NetworkNewsBreaks Archive - Page 1790 of 1817

FridayDec 09, 2016 2:13 pm

NetworkNewsBreaks – A. M. Castle & Co. (CASL) Secures $112M in new Secured Term Credit Facilities

A. M. Castle & Co. (OTCQB: CASL) closed a definitive agreement for new credit facilities of $112 million, which the company intends to use to repay outstanding borrowings and support the continuance of letters of credit, totaling $53.2 million under a former revolving loan and security agreement. “These new credit facilities will enhance Castle’s liquidity and better position the Company to advance its ongoing efforts to capitalize on market opportunities. We are excited to have the support of the financial institutions funding the Credit Facilities,” Castle president and CEO Steve Scheinkman stated in the news release. To view the full…

FridayDec 09, 2016 2:00 pm

NetworkNewsBreaks – Long Island Iced Tea Corp. (LTEA) Inks First Acquisition Deal; Shares Tick Higher

Long Island Iced Tea Corp. (NASDAQ: LTEA) this morning said it will acquire the ALO Juice® beverage brand and trademark rights from The Wilnah International, LLC for a purchase price of 5,000 shares of the company's common stock. The company has been distributing ALO Juice® since February 2016, with nearly $1 million worth sold to date. The closing of the transaction is anticipated for the first quarter of 2017, subject to customary conditions. "ALO Juice® is a quality brand. We are excited that it will mark the first brand acquisition in our five-year history," Long Island Iced Tea CEO Philip…

FridayDec 09, 2016 11:50 am

NetworkNewsBreaks – Net Element, Inc. (NETE) Payment Solutions are Ideal for Technology-Driven Millennial Demographic

Mobile payments are expected to record a CAGR of 80% to more than $500 billion from now until 2020, pushed partially by an increasingly large number of millennials using their phones to make a payment of some sort. Net Element, Inc. (NASDAQ: NETE) is set to capitalize on this trend by providing a variety of secure payment solutions. “The millennial generation plays a critical role in leading the adoption of consumer technologies. This is one of the key reasons that professionals from a number of industries watch millennials to better recognize social and consumer behavior changes that are to come.…

FridayDec 09, 2016 11:48 am

NetworkNewsBreaks – Strategic Design of GCard by GainClients, Inc. (GCLT) is Conduit for Change

GainClients’ (OTC: GCLT) GCard networking platform is designed to streamline communication between real estate professionals and their clients. The platform works like other popular online networks – though it specifically addresses the needs of real estate professionals by harnessing the combined, far-reaching capabilities of technology and enhanced interconnectivity. “With a growing number of real estate customers opting for online and mobile real estate solutions, GCard is a progressive integrated networking system that allows real estate brokers and agents to provide their customers with a wealth of information, including property details, lending requirements, title services and more.” To view the full…

ThursdayDec 08, 2016 3:42 pm

NetworkNewsBreaks – Top 10 Mid-day Percentage Gainers on December 8, 2016

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: KAYS 36.05% – News: Conference call/ webinar scheduled for December 20 AMCT 31.98%– News: Acquires 100% equity ownership in AEC Southern Management Co. CTXR 30.22% – News: Advances phase 3 trial; manufacturing finalized, site recruitment initiated XRDC 25.41% – News: Sells stake in Centrify Corporation PMCB 22.63% – News: Releases Q&A with first principal investigator, discusses upcoming clinical trial in pancreatic cancer FALC 22.00% – News: Appoints Barry Rudolph to board of directors YIPI…

ThursdayDec 08, 2016 1:59 pm

NetworkNewsBreaks – Anavex Life Sciences (AVXL) Releases Positive Data for ANAVEX 2-73 in Alzheimer’s Study; Trading Higher

Shares of Anavex Life Sciences (NASDAQ: AVXL) are higher after the company said its ANAVEX 2-73 candidate met primary and secondary endpoints in a phase 2a study of patients with mild-to-moderate Alzheimer’s disease (AD). ANAVEX 2-73 was well tolerated and there were no clinically significant treatment-related adverse events and no serious adverse events. Despite non-optimized dosing of ANAVEX 2-73 throughout the 12-month study, continued significant improvements from baseline of cognitive, functional and behavioral scores in a group of patients were observed, respectively. "We believe this data gives us a solid foundation from which to continue the next phase of rationally…

ThursdayDec 08, 2016 1:56 pm

NetworkNewsBreaks – Majesco Entertainment, Inc. (COOL) to Merge with PolarityTE, Inc.; Shares Higher

Majesco Entertainment, Inc. (NASDAQ: COOL) is trading higher after announcing its merger agreement with PolarityTE, Inc., a new regenerative medicine company focused on developing the first forms of functionally polarized autologous tissues for use in medical procedures requiring reconstructive applications by surgeons and wound care specialists. Per the agreement, PolarityTE will become a wholly owned subsidiary of Majesco and the company will be headquartered in Salt Lake City, Utah, where its biomedical R&D facilities and tissue manufacturing center is being established. Majesco has named Dr. Denver Lough as the CEO and chairman of the board of Majesco, which will be…

ThursdayDec 08, 2016 1:55 pm

NetworkNewsBreaks – Interpace Diagnostics (IDXG) Shares Soar on Word Aetna (AET) will Cover ThyraMir™ Test

Shares of Interpace Diagnostics Corp. (NASDAQ: IDXG) are up 205% following news that Aetna (NYSE: AET) has agreed to provide coverage of Interpace's ThyraMir™ test, effective immediately. Including Aetna’s 46 million members, ThyGenX™ and ThyraMir thyroid assays are now covered for approximately 200 million patients nationwide. The combination of both tests have been shown to reduce the rate of unnecessary thyroid surgeries in indeterminate cases (not clearly benign or malignant) by offering high predictive value in determining the presence and absence of cancer in thyroid nodules. "The acceptance by Aetna to cover both ThyGenX and ThyraMir is further support of the…

WednesdayDec 07, 2016 3:56 pm

NetworkNewsBreaks – Top 10 Mid-day Percentage Gainers on December 7, 2016

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: BFDI 41.07% – News: Details proposed merger with KeyStone Solutions PBYA 31.59% – News: Positive response from FDA on plans to develop TRF-DOX ENTB 27.00% – News: Zander Therapeutics subsidiary files patent application for composition of matter regarding NR2F6 FNHI 20.00% – News: Subsidiary files non-offering prospectus for CSE listing, Truxmart names interim CFO SMFI 17.73% – News: Changes corporate name/ticker to NuLife Sciences, Inc. (NULF) NURO, NUROW 14.54% – News: Quell® Wearable Pain…

WednesdayDec 07, 2016 1:02 pm

NetworkNewsBreaks – Broadwind Energy (BWEN) Receives New Tower Orders Valued at $23M

Broadwind Energy (NASDAQ: BWEN) this morning said it recently received $23 million in new tower orders for 2017 delivery. The company will produce these towers in its Manitowoc, Wisconsin, and Abilene, Texas, facilities. “We have booked over $250 million in new tower orders so far in 2016. Both of our tower manufacturing facilities are operating consistently and a good portion of our 2017 capacity is under contract. We are proud of the contributions our highly-skilled team is making to U.S. manufacturing and to the wind industry,” Stephanie Kushner, president and CEO of Broadwind, stated in the news release. To view…

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