September 2, 2010 (FinancialWire) (Go to http://www.financialwire.net/?s=ftrdnwswnd for all of today’s featured news.) — Unilife Corp. (NASDAQ: UNIS) said that its Unitract Tuberculin Syringe has received 510(k) market clearance from the U.S. Food and Drug Administration. The Unitract TB syringe is a variant of the firm’s Unitract 1mL Insulin Syringe for which Unilife secured FDA clearance earlier this year. Unlike insulin syringes, which are primarily used by people with diabetes, TB syringes are used for the administration of a range of therapeutic drugs and vaccines within acute-care hospitals and other healthcare facilities.
[...continued]
Featured FinancialWire™ News
FDA Approval: Unilife Cleared For Tuberculin Syringe
Oil & Gas News: UNGS Acquires W. Virginia Mineral Rights
September 2, 2010 (FinancialWire) (Go to http://www.financialwire.net/?s=ftrdnwswnd for all of today’s featured news.) — US Natural Gas Corp (OTCBB: UNGS), an energy exploration firm with operations in the Appalachian Basin, said it has acquired one hundred and twenty acres of mineral rights in Wayne County, West Virginia. The acquired mineral rights are located in the Lincoln District, Radnor Quad of Wayne County, West Virginia.
[...continued]
IPO Watch: Full Circle Raises $18 Million
September 2, 2010 (FinancialWire) (Go to http://www.financialwire.net/?s=ftrdnwswnd for all of today’s featured news.) — Full Circle Capital Corp. (NASDAQ: FULL) has priced its initial public offering of two million shares of common stock at $9 per share, which will result in $18 million of gross proceeds. Ladenburg Thalmann & Co., Inc., a division of Ladenburg Thalmann Financial Services, Inc. (AMEX: LTS), acted as the sole bookrunning manager.
[...continued]
Featured FinancialWire™ Commentary, Insight & Exclusives
Blog Watch: Naked Shorting Will Cause U.S. Exchange Exodus
– Editorial Market Commentary –
September 2, 2010 (FinancialWire) (Investrend Forums Syndicate) (By Bud Burrell) (Go to http://www.financialwire.net/?s=cmmtry for all recent commentaries.) – Last week, an important online news service released an article that should send shockwaves into our public markets. In very curt form, the article chronicles the many abuses of U.S. public companies by short selling manipulators, particularly through naked short selling and regular and derivative based synthetic shorting. By implication, the article recites the sheer embarrassing ineffectiveness of our regulators, who are engaged in a pattern of systematic conflicts of interest with revolving doors that are a major disgrace to our own government.
[...continued]
More FinancialWire™ News
Regulation & Compliance: Merriman Out Of NASDAQ Doghouse
September 2, 2010 (FinancialWire) (Go to http://www.financialwire.net/?s=ftrdnwswnd for all of today’s featured news.) — Merriman Holdings, Inc. (NASDAQ: MERRD), which was formerly known as Merriman Curhan Ford Group, Inc., said that it has regained compliance with NASDAQ Listing Rule 5550(a)(2), which requires listed securities to maintain a minimum bid price of $1 per share. The company said it was notified by NASDAQ on August 30.
[...continued]
On The Radar: Ohr Pharmaceutical
September 2, 2010 (FinancialWire) (Investrend Information Syndicate) (Go to http://www.financialwire.net/?s=ftrdnwswnd for all of today’s featured news.) — Healthcare/Biotech company Ohr Pharmaceutical, Inc. (OHRP.OB) (Approx. Market Cap: US$ 9.6 Million) stock closed at $0.27 yesterday on volume of 300 shares, compared to its $0.49 close on June 23, 2010, on volume of 4,500 shares (50 trading sessions ago). OHRP’s 50 day average adjusted close is $0.32. In terms of liquidity, OHRP’s 50-day average daily trading volume is 2,526 shares, with days ranging from zero shares traded to 38,300 shares traded during that 50-day period.
[...continued]
Real Estate Watch: ProGreen Hires Audit Firm
September 2, 2010 (FinancialWire) (Go to http://www.financialwire.net/?s=ftrdnwswnd for all of today’s featured news.) — ProGreen Properties, Inc.’s (OTCBB: PGEI) board of directors has approved the appointment of Baker Tilly Virchow Krause, LLP as the firm’s independent registered public accounting firm for the company's fiscal year ending April 30, 2011.
