Blog - Page 4945 of 5610

SundayDec 23, 2007 2:05 pm

Minera Andes, Inc. (MNEAF.OB) First Closing

Minera Andes Inc. (MNEAF.OB) announced that the company has completed their first closing on a CDN $35 million brokered private placement contract. As a result, gross proceeds from this contract totaled CDN $21.515 million; the company issued 13,880,645 units at a price of CDN $1.55. Each unit would consist of one common share and one-half of one common share purchase warrant. One whole common share purchase warrant entitles the holder to purchase one additional common share at an exercise price of CDN $2.00 per share until December 21, 2009. Minera Andes will use the proceeds to fund the company's operations…

SundayDec 23, 2007 2:03 pm

Pharmacyclics, Inc (PCYC) Receives Non-Approvable Letter from the FDA

Pharmacyclics, Inc. (PCYC) announced that the company has received a non-approvable letter from the U.S. Food and Drug Administration regarding the company's new drug application for Xcytrin Injection. This drug, used in combination with whole brain radiation therapy, would seek to treat non-small cell lung cancer in brain metastases. According to the National Cancer Institute, over 200,000 patients will be diagnosed with lung cancer this year. In the U.S, Lung cancer is the most common cause of brain metastases, which are estimated to occur in up to 50% of lung cancer patients. Richard A. Miller, president and CEO, stated "We…

SundayDec 23, 2007 2:03 pm

Answerthink, Inc. (ANSR) Shareholders Approve Name Change To ''The Hackett Group, Inc.”

Answerthink, Inc. (ANSR) announced that Shareholders have approved the company's proposed name change. As a result, Answerthink is to change their name to "The Hackett Group, Inc". The name change will officially take effect on January 1, 2008. However, the company's common stock will begin trading under the symbol "HCKT" January 31, 2008. Company executives are scheduled to participate in the Opening Bell Ceremony at the NASDAQ Stock Market on that date. Ted Fernadez, CEO, stated, "We believe that by placing more of our businesses under The Hackett Group umbrella we can take full advantage of the global market permission…

SundayDec 23, 2007 2:03 pm

Answerthink, Inc. (ANSR) Shareholders Approve Name Change To ”The Hackett Group, Inc.”

SundayDec 23, 2007 2:02 pm

Magna Entertainment Corp (MECA) Announces Agreement to Sell Excess Real Estate

Magna Entertainment Corp (MECA) announced that the company has entered into an agreement to sell 225 acres of excess real estate located in Ebreichsdorf, Austria. This property is to be sold to a subsidiary of Magna International, utilized solely for their automotive business venture. The closing of the transaction is expected to occur during the first quarter of 2008, pending satisfaction of customary closing conditions. Such conditions include obtaining all necessary regulatory approvals and licensing arraignments. The net proceeds received on closing will be used entirely to repay debt. Blake Tohana, Executive Vice-President and Chief Financial Officer of MEC, commented…

FridayDec 21, 2007 6:31 pm

SIGA Technologies, Inc. (SIGA) CEO Selected to Serve as Member of National Biodefense Science Board

SIGA Technologies, Inc. (SIGA), a company specializing in the development of pharmaceutical agents, announced the appointment of the company's Chief Executive Officer, Dr. Eric Rose, to serve as an inaugural member of the newly formed National Biodefense Science Board [NBSB]. The NBSB was created through the guidance of the Pandemic and All-Hazards Preparedness Act, initially constructed in December 2006. The NBSB seeks to provide expert advice and guidance to the Secretary of the Department of Health and Human Services regarding activities to prevent, prepare for and respond to adverse health effects of public health emergencies. These health emergencies can arise…

FridayDec 21, 2007 6:29 pm

CryoPort, Inc. (CYRX.OB) Ships Stem Cells for Celprogen

CryoPort, Inc. (CYRX.OB) announced that the company has successfully shipped stem cells from Southern California to Australia through the use of the CryoPort Express Shipper. Celprogen's CEO, Jay Sharma, commented, "The CryoPort Express shipper has provided a more secure, cost-effective alternative to dry ice as we ship our stem cell research and therapeutic products to customers around the world. In addition to Australia, we have successfully utilized the CryoPort Express shipper for shipments to many diverse locations, such as South Africa, Japan, United Kingdom and Germany and have found the extra holding time an important hedge against delays that may…

FridayDec 21, 2007 6:28 pm

Points International Ltd (PTSEF.OB) Offers New Way to Collect BA Miles

Points International Ltd. (PTSEF.OB) announced that the company has partnered with British Airways to introduce the BA Miles e-Store. The BA Miles e-Store will allow British Airway's customers to earn frequent flier miles when they purchase items online through this store front. Currently, the BA Miles e-Store consists of over 100 retailers, including johnlewis.com, HMV.com, comet.co.uk, waterstones.com and applestore.co.uk. Customers will be awarded between 2 and 12 BA Miles per pound spent, depending on the retailer. Rob MacLean, CEO of Points International, stated, "We are pleased to work with one of the world's premier Airlines, to create the BA Miles…

FridayDec 21, 2007 6:23 pm

Beacon Equity Research Featured Company: Hendrx Corp. (HDRX.OB)

Hendrx Corp. (HDRX.OB) is focused on researching, developing, manufacturing, marketing, and distributing water generators, filtration, ionization, and purification devices worldwide. The Company has an array of products which include Atmospheric Water Generators, Alkaline Calcium Ionic Water Dispensers, Reverse Osmosis units, Reverse Osmosis under sink systems and Carbon Filtration devices. The company possesses revolutionary Atmospheric Water Generator Technology that can produce safe and drinkable water from the humidity contained in the air. No plumbing or any other type of external water source is needed. The technology advantageously follows the natural process of the water cycle to capture water in its gaseous…

FridayDec 21, 2007 6:18 pm

Beacon Equity Featured Company: Open Energy Corp. (OEGY.OB)

Open Energy Corp. (OEGY.OB) is a renewable energy company focused on the development and commercialization of a portfolio of technologies capable of delivering cost-competitive electricity, fresh water and related commodities on a global basis. SolarSave, part of Open Energy, manufactures roofing membranes, roofing tiles, and custom architectural PV glass. The products developed and manufactured by SolarSave have the ability to bring solar power to consumers’ houses. The company recently posted a press release, noting the solar power boom in California. In 2007, Sacramento had more than 3,000 homes under construction, or planned construction, to be built with preinstalled solar systems.…

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Minera Andes, Inc. (MNEAF.OB) First Closing

Pharmacyclics, Inc (PCYC) Receives Non-Approvable Letter from the FDA

Answerthink, Inc. (ANSR) Shareholders Approve Name Change To ''The Hackett Group, Inc.”

Answerthink, Inc. (ANSR) Shareholders Approve Name Change To ”The Hackett Group, Inc.”

Magna Entertainment Corp (MECA) Announces Agreement to Sell Excess Real Estate

SIGA Technologies, Inc. (SIGA) CEO Selected to Serve as Member of National Biodefense Science Board

CryoPort, Inc. (CYRX.OB) Ships Stem Cells for Celprogen

Points International Ltd (PTSEF.OB) Offers New Way to Collect BA Miles

Beacon Equity Research Featured Company: Hendrx Corp. (HDRX.OB)

Beacon Equity Featured Company: Open Energy Corp. (OEGY.OB)

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