August 21, 2009 4:34 PM
Small Cap News Movers for 8/21/09
Rentech, Inc. (NYSE AMEX: RTK) announced today that it has sold quantities of its synthetic diesel fuel, RenDiesel®, for use in a special military vehicle to demonstrate the viability of synthetic fuel for the U.S. Military at the upcoming Air Show at the Selfridge Air National Guard Base. Rentech’s synthetic diesel will be used in a LASSO® Utility Vehicle designed and built for the U.S. Military by ICRC/VSE Corporation, which specializes in providing engineering and technical support services to the U.S. Government. The stock closed at $2.16, up 16.76%, on 35,375,584 traded shares.
MultiCell Technologies, Inc. (OTC Bulletin Board: MCET) announced yesterday it has been granted U.S. patent 7,566,567 by the United States of America Patent and Trademark Office covering its Fa2N-4 and Ea1C-35 immortalized human hepatocyte cell lines. The Fa2N-4 and Ea1C-35 immortalized human hepatocyte cell lines were derived from normal human liver cells, and are nontumorigenic, stable in culture, and produce therapeutic plasma proteins in cell culture. The Fa2N-4 cell line has also been engineered to function as a proxy for normal human liver cells for use in performing drug toxicity assays. The stock closed at $0.03, up 27.66%, on 90,460,438 traded shares.
About QualityStocks:
QualityStocks, based in Scottsdale, Arizona is a free service that collects data from hundreds Small-Cap and Micro-Cap online Investment Newsletters into one Free Daily Newsletter Report. Our name emphasizes the commitment we have to connect subscribers with companies that have huge potential to succeed in the short and long-term future.
August 20, 2009 7:35 PM
Small Cap News Movers for 8/20/09
Anika Therapeutics, Inc. (NASDAQ: ANIK) today announced that it has received Health Canada approval for MONOVISC™, its single injection viscosupplement approved for the treatment of osteoarthritis of the knee. Anika expects to launch MONOVISC this month through its long-term ORTHOVISC® distribution partner in Canada, Rivex Pharma Inc., the specialty drug distribution division of Aurora, Ontario-based Helix BioPharma Corp. (TSX: HBP). The stock closed at $7.15, up 41.25%, on 3.63 million traded shares.
World Heart Corp. (NASDAQ: WHRT) announced today that it has received FDA conditional approval to begin a bridge-to-transplant (BTT) study of the Levacor Ventricular Assist Device (VAD) at ten US centers. The company is required to provide some additional information to the FDA within 45 days, but the study is permitted to begin upon receipt of clinical center Institutional Review Board (IRB) approvals. The stock closed at $6.60, up 37.50%, on 204.39K traded shares.
The Bon-Ton Stores, Inc. (NASDAQ:BONT) today reported results for the second quarter of fiscal 2009 ended August 1, 2009. Total sales for the second quarter of fiscal 2009 were $609.2 million compared with $673.4 million in the second quarter of fiscal 2008. Net loss totaled $34.8 million, or $2.04 per diluted share, for the second quarter of fiscal 2009 compared with a net loss of $33.8 million, or $2.01 per diluted share for the second quarter of fiscal 2008. The stock closed at $5.23, up 29.14%, on 808.24K traded shares.
About QualityStocks:
QualityStocks, based in Scottsdale, Arizona is a free service that collects data from hundreds Small-Cap and Micro-Cap online Investment Newsletters into one Free Daily Newsletter Report. Our name emphasizes the commitment we have to connect subscribers with companies that have huge potential to succeed in the short and long-term future.
August 18, 2009 4:04 PM
Small Cap News Movers for 8/18/09
Huron Consulting Group Inc. (NASDAQ: HURN) yesterday after the closing bell announced its financial results for the second quarter ended June 30, 2009. Huron also announced that it has completed its restatement of financial statements for fiscal years 2006, 2007 and 2008 and Q1 2009. For the second quarter, the company reported revenues of $165.8 million, an increase of 15.6% from $143.4 million for the second quarter of 2008. GAAP net income was $9.6 million, or $0.47 per diluted share, compared to $1.1 million, or $0.06 per diluted share, for the same period last year. The stock closed at $18.84, up 37.62%, on 25,057,267 traded shares.
Jazz Semiconductor, Inc., a Tower Group Company (NASDAQ: TSEM), today announced it is targeted at replacing GaAs components in high growth markets such as millimeter wave and front-end components of cellular phones with its enhanced SiGe BiCMOS process, IP and design enablement offerings. SiGe provides significant integration and cost advantage over GaAs, enabling products in the emerging markets of automotive collision avoidance, phased-array radar, and HDTV wireless distribution. The stock closed at $1.33, up 22.02%, on 1,856,827 traded shares.
