Orthotics and Supplies benefit category. As a result of CMS' determination, PainShield is not reimbursable under Medicare and Medicaid at this time. Brian Murphy, Chief Executive Officer of NanoVibronix, Inc., said, "We are working to fully understand the implications of CMS' HCPCS summaries and payment determiniations as it relates to PainShield. Over the coming weeks, we will be developing an action plan to address CMS' concerns and, at the very least, resubmit an application for additional review. We are exploring several options with our legal and technical teams. We continue to believe that PainShield provides an effective therapy for pain management and could greatly benefit many of the more than 150 million patients covered by Medicare and Medicaid insurance2. Despite our disappointment with the recent decision from CMS, we continue to grow the distribution of PainShield in the workers' compensation, personal injury and Veterans' Administration spaces. Medicare and Medicaid beneficiaries represent just one segment of the growing population of patients seeking effective, non-opioid pain management therapies. We remain steadfast in our commitment to fully commercializing PainShield and getting it into the hands of those that could benefit from its use."
AMRX

Hot Stocks

16:02 EDT Amneal says delegation of HHS, FDA members visited company facility in India - Amneal Pharmaceuticals announced that a delegation of senior members of the U.S. Department of Health and Human Services and U.S. Food and Drug Administration together with local government officials recently visited the Company's manufacturing facility in Matoda, India. The visit followed the G20 Health Ministers' meeting in Gandhinagar, India on August 18 and 19, where health ministers from around the world met to discuss global health issues. The delegation included Ms. Loyce Pace, the Assistant Secretary for Global Affairs, who is the lead on setting global priorities and policies at the U.S. Department of HHS, Ms. Genessa Giorgi, U.S. HHS Health Attache to India, Dr. Sarah McMullen, the India Country Director for the U.S. FDA and Dr. H G Koshia, the Commissioner for the India Food and Drug Control Agency in Gujarat, India. The visit to the Amneal site showcased the company's advanced automation and complex medicine capabilities, the general complexities of pharmaceutical manufacturing, and the importance of investing in technologies that ensure the availability of safe and effective medicines. Amneal's site in Matoda is one of the Company's 12 pharmaceutical manufacturing facilities. "Amneal is a global pharmaceuticals company focused on providing access to affordable, essential medicines. Across our large and diversified product portfolio, we provide key therapies to meet the needs of patients. We are proud to participate in this important visit to share our role in delivering safe and effective pharmaceuticals around the world. We look forward to continuing to engage on the key issues that impact the U.S. pharmaceutical industry's ability to serve patients, including drug shortages," said Chirag and Chintu Patel, Co-Chief Executive Officers.
MAR

Hot Stocks

15:51 EDT Marriott CEO Capuano sells 20,000 class A shares - In a regulatory filing, Marriott president and CEO Anthony Capuano disclosed the sale of 20,000 class A common shares of the company on August 28 at a price of $202.23 per share.
DBGI

Hot Stocks

15:29 EDT Digital Brands Group Inc trading resumes
DBGI

Hot Stocks

15:24 EDT Digital Brands Group Inc trading halted, volatility trading pause
MULN

Hot Stocks

15:02 EDT Mullen Automotive says added 2M shares purchased since Aug. 17 announcement - Mullen Automotive announced an update on the company's stock buyback program with an additional repurchase of 2M in shares of its common stock. The buyback program started on Aug. 16, 2023, and can continue through Dec. 31, 2023. As of today's date, the company has repurchased $5,610,600 in shares of its common stock, which includes an additional 2M shares in new purchases since the company's original announcement on Aug. 17, 2023. "As I have stated on many prior occasions, I believe that our stock is undervalued. The Company has a strong balance sheet and we continue to execute on our business plan, including our recent Class 3 production start with the first vehicles rolling off the line," said David Michery, CEO and chairman of Mullen Automotive.
META

Hot Stocks

13:49 EDT Meta removes thousands of accounts, Pages in China - In a blog post, Meta said it recently took down thousands of accounts and Pages in China that were part of the largest known cross-platform covert influence operation in the world. It targeted more than 50 apps, including Facebook, Instagram, X, YouTube, TikTok, Reddit, Pinterest, Medium, Blogspot, LiveJournal, VKontakte, Vimeo, and dozens of smaller platforms and forums. For the first time, we were able to tie this activity together to confirm it was part of one operation known in the security community as Spamouflage and link it to individuals associated with Chinese law enforcement. In Russia, the company said it blocked thousands of malicious website domains as well as attempts to run fake accounts and Pages on Meta's platforms connected to the Russian operation known as Doppelganger that we first disrupted a year ago. This operation was focused on mimicking websites of mainstream news outlets and government entities to post fake articles aimed at weakening support for Ukraine. It has now expanded beyond initially targeting France, Germany and Ukraine to also include the US and Israel. This is the largest and the most aggressively-persistent Russian-origin operation we've taken down since 2017. Reference Link
DIS

Hot Stocks

13:39 EDT Ahsoka draws 14M views for first episode, StarWars.com says - "Lucasfilm and The Walt Disney Company are thrilled and humbled to announce that Part One of Ahsoka, "Master and Apprentice," was the most-watched title on Disney+ this past week. The debut episode garnered 14Mviews, making the series number one globally on the streaming platform," said a statement from StarWars.com .. "Ahsoka has become a fan favorite with people of all ages and it's wonderful to see her continue to resonate with viewers in her very own headlining series," says Kathleen Kennedy, Lucasfilm president. "I want to recognize the fantastic work done by our creative team, led by Dave Filoni and Jon Favreau, the incredible cast led by Rosario Dawson, and our talented crew - and on behalf of the team and all of Lucasfilm, we give our thanks to all the fans who have been with Ahsoka on every step of her journey and to all those who are just learning about her now in Ahsoka on Disney+."StarWars.com, is run by Lucas Online, the online entertainment arm of Lucasfilm. Lucasfilm is a subsidiary of Walt Disney Studios. Disney acquired Lucasfilm in 2012 for $4.05 billion. The deal included the rights to all existing Star Wars films, as well as the rights to create new movies, TV shows, and other merchandise based on the brand." Reference Link
TWTR

Hot Stocks

12:52 EDT X to allow political advertising on platform, starting in U.S. - X, formerly known as Twitter, stated in a post to its corporate blog: "We have rules in place to help protect the safety and authenticity of conversations on X. During elections, our Civic Integrity Policy provides an extra layer of protection that is applied for a limited period of time before and during an election. We're updating this policy to make sure we strike the right balance between tackling the most harmful types of content-those that could intimidate or deceive people into surrendering their right to participate in a civic process-and not censoring political debate... Building on our commitment to free expression, we are also going to allow political advertising. Starting in the U.S., we'll continue to apply specific policies to paid-for promoted political posts. This will include prohibiting the promotion of false or misleading content, including false or misleading information intended to undermine public confidence in an election, while seeking to preserve free and open political discourse. We'll also provide a global advertising transparency center so that everyone can review political posts being promoted on X, in addition to robust screening processes to ensure only eligible groups and campaigns are able to advertise." Reference Link
GOOG...

Hot Stocks

12:47 EDT Google Cloud, Nvidia expand partnership over AI computing, software and services - Google Cloud (GOOG) and Nvidia (NVDA) announced new AI infrastructure and software for customers to build and deploy massive models for generative AI and speed data science workloads. In a fireside chat at Google Cloud Next, Google Cloud CEO Thomas Kurian and NVIDIA founder and CEO Jensen Huang discussed how the partnership is bringing end-to-end machine learning services to some of the largest AI customers in the world - including by making it easy to run AI supercomputers with Google Cloud offerings built on NVIDIA technologies. The new hardware and software integrations utilize the same NVIDIA technologies employed over the past two years by Google DeepMind and Google research teams. "We're at an inflection point where accelerated computing and generative AI have come together to speed innovation at an unprecedented pace," Huang said. "Our expanded collaboration with Google Cloud will help developers accelerate their work with infrastructure, software and services that supercharge energy efficiency and reduce costs." "Google Cloud has a long history of innovating in AI to foster and speed innovation for our customers," Kurian said. "Many of Google's products are built and served on NVIDIA GPUs, and many of our customers are seeking out NVIDIA accelerated computing to power efficient development of LLMs to advance generative AI."
NSSC

Hot Stocks

12:34 EDT Napco Security expects amended quarterly filings this week - Napco Security said earlier on its Q2 earnings call, "Due to the previously announced need to restate the first, second and third fiscal quarters of fiscal 2023, the company will delay filing its Form 10-K for up to 15 calendar days. We will file the amended 10-Qs as soon as the restatement process is completed with our current expectation being sometime this week." Shares of Napco Security are up 9% to $24.77 in midday trading.
ICCT

Hot Stocks

12:23 EDT FG Merger Corp trading halted, news pending
AAPL

Hot Stocks

12:05 EDT Apple announces September 12 event where iPhone 15 expected to be unveiled - Apple has announced plans for a September 12 event, with an invite heading "Wonderlust," where the iPhone 15 is expected to be unveiled. Reference Link
ATXG

Hot Stocks

12:03 EDT Addentax Group regains compliance with Nasdaq minimum bid price rule - Addentax Group has regained compliance with Nasdaq's minimum bid price listing requirement. A written notice from Listing Qualifications Staff of Nasdaq Stock Market on July 17, 2023, indicated that as of July 14, 2023, the minimum bid price of the Company's common stock was $1.00 per share or greater for the last 10 consecutive business days. As a result, the Company has now regained compliance with Listing Rule 5550(a)(2) and the matter is now clos
VZ

Hot Stocks

12:02 EDT Verizon becomes 'Official 5G Network' of the Carolina Panthers - The Carolina Panthers announced a new partnership with Verizon that will improve the experience for fans at Bank of America Stadium. As the "Official 5G Network of the Carolina Panthers," Verizon will provide connectivity engineered to enhance the fan experience - from helping fans with quick and reliable communications, to catching and sharing all the action on the field. Verizon recently upgraded its 5G Ultra Wideband network inside Bank of America Stadium and will continue with additional upgrades in 2024. As a result, fans in the seats can check scores, watch videos and manage their fantasy teams without worrying about network congestion. Verizon will also work to implement accelerated access technology in the stadium to improve access and ticketing.
SBSW

Hot Stocks

12:00 EDT Sibanye Stillwater falls -6.5% - Sibanye Stillwater is down -6.5%, or -46c to $6.54.
SOXS

Hot Stocks

12:00 EDT Direxion Daily Semiconductor Bear 3X Shares falls -7.2% - Direxion Daily Semiconductor Bear 3X Shares is down -7.2%, or -74c to $9.59.
DMS

Hot Stocks

12:00 EDT Digital Media Solutions falls -7.4% - Digital Media Solutions is down -7.4%, or -33c to $4.16.
JXN

Hot Stocks

12:00 EDT Jackson Financial rises 12.6% - Jackson Financial is up 12.6%, or $4.36 to $38.99.
ONTO

Hot Stocks

12:00 EDT Onto Innovation rises 15.5% - Onto Innovation is up 15.5%, or $17.75 to $131.99.
BIG

Hot Stocks

12:00 EDT Big Lots rises 29.5% - Big Lots is up 29.5%, or $1.85 to $8.13.
GS

Hot Stocks

11:45 EDT CFTC orders Goldman Sachs to pay $5.5M for recordingkeeping violations - The Commodity Futures Trading Commission, or CFTC, has issued an order simultaneously filing and settling charges against Goldman Sachs. The order finds Goldman violated the cease-and-desist provision of a prior order and committed recordkeeping violations in connection with its failure to properly record and retain certain audio files. The order requires Goldman to pay a $5.5M civil monetary penalty and to cease and desist from further violations of the recordkeeping provisions of the Commodity Exchange Act and CFTC regulations, as charged. Reference Link
BR

Hot Stocks

11:42 EDT Broadridge exec chairman Daly sells 8,297 common shares - In a regulatory filing, Broadridge Financial executive chairman Richard Daly disclosed the sale of 8,297 common shares of the company on August 28 at a price of $185.4005 per share.
MULN...

Hot Stocks

11:33 EDT Mullen Automotive sues broker dealers alleging share price manipulation - Mullen Automotive (MULN) announces that the company has filed a lawsuit in the United States District Court, in the Southern District of New York, against TD Ameritrade (AMTD), Charles Schwab (SCHW), National Finance Services and others alleging that these broker dealers "engaged in a scheme to manipulate the share price of the Company's securities." The lawsuit seeks compensatory damages and injunctive relief from defendants. David Michery, CEO and chairman of Mullen stated: "MULN is one of the largest traded stocks on the Nasdaq and it has seen a precipitous decline in value despite announcements highlighting many Company successes. I have been extremely frustrated by the performance of our stock and long suspected illegal short selling activities. That is why we engaged Share Intel and the law firms of Christian Attar and Warshaw Burstein to investigate this matter further to protect the Company and its loyal shareholder base. I am hopeful that this lawsuit sends a clear and unequivocal message to anyone considering any form of illegal trading of Mullen stock."
MSTR...

Hot Stocks

11:08 EDT Marathon, other bitcoin miners jump after court sides with Grayscale over SEC - Shares of Marathon Digital (MARA) and a number of other bitcoin miners are jumping alongside an increase in the price of Bitcoin after the U.S. Court of Appeals for the District of Columbia sided with Grayscale, which maintains its proposed bitcoin exchange-traded product is materially similar to the bitcoin futures exchange-traded products and should have been approved to trade on NYSE Arca, and vacated a prior SEC order that had denied approval of Grayscale's bitcoin fund. Other publicly traded companies in the space include Bit Digital (BTBT), Coinbase (COIN), Core Scientific (CORZ), Greenidge Generation (GREE), MicroStrategy (MSTR), Riot Platforms (riot), Stronghold Digital Mining (SDIG) and TeraWulf (WULF).
HOOD

Hot Stocks

10:55 EDT Robinhood up 4% after appeals court overturns bitcoin ETF ruling
VHAQ CLRD

Hot Stocks

10:50 EDT Viveon Health Acquisition, Clearday amend merger agreement - Viveon Health Acquisition and Clearday, announced they have amended the terms of their previously announced Merger Agreement, dated as of April 5, 2023. Pursuant to the terms of the Merger Agreement, a business combination between Viveon and Clearday will be effected through the merger of a wholly owned subsidiary of Viveon with and into Clearday, with Clearday surviving the merger as a wholly owned subsidiary of Viveon. The amendment to the Merger Agreement provides for, among other things, an increase in the merger consideration from $250,000,000 to $500,000,000, payable in shares of Viveon's common stock, that holders of all of Clearday's capital stock at the effective time of the Merger will be entitled to receive a pro rata portion of the earnout shares, and amending the mechanics for appointing a successor Clearday representative.
RGDFF

Hot Stocks

10:44 EDT Reunion Gold appoints Keith Boyle as COO - Reunion Gold announced that the Board of Directors has appointed of Keith Boyle as COO. Keith most recently served as COO for Superior Gold. The Company also announces that it has granted Mr. Boyle incentive stock options to purchase up to 1,000,000 common shares of the Company at an exercise price of $0.51 per share. The stock options will be vesting in three tranches over a period of two years and are exercisable for a period of up to five years. The appointment of Mr. Boyle and the grant of stock options are subject to regulatory approval.
GBTC...

