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Monthly Archives: May 2011

Achillion Pharmaceuticals Inc. (ACHN) Begins First-in-human Dosing for Hepatitis C Treatment

Achillion Pharmaceuticals Inc. today announced that it has begun dosing in a phase 1 clinical trial of ACH-2684 for the treatment of chronic hepatitis C virus (HCV) infection. “This first-in-human clinical trial will be instrumental in establishing the safety profile … Continue reading

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EDAP TMS SA (EDAP) Posts Stronger Q1 Financials Driven by Device Sales

EDAP TMS SA, a global leader in therapeutic ultrasound, today announced financial results for the first quarter ended March 31, 2011, demonstrating growth across the board. All financial figures are expressed in U.S. dollar amounts. Total revenue for the first … Continue reading

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UNR Holdings (UNRH) Posts Impressive Q1 2011 Performance with +100% Earnings Increase

UNR Holdings Inc., a housing and commercial construction and development company, today announced first quarter financial results for the quarter ended March 31, 2011. Total revenues for the quarter increased 103.6 percent to $39.9 million, compared to $19.6 million for … Continue reading

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PositiveID (PSID) Completes $1.2M Acquisition of MFSI, Complementary Technology

PositiveID Corp. develops medical technologies for diabetes management, clinical diagnostics and bio-threat detection, seeking opportunities to expand into the clinical diagnostics market. In line with this plan, the company has acquired MicroFluidic Systems (MFSI), a company focused on the production … Continue reading

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Uranium Energy Corp. (UEC) Closes on South American Acquisition

Uranium Energy Corp. reported the acquisition of a South American company that holds prospecting permits to a mining property in Paraguay. Uranium Energy issued 225,000 shares of common stock to the seller and is obligated to pay a royalty of … Continue reading

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Alvarion Ltd. (ALVR) Joins Forces with Foris Telecom to Power Broadband Connectivity in Uganda and Mozambique

Located in Washington, D.C., Alvarion has earned a stellar reputation as a global 4G communications leader. Today, Alvarion took a major step towards prominence with the announcement they have joined forces with Foris Telecom to launch its 4G network in … Continue reading

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China Sunergy (CSUN) Posts Q1 58% Earnings Increase

China Sunergy Co. Ltd., a specialized manufacturer of solar cell and module products in China, today announced its financial results for the first quarter ended March 31, 2011, reflecting the company’s decision to transition its business operations from primarily selling … Continue reading

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Orckit Communications (ORCT) Posts Narrowed Q1 Loss, Revises 2011 Guidance Upward

Orckit Communications Ltd. today reported results for the first quarter ended March 31, 2011, and revised its revenue guidance for calendar 2011. Revenues in the first quarter of 2011 were $4.6 million as compared to $1.6 million reported in the … Continue reading

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China HGS (HGSH) Posts Solid Q2 Performance with 88% Earnings Increase

China HGS Real Estate Inc., a leading residential property developer in China’s southern Shaanxi province, today reported financial results for the fiscal second quarter of its 2011 business year ended March 31, 2011, posting an 88 percent increase in earnings. … Continue reading

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Evolving Systems, Inc. (EVOL) Board of Directors Authorizes Share Repurchase Program

Evolving Systems, Inc., a provider of software solutions and services to the wireless, wireline, and Internet protocol (IP) carrier markets, has announced that its Board of Directors has approved a share repurchasing program for up to $5.0 million in aggregate … Continue reading

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