Stockwinners Market Radar for July 16, 2024 - Earnings, Upgrades downgrades, option trades, Best Stock Advisory Service

21:29 EDT Ralph Lauren responds to media reports in Indonesia - The company states: "Ralph Lauren notes recent media reports in Indonesia relating to disputes between PT Manggala Putra Perkasa, operating using the confusing "Polo Ralph Lauren Indonesia" name in Indonesia, and other parties in Indonesia. We would like to clarify that this company is not affiliated with or related to Ralph Lauren in any way and that these disputes do not involve Ralph Lauren. Ralph Lauren currently does not directly operate any stores in Indonesia, nor has it authorized or entered into an agreement with any partner or distributor to operate any "Polo Ralph Lauren" or other "Ralph Lauren" branded store in Indonesia. To address the demands of our customers in Indonesia, we have been selling our products only via certain third-party retailers. We are aware of several third parties, including PT Manggala Putra Perkasa, who have registered certain trademarks in Indonesia that are similar to Ralph Lauren's trademarks. PT Manggala Putra Perkasa has also set up a subsidiary that is named "PT Polo Ralph Lauren Indonesia". We recognize that these trademarks and names are a source of confusion. Ralph Lauren is committed to taking every necessary measure to ensure that its copyrights, trademarks and other intellectual property rights are not violated, as part of its efforts to provide authentic products and experiences to consumers in the region."

20:02 EDT Cathie Wood's ARK Investment buys 214.5K shares of Oklo today

18:54 EDT Aura FAT Projects Acquisition enters into Trust Agreement - Aura FAT Projects Acquisition , a Cayman Islands exempted company limited by shares, entered into an Investment Management Trust Agreement, dated April 12, 2022 by and between the Company and Continental Stock Transfer & Trust Company, as trustee which was initially filed as an exhibit to the Company's Registration Statement on Form S-1 in connection with its initial public offering on April 18, 2022. On July 10, 2024, at 8:00 a.m. ET, the Company held a virtual extraordinary general meeting of its shareholders, pursuant to due notice ) in that certain Proxy Statement on Schedule 14(a) filed on June 21, 2024. At the Extraordinary General Meeting, the Company shareholders entitled to vote at the Extraordinary General Meeting cast their votes and approved the proposalto authorize the Company to enter into Amendment No. 2 to the Trust Agreement to amend the Trust Agreement to allow the Company to extend beyond July 18, 2024 the date by which either the Company must have completed its initial business combination or Continental must liquidate the Trust Account established in connection with the IPO. Following approval of the Trust Amendment Proposal by the Shareholders, the Company and Continental promptly entered into the Trust Agreement Amendment.

18:37 EDT BHP Group reports Q4 copper output at 504.9kt, up 6% from last year - Reports Q4 iron ore output at 69.2Mt, up 6% from last year. Reports Q4 metallurgical coal output of 4.9Mt, down 42% from last year. CEO Mike Henry states: "We finished the year with a strong fourth quarter, achieving several production records and we are meeting current production and unit cost guidance for all commodities. WAIO continued its strong performance, delivering a second consecutive year of record production on the back of ongoing incremental improvements along its supply chain as we progress toward our medium-term goal of increasing production to greater than 305 Mtpa. We achieved a strong performance across our copper business globally, underpinned by the highest production in four years at Escondida and another year of record production from Spence in Chile. Successful integration at Copper South Australia has delivered additional production tonnes, and exceeded the annualised synergies planned at the time of the OZL acquisition. We successfully completed the sale of the Blackwater a d Daunia metallurgical coal operations on 2 April 2024. After a challenging year at BMA, we have plans in place to increase production to between 43 and 45 Mtpa (100%) in the next five years. We continued to execute against our strategy, progressing growth options in the commodities the world needs to meet the demands of the energy transition and population growth. This includes our Jansen potash mine in Canada, where construction of Stage 1 is now more than 50% complete and Stage 2 is underway. We will see first production in 2026 and will be a major global producer of potash by the end of the decade. On 11 July we announced the temporary suspension of our Western Australia Nickel operations from October 2024 as a result of an oversupply in the global nickel market and protracted low nickel prices."

18:08 EDT Pinnacle Financial reports Q2 net interest margin 3.14% vs. 3.20% last year

17:37 EDT Boeing provides NASA with second core stage of Space Launch System rocket - The company states: "Boeing has provided NASA with the second core stage of the Space Launch System (SLS) rocket. Built at NASA's Michoud Assembly Facility, the core stage is designed to send the Artemis II crew to lunar orbit for the first time in 50 years. The Boeing-built rocket stage, which is the largest component of the Artemis II mission, will be loaded onto the Pegasus barge and transported 900 miles to NASA's Kennedy Space Center. Once there, it will be integrated with the other Artemis II components, including the upper stage, solid rocket boosters, and NASA's Orion spacecraft inside the Vehicle Assembly Building. This integration is a crucial step in preparation for the Artemis II launch, scheduled for 2025. The delivery of Core Stage 2 signifies a major achievement in the development of the SLS rocket. This core stage, measuring over 200 feet tall and powered by four RS-25 engines, alongside two solid-fueled booster rockets, will provide the 8.8 million pounds of necessary thrust to propel Artemis II and future missions into space. SLS is the only rocket capable of carrying crew and large cargo to the moon and beyond in a single launch. Its unmatched capabilities will deliver human-rated spacecraft, habitats, and science missions to the moon, Mars and beyond."

17:26 EDT Generac announces availability of its first EV charger - Generac Power Systems announced the availability of its first electric vehicle, EV, charger. This state-of-the-art level 2 charger represents another notable solution in Generac's portfolio to help people with energy management, and underscores Generac's commitment to lead the evolution to more resilient, efficient, and sustainable energy solutions. With the United States' EV market share projected to reach over 11% in 2024 and more Americans wanting to use energy on their own terms, this is an ideal time for Generac to add a charging solution for homes and businesses."Generac's expansion into the EV charging market shows our dedication to advancement in energy management," said Kyle Raabe, executive vice president of Consumer Power at Generac. "With our extensive background in energy solutions and a network of nearly 9,000 certified North American dealers, we're poised to deliver an EV charging solution that sets a new standard for performance, reliability and user satisfaction." Reference Link

17:18 EDT Abercrombie & Fitch to replace Equitrans Midstream in S&P 400 at open on 7/22 - S&P 500 constituent EQT Corp. (EQT) is acquiring Equitrans Midstream (ETRN) in a deal expected to close soon, pending final closing conditions.

17:03 EDT Washington Federal reports Q2 net interest margin 2.56% vs. 3.27% last year - Reports Q2 loan loss provision $1.5M vs. $9.0M last year.

16:59 EDT Dynatrace CRO Zugelder sells 15,404 common shares - In a regulatory filing, Dynatrace chief revenue officer Dan Zugelder disclosed the sale of 15,404 common shares of the company on July 15 at a price of $44.2182 per share.

16:50 EDT Apollomics granted 180-day extension to regain Nasdaq bid price compliance - Apollomics announced that it received written notification from The Nasdaq Stock Market LLC that it has granted the company's request for a 180-day extension to regain compliance with the continued listing requirements for The Nasdaq Capital Market. As previously disclosed, Apollomics had received a notice from Nasdaq on January 16, 2024 that it is not in compliance with the Bid Price Requirement, because the closing bid price of the company's Ordinary Shares was below $1.00 per share for 30 consecutive business days. Subject to the company meeting certain financial, share price and other requirements, Nasdaq granted the Company an extension until January 13, 2025 to regain compliance with Nasdaq Listing Rule 5550(a)(2), which requires a minimum bid price of $1.00 the "Bid Price Requirement") for the Company's Class A ordinary shares, par value $0.0001 per share (the "Ordinary Shares"). If at any time before January 13, 2025 the closing bid price of the Company's Ordinary Shares is at least $1.00 per share for a minimum of ten consecutive business days, Nasdaq will provide written confirmation that the Company has achieved compliance with this minimum bid price requirement. If compliance with this minimum bid price requirement cannot be demonstrated to Nasdaq's satisfaction by January 13, 2025, Nasdaq will provide written notification that the Company's Common Stock will be delisted. At that time, the Company may appeal Nasdaq's delisting determination to a Nasdaq Hearings Panel.

16:37 EDT Spirit Airlines down 5% after guidance cut, Cowen downgrade - Shares of Spirit Airlines are down 16c, or 5%, to $3.00 in after-hours trading.

16:34 EDT Chesapeake Utilities subsidiary receives approval in Florida for three projects - Chesapeake Utilities announced that its subsidiary, Peninsula Pipeline Company, or PPC, received approval from the Florida Public Service Commission for three projects that expand natural gas infrastructure to benefit customers of Florida City Gas, or FCG, also a subsidiary of Chesapeake Utilities. The projects, located in Florida's Brevard, Indian River and Miami-Dade counties, will bring renewable natural gas produced from local landfills into FCG's natural gas distribution system. The projects represent a combined capital investment of $46M and are estimated to be completed in the first half of 2025. In Brevard County, once completed, the project will reinforce FCG's system with a new alternative gas source, bringing additional supply of 3,200 Dth/day into the FCG distribution system. The Brevard County project will consist of approximately five miles of new transmission infrastructure with a total capital spend of approximately $6M. The new facilities will result in 3,200 Dth/day of additional supply into the FCG distribution system, providing resiliency to customers and consist of approximately 14 miles of new transmission infrastructure, a district regulator station, a tie-in with FCG's distribution system and an interconnect with existing PPC facilities. The total capital spend of the Indian River County project will be approximately $18M. The third project, in Miami-Dade County, will bring an additional 6,700 Dth/day of capacity to the area via approximately eight miles of new transmission infrastructure and a new district regulator station that is tied in with FCG's distribution system. The total capital spend of the project will be approximately $22M. In addition, the Florida Public Service Commission approved the transfer of the Pioneer Supply Pipeline asset from FCG to PPC, which allows Chesapeake Utilities to better align its assets and services within its relevant subsidiaries.

16:24 EDT Shimmick awarded $27.6M subcontract for Sunol Valley Water Plant ozonation - Shimmick Corporation announced that it has signed a $27,583,595 subcontract for electrical work on the Sunol Valley Water Treatment Plant Ozonation project. The prime contract, valued at $234,782,000, was awarded to J.F. Shea Construction, Inc. by the San Francisco Public Utilities Commission, SFPUC, on May 14. "We are thrilled to be part of this critical infrastructure project that will significantly improve water quality for millions of Bay Area residents," said Steve Richards, Chief Executive Officer. "This contract underscores our expertise in complex water treatment projects and our ability to perform critical specialized electric work that leverages our in-house capabilities." This project represents a significant investment in improving water quality for the San Francisco Bay Area. The ozonation system will provide additional primary disinfection, improve treatment reliability, and offer an extra barrier against potential emerging contaminants of concern.

