Breaks Categories: News

MondayMar 16, 2020 10:27 am

NetworkNewsBreaks – Ideaya Biosciences, Inc. (NASDAQ: IDYA) Featured in ROTH Equity Research Report

Ideaya Biosciences, Inc. (NASDAQ: IDYA) was featured in a recent equity research report published by ROTH Capital Partners LLC. The report reads, “We are initiating coverage of Ideaya with a Buy rating and $12 PT. Ideaya is a biotech company developing a pipeline of synthetically-lethality preclinical candidates, in addition to an in-licensed PKC inhibitor (IDE196|LXS196) from Novartis (NVS-NC) for the treatment of GNAQ|GNA11 mutant solid tumors. Data from a Phase 1/2 study of IDE196 is expected during 2Q|3Q 2020, and Ideaya's first syntheticallly lethal drug candidate should enter the clinic in 2H20. Below we highlight four reasons we like the…

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MondayMar 16, 2020 10:17 am

NetworkNewsBreaks – Medallia, Inc. (NYSE: MDLA) Featured in ROTH Equity Research Report

Medallia, Inc. (NYSE: MDLA) was featured in a recent equity research report published by ROTH Capital Partners LLC. The report reads, “MDLA's 4QF20 results were strong, with revenues and earnings both much better than anticipated. In our view, Medallia's strong growth and ability to support breakeven PF operating income should support a premium valuation. Instead, macro concerns related to COVID-19 have seen shares decline nearly 60%. We expect MDLA's valuation to return to pre-COVID levels once U.S. infection incidents wane (as China has already begun) and as such we reiterate our Buy rating and $52.00 price target.” To request access…

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MondayMar 16, 2020 10:07 am

NetworkNewsBreaks – Reed’s, Inc. (NASDAQ: REED) Featured in ROTH Equity Research Report

Reed's, Inc. (NASDAQ: REED) was featured in a recent equity research report published by ROTH Capital Partners LLC. The report reads, “We view CY20E as a visible, solid growth year with the potential for strong upside driven by the introduction of Reed’s Real Ginger Ale, production of which is underway. REED’s ginger ale offering is launching in ~6,000 accounts versus Reed’s Zero Extra which began with ~1,000 accounts. We view BH19 as a transition period amending supply chain issues, refocusing SKU offerings and tightening marketing efforts, which combined to create a multi-year company/stock setup beginning in the current quarter. Maintain…

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MondayMar 16, 2020 10:00 am

NetworkNewsBreaks – PowerBand Solutions Inc. (TSX.V: PBX) (OTCQB: PWWBF) (FRA: 1ZVA) Receives Additional Investment from D&P Holdings

PowerBand Solutions (TSX.V: PBX) (OTCQB: PWWBF) (FRA: 1ZVA) this morning announced that Texas-based D&P Holdings, Inc., one of the United States' largest administrators of automotive warranty and insurance products, will exercise its option to invest an additional USD $2.5 million into PowerBand's Canadian leasing division, bringing its potential investment to $12.5 million. “I want to assure investors that PowerBand continues its progress to create a platform that will revolutionize how people buy, sell, lease and trade cars and trucks,” PowerBand CEO Kelly Jennings stated in the news release. “This further investment and vote of confidence by D&P, one of America's…

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MondayMar 16, 2020 9:43 am

NetworkNewsBreaks – Champignon Brands Inc. (CSE: SHRM) Enters Definitive Agreement to Acquire Craft Mushroom Cultivator Artisan Growers Ltd.

