New York, NY - May 11, 2012 - Investorideas.com renewable
energy/green newswire) Investorideas.com, an investor research portal
specializing in sector research including China stocks and renewable
energy stocks issues trading alert for Guanwei Recycling Corp. (NasdaqCM :GPRC) - trading up at $1.6798, up 0.2099(14.28%) 2:07PM EDT on over 600,000 shares. The stock had a day's high of $1.72.
The company reported yesterday that it will discuss 2012 first quarter results during a live conference
call and webcast on Wednesday, May 16th, at 8:00am EDT. This will
follow distribution of a news release with the Company's first quarter
results on Tuesday, May 15, 2012.
About Guanwei Recycling Corp.
Guanwei Recycling Corp. is China's largest manufacturer of
recycled low density polyethylene (LDPE). Adhering to the highest
"green" standards, it has generated rapid growth producing LDPE from
plastic waste procured mostly in Europe for sales to more than 300
customers in more than ten different industries in China. Guanwei
Recycling Corp. is one of the few plastic recyclers in China that has
been issued a Compliance Certificate by Umweltagentur Erftstadt, which
issues certificates of approval for certain plastics manufacturers which
meet strict environmental standards in Germany. This enables the
Company to procure high quality plastic waste directly from Germany and
other European countries ( Spain and Holland), with no middlemen, and
permits highly economic production of the highest grades of LDPE.
Additional information regarding Guanwei Recycling Corp. is available at
www.guanweirecycling.com.
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Friday, May 11, 2012
Biopharmaceutical Stock to Watch; Arena Pharmaceuticals (NASDAQ:ARNA) Big Moves on Lorcaserin Obesity Drug
New York, New York - May 11, 2012 - Investorideas.com, an investor
research portal specializing in sector research including biotech and
pharma stocks, issues a trading alert for Arena Pharmaceuticals, Inc. (NasdaqGS:ARNA)
making big moves, gaining $5.82 2.16(59.02%) 10:51AM EDT on over 40
million shares in morning trading . The stock was up over 80% during
earlier trading.
Arena Pharmaceuticals, Inc. (ARNA) and Eisai Inc. reported yesterday, the expansion of the lorcaserin marketing and supply agreement between Arena Pharmaceuticals, Inc.'s wholly owned subsidiary, Arena Pharmaceuticals GmbH, and Eisai Inc. Lorcaserin is an investigational drug candidate intended for weight management. In addition to the United States, the territories in the expanded agreement now include most of North and South America, including Canada, Mexico and Brazil. This expansion builds on the agreement executed by Eisai and Arena in July 2010 for Eisai's exclusive rights to market and distribute lorcaserin in the United States, subject to lorcaserin's approval by the US Food and Drug Administration (FDA).
About Arena Pharmaceuticals
Arena is a clinical-stage biopharmaceutical company focused on discovering, developing and commercializing oral drugs that target G protein-coupled receptors, an important class of validated drug targets, in four major therapeutic areas: cardiovascular, central nervous system, inflammatory and metabolic diseases.
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BC Residents and Investor Disclaimer : Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894
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Arena Pharmaceuticals, Inc. (ARNA) and Eisai Inc. reported yesterday, the expansion of the lorcaserin marketing and supply agreement between Arena Pharmaceuticals, Inc.'s wholly owned subsidiary, Arena Pharmaceuticals GmbH, and Eisai Inc. Lorcaserin is an investigational drug candidate intended for weight management. In addition to the United States, the territories in the expanded agreement now include most of North and South America, including Canada, Mexico and Brazil. This expansion builds on the agreement executed by Eisai and Arena in July 2010 for Eisai's exclusive rights to market and distribute lorcaserin in the United States, subject to lorcaserin's approval by the US Food and Drug Administration (FDA).
About Arena Pharmaceuticals
Arena is a clinical-stage biopharmaceutical company focused on discovering, developing and commercializing oral drugs that target G protein-coupled receptors, an important class of validated drug targets, in four major therapeutic areas: cardiovascular, central nervous system, inflammatory and metabolic diseases.
About InvestorIdeas.com:
InvestorIdeas.com is a leader in investor stock research by sector. Sectors we cover include; water and renewable energy stocks, biotech stocks, mining and gold stocks, energy stocks, natural gas stocks, tech (includes cloud and social networking), defense stocks, nanotech, China stocks and agriculture.
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BC Residents and Investor Disclaimer : Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894
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TSX Stocks to Watch; Thursday's Top Gainers: (TSX: CHH), (TSX: MAW), (TSX: PSN), (TSX: LNR)
New York, NY - May 11, 2012 - www.InvestorIdeas.com, a leader in
sector research for independent investors issues a trading alert for TSX
percentage gainers for May 10, 2012. The Standard & Poor's/TSX
Composite Index rose 61.16 (0.52%) to close at 11,736.17.
Centric Health Corporation (TSX:CHH) shares climbed $ 0.24 (21.82%) to end at C$1.34 on above average volume. The company has closed its previously announced private placement of $15 million in subordinated unsecured convertible notes and 4,050,000 warrants from the private placement in order to repay its senior debt.
Mawson Resources Limited (TSX:MAW) gained 0.24 (21.82%) to close at C$1.34 without any official news. Mawson Resources Limited is principally engaged in the exploration for uranium and gold in Sweden and Finland and gold and copper in Peru.
Poseidon Concepts Corp (TSX:PSN) rose 1.59 (13.72%) to end at C$13.18 after the company reported first quarter results. The company earned $29.63 million on revenue of $52.13 million, compared to a year profit of $6.28 million on revenue of $11.32 million. For FY2012, the company now expects EBITDA of $210 million, an upward revision from the $170 million forecast in January 2012 and from original guidance of $130 million in September 2011.
Linamar Corporation (TSX:LNR) added $ 2.23 (11.95%) to close at C$20.89 after the company posted better-than-estimated first quarter earnings. Linamar earned $39.6 million, or 61 cents per share, from a year ago profit of $24.9 million. Revenue during the quarter grew 24.40% to $840 million from $675.2 million. Analyst at Scotia upgraded the stock to sector outperform.
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BC Residents and Investor Disclaimer: Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894
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Centric Health Corporation (TSX:CHH) shares climbed $ 0.24 (21.82%) to end at C$1.34 on above average volume. The company has closed its previously announced private placement of $15 million in subordinated unsecured convertible notes and 4,050,000 warrants from the private placement in order to repay its senior debt.
Mawson Resources Limited (TSX:MAW) gained 0.24 (21.82%) to close at C$1.34 without any official news. Mawson Resources Limited is principally engaged in the exploration for uranium and gold in Sweden and Finland and gold and copper in Peru.
Poseidon Concepts Corp (TSX:PSN) rose 1.59 (13.72%) to end at C$13.18 after the company reported first quarter results. The company earned $29.63 million on revenue of $52.13 million, compared to a year profit of $6.28 million on revenue of $11.32 million. For FY2012, the company now expects EBITDA of $210 million, an upward revision from the $170 million forecast in January 2012 and from original guidance of $130 million in September 2011.
Linamar Corporation (TSX:LNR) added $ 2.23 (11.95%) to close at C$20.89 after the company posted better-than-estimated first quarter earnings. Linamar earned $39.6 million, or 61 cents per share, from a year ago profit of $24.9 million. Revenue during the quarter grew 24.40% to $840 million from $675.2 million. Analyst at Scotia upgraded the stock to sector outperform.
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BC Residents and Investor Disclaimer: Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894
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Thursday's NASDAQ Winners: INSP, VRTU, FCFC, TSLA
New York, NY - May 11, 2012 - www.InvestorIdeas.com, a global
investor research portal for independent investors, reports on top
percentage gainers on the NASDAQ for Thursday, May 10. The Nasdaq
Composite fell 1.07 (-0.04%) to close at 2,933.64.
