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Stock Market & Financial Investment News

News Breaks
October 1, 2012
07:42 EDTMNGAMagnegas initiated with an Outperform at Northland Securities
Target $7.50.
News For MNGA From The Last 14 Days
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July 29, 2015
09:13 EDTMNGAOn The Fly: Pre-market Movers
UP AFTER EARNINGS: Buffalo Wild Wings (BWLD), up 11.4%... Panera Bread (PNRA), up 5.9%... Sonus Networks (SONS), up 7.2%... Gilead Sciences (GILD), up 3.6%... U.S. Steel (X), up 3.3%... Synchronoss (SNCR), up 2.8%. ALSO HIGHER: Cytec Industries (CYT), up 26.7% after being acquired by Solvay (SVYZY)... MagneGas (MNGA), up 7.8% after receiving multiple orders... AK Steel (AKS), up 5.2% after being upgraded to Outperform from Neutral at Macquarie. DOWN AFTER EARNINGS: Yelp (YELP), down 23.6%... VASCO Data Security (VDSI), down 13.3%... Tableau Software (DATA), down 16%... Twitter (TWTR), down 11.4%... Akamai Technologies (AKAM), down 7.9%.
08:18 EDTMNGAMagneGas receives multiple orders from major waste to energy company
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July 24, 2015
09:18 EDTMNGAMagneGas receives $550K gasification equipment order, forms joint venture
MagneGas has signed a Memorandum of Understanding with Green Gas Supply to expand into Louisiana and Texas with a $550K Plasma-Arc Gasification system sale that includes future royalty payments, profit sharing rights and an initial 300 cylinder gas order to seed the territory. Under the terms of the MOU, a new joint venture company will be established in Louisiana to own and operate MagneGas gasification systems to produce and sell MagneGas2 into the metal cutting market. MagneGas will own 50% of NewCo and will receive minimum royalty payments of 5% of gross revenue plus equal profit sharing rights. As part of the MOU, Green Gas has paid a deposit and definitive agreements with full payment are expected to be signed within 90 days.

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