Blog - Page 3102 of 5449

MondayOct 17, 2011 1:45 pm

Beacon Equity Research: Anadys (ANDS) Skyrockets on Acquisition by Roche Holdings

Shares of Anadys Pharmaceuticals Inc., a biopharmaceutical company engaged in the development of medicines for the treatment of hepatitis C, are seeing a huge rally in today’s trading after the company agreed to be acquired by Roche Holdings AG. At last check, Anadys Pharmaceuticals shares were trading 250.96% higher at $3.65, with volume up from daily average of 431,946. Switzerland-based Roche agreed to acquire Anadys for $230 million in cash. The acquisition will boost Roche’s hepatitis franchise and broaden its business outside cancer medicine operations. Under the terms of agreement between the two companies, Roche will pay $3.70 per share…

MondayOct 17, 2011 1:06 pm

American Superconductor Corp. (AMSC) Unveils New Corporate Identity

American Superconductor Corp. today announced the formation of a new corporate identity, “AMSC.” The company has a new tagline as well: “Smarter, cleaner … better energy.” AMSC's wind and grid products have also been rebranded as Windtec Solutions and Gridtec Solutions. Boston, Ma-based AMSC is focused on providing sustainable energy through wind power, while also providing advanced grid systems. In 2011, AMSC will be showcasing products at China WindPower, where it will introduce its Wind-RT system, specifically for integration into existing Chinese squirrel cage induction generators. AMSC will also be exhibiting at Solar Power International 2011, with its SolarTie megawatt-class…

MondayOct 17, 2011 12:54 pm

Kirin International Holding, Inc. (KIRI) Launches Two Major Projects in China

Kirin International Holding, Inc., the largest private developer of residential mixed-use properties in Xingtai, China, today announced the launch of two major projects, Kirin Bay and No. 79 Courtyard, both of which recently obtained their Presale Permits from the Xingtai Administration Bureau of Real Estate. The Presale Permits marks a significant step in the company’s efforts to begin and complete the projects as it enables Kirin to contract with buyers. "Once Kirin obtained the Presale Permits for Kirin Bay and No. 79 Courtyard, the Company officially launched the marketing for these two major projects," Kirin CEO Longlin Hu stated in…

MondayOct 17, 2011 12:51 pm

NanoViricides, Inc. (NNVC) Files Year End Report and Discusses Financial Strength

Today, NanoViricides, Inc. reported that it filed its financial year end annual report (Form 10-K) with the Securities and Exchange Commission (SEC). Nano Viricides estimates that its year-end cash in hand should be sufficient for an additional eighteen months or more of operational expenses. The company also believes that its finances are sufficient enough to advance its drug pipeline further into the FDA approval process. NanoVircides had cash, cash equivalents and prepaid expenses balances totaling approximately $9.556 million at the end of June 2011. As of one year ago, the company reported a total balance of $7.456 million. This year,…

MondayOct 17, 2011 11:09 am

Sunshine Biopharma, Inc. (SBFM) Moving Quickly on New Anti-Cancer Drug

When Sunshine Biopharma, a development stage pharmaceutical company focused on cancer treatments, recently announced successful test results for its lead compound, Adva-27a, it represented one of several important milestones being met on the drug’s anticipated fast-track path to approval as a vital weapon in fighting particular forms of aggressive cancers. The latest study measured the ability of Adva-27a to inhibit the activity of Topoisomerase II (Top2) cancer growth enzyme, and results showed that the new drug is an excellent inhibitor, requiring a concentration of only 13.7 micromolar Adva-27a to inhibit 50% of the enzyme’s activity. Topoisomerase II is overproduced in…

MondayOct 17, 2011 9:47 am

GTX Inc. (GTXI) Video Chart for Monday, October 17, 2011

GTXI made a strong move on Friday, breaking through a resistance level and the 200 day moving average on increased volume. The next resistance is at $4.25 and technical traders will be watching for the old resistance at $3.75 to now serve as support. To view the video chart, visit the following link: http://www.qualitystocks.net/videocharts Let us hear your thoughts below:

MondayOct 17, 2011 8:08 am

Newport Digital Technologies, Inc. (NPDT) Announces Restructuring Plan

Today before the opening bell, Newport Digital Technologies, Inc. announced a comprehensive restructuring plan that includes seeking shareholder approval to increase its authorized shares in order to raise the capital necessary for the full execution of the Company's business plan. Newport Digital will be holding a shareholders meeting on December 5, 2011, to request approval. Shareholders will be able to vote via the Internet for their convenience. The Company intends to complete a private placement and a reverse stock split to create a more suitable capital structure if shareholders approve an increase in authorized shares. NPDT CEO Don Danks said,…

FridayOct 14, 2011 5:09 pm

ProGaming Platforms Corp. (PPTF) is “One to Watch”

ProGaming Platforms Corp. is the developer of an advanced multiplayer online gaming and reward-processing platform. The company's platform can be licensed by any online gaming provider, and can sit on any third-party server. The ProGaming platform can also be implemented to operate virtually any skill game now on the Internet and is easily configurable to work with existing commercial billing systems. The company's platform automatically and accurately determines game winners from an unlimited pool of players, paying out monetary rewards to the champions. The platform also tracks the scores and reports the results of each game, retaining the history of…

FridayOct 14, 2011 4:40 pm

BAZI International, Inc. (BAZI) Reports Growing List of New Distribution Outlets

BAZI International, Inc., a Denver based provider of health energy shots designed to help enhance physical health and overall performance, today announced that attendance at three recent trade shows has led to the commitment from more than 1,000 convenient retailer stores to sell their BAZI All Natural Energy Shots. Most significant is the announcement that Circle K Arizona will launch the energy shots in 450 of its convenience stores this month. The response also includes confirmed commitments from two Whole Foods Divisions and several independent natural food retailers. Furthermore, BAZI secured interest from overseas including the United Kingdom with commitments…

FridayOct 14, 2011 1:43 pm

Kirin International Holding, Inc. (KIRI) Secures Presale Permit to Launch Marketing Campaign, Expects to Boost Project Sales

Kirin International Holding, Inc., the largest private developer of residential mixed-use properties in Xingtai, North China, today announced it has officially obtained the Presale Permit from the Xingtai Administration Bureau of Real Estate for its No. 79 Courtyard community, enabling the company to generate approximately $36 million in contact sales in the fourth quarter of 2011, in addition to 50 percent to 60 percent of cash deposits. The company also said it expects that No. 79 Courtyard, Kirin Bay and Kirin County together will bring about an aggregate of $87 million in contract sales in the fourth quarter of this…

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