16:20 EDT Relay Therapeutics announces termination of license agreement with Genentech - In a regulatory filing, Relay Therapeutics (RLAY) announced that on July 11, the company received notice of termination of the Collaboration and License Agreement, dated December 11, 2020, as amended from time to time, with Genentech, Inc. (RHHBY) and F. Hoffmann-La Roche Ltd. Genentech elected to terminate the agreement without cause, and the termination will become effective 180 days after the date of receipt of the notice of termination. Under the agreement, the company and Genentech collaborate on the development and commercialization of RLY-1971, the company's oral, small molecule inhibitor of Src homology region 2 domain-containing phosphatase-2. Under the terms of the agreement, the company received aggregate consideration of $121.8M from Genentech, including $75M in an upfront payment, $45M in milestone payments as well as reimbursement of certain research and development costs. As a result of the termination of the agreement, the company will not be entitled to receive any further milestones or other payments due after the Termination Date. The parties will also cease to have any development or commercialization obligations after the Termination Date and the licenses the company granted to Genentech pursuant to the agreement will cease to be in effect as of the Termination Date.

16:16 EDT Amazon Prime Day a 'major cause of injuries' for workers, Senate probe finds - Amazon's Prime Day is a "major cause of injuries" for the warehouse workers who make it possible, a Senate probe found. As part of an ongoing investigation into Amazon's warehouse safety practices, Senator Bernie Sanders, Chairman of the Senate Committee on Health, Education, Labor, and Pensions released an interim report on the "extremely unsafe conditions" in Amazon warehouses during Prime Day and the holiday season and called on the company to do more to protect warehouse workers. This interim report shed light on Amazon workers' experiences during Prime Day and the holiday season. It also makes public, for the first time, the company's internal data on warehouse injury rates, which reveal just how dangerous its warehouses are during peak seasons. According to the internal data, during Prime Day 2019, Amazon's rate of recordable injuries-the injuries Amazon is required to disclose to the Occupational Safety and Health Administration-was over 10 injuries per 100 workers. "During that same period, Amazon's total injury rate, which includes injuries Amazon is not required to disclose to OSHA, was just under 45 injuries per 100 workers. That is nearly half of the company's warehouse workers. These injury rates are especially egregious in light of the incredible revenue the company generates and the resources it has available to make its warehouses safe for workers." The report also accused Amazon of prioritizing speed over safety, saying it pressured employees to work long hours and shirked some safety procedures. "This is not an acceptable set of practices from one of the richest companies in the world. Amazon must address its injury crisis and ensure that all workers are safe at their jobs, especially during the most intense and demanding periods." Reference Link

16:14 EDT UFP Technologies acquires Marble Medical, no terms - UFP Technologies announced the acquisition of Marble Medical. Founded in 1988 and headquartered in Tallahassee, FL, Marble Medical develops and manufactures adhesive based medical components and single-use devices. "Adding Marble Medical's adhesives expertise is a great complement to our surgical robot drapes and stick to skin device platforms," said R. Jeffrey Bailly, chairman and CEO of UFP Technologies. "Marble Medical is a 3M Preferred Converter, and along with their precision die cutting capabilities, gives our clients access to a broader range of innovative solutions incorporating highly specialized adhesive technologies." "In addition, Marble Medical is a longstanding partner to our DAS Medical operation, making them an excellent overall fit into our MedTech business," continued Bailly. "This acquisition aligns with our strategic focus and provides valuable technologies in multiple key markets to bring more value to our client base. This expanded range of materials and capabilities will also allow us to vertically integrate in many existing application areas. Joe Audie, Marble Medical's president, stated, "We are excited to join the UFP family and be part of such a fast growing and dynamic company. UFP's customer base, engineering skills, vast resources, and global manufacturing footprint is expected to help Marble accelerate growth by leveraging our biocompatible adhesives expertise in adjacent areas such as diagnostic patches, wound care, and other stick to skin applications."

16:12 EDT Hancock Whitney reports Q2 net interest margin 3.37% vs. 3.30% last year - Reports Q2 loan loan provision $8.7M vs. $7.6M last year. Reports Q2 ROA 1.32% vs. 1.30% last year. Q2 CET1 ratio estimated at 13.25%, up 60 bps linked-quarter.

16:11 EDT Primoris receives project awards valued at roughly $1.2B - Primoris Services Corporation announced several awards with a combined value of approximately $1.2B secured by the company's Energy Segment. The awards include nearly $700M contracted in the second quarter of 2024 and more than $500M booked early in the third quarter of 2024. The projects consist of $1.1B for the engineering, procurement and construction of utility-scale solar projects and around $100M for the expansion of multiple combustion gas turbine generators. "We continue to see strong demand in our utility-scale solar and natural gas generation solutions driven by a growing need for power generation and the strength of our customer relationships that value our track record of safely and successfully executing their projects," said Tom McCormick, President and Chief Executive Officer of Primoris. "The solar awards, which include approximately 800 MWh of battery energy storage systems, demonstrate progress toward our strategic goal to expand our solar service offering and provide a comprehensive solution for our clients." The projects are scheduled to begin mobilization in the second half of 2024 through the second quarter of 2025.

16:07 EDT Heritage Insurance rejoins Russell 3000 Index - Heritage Insurance Holdings announced its inclusion in the Russell 3000 Index, as confirmed by the reconstitution information posted on the FTSE Russell website. The inclusion into the index took effect at the opening of the U.S. equity markets on Monday July 1.

16:04 EDT Primerica to exit Senior Health business - The company states: "Primerica announced that after carefully considering various options, the Board of Directors has opted to exit its senior health business by relinquishing ownership of e-TeleQuote Insurance, Inc. (e-TeleQuote). The senior health subsidiary, acquired in July 2021, does not have a clear path toward anticipated profitability within an acceptable timeframe in the increasingly challenging senior health distribution market. Further, the industry is facing an uncertain regulatory environment that could adversely impact the business. The Board and management recognize that there remains significant demand for senior healthcare due to the aging of the U.S. population and continues to believe that Primerica's unique ability to reach middle-income families through its independent sales force is a clear competitive advantage. However, Primerica's ownership of a senior health business has not created the near-term stockholder value that had been anticipated at the time of the acquisition of e-TeleQuote. With the assistance of a third-party consultant specializing in turn-around and restructuring transactions, Primerica determined that relinquishing its ownership of e-TeleQuote is the most expeditious way to exit its senior health business while maximizing Primerica's residual stockholder value. Primerica expects to terminate its rights to e-TeleQuote no later than September 30, 2024. On or prior to such time, e-TeleQuote expects to issue shares of its common stock to a third party who has not yet been identified. It is expected that such third party, which may consist of one or more entities, will ultimately own e-TeleQuote when Primerica terminates its rights."

16:03 EDT UFP Technologies acquires thermoforming firm Welch Fluorocarbon, no terms - UFP Technologies announced the acquisition of Welch Fluorocarbon. Founded in 1985 and headquartered in Dover, New Hampshire, Welch Fluorocarbon develops and manufactures thermoformed, and heat sealed implantable medical device components utilizing thin, high-performance films. "Welch Fluorocarbon will bring significant thin film thermoforming capabilities to our expanding MedTech portfolio of technologies and materials," said R. Jeffrey Bailly, chairman and CEO of UFP Technologies. "Their expertise in developing and manufacturing components for implantable medical devices is an excellent complement to our existing thin film platform." "UFP and Welch Fluorocarbon share many clients and together, our expanded product development and manufacturing capabilities will allow us to serve our clients in a more comprehensive way," continued Bailly. "Additionally, we are gaining a talented leadership team and overall, the Welch Fluorocarbon team is a very strong cultural fit."

14:31 EDT Paramount expands partnership with Ice Cube and Cube Vision, no terms - Paramount Global announced an expanded partnership with Ice Cube and his production company Cube Vision on the heels of their long standing relationship. Under the first look deal for television, Cube and Jeff Kwatinetz, COO of Cube Vision and Cube's producing partner, will develop and executive produce projects for broadcast, cable and streaming platforms across Paramount. The deal kicks off with a new untitled scripted project in development at SHOWTIME Studios that explores the cutthroat world of Hollywood through the Black experience and the depths an explosive cast of characters go in pursuit of power and the price of fame. The expanded partnership stems from the company's long-standing relationship with Cube where the parties work together on Big3 basketball league that airs on CBS, Hip Hop Squares for VH1 alongside many music related projects over the years and a featured role in Teenage Mutant Ninja Turtles: Mutant Mayhem, where Cube voiced/starred in the Seth Rogan co-written film. "We are excited to expand on our successful partnership with Paramount through this unique television deal," said Ice Cube & Jeff Kwatinetz. "This deal provides us with everything we need to bring amazing and authentic stories to television working with the best writers, showrunners, and television innovators in the entire business. We are thrilled to collaborate with Nina, Chris, and the rest of the All-Star Paramount Global team to build upon the great work we've done together."

13:24 EDT Scotts Miracle-Gro trading halted, news pending

12:12 EDT Yara to supply PepsiCo Europe with fertilizer to cut food emissions - PepsiCo Europe (PEP) and Yara (YARIY) earlier today announced a long-term partnership in Europe aimed at providing farmers with crop nutrition programs to help decarbonize the food value chain. As part of the partnership, which spans multiple countries, participating PepsiCo Europe farmers will be equipped with crop nutrition products and advice as well as precision farming digital tools. "This will allow them to increase nutrient use efficiency, boost yields and reduce the carbon footprint of their crops. Yara, the leading crop nutrition company in Europe, will supply PepsiCo with the products and services," the companies said in a statement. Yara will deliver up to 165,000 tons of fertilizer per year to PepsiCo, covering around 25% of their crop fertilizer needs in Europe by 2030. Reference Link

12:01 EDT Amwell rises 11.4% - Amwell is up 11.4%, or 85c to $8.30.

12:01 EDT Eventbrite rises 20.7% - Eventbrite is up 20.7%, or 96c to $5.60.

12:00 EDT Reddit falls -7.3% - Reddit is down -7.3%, or -$5.31 to $67.67.

11:56 EDT SciSparc announces receipt of Nasdaq minimum bid price notification - SciSparc Ltd. announced it has received a written notice from Nasdaq Stock Market LLC indicating that the company is not in compliance with the minimum bid price requirement for continued listing set forth in Nasdaq Listing Rule 5550(a)(2), which requires listed securities to maintain a minimum bid price of $1.00 per share. Under Nasdaq Listing Rule 5810(c)(3)(A), the company has been granted a period of 180 calendar days to regain compliance with the minimum bid price requirement. The Notice has no immediate effect on the company's Nasdaq listing or the trading of its ordinary shares, and during the grace period, as may be extended, the company's ordinary shares will continue to trade on Nasdaq under the symbol "SPRC". According to the Notice, the company has until January 13, 2025, to regain compliance with the minimum bid price requirement.

