August 2008 - Page 40 of 55

TuesdayAug 12, 2008 5:15 am

Brite-Strike Tactical Illumination Products, Inc. (BSTI.PK) is in the Process of Becoming a Fully Reporting OTCBB Company

Brite-Strike Tactical Illumination Products, Inc. (BSTI.PK) is making a move to become a fully reporting OTCBB company. Brite-Strike announced that it is now in the process of completing its 15C-2-11 Information and Disclosure Statement to be filed with the Pink Sheets website. Glenn Bushee, President of Brite-Strike, stated, “Brite-Strike can reach a greater investor audience, further its strategic goals and enhance shareholder value by becoming a fully reporting company. We have the infrastructure in place to make this move, and I believe it is an important step for us to take as we begin to execute the early phase of…

MondayAug 11, 2008 5:58 pm

Agfeed Industries, Inc. (FEED) Reports Record 2nd Q Results, Raises Earnings, Growth Outlook for Rest of Year

With a 619 percent net income increase from this time last year, Agfeed Industries, Inc. (Nasdaq: FEED) shareholders also saw their earnings per share rise 27 cents or 350 percent over the same time period. The second quarter of 2008, which ended June 30, saw a net income of $8.6 million, and total revenues of $35.64 million from the 2nd Quarter in 2007, a 417-percent increase. Agfeed is a commercial hog producer and the largest premix feed company in China. Stable corn prices, import restrictions, and increased efficiency helped company earnings as well as record sales. "AgFeed has direct access…

MondayAug 11, 2008 5:45 pm

SkyPostal Inc. (SKPN.OB) Picking Up What Others Leave Behind

SkyPostal Networks Incorporated, formerly known as Omega United Incorporated, is a large private mail network in some emerging areas of the world. SkyPostal started off delivering exclusively to the Latin America – Caribbean region, but has expanded further into North America and Europe as well. Although it is still growing and developing as a company, it has some key distinctions and advantages over its established competitors such as UPS, Federal Express and DHL. SkyPostal has found a niche in the market for delivery in often difficult locations that the larger companies consider undesirable areas. They feature the ability to deliver…

MondayAug 11, 2008 5:42 pm

Hybrid Technologies Inc. (HYBR.OB) Employs Engineering Mastermind Ron Cervin

Hybrid Technologies Incorporated has made it a habit to hire the best possible talent. It is a common thought in the worlds of business and engineering that success can create greatness, and that is a reason why Hybrid retains quality engineers like Ron “Hollywood” Cervin. The work and ideas of Cervin and other engineers at Hybrid are leading a revolution that will change the way the world views electric vehicles. Ultimately it will be the work of Cervin and others that will help change the landscape of all the vehicles on the road and help to save the environment one…

MondayAug 11, 2008 5:34 pm

Heska Corporation (HSKA) Discusses Second Quarter Financial Results; Shares Fall to 52-Week Low

Heska Corporation (NASDAQ: HSKA), a veterinary diagnostic company that focuses on the canine and feline markets to provide high-value products and unparalleled customer support to veterinarians, recently announced its financial results for the second quarter ending June 30, 2008. Shares of Heska Corporation fell to another 52-week low earlier this week after the company reported net income was $0.01 per diluted share versus $0.02 per diluted share in the second quarter of 2007. Total revenue for the second quarter reached $22.6 million, a year-over-year increase of 13 percent compared to the second quarter of 2007. Heska Corporation’s chief financial officer,…

MondayAug 11, 2008 5:31 pm

Shares of Keryx Biopharmaceuticals, Inc. (KERX) Hit 52-Week Low on Second Quarter Earnings Results

Keryx Biopharmaceuticals, Inc. (NASDAQ: KERX), a biopharmaceutical company focused on the acquisition, development and commercialization of medically important, novel pharmaceutical products for the treatment of life-threatening diseases, including renal disease and cancer, recently announced its financial results for the second quarter ending June 30, 2008. Shares hit a 52-week low this week after the company reported a net loss for the second quarter of $7.7 million or $0.17 per share. Total revenue improved year over year, compared to a net loss of $19.5 million or $0.45 per share, for the comparable quarter in 2007, beating consensus estimates from analysts of…

MondayAug 11, 2008 5:29 pm

LDK Solar Co., Ltd. (LDK) Crushes Earnings Estimates, Soars After Hours

LDK Solar Co., Ltd., a manufacturer of solar wafers in China, reported second quarter financial results this afternoon that blew away estimates. Net sales were $441.7 million, a sequential increase of 89.2% from $233.4 million in the first quarter, and a whopping 345.9% increase from $99.1 million for the second quarter of fiscal 2007. Net income tripled sequentially to $149.5 million, or $1.29 per ADS, from $49.8 million, or $0.45 per ADS in the first quarter. During last year’s second quarter the company earned $0.29 per ADS. These results took analysts by surprise; the consensus earnings estimate was $.42 per…

MondayAug 11, 2008 5:23 pm

Gold: Bottom or Bust?

As Gold prices fall and fall, the question becomes "Where is the bottom?" For consumers and alike, none of us want the bottom to be anywhere in sight. Gold falling usually pertains to the strengthening in the US Dollar and the weakening of oil prices, both of which help the common consumer. Asking “Where is the bottom?” is a very wise and fair question, and from a technical analysis viewpoint (i.e. using charts), the bottom may be here. On the bright side of things, Gold may also be approaching 'bust' territory. The $GOLD (Continuous Contracts (EOD)) chart represents this 'bottom'…

MondayAug 11, 2008 5:17 pm

Forbes’ Newsletters “Stock of the Week” – iShares MSCI France Index Fund (EWQ)

The iShares MSCI France Index Fund (EWQ) is an ETF that is based on the MSCI France Index. The index currently is comprised of 76 securities with top sectors being financials, consumer discretionary, energy, industrials, and materials. The France ETF (EWQ) is the ETF "pick of the week" from Carl Delfield, editor of the Chartwell ETF Global Advisor newsletter. Mr. Delfield highlighted several reasons for his choice of the France ETF. The main reason he highlighted is the current government of French President Nicholas Sarkozy. Sarkozy's government has begun to implement major changes to the French economy. Some of the…

MondayAug 11, 2008 4:17 pm

August 11th CEOcast Weekly Newsletter

Companies featured in the current edition of the newsletter: AFMI, BOKO, CETG, CHIP, CKGT, CLXS, CTVWF, ETGF, GNBT, GSPG, HYTM, ICLK, ITUI, MBND, PLKH, TSX: SEE, SWVC, TAGS, TKO, VYTR The dollar rallied, oil prices plummeted and stocks soared giving all the major indices robust gains for the week. The Dow Jones Industrial Average gained 408 points or 3.6%, reducing its year to date loss to 11.5%. The Nasdaq Composite Index rose by 103 points or 4.5%, giving it a year to date loss of 9%. The S&P 500 gained 36 points or 2.9%, bringing its year to date loss…

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Month: August 2008