Blog - Page 3290 of 5569

ThursdayJul 21, 2011 12:51 pm

Airline Intelligence Systems Inc. (ASYI) Part of a Major Shift in Airline Efficiency

Richard Branson, founder of Virgin Atlantic Airways, is famous for saying that the best way to become a millionaire in the airline business is to start off as a billionaire. There was a time when airline service, like telephone service, was strictly regulated. Prices were high, and flying was a luxury, but airline financial security was all but guaranteed. No major U.S. carrier had ever gone broke. Today, airlines ride a roller coaster of wide open competition, unpredictable fuel prices, and layers of security that were unimaginable in the early years of the jet age. The road is littered with…

ThursdayJul 21, 2011 12:45 pm

Entegris Inc. (ENTG) Posts Solid Q2 Results Despite Softening Semiconductor Industry

Entegris Inc., a provider of a range of products for the semiconductor and high-tech industries, today reported its financial results for the second quarter ended July 2, 2011. Second-quarter sales of $209.2 million represent an increase of 25 percent over the prior year. Net income was $32.5 million, or $0.24 per diluted share. On an operating basis, Entegris reported an adjusted operating margin of nearly 21 percent of sales, marking a record high for the company, which it attributes in part to improved gross margin. The company generated record cash from operations of $52 million, and ended the second quarter…

ThursdayJul 21, 2011 12:40 pm

Omni Bio Pharmaceutical, Inc. (OMBP) Purchases 25% of BioMimetix for $2 Million

Omni Bio Pharmaceutical Inc. is an emerging biopharmaceutical company that has licensed therapies currently in development that have the potential to address large, unmet diseases and generate substantial commercialization potential. The company's core strategy centers around licensing issued and pending patents that cover new uses for an existing FDA-approved drug. The company today announced that it has acquired a 25 percent equity ownership of BioMimetix Inc. for $2 million in cash. In addition to this initial stake, Omni Bio was issued a common stock purchase warrant to acquire up to an additional 15 percent equity ownership interest in BioMimetix for…

ThursdayJul 21, 2011 11:13 am

Small Cap Voice Featured Company: XZERES Corp. (XPWR)

XZERES Corp. is focused on designing, developing, manufacturing and marketing distributed generation, wind power systems for the alternative energy market. The company’s grid connected and off grid wind turbine systems are utilized for micro-grid based rural electrification, agricultural purposes, small business, rural electric utility systems, as well as other private, corporate infrastructure and government applications. The company’s product portfolio currently includes 2.5 kW and 10 kW rated power systems, with additional larger systems in development. Comprised of a wind turbine, power electronics, towers, and auxiliary components, each system provides a complete solution featuring high efficiency design with reduced service and…

ThursdayJul 21, 2011 10:39 am

Zoo Entertainment, Inc. (ZOOG) Video Chart for Thursday, July 21, 2011

ZOOG is a low-volume play that looks to be trying to break out of a channel. Technical traders will be closely watching the resistance at $2.50 and a tight support level at $2.25. To view the video chart, visit the following link: http://www.qualitystocks.net/videocharts Let us hear your thoughts below:

ThursdayJul 21, 2011 10:35 am

Small Cap Voice Featured Company: Netco Investments, Inc. (NCVT)

Netco Investments offers the kind of full-service, strategic financial management and performance enhancement expected through world-class merchant banking services, but also has developed a reputation for providing comprehensive oversight to distressed private/public companies in unique turnaround situations. The selective grooming of small client companies, a process generally consisting of refinancing and/or capital influx aggregation via investment or lending, allows NCVT to supercharge identified client companies for dynamic growth. Ready access to a vast network of professionals in a variety of key disciplines, both in the US and globally, allows NCVT to deliver the expertise necessary for companies to achieve innovation…

ThursdayJul 21, 2011 10:28 am

Neoprobe Corp. (NEOP) Forms European Unit

Yesterday, Neoprobe Corp. announced that it has formed a European business unit. This unit solidifies Neoprobe's expanding focus in the areas of radiopharmaceuticals and lymphatic mapping that are occurring in Europe, which will play an important part in Neoprobe's Lymphoseek products and technology. Neoprobe is a biomedical company that focuses on improving the oncology patient care process via radiopharmaceutical products. Currently, Neoprobe is developing two different radiopharmaceutical platforms, Lymphoseek and RIGScan. Lymphoseek is a radioactive diagnostic tracing agent for use in surgical gamma detection devices. Part of Neoprobe's European strategy is to create business partnerships with partners capable of providing…

ThursdayJul 21, 2011 9:56 am

Starfield Resources, Inc. (SRU.TO) Announces Commencement of Drilling of West Zone Extension at Ferguson Lake

On Wednesday, Starfield Resources, Inc. announced that the Company started the previously announced drilling of the West Zone extension at Ferguson Lake, Nunavut. They expect to continue this work until early September 2011. In addition, they announced that, because of weather conditions, they have not been able to begin drilling at their Stillwater, Montana property. The Company's plan is to focus the initial drilling on the volatile enriched zone (VEZ) PGE target. Their second priority is the PGE target referred to as the Crescent Creek dunite pipe, located south of the Janet 50 area of the VEZ. The expectation is…

ThursdayJul 21, 2011 9:14 am

SilverSun Technologies, Inc. (SSNT) Eliminates Additional $1.3 Million of Debt

SilverSun Technologies announced today that it has eliminated an additional $1,338,960 of debt from its balance sheet. The debt, which has been forgiven, was due and owing the Company's Chief Executive Officer, Mark Meller. This debt reduction follows the redemption and elimination of the Company's convertible debentures and associated liabilities, which were retired this past April. The total amount of debt and liabilities removed from the Company's balance sheet since April 1, 2011 now exceeds $3,567,000. Mark Meller, CEO of SilverSun Technologies, stated, "As a significant shareholder in our Company, I agreed to forgive this debt because I believe that…

ThursdayJul 21, 2011 9:06 am

Simulated Environment Concepts, Inc. (SMEV) Announces Plan to Reduce Authorized Shares

Simulated Environment Concepts, the manufacturer and developer of medical, aesthetic, weight loss, wellness, and slimming equipment, this morning announced that it will be seeking to reduce its authorized shares by the end of this month. Dr. Ella Frenkel, President, CEO and Co-Founder of Simulated Environment Concepts (SE Concepts) commented, "I am a vested shareholder just as many of our investors. Where there is market dilution, I hear about it from our shareholders. When there is a decrease in share value, it affects me personally as well, and where necessary action must be taken to override current perception, I will take…

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