Blog - Page 3866 of 5664

MondayMar 29, 2010 9:08 am

Cellceutix Corp. (CTIX.OB) Making Progress with New Autism Treatment Compound

Cellceutix Corp. today issued a press release to announce that they are seeing progress with their compound KM-391 in the treatment of autism. Autism, which affects millions of people annually and is one of the fastest growing diseases in the world, does not have any treatments that address the root causes at this point. Cellceutix is the first company moving forward with progress to address this disease at its core. To quote the Cellceutix website: “Preliminary testing of KM-391 in mice revealed that the test animals showed a significant increase in serotonin uptake compared to controls, with no apparent side-effects…

MondayMar 29, 2010 8:59 am

Source Atlantique Names Vitamin Spice (VTMS.OB) to its Specialty Food Products Line

After scouring the industry for the best products in the foodceutical market, Source Atlantique has chosen industry pioneers VitaminSpice to join its exclusive array of Specialty Food Products. Source Atlantique, of Englewood Cliffs, NJ, is one of the most trusted name in specialty foods importing, marketing and distribution. "We specialize in discovering the best products in every culinary category, then cultivating their strengths, and nurturing each throughout the marketplace. Our roster of artisanal brands has been carefully selected for superior quality and limitless potential – for the kitchen as well as the market and we expect an excellent response for…

MondayMar 29, 2010 8:42 am

eDoorways Corp. (EDWY.PK) Makes Preparations for Major Shareholder Update & Progress Reporting

eDoorways Corp. today announced that it is preparing to address shareholders formally through written statement along with the year's first shareholder conference call. Mr. Gary Kimmons, Chairman & CEO of the eDoorways Corporation, stated, "There has been much fanfare around the company's overall state of affairs. Some concerns are legitimate and responsible inquiries posed by genuinely interested shareholders. Other matters are simply libelous conjectures circulated by iniquitous persons whom are not likely to be eDoorways' shareholders, and will no longer be tolerated. In either case, our shareholders deserve clarity, and we are preparing to deliver it once and for all."…

FridayMar 26, 2010 4:01 pm

Perry Ellis International, Inc. (PERY) Reports Strong Rebound in Fourth Quarter of Fiscal 2010

Perry Ellis International, Inc. reported net income of $8.4 million, or $0.64 per diluted share, in the fourth fiscal quarter ending 1/31/2010. The company reported a loss of $21.6 million, or $1.58 per diluted share, in the same fiscal quarter of last year. Perry Ellis International, Inc. also gave earnings guidance for fiscal 2011 of $1.25-1.40 per diluted share, and indicated that revenues would range from $770 - $790 million for the year. The company attributed the strong year over year improvement in business to a rebound in department store sales of the Perry Ellis Collection, new shipments of golf…

FridayMar 26, 2010 4:00 pm

Conn’s, Inc. (CONN) Reports Year Over Year Decline in Fourth Quarter

Conn’s, Inc. (CONN) reported net income of $6.5 million, or $0.29 per share, for the fourth quarter of fiscal 2010 ending January 31, 2010. In the same quarter last year, Conn’s, Inc. earned $12.6 million, or $0.56 per share. The company said that the quarter contained a non-cash gain of $4.9 million, or $0.21 per share, due to an increase in the value of the company’s securitized pool of assets and a tax benefit due to a litigation settlement. Revenues also experienced a sharp decline in the quarter on a year over year basis. Conn’s, Inc. reported revenues of $202.03…

FridayMar 26, 2010 2:07 pm

Direct Insite Corp. (DIRI.OB) Reports Strong 09 Financial Results

Direct Insite Corp., with over 20k users in 65 countries of their global eInvoice Management services platform, which effortlessly automates a company’s financial supply chain, announced 2009 (period ending Dec. 31) financial results today. Chairman and CEO of DIRI, James A. Cannavino, happily conveyed continued recurring revenue growth in 09, accompanying an expansion of services to the clientele, and pointed to the outlook for 2010, where an “improved financial position” and good market positioning (as more and more businesses turn to the low-cost, streamlined capabilities the Company can provide them) are certain to produce continued success. Long known for their…

FridayMar 26, 2010 1:58 pm

General Environmental Management, Inc.’s (GEVI.OB) Expansion into Water Treatment and Waste-to-Energy Technology

General Environmental Management, Inc., the respected veteran which has constructed one of the most effectively operated hazardous waste field services, has proved its ability to obtain and maintain a leading-growth profile within the industry. Since its inception, the Company has grown at a compounded annual rate of 48% to generate annual revenues of $37M from only $2.3M The Company, seeking to obtain greater returns for its shareholders, has decided to shift the primary focus of operations to the rapidly growing and more lucrative water treatment and waste-to-energy markets. To this end, it has retained General Pacific Partners (GPP) as financial…

FridayMar 26, 2010 1:20 pm

ALR Technologies, Inc. (ALRT.OB): Addressing the World of Prescription Non-Compliance

Compliance. The word says an awful lot when it comes to proper treatment of illnesses, disease and chronic pain. In the words of C. Everett Koop, former U.S. Surgeon General, “a drug will not work if you are not taking it.” In fact, the number one reason for non-compliance is generally referred to as forgetfulness. Thousands of articles have been written on a patient’s inability to take their prescribed medications at the appropriate times and the appropriate doses, but no solid solution has ever been produced. We’ve heard numbers as low as 17% of all patients fully following prescription instructions.…

FridayMar 26, 2010 12:21 pm

THQ, Inc. (THQI) and UFC at Press Event for New MMA Video Game – UFC Undisputed 2010

Video games developer and publisher THQ Inc. and Zuffa LLC today announced the highlights of yesterday's press conference regarding THQ's new video game, UFC Unlimited 2010. The press conference featured UFC (Ultimate Fighting Championship) president Dana White and the video game's cover athlete Brock Lesnar. During the event, THQ demonstrated the significant game play innovation built into UFC Undisputed 2010. Players will navigate a roster of more than 100 prolific UFC fighters, each fully rendered to convey a photo-realistic appearance. Prominent UFC personalities, including commentators Joe Rogan and Mike Goldberg, veteran voice of the Octagon Bruce Buffer, the Octagon Girls,…

FridayMar 26, 2010 12:18 pm

Hana Biosciences Inc. (HNAB.OB) Reports Q4 and FY Results, Notes 2010 Objectives

Hana Biosciences Inc. today posted its fourth quarter and year-end financial results for the period ended Dec. 31, 2009, highlighting recent clinical and corporate updates, as well as 2010 objectives. The company reported a net loss of $5.0 million, or $0.07 per share, for the fourth quarter of 2009 compared with a net loss of $6.1 million, or $0.19 per share, for the fourth quarter of 2008. For the full year ended Dec. 31, 2009, Hana reported a net loss of $24.1 million, or $0.57 per share, compared with a net loss of $22.2 million, or $0.69 per share, for…

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