InfoSpace, Inc. (NASDAQ:INSP) shares gained 21.68% to close at $13.36 after the company's first quarter profit soared on its TaxAct acquisition.
The company reported first quarter net income of $11.4 million, or $0.28 per share, from $1.3 million, or $0.04 per share, in the same period a year earlier. Revenue more than doubled, to $115.7 million from $51.7 million a year earlier.
Virtusa Corporation (NASDAQ:VRTU) added 17.08% to end at $14.67. The company reported fourth quarter revenue of $74.2 million, an increase of 27% year-over-year in reported currency. Net income for the fourth quarter was $5.8 million, or $0.23 per diluted share, as compared to $5.2 million, or $0.21 per diluted share, for the fourth quarter of fiscal 2011
Looking forward, the company expects first quarter revenue to be in the range of $75.0 to $77.0 million with diluted earnings per share (EPS) of $0.20 to $0.24. For fiscal 2013, it expects revenue to be in the range of $314.0 to $330.0 million with diluted EPS of $0.95 to $1.11. Analysts were expecting the company to report revenue of $77 million and EPS of $0.23 for first quarter of 2013; revenue of $327 million and EPS of $1.06 for fiscal 2013.
FirstCity Financial Corporation (NASDAQ:FCFC) shares climbed to close at $9.69. The company reported first quarter 2012 earnings of $8.4 million or $0.80 per diluted share.
The company's Portfolio Asset Acquisition and Resolution business segment reported $10.8 million in earnings, comprised primarily of $17.2 million in revenues, $4.5 million of equity income from unconsolidated subsidiaries, and $9.5 million of operating costs and expenses.
Moreover, FirstCity and its partners acquired $91.2 million of portfolio assets with a face value of $210.1 million, during the first quarter of 2012.
Tesla Motors Inc(NASDAQ:TSLA) shares gained 9.65% to close at $32.96 after the company reported first-quarter net loss of $89.87 million or $0.86 per share, as compared to $48.94 million or $0.51 per share in the same quarter last year. Non-GAAP net loss widened to $79.32 million or $0.76 per share. Total revenues for the quarter dropped to $30.17 million from $49.03 million in the comparable quarter last year.
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InfoSpace, Inc. (NASDAQ:INSP) shares gained 21.68% to close at $13.36 after the company's first quarter profit soared on its TaxAct acquisition.
The company reported first quarter net income of $11.4 million, or $0.28 per share, from $1.3 million, or $0.04 per share, in the same period a year earlier. Revenue more than doubled, to $115.7 million from $51.7 million a year earlier.
Virtusa Corporation (NASDAQ:VRTU) added 17.08% to end at $14.67. The company reported fourth quarter revenue of $74.2 million, an increase of 27% year-over-year in reported currency. Net income for the fourth quarter was $5.8 million, or $0.23 per diluted share, as compared to $5.2 million, or $0.21 per diluted share, for the fourth quarter of fiscal 2011
Looking forward, the company expects first quarter revenue to be in the range of $75.0 to $77.0 million with diluted earnings per share (EPS) of $0.20 to $0.24. For fiscal 2013, it expects revenue to be in the range of $314.0 to $330.0 million with diluted EPS of $0.95 to $1.11. Analysts were expecting the company to report revenue of $77 million and EPS of $0.23 for first quarter of 2013; revenue of $327 million and EPS of $1.06 for fiscal 2013.
FirstCity Financial Corporation (NASDAQ:FCFC) shares climbed to close at $9.69. The company reported first quarter 2012 earnings of $8.4 million or $0.80 per diluted share.
The company's Portfolio Asset Acquisition and Resolution business segment reported $10.8 million in earnings, comprised primarily of $17.2 million in revenues, $4.5 million of equity income from unconsolidated subsidiaries, and $9.5 million of operating costs and expenses.
Moreover, FirstCity and its partners acquired $91.2 million of portfolio assets with a face value of $210.1 million, during the first quarter of 2012.
Tesla Motors Inc(NASDAQ:TSLA) shares gained 9.65% to close at $32.96 after the company reported first-quarter net loss of $89.87 million or $0.86 per share, as compared to $48.94 million or $0.51 per share in the same quarter last year. Non-GAAP net loss widened to $79.32 million or $0.76 per share. Total revenues for the quarter dropped to $30.17 million from $49.03 million in the comparable quarter last year.
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From time to time Investorideas.com buys shares in companies it features. As a policy, Investorideas.com does not short stocks
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Thursday, May 10, 2012
Wind Stock News: Clean Wind Energy Tower, Inc. (OTCBB:CWET): San Luis City Council Votes in Favor of Zoning for CWET Energy Tower
ANNAPOLIS, Md. - May 10, 2012 (Investorideas.com renewable energy/green newswire) Clean Wind Energy Tower, Inc. (OTCBB:CWET)
(the "Company") announced today that on May 9th, 2012 the City Council
of San Luis, Arizona voted unanimously in favor of zoning a parcel of
land within the San Luis City limits for the construction of Clean Wind
Energy's innovative green renewable energy Downdraft Tower Facility. The
second and final hearing and vote on the matter will occur at the City
Council meeting scheduled for May 23rd. The San Luis zoning process
requires the City Council to review and vote on zoning applications at
two separate hearings.
This alternative energy project will bring significant employment opportunities and economic stimulus to San Luis and a number of U.S. industries. The Company anticipates that during the Downdraft Tower's construction phase, 2,500 construction and transportation jobs and 1,000 manufacturing jobs will be created. Once placed in service, each Tower should generate 1,000 permanent jobs. The San Luis location incorporates plans for two (2) Downdraft Towers and a component parts Assembly Plant. As designed, the Company anticipates that each Downdraft Tower could generate enough electricity to power up to 1,600,000 homes using the guidelines set forth in the California Statewide Residential Appliance Saturation Study, 2004. As an independent power producer of clean renewable energy, the Company will not be selling power directly to consumers but rather to the grid.
San Luis is an ideal location for Clean Wind Energy to build this innovative alternative energy facility because this region of the southwest United States provides the proper weather profiles, proximity to the power grid, and other ingredients beneficial to the operation of a Downdraft Tower, and has been previously targeted as a prime region for alternative energy projects.
About Clean Wind Energy, Inc.
Clean Wind Energy, Inc., a wholly owned subsidiary of Clean Wind Energy Tower, Inc., has designed and is preparing to develop, and construct large "Downdraft Towers" that use benevolent, non-toxic natural elements to generate electricity and clean water economically by integrating and synthesizing numerous proven as well as emerging technologies.
The Company's core objective and focus is to become a provider of clean efficient green energy to the world communities at a reasonable cost without the destructive residuals of fossil fuel, and to help broker the chasm between both, while continuing to generate innovative technological solutions for today and tomorrow's electrical power needs.
In addition to constructing Downdraft Towers in the United States and abroad, the Company intends to establish partnerships at home and abroad to propagate these systems and meet increasing global demand for clean water and electricity. Clean Wind has assembled a team of experienced business professionals, engineers and scientists with access to the breakthrough energy research upon which this technology is founded and the proven ability to bring the idea to market. Clean Wind Energy, Inc. has filed several patents that the Company believes will further enhance this potentially revolutionary technology. Clean Wind Energy, Inc. is based in Annapolis MD, and is traded on the OTCBB under the symbol 'CWET'. For more information visit www.cleanwindenergytower.com
Contact:
Clean Wind Energy, Inc.
