Blog - Page 3341 of 5758

MondayJan 30, 2012 12:18 pm

Cytori Therapeutics (CYTX) Gets Green Light from FDA to Initiate Cardiac Cell Therapy Trial

Cytori Therapeutics today announced it has received Investigational Device Exemption (IDE) approval from the U.S. Food and Drug Administration to begin the ATHENA trial to investigate the use of the company’s Celution® System. Cytori develops medical technologies to realize the potential of adult regenerative cells from fatty (adipose) tissue. The Celution® System is an innovative medical device to prepare adipose-derived stem and regenerative cells (ADRCs) to treat chronic myocardial ischemia (CMI), a form of coronary heart disease. The company sells its Celution® System family of medical devices in the European and Asian cosmetic and reconstructive surgery markets. Per today’s news,…

MondayJan 30, 2012 11:57 am

L&L Energy (LLEN) to Acquire Majority Stake in Weishe Coal Mine

Through its subsidiaries, L&L Energy operates coal mines, coking, and coal washing facilities in the Yunnan and Guizhou Provinces of China. Using expertise gained in the U.S., the company is using improved mining standards in China to gain a competitive advantage. L&L today announced that it entered into an agreement to acquire a 51% controlling interest in the Weishe coal mine located in the Guizhou Province of China from the Chinese miner Union Energy. This mine produces high quality, low sulfur anthracite coal. The company will acquire the interest for a purchase price of approximately $16.2 million to be paid…

MondayJan 30, 2012 11:18 am

Sunovia Energy Technologies, Inc. (SUNV) Video Chart for Monday, January 30, 2012

SUNV is holding a channel between $0.017 and $0.02. The indicators are mixed, but showing a possibility of a breakout, which will have technical traders looking for volume to increase and a move through the top of the channel to the next resistance at $0.024. To view the video chart, visit the following link: http://www.qualitystocks.net/videocharts Let us hear your thoughts below:

MondayJan 30, 2012 10:40 am

Noble Roman’s, Inc. (NROM) Introduces Juel Tillery, Director of Franchising

Last week, franchisor Noble Roman's, Inc. announced that Juel Tillery would be appointed to the newly created position of National Director of Franchising. Tillery comes to the position with experience in numerous pizza/assorted fast food franchises. Indianapolis based pizza franchise Noble Roman's is known for their pizza and breadsticks, and operates both standalone franchises as well as provides their products through convenience store locations and grocery stores. Food choices Noble Roman's offers through its pizza restaurants and Tuscano's Italian Style Subs locations include sandwiches, wings, pasta, and breakfast items in addition to the traditional pies. The role Tillery will play…

MondayJan 30, 2012 10:29 am

FrogAds.com (FROG) Opens 2nd West Coast Office to Further Penetrate the U.S. Online Advertising Market

Today before the opening bell, FrogAds, Inc. announced that it has accelerated its U.S. expansion plans with the opening of a second office on the West Coast. The new office, located in Woodland Hills, California, is to serve as the central programming hub of the company and immediately follows the opening of the first East Coast office in Philadelphia. "FrogAds.com is growing by leaps and bounds within the U.S., rapidly moving up the charts as one of the most visited websites in the country," commented Julian Spitari, Chief Executive Officer of FrogAds.com. "As the site becomes more and more utilized…

MondayJan 30, 2012 10:27 am

Axion Power International, Inc. (AXPW) Appoints New Senior Vice President of Sales and Marketing with 30 Years of Experience in Car Industry

Axion Power International, Inc., a developer of advanced lead carbon PbC® batteries and energy storage systems, recently announced that Vani Kumar Dantam will be the new Senior Vice President of Business Development, Sales & Marketing. Previously, Dantam was Vice President of Business Development and Sales for Ener1 in New York City. He will be moving to the New Castle area with his family to help increase sales of the PbC® technology. "Vani has an extraordinary background, having managed projects with GM, Ford, Daimler, Detroit Diesel, Cummins, Rolls-Royce, Ferrari, Volvo, Navistar, Volkswagen, Toyota, Honda, Daewoo and Hyundai. We are extremely pleased…

FridayJan 27, 2012 5:24 pm

Onyx Service and Solutions, Inc. (ONYX) Signs MOU to Acquire 25 percent of China-Based Optimum Solar

Onyx Service and Solutions, Inc., a for-profit corporation specializing in alternative energy solutions, announced today its execution of a Memorandum of Understanding agreement (MOU) to acquire 25 percent of Optimum Solar, a Hong Kong corporation specializing in the development of solar products and solutions. The terms of the acquisition will be settled following a due diligence review conducted by Onyx regarding Optimum’s future valuations and current operations. Onyx anticipates closing the acquisition within a period of several weeks, as the MOU terms allow for a short due diligence period. Onyx projects that the acquisition of this stake in Optimum will…

FridayJan 27, 2012 5:14 pm

Ranger Gold Corp. (RNGC) Closes $300k Private Placement; Readies to Start Drilling at Truman Site in Mineral County, Nevada

Today, Ranger Gold, the Nevada-focused gold developer employing a strategy that emphasizes low-cost assets in proven regions, reported closing a non-brokered $300k private placement structured as 2M shares of common stock (issued price of $0.15/share). President of RNGC, Gary Basrai, explained that this financing would be employed initiating the Company’s drilling program at the 1,080-acre (91 unpatented lode claims) Truman Project in Nevada’s prolific Mineral County. Basrai pointed to the Board-approved budget for drilling operations and indicated that sufficient budgeting for the drilling of eight holes at key points within the fifteen permitted sites at Truman was in place. The…

FridayJan 27, 2012 4:54 pm

Emulex (ELX) Posts Q2 Fiscal 2012 Financial and Business Results

Emulex Corp., a leading provider of converged networking solutions for the IT industry, today announced its financial results and operational achievements for its second quarter of fiscal 2012 ended January 1, 2012. The company reported a 13 percent increase in second-quarter net revenues to $128.7 million compared to total net revenues of $114.0 million reported for second quarter fiscal 2011. Second-quarter net income on a GAAP basis was $15.0 million, or $0.17 per diluted share, compared to a GAAP net loss of $41.0 million, or $(0.47) per share, in the second quarter of last year. Non-GAAP net income for the…

FridayJan 27, 2012 3:56 pm

Local Corp. (LOCM) Releases Optimized, Mobile-Enabled Search Site

Today, Local Corp., a leading online local media company, announced that they have released an updated and optimized mobile-enabled version of its flagship local search site, Local.com. The mobile site allows users to quickly and easily search for local products and services from their mobile device. Users can use the site’s geo-tracking technology to search for businesses near them based on their current physical location. The new optimized site features a simplified user interface and “app-like” navigation, as well as an easy click-to-call function. Users can use the site to see relevant local business information, including ratings, reviews, photos, logos…

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