Hot Stocks

10:36 EDT Court sides with Grayscale over SEC, vacates order to block bitcoin fund - A three-judge appeals panel for the U.S. Court of Appeals for the District of Columbia wrote in an order dated August 29: "The Securities and Exchange Commission recently approved the trading of two bitcoin futures funds on national exchanges but denied approval of Grayscale's bitcoin fund. Petitioning for review of the Commission's denial order, Grayscale maintains its proposed bitcoin exchange-traded product is materially similar to the bitcoin futures exchange-traded products and should have been approved to trade on NYSE Arca. We agree. The denial of Grayscale's proposal was arbitrary and capricious because the Commission failed to explain its different treatment of similar products. We therefore grant Grayscale's petition and vacate the order." Following news of the appeals court decision, shares of Coinbase are up $9.68, or 13%, to $83.39.
ONTO

Hot Stocks

10:33 EDT Onto Innovation jumps 10% after announcing over $100M of orders - Onto Innovation last night announced the finalizing of over $100M in orders for its Dragonfly G3 inspection system with deliveries scheduled through Q1 of 2024, plus new orders now extending into the second half of 2024. "This represents an increase from the previously estimated customer demand reflecting the critical role the Dragonfly G3 system plays in support of advanced packaging for the expanding AI device market," the company said in a statement. Onto said the orders are from "leading" logic and memory manufacturers for heterogeneous integrated packages that combine a graphics processor and numerous high bandwidth memory devices to create an AI GPU in a single package. The company expects additional orders in 2024 to support expansions in the AI GPU market. Shares of Onto Innovation are up 10% to $125.50 in morning trading.
COIN

Hot Stocks

10:31 EDT Coinbase jumps 12% after appeals court overturns bitcoin ETF ruling
GEF

Hot Stocks

10:11 EDT Greif increases quarterly dividend to 52c per share - Greif Board of Directors has declared quarterly cash dividends of 52c per share on its Class A Common Stock, and 78c per share on its Class B Common Stock. This dividend declaration is reflective of our commitment to provide value directly back to our shareholders from our compelling continued free cash flow generation. The dividends are payable on October 2, 2023, to stockholders of record at the close of business on September 15, 2023.
NWBO

Hot Stocks

10:09 EDT Northwest Biotherapeutics plans to submit MAA for DCVax-L treatment - Northwest Biotherapeutics plans to submit a Marketing Authorization Application in the U.K., to the Medicines and Healthcare Products Regulatory Agency for commercial approval of the Company's DCVax-L treatment for glioblastoma. The Company believes that it has now completed all of the remaining prerequisites for such an application, including certain steps related to implementation of the approved Pediatric Investigation Plan and submission of the required formal notification to the MHRA of the upcoming MAA. As the Company reported in its recent 10-Q filing, the Company is in the final stages of completing the application package itself. The Company anticipates submitting the MAA in approximately the next 30-45 days. The Company plans to request that the MHRA review the MAA under the 150-business day process that the MHRA has established to accelerate the availability of new medicines for patients in the U.K.
VZ

Hot Stocks

10:07 EDT Verizon becomes 'Official 5G Network' of the Cleveland Browns - The Cleveland Browns announced a new partnership with Verizon that will improve the experience for fans at Cleveland Browns Stadium. As the "Official 5G Network of the Cleveland Browns," Verizon will provide connectivity engineered to enhance the fan experience so fans can stay connected and share all the action on the field. As part of this partnership, Verizon and the Browns intend to launch new innovations leveraging this 5G network.
GTIM

Hot Stocks

10:05 EDT Good Times Restaurants purchases location in Lafayette, Colorado - Bad Daddy's Burger Bar, owned by Good Times Restaurants, announced that on August 28, 2023 it opened its newest Bad Daddy's at Clift Farm in Madison, Alabama. The Company also announced the purchase of the Good Times Burgers & Frozen Custard location on South Boulder Road in Lafayette, Colorado from a franchisee. The Company has reopened the restaurant after a short closure for retraining on systems enhancements including third-party delivery, app-based ordering, and support for the company's recently launched loyalty program, GT Rewards. Additionally, the Company is installing its digital menu package, updating landscaping, and will be lightly refreshing the exterior and interior of the restaurant.
BAK

Hot Stocks

10:00 EDT Braskem falls -6.7% - Braskem is down -6.7%, or -62c to $8.65.
SBSW

Hot Stocks

10:00 EDT Sibanye Stillwater falls -10.4% - Sibanye Stillwater is down -10.4%, or -72c to $6.26.
NIO

Hot Stocks

10:00 EDT Nio falls -10.8% - Nio is down -10.8%, or -$1.19 to $9.83.
JXN

Hot Stocks

10:00 EDT Jackson Financial rises 9.8% - Jackson Financial is up 9.8%, or $3.39 to $38.02.
BIG

Hot Stocks

10:00 EDT Big Lots rises 22.9% - Big Lots is up 22.9%, or $1.44 to $7.71.
DMS

Hot Stocks

10:00 EDT Digital Media Solutions rises 1313.3% - Digital Media Solutions is up 1313.3%, or $3.93 to $4.23.
DTSS

Hot Stocks

10:00 EDT Datasea's Shuhai Information signs agreement with sales, marketing firm - Datasea announced that Shuhai Information Technology has entered a sales performance and Equity Adjustment Agreement with a top-tier partner possessing industry product sales capabilities. This alliance is slated for the upcoming launch of its non-contact Intelligent Acoustic Skin Repair Robot. Alongside this partnership, Shuhai Information is also launching a 100% owned subsidiary to exclusively market the new intelligent acoustics medical cosmetology and medical health product. This partnership aims to synergize Datasea Inc.'s expertise in acoustic technology with the partner's robust capabilities in sales, marketing, and market operations, specifically in the beauty industry. The agreement outlines various milestones for unlocking equity in this groundbreaking venture. For instance, should the new venture achieve an operating revenue of RMB 500 million yuan within the first fiscal year, the partnering firm will become eligible for an equity transfer of 5% for the new subsidiary.
HE

Hot Stocks

09:47 EDT Hawaiian Electric falls -5.3% - Hawaiian Electric is down -5.3%, or -74c to $13.22.
SBSW

Hot Stocks

09:47 EDT Sibanye Stillwater falls -9.0% - Sibanye Stillwater is down -9.0%, or -63c to $6.36.
NIO

Hot Stocks

09:47 EDT Nio falls -11.0% - Nio is down -11.0%, or -$1.21 to $9.81.
BEKE

Hot Stocks

09:47 EDT KE Holdings rises 6.5% - KE Holdings is up 6.5%, or 96c to $15.71.
JXN

Hot Stocks

09:47 EDT Jackson Financial rises 9.9% - Jackson Financial is up 9.9%, or $3.42 to $38.05.
BIG

Hot Stocks

09:47 EDT Big Lots rises 18.6% - Big Lots is up 18.6%, or $1.17 to $7.45.
HKIT

Hot Stocks

09:46 EDT Hitek Global Inc trading resumes
BEEP

Hot Stocks

09:44 EDT Fifth Wall Acquisition Corp III trading resumes
BNRG

Hot Stocks

09:42 EDT Brenmiller approved to supply Israel's Wolfson Hospital with electric heat - Brenmiller Energy has received final approval from the Israeli Ministry of Finance to supply electric process heat to Wolfson Hospital. The Israeli Ministry of Finance announced it has approved a budget of up to NIS 14M for Wolfson Hospital to procure TES equipment from Brenmiller. The Israeli Ministry of Finance estimates that the use of electric heat, provided via Brenmiller's bGen ZERO thermal energy storage system, has the potential to save Wolfson Hospital up to $1.3M annually and reduce the hospital's local carbon footprint by 3,900 tons per year. A final agreement between Wolfson Hospital and Brenmiller is under preparation and is expected to be signed by the end of Q4 2023. Subject to negotiation and execution of the definitive Agreement, Brenmiller will deliver its technology and supply heat to Wolfson Hospital at zero up-front cost through an agreement for a seven-year term.
HKIT

Hot Stocks

09:41 EDT Hitek Global Inc trading halted, volatility trading pause
KSCP

Hot Stocks

09:36 EDT Knightscope announces a new deployment at an Illinois casino property - Knightscope announces a new deployment at an Illinois casino property utilizing a K5 Autonomous Security Robot. Additionally, the Huntington Park (California) Police Department renewed their contract for the fifth consecutive year for its K5 ASR.
ACT

Hot Stocks

09:35 EDT Core Specialty enters mortgage reinsurance market via Enact collaboration - Core Specialty Insurance Holdings entered the mortgage reinsurance market in collaboration with Enact Holdings. Core Specialty will provide excess of loss reinsurance on selected Freddie Mac and Fannie Mae mortgages. As part of this initiative, Core Specialty has entered into an advisory agreement whereby Enact will provide underwriting expertise, market intelligence including trends, and portfolio analysis of the written business in support of Core Specialty's underwriting. Core Specialty has applied for and received approval from Government Sponsored Entities Freddie Mac and Fannie Mae as a new reinsurance counterparty participant.
FDX

Hot Stocks

09:35 EDT FedEx Express, Ground and Freight to adjust shipping rates on January 1, 2024 - FedEx Express, FedEx Ground, and FedEx Freight, subsidiaries of FedEx Corp. (NYSE: FDX), will adjust shipping rates on January 1, 2024, the company announced. "FedEx Express shipping rates will increase by an average of 5.9% for U.S. domestic, U.S. export, and U.S. import services. FedEx Ground and FedEx Home Delivery shipping rates will increase by an average of 5.9%. FedEx Ground Economy shipping rates will also increase. FedEx Freight shipping rates will increase by an average of 5.9%-6.9% dependent on the customer's transportation rate scale. This change applies to shipments within the U.S. (including Alaska, Hawaii, Puerto Rico, and the U.S. Virgin Islands) and between the contiguous U.S. and Canada. The average annual rate increases are one percentage point lower than last year's general rate increase. The price adjustments reflect incremental costs associated with the current operating environment, while enabling FedEx to continue investing in service enhancement, fleet maintenance, technology innovations, and other areas to serve customers more effectively and efficiently," the company stated. Reference Link
BEEP

Hot Stocks

09:34 EDT Fifth Wall Acquisition Corp III trading halted, volatility trading pause
IINN

Hot Stocks

09:33 EDT Inspira Technologies signs agreement expansion with Innovimed - Inspira Technologies has signed a further Service Agreement to supplement its previously announced Strategic Agreement with Innovimed for planned clinical trials of the INSPIRA ART medical devices. The extended agreement covers any European country. The company to-date have signed summary distribution agreements with Innovimed in Poland, Czech Republic and Slovakia, subject to completion of product development and regulatory approval, potentially generating over $130 million in revenues for the Company over seven years.
DAL BA

Hot Stocks

09:33 EDT Delta to launch new service between Haneda to Honolulu - Delta (DAL) will launch a nonstop daily service between Tokyo International Airport and Honolulu International Airport on Oct. 28, 2023. This is the first time Delta has offered a service between Haneda and Honolulu after all Tokyo operations were moved from Narita Airport to Haneda in March 2020, the start of which was delayed due to the pandemic. Delta's Haneda-Honolulu flight will operate on a Boeing (BA) 767-300ER, offering Delta One, Delta Premium Select, Delta Comfort+ and Main Cabin options. "As travel demand gradually recovers in Japan, we decided to add the new Honolulu service to our HND network," said Victor Osumi, Delta's Managing Director and President - Japan. "Our commitment to both markets remains strong. Customers will enjoy more options and destinations from Haneda, with Delta's unparalleled premium experience on the ground and in the air."
CODX

Hot Stocks

09:32 EDT Co-Diagnostics appoints Ivory Chang as Chief Regulatory Affairs Officer - Co-Diagnostics announced that it welcomes Ivory Chang as the company's Chief Regulatory Affairs Officer. "Ms. Chang's in-depth regulatory affairs experience has included time spent with several notable names in the diagnostics industry, including Roche, Boston Scientific, BD Biosciences, Cepheid, Thermo Fisher Scientific, and more," the company stated.
FFIC

Hot Stocks

09:32 EDT Flushing Financial secures two grants from Affordable Home Program - Flushing Financial secured two grants from the Federal Home Loan Bank of New York through its Affordable Housing Program. The first grant was for $1.5 million dollars on behalf of the Town of Hempstead Housing Authority Program and its developer, Georgica Green Ventures, LLC. The funding will help subsidize the redevelopment of an existing facility, known as Dogwood Terrace, which is comprised of seven existing two-story residential buildings and a community center located in Franklin Square, NY. Upon completion, there will be 104 new affordable housing units available for seniors. The second grant was on behalf of the North Hempstead Housing Authority for $1.1 million dollars for a project known as Laurel Homes located in Roslyn Heights, New York. This grant will help subsidize the redevelopment of nine existing residential buildings comprised of seventy-four residential units. Upon completion the project will include sixty-six new residential units with a mixture of one-to-five-bedroom affordable apartments, providing much needed living accommodations for families in need of affordable housing options for their immediate and extended family members.
AMZN

Hot Stocks

09:26 EDT Amazon acquires startup Fig, terms not disclosed - Fig co-founder and CEO Brendan Falk wrote in a Monday blog post, "I am thrilled to announce that the Fig team will be joining Amazon Web Services and Amazon has acquired Fig's technology! Fig and AWS share a passion for improved developer tools and services. By combining Fig's expertise with AWS' long-term orientation and track record of delivering customer-centric products, we see an opportunity to enhance the developer experience. AWS believes that generative AI represents a major technological shift to transform the way its customers build, and we are beyond excited to be a part of that larger vision...Existing users will continue to be able to use Fig and will receive ongoing support. What's more, we are now making all the paid Fig Team features completely free. New users will not be able to sign up for Fig's products right now while we focus on optimizing them for existing customers and addressing some needs identified to integrate Fig with AWS. If you're interested in staying up-to-date on our work with AWS, we will release a signup link in the coming weeks!" Reference Link
TYL

Hot Stocks

09:25 EDT Tyler Technologies signs first full-suite public safety agency in state of Maine - Tyler Technologies announced it signed an agreement with Scarborough Public Safety in Maine for Tyler's public safety solutions including Enterprise Public Safety, Enforcement Mobile, and Fire Prevention Mobile. "After a thorough selection and vetting process, we're pleased to select Tyler's Enterprise Public Safety, Enforcement Mobile, and Fire Prevention Mobile software solutions," said Joseph Thornton, 911 director for Scarborough Public Safety. "This software system implementation will be critical to the success of our police and fire departments and emergency communications division. It will allow them to respond more quickly to residents, more accurately track records, and more effectively communicate with each other."
PLD

Hot Stocks

09:24 EDT Prologis clears redemption requests in U.S. and European funds, commits $500M - Prologis has cleared all redemption requests as of June 30 for its two major strategic capital funds, Prologis European Logistics Fund - PELF - and Prologis U.S. Logistics Fund - USLF -. The company also announced an additional commitment of $500M to the funds, EUR250M in PELF and $250M in USLF.
M GPS

Hot Stocks

09:19 EDT Macy's, Gap launch collection of sleepwear, underwear and intimates - Macy's (M) announced a partnership with Gap (GPS) to launch an exclusive collection of sleepwear, underwear and intimates for men and women. This is the first-ever partnership between the two brands. The product categories will offer an assortment of exclusive designs and colorways. Starting today, the Gap assortment is available to shop at prices ranging from $12.50 to $79.95 on Macys.com, Macy's mobile app and in select stores nationwide.
VRNS

Hot Stocks

09:18 EDT Varonis opens UK data center to support SaaS customers - Varonis Systems announced its first data center in the U.K. to support customers moving to Varonis' SaaS offering. The new data center, located in London, will help Varonis customers demonstrate compliance with national data protection laws and enable them to leverage Varonis' world-class automation, visibility, and support. The new data center will help Varonis meet growing demand in the U.K., where organizations must follow data protection principles under the Data Protection Act that control how organizations, businesses, and the government use personal information.
APDN

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09:14 EDT Applied DNA Sciences announces availability of Linea IVT evaluation kit - Applied DNA Sciences announced the general availability of Linea IVT platform evaluation kits and the first shipment of a Kit to an existing Linea IVT Template customer. The newly launched Kit, comprised of Linea IVT template, a buffer system, and Linea RNA Polymerase, supports the conversion of current template evaluation customers to Linea IVT.
CCLD

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09:13 EDT CareCloud announces integration of talkEHR platform at Sympathy Health Clinic - CareCloud announced the successful integration of its talkEHR platform at Sympathy Health Clinic in Las Vegas. This integration stands as a leap forward in enhancing the clinic's patient care and practice management capabilities. The comprehensive talkEHR offerings seamlessly integrated into Sympathy Health encompass cutting-edge functionalities, including electronic health records, practice management, telehealth, electronic prescription, and electronic claims. The core objective of this integration is to streamline the day-to-day workflows of healthcare providers while simultaneously elevating the overall patient experience. The decision of Sympathy Health Clinic to transition to CareCloud's talkEHR stems from their requirement for a comprehensive solution that includes telehealth capabilities.
EC

