Financial economics

Thinking about buying stock in Biomerica, Co-Diagnostics, Ford, Overstock.com, or Tilray?

Thursday, April 2, 2020 - 2:31pm

InvestorsObserver's PriceWatch Alerts are based on our proprietary scoring methodology.

Key Points: 
  • InvestorsObserver's PriceWatch Alerts are based on our proprietary scoring methodology.
  • Each stock is evaluated based on short-term technical, long-term technical and fundamental factors.
  • Each of those scores is then combined into an overall score that determines a stock's overall suitability for investment.
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Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm, Continues Investigation of Mesa Air Group, Inc. (MESA) on Behalf of Investors

Thursday, April 2, 2020 - 5:00pm

Glancy Prongay & Murray LLP (GPM), a leading national shareholder rights law firm, today continues its investigation on behalf of Mesa Air Group, Inc. ("Mesa" or the Company") (NASDAQ: MESA ) investors concerning the Company and its officers possible violations of the federal securities laws.

Key Points: 
  • Glancy Prongay & Murray LLP (GPM), a leading national shareholder rights law firm, today continues its investigation on behalf of Mesa Air Group, Inc. ("Mesa" or the Company") (NASDAQ: MESA ) investors concerning the Company and its officers possible violations of the federal securities laws.
  • On August 9, 2018, Mesa conducted its initial public offering (IPO) in which it sold approximately 11 million shares of common stock for $12.00 per share.
  • Then on August 9, 2019, Mesas CEO stated that Mesa did not meet the performance criteria under its contract with American Airlines, Inc.
  • Glancy Prongay & Murray LLP is a premier law firm representing investors and consumers in securities litigation and other complex class action litigation.

Medical Marijuana, Inc. CEO Featured in U.S. News and World Report Providing Insight on Penny Stocks

Thursday, April 2, 2020 - 2:00pm

The March 27, 2020, U.S. News and World Report article entitled " What to Know About Trading Penny Stocks " quoted Titus as saying: "The SEC requires public companies to report earnings and maintain current investor filings.

Key Points: 
  • The March 27, 2020, U.S. News and World Report article entitled " What to Know About Trading Penny Stocks " quoted Titus as saying: "The SEC requires public companies to report earnings and maintain current investor filings.
  • "Many are looking at the recent economic downturn and trying to decide if now is their time to invest in penny stocks.
  • Medical Marijuana, Inc.'s headquarters is inSan Diego, California, and additional information is available at OTCMarkets.com or by visiting www.medicalmarijuanainc.com .
  • Medical Marijuana, Inc. does not sell or distribute any products that are in violation of the United States Controlled Substances Act.

HouseCanary Acquires Real Estate Technology Startup Dropmodel

Thursday, April 2, 2020 - 4:00pm

Home valuation fintech pioneer HouseCanary today announced it has acquired Dropmodel, a technology startup with analytic and financial modeling solutions for the single-family real estate asset class.

Key Points: 
  • Home valuation fintech pioneer HouseCanary today announced it has acquired Dropmodel, a technology startup with analytic and financial modeling solutions for the single-family real estate asset class.
  • Dropmodel is a web-based real estate financial modeling, analysis, and presentation application that includes a suite of smart, flexible models, calculators, and tools for the single-family real estate sector.
  • It helps single-family real estate investors across all strategies drop their data into analytical models and get instant, comprehensive results that support data-driven business decisions.
  • Founded in 2013, valuation-focused real estate brokerage HouseCanary provides software and services to reshape the real estate marketplace.

GREENLIGHT CAPITAL RE, LTD. ANNOUNCES COMPLETION OF STRATEGIC REVIEW AND SECURITIES REPURCHASE AUTHORIZATION

Thursday, April 2, 2020 - 2:36pm

The Board also expanded the Companys share repurchase program of Class A Ordinary Shares from 2.5 million to 5.0 million Class A Ordinary shares through June 30, 2021.

Key Points: 
  • The Board also expanded the Companys share repurchase program of Class A Ordinary Shares from 2.5 million to 5.0 million Class A Ordinary shares through June 30, 2021.
  • Share repurchases may be made through open market and privately negotiated transactions at times and in such amounts as deemed appropriate.
  • The share repurchase program may be limited or terminated at any time without prior notice.
  • We intend these forward-looking statements to be covered by the safe harbor provisions for forward-looking statements in the U.S. Federal securities laws.

Coinsilium Group Limited: Investee Company Update: Factom Inc.

