Blog - Page 3716 of 5485

WednesdayMar 03, 2010 2:01 pm

US Service Sector Growth Accelerates in February

The Institute for Supply Management (ISM) reported today that its index measuring service sector activity rose to 53 in February from 50.5 in January. Any level above 50 indicates growth. This number means that growth in the service sector in the United States accelerated at its fastest pace in more than two years. This is definitely positive news, however jobs remained scarce. Improvement in the service sector, which accounts for about 80 percent of US jobs, has been rather slow and bumpy. Continued tight credit and scarcity of jobs in the service sector continue to weigh on consumer sentiment and…

WednesdayMar 03, 2010 1:57 pm

Delta Apparel (DLA) Raises Fiscal 2010 Sales and Earnings Guidance

Delta Apparel Inc., along with its operating subsidiaries – MJ Soffe LLC, To The Game LLC, Art Gun LLC and Junkfood Clothing Company, is an international design, marketing, manufacturing and sourcing company. The company features a diverse portfolio of high quality branded and private-label activewear apparel and headwear. The company sells a variety of casual wear and athletic products through department stores, mid-tier retailers, sporting goods stores, specialty and boutique shops as well as the internet. The company's operations are located throughout the United States, Mexico, Honduras and El Salvador. It employs about 6,000 people worldwide. Delta Apparel announced yesterday…

WednesdayMar 03, 2010 12:15 pm

Endeavour Silver Corp. (EXK) Reports Solid Results from Mexico Operations, Eyes Several Growth Options

Making a profit in the precious metals world relies on many factors. Commodity price, cost of getting the metal out of the ground and who is buying the metal. This last thought may well lead to solid profits in the silver markets. Some might suggest that there is a certain manipulation taking place and that regulators may well put a stop to it. If this does occur, silver prices could float quite a bit higher. This thought is but speculation at this point, but if it were to occur, large profits would not be far behind. Endeavour Silver Corp., a…

WednesdayMar 03, 2010 11:45 am

Reed’s, Inc. (REED) Announces Commencement of Production and Shipment of Its New Ginger-Based Remedy for Nausea and Motion Sickness

Reed’s, Inc., a manufacturer and distributor of top-selling sodas in more than 10,500 natural food markets and supermarkets nationwide, recently announced that the company has begun production and shipment of its new ginger-based remedy for nausea and motion sickness. The company’s new “Reed’s Rx” Natural Ginger Nausea Relief has been shipped to drugstores nationwide in convenient four-packs of 5.5-ounce cans containing a brew of fresh ginger, honey, pineapple juice, and lemon and lime juices. In addition to beginning distribution, Reed’s Inc. has placed its first advertisements for the “Reed’s Rx” product in drugstore trade publications. The company’s products are sold…

WednesdayMar 03, 2010 11:42 am

AH Belo Corp. (AHC) Reports Net Profit in Fourth Quarter of 2009

AH Belo Corp. reported net income of $5.6 million, or $0.27 per share, in the fourth quarter of 2009. This was a marked improvement from the net loss of $33.1 million, or $1.67 per share, in the fourth quarter of 2008. Despite the improvement in net income, revenues in the fourth quarter of 2009 fell on a year-over-year basis to $135.5 million, from $160.0 million in the fourth quarter of 2008. AH Belo Corporation also improved its balance sheet on a year over year basis. The company increased its cash balance to $24.5 million at December 31, 2009, from $9.8…

WednesdayMar 03, 2010 11:40 am

XETA Technologies, Inc. (XETA) Reports Profit and Gain in Revenue

XETA Technologies, Inc. reported net income of $633,000, or $0.06 per diluted share, in the first fiscal quarter of 2010, which ended January 31, 2010. In the same quarter last year, the company earned $2,000, or $0.00 per diluted share. XETA Technologies, Inc. saw a 24% jump in revenue on a year over year basis, from $18.6 million in the first fiscal quarter of 2009, to $23.0 million in this year’s first fiscal quarter. “We announced long-term service contracts with over $7 million in annual revenue last year, and our first quarter's results are indicative of the ramp in these…

WednesdayMar 03, 2010 11:39 am

NutraCea (NTRZ.OB) Names Leo G. Gingras President

Located in Scottsdale, Arizona, NutraCea holds many patents and has become a global leader in production and utilization of stabilized rice bran which allows the young company to create food and nutrition products from a waste by-product. NutreCea has been very successful in a short period of time and one of the major reasons for this is their strong corporate team. Today, NutraCea took a major step towards enhancing their future with the announcement that Leo G. Gingras has been promoted to President. While currently the Company COO, Gringras was promoted to the position of President by NutraCea Board of…

WednesdayMar 03, 2010 10:17 am

WikiLoan, Inc. (WKLI.OB) Hits All-time Record Breaking Volume!

WikiLoan, Inc. (WKLI.OB) has already traded over 1.5 Million shares today - a new all-time record in just the first hour of trading! The stock’s 3-month average daily volume is 431,000 traded shares! In recent news, the company announced that it has signed a definitive 2 year agreement with SDI Distributors NJ, Inc. (SDI) to develop up to 5 million “Wiki” branded phone and cash equivalent cards to be sold through SDI to more than 20,000 retail locations. According to the press release, the agreement could generate as much as $20 million in revenue over the next two years. For…

WednesdayMar 03, 2010 10:05 am

CitySide Tickets, Inc. (CIST.PK) Receives Coverage from Independent Research Firm Murphy Analytics

Murphy Analytics announced today that it has initiated coverage on CitySide Tickets, Inc. The Initiation Report provides a discussion on the company's business model, market dynamics, industry competitors, macroeconomic data and indicators, financial results and risks. The complete report is available at http://www.murphyanalytics.com/uploads/CIST_Initiation. Analyst Patrick J. Murphy, CFA noted the following in the report, "Although the recently completed Live Nation / TicketMaster merger creates significant market concentration, it also serves to illustrate the magnitude of the opportunity in the ticket market. CitySide Tickets, Inc. (CIST.PK) seeks to capitalize on this opportunity through organic growth as well as through acquisition.” “As…

WednesdayMar 03, 2010 9:58 am

Enertopia Corp. (GLCP.OB) Acquires Ownership in Eco-Friendly Water Purification Company

Enertopia Corp. was very pleased to announce today that it has signed a definitive agreement with Global Solar Water Power Systems Inc. As terms of the agreement, the company can now acquire up to a 20% equitable ownership interest in GSWPS in exchange for cash payments of up to $400,000 and the issuance of 1,000,000 shares of common stock. According to the press release, the company has issued 500,000 restricted shares and $40,500 in cash payments to fulfill its initial payment requirements. As of February 28, 2010, Enertopia has closed on and now owns 5.62% of the water purification company.…

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