NetworkNewsBreaks Archive - Page 2000 of 2081

MondayApr 24, 2017 12:29 pm

NetworkNewsBreaks – Top 10 Mid-day Percentage Gainers on April 24, 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: SPI 7.8% – News: Tiger Capital Fund SPC participating in Tiger Global SP agrees to purchase 80M shares of SPI for $5.76M AKER 5.56% – News: Akers Wellness™ app approved by Apple App store, available for download on iOS devices PDLI 5.20% – News: Settles patent infringement lawsuit with certain subsidiaries of Merck & Co.; will receive one-time of $19.5M payment ADHD 2.74% – News: Mails proxy materials for Extraordinary General Meeting of Shareholders…

MondayApr 24, 2017 12:29 pm

NetworkNewsBreaks – Torchlight Energy Resources, Inc. (NASDAQ: TRCH) Completes Vertical Test in Midland Basin Well

Torchlight Energy Resources (NASDAQ: TRCH) this morning said it has tested the Flying B Ranch #2 vertical well in the Lower Wolfcamp A and Upper Wolfcamp B sections, providing confirmation for the second horizontal bench in the Hazel Project. “This vertical test was a very important and successful milestone for Torchlight and its partners. This test validates our theory that commercial production of oil and gas from horizontal development in multiple stacked pay zones across different areas of our lease is achievable. As we approach the Leonard we are hopeful to prove up the potential of a third bench in…

MondayApr 24, 2017 10:43 am

NetworkNewsBreaks – RGS Energy (NASDAQ: RGSE) Rallies on Business Update, Sales Strategy

Shares of RGS Energy (NASDAQ: RGSE) are up more than 30% in morning trade after the solar company provided a business update following its presentation at the 29th Annual Roth Conference last month. RGS Energy noted its first-quarter sales increase of 194%, expected strength in the residential solar market, and how its growth strategy differs from larger peers. “I feel good about the progress we are making since we presented our strategy for top line revenue growth at the Roth conference. Our vision remains to grow top line revenue by growing the size of our sales organizations, and supporting them…

MondayApr 24, 2017 10:09 am

NetworkNewsBreaks – Aegis Capital Reiterates ‘Hold’ Rating, $2 PT on Intellipharmaceutics International, Inc. (NASDAQ: IPCI)

Aegis Capital has reiterated a ‘Hold’ rating and price target of $2 on shares of Intellipharmaceutics International (NASDAQ: IPCI). The company recently reported first quarter 2017 results with revenue of $1.2 million compared to $0.6 million in the same period of 2016. The increase in revenue is attributed to Focalin XR, per the company’s agreement with Par Pharmaceutical. The analyst expects the company to continue making progress throughout the year, with the recent launch of Par’s generic Focalin XR driving revenues. For more information, visit www.Intellipharmaceutics.com About Intellipharmaceutics Intellipharmaceutics International Inc. is a pharmaceutical company specializing in the research, development…

MondayApr 24, 2017 9:58 am

NetworkNewsBreaks – Social Reality, Inc. (NASDAQ: SRAX) CEO Scheduled to Speak at the NAB Show

Internet advertising company Social Reality, Inc. (NASDAQ: SRAX) this morning announced that Christopher Miglino, its chairman and CEO, is scheduled to speak tomorrow at the NAB Show in Las Vegas. The NAB Show is the world’s largest convention encompassing the M.E.T. Effect, or the convergence of media, entertainment and technology. Miglino will be contributing to a panel titled “How Programmatic is Coming to TV” at 11:30 a.m. on April 25. The panel is part of the Fourth Annual Media Finance and Investor Program (MFIP), an official event at the NAB Show, and will be produced in partnership with Noble Capital…

MondayApr 24, 2017 9:42 am

NetworkNewsBreaks – ChineseInvestors.com, Inc. (CIIX) Reports 95% YOY Revenue Growth for Quarter Ended February 28, 2017

Market analysis company ChineseInvestors.com, Inc. (OTCQB: CIIX) this morning offered investors an update on its financial and business achievements for the fiscal third quarter ended February 28, 2017, as well as its outlook for the remainder of the current fiscal year and 2018. Among the highlights, the company reported significantly higher revenues for both the three- and nine-month periods ended February 28, 2017, as compared to the same periods of fiscal 2016, with operating revenues up 95 percent and 109 percent, respectively. Notably, CIIX has made significant progress toward expanding its presence in the rapidly-growing legal hemp industry in recent…

FridayApr 21, 2017 12:55 pm

NetworkNewsBreaks – Top 10 Mid-day Percentage Gainers on April 21, 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: RNVA 19.10% – News: Provides update on opening of Big South Fork Medical Center CYTR 13.10% – News: Presenting at the American Society of Clinical Oncology Annual Meeting June 2-6 MNGA 4.76% – News: Appoints new president of MagneGas Welding Supply, LLC ETII 4.62% – News: Completes 10% stock dividend LLNW 3.97% – News: Presenting at the 2017 NAB Show XGTI 3.39% – News: Presenting at the 2017 NAB Show INTX 3.62% – News:…

FridayApr 21, 2017 12:54 pm

NetworkNewsBreaks – Intersections, Inc. (NASDAQ: INTX) Completes New $20M Debt Refinancing with PEAK6 Investments

Intersections (NASDAQ: INTX) has successfully completed a new $20 million term loan financing with PEAK6 Investments, L.P. The new credit agreement extends the maturity date to April 20, 2021, and reduces and defers mandatory quarterly principal payments of $1.2 million to commence on September 30, 2019. The new agreement also carries a lower interest rate. The company used approximately $13.9 million of the proceeds to repay its prior credit agreement and related interest and expenses. The company intends to use the remaining proceeds toward subscriber acquisition and product development. Additionally, PEAK6 purchased a warrant to purchase 1.5 million shares of…

FridayApr 21, 2017 12:00 pm

NetworkNewsBreaks – Orion Energy Systems (NASDAQ: OESX) Awarded $1.9M LED Lighting Retrofit Projects for Two U.S. Naval Bases

Shares of Orion Energy (NASDAQ: OESX) are nudging higher after the company said it has secured $1.9 million in new contracts with the U.S. Navy to retrofit two naval bases with Orion’s newest LED lighting systems compliant with the U.S. “Buy American Act” and “Trade Agreements Act.” The installations are currently in process and are expected to be complete by November 2017. “We are very proud to serve our country and to build upon our 15-year relationship serving the lighting retrofit needs of the U.S. Navy. The Orion team delivers the best in performance, energy efficiency, quality, ease of installation…

FridayApr 21, 2017 11:58 am

NetworkNewsBreaks – Rennova Health, Inc. (NASDAQ: RNVA) Issues Update on Opening of Big South Fork Medical Center; Shares Surge

Shares of Rennova Health (NASDAQ: RNVA) are up 21% after the company said the Centers for Medicare and Medicaid Services (CMS) has concluded its review of the application requesting enrollment in the Medicare program as a hospital. The application was submitted by the company’s subsidiary, Big South Fork Medical Center (legal name: Scott Community Hospital, Inc.). CMS has confirmed that it has issued a recommendation for approval to the Tennessee State Agency and the CMS Regional Office. Approval will allow the hospital to open for business. It is on track to partially open during the second quarter of 2017 and…

Financial news and publishing for public and private companies

Contact us: 512.354.7000

NetworkNewsBreaks