11:23 EDT State Street sees positive fee operating leverage, operating leverage for FY

11:22 EDT State Street sees total fee revenue up 4%-5% on FY basis

11:14 EDT 3M invests in green hydrogen company Ohmium - 3M has completed a strategic investment in Ohmium International, a developer of electrolyzer systems for green hydrogen production. The investment is part of 3M's commitment to advancing technologies that support the transition to a low-carbon economy and may help the company explore further decarbonizing its own operations. The investment aligns with 3M's strategic growth platform in climate tech and its vision to leverage 3M's deep technological expertise in material science in support of the Department of Energy's "Hydrogen Energy Earthshot" and the industry goal of reducing the cost of green hydrogen production to $1 per kilogram. Ohmium is known for the efficiency of its Proton Exchange Membrane electrolyzers, designed to optimize PEM's industry leading performance in pairing with renewables to produce green hydrogen. Green hydrogen is a fossil-free energy source critical for decarbonizing hard to abate industrial sectors such as steel manufacturing and fertilizer production. Ohmium's proprietary power electronics, hyper-modular design and standardized manufacturing approach have positioned the company as a leader in cost-competitive, efficient and high-output green hydrogen production.

11:04 EDT TikTok announces partnership with Eventbrite - In a post to its corporate newsroom, TikTok stated: "Today, TikTok is excited to announce a partnership with the global events marketplace Eventbrite, offering event creators a powerful new way to promote their events and sell tickets across a wide range of categories. The new partnership will also enable the global TikTok community to sell tickets to their own events. Now, any Eventbrite creator or TikTok user can add Eventbrite links directly to their TikTok videos, helping the TikTok community discover event details and purchase tickets without ever leaving the app. Through this partnership, any TikTok user can easily become an event creator by hosting their events on Eventbrite, and seamlessly promoting and selling tickets directly to the TikTok community... The new feature is available in all countries where both TikTok and Eventbrite services are available. Eligible events must be in-person, publicly listed on Eventbrite, have paid tickets, and occur within the next 90 days (or 180 days for music events)." Reference Link

10:47 EDT Charles Schwab says various actions to lead to 'somewhat smaller' bank - Says "somewhat smaller" bank will help meet clients' banking needs, lower the bank's capital intensity and protect the economics it is able to generate from owning a bank. Comments taken from Q2 earnings conference call.

10:12 EDT Perdoceo Education signs agreement to acquire USAHS - Perdoceo Education Corporation, a provider of postsecondary education, reported that it has signed a definitive agreement to acquire 100% ownership of the University of St. Augustine for Health Sciences, LLC. Completion of the acquisition is subject to customary closing conditions and satisfactory regulatory approvals from the Accrediting Commission for Senior Colleges and Universities of the Western Association of Schools and Colleges, as well as other key regulatory bodies, and receipt of a preacquisition review response from the US Department of Education. The company expects to complete the acquisition in December 2024. The ownership transition is not expected to impact the current academic programs of USAHS, and USAHS will remain fully committed to serving and educating students and providing the same high quality educational experience. Perdoceo expects to pay approximately $142M-$144M in cash at closing to acquire 100% ownership of USAHS. The actual cash paid will depend on adjustments for cash, debt and working capital based on the final closing balance sheet. Pursuant to the merger agreement, Perdoceo has purchased a buyer-side representation and warranty insurance policy, which will serve as the primary source of protection against certain risks associated with representations and warranties made by the seller and pre-closing tax liabilities. The boards of directors of both parties to the merger, the USAHS board of directors, and the USAHS stockholders holding 100% of the voting power over USAHS' parent's outstanding common stock, each have unanimously approved the acquisition. The acquisition is not subject to a financing condition. Perdoceo plans to use cash on hand for the purchase.

10:10 EDT PNC Financial says remains well-capitalized - Says on a growth trajectory to expected 'record' NII in 2025. Says expense discipline remains a top priority. Says credit quality remains relatively stable. Says well-positioned to drive further growth into 2025. Says continues to be well-positioned with capital flexibility. Comments taken from Q2 earnings conference call.

10:01 EDT Wheels Up rises 10.0% - Wheels Up is up 10.0%, or 36c to $3.97.

10:00 EDT Studio City falls -4.3% - Studio City is down -4.3%, or -30c to $6.67.

10:00 EDT Charles Schwab falls -6.4% - Charles Schwab is down -6.4%, or -$4.79 to $70.28.

09:51 EDT Morgan Stanley CFO says entering back half of year in position of strength

09:47 EDT Studio City falls -4.3% - Studio City is down -4.3%, or -30c to $6.67.

09:47 EDT Charles Schwab falls -6.3% - Charles Schwab is down -6.3%, or -$4.76 to $70.31.

09:47 EDT Shopify rises 6.2% - Shopify is up 6.2%, or $3.95 to $68.16.

09:46 EDT Bank of America expects deposits to grow over time after peak Fed Funds rate - Says deposit growth "doing ok so far." Expects three 25 bps rate cuts in 2024, starting in September. Expects to make "meaningful strides" in NII trajectory in 2025. "Feels good" about how the company is managing expenses.

09:40 EDT Logistic Properties of The Americas trading resumes

09:35 EDT Logistic Properties of The Americas trading halted, volatility trading pause

09:33 EDT Mullen Automotive's Bollinger Motors appoints James Taylor as CEO - Bollinger Motors (MULN) announces it has named former GM (GM) executive James Taylor as CEO. He will take over for company founder Robert Bollinger, who will remain on the company's Board of Directors and a major shareholder. In addition, the company promoted Bryan Chambers to President and COO and Siva Kumar to Chief Strategy Officer and Senior Vice President of Finance.Taylor has worked closely with Robert Bollinger to bring the company's all-electric Bollinger B4 Class 4 Chassis Cab to market. Taylor is a veteran automotive executive who has held leadership positions with Cadillac and Hummer, and has deep electric vehicle experience with Electric Last Mile Solutions, Workhorse, Karma, SF Motors and Mullen Automotive for the last two years. Chambers has over 35 years in automotive leadership and joined Bollinger Motors in 2018 as Program Director and rose to COO. Kumar joined Bollinger Motors in 2022 as CFO.

09:30 EDT Performance Shipping secures sale, leaseback agreement for Aframax tanker - Performance Shipping announced that, through a separate wholly-owned subsidiary, it has entered into a sale and leaseback agreement with an unaffiliated Japanese third party for a previously announced newbuild LR2 Aframax tanker vessel. As announced on March 8, 2023, the newbuilding LNG-ready, scrubber-fitted, Tier III LR2 Vessel of approximately 114,000 dwt is expected to be delivered to the Company in the fourth quarter of 2025. The bareboat financing amount totals $44.25 million and as part of this agreement, the Vessel will be sold and chartered back on a bareboat basis for an eight-year period from delivery at bareboat charter rates equivalent to 96 monthly installments of $7,132 per day and a balloon payment of approximately $23.7 million payable together with the last installment, with an implied interest rate of Term SOFR plus 2.425% per annum. The Company has continuous options to repurchase the Vessel at predetermined rates following the second anniversary of the bareboat charter. As previously announced on March 12, 2024, the Vessel has been chartered to Clearlake Shipping Pte Ltd. for a period of five years, upon delivery of the Vessel, at a rate of $31,000 per day and an option to extend for a 6th and 7th year at a base rate plus profit sharing if declared by the charterer.

09:23 EDT M2i Global executes exclusive offtake agreement with NT Minerals - M2i Global has entered into an exclusive offtake agreement with NT Minerals for 88,000 tonnes of Copper, which is currently valued at $850 million based on today's price of $9,653 per ton of Copper. M2i is granted offtake rights for a maximum of 88,000 tonnes copper that is sourced from the Redbank tenements in return for 12 million shares of M2i Global Inc. NTM to receive additional payments for incremental resource increases or upgrades from the Redbank tenements. M2i retains the option to participate in production pre-funding opportunities. NTM's initial area of interest is centered on the Bluff Resource, notably a cluster of targets within a 600 meter radius of the Bluff deposit, these being Double Bluff, gravity targets - T24, T25 and T27 and Archimedes Targets - AT2 and AT4. Each of these targets have varying levels of support from each of the target generation concepts providing the Company confidence to undertake the planned drill program. NTM considers this clustering of targets important as any future development may be potentially accessed from the same infrastructure. Additionally, a 1,700 m long linear copper geochemical trend has been identified northeast of Bluff, this trend is defined by the RN North geochemical anomaly at its northern extent and the T25 gravity/geochemical anomaly at its southern extent, with potential to extend this anomaly in both directions. Importantly, this trend also includes the Quartzite Prospect, located some 650m WNW of Bluff and the subject of limited historical drill evaluation with a best reported intercept of 52m @ 1.34% Cu from 119m, including 8m @ 3.98% Cu from 163min drill hole QT35. The Company intends to investigate this trend, targeting the 500m long RN_North anomaly, Quartzite Prospect and the T25 gravity target with reconnaissance drill programs. Regionally, NTM also plans to undertake regional reconnaissance work during the 2024 field season across several areas identified by previous explorers but that have not been fully evaluated since the original work. This includes the Mountain Home Prospect located in the Redbank West group of tenements where a recent geological review noted rock chip sampling along a 150m trend of surface workings/pittings returned assays of 32.73% Cu, 25.20% Cu, 15.69% Cu and 9.81% Cu with associated gold values up to 1.31 g/t Au. This highly mineralized trend is coincident with an interpreted +5km long structure warranting further investigation. Other areas being targeted for regional reconnaissance work include Copperado, Wollogorang and Siegal Gap. NTM is well advanced in progressing the requisite approvals for the various programs and has received expressions of interest and pricing from several well credentialed drilling contractors to undertake the planned programs. The commencement of the 2024 field season is currently scheduled for early July and is dependent on access after a very significant wet season.

09:17 EDT Vertex Pharmaceuticals expands drug discovery collaboration with Genomics - Vertex Pharmaceuticals announced a three-year extension of its collaboration with healthcare company Genomics to use human genetics and machine learning to improve the discovery and development of new precision medicines. The partnership, which began in 2018, was previously extended in 2021. The collaboration will now run until 2026. The companies have been working together to support Vertex's efforts to develop transformative medicines for serious diseases. To date, Genomics' work has focused on using improved understanding of human genetics to pinpoint causal disease pathways and processes, and to identify novel targets in known and newly identified pathways. As part of the extension, Genomics will expand the range of genomic insights it uses to support this work and expand the number of therapeutic areas under study. The partnership will now also explore using Genomics' proprietary genetic tools to improve identification of patient populations and to de-risk the selection of biomarkers for measuring early readout of drug efficacy.

