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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…

TuesdayJul 13, 2010 8:44 am

Upbeat Earnings Poise Stocks for More Gains

While investors have endured a great deal of adversity the last two years, there have been some signs that the economy could turn around. Two companies that are fighting to lead the stock market and investors back to prominence are Alcoa and CSX Corp. Alcoa, the aluminum maker, and CSX Corp., the railroad operator, showed better-than-expected profits to kick off earnings season which sent stock futures higher. This comes on the eve of a five-day winning streak for the market and may be a sign of things to build upon. Alcoa’s performance is critical to the market as a whole…

TuesdayJul 13, 2010 8:22 am

A5 Laboratories Inc. (AFLB.OB) Completes Acquisition of Contract Research (CRO) and Interferon Production Technology

Yesterday, A5 Laboratories Inc. announced that they completed the acquisition of the Contract Research (CRO) and Interferon production technology previously announced on May 7, 2010 from Vida Pharma, based in Montreal, Canada. A5 Laboratories plans to secure immediately the intellectual property related to the interferon production technology. They also are working to complete their plans for pilot scale production and commercialization of interferon products for human and veterinary applications. Dr. Richard Azani, President and CEO of A5 Laboratories Inc. said, "We are very pleased to complete the acquisition of the CRO and Interferon production technology assets. We now have at…

TuesdayJul 13, 2010 7:14 am

VizStar, Inc. (VIZS.OB) Announces New Office Strategically Located in Los Angeles, California

VizStar, Inc., an upscale aviation charter transportation broker, announced this morning that the company has opened a new office in Los Angeles, CA. Strategically located near Beverly Hills, it is expected that the office will further expand Celestial Jet's existing business by capitalizing on the massive amount of private air travel conducted in the region. According to the press release, the new office has been operational and fully functioning since June 21st, 2010 and is capable of offering the company's unparalleled service with as little as 4 hours lead time to the Los Angeles and surrounding areas. The new business…

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