Champignon Brands (CSE: SHRM), a wellness company specializing in medicinal mushroom and mushroom-infused products, continues to advance its vertical integration through the addition of craft mushroom production, manufacturing and research capabilities. On Friday, the Company announced its entry into a definitive agreement to acquire Artisan Growers Ltd., a British Columbia based craft mushroom cultivator and supplier. Artisan Growers utilizes a variety of techniques and infrastructure to produce premium craft mushrooms, operating a craft cultivation facility capable of producing an assortment of organic varietals including Lion’s Mane, Chaga, Reishi and Agaricus Blazei. According to the update, Champignon plans to integrate Artisan…

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MondayMar 16, 2020 9:22 am

NetworkNewsBreaks – SinglePoint, Inc. (SING) Receives Multiple Orders for New Hemp Seed Oil Infused Hand Sanitizer

SinglePoint (OTCQB: SING) recently launched Klen Hands, a moisturizing hand sanitizer with 62% ethyl alcohol to keep hands clean and hemp seed oil to keep hands soft and hydrated. Since the initial soft launch on Friday, March 13, 2020, the company has secured multiple orders for Klen and anticipates that to continue as the demand for cleaning and disinfect products continues to exceed current supply. “It is beneficial that we have a manufacturing facility already making other CBD/Hemp products and the relationships to quickly get supplies. This product is the right time and the right place. We are very happy…

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FridayMar 13, 2020 2:32 pm

NetworkNewsBreaks – SinglePoint, Inc. (SING) Launches Hand Sanitizer Infused with Hemp Seed Oil

SinglePoint (OTCQB: SING) today announced the launch of Klen Hands. Customers can subscribe and preorder now, and shipments are expected to leave the company’s Carlsbad facility in approximately 10 business days. There is a limited supply, which the company anticipates will sell out quickly. The hand sanitizer has 62% ethyl alcohol to keep hands “klen” (clean), as well as hemp seed oil to keep hands soft and hydrated. “We are working to develop solutions for both product and technology in order to assist in the effort of combating COVID-19. As many people know our company has deep ties to the…

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FridayMar 13, 2020 2:06 pm

NetworkNewsBreaks – Ideanomics, Inc. (NASDAQ: IDEX) Posts Update on Treeletrik Subsidiary

Ideanomics (NASDAQ: IDEX) recently provided an update on its Malaysia-based Treeletrik subsidiary’s expansion plans. In 2019 Ideanomics acquired 51% ownership in the holding companies of Treeletrik. Among other highlights, the company reported that the leasehold of land graded for development at the 250-acre site at Gebeng Industrial Estate in Kuantan, Pahang Darul Makmur, has been upgraded to title holder to offer Treeletrik flexibility with the development. The assessed value of the land is approximately 100 Million ringgit or $25 million. Treeletrik intends to bring in various China-based manufacturing partners to help round out the EV offerings under the Treeletrik brand.…

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FridayMar 13, 2020 12:26 pm

NetworkNewsBreaks – Akebia Therapeutics, Inc. (NASDAQ: AKBA) Featured in Mizuho Securities Research Report

Akebia Therapeutics, Inc. (NASDAQ: AKBA) was featured in a recent equity research report published by Mizuho Securities USA LLC. The report reads, “Akebia reported FY19 earnings yesterday. 4Q19 EPS was $(0.79) vs. Factset Consensus of $(0.47), and FY19 EPS was $(2.36) vs. FactSet Consensus of $(2.07). We do not see earnings as the most important value driver for Akebia at this stage. Importantly, the company remains on track to report Phase 3 data from vadadustat in 2Q20, and mid-2020. We expect investors will pay close attention to the data, including safety and efficacy compared to standard of care. We believe…

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FridayMar 13, 2020 12:18 pm

NetworkNewsBreaks – Satsuma Pharmaceuticals, Inc. (NASDAQ: STSA) Featured in Mizuho Securities Research Report

Satsuma Pharmaceuticals, Inc. (NASDAQ: STSA) was featured in a recent equity research report published by Mizuho Securities USA LLC. The report reads, “Satsuma reported better-than expected 4Q19 EPS loss of ($0.62) vs our ($0.79), driven by lower OpEx of $11M vs our $15M. However, we believe earnings numbers are not meaningful at this stage of its development. We continue to like STSA, believing STS101 remains underappreciated, and we like its strong cash position exiting 2019 that should take it to the end of 2021, which should shield it from needing to find additional funding in a potentially worsening capital markets…

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