09:16 EDT Amerant Bank named official bank of the Tampa Bay Rays - Amerant Bank announced a multi-year strategic partnership with the Tampa Bay Rays making Amerant Bank the "Official Bank" of the team. This is the fourth major sports franchise that has partnered with Amerant - the Florida Panthers, the Miami Heat, the Miami Marlins, and now the Rays. The partnership includes the Official Bank designation, as well as a robust presence of the Amerant Bank brand in numerous locations inside the stadium and during gameday radio broadcast. Also included in the agreement are numerous hospitality opportunities, use of the Rays Trademark for promotional purposes, and select advertising placements in digital and print.

09:12 EDT Sunoco LP, Energy Transfer LP form crude oil joint venture in Permian Basin - Energy Transfer LP (ET) and Sunoco LP (SUN) announced the formation of a joint venture combining their respective crude oil and produced water gathering assets in the Permian Basin. Energy Transfer will serve as the operator of the joint venture and contribute its Permian crude oil and produced water gathering assets and operations. Sunoco will contribute all of its Permian crude oil gathering assets and operations to the joint venture. Energy Transfer's long-haul crude pipeline network that provides transportation of crude oil out of the Permian Basin to Nederland, Houston, and Cushing is excluded from the joint venture. The joint venture will operate more than 5,000 miles of crude oil and water gathering pipelines with crude oil storage capacity in excess of 11 million barrels. Energy Transfer will hold a 67.5% interest in the joint venture with Sunoco holding a 32.5% interest. The formation of the joint venture has an effective date of July 1, and is expected to be immediately accretive to distributable cash flow per LP unit for both Energy Transfer and Sunoco.

09:07 EDT Spirit Airlines Honeywell appoints Richard Wallman to Board of Directors - Spirit Airlines (SAVE) has appointed Richard Wallman as its newest member of its board, effective July 16. Wallman served as CFO and SVP of Honeywell (HON), and its predecessor AlliedSignal, from March 1995 to July 2003. Prior to that, Wallman served in senior financial positions with IBM and Chrysler Corporation. He is currently a director of CECO Environmental., Charles River Laboratories International, and Roper Technologies.

09:06 EDT OceanPal announces agreement to acquire an MR2 Tanker Vessel - OceanPal announced that it has signed, through a separate wholly-owned subsidiary, a Memorandum of Agreement to acquire an MR2 tanker vessel, the m/t Zeze Start, for an aggregate purchase price of $27.0 million from an entity controlled by a director of the Company. The transaction was unanimously approved by the Company's Board of Directors and reflects OceanPal's view that it is the right time to diversify the Company's fleet so as to take advantage of opportunities in the product tanker sector. Commenting on the transaction, Robert Perri, the Company's Chief Executive Officer, stated that, "The Board's decision to enter the product tanker space at this time marks an exciting development in the Company's corporate strategy to operate a diversified fleet amid continued optimism in the product tanker sector."

09:06 EDT Clearmind Medicine obtains IND approval from FDA to start Phase I/IIa trial - Clearmind Medicine announced that the U.S. Food and Drug Administration, FDA, has cleared the Company's Investigational New Drug, IND, application for its proprietary MEAI-based CMND-100 oral capsule, allowing the Company to proceed with a Phase I/IIa clinical trial in the United States for treating patients with alcohol use disorder, AUD. While the Phase I/IIa clinical trial was already approved in Israel, clearance from the FDA will allow the trial to be initiated in the US. The Company has signed agreements to perform the Phase I/IIa clinical trial in leading universities in the United States, Yale School of Medicine's and the Johns Hopkins University School of Medicine. The Israeli trial will be conducted at the IMCA in the Tel Aviv suburb of Ramat Gan.

09:05 EDT Micron now sampling multiplexed rank dual inline memory module - Micron Technology is now sampling its multiplexed rank dual inline memory module. The MRDIMMs will enable Micron customers to run increasingly demanding workloads and obtain maximum value out of their compute infrastructure. For applications requiring more than 128GB of memory per DIMM slot, Micron MRDIMMs outperform current TSV RDIMMs by enabling the highest bandwidth, largest capacity with the lowest latency and improved performance per watt to accelerate memory-intensive virtualized multi-tenant, HPC and AI data center workloads The new memory offering is the first generation in the Micron MRDIMM family and will be compatible with Intel Xeon 6 processors.

09:04 EDT LPL Financial appoints Vyas as EVP, CTO of Infrastructure, Operations - LPL Financial (LPLA) announced the addition of Sushil "Sid" Vyas as Executive Vice President, EVP, and Chief Technology Officer , CTO, of Infrastructure and Operations. In his role, Vyas will oversee the stability and reliability of LPL's operating platforms. He reports to Greg Gates, Managing Director, Chief Technology and Information Officer, and is based at LPL's Fort Mill campus in South Carolina. Vyas joins LPL from Mizuho Americas (MFG) where he most recently served as chief technology officer of Mizuho America Services.

09:03 EDT Blackstone to acquire Trystar, terms undisclosed - Blackstone announced that private equity funds affiliated with Blackstone entered into a definitive agreement to acquire Trystar, a provider of electrical equipment used for backup power solutions. Trystar designs and manufactures critical electrical power solutions for data center, industrial, commercial, healthcare, and utility end markets.

08:55 EDT ECD Automotive Design launches online merchandise storefront - ECD Auto Design announced the launch of its online merchandise storefront. This new platform provides an exclusive range of ECD-branded apparel and accessories, crafted to resonate with the loyal community of ECD enthusiasts.

08:48 EDT NeoVolta announces joint venture partnership with Store Energy California - NeoVolta has announced a joint venture partnership with Store Energy California to bring state-of-the-art battery storage systems to low-income households across California. This initiative leverages state-funded incentive programs to ensure that families can access these vital technologies at no cost, enhancing their energy security and resilience. The collaboration between NeoVolta and Store Energy California aims to help low-income families utilize government programs to have battery storage installed in their homes. NeoVolta will provide cutting-edge batteries, renowned for being the longest-lasting and safest product available thanks to their superior Lithium Iron Phosphate chemistry.

08:47 EDT MGO Global sees 1H sales from Stand Flagpoles line up 12%-15% vs. last year - When the Company files its Quarterly Report on Form 10-Q with the U.S. Securities and Exchange Commission on or before August 14, 2024, MGO expects to report that total revenues from the sale of MGO's Stand Flagpoles' line of products for the first six months of 2024 will climb double digits on a percentage basis, rising in the range of 12%-15% as compared to the first six months of 2023. Maximiliano Ojeda, Co-Founder, Chairman and CEO of MGO, stated, "2024 is proving to be a very exciting, transformative year for MGO - and one in which our leadership team has remained dedicated to optimizing opportunities to create long-term, sustainable value for our fellow shareholders. The first half of the year has been an exceptionally busy period during which time we have successfully achieved numerous critical objectives. In June 2024, we entered into a strategic business combination agreement with Heidmar, a global, asset-light tanker pool, commercial and technical management company incorporated under the laws of the Republic of the Marshall Islands and headquartered in Greece. We believe this transaction provides a compelling and potentially transformative opportunity for our fellow MGO shareholders. The fundamental strength of Heidmar's business plan, historical financial performance including net income of $19.6 million for fiscal year ended December 31, 2023, growth outlook and respected reputation in the global maritime industry, matched with the proven experience of Heidmar's leadership team, should serve as force multipliers for attaining potentially significant value creation for MGO's shareholders in the months and years to come. MGO is very proud of our efforts to establish Stand Flagpoles as a respected niche digital brand which has continued to deliver solid performance since we first launched the patriotic-themed brand in March of 2023. It serves as a great example of MGO's approach to brand building and the strength of our digital commerce platform. In March of this year, we assigned all of MGO's rights and obligations under our global license agreement with Leo Messi Management to Centric Brands LLC, a global leading lifestyle brand collective, in a transaction that resulted in Centric paying MGO $2,000,000 in cash and assuming the obligation to pay 1.5 million Euros in aggregate royalty payments to Leo Messi Management in accordance with the terms and conditions of the license agreement. We are incredibly proud of our team's diligent efforts over the past several years, as they were behind making the Messi Brand a reality and a valued asset in MGO's portfolio of brands. We believe that our decision to enter into the transaction with Centric was the right business decision for our Company and the brand, as Centric has the deep resources necessary to take the Messi Brand to the next level. As we advance the business combination process with Heidmar towards our goal of closing in the second half of 2024, we look forward to what promises to be a very exciting future."

08:45 EDT Treasure Global collaborates with VCI Global, Cogia AG - Treasure Global announces its collaboration with VCI Global and Cogia AG to strategically plan the rollout of VCIG Secure Cogia Messenger, an integrated secure messenger application with a cryptocurrency wallet for the ZCITY App, enhancing communication and financial services for ZCITY's 3 million users. The strategic rollout introduces the VCIG Secure Cogia Messenger, a secure messenger application that combines military-grade encryption with an integrated cryptocurrency wallet. This initiative initially targets Treasure Global's 3 million ZCITY users, aiming to achieve 1 million active users rapidly. "Our ZCITY Super App is to be a unique digital ecosystem that revolutionizes and simplifies the e-payment experience for consumers through advanced AI-powered features. We are excited to offer our ZCITY users this innovative secure messaging and payment solution. This aligns perfectly with our mission to enhance the digital lives of our users and provide them with valuable, cutting-edge services," said Carlson Thow, CEO of Treasure Global Inc.

08:43 EDT Latham Group appoints Vaughan as CHRO - Latham Group announced that it has named Nikki Vaughan as Chief Human Resources Officer, CHRO. Vaughan will lead Latham's human resources organization, responsible for aligning Latham's talent strategy with the company's strategic business objectives. Most recently, Vaughan served as Chief People Officer at Sedron Technologies.

08:42 EDT Bigg Digital Assets doubles sales division amid digital asset sector expansion - As part of its strategic growth plan, BIG has doubled the size of its sales organization to help meet the interest and demand for on-chain tools and technology as the digital asset market grows. BIG seeks to penetrate new markets and strengthen its presence in existing ones. With a larger sales force, BIG can provide more personalized and responsive customer service, ensuring that clients receive the attention and support they need to maximize the value of BIG products. Our expansion aims to capitalize on the ever increasing market opportunities, drive broader adoption of its innovative product suite, and deliver an exceptional customer experience. BIG has seen rising institutional interest and investment in the digital assets space, increased regulatory clarity, and the recent launch of new ETFs in the United States. Additionally, the anticipation of more ETFs soon to be launched globally is creating a surge in demand for services like ours, as institutional investment firms seek robust solutions for compliance, intelligence, and analytics in the digital assets sector.

