Blog - Page 4526 of 5566

MondayJun 02, 2008 5:03 pm

Under Armour, Inc. (UA) Announces 2008 All-American Baseball Game to Play at Wrigley Field

Under Armour, Inc. (UA) is a developer, marketer, and distributor of branded performance apparel, footwear and accessories. The company’s headquarters are in Baltimore, Maryland, with European headquarters in Amsterdam (the Netherlands) and additional offices in Denver, Colorado; Hong Kong and Guangzhou, China; and Toronto, Ontario, Canada. Under Armour products are sold worldwide and worn by athletes of all ages and skill levels. Last week the company announced that the 2008 Under Armour All-American Baseball Game will be played at the historic Wrigley Field on Sunday, August 17. This marks the first year that the event - previously known as the…

MondayJun 02, 2008 4:59 pm

Tragic International Story Shows Need for Companies Like MedeFile International Inc. (MDFI.OB)

An article recently published by ABC News tells the story of an elderly couple, Don and Marlene Bryce, who took a cruise to the Mediterranean aboard a Holland America vessel. Unfortunately, tragedy struck on what was supposed to be the vacation of a lifetime, celebrating Don's retirement. According to the ship's records, Don became ill a little over a week into the trip. After several calls to the onboard physician, Marlene reported no improvement in her husband’s condition. Four days later, on the floor of their cabin, Don Bryce passed away from a massive heart attack. While it has been…

MondayJun 02, 2008 4:56 pm

Pluristem Therapeutics Inc. (PSTI) Conducts Trials Showing Product Advancement

Pluristem Therapeutics works to commercialize cellular biotherapies for the treatment of several degenerative, ischemic and autoimmune conditions. In a release that was largely overlooked last week, Pluristem conveyed the success of recent clinical trials, showing the pronounced effectiveness of its PLacental eXpanded (PLX) cells in treating inflammatory bowel disease (IBD). Pluristem defines its PLX product as mesenchymal stromal cells (MSCs) that have been expanded using the company's proprietary PluriX™ 3-D bioreactor. Basically, MSCs are undifferentiated, protoplasmic placental cells. In the study, mice which were afflicted with IBD were administered PLX cells intrarectally, while a control group was treated with a…

MondayJun 02, 2008 3:58 pm

June 2nd CEOcast Weekly Newsletter

Companies featured in the current edition of the newsletter: ACCP, ACCY, AFMI, CBMC, CETG, CKGT, CLXS, GNBT, GSPG, HSOA, PLKH, PSTI, RVEP, TSXV: SEE, SWVC, XCR For the month of May the Dow was the only major average that lost ground as it was held back by a 22% decline in AIG. Conversely, the S&P 500 rose 1.1%, the Nasdaq jumped 4.6%, the S&P 400 surged 5.1% and the Russell 2000 gained 4.5%. Last week, a short week of trading produced some positive results for investors with long positions as each of the major indices scored gains in excess of…

MondayJun 02, 2008 3:05 pm

Popular Mechanics Takes a First Look at Hybrid Technologies, Inc. (HYBR.OB) New Supercar

Recently, Hybrid Technologies, Inc. (HYBR.OB) shared its much-anticipated, high-performance sports car with Popular Mechanics. Hybrid is one of the emerging leaders in the development of 100 percent electric-powered products worldwide. The Progressive Automotive X Prize (AXP) competition, sponsored by Progressive Insurance, has inspired Hybrid to develop its latest entry into the highly-competitive electric vehicle market. Those at Popular Mechanics who have seen the vehicle report that Hybrid's super car "crushes Prius and Corvette." Ron Cerven, a project development engineer, stated that the AXP car’s design will center on the drivetrain and the passenger’s level of comfort. In many exotic vehicles,…

MondayJun 02, 2008 3:04 pm

Last Mile Logistics Group, Inc. (LMLG.OB) Revenues for First Quarter Increase 37%

Last Mile Logistics Group, Inc. (OTCBB: LMLG) reported an increase of 37% in revenues for the first quarter of 2008. This prosperous increase follows last year's increase of 47% compared to the fourth quarter of 2006. Although fuel costs have increased dramatically in the past couple of months, the company's gross margin also increased in the first quarter of 2008 by 26%, totaling $230,207. This increase is attributed to the growth in revenue and fuel surcharge agreements with customers to offset these cost increases. Increases in revenue are attributed to business from a major new client for the home delivery…

MondayJun 02, 2008 3:02 pm

Kintera, Inc. (KNTA) To Be Acquired by Blackbaud, Inc. (BLKB)

Kintera, Inc. (NASD: KNTA) announced that they will be acquired by Blackbaud, Inc. (NASD: BLKB) in a cash tender offer for $1.12 per share, or a total price of $46.0 million. The acquisition makes sense since Kintera is a leader of on-demand solutions for nonprofit organizations in the United States, whereas Blackbaud is the leading provider of software and related services designed specifically for nonprofit organizations. At the closing of Friday's stock trading, Kintera's stock rose 58.82%. Kintera's current president and CEO, Richard LaBarbera, will continue with the company's operations in San Diego and their other locations, "Joining with Blackbaud…

MondayJun 02, 2008 3:00 pm

Solei Systems Inc. (SOLI.PK) is “One to Watch”

Solei Systems Incorporated is an industry leader in the field of tanning and LED products. These products range from state-of-the-art tanning equipment to non-invasive medical procedures using the latest in LED technologies. The company holds several patents on its unique technologies and has several more filed and pending. Solei Systems operates in three divisions: Intelligent Tanning Systems (ITS), Light Therapy Systems (LTS) and BioScience Systems, all of which manufacture their own equipment in-house, which greatly reduces costs and increases efficiency. As of May 2, 2008, the company began trading on the Pink Sheets exchange, and CEO Paul Spivak anticipates that…

MondayJun 02, 2008 2:58 pm

Genta Inc. (GNTA.OB) Releases Positive Results of Regarding its Bone-Loss Treatment

Bone loss is associated with many different diseases, such as osteoporosis, metastasis in cancer, Parkinson’s disease, Paget’s disease and hypercalcemia. Regardless of its derivative, accelerated bone loss can hinder everyday tasks. Genta Inc. (OTCBB: GNTA) is a biopharmaceutical company with a diversified product portfolio focused on developing innovative products aimed at the treatment of cancer and diseases associated with accelerated bone loss. The company today announced its final results for its phase 1 clinical trial of G4544, a proprietary small molecule intended to treat diseases associated with accelerated bone loss. G4544 is a new tablet formulation using delivery technology developed…

MondayJun 02, 2008 2:57 pm

Wave Systems Corp. (WAVX) Joins Prominent Industry Leaders with Permanent Seat on Board of TCG

Wave Systems (Nasdaq: WAVX) provides software solutions for enterprise PC security challenges such as data protection, authentication, network access control and the management of each function. Today the company announced it has accepted an invitation to join a permanent seat on Trusted Computing Group’s board of directors. Wave will join permanent members AMD, HP, IBM, Infineon, Intel, Lenovo, Microsoft, Sun and Seagate Technology on the board, and will upgrade its membership status to “Promoter.” "On behalf of the Trusted Computing Group, I'm pleased to announce the addition of Wave Systems as a permanent member of the board and a valued…

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