Blog - Page 4065 of 5700

WednesdayOct 14, 2009 9:07 am

Chaparral Energy and United Refining Energy Corp. (URX) Announce Merger

Yesterday, privately-owned Chaparral Energy, Inc. and publicly held United Refining Energy Corp. jointly announced that they have entered into a merger agreement. The combined company will be named Chaparral Energy, Inc. and will remain trading on the NYSE Amex until approval of a planned application to transfer listing to the NYSE. Once transferred, the company will use “CPR” as its symbol. The proposed transaction is valued at approximately $1.8 billion, and is expected to close by December 11, 2009. Chaparral’s senior management team, including Chairman and CEO Mark A. Fischer; Joseph O. Evans, CFO; and Robert W. Kelly II, Senior…

WednesdayOct 14, 2009 8:35 am

Consorteum Holdings Inc. (CSRH.OB) Files its First 10K Year End Filing

Consorteum Holdings, Inc. announced this morning before the opening bell that it has completed and filed its corporate 10K filing for the year ending June 30th, 2009. Despite the worst global economic downturn to take place in 70 years, Consorteum completed its busiest year to date. In the last 12 months, the company completed a reverse merger, two audits, launched two commercial programs and added an additional global opportunity contract. Craig Fielding, CEO of Consorteum Holdings Inc., stated, “We are very pleased with the progress and advancements the company has made over the last year, especially when considering the difficult…

WednesdayOct 14, 2009 8:28 am

eDoorways Corp. (EDWY.PK) Announces Intent to Purchase Mobile Video Transceiver Technology

In an effort to increase the prospect of its service offering, eDoorways Corporation has signed a letter of intent to purchase the mobile device technology and services of a development team from Ian Mitchell of Universal Design Technologies, Inc. eDoorways plans to operate its acquisition as a wholly owned subsidiary. The technology supports what eDoorways calls the "eC Device." This cutting edge device is best described as a first-person perspective, video transceiver resembling an earpiece with a video display lens that goes over the eye. The eDoorways subsidiary plans to develop the eC Device for market consumption as well as…

WednesdayOct 14, 2009 7:53 am

Consorteum Holdings Inc. (CSRH.OB) Announces New Initiative to Make Check Cashing Easy and Convenient

Yesterday after the closing bell, Consorteum Holdings, Inc. announced that it has launched its mobile check cashing program. The service offers a more convenient way to cash payroll checks versus utilizing check cashing facilities. After two years of development with the help of its partners, Consorteum has initiated the pilot phase of its check cashing program in the Toronto, Ontario region. The first stage of implementation will be the deployment on several trucks. The drivers will be able to offer their clients the expediency of real-time check cashing services, loading customer funds directly onto a personalized prepaid Credit Card right…

TuesdayOct 13, 2009 2:03 pm

Pharmaceutical Industry Consolidation

Abbott Laboratories (NYSE: ABT) recently announced that the company will purchase the pharmaceutical arm of Belgium's Solvay Group for $6.5 billion. This deal expands both the company's product range and the company's presence in fast-growing emerging countries, helping defer the effect of patent expiries and compensate for sluggish growth in its traditional markets, such as the United States. We also have the recent $442 million paid by Johnson & Johnson (NYSE: JNJ) for 18% of Crucell ADR (NASDAQ: CRXL). This will give Johnson & Johnson the development rights on a flu vaccine designed to protect against all future strains of…

TuesdayOct 13, 2009 2:02 pm

The Games People Play

Much like characters in a real-life video game, the companies that make video game consoles – Sony ADR (NYSE: SNE), Microsoft (NASDAQ: MSFT) and Nintendo ADR (OTC: NTDOY) continue bashing each other as they battle one another for the largest share of the video game console market. Most investors are well aware of this battle going on between these three rivals, so no surprises there. The real surprise in the games console market, of which most investors are unaware, is occurring in the area of handheld games consoles. It is this surprise which may lead to a profitable investing opportunity.…

TuesdayOct 13, 2009 1:40 pm

Small Cap Voice Featured Company: The Wyncrest Group Inc. (WNCG.PK)

The Wyncrest Group Inc. is focused on designing insurance products customized to provide risk management solutions to carefully selected specialty markets where conventional lines don’t exist. These contracts are offered through the company’s separate subsidiaries or in some cases patented and licensed. Wyncrest’s specialty construction liability solutions are typically structured as a captive insurance company hosted in tax friendly country like Panama so the insured can enjoy certain tax benefits. They offer a solution to difficult problems like asbestos liability coverage required by governments for drywall contractors while controlling claim risk. The company’s warranty products are sold directly through its…

TuesdayOct 13, 2009 1:17 pm

QualityStocks Newsletter Featured Company: International Aerospace Enterprises Inc. (IARO.OB) Up 54.22%

International Aerospace Enterprises Inc. shares are currently trading at $0.064 a share, up $0.0225 or 54.22% for the day. The stock is trading on massive volume of nearly 17 million shares, which is well in excess of the average daily volume. The company was recently highlighted in the FREE Daily Newsletter from QualityStocks. At the time, the stock was trading for only $0.03 a share, which means investors made over 100% on their money! International Aerospace Enterprises is a provider of discounted military aircraft spare parts for both the US military and its allies throughout the world. The shares moved…

TuesdayOct 13, 2009 12:33 pm

Small Cap Voice Featured Company: Sunergy, Inc. (SNEY.OB)

Sunergy, Inc. is a production oriented junior mining company focused on the evaluation, acquisition, exploration, planned operation and advancement of gold/silver/diamond development. The company controls 100% of the 150 SQ. Km. Nyinahin mining concession with a full prospecting license. The concession is surrounded by several operating mines and is adjacent to Newmont Mining's property. The Ofin River flows through the eastern portion of the concession and there are numerous artisan pits ready for testing and evaluation for near term production. The Ofin River is known for good alluvial gold production. Artisans usually recover about 30% of the available gold through…

TuesdayOct 13, 2009 11:58 am

GT Solar International Inc. (SOLR) Finds Successes in Reducing Per/Kilowatt Hour Costs

Although clean energy was once a rather leading edge concept, it is increasingly becoming a commodity item. How much, when and where are now the real issues to consider. In terms of solar power, kilowatt/hr is the issue. If the cost per kilowatt hour can be reduced, the company that can achieve is the one that will profit. Finding the company that can provide that less cost with a solid product is the way to profit in a market that is increasingly becoming more accepted. GT Solar International Inc., a manufacturer of solar power equipment manufacturing components, works to supply…

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