QualityStocks Stock Newsletters Archives - Page 850 of 1818

MondayOct 20, 2008 11:45 am

NexMed, Inc. (NEXM) Meets with Food and Drug Administration (FDA) for Vitaros® Product

Vitaros(R), a topical treatment for erectile dysfunction based on the NexACT(R) technology, had been denied by the Food and Drug Administration (FDA) on July 21, 2008. Several points were made in the summary of key regulatory concerns. Those were: Overall Carcinogenicity Assessment, which includes the results from its three, two-year carcinogenicity studies in mice and rats, Assessment of the transfer to the partner of NexMed's NexACT(R) technology, Assessment of transmission of sexually transmitted diseases (STDs), and GMP (Good Manufacturing Practices) Status of NexMed's manufacturing facility. In the meeting with the Food and Drug Administration (FDA) on October 15, 2008, NexMed…

MondayOct 20, 2008 11:44 am

Strategic Diagnostics (SDIX) to Repurchase $3 Million in Common Stock

Today, Strategic Diagnostics announced a program to repurchase up to $3.0 million of the Company’s outstanding shares of common stock from time to time over the next 12 months, dependant on market conditions, share price and other factors, has been approved by the Board of Directors. The repurchases may be made on the open market, in block trades or otherwise. The stock repurchase program will be funded using the Company’s working capital. The Company has cash, cash equivalents and marketable securities of approximately $11 million and approximately 20.4 million shares of common stock outstanding. Strategic Diagnostics Inc. is the largest…

MondayOct 20, 2008 11:38 am

NewCardio (NWCI.OB) Appoints Three New Executives to their Client Services Team

NewCardio is in the business of saving lives while reducing costs. The company is developing a patent pending electrocardiography (ECG) platform technology to dramatically improve the diagnostic accuracy and value of the standard 12 lead ECG for common acute and chronic heart disease. Also, the advancement in 3D technology from NewCardio can stave off errors in interpreting the standard 2D 2-lead ECG. Errors of “major proportions” have been identified in 4% to 32% of ECG interpretations. The NewCardio Client Services Team has three new additions, which will enhance the team’s efforts to provide clients with the high quality service that…

MondayOct 20, 2008 11:37 am

Ben Stein Explains the Credit Crunch and Apologizes for Lack of Foresight

Ben Stein, former Nixon speechwriter and a trusted voice on the economy and financial markets, apologized in a recent blog he posted on Yahoo! In great detail, he explains the ins and outs of the crisis and what went wrong. Ben Stein writes, “It (the subprime mortgage collapse) was extremely similar to the collapse of the Drexel Burnham Lambert junk bond empire. This had caused barely a ripple in the national economy when it fell apart in the early 1990's. I assumed that the same would happen with junk mortgages. So, I assumed, and wrote, things would be fine.” Mr.…

MondayOct 20, 2008 11:11 am

Gas Down Despite Expected OPEC Cuts

Gas prices in the U.S. fell sharply on Monday, as motorists found prices at the pump dropping even further below the three dollar mark. The national average has fallen to $2.92 per gallon, even as OPEC's plans to meet in Vienna on Friday are expected to result in "substantial" oil production rate cuts. Midday trading on Monday saw the price of light, sweet crude for November delivery go to $74.14 a barrel; a far cry from highs reached less than a six months ago. Let us hear your thoughts below:

MondayOct 20, 2008 11:10 am

Markets Calmer – Stocks Rise on Monday

This Monday brought a moment of relief from tension on Wall Street as the Dow rose nearly 200 points during midday trading. As bank-to-bank lending rates continue to taper and the credit markets' earlier suffering begins to fade, investor confidence is making a comeback. While our nation's financial problems aren't over, people are happy to see a relatively calm market as compared to the volatility experienced in the past few weeks. A tempering of the veritable hot-bed of recent panic and frustration is exactly what is needed to occur in order for our system to begin its recovery. Let us…

MondayOct 20, 2008 11:09 am

Bush, Bernanke Now Supporting New Stimulus Bill

It is beginning to look as if another economic stimulus package is in the cards for Americans as President Bush and Fed Chairman Bernanke, previously opposed to the bill, changed their tune and announced support of the idea. "With the economy likely to be weak for several quarters, and with some risk of a protracted slowdown, consideration of a fiscal package by the Congress at this juncture seems appropriate," Bernanke commented. Specific details of the package have yet to be established, but the Bush administration has promised to consider enacting the bill following its passage through Congress. Let us hear…

MondayOct 20, 2008 8:13 am

China Natural Gas Inc. (CHNG.OB) Sees Tax Incentives and Exclusive Distribution Rights Boosting Revenues

China Natural Gas Inc., a natural gas retailer operating in Central China, offers retail compressed natural gas (CNG) and piped natural gas to consumers and businesses located in and around central Guangzhou Province. The company is considered the “tip of the sword” in China’s plan to address environmental concerns with CNG and piped natural gas in the region. The company operates on three levels and should be able to capitalize on the government’s new outlook toward CNG and piped natural gas on each level it serves. The company’s CNG car conversion business will see increased revenues owing to modifications made…

MondayOct 20, 2008 6:24 am

Delta Natural Gas Company Inc. (DGAS): Supplying Kentucky

Trading on the NASDAQ Global Market, Delta Natural Gas Company Inc. is a premier provider of natural gas services. Headquartered in Winchester, Kentucky, they serve the central and southeastern sections of the state. Founded in 1949, the company has facilitated growth through expansion and acquisitions. They gather, produce, distribute, store, and transport natural gas. The Company engages in weather-sensitive commercial and residential sales. Delta Natural Gas Company operates in two business segments. Their Regulated segment sells and distributes natural gas to retail customers in 23 counties in Kentucky. This segment also transports gas to industrial customers in their system that…

MondayOct 20, 2008 4:11 am

Infinity Pharmaceuticals, Inc. (INFI) Announces Phase I Clinical Trial for IPI-926

Infinity Pharmaceuticals, Inc. (NASD: INFI), an innovative cancer drug discovery and development company seeking to discover, develop, and deliver to patients best-in-class medicines for the treatment of cancer and related conditions, recently announced that the company has initiated a Phase 1 clinical trial of its oral Hedgehog signaling pathway inhibitor, IPI-926. The Phase 1 trial is an open-label, dose-escalation study evaluating IPI-926 in up to 50 patients with advanced and/or metastatic solid tumors. IPI-926 is a proprietary inhibitor of the Hedgehog signaling pathway that binds to and inhibits a key regulator of this pathway, the Smoothened receptor. The Hedgehog signaling…

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