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Adeona Pharmaceuticals Inc ( AEN ) |
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Healthcare
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Written by Editor
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Wednesday, 23 June 2010 09:05 |
Adeona Announces HartLab Expansion Into Microbiology Testing Services
Adeona Pharmaceuticals, Inc. (Amex: AEN) announced that its wholly-owned CLIA-certified clinical testing subsidiary, HartLab, has expanded its in-house diagnostic testing services to include a full array of microbiology testing. Adeona believes that that this expansion of services will be accretive to HartLab's revenues in the current quarter and beyond and is consistent with Adeona's plans to continue to build the revenues of its HartLab subsidiary.
Microbiology testing includes a broad array of tests for the identification and sensitivity testing of the causative agents of infectious diseases followed by prompt, accurate reporting of results. HartLab has the ability to develop and implement new culture techniques, immunoassays, and molecular methods for rapid detection and identification of common as well as unusual microbial pathogens. Serologic testing is also available for confirmation of infections by demonstrating the presence of specific antibody responses.
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Gyrodyne Company of America Inc ( GYRO ) |
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Real Estate
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Written by Editor
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Thursday, 01 July 2010 10:47 |
Court of Claims Issues Favorable Opinion in Condemnation Litigation
Gyrodyne Company of America, Inc. (Nasdaq: GYRO), a Long Island-based real estate investment trust, announced today that the Court of Claims of the State of New York issued an opinion requiring the State to pay to Gyrodyne an additional $98,685,000 for land appropriated in 2005. Under New York's eminent domain law (the "EDPL"), Gyrodyne is also entitled, subject to EDPL Section 514, to statutory simple interest on the additional amount at a rate not to exceed nine percent (9%) per annum from November 2, 2005, the date of the taking, to the date of payment.
The opinion was issued in connection with Gyrodyne's claim brought in April 2006 for just compensation for the 245.5 acres of its Flowerfield property in St. James and Stony Brook, New York (the "Property"), taken by the State. The State had paid Gyrodyne $26,315,000 for the Property at the time of the taking, which Gyrodyne elected, under the eminent domain law, to treat as an advance payment while it pursued its claim.
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Sun Bancorp Inc ( SNBC ) |
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Financial
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Written by Editor
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Thursday, 08 July 2010 09:18 |
Sun Bancorp Announces $100 Million Equity Investment
Sun Bancorp, Inc. (Nasdaq: SNBC) today announced the signing of definitive investment agreements with private equity funds affiliated with WL Ross & Co. LLC , the Bank's founding Brown Family shareholders, and others, to invest $100 million in the aggregate in shares of the Company's common stock and newly authorized preferred stock that is mandatorily convertible into common stock upon the receipt of shareholder approval, all as part of the Company's strategic growth plan. The shares to be purchased by WL Ross will represent 24.9% of the Company's outstanding common stock, pro forma for the closing and assuming the conversion of the convertible preferred stock. The investment was made at $4.00 per share.
The additional equity capital will be used by Sun National Bank to strengthen and expand current operations as well as to pursue growth opportunities throughout the state of New Jersey
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Broadwind Energy Inc ( BWEN ) |
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Energy
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Written by Editor
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Tuesday, 06 July 2010 08:08 |
Gamesa Selects Towers from Broadwind Energy for U.S. Wind Projects
Gamesa Technology Corp., a wholly owned U.S. subsidiary of Gamesa Corporación Tecnológica, a global manufacturer of wind turbine generators with headquarters in Spain and operations in the U.S., Europe, China and India has selected Tower Tech, Inc., a subsidiary of Broadwind Energy, Inc. (NASDAQ: BWEN), to supply structural wind towers for wind sites in the United States for installation in the second half of 2010.
Jim Buddelmeyer, vice president of purchasing at Gamesa stated, “Proven experience, flexibility and well-established competencies were key elements in our decision to select Broadwind’s Tower Tech subsidiary to construct our next-generation towers for these projects.”
“Tower Tech specializes in the production of heavier and more complex wind towers, with which turbine manufactures like Gamesa seek to expand the geographic footprint of wind power,” said Jess Collins, group president at Broadwind Energy. “We are delighted to extend our long, successful supply relationship with Gamesa through this project.”
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Green Stocks; Company Profile for Alternative Energy Automotive Company EVCARCO (OTC.BB: EVCA) |
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Transportation
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Written by sandihop
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Tuesday, 20 July 2010 19:27 |
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July 21, 2010 (Investorideas.com renewable energy/green newswire) Investorideas.com and its green investor portals report the company profile for green automotive stock EVCARCO (OTC.BB: EVCA) is now available to cleantech investors.
Showcase Green Stock:
EVCARCO (OTC.BB: EVCA) (www.evcarco.com) is the first automotive retail group dedicated to deploying a coast-to-coast network of eco-friendly dealerships and vehicles. EVCARCO is bringing to market the most advanced clean technologies available in plug-in electric, hydrogen fuel injection, and alternative fuel vehicles. EVCARCO has developed a dealer network allowing growth into most US States by 2012. |
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