April 2011 - Page 5 of 26

TuesdayApr 26, 2011 1:54 pm

SMART Modular Technologies Inc. (SMOD) to Go Private in $645M Acquisition Deal

SMART Modular Technologies Inc., a leading independent manufacturer of memory modules and solid state storage products, today announced it will be acquired by Silver Lake Partners and Silver Lake Sumeru for $9.25 per share in cash in a deal valued at approximately $645 million. The offer price represents a 23 percent premium over the average closing price for the previous 30 trading days and a 46 percent premium over the average closing price for the previous 52-week period. "After thoroughly evaluating a full range of strategic alternatives, the Special Committee of the SMART Board concluded that this transaction is fair…

TuesdayApr 26, 2011 1:53 pm

Sunovia Energy Technologies, Inc. (SUNV) EvoLucia Cobra Head Wins Lighting Industry’s Top Award

Sunovia Energy Technologies today announced that its lighting division EvoLucia’s LED Cobra Head SCHX5 was given the award for Best Outdoor Street Light, in its class, by the U.S. Department of Energy (DOE), the International Association of Lighting Designers (IALD) and the Illuminating Engineering Society (IES) in the 2010 Next Generation Luminaires™ Solid State Lighting Design Competition. SCHX5 utilizes the EvoLucia’s patent pending Aimed Optics technology, which strategically directs light to the target area and provides better illumination with less electricity. The SCHX5 won the competition with its ability to put the most footcandles on the ground in a designated…

TuesdayApr 26, 2011 12:29 pm

Intellicheck Mobilisa, Inc. (IDN) Announces New Partnership and Distribution Agreement for ID Risk CheckSM

Intellicheck Mobilisa, Inc., a developer and marketer of wireless technology and identity systems for mobile and handheld wireless devices for various institutions, announced that it has entered a partnership and distribution agreement with a leader in financial services for Intellicheck Movilisa’s product, ID Risk CheckSM. This new partnership agreement will allow ID Risk Check to become integrated into 14,000+ retailers’ point of sale systems. ID Risk Check was created specifically to meet the necessities for fraud and loss prevention for retail applications. Per terms of the agreement, Intellicheck Mobilisa’s patented ID-Check driver license scanning technology will be integrated and distributed…

TuesdayApr 26, 2011 11:27 am

Follow QualityStocks on Twitter!

The equity markets are constantly moving and it is imperative that an active trader can find out what is happening in real-time. Even if you aren’t trading all day long – it is important to stay on top of the latest-breaking news. That is why we created our Twitter account just for you. By following us at Twitter, you will be right on top of the action in the micro-cap and small-cap markets. You will receive short alerts regarding stock movements, news releases, and our new “Ones to Watch.” Every day we send dozens of tweets to bring our followers…

TuesdayApr 26, 2011 11:21 am

USA Technologies, Inc. (USAT) Partners with Verizon Wireless

USA Technologies, a leader in wireless, small-ticket cashless transaction processing, will be collaborating with Verizon Wireless to combine USA’s ePort® Connect system for vending machines with Verizon’s connectivity network that allows wireless point-of-sale payments at vending machines via credit and debit cards. USA’s ePort card reading system allows vendors to transform their cash-only vending machines to accept card payments. When linked to ePort Connect, vendors can access sales data remotely from any Internet connected PC. ePort Connect currently supports over 100,000 M2M (machine-to-machine) connections, providing small-ticket, wireless cashless transaction services to a wide range of businesses and transaction environments, including…

TuesdayApr 26, 2011 10:14 am

Allied Irish Banks plc (AIB) Video Chart for Tuesday, April 26, 2011

We are revisiting AIB because of a strong move yesterday. Technical traders will be looking for continuation today and a new, higher support to hold if the price decides to pull-back as the chart tries to establish a new uptrend. To view the video chart, visit the following link: http://www.qualitystocks.net/videocharts.php Let us hear your thoughts below:

TuesdayApr 26, 2011 10:09 am

XenoPort Inc. (XNPT) Reaches Agreement with FDA to Advance Trials of Multiple Sclerosis Treatment

XenoPort Inc. has reached an agreement with the U.S. Food and Drug Administration (FDA) on a Special Protocol Assessment (SPA) for a pivotal phase III clinical trial of arbaclofen placarbil (AP) as potential treatment of spasticity in multiple sclerosis (MS) patients. The company has also completed an end of phase II meeting with the FDA regarding the additional studies needed to position the company to submit a New Drug Application (NDA) for AP as a treatment for spasticity, a debilitating condition associated with some common neurological disorders, such as MS, spinal cord injury, stroke and cerebral palsy. “We are pleased…

TuesdayApr 26, 2011 10:08 am

Q4 Earnings Review; China Forestry Industry Group (CNFI) Expects to Continue Strong Performance

China Forestry Industry Group Inc., a company involved in the production and sale of floor materials and related products to residential and commercial customers in China, recently announced its financial results for the fourth quarter and fiscal year 2010 ended December 31, 2010. “We are pleased to report strong growth in revenues, operating margins, and earnings in 2010,” Yulu Bai, chairman and CEO of CNFI stated in the press release. “This performance was mainly driven by our strategy to expand into flooring products, develop forestry resources and build a large distribution network for floor products in southwestern China.” For the…

TuesdayApr 26, 2011 9:58 am

Seacost Banking Corp. (SBCF) Posts Financial Results for First Quarter 2011

Seacost Banking Corp. of Florida yesterday posted its first quarter 2011 financials, reporting its first operating profit since the first quarter of 2009 and its sixth consecutive quarter of improved credit. Net income was $358,000 compared to a net loss of $1.6 million for the first quarter of 2009. Including preferred stock dividends and accretion of preferred stock discount of $937,000, the net loss applicable to common shareholders was $579,000, or $0.01 per average common diluted share for the first quarter, compared to a net loss of $2.5 million, or $0.04 per average common diluted share, for the first quarter…

TuesdayApr 26, 2011 8:28 am

Fresh Start Private (CEYY) Naltrexone Implant Receives Approval from BlueCross BlueShield

Yesterday, Fresh Start Private announced that their alcohol treatment procedure has received approval from BlueCross BlueShield for their alcohol treatment program. Fresh Start Private is a leader in the alcohol treatment and rehabilitation industry. The terms include a commitment for prompt payment from BlueCross BlueShield. Twenty-five percent of All Fresh Start Private claims are undergoing processing through BlueCross BlueShield. A Fresh Start Private spokesperson commented, "The wonderful thing about our procedure is it is done in about 20 minutes and patients can go back to work the following day. With any minor surgery there is some swelling, and we monitor…

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Month: April 2011