Blog - Page 3598 of 5740

ThursdayMar 03, 2011 3:13 pm

Energy Connect (ECNG.OB) Signs $32.3 Million All-Cash Offer to be Acquired by Johnson Controls

The holy grail for many smaller companies is to be acquired by a larger organization. If that was the wish of San Jose, California-based EnergyConnect Group, Inc., today was its lucky day. The provider of smart grid demand response services announced this morning that it has signed a definitive merger agreement with Johnson Controls, Inc. (NYSE:JCI), an industry leader in delivering products, services and solutions that increase energy efficiency, for a cash payment of approximately $32.3 million. Per the agreement, Johnson Controls will purchase all of the outstanding shares of ECNG at the price of $0.2253 per share; representing a…

ThursdayMar 03, 2011 12:29 pm

Gentium S.p.A (GENT) Appoints Adrian Haigh as Senior Vice President, Commercial Operations

Gentium S.p.A. is adding a new member to its team. The company announced today that they have appointed Adrian Haigh as its Senior Vice President, Commercial Operations. Haigh will prepare the company and oversee the future commercial launch of Defibrotide, following regulatory approval. Regarding his future responsibilities, Haigh remarked, "I have been impressed by results obtained with Defibrotide to date and the reception the product has already received within the clinical community. More than 200 clinics across 30 countries have purchased Defibrotide through the Company's expanded access program. My priority is to quickly ensure that all patients with (or at…

ThursdayMar 03, 2011 11:53 am

ChromaDex Corp. (CDXC) is “One to Watch”

ChromaDex Corp. was established to become the market leader in the creation and supply of botanical reference standards along with related phytochemical products and services. Due to the need for reference standards and other quality assurance methods to identify active substances, drug/compound interactions, and the presence of toxic or adulterating materials, ChromaDex™ provides the tools necessary to help with the quality and control of the market. Listed on the OTC Bulletin Board, ChromaDex Corporation has their headquarters in Irvine, California. The Company's primary focus is to create industry-accepted information, products, and services to every layer of the functional food, pharmaceutical,…

ThursdayMar 03, 2011 11:34 am

Tandy Leather Factory Inc. (TLF) Achieves 24th Month of YoY Sales Gains

Tandy Leather Factory Inc., a Texas-based specialty retailer and wholesale distributor of a broad product line of leather and leatherworking tools and accessories, today announced a 7 percent increase in February 2011 sales to $5.1 million. Year-to-date sales are up 9 percent to $10.2 million in the current year from $9.3 million last year. "February is our 24th month of consecutive year-over-year same store sales gains in our retail stores and our 24th month of having them in our UK store. In a recovering economy, we continue to do well,” Shannon L. Greene, Tandy Leather CFO, stated in the press…

ThursdayMar 03, 2011 11:04 am

Crown Media Holdings, Inc. (CRWN) Posts Solid Financial and Operational Highlights

Crown Media Holdings Inc., owner and operator of cable television channels, today reported its financial and operating results for the three months and year ended December 31, 2010. “Our solid quarter of results, with strong holiday seasons on Hallmark Channel and Hallmark Movie Channel, and continued development of the Hallmark Channel Home programming block, fueled advertising revenue gains and increased subscriber license fees,” Bill Abbott, president and CEO of Crown Media stated in the press release. “These revenue gains and careful cost management have enabled us to realize our bottom-line financial objectives for both the quarter and the year.” Crown…

ThursdayMar 03, 2011 11:01 am

Transfer Technology International Inc.’s (TTIN.OB) Subsidiary X-Terminate Hits Positive Cash Flow

Transfer Technology International Inc. announced today that X-Terminate Inc. - a wholly-owned subsidiary – hit positive cash flow during its first ever dry-wood termite season in 2010. X-Terminate is a fully state licensed and full service pest control company based in St. Petersburg, Florida. Transfer Technology International acquires and/or funds research, intellectual property and technologies for commercial transfer to business partners. X-Terminate is a pest management company that uses low-impact, eco-friendly pest control methods. It specializes in the use of XT-2000 orange oil to eradicate dry wood termite infestation. This flagship product, an EPA labeled and registered pesticide, allows home…

ThursdayMar 03, 2011 10:59 am

Strategic Mining Corp. (SMNG.OB) Accelerates Gold Operations in Vietnam, Tracked Boart Longyear LF 70 Diamond Core Angular Drill Rig has Arrived

Strategic Mining, www.strategicminingcorp.com – the aggressive gold producer focused on developments in the US, West Africa (Guinea) and especially Vietnam, reported the arrival of the Boart Longyear LF 70 diamond core angular drill rig today in Vietnam. The LF 70 is a huge asset for delivering on the true potential of SMNG accessible resources in Vietnam. The rig, mounted on an a Morooka track system, will prove to be a powerful edge when it comes to developing the targeted Ba Dinh gold property. The Company enjoys a sweetheart deal with the Vietnamese Government via joint venture ties with Ba Dinh…

ThursdayMar 03, 2011 10:51 am

Pozen, Inc. (POZN) Video Chart for Thursday, March 3, 2011

POZN is setting itself up in classic "pincher play" fashion. A bottom support has briefly been established at $5 with the first real resistance coming in around $5.60. Technical traders are on alert for some volume to turn the candles and flatten the ADX. To view the video chart, visit the following link: http://www.qualitystocks.net/videocharts.php Let us hear your thoughts below:

ThursdayMar 03, 2011 10:37 am

Crimson Exploration Inc. (CXPO) Updates Oil and Gas Operations in Texas

Crimson Exploration Inc. reported an update on its oil and gas operations in the United States. The company is active in several onshore basins in Texas, where it is developing various plays including the Bossier, Haynesville Shale and Cook Mountain formations. In Texas, Crimson Exploration Inc. is active at the Fairway Farms Prospect area in San Augustine County. The company reported the completion of a well into the Bossier formation with an initial production rate of 10 million cubic feet of natural gas per day. This was the first well for the company at Fairway Farms. Crimson Exploration Inc. reported…

ThursdayMar 03, 2011 10:36 am

Calypte Biomedical Corp. (CBMC.OB) Successfully Concludes Internal Trials of HIV Test

Located in Portland, Oregon, Calypte Biomedical gained recognition by developing in vitro testing products to improve the diagnosis of Human Immunodeficiency Virus (HIV) infection and other sexually transmitted chronic diseases. Today, Calypte Biomedic took a major step towards prominence with the announcement they have successfully completed internal studies of its new Aware HIV-1/2 oral fluid rapid test for the US and international markets. The trials were conducted in South Africa and in the US and generated data from 577 subjects at various levels of risk for the HIV infection. In the combined results, the Aware HIV-1/2 oral fluid rapid test…

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