08:41 EDT Lucas GC receives invention patent in AI in China - Lucas GC has received an invention patent "Artificial Intelligence Enabled Prescriptive Persuasion Processes Based on Speech Emotion Recognition and Sentiment Analysis" in China. This is the second patent that Lucas has obtained in the year of 2024, making the total number of patents that Lucas holds at eighteen. This patent relates to methods and systems provided for the AI-based computer-aided persuasion system. The CAPS obtains content output by analyzing the user audio stream and the target audio stream using neural network models, and generates persuasion references that increase the acceptance likelihood of recommendations.

08:40 EDT ConnectM launches intelligent heat pump system - ConnectM Technology Solutions announced the launch of its new intelligent heat pump system designed for residential and light commercial use. This system integrates with ConnectM's Energy Intelligence Network and features an IoT-enabled AI engine powered by a large language model trained on proprietary and public data. The AI optimizes performance and efficiency, reducing energy costs and carbon footprint. The Energy Intelligence Network is ConnectM's comprehensive technology platform that monitors and manages electrified assets throughout their lifecycle and collects anonymized performance data to refine artificial intelligence models while continually improving network performance. This infrastructure enables OEMs, third-party service providers and consumers to work towards decarbonization and net zero goals.

08:37 EDT NetSol Technologies signs $16M agreement with major automaker - NETSOL Technologies has signed an agreement with a major automaker to transform its US dealership operations. The $16M, five-year contract is for the customization, implementation, deployment, and ongoing SaaS subscription of Otoz, NETSOL's omnichannel digital retail platform. "We are thrilled to collaborate with one of the world's leading automakers to enhance the car sales and purchase process for their dealerships and customers," said Naeem Ghauri, President NETSOL Technologies and Founder of Otoz. "Building off the recent US-market traction with MINI Anywhere and AutoNation Mobility, this new partnership is a monumental milestone for the Otoz platform, underscoring the transformative potential of NETSOL's competence in redefining digital retail experiences and aligning with the evolving demands of the automotive sector."

08:36 EDT Intuitive Machines qualifes VR900 engine for IM-2 lunar mission - Intuitive Machines has qualified the VR900 engine for its IM-2 lunar mission, which also advances the development of the Company's VR3500 engine for larger cargo class landers. Designed, 3D-printed, and tested in-house, the IM-2 VR900 engine completed a full-duration hot-fire test that confirmed increased engine performance utilizing efficient design modifications. Intuitive Machines engineers are applying the design modifications and quality processes to its larger engine system while completing the IM-2 mission lander's final assembly. The scalable VR900 engine uses an environmentally friendly mix of liquid oxygen and methane to support science and discovery payload deliveries to the Moon. Intuitive Machines first validated the proprietary propulsion system through the first-ever deep space ignition, followed by multiple restarts, repeatedly providing successful spacecraft maneuvers on the IM-1 mission in February 2024.

08:35 EDT Hoth Therapeutics expands Phase 2a of HT-001 trial for skin cancer - Hoth Therapeutics has received written approval from the GW University Hospital, UC Irvine and Northwell Health to proceed with its First-in-Human Phase 2a clinical trial of HT-001 for the treatment of skin toxicities associated with Epidermal Growth Factor Receptor Inhibitors. This Phase 2a dose- ranging study to investigate the efficacy, safety, and tolerability of topical HT-001 for the treatment of skin toxicities associated with EGFRi.

08:35 EDT SHF Holdings submits comments to DOJ on cannabis rescheduling - SHF Holdings it has submitted comments to the Justice Department, following its recent proposed rule to reclassify cannabis from Schedule I to Schedule III of the Controlled Substances Act, consistent with the view of the Department of Health and Human Services that cannabis has a currently accepted medical use as well as HHS's views about marijuana's abuse potential and level of physical or psychological dependence. For the past 54 years, cannabis has been categorized as a Schedule I controlled substance under the Controlled Substances Act. Schedule I drugs, substances or chemicals are defined as drugs with no currently accepted medical use and a high potential for abuse. The publication of this proposed rule initiates a public comment period that will remain open until July 22, 2024. Comments can be submitted electronically via the Federal eRulemaking Portal using the reference: 'Docket No. DEA-1362.'

08:33 EDT Reborn Coffee signs MOU to acquire Bbang Ssaem Bakery - Reborn Coffee announces the signing of a Memorandum of Understanding, MOU, to acquire Bbang Ssaem Bakery, one of Korea's most iconic bakery brands. This strategic move will upgrade Reborn Coffee's footprint into the coffee and bakery sector, enhancing its offerings and solidifying its position as a premier coffee & bakery franchise in the United States & South Korea.

08:32 EDT Apollo Global to acquire The Travel Corporation, terms not disclosed - Apollo and The Travel Corporation announced they have entered into definitive agreement for Apollo-managed funds to acquire TTC, which has been privately owned and operated for more than a century. The transaction is comprised of 18 leading brands, including Trafalgar, a leading escorted tour operator; Uniworld Boutique River Cruises, a luxury all-inclusive river cruise line; Contiki, youth travel specialist tour company; premium guided vacation company, Insight Vacations; as well as other global travel brands and supporting business entities. The transaction is subject to satisfaction of certain closing conditions, including regulatory approvals, and is expected to close in the fourth quarter of 2024. Certain brands are not included in the sale, notably The Red Carnation Hotel Collection. Financial terms of the transaction are not disclosed.

08:32 EDT SeaStar Medical announces receipt of Category B Coverage Letter from CMS - SeaStar Medical announces receipt of a Category B Coverage Letter from the U.S. Centers for Medicare & Medicaid Services, CMS, for the NEUTRALIZE-AKI pivotal trial evaluating the Company's Selective Cytopheretic Device, SCD, in adults with acute kidney injury, AKI. CMS will pay for certain expenses incurred by medical centers treating patients covered by Medicare or Medicaid who are enrolled in the trial, which will cover a portion of SeaStar Medical's trial-related costs. "We anticipate that CMS reimbursement will provide substantial overall cost savings for this trial while accelerating the activation of new sites, including several that have been waiting for this determination. With more trial sites activated we expect a meaningful acceleration in patient enrollment," said Eric Schlorff, SeaStar Medical CEO.

08:27 EDT JE Cleantech announces grant of temporary exception to remain listed on Nasdaq - JE Cleantech Holdings received a letter from the Listing Qualifications Department of The Nasdaq Stock Market. The Exception Letter gave the Company a temporary exception to regain compliance with The Nasdaq Stock Market's Listing Rule 5550(a)(2). The Exception Letter stated: Accordingly, the Company is granted an exception until December 6, 2024, to effect the reverse stock split and thereafter regain compliance with the Bid Price Rule, subject to the milestones outlined below. In the event the Company fails to regain compliance with the Bid Price Rule by that date, its securities will be delisted. On or before November 14, 2024, the Company shall obtain shareholders approval for a reverse stock split at a ratio that satisfies the minimum requirement in the Bid Price Rule; On or before November 21, 2024, the Company shall effect a reverse stock split and, thereafter, maintain a $1 closing bid price for a minimum of ten consecutive business days; On or before December 6, 2024, the Company shall have demonstrated compliance with the Bid Price Rule, by evidencing a closing bid price of $1 or more per share for a minimum of ten consecutive trading sessions. The Panel reserves the right to reconsider the terms of this exception based on any event, condition or circumstance that exists or develops that would, in the opinion of the Panel, make continued listing of the Company's securities on the Exchange inadvisable or unwarranted. In that regard, the Panel advises the Company that it is a requirement during the exception period that the Company provide prompt notification of any significant events that occur during this time that may affect the Company's compliance with Nasdaq requirements. This includes, but is not limited to, prompt advance notice of any event that may call into question the Company's ability to meet the terms of the exception granted.

08:26 EDT Catheter Precision completes patient follow-up for VIVO European Registry - Catheter Precision announced that the patient follow-up phase for the VIVO European Registry has concluded. The EU registry began in October 2021 and patient enrollment concluded in June 2023. As previously disclosed, the EU registry enrolled 125 patients with an aim to gather real world data about the use and benefits of VIVO, outside of a rigorous clinical study. The data serves multiple purposes including fulfilling European regulatory requirements for on-going data collection, publication of multi-center data, and future development of studies and improvements to the VIVO technology, including a demonstration of the accuracy and benefits of VIVO for pre-procedure planning of ventricular ablation. The data is expected to become available in Q4 2024. In addition to the conclusion of the EU Registry, Catheter Precision continues the ongoing studies it has previously disclosed as part of its commitment to gathering and publishing clinical data for the company's two product lines, VIVO and LockeT. The Company also announced additional initial evaluations of VIVO. During July, three new European hospitals are beginning product evaluations including Manchester University NHS, Wythenshawe Hospital, Institute for Clinical and Experimental Medicine, and Cardinal Massaia Hospital (Italy). In addition, two new US hospitals in California and Washington have been in-serviced and are scheduled to begin VIVO procedures this month as part of such initial evaluations.

08:20 EDT Iris Energy appoints Morgan Stanley as Financial Advisor - IREN (IREN) provided a business update. The Company announces it has appointed Morgan Stanley & Co. (MS) as financial advisor in connection with evaluating monetization opportunities in the AI data center market.

08:17 EDT Sezzle unveils Spanish-language capabilitiy on BNPL app - Sezzle unveils Spanish-language capability on its BNPL app and checkout, signaling a significant move towards inclusivity for Spanish-speaking users. With over 40 million Spanish-speaking Americans, this endeavor aims to offer accessible financial solutions to this demographic, aligning with Sezzle's mission to financially empower the next generation

08:16 EDT Vertiv Holdings to add ZincFive BC series UPS battery cabinets - Vertiv and ZincFive, NiZn battery-based solutions for immediate power applications firm, announced that Vertiv will add the ZincFive BC Series uninterruptible power supply UPS Battery Cabinets to its portfolio of battery systems available for data center backup power. ... The ZincFive BC Series UPS Battery Cabinets are now available from Vertiv in North America and Europe, Middle East and Africa...."Vertiv and ZincFive want to enable reliable and efficiently operated data centers around the world, providing greater access to data, with less waste and greater energy efficiency," said Vertiv senior director of Energy Storage, Milind Paranjape. "Vertiv has already deployed the ZincFive product at several sites for major data center companies." Paranjape also said the technology is an excellent solution for customers faced with challenges with local Authorities Having Jurisdiction (AHJs) regarding National Fire Protection Association or NFPA standards and the International Fire Code, IFC .

