Blog - Page 3896 of 5596

ThursdayDec 17, 2009 12:24 pm

Leading Indicators May Be a Sign that Economy will Grow in 2010

A private research group known as The Conference Board was quoted as saying there could be an economic rebound that will grow into 2010. Thomas Reuters has expected a 0.7 percent increase but the Conference Board said its index of leading economic indicators rose 0.9 percent last month, a number that soared past the 0.3 percent in October and clearly surpassed the Thomas Reuters expectation. Improvements in financial conditions, building permits for homes and the labor market boosted the index last month according to Conference Board economist Ataman Ozyildrim. The Conference Board said six of the 10 indicators it uses…

ThursdayDec 17, 2009 12:18 pm

Medizone International (MZEI.OB) Outlines Plans For AsepticSureTM

Medizone International, Inc., a research and development company specializing in technologies to decontaminate and sterilize rooms for hospitals, schools, and other critical infrastructure, today outlined plans for its AsepticSureTM ozone based sterilization system. Medizone chairman and CEO, Edwin Marshall, spoke extensively about the technology’s promise, based upon test results, and how the company plans to move forward with its development: “Our laboratory expansion at Medizone's dedicated research facility located in Innovation Park at Queen's University in Kingston, Ontario, Canada has now been completed. Full scale-up testing is scheduled to commence there in January, following the holidays. Our laboratory results continue…

ThursdayDec 17, 2009 11:50 am

CVD Equipment Corp. (CVV) Maintains Solid Profit Margins in Difficult Times

There are certain parts of manufacturing that are often overlooked; the individual steps of making a component go without thought. This idea does not need to be a real thought for a consumer, but one that can lead to profit if one simply knows that it is happening. CVD Equipment Corp., a manufacturer of gas dispersion equipment, works to manufacture, sell and market equipment designed to accurately distribute gases for electrical components. The company's prime market customer is the semiconductor sector, although it does offer its equipment for glass, solar cells and other products that require fine controlled coatings for…

ThursdayDec 17, 2009 11:41 am

Revolutions Medical Corp. (RMCP.OB) Offers Proprietary MRI Technology as Solution to Recently Revealed Cancer Risks Associated with CT Scans

Revolutions Medical Corporation, well known for their innovative medical technologies like the RevVac safety syringe, RevDisplay, RevColor, and the industry-standard setting Rev3D MRI technology, addressed recent mass media reports implicating CT scans as a major cause of cancer today, Thursday, December 17. This devastating news is nothing short of revolutionary for MRI developers like RevMed, whose technology is free from the risks associated with CT scans. According to two new studies published Monday by the Archives of Internal Medicine, computerized tomography or CT, which uses radiation to map tissues systems in a non-invasive fashion, puts patients at substantial risk for…

ThursdayDec 17, 2009 11:32 am

Wollemi Mining Corp. Changes Name to Pacific Bepure Industry Inc. (PBEP.OB)

Sometimes change is good. This is the philosophy of Pacific Bepure Industry. If you haven’t heard of Pacific Bepure, you may have heard of Wollemi Mining Corporation (OTCBB: WOLI). Pacific Bepure changed its name from Wollemi to reflect their current business of designing, manufacturing and selling their unique brand of moderately priced footwear which has caught the attention of customers (primary females) across the globe. Leading the way at Pacific Bepure Industry is Haitin Li who serves as their Chairman and CEO. Li is a renowned veteran in his field and has helped the young company evolve to the verge…

ThursdayDec 17, 2009 10:36 am

eDoorways Corp. (EDWY.PK) and ISTEC Edge Closer to International Partnership; Possible Exposure to Over 20 Million Online Users

eDoorways Corp. today announced that it has increased the potential of immediate exposure to over 20 million online users throughout other regions of the world, particularly Latin America, Spain and Portugal, through a consulting agreement the company has signed with Professor Ramiro Jordan, founder of ISTEC (Ibero-American Science and Technology Education Consortium), adding him to the company's Leadership Team. Gary Kimmons, Chairman & CEO of eDoorways Corporation, stated, "The potential of eDoorways in Latin America and the Iberos is huge. Professor Jordan's research focuses on multidimensional signal processing, wired and wireless communications, embedded systems and entrepreneurship, which are all of…

ThursdayDec 17, 2009 8:57 am

Fed to Keep Rates at Record Low for an “Extended Period”

Earlier this week, the Federal Reserve pledged to keep interest rates at a record low in an effort to decrease the nation’s double-digit unemployment rate and maintain the slow economic recovery. Chairman Ben Bernanke noted that consumer spending remains sluggish and companies are still wary of hiring so the Fed vowed to keep interest rates at the current range of zero to 0.25 percent for an “extended period.” The Fed said it has the ability to hold rates at this super-low level because inflation is expected to remain subdued for some time. The current super-low interest rates are helpful for…

ThursdayDec 17, 2009 8:55 am

The Steak n Shake Company (SNS) Reports Strong Fourth Quarter

The Steak n Shake Company reported net income of $3.4 million, or $0.21 per share, in the fourth quarter of fiscal 2009. This was a strong improvement from the net loss of $9.2 million, or $0.32 per share, in the same quarter last year. The Steak n Shake Company also saw a recovery of traffic due to an upturn in the economy. The company reported a same-store sales increase of 10% in the fourth quarter of 2009 over the fourth quarter of fiscal 2008. The Steak n Shake Company reported cash and equivalents of $51.4 million as of 9/30/2009, compared…

ThursdayDec 17, 2009 8:52 am

Mattson Technology, Inc. (MTSN) Receives Multiple Orders from Prominent Semiconductor Foundry

Yesterday, leading semiconductor product supplier, Mattson Technology, Inc., announced that a prominent Asia-based semiconductor foundry has placed multiple orders for the company’s Suprema® photoresist strip system. Mattson noted that the Suprema systems will be used for all dry strip applications including one of the most difficult processes, high dose implant strip (HDIS). The tool shipments, starting in the current quarter, will continue into the first half of 2010. Mattson Technology designs, manufactures and markets semiconductor wafer processing equipment for use in the fabrication of integrated circuits. The company supplies plasma and rapid thermal processing equipment to the global semiconductor industry.…

WednesdayDec 16, 2009 3:34 pm

Solar Energy Initiatives Inc. (SNRY.OB) Posts Q1 2010 Results, Reporting 321% YoY Revenue Increase

Solar Energy Initiatives Inc. today announced a triple-digit increase in year-over-year revenue, reinforcing the importance of its mission of reducing the world’s dependence on fossil fuels through the sale of solar thermal and photovoltaic (PV) technologies. Solar Energy reported $1.0 million in revenue for the first fiscal quarter of 2010 (ended October 31, 2009), a 321 percent increase in year-over-year revenue. The company said project expansion and strategic agreements with several entities got the company on track to achieve its goals and provide optimism for the upcoming year. “Solar Energy Initiatives believes that the Company has established a strong foundation…

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