CRWENewswire, Stocks to Watch. GenVec Inc - GNVC - reported that it has extended its Research Collaboration and License Agreement with Novartis. Under the extension, Novartis will fund research at GenVec through January 2013 to support its hearing loss and balance disorders program.
CRWENewswire, Stocks to Watch. Micronetics Inc - NOIZ - reported that it has been awarded a contract, valued at approximately $2.0 million, from a leading U.S. Department of Defense prime contractor
On its first quarter fiscal 2012, Datawatch Corporation - symbol DWCH - posted total revenue of $6.27 million, a 50% increase year over year, and Net income of $603,000 compared to $229,000 in the same period the prior year
On its second quarter fiscal 2012, Emulex Corp - ELX - posted net revenues of $128.7 million, an increase of 13% year-over-year and 9% sequentially. Wesco Aircraft Holdings Inc - WAIR - reported results for its first quarter fiscal 2012, posting record revenue of $192.6 million, an 11% increase compared to the same period the prior year.
RealNetworks Inc - RNWK - reported that it has signed an agreement to sell a significant number of its patents and its next generation video codec software to Intel Corporation for a purchase price of $120 million.
On its fourth quarter fiscal 2011, United Rentals Inc - URI -, posted total revenues of $746 million compared with $597 million in the same period the prior year. Republic Airways Holdings Inc - RJET - has raised its guidance for year over year unit revenue increases on its Frontier Airlines branded operations for the Fourth Quarter of 2011
According to reports, Roche Holding AG has offered to buy Illumina Inc - ILMN - for $44.50 per share in cash, or for a total amount of about $5.7 billion.
Apple Inc - AAPL - reported financial results for its first quarter fiscal 2012, posting record quarterly revenue of $46.33 billion and record quarterly net profit of $13.06 billion
BioLineRx Ltd -BLRX - reported that it has signed a worldwide, exclusive license agreement with Genoscience, to develop and commercialize BL-8020, an orally available treatment for Hepatitis C. On its Fourth quarter fiscal 2011, Polycom Inc - PLCM - posted record consolidated net revenues of $407 million, compared to $340 million in the same period the prior year.
On its fourth quarter fiscal 2011, The Bancorp Inc - TBBK - posted net income of $3.3 million, a 61% increase year over year while its net income For the fiscal year 2011 increased 71% to $8.9 million compared to the prior year.
Cell Therapeutics Inc - CTIC - Expects That the European Medicines Agency’s Committee for Medicinal Products for Human Use May Issue an Opinion on the Marketing Authorization Application on Pixuvri in Mid-February.
Medgenics Inc - MDGN - reported that it has received notice of ‘Intention to Grant’ from the European Patent Office for the patent application entitled “USE OF DERMAL MICRO ORGANS,” with allowed claims covering a core element of its Biopump protein therapy technology
Insmed Inc - INSM - reported that the FDA has lifted the clinical hold previously placed on ARIKACE (liposomal amikacin for inhalation) in patients with non-tuberculous mycobacteria lung disease.
On its fourth-quarter fiscal 2011, International Business Machines - IBM - posted GAAP net income of $5.5 billion, a 4% increase year over year, and GAAP diluted earnings per share of $4.62, an 11% increase compared to the same period the prior year.
Motricity Inc. - MOTR - reported that it has taken significant steps to reorganize the company in order to capitalize on changing customer and market conditions.
Kosmos Energy Limited - KOS - reported that the Ntomme-2A appraisal well, located in the Deepwater Tano Block offshore Ghana, has successfully encountered significant quantities of light oil.
Net 1 UEPS Technologies Inc - UEPS - reported that its wholly owned subsidiary, Cash Paymaster Services Ltd has received a Letter of Award from the South African Social Security Agency for the provision of payment services for social grants in all of South Africa’s nine provinces for a period of five years
Rex Energy Corp - REXX - reported that it Increased 2011 proved reserves 82% over 2010 to 366.2 Bcfe, while its average daily production increased 92% over 2010.
