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Recovery mixed on strong earnings, weak home sales

July 22, 2010 9:45 am | by ALAN ZIBEL - AP Business Writers - Associated Press | Comments

A flurry of strong earnings reports renewed Wall Street's optimism in the economic recovery, even as new data Thursday showed homes sales sinking and claims for unemployment benefits rising.Sales of previously occupied homes fell 5.1 percent in June to a seasonally adjusted annual rate of 5.37...

Oil prices rise on stormy forecast for Gulf

July 22, 2010 8:45 am | by SANDY SHORE - AP Business Writer - Associated Press | Comments

Oil prices advanced Thursday as energy producers kept an eye on a developing tropical storm that could move into the Gulf of Mexico by the weekend.At the gas pump, prices were unchanged at a national average of $2.718 for a gallon of unleaded regular gasoline, according to AAA, Wright Express and...

Golden Meditech Announces Annual Results for FY 2009/10

July 22, 2010 8:34 am | by Bio-Medicine.Org | Comments

HONG KONG , July 22 /PRNewswire-Asia-FirstCall/ -- China's leading integrated medical enterprise Golden Meditech Holdings Limited ("Golden Meditech" or the "Group," HKEx: 801) is pleased to announce its annual results for the year ended 31 March 2010 . During the reporting period, total...

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Huifeng Bio-Pharmaceutical Technology Announces a New Spain Order

July 22, 2010 8:34 am | by Bio-Medicine.Org | Comments

XI'AN, China , July 22 /PRNewswire-Asia-FirstCall/ -- Huifeng Bio-Pharmaceutical Technology, Inc. (OTC Bulletin Board: HFGB), specializing in developing and producing botanical extracts and other raw materials for pharmaceuticals and food additives, today announced the receipt of its...

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CardioGenics Holdings Inc. Receives New Ticker Symbol

July 22, 2010 8:33 am | by Bio-Medicine.Org | Comments

MISSISSAUGA, Ontario , July 22 /- CardioGenics Holdings Inc. (OTC Bulletin Board: CGNH), developer of the ultra-sensitive QL Care™ Point-Of-Care (POC) analyzer and products for the immunoassay segment of the In-Vitro Diagnostics market, announced that the Company's ticker symbol has...

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Sysmex America and Medica Corporation Announce Distribution Partnership

July 22, 2010 8:33 am | by Bio-Medicine.Org | Comments

MUNDELEIN, Ill. , July 22 /- Sysmex America, Inc., a leading developer and manufacturer of medical diagnostic instrumentation and information systems, today announced a partnership agreement with Medica Corporation for the exclusive distribution of the EasyCell® assistant to...

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US earnings, European growth hopes lift stocks

July 22, 2010 6:45 am | by PAN PYLAS - AP Business Writer - Associated Press | Comments

World stock markets brushed aside a downbeat assessment of the U.S. outlook from Federal Reserve chairman Ben Bernanke and posted solid gains Thursday on the back of strong economic and corporate news.In Europe, the FTSE 100 index of leading British shares was up 67.31 points, or 1.3 percent,...

Birmingham selects Health Portal to deliver on NHS White Paper data sharing imperatives

July 22, 2010 6:37 am | by RealWire | Comments

Dotted Eyes Health Portal enables Birmingham Health and Wellbeing Partnership to more cost effectively share data with GPs and across all partnerships to deliver on new healthcare reformsBirmingham, England, 22 July 2010 - Dotted Eyes, data and information specialists to the UK public...

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Startup Euthymics lands in Cambridge with $24M funding

July 22, 2010 6:37 am | by Mass High Tech: The Journal of New England Technology | Comments

A merger and a $24 million Series A funding has landed life sciences startup Euthymics Bioscience Inc. in Cambridge.

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Novelos nabs $1.5M through private equities sale

July 22, 2010 6:34 am | by Mass High Tech: The Journal of New England Technology | Comments

Novelos Therapeutics Inc. reports it has raised $1.5 million through a private placement of stock and warrants to fund the company through the second quarter of 2011, and move its breast cancer and hepatitis drug candidates forward.

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European growth hopes lift stocks

July 22, 2010 5:45 am | by PAN PYLAS - AP Business Writer - Associated Press | Comments

World stock markets brushed aside a downbeat assessment of the U.S. outlook from Federal Reserve chairman Ben Bernanke and posted solid gains Thursday on the back of strong economic and corporate news.In Europe, the FTSE 100 index of leading British shares was up 50.76 points, or 1 percent, at...

3M raises full-year forecast after 2Q profit jumps

July 22, 2010 4:45 am | by JOSHUA FREED - AP Business Writer - Associated Press | Comments

3M Co., which makes everything from Post-its to films for flat-screen TVs, said it's optimistic about the pace of the global economic recovery and raised its full-year outlook on Thursday, while reporting stronger second-quarter profit.3M is considered an economic bellwether because of its...

Intuitive Surgical 2Q net income rises 42 percent

July 21, 2010 2:45 pm | by The Associated Press | Comments

Intuitive Surgical Inc. on Wednesday said its second-quarter net income rose 42 percent on better sales of its minimally invasive surgical platform, da Vinci.Net income increased to $88.7 million, or $2.19 per share, from $62.4 million, or $1.62 per share, in the same period a year earlier....

Students design early labor detector to prevent premature births

July 21, 2010 2:33 pm | by EurekAlert | Comments

(Johns Hopkins University) A team of graduate students and their faculty adviser have invented a system to pick up very early signs that a woman is going into labor too soon.

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Edwards Lifesciences 2Q net income rose 21 percent

July 21, 2010 1:45 pm | by The Associated Press | Comments

Heart device maker Edwards Lifesciences Corp. said Wednesday its second-quarter net income rose 21 percent as it sold more heart valves at better profit margins.Edwards said it had net income of $57.5 million, or 48 cents per share, up from $47.5 million, or 41 cents per share, a year earlier....

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