Hot Stocks

09:13 EDT Ecopetrol auhorized to execute loan for up to $1B with international banks - Ecopetrol has been granted authorization by the Ministry of Finance and Public Credit to execute a credit agreement for up to $1B. This loan will serve to fund the company's organic investment plan for 2023. Deutsche Bank AG, Banco Inbursa, Banco Latinoamericano de Comercio Exterior and ICBC Standard Bank will act as lenders. The loan is set to span a period of 7 years from the agreement's signing date, with principal payments commencing in the third year. The interest rate will be variable and determined by the involved parties. The execution of the loan agreement and the initial disbursement of $800M are anticipated to occur within the coming days. Additionally, the loan allows for the possibility of additional disbursements for up to $200M within 90 days of the date of execution of the agreement, subject to a contractual process. As per the terms of the agreement sanctioned by the MHCP, the aggregate value of this external public credit will not surpass $1B.
CEI

Hot Stocks

09:12 EDT Camber, JV partners introduce portfolio of detection systems to reduce wildfires - Camber Energy and its joint venture partners officially introduce for use by utilities around the world an expanded portfolio of fully developed, patent pending, ready-for-market proprietary Electrical Transmission and Distribution Open Conductor Detection Systems designed to detect unsafe and hazardous conditions for transmission lines and distribution lines of any length and any voltage. The systems are designed to immediately identify when a conductor breaks or opens and to instantly de-energize the appropriate source of power, whether it be from a transmission line or distribution line. This novel approach affords our technology a unique advantage in detecting open conductors before they make contact with the ground.
FAT

Hot Stocks

09:11 EDT Fat Brands' Great American Cookies announces new location in Orlando - Great American Cookies announces its return to the Orlando market with a new location. Situated in the Orlando International Premium Outlets, the latest store marks "another successful Nestle Toll House Cafe by Chip conversion by FAT Brands, the parent company of Great American Cookies," the company said. The cookie chain has plans to continue its growth in Orlando with new locations set to open later this year.
CELU REGN

Hot Stocks

09:10 EDT Celularity enters Research Collaboration Services Agreement with Regeneron - Celularity (CELU) announced a multi-year Research Collaboration Services Agreement with Regeneron Pharmaceuticals (REGN) to support the research of Regeneron's allogeneic cell therapy candidates. The agreement's initial focus is the research on a targeted allogeneic gamma delta chimeric antigen receptor T-cell therapy owned by Regeneron designed to enhance proliferation and potency against solid tumors. "The agreement with Regeneron announced today is an important milestone for Celularity that recognizes our expertise in the research of cellular therapies, including the engineering of CAR-T cells. We believe that this relationship paves the way for future industry collaborations leveraging our world class cell therapy facilities and capabilities," said Robert Hariri, M.D., Ph.D., Celularity's CEO, Chairman and Founder. "We have long admired the exceptional scientific legacy at Regeneron and welcome the opportunity to collaborate with a world leader in innovative medicines."
VCIG...

Hot Stocks

09:10 EDT VCI Global continues development of AI collaborations - VCI Global announced collaborations with Microsoft Azure OpenAI and AdScale. First, with the Microsoft Azure OpenAI collaboration, VCI's wholly-owned subsidiary, V Galactech Sdn Bhd, will team up with the Microsoft Azure OpenAI platform with the goal of leveraging each firm's respective artificial intelligence expertise to continue developing business solutions for the Microsoft platform. This allows VCI Global to play a role in further developing the tech landscape surrounding next-gen innovations, such as GPT-4 and Bing Chat Enterprise. VCI Global says it will also utilize Microsoft Azure OpenAI's AI technology for its current and upcoming projects, including the robosale software, which is an automated and AI-assisted sales platform.Turning to the AdScale collaboration, VCI Global has recently been appointed as an exclusive licensee for the company's AI-powered marketing tools. The exclusive assigned territory covers nine countries including Hong Kong, Malaysia, Indonesia, The Philippines, Singapore, South Korea, Taiwan, Thailand and Vietnam. The news comes as VCI aims to continue building its AI portfolio of products and services to serve as a key leader across Asia. VCI management says with the territory's combined population of 800 million across those nine countries, the AdScale partnership is estimated to generate "significant earnings" for VCI as early as 2024. VCI has also recently announced collaboration with Treasure Global, Inc. to develop an artificial intelligence-powered travel platform to revolutionize traveling in Malaysia. The platform will be designed to serve as a high-tech portable concierge that can assist travelers with travel activities, exploration recommendations, dining options, and more. The high-tech travel platform will also have a built-in translation function to further assist travelers with enhancing their experience when traveling in Malaysia.
DLPN

Hot Stocks

09:08 EDT Dolphin Entertainment's 42West named Agency of Record for Dark Taverns - Dolphin Entertainment celebrates the collaboration between its subsidiary, 42West, and the eagerly anticipated massively multiplayer online role playing game, Dark Taverns. This partnership emphasizes 42West's steadfast dedication to elevating the world of gaming and enhances its longstanding commitment to pop culture, consumer products, and technology.
NRXS

Hot Stocks

09:08 EDT Neuraxis highlights pediatric post-concussion study - NeurAxis highlighted A Prospective Study on the Effect of Auricular Percutaneous Electrical Nerve Field Stimulation, PENFS, in Patients with Post-Concussion Syndrome, PCS, a randomized, double-blind, placebo-controlled trial to evaluate the efficacy of IB-Stim in children with post-concussion symptoms. Brian Carrico, President and Chief Executive Officer of NeurAxis, said, "We are thrilled to support this research because if the data is positive and the FDA gives clearance, this would be a groundbreaking therapeutic option for post-concussion syndrome. According to literature, the majority of concussions occur in children, mainly due to sports and unstructured play with or without helmets. While symptoms generally resolve in a few weeks, others persist, including ongoing headaches, nausea, and dizziness, as well as mood and behavioral disorders. Medications are primarily used for off-label in the treatment, despite the lack of evidence to support efficacy or safety."
LGMK

Hot Stocks

09:07 EDT LogicMark signs manufacturing agreement with AQS - LogicMark announced an agreement with All Quality and Services, AQS, to engineer and manufacture new hardware devices, the first product of which is scheduled to launch next year. "Having an additional contract manufacturer based in the U.S. helps us diversify our risk and minimize supply chain disruptions, ensuring our customers have the products they need. Our customers are also requesting products that are 'Made in USA'. With existing tariffs on imported products, manufacturing in the USA is now more competitive, which allows us to increase the number of cost effective customer solutions. We look forward to partnering with AQS to help us introduce new products into the marketplace, which will supplement life saving products already in our pipeline expected for launch in 2023 and 2024," said LogicMark CEO, Chia-Lin Simmons.
GDTC

Hot Stocks

09:07 EDT Cytomed Therapeutics expands research collaboration in China - CytoMed Therapeutics announced entering into a Memorandum of Understanding with China-based Hangzhou CNK Therapeutics. Under the terms of the agreement, CytoMed will be able to utilize CNK's PiggyBac technology to permanently graft the Chimeric Antigen Receptor gene directly into its patented gamma delta T-cells through a non-viral gene editing method. The MOU will have an initial duration of one-year, with an option to renew and remains subject to definitive agreements and other customary closing conditions. In addition, there remains a possibility for CytoMed and CNK to engage in a joint venture to conduct clinical trials within China.
GETY

Hot Stocks

09:06 EDT Getty Images announced as official photographer for 2024 Spring/Summer NYFW - Getty Images has been named as the Official Photographer for the 2024 Spring/Summer Season of IMG's New York Fashion Week, NYFW: The Shows. As the Official Photographer, Getty Images' award-winning entertainment photographers will be delivering high-quality imagery throughout New York Fashion Week in New York City, all to be distributed exclusively through gettyimages.com. "Each year, New York Fashion Week continues to be a premier event, providing leading designers from around the world with a global platform to showcase their collections and trends for the upcoming season," said Getty Images VP of Global Entertainment Kirstin Benson. "We are thrilled to partner with IMG once again to deliver unrivalled, compelling and differentiated content -- from all runway shows, fashion and behind the scenes moments -- that our global customer base won't find anywhere else."
VRTX

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09:06 EDT Vertex appoints Atkinson EVP Chief Technical Operations Officer - Vertex Pharmaceuticals announced that E. Morrey Atkinson, Ph.D., has been appointed Executive Vice President, Chief Technical Operations Officer, Head of Biopharmaceutical Sciences and Manufacturing Operations, effective immediately. Dr. Atkinson has served as Senior Vice President of Global Commercial Manufacturing and Supply Chain since July 2020. This new role and function unifies responsibility for small molecule, cell and gene therapies across preclinical, clinical and commercial biopharmaceutical sciences, manufacturing operations and global supply chain.
SHPH

Hot Stocks

09:04 EDT Shuttle Pharmaceuticals' HDAC6 inhibitor shows immune response stimulation - Shuttle Pharmaceuticals announced the publication of a manuscript reporting on the ability of Shuttle's lead Histone deacetylase 6 - HDAC6 - inhibitor drug candidate - SP-2-225 - to stimulate the innate immune system following radiation therapy. The manuscript was published in Molecular Cancer Therapeutics, a scientific journal affiliated with the American Association for Cancer Research. The report highlights to the scientific and financial community how our novel selective inhibitor (SP-2-225) is able to target the HDAC6 function in tumors to inhibit tumor growth and enhance the M1/M2 ratio of infiltrating macrophages within tumors as a combination therapy with RT," commented Anatoly Dritschilo, CEO. "These observations support a strategy to advance the use of selective HDAC6 inhibitors to improve antitumor immune responses and prevent tumor relapse post-radiation therapy." RT is a curative cancer treatment modality that imparts damage to cellular DNA, induces immunogenic cell death, and activates antitumor immunity. Acute proinflammatory responses mediated by anticancer M1 macrophages are observed in the immediate aftermath following RT. However, after a few days, these M1 macrophages are converted to anti-inflammatory and pro-cancer M2 phenotype, leading to cancer resistance and underlying potential tumor relapse.
CLVR

Hot Stocks

09:04 EDT Clever Leaves reports cannabis operations declared carbon neutral - Clever Leaves Holdings has been awarded the International Declaration of Carbon Neutrality by 100% Carbon Neutral Program for its active commitment to environmental sustainability and climate change mitigation. Clever Leaves is the first known vertically integrated medicinal cannabis company worldwide to have achieved international certification for carbon-neutrality. Clever Leaves is taking proactive steps to address the challenges posed by climate change through implementing a range of efficiency measures to curb carbon emissions and preserve natural resources. These measures include using passive techniques to harness solar energy and optimizing waste management practices. The Company has also forged partnerships with local recycling associations, initiated reforestation projects, and integrated rainwater into its irrigation processes. Through sustainable practices, the company repurposes or recycles more than 50% of waste into productive processes. "At our core, we work for being a sustainable company. We are among the first large vertically integrated medicinal cannabis companies operating in the newly legal industry, and it is incumbent on us to build an industry that is sustainable and environmentally sound from the start. We feel that there is no better time than now to double-down on our commitment to sustainability and are dedicated to mitigating climate change wherever possible. We are proud to know that our flower and extracts being sold globally are grown and manufactured in a carbon-neutral environment. Furthermore, we believe this will also prove to be important to our clients, physicians, and patients." said Andres Fajardo, CEO of Clever Leaves.
BLZE

Hot Stocks

09:02 EDT Backblaze announces expanded partnership with Qencode - Backblaze announced an expanded partnership with Qencode, a media services platform that enables users to build powerful video solutions. The expanded partnership embeds the Backblaze Partner API within the Qencode platform, making it frictionless for users to add cloud storage to their media production workflows.
NRC

Hot Stocks

08:56 EDT LifeBridge Health selects NRC Health as patient experience partner - LifeBridge Health has selected NRC Health to be its partner in providing Human Understanding through personalized healthcare solutions and data-driven insights.
NIO

Hot Stocks

08:42 EDT Nio CEO says 'confident' in delivery volume guidance provided - Nio CEO William Li said on the company's Q2 call, according to a transcript: "So starting from June and July and August, we have taken a more active manner in improving our sales capabilities. And with that, we hope that the company will be able to support the new orders of 30,000 units per month that will be contributed by our sales network as well as the personnel increase. So that by the end of September, we will be able to realize that target. Of course, it takes time for us to really train the personnel and also to find the locations. So we will have that initial capability ready by the end of September, and then the real effect will kick in from October. That is our existing plan for the improvement. This is also why starting July and August, we've been taking some active measures and actions in expanding our sales network and touch points, especially in lower-tier cities where we don't have a full-fledged facilities or stores, we hope to really secure and hire experience and season salespersons who have their networks and user bases already to help us with the sales test. And regarding your second question, in July, we have delivered more than 20,000 vehicles. And as shown by our guidance, our delivery volume in August and September are lower than that in July. This is mainly because by the end of July, we have announced the adjustment to our Power Swap user benefits before users enjoy or are entitled to or swaps per month. But starting from August 1, all the new orders are not entitled to free swaps anymore. This also helped us to pull ahead some orders or users with strong demand for Power Swap in July, and this has also affected the delivery volume in July. In terms of the August, we believe that it will take some time for the order momentum and intake to be back to the normal track. But in the meantime, in August, we've also witnessed a new high of the numbers of test drives and leads. Average speaking, during the weekends, we have more than 10,000 test drives. This represents a significant growth from the past month. And in the meantime, we also understand that it will take some time for the test drive to be truly converted into orders and we will wait for that. But over speaking, we are very confident in stabilizing the order intake as well as the delivery volume. In the meantime, we also need to understand the external challenges, especially the challenges and the pressure from the macroeconomic environment. So our fair cost and guidance have also considered that those external factors. But overall speaking, we are confident in the delivery volumes we provided."
CWCO

Hot Stocks

08:40 EDT Consolidated Water increases quarterly dividend to 9.5c per share - Consolidated Water has increased its quarterly cash dividend and declared a dividend of 9.5c per share for the fourth quarter of 2023. This fourth quarter dividend represents an increase of 11.8% from the third quarter 2023 dividend of 8.5c per share. The cash dividend is payable on October 31, 2023 to shareholders of record at the close of business on October 2, 2023. "Our strong growth across all four of our business segments has resulted in increased profitability and cash flow," stated Consolidated Water president and CEO, Rick McTaggart. "This performance and positive outlook supported our board of directors' decision to increase our quarterly dividend for our stockholders."
AYRO

Hot Stocks

08:39 EDT AYRO awarded patent for vehicle seat design - AYRO has been issued U.S. Patent No. D996076 from the U.S. Patent and Trademark Office for the "vehicle seat" of the 2023 AYRO Vanish . The awarded design patent is for the ornamental design of a new exoframe seat onto which customizable damped and covered bolsters may be fastened to improve ride comfort and diminish driver fatigue.
SBET

Hot Stocks

08:38 EDT SharpLink Gaming partners with SB Nation for survivor fantasy game - SharpLink Gaming has partnered with SB Nation, Vox Media's collection of nearly 200 fan-centric sports team communities, to create a new free-to-play survivor-style fantasy game for the 2023/2024 NFL football season. The game is set to go live Friday, September 1, 2023, and will be available across SB Nation's slate of team-centric NFL sites.
EVAX NVO

Hot Stocks

08:38 EDT Evaxion Biotech appoints Kanstrup as CEO - Evaxion Biotech (EVAX) announced: Evaxion has hired a new Chief Executive Officer, CEO, to accelerate the strategic development and execution of the vast business opportunities at hand after having matured the Company's AI platforms over the past 15 years. Christian Kanstrup has accepted the role as CEO of Evaxion. Kanstrup has held several senior leadership positions at Novo Nordisk (NVO), including Head of Biopharma Operations.
INOD

Hot Stocks

08:38 EDT Innodata secures LLM expansion with 'Big Five' customer - Innodata is expanding its large language model development program with the new customer it announced July 18, 2023. The customer is one of the "Big Five" global tech companies. As a result, Innodata now anticipates potentially reaching an annualized run rate of $25 million or more by the end of 2023, an increase of $10 million from the potential annualized run rate of $15 million announced on July 18, 2023.
SP

Hot Stocks

08:37 EDT SP Plus enters parking, shuttle operations contract at Eppley Airport - SP+ Corporation announced its five-year contract for management of all public and employee parking facilities, and public and employee shuttle service at Eppley Airport, in Omaha, Nebraska.
PRZO

Hot Stocks

08:36 EDT ParaZero announces release of SafeAir M30 Pro system - ParaZero Technologies announced the official release of the SafeAir M30 Pro, a parachute system designed for DJI's newest enterprise drone, DJI M30. ParaZero's SafeAir M30 Pro is a drone parachute recovery system that mitigates flight risks autonomously. The SafeAir system is equipped with integrated sensors that continuously monitor and analyze the drone's flight patterns to identify any indications of a critical failure. When triggered, the SmartAir Pro, ParaZero's onboard computer, responds with an instantaneous activation of the SafeAir system. The system cuts power to the drone, alerts people on the ground with an audible alarm, and deploys a lightweight parachute, bringing the drone to the ground in a safe, controlled descent.
NBIX

