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Thursday March 18, 2010
DrStockPick.com Stock Report!
Power3 Medical Products, Inc. (OTCBB:PWRM) is a leader in bio-medical research and the commercialization of neurodegenerative disease and cancer biomarkers, pathways, and mechanisms of diseases through the development of diagnostic tests and drug targets. Power3�s patent-pending technologies are being used to develop screening and diagnostic tests for the early detection and prognosis of disease, identify protein biomarkers, and drug targets, and its diagnostic tests are targeted toward markets with critical unmet needs in areas including neurodegenerative disease (NuroPro) and breast cancer (BC-SeraPro). Power3 continues to evolve and enhance its IP portfolio, employing sensitive and specific combinations of biomarkers it has discovered from a broad range of diseases as the basis of highly selective blood-based tests for ALS, Alzheimer�s, and Parkinson�s diseases, breast cancer, and drug resistance. The Company has signed a definitive agreement to acquire all of the stock of StemTroniX Inc., a Texas corporation (�StemTroniX�). Power3 plans to effectuate the acquisition of StemTroniX by merging a wholly-owned subsidiary of the Company with and into StemTroniX. StemTroniX will remain as the surviving company in the merger and will become a wholly-owned subsidiary of Power3. The acquisition of StemTroniX is expected to be completed in April 2010.
Mechel OAO (NYSE:MTL), one of the leading Russian mining and metals companies, announces that according to the report released by Prommetiz, Russian association of hardware producers, in January and February 2010, Mechel’s steel division plants retain their leading position among Russian hardware producers which are the members of the association. The plants became leaders in the sphere in the end of 2009.
Coleman Cable, Inc. (Nasdaq:CCIX) (”Coleman Cable”), a leading manufacturer and innovator of electrical and electronic wire and cable products, announced today that it is planning to offer an additional $40 million aggregate principal amount of its 9% senior notes due 2018 (the “Additional Notes”). The Additional Notes will be issued under an indenture, pursuant to which, on February 3, 2010, Coleman Cable issued $235 million 9% senior notes due 2018. Coleman Cable intends to use the net proceeds from this offering for repayment of debt and general corporate purposes, including potential acquisitions.
Energy XXI (Bermuda) Limited (Nasdaq:EXXI) (AIM:EXXI) today announced Chairman and CEO John Schiller will participate at Howard Weil’s 38th annual Energy Conference in New Orleans, March 21-25, 2010.
B.O.S. Better Online Solutions Ltd. (the “Company”, “BOS”) (Nasdaq:BOSC), a leading provider of RFID and supply chain solutions to global enterprises, today reported its financial results for the fourth quarter and fiscal year ended December 31, 2009 and a forecast for operating profit in year 2010.
Trico Marine Services, Inc. (Nasdaq:TRMA) (the “Company” or “Trico”) today announced new contract awards of approximately $40 million in value. All of the contracts were with Trico Marine Group’s subsea services company, DeepOcean AS, or its subsea protection company, CTC Marine.
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