Blog - Page 3252 of 5681

ThursdayFeb 16, 2012 4:42 pm

China Health Resource, Inc. (CHRI) Posts Q4, FY Estimated Earnings

China Health Resource, a developer and provider of raw and pharmaceutical TCM products, today announced unaudited financial results for the fourth quarter and year ended December 31, 2011. The company expects 2011 fourth-quarter operating revenues of more than $12.5 million, a 218 percent increase compared to the fourth quarter of 2010. For full year 2011, the company expects operating revenues of $34.9 million, a 241 percent increase over 2010 revenues. China Health expects 2011 fourth-quarter net income to be $2.7 million, or $0.015 per fully diluted common share, compared with $1.6 million or $0.01 per share, reported for the fourth…

ThursdayFeb 16, 2012 3:48 pm

Ambient Corp. (AMBT) Reports Record Revenues in 2011

Ambient Corp. is a leading provider of smart grid communications platforms and applications to utilities. The company designs, develops, and sells Ambient Smart Grid products and services which include communications nodes, a network management system, AmbientNMS integrated applications, and maintenance and consulting services. The company today reported financial results for the year ended December 31, 2011. Total revenue for 2011 was $62.3 million, a 206% increase from $20.4 million in 2010. Net income came in at $4.8 million, or 28 cents per diluted share, compared to a net loss of 21 cents a share last year. Ambient's gross margin increased…

ThursdayFeb 16, 2012 12:42 pm

Bio-Path Holdings, Inc. (BPTH) Holds Key to Cancer Drug Delivery

Bio-Path is a biotechnology company that holds a technology with the potential to revolutionize the treatment of cancer and other diseases. That’s because its neutral lipid delivery capability enables the systemic delivery of nucleic acid drugs to diseased cells, and that’s something no other technology can do. The company was founded based upon technology licensed from The University of Texas M.D. Anderson Cancer Center, technology that Bio-Path intends to turn into real treatments for cancer patients through the application of the necessary capital and expertise. Bio-Path’s lead product candidate, Liposomal Grb-2, is in a Phase I study for blood cancers.…

ThursdayFeb 16, 2012 11:29 am

Spalding Surgical Center Goes Paperless with MMRGlobal, Inc.’s (MMRF) Document Managing and Imaging System

MMRGlobal, Inc. announced that leading Southern California outpatient general surgery center Spalding Surgical Center of Beverly Hills is going paperless with MMRPro, MMR’s document management and imaging system. MMRPro is a health IT system designed for hospitals, doctors’ offices, and other healthcare facilities to help lessen rising healthcare costs, improve efficiency, and allow doctors and patients to electronically track results and wellness progress. Increased use of digitization is rendering pen-and-paper recordkeeping more and more obsolete, and MMRPro is designed to let physicians convert to computerized records without greatly altering the look and feel of a practice’s operations. So far, MMRPro…

WednesdayFeb 15, 2012 6:46 pm

Dynasty Limousine Inc. (DNYS) Announces Date of Record for Its 3:1 Forward Split

Dynasty Limousine Inc., a full service Luxury Transportation and Limousine firm covering the southeast United States, has set the date of record for the upcoming 3 for 1 split of its common stock. A conference call with the company's securities attorneys occurred on February 14th and the date of record has been set for February 29, 2012. On February 9th, the Board of Directors of Dynasty Limousine unanimously agreed to execute a 3:1 forward split of its common stock in order to provide a more stable trading range for its securities. Interested investors must own stock in DNYS by the…

WednesdayFeb 15, 2012 3:42 pm

AUXILIO, Inc. (AUXO) Brings Total Managed Print Services to U.S. Hospitals, Streamlining Operational Costs

AUXILIO is a brilliant company with a strong lead as a true pioneer in Managed Print Services (MPS), specifically for the healthcare industry. With a solid focus on the true bottom line, client retention, AUXO boasts an impressive 100% retention rate among hospital partnerships, thanks in large part to the company’s rigorousness in the ferreting out of hidden costs and MPS process inefficiencies. With print volume reduction programs and key Centers of Excellence, staffed with professional print strategy consultants to devise unparalleled solutions for the requirements of each individual client, the company’s laser-focus on nurturing client caregiver efficiency is only…

WednesdayFeb 15, 2012 3:40 pm

Mexco Energy Corp. (MXC) Reports Financial Results and Operational Update

Mexco Energy reported its financial results for the third quarter of fiscal 2012 as well as an operational update on the company’s oil and gas activity in the United States. The company is active mostly in Texas, but also has interests in properties in 11 other states. Mexco Energy reported sales of $757,560 in the quarter ending December 31, 2011, up marginally from the $756,576 reported in the corresponding quarter of fiscal 2011. The company reported net income of $50,961 in the most recent quarter, compared to net income of $26,898 in the third quarter of fiscal 2011. Mexco Energy…

WednesdayFeb 15, 2012 3:13 pm

Yucheng Technologies Ltd. (YTEC) Posts Q4, FY 2011 Financial Results

Yucheng Technologies, a leading provider of IT solutions to the financial services industry in China, today announced its unaudited financial results for the fourth quarter and full year ended December 31, 2011, reflecting better-than-expected revenue growth for 2011. The company reported fourth quarter 2011 total revenues of $29.6 million, an increase of 35.1 percent year-over-year and an increase of 55.1 percent sequentially. Total revenues for full year 2011 were $77.1 million, an increase of 26.5 percent year-over-year. Gross margin for the fourth quarter of 2011 was 42.8 percent, compared to 50.7 percent in the prior year period and 49.7 percent…

WednesdayFeb 15, 2012 3:10 pm

Applied DNA Sciences, Inc. (APDN) Reports Fiscal Q1 Results

Applied DNA Sciences, marketer of DNA security solutions to protect products, brands, and intellectual property from counterfeit and diversion, today announced its financial results for the fiscal first quarter ended December 31, 2011. The company reported revenues of $516,904 for the quarter ended December 31, 2011, compared to revenues of $317,817 reported for the comparable quarter ended December 31, 2010. The company attributes the 63 percent increase in revenues to sales of its SigNature DNA and BioMaterial GenoTyping products. It also notes a 40 percent increase in its customer base for 2011. First-quarter revenues for the fiscal year represent an…

WednesdayFeb 15, 2012 2:17 pm

Quantum Fuel Technologies Worldwide, Inc. (QTWW) Releases New High-Capacity Natural Gas Storage Tank for Commercial Fleets

Quantum Fuel Technologies Worldwide announced the release of its new composite compressed natural gas (CNG) tank. Use of commercial natural gas fleets, including refuse truck applications, is an expanding trend that is expected to accelerate. Quantum’s new 400 Series CNG storage tank was designed utilizing customer feedback, making installation and service easier and distinguishing Quantum’s composite tanks from those marketed by competing companies. The 400 Series has a Diesel Gallon Equivalency (DGE) of 26 gallons, and Quantum’s composite tanks are the lightest in the industry – increasing available payload by requiring less structure for mounting support. An incentive has been…

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