Ku6 Media Co. Ltd - KUTV - reported that it has entered into a definitive agreement with YouTube, which would allow Ku6’s international users to view original videos from China through a new channel operated by YouTube.
The Blackstone Group - BX - reported that funds managed by the company are forming a partnership with PQ Energy to acquire or to develop power generation facilities throughout Europe.
Sterling Construction Company Inc - STRL - reported that Ralph L. Wadsworth in conjunction with J. Banicki Construction Incorporated, its recently acquired Arizona-based subsidiary, was apparent low bidder on the $71 million Gateway Freeway State Route 24 project in Mesa, Arizona.
Eastman Kodak Co. - EK - reported that it has filed a lawsuit against Fujifilm Corporation, alleging infringement of certain patents related to Kodak digital imaging technology.
According to reports, Westlake Chemical has disclosed an unsolicited offer to acquire Georgia Gulf Corp -GGC - for about $1.03 billion or $30 per share in cash. Synutra International Inc - SYUT - reported that the People’s Government of Duchang County in Jiangxi Province in China concluded after product testing that the Company’s infant formula products are compliant with all government safety standards.
PAR Technology Corp - PAR - reported that it has completed the asset sale of its subsidiary, PAR Logistics Management Systems to ORBCOMM, for a total selling price valued at approximately $6M, comprised of cash and ORBCOMM common stock plus with a potential additional earn-out of $4M.
The Board of Directors of Crown Equity Holdings Inc - CRWE - has adopted a resolution to a dividend consisting of one common share of its subsidiary Crown Tele Services Inc. for every 100 shares of Crown Equity Holdings’ common shares.
On its third quarter fiscal 2012 results, 99-Cent Only Stores - symbol NDN - posted total sales of $403.9 million, a 10.6% increase year over year. ITT Exelis - symbol XLS - reported that it has been awarded a $1.9 million Naval Sea Systems Command contract to design and deliver an improved airborne mine countermeasure common tow cable.
Eastman Kodak Co - EK - reported that it has filed lawsuits against Apple Incand HTC Corp, alleging the infringement of certain Kodak patents relating to digital imaging technology. Spherix Inc - SPEX - announced the Successful Completion of its 28-day rat Toxicology Study of its SPX-106. According to the company, this study, in conjunction with earlier efficacy studies, continues to support SPX-106 as a component of a combination therapy for dyslipidemia. and lastly; Ultra Clean Holdings Inc - UCTT - has raised its previously issued guidance for the Q4 2011. The Company now expects revenue of approximately $85M to $86M, an increase from guidance of $75M to $80M issued on October 24, 2011.
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Crocs Inc - CROX - reported that it expects annual revenue to surpass $1 billion for the year ended December 31, 2011, compared with $790 million in the same period the prior year. Mattress Firm Holding Corp - MFRM - is raising its net revenue and comparable-store sales guidance for fiscal 2011 ending January 31, 2012
Arena Pharmaceuticals Inc - ARNA - and Eisai Inc. reported that the FDA has accepted for filing and review Arena’s resubmission of the New Drug Application for lorcaserin. For the fourth quarter of fiscal 2011, Lululemon Athletica Inc - LULU - now expects diluted earnings per share to be in the range of $0.47 to $0.49 as compared to its previous guidance range for diluted earnings per share of $0.40 to $0.42
Emulex Corp - ELX - reported preliminary results for its Q2 2012, with Highlights including net revenues of $127-$128M exceeding the high end of guidance of $121-$127M and GAAP diluted earnings per share of $0.15-$0.16 compared to a GAAP loss per share of $0.08 in the first quarter of 2012
According to a definitive agreement between the companies, Bristol-Myers Squibb will acquire Inhibitex Inc - INHX - for $26.00 per share in cash pursuant to a cash tender offer and second step merger.
