DrStockPick.com Stock Report!
Wednesday�August 5, 2009
Enfora, a provider of intelligent wireless networking solutions, today announced that the Spider(R) AT Asset Tag has been certified by AT&T (NYSE: ATT) for use on its wireless network. Certification is intended to ensure customers an optimal experience when using the Spider AT across the AT&T network.
Misonix, Inc. (Nasdaq: MSON), a developer of minimally invasive ultrasonic medical device technology, which in Europe is used for the ablation of tumors and worldwide for other acute health conditions, today announced the sale of its Labcaire subsidiary to PuriCore International Limited (”PuriCore”) for a total purchase price of up to $5.6 million. Misonix received $3,600,000 at closing and a promissory note in the principal amount of $1,000,000, payable in equal installments of $250,000 on the next four anniversaries of the closing. Misonix will also receive a commission paid on sales for the period commencing on the date of closing and ending on December 31, 2013 of 8% of the pass through Automated Endoscope Reprocessing (”AER”) and Drying Cabinet products, and 5% of license fees from any chemical licenses marketed by Labcaire directly associated with sales of AER’s, specifically for the disinfection of the endoscope. The aggregate commission payable to Misonix is subject to a maximum payment of $1,000,000.
Inovio Biomedical Corporation (NYSE Amex: INO), a leader in DNA vaccine design, development and delivery, announced today new data representing what Inovio believes to be the first demonstration of a significantly increased and persistent level of antibody response generat! ed by a DNA vaccine delivered using electroporation.
Baker Hughes Incorporated (NYSE: BHI) today announced that net income for the second quarter 2009 was $87 million or $0.28 per diluted share compared to $379 million or $1.23 per diluted share for the second quarter 2008 and $195 million or $0.63 per diluted share for the first quarter 2009. Net income for the second quarter 2009 includes expenses of $54 million before tax ($0.13 per share) comprised of $16 million ($0.04 per share) associated with employee severance and reorganization costs and $38 million ($0.09 per share) associated with increasing our allowance for doubtful accounts.
Dongwoon Anatech, a fast growing analog semiconductor provider, today announced it has selected Tower Semiconductor, Ltd. (Nasdaq: TSEM), a leading global specialty foundry, as its sole manufacturing partner for high volume, energy saving LED lighting devices used in both home and industrial applications. Tower was chosen for its 20V to 60V scalable LDMOS power management process technology which provides design optimization and the lowest die size at any given breakdown voltage. Due to the high market demand for LED drivers, Dongwoon Anatech is expanding from Korea to China, U.S., and Japan markets, introducing four new devices this year.
Today, Logitech (NASDAQ:LOGI) introduced two options to help you make a big impact during your next presentation — the Logitech(R) Professional Presenter R800 and the Logitech(R) Wireless Presenter R400. With laser pointing, wireless convenience and intuitive slideshow controls that can be found by touch, Logitech’s new presenters give you the confidence to move freely around the room, so that you can focus on delivering a more effective and powerful presentation.
Source: E-Gate System from Alphatrade.com
No comments:
Post a Comment