Month: September 2011

Enzon Pharmaceuticals ( ENZN ) recently announced that it will reduce its workforce by almost half to better align its resources with much tempered pipeline activities. The research and development pipeline at Enzon was reduced drastically in the last few months. During the second quarter, Enzon announced that it will no longer develop three messenger ribonucleic acid (mRNA) antagonists utilizing the LNA technology and returned the rights to Santaris […]

3M Food Safety, a division of 3M Company ( MMM ), introduced a new test for Lactic Acid Bacteria, called the Aerobic Procedure. In this test, a special combination of the 3MTM Petrifilm TM Aerobic Count Plate, a pH indicator and MRS (deMan, Rogosa and Sharpe) media is mixed with food and environmental samples to count the presence of lactic acid bacteria. […]

Last week, Wells Fargo & Company ( WFC ) announced to finance for the operation of 53.5 megawatt (MW) photovoltaic solar power project of Sun Edison in New Mexico. The project includes five solar power plants, while three plants will be activated in the installation phase. The remaining two plants are anticipated to be in operation before the end of 2011 […]

Leading medical devices maker Smith & Nephew ( SNN ) strengthened its portfolio with the launch of Truclear Sim Morcellation Simulator. The device, showcased at a conference in London, during September 21-24, is intended for training gynecologists who perform hysteroscopic morcellation, a procedure to remove intrauterine polyps and fibroids. It is estimated that more than 1 million women in 2011 will require treatment for abnormal uterine bleeding […]

Global power technologies company, American Superconductor Corporation ( AMSC ) has reported losses for fiscal year 2010 ended March 31, 2011, and the first quarter of fiscal year 2011 ended June 30, 2011. The company's fiscal 2010 results include previously announced restatements of results for the second and third quarters of fiscal 2010. The company has filed its Annual Report on Form 10-K for the year ended March 31, 2011 and its Quarterly Report on Form 10-Q for the quarter ended June 30, 2011 with the Securities and Exchange Commission and, as a result, the company expects to regain compliance with NASDAQ Listing Rules. […]

Health Management Associates ( HMA ), a leading operator of general acute care hospitals, recently revealed that 35 of its hospitals were selected as Top Performers on Key Quality Measures. This is as per a report issued by The Joint Commission, which is a prominent accreditor of health care bodies. The Health Management institutions were honored by The Joint Commission using data from evidence-based clinical procedures demonstrating enhanced care for health problems such as pneumonia and heart attack […]

Nordstrom Inc. ( JWN ), a leading fashion specialty retailer, announced the opening of a new 144,000 square feet store in St. Louis at Saint Louis Galleria […]