Camber Energy (CEI) Improves Its Balance Sheet; Hancock Jaffe (HJLI) Surges; Bombardier (BDRBF) Plunges on Regulatory Action; Nasdaq Notifies Teligent (TLGT), Ecology and Environment (EEI)
Shares of Camber Energy, Inc. (NYSEAmerican:CEI) climbed $0.015 (or +8.39%) to $0.20 on Friday after the company reported its Quarterly financial results, highlighting the Company's success in improving its balance sheet and positioning itself towards regaining NYSE American compliance by December 15, 2018.
According to the Form 10-Q, Camber Energy improved its equity position by $30.4M sequentially.
Camber Energy is a growth-oriented, independent oil and gas company engaged in the development of crude oil, natural gas and natural gas liquids in the Texas Panhandle as well as other basins
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Hancock Jaffe Laboratories, Inc. (Nasdaq:HJLI) shares surged $0.09 (or +4.84%) to $1.95 on Friday's trading session.
HJLI specializes in developing and manufacturing bioprosthetic medical devices to establish improved standards of care for treating cardiac and vascular diseases.
HJLI currently has three product candidates: the porcine tissue based VenoValve, which is intended to be surgically implanted in the deep venous system of the leg to treat Chronic Venue Insufficiency; the CoreoGraft, a bovine tissue based off the shelf conduit intended to be used for coronary artery bypass surgery, and a porcine tissue based heart valve, which based upon its relatively small size and increased output, is an ideal candidate for pediatric aortic/mitral valve replacement.
What You Need to Know About HJLI
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Shares of plane and train maker Bombardier closed in negative territory Friday - (OTCMKTS:BDRBF) $1.28 (-$0.31 or -19.50%) (TSX:BBD.B) CAD$1.67 (-CAD$0.42 or -20.10%) - after the Autorité des marchés financiers (AMF) said it was “reviewing” transactions and “various announcements” related to Bombardier’s creation of an Automatic Securities Disposition Plan on Aug. 15.
According to Bombardier, the ASDP had been reviewed by the AMF prior to its establishment on August 15, 2018. The company has taken the necessary measures to suspend all sales of securities pursuant to the ASDP until further notice and said that it intends to fully cooperate with the AMF in its review.
Bombardier is a global leader in the transportation industry, creating innovative and game-changing planes and trains.
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Teligent, Inc. (Nasdaq:TLGT) said that it has received a standard notice from NASDAQ stating that, as a result of not having timely filed its quarterly report on Form 10-Q for the period ended September 30, 2018, the company is not in compliance with NASDAQ Listing Rule 5250(c)(1), which requires timely filing of periodic financial reports with the SEC.
Teligent has until January 14, 2019, to either file the Form 10-Q or submit a plan to NASDAQ in order to regain compliance with NASDAQ's Listing Rules
TLGT shares finished at $2.56, up $0.04 ( or+1.59%) on Friday's trading session
Teligent is a specialty generic pharmaceutical company.
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Ecology and Environment, Inc. (Nasdaq:EEI) said that it has received a formal notification from the Listing Qualifications Department of the Nasdaq Stock Market stating that the Company is not in compliance with the requirements for continued listing under Nasdaq Listing Rule 5250(c)(1) because it did not file its 2018 Annual Report on a timely basis.
The Company is continuing to work diligently to complete the 2018 Annual Report and file it with the SEC as soon as possible.
EEI shares closed at $11.40, down $0.58 (or -4.84%) on Friday.
Ecology and Environment, an environmental consulting firm, provides professional services to government and private clients worldwide.
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