NEWL News Tuesday, July 1, 2014 11:44:58 PM $NEWL
Post# of 66
Most active Nasdaq-traded stocks
AP - Tue Jul 01, 5:06PM CDT
NEW YORK (AP) — A look at Nasdaq 10 most-active stocks at the close of trading:
NASDAQ Scheduled Resumption in NewLead Holdings Ltd.
GlobeNewswire - Fri Jun 27, 9:16AM CDT
The NASDAQ Stock Market (Nasdaq:NDAQ) announced today that trading in NewLead Holdings Ltd. (Nasdaq:NEWL) is scheduled to resume on Friday, June 27, 2014 at 11:00:00 a.m., Eastern Time. Trading in the company's stock was halted on Wednesday, June 18, 2014 at 9:39:53 a.m., Eastern Time.
NewLead Holdings Ltd. Receives NASDAQ Staff Determination Letter; Intends to Request Hearing
PR Newswire - Thu Jun 26, 4:33PM CDT
NewLead Holdings Ltd. (NASDAQ: NEWL) ("NewLead" or the "Company" today announced that, on June 25, 2014, the Company received a letter from the NASDAQ Listing Qualifications Staff (the "Staff" of The NASDAQ Stock Market LLC ("NASDAQ" notifying the Company that the Staff has determined pursuant to its discretionary authority set forth in Listing Rule 5101 to delist the Company's securities based on public interest concerns raised by certain false and misleading public disclosures made by the Company and the fact that the Company has not demonstrated an ability to sustain compliance with the $1.00 minimum bid price requirement for continued listing on The NASDAQ Global Select Market, as set forth in Listing Rule 5450(a)(1), as required by a NASDAQ Hearings Panel decision dated January 3, 2014. As a separate and additional basis for delisting, the Company was notified that it had not regained compliance, by June 23, 2014, with the $50 million in market value of listed securities requirement for continued listing on The NASDAQ Global Select Market, as set forth in Listing Rule 5450(b)(2)(A). As a result of the foregoing, the Company's securities will be subject to delisting unless the Company requests a hearing before the NASDAQ Hearings Panel (the "Panel" by July 7, 2014 to present a plan to regain compliance and address the Staff's concerns. NewLead intends to timely request a hearing before the Panel. The Company's securities will continue to be listed on The NASDAQ Global Select Market until such time as the Panel determination is made.
NewLead Holdings Ltd. Clarifies Prior Press Release Regarding Completion of $44.8 Million Settlement Agreement
PR Newswire - Thu Jun 26, 8:00AM CDT
On June 18, 2014, NewLead Holdings Ltd. (NASDAQ: NEWL) ("NewLead" or the "Company" announced that the Company satisfied its obligations under the $44.8 million court ordered settlement agreement (referred to in the prior press release as a "balance sheet program" with MG Partners Limited ("MGP" and Hanover Holdings I, LLC ("Hanover" , all as more fully described in NewLead's current reports on Form 6-K, as initially filed on December 2, 2013 and through June 26, 2014 with respect to such court ordered settlement dated December 2, 2013 (the "Order" . The Order was in accordance with a stipulation of settlement (the "Settlement Agreement" among NewLead, MGP and Hanover, in the matter entitled Hanover Holdings I, LLC v. NewLead Holdings Ltd., Case No. 160776/2013 (the "Action" . Hanover commenced the Action against the Company on November 19, 2013 to recover an aggregate of $44,822,523.85 of past-due indebtedness of the Company which Hanover had purchased (and validly assigned to MGP) from certain creditors of the Company.
Restructuring & Contemplated Expansion of Product Lines; NewLead Holdings Investor Update by BrokerBank Securities, Inc.
PR Newswire - Mon Jun 23, 12:30PM CDT
NewLead Holdings Ltd. (NASDAQ: NEWL) has historically been an international shipping company that has been transforming into an international vertically integrated shipping and commodity company. NewLead engages in the transportation of refined products, such as gasoline and jet fuel, and dry bulk goods, such as iron ore, coal and grain.
Board Elections, Definitive Agreements, Court Orders and Market Valuation Updates - Analyst Notes on Golar LNG, Safe Bulkers, NewLead, Dynagas and Star Bulk
PR Newswire - Thu Jun 19, 5:10AM CDT
Today, Analysts Review released its analysts' notes regarding Golar LNG Ltd. (NASDAQ: GLNG), Safe Bulkers, Inc. (NYSE: SB), NewLead Holdings Ltd. (NASDAQ: NEWL), Dynagas LNG Partners LP (NASDAQ: DLNG) and Star Bulk Carriers Corp. (NASDAQ: SBLK). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/3873-100free.
