Thanks to Power3 Medical Products Inc. (OTC:PWRM), people with Alzheimer's may be able to say, thanks for the memory. Power3 recently made four poster presentations at the 2010 International Conference on Alzheimer's Disease (NASDAQ:ICAD) in Honolulu, Hawaii. The leading proteomics company, which is focused on the development of innovative diagnostic tests in the fields of cancer and neurodegenerative diseases, discussed NuroPro, Power3's diagnostic test, and highlighted Power3's Alzheimer's disease blood serum biomarkers, test and clinical validation trials.
"We are pleased that our blood tests specifically diagnose Alzheimer's in patients, both pre- and post-treatment," said Helen R. Park, MS, Chief Executive Officer of Power3, "and that our scientific collaborators, Dr. Marwan Sabbagh, Medical and Scientific Director of the Banner Sun Health Medical Research Institute, and Dr. Lourdes R. Bosquez, President of the Woodlands Behavioral Institute, Inc., presented along with us at the meeting in Hawaii."
Power3 applies proprietary methodologies to discover and identify protein biomarkers associated with diseases. Through these processes, Power3 has developed a portfolio of products including BC-SeraPro, a proteomic blood serum test for the early detection of breast cancer for which Power3 has completed Phase I clinical trials, and NuroPro, a proteomic blood serum test for the detection of neurodegenerative diseases, including Alzheimer's, Parkinson's and ALS diseases, for which Power3 is currently engaged in Phase II clinical trials.
Kandi Technologies, Corp. (NASDAQ:KNDI), a leading Chinese exporter of recreational vehicles, developer of the "CoCo" all electric LSV, and a leader in Electric Vehicle (NYSE:EV) development in China, reported third quarter and nine month results for the period ended September 30, 2010. Kandi Technologies' Financial Highlights include: On a non-GAAP basis which excludes certain non-cash charges, (see below), Kandi Technologies reported adjusted net income of $1.4mm in its 2010 third quarter, up 57% from adjusted net income of $0.9mm in the same period last year; Adjusted net income in the first nine months of 2010 grew 188% to $3.1mm, compared with $1.1mm in the first nine months of 2009; Led by recreational vehicle sales, 2010 third quarter sales grew 9% to $10.5mm compared with $9.6mm in the prior year period; Reflecting the continuing recovery in sales of Kandi Technologies' traditional recreational vehicles, and a strong second quarter contribution from U.S. sales of the super mini Kandi "CoCo," nine month revenues increased 50% to $28.6mm, compared with $19.1mm in the comparable period last year; and Net cash provided by operations through the first nine months of 2010 was $7.4mm.
Kandi Technologies, Corp. ranks as one of the largest manufacturers and exporters of go-karts in China, making it a world leader in the production of this popular recreational vehicle.
Kansas City Southern’s (NYSE:KSU) Board of Directors on November 10, 2010 declared a dividend of $0.25 per share on the outstanding KCS 4% non-cumulative preferred stock. The dividend is payable on January 18, 2011 to preferred stockholders of record at the close of business December 31, 2010.
Headquartered in Kansas City, Mo., Kansas City Southern is a transportation holding company that has railroad investments in the U.S., Mexico and Panama. Kansas City Southern’s primary U.S. holding is The Kansas City Southern Railway Company, serving the central and south central U.S. Kansas City Southern's international holdings include Kansas City Southern de Mexico, S.A. de C.V., serving northeastern and central Mexico and the port cities of Lázaro Cárdenas, Tampico and Veracruz, and a 50 percent interest in Panama Canal Railway Company, providing ocean-to-ocean freight and passenger service along the Panama Canal. Kansas City Southern’s North American rail holdings and strategic alliances are primary components of a NAFTA Railway system, linking the commercial and industrial centers of the U.S., Mexico and Canada.
KapStone Paper and Packaging Corporation (NYSE:KS), a leading North American producer of unbleached kraft paper products and linerboard, today reported that Standard & Poor's (S&P) will add the Company to the S&P SmallCap 600 Index at the close of trading on November 10, 2010.
Introduced in 1994, the S&P SmallCap 600 Index includes publicly traded companies with a market cap between $250 million and $1.2 billion which meet specific Standard & Poor's criteria of financial viability and investment potential. KapStone has been added to the S&P SmallCap 600 GICS Paper Products Sub-Industry index.
Headquartered in Northbrook, IL, KapStone Paper and Packaging Corporation is a leading North American producer of unbleached kraft paper products and linerboard.
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