Blog - Page 4174 of 5525

ThursdayNov 06, 2008 8:04 am

DURECT Corp. (DRRX) Announces Third Quarter Financial Results; CEO Comments on Outlook for REMOXY®

DURECT Corporation (NASD: DRRX), an emerging specialty pharmaceutical company developing innovative drugs for pain and other chronic diseases, recently reported its financial results for the third quarter ended September 30, 2008. Total quarterly revenue reached $6.6 million, compared to $4.9 million for the same period in 2007, and the company’s net loss for the quarter was reported at $9.2 million, or a loss of $0.11 per share, compared to a net loss of $7.9 million, or a loss of $0.11 per share, for the corresponding period one-year earlier. The company plans to earn its first product royalties from REMOXY®, a…

ThursdayNov 06, 2008 8:01 am

Simtrol, Inc. (SMRL.OB) Adds Sales Veteran Dave Barry to Management Team

Simtrol, Inc. (SMRL.OB) was pleased to announce today that Dave Barry has joined the management team as Vice President of Worldwide Sales. Simtrol is a leader in developing enterprise-class software solutions to manage an array of electronic devices for more cost-effective utilization and more pro-active maintenance. “Dave brings to Simtrol a wealth of sales and business development expertise in the network management software space,” stated Oliver Cooper, CEO of Simtrol. “His proven ability to forge strategic alliances with partners and customers alike will enable us to rapidly accelerate our growth into new markets.” Barry earned a Bachelor of Science degree…

ThursdayNov 06, 2008 7:53 am

MyECheck, Inc. (MYEC.OB) to be a Presenter at Paulson Investment’s 31st Annual Westergaard Conference

Today, Paulson Investment Company announced which companies will be presenting at the upcoming Westergaard Conference to be held November 12, 2008 at the historic Waldorf-Astoria Hotel in New York City. Larry Kudlow, noted economist and host of CNBC's "Kudlow & Company," will be the keynote luncheon speaker. Th Westergaard conference is recognized as the most widely anticipated micro/small cap event of the year. Small and emerging growth companies focused on establishing leadership in a wide range of industry sectors will be featured. This year’s conference will provide a venue for companies to provide detailed insight into their business operations, short…

ThursdayNov 06, 2008 7:00 am

MyECheck, Inc. (MYEC.OB) Announces 41% Increase in Revenue Quarter-Over-Quarter

Today, MyECheck reported its Q3 2008 financial results for the period of July 1, 2008 through September 30, 2008. Revenues for this quarter totaled $156,174 compared to $110,805 for Q2 2008, which is an increase of 41%. Revenues for the nine months ended September 30, 2008 skyrocketed to $325,892 from $4,771 for the same period in 2007. According to the press release, the growth in transaction processing volume and revenue is accelerating as more processors and merchants subscribe to the MyECheck system. Management anticipates that this trend will continue and is preparing by expanding processing capacity and speed. CEO of…

ThursdayNov 06, 2008 6:50 am

The Fight Zone, Inc. (TFZI.PK) Announces Top Grappler’s Move to Pro MMA

Today before the bell, The Fight Zone announced that Robert Drysdale, winner of the Abu Dhabi championship and virtually every other jujitsu championship in the world, has turned to a professional career in MMA. He has coached former UFC Heavyweight Champion Frank Mir on Spike TV's “The Ultimate Fighter” and is the head Brazilian Ju-Jitsu instructor at UFC Heavyweight Champion Randy Couture's training facility, XtremeCouture. Lloyd Vickers, President and CEO of The Fight Zone, Inc., commented, “We expect Robert to become a dominating force within the world of mixed martial arts. We see few fighters that will be able to…

ThursdayNov 06, 2008 6:35 am

Bald Eagle Energy Inc. (BEEI.OB) is “One to Watch”

Bald Eagle Energy Inc. is an oil and gas exploration company headquartered in Dallas, Texas. Their corporate mission is to be a partner in helping America work toward energy independence. The company is focusing their efforts on Alaska’s vast energy resources. The company’s strategy for profitability is to reduce capital expenditures through a minimized team of experienced management, and to retain the consulting services of industry experts only when needed. They also utilize third-party drilling companies to limit investment in equipment and limit operating expenses. Bald Eagle holds a 100% percent working interest in six separate leases in Alaska. The…

ThursdayNov 06, 2008 5:41 am

Clean Energy Fuels Corp. (CLNE): Good for the Environment, Good for Your Portfolio?

Clean Energy Fuels is a supplier of natural gas as an alternative fuel across North America and designs, builds, finances, and operates fueling stations and supplies compressed natural gas and liquefied natural gas. The company serves approximately 275 fleet customers operating 14,000 natural gas vehicles in public transit, refuse hauling, airports, taxis, seaports, and regional trucking markets. As of December 31, 2007, Clean Energy Fuels Corp. owned and operated 170 natural gas fueling stations in Arizona, California, Colorado, Maryland, Massachusetts, Nevada, New Mexico, New York, Texas, Washington, Georgia, Wyoming, and Canada. Clean Energy Fuel was founded by billionaire T. Boone…

ThursdayNov 06, 2008 5:08 am

Luna Innovations Inc. (LUNA) Posts Increases in 3rd Quarter Revenue and Gross Profit

Luna Innovations Incorporated, a Roanoke, Virginia based research, development, and marketer of precision testing, measurement, sensing, and healthcare products, reported positive third quarter financial results yesterday. Quarterly revenue reached $10.7 million. The increase resulted in part from a 20% increase from 2007 in product and license revenue. Gross profit hit $4.3 million for the quarter in comparison to $3.5 million for the same period in 2007, an increase of 21%. Along with the increase in product and license revenue, the improved results were based on a 3% decrease in operating expenses. These expenses for the third quarter of 2008 were…

WednesdayNov 05, 2008 2:10 pm

CleanTech Biofuels, Inc. (CLTH.OB) Recognizes Missouri for Meeting Mandatory Renewable Portfolio Standards

Today after the closing bell, CleanTech Biofuels gave special recognition to Missouri for adopting Proposition C, Renewable Portfolio Standards, which requires the state's three large investor-owned utilities to generate 15 percent of their electricity from renewable sources by 2021. With Missouri now onboard, over half the U.S. States have adopted Renewable Portfolio Standards. The approval of this initiative tightens the voluntary standards that the Missouri legislature passed last year. The previous legislature only obligated companies to make "good-faith efforts" to reach a goal of 11 percent renewables by 2020. The overwhelming support behind this initiative demonstrates the voting public’s strong…

WednesdayNov 05, 2008 2:00 pm

OpenTV Corp. (OPTV) Has Launched Its Ad Management System in Two More Comcast Spotlight Markets

OpenTV Corp. (NASDAQ: OPTV) announced that OpenTV EclipsePlus, its newest advertising campaign management solution, has launched in two additional Comcast Spotlight markets. “Managing increasingly complex ad buys requires robust solutions that streamline processes and make the job easier for our ad sales teams,” said Steve Feingold, senior VP of Operations and Strategic Planning at Comcast Spotlight. “We’ve found those capabilities in EclipsePlus and we look forward to rolling out the platform in additional markets.” OpenTV EclipsePlus is designed to handle 1,000s of local and interconnect networks and run multiple Designated Market Areas within a single database through an automated scheduling…

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