08:15 EDT Celldex initiates global Phase 3 program for barzolvolimab in CSU - Celldex Therapeutics announced the initiation of its global Phase 3 program, consisting of two Phase 3 trials designed to establish the efficacy and safety of barzolvolimab in adult patients with CSU who remain symptomatic despite H1 antihistamine treatment. The studies will also include patients who remain symptomatic after treatment with biologics. For patients with CSU, the activation of mast cells in the skin results in episodes of itchy hives, swelling and inflammation of the skin that can severely impact their daily lives for years or even decades. Treatment options are limited, particularly for patients not adequately controlled by omalizumab. Barzolvolimab, a novel monoclonal antibody, works upstream of other treatment approaches for CSU, targeting the root driver of the disease-mast cells-by blocking the receptor tyrosine kinase KIT, which is required for mast cell function and survival. EMBARQ-CSU1 and EMBARQ-CSU2 are designed to establish the efficacy and safety of barzolvolimab in adult patients with CSU who remain symptomatic despite H1 antihistamine treatment. Both Phase 3 trials are randomized, double-blind, placebo-controlled, parallel group, global studies where approximately 915 patients will be randomized evenly to barzolvolimab 150 mg every 4 weeks, barzolvolimab 300 mg every 8 weeks or placebo for 52 weeks. At 24 weeks, patients on placebo will be re-randomized to active treatment across both dosing groups. The primary endpoint of the study will evaluate the clinical effect of barzolvolimab in reducing urticaria activity at Week 12. The study is designed to detect a clinically meaningful difference between each of the active arms vs placebo in the overall population as well as in the subpopulation of omalizumab refractory participants.

08:12 EDT Humacyte appoints John Bamforth, Keith Anthony Jones to board of directors - Humacyte announced the addition of John Bamforth and Dr. Keith Anthony Jones to the Company's Board of Directors. John P. Bamforth, PhD has served as Executive Director of Eshelman Innovation, a translational innovation institute at the University of North Carolina-Chapel Hill, since 2019. Keith Anthony Jones, M.D., has served as the Chief Physician Executive of the University of Alabama at Birmingham Health System since 2017.

08:12 EDT Accenture to acquire retail technology services firm Logic, no terms - Accenture has entered into an agreement to acquire Logic, a retail technology services firm that works with retailers to drive customer loyalty, boost revenue and increase agility through the use of technology. With strong capabilities in merchandising, stores, digital, analytics and cloud, the acquisition of Logic will further enhance Accenture's ability to drive technology transformations for retail clients globally...Logic will expand Accenture's retail capabilities with the addition of essential skills in core technologies and platforms, as well as artificial intelligence and generative AI, to drive innovation for clients. This strategic move underscores Accenture's commitment to helping retailers transform their organizations with technology so that they can better navigate the evolving retail landscape with confidence....Completion of the acquisition is subject to customary closing conditions, including receipt of regulatory approvals. Terms of the transaction were not disclosed

08:11 EDT PLBY Group enters long-term license agreement for condoms - PLBY Group has entered into a new, multi-year global product license agreement with Thai Nippon Rubber Industry Public Limited Company granting TNR rights to design, produce, promote and distribute condoms and lubricating gel products using PLAYBOY trademarks through multiple online and retail channels. PLBY Group will receive royalty payments, including minimum guarantees, on products sold pursuant to the agreement. The new license agreement was entered into by PLBY Group and TNR concurrently with a settlement agreement pursuant to which the companies resolved a lawsuit between them in the U.S. District Court for the Central District of California. The lawsuit related to a prior license agreement pursuant to which TNR had manufactured and sold condoms under the Playboy brand. PLBY Group expects the dismissal of the lawsuit with prejudice to be entered by the court as soon as reasonably practicable. No party to the lawsuit admitted any liability or wrongdoing in connection with the settlement agreement.

08:10 EDT Ontrak adopts CHI framework to enhance care delivery - Ontrak announces the adoption of the Comprehensive Healthcare Integration or CHI, framework into its care delivery model. This advances Ontrak Health's commitment to delivering high quality, integrated, whole person care. The CHI model represents the most comprehensive clinical framework for integrating physical health, behavioral health, and social determinants of health within care delivery. Developed by the National Council for Mental Wellbeing in 2022, the CHI framework provides a robust foundation for implementing and measuring the progress of integrated healthcare services. The CHI white paper explains, "The evidence strongly suggests that people of all ages living with co-occurring PH, BH and SDOH needs have higher health costs yet experience poorer health outcomes. Emerging evidence suggests that more coordinated or integrated oral, mental health and substance use treatment services can increase access to needed care, improve patient outcomes and potentially reduce healthcare costs. The evidence further suggests that populations with co-occurring PH, BH and SDOH needs are likely to benefit from evidence-based integrated interventions in whatever setting they are best engaged, with more complex and high-cost populations generally requiring higher levels of service intensity." "With the adoption of the CHI framework we are unlocking the full potential of integrated care through our clinical programs," said Dr. Judith Feld, Chief Medical Officer of Ontrak Health. "We are proud to champion the evolution of care delivery, harnessing the power of integrated care to improve patient lives."

08:08 EDT U.K.'s CMA starts probe into Microsoft hiring former Inflection AI staff - The U.K.'s Competition and Markets Authority announced that it is investigating Microsoft's hiring of certain former employees of Inflection AI and its entry into associated arrangements with Inflection. "The CMA is considering whether it is or may be the case that Microsoft Corporation's hiring of certain former employees of Inflection and its entry into associated arrangements with Inflection has resulted in the creation of a relevant merger situation under the merger provisions of the Enterprise Act 2002 and, if so, whether the creation of that situation has resulted, or may be expected to result, in a substantial lessening of competition within any market or markets in the United Kingdom for goods or services." The regulator has until September 11 to decide whether or not it would refer the deal for a more in-depth investigation. Reference Link

08:07 EDT Armlogi Holding provided update on partnership with Massimo - Armlogi Holding (BTOC) provided an update on its strategic partnership with Massimo Group (MAMO), highlighting progress in their efforts to enhance vehicle storage and transportation services across the United States. The collaboration aims to streamline operations and improve service delivery to meet the rising demand in the power sports vehicle market. The Partnership has seen steady progress, with Massimo integrating its quality control standards into the operational framework of Armlogi's distribution processes. This integration is meant to elevate the quality and reliability of logistics services, ensuring that all products delivered through Armlogi's network meet Massimo's standards. As a result of the collaborative efforts with Massimo, Armlogi now independently manages their deliveries across various regions.

08:07 EDT Smith & Nephew announces 510(k) clearance for CATALYSTEM Primary Hip System - Smith+Nephew has received 510(k) clearance for its new CATALYSTEM Primary Hip System from the United States Food and Drug Administration. The system is designed to address the evolving demands of primary hip surgery including the increased adoption of anterior approach procedures and the expanding role of Ambulatory Surgery Centers.

08:05 EDT Esperion announces 'Lipid Lurkers' digital first marketing campaign - Esperion is on a mission to educate patients on the cardiovascular risks of uncontrolled or under controlled LDL cholesterol, an asymptomatic disease that "lurks" inside artery walls. "The Lipid Lurkers campaign was developed as a visual way to bring high LDL cholesterol to life and help patients understand and become better educated on the havoc that too much bad cholesterol is causing inside their artery walls," according to Eric Warren, CCO. "Of the multiple concepts tested, the Lipid Lurkers campaign was rated best among patients with high LDL-C on three key attributes: stopping power, impact, and motivation to ask their doctor about NEXLETOL and NEXLIZET." Esperion has adopted a "digital first" strategy enabling the company to gain the reach and frequency to generate increased awareness among the target audience. Digital channels, including search, direct, lifestyle, and programmatic display, social, and emails also allow the marketers to effectively measure what's working and where to optimize to achieve better growth within the key target audience. The Lipid Lurker characters will also be featured in point of care materials in HCP offices including waiting room videos and patient brochures. The campaign launched in April and initial results show that the campaign is reaching its target audience and having an impact. For the month of May 2024, the site recorded 190,000 clicks for more information generated from the campaign tactics.

08:04 EDT Genetic Technologies appoints Ziirsen as CFO, Company Secretary - Genetic Technologies (GENE) announces the appointment of Mark Ziirsen as Chief Financial Officer, CFO, and Company Secretary. Mark is a globally experienced ASX and Nasdaq listed CFO and company secretary with more than 25 years' experience operating across life sciences, technology and consumer segments that include senior finance leadership roles with major ASX listed companies including Cochlear (CHEOY).

08:03 EDT Annovis receives FDA approval to transition to new crystal form of buntanetap - Annovis Bio announced that it has received approval from the U.S. Food and Drug Administration, FDA, to transition to a new solid form of buntanetap in future clinical trials. In June 2024, Annovis announced the filing of a composition of matter patent for the new crystal form of buntanetap and a provisional patent for the manufacturing process of this new form. The Company conducted comprehensive bridge studies in various solvents and in animals, comparing the old semi-crystalline form with the new crystalline form of buntanetap. The FDA has now approved the continuation of buntanetap's development using the new crystal form. This positive response allows Annovis to conduct a comparative study between the old and new forms of buntanetap in a small, single-dose, bioavailability study in humans as part of the transition process.

08:02 EDT Kimberly-Clark names Craig Slavtcheff Chief Research and Development Officer - Kimberly-Clark has appointed Craig Slavtcheff as Chief Research and Development Officer, effective July 29. Slavtcheff will succeed Robert Long, who is retiring from the company after 45 years in the CPG industry, including the last three years at Kimberly-Clark. Slavtcheff most recently served as EVP, Chief R&D and Innovation Officer of Campbell Soup, where he led the R&D function, including strategy, product development, and corporate science and technology. Prior to that, he held senior roles at The Sun Products Corporation and Unilever. Slavtcheff will lead an R&D team of scientists focusing on proprietary, right to win spaces that build differentiated consumer preference and durable brand equity.

