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MEDTOX (Nasdaq: MTOX) Announces Agreement to Join LabCorp

MEDTOX (Nasdaq: MTOX) Announces Agreement to Join LabCorpOrlando, FL 6/4/12 (StreetBeat) -- MEDTOX Scientific, Inc. (Nasdaq:MTOX), a provider of high quality specialized laboratory testing services and on-site/point-of-collection testing (POCT) devices, today announced that it had entered into a definitive merger agreement with Laboratory Corporation of America(R) Holdings (NYSE:LH). Under the terms of the agreement, LabCorp would acquire MEDTOX...more

Forestar Group Inc (NYSE:FOR) to buy Credo Petroleum Corp (Nasdaq:CRED) for $146 million

Forestar Group Inc (NYSE:FOR) to buy Credo Petroleum Corp (Nasdaq:CRED) for $146 millionOrlando, FL 6/4/12 (StreetBeat) -- Natural resources company Forestar Group Inc (NYSE:FOR) will buy Credo Petroleum Corp (Nasdaq:CRED) for $146 million in cash.Forestar will pay Credo shareholders $14.50 per share, a 33 percent premium to the stock's Friday close of $10.86 on the Nasdaq.The deal is expected to close in the second...more

Aeolus Pharmaceuticals (OTCBB: AOLS) Reduces Lung Damage Following Radiation Exposure

Aeolus Pharmaceuticals (OTCBB: AOLS) Reduces Lung Damage Following Radiation ExposureAtlanta, GA 6/4/12 (StreetBeat) -- Aeolus Pharmaceuticals, Inc. (OTCBB: AOLS), a biotechnology company leveraging significant government funding to develop a platform of novel compounds in oncology and biodefense, announced Friday additional results from a study of AEOL 10150 and Neupogen® conducted by Christie Orschell, PhD, of Indiana...more

Universal Tracking Solutions (PK: UTRK) Record First Quarter Results of 2012

Universal Tracking Solutions (PK: UTRK) Record First Quarter Results of 2012Atlanta, GA 6/4/12 (StreetBeat) -- Universal Tracking Solutions (Pinksheets:UTRK), a fleet management GPS information and tracking provider, today announced financial results for the quarter ended March 31, 2012.The company announced record sales results for its fiscal 2012 first quarter ending March 31st, 2012. The company reported revenue of $318,478 and...more

3 Things to Know Before Trading

3 Things to Know Before TradingAtlanta, GA 6/4/12 (StreetBeat) -- Stocks were quite weak in Asian trade. Shanghai fell two and three quarters percent, the Hang Seng and Australia were both down two percent, while the Nikkei was off 1.7%. European indexes are mixed this morning, with the Dax and Footsie both down about one percent, but Spain is higher by more than two percent. US stock futures are up a slight fraction as I write. *German Chancellor Merkel and European Commission...more

Aeolus Pharmaceuticals (OTCBB: AOLS) Reduces Lung Damage Following Radiation Exposure

Aeolus Pharmaceuticals (OTCBB: AOLS) Reduces Lung Damage Following Radiation ExposureAtlanta, GA 6/4/12 (StreetBeat) -- Aeolus Pharmaceuticals, Inc. (OTCBB: AOLS), a biotechnology company leveraging significant government funding to develop a platform of novel compounds in oncology and biodefense, announced Friday additional results from a study of AEOL 10150 and Neupogen® conducted by Christie Orschell, PhD, of Indiana...more

Universal Tracking Solutions (PK: UTRK) Record First Quarter Results of 2012

Universal Tracking Solutions (PK: UTRK) Record First Quarter Results of 2012Atlanta, GA 6/4/12 (StreetBeat) -- Universal Tracking Solutions (Pinksheets:UTRK), a fleet management GPS information and tracking provider, today announced financial results for the quarter ended March 31, 2012.The company announced record sales results for its fiscal 2012 first quarter ending March 31st, 2012. The company reported revenue of $318,478 and...more

3 Things to Know Before Trading

3 Things to Know Before TradingAtlanta, GA 6/4/12 (StreetBeat) -- Stocks were quite weak in Asian trade. Shanghai fell two and three quarters percent, the Hang Seng and Australia were both down two percent, while the Nikkei was off 1.7%. European indexes are mixed this morning, with the Dax and Footsie both down about one percent, but Spain is higher by more than two percent. US stock futures are up a slight fraction as I write. *German Chancellor Merkel and European Commission...more

