US Farms (OTCBB: USFM) Closed at $0.07. Announced Thursday after market close completion of its Nursery Greenhouse improvements. These improvements include Heaters, new exhaust ventilation and all new plastic roofs with insulation to stop heat loss in winter and maintain cool in the summer. These improvements were done in coordination with US Farms, Inc. Canadian Nursery partners Morgan Creek Tropical to support its partnership for its retail and wholesale Nursery accounts.
Yan Skwara, CEO of US Farms, Inc., stated, "With the completion of these Greenhouse improvements, this will enable US Farms, Inc. and our partner Morgan Creek to effectively continue to service our customers with high quality Nursery products year round. With these green house improvements it gives the ability to run operations years round while increasing inventory and sales in the 20% percent range. This is key to keep our nursery business moving forward in 2009. Protecting the plants from adverse cold during the winter months is a key operating aspect for any nursery player and these improvements will do just that. Our Aloe nursery business and Nursery warehouse fulfillment for box stores at our greenhouse facility in Valley Center, California continues to drive our future Nursery business."
What They Do: US Farms, Inc. is a diversified commercial Farming and Nursery company. The company currently grows, markets and distributes horticultural products through a number of its wholly owned subsidiaries. US Farms, Inc. is currently one of the largest domestic growers of Aloe Vera, growing well over 6 million pounds annually. The company plans to further its vertically integrating path by moving into the marketing and sales of Aloe Vera based products. The company's products are sold through supermarkets, home centers, retail merchandisers, garden centers, mail order, direct sales, re-wholesalers, and landscapers throughout the United States and Canada. Through internal growth and strategic acquisitions the company is expanding its market share in its businesses.
How They Trade: USFM has a 52 week high of $9.50 and a 52 week low of $0.05.
Jacobs Engineering Group (NYSE: JEC) Closed at $51.70. Today announced that it has been notified of an unsolicited "mini-tender" offer by TRC Capital Corporation to acquire up to two million shares of Jacobs common stock, representing less than two percent of Jacobs' outstanding shares, at a price of $42.50 per share.
What They Do: Jacobs Engineering Group, Inc. provides technical, professional, and construction services to industrial, commercial, and governmental customers worldwide.
How They Trade: JEC has a 52 week high of $98.31 and a 52 week low of $26.99.
Cubist Pharmaceuticals (Nasdaq: CBST) Closed at $25.19, and Alnylam Pharmaceuticals (Nasdaq: ALNY) announced today that they have formed a strategic collaboration to develop and commercialize Alnylam’s ALN-RSV program. The RSV-specific RNAi therapeutic program includes ALN-RSV01, which is currently in Phase II clinical development for the treatment of respiratory syncytial virus (RSV) infection in adult lung transplant patients, as well as several other potent and specific second-generation RNAi-based RSV inhibitors in pre-clinical studies.
What They Do: Cubist Pharmaceuticals, Inc. is a biopharmaceutical company focused on the research, development, and commercialization of pharmaceutical products that address unmet medical needs in the acute care environment. In the U.S., Cubist markets CUBICIN® (daptomycin for injection), the first antibiotic in a new class of anti-infectives called lipopeptides.
How They Trade: CBST has a 52 week high of $28.74 and a 52 week low of $16.25.
About SmallCapReview
Copyright SmallCapReview. SmallCapReview.com has been a leading site for news on small-cap stocks since 1999. SmallCapReview has built a loyal opt-in following for their investor products by providing a newsletter at no cost, sent to subscribers, highlighting select small-cap stocks, to register visit http://www.smallcapreview.com/subscribe.htm. SmallCapReview has been compensated three thousand five hundred dollars by a third party GreenHorseshoe for its services with regards to USFM.
