Blog - Page 3724 of 5485

WednesdayFeb 24, 2010 1:21 pm

Record-Low Interest Rates Still Needed for Recovery

The stock market is higher after testimony by Federal Reserve chairman Ben Bernanke before Congress. In his testimony, Mr. Bernanke stated that record-low interest rates are still needed to ensure that the US economic recovery will last. Mr. Bernanke struck a confident tone that the economic recovery will endure but he also sought to damp down expectations about a vigorous recovery. The numbers seem to bear out Mr. Bernanke's caution. Yesterday, the Conference Board reported that its Consumer Confidence Index fell almost 11 points to 46 in February, its lowest level since April 2009. At 46, the index is a…

WednesdayFeb 24, 2010 11:38 am

Li3 Energy, Inc. (LIEG.OB) Expands Lithium Resource Portfolio with Peruvian Acquisition

Li3 Energy, Inc., a plucky young US company pushing the limits of lithium acquisition and energy production technology, announced today that it has acquired several lithium and potassium assets in Peru as a result of the execution of a definitive agreement. The total acquisition consists of 9 claims, comprising 19.5k acres, located in Puno (Loriscota Project), Tacna (Suches Project) and Moquegua (Vizcachas Project) Provinces, at an average elevation of 14k feet above sea level. The Projects are in an area previously studied in 1981 by the Peruvian Mining Ministry, whose survey indicated high concentrations of both lithium and potassium, with…

WednesdayFeb 24, 2010 11:30 am

Unilava Corp. (UNLA.OB) Launches 3G Broadband USB Laptop Stick

Unilava Corp., a full-spectrum communications and advertising company, announced today the availability of a new product, the Broadband Bullet, which has been pre-sold via the Company’s existing sales and distribution infrastructure. The Broadband Bullet is a powerful, easy-to-use new USB device which offers 8GB storage, like an ordinary flash drive, but also allows customers wireless broadband access via 3G and 3G+ high-speed data network standards (based on the High Speed Packet Access protocol, or HSPA/HSPA+). With 7.2Mbps (3G) and 12Mbps (3G+) connectivity, the Broadband Bullet is an outstanding solution for mobile Internet, allowing customers on the go to simply plug…

WednesdayFeb 24, 2010 11:27 am

National Automation Services, Inc. (NASV.PK) Continues To Expand Diverse Customer Base

These uncertain days, when entire industries face collapse, National Automation Services Inc. enjoys the security of one of the most varied of all customer lists. From municipal water control, to consumer foods, airlines, retailing, large and small manufacturing, mining, hotels, and more, there are few industries that don’t need something that NAS offers. The NAS customer list includes Coca Cola, Pepsi Cola, Safeway, Watson Pharmaceuticals, Motorola Semiconductor, Weyerhauser, Mirage Hotel & Casino, Alaska Marine Highway System, Better Built Aluminum, Chevron, a wide range of municipal water districts, and many more. Below is a very small sample describing in more detail…

WednesdayFeb 24, 2010 11:22 am

Newport Digital Technologies, Inc. (NPDT.OB) Participating in a $500 Million Program for Schools and Public Areas

Newport Digital Technologies Inc. announced several weeks ago that it had signed a letter of intent with the Orange County, California Department of Education. This agreement will give the company the opportunity to participate in a $500 million state and federal grant program earmarked for schools and public areas that do not have wireless connectivity by the second quarter of 2010. The company launched the installation of a Worldwide Interoperability for Microwave Access (WiMax) base station and long-range subscriber station designed to demonstrate WiMax long-range broadband internet connectivity between Newport's corporate offices in Newport Beach, California and the Orange County…

WednesdayFeb 24, 2010 10:59 am

Deer Consumer Products, Inc. (DEER) Announces Sales Expansion in Chinese Domestic Wal-Mart Stores

Deer Consumer Products, Inc., a leading designer and OEM/ODM manufacturer of home and kitchen electronics, recently announced that the company has expanded its global sales efforts to include the Chinese domestic markets. “Deer” branded kitchen electronic products will be immediately available at local Chinese Wal-Mart stores located in the Guangdong province, China’s most economically developed region. With a 15-year operating history, Deer Consumer Products holds more than 103 patents, trademarks and copyrights and has experienced rapid sales and earnings growth in recent years. The company’s product lines include blenders, juicers, soy milk makers and other home-convenience appliances. Deer Consumer Products…

WednesdayFeb 24, 2010 10:46 am

Nickel, Gold and Uranium Mining Stocks May Offer Longer-term Opportunity

As an investor goes about looking for a small cap mining company, they may want to consider a company that is exploring for an operation in certain parts of the world. To start with a slightly more obscure base metal, one might consider Nickel. This base metal is perhaps one of the more rare base metals found in only a few places around the world. Canada holds the largest such site located in the eastern portion of the country where a meteor is thought to have hit the earth. This is not the only site but a solid place to…

WednesdayFeb 24, 2010 10:13 am

Universal Detection Technology (UNDT.OB) to Market Anthrax Detection Equipment

Regardless of what’s going on in our economy, one thing investors observe with the upmost importance is safety to our country and protection across the globe. Universal Detection Technology is taking this pledge of safety to another level. Universal Detection Technology has gained a stellar global reputation as a developer of monitoring technologies such as bioterrorism detection devices. Today, the company took a major step towards enhancing its future with the announcement that it will be working with the U.S. Department of Commerce to market anthrax detection equipment which will combat bioterrorism in Australia. UNDT will be listed as a…

WednesdayFeb 24, 2010 9:06 am

eDoorways Corp. (EDWY.PK) Signs Deal to Bring 20 Million Online Users to Platform

eDoorways Corp. announced today that it has signed an Agreement with Ibero American Science and Technology Education Consortium (ISTEC) to gain access to approximately 20 million online users as well as other strategic introductions globally. "This deal truly gives eDoorways immediate access to online users in a big way," stated Mr. Gary Kimmons, Chairman & CEO of the eDoorways Corporation. "With this relationship, we expect to significantly increase our visibility as we gain an international user base as well as see our initial revenues in the second quarter become dramatically greater than anticipated. With the high expectation for our PowerKeys,…

TuesdayFeb 23, 2010 3:56 pm

Fremont Michigan InsuraCorp, Inc. (FMMH.OB) Reports Profit In 2009

Fremont Michigan InsuraCorp, Inc. reported net income of $1.9 million, or $1.07 per share, in the fourth quarter of 2009. The company earned only $0.23 million, or $0.13 per diluted share, in the same quarter in 2008. Fremont Michigan InsuraCorp, Inc. earned $4.2 million, or $2.38 per diluted share, for the full year 2009, compared to $3.77 million, or $2.08 per diluted share, in 2008. Revenues were $56.9 million in 2009, up 13.4% from a year earlier. "We are pleased with our growth in 2009, especially in a year characterized by significant economic challenges in the insurance industry and in…

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