August 2009 - QualityStocks

MondayAug 31, 2009 8:31 pm

AuthenTec (AUTH) Announces New VP and GM for China-Based Operations; Expected to Enhance Expansion Initiatives

AuthenTec is a global provider of touch-powered technology applicable to PCs, cell phones and other devices, creating a “smart fingerprint” solution for Web sites, online social networks and digital identity. The company announced the expansion of its Shanghai operations, naming Dr. Lunji Qui as vice president and general manager of AuthenTec China, which is the base of operations for the company’s software, sales and technical support. Dr. Qui’s various notable positions with Atrua Technologies, Broadcom China, and Motorola in Singapore position him to lead all aspects of AuthenTec China, including business development, software expansion, customer support, and marketing and sales.…

MondayAug 31, 2009 8:28 pm

China XD Plastics Company Ltd. (CXDC.OB) to Add High-End Modified Nylon Products

China XD Plastics Company Ltd., the largest developer, manufacturer and distributor of modified plastics, primarily for automotive applications in China, recently announced that the company’s wholly owned subsidiary, Harbin Xinda Macromolecule Material Company Limited, has entered into a non-exclusive agreement with Changchun Wanbofeng Plastics Company Limited (“Wanbofeng”) to distribute its newly developed carbon fiber reinforced nylon composite product. Carbon fiber reinforced nylon composite products are mainly used in auto parts and components of mid-class and luxury vehicles. Compared to traditional modified nylon, the company’s new product provides higher performance and is more than 30 percent more cost effective for consumers…

MondayAug 31, 2009 8:25 pm

Jennifer Convertibles, Inc. (JEN) Opens Two New Furniture Stores

Jennifer Convertibles, Inc. (JEN) announced that it was opening two more Ashley Furniture HomeStores, bringing the total to four. The two new stores will be located in Farmingdale, N.Y. and Elmhurst, N.Y., and are operated under a license agreement with the parent company. Although the number of Ashley Stores is relatively small, the store chain is an important part of the overall company, and sales were 15% of the company’s total in the most recent quarter. Jennifer Convertibles reported a loss of $1,532,000, or ($0.22) per share, in its third fiscal quarter ending 5/30/09. The company also saw revenues fall…

MondayAug 31, 2009 3:56 pm

Hy’bred International, Inc. (HYII.PK) is “One to Watch”

Hy'bred International, Inc. is a manufacturer of a therapeutic horseshoe. The Company focuses on creating and developing the Hybred Horseshoe, an aluminum horseshoe with a bonded urethane composition. Hybred International, Inc. has their corporate headquarters in Hackensack, New Jersey. The Hy'bred horseshoe is an advanced Aluminum/Urethane horseshoe. It is light, durable, long lasting, and it reduces shock and concussion. In addition, the product improves traction, reduces injury, improves performance, and is suitable for partially lame or injured horses. The horseshoe is also easy to shape. Hy'bred International, Inc. announced last December that mass production of the HYBRED horseshoe was underway.…

MondayAug 31, 2009 3:26 pm

August 31st CEOcast Weekly Newsletter

Companies featured in this edition of the newsletter: CVM, ICLK, IMUC, ITUI, IWEB, MBCI, NXOI, OMCM, ONEZ, PHC, SRCO, SVUL, XCR Markets closed moderately higher yet again this week, as mostly better than expected economic data helped stave off profit taking to leave most indices in positive territory on the week. All told, the Dow ended the week up 0.4%, closing at 9544, up 38 points, bringing its YTD gains to 8.7%. The Nasdaq also gained 0.4% on the week to close at 2028, bringing its yearly gains to 28.6%, while the S&P 500 gained 0.3% and the Russell 2000…

MondayAug 31, 2009 1:58 pm

Homeland Security Capital Corp. (HOMS.OB) Receives $14 Million Contract

Premier international provider of specialized technology-based disaster relief, Homeland Security Capital Corp. announced today that its environmental remediation subsidiary, Safety and Ecology Corporation (SEC), received a $14 million contract for health physics and on-site laboratory support services. This contract was awarded to SEC for a one year base period through September 30, 2010, and three option years taking the contract end date through September 2013. SEC is a rapidly growing U.S.-based environmental services company that provides services both domestically and overseas in Europe and the Caribbean. The company specializes in the removal and remediation of hazardous nuclear materials for the…

MondayAug 31, 2009 12:47 pm

ICP Solar Technologies, Inc. (ICPR.OB) Prepares to Introduce iSun(R) Mobile Products to the Market

ICP Solar Technologies Inc., a developer and marketer of innovative, proprietary solar panels and products, announced that it anticipates introducing its line of iSun(R)-branded portable solar chargers before the end of next month. The chargers, which are being targeted to road warriors and urban explorers who are always "on the go," have been designed to easily power most cell phones and PDAs while retaining scalability, modularity, pocketablity, and attractiveness. According to the press release, they will be sold through distributors worldwide as well as over the company's website. "We are excited to finally bring to market these fresh, cutting-edge solar…

MondayAug 31, 2009 12:36 pm

Cannabis Science, Inc. (CBIS.OB) Signs Strategic Agreement to Advance State and Federal Agencies Programs

Cannabis Science Inc., an emerging pharmaceutical cannabis company, was pleased to announce this morning that it has signed an agreement with Leading Points Corp. to represent its products, services and initiatives to various government and military agencies. Leading Points is led by its founder who retains 20 years of service as an active duty commissioned officer to establish and secure mutually beneficial relationships between its clients and the military and government markets. Leading Points Corporation, Founder and President, Retired Lieutenant Colonel Kevin Sullivan, stated, “We are in the process of rolling out a phased strategy that initially calls for Leading…

MondayAug 31, 2009 12:17 pm

American International Industries, Inc. (AMIN) is “One to Watch”

American International Industries, Inc. is a diversified holding company that utilizes a business model similar to General Electric, Tyco International, and Berkshire Hathaway. With holdings in Industry, Finance, Real Estate, and Oil & Gas, the focus of the company is to develop holdings in various industries by acquiring existing companies, applying the financial resources and management expertise needed to foster growth, and then leading the acquired businesses to profitability. American International serves its subsidiaries as a financial and professional management partner to improve access to capital, achieve economies of scale by consolidating administrative functions, and provide the financial and management…

MondayAug 31, 2009 11:41 am

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Month: August 2009