NetworkNewsBreaks Archive - Page 2106 of 2125

WednesdayNov 16, 2016 12:51 pm

MagneGas Corp. (MNGA) Announces $3M Placement; Shares Lower

Shares of MagneGas (NASDAQ: MNGA) are down more than 16% in mid-morning trade after the waste conversion company announced its agreement with a single institutional investor for a registered direct placement of approximately $3 million. The Securities Purchase Agreement provides for the sale of $2.5 million of pre-funded warrants which are exercisable into 5,102,041 shares and $500,000 in payment for 1,020,408 shares. The placement is expected to close on or before November 18, 2016, subject to satisfaction of customary closing conditions. To view the full press release, visit: http://nnw.fm/4lMKN About MagneGas Corporation MagneGas® Corporation (MNGA) owns a patented process that converts…

WednesdayNov 16, 2016 12:49 pm

Amyris, Inc. (AMRS) Collaboration Reaches “Key Milestone” in Oncology Drug Development

Amyris (NASDAQ: AMRS) shares are ticking higher after the industrial bioscience company said its collaboration with “one of the world’s leading” pharmaceutical companies has resulted in the creation of a “robust, sensitive activity assay for an oncology target in a live yeast strain.” This high-throughput assay enables screening for chemical diversity found in nature using Amyris’s proprietary µPharm™ platform, with the potential to provide previously inaccessible molecule targets. The µPharm platform combines two powerful technologies that Amyris said can significantly accelerate and reduce the cost of new drug discovery. To view the full press release, visit: http://nnw.fm/9LkVH About Amyris Amyris…

WednesdayNov 16, 2016 12:46 pm

Cemtrex, Inc. (CETX) Ranked as No. 213 Fastest Growing Company in North America

Cemtrex (NASDAQ: CETX) is trading 4% higher in morning trade after announcing that it has ranked No. 213 on Deloitte’s Technology Fast 500™. The industrial and manufacturing solutions company obtained its ranking based on revenue growth of 368% from 2012 to 2015. “We are proud of receiving this award now three times in the last 5 years and of our growth of over 350% during that time frame. Our goal is to continue to be a ‘Fast 500’ company for many years to come and we are confident that we can continue to grow at rapid pace,” Cemtrex’s chairman and…

TuesdayNov 15, 2016 3:26 pm

NetworkNewsBreaks – Top 10 Mid-day Percentage Gainers on November 15, 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: LOGX 54.64% – News: Inks deal with established financial services firm NPHC 40.00% – News: Initiated infomercial test campaign for OTC drug for pain in animals UVND 32.81% – News: Posts over 50% revenue increase in Q3 NMUS 30.95% – News: Will present NB1111 data at 2016 AAPS national meeting CLRB 30.11% – News: Selects INC Research (NASDAQ: INCR) to oversee phase 2 clinical trial of CLR 131 BLIN 32.02% – News: iAPPS platform…

TuesdayNov 15, 2016 1:09 pm

Marathon Patent Group, Inc. (MARA) Subsidiary Inks Licensing Deal with the University of Cincinnati; Shares Lower

3D Nanocolor Corporation, a subsidiary of Marathon Patent Group (NASDAQ: MARA), has entered into an exclusive license agreement with the University of Cincinnati covering the company’s patent-pending applications based on 3D Nanocolor's electrokinetic (EK) technology. 3D Nanocolor will showcase a prototype of the technology early next year. "The recent addition of two highly capable and accomplished technologists with specific experience in our field of technology, combined with our prototype of our technology being showcased to executives of a leading European automobile manufacturer in early 2017, gives us cause for optimism. We are working diligently and looking forward to the opportunity…

TuesdayNov 15, 2016 1:07 pm

Immunomedics, Inc. (IMMU) Receives 4 New Patents for Expanded Antibody-Drug Conjugate Program

Immunomedics (NASDAQ: IMMU) this morning announced it has received patent protection for the use of IMMU-132, the company’s lead antibody-drug conjugate (ADC) for the treatment of patients with Trop-2-positive cancers. Based on “encouraging objective response rates and durable responses” from an ongoing phase 2 clinical study, Immunomedics said it plans to expand its ADC program to include liquid tumors. As a result, the company created and received a patent for IMMU-140, as well as another ADC targeting B-cell hematologic malignancies. All three new ADC patents will expire in July 2033. Additionally, Immunomedics’ IBC Pharmaceuticals, Inc. subsidiary has received a patent…

TuesdayNov 15, 2016 1:05 pm

Viking Therapeutics, Inc. (VKTX) Presents Additional Results of VK2809 for Treatment of High Cholesterol; Shares Higher

Viking Therapeutics (NASDAQ: VKTX) is trading higher after the clinical-stage biopharmaceutical company announced additional data from its previously completed phase 1b clinical trial designed to evaluate the safety and tolerability of VK2809 in subjects with mild hypercholesterolemia, or high cholesterol. As presented in a poster presentation earlier this week at the American Heart Association (AHA) Scientific Sessions 2016 in New Orleans, the new results show VK2809's effect on additional proteins associated with cardiovascular disease. "These data support the promise of thyroid beta-targeted approaches for the treatment of cardiovascular and other metabolic diseases. We previously reported results showing VK2809's ability to…

TuesdayNov 15, 2016 11:33 am

Fusion Telecommunications (FSNN) Trades Higher on Apptix Acquisition, Q3 Performance, New Credit Facility

Shares of Fusion Telecommunications (NASDAQ: FSNN) are 10% higher after the company announced its acquisition of Virginia-based cloud services provider Apptix, Inc. for $28 million, as well as reported third-quarter revenue of $29.5 million and a $70 million credit facility. Fusion attributes the 20% YoY increase in consolidated revenue to revenue growth of 27% from its Business Services segment. To view the full press release, visit: http://nnw.fm/0zz9C About Fusion Fusion, a leading provider of integrated cloud solutions to small, medium and large businesses, is the industry's single source for the cloud. Fusion's advanced, proprietary cloud service platform enables the integration…

TuesdayNov 15, 2016 11:31 am

Moxian, Inc. (MOXC) Raises $10M in Public Offering, Uplists to NASDAQ

Moxian, Inc. (NASDAQ: MOXC) this morning made its debut on the NASDAQ Capital Market after a successful uplist from the OTCQB. The provider of an innovative offline-to-online (O2O) integrated social media platform also announced the completion of its public offering, for which it expects gross proceeds of about $10 million. To view the full press release, visit: http://nnw.fm/Rq2EN About Moxian, Inc. Moxian (MOXC) engages in the business of providing social marketing and promotion platforms to merchants who desire to promote their businesses through online social media. The company’s products and services aim to enhance the interaction between users and merchant…

MondayNov 14, 2016 2:41 pm

NetworkNewsBreaks – Top 10 Mid-day Percentage Gainers on November 14, 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: PFTI 42.59% - News: Conversion cuts long-term debt 47% to $7M MCIG 31.53% - News: Turns to profit, Q2 revenues increase 126% from Q1 ENTK 30.77% - News: Inks deal with State Bicycle Co. to build virtual store in Hypatia WARM 20.40% - News: Says Mobile Generation technology is near completion GRWG 28.26% - News: Posts record Q3, nine-month financial results OBCI 18.81% - News: Record Q3 performance; earnings of $1.5M on sales of…

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