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FridaySep 25, 2009 1:09 pm

September Consumer Sentiment – A Positive Sign for the U.S. Economy

U.S. consumer sentiment rose in late September to the highest level since January 2008 as expectations of an economic rebound gathered momentum. This data added to indications the economy is pulling out a lengthy recession more powerfully than many economists had expected a few months ago. The Reuters/University of Michigan Survey of Consumers said its final index of sentiment for September rose to 73.5 from 65.7 in August. This was above economists' expectation for a reading of 70.3. The index of consumer expectations rose to 73.5, the highest in two years, from 65.0 in August. The index of current conditions…

FridaySep 25, 2009 1:00 pm

FormCap (FRMC.PK) Receives Termination

FORMCAP CORP (PINKSHEETS:FRMC) announced today that it has received a letter from Morgan Creek Energy Corp terminating the Option Agreement between FormCap Corp and Morgan Creek Energy Corp. on the Frio Draw Prospect in New Mexico.

FridaySep 25, 2009 10:02 am

The Quantum Group (QGP) Announces Impressive Third Quarter Results

Make no mistake about it, the economy has not been kind to investors and with this quasi-depression we have seen, most of the “Big Boys” and “Blue Chips” on Wall Street have felt the pain. While most companies have suffered, one young company has been rapidly producing profits and moving straight ahead with its mission statement. That company is The Quantum Group. The Quantum Group is an innovation-driven Healthcare Service Organization (HSO) that provides technology solutions through PWeR, a 21st Century Electronic Medical Records platform that has changed the outlook of the industry. With this technology in place, Quantum has…

FridaySep 25, 2009 9:00 am

China Crescent Enterprises, Inc. (CCTR.OB) Reports $17 Million in Revenue and a Record Net Income of $1.1 Million for the First Six Months of 2009

China Crescent Enterprises, Inc., a technology leader in the rapidly developing Chinese market, recently announced that the company generated $17 million in revenue and a record net income of $1.1 million for the first six months of 2009. The company is on track to reach its forecasted $50 million in profitable revenue for 2009 due to the $45 million in recently announced outsourcing or pending contracts. China Crescent Enterprises focuses on serving second-tier cities, small-to-medium enterprises and rural markets in China. In February 2009, the Chinese government launched a subsidy program to fuel PC sales in rural China and selected…

FridaySep 25, 2009 8:58 am

China Advanced Construction Materials Group Inc. (CADC.OB) Posts Strong Q4 and FY Results Built on Project Increases and Tax Incentives

Beijing-based China Advanced Construction Materials Group Inc. (China ACM) is a leading producer of advanced construction materials for large scale commercial, residential and infrastructure developments. The company today announced its fourth-quarter and fiscal results for the three months ended June 30, 2009, posting a quarter of proven growth and profitability. The company posted revenue for the quarter at $14.5 million, as compared to $7.7 million for the three months ended June 30, 2008. Net income for the three months ended June 30 2009, was $5.7 million, or $0.40 per diluted share, compared to net income of $1.4 million, or $0.12…

FridaySep 25, 2009 8:54 am

Advanced Visual Systems, Inc. (AVSC.PK) Announces Trading on Over-The-Counter

Advanced Visual Systems Inc., an innovator of data visualization software and solutions, announced this morning that its common stock began trading on the OTC Pink Sheets on September 15, 2009. The company, founded in 1991, develops and markets powerful technology used by corporations, software makers and research organizations to add graphically-rich analysis features to business intelligence systems, corporate dashboards, research projects and high performance computing programs. Data visualization converts corporate, technical and scientific information into highly expressive graphics that allow many dimensions of data to be viewed simultaneously, revealing patterns, trends and anomalies that can be difficult to detect using…

FridaySep 25, 2009 8:48 am

Familiar Faces to Host and Report on eDoorways Corp.’s (EDWY.PK) “SOLVE” Launch

eDoorways Corp. today announced that media and television personality, Amy Hadley, is set to host and emcee its October 1st launch event. Amy's is known for getting involved and interacting with people, unscripted. Whether it's engaging in a difficult urban discipline, firing .45 Colt revolvers from horseback or swinging high above the ground on a trapeze, Hadley brings fun and excitement to any event. "Whether Co-hosting 'Austin City Limits Backstage Pass,' being the live reporter for the 'News 8' Austin's Morning live show, or occasionally filling in as an anchor for the network, Amy Hadley is a face everyone knows…

FridaySep 25, 2009 7:57 am

Axial Vector Energy Corp. (AXVC.PK) to Be Featured on FOX TV

Axial Vector Energy Corp. today reminded investors that that its revolutionary Axial Vector Engine will be featured on the Global News Group Program "Special Edition TV" on Sunday, September 27th at 11:00 am EST. Designed to provide a platform for companies and organizations to talk about and present their solutions, the program provides international exposure via customized news reports reaching industry leaders and people through various news and media outlets. Earlier this year, Host and Managing Editor of "Special Edition TV," Ileana Bravo interviewed representatives from AVEC at their first United States based live demonstration of the "axial flux" and…

ThursdaySep 24, 2009 8:36 pm

Advanced Visual Systems, Inc. (AVSC.PK) is “One to Watch”

Advanced Visual Systems Inc. develops and distributes software products that are used in multiple sectors of the business and technical industries to present various forms of data in easily understandable graphic representations. Offering a complete line of software products and consulting services, the company is widely recognized as the data visualization industry leader, boasting over 2,500 international customers. The company has distinguished itself from other companies in the fast-growing data visualization and analytic fields through its comprehensive range of software offerings and sixteen years of product innovation. Together, these competitive advantages have enabled AVS to capitalize on a growing marketplace…

ThursdaySep 24, 2009 3:53 pm

Market Wanes on News of Falling Home Sales and Oil Prices

The National Association of Realtors released data indicating a 2.7 percent decline in home sales for August. This was a surprise to many investors after a 4 month upturn in home sales figures and a 7.2 percent increase in July. These surprising results heighten the anticipation of a coming end to the $8,000 tax credit for new homeowners expiring at the end of November. The Fed said on Wednesday that it would begin reducing purchases of mortgage-backed securities and that it would extend the program into the beginning of next year. While nationwide home sales are up and the inventory…

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