March 2010 - Page 15 of 39

MondayMar 22, 2010 7:23 am

Patrick Industries, Inc. (PATK) Reports Financial Results for Q4 2009

Patrick Industries, Inc. reported net income of $0.9 million, or $0.09 per diluted share, for the fourth quarter of 2009. This was a significant improvement from the net loss of $69.2 million, or $7.59 per diluted share, in the same quarter of 2008. The loss in the fourth quarter of 2008 included a deferred tax asset valuation allowance of approximately $18.0 million, or $1.97 per diluted share. Revenues fell slightly on a year over basis from $55.9 million in the fourth quarter of 2008 to $53.4 million in 2009. Management said that it saw a mixed performance during the quarter,…

MondayMar 22, 2010 7:22 am

Nexen Inc. (NXY) Reports Successful Well in the Gulf Of Mexico

Nexen Inc. reported a successful deepwater well in the eastern Gulf of Mexico, located at the Appomattox prospect, in Mississippi Canyon blocks 391 and 392. The well was drilled in approximately 7,200 feet of water, to a depth of 25,000 feet, and hit 425 feet of net oil pay. The company drilled two sidetrack wells to appraise the discovery and reported net oil pay at those two wells also. Marvin Romanow, the CEO of Nexen Inc., said, “The Appomattox discovery confirms our confidence in the play and provides a strong basis to evaluate the remainder of our significant acreage position…

MondayMar 22, 2010 7:20 am

Eastern Environment Solutions Corp. (EESC.OB) Posts Q4 Results, Highlights 2009 Achievements

Eastern Environment Solutions Corp., a leading provider of municipal solid waste services in China, Friday posted its financial results for the fourth quarter of 2009 and gave an update on business achievements and progress. EESC reported revenue for the fourth quarter ended December 31, 2009, at $538,748, compared to $451,875 for the fourth quarter ended December 31, 2008; gross profit for the fourth quarter was $442,854 for the three months ended December 31, 2009, compared to $356,014 for the three months ended December 31, 2008; net income for the three months ended December 31, 2009, was $229,006, or $0.02 per…

FridayMar 19, 2010 3:46 pm

New Market Technology, Inc. (NWMT.PK) Announces Greenfield Partnership Program Webcast Date

New Market Technology, Inc. is headquartered in Dallas, TX and provides various Voice Over Internet Protocol (VOIP) technologies to customers both in the United States and internationally. Their primary focus is on domestic and international telephony, software licensing, technical consulting and system integrations. Some of the services provided by New Market Technology include voice mail services, pre-paid long distance calling cards, e-commerce communications services, broadband wireless services and corporate long-distance, fax and data services. New Market Technology has established many partnerships over the years including the likes of Microsoft, Dell, HP, IBM and Oracle, to name a few. The Company…

FridayMar 19, 2010 2:17 pm

Bovie Medical Corp. (BVX) Receives FDA Approval for New Coagulation Device

Bovie Medical Corp., the first name in Electrosurgery and widely known throughout the healthcare industry for their Bovie® electrosurgical generators and accessories, announced FDA approval of its proprietary BOSS™ bipolar sintered steel coagulation device today. Based on a saline-enhanced sintered steel technology BVX has been developing for quite some time, the BOSS™ uses a dual saline and radio frequency (RF) method to coagulate bone and soft tissue with vastly minimized blood loss, charring or sticking of tissue. Such saline enhanced surgeries yield better results, improved post-op outcomes, and reduced patient recovery time while ultimately reducing both the time and cost…

FridayMar 19, 2010 2:14 pm

Integrated Environmental Technologies, Ltd. (IEVM.OB) and Benchmark Exhibit Excelyte® Performance in Fracking the Marcellus Shale

Integrated Environmental Technologies, Ltd., known in the mineral exploration business for its environmentally friendly EcaFlo® Anolyte, marketed under the brand name Excelyte® as an anti-bacteria additive for well fracking, joined Benchmark Performance Group, Inc., the leading developer of a wide range of additives for the oilfield industry, today to announce yet another successful fracking instance using the Excelyte® product in Pennsylvania’s Marcellus Shale. With Benchmark posting additional fracking slated for later this month throughout the US, they have strategically pre-empted the coming onslaught of demand by manufacturing 0.5M gallons of the wildly popular Excelyte® in direct anticipation of its consumption.…

FridayMar 19, 2010 2:03 pm

Cascade Technologies Corp. (CSDT.OB) is “One to Watch”

Trading on the OTCBB, Cascade Technologies Corp. is a company focused on medical technology opportunities. Founded in 2004, the Company's initial core business was the purchase and sale of semiconductors. After achieving disappointing results in that market, Company management determined to review other business opportunities. The Company's particular emphasis was on technology businesses. Cascade, in early 2009, identified opportunities in the field of renewable energy based power producing assets in solar, wind and geothermal projects. However, upon concluding an agreement with Spectral Molecular Imaging, Inc. (SMI) to acquire SMI, Cascade Technologies Corp. decided to exit the renewable energy sector to…

FridayMar 19, 2010 1:59 pm

Pernix Group Inc. (PRXG.OB) Anticipates Enhanced Visibility and Communication through Advancement to Bulletin Board

Pernix Group Inc. is an international company investing in construction, power generation and broadcasting equipment. Effective yesterday, Pernix advanced from the Pink Sheets to offer its common stock on the OTC Bulletin Board. Nidal Z. Zayed, CEO and president of Pernix said the move reflects the company’s mission to grow and opens the door for opportunities to increase shareholder value. "Joining the OTC Bulletin Board is an exciting step for Pernix. We recently began the process of moving to the Bulletin Board and are pleased that we could accomplish this initiative in a relatively short period of time. Our ongoing…

FridayMar 19, 2010 1:57 pm

Voiceserve, Inc. (VSRV.OB) Gets AppStore Authorization

Voiceserve Inc., a VoIP (Voice over Internet Protocol) telephony software and service provider, today announced that its VoIP over data connection for iPhone/iPod has been authorized on the Apple Store. It’s an important addition to the company’s Vippie Mobile software, representing one of the first cellular software packages in the market to work across all networks, including 3G edge and WiFi. Voiceserve’s Voipswitch Mobile dialer is a software package that enables regular cell phone users to make calls using a mobile phone via an Internet connection. As with Voiceserve’s Vippie Mobile Dialer for Symbian (for Nokia, Motorola, Samsung, Sony, etc.),…

FridayMar 19, 2010 11:40 am

ETF Market Attracts Billions during February as Fund.com, Inc. (FNDM.OB) Moves in to Capitalize

It was recently reported that last month exchange-traded funds attracted net inflows of more than $4.6 billion. The U.S. ETF industry closed out the month with approximately $764.6 billion in total net assets, up about 2.4% from $746.9 billion in December and up 67.9% from $455.5 billion a year ago. ETFs tracking domestic equities saw the greatest amount of investment. The category was led by SPDRs (SPY), which realized about $1.5 billion in net inflows last month--a sharp reversal from the more than $15.1 billion in outflows it saw in January. On the other hand, ETFs covering international equities saw…

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Month: March 2010