March 2011 - Page 26 of 34

TuesdayMar 08, 2011 9:55 am

Allied Healthcare International Inc. (AHCI) Subsidiary Acquires HALO Division to Become Largest Healthcare Provider in Scotland

Yesterday, UK-based healthcare staffing services provider, Allied Healthcare International Inc. announced that its subsidiary, Allied Healthcare Group Limited, has acquired the homecare business of Health and Lifecare Options Limited (HALO). Now, as the largest healthcare provider in Scotland, Allied will be able to add more hours and introduce new higher margin services in the new locations, and the company will also have an opportunity to expand existing volumes of care to the elderly under Allied's management structure. Allied expects this acquisition to be accretive to its earnings. ScotHomecare is a flexible domiciliary homecare business and has nine branches in Scotland…

TuesdayMar 08, 2011 9:30 am

Gold Prices Hit Record Highs as Ongoing Geopolitical Events Drive Rally; Earth Dragon Resources, Inc. (EARH.OB) Poised to Benefit

Gold prices have risen to record heights for the third time in a week, supporting Earth Dragon Resources, Inc. belief that the ceiling is potentially much higher yet. Gold futures for April delivery settled at US$1,434.50 at 1:32 p.m. on the Comex in New York yesterday. Last week, the metal climbed 1.4 percent, extending the rally to six weeks, the longest since September 2007. Because the Earth Dragon's economic model was predicated on gold prices in the US$1200/oz range, the company is in an increasingly advantageous position to capitalize on the record high prices. The company's ability and motivation to…

TuesdayMar 08, 2011 9:16 am

Attitude Drinks Inc. (ATTD) Launches Phase III Recovery Drinks in New England Market

Shares of Attitude Drinks have been on the slide, but got a big pop yesterday from news of the launch of the company's Phase III® Drink products in the New England market via a relationship with Entercom Boston. Through this partnership, Phase III® will now be associated with two of the biggest names in professional sports, the Boston Red Sox and the Boston Celtics, while reaching over 10 million consumers in the Northeast corner of the United States. Phase III will be introduced through a completely integrated marketing campaign utilizing The WEEI Sports Radio Network, Sponsorship of Red Sox Spring…

TuesdayMar 08, 2011 9:07 am

Callidus Software Inc. (CALD) Acquires ForceLogix Assets to Strengthen Industry Foothold

Callidus Software Inc., a leader in Sales Performance Management (SPM) designed to maximize management of a company’s sales force and channel partners, has completed the purchase of all the assets of ForceLogix Inc., a leading SaaS provider of sales coaching and talent optimization solutions. Leslie Stretch, president and CEO of Callidus, detailed the benefits of the acquisition. "This acquisition opens up new opportunities in the vital new breakout market for sales and call center coaching and optimization," Stretch stated in the press release. "ForceLogix' best-in-class technology extends our position as the leader in this very important market. At the same…

MondayMar 07, 2011 4:34 pm

ZIOPHARM Oncology Inc. (ZIOP) Inks Collaboration Deal with Solasia for Pan-Asia/Pacific Commercialization

ZIOPHARM Oncology Inc., an oncology small molecule and synthetic biology drug development company, has entered into a license and collaboration agreement with Solasia Pharma K.K., a developer of Western oncology pharmaceuticals in-licensed for commercialization in Asian markets, in which the two companies will develop and commercialize ZIOPHARM’s darinaparsin product (Zinapar™ or ZIO-101) and related organic arsenic molecules in specified Pan-Asian/Pacific territories. Darinaparsin is being developed for the treatment of various hematologic and solid cancers, and was granted Orphan Drug Designation in the U.S. and Europe. Per today’s agreement, Solasia intends to seek similar status in Japan. The agreement gives Solasia…

MondayMar 07, 2011 4:32 pm

Dehaier Medical Systems Ltd. (DHRM) Shares Surge on Solid Q4 Results

Dehaier Medical Systems Ltd., an emerging leader in the development, assembly, marketing and sale of medical devices and homecare medical products in China, today posted its financial results for the fourth quarter and 12 months ended December 31, 2010, sending shares surging 12.36% to $6.18. Revenue for the quarter increased 126 percent year-over-year to $6.7 million, up from $2.9 million in the fourth quarter of 2009. The company attributes the increase to growth in its homecare products and self-branded and third-party medical devices. Gross profit increased 119 percent year-over-year to $2.5 million, accounting for 36.9 percent of revenue, up from…

MondayMar 07, 2011 3:43 pm

China Shengda Packaging Inc. (CPGI) to Build Paper Manufacturing Facility

China Shengda Packaging Group Inc. is a leading paper packaging company in China. Its main focus is on the design, manufacturing and sale of flexo-printed and color-printed corrugated paper cartons. However, the company also manufactures corrugated paperboards which are used for the production of its cartons. The company announced today that it had signed a letter of intent to purchase the land use rights for a 166,533 square meter plot of land in Yancheng City, Jiangsu Province for $11.4 million. This buy was made in order to build a new paper manufacturing plant. China Shengda plans to fund the purchase…

MondayMar 07, 2011 3:40 pm

Comstock Mining Inc. (LODE) Releases Drilling Results at Nevada Site

Comstock Mining Inc. reported the results of ongoing exploratory drilling at the company’s mining properties in the United States, where the company is prospecting for gold and silver. Comstock Mining Inc. has finished drilling thirteen reverse circulation holes at the Dayton Resource Area in western Nevada. The company reported that the results indicate the highest level of gold and silver of any sample obtained to date at the project area. Comstock Mining Inc. reported 1.21 ounces of gold and 2.8 ounces of silver per ton in a ten foot interval at one of the reverse circulation holes drilled. The company…

MondayMar 07, 2011 3:05 pm

Writers’ Group Film Corp. (WRIT) is “One to Watch”

Through Front Row Networks, Inc., Writers’ Group Film Corp. is a live concert production and distribution company that produces live concerts in 3-D for initial digital broadcast into movie theaters in North America. Following their theatrical run, the films are then licensed to US and international broadcasters, pay channels, PPV markets, DVD and Blu-Ray distributors, and sold on the internet as downloads. 3D content has become a worldwide phenomenon. From 2008 to 2010, Hollywood 3D releases jumped from 2 to 22, and more than 30 major 3D releases are expected in 2011. Last year, the extra revenue from the 22…

MondayMar 07, 2011 12:56 pm

UFood Restaurant Group Inc. (UFFC.OB) Opens Huge New Military Channel, Lands Contract to Open Two Units at Aberdeen Proving Ground in Maryland

UFood Restaurant Group, www.ufoodgrill.com – the operator/franchisor of the UFood Grill fast-casual food service restaurants, which offer a delicious line of healthy cuisine in the “better for you” quick-serve segment, reported the award of a contract by the Army and Air Force Exchange Service (AAFES), to open two locations at the Aberdeen Proving Ground (APG) in Maryland. CEO of UFFC, George Naddaff, founder of Boston Market, who led the franchising of several companies like the wildly successful Sylvan Learning Center, spoke warmly of this exciting opportunity to bring the UFood concept to the men and women in the military and…

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Month: March 2011