Winston-Salem 8/20/2010 7:17:14 PM
News / Business

SmallCapReview - Stocks In The News - CCGI, CELG, UTX

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Car Charging Group OTCBB: CCGI). Announced Thursday after market close that it has entered into a pilot agreement with Icon Parking Systems, the premier provider of parking services in Manhattan, to provide electric vehicle (EV) charging stations at select trial locations helping to smooth the transition to EV by creating a useful charging network for Icon's customers.

"This partnership lays the groundwork in Manhattan to support the national roll-out of electric automobiles on the way to dealer showrooms in late 2010 from manufacturers such as Tesla Motors, the Renault and Nissan alliance, General Motors, Ford and others," said Car Charging Group CEO Michael D. Farkas.

What They Do: Car Charging Group, Inc. is an owner and provider of electric vehicle (EV) charging stations with the mission to build-out a nationwide infrastructure, enabling EV and PHEV owners to charge their EVs anytime, anywhere. As part of its strategy, the Company owns, provides, installs and maintains electric vehicle charging units and works with various landowner partners to identify appropriate locations for its charging stations. The Company seeks to provide convenient, safe and affordable charging stations away from home in customer-friendly public locations, including municipalities, shopping malls and parking garages.

Celgene International (Nasdaq: CELG) $53.91. Today announced that REVLIMID has been granted full marketing authorization by Japan’s Ministry of Health, Labour and Welfare (MHLW) for the treatment of patients with myelodysplastic syndromes (MDS) associated with a deletion 5q cytogenic abnormality. REVLIMID was also approved in June 2010 in combination with dexamethasone, for the treatment of patients with relapsed or refractory multiple myeloma who have received at least one prior standard therapy.

The approval of REVLIMID was based upon the safety and efficacy results of several international trials in patients with deletion 5q MDS, which have supported regulatory approval in 19 countries worldwide.

As a result of the approval, REVLIMID will be available through RevMate, the company’s proprietary distribution program. Celgene is now registering physicians and medical centers throughout the country into RevMate as part of its strategic launch.

What They Do: Celgene International Sàrl, located in Boudry, in the Canton of Neuchâtel, Switzerland, is a wholly owned subsidiary and international headquarters of Celgene Corporation.

Carrier Corp., a unit of United Technologies Corp. (NYSE: UTX) $68.51. Today announced it was awarded a chiller purchasing contract by the Dalian Wanda Group, a renowned real estate enterprise in China. The one-year contract has an expected value of up to $30 million.

"Energy efficiency and quality of products have always been our top considerations when selecting an air conditioning systems supplier," said a spokesperson for Dalian Wanda Group. "We are convinced of Carrier's expertise in sustainable building solutions, and look forward to cooperating with Carrier to create more green Wanda projects across China."

Founded in 1988, Dalian Wanda Group is one of the most distinguished enterprises in China, with a strong presence in commercial real estate, luxury hotels, and department stores. Currently, Dalian Wanda Group has invested in real estate projects in more than 50 cities across China, including 27 Wanda Squares and 8 five-star hotels.

What They Do: Carrier Corp. is the world's leader in high technology heating, air-conditioning and refrigeration solutions.

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