Breaks Categories: News

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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WednesdayJul 21, 2021 1:15 pm

NetworkNewsBreaks – DSG Global Inc.’s (DSGT) IMC Featured in ‘Plugged In’ Podcast

DSG Global’s (OTCQB: DSGT) subsidiary Imperium Motor Company (“IMC”) was featured in this week’s episode of the “Plugged In Podcast: Importing Electrification.” Imperium Motors Canada president Christian Dubois joined the program’s host, Andrew McCredie, to discuss an all-electric sport utility vehicle (“SUV”) — Imperium ET5 — that the company will be offering in the fall, as well as the potential and challenges of importing an unknown entity into the country. “The ET5 is a mid-sized to compact-sized sport utility,” said Dubois of the first passenger vehicle the company plans to bring into Canada. “The level of equipment is far above…

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WednesdayJul 21, 2021 1:06 pm

NetworkNewsBreaks – Torchlight Energy Resources Inc. (NASDAQ: TRCH) Closes $1.9 Billion Merger with Meta Materials Inc. (NASDAQ: MMAT)

Torchlight Energy Resources (NASDAQ: TRCH), an oil and gas exploration company based in Plano, Texas, has closed on its previously announced business combination with Meta Materials Inc. As a result, after market close today, Torchlight's name will be changed to Meta Materials Inc. In addition, the company’s common stock will begin trading on NASDAQ under the ticker symbol MMAT. According to the previous announcement, prior to the implementation of the reverse stock split, Meta Materials (NASDAQ: MMAT) shareholders were expected to receive 3.690 shares of Torchlight common stock in exchange for each of their shares of Metamaterial Inc., resulting in…

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WednesdayJul 21, 2021 12:18 pm

NetworkNewsBreaks – Cannabis Strategic Ventures Inc. (NUGS) Closes Books on Defining, Momentous Year of Material Growth

Cannabis Strategic Ventures (OTCQB: NUGS), an emerging leader in the U.S. cannabis marketplace, today announced the filing of its 2020 unaudited financial performance data. According to the update, the company closed the books on a momentous year of material growth that featured strong expansion in business activity, as well as robust gains in both top- and bottom-line metrics. “2020 was a defining year for NUGS, as we pushed into a higher gear in terms of commercial activity and market positioning despite the unusual challenges of the global pandemic health crisis,” said Simon Yu, CEO of Cannabis Strategic Ventures. “We were…

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WednesdayJul 21, 2021 12:10 pm

NetworkNewsBreaks – Asia Broadband Inc. (AABB) Provides Update on Mining Properties, Facilities

Asia Broadband (OTC: AABB),a resource company focused on the production, supply and sale of precious and base metals primarily to Asian markets, released an update on its mining properties and facilities. AABB is focusing its efforts in parts of Mexico where the company has a comparative advantage of development resources and expertise readily available, enabling the rapid expansion and duplication of previous gold production success. The company observed that in 2020 it had explored a property diversification initiative and pursued several potential development projects, including a gold property in Colombia and a lithium property in Mexico; the company has determined that…

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