Blog - Page 3175 of 5441

FridayJul 08, 2011 3:18 pm

China Auto Logistics, Inc. (CALI) Closes Sale for Three Million Unregistered Common Shares

China Auto Logistics, Inc., a leading developer of automobile-related websites, announced today that last week it closed a sale of three million unregistered common shares to accredited individual investors at an above market price of $1.75 per share. The sale raised a total of $5.25 million for general corporate purposes. China Auto expects that most of the proceeds of the stock sale will be used in the second half of 2011 to complete the acquisition of an auto mall in Tianjin; the company intends to convert this location into the largest auto dealer in the city, selling over 70 different…

FridayJul 08, 2011 2:00 pm

Newport Digital Technologies, Inc. (NPDT) Rounds the Bases at PETCO Park

When Newport Digital Technologies recently announced that they, along with SASCO Electric, had been chosen by the San Diego Padres baseball club to redesign all audio and digital signage opportunities for San Diego’s popular PETCO Park, it provided a spectacular opportunity for Newport to show what advanced digital technology can do, while effectively opening the door to stadium opportunities across the country. The goal is to provide the park with the highest quality video, audio, and digital signage capabilities, not only for fans but for potential advertisers. In particular, the Padres organization has stated its commitment to keeping PETCO Park…

FridayJul 08, 2011 1:10 pm

Hyperdynamics Corp. (HDY) Announces Transfer of Listing to New York Stock Exchange

Hyperdynamics Corp., an operator of an independent oil and gas exploration company with prospects in offshore Republic of Guinea, northwest Africa, has announced that it will be transferring the listing of its common stock to the New York Stock Exchange (NYSE) from the NYSE Amex. The Company expects to commence trading on the NYSE on or about Monday, July 11, with its current ticker symbol “HDY.” "Our move to the New York Stock Exchange is an important next step in our progress as a company and in our drive to build shareholder value for the long term," said Ray Leonard,…

FridayJul 08, 2011 1:08 pm

ActiveCare, Inc. (ACAR) to Add Medication Compliance Solution to Its New ActiveHome Monitoring System

ActiveCare, Inc. is a service leader in care for the elderly, disabled or chronically ill, allowing its members to live independently longer. The company's solution incorporates sensor technologies that allow members to be constantly monitored both in their own home and on the go. The company announced today the addition of breakthrough technology for medication adherence as part of its comprehensive ActiveHome Monitoring System. Partnering with MedMinder, ActiveCare's combination of monitoring services with a smart wireless pill dispenser, offers a comprehensive approach to medication compliance. Filled once a week and looking like a standard pill box, the MedMinder solution is…

FridayJul 08, 2011 9:45 am

Trident Microsystems Inc. (TRID) Video Chart for Friday, July 8, 2011

TRID has put together several bounces over the last few months. Presently, the chart looks to be rounding-out another bottom, which could lead to another bounce or possibly a true reversal. Technical traders will be watching for the support around $0.68 to hold. To view the video chart, visit the following link: http://www.qualitystocks.net/videocharts Let us hear your thoughts below:

FridayJul 08, 2011 8:59 am

Brazil Fast Food Corp. (BOBS) Announces Results of Their 2011 Annual Stockholder Meeting

Yesterday, Brazil Fast Food Corp. announced the results of their 2011 annual stockholder meeting held on June 30, 2011 at Brazil Fast Food's corporate headquarters. Brazil Fast Food Corp. is the second largest fast-food restaurant chain in Brazil with 781 points of sale. The Company operates under the Bob's brand, KFC and Pizza Hut São Paulo as franchisee of Yum! Brands, and Doggis as franchisee of Grupo de Empresas Doggis S.A. At the Company's 2011 annual stockholder meeting, five directors received election to serve on Brazil Fast Food Corp.’s Board until the annual meeting of shareholders in 2012. This is…

FridayJul 08, 2011 8:50 am

Brenham Oil & Gas Corp. (BRHM) Signs LOI to Purchase Oil Field

Brenham Oil & Gas Corp. reported that the company has executed a letter of intent to acquire a producing oilfield in the United States. The agreement is subject to a due diligence review of reserve, production and other data on the property. Brenham Oil & Gas said that the property is located in the Permian Basin in Texas and consists of 200 oil wells situated on 5,000 acres of leasehold. The company will pay $6 million and commit to spending an additional $6 million for future development costs at the field. Brenham Oil & Gas will allocate the $6 million…

FridayJul 08, 2011 8:39 am

Penford Corp. (PENX) Posts Q3 Financial Results with Record Revenues in Both Segments

Penford Corp., developer of renewable ingredient systems for industrial and food applications, today reported its third quarter fiscal 2011 results, posting an increase in sales and a narrower loss. Penford operates through two segments: Industrial Ingredients and Food Ingredients. Consolidated sales for the quarter ended May 31, 2011, increased 38 percent to $85.2 million compared to consolidated sales of $61.9 million in the year ago quarter. The company attributes the increase to improvements in ethanol volumes and pricing. Consolidated income from operations for the third quarter increased to $2.5 million compared to an operating loss of $4.1 million in the…

FridayJul 08, 2011 8:33 am

Hutchinson Technology Inc. (HTCH) Posts Prelim Q3 Results, Shipping Expectations for Q4

Global technology company Hutchinson Technology Inc. yesterday reported its preliminary results for the third quarter of fiscal 2011, noting a shift in consumer demand and outlook for the upcoming quarter. For the three months ended June 26, 2011, Hutchinson said it completed roughly 118 million suspension shipments, reflecting a 15 percent increase over second-quarter shipments of 102.3 million. Net sales for the quarter were approximately $72 million, up 14 percent over second-quarter net sales of $63.3 million. Wayne Fortun, Hutchinson’s president and CEO, detailed the company’s expectations for the fourth quarter of 2011 based on changing industry demands. “Our shipments…

FridayJul 08, 2011 8:32 am

Augme Technologies, Inc. (AUGT) Launches New Branding Supporting Recent Growth

Augme Technologies, Inc., a strategic services and technology company for consumer and healthcare brands, recently announced the launch of its new brand, which includes visual and verbal expression of the company’s operations, reflecting the company’s 2011 milestones as it achieved a 700 percent increase in revenue over the previous year. The new brand showcases a simplified logo, “mSolutions for mMarketing,” reflecting its mobile solutions and products, mConsumer and mHealth. Augme launched its mobile marketing business more than six years ago, and recently achieved a milestone of quarterly revenue at approximately $1.0 million for the fourth quarter of fiscal 2011. The…

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