Blog - Page 3576 of 5741

MondayMar 28, 2011 9:28 am

Cord Blood America, Inc. (CBAI) and BlueCross BlueShield of Tennessee Enter Agreement

Known primarily as the parent company of CorCell, which facilitates umbilical cord blood stem cell preservation for expectants and their children, Cord Blood America has quickly developed a stellar reputation within their industry. Today Cord Blood took a major step towards further prominence with the announcement they have entered into a major agreement with BlueCross BlueShield (BCBS) of Tennessee. Cord Blood will now offer storage of umbilical cord blood at a discount rate as consistent with its other BCBS licensee contracts. While Blue Cross has a total enrollment of 3 million, more than half of these members are located in…

SaturdayMar 26, 2011 7:48 am

National Automation Services, Inc. (NASV) Reaches Agreement with Trafalgar Capital

National Automation Services, Inc. announced that together with Intecon, Inc., Intuitive Systems Solutions, Inc. it has settled all pending litigation and mutually agreed to end and drop all claims between them and Trafalgar Capital Specialized Investment Fund, Luxembourg, Trafalgar Capital Sarl, Trafalgar Capital Advisors (collectively, "Trafalgar Capital") regarding all debt, equity and financing agreements and any and all existing liens, covenants, conditions and encumbrances between National Automation Services, Inc. and Trafalgar Capital. NAS will remove all Trafalgar debt from its books, with all liens on its assets released, in exchange for a payment of $300,000 dollars in cash, a promissory…

FridayMar 25, 2011 4:12 pm

Biostar Pharmaceuticals (BSPM) Posts Solid Q4, FY Earnings

Biostar Pharmaceuticals Inc., a Xianyang-based manufacturer of a leading PRC over-the-counter Hepatitis B medicine, Xin Aoxing Oleanolic Acid Capsules, and a variety of pharmaceutical products, today announced financial results for the fourth quarter and full year ended December 31, 2010. The company reported a 65.7 percent increase in revenue for the fourth quarter of compared to $17.1 million for the fourth quarter of 2009. Sales of Xin Aoxing Capsules, Biostar's flagship product, represented roughly two-thirds of the company’s fourth-quarter revenues, which increased 56.5 percent to $18.6 million, with a gross margin of 87.0 percent. "We are very pleased to report…

FridayMar 25, 2011 4:11 pm

NF Energy Saving Corp. (NFEC) Posts Solid Q4, FY Performance

NF Energy Saving Corp., a leading energy saving services and solutions provider for China's power, petrochemical, coal, metallurgy, construction and municipal infrastructure development industries, today reported financial results for its fourth quarter and fiscal year ended December 31, 2010. The company also reiterated its guidance for full fiscal year 2011. "Looking at NF Energy's performance for the year as a whole we are satisfied with the company's operations and the results that we have achieved," Gang Li, CEO of NF Energy stated in the press release. “Although the company's total revenue and profitability for the second half of the year…

FridayMar 25, 2011 1:32 pm

Lithium Exploration Group, Inc. (LEXG) is “One To Watch”

It’s no surprise that lithium has been called the new oil. The silvery metal is in high demand for use in technologies associated with the green movement and mobile electronics. It’s used to power the growing variety of handheld electronics as well as electric and hybrid vehicles, and also fills the energy storage gap in the solar and wind electricity generation model. This growing demand is on top of lithium’s continued use in the production of glass and ceramics, and in many other traditional applications. Lithium batteries now make up nearly a quarter of the multi-billion dollar global lithium market.…

FridayMar 25, 2011 12:58 pm

dELia*s Inc. (DLIA) Welcomes Two Shareholder Representatives to its Board of Directors

Teenage savvy clothing line, dELiA*s, Inc., announced today their Board of Directors is growing from five members to seven. Shareholder representatives Michael Zimmerman, the founder and CEO of Prentice Capital Management, LP, and Mario Ciampi, the managing partner of Prentice Capital Management, LP, will join the Board effective March 25, 2011. Mr. Zimmerman will also serve as a member of the Corporate Governance and Nominating Committee and Mr. Ciampi will be a member of the Compensation Committee. With a B.A. from Harvard University, Mr. Zimmerman, 40, founded Prentice Capital Management, LP, a New York-based private investment firm, in May 2005.…

FridayMar 25, 2011 12:53 pm

Walgreen Co. (WAG) Moves to Acquire Major Online Parallel Drugstore.com

Walgreens, www.walgreens.com – the company whose name has become synonymous with the word drugstore and did some $67B in sales last year via its vast network of locations, announced a definitive merger agreement with Drugstore.com, Inc. (DSCM) today, whereby WAG will acquire DSCM for some $409M. President and CEO of WAG, Greg Wasson, called the drugstore.com acquisition a major victory in the campaign to create America’s number one network of friendly community-centric health and daily living needs stores, adding some 60k products and 3M loyal online customers to an already bountiful online offering. Wasson underscored the importance of the Company’s…

FridayMar 25, 2011 12:13 pm

Citigroup, Inc. (C) Video Chart for Friday, March 25, 2011

C is holding the 200 day moving average and trying to establish a support level. Indicators are mostly positive and showing hints of a possible reversal; however, resistance is strong ahead if an upturn occurs. To view the video chart, visit the following link: http://www.qualitystocks.net/videocharts.php Let us hear your thoughts below:

FridayMar 25, 2011 11:04 am

ZAGG (ZAGG) Files 2010 10-K Ahead of Schedule, Offers Solid 2011 Outlook

ZAGG, a leading developer in providing mobile consumer products and device accessories, today reported the filing of its Form 10-K for 2010; it will file its Proxy Statement by April 30, 2011. ZAGG also offered 2011 guidance, forecasting higher revenue figures based on several key variables. The company reported fourth-quarter 2010 revenue at $29.3 million, a 157 percent increase over the fourth quarter of 2009, and a sequential increase of 27 percent over the third quarter of 2010. Full-year revenue was $76.1 million, up 98 percent from the $38.4 million reported for full year 2009. Gross profit for the quarter…

FridayMar 25, 2011 9:31 am

Hydrogenics Corp. (HYGS) Wins Contract to Provide Hydrogen Power Fuel Cell for Hybrid Ferry

Hydrogenics Corp. is a leading global developer and manufacturer of hydrogen generation and fuel cell products. The company has over 60 years of experience designing, manufacturing, building and installing industrial and commercial hydrogen systems worldwide. The company announced today that it has received a contract from Statue Cruises LLC for the delivery of two HyPM HD 16 fuel cell power modules delivering up to 33 kilowatts of continuous power for one of its ships. The 600-passenger hybrid ferry will be propelled by hydrogen fuel cells in a compund hybrid arrangement along with wind turbines, solar panels and a tier 2…

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