Blog - Page 4018 of 5585

FridayAug 07, 2009 12:21 pm

U.S. Jobless Rate Dips, Job Losses Slow to 247,000

Since the current recession began in December 2007, the economy has lost a net total of 6.7 million jobs. The deepest job cuts in this recession occurred in January 2009 when 741,000 jobs disappeared, the most in any month since 1949. Hope remains that the unemployment rate will not reach the post-World War II high of 10.8% which occurred at the end of 1982, when the country was also suffering through a severe recession. There was a signal today that there may be cause for hope. Unemployment figures released by the Labor Department showed that employers throttled back on layoffs…

FridayAug 07, 2009 11:48 am

Beacon Equity Research Featured Company: NF Energy Savings Corp. (NFES.OB)

NF Energy Savings Corp. is a leading provider of energy saving and emission reduction equipment and services for China’s rapidly growing cogeneration sector. The company manufactures energy efficient flow control systems and wind cogeneration equipment and provides services to improve energy efficiency and reduce emissions. By working closely with Northeast University, NF Energy has established a high-level valve research institute and technology center, Northeast University Tieling Valve Technology Research Institute. This very important relationship ensures the company's continued success in new product research and development, thus ensuring that NF Energy will continue to be a leading force in field. Let…

FridayAug 07, 2009 11:04 am

Beacon Equity Research Featured Company: Google, Inc. (GOOG)

Google, Inc. is a profitable, public company focused on search services. The company’s mission is to organize the world's information and make it universally accessible and useful. With one of the most well-known and valuable brands in the world, Google is able to generate revenue by providing advertisers with the opportunity to deliver measurable, cost-effective online advertising. Because advertisements are placed on a page relevant to a user’s search query, users are able to see advertisements that are useful to them. Google's utility and ease of use is demonstrated with the Google Toolbar, which enables access to Google search from…

FridayAug 07, 2009 10:59 am

Beacon Equity Research Featured Company: Symantec Corp. (SYMC)

Symantec Corp. has evolved to become one of the world’s largest software companies by providing security, storage and systems management solutions. They help their customers secure and manage their information against more risks at more points, more completely and efficiently than any other company. In order to stay ahead of the ever changing technology world, Symantec has made great strides to help reduce cost and complexity to its customers by exploring such areas as virtualization and SaaS. Symantec offers its customers a more in depth level of protection with services ranging from: a consumer’s online identity and interactions to protecting…

FridayAug 07, 2009 10:39 am

Frost & Sullivan Recognizes Websense, Inc. (WBSN) for Product Innovation and Marketing Leadership

Today, Websense, Inc. announced that Frost & Sullivan, a leading research and consulting firm, has recognized the company with two prestigious awards for product innovation and marketing leadership. Additionally, the analyst firm reports that Websense has grown continually year after year, and that it held more than 26 percent of the $2.7 billion global content filtering market in 2008. Frost & Sullivan recognized Websense for developing security products that address the unique security challenges posed by today's feature-rich Web sites, such as Web 2.0 sites and applications. Websense received the North American Product Innovation of the Year Award for Web…

FridayAug 07, 2009 10:15 am

Emerging Market’s New Decoupling

Wall Street has been quick to dismiss the whole idea of the emerging markets decoupling from the developed world, especially the United States. Perhaps the whole idea was dismissed too quickly, giving investors an opportunity for profit. Even if America's economy remains weak, there are signs that some of the larger emerging economies could see decent economic growth. Exhibit A of this new decoupling is China. Most economists agree that output will grow faster than seemed plausible only a few months ago. Economists now believe that growth could be close to 8% this year. India's growth estimates have also been…

FridayAug 07, 2009 10:09 am

Treaty Energy Corp. (TECO.OB) Announces LOI to Enter in Joint Venture with Discovery Resource Group

Treaty Energy Corporation announced a Letter of Intent (“LOI”) to enter into a 50/50 Oil and Gas Joint Venture (“JV”) with Discovery Resource Group. The venture could make both companies extremely marketable and attractive to the market place. Initially, Discovery Resource Group (DRG), which is a Delaware limited liability company, will pledge 19 wells from 4 affiliated partnerships and Treaty will pledge 9 wells to a bank to procure an estimated $2,000,000 line of credit for drilling and working over wells. With the new line of credit, Treaty plans to do workovers in West Texas, radial jet lateral workovers, and…

FridayAug 07, 2009 10:05 am

New Gold Inc. (AMEX: NGD) Beats Street Estimates, Lowers Production Costs

In the mining game, price is the only consideration. How much does it cost to get the commodity out of the ground and how much can it be sold for. If the numbers don't add up, there is no activity and no company. Some companies, however, work more efficiently than others and can get the commodity out of the ground at a lower cost. If an investor can find companies like this, there is profit to be made. New Gold Inc., a mining development company, works to develop and exploit mineral properties primarily in Central and South America. The company…

FridayAug 07, 2009 10:01 am

WorldVest, Inc. (WOVT.OB) Expands Its Asian Business Division

WorldVest Inc. is a global merchant bank that offers not only traditional investment banking, asset management and advisory services, but also makes direct investments as a principal in select high-growth transactions on a global basis. The company's particular focus is on middle market companies which are often ignored by many financial institutions. WorldVest has announced that it has expanded its Asian business division to pursue unique and exciting investments and banking transactions throughout the Asia region, with a focus on China and South Korea. To oversee development in this rapidly growing market, the company announced that Matthew Chung has joined…

FridayAug 07, 2009 9:59 am

The ICEE Company Launches Iced Coffee by Javo Beverage (JAVO.OB)

Javo Beverage Company, Inc., a leading provider of premium dispensable coffee and tea-based beverages to the food service industry, recently announced a partnership with the ICEE® Company (NASDAQ: JJSF), a subsidiary of J&J Snack Foods Corporation. Under the terms of the agreement, ICEE distribution centers nationwide will immediately add iced coffee to their line-up of industry leading beverage products. Mocha latte and caramel latte will be the two initial flavors offered under the Java Freeze™ brand to national accounts and retail foodservice operators in the United States, Canada and Mexico. The ICEE Company is the most highly recognized brand and…

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