NetworkNewsBreaks Archive - Page 2171 of 2221

TuesdayFeb 07, 2017 12:38 pm

NetworkNewsBreaks – Iao Kun Group Holding Company Ltd. (NASDAQ: IKGH) Enters Chinese Technology Industry with Majority Stake in LiNiu Network

Iao Kun Group (NASDAQ: IKGH) this morning said its strategy to focus on the Chinese technology industry begins with its acquisition of a 51% interest in Jia-Heng Industrial Ltd., the holding company of Guangzhou LiNiu Network Technology Co. Ltd., a software technology development company that's developing an electronic B2C trading platform focused on the Chinese agricultural industry. Per the agreement, IKGH will issue 12.484 million ordinary shares upon the transaction’s closing, as well as cash consideration that is contingent upon LiNiu Network achieving after-tax income targets. The acquisition is expected to close in the first quarter of 2017. “After appropriate…

TuesdayFeb 07, 2017 12:36 pm

NetworkNewsBreaks – Israel’s B.O.S. (NASDAQ: BOSC) Hits “Significant Milestone” with $380,000 Order from American Customer

B.O.S. Better Online Solutions ("BOS") (NASDAQ: BOSC) is trading higher after the RFID and mobile solutions provider said its Supply Chain Division has received an electronic components order from an American customer valued at $380,000. The order is anticipated to be delivered in the first quarter of 2017. “This order marks a significant milestone in our sales to the American market, as we expect it to be followed by additional orders from this customer,” BOS president Avidan Zelicovski stated in the news release. BOS is scheduled to release its fourth-quarter and fiscal year results on March 21. To view the…

TuesdayFeb 07, 2017 12:34 pm

NetworkNewsBreaks – VBI Vaccines, Inc. (NASDAQ: VBIV) Trades Higher on Positive Scientific Advice from EMA

VBI Vaccines (NASDAQ: VBIV) ("VBI") this morning said it has received positive scientific advice regarding its European development path for its Sci-B-Vac™ vaccine from the European Medical Agency’s (EMA) Committee for Medicinal Products for Human Use (CHMP). In its letter, the CHMP stated its support of VBI's proposed plan to proceed to the phase III clinical studies of Sci-B-Vac™, and agreed that the product information and data from ongoing studies supports the phase III clinical studies and VBI's planned filing of a market authorization application. The company is also evaluating plans for the pivotal phase III clinical studies with the…

TuesdayFeb 07, 2017 10:28 am

NetworkNewsBreaks – Stealth Technologies, Inc. (STTH) Announces Engagement of NetworkNewsWire

Stealth Technologies, Inc. (OTCQB: STTH), a company focused on the development and commercialization of technology aimed at identity protection and personal safety, this morning announced its engagement of NetworkNewsWire (NNW) for corporate communications solutions. NNW is a multifaceted financial news and publishing company working to help public and private organizations find their voice and build market visibility by leveraging a rapidly expanding distribution network of more than 5,000 key syndication outlets. “Innovation is a cornerstone of our corporate strategy at Stealth Technologies, and this includes constant refining of our communications initiatives as we capture our share of the personal emergency…

TuesdayFeb 07, 2017 9:50 am

NetworkNewsBreaks – SinglePoint, Inc. (SING) Announces Position as a Debt-Free Company

Full-service mobile technology and marketing provider SinglePoint, Inc. (OTC: SING) this morning announced that it is now officially debt-free. The milestone comes as a result of the company’s ongoing fundraising initiatives, which have already resulted in the addition of more than $300,000 of working capital to its balance sheet. SinglePoint has also entered into a Letter of Intent stemming from these efforts that’s expected to result in the securement of $1 million of additional funding. Per this morning’s update, SinglePoint intends to use the capital from these fundraising efforts to support its proposed uplisting to the OTCQB Venture Market later…

MondayFeb 06, 2017 1:17 pm

NetworkNewsBreaks – Aytu Bioscience, Inc.’s (AYTU) MiOXSYS® Platform Addresses Diagnostic Challenges of Male Infertility

Oxidative stress is known to be a contributing factor to male infertility, though a significant amount of infertility cases remain unexplained. This is largely due to a lack of standardized tests to determine oxidative stress. A new clinical application called MiOXSYS®, however, is set to change that by assessing oxidative stress levels in semen as an aid in the diagnosis of male infertility. The platform is being developed by Aytu BioScience (OTCQX: AYTU), a leading pharmaceutical company focusing on the commercialization of innovative urology products. The company is currently pursuing regulatory approval for commercialization in the United States while boosting…

MondayFeb 06, 2017 1:15 pm

NetworkNewsBreaks – Newtek Business Services Corp. (NASDAQ: NEWT) Embraces E-Commerce as Growing Payment Trend

As a business development company, Newtek Business Services (NASDAQ: NEWT) is focused on providing financial and business services to the small- and medium-sized business market. Through its electronic payment processing, managed technology solutions, small business finance, and Capcos segments, Newtek has helped increase revenues, reduce expenses and minimize risks for over 100,000 business accounts. Newtek’s electronic payment and eCommerce solutions portfolio companies processed $4.7 million in sales for its eCommerce merchants on Black Friday 2016, a substantial 12.6% increase over Black Friday the year prior. To learn more, visit www.newtekone.com About Newtek Business Services Corp. Newtek Business Services Corp., Your…

MondayFeb 06, 2017 1:14 pm

NetworkNewsBreaks – Accuray, Inc. (NASDAQ: ARAY) Covered at Aegis Capital with ‘Buy’ Rating, $7 PT

Aegis Capital Corp. has initiated coverage of Accuray (NASDAQ: ARAY), issuing a 'Buy' rating and $7 price target on the company's stock. Accuray is a radiation oncology company with distinctive, innovative products specifically designed for image-guided radiosurgery and intensity-modulated radiation therapy - two rapidly growing market segments. The company’s most recent financial results, for the second fiscal quarter and six months ended December 31, 2016, show second-quarter gross orders of $78.5 million with net orders of $54.1 million totaling year-over-year growth of 17%, as well as an ending backlog increase of 16% year-over-year to $426.2 million. To learn more, visit…

MondayFeb 06, 2017 12:03 pm

NetworkNewsBreaks – Top 10 Mid-day Percentage Gainers on February 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: ETST 29.63% – News: Announces new wholly owned subsidiary, Cannabis Therapeutics, Inc. HTCO 24.10% – News: Accumulates close to $12M in prospective sales for its "grow.droid" platform FNBC 15.13% – News: Appoints new CEO NWBO 12.47% – News: Provides an update on phase III trial of DCVax®-L SIRC 12.32% – News: Supports the non-profit organization GRID Alternatives JTPY 11.07% – News: Enters agreement with the Office of the Illinois State Treasurer to become the…

MondayFeb 06, 2017 12:02 pm

NetworkNewsBreaks – Recon Technology (NASDAQ: RCON) Receives Authorization to Bid on Future ABB (NYSE: ABB) Projects

Recon Technology (NASDAQ: RCON) this morning announced it has received an authorization letter from ABB (NYSE: ABB), enabling Recon to bid on several of the power and automation technology company’s upcoming projects. Recon said it would provide on-site project commissioning and maintenance services to ABB for any successful project bids. "We are pleased to receive authorization from ABB, giving Recon recognition from the global pioneer of automation technology. Over the years, we have been committed to the exploration and development of new business opportunities outside our traditional oilfield sector. We are confident that our experience within the energy industry, as…

Financial news and publishing for public and private companies

Contact us: 512.354.7000

NetworkNewsBreaks