InvestSource, Inc.: Anviron Holding Company Announces Deployment of Teams to Texas
Sep 15, 2008 (M2 PRESSWIRE via COMTEX) --
Companies: Anviron Holding Co/The (ANVH), Converted Organics Inc (COIN), Converted Organics Inc (COINU), Monsanto Co. (MON), Sigma-Aldrich Corp. (SIAL)
Stocks in the News: Anviron Holding Company (PINKSHEETS: ANVH), Converted Organics Inc. (NASDAQ: COIN), Monsanto (NYSE: MON), Sigma-Aldrich (NASDAQ: SIAL)
Sep 12, 2008 -- The Anviron Holding Company (PINKSHEETS: ANVH), a manufacturer and marketer of "Clean & Green" products and technology, today announced the repositioning of its environmental damage and restoration teams to Southwest Houston in preparation of Hurricane Ike making landfall in Texas over the weekend. As the waves from Hurricane Ike come closer to shore and the Texas beach communities prepare for massive erosion damage, homeowners are scrambling to figure out what to do when the public beaches recede into the Gulf and private property is placed directly in harm's way. Places like Surfside, Texas have seen some of the worst erosion on the Gulf coast in recent years and they face the wrath of Hurricane Ike without any natural protections. The Dunes are gone, salt grass missing and the homes sit at the water's edge on stilts. Anviron's damage assessment teams are preparing to enter the area shortly after the hurricane and assist in damage assessment for the local, state and federal governments. Our assessment teams have spent the last three weeks going up and down the east coast and in the vicinity of New Orleans evaluating the storm damage from Tropical Storm Hanna and Hurricane Gustov for the development of next year's project proposals. Beach erosion damage in Florida, Georgia, South and North Carolina's have been estimated at more than $312.6 million. FEMA officials had asked for a rough estimate, as a potential starting point for the damage costs. Example of some of the worst damage is in the area around New Smyrna Beach, Florida were they lost about 50 feet width of beach from the storm, said Volusia coastal division director Joe Nolin. Anviron's proprietary technology has been designed over the last 11 years to directly fix the problems and circumstances surrounding the eroded and highly saline property caused by Hurricanes and winter storms surge and extensive wave action. "Our people have been repositioned to SW Houston to again assist in the assessment of damage caused by these storms," said Mark Whitermore -- Marketing and Sales Manager for Anviron.
Sep 11, 2008 -- Converted Organics Inc. (NASDAQ: COIN) announced today that it has established a licensing division in response to market demand for the Company's proprietary High Temperature Liquid Composting (HTLC) technology, a proven, state-of-the-art microbial digestion technology that processes various biodegradable food waste products into liquid and solid organic-based fertilizer. "The option to license our HTLC technology affords Converted Organics the flexibility to expand our client base by pursuing opportunities in overseas markets, as well as those related to special applications for corporate clients with unique waste streams," said Edward J. Gildea, President of Converted Organics. "This strategic expansion of our business reflects the industry's continued, growing interest in Converted Organics' technology and products." Converted Organics became the exclusive owner of the HTLC system, which has been successfully producing high-quality commercial products for more than ten years, in early 2008 when it acquired Waste Recovery Industries, a company specializing in the design, manufacture and installation of advanced microbiological processes for solving organic waste disposal problems.
Sep 11, 2008 -- Scientists at Monsanto (NYSE: MON) are a step closer to further unlocking the yield potential of corn to help enable each seed to increase its ability meet the world's growing demand for food, feed and fuel. The company announced today it has produced a genetic blueprint of one of its top-performing elite female corn lines. The scientific achievement, important for developing better-performing corn seeds for farmers, was made through the use of high throughput DNA sequencing methods, as well as data generated by the recently completed maize genome project. "These sequencing efforts will not only identify preferred genes for our research and development pipelines, but move us into a high-definition molecular breeding era that uses a combination of sequence and markers to derive future higher-yielding hybrids globally," said Monsanto Chief Technology Officer Dr. Robert Fraley. High throughput sequencing methods enable scientists to rapidly identify variations in the genomes of complex organisms. In health care, for example, high throughput sequencing aids in the discovery of gene variants that can lead to development of new medicines. "In agriculture, high throughput sequencing has the potential to provide an unprecedented level of detail about our current market-leading hybrids and to point us in the direction of meeting Monsanto's commitment to double yields in our core crops by 2030," said Fraley.
Sep 11, 2008 -- Sigma-Aldrich (NASDAQ: SIAL) announced today that it has entered into an exclusive agreement with IsoSciences, LLC, to distribute isotopically labeled bioactive compounds and their metabolites through its Aldrich division. IsoSciences, a leading stable isotope company, provides a wide array of biological compounds and custom synthesis products. Aldrich, provider of ISOTEC Stable Isotopes, is a leader in manufacturing and providing stable isotope products for biomolecular NMR, proteomics, metabolic and MRI research. Under the terms of the agreement, IsoSciences will be the exclusive provider to Aldrich for their stable isotope products listed in the agreement. These products include deuterated, 13C and 15N labeled vitamins, steroids, and other bioactive compounds used in metabolic research. Nutrition and metabolic research investigates the relationships among diet, health and diseases by nutrient interactions with various metabolic pathways, bioavailability and nutrient analysis. These stable isotope products will be an addition to the extensive list of unlabeled bioactive compounds provided by Sigma-Aldrich. "A new partnership with IsoSciences will allow Sigma-Aldrich to provide new stable isotope product lines to support our customers' research," said Dr. C.T. Tan, ISOTEC Stable Isotope's R&D Manager. "This collaboration offers a new range of labeled bioactive compounds for our ever expanding customer base."
Market Wrap for September 12th, 2008
The stock market struggled to make headway Friday. Buyers found little motivation to enter the market as uncertainty continues to shroud the financial sector. Although solid gains were made among beaten-down commodities stocks their influence was too small to lift the broader market in material fashion. Financials finished the session as the worst performing sector, which is where it began the session. Financials were down 2.7% early, then rallied to a 0.6% gain before volatile action led the sector to close 1.0% lower. While financials fared the worst, materials and energy saw the largest gains as traders picked up depressed names. Stocks dealing in commodities have seen their shares beaten down in recent sessions amid fears a global slowdown will hamper demand. In fact, earlier this week the materials and energy sectors were at their lowest level in months. They ended the day with gains of 3.2% and 2.8%, respectively. Due to the losses seen earlier in the week, materials advanced 2.1% week-to-date, while energy concluded the week 0.7% higher. Expectations of softer demand have also been reflected in oil prices. Though hurricanes threaten production and refining facilities in the Gulf of Mexico, crude briefly dipped below the $100 mark this session. It closed just short of $101 per barrel, down roughly 0.1% this session and 31% from its July 11 high. Lackluster economic data did little to restore investor confidence. Prior to the session's opening bell it was reported August retail sales decreased 0.3%, despite expectations for a 0.2% increase. Sales during the prior month were revised lower to reflect a 0.5% decrease. Consumer spending remains on a sluggish growth path as consumers continue to face stiff headwinds. A separate report indicated encouraging inflationary data. The Producer Price Index indicated prices declined 0.9% in August, which marked a sharper downturn than economists expected. Core PPI, which excludes food and energy, increased 0.2%, which was in-line with expectations.
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News Provided by COMTEX
Companies: Anviron Holding Co/The (ANVH), Converted Organics Inc (COIN), Converted Organics Inc (COINU), Monsanto Co. (MON), Sigma-Aldrich Corp. (SIAL)
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