Lvlt, Onxx, Dptr, Ssho.pk Making Head Way In Todays Market - Pennytobuck.com
South Shore Resources Inc
South Shore Resources Inc. (Pinksheets:SSHO) reported that it has conducted independent third party evaluation, testing and verification of the HyProStar Series of Hydrogen Generating Modules. The objective of the evaluation and test was to evaluate, test and verify the impact that the HyProStar Series of Hydrogen Generating Modules has on fuel economy and fuel efficiency. The results of the evaluation and testing indicated and verified by DaSilva Racing are that the HyProStar Series of Hydrogen Generating Modules have increased in fuel economy and fuel efficiency. South Shore believes that its HyProStar Series of Hydrogen Generating Modules are an obvious aftermarket alternative to Rising Fuel Prices and Harmful Greenhouse Gases.
Delta Petroleum Corporation (Nasdaq:DPTR), an independent oil and gas exploration and development company, announced today that it has entered into a Purchase and Sale Agreement (PSA) with Wapiti Oil & Gas, L.L.C. (Wapiti) to sell various non-core assets for $130 million. The parties expect to consummate the transaction in August. Delta Petroleum Corporation is an oil and gas exploration and development company based in Denver, Colorado. The Company's core areas of operations are the Rocky Mountain and Gulf Coast Regions, which comprise the majority of its proved reserves, production and long-term growth prospects.
Onyx Pharmaceuticals, Inc. (Nasdaq:ONXX) today announced positive top-line results from the Phase 2b 003-A1 study of single-agent carfilzomib, a selective, next generation proteasome inhibitor, in patients with relapsed and refractory multiple myeloma. In an independent review of the data, carfilzomib achieved an overall response rate (partial response or greater) of 24 percent and a median duration of response of 7.4 months in patients who entered the study after receiving a median of five prior lines of therapy (corresponding to a median of 13 anti-myeloma agents) and whose disease was refractory to their last therapeutic regimen. The clinical benefit rate (minimal response or greater) in the study population was 36 percent. Carfilzomib was well-tolerated and there were no new or unexpected toxicities observed. Full results of the trial will be presented at an upcoming scientific meeting. Based on these results, Onyx is continuing discussions with the U.S. Food and Drug Administration (FDA) regarding next steps in filing a new drug application (NDA) for carfilzomib, which the company expects to submit by year-end 2010 for potential accelerated approval in the U.S.
Level 3 Communications, Inc. (NASDAQ:LVLT) announced that it has been selected to upgrade network, voice and data services for Lebanon, Penn.-based Jonestown Bank & Trust (JBT). Under the terms of the contract, Level 3 which currently provides frame-relay services to JBT will increase the bandwidth it delivers for JBTs voice and data services, and will also provide MPLS-based virtual private network (VPN) services to JBTs nine Pennsylvania branch locations spread throughout Jonestown, Lebanon, Grantville, Newmanstown, Cleona and Palmyra. Level 3 Communications, Inc. (NASDAQ:LVLT) is a leading international provider of fiber-based communications services. Enterprise, content, wholesale and government customers rely on Level 3 to deliver services with an industry-leading combination of scalability and value over an end-to-end fiber network. Level 3 offers a portfolio of metro and long-haul services, including transport, data, Internet, content delivery and voice. For more information, visit www.Level3.com.
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