Blog - Page 3988 of 5550

TuesdayAug 04, 2009 7:28 am

Savoy Energy Corporation (SNVP.OB) Receives Coverage from Standard & Poor’s

Standard & Poor’s (S&P) announced this morning that it has commenced Factual Stock Report coverage on Savoy Energy Corporation. The stock report provides factual research coverage to a wide investor audience of Buy and Sell-side investors, helping them understand Savoy’s fundamentals and business prospects. Savoy Energy Corp. focuses its business operations on performing recompletion and workover activities on wells in Texas. The company re-enters, recompletes, extracts oil from, and sells oil from previously drilled wells in the United States. Currently, it holds leases on and is producing oil from four wells: Ali-O No.1, Rozella Kifer, Zavadil No.1, and Wright, all…

TuesdayAug 04, 2009 6:28 am

Parkway Properties, Inc. (PKY) Reports Strong Quarter

Parkway Properties, Inc. (PKY) reported funds from operations (FFO) of $0.86 per share, or $16.8 million, for the second quarter of 2009. This was down from $1.03 per share reported in the same quarter last year. During the quarter, Parkway Properties, Inc. raised capital through the equity markets. The company sold 6.25 million shares of common stock to the public, raising $84.5 million. The funds were used to pay down some borrowings on its credit line. The company significantly reduced its outstanding debt on its credit line as a result of the new capital, and now owes $100 million, down…

TuesdayAug 04, 2009 6:26 am

Ethos Environmental, Inc. (ETEV.OB) Launches Key Marketing Incentive Program

Ethos Environmental, Inc., a San Diego-based manufacturer of award-winning fuel based eco-friendly solutions, recently announced the launch of the company’s Clean Air Initiative through its wholly owned distribution arm, Ecomates (www.ecomates.com). This initiative is designed to incentivize new users to begin using EthosFR+ Fuel Treatment and EthosFR Oil Treatment by subsidizing their monthly gas purchases. Users will receive a $25 monthly rebate each time they present $100 in fuel receipts from participating gas stations. For complete program terms and conditions, please visit www.ecomates.com. Ethos Environmental’s CEO, Corey P. Schlossmann, stated, “We believe this project will be the first of many…

MondayAug 03, 2009 3:30 pm

DataCall Technologies, Inc.’s (DCLT.OB) Corporate Strategy

DataCall Technologies, Inc. was created in 2002 when digital signage became a prevalent means of communication in the advertising market. Just as the demand for digital signage increased, DataCall began to hear the ever expanding request for on-demand content – the ability to keep digital signage fresh, live and in motion. Responding to this call, DataCall formulated a vision that the company would support this growing community by delivering real-time information to consumers. DataCall management has worked vigorously in an effort to continually improve the delivery, security and variety of this information to the Digital Signage community. As a result,…

MondayAug 03, 2009 3:26 pm

August 3rd CEOcast Weekly Newsletter

Companies featured in this edition of the newsletter: ACCP, CBAI, CICS, CUR, CVM, DKAM, EMDH, ESYM, ICLK, IWEB, OMCM, SRCO Markets hit fresh highs for '09 this week on modest gains across all of the major indices despite profit taking from the two week rally which has seen the S&P 500 increase by 11%. All told, the Dow gained 0.9% on the week to close at 9171, up 78 points, bringing its year-to-date gain to 4.5%. The NASDAQ managed to post a 0.6% gain, closing at 1965, up 25.5% on the year, while the S&P 500 and Russell 2000 finished…

MondayAug 03, 2009 3:26 pm

XO Holdings Inc. (XOHO.OB) Subsidiary Provides Secure Communications Capabilities through Domestic and International Partnerships

XO Communications, a subsidiary of XO Holdings Inc., provides advanced communications services through its nationwide and metro networks and broadband wireless capabilities. The company today announced the expansion of its domestic and international MPLS network capabilities by securing domestic and international partner agreements. The communications company now provides coverage in all 50 states and 22 countries spread across five continents. XO’s MPLS IP-VPN is a network offered to businesses and large enterprises, including voice, video and data applications passed over a single IP network infrastructure. Vince Margiotta, vice president of product marketing at XO Communications noted the importance of quality…

MondayAug 03, 2009 2:06 pm

GigOptix, Inc. (GGOX.OB) and Pangaea HK Ltd. Ink MOU to Form Joint Venture Targeting China Consumer Electronics Market

GigOptix, Inc. and Pangaea (HK) Ltd. of Hong Kong today announced that they have signed a memorandum of understanding (MOU) to form a joint venture company in China. The proposed organization would be headquartered in Hong Kong and focused on supporting customers in the region with the development of low cost and customized reference designs for GigOptix, Inc. products. “We have a vision that optical interconnects will become essential to the next generation of consumer electronics products,” stated Richard Fung, CEO and President of Pangaea. “With this joint venture we plan to accelerate the creation of cost effective optical interconnect…

MondayAug 03, 2009 1:57 pm

GreenMan Technologies, Inc. (GMTI.OB) Engages Leading Government Affairs and Public Relations Consulting Firm

GreenMan Technologies, Inc. announced that it has retained the services of O'Neill and Associates, a leading full-service government affairs and public relations consulting firm. The firm has been engaged to assist GreenMan's management team in working with government entities including the Environmental Protection Agency (EPA), the Department of Transportation, and the Department of Energy. O'Neill and Associates will primarily focus on programs and federal funding associated with the Recovery and Reinvestment Act. Lyle Jensen, GreenMan's Chief Executive Officer stated, "Through our recently announced acquisition of American Power Group, GreenMan has realigned its business focus to encompass a patented dual fuel…

MondayAug 03, 2009 1:53 pm

The Mint Leasing, Inc. (MLES.OB) Secures $10 Million Bank Credit Facility

The Mint Leasing, Inc., a provider of innovative leasing services to customers of franchised automobile dealers throughout the United States, announced earlier today that it has entered into an agreement with Moody National Bank for a $10 million credit facility to be used for the expansion of its vehicle leasing business. "We are very pleased to announce this banking relationship with Moody National Bank, which illustrates the bank's confidence in our unique vehicle leasing business model," stated Jerry Parish, Chief Executive Officer of The Mint Leasing, Inc. "We have enjoyed an excellent relationship with Moody Bank for several years and…

MondayAug 03, 2009 1:23 pm

General Environmental Management, Inc. (GEVI.OB) Has a Strong Leadership Team

General Environmental Management Inc. is a fully integrated environmental services company which provides EHS compliance services, transportation, remediation, on-site technical services and off-site treatment services. The company manages wastes, both hazardous and non-hazardous, for a wide variety of private and public entities. The company has a leadership team that has many years of experience in a variety of industries. Here is a brief overview of the seven members of General Environmental's leadership team: Timothy J. Koziol – CEO and Chairman Mr. Koziol was very instrumental in the turnaround of the predecessor company to General Environmental, Hazpak Environmental Services. Mr.…

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