Blog - Page 3617 of 5482

TuesdayMay 25, 2010 9:05 am

Congress to Vote on $11 Billion Oil Tax Increase to Clean up Spills

In an effort to clean up the massive BP oil spill, Congress is set to vote on a tax increase to finance the imitative. The new bill would quadruple a tax on oil to 32 cents a barrel, raising approximately $11 billion over the next decade. This tax would be levied on oil produced in the U.S. or imported from foreign countries. Under terms of the bill, the revenue would go to a fund managed by the Coast Guard to help pay to clean up spills in waterways, including the Gulf of Mexico. There has been little public opposition to…

TuesdayMay 25, 2010 9:00 am

China Organic Agriculture, Inc. (CNOA.OB) Announces Financial Results for First Quarter

China Organic Agriculture, Inc. announced yesterday their financial results for the first quarter ended March 31, 2010. First Quarter 2010 results include revenue of $32.4 million. This represents a decrease from $36.7 million in the first quarter of 2009. Gross profit was $8.2 million, compared to $8.4 million in the first quarter of 2009. Net income attributable to the Company's shareholders in the first quarter of 2010 was $3.0 million. Fully diluted earnings per share in the first quarter of 2010 were $0.04. This is in comparison to $0.05 in the first quarter of 2009. China Organic Agriculture, Inc. acquired…

TuesdayMay 25, 2010 8:56 am

China Shenghuo Pharmaceutical Holdings, Inc. (KUN) Reports Higher Sales of Xuesaitong in First Quarter of 2010

China Shenghuo Pharmaceutical Holdings, Inc. reported net income of $2,355 in the first quarter of 2010 compared to a net loss of $2.9 million in the first quarter of 2009. China Shenghuo Pharmaceutical Holdings, Inc. attributed the higher net income to improved sales of Xuesaitong, the company’s main drug product. Management also cited better control of operating expenses during the quarter. Gui Hua Lan, the CEO of China Shenghuo Pharmaceutical Holdings, Inc. said, “The increases in sales and net income were primarily due to the Company's continuous efforts to promote the sales of products and the efforts to control our…

TuesdayMay 25, 2010 8:54 am

China Yongxin Pharmaceuticals Inc. (CYXN.OB) Reports Higher Revenue and Net Income for First Quarter of 2010

China Yongxin Pharmaceuticals Inc. reported net income of $2.35 million, or $0.04 per diluted share, for the first quarter of 2010. The company reported net income of $390,000 or $0.01 per diluted share, in the same quarter in 2009. Revenues also increased sharply on a year over year basis, from $9.2 million in the first quarter of 2009 to $10.7 million in the quarter just ended. China Yongxin Pharmaceuticals Inc. reported that the Retail Drug Store segment saw a 20% increase in revenue, while the Wholesale Pharmaceutical Distribution segment had a 7% increase in revenues. China Yongxin Pharmaceuticals Inc. said…

TuesdayMay 25, 2010 8:39 am

EcoBlu Products, Inc. (ECOB.OB) Video Chart for Tuesday, May 25, 2010

ECOB made a nice move yesterday. Resistance from the 200dma is right ahead, but we are looking for a push to move through it. Please click the following link: http://www.qualitystocks.net/videocharts.php?chartvid_id=404 Let us hear your thoughts below:

TuesdayMay 25, 2010 7:17 am

General Environmental Management Inc. (GEVI.OB) Reports First Time Profitability with First Quarter 2010 Financial Results

Yesterday after the closing bell, General Environmental Management Inc. (GEM) announced its financial results for the three months ended March 31, 2010. The company reported first-quarter GAAP (generally accepted accounting principles) earnings per share (EPS) at $0.30. For the first time in Company history, GEM has recorded a quarterly net income. Total net income for the quarter was calculated at $4,477,955. In the press release, the company made it clear that revenues for the first quarter are strictly from the Southern California Waste Water (SCWW) subsidiary, due to the discontinuation of all other segments of the GEM hazardous waste business.…

TuesdayMay 25, 2010 7:03 am

Newport Digital Technology, Inc. (NPDT.OB) Announces Introduction of RFID Products Compliant with Secure RFID Protocol

Newport Digital Technologies, Inc. announced early this morning that they have introduced Secure RFID Protocol compliant reader-writer (RW), inlays, tags, and integrated circuit chips to its N37B RFID product offering. This secure protocol supports data protection and confidentiality of multiple data profiles for business-sensitive data and consumer privacy protection. Hitachi, Ltd., a global technology leader, will provide the Secure RFID Protocol related technology and support the company in developing the product. They will also handle business development and marketing support. The Secure RFID Protocol, developed by Hitachi based on the ISO 18000-6 type C Standard and EPC C1Gen2 Standard, provides…

MondayMay 24, 2010 3:26 pm

Vasomedical Inc. (VASO.OB) Up 80% Following Mention in QualityStocks Newsletter

Vasomedical Inc. closed today's trading at $0.21 a share, up $0.6 or 40% for the day. The upsurge in price has been accompanied by an upsurge in volume as well, with today's traded shares totaling 3.8 million, which is about 18 times the normal daily volume. The company was first covered in QualityStocks Free Daily Newsletter back on April 7, 2009. At the time, the stock was trading for only $0.04 a share. Investors that bought the stock at that time have enjoyed seeing their investment grow by 425%! Vasomedical designs, manufactures, markets and supports EECP(R) external counterpulsation systems based…

MondayMay 24, 2010 1:43 pm

National Automation Services, Inc. (NASV.PK) Increases Industrial and Technical Diversity

National Automation Services Inc., rapidly solidifying its position as a national leader in advanced automation and control systems solutions, is using its growing portfolio of experience and project success to expand its industrial presence. The company’s industrial list continues to grow, with most clients currently in the following industries: water/wastewater, substation automation, motion control, delivery systems, semiconductor, and pharmaceutical industries. The focus and depth of National’s PLC and SCADA programming experience is significant, including both stand-alone and networked SCADA systems. The company has many sites with remote access and dial-out options, such as Web Pages, Software Alarm Dialers, and PC…

MondayMay 24, 2010 12:45 pm

Consorteum Holdings, Inc. (CSRH.OB) Recently Announced Initiative for Streamlined Efficiency

Consorteum Holdings Inc. has extensive expertise within the payments and transaction industry globally. By identifying new technologies and trends in the marketplace, the company aims to increase revenues in existing markets, enter new markets, and deliver unique products and services more effectively and efficiently. The company recently announced its intent to divide the company into the operational divisions it has been creating over the last 12 months. Consorteum will be divided into three main business units: Consorteum Financial Services, MyGolf Rewards and Technology Services. Consorteum Financial Services will focus on new initiatives targeting the traditional payment markets, working with established…

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