Posted on 8/31/2012 @ 8:30 PM in #Stocks by Mission 0 comments

Perceptron, the developers of a wide variety of non-contact laser and other specialized inspection and measurement solutions for both commercial and industrial applications, today announced that, as of August 30, the company had sold certain assets and liabilities from their secondary business segment, the Commercial Products Business Unit (CBU) to Inspectron, Inc.In a move considered as being the best of all possible choices for maximizing shareholder value by management regarding the CBU, which only accounted for 9% of the company’s total sales in fiscal 2012, the sale to Inspectron will allow PRCP to focus squarely on the core Industrial Business Unit (IBU) segment. The CBU was responsible for handling the design and marketing on measurement/detection devices geared towards professional tradespeople in the relevant construction, electrical, mechanic, and plumbing markets.President of Inspectron, Richard Price, just so happens to be the CBU’s former Senior VP and the deal represents a very smooth Continued...

Sealy Corporation (ZZ) Video Chart for Friday, August 31, 2012

Posted on 8/31/2012 @ 8:26 PM in #Finance by Mission 0 comments

ZZ has pulled back to a recurrent support level around $1.53. The last two bounces off this support resulted in gains between 20 and 30 percent, so technical traders will once again be looking at ZZ to hold the support and generate some upward pressure.To view the video chart, visit the following link: http://www.missionir.com/videos.htmlAbout MissionIRMissionIR is committed to connecting the investment community with companies that have great potential and a strong dedication to building shareholder value. We know our reputation is based on the integrity of our clients and go to great lengths to ensure the companies represented adhere to sound business practices.Sign up for “The Mission Report” at www.MissionIR.comPlease see disclaimer on the MissionIR website http://www.missionir.com/disclaimer.html

Extreme Networks, Inc. (EXTR) Chosen to Supply High Density Switches to Taiwan’s Largest Grid Researcher

Posted on 8/31/2012 @ 8:23 PM in #Stocks by Mission 0 comments

The largest and most prestigious research university in Taiwan, Academia Sinica, has chosen Extreme Networks to supply high density, scalable data switches for the university’s network upgrade. A team of physicists within the Academia Sinica Grids (ASG) research area at the university are analyzing the particles created in collisions within the Large Hadron Collider (LHC), the world’s largest and most powerful particle accelerator.In order to conduct its particle research, ASG needed a 10 Gigabit network that could be increased in size to a 100 Gigabit Ethernet. Extreme Networks’ blade servers met ASG’s needs.According to Wen-Shui Chen, network manager for ASG, “We were already using Extreme Networks technology, but when we evaluated vendors’ switching gear capable of expanding the network to accommodate HPC architecture, we sought great price-performance backed by fast delivery. Extreme Networks offering ticked all the boxes, and we had experienced excellent service from them in the past. The BlackDiamond® Continued...

SEFE, Inc. (SEFE) Exemplifies Movement for Localized Energy Generation

Posted on 8/31/2012 @ 7:51 PM in #Stocks by Mission 0 comments

The technologies involved in the generation of useful energy are changing more rapidly than at any time in history. The technologies involved in the transition from wood to coal, and then to oil and natural gas, took far longer than the move to hydro and nuclear power. In historic terms, today’s developments in wind, solar, and other renewable energy sources have occurred in the blink of an eye. And with these most recent developments has come an awareness that our entire approach to power generation may also be changing, away from large scale centralized power plants and hydroelectric dams to far smaller scale production centers serving specific towns, neighborhoods, or even individual homes and buildings.As efficiencies increase, it becomes feasible for homeowners and private companies to use solar and wind power for isolated application. More than an environmental movement, it is seen as a way to escape dependence upon the grid, although technologies like net metering make grid connection valuable by Continued...