07:41 EDT Marimaca Copper announces C$68M investment by Assore International Holdings - Marimaca Copper and Assore International Holdings announced a C$68 million equity investment by AIH in Marimaca. The Strategic Investment consists of the acquisition of 9,417,210 common shares of Marimaca by AIH from an affiliate of Tembo Capital Mining GP Limited, Ndovu Capital XIV B.V., at a price of C$4.50 per Common Share for gross proceeds to Tembo Capital of C$42,377,445 pursuant to a share purchase agreement dated July 15, 2024 and the issuance of 5,725,000 units of the Company to AIH by way of a non-brokered private placement for gross proceeds of C$25,762,500 pursuant to a subscription agreement dated July 15, 2024. Each Unit consists of one Common Share and one half of one Common Share purchase warrant at a price of C$4.50 per Unit. Each Warrant will entitle AIH to purchase one additional Common Share at an exercise price of C$5.85 for a period of 18 months following the closing of the AIH Private Placement. Following completion of the Strategic Investment and the Additional Private Placement, AIH will own approximately 14.99% of the issued and outstanding Common Shares on a non-diluted basis and 18.07% of the Common Shares on a partially diluted basis. Prior to the Tembo Acquisition and the AIH Private Placement, AIH did not own any securities of Marimaca. The Unit subscription price represents a 15% premium to the 20-day volume weighted average price of the Common Shares on the Toronto Stock Exchange as of July 12, 2024. In addition, another investor will subscribe for 1,000,000 Units by way of private placement on the same pricing terms as the AIH Private Placement for gross proceeds of C$4,500,000. Proceeds from the Private Placements will be used to advance the development of the Company's flagship Marimaca Copper Project located in the Antofagasta region, Chile and for exploration work programs at key targets within the Company's regional land package,

07:39 EDT Brixton Metals options Atlin Goldfields Project to Eldorado Gold - Brixton Metals entered into a definitive option agreement with Eldorado Gold Corporation, whereby Eldorado has been granted the option to acquire 100%-ownership of the Company's Atlin Goldfields Project. The Project is a road accessible, 579 square kilometer mineral claim group located near the town of Atlin, British Columbia and is located within the traditional territory of the Taku River Tlingit First Nation. Highlights of the Option Agreement: During the 5-year option period, Eldorado shall fund C$1,000,000 in exploration expenditures per year beginning September 30th, 2024, for an aggregate spend of C$5,350,000; including an additional minimum commitment to fund C$350,000 of exploration expenditures on or before September 30th, 2024; Eldorado shall make cash payments to Brixton of C$250,000 per year for aggregate payments of C$1,100,000 during the Option Period; including an additional minimum payment of C$100,000 within 10 days of signing the Option Agreement; In addition, at the end of the Option Period, Eldorado shall have the right to exercise the Option to acquire 100%-ownership of the Project by making a cash payment to Brixton in the amount of C$7,000,000; where Brixton, at its election, may receive up to 50% of such payment in the form of common shares of Eldorado, subject to the prior attainment of the customary requisite regulatory approvals; Eldorado may, in its sole discretion, elect at any time during the option period to accelerate the payments or funding timetables for any of the earn-in requirements of the Option; Upon exercise of the Option by Eldorado, Brixton shall be granted a 1.0% net smelter return royalty, with Eldorado retaining an option to purchase half of Brixton's NSR for C$2,000,000 prior to the commencement of commercial production at the Project; and During the Option Period, Brixton shall be the Operator of the Project with Eldorado approving all work programs and budgets relating to the Project. Eldorado will also work closely and support Brixton with respect to ongoing environmental monitoring and community engagement efforts.

07:39 EDT Redwire gets follow on order for ROSA wings from Thales Alenia Space - Redwire announced it has secured a follow-on order to develop and deliver additional Roll-Out Solar Array or ROSA, wings for Thales Alenia Space's Space Inspire satellites, the company's newest product line of geostationary telecommunications satellites. A joint venture between Thales ...Thales Alenia Space is a leading prime manufacturer providing space solutions for telecommunications, Earth observation, exploration, and navigation. The follow-on order increases the total number of shipsets that Redwire will deliver based on its existing agreement with Thales Alenia Space. "Redwire is excited to further support Thales Alenia Space Inspire satellites, which are helping to connect the world via their ultra-flexible and robust capabilities. As a key supplier, we are focused on flawless execution and on-time delivery to ensure customer success," said Mike Gold, Redwire's Chief Growth Officer....development of Thales Alenia Space's Space Inspire product line is supported by the French national space agency CNES.

07:38 EDT Philip Morris to invest $600M to open manufacturing facility in Colorado - Philip Morris announced an investment of $600M over the next two years through one of its U.S. affiliates to open a manufacturing facility in Aurora, Colorado. The facility is expected to create 500 direct jobs with ongoing annual economic impact of $550M and an additional 1,000 indirect jobs for the State of Colorado as it produces Swedish Match Zyn nicotine pouches. PMI's U.S. affiliate plans to break ground on the new facility later this year and to begin preliminary operations by the end of 2025 with regular production starting in 2026. The construction phase of the project alone is expected to create nearly 5,000 jobs related to the building of the facility with nearly $1B in economic impact.

07:36 EDT Amesite launches PREACTO app in beta - Amesite announced that the beta registration is now available for PREACTO, a proprietary app designed for personal safety and security. The new web app uses AI to provide helpful and easy-to-use tools for people who want to make their safety and security a priority, allowing them to proactively assess threats, plan safe routes and activities, update law enforcement, notify their circle of family and friends, and more.

07:36 EDT Conduit Pharmaceuticals receives patent approval by IP Australia - Conduit Pharmaceuticals announced the approval of a composition of matter patent application by IP Australia, achieving successful examination of a patent on its lead asset, an HK-4 Glucokinase Activator which targets a wide range of autoimmune diseases. The Company is enrolled to participate in the Patent Prosecution Highway, a program to fast-track patent examination in major jurisdictions including the U.S., Europe and Japan. Since IP Australia has allowed patent application 2022384750, Conduit believes it is more likely to receive subsequent approvals in other markets. Patents in these major countries are the most sought after and valuable patents for marketed drug products, providing up to 20 years of patent protection.

07:33 EDT Evaxion Biotech showcases improved performance of EvaxMHC - Evaxion Biotech A/S showcases improved performance of its key building block, EvaxMHC, within its AI-Immunology platform, at the 32nd Intelligent Systems for Molecular Biology, ISMB, conference taking place in Montreal, Canada, from July 12-16, 2024. Christian Kanstrup, Evaxion's CEO, comments: "Our results demonstrate significant improvements in the prediction of peptide-MHC interactions, particularly for MHC class II molecules, which have historically been difficult to predict accurately... The improved EvaxMHC building block is used in the ongoing Phase 2 trial with Evaxion's lead vaccine candidate, the personal cancer vaccine EVX-01." Key highlights showcased at the presentation: A state-of-the-art deep-learning framework was utilized, enhancing the accuracy of peptide-MHC predictions; Our approach includes three new strategies: Creating a unified representation for both MHC class I and -II molecules, utilizing a deep transformer encoder-decoder architecture, and adopting a generative adversarial network pretraining mechanism; The updated EvaxMHC building block led to improved vaccine designs demonstrated in preclinical studies.

07:32 EDT Streamline Health expands RevID agreement with 400-bed children's health system - Streamline Health Solutions announced that it has expanded its contract for the use of RevID with a 425-bed, Oracle-EHR based health system and extended the term for an additional 5 years. "We are pleased with the continued trust our client places in our products and our team," stated Ben Stilwill, President and Chief Executive Officer, Streamline. "We look forward to supporting their quest to be accurately paid for all of the care they've provided and sharing their experience with future clients."

07:22 EDT Atlantica announces shareholder meetings to vote on acquisition by ECP - Atlantica Sustainable Infrastructure has published a scheme circular regarding the shareholder meetings to be held to consider and vote on the proposed acquisition of Atlantica by a private limited company incorporated in England and Wales. Bidco is controlled by Energy Capital Partners, a leading investor across energy transition, electrification and decarbonization infrastructure assets, and includes a large group of institutional co-investors. As set forth in the Scheme Circular, the Atlantica shareholder meetings for the Transaction will be held in London, UK on August 8, 2024. Algonquin Power & Utilities Corp. and Liberty, which hold approximately 42.2% of Atlantica's shares, have entered into a support agreement with Bidco pursuant to which Algonquin has agreed, subject to the terms of that agreement, to vote its shares in favor of the Transaction. The Atlantica Board of Directors unanimously recommends that Atlantica shareholders vote "FOR" each of the Transaction-related proposals at the shareholder meetings. Holders of record of Atlantica ordinary shares as of 6:30 p.m. on August 6, 2024 will be entitled to vote at the shareholder meetings. Atlantica shareholders are urged to read the Scheme Circular for more information, including how to vote at and, if applicable, attend the shareholder meetings.

07:20 EDT Howard Hughes appoints Bhupesh Arora as CTO - Howard Hughes Holdings (HHH) announced that Bhupesh Arora has been named the company's Chief Technology Officer. Mr. Arora will oversee technology strategy, development, and operations across the company's national portfolio of large-scale master planned communities and mixed-use properties. He most recently served as the Vice President, Information Technology at Magellan Midstream Partners (MMP).

07:14 EDT PNC Financial sees Q3 average loans stable vs. Q2 - Sees NII up 1%-2%; Fee income up 1%-2%; Other noninterest income $150M-$200M; Core noninterest expense up 3%-4%; Net charge offs $250M-$300M. All Q3 guidance vs. Q2. Comments taken from investor presentation slides for Q2 earnings conference call.

07:08 EDT Gilat Satellite awarded over $5M by National Defense Organization - Gilat Satellite Networks announced that a National Defense Organization awarded a multi-year contract for over $5M to one of the company's US-based subsidiaries, DataPath Inc. to upgrade their DKET terminals, transportable SATCOM network hubs. DataPath's multi-band tactical DKET terminals deliver the operational flexibility, capacity, connectivity, rapid deployability, and control required to support demanding communications in remote locations. DKET terminals deliver secure, reliable communications anywhere needed to establish network connectivity to support a mission with minimal manpower. "The upgrade of these terminals will provide this important National Defense Organization with continued dependable, high-performance connectivity," said Nicole Robinson, President of DataPath, Inc. "We understand the importance of their mission critical communications and are proud to be able to contribute to their success."

07:07 EDT QuickLogic expands distribution network with Spur Microwave - QuickLogic is pleased to announce a new distribution agreement with Spur Microwave. This partnership will significantly strengthen QuickLogic's presence and support for customers across the growing India market. Spur India is a prominent electronics distributor providing services and solutions for space, avionics, and other harsh environment applications where reliability is critical. They will now offer QuickLogic's innovative semiconductor products, including FPGAs and eFPGA Hard IP, throughout India. This collaboration ensures that customers in the region have direct access to QuickLogic's products, coupled with excellent service, to meet their demanding application needs.

07:06 EDT JinkoSolar to form a joint venture with RELC and VI in Saudi Arabia - JinkoSolar announced that its indirectly majority-owned subsidiary, JinkoSolar Middle East DMCC, has entered into a shareholders agreement with Renewable Energy Localization Company, a wholly-owned subsidiary of Public Investment Fund and the national champion in the manufacturing of renewable and green energy technologies, and Vision Industries Company, a limited liability company incorporated in Saudi Arabia which is a leading investor and developer of green energy industrial projects and local supply chains. Pursuant to the Agreement, Jinko Middle East, RELC and VI agree to form a joint venture in Saudi Arabia with Jinko Middle East, RELC and VI holding 40%, 40% and 20% equity interest, respectively. The formation of the joint venture is subject to customary preconditions, including obtaining the requisite regulatory approvals. The joint venture will build and operate a high-efficiency solar cell and solar module manufacturing facility in Saudi Arabia. The manufacturing facility is expected to have a total investment amount of approximately $1B, and will be funded through a combination of its internal funds and external financing. The detailed production plan and schedule for the manufacturing facility will be subject to market conditions. Upon production, the manufacturing facility is expected to achieve an annual production capacity of 10 GW for each of high-efficiency solar cells and solar modules.

