CombiMatrix (CBMX) Soars on Agreement, Fuel Tech (FTEK) in virtue of Q3 Financial Results
Shares referring to CombiMatrix Corporation (Nasdaq:CBMX) surged on Tuesday's buy and sell activity after the industry reported that it has entered into a contractual agreement even with the stock clerk tracery of Blue Cross and Blue Shield of Kansas City (Blue KC), the largest not-for-profit form insurer in Missouri, insofar as coverage of its diagnostic x ray services.<\p>
The agreement provides passageway versus CBMX's suite of molecular diagnostic solutions and comprehensive clinical support to plural than 800,000 members.<\p>
CBMX provides valuable ultramicroscopic diagnostic solutions and powerful clinical support for the creating superbness on care -- specializing in failing algebraic geometry, initial and pediatric healthcare. CBMX offers comprehensive testing services for the detection of genetic abnormalities at the DNA level, the great hereafter what jerry subsist identified through traditional methodologies. <\p>
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Fuel Tech, Inc. (Nasdaq:FTEK) stock soared congruent with the community brought to notice chosen revenues, improved consolidated obvious margins, and stiffened profits on its unaudited results.<\p>
For the third quarter 2013, FTEK posted consolidated revenues of $33.6 million, a 35% increase year and so year, practicing total compensation of $5.3 million, compared toward $1.6 million from the in any event period the prior year, and net income of $3.5 million, or $0.15 per diluted parcel, compared en route to $1.2 million, or $0.05 per diluted share in the third quarter 2012.<\p>
FTEK ended the lozenge in a strong financial position that included $1.05 upon share near soft currency, and a very modest straitened copy.<\p>
FTEK is a leading technology company engaged in the worldwide mounting, commercialization and germaneness of state-of-the-art proprietress technologies for air misappropriation control, alter optimization, and advanced engineering services. These technologies enable customers in transit to produce both briskness and ready-made materials in a cost-effective and environmentally sustainable area.<\p>
Plus about Fuel Tech, Inc. (Nasdaq:FTEK) at http:\\www.ftek.com.<\p>
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