NetworkNewsBreaks Archive - Page 1444 of 2148

WednesdayApr 29, 2020 10:21 am

NetworkNewsBreaks – B. Riley FBR, Inc. Announces Cancellation of Institutional Investor Conference in Beverly Hills

B. Riley FBR has announced that, in partnership with the Beverly Hilton Hotel and in response to official recommendations regarding COVID-19, they have made the difficult decision to cancel their Institutional Investor Conference in Beverly Hills, May 19-21. The May 20 live boxing charity event - “Big Fighters, Big Cause,” benefitting the Sugar Ray Leonard Foundation, will also be cancelled. Any registration and/or sponsorship fees previously charged for the event will be refunded. Those who’ve made guest room reservations at the Beverly Hilton Hotel should call (888) 240-6152 to cancel. B. Riley FBR is considering a number of options for…

WednesdayApr 29, 2020 9:49 am

NetworkNewsBreaks – Cannabis Strategic Ventures, Inc. (NUGS) Eyes Record-Breaking April Sales in Strong Structural Growth Boom

Cannabis Strategic Ventures (OTCQB: NUGS), an emerging leader in the U.S. cannabis marketplace, today announced that it has seen record total monthly cannabis sales and record sequential monthly cannabis sales growth so far in the month of April. According to the update, the company’s total gross cannabis sales for April are running at an annualized pace of more than $6 million, which is an increase of more than 400% over average monthly sales seen in calendar Q1. “This data should help to better contextualize our prior announcement detailing our expansion in total cannabis production capacity,” Cannabis Strategic Ventures CEO Simon…

WednesdayApr 29, 2020 9:18 am

NetworkNewsBreaks – Pressure BioSciences Inc. (PBIO) Inks Binding LOI to Acquire Cannaworx, Inc.

Pressure BioScience (OTCQB: PBIO), a leader in the development and sale of broadly enabling, pressure-based instruments, consumables and platform-technology solutions to the worldwide life sciences and other industries, today announced that it has signed a binding letter of intent (“LOI”) to merge with Cannaworx, Inc. (USA) and its diverse portfolio of products and intellectual property. The merger will combine Cannaworx's proprietary portfolio of consumer products with the application of PBIO's breakthrough ultra shear technology (“UST”). Following the merge, the company will utilize its extensive intellectual property portfolio, consisting of a proprietary pressure platform, nanotechnology and advanced delivery systems, to disrupt…

TuesdayApr 28, 2020 2:40 pm

NetworkNewsBreaks – Why Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) Is ‘One to Watch’

Lakewood, Colorado-based Energy Fuels (NYSE American: UUUU) (TSX: EFR) is the largest producer of uranium in the United States and the leading conventional producer of vanadium; both elements have been designated by the U.S. government as critical minerals. A recent article discussing the company reads, “As the leading U.S. diversified uranium miner, Energy Fuels’ uranium production portfolio stands apart in the world. Energy Fuels has more uranium production facilities, more production capacity and more in-ground resources than any other company in the United States. In fact, the company’s assets have produced over one-third of all U.S. uranium over the past…

TuesdayApr 28, 2020 1:24 pm

NetworkNewsBreaks – Trxade Group, Inc. (NASDAQ: MEDS) Announces Engagement of MZ Group to Expand Strategic Communications Program Across Key Markets

Trxade Group, Inc. (NASDAQ: MEDS), an integrated drug procurement, delivery and healthcare platform, today announced its engagement of international investor relations specialists MZ Group (“MZ”) to expand its comprehensive strategic investor relations and financial communications program across all key markets. According to the update, MZ Group will work closely with Trxade Group management in the development and implementation of a comprehensive capital markets strategy designed to increase the Company's visibility throughout the investment community. "This is an exciting time for Trxade Group, having achieved key growth milestones in 2019, positioning us for a breakout year in 2020 as we continue…

TuesdayApr 28, 2020 1:04 pm

NetworkNewsBreaks – Living Greens Farm Enhances Already Super-Clean Standards to Block COVID-19

Living Greens Farm (“LGF”), the largest vertical, indoor aeroponic farm in the U.S. that provides year-round fresh salads, microgreens and herbs, today announced its addition of steps and procedures to its already super-clean standards to block COVID-19 from its operation. LGF’s indoor growing methods virtually eliminate health risks faced by most traditional farms and result in the highest standards in food safety. In addition, LGF follows GAP (Good Agriculture Practices) and GMP (Good Manufacturing Practices) guidelines to ensure that all vegetables are produced, packed, handled and stored as safely as possible to minimize food safety hazard risks. In addition to…

TuesdayApr 28, 2020 12:38 pm

NetworkNewsBreaks – Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX) Prices $2.65MM Registered Direct Offering

Foresight Autonomous Holdings (NASDAQ: FRSX) (TASE: FRSX), an innovator in automotive vision systems, today announced its entry into definitive agreements with investors for the purchase and sale of 5,300,000 of the Company’s American Depositary Shares (“ADSs”), each at a price of $0.50, pursuant to a registered direct offering. Foresight will secure approximately $2.65 million in gross proceeds from the offering, before deduction of placement agent fees and other estimated expenses, and intends to use the net proceeds for working capital and other general corporate purposes. Subject to satisfaction of customary conditions, the closing of the registered direct offering is expected…

TuesdayApr 28, 2020 12:26 pm

NetworkNewsBreaks – ViewRay Inc. (NASDAQ: VRAY) Featured in Mizuho Securities Research Report

ViewRay Inc. (NASDAQ: VRAY) was featured in a recent equity research report published by Mizuho Securities USA LLC. The report reads, “We are dropping coverage of ViewRay Inc. due to a reallocation of resources. Our final rating is Buy, and our final price target is $7.00. Our former estimates, price targets, and ratings should no longer be relied upon going forward.” To request access to the full report, visit http://nnw.fm/SaZ9d About ViewRay Inc. ViewRay® Inc. designs, manufactures, and markets the MRIdian® radiation therapy system. MRIdian is built upon a proprietary high-definition MR imaging system designed from the ground up to…

TuesdayApr 28, 2020 12:21 pm

NetworkNewsBreaks – Zogenix Inc. (NASDAQ: ZGNX) Featured in Mizuho Securities Research Report

Zogenix Inc. (NASDAQ: ZGNX) was featured in a recent equity research report published by Mizuho Securities USA LLC. The report reads, “Zogenix hosted a KOL event on 4/22. The most important data point in our view was the updated long-term data from FINTEPLA in Dravet syndrome, which reinforces the strong profile of FINTEPLA in this indication and the potential for the drug to become standard of care. Clinical data in a new indication (Sunflower syndrome) was also presented, with early signal observed in a handful of patients. However, we believe more clinical data will be needed before this indication can…

TuesdayApr 28, 2020 12:16 pm

NetworkNewsBreaks – Aerie Pharmaceuticals Inc. (NASDAQ: AERI) Featured in Mizuho Securities Research Report

Aerie Pharmaceuticals Inc. (NASDAQ: AERI) was featured in a recent equity research report published by Mizuho Securities USA LLC. The report reads, “We applied a weighted average valuation (DCF and EV/Sales) to derive our $34 PT. Our assumptions include: Rhopressa: U.S. peak-sales of $162 mil in 2025. Rocklatan: U.S. peak-sales of $331 mil in 2025. DCF Assumptions: Terminal value of 5x 2028 FCF and a 13% discount rate to derive a $40 PT. EV/Sales Assumptions: 3.8x multiple of 2028 sales, discounted at 13% to derive a $27 PT. In our bull case scenario, we assume greater than anticipated market share…

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