Today's News
Security & Defense: Mikros Systems Receives $2.9 Million Order
September 8, 2010 (FinancialWire) (Go to http://www.financialwire.net/?s=ftrdnwswnd for all of today’s featured news.) — Mikros Systems Corp. (OTCBB: MKRS) said it has been awarded a new production order from the U.S. Navy to build additional Adaptive Diagnostic Electronic Portable Testset (ADEPT) equipment for deployment on U.S. Aegis Cruisers and Destroyers, as well as the Navy's [...continued]
Biotech Financings: Dyadic Raises Another $1 Million
September 8, 2010 (FinancialWire) (Go to http://www.financialwire.net/?s=ftrdnwswnd for all of today’s featured news.) — Dyadic International, Inc. (OTC: DYAI), a biotechnology company, said it has received an additional $1 million to complete a private placement of convertible subordinated secured promissory notes that has provided Dyadic with total gross proceeds of $4 million.
According to the company, [...continued]
Canada In-Focus: MacNeill Named Oilsands Quest Acting CEO
September 8, 2010 (FinancialWire) (Go to http://www.financialwire.net/?s=ftrdnwswnd for all of today’s featured news.) — The board of directors of Oilsands Quest Inc. (AMEX: BQI) said that it has named Brian MacNeill as acting CEO of Oilsands Quest, replacing T. Murray Wilson. MacNeill will serve as CEO, directing day-to-day operations through a period in which the [...continued]
Drug Delivery: Generex Inks Mexico Deal With Merk
September 8, 2010 (FinancialWire) (Go to http://www.financialwire.net/?s=ftrdnwswnd for all of today’s featured news.) — Generex Biotechnology Corp. (NASDAQ: GNBT), a firm offering technologies for drug delivery for metabolic diseases through the inner lining of the mouth, said that it has entered into a long-term marketing and distribution agreement with Merck, S.A. de C.V. in Mexico [...continued]
IT Management Companies: Radcom To Pay Back Plenus Debt
September 8, 2010 (FinancialWire) (Go to http://www.financialwire.net/?s=ftrdnwswnd for all of today’s featured news.) — Radcom Ltd. (NASDAQ: RDCM), a network service assurance provider, said that it has repaid the remainder of its outstanding debt to the Plenus Venture Lending Fund, seven months in advance of its April 15, 2011 scheduled maturity date. The original credit [...continued]
Mining Companies: Lipton Named Director Of Supatcha
September 8, 2010 (FinancialWire) (Go to http://www.financialwire.net/?s=ftrdnwswnd for all of today’s featured news.) — Supatcha Resources Inc. (OTCBB: SAEI) has appointed Dennis Samuel Lipton to the firm’s board of directors. He has more than 18 years experience in financial analysis, corporate strategy, business funding and development. Lipton also has institutional sales experience in the technology, financial services and [...continued]
Frank Kollar: Streettracks Gold Nearing New Highs
- Technical Market Commentary -
September 8, 2010 (FinancialWire) (By Frank Kollar) (Go to http://www.financialwire.net/?s=cmmtry for all recent commentaries.) — Shares of Streettracks Gold (AMEX: GLD) are on the verge of breaking out, and, considering the strength of this rally, we could see new highs in coming days.
GLD closed on Tuesday, September 7 at $122.70, only [...continued]
Commodities: Jobs Data Lowers T-Bonds, ISM Report Raises Concerns
- Futures Commentary -
September 8, 2010 (FinancialWire) (Investrend Information Syndicate) (By Jim Hyerczyk) (Via Brewer Futures Group) (Also see http://www.financialwire.net/2010/09/08/forex-16/ for today’s Forex Commentary.) — The key to today’s trading action will be whether investor appetite for riskier assets prevails, the first full trading day following Friday’s stronger-than-expected U.S. labor data. The December Treasury Bonds have [...continued]
Currencies: Investors Shed Assets On European Bank Worries
- Forex Commentary -
September 8, 2010 (FinancialWire) (Investrend Information Syndicate) (Via Brewer Investment Group) (Overnight, September 7, 2010, Report) — The Japanese Yen hit a 15-year high versus the U.S. Dollar on Tuesday as investors shed risky assets. Safe haven flows partially triggered by a report in the Wall Street Journal sent cautious traders scrambling [...continued]
Moving Markets: NYSE-AMEX-NASDAQ Volume Leaders
- Streaming Research Special -
September 8, 2010 (FinancialWire) (Summary of September 7, 2010’s Session) — Last session’s most actives showed 7 advancers versus 18 decliners. Volume leaders were led by Oracle Corp. (NASDAQ: ORCL) (streaming research for ORCL available at http://investrend.stocksmart.com/ri/toc?tid=5252), Citigroup, Inc. (NYSE: C) (streaming research for Citigroup available at http://investrend.stocksmart.com/ri/toc?tid=7921), the SPDRS S&P [...continued]
Joe Duarte: 'Dude, You Owe Me' Calls Can Kill A Market Rally