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FridayMar 14, 2008 5:45 pm

Despite Weakened Q4 and Year-End Results, Renovis, Inc. (RNVS) Shares Climb

Renovis, Inc. (NASDAQ: RNVS) shares took a steady climb up the charts this week, stopping at $2.57 at the market’s close. Today, the biopharmaceutical company announced its financial results for the fourth quarter and year ended Dec. 31, 2007, posting a decrease in revenues and net loss, while lowering R&D and overhead expenses. Revenue for the fourth quarter and fiscal 2007 was $1.3 million and $9.8 million, respectively, as compared to $2.2 million and $10.4 million for 2006. Focused on the discovery and development of pharmaceuticals for the treatment of neurological and inflammatory diseases, Renovis attributes the change in revenues…

FridayMar 14, 2008 5:41 pm

General Electric Co. (GE) – Immelt Says Growth Solid

Jeff Immelt, the CEO of General Electric Co. (NYSE: GE), the large diversified industrial, financial and entertainment complex, said on March 12 that GE’s prospects for 2008 remain on course despite the difficult economy. Immelt acknowledged the difficult business climate, but maintained that the company would see a revenue growth of $195 billion this year, a ten percent increase over 2007. 2007 saw GE increasing its revenue fourteen percent. Immelt also pointed out that earnings per share growth should likewise see ten percent growth in 2008. While these numbers may appear modest to traders and investors looking for growth, when…

FridayMar 14, 2008 5:34 pm

Advanced Content Services, Inc. (ADCS.PK) Clarifies Items of Interest – Up 40% on Thursday

Advanced Content Services, Inc. (OTC: ADCS) recently released an announcement from chief executive officer, S. Shawn Spahr, to clarify items of interest with the company’s shareholders. In recent weeks, the company has been contacted by a number of shareholders regarding specific issues regarding operations. When ADCS purchased the shell company to transition into the public market, there were some outstanding potential liabilities associated with the shell that had not been adequately disclosed during the due diligence phase. Spahr has stated that these potential liabilities are being dealt with aggressively. Additionally, ADCS is actively working with Pinksheets.com to update all corporate…

FridayMar 14, 2008 9:48 am

Julie Gilbert – Best Buy Co. Inc. (NYSE:BBY)

Julie Gilbert has touched the lives of tens of thousands in her role at BestBuy Co. Inc. (BBY) as the Senior Vice President of Retail Training, Leadership Development and Women’s Leadership Forum (also known as WoLF). In her positions, she leads Best Buy’s innovation and guides the Company’s plan of increasing its market share with female customers, who believe-it-or-not outspend men in today’s consumer electronics industry. Julie’s greatest passion is empowering others to help them become leaders. In fact, she previously did this for quite awhile as a side hobby by randomly visiting stores and mentoring the employees who wanted…

FridayMar 14, 2008 9:48 am

Carolyn Corvi – Boeing Co. (NYSE:BA)

When Carolyn Corvi was nominated to join Boeing’s MIT Sloan Management program thirty-one years ago, she went down in the Company’s history as the very first female nominee. Since then she has seen more women find their place in the Company’s leading roles. She said, “Where I saw real change was in the early 1980s, when younger people came to work here came from families where moms and sisters or other women they were associated with already had careers. They did not act like a woman was out of place or different because, from their orientation, it was normal." Not…

FridayMar 14, 2008 9:47 am

Ann Livermore – Hewlett-Packard Co. (HPQ)

When Ann Livermore was only 12, she persuaded her father to teach her how to drive. Imagine that! There’s even car paint on the pole of a basket ball hoop to prove it! Even though Ann had diabetes as a child, she did not let it stop her from becoming a tennis doubles champion or captain of her high school basketball team. Not only was she known as one of her school’s best athletes, but also for her academic brilliance. She won a prestigious Jim Motley Morehead scholarship before heading off to college. Ann’s older sister, who probably pestered Ann…

FridayMar 14, 2008 9:36 am

Wall Street News Alert Featured Company: CyberDefender (CDYE.OB) Enters into Agreement with Offerpal Media

CyberDefender (OTCBB: CDYE) recently announced that they have entered into a partnership with Offerpal Media. This partnership will allow CyberDefender to offer solutions to the user for free and incorporate new alternative solutions to protect users in social networks such as MySpace, Facebook, Xuqa, and others. Offerpal Media is a Web 2.0 company that uses its reach in social networks to generate new trials, thereby converting trial-ware users into paying customers. Offerpal has over 500 premier advertisers including Netflix, FlyCell, GameFly, Stamps.com, The Gap, Old Navy, Blockbuster, eBay, DirectTV, Discover, and Sony. CyberDefender utilizes a fluid, threat-based distribution system of…

FridayMar 14, 2008 9:33 am

Biomagnetics Diagnostic Corp. (BMGP) Breaks the Mold for Diagnostics Industry

Biomagnetics Diagnostic Corp. (BMGP) is working to revolutionize the current diagnostic industry with its patented technologies. The High Throughput Screening Magnetic Testing Platform (HTS-MTP) will be Biomagnetic's first product to be released into the market. The HTS-MTP has been designed to detect a “target virus/bacteria” by measuring and defining a single paramagnetic microsphere attached to each virus/bacteria molecule. Rather than taking days or even hours for results of a virus presence, the HTS-MTP has the ability to detect the virus and count the viral load in minutes. As stated above, the HTS-MTP has the ability to detect both bacterial and…

FridayMar 14, 2008 8:20 am

Results from PhotoChannel Networks, Inc. (PNWIF.OB) Annual General Meeting

On March 6, 2008, PhotoChannel held its annual shareholders meeting where the following corporate policies and procedures were approved: - The company now has four board members, including elected management nominees. These are: Peter Fitzgerald, who serves as Chairman, President and CEO of the company; Peter Scarth, former President of PhotoCannel; and Cory Kent, a securities lawyer from the firm of Lang Michener and Thomas Nielsen, who holds the position of Director of Engineering for Adobe's Creative Professional Business Unit. - PricewaterhouseCoopers LLP, Vancouver office will serve as the company’s financial Auditor for the year. - The proposal to alter…

FridayMar 14, 2008 7:34 am

Lebed.biz Featured Company: MEMC Electronic Materials Inc. (WFR) Projects Remarkable Cash Position and Two New Solar Contracts for 2008

As electronic products evolve and morph with continuing use, the basic building blocks, or wafers, that make them run change relatively little. The product’s development is not static and technological advances do occur, but the basic wafer technology that keeps our gadgets and electronic machines operating and advancing in their own right remains rooted in the basic principles of that same wafer technology. Using those basic principles to test and advance the downstream products they help to create is where a hidden and cash-rich profit center exists. MEMC Electronic Materials Inc., a wafer and intermediate materials manufacturer to the electronic…

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