QualityStocks Stock Newsletters Archives - Page 102 of 1818

ThursdayJan 05, 2012 2:19 pm

Viking Systems (VKNG) to Report 34% Increase in FY2011 Revenues

Viking Systems Inc., a leading worldwide developer, manufacturer and marketer of 3D and 2D visualization solutions for complex minimally invasive surgery, today announced that it expects to report full-year 2011 sales of approximately $10.8 million, a 34 percent increase over the $8.0 million in revenue reported for 2010. For the 12 months ended Dec. 31, 2011, Viking sold 56 of its recently-released 3DHD Vision Systems, adding weight to the company’s 2011 revenues and reflecting strong international sales. "We continue to be very pleased with the progress we are making in the market and the consistently positive feedback we get from…

ThursdayJan 05, 2012 2:14 pm

US Dataworks’ (UDWK) Clearingworks Service Hits $120B in Processed Payments

US Dataworks, Inc., a provider of payment processing solutions, today announced that more than $120 billion dollars in payments were processed through a cloud deployment of the company’s Clearingworks® payment processing platform, which is offered in a cloud-delivery model as well as a traditional on-premise solution. Clearingworks processes checks, electronic checks, Automated Clearing House (ACH) payments and credit/debit cards. "As part of our white-glove service, we regularly monitor key volumes and trends in our cloud solution. In December, we saw our volumes for the calendar year climb over 145 million payments totaling more than $120 billion. Now we have clear…

ThursdayJan 05, 2012 12:09 pm

Albany Molecular Research Inc. (AMRI) and BioPontis Alliance LLC Enter Preferred Provider Agreement to Identify New Drug Opportunities

Albany Molecular Research Inc., an Albany based global contract services and manufacturing organization, announced today that it will work with BioPontis Alliance, LLC in a preferred provider agreement to support BioPontis’ mission to bridge the gap between early stage research and technologies that come out of academia and other research outlets. AMRI will provide its expertise in small molecule discovery, development, and manufacturing. The partnership is expected to help find promising early stage product opportunities and create a preferred network of leading research companies to help develop new drugs to attract pharmaceutical company licensing partners. BioPontis has formed research alliances…

ThursdayJan 05, 2012 12:02 pm

Targacept, Inc. (TRGT) Says AstraZeneca will Advance Alzheimer’s Drug

Targacept, Inc. currently has five mid-to-late-stage drug candidates using innovative NNR Therapeutics for difficult to treat diseases and disorders of the nervous system. NNR Therapeutics selectively modulates the activity of specific neuronal nicotinic receptors, which are unique proteins that regulate vital biological functions. The company today reported AstraZeneca has informed Targacept that it plans to progress the development of Targacept’s product candidate AZD1446 as a treatment for Alzheimer’s disease. AZD1446 is a selective modulator of the alpha4beta2 neuronal nicotinic receptor that arose out of a research collaboration between the two companies. The two companies signed a collaborative research and license…

ThursdayJan 05, 2012 11:59 am

EnerJex Resources, Inc. (ENRJ) Announces Completion of 50th New Well in Rantoul Project

Located in San Antonio, Texas, EnerJex has quickly made a name for themselves as a domestic onshore oil company with assets located in Eastern Kansas and South Texas. Today, the young company took a major step towards prominence with the announcement it has completed drilling 50 new wells in its Rantoul Project located in Eastern Kansas. In addition to this news, EnerJex provided updates on its Rantoul Project operation. Such updates include that the company has drilled 35 new production wells and 15 new water injection wells with a 100% success rate. Sixteen of the new production wells encountered a…

ThursdayJan 05, 2012 9:20 am

Juhl Wind, Inc. (JUHL) Receives $1.4 Million in US Stimulus Grant for Construction of Minnesota Wind Project Completed in Fourth Quarter 2011

Juhl Wind, Inc., the leader in Community Wind Power, today announced that the US Treasury Department has awarded $1,413,000 in US Stimulus Grant Funds for the construction of the Winona County Wind Project in Minnesota. The project was completed and started operating in the fourth quarter of 2011. Juhl Wind has completed six wind farm projects during the last two years worth over $150 million in project development. "The U.S. Stimulus program has provided very important support for the continuing growth of our Community Wind projects throughout the Midwestern United States. Community-owned wind farms not only deliver a totally clean…

ThursdayJan 05, 2012 9:15 am

Cornerstone Therapeutics (CRTX) Acquires Cardiokine

Cornerstone Therapeutics yesterday announced the acquisition of Cardiokine, Inc. The merger, effective December 30, 2011, will have Cornerstone receiving all outstanding shares of Cardiokine, which recently completed Phase III clinical trials for its compound, lixivaptan. Based in North Carolina, Cornerstone Therapeutics is a specialty pharmaceutical company focused on products for the respiratory, hospital and related markets. The company focuses on acquiring, developing and marketing said products, and leveraging existing business in niche portions of those same markets. The acquisition will grant Cornerstone worldwide rights to investigational therapy using lixivaptan, a compound designed to treat hyponatremia. Hyponatremia is a condition that…

WednesdayJan 04, 2012 5:37 pm

REE International, Inc. (REEI) Announces Potential Acquisition of Mining Property in Bolivia

REE International, Inc., a U.S. based mineral exploration company focused on the exploration and production of rare earth elements, announced after the closing bell today that it anticipates signing a letter of intent within the next 30 days to purchase a tantalum producing property located in the country of Bolivia. Tantalum is a rare, lustrous transition metal that is highly corrosion resistant and almost impervious to chemical attack. The metal's primary use today is in tantalum capacitors found in electronic equipment, such as mobile phones, DVD players, video game systems and computers. Tantalum, always together with the chemically similar niobium,…

WednesdayJan 04, 2012 5:32 pm

North Springs Resources Corp. (NSRS) Signs Definitive Agreement on Premiere Arizona Gold Property

Today, North Springs Resources, the aggressive young mineral developer currently in the evaluation/acquisition/development phase, announced signing a definitive joint venture agreement with DNP Mining LLP on the Goldstar/One Arm Joe Gold Project outside Wickenburg, AZ. Extensive due diligence related to the strategic acquisition in Goldstar, which is calculated as an ideal fit for NSRS’s target of production in the near term, has culminated in this definitive agreement, which will see the Company picking up as much as a 35% interest via the conducting/financing of mineral exploration at the site. Further terms of the deal are as follows: • 20% WI…

WednesdayJan 04, 2012 2:14 pm

Ecosphere Technologies, Inc. (ESPH) to Report $20M in 2011 Revenue, Announces Contractual Purchase Order from Hydrozonix

Ecosphere Technologies, Inc., diversified water engineering, technology licensing and environmental services company for industrial markets, today announced that it will report in excess of $20 million in revenues for 2011. “We will report over $20 million in revenue for 2011 which more than doubles our performance in 2010. With revenue greater than $8 million in the Q4 2011, we will report a 228 percent revenue increase versus the comparative quarter in 2010. In addition to solid revenue growth, we have made significant strides in reducing our debt from $3.1 million to $2.3 million," Adrian Goldfarb, CFO of Ecosphere Technologies, stated…

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