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FridayDec 03, 2010 4:30 pm

RadNet, Inc. (RDNT) Completes Handful of Acquisitions to Increase Market Reach

RadNet Inc. is a national leader through its high-quality and cost effective fixed-site outpatient diagnostic imaging services. The company recently announced it has completed the acquisition of five imaging centers in Northern New Jersey, as well as a 50 percent stake in a sixth center, from Progressive Health LCC. Friday's announcement stems from a previous announcement in the third quarter of 2010, in which RadNet announced it signed an agreement to acquire substantially all of the New Jersey businesses of Progressive Health and related entities. RadNet will retain two key executive positions of Progressive Health to serve in management roles…

FridayDec 03, 2010 3:16 pm

American Shared Hospital Services (AMS) is “One to Watch”

Leveraging a 25-year track record, American Shared Hospital Services (ASHS) provides turnkey technology solutions for advanced radiosurgical and radiation therapy services. The company is recognized as the world leader in providing Gamma Knife® radiosurgery equipment, a non-invasive treatment for malignant and benign brain tumors, vascular malformations and trigeminal neuralgia (facial pain). ASHS also leads in the field of proton beam radiation therapy (PBRT), the next great growth opportunity in radiation oncology. The company is currently developing PBRT centers in Dayton, Ohio (Kettering Medical Center), Boston (Tufts Medical Center), Orlando (Orlando Regional Healthcare) and Long Beach, California (Long Beach Memorial Medical…

FridayDec 03, 2010 2:29 pm

Ivanhoe Energy Inc. (IVAN) Updates Drilling Program in China

Ivanhoe Energy Inc. reported that the company has reached total depth on two oil and gas wells being drilled on its properties in China. The wells are being drilled by Sunwing Energy Ltd., a wholly owned subsidiary of the company. Ivanhoe Energy Inc. said that the Zitgong-1 well reached a total depth of approximately 14,000 feet and was targeting the Xu2 formation. The company has cased and cemented this well. Ivanhoe Energy Inc. said that the Yixin-2 well reached a total depth of approximately 13,600 feet and was targeting the Xu3 formation. The company is placing casing into the Yixin-2…

FridayDec 03, 2010 2:25 pm

Cell Therapeutics, Inc. (CTIC) Files Appeal on FDA Decision for Pixantrone

Cell Therapeutics, Inc. (“CTI”) has filed a formal appeal with the Office of New Drugs in the U.S. Food and Drug Administration's Center for Drug Evaluation and Research to contest the decision from earlier this year on CTI’s New Drug Application (“NDA”) for pixantrone as a therapy for relapsed/refractory aggressive non-Hodgkin's lymphoma ("NHL"). CTI had requested accelerated approval of its pixantrone NDA for a patient group as there are no drugs currently approved in this clinical setting. A portion of the Office of Oncology Drug Products’ requested Complete Response Letter stated that CTI's prior clinical trial, PIX301, did not demonstrate…

FridayDec 03, 2010 12:06 pm

Small Cap Voice Featured Company: Oramed Pharmaceuticals Inc. (ORMP.OB)

Oramed is a pioneering pharmaceutical company primarily focused on developing proprietary oral drug delivery technology based on over two decades of research at Hadassah University Hospital’s Diabetes Unit in Jerusalem. The Company’s leading candidate ORMD 0801, an oral insulin capsule, promises to provide revolutionary advancement in the treatment of diabetes, having already demonstrated a very favorable safety profile in testing. With targeted blood glucose results meeting expectations it seems clear that ORMP has its hands on a proprietary gold mine. The global market for type 2 diabetes is quite large and this breakthrough represents a major boost to the standard…

FridayDec 03, 2010 12:01 pm

Small Cap Voice Featured Company: Car Charging Group, Inc. (CCGI.OB)

Car Charging Group, a provider of electric vehicle (EV) charging stations, is rapidly emerging as a vital component of the US Government’s overall strategy to create a clean, sustainable and energy independent America. Exploiting grants and tax incentives in conjunction with a business model which allows businesses/property owners a very easy-to-adopt solution, CCGI is positioning itself to become a major player in the domestic EV market. By providing charging stations to the site owner at no cost, CCGI has created a winning strategy that fuels proliferation of the technology through natural demand incentive. The site owner can share in the…

FridayDec 03, 2010 11:53 am

Encompass Digital Media to Acquire Ascent Media Corp.’s (ASCMA) Content Distribution Business

Encompass Digital Media, a US-based digital media services provider, today announced it will purchase the global content distribution business of Ascent Media Corp. for approximately $113 million in cash and assumption of about $7 million in debt. The acquisition will create a leading global provider of critical outsourced media services to cable channels, broadcasters, media companies and others. The transaction will also greatly expand Encompass' scale and geographic footprint by combining its core operations in Los Angeles and Atlanta with Ascent's broadcast facilities in New York, Minnesota, Burbank, Singapore and London. The company will benefit from a high quality and…

FridayDec 03, 2010 11:42 am

“Bernie” Rice Joins Madison Ave. Media (KHZM.OB) Advisory Board

Madison Ave. Media, Inc., provider of advanced digital media marketing and communication solutions, announced today that James Bernard “Bernie” Rice has joined its Advisory Board. After starting with IBM, where he held increasingly senior level positions in sales and finance, Mr. Rice became Vice President of Business Development for IBM’s Consumer Division. Here he began a distinguished career in the development of breakthrough online research and learning platforms, including the formation of Riverdeep, Inc., an IBM spin-off, helping to make it the fastest growing educational software company in the nation, now serving approximately 45,000 schools in over 20 countries. In…

FridayDec 03, 2010 10:51 am

GigaMedia Ltd. (GIGM) Video Chart for Friday, December 3, 2010

GIGM was poised to move in October but fell through the base and dropped 50 cents to the $1.40 area. A reversal appears to be in the making from these levels and technical traders should be on alert for a possible move through resistance and the 20 day simple moving average. To view the video chart, visit the following link: http://www.qualitystocks.net/videocharts.php Let us hear your thoughts below:

FridayDec 03, 2010 10:40 am

Gainsco, Inc. (GAN) is “One to Watch”

Through its subsidiaries, Gainsco Inc. focuses its efforts on the property and casualty insurance business, with an emphasis on the nonstandard personal automobile market. Writing on classes of risks which are not generally insured by many of the standard companies, the company markets its nonstandard personal auto line of insurance on an admitted basis through independent agency locations in Arizona, Florida, Georgia, Nevada, New Mexico, South Carolina, Texas and one general agency in California. Nonstandard personal auto insurance is usually purchased by drivers who do not meet an insurance company’s “standard” or “preferred” underwriting criteria. These drivers generally pay higher…

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