NetworkNewsBreaks Archive - Page 1561 of 1622

TuesdayMar 07, 2017 11:25 am

NetworkNewsBreaks – Aeterna Zentaris, Inc. (NASDAQ: AEZS) Receives EMA Pediatric Committee Agreement on PIP for Macrilen™

Shares of Aeterna Zentaris (NASDAQ: AEZS) are 6% higher in morning trade after the company said the European Medicines Agency’s (EMA) Pediatric Committee (PDCO) has agreed to the company’s Pediatric Investigation Plan (PIP) for Macrilen™. PDCO also agreed that Aeterna may defer conducting the PIP until after it files a Marketing Authorization Application (MAA) for the use of Macrilen™ for the evaluation of adult growth hormone deficiency. “PDCO’s agreement that we may defer conducting our PIP, allowing us to go forward with an MAA in adults prior to initiating of the pediatric development program, is an important step forward in…

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…

TuesdayMar 07, 2017 10:14 am

NetworkNewsBreaks – Net Element’s (NASDAQ: NETE) PayOnline Providing Single-Click Payment Services for RUNET-ID

Global payment technology provider Net Element, Inc. (NASDAQ: NETE) this morning announced that RUNET-ID, Russia’s largest Internet resource dedicated to the domestic IT industry and telecommunication events, has chosen PayOnline for its secure, single-click payment acceptance services. PayOnline will simplify the payment process for RUNET-ID’s user base of more than 500,000 IT professionals, enabling access to single-click transactions following a one-time entry of payment details. Per this morning’s update, this convenient transaction capability simplifies the payment process without compromising security. “We are honored to be recognized as the best payment partner for Russia's largest Internet resource with access to over…

TuesdayMar 07, 2017 9:39 am

NetworkNewsBreaks – ORHub, Inc. (ORHB) CEO Featured in Audio Interview with NetworkNewsWire

Multifaceted financial news and publishing company NetworkNewsWire this morning announced the online availability of a new audio interview with ORHub, Inc. (OTC: ORHB) CEO Colt Melby. In the interview, Melby discusses ORHub’s operations, particularly as they relate to the company’s cloud-based health care software-as-a-service platform, which aims to decrease medical costs while improving outcomes in surgical care. Melby notes that ORHub’s innovative software platform “empowers care providers at every level of the surgical process to collaborate, organize, deliver, measure and reimburse in one intuitive, easy-to-use program.” The software is currently implemented in two major hospitals in California. Before wrapping up…

MondayMar 06, 2017 1:56 pm

NetworkNewsBreaks – Top 10 Mid-day Percentage Gainers on March 6, 2017

Here is a list of stocks shaking up the markets today, with particular focus on NASDAQ and OTC small caps. The top gainers based on percentage: ETST 40.72% – News: Posts update, timeline on cannabinoid-based nutraceutical patent and generic pharmaceutical DXTR 42.11% – News: Presents positive data at Scandinavian Society for Research in Cardiothoracic Surgery MCIG 26.44% – News: Posts Q3 financial results NEPH 6.25% – News: Receives FDA 510(k) to market EndoPur™ Endotoxin 10" Filter CCIH 16.50% – News: Enters definitive agreements to sell data center assets QRHC 10.46% – News: Presenting at 29th Roth Annual Growth Stock Conference…

MondayMar 06, 2017 1:52 pm

NetworkNewsBreaks – CytoSorbents Corp. (NASDAQ: CTSO) Receives Aegis Capital ‘Buy’ Rating, Reports Record Product Sales Growth

CytoSorbents (NASDAQ: CTSO) has received a ‘Buy’ rating and $20 price target from Aegis Capital Corp. following the company’s recent report of operational and financial results for the fiscal year ended December 31, 2016. The company reported a total revenue including both product sales and grant income in 2016 of approximately $9.5 million, almost doubling from $4.8 million in 2015. CytoSorb® also reports that product sales increased 103% to $8.2 million for fiscal 2016 compared to $4.0 million in fiscal 2015. Additionally, the company’s product sales were $2.6 million in the fourth quarter of 2016, the sixth consecutive quarter of…

MondayMar 06, 2017 11:37 am

NetworkNewsBreaks – DryShips, Inc. (NASDAQ: DRYS) Exercises Second Option to Purchase Very Large Gas Carrier for $83.5M

DryShips (NASDAQ: DRYS) said it has exercised its second option under a previously announced option agreement with Hyundai Heavy Industries Co., Ltd. (HHI) to acquire up to four Very Large Gas Carriers (VLGCs) for $83.5 million. Approximately 25% of the purchase price will be paid on closing, expected within March 2017. The remaining balance will be paid in installments until the vessel's delivery, which is currently under construction at HHI. The VLGC will be employed on a fixed rate time charter with five years firm duration to an oil major, and the charterer has options to extend the firm employment…

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…

MondayMar 06, 2017 10:06 am

NetworkNewsBreaks – Galectin Therapeutics (NASDAQ: GALT) Shares Hike on Positive Data from Phase 2a Clinical Trial of GR-MD-02

Shares of Galectin Therapeutics (NASDAQ: GALT) are up more than 8% this morning on the company’s report of positive results from an exploratory, phase 2a clinical trial with GR-MD-02 in patients with moderate-to-severe plaque psoriasis. The research, which was done in partnership with San Antonio Military Medical Center, shows that GR-MD-02 achieved an average PASI (Psoriasis Area and Severity Index) reduction of over 50% in all patients that participated in the 24-week trial. The data also showed no serious adverse events, further demonstrating the safety and efficacy of this novel investigational drug in this patient population. The company will be…

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…

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