SunOpta, Inc. (STKL) Secures WGI Heavy Minerals Acquisition, Anticipates Acquiring Reaming Shares

Posted on 8/30/2012 @ 5:25 PM in #Stocks by Mission 0 comments

SunOpta’s mining division, Opta Minerals Inc. announced effective completion of the WGI Heavy Minerals, Inc. acquisition today, with 94% (some 22.28M) of issued and outstanding common shares validly deposited as per conditions set forth in the previously announced offer to acquire at $0.6047/share in cash.The company considers the deal closed pending the upcoming Sept. 4 deadline for payment on all the shares taken up until that date (and will pay on all such shares until said date). With over 90% of issued and outstanding shares in hand from parties accepting the offer, the company can now move under the British Columbia Business Corporations Act to acquire all outstanding shares not tendered to the offer via the act’s compulsory acquisition provisions. After the compulsory acquisition is done, the company will then move to delist WGI common shares from the TSX and apply for cessation of the relevant reporting issuer requirements in all applicable Canadian jurisdictions.Given the current status of Opta Continued...

AcelRx Pharmaceuticals, Inc. (ACRX) Receives U.S. Patents for Small-Volume Oral Transmucosal Dosage Forms

Posted on 8/30/2012 @ 2:22 PM in #Stocks by Mission 0 comments

AcelRx Pharmaceuticals announced that patents have been approved for “Bioadhesive Drug Formulations for Oral Transmucosal Delivery,” and “Bioadhesive Drug Formulations for Oral Transmucosal Delivery.” The issued patents will provide intellectual property protection for a bioadhesive tablet for oral transmucosal administration of sufentanil through January 2027. AcelRx exclusively owns both patents.“We have made significant progress this year in establishing our intellectual property portfolio, with five issued US patents now underpinning our novel NanoTab technology,” said Richard King, AcelRx’s President and CEO. “We look forward to building on this success through emphasis on the device aspects of our technology platforms as we seek multiple avenues of protection for our proprietary pipeline of product candidates.”The first patent provides protection in the United States for each of AcelRx’s four development programs. It also covers AcelRx’s proprietary NanoTab technology for delivering sufentanil with Continued...

Cardium Therapeutics, Inc. (CXM) Scheduled to Make Presentation at the Rodman & Renshaw Annual 2012 Healthcare Investment Conference

Posted on 8/30/2012 @ 2:21 PM in #Stocks by Mission 0 comments

Cardium Therapeutics today announced that Chairman & CEO Christopher J. Reinhard will be giving a presentation at the Rodman & Renshaw Annual Healthcare Investment Conference on Monday, September 10, 2012, at 3:15 p.m. Eastern Time. The conference is being held September 9-11, 2012, at the Waldorf-Astoria Hotel in New York City.An audio webcast of the company’s presentation will be available both live and by replay at http://www.wsw.com/webcast/rrshq22/cxm as well as the Investors section of Cardium’s website at http://phx.corporate-ir.net/phoenix.zhtml?c=77949&p=irol-calendar. An updated investor presentation is now available on Cardium’s website at http://phx.corporate-ir.net/phoenix.zhtml?c=77949&p=irol-presentations.Cardium Therapeutics is a health sciences and regenerative medicine company focused on acquiring and strategically developing new and innovative products and businesses to address significant unmet medical needs. Comprised of large-market opportunities with definable pathways to Continued...

Selectica, Inc. (SLTC) Guided Selling Recognized as a Finalist in the Best New SaaS or Cloud Computing Product Category

Posted on 8/30/2012 @ 2:20 PM in #Stocks by Mission 0 comments

Selectica, a provider of software that improves sales cycles and streamlines contract processes, has been acknowledged as a finalist in the 4th Annual 2012 Golden Bridge Awards for the Best New SaaS or Cloud Computing category for its Selectica Guided Selling cloud-based offering.“Selectica Guided Selling empowers growing companies and their sales channels to accurately map customer needs to their solutions, and protect margins by enforcing pricing and approval policies,” said Kamal Ahluwalia, Chief Strategy Officer at Selectica. “We’re honored to have the Golden Bridge Awards acknowledge our mission to deliver this patented, cloud-based sales technology to a broader market.”When Selectica Guided Selling was released in February 2012, customers had the opportunity to apply the patented configure-price-quote software integrated with Selectica Contract Lifecycle Management to guide them from configuration to quote to contract. Selectica Guided Selling allows companies to easily define and maintain rules to Continued...

