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FridayMay 16, 2008 4:54 am

Versatile CytRx Corp. (CYTR) Technology Lends Strength to Stock

The revolutionary molecular chaperone amplification technology of this company is a breakthrough for the Biotechnology & Drugs Industry. It brings the regeneration of nerve fibers from the science fiction of the past to the realm of reality. This is no matter for academic appreciation alone, because one of the worst side-effects of poorly managed diabetes is the irreversible effects of decay it has on the nervous system. Diabetes is one of the most rapidly growing diseases of modern societies, with special vulnerabilities for certain ethnic groups. This Los Angeles, CA based company has a May 2008 market capitalization of less…

FridayMay 16, 2008 4:52 am

Acorn Energy, Inc. (ACFN) Obtains Exclusive Worldwide Marketing Rights to Solucorp Industries IFS-2C Technology

Acorn Energy, Inc. (ACFN) is a company focused on improving the efficiency of the energy grid and reducing the environmental impact of the energy sector. Acorn’s operating companies leverage advanced technologies to transform the existing energy infrastructure. The company has equity interests in Comverge, CoaLogix, DSIT, Gridsense, Local Power and Paketeria. The company recently announced that CoaLogix has obtained the exclusive worldwide marketing rights to Solucorp Industries IFS-2C technology for the fixation of heavy metals, such as mercury, for the electric power generation industry. Solucorp’s proprietary technology, which has been tested successfully in the United States, provides a value-added alternative…

FridayMay 16, 2008 4:51 am

United States Patent and Trademark Office Denies Stinger Systems Request for Reexamination of TASER International, Inc. (TASR) Patent

TASER International, Inc. (TASR) produces advanced Electronic Control Devises (ECDs) for use in the law enforcement, medical, military, corrections, professional security, and personal protection markets. TASER devices use proprietary technology to incapacitate dangerous, combative, or high-risk subjects who pose a risk to law enforcement officers, innocent citizens, or themselves in a manner that is generally recognized as a safer alternative to other uses of force. The company, which has been in business since 1993, is headquartered in Scottsdale, Arizona. The company announced this week that the Director of the United States Patent and Trademark Officer (USPTO) in an office action…

FridayMay 16, 2008 4:49 am

IMAX Corp. (IMAX) Announces Deal with DreamWorks Animation for Fifth Release

IMAX Corporation (IMAX), headquartered jointly in New York City and Toronto, Canada, is the one of the world’s leading entertainment technology companies. The company’s emphasis is on film and digital imaging technologies including 3D, post-production and digital projection. IMAX also designs and manufactures cameras, projectors and consistently commits significant funding to ongoing research and development. The company announced this week an agreement to release Madagascar: Escape 2 Africa into IMAX® Digital theaters worldwide on November 7, 2008. The agreement completes IMAX’s integration into DreamWorks Animation’s release strategy for the studio’s next five theatrical releases from June 2008 to May 2010.…

FridayMay 16, 2008 4:47 am

Abercrombie & Fitch Co. (ANF) Announced First Quarter 2008 Earnings Results

Abercrombie & Fitch (NYSE: ANF) through its subsidiaries operates as a specialty retailer of casual apparel for men, women, and kids, recently announced first quarter 2008 earnings results. The company operates 353 Abercrombie & Fitch stores, 202 Abercrombie stores, 457 Hollister Co. stores, 23 RUEHL stores and 5 Gilly Hicks stores in the United States at the end of fiscal April. The company reported net sales of $241 million for the four-week period ended May 3, 2008, an 18% increase over net sales of $204.6 million for the four-week period ended May 5, 2007. Year-to-date, Abercrombie & Fitch has reported…

FridayMay 16, 2008 4:28 am

Dollar Tree, Inc. (DLTR) Posts 2.1% Higher First Quarter Same Store Sales

Dollar Tree (NASDAQ: DLTR), the nation's largest $1.00 discount variety store chain as it operates 3,474 stores in 48 states, recently announced a 2.1% increase in same store sales during the first quarter. In addition, the company recorded a 7.8% increase in total sales. Dollar Tree sales’ during the first quarter were driven by food, health and beauty care, and party supplies. Customers will continued to be pressured by rising prices in 2008, which will add strength to Dollar Tree’s sales going forward. "Sales were strong throughout the quarter and exceeded guidance," President and CEO Bob Sasser said. "Dollar Tree…

ThursdayMay 15, 2008 6:36 pm

Sirius Satellite Radio Inc. (SIRI) Lou Reed Hits the Airwaves Again, Launching Eclectic Weekly Show for SIRIUS Disorder

SIRIUS Satellite Radio (Nasdaq: SIRI) today announced Lou Reed, Rock & Roll Hall of famer and legendary singer-songwriter, will host his own weekly show, exclusive to SIRIUS Disorder channel 70, beginning May 17, 2008, at 6 p.m. ET. Experimental producer Hal Willner will co-host the show, featuring a wide variety of music, including rock, jazz and blues, folk, opera and more, spanning popular artists such as Bob Dylan, Bob Marley, White Stripes, Johnny Cash, Bonnie Raitt, Beck and more. “For years, I've always been a fan of eclectic radio, such as FM radio in the past when you could hear…

ThursdayMay 15, 2008 6:35 pm

Mace Security International Inc. (MACE) Attributes Increase in Q1 Results Partially to Digital Media Marketing Segment

Mace Security International Inc. (MACE) manufactures personal defense and electronic surveillance products under the brand name Mace. The company also operates a digital media marketing, e-commerce business and car washes. Today the company announced its first-quarter results for the period ended March 31, 2008, posting an increase in revenues and net income. Mace Security reported net income for the quarter at $4 million, up from a loss of $658,000 reported in the first quarter of last year. Total revenues were $14.5 million, up from $9.8 million for the same quarter of 2007. The company attributes the increase to its Digital…

ThursdayMay 15, 2008 6:33 pm

OTCPicks Featured Company: Warp 9, Inc. (WNYN.OB) Reports Financial Figures

Warp 9, Inc. (OTCBB: WNYN) announced their financial earnings for the third fiscal quarter ended March 31, 2008. The company is pleased to report a 353% increase of net income from over a year ago, as it rose from $26,405 to $119, 615. Revenue fell to $580,477 from $771,989, but the decline was primarily caused by the elimination of pass-through marketing expenses. As for gross margins, they grew to a record 95%. "We continue to work hard to complete the company's turnaround. Management's efforts have been focused on improving the company's balance sheet and we are pleased with the progress…

ThursdayMay 15, 2008 6:31 pm

OTCPicks Featured Company: SouthPeak Interactive Corporation (GSPA.OB) Goes Public

As one of the rapidly growing video game publisher, SouthPeak Interactive Corp. (OTCBB: GSPA), announced they have gone public through the completion of their transaction with Global Services Partners Acquisition Corp. The company changed their name from Global Services to SouthPeak upon the closing of the acquisition, which allowed them to also complete institutional financing. The company has been growing at an alarming pace, as their unique production model utilizes independent studios to source and produce innovative video games. The company can maximize operational flexibility and profitability by leveraging leading talent in the development sector and minimizing fixed overhead. The…

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