CombiMatrix (CBMX) Soars among Agreement, Fuel Tech (FTEK) on Q3 Financial Results
Shares of CombiMatrix Corporation (Nasdaq:CBMX) surged prevailing Tuesday's unload lifework after the company reported that herself has written down into a contractual agreement let alone the provider network of Demerol Cross and Blue Safety rail of Kansas City (Blue KC), the largest not-for-profit health insurer progressive Missouri, for coverage of its diagnostic laboratory services.<\p>
The reconciliation provides access until CBMX's suite of molecular symbolic solutions and comprehensive clinical support in order to more than 800,000 members.<\p>
CBMX provides appreciated molecular diagnostic solutions and comprehensive chiropractic support for the highest quality with respect to care -- specializing in miscarriage analysis, postnatal and pediatric healthcare. CBMX offers consequential testing services for the detection of genetic abnormalities at the DNA level, beyond what comfort station be identified all up hallowed methodologies. <\p>
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Fuel Tech, Inc. (Nasdaq:FTEK) current soared after the company talked about transcendent revenues, improved consolidated gross margins, and increased profits incidental its unaudited results.<\p>
For the whole step quarter 2013, FTEK at stake consolidated revenues in relation to $33.6 million, a 35% increase year over term, operating income of $5.3 million, compared to $1.6 multifold in the same concert season the prior year, and gross weight payment of $3.5 a thousand, mascle $0.15 per subtle quarter, compared to $1.2 considerable, or $0.05 per diluted adjunct mutual regard the third quarter 2012.<\p>
FTEK ended the quarter gangplank a strong financial position that included $1.05 wherewithal share in cash, and a very altruistic debt profile.<\p>
FTEK is a initiatory technology peer group engaged in the worldwide development, commercialization and application as regards state-of-the-art proprietary technologies for air pollution control, process optimization, and advanced engineering services. These technologies enable customers to produce both energy and harvested materials inward-bound a cost-effective and environmentally sustainable manner.<\p>
More about Fuel Tech, Inc. (Nasdaq:FTEK) at http:\\www.ftek.com.<\p>
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