QualityStocks Stock Newsletters Archives - Page 620 of 1818

ThursdayJan 07, 2010 1:12 pm

Glowpoint Inc. (GLOW.OB) Ups YoY Revenue Guidance by 30% on Strategic Partnership-Fueled Growth

Glowpoint Inc. provides carrier-grade managed telepresence and video communications services in more than 35 countries. The company yesterday increased its year-over-year monthly recurring core revenue guidance for the 2009 fourth quarter by 30 percent to a 13-percent increase. This new number reflects a year of record results fueled by continued gross margin improvement; record second-quarter revenue; unprecedented numbers of video conference and telepresence calls; and record video calling traffic volumes on the company’s cloud-based infrastructure and Telepresence interExchange Network (TEN). The company was also successful in securing new strategic partnerships, as well as the expansion of existing ones, creating a…

ThursdayJan 07, 2010 1:09 pm

Viking Systems, Inc. (VKNG.OB) Secures $5 Million Equity Line

Viking Systems Inc. is a leading worldwide developer, manufacturer and supplier of 2D and 3D visualization solutions for the medical market. The company provides surgeons with proprietary visualization systems enabling minimally invasive surgical procedures that reduce patient trauma and recovery time. The company announced today that it has entered into an investment agreement for a $5 million equity line with Dutchess Opportunity Fund. Dutchess Capital is an investment manager which provides creative financing for promising, growth-stage companies. Under terms of the agreement, Dutchess has committed to purchase up to $5 million of the company's stock over thirty-six months. While the…

ThursdayJan 07, 2010 12:20 pm

Kodiak Oil & Gas Corp. (KOG) Looks to be Making its Move in 2010

Within the natural resources marketplace, timing is everything. Experience, leases, rising prices and equipment are all key ingredients to success. If an investor can find all four elements to form a perfect storm, profit will happen. Kodiak Oil and Gas Corp., an oil and gas exploration company, works to find, exploit and develop oil and natural gas deposits primarily in Montana, North Dakota and Wyoming. The company also controls leases in Colorado. At the end of 2008, the company estimated its reserves at approximately 1.2 billion cubic feet of natural gas and 344,000 barrels of oil. From the company's recently…

ThursdayJan 07, 2010 12:14 pm

China Medicine Corp. (CHME.OB) Enters Into $69.6M Stock Subscription Agreement with One Equity Partners

China Medicine Corp. today announced entrance into a Stock Subscription Agreement (the “Agreement”) with One Equity Partners (OEP) for an equity private placement. This marks the first major investment by OEP, which is the global private equity investment arm of JPMorgan Chase & Co. in China, and is accordant with the firm’s strategy of developing aspiring management teams. Registered in Delaware, CHME develops and distributes a number of proprietary pharmaceuticals to wholesalers worldwide, including prescription and over-the-counter (OTC) drugs, as well as nutraceuticals, devices and traditional Chinese medicine products such as formulations, herbs and supplements. Under terms of the Agreement,…

ThursdayJan 07, 2010 10:33 am

Access Pharmaceuticals, Inc. (ACCP.OB) Completes ProLindac Monotherapy Trial and Initiates Combination Study

Access Pharmaceuticals, Inc. announced this morning that it has completed enrollment and evaluation of the last additional group of patients in the ongoing clinical study of ProLindac as a monotherapy in ovarian cancer patients who have received at least two prior platinum based treatment regimens. The additional group of 8 patients received the ProLindac batch made by an improved scalable process, which will be used on a larger scale for future clinical and commercial supplies. According to the press release, none of the patients experienced any acute significant adverse events. In addition, treatment had the same beneficial pharmacodynamic effect seen…

ThursdayJan 07, 2010 9:31 am

GM Talks CEO Appointment, Government Repayment and Saab Deal

According to General Motors’ interim CEO, the company’s new chief financial officer Chris Liddell is in the running to take seat of the CEO position. Liddell left his post at Microsoft, making him the first permanent top manager hired from outside GM since the company emerged from bankruptcy in July. After suffering crushing blows like the rest of the automotive industry, GM is majority owned by the federal government. Despite a crackdown on executive pay, Liddell was granted an exemption from government-imposed pay caps. He will be paid $750,000 this year, and if the company is successful in selling shares…

ThursdayJan 07, 2010 9:27 am

Baron Energy, Inc. (BROE.OB) Provides Update on Proposed Merger and Additional Acquisitions

Baron Energy, Inc., an independent oil and gas exploration and development company with assets in the prolific oil producing region of North Texas and a significant acreage position along the Texas Gulf Coast, recently provided an update on its growth strategy, which includes finalizing the proposed merger between Baron and Pertex LP. During the fourth quarter of 2009, the company continued to conduct its due diligence on the pending merger with Pertex LP, who owns a working interest in 27 wells located in Borden, Garza, Jones, Kent, Nolan, Reagan, Runnels, Scurry and Taylor counties in Texas. The company’s primary focus…

ThursdayJan 07, 2010 9:25 am

BIO-key International, Inc. (BKYI.OB) Launches First SaaS Biometric Identification Solution

BIO-Key International Inc. is truly a company on the move. Located in Wall, New Jersey, Bio-key develops and delivers advanced identification solutions to commercial and government enterprises, integrators, and custom application developers. Today, BIO-key took the next step towards enhancing their future with the launch of TruDonor. TruDonor ID is the first SaaS (Software as a Service) biometric identification solution and will allow blood centers of any size to have a fast, convenient and accurate method to positively identify donors. TruDonor ID will eliminate the potential of misidentification while reducing the time and errors associated with staff validating identities and…

WednesdayJan 06, 2010 4:10 pm

SwissINSO (SWHN.OB) to Add Suhail Saad to Board of Directors

One of the more unique companies to catch the eyes of investors of late is SwissINSO. A young corporation located in Lausanne, Switzerland, SwissINSO utilizes its intellectual property assets to provide environmentally friendly innovative solar energy solutions and related technology to meet the many growing global needs. SwissINSO has a mission to become a world leader in turn-key solutions using renewable energy for the purification and desalination of water and the air of cooling buildings. To reach this goal and continue to grow in the marketplace, SwissINSO took a major step towards enhancing its future with the appointment of Suhail…

WednesdayJan 06, 2010 3:50 pm

FieldPoint Petroleum Corp. (FPP) Buys Oil and Gas Leases near Bakken Shale

FieldPoint Petroleum Corp. has purchased an oil and gas lease located in Renville County, North Dakota. The lease is approximately 444 to 800 acres and the company paid $155 per acre. The wells carry an average royalty rate between 16 and 20%. FieldPoint Petroleum Corporation said that the leases acquired in North Dakota border the well-known Bakken Shale formation, an unconventional oil bearing shale located in Mountrail County, North Dakota. The oil and gas industry has spent billions developing wells in the Bakken Shale over the last two years. “We are looking to the future, and this unconventional shale oil…

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