Blog - Page 3615 of 5383

TuesdayMar 02, 2010 12:43 pm

Arena Resources, Inc. (ARD) Reports Profit in Fourth Quarter Of 2009

Arena Resources, Inc. reported net income of $9.3 million, or $0.24 per diluted share, in the fourth quarter of 2009. The company earned $13.5 million, or $0.35 per diluted share, in the same quarter of 2008. Arena Resources, Inc. reported revenues of $42.35 million in the fourth quarter of 2009, an increase of 30% from the $32.9 million in revenue reported for the same quarter of 2008. Arena Resources, Inc. said that this was the 34th consecutive quarter of profitability for the company. Phil Terry, the CEO of Arena Resources, Inc., said, “The fourth quarter was another very positive quarter…

TuesdayMar 02, 2010 12:41 pm

Wesco Financial Corp. (WSC) Reports Profitable Fourth Quarter

Wesco Financial Corp. reported net income of $11.3 million, or $1.58 per share, in the fourth quarter of 2009. The company earned $ 23.6 million, or $3.32, in the same quarter in 2008. Full year 2009 net income came in at $54 million, or $7.59 per share. In 2008, Wesco Financial Corporation earned $82.1 million, or $11.53 per share. Wesco Financial Corp. saw strong growth in book value during 2009, despite the drop in net income. Book value was $358.26 per share at December 31, 2009 up from $333.96 a year earlier. Wesco Financial Corporation exited the bank deposit insurance…

TuesdayMar 02, 2010 12:39 pm

Profire Energy, Inc. (PFIE.OB) to Expand into U.S. Markets

Today, Canadian company Profire Energy, Inc. announced that it has purchased warehouse and office space in Lindon, Utah. The decision follows its focus on efforts to expand into U.S. markets. The facility will serve as the company’s U.S. headquarters, while the Canadian headquarters will remain in Spruce Grove, Alberta. The new facility is designated for inventory storage and assembly of products and systems for sale and shipment throughout the U.S., ensuring a reliable source of off-the-shelf product supply, faster lead times and decreased shipping costs. Overall, customers will receive enhanced services at a better value. Brenton W. Hatch, CEO of…

TuesdayMar 02, 2010 11:44 am

Consorteum Holdings, Inc. (CSRH.OB) Continues to Rise on Strong Volume!

For the past three days Consorteum Holdings, Inc. (CSRH.OB) has been on a rampant run, rising on average 34% a day. This strong, continuing price rise has been accompanied by above-average volume, which continues to increase along with the share price. CSRH.OB is currently trading at $0.0235, up 17.50%, just a little below today’s high. With an average daily volume of approximately 531,000 traded shares, CSRH has already traded more than 1.5 million shares today and its only noon. Let us hear your thoughts: Consorteum Holdings, Inc. Message Board

TuesdayMar 02, 2010 11:22 am

Solar Energy Initiatives, Inc. (SNRY.OB) Announces Opening of Technical Solar School

Solar Energy Initiatives Inc. has business lines in solar project development, distribution and workforce training. The company announced today that it has initiated the first class of its solar technical school located in Jacksonville, Florida. The new school is funded by stimulus dollars provided to the company by collaborating public partners. The specialized vocational courses offered at the school are the core element of the company's “Renew the Nation” initiative. This is Solar Energy Initiatives' nationwide effort to restore the US economy through the market adoption of solar power at the state and local level. The classes will target members…

TuesdayMar 02, 2010 11:17 am

Sunridge International, Inc. (SNDZ.OB) Gets Chinese Approval for PNT

Sunridge International today announced approval by China’s State Food & Drug Administration for the use in China of the company’s Pneuatic Trabeculoplasty treatment (PNT). Sunridge describes PNT as a safe, effective, 2-minute, non-invasive and cost effective alternative treatment for glaucoma and ocular hypertension. PNT has been developed, patented, and distributed by the company’s wholly owned subsidiary, Ophthalmic International. Sunridge CEO, G. Richard Smith, provided details, emphasizing the significance of the approval to the future of Sunridge. “Our exclusive distributors, Beijing Vision World Trading Co, have informed us that they have received all necessary government documentation approving PNT as a medical…

TuesdayMar 02, 2010 11:14 am

Beacon Equity Research Featured Company: Biopack Environmental Solutions Inc. (BPAC.OB)

Since 1995, Biopack Environmental Solutions Inc. has been focused on the environmentally sound packaging business. The company uses readily renewable agricultural waste to create value-added packaging products normally made from plastic or paper. Biopack’s products are 100 percent biodegradable, recyclable, sustainable and compostable. In 2000, Biopack expanded into the food packaging markets in Europe, Asia, and the United States under the brand name “Roots Biopack.” Since then, Roots Biopack has become a premium brand providing total eco-friendly packaging solutions. Today the company’s services range from product design and development to product testing for quality control, to assurance, sales and marketing,…

TuesdayMar 02, 2010 11:08 am

Beacon Equity Research Featured Company: Wizzard Media (WZE)

Wizzard Media is focused on providing digital media publishing tools, worldwide distribution and monetization services to podcasters. Operating the largest podcasting network in the world with an unprecedented 1.2 Billion podcasts downloaded worldwide in 2008, Wizzard Media’s audience for podcasts has grown from 4.0M in 2006 to over 18M unique audience members monthly. The company’s publishing platforms, Libsyn Indie & Libsyn Pro, power more than 17,000 content producers worldwide and host over 600,000 audio and video episodes that enabled a rate of over 3.34 million download requests per day in 2008. Wizzard Media offers their publishers a complete end-to-end solution,…

TuesdayMar 02, 2010 10:41 am

ChromaDex Corp. (CDXC.OB) Awarded U.S. General Services Administration Contract

ChromaDex Corp., a world leader in the development of phytochemical and botanical reference standards and the creation of associated intellectual property, recently announced the receipt of a U.S. General Services Administration (GSA) Supply Contract for scientific services. Under terms of the receipt, the contract (GS-07F-0243W for Schedule 66 Scientific Equipment and Services) will simplify the process by which federal agencies can engage ChromaDex and purchase services. Effective March 1, 2010, this agreement includes all aspects of dietary supplement testing, analytical method development and validation, contract research services, report and manuscript preparation and laboratory technique training. ChromaDex focuses on developing sustainable…

TuesdayMar 02, 2010 10:28 am

ImmunoCellular Therapeutics, Ltd. (IMUC.OB) Allowed New Patent for its Antibody

One company that has started to make a name for its self in the medical and financial community is ImmunoCellular Therapeutics. Located in Los Angeles, California, ImmunoCellular is a clinical stage company that is developing immune-based therapies for the treatment of brain and other cancers. Today, the young company took a major step towards enhancing its future with the announcement they have received a notice of allowance for a new patent for its antibody ICT-69. The ICT-69 is a revolutionary antibody because it targets multiple myeloma and ovarian cancers. The ICT-69 has been successful in that it has demonstrated high…

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