Blog - Page 3595 of 5773

FridayApr 08, 2011 10:34 am

Harvest Natural Resources, Inc. (HNR) Updates Worldwide Oil and Gas Operations

Harvest Natural Resources, Inc. reported an update on its oil and gas exploration and development activities during the first quarter of 2011. The company is active in the United States, South America, Africa, Asia and the Middle East. Harvest Natural Resources, Inc. drilled and completed four wells on its properties in Venezuela, and reported average daily production of 28,700 barrels of oil per day during the quarter. This represented a 32% increase over the same quarter in 2010. In the United States, Harvest Natural Resources, Inc. signed an agreement to sell its oil and gas properties in Utah to Newfield…

FridayApr 08, 2011 10:31 am

How a Government Shutdown Would Affect Americans

One of the main stories on all the news outlets is the pending partial shutdown of the US government due to a budget stalemate between the Democrats and Republicans. The question many Americans have on their minds is how the shutdown would affect their everyday lives. Here's how government services would or would not be affected by the pending Friday midnight shutdown: • Mail – US postal operations are funded separately. So mail delivery will run as usual. • Benefits – Social Security payments will continue as usual. Applications will be processed, but at a slower pace than normal. Unemployment…

FridayApr 08, 2011 8:26 am

Bioheart, Inc. (BHRT): The Heart Failure Specialist

Bioheart, Inc. is a biotechnology company focused 100 percent on cell therapy products for the heart. Specialized as such and led by a team of industry experts, Bioheart offers a full-line of cell therapy products for heart failure to serve their clients and is in the midst of the largest clinical trial of its kind involving congestive heart failure patients. Bioheart’s flagship technologies, MyoCell and MyoCell SDF-1, are myoblasts or muscle stem cells that are intended to improve cardiac function months or even years after a patient has suffered severe heart damage due to a heart attack. The process involves…

FridayApr 08, 2011 8:22 am

WindTamer Corp. (WNDT) Lands Inaugural Order Received from New European Distributor

WindTamer Corp. announced recently that it has entered into an agreement with UAB WindTamer Europe for the exclusive distribution of WindTamer turbines and other products manufactured by the company in Lithuania, Latvia, Denmark, Sweden and The Netherlands. Concurrent with the agreement, the company said it received a first order and payment for two WindTamer 8.0GT wind turbines and one 4.5GT wind turbine. WindTamer CEO William A. Schmitz stated that he anticipates a minimum in orders of $1.5 million over the next year from UAB WindTamer Europe, which is a newly formed company and not an affiliate of WindTamer Corporation. Added…

FridayApr 08, 2011 8:19 am

DARA BioSciences (DARA) Reports 2010 Results and Corporate Overview

DARA BioSciences yesterday provided its 2010 annual report that was filed with the SEC on March 25, 2011 and provided a corporate overview. Highlights from the announcement included: • DARA receiving approximately $8.4 million in cash and funding commitments to continue the clinical development of its two leading drug candidates for which the Company believes provides them with sufficient cash to achieve the next series of key milestones during 2011. • Announcement of a Clinical Trial Collaboration Agreement with the Symptom Management & Drug Development, Community Oncology & Prevention Trials Group, Division of Cancer Prevention; National Cancer Institute (NCI) to…

FridayApr 08, 2011 7:39 am

Graymark Healthcare, Inc. (GRMH) Reports 107% Increase in Resupply Shipments for Q1

Graymark Healthcare, Inc., the nation's second largest provider of diagnostic sleep services and an innovator in comprehensive care for obstructive sleep apnea (OSA), today posted more than 100 percent increase in patient resupply shipments. In the first quarter of 2011, Graymark said it shipped 2,244 resupply packages relating to its Continuous Positive Airway Pressure (CPAP) machines, compared to 1,084 in the same year-ago quarter and 2,220 in the previous quarter. The company said the increase is due to a growing rate in the number of sleep studies performed through the company's higher margin outreach program. Sleep therapy setups also increased,…

FridayApr 08, 2011 7:38 am

Penford Corp. (PENX) Reports Quarterly Financials

Penford Corp., a leader in renewable ingredient systems for industrial and food applications, yesterday reported its second-quarter results for the quarter ended February 28, 2011. The company reported that its revenues increased 19 percent to $74.3 million from $62.3 million a year ago. Loss from continuing operations was $1.6 million, or $(0.13) per diluted share, for the quarter ended February 28, 2011, compared with a loss from continuing operations of $1.8 million, or $(0.17) per diluted share last year. Penford’s Food Ingredients segment reported record second quarter sales, up 9 percent from the prior year. The company attributes the increases…

FridayApr 08, 2011 7:36 am

China Gerui Advanced Materials Group Ltd. (CHOP) Posts Solid Q4, FY2010 Results

China Gerui Advanced Materials Group, a leading high precision, cold-rolled strip steel producer in China, yesterday announced unaudited financial results for the fourth quarter and full year ended December 31, 2010, posting increases across the board. Fourth-quarter revenue increased 15.6 percent to $66.1 million in the fourth quarter of 2010 compared to $57.2 million in the fourth quarter of 2009. The company reported its gross profit increased 15.4 percent to $19.6 million in the fourth quarter of 2010 from $17.0 million in the same period of 2009. Gross margin remained flat at 29.7 percent in the fourth quarter of 2010.…

ThursdayApr 07, 2011 1:45 pm

Simulated Environment Concepts, Inc. (SMEV) Was Built from the Top Down

It’s the founders and leaders that determine the initial direction of a developing company, including its mission and strategic goals, the corporate culture, and, most importantly, the kind of people who will join the team. If a strong sense of direction, passion, and purpose aren’t there from the beginning, the company is unlikely to last. For anyone familiar with Simulated Environment Concepts, makers of the SpaCapsule automated massage and personal health spa, it’s clear that these foundational qualities have defined the company from the first day of operation. At the heart of their mission is a high level of dedication…

ThursdayApr 07, 2011 1:10 pm

Beacon Equity Research Featured Company: Solar Park Initiatives, Inc. (SOPV)

Solar Park Initiatives, Inc. combines over fifty years of utility expertise with solar engineering prowess to generate affordable and clean electricity while preserving our natural resources. The company offers professional and project developing services that provide renewable energy through photovoltaic and solar thermal technologies. Solar Park Initiatives builds, owns and operates solar generation facilities that range from as small as 2 Mega Watts to utility scale facilities in the Gigawatt range. The company intends to build all facilities with no construction cost to the customer. Solar Park leverages its energy expertise, solar PV supplier relationships, and procurement processes to help…

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