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ThursdayJun 14, 2007 4:41 pm

Strong Closers with Big News

Every public company loves to put out good news and see the reflection in its stock price. The following three companies released positive news of some kind today or late yesterday and then watched as their stock prices closed very strong.Augusta Resource Corp. (Amex: AZC) shares rose 21 percent, or 49 cents today, settling at $2.89 on volume of 466,300 this afternoon. The company announced the negotiation of a non-brokered private placement in which Sumitomo Corp. of America will acquire 8.7 percent of Augusta for $37.5 million financing. The company stated that the arrangement will allow it to meet project…

ThursdayJun 14, 2007 4:41 pm

Another Solid Day for Hyperdynamics Corporation (AMEX:HDY) Closing Up 13%

Share prices for Hyperdynamics Corporation (Amex: HDY) closed up 37 cents (13 percent) at $3.12 per share on volume of 1,123,200. The company announced yesterday that it attended a meeting last week in Washington, D.C. with the Prime Minister of the Republic of Guinea, Lansana Kouyate.The meeting was conducted in a formal manner in the Prime Minister's hotel suite and was filmed by a crew from the national Radio Television Guinea. The meeting dialogue centered on a clear mission to encourage Hyperdynamics as a U.S. company investing in Guinea, and to attract additional investment from U.S. companies in Guinea. Hyperdynamics…

ThursdayJun 14, 2007 4:41 pm

Laser Technology – the New Spinal Surgery

Trimedyne Inc. (OTCBB: TMED), manufacturer of lasers and disposable fiber optic delivery devices, offers its unique laser products as an alternative to surgery, allowing for outpatient services in more complicated surgeries. This allows for the reduction in hospitalization costs and also reduces patient traumas related to surgery.The company is divided into two areas: orthopedics and urology. The orthopedic division contributes to 50 percent of the company's revenue. The lasers are used to treat herniated and ruptured disks on outpatient basis - taking as little as 30 minutes. The urology division of Trimedyne contributes to 30 percent of its revenue, focusing…

ThursdayJun 14, 2007 4:41 pm

Microfluids Lead to Macroprofits

Microfluidics licensing company IQ Micro (OTCBB: IQMC) recently told Market News First about some of the amazing innovations it's been working on in recent years, the most notable being its microfluidic technology, which promises to revolutionize numerous industries the world over.IQ Micro's CFO, Robert Rudman, recently told MN1 how the company got its start, and where it plans on heading in the future. "Our parent company is a Norwegian-based life sciences R&D company, and they have been developing two different technologies for eight years now," Rudman told MN1. "About two years ago, it became obvious to them to start marketing…

ThursdayJun 14, 2007 4:41 pm

International Absorbent (AMEX: IAX)Shares Escalate 57 Percent

Shares of International Absorbents Inc. (AMEX: IAX) soared 57 percent today, escalating $2.30 to $6.35 on volume of 659,800 by mid-afternoon, tailing the company's announcement of its first-quarter financials for the period ended April 30, 2007, this morning.International Absorbents sales grew 26 percent to $8.4 million for the first quarter of fiscal 2008, up from $6.6 million for first quarter 2007. Net income increased three fold, to $623,000, or 10 cents per share, versus $142,000, or 2 cents per share, for the same period the prior year. Gross profit for the first quarter was up 35 percent, to $2.8 million,…

ThursdayJun 14, 2007 4:41 pm

Shares of Earth Biofuels (EBOF.OB) Rise 35 Percent

Share prices for biodiesel producer and distributor Earth Biofuels (OTCBB: EBOF) skyrocketed more than 35 percent this morning after the company released a few tantalizing hints of its 2007 growth plan."The biofuels industry and other alternative fuels are absolutely essential to our nation's energy security and our ability to maintain economic independence," Earth Biofuels CEO Dennis G. McLaughlin III said in a recent press release. "The goal of energy independence won't be achieved through use of a single technology, which is why Earth Biofuels has created a diversified portfolio of alternative transportation fuels. With the hard work of our initial…

ThursdayJun 14, 2007 4:41 pm

Commerce Energy (AMEX:EGR) Releases 3Q Results

Leading electricity and natural gas marketing company Commerce Energy Group Inc. (AMEX: EGR) recently released its third-quarter financial results and news on a multi-million dollar settlement of its arbitration with American Communications Network Inc. (ACN).The company reported its net income for the third-quarter ended April 30, 2007, increased to $1.5 million, up from $1 million for the same period last year; gross profit rose to $17.6 million from $8.1 million the same period last year, including income that resulted from a $5.1 million settlement payment from APX Inc. "Our third-quarter operating performance, excluding the impact of the APX and ACN…

ThursdayJun 14, 2007 4:41 pm

BioTech Medics (BTME.OB)- Laser-Powered Healing

Share prices for high-tech alternative medicine company BioTech Medics (OTCBB: BTME) were up 6.25 percent today to 5 cents a share after the market's open. The boost seems to come from new work the company has done on its chief product, the BioTech L3aser."The most important thing is that we've gone through 10 years of research and development for our laser to be used for muscular, skeletal and arthritic pain," BioTech Medics CEO Keith Houser told MN1. "It's fabulous ... for people with backaches, carpal tunnel, migraines - anything in the body can be treated for pain without drugs, without…

ThursdayJun 14, 2007 4:41 pm

Early Gainers with Big News

Each morning, the exchanges come alive - and finding a company with news to back its movement allows MN1 to bring you updates each morning and afternoon to keep you on top of the small and micro-cap markets. The following companies released news late yesterday evening or early this morning:Shares of International Absorbents (AMEX: IAX) rose $1.40 this morning, or 35 percent, to $5.45 on volume of 123,100. The company announced its first-quarter results for the fiscal year 2008, reporting increases in sales, net income and gross profit. Sales for the year ended April 30, 2007, increased 26 percent to…

ThursdayJun 14, 2007 1:13 pm

Morning News Thursday June 14th 2007

General News: - Producers Price Index rose 0.9%, which is larger than most were expecting. This increase is a reflection of gasoline prices, which rose 10.3%. However, the PPI ex-food and energy was only 0.2%, a modest rise from the flat reading the economy had in April. - Jobless claims are at 311,000 and continuing claims are 2.487 million. Claims were expected at 312,000 and continuing at 2.503 million. - Of the sectors tracked in the PPI, autos fell 0.2%, drugs rose 0.4%, tobacco was unchanged, capital equipment rose 0.1%, and food, the biggest surprise, fell 0.2%. - OPEC says…

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Strong Closers with Big News

Another Solid Day for Hyperdynamics Corporation (AMEX:HDY) Closing Up 13%

Laser Technology – the New Spinal Surgery

Microfluids Lead to Macroprofits

International Absorbent (AMEX: IAX)Shares Escalate 57 Percent

Shares of Earth Biofuels (EBOF.OB) Rise 35 Percent

Commerce Energy (AMEX:EGR) Releases 3Q Results

BioTech Medics (BTME.OB)- Laser-Powered Healing

Early Gainers with Big News

Morning News Thursday June 14th 2007

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