Blog - Page 3786 of 5481

FridayDec 11, 2009 5:02 pm

Quicksilver Gas Services LP (KGS) to Raise Equity to Buy Assets

Quicksilver Gas Services LP (KGS) announced today that it would sell 4 million common units at a price of $21.10. The common units represent limited partnership interests in the company. The offering will raise $84.4 million in gross proceeds before expenses. Quicksilver Gas Services LP will use the funds to pay down the outstanding balance on its credit facility, and then draw down approximately $87.1 million under the same credit facility to purchase additional assets in Texas. Quicksilver Gas Services LP is buying midstream processing and gathering assets from Quicksilver Resources Inc. (KWK). The assets have the capacity to gather…

FridayDec 11, 2009 4:59 pm

Another QualityStocks Newsletter Featured Stock – Protosource Corp. (PSCO.OB) Up 367% Today

ProtoSource Corp.’s stock closed at $0.035 a share, up $0.0275 a share for the day – a gain of 367%. This strong move, earlier hitting $0.06 for a new 52-week high, occurred on heavy volume in excess of 560,000 shares, well above the daily average volume of only about 22,000 shares. The stock was mentioned in the QualityStocks FREE Daily Newsletter on June 19, 2009 when ProtoSource was trading for only $0.0145 per share. Not bad – a triple on your money in less than six months! ProtoSource, doing business as Software Solutions Company, primarily focuses on the delivery of…

FridayDec 11, 2009 4:54 pm

Access Plans Inc. (ALHC.OB) Reports Increase in Q4 and FY09 Financials

Access Plans Inc. is a leading membership and insurance marketing company. Access today announced its financial results for its fiscal fourth quarter and year ended September 30, 2009, with results reflecting the company’s acquisition of Access Plans USA on April 1, 2009, and a reincorporation merger in December. Revenues for the fourth quarter of 2009 grew to $13.6 million, up from $5.5 million reported in the fourth quarter of 2008. The company attributes this to its acquisition of Access Plans USA operations. Net income for the quarter was $1.3 million, or $0.06 per diluted share, up from $0.8 million, or…

FridayDec 11, 2009 2:05 pm

Quepasa Corp. (QPSA.OB) – A Leading Latino Social Network

Quepasa Corp. owns Quepasa.com, one of the world's largest trilingual Latino social networks online. Quepasa.com, along with sister site Corazones.com, serves its users in the United States, Mexico, Latin America and the world in three languages: English, Spanish and Portuguese. The company's mission is to empower young Latinos with the most entertaining, authentic and up-to-date online social community. The company's unique trilingual social network community provides users with the latest viral and social networking tools. Additionally, Quepasa.com offers interactive multimedia content to enrich the user experience including: entertainment, sports, music and videos, as well as user-generated content and communities. Quepasa…

FridayDec 11, 2009 2:02 pm

Home System Group (HSYT.OB) Issues Revenue and Earnings Guidance

Home System Group is a US-listed company whose China-based operating subsidiaries – Oceanic, Weihe and Well Profit – are engaged in the production of a variety of household appliances. These appliances include: stainless steel gas grills and ovens, ceiling and table fans, LEDs, along with decorative and energy-saving lamps. Their products are sold through distributors to retailers in China, Asia, Australia, Europe, Africa and the United States. The company announced today revenue and earnings guidance for fiscal year 2009. Projected revenue is expected to be approximately $69 million, a 33% increase from the 2008 fiscal year. Net income is expected…

FridayDec 11, 2009 11:47 am

Newport Digital Technologies, Inc. (NPDT.OB) Targets E-Learning

Newport Digital Technologies Inc., best known as a developer of products based upon wireless broadband technologies, is targeting E-Learning as one of its key markets in the coming years. With the proliferation of state-of-the-art wireless broadband, along with popular web-oriented personal computing devices such as netbooks, e-learning will become increasingly important as countries around the world try to improve educational standards to build their economic competitiveness. The size of this market is projected to swell to over $52 billion in 2010, and is expected to continue to grow in the years ahead. This will boost providers of e-learning content, technologies,…

FridayDec 11, 2009 11:07 am

A Weak US Dollar May Hold Opportunity for Export Oriented Companies and their Suppliers

The continually weakening US dollar indicates that the US government has over extended in its efforts to mitigate the current financial situation. Many may discuss the merits of current economic solutions but the result is very readily apparent. The US dollar’s value, as compared to other currencies, has become less. Most that follow economic cycles around the world understand the consequences of a less valued US dollar. For those that do not follow these trends, it may be better understood by saying that a weak US dollar means that United States products are cheaper to buy than foreign goods and…

FridayDec 11, 2009 10:58 am

Commerce Department Report Shows November Retail Sales Up 1.3%

According to a Commerce Department report issued today, retail sales rose for the month of November by 1.3%, extending October’s gains of 1.1%, strengthened by auto sales and gasoline. Despite a gloomy picture painted by U.S. retailers reporting underperformance for the start of the holiday season, worries have been somewhat allayed by this report, showing the biggest advance since retail sales spiked 2.4% in August, doubling economists’ expectations. The prevailing wisdom, that high unemployment would keep consumer spending (which accounts for 70% of all economic activity) down and hamper the economy, prolonging what is quite possibly the worst recession since…

FridayDec 11, 2009 10:46 am

Rival Technologies Inc. (RVTI.OB) Receives Major Financing for TRU Process Development

One company that is truly on the rise is Rival Technologies Incorporated. Located in the town of Henderson, Nevada, Rivals transitions the TRU process technology from the lab to the pilot plant stage. This state-of-the-art upgrading process is designed to vastly improve the quality and economic value of heavy crude oil. Today Rival Technologies took a major step towards enhancing their future with the announcement that it has signed a financing agreement, which was previously announced on November 11, with no dilution to existing shareholders. The funding will be provided in three stages over the next 36 months for the…

FridayDec 11, 2009 10:39 am

PetroAlgae, Inc. (PALG.OB) Signs Memorandum of Understanding with Foster Wheeler to Create End-to-End Biomass-to-Fuel Solutions

PetroAlgae Inc., a leading alternative energy company that licenses a commercial micro-crop technology system to produce clean fuel and food in an environmentally sustainable manner, recently announced that it has signed a memorandum of understanding with Foster Wheeler AG’s (NASDAQ: FWLT) Global Engineering and Construction Group. This agreement calls for engineering services to be performed in conjunction with PetroAlgae's micro-crop biomass technology. PetroAlgae’s globally scalable technology produces high-value protein as a cost-effective alternative to fossil fuels, while absorbing carbon dioxide from greenhouse gas emissions. The two companies will collaborate to develop commercial solutions that will allow existing oil refineries to…

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