Blog - Page 3820 of 5655

WednesdayApr 28, 2010 12:12 pm

Cirrus Logic, Inc. (CRUS) Reports Annual Revenue Growth of 27 Percent

Cirrus Logic Inc. is a leader in high-precision analog and digital signal processing components for a broad range of customers. The company yesterday announced financial results for the fourth quarter and fiscal year of 2010, which ended March 27, 2010. Revenue for the quarter was $62.6 million, up 87 percent compared to the same period last year. Revenue for fiscal year 2010 totaled $221 million, a 27 percent increase compared to $174.6 million in fiscal year 2009. Gross margin for fiscal year 2010 was 54 percent compared to 56 percent in fiscal year 2009 and for the recent fourth quarter.…

WednesdayApr 28, 2010 12:10 pm

Polymet Mining Corp. (PLM) Anticipates Operational Construction and Environmental Permits Sooner Rather than Later

In the past, Polymet Ming Corp. has been highlighted as a long-term prospect as it moved through a difficult state permitting process. Today, as European bonds and certain countries cope with financial issues, commodity metals have shown themselves as a possible hedge. For Polymet Mining, this and other issues could not be more fortuitous as the state permitting process begins to come to a close and operational status looms. With this in mind, a quick update is due. Polymet Mining Corp., a development stage precious metals mining company, works to discover, develop and market precious metals. The company is currently…

WednesdayApr 28, 2010 12:00 pm

Barrett Business Services, Inc. (BBSI) Reports Higher Revenues in First Quarter of 2010

Barrett Business Services, Inc. reported a net loss in the first quarter of 2010 of $1.7 million, or $0.16 per diluted share. The company lost $3.2 million, or $0.30 per share, in the same quarter last year. Barrett Business Services, Inc. said that net revenues increased on a year over year basis, from $51.1 million in the first quarter of 2009 to $58.3 million in the quarter that just ended. Barrett Business Services, Inc. said that gross revenues, which exclude any contribution from the Professional Employer Organization segment, were $262.5 million, up from $227.8 million in the same quarter in…

WednesdayApr 28, 2010 10:21 am

TOMI Environmental Solutions, Inc. (TOMZ.OB) Follows Up On Successful Demos

TOMI Environmental Solutions Inc., a leading provider of innovative solutions for the cleaning and disinfecting of indoor air and surfaces, is following up on the positive response it received from healthcare industry leaders during recently conducted demonstrations in Atlanta. The company was in Atlanta to attend the 5th Decennial International Conference on Healthcare Associated Infections as well as the Restoration Industry Associations Annual Conference. TOMI CEO, Dr. Halden Shane, described the interest and challenges expressed by the attendees. “Healthcare Associated Infections cost over 30 billion dollars a year. I am proud to be the CEO of a company that will…

WednesdayApr 28, 2010 7:56 am

President and Chief Scientific Officer of Power3 Medical Products, Inc. (PWRM.OB) to Give Plenary Address to the European Molecular Histopathology Symposium

Power3 Medical Products, Inc. and StemTroniX, Inc. announced yesterday that Ira L. Goldknopf, PhD, Power3's President and Chief Scientific Officer, will deliver a plenary address to the European Molecular Histopathology Symposium on The Impact of Personalized Medicine, April 29, 2010, in Chantilly, France. The title of the plenary address is "The Genesis of Prototype Biomarkers for Identification and Use of Stem Cells for Therapeutics of Alzheimer’s Disease." Ventana Medical Systems, a member of the Roche Group, is the organizer of the Symposium. The focus of the presentation is on the progress Power3 Medical Products, Inc. and StemTroniX, Inc. have made…

TuesdayApr 27, 2010 3:53 pm

National Automation Services, Inc. (NASV.PK) Engages Lord & Benoit for Compliance with Sarbanes-Oxley (SOX) Act

National Automation Services, Inc., a public holding company focused on designing, engineering, installing and maintaining automated control systems, announced earlier today that it entered into a service agreement with Lord & Benoit, a consulting firm specializing in internal controls for Sarbanes-Oxley (SOX) compliance. A pioneer in SOX 404(a) compliance since 2004 with clients worldwide, Lord & Benoit will implement a COSO Framework suitable for NAS that is not only affordable, but effective in establishing processes for: Risk Assessment, Control Environment, Control Activities, Information & Communication, and Monitoring. These components will support efforts to achieve compliance with regulatory authorities as well…

TuesdayApr 27, 2010 3:15 pm

Natural Resource Partners L.P (NRP) Closes On Three Aggregates Purchases

Natural Resource Partners L.P announced the closing of three acquisitions of aggregates properties in the United States. The company paid $31 million for the three properties, with $21 million paid at closing and $10 million due later in 2010. The management of Natural Resource Partners L.P indicated that it is still looking for further purchases to add to its reserves. “NRP continues to look for expansion opportunities in the aggregate sector, including construction aggregates, industrial minerals and specialty aggregates,” said Nick Carter, the CEO of Natural Resource Partners L.P. Natural Resource Partners L.P purchased 100 acres of limestone reserves in…

TuesdayApr 27, 2010 2:52 pm

Blue River Bancshares, Inc. (BRBI) Reports Net Loss Due to Higher Loan Loss Provision

Blue River Bancshares, Inc. reported a net loss of $140,000, or ($0.05) per diluted share, in the first quarter of 2010. The bank earned net income of $37,000, or $0.01 per diluted share, in the same quarter of 2009. Blue River Bancshares, Inc. said that the loss for the quarter was due to an increase in the provision for loan losses to $427,000. Management made the decision based on its assessment of the bank’s pipeline of impaired and non-accrual loans. The provision for loan losses was $137,000 at the end of the first quarter of 2009. Russell Breeden III, the…

TuesdayApr 27, 2010 2:50 pm

Pacific Commerce Bank (PFCI.OB) Reports Q1 2010 Financial Results

Los Angeles-based Pacific Commerce Bank today posted its financial results for the first quarter of 2010. The bank reported net income for the quarter at $204,000 compared to $75,000 for the same quarter a year ago, an increase of $129,000. This bank attributes the increase primarily to decreases in interest expense and provision for loan losses of $335,000 and $53,000, respectively. Total non-performing loans totaled $6,314,000 at March 31, 2010, up $4,772,000 from the first quarter of 2009, but a decrease of $2,686,000 from December 31, 2009. The bank said the decrease reflects a collection in full of a non-accrual…

TuesdayApr 27, 2010 2:25 pm

BIO-key International, Inc. (BKYI.OB) Technology Used for Statewide Oklahoma Law Enforcement Authentication

BIO-key International, Inc., the Wall, NJ-headquartered developer of cutting-edge identification solutions based on cost-effective, high-performance, scalable, and easy-to-use and deploy biometric finger scanning technology, announced yesterday that the Sheriff's Office of Oklahoma County (OK) has succeeded in implementing a statewide, FBI-compliant, law enforcement mobile data system authentication solution, based on BKYI’s technology. FBI Criminal Justice Information Services (CJIS) databases now require advanced user authentication protocols for access via in-vehicle laptops, and this fingerprint scanning system (installed in over 400 vehicles with projections of 800 by project completion) is designed to fully satisfy those requirements while simplifying the logon process for…

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