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  • CAH, AVOT, PJC, PWRM, KWR - Stock Updates! from CRWEfinance.com 0 comments
    Jan 8, 2011 4:36 PM | about stocks: CAH, PJC, KWR

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    Cardinal Health, Inc. (NYSE:CAH) announced that George Barrett, chairman and chief executive officer, and Jeff Henderson, chief financial officer, will present at the 29th Annual J.P. Morgan Healthcare Conference on Jan. 11 at 2 p.m. PST at the Westin St. Francis Hotel in San Francisco. At the event, Barrett and Henderson will discuss the company's diverse products and services, company performance and strategies for continued growth. To access more details and a live webcast of this event, including remarks, go to the Investors page at cardinalhealth.com.


    Cardinal Health, Inc. provides health care products and services primarily in the United States. The company Healthcare Supply Chain Services segment distributes branded, private-label medical and laboratory, generic pharmaceutical, healthcare, and consumer products to retail customers, hospitals, and alternate care providers.

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    American Video Teleconferencing Corp. (OTCPK:AVOT)

    American Video Teleconferencing Corp. is pleased to announce that it is presently in final discussions to enter into a formal agreement to acquire an exclusive option on a molybdenum property in the Otter lake area in the province of Quebec, Canada. The property has been dormant since the 1960's when Hupon Mining and Exploration carried out surface work, stripping, trenching and a minor drill program of 445 feet contained in 11 drill holes. Some of the sample results from the trenching in 1962 showed 0.94% to 25% molybdenum averaging 5-10%. These values were obtained from assessment files in the Department of Mines in Quebec City.

    This property is only one of several advanced stage properties AVOT has under consideration in the province of Quebec.

    AVOT is aggressively carrying out searches world-wide for opportunities in Precious, Base and Rare Earths metal projects.

     

    Molybdenum

    There are significant molybdenum resources around the world. The leading producers are United States, Canada, China, Chile, Mexico, Peru, Russia and Mongolia. It is estimated that there are 12 million metric tons of molybdenum in the world. Other ore deposits may be discovered.

    The generic term “Stainless Steel” covers a large group of iron-base alloys that contain chromium. The term “stainless” implies a resistance to staining or rusting in air. Stainless steels contain at least 10.5% chromium, which promotes formation of a thin, chromium-enriched surface oxide. Without this minimum amount of chromium, iron-base alloys or steels corrode in moist air, forming the familiar red rust. While chromium content determines whether or not a steel is "stainless," molybdenum improves the corrosion resistance of all stainless steels

    Molybdenum is a metallic, silvery-white element which is very stable chemically but it will react with acids. The physical characteristic that makes molybdenum unique is that it has a very high melting point, 4,730 degrees Fahrenheit. This is 2,000 degrees higher than the melting point of steel. It is 1,000 degrees higher than the melting temperature of most rocks.

    Molybdenum is the 54th most abundant element in the Earth's crust and the 25th most abundant element in the oceans, with an average of 10 parts per billion; it is the 42nd most abundant element in the Universe.

    The ability of molybdenum to withstand extreme temperatures without significantly expanding or softening makes it useful in applications that involve intense heat, including the manufacture of aircraft parts, electrical contacts, industrial motors and filaments

    Most high-strength steel alloys (example 41xx steels) contain 0.25% to 8% molybdenum. Despite such small portions, more than 43,000 tonnes of molybdenum are used as an alloying agent each year in stainless steels, tool steels, cast irons and high-temperature superalloys

    Molybdenum is also used in steel alloys for its high corrosion resistance and weldability. Molybdenum contributes further corrosion resistance to "chrome-moly" type-300 stainless steels (high-chromium steels that are corrosion-resistant already due to their chromium content) and especially so in the so-called superaustenitic stainless steels (such as alloy AL-6XN). Molybdenum acts by increasing lattice strain, thus increasing the energy required to dissolve out iron atoms from the surface.

