Siemens Corporate Research spin-off and Speedus Corp. subsidiary, Zargis Medical Corp., announced Friday that it has received U.S. Food and Drug Administration clearance to market the new Signal X6(TM) device. The company also announced that…
FieldPoint Petroleum Corp. is an oil and gas exploration, production and acquisition company primarily focused on Louisiana, New Mexico, Oklahoma, Texas and Wyoming. The company today announced the $4.4 million acquisition of a working interest…
Point.360 reported a net loss of $12.2 million, or $1.20 per share, in its fourth fiscal quarter. The company reported net income of $0.1 million, or $0.01, per share in the same quarter in 2008.…
Cavico Corporations, a young Vietnamese Company that has gained a global reputation as a leading infrastructure development company, reached a major milestone in its history with the announcement that their common stock has been approved…
Somanetics Corp. released results for its third fiscal quarter of 2009, ending August 31, 2009. The company reported net income of $2.2 million, or $0.17 per share. This was down from the $3.0 million, or…
CEL-SCI Corp (CVM) recently announced that it raised equity capital to fund further research and clinical trials of some of its drug candidates, including an anti cancer drug and one to treat swine flu. The…
U.S. Concrete, Inc. recently announced the divestiture of four concrete plants located in Sacramento, California. The company sold the plants for $6.0 million, plus an adjustment based on associated inventory transferred with the assets. In…
eDiets.com, Inc., a provider of personalized nutrition, fitness and weight-loss programs, recently announced that the company has entered into a $600,000 private placement with certain management members and the board of directors. The investment will…
A-Power Energy Generation Systems Ltd., the largest provider of distributed power generation systems in China, announced today a $90.5 million contract to develop a 49.5 Megawatt wind farm in the township of Saiwusu, Guba County…
Hyperdynamics Corp. is an independent oil and gas company with operations in the Republic of Guinea which is located in West Africa. The company has the sole exploration and production rights over Guinea’s offshore region,…
Protalix Biotherapeutics, Inc. continues to make headlines with its innovative compound, a recombinant form of glucocerebrosidase (prGCD). Last week, the company released that its compound had received the FDA’s Orphan Drug Donation. Yesterday, the company…
ALR Technologies, Inc.’s stock is currently trading at $0.21, up 425%, on massive volume of 3.3+ million traded shares. Earlier this month, QualityStocks highlighted the company in its daily newsletter when the stock was trading…
Compton Petroleum Corporation released the terms of its recently announced $150 million equity offering. The company will issue 120,000 units at $1.25 each. Each unit comprises one share of stock and one warrant. Each warrant…
There is a hidden gem on the Toronto Stock Exchange and its name is Day4 Energy. Day4 has been gaining national recognition as a leading technology developer and manufacturer of high performance solar electric molecules.…
China Natural Gas, Inc. recently completed its secondary public offering of common stock, raising $47.5 million in net proceeds for the company. China Natural Gas, Inc. sold 5.725 million shares at a price of $8.75…
Today, Continucare Corporation announced its financial results for its fourth quarter and fiscal year ended June 30, 2009. Total revenue for the fourth quarter increased 14% to $75.3 million, compared to $66.1 million for the…
Maxygen, Inc. (NASDAQ: MAXY) is committed to developing superior versions of existing major protein pharmaceuticals. The company’s lead product candidates meet the demands of substantial market opportunities such as cancer and autoimmune diseases. Well positioned…
New Millennium Bank reported a loss of $161,000 in its second quarter ending June 30, 2009. The bank had strong growth in total assets, which rose 26.4% to $240.2 million. Net loans also increased by…
Earlier today, Protalix BioTherapeutics, Inc. announced exciting news regarding its proprietary plant cell, prGCD. The company has received notice from the U.S. Food and Drug Administration that the Office of Orphan Products Development has granted…
Kaman Corp. produces and/or markets widely-used products for various commercial firms and the military. The company announced today that the helicopter division of its subsidiary, Kaman Aerospace, has been awarded a five-year contract with a…