Hot Stocks

08:35 EDT Neurocrine's Ingrezza shows improvement in tardive dyskinesia study - Neurocrine presented findings from a data analysis of KINECT-4 demonstrating a comparable pattern of improvement over time of clinician-rated tardive dyskinesia - TD - severity and awareness/distress and patient-reported TD impact. KINECT-4 is a Phase 3 study in which 163 participants with moderate to severe TD and underlying schizophrenia, schizoaffective disorder or mood disorder received 48 weeks of open-label treatment with once-daily Ingrezza followed by a four-week washout. The data was presented at the MDS International Congress of Parkinson's Disease and Movement Disorders in Copenhagen, Denmark. The data analysis evaluated the use of Ingrezza for the treatment of TD among all 167 patients with either schizophrenia or mood disorders enrolled over the course of the Phase 3, open-label, long-term study. On average, the analysis suggested that clinician-rated TD severity decreased with one-capsule, once-daily Ingrezza treatment over the course of the 48-week study. Researchers concluded that the use of AIMS and TDIS in evaluating symptom improvement during treatment may give a more complementary understanding regarding the patient's TD experience.
OMQS

Hot Stocks

08:35 EDT Omniq partners with TripShot to provide parking solution for tech company - OMNIQ has partnered with TripShot to provide a unique frictionless parking solution for a major US technology company. The collaboration with TripShot's TDM solution combined with omniQ's Machine Vision technologies including the Vehicle Recognition System takes innovative access control solutions and elevates the experience of commuters and campus parking management professionals.
GROM

Hot Stocks

08:35 EDT Grom Social Enterprises secures over $1.2M in new production assignments - Top Draw Animation, TDA, a division of Grom Social Enterprises, announced that it will begin work later this month on new assignments for a combined value of $1.259MM. The new projects add to the $2.2MM of value from remaining contracted assignments already in progress as of June 30, 2023. The values and assignments were confirmed today by Top Draw Animation's Executive Vice President, Jared Wolfson. "Top Draw Animation continues to deliver best-in-class animation production to audiences around the world," explains Wolfson. "The passion, creativity and commitment to excellence coming from the dedicated teams at our Manila-based headquarters continue to drive studio growth."
JUPW

Hot Stocks

08:34 EDT Jupiter Wellness appoints Jarrett Boon as COO - Jupiter Wellness announced the appointment of Jarrett Boon as the Company's COO. Boon was the Co-Founder and CEO of GBB Drink Lab. Jupiter recently announced that it had entered into a definitive agreement to acquire Safety Shot, and all related assets from GBB Drink Lab.
CETX

Hot Stocks

08:34 EDT Cemtrex receives $1.5M upgrade order for Vicon Valerus Systm - Cemtrex has received a $1.5 million order through its Vicon Industries subsidiary for a large correctional facility, and current end-customer, in Maryland to upgrade its security technology system with new Valerus software and hardware.
HOOD

Hot Stocks

08:33 EDT Robinhood Money Drills partners with Texas Christian University - Robinhood Markets is partnering with Texas Christian University to provide financial education coursework for the university's student-athletes through its signature Robinhood Money Drills program. Robinhood and TCU will launch the four-year partnership today during an on-campus event with University staff, alumni, and students. Robinhood will provide funding to support course sections of personal finance classes at the University, within the TCU Neeley School of Business and its dedicated Neeley NIL curriculum housed within Neeley's Institute for Entrepreneurship and Innovation. Funding will also support mentors, speakers, and educational hours to prepare student-athletes and other interested students for success in the ever-changing NIL market. As part of the program, Robinhood will also offer guest lecturers. The for-credit course will operate every semester and be available to all current students at TCU.
CLIR

Hot Stocks

08:32 EDT ClearSign awarded Phase 2 grant from Department of Energy - ClearSign Technologies announces that the company was awarded a Phase 2 government grant through the Small Business Innovative Research program with the Department of Energy. This project is being funded by a government grant through the SBIR program with the DOE to support scientific innovation in clean energy development and climate solutions. This second grant award follows the successful development and demonstration of a ClearSign Core Ultra Low NOx burner fueled with 100% hydrogen, which was funded by the Phase I grant amount of $250,000. This Phase 2 government grant award was for the maximum amount of $1.65M for a two-year duration, which the company intends to apply to the development of ultra-low NOx hydrogen burner technologies.
EL GOOG

Hot Stocks

08:31 EDT Estee Lauder partners with Google Cloud's AI for online consumer experience - Alphabet's (GOOG) Google Cloud and Estee Lauder (EL) announced an expansion of their strategic partnership to pioneer new uses of generative AI across ELC's brand sites. ELC and Google Cloud will collaboratively explore AI-powered solutions to better understand consumer sentiment, inform R&D efforts, and improve digital experiences.
OP

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08:29 EDT OceanPal becomes strategic partner in chemical tanker newbuildings - OceanPal agreed to become a strategic partner and invest in a Norwegian entity, RFSea Infrastructure II AS, that will construct, at Wuhu Shipyard, under two separate newbuilding contracts, two 6,600 dwt methanol-ready, stainless steel chemical tankers with expected deliveries during the fourth quarter of 2025 and the first quarter of 2026, respectively. The transaction remains subject to the satisfaction of customary closing conditions. The Company is partnering with a private London-based alternative investment and commercial management firm focusing on the maritime industry and other partners and investors. Fearnley Securities AS acted as the project arranger.
PLLWF

Hot Stocks

08:21 EDT Polarean Imaging announces CMS has established new reimbursement code - Polarean announces that the Centers for Medicare & Medicaid Services, CMS, has established a new reimbursement code for the Polarean XENOVIEW technology, effective October 1, 2023. The code enables healthcare providers a path to bill for "magnetic resonance imaging with inhaled hyperpolarized xenon-129 contrast agent, chest, including preparation and administration of agent". This was announced as part of the release of the October 2023 Healthcare Common Procedure Coding System code set. "We have been working diligently with CMS, our clinicians and hospital-based billing stakeholders over the past several months and view this as an important step towards enhancing accessibility to this innovative technology," said Christopher von Jako, Ph.D., CEO of Polarean. "We look forward to learning the payment details tied to the new code, in the coming weeks, as we continue to increase access to XENOVIEW MRI for patients suffering from ventilation-associated lung diseases."
FMST

Hot Stocks

08:21 EDT Foremost Lithium undertakes extensive exploration program - Foremost Lithium Resource & Technology has undertaken an extensive summer exploration program on its "Lithium Lane Properties", near the historic mining center of Snow Lake, Manitoba. Dahrouge Geological Consulting is conducting a large-scale surface exploration program on Foremost's four Lithium Lane properties for Lithium Cesium Tantalum pegmatites which includes: Targeted geochemical sampling and geological mapping; Prospecting and rock sampling over priority target areasl MMI-soil or till sampling of target areas lacking outcrop; Detailed geological mapping in highly prospective zones, and data captured using ESRI Field Maps. DGC has applied its established targeting methodology to Foremost's extensive geological database, integrating historical and recent exploration records to highlight high-priority targets. The program's focus includes properties that are either under-explored or have good potential for discovering additional LCT pegmatites. Jason Barnard, Foremost President, and CEO comments "Preliminary assessment on our Lithium Lane Properties provided from Dahrouge are encouraging for discovery of further LCT pegmatites. The properties are certainly not short on potential targets, and we look forward for results of this exploration program to help delineate drill targets on all our Lithium Lane Properties".
BBKCF

Hot Stocks

08:20 EDT Bigg Digital Assets' TerraZero to launch new subscription-based platform - BIGG Digital Assets announces their plans to release Intraverse PRO. This addition to the TerraZero portfolio sets the stage for unparalleled omni-channel connectivity, solidifying the company's commitment to delivering cutting-edge solutions for modern businesses, now with a significant focus on artists, creators and SMBs with Intraverse PRO. "We are thrilled to usher in a new era of immersive virtual experiences with Intraverse PRO," said Dan Reitzik, CEO of TerraZero. "This platform is not just about creating spaces but also about connecting with audiences on an entirely new level. It's about transforming virtual realms into hubs of creativity, e-commerce, and community, with no barrier to entry. Businesses, artists and the like need a way for their customers to simply tap a post on their phone, and jump right into new and exciting experiences."
SIX GOOG

Hot Stocks

08:18 EDT Six Flags launching virtual assistant powered by Google Cloud AI - Six Flags (SIX) is working with Alphabet's (GOOG) Google Cloud to enhance visitor experiences and optimize business operations. This collaboration will involve using Google Cloud's Vertex AI Conversation and other services to accelerate digital transformation at Six Flags, including the introduction of a virtual assistant powered by generative AI. Six Flags will also apply Google Cloud's capabilities in AI, analytics, and infrastructure for operations, personalization, and customer experiences across Six Flags' portfolio of parks. Six Flags' virtual assistant, powered by Google Cloud's Vertex AI Conversation, will be available later this year on the revamped Six Flags mobile app and park websites. On the app, the virtual assistant will guide visitors in planning their day at the park with personalized recommendations. On the website, it will answer customer queries, reducing the need for interaction with live agents.
CERT

Hot Stocks

08:18 EDT Certara Simcyp group awarded two new grants by U.S. FDA - Certara announced that the Simcyp group has been awarded two new grants from the U.S. Food and Drug Administration, FDA, to expand its predictive models for assessing drug virtual bioequivalence, VBE, and to create a formulation toolbox for topically applied drugs. These capabilities will help enable safer, faster and more cost-effective product development of both complex generics and novel drugs. "We are proud to collaborate with the FDA in developing innovative model-informed approaches for accelerating drug development of complex generic and innovator drugs," said Rob Aspbury, President of Certara, Scientific Software. "The Simcyp Simulator has already proved its ability to replace clinical studies in both VBE and dermal absorption. These new grants will further demonstrate the predictive performance and reliability of biosimulation for improving patient health."
NOGN

Hot Stocks

08:18 EDT Nogin's Intelligent Commerce technology chosen by Rumpl - Nogin announced that Rumpl, the category leader in technical blankets, has chosen Nogin's Intelligent Commerce technology and services to grow its direct-to-consumer business. Nogin's enterprise-class technology and deep ecommerce expertise will drive accelerated growth for Rumpl as it continues to redefine the category of blankets and technical comfort products. "We are thrilled to partner with Rumpl in their journey to elevate the outdoor experience for adventurers around the world," said Shahriyar Rahmati, COO and CFO at Nogin. "With Nogin's Intelligent Commerce technology and ecommerce expertise, we have the unique capabilities to drive Rumpl's D2C expansion, leveraging AI-driven strategies to enhance customer engagement and maximize growth. Together, we can cement Rumpl's position as a pioneering leader within the realm of technical blankets and outdoor products."
VCIG

Hot Stocks

08:16 EDT VCI Global engaged as Sutera Kental's IPO consultant - VCI Global announced that its wholly owned subsidiary, V Capital Consulting Limited, VCCL, has been appointed as Sutera Kental Sdn Bhd's initial public offering consultant. This is in conjunction with Sutera Kental's proposed listing on the NASDAQ stock market. Apart from the $2 million services fee, this IPO advisory mandate entails a success fee equivalent to 5% of Sutera Kental's fully-diluted shares on the enlarged market capitalisation basis. As the IPO consultant, VCCL's scope of work includes, amongst others: review and assist with the reorganisation with respect to Sutera Kental's capital structure; establish capital market strategies to maximise Sutera Kental's value in preparation of the listing exercise; prepare roadmap and relevant requirements for the listing exercise; advise and assist Sutera Kental during the listing process; and review and assist on the queries from U.S. Securities and Exchange Commission and NASDAQ. "We are undeniably humbled to be playing a major role in Sutera Kental's journey to be listed on NASDAQ by providing our expertise in financial related consultancy and advisory related services to ensure its successful listing," said Dato' Victor Hoo, Group Executive Chairman and Chief Executive Officer of VCI Global.
TDY

Hot Stocks

08:15 EDT Teledyne in $31M contract with Kongsberg Defence for C-UAS systems for Ukraine - Teledyne FLIR Defense, part of Teledyne Technologies has signed a contract with Kongsberg Defence & Aerospace, Norway, valued at roughly $31M to provide its Cerberus XL mobile counter-unmanned aerial system UAS as part of a total C-UAS solution for Ukraine. The agreement includes delivery of the surveillance platforms as well as software, spares, support and training. "Teledyne FLIR is proud to partner with Kongsberg in delivering our next-generation Cerberus XL as part of a complete and robust system to protect Ukraine's warfighters," said Dr. JihFen Lei, Executive VP of Teledyne FLIR Defense. Kongsberg recently signed an agreement with the International Fund for Ukraine to deliver counter-drone systems that will be donated to the war-torn nation. The IFU was established by the UK and international partners to identify and procure critical capabilities and deliver them quickly to Ukraine. Norway and the UK are among many nations that have contributed to the fund.
SAP GOOG

Hot Stocks

08:15 EDT SAP and Google Cloud expand partnership in AI-driven solutions - SAP (SAP) and Alphabet's (GOOG) Google Cloud expanded their partnership to combine their integrated open data cloud using SAP Datasphere with Vertex AI to launch new generative AI-powered industry solutions, starting with automotive, and introduce new capabilities to help customers improve sustainability performance. The new solutions build on a long-term, strategic partnership between SAP and Google Cloud. Google Cloud is a strategic partner for RISE with SAP and to-date counts many leading enterprise companies as joint customers. The open data cloud integrations between SAP and Google Cloud will begin with the automotive and sustainability spaces. SAP and Google Cloud will launch new solutions that use Google Cloud's generative AI models via Vertex AI and data from Catena-X, the open data ecosystem supported by SAP for the automotive industry. With this new solution, automotive customers can combine data sets from Catena-X with SAP software data to build and train generative AI models that optimize their work with automobile manufacturers, suppliers, and end-customers. SAP and Google Cloud customers can utilize Vertex AI together with SAP Datasphere to create generative AI solutions that accelerate companies' sustainability programs.
ONFO

Hot Stocks

08:15 EDT Onfolio launches 506(c) Series A Preferred Share Offering - Onfolio Holdings is offering up to 400,000 shares of its Series A Preferred Shares at $25 per share for an aggregate offering amount of $10 million. The shares will be offered to accredited investors only pursuant to Regulation D, Rule 506(c) under the Securities Act of 1933, as amended. Although general solicitation is permitted under Rule 506(c) offerings, purchasers must be accredited investors and meet certain Securities and Exchange Commission verification requirements for validation of their "accredited investor" status. The Company intends to use the net proceeds from this offering for acquisitions purposes and general corporate purposes.
OCEA

Hot Stocks

08:14 EDT Ocean Biomedical announces patent on anti-Chitinase 1 small molecule candidate - Ocean Biomedical announced that the United States Patent and Trademark Office has issued a patent covering Ocean's anti-Chitinase 1 small molecule candidate. Dr. Jack A. Elias, MD, one of Ocean's Scientific Co-founders, discovered this molecule to be a key factor in controlling and inhibiting fibrosis progression, with potential application in several major fibrotic diseases. Targeted diseases include alcoholic liver disease, idiopathic pulmonary fibrosis, scleroderma, nonalcoholic steatohepatitis, and Hermansky-Pudlak Syndrome. Ocean Biomedical is the exclusive licensee of this patent family. The patent is U.S. Patent No. 11,717,528 B2, titled "Methods and Compositions Relating to the Treatment of Fibrosis."
ICCC

Hot Stocks

08:12 EDT Immucell announces submission of CMC Technical Section to FDA - ImmuCell Corporation announced that it recently submitted the Chemistry, Manufacturing and Controls, CMC, Technical Section for Re-Tain to the FDA. On August 10, 2023, the Company issued a disclosure stating that it anticipated making this submission "shortly" after the filing of its Quarterly Report on Form 10-Q. The Company is now confirming that this objective was achieved. "For the benefit of clarity, we want to inform investors that this important step in the regulatory process was taken on August 18, 2023," commented Michael F. Brigham, President and CEO of ImmuCell. "This kind of submission is subject to a six-month review by the FDA, and we are excited about the opportunity ahead."
GM...

