Alnylam Pharmaceuticals Inc. (ALNY) reported a third-quarter loss of 22 cents per share, below the Zacks Consensus Estimate of 24 cents but wider than the year-ago loss of 7 cents. The higher loss in the quarter is attributable to higher stock based compensation and legal expenses.

Revenues for the quarter came in at $24.2 million as against $25.7 million in the year-ago quarter, down 5.8%. Research and development costs increased 5% to $23.2 million primarily because of increased costs for clinical and pre-clinical programs coupled with increased R&D headcount to support Alnylam’s alliances and development programs.    General and administrative expenses increased 56% to $10.7 million. The increase in general and administrative spend was primarily driven by higher professional service fees in association with business activities, primarily legal activities, coupled with increased stock based compensation expenses.   Alnylam exited the quarter with $453.5 million in cash, cash equivalents and marketable securities

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ZOLL Medical Corp. (ZOLL) reported fourth-quarter earnings of 16 cents per share, which beat the Zacks Consensus Estimate of 8 cents. The company earned 41 cents in the year-ago quarter. The lower profit in the quarter was attributable to lower margins coupled with higher expenses, in spite of higher revenues. For full fiscal 2009, the company earned 45 cents per share, which exceeded the Zacks Consensus Estimate by 8 cents but was well below the year-ago earnings of $1.10.   Quarterly Results   Revenues in the reported quarter came in at $107.87 million from $105.60 million in the year ago quarter, up 2%. Revenue for the quarter reflected a negative foreign exchange impact of approximately $1.4 million and included approximately $5 million from the acquisition of the Temperature Management business.   Sales in the North American market declined 2% to $79.1 million during the quarter, while International sales ...

Millipore Corp. (MIL) reported third-quarter earnings per share of 71 cents, well below the Zacks Consensus Estimate of 93 cents per share.

Revenues for the third quarter grew 4% from the previous year, totaling $412 million. Excluding a 3% unfavorable impact from changes in foreign currency, Millipore generated organic revenue growth of 7%. On a divisional basis, excluding changes in foreign currency, Millipore’s Bioprocess Division generated organic revenue growth of  8%, while the company’s Bioscience Division generated organic revenue growth of 4% from the previous year. In the Americas, revenue grew by 4% year over year while Asia recorded a 16% growth in revenues when compared to a similar period.

Bioprocess Division is sustaining its strong momentum and generating very attractive growth. The division’s performance has returned to tracking the strong fundamentals of the biotech industry and there was also an additional benefit of an increase in vaccine productions. The

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Thursday November 5, 2009

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Cavitation Technologies, Inc. (OTC Bulletin Board: CVAT) announced recently that it has signed Miura Engineering Co., Ltd. Tokyo, Japan (www.miura21.co.jp) as its new agent to serve markets in Japan for CTI’s Nano-Cavitation Process Systems. Miura is a leading Engineering Company specialized in Edible Oil Processing Plants in the Far East. Last week CVAT reported a 3-for-1 forward stock split.

At the 2nd Asia Pacific Contact Center Association Leaders and CCAM Expo this week in Kuala Lumpur, Malaysia, Convergys

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AvalonBay Communities Inc. (AVB), a leading real estate investment trust (REIT), reported fiscal third quarter funds from operations (FFO) of $87.7 million or $1.09 per share, compared to $99 million or $1.28 per share in the year-earlier quarter. Funds from operations, a widely used metric to gauge the performance of REITs, is obtained after adding depreciation and amortization and other non-cash expenses to net income.   Total revenues, including discontinued operations, increased 0.3% year over year to $224.2 million. Same-store rental revenues decreased 4.8% due to a 0.2% decline in economic occupancy and 4.6% dip in average rental rates. Same-store net operating income (NOI) during the quarter decreased 8.5% year over year to $98.9 million.   AvalonBay completed development activities in three communities during the quarter, totaling 614 apartment homes at an aggregate cost of $173 million. These include Avalon Anaheim Stadium located in Anaheim, California; Avalon Charles ...

Waters Corporation (WAT) reported third quarter 2009 revenues of $374 million, a decrease of 3% over that of $386 million in the third quarter of 2008. On a GAAP basis, earnings per diluted share for the third quarter were 79 cents, compared to 71 cents for the third quarter of 2008. This exceeded the Zacks Consensus Estimate of 77 cents per share.  Business trends in the third quarter suggested a stabilization of demand by major end markets. Customer interest in new products is encouraging and indicates that research-related spending may benefit its future results.   Through the first nine months of 2009, sales for the Company were $1.07 billion, a decrease of 8% in comparison to sales of $1.15 billion in the first nine months of 2008. Foreign currency translation contributed negatively to sales growth during the first nine months of 2009 and reduced sales by 4%. E.P.S. for ...

Evergreen Solar Inc. has emerged as a recognizable figure in the solar power industry. The company develops, manufactures and markets String Ribbon™ solar power products for residential and commercial applications around the world.

The solar manufacturer today announced the recent opening of its Europe-based headquarters in Berlin, Germany, which is expected to extend the reach of the company’s presence in the German market. With headquarters in Berlin, the company anticipates taking advantage of solar incentives and the accelerated business growth in Europe.

“Berlin is an ideal location for us to establish our European headquarters,” Peter Rusch, managing director of Evergreen Solar GmbH and vice president of Sales for Evergreen Solar stated in the press release. “Our excellent products and strong relationships with customers have allowed us to establish ourselves very quickly as a leader across the European market.”

In 2002, Evergreen Solar launched European operations and became a fully-registered German

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MARLBORO, Mass. and BERLIN - October 26 2009 - Evergreen Solar, Inc. (NasdaqGM: ESLR), a manufacturer of String Ribbon solar power products with its proprietary, low-cost silicon wafer technology, today announced that it has opened a new European headquarters in Berlin, Germany

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Friday October 23, 2009

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PSFT, AKAM, PWRM, CSRH, ERTS, CVAT, CVS, AQNM, EXC

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AKAM, Akamai Technologies Inc.

AKAM provides services for accelerating and improving the delivery of content and applications over the Internet.

AKAM, the leader in powering video, dynamic transactions and enterprise applications online, announced today that it will host a Financial Analyst Day at The Renaissance Boston Waterfront Hotel in Boston, Massachusetts on Monday, December 7, 2009.

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PSFT, Powersafe Technology Corp., PSFT.PK

Powersafe Technology Corp.’s (Other OTC: PSFT.PK) Subsidiary Amplification Technologies has just patented a revolutionary solution for low-level signal detection: multichannel Discrete Amplification (DA).

DA photodetectors could function in both

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Friday October 23, 2009

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Maidenform Brands, Inc. (NYSE: MFB), a global branded marketer of intimate apparel, today announced that the Company will release third quarter 2009 results after the market close on November 10, 2009 with a conference call and webcast on November 11, 2009 at 8:30 a.m. Eastern Time to review these results and provide an update on the overall business.

Power3 Medical Products, Inc. (OTCBB: PWRM), a leader in neurodegenerative disease and cancer biomarkers and diagnostic tests, announces further international

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