Breaking News

Over a week ago
Show Full Stories

X

To view all stories in expanded form, please subscribe.
Send Info
Hot Stocks
Mullen Technologies receives LOI for purchase order of 1,500 MX-05s » 07:19
12/30/20
12/30
07:19
12/30/20
07:19
NETE

Net Element

$11.26 /

-1.06 (-8.60%)

Mullen Technologies…

Mullen Technologies receives letter of intent to serve as basis for definitive agreements for an initial purchase order of 1,500 MX-05s and up to and additional 8,500 by 2025. Mullen Technologies an emerging electric vehicle manufacturer, which previously announced a definitive agreement to merge with Net Element in a stock-for-stock reverse merger in which Mullen's stockholders will receive a majority of the outstanding stock in the post-merger company, announced today that the Company has executed a non-binding Letter of Intent with an electrical contractors to enter definitive agreements for the purchase of up to 10,000 MX-05 electric vehicles. UEC is a premiere electrical contractor based in Pompano Beach, Florida, specializing in commercial and residential projects in South Florida.

ShowHide Related Items >><<
NETE Net Element
$11.26 /

-1.06 (-8.60%)

NETE Net Element
$11.26 /

-1.06 (-8.60%)

NETE Net Element
$11.26 /

-1.06 (-8.60%)

Over a month ago
Earnings
Net Element reports Q3 adj. EPS (28c), one est. (9c) » 09:09
11/16/20
11/16
09:09
11/16/20
09:09
NETE

Net Element

$7.63 /

+0.14 (+1.87%)

Reports Q3 revenue…

Reports Q3 revenue $16.7M, one est. $14.8M. Total transaction volume increased to $956.2M, as compared to $953.7M for the same comparable period in 2019. "We continue working diligently in an effort to finalize the Mullen merger for the benefit of our shareholders," commented Oleg Firer, Executive Chairman of Net Element.

ShowHide Related Items >><<
NETE Net Element
$7.63 /

+0.14 (+1.87%)

NETE Net Element
$7.63 /

+0.14 (+1.87%)

Over a quarter ago
Hot Stocks
Mullen Technologies now accepting pre-orders for electric SUV » 09:28
10/01/20
10/01
09:28
10/01/20
09:28
NETE

Net Element

$8.96 /

+2.08 (+30.23%)

Mullen Technologies, an…

Mullen Technologies, an emerging electric vehicle manufacturer that previously announced a definitive agreement to merge with Net Element (NETE) in a stock-for-stock reverse merger in which Mullen's stockholders will receive a majority of the outstanding stock in the post-merger company, announced that the company has begun to accept pre-orders for the Mullen MX-05 Pure Electric all-wheel drive Sports Utility Vehicle. Mullen announced earlier this month that development of its pre-production facility in Monrovia, California, will begin today, October 1. "This facility will be fully operational in mid-2021 and is scheduled to begin the pre-production process of the MX-05 in the third quarter 2021. First deliveries to the public should be in the second quarter 2022," the company stated.

ShowHide Related Items >><<
NETE Net Element
$8.96 /

+2.08 (+30.23%)

NETE Net Element
$8.96 /

+2.08 (+30.23%)

Hot Stocks
Mullen Technologies accepting pre-orders for MX-05 Pure Electric SUV » 08:39
10/01/20
10/01
08:39
10/01/20
08:39
NETE

Net Element

$8.96 /

+2.08 (+30.23%)

Mullen Technologies,…

Mullen Technologies, which previously announced a definitive agreement to merge with Net Element, announced that the Company has begun to accept pre-orders for the Mullen MX-05 Pure Electric all-wheel drive Sports Utility Vehicle. Mullen announced earlier this month that development of its pre-production facility in Monrovia, California, will begin today, October 1. This facility will be fully operational in mid-2021 and is scheduled to begin the pre-production process of the MX-05 in the third quarter 2021. First deliveries to the public should be in the second quarter 2022.

ShowHide Related Items >><<
NETE Net Element
$8.96 /

+2.08 (+30.23%)

NETE Net Element
$8.96 /

+2.08 (+30.23%)

On The Fly
Fly Intel: Pre-market Movers » 09:08
09/25/20
09/25
09:08
09/25/20
09:08
APO

Apollo Global

$42.86 /

-1.125 (-2.56%)

, WIMHY

William Hill

$0.00 /

+ (+0.00%)

, NVAX

Novavax

$102.48 /

+0.92 (+0.91%)

, DKNG

DraftKings

$50.58 /

+0.48 (+0.96%)

, CLNY

Colony Capital

$2.34 /

-0.03 (-1.27%)

, OUT

Outfront Media

$14.00 /

-0.16 (-1.13%)

, ALT

Altimmune

$12.03 /

-0.5 (-3.99%)

