MissionIR Articles

Leading Chinese national liquid and fertilizer manufacturer, China Agritech, Inc., announced today that it is increasing its annual net revenue and net income guidance for the year ending December 31, 2009. This increase follows a…

Helen of Troy Ltd. designs, develops and markets brand-name personal care and household consumer products. The company yesterday announced its financial results for the second quarter and half-year ended August 31, 2009, posting increases in…

AVANIR Pharmaceuticals, Inc., a biopharmaceutical company focused on acquiring, developing, and commercializing novel therapeutic products for the treatment of central nervous system disorders, recently announced that the company has received a “Notice of Allowance” from…

SurModics, Inc. announced yesterday that it has signed an exclusive agreement with the Roche Group and Genentech for the licensing of its proprietary drug delivery system. This agreement will also establish a development process whereby…

First Advantage Corporation made an equity investment in EnticeLabs, Inc., a company that provides HR recruitment advertising services for both active and passive job seekers. The company did not disclose the amount of the investment.…

It is often said that the quiet ones are the ones to watch. They go about their business with little noise or capital expense, then all of a sudden “pop” with profit. It is always…

AVI BioPharma, Inc., developer of RNA-based drugs, announced today that it has received expanded contract funding from the government for the development of the Investigational New Drug (IND) data package for its candidate drug AVI-7012,…

Inovio Biomedical is engaged in the design, development and delivery of DNA vaccines for the prevention and treatment of cancers and infectious diseases. The company today announced that a combination of its synthetic consensus (SynCon)…

Depomed, Inc. stock moved up $1.25 to $5.66 in robust trading today on word of top-line results for Phase 3 clinical trials of its new drug. DM-1796 (gabapentin ER) is a newly formulated, once-daily pain…

BancFirst Corporation signed an agreement to purchase First Jones Bancorporation and its banking subsidiary, First State Bank, Jones of Oklahoma. Expecting the deal to close on the last day of 2009, BancFirst Corporation did not…

Pro-Fac Cooperative, Inc. (PFACP) recently declared a $0.20 dividend to holders of its Cumulative Preferred Class A stock. The date of record is October 15, 2009 and the dividend will be payable on November 2,…

Raptor Pharmaceutical Corp., a company focused on accelerating the speed of new treatment to patients by improving existing therapeutics, yesterday announced the appointment of Llew Keltner, M.D., Ph.D., to the company’s board of directors. Dr.…

Global leader in access control and wireless security systems, Intellicheck Mobilisa, Inc. announced today that it received a contract modification of additional funding for the company’s Floating Area Network (FAN) and Littoral Sensor Grid wireless…

China North East Petroleum Holdings Limited today announced the acquisition of controlling interest in Song Yuan Tiancheng Drilling Engineering Co. Ltd. (Tiancheng), via a $130-million USD purchase. NEP is a trailblazer in the privatized, crude…

TransDigm Group Inc. announced the pricing of its $425 million Senior Subordinated Notes issue. The issue is a private offering that will close on October 6, 2009. TransDigm Group will use the proceeds of the…

Magnum D’Or Resources, Inc. is an innovator in rubber reprocessing with the logistical capacity to easily satisfy its 5-year, $131.2 million in open contracts for the production of rubber buffings and nuggets. However, as Magnum…

Companies often stumble in certain areas only to come back stronger and more profitable as issues are addressed and overcome. In certain areas, this particular type of problem is more easily overcome then in others,…

Alexza Pharmaceuticals, Inc. announced a private placement equity offering of 8.1 million shares of common stock to several qualified institutional investors. The company will receive $2.4325 per share, or approximately $19.1 million in net proceeds.…

Keryx Biopharmaceuticals, Inc. is conducting a private placement of stock to qualified institutional investors. The company is issuing 8 million shares of common stock at a price of $2.50, and will realize $20 million in…

Today, Spire Corporation announced that it has entered into two contracts to supply South Korea-based company Uni-CHEM Co., Ltd. with a 60 megawatt (MW) per year turnkey Cell Line and a 50MW per year turnkey…

Headquartered in Watertown, Massachusetts, A123 Systems, Inc. designs, develops, manufactures, and sells advanced, rechargeable lithium-ion batteries and battery systems. They do this for the transportation, electric grid services, and consumer markets. Founded in 2001, A123…

As the world economy begins to find its footing after recent economic events, companies are increasingly looking at costs and how to reduce and control them. In past years, capital was cheap and many institutions…

Life science company Helicos BioSciences Corp. focuses on genetic analysis technologies for the diagnostic market. The company today announced the sale of a system and relative collaboration with Correlagen Diagnostics Inc., a leader in genetic…

Cepheid, a diagnostics company focused on the biothreat market, last week made a joint announcement with Instrumentation Laboratory (IL), a worldwide developer, manufacturer and distributor of vitro-diagnostics instruments, reporting that Cepheid has received clearance from…

Corgenix Medical Corporation reported a net loss of $1.57 million, or $0.05 per share, for fiscal year 2009. Revenues were $8.06 million for the year, down from $8.35 million reported last year. Despite the loss,…

Ballard Power Systems, a world leader in clean energy fuel cell products, recently provided a status update to the supply agreement between the company and IdaTech and ACME Group. The supply agreement was for a…

Make no mistake about it, the economy has not been kind to investors and with this quasi-depression we have seen, most of the “Big Boys” and “Blue Chips” on Wall Street have felt the pain.…

Cavico Corp. has a proven track record of large-scale infrastructural development and natural resource exploitation in Vietnam. They announced yesterday the award of a contract from Vinh Son – Song Hinh Hydropower Joint Stock Company…

Ascent Solar Technologies Inc. develops thin-film photovoltaic (PV) modules designed to be more flexible and affordable than most traditional solar panels. The company today announced a five-year contract with TurtleEnergy LLC, a premium PV systems…

KSW Inc. operates through its wholly owned subsidiary KSW Mechanical Services Inc., which furnishes and installs heating, ventilating and air conditioning (HVAC) systems and piping systems for commercial, residential and public works projects. KSW has…

SmartHeat Inc. successfully raised equity capital through a public offering of its common stock. The company sold 8.33 million shares at a price of $9.00 per share, and received net proceeds of $69.5 million after…

Waste Services, Inc. (WSII) recently announced it would commence a note offering raising a total of $50 million in new capital. The company is offering 9.5% senior subordinated notes due 2014 in a private placement…

Neuralstem Inc. has patented technology which enables, for the first time, the ability to produce neural stem cells of the human brain and spinal cord in commercial quantities. The company’s technology also has the ability…

Friday, GlaxoSmithKline (NYSE:GSK) and XenoPort, Inc. (NASDAQ:XNPT) announced top-line results from a Phase II-b clinical trial. The study evaluates the safety and efficacy of GSK1838262/XP13512 (gabapentin enacarbil) for neuropathic pain, associated with post-herpetic neuralgia (PHN)…

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…