NetworkNewsBreaks

TuesdayMar 03, 2020 12:59 pm

NetworkNewsBreaks – Magnachip Semiconductor Corp. (NYSE: MX) Featured in ROTH Equity Research Report

Magnachip Semiconductor Corp. (NYSE: MX) was featured in a recent equity research report published by ROTH Capital Partners LLC. The report reads, “We believe MX represents an investment opportunity as a differentiated display driver and foundry services vendor benefitting from improving customer momentum. We expect an orderly transition in the effort to replace outgoing CFO Jonathan Kim who is leaving to pursue another executive opportunity. We believe MX remains well positioned to grow and is making progress on its foundry restructuring effort. We maintain our Buy rating.” To request access to the full report, visit http://nnw.fm/DXCr3 About Magnachip Semiconductor Corp.…

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TuesdayMar 03, 2020 12:52 pm

NetworkNewsBreaks – Chaparral Energy, Inc. (NYSE: CHAP) Featured in ROTH Equity Research Report

Chaparral Energy, Inc. (NYSE: CHAP) was featured in a recent equity research report published by ROTH Capital Partners LLC. The report reads, “We are slightly increasing our 4Q 2019 production estimate, from 28,274 BOE per day to 28,535 BOE per day. This is due to the completion cadence in 3Q 2019. In 3Q 2019 CHAP had 13 new gross operated STACK wells with first sales, nine of which were brought online in September with three of these wells with first sales in the last two days of the quarter.” To request access to the full report, visit http://nnw.fm/DXCr3 About Chaparral…

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TuesdayMar 03, 2020 12:45 pm

NetworkNewsBreaks – GlycoMimetics, Inc. (NASDAQ: GLYC) Featured in ROTH Equity Research Report

GlycoMimetics, Inc. (NASDAQ: GLYC) was featured in a recent equity research report published by ROTH Capital Partners LLC. The report reads, “On Friday, GlycoMimetics provided highlights and financial results for 4Q19, and upcoming milestones. We believe that the main focus during 2020 will be: 1) the preliminary data readout of the Phase 1b study of GMI-1359 in breast cancer patients with bone metastasis; with some attention to 2) additional updates on the enrollment of patients into the Phase 3 registrational study of Uproleselan that is expected to complete enrollment during 2H2021, and 3) any added color on next steps for…

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TuesdayMar 03, 2020 12:39 pm

NetworkNewsBreaks – PowerBand Solutions Inc. (TSX.V: PBX) (OTCQB: PWWBF) (FRA: 1ZVA) Subsidiary Executes Term Sheet for Convertible Debenture Agreement with D&P Holdings

PowerBand Solutions (TSX.V: PBX) (OTCQB: PWWBF) (Frankfurt: 1ZVA) on Monday announced that its wholly-owned subsidiary, PowerBand Solutions US Inc., has executed a Term Sheet to complete a USD $10 million Convertible Debenture Agreement in a series of tranches with Texas-based D&P Holdings, Inc. According to the update, this is the latest step to secure credit facilities for PowerBand's consumer platform to revolutionize how vehicles are bought, sold, leased and traded around the globe. PowerBand will utilize the capital injection to advance its ongoing negotiations with lenders to secure access to extensive credit facilities. Those credit facilities will be available to…

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TuesdayMar 03, 2020 12:26 pm

NetworkNewsBreaks – Ayr Strategies, Inc. (CSE: AYR.A) (OTCQX: AYRSF) Featured in ROTH Equity Research Report

Ayr Strategies, Inc. (CSE: AYR.A) (OTCQX: AYRSF) was featured in a recent equity research report published by ROTH Capital Partners LLC. The report reads, “We believe AYR presents an attractive opportunity with coming capacity expansion and wholesale/brand focus to drive robust revenue growth and higher margin expansion. Management maintained its 2020 guidance ($207-$227M Revs and $93-$103M AEBITDA) as we see potential upside with increased higher margin sales starting in 2Q20. We believe supply/demand dynamics remain favorable in MA and NV and expect additional dispensaries in each state to drive upside. Reiterate our Buy and C$19 PT. Shares currently trade at…

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TuesdayMar 03, 2020 12:19 pm

NetworkNewsBreaks – Farmer Brothers Co. (NASDAQ: FARM) Featured in ROTH Equity Research Report

Farmer Brothers Co. (NASDAQ: FARM) was featured in a recent equity research report published by ROTH Capital Partners LLC. The report reads, “With FARM in turnaround mode, we dug into its real estate holdings to provide another data point for value investors. In our analysis we attempted to identify all of FARM’s branch locations, checked property records to determine ownership and then derived a value for holdings using comparable properties in close proximity. Our analysis yielded real estate value of $66mm for branch holdings which excludes its North Lake facility which we believes carries a value of approximately $60mm itself.”…

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TuesdayMar 03, 2020 12:12 pm

NetworkNewsBreaks – Viking Therapeutics, Inc. (NASDAQ: VKTX) Featured in ROTH Equity Research Report

Viking Therapeutics, Inc. (NASDAQ: VKTX) was featured in a recent equity research report published by ROTH Capital Partners LLC. The report reads, “VKTX reported 4Q19 results that were not that material with the EPS loss lower than our target (lower R&D spending). Key takeaways for the quarter, in our opinion, include: 1) VK2809 (NASH) phase 2b VOYAGE enrollment is underway, 2) we target enrollment completion by the end of 2020 with data in 2Q21, and 3) an IND could be filed for VK0214 in 2Q20 (phase 1 trial starting shortly after, data in 1H21). Maintain Buy rating with PT of…

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TuesdayMar 03, 2020 12:05 pm

NetworkNewsBreaks – Barrett Business Services, Inc. (NASDAQ: BBSI) Featured in ROTH Equity Research Report

Barrett Business Services, Inc. (NASDAQ: BBSI) was featured in a recent equity research report published by ROTH Capital Partners LLC. The report reads, “We believe the recent pullback in BBSI shares presents an attractive opportunity. The short-term reaction to 2020 guidance ignores the strength in the balance sheet and solid footing of the company's core operations. We believe growth acceleration potential improves significantly following a successful launch and onboarding of clients onto the company's new portal in July this year. Shares currently trade at the low end of the historic 15-18x P/E, lending to a favorable risk/reward profile, in our…

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TuesdayMar 03, 2020 12:00 pm

NetworkNewsBreaks – InvestorBrandNetwork and NetworkNewsWire to Leverage Robust Array of Communication Solutions for FinovateSpring 2020

NetworkNewsWire (“NNW”), a multifaceted financial news and publishing company part of the InvestorBrandNetwork (“IBN”), today announced that it will serve as the official newswire and IBN will be an official media sponsor for the upcoming FinovateSpring 2020 event. FinovateSpring is slated to take place at the Hilton San Francisco Union Square in San Francisco, California from May 27-29. NNW and IBN will work together to heighten the event and its participants’ visibility through nationally distributed wire-grade press releases via NetworkWire, highlighted mention on IBN’s primary Events Portal, as well as through curated articles written by IBN’s in-house writing team and…

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TuesdayMar 03, 2020 11:49 am

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, “Earlier this morning, Zogenix announced that the FDA has extended the PDUFA date for FINTEPLA by 3 months, to June 25, 2020, to allow more time to review additional data submitted by Zogenix. We spoke with management - they noted that the additional data requests were related to efficacy only, not safety. And this data was already in-hand, i.e., no requirement for additional clinical trials. In a number of precedent cases of PDUFA date extensions highlighted below, all drugs…

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