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ThursdayNov 17, 2011 1:39 pm

Drop in Unemployment Applications Suggests Hiring May Improve

Another indication that the jobs picture may be getting ready to improve came Thursday with the Labor Department’s announcement that weekly unemployment benefit applications dropped by 5,000 to a seasonally adjusted 388,000. It was the lowest level since early April, and the fourth decline in five weeks. The four-week average dropped below 400,000 for the first time in seven months, to 396,750. The numbers suggest an easing in layoffs, which could be setting the stage for an increase in hiring. Applications need a consistent drop below 375,000 for sustained job growth. The last time that number was seen was in…

ThursdayNov 17, 2011 1:36 pm

SANUWAVE Health Inc. (SNWV) Presents Positive Phase 3 Clinical Data to Large Federal Healthcare Audience

SANUWAVE Health Inc., an emerging regenerativee medicine company, today announced that positive data from its phase III clinical trial of dermaPACE® for the treatment of diabetic foot ulcers was the subject of a Continuing Medical Education (CME) accredited presentation at Desert Foot 2011: The 8th Annual High Risk Diabetic Foot Conference, honoring Federal Service Healthcare Providers, in Phoenix, Ariz. The company’s PACE® technology delivers high-energy acoustic pressure waves to accelerate inflammatory response to speed up the body’s natural healing process. Robert Frykberg, DPM, MPH, chairman of Desert Foot 2011, a surgeon at the Carl T. Hayden Veterans Affairs Medical Center…

ThursdayNov 17, 2011 1:31 pm

Strategic American Oil Corp. (SGCA) Reports Positive Income from Operations; Anticipates Continued Increases in Production, Cash Flow and Assets

Strategic American Oil Corp. today reported its financial results for the fiscal fourth quarter ended July 31, 2011. Revenues totaled $1.92 million as compared to $1.49 million for the previous three quarters combined. Income from Operations for Q4 was a positive $3,118 as compared to a loss of $8.8 million in the three previous quarters combined. The company also told investors that the "going concern" note has been removed from its audit opinion contained in its recently filed Form 10-K for the year ended July 31, 2011. The annual filing confirms that the Company has increased revenues, cash flow, assets,…

ThursdayNov 17, 2011 1:02 pm

Marina Biotech (MRNA) Given Patent in China for Its Intranasal Insulin Delivery Formulation

Marina Biotech Inc. is a biotechnology company focused on the development and commercialization of oligonucleotide-based therapeutics. The company's innovative therapeutics utilize multiple mechanisms of action, including RNA interference and messenger RNA translational blocking. The company reported today that China's State Intellectual Property Office has issued a Notification of Granting Patent Rights for PRC 200680047851. This patent covers pharmaceutical formulations for intranasal delivery of insulin, and uses of the formulation to treat diseases associated with inappropriate insulin levels. The president of CEO of Marina Biotech, J. Michael French, said, “We believe that the intranasal assets from our predecessor company, Nastech Pharmaceutical,…

ThursdayNov 17, 2011 1:00 pm

NetSol Technologies, Inc. (NTWK) Enters Agreement with Minsheng Financial Leasing Co. to Implement NetSol Financial Suite Solution

NetSol Technologies, Inc., a company that designs, develops, and markets software products for the automobile finance and leasing, banking, healthcare, and financial services industries worldwide, announced that it has signed an agreement with Minsheng Financial Leasing Co. (MSFL), a leader of aircraft leases in Asia, for the implementation of the NetSol Financial Suite Solution. The agreement, which includes product licenses, on-site implementation services, and business process consultancy, extends and reaffirms a strategic partnership between Minsheng and Netsol that had begun back in 2009. The two parties had previously signed a multi-million dollar contract for Mingsheng Financial Leasing’s core leasing system.…

ThursdayNov 17, 2011 11:19 am

Kranem/Xalted Group (KRAN) is “One to Watch”

The Kranem/Xalted Group is a leading worldwide provider of end-to-end proactive intelligence, analytics, and revenue maximization software and solutions. The Company serves some of the world's largest law enforcement agencies, government agencies, and telecom and data services providers. Kranem incorporated in the State of Colorado in 2002 under the name Kranem Corp. Prior to the acquisition of Xalted Networks, they offered high-quality office and office supply products to businesses, educational institutions, government agencies, and individuals. The two principal markets that Kranem/Xalted Group software solutions address are the telecom security market and the homeland security market. Xalted includes law enforcement as…

ThursdayNov 17, 2011 11:12 am

International Fuel Technology (IFUE) Announces Rail Progress to Belgium

Located in St. Louis, Missouri, International Fuel Technology has quickly earned a reputation as a top fuel performance enhancement company that is focused on providing its technology to large and industrial consumers across the sector. Today, the company took a major step towards prominence with the announcement they will expand rail progress to Belgium. The National Railway Company of Belgium (SNCB) will commence field validation of DiesoLiFTTM 10, which is IFT’s proprietary surfactant-based fuel additive formulation for utilization with diesel and bio-diesel fuel blends. This will allow for dramatic progress in opening up markets in both Western and Eastern Europe…

ThursdayNov 17, 2011 9:44 am

Universal Detection Technology (UNDT) Announces Record Third Quarter Revenues

On Wednesday, Universal Detection Technology announced that the Company's revenues for the quarter ended September 30, 2011 were the highest quarterly revenues in more than three years. The increase is mainly due to high demand for radiation detection equipment domestically and internationally. The Company is also starting to see increased sales from their newly remodeled online store. Universal Detection Technology’s third quarter revenues increased 6,000 percent to $113,519 from $1,821 during the third quarter of the prior year. The unfortunate nuclear disaster in Japan created a large market for equipment used for detection of harmful radiation in the ambient environment…

ThursdayNov 17, 2011 9:41 am

PositiveID Corp. (PSID) Receives Clearance from FDA for iglucose™ Mobile Health System

PositiveID Corp., a developer of diabetes management medical technologies, announced that it has received clearance from the U.S. Food and Drug Administration for its iglucose™ mobile health technology. The iglucose technology revolutionizes the way in which people with diabetes manage their condition; by communicating glucose readings from data-capable glucometers to the iglucose portal, family members, caregivers and healthcare professionals can all access the important data. PositiveID’s technology responds to the call by the American Diabetes Association and the CDC for those affected by diabetes to self-monitor and give glucose readings to their healthcare professionals. An American Association of Diabetes Educators…

ThursdayNov 17, 2011 9:38 am

Deyu Agriculture (DEYU) Posts Solid Increases in Q2 Financial Performance

Deyu Agriculture Corp., a vertically integrated producer, processor, marketer and distributor of organic and other agricultural products made from corn and grains operating in the Shanxi Province of the People's Republic of China, yesterday reported its financial results for the second quarter ended June 30, 2011. The company reported a 182 percent increase in revenue for the second quarter of 2011 to $52.0 million compared to $18.5 million reported in the comparable quarter of 2010. Gross profit for the second quarter of 2011 improved 88 percent to $8.9 million compared to $.4.7 million in the second quarter of 2010. Deyu's…

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