Breaks Categories: News

ThursdayJul 22, 2021 12:08 pm

NetworkNewsBreaks – Beard Management Inc. Announces Successful Completion of FDA Inspection

Beard Management, the company behind multiple globally recognized e-liquid brands such as Beard Vape Co. and The One E-liquids, today announced its successful completion of an inspection by the U.S. Food and Drug Administration (“FDA”) as a part of the company’s PMTA application review on July 13 and 14. According to the update, Beard Management is currently in the review phase of its PMTA application, which includes 45 of the company’s most popular e-liquid products, including flavors from the Beard Vape Co. and The One E-liquid brands. In April, Beard announced its retention of Blackbriar Regulatory Services LLC (“BRS”) as…

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ThursdayJul 22, 2021 11:47 am

NetworkNewsBreaks – ISW Holdings Inc. (ISWH) Inks Hosting/Mining Agreement to Launch Phase One Cryptocurrency Mining Operation

ISW Holdings (OTC: ISWH), a global brand management holdings company with commercial operations in telehealth and renewable energy cryptocurrency mining, has finalized an agreement outlining a cryptocurrency mining hosting operation Bitmain Technologies, the world’s leading producer of cryptocurrency mining hardware and a leading global cryptocurrency mining firm. The agreement is the beginning of ISWH’s launch of phase one cryptocurrency hosting and mining operation in Georgia. Calling the agreement a “pioneering project” and “milestone,” Bitmain officials noted that the company expects to further expand the project moving forward to support the development of the industry. A recent crackdown on mining activities…

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ThursdayJul 22, 2021 11:15 am

NetworkNewsBreaks – Lexaria Bioscience Corp. (NASDAQ: LEXX) Announces Results of Antiviral Drug Studies, Strategy Moving Forward

Lexaria Bioscience (NASDAQ: LEXX), a global innovator in drug-delivery platforms, has released a summary of its 2021 antiviral drug program so far this year, noting that all objectives in evaluating its proprietary DehydraTECH(TM) drug-delivery platform have been achieved. In addition, the company also discussed next steps. In short, the company stated that it has successfully tested and released summary results on five different compounds from three antiviral drug classes, with results gathered that indicate up to a threefold increase in oral drug delivery into the bloodstream upon animal testing when processed with DehydraTECH. According to the announcement, the company has been able…

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ThursdayJul 22, 2021 10:52 am

NetworkNewsBreaks – Bassett Furniture Industries, Inc. (NASDAQ: BSET) Featured in Corporate Update from Sidoti

3Q:F21 Off to a Strong Start Bassett Furniture Industries (BSET) was featured in a company-sponsored research corporate update note published by Sidoti & Company, LLC. The report reads, “Even with ongoing current supply chain bottlenecks, we still expect BSET to post much improved bottom-line results in F2021… we think BSET will profit from ongoing strong demand for housing, still-low mortgage rates and likely additional migration from cities to less densely populated areas.” To access the full report, visit https://nnw.fm/BzPv6 About Bassett Furniture Industries, Inc. Bassett Furniture Industries is a leading manufacturer and marketer of high quality home furnishings. With 97…

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ThursdayJul 22, 2021 10:42 am

NetworkNewsBreaks – Geo Group Inc. (NYSE: GEO) Featured in Earnings Preview Research from Sidoti

COVID-19 to continue to result in lower occupancy rates Geo Group (NYSE: GEO) was featured in a company-sponsored research earnings preview note published by Sidoti & Company, LLC. The report reads, “We expect the recent suspension of the dividend to accelerate debt reduction. GEO has set a goal of repaying a minimum of $125-$150 million in net debt during 2021 and reduced net debt in 1Q:21 by about $57 million.  We project average annual free cash flow (excludes the add-back of stock-based compensation expense) of $220 million ($1.82 per share).” To access the full report, visit https://nnw.fm/fzZY7 About Geo Group,…

