SmallCapReview - Stocks On The Move - ATHX, OPEN, LIOX

SmallCapReview.com has been a leading site for information on small cap stocks, penny stocks and microcaps since 1999, to receive the free SmallCapReview newsletter visit http://www.smallcapreview.com.

Athersys ( Nasdaq : ATHX) $3.69, Up $0.81. Today announced that it has been granted U.S. patent 7,659,118 that covers non-embryonic multipotent stem cells, their isolation and expansion, and related pharmaceutical compositions. 

The issued patents cover Athersys' proprietary scalable MultiStem technology, which is an investigational stem cell therapy that has demonstrated therapeutic potential to treat a broad range of diseases and indications, including acute myocardial infarction, inflammatory bowel disease (IBD), bone marrow transplant support and ischemic stroke. Athersys announced in December 2009 a strategic partnership with Pfizer under which the companies will jointly develop MultiStem for IBD.

OpenTable ( Nasdaq : OPEN) $29.84, Up $4.85. Announced Tuesday after market close its financial results for the fourth quarter and fiscal year ended December 31, 2009. OpenTable reported consolidated net revenues for Q4 2009 of $19.2 million, a 32% increase over Q4 2008. Consolidated net income for Q4 2009 was $3.1 million, or $0.13 per diluted share. Non-GAAP consolidated net income for Q4 2009, which excludes tax affected stock-based compensation expense, was $3.2 million, or $0.14 per diluted share.

Lionbridge Technologies ( Nasdaq : LIOX) $4.08, Up $0.44. Today announced financial results for the fourth quarter and year ended December 31, 2009. Revenue of $105.0 million, an increase of $7.2 million or 7% from the third quarter ended September 30, 2009. Gross profit of 33.5% or $35.2 million, an increase of 240 bps or $4.8 million from the prior quarter, despite an unfavorable sequential quarter currency effect. For the year ended December 31, 2009, the Company reported revenue of $389.3 million, a decrease of $72 million from FY 2008 reflecting unfavorable global economic conditions in the first half of the year.