Blog - Page 3116 of 5448

WednesdaySep 28, 2011 2:12 pm

BeaconEquity.com: Elite Pharmaceuticals (ELTP) Allergy Product Launch Triggers 30% Gains

Shares of Elite Pharmaceuticals Inc., a specialty pharmaceutical company, soared in yesterday's trading after the company, along with ECR Pharmaceuticals, announced the launch of Lodrane D®, an immediate release formulation of brompheniramine maleate and pseudophedrine HCI. The product will be manufactured by Elite, and promoted and distributed by ECR in the U.S. It will be available over-the-counter. Elite will be entitled to revenues for the manufacturing, packaging and laboratory study services of the product, as well as royalties on sales. With the U.S. allergy market currently estimated at $3.5 billion, the product has huge potential. Jerry Treppel, chairman and CEO…

WednesdaySep 28, 2011 2:08 pm

BeaconEquity.com: Don’t Sell your Gold; Buy the Dips, says Jim Rogers

Commodities king Jim Rogers made the rounds with the media yesterday, speaking to, among others, the The Economic Times of India regarding his latest thoughts on the gold price. Now living in Singapore, the 68-year-old American citizen reckons the gold price may meander lower in coming weeks, but strongly suggests that weaker prices present an opportunity for investors who missed the boat on this roaring bull market to jump aboard to higher prices he sees in the future due to the protracted sovereign debt crisis in the Europe, then, in the United States. “ . . . gold has been…

WednesdaySep 28, 2011 2:06 pm

BeaconEquity.com: Cheap Healthcare Stock Trending Higher

Cytori Therapeutics Inc., a developer, manufacturer and seller of medical products and devices to allow the practice of regenerative medicine, last week announced that it signed into a Celution® System agreement with Apollo Hospitals. Apollo is one of the largest private healthcare groups in Asia. Cytori will provide the technology initially at Apollo’s select cosmetic surgery centers in India. Dr. Prathap C. Reddy, founder and chairman of Apollo Hospitals, said that the alliance with Cytori has the potential to revolutionize the delivery of personalized cell therapy in India. Cytori is looking to build a successful commercial business in India through…

WednesdaySep 28, 2011 10:56 am

ecoTECH Energy Group, Inc. (ECTH) Awarded Major Contract from HosMedEx S.A. of Ecuador

Located in Seattle, Washington, ecoTECH is a development-stage renewable energy company that produces renewable and sustainable “green” energy products. Today, ecoTECH took a major step towards prominence with the announcement they have been awarded a $36 million contract from HosMedEx S.A. (Hospital Medical Express) of Ecuador. HosMedEx is a global company that imports instruments and appliances used in the medical sector. The contract will provide HosMedEx six Gar-Crete systems for use in 6 regions across Ecuador. ecoTECH will receive $6 million USD for each delivered system and a $6 million initial deposit from HosMedEx. ecoTECH’s Gar-Crete system is designed to…

WednesdaySep 28, 2011 10:33 am

All American Gold Corp. (AAGC) Provides Update on Goldfield West Project Drilling Operations

All American Gold Corp. today reported an update on the drilling operations at its Goldfield West Project in Nevada. Drilling, which commenced at the south target of the property, is progressing on schedule with two reverse circulation drill holes, each to an approximate depth of 800 feet, having been completed. According to today’s press release, an additional two holes are in progress and scheduled for completion by the first week of October. The holes at the south target are to further investigate a 2,600 foot long structure that had been identified through previous geophysical surveys. The samples collected from the…

WednesdaySep 28, 2011 10:16 am

Magic Software Enterprises Ltd. (MGIC) Video Chart for Wednesday, September 28, 2011

MGIC is holding a solid support level at $4.00. There is positive divergence going on with the indicators and the pps, which indicates to technical traders that the stock is trying to find a bottom. Support, of course, must hold with resistance getting heavier at $5.00. To view the video chart, visit the following link: http://www.qualitystocks.net/videocharts Let us hear your thoughts below:

WednesdaySep 28, 2011 9:59 am

China Health Resource (CHRI) Reports Record Second Quarter Results

China Health Resource Inc. is a producer and supplier of traditional Chinese medicines. The company's current line of products are based on Dahurian Angelica Root and are used for the treatment of pain and swelling. It is the only such provider with a nationally certified standard (GAP) in China. The company announced robust second quarter earnings for the period ended June 30, 2011. China Health Resource reported over $8 million in revenues and $1.7 million in net income, a 443% increase from the second quarter of 2010. Its net profit margin of 21% was also a large increase from the…

WednesdaySep 28, 2011 9:56 am

Northcore Technologies Inc. (NTLNF) Launches Social Commerce Client

Yesterday, global asset management and social commerce solutions provider Northcore Technologies Inc., made a joint announcement with Discount This Holdings Inc. marking the launch of the Discount This social commerce destination. The initial public release of the Discount This Group Purchase Platform was September 14th, 2011. A select group of members had the opportunity to use the product and gain access to the first wave of exclusive deals prior to the broader roll out. The product focuses on the underserved, high net worth male demographic, a fresh choice for both customers and vendors. Discount This’ incorporation of novel technology and…

WednesdaySep 28, 2011 9:30 am

Onyx Service & Solutions, Inc. (ONYX) Set to Build First Diesel-Reduction Solar Project in Honduras with $84 Million Contract

Onyx Service and Solutions, Inc., a global company committed to designing cutting edge energy technology, products, manufacturing advances and construction projects to successfully compete in a global energy marketplace, announced that after a presentation last Wednesday at the Roatan Municipal Government Chambers it is confident that their first major solar power project will be in Honduras. The 18.5 megawatt solar project will earn Onyx $84 million and will allow it to use 65,000 of its branded 280 watt solar panels. Onyx will use this power plant as the entree for the company into a lucrative market of nations that solely…

TuesdaySep 27, 2011 4:06 pm

Mines Management (MGN) Completes Key Component for Final Phase of Montanore Project

Mines Management Inc., engaged in the business of acquiring, exploring and developing mineral properties containing precious and base metals in Montana, today announced that a Supplemental Draft Environmental Impact Statement (SDEIS) has been completed by the U.S. Forest Service for the Montanore Project. The SDEIS is a significant component of the Mines Management’s long-standing process with the Montanore Project. “Completion of the SDEIS is a major step forward in the final phase of the permitting process,” Glenn M. Dobbs, president and CEO of Mines Management stated in the press release. “It signals a move toward completion of the process we…

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