Blog - Page 4034 of 5175

MondayAug 04, 2008 12:12 pm

Industrial Services of America, Inc. (IDSA) Reports Second Quarter Net Income Doubles

Industrial Services of America, Inc. (IDSA), a recycler of scrap metals based in Louisville, Kentucky, announced second quarter financial results today during regular trading hours. Revenues increased 77% to $34.5 million compared to $19.5 million for the same period last year. Net income surged 102% year over year to $1.66 million, or 46 cents per share, vs. $822,000, or 22 cents per share. On a sequential basis, revenues rose 32% and net income rose 52% over Q1 2008. The company had projected on June 23 that second quarter earnings would be in a range of $0.42 - $0.44 per share.…

MondayAug 04, 2008 9:51 am

Progressive Gaming International Corp. (Nasdaq: PGIC) Secures $15M Term Loan to Retire Senior Secured Notes

Progressive Gaming International Corp. (Nasdaq: PGIC) supplies integrated casino and jackpot management systems for the global gaming industry. Despite a crippled economy and pinched pockets, the gaming industry hasn’t slowed down. The company today announced it has inked a definitive agreement for a new credit facility and term loan with Private Equity Management Group Inc. (“PEM”). The agreement will allow the company to borrow $18 million, with the possibility of borrowing an additional $9.5 million if certain conditions are met. In addition, the company signed a note and warrant purchase agreement with International Game Technology (NYSE: IGT), in which IGT…

MondayAug 04, 2008 9:12 am

Bridgeline Software (BLSW) to Report 3rd Quarter Results August 7, 2008

Bridgeline Software (BLSW:NASDAQ) is a developer of web application management software and web applications that help organizations optimize business processes. The company currently has over 600 customers ranging from middle-market organizations to divisons within Fortune 1000 companies that include: Berkshire Life, PerkinElmer, Budget Rent-A-Car, Honeywell, Mariott Intl., John Hancock, and the AARP. Bridgeline Software helps customers cost-effectively maximize the value of their rapidly changing web applications. The company's teams of developers specialize in web application development, usability engineering, rich media development, and search engine optimization. On August 4, 2008, Bridgeline Software announced that financial results for the company's 3rd quarter…

MondayAug 04, 2008 7:39 am

Tornado Gold International Corp. (TOGI.OB), Pulling its Weight in Gold, Announces $4M Financing, New Member to Board of Directors

Tornado Gold International Corp. operates in Nevada as an exploration company focused on the exploitation of gold deposits in excess of 7 million ounces. The company is backed by a team of explorers with decades of experience in targeting gold-laden properties and discovering massive gold deposits. The company today announced it has closed more than $4 million in equity financing to date, at an average cost of $0.20. According to the press release, Tornado gold will use the proceeds to further its land acquisition and exploration efforts. Tornado Gold also announced the appointment of Larry Kornze, P. Eng., to the…

MondayAug 04, 2008 7:38 am

Element 21 Golf Company (ETGF.OB) Scandium Shafts Win World Golf Championships

Element 21 Golf Company, the manufacturer of advanced Scandium Alloy golf and fishing equipment, has announced that the player who won the Bridgestone Invitational Golf Championship this past weekend used Element 21 Scandium shafts. The player, who was not named in the company’s announcement, has been using the Scandium shafts on an UNENDORSED basis since the summer of 2007, when he switched over. According to the announcement, the unnamed player has a reputation as being the hardest-working professional golfer, hitting thousands of golf balls on the practice range daily and playing in numerous events worldwide each year. Following his switch…

MondayAug 04, 2008 6:17 am

KSW Inc. (KSW) Announces Solid Second Quarter Results

KSW, Inc. (KSW), an installer of heating, ventilation, air conditioning (HVAC) and process piping systems, and provider of engineering services in New York City, reported second quarter financial results this morning. Revenues increased 13.9% year over year to $22.0 million. Net income increased 28% to $1.1 million, or 17 cents per share, vs. $860,000, or 14 cents per share for the same period last year. Backlog of funded projects reached a record $139.1 million at quarter’s end. Chairman of the Board Floyd Warkol commented, “KSW’s revenues rose this quarter as work began on previously delayed jobs. We have added $70…

MondayAug 04, 2008 6:16 am

BSD Medical Corp. (BSDM) Taking the Heat…and Using it to Innovate

BSD Medical Corporation develops, manufactures, markets, and services systems to treat cancer and benign diseases. Headquartered in Salt Lake City, Utah, they develop systems using heat therapy from focused radio frequency and microwave energy. BSD Medical is also working to develop this technology for other therapies. The company trades on NASDAQ as part of the Medical Appliances and Equipment industry. BSD utilizes microwave hyperthermia therapy to kill cancer directly with heat and increase the effectiveness of radiation treatments. They are also studying promising results for this therapy in combination with chemotherapy for fighting cancer. Founded in 1978, BSD Medical Corp.…

MondayAug 04, 2008 6:14 am

Unico Inc. (UNCO.OB): Putting the Pedal to the Metal

Unico, Inc. is a natural resource company working in the precious metals mining sector. They focus on the exploration, development, and production of gold, silver, lead, zinc, and copper concentrates. They do this via their two mining properties, the Deer Trail Mine and the Silver Bell Mine. Founded in 1966 and based in San Diego, California, Unico also has agreements to acquire over 70 more mining claims. Last August (2007), Unico Inc. announced that their wholly-owned subsidiary, Deer Trail Mining Company, had completed the purchase of the Deer Trail Mine from Crown Mines, LLC. The Deer Trail Mine, in Marysvale,…

SundayAug 03, 2008 6:43 pm

How Many Sustainable Brands Adorn Your Portfolio? Better Business Basics Bulletin

It should be no revelation that brands drive most stock values. However, the concept of a sustainable brand is fresh from this millennium. Environmental conservation started as a ‘left-of-center’ movement. It has now entered the portals of the most conservative corporations. No brand is reliable from an investor’s perspective unless it meets the following three conditions: 1. The entire product or service lifecycle should be free from human abuse. Sweatshops in Asian outbacks, and funds from precious gemstones for internecine battles in Africa, are the most widely known instances of abusive sourcing. Customers will move away from brands that hide…

SundayAug 03, 2008 6:41 pm

Forrester Research Incorporated (FORR) Stock an Object Lesson in Business Management

The collection and processing of primary data are processes which even the biggest corporations have to outsource. Specialization and domain expertise apart, there is the matter of using an independent entity to prevent bias. This is a prime area of the Business Services Industry. Though the market capitalization of this stock is less than $1 billion, it only accepts clients with sales over this magic figure. The company has nearly 2500 customer-corporations, with an average of one new company joining every month. The vast majority of corporations that use this company’s services are adequately satisfied to stay on board. The…

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