NetworkNewsBreaks Archive - Page 600 of 610

ThursdayOct 20, 2016 12:20 pm

Capricor Therapeutics, Inc. (CAPR) Trades Higher on News of $4.2M Grant from National Institutes of Health

Shares of Capricor Therapeutics (NASDAQ: CAPR) spiked 7% at the opening bell after the company announced that it has received a grant of up to $4.2 million from the National Institutes of Health to study CAP-2003 for hypoplastic left heart syndrome (HLHS). "We are excited to be part of this research effort to understand how CDC Exosomes, which are believed to be responsible for the regenerative effect of cardiosphere-derived cells, may be useful in the treatment of a serious congenital heart condition. We look forward to seeing if CAP-2003 can improve heart function, initially in pre-clinical models, and eventually in…

ThursdayOct 20, 2016 12:19 pm

xG Technology, Inc. (XGTI) Inks Binding Agreement to Acquire Vislink Communication Systems

xG Technology (NASDAQ: XGTI, XGTIW), a provider of critical wireless communications for use in challenging operating environments, this morning announced its binding agreement to acquire the assets of the Vislink Communication Systems division from Hungerford, United Kingdom-based Vislink, Plc. The deal is expected to close by year-end 2016. "We believe that Vislink chose to sell the division to a purchaser that would operate the business as a going concern, versus financial acquirers. We further believe that the combined business will create a market leader in video technology providing scale and global reach. Considering the inherent synergies with our business unit Integrated…

WednesdayOct 19, 2016 12:32 pm

Monaker Group, Inc.’s (MKGI) Maupintour Occupies Long-standing Position in Luxury Travel Market

The luxury travel market experienced a compound annual growth rate of 4.5% between 2011 and 2015, an upward trend expected to continue as more consumers pursue personalized experiences and top-notch services. The trend is likely to continue over the next decade, with new business opportunities and challenges for leading providers of luxury tours such as Monaker Group, Inc.’s (OTCQB: MKGI) Maupintour …a company with 65 years of experience in offering luxury and customizable private tours to the best destinations in the world. Some of the top luxury tours on the company’s roster this fall include a 9-day tour of traditional…

WednesdayOct 19, 2016 12:31 pm

Consumer Trends are Front and Center for Moxian, Inc. (MOXC)

Moxian (OTCQB: MOXC), a provider of social media marketing and promotion platforms, focuses on consumer behavior to help merchants better understand buyers’ decision making processes. “With consumer behavior data being at the forefront of e-commerce today, the goal is to know what consumers want before they even ask for it. Algorithms and big data are now enabling retailers to capitalize on their consumers by offering them what they want based on their shopping history and all the other variables … MOXC enables consumers and merchants to better interact thanks to consumer behavior data compiled in the Moxian database. With this…

WednesdayOct 19, 2016 12:30 pm

Ballard Power Systems (BLDP) Commissions Second Tranche of Fuel Cell Buses in China

Ballard Power Systems (NASDAQ: BLDP; TSX: BLD) this morning announced the commissioning and deployment of 10 fuel cell-powered buses in the City of Yunfu, in the Province of Guangdong, China, bringing the total number of buses deployed to 22 of the 300 planned to be deployed in the Cities of Foshan and Yunfu. The initiative is part of the Chinese Government's plan to address air quality in urban centers through zero tailpipe emission mass transit solutions. To view the full press release, visit: http://nnw.fm/ooZV1 About Ballard Power Systems Ballard Power Systems (NASDAQ: BLDP; TSX: BLD) provides clean energy products that…

WednesdayOct 19, 2016 12:29 pm

Marinus Pharmaceuticals, Inc. (MRNS) Shares Spike as Phase 1 Results for Ganaxolone Pave Way for Phase 2 Study

Marinus Pharmaceuticals (NASDAQ: MRNS) is trading more than 6% higher this morning after the company announced favorable results from its phase 1 dose-escalation study in which ganaxolone intravenous (IV) achieved dose levels targeted for efficacy in patients with status epilepticus (SE) – a life-threatening medical emergency associated with high mortality and limited treatments - and other indications. The phase 1 clinical study enrolled 36 subjects at Duke University Medical Center and was designed to determine the pharmacokinetics (PK), pharmacodynamics (PD), and safety of ganaxolone IV administered as an ascending bolus dose (Stage 1) or continuous infusion (Stage 2). Marinus is…

WednesdayOct 19, 2016 12:28 pm

Cerulean Pharma (CERU) Higher on $20M Purchase Agreement with Aspire Capital, Announces Novartis (NVS) Collaboration

Cerulean Pharma (NASDAQ: CERU) is trading higher following the effect of a $20 million common stock purchase agreement and a registration rights agreement with Aspire Capital Fund, LLC. Immediately following the execution of the purchase agreement, announced this morning, Aspire purchased 800,000 shares of common stock for $1.25 per share. The clinical-stage company developing nanoparticle-drug conjugates (NDCs) also this morning announced its strategic collaboration with Novartis (NYSE: NVS) to develop NDC product candidates combining Cerulean’s proprietary Dynamic Tumor Targeting™ technology with Novartis’ proprietary compounds directed at up to five targets. To view the full press releases, visit: http://nnw.fm/0Wzlg and http://nnw.fm/k20QU…

TuesdayOct 18, 2016 1:38 pm

Singlepoint, Inc. (SING) Maintains Sharp Focus on Opportunities within Vertical Markets

Singlepoint (OTC: SING) provides mobile technologies and payment solutions, participating in a competitive market dominated by bellwether brands. The company maintains its competitive edge by focusing on underserved verticals with significant potential. Its “Pay-by-Text combination of text messages and payments allows merchants to offer simpler mobile payment options to their customers … SinglePoint is currently in the process of leveraging this technology in two niche markets – daily fantasy sports and mobile auctions, markets where the holding company has purchased minority stock recently. The DFS vertical in particular is expected to bring significant value to the company, due to its…

TuesdayOct 18, 2016 1:36 pm

OurPet’s Company (OPCO) to Showcase Industry Innovation at MicroCap Conference

OurPet's (OTCQX: OPCO), a trend-setting pet products and accessories company selling its products domestically and internationally under the OurPets® and Pet Zone® brands, this morning said it will present at this year’s MicroCap Conference. Company Chief Financial Officer Scott Mendes will make his presentation on October 25 from 5-5:30 p.m. to showcase the company's innovative pet products and accessories sold through leading pet specialty and Internet retailers, direct-mail catalog, and food, drug and mass merchandisers. To view the full press release, visit: http://nnw.fm/7uJtL About the OurPet's Company The OurPet's Company (OTCQX: OPCO) designs, produces and markets a broad line of…

TuesdayOct 18, 2016 1:35 pm

Cogint, Inc. (COGT) Trades Higher on Q3 Preliminary Results

Cogint, Inc. (NASDAQ: COGT) shares are up 11% in morning trade after the data and analytics company announced preliminary estimates of financial results for the third quarter ended September 30, 2016. The company estimates third-quarter revenue of approximately $51 million to $52 million, a 24% increase over the second quarter of 2016. Gross profit margins are estimated to be in the range of 24% to 26%. Based on “various trends,” the company said it expects revenue for full year 2016 to be in the range of $183 million to $187 million, and revenue for full year 2017 to be in…

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