NetworkNewsBreaks Archive - Page 1858 of 1951

ThursdayMay 18, 2017 12:05 pm

NetworkNewsBreaks – EnteroMedics, Inc. (NASDAQ: ETRM) Shares Surge on First vBloc® Neurometabolic Therapy Implant

EnteroMedics (NASDAQ: ETRM) shares are up 12% late-morning following news that the first implant of the company's vBloc® Neurometabolic Therapy was successfully completed at the McGuire Veterans Affairs Medical Center (Richmond VAMC) in Richmond, Virginia, earlier this week. The pacemaker-like device works to control sensations of hunger to enable patients to control their appetite and lose weight. "With our first implant at the Richmond VAMC, we are making vBloc accessible to an even larger portion of the men and women who have served our country selflessly and are in need of solutions to address their obesity. Through our previously announced…

WednesdayMay 17, 2017 2:13 pm

NetworkNewsBreaks – Top 10 Mid-day Percentage Gainers on May 17, 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: WNDW 6.66% – News: Successfully processes electricity-generating glass at commercial window fabricator WSTL 6.34% – News: Board authorizes new $2M stock repurchase program DRYS 4.73% – News: Takes delivery of Kamsarmax drybulk carrier ALDX 3.53% – News: Presents phase 2 clinical trial ADX-102 results at ARVO 2017 annual meeting EGLT 2.75% – News: ARYMO™ ER data published in two medical journals ISCO 2.48% – News: Posts Q1 2017 financial results CGRW 2.46% – News:…

WednesdayMay 17, 2017 12:57 pm

NetworkNewsBreaks – NightFood Holdings, Inc. (NGTF) Engages Common Thread Collective as Online Commerce Partner; Shares Soar

Shares of NightFood Holdings (OTCQB: NGTF) climbed 38% after the company named Common Thread Collective (CTC) as its online commerce partner. CTC specializes in the active lifestyle consumer goods space and helps its clients establish influencer and ambassador relationships, drive e-commerce sales and build a digital community around the brand. "Their leadership team is made up of guys that have played sports at the highest levels, so you know they're competitors. But they also have a track record of taking consumer goods companies from very early stages to tens of millions in online revenue. We're confident they can do the…

WednesdayMay 17, 2017 12:55 pm

NetworkNewsBreaks – Cemtrex (NASDAQ: CETX) Shares Climb on Report of Over $21M in Orders During April

Cemtrex (NASDAQ: CETX) shares surged more than 30% this morning on news that during the month of April the company received more than $21 million in new orders. Among the contracts placed during this period is a three-year agreement worth approximately $15 million for the company’s electronics manufacturing services business in Germany. The contract is the largest order placed with the company to date. “We are experiencing a build out of customer activity as our sales and marketing team ramps up their outreach. The activity we are seeing in our sales pipeline validates our expanded investments in sales and marketing…

WednesdayMay 17, 2017 11:15 am

NetworkNewsBreaks – ProBility Media Corp. (PBYA) is Bridging America’s Skills Gap with Proprietary Suite of Technical Training Programs

A recent Bureau of Labor Statistics Job Openings and Labor Turnover Summary (JOLTS) shows that the number of U.S. manufacturing jobs added in March 2017 was the highest in any month since the commencement of the recession in 2008; the downside reported in the summary is that a significant skills gap is present in America, which is evidenced by massive manufacturing layoffs that are taking place concurrent with the recent increase in hiring. ProBility Media Corp. (OTCQB: PBYA) is poised to profit as it endeavors to fill the nationwide skills gap and empower America’s craftsmen and skilled workers with an…

WednesdayMay 17, 2017 11:12 am

NetworkNewsBreaks – Consilium Global Research Report Projects ChineseInvestors.com, Inc. (CIIX) Will Reach $14.8M in Revenues by FY2020

A recent research report published by Consilium Global Research predicts that ChineseInvestors.com (OTCQB: CIIX) will reach revenues of $14.8 million by fiscal year 2020 and that the company will undergo a major transformation this year as it pursues a bigger stake in the cannabis market. As cited in the report, ChineseInvestors.com achieved $930,000 in revenue for FY 2016, and the company is projected to continue growing at an estimated CAGR of 100 percent through 2020, while the underlying market’s CAGR is predicted to grow at a rate of 80 percent. “Headquartered in San Gabriel, California, CIIX offers a range of…

WednesdayMay 17, 2017 11:10 am

NetworkNewsBreaks – Ocera Therapeutics, Inc. (NASDAQ: OCRX) Reiterated with “Buy” Rating at Aegis Capital

Aegis Capital has reiterated a ‘Buy’ rating and price target of $3 on Ocera Therapeutics (NASDAQ: OCRX) following the company’s recent report of financial results for the quarter ended March 31, 2017. Ocera reported cash, cash equivalents and marketable securities of $25.2 million and restated prior guidance of cash on hand supporting operations into the second quarter of 2018. The company also provided an update on its clinical development programs of OCR-002 for the treatment of hepatic encephalopathy (HE). The company is expected to have an end of phase 2 meeting with the FDA in the third quarter of 2017, which…

WednesdayMay 17, 2017 11:08 am

NetworkNewsBreaks – Aegis Capital Reiterates “Buy” Rating on Akebia Therapeutics, Inc. (NASDAQ: AKBA)

Aegis Capital has reiterated a ‘Buy’ rating and a price target of $25 on Akebia Therapeutics (NASDAQ: AKBA) following the company’s recent report of financial results for the first quarter ended March 31, 2017. Akebia reported cash, cash equivalents and marketable securities of $251.8 million. Combined with additional upcoming payments, the company said it expects to have resources to fund the current operating plan into the first quarter of 2019. Among other highlights, the analyst noted Akebia’s upcoming milestones, including the top-line results of a phase 2 trial in Japan in the second half of 2017; the initiation of a…

WednesdayMay 17, 2017 10:09 am

NetworkNewsBreaks – SinglePoint, Inc. (SING) Enters Letter of Intent to Acquire Stake in Discount Indoor Garden Supply

Specialized holding company SinglePoint, Inc. (OTC: SING) this morning announced its entry into a Letter of Intent with Discount Indoor Garden Supply (“DIGS”). Per the terms of the LOI, SinglePoint will acquire 90 percent of DIGS in a stock and cash transaction. The company anticipates that the acquisition will bring immediate revenues to SinglePoint while positioning it as a leader in online products, retail stores, cannabis consulting and equipment in California. “We are committed to identifying and making investments that will strengthen both parties' position in the cannabis industry while building SinglePoint's corporate value,” Greg Lambrecht, CEO of SinglePoint, stated…

WednesdayMay 17, 2017 9:49 am

NetworkNewsBreaks – SRAX (NASDAQ: SRAX) Presenting at 18th Annual B. Riley Co. Investor Conference on May 24

Internet advertising company SRAX (NASDAQ: SRAX) this morning announced plans to present at the 18th Annual B. Riley Co. Investor Conference, an invitation-only conference offering premier networking and business development opportunities with an attractive beachfront setting. The company’s presentation is scheduled to take place on Wednesday, May 24, 2017, at 3:25 p.m. PT at the newly-renovated Loews Santa Monica Beach Hotel in Santa Monica, California. In addition to the company’s presentation, SRAX CEO Christopher Miglino and CFO J.P. Hannan will be hosting one-on-one meetings with investors throughout the day. Interested parties should contact Kirsten Chapman at SRAX@lhai.com or 415-433-3777 to…

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