Butler National Corp. reported net income of $718,000 in its first quarter of fiscal 2010 (ending July 31, 2009). This was up 126% over the same period in 2008. Revenues were $6.06 million, up 17%…
Verenium Corporation is conducting a 1 for 12 reverse stock split to be effective on September 9, 2009. The stock split will reduce the number of shares outstanding from 111.3 million to 9.3 million. Verenium…
Solarfun Power Holdings Co., Ltd., a vertically integrated manufacturer of silicon ingots and photovoltaic (PV) cells and modules in China, announced that Jiangsu Linyang Solarfun Co., Ltd., a wholly owned subsidiary, has signed a letter…
Credence Corp. today announced its fourth-quarter results for the period ended July 31, 2009, as well as its expectations for fiscal 2010. The provider of chip testing equipment reported a loss for its fiscal fourth-quarter…
Universal Travel Group is a growing travel services provider in China. The company provides services such as: hotel reservations, airline bookings, and packaged tours via the internet and through customer service representatives. The company announced…
Finding footing in a new world of energy consumption is a difficult task. What will sell and work is thought to be understood but can sometimes turn out to be a “dud”. Time is the…
Vical Inc. researches and develops biopharmaceutical products based on its patented DNA delivery technologies for the prevention and treatment of serious or life-threatening diseases. Potential applications of the company’s DNA delivery technology would include DNA…
PokerTek, Inc. raised $500,000 in a private placement of stock with several different accredited investors. The company sold a total of 686,090 shares at $0.76. Lyle Berman, the Chairman of the Board of Directors of…
Met-Pro Corporation announced today that it received an order for one of its regenerative thermal oxidation (RTO) systems. Industrial companies use this product to treat volatile organic compounds (VOCs) and other atmospheric pollutants. The order…
Frisch’s Restaurants, Inc. (FRS) declared a $0.13 dividend, up 8% or $0.01 from the previous quarter. The company has paid a dividend for 195 consecutive quarters, starting with its first quarter as a public company…
Ixia, based in California, is a leading supplier of performance test systems, allowing Internet equipment manufacturers, carriers, service providers, government agencies, and enterprises to effectively test IP networking equipment of all types and sizes. The…
Yucheng Technologies Ltd. provides IT services to financial service providers in China. The company yesterday announced it has put into action a Top Four bank’s e-banking VIP interface, combining heightened network security and an easy-to-use…
AuthenTec is a global provider of touch-powered technology applicable to PCs, cell phones and other devices, creating a “smart fingerprint” solution for Web sites, online social networks and digital identity. The company announced the expansion…
Jennifer Convertibles, Inc. (JEN) announced that it was opening two more Ashley Furniture HomeStores, bringing the total to four. The two new stores will be located in Farmingdale, N.Y. and Elmhurst, N.Y., and are operated…
American International Industries, Inc. is a diversified holding company that utilizes a business model similar to General Electric, Tyco International, and Berkshire Hathaway. With holdings in Industry, Finance, Real Estate, and Oil & Gas, the…
In today’s economic times, finding a company that has kept at it and done well is the real challenge. For a savvy investor, finding a company that has got right down into the muck and…
Protalix BioTherapeutics, Inc., a leading biopharmaceutical company focused on the development and commercialization of proprietary recombinant therapeutic proteins, recently announced that the company has received Fast Track Designation from the U.S. Food and Drug Administration…
ATS Medical Inc. manufactures and markets advanced cardiac surgery products and services through its heart valve disease therapy and surgical ablation of cardiac arrhythmias segments. The company yesterday announced FDA-approval for a first-of-its-kind clinical study…
Dreams, Inc. (DRJ) reported a net loss of $1.1 million, or ($0.03) per share, for its second quarter ending 6/30/2009. The company reported a similar loss in the same quarter of 2008. Revenues in the…
Working in the big leagues of the pharma world allows little room for error. Make a misstep and quite a bit of capital can be lost. Get the process right, however, and quite a bit…