May 2008 - Page 24 of 67

TuesdayMay 20, 2008 4:28 am

PowerSafe Technology Corp. (PWSF.OB) Announces QualityStocks.net Coverage

PowerSafe Technology Corp. will be featured in upcoming Daily Newsletters, Daily Blogs, Message Boards, and the Small Cap Daily Internet broadcasts put out by QualityStocks. QualityStocks has over 600,000 subscribers to The Daily Stock Newsletter, which is a free service that collects data from hundreds of Small-Cap and Micro-Cap online Investment Newsletters and puts it all into one Free Daily Newsletter Report. In April '08, PowerSafe Technology entered into a merger agreement with Amplification Technologies, Inc. Amplification's scientists have invented, patented and developed an extremely sensitive photodetector technology that brings the benefits of solid state technology to one of the…

TuesdayMay 20, 2008 3:59 am

Kadant Inc. (KAI) Management Exudes Business Confidence with Aggressive Share Repurchase Plan

The management, after spending $15 million to buy back shares, has decided to spend another $30 million for the same purpose. Institutions already hold almost all of the nearly 14 million shares. The move signals unqualified confidence in the future of the business. It should make all investors anxious for reliable stocks in today’s uncertain market conditions look at this corporation from Westford, MA. The stock is a part of the Miscellaneous Capital Good Industry, but its core strength lies in paper recycling. This is already an established need in environmentally aware markets, and trends in paper prices imply that…

TuesdayMay 20, 2008 3:56 am

Peerless Manufacturing Company (PMFG) Helps Make Business Green

Many mature industries find it hard to deal with new environmental conservation standards. Specialist producers that are new market entrants also value outsourced pollution abatement solutions. Regulatory and social pressures to protect the environment grow by the day. There is therefore no dearth of customers for this small capital corporation from Dallas, TX. The company has the technological capability to deal with harmful air emissions, as well as with liquid discharges. It can handle everything from design to fabrication and installation. It has a subsidiary in Canada, apart from the Texas base. It serves industrial clients around the world. It…

TuesdayMay 20, 2008 3:54 am

Optical Cable Corp. (OCCF) Represents a Rare Stock Investment Opportunity

Optical Cable Corp.'s stock price appears to be an incredible bargain at merely $5.11 a share at the beginning of the third week of May 2008. The Price to Earnings Ratio is less than 13. The company, based in Roanoke, VA, is a pioneer in the dynamic optical cable segment. It may be one of the best stock investment opportunities in the Basic Materials Sector. The U.S. military has been one of the biggest consumers for optical cables. Defense demands will continue to grow into the foreseeable future because battlefields depend increasingly on electronic communications. However, it is the spread…

TuesdayMay 20, 2008 3:51 am

USA Superior Energy Holdings, Inc. (USSU.OB) Corporate Profile

USA Superior Energy Holdings, Inc. (USSU.OB), a Houston based energy company, is focused on utilizing next-generation technology to enhance the oil and gas recovery (EOR) rates in shallow oil and gas fields. Rather than exploring for new sites, the company intends to concentrate on revitalizing production at existing well sites. Cased Hole Horizontal Drilling (CHHD) is a technique that can increase the “communication” from the wellbore to the fluids contained in the reservoir by opening up new fractures. The technique can be utilized at both fractured and low permeability reservoirs. Small holes are made in a portion of the casing…

TuesdayMay 20, 2008 3:49 am

Watson Wyatt Worldwide, Inc. (WW) Reports Third Quarter Earnings per Share of $0.96, up 26 Percent from Prior Year

Watson Wyatt Worldwide, Inc. (NYSE: WW), a leading international human capital and financial management consulting firm, recently announced financial results for the third quarter of fiscal year 2008, which ended March 31, 2008. Watson Wyatt Worldwide performed well during the third quarter, as the company continued to benefit from its global, diversified platform and reported earnings per share of $0.26, a 26 percent increase from the same period last year. Revenues reached $457.5 million for the quarter, a year-over-year increase of 16 percent. Excluding the impact of acquisitions and changes in foreign exchange rates, revenues increased 6 percent from the…

TuesdayMay 20, 2008 3:47 am

Dynegy, Inc. (DYN) Posts First-Quarter Loss

Dynegy, Inc. (NYSE: DYN), through its subsidiaries, engages in the production and sale of electric energy on a wholesale basis from its natural gas-fired, coal-fired, and oil-fired power generation facilities. The company recently announced a first-quarter loss of $152 million, or 18 cents per share, compared with a profit of $14 million, or 3 cents per share, during the same time period one year earlier. Dynegy Inc. attributes its first-quarter loss to surging power prices, which forced the company to post losses on forward contracts. Excluding special items and mark-to-market losses, the company earned 3 cents per share and generated…

MondayMay 19, 2008 4:27 pm

OTCPicks Featured Company: Enzyme Environmental Solutions, Inc. (EESO.PK) Signs Agreement to Become a Distributor of an Energy Drink

Enzyme Environmental Solutions, Inc. (OTC: EESO) announced that they have finalized an agreement to be the primary distributor for Potencia Energy Drink across the Midwest. The company will continue to keep their contracts in the convenience store industry, as was stated by the company's CEO Jared Hochstedler. Potencia Energy Drink's market is found mostly in Mexico, as the company has distribution agreements and supplies all of the major retail chains in Mexico. With the Hispanic energy drink market growing rapidly in the United States, the company is looking to grow with it as well. Brian Weber, Co-Owner of Potencia, commented…

MondayMay 19, 2008 4:25 pm

DryShips Inc. (DRYS) Reports First Quarter Results, Beats Analysts’ Net Income Estimates by 8 Cents per Share

DryShips Inc. (DRYS), the largest publicly traded global operator of dry bulk carriers, reported first quarter results that topped analysts’ estimates. The company reported net income of $176.3 million or $4.61 per share, which included a gain of $24.4 million or $0.64 per share on the sale of one vessel and a non-cash loss of $6.1 million or $0.16 per share on interest rate swap valuations. Excluding these one-time items, DryShips earned $4.13 per share vs. $4.05 consensus on revenues of $232.1 million vs. estimates of $218.6 million. “We remain confident in the positive fundamentals of the dry bulk market,”…

MondayMay 19, 2008 4:23 pm

IceWeb, Inc. (IWEB.OB) Receives Refinance Commitment Letter

IceWEB, Inc. (OTCBB:IWEB) announced today that the company received a commitment letter from Wells Fargo Business Credit. The company is looking to refinance its current accounts receivable to move towards more favorable terms. IceWeb’s current accounts receivable has grown and the line of credit that is being pursued is anticipated to also increase. The loan is expected to close in the next 45 days. "This refinancing represents a critical step forward for IceWEB in strengthening our balance sheet and improving our monthly cash flow. Moreover, we anticipate that it will represent savings of approximately $700,000 in interest expense over the…

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Month: May 2008