NetworkNewsBreaks

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…

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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…

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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…

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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…

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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…

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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…

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WednesdayJun 07, 2017 11:55 am

NetworkNewsBreaks – DragonWave, Inc. (NASDAQ: DRWI) Shares Surge on News of Contract with SmartSky Networks

DragonWave, Inc. (NASDAQ: DRWI), a global supplier of packet microwave radio systems, announced late Tuesday that it has been awarded a product supply and installation services contract from SmartSky Networks, a North American 4G LTE inflight service provider. Under the terms of this deal, SmartSky will deploy DragonWave’s Harmony Enhanced and Harmony Enhanced MC products to provide high-capacity backhaul for its ground to air 4G LTE network. “DragonWave is excited to be working with SmartSky on its innovative high capacity and low latency inflight offering. This application is ideally suited for Harmony Enhanced MC,” Peter Allen, president and CEO of…

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WednesdayJun 07, 2017 10:15 am

NetworkNewsBreaks – India Globalization Capital, Inc. (NYSE: IGC) Pursues Clinical Trials of Cannabis-Based Combination Therapies with Assistance of New Advisor

India Globalization Capital (NYSE MKT: IGC) recently named Craig Cheifetz, M.D. as an advisor to assist the company with its clinical trials in microbiology, immunology, neuroscience and biotechnology. IGC CEO Ram Mukunda stated in a news release that the company looks forward to Dr. Cheifetz’s contributions as IGC moves forward in the development of unique cannabis combination therapies. “The company anticipates clinical trials in 2017 for several indications, including pain, a huge market. IGC has already filed for six patents in areas such as eating disorders and epilepsy, in addition to pain. It is working on several more filings for…

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TuesdayJun 06, 2017 3:22 pm

NetworkNewsBreaks – Player’s Network, Inc. (PNTV) Rips to New 52-Week High on Quadruple Volume following Series of Corporate Milestones

Shares of Player’s Network (OTCQB: PNTV) are up 25% in today’s late trade, clipping a new 52-week high of $0.093 and moving on volume of 11.91 million – four times the 30-day moving average of 2.78 million. Today’s performance eclipses the 52-week high of $0.075 set at market close on June 2 and continues several days of rallies fueled by a string of corporate achievements. On May 30, PNTV said it received (http://nnw.fm/8AbNW) its medical marijuana licenses, enabling the company to start operations in its 27,000-square-foot facility in North Las Vegas and pushing the stock to the sixth-highest volume on…

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TuesdayJun 06, 2017 12:44 pm

NetworkNewsBreaks – Top 10 Mid-day Percentage Gainers on June 6, 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: NIHD 36.90% News – Announces partnership with AINMT to invest in Nextel Brazil’s growth EGLT 19.45% News – Obtains coverage of ARYMO® ER (morphine sulfate) extended-release tablets SGLB 5.74% News - Has entered into agreements with two additional, non-exclusive sales agents in the Asia-Pacific region VKTX 4.03% News – Announces positive top line results from a study of VK2809 in an in vivo model of non-alcoholic steatohepatitis (NASH) NK 4.01% News – Expands NANT…

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