Aegerion Pharmaceuticals Incorporated - AEGR - provided a clinical update on its lomitapide. Aegerion reported that the 78-week data from its pivotal Phase III clinical trial is consistent with data previously reported at the 26- and 56-week time points
On its first quarter fiscal 2012, The Greenbrier Companies - GBX - posted Revenue of $398.2 million, double the Revenue realized in the same period the prior year, and net earnings attributable to the company for the quarter were $14.5 million, compared to a net loss of $2.3 million in the prior year’s first quarter.
BioDelivery Sciences International Inc - BDSI - reported the signing of a worldwide license and development agreement with Endo Pharmaceuticals for the exclusive rights to develop and commercialize BEMA Buprenorphine for the treatment of chronic pain. In aggregate, the agreement is worth up to $180 million to BioDelivery Sciences if all milestones are met.
Dejour Energy Inc - DEJ - reported that the vertical test well drilled at the South Rangely was successfully completed. According to the company, the results of this vertical test have confirmed a trapped hydrocarbon presence in commercial quantities
A123 Systems Inc - AONE - reported that it will supply complete lithium ion battery packs to VIA Motors, an electric vehicle company building next-generation electrified trucks, vans and SUVs.
FSI International Inc - FSII - reported that a leading device producer has placed orders for multiple ANTARES CryoKinetic Cleaning Systems, further broadening the platform’s installed base
LCA-Vision Inc - LCAV - a leading provider of laser vision correction services under the LasikPlus brand, reported a 30% Increase in Fourth Quarter 2011 Procedures compared with the same period the prior year
On its second quarter fiscal 2011, Team Incorporated - symbol TISI - posted revenues of $158.3 million, a 19% increase year over year and the company is raising its full year adjusted earnings guidance
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Welcome to CRWENewswire, Stocks to Watch. I am Shalika Jayasekera. Pfizer Inc - PFE - reported that the FDA has granted approval of the Company’s pneumococcal conjugate vaccine Prevnar 13 for the Prevention of Pneumococcal Pneumonia and Invasive Disease in Adults 50 Years and Older.
Tegal Corp - TGAL - reported that it has awarded patents to multiple bidders for three of the four bid lots of Tegal’s NLD Patent Portfolio recently offered for sale for an aggregate consideration of approximately $4M
According to a patent purchase agreement between the companies, Invensas Corp has purchased 73 memory technology patents from MoSys Inc - MOSY - for $35 million in cash. MoSys retained a royalty-free license to the patents to cover its Bandwidth Engine product line and technology partners, along with related rights to offer sublicenses to current and future partners
JA Solar Holdings Co. Ltd - JASO - reported that it has entered into an agreement with Solarhybrid AG, to supply 19 MW of solar modules to Solarhybrid’s Allstedt I solar power plant in Halle, Germany.
Welcome to CRWENewswire, Stocks to Watch for Thursday Dec. 29, 2011. I am Shalika Jayasekera. ORBCOMM Inc - ORBC - and Space Exploration Technologies reported the launch schedule for ORBCOMM’s second generation satellites.
Arctic Cat Inc - ACAT - reported Cash Buyback of 6.1 Million Class B Shares from Suzuki Motor Corp. Arctic Cat expects to end its fiscal 2012 with more than $60 million in cash and no debt, following Suzuki share purchase
Mylan Inc - MYL - reported that its subsidiary Mylan Pharmaceuticals Inc. has received final approval from the FDA for its Abbreviated New Drug Application for Eprosartan Mesylate Tablets, 400 mg (base) and 600 mg (base), which are used to treat hypertension.
On its second quarter Fiscal 2012 Results, Cal-Maine Foods Inc - CALM - posted net sales of $290.4 million, a 23.8% increase year over year, and net income of $23.3 million, a 53.28% increase compared to the same period the prior year.
Welcome to CRWENewswire, Stocks to Watch. I’m Christina Collins. Fuel Tech Inc - FTEK - recently reported receipt of multiple air pollution control orders totaling $10.5 million