NetworkNewsBreaks

TuesdayNov 08, 2016 10:50 am

ChromaDex Corp. (CDXC) Shares Tick Higher on $5M Credit Facility

ChromaDex (NASDAQ: CDXC) is trading higher this morning after announcing its $5 million credit facility with Bridge Bank. ChromaDex innovates proprietary health, wellness and nutritional ingredients that create science-based solutions to dietary supplement, food and beverage, skin care, sports nutrition, and pharmaceutical products. The company says the credit facility provides the capital needed to expand its proprietary ingredient business. To view the full press release, visit: http://nnw.fm/9joXj About ChromaDex: ChromaDex leverages its complementary business units to discover, acquire, develop and commercialize patented and proprietary ingredient technologies that address the dietary supplement, food, beverage, skin care and pharmaceutical markets. In addition…

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TuesdayNov 08, 2016 10:47 am

Orexigen Therapeutics, Inc. (OREX) Inks Deal with Valeant Pharmaceuticals to Commercialize Contrave Weight Loss Drug; Shares Soar

Shares of Orexigen Therapeutics (NASDAQ: OREX) jumped more than 27% in morning trade after the company announced that its wholly owned subsidiary, Orexigen Therapeutics Ireland Ltd., will work with Valeant Pharmaceuticals International, Inc. to commercialize Orexigen’s weight loss drug, Contrave®,  in Australia and New Zealand. Per the agreement, Valeant will be responsible for obtaining regulatory approvals and for all commercialization activities; Orexigen will supply Contrave tablets to Valeant for an agreed transfer price and certain potential sales milestone payments. Orexigen said it expects Valeant to file for regulatory approvals in both countries in the first half of 2017. To view…

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MondayNov 07, 2016 1:17 pm

Net Element, Inc. (NETE) Set to Feast on Multi-Trillion Dollar Mobile Payments Market

In the rapidly evolving payments industry, more consumers are making purchases online or via mobile apps, putting the global mobile payments market on pace to reach $3 trillion by 2021. Amid this growing trend, progressive payment companies are staying ahead of the game by developing secure, convenient and reliable processing services. “In this vast landscape, a company such as Net Element, Inc. (NASDAQ: NETE) easily stands out for its versatility and dedication to offering value-added transactional services and high-quality mobile payment options to the global market. The company has several subsidiaries offering various payment processing solutions, ranging from comprehensive payment…

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MondayNov 07, 2016 1:15 pm

Technology-driven eXp World Holdings, Inc. (EXPI) is Poised for Success in Canada’s Hot Housing Market

Though real estate in Canada is expected to pull-back from its all-time high, analysts are calling for continued stability in an environment welcoming the use of technology to better serve and interact with consumers. “ … ‘the main message is that every regional market offers opportunities for savvy developers and investors—as long as they embrace technology and anticipate their future buyers’ needs’ … With the technological factor in mind, it is no surprise that companies such as eXp World Holdings, Inc. (OTCQB: EXPI) are set to capitalize on Canada’s real estate market. With potential tenants and buyers more informed than…

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MondayNov 07, 2016 11:51 am

NetworkNewsBreaks – Top 10 Mid-day Percentage Gainers on November 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: ENLB 34.02% - News: Closes merger with Energy & Environmental Services, Inc. OTTV 43.31% - News: Endorsed by former NFL player ambassador Jack Brewer ESPH 56.25% - News: Subsidiary begins delivery of $1.5M of precision growing equipment MFIN 24.23% - News: Posts Q3 earnings of $5.0 million, $0.21 per share EAPH 11.69% - News: Receives proposal for woman’s diagnostic test; advances negotiations for other products AGTK 16.67% - News: Acquires California-based non-profit Sterling Classic…

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FridayNov 04, 2016 3:54 pm

Top 10 Mid-day Percentage Gainers with News on November 4, 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: STLT 71.91% - News: Receives new patent for snake venom-derived therapy SPYR 12.50% - News: VP of strategic partnerships discusses new eSports division MGTI 15.18% - News: Plans to move forward with acquisition of D-vasive and Demonsaw CHZP 12.77% - News: Meets provisions needed for $4 million funding ANTH 12.80% - News: Issues business update, posts Q3 results MOSY 13.24% - News: Reports Q3 results FCEL 8.93% - News: Completes 5.6MW power project for…

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FridayNov 04, 2016 11:18 am

Singlepoint, Inc.’s (SING) SingleSeed to Address Payment Challenges of Cannabis Industry

The marijuana industry is on pace to reach $20.6 billion by 2020, a figure that could tick higher as more states vote on legalization for medical or recreational use. One area lacking in this burgeoning industry is payment solutions. Singlepoint’s (OTC: SING) SingleSeed subsidiary is rising to the challenge, “awakening from a quiet period to provide state-of-the-art payment solutions and mobile marketing aimed at helping industry players grow their businesses safely and securely … SingleSeed and its processing partner have extensive relationships and technology partners they can leverage to develop the necessary apps and tools that will help protect the…

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FridayNov 04, 2016 11:16 am

FuelCell Energy, Inc. (FCEL) Installs 5.6MW Power Plant for Pfizer; Shares Climb

Shares of FuelCell Energy (NASDAQ: FCEL) are higher after the company said it has completed the construction and commercial operations of a previously announced 5.6 megawatt fuel cell project on Pfizer, Inc.’s (NYSE: PFE) R&D facility in Groton, Connecticut. The project is part of a 20-year power purchase agreement between a FuelCell subsidiary and Pfizer. To view the full press release, visit:  http://nnw.fm/jAhU4 About FuelCell Energy Direct FuelCell® power plants are generating ultra-clean, efficient and reliable power on three continents, affordably providing continuous distributed power generation to a variety of industries including utilities, commercial and municipal customers.  The Company’s power…

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FridayNov 04, 2016 11:14 am

Clean Diesel Technologies, Inc. (CDTI) to Raise $10.3M in Private Placement; Shares Lower

Clean Diesel Technologies (NASDAQ: CDTI) shares tumbled in morning trade after the company announced its plans to raise about $10.3 million in a private placement of common stock priced at $2 per share. “Together with the successful repositioning of the company and the elimination of approximately $8.9 million in debt in August, this financing supports our continued execution of our advanced materials business strategy by providing us a stronger financial foundation. This financing also represents a key milestone as we seek to achieve scale and profitability, as well as build long-term shareholder value,” company CEO Matthew Beale stated in the…

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FridayNov 04, 2016 11:12 am

MGT Capital Investments, Inc. (MGTI) to Acquire Technology Interests, Forego Appeal of NYSE Listing Decision

Shares of MGT Capital Investments, Inc. (OTC: MGTI) are higher after the company announced its plans to proceed its Asset Purchase Agreement for D-Vasive, which includes the acquisition of Demonsaw, rather than appealing the decision of the NYSE to delist MGT's common stock. “This decision is based on our belief that an appeal would have little likelihood of success given the lack of transparency the NYSE provided prior to the appeal deadline,” MGT stated in the news release. Upon closing of the deal, the company said it expects to be listed on OTCQB; John McAfee and Eric "Eijah" Anderson will…

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