September 2010 - Page 30 of 31

ThursdaySep 02, 2010 9:46 am

Resource Exchange of America (RXAC.OB) – A Future Scrap Metal Recycling Powerhouse

Resource Exchange of America Corp. is working to become a leader in the ferrous and nonferrous scrap metal industry. The Florida-based company is pursuing an aggressive acquisition policy to achieve its goal and become a vertically-integrated recycling company. The company accelerated its acquisition and joint ventures strategy in the past quarter. It announced joint ventures with Paw Materials, a processing and demolition company, and T&M Salvage, a metal cycling company in one of Florida's largest industrial areas. The company also signed a partnership with HHL, an asset recovery firm. Perhaps most importantly, Resource Exchange of America signed a joint venture…

ThursdaySep 02, 2010 9:09 am

Canadian Solar Inc. (CSIQ) Reports Results for the Second Quarter of 2010

Canadian Solar Inc. reported mixed financial results for the second quarter of 2010, with a sequential increase in net income coupled with a sequential decrease in sales and shipments of solar cells. Canadian Solar Inc. reported net income of $3.2 million, or $0.07 per diluted share, for the second quarter of 2010, compared to net income of $1.5 million, or $0.03 per diluted share, in the first quarter of 2010. Sales declined for Canadian Solar Inc. in the second quarter of 2010. The company reported net sales of $328.7 million, compared to net sales of $336.9 million in the previous…

ThursdaySep 02, 2010 9:07 am

Destination Maternity Corp. (DEST) Reports Sales for August 2010

Destination Maternity Corp. released the company’s sales and operations update for August 2010, and reported a decline in net sales for the month on both a comparable store and total store basis. Destination Maternity Corporation said that preliminary net sales for August 2010 were $42.9 million, a decline of 2.3% from net sales of $43.8 million reported for August 2009. The company said that on a comparable store basis, net sales fell by 3.2%. Destination Maternity Corporation attributed the decline in net retail sales primarily to a calendar shift during August 2010 because the company reports its sales on a…

ThursdaySep 02, 2010 8:53 am

Corporate Resource Services (CRRS.OB) Makes Major Acquisition

Corporate Resource Services is a company on the move. Through its three wholly-owned subsidiaries, CRRS has established itself as a national provider of diversified staffing, recruiting and consulting services. Today, CRRS took another step forward with the acquisition of Tri-Overload Staffing Inc. Tri-Overload Staffing Inc. is in the business of providing temporary and permanent employment staffing services and related support services principally to the insurance industry. Tri-Overload Staffing, which is now known as Overload Services, Inc., had sales of approximately $20 million for the nine-month period ending March 31, 2010, via a major U.S. presence with over 20 offices throughout…

ThursdaySep 02, 2010 7:41 am

InoLife Technologies, Inc. (INOL.OB) to Market a Plavix Metabolizing Test to Physicians and Practitioners

InoLife Technologies, Inc., a service-based healthcare products development, integration and marketing company, recently announced that it will market its proprietary metabolizing test to physicians and practitioners to identify how a patient’s genetic makeup may affect the body's response to Plavix (colpidogrel). Plavix, the second-best selling drug in the world, reduces the risk of heart attack, stroke, and cardiovascular death in patients with cardiovascular disease by making platelets less likely to form blood clots. The Food and Drug Administration recently announced that Plavix must now carry a so-called “black box” warning label after a study revealed that patients with genetic variation…

ThursdaySep 02, 2010 7:40 am

Steele Recording Corporation (SELR.OB) Announces Name Change to Steele Resources Corporation

Steele Recording Corporation announced yesterday that they changed their name to Steele Resources Corporation. They did this to represent better their primary business model of precious metals exploration. The Company reorganized in June of this year. Since then, they have been focusing on identifying advanced stage exploration properties that meet their criteria for possible development. They have, to date, completed in depth reviews of over 25 properties in the Western United States. They believe they are narrowing the field of prime candidates. The Company's subsidiary currently holds 30 mineral claims covering approximately 600 acres in Nevada. The Company's OTC Bulletin…

ThursdaySep 02, 2010 7:38 am

Ex-Oklahoma College Scientist Suggests Geothermal Heat Pumps Spend Less Electricity and Increase the Quality of Air

Did you know Gerald McClain, after numerous decades working with geothermal energy master James Bose at Oklahoma State College, has designed an innovative home geothermal heating and cooling system? Heat pumps operate as a refrigerator in reverse, they normally use electrical power to move heat from one place to another instead of generating heat directly. As a result, they can be two to three times more power efficient than classic electric heating units. A geothermal heat pump is a central heating and/or cooling system that pumps heat to/or from the ground. It uses the soil as a heat source (in…

WednesdaySep 01, 2010 3:15 pm

Kenexa Corp. (KNXA) Announces Agreement to Acquire Salary.com

Kenexa Corp. is a global provider of business solutions for human resources. The company today announced that it has entered into an agreement for the purchase of Salary.com (NASDAQ: SLRY) in an all-cash tender offer of $4.07 per share, or approximately $80 million. Salary.com provides on-demand compensation software that helps businesses and individuals manage pay and performance. The company is the industry leader in market pricing and has the best-in-class compensation analysis software that helps clients benchmark, compensate and reward its employees. The proposed transaction has been approved unanimously by the board of directors of both companies and is expected…

WednesdaySep 01, 2010 1:31 pm

US Natural Gas Corp (UNGS.OB) Expands Acreage in W. Virginia

US Natural Gas, www.usnatgascorp.com – the independent energy firm focused on the acquisition of mature, long-lived oil and natural gas resources, reported acquisition of 120 acres of mineral rights in W. Virginia’s Wayne County today. With its primary sites in Kentucky and West Virginia’s Appalachian Basin, the Company’s acquisition in the Lincoln District (Radnor Quad) of Wayne County is surrounded by several proven and highly productive wells drilled to an average of 5k feet and bearing no significant explorative efforts to date. President of UNGS, Wayne Anderson, commented on the addition of acreage in West Virginia and noted the particularly…

WednesdaySep 01, 2010 1:29 pm

GreenHouse Holdings, Inc. (GRHU.OB) Partners with PepsiCo® To Upgrade Energy Efficiency

GreenHouse, www.greenhouseintl.com – the San Diego-based sustainable solutions provider with a global reach and a broad technology footprint which spans energy, infrastructure and biofuel, disclosed details today regarding a partnership with PepsiCo® to upgrade energy efficiency at Pepsi’s Buena Park bottling plant. GreenHouse will act in its capacity as a qualified service provider of Southern California Edison's (SCE) Automated Demand Response (Auto-DR) program, utilizing the Auto-DR system to reduce power consumption during costly peak hours while allowing PepsiCo to reduce operating costs and thus also receive financial incentives from SCE. Customers of SCE using the Auto-DR program participate in an…

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Month: September 2010