Blog - Page 4151 of 5550

ThursdayJan 08, 2009 9:31 am

Anadys Pharmaceuticals, Inc. (ANDS) Stock Up More Than 90% After Release of Clinical Trial Results

Today before the opening bell, Anadys Pharmaceuticals, Inc. announced positive results from the first cohort of an ongoing Phase Ib clinical trial of ANA598, the Company's investigational non-nucleoside polymerase inhibitor. ANA598 demonstrated potent antiviral activity in patients infected with chronic Hepatitis C virus (HCV) and was very well-tolerated. The company anticipates reporting detailed data from multiple cohorts of the study at an upcoming medical conference. James Freddo, M.D., Anadys' Senior Vice President, Drug Development and Chief Medical Officer, stated, "We are very pleased with the antiviral activity and safety of ANA598 at this first dose tested in the Phase Ib…

ThursdayJan 08, 2009 8:26 am

Nexia Holdings, Inc. (NXHD.OB) Ready for 2009 with New Team of Real Estate Acquisition Professionals

Nexia Holdings recently announced a new strategy for its real estate operations. The company has plans to grow its real estate portfolio and create value for its shareholders by utilizing a strategy called “real estate backed securities.” The plan was designed to capitalize on large portfolios of residential real estate held by banks, individuals, corporations or other entities as a result of subprime or other foreclosed loans. Last month, Nexia Holdings told investors that one of its subsidiaries, Wasatch Capital Corporation, has assembled a team of new officers to manage the real estate operations that will be expanding under Wasatch’s…

ThursdayJan 08, 2009 8:07 am

Kraig Biocraft Laboratories, Inc. (KBLB.OB) to Introduce the Next Generation Super Fiber

Kraig Biocraft Laboratories, Inc. has focused their efforts on developing significant high-performance technical fibers and polymers utilizing their research related to spider genes to create a transgenic variety of silkworms capable of spinning a new “super fiber” that is either similar or an exact copy of natural spider silk, which is known as one of the strongest and most resilient fibers. For many years the textile and material science industries have tried to replicate spider silk, but have not been successful. The company has acquired the exclusive rights, in their field of use, to the genetic sequences patented by the…

ThursdayJan 08, 2009 7:54 am

Averaging for Dollars

“It’s tough to make predictions, especially about the future.” So said Yogi Berra, whose tendency toward malapropisms arguably made him more famous than his exploits on the baseball field, which earned him a spot in the Hall of Fame. Nonetheless, he was right. It is tough to make predictions, and yet investors must find some way to anticipate future events if they are to be successful. Fortunately, there is a method for investing in mutual funds that can help stem the risks associated with portfolio decision making. This method, called dollar-cost averaging, involves investing a fixed amount in an investment…

WednesdayJan 07, 2009 9:04 am

Crosstex Energy L.P. (XTEX) Streamlines for 2009, Sheds Non-core Assets to Pay Down Debt

In past natural resources posts, oil and gas exploration companies have been featured. They are generally smaller companies working to make their mark and achieve “going concern” status. These companies, however, are at the beginning of the food chain. They come in all shapes and sizes but operate to get the oil and gas to combust when and where it should. Understanding that these companies are just as solid for profit opportunity as the oil and gas exploration companies is not all that difficult. Finding them can be. An investor that can find a solid company capitalizing on oil and…

WednesdayJan 07, 2009 8:42 am

Oil Prices Retreat after Oil Reserve Report

Oil prices had climbed 43 percent from a five-year low of $33.87 a barrel on fears that the conflict between Israel and Hamas in Gaza could spread to the rest of oil-rich Middle East and affect supplies. Today, however, energy prices tumbled across the board after a government report showed U.S. oil reserves were much greater than expected. According to the Energy Information Administration, inventories rose 6.7 million barrels, well past the 1.5 million-barrel build expected by analysts surveyed by Platts, the energy information arm of McGraw-Hill Cos. Analyst Jim Ritterbusch, president of energy consultancy Ritterbusch and Associates, said it…

WednesdayJan 07, 2009 8:28 am

Zhone Technologies, Inc. (ZHNE) Chosen to Support Birch Communication’s IP Network Upgrade

Today, Zhone Technologies, Inc. announced that its MALC multi-service access platform (MSAP) has been selected by Birch Communications to boost network performance and cut ownership costs. Birch Communications, one of the largest local exchange carriers in the 31-state Southeast, Southwest and Midwest regions, anticipates offering all of its access offerings, including EFM, ADSL2+, T1 and voice over Internet Protocol, via one integrated platform. "There is a race to help carriers realize the inherent efficiency gains by migrating to IP networks and MSAP provisioning," stated Steven Glapa, Zhone's VP of product management and marketing. "The Birch network strategy is a model…

WednesdayJan 07, 2009 7:58 am

ICO Global Communications Ltd. (ICOG) Completes Testing of ICO G1 Space Segment

ICO Global Communications Ltd. announced today that the testing of ICO G1 satellite In Orbit (IOT) and the innovative Ground Based Beam Forming (GBBF) system for the ICO Space Segment is now complete. In the press release, the company also announced its subsidiary, ICO Satellite Services G.P., has accepted the Space Segment from Space Systems/Loral. Launched from Cape Canaveral, Florida on April 14, 2008, ICO G1 is the first satellite to feature a two-way GBBF system. Delivered and integrated at ICO's gateway in North Las Vegas, GBBF delivers unparalleled flexibility to provide next-generation mobile satellite services. Bob Day, ICO senior…

WednesdayJan 07, 2009 7:49 am

Tower Semiconductor Ltd. (TSEM) Announces $20 Million Cash Investment from Israel Corp

Today before the opening bell, Tower Semiconductor Ltd. announced that Israel Corp. has invested $20 million in the company, pursuant to the agreement announced in September of last year. As terms of the agreement, Israel Corp. will receive Tower's equity equivalent capital notes based on a $0.26 value per share. Russell Ellwanger, CEO of Tower, stated, "We are pleased that Israel Corp. continues to show its support of Tower. This additional capital will assist us in continuing our efforts to become the leading specialty foundry in the world and will provide needed flexibility as we continue to leverage the synergies…

WednesdayJan 07, 2009 7:22 am

Cosi, Inc. (COSI) is “One to Watch”

Cosi, Inc. is a national premium convenience restaurant chain that offers a menu built around a secret, generations-old recipe for crackly crust flatbread. This artisan bread is freshly baked in front of customers all day long in open flame stone hearth ovens. The warm, urbane atmosphere is designed to attract its sophisticated, upscale, urban and suburban guests. Currently, there are 101 Company-owned and 51 franchise restaurants operating in eighteen states, the District of Columbia and the United Arab Emirates. Cosi’s goal is to become America's favorite premium convenience restaurant by providing authentic, innovative, savory food while remaining an affordable luxury.…

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