Breaks Categories: Stock Spotlights

TuesdayMar 07, 2017 11:22 am

NetworkNewsBreaks – TerraForm Global (NASDAQ: GLBL) Inks Definitive Merger Agreement with Brookfield (NYSE: BAM)

Shares of TerraForm Global, Inc. (NASDAQ: GLBL) are 16% higher after the company announced its definitive merger agreement with Brookfield Asset Management Inc. (NYSE: BAM). Per the agreement, Brookfield will acquire TerraForm Global for approximately $787 million in cash and will assume approximately $455 million in net debt, representing an enterprise value of approximately $1.3 billion. TerraForm Global owns and operates, or has contracts to acquire, a fleet of 31 wind and solar power plants totaling 952 MW of capacity spread across Brazil, India, China, South Africa, Thailand, Malaysia and Uruguay. The transaction is expected to be completed in the…

Continue Reading

MondayMar 06, 2017 11:34 am

NetworkNewsBreaks – Micronet Enertec (NASDAQ: MICT) Secures $460,000 Aerospace & Defense Contract

Micronet Enertec Technologies (NASDAQ: MICT) shares are higher after the company said its wholly owned subsidiary, Enertec Systems 2001 Ltd., was recently awarded a purchase order from a global Aerospace & Defense contractor totaling more than $460,000. The contract is a continuous order for the development of a diagnosis and simulation system for a specific missile system, including computer based command and control defense systems. The global Aerospace & Defense contractor is a current customer of Enertec. "We are pleased that a current customer is placing additional orders for our sophisticated fit for purpose products, and especially proud of our…

Continue Reading

MondayMar 06, 2017 9:13 am

NetworkNewsBreaks – MyDx (MYDX) Makes Debut on HBO’s DAILY VICE News

Shares of MyDx (OTCQB: MYDX) closed Friday’s trade 23% higher after the company said its technology was featured on HBO's DAILY VICE News. MyDx is the developer of MyDx®, the first multi-use handheld chemical analyzer for consumers. The company has been concentrating on the development and market deployment of MyDx sensor technologies and accompanying applications as well as the expansion of its global sales footprint for the product line. The company is also working on creating a comprehensive database of physiologically relevant data from medical cannabis users. MyDx CEO Daniel Yazbeck will also be speaking at the 3rd Annual Cannabis…

Continue Reading

FridayMar 03, 2017 12:32 pm

NetworkNewsBreaks – Singlepoint, Inc. (SING) CEO Discusses M&A Strategy in Interview on MoneyTV

Full-service mobile technology and marketing provider Singlepoint, Inc. (OTC: SING) is as a featured company on this week’s episode of MoneyTV with Donald Baillargeon. MoneyTV is an internationally syndicated television program about “money and what makes it happen.” To view the show, visit www.MoneyTV.net. In this week’s episode, Singlepoint CEO Greg Lambrecht discusses the company’s recent activity, particularly as it relates to its expanded M&A strategy. “We’re really looking for companies in the cannabis business that do not touch the plant, for example a dispensary or grower like Convectium, who we have an LOI with,” Lambrecht noted in the interview.…

Continue Reading

FridayMar 03, 2017 11:18 am

NetworkNewsBreaks – Achaogen, Inc. (NASDAQ: AKAO) Provides Updates on Drug Candidates During R&D Day

Achaogen (NASDAQ: AKAO) recently held a research and development (R&D) day to provide an overview of its programs. The meeting included presentations from members of Achaogen’s leadership team and medical community key opinion leaders. During the day, the company discussed C-Scape, its new orally administered antibacterial candidate to treat patients with complicated urinary tract infections. Achaogen plans to begin a clinical trial of C-Scape in 2017. Additionally, the R&D day provided an overview of the plazomicin program, including a review of the positive phase 3 results, progress toward the planned New Drug Application (NDA) submission and preparation for commercialization. The…

