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  • OCN, PWRM, BGP, DEXO - Ocwen Financial, Power3 Medical Products, Borders Group, Dex One 0 comments
    Nov 10, 2010 4:06 PM | about stocks: OCN

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    Power3 Medical Products, Inc. (OTC:PWRM)

    PWRM has filed several patent applications that are currently pending for its NuroPro technology. PWRM also has a world-wide exclusive license from the Baylor College of Medicine in Houston, Texas. To date, PWRM has given 9 presentations on NuroPro at international scientific meetings in the United States, Europe and China. PWRM has also published 6 articles on NuroPro in peer-reviewed scientific journals. PWRM intends to publish these latest findings as well.

    PWRM recently delivered four poster presentations at the 2010 ICAD. These presentations discussed PWRM’s diagnostic test, NuroPro, and focused on PWRM’s Alzheimer’s disease blood serum biomarkers, test and clinical validation trials.

    PWRM, a bio-technology company, engages in the development and marketing of diagnostic tests in the fields of cancer, and neurodegenerative and neuromuscular diseases in the United States. PWRM’s products include BC-SeraPro, a proteomic blood serum test for the early detection of breast cancer; and NuroPro, a serum test for the detection of neurodegenerative diseases, such as amyotrophic lateral sclerosis, Alzheimer’s disease, and Parkinson’s disease. PWRM’s products analyze proteins and their mutations to assess an individual’s risk for developing disease later in life or a patient’s likelihood of responding to a particular drug; assess a patient’s risk of disease progression and disease recurrence; and measure a patient’s exposure to drug therapy. PWRM was formerly known as Surgical Safety Products, Inc. and changed its name to Power3 Medical Products, Inc. in September 2003. PWRM was founded in 1992 and is based in The Woodlands, Texas.

    To learn more about PWRM visit: http://www.Power3Medical.com

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    Ocwen Financial Corp. (NYSE:OCN) reported a net loss of $8.8 million for the third quarter of 2010 compared to a net loss of $42.0 million for the third quarter of 2009. The loss in the third quarter of 2010 is attributable to one-time expenses including $33.9 million in transaction related charges for the HomEq acquisition and $20.1 million in charges for litigation primarily related to the Cartel judgment. The most significant item contributing to the reduction in the net loss between the third quarter of 2009 and the third quarter of 2010 is the absence of $56.5 million in one-time income tax expense recognized in the third quarter of 2009, most in connection with the separation of Altisource (f/k/a Ocwen Solutions). The majority of the remaining favorable variance is attributable to an increase in the size of Ocwen's Servicing segment where the total unpaid principal balance increased from $40.3 billion in the third quarter of 2009 to $76.1 billion in the third quarter of 2010, or 89%, and to lower servicing cost per loan. Net loss per diluted share was $.09 for the third quarter of 2010 compared to a loss of $0.51 for the third quarter of 2009.

    Ocwen Financial Corporation provides residential and commercial loans, special services, and asset management services. It principally offers loan servicing, special servicing, mortgage loan due diligence, and receivables management services.

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    Borders Group, Inc. (NYSE:BGP) once again demonstrating its support for teachers, announced on November 8, 2010 that more than 80,000 enriching book and music titles are now available for purchase on the National Teacher Registry (NTR). The nation's first and only free Wish List registry for educators, NTR enables teachers to create a Wish List of items they need and want for their classrooms. After a Wish List has been created, friends, family, parents and others can easily access the Wish List online, purchase items from the Wish List and have the items conveniently delivered to the teacher's classroom. Borders has loaded the Registry with a huge selection of fiction and non-fiction titles, CDs as well as educational workbooks, curriculum development books and inspirational narratives.

    Headquartered in Ann Arbor, Mich., through its subsidiaries, Borders Group, Inc. is a leading specialty retailer of books as well as other educational and entertainment items.

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    Dex One Corporation (NYSE:DEXO) unveiled its new mobile app, Dex – a local information resource for iPhone, iPod touch, Android, BlackBerry and web-enabled mobile devices. Dex provides consumers with real-time, detailed insight into millions of businesses, events and more in neighborhoods across the country.

    Dex One Corporation is a leading marketing solutions company that helps local businesses reach, win and keep ready-to-buy customers. The company’s highly-skilled, locally based marketing consultants offer a wide range of marketing products and services that help businesses get found more than 1.5 billion times each year by actively shopping consumers.

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    Stocks: OCN
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