Medicinova, Inc. (MNOV) is “One to Watch”

Posted on 8/30/2012 @ 2:20 PM in #Stocks by Mission 0 comments

MediciNova is a biopharma developer which has steadily built up a portfolio of diverse clinical and preclinical candidates in the novel, small molecule therapeutics space by pursuing an aggressive strategy of forming strategic alliances with other pharma developers (primarily Japanese). This in-licensing strategy born out of the company’s ability to successfully cultivate business relationships with key industry developers, both in Japan and around the world, has granted MNOV the rights to some very strong product candidates.MediciNova currently has two prominent, core candidates, alongside four other clinical-stage compounds and two pre-clinical targets. While the company is constantly working at the entire portfolio, as well as seeking out new candidates in other unmet or underserved areas, with commercial emphasis on developing for U.S. markets, MNOV is currently heavily focused on developing their two most promising core candidates MN-221 and Ibudilast (MN-166/AV411).MN-221 was identified by and is being Continued...

Salem Communications Corp. (SALM) Declares Third Quarter Dividend

Posted on 8/30/2012 @ 2:18 PM in #Stocks by Mission 0 comments

Salem Communications today announced that its board of directors has declared a dividend for the third quarter of 2012 in the amount of $0.035 per share of its Class A and Class B common stock. The cash dividend will be paid on September 28, 2012, to all common stockholders of record as of September 14, 2012.Salem Communications is the largest commercial U.S. radio broadcasting company that provides programming targeted at audiences interested in Christian and conservative opinion content. Upon completion of all announced transactions, Salem will own and/or operate a nationwide portfolio of 97 radio stations in 37 markets. These include 61 stations in 22 of the top 25 markets in the U.S.The company also owns the Salem Radio Network, a national radio network that syndicates talk, news, and music programming to approximately 2,000 affiliated radio stations and also programs the Family Talk Christian-themed talk format on SiriusXM Channel 131. Additionally, it owns Salem Media Representatives, a national media Continued...

Salem Communications Corp. (SALM) Declares Third Quarter Dividend

Posted on 8/30/2012 @ 1:43 PM in #Stocks by Mission 0 comments

Salem Communications today announced that its board of directors has declared a dividend for the third quarter of 2012 in the amount of $0.035 per share of its Class A and Class B common stock. The cash dividend will be paid on September 28, 2012, to all common stockholders of record as of September 14, 2012.Salem Communications is the largest commercial U.S. radio broadcasting company that provides programming targeted at audiences interested in Christian and conservative opinion content. Upon completion of all announced transactions, Salem will own and/or operate a nationwide portfolio of 97 radio stations in 37 markets. These include 61 stations in 22 of the top 25 markets in the U.S.The company also owns the Salem Radio Network, a national radio network that syndicates talk, news, and music programming to approximately 2,000 affiliated radio stations and also programs the Family Talk Christian-themed talk format on SiriusXM Channel 131. Additionally, it owns Salem Media Representatives, a national media Continued...

Construction Begins on Entertainment Gaming Asia, Inc. (EGT) Slot Hall Project

Posted on 8/30/2012 @ 1:43 PM in #Stocks by Mission 0 comments

Today, Entertainment Gaming Asia announced that it has commenced construction of Dreamworld Poipet, its slot hall development project in Poipet, Cambodia. The leading gaming company is focused on emerging gaming markets in Pan-Asia, and this project is strategically located at one of Cambodia’s most significant border crossings with Thailand. It will be a standalone slot hall constructed as an extension of an existing popular casino.The Dreamworld Poipet slot hall will measure approximately 16,000 square feet and feature a comprehensive suite of 300 high-quality gaming machine seats. The machines include multi-player electronic tables and other top-of-the-line features to provide players a first class casino experience. At $7.5 million, the project is internally funded and is expected to open in early 2013.Clarence Chung, Chairman and CEO of Entertainment Gaming Asia, remarked, “We are pleased to begin construction of our Dreamworld Poipet project. With a focus on providing quality gaming products, superior Continued...

