Blog - Page 3916 of 5177

TuesdayOct 07, 2008 6:00 am

i2Telecom Intl., Inc. (ITUI.OB) Welcomes Tom Murphy to Its Advisory Board

i2Telecom International, Inc. (OTCBB: ITUI), a developer of mobile phone applications, announced that Tom Murphy has joined its advisory board. Murphy has 22 years of experience with Sprint, including the position of vice president of consumer sales and sales operations. With an $80 million budget, two million accounts annually and $1.8 billion in yearly revenue, he was responsible for all consumer sales operations for the Sprint National Consumer Organization, including Sprint’s Sales Centers and all vendor operations for voice services and broadband products. “After 22 years in the wireless space, I am extremely impressed with the opportunity that i2Telecom’s MyGlobalTalk…

TuesdayOct 07, 2008 5:56 am

U.S. Shipping Partners L.P. (USS): Transporting for Shareholder Value

Headquartered in Edison, New Jersey, U.S. Shipping Partners L.P. is a leading provider of long-haul marine transportation services. Trading on the New York Stock Exchange, they engage in this transportation primarily for refined petroleum products, petrochemical, and commodity chemical products. The company began their operations in 2002 and went public on November 3, 2004. The partnership employs approximately 40 shore staff and 400 fleet personnel. The partnership's main strategies are to operate their fleet safely and efficiently to meet customer and industry standards, and to remain a preferred supplier to major oil and chemical companies. They also seek to contract…

TuesdayOct 07, 2008 5:45 am

North Bay Resources, Inc. (NBRI.PK) Updates Shareholders

Yesterday, North Bay Resources updated the investment community by discussing its Q3 earnings report as well as recent highlights. For the third quarter, the company generated a profit of nearly $2.2 million, marking the third consecutive quarter of profitability. Year-to-date as of yesterday, North Bay had revenue of $52,482.72 and an operational profit of $3,294.32 for the past nine months. During the recently ended quarter, the company entered into an asset-based funding program with an investment bank to raise funds for property development, and has been given an initial $10,000 payment to counterbalance maintenance expenditures on the properties involved. North Bay…

TuesdayOct 07, 2008 4:03 am

AgFeed Industries Inc. (FEED): Helping Put Food on China’s Dinner Tables

AgFeed Industries (FEED) produces and sells fodder and blended feed for use in the domestic animal husbandry markets in China. The company also raises hogs for China's pork industry and manufactures premixed poultry food products. AgFeed has production facilities in Shanghai, Nanchang and Nanning, and over 20 hog farms in southern China. AgFeed has been acquisitive to add to its bottom line and gain market share, making several acquisitions earlier this year in China. China, the world's largest country by population, is also one of the largest pork markets in the world. On Monday, the company announced a $10-million share…

MondayOct 06, 2008 6:54 pm

Royal Gold, Inc. (RGLD) Completes Acquisition of Royalty Portfolio from Barrick Gold Corporation

Royal Gold, Inc. (RGLD) is a precious metals royalty company engaged in the acquisition and management of precious metals royalty interests. The company’s portfolio provides investors with a unique opportunity to capture value in the precious metals sector without incurring many of the risks associated with mining operations such as capital costs, operating costs, and environmental liabilities. Royal owns a large portfolio of active, developing and exploration-style royalties located in some of the world’s most prolific gold regions. The company recently announced the closing of its acquisition of the royalty portfolio from Barrick Gold Corporation effective October 1, 2008. Consideration…

MondayOct 06, 2008 6:53 pm

Building a shopping list for the Eventual Turnaround

The Dow Jones Industrial Average closed below 10,000 today for the first time in four years. The sell-off has been particularly brutal among stocks leveraged to commodities and the global growth story, with most names down over 60% since oil peaked in July, and many hitting multi-year lows. This summer’s surge in resources was mainly fueled by the thesis that the ranks of the world’s middle class are swelling in the developing world, and that these newly affluent people will hunger for materials. If you believe that this macro long-term trend remains intact, and that the current financial crisis amounts…

MondayOct 06, 2008 4:13 pm

Hybrid Technologies, Inc. (HYBR.OB) Impresses Hollywood Celebrities with Electric-Powered Vehicles

Today, after the bell, Hybrid Technologies proudly announced that they took the spotlight at the recent, pre-Emmy Gifting Suite in Hollywood. The company’s LiV(TM) FLASH, a 100% lithium powered version of the BMW Mini Cooper, was the first electric vehicle to be featured at the event held by GBK Productions. According to the company, dazzled celebrities included Nancy Cartwright, the voice of Bart Simpson, who said, “You Dude, Go Electric!” Isaiah Washington was shocked, asking, “It’s all Electric?” Emmy-award-winning actress Jean Smart couldn’t wait to tell her son about the company’s lithium-powered vehicles. More than 50 celebrities signed the Hybrid…

MondayOct 06, 2008 3:48 pm

Quantum Fuel Systems Technologies Worldwide Inc. (QTWW) Deploys Hybrid Electric Vehicles for U.S. Military Use

Alternative energy company Quantum Fuel Systems Technologies Worldwide Inc. (Nasdaq: QTWW) announced its hybrid electric vehicle expertise will be used by the U.S. Army Tank Automotive Research Development and Engineering Center (TARDEC) for deployment at the Selfridge Air National Guard Base (SANGB). Quantum has designed, developed and shipped a new generation of hybrid electric vehicles powered by hydrogen internal combustion engines. The vehicles will be used as part of a larger project involving TARDEC joint service partners around the country. For the Army, the deployment means a shipment of vehicles designed to reduce emissions and the opportunity to verify and…

MondayOct 06, 2008 3:47 pm

IMAX Corp. (IMAX) Extends Line of Credit to Rollout Additional IMAX Theatres

IMAX Corporation (Nasdaq: IMAX) is one of the world’s leading entertainment technology companies, specializing in immersive motion picture technologies. The company has a global reach, operating 302 IMAX theatres in 40 countries. The company today announced a revolving line of credit which will enable the company to move forward with its expansion plans. The company today announced a $10-million revolving letter of credit (LC) facility with Bank of Montreal, which will replace its current $5 million LC facility with the same bank. When combined with its current $40 million credit facility, this cash injection will allow the company to launch…

MondayOct 06, 2008 3:41 pm

October 6th CEOcast Weekly Newsletter

Companies featured in the current edition of the newsletter: ACCY, CETG, CGXP, DRGP, ETGF, GSPG, HYTM, ICLK, ITUI, PFOB, PLKH, SWYV, TAGS, VYTR. It was the kind of week that sent investors running for cover as the markets first sold off after the House of Representatives initially rejected the bailout package on Monday and then sold off again after the Congress approved the revised plan on Friday. The Dow Jones Industrial Average lost 818 points for the week, increasing its year to date loss to 22.2%. The Nasdaq dropped 236 points, giving it a year to date loss of 26.6%.…

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