Continue Reading

FridayMar 03, 2017 11:15 am

NetworkNewsBreaks – aTyr Pharma, Inc. (NASDAQ: LIFE) Receives EMA Orphan Drug Designation for Resolaris™; Shares Pull from Early Gains

Reversing from a pre-market spike, shares of aTyr Pharma (NASDAQ: LIFE) are down 4% on word that the company’s Resolaris™ has received Orphan Drug Designation from the European Medicines Agency (EMA) for the treatment of limb girdle muscular dystrophy (LGMD) patients. Orphan designation was advised following a positive opinion by the EMA's Committee for Orphan Medicinal Products. Medicines that receive the designation are eligible for various incentives, including assistance with development of the medicine; reduced fees for marketing-authorization applications; and extended market exclusivity once the medicine is authorized. The company also received Orphan Drug Designation from the U.S. FDA earlier…

Continue Reading

ThursdayMar 02, 2017 1:22 pm

NetworkNewsBreaks – ORHub, Inc. (ORHB) Collaborates with Microsoft (NASDAQ: MSFT) on Solution to Alleviate Costly Aspect of Health Care

ORHub (OTC: ORHB) today introduced a new solution, built on Microsoft’s (NASDAQ: MSFT) Azure enterprise-grade cloud computing platform, that focuses on the single biggest cost center for health care: surgery. The company has created a value-based solution that tracks the cost of treating a condition from diagnosis to discharge, as well as outcomes that resulted from that treatment. This results in decreases in cost and improvement in outcomes by eliminating inefficiencies, duplication of effort, and errors and omissions. The company worked with Microsoft for Startups on a variety of technical engagements that helped create the digital platform's initial architecture. The…

Continue Reading

ThursdayMar 02, 2017 11:47 am

NetworkNewsBreaks – Innovus Pharma (INNV) Receives Receipt of Notification to Commercialize Zestra® in the EU; Shares Rise

Innovus Pharmaceuticals (OTCQB: INNV) shares are higher this morning after the company said that it received the CPNP notification number required to commercialize Zestra® in all 28 member countries of the European Union. The over-the-counter consumer goods and specialty pharmaceutical company is engaged in commercialization, licensing and development of safe and effective non-prescription medicine. In addition to the largest market for Zestra®, the United States, Innovus Pharma currently generates Zestra® revenues from markets in Canada, Morocco, certain European countries and Hong Kong. “We are pleased to expand the commercialization market for Zestra® to the second largest market in the world…

Continue Reading

ThursdayMar 02, 2017 11:40 am

NetworkNewsBreaks – CFN Media Examines Singlepoint’s (SING) “Low-Risk Approach to the Cannabis Industry” in New Article

Earlier today, Singlepoint, Inc. (OTC: SING) was revealed as the focus of an article (http://nnw.fm/VKmu4) published by CFN Media Group, a creative agency and digital media network dedicated to the legal cannabis industry. More specifically, the CFN article focuses on recent comments by White House Press Secretary Sean Spicer regarding the enforcement of federal cannabis regulations, as well as what those regulations could mean for Singlepoint’s operations in the cannabis space. “Singlepoint has stepped in to address some of these industry challenges with its own solutions in a way that doesn't involve touching the drug at all,” the article notes.…

Continue Reading

ThursdayMar 02, 2017 9:47 am

NetworkNewsBreaks – National Waste Management Holdings, Inc. (NWMH) Acquires Burts Refuse LLC in Upstate New York

Emerging vertically integrated solid waste management company National Waste Management Holdings, Inc. (OTC: NWMH) this morning announced the acquisition of Burts Refuse LLC, in line with its previously outlined commitment to completing one acquisition per quarter. Located in West Davenport, New York, Burst Refuse is a waste disposal and recycling business whose acquisition is expected to bolster National Waste’s growing footprint in Upstate New York. Additionally, the transaction will add trucks, equipment and containers to National Waste’s existing line of equipment, strengthening the company’s ability to attract new customers and business relationships. “We are pleased to demonstrate to shareholders our…

Continue Reading