Blog - Page 3920 of 5628

TuesdayDec 29, 2009 9:08 am

Retailers and Shoppers Observe Low Inventory in the Holiday Season Aftermath

With the year’s busiest retail season winding down, stores are reporting thin inventories after coming out of Christmas with slightly better-than-expected sales. Some retailers have reported that keeping inventory levels low has resulted in ordering new merchandise to restock shelves, usually rare this soon after the holiday season. While this trend is good news for their bottom lines, it means slim pickings for shoppers hoping for after-Christmas clearance sales. NPD analyst Marshal Cohen observed, "Retailers are much more nimble this year. Their 'Plan B' is to have new receipts at the ready." Cohen noted that J. Crew and Coach, among…

TuesdayDec 29, 2009 9:03 am

Guanwei Recycling Corp. (GURC.OB) Changes Name and Ticker

Guanwei Recycling Corp. (GURC.OB), formerly MD Holdings Corp. (MDHO.OB), a fast growing plastics recycler based in Fujian Province in China, has announced yesterday that its shares will immediately begin trading on the OTC Bulletin Board with a new stock symbol: GURC. The move follows the company’s name change last week from MD Holdings Corp. to Guanwei Recycling Corp. Guanwei has grown rapidly, producing recyclable Low Density Polyethylene (LDPE) from plastic waste procured from Europe. It is now China’s largest manufacturer of LDPE, selling to more than 200 manufacturers in more than 10 industries in China, including the construction industry where…

TuesdayDec 29, 2009 8:57 am

Simulated Environment Concepts, Inc. (SMEV.PK) Working Closely with Business Consultancy Firm, AJENE WATSON, LLC to Prepare for 2010

Simulated Environment Concepts, Inc. today announced in a press release that the company anticipates their retaining of the AJENE WATSON, LLC, New York private lending and financial business development and management firm, will help the company reposition itself within the marketplace as it looks forward to a prosperous 2010. "It is our expectation that under the guidance of AJENE WATSON, LLC, our company will achieve the success imagined when we first began nearly 10 years ago," stated Dr. Ella Frenkel, Chairwoman and CEO of Simulated Environment Concepts, Inc., makers of SpaCapsule. The company was founded with the purpose of designing…

TuesdayDec 29, 2009 8:44 am

Euro Tech Holdings Company Ltd. (CLWT) Reports Financial Results

Euro Tech Holdings Company Limited reported net income of $11,000 for the six-month period ending June 30, 2009. This was up from net income of $4,000 reported in the same period in 2008. The company reported revenues of $14.1 million, a 5.1% increase from the $13.4 million reported in the same period of 2008. Euro Tech Holdings Company Limited had a solid balance sheet with cash and equivalents of $6.6 million, with no short or long-term debt. T.C. Leung, the CEO of Euro Tech Holdings Company Limited, said, “China could not escape the impact of the global financial crisis, 2009…

TuesdayDec 29, 2009 8:33 am

Muscle Flex, Inc.’s (MFLI.PK) Executive Interview Featuring CEO and Founder Danny Alex

Muscle Flex Inc., the leading-edge fitness, health and lifestyle company, announced last month a new executive interview with Stockguru.com featuring Muscle Flex CEO, founder and colorful television spokesman – Danny Alex. Mr. Alex, discusses his vision for Muscle Flex, some of its current and future product releases as well as a number of other items with John Pentony of Stockguru.com. There are some very exciting things happening right now at Muscle Flex such as the company's recent launch of its new corporate website at www.MuscleFlexInc.com. The company is also launching a new product – the Muscle Flex Beagle StepFit Pedometer…

MondayDec 28, 2009 3:46 pm

December 28th CEOcast Weekly Newsletter

Companies featured in this edition of the newsletter: NWCI, PSID, XCR, XSNX Markets sailed to fresh highs for ’09 during this holiday shortened week, largely on the strength of better than expected data from the housing sector and news that labor markets had shed their lowest number of jobs since the fall of 2008, which helped lead all the major indices into positive territory after consecutive weeks of mixed finishes. All told, the Dow ended the week up 1.9%, gaining 191 points to close at 10520, extending its yearly gains to 19.9%. The Nasdaq posted a strong 3.3% gain on…

MondayDec 28, 2009 2:32 pm

NuMobile, Inc. (NUBL.OB) Provides Shareholders a Preview of 2010 Strategic Initiatives

Today, NuMobile, Inc. released a letter to shareholders from Philip Verges, the CEO and founder of NewMarket Technology, Inc. (NWMT.PK). NuMobile was the first company to join NewMarket’s newly introduced Greenfield Partnership Program. According to the press release, the program is an important aspect of NuMobile's strategy. The company is scheduled to participate in the NewMarket Virtual Town Hall on January 22, 2010. The shareholder letter previews the Virtual Town Hall agenda and is included below. Dear Shareholders, This has been a big year at NuMobile, and in turn, a big year for NewMarket's Greenfield Program. NuMobile is NewMarket's inaugural…

MondayDec 28, 2009 2:03 pm

Newport Digital Technologies, Inc. (NPDT.OB) Offers World-Class Technological Expertise

Newport Digital Technologies Inc. offers a rich portfolio of expertise in five technological areas: RFID (Radio-Frequency Identification), Digital Signage, WiMAX (including eLearning), VoIP, and Security & Surveillance. Newport Digital brings together their world-class technological expertise and creativity to design and implement solutions tailored to meet specific customer requirements for increasingly sophisticated and intelligent applications. The company's technological edge comes from a synergistic and exclusive partnership with Taiwan's premier technology incubators – the Institute for Information Industry (III) and the Industrial Technology Research Institute (IIRI). Newport Digital works with these Taiwanese institutions to develop and customize their advanced technologies to meet…

MondayDec 28, 2009 1:58 pm

QualityStocks Newsletter Featured Stock: Technest Holdings, Inc. (TCNH.OB) Up 52.5% Today to a New 52-Week High

Technest Holdings Inc.’s shares are up 52.5% today to a price of $0.61 per share. The stock, on solid trading volume in excess of 160,000 shares, has easily surpassed its prior 52-week high of $0.51 a share. In fact, the stock traded as high as $0.674 a share earlier today. Technest Holdings was initially mentioned in QualityStocks FREE Daily Newsletter November 2, 2009 when it was trading for $0.42 a share. That is a nice near 50% move in less than two months! Technest Holdings is a provider of advanced remote sensor systems, intelligent surveillance and advanced 3D imaging technology…

MondayDec 28, 2009 12:49 pm

Axion Power International Inc. (AXPW.OB) Awarded $248,650 to Deploy its PowerCube™ Battery Storage System for Smart Grid Technology

Axion Power International Inc. announced today an exciting opportunity to further capitalize on its proprietary lead-carbon PbC® battery technology by developing the Axion PowerCube™ under a $248,650 grant from the Pennsylvania Energy Development Authority. The PowerCube system is part of a 500-kilowatt installation to be deployed at Axion's New Castle manufacturing plant. Chief in its design is abundant use of AXPM’s PbC technology featuring tight integration with a Smart Grid electrical system, as well as a solar-powered or wind-powered electrical vehicle charging station. Governor Edward G. Rendell declared that the PowerCube represented exactly the kind of "innovative green energy project”…

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