Alimera Sciences’ Shares Boosted on FDA Priority Review for Iluvien
Alimera Sciences Inc. (NASDAQ: ALIM) is an Alpharetta, Georgia-based bioharmaceutical company specializing in the research, development and commercialization of prescription ophthalmic pharmaceuticals. Shares of the company soared Tuesday after U.S. regulators accepted the New Drug Application (NDA) for its lead candidate, Iluvien. In addition, the agency [...]
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One for your Portfolio: Hot Healthcare Stock under $10
Penny Stock Watchlist: LQMT Soars 26%
Shares of Liquidmetal Technologies Inc. (PINK: LQMT) soared nearly 26% to $0.65 in today’s late-day trading, moving on continued momentum from its recent licensing agreement with Apple (NASDAQ: AAPL) for the use of its liquidmetal technology.
While the financial details of the agreement have not been divulged, it is expected to be worth more than $11 [...]
Hot Oil and Gas Stock Inks $140M Joint-venture Agreement
Rex Energy Corporation (NASDAQ: REXX) is a State College, Pennsylvania-based independent oil and gas company. The company operates in the Appalachian Basin and the Illinois Basin. The company focuses on the Marcellus Shale drilling projects in the Appalachian Basin.
On Tuesday, Rex Energy announced that it entered into a joint venture agreement with Summit Discovery Resources [...]
Saks (SKS) Rumored to be in Play – Any truth to it?
By Michael Bogan
Shares of Saks Inc. (NYSE: SKS) soared Tuesday on a speculative rumor or leak—intentional or not—that the luxury retailer is under scrutiny for takeover by a group of U.S. and U.K. private equity firms.
The Daily Mail reported that unnamed sources told the U.K.’s No. 2 paper that a consortium of private equity firm [...]
Penny Stock Highlight: DGMA Drops 18% Despite $32 Million Revenue Expectation
Degama Software Solutions (PINK: DGMA) is a Toronto, Ontario-based leading edge technology company engaged in marketing and building applications that make sharing information simpler and more enjoyable for users. The company seeks to take advantage of increasing penetration of mobile devices.
The company has a geolocation application or app called VascoNow™, which assists users in communicating, [...]
Apple Drives Tech Gadget Market with New Introductions
At its annual media event in September, Apple Inc. (NASDAQ: AAPL) is expected to unveil new generation iPods and new TV set-top box. The set-top box is likely to be priced at $99. Apple is also working on an iTunes feature that would have the feature to rent out shows from various channels such as Fox [...]
Top Tech Stock ENER Spikes 13% on Q4 and Year-End Financials
Energy Conversion Devices Inc. (NASDAQ: ENER), today, announced its fourth-quarter and fiscal 2010 financial results.
The company reported total consolidated revenue of $86.2 million for the fourth quarter of fiscal 2010. For the same period in the previous fiscal year, the company reported consolidated revenues of $51.4 million. The company’s solar product and system sales for [...]
Hot Penny Stock Highlight; IMGG Spikes 21% Mid-day
Imaging3 Inc. (OTC: IMGG) is a Burbank, California-based producer and seller of medical equipment, parts and services to hospitals, surgery centers, research labs, physician offices and veterinarians. The company is the largest remanufacturer of C-arms in the world. The company is also the largest distributor of C-arm tables in the U.S.
Imaging3 has also built a [...]
Penny Stock Infrared Tanks 36% after Killer Monday Rally
The penny stock of Infrared Systems International (OTC: IFRS) saw a spectacular rally on Monday. The penny stock touched an intra-day high of $0.04. It closed an impressive 1,592.31% higher at $0.0220, with volume up from daily average of 8,000 to 23.20 million. Shares of Infrared sank 35.65% this morning.
The huge surge in the penny [...]
Hot Stock Watch – Netflix: Oh No, Here Comes Google
It was Black Monday yesterday for Netflix (Nasdaq: NFLX) investors. But the stock hasn’t reflected the devastating news, yet. Oh, just give it time.
According to the Financial Times, Google (Nasdaq: GOOG) is sniffing around Hollywood to make a deal that could catapult the Internet superpower into the retail movie business. Google [...]

