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WednesdayOct 06, 2010 9:37 am

China Shuangji Cement’s (CSGJ.OB) New Zhaoyuan City Plant Ramps Up Production

China Shuangji Cement Ltd. is a leading producer of high-quality Portland cement in Shangdong and Hainan Provinces in China. The company reported today that it will begin rapidly growing sales and profits as its new Zhaoyuan City cement plant ramps up production. As announced previously, China Shuangji expects that this new state-of-the-art cement plant will be operational by the end of the first week of October. This new cement plant has a 1 million metric ton capacity with direct access to a new highway that leads to many of China Shuangji's customers as well as to nearby ports. The company…

WednesdayOct 06, 2010 9:32 am

OriginOil, Inc. (OOIL.OB) Joins Forces with Major Bio-Capture Player

OriginOil Inc. is a company that has captured the attention of investors. Located in Los Angeles, California, OriginOil has developed a breakthrough technology that has the potential to transform algae into a true competitor to petroleum. Today, OriginOil took a major step towards prominence by announcing a strategic partnership with MBD Energy Limited. MBD Energy Limited will be OriginOil’s first customer and is regarded as an international leader in the use of captured flue-gases as feedstock to produce algal biomass. Earlier this year MBD became a customer of OriginOil for a research-scale system which proved highly successful. Based on that…

WednesdayOct 06, 2010 9:29 am

National Penn Bancshares, Inc. (NPBC) Receives Capital from Private Equity Firm

National Penn Bancshares, Inc. reported that the company has signed an agreement with a private equity firm to invest $150 million in the bank. National Penn Bancshares, Inc. will issue 24.8 million shares of common stock at $6.05 per share to Warburg Pincus. The agreed upon price was based on the average closing price of the stock for the previous thirty days. Warburg Pincus will make an initial payment of $63.3 million within ten days, and then make the balance of the investment after the parties receive regulatory approval from the government. This approval is expected before the end of…

WednesdayOct 06, 2010 9:23 am

Helen of Troy Ltd. (HELE) Reports Strong Increases in Q2 Sales and Net Income

Helen of Troy Ltd. reported large year over year increases in sales and net income for the second quarter ending 8/31/2010. The company said that it saw strength in both the Housewares and Personal Care segments. Helen of Troy Ltd. reported sales of $174.8 million in the second quarter, an 8% increase from the $162.2 million reported in the same quarter last year. Helen of Troy Limited reported net income of $23.4 million, or $0.75 per diluted share, in the second quarter. The company earned net income of $15.9 million, or $0.51 per diluted share, in the corresponding quarter last…

WednesdayOct 06, 2010 9:21 am

Regal Group, Inc. (RGLG.OB) Subsidiary Enters Retail Market

UHF Logistics, a subsidiary of Regal Group, Inc., announced on yesterday that its operating subsidiary Shenzen Rui Pu Da Electronic Technology Company Ltd. has entered into a strategic agreement with ZTE Chang Tian Information Technology Ltd., a subsidiary of Zhong Xing Telecommunications Equipment Company Limited. ZTE is China's largest listed telecommunications and wireless solutions provider. As terms of the agreement, Shenzen Rui Pu Da will become ZTE's exclusive provider of RFID solutions in the Chinese clothing industry. ZTE will jointly develop RFID applications with Rui Pu Da that will improve retail operations by enabling enhancements such as real-time inventory tracking…

WednesdayOct 06, 2010 8:59 am

TurkPower Corp. (GBIK.OB) Provides Update on 1320 MW Coal Power Plant in Turkey

TurkPower Corp., a Turkish-American consulting and service operations firm focused on the Turkish energy market, had entered into an exclusive agreement with Enerpro International SA back in November of 2009 and today updated investors on the status of the project. The two companies entered into the agreement to participate in Enerpro's arrangement with Horizon Enerji Dagitim ve Elektrik Uretim A.S. ("Horizon") to consult Horizon in the development, construction and financing of its 1320MW capacity Coal Power Plant (Thermal Power Plant "TPP") project in the Ceyhan area of Turkey. Current news states that Horizon now holds all necessary licenses to construct…

WednesdayOct 06, 2010 8:56 am

InSight Health Services Holdings Corp. (ISGT.OB) Signs Definitive Agreement to Sell Six Imaging Centers

InSight Health Services Holdings Corp. announced yesterday that they signed a definitive agreement to sell six imaging centers in El Paso, Texas, and Las Cruces, New Mexico, as well as one imaging center in California. Insight Imaging expects to complete this transaction in October, with completion of the transaction subject to customary closing conditions. Kip Hallman, President and CEO of Insight Imaging, said, “This transaction is consistent with our strategy of focusing our resources on markets where we can build local networks of imaging centers to better meet the needs of our referring physicians, patients and payers.” Headquartered in Lake…

WednesdayOct 06, 2010 8:19 am

QualityStocks Wants To Be Your Friend!

Did you know QualityStocks is also on FaceBook? We regularly post interesting news articles and information on companies of interest. To check it out, click the following link: http://www.facebook.com/quality.stocks Everyone is welcome to post on our “Wall” as well as comment on our posts. We have also uploaded avatars of our team and posted exciting upcoming events. If you’re a fan of the content we produce each day, be sure to sign up as one of our FaceBook fans! Let us hear your thoughts below:

WednesdayOct 06, 2010 7:10 am

IDO Security, Inc. (IDOI.OB) Announces Success of Exhibitions in Spain and the UK; Receives Initial Orders

IDO Security, Inc., developer of the innovative MagShoe(TM) "shoes-on" weapons metal detection system, announced this morning that it has received initial orders for the new MagShoe(TM) 3G following marketing presentation made to local partners in various countries and two international security exhibitions: SICUR in Madrid Spain (March 2010) and Counter Terror in London UK (April 2010). The orders were placed by agents in Brazil, China, UK and Ireland. "These initial orders are a good indication of the serious interest shown in these countries," stated Dani Werber, International Marketing Manager for IDO Security. "Our agents and distributors are going to be…

TuesdayOct 05, 2010 1:59 pm

B/E Aerospace (BEAV) to Acquire TSI Group to Saturate Aerospace Industry

B/E Aerospace, a global leading manufacturer of aircraft cabin interior products and the world's leading distributor of aerospace fasteners and consumables, recently announced it has inked an acquisition agreement with the shareholders of TSI Group Inc., a leading designer, engineer and manufacturer of thermal management and interconnect solutions for the aerospace and defense industries. Thermal management technology was initially designed and required for the development of power management on military sub-systems for various aircrafts, ground systems, and an array of electrical and computing uses – the technology is now more focuses on the commercial aerospace market. Amin J. Khoury, chairman…

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