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ThursdayMar 22, 2012 3:33 pm

Jobless Claims Down to Four-Year Low

Evidence of an improving job market came in last week, with the number of Americans claiming new state unemployment falling by some 5k to a seasonally adjusted 348k, the lowest since Feb 2008 (according to the Labor Department data released yesterday). The previous week beat out the Reuters poll of economists slightly, with the upwardly revised 353k falling just short of projections by a thousand. This means that the better benchmark, the four-week moving average for new claims, declined, showing an improving labor market as claims fell 1,250 to 355k. Covering the survey week for March nonfarm payrolls, the claims…

ThursdayMar 22, 2012 2:55 pm

REE International, Inc. (REEI) Announces Joint Venture with B.M. Gold

REE International, a U.S. based mineral exploration company focused on the exploration and production of rare earth elements, recently announced that it has entered into a joint venture agreement with B.M. Gold, a South American mining company. B.M. Gold owns and manages substantial mining properties throughout South America, focusing primarily on the production of gold, silver, tantalum, and copper. Tom Mackay, CEO of REE International, stated, "We are excited about the prospects of this new partnership with B.M. Gold. We feel that it could be extremely lucrative and beneficial for both parties. B.M. Gold's management team has over 50 years…

ThursdayMar 22, 2012 1:37 pm

American Strategic Minerals Corp. (ASMC) and Ablation Enter Joint Venture to Manufacture Uranium Separation Technology

American Strategic Minerals today announced its joint-venture agreement with Ablation Technologies LLC, in which the companies will manufacture and operate Ablation’s patented technology at the Ablation manufacturing facility in Casper, Wyoming. Ablation’s technology mechanically separates the uranium-bearing fractions from the uranium-free fractions of uranium-bearing ores, reducing by up to 95 percent the amount of ore required for processing at conventional milling facilities, by which 90 percent of uranium resources in the U.S. are derived. The companies believe that the Ablation process will substantially reduce the need for conventional milling facilities, as well as reduce associated recovery process costs. "The process…

ThursdayMar 22, 2012 1:33 pm

Next 1 Interactive, Inc. (NXOI) and 3RD Home Ink Agreement to Provide Unique Luxury Travel Options

Next 1 Interactive, a multi-faceted media company specializing in travel and real estate, today announced its agreement with 3RDHome.com, in which Next 1 will offer travel options and incentives to its customers and 3RD Home vacation owners. “We see this agreement as the beginning of a valuable relationship between two companies with great concepts and services, and it should clearly allow for extra benefits to our 3RD Home customers,” Wade Shealy, CEO of 3RD Home, stated in the press release. 3RDHome.com provides second home owners a means of “expanding” the use of their second home without using it as an…

ThursdayMar 22, 2012 12:27 pm

ECOtality, Inc. (ECTY) Joins with Regency Centers at 19 Locations Nationwide

ECOtality is a leader in clean electric transportation and storage technologies with a history dating back to 1989. The company's goal is to accelerate the market applications and acceptance of clean technologies to replace carbon-based fuels. The company announced today that it entered into a partnership with Regency Centers (NYSE: REG) to install Blink brand electric vehicle charging stations at 19 Regency locations nationwide. The two companies worked together to identify the 19 sites and approximately 40 charging stations to be installed in markets in California, Arizona, Texas, Oregon, Tennessee, and the District of Columbia. Regency Centers is just the…

ThursdayMar 22, 2012 11:36 am

Broadcast International, Inc. (BCST) Means Advanced Network Communication

For over 25 years, Broadcast International has been providing video, audio, and web broadcasting solutions to businesses worldwide, including IP, digital satellite, Internet streaming, digital signage, and other types of wired/wireless network distribution. A key element in the company’s technology arsenal is their patented CodecSysTM software, a breakthrough in artificial intelligence based video compression technology, cutting bandwidth requirements for satellite, cable, IP, and wireless networks by more than 50%. It represents the industry’s most powerful software based encoder and transcoder, easily tuned to deliver higher quality at current bandwidths, or maintain current quality at much lower bandwidths. CodecSys is more…

ThursdayMar 22, 2012 8:25 am

The Cloud Computing Revolution Hits ECM

One could make a good case that the move to cloud computing represents the biggest change in information processing since the introduction of personal computing. Recent estimates put the cloud computing market at $150 billion by 2013, mostly due to the increase in cloud usage by small and medium size business. In its most general sense, cloud computing is a term used by some to represent any significant degree of computer processing that is done remotely and communicated through the Internet, allowing it to be sold as a service to end users, and reducing or removing the need for extensive…

WednesdayMar 21, 2012 2:04 pm

American Standard Energy (ASEN) Posts FY 2011 Financial Results, 80% Revenue Growth

American Standard Energy Corp., a domestic oil and gas exploration and production company, today announced results for the 12 months ended December 31, 2011, reflecting impacts from properties acquired in February and March of last year. "We believe that the company delivered meaningful growth on multiple fronts in 2011. We completed five acquisitions in 2011, which included both production and key acreage position,” Scott Mahoney, CFO of American Standard stated in the press release. “As a result, we were able to invest almost 80 percent of our capital budget in 2011 for drilling, while increasing our total acreage positions by…

WednesdayMar 21, 2012 1:52 pm

Beacon Enterprise Solutions Group, Inc. (BEAC) Wins Trust as Key Data Center Resource

It has been argued that facility and enterprise data centers are to an organization what a brain is to the human body. Data centers have become the indispensable nerve center to almost every major, and not so major, business operation. In addition to providing day-to-day holding and processing of almost all vital organizational information, data centers are often critical to both internal and external communications, and can control the organization’s interface with the outside world. It’s impossible to overstate their importance. As a result, ensuring the comprehensive functionality and operational security of the data center has become IT job number…

WednesdayMar 21, 2012 1:44 pm

ESP Resources, Inc. (ESPI) Posts Q4, FY 2011 Financial Results

ESP Resources, an oil and gas company operating through its wholly owned subsidiary ESP Petrochemicals, offers analytical services and custom-blended oil and gas well chemicals to improve production yields and overall efficiencies. The company today announced its financial results for the full year and fourth quarter ended December 31, 2011. "2011 was marked by an expansion in our sales coverage and a significant increase in our sales growth, coupled with continued focus on improving margins and building out our infrastructure to accommodate our current and future customers. We effectively doubled our sales volume for both the full year and fourth…

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