Blog - Page 3182 of 5578

TuesdayDec 27, 2011 10:03 am

Cord Blood America, Inc. (CBAI) Signs Exclusive Agreement with National Children’s Leukemia Foundation to Store Stem Cells

Today before the opening bell, Cord Blood America, Inc. announced the execution of an exclusive agreement to store stem cells at its Las Vegas laboratory for the National Children's Leukemia Foundation (NCLF), New York. "The National Children's Leukemia Foundation has a track record of success in individual counseling and medical referrals for thousands of patients, providing them financial assistance for housing, food and transportation, supporting scientists working on cutting-edge research, and arranging flights, medical care and hospitality for international patients in need of medical care in the U.S," stated Matthew Schissler, Cord Blood America CEO and co-founder. "We are pleased…

TuesdayDec 27, 2011 9:20 am

North Springs Resources Corp. (NSRS) Completes Initial Field Work/Sampling on North Springs Gold Project

On Friday, North Springs Resources Corp. announced that they completed initial field work and sampling on the North Springs Gold Project located in the prestigious Mineral Ridge Mining District in Esmeralda County, Nevada. The Company has also secured a $1 million Draw-Down Line of Credit Note to fund exploration, growth, and on-going operations. A team of independent geologists, in early October 2011, took 42 rock-chip samples from North Springs' current claims and surrounding areas. The results from this sampling program identified significant gold mineralization up to 0.23 ounces per ton from surface workings. The Company has this week, based on…

FridayDec 23, 2011 7:56 pm

Quantum Fuel Systems Technologies Worldwide (QTWW) Enters Strategic Relationship With Major Wind Turbine Manufacture To Finance and Develop Wind Farms Globally

Quantum Fuel Systems Technologies Worldwide, Inc, a fully integrated alternative energy company, in conjunction with their wholly-owned subsidiary Schneider Power, Inc, one of Canada's premier renewable energy companies, today announced a new strategic agreement between Schneider's wholly-owned subsidiary Trout Creek Wind Power and a major global wind turbine manufacturer for the financing and developing of wind farms in North America. The details of the deal include the manufacture will provide a maximum of CDN $24 Million dollars for finance of the construction of the generation facility and the Company will utilize the manufacturers wind turbines at the 10 MW Trout…

FridayDec 23, 2011 5:57 pm

China Direct Industries, Inc. (CDII) FY11 Financials Report Shows Solid Growth, Positive Leading Indicators in Fundamentals

Today, China Direct, a veritable clearinghouse for investment capital interests and management logistics based in the US, which serves the small- to mid-sized business sector of the PRC and produces/distributes to both markets (largely industrial products), reported excellent financials for FY11 (period ending Sept. 30). Let’s take a look at a quick breakdown of the salient data points from the report: • Revenue up 66.6% to $187.8M from FY10 • Gross Profits up 171.1% to $19.5M over FY10 data - GP Margins also up 63% (to 10.4%) • Net Income of $9.3M compared to a $3.2M loss in FY10 •…

FridayDec 23, 2011 2:17 pm

Compass Biotechnologies (COBI) Details Blueprint for Managing and Financing 4 New Subsidiaries

Compass Biotechnologies Inc. is a specialty pharmaceutical company focused on building value in the following four key market areas: hepatitis anti-viral drugs and prophylactic vaccines, recombinant protein therapeutics called "biobetters,” a diagnostics, cytokine reagents and growth factor supplements business for the research community and the biotech manufacturing industry, and a new women's healthcare franchise. The company today outlined its plan of action to facilitate this new strategy. Compass management will direct the operations of these subsidiaries by implementing expertise to develop and commercialize the various product groupings. "We have been fortunate over the past 6-9 months to be able to…

FridayDec 23, 2011 2:14 pm

Albany Molecular Research, Inc. (AMRI) To Streamline Operations

Albany Molecular Research, reflecting the ongoing challenges of the global economy, announced today a series of cost saving actions for 2012, including a reduction in the company’s workforce. The moves are designed to improve AMRI’s overall cost competiveness and increase cash flow generation. The workforce reductions are primarily aimed at U.S. operations, and are in line with earlier announced reductions in the company’s internal R&D activities. The goal is to generate a total annual savings of approximately $10-$11 million. Although savings will begin to be recognized in the first quarter of 2012, AMRI expects to incur a pre-tax restructuring charge…

FridayDec 23, 2011 2:11 pm

Granite City Food & Brewery (GCFB) Acquires Assets of Miami-Based Cadillac Ranch Restaurant

Today, Granite City Food & Brewery Ltd. announced that it completed the purchase of assets belonging to the Cadillac Ranch All American Bar & Grill restaurant in Miami, Florida. The Miami restaurant is located in the Palms Town & Country Mall. Granite City previously announced that it purchased the assets of the Cadillac Ranch restaurant at the Mall of America in Bloomington, Minnesota. To date, the aggregate purchase price totals $2.8 million, including the $1.4 million paid in November 2011 for the assets at the Mall of America. The companies have a master asset purchase agreement that allows for the…

FridayDec 23, 2011 2:09 pm

Helix BioPharma Corp. (HBP) files for Clinical Trial Application in Germany and UK for Approval of Phase III Efficacy Trial

Helix BioPharma Corp., a biopharmaceutical company developing drug candidates for the prevention and treatment of cancer, has filed a clinical trial application (CTA) in both Germany and the United Kingdom, with the Bundesinstitut für Arzneimittel und Medizinprodukte (BfArM) and the Medicines and Healthcare Regulatory Authority (MHRA) respectively. The company is seeking approval to perform its planned European phase III efficacy trial of Topical Interferon Alpha-2b in patients with low-grade cervical lesions. Topical Interferon Alpha-2b is the company's most advanced product in development. By incorporating Helix’s proprietary Biphasix™ drug delivery technology, Topical Interferon Alpha-2b is designed to offer a superior method…

FridayDec 23, 2011 11:40 am

Beacon Equity Research Featured Company: Blue Gold Beverages, Inc. (BGBV)

Blue Gold Beverages specializes in the cleaning, processing and recycling of thermoplastic polymers such as Polyethylene Terephthalate and Type 66 Nylon waste. This is in-line with the company's strategy of becoming environmentally responsible by eliminating its carbon footprint, and increasing shareholder value. Additionally, through the acquisition of Epic Nutrition, Blue Gold Beverages is a leading producer of two ounce specialty drinks and energy bars such as NRG Shots and PitBull energy bars. All Epic products are unique in concept, and utilize cutting edge nutraceuticals backed by the most recent scientific research and information. Let us hear your thoughts: Blue Gold…

FridayDec 23, 2011 10:45 am

Harvest Natural Resources, Inc. (HNR) Reports On International Oil And Gas Exploration Activities

Harvest Natural Resources, Inc. issued an operations update on the company’s international oil and gas activities. The company is active in various properties in Asia and the Middle East. Harvest Natural Resources, Inc. started drilling an exploratory well on Qarn Alam Block 64 in Oman. The Al Ghubar North–A well is the second of a two well program designed to test the hydrocarbon potential of this block. The company reported that the well is being drilled by the Rig #113 drilling unit owned by MB Petroleum Services LLC. Harvest Natural Resources, Inc. is testing the potential of the Al Ghubar…

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