MagneGas Corporation (NASDAQ:MNGA) the technology company with a process that converts liquid waste into a hydrogen-based fuel said it signed a letter of intent with Florida waste-disposal provider Pioneer Recycling to test and treat liquid medical waste and expired pharmaceuticals. The agreement calls for Pioneer to provide initial testing of medical waste and expired pharmaceuticals. After that, the waste will be processed in a MagneGas recycler located at Pioneer's facility. Current treatment of medical waste includes the use of incineration systems, while MagneGas believes its process will treat waste at a lower cost and with fewer potential emission complications. Ultimately, the companies want to form a joint venture "to market a comprehensive treatment solution," MagneGas Corporation (NASDAQ:MNGA) said. "The recent Ebola outbreak underscores the need for new and more efficient ways to treat these waste streams," said Carl Dilley, CEO of Pioneer. MNGA has been trading within a 52-week range of $0.40 to $2.45.Masimo Corporation (NASDAQ:MASI) reported Tuesday that colorectal surgery patients undergoing a pre-and post-operative regimen monitored by MASI's non-invasive PVI device had shorter hospital stays. The study was presented at the American Society of Anesthesiologists meeting in New Orleans. Masimo Corporation (NASDAQ:MASI) did not release an estimate of the average decrease in length of hospital stay. The MASI PVI device measured blood constituents and physiologic parameters, and was used in conjunction with a program that included a carbohydrate drink before surgery, analgesics, low-dose spinal morphine, opiates, infusions of ketamine and lidocaine, and early mobilization after surgery.Signet Jewelers Ltd. (NYSE:SIG), a specialty retail jeweler, said Tuesday that Michael Barnes has resigned from his position as chief executive officer and from the company's board of directors, effective Oct. 31, 2014. Mark Light, currently SIG's president and chief operating officer, will succeed Barnes as CEO following his departure and will also join the company's board of directors.Signet Jewelers Ltd. (NYSE:SIG) is also reaffirming its financial guidance initiated in its Q2 earnings release on Aug. 28, 2014. The company continues to expect to report a loss between $0.11 to $0.01 in Q3. Adjusted EPS is expected to be $0.12 - $0.18, in line to below the Capital IQ consensus estimate of $0.18 EPS. Q3 same-store sales are seen up 2% - 4%. For the full year, SIG continues to see adjusted EPS of between $5.38 to $5.54, compared with forecasts for $5.50. Shares are trading with a 52-week range of $69.49 - $119.24.
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