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Monthly Archives: November 2009

Clarient, Inc. (CLRT) Announces Exclusive License from Minerva Biotech for New Cancer Biomarker

Clarient, Inc. disclosed today details of an exclusive license for bringing to market a test developed by privately-held Minerva Biotechnologies. CLRT, as a leading provider of cancer diagnostic testing solutions, is an ideal choice for the development and commercialization of … Continue reading

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Seahawk Drilling, Inc. (HAWK) is “One to Watch”

Seahawk Drilling, Inc. is focused on providing contract drilling services to the oil and natural gas exploration and production industry in the Gulf of Mexico. Operating the second largest fleet of jackups in the Gulf of Mexico, the company’s customers … Continue reading

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Nicholas Financial, Inc. (NICK) is “One to Watch”

Nicholas Financial, Inc. provides direct consumer loans and purchases installment sales contracts from automobile dealers for used cars and light trucks. Nicholas Financial operates a network of forty-nine branch offices in Florida, Georgia, Indiana, Ohio, Kentucky, North Carolina, South Carolina, … Continue reading

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Gabelli Equity Trust (GAB) Continues its Solid and Stable Run in the Income Sector

Following the in-flows and out-flows of the mutual fund industry offers insight as to what the general investor is up-to. As might be expected, in a poor economy, investment monies tend to flow out of mutual funds. This reality is … Continue reading

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Incyte Corp. (INCY) Inks License Agreement with Novartis for Oncology Treatment

Incyte Corp. is a development company focused on oncology, inflammation and diabetes treatments. The company recently announced an agreement with Novartis regarding two of its investigational hemotology-oncology therapies. INCB18424 is an oral inhibitor in phase III development for myelofibrosis, a … Continue reading

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Wake Forest Bancshares, Inc. (WAKE) Reports Profitable Fiscal Year

Wake Forest Bancshares, Inc. reported net income of $180,000, or $0.16 per share, in the fiscal year ending September 30, 2009. The bank earned $1.0 million, or $0.87 per share, in fiscal 2008. Wake Forest Bancshares, Inc. attributed the weaker … Continue reading

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Novavax, Inc. (NVAX) Prices Offering Of Common Stock

Novavax, Inc. priced an offering of common stock at $3.30 per share. The company is offering 6.8 million shares and estimates that net proceeds to the company will be $21 million after underwriting expenses and other costs. Piper Jaffray & … Continue reading

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Longwei Petroleum Investment Holdings Ltd. (LPHI) Reports Strong Third Quarter

Longwei Petroleum Investment Holdings Ltd. reported income of $7.21 million, or $0.09 per share, for the third quarter of 2009. The company earned $5.5 million, or $0.07 per share, in the same quarter of last year Revenues also increased year … Continue reading

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Akeena Solar, Inc. (AKNS) Partners with Highland Solar Achieving Canadian Market Penetration

Akeena Solar Inc (AKNS), well-known for their Andalay AC power systems, which are stand-alone solar systems designed for the average home, announced a partnership with Highland Solar (HS) today, Monday, Nov. 23. HS, located in Ontario, will move at least … Continue reading

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NRG Energy, Inc. (NRG) Acquires California Photovoltaic Solar Project

Today, NRG Energy, Inc. announced that it has acquired the first and largest utility-scale photovoltaic Blythe Solar Project in California, through its wholly owned subsidiary NRG Solar LLC. The 21 megawatt project will be NRG’s first solar generation facility; NRG … Continue reading

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