Blog - Page 3985 of 5770

ThursdayMar 18, 2010 9:14 am

Cardima, Inc. (CADM.OB) Applies for NASDAQ Listing

Today, Cardima took a major step towards prominence by applying for listing on the NASDAQ Stock Market. The company held a special meeting yesterday where shareholders approved a reverse split of its common stock at a ratio of not less than five-for-one and not greater than twelve-for-one for the purpose of meeting minimum stock price requirements. The exact ratio will be set by the Delaware Secretary of State no later June 30, 2010 at which point Cardima’s stock may have a new home which could help the young company evolve into a greater power. Leading the way at Cardima is…

ThursdayMar 18, 2010 8:59 am

China New Energy Group Company (CNER.OB) Announces Expansion Strategy with the Acquisition of Beijing Century Dadi Gas Co.

China New Energy Group Company, a vertically integrated natural gas company engaged in the development of natural gas distribution networks, and the distribution of natural gas to residential, industrial and commercial users in China, recently announced that the company has entered into an agreement to acquire a 70 percent equity interest in Beijing Century Dadi Gas Co., Ltd. and its affiliated companies (collectively, "Dadi Gas"). Dadi Gas supplies natural gas and develops gas pipeline networks in Northern China. The total purchase price for this equity transfer agreement will be determined based on a multiple of Dadi Gas's net profits for…

ThursdayMar 18, 2010 8:06 am

Clear Skies Solar, Inc. (CSKH.OB) is “One to Watch”

Clear Skies Solar, Inc. has been sliding under the radar now for several months since it made its big move in July 2009 through November 2009 when it climbed from .04 to .28. Since then it has been on a slow slide back down under a dime, but it may be time to put CSKH back on the watch list. Clear Skies Solar, formerly Clear Skies Holdings until a name change in January 2008, designs, markets, sells and installs solar power systems that are manufactured by highly-reputatable third parties such as Kyocera Solar, Suntech America and Sharp. Their growing list…

ThursdayMar 18, 2010 8:02 am

Blockbuster Inc. (BBI) Bankruptcy Rumors

Shares of Blockbuster (NYSE: BBI) took a nosedive yesterday dropping more than .11 (approximately 29%) on rumors of bankruptcy being in the near future for the video rental giant. From a business perspective, Blockbuster is doing all that it can to regroup, but in the midst of soft sales and an ever-changing industry with extremely tough competition, it is struggling to keep, much less gain, market share. Blockbuster filed a 10-K on Tuesday stating that it may be forced into bankruptcy if its restructuring efforts cannot meet the liquidity needs for the company. In an industry where customers have been…

ThursdayMar 18, 2010 7:48 am

Are You Making These Cash Mistakes?

A majority of Americans reported cutting back on their spending in 2009. Fifty-six percent said they were eating in restaurants less often, 59% were spending less on vacations, and 36% postponed an auto purchase. In all, 76% said they had cut back in at least one area. So it’s not surprising that the personal saving rate has been running higher than normal. It even hit 6% in May 2009, the highest point during this century. Spending less and saving more is always a good idea, but what should you do with the money you save? Here are some common mistakes…

ThursdayMar 18, 2010 7:47 am

What Does a Fed Chairman Do?

The Chairman of the Board of Governors of the United States Federal Reserve might sound like a lofty title for some smart guy in an ivory tower. Yet the person who occupies this key position in the nation’s central bank can have a tremendous influence over important aspects of daily life, such as the interest rate your bank savings account pays or how much your next pair of shoes may cost. Here’s a look at the aspects of ordinary life that can be affected by the actions of the Fed and its chairman. Interest rates — The Fed is charged…

ThursdayMar 18, 2010 7:45 am

Fund.com, Inc. (FNDM.OB) Capitalizing on Rapidly Growing ETF Market in More Ways than One

Fund.com wants to do something that nobody else is doing. It wants to be for the fund industry what Bankrate.com is for banking, what Lendingtree.com is for the mortgage sector, and what CreditCards.com is for credit cards. Specifically, it wants to be the nation’s vertically-focused online investor resource for the fund investor. It’s a huge and underserved market. Each year, hundreds of billions of dollars flow into investment funds of all kinds. The U.S. mutual fund industry is now in the trillions of dollars, accounting for nearly half of the global mutual fund total. Funds obviously have a broad appeal…

WednesdayMar 17, 2010 2:19 pm

Energtek, Inc. (EGTK.PK) Erudite Management Team Key to Success

Energtek, Inc., known the world over for leading the industry in innovative Adsorbed Natural Gas (ANG) technology, including technology which allows for the efficient storage of Natural Gas (NG), is a company whose success is driven by the dedication and leadership of its experienced and diversely qualified management team. CEO of EGTK, Lev Zaidenberg, co-founder of AngStore Technologies (2002; one of three branches in what is today EGTK’s technology division), is a high-tech entrepreneur with years of advanced management experience. Zaidenberg was Director of Business Communications for Constellation 3D Inc. from 1995 to the founding of AngStore, and also founded…

WednesdayMar 17, 2010 2:09 pm

Abraxis BioScience (ABII) Tops Taxol in Cancer Study

Abraxis BioScience Inc. (ABII), a California based global biotechnology company focusing on cancer treatments, announced today that its chemotherapeutic compound ABRAXANE® has demonstrated a significant improvement in overall response rate in the treatment of the most common form of lung cancer when compared to Taxol®, based upon independent radiologist review. The study was a randomized registrational Phase 3 clinical trial comparing ABRAXANE (protein-bound paclitaxel) with Taxol (paclitaxel) injection, both in combination with carboplatin, for the first-line treatment of patients with advanced non-small cell lung cancer (NSCLC). One of the largest NSCLC clinical studies ever conducted, it involved over 1,000 patients,…

WednesdayMar 17, 2010 12:29 pm

Beacon Equity Featured Company: Kodiak Energy, Inc. (KDKN.OB)

Kodiak Energy, Inc., based in Calgary, Alberta, Canada, is an oil and gas exploration and development company focused on developing and exploring onshore oil, gas and CO2 properties within North America. The company’s main prospects are "Little Chicago" located in the N.W.T. and "Sofia" located in northeast New Mexico. Little Chicago’s dimensions are approximately 22 kilometers x 37 kilometers (13.7 miles x 23 miles). To date, 13 shallow drill targets have been identified, 3 secondary medium depth targets have been identified, and substantial closure, excellent source and reservoir characterizes have been observed. The Sofia prospect is comprised of 53,687 acres,…

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