Blog - Page 5027 of 5668

MondayDec 10, 2007 7:36 pm

Reckitt Benckiser Plc (RB) Buys Adams Respiratory Therapeutics (ARXT) cough treatments for $2.3 bln

Reckitt Benckiser Plc (RB) has agreed to purchase U.S. cough and congestion medicine group Adams Respiratory Therapeutics (ARXT) for $60 a share, or $2.3 billion, in cash. This move will mark Reckitt's entry into the U.S. healthcare market. Reckitt, the world's largest household goods maker, is seeking to expand into the health care market within the United States. This particular offer will aid Reckitt's expansion into this industry, as the company has also purchased Boots' Nurofen pain killers and Strepsil throat lozenges last year. Adams Respiratory Therapeutics is a NASDAQ-listed specialty pharmaceutical group headquartered in Chester, New Jersey. Currently, Adam's…

MondayDec 10, 2007 7:34 pm

China Organic Agriculture, Inc (CNOA.OB) Announces Retail Agreement to Further Expand Distribution Channels

China Organic Agriculture, Inc. (CNOA.OB) announced that the company has reached a 3 year retail distribution agreement with Tongda Grain and Oil Company. This agreement is expected to generate revenues of 30 million Yuan, around USD $3 million, within the calendar year 2007. This agreement is the latest measure of China Organic's stated strategic initiative to expand market share by gaining new partnerships with retail distribution system in China and other emerging industries in Asia. According to the agreement, Tongda Grain and Oil will become one of CNOA's authorized retailers. As a result, Tonga will offer the company's "ErMaPao" products…

MondayDec 10, 2007 7:32 pm

Composite Technology Corporation (CPTC.OB) Announces Robert C. Rugh as Executive Vice President of Operations

Composite Technology Corporation (CPTC.OB) announced the appointment of Robert C. Rugh to Executive Vice President of Operations. Bob will be responsible for the development and execution of programs for the company's wind turbine supply; consisting of contract manufacturing, turbine erection and commissioning, field operations and special market programs. Mr. Rugh has a plethora of wind industry knowledge, including commercial, engineering, supply chain, manufacturing and site operations. Recently, Rugh served as the Vice President for Mitsubishi Power Systems, executing all Marketing, Sales, Engineering, and Operations measures. Prior to joining Mitsubishi, Mr. Rugh was responsible for the manufacturing of wind turbine components…

MondayDec 10, 2007 7:31 pm

North American Palladium Ltd (AMEX:PAL) Earns 50% Interest in the Shebandowan Property

North American Palladium Ltd. (AMEX: PAL) announced that the company has exercised their option to form an operating joint venture with Vale Inco Limited (formerly CVRD Inco Limited) over the Shebandowan Property. The Shebandowan property is located west of Thunder Bay in Ontario, and within 100 kilometers of the Company's Lac des Iles mine. As a result, North American has earned 50% interest in the former producing Shebandowan mine and the surrounding Haines and Conacher properties, totaling 7,842 hectares. In order to earn 50% interest in the property, the Company incurred $3 million in exploration expenditures and made a single…

MondayDec 10, 2007 6:15 pm

Small Cap Voice Featured Client: ALR Technologies, Inc. (ALRT.OB)

ALR Technologies, Inc. is focused on designing, marketing, and distributing technology-based products to help people achieve better health and well-being. Their products include Medication Administration Reminders that help enhance the medication's therapeutic benefit by improving compliance. The company is a pioneer in the growing markets of home health management and disease management. Although medical researchers and pharmaceutical companies have been successful creating treatments to manage diseases and health issues, the treatments are ineffective if there is poor medication compliance at home. The emerging issue of patients incorrectly following medication directions contributes to more than $140 billion annually in unnecessary heath…

MondayDec 10, 2007 6:10 pm

Small Cap Voice Featured Company: Silver Falcon Mining, Inc. (SFMI)

Silver Falcon Mining, Inc. (SFMI) is a junior resource production company focused on gold and silver properties. The Company has acquired the rights to develop and operate the mines of GoldCorp Holdings, Co., on War Eagle Mountain, which is located on the Owyhee Gold Trend of the Silver City Mining District in southern Idaho. To date, the War Eagle properties have produced around $270 million in gold and silver. The properties are ideally bordering the open-pit mines of Kinross Gold Co. (KGC) which have produced approximately $1.8 Billion in gold and silver. Silver Falcon Mining anticipates assuming production responsibilities on…

MondayDec 10, 2007 5:49 pm

Uranium Energy Corp (AMEX:UEC) Announces New Uranium Discovery in Texas

Uranium Energy Corp (AMEX:UEC) announced the completion of the Company's initial exploration of land outside South Texas. This initial exploration program consisted of drilling 21 holes that totaled 9,230 feet, as Uranium Energy attempted to test the presence of mineralized trends in Carrizo Sand. Initially, Wold Nuclear explored this area in the late 1970s. However, little to no exploration activities have begun since that time period. As a result, Uranium Energy Corp purchased Wold's exploration records, consisting of reports, maps and drill logs in this area. After detailed analysis of these records was completed, UEW identified five miles of pertinent…

MondayDec 10, 2007 5:46 pm

Pressure Biosciences, Inc. (PBIO) Reports Increase of Sales, Revenue, and Cash on Hand

Pressure Biosciences, Inc. (NASDAQ: PBIO) recently reported the sale of four of its Barocycler NEP3229 PCT Sample Preparation Systems. Compare that to the sale of only one system in the second quarter of last year, and you’ve got a company on the move. The company also posted $65,772 in grant revenue for the quarter ended June 30, 2007; last year it reported none. Additionally, Pressure Biosciences posted $202,127 for the second quarter of 2007, as compared to $28,783 in the same period of 2006. Cash on hand as of June 30, 2007, was about $6.8 million, up from $5.3 million…

MondayDec 10, 2007 3:30 pm

World Energy Solutions, Inc (WEGY.OB) Appoints New Advisor

World Energy Solutions, Inc (WEGY.OB), a company focused on energy conservation technology and environmental sustainability, announced the appointment of Dr. Robert Hoekstra earlier today. Currently, Dr. Robert Hoekstra serves as an Associate Professor of Industrial Engineering and Management Systems at the University of Central Florida; but will assist World Energy Solutions in the development of the Company's Hydrogen-Oxygen energy technology. Dr. Hoekstra will aid the company in the development of Hydrogen-Oxygen energy system, currently under development in their St. Petersburg Research & Development laboratory. Because Dr. Hoekstra has extensive engineering design expertise, he will provide a critical link to future…

MondayDec 10, 2007 3:24 pm

Pressure Biosciences, Inc. (PBIO) Disease-Fighting Technology Earns Award and Applause

Pressure Biosciences, Inc. (NASDAQ: PBIO), a life sciences company based in Massachusetts, researches, develops, and commercializes on sample preparation systems. The company’s cornerstone is its pressure cycling technology (PCT) that has the ability to use hydrostatic pressure between ambient and ultra-high levels to control bio-molecular interactions. In layman’s terms, the company’s technology opens the door to further insight into diseases such as obesity, heart disease, diabetes and certain cancers. The company’s efforts are not only contributing to technological advancement, but are also winning awards. Last month, Pressure Biosciences was awarded the 2007 North American Frost & Sullivan Award for Technology…

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