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Posted by: stocktrader247

Friday October 23, 2009

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The Medicines Company announced that the Committee for Medicinal Products for Human Use has granted a positive opinion applicable to all Member States of the European Union/European Economic Area that will extend the use of Angiox to include patients with heart attacks undergoing emergency heart procedures called primary percutaneous coronary intervention. The basis of this approval is the landmark HORIZONS-AMI study which was the first drug trial to demonstrate a reduction in deaths from heart attacks in patients undergoing emergency PCI. The trial showed that patients treated with Angiox compared with today?s leading treatment - heparin plus a platelet glycoprotein IIb/IIIa inhibitor ? were more likely to survive and had less frequent severe bleeds.

NRG Energy, Inc. (NYSE: NRG) participated in the United States Climate Action Partnership (USCAP) Clean Technology Showcase held today in Washington, DC. Legislative staffers and Members of the US Senate were able to learn about NRG's investments in nuclear, solar, biomass, clean coal technology and other green energy technologies, including smart grid technology.

"Climate change is the defining issue for our generation of American leadership, and further delay in addressing this challenge will be self-defeating in that it would require a severity of policy that would be damaging to the American public in a way that addressing the challenge now would not be," said David Crane, President and CEO, NRG Energy, Inc. "Sound federal climate change legislation has many important components but a bedrock principle of such legislation must be that it will promote private sector investment in vital low and no carbon technologies that will create new jobs and provide a foundation for economic recovery. Legislation must also protect consumers, vulnerable communities and businesses while ensuring economic sustainability and environmental effectiveness."

October new-vehicle retail sales are expected to decline only 6 percent compared with one year ago--the first single-digit decline since May 2008, according to J.D. Power and Associates, which gathers real-time transaction data from more than 8,900 franchisees across the United States. This decline marks the most significant improvement in 17 months, excluding August 2009 when year-over-year sales were up 13 percent due to the CARS program.

October new-vehicle retail sales are expected to come in at 651,600 units, which represent a seasonally adjusted annualized rate (SAAR) of 8.3 million units. With fleet volume down only 4 percent from one year ago, total sales for October are projected to come in at 816,600 units, down 6 percent from October 2008.

China Crescent Enterprises, Inc. (OTCBB: CCTR) has scheduled a Webcast for Tuesday, October 27th, to review year-to-date sales and operating income growth. China Crescent reported over $40 million in annual revenue in both 2007 and 2008, and for the first six months of 2009, reported $17 million in revenue and record net income with an over 200% increase to $1.1 million. The Company's sales are historically seasonal with its largest sales and profits usually occurring in the 4th quarter. The Company has forecasted $50 million in profitable revenue for 2009. Management recently announced that it anticipates the better than expected 2009 sales pipeline may result in record operating income and profit in 2009, and management may increase to the Company's $50 million 2009 revenue forecast following the completion of the 3rd quarter report. The Webcast is also slated to review the previously announced $0.30 suggested fair value target price per share.

Better than Expected 2009 Sales Pipeline

China Crescent is a systems integration service provider in China that markets technology outsourcing services that include the sale and service of brand name technologies such as Microsoft, Oracle, Cisco, IBM, HP and Dell. The Company has been marketing a new outsourcing service since the beginning of this year and has already signed $30 million in total revenue value over three years with Beijing Chuangzhitongda Technology Development through the outsourcing services offering. The Company also recently announced a letter of intent to provide outsourcing services to Aoyuan Electronic Co. ltd in Dalian, China, for $36 million over three years.

Consorteum Holdings, Inc. (OTCBB: CSRH) announced that it has launched its mobile check cashing program. The introduction of this service will offer those that are currently using check cashing facilities a much more convenient way to cash their payroll checks. After two years of development with its partners, Consorteum has now proceeded to the pilot phase of its check cashing program in the Toronto, Ontario region. The first stage of the pilot implementation will be the deployment of this new service on several trucks. The drivers will be able to offer their clients the convenience of real-time check cashing services and load customer funds directly onto a personalized prepaid Credit Card right at the mobile truck’s location.

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