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Ivanhoe Energy Inc. reported that the company has reached total depth on two oil and gas wells being drilled on its properties in China. The wells are being drilled by Sunwing Energy Ltd., a wholly owned subsidiary of the company. Ivanhoe Energy Inc. said that the Zitgong-1 well reached a total depth of approximately 14,000 … Continue reading “Ivanhoe Energy Inc. (IVAN) Updates Drilling Program in China”

Cell Therapeutics, Inc. (“CTI”) has filed a formal appeal with the Office of New Drugs in the U.S. Food and Drug Administration’s Center for Drug Evaluation and Research to contest the decision from earlier this year on CTI’s New Drug Application (“NDA”) for pixantrone as a therapy for relapsed/refractory aggressive non-Hodgkin’s lymphoma (“NHL”). CTI had … Continue reading “Cell Therapeutics, Inc. (CTIC) Files Appeal on FDA Decision for Pixantrone”

Encompass Digital Media, a US-based digital media services provider, today announced it will purchase the global content distribution business of Ascent Media Corp. for approximately $113 million in cash and assumption of about $7 million in debt. The acquisition will create a leading global provider of critical outsourced media services to cable channels, broadcasters, media … Continue reading “Encompass Digital Media to Acquire Ascent Media Corp.’s (ASCMA) Content Distribution Business”

Madison Ave. Media, Inc., provider of advanced digital media marketing and communication solutions, announced today that James Bernard “Bernie” Rice has joined its Advisory Board. After starting with IBM, where he held increasingly senior level positions in sales and finance, Mr. Rice became Vice President of Business Development for IBM’s Consumer Division. Here he began … Continue reading ““Bernie” Rice Joins Madison Ave. Media (KHZM.OB) Advisory Board”

Yesterday, China Shuanji Cement, Ltd., a manufacturer of cement in the Shandong and Hainan provinces of China, announced that it has opened its newest one million metric ton cement plant in Zhaoyuan City. The ribbon cutting ceremony was attended by the Zhaoyuan City mayor, as well as employees and representatives of China Shuangji, in addition … Continue reading “China Shuanji Cement, Ltd. (CSGJ.OB) Opens New Plant”

SunLink Health Systems, Inc. operates seven community hospitals and related nursing home and home care businesses in the Southeast and Midwest as well as a specialty pharmacy business, SunLink Scripts Rx, in Louisiana. SunLink links their patients’ needs with dedicated physicians and healthcare professionals to deliver quality, efficient medical care and healthcare products and services. … Continue reading “SunLink Health Systems, Inc. (SSY) is “One to Watch””

Genoil is a Canadian engineering technology development company with a portfolio of petroleum technologies. The company operates two major research facilities in Canada and Romania where it focuses on developing cutting edge methods and new breakthrough patents to address the world’s energy problems. In line with its operational mission, Genoil has entered into an agreement … Continue reading “Genoil, Inc. (GNOLF.OB) Acquires Wastewater Treatment Plant in Accordance with Broader Company Mission”