The holy grail of any biotechnology pharmaceutical company is final FDA approval. Once the approval is granted, the real work of making it pay begins. MiddleBrook Pharmaceutical, a biotechnology research and development company, has received its first FDA approval. This … Continue reading →

Art Technology Group, Inc. (ARTG) and CleverSet announced that the two companies signed a definitive agreement for ATG to acquire CleverSet for approximately $10M in cash, less closing adjustments of approximately $1M. The transaction is subject to customary closing conditions … Continue reading →

Capstone Turbine Corporation (CPST), a leading clean technology manufacturer of microturbine energy systems, announced that the company has received the U.S. Department of Commerce’s Export Achievement Certificate. This certificate recognized Capstone’s significant exports to global markets. Mr. Israel Hernandez, Assistant … Continue reading →

This company is truly an exclusive product of the current Millennium. It was incorporated in 2001, and looks set to become a top stock during the coming decades. It has rare know-how and elaborate vertical integration in the vitally important … Continue reading →

SCM Microsystems, Inc (SCMM), a leading provider of solutions that open the Digital World, announced that the company has appointed Sour Chhor to serve as Executive Vice President. Chhor, 43, will be based at the Company’s headquarters in Ismaning, Germany … Continue reading →

Workstream Inc (WSTM), a leading provider of on-demand compensation, performance, and talent management solutions, announced that a major U.S. commercial airline has extended their contract agreement with Workstream. This four-year contract extension specifies that an additional 10,000 employees will enable … Continue reading →

MRV Communications, Inc (MRVC), a leading provider of products and services for out-of-band networking, announced that the company has established a reseller partnership with industry leader VarData. Under the terms of this agreement, VarData is to sell MRV’s LambdaDriver and … Continue reading →

Applied Materials (AMAT) announced a global cost reduction plan that primarily affects its semiconductor equipment and services businesses and related support organizations. As part of the plan, the company will reduce its global workforce by approximately 1,000 positions, or about … Continue reading →

Allegiant Travel Company (ALGT), a leisure travel company, provides scheduled passenger services from small cities to leisure destinations of Las Vegas, Nev., Phoenix, Az., Orlando, Fl., Fort Lauderdale, Fl., and Tampa/St. Petersburg, Fl. The Company sells air travel on a … Continue reading →

Sears Holding Co. (NYSE: SHLD) a bastion of American retailing whose components include both K Mart and Sears Department Stores, may be on the verge of a massive restructuring. Edward Lampert, the hedge fund executive and chairman of Sears Holding, … Continue reading →