Blog - Page 2989 of 5589

FridayFeb 01, 2013 11:16 am

January Unemployment Rate Points to a Steady U.S. Economy

The U.S. Department of Labor released payroll figures for the month of January today. In January, employers added a total of 157,000 workers to their payrolls. This is roughly in line with the consensus estimate of 160,000 jobs to be added; however, the overall unemployment rate did tick up to 7.9% from the prior month’s reading of 7.8%. The good news in the numbers released by the Labor Department came in the form of upward revisions in the jobs numbers for the previous two months of November and December. There were 127,000 more jobs created in those months than originally…

FridayFeb 01, 2013 7:37 am

Top Image Systems Ltd. (TISA) Completes Sweet Sale to Major European Sugar Manufacturer

Leading enterprise content management (ECM) intelligent content capture and delivery solutions provider Top Image Systems yesterday announced that a major European sugar manufacturer is implementing its eFLOW solution to automatically process all incoming invoices. The company, a private family enterprise with 2,028 employees, operates and maintains holdings in sugar factories throughout Europe. In order to automate its invoice process and approval workflow, this company is installing Top Image System’s eFLOW Invoice Reader and eFLOW Invoice for SAP. Top Image Systems’ solution captures invoices in every format and then automatically extracts relevant data, delivering it into the manufacturer’s SAP ERP system.…

FridayFeb 01, 2013 7:36 am

New Energy Systems Group (NEWN) Renews Manufacturing Agreement with New Trent

New Energy Systems Group, an original design manufacturer and distributor of Anytone® and MeePower® branded consumer backup power systems for mobile devices and solar related application products to service municipal power applications, announced today that one of its subsidiaries, Shenzhen Anytone Technology Co., Ltd., has renewed its agreement with New Trent to produce New Trent’s products for distribution and sale in the United States and the UK in 2013. New Trent is a Freemont, California-based retailer and distributor of mobile power devices for use in consumer electronics, such as smart phones, digital cameras, and mobile computing devices. New Trent’s products…

FridayFeb 01, 2013 7:36 am

Corporate Resource Services (CRRS) to Acquire Summit Software

Corporate Resource Services, a staffing, recruiting, and consulting services firm, has finalized negotiations regarding its purchase of the Summit Software division of Tri-Tel Communications Inc. The acquisition is expected to close upon completion of customary approval requirements and closing conditions. Financial details of the deal were not disclosed. Summit Software, an enterprise software applications company focused on the professional employer organization (PEO) industry provides outsourcing and management of human resources, employee benefits, payroll, and workers’ compensation. CRRS plans to tap into its own client base to refine Summit Software’s current technology and create additional revenue. “With the acquisition of Summit…

FridayFeb 01, 2013 7:35 am

TNI BioTech, Inc. (TNIB) Secures Exclusive License to Portfolio of Cancer Treatment and Prevention-Related Intellectual Property

Today, TNI BioTech announced the signing of an exclusive licensing agreement for all of the intellectual property developed at Pennsylvania State by Dr. Ian S. Zagon, Dr. Patricia J. McLaughlin, and Dr. Jill P. Smith for the treatment of cancer. Covering methods and formulations related to the treatment and prevention of cancers, particularly gastrointestinal cancer, the patents describe the use of drugs that interact with opioid receptors (naltrexone, naloxone and the pentapeptide growth factor Met-enkephalin) to inhibit and arrest the growth of cancer. Such efficacy has been discovered to be partly due to the functional manipulation of the zeta opioid…

ThursdayJan 31, 2013 2:28 pm

GNCC Capital, Inc. (GNCP) Provides Investors with Filings Update

GNCC Capital is soon expected to file its Annual Financial Statements for the year ended September 30, 2012, as per a press release issued earlier this week. This filing will remove the Stop annotation given by OTC Markets. The company also told investors that the company will be immediately restored to “Current Information” status once the Attorney’s Letter has been filed with OTC Markets. GNCC anticipates doing so before the end of this week. The Company will be filing its Q1 Financial Results for the quarter ended December 31, 2012, by no later than Monday February 4, 2013, in order…

ThursdayJan 31, 2013 10:43 am

Gryphon Gold Corp. (GYPH) JV with Waterton Improves Operational Dynamics, Borealis Site Expansion Slated

Gryphon Gold, who sold roughly 1.58k ounces of gold (32 tons of loaded carbon) during fiscal 2012 via their Borealis Oxide Heap Leach Operation in Nevada, reported entry today into an agreement package with Waterton Global Value L.P. and one of its subsidiaries to expand this extremely productive operation via a joint venture. Waterton will obtain a 60% ownership interest in GYPH’s operating subsidiary, Borealis Mining Company, via the agreement, which will see Waterton converting the lion’s share currently outstanding under the Senior Credit Facility ($17M, or roughly two-thirds). This brings the amount in the Senior Credit Facility down to…

ThursdayJan 31, 2013 8:26 am

Rafarma Pharmaceuticals, Inc. (RAFA) Named 1 Of 4 National Strategic Pharmaceutical Suppliers To The Russian Federation

Rafarma Pharmaceuticals announced that it has been named one of the four national strategic Pharmaceutical Suppliers to the Russian Federation. This important step for the company means it will receive guaranteed government contracts helping load the manufacturing facility to 100% capacity. The Russian pharmaceutical industry supplies both the national health care system and hospital sector with 70% of medicines in physical volume. The Russian pharmaceutical market is considered to be one of the most dynamic and growing in the world. It continues to grow an average 10-12% per year since 2003 (Source: The Strategy of Development of the Pharmaceutical Industry…

ThursdayJan 31, 2013 7:29 am

JA Solar Holdings Co., Ltd. (JASO) Announces Largest Solar Installation in Tennessee

JA Solar Holdings recently announced the completion of the delivery of 9.5 MW of PV modules to the Volkswagen Solar Park. The installation contains 33,600 high-performance multi-crystalline silicon PV modules across 33 acres of land next to the Volkswagen manufacturing plant in Chattanooga, Tennessee. The modules have been supplied exclusively by JA Solar. Based in Shanghai, China, JA Solar is focused on manufacturing solar power products intended for residential, commercial, and utility-scale power generation. JA Solar produces solar modules which it distributes under its own brand, and also manufactures products for other solar manufacturers. The company also has facilities in…

ThursdayJan 31, 2013 7:29 am

John Atkinson Joins WidePoint Corp. (WYY) as Executive Vice President of Sales and Marketing

WidePoint announced that Mr. John Atkinson will be joining the company as its new Executive Vice President of Sales and Marketing. Atkinson will bring over 28 years of experience to WidePoint, a leading provider of cloud-based telecommunications services and cyber security solutions. Of his new role, Atkinson remarked, “I look forward to being part of the executive team at WidePoint and bringing my expertise and relationships into a marketplace that is poised for wide adoption and growth. In particular, I’m excited about the strategic charge of implementing a suite of integrated secured mobility solutions offered at the Enterprise level.” Having…

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