On Monday, Intercontinental Exchange, Inc. (ICE) launched 40 new over-the-counter (OTC) energy contracts for North American natural gas, power, natural gas liquids and global oil products. Trading of the above contracts is scheduled to begin on Dec 7, 2009.  The new cleared oil contracts include a differential calendar swap contract and a differential trade-month swap contract based on the Argus Sour Crude Index (ASCI). The two ASCI swap contracts will be available from Nov 13.  These contracts will provide a set of complementary risk-management tools to the marketplace. Including these new products, the company now offers a total of 280 cleared OTC energy contracts, including nearly 190 new OTC contracts since the launch of ICE Clear Europe in Nov 2008. The transatlantic exchange, which operates in over 50 countries, is headquartered in Atlanta , with offices in New York , London , Chicago , Winnipeg , ...

IntercontinentalExchange, Inc. (ICE) reported its third quarter results yesterday.

The company swung to a GAAP net income of $86.9 million or $1.18 per share from a net income of $75 million or $1.04 in the year-ago period. Results came in 3 cents ahead of the Zacks Consensus Estimate of $1.15.

The quarterly results benefited from position limitations on speculators, sweeping regulatory reforms, lower expenses and record futures trading. The upside was also attributable to growth in the company’s core businesses, significant progress from new initiatives and stronger margins.

The company could benefit as more over-the-counter contracts are exchange-traded and cleared, but could suffer if U.S. regulators impose new commodity-market position limits.

Net revenues increased 27.2% year over year to $256.3 million. The growth was primarily attributable to 34% increase in consolidated transaction and clearing fee revenues in the quarter driven primarily by new products, strong trading volumes in ICE's futures and OTC energy segments, continued

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Power3 Medical Products, Inc. (OTCBB: PWRM), a leader in neurodegenerative disease and cancer biomarkers and diagnostic tests, announces further international recognition of validity as the company’s President and CSO, Dr. Ira Goldknopf, will deliver an invited Keynote address and chair a session on “Biomarkers and Diagnostics in Personalized Medicine (Track 6-4),” at the BIT Life Sciences 2nd International Congress and Expo of Molecular Diagnostics in Beijing, China, November 19-21, 2009. The Theme of the meeting is “New Leadership of

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Echelon Accelerates Smart Grid Adoption As a leading provider of smart grid meters, Echelon (ELON) is well positioned in the rapidly growing advanced metering infrastructure (AMI) market. On July 7, 2009, Echelon, in partnership with ROMlight International, announced that it would install its LonWorks control networking technology at the Kelly Western Services Ltd. aircraft hangar in Winnipeg for high bay lighting systems, which are particularly used in buildings. Echelon has been growing through customer wins and also has footprints in Germany, Denmark, France, Russia, Sweden, Italy, Australia, Austria, The Netherlands, and the United States. This deal is its first win in Canada. Smart control networking provided by Echelon helps in cost savings for utilities by reducing labor costs and increased meter reading accuracy, through capabilities such as early detection of failing streetlights, forewarning about outages, light output balancing and dimming services. Kelly Western ...