Blog - Page 4124 of 5515

FridayDec 19, 2008 11:01 am

Demand Concerns Cause Oil to Drop Below $34

U.S. light crude for January delivery fell $2.64 to $33.58 a barrel by 6:50 a.m. EST. The new four year low was made on the heels of a record production cut by the OPEC on Wednesday, but even that was not enough to alleviate fears that the weakening global economy will keep crude and crude-related products under pressure for months to come. Technical traders who use long-term price movements to forecast where crude futures will settle believe the next support for oil is around $35 a barrel. Dean Hazelcorn, a trader with Coquest Inc. in Dallas, said refiners' profit margins…

FridayDec 19, 2008 10:43 am

PhotoChannel Networks, Inc. (PNWIF.OB) Provides Investor Community with Update

PhotoChannel Networks, Inc. today told investors that it will be releasing its audited financial statements for its fourth quarter and year ending September 30, 2008 on Tuesday, January 13, 2009. The company will also provide an update regarding the sales made during the holiday season as well as hold a conference call at 4:30 pm EST on January 13, 2009. Investors can participate in the conference call by calling 888-300-0053 or 647-427-3420 and quote ID # 79055296. Kyle Hall, CEO of PhotoChannel, stated, "The company has seen the strong growth of Q4 continue through October, November and now into December.…

FridayDec 19, 2008 10:36 am

Skinny Nutritional Corp. (SKNY.OB) to Develop Another Line of Zero-Calorie, Naturally Sweetened Beverages

Skinny Nutritional Corp. today announced its plans to launch an additional line of beverages early next year. The new drinks will be sweetened with a Stevia-derived sweetener. Stevia is a South American herb known for its ability to sweeten food products without adversely affecting blood glucose levels or adding calories. Ron Wilson, President and CEO of Skinny Nutritional, commented, "We have been working on launching new Skinny beverages that contain an all natural sweetener with ZERO calories. Many consumers are looking for a great tasting, ZERO-calorie beverage that is 100% natural. We also believe that we can gain entry into…

FridayDec 19, 2008 10:02 am

HST Global, Inc. (HSTC.OB) Strengthens Scientific Board with New Member

HST Global, Inc. announced earlier this month that Dr. Kyl Smith has joined its Scientific Board. Much of Dr. Smith’s visibility has been earned in the world of natural medicine. He is a noted researcher, inventor, lecturer, author and scientist, and is known as the inventor of Focus Factor®, the number-one selling brain support product in North America for the last seven years. Dr. Kyl's passion is teaching doctors how to use nutritional therapies to improve cognitive function. He has been featured on numerous radio and television programs across the country, is the author of the acclaimed Brighter Mind® book…

FridayDec 19, 2008 8:55 am

MAP Pharmaceuticals Inc. (MAPP) Announces Deal with AstraZeneca, $800 Million + Potential

Looking at the wide variety of companies working to make a go of their business makes one wonder when and if any of them will actually make the leap from development to profitable. So many companies struggle through the year, with only a hope of breaking through. Every once in a while, however, a company makes the leap after laying out millions to get their product to market. Being willing to take the risk and invest is where the savvy investor profits. The risk remains, but it can certainly result in a nice profit. MAP Pharmaceuticals Inc., a development stage…

FridayDec 19, 2008 8:26 am

Hybrid Technologies, Inc. (HYBR.OB) Expands R&D Efforts, Increases Capabilities

Earlier this year in May, Hybrid Technologies, Inc. opened a fully-owned subsidiary in India with the purpose of creating greater in-house capabilities for research and development (R&D) as well as utilize the vast knowledge pool of India’s engineers. Hybrid Technologies, incorporated in Nevada in 2000, is a development-stage technology company that continues to focus its resources and efforts on the development and marketing of lithium-powered vehicles and products used in commercial and residential properties. The company is focused on developing scooters, bicycles, mopeds, motorcycles, cars and battery backup for home power systems, hoping to convert all to zero-emission, lithium-powered vehicles…

FridayDec 19, 2008 7:46 am

Exchange Media Corp. (EXMD.PK): The Mobile Multimedia Revolution

On his way into the city, a student catches segments of his favorite television show; an entrepreneur checks where his stocks are trading while walking to the office; and a mother takes photos of her little boys playing in the park – all on a mobile phone. The mobile multimedia revolution is taking the world by storm, regardless of age, citizenship gender or class. As wireless markets continue to evolve, handsets are becoming the nexus of mobile content and applications in developing countries around the world. Growth in the mobile multimedia space shows a strong demand for mobile data content…

FridayDec 19, 2008 7:08 am

BWI Holdings, Inc. Announces Second Quarter Results

BWI Holdings, Inc. (OTCBB: BWIH), operating as Budget Waste Inc. (the "Company"), is pleased to announce its financial results for the quarter ended October 31, 2008. Selected financial results are as follows: See table at http://www.budgetwaste.com/Press%20Releases/12192008.html Mr. Jim Can, the Company's CEO, states: "We are very pleased with the progress we have made in regards to controlling our costs and processes. We are finally able to reap the benefits of combining excellent customer service with reasonable margins in a very tough economic climate. We will continue to add process improvements and strive to maintain a positive bottom line." Unfortunately due…

FridayDec 19, 2008 6:01 am

Kraig Biocraft Laboratories, Inc. (KBLB.OB) Makes Significant Breakthrough in the Labs

Earlier this month, Kraig Biocraft Laboratories announced that its scientific team, including Dr. Malcolm Fraser, Dr. Wang, Dr. Sohn, and other members, have found a process capable of doubling the number of gene transfers performed, greatly increasing productivity of the spider silk and high performance polymer development program. Kraig Biocraft is focused on developing and commercializing high performance polymers using spider silk gene sequences. The company intends to participate in the $92 billion market for high performance and technical fibers. Last year, Kraig Biocraft Laboratories signed an intellectual property and collaborative research agreement with the University of Notre Dame and…

FridayDec 19, 2008 5:51 am

What Employment Says About the Economy

Increasingly Complex Conditions Call for Closer Look at Jobs Data During the first half of 2008, as the national unemployment rate stayed fairly steady, economists focused on a lesser-known aspect of the employment situation: people out of work for more than six months. The number of people in this situation grew at the fastest rate (on a year-over-year basis) since February 2003. Although the percentage of long-term unemployed has been much higher and much more serious in the past, the growth rate was sharp enough to attract attention. It’s a reminder that as important as the national unemployment rate is,…

Site Search

Company Search