1997 Annapolis Exchange Parkway Suite 300
Annapolis, Maryland 21401
Phone: 410-972-4713
E-mail: Info@cwetower.com
www.cleanwindenergytower.com
Investor Relations Contact:
Jody Janson
Phone: (855) 848-6937
Email: ir@cwetower.com
Cautionary Note Regarding Forward-Looking Statements
Statements included in this release may constitute "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as that term is defined in the Private Litigation Reform Act of 1995. Such statements involve a number of risks and uncertainties such as competitive factors, technological development, market demand and the Company's ability to obtain new contracts and accurately estimate net revenues due to variability in size, scope and duration of projects, and internal issues in the sponsoring client. Further information on potential factors that could affect the Company's financial results, can be found in the Company's various filings with the Securities and Exchange Commission (SEC).
Investorideas.com was on the of the first investor sites covering investing in water and renewable energy stocks and has become a global go-to destination for investors researching the cleantech sector, with stock directories, company news, commentary from experts, research reports and industry resources and links. Investors can follow solar stocks commentary on our site with solar expert, J. Peter Lynch.
For more information about Investorideas.com contact:
800.665.0411, Email: dvanzant@investorideas.com or cvanzant@investorideas.com
This alternative energy project will bring significant employment opportunities and economic stimulus to San Luis and a number of U.S. industries. The Company anticipates that during the Downdraft Tower's construction phase, 2,500 construction and transportation jobs and 1,000 manufacturing jobs will be created. Once placed in service, each Tower should generate 1,000 permanent jobs. The San Luis location incorporates plans for two (2) Downdraft Towers and a component parts Assembly Plant. As designed, the Company anticipates that each Downdraft Tower could generate enough electricity to power up to 1,600,000 homes using the guidelines set forth in the California Statewide Residential Appliance Saturation Study, 2004. As an independent power producer of clean renewable energy, the Company will not be selling power directly to consumers but rather to the grid.
San Luis is an ideal location for Clean Wind Energy to build this innovative alternative energy facility because this region of the southwest United States provides the proper weather profiles, proximity to the power grid, and other ingredients beneficial to the operation of a Downdraft Tower, and has been previously targeted as a prime region for alternative energy projects.
About Clean Wind Energy, Inc.
Clean Wind Energy, Inc., a wholly owned subsidiary of Clean Wind Energy Tower, Inc., has designed and is preparing to develop, and construct large "Downdraft Towers" that use benevolent, non-toxic natural elements to generate electricity and clean water economically by integrating and synthesizing numerous proven as well as emerging technologies.
The Company's core objective and focus is to become a provider of clean efficient green energy to the world communities at a reasonable cost without the destructive residuals of fossil fuel, and to help broker the chasm between both, while continuing to generate innovative technological solutions for today and tomorrow's electrical power needs.
In addition to constructing Downdraft Towers in the United States and abroad, the Company intends to establish partnerships at home and abroad to propagate these systems and meet increasing global demand for clean water and electricity. Clean Wind has assembled a team of experienced business professionals, engineers and scientists with access to the breakthrough energy research upon which this technology is founded and the proven ability to bring the idea to market. Clean Wind Energy, Inc. has filed several patents that the Company believes will further enhance this potentially revolutionary technology. Clean Wind Energy, Inc. is based in Annapolis MD, and is traded on the OTCBB under the symbol 'CWET'. For more information visit www.cleanwindenergytower.com
Contact:
Clean Wind Energy, Inc.
1997 Annapolis Exchange Parkway Suite 300
Annapolis, Maryland 21401
Phone: 410-972-4713
E-mail: Info@cwetower.com
www.cleanwindenergytower.com
Investor Relations Contact:
Jody Janson
Phone: (855) 848-6937
Email: ir@cwetower.com
Cautionary Note Regarding Forward-Looking Statements
Statements included in this release may constitute "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as that term is defined in the Private Litigation Reform Act of 1995. Such statements involve a number of risks and uncertainties such as competitive factors, technological development, market demand and the Company's ability to obtain new contracts and accurately estimate net revenues due to variability in size, scope and duration of projects, and internal issues in the sponsoring client. Further information on potential factors that could affect the Company's financial results, can be found in the Company's various filings with the Securities and Exchange Commission (SEC).
Visit the CWET showcase page at Investorideas.com:
http://www.investorideas.com/CO/CWE/
http://www.investorideas.com/CO/CWE/
Research more wind stocks with the renewable energy stocks directory:
http://www.investorideas.com/Companies/RenewableEnergy/Stock_List.asp
About Investorideas.com and our Green Investor content:http://www.investorideas.com/Companies/RenewableEnergy/Stock_List.asp
Investorideas.com was on the of the first investor sites covering investing in water and renewable energy stocks and has become a global go-to destination for investors researching the cleantech sector, with stock directories, company news, commentary from experts, research reports and industry resources and links. Investors can follow solar stocks commentary on our site with solar expert, J. Peter Lynch.
Sign up at Investor Ideas for free investor alerts including news on wind stocks
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TSX Stocks to Watch; Tuesday's Top Gainers: TSX: FVL, TSX: JAG, TSX: MAY, TSX: ORE
New York, NY - May 10, 2012 - www.InvestorIdeas.com, a leader
in sector research for independent investors issues a trading alert for
TSX percentage gainers for May 09, 2012. The Standard & Poor's/TSX
Composite Index was down 29.73 (-0.25%) at close at 11,675.01.
Freegold Ventures Limited (TSX:FVL) added 0.160 (28.57%) to close at C$0.72 after the company announced the results from its ongoing drill program on the Golden Summit Project located near Fairbanks, Alaska. Drilling at Golden Summit was conducted with two rigs from mid-January through mid-April and has been primarily focused in the Dolphin and Cleary Hill Areas.
Jaguar Mining Inc. (TSX: JAG) rose 0.26 (18.31%) to end at C$1.68 on above average volume. The company recently announced that the Special Committee of the Company's Board of Directors has concluded its strategic review process respecting the possible change of control of Jaguar. Despite the Committee's extensive efforts, this process has not resulted in an agreed change of control transaction.
Meadow Bay Gold Corp (TSX: MAY) climbed 0.100 (13.70%) to close at C$0.83 on 150K shares. Meadow Bay Gold Corporation (Meadow Bay Gold), formerly Meadow Bay Capital Corporation, is a mining and exploration company engaged in developing Atlanta Gold and Silver in Nevada, the United States.
Orezone Gold Corp (TSX: ORE) edged up 0.13 (9.22%) to close at C$1.54. Orezone Gold Corporation (Orezone) is an exploration-stage company. Orezone is engaged in the acquisition, exploration and development of gold projects in Burkina Faso and uranium projects in Niger
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Freegold Ventures Limited (TSX:FVL) added 0.160 (28.57%) to close at C$0.72 after the company announced the results from its ongoing drill program on the Golden Summit Project located near Fairbanks, Alaska. Drilling at Golden Summit was conducted with two rigs from mid-January through mid-April and has been primarily focused in the Dolphin and Cleary Hill Areas.
Jaguar Mining Inc. (TSX: JAG) rose 0.26 (18.31%) to end at C$1.68 on above average volume. The company recently announced that the Special Committee of the Company's Board of Directors has concluded its strategic review process respecting the possible change of control of Jaguar. Despite the Committee's extensive efforts, this process has not resulted in an agreed change of control transaction.
Meadow Bay Gold Corp (TSX: MAY) climbed 0.100 (13.70%) to close at C$0.83 on 150K shares. Meadow Bay Gold Corporation (Meadow Bay Gold), formerly Meadow Bay Capital Corporation, is a mining and exploration company engaged in developing Atlanta Gold and Silver in Nevada, the United States.
Orezone Gold Corp (TSX: ORE) edged up 0.13 (9.22%) to close at C$1.54. Orezone Gold Corporation (Orezone) is an exploration-stage company. Orezone is engaged in the acquisition, exploration and development of gold projects in Burkina Faso and uranium projects in Niger
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Wednesday's NASDAQ Winners: CISG, SODA, CPWM, FCAL
New York, NY - May 10, 2012 - www.InvestorIdeas.com, a global
investor research portal for independent investors, reports on top
percentage gainers on the NASDAQ for Wednesday, May 09. The Nasdaq
Composite fell 11.56 (-0.39%) to close at 2,934.71.