Hot Stocks

08:12 EDT General Motors, Google Cloud share new details on AI initiatives - General Motors (GM) and Google Cloud (GOOGL) shared new details on how the two companies collaborated to bring conversational AI technology into millions of GM vehicles, GM announced. "Since its launch in 2022, GM's OnStar Interactive Virtual Assistant (IVA), has been powered by advanced, intent-recognition algorithms that use Google Cloud's conversational AI technologies, providing OnStar Members with responses to common inquiries, as well as routing and navigation assistance. The successful deployment of Google Cloud's AI in GM's OnStar service has now opened the door to future generative AI deployments being jointly piloted by GM and Google Cloud," GM stated. Reference Link
ERAS

Hot Stocks

08:10 EDT Erasca doses first patient in SEACRAFT-1 Phase 1b trial - Erasca announced dosing of the first patient in the SEACRAFT-1 Phase 1b trial evaluating pan-RAF inhibitor naporafenib in combination with MEK inhibitor trametinib in patients with RAS Q61X solid tumors. "Naporafenib has been dosed in over 500 patients to date, establishing its safety, tolerability, and preliminary proof-of-concept in multiple indications," said Jonathan E. Lim, M.D., Erasca's chairman, CEO, and co-founder. "SEACRAFT-1 will explore the potential of naporafenib plus trametinib in patients with RAS Q61X solid tumors, which affects over 150,000 patients in the United States and Europe. This tissue agnostic approach is based on the encouraging anti-tumor activity generated by Novartis in patients with NRAS Q61X melanoma or KRAS Q61X non-small cell lung cancer. We look forward to sharing signal-seeking efficacy data in relevant tumor types from SEACRAFT-1 between the second and fourth quarters of 2024. In addition, we are on track to initiate SEACRAFT-2, a pivotal Phase 3 trial to evaluate naporafenib plus trametinib in patients with NRAS-mutant melanoma, in the first half of 2024."
ICU

Hot Stocks

08:10 EDT SeaStar Medical announces publication on treatments with SCD-PED - SeaStar Medical Holding announces the publication of a case series of three critically ill children with Shiga-toxin-associated hemolytic uremic syndrome, a severe cause of acute kidney injury, who were safely treated with SeaStar Medical's Selective Cytopheretic Device for children. All three children were in the ICU at two different hospitals and treated with continuous kidney replacement therapy. Each show gradual improvement following treatment with the SCD-PED and normalization or near normalization of kidney function at 60-day follow up. The article, "Hemolytic Uremic Syndrome-Induced Acute Kidney Injury Treated via Immunomodulation with the Selective Cytopheretic Device: Cases of STEC-HUS Treated with Immunomodulation via SCD CRRT Filter," was published in the peer-reviewed journal Blood Purification.
MSCI GOOG

Hot Stocks

08:10 EDT MSCI teams with Google Cloud to accelerate generative AI solutions - MSCI (MSCI) announced an expansion of its partnership with Google (GOOG) Cloud to accelerate the development of generative AI (gen AI) solutions for the investment industry. Powered by Google Cloud's gen AI platform Vertex AI and climate technology, including BigQuery Geospatial and Earth Engine, the solutions will help MSCI clients better manage portfolio risks and opportunities and make informed investment decisions. The partnership will focus on three key areas: Risk Signals: MSCI will combine its proprietary data and analytics with Google Cloud's gen AI solutions to provide an overview of portfolio and enterprise level risk designed to significantly reduce the time clients need to analyze and arrive at actionable insights. This solution will help portfolio and risk managers more easily synthesize and rapidly act on significant volumes of risk signals from their portfolios, while also fostering greater collaboration between risk and portfolio management teams to build more resilient portfolios.
AEON

Hot Stocks

08:09 EDT Aeon Biopharma presents results from Phase 2 study of ABP-450 - AEON Biopharma announced the presentation of positive results from its Phase 2 clinical study of ABP-450 for the treatment of cervical dystonia, CD, a chronic and debilitating neurologic condition affecting the muscles of the neck, at the International Parkinson and Movement Disorders Society Congress, IP-MDS, which is being held at the Bella Center in Copenhagen, Denmark, from August 27 - 31, 2023. The data was previously released by the Company in September 2022. The poster titled, "A Phase 2, Double-blinded, Placebo-controlled Trial to Evaluate the Efficacy and Safety of ABP-450 in Adults With Isolated Cervical Dystonia," was presented by Chad Oh, the Company's Chief Medical Officer. The poster reports on the full data from the Phase 2 study, which demonstrate that the two lower doses of ABP-450 led to statistically significant improvements in Toronto Western Spasmodic Torticollis rating scale total score from baseline to Week 4, while the higher dose showed numerical improvement over placebo. All doses of ABP-450 in the study demonstrated relatively sustained benefits, with the median duration of effect across all dosing arms of at least 20 weeks, patients' last visit. At Week 4, improvement in Clinical Global Impression of Change and Patient Global Impression of Change scores were statistically significant in all three doses of ABP-450 compared with placebo. ABP-450 was generally safe and well tolerated by patients with CD.
SAP

Hot Stocks

08:08 EDT SAP appoints Gina Vargiu-Breuer as new Chief People Officer - SAP has appointed Gina Vargiu-Breuer to the Executive Board of SAP as Chief People Officer and labor director, effective from February 1, 2024. She will succeed Sabine Bendiek, who will be leaving the company by her own request on December 31, 2023. Vargiu-Breuer joins from Siemens Energy, where she has been serving as the Global Head of HR since the separation from Siemens in late 2019. Prior to her time at Siemens Energy, Vargiu-Breuer worked at Siemens, where she held various operational and strategic HR roles, including positions in Asia, the United States and the United Arab Emirates. Vargiu-Breuer has been appointed to the Executive Board for a term of three years and will be based at the SAP headquarters in Walldorf, Germany. The role of Chief Operating Officer - previously also under Sabine Bendiek's responsibility - will be assumed by Chief Strategy Officer Sebastian Steinhaeuser starting January 1, 2024.
SUMXF

Hot Stocks

08:08 EDT Supremex announces normal course issuer bid - Supremex announced that it has received approval from the Toronto Stock Exchange to purchase by way of a normal course issuer bid, for cancellation, up to 1,294,058 of its common shares, representing approximately 5.0% of its 25,881,169 issued and outstanding common shares as of August 18, 2023. Purchases under the NCIB will be made through the facilities of the TSX and/or alternative trading systems in Canada, if eligible, in accordance with applicable securities laws and regulations, over a maximum period of 12 months beginning on August 31, 2023 and ending on August 30, 2024. The price to be paid by Supremex for any common share will be the market price at the time of acquisition. All common shares purchased pursuant to the NCIB will be cancelled. The average daily trading volume of Supremex' common shares over the six completed calendar months prior to the date hereof, as calculated in accordance with TSX rules, is 39,228 common shares. Accordingly, under TSX rules, Supremex is entitled to purchase, on any trading day, up to 9,807 common shares, representing 25% of such average daily trading volume. In connection with the NCIB, the Company entered into an automatic share purchase plan. Under the automatic share purchase plan, the Company's broker may repurchase common shares which it would ordinarily not be permitted to due to regulatory restrictions or self-imposed blackout periods. Purchases will be made by the Company's broker based upon the parameters prescribed by the TSX and applicable Canadian securities laws and the terms of the parties' written agreement. The automatic share purchase plan has been pre-cleared by the TSX and will be implemented effective as of August 31, 2023. Supremex believes that, from time to time, the purchase of its common shares under the NCIB is an appropriate and desirable use of available cash to increase shareholder value. From August 31, 2022 to August 18, 2023, Supremex repurchased 131,700 of its outstanding common shares through the facilities of the TSX and/or alternative trading systems in Canada under a normal course issuer bid, at a weighted average price per share of $4.9346. The TSX had approved the purchase of 1,301,713 common shares under a normal course issuer bid over that period.
AXLA

Hot Stocks

08:07 EDT Axcella Health granted patent for Long COVID Fatigue treatment - Axcella Therapeutics announced that the U.S. Patent and Trademark Office USPTO has granted U.S. Patent No. 11,737,999 with claims covering methods of use of Candidate AXA1125, for treating a subject having post-acute sequelae of COVID-19 , a/k/a Long COVID, particularly fatigue. The patent was issued on August 29, 2023, with anticipated expiration in 2042. "Today's issuance expands our global patent portfolio and Axcella's protection of its lead candidate, AXA1125," said Paul F. Fehlner, J.D., Ph.D., Senior Vice President, Chief Legal Officer of Axcella. "These patents and our entire portfolio are fully owned by Axcella." AXA1125 is a novel composition of EMMs designed to simultaneously support metabolic, inflammatory and fibrotic pathways associated with fatigue. Axcella was previously granted patents related to AXA1125 with claims covering methods of use and compositions. In particular, Patents Nos. 10,201,513, 10,471,034, 11,129,804, and 11,602,511 cover the AXA1125 compositions, including pharmaceuticals and nutritional supplements. These previously granted patents have an anticipated expiration date in 2037. "In addition to further strengthening Axcella's global intellectual property position regarding its proprietary composition of amino acids in AXA1125, today's patent issuance further validates AXA1125's formulation and its tie to treating PASC or Long COVID, explicitly symptoms of fatigue," said Bill Hinshaw, President and Chief Executive Officer of Axcella. "We are pleased to have this additional designation as we pursue options to bring our investigational product forward for the benefit of the millions of people who continue to suffer from Long COVID Fatigue. The understanding of the disease continues to advance and show the importance of mitochondrial function and how a mitochondrial activator like AXA1125 has the potential to impact the issues these patients face."
ARQT

Hot Stocks

08:07 EDT Arcutis Biotherapeutics launches first TV ad for ZORYVE Cream, 0.3% - Arcutis Biotherapeutics announced the launch of The Cream That Can, the first commercial direct-to-consumer ad for ZORYVE cream 0.3% for the treatment of plaque psoriasis, including intertriginous psoriasis in adults and adolescents. The Cream That Can campaign invites individuals with psoriasis to reimagine a steroid-free cream for their psoriasis.
DNA...

Hot Stocks

08:05 EDT Ginkgo Bioworks, Google Cloud announce five-year AI partnership - Ginkgo Bioworks (DNA) and Google Cloud (GOOG, GOOGL) announced a five-year strategic cloud and AI partnership, intended to enable Ginkgo to develop and deploy AI tools for biology and biosecurity. Under the strategic partnership, Ginkgo will work to develop new, state-of-the-art large language models running on Google Cloud's Vertex AI platform across genomics, protein function, and synthetic biology, helping Ginkgo's customers accelerate innovation and discovery in fields as diverse as drug discovery, agriculture, industrial manufacturing, and biosecurity. Ginkgo intends to make Google Cloud its primary cloud services provider, significantly increasing its next-generation cloud computing resources, positioning Ginkgo and its customers well as the need for cloud computing expands. In addition, Google Cloud will provide funding to help Ginkgo achieve certain milestones over the next three years. The commitment underscores Google Cloud's support in advancing foundation models in the life sciences sector and selection of Ginkgo as its key partner in the development of this ecosystem.
GOEV GOOG

Hot Stocks

08:05 EDT Canoo selects Google Cloud technologies to maximize data - Canoo (GOEV) has selected Alphabet's (GOOG) Google Cloud as its primary cloud service provider. Canoo will deploy a range of Google Cloud's AI, data management, and security technologies to maximize the value of the data coming from its electric vehicles as the company prepares to start mass manufacturing. Canoo has also selected Onix as an implementation partner to help optimize Canoo's manufacturing processes, enhance existing features, and empower development of new capabilities for its proprietary platform.Canoo will use Google Cloud's AI capabilities to surface trend data in vehicle fleets, providing fleet managers with information like whether vehicles need specific repairs, when route changes are happening due to road closures, or where efficiencies to driver schedules can be made.
F

Hot Stocks

08:05 EDT Ford expands charging solutions for commercial customers - Ford Pro, the commercial division within Ford, revealed new charging hardware added to its suite of end-to-end solutions to help make it easier for commercial customers to transition their fleets to electric. The new Series 2 AC Charging Station 80 amp and expanded DC Fast Charger options are designed for commercial vehicle use and packed with new features. Coupled with Ford Pro's charging management software, the company provides a fully integrated solution that simplifies EV charging for both Ford and non-Ford electric vehicles.
ENPH

Hot Stocks

08:05 EDT Enphase Energy begins microinverter shipments with Salcomp - Enphase Energy announced initial shipments of Enphase IQ Microinverters produced in Arlington, Texas by global contract manufacturer Salcomp, marking the use of a third contract manufacturer in the United States. The Inflation Reduction Act (IRA) has enabled Enphase Energy to manufacture in the United States, creating new jobs and advancing the country's clean energy economy.
GSAT

Hot Stocks

08:04 EDT Globalstar CEO David Kagan retires, Paul Jacobs succeeds - Globalstar (GSAT) announced that Paul Jacobs, founder and CEO of XCOM Labs, has been appointed CEO of Globalstar, effective immediately. Jacobs has also been appointed to Globalstar's board of directors. He succeeds David Kagan, who will retire as Globalstar's CEO. In conjunction with Jacobs' appointment, Globalstar has also entered into a strategic perpetual licensing agreement for exclusive access to certain key XCOM technologies and personnel. The license covers a number of XCOM's novel technologies for wireless spectrum innovations, including XCOMP, XCOM's commercially available coordinated multipoint radio system. XCOMP delivers substantial capacity gains and other benefits in dense, complex, challenging wireless environments in sub 7 GHz spectrum. Globalstar also gains exclusive access to XCOM's peer-to-peer connectivity technologies that could have applications across cellular and satellite devices.
INFN

Hot Stocks

08:04 EDT IONOS deploys Infinera's GX Compact Modular Platform - Infinera announced that IONOS deployed Infinera's GX Series Compact Modular Platform to expand its network and interconnect data centers across Europe with reliable, high-capacity, high-performance connectivity services.
ICUI

Hot Stocks

08:03 EDT ICU Medical granted FDA Clearance for Plum Duo pump with LifeShield software - ICU Medical has received 510(k) regulatory clearance from the FDA for the Plum Duo infusion pump with LifeShield infusion safety software. The Plum Duo pump and LifeShield software will be available to customers in the U.S. in early 2024. The Plum Duo pump features a color touch screen with two channels capable of delivering up to four compatible IV medications. LifeShield infusion safety software is a unified cloud-based software suite that provides new tools for drug library management.
PKBO

Hot Stocks

08:03 EDT Peak Bio announces application to uplist to OTCQB Venture Market - Peak Bio has begun the application process for moving off the OTC Pink Sheets and uplisting to the OTCQB Venture Marketplace. The application process will not guarantee acceptance of the Company's submission by OTCMARKETS from the PINKS to OTCQB.
WMPN

Hot Stocks

07:58 EDT William Penn board authorizes stock repurchase program up to 10% of stock - William Penn Bancorporation announced that the Company's Board of Directors has authorized a new stock repurchase program to acquire up to 1,138,470 shares, or approximately 10.0%, of the Company's currently issued and outstanding common stock. The new stock repurchase program was authorized following the completion of the Company's previously announced stock repurchase program on August 28, 2023. The new stock repurchase program was adopted following the Company's consultation with the Federal Reserve Bank of Philadelphia.
CLMB

Hot Stocks

07:51 EDT Climb Channel Solutions, Datadobi partner for StorageMAP service - Climb Channel Solutions announced that its partner, Datadobi, has launched the StorageMAP File System Assessment Service. Leveraging the advanced capabilities of StorageMAP, this service equips channel partners with the tools to offer clients a comprehensive grasp of their dynamic unstructured data environment. This empowers businesses to make informed decisions on data management, strategically allocate resources, and effectively address challenges to meet their business objectives.
BMY...

