Blog - Page 3943 of 5691

WednesdayFeb 10, 2010 1:04 pm

SOKO Fitness & Spa Group, Inc. (SOKF.OB) Expands Operations

SOKO Fitness & Spa Group, Inc. offers denizens of Northeastern China and suburban Beijing a complete wellness solution consisting of programs, exercise, education, nutrition and other products via their beauty salons and fitness centers. The Company disclosed details today regarding plans to expand operations geographically beyond its former focus of developing in Tier-2 Chinese cities, and said it will begin to select suburban areas of Tier-1 cities with under-served markets in order to capitalize on growth potential and secure robust returns on investment for the Company’s shareholders. Tier-1 cities are large metropolises with 10 million or more residents, and Tier-2…

WednesdayFeb 10, 2010 12:50 pm

ADC Telecommunications Inc. (ADCT) Posts Q1 2010 Results, Offers Guidance for Q2

ADC Telecommunications Inc. today posted its unaudited results for the first quarter ended January 1, 2010, reporting solid results it says are driven by operational strength. Because of a change to the company’s fiscal year to September 30, ADC compared first quarter 2010 results with the proforma results for the prior year’s first quarter ended December 26, 2008, and the proforma results for the fourth quarter of fiscal 2009 ended September 30, 2009. For the first quarter of fiscal 2010, ADC reported GAAP earnings from continuing operations at $3.6 million, or $0.04 per share. Net sales for first quarter were…

WednesdayFeb 10, 2010 12:44 pm

SafeStitch Medical, Inc. (SFES.OB) Receives Authorization for Its AMID Stapler

SafeStitch Medical Inc. is a medical device company developing endoscopic and minimally invasive surgical devices. The company's product portfolio includes devices for bariatric (obesity) surgery and repair of gastroesophageal reflux disorder (GERD), as well as the AMID Stapler and other products. The company announced today that it has received CE Mark authorization to commercialize its AMID Stapler in the European Economic Community. The AMID Stapler is the first surgical stapler designed specifically for use in inguinal hernia using the Lichtenstein method, in which mesh is implanted for reinforcement. SafeStitch announced in November 2009 that it had received 510(k) clearance from…

WednesdayFeb 10, 2010 12:33 pm

NetSol Technologies, Inc. (NTWK) Announces Q2 FY 2010 Financial Results

NetSol Technologies, Inc., a U.S. corporation providing global business services and enterprise application solutions to private and public sector organizations worldwide, today reported its second quarter financial results for fiscal year 2010, for the period ended December 31, 2009. Financial highlights for the quarter include: • $9.5 million in revenues, up 81% year-over-year and 25% sequentially • Substantial improvement in gross margin to 62% compared to 27% a year earlier • Operating income of $1.7 million compared to an operating loss of $2.8 million in the same period a year ago • GAAP net loss applicable to common shareholders of…

WednesdayFeb 10, 2010 11:28 am

OpenTable, Inc. (OPEN) Has Your Reservations

OpenTable, Inc., besides being the leading supplier of reservation, table management, and guest management software for restaurants, is also the operator of www.OpenTable.com, the world’s most popular website for making online restaurant reservations. OpenTable serves restaurants around the world, replacing the long-standing pen-and-paper method of taking reservations and managing tables with automated hardware and software. A major side benefit of their system is that it allows restaurants to use all that previously lost information to build diner databases, valuable for targeted email marketing and improved guest recognition. The website, on the other hand, services individual diners, as well as concierges…

WednesdayFeb 10, 2010 9:05 am

Derma Sciences, Inc. (DSCID.OB) Common Stock to be Listed on NASDAQ

Located in Princeton, N.J., Derma Sciences has gained a stellar reputation as a global manufacturer and marketer of advanced wound care products with MEDIHONEY showcasing Derma’s technology. MEDIHONEY, a honey–based product that treats and manages wounds and burns, is a state-of-the-art product and has been produced throughout the world. It was announced today that Derma Sciences will list their common stock on the NASDAQ. This is a major move for the New Jersey Company that will enhance its future and allow investors to take notice. One of the main reasons Derma Sciences was able to make such a move is…

WednesdayFeb 10, 2010 9:01 am

Unilava Corp. (UNLA.OB) Secures Partnership with Dow Jones Publishing Company to Market the Wall Street Journal Asia

Unilava Corp., a provider of a variety of communications services, products and equipment that address the needs of small to enterprise businesses and consumers, yesterday announced that the company has partnered with Dow Jones Publishing Company to market The Wall Street Journal Asia in the Asia Pacific. Unilava Corporation has a worldwide presence with its corporate headquarters in San Francisco and regional offices in Chicago, Seoul, Hong Kong and Beijing. Unilava will market The Wall Street Journal Asia in Hong Kong, Indonesia, Korea, Malaysia and the Philippines. Since 1976, The Wall Street Journal Asia has been the leading global news…

WednesdayFeb 10, 2010 8:59 am

Triangle Petroleum Corp. (TPLM.OB) Enters Bakken Shale

Triangle Petroleum Corp. recently announced the purchase of 4,000 net acres in the Willison Basin that is prospective for the Bakken Shale. The acreage is located in Williams and McKenzie counties in North Dakota. The Bakken Shale is an unconventional resource play that is currently being developed by the exploration and production industry. The industry is targeting the Middle Bakken and Sanish/Three Forks formations in this play. Dr. Peter Hill, the CEO of Triangle Petroleum Corporation, said, “The Bakken Shale will be our new core area of operations in the United States. Our efforts here are the result of years…

WednesdayFeb 10, 2010 8:15 am

Don’t Forget the World

If you had to rank domestic large-cap stocks, corporate bonds, 30-day Treasury bills, and global stocks according to their risk levels, which one would you say carries the greatest risks? Given the perilous state of the world economy during the past several months, most people would probably say global stocks. If you had to rank these same asset classes according to performance, which would you say was the top performer? Over the past 40 years, it was global stocks, despite losing an incredible 43% of their value in 2008 (see graph). Over the long term, global stocks and the S&P…

WednesdayFeb 10, 2010 8:06 am

Beware the Better-Than-Average Effect

We’re always hearing about the “average” person. You know, the one who is 36.7 years old, graduated from high school but probably not from college, earns between $33,000 and $62,500 per year in a white-collar job, owns a three-bedroom home worth about $167,000, has 1.86 children, eats 160 pounds of sugar every year, and will live to be 78.1 years old. That doesn’t sound like you, does it? And if it seems to you that it wouldn’t take too much effort to distinguish yourself from the average American, well, then, you are average, too. Economists have found that, on average,…

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