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TuesdayJan 26, 2010 4:26 pm

Consumer Confidence Rises for Third-Straight Month; Future Contingent on Unemployment Rates

The Conference Board today said its consumer confidence index rose to 55.9 in January, up from 53.6 reported in December, marking the third-consecutive increase and the highest level in more than a year. The index beat economists’ January forecast of 53.5. The report fueled another day in the green on Wall Street, marking the second day of gains spurred by consumer confidence. Investor sentiment lifted the Dow 100 points since Monday – recovering some of the losses from last week’s 550-point drop. Despite the continuing rise in consumer confidence, the numbers don’t signal a quick fix in the economy. Consumer…

TuesdayJan 26, 2010 4:08 pm

Superior Oil & Gas Co. (SIOR.OB) is “One to Watch”

Superior Oil & Gas Co. operates as an oil and gas exploration and development company. The company received incorporation as Western States Resources, Inc. in February 1989. They changed their name to Red River Resources, Inc. in March 1997. They later changed their name to Superior Oil and Gas Co. in June 1997. Superior Oil and Gas has their headquarters in Oklahoma and trades on NASDAQ's OTC Bulletin Board. Superior Oil & Gas Co. has interest in oil and gas leases. These total 2,883 acres worth of leases that reside in Oklahoma and Texas. The Company primarily serves marketers and…

TuesdayJan 26, 2010 4:03 pm

FormCap Corp. (FRMC.PK) – A Well-Positioned Emerging Oil Company

Oil is becoming not only harder to find but also much more costly to extract. That is why domestic, onshore oil fields like the Permian Basin – where cumulative production is over 35 billion barrels of oil and 100 trillion cubic feet of gas – are so vitally important and attractive to US producers. FormCap is a company well positioned to achieve exploration success with its sizable position in the Permian Basin. To date, the company has acquired 4,800 acres of oil and gas 5-year term mineral leases – the Weber City Prospect – in a Permian Basin region of…

TuesdayJan 26, 2010 3:57 pm

OncoVista Innovative Therapies Inc. (OVIT.OB) Subsidiary Inks Deal for Research Project for Innovative Breast Cancer Testing

Biopharmaceutical company OncoVista Innovative Therapies Inc. today announced that its wholly owned subsidiary AdnaGen AG, a manufacturer of CE-certified circulating tumor cell (CTC) diagnostic assays, has secured an agreement with TATAA Molecular Diagnostics for exclusive use of its Adnatest™ BreastCancer assays. The agreement results in a three-year international breast cancer research project, COHERTA. According to AdnaGen AG, the Adnatest™ BreastCancer diagnostic blood test can lead to more effective evaluation and cost effective treatments without toxic side-effects. The purpose of the COHERTA project is to identify more applications for CTC testing. TATAA Molecular Diagnostics and Czech Academy of Science have conducted…

TuesdayJan 26, 2010 3:51 pm

ECOtality, Inc. (ETLE.OB) Debuts Networked Software Platform for Electric Vehicles

ECOtality, Inc. in many respects could be considered the tip of the spear in the fight to create alternative solutions to fossil fuels. This Scottsdale, Arizona-based company, a leader in electric transportation and storage, revealed today the first generation of new Internet-based software suites for advanced Electric Vehicle (EV) charging. Developed by wholly-owned ETLE subsidiary Electric Transportation Engineering Corporation, or eTec, the new software will be shown later this week at the Electric Drive Transportation Association (EDTA) conference, which will be held in D.C. to coincide with the Washington Auto Show, and there is currently a demonstration of the software…

TuesdayJan 26, 2010 3:46 pm

Simulated Environment Concepts, Inc.’s (SMEV.PK) Multi-Million Dollar Contract with French Company Zen & O

Simulated Environment Concepts, Inc., well-known for its innovative, full-spectrum, self-contained massage and relaxation system, the SpaCapsule, recently disclosed that the Company has secured a multi-million dollar deal with French company Zen & O to produce 250 SpaCapsules over the next four years, effectively expanding SMEV’s market into Europe. President and CEO of SMEV Dr. Ella Frenkel spoke of the contract as a “clear indication that the personal wellness industry continues to thrive globally” despite a flagging economy. Frenkel revealed this contract had been in the hopper since May 2009, requiring multiple mutual visits between the USA and France before finally…

TuesdayJan 26, 2010 3:42 pm

Spectra Energy (SE) Issues 2010 Guidance on Earnings and Capex

Spectra Energy issued guidance for 2010 on earnings, dividends and planned capital expenditures. Spectrum Energy is targeting diluted earnings per share of $1.42, and a minimum dividend payout of $1.00 per share in 2010. The company plans on spending $900 million in capital expenditures on projects in 2010, and $5 billion from 2010-2014. This capital plan, if executed properly, will lead to an 8-10% compound annual growth rate in earnings from 2010 to 2012. Spectra Energy is an energy infrastructure company specializing in natural gas. The company operates gathering and processing facilities, transmission and storage assets and distribution pipelines. Spectra…

TuesdayJan 26, 2010 12:22 pm

Polymet Mining Corp. (PLM) Moves Toward Palladium, Copper, Gold & Silver Mining Approvals in Near-Term Quarters

Polymet Mining Corp., a development stage base metals exploration and development company, works to discover, develop and exploit various base metals in the upper Midwestern regions of the United States. The company has found significant progress in its activities and is, for the most part, 100% owner of its properties. The company is based in Vancouver BC, Canada and recently closed its first round of financing at $10 million. $15 million remains in the company's next round of financing. To understand the advantages that the company is bringing to market one must understand the region in which it is operating.…

TuesdayJan 26, 2010 12:18 pm

Artfest International, Inc. (ARTS.OB) Joins Forces with the Renowned Jumpstart Marketing Inc.

One company that is starting to catch the attention of investors is Artfest International, Inc. Artfest is a young company with a concept that brings artists, investors, private collectors and anyone with an interest in the industry of art onto the same playing field. Today, Artfest International announced that they retained the services of the prestigious New York marketing firm Jumpstart Marketing. Jumpstart Marketing strives to achieve results for its companies through a unique integrative approach to marketing, sales and consulting and have achieved major results. With close tie-in relationships to celebrity athletes and Hollywood actors alike, Jumpstart has overtook…

TuesdayJan 26, 2010 11:49 am

Points International Ltd. (PTSEF.OB) Sees Rewards with Chase

Points International Ltd., the world’s leading reward program management website, has entered into an agreement with the credit card division of JPMorgan Chase (NYSE: JPM) to enhance the transfer capabilities of reward points earned through Chase’s Ultimate Rewards program. The Chase Ultimate Rewards program was started in May of 2009 as a very flexible rewards program, allowing its cardmembers to earn and redeem points without airfare blackout dates, points expirations, earning caps, or other common limitations. As part of its effort to enhance the program’s user friendliness, Chase has been working with Points International to make it easy for members…

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