Hot Stocks

07:51 EDT Biden unveils first 10 drugs subject to Medicare price negotiation - The Biden administration announced the first 10 prescription drugs that will be subject to price negotiations between manufacturers and Medicare as part of the Inflation Reduction Act. The drugs subject to the initial talks this year are Eliquis, made by Bristol-Myers Squibb (BMY), Jardiance, made by Eli Lilly (LLY), Xarelto, made by Johnson & Johnson (JNJ), Januvia, made by Merck (MRK), Farxiga, made by AstraZeneca (AZN), Entresto, made by Novartis (NVS), Enbrel, made by Amgen (AMGN), Imbruvica, made by AbbVie (ABBV), Stelara, made by Johnson & Johnson, and Fiasp and NovoLog insulins made by Novo Nordisk (NVO).
DPRO

Hot Stocks

07:46 EDT Draganfly says Promo Drone reports initial orders for Starling X.2 - Draganfly announced that Promo Drone is receiving initial orders for the Starling X.2, the rapid-response messaging and aerial advertising platform developed in collaboration between Promo Drone and Draganfly. The Starling X.2 incorporates Draganfly's versatile, and easy-to-assemble Commander 3 XL airframe with Promo Drone's video display technology featuring ultra-bright LED display panels to communicate and promote important information in various sectors, including public safety, emergency response, outdoor events, advertising, marketing, and fan-centric experiences.
ARWYF

Hot Stocks

07:41 EDT ARway.ai CEO Evan Gappelberg buys 18K shares of company - ARway.ai announces that the CEO Evan Gappelberg has purchased 18,000 shares in open market buys on August 24th & 25th with an avg purchase price of $0.45 or C$0 .61. Evan Gappelberg CEO of ARway Comments "It's clear to me that our technology is very valuable and being well received by our customers which include mall operators, rental car companies, museums, stadiums, hospitals and developers. It's also clear to me that our share price is very low and not reflective of the upside potential that I see with our augmented reality platform." He continues "We are only just entering the first inning of a nine inning game. I believe that we have the technology and team to be a leader in the indoor positioning and navigation market which is estimated to be worth $5.9 billion today growing at a CAGR of 42.6% and is expected to reach $102billion by the end of this decade, according to Maximizer market Research. That's why I'm buying stock and adding to my position here."
FMCC

Hot Stocks

07:40 EDT Freddie Mac announces $628M NPL sale - Freddie Mac announced an approximate $628 million non-performing loan sale, via an auction of seasoned non-performing residential first lien loans held in Freddie Mac's mortgage-related investments portfolio. The NPLs are currently serviced by Specialized Loan Servicing LLC, Select Portfolio Servicing, Inc., NewRez LLC, d/b/a Shellpoint Mortgage Servicing or Nationstar Mortgage LLC d/b/a RightPath Servicing. The NPLs are being marketed via four pools: two Standard Pool Offerings and two Extended Timeline Pool Offerings, which target participation by smaller investors, including non-profits and Minority, Women, Disabled, LGBTQ+, Veteran or Service-Disabled Veteran-Owned Businesses. Bids are due from qualified bidders by September 21, 2023 for the SPO pools, and October 19, 2023 for the EXPO pools.
DPMLF

Hot Stocks

07:39 EDT Dundee receives court decision on permitting process for Loma Larga - Dundee Precious Metals announced that a decision on the appeal of the Constitutional Protective Action filed against the Ministry of Environment, Water and Ecological Transition was delivered by the Provincial Court of Azuay in Ecuador. Based on the Company's preliminary analysis, the decision reaffirmed DPM's mining concessions for the Loma Larga project, and clarified that free, prior and informed consultation of certain local indigenous populations must be carried out by the state, which the Company had already planned as part of its development of the project. The decision also held that environmental consultation with communities in the project's area of influence and certain additional reports on the impact of the project on water resources and the Quimsacocha National Recreation Area would need to be provided by the MAATE to the Court prior to advancing the project to the exploitation phase. "As we assess the court's decision, we remain committed to the highest applicable standards for environmental protection and stakeholder engagement in-line with International Finance Corporation standards," said David Rae, President and Chief Executive Officer. "DPM will be engaging with the government to outline the next steps for the consultation activities and, based on the extensive environmental work completed to date, we will work with MAATE to provide any additional detail as quickly as possible. We will continue to take a disciplined approach to future investment and advancement of the Loma Larga project based on the receipt of key milestones and the overall operating environment in country."
KITT EQNR

Hot Stocks

07:38 EDT Nauticus Robotics to provide AUV/UID leak detection tech testing for Equinor - Nauticus Robotics (KITT) announced that Equinor ASA (EQNR) has engaged Nauticus and its local business partner, Stinger Technology, for the deployment of the Company's proprietary leak detection technology service. The pilot project addresses the need for improved leak detection technologies, with the objective of demonstrating and qualifying Nauticus leak detection technology from autonomous robots in Equinor. The project will strengthen the wide range of applications for autonomous subsea robots. The pilot aims to validate the Company's technology and provides Nauticus with the opportunity to qualify for future contracts with Equinor. "The project for Equinor highlights the versatility of our fleet offering and the increasing need for technologies like ours to address the many challenges for subsea operations in Norway and around the globe," said Nicolaus Radford, CEO of Nauticus. "This milestone is yet another example of how we are at the forefront of this technical revolution and are changing how work is done in our precious oceans."
RCAT

Hot Stocks

07:37 EDT Red Cat announces Senator Mitt Romeny visited Teal Drones headquarters - Red Cat announces that Utah Sen. Mitt Romney recently toured the Salt Lake City headquarters of Red Cat subsidiary Teal Drones. The visit, which took place on Aug. 22, was designed to educate Sen. Romney on Teal's operations, specifically its factory that was purpose-built to meet the growing demand for U.S.-made drones. Sen. Romney is a co-sponsor of the American Security Drone Act of 2023, which aims to strengthen U.S. drone manufacturing for national security purposes by prohibiting federal agencies from purchasing drones made by Chinese government-linked companies. "We're grateful for Sen. Romney's interest in our company and his ongoing support for the U.S. drone industry," said George Matus, Teal founder and CEO. "The American Security Drone Act, if passed, will lead to further investment in American UAS, accelerating our domestic industry's ability to close the gap with China and build a strategic deterrence to future conflict."
REE

Hot Stocks

07:37 EDT Ree Automotive sees 2025 capital needs at an additional $50M - REE ended fiscal Q2 2023 as planned with liquidity of $105 million with no debt. As part of REE's efforts to secure 2024 capital needs in advance, after the end of the quarter, REE established a $35 million ATM program and secured a bank facility of $15 million. REE's 2025 capital needs are estimated at an additional $50 million in order to ramp up production.
MGA

Hot Stocks

07:36 EDT Magna commits to achieve net-zero by 2050 - Magna is taking a significant step forward in its commitment to sustainability and environmental stewardship by submitting net-zero emissions targets for validation by the Science Based Targets initiative, the widely-accepted benchmark for decarbonization targets in line with the Paris Climate Agreement. The company's goal is to achieve net-zero emissions status by 2050, and meet its near-term Scope 1, 2 and 3 targets by 2030. "Magna has focused on creating a better world of mobility, and the company's pursuit of net-zero emissions reflects this commitment," said Magna CEO Swamy Kotagiri. "To reach this ambitious target, we are addressing not only the emissions we produce within our own facilities but also those of our entire supply chain, while supporting the industry move to low-carbon mobility technology. By embracing sustainable practices, shifting to renewable energy sources, making our manufacturing processes more efficient and partnering with our customers in the transition to electric vehicles, we want to make a positive impact on the planet and future generations." Magna's pursuit of net-zero emissions will involve several interim steps, including transitioning to 100% renewable electricity use in the company's European operations by 2025 and globally by 2030. Magna's net-zero strategy includes a near-term commitment to reduce approximately 42% of the company's scope 1 and 2 emissions, and approximately 25% of its scope 3 emissions, each by 2030.
REE

Hot Stocks

07:35 EDT Ree Automotive targeting $1B in cumulative sales in 2024-2026 - REE is targeting $1 billion in cumulative sales in 2024-2026 based on execution of the P7 production roadmap. The plan is expected to reach production of up to 300 vehicles in 2024, targets ramping up to low-thousands of vehicles in 2025 and to mid-thousands of vehicles in 2026 without the need for heavy CAPEX investment, through the use of a US contract manufacturer for complete vehicle and platform assembly.
FCN

Hot Stocks

07:35 EDT FTI Consulting partners with Agiloft - FTI Consulting announced that the firm's Technology segment has entered into a partnership with Agiloft, a global no-code contract lifecycle management solution provider. FTI Technology's Corporate Legal Operations practice will work strategically with Agiloft to help clients improve return on investment and accelerate adoption for their CLM implementations. Wafik Guirgis, a Senior Managing Director and global Co-Leader of FTI Technology's Corporate Legal Operations practice, said "Selection, preparation and implementation require tremendous investment of time, people and other resources, as well as nuanced change management. To quickly achieve results from a CLM solution investment, organizations need a clear understanding of contracting operations and a solution partner that has demonstrable success in reliably addressing challenges. By partnering with leading solution providers like Agiloft, we can better assist our clients in obtaining their transformation goals, like speed-to-market and other critical commercial efficiency objectives."
IREN NVDA

Hot Stocks

07:33 EDT Iris Energy purchases NVIDIA H100 GPUs to target generative AI - Iris Energy (IREN) announced the purchase of NVIDIA's (NVDA) latest-generation artificial intelligence H100 GPUs. Key Highlights: Company's next-generation data centers to now target the generative AI market; Initial purchase of 248 NVIDIA H100 GPUs for ~US$10 million; Core business remains Bitcoin mining. Bitcoin mining continues to be an attractive business for the Company. Potential expansion into adjacent computing markets, including generative AI, is enabled through: Next-generation data centers designed, tested and proven for power dense computing; Proprietary, high-efficiency cooling systems; 100% renewable energy; 760MW of available power capacity. The initial purchase of 248 NVIDIA H100 GPUs for ~US$10 million1 is expected to be delivered in the coming months.
ETR

Hot Stocks

07:33 EDT Entergy subsidiary receives favorable FERC ruling in refund dispute - Entergy subsidiary System Energy Resources, or SERI, announced that the Federal Energy Regulatory Commission resolved a long-standing litigation matter related to uncertain tax positions taken by SERI, by denying a request for SERI to pay additional refunds to customers. The FERC ruling also ordered SERI to recalculate the value of overpayments on sale-leaseback refunds previously made to customers. SERI is an Entergy subsidiary that is the majority owner of the Grand Gulf Nuclear Station in Port Gibson, Miss. Ultimately, the IRS allowed over $100M of the tax positions taken and the subsequent credits were passed on directly to customers. FERC's order does not require any further refunds or credits beyond those previously paid. Entergy Mississippi reached a settlement agreement with the Mississippi Public Service Commission in summer 2022 on a number of pending SERI cases being litigated, including the case resolved today by the FERC. That agreement provided $300M in credits directly to Entergy Mississippi customers.
TIO

Hot Stocks

07:31 EDT Tingo Group receives Nasdaq notification related to delayed quarterly report - Tingo Group announced that on August 22, 2023, it received written notice from The Nasdaq Stock Market indicating that, as a result of not having timely filed its Quarterly Report on Form 10-Q for the period ended June 30, 2023, the Company is not in compliance with Nasdaq Listing Rule 5250(c)(1), which requires timely filing of all required periodic financial reports with the Securities and Exchange Commission. The Company is working diligently to finalize and file its late periodic financial reports as soon as possible within the timeline prescribed by Nasdaq.
CTLT

Hot Stocks

07:24 EDT Catalent establishes committee to conduct review, enters pact with Elliot - Catalent announced several initiatives. The Nominating and Corporate Governance Committee of the board has recommended, and the board has approved, the appointment of four new independent directors: Steven Barg, Frank D'Amelio, Stephanie Okey, and Michelle Ryan. With these appointments, Catalent's board of directors will consist of 16 directors, 13 of whom are independent under the company's director independence standards. It is expected that the 12 nominees recommended by the board in the company's proxy statement and on its proxy card to stand for election at the 2023 Annual Meeting of Stockholders will include the four new directors and eight other nominees, who are current directors, to be selected by the board. In addition, John Greisch has been appointed executive chair of the board and will also chair the new Strategic and Operational Review Committee, as discussed further below. Catalent's board has also established a new Strategic and Operational Review Committee to conduct a review of the company's business, strategy and operations, as well as the Company's capital-allocation priorities, in order to maximize the long-term value of the company. The Strategic and Operational Review Committee will be chaired by Greisch and will include Barg, Ryan, Gregory Lucier and Jack Stahl. The committee will make its recommendations to the full board. In connection with these initiatives, Catalent has entered into a cooperation agreement with Elliott Investment Management L.P., one of Catalent's largest investors, under which Elliott has agreed to customary standstill, voting, confidentiality, and other provisions.
FNV

Hot Stocks

07:22 EDT Red Pine enters royalty agreement with Franco-Nevada - Red Pine Exploration entered into a net smelter return royalty agreement with Franco-Nevada Corporation for the purchase and sale of a 1.5% net smelter return royalty on its Wawa Gold Project located in Ontario for immediate cash proceeds to the Company of C$6,750,000. Proceeds from the sale of the Royalty will be used for continued exploration and advancement of Wawa, and ongoing working capital. Pursuant to the Royalty Agreement, Franco-Nevada has been granted a one time option, exercisable within 30 business days of Red Pine providing notice to Franco-Nevada confirming both a board-approved construction decision at Wawa, and completion of a feasibility study at Wawa, to purchase an additional 0.5% net smelter return royalty at a cost of 1.0x the net present value of the Additional Royalty, which is to be calculated based on the value of the mineral reserves within the Wawa feasibility study, after applying a 5% discount rate, and utilizing the then-prevailing analyst consensus commodity price forecasts.
CTLT

Hot Stocks

07:20 EDT Catalent adding four new independent directors as part of pact with Elliott
CTLT

Hot Stocks

07:19 EDT Catalent confirms cooperation agreement with Elliott Investment Management
CTLT

Hot Stocks

07:19 EDT Catalent established board committee to review business, strategy and operations
AOTVF

Hot Stocks

07:15 EDT Ascot announces results from 2023 geophysics program at its Gold Project - Ascot Resources announces results from the 2023 induced polarization geophysics program at the Company's Premier Gold Project, located on Nisga'a Nation Treaty Lands in the prolific Golden Triangle of northwestern British Columbia. These results are from 28 IP lines totaling 29 line-kilometers across three grids - one grid near the Premier mill targeting the western extension of the Sebakwe Zone, one grid targeting the northern extension of the Day Zone at the Big Missouri deposit, and one grid testing the strike and depth extent of the Dilworth deposit. The IP program was conducted between late June and early August.
CRGE

Hot Stocks

07:15 EDT Charge Enterprises announces CEO Andrew Fox resigns, Craig Denson named interim - Charge Enterprises announced that the Board of Directors of the Company has appointed Craig Denson, Charge's current Chief Operating and Compliance Officer, as Interim Chief Executive Officer, effective August 31. This appointment follows Andrew Fox's decision, made with the Board's agreement, to resign from his role as CEO and Chairman of the Board. In conjunction with this strategic decision, Amy Hanson, current Chair of the Audit Committee and Lead Independent Director, will assume the responsibilities of Chairperson. Mr. Fox will continue to serve as a director on the Board and will also serve as a strategic advisor to the Board, drawing upon his history with the Company and experience in the industry. "On behalf of the entire Board, we extend our gratitude to Mr. Fox for his pivotal role in setting the groundwork that forms the foundation of our Company. We look forward to continuing to benefit from his entrepreneurial vision and passion in the electric vehicle charging infrastructure space," said Amy Hanson. "Leading Charge Enterprises has been a privilege, and I am proud of everything we have built. The Company's forward momentum is paramount to me, and I believe Craig, given his operational and public company management experience, is exactly the type of executive to lead Charge during this interim period as we look to capitalize on the tremendous opportunities that lie ahead," said Andrew Fox.
REE

Hot Stocks

07:14 EDT Ree confirms FMVSS certification feasibility of its X-by-wire systems - REE Automotive announced a major milestone in the REE's plan to certify and bring to market a steer-by-wire, brake-by-wire and drive-by-wire commercial truck. REE contracted HORIBA-MIRA modeling certain Federal Motor Vehicle Safety Standards, FMVSS, certification requirements upon which REE has determined the feasibility of P7 to meet the requirements of certification. REE plans to fully certify its P7-C and P7-S products by the end of 2023, including FMVSS, CARB and EPA certification, aligning with planned vehicle deliveries to dealers and eligibility for government incentives. "FMVSS certification of our core by-wire system is feasible based on the tests we have conducted in the past several months," said Ahishay Sardes, co-founder and CTO of REE. "This milestone is important as we set out to be the first to certify a fully by-wire system. Now that we have confirmed feasibility, the most novel step of this process is behind us, and we are confident that our P7 will pass the design-agnostic and performance-based FMVSS certification process."
OMGA

