Blog - Page 4071 of 5482

WednesdayJan 28, 2009 8:47 am

Worldwide Energy and Manufacturing USA, Inc. (WEMU.OB) Pursues NASDAQ Status

Worldwide Energy and Manufacturing USA, Inc., a U.S.-based China manufacturer focused on manufacturing and distributing solar modules in the commercial sector, this morning announced that it has applied to have its common stock listed on the NASDAQ Capital Market. CEO Jimmy Wang commented, "We have worked very hard over the last four years to put our company in a position to qualify for a NASDAQ listing. Our contract manufacturing division and our solar division are experiencing double- and triple-digit earnings and revenue growth, respectively. We have spent considerable time meeting with officials at the NASDAQ over the last 12 months,…

WednesdayJan 28, 2009 8:24 am

Hunt Gold Corp. (HGLC.PK) New Chairman Brings a Lifetime of Experience and Expertise

Recently, Hunt Gold Corp. appointed Frederick J J Blaauw as its Non Executive Chairman. Earning his B.Sc in Mining Engineering from the University of the Witwatersrand in South Africa, he has served at the highest Managerial Level of many of the world's foremost mining companies, and has written a number of mining publications. Mr. Blaauw has been extensively involved in Consulting Projects, and was a Principal and Co-Founder of Resources International which provided more than $650 million in funding to mining projects. He brings a huge wealth of knowledge, connections, experience and skills to Hunt Gold. Commenting on Mr. Blaauw’s…

WednesdayJan 28, 2009 7:59 am

Enterprise Oilfield Group, Inc. (TSX: E) Offers a Comprehensive Array of Services

With a fleet of over 260 trucks and heavy-duty units, Enterprise Oilfield Group is capable of building pipelines, facilities and installing underground utilities anywhere in Northern and Central Alberta. The company works with both the oil & gas and utility markets, with the majority of projects in pipeline construction and the minority in underground utility installation. Enterprise specializes in small to medium diameter pipeline construction and maintenance projects primarily on steel gathering system pipe under 12" in diameter. With pipeline construction operations based in Slave Lake, Peace River, and Wainwright, Alberta, the company offers: Pipeline construction, Pipeline repair and maintenance,…

WednesdayJan 28, 2009 7:28 am

Thresher Industries, Inc.’s (THRR.PK) Facilities and Equipment

Thresher produces aluminum and composite castings at its Hanford Foundry, an 18,000-ft2 permanent-mold casting operation, with finishing equipment, tool storage facilities, a small maintenance department, quality assurance department with surface plates, hand measuring equipment, file storage and offices for engineering and production control. The building is currently being completely remodeled by the owner with new paint and parking areas being resurfaced. Headquartered in Hanford, California, within the Kings County Enterprise Zone, the company enjoys the advantages of a moderate climate, excellent local government support, and programs designed to enhance Kings County’s business environment. More specifically, Thresher is located within a…

WednesdayJan 28, 2009 7:09 am

Saving America’s Storied Automakers

Just in time for the holidays, the White House agreed to a much anticipated rescue of American automakers. Chrysler LLC and General Motors Corp. would immediately receive $13.4 billion in short-term loans from TARP (Troubled Assets Relief Program), followed by potentially $4 billion more in February. The White House offered to help the automakers after Congress was unable to agree on a rescue effort of its own. The automakers had appealed for Washington's help to prevent their looming bankruptcies. In addition to the cash infusion, the terms and conditions established by the Treasury provide a framework for restructuring and call…

TuesdayJan 27, 2009 12:18 pm

Master Distribution Systems Inc. (MDBS.PK) is “One to Watch”

Master Distribution Systems, Inc. focuses on building their shareholders' value via the acquisition of a broad spectrum of enterprises that fit their value-investing philosophy. The company looks to identify companies that are undervalued. However, they also look for these companies to have strong fundamentals, superior management skills, and vision. The Company follows extensive criteria when they evaluate the acquisition and developing of assets. These include if an enterprise's management consistently performed well in the past and if a company can grow without assuming excess debt. They also look at a company's profit margins; are these profits increasing, or can they…

TuesdayJan 27, 2009 8:51 am

The Significance of QuoteMedia, Inc.’s (QMCI.OB) Recent Agreement with Penson Worldwide, Inc. (PNSN)

QuoteMedia, Inc. (QMCI.OB), a provider of market data and financial applications, announced in summer of last year that it has entered into an enterprise agreement with Penson Worldwide, Inc. (PNSN), a provider of flexible technology-based solutions to the investment industry. Previous to this agreement, QuoteMedia had a well established relationship with Penson, and was providing a wide array of services to Penson’s clients through its subsidiary, Nexa Technologies. However, the new agreement is expansive in its scope and in the degree of integration involved. To have a company like Penson, which has a well known reputation for technological superiority, choose…

TuesdayJan 27, 2009 8:16 am

TeleCommunication Systems, Inc. (TSYS) Receives U.S. Patent for Deploying Content to Wireless Devices

Today, TeleCommunication Systems, Inc. announced that the U.S. Patent and Trademark Office has granted the company patent number 7,483,983 for "Method and System for Deploying Content to Wireless Devices." This invention allows internet content to be displayed on wireless devices through web browser applications. The Nielsen Company recently reported the results of a survey that found 17 percent of U.S. mobile phone users, or 43 million subscribers, access the Internet. Although these users are able to access internet content through the web browser of their wireless device, most internet sites are only designed to display information on a standard computer…

TuesdayJan 27, 2009 7:37 am

Fed Expected to Keep Rates at Record Lows; Examines other Methods of Revitalizing Economy

Federal Reserve Chairman Ben Bernanke and his colleague will be opening a two-day meeting this afternoon where they will reassess the current state of economy and financial conditions. It is almost certain that they will leave the key interest rate at a record low to battle the stubborn recession. At last month’s meeting, the Fed made history by slashing its key rate from 1 percent to a new, targeted range of between zero and 0.25 percent. Many economists anticipate that the Fed will leave rates at that range throughout the rest of 2009. The Fed may also unveil new actions…

TuesdayJan 27, 2009 7:15 am

German American Bancorp, Inc. (GABC) Achieves Remarkable Results during 2008

Today, German American Bancorp announced that even with the slowing economic environment, it has achieved record 2008 financial performance, earning $12,803,000, or $1.16 per share. In comparision, the company reported net income of $9,405,000, or $0.85 per share, in 2007. Mark Schroeder, President & Chief Executive Officer, commented, "We are pleased to report a continuation of the Company's strong financial results in the fourth quarter and throughout 2008, a feat made even more remarkable given the events of the past year and the many issues facing the national economy. Despite these significant challenges, we enjoyed solid performance throughout our Company,…

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