Blog - Page 3419 of 5493

FridayDec 17, 2010 10:19 am

Earthstone Energy, Inc. (BSIC) Updates Oil and Gas Activity in North Dakota

Earthstone Energy, Inc. issued an operational update on its oil and gas activities in North Dakota, where the company is active in developing the Bakken formation on its properties. Earthstone Energy, Inc. reported that the Fossum 15-35H well has been drilled, completed and put onto production. This well cost $6.4 million and was drilled to a depth of 20,670 feet into the Bakken formation. The Foxxum 15-35H well is located in the Indian Hill Field in McKenzie County, North Dakota. SM Energy, Inc. (SM) is the operator of the well and has not released production statistics yet. Earthstone Energy, Inc.…

FridayDec 17, 2010 10:00 am

Corporate Resource Services, Inc. (CRRS.OB) Makes Major Acquisition

Working through their four wholly-owned subsidiaries, Corporate Resources Services (CRS) has evolved into a national provider of diversified staffing, recruiting and consulting services with their focus on light industrial services, the insurance industry and clerical and administrative support. Today, CRS took a major step towards prominence with the announcement they have acquired the assets of Integrated Consulting Group of New York, which also conducts business as Impact Staffing (ICGNY). CRS acquired the assets of ICGNY through a newly formed, wholly owned subsidiary. The effective date for the acquisition was December 14 of this year and will allow CRS entry into…

FridayDec 17, 2010 9:20 am

Cono Italiano, Inc. (CNOZ.OB) to Debut “Pizza Cono” at TD Bank Baseball Stadium

Cono Italiano, Inc. will debut "Pizza Cono" at the TD Bank Baseball Stadium, located in Somerset, New Jersey. Cono Italiano is the exclusive license holder for the North American Distribution and Manufacturing rights for "Pizza Cono." This product is a one-of-a-kind, drip-free, cone-shaped pizza made from proprietary dough. Centerplate Inc., under terms of the agreement with Cono Italiano, Inc., will sell the Pizza Cones at concession stands in TD Bank Ball Park, formerly known as Commerce Bank Stadium. Centerplate Inc. is a leading provider of catering and concessions in the U.S. and Canada for stadiums and convention centers. A variety…

FridayDec 17, 2010 9:18 am

Worldwide Energy & Manufacturing USA Inc. (WEMU.OB) Anticipates Higher Demand for PV Modules

Yesterday, rapidly growing photovoltaic module supplier, Worldwide Energy & Manufacturing USA, Inc., announced that the continued shift towards solar energy alternatives has the company anticipating higher demand for its PV modules. iSuppli Corporation, a provider of market intelligence services, estimates that global PV installations will grow at a CAGR of 63.7% from 2009 to reach 19.3 GW by 2011. Additionally, Pike Research, a market research and consulting firm that provides in-depth analysis of global clean technology markets, noted several key factors that could cause a "remarkable increase" in solar demand over the next three years, including: largely untapped U.S. solar…

FridayDec 17, 2010 9:10 am

30-year Fixed Mortgage Rates Continue Hike North after 7 Months of Decline

After falling for seven months, Freddie Mac yesterday said the average rate on a 30-year fixed mortgage increased to 4.83 percent, up from 4.61 reported last week. While rates hit a 40-year low of 4.17 percent last month, yesterday's figures reflect five straight weeks of increasing fixed mortgage rates. The average rate on the 15-year loan also grew to 4.17 percent, up significantly from 3.96 percent. The 15-year rate hit its lowest level in November on records dating back to 1991. The average rate on a five-year adjustable mortgage increased to 3.77 percent from 3.60 percent; the five-year hit its…

ThursdayDec 16, 2010 1:38 pm

Neuralstem, Inc. (CUR) Tackles Depression with FDA Approval

Neuralstem, Inc., developer of patented technology with the ability to produce neural stem cells of the human brain and spinal cord, yesterday announced that the U.S. Food and Drug Administration (FDA) has given its approval for an Investigational New Drug (IND) application to initiate a phase Ia safety trial to test NSI-189, Neuralstem’s first small molecule compound for major depression. Discovered by Neuralstem, NSI-189 is the first in a family of compounds that Neuralstem said it plans to develop into orally administered drugs. The compound stimulates neuron growth in an area of the brain believed to be associated with depression…

ThursdayDec 16, 2010 1:34 pm

Manhattan Pharmaceuticals (MHAN.OB) Announces Positive Results of Essential Tremors Treatment

Manhattan Pharmaceuticals Inc., a specialty healthcare product company focused on the development of innovative treatments, today posted its results from a phase I/II study of AST-915 to treat essential tremors, a movement disorder that causes involuntary shaking of the hands, arms, head, voice and upper body. The company reported that data from the single does study showed AST-915 as safe and well-tolerated with an obvious effect on the tremors. While there was no statistically significant effect on tremor power after 80 minutes of administration of the treatment, statistically significant reductions were evident at later time, up to 300 minutes after…

ThursdayDec 16, 2010 1:11 pm

Uranium Energy Corp. (UEC) Announces Addition to S&P/TSX Global Mining Index

Earlier today, Uranium Energy Corp. announced that the company is being added to the S&P/TSX Global Mining Index effective at the market open on December 20, 2010. Designed to provide an investable representative index of the world's leading publicly-traded mining companies, the S&P/TSX Global Mining Index provides investors with both diverse geographic exposure to mining companies and broad-based exposure to metals and minerals. Amir Adnani, President and CEO of Uranium Energy, commented, "Addition to the S&P/TSX Global Mining Index is a very important achievement for Uranium Energy, one that follows our addition to the Russell 2000/3000 Indexes during the past…

ThursdayDec 16, 2010 11:34 am

Pacific Capital Bancorp (PCBC) Video Chart for Thursday, December 16, 2010

PCBC is attempting to come off the bottom and has itself in a neutral position that is leaning towards turning bullish at this point. A financial play, it carries a bit more risk, but will be on radar for upward movement to break through resistance. To view the video chart, visit the following link: http://www.qualitystocks.net/videocharts.php Let us hear your thoughts below:

ThursdayDec 16, 2010 11:23 am

Total Nutraceutical Solutions, Inc. (TNUS.OB) to Formulate and Launch Mushroom-Based Dietary Supplement

Total Nutraceutical Solutions, Inc. announced yesterday that they will formulate and launch CardioSANO™, a mushroom-based dietary supplement to nutritionally support heart health. The potential nutritional support of CardioSANO™, which contains natural ergothioneine, is based on a recently published scientific study by Dr. Keith R. Martin entitled: "The Bioactive Agent Ergothioneine, a Key Component of Dietary Mushrooms Inhibits Monocyte Binding to Endothelial Cells Characteristic of Early Cardiovascular Disease. J. of Medicinal Food, 13 (6) 2010, 1340-1346." Keith R. Martin, Ph.D, MTox, is Assistant Professor, College of Nursing and Health Innovation, Arizona State University, Mesa, Arizona. Ergothioneine (ERGO) is a potent natural…

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