NetworkNewsBreaks

FridayJun 09, 2017 9:20 am

NetworkNewsBreaks – Kootenay Zinc Corp. (CSE: ZNK) (OTCQB: KTNNF) Steps Up Exploration Efforts in Wake of Chinese Production Cuts

As China recently increased its import of zinc in the wake of production halts – part of an environmental crackdown on China’s steel industry – global zinc prices subsequently soared. With worldwide zinc inventories already under pressure due to increasing demand, China’s efforts to curb zinc and nickel production will likely continue significantly impacting the global supply, and zinc exploration corporations like Kootenay Zinc Corp. (CSE: ZNK) (OTCQB: KTNNF) are hastening to step up their efforts to find deposits and help slake this global shortage. “China’s move is likely to drive zinc demand even higher. According to the International Lead…

Continue Reading

ThursdayJun 08, 2017 1:22 pm

NetworkNewsBreaks – Top 10 Mid-day Percentage Gainers on June 8, 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: NFEC 13.53% – News: Conducts business visit in India ADAD 10.26% – News: Receives Q1 2017 update from Fingerprint Play NXTD 7.05% – News: Fit Pay receives approval as a Visa Token Service provider NMRX 5.62% – News: Closes $13.5M note purchase agreement with Hale Capital Partners STLT 5.11% – News: Reaches agreement with former CEO to return 1.6M shares UONE 4.76% – News: CASSIUS releases June 2017 cover SPYR 4.40% – News: Inks…

Continue Reading

ThursdayJun 08, 2017 1:21 pm

NetworkNewsBreaks – Grey Cloak Tech (GRCK) Enables Integration of Brick-and-Mortar and E-Commerce Omni-Channel Shopping

Now a dual-faceted company following its March 2017 takeover of ShareRails and its cloud-based software, Grey Cloak Tech (OTC: GRCK) is poised to play a significant role as major retailers seek to successfully integrate their physical stores with e-commerce to keep stride with the changing retail market. The proprietary software offered through ShareRails presents a promising solution in the battle of brick-and-mortar stores versus online companies, enabling storefront merchants to compete in the omni-channel shopping world and drive business to their physical locations through the use of e-commerce tools. “ShareRails’ proprietary software could be a key element in the survival…

Continue Reading

ThursdayJun 08, 2017 11:45 am

NetworkNewsBreaks – AVEO Oncology’s (NASDAQ: AVEO) Phase 1/2 TiNivo Trial Advances to Phase 2

AVEO Oncology (NASDAQ: AVEO) this morning said it has progressed to the phase 2 portion of its phase 1/2 AVEO-sponsored TiNivo trial evaluating tivozanib in combination with Bristol-Myers Squibb’s Opdivo® in subjects with advanced renal cell carcinoma (RCC). The advancement follows the successful completion of the phase 1 dose escalation portion of the trial, results of which will be submitted for presentation at an upcoming scientific meeting. “As our registration strategy for single agent tivozanib reaches key inflection points, with a European regulatory decision expected in the near-term and readout of our US registration-directed TIVO-3 study expected in the first…

Continue Reading

ThursdayJun 08, 2017 11:05 am

NetworkNewsBreaks – Amedica Corporation (NASDAQ: AMDA) Releases Preliminary Earnings Report for FY2016

Amedica Corporation (NASDAQ: AMDA), a company that develops and commercializes silicon nitride for biomedical applications, this morning announced its preliminary earnings report for the fourth quarter and fiscal year ended December 31, 2016, and provided a business updated related to its strategy and recent developments. Among the highlights, Amedica reported preliminary revenue of $3.6 million for the fourth quarter of 2016 and $15.2 million for the full year. Preliminary GAAP net loss for the 12-month period was $1.19 per share, down from a net loss of $5.50 per share in 2015. Looking ahead, Amedica notes that it expects to complete…

Continue Reading

ThursdayJun 08, 2017 10:21 am

NetworkNewsBreaks – FuelCell Energy, Inc. (NASDAQ: FCEL) Reports Second Quarter 2017 Results; Shares Lower

FuelCell Energy, Inc. (NASDAQ: FCEL), a global leader in delivering clean, innovative and affordable fuel cell solutions for the supply, recovery and storage of energy, this morning reported its financial results for the fiscal quarter ended April 30, 2017. The company’s total revenues for the three-month period were $20.4 million, down from $28.6 million for the comparable prior year period. Likewise, FCEL’s net loss attributable to common shareholders for the quarter totaled $14.0 million, or $0.33 per basic and diluted share, down from $16.2 million, or $0.56 per basic and diluted share, for the second quarter of 2016. Per a…

Continue Reading

WednesdayJun 07, 2017 3:36 pm

NetworkNewsBreaks – Top 10 Mid-day Percentage Gainers on June 7, 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: WINS 154.32% News – Shares halted, pending response to Nasdaq request for more information CERS 12.13% News – Issues optimistic outlook/update on U.S. Platelet Additive Solution (PAS) supply CALA 10.23% News – FDA grants Orphan Drug Designation to CB-839 combination to treat metastatic renal cell carcinoma SNES 10.66% News – ContraPest receives state registration, bringing total number of Florida registrations to 49 VLGEA 8.30% News – Posts Q3 increases in net income, sales SSKN…

Continue Reading

WednesdayJun 07, 2017 3:31 pm

NetworkNewsBreaks – Cerus Corp. (NASDAQ: CERS) Says FDA Decision Could Minimize Potential PAS Supply Disruption; Shares Higher

Shares of Cerus Corp. (NASDAQ: CERS) are up 11.2% after the biomedical products company said an expected shortage of Fresenius Kabi platelet additive solution (PAS) could be less disruptive to blood center production of INTERCEPT platelets thanks to a key decision by the FDA. The agency is reviewing a recent submission by Fresenius Kabi as a Changes Being Effected in 30 Days (CBE-30) supplement to address some changes in raw materials used by the manufacturer of the PAS container.  CBE-30 allows ongoing distribution of the product during the review period, which could minimize impact. “We are cautiously optimistic that a…

Continue Reading

WednesdayJun 07, 2017 3:13 pm

NetworkNewsBreaks – Player’s Network (PNTV) Shares Continue Two-Day Streak, Set Second New High this Week

Shares of Player’s Network (OTCQB: PNTV) are up 7% at $0.10 near market close, moving on volume of 5.83 million and setting a new 52-week high for the third time since last Friday. On June 2, PNTV announced (http://nnw.fm/2s34T) that its majority owned Green Leaf Farms subsidiary had completed the first phase of construction for its marijuana cultivation and production facility in North Las Vegas. This achievement was preceded by news earlier in the week that Green Leaf received two Nevada state-issued recreational marijuana licenses, as well as medical marijuana licenses (http://nnw.fm/9XLst). PNTV said the licenses create another revenue stream…

Continue Reading

WednesdayJun 07, 2017 12:25 pm

NetworkNewsBreaks – Novavax, Inc. (NASDAQ: NVAX) Announces Publication of Clinical Trial Data in Vaccine

Clinical-stage biotechnology company Novavax, Inc. (NASDAQ: NVAX) today announced that data from the second of two phase II trials of its RSV F protein recombinant nanoparticle vaccine candidate in women of childbearing age have been published in the journal Vaccine. This specific information was previously shared at scientific conferences, and top line results from this trial were originally announced in April 2014. “The Western Blot finding from this trial, which demonstrates a reduction in recent RSV infections of approximately 52% in the vaccine relative to the placebo arms, is consistent with the Western Blot data we reported from a comparable…

Continue Reading