Blog - Page 3832 of 5549

FridayJan 08, 2010 9:56 am

Tefron Ltd.’s (TFRFF.OB) Lenders Agree to Continue and Expand Financing

Israeli company Tefron manufactures boutique-quality everyday seamless intimate apparel, active wear and swim wear sold throughout the world by name-brand marketers such as Calvin Klein, Nike, Victoria's Secret, Patagonia, Reebok, Banana Republic and the Gap. The company's innovative product line includes tank tops, boxers, leggings, crop, T-shirts, nightwear and bodysuits. The company announced yesterday that it has signed a memorandum of understanding with its principal lenders to continue and expand its line of credit. The memorandum of understanding ensures the continuation of the existing $28.95 million line of credit and adds an additional $1.8 million for a total credit line…

FridayJan 08, 2010 9:51 am

PetroQuest Energy, Inc. (PQ) Updates Capital Expenditure and Production Guidance For 2009

PetroQuest Energy, Inc. updated its guidance for capital expenditures and production growth for 2009 to reflect the deferral of several projects. PetroQuest Energy, Inc. said that the final total for 2009 capital expenditures would be $60 million. The company previously estimated that its capital expenditures for 2009 would be in a range of $65 million to $75 million. PetroQuest Energy, Inc. attributed the lower total to the deferment of several projects during the fourth quarter of 2009. The company also spent less on some wells located in the Fayetteville Shale. In addition, PetroQuest Energy, Inc. reduced its expected oil and…

FridayJan 08, 2010 9:49 am

Aquentium Inc. (AQNM.OB) Signs Exclusive Ozone Distributorship for Puerto Rico

One company that is on the rise is Aquentium, Inc. Perhaps the most attractive aspect of Aquentium in their array of technology is their ozone sanitation equipment that destroys deadly organisms. Today, Aquentium took a major step towards enhancing their future with the announcement that they have signed an exclusive ozone distributorship for Puerto Rico. The agreement for distributorship of Aquentium’s ozone equipment was signed with the growing company Global Power Plus and will allow Global Power to be the exclusive distributor of the ozone equipment for a minimum of the next 12 months. Global Power Plus will market the…

FridayJan 08, 2010 9:31 am

ICOP Digital, Inc. (ICOP) Secures Contract for Its Live Streaming Capability with a Prominent New York City Suburb

ICOP Digital, Inc., a worldwide provider of in-car video and mobile video solutions for law enforcement, fire, EMS, military, and transportation industries, recently announced that the company has secured an order for mobile video recorders from a prominent city in Westchester County, New York, which is comprised of 215 officers and 65 civilians. The order was won due to the company’s unique technology, ICOP LIVE™. Funded by a federal grant, the city intends to use the ICOP solution to improve its public safety initiatives. The agency will be deploying the ICOP 20/20 VISION™ units controlled from laptop computers in the…

FridayJan 08, 2010 8:57 am

The eDoorways (EDWY.PK) Platform: The Gateway to Dynamic Commerce

eDoorways Corp. is committed to solving lifestyle problems for consumers while driving traffic, through their eDoorways platform, to suppliers and service providers who offer innovative merchandise and solutions. By uniting consumers with the larger global consumer community, retailers, and manufacturers in an effective new way, the company promotes “dynamic” commerce, as opposed to the static model currently in existence. The company's unique business-to-consumer social network website aims to capitalize on: 1) Web 2.0 community democratic internet service offerings; 2) micro or 'niche' marketing and targeted service offerings in place of traditional mass marketing; 3) emergence of new technologies enabling the…

ThursdayJan 07, 2010 3:54 pm

Beacon Equity Research Featured Company: NewMarket Technology Inc. (NWMT.PK)

NewMarket Technology, Inc. is focused on providing systems integration and technology infrastructure services worldwide. In addition to implementing technology solutions locally, businesses look to other regions of the world to both reduce operational expenses and to expand their operations. The company provides its customers a bridge between the business and cultural divides often found between the US and other regions of the world. NewMarket offers certified integration and maintenance services to support the prevailing industry standard solutions. In tandem, the company continuously pursues the acquisition of undiscovered emerging technology assets for integration into an overall product portfolio carefully packaged to…

ThursdayJan 07, 2010 3:47 pm

Beacon Equity Research Featured Company: The Wyncrest Group Inc. (WNCG.PK)

The Wyncrest Group Inc. is focused on designing insurance products customized to provide risk management solutions to carefully selected specialty markets where conventional lines don’t exist. These contracts are offered through the company’s separate subsidiaries or in some cases patented and licensed. Wyncrest’s specialty construction liability solutions are typically structured as a captive insurance company hosted in tax friendly country like Panama so the insured can enjoy certain tax benefits. They offer a solution to difficult problems like asbestos liability coverage required by governments for drywall contractors while controlling claim risk. The company’s warranty products are sold directly through its…

ThursdayJan 07, 2010 1:39 pm

Gasoline Prices Hit 15-Month High

Just seven days into the new year and pump prices have surged past 2009 highs. With the average gallon of gasoline about $2.71 a gallon, a typical motorist using 50 gallons of gasoline a month will pay about $135 a month to fuel up. Last year at the height of the economic crisis, the average consumer was paying only about $85 a month. In less than a month, crude oil prices have jumped 20 percent and yesterday surpassed the 2009 high. This has, in turn, propelled gasoline prices to a 15-month high. With the increase in fuel prices, Americans are…

ThursdayJan 07, 2010 1:12 pm

Glowpoint Inc. (GLOW.OB) Ups YoY Revenue Guidance by 30% on Strategic Partnership-Fueled Growth

Glowpoint Inc. provides carrier-grade managed telepresence and video communications services in more than 35 countries. The company yesterday increased its year-over-year monthly recurring core revenue guidance for the 2009 fourth quarter by 30 percent to a 13-percent increase. This new number reflects a year of record results fueled by continued gross margin improvement; record second-quarter revenue; unprecedented numbers of video conference and telepresence calls; and record video calling traffic volumes on the company’s cloud-based infrastructure and Telepresence interExchange Network (TEN). The company was also successful in securing new strategic partnerships, as well as the expansion of existing ones, creating a…

ThursdayJan 07, 2010 1:09 pm

Viking Systems, Inc. (VKNG.OB) Secures $5 Million Equity Line

Viking Systems Inc. is a leading worldwide developer, manufacturer and supplier of 2D and 3D visualization solutions for the medical market. The company provides surgeons with proprietary visualization systems enabling minimally invasive surgical procedures that reduce patient trauma and recovery time. The company announced today that it has entered into an investment agreement for a $5 million equity line with Dutchess Opportunity Fund. Dutchess Capital is an investment manager which provides creative financing for promising, growth-stage companies. Under terms of the agreement, Dutchess has committed to purchase up to $5 million of the company's stock over thirty-six months. While the…

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