Blog - Page 4415 of 5383

WednesdayApr 30, 2008 7:21 am

Genetech Inc. (DNA); Biogen Idec Inc. (BIIB) – Promising Drug Falls Short

The drug Rituxan, which is marketed by both Genetech Inc. (DNA) and partner Biogen Idec Inc. (BIIB), has failed to make any headway in the fight against lupus, a disease affecting the immune system and targeting more than one million Americans each year. There has never been much progress toward a cure, and some felt that Rituxan would be that miracle. The medication is already approved as a treatment for rheumatoid arthritis and some types of cancer, but the hope - that Rituxan might be effective against lupus - has fallen through. While the companies realize the serious challenges in…

WednesdayApr 30, 2008 7:17 am

HotOtc Featured Company: Hasbro Inc. (HAS) Eagerly Awaits the Opening of Ironman Movie with Full Action Figure Line

Offering consumer products that have a short life cycle is a tough business. The fickle nature of the customer means that the company has to have a quick-reaction team in place to respond to whatever trend may pop up without notice. If, however, a company can develop a solid revenue stream that has a predictable nature, it will be able to dabble and grow in areas where these kinds of "betting rights" can mean great gains. Hasbro Inc., a game and toy designer, manufacturer and marketer, offers a broad and balanced program of toys and toy-related programs to the marketplace.…

WednesdayApr 30, 2008 7:07 am

3Com Corp. (COMS) Has a New CEO

3Com Corporation (NASDAQ: COMS) announced yesterday that the company's board of directors has appointed Robert Mao as the new Chief Executive Officer. He is replacing Edgar Masri, who is leaving the company. Mao will continue to serve on the company's board. 3Com also hired Ronald Sege as President and Chief Operating Officer and appointed him to the board effective today. “We wish to thank Edgar for his leadership and contributions to 3Com," said Chairman of 3Com's Board of Directors, Eric Benhamou. "Edgar helped the company through a challenging period and helped us make progress on a number of fronts, including…

WednesdayApr 30, 2008 6:53 am

GSI Commerce Inc. (GSIC) Collaborates With Clients for Success

GSI Commerce Inc. believes working closely with partners to formulate e-commerce solutions is the key to growth for both entities. They know they will succeed only when they have met their partner’s e-commerce needs exactly. GSI is a provider of these e-commerce solutions for retailers, branded manufacturers, entertainment firms, and professional sports organizations. GSI Commerce, formerly known as Global Sports Inc. has headquarters in King of Prussia, Pennsylvania. They have a market capitalization of $649.6M and list on NASDAQ. Some of the businesses they collaborate with are Major League Baseball, the Houston Texans of the NFL, iRobot, Bath and Body…

WednesdayApr 30, 2008 6:50 am

American River Bankshares (AMRB) Banks on Quality Products and Service

American River Bankshares (AMRB) offers its customers a broad spectrum of services to meet their daily banking needs in the Greater Sacramento, California area. Trading on NASDAQ, this financial services company has its main headquarters in Rancho Cordova. They are part of the Regional-Pacific Banks sector and have a market capitalization of $96M. AMRB is the parent company of American River Bank (ARB), a community business bank located in Sacramento and Placer Counties. They are also the parent company of North Coast Bank in Sonoma County, and Bank of Amador in Amador County. They have eleven branches– five American River,…

WednesdayApr 30, 2008 6:04 am

OTCPicks.com Welcomes Monogram Energy, Inc. (MGRN.PK)

Monogram Energy (MGRN.PK) is an independent energy company based in Texas and engaged in the acquisition, development, and exploitation of oil and gas properties. Their strategy is to grow through acquisition and enhancement of prior producing properties using new technologies and production techniques. The company expects these technologies to restore and enhance production of existing, non-producing wells. Monogram's plan to maintain steady growth using prior producing properties is a very low risk strategy. The company is acquiring only oil and gas leases with proven reserves that have the potential for increased production. Monogram plans to re-invest from its net operating…

WednesdayApr 30, 2008 5:15 am

MIPSolutions Inc. (MSOL.OB) – Isolating Molecules for Profits

The most amazing things happen when our bodies are invaded by an intruder, whether it's a virus or a bacterium. Our body sends specialized cells to "envelope" the virus and then bring a "molded form" of that invader back to the lymph system, where our immune system can create cells patterned from the molds that are designed to go "lock onto" the surface of the virus and render them helpless. It's the "shape", or more precisely the contour of the surface of the bacteria or virus, that our immune system can identify, isolate and ultimately render harmless. MIPSolutions, which trades…

WednesdayApr 30, 2008 4:24 am

GTX Corp. (GTXO.OB) – Overview of Products and Services

GTX Corp., a leader in Global Positioning System (GPS) tracking and location-transmitting technology platforms, offers patented, interchangeable GPS satellite tracking and location reporting technology. This hardware can be easily embedded into footwear, clothes, backpacks and life preservers. Footwear was GTX Corp’s first application but the company’s Personalized Location Services (PLS), or technology, can be integrated into many types of products. The company recently entered into a five-year, multimillion dollar agreement with My ATHLETE LLC. Under this agreement, thousands of avid marathon and tri-athlete spectators will have the advantage of tracking race results by utilizing GTX Corp’s personal GPS technology. Along…

WednesdayApr 30, 2008 4:04 am

Utah Uranium Corp. (UTUC.OB) Enters Negotiations to Joint Venture on Potash Property

Utah Uranium Corp. (UTUC.OB), a Utah-based junior exploration and development company focused on the acquisition of highly sought after, energy-related opportunities, recently announced the company’s acquisition of the Ernestina Lake Potash property in Alberta, Canada. This property includes 192,000 contiguous hectares (474,400 acres) of potash claims, east of the town of Unity, Saskatchewan, the site of Canada's first potash mine. Since the acquisition, Utah Uranium Corp. has received several joint venture inquiries and is currently moving forward with discussions with more than one potential partnership group. The company’s management team is conducting their due diligence to ensure quickest development of…

WednesdayApr 30, 2008 4:02 am

ThermoEnergy Corp. (TMEN.OB) and Babcock Power Join Forces to Develop Advanced Carbon Capture Power Plant

ThermoEnergy Corporation (TMEN.OB), a diversified technologies company engaged in the worldwide commercialization of patented and/or proprietary municipal and industrial wastewater treatment and power generation technologies, recently announced an agreement with Babcock Power, one of the world’s leading suppliers of technology, equipment, and services to the power generation industry, to pursue the development and commercialization of ThermoEnergy’s Integrated Power System (TIPS). TIPS converts coal, natural gas, oil and biomass into energy with near-zero air emissions. Utilizing pressurized oxy-fuel combustion technology, this system captures carbon dioxide in a clean pressurized form ready for sequestration or beneficial reuse such as secondary and tertiary…

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