CombiMatrix (CBMX) Soars on Agreement, Fuel Tech (FTEK) on Q3
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CombiMatrix Corporation (Nasdaq:CBMX)
Shares of CBMX surged on Tuesday's market activity after the company reported that it has entered into a contractual agreement with the provider network of Blue Cross and Blue Shield of Kansas City (Blue KC), the largest not-for-profit health insurer in Missouri, for coverage of its diagnostic laboratory services.
The agreement provides access to CBMX 's suite of molecular diagnostic solutions and comprehensive clinical support to more than 800,000 members.
CBMX provides valuable molecular diagnostic solutions and comprehensive clinical support for the highest quality of care -- specializing in miscarriage analysis, prenatal and pediatric healthcare. CBMX offers comprehensive testing services for the detection of genetic abnormalities at the DNA level, beyond what can be identified through traditional methodologies.
More about CombiMatrix Corporation (Nasdaq:CBMX) at www.combimatrix.com
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Crown Equity Holdings Inc. (CRWE)
Everybody is extremely familiar with B2C even if they’re not aware of the term. B2C describes the transactions between a business and the consumer. The entire population engages in B2C (also known as retail) on an everyday basis whether they are at the gas pump, grocery store or retail outlet.
There is another huge industry that is known by industry insiders as B2B (business to business). B2B is the term for transactions between businesses for example a manufacturer and a wholesaler, or between a wholesaler and a retailer.
CRWE recently reported that it has updated its membership driven online e-commerce venture business plan. The name of the business will be known as “iB2B Global”.
Looking to deliver value for its stockholders in both the near and long term, CRWE is targeting the multi-billion dollar B2B Industry with its iB2B Global project.
CRWE ‘s iB2B Global mission is to make it easy for anyone to buy or sell anywhere in the world.
As a worldwide online multi-media publisher, CRWE ‘s advertising services cover and connect a range of marketing specialties, as well as provide search engine optimization for clients interested in online media awareness. The company launches, invests and manages select businesses, projects and real estate endeavors.
More about Crown Equity Holdings Inc. (CRWE) at www.crownequityholdings.com .
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Fuel Tech, Inc. (Nasdaq:FTEK)
FTEK stock soared after the company reported higher revenues, improved consolidated gross margins, and increased profits on its unaudited results.
For the third quarter 2013, FTEK posted consolidated revenues of $33.6 million, a 35% increase year over year, operating income of $5.3 million, compared to $1.6 million in the same period the prior year, and net income of $3.5 million, or $0.15 per diluted share, compared to $1.2 million, or $0.05 per diluted share in the third quarter 2012.
FTEK ended the quarter in a strong financial position that included $1.05 per share in cash, and a very modest debt profile.
FTEK is a leading technology company engaged in the worldwide development, commercialization and application of state-of-the-art proprietary technologies for air pollution control, process optimization, and advanced engineering services. These technologies enable customers to produce both energy and processed materials in a cost-effective and environmentally sustainable manner.
More about Fuel Tech, Inc. (Nasdaq:FTEK) at www.ftek.com .
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