Blog - Page 4426 of 5774

WednesdayNov 05, 2008 5:00 am

Multi-Fineline Electronix, Inc. (MFLX) Announces 27.8 Percent Sales Increase in the Fourth Quarter 2008

Multi-Fineline Electronix, Inc. (NASD: MFLX), a leading global provider of high-quality, technologically advanced flexible printed circuit and value-added component assembly solutions to the electronics industry, recently announced the company’s financial results for its fourth fiscal quarter ended September 30, 2008. Net sales in the fourth quarter totaled $213.1 million, an increase of 27.8 percent from net sales of $166.7 million during the corresponding period one year earlier. Net income for the fourth quarter of fiscal 2008 jumped to $7.6 million, or $0.30 per diluted share, compared to net income of $3.0 million, or $0.12 per diluted share, for the same…

TuesdayNov 04, 2008 2:05 pm

Cell Genesys, Inc. (CEGE) – Ceregene Inc. Secures $5.4 Million in Funding for Phase II Studies

Ceregene Inc. concentrates on the delivery of nervous system growth factors to treat neurodegenerative disorders using gene delivery. Specifically, the company created CERE-110 for the treatment of Alzheimer’s disease, which affects millions of people in the United States. The company today announced the University of California, San Diego, has received a $5.4 million grant from the National Institute of Aging at the National Institutes of Health to support Ceregene’s phase II clinical study of CERE-100. "We are pleased to be involved in evaluating CERE-110 which we believe may be a promising therapy for Alzheimer's disease," Paul Aisen, M.D., principal investigator…

TuesdayNov 04, 2008 1:41 pm

PlayBOX (US) Inc. (PYBX.OB) is “One to Watch”

With headquarters in London, England, PlayBOX (US) Inc. is a global-media entertainment distribution company. They offer a broad range of distribution channels for new music artists and small-to-medium sized record labels. PlayBOX (US) Inc. acquires and consolidates growing companies that operate within media, entertainment, and technology markets. PlayBOX (US) Inc. seeks to accelerate growth and time to market for their acquired companies so they can immediately benefit from the company's broad content array, global distribution channels, and strategic alliances. PlayBOX (US) Inc.'s specialties are in IP exploitation, content, copyright ownership, distribution, promotion, and creation of entertainment content across several different…

TuesdayNov 04, 2008 12:57 pm

Performance Health Technologies, Inc. (PFMH.OB) Rehabilitation Technologies of Tomorrow

There are innumerable instances in which unfortunate medical circumstances create a need for neurological and muscular rehabilitation therapies. Answering the call is Performance Health Technologies, a leader in advanced physical therapy aids targeted at accelerating the recovery of stroke victims, injured athletes, and sufferers of a wide range of neuromuscular disorders. Developed by the company's staff of medical professionals and IT experts, the MotionTrack biofeedback monitoring platform is the foundation upon which PHT's impressive line of products are built. Using a set of proprietary software algorithms in conjunction with state-of-the-art inertial sensors, the MotionTrack system is designed to wirelessly detect…

TuesdayNov 04, 2008 12:54 pm

Saudi Arabia Complies With OPEC Decision to Cut Oil Output

Oil prices spiked more than ten percent on Tuesday, as word of substantially reduced Saudi oil exports reached investors' ears. The Middle Eastern kingdom has announced its intent to restrict the amount of oil that major companies can load this month by around 900,000 barrels. As the world's number one exporter of the substance, Saudi action in the oil trade holds a lot of sway with traders. Other crude-producing nations taking part in output cuts include the United Arab Emirates, Algeria, and Qatar. Let us hear your thoughts below:

TuesdayNov 04, 2008 12:53 pm

Greenback Falls, Sending Precious Metals Skyward

The U.S. dollar fell dramatically against other world currencies on Tuesday, boosting gold and other precious metals, which have been trading inversely to the greenback for several weeks. Even greater than that of gold, were the rallies seen in copper and silver futures. December-delivery copper jumped more than six percent to $1.955 per pound on Globex, while December silver rose to $10.40 an ounce, up from $9.75. Let us hear your thoughts below:

TuesdayNov 04, 2008 12:53 pm

Wall Street Rallies as Election Draws to a Close

The end of the 2008 presidential campaign brought some relief to investors this Tuesday, as the Dow Jones Industrial average soared as high as 9,633 before 12:00 PM EST. Historically, gains on Wall Street are a characteristic of Election Day, although there were other factors playing into Tuesday's upbeat sentiment. Interest rates among banks for short-term lending fell once again, as well as a better-than-expected third quarter earning report from credit-giant, MasterCard. Let us hear your thoughts below:

TuesdayNov 04, 2008 12:01 pm

A Look at Elray Resources Inc.’s (ELRA.OB) Prophyry Creek Project

Elray Resources, Inc. (ELRY.OB) is a junior exploration and development corporation with an established portfolio of highly prospective, heavily mineralized mining tenements in South East Asia and North America. The company intends on becoming a multi-region exploration and production mining company, holding multiple properties and focused on responsible exploration of mineral resources and maximizing shareholder value. Founded by senior executives and geologists with experience with the major gold production companies, Elray Resources has a duel strategy of identifying high value properties to prove up resources and acquiring properties that can quickly be brought to production stage for gold and other…

TuesdayNov 04, 2008 11:13 am

Juhl Wind Inc. (JUHL.OB) Reports Purchase of Next Generation Power Systems

Juhl Wind Inc. (Juhl) said today that it has purchased Next Generation Power Systems (NGPS) for 133,213 shares of Juhl stock. Juhl, which just went public in June, 2008, wants to take advantage of the anticipated growth in the demand for renewable energy sources. NGPS served a subsection of the wind power market not previously covered by Juhl. However, the companies were not unknown to each other prior to the merger and integration of NGPS into Juhl may be eased by the fact that Dan Juhl, current CEO of Juhl was also a shareholder of NGPS. Juhl focuses on the…

TuesdayNov 04, 2008 11:09 am

Microvision (MVIS) Gets Positive Test Results on Ultra-Miniature Mirror

Microvision, Inc., a global leader in miniature image display and capture systems for mobile devices, announced today that it has received important approval regarding a key component of the company’s PicoP display engines. The Fraunhofer Institute for Photonic Microsystems in Germany, an internationally recognized R&D institute for MEMS (micro-electromechanical systems), tested Microvision’s wide-angle MEMS scanning mirror, and validated shock-resistance susceptibility performance for the micro-sized device. Shock and drop reliability is critical for MEMS products handled by consumers on a daily basis. Microvision’s VP of R&D, Sid Madhavan, said “I’m pleased to confirm that our newest generation MEMS scanner has been…

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