MondayOct 20, 2008 4:11 am

Infinity Pharmaceuticals, Inc. (INFI) Announces Phase I Clinical Trial for IPI-926

Infinity Pharmaceuticals, Inc. (NASD: INFI), an innovative cancer drug discovery and development company seeking to discover, develop, and deliver to patients best-in-class medicines for the treatment of cancer and related conditions, recently announced that the company has initiated a Phase 1 clinical trial of its oral Hedgehog signaling pathway inhibitor, IPI-926. The Phase 1 trial is an open-label, dose-escalation study evaluating IPI-926 in up to 50 patients with advanced and/or metastatic solid tumors. IPI-926 is a proprietary inhibitor of the Hedgehog signaling pathway that binds to and inhibits a key regulator of this pathway, the Smoothened receptor. The Hedgehog signaling…

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MondayOct 20, 2008 4:08 am

Kaman Corp. (KAMN): Taking off to Higher Profits?

Kaman (KAMN) is a maker of industrial components such as bearings, mechanical and electrical power transmissions, fluid power, motion control, and materials handling components. Among the company's biggest customers are airlines, to whom Kaman supplies metallic and composite detail parts, minor and major subassemblies, flight control surfaces, composite interiors and fuselage, and wing structures. The company also supplies parts to military customers. In addition, Kaman offers helicopter engineering subcontract programs for other manufacturers and self-lubricating bearings used in aircraft flight controls, turbine engines, and landing gear, as well as power transmission couplings for helicopters Despite the slowdown in the US…

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SaturdayOct 18, 2008 6:29 am

Zix Corporation (ZIXI) Hires a New Chief Financial Officer

Zix Corporation (NASDAQ: ZIKI) announces its new executive appointment, Susan K. Conner as chief financial officer. Conner moves into her new role from CFO and executive vice president positions at Pegasus Solutions, Inc., a company that provides reservation and hotel marketing services. "I am pleased to announce Susan's appointment to our leadership team. The broad range of skills that she brings to the company fits with our overall plan to position the company for future growth and success," said Rick Spurr, Zix Corp CEO. "Her experience in the technology services industry will enhance her ability to quickly become an effective…

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SaturdayOct 18, 2008 6:27 am

China 3C Group (CHCG.OB) Connects With Retail Seller, LiQun

China 3C Group (CHCG) announced it will be opening its first mobile phone retail counter, after signing an agreement with the China Intime Group. China Intime operates a chain of 11 department stores in China. The CHCG retail location is in the high-end LiQun Department Store, in Hangzhou City. "Our agreement with China Intime is our first with a high-end retailer," said Zhenggang Wang, China 3C Group Chairman and CEO. "We believe our penetration into its flagship store can further diversify our customer base and maximize sales of our leading mobile phone brands." China 3C will sell about 20 brands…

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FridayOct 17, 2008 12:28 pm

Z Trim Holdings, Inc. (ZTMH) Adds Fiber to the American Dietetic Association’s Food and Nutrition Conference

The new trend is for foods that typically don’t contain fiber to have “added fiber” as a health and nutritional sales point. Z Trim Holdings, Inc. manufactures a multifunctional fiber blend called Z Trim. This natural, functional food ingredient is made from the hulls of corn and is a versatile product that can serve as a fat replacement, thickening agent or emulsifier with texturization – commonly used for its binding, shaping, suspension, water control and pH balance attributes. Because Z Trim is non-caloric dietary fiber, replacement of added fats with Z Trim can achieve up to 80% calorie reduction in…

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FridayOct 17, 2008 12:25 pm

CMJ Network Inc. and Paid Inc. (PAYD.OB) to Launch Exclusive Merchandise Line in NY Festival

CMJ Network has been a key player in the music industry for over 25 years, discovering and supporting new artists through its online, print and live event assets as well as tracking weekly new artist airplay on more than 500 college and non-commercial radio stations across North America. CMJ charts run regularly in publications such as Rolling Stone and Entertainment Weekly. Paid Inc. has carved itself a niche by providing celebrities and organizations with official Web sites and fan club services that include e-commerce storefronts, ticketing and fan experience packages. Paid, Inc.’s first project for CMJ is the launch of…

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FridayOct 17, 2008 12:23 pm

Southern Star Energy Inc. (SSEY.OB) Announces Haynesville Well Discovery

Southern Star Energy specializes in the acquisition and drilling of under-drilled oil and natural gas properties. So far this tactic has minimized the risk to the company and new technologies have made drilling processes more efficient. The Company has 5,700 acres of land under lease in Louisiana and has drilled three deep test wells to approximately 9,950 feet with the potential for 80 more wells. The newest location is called the Haynesville Discovery, which is strategically located in the center section of the Company's Sentell Field in Bossier Parish, Louisiana. Southern Star Energy believes this region of the state to…

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FridayOct 17, 2008 12:21 pm

Warren Buffet – The Time is Now to Buy Stocks

Warren Buffett, the “Oracle of Omaha” and head of Berkshire Hathaway Inc, wrote in the New York Times, "Today people who hold cash equivalents feel comfortable. They shouldn't. They have opted for a terrible long-term asset, one that pays virtually nothing and is certain to depreciate in value." The stock market is ruled by two emotions, Fear and Greed. Warren Buffet adds his bit of wisdom to that notion. He writes, "Be fearful when others are greedy, and be greedy when others are fearful. And most certainly, fear is now widespread, gripping even seasoned investors." So in essence, he calls…

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FridayOct 17, 2008 12:19 pm

CleanTech Biofuels, Inc. (CLTH.OB): Turning Trash Into Cash… and Fuel

CleanTech Biofuels is in the business of converting your garbage waste into ethanol. Cellulosic ethanol production is a complicated process, but very interesting. The first step is at your garbage containers; waste is picked up and taken to a sorting facility. Mike Rowe from the Discovery Channel’s ‘Dirty Jobs’ has covered this type of sorting facility. Next, the items are taken to a large special conveyer belt vessel. Inside this vessel, the items are agitated, heated, and steamed along the inside of the vessel so the organic/cellular matter can fall. The larger items go to a recycling center while the…

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FridayOct 17, 2008 12:10 pm

Performance Health Technologies, Inc. (PFMH.OB) Core:Tx® Wireless System Turns Rehabilitation into a Motivating Experience

Core:Tx® is a patent-pending wireless system built on Performance Health Technologies, Inc.'s innovative MotionTrack™ platform, which is widely used by professional sports teams. The system combines hardware and software operating on a personal computer (PC) along with a small, mouse sized motion-sensing device that can be attached anywhere on a user's body with adjustable straps. The mouse sized device senses the user's limb motion relative to their joints and continuously transmits critical information wirelessly to the PC software. The feedback is in real-time and helps keep patients engaged in the therapy routine while simultaneously aiding neuromuscular reeducation and strengthening muscles…

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