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WednesdaySep 15, 2010 10:20 am

Uranium Energy Corp. (UEC) Moves Toward Initial Uranium Production

When U.S. based exploration and development company Uranium Energy Corp issued their earlier mid-year shareholder report, the company clearly outlined the progress recently made and where they hope to be by the coming year. In early June, UEC initiated wellfield development and construction at Palangana production area #1 in South Texas, with 110 injection and production wells to be drilled, cased, and completed. Concurrently, they also started drilling the disposal well for this first wellfield, which is now complete. The equipment, tanks, and pipes for the facility are already being installed. The site will feed the UEC’s recently acquired Hobson…

WednesdaySep 15, 2010 8:36 am

Big Bear Mining Corp. (BGBR.OB) Announces Major Exploration Program in Natrona County, Wyoming

Located in Tempe, Arizona, Big Bear Mining is an exploration and development company that is focused on the acquisition and development of gold and other precious commodity projects which demonstrate high probability for near term production. Today, Big Bear Mining announced details pertaining to an exploration program on Rattlesnake Hills claims in Natrona County, Wyoming. The claims, which were acquired five weeks ago, will potentially yield significant quantities of gold and other precious commodities and allow Big Bear Mining to gain national recognition. Since this acquisition, Big Bear Mining has contracted Cowboy Exploration to conduct management of the exploration efforts.…

WednesdaySep 15, 2010 8:14 am

Penn West Energy Trust (PWE) Updates Corporate Restructuring Plan and Drilling Activity

Penn West Energy Trust released updated information on its corporate restructuring and an operational update on its oil and gas exploration and development activities. Penn West Energy Trust is currently operating under an income trust business model and is moving over the next few quarters to an exploration and production business model. This conversion involves the reduction of its dividend and the redeployment of the funds into oil and gas exploration and development. Penn West Energy Trust has reduced the company’s future monthly dividend payments from $0.15 per unit to $0.09 per unit. The company has also applied to the…

WednesdaySep 15, 2010 8:13 am

Beazer Homes USA, Inc. (BZH) Reduces Expectations for Fiscal 2010 New Home Orders

Beazer Homes USA, Inc. lowered its financial guidance for new home orders for the current fiscal year due to lower than expected demand by customers in the wake of the weak economy. The management of Beazer Homes USA, Inc. had previously indicated that new home orders in fiscal 2010 would exceed the level of new home orders in fiscal 2009, when the company sold 4,205 homes. Beazer Homes USA, Inc. reported that through 6/30/2010, the company had received orders for 3,438 new homes, and expects to receive orders for between 700 and 800 new homes in the final quarter of…

WednesdaySep 15, 2010 8:08 am

Mexus Gold U.S. (MXSG.OB) Releases NI 43-101 Technical Report

Mexus Gold U.S. announced yesterday the release of the 43-101 technical report for the El Scorpio in Sonora, Mexico. The El Scorpio Prospects are in Sonora State in northern Mexico approximately 80 road kilometers northeast of Hermosillo, Sonora, Mexico near 29 degrees 25' North and 110 degrees 35' West. The Property is comprised of approximately 2800 hectares. The El Scorpio 43-101 technical report was prepared by Mr. Paul A. Pelke, SB, SM, California Registered Geologist with a private geological consulting practice located in Reno, Nevada. Mr. Pelke is a graduate of The Massachusetts Institute of Technology in 1971 with Bachelor…

WednesdaySep 15, 2010 8:04 am

Global Entertainment Corp. (GNTP.OB) Reports Net Loss of $2.6 Million

Global Entertainment Corp. announced its fiscal year end 2010 results, which proved to be lackluster for the integrated event and entertainment company. For the fiscal year ended May 31, 2010, the Company realized a net loss of $2.6 million, or $0.39 per share, compared to net income of $0.03 million, or $0.00 per share, for the prior fiscal year. Revenues were also down to $11.3 million compared to $13.2 million during the fiscal year ended May 31, 2009, a decrease of $1.9 million, or 14.2%. In 2010, contributing factors leading to this decline were the fluctuations in initial fees and…

WednesdaySep 15, 2010 8:02 am

The MICROWAVE VISION Group (ALMIC) Subsidiary ORBIT/FR, Inc. Posts a Whopping 26.9% Increase in Sales

The MICROWAVE VISION Group (NYSE-Euronext: ALMIC) announced that its subsidiary ORBIT/FR, Inc. (OTCBB: ORFR), has published first half and second quarter 2010 interim results. These results demonstrate a dramatic increase from the same time periods in the year prior. Sales were up by 26.9% to $16.5 million, and operating income increased to $1.09 million vs. a $0.53 million loss last year. ORBIT/FR provides Antenna, RCS and Radome measurement solutions for the defense, aerospace, telecommunication, automotive, academic and research communities. The Company delivers everything from sophisticated turn-key measurement systems to precision individual components. The MICROWAVE VISION Group, which owns 61.8% of…

WednesdaySep 15, 2010 7:59 am

Cicero Inc. (CICN.OB) Receives Prestigious 2010 TMC Labs Innovation Award

Cicero, Inc., a Company that specializes in enabling business transformation of enterprise interactions, announced that it has received a 2010 TMC Labs Innovation Award for its Cicero XM ™ Suite. This comes as wonderful news for the company who has also won the Customer Interaction Solutions Magazine’s 2009 Product of the Year award. The Cicero XM product is perfect for the call center industry or any other industry that needs to connect different applications, regardless of the type and source of the application, to eliminate redundant entry and costly mistakes. Cicero XM automates up and down-stream process flows, enforcing compliance…

TuesdaySep 14, 2010 2:00 pm

Synthetech, Inc. (NZYM.OB) Price Tag worth W. R. Grace & Co.’s (GRA) Expectations for Future

W. R. Grace & Co. (NYSE: GRA), a leading global supplier of catalysts and other products for petroleum refiners, today announced it will purchase Synthetech Inc., manufacturer of fine chemicals specializing in organic synthesis, biocatalysis and chiral technologies. The acquisition is expected to equip Grace with the needed capacity to manufacture specialty single-site and polypropylene catalysts used to produce plastics. "Synthetech gives us immediate production capacity for specialty single-site and polypropylene catalysts, which significantly enhances our ability to supply our large global customers with these specialized catalysts. The acquisition eliminates the need for investing in a grass-roots facility,” Greg Poling,…

TuesdaySep 14, 2010 11:57 am

Beacon Equity Research Featured Company: Alanco Technologies Inc. (ALAN)

Alanco Technologies is a Scottsdale, AZ-based leader in the wireless asset management/tracking sector via its StarTrak Systems subsidiary, which specializes in GPS tracking and wireless asset management for the transportation industry. StarTrak products allow for remote inspection of critical data on refrigerated transportation trailers, trucks, railcars and containers, including location, temperature and coolant fuel levels, and its fully integrated solutions for tracking and monitoring (with subscription monitoring and control) result in higher ROI, improved supply chain/process efficiency, and real-time situational awareness. As a constant leader in innovation, StarTrak provides cutting-edge capabilities like complete two-way remote configuration of the refrigeration unit…

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