CNinsure Inc. (ADR) (NASDAQ:CISG) shares jumped 32.48% and closed at $7.79. The company will release its financial results for the first quarter 2012 on May 22, 2012. The company expects total net revenues to grow by less than 5% for the first quarter of 2012 compared to the corresponding period of 2011. The 52 week trading range for the company is $5.23 - $17.69.
Sodastream International Limited (NASDAQ:SODA) stock added 26.41% to close at $36.90 after the company reported first quarter net income of $10.1 million from $5.5 million in the year ago period. Earnings per share increased to $0.48, as compared to $0.28 in the first quarter of 2011. Adjusted net income was $11.5 million for the period. Total revenues increased 50.2%to $87.9 million. Analysts expected the company to report earnings of $0.35 per share on revenues of $56.82 million for the quarter.
Looking forward, the company now expects 2012 net income to increase approximately 50% over 2011 net income of $27.5 million and revenues to increase approximately 33% over 2011 revenues of $289.0 million. Analysts expect the company to report revenues of $282.83 million for fiscal 2012.
Cost Plus, Inc. (NASDAQ:CPWM) shares climbed 21.90% to end at $21.93 after Bed Bath & Beyond Inc. agreed to acquire the company for $550 million or $22 per share in cash, a 22% premium over the stock's closing price of $17.99 on Tuesday.
First California Financial Group, Inc. (NASDAQ:FCAL) shares rose 19.61% and closed at $6.71. The company announced, in response to PacWest Bancorp's unsolicited and highly conditional offer to acquire First California Financial Group for shares of PacWest common stock, that its Board of Directors promptly reviewed the proposal and sought further clarifying information from PacWest concerning the terms and value of the proposal and related matters.
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CNinsure Inc. (ADR) (NASDAQ:CISG) shares jumped 32.48% and closed at $7.79. The company will release its financial results for the first quarter 2012 on May 22, 2012. The company expects total net revenues to grow by less than 5% for the first quarter of 2012 compared to the corresponding period of 2011. The 52 week trading range for the company is $5.23 - $17.69.
Sodastream International Limited (NASDAQ:SODA) stock added 26.41% to close at $36.90 after the company reported first quarter net income of $10.1 million from $5.5 million in the year ago period. Earnings per share increased to $0.48, as compared to $0.28 in the first quarter of 2011. Adjusted net income was $11.5 million for the period. Total revenues increased 50.2%to $87.9 million. Analysts expected the company to report earnings of $0.35 per share on revenues of $56.82 million for the quarter.
Looking forward, the company now expects 2012 net income to increase approximately 50% over 2011 net income of $27.5 million and revenues to increase approximately 33% over 2011 revenues of $289.0 million. Analysts expect the company to report revenues of $282.83 million for fiscal 2012.
Cost Plus, Inc. (NASDAQ:CPWM) shares climbed 21.90% to end at $21.93 after Bed Bath & Beyond Inc. agreed to acquire the company for $550 million or $22 per share in cash, a 22% premium over the stock's closing price of $17.99 on Tuesday.
First California Financial Group, Inc. (NASDAQ:FCAL) shares rose 19.61% and closed at $6.71. The company announced, in response to PacWest Bancorp's unsolicited and highly conditional offer to acquire First California Financial Group for shares of PacWest common stock, that its Board of Directors promptly reviewed the proposal and sought further clarifying information from PacWest concerning the terms and value of the proposal and related matters.
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Wednesday, May 09, 2012
Oil and Gas Stock News Alert; OriginOil (OTCBB: OOIL)Trades Up 22% on News of entering Frac Water/ Produced Water Market
New
York NY- May 9 , 2012 – Investorideas.com, a leader in sector research
including water stocks and energy stocks issues a news and trading
alert for OriginOil, Inc. (OTCBB: OOIL), trading up at $1.74 0.32(22.54%) 2:25PM EDT, following news of entering the frac water and produced water treatment market.
OriginOil, Inc. (OTCBB: OOIL), developer of a breakthrough technology to convert algae into renewable crude oil, announced today that it has signed a memorandum of understanding with California-based PACE to collaborate with oil field operators in Texas and elsewhere to improve petroleum recovery and water cleaning for re-use at well sites, using a process it originally developed for algae harvesting.
“The performance we’ve seen from OriginOil’s technology is unheard-of in the industry. Removing 98% of organics from a sample of Texas frac flowback water is beyond impressive,” said Andrew Komor, vice president for environmental water at PACE. “This is the next step, where we get a chance to see that performance in the field. The OriginOil team has been highly responsive and we expect this to be a successful program.”
Subject to definitive agreement, OriginOil plans to provide the equipment and capability to process up to one barrel per minute in continuous flow. Success at this scale would set the stage for a ten-fold increase and beyond.
In keeping with its licensing strategy in algae, oil and gas, and waste removal markets, the memorandum provides that OriginOil may choose to be paid for the equipment and receive a small royalty, or to cover its own costs in return for a larger share of profits.
Recent Energy and water Articles :
Energy and Water Series; Q&A Interview with Jud Hill, Managing Director of NGP Global Adaptation Partners
Energy and Water Series; Q&A Interview with GreenHunter Water LLC (AMEX:GRH)
Linkedin.com: Water Stocks - Social network for investors following water stocks
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Linkedin.com Energy Stocks- Social network for investors following energy stocks
http://www.linkedin.com/groups/Energy-stocks-News-Social-Network-3799535?trk=myg_ugrp_ovr
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BC Residents and Investor Disclaimer : Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894
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Source: Water-Stocks.com, Investorideas.com
OriginOil, Inc. (OTCBB: OOIL), developer of a breakthrough technology to convert algae into renewable crude oil, announced today that it has signed a memorandum of understanding with California-based PACE to collaborate with oil field operators in Texas and elsewhere to improve petroleum recovery and water cleaning for re-use at well sites, using a process it originally developed for algae harvesting.
“The performance we’ve seen from OriginOil’s technology is unheard-of in the industry. Removing 98% of organics from a sample of Texas frac flowback water is beyond impressive,” said Andrew Komor, vice president for environmental water at PACE. “This is the next step, where we get a chance to see that performance in the field. The OriginOil team has been highly responsive and we expect this to be a successful program.”
Subject to definitive agreement, OriginOil plans to provide the equipment and capability to process up to one barrel per minute in continuous flow. Success at this scale would set the stage for a ten-fold increase and beyond.
In keeping with its licensing strategy in algae, oil and gas, and waste removal markets, the memorandum provides that OriginOil may choose to be paid for the equipment and receive a small royalty, or to cover its own costs in return for a larger share of profits.
Recent Energy and water Articles :
Energy and Water Series; Q&A Interview with Jud Hill, Managing Director of NGP Global Adaptation Partners
Energy and Water Series; Q&A Interview with GreenHunter Water LLC (AMEX:GRH)
Linkedin.com: Water Stocks - Social network for investors following water stocks
http://www.linkedin.com/e/ez47wj-gp5ofknw-5j/vgh/3966202/
Linkedin.com Energy Stocks- Social network for investors following energy stocks
http://www.linkedin.com/groups/Energy-stocks-News-Social-Network-3799535?trk=myg_ugrp_ovr
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About InvestorIdeas.com:
InvestorIdeas.com is a leader in investor stock research by sector. Sectors we cover include; water and renewable energy stocks, biotech stocks, mining and gold stocks, energy stocks, natural gas stocks, tech (includes cloud and social networking), defense stocks, nanotech, China stocks and agriculture.
