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E*TRADE FINANCIAL Corp. (Nasdaq: ETFC) $1.58. Today announced that E*TRADE Securities LLC has introduced E*TRADE Mobile Pro for Apple’s iPhone and iPod touch, expanding customer access to on-the-go, real-time investment, market and account information. The application provides many of the same interface, security, trading and banking features available on etrade.com to customers via their iPhone or iPod touch. The application is available at no additional cost to all E*TRADE Securities customers via the Apple App Store.
What They Do: The E*TRADE FINANCIAL family of companies provides financial services including trading, investing and related banking products and services to retail investors.
Pharmaxis ( Nasdaq: PXSL) Today announced positive results of its recently completed international Phase III trial of Bronchitol(TM) in people with cystic fibrosis. The study represents one of the largest clinical trials conducted in cystic fibrosis.
The primary endpoint of the trial was to assess whether Bronchitol improves lung function as measured by a change in Forced Expiratory Volume in 1 second (FEV1) when administered 400 mg twice per day for six months. The clinical trial comfortably met this endpoint. Patients treated with Bronchitol had a statistically significant improvement in lung function from baseline of 6.6% (p=0.001 versus placebo). Lung function improved at week 6 and was sustained through to week 26.
What They Do: Pharmaxis is a specialist pharmaceutical company involved in the research, development and commercialization of therapeutic products for chronic respiratory and immune disorders.
Deep Down (OTCBB: DPDW) $0.14. Today announced receipt of subsea service and technology orders for deepwater oil and gas fields in West Africa and the Gulf of Mexico (GOM).
Deep Down received its largest loose-tube steel flying lead order to-date for a deepwater oil & gas development off the west coast of Africa. With much of this development in more than 8000 feet of water, Deep Down's deepwater service team will supply more than 30 of its innovative loose-tube steel flying leads along with associated subsea components. The order requires first delivery in mid-July 2009, with completion by October 2009.
What They Do: Deep Down, Inc. is an oilfield services company serving the worldwide offshore exploration and production industry.
Eltek Ltd. (Nasdaq: ELTK) $1.02. Today announced that it has received orders valued at $1.2 million from a US medical customer for flex - rigid PCBs (printed circuit boards) that will be used in the production of advanced medical equipment. The flex - rigid PCBs are expected to be delivered during the second half of 2009. The customer's new $495,000 order is in addition to a $742,000 order already received in 2009 as part of a long term contract.
What They Do: Eltek is Israel's leading manufacturer of printed circuit boards, the core circuitry of most electronic devices. It specializes in the complex high-end of PCB manufacturingI, multilayered and flex-rigid boards.
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