Blog - Page 3896 of 5559

MondayNov 09, 2009 10:54 am

General Steel Holdings Inc. (GSI) Beats Estimates by 100%, Looks to Capitalize Further on Internal Chinese Infrastructure Development

In past posts, a discussion about " hitting 'em where they ain't" has been going on. Generally, as the economy and equities take hold once again, this is a solid perspective to consider for profit. There are, however, a few common realities to also consider. What is happening now on the ground, so-to-speak, cannot be ignored. China’s spending of its stimulus monies happens to be one of these realities. While the US and Europe are somewhat constrained by political issues, China is not. The Chinese government works quick and decisively. If it wants domestic spending for infrastructure development, it gets…

MondayNov 09, 2009 10:49 am

Ocean Power Technologies (OPTT) Captures $66.5M Grant to Develop Wave Power

Ocean Power Technologies (Australasia) Pty Ltd (OPTA), a subsidiary of Ocean Power Technologies, Inc., announced on Friday, November 6, the award of a grant from the Federal Government of Australia (FGA). This grant to OPTA, in partnership with Leighton Contractors Pty Ltd (Leighton), is for $66.46M to build a wave power project off the Australian coastline near Victoria, expected to generate power in the 19-megawatt (MW) range. This project is the sole wave power-based item among four renewable energy projects awarded funding by the FGA. OPTA and Leighton have formed a special-purpose company, Victorian Wave Partners Pty Ltd, via a…

MondayNov 09, 2009 9:40 am

Clear Channel Outdoor Holdings, Inc. (CCO) Adds Debbie Reichig to SVP of Business Development and Marketing

Clear Channel Outdoor Holdings, Inc. has gained a stellar reputation in the marketplace as the world’s largest outdoor advertising company with close to one million displays. Clear Channel has a vast global reach with these displays, not only in the United States, but also in over 50 countries across 5 continents. Today, Clear Channel took a major step towards enhancing their future with the announcement that Debbie Reichig will be added to their team to serve in the capacity of Senior Vice President of Sales and Marketing. Reichig is a veteran in the industry and gained notoriety when she was…

MondayNov 09, 2009 9:29 am

Chindex International, Inc. (CHDX) Reports Profit for Second Fiscal Quarter

Chindex International, Inc. reported net income of $538,000 or $0.03 per share, in its second fiscal quarter of 2010. This was down sharply from the $862,000 or $0.05, reported in the same quarter last year. Revenues for the quarter were $38.1 million, approximately equal to last year’s second fiscal quarter. Roberta Lipson, the CEO of Chindex International, Inc., said, “Our second quarter reflects continued growth in the Healthcare Services division, offset by disruption related to construction at our Beijing facility…As we enter the back half of the fiscal year, we remain extremely well-positioned to capitalize on China's premium-quality healthcare services…

MondayNov 09, 2009 9:27 am

AdvanSource Biomaterials Corporation (ASB) Files Patent for Newly Launched ChronoSil Polymer Product

AdvanSource Biomaterials Corp., a leading developer and manufacturer of advanced polymer materials that provide critical characteristics in the design and development of medical devices, recently announced that the company has filed a patent for its newly launched ChronoSil polymer product, a silicone-urethane copolymer. The company’s biomaterials are used in devices that are designed for treating a broad range of anatomical sites and disease states. The ChronoSil product family maintains the inherent benefits of a polycarbonate-based urethane combined with silicone’s industry-recognized advantages, including heightened elongation, superior elasticity and a low coefficient of friction. “We were pleased to announce our new biomaterial…

MondayNov 09, 2009 9:24 am

Solar Energy Initiatives, Inc. (SNRY.OB) Secures Land to Build a 100 Megawatt Solar Park

Solar Energy Initiatives, Inc. announced this morning before the opening bell that the company’s wholly owned subsidiary, Solar Park Initiatives, signed a contract to secure land for the design, construction and operation of a solar park in California. Solar Park Initiatives will be responsible for providing engineering, permitting, construction, operations and maintenance as well as obtaining the financing of the solar park, while Solar Energy Initiatives will procure the solar panels and balance of system for the project. According to the press release, Solar Park Initiatives will begin preliminary work, including zoning, permitting, EPA approvals and other activities, immediately with…

MondayNov 09, 2009 9:20 am

Diamond Hill Investment Group, Inc. (DHIL) Reports Third Quarter Results

Diamond Hill Investment Group, Inc. last week reported net income of $3.20 million, or $1.23 per diluted share, for the quarter ending 9/30/09. These results were up strongly from the $1.22 million, or $0.50 per diluted share, reported in the same quarter of 2008. The management of Diamond Hill Investment Group, Inc. attributed the results to a positive investment return of $2.0 million during the quarter. Ric Dillon, the President, said, "Our primary business objective is to fulfill our fiduciary responsibility to our clients by achieving excellent long term investment returns. I am pleased that our strategies have generally outperformed…

MondayNov 09, 2009 9:18 am

Solar Energy Initiatives, Inc. (SNRY.OB) Announces QualityStocks Coverage

Solar Energy Initiatives, Inc. announced they will be featured in upcoming Daily Newsletters, Daily Blogs, and Message Boards. QualityStocks has over 750,000 subscribers to The Daily Stock Newsletter, which is a free service that collects data from hundreds of Small-Cap and Micro-Cap online Investment Newsletters and puts it all into one Free Daily Newsletter Report. Solar Energy Initiatives, Inc. is focused on executing a grass roots campaign, “RENEW THE NATION”, to help redeploy a portion of the U.S. work force while reducing the world’s dependence on fossil fuels. With an extensive background in solar energy, the company’s team and affiliates…

FridayNov 06, 2009 4:19 pm

Lion Energy, Southern Star Energy (SSEY.OB), Gold Star Resources Fuse to Create Combined Company with Promising Growth Opportunities

Lion Energy Corp. is a Canadian exploration company focused on the acquisition, exploration and development of oil and gas reserves in Central and East Africa. The company today made a joint announcement with Southern Star Energy Inc. (SSEY.OB), a U.S.- based oil and gas exploration company, and Gold Star Resources Corp. (TSX-V: GXX), a Canadian resource exploration company focused on the strategic acquisition and advancement of prospective oil and gas projects in West Africa, stating that the three companies have signed a non-binding letter of intent to create a mid-sized, “well-capitalized” company with domestic and international exploration operations. The proposed…

FridayNov 06, 2009 1:13 pm

VIASPACE, Inc. (VSPC.OB) Subsidiary Ionfinity Captivates Mass Spectrometry Market

Ionfinity is an expert in commercializing emergent technologies via strong partnerships with the U.S. Department of the Army, the Department of the Navy, and the Air Force (USAF). A subsidiary of the VIASPACE family, Ionfinity is a pioneer in bleeding-edge Mass Spectrometry (MS), a technology which allows for real-time sampling and analysis of trace amounts of a substance. Ionfinity enjoys a continuous relationship of development with the National Aeronautical and Space Administration (NASA), NASA's Jet Propulsion Laboratory (JPL), and the California Institute of Technology (Caltech). Ionfinity also maintains partner programs with General Dynamics Corp., Imaginative Technologies LLC., and Sionex Corporation.…

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