NewsRoom Articles - Page 1395 of 1401

ThursdayAug 11, 2016 9:12 am

ON Semiconductor Corp. (ON) Announces Offer to Purchase Outstanding Shares of Fairchild Semiconductor International

ON Semiconductor Corporation (NASDAQ: ON) recently announced an extension offer to buy the entirety of the leftover shares of Fairchild Semiconductor International, Inc. (NASDAQ: FCS) common stock for $20 cash per share, awaiting the satisfaction of the conditions of the offer, as determined in the merger agreement signed by both companies on November 18, 2015. The offer now expires at midnight Eastern Time on August 18, 2016, unless it is further extended, as permitted by the merger. As long as the terms of the offer are agreed upon, the merger agreement of the offer needs successive ten-day extensions, which ON…

WednesdayAug 10, 2016 1:17 pm

Eagle Bulk Shipping, Inc. (EGLE) Well Positioned to Weather Storm or Exploit Sector Recovery with Growth

Given the Baltic Dry Index’s (BDI) all-time lows of early 2016 (http://nnw.fm/7xHSF), it is no wonder that many of the key players in the heavily fragmented global dry bulk shipping market have seen some painful quarters, with only the best of breed operations able to weather the storm. Slumping demand in the sector (roughly two-thirds of which is folks transporting iron ore and coal) has been due primarily to falloff of industrial and urbanization activity in China, enhanced by factors such as China’s mounting power overcapacity. China and India are both going greener too, with aggressive emission targets on the…

WednesdayAug 10, 2016 9:12 am

American Airlines (AAL) Reaches Interim Agreement with TWU-IAM Association

In a recent news release, American Airlines (NASDAQ: AAL) announced an interim agreement with the TWU-IAM Association, an alliance between the Transport Workers Union (TWU) and the International Association of Machinists and Aerospace Workers (IAM), that will result in a significant pay increase for roughly 30,000 maintenance, fleet service and other related employees represented by the TWU-IAM Association. The two parties will continue negotiating toward a joint collective bargaining agreement for the represented groups in the weeks to come, but the pay increases stemming from this interim agreement went into effect immediately following American’s August 5 news release. “We are…

TuesdayAug 09, 2016 1:14 pm

Priceline’s (PCLN) Booking.com Adds One Millionth Property

Booking.com, part of The Priceline Group (NASDAQ: PCLN), recently announced the addition of the one millionth property to its website. The company’s vision to provide travelers of all kinds with the opportunity to book a variety of unique accommodation options has reached new heights thanks to the soon-to-be-open Greydon House. Greydon House is situated 30 miles off the coast of Cape Cod in Nantucket, Massachusetts. The new contemporary yet cozy village inn will be joining a range of outstanding accommodation choices located around the world. In a recent news release, Jeff David, manager at Greydon House, stated, “Inspiring more travelers…

TuesdayAug 09, 2016 9:35 am

Laguna Blends, Inc. (LAGBF) Acquires Exclusive Distribution Rights for Swiss-Made CBD Skin Care Products

Before the opening bell, Laguna Blends, Inc. (CSE : LAG) (OTC : LAGBF) (FRANKFURT : LB6A.F) announced its entry into an agreement with ISO International, LLC through which it has acquired the exclusive right to market, promote and distribute seven cannabidiol (CBD) skin care products produced by Cannaceuticals of California, USA (“Canna”). Under the terms of the agreement, Laguna will be required to pay a one-time licensing fee of $100,000 and place a minimum purchase order of $1.5 million during the first two years of the initial term. “We are excited to announce the closing of this transaction, which firmly…

TuesdayAug 09, 2016 8:54 am

NeuroMetrix, Inc. (NURO) Achieves Major Milestone with Quell® Wearable Therapeutic Technology

In a recent news release, NeuroMetrix, Inc. (NASDAQ: NURO), the company behind the innovative Quell® wearable pain relief system, announced that more than one million hours of therapy and health data have been uploaded to the Quell Health Cloud as of August 1, 2016. The total marks a major milestone in the market growth of the company’s drug-free wearable, which was originally launched in June 2015. When individuals wear Quell, data and objective feedback are collected in order to give them a better idea of their therapy utilization, sleep characteristics and activity levels. All of this data is also securely…

MondayAug 08, 2016 2:12 pm

Laguna Blends, Inc. (LAGBF) Adds Bryan Loree as CFO, Corporate Secretary and Director

Earlier today, Laguna Blends, Inc. (CSE: LAG) (LB6A.F) (OTC: LAGBF) announced the appointment of Bryan Loree to the positions of chief financial officer and corporate secretary. He will also join the company’s board of directors, effective immediately. Loree has roughly a decade of experience providing chief financial officer, accounting, financing and management services to a number of issuers on both the TSX Venture Exchange and the Canadian Securities Exchange, as well as a selection of private businesses. Loree will replace Stuart Gray, Laguna’s founder and chief executive officer, who formerly served as the company’s acting chief financial officer. “It’s a…

MondayAug 08, 2016 9:30 am

NetworkNewsWire Exclusive – SEC Approves IEX as First New National Stock Exchange Since 2013

The Following is a NetworkNewsWire Exclusive Article - On June 17, 2016, the U.S. Securities and Exchange Commission made headlines when it approved the Investors’ Exchange (“IEX”) as a national stock exchange, marking the first time since July 2013 that the SEC has sanctioned a new trading exchange. Unlike existing markets such as the NASDAQ and NYSE, the IEX aims to even the playing field between high-frequency traders and traditional investors by eliminating the multi-microsecond advantage that’s often afforded to high-frequency traders. To do this, IEX purposely slows down trading, implementing an intentional ‘speed bump’ of about 350 microseconds that…

MondayAug 08, 2016 8:53 am

Sonic Foundry, Inc.’s (SOFO) Mediasite Platform Selected for Staff Training by Medical Center Leeuwarden in the Netherlands

In a recent news release, Sonic Foundry, Inc. (NASDAQ: SOFO), a global leader in video capture, management and webcasting solutions, announced that its patented Mediasite Video Platform was selected as the official staff training program for Medical Center Leeuwarden (MCL), a specialized teaching hospital located in the Netherlands. Mediasite is currently in use by more than 3,800 customers in over 65 countries around the globe, allowing organizations to deliver instructional videos directly to a dispersed workforce. MCL originally deployed Mediasite in November 2015, and the center’s training staff has leveraged the platform to create 370 training videos, which have already…

FridayAug 05, 2016 2:28 pm

Ligand Pharmaceuticals (LGND) Enters LTP Technology Licensing Agreement Targeting Chinese Market

According to a recent study published by Grand View Research (http://nnw.fm/RKlb7), the global therapeutics market for liver diseases - which range from hepatitis (an inflammatory condition typically caused by a virus) and liver cancer, to non-alcoholic fatty liver disease and cirrhosis – is on track to grow to just over $12 billion by 2020, a nearly 60 percent increase compared to 2014’s figure. A concomitance of factors is at play here, with everything from a geriatric population that is likely to increase by 86 percent through 2050 (National Institute of Aging) to an increasing prevalence of hepatitis and hepatocellular carcinomas…

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