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WednesdayApr 28, 2010 1:48 pm

Georgia-Carolina Bancshares, Inc. (GECR.OB) Reports Higher First Quarter Net Income

Georgia-Carolina Bancshares, Inc. reported net income of $838,000 or $0.24 per diluted share, in the first quarter of 2010. The company earned $395,000 or $0.11 per share, in the same quarter of 2009. Management at Georgia-Carolina Bancshares, Inc. attributed the stronger performance to higher net interest income, which had been hurt in the first quarter of 2009 by the rapid reduction in interest rates by the Federal Reserve. Remer Y. Brinson III, the CEO of Georgia-Carolina Bancshares, Inc. said, “We are pleased to report a substantial increase in our net income for the first quarter of 2010 when compared to…

WednesdayApr 28, 2010 1:47 pm

American HomePatient (AHOM.OB) Inks Agreement to Move toward Possible Private Holding and Reincorporation

American HomePatient Inc., one of the nation’s largest home health care providers, has secured an agreement with its senior debt holders and its largest stockholder, an investment fund managed by Highland Capital Management, to move toward private holding, followed by restructuring of American HomePatient’s senior debt. Per the agreement, the company will seek shareholder approval to reincorporate in Nevada and commence a tender offer to acquire all outstanding shares of stock not held by Highland managed accounts for $0.67 per share. Upon completion of this transaction, American HomePatient stock will no longer be publicly traded. “We are pleased to have…

WednesdayApr 28, 2010 1:00 pm

Have You Seen Our Message Boards Lately?

Last month QualityStocks introduced a complete overhaul of its stock community forum. Members now have more control over customization as well as many new features available to them. Searching has also been optimized, allowing users to quickly search the message board community for posts related to a certain stock symbol or other keyword. The message board community at QualityStocks is one of the most highly regulated, no-nonsense forums online today; an uncommon haven of highly relevant, SPAM-free investor interaction. Unlike the majority of boards currently in operation, you won’t find pumping, bashing, advertising, or malicious posting of any kind here.…

WednesdayApr 28, 2010 12:47 pm

American Petro-Hunter, Inc. (AAPH.OB) Set to Become 1k BOE Producer with Recent Acquisition of Working Interest in Oklahoma Prospect

American Petro-Hunter, Inc., with current production at two sites in Kansas (Poston Project in Trego County, and Rooney Project in Ford County) – and the tenacity of a mole with a nose for oil – has its sights squarely focused on closing the gap within a year to becoming a 1000 barrels of oil equivalent (BOE) producer, and toward this end has announced today further sector penetration with the acquisition of a 25% working interest in an Oklahoma-based prospect (“the Prospect”). In exchange for 25% working interest and an 80% net revenue interest in the Prospect, AAPH has advanced $52,125…

WednesdayApr 28, 2010 12:43 pm

IceWEB, Inc. (IWEB.OB) Integrator Partnership with Google (GOOG) Produces Turnkey Enterprise Visualization Appliance to be Distributed by Google Earth Enterprise™

IceWEB™, Inc., 16-year veteran developer of affordable/high-performance data storage, network and cloud storage systems, is a unified storage architecture provider who revealed today that it entered into a partnership with the preeminent organizer of the world’s information, Google. The powerful and unprecedented Google Earth has quickly become a cultural staple, and the technology upon which its functions are based have become an indispensible part of the way people from the government to private sector, as well as everyday users, consume Geographic Information Systems (GIS). Google Earth Enterprise solutions have revolutionized the way we use and even think about maps. This…

WednesdayApr 28, 2010 12:30 pm

Innovative Designs, Inc. (IVDN.OB) Completes Insultex House-Wrap Testing

Innovative Designs Inc. manufactures apparel and other products using Insultex. Insultex is the thinnest, lightest and warmest insulator in the market today. The company announced today that it has completed the testing phase for its Insultex House-Wrap. The testing was conducted by two facilities – BRC Laboratory and Intertek Testing Services. One important test measured the R-value. The R-value is a measure of thermal resistance used in the building and construction industry. It is the ratio of the temperature difference across an insulator and the heat flux through it. The R-value testing, conducted by BRC Laboratory, resulted in an R-value…

WednesdayApr 28, 2010 12:20 pm

CHDT Corporation (CHDO.OB) Subsidiary Introduces e Lite to Enhance eReader

Located in Deerfield Beach, Florida, Capstone is a wholly owned subsidiary of the CHDT Corporation which is engaged in the development, manufacturing, logistics, and distribution of consumer products to retailers and wholesalers throughout North America. Today, Capstone took a major step towards enhancing its future with the development of a new item called the eReader e Lite. The e Lite was created for the many eReaders on the market today that do not provide sufficient lighting. The need for the e Lite was evident after the success of the eReader which sold an estimated 3,750,000 units in 2009 and is…

WednesdayApr 28, 2010 12:12 pm

Cirrus Logic, Inc. (CRUS) Reports Annual Revenue Growth of 27 Percent

Cirrus Logic Inc. is a leader in high-precision analog and digital signal processing components for a broad range of customers. The company yesterday announced financial results for the fourth quarter and fiscal year of 2010, which ended March 27, 2010. Revenue for the quarter was $62.6 million, up 87 percent compared to the same period last year. Revenue for fiscal year 2010 totaled $221 million, a 27 percent increase compared to $174.6 million in fiscal year 2009. Gross margin for fiscal year 2010 was 54 percent compared to 56 percent in fiscal year 2009 and for the recent fourth quarter.…

WednesdayApr 28, 2010 12:10 pm

Polymet Mining Corp. (PLM) Anticipates Operational Construction and Environmental Permits Sooner Rather than Later

In the past, Polymet Ming Corp. has been highlighted as a long-term prospect as it moved through a difficult state permitting process. Today, as European bonds and certain countries cope with financial issues, commodity metals have shown themselves as a possible hedge. For Polymet Mining, this and other issues could not be more fortuitous as the state permitting process begins to come to a close and operational status looms. With this in mind, a quick update is due. Polymet Mining Corp., a development stage precious metals mining company, works to discover, develop and market precious metals. The company is currently…

WednesdayApr 28, 2010 12:00 pm

Barrett Business Services, Inc. (BBSI) Reports Higher Revenues in First Quarter of 2010

Barrett Business Services, Inc. reported a net loss in the first quarter of 2010 of $1.7 million, or $0.16 per diluted share. The company lost $3.2 million, or $0.30 per share, in the same quarter last year. Barrett Business Services, Inc. said that net revenues increased on a year over year basis, from $51.1 million in the first quarter of 2009 to $58.3 million in the quarter that just ended. Barrett Business Services, Inc. said that gross revenues, which exclude any contribution from the Professional Employer Organization segment, were $262.5 million, up from $227.8 million in the same quarter in…

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