MEDTOX (Nasdaq: MTOX) Announces Agreement to Join LabCorp

MEDTOX (Nasdaq: MTOX) Announces Agreement to Join LabCorpOrlando, FL 6/4/12 (StreetBeat) -- MEDTOX Scientific, Inc. (Nasdaq:MTOX), a provider of high quality specialized laboratory testing services and on-site/point-of-collection testing (POCT) devices, today announced that it had entered into a definitive merger agreement with Laboratory Corporation of America(R) Holdings (NYSE:LH). Under the terms of the agreement, LabCorp would acquire MEDTOX...more

Forestar Group Inc (NYSE:FOR) to buy Credo Petroleum Corp (Nasdaq:CRED) for $146 million

Forestar Group Inc (NYSE:FOR) to buy Credo Petroleum Corp (Nasdaq:CRED) for $146 millionOrlando, FL 6/4/12 (StreetBeat) -- Natural resources company Forestar Group Inc (NYSE:FOR) will buy Credo Petroleum Corp (Nasdaq:CRED) for $146 million in cash.Forestar will pay Credo shareholders $14.50 per share, a 33 percent premium to the stock's Friday close of $10.86 on the Nasdaq.The deal is expected to close in the second...more

Monday's Top Gaining stocks

Monday's Top Gaining stocksPalm Beach, FL 6/4/12 (StreetBeat) -- Following are some of the U.S. stocks making sizable moves ahead of Monday’s open on Wall Street:GainersAutoNation Inc. (NYSE:AN +1.00%) shares rose 5.7%. Earlier Monday, the retailer reported sales of new vehicles in May rose 45%.Auxilium Pharmaceuticals Inc. (Nasdaq:AUXL +9.13%) shares rallied 20% in the preopen. Early Monday, the company reported positive top-line Phase III trial results for Xiaflex as a...more

Cleveland BioLabs (Nasdaq: CBLI) Reports Strong Survival Results

Cleveland BioLabs (Nasdaq: CBLI) Reports Strong Survival ResultsOrlando, FL 6/4/12 (StreetBeat) -- Cleveland BioLabs, Inc. (Nasdaq:CBLI) today announced strong survival results for its randomized, blinded, placebo-controlled efficacy study of CBLB502 in 179 non-human primates (NHPs) conducted under Good Laboratory Practice (GLP) with elements of Good Clinical Practice (GCP), as required by the U.S. Food and Drug Administration's (FDA) Animal...more

Galena Bio (Nasdaq: GALE) NeuVax Phase 1/2 boosters improve disease-free survival at 60 month

Galena Bio (Nasdaq: GALE) NeuVax Phase 1/2 boosters improve disease-free survival at 60 monthNorthern, WI 6/4/12 (StreetBeat) -- Galena Biopharma (Nasdaq:GALE), a biotechnology company focused on developing innovative, targeted oncology treatments addressing major unmet medical needs to advance cancer care, presented data from the Phase 1/2 clinical trial of NeuVax(TM) (E75) at the American Society of Clinical Oncology...more

Salesforce (NYSE: CRM), Facebook (Nasdaq: FB) among tech decliners

Salesforce (NYSE: CRM), Facebook (Nasdaq: FB) among tech declinersShawshank, VA 6/4/12 (StreetBeat) -- Tech stocks hunted for direction Monday, with Salesforce.com Inc. making some waves after said it would acquire social-media marketing software company Buddy Media for nearly $700 million.Among the sector’s equity benchmarks, the Nasdaq Composite Index held nearly flat, while the Philadelphia Semiconductor Index and the Morgan...more

CytRx (Nasdaq: CYTR) falls 12% in morning trading

CytRx (Nasdaq: CYTR) falls 12% in morning tradingShawshank, VA 6/4/12 (StreetBeat) -- Shares of CytRx Corp. (Nasdaq: CYTR) fell 12% to $3.41 early Monday, the day after the biotech group reported data from a Phase Ib/II clinical trial for its oncology compound INNO-206 in the treatment of advanced soft-tissue sarcoma. CytRx plans to hold a conference call with investors Monday morning to discuss the results.Please contact www.thestreetbeat.com for interest...more

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