February 2008 - Page 63 of 78

ThursdayFeb 07, 2008 7:10 am

Finisar Corporation (FSNR) Pre-Announces Third Quarter Revenue

Finisar Corporation (FNSR), a leading technology company, has pre-announced third quarter revenue. During this period, the company expects to generate record revenues of approximately $112 million, compared to the $100.7 million in revenues for the prior quarter. Furthermore, third quarter revenues are also expected to exceed previous guidance estimates of $104 to $108 million. Such an increase can be attributable to an increase in Finisar's gbps products. Sales for such units increased by a value of $29 million, up from the $11 million reported during 2007. An additional $8 million in sales were due to increased shipments of the company's…

ThursdayFeb 07, 2008 7:09 am

GeoPharma, Inc (GORX) Announces Recent Developments

GeoPharma, Inc (GORX) announced that the company has placed two recently issued research reports on their website. These reports can be accessed by visiting GeoPharma's website at www.GeoPharmainc.com and clicking the "Analyst Coverage" tab under "For Investors" section. Specifically, one research report, issued by Andre Garnet of Red Chip, established a one year price target of $8 per share. GeoPharma is to present corporate data at the Red Chip Small Cap Investor Conference in Scottsdale, AZ on Thursday, February 7th. EdgeWater, a separate independent research organization, announced a price target of $7.25 for GeoPharma stock within an 18-24 month time…

ThursdayFeb 07, 2008 7:07 am

RRsat Global Communications Network Ltd. (RRST) Shows Improvement in 2007 Fourth Quarter and Full Year

RRsat Global Communications Network Ltd. (RRST) provides global, comprehensive, content management and distribution services to the rapidly expanding television and radio broadcasting industries. Through its proprietary “RRsat Global Network,” composed of satellite and terrestrial fiber optic transmission capacity and the public Internet, RRsat is able to offer global distribution services for content providers. RRsat currently provides content services including producing and playing out TV content as well as providing satellite newsgathering services. Revenues for the fourth quarter of 2007 totaled $16.3M, an increase of 36% compared to $12.0M in the same quarter 2006. Operating income totaled $3.3M, a 70% increase…

ThursdayFeb 07, 2008 7:04 am

SportsQuest, Inc. (SPQS.OB) Announces 2008 Tour Schedule

SportsQuest, Inc (SPQS.OB), a wholly-owned subsidiary of Greens Worldwide, Inc. (GRWW.PK) has announced the 2008 schedule for the U.S. Pro Golf Tour. Throughout the year of 2008, SportsQuest has scheduled five USPGT Championships, featuring two, $1 Million events, a Pro-Celebrity Team Championship and season-ending $1 Million Tour Championship. Specifically, the events consist of: • August 18-24, 2008 - Million Dollar Invitational in Denver, CO • September 2-7, 2008 - Pro-Celebrity Team Championship in Temecula, CA • October 6-12, 2008 - Grand Palms Classic in Pembroke Pines, FL • October 13-19, 2008 - Million Dollar Challenge in Anderson, SC • December…

ThursdayFeb 07, 2008 7:02 am

DXP Enterprises, Inc. (DXPE) Announces Strategic Acquisition of Rocky Mtn. Supply, Inc.

DXP Enterprises, Inc. (DXPE) is a products and service distributor that provides pumping solutions, integrated supply and maintenance, repair, and operating and production (MROP) services. DXP announced the completion of the strategic acquisition of the assets of Rocky Mtn. Supply, Inc., a business which provides bearings, power transmission, belting, industrial and hydraulic hose, and industrial supplies. Rocky Mtn. Supply, headquartered in Greeley, Colorado, operates out of six locations in Colorado servicing the Rocky Mountain states. DXP purchased the business for approximately $4.6M, net of approximately $0.6M of acquired cash. The purchase price consists of approximately $3M paid in cash and…

ThursdayFeb 07, 2008 6:37 am

Silicon Storage Technology, Inc (SSTI) Announces $30 Million Share Repurchase Program

Silicon Storage Technology, Inc (SSTI), a leader in flash memory technology, announced that the company's Board of Directors has authorized management to repurchase up to $30 million of SST's common stock. Repurchases under the new program will be made in open market or under privately negotiated transactions in compliance with Securities and Exchange Commission Rule 10b-18. Furthermore, SSTI's repurchase program will still be subject to market conditions, applicable legal requirements and other factors. SST expects to use cash and assets on hand to fund the repurchases. This program does not obligate SST to acquire shares at any particular price per…

ThursdayFeb 07, 2008 6:36 am

HearAtLast Holdings, Inc (HRAL.PK) Announces New Board of Directors Member

HearAtLast Holdings, Inc (HRAL.PK) announced that the company has appointed Mr. Louie Mele, President of McDonald's Restaurants of Canada Ltd, to their Board of Directors. Currently, HearAtLast Holdings, Inc operates under a master licensing agreement with Wal-Mart Canada. This licensing agreement will allow HearAtLast to open numerous hearing-aid clinics within Wal-Mart supercenters. Previously, McDonald's signed an agreement with Wal-Mart Canada Corp, similar to the deal established with HearAtLast. Matteo Sacco, CEO of HearAtLast, stated, "Louie Mele brings with him a tremendous amount of knowledge and experience from his tenure at the world's largest and perhaps most well-known fast food restaurant.…

ThursdayFeb 07, 2008 6:35 am

Insmed, Inc (INSM) Launches National Awareness Campaign

Insmed, Inc (INSM), a leading developer of biopharmaceuticals, announced that the company has launched a broad educational campaign. This educational campaign is focused on the importance of establishing a regulatory pathway in the U.S. for large molecule protein-based drugs. Insmed has launched a number of public initiatives to promote the awareness of such a need. If Congress is to establish a separate pathway for the approval of FOBs, access to drugs would increase and the costs for each prescription would decrease. Currently, Europe has a specific scientific, regulatory, and legal framework for the approval of small-molecule generic drugs. However, no…

ThursdayFeb 07, 2008 6:33 am

Worldwide Manufacturing USA Inc. (WWMU.OB) Stock Owns Four Manufacturing Business Subsidiaries in China

It is not common to find Over-the-Counter (OTC) stock from California with four operating subsidiaries in China. A return of average equity in excess of 25% over the past four quarters makes this company even more interesting from a stock investment perspective. Deeper analysis leads to further reassurances about future stock value. The company is involved in making air-conditioners for automobiles. It has separate operations for producing electronic components and for making and machining dies. Since China has been at the center of so many quality failures during 2007, it is interesting to know that the company has a separate…

ThursdayFeb 07, 2008 6:30 am

Echo Therapeutics Inc. (ECTE.OB) Contributes Enormous Healthcare Business Value

Regulatory approval marks a major milestone for investors exploring the business environment for exceptional stock opportunities in the healthcare sector. Individuals and teams get brilliant ideas all the time, but only a tiny fraction of them make it past the eagle eyes of the US Food and Drug Administration (FDA). Here is a loss-making company with a novel technology that has passed all the stringent and exhaustive steps towards FDA approval. The FDA does not consider economics, so investors must normally contend with the risk of infeasible selling prices or inadequate margins when buying stock on the basis of regulatory…

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Month: February 2008