NewsRoom Articles - Page 1402 of 1421

TuesdaySep 27, 2016 9:09 am

Airbnb’s Fundraising Reveals Welcome Mat for Monaker Group, Inc. (MKGI)

In the relatively short eight years since Airbnb was founded, the San Francisco-based company has connected more than 60 million guests with over two million accommodation listings around the world. Today, Airbnb holds an enviable position as the bellwether of the community marketplace, underwritten by a $30 billion valuation that demonstrates the incredible investor and consumer appetite for the home-sharing market. Airbnb recently filed a Form D with the U.S. Securities and Exchange Commission, announcing an equity deal in which the company raised approximately $555 million. This is likely part of the ongoing $850 million Series F round, as reported…

MondaySep 26, 2016 10:03 am

Agora Holdings, Inc. (AGHI) Offers Update Following Launch of FRAME Social Media Management App

Before the opening bell, Agora Holdings, Inc. (OTC: AGHI), parent company of Geegle Media, offered prospective shareholders an update on its current and future endeavors, including the recent launch of its FRAME social media management application, anticipated future developments related to the FRAME platform and additional projects that are currently underway. Notably, the company announced the availability of FRAME to the general public, building on its limited launch of the platform earlier this month. The app is currently available for download at Frame.ms and on the Android app marketplace, Google Play. Agora expects to release FRAME for iOS devices sometime…

MondaySep 26, 2016 9:04 am

Monaker Group, Inc. (MKGI) Aims High with Blended Travel Solutions

Monaker Group, Inc. (OTCQB: MKGI) is committed to building innovative, travel-focused companies that bring unique products and services to the marketplace. As parent company to a group of diverse and exciting brands and divisions, Monaker’s travel solutions are used by varied demographics. Plus, with key partnerships and established travel brands as its cornerstones, the company continues to pursue its mission of expanding its offerings to become the “one stop” vacation center. Monaker is a leader within the world of travel. With more than six decades of experience and operation in leisure travel, the Florida-based company continues to offer technologically-driven travel…

FridaySep 23, 2016 3:09 pm

Avnet (AVT) to Sell Technology Solutions Unit to Tech Data (TECD) for $2.6 Billion

Leading global technology distributor Avnet, Inc. (NYSE: AVT) is selling its Technology Solutions business unit to Tech Data Corporation (NASDAQ: TECD) for $2.6 billion, according to a company press release issued on Monday, September 19. Under the agreement, Tech Data will pay $2.4 billion in cash and the remaining $200 million in common stock, a total of 2.8 million shares. The Technology Solutions business unit is a global distributor of IT solutions that serves suppliers and customers in more than 80 countries. The unit offers a wide range of next generation solutions, training, marketing, services and resources encompassing the entire…

FridaySep 23, 2016 2:55 pm

Tecogen (TGEN) Expands Footprint in Health Care with $1.6M Deal

Tecogen, Inc. (NASDAQ: TGEN), provider of clean energy advanced modular heat and power (CHP) systems, has announced the sale of three InVerde e+ 100kW CHP units, worth over $1.6 million, to a medical center in Brooklyn, NY. The contract will give the medical facility a combined 300kW heat and power system together with Tecogen's patented near-zero Ultera emissions control technology and full turnkey installation service. The three state-of-the-art InVerde e+ cogeneration units, to be housed outside the hospital, will provide power to the nearly 300-bed facility, as well as the associated community care clinic. Announcing the deal, Tecogen co-Chief Executive…

FridaySep 23, 2016 2:42 pm

ICF (ICFI) Unveils New Brand to the Marketplace

On September 20, 2016, ICF (NASDAQ: ICFI) launched its new brand to the marketplace. The consulting and technology services provider’s new branding includes a new logo, website, and corporate positioning. ICF celebrated its 10th anniversary as a publicly-traded company this year and coordinated the unveiling of the new brand alongside it. In a news release, Sudhakar Kesavan, ICF’s CEO and chairman, stated, “This is the ideal time for ICF to reinforce our brand in a more cohesive and meaningful way. Our new positioning and visual identity better represent ICF’s capabilities as one of the only fully integrated consulting and technology…

FridaySep 23, 2016 10:57 am

Laguna Blends, Inc. (CSE: LAG) (OTC: LAGBF) (LB6A.F) Included in the Canadian Securities Exchange Composite Index

Before the opening bell, Laguna Blends, Inc. (CSE: LAG) (OTC: LAGBF) (Frankfurt: LB6A.F) announced its inclusion on the Canadian Securities Exchange (CSE) Composite index. Criteria for inclusion on the CSE Composite index include active listing on the CSE, a market capitalization of at least $5 million and a seasoning requirement. At each quarterly rebalance, companies included in the index are assessed to ensure a minimum market capitalization of at least $4 million, with companies that fail to meet this criteria being subject to index deletion. The market cap of Laguna Blends was listed at $6.34 million as of September 19,…

FridaySep 23, 2016 9:16 am

EnteroMedics, Inc. (ETRM) is Pulling its Weight in the Fight Against Obesity

EnteroMedics, Inc. (NASDAQ: ETRM) aims to make America leaner and fitter. The company, based in St. Paul, Minnesota, provides safe, reliable and effective products and therapies to treat obesity and metabolic disorders. Its signature technology, the vBloc® vagal blocking therapy delivered via the Maestro® Rechargeable System, is gaining increasing acceptance both domestically and abroad. vBloc® offers the overweight and the obese relief from those extra pounds that, all too often, trigger a variety of problematic medical conditions. Overweight and obesity are global problems, but America appears to have taken the cake. The National Institute of Diabetes and Digestive and Kidney…

ThursdaySep 22, 2016 3:21 pm

GSK (GSK) Shingles Vaccine Phase III Study Shows High Efficacy in Adults Aged 70 and Over

An investigational shingles vaccine developed by global pharmaceutical and healthcare company GlaxoSmithKline (NYSE: GSK) is showing high efficacy against the ailment and various complications in adults over 70, according to a press release issued by the company on Wednesday, September 14. The findings are included in the results of a randomized phase III study (ZOE-70) of the Shingrix™ vaccine, published in the New England Journal of Medicine. The ZOE-70 study, conducted on more than 14,800 subjects in North America, Latin America, Europe and Asia-Pacific, shows that the candidate shingles vaccine, administered in two doses, has an efficacy rate of 90%…

ThursdaySep 22, 2016 2:44 pm

Function(x) Inc. (FNCX) Begins Trading on Split-Adjusted Basis

Function(x) Inc. (NASDAQ: FNCX) recently announced that it has started trading on a reverse split-adjusted basis as of the opening of the market on Friday, September 16, 2016. The company’s common stock shares will be traded at a ratio of 1-for-20 shares. The reverse stock split was approved by Function(x)’s board of directors the previous week in order for the company to recover and stay within the lowest closing bid price of $1.00 per share to maintain its NASDAQ status. Function(x) will continue to trade under the same ticker symbol of FNCX. As a result, every 20 pre-split outstanding shares…