Blog - Page 3915 of 5592

FridayNov 20, 2009 10:51 am

Mass Megawatt Wind Power, Inc. (MMGW.OB) Licensee Announces $5.8 Million Contract

Mass Megawatts Wind Power Inc. develops, builds and operates state-of-the-art wind energy power plants. The company has patented technology – Multi-Axis Turbosystem – which is capable of generating electricity at 40% less cost than traditional wind power technologies and is directly competitive with fossil fuel (coal, natural gas) power plants. The company announced today that a Pennsylvania-based licensee, Electric City Wind Power, had executed a $5.8 million agreement with a group of wind power investors from the Scranton, Pennsylvania area. Under the terms of the agreement, the investors will purchase a total of 3 megawatts of Mass Megawatt's Multi-Axis Turbosystem…

FridayNov 20, 2009 10:48 am

Echo Therapeutics, Inc. (ECTE.OB) Announces Positive Results of a Clinical Study for Patients with Type 1 and Type 2 Diabetes

Echo Therapeutics, Inc., a company developing the Symphony tCGM System as a non-invasive, wireless, transdermal continuous glucose monitoring system for patients with diabetes and for use in acute and critical care, recently announced positive results of a clinical study of its Symphony tCGM System in patients with Type 1 and Type 2 diabetes. The purpose of the study was to test the performance of the company’s new, improved one-piece, cost-effective and easy-to-use biosensor. Echo Therapeutics’ non-invasive Symphony tCGM System consists of its wireless transmission and transdermal biosensor technologies and is designed to provide diabetic patients with an affordable and easy-to-use,…

FridayNov 20, 2009 10:47 am

American Lorain Corporation (ALN) Issues New Guidance for 2010 and Reaffirms Guidance for 2009

American Lorain is a major processed food company that sells chestnuts, convenience foods, and canned, frozen and bulk food products both to domestic and international customers through their four subsidiaries. American Lorain has garnered global recognition by selling over 234 products to 26 provinces and administrative regions in not only China but 42 foreign countries. While business at American Lorain has been solid despite trying economic conditions faced throughout the globe, the future looks ever brighter for the young company with yesterday’s announcement. Yesterday, it was reported that the company’s management reaffirmed guidance for the current fiscal year and went…

FridayNov 20, 2009 10:40 am

TapImmune, Inc. (TPIV.OB) is “One to Watch”

TapImmune, Inc. is a biotechnology company focused on developing innovative therapeutics and vaccines in the areas of oncology and infectious disease. The company’s lead product, the TAP vaccine, is a key component of a mechanism that moves characteristic markers called antigens to the surfaces of cells. Without TAP, there is a large reduction in presentation of cancer markers, making it impossible for the immune system to spot rogue cells and cancerous cells, allowing them to grow undetected. The company’s vaccine has demonstrated its effectiveness in restoring TAP which in-turn restores and augments the characteristic marker (antigen) and subsequent recognition and…

ThursdayNov 19, 2009 3:47 pm

Etrion Corp. (TSX: ETX) and SunPower Corp. (NASDAQ:SPWRA) Team Up to Deliver Four Italy-based Solar Plants

Canadian energy company Etrion Corporation (TSX: ETX) and U.S.-based solar manufacturer SunPower Corp. (NASDAQ:SPWRA) (NASDAQ:SPWRB) today announced an agreement to build four solar power plants in the Puglia region of southern Italy. SunPower has more than 500 megawatts of solar power plants installed or under contract around the world, including Italian power plants in Milan and Faenza. In regards to today’s announced projects, SunPower is responsible for the design and construction of the plants, and will provide operations and maintenance services as needed. Entrion’s CEO Marco Northland said SunPower’s market experience will enable the companies to meet their goals and…

ThursdayNov 19, 2009 3:28 pm

Dominion Resources Black Warrior Trust (DOM) Announces Dividend Payout

Dominion Resources Black Warrior Trust announced its fourth fiscal quarter dividend payout of $0.246351 per unit. The dividend will be paid on December 9, 2009 to shareholders of record on November 30, 2009. The Dominion Resources Black Warrior Trust has a current dividend yield of 13%. Dominion Resources Black Warrior Trust said that the oil and gas properties from which the trust receives royalties produced 675 million cubic feet of natural gas during the fourth quarter. The trust sold the natural gas at an average price of $3.41 per mcf. The Dominion Resources Black Warrior Trust has royalty interests in…

ThursdayNov 19, 2009 3:23 pm

View Systems, Inc. (VSYM.OB) Up 267% after Being Highlighted by QualityStocks

View Systems Inc. is currently trading at $0.055, up $0.042 or 323%. This substantial gain has occurred on the back of massive volume exceeding 8.25 million shares, which is well above the average daily volume of less than 180,000 shares. View Systems was highlighted a few days ago – November 13th – by QualityStocks when the stock was trading for only $0.015 a share… not bad – nearly triple your money in less than a week! View Systems has an exciting product called ViewScan, which is used as a screening system. It's a computer-based system that can scan up to…

ThursdayNov 19, 2009 2:51 pm

View Systems, Inc. (VSYM.OB) Announces Substantial ViewScan Order from the UAE

View Systems Inc., a security and teledata solutions provider, announced today an initial order for 40 ViewScan units from Belcom, a company based in Dubai, the United Arab Emirates (UAE). Belcom, which conducts business in the Middle East, North Africa and Central Asia, is one of the fastest growing telecom, IT, and security services firms in the Middle East. It is also a dealer for and business partner of View Systems. The company's ViewScan product is fast becoming the choice screening system, both domestically and internationally. It's a computer-based system that can scan up to 1200 people per hour. As…

ThursdayNov 19, 2009 2:48 pm

Beacon Power Corp. (BCON) Breaks Ground on 20-Megawatt Flywheel Energy Storage Plant

Beacon Power Corp. was joined today by state and local officials at a formal groundbreaking event in Stephentown, New York, signaling the start of construction for the nation's first full-scale 20-megawatt flywheel frequency regulation plant. Initial construction on the plant will start this month, with full construction expected to begin in late first quarter of 2010. The plant is to be completed in 16 to 18 months. The company's business strategy is to commercialize its patented flywheel energy storage technology to support stable, reliable and efficient electricity grid operation. Beacon Power's technology is intended to perform frequency regulation services on…

ThursdayNov 19, 2009 1:26 pm

Fed Characterizes Declining Dollar as Nominal

Future voting members of the Fed’s policy setting committee waved off concerns regarding a declining dollar on Thursday, Nov. 19, suggesting that unless the decline becomes volatile or otherwise erratic, concerns about an inflationary impulse are unwarranted. In commentary that seems to suggest the dollar’s decline may be a counterbalance to a historically undervalued renminbi (RMB). Dallas Fed President Richard Fisher told Market News International (MNSI) that the declining dollar value was simply one factor out of many the Fed used as an analytical input for its policy setting model. Fisher told reporters that “a gradually depreciating dollar” would not…

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