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FridayMar 25, 2011 12:58 pm

dELia*s Inc. (DLIA) Welcomes Two Shareholder Representatives to its Board of Directors

Teenage savvy clothing line, dELiA*s, Inc., announced today their Board of Directors is growing from five members to seven. Shareholder representatives Michael Zimmerman, the founder and CEO of Prentice Capital Management, LP, and Mario Ciampi, the managing partner of Prentice Capital Management, LP, will join the Board effective March 25, 2011. Mr. Zimmerman will also serve as a member of the Corporate Governance and Nominating Committee and Mr. Ciampi will be a member of the Compensation Committee. With a B.A. from Harvard University, Mr. Zimmerman, 40, founded Prentice Capital Management, LP, a New York-based private investment firm, in May 2005.…

FridayMar 25, 2011 12:53 pm

Walgreen Co. (WAG) Moves to Acquire Major Online Parallel Drugstore.com

Walgreens, www.walgreens.com – the company whose name has become synonymous with the word drugstore and did some $67B in sales last year via its vast network of locations, announced a definitive merger agreement with Drugstore.com, Inc. (DSCM) today, whereby WAG will acquire DSCM for some $409M. President and CEO of WAG, Greg Wasson, called the drugstore.com acquisition a major victory in the campaign to create America’s number one network of friendly community-centric health and daily living needs stores, adding some 60k products and 3M loyal online customers to an already bountiful online offering. Wasson underscored the importance of the Company’s…

FridayMar 25, 2011 12:13 pm

Citigroup, Inc. (C) Video Chart for Friday, March 25, 2011

C is holding the 200 day moving average and trying to establish a support level. Indicators are mostly positive and showing hints of a possible reversal; however, resistance is strong ahead if an upturn occurs. To view the video chart, visit the following link: http://www.qualitystocks.net/videocharts.php Let us hear your thoughts below:

FridayMar 25, 2011 11:04 am

ZAGG (ZAGG) Files 2010 10-K Ahead of Schedule, Offers Solid 2011 Outlook

ZAGG, a leading developer in providing mobile consumer products and device accessories, today reported the filing of its Form 10-K for 2010; it will file its Proxy Statement by April 30, 2011. ZAGG also offered 2011 guidance, forecasting higher revenue figures based on several key variables. The company reported fourth-quarter 2010 revenue at $29.3 million, a 157 percent increase over the fourth quarter of 2009, and a sequential increase of 27 percent over the third quarter of 2010. Full-year revenue was $76.1 million, up 98 percent from the $38.4 million reported for full year 2009. Gross profit for the quarter…

FridayMar 25, 2011 9:31 am

Hydrogenics Corp. (HYGS) Wins Contract to Provide Hydrogen Power Fuel Cell for Hybrid Ferry

Hydrogenics Corp. is a leading global developer and manufacturer of hydrogen generation and fuel cell products. The company has over 60 years of experience designing, manufacturing, building and installing industrial and commercial hydrogen systems worldwide. The company announced today that it has received a contract from Statue Cruises LLC for the delivery of two HyPM HD 16 fuel cell power modules delivering up to 33 kilowatts of continuous power for one of its ships. The 600-passenger hybrid ferry will be propelled by hydrogen fuel cells in a compund hybrid arrangement along with wind turbines, solar panels and a tier 2…

FridayMar 25, 2011 7:29 am

Gulfport Energy Corp. (GPOR) Reports Pricing and Increase in Size of Stock Offering

Gulfport Energy Corp. announced the final pricing of an offering of common stock last week. The company also increased the size of the offering due to strong demand from the institutional investment community. Gulfport Energy is selling 4.8 million shares of its common stock at a price of $32 per share. The company is selling 2.4 million shares and the balance of the shares is being sold by a large shareholder. Gulfport Energy said that the company originally intended to sell 4 million shares but strong interest from investors led to a 20% increase in the size of the offering.…

FridayMar 25, 2011 7:27 am

China Sunenergy (CSUN) Posts Solid Q4, FY2010 Results

China Sunenergy, a specialized solar cell and module manufacturer, announced its financial results for the fourth quarter and full year 2010, reflecting the company’s transition to in-house module manufacturing following the acquisitions of CEEG (Shanghai) Solar Science & Technology Co., Ltd and CEEG (Nanjing) New Energy Co., Ltd. Revenue for fourth quarter was $169.6 million, a 73.8 percent increase over the fourth quarter of 2009. Gross profit was $27.1 million, a 160.6 percent increase over the comparable quarter of 2009. Gross margin was 16.0 percent, compared to the company's previous guidance of 15 percent. Net income was $15.4 million, or…

FridayMar 25, 2011 7:26 am

Conmed Healthcare Management (CONM) Posts Record Q4, FY2010 Results

Conmed Healthcare Management Inc. yesterday posted its financial results for the fourth quarter and year ended December 31, 2010, posting new records on both a quarterly and annual basis for revenue, gross profit, operating profit and adjusted EBITDA. “We continued to generate cash and maintained a solid, debt-free balance sheet,” Richard Turner, chairman and CEO of Conmed stated in the press release. “These results continue to demonstrate the leverage in our operating model. Our business has now reached a critical mass to the point where our expanded client base and recurring revenues are more directly impacting the bottom line.” Fourth-quarter…

ThursdayMar 24, 2011 1:26 pm

AmeriLithium Corp. (AMEL) Reports Progress On Lithium Exploration in Nevada

AmeriLithium Corp. issued an update on the progress of the company’s mining program in the western United States, where the company is exploring for various minerals. AmeriLithium Corp. just completed the first hole of an exploratory drilling program at the Paymaster Canyon Lithium brine project located in Nevada, and expressed optimism about the initial phase of the drilling program. “We've already encountered areas within hole one that look positive for brine, and we are looking forward to the successful completion of the next hole,” said Matthew Worrall, the CEO of AmeriLithium Corp. AmeriLithium Corp. said that two other holes at…

ThursdayMar 24, 2011 1:24 pm

Powerwave Technologies Inc. (PWAV) Wins First and Second Place 2011 CTIA E-Tech Awards for Wireless Infrastructure

Powerwave Technologies, www.powerwave.com – the global provider of advanced enterprise- and commercial-class wireless network infrastructure, is reported today, Mar. 24, as having crushed the competition at this year’s CTIA E-Tech Awards in the Infrastructure: In-Building/WiFi/LAN category, with the 4G MIMO Active Array Antenna taking first place and the Powerwave LTE Picocell taking second. This was almost a shutout for PWAV, whose products made quite a splash with attendees and judges alike, surpassing ten other finalists in the enterprise infrastructure category and sending home top names like Ericsson, Nokia Siemens and Huawei. Winners were originally announced two days ago in a…

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