NASDAQ Halts Newlead Holdings Ltd.
GlobeNewswire - Wed Jun 18, 11:09AM CDT
The NASDAQ Stock Market (Nasdaq:NDAQ) announced that trading was halted today in Newlead Holdings Ltd. (Nasdaq:NEWL) at 9:39:53 Eastern Time for "additional information requested" from the company at a last price of $0.4955.
NewLead Holdings Ltd. Completes $44.8 Million Balance Sheet Program
PR Newswire - Wed Jun 18, 8:15AM CDT
NewLead Holdings Ltd. (NASDAQ: NEWL) ("NewLead" or the "Company" today announced that the Company completed the $44.8 million balance sheet program ("program" with Magna Group Partners Limited ("MGP" and Hanover Holdings I, LLC ("Hanover" . Through this program NewLead enhanced its balance sheet by $44.8 million by settling past-due indebtedness. The program allowed NewLead to complete the acquisition of one newbuilding eco-type 35,000 dwt dry bulk Handysize vessel, expected to be delivered to NewLead's fleet between July and August 2014, a coal wash plant in Kentucky, USA, and access to develop the Five Mile mine, that includes a CSX rail load facility, the Andy Rail Terminal, in Kentucky, USA, as well as clearing the way to acquire the title to such mine. It is expected that by the end of 2014, title to the Five Mile mine will be transferred to NewLead.
Ironridge Global IV, Ltd. Obtains Published Legal Decision of U.S. District Court Allowing Issuance of NewLead Holdings Ltd. Shares by Ironridge
PR Newswire - Wed Jun 18, 8:00AM CDT
Ironridge Global IV, Ltd., an institutional investor in micro-cap public companies, obtained a published legal decision in favor of Ironridge by the United States District Court, Southern District of New York, which is available for review here. The official legal citation for the published opinion against NewLead Holdings Ltd. (NEWL) is NewLead Holdings Ltd. v. Ironridge Global IV Ltd., 14CV3945, 2014 WL 2619588 (S.D.N.Y. June 11, 2014).
NewLead Holdings Ltd. Announces Inappropriate Issuance of NewLead's Shares by Ironridge
PR Newswire - Tue Jun 17, 3:00PM CDT
NewLead Holdings Ltd. (NASDAQ: NEWL) ("NewLead" or the "Company" today announced that Ironridge Global IV, Ltd. ("Ironridge" has inappropriately, again, exercised "self-help" in directing the transfer agent to issue shares to it, after conceding in court that NewLead had made an election to pay the dividend and embedded dividend liability of the Promissory Note ("Note" in cash.
Ironridge Global IV, Ltd. Receives Clean Bill of Health from Federal Court
PR Newswire - Fri Jun 13, 7:00PM CDT
Ironridge Global IV, Ltd., an institutional investor in micro-cap public companies, received a clean bill of health in a Memorandum & Order from the United States District Court, Southern District of New York, in Case No. 14-cv-03945-WHP, which is available for review here.
NewLead Holdings Ltd. Announces Intention to Pursue Damage Claims Against Ironridge in Arbitration
PR Newswire - Thu Jun 12, 7:30AM CDT
NewLead Holdings Ltd. (NASDAQ: NEWL) ("NewLead" or the "Company" announced today that on June 3, 2014, NewLead received a Temporary Restraining Order against Ironridge Global IV, Ltd ("Ironridge" enjoining the issuance of further common shares of NewLead pursuant to its Series A Preference Shares. On June 11, 2014, the United States District Court, Southern District of New York ("Court" determined that a Preliminary Injunction against such further issuance was unavailable because, as a threshold matter, the Court lacked jurisdiction over Ironridge.
Ironridge Global IV, Ltd. Successfully Prevails in NewLead Holdings Ltd. TRO
PR Newswire - Wed Jun 11, 4:24PM CDT
Ironridge Global IV, Ltd., an institutional investor in micro-cap public companies, today announced that Ironridge fully prevailed on the Temporary Restraining Order (TRO) and Petition for Preliminary Injunctive Relief Pending Arbitration brought by NewLead Holdings Ltd. (NEWL). After Ironridge was given an opportunity to respond at a hearing, the U.S. District Court ruled completely in favor of Ironridge, dissolved the TRO, and denied NewLead's request for a preliminary injunction. The court ruled in Ironridge's favor on every issue, stating in relevant part as follows: