Welcome!

News Feed Item

High Volume Stocks Advancing This Week - Company Awarded $1Million Judgment

CORAL SPRINGS, Florida, January 30, 2014 /PRNewswire/ --

Industry leaders make headway with developments and funding: RiceBran Technologies (NASDAQ: RIBT), Vringo Inc. (NASDAQ: VRNG), Plug Power, Inc. (NASDAQ: PLUG), Meritor, Inc. (NASDAQ: MTOR) and Organovo Holdings, Inc. (NYSE: ONVO)

RiceBran Technologies (NASDAQ: RIBT), a global leader in the production and marketing of value added products derived from rice bran, today announced that it has been awarded a judgment against Diabco Life Sciences, LLC ("Diabco").  The Superior Court of California in and for the County of Sacramento awarded a judgment of $1,013,241 to RiceBran Technologies against Indiana-based Diabco Life Sciences, LLC for failure to pay for product received from RBT.  The judgment includes all of RBT's costs and expenses incurred in pursuing collection of the past due debt.  Interest has begun and will accrue at the rate of 10% per annum until the debt is paid. RBT is taking steps to aggressively pursue collection of the award using all legal means available.

To read the full press release, please click here:http://www.fnmprofiles.com/profiles-ribt.html

W. John Short, CEO & President of RiceBran Technologies commented, "We are pleased that the Superior Court in Sacramento has awarded judgment in favor of RiceBran Technologies. In our eyes this case was simple.  We delivered product in good faith based on our receipt of purchase orders for which Diabco refused to pay.  We were forced to resort to legal action to collect."  

Vringo Inc. (NASDAQ: VRNG) announced that on January 28, 2014, the U.S. District Court for the Eastern District of Virginia, Norfolk Division, issued a Memorandum Opinion and Order related to its wholly-owned subsidiary I/P Engine, Inc.`s litigation against AOL, Google et al. for infringement of its patents through their AdWords system. In the Order, the Court held that the appropriate ongoing royalty rate for defendants` continued infringement of the patents-in-suit that "would reasonably compensate [I/P Engine] for giving up [its] right to exclude yet allow an ongoing willful infringer to make a reasonable profit" is a rate of 6.5% of the 20.9% royalty base previously set by the District Court.

Plug Power, Inc. (NASDAQ: PLUG) a leader in providing clean, reliable energy solutions, has published a replay of its January Business Update webcast. Due to technical difficulties that may have been caused by high volume to Plug Power's web site, the webcast link was unavailable to some attendees. The webcast is posted on the homepage of Plug Power's web site, http://www.plugpower.com, and can be directly linked at https://event.webcasts.com/viewer/event.jsp?ei=1027963.

Meritor, Inc. (NASDAQ: MTOR) is launching an educational campaign at Heavy Duty Aftermarket Week (HDAW) 2014 to help truck operators understand how the company's aftermarket brake products and automatic tire inflation parts enhance safety and improve their ability to comply with federal regulations. Meritor's aftermarket team will share this message with truck operators in a free informational kit and industry advertising. The goal is to assure trucking companies of all sizes that they're using the right parts to ensure proper vehicle stopping power and minimize or eliminate specific Federal Motor Carrier Safety Administration (FMCSA) violations. 

Organovo Holdings, Inc. (NYSE: ONVO) a three-dimensional biology company focused on delivering breakthrough 3D bioprinting technology, recently announced that it has performed its first 3D Liver tissue delivery. The achievement marks the delivery of Organovo's 3D Liver tissue to a laboratory outside of the company to a key opinion leader (KOL) for experimentation, and marks the achievement of a milestone along the pathway to commercial launch of its 3D liver tissue product.  Organovo achieved the milestone ahead of its April 2014 target date.  Key opinion leaders are generally experts, in this case top research scientists, in a particular field whose opinions and publications will influence practice. 

Consumer Goods Market Snapshot - Annie's Inc. (NYSE: BNNY), a leading mission driven, natural and organic foods company, closed up .87 percent on Wednesday afternoon on over 407k shares traded. Mondelez International, Inc. (NASDAQ: MDLZ), a global snacking powerhouse, closed down 2.19 percent on Wednesday on over 13.7 million shares traded. Cal-Maine Foods, Inc. (NASDAQ: CALM), the largest producer and distributor of fresh shell eggs in the United States, closed down 2.41 percent on Wednesday on over 114k shares traded.

FinancialNewsMedia.com   is leading provider of third party publishing &news dissemination services.  If you would like more information regarding our news coverage solutions, please visithttp://www.financialnewsmedia.com   for more details.  Get an edge on the market with ourPremium News Alerts   that are FREE for a limited time athttp://www.financialnewsmedia.com/.  Follow us on Facebook:  http://www.facebook.com/financialnewsmedia   and Twitter:http://twitter.com/FNMgroup.   Sign up for our FREE SMS News alerts delivered directly to your mobile phone by texting the word PRESS to 545454.  (SMS alerts are free, however data rates may apply, check your wireless plan for details.)

DISCLAIMER:  FN Media Group LLC (FNMG) is a third party publisher and news dissemination service provider, which disseminates electronic information through multiple online media channels.  FNMG is NOT affiliated in any manner with any company mentioned herein.  FNMG and its affiliated companies are a news dissemination and financial marketing solutions provider and are NOT a registered broker/dealer/analyst/adviser, holds no investment licenses and may NOT sell, offer to sell or offer to buy any security.  FNMG's market updates, news alerts and corporate profiles are NOT a solicitation or recommendation to buy, sell or hold securities.  The material in this release is intended to be strictly informational and is NEVER to be construed or interpreted as research material.  All readers are strongly urged to perform research and due diligence on their own and consult a licensed financial professional before considering any level of investing in stocks.  The companies that are discussed in this release may or may not have approved the statements made in this release.  FNMG is not liable for any investment decisions by its readers or subscribers.  Investors are cautioned that they may lose all or a portion of their investment when investing in stocks.  FNMG has been compensated seven hundred fifty dollars for RiceBran Technologies news coverage by the Company.

FNMG HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE.  

This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may", "future", "plan" or "planned", "will" or "should", "expected," "anticipates", "draft", "eventually" or "projected". You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company's annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and FNMG undertakes no obligation to update such statements.

Contact Information:
Company:  FN Media Group, LLC
Contact email:  [email protected]
U.S. Phone: 1(954)345-0611
URL: http://www.financialnewsmedia.com

SOURCE FN Media Group LLC

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
"We're here to tell the world about our cloud-scale infrastructure that we have at Juniper combined with the world-class security that we put into the cloud," explained Lisa Guess, VP of Systems Engineering at Juniper Networks, in this SYS-CON.tv interview at 20th Cloud Expo, held June 6-8, 2017, at the Javits Center in New York City, NY.
Historically, some banking activities such as trading have been relying heavily on analytics and cutting edge algorithmic tools. The coming of age of powerful data analytics solutions combined with the development of intelligent algorithms have created new opportunities for financial institutions. In his session at 20th Cloud Expo, Sebastien Meunier, Head of Digital for North America at Chappuis Halder & Co., discussed how these tools can be leveraged to develop a lasting competitive advantage ...
In his session at 20th Cloud Expo, Mike Johnston, an infrastructure engineer at Supergiant.io, discussed how to use Kubernetes to set up a SaaS infrastructure for your business. Mike Johnston is an infrastructure engineer at Supergiant.io with over 12 years of experience designing, deploying, and maintaining server and workstation infrastructure at all scales. He has experience with brick and mortar data centers as well as cloud providers like Digital Ocean, Amazon Web Services, and Rackspace. H...
The question before companies today is not whether to become intelligent, it’s a question of how and how fast. The key is to adopt and deploy an intelligent application strategy while simultaneously preparing to scale that intelligence. In her session at 21st Cloud Expo, Sangeeta Chakraborty, Chief Customer Officer at Ayasdi, will provide a tactical framework to become a truly intelligent enterprise, including how to identify the right applications for AI, how to build a Center of Excellence to ...
You know you need the cloud, but you’re hesitant to simply dump everything at Amazon since you know that not all workloads are suitable for cloud. You know that you want the kind of ease of use and scalability that you get with public cloud, but your applications are architected in a way that makes the public cloud a non-starter. You’re looking at private cloud solutions based on hyperconverged infrastructure, but you’re concerned with the limits inherent in those technologies.
As businesses adopt functionalities in cloud computing, it’s imperative that IT operations consistently ensure cloud systems work correctly – all of the time, and to their best capabilities. In his session at @BigDataExpo, Bernd Harzog, CEO and founder of OpsDataStore, presented an industry answer to the common question, “Are you running IT operations as efficiently and as cost effectively as you need to?” He then expounded on the industry issues he frequently came up against as an analyst, and ...
SYS-CON Events announced today that Massive Networks will exhibit at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Massive Networks mission is simple. To help your business operate seamlessly with fast, reliable, and secure internet and network solutions. Improve your customer's experience with outstanding connections to your cloud.
DevOps is under attack because developers don’t want to mess with infrastructure. They will happily own their code into production, but want to use platforms instead of raw automation. That’s changing the landscape that we understand as DevOps with both architecture concepts (CloudNative) and process redefinition (SRE). Rob Hirschfeld’s recent work in Kubernetes operations has led to the conclusion that containers and related platforms have changed the way we should be thinking about DevOps and...
All organizations that did not originate this moment have a pre-existing culture as well as legacy technology and processes that can be more or less amenable to DevOps implementation. That organizational culture is influenced by the personalities and management styles of Executive Management, the wider culture in which the organization is situated, and the personalities of key team members at all levels of the organization. This culture and entrenched interests usually throw a wrench in the work...
Given the popularity of the containers, further investment in the telco/cable industry is needed to transition existing VM-based solutions to containerized cloud native deployments. The networking architecture of the solution isolates the network traffic into different network planes (e.g., management, control, and media). This naturally makes support for multiple interfaces in container orchestration engines an indispensable requirement.
SYS-CON Events announced today that Datera, that offers a radically new data management architecture, has been named "Exhibitor" of SYS-CON's 21st International Cloud Expo ®, which will take place on Oct 31 - Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Datera is transforming the traditional datacenter model through modern cloud simplicity. The technology industry is at another major inflection point. The rise of mobile, the Internet of Things, data storage and Big...
Everything run by electricity will eventually be connected to the Internet. Get ahead of the Internet of Things revolution and join Akvelon expert and IoT industry leader, Sergey Grebnov, in his session at @ThingsExpo, for an educational dive into the world of managing your home, workplace and all the devices they contain with the power of machine-based AI and intelligent Bot services for a completely streamlined experience.
Because IoT devices are deployed in mission-critical environments more than ever before, it’s increasingly imperative they be truly smart. IoT sensors simply stockpiling data isn’t useful. IoT must be artificially and naturally intelligent in order to provide more value In his session at @ThingsExpo, John Crupi, Vice President and Engineering System Architect at Greenwave Systems, will discuss how IoT artificial intelligence (AI) can be carried out via edge analytics and machine learning techn...
FinTechs use the cloud to operate at the speed and scale of digital financial activity, but are often hindered by the complexity of managing security and compliance in the cloud. In his session at 20th Cloud Expo, Sesh Murthy, co-founder and CTO of Cloud Raxak, showed how proactive and automated cloud security enables FinTechs to leverage the cloud to achieve their business goals. Through business-driven cloud security, FinTechs can speed time-to-market, diminish risk and costs, maintain continu...
In his session at @ThingsExpo, Arvind Radhakrishnen discussed how IoT offers new business models in banking and financial services organizations with the capability to revolutionize products, payments, channels, business processes and asset management built on strong architectural foundation. The following topics were covered: How IoT stands to impact various business parameters including customer experience, cost and risk management within BFS organizations.