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FridayAug 07, 2009 9:58 am

LKQ Corp. (LKQX) Brings In Terry Fortner from Nationwide

LKQ Corp., the largest nationwide provider of automobile aftermarket collision replacement parts, today announced that Terry M. Fortner has joined the company as VP of Industry Relations & Market Development. His responsibilities will include the development, implementation, and coordination of LKQ’s product and service offerings to the automobile insurance and collision repair industries. Mr. Fortner brings with him 32 years of experience with Ohio-based Nationwide Insurance, one of the biggest insurance and financial service companies in the world, where he was VP of Material Damage Claims. His extensive knowledge of automobile damage insurance includes involvement with a number of related…

FridayAug 07, 2009 7:27 am

Beacon Equity Research Featured Company: Almost Family, Inc. (AFAM)

Almost Family is a leading provider of home health nursing, rehabilitation and personal care services. The ultimate goal of the company is to promote independence by allowing seniors to age in place for as long as possible. By providing specialty programs such as: Cardiocare, Orthopedics, Optimum Balance, B.R.E.A.T.H.E, Urology, Frail Elderly Care Management, and Telehealth Monitoring, seniors are able to achieve the independence they seek, thus leading to improved overall health. The operation of Almost Family, Inc. is divided into two segments which are: Visiting Nurse segment, or VN, and its Personal Cares segment, or PC. The Visiting Nurse segment…

FridayAug 07, 2009 7:24 am

Beacon Equity Research Featured Company: XOMA Ltd. (XOMA)

XOMA is a biopharmaceutical company that discovers, develops and manufactures therapeutic antibodies. These antibodies and other agents are developed in order to treat inflammatory, autoimmune, infections and oncological diseases. The company has a premier antibody discovery and development platform that incorporates leading antibody phage display libraries and XOMA's proprietary Human Engineering(tm) and Bacterial Cell Expression (BCE) and manufacturing technologies. Partnering with companies, such as Novartis AG, Schering-Plough Research Institute and Takeda Pharmaceutical Company Limited, enables XOMA to develop additional antibodies with multi-indication potential. Partnering not only allows XOMA access to new drug targets, but will add substantially to the generation…

FridayAug 07, 2009 7:21 am

Beacon Equity Research Featured Company: San West USA Inc. (HBSY.OB)

San West USA Inc. designs, manufactures, sells and repairs off-road buggies and scooters, and provides aftermarket performance parts and accessories for buggies built in China for the U.S. market. They are leading the way in the manufacturing of aftermarket performance UTV products that require less maintenance than the off-the shelf varieties. Due to the lack of competent UTV repair shops that specializes in the repair of Asian made models, these new aftermarket performance products are desperately needed. The acquisition of Buggy World has richly rewarded San West with annual revenues exceeding $1.6 Million, and has increased its visibility and presence…

FridayAug 07, 2009 7:04 am

California United Bank (CUNB.OB) Posts Strong Q2 Results; Announces Quarterly Highlights

California United Bank (CUNB.OB) yesterday announced its second-quarter financial results for the period ended June 30, 2009. The company reported a 281.3% increase in net income at $347,000 as compared to the second quarter of last year. The increase was attained even after a $189,000 FDIC insurance assessment expense. Despite the recession and continued concerns on lending and borrowing, the company said it maintained a close eye on its operations, attributing to its positive second-quarter results. "I am pleased to report another strong quarter of results," David Rainer, president, CEO and recently appointed chairman of California United Bank stated in…

ThursdayAug 06, 2009 3:50 pm

Monmouth Real Estate Investment Corporation (MNRTA) Reports Strong FFO in Second Quarter

Monmouth Real Estate Investment Corp. reported funds from operations (FFO) of $3.692 million, or $0.15 per share, for its third fiscal quarter of 2009, ending 6/30/2009. This brings its nine months FFO to $11.89 million or $0.48 per share, excluding non-cash impairment and other one-time charges. Other highlights in the quarter include: • An ending cash balance of $8.0 million • Occupancy rate of 96% • Average lease maturity of approximately 5 years Eugene W. Landy, the President of Monmouth Real Estate Investment Corporation, said, "MREIC continues to perform well despite weakness in the overall economy. By investing in net-leased…

ThursdayAug 06, 2009 2:06 pm

Healthcare, The Deeper Problem

The mounting cost of health care may end up being the biggest single financial challenge faced this century, not only by America, but by most of the industrialized world. In spite of the many and varied approaches tried, it’s clear that no country has the issue fully resolved. Every mix of government and private administration, every attempt to balance the needs of the people with the needs of the medical industry, including doctors, hospitals, insurers, and biotechnology providers, comes up short. Another thing is clear. By virtually any measure, the United States spends more on healthcare than any other country,…

ThursdayAug 06, 2009 1:35 pm

Pacific WebWorks, Inc. (PWEB.OB) Announces International Expansion

Yesterday, Pacific WebWorks, Inc. announced that approximately 8% of its thousands of new customers for the month of July are international clients. According to the press release, many of these new clients are from English-speaking areas such as Australia, Canada, the Caribbean, and Europe. “Growth coming from previously unexplored areas will help us continue to progress going forward,” stated Ken Bell, CEO. “These new geographical regions that are beginning to utilize our product emphasize the success of our marketing programs and the ease of use of our products worldwide. The company has made a substantial investment in upgrading its marketing…

ThursdayAug 06, 2009 1:29 pm

Visual Management Systems, Inc. (VMSY.OB) Engages Blackhawk Partners and Trilogy Capital

Visual Management Systems, Inc., provider of video surveillance solutions to small and mid-size enterprises domestically and abroad, announced yesterday that an institutional investor has helped the company enter into a banking relationship with Blackhawk Partners and Trilogy Capital. "Blackhawk and Trilogy have been retained to assist in several capacities, but two in particular. First, they bring tremendous consulting experience as we shift the focus of our business plan away from systems integration and towards product development and OEM distribution. Second, to help capitalize the new plan through their exhaustive networks," stated Jason Gonzalez, CEO of Visual Management Systems. Gonzalez added,…

ThursdayAug 06, 2009 12:32 pm

Epazz, Inc. (EPAZ.OB) Expanding Its Worldwide Distribution

Epazz, Inc., an enterprise software company providing web applications to corporations, schools, and the public sector, is actively growing its worldwide distribution network. DeskFlex and Professional Resource Management, two fully owned Epazz subsidiaries, are helping Epazz get its products to a wider market, and the company now has several clients in Asia, including SAP South Korea. Epazz is now expected to announce a new reseller in South America, plus has just added a new distribution channel through RiverIT Pte Ltd., based in Singapore. RiverIT provides web design, hosting, email, and systems support services in Asia, using a variety of third-party…

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