Blog - Page 3943 of 5589

FridayOct 23, 2009 8:07 am

Akeena Solar Inc. (AKNS) Posts Q3 Results, Increase in Residential Solar Installations

Akeena Solar Inc., a leading designer and installer of solar power systems in the United States, yesterday posted its third-quarter results for the three months ended September 30, 2009, reflecting growth and continued demand in residential applications. The company reported net sales at $7.7 million as compared to $10.6 million for the same quarter last year, up from $5.9 million in the second quarter of 2009. The company attributes the year-on-year decline to the credit crunch and global overbearing economic conditions. However, the increase in net sales from the second quarter reflects higher residential sales. "Our third-quarter results demonstrate the…

FridayOct 23, 2009 7:34 am

A Long Look at the National Debt

Short-Term Deficits Pale in Comparison to Unfunded Liabilities on the Horizon Dwindling U.S. economic activity and accelerating government spending resulted in a record $455 billion federal budget deficit for fiscal year 2008. During the same trying period, the total national debt increased to about $10 trillion, and the forecast for 2009 was for an even larger deficit and more government borrowing. As the numbers continue to escalate, how can we put the magnitude of the current national debt in perspective? Are there risks involved when government pushes the payment of its obligations into the future? And could it be that…

FridayOct 23, 2009 7:34 am

Municipal Haste

The administration has stated that it intends to raise tax rates on people with incomes in the highest tax brackets in order to finance programs such as health-care reform. The current top federal income tax rate of 35% is low by historical standards but is scheduled to revert to its original 39.6% rate after 2010. Meanwhile, the national debt is $11 trillion and growing, and the federal government is facing more than $40 trillion in unfunded entitlement obligations for Medicare and Social Security. When you consider these staggering figures plus the hundreds of billions of dollars that the government is…

ThursdayOct 22, 2009 3:26 pm

Royale Energy Inc. (ROYL) is “One to Watch”

Founded in 1986, Royale Energy, Inc. is an independent energy company with headquarters in San Diego, California. They focus on the development, acquisition, exploration, and production of natural gas and oil in California, Texas, and the Rocky Mountains. For more than 20 years, the Company has been a leading independent producer of oil and natural gas. Royale Energy Inc. trades on the OTC Bulletin Board. The Company's main lines of business include the production and sale of natural gas and oil, and the acquisition of oil and gas interests and proved reserves. Their business also includes drilling of exploratory and…

ThursdayOct 22, 2009 3:18 pm

Symmetricom, Inc. (SYMM) is “One to Watch”

With headquarters in San Jose, California, Symmetricom, Inc. supplies timing and synchronization hardware, software, and services to industry, government, utilities, research centers, and aerospace markets worldwide. Trading on the NASDAQ Global Market, the Company operates in two divisions: Telecom Solutions and Timing, Test, and Measurement. Symmetricom products provide the precise time, frequency, and synchronization signals required by a network of GPS satellites. Worldwide, the international timescale is set to sub atomic precision using Symmetricom frequency reference. The Company's timing solutions are critical to radio navigation in coastal waters, deployment of missiles, and the seamless delivery of voice, data, and video…

ThursdayOct 22, 2009 3:14 pm

Axesstel, Inc. (AXST.OB) Announces Distribution Agreement with Quality One Wireless

Axesstel, Inc., a leader in the design and development of fixed wireless voice and broadband data products, announced this morning that it has entered a distribution agreement with Quality One Wireless. Quality One has agreed to distribute Axesstel's select portfolio of fixed wireless voice and broadband data products through its extensive network of multiple affiliate companies in the wireless device sales, service, and distribution industry throughout North America. "In 2009, we have actively pursued business in North America, particularly in U.S. rural markets where broadband connectivity rates are well below the national average," said Clark Hickock, chief executive officer for…

ThursdayOct 22, 2009 1:46 pm

Puramed Bioscience Inc. (PMBS.OB) Up 50% Today

Puramed Bioscience Inc. is currently trading at $1.50 per share, up $0.50 or 50%, on volume of about 50,000 shares. The stock, which hit a high of $1.99 earlier today, was mentioned about six months ago – April 2, 2009 – to be exact in the FREE Daily Newsletter from QualityStocks. At the time, Puramed Bioscience's stock was trading for only 8 cents a share! For investors who jumped aboard at that time, they have seen their holding multiply by nearly 19 times! Puramed Bioscience engages in the research, development and marketing of non-prescription products. The company's leading product is…

ThursdayOct 22, 2009 1:38 pm

Encorium Group Inc. (ENCO) is “One to Watch”

Encorium Group Inc. is a full-service multinational contract research organization (CRO). They provide design, development, and management capabilities for clinical trials and patient registries. They do this for many of the world's leading pharmaceutical companies. Trading on the NASDAQ Capital Market, Encorium Group Inc. has offices in 10 countries, managing clinical trials with their own employees. The Company's corporate headquarters are in Wayne, Pennsylvania. Encorium Group, Inc. provides their services to the pharmaceutical, biotechnology, and medical device industries. Their corporate mission is to provide their clients with high quality, full-service support for their biopharmaceutical and medical device development programs. They…

ThursdayOct 22, 2009 12:55 pm

eDoorways Corp. (EDWY.PK) Granted Key Role at XVIIth ISTEC General Assembly

eDoorways Corporation announced this afternoon that it will be playing an integral role at the Ibero-American Science and Technology Education Center (ISTEC) XVIIth annual General Assembly, held the week of October 26 - 30, 2009, on the Campus of the University of New Mexico (UNM) in Albuquerque, NM - USA. Not only will eDoorways co-sponsor the event, but its officers will deliver keynote presentations on Tuesday, October 27, and Wednesday, October 28. Gary Kimmons, Chairman & CEO of eDoorways Corporation, stated, "This is a very important event for ISTEC and for eDoorways and the beginning of a partnership between us.…

ThursdayOct 22, 2009 12:39 pm

Dune Energy, Inc. (DNE) Provides Operations Update

Dune Energy provided an exploration and development operations update on its leased acreage in Texas and Louisiana. The update reported successful wells at several locations. On its Texas acreage, the Wieting #32 well was drilled to a total depth of 12,750 feet, and hit 50 feet of gas bearing sands. The well is located in the Chocolate Bayou Field in Brazoria County and will be completed by November 2009. The well is non-operated by Dune Energy, but the company does have a 50% working interest. Dune Energy has one well currently drilling in Louisiana, and plans one more before the…

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