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TuesdayMar 29, 2011 7:43 am

Highpower International (HPJ) Posts Strong Q4, FY2010 Results driven by Global Demand and Position in Consumer Electronics Market

Highpower International Inc., a developer, manufacturer and marketer of nickel-metal hydride (Ni-MH) and lithium-ion (Li-ion) batteries and related products, yesterday announced financial results for the fourth quarter and year ended December 31, 2010. The company attributes its revenue growth and profit to increased global demand for its products as the company secured a foothold in the next-generation consumer electronics market. Highpower International reported net sales for the fourth quarter ended December 31, 2010, at $27.9 million, a year-over-year increase of 24 percent compared with $22.5 million for the fourth quarter ended December 31, 2009. Fourth quarter 2010 gross profit increased…

TuesdayMar 29, 2011 7:41 am

Bakers Footwear Group (BKRS) Posts Solid Q4, FY2010 Results

Bakers Footwear Group Inc., a leading specialty retailer of moderately priced fashion footwear for young women, yesterday announced its financial results for the fourth quarter and full year ended January 29, 2011. Fourth-quarter revenue was $58.2 million, up 1 percent from $57.6 million reported for the fourth quarter of 2010. Full year 2010 revenues were $185.6 million, up from $185.4 million reported for the comparable 12 month-period ended January 29, 2010. Gross profit was $20.6 million, or 35.3 percent of net sales, compared to $21.0 million, or 36.4 percent of net sales, in the fourth quarter last year. Full-year gross…

MondayMar 28, 2011 12:48 pm

Socialwise, Inc. (SCLW) Helps Families Teach Youngsters Money Management

“Discipline”, “Structure” and “Money Management”; these are terms that are used daily in conversations focused on teaching today’s kids about good habits. A large portion of the population got a serious taste of reality and “practicing what they preach” when the mortgage industry and economy collapsed a few years ago. Unfortunately, our society is predicated on instant gratification and it shows in the habits of not only many adults, but certainly with children today who seem to have lost a grip on the value of a dollar. Because of this, life lessons about control over finances can be a difficult…

MondayMar 28, 2011 12:26 pm

Lithium Exploration Group (LEXG) Acquires 100 Percent Mineral Rights in Alberta, Canada

Lithium Exploration Group, a company that engages in the exploration of mineral properties in Canada, announced that it has acquired 100 percent of the mineral rights to 113,000 acres in Western Alberta in Canada. The property, which is located in the vicinity of Valleyview, AB, approximately 100 miles northwest of Edmonton, resides on a region rich with oil and gas deposits that have been explored and extracted for the past 100 years. The drilling exhibited by the oil and gas companies led the Alberta Geological Survey (AGS) to conduct thorough testing of the minerals present in the water resulting from…

MondayMar 28, 2011 12:20 pm

Ecologic Transportation, Inc. (EGCT) Turns Gas Stations Green with The Ecologic Solution

Ecologic Systems, part of Ecologic Transportation, Inc., is now offering what is called the Ecologic Solution, a new energy operation focused on the enhancement of gas stations with eco-friendly energy options and solutions. Ecologic Systems is set to provide this turnkey solution through its partners, affiliates, and proprietary processes. The goal is to encourage the production and use of environmentally friendly vehicles by ensuring that consumers will always be able to find a place to fuel them, a continuing concern for car manufacturers as well as drivers. The company is taking the lead in developing and managing the installation of…

MondayMar 28, 2011 12:00 pm

L & L Energy (LLEN) Acquires 60% Interest in DaPing Coal Mine; Establishes Joint Venture

L & L Energy Inc., a U.S.-based coal company with mining and distribution businesses in China, today announced its acquisition of a majority controlling interest of the DaPing coal mine, effective March 15, 2011. The DaPing mine is located in PanXian, Guizhou Province in China. L & L is partnering with the current owner to form a U.S. joint venture in China, in which L & L will contribute approximately USD $18 million in exchange for management control and 60 percent equity of the new joint venture. L & L will inject an additional $3 million in capital expenditures to…

MondayMar 28, 2011 11:58 am

ECOtality, Inc. (ECTY) is “One to Watch”

ECOtality, Inc., headquartered in San Francisco, California, leads the industry in clean electric transportation and storage technologies. Through innovation, acquisitions, and strategic partnerships, the company focuses on accelerating the market applicability of advanced electric technologies to replace carbon-based fuels. Fully committed to developing and commercially advanced clean energy solutions and environmentally friendly products, ECOtality's products, technologies and services currently include: Electric Vehicles: ECOtality North America is a recognized leader in the research, development and testing of advanced transportation and energy systems. The subsidiary specializes in the fields of alternative-fuel, hybrid (HEV), plug-in hybrid (PHEV) and electric vehicles (EV) and infrastructures.…

MondayMar 28, 2011 11:05 am

Clenergen Corp. (CRGE) is “One to Watch”

Clenergen is focused on generating clean energy to address the requirement for renewable and sustainable supplies of electricity. The company has assembled an experienced managerial, engineering and technical team capable of operating combustion steam, gasification, and anaerobic digestive biomass power plants. Clenergen has also established third party partnerships to achieve its business goals and enable it to meet or exceed its financial forecasts and projections. The company has identified two fast growing species of tree and applied a proprietary Tree Adaption Process for rapidly increasing the growth rate 28-40%. This substantial growth rate will enable the production of an economically…

MondayMar 28, 2011 10:32 am

Beacon Equity Research Featured Company: TransAct Energy Corp. (TEGY)

TransAct Energy Corp., a corporation formed in 2006, specializes in producing and selling clean energy on a global scale. To achieve their goals, the company mainly deals in the conservation of sustainable energy options, including geothermal, solar and wind renewable resources. After its incorporation, TransAct set out to acquire energy leases of various kinds: oil, gas, geothermal, wind, solar or marine. The Nevada-based company’s first acquisition was an oil and gas interest in Alberta, Canada and thereafter, they explored other interests throughout the province. The experience paved the way for TransAct to become a reporting company and work closely with…

MondayMar 28, 2011 10:29 am

Beacon Equity Research Featured Company: Generex Biotechnology Corp. (GNBT)

Generex Biotechnology is a drug research and development company whose expertise is finding innovative and commercialized ways to administer drugs throughout the human body. The company has developed a platform technology for the delivery of drugs via the oral cavity. To meet the demands of this type of drug administration, Generex developed its RapidMist™ device so that the drugs typically administered by injection can be absorbed into the body by the lining of the inner mouth. Combined with Generex’s proprietary liquid drug formulations, the company is able to achieve its goal of innovative drug administration. Generex’s flagship product, oral insulin…

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