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Our sites do not make recommendations. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. This site is currently compensated by news submissions and online advertising. Compensation Disclosure and disclaimers: www.InvestorIdeas.com/About/Disclaimer.asp, http://www.investorideas.com/About/News/Clientspecifics.asp . No disclosure to report
BC Residents and Investor Disclaimer : Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894
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Source: Water-Stocks.com, Investorideas.com
TSX Stocks to Watch; Tuesday's Top Gainers: TSX: CWL, TSX: HLR.UN, TSX: HWD, TSX: TH, TSX: LUC
New York, NY - May 9, 2012 - www.InvestorIdeas.com, a leader
in sector research for independent investors issues a trading alert for
TSX percentage gainers for May 08, 2012. The Standard & Poor's/TSX
Composite Index was down 155.92 (-1.31%) to close at 11,704.74.
The Caldwell Partners International Inc. (TSX:CWL) added $0.175 (28.93%) after the company announced a quarterly dividend of $0.015 payable on June 15. The Caldwell Partners International Inc. is a Canada-based executive search consulting company.
Holloway Lodging Real Estate Invst Trust (TSX:HLR.UN) continued to move higher and gained 13.27% to close at $3.50 after rising about 11% in the previous trading session. Holloway Lodging Real Estate Investment Trust (the REIT) is an open-ended real estate investment trust. The REIT is focused on acquiring, owning and operating select and limited service lodging properties
HARDWOODS DISTRIBUTION INC. (TSX:HWD) added 0.35 (9.78%) to end at C$3.93 on 46K shares. The company announced a quarterly dividend of $0.03. Payable on July 31.
Theratechnologies Inc. (TSX:TH) edged up 0.12 (7.06%) to close at C$1.82. Theratechnologies Inc. is a specialty pharmaceutical company. The Company is engaged in the discovery and development of therapeutic peptide products, with focus on growth-hormone releasing factor peptides.
Lucara Diamond Corp. (TSX:LUC) shares increased by $0.06 (6.25%) to close at C$1.02 on over 1.55 million shares, compared to its average volume of 271K shares. Lucara Diamond Corp. is a diamond development company focused in Africa. The business of Lucara consists of the acquisition, exploration and development of diamond properties.
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BC Residents and Investor Disclaimer : Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894
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The Caldwell Partners International Inc. (TSX:CWL) added $0.175 (28.93%) after the company announced a quarterly dividend of $0.015 payable on June 15. The Caldwell Partners International Inc. is a Canada-based executive search consulting company.
Holloway Lodging Real Estate Invst Trust (TSX:HLR.UN) continued to move higher and gained 13.27% to close at $3.50 after rising about 11% in the previous trading session. Holloway Lodging Real Estate Investment Trust (the REIT) is an open-ended real estate investment trust. The REIT is focused on acquiring, owning and operating select and limited service lodging properties
HARDWOODS DISTRIBUTION INC. (TSX:HWD) added 0.35 (9.78%) to end at C$3.93 on 46K shares. The company announced a quarterly dividend of $0.03. Payable on July 31.
Theratechnologies Inc. (TSX:TH) edged up 0.12 (7.06%) to close at C$1.82. Theratechnologies Inc. is a specialty pharmaceutical company. The Company is engaged in the discovery and development of therapeutic peptide products, with focus on growth-hormone releasing factor peptides.
Lucara Diamond Corp. (TSX:LUC) shares increased by $0.06 (6.25%) to close at C$1.02 on over 1.55 million shares, compared to its average volume of 271K shares. Lucara Diamond Corp. is a diamond development company focused in Africa. The business of Lucara consists of the acquisition, exploration and development of diamond properties.
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BC Residents and Investor Disclaimer : Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894
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Tuesday's NASDAQ Winners: SPMD, ARNA, QLTY, LOPE
New York, NY - May 9, 2012 - www.InvestorIdeas.com, a global investor
research portal for independent investors, reports on top percentage
gainers on the NASDAQ for Tuesday, May 08. The Nasdaq Composite fell
11.49 (-0.39%) to close at 2,946.27
SuperMedia Inc. (NASDAQ:SPMD) soared $0.56 (32.18%) to close at $2.30 after the company reported first quarter operating revenue of $363 million, a decline of 17.1% from the same quarter last year. Net Income was $62 million, which included a $28 million gain on early extinguishment of debt, represents an increase of 107% from the same quarter last year. Adjusted EBITDA was $148 million, a decline of 3.9% from the same quarter last year. The Company’s cash balance on March 31, 2012 was $157 million.
Arena Pharmaceuticals, Inc. (NASDAQ:ARNA) added $0.70 (25.74%) to close at $3.42 as the company said it expects a positive vote from the FDA for its weight loss drug, lorcaserin. The meeting is scheduled for May 10, 2012.
Quality Distribution, Inc. (NASDAQ:QLTY) rose $1.40 (12.97%) to close at $12.19 as the company agreed to acquire the assets of Wylie Bice Trucking LLC and RM Resources LLC for up to $98.3 million, expanding its presence in the North American oil patch.
Additionally, the company reported first quarter net income of $6.7 million or $0.26 per diluted share, as compared to $2.7 million, or $0.12 per diluted share, in the same quarter last year. Total revenue was $191.9 million, an increase of 7.9% versus the same quarter last year.
Grand Canyon Education Inc (NASDAQ:LOPE) edged up 1.95 (12.16%) to end at $17.98 after the company reported first quarter net income of $14.5 million or $0.32 per share, as compared to $9.5 million or $0.21 per share for the year-ago quarter. Net revenue increased 15.2% to $117.1 million. Analysts expected the company to earn $0.26 per share on revenue of $113.48 million for the first quarter.
Looking forward, the company now forecasts second quarter net revenue of $113.5 million to $115.5 million and earnings of $0.26 to $0.27 per share. Analysts currently expect the company to earn $0.25 per share on revenue of $113.73 million for the second quarter.
For the full year 2012, the company now forecasts net revenue of $478 million to $486 million and earnings of $1.24 to $1.30 per share. Analysts currently expect the company to earn $1.21 per share on revenue of $477.53 million for the full year 2012.
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SuperMedia Inc. (NASDAQ:SPMD) soared $0.56 (32.18%) to close at $2.30 after the company reported first quarter operating revenue of $363 million, a decline of 17.1% from the same quarter last year. Net Income was $62 million, which included a $28 million gain on early extinguishment of debt, represents an increase of 107% from the same quarter last year. Adjusted EBITDA was $148 million, a decline of 3.9% from the same quarter last year. The Company’s cash balance on March 31, 2012 was $157 million.
Arena Pharmaceuticals, Inc. (NASDAQ:ARNA) added $0.70 (25.74%) to close at $3.42 as the company said it expects a positive vote from the FDA for its weight loss drug, lorcaserin. The meeting is scheduled for May 10, 2012.
Quality Distribution, Inc. (NASDAQ:QLTY) rose $1.40 (12.97%) to close at $12.19 as the company agreed to acquire the assets of Wylie Bice Trucking LLC and RM Resources LLC for up to $98.3 million, expanding its presence in the North American oil patch.
Additionally, the company reported first quarter net income of $6.7 million or $0.26 per diluted share, as compared to $2.7 million, or $0.12 per diluted share, in the same quarter last year. Total revenue was $191.9 million, an increase of 7.9% versus the same quarter last year.
Grand Canyon Education Inc (NASDAQ:LOPE) edged up 1.95 (12.16%) to end at $17.98 after the company reported first quarter net income of $14.5 million or $0.32 per share, as compared to $9.5 million or $0.21 per share for the year-ago quarter. Net revenue increased 15.2% to $117.1 million. Analysts expected the company to earn $0.26 per share on revenue of $113.48 million for the first quarter.
