Blog - Page 3594 of 5484

TuesdayJun 15, 2010 10:00 am

Cagle’s, Inc. (CGL.A) Reports Strong Net Income in Fiscal 2010

Cagle's, Inc. reported net income of $2.5 million, or $0.55 per share, for the fiscal year 2010, which ended 4/3/2010. The company reported a loss of $11.5 million, or ($2.48) per share, in fiscal 2009. Cagle's, Inc. said that the large loss in fiscal 2009 was caused by a drop in product sales combined with rising costs, including energy and feed costs. Cagle's, Inc. also reported an improvement in sales in fiscal 2010. The company reported sales of $292.5 million in fiscal 2009, compared to $307 million in fiscal 2010. Cagle's, Inc. sells fresh and frozen chicken on a retail…

TuesdayJun 15, 2010 9:58 am

Azure Dynamics Corp. (AZDDF.PK) Sells 24 Balance Hybrid Electric Buses to King County, Washington

Azure Dynamics Corp. is a young company that is starting to gain recognition on Wall Street. Located in Oak Park, Michigan, Azure Dynamics has evolved into a world leader in the development and production of hybrid and electric components and powertrain systems for commercial vehicles. Today, Azure took a major step towards enhancing their future with the sale of 24 Balance Hybrid Electric buses. Azure sold these electric buses to King County Washington for its Access Transportation services. King County was able to award this contract with the support of Federal Transit Administration (FTA) stimulus funds aimed at providing fuel…

TuesdayJun 15, 2010 9:53 am

Electric Car Company (ELCR.OB) Enters into Letter of Intent with Liberty Electric Cars

Electric Car Company, Inc., a vehicle conversion company that specializes in electric conversion and manufacturing for the livery and fleet markets including corporate VIP, Party Buses, Municipal Buses and Delivery Vehicles, announced today that they have entered into a Letter of Intent (LOI) Agreement with Liberty Electric Cars, USA LLC. The Joint Venture is designed to combine the expertise and talent of both companies to produce zero emission electric vehicles and is subject to the execution of a definitive agreement. The main focus of the electric vehicle push within the industry has been tailored towards small city cars. The partnership…

TuesdayJun 15, 2010 9:26 am

Accuride Corp. (ACUZ.OB) Named a Preferred Aluminum Wheel Supplier for Polar Tank Trailer, LLC

Yesterday, Accuride Corporation announced that Polar Tank Trailer, LLC, recently named Accuride their preferred supplier for forged aluminum wheels. Mr. Randy Arlt, Polar Tank Trailer President, said, "Formally recognizing our longstanding relationship and reliance on Accuride was a team-based decision heavily influenced by customer input. It's all part of our process of ensuring the highest level of quality, responsiveness and world class cost performance." For Mr. Arlt, the announcement reflects Polar Tank Trailer's commitment to a fully customer focused mission. Polar Tank Trailer, LLC, is an industry leader in liquid and dry bulk trailers. The Company manufactures custom stainless steel,…

TuesdayJun 15, 2010 9:24 am

China Green Material Technologies, Inc. (CAGM.OB) Announces Appointment of Ms. Jing Zhu as the Company’s New Independent Board Member

China Green Material Technologies, Inc., a China-based manufacturer of starch-based biodegradable containers, tableware and packaging products, recently announced the addition of Ms. Liu, CPA, to the company’s Board of Directors, effective June 11, 2010. Ms. Lui will replace Ms. Jing Zhu, who resigned earlier this month. Ms. Yi will also serve as the chairman of the nominating and corporate governance committee and as a member of the audit committee and the compensation committee. Most recently, Ms. Liu served as the chief financial officer of Rino International, Inc., where she oversaw all SEC reporting, mergers and acquisitions, investments and strategic partnerships,…

TuesdayJun 15, 2010 8:44 am

NetSol Technologies, Inc. (NTWK) Announces Contract with Sany Corp. of China for Implementation of NFS Solution

Today, NetSol Technologies, Inc. announced that Sany Corp. of China, the largest concrete equipment manufacturer in the world, signed a contract of notable value to install NetSol's Financial Suite ("NFS") solution to run its newly formed finance company. The complete NFS suite, including Credit Application Processing (CAP), Contract Management System (CMS) and Wholesale Finance System (WFS), is to be deployed across Sany's vast dealer network as well as its business back office centers across China. The largest concrete machinery manufacturer in the world, Sany is one of the Global Top 50 Construction Machinery Manufacturers and one of China's Top 500…

TuesdayJun 15, 2010 8:37 am

Micro Identification Technologies, Inc. (MMTC.OB) Announces Plans for Expansion Enabled by Completed Manufacturing and Financing Agreements

This morning, Micro Identification Technologies, Inc. announced that it has begun an internal expansion program, which was made possible in part by the Manufacturing Contract signed with OSI Optoelectronics (OSIO) to produce its systems and the Equity Placement Agreement from the private equity firm Dutchess Capital through its Dutchess Opportunity Fund, LP. Micro Identification Technologies (MIT) Chairman Michael Brennan commented, "As part of this expansion program, we will be significantly increasing our professional and scientific resources -- great career opportunities." Over the last year MIT produced the PC-based MIT 1000 Microbial Identification System in limited quantities and had several distinguished…

TuesdayJun 15, 2010 8:19 am

Pop N Go Inc. (POPN.PK) Video Chart for Tuesday, June 15, 2010

POPN made a great move yesterday on huge volume. Look for it to challenge resistance at $.002 today. Please click the following link: http://www.qualitystocks.net/videocharts.php?chartvid_id=418 Let us hear your thoughts below:

TuesdayJun 15, 2010 8:05 am

eDoorways Corp. (EDWY.PK) Innovatively Meets the Needs of Consumers and Businesses

eDoorways Corporation, based in Austin, TX, has managed to merge the best of social networking and advanced search engine technology to create a one-of-a-kind Web 3.0 vendor / consumer networking platform. By applying the latest Web capabilities to the marketplace, eDoorways taps into the natural way that people learn and solve problems, allowing vendors to slide effortlessly into the process. The eDoorways platform brings people together in a way that (1) solves almost any type of lifestyle problem for consumers, and (2) presents highly targeted and willing traffic to vendors. Its unique competitive advantage is its next-generation interface that allows…

MondayJun 14, 2010 3:25 pm

Lorus Therapeutics Inc. (LRUSF.OB) Favorable Clinical Trial Results Presented at 15th Annual Congress of the European Hematology Association

Lorus Therapeutics Inc. is a biopharmaceutical company focused on the research and development of pharmaceutical products and technologies for the management of cancer. The company today announced the presentation of its phase II clinical trial data for LOR-2040 in combination with high dose cytarabine for the treatment of Acute Myeloid Leukemia (AML). The data was given at the 15th Annual Congress of the European Hematology Association (EHA) in Barcelona, Spain in a presentation entitled "A Phase II Study of GTI-2040, an Antisense to Ribonucleotide Reductase (RNR), in Combination with High-Dose Cytarabine (HiDAC) in Relapsed and Refractory Acute Myeloid Leukemia (AML)."…

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