Blog - Page 3382 of 5565

ThursdayApr 14, 2011 9:04 am

Vibra Bank (VBBK) Reports Strong Quarterly Earnings

Vibra Bank announced its unaudited financial results for the quarter ended March 31, 2011, with solid results driven by the company’s focus on its bi-cultural strengths. The bank focuses on serving the Hispanic business and professional market in San Diego County. "We are pleased to report an expansion of the profitability which we first achieved in the fourth quarter of 2010," Vibra Bank Chairman Enrique Schon stated in the press release. "Our continued success demonstrates the power of our bicultural focus, combined with local decision-making and a commitment to excellent service." For the quarter ended March 31, 2011, the bank…

ThursdayApr 14, 2011 9:02 am

Zogenix, Inc. (ZGNX) Posts Positive Phase 4 Results for Migraine Treatment

Zogenix Inc., a pharmaceutical company commercializing and developing products for the treatment of central nervous system disorders and pain, yesterday reported clinical data from its phase 4 open-label, multicenter study of SUMAVEL® DosePro ® Needle-free Delivery System for the treatment of migraines. The company demonstrated the clinical data in two poster presentations at the 63rd Annual Meeting of the American Academy of Neurology (AAN) in Honolulu, Hawaii. "The clinical findings of this phase 4 study indicate that patients showed a greater Overall Satisfaction with subcutaneous sumatriptan delivered by SUMAVEL DosePro than their current triptan therapy, which was predominantly oral dosage…

WednesdayApr 13, 2011 3:56 pm

Flint Telecom Group, Inc. (FLTT) Looking to Capitalize on World Connectivity

Getting connected has taken on a whole new meaning in today’s digital world. Mobile phone usage continues to reach new heights, not only in the United States, but across the globe. In China alone, there are over 800 million cell phone subscribers today. It has become so second-nature to U.S. teens to use mobile devices that an amazing 42% of teens say they can text blindfolded, according to a national survey from CTIA, the international association for the Wireless Telecommunications Industry, and Harris Interactive. Additional data from CTIA shows that as of December 2010, U.S. wireless revenues are $160 billion…

WednesdayApr 13, 2011 1:53 pm

Spartan Gold Ltd. (SPAG) Increases Acreage Position at Poker Flats in Nevada’s Carlin Trend to 3,600 Acres, Begins Extensive Surveying

Spartan Gold, the mineral developer with a current focus on gold at several sites in Nevada, reported today successful completion of a major project expansion plan at the Company’s Poker Flats prospect in Elko County. Working together with project partner Mexivada Mining Corporation, SPAG has secured additional acreage to be added to the 25 claims defined and previously reported in the option and mining claim acquisition (Dec. 22, 2010). The Company’s team has placed location monuments on 67 new claims, bringing the total acreage to 1,840 and the total number of claims to 92. As soon as corner posts are…

WednesdayApr 13, 2011 1:51 pm

UnionTown Energy Inc. (UTOG) Signs Non-Binding Letter of Intent to Acquire an Oil and Gas Property in Northwest Montana

UnionTown Energy Inc., a company that focuses on acquiring, developing, and producing oil and natural gas properties in North America, has announced that it has signed a non-binding Letter of Intent (LOI) to acquire the 11,000+acre Teton River oil and gas property located in northwest Montana. A non-refundable deposit worth $100,000 has been given in advanced upon signing the LOI, which will be applied to the final purchase price. The specific terms of the agreement are being finalized and will be announced upon closing of the transaction, which is expected to take place in the next 30 days. The Swift…

WednesdayApr 13, 2011 1:48 pm

CDC Corp. (CHINA) Updates on Private Equity Fund Investment

CDC Corp., a leading China-based value-added operator of, and growth investor in, hybrid enterprise software, IT services, and new media assets, today issued an update on its subsidiary's investment in a Beijing-based private equity fund. CDC said the investment has been producing significant returns; China.com, the subsidiary, has committed approximately (USD) $14.0 million in the PE Fund, and has received approximately (USD) $3.0 million in distributions since 2009. “We are very pleased with the impressive return on our investment,” Sammy Cheng, CFO and executive director of China.com stated in the press release. “China.com plans to collaborate with certain of the…

WednesdayApr 13, 2011 11:46 am

STWA Inc. (ZERO) to Begin Phase II Testing on Its Improved Fuel-Economy Technology

STWA Inc. is an innovative company creating technology focused on energy efficiency of large-scale energy production and improved fuel economy for diesel fleets. The company's patented and patent-pending technologies provide efficient and cost-effective means of improving the efficacy of crude oil transport and diesel energy. The company today announced that it is about to start Phase II testing of its 'Applied Oil Technology' (AOT) prototype unit at the US Department of Energy's Rocky Mountain Oilfield Testing Center in Casper, Wyoming. Phase II testing of STWA's prototype unit, developed with the Colfax Corporation, will take place in a real world oil…

WednesdayApr 13, 2011 11:43 am

Mainland Resources, Inc. (MNLU) Finds Multiple Potential Pay Zones in Buena Vista Well

Mainland Resources, an oil and gas exploration company focused on Louisiana and Mississippi, has announced that their Burkley-Phillips #1 well in the Buena Vista prospect area of southwest Mississippi has revealed multiple potential pay zones, meaning a strong potential to be an economically viable project as the company designs a production plan. The primary zone is a Deep Bossier Shale, in a Bossier Formation interval of at least 2,000 feet, encountered at 19,960 feet. The well was drilled to 22,000 feet. Analysis shows that the shale rock properties are similar to high productivity Bossier wells in northwest Louisiana and east…

WednesdayApr 13, 2011 10:38 am

LML Payment Systems Inc. (LMLP) Video Chart for Wednesday, April 13, 2011

LMLP is hitting the watchlist today for a possible reversal. While the indicators aren't quite there yet, they appear to be giving early signs of a reversal as the stock holds the 200 day simple moving average. To view the video chart, visit the following link: http://www.qualitystocks.net/videocharts.php Let us hear your thoughts below:

WednesdayApr 13, 2011 9:45 am

Independent Report Concludes CAMAC Energy, Inc.’s (CAK) OML 120 & 121 Blocks Host Substantial Quantities of Oil

CAMAC Energy Inc., a U.S.-based energy company focused on exploring for, developing and producing oil and gas, was excited to announce today the results of an independent engineering report prepared by Netherland, Sewell & Associates, Inc. (NSAI) for the purpose of estimating the total resource in place at the OML 120 & 121 Blocks situated offshore Nigeria. The report concluded that the best estimate for gross undiscovered original oil-in-place for OML 120 & 121 is 1.9 billion barrels with a high of 6.3 billion barrels; and the best estimate for associated recoverable gross contingent and unrisked prospective oil resources is…

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