Blog - Page 3031 of 5454

TuesdayFeb 07, 2012 3:59 pm

China BAK Battery (CBAK) Posts Q1 2012 Financial Results, Outlook

China BAK Battery Inc., a leading global manufacturer of lithium-based battery cells, today announced its financial results for the first quarter of fiscal year 2012 for the three months ended December 31, 2011. Net revenues for the first quarter of fiscal 2012 were $71.8 million, up 12.9 percent from $63.5 million for the comparable quarter of fiscal 2011. The company reported gross profit for the first quarter of fiscal year 2012 at $14.0 million, a 40.4 percent increase over the $10.0 million reported in the same quarter of last year. Gross margin of 19.6 percent was a significant increase over…

TuesdayFeb 07, 2012 3:51 pm

Axion Power International, Inc. (AXPW) Reports Completion of Direct Equity Offering

Axion Power International reported the successful completion of recent capital raising activity, providing the company with funds to help continue manufacturing and marketing its battery product line. Axion Power said that the company raised gross proceeds of $9.4 million through a registered direct common stock offering to a group of institutional investors. The shares were sold at $0.35 per share, which represented the average price of the company’s common stock on a volume weighted basis during a 40 day period prior to the offering. The offering raised $8.6 million after expenses, and Axion Power plans to use the net proceeds…

TuesdayFeb 07, 2012 3:42 pm

SmallCapVoice: Sino Payments (SNPY) Merger Partner TAP Signs New Large Contract with Wincor Nixdorf

Sino Payments, Inc., a technology Company providing proprietary IP transactions processing services to the retail industry, today announced that as a follow on to the recently announced merger with TAP Investments Group, a TAP wholly owned subsidiary in the People’s Republic of China (PRC) has signed a contract worth over USD1.5 Million with Wincor Nixdorf for the provision of Helpdesk, Hardware, Software Maintenance, New Store Opening and IMAC services to the world #1 Health & Beauty retailer’s 1100+ retail outlets in the PRC. The contract services started on the 1st of January 2012 and will last until 31stDecember 2012. TAP…

TuesdayFeb 07, 2012 2:14 pm

Projects Prove Success of Strategic American Oil Corp. (SGCA) Strategy

The success of an oil and gas exploration and development strategy is best seen in the projects it generates. Strategic American Oil’s objectives of using 3D seismic data and other technologies to identify and acquire the best domestic oil and gas opportunities has led to the following projects. • TEXAS: Galveston Bay Energy - Acquired in February of 2011, Galveston Bay Energy represents multiple high-value drilling targets, with 4 fields: Trinity Bay, Fisher’s Reef, Red Fish Reef, and North Point Bolivar. The company’s careful target valuation strategy paid off, with the quick re-completion and production of the Fisher’s Reef G2-3A…

TuesdayFeb 07, 2012 1:58 pm

Vringo, Inc. (VRNG) Retains the Hodges Partnership to Lead Public Relations Efforts

Located in New York, Vringo provides software platforms for mobile, social, and video applications. Today, Vringo took a major step forward when they announced that The Hodges Partnership has joined the company as their public relations counsel. The Hodges Partnership will head up national public relations for Vringo and its mobile application product, “Facetones.” Located in Richmond, Virginia, The Hodges Partnership has represented such well-known brands as CarMax, Capital One, Allianz, Hamilton Beach, and Rolls-Royce. Leading the way at Vringo is Andrew Perlman whom serves as the company’s President. In reference to this news, Perlman stated, “Bringing on a team…

TuesdayFeb 07, 2012 1:33 pm

GlyEco, Inc. (GLYE) Announces Purchase of Assets from Recycool

GlyEco Inc. is a green chemistry company focused on rolling out proprietary and patent-pending recycling technology. The company's branded GlyEco Technology transforms a hazardous material, such as antifreeze, into profitable green products. More specifically, GlyEco’s technology recycles used glycols. The company’s process is the only process than can cleanse all five major types of waste glycols to a superior level of purity, allowing the glycols to be re-used safely. Glycols are primarily used in five industries: HVAC, automotive, airline, textiles, and medical. Currently 85% of this waste is simply disposed of in our waters. The company announced today that it…

TuesdayFeb 07, 2012 12:30 pm

EquityFeed – The Ultimate Trading Platform for Active Traders

Every day we have to rely on a market data provider to ensure we have the latest, most accurate information. Because so many depend on our content to make better informed trading decisions, it’s imperative we have access to the most powerful trading tools available. Over the past few years we’ve tested many different trading platforms, but none have come close to EquityFeed. Here’s just a brief snapshot of all the tools offered with a subscription: • Robust Filters – The streaming algorithmic filter module lets traders setup technical scans for a continuous flow of trade opportunities. • Technical Trading…

TuesdayFeb 07, 2012 10:59 am

Merge Healthcare (MRGE) Selected by Southern Illinois Healthcare to Provide Enterprise-Wide Cardiology Imaging and Informatics Strategy

Merge Healthcare, a leading provider of enterprise imaging and interoperability solutions, announced that it will provide its entire cardiology solution suite to Southern Illinois Healthcare system to create an integrated and enterprise wide imaging platform that allows physicians access to health related images any time, anywhere. In all six of its hospitals and healthcare clinics, Southern Illinois Healthcare will implement Merge's full suite of cardiology solutions. "Our challenge was that we were not consistent across our products; we had a piece meal approach that made workflow difficult for our physicians. It’s our job to provide our physicians with the tools…

TuesdayFeb 07, 2012 10:49 am

Pulse Beverage Corp. (PLSB) Expands with Six New Distributors

Yesterday, the Pulse Beverage Corp. announced that it has secured six new distributors for its products to expand throughout Wyoming and Wisconsin. Pulse Beverage manufactures and markets the Cabana 100% Natural Lemonade and NutriPurpose beverage lines. The company is also preparing to launch its PULSE brand of beverages that were originally developed by a major healthcare company. The Wisconsin distributors Pulse has secured include Webb & Gerritsen, Kay Beer Distributing, and Lee Beverage of Wisconsin. In Wyoming, Pulse has made deals with Metz Beverages, Stoval Beverage, and Rocky Mountain. Paddy Sheya, VP and National Sales Manager for Pulse, said, "With…

MondayFeb 06, 2012 5:12 pm

Echelon Corp. (ELON) Receives European Smart Metering Innovation of the Year Award 2012

Echelon Corp., a global leader in open standard energy control networking, announced today that its Networked Energy Services (NES) smart grid system has received the European Smart Metering Innovation of the Year Award 2012. The award, which recognizes innovation and achievements from smart metering solution providers, was presented to Echelon at the Smart Metering UK and Europe Summit on Jan. 26 in London. The awarding judges included utilities and industry experts from across Europe. Echelon was chosen because its system has redefined the function of a smart meter, adding to the device’s traditional automated billing role and additionally making it…

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