Blog - Page 3589 of 5766

FridayApr 08, 2011 8:19 am

DARA BioSciences (DARA) Reports 2010 Results and Corporate Overview

DARA BioSciences yesterday provided its 2010 annual report that was filed with the SEC on March 25, 2011 and provided a corporate overview. Highlights from the announcement included: • DARA receiving approximately $8.4 million in cash and funding commitments to continue the clinical development of its two leading drug candidates for which the Company believes provides them with sufficient cash to achieve the next series of key milestones during 2011. • Announcement of a Clinical Trial Collaboration Agreement with the Symptom Management & Drug Development, Community Oncology & Prevention Trials Group, Division of Cancer Prevention; National Cancer Institute (NCI) to…

FridayApr 08, 2011 7:39 am

Graymark Healthcare, Inc. (GRMH) Reports 107% Increase in Resupply Shipments for Q1

Graymark Healthcare, Inc., the nation's second largest provider of diagnostic sleep services and an innovator in comprehensive care for obstructive sleep apnea (OSA), today posted more than 100 percent increase in patient resupply shipments. In the first quarter of 2011, Graymark said it shipped 2,244 resupply packages relating to its Continuous Positive Airway Pressure (CPAP) machines, compared to 1,084 in the same year-ago quarter and 2,220 in the previous quarter. The company said the increase is due to a growing rate in the number of sleep studies performed through the company's higher margin outreach program. Sleep therapy setups also increased,…

FridayApr 08, 2011 7:38 am

Penford Corp. (PENX) Reports Quarterly Financials

Penford Corp., a leader in renewable ingredient systems for industrial and food applications, yesterday reported its second-quarter results for the quarter ended February 28, 2011. The company reported that its revenues increased 19 percent to $74.3 million from $62.3 million a year ago. Loss from continuing operations was $1.6 million, or $(0.13) per diluted share, for the quarter ended February 28, 2011, compared with a loss from continuing operations of $1.8 million, or $(0.17) per diluted share last year. Penford’s Food Ingredients segment reported record second quarter sales, up 9 percent from the prior year. The company attributes the increases…

FridayApr 08, 2011 7:36 am

China Gerui Advanced Materials Group Ltd. (CHOP) Posts Solid Q4, FY2010 Results

China Gerui Advanced Materials Group, a leading high precision, cold-rolled strip steel producer in China, yesterday announced unaudited financial results for the fourth quarter and full year ended December 31, 2010, posting increases across the board. Fourth-quarter revenue increased 15.6 percent to $66.1 million in the fourth quarter of 2010 compared to $57.2 million in the fourth quarter of 2009. The company reported its gross profit increased 15.4 percent to $19.6 million in the fourth quarter of 2010 from $17.0 million in the same period of 2009. Gross margin remained flat at 29.7 percent in the fourth quarter of 2010.…

ThursdayApr 07, 2011 1:45 pm

Simulated Environment Concepts, Inc. (SMEV) Was Built from the Top Down

It’s the founders and leaders that determine the initial direction of a developing company, including its mission and strategic goals, the corporate culture, and, most importantly, the kind of people who will join the team. If a strong sense of direction, passion, and purpose aren’t there from the beginning, the company is unlikely to last. For anyone familiar with Simulated Environment Concepts, makers of the SpaCapsule automated massage and personal health spa, it’s clear that these foundational qualities have defined the company from the first day of operation. At the heart of their mission is a high level of dedication…

ThursdayApr 07, 2011 1:10 pm

Beacon Equity Research Featured Company: Solar Park Initiatives, Inc. (SOPV)

Solar Park Initiatives, Inc. combines over fifty years of utility expertise with solar engineering prowess to generate affordable and clean electricity while preserving our natural resources. The company offers professional and project developing services that provide renewable energy through photovoltaic and solar thermal technologies. Solar Park Initiatives builds, owns and operates solar generation facilities that range from as small as 2 Mega Watts to utility scale facilities in the Gigawatt range. The company intends to build all facilities with no construction cost to the customer. Solar Park leverages its energy expertise, solar PV supplier relationships, and procurement processes to help…

ThursdayApr 07, 2011 1:09 pm

Beacon Equity Research Featured Company: Polar Wireless Corp. (BCDI)

Polar Wireless specializes in working closely with major wireless providers to eliminate roaming charges while offering competitive calling card rates to its subscribers. The company recognizes the important role of mobile devices in consumers’ everyday lives, but also the exorbitant roaming charges associated with traveling out of network. Armed with that knowledge, Polar Wireless exists to solve the problem through breakthrough technology that makes all mobile usage local. To do so, the company developed the Polar Wireless chip: a multifunctional, miniature electronic device for mobile phones. The chip is inserted into the user's cell phone in conjunction with the main…

ThursdayApr 07, 2011 12:39 pm

Willow Creek Enterprises, Inc. (WLOC) Agrees to Purchase Mineral Claims

Willow Creek Enterprises, Inc. announced that the company has signed a letter of intent to purchase two mineral claims near an existing project in the western United States. Willow Creek Enterprises said that the two claims total 40 acres and are located contiguous to the Hercules property in Lyon County, Nevada. The acquisition will increase the company’s interests here to 88 claims, comprising 1,760 acres. Willow Creek Enterprises estimates that the inferred resources at the Hercules property total approximately 417,000 gold equivalent ounces. The company plans to reassess the resource level once the deal closes. Willow Creek Enterprises Inc. has…

ThursdayApr 07, 2011 12:37 pm

Albany Molecular Research, Inc. (AMRI) Announces Exclusive Commercial Supply and Development Agreement with Parnell Manufacturing

Albany Molecular Research, Inc., a provider of contract services to a variety of biotechnology and pharmaceutical companies, recently announced that it has formed a development and long-term commercial supply agreement with Parnell Manufacturing Pty Ltd (PARNELL), an Australian based company that specializes in the research, development, and manufacturing of veterinary products. Per terms of the agreement, AMRI will provide process development, manufacturing and supply of active pharmaceutical ingredients, or APIs, that will be supporting Parnell’s submission of its New Animal Drug Application (NADA) with the US Food and Drug Administration (FDA) and the commercial launch of its veterinary product onto…

ThursdayApr 07, 2011 12:32 pm

CryoPort Inc. (CYRX) Adds New Chief Commercial Officer and Senior Sales Directors

CryoPort Inc. has developed an innovative, proprietary, technology-driven transport and packaging system focused on providing a solution that replaces dry ice for the frozen shipping market in the global life science industry. The company's products have a 10+ day holding time, use 'green' materials and are essential components of the infrastructure for the testing and research of temperature sensitive medicines and biomaterials. The company today announced that it has significantly expanded its marketing and sales operations by naming Mark Engelhart as senior vice-president and chief commercial officer, and Damon Baca and Tony Goffe as senior directors of sales. With next-generation…

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