Blog - Page 4030 of 5433

WednesdayJan 14, 2009 1:53 pm

China Energy Recovery Inc. (CGYV.OB) is “One to Watch”

China Energy Recovery Inc. is an international leader in energy recovery systems, with a primary focus on the Chinese market. Headquartered in Shanghai, the Company designs, fabricates, implements, and services energy recovery systems. Their technology captures industrial waste energy to produce low cost electrical power. Their system can capture and reuse over 90 percent of the energy that would otherwise be lost. This allows manufacturers to reduce their energy costs, lessen their emissions footprint, and generate sellable emissions credits. China Energy Recovery Inc. focuses their efforts on the petrochemical, paper manufacturing, coke processing, steel, cement, and refining/power generation industries. Their…

WednesdayJan 14, 2009 1:43 pm

Oil Prices Fall as U.S. Inventories Bulge

Oil prices fell today after the government released a report showing that crude inventories have continued to grow, indicating that the demand for oil and gasoline will not rebound anytime soon. Light, sweet crude for February delivery fell 50 cents to settle at $37.28 a barrel on the New York Mercantile Exchange. The Energy Department's Energy Information Administration reported that crude inventories grew by 1.2 million barrels for the week ended Friday. That was below the expectation of 3 million barrels, according to the average of estimates in a survey of analysts by Platts, the energy information arm of McGraw-Hill…

WednesdayJan 14, 2009 9:17 am

Cell Therapeutics, Inc. (CTIC) Sets Major Goals for 2009; Reviews 2008 Accomplishments

Cell Therapeutics, Inc. recently reviewed its 2008 accomplishments and 2009 targeted milestones in meetings held with the JP Morgan Healthcare Conference in San Francisco. Today the company shared the details of those meetings with the investment community. "With a focus on cutting-edge oncology drug products, CTI aims to complete its transition from a research-based organization to a leading commercial oncology company," stated James A. Bianco, M.D., CEO of Cell Therapeutics. "In 2008 we set the stage for becoming a multi-product commercial oncology operating company, with Zevalin currently under priority review by the FDA in the U.S. for label expansion, OPAXIO(TM) under…

WednesdayJan 14, 2009 9:00 am

Aurizon Mines Ltd. (AZK) Announces 2008 Gold Production and Expectations for New Year

Today, Aurizon announced that its 100% owned Casa Berardi mine for the year ended December 31, 2008 produced 158,830 ounces of gold from the processing of 654,397 tonnes at an average grade of 8.2 grams of gold per tonne. These results were in line with the most recent guidance of 155,000 to 160,000 ounces. According to the press release, ore processed in the fourth quarter totaled 169,291 tonnes at an average grade of 7.7 grams of gold per tonne. The average daily mine production for the quarter was 1,840 tonnes per day, up 4.9% from the previous quarter's rate of…

WednesdayJan 14, 2009 7:56 am

Hunt Gold Corp. (HGLC.PK) Reports Encouraging Drilling Results

Hunt Gold Corp. announced that it has completed its 7th drill hole for its current drilling program at the "Mockingbird" Gold project in Arizona. The hole encountered a broad shear zone from 115 feet to 147 feet. The zone included multiple zones of hydrothermal alteration brecciation cemented with sulfide-clouded quartz. The company is so encouraged with these results that it is altering the azimuth for the 8th and final hole for the current drill campaign. This hole will now have an azimuth of 180 degrees and will be aimed directly under the historic workings of the Dandy Gold Mine. The…

WednesdayJan 14, 2009 7:10 am

BWI Holdings, Inc. Information to Be Available Through Standard & Poor’s Market Access Program

BWI Holdings, Inc. (OTCBB: BWIH), operating as Budget Waste Inc. (the "Company"), is pleased to announce that information to be available through Standard and Poor's Market Access Program: BWI Holdings, Inc. (OTCBB: BWIH) announced today that its company information will be made available via Standard & Poor's Market Access Program, an information distribution service that enables subscribing publicly traded companies to have their company information disseminated to users of Standard & Poor's Advisor Insight. The company information to be made available through this program includes share price, volume, dividends, shares outstanding, company financial position, and earnings. Standard & Poor's Advisor…

WednesdayJan 14, 2009 6:50 am

Wilcon Builders’ Supply Signs Software Deal With Lawson Software, Inc. (LWSN)

Today, Lawson Software announced that Wilcon Builders' Supply has agreed to implement the Lawson M3 Enterprise Management System to help support its business and distribution operations. Lawson’s Management System provides a number of integrated business application suites that cover core and supporting business processes, including financial management, customer relationship management, supply chain planning, supply chain execution, business intelligence, and mobility. David Hope, vice president and managing director for Lawson Asia, stated, "This new relationship with Wilcon is more evidence that we are becoming the obvious choice for retail/wholesale and distribution companies by delivering industry-specific functionality that helps deliver greater value…

WednesdayJan 14, 2009 6:28 am

Total (TOT) Claims 50% Stake in IDT Corp.’s (IDT) AMSO

Today, 10 minutes before the opening bell, it was announced that Total (NYSE: TOT), the fifth largest international integrated oil and gas company, will purchase a 50% stake in IDT's American Shale Oil, LLC (AMSO) subsidiary. AMSO is one of three holders of 10-year leases granted by the U.S. Bureau of Land Management to assess, test and demonstrate the potential for commercial shale oil production in western Colorado. After AMSO has proven that its technology is economically viable and environmentally acceptable, it will be given the opportunity to expand its lease to 5,120 acres for commercial development. The rights covered…

WednesdayJan 14, 2009 6:08 am

Axial Vector Engine Corp. (AXVC.PK) GENSET to Revolutionize the Global Market for Energy

Axial Vector Engine Corp.’s family of high-power "Axial Flux" coreless electric generators is capable of reaching 98.5% efficiency in converting mechanical to electric energy. The company’s Axial Vector Engine is designed to be seamlessly integrated with two 100 kW Axial Flux generators to create a 200 kW generator set (GENSET) that is expected to become AVEC's first commercially marketed product. Currently, the global market for under one megawatt of power is estimated to be at $14 billion. According to the company, their systems produce power at a much lower cost and are able to operate on multiple fuel types, reducing…

WednesdayJan 14, 2009 5:36 am

MyECheck, Inc. (MYEC.OB) Reports Astronomical Growth for 2008; Revenue Increases 1,096%

Yesterday after the closing bell, MyECheck announced that it has processed about 2.1 million transactions in 2008, the year the company debuts its patented electronic transaction system. Unaudited 2008 financial results report that the company's fourth quarter revenue was approximately $235,000 on processing approximately $40 million worth of goods and services, compared to $41,000 in revenue for the same quarter in 2007. Quarterly revenue growth was solid throughout the year, ranging from 41% to 88% growth per consecutive quarter. Ed Starrs, C.E.O. of MyECheck Inc., commented, "We are pleased to have established MyECheck as a viable alternative electronic transaction processor…

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