Blog - Page 4178 of 5550

FridayNov 21, 2008 10:12 am

Unilens Vision, Inc. (UVICF.OB) Reports Record Sales & Earnings

Unilens Vision, Inc., Florida-based provider of specialty contact lens products, reported record first quarter FY2009 sales of $1,761,526, along with record first quarter net income of $466,367, representing increases of 5.3% and 23.6% respectively from the same quarter last year, the result of continued growth of the company’s C-Vue® brand of specialty contact lenses. Sales of licensed products by company licensee Bausch & Lomb continued to increase, resulting in double-digit royalty income growth. Quarterly royalty income increased 16.4% over last year to a record $713,397. Unilens CEO, Michael J. Pecora, commented on the strong performance, as well as on the…

FridayNov 21, 2008 9:09 am

Solar Power Inc. (SOPW.OB) Sees Franchise Operations Gaining Traction, Cradle to Grave Solar Power Installation and Service the Coming Wave

At some particular point, a newer market begins to settle into its own pace. Customers begin to become comfortable with a product or service and expect what they have always expected from an everyday product or service, value and service of that product. In many ways, this is where investors can make the big score. Others have done the heavy lifting, enabling the wise investor to invest more safely and with a solid expectation of steady revenue. Finding a company that is nearing this point of investment is the trick. Solar Power Inc., a solar power module manufacturer, assembler, installer…

FridayNov 21, 2008 8:09 am

Converted Organics Inc (COIN) Falls More than 15%, Holds Support Line

Converted Organics Inc. is one of the few stocks that have brought enormous returns to shareholders in the current market conditions. In August the stock consolidated around $3.10 only to explode and reach $7.83 on news that the company will supply seven of Gro Group’s major distributers that service as many as 15,000 lawn and garden retailers. The stock price didn’t hold that level however and quickly returned to the previous consolidation level. Shortly after that bounce, another took form that reached $6.47. As with the last run-up, the stock didn’t hold the higher price level and is now back…

FridayNov 21, 2008 7:27 am

Axial Vector Energy Corporation (AXVC.PK) Led by Chairman Dr. Jack Walter

Axial Vector Energy Corporation is a global solutions provider based in Portland, Oregon that owns, develops and licenses revolutionary internal combustion engine and electric power generator technologies that have unlimited potential in military, industrial and commercial applications. The young company has been very successful of late and one of the reasons for this success is their talented Advisory Board which is comprised of distinguished senior executives who use their extensive experience and expertise in the industry to provide in-depth analysis regarding the strategic development of potential applications that utilize the company's revolutionary new technologies. Leading the way on the Axial…

FridayNov 21, 2008 7:16 am

Unemployed to Receive Additional Jobless Benefits

President Bush has signed into law a bill to keep unemployment checks flowing to unemployed Americans through the holiday season. The government recently reported that the number of workers filing new claims last week for jobless benefits was at its highest level in 16 years. The signing of this bill provides seven more weeks of government unemployment payments, and an additional 20 weeks for those in states with the highest unemployment rates. Let us hear your thoughts thoughts below:

FridayNov 21, 2008 7:02 am

Analyst Says Microsoft Corp. (MSFT) Shares Could Rise 22 Percent Next Year

According to Brad Reback, an Oppenheimer & Co. analyst, Microsoft Corp.’s shares could climb as much as 22 percent in the near term. Mr. Reback stated that the stock could jump as much as $4 from yesterday’s closing price based on conservative earnings projections for the coming year. He went further to say that the stock could fall by $1 in the worst case scenario. He raised his raiting from "Perform” to "Outperform." Let us hear your thoughts below:

FridayNov 21, 2008 6:55 am

Indices Jump in Early Morning Trading after Thursday’s Selloff

After a report was released stating that Citigroup Inc. might put itself up for sale, stocks opened sharply higher. Although it isn’t clear whether Citi is considering to sell parts of itself or the entire company, Wall Street and the financial sector overall showed optimism. Currently, the DOW is up 90 points (1.22%), the NASDAQ is up 28.55 points (2.17%), and the S&P is up 12.55 points (1.67%). Let us hear your thoughts below:

ThursdayNov 20, 2008 8:52 pm

Worldwide Energy and Manufacturing USA, Inc. (WEMU.OB) Announces Record Revenue and Net Income for the Third Quarter 2008

Worldwide Energy and Manufacturing USA, Inc. (WEMU.OB), a 15-year-old engineering-oriented firm specializing in PV panel, mechanical, electronics and fiber optic products manufacturing, recently announced record revenue and net income for the third quarter ended September 30, 2008. Total revenue for the third quarter climbed 546 percent to $19.1 million and quarterly net income increased 327 percent to $541,000. Net sales for the third quarter reached $19.1 million, an increase of $16.1 million or 546 percent, compared to $3.0 million for the corresponding period one-year earlier. The company attributes the sharp revenue gain to a significant increase in orders in the…

ThursdayNov 20, 2008 8:51 pm

Action Products International, Inc. (APII) Releases 2009 Sales Strategy to Greatly Improve Sales by Maximizing Asset Potential

Given the current volatile economic climate, most companies might be tempted to keep their cards close to their vest when it comes to their future plans and sales goals. Not so with Action Products International, Inc. (API). Today, the Orlando, Florida based toy manufacturer and distributor offered the market a glimpse of what it expects to achieve in terms of sales for 2009 and how it will meet its goals. Even with consumer sentiment at its lowest levels in decades, API says its assets can generate better returns for shareholders. API has recently changed its management team and the new…

ThursdayNov 20, 2008 1:48 pm

Vortex Resources Corp. (VTEX.OB) Announces Share Repurchase Plan

Vortex Resources today announced that it is adopting a share repurchase program. The Company’s Board of Directors decided on the program in light of the depressed value of Vortex’s market price. According to the press release, the program was designated to repurchase, at management’s discretion, up to 10,000,000 shares of common stock in the open market through December 31, 2009. The company stated that the repurchases will be made using cash resources and will be in accordance with Rule 10b-18 under the Securities Exchange Act of 1934 and other applicable laws, rules and regulations. Let us hear your thoughts: Vortex…

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