November 2009 - Page 28 of 29

TuesdayNov 03, 2009 9:13 am

Park-Ohio Holdings Corp. (PKOH) Reports Loss in Third Quarter

Park-Ohio Holdings Corp. reported a net loss for the third quarter of 2009 totaling $3.2 million, or $0.29 per share, as the recession continued to impact the company’s operations. This was an improvement over the net loss of $9.1 million, or $0.82 per share, reported in the same quarter in 2008. Revenues were $186.1 million in the quarter, down sharply from the $266.1 million in the third quarter of 2008. “The most difficult period in the company’s history has been addressed and we look forward to the next 18 months,” said Edward Crawford, the CEO of Park-Ohio Holdings Corp. Park-Ohio…

MondayNov 02, 2009 4:02 pm

Iteris Inc. (ITI) Awarded $2.27M Contract for Technology Integration from City of Corona

Iteris Inc., a leader in traffic management for the development and application of advanced technologies, today announced it has been awarded a $2.27 million contract from the City of Corona for the integration of the Advanced Traffic Management System (ATMS) phase 2 Project. The project is based on the city’s existing phase 1 project, which Iteris completed in 2003. According to the press release, phase 2 will improve transportation management while incorporating additional stakeholders in the Corona region. Phase 2 will include numerous intelligent transportation systems (ITS) hardware and software components, as well as Iteris’ experience in the market. "Iteris…

MondayNov 02, 2009 4:01 pm

Power 3 Medical Products, Inc. (PWRM.OB) Up 31.65% After Recent Coverage in QualityStocks Newsletter

Power 3 Medical Products Inc.’s stock is currently trading at $0.10 a share, up $0.021 or 26.58% for the day. The shares today touched an intraday high of $0.11 and have traded higher on heavy volume of nearly 8 million shares, well above the average volume of just over 4 million shares. The company was highlighted in the August 25th edition of QualityStocks' FREE Daily Newsletter at a price of only $0.024 per share. Anyone purchasing those shares after seeing the stock in the newsletter is sitting on a gain of more than 300%! Power 3 Medical Products is a…

MondayNov 02, 2009 3:52 pm

Home Shopping Latino Inc. (HSPG.PK) Announces Production Agreement; ROCCX to Produce One Hour Segments

Home Shopping Latino Inc., focused on airing the only network of its kind to service the exploding Latino market in the USA with the on air name Viva TeleCompras, today announced an agreement with ROCCX and Executive Producer Rosario Marino for the production of five one hour segments to be aired on Viva's Network. According to recent statistics, the total Latino population in the United States is at 42.7 million, making them the largest minority group in the United States. The loyalty and size of the Latino market is readily apparent in the fact that Univision is now the 5th…

MondayNov 02, 2009 3:39 pm

November 2nd CEOcast Weekly Newsletter

Companies featured in this edition of the newsletter: CHIP, CICS, CVM, FMTI, IMUC, INRK, IWEB, ONEZ Weak data on consumer spending and employment once again raised doubts about the strength of the economic recovery, and helped send investors running for the exits this week as markets finished sharply lower following broad based selloffs in all of the major indices. All told, the Dow ended the week down 259 points, losing 2.6% to close at 9712 and reducing its yearly gains to 10.7%. The Nasdaq underperformed significantly on the week, surrendering 5.1% to close at 2045, paring its YTD gains to…

MondayNov 02, 2009 1:41 pm

Home Shopping Latino, Inc. (HSPG.PK) Taps into Hispanic Market with Shopping Channel

Home Shopping Latino Inc., doing business as Viva Telecompras, is an all Spanish language TV channel and online shopping website. The company will broadcast from Miami, Florida and expand its market via airtime and website broadcasts. The network will sell products provided by third-party wholesalers such as beauty care, vitamins, and in particular gemstones and jewelry. Initially, the company is most interested in marketing high-quality, high-margin gemstones from the nation of Madagascar and has already developed a relationship to do so with MadAmerican Exports. Viva Telecompras will later subtract with jewelry manufacturers in Florida to make jewelry using these fine…

MondayNov 02, 2009 12:59 pm

Ironclad Performance Wear Corp. (ICPW.OB) and 5.11 Tactical Team Up to Produce Task-Specific Gloves

Leading high-performance apparel producer Ironclad Performance Wear Corporation announced today that it has entered into a long-term development and supply agreement with 5.11 Tactical® to develop task-specific gloves for law enforcement professionals. The agreement combines Ironclad’s renowned technical glove expertise and the superior market understanding and distribution capabilities of 5.11 Tactical. With design and production of 5.11 Tactical's gloves already underway, they are expected to be widely available in early 2010. Under the terms of the agreement, Ironclad will exclusively design and manufacture the full line of task-specific gloves to be sold, marketed, and distributed worldwide by 5.11 Tactical. The…

MondayNov 02, 2009 12:44 pm

Omnicity Corp. (OMCY.OB) Continues Rapid Expansion

Omnicity Corp., the Midwest’s biggest fixed Wireless Internet Service Provider (WISP), recently bolstered its position as a WISP consolidator by signing a Letter of Intent with the wireless division of Solutions Unlimited (SUI), of New Castle, Indiana. SUI (doing business as Midwest WISP) is seen as just one of several acquisitions Omnicity is expected to announce during Q4 of 2009 as it makes its way towards becoming the premier consolidator of the WISP industry. Omnicity CEO, Greg Jarman, commented on the value of the move. “We are pleased to have worked out a great deal for both Midwest WISP and…

MondayNov 02, 2009 12:41 pm

Looking Forward can be Profitable

As the market has found a move in recent months many have speculated that easy opportunities for profit are quickly drying up. In a general sense, this may be true. There are, however, many opportunities available if the right perspective is used. Resource options, such as QualityStocks, can help in this regard as they use the old baseball adage "hit 'em where they ain't." The easy profits coming off the recent decline may be gone but there are sectors that are still in the doldrums and will, eventually, return to profitability. Energy and health are perhaps the best opportunities, with…

MondayNov 02, 2009 12:35 pm

Construction Spending Rises .08 Percent during September

Report better-than-expected with largest housing construction increase in 6 years The Commerce Department reported that total construction spending was up 0.8 percent in September, surprising the street since analysts had forecasted a 0.3 percent drop. August numbers were revised down to show a 0.1 percent drop rather the 0.8 percent gain first reported. The increase was driven by the largest jump in housing construction in more than six years. As the economy struggles to emerge from the worst recession since the 1930s, many are hoping that housing has bottomed. The 3.9% increase in spending and residential construction is the largest…

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Month: November 2009