WednesdayMar 30, 2011 10:10 am

Achillion Pharmaceuticals (ACHN) Reports Positive Phase 2a Clinical Results for Hepatitis C Treatment

Achillion Pharmaceuticals Inc., an innovative pharmaceutical focused on solutions against infectious disease including hepatitis C and resistant bacterial infections, today announced top-line results from its on-going phase 2a clinical trial of ACH-1625 dosed once daily in combination with Pegasys(R) and Copegus(R) a current standard of care (SOC) in patients with chronic hepatitis C (HCV) infection. The first of a two-segment phase 2a trial involved 64 patients administered three doses of ACH-1625 or placebo with peginterferon alfa-2a and ribavirin, dosed for a four-week study. The analysis demonstrated that 75-81 percent of patients receiving ACH-1625 achieved rapid virologic response (RVR) with a…

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WednesdayMar 30, 2011 9:35 am

Ever-Glory International (EVK) Posts Solid Sales Increase for FY2010 driven by Branded Retail Division

Ever-Glory International Group Inc., a leading apparel supply chain manager and retailer based in China, today reported its financial results for its fiscal year ended December 31, 2010, reporting a nearly 50% increase in net sales. The company attributes its strong retail figures to its April 2010 acquisition of the 40 percent interest in LA GO GO from its joint-venture partner, bringing the company’s stake in the retail business to 100 percent. During the fiscal year 2010, net sales increased 49.3 percent to $134.1 million as compared to $89.9 million in 2009. The increase in sales was primarily attributable to…

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WednesdayMar 30, 2011 9:29 am

China Wind Systems Inc. (CWS) Posts Q4, FY2010 Results reflecting Expanded Market Presence

China Wind Systems Inc., a leading supplier of forged rolled rings and other forged components used for wind power and industrial equipment primarily for the textile industry in China, today announced its financial results for the fourth quarter and full year ended December 31, 2010. Fourth-quarter revenue for 2010 increased 41.5 percent to $22.5 million, compared to $15.9 million in the same period of 2009. Gross profit for the fourth quarter of 2010 increased 41.0 percent to $6.1 million, compared to $4.3 million for the same period in 2009. Gross margin remained similar at 27.2 percent during the fourth quarter…

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WednesdayMar 30, 2011 9:26 am

Green Technology Solutions Inc. (GTSO) Video Chart for Wednesday, March 30, 2011

GTSO is trading in a channel with $2.60 as support and $3 as resistance. The indicators appear to be turning bullish, so this chart is going to stay on radar until it tries to break through the upper side of the channel and move above the 50 day moving average. To view the video chart, visit the following link: http://www.qualitystocks.net/videocharts.php Let us hear your thoughts below:

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WednesdayMar 30, 2011 7:46 am

OurPet’s Co. (OPCO) Market Position leveraged by Innovation and Brand Awareness

OurPet’s Company was founded in 1995, positioned to capitalize on a rapid growth spurt in the pet market industry, which grew from $17 billion in 1994 to $40.8 billion in 2008, according to the American Pet Product Manufacturers Association (APPMA). OurPet’s strong brand identity, innovation and customer loyalty has accelerated growth for the company itself, with a growth rate overshadowing the industry as a whole. The company designs, produces and markets a wide range of accessory and consumable pet products both domestically and abroad. OurPet’s portfolio of Websites includes www.smartscoop.com, www.ecopurenaturals.com, www.playnsneak.com, www.flappydogtoys.com, www.clipnosis.com and www.hideperchandgo.com For the fourth quarter…

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TuesdayMar 29, 2011 2:15 pm

Lihua International Inc. (LIWA) Receives Awards for Innovations and Achievements

Today, high quality copper alternative producer, Lihua International, Inc., announced that three local and municipal Chinese governments awarded the company for its innovation, internal controls and operational achievements. Lihua was awarded "Advanced Science and Technology innovation Enterprises" by The Communist Party of China (CPC), Houxiang Committee and the Local Government of Houxiang, "Best Internal Audit Practice Award" by the Auditing Bureau of Danyang, and "Top Ten Outstanding Leading Industrial Enterprise in Danyang's Ideological Development" by the CPC, Danyang Municipal Committee and Local Government of Danyang. The Danyang muncipal government also awarded Lihua a grant of RMB 500,000 ($76,000). Lihua received…

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TuesdayMar 29, 2011 12:43 pm

Miranda Gold Corp. (MAD.V) Signs Exploration Agreement with Agnico-Eagle Ltd. for the Ester Dome Project

Miranda Gold Corp., a company that engages in the acquisition, exploration, and development of mineral properties in the western US and Colombia, has announced that it has signed an exploration agreement, which includes the option for a joint venture, with Agnico-Eagle, a wholly owned subsidiary of Agnico-Eagle Mines Limited (AEM). Agnico may earn up to 70% interest in the Ester Dome project, which is located in the Fairbanks mining district of Alaska. Under the terms present in the Agreement, which will replace a Letter of Intent announced on October 14,2010, Agnico can earn up to 51% interest in Ester Dome…

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TuesdayMar 29, 2011 10:40 am

China GengSheng Minerals, Inc. (CHGS) Signs Huge Proppant Deal, Decommissions Existing Manufacturing Facility and Moves to Expand Production in Order to Meet Rising Global Demand

China GengSheng Minerals, www.gengsheng.com – one of China’s top producers of a wide array of advanced industrial materials and highly customized solutions, primarily serving the iron and steel industries with components for high-temperature vessels and the like, reported singing of a definitive agreement with a local Gongyi, Henan Province affiliate today for the production of some 30k metric tons of the Company’s fracture proppants through to the end of the year. This deal boosts the total annual output of fracture proppants a solid 20%, offering prime incentive for the Company to move production to a new site and so the…

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TuesdayMar 29, 2011 10:38 am

Inter-Citic Minerals Inc. (CMTF) Begin Trading on the OTCQX

Inter-Citic Minerals Inc. is a gold exploration and development firm with a focus on China, the world's largest gold producing country. In particular, the company is advancing its Dachang Gold Project, one of China's largest undeveloped open-pit gold resources. It is doing so in conjunction with its biggest shareholder – China's largest gold producer, Zijin Mining. The company announced that its shares started trading today on the over-the-counter market's highest tier, the OTCQX, under the symbol ICMTF. The OTCQX is the most prestigious of the three tiers of the over-the-counter market. It is recognized as a quality-controlled marketplace in the…

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TuesdayMar 29, 2011 10:36 am

RF Micro Devices (RFMD) Power Platform Receives Industry’s Most Innovative Device of 2011

RF Micro Devices Inc., leading global designer and manufacturer of high-performance semiconductor component technologies, was recently recognized in Compound Semiconductor magazine, which featured the company’s PowerSmart(TM) power platform (RFRD6460) as the compound semiconductor industry's most innovative device of 2011. "Compound Semiconductor is proud of the CS Industry Awards and the overwhelming response from the compound semiconductor industry," Richard Stevenson, editor for Compound Semiconductor stated in the press release. "We feel it is important to highlight the technological achievements within the industry, such as RFMD's PowerSmart. These categories and products represent key areas of innovation in the chip manufacturing process." The…

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