Salem Communications Corp. (SALM) Declares Third Quarter Dividend

Posted on 8/30/2012 @ 1:42 PM in #Stocks by Mission 0 comments

Salem Communications today announced that its board of directors has declared a dividend for the third quarter of 2012 in the amount of $0.035 per share of its Class A and Class B common stock. The cash dividend will be paid on September 28, 2012, to all common stockholders of record as of September 14, 2012.Salem Communications is the largest commercial U.S. radio broadcasting company that provides programming targeted at audiences interested in Christian and conservative opinion content. Upon completion of all announced transactions, Salem will own and/or operate a nationwide portfolio of 97 radio stations in 37 markets. These include 61 stations in 22 of the top 25 markets in the U.S.The company also owns the Salem Radio Network, a national radio network that syndicates talk, news, and music programming to approximately 2,000 affiliated radio stations and also programs the Family Talk Christian-themed talk format on SiriusXM Channel 131. Additionally, it owns Salem Media Representatives, a national media Continued...

Trovagene, Inc. (TROV) Receives Milestone Payment from Ipsogen S.A.

Posted on 8/29/2012 @ 5:22 PM in #Stocks by Mission 0 comments

Trovagene is developing its patented technology for the detection of transrenal DNA and RNA, short nucleic acid fragments, originating from normal and diseased cell deaths that cross the kidney barrier and can be detected in urine. The company is leveraging its intellectual property through out-licensing agreements.The company today announced that it has received a milestone payment from Ipsogen S.A., a subsidiary of Qiagen N.V. (Nasdaq: QGEN). This payment comes from a co-exclusive license agreement to manufacture and sell diagnostic kits for the detection of nucleophosmin protein (NPM1) mutations in patients with acute myeloid leukemia (AML). The payment was triggered by issuance of U.S. Patent 8,222,370 that is part of a family of patents filed by Trovagene around nucleophosmin protein that cover NPM1 mutations in AML.AML is a clinically heterogeneous disease with about 200,000 new cases per year worldwide. Subgrouping of AML patients using chromosomal abnormalities provides for more individualized patient Continued...

Longhai Steel, Inc. (LGHS) to Reach Full Capacity at New Steel Wire Facility by Yearend

Posted on 8/29/2012 @ 2:24 PM in #Stocks by Mission 0 comments

Longhai Steel, a producer of high-quality steel wire products in the People’s Republic of China, announced this morning that the company has completed testing of its initial production of high quality steel wire. Management anticipates ramping up production to full capacity by the end of 2012.“We are pleased with the testing results from the initial production at our second facility,” stated Steven Ross, Executive Vice President of Longhai Steel. “We have met or exceeded all of our internal performance metrics and look forward to expanding our customer base and broadening our end market footprint.”Longhai Steel’s growth strategy includes capitalizing on government actions aimed at encouraging industry consolidation via the acquisition of neighboring producers at attractive valuations. The company also plans to grow organically through capacity expansion, broadening its product portfolio, improving operating efficiencies, and continued expansion of technical expertise.To learn more about the company, visit Continued...

Penn Energy and Canadian Solar, Inc. (CSIQ) Sign Deal Worth 18.7 Megawatts

Posted on 8/29/2012 @ 2:24 PM in #Stocks by Mission 0 comments

Canadian Solar yesterday announced that its subsidiary, Canadian Solar Solutions, Inc., has closed a deal with Penn Energy Renewables that will see the construction of two new solar energy farms in Ontario, Canada. The construction will begin in the third quarter of 2012 and will produce 18.7 MW.Billing itself as “one of the world’s largest solar companies,” Canadian Solar is focused on the design and manufacture of solar power systems for use both on and off grid. The company also supplies parts for solar applications, such as ingots, wafers, solar cells, and solar modules. Canadian Solar has offices in North America, Europe, Australia, and Asia.Collectively, the two new solar farms are anticipated to supply enough electricity to power 2,600 homes; the construction of the farms will create 100 new jobs in construction, manufacturing, and engineering. Furthermore, the solar farms are expected to prevent approximately 432,000 metric tons of carbon dioxide emissions over a twenty year period.Sean McCloskey at Continued...

