Euronet Worldwide, Inc. (NASDAQ:EEFT), a leading electronic payments provider, recently announced its third quarter 2010 financial results. The comparison of results for the third quarter 2010 to the third quarter 2009 was negatively affected by fluctuations in foreign currency values against the U.S. dollar because the Company generates approximately 75% of its revenue from non-U.S. operations.
Euronet Worldwide, Inc. provides electronic payment services. It primarily offers automated teller machine (ATM), point-of-sale (POS), card outsourcing services, electronic distribution of prepaid mobile airtime and other prepaid products, and consumer money transfer services.
PWRM, Power 3 Medical Products Inc., PWRM.OB has signed a definitive agreement recently to acquire all of the stock of Rozetta-Cell Life Sciences, Inc. Power3 plans to effectuate the acquisition of Rozetta-Cell by merging Rozetta-Cell with and into Power3, with Power3 remaining as the surviving company in the merger. The acquisition of Rozetta-Cell is expected to be completed in October or November 2010.
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.
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). 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 it 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 it is currently engaged in Phase II clinical trials.
These tests are designed to analyze an individual’s proteins to detect the presence of disease, a patient’s disease progression, a patient’s response to a particular drug, and the mechanisms of disease present in the patient for optimal targeted therapy.
Range Resources Corporation (NYSE:RRC) recently announced its third quarter 2010 results. Production averaged 503 Mmcfe per day, a record high for the Company and a 15% increase over the prior-year quarter. This represents the 31st consecutive quarter of sequential production growth. Production was 77% natural gas and 23% natural gas liquids and crude oil.
Range Resources Corporation, an independent natural gas company, engages in the exploration, development, and acquisition of natural gas properties in the southwestern and Appalachian regions of the United States.
Kona Grill, Inc. (NASDAQ:KONA), an American grill and sushi bar, recently reported results for its third quarter ended September 30, 2010. Restaurant sales increased 7.1% to $21.6 million from $20.2 million during the same quarter last year.
Kona Grill features American favorites with an international influence and award-winning sushi in a casually elegant atmosphere.
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