July 2019 - NetworkNewsWire

WednesdayJul 31, 2019 2:01 pm

Markets Riding Wave of Optimism to Record Highs in 2019

The Dow Jones Industrial Average is up roughly 16.6 percent YTD; it was up just 2.4 percent through the same period in 2018 Analysts partially attribute this performance to the actions of the Fed, whose chairman expressed “sensitivity to the message that the markets are sending” in early January The S&P 500 closed Q1 up 13.1 percent, marking the best first quarter performance for the index since 1987 U.S. financial markets recorded strong growth throughout the first half of 2019, despite trade tension with China and continued uncertainty from Fed Chair Jerome Powell regarding the timing of upcoming rate adjustments.…

WednesdayJul 31, 2019 12:41 pm

Trxade Group Inc. (TRXD) Reports Ongoing Revenue Records in Second Quarter Financial Filing

Trxade Group reported record revenues of over $1.9 million in its second quarter filing, as well as increased operating income and net income obtained through its acquisition of independent pharmacy services Trxade Group is a pharmaceutical services network dedicated to helping independent pharmacies remain competitive through its web-based purchasing platform, data analytics and delivery services Trxade also reported a year-over-year increase in operating income, from $31,446 to $132,705, and net income, from $20,513 to $57,981 Gross profits rose to more than $1.1 million, with a gross margin of 60.7 percent offset by increased cost of sales from one of the…

WednesdayJul 31, 2019 11:40 am

Evolving Telecommunications Industry Providing Fertile Ground for Spectrum Global Solutions Inc. (SGSI) and its End-to-End Network Services

The home video services industry is undergoing a significant evolution, as younger consumers increasingly edge away from traditional cable TV and gravitate toward streaming services that are viewable on mobile devices End-to-end network technology provider Spectrum Global Solutions has positioned itself well to meet the evolving industry’s infrastructure and ongoing maintenance needs The company serves clients large and small throughout the United States and its territories, including telecommunications giants such as Ericsson, Nokia, Sprint, AT&T and Verizon SGSI’s acquisition of German energy infrastructure technology company WaveTech GmbH further positions its operations to respond to clients on an international scale Online…

WednesdayJul 31, 2019 10:50 am

Nabis Holdings Inc. (CSE: NAB) (OTC: NABIF) (FRA: 71P) Enters California Cannabis Market with Dispensary in Southern Desert

Cannabis industry investment builder Nabis Holdings has purchased Desert Hot Springs’ Desert’s Finest dispensary The new asset gives Nabis an entry point into the world’s largest cannabis industry market, and it is strategically located near the annual Coachella Music Festival Nabis envisions revenues of C$14.8 million this year with a leap to C$167.9 million next year, translating into forecasts of C$4.1 million in profits this year and C$67.5 million in 2020 The remarkable rise of the cannabis industry and its variety of sectors has created a sea change in some market metrics, drawing investors’ risk capital from last year’s newsmakers…

TuesdayJul 30, 2019 12:16 pm

FinovateFall 2019 to Focus on the Future of Fintech in World’s Financial Capital

What better place than New York City, the world’s financial capital, to foretell the future of fintech? It was in the Big Apple, after all, that securities trading got underway in earnest with the formation of the New York Stock & Exchange Board, the precursor to today’s New York Stock Exchange. Come September, the Finovate conference series will continue to foster that spirit of innovation and enterprise as FinovateFall 2019 makes its way to NYC. The event will take place at the New York Marriott Marquis on Broadway. The main conference runs September 23-25, 2019, with an additional summit day…

TuesdayJul 30, 2019 11:58 am

FWD Pharma Presents Digital Communications 101 for Execs in Biotech, Health Care and Life Sciences

A paradox of the Information Age is that more information often results in less communication – one of the reasons that Lincoln Health Network is hosting FWD Pharma, August 6-8 in Philadelphia. The three-day conference will focus on helping executives at life science companies and health care providers incorporate digital information technologies into their business models. The conference’s emphasis on communicating with constituents will be of interest to entities leading initiatives in brand and product management, customer-relationship management, digital and multichannel marketing, and social media marketing and management. For chief medical officers (CMOs), directors, heads of department and other executives,…

TuesdayJul 30, 2019 11:19 am

Pressure BioSciences Inc.’s (PBIO) Entry into CBD Market Aims Next-Gen Nanoemulsification Platform at Critical Water-Solubility Issues

PBIO’s proprietary Ultra Shear Technology (UST) platform achieves the long sought-after ability to create truly water-soluble CBD oil that can provide optimized bioavailability CBD sales are projected to reach $89 billion by 2024 with a CAGR of 37 percent (2018-2024 forecast period) Analysts predict that the biggest short-term challenge for CBD businesses will be oversaturation and stiff competition in the marketplace; companies producing the highest-quality, most bioavailable CBD products are expected to earn top customer loyalty Finding success in the lucrative yet ultra-competitive CBD industry is a daunting challenge for businesses in the space, with oversaturation in the marketplace being…

TuesdayJul 30, 2019 10:43 am

City View Green Holdings Inc. (CSE: CVGR) Strengthening Finance Strategy, Constructing Cannabis Production Facility Near Toronto

City View Green Holdings is completing the construction of a 40,000-square-foot cannabis cultivation facility in the Toronto-area following an all-clear notice from Health Canada under its new licensing regulations City View began trading on the Canadian Stock Exchange in March and has recently cleared more than half a million dollars in debt as part of efforts to strengthen its financial profile The company expects its 19.9 percent stake in Canadian retailer Budd Hutt to provide it with an avenue for gaining shelf space in Alberta and for other retail opportunities across the country CVGR’s fledgling operation has the benefit of…

MondayJul 29, 2019 3:24 pm

Experience HERC Technology Live at Blockchain Futurist Conference by Tracking Produce, Artwork, Insurance and Collectibles Onsite

One of the emerging strengths of the blockchain platform is how it enables agricultural companies to track the produce supply chain from farm to table. This is key in an era when frequent reports about tainted food and E. coli outbreaks have heightened concerns over food sourcing. Blockbuster marketing and strategy firm Untraceable recognizes this technological power and has harnessed it as preparations are made for the second annual Blockchain Futurist Conference, which will take place Aug. 13-14 at Toronto’s premier Rebel Entertainment Complex & Cabana (http://nnw.fm/9gmQb). Last year, more than 2,300 participants helped inaugurate the multi-day event, which celebrates…

MondayJul 29, 2019 1:42 pm

Voice of Blockchain to Gather ‘Cream of the Crop’ for Largest Digital Asset Event

The second annual Voice of Blockchain, set for September 30 to October 1 in the Windy City, is shaping up to set the standard for blockchain networking events. Event speakers and sponsors include some of the best-known influencers and leaders in artificial intelligence (AI), financial services, health care, gaming and eSports, insurance and Internet of Things (IoT), as well as investment management, mass transportation, media, real estate, supply chain solutions and other fields associated with blockchain technology. As a result of the impressive agenda, more than 1,000 attendees are expected. Participants will be hard-pressed to choose from the 98 individual…

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Month: July 2019