Blog - Page 3651 of 5550

WednesdayJun 23, 2010 12:35 pm

Universal Security Instruments, Inc. (UUU) Reports Fiscal 2010 Earnings

Universal Security Instruments, Inc. reported net income of $468,223, or $0.20 per diluted share, in the fourth quarter of fiscal 2010, which ended 3/31/2010. The company earned net income of only $78,150, or $0.03 per diluted share, in the corresponding quarter in 2009. Universal Security Instruments, Inc. reported net income of $2.2 million, or $0.95 per diluted share, in fiscal 2010. The company earned net income of $4.8 million, or $1.96 per diluted share, in fiscal 2009. Universal Security Instruments, Inc. said that net income in fiscal 2009 was artificially boosted by a one-time gain from discontinued operations of $3.4…

WednesdayJun 23, 2010 12:33 pm

Niska Gas Storage Partners LLC (NKA) Reports Fiscal 2010 Earnings

Niska Gas Storage Partners LLC reported net income of $50.0 million in the fourth quarter of fiscal 2010, which ended 3/31/2010. The company earned $8.0 million in the same quarter of 2009. Full year fiscal 2010 net income was reported by the company at $53.2 million, compared to $108.8 million in fiscal 2009. Niska Gas Storage Partners LLC said that the sharp drop in earnings in fiscal 2010 was due to a one time deferred tax charge of $45.1 million related to a Canadian tax issue. Niska Gas Storage Partners LLC reported sales of $270.5 million in fiscal 2010, compared…

WednesdayJun 23, 2010 12:32 pm

Iridium Communications, Inc. (IRDM) Expands Into South Africa

Iridium Communications Inc., www.iridium.com – the global mobile satellite service (MSS) leader offering planet-wide coverage via its constellation of low-earth orbiting (LEO) cross-linked satellites, announced yesterday the launch of Iridium South Africa, whereby the Company will execute licenses obtained to operate, provide and sell MSS throughout the country. Obtained from South Africa’s communication and broadcasting service regulator, the Independent Communications Authority of South Africa (ICASA), this authorization streamlines IRDM partners’ ability to provide the burgeoning public and private markets with highly in-demand IRDM products, applications and services. CEO of IRDM, Matt Desch, noted the ever-increasing commercial service revenues the Company…

WednesdayJun 23, 2010 12:29 pm

UV Flu Technologies, Inc. (UVFT.OB) Expands Sales Force to Ramp Up Demand for its New UV-400 Bacterial Air Purifier

UV Flu Technologies, Inc., www.uvflutech.com – the developer and manufacturer of biotech products (initially targeting indoor air-quality markets), announced today expansion of its sales force by 400%, to a current total of 120, in conjunction with the recent debut of the Company’s latest generation ViraTech™ UV-400 air purification systems aimed at residential markets. With this massive expansion of personnel, the Company is now able to fully exploit its ever-growing network of distribution channels in an effort to obtain greater penetration into specific sectors; UVFT broke the initial performance by sector data down thusly: • Medical 55% • Sports/Leisure 15% •…

WednesdayJun 23, 2010 9:56 am

NetSol Technologies, Inc. (NTWK) Re-Engineering Healthcare Information Processing

NetSol Technologies Inc., a worldwide provider of automated and IT enabled enterprise software solutions, and recognized SAP Services Partner, has become a major player in re-engineering the information processing side of the healthcare industry. Healthcare is an industry undergoing major changes and rapid growth, and is in urgent need of automation. Effective software solutions must incorporate a vast array of governmental and industrial rules, while offering an extraordinarily efficient engine for identifying and controlling costs, in addition to allowing easy scaling and functional growth. NetSol works closely with the industry, providing automated, secure, and integrated solutions for the clinical, financial,…

WednesdayJun 23, 2010 8:06 am

Evergreen Energy, Inc. (EEE) Video Chart for Wednesday, June 23, 2010

EEE appears to be trying to find a bottom. Support is being established at $.12 and it looks like the stock wants to try and make a run at the resistance in front of it. Please click the following link: http://www.qualitystocks.net/videocharts.php?chartvid_id=424 Let us hear your thoughts below:

WednesdayJun 23, 2010 8:02 am

DDI Industry International Signs Agreement to Proceed with Phase II of the Magnegas Corp. (MNGA.OB) China Initiative

MagneGas Corporation announced yesterday that Beijing-based DDI Industry International (DDI) has signed an agreement to proceed with Phase II of the MagneGas China initiative. DDI will acquire the exclusive MagneGas™ Technology and manufacturing rights for the Greater China market, under the terms of the Phase II agreement. DDI will directly invest $2.0 MM in MagneGas in two installments, and will grant to MagneGas 20 percent ownership in a new China-based Joint Venture, as compensation. This will give MagneGas and their investors a significant and perpetual share of China market operations. DDI has pledged $1.0 MM by June 30, 2010 and…

WednesdayJun 23, 2010 8:00 am

Pro-Pharmaceuticals, Inc. (PRWP.OB) Receives First Order for DAVANAT® from Leading Pharmaceutical Company in Columbia, South America

Pro-Pharmaceuticals, Inc., a leader in the field of Galectin therapeutics engaged in the discovery, development and commercialization of therapeutics that target Galectin receptors for advanced treatment of cancer and fibrosis, recently announced that the company has received its first purchase order for DAVANAT® from PROCAPS S.A., a large, international pharmaceutical company based in Barranquilla, Colombia. Earlier this year, Pro-Pharmaceuticals granted PROCAPS exclusive rights to market and sell DAVANAT® to treat cancer in Colombia, South America. Under the terms of the agreement, PROCAPS is managing the approval process for DAVANAT® in Colombia. Pro-Pharmaceuticals received a purchase order for $200,000 from PROCAPS,…

WednesdayJun 23, 2010 7:09 am

VizStar, Inc. (VIZS.OB) Acquires 5 Star Jets; Adds $2 Million in Annual Revenues

VizStar, Inc., an upscale air charter transportation broker, announced after the close yesterday that the company has completed the acquisition of 5 Star Jets. The Westchester-based private jet charter company has over two decades experience in the private aviation and services industry via its principal, William Culpepper. With last year's revenues exceeding $2 million, 5 Star Jets brings immediate profitability and an ever-increasing strength to VizStar. The integration of the two companies have proven to be seamless due to similarities in business structure and pre-existing business relationships. VizStar President and CEO Gary Clyburn Jr. commented, "We are already starting to…

TuesdayJun 22, 2010 2:24 pm

Arabian American Development Co. (ARSD) Finds Haven with Smart Financial Management

Whether the typical investor likes it or not there are many ways to use the financial system. Governments can regulate all they wants but there will always be methods that will ring out every last penny of profit from any particular sector or segment. How a company goes about it, within the bounds of those regulations, is the key. Get the process right and a profit can be made. Get it wrong and go directly to jail without passing go. The point being that there are many legal ways to go about the process as have been practiced for centuries.…

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