Blog - Page 3456 of 5493

MondayNov 08, 2010 8:50 am

First California Financial Group, Inc. (FCAL) Announces Acquisition of Western Commercial Bank (WCBH.OB)

Friday, First California Financial Group, Inc. announced that First California Bank assumed all of the deposits and substantially all of the assets of Western Commercial Bank (WCBH.OB), effective at the close of business Friday, November 5, 2010, from the Federal Deposit Insurance Corporation (FDIC) acting in their capacity as receiver of Western Commercial Bank. First California Financial Group, Inc. is the holding company of First California Bank. To protect depositors of Western Commercial Bank, the FDIC entered into a purchase and assumption agreement. Under the agreement, First California Bank assumed all deposits of Western Commercial Bank. Branches previously operated by…

MondayNov 08, 2010 8:41 am

National Automation Services (NASV.PK) Branching Out To New Industries And Regions

Two early projects that set the stage for the diversification of the process controls and automation company National Automation Services, away from the water processing field on which they had been focused, were with Honeywell and FKI Logistex. • Honeywell Engines & Systems (Test Cell Control, Monitoring, and Reporting) NAS completed this project using Modicon Quantum PLC’s and Wonderware. The project included programming and integration of chiller control, airflow, compressors, and power monitoring for test cell simulation used in testing of aircraft components. Information from the database was totalized monthly and used to compile daily and monthly reports NAS configured…

FridayNov 05, 2010 4:01 pm

Microvision (MVIS) Adds Motorola Technology to Current Portfolio, Extending Market Reach

Microvision Inc., a leading innovator in ultra-miniature projection display technology, today announced its purchase of a patent portfolio from Motorola Inc. subsidiary Symbol Technologies Inc., which extends Microvision’s intellectual property reach into the pico projection and display technology arenas. The company’s current projection display engine uses highly efficient laser light sources that create highly contrasted, bright images. The portfolio purchased from Symbol Technologies is the largest, broadest and earliest filed laser pico projection and display portfolio, aside from Microvision’s. The portfolio includes various applications, including automotive head-up display, 3D projection, range finding, portable media devices, image capture and laptop applications.…

FridayNov 05, 2010 4:00 pm

Hyperdynamics (HDY) Secures $30 Million Financial Infusion

Hyperdynamics Corp., an emerging independent oil and gas exploration and production company operating exploration efforts offshore the Republic of Guinea in West Africa, today announced a private placement agreement with affiliates of one of the world’s leading investment management firms, BlackRock. Per the agreement, Hyperdynamics will sell 15 million common shares at $2 per share to BlackRock, an aggregate value of $30 million, resulting in BlackRock owning approximately 12 percent of Hyperdynamic common shares. Hyperdynamics said it will use the net proceeds from the sale to facilitate the drilling of its exploration program scheduled to start in late 2011, as…

FridayNov 05, 2010 2:17 pm

Antigenics Inc. (AGEN) Video Chart for Friday, November 5, 2010

AGEN made a nice move off of a solid double bottom. Although it has retraced some, it is now getting support from both the 50 and 200 dma’s. We are keeping the stock on watch for a nice bounce off the moving averages. Please click the following link: http://www.qualitystocks.net/videocharts.php Let us hear your thoughts below:

FridayNov 05, 2010 1:43 pm

Westmont Resources (WMNS) Agrees to Acquire Leasehold in Pennsylvania

Westmont Resources reported that the company has signed an agreement to acquire oil and gas leasehold in the Northeastern United States. The company said that the acreage has exposure to the Marcellus Shale, an emerging and prolific source of natural gas. Westmont Resources said that the deal includes 233 acres of leasehold and eight producing wells in the southwestern part of Pennsylvania. The company estimates that the value of the potential resources and current production on the acreage is $7.2 million. Westmont Resources did not disclose the identity of the seller or the price that the company will pay. The…

FridayNov 05, 2010 1:42 pm

Gastar Exploration Ltd. (GST) Issues Operational Update for Third Quarter of 2010

Gastar Exploration Ltd. issued an operations update on the company’s oil and gas exploration and development activities during the third quarter of 2010. The company is active in various domestic basins including the Appalachian Basin in Pennsylvania and various formations in Texas. Gastar Exploration Ltd. reported total production of 22.6 million cubic feet per day of natural gas equivalents during the third quarter of 2010. This was a slight year over year decline from the 23.3 million cubic feet per day of natural gas equivalents reported in the corresponding quarter of 2009. Almost all of this production in both quarters…

FridayNov 05, 2010 12:38 pm

Geovic Mining Corp. (GVCM.OB) Acquires Permits for Gold Exploration in Arizona’s Whetstone Mountain Range

Geovic Mining, www.geovic.net – the exploration and development company whose primary operation concerns a 60.5% ownership in a major cobalt-nickel-manganese deposit in the Africa’s Republic of Cameroon, reported the acquisition today of 71 exploration permits in Arizona’s Whetstone Mountains. Located in the northwest region of the Whetstone range, Pima/Cochise Counties to be exact, the permits sit on a 66.5 sq mile area which was identified during a recent (2009-2010) sampling program as bearing extensive surface gold mineralization along a nine-mile trend. Indications provided by analysis of the extant data paint a clear picture of regional detachment faults, hosting what appears…

FridayNov 05, 2010 12:25 pm

ViewCast Corp. (VCST.OB) Awarded Best Enterprise Video Platform 2010 by Readers of Streaming Media

ViewCast, www.viewcast.com – the hardware/software solutions provider which is making the management, manipulation and delivery of professional quality video over the web a reality, reported today that its ViewCast Media Platform (VMp™) was awarded best Enterprise Video Platform for 2010 by readers of Streaming Media magazine. This marks the fourth year in a row of Streaming Media Readers’ Choice Awards for VCST: • The Company’s high performance Osprey® line of video capture hardware won for Encoding Hardware in 2007 • The Osprey 700e HD video capture card won in the same category in 2008 • The Niagara® Pro II won…

FridayNov 05, 2010 12:05 pm

Treaty Energy Corporation (TECO.OB) is “One to Watch”

Treaty Energy Corp. engages in the acquisition, development and production of oil and natural gas. The company acquires and develops oil and gas leases which have proven but undeveloped reserves at the time of acquisition. This strategy allows Treaty to develop and produce oil and natural gas with significantly decreased risk, cost and time involved in traditional exploration. Treaty Energy's management has carefully designed a strategic acquisition program to move the company into continually stronger production, with initial lease projects in Louisiana, Tennessee, and Kansas. When ready for additional expansion, they will pursue acquisition opportunities in other areas that meet…

Site Search

Company Search