Blog - Page 3073 of 5583

ThursdayJul 05, 2012 5:12 pm

American Apparel, Inc. (APP) Releases Preliminary June and Q2 Sales

American Apparel is a vertically integrated US-based manufacturer, distributor, and retailer of branded fashion basic apparel. The current fiscal month ended on June 30, 2012, and the company announced preliminary total net sales increases of 16% when compared to the previous year. Year-over-year store sales also increased 19% and wholesale net sales increased an estimated 8%. Robust quarter sales increases are also preliminarily reported, with comparable store sales increasing 12% year-over-year, and whole sale net increases of 10%. “We are very pleased to report strong sales performance across all distribution channels and geographies and these results again exceeded our expectations,”…

ThursdayJul 05, 2012 3:52 pm

ENGlobal Corp. (ENG) Awarded Contract by U.S. Military for Support Services

Today, leading provider of energy-related project delivery solutions, ENGlobal, announced that it is one of three firms to receive a multiple-award contract by the U.S. Military for the procurement of automated fuel handling equipment (AFHE) support services. The cumulative value of the fixed-price contracts is estimated at $215 million. If it reaches that amount, work could continue until June 2017. These factors are contingent upon the U.S. Navy exercising all options. The scope of the project awarded to ENGlobal includes development, design, engineering, fabrication, integration, installation, quality assurance, logistics, maintenance, life-cycle management, and technical support for AFHE systems. The company…

ThursdayJul 05, 2012 3:20 pm

Diversinet Corp. (DVNTF) Newly Appointed Chairman to Guide alongside CEO Pak

Diversinet today announced the appointment of Bret W. Jorgensen as chairman of the board, tailing the recent announcement of Dr. Hon Pak as the company’s CEO. Together, Jorgensen and CEO Pak will work to execute Diversinet’s focuses on patient engagement and care coordination. "We are very fortunate to have attracted two deeply experienced and forward-thinking healthcare professionals," stated Albert Wahbe, who retired as Diversinet’s chairman but will still serve as a member of the board. "The healthcare environment is evolving rapidly, with an emphasis on patient-centered mobile technology, and Bret and Hon bring the right mix of experiences to drive…

ThursdayJul 05, 2012 2:19 pm

GlobalWise Investments, Inc. (GWIV) Solves Problems in Both Public and Private Environment

Companies and government agencies around the country use GlobalWise Investments software to make the storage and retrieval of important electronic or scanned documents more efficient. The company’s cloud-based solution, through its Intellinetics subsidiary, is based upon an open architecture, compatible with all major operating systems, and is Open Database Compliant for seamless integration into any existing database. The system uses a special algorithm for compressing stored information, allowing files to be easily searched and retrieved in mere seconds, independent of the number of users or files involved, or even the size of the network. One of many examples of the…

ThursdayJul 05, 2012 12:51 pm

June 2012 Sales Up 5 Percent for Tandy Leather Factory, Inc. (TLF)

Tandy Leather Factory is a specialty retailer and wholesale distributor of a broad product line, including leather, leather-working tools, buckles and adornments for belts, leather dyes and finishes, saddle and tack hardware, and do-it-yourself kits. The company sells and distributes its product line through its 29 Leather Factory stores, 77 Tandy Leather stores, and three combination retail/wholesale stores in the United Kingdom, Australia, and Spain. The company reported today that its sales for the month of June were $5.5 million, up 5 percent compared to June 2011 sales of $5.3 million. Year-to-date sales for Tandy are also solidly higher, rising…

ThursdayJul 05, 2012 9:16 am

Labor Smart, Inc. (LTNC) is “One to Watch”

Labor Smart has built a small empire in the U.S. South East, specializing in providing a comprehensive array of temporary, on-demand manpower solutions, with prime locations in some of Alabama, Georgia, South Carolina, and Tennessee’s major markets. Providing labor solutions to a variety of Construction, Demolition, Event Services, Hospitality, Landscaping, Manufacturing/Production, Restoration, Retail, and many other types of clients, Labor Smart has risen to prominence in a very short time, cementing its brand and reputation among temporary personnel and clients alike. Labor Smart has been able to distinguish itself from other operators in the space through rigorous attention to managing…

ThursdayJul 05, 2012 8:59 am

XsunX, Inc. (XSNX) Moves Toward First Customer Demonstrations of CIGSolar

XsunX, developer of the patent-pending solar cell manufacturing process CIGSolar, announced its technology development and marketing operations are being expanded to a new facility in Irvine, Calif. The company received equity financing through Ironridge Global IV, Ltd., an institutional investor that finances small cap public companies in the energy market. XsunX has been working toward the assembly completion of its CIGSolar TFPV cell manufacturing system, as well as establishing a marketing facility to create a hands-on demonstration environment for customers. Offered in exchange for unregistered shares of common stock, the Ironridge investment helped enable XsunX to settle around $500,000 in…

TuesdayJul 03, 2012 3:12 pm

Great Wall Builders Ltd. (GWBU) Receives Confirmation of EURO 40Mln Bank Guarantee from BNL Gruppo BNP Paribas

Great Wall Builders, operating as "Start Technologies Europe s.r.o.", today announced it received confirmation of a EURO 40 million bank guarantee from Banca Nazionale del Lavoro SPA - Gruppo BNP Paribas (BNL) as part of the company’s international distribution Coopsette Soc Coop contract, which Start signed last month for its Start Fuel Efficiency and Emission Device (FEED) units. The contract calls for a minimum purchase of EURO 120 million of the company’s Start FEED units in the first three years, with units delivered quarterly. Start Technologies Europe, a wholly owned subsidiary of GWBU, will manufacture the units. "The BNL Bank…

TuesdayJul 03, 2012 1:54 pm

Radius Gold, Inc. (RDU.V) Tlacolula Property in Mexico Returns High-Grade Gold/Silver Results, Exploration of Two Main Identified Veins Planned

Radius Gold, which has already established a strong precious metal acreage footprint in Guatemala, Nicaragua, Peru, and Mexico, reported today on completion of work at the company’s 100%-owned Tlacolula Property in a resource-rich district of Oaxaca, Mexico, by Fortuna Silver Mines Incorporated (which has the option to acquire up to a 60% interest via staged annual payments of $250k in cash and stock, the outlay of at least $2M in CAPEX at the site, and some 4,921 feet of drilling within three years). [The kind of high-grade silver, as well as gold-bearing low sulphidation epithermal vein mineralization that characterizes the…

TuesdayJul 03, 2012 12:12 pm

Labor Smart, Inc. (LTNC) Revenues Continue to Jump

Facing an economic environment still in a slump, Labor Smart, an emerging provider of on-demand temporary labor, primarily for the SMB (small and medium sized business) market, has done remarkably well. The Georgia based company has just announced that revenue for the first half of the company’s fiscal year, January 1 through June 15, has exceeded $2.5 million. Labor Smart was incorporated on May 31, 2011, and only began trading on the OTCBB two months ago. The company’s CEO, Ryan Schadel, commented on the company’s surprising growth: "This is a major milestone for our young, fast growing company. We booked…

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