NetworkNewsBreaks Archive - Page 546 of 553

TuesdayOct 11, 2016 11:24 am

Gevo, Inc. (GEVO) Produces World’s First Cellulosic Renewable Jet Fuel for Commercial Airline Use

Gevo (NASDAQ: GEVO) this morning announced its complete production of the world’s first cellulosic renewable jet fuel specified for commercial flights. The company said it successfully adapted its patented technologies to convert cellulosic sugars derived from wood waste into renewable isobutanol, which was then further converted into Gevo’s Alcohol-to-Jet fuel (ATJ) fuel that meets ASTM D7566 specification for commercial flights. The revisions to the ASTM D7566 specification, which occurred earlier this year, includes ATJ derived from renewable isobutanol regardless of the carbohydrate feedstock such as cellulosics, corn, sugar cane, molasses, etc. The news triggered an early morning spike in shares before…

TuesdayOct 11, 2016 11:22 am

Staffing 360 Solutions, Inc. (STAF) Shares Up 12% on Increased Revs, Trimmed Loss in Fiscal Q1 2017

Shares of Staffing 360 Solutions, Inc. (NASDAQ: STAF) are more than 12% higher in Tuesday’s morning trade after the company posted higher revenues and a narrowed loss for the fiscal first quarter ended August 31, 2016. Revenue increased 33.1% to $47.8 million, compared to $35.9 million in the fiscal quarter ended August 31, 2015. Net loss decreased 22.2% to $1.3 million, compared to a net loss of $1.7 million in the fiscal quarter ended August 31, 2015. Gross profit increased 34.3% to $8.5 million, compared to $6.3 million in the fiscal quarter ended August 31, 2015. Adjusted EBITDA increased 184%…

TuesdayOct 11, 2016 11:20 am

Terra Tech Corp. (TRTC) Climbs 6% on Scheduled Opening of its Third Cannabis Dispensary in Nevada

Terra Tech Corp. (OTCQX: TRTC), a vertically integrated cannabis-focused agriculture company, this morning announced the grand opening of its latest Blüm retail dispensary scheduled for October 22, 2016. The-5,220-square foot facility, located at 1130 East Desert Inn Road in Las Vegas, will offer the company’s premium medical cannabis, flowers, shatters, waxes and oils, among other cannabis products. This is Terra Tech's third retail location in Nevada, in addition to the Western Las Vegas Dispensary and the South Decatur Boulevard Las Vegas Dispensary. The company also operates a Blüm dispensary in Oakland, California. News of the opening pushed shares nearly 6%…

TuesdayOct 11, 2016 11:17 am

Nova LifeStyle, Inc. (NVFY) Trades 23% Higher on $15M Supply Agreement

Nova LifeStyle (NASDAQ: NVFY), a modern life style furniture company, this morning announced its $15 million annual product framework agreement with the Future Biz School (“FBS”) (www.futurebizschool.com), a Hong Kong and Malaysia-based professional training institute. Per the agreement, Nova LifeStyle will supply U.S.-made mattresses and other products to FBS, with actual sales subject to and fulfilled by specific orders from FBS. Nova LifeStyle said it has received “firm orders” for October and November of 2016 to supply $2 million worth of products. To view the full press release, visit: http://nnw.fm/L0kfJ About Nova LifeStyle Nova LifeStyle, Inc., a NASDAQ Global Markets…

TuesdayOct 11, 2016 11:12 am

Biostar Pharmaceuticals, Inc. (BSPM) to Launch “Easy Breathing” Product in the People’s Republic of China, Shares Spike 16%

Shares of Biostar Pharmaceuticals, Inc. (NASDAQ: BSPM) surged more than 16% in Tuesday’s morning trade after the manufacturer and marketer of pharmaceutical and health supplement products in China announced the upcoming launch of its "Easy Breathing" product for the treatment of rhinitis and sinusitis. The product will be manufactured, distributed and sold in the People’s Republic of China, where the company is based. Sales will commence in November 2016. Rhinitis is irritation and inflammation of the mucous membrane inside the nose. Sinusitis is an inflammation or swelling of the tissue lining the sinuses. To view the full press release, visit:…

