Drill results at Blueberry reveal similar characteristics to Flatrock blockbuster Oil and gas explorer and developer McMoRan Exploration Co. (NYSE: MMR) recently said drill results from its Blueberry Hill tested positive for a potential major natural gas discovery. The deep gas exploratory sidetrack well located on Louisiana State Lease 340 was drilled to a true [...]

Company expects revenue of $13M and EBITDA of $6.7M excluding special items The provider of health IT solutions Merge Healthcare (Nasdaq: MRGE) recently announced its unaudited results for the second quarter ended June 30, 2009. The Milwaukee, Wis.-based company said in a news release the preliminary results for the quarter were made public for the [...]

Company said customers delayed purchases into third quarter The developer and maker of medical robotics Hansen Medical Inc. (Nasdaq: HNSN) recently announced preliminary second-quarter revenue revealing a significant plunge below Wall Street’s estimates, citing pullbacks in customer purchase commitments during the deepening global recession, Reuters reported. The Mountain View, Calif.-based company said some customers required [...]

NovaBay’s New Compound to Treat Viral Conjunctivitis Swiss-based Alcon Inc. (NYSE: ACL) and partner NovaBay Pharmaceuticals (NYSE-AMEX: NBY) of Emeryville, Calif., jointly announced Alcon has begun the phase II clinical trial of NovaBay’s patented lead Aganocide compound, NVC-422, to treat viral conjunctivitis, commonly referred to as “pink eye” or “Madras eye.”  Conjunctivitis is a common [...]

Target Agreement is the Third Following Deals with Best Buy and Wal-Mart ZAGG Inc. (OTCBB: ZAGG), maker of specialty electronic accessories, recently announced it has entered into a distribution agreement with Target Corp. (NYSE: TGT) to provide the retailing giant ZAGG’s latest product, invisibleSHIELD(TM), according to TMCNet. Salt Lake City, Utah-based ZAGG manufactures protective clear [...]

Company Moves Aggressively into Worldwide Growth Industry of Life Sciences TechTeam Global Inc. (Nasdaq: TEAM), a worldwide leader and provider of information technology outsourcing and business process outsourcing service, recently announced the launch of its new business unit, Global Life Sciences Business Unit. In a news release to investors, the company said the formation of [...]

Federal judge says company should give 17 tons of shipwreck treasure back to Spain; Odyssey announces plans to file a written objection to the U.S. Federal Court Magistrate’s recommendation Odyssey Marine Exploration Inc. (Nasdaq: OMEX) saw its shares nearly halved last week after a federal judge ruled the Florida-based deep-sea explorers should give the 17 [...]

Analyst report shows a vast amount of carbonates resources on Tamm Oil & Gas’ Manning Project in Peace River, Alberta; findings suggest untapped reserves. Emerging junior oil and gas exploration and development company Tamm Oil and Gas (OTCBB: TAMO) recently announced that a four-star research analyst recently released an updated report regarding the company’s Manning [...]

Company debt reduced to $4.194 million in 2009; CEO says strategy for 2009 in place Umbilical cord blood stem cell preservation company Cord Blood America Inc. (OTCBB: CBAI), on its path to being able to operate on its cash flow, recently reported it has reduced its secured debt by a total of $4.194 million in [...]

Company enjoying strong product awareness momentum and investor approval following $15 million sales surge in May SpongeTech Delivery Systems Inc. (OTCBB: SPNG) announced early Friday morning its receipt of an initial order from wholesale giant Costco. The Costco order for the company’s car care products represents a milestone in its efforts to achieve widespread customer [...]