07:06 EDT AC Immune announces three oral presentations at AAIC 2024 - AC Immune SA announced three oral presentations highlighting its precision medicine pipeline at the annual Alzheimer's Association International Conference, AAIC 2024, taking place in Philadelphia, PA, on July 28 - August 1, 2024. These posters include: Discovery and preclinical development of 18FACI-19626, a first-in-class TDP-43-PET tracer; Active immunotherapy, ACI-24.060, induces anti-Abeta antibodies with binding profiles mirroring clinically validated monoclonal antibodies; and A new class of neurodegenerative disease-fighting drugs: morADC.

07:04 EDT Match Group holder Starboard Value sends letter to CEO/board on opportunity - Starboard Value which holds approximately 6.6% of the outstanding common shares of Match Group announced it sent a letter to the Company's Chief Executive Officer, President & Chief Financial Officer, and Board of Directors regarding actionable opportunities for enhancing shareholder value. In addition, the letter lays out Starboard's view that Match should explore a sale in the event the Company's leadership is unable to execute on the prescribed value-enhancing initiatives.

07:03 EDT Genasys announces LRAD, CONNECT synergies driving demand - Genasys announced that LRAD and CONNECT synergies are driving demand from law enforcement and public safety agencies as they prepare for the return of students to campuses, national elections, and civil unrest. "Civil disturbances pose unique challenges and elevated risks for police officers, communities, infrastructure, and the public," said Richard Danforth, CEO of Genasys. "These situations can quickly escalate, making timely and accurate communication essential. Law enforcement communications tools must provide real-time updates and enable coordinated responses to maintain public order and the safety of all concerned.

07:02 EDT Sundial Growers announces restructuring project, headcount reduction of 106 - SNDL announced a restructuring project aimed at reducing corporate overheads and improving the efficiency of its organizational structure to position the company for future growth. The project is expected to deliver over $20M in annualized cost savings driven primarily by the optimization of corporate overhead spending, including the reduction in 106 full-time employees. The restructuring will require a one-time investment of $11M over the next 18 months. As part of these operational adjustments, SNDL is consolidating its Cannabis segments into a single unit under the leadership of Tyler Robson. This consolidation is intended to enhance efficiency, improve alignment and improve process speed within SNDL's vertical model. "This restructuring project and segment consolidation are critical steps in our journey towards better capital deployment, improved agility, focus, and profitability, and will free up resources to invest in profitable growth opportunities," said Zachary George, Chief Executive Officer of SNDL. "We are committed to enhancing our organizational effectiveness by streamlining processes while leveraging technology and automation." SNDL expects to achieve most of the anticipated annualized savings by mid-2025, while starting to capture some of the opportunities as early as Q3 2024.

07:02 EDT Orthofix appoints Stephanie Walsh as chief human resources officer - Orthofix (OFIX) announced the appointment of Stephanie Walsh as chief human resources officer. Walsh joins Orthofix from ResMed (RMD), where she served most recently as VP of transformation.

06:57 EDT Avino Silver & Gold Mines reports Q2 production 616,571 silver equivalent ounces - Avino Silver & Gold Mines reported second quarter production of 616,571 silver equivalent ounces. Silver equivalent production increased 5% to 616,571 ounces. Silver production increased 26% to 292,946 ounces. Copper production decreased 10% to 1.3M pounds. Gold production was flat at 1,514 ounces. Mill throughput decreased by 10% to 140,934 tons.

06:52 EDT Asensus Surgical's Senhance Surgery System selected by Austrian hospital - Asensus Surgical announced that LKH-Universitatsklinikum Graz in Austria has entered into an agreement to lease and utilize a Senhance Surgical System. LKH-Universitatsklinikum Graz is a healthcare institution known for its expertise in minimally invasive pediatric and adolescent surgery. This hospital will be the 7th pediatric-focused site to utilize the Senhance Surgical System using 3mm and 5mm instruments for a variety of minimally invasive procedures.

06:31 EDT CGI awarded contract by city of Austin, Texas - CGI announced the award of a contract with the City of Austin, Texas, for an upgrade of the city's enterprise resource planning systems to the latest version of CGI Advantage, a cloud-based, built-for-government solution that integrates financial, vendor self-service, and procurement in a modern, unified platform. Continuing a long-term partnership with the city, CGI will introduce new features, including grants lifecycle management and other business processes that enable greater efficiency and cost savings for Austin's municipal government.

06:04 EDT KBR to acquire LinQuest for $737M, sees accretion - KBR announced it has entered into a definitive agreement to acquire LinQuest Corporation. LinQuest is an engineering, data analytics and digital integration company. The transaction is expected to be accretive to adjusted EPS, which excludes amortization from purchased intangible assets and non-recurring transaction costs. The transaction has been unanimously approved by the KBR board of directors and is subject to certain regulatory approvals prior to closing. The purchase price is $737M, inclusive of modest expected tax benefits, which represents a FY25 adjusted EBITDA multiple of just over 11x. KBR will utilize a combination of cash and existing debt capacity to fund the transaction, which is expected to close in Q3 or Q4 this year.

06:02 EDT Nkarta announces senior leadership changes - Nkarta announced changes to its leadership team. Nadir Mahmood, Ph.D., will join Nkarta as President this month, sharing executive leadership responsibilities with Paul Hastings, who continues in his role as CEO. Additionally, Nkarta has broadened the role of David Shook, M.D., to Chief Medical Officer, Head of Research & Development. Drs. Mahmood and Shook will both report to Hastings. The company expects to announce preliminary data from the Ntrust-1 and Ntrust-2 clinical trials data in 2025.

05:43 EDT UK watchdogs probe competitiveness of digital wallets from Apple, Google, PayPal - The U.K.'s Payments Systems Regulator and Financial Conduct Authority are probing the competitiveness of digital wallets from Apple (AAPL), Google (GOOGL), PayPal (PYPL), and others, and risks the wallets pose to consumers and businesses. "The use of digital wallets has grown rapidly over the last few years, and it's likely that more than half of UK adults now use one. With Apple Pay, Google Pay and PayPal being three of the most widely used digital wallets in the UK today, digital wallets have become an increasingly important touchpoint between big tech firms and UK consumers. The regulators are therefore keen to better understand the impact on consumers and businesses that digital wallets' increasing popularity creates, including: the range of benefits that digital wallets bring for service users whether there are any features that mean payments don't work as well as they could for consumers and/or businesses their role in unlocking the potential of account-to-account payments and how they could impact competition between payment systems; and whether digital wallets could raise any significant competition, consumer protection or market integrity issues, either now or in the future." The regulators said they will analyze all responses received and provide an update by Q1 2025. Reference Link

05:31 EDT Allegiant Travel announces eight new nonstop routes to 13 cities - Allegiant Travel announced eight new nonstop routes to 13 cities around the country. The company is offering one-way fares on the new routes as low as $39. The routes, launching in November, will provide air service to vacation destinations. These additional routes come at a time of high demand. With many travelers being mindful of their spending, Allegiant is committed to providing budget-friendly options that allow customers to enjoy their dream vacation without breaking the bank.

05:27 EDT Vaalco Energy provides additional information regarding acquisition of Svenska - Vaalco Energy announced that it has filed a Form 8-K/A with the SEC that provides historical financial statements and additional reserves disclosures regarding its acquisition of Svenska Petroleum Exploration. As previously disclosed, Vaalco closed the acquisition of Svenska on April 30. Svenska's primary asset is a 27.39% non-operated working interest in the deepwater producing Baobab field in Block CI-40, offshore Cote d'Ivoire in West Africa. The net purchase price of $40.2M was fully funded by cash on hand with no issuance of debt or equity. At the time of initial announcement of the acquisition, Vaalco disclosed that the transaction included estimated 1P WI CPR reserves, as of October 1, 2023, of 13.0 MMBOE and total 2P WI CPR reserves at October 1, 2023, of 21.7M MMBOE; Vaalco at that time did not have a calculation of SEC proved reserves as of December 31, 2023 but has since worked with its third-party reserves auditors to calculate its SEC proved reserves and related Standardized Measure of Discounted Future Net Cash Flows as of that date utilizing a flat SEC pricing assumption of $83.06 per barrel of oil. In the SEC filing, Vaalco reported that SEC net proved reserves as of December 31, 2023 totaled 16.9 MMBOE. The Standardized Measure of those reserves as of December 31, 2023 totaled $107.1M. On a pro-forma basis, this results in Vaalco's year-end 2023 pro-forma SEC net proved reserves totaling 45.6 MMBOE, a 59% increase from its reported yearend 2023 SEC net proved reserves of 28.6 MMBOE. Utilizing the net cash purchase price of $40.2M, Vaalco paid approximately $2.37 per net proved barrel of reserves. 2P WI CPR reserves for Svenska as of December 31, 2023 are estimated at 22.5 MMBOE compared with the previously disclosed 21.7 MMBOE as of October 1, 2023. The discounted value of the future cash flows from those reserves as of December 31, 2023 totaled $240.9M. The pricing assumptions used in these CPR calculations was $79.79 per barrel of oil beginning in 2024, $69.79 in 2025, and inflating 2% thereafter. Vaalco notes that 2P reserves do not include significant upside from contingent resources at the Baobab field. Block CI-40 also includes the discovered but undeveloped Kossipo field, for which the company will update the contingent resources with its third-party reserves auditors in due course.

05:18 EDT Emirates SkyCargo orders five more Boeing 777 freighters - Boeing and Emirates SkyCargo announced an order for five additional 777 Freighters as the operator again picks the world's most capable twin-engine freighter to meet growing cargo demand. The new purchase takes Emirates' order book to 245 Boeing widebody airplanes, including 10 777 Freighters. Emirates SkyCargo is the cargo division of Emirates, the world's largest international airline. Its investment in the 777 Freighter will boost main deck cargo capacity 30% by 2026. In all, Emirates' freighter fleet will grow to 17 airplanes - including 777 Freighters, 777 converted freighters and 747 Freighters.

05:13 EDT Mercantile Bank increases regular cash dividend to 36c per share - Mercantile Bank announced that on July 11, its board of directors declared a regular quarterly cash dividend of 36c per common share, payable on September 18 to holders of record as of September 6. The 36c cash dividend represents increases of nearly 3% and 6% from the cash dividends paid during the second quarter of 2024 and third quarter of 2023, respectively.