Blog - Page 3400 of 5561

TuesdayMar 22, 2011 2:30 pm

SinoHub, Inc. (SIHI) Reports Closing of Equity Offering

SinoHub, Inc. reported the successful completion of a recent capital market transaction involving an equity offering of common stock. The company received approximately $11 million in gross proceeds in the offering. SinoHub conducted a direct offering of approximately 4.79 million shares of common stock at a price of $2.30 per share. The company negotiated the price directly with a group of institutional investors that indicated an interest in owning part of the company. The institutional investors involved in the offering also received a warrant that entitles the holder to purchase the common stock of SinoHub at a later date. Each…

TuesdayMar 22, 2011 1:56 pm

Service Corporation International (SCI) is “One to Watch”

Service Corporation International is North America’s largest single provider of funeral, cremation and cemetery services. Through more than 20,000 dedicated individuals, the company provides caring assistance to families in need, honor veterans and public servants, helping them celebrate the significance of lives that have been lived, and preserving memories that transcend generations. The company operates a network of more than 1,800 funeral homes and cemeteries in 43 states, eight Canadian provinces, the District of Columbia and Puerto Rico. Leveraging its industry leading position to offer more value to more families than any other company, Service Corporation takes the lead in…

TuesdayMar 22, 2011 1:26 pm

Ecosphere Technologies (ESPH) and Subsidiary Ink Deal with Hydrozonix LLC, Anticipates $44M in Revenues

Ecosphere Technologies Inc., a diversified water engineering and environmental services company, today announced that it and its majority owned subsidiary Ecosphere Energy Services, LLC have signed an exclusive technology licensing agreement with Hydrozonix, LLC, an oil and gas services company with environmentally responsible technologies to help manage their industrial clients' water recycling programs. Per the agreement, Ecosphere will deploy its patented Ecosphere Ozonix technology in the U.S. oil and gas exploration and production industry. For Hydrozonix to maintain its exclusive position in the onshore oil and gas shale plays across the U.S., the agreement calls for Hydrozonix to buy a…

TuesdayMar 22, 2011 1:24 pm

Shiner International (BEST) Achieves Solid Top, Bottom-line Growth for Q4, FY2010

Shiner International Inc., an emerging global supplier of packaging solutions for food, tobacco and consumer products, today announced its financial results for the fourth quarter and fiscal year ended December 31, 2010. Fiscal 2010 revenues increased 68 percent to $58.2 million as compared to $34.5 million reported for 20009. Net income for the year increased to $4.2 million, or $0.17 per diluted share, as compared to a net loss of $(99,801), or $0.00 per diluted share, for 2009. Gross profit for 2010 was $9.8 million, an increase of 113.54 percent from $4.6 million in 2009. 2010 gross margin was 16.9…

TuesdayMar 22, 2011 10:33 am

Over $1 Million in Insurance Claims Processed by Fresh Start Private (CEYY) in February

Fresh Start Private is a leader in the alcohol treatment and rehabilitation industry. An alcohol addiction, alcohol withdrawal, alcohol abuse treatment and alcohol detox rehabilitation organization, the company has successfully treated over 5,000 addiction patients (drugs and alcohol) in the Orange County, California area. The company announced today that it has processed over $1 million in insurance claims at its Orange County clinic for the month of February. Some of the insurance providers Fresh Start Private has been working with include Blue Cross, Cigna, Aetna, United Healthcare, Healthnet, Kaiser, Anthem, TriWest, SSI, MSI and Presbyterian. One of the reasons for…

TuesdayMar 22, 2011 10:31 am

Numerex Corp (NMRX) and Novatel Wireless Subsidiary Enfora Team up to Power Real-time Pallet Tracking Service for iGPS Company

Numerex, www.numerex.com – one of the world’s top machine-to-machine (M2M) solution component providers, in conjunction with leading specialized wireless solutions developer Enfora, Inc., a Novatel Wireless (NVTL) company, announced today a major agreement with iGPS to create a real-time situational awareness solution for its massive fleet of RFID-enabled, 100% recyclable all-plastic rental pallets. A real pioneer, iGPS operates the first and only such all-plastic, RFID-enabled pallet rental service and has shown breakout market momentum since its initial foray back in 2006. Numerex is well known for Numerex DNA™, a powerful fusion of device, network and application spaces into a rock-solid…

TuesdayMar 22, 2011 9:50 am

Biodel Inc. (BIOD) Video Chart for Tuesday, March 22, 2011

BIOD continues to make higher lows since its big drop last November. The chart is making another rounded bottom and is currently pushing on a resistance level. The indicators are aligned and the chart looks poised to take a run at new multi-month highs. To view the video chart, visit the following link: http://www.qualitystocks.net/videocharts.php Let us hear your thoughts below:

TuesdayMar 22, 2011 8:56 am

Novatel Wireless, Inc. (NVTL) Introduces Spider Fleet Management and Vehicle Recovery Platform

Yesterday, Novatel Wireless, Inc. announced that their subsidiary Enfora, Inc. has released the Spider MT 2500 mobile tracking platform. This is Novatel's first mobile tracking platform, and is intended to be used in vehicle fleets to track individual vehicles, taking advantage of 3-axis accelerometer and multi-GPIO technology. San Diego company Novatel is a designer and developer of wireless 2G, 3G and 4G network solutions for distributors and retailers worldwide. Novatel manufactures the Intelligent Mobile Hotspot line of products, including software, USB modems, and embedded/smart M2M modules for internet communications and connectivity. The Spider platform, designed to be employed across vehicle…

TuesdayMar 22, 2011 8:46 am

Unilife Corp. (UNIS) CEO Alan Shortall Adds to Personal Investment in Company

For many investors, there is no greater vote of confidence than seeing insiders buy shares in the open market. Insider purchasing often spurs thoughts of “what’s coming up?” for retail investors. However, it could simply be a valued opportunity to purchase shares at a reduced price in a solid company. It is the Jim Cramer mentality of buying “a broken stock, not a broken company” that often serves investors well in the long-term by exercising patience while developments continue to mature. Unilife Corp. has seen its share price slide since its move to the United States and commencement of trading…

TuesdayMar 22, 2011 8:39 am

Universal Detection Technology (UNDT) Announces Agreement for Radiation Detection Distribution in Japan

Yesterday, Universal Detection Technology announced that they signed an agreement for radiation detection distribution in Japan. Precision Technologies PTD will give the Company an on-the-ground marketing presence in Japan. There are concerns over food contaminated by radiation from areas surrounding the troubled nuclear plant in Fukushima. These concerns spread beyond Japan's borders Monday morning, with world health officials warning of the potential dangers posed by the tainted food. On Monday, World Health Organization (WHO) officials told reporters that Japan should act quickly to ban food sales from areas around the damaged nuclear plant. They said that radiation in food is…

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