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FridayJan 27, 2012 5:24 pm

Onyx Service and Solutions, Inc. (ONYX) Signs MOU to Acquire 25 percent of China-Based Optimum Solar

Onyx Service and Solutions, Inc., a for-profit corporation specializing in alternative energy solutions, announced today its execution of a Memorandum of Understanding agreement (MOU) to acquire 25 percent of Optimum Solar, a Hong Kong corporation specializing in the development of solar products and solutions. The terms of the acquisition will be settled following a due diligence review conducted by Onyx regarding Optimum’s future valuations and current operations. Onyx anticipates closing the acquisition within a period of several weeks, as the MOU terms allow for a short due diligence period. Onyx projects that the acquisition of this stake in Optimum will…

FridayJan 27, 2012 5:14 pm

Ranger Gold Corp. (RNGC) Closes $300k Private Placement; Readies to Start Drilling at Truman Site in Mineral County, Nevada

Today, Ranger Gold, the Nevada-focused gold developer employing a strategy that emphasizes low-cost assets in proven regions, reported closing a non-brokered $300k private placement structured as 2M shares of common stock (issued price of $0.15/share). President of RNGC, Gary Basrai, explained that this financing would be employed initiating the Company’s drilling program at the 1,080-acre (91 unpatented lode claims) Truman Project in Nevada’s prolific Mineral County. Basrai pointed to the Board-approved budget for drilling operations and indicated that sufficient budgeting for the drilling of eight holes at key points within the fifteen permitted sites at Truman was in place. The…

FridayJan 27, 2012 4:54 pm

Emulex (ELX) Posts Q2 Fiscal 2012 Financial and Business Results

Emulex Corp., a leading provider of converged networking solutions for the IT industry, today announced its financial results and operational achievements for its second quarter of fiscal 2012 ended January 1, 2012. The company reported a 13 percent increase in second-quarter net revenues to $128.7 million compared to total net revenues of $114.0 million reported for second quarter fiscal 2011. Second-quarter net income on a GAAP basis was $15.0 million, or $0.17 per diluted share, compared to a GAAP net loss of $41.0 million, or $(0.47) per share, in the second quarter of last year. Non-GAAP net income for the…

FridayJan 27, 2012 3:56 pm

Local Corp. (LOCM) Releases Optimized, Mobile-Enabled Search Site

Today, Local Corp., a leading online local media company, announced that they have released an updated and optimized mobile-enabled version of its flagship local search site, Local.com. The mobile site allows users to quickly and easily search for local products and services from their mobile device. Users can use the site’s geo-tracking technology to search for businesses near them based on their current physical location. The new optimized site features a simplified user interface and “app-like” navigation, as well as an easy click-to-call function. Users can use the site to see relevant local business information, including ratings, reviews, photos, logos…

FridayJan 27, 2012 11:39 am

TeleCommunication Systems, Inc. (TSYS) Video Chart for Friday, January 27, 2012

TSYS is up mildly this the week after the stock held support at $2.25 again. Technical traders will be watching that support level and for a continued shift in momentum and trend indicators towards bullishness. To view the video chart, visit the following link: http://www.qualitystocks.net/videocharts Let us hear your thoughts below:

FridayJan 27, 2012 10:22 am

Canadian Solar, Inc. (CSIQ) Announces Agreement with Al Fahad Group for Significant Solar PV Project in Abu Dhabi

Canadian Solar, Inc. recently announced that it has forged an agreement with the Al Fahad Group. Canadian Solar, one of the largest solar companies in the world, will begin supplying more than 1.5 MW of its solar modules to the Al Fahad Group under the new agreement. The Al Fahad Group is a diversified conglomerate with proficiency in homeland security, defense & intelligence, networking & communications, and power. Al Fahad delivers tailored, end-to-end solutions to clients across a broad spectrum of industries and government agencies. Canadian Solar’s CS5A-M solar modules will be used in one of the largest solar PV…

FridayJan 27, 2012 10:17 am

ThermoEnergy Corp. (TMEN) Anticipates Strong Demand for Clean Combustion Technology as Result of Tough New EPA Rules for Coal- Fired Power Plant Emissions

ThermoEnergy Corp., a technology company engaged in the development and sale of wastewater recovery and power generation technologies in global markets, announced new opportunities for its patented clean combustion technology due to new tough rules finalized by the U.S. Environmental Protection Agency for coal-fired power plant emissions. Once it is commercialized, ThermoEnergy's technology will allow power plants to burn coal with near-zero emissions. ThermoEnergy has worked for two decades to develop sustainable water treatment and clean energy technologies designed to help its clients operate more efficiently, save money and reduce their carbon footprint. Its clean combustion technology, ZEBS, allows power…

FridayJan 27, 2012 10:08 am

Fortuna Silver Mines, Inc. (FSM) Releases 2011 Operational Summary

Fortuna Silver Mines, Inc. reported an operational summary on the company’s mining activities in 2011. The summary covers the company’s activities at the San Jose Mine in Mexico and the Caylloma Mine in Peru. Fortuna Silver Mines reported production of 2.5 million ounces of silver and 7,000 ounces of gold in 2011. This production represented growth of 31% and 174%, respectively, over 2010 production levels. The company also produced 19.7 million pounds of lead and 23.4 million pounds of zinc. In 2012, Fortuna Silver Mines expects production to reach 3.7 million ounces of silver and 17,400 ounces of gold. This…

FridayJan 27, 2012 10:02 am

The Staggering Reality of Today’s U.S. Debt

To the everyday person, a trillion is just a number, but what does it look like? One Hundred Dollars $100 – Most counterfeited money denomination in the world. Keeps the world moving. Ten Thousand Dollars $10,000 – Enough for a great vacation or to buy a used car. Approximately one year of work for the average human on earth. One Million Dollars $1,000,000 – Not as big of a pile as you thought, huh? Still this is 92 years of work for the average human on earth. One Hundred Million Dollars $100,000,000 – Plenty to go around for everyone. Fits…

ThursdayJan 26, 2012 3:57 pm

MModal Inc. (MODL) and Merge Healthcare (MRGE) Reach Partnership Agreement

In a short period of time, MModal has evolved into a leading provider of clinical narrative capture services, speech understanding technology and clinical documentation workflow. Today, MModal announced they have reached an agreement with Merge Healthcare. Merge Healthcare has a client base consisting of more than 1,500 hospitals and 6,000 clinics across the country. Through this partnership, MModal becomes a preferred partner of Merge with plans to integrate its speech and natural language understanding (NLU) into Merge’s solutions to help clients achieve meaningful use and contextual narrative capture. As a team, MModal and Merge will look to accelerate adoption of…

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