Blog - Page 3797 of 5578

MondayMar 15, 2010 2:12 pm

China Interactive Education Inc. (CIVN.OB) Secures $79M in Distribution Contracts

China Interactive Education Inc. provides interactive teaching and learning solutions in China. The company has secured $79 million in framework contract wins with local area distributors for its new Interactive Classroom Solution ("ICS") products and Educational Learning Products ("ELP"). The contracts are agreements to purchase China Interactive products at wholesale prices and sell them within specific authorized geographic locations throughout China. If sales targets are not met, China Interactive has the right to terminate or renew distribution contracts. Ruofei Chen, CEO of China Interactive, said the company’s progress represents advancements in China’s educational system. "We are very pleased with the…

MondayMar 15, 2010 12:04 pm

Netsol Technologies, Inc. (NTWK) Delivers the Best in Virtualization Solutions

NetSol Technologies provides cost-effective, customized IT and software development solutions to public and private sector enterprises. The company's technologically unbiased designs and solutions are tailored to meet the specific needs of each industry and sector. NetSol's offerings are enhanced with its BestShoring business model, which draws upon an extensive team of cross-functional subject matter and domain expertise deployed around the world. The company delivers the best in virtualization solutions with its BestShoring methodology, providing expert products and services for all virtualization needs including: • Platform Virtualization • Network Virtualization • Application Virtualization • Hosted Environments • Remote Desktop Computing •…

MondayMar 15, 2010 10:44 am

American Apparel Inc. (APP) Reports Comparable Store Sales

In poor economic times there is really nothing better than comfort food, a soft sweatshirt and a good book. Finding companies that provide these items, or components of them, is a way to profit. To get an idea of some of these types of products, consider what you wear Saturday mornings or what you ate or baked during the last big storm. Consider these thoughts and a winner may just pop-up. American Apparel Inc., a manufacturer of casual wear for men, women, children and pets, works to manufacture, distribute and retail for the everyday customer. Although it has a large…

MondayMar 15, 2010 10:36 am

AlumiFuel Power Corp. (AFPW.OB) Announces Hydrogen Generator for Unmanned Underwater Vehicle Applications

AlumiFuel Power Corporation’s wholly-owned subsidiary, AlumiFuel Power, Inc. (API), is a Philadelphia, Pennsylvania-based alternative energy company targeting commercial and defense sectors. The Company announced today the initiation of work on a new hydrogen generator for use in Navy Unmanned Underwater Vehicles (UUVs) and other submersible craft. The hydrogen generator will power a fuel cell, and is being designed in conjunction with a superheated steam generator prototype API is currently working on for similar applications with major defense prime contractors that is based on the Company’s proven PBIS-1000 generator. Designed in a similar fashion to the prototype steam generator, the hydrogen…

MondayMar 15, 2010 10:30 am

Dana Resources (DANR.OB) to Acquire Promising Peruvian Mine

Dana Resources, with offices in the US and Peru, is a metals exploration company with extensive local knowledge capitalizing on a lucrative Peruvian portfolio of holdings that revealed today details regarding ongoing due diligence pertaining to the Chota Silver Mine in Peru’s thriving Alto Chicama mining district. The Company seeks to acquire 100% ownership of the mine for $425k in cash and shares, and has entered into a letter of intent (LOI) to that effect. The Alto Chicama district is host to several of the world’s top yielding mines, with the Barrick Gold Corp's Lagunas Norte (8.9M ounces in reserves)…

MondayMar 15, 2010 10:25 am

Ant’s Software Inc. (ANTS.OB) to Receive $10 Million Investment from Fletcher

One company that is starting to make a climb within the Technology Sector is ANT’s Software. Located in San Diego, California, ANT’s has earned a reputation as a company that has helped their customers drive down IT operating costs by consolidating hardware and software infrastructure and eliminating cost inefficiencies. Today, ANT’s took a major step towards enhancing their future with the announcement that Fletcher International Ltd. has agreed to purchase up to $10 million of ANT’s common stock at various prices. Fletcher International Ltd. is an affiliate of Fletcher Asset Management which is an SEC-Registered Investment Advisor. Fletcher is unique…

MondayMar 15, 2010 10:19 am

XO Holdings Inc. (XOHO.OB) Subsidiary Extends International Reach with Customer Referral Program

XO Communications, a subsidiary of XO Holdings Inc., is a nationwide provider of advanced communications services and solutions. The company’s customers include more than half of the Fortune 500. To bolster its international reach, the company today launched its International Customer Referral Program. The program facilitates overseas telecommunications companies contracting with XO, providing carrier customers with access to the full line of XO Carrier Services products and services in the U.S. "XO is aggressively seeking to expand its presence in Asia, Europe and South and Central America," Ernie Ortega, president of XO Carrier Services stated in the press release. "Our…

MondayMar 15, 2010 9:38 am

GMX Resources Inc. (GMXR) Announces 2010 Capital Program

GMX Resources Inc. announced a capital program of $175 million for 2010. The company will use the capital to drill 22 horizontal wells into the Haynesville Shale, Bossier Shale and Cotton Valley Sand in East Texas. GMX Resources Inc. also provided production guidance of 17.5 billion cubic feet equivalent for 2010, a 30% increase over 2009 levels. GMX Resources Inc. announced the completion results of two horizontal wells drilled recently into the Haynesville Shale. The company said that the Mia Austin #1H well had an initial production rate of 14.1 million cubic feet equivalent per day during a 24-hour test,…

MondayMar 15, 2010 9:36 am

National Western Life Insurance Company (NWLI) Reports Higher Net Income for 2009

National Western Life Insurance Company reported net income of $12.7 million, or $3.59 per diluted share, for the fourth quarter of 2009. This was slightly above the $10.9 million, or $3.06 per diluted share, reported in the same quarter in 2008. National Western Life Insurance Company also reported higher earnings for the year ending 12/31/2009. The company earned $45.5 million, or $12.87 per diluted share, in 2009, compared to $33.6 million, or $9.48 per diluted share, in 2008. The increase in net income for 2009 was led by significantly lower losses in the company’s investment portfolio in 2009 compared to…

MondayMar 15, 2010 9:36 am

China Clean Energy, Inc. (CCGY.OB) Secures Credit to Support Increased Capacity Utilization of its Jiangyin Plant

China Clean Energy, Inc., a company engaged in the development, manufacturing, and distribution of biodiesel and specialty chemical products made from renewable resources, recently announced that its wholly owned subsidiary, Fujian Zhongde Energy Co., Ltd., has secured a line of credit for up to RMB 33 million (equivalent to approximately US $4.8 million). China Clean Energy expects to use the expanded credit line to support the ramp-up of its new Jiangyin Plant, which has the capacity to produce a total output of 70,000 tons of biodiesel and specialty chemicals per year. Completed in October of 2009, management expects the Jiangyin…

Site Search

Company Search