Reply To: Traders Market Weekly: Market Corrections, When the Rubber Meets the Road


3M (MMM) acquires LeanTec; financial terms not disclosed
Accel Entertainment (ACEL) announces that Mathew Ellis has been named Chief Financial Officer of Accel, effective May 1, 2022
Actinum Pharma (ATNM) highlighted data from full patient enrollment in the pivotal Phase 3 SIERRA trial of Iomab-B
Activision Blizzard (ATVI): NLRB rules workers at its Raven Software unit are eligible for union election, according to Washington Post
Afya (AFYA) was notified that Bertelsmann affiliate will increase stake in Afya
Akamai Tech (AKAM) launched a managed database service powered by Linode with support for MySQL, PostgreSQL, Redis, and MongoDB
Alcon (ALC) SMARTCataract demonstrates enhanced efficiency and time savings for cataract surgeries
Applied Molecular Transport (AMTI) announces positive top-line phase 2 results from Fillmore trial of oral AMT-101 in patients with chronic pouchitis
Arrowhead (ARWR) has formed a joint venture, Visirna Therapeutics, with Vivo Capital to expand the reach of innovative medicines in Greater China
Athira Pharma (ATHA): Ric Kayne publishes investor presentation highlighting urgent need for changes to Athira’s Board of Directors
Avadel Pharmaceuticals (AVDL) announces the presentation of interim data from the ongoing RESTORE open-label extension/switch study of FT218
Bayer AG (BAYRY) Chairman W. Baumann speech ahead of this week’s Annual Stockholder Meeting; expects to maintain good growth in business, sees much more positive market envm’t than in previous years
Bausch Health (BHC) presents data from first pivotal Phase 3 trial of investigational treatment NOV03 (Perfluorohexyloctane); NOV03 met both primary endpoints
Block (SQ): Jack Dorsey changes title from “CEO, President and Chairperson” to “Block Head and Chairperson,” effective immediately. There will be no changes in Mr. Dorsey’s roles and responsibilities
Broadcom’s (AVGO) under antitrust scrutiny from the FTC again, according to The Information
Cango (CANG) announced the declaration of a special cash dividend and a new share repurchase program
CBAK Energy Technology (CBAT) provides update on HFCAA status
CEMEX S.A. (CX) has successfully tested a process that converts flue gases emitted by the cement kiln into carbon nanomaterials, thereby transforming “bad” carbon into “good” carbon
Change Healthcare (CHNG): UnitedHealth (UNH) to sell claims editing business of Change Healthcare for a base purchase price of $2.2 bln
Cian PLC (CIAN) announced that Mr. Dmitriy Grigoriev, the Chief Product Officer will assume the position of the Chief Executive Officer effective May 30
Credit Suisse (CS) could make some changes to senior management, according to Reuters
Crown will construct a new high-speed aluminum line at its Agoncillo, Spain beverage can facility
Delek Logistics Partners (DKL) increases quarterly cash distribution to $0.98/common limited partner unit
Eiger BioPharmaceuticals (EIGR) announced the publication of data demonstrating that treatment with avexitide significantly reduced the likelihood of fasting and protein-induced hypoglycemia in patients with congenital hyperinsulinism
Equillium (EQ) announces three poster presentations at the transplantation & cellular meetings of the ASTCT and CIBMTR
ERYTECH Pharma (ERYP) sells U.S. manufacturing facility and enters long-term supply agreement with Catalent (CTLT)
Esperion Therapeutics (ESPR) announces support for a study to evaluate the effects of bempedoic acid and ezetimibe on short-term LDL-cholesterol lowering in patients following a recent acute coronary syndrome event
Faraday Future Intelligent Electric (FFIE) announces Brembo as the main supplier of full brake caliper assembly for its ultimate intelligent techluxury FF 91 EV
Flutter Entertainment’s (PDYPY) FanDuel Group announces multi-year partnership renewal to become An Official Sports Betting Partner of the New York Yankees
Foxconn (FXCNY) plant still operating despite lockdowns, according to Bloomberg
Gamida Cell (GMDA) announces the results of a new study demonstrating the potential impact of access to omidubicel on health disparities in allogeneic hematopoietic stem cell transplant
General Motors (GM) to introduce new electrified Corvette next year – CNBC
General Motors (GM) follow up to reports compony will roll out Corvette EV next year
Genius Group (GNS) appoints Brad Warkins as Chief Operating Officer of the Company, effective April 25, 2022
Gilead Sciences (GILD): Several new studies presented at ECCMIC 2022 confirm Veklury activity in treating COVID-19
Gilead Sciences (GILD): FDA approves first COVID-19 treatment for young children to include pediatric patients 28 days of age and older
Gossamer Bio (GOSS) announces topline results from its Phase 2 SHIFT-UC Study clinical trial studying GB004 in patients with mild-to-moderate active ulcerative colitis
Helen of Troy (HELE) announced that one of its subsidiaries has acquired Recipe Products Ltd; total purchase consideration, net of cash acquired, was $150.0 mln in cash
Honeywell (HON) engine/power systems technology selected by Lockheed Martin (LMT) Sikorsky-Boeing (BA) for its DEFIANT X helicopter, currently a contender to win the U.S. Army’s Future Long-Range Assault Aircraft competition
Hyatt (H) ends relationship with Russian hotel owners, according to Financial Times
ICL Group (ICL) details litigation updates
IMAX (IMAX) and Major Cineplex announce plans to expand partnership with an agreement for three new IMAX with Laser systems in Thailand
