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Home » Business & Finance » Plunging Stocks Update - Cytori Therapeutics, (NASDAQ:CYTX), Inventergy Global, (NASDAQ:INVT), Paragon Offshore, (NYSE:PGN), Real Goods Solar, (NASDAQ:RGSE)
Plunging Stocks Update – Cytori Therapeutics, (NASDAQ:CYTX), Inventergy Global, (NASDAQ:INVT), Paragon Offshore, (NYSE:PGN), Real Goods Solar, (NASDAQ:RGSE)

Plunging Stocks Update - Cytori Therapeutics, (NASDAQ:CYTX), Inventergy Global, (NASDAQ:INVT), Paragon Offshore, (NYSE:PGN), Real Goods Solar, (NASDAQ:RGSE)

March 12, 2015 12:24 pm by: Category: Business & Finance Leave a comment A+ / A-

On Wednesday, Following U.S. Stocks were among the “Top Losers”: Cytori Therapeutics, (NASDAQ:CYTX), Inventergy Global, (NASDAQ:INVT), Paragon Offshore, (NYSE:PGN), Real Goods Solar, (NASDAQ:RGSE)

Cytori Therapeutics, (NASDAQ:CYTX), with shares dwindled -11.85%, closed at $1.19.

Inventergy Global, (NASDAQ:INVT), with shares declined -11.10%, settled at $0.64.

Paragon Offshore, (NYSE:PGN), with shares dipped -9.77%, and closed at $1.20.

Real Goods Solar, (NASDAQ:RGSE), dropped -9.19%, and closed at $0.34.

Latest NEWS regarding these Stocks are depicted underneath:

Cytori Therapeutics, Inc. (NASDAQ:CYTX)

Cytori Therapeutics, Inc. (CYTX), declared that Dr. Marc H. Hedrick, President and CEO of Cytori Therapeutics, presented at the 27th Annual ROTH Conference in Laguna Niguel, California, March 8-11, 2015. Cytori’s presentation started on March 10th in Track 6, Salon 6.

The annual ROTH Conference, hosted by Roth Capital Partners, is one of the largest of its kind with over 500 participating companies and over 3000 attendees, and features presentations from hundreds of public and private companies in a variety of industries, counting healthcare.

Cytori Therapeutics, Inc., a cell therapy corporation, develops cell therapies based on autologous adipose-derived regenerative cells (ADRCs) to treat cardiovascular disease and other medical conditions.

Inventergy Global, Inc. (NASDAQ:INVT)

Inventergy Global, Inc. (INVT), declared that it has launched a collaborative new Mobile User Device licensing initiative for its 3G/LTE mobility patent portfolio, providing standardized rates and terms to mobile equipment manufacturers. The portfolio comprises Standards Essential Patents (SEPs); that is, patents covering technologies that must be used to comply with a technical standard.

Inventergy attaind over 500 patent assets in Mobile Broadband (3G-LTE) Technologies from Panasonic, a global leader in telecommunications and consumer electronics.

According to the International Data Corporation (IDC), the worldwide market for mobile handsets is projected to reach over 1 billion worldwide units sold in 2015 and nearly 10 billion cumulatively over the next five years.

The mobile user device market is one of at least nine market segments addressed by the Inventergy patent portfolios of over 760 telecommunications related patents attained from industry leaders, Panasonic, Huawei, and Nokia. Many of the patent assets attained from Panasonic also relate to the mobility infrastructure market.

Inventergy is actively engaged with a number of companies in various market segments. On February 12, 2015, Inventergy declared a $2 million license arrangement with a mid-tier telecommunication corporation in its IMS/VoIP infrastructure segment.

Inventergy Global, Inc. is Silicon Valley-based intellectual property corporation dedicated to identifying, acquiring and licensing the patented technologies of market-noteworthy technology leaders.

Paragon Offshore plc (NYSE:PGN)

Formerly on February 19, Paragon Offshore plc (PGN), stated a fourth quarter 2014 net revenue of $2.8 million, or $0.03 per diluted share as contrast to fourth quarter 2013 net revenue of $37.6 million, or $0.44 per diluted share. Results for the quarter comprise a $130.5 million, or $1.47 per diluted share, non-cash impairment charge related to Paragon’s four cold-stacked units, the Paragon MSS3, Paragon DPDS4, Paragon FPSO1, and Paragon B153 each of which the corporation has decided to scrap. Results also comprised of an $11.7 million, or $0.13 per diluted share, gain related to the formerly revealed repurchase of an aggregate principal amount of $35.2 million of its senior unsecured notes. Not including the impairment, the tax influence of the loss on the impairment, and the gain, Paragon’s adjusted net revenue (see Reconciliation of GAAP to Non-GAAP Financial Measures Table for a reconciliation to net revenue) was $80.3 million, or $0.90 per diluted share. Results for Prospector Offshore Drilling S.A. (“Prospector”), in which Paragon attained a majority interest on November 17, 2014, were comprised of in Paragon’s results for the quarter.

Paragon Offshore plc, together with its auxiliaries, provides offshore drilling rigs. The corporation is involved in contracting its rigs, related equipment, and work crews to conduct oil and gas drilling and workover operations for its exploration and production customers on a day rate basis. Its drilling fleet comprises of standard specification rigs comprising 34 jackups and 8 floaters, counting 5 drillships and 3 semisubmersibles, in addition to 1 floating production storage and offloading unit.

Real Goods Solar, Inc. (NASDAQ:RGSE)

Formerly on March 5, WestPark Capital, a Los Angeles based Investment Banking firm, declared that it had closed a $3,500,000 public offering for Real Goods Solar, Inc. (RGSE). The Corporation will use the proceeds from the sale of the Securities for general corporate and working capital purposes.

Formerly on March 2, one of the nation’s largest and most recognized rooftop installers of solar equipment, has begun a process of reorganization and realignment under a new operational model designed to leverage core strengths while reducing non-core overhead.

Formerly on February 27, Real Goods Solar, Inc. has accomplished the formerly declared public offering of 7 million units comprising of its Class A ordinary stock and Series A, B, C, D and E ordinary stock warrants at a price of $0.50 per unit. WestPark Capital, Inc. acted as the exclusive placement agent in the offering.

Real Goods Solar, Inc. operates as a residential and commercial solar energy engineering, procurement, and construction corporation in the United States. It provides commercial and residential solar energy solutions.

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Plunging Stocks Update - Cytori Therapeutics, (NASDAQ:CYTX), Inventergy Global, (NASDAQ:INVT), Paragon Offshore, (NYSE:PGN), Real Goods Solar, (NASDAQ:RGSE) Reviewed by on . On Wednesday, Following U.S. Stocks were among the "Top Losers": Cytori Therapeutics, (NASDAQ:CYTX), Inventergy Global, (NASDAQ:INVT), Paragon Offshore, (NYSE:P On Wednesday, Following U.S. Stocks were among the "Top Losers": Cytori Therapeutics, (NASDAQ:CYTX), Inventergy Global, (NASDAQ:INVT), Paragon Offshore, (NYSE:P Rating: 0

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