March 2010 - Page 4 of 39

TuesdayMar 30, 2010 9:52 am

Southwestern Energy Company (SWN) Wins Bid to Explore for Oil and Gas in New Brunswick

Southwestern Energy Company said that it won an exclusive license to explore for oil and gas on 2.5 million acres in New Brunswick, Canada. Southwestern Energy Company is required to spend $47 million in capital over the next three years on this exploration program. This exploration program in Canada is the company’s first outside the United States. Steve Mueller, the CEO of Southwestern Energy Company, said, “While the Maritimes Basin has been recognized for years, we have identified a large area which we believe is prospective for oil and natural gas. There is a significant amount of data yet to…

TuesdayMar 30, 2010 9:51 am

Newport Digital Technologies Inc. (NPDT) Recent Appointment of Seasoned Industry Veteran

Technology Solutions Company Newport Digital Technologies Inc. earlier this month announced the appointment of Steve Ruey-Long Chen, former minister of the Ministry of Economic Affairs of Taiwan (MOEA) and former board chairman of the Institute for Information Industry (III), to the company’s advisory board. Chen will guide the company’s recently implemented business strategies in correlation with its ventures in RFID, WiMax, Wireless Digital Signage, Security and VoIP products and services. Several of these solutions have been developed and implemented in Taiwan through NPDT’s technology partners, Industrial Technology Research Institute (ITRI) and (III). “We are pleased to have Steve come aboard…

TuesdayMar 30, 2010 9:50 am

DJSP Enterprises (DJSP) Reports Growth in Adjusted Net Income

DJSP Enterprises reported adjusted net income of $12.1 million for the fourth quarter of 2009. In comparison, the company reported adjusted net income of $7.2 million in the same quarter of 2008. DJSP Enterprises also reported a large increase in revenues, reporting $70.5 million in the fourth quarter of 2009, up from $52.9 million in the same quarter of 2008. Revenues for the full year 2009 were reported at $260.3 million in 2009, an increase of 31% from the $199.2 million reported in 2008. The company attributed the strong growth in revenues to a large increase in foreclosures and real…

TuesdayMar 30, 2010 9:50 am

Star Scientific Inc. (CIGX) Finishes a Decent 2009, Continues Work on a Variety of Nicotine Free Projects

In many cases, when a very large company starts to take notice of what a smaller, similar company is up to there is cause to make a metal note. Larger companies are always on the lookout for possible competition, but also for the possibility of horizontal expansion. It might take a little longer than an investor would like, but profit may be there. Star Scientific Inc., a company oriented toward developing processes that deter the formation of carcinogens on tobacco leaves and tobacco smoke, works to market its products in conventional ways toward cigarettes, but also in other ways that…

TuesdayMar 30, 2010 9:49 am

Bio-Clean, Inc. (BOCL.OB) Video Chart for Tuesday, March 30, 2010

BOCL has been in a long downtrend, but is once again looking poised for a reversal. Watch the video to see why we feel the chart may be trying to turn. Please click the following link: http://www.qualitystocks.net/videocharts.php?chartvid_id=365 Let us hear your thoughts below:

TuesdayMar 30, 2010 8:31 am

Fund.com, Inc. (FNDM.OB) Announces Strategic Acquisition of Weston Capital Management

Today before the opening bell, Fund.com, Inc. announced that it has acquired Weston Capital Management, LLC, an originator and distributor of hedge funds. Founded in 1993 and headquartered in West Palm Beach, FL., Weston Capital earns fees on assets exceeding $1.0 billion under management. Weston Capital has three lines of business: originating and marketing fund of funds; originating and marketing single-manager hedge funds; and raising capital to seed new hedge funds. Earlier this year, Weston Capital and Harcourt AG formed a strategic alliance for investment manager identification and fund seeding. Harcourt, a $4.5 billion alternative investments manager that is majority…

MondayMar 29, 2010 2:10 pm

Home System Group (HSYT.OB) Reports FY 2009 Results, Posts 19% Revenue Increase

Home System Group, an international manufacturer of a variety of household appliances, today posted its financial results and highlights for the year ended December 31, 2009. The company's Weihe subsidiary, acquired in October 2008, contributed significantly to revenue and operating results. Home System Group posted 2009 revenue at $61.8 million, up from $51.9 million in 2008, reflecting $25.3 million of additional revenue from the company’s acquisition of Weihe. Revenue was partially offset by the fourth-quarter 2008 sale of approximately $10 million of raw materials. Gross margin rose to 25.8% in 2009 from 16.2% in 2008, stemming from Weihe's higher margins,…

MondayMar 29, 2010 2:07 pm

Small Cap Voice Featured Company: FreshWater Technologies, Inc. (FWTC.OB)

FreshWater Technologies is an international marketer and distributor of chemical free drinking water purification systems, water softeners & commercial water activation systems. The company currently offers three product lines consisting of drinking water treatment products and water activation products. In addition to organic growth, the company aims to acquire leading edge, chemical free technologies. This focus is in response of regulatory authorities’ increasing concern about chemical substances discharging to a water course. Management believes having a technological advantage is a key to market differentiation. FreshWater also focuses on establishing strong, local partnerships to better manage the language, culture and business…

MondayMar 29, 2010 1:58 pm

Small Cap Voice Featured Company: CitySide Tickets, Inc. (CIST.PK)

CitySide Tickets, Inc. (CIST) offers a diverse range of tickets for sale through their website at www.citysidetickets.com. In addition, visitors to the company’s website can use the site to sell tickets they have available. CitySide Tickets’ focus is on offering tickets to quality theatre acts in a variety of cities. The company offers concert tickets, theatre tickets, and sports tickets to their customers. Currently, CitySide Tickets is offering concert tickets for acts such as Taylor Swift, Bon Jovi, Lady Gaga, and Elton John & Billy Joel, to name a few. For Theatre tickets, the company is offering tickets for Wicked,…

MondayMar 29, 2010 1:50 pm

XO Holdings, Inc. (XOHO.OB) Subsidiary Rolls Out Nationwide 40 Gbps Service

XO Holdings, Inc.’s subsidiary XO Communications, a leading US provider of sophisticated broadband services and solutions through its wireless, high-capacity nationwide and metro networks such as data, voice and IP, announced today the debut of 40 gigabits per second (Gbps) service in all of its 75+ major metropolitan markets. The growing demand for high-speed, scalable, high-performance connectivity solutions, especially from enterprise and wholesale customers (who seek greater traffic capacity and require the necessary fidelity to go along with it), has prompted this move by the Company. Sizeable enterprises, like financial institutions and trading firms, are generating unprecedented demand for secure…

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Month: March 2010