Blog - Page 3601 of 5740

WednesdayMar 02, 2011 8:23 am

Earth Dragon Resources, Inc. (EARH.OB) Commissions New Technical Study of Chisu Gold Project, Tanzania

Earth Dragon Resources, Inc. today provided an update to investors regarding efforts underway at the Company's Chisu Gold Project ("Chisu") in Tanzania, Africa. According to the release, the company has engaged an independent contractor to develop a current National Instrument (N.I.) 43-101 compliant engineering report for the joint venture gold property. Earth Dragon recently disclosed a previously published report commissioned by a third party in 2009 which provided invaluable data that has greatly assisted in the determination of overall viability. Containing significant and highly encouraging data, the report included details of previous regional efforts by Barrick Exploration Africa during 2000.…

TuesdayMar 01, 2011 4:22 pm

Mod-Pac Corp. (MPAC) Posts Sixth Consecutive Quarter of Profitability

Mod-Pac Corp., a manufacturer of custom and stock paper board packaging and provider of personalized print products, today posted its financial results for its fourth quarter and year ended December 31, 2010. Total revenue for the fourth quarter of 2010 was $12.80 million as compared to total revenue of $12.77 million in the fourth quarter of 2009. Net income was $240,000, or $0.07 per diluted share, compared to net income of $1.26 million, or $0.36 per diluted share, in the fourth quarter of 2009. Total revenue for 2010 was $48.7 million as compared to $48.9 million reported for the full…

TuesdayMar 01, 2011 3:54 pm

Dune Energy, Inc. (DUNR) Updates Oil and Gas Operations in Gulf Coast

Dune Energy, Inc. issued an operational update on its oil and gas exploration and development activities in 2010 and early 2011. The company is active in various projects in the Gulf Coast regions of Texas and Louisiana. Dune Energy, Inc. reported proved reserves of 82.7 billion cubic feet equivalent at 12/31/2010. These proved reserves were composed of 5.7 million barrels of oil and 48.6 billion cubic feet of natural gas. The company said that its probable and possible reserves at the end of 2010 totaled 8.8 billion cubic feet equivalent. Dune Energy, Inc. said that the reserve report was prepared…

TuesdayMar 01, 2011 3:03 pm

Cogo Group Inc. (COGO) Awarded $1.5M Wind Turbine Contract

Cogo Group Inc. serves as a gateway for global semiconductor companies to access the industrial and technology markets in China. The company today announced it was awarded a $1.5 million wind turbine contract since the acquisition of MDC Tech in late January. The contract was signed in February with key customer DongFang Turbine Co. Inc. Cogo said it expects shipments to commence and begin generating revenue in the third quarter of 2011. Jeffrey Kang, CEO of Cogo, said the performance MDC Tech to-date boosts the company’s confidence that it will achieve significant revenue in the upcoming year. “I am delighted…

TuesdayMar 01, 2011 2:21 pm

Akorn Inc. (AKRX) Posts Q4 and FY 2010 Results; 2011 Guidance

Akorn Inc., a niche generic pharmaceutical company, today reported financial results for the fourth quarter and year ended December 31, 2010, noting key highlights and achievements that contributed to the results. Consolidated revenue for the fourth quarter of 2010 was $24.0 million, an increase of 32 percent over revenue of $18.2 million reported in the fourth quarter of last year. Fourth quarter 2010 core business revenue was $24.0 million, up 60 percent over the prior year quarter core revenue of $15.0 million. Consolidated revenue for the full-year 2010 was $86.4 million, up 14 percent over the full-year 2009 consolidated revenue…

TuesdayMar 01, 2011 12:40 pm

Earth Dragon Resources Inc. (EARH.OB) Finds Gold in Diversity

The seemingly insatiable global demand for gold has had the effect of bringing together people with diverse talents from around the world, all in the expanding search for the increasingly valuable yellow metal. It has also led to the diversification of locations explored. A case in point is Earth Dragon Resources, a gold exploration and development company. The company is based in Tokyo, but is currently looking for gold in Africa, specifically in Ghana and Tanzania. In addition, the management of the company comes from both Japan and the U.S. Still more diversity is seen in the varied backgrounds of…

TuesdayMar 01, 2011 12:34 pm

Cimatron Ltd. (CIMT) to Also be Listed on the Tel-Aviv Exchange

Cimatron Ltd. (NASDAQ: CIMT) is a leading provider of integrated CAD/CAM solutions for the toolmaking and manufacturing industries. The company, with over 28 years of experience and 40,000 installations worldwide, is committed to providing comprehensive, cost-effective solutions that streamline manufacturing cycles and shorten product delivery times. The company recently announced that the Tel-Aviv Stock Exchange has approved the dual listing of Cimatron's ordinary shares on the exchange beginning with trading on March 2, 2011, under the ticker symbol CIMT. Cimatron's shares will continue to be listed here in the US on the NASDAQ Capital Market and the company will continue…

TuesdayMar 01, 2011 12:31 pm

NIVS IntelliMedia Technology Group (NIV) is “One to Watch”

NIVS IntelliMedia Technology Group is an integrated consumer electronics company focused on designing, manufacturing, marketing and selling intelligent audio and video products and mobile phones in China, Greater Asia, Europe, and North America. The NIVS brand has received "Most Popular Brand" distinction in China's acoustic industry for three years in a row, among numerous other awards. The company has a 2.7 million square foot factory, which includes a large-scale, 1.1 million square-foot production area, and more than 1,400 full-time employees. Its modernized production lines include automated processing equipment and procedures that can be easily modified to accommodate new customer requests,…

TuesdayMar 01, 2011 11:44 am

Discover Hidden Trading Opportunities with TinyGems

It turns out, well-run small companies are not inherently risky. It's one of the best kept secrets on Wall Street! TinyGem's Hidden Gems Newsletter features undiscovered, undervalued companies on a regular basis. Each month, subsribers receive a summary of the team's research. If you would like sign up for the TinyGems Monthly Newsletter and discover new, undiscovered small-cap companies, visit www.tinygems.net Let us hear your thoughts below:

TuesdayMar 01, 2011 11:08 am

BioNeutral Group, Inc. (BONU.OB) Subsidiary Granted Approval to Receive up to $280,000 in Development Incentives

Today, BioNeutral Group, Inc. announced that the Kentucky Economic Development Finance Authority (KEDFA) granted approval for BioNeutral Services, Inc. to receive up to $280,000 in development incentives for up to 10 years. In all, the KEDFA named six companies that will receive development incentives, creating 362 new jobs, nearly $12 million in new annual payroll and $40 million in new investment. "It is encouraging to see more than 350 new jobs coming to our region," Mayor Greg Fischer said of the six newly approved companies. "These potential incentives will help us continue to nurture the spirit of entrepreneurship, for both…

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