Looking forward, the company now forecasts second quarter net revenue of $113.5 million to $115.5 million and earnings of $0.26 to $0.27 per share. Analysts currently expect the company to earn $0.25 per share on revenue of $113.73 million for the second quarter.
For the full year 2012, the company now forecasts net revenue of $478 million to $486 million and earnings of $1.24 to $1.30 per share. Analysts currently expect the company to earn $1.21 per share on revenue of $477.53 million for the full year 2012.
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From time to time Investorideas.com buys shares in companies it features. As a policy, Investorideas.com does not short stocks
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Tuesday, May 08, 2012
Water Remediation Solutions Company Oceanic Environmental Solutions; Addressing Produced Water and Frac Water
Water Investment Opportunity for Accredited Investors
New York NY- May 8, 2012 – Investorideas.com, a leader in sector research including water stocks and energy stocks , showcases Oceanic Environmental Solutions (OES), a private Canadian company focused on bringing water remediation solutions to oil and gas markets for produced water and frac water treatment .
Oceanic Technologies
In both retrofit and stand alone situations OES technology can be applied to address a wide range of needs in the remediation process
Enhanced Skim Oil Recoveries"– better recoveries at the “skim oil” stage mean higher
profit for the client and reduces the burden on downstream treatment.
Oil/Water Separation – this is the primary step in produced water remediation. OES
optimizes oil recovery by utilizing the OES’ Proprietary Enhanced Induced Air Flotation
system. The system is simple, robust and economic to build and run. The OES system has
no filters or media that can get clogged by sediment or mineral deposits.
BTEX Reduction" – Standard oil/water separation deals with free oil and cannot deal
with water soluble hydrocarbon (BTEX)." The OES aeration system can be used to strip
BTEX from solution. The system can strip BTEX without filters or media that can get
clogged by sediment or mineral deposits.
Produced Water BOD and COD Reduction"– High BOD (Biological Oxygen Demand)
and COD (Chemical Oxygen Demand) can render discharge water harmful even if the
oil has been dealt with." The OES system can efficiently deliver the oxygen needed to
deal with the issue.
Enhanced Settling of Solids and Heavy Metals"– OES’ proprietary micro bubble process
can enhance solids and entrained heavy metals separation. Solids of different types either drop out of the bubble rich, less buoyant, fluid or are trapped and floated to the surface for removal.
Treatment of Waste Streams from Water Remediation Technologies" – Water
remediation can produce an oily sludge or sediment that must be dealt with. OES is
working on an advanced bio digestion system with a relatively small footprint that
produces an end product suitable for landfill disposal.
About Oceanic
Oceanic Environmental Solutions Inc. (“OES”) is a private Canadian company focused on
bringing water remediation solutions to oil and gas markets. OES’ industry knowledge
allows it to link the appropriate technologies and handling of waste streams into a
complete solution. OES’ Proprietary Enhanced Induced Air Flotation system is used
independently or in conjunction with our other water management solutions, which
provides overall lower CAPEX and OPEX for our clients.
Visit the Company Profile at Investorideas.com
http://www.investorideas.com/CO/OES/
View the Company PowerPoint
http://www.investorideas.com/CO/OES/news/Oceanic-May-6-2012-profile.pdf
Media, Accredited Investors and Institutions Contact:
Oceanic Environmental Solutions (OES)
780-930-7080 or Dvanzant@investorideas.com
Research water stocks with the water stocks directory at Investorideas.com
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Our sites do not make recommendations. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. This site is currently compensated by news submissions and online advertising and profile companies including Oceanic: Compensation Disclosure and disclaimers: Investorideas.com was compensated for news distribution www.InvestorIdeas.com/About/Disclaimer.asp and
http://www.investorideas.com/About/News/Clientspecifics.asp . This is not a solicitation to retail investors
For More Information Contact:
Dvanzant@investorideas.com
800 665 0411
Investorideas.com
New York NY- May 8, 2012 – Investorideas.com, a leader in sector research including water stocks and energy stocks , showcases Oceanic Environmental Solutions (OES), a private Canadian company focused on bringing water remediation solutions to oil and gas markets for produced water and frac water treatment .
Oceanic Technologies
In both retrofit and stand alone situations OES technology can be applied to address a wide range of needs in the remediation process
Enhanced Skim Oil Recoveries"– better recoveries at the “skim oil” stage mean higher
profit for the client and reduces the burden on downstream treatment.
Oil/Water Separation – this is the primary step in produced water remediation. OES
optimizes oil recovery by utilizing the OES’ Proprietary Enhanced Induced Air Flotation
system. The system is simple, robust and economic to build and run. The OES system has
no filters or media that can get clogged by sediment or mineral deposits.
BTEX Reduction" – Standard oil/water separation deals with free oil and cannot deal
with water soluble hydrocarbon (BTEX)." The OES aeration system can be used to strip
BTEX from solution. The system can strip BTEX without filters or media that can get
clogged by sediment or mineral deposits.
Produced Water BOD and COD Reduction"– High BOD (Biological Oxygen Demand)
and COD (Chemical Oxygen Demand) can render discharge water harmful even if the
oil has been dealt with." The OES system can efficiently deliver the oxygen needed to
deal with the issue.
Enhanced Settling of Solids and Heavy Metals"– OES’ proprietary micro bubble process
can enhance solids and entrained heavy metals separation. Solids of different types either drop out of the bubble rich, less buoyant, fluid or are trapped and floated to the surface for removal.
Treatment of Waste Streams from Water Remediation Technologies" – Water
remediation can produce an oily sludge or sediment that must be dealt with. OES is
working on an advanced bio digestion system with a relatively small footprint that
produces an end product suitable for landfill disposal.
About Oceanic
Oceanic Environmental Solutions Inc. (“OES”) is a private Canadian company focused on
bringing water remediation solutions to oil and gas markets. OES’ industry knowledge
allows it to link the appropriate technologies and handling of waste streams into a
complete solution. OES’ Proprietary Enhanced Induced Air Flotation system is used
independently or in conjunction with our other water management solutions, which
provides overall lower CAPEX and OPEX for our clients.
Visit the Company Profile at Investorideas.com
http://www.investorideas.com/CO/OES/
View the Company PowerPoint
http://www.investorideas.com/CO/OES/news/Oceanic-May-6-2012-profile.pdf
Media, Accredited Investors and Institutions Contact:
Oceanic Environmental Solutions (OES)
780-930-7080 or Dvanzant@investorideas.com
Research water stocks with the water stocks directory at Investorideas.com
Sign up at the Investor Ideas Marketplace for accredited investors and companies seeking funding: http://www.investorideas.com/Marketplace/
About InvestorIdeas.com:
InvestorIdeas.com is a leader in investor stock research by sector. Sectors we cover include; cleantech and renewable energy stocks, biotech stocks, mining and gold stocks, energy stocks, water, tech, defense stocks, nanotech, agriculture and gaming.
Follow Investorideas.com on Twitter http://twitter.com/#!/Investorideas
Follow Investorideas.com on Facebook http://www.facebook.com/Investorideas
Our sites do not make recommendations. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. This site is currently compensated by news submissions and online advertising and profile companies including Oceanic: Compensation Disclosure and disclaimers: Investorideas.com was compensated for news distribution www.InvestorIdeas.com/About/Disclaimer.asp and
http://www.investorideas.com/About/News/Clientspecifics.asp . This is not a solicitation to retail investors
For More Information Contact:
Dvanzant@investorideas.com
800 665 0411
Investorideas.com
Biotech Stock Alert; Aethlon Medical (OTC: AEMD) Reports Undetectable Hepatitis C Virus (HCV) in Genotype 1, Genotype 3, and Genotype 5 Patients Treated with Hemopurifier® Therapy
SAN DIEGO - May 8, 2012 (Investorideas.com newswire) - Aethlon Medical, Inc. (OTCBB: AEMD),
the pioneer in developing selective therapeutic filtration devices to
address infectious disease, cancer and other life-threatening
conditions, reported today that the presence of Hepatitis C virus (HCV)
is currently undetectable in all infected patients that have been
treated with the Aethlon Hemopurifier® in combination with
peginterferon+ribavirin (PR) drug therapy and monitored for at least
ninety days.
