Blog - Page 4092 of 5545

FridayMar 20, 2009 5:20 am

InSight Health Services Holdings Corp. (ISGT.OB) Signs Agreement to Acquire Two Boston-Metro Imaging Centers

Yesterday after the closing bell, InSight Health Services announced that it has entered into a definitive agreement for the acquisition of two imaging centers in the Boston-metropolitan area for approx. $8.1 million in cash. Together, these centers generate approximately $5.6 million in yearly revenues. The acquisition is anticipated to close next month. Kip Hallman, InSight’s President and CEO, commented, “This acquisition is consistent with our strategy of making targeted investments in strategic markets, and to be strongly aligned with quality, subspecialty radiology groups. These centers complement our New England regional presence, which stretches from Maine to Connecticut, and we are…

ThursdayMar 19, 2009 12:54 pm

FormCap (FRMC.PK) Enters Into Joint Venture

FORMCAP CORP (FRMC.PK), a product and services development company, today announced that it had entered into a Joint Venture Development and Operating Agreement with MLXjet, Inc. and MLXjet Media Corp.The ownership and revenue interests of the Parties under this Joint Venture shall be a 60% (sixty percent) interest to FormCap and a 40% (forty percent) interest to MLXjet Inc. FormCap shall be the operator and/or manager of the JV Assets and the Joint Venture. Purpose and Creation of the Joint Venture and Project The Assets of MLXjet and FormCap are to be owned and operated jointly as the Joint Venture.…

ThursdayMar 19, 2009 11:15 am

MultiCell Technologies, Inc. (MCET.OB) To Attack Liver Cancer

MultiCell Technologies, Inc., an integrated biopharmaceutical company based in Rhode Island, announced today that it has entered into a cooperative research and development agreement with Maxim Biotech, Inc., a non-public Maryland-based medical research products company. The focus of the research will be the development of products for working with liver stem cells in the detection and treatment of liver cancer. Although not one of the most common types of cancer in the U.S., liver cancer is still deadly. Nationwide there were over 21,000 new cases of primary liver cancer and intrahepatic bile duct cancer in 2008 according to the National…

ThursdayMar 19, 2009 10:20 am

Wall Street Reacts to Unemployment Report; Pink Slips a Common Conversation Starter

It’s common for casual conversation to turn to the economy, and it’s even more common for talk of who got laid off and how long ago. It’s a tiresome conversation reflecting a stressful economic environment that has spurred a wealth of “How NOT to get Laid Off,” articles and networking groups. And even though jobless claims fell more than was expected last week, there are economists that warn it’s going to get worse before it gets better. According to the Labor Department, continuing jobless claims hit a new high for the eighth consecutive week. While first-time requests for unemployment benefits…

ThursdayMar 19, 2009 8:53 am

Kraig Biocraft Laboratories, Inc. (KBLB.OB): What’s So Exciting About Spider Silk?

Spider Silk is one of the strongest fibers found in nature. Along with its incredible strength, the fiber is also extremely elastic and resilient, and has several properties that are unmatched by even the most exotic of man-made fibers. One of the most important properties of spider silk, however, is its extreme resistance to breaking under strain. Relative to this property, spider silk outperforms virtually all known natural and synthetic fibers. Because spider silk also has the unparalleled capacity to absorb energy and dissipate it in a very controlled manner, this fiber is especially attractive for applications where energy absorption…

ThursdayMar 19, 2009 8:22 am

GTX Corp (GTXO.OB) Helps Monitor Children and Seniors within Safe Zones

Since the company was founded in 2002, GTX Corp has been committed to creating personal location solutions to keep all types of people safer. With our society becoming much more mobile than it was 25 years ago, GTX has dedicated its efforts to developing miniaturized GPS tracking devices into a variety of consumer products. One of the first products that GTX has developed is the Xplorer, an athletic shoe that incorporates a small GPX tracking device into the sole of the shoe along with a number of other patent-pending ideas. As with any other electronic device, the Xplorer needs a…

ThursdayMar 19, 2009 7:29 am

Cary Claiborne Appointed CEO of New Generation Biofuels, Inc. (NGBF)

New Generation Biofuels Holdings, Inc. announced yesterday that it has appointed Mr. Cary Claiborne as its new President and Chief Executive Officer. Mr. Claiborne will also retain his role as Chief Financial Officer and has joined the Board of Directors. In late 2007, Mr. Claiborne joined New Generation Biofuels as the company's Chief Financial Officer. Prior to this role, he had a distinguished career as the Chief Financial Officer of Osiris Therapeutics (NASDAQ: OSIR), as well as in various roles with leading American corporations, including Constellation Energy (NYSE: CEG), Home Depot (NYSE: HD) and General Electric (NYSE: GE). "Cary brings…

ThursdayMar 19, 2009 7:03 am

GreenChek Technology Inc. (GCHK.OB) Makes Waves with Strong Corporate Team

GreenChek Technology has been gaining recognition by providing innovative world-class mobile Greenhouse Gas (GHG) emissions reduction technology, while greatly enhancing fuel economy for the mobile transportation industry. GreenChek’s Onboard Hydrogen Generation and Injection (OHGI) technology is positioned to occupy the pre-eminent position in the emerging market for emissions reduction technology and fuel economy enhancement. A large reason for the new-found success of GreenChek is their strong leadership. Leading the way at GreenChek is Lincoln Parke who serves as the young company’s President and CEO. Parke has over 20 years of management experience and much of it includes management of emerging…

ThursdayMar 19, 2009 6:15 am

What You Can Learn from LIBOR

Obscure Benchmark Can Hold Wealth of Clues; What the Neighbors Think If you’ve ever owned an adjustable-rate mortgage, you might be familiar with LIBOR, the London Interbank Offered Rate. But have you noticed the extra attention this interest rate is attracting? To investors around the world, LIBOR is more than a mere benchmark for short-term interest rates. It’s a proxy for how global markets view the outlook for the U.S. economy. Over There About half of all U.S. adjustable-rate mortgages (ARMs) are tied to LIBOR levels. The behavior of this interest-rate index determines whether ARM payments will rise, fall, or…

ThursdayMar 19, 2009 6:12 am

Small Cap Voice Featured Company: Advanced Medical Isotope Corporation (ADMD.PK)

Advanced Medical Isotope Corporation (ADMD.PK) develops advanced production systems and processes in the nuclear medicine industry. The Company’s primary focus is on making previously unavailable medical isotopes, such as radioisotopes and stable isotopes, more available to the medical marketplace. In addition, the company leads the way to advanced systems for local product production. The company encourages using less invasive therapeutic processes, liked medical imaging, rather than highly invasive surgical approaches in the diagnosis and treatment of diseases like cancer. Advanced Medical has the rights to an advanced design compact system. This system is used in a series of medical radioisotopes…

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