Blog - Page 3813 of 5514

FridayDec 18, 2009 9:52 am

Moving Forward from the Credit Crisis

On Monday, September 15, 2008, the country awoke to news that three of the nation’s largest financial institutions were unable to survive without help. Merrill Lynch found a buyout partner in Bank of America. AIG was able to secure funding from federal sources. Lehman Brothers, however, was unable to secure a lifeline and the firm filed for bankruptcy, the largest in history and a major spark that set off the global financial crisis. In a matter of days, the nation’s financial structure had changed. By now, this story is painfully familiar to most investors, who watched portfolios and retirement account…

FridayDec 18, 2009 9:41 am

Muscle Flex, Inc. (MFLI.PK) Announces Release of the BUDDY Tablet Caddy Viral Video Online Commercials on YouTube.com

Muscle Flex Inc. announced yesterday that it has released parts one and two of the BUDDY Tablet Caddy viral online commercial. They can be viewed at the following link: http://www.youtube.com/MuscleFlexTV Intended exclusively for the internet, The BUDDY Tablet Caddy(TM) viral online commercial has three parts. While part one and two can be found at the link above, part three must be viewed at www.MuscleFlex.com. Muscle Flex plans to release the Beagle StepFit and the BUDDY Tablet Caddy infomercials nationally next month. The strategy is to run both commercials on cable stations simultaneously to reinforce each other and maximize the up-sell…

FridayDec 18, 2009 9:20 am

National Health Partners, Inc. (NHPR.OB) Announces Launch of Two New Sales Campaigns Expected to Generate over 5,500 New Members per Month

National Health Partners, Inc., an organization that provides discount healthcare membership programs to uninsured and underinsured people through a national healthcare savings network called CARExpress, recently announced that the company is set to launch two new sales campaigns that are expected to generate over 5,500 new members per month. Both programs are expected to commence prior to the end of the year. With more than 1 million medical professionals, CARExpress is one of the largest networks of hospitals, doctors, dentists, pharmacists and other healthcare providers in the country. The company’s target market includes 47 million Americans without health insurance and…

FridayDec 18, 2009 9:13 am

Arrayit Corp. (ARYC.OB) Subsidiary Releases Timeline for OvaDx™ Product

Yesterday, Arrayit Diagnostics, a majority-owned subsidiary of Arrayit Corporation released its anticipated timeline for commercialization of its microarray-based OvaDx(TM) Pre-Symptomatic Ovarian Cancer Blood Test. CEO John Howell formally commented on the time line and the blood test, which is currently in late-stage development. The rights to OvaDx™ have been assigned exclusively to the company by Arrayit Corporation. Howell stated, "In response to numerous inquiries received from the medical, research and investor communities following last week's exciting news announcements, we are pleased to confirm that Arrayit Diagnostics will file for Pre-Market Approval of our early stage ovarian cancer test as an…

FridayDec 18, 2009 9:07 am

Luby’s, Inc. (LUB) Reports First Fiscal Quarter Of 2010

Luby's, Inc. reported a net loss of $3.7 million, or $0.13 per share, in its first fiscal quarter of 2010. Same store sales fell by 13.5% after adjusting for a hurricane that affected comparability. The quarter ended November 18, 2009. Chris Pappas, the CEO of Luby’s, said, “During the first quarter, we launched our previously announced Cash Flow Improvement and Capital Redeployment Plan, strengthening our core store base and positioning ourselves to better weather this challenging economic environment.” Luby's concentrated on expense control during the first fiscal quarter in order to deal with the drop in sales. The company cut…

ThursdayDec 17, 2009 2:56 pm

NetSol Technologies, Inc. (NTWK) Led by a Superb Management Team

NetSol Technologies Inc. is a worldwide provider of global business services and enterprise application solutions, leveraging its BestShoring practices and highly experienced resources to deliver high-quality, cost-effective solutions. The company has operations all around the globe and its clients include Fortune 500 manufacturers, global auto makers, financial institutions, utilities, technology providers and government agencies. The company is led by a highly-skilled management team. Some of the members of the company's management team include: Najeeb Ghauri – Chairman and CEO Mr. Ghauri was responsible for restructuring NetSol's business model into that of an IT company. He has oversaw the growth of…

ThursdayDec 17, 2009 1:44 pm

EGPI Firecreek, Inc. (EFIR.OB) in Final Stages for Acquisition of SouthWest Signal Corp.

The management of EGPI Firecreek Inc. earlier this year made a decision to transform the company entirely. The company was once an oil and gas company, but it is now embarking on an acquisition strategy centered on the vertical integration of enterprises serving the transportation construction and intelligent traffic systems market. EGPI Firecreek announced today that it is in the final stages of its due diligence phase for the acquisition of SouthWest Signal Corporation, which should be completed within a few weeks. SouthWest Signal has been in business since 2000 and is engaged in all facets of the DOT (Dept.…

ThursdayDec 17, 2009 1:10 pm

NetSol Technologies, Inc.’s (NTWK) Undiscovered Success and Exceptional Growth Potential

NetSol Technologies, Inc., an enterprise software and business services provider with a footprint spanning the global marketplace, has operations in such diverse locations as Beijing, Bangkok, London, Lahore, Adelaide, Riyadh, San Pedro Sula and San Francisco. This broad physical base of operations enhances and affirms NetSol’s philosophy of seamless integration, best exemplified by their core BestShoring™ methodology, which is designed to eliminate the risks associated with outsourcing. NetSol thrives on specialized solutions that are engineered to the client’s specific industry, from hospital/healthcare information management systems (HIMS) and SAP consulting and services, to credit and finance portfolio management systems, including systems…

ThursdayDec 17, 2009 12:24 pm

Leading Indicators May Be a Sign that Economy will Grow in 2010

A private research group known as The Conference Board was quoted as saying there could be an economic rebound that will grow into 2010. Thomas Reuters has expected a 0.7 percent increase but the Conference Board said its index of leading economic indicators rose 0.9 percent last month, a number that soared past the 0.3 percent in October and clearly surpassed the Thomas Reuters expectation. Improvements in financial conditions, building permits for homes and the labor market boosted the index last month according to Conference Board economist Ataman Ozyildrim. The Conference Board said six of the 10 indicators it uses…

ThursdayDec 17, 2009 12:18 pm

Medizone International (MZEI.OB) Outlines Plans For AsepticSureTM

Medizone International, Inc., a research and development company specializing in technologies to decontaminate and sterilize rooms for hospitals, schools, and other critical infrastructure, today outlined plans for its AsepticSureTM ozone based sterilization system. Medizone chairman and CEO, Edwin Marshall, spoke extensively about the technology’s promise, based upon test results, and how the company plans to move forward with its development: “Our laboratory expansion at Medizone's dedicated research facility located in Innovation Park at Queen's University in Kingston, Ontario, Canada has now been completed. Full scale-up testing is scheduled to commence there in January, following the holidays. Our laboratory results continue…

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