Blog - Page 3670 of 5588

TuesdayJul 13, 2010 8:48 pm

Beacon Power (BCON) to Negotiate $2.25M Award from U.S. Department of Energy for Energy Technology Development

The U.S. Department of Energy (DOE) recently chose Beacon Power Corp. to negotiate a $2.25 million award in support of developing a next-generation flywheel energy storage system with the capability to quadruple energy storage for one-eighth of the cost of Beacon's current Smart Energy 25 (Gen 4) flywheel system. The decision was made by the Advanced Research Projects Agency -- Energy (ARPA-E), an agency within DOE that provides research and development capital to fund transformational new energy technologies and systems. "We are extremely pleased to be included among this very select list of cutting-edge energy storage projects funded by ARPA-E,"…

TuesdayJul 13, 2010 1:22 pm

Lyfe Communications, Inc. (LYFE.OB) Picks CenterPoint for Investor and Financial PR

Lyfe Communications, Inc., www.connectedlyfe.com – pioneers in next-gen communications and entertainment infrastructure via the development of a sophisticated, all-IP network services platform which offers a truly integrated Digital TV, ultra high-speed internet and phone service solution for any networked intelligent device, announced it has selected CenterPoint Communications Group to handle its national investor and financial PR. President and CEO of LYFE, Robert Bryson, characterized the selection as being of critical strategic importance, and CenterPoint as being ideally qualified out of many leading organizations to represent the Company’s national investor program. Bryson cited CenterPoint’s team of seasoned professionals as the very…

TuesdayJul 13, 2010 1:15 pm

Universal Detection Technology (UNDT.OB) Unveils Rapid Mold Detector

Universal Detection Technology, www.udetection.com – the developers of revolutionary monitoring and early warning bio-detectors that have applications from bioterrorism to healthcare, announced a new product today designed to rapidly detect the three biggest indoor mold concerns. The device uses concepts from immunochromatographic assays (rapid test, sometimes called a hand-held assay or HHA) to offer high-fidelity rapid detection, and is able to detect specific species and sub-species of Aspergillus and Penicillium, as well as species of Stachybotrys (chlorohalonata, microspora, echinata, chartarum and etc.). These top three serious types of mold are prevalent in buildings that have been flooded and where climate…

TuesdayJul 13, 2010 12:27 pm

CleanTech Innovations, Inc. (EVCPD.OB) Completes $10M Equity Financing

CleanTech Innovations Inc., a clean technology solutions provider for the wind and utilities industries, today announced it has completed a $10 million private placement of equity securities placed with institutional and other accredited investors in a highly oversubscribed offering. According to the press release, the company placed a total of 3,333,333 units priced at $3 per unit, with each unit comprising one share of common stock and a three-year warrant to purchase 0.15 shares of common stock at an exercise price of $3 per share. None of the securities issued in the offering were registered. CleanTech has a total of…

TuesdayJul 13, 2010 12:03 pm

UQM Technologies, Inc. (UQM) Receives Fleet Build Order from International Automobile Company

UQM Technologies Inc. is a developer and manufacturer of power-dense, high-efficiency electric motors, generators and power electronic controllers for the automotive, aerospace, military and industrial markets. A major emphasis of the company is developing products for the alternative energy technologies sector. This includes propulsion systems for electric, hybrid electric, and fuel cell electric vehicles. The company recently announced that it has received an initial order for over fifty PowerPhase electric propulsion systems as part of the fleet build and vehicle development activities of an established international automobile manufacturer. Deliveries under the order are scheduled to occur in the fourth calendar…

TuesdayJul 13, 2010 11:59 am

Daulton Capital Corp. (DUCP.OB) is “One to Watch”

Daulton Capital Corporation is a natural resource finance company that trades on the OTC Bulletin Board. The Company focuses on precious and base metals as well as oil and gas opportunities. Company Management's corporate philosophy is to be a Project Generator. Their goal is option/joint venturing projects with major and junior natural resource companies from inception through to production. Daulton Capital Corporation has their headquarters in Las Vegas, Nevada. The Company has acquired property rights in the Yukon. They continue to focus on acquiring and/or funding additional resource projects. They are working to expand exploration while continuing to seek special…

TuesdayJul 13, 2010 11:56 am

Arrow Financial Corp. (AROW) Reports Higher Net Income for Second Quarter

Arrow Financial Corp. reported net income of $5.7 million, or diluted earnings per share of $0.52, in the second quarter of 2010 ending June 30, 2010. The company earned net income of $4.9 million, or diluted earnings per share of $0.45, in the corresponding quarter of 2009. Arrow Financial Corporation also reported a return on average assets of 1.22% and a return on average equity of 15.38% for the second quarter of 2010. Both these metrics were up substantially on a year over year basis from 2009. Thomas L. Hoy, Chairman, the CEO of Arrow Financial Corporation, said, “We are…

TuesdayJul 13, 2010 11:03 am

Tombstone Exploration Corp. (TMBXF.OB) Adds Important Nevada Holding To Its Portfolio

Tombstone Exploration Corporation Inc., a metals and minerals exploration and mining company controlling one of the biggest mining properties in southern Arizona, recently announced that it had closed a lease agreement for the Eagleville property in Mineral County, Nevada. The property, on the western edge of Nevada, represents a bit of a shift for the company, which has focused on the Tombstone Mining District in southern Arizona. However, it is a mesothermal gold-silver vein system, representing a mid-stage gold-rich prospect, which, together with the company’s other holdings, enhances the opportunity to take advantage of price increases in both gold and…

TuesdayJul 13, 2010 10:33 am

Weis Markets, Inc. (WMK) Reports Second Quarter Earnings Increase

Weis Markets, Inc. reported net income of $20.5 million and earnings per share of $0.76 for the second quarter of 2010 ending 6/26/2010. The company earned net income of $15.2 million, or $0.56 per share, in the same quarter of 2009 Weis Markets, Inc. reported revenues of $653.7 million in the second quarter of 2010. This was a 6% increase from the second quarter of 2009 when the company reported revenues of $615.4 million. The company reported comparable store sales flat with the year earlier period. Weis Markets, Inc. reported that for the six months ending 6/26/2010, the company earned…

TuesdayJul 13, 2010 10:03 am

China MediaExpress Holdings, Inc. (CCME) Revises Its 2010 Net Income Guidance

China MediaExpress Holdings Inc. operates the largest television advertising network on inter-city and airport express buses in China. It generates revenues by selling advertisements on its network of television displays installed on over 22,700 express buses originating in fifteen of China's most prosperous regions. These regions include the cities of Shanghai and Beijing. The company recently announced that based on the latest developments – including its expanded geographic coverage, increased number of inter-city buses and higher margins from the airport express buses platform – it is revising its 2010 net income guidance. The revised guidance calls for 2010 net income…

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