In a joint announcement, DryShips, Inc. and OceanFreight Inc. said that DryShips has acquired 3,000,856 shares of OceanFreight Inc., giving DryShips controlling interest in OceanFreight. DryShips came to this position via a complicated mix of…
Longwei Petroleum Investment Holding Ltd. issued an operational update on its current business activities along with new guidance on sales and earnings over the next two years. Longwei Petroleum Investment Holding now expects sales in…
Stock clearing agent Penson Worldwide, Inc. (Nasdaq: PNSN) was sued over a basket of legal issues, including making false and misleading statements to inflate its stock price. The class action suit was brought by national…
BioTime Inc. is a biotechnology company that, through various subsidiaries, develops and markets products in the field of regenerative medicine and blood plasma volume expanders. The company announced today that one of its majority-owned subsidiaries,…
Nevsun Resources, the rapidly growing mineral producer currently focused on aggressively expanding its resource base in and around its massive Bisha Mine Project in Eritrea, East Africa, reported finalization of arrangements with the State over…
VLOV Inc., a designer and marketer of VLOV-brand fashion forward apparel for men in the People’s Republic of China, today announced financial results for the second quarter and six months ended June 30, 2011. Net…
BioDelivery Sciences International Inc. is a specialty pharmaceutical company that is commercializing new applications of proven applications. The company is currently focusing its efforts in the areas of pain management and oncology supportive care. The…
Energizer Resources, the Toronto-based mineral developer currently focused on its 100% owned Green Giant vanadium deposit in Madagascar (one of the largest known deposits in the world), made a significant stride towards finalizing the prep-work…
AdCare Health Systems, Inc., a leading provider of skilled nursing and assisted living facility management, announced today that they will purchase for $13.5 million an Ohio skilled nursing and assisted living community. The community has…
BioTime, Inc., a California biotechnology company focused on regenerative medicine and blood plasma volume expanders, today announced NIH (National Institutes of Health) approval of four of the company’s embryonic stem cell lines for inclusion in…
JA Solar Holdings Co. Ltd. announced its financial results for its first quarter ended March 31, 2011. Revenue in the first quarter of 2011 was $556.4 million, an increase of 91.2 percent from $290.9 million…
Mer Telemanagement Solutions (MTS) Ltd., an Israeli Company that provides global business support systems (BSS) for comprehensive telecommunication management, telecommunications expense management (TEM) solutions and customer care & billing (CC&B) solutions, today announced that a…
Canadian Solar Inc., one of the world’s largest solar companies, today announced its financial results for the second quarter ended June 30, 2011, reflecting a solid quarter with increases across the board. Net revenue for…
Onstream Media Corp. reported record financial results for its fiscal third quarter; the company‘s fiscal year is set to end September 30. The announcement came just after Monday’s closing bell. The company said it racked…
China XD Plastics Company Limited, one of China’s leading players engaged in the development, manufacture, and sales of modified plastics primarily for automotive applications, today announced that Morgan Stanley Private Equity Asia (“MSPEA”) has agreed…
Trunkbow International Holdings Limited, a leading provider of Mobile Payment Solutions (MPS) and Mobile Value Added Solutions (MVAS) in the People’s Republic of China, today announced financial results for its first quarter ended March 31,…
Nexxus Lighting Inc. today reported its second quarter 2011 results, reflecting a significant boost in sales and an expansion of its patent portfolio. Total revenue for the three months ended June 30, 2011, increased 206…
ZBB Energy Corp., the leading developer of intelligent, renewable energy power platforms, announced today that they will provide the US Navy with a 1000kWH / 500kW-rated energy storage system for use in a micro-grid application…
PositiveID Corp., a developer of medical technologies for diabetes management, clinical diagnostics and bio-threat detection, announced today that the US Department of Homeland Security Science and Technologies Division has validated the performance of the recently…
Today, one of the world’s largest solar companies, Canadian Solar Inc., announced that it will supply 8 MW of solar modules to EOSOL Energies Nouvelles’ new ground-mounted solar power plant, which will have an installed…