Blog - Page 4683 of 5554

WednesdayMar 19, 2008 4:56 pm

Volatility Continues After Fed Moves

After the Federal Reserve’s historic move Sunday night to bail out ailing Bear Stearns (NYSE: BSC), and Tuesday’s Fed move to cut the interest rate, stock markets responded by resuming their volatility. The markets have continued to react with intensified daily volatility as this latest period of robust buying and selling kicked into high gear last Friday, when Bear Stearns' troubles became public. With JP Morgan-Chase (NYSE: JPM) and the Fed springing into action on the heels of Bear Stearns’ announcement of liquidity problems last week, the market averted a potentially massive sell-off on Friday. By Monday, the Fed’s additional…

WednesdayMar 19, 2008 3:24 pm

FluroPharma Medical, Inc. (FPMI) Commences Phase I Clinical Trial for BFPET

FluoroPharma Inc., a company developing breakthrough cardiovascular molecular imaging agents for the Positron Emission Tomography (PET) market, announced commencement of Phase I clinical trials for BFPET, following institutional review board (IRB) approval of the proposed studies. The Phase I trial is a single center, open label study, designed to evaluate safety, distribution and dosimetry of BFPET as a PET tracer for myocardial perfusion imaging in healthy subjects. The study will be led by Dr. Alan Fischman, Professor of Radiology at Harvard Medical School and former Director of the Nuclear Medicine Division at Massachusetts General Hospital. BFPET is FluoroPharma’s second cardiovascular…

WednesdayMar 19, 2008 12:08 pm

Universal Detection Technology (UDTT.OB) Receives Order from Kadinuo Science and Technology of China

Universal Detection Technology (UDTT) announced that it has received a purchase order from Kadinuo Science and Technology of Beijing. For the last 10 years, Kadinuo has focused on introducing and promoting advanced radiation detection instruments to the Chinese market. It is currently one of the largest and most successful radiation detection instrument suppliers in China. ”We are very pleased to have received our first purchase order for these products from China. This is obviously a very large market and like any other has security concerns, relating to threat of Biological Weapons and Toxins and we are glad to be providing…

WednesdayMar 19, 2008 11:57 am

On the Straight and Narrow: Heelys, Inc. (HLYS) Announces Patent Agreement, Complies With Listing Rule

Shares of Heelys, Inc. (HLYS) spiked to an intraday high of $4.56, up 10 cents, after the company announced a settlement over patent and trademark infringement in which Elan-Polo, Inc. will pay the Dallas-based company a total of $1.4 million. Further bolstering the stock price, Heelys announced the appointment of Jerry R. Edwards to its board of directors, putting the company back in compliance with an important listing rule. Heelys signed a licensing agreement giving wholesale footwear merchant Elan-Polo the rights to manufacture and sell a certain style of shoe skates with non-removable wheels to an approved list of retailers…

WednesdayMar 19, 2008 11:53 am

Stock Guru Featured Client: Amaru, Inc. (AMRU.OB)

Amaru, Inc. (AMRU.OB) is a provider of interactive entertainment-on-demand, education-on-demand and E-commerce solutions which stream over broadband channels, Internet portals and Third Generation (3G) devices. The company operates in the global Broadband Media Entertainment industry through its subsidiaries under the M2B brand. The Amaru portfolio includes: M2B World Inc., M2B World Pte Ltd., M2B Australia Pty Ltd., M2B Entertainment Inc., M2B Commerce Limited, and M2B World Travel Limited. Amaru, Inc. has launched multiple Broadband TV and integrated shopping websites. These websites consist of multiple channels of content that are designed to target specific viewer profiles and lifestyles within particular local…

WednesdayMar 19, 2008 11:48 am

Stock Guru Featured Client: Advanced Medical Isotope Corporation (ADMD.PK)

Advanced Medical Isotope Corporation (ADMD.PK) develops advanced production systems and processes in the nuclear medicine industry. The Company’s primary focus is on making previously unavailable medical isotopes, such as radioisotopes and stable isotopes, more available to the medical marketplace. In addition, the company leads the way to advanced systems for local product production. The company encourages using less invasive therapeutic processes, liked medical imaging, rather than highly invasive surgical approaches in the diagnosis and treatment of diseases like cancer. Advanced Medical has the rights to an advanced design compact system. This system is used in a series of medical radioisotopes…

WednesdayMar 19, 2008 11:38 am

Genius Products, Inc. (GNPI.OB) Licenses Home Entertainment Digital Rights to Outside Partners

Trevor Drinkwater, President and CEO of Genius Products, announced today that the company has signed non-exclusive rights agreements with CinemaNow, Inc., Netflix, Inc. (NASDAQ:NFLX), and VUDU, Inc. The agreement allows these three companies to license selected digital content for distribution through their networks in the United States, which will significantly expand Genius' ability to deliver programs to consumers. According to the agreement, CinemaNow, Netflix and VUDU will have non-exclusive rights to digitally deliver and distribute certain non-Weinstein Genius Products’ titles that have been mutually agreed upon by Genius Products and the licensees. Genius management is looking forward to these new…

WednesdayMar 19, 2008 10:11 am

Inca Designs, Inc. (IDGI.PK) is “One to Watch”

Inca Designs is a boutique design house focused on creating, marketing and distributing a line of swimwear, resort wear, and accessories under the brand names of INCA, INCA Girl, INCA Bag, and INCA Junior. The Company's unique designs, distinct brand, and premiere product positioning cater to customers seeking a "resort lifestyle experience." The Company’s cross-generational collection features beautiful fabrics offered in an array of price points. Inca Designs seeks to fill the demand for luxury-inspired swimwear, resort wear and accessories at an accessible price point. Their collection embodies cohesive, stylish, yet wearable clothing and accessories for women and girls of…

WednesdayMar 19, 2008 9:56 am

NetSol Technologies Inc. (NTWK) Announces Release of New LeasePak Data Management Module

NetSol, a multinational provider of IT services and enterprise solutions to the financial services industry, announced the release of LeasePak Asset Focus Module. The module gives product managers a means of tracking revenue performance of financed assets, which was traditionally done by tracking each individual contract. The LeasePak will give vehicle and commercial equipment finance product managers a way to measure performance by tracking individual or aggregated assets across multiple contracts and customers. Najeeb Ghauri, NetSol CEO and Chairman said, "NetSol's customers need to measure the ROA (return on assets) of the assets they have financed and to offer their…

WednesdayMar 19, 2008 9:53 am

Purple Beverage Company, Inc. (PPBV.OB) Signs Distribution Agreement with Crosset Company

Purple Beverage Company, Inc, a producer of nutritional New Age beverages, announced that it has signed with Crosset Company, a grocer distribution company with a diverse product line, for the placement of its beverage in specific outlets throughout the Midwest. Ted Farnsworth, Purple Beverage Company's Founder and CEO commented, "We are very excited to partner with Crosset Company to introduce Purple to the Midwest. With the addition of Crosset's ten-state distribution base, Purple will reach consumers in the heartland and enhance our national distribution program." Tim Shepart, Director of Procurement for Crosset Company said, "The decision to add Purple to…

Site Search

Company Search