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Stock Market & Financial Investment News

News Breaks
July 23, 2014
10:31 EDTMNGAMagneGas files provisional patents
MagneGas announced that it has filed provisional patents on the production methods and composition of MagneGas 2. This latest provisional patent is part of MagneGas effort to strengthen and broaden its intellectual property. In this case the application relates to new production methods and designs required to produce gas from high carbon liquid wastes as well as the composition of MagneGas 2.
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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