, COST

Costco

$347.25 /

+2.67 (+0.77%)

, FLR

Fluor

$9.35 /

+0.865 (+10.19%)

, NETE

Net Element

$8.60 /

+2.16 (+33.54%)

, ENDP

Endo

$3.03 /

-0.035 (-1.14%)

Check out this morning's…

ShowHide Related Items >><<
WIMHY William Hill
$0.00 /

+ (+0.00%)

OUT Outfront Media
$14.00 /

-0.16 (-1.13%)

NVAX Novavax
$102.48 /

+0.92 (+0.91%)

NETE Net Element
$8.60 /

+2.16 (+33.54%)

FLR Fluor
$9.35 /

+0.865 (+10.19%)

ENDP Endo
$3.03 /

-0.035 (-1.14%)

DKNG DraftKings
$50.58 /

+0.48 (+0.96%)

COST Costco
$347.25 /

+2.67 (+0.77%)

CLNY Colony Capital
$2.34 /

-0.03 (-1.27%)

APO Apollo Global
$42.86 /

-1.125 (-2.56%)

ALT Altimmune
$12.03 /

-0.5 (-3.99%)

APO Apollo Global
$42.86 /

-1.125 (-2.56%)

07/01/20 Barclays
Apollo Global price target raised to $51 from $44 at Barclays
06/30/20
Fly Intel: Top five analyst downgrades
06/30/20 Goldman Sachs
Apollo Global downgraded to Buy from Conviction Buy at Goldman Sachs
06/08/20 Citi
Citi downgrades Alternative Asset Managers to Market Weight, lowers four ratings
WIMHY William Hill
$0.00 /

+ (+0.00%)

09/14/20 Jefferies
William Hill shares haven't priced in building U.S. momentum, says Jefferies
09/10/20 Berenberg
William Hill price target raised to 200 GBp from 150 GBp at Berenberg
09/09/20 Morgan Stanley
William Hill price target raised to 230 GBp from 200 GBp at Morgan Stanley
09/08/20 Barclays
William Hill price target raised to 240 GBp from 200 GBp at Barclays
NVAX Novavax
$102.48 /

+0.92 (+0.91%)

09/15/20 B. Riley Securities
Novavax deal with SIIPL doubles manufacturing capacity, says B. Riley FBR
09/09/20 B. Riley Securities
Astra trial hold opens window for other vaccine candidates, says B. Riley FBR
09/08/20 B. Riley Securities
Novavax selloff brings 'compelling' buying opportunity, says B. Riley FBR
09/03/20 Cantor Fitzgerald
Cantor says Novavax publication in NEJM gives 'validation' for vaccine candidate
DKNG DraftKings
$50.58 /

+0.48 (+0.96%)

09/25/20 Argus
DraftKings initiated with a Buy at Argus
09/25/20 Argus
DraftKings initiated with a Buy at Argus
09/24/20
Fly Intel: Top five analyst initiations
09/24/20 Macquarie
DraftKings initiated with an Outperform at Macquarie
CLNY Colony Capital
$2.34 /

-0.03 (-1.27%)

06/04/20 B. Riley Securities
Colony Capital price target lowered to $4 from $5 at B. Riley FBR
03/11/20 B. Riley Securities
B. Riley FBR downgrades CNO Financial, Progressive to Neutral from Buy
OUT Outfront Media
$14.00 /

-0.16 (-1.13%)

09/25/20 Citi
Outfront Media upgraded to Buy from Neutral at Citi
06/24/20 Citi
Clear Channel Outdoor upgraded to Buy from Neutral at Citi
04/22/20 Imperial Capital
Outfront Media price target lowered to $22 from $24 at Imperial Capital
04/20/20 Morgan Stanley
Morgan Stanley downgrades Outfront Media, slashes price target to $13
ALT Altimmune
$12.03 /

-0.5 (-3.99%)

09/25/20 B. Riley Securities
Altimmune initiated with a Buy at B. Riley FBR
09/22/20 Piper Sandler
Altimmune nearing two 'key stock-moving events,' says Piper Sandler
09/09/20 Piper Sandler
Piper sees 'no readthrough' to Altimmune from AstraZeneca COVID trial hold
08/25/20 Piper Sandler
Altimmune a 'stand out' from other COVID vaccine makers, says Piper Sandler
COST Costco
$347.25 /

+2.67 (+0.77%)

09/25/20 BMO Capital
Costco price target raised to $385 from $340 at BMO Capital
09/25/20 Raymond James
Costco price target raised to $365 from $355 at Raymond James
09/25/20 Morgan Stanley
Costco price target raised to $360 from $330 at Morgan Stanley
09/25/20 Baird
Costco chances of special dividend rising, says Baird
FLR Fluor
$9.35 /

