Blog - Page 3615 of 5550

ThursdayJul 29, 2010 2:34 pm

The Eastern Company (EML) Reports Outstanding 2Q and Six-month 2010 Financials

The Eastern Company, www.easterncompany.com – founded in 1858 and widely known as an established manufacturer of high-quality security and industrial hardware, yesterday issued a financial report on its operations in 2Q and the six-month period for FY10. Sales and Income data offers a very clear picture of strong demand in each segment: • 2Q Sales, up 16% to $32.6M (compared to $28.1M in 2Q FY09) • 2Q Net Income, up 67% to $1.4M or $0.23 per diluted share ($842k/$0.13) • Six-month Net Sales up 12% to $63.5M ($56.5M) • Six-month Net Income up 110% to $2.4M or $0.40 per diluted…

ThursdayJul 29, 2010 2:01 pm

Royale Energy, Inc. (ROYL) Reports Successful Drilling of Well in LoneStar Field

Royale Energy, Inc. reported the successful drilling of the North East Parks #1 well on its acreage position in California. This was the sixth well the company has drilled in 2010, surpassing the five wells drilled in 2009. This was the second successful well for Royale Energy, Inc. during the last few months. The company drilled and completed the Victor Ranch 3-9 well located in the East Rice Creek field and reported natural gas shows in that well from three different zones. The North East Parks #1 is located in the LoneStar field, and Royale Energy, Inc. said that the…

ThursdayJul 29, 2010 2:00 pm

Lucas Energy (LEI) Reports Three Well Completions

Lucas Energy reported the successful completion of three wells as part of the company’s 2010 oil and gas development program. The wells were drilled and completed over the last two months on the company’s acreage in Texas. Lucas Energy drilled and completed the Wall No.1 well located in Wilson County. The well was a re-entry of a previously drilled well to the Buda formation. The Wall No.1 well was producing at a rate of 91 barrels of oil per day, with no water present. The management of Lucas Energy believes that this well has potential for the Eagle Ford Shale…

ThursdayJul 29, 2010 1:58 pm

Gold Resource Corp. (GORO.OB) Declares Initial Special Cash Dividend

Gold Resource Corp. is a mining company focused on the development and production of gold and silver projects that feature low operating costs and produce high returns on capital. The company has a 100% interest in five potential high-grade gold and silver properties in Mexico's southern state of Oaxaca. Notably, earlier this month Gold Resource applied for a NYSE: Amex listing. The company announced today that it has declared an initial special cash dividend of $0.03 per common share to its shareholders of record August 16, 2010 and payable on or about August 26th. Since going public in September 2006,…

ThursdayJul 29, 2010 9:29 am

New Leaf Brands, Inc. (NLEF.OB) Reports Success with Lemonades; Doubles Production to Meet Demand

New Leaf Brands, Inc. announced earlier this week that they have ramped up production of their lemonades to meet continuously increasing demand. New Leaf Brands is a provider of great tasting, all natural, healthy beverages that include 12 unique tea flavors sweetened with 100% organic cane sugar, 4 lemonades made with 6%-10% real fruit juice and sweetened with 100% organic cane sugar and 2 diet iced teas sweetened with Splenda™. Their line of lemonades was introduced a few months ago and has been selling rapidly. In fact, last month it was the number one New Leaf beverage distributed by Manhattan…

ThursdayJul 29, 2010 8:54 am

Nine Mile Software (NMLE.OB) Releases TradeWarrior Small Business 1.0 for Registered Investment Advisors

Nine Mile Software, Inc. announced today the official launch of TradeWarrior Small Business 1.0. TradeWarrior is a portfolio rebalancing and trading tool designed specifically for the growing Registered Investment Advisory (RIA) marketplace. It greatly reduces the time it takes an RIA firm to trade and rebalance their book of business. The latest major beta test was released on June 8th in preparation for today’s launch. A Registered Investment Advisor is defined as an advisor, registered with the Securities and Exchange Commission, who manages the investments of others. Typically, an RIA with more than $25 million under management must register with…

ThursdayJul 29, 2010 8:46 am

International Stem Cell Corp. (ISCO.OB) Inks Distribution Agreement with Sristi Biosciences

International Stem Cell Corp. and its subsidiary Lifeline Cell Technology ® have entered into an agreement with Sristi Biosciences for the distribution of the Lifeline brand of human cell culture products in India. Lifeline develops, manufactures and distributes primary human cells and media and growth factors for optimized culturing of cells, including stem cells. The company notes international requests for its products, including India, one of the fastest growing markets for such products. Lifeline CEO and senior vice president of Operations at ISCO, Jeffrey Janus, said Sristi Biosciences is highly experienced in advanced cell therapy, and that the company has…

ThursdayJul 29, 2010 8:39 am

Amerilithium Corp. (AMEL.OB) Video Chart for Thursday, July 29, 2010

AMEL has been trending sideways in a tight channel for several weeks. We are looking for support to hold and resistance to be broken as explained in the video. Please click the following link: http://www.qualitystocks.net/videocharts.php?chartvid_id=451 Let us hear your thoughts below:

ThursdayJul 29, 2010 8:24 am

VaxGen, Inc. (VXGN.OB) Completes Merger with diaDexus

One company that has investors talking is VaxGen, Inc. Located in San Francisco, California, VaxGen is focused on the development and commercialization of patent-protected in vitro diagnostic products that are addressing unmet needs in the battle against cardiovascular disease. Today, VaxGen took a major step towards enhancing its future with the announcement they have completed a merger with diaDexus. diaDexus, Inc. is known as a stellar company with the same mission as VaxGen. The two companies will create a corporation that has the potential to help families and the medical community battle and overcome cardiovascular disease. As a result of…

ThursdayJul 29, 2010 8:20 am

Viking Systems, Inc. (VKNG.OB) Announces Contract Extension with Boston Scientific, Inc.

Viking Systems, Inc., a leading worldwide developer, manufacturer and marketer of 2D and 3D visualization solutions for complex minimally invasive surgery, recently announced that the company has extended its supply contract with Boston Scientific, Inc., a worldwide developer, manufacturer and marketer of medical devices whose products are used in a broad range of interventional medical specialties. Viking Systems has experienced continued success with Boston Scientific's SpyGlass® Direct Visualization System; therefore, the companies agreed to extend the term of the supply agreement through May 2012. Boston Scientific's SpyGlass Direct Visualization System is the latest advancement in intraductal visualization during a cholangioscopy.…

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