Blog - Page 3373 of 5676

ThursdayAug 18, 2011 2:28 pm

OraSure Technologies, Inc. (OSUR) Announces Completion of Acquisition of DNA Genotek Inc.

OraSure Technologies, Inc., a company that develops, manufactures, markets, and sells oral fluid diagnostic products and specimen collection devices in the United States and internationally, announced that it has completed its previously-announced acquisition of DNA Genotek Inc., a premium provider of oral fluid sample collection, preparation and stabilization products used for molecular diagnostic applications, for 50 million Canadian dollars in cash (approximately US $50.7 million with current exchange rates). The funding for the acquisition was made by OraSure with cash on hand. The acquisition of DNA Genotek makes OraSure’s leadership in oral fluid diagnostics stronger by providing OraSure with a…

ThursdayAug 18, 2011 1:52 pm

Legend Oil and Gas Ltd. (LOGL) Reports on Oil and Gas Operations in Canada and Kansas

Legend Oil and Gas Ltd. issued a financial and operational update regarding the company’s oil and gas exploration and development activities in North America. Legend Oil and Gas recently closed on $10.6 million of financing to fund an acquisition of oil and gas properties in Canada. The financing consists of a private placement of $4.6 million of equity and a $6 million credit facility with the National Bank of Canada. Legend Oil and Gas has signed a non-binding letter of intent to acquire properties in Canada held by International Sovereign Energy Corp. at a cost of $17 million. The acreage…

ThursdayAug 18, 2011 12:03 pm

Tivus, Inc. (TIVU) Offers a Positive Guest Experience

Without a good idea of what customers want, and what they don’t want, no business is sound. Even with new and untried product concepts, an accurate sense of what people will embrace is the line between success and failure. Surprisingly, a large segment of the hospitality industry continues to frustrate its best customers by largely ignoring their growing technical proficiency and expectations. For example, people who routinely use their big screen home television units as computer monitors or for games are often out of luck when they travel, since there is frequently no plug panel for connectivity to hotel sets.…

ThursdayAug 18, 2011 11:47 am

Canadian Solar Inc. (CSIQ) Posts Strong Q2 Results, Forecasts Continued Growth for 2012

Canadian Solar Inc., one of the world's largest solar companies, today announced its financial results for the second quarter ended June 30, 2011, reflecting a solid quarter with increases across the board. Net revenue for the second quarter of 2011 was $481.8 million, up 8.7 percent from $328.7 million in the second quarter of 2010. Gross profit for the second quarter of 2011 was $63.7 million, up 42.8 percent from $44.6 million in the second quarter of 2010. Gross margin was 13.2 percent in the second quarter of 2011 compared to 13.6 percent in the second quarter of 2010. The…

ThursdayAug 18, 2011 11:35 am

XZERES Corp. (XPWR) Expands International Sales Team to Grow Global Sales

XZERES Corp. is a renewable energy and clean energy technology company that designs, develops, manufactures and markets distributed generation wind power system for the small wind (2.5-100 kilowatts) market, as well as power management and power efficiency solutions for the commercial light industrial and residential markets. The company announced today that it has expanded its international sales team in order to accelerate sales globally, particularly in Europe. With the addition of this team, XZERES now has the capability to begin selling globally direct to end-user customers using the same successful sales model it uses in the United States. XZERES first…

ThursdayAug 18, 2011 10:04 am

Sen Yu International Holdings, Inc. (CSWG) Continues to Receive Support from Government for Pork Breeders

Located in Jiamusi City, China, Sen Yu International has quickly earned respect as the largest commercial hog breeder and supplier in the Heilongjiang Province in the People’s Republic of China (PRC). Today, Sen Yu took a major step towards prominence with the announcement they expect a continuation of support for animal husbandry and rural infrastructure polices for agricultural products to benefit hog breeders on the back of rising hog prices. Mr. Zhenyu (Jack) Shang whom is the Founder, Chairman and CEO of Sen Yu stated, "Against a backdrop of record high prices for pork, we see government support continuing in…

ThursdayAug 18, 2011 9:59 am

Internet America, Inc. (GEEK) Announces Preliminary Unaudited Operating Results for Fiscal Year End

On Wednesday, Internet America, Inc. announced preliminary unaudited operating results for the fiscal year ended June 30, 2011. Total revenues for the fiscal year ended June 30, 2011 decreased by 5.94 percent to approximately $6,979,000. This is in comparison to total revenues of approximately $7,420,000 for the fiscal year ended June 30, 2010. Adjusted EBITDA (earnings before interest, taxes, depreciation, amortization, impairment loss, stock-based compensation expense and loss or gain on the transfer of assets) for the fiscal year ended June 30, 2011 increased 671 percent to approximately $1,218,000. This is in comparison to adjusted EBITDA of approximately $158,000 for…

ThursdayAug 18, 2011 9:56 am

Document Capture Technologies, Inc. (DCMT) Announces Microtek as Exclusive Asian Distributor

Yeaterday, Document Capture Technologies, Inc. announced that they have named Microtek International as the exclusive Asian distributor of DCT products. Microtek, a market leader in Asia, has over 1,500 retail locations and 90 service centers in China. DCT is a developer and manufacturer of USB document capture platforms, with 30 products across multiple categories. Microtek, with a presence throughout China, holds more than 40% of the market share for scanning technology in that country. The company develops and manufactures image capture technology for retail, medical, biotech and industrial sectors. This partnership is a bilateral one, as a June 9 announcement…

ThursdayAug 18, 2011 9:14 am

Golden Valley Development Inc. (GVDI) ‏is “One to Watch”

Incorporated in 2004, Golden Valley Development, Inc. operates as a commodities broker in the United States. They engage in buying commodities, such as fresh fruits, vegetables, and hay, in California's central valley from local farmers. They then sell the products to different buyers, such as supermarkets, wholesalers, and other farmers located in the State of California. Golden Valley Development, Inc. has their corporate headquarters in Bakersfield, California. The Company also operates as an agent for the farmer in negotiating contracts between the seller and the buyer. Golden Valley Development, Inc.'s suppliers include small and mid-size farmers, such as Gerowan Farms,…

WednesdayAug 17, 2011 4:54 pm

International Stem Cell Corp. (ISCO) Unveils Second Quarter FY2011 Results; Increased Revenue, First US Donor, New Clinical Testing and Staff

International Stem Cell Corporation, a biotechnology company that developed a powerful new stem cell technology called “parthenogenesis” which promises to significantly advance the field of regenerative medicine, today reported in their second quarter financial statement year-to-date revenues of $2.6 million compared to $0.7 million for the same time period in 2010. The increase in revenue was generated by ISCO’s wholly-owned subsidiaries Lifeline Skin Care (LSC), maker of cell-based skin care products, which contributed $1.7 million and Lifeline Cell Technology (LCT), producer of specialized cells and growth media for therapeutic research, which contributed $0.9 million of revenues. ISCO’s expenses increased by…

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