Mississauga, ON -- (SBWIRE) -- 01/27/2016 -- AllPennyStocks.com Media, Inc. (http://www.AllPennyStocks.com/) announces its latest article titled "Rx Safes Signs Licensing Agreement, Shares Higher On News."
Companies mentioned in this article include Rx Safes Inc. (OTCQB:RXSF).
Stocks have turned sharply lower in trading today as a fresh slide in oil prices has once again weighed down investors' sentiment. Investors are also cautious ahead of the release of the Federal Reserve's monetary policy statement.
The Fed concludes its two-day monetary policy meeting today and will release a statement shortly. The Fed is unlikely to make any changes to its monetary policy after hiking benchmark interest rates for the first time in almost a decade at its last meeting.
While the broader market has come under selling pressure, some stocks have bucked the trend. Rx Safes Inc. (OTCQB:RXSF) is one such stock. Based in Henderson, Nevada, Rx Safes is engaged in the design, development, engineering and marketing of fingerprint medical security storage solutions for consumers and healthcare professionals. The company provides biometric medical security solutions in the new targeted sector of prescription (Rx) and over-the-counter (OTC) drug security, providing solutions to address Rx and OTC drug diversion and abuse.
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