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WednesdayOct 22, 2008 11:35 am

Dyax Corp. (DYAX) Announces Major Third Quarter Revenue Increase

Dyax Corporation, a Massachusetts biopharmaceutical company, has announced third quarter revenues of $5.5 million, compared with $2.6 million for the comparable quarter in 2007, an increase of 111%. In addition, revenues for the nine-month period ending September 30, 2008, increased to $12.0 million, compared to $7.9 million for the comparable nine-month period in 2007, an increase of nearly 52%. The dramatic increase in revenue was due largely to returns from license and collaboration agreements, including $2.5 million received under the company’s Licensing & Funded Research Program (LFRP). Dyax has also received $38.2 million from licensing and collaboration agreements for its…

WednesdayOct 22, 2008 11:35 am

Liquor Group Wholesale and Southern Wine & Spirits Enter a Working Relationship

Florida based publicly owned specialty spirits and wine distributor Liquor Group Wholesale Inc. (LIQR) has entered a working partnership with Southern Wine & Spirits of America in the western liquor control states. With operations in 31 states, Liquor Group Wholesale distributes more than 1700 products including brands such as Happy Vodka, Trump Super Premium Vodka, Pendleton’s Canadian Whisky, Damiana, Willie Nelson’s Old Whiskey River Bourbon to name just a few in the 18 National Alcohol Beverage Control States of America (NABCA). “We have been looking closely at the performance of brokerage operations in control states with boots on the ground…

WednesdayOct 22, 2008 10:11 am

Tri-star Holdings, Inc. (TSHL.PK)’s CEO Anthony Mellone Jr. Brings Much Insight to the Company

Currently the CEO of Tri-Star Holdings, Anthony Mellone Jr. has been the main force in the company's recent growth. An inventor and entertainment industry veteran, Anthony has developed a ground-breaking schematic for the global delivery of high-speed Internet service, as well as engineering his RF Video Magic video card used for transmitting high-quality digital video to private residences and businesses. Mellone is a renaissance-man of sorts, having been involved in the production of several Hollywood films including Scar Face, the Terminator movies, and The Thornbirds, in addition to his exploits as an inventor. Outside of developing digital delivery technologies, he…

WednesdayOct 22, 2008 10:08 am

Applications for New Mortgages at 8-Year Low

Homebuyer demand in the U.S. is as low as it has been since December of 2001. It is clear that the lull is, at least in part, due to plummeting stocks, mortgage rates near their annual highs, and lenders demanding exorbitant down-payments. The Mortgage Bankers Association's mortgage application index backslid more than 16.5 percent last week, reflecting a population in decision-making limbo; most people do not feel that the time is right to invest in a new home, and for the moment, experts feel that they are probably correct. It has been estimated that one out of every six homeowners…

WednesdayOct 22, 2008 10:07 am

Dow Extends Losses on Flimsy Earnings

Fear and panic on Wall Street was in full-force again on Wednesday, with the Dow sliding more than 250 points by midday. Third quarter earnings ended up disappointing many investors already racked with aprehension over the recessional nature of world economies at present. Adding to the turbulence, were grim forecasts made regarding the expected fourth quarter performance of several major corporations. Mirroring many stocks, oil fell to below $68 a barrel this week. Let us hear your thoughts below:

WednesdayOct 22, 2008 10:06 am

World Leaders to Convene in Washington

In order to address the financial crisis now blanketing the planet, world leaders will converge on Washington this November 15th for a number of meetings aimed at devising a unilateral global response, as well as divining the root causes of the crisis itself. Political and economic leaders from Japan, the U.K., France, Germany, Italy, Canada, China, Brazil, India, Russia, South Korea, and the U.S. will be in attendance. Senate Majority Leader Harry Reid expressed the belief that a global summit was just what the doctor ordered, stating: "I am hopeful that the meeting will not only address the immediate crisis…

WednesdayOct 22, 2008 9:07 am

ZBB Energy Corp (ZBB) Signs Distribution Agreement to Energize Australia and New Zealand

ZBB Energy Corporation (AMEX: ZBB), a company focused on providing turn-key energy storage systems and renewable energy generators, is pleased to announce that it has entered into a sales distribution agreement with Zest Energy Pty Ltd. Zest will be responsible for the marketing, selling, and distribution of the ZBB products throughout Australia and New Zealand. Based in Australia, Zest focuses on providing energy storage systems that use regenerative fuel cells to technology suppliers, property developers, and utility companies. Zest works with its clients to design and install the storage systems that reduce energy costs and provide supplemental energy during peak…

WednesdayOct 22, 2008 8:23 am

Small Cap Voice Featured Client: TechPrecision Corp. (TPCS.OB)

Headquartered in Westminster, Massachusetts, TechPrecision Corporation, through its wholly-owned subsidiary Ranor, Inc., manufactures metal fabricated and machined precision components and equipment. Their corporate mission is to excel in precision manufacturing that provides their clientele high quality and complete program management and integration services. TechPrecision is an end-to-end solutions provider. They have the ability to engineer the required tooling and the entire manufacturing process for each respective production program, and fabricate, machine, assemble, test, and deliver large scale projects with tight tolerance levels. The company earns much of its revenues from the alternative energy industry. They also manufacture products for the…

WednesdayOct 22, 2008 8:16 am

Beacon Equity Research Featured Company: SpongeTech Delivery Systems Inc. (SPNG.OB)

SpongeTech Delivery Systems Inc. trades on the OTCBB as part of the Cleaning Products industry in the Consumer Goods sector. They have their headquarters in New York City. The company focuses on the design, production, marketing, and distribution of cleaning products for household and vehicular use utilizing patented technology relating to their hydrophilic sponges. Their Patented Super Absorbent Polymer (SAP) Technology allows their customers to clean items while saving time and money by not having to use an assortment of buckets, solutions, mixes, clothes, wipes, soaps, and waxes. SpongeTech's sponges are also biodegradable. SpongeTech’s Auto Wash & Wax System uses…

WednesdayOct 22, 2008 8:06 am

Dutton Associates Featured Company: Amarin Corp. (AMRN)

Amarin Corporation (NASDAQ: AMRN) is a neuroscience company focused on the research, development and commercialization of novel drugs that address unmet patient needs. Amarin is committed to improving the lives of patients suffering from central nervous system and cardiovascular diseases. Amarin continues to focus their efforts on employing a novel, proprietary platform based on knowledge of the chemical nature and highly vascular environment of the brain to develop pharmaceuticals in the area of neurology. The company's unique technology of lipophilic drugs is predominately fat-soluble, which helps facilitate transportation across the blood-brain barrier. This is a crucial component since the majority…

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