MondayOct 10, 2016 12:23 pm

OurPet’s Company (OPCO) Partners with Paulee Cleantec Ltd. to Create Eco-Friendly Waste Management Solutions

OurPet’s Company (OTCQX: OPCO) today announced that it has teamed up with Israel-based Paulee Cleantec, an international leader in eco-friendly solutions for the management of human and animal waste, calling the new partnership a “viable catalyst of major innovative solutions to the environmental concerns of pet waste management.” Paulee Cleantec has developed a patented waste system to rapidly convert animal feces into an odor-free ash fertilizer, thereby reducing the damaging impact of pet waste management on the environment. The partnership will leverage both companies’ innovations to commercialize an initial, portable dog waste product, as well as to apply the technology…

MondayOct 10, 2016 11:58 am

CytRx Corporation (CYTR) Presents Interim Clinical Trial Results for Aldoxorubicin Combination

CytRx (NASDAQ: CYTR) today presented interim results from its ongoing phase 1b/2 trail of aldoxorubicin in combination with ifosfamide/mesna in patients with advanced sarcomas, pushing shares higher in morning trade. At the European Society for Medical Oncology (ESMO) 2016 Congress being held in Copenhagen, Denmark, CytRx reported that: over 25% of sarcoma patients achieved a partial response for the target lesion while 61% had prolonged stable disease; six patients with unresectable tumors achieved greater than 50% tumor shrinkage, allowing some of them to become eligible for surgery; and there were no signs of cardiotoxicity, including in patients that received approximately…

MondayOct 10, 2016 11:57 am

SinglePoint, Inc. (SING) in Final Stages of Uplisting, CEO says on MoneyTV with Donald Baillargeon

SinglePoint (OTC: SING), a full-service mobile technology and marketing provider, was recently featured on MoneyTV, an internationally syndicated television program about “money and what makes it happen.” In the interview, SinglePoint CEO Greg Lambrecht tells host Donald Baillargeon about the company’s ongoing efforts to become a fully reporting company and uplist to the OTCQB Venture Market. SinglePoint has already completed the required Form 10 and hopes to submit it to the U.S. Securities and Exchange Commission and become a fully reporting company “within the next week or so.” To view the full article, visit: http://nnw.fm/y7dFQ About SinglePoint, Inc. SinglePoint, Inc.…

MondayOct 10, 2016 11:56 am

MobileIron, Inc. (MOBL) Boosts Q3 Guidance, Shares Climb

Shares of MobileIron (NASDAQ: MOBL) are trading higher this morning after the stand-alone enterprise mobility management (EMM) provider raised guidance its guidance for the third quarter ended September 30, 2016, and said it is “on track” to be cash flow positive by the fourth quarter. Gross billings for the third quarter of 2016 are expected to be in the range of $46.5 million-$47.5 million, above the company's previous guidance of $43 million-$45 million. MobileIron said it now expects revenues between $41.0 million-$42.0 million, above the previous guidance of $39 million-$41 million. Non-GAAP operating expenses are expected to be at the…

MondayOct 10, 2016 11:55 am

Monaker Group, Inc. (MKGI) Gaining Traction in Industry Set for $169B

Monaker Group (OTCQB: MKGI), a technology-driven travel company focused on the alternative lodging rental (ALR) market, earlier this year launched its Monaker Booking Engine ("MBE") and completed its Application Program Interface ("API") to the MBE. Along with the company’s flagship NextTrip.com platform, the achievements mark the company’s advanced penetration of the ALR market, which industry experts say will reach approximately $169 billion by 2019. To read the full article, visit: http://nnw.fm/gJq4K About Monaker Group Monaker Group is a technology driven Travel Company with multiple divisions and brands, leveraging more than 60 years of operation in leisure travel. Monaker's flagship is…

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