Blog - Page 3985 of 5583

TuesdaySep 08, 2009 8:28 am

Solarfun Power Holdings Co., Ltd. (SOLF) Announces LOI for PV Projects of 600MW

Solarfun Power Holdings Co., Ltd., a vertically integrated manufacturer of silicon ingots and photovoltaic (PV) cells and modules in China, announced that Jiangsu Linyang Solarfun Co., Ltd., a wholly owned subsidiary, has signed a letter of intent (LOI) with the government of Hohhot City to develop two solar projects with a combined capacity of 600MW. Vice Mayor of Hohhot City, Wu Wenyuan, stated, "Hohhot City has a number of advantages in developing PV projects, including abundant sunshine and national support. After discussing with and inspecting a number of major PV manufactures in China, we selected Solarfun as a major supplier…

TuesdaySep 08, 2009 8:23 am

Jiangbo Pharmaceuticals, Inc. (JGBO.OB) Remains Confident in Previously Issued Guidance for Fiscal 2009

Today, Jiangbo Pharmaceuticals, Inc., a U.S. pharmaceutical company with its primary operations in China, reaffirmed its previously announced guidance for fiscal year 2009. According to the press release, the company anticipates meeting or exceeding its goals of $111 to $116 million in revenue and operating income of $40 to $43 million for the fiscal year ending June 30, 2009. "We plan to report our annual results for the fiscal year 2009 by the end of this month and are pleased to reaffirm we are on track to achieve our financial goals," stated Mr. Wubo Cao, Chief Executive Officer of Jiangbo.…

TuesdaySep 08, 2009 8:19 am

RECHARGE Magazine Features XsunX, Inc.’s (XSNX.OB) Revolutionary Solar Technology

XsunX, Inc. announced that it was spotlighted in a two-page article in the "Innovation" section (Pages 18-19) of the August 28 edition of RECHARGE Magazine. The article detailed the company’s new cross-industry technology that combines state-of-the-art manufacturing technologies from the Hard Disc Drive (HDD) industry with proven thin-film solar processes, using the excess production capacity of the HD industry to manufacture high-efficiency, low-cost CIGS solar cells. The piece reported on the company's unique approach to commercialization of CIGS cells stating, "The notion of mass production of small CIGS cells runs against the grain of thin-film industry convention, which continues to…

TuesdaySep 08, 2009 7:48 am

Axial Vector Energy Corp. (AXVC.PK) Launches New Website with Global Awareness Program

Axial Vector Energy Corporation announced this morning that it has launched a Global Awareness Program as well as a new website. The Global Awareness Program will air on WBIX The Business Station and Business Talk Radio Network, which cover financial and marketing groups and institutional investor markets. Chief AVEC Engineer, Mr. Douglas Hahn, will explain the many benefits of the company’s unique multi fuel engines and generators. Mr. Sanjai Chhaunker, President & CEO of AVEC, stated, "This comprehensive upgrading, along with the detailed road map letter, clearly outlines the success strategy of the new AVEC." Mr. Chhaunker added, "Douglas Hahn's…

FridaySep 04, 2009 3:34 pm

Credence Corp. (LTXC) Offers Positive Outlook for Q1 2010 Despite Q4 and FY 2009 Losses

Credence Corp. today announced its fourth-quarter results for the period ended July 31, 2009, as well as its expectations for fiscal 2010. The provider of chip testing equipment reported a loss for its fiscal fourth-quarter and full-year results, but gave positive guidance for the first quarter of 2010. The company reported sales for the fourth quarter at $35,176,000, a 43 percent increase over the third quarter of 2009, surpassing its previous quarterly guidance. Credence posted a fourth-quarter net loss of $9,622,000, or 8 cents per share, on a GAAP basis, as compared to earnings of $630,000, or 1 cent per…

FridaySep 04, 2009 2:45 pm

Savoy Energy Corp. (SNVP.OB) Brings Old Sources Back Online

Savoy Energy Corporation, an independent oil and gas company based in Texas, specializes in what is called “recompletion” and “workover” activities. What this means is that the company is very good at identifying and acquiring abandoned oil and gas wells that still have a lot to give, and bringing them back into production using advanced processing technologies and careful management. Savoy is known for its ability to economically extract significant remaining product from abandoned wells. Savoy is already producing oil from four wells, and has identified 18 other U.S. wells that are favorable candidates for turnaround. In addition, the company…

FridaySep 04, 2009 1:46 pm

Green Energy Live, Inc. (GELV.OB) is “One to Watch”

Green Energy Live, Inc. is a green, bio-conversion-technology engineering company for fuel, farming, and waste management. The company's corporate mission is develop, patent, and implement proprietary conversion technology for biofuels. Trading on NASDAQ's OTCBB, Green Energy Live, Inc. is part of the Specialty Chemicals industry in the Basic Materials sector. Green Energy Live is concentrating their efforts on the waste/biomass-to-ethanol industry. They are working to convert wastes, currently in landfills, into ethanol and other valuable co-products. This is through using their proprietary patented gasification and conversion technology. The company's strategy is to acquire or deploy proprietary technologies that will extract…

FridaySep 04, 2009 1:41 pm

American Lithium Minerals, Inc. (AMLM.OB) is “One to Watch”

Headquartered in Henderson, Nevada, American Lithium Minerals is a mineral exploration company with interests in America's richest lithium reserves. The Company has 100 percent mineral rights to 16,000 acres comprising four claim blocks in Nevada's lithium-rich Montezuma Valley. The company is currently assessing the size, quality, and processing alternatives of their Lithium Brine Project. Formerly known as Nugget Resources Inc., the Company changed their name to American Lithium Minerals, Inc. on March 20, 2009. They have their corporate headquarters in Henderson, Nevada. There is currently an increased demand for lithium carbonate due to the shift to hybrid/electric vehicles. American Lithium…

FridaySep 04, 2009 1:15 pm

Leaving Adaptis, Inc. Behind, Clear Choice Health Plans (CCHN.OB) Signs Agreement with the TriZetto Group, Inc.

Today, Clear Choice Health Plans, Inc. announced that the company is terminating its business relationship with Adaptis, Inc., its business process outsourcing vendor, following a mutual agreement to stop service. The company also announced that it has started a new five-year contract for BPO services with The TriZetto Group, Inc., an information technology and services company with expertise in the health care industry. The TriZetto Group will provide claims administration, enrollment administration, billing, mailroom and business rules configuration services. TriZetto will also manage and host the underlying QNXTTM enterprise administration system and related software from its data centers. The transition…

FridaySep 04, 2009 11:37 am

Universal Travel Group (UTA) Provides Update on Chinese Expansion

Universal Travel Group is a growing travel services provider in China. The company provides services such as: hotel reservations, airline bookings, and packaged tours via the internet and through customer service representatives. The company announced today the successful achievement of new milestones with regard to its Chongqing expansion strategy. Universal Travel also announced that it has formed a strategic partnership with China Telecom to rollout an additional 100 TRIPEASY kiosks equipped with China Telecom's 3G services in the third quarter. In Chongqing (a large city in western China), the company has formed partnerships with 50 travel agencies to expand its…

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