ArthroCare Corp. (NASDAQ:ARTC) develops and manufactures surgical devices, instruments, and implants that strive to enhance surgical techniques as well as improve patient outcomes. Its devices improve many existing surgical procedures and enable new minimally invasive procedures. Many of ArthroCare's devices use its internationally patented Coblation® technology. This technology precisely dissolves target tissue and limits damage to surrounding healthy tissue.
ArthroCare, a leader in developing state-of-the-art, minimally invasive surgical products, has announced that it has received clearance from the U.S. Food and Drug Administration (FDA) for its SpeedFix Suture System (SpeedFix). SpeedFix, a push-in anchor made of PEEK (polyether-etherketone) polymer, is designed for the repair of tears of the labrum in a shoulder.
SpeedFix anchors, which are double-loaded with ArthroCare's high-strength MagnumWire® suture, provide surgeons with independent bone locking, suture tensioning and suture locking to securely attach tissues to the glenoid. SpeedFix is expected to complement ArthroCare's broad line of suture anchors and ArthroCare's suture passing technology, including FirstPass.
ArthroCare also develops surgical devices utilizing other patented technology including its OPUS® line of fixation products as well as re-usable surgical instruments. ArthroCare is leveraging these technologies in order to offer a comprehensive line of surgical devices to capitalize on a multi-billion dollar market opportunity across several surgical specialties, including its two core product areas consisting of Sports Medicine and Ear, Nose, and Throat as well as other areas such as spine, wound care, urology and gynecology.
For more information about ArthroCare, please visit: www.arthrocare.com
Micron Technology Inc. (Nasdaq:MU) announced the pricing of an offering of $300.0 million aggregate principal amount of its 1.50% convertible senior notes due 2031 (the "2031A Notes") and $300.0 million aggregate principal amount of its 1.875% convertible senior notes due 2031 (the "2031B Notes" and, together with the 2031A Notes, the "Notes").
Micron Technology, Inc., together with its subsidiaries, engages in the manufacture and marketing of semiconductor devices worldwide.
SEI Investments Co. (Nasdaq:SEIC) announced financial results for second-quarter 2011. Diluted earnings per share were $.29 in second-quarter 2011 compared to $.28 in second-quarter 2010. Assets under management increased $1.1 billion to $180.3 billion at June 30, 2011, as compared to $179.2 billion at March 31, 2011. Sales events, net of client losses, during second-quarter 2011 totaled $9.0 million and are expected to generate net annualized recurring revenues of approximately $8.4 million.
SEI Investments Company provides investment processing, fund processing, and investment management business outsourcing solutions to corporations, financial institutions, financial advisors, and high-net-worth families.
Cleantech Transit Inc (OTCPK:CLNO)
Cleantech Transit Inc. was founded to capitalize on technology advances and manufacturing opportunities in the growing clean energy public transportation sector. Cleantech Transit Inc has expanded its focus to invest directly in specific green projects that could maximize shareholder value.
Cleantech Transit, Inc. (OTCPK:CLNO) is pleased to announce it has met its funding requirement to secure the Company's ability to earn in 25% of the 500KW Merced Project.
The Company is in the final stages of closing its initial interest in the Merced Project and is currently working on completing the necessary documentation and expects closing the transaction soon. As previously announced Cleantech has the option to earn up to 40% of the Merced Project and the Company plans to continue to work towards increasing its interest in the Merced Project as they move ahead.
Biogas, one of the most significant types of biomass energy, makes optimal utilization of the valuable natural resource of dung. It provides (soot-free) clean gas for meeting cooking and energy needs as well as enriched bio-fertilizer for improvement of fertility/ productivity of agricultural lands. Promotion of the biogas technology seems to be one of the best options, which cannot only partially offset the fossil fuel from wood consumption but also facilitates recycling of agro-animal residues as a bio-fertilizer. Moreover, being clean and renewable, it will also contribute towards environment protection, sustenance of ecosystem and conservation of biodiversity.
Recognizing the many economic and operational advances of converting wood waste into renewable sources of energy, Cleantech Transit Inc. has selected to invest in Phoenix Energy (www.phoenixenergy.net).
The technology used by Phoenix Energy to turn your waste from industry agriculture and forestry into power has many environmental benefits. Phoenix Energy is deeply committed to their customers both in reducing their costs of operation and in helping them be good corporate citizens, having a positive impact on the environment. By installing wood waste gasification systems customers help to:
o Reduce greenhouse gas emissions
o Reduce the amount of toxic pollutants in the atmosphere
o Save landfill space from taking up more of our landscape and Reduce groundwater contaminants
o Improve energy security and reduce dependence on foreign sources of energy
For more information about CLNO, visit www.cleantechtransitinc.com
QUALCOMM Incorporated (Nasdaq:QCOM) announced the launch of the 3G Smartphone x Digital Textbook project to help high school dropouts, habitual absentees and students seeking vocational training earn diplomas.
QUALCOMM Incorporated engages in the development, design, manufacture, and marketing of digital wireless telecommunications products and services.
Nexstar Broadcasting Group Inc. (Nasdaq:NXST) announced that its wholly-owned subsidiary, Nexstar Broadcasting Inc., today filed a federal civil antitrust lawsuit in the Northern District of Indiana against Granite Broadcasting Corporation and its wholly-owned subsidiaries WISE-TV License LLC and WISE-TV, Inc. (collectively referred to as "Granite").
Nexstar Broadcasting Group, Inc., a television broadcasting and digital media company, engages in the acquisition, development, and operation of television stations and interactive community Websites in medium-sized markets in the United States. It provides free over-the-air programming to television viewing audiences.
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