In a study conducted at the Medanta Medicity Institute (Medicity), HCV-infected individuals were enrolled to receive up to three, six-hour Hemopurifier® treatments during the first three days of PR drug therapy. The Medicity is a $360 million multi-specialty medical institute established to be a premier center for medical tourism in India. The Aethlon Hemopurifier® is a first-in-class medical device that selectively targets the rapid clearance of HCV from the entire circulatory system to improve benefit, dose, duration and tolerability of drug therapies.
In the Medicity study, Aethlon reported that Hemopurifier® therapy has been well tolerated and without device-related adverse events in nine treated patients. Of these nine patients, six patients were infected with HCV genotype-1; two patients were infected with HCV genotype-3; and one patient was infected with HCV genotype-5. Of the nine reported patients, seven have been monitored for more than ninety days. All seven currently maintain undetectable viral load, including three patients who have been monitored for 48-weeks. Two patients initiated Hemopurifier® therapy on April 18th and April 30th, and therefore have not yet been monitored for extended viral load suppression.
The Immediate Impact of Hemopurifier® Therapy
In addition to demonstrating safety and early efficacy against multiple HCV genotypes, a clinical objective of the Medicity study was to evaluate whether the Hemopurifier® could accelerate HCV eradication to levels associated with treated patients who achieve the highest rate of viral cure, including individuals that previously failed or relapsed PR drug regimens. In the study, Aethlon observed that viral load depletion during the Hemopurifier® + PR drug therapy phase was greatest in hard-to-treat genotype-1 patients with high viral load. In one treated patient, baseline HCV RNA dropped from 5,800,000 IU/ml to 1,840 IU/ml when measured after the third day of Hemopurifier® + PR therapy, representing a 3.49 log or 99.96% reduction of viral load. In another patient, baseline HCV RNA dropped from 8,760,000 IU/ml to 4,665 IU/ml when measured on day-3, representing a 3.27 log or 99.96% reduction. By contrast, a moderate viral load Hemopurifier® patient with baseline HCV RNA of 1,340,000 IU/ml dropped to 54,900 IU/ml when measured on day-3, representing a 1.38 log or 95.9% reduction.
As a point of reference, the landmark IDEAL Study of 3,070 HCV genotype-1 patients documented that less than 5% of treated patients will achieve a 2-log or greater reduction of viral load when measured 7-days after the start of PR drug therapy. While the IDEAL study did not report day-3 viral load, a 2-log+ reduction at day-7 is a rare occurrence defined as an immediate virologic response (IVR). The IDEAL study confirms the viral cure or sustained virologic response rate of IVR patients to be greater than 90%. Based on Medicity treatment outcomes, Hemopurifier® therapy had a significant impact in accelerating HCV eradication in high viral load patients.
Capacity of the Hemopurifier® to Capture HCV During Treatment
As the result of discussions with reviewers at the Center for Devices and Radiological Health (the FDA branch responsible for approving medical devices in the US), Aethlon recently expanded the Medicity protocol to establish a data point that would quantify the amount of HCV captured within the Hemopurifier® during a single treatment. In one analyzed cartridge, researchers recovered and measured that approximately 300 billion (300,000,000,000) copies of HCV had been captured within the Hemopurifier® during a single six-hour treatment at the Medicity. Beyond the impact of inhibiting progeny virus replication, the viral capture data point defines the contribution Hemopurifier® therapy can provide to current and future antiviral drug treatment regimens. Aethlon considers this data point to be unprecedented as the previous ability to measure the benefit of HCV therapies has primarily been limited to measuring changes in the amount of virus that can be detected in circulation.
Next Steps
As a result of Hemopurifier® + PR therapy outcomes, Aethlon has requested permission from the Medicity internal review board (IRB) to begin offering Hemopurifier® therapy to HCV-infected individuals that reside outside of India. The Company has also requested IRB permission to expand the treatment protocol to allow for up to seven Hemopurifier® treatments to be administered during the first week of PR drug therapy. Based on previous three-treatment protocol outcomes, Aethlon anticipates an expanded Hemopurifier® dosing schedule could establish new milestones for early undetectable viral load achievement. The Company also disclosed it will resubmit an investigational device exemption (IDE) which incorporates the Medicity data as part of its effort to gain FDA approval to initiate clinical programs in the U.S.
It is estimated that approximately 4 million Americans and 170 million people worldwide are infected with HCV, which leads to chronic liver disease or cirrhosis, and is the leading cause of liver transplant in the U.S. To date, almost 100 Hemopurifier® treatments have been administered in human studies. Previously, studies of the Hemopurifier® have been conducted at the Apollo, Fortis, and Sigma New Life hospitals in India. These studies demonstrated that Hemopurifier® therapy could safely reduce viral load in both HIV and HCV-infected dialysis patients without the administration of antiviral drug therapies. The Medicity study represents the first Hemopurifier® study in non-dialysis patients. In vitro studies have further validated the ability of the Hemopurifier® to capture a broad-spectrum of viral pathogens classified as bioterror or pandemic threats.
About Aethlon Medical
The Aethlon Medical mission is to create innovative medical devices that address unmet medical needs in cancer, infectious disease, and other life-threatening conditions. Our Aethlon ADAPT™ System is a revenue-stage technology platform that provides the basis for a new class of therapeutics that target the selective removal of disease enabling particles from the entire circulatory system. The Aethlon ADAPT™ product pipeline includes the Aethlon Hemopurifier® to address infectious disease and cancer; HER2osome™ to target HER2+ breast cancer, and a medical device being developed under a contract with the Defense Advanced Research Projects Agency (DARPA) that would reduce the incidence of sepsis in combat-injured soldiers and civilians. For more information, please visit www.aethlonmedical.com.
Certain of the statements herein may be forward-looking and involve risks and uncertainties. Such forward-looking statements involve assumptions, known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Aethlon Medical, Inc. to be materially different from any future results, performance, or achievements expressed or implied by the forward-looking statements. Such potential risks and uncertainties include, without limitation, the ability for the Company to derive business partnerships or future revenue streams using the Aethlon ADAPT™ system including the ability to introduce a targeted breast cancer therapy known as HER2osome™, there is no assurance that FDA will approve the initiation of the company's clinical programs or provide market clearance of the company's products, the ability to achieve the goals set out in the DARPA contract, future human studies of the Aethlon Hemopurifier® as an adjunct therapy to improve patient responsiveness to established cancer therapies, the company's ability to raise capital when needed, the Company's ability to complete the development of its planned products, the Company's ability to manufacture its products either internally or through outside companies and provide its services, the impact of government regulations, patent protection on the Company's proprietary technology, product liability exposure, uncertainty of market acceptance, competition, technological change, and other risk factors. In such instances, actual results could differ materially as a result of a variety of factors, including the risks associated with the effect of changing economic conditions and other risk factors detailed in the Company's Securities and Exchange Commission filings.
