NewsRoom Articles - Page 1324 of 1339

TuesdaySep 13, 2016 2:24 pm

EnviroStar, Inc. (EVI) Acquires Western State Design for $28 Million

EnviroStar, Inc. (NYSE MKT: EVI), a distributor of commercial laundry and dry cleaning equipment since 1959, recently announced the execution of a definitive asset purchase agreement to acquire Western State Design LLC, a large wholesaler of commercial, industrial, and coin-operated laundry products. The deal, which is expected to be wrapped up within the next 30 to 45 days, is still subject to financing conditions and shareholder approval. However, the expectation that the acquisition would be accretive to EVI’s earnings in its current fiscal year ending June 30, 2017, has already made an impact. EVI’s share price rose by 38 percent…

TuesdaySep 13, 2016 1:14 pm

Star Mountain Resources, Inc. (SMRS) Approaching Recommencement of Mining at Balmat Property

Zinc is breaking away from the rest of the base metals in the world with an increase of 43% from $0.88 a pound in 2015 to $1.05 a pound this year. Since 1995, there have been no major investments in the zinc industry, with a number of mine closures leading to a supply-side deficit in both concentrates and refined metal. Not only this, the last tier one discovery was Cannington Mine, Australia, which first opened in 1997. However, the world of zinc mining has taken an impressive turn in 2016. According to InvestingNews.com (http://nnw.fm/uA32h), by the end of 2015, China…

TuesdaySep 13, 2016 12:36 pm

Qualcomm, Inc. (QCOM) Teams with Boehringer Ingelheim Pharmaceuticals to Improve COPD Treatment Outcomes

In a recent news release, Qualcomm, Inc. (NASDAQ: QCOM), through subsidiary Qualcomm Life, Inc., announced a new collaboration with Boehringer Ingelheim Pharmaceuticals, Inc. to develop a connectivity solution for the RESPIMAT® inhaler, the platform inhaler for Boehringer Ingelheim’s family of respiratory therapies. The collaborative effort will aim to improve chronic obstructive pulmonary disease (COPD) treatment outcomes. “Qualcomm Life is committed to powering the Internet of Medical Things to ultimately enable intelligent care to be delivered wherever the patient may be,” Rick Valencia, president of Qualcomm Life, stated in the news release. “We are excited to be collaborating with an industry…

TuesdaySep 13, 2016 11:12 am

BioScrip, Inc. (BIOS) Acquires HS Infusion Holdings, Inc.

BioScrip, Inc. (NASDAQ: BIOS) recently announced that it has acquired HS Infusion Holdings, Inc. (“Home Solutions”). The acquisition is expected to enhance BioScrip’s position as a leading provider of infusion services. BioScrip, Inc. is acquiring all of Home Solutions’ assets, as well as some of the company’s liabilities. Both companies are focused on higher margin, core-infusion therapies. The total transaction consideration is $85 million, with the closing consideration made up of an $80 million cash payment as well as $5 million in shares. The combination of the two companies is expected to generate more than $1 billion a year in…

TuesdaySep 13, 2016 10:55 am

Moxian, Inc. (MOXC) Merges Social Networking, Personalized Shopping and Gamification for a Unique Customer Experience

Savvy Internet and smartphone users worldwide are increasingly drawn to one-stop mobile apps that offer access to a wide range of different functions in one neat, customer-friendly package. A concept that pairs social networking and e-commerce is particularly popular, most notably on the fast-growing Chinese market, which currently has the highest number of Internet users in the world and the largest e-commerce market, expected to reach $1.1 trillion by 2020 (http://nnw.fm/q9L62). This is a trend Shenzhen-based Moxian, Inc. (OTCQB: MOXC) is fully aware of, having created a comprehensive online platform that combines social features with gamification, personalized shopping recommendations, social…

TuesdaySep 13, 2016 10:17 am

Laguna Blends, Inc. (CSE: LAG) (OTC: LAGBF) (LB6A.F) Commencing Sale of Cannaceuticals CBD Skin Care Products Later this Week

Before the opening bell, Laguna Blends, Inc. (CSE: LAG) (OTC: LAGBF) (FRANKFURT: LB6A.F) announced its VIP launch of the CannaCeuticals (“Canna”) CBD skin care products. The company plans to make the Canna products available for sale to all of its existing affiliates in the United States beginning this Thursday. “Canna’s skin care products are made with pure CBD extracts hailing from the crisp, clean air of Switzerland,” Stuart Gray, chief executive officer of Laguna, stated in this morning’s news release. “When combined with other essential ingredients, the CBD extracts at the center of Canna’s skin care line offer a powerful…

TuesdaySep 13, 2016 9:02 am

Laguna Blends, Inc. (CSE: LAG) (OTC: LAGBF) (LB6A.F) Capitalizing on Rising Demand for Functional Beverages

According to an article entitled ‘Soda Consumption Falls to 30-Year Low In The U.S.’ (http://nnw.fm/2T0y1), the demand for diet sodas in the U.S. has slumped to an all-time low over the past 11 years. This has been put down to the fact that people are looking for healthier choices than soda, alternatives that do not contain as much sugar, aspartame, and other additives. Although deemed safe by the Food and Drug Administration, people are becoming increasingly skeptical of aspartame, the artificial sweetener. But what are people drinking instead? According to Signals Analytics (http://nnw.fm/tG9wf), people are turning toward functional beverages, believed…

MondaySep 12, 2016 3:50 pm

Insulet Corp. (PODD) Outlines Plans to Develop Automated Manufacturing Operation in U.S.

Insulet Corporation (NASDAQ: PODD), a Massachusetts-based medical device company specializing in tubeless insulin pump technology utilizing its Omnipod® Insulin Management System, recently announced new plans to build a highly-automated manufacturing facility in the U.S. in order to provide more production capacity in support of its existing product range and impending new product launches. The new manufacturing facility is expected to be operational in 2019. In a recent news release, Patrick Sullivan, president and CEO of PODD, stated, “The establishment of our U.S. manufacturing operation will support our goal to be a world-class high-quality, high-volume, low-cost manufacturer. We are making this…

MondaySep 12, 2016 3:24 pm

Palatin Technologies (PTN) Continues the Sexual Revolution

It will soon be 50 years since the publication of Dr. David Reuben’s Everything You Always Wanted to Know about Sex: But Were Afraid to Ask had its profoundly liberalizing effect on our attitudes toward sex. The best seller helped bring the discussion on sexual behavior out of the bedroom and into other, more public forums. Its timing was opportune. In 1969, when it made its first appearance, America was already in the throes of a ‘sexual revolution’. Reuben’s opus aligned with the emerging anti-Puritanical thinking that sexual desire was not something to be ashamed of. However, despite raising awareness…

MondaySep 12, 2016 2:43 pm

Danaher (DHR) Looks to Expand Molecular Diagnostics Business with $4 Billion Acquisition of Cepheid

From its headquarters in Washington, DC, Danaher Corporation (NYSE: DHR) announced on Tuesday, September 6, 2016, that it will be merging with Cepheid (NASDAQ: CPHD) in a deal valued at close to $4 billion. The acquisition, when completed in the fourth quarter, is expected to expand Danaher’s $5 billion diagnostics business by over 10 percent. Under the terms of the agreement, Danaher will acquire, for cash, all of the outstanding shares of Cepheid at $53.00 per share. The acquisition price represents a 54 percent premium on Cepheid’s Friday closing price of $34.42 per share, which, based on the 72.9 million…

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