TuesdaySep 25, 2012 8:00 am

Extreme Networks, Inc. (EXTR) Names Nancy Shemwell as EVP of Global Sales

Extreme Networks, a technology company focused on high-performance Ethernet switching for cloud, data center, and mobile networks, has appointed Nancy Shemwell as executive vice president of global sales, where she will lead the company’s sales and channel management teams through global expansion initiatives. With 20 years of experience in high-performance transformational global sales forces behind her, Shemwell will focus on executing the company’s goal of establishing and seeking out new avenues to the cloud, data center, enterprise, and mobility markets. "Nancy brings to Extreme Networks the leadership skills, relationships and proven sales experience that can help us drive towards our…

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MondaySep 24, 2012 4:40 pm

Longwei Petroleum Investment Holding Ltd. (LPH) Doubles Storage Capacity, Gains Key Footprint in Northern Shanxi via Huajie Deal

Longwei Petroleum has a large, established presence in gasoline (#90 and #93 commercial blends, as per Chinese Gasoline Grading System), diesel (#10), fuel oils destined for furnaces/boilers, and even unrefined petroleum products like solvents for a variety of end markets. The main corporate HQ and storage facility is in Taiyuan City, at the heart of the PRC's coal nexus, thriving Shanxi Province and the company has additional infrastructure in nearby Gujiao as well. The booming vehicle and industrial end markets in Shanxi make today's announcement by Longwei, that it will wrap up the Huajie Petroleum Co., Ltd. petroleum asset purchase…

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MondaySep 24, 2012 12:57 pm

BioLineRx Ltd. (BLRX) Receives Extended Patent Protection on BL-1020

BioLineRx is a biopharmaceutical development company focused on building a portfolio of products for unmet medical needs or with advantages over currently available therapies. The company's current portfolio consists of six clinical stage candidates: BL-1020 a first-in-class orally available treatment for schizophrenia, BL-8040 for treating acute myeloid leukemia, BL-7040 for treating inflammatory bowel disease, BL-1021 for neuropathic pain, BL-5010 for non-surgical removal of skin lesions, and BL-1040 for prevention of pathological cardiac remodeling following a heart attack. The company announced today that a Notice of Allowance has been received from the United States Patent and Trademark Office claiming the crystalline…

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MondaySep 24, 2012 8:29 am

Repligen Corp. (RGEN) Appoints Jonathan Lieber as CFO and Treasurer

Repligen is pleased to announce that it has appointed Jonathan I. Lieber as its CFO and Treasurer, effective immediately. He will be responsible for leading Repligen's financial activities, including long-term financial strategy and risk management. Repligen's current CFO William J. Kelly will now serve as the company’s Chief Accounting Officer, overseeing Repligen’s internal controls and its accounting and management reporting functions. In connection with Mr. Lieber's appointment, the company granted him an inducement equity award outside of Repligen's 2012 Stock Option and Incentive Plan in accordance with NASDAQ Listing Rule 5635(c)(4). The award is for 15,000 shares of restricted stock…

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FridaySep 21, 2012 4:08 pm

Santa Fe Gold Corp. (SFEG) Secures Collabrium Capital as Financial Advisor to Support Burgeoning Minerals Portfolio

Santa Fe Gold, the domestic precious/industrial minerals development firm with its sights set on becoming a major player in precious metals via the company's Ortiz gold and Summit silver-gold projects, reported today that the company has successfully engaged London-based fund management and emerging market-class advisory services firm, Collabrium Capital, to provide comprehensive corporate finance advisory help in support of growing the business. With a considerable presence already established through a global network of affiliated financial services, industry, and government partners, Collabrium is an exceptionally well positioned finance advisory firm, with far-reaching operational striking distance. With a century of experience developing/managing…

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FridaySep 21, 2012 1:54 pm

Dynatronics Corp. (DYNT) Introduces New SolarisPlus Product Line

Today, Dynatronics announced the introduction of its new line of Dynatron SolarisPlus products, which has been the result of a research and development initiative spanning three years. Four separate units make up the SolarisPlus product line: the SolarisPlus 709, 708, 706, and 705. These pioneering devices can provide seven waveforms of electrotherapy, as well as delivering Dynatronics’ patented three frequency ultrasound therapy and light therapy through a newly designed Tri-wave light probe and two light pads. The company believes the Dynatron SolarisPlus units, its flagship products, are the most advanced devices of their kind on the market, representing the most…

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FridaySep 21, 2012 1:46 pm

Study Says Export Surge Could Help U.S. Add 5 Million Jobs by 2020

According to a study by the Boston Consulting Group, there is good news ahead for the U.S. economy thanks to cheap natural gas prices. The study claims rising U.S. factory productivity, spurred by low natural gas prices, could help the country boost exports of manufactured goods and add as many as five million manufacturing and support jobs by the end of the decade. Low natural gas prices, driven by the shale boom, will give the United States a cost advantage versus other industrialized countries says Boston Consulting. By 2015, this factor will make average manufacturing costs in the U.S. lower…

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FridaySep 21, 2012 8:45 am

United States Antimony Corp. (UAMY) Delivers Promising Operational Update

United States Antimony has reported an increase in raw material supply, milling capacity, and order increase. The supply of antimony-bearing rock from properties near USAC's Mexican mill and from its own Los Juarez antimony-silver-gold property has increased during the quarter and now constitutes a stock pile estimated at 10,000 tons. In October 2012, USAC is anticipating the addition of a second shift at its Puerto Blanco mill. A separate circuit to process antimony minerals has also begun construction. The company has stockpiled roughly 2,000 tons of antimony oxide rock grading up to 17% antimony stock. Sulfide antimony concentrates produced at…

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FridaySep 21, 2012 8:43 am

Dyax Corp. (DYAX) Signs Strategic Licensing Agreement with Kadmon for DX-2400 Novel MMP-14 Inhibitor

Dyax and Kadmon Corporation LLC yesterday announced they have entered into a strategic licensing agreement granting Kadmon an exclusive worldwide license for developing and commercializing the fully human monoclonal antibody DX-2400, which is a potent and selective antibody inhibitor of matrix metalloproteinase 14 (MMP-14). A key enzyme in a molecular pathway, MMP-14 is thought to play a role in tumor blood vessel formation (angiogenesis), as well as in affecting tumor growth and cell migration. According to the terms of the agreement, Dyax will be given an upfront payment and is eligible for significant development and commercial milestone payments, as well…

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FridaySep 21, 2012 8:00 am

Kunekt Corp. (KNKT) Spammed Aggressively

We have observed emails spamming Kunekt. Investors should be wary of these emails, as they are completely anonymous and violate the CAN-SPAM Act established by the FTC. Stocks to avoid, due diligence, monitoring investments, key terms in investing and other related topics are covered by us in our Market Basics section. Here we give answers to basic questions regarding stock investments for both new and experienced investors. To view our Market Basics page, visit www.basics.qualitystocks.net Let us hear your thoughts below:

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