QualityStocks Stock Newsletters Archives - Page 225 of 1818

FridayMay 20, 2011 3:29 pm

Progenics Pharmaceuticals Inc. (PGNX) Achieves Endpoints for RELISTOR Phase III Study

Progenics Pharmaceuticals Inc., engaged in the development and commercialization of therapeutic products to treat debilitating conditions and life-threatening diseases, today provided an update of the safety and efficacy endpoints achieved from its phase III study of RELISTOR (methylnaltrexone) for the treatment of opiod-induced constipation (OIC). The one-year study involved 1,034-patients OIC. At a fixed dose of 12 mg, the drug was shown to be generally safe and well tolerated. Patients experienced consistent results across all monthly intervals; 34 percent of 12 mg injections resulted in bowel movements within four hours during the treatment period. "This study yielded safety and efficacy…

FridayMay 20, 2011 3:27 pm

Hollysys Automation (HOLI) to Acquire Concord Corp. and File for Dual Listing on Hong Kong Exchange

Hollysys Automation Technologies Ltd., a leading provider of automation and control technologies and applications in China, has signed a stock purchase agreement (SPA) to acquire 100 percent ownership of Concord Corporation Pte Ltd. and its group of companies (CCPL) for cash and stock equivalent of $43.2 million. CCPL is a Singapore-headquartered electrification related service provider for the rail and industrial industrials in South-East Asia and the Middle East. "We are honored to be able to join and team up with Hollysys, a well-established proprietary technology and product provider in rail and industrial industries in China. We are seeing great opportunities…

FridayMay 20, 2011 1:28 pm

Quick-Med Technologies, Inc. (QMDT) Signs New Agreement with Industry Giant BASF

Quick-Med Technologies, the pioneering life sciences company with an incredibly strong presence for its size in the consumer/healthcare markets via technologies like their FDA-cleared NIMBUS® anti-microbial for wounds and the proprietary MultiStat® anti-aging cosmetic technology, reported today entry into an exclusive worldwide manufacturing and distribution agreement for MultiStat with BASF Corporation, planned to stretch out over multiple years. BASF Corp. is a unit of the massive chemical company BASF Group, one of the world’s top producers with an impressive network of logistical connections throughout the sector and global markets. BASF Beauty Care Solutions has considerable pull in the cosmetics/beauty care…

FridayMay 20, 2011 10:16 am

Feel Golf Company Inc. (FEEL) Reports First Quarter Results

Feel Golf Company Inc. is a leading innovator and manufacturer of high performance golf products. The company manufactures and markets golf clubs worldwide. It is the only golf company whose products are designed, built and backed by PGA members. The company today announced its financial results for the first quarter ending March 31, 2011. Net sales for the quarter increased 247% to $235,131 compared with $67,618 for the same period last year. Gross margin increased 329%, or $124,490, as compared to the same period in 2010. However, the net loss increased from $184,307 last year to $420,049 this year. Feel…

FridayMay 20, 2011 9:22 am

China Integrated Energy, Inc. (CBEH) Appoints Jeff Chan Kok Wee to Chief Financial Officer Position

Located in XI’AN, China, this up-and-coming company has quickly gained a reputation as a leading non-state-owned integrated energy company. Today, China Integrated Energy took a major step towards prominence when they announced that Jeff Chan will replace Albert Pu as the company’s Chief Financial Officer. Pu resigned on April 28 this year. Chan brings a wealth of experience and knowledge to China Integrated Energy. A fellow member of the Association of Chartered Certified Accountants, Chan joined Ernst & Young Shanghai office in 2005 after working for four years with another large auditing firm in Malaysia. Throughout Chan’s professional career, Chan…

FridayMay 20, 2011 9:17 am

“Personalized Medicine” Trend Presents Opportunity for Device Manufacturers

Traditionally, prescription medications have been developed under a one size fits all philosophy. This approach is very inefficient, with half of all patients not responding to medication. Pharmaceutical and biotechnology companies are now looking to pioneer a new generation of medicines that are personalized to the specific needs of an individual patient. This is increasingly known as personalized medicine. Personalized medication can make pharma companies more productive and profitable. Traditionally, pharma pipelines have been loaded with countless drug candidates in the hope that one can make its way to blockbuster status, and compensate for the losses of those drugs that…

FridayMay 20, 2011 8:57 am

New Energy Systems Group (NEWN) Reports Financial Results and Confirms Guidance

New Energy Systems Group reported a strong year over year increase in sales and earnings in the first quarter of 2011. The company also confirmed financial guidance for 2011 and provided an update on business trends for the year. New Energy Systems Group reported sales of $27.1 million in the quarter ending 3/31/2011, a 20% increase over the $22.5 million of sales reported for the same quarter in 2010. The company reported net income of $5.5 million, or $0.38 per diluted share, in the most recent quarter, compared to $3.8 million, or $0.30 per diluted share, in the comparable quarter…

FridayMay 20, 2011 8:55 am

MedeFile International, Inc. (MDFI) Grants Exclusive Contracting Rights to ADAR

MedeFile International, Inc., a leader in Internet-enabled Personal Health Record (iPHR) management solutions, announced that it has granted exclusive rights to the government contracting firm ADAR, Inc. and its principals, Debbie and Keith Rieger, to market the Company's advanced iPHR solution to U.S. federal departments and agencies. Through the agreement, ADAR and the Riegers will market to various agencies, including the Veterans Administration, Department of Defense, Health and Human Services, and Department of Homeland Security. MedeFile also awarded Riegers non-exclusive rights to market the MedeFile system to companies, major medical institutions and other entities outside of the traditional government contracting…

FridayMay 20, 2011 8:53 am

Callidus Software, Inc. (CALD) Announces Continued Growth in Asia-Pacific

Yesterday, Callidus Software, Inc. announced that it has been experiencing continued growth across Asia-Pacific in the adoption of its Sales Performance Management (SPM) suite of software. Callidus has signed deals with five multinational financial services companies in less than a year. These companies reach more than 90% of the population of the region. Callidus’ line of Sales Performance Management software products helps its users organize their sales force through every step of the sales cycle, including training and coaching to incentives and rewards. The software products are used in several industries, such as high-tech, telecommunications, banking, insurance, and pharmaceuticals, and…

FridayMay 20, 2011 8:50 am

UnionTown Energy Inc. (UTOG) Issues Operational Update for 4 Key Properties

UnionTown Energy Inc., a company focused on building an oil and gas natural portfolio, yesterday issued an operational update on its current planned drilling programs and financing. The company’s near-term objective is to enter into productivity, which it plans to achieve with the prove-up of indicated reserves to reach their full value potential. UnionTown Energy has assembled four properties in its first phase of property acquisitions, which total more than 45,000 acres with promising oil and gas prospects. Third-party geological reports, along with previous drill test wells, suggest estimated recoverable reserves of approximately 133 million barrels of oil equivalent on…

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