Breaks Categories: News

FridayFeb 17, 2017 10:44 am

NetworkNewsBreaks – ArQule, Inc. (NASDAQ: ARQL) Shares Sink on Disappointing Liver Cancer Trial

Shares of ArQule (NASDAQ: ARQL) dropped more than 20% this morning on news that the company, along with Daiichi Sankyo Cancer Enterprise, announced that the METIV-HCC phase 3 study of tivantinib in hepatocellular carcinoma (HCC) did not meet its primary endpoint of improving overall survival. A total of 340 patients with MET-overexpressing HCC analyzed by a validated immunohistochemical assay were randomized in the intent-to-treat population for efficacy analysis. Full results from the trial will be presented at an upcoming scientific forum. “HCC is a disease with high unmet need, especially in the second-line setting, so these results are disappointing for…

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ThursdayFeb 16, 2017 9:37 am

NetworkNewsBreaks – Player’s Network, Inc. (PNTV) Uplists to the OTCQB Venture Market

Diversified holding company Player’s Network, Inc. (OTCQB: PNTV) this morning announced that its common shares are now trading on the OTCQB Venture Market, effective February 16, 2017. In order to be eligible for listing on the OTCQB Venture Market, which is designed for entrepreneurial and development-stage companies, Player’s Network was required to be current in its financial reporting and undergo an annual company verification and management certification process. “We are proud to announce this corporate milestone as we execute our plan to add tenure to our 23-year track record as a fully reporting company,” Mark Bradley, CEO of Player’s Network,…

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ThursdayFeb 16, 2017 9:24 am

NetworkNewsBreaks – ORhub, Inc. (ORHB) Announces Engagement of NetworkNewsWire

Health care software-as-a-service company ORhub, Inc. (OTC: ORHB) this morning announced that it has engaged NetworkNewsWire (NNW), a multifaceted financial news and publishing company that delivers a new generation of social communication solutions, news aggregation and syndication, and enhanced news release services. As part of this new client-partner relationship, NNW will leverage its investor-based Brand Network of partners, as well as a rapidly expanding distribution network of well over 5,000 key syndication outlets, to generate greater brand awareness for ORhub. “ORhub is entering into a season of acceleration, and during this time it is important that we keep the investment…

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TuesdayFeb 14, 2017 3:43 pm

NetworkNewsBreaks – GreeneStone Healthcare (GRST) Exits Canadian Addiction Treatment Business, Enters Florida Health Care Market following “Transformational Event”

Health care services provider GreeneStone Healthcare Corporation (OTCQB: GRST) today announced a string of strategic moves designed to strengthen the company’s balance sheet and position it for sustainable growth in the U.S. health care market. First, GreeneStone acquired Cranberry Cove Holdings, which owns the real estate used by GreeneStone’s addiction treatment facility in Muskoka, Ontario. Next, the company sold the operational assets of its Muskoka clinic for a total consideration of CDN$10 million. Through its newly-acquired subsidiary, the company will continue to own and lease the clinic building moving forward. Finally, on February 13, 2017, GreeneStone closed on the acquisition…

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TuesdayFeb 14, 2017 2:53 pm

NetworkNewsBreaks – eXp World Holdings, Inc. (EXPI) Announces Addition of Super Bowl Quarterback Vince Ferragamo to the Agent-Owned Cloud Brokerage®

eXp World Holdings, Inc. (OTCQB: EXPI), holding company for eXp Realty LLC, today announced the addition of real estate veteran and former Los Angeles Rams quarterback Vince Ferragamo to the Agent-Owned Cloud Brokerage®. Ferragamo is most widely-recognized for his tenure in the National Football League, during which he became the first quarterback to start a Super Bowl in the same season as his first career start. Since his retirement from the NFL, Ferragamo has been active in the real estate industry as a brokerage owner. “eXp Realty is exciting to me because the company recognizes and believes as I do…

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TuesdayFeb 14, 2017 12:29 pm

