Blog - Page 3180 of 5578

WednesdayDec 28, 2011 12:36 pm

Beacon Equity Research Featured Company: Bering Exploration, Inc. (BERX)

Bering Exploration, Inc. is an independent oil and natural gas company engaged in the identification, evaluation, devilment and acquisition of potential natural gas and oil wells with initial focus on drilling prospects along TX & LA Gulf Coast. The company aims to aggressively build shareholder value through acquisition & exploration of energy resources. Bering believes it is the right time to heavily invest in acquiring domestic reserves as demand for energy will only continue to build in the U.S and around the world for years to come. The company’s strategy is to engage in a continuing program of low to…

WednesdayDec 28, 2011 12:34 pm

Aeolus Pharmaceuticals (AOLS) Posts Q4, FY 2011 Financial Results, Operational Highlights

Aeolus Pharmaceuticals Inc. announced its financial results for the three and twelve months ended September 30, 2011, as well as several key operational accomplishments achieved during the year. Aeolus reported total revenues for full-year 2011 at $4.8 million compared to no revenue in full-year 2010. Net income for 2011 was $0.3 million, or $0.01 per basic share, which includes a non-cash gain of approximately $3.9 million related to decreases in the fair value of the warrants, as compared to a 2010 loss of $25.9 million, or $(0.53) per basic share, which includes a charge of approximately $21.3 million related to…

WednesdayDec 28, 2011 12:29 pm

Magic Software Enterprises, Ltd. (MGIC) Acquires BluePhoneix’s AppBuilder Platform for $13.5 Million

Today, Magic Software Enterprises, Ltd. announced that it has acquired BluePhoneix's AppBuilder activity for $13.5 million. AppBuilder is a comprehensive application development infrastructure that enables development teams to build, deploy, and maintain large-scale, custom-built business applications. Currently used by many Fortune 100 companies around the globe, AppBuilder is recognized in the industry as a powerful, model-driven tool. According to the acquisition agreement, Magic Software paid out a net amount of $13.5 million. $4 million of the total purchase amount will be held in escrow accounts pending fulfillment of certain obligations of BluePhoenix under the sale agreement. Regarding the acquisition, Guy…

WednesdayDec 28, 2011 12:26 pm

North Springs Resources Corp. (NSRS) Moves to Secure Working Interest in Premiere Arizona Gold Property

North Springs Resources Corp., already well-positioned in high-grade bulk tonnage gold via their Nevada-based, North Springs Gold Property (situated in the same trend as the Mineral Ridge deposits containing a current resource of some 500k oz Au), recently reported signing a letter of intent with DNP Mining LLP to acquire a 20% working interest in one of Arizona’s gold properties for $500k. President of NSRS, Harry Lappa, spoke very favorably of this acquisition in the Goldstar/One Armed Joe Project, a 180-acre (9 claim block) stretch of some 900 feet of quartz veins (600 Goldstar, 300 One Arm) just outside the…

WednesdayDec 28, 2011 12:07 pm

Hyperdynamics Corp. (HDY) Video Chart for Wednesday, December 28, 2011

HDY has true bounce play potential. A support level has been established at $2.00 and it appears that some positive momentum is trying to build. To view the video chart, visit the following link: http://www.qualitystocks.net/videocharts Let us hear your thoughts below:

WednesdayDec 28, 2011 10:50 am

FieldPoint Petroleum Corp. (FPP) Updates Oil and Gas Activity in New Mexico

FieldPoint Petroleum Corp. issued an operations update on the company’s recent oil and gas activity in the United States. FieldPoint Petroleum is active in the western United States and recently put the East Lusk Federal 15 #1 well into production in Lea County, New Mexico. The company reported that the well produced 578 barrels of oil during a twenty four hour period, up significantly since first reported production of 446 barrels of oil per day. FieldPoint Petroleum said that the East Lusk Federal 15 #1 well is producing 804,000 cubic feet of natural gas per day. The company is not…

WednesdayDec 28, 2011 10:46 am

American Apparel (APP) Increases Presence in UK with New Store in London

American Apparel, a Los Angeles based vertically integrated manufacturer, distributor and retailer of branded fashion basic apparel, today announced that it has opened its 18th location in the UK at the Westfield London. The mall attracts nearly 30 million people each year. In the new Westfield London location, American Apparel will sell both women's wear and unisex styles ranging from basics and staple garments to more high end fashion pieces and seasonal outerwear. This new store is only one piece in an expansion effort in the UK and Europe. "Westfield London is one of the largest shopping centers in all…

WednesdayDec 28, 2011 10:42 am

Quantum Fuel Systems Technologies Worldwide (QTWW) Enters Strategic Relationship with Major Wind Turbine Manufacture to Finance and Develop Wind Farms Globally

Quantum Fuel Systems Technologies Worldwide, Inc., a fully integrated alternative energy company, in conjunction with their wholly-owned subsidiary Schneider Power, Inc., one of Canada's premier renewable energy companies, recently announced a new strategic agreement between Schneider's wholly-owned subsidiary, Trout Creek Wind Power, and a major global wind turbine manufacturer for the financing and development of wind farms in North America. Terms of the deal include that the manufacture will provide a maximum of CDN $24 Million dollars for financing the construction of the generation facility. The Company will utilize the manufacturer’s wind turbines at the 10 MW Trout Creek Wind…

WednesdayDec 28, 2011 9:53 am

Beacon Enterprise Solutions Group, Inc. (BEAC) Reaps the Rewards of Smart Decisions

The recent conference call from Beacon Enterprise Solutions summarized substantial increases in sales, reduced operating expenses, an improved cash position, and income from operations that was positive for the first time in the company’s history. Most impressively, the results can be traced directly back to operational and strategic decisions that were carefully conceived and implemented over the past 1-2 years. The call, hosted by Chairman and CEO Bruce Widener, along with President and COO Jerry Bowman, and VP Corporate Controller and Treasurer Scott Fitzpatrick, provided an overview of Beacon’s fiscal year and fourth quarter, ending September 30, 2011. Net sales…

TuesdayDec 27, 2011 5:53 pm

Kranem Corp. (KRAN) Announces Acquisition of Adora ICT Srl.

Earlier today, Kranem Corp. announced that it acquired privately-held Adora ICT Srl., a company that specializes in the evaluation of data and systems security risks and recommendation of appropriate solutions. In addition to providing a strong technical staff and solid customer list, Adora will provide Kranem with an important presence in the Italian data security and analysis market. Last year, Adora reported net revenue of over $4.0 million and was profitable. Mr. Ajay Batheja, Kranem's CEO, commented, "We believe this acquisition will provide a strong opportunity to introduce Kranem's homeland security products to the European law enforcement.” Kranem Corp. is…

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