Blog - Page 3985 of 5609

FridayOct 02, 2009 11:55 am

Unemployment Figures for September Disappoint Wall Street

Employers in the United States cut a deeper-than-expected 263,000 jobs in September, lifting the unemployment rate to 9.8%. This figure is the highest unemployment rate in over 26 years. The government also revised job losses for the months of July and August to show an additional 13,000 jobs were lost than previously reported. The US Labor Department reported that since the start of the recession in December 2007, the ranks of unemployed people has swelled by 7.6 million to 15.1 million. Payrolls have now dropped for 21 consecutive months in the United States and the total number of jobs lost…

FridayOct 02, 2009 11:14 am

ZAGG, Inc. (ZAGG.OB) and Z-Tech Products Announce Partnership to Tap Canadian Wireless Market

ZAGG Inc. and ZAGGaudio™ brands today announced their marketing partnership with Z-Tech Products Inc., a leading distributor of wireless electronic accessories in Canada. Distributing wireless electronic accessories throughout significant retail and online channels, Z-Tech will exclusively carry the invisibleSHIELD, ZAGG’s ultra-tough patented protective film. The invisibleSHIELD offers military-grade scratch protection with precision-cut designs, allowing customers to use their electronics without the fear of scratches or nicks. “We are extremely excited with the opportunity to partner with ZAGG to offer the invisibleSHIELD brand, as well as ZAGG’s full line of products throughout Canada,” stated Scott Wicks, President of Z-Tech Products Inc.…

FridayOct 02, 2009 11:04 am

Muscle Flex, Inc. (MFLI.PK) Unveils “In the Raw(R)” Logo Designs

Muscle Flex Inc. today released the logo designs for its "In the Raw" product line. The designs can be viewed at the company’s website: www.MuscleFlexInc.com. The Muscle Flex’s "In the Raw" product line will include a number of products that are part of the company's registered trademark wares and services. The "In the Raw" clothing line will be a diversified portfolio of branded merchandise, such as caps, T-shirts and workout wear, extreme sports, reality-based videos and related music skewed to the extreme sports and mixed martial arts categories. Muscle Flex is currently completing its first generation "In the Raw" T-shirts and…

FridayOct 02, 2009 10:22 am

Cavitation Technologies, Inc. (CVAT.OB) to Manufacture Womack’s Cutting Edge Nano-Cavitation Process Systems

Cavitation Technologies, Inc. was pleased to announce today that it has signed a Letter of Intent with Womack Systems, LLC to manufacture its cutting edge Nano-Cavitation Process Systems. Kirk Wiggins, CTI's Director of Sales and Business Development, commented, "The exciting thing about CTI is the diverse applications of our technologies. All of our applications are in industries where there are significant environmental problems and/or a need to reduce costs and improving profitability. We are working on projects and technologies for vegetable oil refining, renewable fuels, petroleum, water desalination, wastewater treatment, food and beverage, chemical industries." Womack Systems has experience in…

FridayOct 02, 2009 10:00 am

eDoorways Corp. (EDWY.PK) Successfully Unveils the “SOLVE” Doorway

eDoorways Corporation yesterday delivered a compelling demonstration of its platform as the company successfully unveiled its first doorway, "SOLVE." With the assistance of the pleasant and witty Amy Hadley, Gary F. Kimmons, Chairman & CEO, provided eDoorways' shareholders, Austin business owners and other interested parties a preview into the "SOLVE" doorway. "I'm completely overwhelmed by the turn out of supporters," stated Kimmons. "This is indeed a milestone for this company. Considering our position in early 2008 vs. where we are today, if there is any question as to the validity of our existence, simply take a look at what we…

FridayOct 02, 2009 7:04 am

Higher Education Pays, But So Will You

Even as the economy stumbles, the price of a college education keeps on climbing. Average tuition and fees at public four-year colleges and universities rose 6.4% in the 2008–09 academic year, while costs at private four-year institutions rose 5.9%. Higher college costs and trying economic conditions have interrupted the education plans of many aspiring students. In a recent survey, 57% of high-school seniors lamented that they were considering less prestigious and less expensive college options, and 16% were putting their searches on hold because they didn’t think their families could afford to foot the bill. It’s likely that admission to…

FridayOct 02, 2009 7:01 am

Stalking the Mighty Consumer

What group can claim credit for being the driving force behind the world’s largest economy? Hint: You are probably a member of this group. The answer is U.S. consumers, whose spending is responsible for more than 70% of U.S. gross domestic product (GDP). As we’ve seen in recent years, when consumer conditions are bad, the effects can be widespread. If consumer spending falters, it affects business income and tax revenues. If revenues fall far enough, the effects can include increased unemployment, which in turn exaggerates the problem because the unemployed have reduced incomes and tend to make fewer purchases. Economists,…

ThursdayOct 01, 2009 2:58 pm

Watching the United States Dollar

There has been quite a bit of attention of late regarding the US dollar and its standing as the leading "world exchange currency." The general understanding of the US dollar’s power, however, can be a bit overwhelming from a general investor standpoint. After all, we in the United States just use this piece of paper for exchange of goods and services. We rarely use it as a barometer of economic activity. How can this seemingly plain piece of paper affect the investments we make? Although this description of the dollar’s power and influence could become a book, there are just…

ThursdayOct 01, 2009 2:41 pm

Vyteris Inc. (VYTR.OB) Up 167.86% in Two Days Following QualityStocks Newsletter Mention

The stock of Vyteris Inc. is currently trading at $0.75 a share, up $0.47 or 167.86%, on solid volume of 163,000 shares. Only two days ago – on September 29, 2009, the company was highlighted in the QualityStocks Daily Newsletter at a price of $0.29 per share. Since the mention, Vyteris' stock has moved up in excess of 130%! Vyteris Inc. is a small company, completely off Wall Street's radar screen, that develops systems to transdermally deliver peptide and small molecule drugs. These are the type of small-cap and micro-cap companies covered everyday in the QualityStocks Newsletter. The newsletter collates…

ThursdayOct 01, 2009 12:54 pm

PrismOne Group, Inc. (PMOZ.OB) Selects Axcess International’s Sensing for New Energy Usage Management Solution

PrismOne Group, Inc., a leading provider of managed technology services to targeted vertical market clients with growth challenges, recently announced that the company has selected Axcess International, Inc. (AXSI.OB) as the supplier of Radio Frequency Identification (RFID) technology for PrismOne’s pilot product, Presence Response and Intelligent Systems Management (PRISM). PRISM will enable real time analysis of building environments through the use of presence tracking to modify, manage and control environmental systems such as lighting and HVAC to optimize energy efficiency. PRISM will be integrated into PrismOne’s web-based interface as an additional module and integrated with the existing communications and network…

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