Blog - Page 3055 of 5585

TuesdayAug 14, 2012 4:15 pm

GlobalWise Investments, Inc. (GWIV) Achieves Triple-Digit Sequential Revenue Growth and Substantial Increase in Gross Profit

GlobalWise Investments and its wholly owned subsidiary Intellinetics, Inc., an enterprise content management (“ECM”) software development, sales, and marketing company serving both public and private sector clients, just reported financial results for the second quarter ended June 30, 2012. Notably, total revenues were 146% greater than the previous quarter; they were up 52% compared to the same period in 2011. Even more impressive, gross profit improved to $597,123, a 959% increase over the first quarter of $56,381, and a 64% increase compared to $364,661 in the year-ago second quarter. Other highlights include: (1) Gross profit margin increased to 67% compared…

TuesdayAug 14, 2012 1:57 pm

InfoSonics Corp. (IFON) Reports Profitable Q1 FY12 Data, Fourth Consecutive Quarter of Record Sales by verykool® Brand Handsets

InfoSonics, the San Diego headquartered parent for a network of subsidiaries organized around the design, manufacturing, and commercial sale of the company's verykool® brand wireless handsets and related products/solutions to global end markets (primarily Latin America, Europe, Africa, and also Asian markets at this time), reported Q1 FY12 financials today, marking yet another quarter of profitability for the company, driven by a fourth consecutive quarter of record sales dominated by the verykool® brand business segment. Q1 FY12 (ended March 31): • Net Sales up 30% from the same quarter in the prior year to $12.4M • Gross Profit up a…

TuesdayAug 14, 2012 12:10 pm

Neonode, Inc. (NEON) Reports Solid Second Quarter 2012 Results

Neonode is a company focused on developing and licensing the next generation of MultiSensing touch technologies, enabling companies to separate themselves from their competition by making high performing touch solutions at a competitive cost. The company's state-of-the-art technology has features such as low latency pen or brush sensing, high-speed scanning, proximity-, pressure-, and depth sensing capabilities along with object-size measuring. Its technology is used in a wide variety of devices including smartphones, tablets, e-readers, toys and gaming consoles, and office equipment. The company today reported the highlights for its second quarter which ended June 30, 2012. Neonode earned 23 design…

TuesdayAug 14, 2012 10:29 am

Glowpoint, Inc. (GLOW) Reaches Agreement to Acquire Affinity VideoNet

Glowpoint, a prominent supplier of cloud managed video services worldwide, announced that it has reached an agreement regarding the acquisition of Affinity VideoNet, a leading global provider of public videoconferencing rooms and managed videoconferencing services to professional service organizations. Affinity’s professional services customers will be able to access a vast array of amenities using Glowpoint’s OpenVideo® cloud platform. Furthermore, the Glowpoint executive team will be bolstered with the addition of President and CEO of Affinity VideoNet, Peter Holst, as Senior Vice President of Business Development. Holt will be the point man for integration efforts, and responsible for delivering the expanded…

TuesdayAug 14, 2012 9:07 am

InSite Vision, Inc. (INSV) and Merck Subsidiary Amend Payment Terms of AzaSite License

InSite Vision, a company advancing ophthalmologic products to address unmet eye care needs, today announced that Merck & Co. Inc., via subsidiary Inspire Pharmaceuticals Inc., has agreed to amend the payment terms of the companies’ AzaSite® 1% license agreement, payable on a quarterly basis. Per the agreement, Merck will pay InSite the higher of the pro-rata annual minimum royalty or the earned royalty for 2012 and 2013; the minimum royalties due to InSite for 2012 total $12 million. Minimum royalties for 2013 are $19 million, or $4.75 million per quarter. Merck also will pay InSite a catch-up payment of about…

TuesdayAug 14, 2012 8:09 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 week we send dozens of tweets to bring our followers…

MondayAug 13, 2012 5:04 pm

US Housing Market: In Recovery Mode or Not?

One of the key questions both economists and investors have to ask themselves is whether the U.S. housing market is finally in recovery mode or still just half way through a lost decade, with home prices already down a third from the 2006 peak? The answer to this question is important to the future of the American economy, at least according to the International Monetary Fund (IMF). It said recently that the housing market is vital to eventually boosting economic growth and reducing high levels of unemployment in the United States. The IMF forecast that there will be a need…

MondayAug 13, 2012 12:58 pm

Scio Diamond Technology Corp. (SCIOE) Pumping Out High-Grade Reactor-Grown Diamonds, Appoints 30-Year Business Veteran to Board of Directors

Scio Diamond, the developers of a revolutionary series of patented methods/processes for growing the kind of real diamonds which are in increasingly high demand across all global commercial/industrial markets, reported appointment today of 30-year veteran business leader/manager, Bern McPheely, to the company's Board of Directors as a non-executive member. Fast on the heels of the recent (July 31) milestone of producing over 1k carats of their CVD (chemical vapor deposition) single-crystal diamond and the initiation of shipment to customers, this appointment looks to catalyze the company's forward momentum by bringing a heavy-hitter with broad international business experience to the Board's…

MondayAug 13, 2012 10:53 am

Kandi Technologies Corp. (KNDI) Signs Agreement in China for Promotion of Pure Electric Vehicles

Kandi Technologies is a leading Chinese developer, manufacturer, and seller of electric vehicles, motorcycles, all-terrain vehicles (ATVs), and specialized utility vehicles (UTVs). Its electric vehicles have been approved for sale in China since 2010, and the company also exports these vehicles to the United States and other countries around the world. The company announced today that its wholly-owned subsidiary, Zhejiang Kandi Vehicles Company Limited, has signed a cooperative framework agreement for the promotion of self-driving electric vehicle rental for public transportation in Hangzhou Project with Zhejiang Guoxin Vehicle Leasing Company. The main provisions of the framework agreement include: Guoxin Leasing…

MondayAug 13, 2012 10:28 am

Active Health Foods, Inc. (AHFD) ACTIVE X Bars Featured At UNFI Supplier Con

Active Health Foods recently announced that the company's ACTIVE X energy bars will be featured at the upcoming UNFI West Supplier Conference, held on August 20 in San Diego. Active Health Foods will meet with the 95 UNFI sales team members that will be representing the product. Active Health Foods is focused on producing and marketing healthy snack foods, energy bars, and beverages under the ACTIVE X and All Natural Flavors brands. ACTIVE X is 100% organic certified, 100% natural, kosher and vegan, and is available in four flavors: Almond Chocolate Delight, Peanut Butter Chocolate Joy, Cashew Berry Dream, and…

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