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TuesdayNov 11, 2008 12:51 pm

Government to Troubled Homeowners: ‘Help is on the way’

In the most pronounced effort yet to aid ailing homeowners, the government and the mortgage industry are working together to expedite the process of restructuring the terms of hundreds of thousands of defaulted mortgages now held by government loan agents Fannie Mae and Freddie Mac. The two companies, now operated by the Federal Housing Finance Agency, intend to implement the new plan on December 15th. At this time, officials are unable to provide the exact number of how many will qualify for the program. Let us hear your thoughts below:

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TuesdayNov 11, 2008 12:49 pm

Elephant Talk Communications, Inc. (ETAK.OB) Recognized for Astronomical Growth in Orange County, CA

This year in Orange County, California, Deloitte LLP, member of a global finance consulting and advisory network, ranked the area's top fifty technology, media, telecommunications, and life sciences companies in its highly-regarded Technology Fast 50 Program. To be eligible for the Fast 50, companies must have recorded revenue growth from at least $50,000 in 2003, to $5,000,000 or more in 2007, and they must have done so through the implement of some sort of proprietary technology or intellectual property. For its mobile and fixed-telecom and content distribution solutions and explosive growth, Elephant Talk Communications received a fifth-place ranking in the…

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TuesdayNov 11, 2008 11:42 am

QualityStocks Attends the Rodman & Renshaw Annual Global Investment Conference

This week we are attending the Rodman & Renshaw Annual Global Investment Conference where more than 400 public & private companies are presenting to over 2,500 investors and industry attendees. We hope to find new and exciting investment opportunities to feature here at the QualityStocks.net website. In anticipation of this conference, we have highlighted all of the U.S and Canadian publicly traded companies in a special newsletter that went to subscribers last week. To view The QualityStocks Rodman & Renshaw Special Edition, visit: www.RodmanandRenshaw.QualityStocks.net The Rodman & Renshaw Annual Global Investment Conference was designed to be a platform for innovative…

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TuesdayNov 11, 2008 11:19 am

GenVec, Inc.’s (GNVC) TNFerade™ Gets FDA Fast Track Designation for Pancreatic Cancer Treatment

GenVec, Inc. reported today that the U.S. Food and Drug Administration (FDA) has approved GenVec's TNFerade™ for Fast Track development in the treatment of locally advanced pancreatic cancer. TNFerade™ is designed to stimulate the production of immune system proteins with anti-cancer properties that are injected into tumors. GenVec is developing TNFerade™ for use in combination with other tools such as radiation and chemotherapy for the treatment of various cancers. TNFerade™ qualifies for Fast Track status because GenVec provided the FDA with evidence that TNFerade™ may have potential to improve the survival rate of patients suffering from pancreatic cancer. The FDA…

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TuesdayNov 11, 2008 10:09 am

China Precision Steel, Inc. (CPSL) Maintains Confidence Despite Q1 Revenue Decrease

Hong-Kong-based China Precision Steel (Nasdaq: CPSL) is a niche precision steel processing company engaged in the production and sale of high precision cold-rolled steel products and other specialty services. The company today announced its fiscal 2009 first-quarter results for the period ended September 30, 2008, noting that despite a tight economic environment the company is securing business with competitive pricing. Revenues for the first quarter of fiscal 2009 were $25.4 million, down 6.8 percent from $27.2 million for the same quarter of 2008. The company attributes the slide to a decline in high-carbon, cold-rolled coils and reduced orders from auto…

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TuesdayNov 11, 2008 9:13 am

Vortex Resources Corporation (VTEX.OB) Showcases a Strong Management Team

Vortex Resources Corp is a publicly traded independent emerging natural resources company. The company's focus is on the acquisition, exploration, development and production of oil, natural gas and minerals. Recently, the young company has been making a name for themselves in Crockett County, Texas where they own the rights to drill 180 wells in the Adams-Baggett field. Vortex estimates that each well contains 500 million cubic feet of natural gas reserves, which will allow them to rise quickly in the natural resource industry. One of the reasons for the company’s success is their dynamic management team which is led by…

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TuesdayNov 11, 2008 9:07 am

Gulf Resources Inc. (GFRE.OB) Should Benefit from Chinese Stimulus Targets, Only Marginally Affected by Olympics’ Shutdown

The pure capitalist tends to drool a bit at the mere mention of a captive market. The opportunity to sell into a marketplace that has only a few favored suppliers is a dream come true. In most instances, captive markets are few and far in-between, but when they do show up, it’s an opportunity to take advantage. To suggest China as a captive market, hinged on knowing the right people with the right permits, may or may not be a stretch. It is, however, a process/tradition that is an important part of doing business in China. Finding a Chinese company…

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TuesdayNov 11, 2008 9:01 am

WorldWater & Solar Technologies Corp. (WWAT.OB) Releases 3Q Results, Highlights Large Scale Projects

Along with records revenues, WorldWater & Solar Technologies Corp (WWAT) also reported a gross loss in the third quarter, ending Sept. 30. WorldWater reported a $2.3 million gross loss for the quarter. Offsetting that news was a significant increase in revenues to $6.5 million compared with $4.4 million over the same time last year. Installations for the Valley Center Municipal Water District of Valley Center, California and a Denver International Airport project were the two biggest contributions of that revenue. The gross loss in 2008 was primarily the result of a solar project for the town of Windsor, Calif. that…

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TuesdayNov 11, 2008 8:51 am

Is Starbucks (SBUX) Poised for Vente-Style Future Growth or Will Starbucks Go Stale?

Starbucks has had a tough year. This summer Starbucks announced the closing of 600 underperforming stores, including 61 stores in Australia. With fast food restaurants like McDonalds offering premium coffee, the coffee giant’s stock has taken quite a hit. To Starbucks’ benefit, McDonald's franchisees don't want to spend the money to implement the full premium beverage program. McDonald's has estimated it will cost an average of $100,000 per location. Fourth quarter and fiscal 2008 results show that perhaps next year might be better. Net earnings totaled $315.5 million for fiscal 2008, versus $672.6 million in fiscal 2007, while EPS for…

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TuesdayNov 11, 2008 8:47 am

Western Standard Energy Corp. (WSEG.OB) Signs Agreement with East Dickenson Oil and Gas

Western Standard Energy Corp. is an independent oil and gas exploration company focused on providing domestic energy resources for a secure America. By teaming with partners and third-party service companies that are willing to incur the majority of costs and work associated with the exploration and drilling process, Western Standard is able to retain a lean corporate structure that favors increased return on investment. One of those partnerships is the newly signed agreement with East Dickenson Oil and Gas Co. The agreement covers a package of 10 State of North Dakota oil & gas exploration leases in and around Dickinson,…

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