Thursday, April 2, 2020 - 2:07pm

London, UK, 2 April 2020 - Coinsilium Group Limited (AQSE:COIN), the blockchain technology venture builder, advisor and investor, hereby provides an update in respect of investee company, Factom Inc. ("Factom").

Key Points: 
  • London, UK, 2 April 2020 - Coinsilium Group Limited (AQSE:COIN), the blockchain technology venture builder, advisor and investor, hereby provides an update in respect of investee company, Factom Inc. ("Factom").
  • Should there be any further developments the Company will make further updates.
  • The Company's interest in Factom is by way of 150,000 Series Seed shares and 73,291 A-1 preferred shares valued at 236,776 on 30 June 2019.
  • The Directors of Coinsilium Group Limited take responsibility for this announcement.

BIONANO GENOMICS ANNOUNCES PRICING OF $18 MILLION UNDERWRITTEN PUBLIC OFFERING

Thursday, April 2, 2020 - 2:00pm

For each pre-funded warrant Bionano sells, the number of shares of common stock Bionano is offering will be decreased on a one-for-one basis.

Key Points: 
  • For each pre-funded warrant Bionano sells, the number of shares of common stock Bionano is offering will be decreased on a one-for-one basis.
  • The offering is expected to close on or aboutApril 6, 2020, subject to customary closing conditions.
  • The gross proceeds to Bionano from this offering are expected to be approximately$18 million, before deducting underwriting discounts and commissions and other offering expenses payable by Bionano, and excluding any proceeds that may be received upon exercise of the common warrants.
  • Such forward-looking statements include, without limitation, statements about Bionanos expectations regarding the completion, timing and size of the public offering and the anticipated use of net proceeds therefrom.

Best’s Commentary: AM Best Issues FAQ on Best’s Credit Ratings, Sovereign Credit Risk and Country Risk

Thursday, April 2, 2020 - 1:23pm

Although AM Best does not issue ratings on government debt, it considers such risks through its country risk analysis, which is factored into all of Bests Credit Ratings.

Key Points: 
  • Although AM Best does not issue ratings on government debt, it considers such risks through its country risk analysis, which is factored into all of Bests Credit Ratings.
  • A new Bests Commentary addresses frequently asked questions about its handling of sovereign credit risk and seeks to clarify how these issues are incorporated into the ratings process, and to explain the differences between sovereign ratings and country risk tiers.
  • The commentary, titled, Bests Credit Ratings, Sovereign Credit Risk, and Country Risk FAQs, notes AM Bests country risk analysis encompasses the broader operating environment, focusing on the economic, political and financial system risks in a given country.
  • To view Country Risk Assessment Reports providing economic, political and financial system risk assessments on more than 130 countries, please visit AM Bests Country Risk webpage.

IVERIC bio Reports Inducement Grants under Nasdaq Listing Rule 5635(c)(4)

Thursday, April 2, 2020 - 1:00pm

IVERIC bio, Inc. (Nasdaq: ISEE) today reported that on April 1, 2020, the Company granted newly hired employees equity-based awards.

Key Points: 
  • IVERIC bio, Inc. (Nasdaq: ISEE) today reported that on April 1, 2020, the Company granted newly hired employees equity-based awards.
  • The other restricted stock unit grants each vest with respect to 100% of the shares underlying the grant on April 1, 2021.
  • The inducement grants are subject to the terms and conditions of award agreements covering the grants and the Companys 2019 Inducement Stock Incentive Plan (as amended).
  • IVERIC bio is a biopharmaceutical company focused on the discovery and development of novel treatment options for retinal diseases with significant unmet medical needs.

Randolph Bancorp, Inc. Grants Inducement Awards

Thursday, April 2, 2020 - 1:00pm

The grants were made as inducements material to Mr. Parents and Ms. Messmores employment in accordance with NASDAQ Listing Rule 5635(c)(4).

Key Points: 
  • The grants were made as inducements material to Mr. Parents and Ms. Messmores employment in accordance with NASDAQ Listing Rule 5635(c)(4).
  • Mr. Parents grant consists of (i) 10,000 shares of restricted stock and (ii) an option to purchase 29,412 shares of the Companys common stock.
  • Ms. Messmores grant consists of (i) 5,000 shares of restricted stock and (ii) an option to purchase 14,706 shares of the Companys common stock.
  • Randolph Bancorp, Inc. is the holding company for Envision Bank and its Envision Mortgage Division.