Blog - Page 3238 of 5436

TuesdayMay 03, 2011 3:42 pm

Kulicke & Soffa Industries Inc. (KLIC) Posts Q2 Results and Strong Q3 Guidance

Kulicke & Soffa Industries Inc., a leading designer and manufacturer of LED assembly equipment, today announced results for its second fiscal quarter ended April 2, 2011. For its second quarter of fiscal 2011, the company reported net revenue of $206.7 million, up 34.4 percent from the comparable quarter of last year. Net income gained 88.5 percent at $39.9 million, or $0.54 per diluted share. Bruno Guilmart, Kulicke & Soffa’s president and CEO, said the company’s second-quarter performance surpassed previous expectations and reflects solid demand for its equipment. “Our results exceeded the high-end of prior guidance, with revenue increasing approximately 39…

TuesdayMay 03, 2011 1:38 pm

Metropolitan Health Networks Inc. (MDF) Posts Q1 Earnings and 2011 Expansion Strategy

Metropolitan Health Networks Inc., a leading provider of health care services in Florida, today announced the financial results for their first quarter ended March 31, 2011, reflecting the company’s focus on outward growth for fiscal 2011. The company recognized revenue of $94.7 million for the first quarter of 2011, a 1.8 percent increase compared to $93 million in the first quarter of 2010. Net income for the first quarter was $8.0 million, or $0.20 per basic share and $0.19 diluted, as compared to $7.1 million, or $0.18 per basic share and $0.17 diluted, for the same quarter last year. As…

TuesdayMay 03, 2011 1:37 pm

Northwest Biotherapeutics, Inc. (NWBO) Launches Cross-country Enrollment for Promising Brain Cancer Treatment

Northwest Biotherapeutics, a biotech company focused on immunotherapy products to treat cancer without toxicities associated with chemotherapies, today announced it has begun enrollment of new patients in the company's ongoing 240-patient randomized, double blind, placebo controlled clinical trial of DCVax® immune therapy for Glioblastoma multiforme (GBM), the most fatal type of brain cancer. So far the company has enrolled 33 patients for the cancer trial and its information arm; patients are already receiving treatment regimen and follow-up. Four recruiting centers are carrying out the company’s enrollment initiatives: the University of Rochester in New York; the University Hospitals of Cleveland in…

TuesdayMay 03, 2011 1:34 pm

EcoloCap Solutions Inc. (ECOS) Announces Distribution Agreement with Nano-Tech Industries Pty Ltd.

EcoloCap Solutions Inc., an operator of an integrated and complementary network of environmentally focused companies that use nanotechnology for alternative energy, announced that it has entered into an exclusive distribution agreement with Nano-Tech Industries Pty Ltd, of Acacia Ridge, Australia. After copious amounts of testing for M-Fuel confirmed the reduction in emissions as well as its cost effectiveness, Nano-Tech Technologies Pty Ltd, agreed to utilize their network to deploy all EcoloCap products in Australia, New Zealand, and the Pacific Islands. The NPU processor produces approximately 18,000 gallons of emulsion fuel per day and is even capable of emulsifying Diesel, Kerosene,…

TuesdayMay 03, 2011 12:00 pm

Adeona Pharmaceuticals, Inc. (AEN) Receives Additional $1.5 Million for MS Drug Clinical Trial

The National Institutes of Health/National Institute of Neurological Disorders and Stroke (NIH/NINDS) has given $1,594,553 in grant funding to Adeona Pharmaceuticals, Inc. for the ongoing clinical trial of its TrimestaTM drug (oral estriol) for the treatment of multiple sclerosis. The company recently received a grant of $409,426 from the National Multiple Sclerosis Society (NMSS) also in support of the Trimesta clinical trial. This is in addition to earlier grants for the trial, including $5 million from the NMSS in partnership with the NMSS’s Southern California Chapter, with support from the National Institutes of Health, and $860,440 from the American Recovery…

TuesdayMay 03, 2011 10:08 am

Altair Nanotechnologies, Inc. (ALTI) Video Chart for Tuesday, May 3, 2011

ALTI appears to be trying to form a bottom. The indicators are trying to uptrend and the price per share has made a higher low. The resistance level at $1.58 will be a key point to break for continued upward movement. To view the video chart, visit the following link: http://www.qualitystocks.net/videocharts.php Let us hear your thoughts below:

TuesdayMay 03, 2011 9:12 am

TGC Industries Inc. (TGE) Posts 66% Earnings Increase for Q1

TGC Industries Inc., a leading seismic data acquisition services provider, yesterday announced financial results for the first quarter of 2011. Revenues in the first quarter of 2011 increased 66 percent to $50.2 million compared to $30.3 million in the first quarter of 2010. Net income grew more than tenfold to $5.8 million, or $0.30 per diluted share, up from $551,000, or $0.03 per diluted share, in the first quarter of 2010. Revenues for the first quarter of 2011 were $50.2 million compared to $30.3 million in the first quarter of 2010. The Company operated seven crews in the U.S. and…

TuesdayMay 03, 2011 9:11 am

Li3 Energy, Inc. (LIEG) Closes on Debt Financing

Li3 Energy, Inc. reported the successful completion of a capital market transaction with several private investors. The funds will be used to support company operations pending the completion of further financing by the company. Li3 Energy said that the financing consisted of a bridge loan in the amount of $1.5 million from three private investors. The bridge loan is structured as an original issue discount note with a zero percent coupon due February 2, 2012. The company is required to pay $1.67 million at the maturity date to pay off the loan. Li3 Energy reported that the loan is convertible…

TuesdayMay 03, 2011 8:27 am

Simulated Environment Concepts, Inc. (SMEV) Announces Major Change to Compensation Method

Simulated Environment Concepts, Inc. announced this morning that in most cases it will now utilize preferred shares to compensate all of its service providers, particularly its IR/PR professionals, in an effort to largely eliminate the use of common stock as a means of payment. This change will not only reduce the expense associated with issuing common stock, but also keep the Issued and Outstanding average rate of increase substantially lower and encourage service providers to take a long term position within the company. Dr. Ella Frenkel, President and CEO of Simulated Environment Concepts (SE Concepts), stated, "As with any public…

MondayMay 02, 2011 2:36 pm

American Petro-Hunter, Inc. (AAPH) Readies New Well for Commercial Production at North Oklahoma Yale Prospect, 120 BOPD Initial Production Rate

American Petro-Hunter has added substantial force to its overall growth vector as an oil and gas producer, and is today reporting completion of swab testing on the latest well in an ongoing series of wells at the Company’s North Oklahoma Yale Prospect, the NOS122, declaring the well ready for full commercial production. The NOS122 adds one more node to the rapidly evolving AAPH production network, which also includes the producing Poston Project in Trego County, Kansas. The Company looks to be within striking distance of its 12-month production growth target of 1k BOE. President and CEO of AAPH, Robert McIntosh,…

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