Hot Stocks

07:12 EDT Omega Therapeutics announces updates to its board of directors - Omega Therapeutics announced that Chris Schade has been appointed as Chairman of the Board, succeeding Noubar Afeyan, Ph.D. In addition, Michelle Werner will join Omega's Board to support the Company's growth.Werner currently serves as the CEO of Alltrna and CEO-Partner at Flagship Pioneering.
LGO

Hot Stocks

07:12 EDT Largo Inc. initiates review of strategic alternatives for Largo Clean Energy - Largo Inc. announced that its board of directors has initiated a review and evaluation of strategic alternatives with the intent to unlock and fully maximize the value of Largo Clean Energy Corp. The review and evaluation process will include consideration of a full range of strategic, business, and financial alternatives, including, but not limited to, evaluating and completing financing transactions at the LCE subsidiary level, mergers and acquisitions of LCE with other battery companies and partnership opportunities with well-established energy system producers who are interested in entering the vanadium battery sector with the elements that Largo offers to this industry.
LASE

Hot Stocks

07:11 EDT Laser Photonics: Canadian fabrication company orders MarkStar Pro - Laser Photonics announced it received an order from a Canada-based fabrication company for its MarkStar Pro LPC-MS-PRO. "Our MarkStar Pro laser marking system provided the perfect solution to this company's unique challenge," commented Wayne Tupuola, CEO of Laser Photonics. "The company was in search of an effective method of marking cylinder-shaped products, and our MarkStar system blew expectations out of the water when paired with our pipe adapter." A large machining and fabrication company based in Canada has adopted the MarkStar Pro to dependably and effectively mark parts to streamline their operations. The company turned to Laser Photonics as a trusted supplier of laser marking technology due to their cutting-edge products being able to reliably mark curved surfaces while remaining cost-effective and time-efficient. This system excels at making permanent, durable, and high-contrast marks on a variety of surfaces and materials.
OKYO

Hot Stocks

07:10 EDT OKYO Pharma regains compliance with Nasdaq listing minimum market value rule - OKYO Pharma announced that it received notification from the Listing Qualifications Department of the Nasdaq Stock Market notifying OKYO that it has regained compliance with the minimum $35 million market value requirement for continued inclusion on the Nasdaq Capital Market pursuant to Nasdaq Listing Rule 5550(b)(2).
MQ

Hot Stocks

07:10 EDT Marqeta appoints Heather Gantt-Evans as chief information security officer - Marqeta announced the appointment of Heather Gantt-Evans as its chief information security officer, or CISO. Gantt-Evans is a previous security and risk management leader at SailPoint and will be responsible for overseeing Marqeta's global corporate and product security strategies.
STHZF

Hot Stocks

07:09 EDT StateHouse launches Intercanopy Lighting Validation Group study - StateHouse Holdings announced the launch of the Intercanopy Lighting Validation Group study. Initiated by Statehouse and conducted in partnership with the Cannabis Research Coalition, and a group of anonymous global growers, the study will determine the impact of Flower Direct Cannabis Cultivation lighting principles through the application of Grow Light Design fixtures. GLD systems are patented, two-level fixtures that create a cube of light surrounding the crop that can be rotated or tilted to maximize efficiency and photon capture. As crops grow, cultivators can adjust the placement and direction of the light to channel it directly on the crop's flowers. This ICLVG will each examine the application of the same daily light integral, a measure of total photosynthetically active radiation "light" plants receive during a 24 hour day, using top lighting alone and top lighting combined with GLD's system. The study will determine each lighting system's impact on cannabis crop biomass yield, biomass category ratio and finished flower quality with results expected in late Q3 2023. During the study of FDC2 lighting principles, StateHouse will share insights into additional principles of Flower Direct Cannabis Cultivation including the importance and impact of airflow, supplemental CO2, water use efficiency and the homogenization of the growing environment in general.
TCRX

Hot Stocks

07:09 EDT TScan announces FDA clearance of IND application for TSC-203-A0201 - TScan Therapeutics announced that the U.S. Food and Drug Administration, FDA, has cleared its investigational new drug, IND, application for TSC-203-A0201, a TCR-T targeting PReferentially expressed Antigen in Melanoma, PRAME. In addition to being expressed in ~90% of melanomas, PRAME is also frequently expressed in various other solid tumors, including ~90% of head & neck cancers and ~50% of non-small cell lung cancers. TSC-203-A0201 is specific for patients with HLA type A*02:01, which represents over 40% of people in the U.S. TSC-203-A0201 is the fourth TCR-T cleared for clinical development in the Company's solid tumor program, following TSC-200-A0201, TSC-204-A0201, and TSC-204-C0702, which target human papillomavirus 16 presented on HLA type A*02:01, and MAGE-A1 presented on HLA types A*02:01 and C*07:02, respectively. All four TCR-T cell products are designed to be used in combination with each other and are being developed under a single master clinical trial protocol. "TScan continues to make great progress towards our vision of delivering enhanced, multiplexed TCR-Ts to a broad patient population," said Gavin MacBeath, Ph.D., Chief Executive Officer. "The IND clearance of TSC-203-A0201, the fourth TCR-T cell product cleared for our T-Plex solid tumor program, highlights the strength of our discovery platform and the potential of cell therapy to treat patients with a wide variety of solid tumors. PRAME is a particularly important target, as it is very frequently expressed in solid tumors and recent clinical trials targeting PRAME have shown promising results. In parallel, we are increasing our discovery efforts to further expand the number of therapeutic TCRs suitable for clinical development, and we anticipate additional IND filings for our solid tumor program this year and next."
GWAV

Hot Stocks

07:08 EDT Greenwave Technology's copper extraction system to begin operations in September - Greenwave Technology's Orbcon PTV balling mill is expected to commence operations in September 2023. The balling mill is expected to significantly increase the copper recovery yields in the downstream processing of Greenwave's automotive shred residue, adding to revenues and gross margins. In July 2023, Greenwave commenced operation of a downstream processing system at its Kelford, NC facility. The Orbcon PTV balling mill is the final component of the downstream processing system, focused on extracting copper from the shred residue, and is expected to result in the downstream processing system generating more than $1M per month in revenue by the end of 2023, with profit margins in excess of 80%. The company has completed the installation of its second automotive shredder at its Carrollton facility to process cars, household appliances, and industrial products. The shredder is expected to commence operation as soon as the electrical infrastructure is completed this quarter, and will double the company's ferrous metal processing capacity. By selling its ferrous metal as shredded, rather than unshredded, Greenwave generates approximately 33% more revenue with profit margins in excess of 60%.
NYAX

Hot Stocks

07:08 EDT Nayax enters strategic partnership with Giift for loyalty solution - Nayax nnounced a strategic partnership with Giift. This collaboration introduces the open-loop Loyalty to Payment solution, powered via CoinBridge by Nayax's patented technology. This pioneering solution allows for seamless conversion of any loyalty asset, such as points, rewards, miles, vouchers, and gift-cards, into transactions, at any shop or merchant anywhere in the world, without the need for any merchant integrations or cross-brand partnerships.
LYRA

Hot Stocks

07:07 EDT Lyra Therapeutics enrolls Phase 3 ENLIGHTEN I trial of LYR-210 - Lyra Therapeutics announced that the pivotal Phase 3 ENLIGHTEN I clinical trial of LYR-210 in adult patients with CRS who have not had prior ethmoid sinus surgery, is fully enrolled. Topline results from ENLIGHTEN I are expected in the first half of 2024 as planned. "We are pleased to have fully enrolled the first of our two pivotal trials of LYR-210 in CRS patients," said Richard Nieman, MD, Chief Medical Officer of Lyra Therapeutics. "Our clinical team is now focusing all of its recruitment efforts on the second of our two pivotal trials, ENLIGHTEN II, for which we expect to complete enrollment in the second half of 2024," Dr. Nieman continued. "We thank the participants and the investigators in the ENLIGHTEN studies as we advance our technology that could potentially benefit millions of patients with CRS."
XRTX

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07:06 EDT Xortx Therapeutics submits ODD application to EMA for treating APKD - XORTX Therapeutics announces that it has submitted an Orphan Drug Designation, ODD, application for XORLO to the European Medicines Agency, EMA. The "orphan-drug designation request is for the use of XORTX's patented unique proprietary formulation of oxypurinol - XORLO- for the treatment of autosomal dominant polycystic kidney disease, APKD". Dr. Allen Davidoff, CEO of XORTX, stated, "This EMA ODD submission represents a key milestone for the Company regarding new and existing discoveries made by XORTX and its novel approach to slowing progression of kidney disease in ADPKD. It also follows on receipt of ODD status granted by the U.S. Food and Drug Administration in April 2023. Further updates will be provided once the EMA COMP renders its decision."
SJM

Hot Stocks

07:05 EDT J.M. Smucker backs FY24 CapEx view $550M, free cash flow view $650M
APLS

Hot Stocks

07:05 EDT Apellis announces restructuring including 25% workforce reduction - Apellis announced a corporate restructuring to drive growth of Syfovre pegcetacoplan injection and Empaveli. This restructuring will include cost reduction initiatives expected to result in up to $300M in total cost savings through 2024. The company remains focused on supporting the continued U.S. commercial launch of SYFOVRE and is preparing for potential ex-U.S. launches, with an anticipated decision on regulatory approval by the EMA in early 2024. In the first half of 2023, Syfovre generated $85.7M in U.S. net product revenues. The company is preparing to launch Syfovre in the EU, prioritizing an initial launch in Germany. Marketing applications for intravitreal pegcetacoplan are also under review in Canada, Australia, the U.K. and Switzerland, with decisions expected in the first half of 2024. Reducing Empaveli-related expenses. In the first half of 2023, Empaveli generated $42.7M in U.S. net product revenues. The ompany does not plan to initiate any new clinical development programs with systemic pegcetacoplan. Intends to focus research initiatives on high-potential opportunities in retina and central nervous system diseases, and deprioritizing certain development initiatives. Reducing headcount by approximately 225 employees, or approximately 25% of the current workforce across the organization. Field-based commercial and medical employees are minimally affected. The planned workforce reduction is anticipated to be substantially completed in Q3. Apellis expects these actions to result in total cost savings of up to $300M through 2024, which includes more than $70M in expected net cost savings related to the workforce reduction and up to $230M related to the elimination of planned external expenses. Apellis expects to incur one-time costs related to the workforce reduction of $9M-$11M, substantially all of which are cash expenditures. These costs are anticipated to be incurred primarily in the second half of 2023.
CLNN

Hot Stocks

07:05 EDT Clene Nanomedicine reports 24-month data from Phase 2 RESCUE-ALS - Clene through its wholly owned subsidiary Clene Nanomedicine announced the 24-month long-term data cut from the Phase 2 RESCUE-ALS ongoing open-label extension as of July 2023, which showed a significant median survival benefit of 19.3 months using the rank-preserving structural failure time model and a significant 52% decreased risk of ALS clinical worsening events with CNM-Au8 treatment. RESCUE-ALS was a 36-week double-blind placebo-controlled Phase 2 trial that originally randomized 45 people living with ALS, who were an average of 16 months from symptom onset. Survival Improvement: Cross-over adjusted median survival: 19.3 month median survival benefit; 75% decreased risk of long-term all-cause mortality in participants originally randomized to treatment with CNM-Au8 compared to those originally randomized to placebo after adjusting for benefit received by placebo after switching to CNM-Au8; The RPSFTM analysis method estimates the survival gained by receiving active treatment using the data from all study participants and then subtracts the benefit from ex-placebo participants switched to CNM-Au8 during the OLE to provide a comparison of CNM-Au8 versus placebo across the entire study period. Unadjusted median survival: 10.1 month median survival benefit when not accounting for the improvement by ex-placebo treated participants who switched to CNM-Au8 at the start of the OLE; 46% decreased risk of all-cause mortality in participants originally randomized to treatment. Observed survival versus ALS historical placebo controls: 70% decreased risk of long-term mortality in participants originally randomized to treatment with CNM-Au8 compared to matched placebo participants derived from the PRO-ACT database; PRO-ACT contains approximately 12,000 ALS patient records from multiple completed clinical trials. Improved Time to Clinical Worsening: 52% decreased risk of ALS clinical worsening events in the participants originally randomized to CNM-Au8 treatment versus original placebo. Safety: No serious adverse events have been assessed as related to CNM-Au8 treatment; adverse events observed with CNM-Au8 have been characterized as transient and predominantly mild-to-moderate in severity.
BIG

Hot Stocks

07:04 EDT Big Lots sees Q3 SSS 'down in the low-teen range' - For the third quarter, the company expects comps to be down in the low-teen range, modestly improved relative to the second quarter. A net decrease in store count, partially offset by new stores and relocations, will contribute approximately 140 basis points of sales decline compared to the third quarter of 2022. With regard to gross margin rate, the company expects accelerated rate improvement in the second half of the year, with approximately 200 basis points of improvement in the third quarter relative to the prior year quarter. The company expects adjusted SG&A dollars to be down by a low-single digit percentage versus 2022. The company does not expect to recognize any tax benefit in the third quarter as we expect to remain in a three-year cumulative loss position, which requires us to record valuation allowances against deferred tax assets, including those related to net operating losses. The company is not providing EPS guidance at this point. The company expects a share count of approximately 29.3 million for the third quarter. For the fourth quarter, the company expects comp sales to be improved relative to the third quarter and be in the high-single-digit negative range, as key actions to improve the business continue to gain traction. The company expects the fourth quarter gross margin rate to improve to a rate into the high-30s range driven by more normalized markdown activity, lower freight costs, and cost reduction and productivity initiatives.
BBY

Hot Stocks

07:04 EDT Best Buy sees Q3 comparable sales slightly better than down 6.2% - Bilunas continued, "As it relates specifically to the third quarter, we expect our comparable sales to be slightly better than the negative 6.2% we reported for the second quarter and our non-GAAP operating income rate to be approximately 3.4%."
NRXP

Hot Stocks

06:57 EDT NRx Pharmaceuticals to purchase 3M shares of preferred stock at 40c per share - NRx Pharmaceuticals announced that it entered into a definitive purchase agreement subject to standard closing conditions with accredited investors to purchase 3M shares of preferred stock at 40c per share, which will convert, after six months into 3M common shares and 3M warrants to purchase common stock at a purchase price of 40c per share; the term on these warrants is five years. These shares may also be converted to common shares at the investor's option should the closing share price of NRx common stock reach $1.20 per share during the six-month period.
NSC

Hot Stocks

06:55 EDT Norfolk Southern says 'no indication' that outage was cybersecurity incident - Norfolk Southern Corporation provided an update Monday on a technology outage that impacted rail operations, stating: "This morning, Norfolk Southern experienced a hardware-related technology outage that impacted rail operations. At this time, we have no indication that this was a cybersecurity incident. Our teams worked throughout the day and successfully restored all systems at 7:00 p.m. ET. We are safely bringing our rail network back online. Throughout this, we have been in contact with our customers and will work with them on updated timing for their shipments. We expect the impact to our operations to last at least a couple of weeks."
PLL

Hot Stocks

06:54 EDT Piedmont Lithium gets partial prepayment for shipment of lithium concentrate - Piedmont Lithium announced receipt of a $31.6M partial prepayment for the sale of 15,000 dry metric tons of 5.4% Li2O lithium concentrate on an FOB vessel basis to a major international trading company. Vessel loading is scheduled for mid-September. The prepayment increased Piedmont's cash position to approximately $100M, reinforcing Piedmont's strong balance sheet. North American Lithium commenced commercial production in March 2023 and delivered its first joint venture shipment of 20,500 dmt to a third-party in early August. Production ramp up continues to progress well, and Piedmont expects to receive, at a minimum, its full 2023 offtake allocation of 56,500 dmt of lithium concentrate, with the balance to be sold by the joint venture.
EGRX