+0.865 (+10.19%)

04/27/20 Citi
Fluor downgraded to Neutral from Buy at Citi
04/27/20 UBS
Fluor downgraded to Neutral from Buy at UBS
02/19/20
Fly Intel: Top five analyst downgrades
02/19/20 DA Davidson
Fluor price target lowered to $15 from $22 at DA Davidson
NETE Net Element
$8.60 /

+2.16 (+33.54%)

ENDP Endo
$3.03 /

-0.035 (-1.14%)

07/27/20 Goldman Sachs
Endo initiated with a Sell at Goldman Sachs
06/17/20 Citi
Sell Mallinckrodt, buy Endo with opioid risk coming back, says Citi
04/24/20
Fly Intel: Top five analyst initiations
04/24/20 Citi
Endo initiated with a Buy at Citi
OUT Outfront Media
$14.00 /

-0.16 (-1.13%)

NVAX Novavax
$102.48 /

+0.92 (+0.91%)

FLR Fluor
$9.35 /

+0.865 (+10.19%)

ENDP Endo
$3.03 /

-0.035 (-1.14%)

DKNG DraftKings
$50.58 /

+0.48 (+0.96%)

COST Costco
$347.25 /

+2.67 (+0.77%)

CLNY Colony Capital
$2.34 /

-0.03 (-1.27%)

APO Apollo Global
$42.86 /

-1.125 (-2.56%)

ALT Altimmune
$12.03 /

-0.5 (-3.99%)

  • 14
    Jul
  • 19
    Jun
  • 26
    Nov
WIMHY William Hill
$0.00 /

+ (+0.00%)

NVAX Novavax
$102.48 /

+0.92 (+0.91%)

FLR Fluor
$9.35 /

+0.865 (+10.19%)

DKNG DraftKings
$50.58 /

+0.48 (+0.96%)

COST Costco
$347.25 /

+2.67 (+0.77%)

CLNY Colony Capital
$2.34 /

-0.03 (-1.27%)

APO Apollo Global
$42.86 /

-1.125 (-2.56%)

NVAX Novavax
$102.48 /

+0.92 (+0.91%)

FLR Fluor
$9.35 /

+0.865 (+10.19%)

ENDP Endo
$3.03 /

-0.035 (-1.14%)

DKNG DraftKings
$50.58 /

+0.48 (+0.96%)

COST Costco
$347.25 /

+2.67 (+0.77%)

APO Apollo Global
$42.86 /

-1.125 (-2.56%)

ALT Altimmune
$12.03 /

-0.5 (-3.99%)

NVAX Novavax
$102.48 /

+0.92 (+0.91%)

FLR Fluor
$9.35 /

+0.865 (+10.19%)

ENDP Endo
$3.03 /

-0.035 (-1.14%)

DKNG DraftKings
$50.58 /

+0.48 (+0.96%)

COST Costco
$347.25 /

+2.67 (+0.77%)

APO Apollo Global
$42.86 /

-1.125 (-2.56%)

ALT Altimmune
$12.03 /

-0.5 (-3.99%)

Hot Stocks
Mullen to build out pilot manufacturing facility, take pre-orders of MX-05 SUV » 08:10
09/25/20
09/25
08:10
09/25/20
08:10
NETE

Net Element

$8.60 /

+2.16 (+33.54%)

Mullen Technologies,…

Mullen Technologies, which previously announced a definitive agreement to merge with Net Element in a stock-for-stock reverse merger in which Mullen's stockholders will receive a majority of the outstanding stock in the post-merger company, announced it will begin build-out of its pilot manufacturing facility and start taking pre-orders of its MX-05 fully electric SUV on Oct. 1. Mullen Technologies' high voltage battery R&D center in Monrovia, California, begins its transformation into a pilot facility for its line of fully electric SUVs on the first of October. The construction is slated for completion by April 2021 with the first MX-05 SUVs, each assembled in America, expected to be delivered to customers by Q2 of 2022. Mullen will begin taking pre-orders for the MX-05 model, at a base starting price of $55,000, on October 1, through its website or at any Mullen retail location in the U.S. The pilot facility will be used to assemble up to 1,000 MX-05 fully electric vehicles per year and subsequently for all other upcoming models such as the MX-07 and MX-03. The operation consists of general assembly, battery assembly, R&D facility and warehouse. Mullen expects to add up to 100 new employees to its manufacturing and logistics team in Monrovia, California.

