Avanex Corporation (AVNX), a pioneer of intelligent photonics, announced that Alcatel-Lucent has extended their supply agreement for an additional three years. The Pirelli Group has also purchased the 12.4 percent stake in Avanex that was…
Adolor Corporation (ADLR) and GlaxoSmithKline (GSK) have jointly announced that the Gastrointestinal Drugs Advisory Committee of the U.S. Food and Drug Administration (FDA) will review Adolor’s application for the new drug, Entereg. This drug can…
Bookham, Inc. (BKHM), a leading provider of optical components, modules, and subsystems, has announced the appointment of Kate Rundle to the position of executive vice president and general counsel. Ms. Rundle has over 25 years…
Art Technology Group (ARTG) announced that its wholly owned subsidiary, eStara, is to provide a vast array of leading products for luxurylink.com, effective immediately. LuxuryLink, taking aggressive steps to boost cross-channel conversion rates, has decided…
AXT, Inc (AXTI), a leading manufacturer of semiconductor technology, has announced the promotion of Chia-Li Wei to the newly created position of Chief Technology Officer, effective December 1. As Wei shifts overall corporate responsibilities, he…
Synergetics USA, Inc. (SURG) announced that the company will begin production of a lower priced electrosurgical generator with full feature cut and coagulation modes within the upcoming months. This unit, called Dual Wave, was designed…
Sirius Satellite Radio (SIRI), the Official Satellite Radio Partner of Nascar, has announced that the company will provide Nascar fans with the most comprehensive coverage available of the 2007 Nascar Nextel Cup Series Champions. Fans…
Metro One Telecommunications, Inc. (INFO), a developer and provider of Enhanced Directory Assistance and other enhanced telecom services, has entered into a three year agreement with US Interconnection Service, Inc. This agreement specifies that Metro…
VistaGen Therapeutics, Inc. welcomes news of the technological discovery reported this week that reprograms adult skin cells into human universal cells, according to H. Ralph Snodgrass, Ph.D., president and CEO. VistaGen is a platform-enabled biopharmaceutical…
InfuSystem Holdings, Inc (HAPN), a leading provider of infusion pump services to aid patients suffering from chemotherapy, has announced the election of David M. Haar to the newly created corporate position – Vice President of…
Delcath Systems, Inc (DCTH) announced that the U.S. Food and Drug Administration has informed the company that patient enrollment can now resume in the company’s Phase II and Phase III clinical trials of the Delcath…
Atari, Inc. (ATAR), one of the world’s most recognized video gaming brands, has announced that the company’s “Godzilla Unleashed” for Playstation 2 and “Godzilla Unleashed: Double Smash” for Nintendo DS have shipped to retailers within…
TeleCommunication Systems, Inc (TSYS), a leading company focused on wireless communications, has announced that the Greater Baltimore Committee has awarded TCS’s President and CEO, Maurice B. Tose, with their “Bridging the Gap” Award. This particular…
The Dow and the S&P 500 fell to their lowest levels in three months after trading commenced Monday afternoon. Shortly after a major U.S. broker downgraded Citigroup to a “sell” recommendation, investors showed an overall…
Celgene Corporation (CELG) and Pharmion Corporation (PHRM) have signed a merger agreement where Celegen has agreed to purchase all common stock of Pharmion Corporation. Under the terms of this agreement, Celgene will acquire all of…
ValueVision Media, Inc (VVTV) has announced the release of the company’s second generation commerce site, www.shopNBC.TV. ShopNBC will function as an upscale home shopping network and also as Internet retailer; featuring several new leading features…
Tetra Tech, Inc. (TTEK) announced that the U.S. Army has officially awarded the company an additional five year, $218 million contract. This contract extension will formally be used to transition the Rocky Mountain Arsenal into…
FedEx Corp (FDX.BA), a leading package and shipping company, has cut their profit forecast for the second time this year on Friday. Because fuel costs are continually rising and there is weak freight demand, the…
EXACT Sciences Corporation (EXAS) has announced results for the company’s study regarding their Version 2 technology for colorectal cancer. This detailed study has consistent results with similar findings published earlier this year. For this reason,…
DeCODE Genetics (DCGN) has announced the official launch of the company’s deCODEme service. This service enables individuals to get a detailed look at their specific genome, the first technology of its kind. Through one’s subscription…