Hot Stocks

06:53 EDT Eagle Pharma reports positive meeting with FDA for EA-114 in breast cancer - Eagle Pharmaceuticals announced a positive Type C meeting with the FDA. Eagle and the FDA agreed on a path forward to advance the clinical development of EA-114, an estrogen receptor antagonist used in the treatment of breast cancer in post-menopausal women. EA-114 has the potential to provide healthcare providers with a formulation that meaningfully optimizes the dosing regimen for all fulvestrant patients. Eagle currently anticipates filing a new drug application for EA-114 in 2024. If approved for all uses, EA-114 would allow physicians to provide a personalized treatment regimen to all patients, including specific sub-populations. These subpopulations collectively represent approximately half of the total patient population. EA-114 may additionally result in improved patient outcomes. According to IQVIA, products anticipated to be co-administered with EA-114 have had sales of $7B in the 12 months ending June 30th, 2023, and grew by 27% over the prior 12-month period. Eagle anticipates filing the NDA in 2024 while pursuing a label expansion for the subpopulations in parallel. The company believes EA-114 is eligible for a unique J-code from CMS under the current regulatory framework.
MRK

Hot Stocks

06:51 EDT Merck: EC approves Keytruda in combination with trastuzumab - Merck announced that the European Commission has approved KEYTRUDA, Merck's anti-PD-1 therapy, in combination with trastuzumab, fluoropyrimidine- and platinum-containing chemotherapy, for the first-line treatment of locally advanced unresectable or metastatic human epidermal growth factor receptor 2-positive gastric or gastroesophageal junction adenocarcinoma in adults whose tumors express PD-L1. This approval allows marketing of this KEYTRUDA regimen in all 27 European Union member states plus Iceland, Lichtenstein, Norway and Northern Ireland.
ELF

Hot Stocks

06:48 EDT e.l.f. Beauty to acquire Naturium skin care brand for $355M - e.l.f. Beauty has signed a definitive agreement to acquire Naturium, a skin care brand for $355M in a combination of cash and stock. The deal is expected to double e.l.f. Beauty's presence in skin care to approximately 18% of retail sales. The transaction is expected to close around September 30. Naturium was launched in 2019 by Los Angeles based brand accelerator, The Center. The brand has seen net sales growing at an approximately +80% CAGR over the last two years, and approximately $90M of net sales expected this year. Naturium products are currently available at Target, Amazon, naturium.com and select international retailers. e.l.f. Beauty plans to continue to operate the Naturium business from its headquarters in Los Angeles, CA.
CTM

Hot Stocks

06:48 EDT Castellum subsidiary awarded $3M U.S. Navy contract - Castellum announces that its Specialty Systems subsidiary has been awarded a $3M, 14-month U.S. Navy contract. With this contract, Castellum furthers the commitment to its U.S. Navy mission.
SPIR

Hot Stocks

06:47 EDT Infospectrum expands contract with Spire Global - Infospectrum has expanded its agreement with Spire Global to acquire historical vessel-tracking data in addition to port event information. The maritime analytics market is expected to be over $2B by 2028. Spire's historical automatic identification system data and Port Events solution - which supplies live and historical vessel arrival and departure times in ports, anchorages, terminals and canals - provides visibility into a vessel's entire journey. Through the integration of Spire's APIs, Infospectrum can deliver industry-leading insights and solutions for risk management, compliance, and trade approval to the shipping, commodities, and energy markets.
PDD

Hot Stocks

06:43 EDT PDD Holdings jumps 13% to $91.30 after Q2 results beat estimates
HUT

Hot Stocks

06:41 EDT Hut 8 Mining announces ISS recommendation in favor of USBTC combination - Hut 8 Mining announced that Institutional Shareholder Services, or ISS, has recommended that Hut 8 shareholders vote in favor of the resolutions approving the proposed business combination with U.S. Data Mining Group, Inc. dba US Bitcoin Corp.
NXE

Hot Stocks

06:39 EDT NexGen Energy CFO Harpreet Dhaliwal resigns, Ben Salter succeeds - NexGen Energy announced the appointment of Ben Salter as CFO, effective September 1. Salter commenced with NexGen in June 2021 and currently holds the role of VP, finance. Prior to NexGen, Salter worked at Methanex Corporation and Innergex Renewable Energy Inc. where he was responsible for financial reporting, controls and systems. Salter will assume the CFO position upon the resignation of Harpreet Dhaliwal who is pursuing other career interests.
HAE

Hot Stocks

06:37 EDT Haemonetics announces European expansion for Vascade MVP - Haemonetics has announced that for the first time, patients have been treated with the company's Vascade MVP Venous Vascular Closure system in Germany. This marks the first use of the Vascade system portfolio, widely used in U.S. hospitals, in a European country.
MMM

Hot Stocks

06:36 EDT 3M to record pre-tax charge of $4.2B in Q3 - As a result of the agreement, the company will record a pre-tax charge of approximately $4.2B in the third quarter, representing the $5.3B pre-tax present value of contributions under the agreement net of 3M's existing accrual of approximately $1.1B related to this matter. This charge will be reflected as an adjustment in arriving at 3M's results, adjusted for special items. Additional details of the agreement, including the anticipated payment schedules provided that certain conditions are met, will be included in 3M's filings with the Securities and Exchange Commission. Aearo and 3M are actively engaged in insurance recovery activities to offset a portion of the settlement payments, and Aearo initiated insurance recovery litigation against its carriers in June related to the litigation.
NIO

Hot Stocks

06:35 EDT Nio sees Q3 delivery of 55,000-57,000 vehicles - For the third quarter of 2023, the company expects deliveries of vehicles to be between 55,000 and 57,000 vehicles, representing an increase of approximately 74.0% to 80.3% from the same quarter of 2022. Sees Q3 total revenues to be between RMB18.898B-RMB19.52B, or $2.606B-$2.692B, representing an increase of approximately 45.3% to 50.1% from the same quarter of 2022.
MMM

Hot Stocks

06:34 EDT 3M announces $6B combat arms settlement - 3M announced that it has reached an agreement with the court-appointed negotiating plaintiffs' counsel to resolve the Combat Arms Earplug litigation against Aearo Technologies and 3M. Under the agreement, 3M will contribute a total amount of $6B between 2023 and 2029, which is structured under the agreement to include $5B in cash and $1B in 3M common stock. This agreement, reached through the mediation process that 3M has previously disclosed, is structured to promote participation by claimants and is intended to resolve all claims associated with the Combat Arms Earplug products. The agreement includes all claims in the multi-district litigation in Florida and in the coordinated state court action in Minnesota, as well as potential future claims. The Florida and Minnesota courts are entering orders to support implementation of the agreement. This agreement is not an admission of liability. The products at issue in this litigation are safe and effective when used properly. 3M is prepared to continue to defend itself in the litigation if certain agreed terms of the settlement agreement are not fulfilled.
MBGYY

Hot Stocks

06:31 EDT Mercedes-Benz to open first charging stations worldwide this fall - Mercedes-Benz announced Monday that it opens its first high-power charging stations this fall, implementing its far-reaching plans to expand its global charging infrastructure. Starting in October, the first Mercedes-Benz Charging Hubs will go into operation in Atlanta, USA, Chengdu, China and Mannheim, Germany. By the end of 2024, Mercedes-Benz aims to further expand its global charging network to over 2,000 high-power charging points. The long-term goal is to create more than 2,000 Charging Hubs with over 10,000 charging points by the end of the decade. Reference Link
NNDM

Hot Stocks

06:29 EDT Nano Dimension: ISS urges shareholders to vote for Nano's directors - Proxy advisor Institutional Shareholder Services recommends Nano Dimension's shareholders vote for Nano's directors and against Murchinson nominees.
WTMA

Hot Stocks

06:27 EDT Welsbach Technology Metals Acquisition extends business combination deadline - Welsbach Technology Metals Acquisition has approved an extension of the time period to consummate a Business Combination, to and including September 30. In connection therewith, the company has also approved the issuance and sale of, to Welsbach Acquisition Holdings a non-interest bearing, unsecured promissory note equal to $125K that will not be repaid in the event that the company is unable to close a business combination unless there are funds available outside the trust account to do so. Such note would either be paid upon consummation of the initial business combination out of the proceeds of the Trust Account released to the company or converted, in full or in part, upon consummation of the business combination into additional private units at a price of $10.00 per unit. In addition, the company has also approved the issuance and sale of, to the Sponsor, a series of non-interest bearing, unsecured promissory notes equal for the company's working capital purposes up to a maximum of $1.5M. Concurrently with the deposit of the Proceeds, the Sponsor has funded an additional $378K under the Working Capital Loan, for an aggregate total Working Capital Loan of $462K as of the date hereof.
GM

Hot Stocks

06:15 EDT Cruise begins testing robotaxis in Seattle, Washington D.C. - General Motors' self-driving subsidiary Cruise posted a Monday tweet, which read, "We're thrilled to begin our manual data collection in both Seattle and Washington, D.C. this week. Stay tuned for more updates soon." Reference Link
CAMT

Hot Stocks

06:09 EDT Camtek receives orders for 45 systems since August - Camtek announced that it has received orders for approximately 45 systems since the beginning of August which adds up to approximately 100 systems since the beginning of July. The systems will be delivered during the fourth quarter and in 2024. Overall, 30% of the orders received in August are for HBM and Chiplet applications and the rest are for multiple applications from more than 10 different customers. This strengthens Management's expectations that 2024 will be a record year.
SHEL

Hot Stocks

06:05 EDT Shell announces Executive Committee change - Ronan Cassidy, Shell plc's Chief Human Resources and Corporate Officer, will step down with effect from December 31, 2023, and leave Group service thereafter. Rachel Solway, currently Executive Vice President, Human Resources Organisation Development & Learning, will succeed Ronan with effect from January 1, 2024 and will be based in London. Shell CEO Wael Sawan said: "I'd like to thank Ronan for his 35 years of distinguished service to Shell. In his eight years on the Executive Committee, Ronan has helped steer us through transformational change and several exceptional events, including the Covid-19 pandemic, with wisdom, integrity and foresight. He has championed employee engagement, ethical leadership and diversity, equity, and inclusion, and will leave having helped change Shell for the better."
RDWR

Hot Stocks

06:05 EDT Radware named 2023 leader in Bot management and DDoS mitigation - Radware has been named the 2023 technology leader in Quadrant Knowledge Solutions' SPARK Matrix analysis of both the Bot management and DDoS mitigation markets. The Quadrant Knowledge Solutions' SPARK Matrix ) includes an analysis of global market dynamics, major trends, the vendor landscape, and competitive positioning. The study provides competitive analysis and ranking of the leading technology vendors in the form of its SPARK Matrix. "Radware Bot Manager provides comprehensive capabilities, including intent-based deep behavioral analysis, a variety of mitigation options, granular analytics and reporting, collective bot intelligence, and device fingerprinting, to help organizations identify, detect, and manage malicious bot activities inside the organizational IT system...the company has received strong ratings across technology excellence and customer impact and has been positioned as the leader in the SPARK Matrix: Bot Management, 2023," said Hardik Jain, Analyst, Quadrant Knowledge Solutions. "Radware offers organizations high-capacity DDoS mitigation with patented algorithms and real-time signature creation for wide attack coverage against zero-day attacks. Radware also defends organizations against layer 7 DDoS attacks and mitigates encrypted attacks using unique behavioral-based protection for accurate detection...all contributed to its position as the 2023 technology leader in the global DDoS mitigation market," said Riya Tomar, Analyst, Quadrant Knowledge Solutions.
RHHBY

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06:04 EDT Roche reports EC approves Evrysdi for babies under two months old with SMA - Roche announced that the European Commission has approved the extension of the Evrysdi European Union marketing authorization to include infants with a clinical diagnosis of SMA Type 1, Type 2 or Type 3 or with one to four SMN2 copies from birth to below two months. Interim data from the ongoing RAINBOWFISH trial in pre-symptomatic babies from birth to six weeks with Type 1 SMA supported the marketing authorization extension, the company stated.
DCI

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06:03 EDT Donaldson sees FY24 CapEx $95M-$115M - FY24 free cash flow conversion is projected to be between 95%-05%. For the full year, Donaldson expects to repurchase approximately 2% of its shares outstanding.
ACN

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05:39 EDT Accenture acquires ATI Solutions Group, terms undisclosed - Accenture has acquired ATI Solutions Group, or ATI, a Perth-based consulting service provider to the mining, energy and rail industries. ATI will enhance Accenture's capabilities in West Australia, where specialized digital and industrial talent is in high demand. Terms of the transaction were not disclosed.
BMY

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05:37 EDT Bristol Myers announces FDA approval for Reblozyl - Bristol Myers announced that the FDA has approved Reblozyl for the treatment of anemia without previous erythropoiesis stimulating agent use in adult patients with very low- to intermediate-risk myelodysplastic syndromes who may require regular red blood cell transfusions. This expanded indication to the first-line setting is based on interim results from the pivotal Phase 3 COMMANDS trial, in which Reblozyl demonstrated superior efficacy of concurrent RBC transfusion independence and hemoglobin increase compared to epoetin alfa, an ESA, regardless of ring sideroblast status. These results underscore Reblozyl's ability to address chronic anemia earlier in the treatment journey in a broader range of patients.
CAE

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05:30 EDT CAE secures 10-year pilot training agreement with Batik Air - CAE announced at the Asia Pacific Airline Training Symposium, or APATS, that it has secured a 10-year pilot training agreement with Batik Air. CAE will deploy and operate an advanced B737 MAX full-flight simulator at Batik Air's facility in Kuala Lumpur, ensuring a world-class training experience for the airline's pilots. In addition, Batik Air will adopt the use of CAE Rise, CAE's data-driven training system which leverages advanced analytics to deliver more effective training and enhance operational safety.
BORR

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05:25 EDT Borr Drilling receives LOA for work in West Africa - Borr Drilling announced that its premium jack-up rigs "Prospector 5" and "Natt" have received a letter of award, or LOA, for work in West Africa in direct continuation of their current contracts. The contracts will have a combined duration of 1,307 days and a total estimated contract value is $211M. Under this LOA, the "Prospector 5" and "Natt" will remain contracted until May 2026 and December 2025, respectively.
KAVL

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05:22 EDT Kaival Brands adds over 1,500 locations to its Bidi Stick Circle K rollout - Kaival Brands provided an update on its efforts to increase distribution of the Bidi Stick which have resulted in distribution in more than 1,500 additional Circle K locations. Eric Mosser, CEO of Kaival Brands, stated, "We are excited to provide an update on our regional Circle K rollout. Since our initial rollout in June, we have increased distribution to over 2,700 locations from just over 1,000. Our objective is that ultimately, the BIDI(R) Stick will be distributed in up to 5,000 Circle K locations within the South Atlantic and Midwest regions within the calendar year." Mr. Mosser continues, "We are as optimistic as ever that our ongoing efforts will continue to open doors with retail partners like Circle K who share our commitment to compliance and youth-access prevention, and, in turn, increase our revenues going forward."
VSAT

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05:19 EDT Viasat selected as inflight connectivity provider for Korean Air - Viasat announced that it has been selected as the inflight connectivity provider for Korean Air. Under the agreement, the Korean flag carrier has selected Viasat's inflight broadband solution for its upcoming fleet of Airbus A321neo aircraft. Korean Air will receive a total of 30 Airbus A321neos by 2027 as part of a fleet modernization plan, all of which will be delivered linefit with the global satellite company's connectivity solution. These will be operated on short and mid-haul flights between the airline's main hub in Seoul and destinations across the Asia region.
SVA

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05:16 EDT Sinovac Biotech confirms receipt of unsolicited partial tender offer - Sinovac Biotech confirmed that it is aware of an unsolicited partial tender offer from Alternative Liquidity Index LP to purchase up to a maximum of 10M shares of the company, representing approximately 10.05% of the company's outstanding shares, for 3c per share in cash. Sinovac's board of directors intends to evaluate the terms of the tender offer to determine the course of action that it believes is in the best interest of the company and its shareholders. The board also intends to advise shareholders of the board's position regarding the tender offer within ten business days of receipt of the offer. In the meantime, the company's shareholders are strongly advised to take no action in relation to the tender offer.
HALO RHHBY

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05:10 EDT Halozyme announces approval of Roche Tecentriq SC using Enhanze technology - Halozyme (HALO) announced the approval of Roche's (RHHBY) Tecentriq SC, using Halozyme's Enhanze drug delivery technology, by the Medicines and Healthcare Products Regulatory Agency, or MHRA, in Great Britain. Tecentriq subcutaneous SC is co-formulated with Halozyme's proprietary recombinant human hyaluronidase enzyme, rHuPH20, allowing for subcutaneous delivery, which takes approximately seven minutes, compared with 30-60 minutes for intravenous, or IV, infusion. Tecentriq SC will be available to patients in Great Britain for certain types of lung, bladder, breast, and liver cancer.