[...continued]
IT & Healthcare: Allscripts Closes Eclipsys Acquisition
September 2, 2010 (FinancialWire) (Go to http://www.financialwire.net/?s=ftrdnwswnd for all of today’s featured news.) — Allscripts (NASDAQ: MDRX) has closed the merger of Allscripts-Misys Healthcare Solutions, Inc. with Eclipsys Corp. The combined company, Allscripts Healthcare Solutions, Inc., launches with a focus on enabling healthcare providers nationwide to collaborate through connected healthcare communities.
[...continued]
Retail Partnerships: Amerigon Inks Mattress Firm Agreement
September 2, 2010 (FinancialWire) (Go to http://www.financialwire.net/?s=ftrdnwswnd for all of today’s featured news.) — Amerigon, Inc. (NASDAQ: ARGN), a developer of products based on thermoelectric technologies, said that it has signed a three-year, exclusive agreement with Mattress Firm, Inc. providing Mattress Firm the rights to market throughout the continental U.S. a suite of actively heated and cooled luxury mattresses using Amerigon's TE technology.
[...continued]
Business Re-structuring: Premier Financial To Merge Five Banks
September 2, 2010 (FinancialWire) (Go to http://www.financialwire.net/?s=ftrdnwswnd for all of today’s featured news.) — Premier Financial Bancorp, Inc. (NASDAQ: PFBI), a West Virginia-based bank holding company with eight bank subsidiaries, said that it has filed applications with state and federal banking regulatory authorities to merge its three wholly owned West Virginia banks and two other subsidiary banks.
[...continued]
Stock Splits: Medisafe To Up Common Shares 1-For-5
September 2, 2010 (FinancialWire) (Go to http://www.financialwire.net/?s=ftrdnwswnd for all of today’s featured news.) — Medisafe 1 Technologies Corp. (OTC: MFTH) said it will be issuing and completing a stock dividend on its common shares of one-for-five.
[...continued]
Dividends News: Mac-Gray To Pay 5 Cents Per Share
September 2, 2010 (FinancialWire) (Go to http://www.financialwire.net/?s=ftrdnwswnd for all of today’s featured news.) — The board of directors of Mac-Gray Corp. (NYSE: TUC ) has declared a quarterly dividend of $0.05 per share on the company's common stock, payable on October 1, 2010, to stockholders of record at the close of business on September 15, 2010.
[...continued]
C-Level: Chan Named CFO At China Interactive Education
September 2, 2010 (FinancialWire) (Go to http://www.financialwire.net/?s=ftrdnwswnd for all of today’s featured news.) — China Interactive Education, Inc., (OTCBB: CIVN) said it has named Hon Wan Chan as the firm’s chief financial officer, replacing former CFO Ting Pong Cheung, who left the company on August 31 for personal reasons.
[...continued]
Moving Markets: NYSE-AMEX-NASDAQ Volume Leaders
- Streaming Research Special -
September 2, 2010 (FinancialWire) (Summary of September 1, 2010’s Session) — Last session’s most actives showed 23 advancers versus 2 decliners. Volume leaders were led by Citigroup, Inc. (NYSE: C) (streaming research for Citigroup available at http://investrend.stocksmart.com/ri/toc?tid=7921), the SPDRS S&P 500 Trust ETF (AMEX: SPY) (streaming research for SPY available at http://investrend.stocksmart.com/ri/toc?tid=34430), Bank of America
[...continued]
Additional Headlines
| Biotech Companies: Eastland Named CFO At Oncothyreon | Holdings Companies: Becker Named President of SVB |
| OHRP Quarterly Financials | ITNM Quarterly Financials |
*** Portions of today’s FinancialWire commentaries and regulation/compliance articles are brought to you by Marshal Shichtman & Associates, P.C. – Mr. Marshal Shichtman has served as council for Investrend Communications in various capacities since 2001. Mr. Shichtman is now collaborating with Investrend to provide a unique independent equity research product, which includes a specialized component particularly focused on assistance in best practices, filings, reporting and good governance. For a preferred introduction to Mr. Shichtman and/or Investrend’s specialized program, write to resources@investrend.com with “Shichtman Introduction” in the subject line. ***