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Stocks With Escalations – Forward Industries Inc (FORD), Net Element International Inc (NETE), Authentidate Holding Corp (ADAT), AEterna Zentaris Inc (AEZS)

The three major U.S. indexes have now lost ground six days in a row, with the Dow falling about 1,900 points over that period.

The 10 sectors in the S&P 500 declined, with utilities falling the most, 3.2 percent. The sector is down 5.8 percent this year. It is also undergoing what Wall Street calls a “correction” — a drop of at least 10 percent from its most recent high.

China cut its interest rates for the fifth time in nine months in a renewed effort to shore up economic growth. The central bank also increased the amount of money available for lending by reducing the reserves banks are required to hold.

Analysts said that while Tuesday’s actions by China may calm the stock market turmoil for now, the country faces a long period of uncertainty.

“The Chinese economy is going to be on this bumpy road for a while, and it will have ebbs and flows that will no doubt have a serious impact on the global economy,” said Kamel Mellahi, professor at the Warwick Business School. “What we are seeing now is a dress rehearsal of things to come.”

Investors are trying to assess whether there is a broader and deeper global economic slowdown brewing, given recent discouraging economic data out of China and the government’s surprise devaluation of its currency, the yuan, this month.

Forward Industries Inc (NASDAQ:FORD) started its trading session with the price of $1.01 and closed at $1.30 by scoring +27.45%. FORD’s stocks traded with total volume of 11.14 million shares, while the average trading volume remained 555,832.00 shares. The beta of FORD stands at 0.29. Day range of the stock was $1.00 -$1.93. Forward Industries Inc. (NASDAQ:FORD) a designer and distributor of custom carry and protective solutions, recently publicized they have signed an extension with Bayer Healthcare LLC to supply Global custom carry cases for their diabetic products through the end of 2018. Bayer Healthcare has been a significant customer of Forward in the past several years and its current supplier agreement pursuant to which Bayer Healthcare purchases certain products from Forward was due to expire at the end of 2016.

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What was the Moving Force behind FORD On Bullish Run? Read This Research Report on FORD

Net Element International Inc (NASDAQ:NETE) finished last trade at $0.243, gaining +21.23%. Trading volume recorded for this company was about 4.64 million shares as compared to its average volume of 3.00 million shares. The company has the total of 67.14 million outstanding shares while its market capitalization is now about $13.43 million. Net Element, Inc. (NASDAQ:NETE) a provider of global mobile payment technology solutions and value-added transactional services, is pleased to declare completed partnership agreements with Kcell JSC, and Beeline, a wholly owned subsidiary of VimpelCom, Ltd. These agreements enable Kcell and Beeline to use Net Element’s mobile payment platform, TOT Money, to facilitate mobile payments for its subscribers.

For How Long NETE’s Gloss will Attract Investors ? Find out via this report

Authentidate Holding Corp (NASDAQ:ADAT) reported the gain of +137.70% and closed at $0.290 with the total traded volume of 5.92 million shares versus average trading volume of 62,697.00 shares. Its market capitalization is $4.35 million. The stock has a 52-week high price of $1.20 and its 52-week low was recorded at $0.09. Authentidate Holding Corp. (NASDAQ:ADAT) a provider of secure web-based revenue cycle management applications and telehealth products and services for healthcare organizations, and Peachstate Health Management, LLC d/b/a AEON Clinical Laboratories, an expanding clinical laboratory based in Gainesville, GA (“AEON”), broadcasted that the companies have entered into a non-binding letter of intent (the “Letter of Intent”) for the acquisition of all of the outstanding membership interests of AEON in exchange for shares of a newly created class of Series E Preferred Stock of Authentidate (the “Series E Shares”).

Will ADAT Continue To Move Higher? Find Out Here

AEterna Zentaris Inc (NASDAQ:AEZS) reported the decrease of -0.93% to close at $0.0850 with the overall traded volume of 12.66 million shares. Its market capitalization on last close reached to $16.12 million. Its intraday-low price was $0.08 and its hit its day’s highest price at $0.09. Aeterna Zentaris Inc. (NASDAQ:AEZS) a specialty biopharmaceutical company engaged in developing and commercializing novel treatments in oncology, endocrinology and women’s health, announced financial and operating results as at and for the second quarter ended June 30, 2015. Net loss for the three-month period ended June 30, 2015 was $15.1 million or $0.14 per basic and diluted share, as compared to $5.0 million or $0.09 per basic and diluted share for the same period in 2014.

Will AEZS Get Buyers Even After The Recent Decline? Find Out Here

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