China Botanic Pharmaceutical, Inc. (CBP) to be Granted New Invention Patent in China

Posted on 8/29/2012 @ 2:23 PM in #Stocks by Mission 0 comments

China Botanic Pharmaceutical recently announced that the State Intellectual Property Office of the People’s Republic of China (SIPO) will be granting the company a new invention patent on its comprehensive method to enhance the medicinal value of Schisandra, a key component in its pharmaceutical products. The company expects to receive the patent certificate by October 2012.China Botanic filed Patent Application No: 201010119861.3 in February 2010, which was followed by a two-year comprehensive review conducted by the SIPO. Upon grant of the new patent, the company anticipates securing market exclusivity for a period of 20 years.Research in China suggests that Schisandra is a wild plant with significant medical and health benefits. Schisandra has been found to prevent liver damage and is an effective sedative for treating insomnia and central nervous system depression. China Botanic’s comprehensive method enables it to obtain a number of compounds out of Schisandra, including lignin, polysaccharides, Continued...

Axcelis Technologies, Inc. (ACLS) Announces High Volume Follow-On Order from Major Chipmaker

Posted on 8/29/2012 @ 2:23 PM in #Stocks by Mission 2 comments

Axcelis Technologies, a leader in supplying innovative, high-productivity solutions for the semiconductor industry, has announced its receipt of a multiple system follow-on order for its Integra RS plasma dry strip system from one of the leading semiconductor manufacturers in the world. The systems, which began shipping this month, will be utilized in the production of 3x nm and below NAND Flash devices at leading-edge fabs in Asia and the United States.Axcelis is pleased to expand its installed base in working with this industry leader and supporting its evolving manufacturing needs. The Integra dry strip system has shown superior manufacturing productivity for Axcelis’ memory customers, combined with process technologies that are extendable to the most advanced device nodes. Customers value the system’s ability to efficiently handle standard dry strip processes, together with critical cleaning steps over sensitive exposed metals on a single modular wafer handling platform. This distinctive combination of Continued...

Rockwood Holdings Snaps Up Lithium Ore Producer Talison Lithium Ltd. (TLH.TO)

Posted on 8/28/2012 @ 5:30 PM in #Stocks by Mission 0 comments

Australian-based Talison Lithium, the world’s largest producer of lithium ore, was acquired in an offer from specialty chemicals company Rockwood Holdings, which is buying the company for C$724 million. Rockwood is paying more than 33 times Talison’s EBITDA earnings and more than double the mark-up of non-ferrous metal company takeovers which have occurred in the past two years.Talison has been producing lithium ore at its Greenbushes mine in Western Australia for more than 25 years and accounts for one-third of the global market for lithium ore. The company has doubled production at its main mine and has increased prices this year for the ore by 25%. About one-quarter of lithium globally is extracted from ore-based reserves such as those operated by Talison and another Australian company, Galaxy Resources. The remainder comes from brine-based resources located mainly in South America.Lithium is, of course, the key ingredient in lithium-ion batteries which are used in a variety of consumer electronic Continued...

Neuralstem, Inc. (CUR) Announces Completion of Initial NSI-566 Injections

Posted on 8/28/2012 @ 2:39 PM in #Stocks by Mission 1 comments

Neuralstem, a biopharmaceutical company, continues its work on a cure for ALS, amyotrophic lateral sclerosis, also known as Lou Gehrig’s disease. Beginning in January, 2010, Neuralstem has been transplanting its NSI-566 spinal cord neural stem cells into patients that can and cannot walk, Phase I of its NSI-566 testing. The Phase I testing was designed to inject the sample cells into 18 patients and has taken place at the Emory ALS Center in Atlanta. The principal investigator in the trial is Eva Feldman, MD, PhD, Director of the A. Alfred Taubman Medical Research Institute and Director of Research of the ALS Clinic at the University of Michigan Health System.Yesterday, Neuralstem reached another milestone in its Phase I testing. Neuralstem announced it had injected the NSI-566 cells into the 18th patient. The eighteenth patient is the third to return to the trial for an additional set of injections. This patient is also the final patient in the Phase I portion of the trial as it is currently designed. The Continued...

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