Blog - Page 4036 of 5178

TuesdayAug 05, 2008 4:35 am

Shares of Conexant Systems, Inc. (NASDAQ: CNXT) Rise on Third Quarter Earnings Report

Conexant Systems, Inc. (NASDAQ: CNXT), an innovative developer of semiconductor solutions, including products for Internet connectivity, digital imaging and media processing applications, recently announced the company’s results from the third quarter of fiscal year 2008. Shares of Conexant Systems, Inc. traded higher late last week after the announcement of the company’s financial results that exceeded expectations for the quarter. Core operating expenses reached $46 million, and core operating income totaled $12.5 million. Core net income was recorded at $6 million, or $0.12 per diluted share, which beat analysts’ projection of a loss of $0.08 per share. Considering the momentum of…

MondayAug 04, 2008 4:15 pm

August 4th CEOcast Weekly Newsletter

Companies featured in the current edition of the newsletter: CLXS, GNBT, HYTM, ICLK, ILNS, PLKH, TKO, VYTR Last week was a volatile and active week of trade, although the end result wouldn't suggest this. With the exception of Friday, the stock market closed each day with a gain or loss of more than 1%. However, when the dust settled, the S&P 500 posted a slight 0.2% or 3 point gain, bringing its year to date loss to 14.2%. The Dow Jones Industrial Average lost 44 points, increasing it year to date loss to 14.6%. The Nasdaq Composite Index finished the…

MondayAug 04, 2008 1:56 pm

Red Robin Gourmet Burgers, Inc. (RRGB) Raises Money for the National Center for Missing & Exploited Children through Its Louisville, KY Opening

Red Robin Gourmet Burgers, Inc., in business since 1969, operates through its wholly-owned subsidiary, Red Robin International, Inc. The chain serves more than two dozen, high-quality burgers in a variety of recipes, as well as salads, soups, appetizers, entrees, desserts and signature Mad Mixology® Beverages in a kid- and family-friendly atmosphere. The company, headquartered in Greenwood Village, Colorado, has more than 400 Red Robin restaurants located across the United States and Canada, including corporate-owned locations and those operating under franchise agreements. Red Robin recently celebrated the grand opening of its Louisville, Kentucky location by raising $2,178.50 for the National Center…

MondayAug 04, 2008 1:50 pm

Axial Vector Engine Corp. (AXVC.PK), Powering the Next Generation of Vehicles

Axial Vector Engine Corporation, based in the United States, is a company that owns, develops and licenses proprietary intellectual property with unique internal combustion engine technologies. These engines are much different than traditional internal combustion engines in that they create greater horsepower and torque while using less fuel. The engines also have fewer moving parts, which can mean lower maintenance and repair fees, as well as significant weight and size reduction. Finally the engines are easy to adapt for use in a plethora of applications. The use of Axial’s engines in automobiles will catapult the vehicle to a new efficiency.…

MondayAug 04, 2008 1:40 pm

Wescorp Energy Inc. (WSCE.OB) Field Intelligence Services Provide Crucial Information

Wescorp Energy Incorporated is an oil and gas operations solutions company based in Canada that helps oil and gas service companies perform more efficiently. The primary goal of Wescorp is to pioneer solutions and technologies designed to reduce cycle times and slash costs for oil and gas field operations. The solutions Wescorp helps create come from a combination of both ideas and services that can add up to create efficiencies in operations and production. Wescorp Energy’s field intelligence services provide users with meaningful information that is necessary to optimize oil/gas field production. Wescorp provides this critical data and information in…

MondayAug 04, 2008 1:35 pm

China Security & Surveillance Technology, Inc. (CSR) Beats Q2 Estimates, Raises Guidance

China Security & Surveillance Technology, Inc. (CSR), a provider of digital surveillance technology throughout China, announced second quarter financial results this afternoon. Revenues increased 78% year over year to $92.7 million vs. analysts’ consensus estimate of $86.3 million. Net income increased 81% to $7.74 million, or 17 cents per share, compared to $4.27 million, or 11 cents for the same period last year. Adjusted net income (non-GAAP), excluding non-cash expenses totaling $9.8 million, was 39 cents per share, or 2 cents higher than analysts’ estimates. Mr. Guo Shen Tu, Chief Executive Officer of China Security, commented, ''We are excited by…

MondayAug 04, 2008 1:34 pm

Cheetah Oil and Gas Ltd. (COGL.OB) Management Team Altered Dramatically

Cheetah Oil and Gas Ltd., through its 10-percent stake in an 8.3-million-acre Papua, New Guinea resource prospect, is involved in oil and gas exploration. Beginning July 29th, Robert McAllister became the new president and CEO, while current board member Georgina Martin was appointed CFO. Those changes were accompanied by the resignation of former company officers David Martin, Ian McKinnon and Dean Swanberg. The three men concurrently cited a desire to explore other business opportunities as their reason for leaving. New CEO Robert McAllister seemed enthusiastic about taking the reins, stating: "I am excited about working with all the stakeholders of…

MondayAug 04, 2008 1:30 pm

Neomedia Technologies, Inc. (NEOM.OB) Secures Critical Financing for Project Launch

NeoMedia Technologies describes itself as "the global leader in camera-initiated transactions for mobile devices". The company intends to capitalize on the numerous opportunities afforded it by NeoReader, a mobile barcode scanning application for the Apple iPhone. Now available in Apple's App Store, the NeoReader application literally transforms the camera on a user's iPhone into a barcode scanner, granting instant access to mobile marketing content and opening the door to a vast array of possibilities. On Monday, August 4th, just days after news of the release hit the presses, NeoMedia announced that it had received a financing commitment from Yorkville Advisors…

MondayAug 04, 2008 12:26 pm

eDOORWAYS (EDWY.PK) Connecting Consumers with Vendors

eDOORWAYS is an innovative platform that connects consumers with specifically targeted businesses that pertain to an individual consumer's basic needs. The company's platform combines positive aspects of highly successful businesses and helps overcome some of the flaws that have prevented them from becoming fully comprehensive tools for consumers, experts, and businesses to connect. The design of eDOORWAYS is a collaborative venue connecting people with questions to experts who have the answers and solutions, while at the same time making recommendations as to where to buy goods and services related to areas of interest. This gives people with advanced knowledge in…

MondayAug 04, 2008 12:20 pm

Linkwell Corporation (OTC: LWLL) Helping to Serve China’s Disinfectant Industry

Linkwell Corporation (OTC: LWLL) is an established leader in China's disinfectant industry. The company owns 90% of Shanghai Likang Disinfectant High-Tech Company, Limited (Likang). Shanghai Likang Disinfectant High-Tech Company, Limited (Likang) is a science and technology enterprise founded by the China Army Second Military Medical University in 1988 and given a name-change to Likang in 1993. Likang specializes in the production, sale, and distribution of a wide variety of disinfectant health care products and services. With over ten years of research and development experience focusing specifically on their products, Likang was a pioneer in the application of technology to the…

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