Strategic Diagnostics, Inc. (NASDAQ: SDIX) announced this morning that it has been awarded U.S. Patent No. 7,521,201 B2 for using bacteriophages in microbiological assay tests and processes. The invention is a rapid bacterial detection method that reduces or eliminates the growth of undesirable bacteria, resulting in improved test performance. The invention addresses the problem of how to detect a harmful pathogen among billions of other bacteria present in a test sample. The stock closed at $1.90, up 14.46%, on 177,729 traded shares.
About QualityStocks:
QualityStocks, based in Scottsdale, Arizona is a free service that collects data from hundreds Small-Cap and Micro-Cap online Investment Newsletters into one Free Daily Newsletter Report. Our name emphasizes the commitment we have to connect subscribers with companies that have huge potential to succeed in the short and long-term future.
August 17, 2009 5:08 PM
Small Cap News Movers for 8/17/09
Align Technology, Inc. (NASDAQ: ALGN) today announced that it has reached a settlement with Ormco Corporation (Ormco), a subsidiary of Danaher Corporation (NYSE: DHR), to end all pending litigation between the parties and to begin a new strategic collaboration. As part of the settlement, Align will make a cash payment of approximately $13 million to Ormco and issue approximately 7.6 million shares of Align's Common Stock to Danaher Corporation, Ormco's ultimate parent, that after issuance will be equal to approximately ten percent ownership interest in Align. The stock closed at $13.00, up 28.33%, 6,481,681 traded shares.
Protalix BioTherapeutics, Inc. (NYSE AMEX: PLX) announced today that the U.S. Food and Drug Administration (FDA) has approved the Company’s treatment protocol for prGCD, a proprietary plant-cell expressed recombinant form of glucocerebrosidase (GCD) for the treatment of Gaucher disease. The treatment protocol allows physicians and other care-providers to treat patients of Gaucher disease with prGCD in the United States and additional countries world-wide. The stock closed at $6.39, up 10.75%, on 1,698,204 traded shares
China-Biotics, Inc. (NASDAQ: CHBT) announced its financial results for the first quarter of its 2010 fiscal year, ended June 30, 2009. During the first quarter of the 2010 fiscal year, net sales increased 35.5% to $15.4 million from $11.4 million a year ago. The increase resulted from an increase in sales volume from new products, most of which were sold in the Company's Shining-branded retail outlets, significant growth in the bulk additive business and sales price increases on bulk additives products. The stock closed at $12.17, up 8.47%, on 161,702 traded shares.
About QualityStocks:
QualityStocks, based in Scottsdale, Arizona is a free service that collects data from hundreds Small-Cap and Micro-Cap online Investment Newsletters into one Free Daily Newsletter Report. Our name emphasizes the commitment we have to connect subscribers with companies that have huge potential to succeed in the short and long-term future.
August 14, 2009 4:02 PM
Small Cap News Movers for 8/14/09
Patrick Industries, Inc. (NASDAQ: PATK) earlier this week reported its financial results for the second quarter and six months ended June 28, 2009. For the second quarter of 2009, the company reported a net loss of $0.7 million or $0.07 per diluted share, compared to net income of $1.9 million or $0.25 per diluted share for the 2008 period. Net sales were $55.9 million in second quarter 2009, a considerable decrease from the $95.6 million reported during the 2008 period. The stock closed at $2.40, up 49.07%, on 73,070 traded shares.
China GrenTech Corp. Ltd. (NASDAQ: GRRF) yesterday announced its unaudited financial results for the second quarter ended June 30, 2009. Total revenue increased 127.1% year-over-year to RMB423.2 million (US$62.0 million). Gross profit also increased dramatically, rising 70.4% year-over-year to RMB105.9 million (US$15.5 million). Net income was RMB13.3 million (US$2.0 million), compared to net loss attributable of RMB17.0 million in the second quarter 2008. The stock closed at $5.97, up 47.04%, on 4,951,424 traded shares.
GreenHunter Energy, Inc. (AMEX: GRH) announced this morning its financial and operating results for the three months ended June 30, 2009. For the second quarter of 2009, the Company reported net income to common shareholders, including one-time events, of $4.45 million ($0.13 per fully diluted common share) on total revenues of $1.7 million, compared to a net loss of $7.3 million ($0.37 loss per fully diluted common share) on total revenues of $468 thousand in the second quarter of 2008. The stock closed at $2.50, up 59.24%, on 5,551,084 traded shares.
About QualityStocks:
QualityStocks, based in Scottsdale, Arizona is a free service that collects data from hundreds Small-Cap and Micro-Cap online Investment Newsletters into one Free Daily Newsletter Report. Our name emphasizes the commitment we have to connect subscribers with companies that have huge potential to succeed in the short and long-term future.