Contacts:
James A. Joyce
Chairman and CEO
858.459.7800 x301
jj@aethlonmedical.com
Jim Frakes
Chief Financial Officer
858.459.7800 x300
jfrakes@aethlonmedical.com
John P. Salvador
Director, Communications & Investor Relations
858.459.7800 x307
jps@aethlonmedical.com
Visit the AETHLON MEDICAL INC (OTC BB: AEMD) showcase profile page on Investorideas.comDisclosure/Disclaimer: AETHLON MEDICAL INC (OTC BB: AEMD) Investorideas.com is paid by AEMD to publish news and distribute content through Investordeas.com Newswire and its syndicated partners and blogs
In a study conducted at the Medanta Medicity Institute (Medicity), HCV-infected individuals were enrolled to receive up to three, six-hour Hemopurifier® treatments during the first three days of PR drug therapy. The Medicity is a $360 million multi-specialty medical institute established to be a premier center for medical tourism in India. The Aethlon Hemopurifier® is a first-in-class medical device that selectively targets the rapid clearance of HCV from the entire circulatory system to improve benefit, dose, duration and tolerability of drug therapies.
In the Medicity study, Aethlon reported that Hemopurifier® therapy has been well tolerated and without device-related adverse events in nine treated patients. Of these nine patients, six patients were infected with HCV genotype-1; two patients were infected with HCV genotype-3; and one patient was infected with HCV genotype-5. Of the nine reported patients, seven have been monitored for more than ninety days. All seven currently maintain undetectable viral load, including three patients who have been monitored for 48-weeks. Two patients initiated Hemopurifier® therapy on April 18th and April 30th, and therefore have not yet been monitored for extended viral load suppression.
The Immediate Impact of Hemopurifier® Therapy
In addition to demonstrating safety and early efficacy against multiple HCV genotypes, a clinical objective of the Medicity study was to evaluate whether the Hemopurifier® could accelerate HCV eradication to levels associated with treated patients who achieve the highest rate of viral cure, including individuals that previously failed or relapsed PR drug regimens. In the study, Aethlon observed that viral load depletion during the Hemopurifier® + PR drug therapy phase was greatest in hard-to-treat genotype-1 patients with high viral load. In one treated patient, baseline HCV RNA dropped from 5,800,000 IU/ml to 1,840 IU/ml when measured after the third day of Hemopurifier® + PR therapy, representing a 3.49 log or 99.96% reduction of viral load. In another patient, baseline HCV RNA dropped from 8,760,000 IU/ml to 4,665 IU/ml when measured on day-3, representing a 3.27 log or 99.96% reduction. By contrast, a moderate viral load Hemopurifier® patient with baseline HCV RNA of 1,340,000 IU/ml dropped to 54,900 IU/ml when measured on day-3, representing a 1.38 log or 95.9% reduction.
As a point of reference, the landmark IDEAL Study of 3,070 HCV genotype-1 patients documented that less than 5% of treated patients will achieve a 2-log or greater reduction of viral load when measured 7-days after the start of PR drug therapy. While the IDEAL study did not report day-3 viral load, a 2-log+ reduction at day-7 is a rare occurrence defined as an immediate virologic response (IVR). The IDEAL study confirms the viral cure or sustained virologic response rate of IVR patients to be greater than 90%. Based on Medicity treatment outcomes, Hemopurifier® therapy had a significant impact in accelerating HCV eradication in high viral load patients.
Capacity of the Hemopurifier® to Capture HCV During Treatment
As the result of discussions with reviewers at the Center for Devices and Radiological Health (the FDA branch responsible for approving medical devices in the US), Aethlon recently expanded the Medicity protocol to establish a data point that would quantify the amount of HCV captured within the Hemopurifier® during a single treatment. In one analyzed cartridge, researchers recovered and measured that approximately 300 billion (300,000,000,000) copies of HCV had been captured within the Hemopurifier® during a single six-hour treatment at the Medicity. Beyond the impact of inhibiting progeny virus replication, the viral capture data point defines the contribution Hemopurifier® therapy can provide to current and future antiviral drug treatment regimens. Aethlon considers this data point to be unprecedented as the previous ability to measure the benefit of HCV therapies has primarily been limited to measuring changes in the amount of virus that can be detected in circulation.
Next Steps
As a result of Hemopurifier® + PR therapy outcomes, Aethlon has requested permission from the Medicity internal review board (IRB) to begin offering Hemopurifier® therapy to HCV-infected individuals that reside outside of India. The Company has also requested IRB permission to expand the treatment protocol to allow for up to seven Hemopurifier® treatments to be administered during the first week of PR drug therapy. Based on previous three-treatment protocol outcomes, Aethlon anticipates an expanded Hemopurifier® dosing schedule could establish new milestones for early undetectable viral load achievement. The Company also disclosed it will resubmit an investigational device exemption (IDE) which incorporates the Medicity data as part of its effort to gain FDA approval to initiate clinical programs in the U.S.
It is estimated that approximately 4 million Americans and 170 million people worldwide are infected with HCV, which leads to chronic liver disease or cirrhosis, and is the leading cause of liver transplant in the U.S. To date, almost 100 Hemopurifier® treatments have been administered in human studies. Previously, studies of the Hemopurifier® have been conducted at the Apollo, Fortis, and Sigma New Life hospitals in India. These studies demonstrated that Hemopurifier® therapy could safely reduce viral load in both HIV and HCV-infected dialysis patients without the administration of antiviral drug therapies. The Medicity study represents the first Hemopurifier® study in non-dialysis patients. In vitro studies have further validated the ability of the Hemopurifier® to capture a broad-spectrum of viral pathogens classified as bioterror or pandemic threats.
About Aethlon Medical
The Aethlon Medical mission is to create innovative medical devices that address unmet medical needs in cancer, infectious disease, and other life-threatening conditions. Our Aethlon ADAPT™ System is a revenue-stage technology platform that provides the basis for a new class of therapeutics that target the selective removal of disease enabling particles from the entire circulatory system. The Aethlon ADAPT™ product pipeline includes the Aethlon Hemopurifier® to address infectious disease and cancer; HER2osome™ to target HER2+ breast cancer, and a medical device being developed under a contract with the Defense Advanced Research Projects Agency (DARPA) that would reduce the incidence of sepsis in combat-injured soldiers and civilians. For more information, please visit www.aethlonmedical.com.
Certain of the statements herein may be forward-looking and involve risks and uncertainties. Such forward-looking statements involve assumptions, known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Aethlon Medical, Inc. to be materially different from any future results, performance, or achievements expressed or implied by the forward-looking statements. Such potential risks and uncertainties include, without limitation, the ability for the Company to derive business partnerships or future revenue streams using the Aethlon ADAPT™ system including the ability to introduce a targeted breast cancer therapy known as HER2osome™, there is no assurance that FDA will approve the initiation of the company's clinical programs or provide market clearance of the company's products, the ability to achieve the goals set out in the DARPA contract, future human studies of the Aethlon Hemopurifier® as an adjunct therapy to improve patient responsiveness to established cancer therapies, the company's ability to raise capital when needed, the Company's ability to complete the development of its planned products, the Company's ability to manufacture its products either internally or through outside companies and provide its services, the impact of government regulations, patent protection on the Company's proprietary technology, product liability exposure, uncertainty of market acceptance, competition, technological change, and other risk factors. In such instances, actual results could differ materially as a result of a variety of factors, including the risks associated with the effect of changing economic conditions and other risk factors detailed in the Company's Securities and Exchange Commission filings.
Contacts:
James A. Joyce
Chairman and CEO
858.459.7800 x301
jj@aethlonmedical.com
Jim Frakes
Chief Financial Officer
858.459.7800 x300
jfrakes@aethlonmedical.com
John P. Salvador
Director, Communications & Investor Relations
858.459.7800 x307
jps@aethlonmedical.com
Visit the AETHLON MEDICAL INC (OTC BB: AEMD) showcase profile page on Investorideas.comDisclosure/Disclaimer: AETHLON MEDICAL INC (OTC BB: AEMD) Investorideas.com is paid by AEMD to publish news and distribute content through Investordeas.com Newswire and its syndicated partners and blogs
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