Blog - Page 3220 of 5575

WednesdayOct 26, 2011 11:02 am

Cereplast, Inc. (CERP) Completes Purchase of Manufacturing Plant in Italy

Cereplast, Inc. designs and manufactures proprietary bio-based, sustainable plastics which are used as substitutes for traditional plastics at a price that is competitive. The company offers products which meet a variety of customer needs. The company said today that it has completed the purchase of a manufacturing plant in Assisi, Italy that will serve as the hub for its European bioplastics production. The new plant enables Cereplast to further expand its capabilities to produce and deliver bioplastic products to the European marketplace. The management of Cereplant estimates the total cost of the purchase and refurbishment of the facility to be…

WednesdayOct 26, 2011 10:04 am

International Fuel Technology, Inc. (IFUE) Diesel Fuel Additives Expected to Explode to a $5 Million-year-Year Run Rate

Located in St. Louis, Missouri, International Fuel Technology (“IFT”) is a technology company with a growing patent portfolio that sells fuel performance enhancement additives to industrial consumers across the globe. Today, IFT announced they are achieving early commercial successes in the European rail industry and expects to announce sizable orders from a number of key operators. IFT is starting to become a prominent figure in their sector and expects their breakthrough diesel additives sales to explode 25-fold to a $5 million-a-year run rate in 2012. Leading the way at IFT is Jonathan Burst whom serves as the company’s CEO. In…

WednesdayOct 26, 2011 9:00 am

Ur-Energy Inc. (URG) and NuCore Energy LLC Sign Agreement

On Tuesday, Ur-Energy Inc. announced that it has entered into a strategic marketing arrangement with NuCore Energy, LLC. According to the agreement, NuCore will provide uranium marketing advisory and professional services to Ur-Energy. NuCore will also exclusively negotiate uranium sales agreements for the production derived from the company's Lost Creek uranium ISR project. Founded in early 2009 by James Cornell, NuCore is a North American company that focuses on advising businesses across the commercial nuclear fuels market and services sector. Mr. Cornell, NuCore’s President and CEO, has over 24 years of experience in the nuclear industry and nuclear fuels marketing.…

TuesdayOct 25, 2011 5:07 pm

Accuray Inc. (ARAY) Granted 510(K) Clearance for Marketing New Feature of TomoTherapy System

Accuray Inc., the premier radiation oncology company that develops, manufactures and sells personalized innovative treatment solutions, today announced that the U.S. Food and Drug Administration has granted the company 510(k) clearance for the marketing of the Dose Control System (DCS) for their TomoTherapy System in the United States. Accuray stated that the DCS feature allows for even higher precision in the dose stability throughout rotational treatments of image-guided radiation therapy in the TomoTherapy System by automatically adjusting controls to limit interruptions and ensuring steadiness over longer duration treatments. Customers can expect higher satisfaction, better patient experience and improved overall performance…

TuesdayOct 25, 2011 3:53 pm

MMRGlobal, Inc. (MMRF) and REACH Air Medical Partnership Aids Air Evacuation

MMRGlobal, Inc. announced a new partnership with REACH Air Medical Services that will offer MMR's MyMedicalRecords personal health records to REACH's client base. They will be supplementary to memberships offered by REACH, covering non-reimbursed charges for emergency air medical transport services. MMRGlobal is a provider of online PHRs, or personal health records, as well as electronic safe deposit box technology. MMR allows for access to essential documents, such as medical records, insurance paperwork and identification documents from any web-enabled device. MMR also offers an MMRPro service, allowing for physicians to digitize outdated paper-based record keeping systems. REACH Air Medical Services…

TuesdayOct 25, 2011 2:14 pm

Beacon Equity Research: Healtways Shares Plunge on Outlook (HWAY)

Shares of Healthways Inc. (NASDAQ: HWAY), a provider of solutions to help people to maintain or improve their health, are sinking in today’s trading after the company slashed the upper end of 2011 earnings forecast. The company also said that it expects a significant drop in revenue from its contract with Cigna Corp. (NYSE: CI). At last check, Healthways shares were trading 42.16% lower at $6.46, with volume up from daily average of 206,726 to 2.26 million. Healthways said that it expects a reduction in revenue from Cigna, its largest customer, in 2012 due to the winding down of the…

TuesdayOct 25, 2011 2:08 pm

Beacon Equity Research: Peter Schiff Takes-on FX’s John Taylor

Everyone’s favorite Wall Street irritant is out with his latest call for the gold and silver price—as well as calls for every other anti-dollar trade, for that matter. Euro Pacific Capital’s Peter Schiff recommends loading up on your favorite precious metal because the launch in stocks, oil, and even, the euro!, is about to begin. “You’ve got the euro now at about 1.39, and I think you’ve got a head and shoulders bottom in the euro,” Schiff told King World News yesterday. “Our short-term target for the euro, maybe, by year end, will be up near 1.48.” The implications, suggested…

TuesdayOct 25, 2011 1:56 pm

Sky Petroleum, Inc. (SKPI) Shows Serious Oil and Gas Potential in Albania with Recent Report by Schlumberger Consulting Firm Pathfinder

Sky Petroleum, with a focus on E&P in the Republic of Albania and a bench of proven oil and gas professionals at the helm, has exploited a strategy that leverages infrastructural localization and maximized up-time between appraisal/development to carve out a substantial foothold in the region. The Company offered an operational status report, detailing technical data analysis of previously engaged Schlumberger consulting firm, Pathfinder, which has subsequently produced recommendations on three of the ten prospects. According to the determinations of the Pathfinder team, there is potential for more up-dip drilling at oil shows in Palokastra and discrete testing of fractured…

TuesdayOct 25, 2011 1:44 pm

Strategic American Oil Corp. (SGCA) Continues to Grow Production at Galveston Bay

In February, 2011, Strategic American Oil completed what CEO Jeremy Drive termed “a seminal event” for the company, the acquisition of Galveston Bay Energy, a Texas based owner and operator of oil and natural gas properties in Galveston Bay, southeast of Houston. The $9.9 million acquisition, funded with proceeds from a private placement, was immediately accretive to cash flow, production, and reserves, important to the company’s goal of growing production and cash flow through low risk development and workover projects. An independent engineering report from last year estimated net proved reserves of 3.6 million barrels of oil equivalent, together with…

TuesdayOct 25, 2011 1:19 pm

MicroVision (MVIS) Posts Q2 Results, Highlights

MicroVision Inc., a leading provider of innovative ultra-miniature projection display technology, today announced its operating and financial results for the second quarter of 2011. For the three months ended June 30, 2011, MicroVision reported revenue of $1.2 million compared to $2.1 million reported for the second quarter of 2010. As of June 30, 2011, the company’s backlog was $1.7 million. The company reported an operating loss of $9.3 million, or $(0.09) per share, for the second quarter of 2011 compared to a loss of $11.1 million, or $(0.12) per share, for the comparable quarter last year. As of June 30,…

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