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ThursdayJul 22, 2021 10:29 am

NetworkNewsBreaks – Lifetime Brands, Inc. (NASDAQ: LCUT) Featured in Earnings Preview Research from Sidoti

Expect Narrower June-Quarter Loss Lifetime Brands (NASDAQ: LCUT) was featured in a company-sponsored research earnings preview note published by Sidoti & Company, LLC. The report reads, “We think LCUT will benefit from ongoing demand in its core categories, plus we expect the company to profit from its expansion to adjacent product categories, commercial food service and increased international growth.” To access the full report, visit https://nnw.fm/dGRs6 About Lifetime Brands, Inc. Lifetime Brands is a leading global designer, developer and marketer of a broad range of branded consumer products used in the home. The Company markets its products under well-known kitchenware…

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ThursdayJul 22, 2021 10:22 am

NetworkNewsBreaks – VistaGen Therapeutics Inc. (NASDAQ: VTGN) Announces Strategic Board Appointment

VistaGen (NASDAQ: VTGN), a biopharmaceutical company developing new generation medicines with the potential to go beyond the current standard of care for anxiety, depression and other central nervous system (“CNS”) disorders, today announced the appointment of Maggie FitzPatrick to its board of directors. FitzPatrick replaces Dr. Brian J. Underdown, who recently retired from the board. “Maggie is a highly regarded public affairs strategist with extensive experience developing and executing multiple high impact customer-focused marketing communications initiatives for some of the world’s largest and most successful companies, including Johnson & Johnson and Cigna,” said Shawn Singh, CEO of VistaGen. “Her expertise in positioning companies…

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ThursdayJul 22, 2021 10:22 am

NetworkNewsBreaks – LSB Industries, Inc. (NYSE: LXU) Featured in Corporate Update from Sidoti

Announces Agreement To Convert Preferreds To Common Stock LSB Industries (NYSE: LXU) was featured in a company-sponsored research corporate update note published by Sidoti & Company, LLC. The report reads, “LSB announced an agreement with its preferred shareholder to convert preferreds and accruing dividends to common shares, in a crucial step to enhance financial flexibility and simplify the capital structure.  We note that as a smaller company in a capital-intensive industry, the capital structure was severely limiting LSB’s options to invest in clean energy or meaningfully expand operations.” To access the full report, visit https://nnw.fm/iWgSp About LSB Industries, Inc. LSB…

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ThursdayJul 22, 2021 10:13 am

NetworkNewsBreaks – Titan International, Inc. (NYSE: TWI) Featured in Earnings Preview Research from Sidoti

Maintain $12 Price Target On Production, Efficiency Ramp Up Titan International (NYSE: TWI) was featured in a company-sponsored research earnings preview note published by Sidoti & Company, LLC. The report reads, “We suggest Titan has an essentially full order book in North and South America through 2021 as the company adds and trains labor to meet strong demand.” To access the full report, visit https://nnw.fm/4xm0r About Titan International, Inc. Titan International, Inc. is a leading global manufacturer of off-highway wheels, tires, assemblies, and undercarriage products. Headquartered in Illinois, the company globally produces a broad range of products to meet the…

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ThursdayJul 22, 2021 9:37 am

NetworkNewsBreaks – Cybin Inc. (NEO: CYBN) (OTCQB: CLXPF) Receives Listing Approval from NYSE American

Cybin (NEO: CYBN) (OTCQB: CLXPF), a biotechnology company focused on progressing psychedelic therapeutics, will be moving exchanges. The company has announced that it  received conditional listing approval from the NYSE American LLC stock exchange. The NYSE American is designed for growing companies and offers investors a variety of ways in which to trade. The exchange is a competitively priced venue that blends unique features derived from the NYSE, such as electronic Designated Market Makers (“e-DMMs”) with quoting obligations for each NYSE American-listed company, with NYSE Arca’s fully electronic price/time priority execution model. The company noted in making the announcement that…

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