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TuesdayDec 22, 2009 9:00 am

Clarient, Inc. (CLRT) Closes Purchase of Applied Genomics

Clarient, Inc. reported that it closed on its purchase of Applied Genomics, Inc., a private biotechnology company, in a stock deal worth $17.6 million. Applied Genomics, Inc. is headquartered in Huntsville, Alabama. “Applied Genomics and Clarient represent a strong strategic and technological fit providing for multiple proprietary tests that can be commercialized via the Clarient national footprint," said Ron Andrews, the CEO of Clarient, Inc. Clarient, Inc. acquired all the ownership interests in Applied Genomics, Inc. in exchange for 7.6 million shares of Clarient common stock. Clarient, Inc. will transfer 4.4 million shares immediately, and 3.2 million shares will be…

TuesdayDec 22, 2009 8:36 am

Aquentium Inc. (AQNM.OB) Announces Distribution Opportunity for Sanitation and Water Purification Treatment Equipment

Aquentium Inc. recently announced distribution opportunities for its line of ozone sanitation and water purification treatment equipment for use in Mexico. Aqentium’s ozone sanitation and water treatment equipment is designed to improve the country’s food and water safety standards by preventing contamination of water, produce, seafood, meat and any other food products. Reducing the threat of contamination in the country itself is expected to improve the safety standards internationally as well. The company said that through its non-chemical process, it can purify water and extend the shelf life of food products, while protecting from many contaminants. Ozone is generated from…

TuesdayDec 22, 2009 8:34 am

Soligenix Inc. (SNGX.OB) Launches Clinical Trial for Gastrointestinal Conditions

Soligenix Inc., formerly known as DOR BioPharma Inc., is a late-stage biotechnology company focused on developing products to treat potentially fatal side effects of cancer treatments, as well as for serious gastrointestinal diseases and vaccines for bioterrorism agents. The company yesterday announced it has commenced a phase ½ clinical trial to evaluate the safety and maximal tolerated dose of SGX201 for the prevention of acute radiation enteritis, a condition in which the lining of the bowel becomes swollen and inflamed during or after radiation therapy to the abdomen, pelvis or rectum. The phase 1/2 protocol BDP-ENT-01 is a study of…

MondayDec 21, 2009 4:56 pm

Nova Measuring Instruments Ltd. (NVMI) Books Additional $10 Million; Sets All Time Record

Nova Measuring Instruments Ltd., an Israeli-based developer of advanced measuring instrumentation for the semiconductor industry, today announced receipt of new bookings totaling $10 million. When added to previously announced orders for the quarter, the result is an all time record for quarterly bookings. The orders have come from several customers for stand-alone optical CD, integrated metrology, and software products. Most of the orders are scheduled for delivery in the first quarter of 2010. Nova president and CEO, Gabi Seligsohn, said of the orders, “Our recent market share gains and penetration to new customers, combined with the swift recovery in industry…

MondayDec 21, 2009 3:38 pm

December 21st CEOcast Weekly Newsletter

Companies featured in this edition of the newsletter: CUR, DKAM, ENZ, IWEB, NXOI, OMCM, ONBI, PSID, SIHI Markets finished the year's last full week of trading mixed for the second consecutive week, as the Fed's policy announcement, the deterioration of Greece's credit rating and strong earnings reports from several big tech names combined to lead the major indices in opposite directions. All told, the Dow surrendered 142 points to close at 10328, down 1.4% on the week, reducing its yearly gains to 17.7%. The Nasdaq performed significantly better, posting a 1.0% gain on the week, bringing its YTD gains to…

MondayDec 21, 2009 1:44 pm

Treasury Yield Curve Steepens to Record Level

The Treasury yield curve widened to a record today as investors bet an accelerating recovery in the US economy will fuel inflation and hurt demand for unprecedented sales of government debt. The yield curve is often viewed as a barometer of the health of the US economy. The difference between the yields of the 2-year Treasury note and the 10-year Treasury note yields widened to 281.4 basis points (a basis point is 0.01 percentage point) from 145 basis points at the beginning of the year. The yield on the benchmark 10-year Treasury note itself climbed 10 basis points with the…

MondayDec 21, 2009 1:43 pm

Treaty Energy Closes on Oil and Gas Lease

Treaty Energy Corporation (OTCBB: TECO) is a growth-oriented company in the oil and gas business. The company acquires and develops oil and gas leases which have “proven but undeveloped reserves”. These properties, which are not strategic to larger companies, allow Treaty Energy to develop and produce oil and natural gas with decreased risk, cost and time involved in comparison to traditional exploration companies. The company announced today that it has successfully closed on the acquisition of a 70% working interest on a lease in Morgan County, Tennessee. This acquisition was completed with Green Light Energy LLC, with which Treaty Energy…

MondayDec 21, 2009 1:34 pm

Endeavour Silver Corp. (EXK) Takes Advantage of Efficiencies to Move Silver and Gold Product while the Price is Right

In these times of an uncertain US dollar value, many investors have been investigating base metals, either as a stock or a hard asset. This investigation, however, needs to understand that base metals are a commodity and, although tied to the US dollar as an investment option, are not exclusively tied to it. From a general standpoint, these base metal plays are as closely tied to supply and demand as the value of the US dollar. More product means lower price. If one is to consider a mining, or any commodity stock, how quickly and how much that company can…

MondayDec 21, 2009 1:26 pm

FormCap Corp. (FRMC.PK) Chief Geologist Thomas Markham, a Closer Look

Formcap Corp., a rising star in the world of oil and gas, hired Mr. Thomas Markham as a consulting Senior Geologist in December of 09 largely as what President and CEO of FRMC Graham Douglas called a “critical first step” towards developing the 4,800-acre Weber City Prospect. Mr. Markham earned a Masters in Geology from LSU in 1976 and has since gone on to spearhead multiple projects evaluating and developing oil and gas reserves for commercial use throughout the continental United States. Markham, through his various exploits (including working for sector powerhouses like Arco, Bepco, Tenneco, and Houston Oil and…

MondayDec 21, 2009 11:19 am

StockGuru Featured Company: TaxMasters, Inc. (TAXS.OB)

TaxMasters, Inc. is a company that offers IRS tax relief services and assists taxpayers by helping them resolve tax matters with the Internal Revenue Service. The tax resolution services they offer include tax settlements, IRS audit defense, levy, and lien assistance, and help with regaining compliance with the IRS. TaxMasters, Inc. has their headquarters in Houston, Texas. TaxMasters, Inc. is a publicly traded company that lists on the OTC Bulletin Board. On August 4, 2009, a closing took place in which Crown Partners, Inc. acquired 100 percent ownership of TaxMasters, Inc. through the issuance of common stock and preferred stock…

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