Blog - Page 3773 of 5585

FridayApr 09, 2010 8:32 am

Mitcham Industries, Inc. (MIND) Reports Increase in Net Income and Revenues

Mitcham Industries, Inc. reported net income of $584,000, or $0.06 per diluted share, in the fourth quarter of fiscal 2010. In the same quarter of fiscal 2009, the company earned $421,000, or $0.04 per diluted share. Revenues also increased, to $17.4 million in the fourth quarter of fiscal 2010 from $16.2 million in last year’s fourth fiscal quarter. The company attributed the increase in sales to strong results at the Seamap segment and higher demand for lease pool equipment. Bill Mitcham, the CEO of Mitcham Industries, Inc., said, “Despite the challenging operating environment, we are pleased to report another profitable…

FridayApr 09, 2010 8:27 am

Core Molding Technologies, Inc. (CMT) Reports Lower Net Income and Revenues

Core Molding Technologies, Inc. reported net income of $1.02 million, or $0.15 per diluted share, in 2009. This was a sharp drop from the net income of $5.6 million, or $0.81 per diluted share, reported in 2008. Revenues also fell precipitously on a year over year basis, to $82.3 million in 2009 from $116.6 million in 2008. The company blamed the decline in revenues and net income on the economic recession and its effect on the North American heavy and medium duty truck market, as well as the start up costs of a new manufacturing facility in Mexico. Kevin L.…

FridayApr 09, 2010 8:25 am

ITEX Corporation (ITEX.OB) to Provide PC Upgrades for Their Franchise Network and Corporate Offices

ITEX Corporation announced that they would provide new computers, software and monitors for its franchise network and corporate offices to replace existing desktop systems. The software provided will include Microsoft Windows 7 and Office Small Business 2010. Upon the launch of Office 2010, ITEX Corporation expects to purchase 180 Dell computer systems. Steven White, ITEX Chairman and CEO stated, "Our continued success is due in part to our organization utilizing leading technology products and services. We are committed to providing our franchisees and corporate staff with the finest tools to be as productive and efficient as possible. Our PC infrastructure…

FridayApr 09, 2010 8:22 am

Speedemissions, Inc. (SPMI.OB) Continues Expansion to 41 Locations

Speedemissions, Inc., a leading vehicle emissions testing and safety inspections company, announced that it has continued growing and opened its 41st store in Peachtree City, GA during the month of March. Speedemissions, founded in 2001, is based in Atlanta, GA. This new opening is the 14th in the greater Atlanta area. Rich Parlontieri, President and CEO was quoted in the article as saying: “We have had a presence in the City for almost 8 years and have worked hard to establish a neighborhood identity. Also, this is a continuation of our plans to grow in 2010 by an additional one…

FridayApr 09, 2010 8:18 am

Reba McDermott named Chief Financial Officer of SouthPeak Interactive Corp. (SOPK.OB)

SouthPeak Interactive Corporation, based in Midlothian, VA, recently announced that they have appointed Reba McDermott as their new Chief Financial Officer (CFO). The appointment is effective as of April 1, 2010. Ms. McDermott has been serving as SouthPeak’s interim Chief Accounting Officer (CAO) since August 2009. As CAO, Ms. McDermott’s responsibilities includs directing the organization's overall financial policies and overseeing all financial functions including accounting, budget, credit, and tax. As the newly appointed CFO, Ms. McDermott will be filling the role for SouthPeak’s CEO, Melanie Mroz, who had been acting as interim CFO. Ms. McDermott holds a variety of degrees…

FridayApr 09, 2010 8:16 am

Aquentium, Inc. (AQNM.OB) Announces Distributorship Opportunities in Minnesota

Aquentium, Inc., a global diversified energy-saving solution and technology company, recently announced that it is now offering distributorships in Minnesota for their water and air treatment and food safety equipment. The company’s product line of commercial ozone equipment is a green alternative to chemicals for disinfection of both air and water and can be utilized by a number of industries. Aquentium provides technologies that combat e-coli, salmonella, listeria and other bacteria or viruses. In addition, the company’s non-chemical sanitation equipment is cost effective and provides improved safety for food and beverage processors, hotels, restaurants, hospitals and schools. In addition to…

FridayApr 09, 2010 8:13 am

Guardian Technologies International Inc.’s (GDTI.OB) Tri-Partnership Created to Combat Tuberculosis

Guardian Technologies International Inc. today announced its partnership with Prior Scientific (www.prior.com) and Olympus Soft Imaging (www.soft-imaging.net) to create and ensure rapid integration of Guardian's Signature Mapping (SM TBDx) diagnostic software into a “first-of-its-kind, fully automated sputum microscopy solution for the computer-aided-detection of tuberculosis.” Guardian Technologies’ imaging solutions and analytics create integrated information management products and services for disease detection and airport security. The technologies were designed for the end point of rapid decision-making and enhanced organizational productivity and accuracy. A collaborative agreement between Guardian, The Aurum : www.auruminstitute.org/news_archive.php Institute for Health Research (Aurum), and the South African National Health…

ThursdayApr 08, 2010 3:53 pm

Retailers Post Increase in March Sales, but Analysts Aren’t Celebrating Yet

After a winter of uncertainty, analysts are celebrating the increase in retailers’ March sales. The Thomson Reuters' Same-Store Sales Index rose 9.1% last month to the highest level in the index's 10-year history. Companies such as Kohl’s, Nordstrom, The Limited and Gap posted rising numbers, prompting some to say that its proof of an improving economy and increased consumer spending. However, some analysts are hesitant to laud the improved numbers. Howard Davidowitz of Davidowitz & Associates commented that "there are some positives" in consumer spending, but he believes it's a "sucker's rally" in retail stocks and any rebound in consumer…

ThursdayApr 08, 2010 3:14 pm

Spare Backup Inc. (SPBU.OB) Launches FileSafe™ for Comet

Today, Spare Backup Inc. announced the launch of its 'FileSafe™,' product with Comet, a leading UK electricals retailer. FileSafe™, a remote, secure customer backup proposition, ensures that a customer’s precious and valuable electronic files are protected and readily available, even in the event of a hardware fault or total loss. The companies have jointly developed FileSafe, which is planned to be available in126 Comet stores. "In the past we have spoken to other leading retailers in the UK but it was Comet that really wanted to seize the day and provide a safe and secure unlimited backup proposition for its…

ThursdayApr 08, 2010 1:55 pm

CytoCore, Inc. (CYOE.OB) Picks Sales Veteran to Expand European Penetration

CytoCore Inc., a leading developer of extremely accurate, cost-effective and easily deployable early-warning cytology screening systems, with specific emphasis on gynecological cancers like cervical or endometrial, today announced the retention of Dr. Mauro Scimia to head up the Company’s European marketing and sales division. CEO of CYOE, Robert McCullough Jr., pointed to the outstanding track record of successes in “cervical cytology screening and molecular testing sales combined with his focus on execution and strong management skills” as contributing to his appointment to this position. A 15-year veteran, leading sales, marketing and management concerns with such industry powerhouses as Cytec –…

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