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TuesdayMay 04, 2010 9:53 am

Tombstone Exploration Corp. (TMBXF.OB) Reports Drilling Progress; Announces Further Exploration Plans

Today before the opening bell, Tombstone Exploration Corp. announced that it has made noteworthy progress with the current drilling program at its property at Tombstone, Arizona. As of last report, 2,375 feet of drilling has been completed, with the drilling on the State of Maine still to be completed. Follow-up work on other targets at the company's property has indicated that porphyry copper deposits could be found. Previous drilling in the area indicates that porphyry systems exist and that there could be multiple targets in the district. Because Tombstone holds extensive land in the area, totaling about 11,500 acres, there…

TuesdayMay 04, 2010 9:24 am

German American Bancorp, Inc. (GABC) 1st Quarter Earnings Increase

Yesterday, German American Bancorp, Inc. reported 1st Quarter net income of $3,251,000, or $0.29 per share, compared to $2,942,000, or $0.27 per share, earned during the 1st Quarter of 2009. This represents an 11 percent increase. This year's first quarter 2010 performance was the highest level of first quarter earnings in German American Bancorp, Inc.'s history. The driving force behind this performance was a 9 percent increase in the Company's net interest income and an 8 percent increase in non-interest income over last year's first quarter results. Mark A. Schroeder, Chairman & CEO of German American Bancorp, Inc., stated, "We…

TuesdayMay 04, 2010 9:22 am

ATF Purchases Equipment from Universal Detection Technology (UNDT.OB)

Yesterday, Universal Detection Technology, a company specializing in protective technologies against bioterrorism and other infectious health threats, reported that it has received a purchase order from the Bureau of Alcohol, Tobacco, Firearms and Explosives (ATF) for its bioterrorism detection equipment. The purchase order includes orders for UNDT's 5-agent detection kits in addition to instructional training equipment for agents in the proper use of the equipment. ATF, a unique law enforcement agency in the United States, protects communities from violent criminals, criminal organizations, the illegal use and trafficking of firearms, the illegal use and storage of explosives, acts of arson and…

TuesdayMay 04, 2010 9:19 am

MacroSolve, Inc. (MCVE.OB) Launches iPhone App for Public School

MacroSolve, Inc. issued a press release today to announce that they have launched a mobile app to serve the needs of public schools. Edison Preparatory School in Tulsa, Oklahoma is believed to be the first public school in the United States to now have its own branded mobile application. MacroSolve, an industry leader for providing mobile business applications, developed the app and it is distributed by Waller and Company Public Relations of Tulsa. The application will initially be available through the iPhone app store on May 4th with access through other mobile device, such as the Blackberry, being slowly phased…

TuesdayMay 04, 2010 9:15 am

Vena Resources Inc. (VEM.TO) (VNARF.PK) Teams with Trafigura to Support Azulcocha Mine Efforts

Vena Resources Inc., a leading Canadian mining company focused on Peru, yesterday announced an agreement with privately held international commodity trader Trafigura Beheer B.V. to put the Azulcocha Zinc Mine in production. Per the agreement, Trafigura will invest US$5 million to acquire a 30% stake in a Peruvian subsidiary of Vena, to be formed, valued at US$17 million. Today’s announcement regarding the Azulcocha project correlates with Vena's plans to fully finance an initial 1,000 tpd mining operation. "We believe that together with Trafigura we can substantially increase the amount of known resources/reserves in a short term. It is important to…

TuesdayMay 04, 2010 9:11 am

Nortel Networks Corp. (NRTLQ.PK) Breaks New Ground with Business Collaboration Application

In a short period of time, Nortel has evolved into a recognized leader in the Carrier VoIP space, having shipped more than 123 million Carrier VoIP and Multimedia ports, including over 11 million SIP lines, to leading wireline and wireless carriers globally. Today, Nortel took a major step towards enhancing their future announcing that they added a new web-based UC collaboration application to its industry-leading Hosted IP Communications Solution. The new application was unveiled at the ITPX event in Las Vegas (booth #209) and will enable service providers to increase subscriber productivity and generate incremental revenues by allowing users to…

TuesdayMay 04, 2010 8:29 am

KAT Exploration Inc. (KATX.PK) Video Chart for Tuesday, May 4, 2010

Yesterday KATX started a push and looks as if it is now going to make a run at resistance and attempt to make a new all-time high. Please click the following link: http://www.qualitystocks.net/videocharts.php?chartvid_id=389 Let us hear your thoughts below:

MondayMay 03, 2010 2:23 pm

National Investment Managers (NIVM.OB) Posts FY 2009 Financials

National Investment Managers Inc., a nationally based and regionally operated retirement plan administration and investment management company, today posted its 2009 revenue and earnings. The company reported full-year revenues of $48.1 million in 2009, up 15.5 percent compared to revenues of $41.7 million for 2008; full year EBITDA SBC was $9.1 million, up 14 percent compared with EBITDA SBC of $8.0 million in the same period in 2008; net operating income for 2009 was reported at $1.4 million compared to approximately $62,000 for the full year 2008. The company reported a net loss for the year ended December 31, 2009,…

MondayMay 03, 2010 1:59 pm

Pope Resources (POPE) Reports Higher Net Income in First Quarter of 2010

Pope Resources reported net income of $0.45 million, or $0.10 per diluted unit, in the first quarter of 2010, compared to a net loss of $0.12 million, or $0.03 per diluted unit, in the same quarter of 2009. The management of Pope Resources indicated that the domestic housing market was still weak, but that domestic and export markets for logs were seeing some strength in orders. David L. Nunes, the CEO of Pope Resources, said, “Despite continued weak domestic housing starts, we were encouraged by improving market dynamics in both domestic and export log markets.” Pope said that the company…

MondayMay 03, 2010 1:55 pm

Vanguard Natural Resources, LLC (VNR) Reports Higher Net Income for First Quarter of 2010

Vanguard Natural Resources, LLC reported net income of $21.7 million, or $1.15 per basic unit, in the first quarter of 2010. The company reported a loss of $50.0 million, or $3.98 per basic unit, in the same quarter of 2009. Vanguard Natural Resources, LLC reported average production of 26.06 million cubic feet equivalent per day in the first quarter of 2010, an increase of 46% from the average of 17.82 million cubic feet equivalent per day in the first quarter of 2009. The company said that increase in production on a year over year basis was due mainly to an…

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