NetworkNewsBreaks Archive - Page 2178 of 2304

TuesdayAug 15, 2017 2:13 pm

NetworkNewsBreaks – SeeThruEquity Updates Coverage, Increases PT on Medical Transcription Billing, Corp. (NASDAQ: MTBC)

SeeThruEquity has updated its coverage and increased its price target to $4 on shares of Medical Transcription Billing, Corp.’s (NASDAQ: MTBC) stock. The company recently reported financial results for the second quarter of 2017, including a 49% increase in revenues, year-over-year. MTBC also reported a 55% increase for the first half of 2017, with revenues of approximately $16 million. The company attributes this growth primarily to its largest acquisition, MediGain, and a higher rate of retention from MediGain customers than originally expected. For more information, visit www.mtbc.com About Medical Transcription Billing, Corp. MTBC is a healthcare information technology company that…

TuesdayAug 15, 2017 2:10 pm

NetworkNewsBreaks – Helios and Matheson Analytics, Inc. (NASDAQ: HMNY) Enters Agreement to Acquire Majority Stake in MoviePass™

Helios and Matheson Analytics (NASDAQ: HMNY) shares are up 5% mid-day on news that the company has entered into a definitive agreement to acquire a majority stake of movie subscription technology company MoviePass Inc. MoviePass is available in over 91% of all theaters in the U.S., and the app permits subscribers to see unlimited movies in theaters for a fee of $9.95 monthly. The closing of the transaction is subject to the company completing an equity or equity-linked financing transaction with gross proceeds of at least $10 million, among other material conditions. “With our big data and artificial intelligence platforms…

TuesdayAug 15, 2017 9:50 am

NetworkNewsBreaks – AppSwarm, Inc. (SWRM) Acquires Multiplatform Games Developer MediaPlay

Technology development and incubation acceleration company AppSwarm, Inc. (OTC: SWRM) this morning announced its acquisition of MediaPlay, a multiplatform game developer and publisher with a special focus on the creation of free-to-play mobile games. MediaPlay features a core team that’s made up of industry veterans who have worked in executive positions with some of the largest gaming companies in the world. “We are excited to work together with MediaPlay,” Ronald Brewer, CEO of AppSwarm, stated in the news release. “With a keen focus on nurtured relationships, international contacts, and proven ability to execute major corporate development and publishing agreements, we…

TuesdayAug 15, 2017 9:21 am

NetworkNewsBreaks – HighCom Global Security, Inc. (HCGS) Advances Restructuring Plan with New CEO and Board of Directors

Leading security solutions provider HighCom Global Security, Inc. (OTC: HCGS), as part of its corporate restructuring effort, this morning introduced Craig B. Campbell as its new chief executive officer. The company also announced the reorganization of its HighCom Security, Inc. subsidiary and the formation of a new board of directors in conjunction with its official name change, originally reported on August 4, 2017. Moving forward, HighCom Security, Inc. will be divided into two entities: HighCom Armor Solutions, Inc., which will service the global personal protective equipment market, and BlastGard Technologies, Inc., which will house the company’s patented BlastWrap blast mitigation…

MondayAug 14, 2017 5:28 pm

NetworkNewsBreaks – Net Element, Inc.’s (NASDAQ: NETE) Q2 Revenues Increase on Strength in North America Transaction Solutions Segment

Net Element (NASDAQ: NETE) after market close reported its second-quarter results for the three months ended June 30, 2017, along with an update on corporate initiatives. The global financial technology company reported net revenues of $16.1 million, an increase of 18% compared to the comparable quarter of 2016, largely driven by growth in its North America Transaction Solutions and Online Solutions Segments. Noted highlights for the second quarter include the launch of its PayOnline platform, the roll-out of a number of payment solutions, and a key partnership in Europe. "We are pleased with our continued growth. Our results are a…

MondayAug 14, 2017 1:53 pm

NetworkNewsBreaks – Top 10 Mid-day Percentage Gainers on August 14, 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: BTCS 150.24% – News: Trading higher, likely on momentum from broader bitcoin interest ZYXI 54.32% – News: Posts Q2 2017 financial results, hosts webcast CCOM 20.00% – News: Posts Q2 2017 financial results SPIN 16.88% – News: Names new chief operating officer CHKE 14.63% – News: Amends credit facility with Cerberus TESO 12.82% – News: Enters stock-for-stock transaction agreement with Nabors Industries Ltd. EKSO 12.24% – News: Commences $34M rights offering SNGX 9.56% –…

MondayAug 14, 2017 1:53 pm

NetworkNewsBreaks – Tempus Applied Solutions (TMPS) Enters Deal to Acquire Ex-Royal Air Force AAR Aircrafts

Shares of Tempus Applied Solutions (OTCQB: TMPS) are up 10.8% mid-day after the company this morning said that it has entered into a definitive purchase agreement for the acquisition of six Lockheed L-1011s formerly owned and operated by the Royal Air Force (RAF) of the United Kingdom. Four of the acquired aircrafts are configured for air-to-air refueling (AAR) operations, while the other two are designed for passenger and cargo operations only. Inspections of the aircraft, associated log books and support equipment will take place before the closing of the acquisition. The company expects to issue the seller approximately 6,730,769 common…

MondayAug 14, 2017 1:51 pm

NetworkNewsBreaks – Biocept, Inc. (NASDAQ: BIOC) Inks Exclusive Distribution Agreement with VWR

Shares of Biocept (NASDAQ: BIOC) are ticking higher following news that the company has signed an exclusive global distribution agreement for its proprietary blood collection tubes (BCTs), excluding China, with VWR International, LLC. The company’s commercial launch of BCTs is anticipated to commence in the second half of 2017. "We are very proud to be working with VWR, for the distribution of our proprietary liquid biopsy collection tubes. Entering into the global market with a scaled offering for liquid biopsy is the first step toward growing from an exclusive CLIA lab business to a technology and products company. The development…

MondayAug 14, 2017 9:31 am

NetworkNewsBreaks – Global Payout, Inc. (GOHE) Executes Licensing Agreement with Cagney Global Logistics

Payment solutions company Global Payout, Inc. (OTC: GOHE) this morning announced that it has finalized and fully executed a licensing agreement with Cagney Global Logistics for the exclusive white labeling and implementation of the Global Reserve Platform. The new platform will be integrated into Cagney’s existing delivery and payment component, the Final Mile solution, in order to enhance its Fortune 500 customer web sales. “Our technical team has been diligently working to address the specific needs and requests that have been presented to us by Cagney,” William Rochfort, president of Global Payout, stated in the news release. “In this time,…

MondayAug 14, 2017 9:08 am

NetworkNewsBreaks – ChineseInvestors.com, Inc. (CIIX) Launches Cryptocurrency Education and Trading Subscription Service

Market analysis company ChineseInvestors.com, Inc. (OTCQB: CIIX) this morning announced the launch of its cryptocurrency education and trading subscription service on Chinesefn.com. The new subscription service will cover news and provide analysis regarding all aspects of the emerging digital currency world, including industry trends, price movement and sector related stocks. “Cryptocurrencies like bitcoin have become a global phenomenon,” Warren Wang, founder and CEO of CIIX, stated in the news release. “Since January 2015, the price of Bitcoin has increased 500% from $200 to $1,000 in January 2017, and just spiked to a record high over $4,000 as US-North Korea tensions…

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