Blog - Page 4422 of 5699

WednesdayOct 15, 2008 12:05 pm

Has Energy Conservation Finally Begun Showing in Oil Prices?

The price of oil, which has been on a rollercoaster as of late, has once again dropped. This time oil prices dipped below $75 a barrel today, which is a new 13-month low. A gallon of regular gas fell nearly 4 cents overnight to a new national average of $3.125, according to auto club AAA. Signs are not pointing to an increase in demand after the gasoline price drop. The Organization of the Petroleum Exporting Countries (OPEC) said rich nations in 2009 are expected to need only 400,000 barrels a day more oil than this year. Total oil consumption dropped…

WednesdayOct 15, 2008 11:57 am

Paulson Says to Investors – This Too Shall Pass

Paulson Says to Investors - This Too Shall Pass Waking up this morning and turning on "Good Morning America," we heard a new familiar voice. Treasury Secretary Henry Paulson spoke up about the economy stating, "This will take time. There will be challenges." It’s funny how most people never really knew who he was or what type of power he wielded until this economic downturn started to take place. President Bush, Paulson and Fed Chairman Ben Bernanke are all calling out to reassure anxious Americans that relief will come. "Stabilization of the financial markets is a critical first step, but…

WednesdayOct 15, 2008 11:55 am

Coca-Cola (KO) Once Again Beats Wall Street Estimates – 3Q Profits Up 14%

Coca-Cola has been able to weather the economic uncertainties in today’s markets because of the global nature of the company - a good benchmark of a good investment. The company saw a 5 percent increase in case volume in the quarter, including 3 percent growth in carbonated drinks and 10 percent growth in noncarbonated drinks, including juices and bottled water. International sales volume grew 7 percent, with particular strength in countries such as China, Turkey, India, Pakistan and Nigeria. "This is well ahead of expectation and should help allay fears that global macro pressures will cause significant demand deterioration," Goldman…

WednesdayOct 15, 2008 11:53 am

HS3 Technologies, Inc. (HSTH.OB) Means “One-Stop-Shop” Security

In today's environment of global instability, intensifying threat levels are creating a growing need for improved security and real-time surveillance. Locations including transit systems, waterworks, chemical plants, atomic energy facilities, ports, borders, utility sites, oil pipelines, gas pipelines, refineries, schools, and commercial enterprises are especially vulnerable to security breaches and terrorist attacks. HS3 brings together technologies, services, and people to provide customers with complete integrated solutions to mitigate these security risks. HS3 is a “one-stop-shop” in the security industry, addressing security needs through a combination of cutting-edge technology utilizing hard-line, soft-line and service related products. The Company’s products and services…

WednesdayOct 15, 2008 11:49 am

NeoPharm, Inc. (NEOL) Signs a Cooperative Research and Development Agreement with the National Institute of Neurological Diseases and Stroke (NINDS)

Our Director of Marketing’s Grandfather died of a massive brain tumor when she was only about a year old. His last days were a combination of comatose and automatic speaking. He recited every line that he had ever spoken on stage (he was in the entertainment industry). Although she doesn’t remember it, it was very traumatic for her family. Recurrent Glioblastoma Multiforme is the most common type of malignant primary brain tumor in adults. Treatment success has not significantly changed over the last 20 years, with most patients living less than one year after diagnosis despite aggressive surgery, radiation and…

WednesdayOct 15, 2008 11:45 am

Strategic Diagnostics (SDIX) Hires Francis DiNuzzo as New President and CEO

Strategic Diagnostics Inc. currently provides biotechnology-based detection solutions for a broad range of food, water, agricultural, industrial, environmental, and life science applications. Francis DiNuzzo has been with Strategic Diagnostics as their Executive Vice President and Chief Commercial Officer since February of 2008. “He has served us well in his role as interim CEO, and we have determined that Fran is the right person to lead the company forward,” said Grover C. Wrenn, chairman of the Board. This promotion has been welcomed by Mr. DiNuzzo, who has spent more than 26 years in leadership positions in the life and analytical science…

WednesdayOct 15, 2008 11:45 am

Blue Earth Solutions, Inc. (BEWSN.OB) Receives Approval for Two New Foam Recycling Facilities in Texas

We have a soft spot in my heart for “Green” companies and this one is such a unique offering. Blue Earth Solutions provides practical, economical and environmentally friendly polystyrene recycling using its patented StyroSolve™ system to produce high quality recycled polystyrene pellets suitable for use in virtually all EPS manufacturing applications. They provide a biodegradable solution to recycle EPS foam and re-manufacture high quality polystyrene pellets. Their two new recycling plants have been approved by the Gulf Coast Waste Disposal Authority Board of Directors. This approval reflects the second of a series of planned municipal bond offerings nationwide for the…

WednesdayOct 15, 2008 11:40 am

CytRX Corporation (CYTR) and affiliate RXi Pharmaceuticals Sign Exclusive Worldwide License for Oral RNAi Therapies

RXi Pharmaceuticals, in which CytRx Corporation holds a 45% stake, has signed an agreement with the University of Massachusetts Medical School for an exclusive worldwide license to certain technology for the oral delivery of RNAi therapeutics. RXi Pharmaceuticals is a discovery-stage biopharmaceutical company pursuing the development and commercialization of proprietary therapeutics based on RNA interference (RNAi) for the treatment of human diseases. This new agreement expands the delivery options and aids in delivery of RNAi therapies. For those of you who are unfamiliar with RNAi, it is a naturally occurring mechanism for the regulation of gene expression that has the…

WednesdayOct 15, 2008 9:51 am

IMAX Corp. (IMAX) Scores Again In Europe

IMAX Corporation (NASDAQ:IMAX, TSX:IMX), the popular giant screen entertainment company based in New York and Toronto, has scored a second big win in Europe, this time with ODEON Cinimas, Europe’s largest exhibitor. IMAX announced today that ODEON has agreed to install two IMAX® theaters in the London area, less than two weeks after announcing a deal with Austria’s largest exhibitor, Cineplexx Kinobetriebe Gmbh, to install three IMAX theatres in Austria. The ODEON deal also represents another major step in IMAX’s global expansion with its new digital projection system. IMAX has already secured contracts for more than 180 of the advanced…

WednesdayOct 15, 2008 8:10 am

Evergreen Solar Inc. (ELSR) Adds another Stream of Revenue, Signs Quad Furnace Licensing Agreement with EverQ GmbH

Even though the “modern” solar power manufacturing and marketing sector has been around for 30-40 years, it is still considered a new business development area. Today’s technologies, involved in generating power from the sun, bear little resemblance to those of the 1970’s. Today’s solar power systems have taken technology to the next step, offering increased efficiencies and shorter payback time. The companies participating in these leaps forward, however, are still in their business infancy. They have the technology, product base and knowhow but lack that little extra to find the next level. There are several companies that have made the…

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