May 2012 - Page 3 of 20 - QualityStocks

WednesdayMay 30, 2012 8:00 am

Penson Worldwide, Inc. (PNSN) Agrees to Sell Futures Division to Knight Financial

Penson Worldwide announced yesterday that it has reached an agreement with Knight Capital Group, Inc. (NYSE Euronext: KCG) regarding the sale of certain assets and liabilities of the futures division of Penson’s U.S. broker-dealer subsidiary, Penson Financial Services, Inc. (PFSI). The deal, subject to standard closing conditions and regulatory approvals, is projected to close in the second quarter of 2012. PFSI’s futures division services over 60 introducing brokers, high frequency traders, hedgers, non-clearing FCMs, professional traders, and exchange members. As consideration for the transfer of certain assets and liabilities of the futures division, Penson will receive $5 million at closing.…

TuesdayMay 29, 2012 4:06 pm

PowerSecure International, Inc. (POWR) Protects East Coast Customer Operations, Assists with Power Restoration Efforts during Tropical Storm Beryl

Leading utility and energy technologies provider PowerSecure International today announced its Interactive Distributed Generation (IDG) standby power systems are supporting utilities and their commercial and industrial customers during the power outage events caused by Tropical Storm Beryl. Since the start of Memorial Day weekend, PowerSecure’s IDG monitoring team has been in “storm mode,” constantly monitoring East Coast facilities of the company’s customers and protecting their operations from power interruptions and spoilage. Numerous critical East Coast operations are supported by PowerSecure’s IDG systems, including hospitals, schools, industrial sites, military installations, and commercial locations. The company’s IDG systems have operated to support…

TuesdayMay 29, 2012 3:44 pm

MMRGlobal, Inc. (MMRF) Grows Domestic Membership Base to 1 Million Mark

MMRGlobal, provider of online personal health records (PHRs) and electronic deposit box storage solutions, today announced that its domestic membership base for its patented PHR products and services has passed the 1 million mark. The company said it expects this number to double before the end of this year with affinity programs through agreements with E-mailFrequency.com, and believes it has the highest member base of any “pure-play” PHR provider. MMR’s member base includes customers who have paid access to the company's MyMedicalRecords and MyEsafeDepositBox Web sites, along with private label Web sites. "As our member base continues to grow, it…

TuesdayMay 29, 2012 3:31 pm

GlobalWise Investments, Inc. (GWIV) Attacks Information Overflow

GlobalWise Investments, via its wholly-owned subsidiary Intellinetics, is a Columbus, Ohio, based developer of ECM (Enterprise Content Management) systems, and offers industry-leading software that delivers cloud based ECM solutions. The company’s flagship platform, IntellivueTM, enables clients to access and manage all types of corporate content, including scanned documents, spreadsheets, email, photos, even audio and video content, almost anything that can be digitized, from any computer, tablet, or smartphone, from anywhere in the world. Today, virtually every organization on earth increasingly depends upon digitized information, and the organization and access of that information is fast becoming a foundational element of corporate…

TuesdayMay 29, 2012 3:21 pm

East Coast Diversified Corp. (ECDC) Signs $5M Multi-year Distribution Agreement with Komtelecom of Russia

East Coast Diversified, through its subsidiary EarthSearch Communications, today announced it has entered into a five-year master distributor agreement with Komtelecom in Russia, valued at approximately $5 million. EarthSearch’s solutions utilize wireless communication between GPS and RFID to deliver solutions that include warehouse operation, movement of secured cargo, oil tankers, pipeline and other fixed assets management solutions, as well as fuel monitoring, temperature sensor, weight sensors, door sensor, and a variety of other custom applications. Per the agreement, Komtelecom will serve as EarthSearch’s exclusive representative in Russia, and will hold non-exclusive representation in 10 other former Soviet Republics. Komtelecom will…

TuesdayMay 29, 2012 3:10 pm

China Bilingual Technology and Education Group Inc. (CBLY) Posts Solid Q2 Gains

China Bilingual Technology and Education Group is an education company that owns and operates high-quality, K-12 private boarding schools in China. Founded in 1998, CBYL now runs three schools encompassing the kindergarten, elementary, middle school, and high school levels. CBYL has approximately 13,881 students and 1,876 faculty and staff. CBYL’s schools are located in Shanxi and Sichuan Provinces. The learning institutions provide students with an innovative and high-quality education focusing on fluency and cultural skills in both Chinese and English. CBYL’s schools regularly rank among the top schools in their respective regions for college entrance rates and national college entrance…

TuesdayMay 29, 2012 12:25 pm

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TuesdayMay 29, 2012 12:08 pm

Kimber Resources, Inc. (KBX) Returns High-Grade Gold and Silver Intercepts via New Drilling at Monterde Project in Mexico

Kimber Resources has built up a substantial gold/silver acreage position in Mexico that is best expressed via the company’s flagship Monterde project (100%-owned), which lies in the heart of the massive (112 sq mile) Sierra Madre Gold/Silver Belt and upon which the company reported today, with exceptional results coming back from the two new test holes drilled to test for new mineralization on previously undrilled land just northeast of the existing Carmen deposit. The Carmen deposit (in addition to Monterde’s other two main deposits, the Carotare and Veta Minitas – total inferred resource estimates for the project as of May…

TuesdayMay 29, 2012 12:02 pm

AlumiFuel Power Corp. (AFPW) Submits Specs to Air Force Customer on Its New PBIS-200 System

AlumiFuel Power, operating through its subsidiaries, is an early production stage hydrogen generation company. The company's technology is ideally suited for multiple applications requiring on-site, on-demand fuel sources and serves both national security and commercial customers' needs. The company announced today that it has submitted detailed specifications on a new Portable Balloon Inflation System (PBIS)-200 to its US Air Force Special Operations customer at the customer's request. The PBIS-200 is a scaled-down version of AlumiFuel Power's PBIS-2000, which was designed and engineered to provide lift gas for 200 gram weather balloons. The new PBIS-200 system can be easily transported and…

TuesdayMay 29, 2012 11:57 am

International Stem Cell Corp. (ISCO) Targets a Range of Diseases

International Stem Cell has developed a way to derive high quality stem cells without the need for fertilized embryos. Called parthenogenesis, the new process is seen as a source for stem cells that could treat a number of degenerative diseases, including diabetes, liver disease, retinal degeneration, spinal traumas, and other central nervous system injuries. • Age related macular degeneration is one of the leading causes of blindness. Fully one third of all Americans over the age of 50 are considered at risk of developing the disease. Retinal cell transplantation has been shown to benefit patients and may become a key…

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Month: May 2012