Generex Biotechnology Corporation (GNBT) announced today presentation of early results from an efficacy study of an immunotherapeutic in triple negative breast cancer patients from its wholly owned subsidiary, Antigen Express, Inc. The results will be made at the 2012 ASCO (American Society of Clinical Oncology) Breast Cancer Symposium on September 14th. Dr. Elizabeth Mittendorf, the […]
DARA BioSciences, Inc. (DARA) announced today that company entered into an exclusive agreement with The Helsinn Group of Switzerland for U.S. commercial rights to Gelclair®. DARA plans to launch Gelclair, FDA-cleared product indicated for the treatment of oral mucositis, in the first quarter of 2013. Oral mucositis market is approximately 400,000 patients annually according to […]
News: United Resource Holdings Group, Inc. (URHG) announced today that the NDEP (Nevada Division of Environmental Protection) has granted conditional approval of URHG’s Nevada Water Pollution Control Permit Application for URHG’s Dun Glen Placer Mine project. Issuance of the permit is anticipated on or about October 15, 2012 . Mark A. Kersey , URHG’s Chief […]
Office Depot Inc. (NYSE: ODP) shares gained 12% as of 11 AM EDT regardless of the “south” trading direction in overall retail sector. The office-supplies chain left unchanged its full-year 2012 outlook at a Goldman Sacks Global Retailing Conference: The Company expects to achieve full-year 2012 adjusted EBIT in the $125 to $135 million range, […]
Stratex Oil & Gas Holdings, Inc. (STTX) today announced that it has made an offer to acquire Magellan Petroleum Corpotation (MPET) for $2.30/share in cash and stock. Stratex is fully committed to pursuing this transaction totalling at approximately $124 million and has secured committed financing to complete the cash portion of the offer. The offer […]
Kips Bay Medical, Inc. (KIPS) announced on August 22nd/2012 that its U.S. feasibility trial (eMESH I) of the eSVS Mesh has commenced in Bern, Switzerland and anticipates first implants and enrollments under this study to begin the week of September 2, 2012. The objective of the eMESH I study remains the demonstration of initial safety […]
NeoMedia Technologies (NEOM) yesterday announced that it has granted Microsoft a worldwide, non-exclusive, license to NeoMedia’s patent portfolio that consists of over 74 patents awarded and pending worldwide, encompasses many mobile barcode implementations used widely across the industry. (Note: no $$$ numbers have been mentioned). NeoMedia’s shares jumped over 120% on this announcement. NEOM reported […]
Vision Plasma Systems (VLNX) and Continental Prison Systems (CPSZ) offer perfect swing trading opportunity while undervalued investments in Lpath (LPTN) and Implant Sciences (IMSC) are still on the verge of the major upcoming events. Vision Plasma Systems (VLNX) There is no secret what to expect from the multi-million promotional campaign on a company that operates […]
ATP Oil & Gas Corp. (ATPG) stock gained today 19.5% after a loss of 74% on the Friday’s trading session. Company is in negotiation of a debtor-in-possession loan of $600 million that should be being provided by Credit Suisse Group AG. Will those funds been used for the ATP’s bankruptcy proceedings? Time will tell, so […]
SPAR Group, Inc. (SGRP) today announced its financial results for the second quarter 2012. Company revenues were $24.3 million, with gross profit of $6.7 million and net income attributable to SPAR Group, Inc. of $718,000. For the six months of 2012 SPAR achieved revenue of $45.4 million, gross profit of $12.5 million and diluted earnings […]
