Breaks Categories: News

ThursdaySep 29, 2016 1:03 pm

Cellectar Biosciences (CLRB) Reports Positive Data from Phase 1 Orphan Drug Study, Moves to Dose Escalation

Oncology-focused biotech Cellectar Biosciences (NASDAQ: CLRB) reports an “outstanding safety profile” from the second cohort of patients enrolled in its orphan-drug designated phase I study of CLR 131 in patients with relapsed or refractory multiple myeloma. Based on these positive results, the study’s Data Monitoring Committee approved patient enrollment to the third cohort, which will include a 33% dose increase from the previous cohort. In the multi-center, open label phase I dose escalation study, CLR 131 is administered as a single dose, 30-minute infusion. The primary study objective is to characterize the safety and tolerability of CLR 131 in patients…

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WednesdaySep 28, 2016 1:37 pm

Staffing 360 Solutions, Inc. (STAF) Reaffirms Fiscal Q1 Revenue, announces Record Adjusted EBITDA

Staffing 360 Solutions (NASDAQ: STAF) this morning reported its unaudited financial results for the fiscal Q1 ended August 31, 2016, including record revenue and adjusted EBITDA levels. For fiscal Q1 2017, the company expects revenue of $47 million, a 30% increase over $36 million in Q1 2016; gross profit of $8.4 million, a 33% increase over $6.3 million in Q1 2016; net loss of $1.3 million, a 23% improvement compared to $1.7 million in Q1 2016; and adjusted EBITDA of $1.7 million, a 180% increase over $0.6 million in Q1 2016. Staffing 360 expects to announce its financial results for…

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WednesdaySep 28, 2016 1:31 pm

China Ceramics (CCCL) Posts Q2 2016 Financial Results

China Ceramics (NASDAQ: CCCL) this morning posted its Q2 financial results, with revenues impacted by broader market conditions. The Chinese manufacturer of ceramic tiles used for exterior siding and for interior flooring and design in residential and commercial buildings reported revenue of US$31.1 million, down 20.6% from the second quarter of 2015. Net profit was US$3.5 million, up 22.4% from Q2 2015. Earnings per share on a basic and fully diluted basis were US$1.30 and US$1.18 respectively. EBITDA was US$4.9 million, down 27.1% from Q2 2015. "For the second quarter of 2016, we experienced challenging market conditions due to the…

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WednesdaySep 28, 2016 1:28 pm

Laguna Blends, Inc. (LAG) (LAGBF) (LB6A) Announces Marketing Agreement to Reach Unexplored Markets

Network marketing company Laguna Blends (CSE: LAG) (OTC: LAGBF) (Frankfurt: LB6A.F) has retained the digital marketing expertise of ArDoMi Media Group and C&I Studios to raise market awareness of Laguna’s hemp-based line of functional beverages in existing and new markets. The initial media campaign's production shoot is scheduled for October 7-8, 2016, in California. "Having been immersed in the plant-based product world for years, I am excited to present Laguna Blends to the marketplace and promote its industry-leading products, bridging my experience that ranges from traditional forms of advertising to social media campaigns. We look forward to introducing Laguna Blends…

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TuesdaySep 27, 2016 1:05 pm

Net Element, Inc. (NETE) Subsidiary Tapped as Payments Partner of Dunkin’ Donuts in Russia

Payment technology solutions provider Net Element (NASDAQ: NETE) this morning announced that its wholly owned PayOnline subsidiary has signed an agreement with Dunkin' Donuts (NASDAQ: DNKN) through which it will enable payment acceptance for online ordering and delivery services in Russia for one of the world's largest coffee and baked goods chains. Under the agreement, PayOnline will help the brand better serve its growing customer base in the Russian Federation by enabling easy and secure payment acceptance for online ordering and delivery services. To view the full press release, visit: http://nnw.fm/MCU9w About Net Element Net Element, Inc. (NASDAQ: NETE) operates…

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TuesdaySep 27, 2016 1:02 pm

Cyber Apps World (CYAP) Releases Savinst eCommerce App

Cyber Apps World (OTC: CYAP), a company focused on licensing of a worldwide e-commerce Internet platform, announces the availability of the Savinst e-Commerce App, which can now be viewed for iOS at the App Store and can be experienced at www.savinst.com. Savinst is a combination discount coupon and e-commerce platform. The company anticipates launch of the marketing process to engage retailers and local businesses to add products and service offering consumers deep discounts in excess of 25% within the next two months. To view the full press release, visit: http://nnw.fm/02nyB About Cyber Apps World Cyber Apps World is dedicated to…

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TuesdaySep 27, 2016 12:38 pm

Inventergy Global, Inc. (INVT) Partner Engages Fortune 100 Company to Create Proof of Concept

Inventergy Global (NASDAQ: INVT), an intellectual property licensing company, reports that Pabellon, Inc., partner of INVT subsidiary Inventergy Innovations, LLC, is collaborating with a Fortune 100 company to create a proof of concept (POC) to demonstrate the ability of its Surface Plane Magnetic Technology™ capable of continuously charge remote Internet devices. The technology works by using Pabellon’s miniaturized, patented receivers to extract power, which is then delivered to remote sensing devices. Return path data is extracted from these devices to create "smart" sensing environments for various applications. To view the full press release, visit: http://nnw.fm/1YpIw About Inventergy Global, Inc. Inventergy…

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MondaySep 26, 2016 1:36 pm

Agora Holdings, Inc. (AGHI) Provides Update on FRAME Availability, Ongoing and Future Initiatives

Agora Holdings (OTC: AGHI) this morning issued a corporate update on the recent launch of its FRAME social media management application, as well as provided information on future developments and additional ongoing projects. Notably, Agora announced the availability of FRAME to the general public, available for download at Frame.ms and on the Android app marketplace, Google Play. Agora expects to release FRAME for iOS devices sometime next week. "Thus far, 2016 has been a year of exponential growth and realization of core technologies. With FRAME now available on the market, we will continue to develop the application, as well as…

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MondaySep 26, 2016 11:03 am

Actua Corp. (ACTA) Reaches Agreement to Sell GovDelivery for $153 Million in Cash

Actua Corp. (NASDAQ: ACTA) signed a definitive agreement to sell GovDelivery to an investor group led by Vista Equity Partners for $153 million in cash, subject to certain adjustments, including working capital, cash, debt and other items. The transaction is subject to customary closing conditions and is expected to close in the fourth quarter of 2016. Actua’s stated intentions are to use the proceeds to enhance shareholder value while staying focused on building its cloud businesses and repurchasing shares. To view the full press release, visit: http://nnw.fm/6Ecan About Actua Corp. Actua is a multi-vertical cloud company bringing the power of…

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MondaySep 26, 2016 10:56 am

Summit Therapeutics plc (SMMT) Receives Fast Track Designation for Duchenne Muscular Dystrophy

Summit Therapeutics plc (NASDAQ: SMMT) was pleased to announce today that the US Food and Drug Administration (‘FDA’) granted Fast Track designation for ezutromid in the treatment of Duchenne Muscular Dystrophy (DMD). Ezutromid is a utrophin modulator and represents a potential disease modifying treatment for all patients with the fatal muscle wasting disease DMD. Advantages of this designation include opportunities for frequent interactions with the FDA during all aspects of development, submission of a New Drug Application (‘NDA’) on a rolling basis, and eligibility for accelerated approval and priority review. To view the full press release, visit: http://nnw.fm/t43jX About Summit…

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