ShowHide Related Items >><<
NETE Net Element
$8.60 /

+2.16 (+33.54%)

Hot Stocks
Net Element CEO updates shareholders on pending merger with Mullen » 10:05
08/19/20
08/19
10:05
08/19/20
10:05
NETE

Net Element

$9.33 /

+0.12 (+1.30%)

Net Element issues the…

Net Element issues the following letter to shareholders: "We hope you and your loved ones remain safe and healthy during this COVID pandemic. We continue working diligently on the pending merger with Mullen Technologies and we have taken steps to reduce operating expenses related to our payments processing business as we go through the process contemplated by the Merger Agreement. Since announcing the contemplated merger, we have received a number of inquiries from shareholders requesting clarification regarding the expected number of shares that will be outstanding at closing if the pending merger with Mullen were to be approved. The Merger Agreement provides for a cap of 75 million outstanding shares at the closing of the transaction which cannot be exceeded without both parties' approval; however, this is a maximum number and there is no way of knowing the actual number of shares that will be outstanding at that time. By way of example only, if the share price on the transaction closing date is the same as the closing price on August 18, 2020, the Company anticipates that the number of shares outstanding at closing will be approximately 50 million. If the share price on the transaction closing date is less than the closing price on August 18, 2020, the Company anticipates that the number of shares outstanding at closing will be greater than 50 million but subject to the 75 million share cap. After Mullen's completion and delivery to the Company of its audited financial statements, the Company intends to prepare and file with the SEC a registration statement on Form S-4 in which the proxy statement will be included as a part of the prospectus, in connection with the registration under the Securities Act of the shares of the Company to be issued in connection with the transactions contemplated in the Merger Agreement. Consummation of the merger, the divestiture, the private placement and the other transactions contemplated in the Merger Agreement, are subject to customary conditions including, among others, regulatory approvals and the approval of the Company's stockholders."

ShowHide Related Items >><<
NETE Net Element
$9.33 /

+0.12 (+1.30%)

Hot Stocks
Net Element enters merger agreement with Mullen Technologies » 08:46
08/05/20
08/05
08:46
08/05/20
08:46
NETE

Net Element

$16.53 /

+0.72 (+4.55%)

Net Element announced the…

Net Element announced the execution of a definitive agreement to merge with privately-held Mullen Technologies, a Southern California-based electric vehicle company, in a stock-for-stock reverse merger in which Mullen's stockholders will receive a majority of the outstanding stock in the post-merger Company. Under the terms of the agreement, Net Element's wholly owned, newly formed subsidiary will acquire all the outstanding shares of Mullen. Upon completion of the merger, Net Element shareholders will own 15% and Mullen shareholders will own 85% of the issued and outstanding shares of the combined Company. Net Element has the right to acquire up to an additional 6.7% of the combined Company depending on the amount of loans from Net Element to Mullen prior to closing. Immediately prior to completion of the merger, Net Element will, subject to Net Element's stockholders' approval, divest itself of its payments-processing business and portfolio. The completion of the merger is subject to shareholder and NASDAQ approval, as well as other conditions referenced in the merger agreement. Upon closing of the merger, Net Element's current management team and board of directors will resign and be replaced by a management team led by David Michery, Mullen's founder, chairman and chief executive officer and the Mullen-nominated board of directors. The Company has obtained a fairness opinion satisfactory to its board of directors, and each company's board of directors has approved the execution of the merger agreement. Mullen's shareholders have approved the execution of the merger agreement and the transactions contemplated in such agreement.

ShowHide Related Items >><<
NETE Net Element
$16.53 /

+0.72 (+4.55%)

Hot Stocks
Net Element amends merger LOI with Mullen to extend exclusivity period » 08:33
07/13/20
07/13
08:33
07/13/20
08:33
NETE

Net Element

$11.54 /

+0.94 (+8.87%)

Net Element provides an…

Net Element provides an update on the pending merger with Mullen Technologies. The Company has amended the original Letter of Intent, or LOI, to reflect an extended exclusivity period of 30 days, until August 10. "We are working earnestly on due diligence and other matters in the hope of bringing this merger to fruition for the benefit of our shareholders. The EV industry continues showing robust growth and if consummated, we believe the merger can increase shareholder value," commented Oleg Firer, Executive Chairman and CEO of Net Element.

ShowHide Related Items >><<
NETE Net Element
$11.54 /

+0.94 (+8.87%)

Hot Stocks
Net Element trading resumes  09:00
06/15/20
06/15
09:00
06/15/20
09:00
NETE

Net Element

$4.54 /

+1.965 (+76.31%)

 
ShowHide Related Items >><<
NETE Net Element
$4.54 /

+1.965 (+76.31%)

Get Full Fly Access

Breaking market intelligence sent straight to you
Our team of experts analyze every news story and filter out the noise to deliver real-time market moving news.
Up-to-date information on important industry events
Get real-time updates on events that are moving the market—from conferences and calls to syndicate announcements.
News focused on the companies in your portfolio
Create up to 12 portfolios with 150 stocks each, and see how active they are in market news.