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TuesdayAug 26, 2008 5:32 am

Uranium Hunter Corp. (URHN.OB) Announces Strong Initial Readings on First Ruhuhu Target

This morning, Uranium Hunter Corp. announced that it has continued to receive positive results from its ongoing advanced field program at Ruhuhu. Initial traversing has delivered very high Geiger-counter readings at ground Target 4. As high as 870 cps were recorded over a 25m interval at the northeast side of the trend anomaly. Taking into account these encouraging results, the company intends to move forward with trenching, pitting, and systematic sampling at Target 4 while continuing with its existing field program. The company stated that it will be reporting further updates to shareholders as results become available. Uranium Hunter also…

TuesdayAug 26, 2008 4:57 am

Action Products Intl. Inc. (APII) Acquires Merchant Bank, Names New CEO

In a move designed to enhance its intellectual property access in the United States, Action Products International, Inc. (NASDAQ: APII) completed acquisition of B.E. Overseas Investment Group LLC. Action Products is a global manufacturer and distributor of educational and non-violent children's products. B.E. Overseas is a merchant bank and consulting company focused primarily on the medical field that provides capital to foreign companies. "Through the B.E. Home Medical Products Group, B.E. has agreements to release several electronic home health products from overseas companies," a company news release said. "Bunch of Expressions is a uniquely modeled import and distribution company selling…

TuesdayAug 26, 2008 4:54 am

Gas Pipeline ConnectedGas Pipeline Connected to New JayHawk Energy, Inc. (JYHW.OB) Wells To New JayHawk Energy, Inc. (JYHW.OB) Wells

Four additional wells in the Kansas Cherokee Basin Project signal progress for JayHawk Energy, Inc. (OTCBB: JYHW). The company is developing 50,000 gross acres. This brings the total to six out of a planned 20 wells for the first stage of natural gas production. The end goal is 100 wells in the southeast Kansas location, where 95 percent of the acreage is owned by JayHawk. Average production in the wells is an initial exit rate of 26 to 30 million cubic feet per day. Current and future wells are designated to have larger compressors and expand to increased multi-zone production…

TuesdayAug 26, 2008 4:43 am

Remedent, Inc (REMI) Licenses GlamSmile for New Dental Veneer Technology

The smiles are bigger around the offices of Remedent and Den-Mat Holdings this week. The two companies signed an international distribution and collaboration agreement Monday for new cosmetic dentistry products. Den-Mat has acquired exclusive rights to domestically and internationally manufacture, market and distribute GlamSmile technology to enhance its own porcelain Lumineers line. GlamSmile encompasses Remedent's (OTCBB: REMI) single-motion veneer placement tray technology, proprietary veneer fabrication technique, and computer imaging design and digital preview technology. In turn, this will enable Den-Mat to proceed with a November launch to dentistry professionals of LumiTray, a one-tray process for easy, efficient placement of Lumineers.…

TuesdayAug 26, 2008 4:37 am

A.D.A.M. Inc. (ADAM) Fulfills a Durable Business Need

Intrigue will first draw you to this stock. The price is very close to the 52-week low of $5.80 as August 2008 draws to a close. The Price to Earnings Ratio is at 15.68, with a Beta of 1.10. 39% of the stock is with institutions, and there are less than 10 million shares outstanding. What should one do? You can hardly turn away, for the business evolution appears to be on course. The company started by disseminating information on health issues. However, it showed amazing agility in moving sideways into providing employers with benefit solutions. Suddenly, a pattern emerged…

TuesdayAug 26, 2008 4:35 am

Patent-Proof Profitability – Tuesday Treadmill

The pharmaceutical industry is proof of the profit-powers of patents. There are no controls on how much we must fork out to stay well. Exorbitant drug prices have large parts in the ongoing health-insurance crisis. Patent protection does not last forever. No corporation can be certain that the flow of new inventions will flow to market unchecked. The very nature of research implies that a company may suffer a dry spell with respect to viable new molecules. Stock investors should back stocks of companies that have the competencies to thrive without patent protection. Corporations from the third world are arguably…

TuesdayAug 26, 2008 4:31 am

Books-A-Million, Inc. (BAMM) Management Discusses Second Quarter Financial Results

Books-A-Million, Inc. (NASDAQ: BAMM), one of the nation’s leading book retailers selling on the Internet at www.booksamillion.com, recently announced its financial results from the fiscal second quarter ending August 2, 2008. The company reported that net sales declined 7.5 percent to $122.8 million, down from $132.8 million in the year-earlier period. In addition, net income for the second quarter decreased to $645,000, or $0.04 per diluted share, compared with net income of $3.1 million, or $0.19 per diluted share, during the same time period one year earlier. Books-A-Million’s management team believes that the decrease in net sales and comparable store…

TuesdayAug 26, 2008 4:29 am

Shares of Pacific Sunwear of California, Inc. (PSUN) Drop to Multi-Year Low on Second Quarter Earnings and Weak Guidance

Pacific Sunwear of California Inc. (NASDAQ: PSUN), a retail operator that sells casual apparel, accessories and footwear, including shorts, pants, overshirts, sweatshirts, outerwear and sunglasses, recently announced its financial results from the second quarter. Shares plunged to a multi-year low late last week after the company reported only a marginal increase in same-store sales compared to the year-earlier period. Total sales reached $312.7 million for the quarter, a slight increase over total sales of $311.8 million for the second quarter of fiscal 2007. Total same-store sales declined 1 percent during the second quarter of fiscal 2008. Income from continuing operations…

MondayAug 25, 2008 4:20 pm

August 25th CEOcast Weekly Newsletter

Companies featured in the current edition of the newsletter: ACCY, ACTC, CETG, CLXS, CTVWF, CVM, DRGP, FMTI, GNBT, GSPG, HJHO, ITUI, PFOB, PLKH, SRRY, SWVC, TKO, VYTR In three sessions last week, volume at the NYSE failed to exceed 1.0 billion shares. Call it a vacation factor or whatever you want. It clearly indicates that there wasn't a lot of conviction in last week's trading action. The Dow Jones Industrial Average dropped 32 points or 0.3%, increasing its year to date loss to 12.3%. The Nasdaq Composite Index finished the week 38 points lower, with a year to date loss…

MondayAug 25, 2008 3:28 pm

Uranium Hunter Corporation (URHN.OB) has Joined the International Search for Uranium

Uranium Hunter Corporation is a natural resource company devoted to the exploration and development of deposits of uranium in East Africa. The company has acquired properties in Tanzania that further enhance their position to become an established leader within the renewable energy industry. Around the world, nuclear energy is becoming a core issue for many countries. Currently, 30 countries representing two-thirds of the world's population use some 442 nuclear reactors to produce 16% of global electricity. Expansion of nuclear energy is underway in some countries already; China and India have plans to quadruple their nuclear capacity by 2020. The International…

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