Blog - Page 3866 of 5683

TuesdayApr 13, 2010 3:00 pm

Dow Rally on Low Volume Piques Interest

The DJIA touched the running psychological milestone of 11k before closing slightly lower Friday (Apr. 9), yet many analysts who are students of the market’s key index levels are gradually but steadily building up a profile of the milestone as not only merely a psychological trigger but even as something potentially dangerous. The concern is that, while much emphasis is paid to the DJIA as stocks have gained over the last year, major intrinsic core components of the market’s behavior are being ignored, notably the surprising (and to some bewildering) lack of volume. Even bullish investors and analysts are starting…

TuesdayApr 13, 2010 2:46 pm

Information Systems Associates, Inc. (IOSA.OB) Pre-Announces Q1 2010 Results, Highlights

Information Systems Associates Inc., a leader in data center optimization software, services and solutions, today pre-announced its revenues for the first quarter ended March 31, 2010, as well as first-quarter highlights. The company posted revenues of $249,000 for the first quarter, a 25-percent increase from the first quarter 2009 revenues of $199,000. Information Systems also announced corporate restructuring during the first quarter, which resulted in increased operating efficiencies and a $75,000 reduction in its fixed quarterly expenses; and the completion of several projects for six Fortune 500 companies. Joe Coschera, Information Systems’ CEO, said the company has reviewed its operations…

TuesdayApr 13, 2010 2:34 pm

Weis Markets (WMK) Reports Higher Year over Year Revenues and Net Income

Weis Markets reported net income of $17.4 million, or $0.65 per share, in the first quarter of 2010 ending March 27, 2010. The company earned $16.5 million, or $0.61 per share, in the same quarter last year. Revenues also showed a large increase on a year over year basis, from $606.2 million in the first quarter of 2009 to $664.3 million in the quarter just ended. Weis Markets also reported a 3% increase in comparable store sales in the first quarter of 2010. The company attributed the increase in net income and revenues to increased promotions, and better efficiency and…

TuesdayApr 13, 2010 2:24 pm

Zevotek, Inc. (ZVTK.OB) Signs Agreement for Retail Sales of Its Ionic Bulb

Zevotek, Inc. announced today that it has signed a deal with Leisure Time, Inc, a Union, New Jersey based company, to market and promote the sale of the Ionic Bulb to an premier list of retail chain stores. The Iconic Bulb is an energy saving compact fluorescent light bulb (CFL) for which Zevotek has a license to sell. This contract comes after a collaborative effort between Zevotek and Leisure Time in a presentation to CVS Pharmacy earlier this month to promote the product. The presentation went well and as a result, the two companies have since agreed to a one-year…

TuesdayApr 13, 2010 2:21 pm

Broadcast International (BCST.OB) Partners with Anevia for Worldwide IPTV Market

Broadcast International Inc., a leading technology provider in the growing field of IPTV (Internet Protocol TV), announced today that it has partnered with Anevia, a diverse global video services company, to offer seamless video services to the IPTV market. The agreement is based upon the integration of Broadcast’s patented multi-codec video compression technology with Anevia’s advanced streaming capabilities, to deliver high quality IPTV video in even reduced bandwidth environments. Broadcast International has developed a patented software framework called CodecSys™ that cuts video bandwidth requirements over satellite, cable, IP, and wireless networks. Anevia, known for video streaming solutions, provides open standards…

TuesdayApr 13, 2010 2:11 pm

Micro Identification Technologies, Inc. (MMTC.OB) Identifies the “Bugs”

Micro Identification Technologies Inc. has developed and patented a rapid microbial identification system that revolutionizes the pathogenic bacteria ID process. Offering significant advantages over today’s methods of microbial detection, the company’s MIT 1000 Rapid Microbial Identification System can identify bacteria in less than five minutes. The company's technology does not rely on chemical or biological agents, conventional processing, fluorescent tags, gas chromatography or DNA analysis. The MIT 1000 System identifies bacteria with a laser that uses the principle of light scattering with proprietary PC-based software algorithms to test samples at less than $0.10 per test. MIT's technology can save tens…

TuesdayApr 13, 2010 2:04 pm

Radient Pharmaceuticals Corp. (RPC) is “One to Watch”

Radient Pharmaceuticals Corporation is an integrated pharmaceutical company. The Company focuses on the research, development, manufacturing, and marketing of diagnostic and premium skin-care products. Radient Pharmaceuticals Corporation has their headquarters in Tustin, California and they trade on the NYSE Amex. The Company's core business strategy and market focus is on the international commercialization of Onko-Sure™ and Elleuxe products. Onko-Sure is a simple, non-invasive, patent-pending and regulatory-approved in vitro test for use as an aid in early detection of cancer. It enables physicians and their patients to effectively monitor and/or detect certain types of cancers. This is through measuring the accumulation…

TuesdayApr 13, 2010 12:09 pm

Beacon Equity Research Featured Company: Morgan Creek Energy Corp. (MCKE.OB)

Morgan Creek Energy is an independent exploration and development company established by an expert management group to pursue unique growth opportunities in the oil and gas sector. Driven by high crude oil and natural gas prices, Morgan Creek Energy launched its ongoing efforts to seek, acquire and exploit all forms of hydrocarbons. Rather than simply looking to acquire possible reserves by acquiring enormous but unqualified land prospects, the company is focusing its efforts on building a strategic portfolio and strong operating infrastructure designed to deliver a balance between risk/reward and a path to immediate revenue. Morgan Creek Energy intends to…

TuesdayApr 13, 2010 11:57 am

Beacon Equity Research Featured Company: Wataire International Inc. (WTAR.OB)

Watair is focused on developing, manufacturing and distributing Atmospheric Water Generation technology. The Atmospheric Water Generator (AWG) provides a cost-effective solution to the global shortage of drinking water by extracting water from air and turning it into clean, healthy drinking water. Since 2001, Watair and its research and development team have been developing, manufacturing and commercializing breakthrough products for water generation and filtration. The atmosphere contains 3500 cubic miles of water or 0.001% of the Earth’s total water reservoir volume of 350 million cubic miles. Water reservoirs include the atmosphere, ice and snow, biomass, surface water, underground water and the…

TuesdayApr 13, 2010 11:00 am

Zoro Mining Corp. (ZORM.OB) is “One to Watch”

Zoro Mining Corp. has strategically positioned itself to capitalize on new gold exploration and post-crash economics. Formed in 2007 to acquire high-value opportunities in developing gold prospects, the company has acquired multiple prospects in targeted areas. Zoro currently owns extensive property positions in significant mineral prospects in established gold mining regions in Latin America, Peru, Chile and Mexico. The company’s management team has launched a multi-pronged approach to diversify risk and provide immediate revenue opportunities that will support the development of mid-size to very large gold projects. Collectively retaining over a century of relevant experience, Zoro’s leadership has the expertise…

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