September 2008 - Page 39 of 61

WednesdaySep 10, 2008 4:48 pm

FDA Meeting on Oxycyte Clinical Trial Scheduled For Oxygen Biotherapeutics, Inc. (OXBO.OB)

Oxygen Biotherapeutics, Inc. (OTCBB: OXBO) announced that it has a meeting scheduled for October with the Food and Drug Administration (FDA) about any remaining issues with a planned trial for its Oxycyte drug. Oxycyte is a perfluorocarbon oxygen carrier. Its proposed use is to help with traumatic brain injury. Oxygen Bio and the FDA, the U.S. medical standards agency, have tentatively set Oct. 20 as the meeting date. “At that meeting, we will be extensively prepared to resolve any remaining issues and concerns the FDA may have,” said company Chairman and CEO Chris J. Stern. “We view this as a…

WednesdaySep 10, 2008 4:47 pm

Adobe Systems, Inc. (ADBE) Moves Improved Flash Technology To TV With New Agreement

Adobe Systems, Inc. (NASDAQ: ADBE) and OpenTV Corp. (OPTV) have announced a strengthening of their partnership with the addition of Adobe’s Flash Lite software to OpenTV’s middleware. The move allows web technologies such as HTML and Adobe Flash to be easily combined for faster services and to readily generate time-sensitive applications such as advertising and other enhanced TV applications. The integrated product that results is expected to first be available in the Japanese market in the second half of 2009. OpenTV technology enhances digital television online and offline, while Adobe’s relatively new AIR software has allowed a greater openness of…

WednesdaySep 10, 2008 4:45 pm

Quantum Fuel Systems Technologies Worldwide Inc. (QTWW) Affiliate Successful in Raising $65M for “Green” Car Development

Quantum Fuel Systems Technologies Worldwide Inc. (Nasdaq: QTWW) operates as a fully integrated alternative energy company engaged in the development and production of advanced propulsion systems, energy storage technologies, and alternative fuel vehicles. The company’s affiliate, a privately owned “green” car company founded by QTWW in 2007, recently completed its Series C financing round on September 4, 2008. "We are extremely pleased to have closed our C financing round at this time, particularly in light of the current market conditions," Henrik Fisker, CEO of Fisker Automotive Inc. stated in the press release. "This shows investors, once again, that Fisker Automotive…

WednesdaySep 10, 2008 4:44 pm

Capstone Turbine Corp. (CPST) Inks Supply Agreement with Barber-Nichols

Capstone Turbine Corp. (Nasdaq: CPST) leads the industry in the production of low-emission microturbine systems, and was the first company to market commercially viable microturbine energy products. The company is a member of the U.S. Environmental Protection Agency’s Combined Heat and Power Partnership, committed to improving measures the nation takes to reduce emissions and greenhouse gases. Moving forward with this mission, Capstone today announced the signing of a supply agreement with Barber-Nichols Inc., in which Barber-Nichols will have the right to incorporate Capstone’s air bearing components for non-competing applications. Capstone will be Barber-Nichols’ exclusive supplier for air bearing technology, and…

WednesdaySep 10, 2008 4:40 pm

Airline Stocks Lose Altitude

Despite a decrease in oil prices, Airline stocks fell today behind an Energy Department Report showing a greater-than-average drop in crude inventories. Analyst predictions had inventories falling by just under four million barrels. Instead, the Energy Information Administration reported crude inventories down by 5.9 million barrels. American, United, and US Air were among the stocks declining the furthest. Let us hear your thoughts below:

WednesdaySep 10, 2008 4:39 pm

Video Gaming Companies Fare Well on Wednesday

Several game publishers and video console manufacturers experienced gains today as investors anticipated favorable numbers in researcher NPD Group's monthly retail sales report for the sector. The report is due out on Thursday. Michael Pachter, an analyst for Wedbush Morgan conveyed his expectation of $600 million in reported video game sales for the month of August. This would reflect a gain of over twenty percent compared to August, 2007. Let us hear your thoughts below:

WednesdaySep 10, 2008 4:38 pm

Most National Banks Lose Ground

The percieved instability of Lehman Brothers Holdings, the fourth largest investment bank in the US, has contributed to drops in share price for the majority of national banks this mid-week. These included Washington Mutual, Inc. and Wachovia Corp., falling 22 and 6 percent respectively. Financial securities remain on shaky ground, despite a healthy surge in material and energy stocks today. Let us hear your thoughts below:

WednesdaySep 10, 2008 11:22 am

Guard ID Systems Gets $11 Million To Expand Operations from Intersections, Inc. (INTX) and Others

Guard ID Systems, Inc., the privately held company famous for developing ID Vault and advertised as the world’s first integrated system to protect online consumers against identity theft and fraud, has now received $11 million in new financing to expand operations. The money is expected to be used in research and development to enhance and expand their security products, in addition to intensifying sales and marketing efforts. The leading players in the arrangement are: Prism VentureWorks, an early-stage venture capital firm Intersections, Inc. (Nasdaq:INTX), a leading provider of consumer and business identity risk management services Trinity Ventures, an early-stage technology…

WednesdaySep 10, 2008 11:19 am

Adolor Corporation (ADLR) Brings On New Legal Counsel Heavyweight

Adolor Corporation (Nasdaq GM:ADLR), a biopharmaceutical company focused on the development of products related to pain management, today appointed John M. Limongelli, Esq., as general counsel, managing all legal affairs for the company. Mr. Limongelli will also be a senior vice president, reporting directly to Adolor president and CEO Michael Dougherty. Mr. Limongelli comes from a much larger corporate environment, Cephalon, Inc., a global pharmaceutical company with annual sales approaching $2 billion, where he was associate general counsel and vice president. Prior to that he was with one of the world’s largest law firms, Morgan, Lewis & Bockius out of…

WednesdaySep 10, 2008 11:14 am

QuoteMedia, Inc. (QMCI.OB) – The World’s Best Data Feeds

QuoteMedia is a leading provider of financial market data and perhaps the most readily recognized name in the business. To achieve the widespread dissemination of such massive amounts of information, the company utilizes the latest in low-latency streaming data feeds. Recognized by many as the fastest, most efficient data feeds in the world, QuoteMedia's solutions provide up-to-the-minute data pertaining to stocks trading on every North American exchange. But the coverage does not stop there. QuoteMedia's feeds can stream information on commodities, futures, currencies, mutual funds, and more. To say that the company's services cover a broad range would be a…

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Month: September 2008