Blog - Page 3426 of 5761

MondayOct 03, 2011 1:37 pm

BeaconEquity.com: Sangamo Biosciences (SGMO) Shares Fall on Study Failure

Shares of Sangamo Biosciences Inc., a biotechnology company engaged in the research, development and commercialization of DNA-binding proteins, are down sharply in today’s trading after the company announced that its phase IIb trial of SB-509 in diabetic neuropathy did not meet key study endpoints. At last check, Sangamo Biosciences shares were trading 23.45% lower at $3.33, with volume up from daily average of 604,766 to 1.86 million. Sangamo said that the phase IIb trial results showed that SB-509 treatment did not show statistically significant improvements from baseline when compared with placebo at 180 days in the primary endpoint. Dale Ando,…

MondayOct 03, 2011 1:00 pm

BeaconEquity.com: Regulators Approve Level 3’s (LVLT) Proposed Takeover of Global Crossing

Level 3 Communications Inc., a provider of a range of integrated communications services, said that the proposed takeover of Global Crossing Ltd. (NASDAQ: GLBC) has been approved by regulators, clearing the way for the company to complete the transaction. Level 3 said that it expects to complete the transaction early next week. The deal will expand the capacity of the company’s long-distance telecommunications network that transmits data across the world. The Justice Department and the Federal Communications Commission gave their nod to the proposed takeover on Thursday. The deal was announced back in April and has already been approved by…

MondayOct 03, 2011 12:53 pm

Digagogo Ventures Corp. (DOGO) Inks License Agreement with Red Deer DogoNet to Generate Revenues, Job Growth

Diagogo Ventures Corp., a provider of information and communications technology, today announced it has granted its flagship license to Red Deer DogoNet, which will pay an initial license fee of $500,000, as well as an ongoing 5 percent royalty fee as a percentage of gross revenues. Additionally, DogoNet has the option to purchase technical support, consulting and training services, payable to Diagogo. The grant gives DogoNet a “turnkey infrastructure” through the use of DogoSearch, DogoNet and DogoPay, all of which are developed and maintained by Digagogo. DogoSearch is a regionally specific advertising and search engine that enables local businesses to…

MondayOct 03, 2011 11:32 am

All American Gold Corp. (AAGC) Digs into the Nation’s Top Gold Producing Region with Promising Exploration Project

All American Gold Corp. is focused on the acquisition and exploration of mineral property holdings in Nevada, the nation’s top gold producing state. The company executes its mission to strengthen its exploration portfolio by evaluating new gold opportunities throughout the United States, and is currently working three projects in Nevada: Iowa Canyon, Belleville and Goldfield West. The company holds a 70 percent interest in the Belleville property, which is located about 250 miles northwest of Las Vegas, Nev. The project is comprised of ten, unpatented mining claims on approximately 74 acres. Nevada’s high desert climate and geological set-up allow for…

MondayOct 03, 2011 11:14 am

Swisher Hygiene (SWSH) Makes Several Acquisitions

Swisher Hygiene Inc. is a leading global provider of essential hygiene and sanitation products and services. These essential solutions include cleaning and sanitizing chemicals, foodservice and laundry products, restroom hygiene programs and other related products. The company today announced that it has acquired the assets and liabilities of three companies. These firms include L&F Sales, an Oklahoma-based hygiene and chemicals company; BLP Group dba Santec Services, a Florida-based hygiene and chemicals company; and Kaper CPR dba Guardian Environmental, a Missouri-based hygiene company. L&F covers the greater Oklahoma City area and adjacent markets, while Santec serves the southwest Florida coast. Both…

MondayOct 03, 2011 11:04 am

Neuroscience Letters Publishes Peer-Reviewed Study on Rexahn Pharmaceuticals (RNN) Drug Candidate

Rexahn Pharmaceuticals, Inc. announced today the publication of a peer-reviewed study in Neuroscience Letters. The study validates the mechanism of clavulanic acid, the active compound in Serdaxin®, the company’s lead CNS drug. The published study, entitled “Clavulanic acid increases dopamine release in neuronal cells through a mechanism involving enhanced vesicle trafficking,” shows that clavulanic acid enhances release of neurotransmitters such as dopamine in the brain cell by interacting with key proteins for vesicle trafficking and fusion. “This study is significant because it confirms at the molecular and cellular levels how Serdaxin enhances the release of neurotransmitters in the brain. Previous…

MondayOct 03, 2011 10:59 am

NeoStem, Inc. (NBS) Subsidiary Progenitor Cell Therapy Secures Key Brain Cancer Vaccine Manufacturing Agreement with ImmunoCellular Therapeutics

NeoStem, an extremely well-positioned leader in the cell therapy space, via wholly-owned subsidiary Progenitor Cell Therapy, LLC, recently announced a major manufacturing agreement with clinical-stage biotech firm ImmunoCellular Therapeutics, Ltd., a developer of innovative immune-based therapies for brain and other cancers. Progenitor will serve a key manufacturing role in production during the run up to Phase II clinical trials of ICT-107, obtaining a strong foothold for as a strategic partner for a future Phase III involving the powerful new glioblastoma vaccine, which utilizes a dendritic cell-based targeting of a host of antigens linked to such tumors. President and CSO of…

MondayOct 03, 2011 10:41 am

LML Patent Corp. (LMLP) Video Chart for Monday, October 3, 2011

In a classic bounce position, LMLP made a solid move on Friday, but gave a fair amount of the gains back by the end of the day. Technical traders will be watching for momentum to come into the play to start this week as resistance is still nearly 40 cents away. To view the video chart, visit the following link: http://www.qualitystocks.net/videocharts Let us hear your thoughts below:

MondayOct 03, 2011 9:24 am

Zhongpin, Inc. (HOGS) Starts Trial Production of Prepared Pork Products at New Plant in Tianjin

Zhongpin, Inc., a meat and food processing company that specializes in pork and pork products in the People's Republic of China, announced that it has started trial production at its new prepared pork products plant in Tianjin. The plant cost about $22 million and will produce about 36,000 metric tons annually. Zhongpin will produce sausages, hotdogs and other low-temperature meat products at the new prepared pork facility. Zhongpin reports that this is phase 2 of its industrial park in Tianjin. Phase 1 is the chilled and frozen pork plant that has produced about 100,000 metric tons yearly since it opened…

MondayOct 03, 2011 8:57 am

American Standard Energy Corp. (ASEN) Issues Oil and Gas Operational Update

American Standard Energy issued an operational update on the company’s oil and gas activities in the United States. The company is active in various producing basins in North Dakota and Texas. American Standard Energy recently initiated a twenty six well drilling program in the Permian Basin in Texas. The company is operating three rigs here and is targeting the Wolfberry and Wolfcamp formations in three different counties. American Standard Energy is waiting for the initial production rates of two wells that were recently completed and has five additional wells scheduled for hydraulic fracturing operations. The company is also attempting to…

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