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    Piper Jaffray Companies (NYSE:PJC) Piper Jaffray announced to host its sixth annual Clean Technology & Renewables Conference on Jan. 12 in New York. Industry participants and investors will hear from more than 80 of the fastest growing public and private companies in the solar, wind, smart grid, energy storage, LED, biofuels, water, automotive efficiency, and other clean technology sectors. “Piper Jaffray has a strong commitment to the clean technology and renewables space,” said Jeff Klinefelter, director of research at Piper Jaffray. "Companies within the sector represent one of the best secular investment themes as the world grapples with solutions to meet ever increasing global energy needs.”


    Piper Jaffray Companies provides investment banking services, institutional sales, trading and research services, and asset management services worldwide. The company primarily raises capital through equity and debt financings for its middle-market clients operating in various industries.

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    Power3 Medical Products, Inc. (OTCPK:PWRM)

    Power3 Medical Products, Inc., a leading proteomics company focused on the development of innovative diagnostic tests in the fields of cancer and neurodegenerative diseases, recently announced PWRM management believes it is making great progress in its focus on the development, sales, and marketing of its proprietary innovate diagnostic tests for breast cancer, pancreatic cancer, ovarian cancer, colon cancer, and certain neurodegenerative diseases, such as Alzheimer's and Parkinson's, to name a few.

    In addition, PWRM is a party to several litigation matters, most of which relate to various toxic debt instruments that were entered into by PWRM several years ago when it operated under the tenure of Chairman and CEO, Steven B. Rash. Because current management believes these toxic debt instruments are responsible for PWRM's depressed stock price and have distracted the company from its mission, PWRM plans to settle as many of these nagging lawsuits as possible prior to the completion of its merger with Rozetta-Cell Life Sciences, Inc. As for those lawsuits that cannot be speedily resolved, PWRM will continue to rigorously defend its position. For example, one such lawsuit involves Neogenomics, Inc., which was recently granted a motion for summary judgment with respect to an amount due under a convertible debenture. PWRM intends to appeal this decision.

    Rozetta-Cell Life Sciences, Inc. is a medical biotechnology company that focuses on the delivery and imaging of stem cells during therapy. PWRM plans to effect the acquisition of Rozetta-Cell by merging Rozetta-Cell with and into PWRM, with PWRM remaining as the surviving company. The acquisition of Rozetta-Cell is expected to be completed in February 2011.

    Rozetta-Cell is a medical biotechnology company that focuses on the delivery and imaging of stem cells during therapy. The company has a robust intellectual property portfolio and has created numerous products for adult stem cell therapy that are ready for market globally. Rozetta-Cell also has several collaborations in process through which it is partnering with industry-leading adult stem cell research companies and adult stem cell vendors.

    http://doubleinstocks.com/img/cancer_cell1.jpg

    Power3 Medical Products, Inc. is a leading bio-technology company focused on the development of innovative diagnostic tests in the fields of cancer and neurodegenerative diseases such as Alzheimer’s disease, Parkinson’s disease and amyotrophic lateral sclerosis (commonly known as ALS or Lou Gehrig’s disease). PWRM applies proprietary methodologies to discover and identify protein biomarkers associated with diseases.

     

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

     

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    Quaker Chemical Corporation (NYSE:KWR) announced that it has acquired Summit Lubricants Inc., a leading specialty grease manufacturer ("Summit Lubricants"), effective December 31, 2010. The purchase price of $30 million approximates Summit Lubricants' anticipated 2011 net sales. The acquisition is expected to be accretive to earnings in 2011. Summit Lubricants is a North American manufacturer and distributor of specialty greases and lubricants whose proprietary formulations encompass a broad spectrum of specialty greases which are sold through major grease distributors and utilized in military applications.


    Quaker Chemical Corporation develops, produces, and markets formulated chemical specialty products for various heavy industrial and manufacturing applications. It also offers and markets chemical management services (NYSE:CMS).

     

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