Blog - Page 3098 of 5449

ThursdayOct 20, 2011 12:45 pm

Beacon Equity Research: TranS1 (TSON) Shares Drop more than 40% on Subpoena from Government

Shares of TranS1 Inc., a medical device company engaged in the designing, development and marketing of products that implement its minimally invasive surgical approach to treat degenerative disc disease, are down more than 40% this week. The huge sell-off in TranS1 shares was sparked after the company announced on Monday that it received a subpoena from the U.S. Department of Health and Human Services (HHS). In a regulatory filing, TranS1 said that HHS is seeking documents from January 1, 2011, through October 6, 2011. Although TranS1 claims that HHS has made no claims against it, the news triggered a huge…

ThursdayOct 20, 2011 12:40 pm

Beacon Equity Research: Amylin Pharmaceuticals (AMLN) Shares Rally on Wider Approval for Diabetes Drug

Shares of Amylin Pharmaceuticals Inc., a biopharmaceutical company focusing on the discovery, development and commercialization of drug candidates for the treatment of diabetes, obesity and other diseases, are soaring in today’s trading after the company’s diabetes drug received wider approval. Amylin shares rose to an intra-day high of $11.80. At last check, the stock was trading 8.20% higher at $11.08, with volume up from daily average of 1.43 million to 2.68 million. On Wednesday Amylin said that the U.S. FDA approved wider use of Byetta in combination with Sanofi Aventis’ Lantus. Byetta is the company’s drug for type 2 diabetes.…

ThursdayOct 20, 2011 12:36 pm

Small Cap Voice: Tootie Pie (TOOT) Every Day with Rachael Ray

Tootie Pie Company, Inc. announced that it is featured in the November issue of “Every Day with Rachel Ray,” now on newsstands. The article, entitled “Pies Worth the Postage” named Tootie’s Pumpkin Pie as “The Best Pumpkin Pie.” “We are delighted that the folks at ‘Every Day’ chose Tootie Pumpkin Pie as the best,” said Don Merrill, President & CEO. “Rachael Ray is a nationally recognized personality whose name is synonymous with great food and quality. We welcome her readers to try some of our other wonderful pies as well.” “Whether it’s the Food Network, Neiman Marcus or Southern Living,…

ThursdayOct 20, 2011 10:53 am

ERF Wireless, Inc. (ERFB) Banking Segment Grows Revenues

ERF Wireless is a leading provider of enterprise-class wireless and broadband products and services. The company specializes in providing its solutions to enterprise, commercial and residential clients on a regional, national and international basis. The company announced today that its Enterprise Network Services (ENS) division has been working with existing banking customers in Texas and Louisiana to meet their needs for expanded and upgraded services. This activity includes the addition of new service areas that accommodate growing wireless network coverage needs. The ENS division recently completed the addition of one new branch location for one bank and is in the…

ThursdayOct 20, 2011 9:43 am

Rainbow Coral Corp. (RBCC) Creates New Division to Enter $84.6 Billion Global Biotechnology Market

Rainbow Coral Corp. announced the creation of a new division – Rainbow BioSciences, LLC – to pursue opportunities in the thriving global biotechnology sector. The biotech industry has shown tremendous gains recently, with all biotech EFTs notably outperforming the S&P 500 in the last five years. The global biotech industry, led by the United States, was valued at $84.6 billion in 2010 and is expected by numerous analysts to increase to $103 billion by the year 2013. Biotech companies in the industry’s more traditional centers of Canada, Europe, Australia, and the U.S had a record setting 2010, with 30-percent net…

ThursdayOct 20, 2011 9:26 am

Yucheng Technology Ltd. (YTEC) Named Number One Banking IT Service Provider in the Chinese Banking Industry by International Data Corp.

Yucheng Technology Limited, a leading IT service provider to the Chinese banking industry, today announced that the International Data Corporation (IDC) has named Yucheng the No. 1 Banking IT solution provider in China for calendar year 2010. Yucheng's market share rose from 4.3 percent in 2009 to 5.2 percent in 2010. IDC ranked Yucheng first as an IT solution provider, by revenues and market share, for the first time in three years; second in both Channel Solutions and Management Solutions; first for e-banking solutions including loan management solutions and business intelligence solutions; and third in risk management solutions, intermediary business…

ThursdayOct 20, 2011 8:18 am

Small Cap Voice: Atlantic Canada Junior Miner Poses Significant Opportunity in Tough Global Economic Climate

The savvy investor realizes that the rattling of the stock markets over the last few months is based upon fears stemming from European financial woes, but sees the opportunities that are presented as a result of the turmoil. Warren Buffett is forever quoted for trading principles capitalizing on other people’s fears because the situation depresses stock valuations that are often times unjustified and thins the investment community which allows for significant opening positions. Gold and other metals have been widely publicized recently with the retraction in values, boosting the upside gains to the still strong future estimates as compared to…

WednesdayOct 19, 2011 4:35 pm

QualityStocks Supports National Breast Cancer Awareness Month

Breast cancer is the second leading cause of cancer deaths among women in the United States. In this year alone, approximately 40,000 women will die and 230,000 will be diagnosed with breast cancer. October is national breast cancer awareness month and we’re joining the fight against the disease. This year we’re supporting the cause through a donation to the National Breast Cancer Foundation (www.nationalbreastcancer.org). This organization not only helps fund free mammograms for women who are unable to afford them, but also supports breast cancer research programs. We have also donated to Mighty Oaks Foundation (www.mightyoaksfoundation.com) and Friends of Mel…

WednesdayOct 19, 2011 4:30 pm

Sunesis Pharmaceuticals (SNSS) Announces $25 Million Tranched Loan Facility

Shortly after the closing bell today, Sunesis Pharmaceuticals, Inc. reported that it has secured a $25 million tranched loan facility. Under the terms of the loan agreement, Sunesis received $10 million upon closing, with the remaining $15 million available for draw at its discretion following the planned interim analysis of the VALOR trial by an independent Data and Safety Monitoring Board (DSMB), which is expected in mid-2012. The company intends to use the funds to support the clinical development activities related to VALOR, a Phase 3, multinational, randomized, double-blind, placebo-controlled, pivotal clinical trial of vosaroxin in combination with cytarabine in…

WednesdayOct 19, 2011 3:55 pm

Axion International Holdings, Inc. (AXIH) Recycled Structural Composite Technology Named a Top 3 Worldwide Innovation by R&D Magazine

Axion International Holdings, Inc., a leader in Recycled Structural Composite (RSC)™ technology used in producing railroad ties and bridges, announced today that R&D Magazine named the company’s I-beam design as one of the Top 3 worldwide innovations of 2011. The announcement came after receiving one of only three R&D 100 Editor's Choice Awards at the R&D 100 Awards Ceremony in Orlando, Florida on October 13th. For almost 50 years, the prestigious R&D 100 Awards have recognized the year's best new high-technology products. Determined by a panel of experts chosen by R&D Magazine, the award recognizes the most important innovations of…

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