Blog - Page 4082 of 5482

FridayJan 09, 2009 1:14 pm

Emmis Communications Corp. (EMMS) Announces Financial Results of 3rd Quarter

Today before the opening bell, Emmis Communications Corp. reported its third fiscal quarter results ended November 30, 2008. For the quarter, net revenue was $85.1 million, compared to $90.6 million for the same quarter of 2007. Diluted net income per common share from continuing operations was ($3.45), compared to ($0.21) for the same quarter of the prior year. Without a non-cash impairment charge of $3.51 per share, the company’s diluted net income per common share from continuing operations would have been $0.06. Following the announcement of the financial results, Emmis’ stock rose over 46% in morning trading hours. Emmis Chairman…

FridayJan 09, 2009 9:37 am

Daystar Technologies Inc. (DSTI) Ramping Utility Level CIGS Solar Panel Production

First generation products are always a nice “gee-whiz” sort of thing. Following-generation products, unfortunately, need to deal with the realities of a product performing to a certain level. In most instances, making the leap to this following level is a difficult one as most consumers of the following generation product have a certain expectation of what the product needs to be able to do. If an investor can find that following generation product and a solid manufacturer behind it, he/she may have a solid route to profit. Daystar Technologies Inc., a thin-film photovoltaic products company, develops, manufactures and markets photovoltaic…

FridayJan 09, 2009 8:01 am

Circuit City Stores, Inc. (CC) in Discussions Regarding Possible Buyout/Financing

Circuit City Stores, Inc. announced that it is currently in discussions with two interested parties that may either buy the company or provide the funding necessary to keep the electronics retailer in business. "While the company is optimistic that a transaction can be successfully finalized, no assurance can be given that this will occur," the company said in a statement. Circuit City also stated that sales trends have improved significantly during the last two weeks of December, although overall revenues have been below projections. But the company did say that it has been able to manage expenses and improve gross…

FridayJan 09, 2009 7:41 am

China Gengsheng Minerals, Inc. (CHGS.OB) Enters Partnership with Chinalco’s Gongyi Division

China Gengsheng Minerals, Inc. announced this morning that it has forged a supply partnership for bauxite with Aluminum Corporation of China's Gongyi Division, which produces bauxite from its mine in Gongyi City of Henan Province. This mine, with an estimated reserve of 12 million tons and estimated life of 25-30 years, will be used to supply 150,000 – 250,000 tons of bauxite per year to Gengsheng as raw materials for refractory and fracture proppant products. According to the press release, the company will pay a slightly-below-market price for Chinalco Gongyi's bauxite. "This long-term strategic supply partnership is meant to ensure…

FridayJan 09, 2009 7:33 am

Anesiva, Inc. (ANSV) Receives FDA Approval for Supplemental New Drug Application to Expand Zingo(TM) Indication

Anesiva, Inc. announced today that the U.S. Food and Drug Administration (FDA) has approved its supplemental New Drug Application (sNDA) to expand the indication for Zingo(TM) to treat adults’ pain associated with blood draws. Previously, Zingo (lidocaine hydrochloride monohydrate) powder intradermal injection system was only approved to treat the pain caused by peripheral IV insertions and blood draws in children aging 3-18 years. As announced in November of last year, Anesiva ceased Zingo commercial activities to focus efforts on the development of Adlea(TM). This non-opioid, long-acting analgesic drug candidate was designed to mange the acute pain that follows orthopedic surgeries.…

FridayJan 09, 2009 7:25 am

China Voice Holding Corp. (CHVC.PK): SEC Completes Review of Form 10 Registration Statement

Today, China Voice Holding Corp. announced that it has received a letter from the Securities & Exchange Commission (SEC) that confirms the Company’s Form 10 Registration Statement has been reviewed and that there are no further comments. Commenting on the SEC letter, CHVC’s President and Chief Executive Officer Bill Burbank stated, “We are grateful that the registration of our common stock has become effective with the Securities & Exchange Commission. This is a significant event toward our goal to create credibility and transparency to the benefit our shareholders.” He continued, “We are now a fully reporting company and our common…

FridayJan 09, 2009 7:15 am

Axial Vector Energy Corporation (AXVC.PK): Discovering an Innovative Way to Capitalize on the Growing Wind Energy Market

A record 20,000 megawatts (MW) of wind power were installed worldwide in 2007, with the United States, Spain and China providing the biggest annual increases, bringing world-wide installed capacity to 94,112 MW. GWEC Secretary General Steve Sawyer commented, “The growth rates we are experiencing in wind energy continue to exceed our most optimistic expectations.” AWEA Executive Director Randall Swisher stated, “This is the third consecutive year of record-setting growth, establishing wind power as one of the largest sources of new electricity supply for the country. This remarkable and accelerating growth is driven by strong demand, favourable economics, and a period…

FridayJan 09, 2009 7:09 am

BWI Holdings, Inc. Approves a 5-1 Forward Stock Split

BWI Holdings, Inc. (OTCBB: BWIH), operating as Budget Waste Inc. (the "Company"), today announced that at the board of directors meeting January 5, 2009 the board approved a forward stock split of five common shares for every one common share outstanding as of the record date January 20, 2009. The stock pay date is January 30, 2009. The board believes that with BWI's demonstrated past performance, an exceedingly successful expansion history and the new systems and business model which they are operating, the stock split will provide shareholders with added value and encourage the investment community to continue to show…

ThursdayJan 08, 2009 1:48 pm

mPhase Technologies Inc. (XDSL.OB) is “One to Watch”

Trading on the OTCBB, mPhase Technologies, Inc. focuses on developing and commercializing a new battery technology. Headquartered in Little Falls, New Jersey, they do this through their wholly owned subsidiary AlwaysReady, Inc. They base their technology on a well-patented phenomenon known as electrowetting. This phenomenon provides a unique way to store energy and manage power. Research groups at several universities including MIT, Rutgers, and the University of Wisconsin are now publicizing their work on electrowetting and superhydrophobicity and superlyophobicity. They are working to create "smart" structures on metal, ceramic, or polymer surfaces that resist getting dirty, fogging up, or forming…

ThursdayJan 08, 2009 11:53 am

Thresher Industries Inc. (THRR.PK) is “One to Watch”

Headquartered in Hanford, California, Thresher Industries is a provider of aluminum and metal matrix composite alloy castings. The Company started as a perm-mold casting enterprise, but later expanded their manufacturing capabilities to include low pressure, high pressure, and Nautilus Core manufacturing. The Nautilus Core manufacturing is a unique method of producing cores for use in aluminum and magnesium casting. The core is easily removable through high-pressure steam or water, is biodegradable, and can be located in areas not viable for sand or foam core. Thresher Industries offers full engineering, metallurgical, and sales support along with designs and prototype development. The…

Site Search

Company Search