Blog - Page 3531 of 5554

FridayOct 22, 2010 2:08 pm

Transgenomic, Inc. (TBIO.OB) Appoints Renowned Dr. Eric Johnson to Medical Director for Lab Services Position

Transgenomic, www.transgenomic.com – a biotech company focused on high-sensitivity genetic variation and mutation analysis for a variety of detection applications, reported today creation of a Medical Director for Laboratory Services position and the subsequent retention of 20-year genetics industry veteran, Eric Johnson, Ph.D., to fill it. Dr. Johnson will apply his vast experience in research and diagnostics to guiding TBIO’s strategic vision and his duties as overseer of day-to-day activities at the Company’s Molecular Diagnostics Services (MDS) lab. An excellent choice by TBIO, which makes products like: • WAVE® Systems with disposables, genetic variation detection and single or double strand…

FridayOct 22, 2010 1:50 pm

Sun River Energy (SNRV.OB) to Acquire Majority Stake in Katy Resources Oil & Gas Property

Sun River Energy Inc., a Dallas-based, development-stage oil and gas exploration and production company, today announced it has signed a definitive agreement with Katy Resources ETX LLC, in which Sun River will acquire a majority of Katy's operated oil and gas properties for $5.0 million in cash and $3.5 million in shares of the company's common stock, subject to adjustment. Sun River's wholly owned subsidiary, Sun River Operating Inc., will assume operations on all acquired properties. Per the agreement, Sun River will acquire leasehold assets, including three producing gas units and four lease prospects on 1,361 net acres; in addition,…

FridayOct 22, 2010 1:32 pm

Daulton Capital Corp. (DUCP.OB) CEO Interview Available for Playback

Earlier this week, Daulton Capital Corp. president and CEO Terry Fields was featured by CEO Central Radio in an exclusive interview. For nearly twenty minutes, Mr. Fields discussed the company in-depth, providing a brief history of the company, his personal background and experience, discussion of Daulton Capital's portfolio and surrounding activity, catalysts and milestones anticipates for the next year, and more. When asked what he would say to potential investors considering investing in the company, Mr. Fields replied, "We're an undervalued company at 25 cents... I've never had the opportunity in 25 years to be in a position this fast…

FridayOct 22, 2010 10:17 am

Horizon Lines, Inc. (HRZ) Reports Q3 2010 Financial Results

Horizon Lines, Inc. reported a slight year over decline in net income for the third quarter of 2010, as the weak economic recovery continued to impact results for the company. Horizon Lines, Inc. reported net income of $7.7 million, or $0.25 per diluted share, in the third quarter of 2010, which ended September 30, 2010. The company earned $8.4 million, or $0.27 per diluted share, in the corresponding quarter of 2009. Sales for the third quarter of 2010 for Horizon Lines, Inc. came in at $311 million, a marginal increase over the $308 million reported in the same quarter of…

FridayOct 22, 2010 10:15 am

Stoneridge, Inc. (SRI) Reports Third Quarter Results

Stoneridge, Inc. reported a profit in the third quarter of 2010, along with a large year over year increase in revenues. The company attributed the large increase to higher demand for automobiles in the quarter. Stoneridge, Inc. reported revenues of $160.4 million in the third quarter of 2010, which ended 9/30/2010. The company had revenues of $118 million in the third quarter of 2009. Management said that the company benefited from the strong growth in sales of automobiles and trucks industry wide. Stoneridge, Inc. said that net income was $0.7 million, or $0.03 per diluted share, in the third quarter…

FridayOct 22, 2010 10:14 am

Energtek, Inc. (EGTK.PK) is “One to Watch”

Energtek, Inc. is a global leader in the development and commercialization of Adsorbed Natural Gas (ANG) technology. Adsorbed Natural Gas (ANG) technology presents a promising alternative to standard high-pressure CNG (Compressed Natural Gas) and LNG (Liquified Natural Gas) transportation technologies. Energtek, Inc. trades on the Pink Sheets and they have their headquarters in New York, New York. The Company provides proprietary solutions to meet the technical and economical challenges of NG delivery to vehicles around the world. Their main focus is on the 2-3 wheel vehicle market in Asia. Energtek, Inc. also supplies NG to industrial and commercial consumers, using…

FridayOct 22, 2010 10:06 am

inMEDIA Corp. (IMDC) Signs Letter of Intent with Mount Knowledge Holdings

Yesterday, inMEDIA Corporation and Mount Knowledge Holdings, Inc., executed a non-binding Letter of Intent for the development of various co-marketing and/or product bundling opportunities in Asia. An integrator of Internet Protocol Television (IPTV) services and content for major platform and service providers, such as cable, satellite, and Internet providers, inMedia offers a combination of products and services to support IPTV companies. Mount Knowledge Holdings is an educational software development, sales, and training company, offering real-time self-learning products for corporations and individual consumers worldwide. According to the press release, the agreement calls for a variety of marketing, sales, and distribution arrangements…

FridayOct 22, 2010 9:41 am

Uranium Energy Corp. (UEC) to Raise $27.5 Million via Private Placement

Uranium Energy Corp. announced this morning that it has entered into definitive agreements to sell units of the company through a private placement, with each unit consisting of one common share of the company's common stock and one-half of one common stock share purchase warrant, for aggregate gross proceeds of up to approximately $27,528,467.20. The closing of this offering is subject to customary closing conditions. As detailed in the agreements, Uranium Energy is expected to sell up to an aggregate of 8,096,608 Units, at a price of $3.40 per Unit, so that the purchasers will receive an aggregate of up…

FridayOct 22, 2010 8:46 am

Beacon Equity Research Featured Company: AISystems, Inc. (ASYI.OB)

AISystems is a revolutionary technology company whose advanced, real-time, integrated-environment solution, jetEngine™, offers a truly comprehensive platform for strategic management of an airline’s tasks. The entire commercial airline industry can benefit from this full-spectrum software tool, which ASYI backs up via a small army of world class developers and mathematicians who continually refine the scalable, modular infrastructure. Integrated Airline Planning, Revenue Management, and Operations are provided via a Business Planning Suite (BPS) and an Integrated Operations Suite (IOS); • BPS Core Business Services: Revolutionary full-spectrum analytical modeling • BPS Key Business Drivers: Financial impact of variables/constraints in operations • BPS…

FridayOct 22, 2010 8:13 am

WorldVest, Inc. (WOVT.OB) Announces the Completion of Name Change to Iron Mining Group, Inc.

Today, WorldVest announced the official name change of the company to the Iron Mining Group, Inc. The company amended its corporate name as of October 15, 2010 with the State of Florida. Iron Mining Group, Inc. plans to apply to FINRA for a new trading symbol to reflect this change with the current symbol still being in effect. Shareholders of WorldVest, Inc. will receive one share of Iron Mining Group, Inc. for each current share held. Management feels the name change will reflect the mission of the company and increase credibility. Coupled with this name change is news that Iron…

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