August 13, 2009 4:08 PM
Small Cap News Movers for 8/13/09
Cyanotech Corporation (NASDAQ: CYAN) today announced its financial results for the first quarter of fiscal 2010 ended June 30, 2009. Revenues for the quarter increased 9% to $4,021,000, compared to revenues of $3,701,000 for the first quarter of fiscal 2009. Gross profit was $1,733,000, with gross profit margin of 43%, in the current quarter compared to a gross profit of $1,304,000 and gross profit margin of 35% reported for the same quarter in 2009. Net income was $413,000, or $0.08 per diluted share, compared to $271,000, or $0.05 per diluted share for the first quarter of fiscal 2009. The stock closed at $2.50, up 28.21%, on 123,274 traded shares.
BluePhoenix Solutions (NASDAQ: BPHX) earlier this week announced its financial results for the second quarter. Revenues for the second quarter of 2009 totaled $19.1 million, a decrease of 6.8% from $20.5 million in the previous quarter and 17.0% from $23.0 million in the second quarter of 2008. Net loss on a GAAP basis for the second quarter of 2009 was $1.9 million or $(0.09) per share, compared to a net loss of $1.8 million or $(0.09) per share in the previous quarter and a net loss of $8.3 million or $0.39 per share in the second quarter of 2008. The stock closed at $3.26, up 17.27%, on 343,358 traded shares.
BioSante Pharmaceuticals, Inc. (NASDAQ: BPAX) today announced positive safety data in its ongoing LibiGel Phase III clinical development program. The company reported that with over 1,250 women enrolled and almost 825 women-years of exposure in its LibiGel Phase III clinical development program, there have been no deaths and only five cardiovascular events. This analysis of blinded data indicates a very low cardiovascular event rate has occurred thus far. The stock closed at $2.06, up 15.74%, on 5,725,515 traded shares.
About QualityStocks:
QualityStocks, based in Scottsdale, Arizona is a free service that collects data from hundreds Small-Cap and Micro-Cap online Investment Newsletters into one Free Daily Newsletter Report. Our name emphasizes the commitment we have to connect subscribers with companies that have huge potential to succeed in the short and long-term future.
August 12, 2009 4:10 PM
Small Cap News Movers for 8/12/09
Paulson Capital Corp. (NASDAQ: PLCC), parent company of Paulson Investment Company, Inc., today reported a net profit for the six months ended June 30, 2009 of $1,041,918 (or $0.18 per share) versus a net loss of $6,958,622 (or ($1.16) per share) for the same period in 2008. Revenues for the six month period 2009 totaled $9,342,770 versus negative revenues of $1,029,691 for June 30, 2008. The stock closed at $2.51, up 100.75%, on 127,497 traded shares.
SeraCare Life Sciences, Inc. (NASDAQ: SRLS) today reported profitable operational and financial results for its third quarter of fiscal year 2009 ended June 30, 2009. For the third fiscal quarter, the company had a net income of $0.7 million and earnings per share on a basic and diluted basis of $0.04 compared to a net loss of $0.6 million and a loss per share on a basic and diluted basis of $0.03 during the same period in 2008. The stock closed at $2.27, up 36.09%, on 357,963 traded shares.
ADC (NASDAQ: ADCT) today announced that it is expanding the scope of a previously announced restructuring initiative in the Europe, Middle East, Africa (EMEA) region to include the United States, Latin America and the Asia Pacific region. This expanded initiative is intended to better align ADC’s business with changing macro-economic and market conditions and enable the company to meet the needs of its global customer base more efficiently and effectively. The stock closed at $8.92, up 29.28%, on 17,783,605 traded shares.
About QualityStocks:
QualityStocks, based in Scottsdale, Arizona is a free service that collects data from hundreds Small-Cap and Micro-Cap online Investment Newsletters into one Free Daily Newsletter Report. Our name emphasizes the commitment we have to connect subscribers with companies that have huge potential to succeed in the short and long-term future.
August 11, 2009 4:30 PM
Small Cap News Movers for 8/11/09
AVANIR Pharmaceuticals, Inc. (NASDAQ:AVNR) today announced that the investigational drug Zenvia™ met its primary efficacy endpoint in the treatment of pseudobulbar affect (PBA) in the confirmatory Phase III STAR trial. Both Zenvia 30/10 mg and 20/10 mg provided a statistically significant reduction in episode rates over the course of the study when compared to placebo (p<0.0001). In an additional analysis of the primary endpoint, at week twelve (end of study), patients in the Zenvia 30/10 mg group reported a statistically significant mean reduction of 88% from baseline in PBA episode rates (p=0.01).
Tongxin International Ltd. (NASDAQ: TXIC) yesterday after the closing bell announced the Company's second quarter 2009 financial results. Net revenues for the second quarter ended June 30, 2009 reached $34.8 million, an approximate $11.7 million, or 50.2 % increase, over the same period the prior year. Net income was $4.4 million, representing an increase of 80.4% from $2.6 million reported in the same period prior year. Net profit margins were 12.7% for the quarter which is a 200-basis point improvement in net margins from 10.6% reported the second quarter of 2008.