NetworkNewsBreaks – UniPixel, Inc. (NASDAQ: UNXL) Announces Public Offering, Warrants to Purchase Stock; Shares Drop

Shares of UniPixel (NASDAQ: UNXL) are sharply lower after the company, a developer of metal mesh capacitive touch sensors to the touchscreen and flexible display markets, commenced a public offering of shares of common stock and warrants to purchase common stock. The offering will be conducted on a "best efforts" basis, with Roth Capital Partners, LLC serving as the lead placement agent and Ladenburg Thalmann and The Benchmark Company serving as co-placement agents. To view the full press release, visit: http://nnw.fm/8Km6C About UniPixel UniPixel, Inc. develops and markets high performance metal mesh capacitive touch sensors to the touchscreen and flexible…

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TuesdayFeb 14, 2017 12:26 pm

NetworkNewsBreaks – Amended Collaboration Pushes Agenus, Inc. (NASDAQ: AGEN), Incyte Corp. (NASDAQ: INCY) Shares Higher

Agenus (NASDAQ: AGEN) and Incyte (NASDAQ: INCY) are both trading higher this morning after the companies announced the amendment of an agreement signed in January, changing the ongoing GITR and OX40 antibody programs from co-funded development and profit-sharing arrangements to royalty-bearing programs. While Incyte is now responsible for funding as well as global development and commercialization, Agenus would now become eligible to receive 15 percent royalties on global net sales of each product if candidates from either of these two programs are approved. Per the amendment, Agenus will receive today accelerated milestone payments of $20 million from Incyte related to…

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TuesdayFeb 14, 2017 12:05 pm

NetworkNewsBreaks – Net Element’s (NASDAQ: NETE) Digital Provider Expands Direct Carrier Billing Services into Poland and Turkey

Global payment technology provider Net Element, Inc. (NASDAQ: NETE) this morning announced that Digital Provider has expanded its Direct Carrier Billing (DCB) services into the emerging markets of Poland and Turkey, giving it access to the two markets’ approximately 113.5 million combined mobile users. Digital Provider’s DCB services could offer numerous benefits for content providers and aggregators in both Poland and Turkey. According to Juniper Research, DCB in emerging markets generates app-store conversion rates that are roughly five times higher than similar figures for credit cards, while SuperData Research estimates that carrier billing is currently the second most popular payment…

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TuesdayFeb 14, 2017 11:13 am

NetworkNewsBreaks – Stealth Technologies, Inc. (STTH) CEO Featured in Exclusive Audio Interview with NetworkNewsWire

Multifaceted financial news and publishing company NetworkNewsWire this morning announced the availability of a new audio interview with Stealth Technologies, Inc. (OTCQB: STTH) CEO Brian McFadden. In the interview, which can be heard at http://NNW.fm/STTH-Interview-Feb-2017, McFadden offers prospective investors some insight into the company’s business model, as well as its flagship product, Stealth Card. Leveraging STTH’s proprietary PowerGrid Technology, Stealth Card is designed to protect consumers’ RFID-chipped credit cards from a practice known as “electronic pickpocketing.” This product, alongside the company’s 911 Help Now emergency alert system, has proven instrumental to Stealth Technologies’ recent growth. “In 2016, Stealth Technologies hit…

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TuesdayFeb 14, 2017 10:31 am

NetworkNewsBreaks – ORHub, Inc. (ORHB) Lands New Partnership with Five-Star Hospital in California

Health care software-as-a-service company ORHub, Inc. (OTC: ORHB) this morning announced the expansion of its ongoing pilot program to include one of the top five highest-volume orthopedic hospitals in the United States. Notably, the customer is currently rated a five-star hospital by the U.S. Centers for Medicare and Medicaid. In addition to deepening the company’s presence in California and supporting its commitment to reducing national health care costs, this new partnership increases ORHub’s penetration on the West Coast to include more than 50 hospitals. “Even as a top ranking surgery center, this customer is intrigued by the productivity and insight…

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