Inotiv (NOTV) announced the acquisition of Histion effective April 25; no financial terms disclosed
Intra-Cellular Therapies (ITCI) announces that the U.S. Food and Drug Administration approved two new dosage strengths of CAPLYTA, 10.5 mg and 21 mg capsules, to provide dosage recommendations for patients concomitantly taking strong or moderate CYP3A4 inhibitors, and 21 mg for patients with moderate or severe hepatic impairment
IronNet (IRNT) intends to restate its financial statements
Kimbell Royalty Partners (KRP) raises cash distribution payment to $0.47/common unit from $0.37/common unit
Knight-Swift (KNX) announces that its board of directors approved the repurchase of up to $350 mln of the Company’s outstanding common stock
Kohl’s (KSS) spikes to highs with NY Post reporting potential JCPenney owners bid
Lockheed Martin (LMT) reaches deal with union over Texas plant, according to Bloomberg
Merck (MRK) receives positive EU CHMP opinion for KEYTRUDA plus chemotherapy as neoadjuvant treatment, then continued as adjuvant monotherapy after surgery for locally advanced, or high-risk early-stage triple-negative breast cancer
Meta Platforms (FB): EU confirms political agreement reached between the European Parliament and EU Member States on the proposal on the Digital Services Act
Mondelez Int’l (MDLZ) to acquire Mexico confectionery company Ricolino from Grupo Bimbo for ~$1.3 billion
Nektar Therapeutics (NKTR) present preclinical data on NKTR-255, a novel IL-15 receptor agonist, in combination with CAR Cell therapies
NeoGenomics (NEO) announces partnership with Eli Lilly (LLY) for lung cancer sponsored testing program utilizing the NeoTYPE DNA and RNA Assay
NetScout Systems (NTCT) announces that on April 21, 2022, a jury in the United States District Court for the Eastern District of Texas returned a verdict of non-infringement in favor of NETSCOUT against patent assertion entity Longhorn HD, LLC
NexGen Energy (NXE) signed Impact Benefit Agreement with the Clearwater River Dene Nation covering all phases of the Rook I Project
Nkarta (NKTX) announces positive preliminary dose finding data for two lead engineered natural killer cell programs
Ocugen (OCGN) announces positive DSMB recommendation for OCU400-101 clinical trial
Otis Worldwide (OTIS) increases its quarterly dividend 20.8% to $0.29/share
Pfizer (PFE) announced voluntary nationwide recall of lots of ACCUPRIL (Quinapril HCl) due to N-nitroso-quinapril content
Public Storage (PSA) provides update in relation to acquisition of PS Business Parks (PSB); expects to receive ~$2.7 bln of cash proceeds and recognize a $2.3 bln tax gain on sale
PS Business Parks (PSB) to be acquired by affiliates of Blackstone Real Estate (BX) for $7.6 bln or $187.50/share in cash (PSB halted)
Revlon (REV) announces $25 mln at-the-market equity offering program
Sapiens Int’l (SPNS) and Mindtree announce partnership to lower risks & accelerate change processes for insurers
Sorrento Therapeutics (SRNE) has received clearance from the FDA for its investigational new drug application for intravenous STI-9167 to study the safety and pharmacokinetics in healthy volunteers
Sorrento Therapeutics (SRNE) majority-owned subsidiary Scilex to expand direct distribution network
SpartanNash (SPTN) has expanded its specialty and local food selection for independent grocers and customers across the U.S. through a strategic partnership with Specialty Food Partners and a new online platform called SpartanNash SpecialtyDirect
Sterling Construction (STRL) announced that its E-Infrastructure Solutions segment reported new awards totaling $278 million during the first quarter of 2022
Tata Motors (TTM) announced a price increase across its passenger vehicles, to partially offset the rise in input cost
Tower Semi (TSEM) shareholders approve Intel (INTC) merger at Extraordinary General Meeting; still subject to certain regulatory approvals and customary closing conditions
Turtle Beach (HEAR): The Donerail Group Highlights the Egregious Compensation History Approved by the Turtle Beach Board of Directors and Believes the Board Has Lost Credibility with Shareholders
Twitter (TWTR) confirms definitive agreement to be acquired by entity wholly owned by Elon Musk for $54.20 per share in cash in a transaction valued at ~$44 bln
United Airlines (UAL) and Singapore Airlines expand codeshare arrangements to include 19 new destinations
Ultrapar Participacoes (UGP) consolidated investment plan for 2022, considering continuing operations, totals R$ 1,672 million, an amount greater than that invested in the last two years
Valneva SE (VALN) Provides regulatory update on its inactivated COVID-19 vaccine candidate
Ventas (VTR) Confirms End of Proxy Contest Following Withdrawal of Nominations by Land & Buildings
Ventas (VTR): Land & Buildings issues statement on Ventas
Veru (VERU) Announces Oral Late-Breaking Presentation of Phase 2 Data of Sabizabulin for the Treatment of Hospitalized Severe COVID-19 Patients at High Risk for Acute Respiratory Distress Syndrome at the 32nd European Congress of Clinical Microbiology & Infectious Diseases
Vulcan Materials (VMC) provided an update with respect to its Mexican operations
Wells Fargo (WFC) issues the following statement responding to comments made at a press conference by plaintiffs’ attorneys Ben Crump, Linda Friedman, and Suzanne Bish
WW (WW) announces restructuring plan, which includes an organizational realignment and reduces real estate portfolio; plan eliminates COO position; current COO Nicholas Hotchkin to depart on April 22