Rock of Ages Corporation (NASDAQ: ROAC) announced today that net income for the second quarter of 2009 increased 97% to $1,433,000, or $0.19 per diluted share, compared to net income of $727,000, or $0.10 per diluted share, for the second quarter of 2008. "The production improvements and cost-cutting measures we implemented last year are delivering the positive results we anticipated even in the midst of the current recession," stated CEO Donald Labonte.
About QualityStocks:
QualityStocks, based in Scottsdale, Arizona is a free service that collects data from hundreds Small-Cap and Micro-Cap online Investment Newsletters into one Free Daily Newsletter Report. Our name emphasizes the commitment we have to connect subscribers with companies that have huge potential to succeed in the short and long-term future.
August 10, 2009 4:22 PM
Small Cap News Movers for 8/10/09
Chindex International, Inc. (NASDAQ: CHDX) today announced that it has entered into two new exclusive, multi-year distribution agreements for China with Biotest AG and Cutera Inc. Roberta Lipson, Chindex President and CEO, commented, "We are excited to be announcing these partnerships with industry-leading manufacturers that will widen the breadth of products that Chindex can now offer to China's healthcare communities. The stock closed at $15.94, up 21.22%, on 1,138,320 traded shares.
Echelon Corporation (NASDAQ:ELON) announced today that it has entered into a long-term agreement with Duke Energy (NYSE:DUK), the nation’s third-largest electric utility, to supply Echelon’s Networked Energy Services (NES) system as a key part of Duke Energy’s smart grid program. Currently, Duke Energy provides electricity service to approximately 4 million customers in five states – North Carolina, South Carolina, Indiana, Ohio and Kentucky. The stock closed at $10.05, up 21.08%, on 1,936,621 traded shares.
Pacer International, Inc. (NASDAQ: PACR) last week reported its financial results for the three- and six-month periods ended June 30, 2009. Revenues decreased $139.9 million to $376.7 million compared to $516.6 million for the quarter ended June 27, 2008, while net income declined from $13.4 million in the 2008 quarter to a net loss of $7.3 million in the 2009 quarter. Revenues for the six months ended June 30, 2009 decreased $284.1 million to $735.3 million compared to $1,019.4 million for the six months ended June 27, 2008. The stock closed at $3.22, up 17.52%, on 2,249,051 traded shares.
About QualityStocks:
QualityStocks, based in Scottsdale, Arizona is a free service that collects data from hundreds Small-Cap and Micro-Cap online Investment Newsletters into one Free Daily Newsletter Report. Our name emphasizes the commitment we have to connect subscribers with companies that have huge potential to succeed in the short and long-term future.
August 7, 2009 4:50 PM
Small Cap News Movers for 8/7/09
Pinnacle Airlines Corp. (NASDAQ: PNCL) today reported second quarter 2009 net income of $6.0 million and fully diluted earnings per share of $0.33. Excluding certain nonrecurring items more fully described below, the company achieved net income and EPS of $7.3 million and $0.41, respectively, in the second quarter of 2009. This represents increases of 107% and 105%, respectively, over net income of $3.5 million and EPS of $0.20 in the second quarter of 2008, excluding nonrecurring items. The stock closed at $5.15, up 32.39%, on 466,019 traded shares.
Crocs, Inc. (NASDAQ: CROX) yesterday after the closing bell reported its financial results for the second quarter ended June 30, 2009. Revenue for the quarter exceeded the company’s previous guidance, totaling $197.7 million. Revenue in the comparable quarter of 2008 was $222.8 million. On a non-GAAP basis, the Company’s Q2 2009 net loss after taxes was $5.0 million, or a loss of $0.06 per diluted share, which is better than the range the Company previously provided. The stock closed at $5.49, up 28.57%, on 21,760,425 traded shares.
YRC Worldwide, Inc. (NASDAQ: YRCW) announced today a major step forward in the company's comprehensive plan, with a majority of its employees represented by the International Brotherhood of Teamsters voting '"yes" to ratify a modified labor agreement. President and CEO Bill Zollars stated, “With the support of our employee-owners and other stakeholders, we continue making progress with our comprehensive recovery plan.” The stock closed at $2.26, up 25.56%, on 22,634,066 traded shares.
About QualityStocks:
QualityStocks, based in Scottsdale, Arizona is a free service that collects data from hundreds Small-Cap and Micro-Cap online Investment Newsletters into one Free Daily Newsletter Report. Our name emphasizes the commitment we have to connect subscribers with companies that have huge potential to succeed in the short and long-term future.





