Blog - Page 4371 of 5726

MondayNov 10, 2008 7:02 am

Gray Creek Mining Inc. Acquired by Budget Waste Inc.

Gray Creek Mining Inc. (OTC BB:GYCK.OB) announces that effective November 10, 2008, it has acquired from Budget Waste Inc., a Nevada corporation ("BWI") (Other OTC:BDGW.PK) its wholly owned subsidiary, Budget Waste Inc., an Alberta corporation, which holds and controls 100% of BWI's assets and business operations, for approximately 52% of the outstanding shares of common stock of Gray Creek in a share exchange transaction. The effect of the transaction is that BWI has taken control of Gray Creek in a reverse transaction such that Budget Alberta has become a wholly owned subsidiary of Gray Creek. Gray Creek will be immediately…

MondayNov 10, 2008 4:59 am

BioDelivery Sciences (BDSI) to Meet with FDA to Routinely Finalize Proposed Risk Strategy

BioDelivery Sciences International, inc. (NASDAQ: BDSI) remains on schedule to meet with the Food And Drug Administration, on Nov. 17 to discuss its Risk Evaluation and Mitigation Strategy for ONSOLIS, its main cancer pain treatment drug. The company said it has already sent the FDA the information it needs, in advance preparation for the meeting. ONSOLIS (formerly known as BEMA Fentanyl) is for patients who are opoid tolerant. It's the company's lead development product. "Our proposed REMS program will be an important step in helping to assure that prescribers and patients get the benefits of ONSOLIS while minimizing the risks…

MondayNov 10, 2008 4:57 am

Wonder Auto Technology, Inc. (WATG) Saying Smaller is Better

Wonder Auto Technology, Inc., based in Jinzhou City, Liaoning, China, recently posted their latest edition of forecasts. For some time the company has been focused on creating parts and electrical components for the small to midsized engines. Perhaps it was an exercise in divination or just simply a visionary idea, but that glimpse into the future has paid off in a big way. Third quarter revenues grew to just over a record 39 million dollars, representing a 44% increase over comparable third-quarter revenues of just over 27 million dollars last year. Increased demand for smaller starters, for example, has grown…

MondayNov 10, 2008 4:55 am

Could Microsoft Be the Next Bidder for Yahoo?

Yahoo co-founder and CEO Jerry Yang thinks so. He believes that a Microsoft purchase of Yahoo would be a wise choice for the operating system giant. Jerry Yang spoke at the prestigious Web 2.0 event in San Francisco and openly expressed his opinions to an interviewer. “To this day, I believe the best thing for Microsoft to do is to buy Yahoo,” he said. While there are no talks happening at the moment, he continued by stating that the board of directors and himself would “remain open to everything.” Now let’s take this idea one step farther. What does this…

MondayNov 10, 2008 4:52 am

Elephant Talk (ETAK.OB) Starts Operations in Netherlands Using T-Mobile Antenna Network

Elephant Talk seeks to become a supplier of choice for Business-to-Business telecommunications and content services. By combining fixed line and wireless access services through contractual arrangements with an unrestricted number of first/last mile telecom providers, Elephant Talk is able to offer innovative Mobile, Content, VoIP and Media Streaming as well as more traditional telecom services including: Carrier (Pre) Select, Premium Rate, Shared Cost and Toll Free Services. Such contracts have expanded the company’s footprint into sophisticated networks in over a dozen markets in Europe, Asia Pacific, and the Middle East. Partners like KPN in the Netherlands, Telefonica in Spain, Swisscom…

FridayNov 07, 2008 9:42 pm

Drugstore.com, Inc. (DSCM) Announces Third Quarter Financial Results; Expects Profitability in the Fourth Quarter

Drugstore.com, Inc. (NASD: DSCM), a leading online provider of health, beauty, vision, and pharmacy products, recently reported its financial results for the third quarter ended September 28, 2008. The company reported an 8.5 percent year-over-year increase in quarterly sales to $87.8 million and a net loss of $3.6 million, or a loss of $0.04 per share. Healthy sales of over-the-counter (OTC) orders fueled the sales gain for the quarter. Along with the increase in sales, the company achieved record gross margins for the third quarter of 28.6 percent, a solid gain of 90 basis points compared to the year-earlier period.…

FridayNov 07, 2008 9:41 pm

China Pharma Holdings Inc. (CPHI.OB) Posts Positive Q3 Results Across the Board

China Pharma Holdings Inc. (OTCBB: CPHI) develops, manufactures and markets generic and branded specialty pharmaceutical products in China. The company today announced its third-quarter results for the period ended September 30, 2008, marking significant increases in revenues and net income. China Pharma posted a 52 percent increase in revenues, reported at $12.61 million, up from $8.29 million for the same quarter last year. The company attributes this to its expansion of marketing and promotional activities implemented to boost sales of existing products and the introduction of new ones. Revenue for the nine months ended September 30, 2008 rose 47% year-over-year.…

FridayNov 07, 2008 12:55 pm

Sector 10, Inc. (SECT.OB) is “One to Watch”

In the ever-changing fast-paced world of Wall Street, everyone is scrapping for the new big stock. While the economy has been on a roller-coaster ride of late, there is one thing that no one can put a price on, that one thing is safety. The young company Sector 10 has taken the business of safety to another level. Sector 10 is working to redefine the emergency response paradigm from centralized equipment staging to onsite pre-deployed resources. Sector 10 is the only emergency response systems company so strongly emphasizing pre-deployed resources as the way to save lives from injuries and reduce…

FridayNov 07, 2008 12:51 pm

Panasonic and Sanyo to Merge?

Talks between Panasonic and rival Sanyo began on Friday with regard to a possible buyout deal. The two electronics manufacturers could complete a merger as soon as year's-end, which would effectively create the largest Japanese electronics company, surpassing Hitachi. "We need another engine for growth, "said Panasonic president Fumio Ohtsubo, "We need another pillar for far greater growth. And Sanyo was that best partner." In addition to a possible joint future, the companies have an interesting shared history: The founders of the two electronics giants were brothers-in-law. Let us hear your thoughts below:

FridayNov 07, 2008 12:50 pm

Wall Street Ends Rough Week on a Rebound

After a week's worth of tumultuous conditions, there was finally some relief for battered stocks on Friday. The Dow jumped as much as 200 points, or roughly two percent, with the Nasdaq and S&P logging similar percentage gains. This increase came in defiance of a weak report from the U.S. Department of Labor citing a fourteen-year high 6.5 percent rate of unemployment. Gains on the day tapered following an address from president-elect Barack Obama. Let us hear your thoughts below:

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