Blog - Page 4729 of 5589

FridayMar 14, 2008 4:38 am

Shares of Home Diagnostics, Inc. (HDIX) Jump After Earnings Beat Estimates

Shares of Home Diagnostics, Inc. (HDIX) jumped 13 cents, or nearly 2 percent, Thursday to close at $6.88 after the manufacturer of diabetes testing supplies beat fourth quarter earnings estimates by 4 cents. The Fort Lauderdale, Fla.-based company saw non-GAAP adjusted net income reach $2.2 million, or 11 cents per share, up from $752,997, or 4 cents per share, the prior-year period. GAAP net income was $100,000, adjusted for a non-recurring legal settlement expense. Revenue was $27.8 million, up 3.3 percent from $26.9 million in the fourth quarter of last year. The company’s continued expansion into the Canadian retail and…

FridayMar 14, 2008 4:35 am

Biomagnetics Diagnostics Corporation (BMGP.PK) Hoping to Revolutionize the Medical Device Market

Working through their subsidiary, Biospectrum Technologies, Biomagnetic Diagnostics Corporation (OTC: BMGP) attains revolutionary patented technologies that can potentially revitalize the diagnostic industry. The company's first product being prepped for the health care market is the High Throughput Screening – Magnetic Testing Platform (HTS-MTP). The current price for a laboratory conformity test, more commonly known as Western Blot, is between $35 and $50, with a screening test set between $2.5 and $5. If a person is infected, they are often given a periodic viral load test that measures the amount of virus in an infected person. These tests cost between $80…

FridayMar 14, 2008 4:31 am

Hudson Technologies (HDSN) Announces Fourth Quarter and Year End 2007 Results

Hudson Technologies, Inc, a leading provider of innovative solutions to recurring problems within the refrigeration industry, announced their results for the fourth quarter. Revenues for the year ended December 31, 2007 were $26,894,000, an increase of 14.7% from $23,451,000 in 2006 Chairman and Chief Executive Office of Hudson Tech, Kevin J. Zugibe said, “2007 was a very significant year for Hudson. The increase in revenues for the year was driven by refrigerant sales as we continued to expand and strengthen our offerings to the commercial and industrial air conditioning and refrigeration markets. In addition, during 2007 the Company’s ownership was…

FridayMar 14, 2008 4:28 am

Accentia Biopharmaceutical, Inc. (ABPI) Announced Revimmune™ Has Been Awarded Frost & Sullivan Multiple Sclerosis Product Innovation Reward

Accentia Biopharmaceuticals, Inc, a vertically integrated biopharmaceutical company, announced March 13th that Revimmune™, the company’s potential therapeutic for refractory, relapsing-remitting Multiple Sclerosis (MS). If approved will be the first product capable of restoring neurological function, and has been awarded the Frost & Sullivan Multiple Sclerosis Product Innovation of the Year Award, which is presented to companies in recognition for an outstanding contribution. The Company’s intent is to file an Investigational New Drug Application, with a goal to commence Phase 3 MS clinical trials this year. Barath Shankar Subramanian, Frost & Sullivan Analyst commented, “The primary endpoint of Accentia’s planned Revimmune Phase…

FridayMar 14, 2008 4:20 am

Move Inc. (MOVE) Appoints Mike J. d’Almada-Remedios, PhD Chief Technology Officer

Move, Inc., an online real estate leader, announced it has appointed Mike J. d’Almada-Remedios, PhD, Chief Technology Officer of the Company. D’Almada-Remedios will lead MOVE’s team of global engineers and IT staff and direct the Company’s calculated technology initiatives, thus meeting consumer needs in a fast growing market. Lorna Borenstein, President of Move, Inc. said, “We're delighted to welcome Mike to Move's executive team of industry experts during this important time in our company's development. He is a proven talent that comes to us from the leader in e-commerce and comparison shopping -- two critical areas for Move and our…

ThursdayMar 13, 2008 4:04 pm

What’s Next for Washington Mutual (NYSE:WM)?

With the stock recently falling under the $10 a share mark, its low in the last dozen years, its S&P bond rating lowered to BBB+, facing mounting losses from bad mortgage loans, headed up by a CEO, and a board under attack for bad management and excessive compensation. What will become of Washington Mutual (NYSE: WM)? Washington Mutual, one of the oldest savings banks in the nation, is a savings and loan holding company with a market cap of $10.5 billion dollars. It generated over $25 billion in revenue last year, but had a $67 million loss, or twelve cents…

ThursdayMar 13, 2008 3:57 pm

Martin Nutraceuticals Inc. (MNCL.PK) Launches Vital Slim Plus to Retail Market

Martin Nuraceuticals Inc. recently announced the highly anticipated retail launch of its new weight management product “Vital Slim Plus”. Vital Slim Plus will be available online within the next two weeks and on retail shelves shortly thereafter. It is designed to take the place of the very popular Maximum Slim product, which is still on the market while supplies last. Martin Nutraceuticals has added White Tea extract and Green Coffee bean to the formula and feels that the special ingredients will be a great enhancement for not only aiding in weight management, but in providing special anti-oxidant benefits. President of…

ThursdayMar 13, 2008 3:53 pm

Budget Waste, Inc. (BDGW.PK) Services Construction, Waste Hauling Industry; On Track for Record Revenue

Incorporated in 2001, Budget Waste, Inc. (Pink Sheets: BDGW) began as a waste hauling company in Calgary, Alberta, and surrounding area markets. The company also operates a weekly rural residential waste removal service, offering Monday through Friday curbside pickup times for neighborhoods and communities interested in the improvement of their local environment. In addition to neighborhood collection services, BWI also offers Hydro Vac services and vacuum trucks, recycling services, large and small roll-off trucks, and site services such as temporary construction fences and portable toilets. Utilizing a qualified management team, BWI offers cost-competitive services catering to various aspects of the…

ThursdayMar 13, 2008 2:57 pm

Chembio Diagnostics, Inc. (CEMI.OB) Posts 42% Increase in Revenue, Advances in Proprietary Technology

Chembio Diagnostics, Inc. (OTCBB: CEMI) today posted its financial results for the three and 12 months ending December 31, 2007, reporting a 42% increase in revenue, attributed to first-time sales of the company’s rapid HIV tests to its U.S. marketing partner and increased sales in both Africa and Mexico. The company reported its total revenue for 2007 at $9.2 million, up from $6.5 million in 2006; rapid HIV test revenue for 2007 increased to $7.9 million, up 79% from $4.4 million reported in 2006. "Our 2007 revenue growth is largely attributable to our entry into the U.S. market. The recent CLIA…

ThursdayMar 13, 2008 12:15 pm

Art Technology Group, Inc. (ARTG) Announces Equipment Trader’s Conversion to ATG’s Click-to-Call Technology

Art Technology Group, Inc. (ARTG) has announced that Equipment Trader has introduced enhanced calling capabilities for its advertisers based on Art Technology’s (ATG) eStara Click-to-Call service. Equipment Trader and Equipment Trader Online.com reach more than 1 million active equipment buyers each month. The company, headquartered in Norfolk, Virginia, is part of the Trader family of online vehicle classified advertising sites that includes BoatTrader.com, CycleTrader.com, RVTraderOnline.com, AeroTrader.com and CommercialTruckTrader.com. Equipment Trader allows both dealers and independent owners to easily access more active equipment buyers each month who are interested in researching and purchasing new and used equipment online. With the Web…

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