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FridayJan 15, 2010 9:33 am

GSC Investment Corp. (GNV) Reports Investment Gain in Third Fiscal Quarter

GSC Investment Corp. reported net investment income of $0.9 million, or $0.10 per share, in its third fiscal quarter ending 11/30/2009. The company also reported a strong gain on investments of $8.3 million, or $0.91 per share, during the quarter. For the first nine months of the fiscal year, the company reported net investment income of $4.5 million. GSC Investment Corp. said that most of the gain was due to unrealized appreciation in its net assets, which ended the quarter at $3.80 per share, down from $6.91 per share in the previous quarter. The large decline in net asset value…

FridayJan 15, 2010 9:30 am

InfoSpi Inc. (ISPI.OB) to Finalize Lease Negotiations

InfoSpi Inc. recently announced that it is currently working towards finalizing negotiations to lease a 40,000 square feet warehouse with railroad access in Pompano Beach, Florida. The warehouse will be used to install InfoSpi's first Tire to Oil (T2O) facility – a milestone in the development of the project. Chris Hamilton, CEO of InfoSpi, commented, "Our ability to convert over 1,000,000 -used tires in each of our facilities into much needed re-useable commodities is exciting.” The facility will be capable of processing 30 tons of used tires per day, recovering oil, carbon black and high-grade steel. The company plans to…

FridayJan 15, 2010 9:29 am

Target (TGT) Reinstates $10 Billion Share Repurchasing Program as Business Improves

Target Corp., an upscale discounter that provides high-quality, on-trend merchandise, recently announced that the company will resume a $10 billion share buyback program due to improving operations. In an effort to preserve cash during what the company considered “an exceptionally challenging environment,” Target halted its stock repurchase plan in November 2008. At the end of the third quarter of 2009, Target had acquired 95.2 million shares for approximately $4.9 billion, equivalent to half of the amount authorized by the company's board in late 2007. The company’s executive management team hopes to complete the buyback program over the next two to…

FridayJan 15, 2010 9:27 am

AlumiFuel Power Corp. (AFPW.OB) Subsidiary to Display PBIS-1000 at American Meteorological Society Conference

AlumiFuel Power Inc., a subsidiary of AlumiFuel Power Corporation (OTCBB: AFPW), is an early production stage alternative energy company that generates hydrogen gas and superheated steam through the chemical reaction of aluminum, water and proprietary additives. This technology is ideally suited for niche applications requiring on-site, on-demand fuel sources. The company announced today that it will be displaying its first production unit lift gas hydrogen generator, the PBIS-1000, at the American Meteorological Society annual meeting in Atlanta, Georgia, January 18-19, 2010. The unit will be displayed at the booth of Kaymont Consolidated, the world's largest weather balloon distributor. Kaymont is…

ThursdayJan 14, 2010 3:59 pm

Global Entertainment Corporation (GNTP.OB) Posts Positive FY2010 Q2 Results, Anticipates Continued Growth for Calendar 2010

Global Entertainment Corporation engages in sports management, arena and related real estate development, venue management, venue ticketing and branded licensing. The company today reported its fiscal 2010 second-quarter results for the period ended November 30, 2009, reflecting growth above prior-year results. For the second quarter of fiscal 2010, Global Entertainment posted net income from continuing operations at $0.03 million, or $0.00 per share, up from a net loss of $0.3 million, or $0.04 per share in the same quarter ended November 30, 2008. Revenue for the second quarter of fiscal 2010 increased 3.2 percent to $3.3 million compared to revenue…

ThursdayJan 14, 2010 3:12 pm

Consorteum Holdings Inc. (CSRH.OB) Up 700% for the Week on Massive Volume!

Consorteum Holdings, Inc. has already traded over 3.3 million shares so far today! The stock is currently trading at $0.0725, up 141.67% from yesterday’s close. Earlier today, the stock went as high as $0.08, a 700% gain from the beginning of this week! On Tuesday, Consorteum announced that it reached an agreement with a private investor to settle an outstanding investment loan. The investor agreed to accept 1,500,000 shares at a price of 0.20 per share as settlement for their $300,000 investment loan. With shares still trading at less than a dime, the exchange was completed at a substantial premium…

ThursdayJan 14, 2010 2:47 pm

SwissINSO Holding, Inc. (SWHN.OB) Launches Solar Powered Water Filtration System

Today, SwissINSO Holding Inc. announced the launch of the company’s unique solar solution to combat an increasing number of worldwide drinking water shortages. The water purification units, powered by solar energy, employ cost-effective and cutting-edge patented technologies to achieve their end result. The units’ performance capacity and life expectancy far surpass other solutions due to innovative reverse osmosis membrane filtration technology. The technology is environmentally friendly and the units are self-sufficient, whose operation does not require pulling power from local grids. In regions of the world where reliable electricity supplies are either unavailable or insufficient, this aspect greatly benefits the…

ThursdayJan 14, 2010 2:37 pm

Basic Materials Quietly Start a Climb-back

As an investor goes about the process of investigating the basic materials sector they should be aware that there are many forms of basic materials. Gold, silver and oil are only the most recognizable of these materials. There are many materials that one may never have even thought of as an investment opportunity. Among these opportunities are a steel additive called molybdenum, lumber, and materials used in concrete. The general concept is to consider the wide range of basic materials and how they are used within the world economy. There is quite a bit of information regarding a little known…

ThursdayJan 14, 2010 2:16 pm

NetSol Technologies, Inc. (NTWK) is Rising in the East

NetSol Technologies Inc., a global provider of financial and other enterprise software solutions and business services, has offices on five continents, but nowhere more important than its increasing operations in the Middle and Far East (Asia/Pacific) regions. In these critical parts of the world, NetSol Technologies Limited has become well known for providing leading-edge IT and consulting services, including: • Systems integration • Technology outsourcing • Customized application development • IT consultancy and BPR • Information security • Business intelligence • Software process improvement and quality engineering • Product based solutions • Defense solutions In particular, the company offers the…

ThursdayJan 14, 2010 1:32 pm

Beacon Equity Research Featured Company: The OLB Group, Inc. (OLBG.OB)

The OLB Group, Inc. is an e-commerce service provider focused on delivering fully outsourced private label shopping solutions. Providing clients with a seamless, end-to-end e-commerce solution, including site creation, hosting, transaction processing, order fulfillment, customer service, and sales reporting, their platform enables customized product content to meet the needs of online users. The company’s private label shopping site is designed to maintain the unique look and feel of their customer's website, providing seamless e-commerce functionality that keeps users on the shopping site at all times. Order fulfillment and customer service are also provided under the brand names of their clients.…

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