Blog - Page 3291 of 5440

ThursdayMar 10, 2011 10:28 am

Stock Guru Featured Company: Absolute Life Solutions, Inc. (ALSO)

Absolute Life Solutions is a financial services company which leverages the vast experience of its personnel in mapping mortality patterns, a robust modeling platform and the resulting high fidelity data-driven portfolio management capabilities to provide seniors with a stable form of liquidity during their latter years, while simultaneously achieving maximum ROI efficiency for shareholders. By employing such rigorous analytical methodologies to a continuous investigation of the life insurance policy architecture, ALSO is able to minimize risk while identifying and quantifying cash flow opportunities. Life settlements are an excellent performer even in rough markets due to functioning as an absolute return-oriented…

ThursdayMar 10, 2011 10:10 am

Beacon Equity Research Featured Company: American Paramount Gold (APGA)

American Paramount Gold is a mining and exploration company that focuses on excavating precious metals from existing mines in the state of Nevada. Regarded as a mining friendly state with one of the world’s most robust mining infrastructures, Nevada has the largest and most valuable group of precious metals projects in the United States. The Capgold project, the company’s first project acquisition, is located in Nevada’s Walker Lane Structural Belt in the Toiyabe-Kawich region. It contains high-grade epithermal gold and silver in drill holes, whose systems are large, undeveloped and open to expansion. The gold grades in the area are…

ThursdayMar 10, 2011 10:09 am

Beacon Equity Research Featured Company: Energtek, Inc. (EGTK)

Energtek, Inc. is focused on developing and commercializing Adsorbed Natural Gas (ANG) technology. This technology enables the storage of comparable gas quantities at reduced pressure, dramatically decreasing the capital investment and operational costs of natural gas vehicles. The company recognizes the global markets' demands to diversify energy sources and is working on breakthrough technologies that deliver natural gas to the consumer, even where no gas pipeline and compressing infrastructure exist. Because natural gas is cheaper, cleaner and available in greater quantities than oil, Energtek believes it is the most practical motor fuel alternative. Natural gas is primarily comprised of methane,…

ThursdayMar 10, 2011 9:04 am

Peregrine Pharmaceuticals, Inc. (PPHM) Appoints New Head of Medical Oncology, Advances Randomized Phase II Trials

Peregrine Pharmaceuticals, Inc., a clinical stage biopharmaceutical company, announced the appointment of Kerstin B. Menander, M.D., Ph.D. as the head of medical oncology. During Dr. Menander’s 30-career, she has led various oncology programs in senior positions at Abbott Laboratories and a variety of other clinical-stage biopharmaceutical companies. She has shown support for 15 approvals in the U.S and Europe, which include Lupron(R), the leading therapy treatment for prostate cancer. At Peregrine, Dr. Menander will be supporting multiple advancing randomized Phase II trial for the company’s main product bavituximab, which is under evaluation in combination with chemotherapy for non-small cell lung…

ThursdayMar 10, 2011 8:54 am

NIVS IntelliMedia Technology Group (NIV) Earns “AAA” Credit Rating from China Export & Credit Insurance Corp.

Consumer electronics company, NIVS IntelliMedia Technology Group, Inc. announced yesterday that the company earned a “AAA” credit rating from China Export & Credit Insurance Corp. The credit risk rating assessment by Sinosure takes place annually and the “AAA” status is the highest award a company can receive; NIVS has maintained this status for five consecutive years. "We are pleased to announce the continuation of Sinosure's 'AAA' rating for NIVS since 2006," commented Mr. Tianfu Li, Chairman and CEO of NIVS. "This entitlement is a strong recognition of NIVS' risk management and internal control. As we proceed with our planned expansion…

ThursdayMar 10, 2011 8:52 am

Cavico Corp. (CAVO) Benefits from Vietnamese Developments

Yesterday, Cavico Corp. announced its plans to utilize several infrastructure developments in Vietnam for their benefit. Cavico itself manages large infrastructure projects, such as the construction of hydropower plants, bridges, dams, tunnels, roads, and similar. Developments that are seen as having the possibility to benefit Cavico include the construction of a four-lane tunnel that would link the commercial center of Hanoi to Long Bien District, an increase of infrastructure development loans (reaching $2 billion) to Vietnam by the Asian Development Bank, and an announcement by Nokia to construct a $276 million manufacturing facility in Hanoi. Business Monitor International predicts that…

ThursdayMar 10, 2011 8:15 am

Descartes Systems Group (DSGX) Posts Strong Performance for Fiscal Q4FY 2011 and FY 2011

Descartes Systems Group, a premier provider of global trade compliance, supply chain execution and mobile resource management services, reported solid fourth-quarter and full-year results for fiscal 2011. "This quarter's and year's financial results were ahead of our internal plans. Our operating performance per diluted share grew more than planned, with a higher ending cash position than originally anticipated. Our strong performance and balance sheet position us well for continued operational excellence and consolidation opportunities," Stephanie Ratza, CFO of Descartes stated in the press release. Revenues were reported at $26.9 million, up 42 percent from $18.9 million reported in the fourth…

ThursdayMar 10, 2011 8:13 am

Q4 Earnings Review; IncrediMail (MAIL) Posts Record Quarterly Revenues

IncrediMail Ltd., a digital media company that builds downloadable consumer products, yesterday reported record fourth-quarter results, as well as record 2010 revenue. Revenues in 2010 were a record $29.5 million, increasing 8.5 percent, over revenues reported in 2009; adjusted EBITDA in 2010 was $13.4 million, compared to $12.9 million in 2009, reflecting 46 percent of revenues; net income for 2010 was $8.4 million, or $0.85 per diluted share; and cash flow from operations in 2010 was $9.8 million. Josef Mandelbaum, IncrediMail's CEO, said the company’s deal with Google in the second half of 2010, as well as several other achievements,…

ThursdayMar 10, 2011 8:12 am

Comverge Inc. (COMV) Posts Q4 Results, Recognizes Significant Achievements

Comverge Inc., the leading provider of Intelligent Energy Management (IEM) solutions, yesterday announced fourth quarter and full year 2010 financial and operating results, highlighting record annual revenues, increased megawatts and new contracts. Fourth-quarter revenues for 2010 decreased 9 percent to $37.2 million compared to $40.8 million in the fourth quarter of 2009. Full-year revenues were $119.4 million in 2010 compared to $98.8 million in 2009, reflecting a 21 percent increase. Gross margin for the fourth quarter of 2010 was 50 percent compared to 33 percent in the fourth quarter of 2009, reflecting improved margins in the company’s VPC contracts. Gross…

ThursdayMar 10, 2011 7:53 am

Energtek Inc. (EGTK.PK) Reports 5 Billion Cubic Feet of Prospective Gas Resources

Energtek Inc. announced that it has completed an evaluation of gas reservoirs in the licensed block in Southern Israel. The evaluation was performed following the successful production test, as reported in December 2010, of the NirAm Gas1 well. Based on the seismic and geophysics data as well as a detailed analysis of the production test's results, the geological team estimated that the recoverable gas resources (contingent resources) of the reservoir at which the NirAm Gas1 was drilled amount to 1.7 BCF (Billion Cubic Feet). Furthermore, the geological team identified three similar natural gas reservoirs in the Nir-Am block. According to…

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