Skyline Medical (SKLN) Surges After Announcing Plans to Form JV with EOR Aug 30, 2016 10:41AM

Skyline Medical surged Tuesday, gaining over 100%. Earlier it announced the signing of a letter of intent to form a joint venture with Electronic On-Ramp.

Press release:

Skyline Medical Inc. (NASDAQ: SKLN), developer of the innovative STREAMWAY® waste fluid disposal system for medical applications, announces the signing of a letter of intent to form a joint venture with Electronic On-Ramp, Inc. (EOR), a Native American Indian, (8a) certified Small Disadvantaged Business... (continue reading...)


U.S. banks see higher net income, expand lending in second quarter - FDIC Aug 30, 2016 10:35AM

WASHINGTON (Reuters) - U.S. banks saw their net income increase $584 million, or 1.4 percent, compared to the second quarter of last year in a sign of strength for the sector, according to the Federal Deposit Insurance Corporation.

Total credits increased 1.5 percent, $241 billion, in the second quarter driven largely by new home loans and real estate credits, the regulator said on Tuesday. Credit card balances and loans to non-banks also increased.

... (continue reading...)
Google (GOOGL) is close to winning PayPal's (PYPL) cloud business - CNBC Aug 30, 2016 10:29AM

Google (NASDAQ: GOOGL) is close to winning PayPal's (NASDAQ: PYPL) cloud business, beating out Amazon (NASDAQ: AMZN) and Microsoft (NASDAQ: MSFT)- CNBC sources


Cempra (CEMP) Announces Date for FDA Meeting on Solithromycin as CABP Treatment Aug 30, 2016 09:18AM

Cempra, Inc. (Nasdaq: CEMP) announced that the U.S. Food and Drug Administration (FDA) has scheduled a meeting of the Antimicrobial Drugs Advisory Committee on November 4, 2016 in Silver Spring, Maryland to discuss the safety and efficacy of solithromycin to treat community-acquired bacterial pneumonia (CABP).

Cempra conducted two pivotal Phase 3 global registration trials of solithromycin. The first study was conducted with solithromycin oral capsules, and the second... (continue reading...)


GM (GM), U.S. Army TARDEC to Reveal Chevy Colorado-Based Fuel Cell Vehicle in Oct. Aug 30, 2016 09:11AM

General Motors (NYSE: GM) and the U.S. Army Tank Automotive Research, Development and Engineering Center (TARDEC) will reveal a Chevrolet Colorado-based fuel cell electric vehicle in October at the fall meeting of the Association of the United States Army (AUSA) in Washington, D.C.

The vehicle is being developed under an agreement between TARDEC and GM signed in 2015. The collaboration enables TARDEC to access consumer-driven automotive technology for use in military... (continue reading...)


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