Blog - Page 4218 of 5572

FridayNov 07, 2008 9:42 pm

Drugstore.com, Inc. (DSCM) Announces Third Quarter Financial Results; Expects Profitability in the Fourth Quarter

Drugstore.com, Inc. (NASD: DSCM), a leading online provider of health, beauty, vision, and pharmacy products, recently reported its financial results for the third quarter ended September 28, 2008. The company reported an 8.5 percent year-over-year increase in quarterly sales to $87.8 million and a net loss of $3.6 million, or a loss of $0.04 per share. Healthy sales of over-the-counter (OTC) orders fueled the sales gain for the quarter. Along with the increase in sales, the company achieved record gross margins for the third quarter of 28.6 percent, a solid gain of 90 basis points compared to the year-earlier period.…

FridayNov 07, 2008 9:41 pm

China Pharma Holdings Inc. (CPHI.OB) Posts Positive Q3 Results Across the Board

China Pharma Holdings Inc. (OTCBB: CPHI) develops, manufactures and markets generic and branded specialty pharmaceutical products in China. The company today announced its third-quarter results for the period ended September 30, 2008, marking significant increases in revenues and net income. China Pharma posted a 52 percent increase in revenues, reported at $12.61 million, up from $8.29 million for the same quarter last year. The company attributes this to its expansion of marketing and promotional activities implemented to boost sales of existing products and the introduction of new ones. Revenue for the nine months ended September 30, 2008 rose 47% year-over-year.…

FridayNov 07, 2008 12:55 pm

Sector 10, Inc. (SECT.OB) is “One to Watch”

In the ever-changing fast-paced world of Wall Street, everyone is scrapping for the new big stock. While the economy has been on a roller-coaster ride of late, there is one thing that no one can put a price on, that one thing is safety. The young company Sector 10 has taken the business of safety to another level. Sector 10 is working to redefine the emergency response paradigm from centralized equipment staging to onsite pre-deployed resources. Sector 10 is the only emergency response systems company so strongly emphasizing pre-deployed resources as the way to save lives from injuries and reduce…

FridayNov 07, 2008 12:51 pm

Panasonic and Sanyo to Merge?

Talks between Panasonic and rival Sanyo began on Friday with regard to a possible buyout deal. The two electronics manufacturers could complete a merger as soon as year's-end, which would effectively create the largest Japanese electronics company, surpassing Hitachi. "We need another engine for growth, "said Panasonic president Fumio Ohtsubo, "We need another pillar for far greater growth. And Sanyo was that best partner." In addition to a possible joint future, the companies have an interesting shared history: The founders of the two electronics giants were brothers-in-law. Let us hear your thoughts below:

FridayNov 07, 2008 12:50 pm

Wall Street Ends Rough Week on a Rebound

After a week's worth of tumultuous conditions, there was finally some relief for battered stocks on Friday. The Dow jumped as much as 200 points, or roughly two percent, with the Nasdaq and S&P logging similar percentage gains. This increase came in defiance of a weak report from the U.S. Department of Labor citing a fourteen-year high 6.5 percent rate of unemployment. Gains on the day tapered following an address from president-elect Barack Obama. Let us hear your thoughts below:

FridayNov 07, 2008 12:50 pm

AIG Repays $2.3 Billion – Seeks New Loan Terms

Shares of American Insurance Group, Inc. increased by almost fifteen percent on Friday as the company paid $2.3 billion into the $85 billion borrowed from the U.S. government in September. Another factor playing into the 27-cent jump was the rumored possibility of a renegotiation of terms on the loan. Spokespeople from both AIG and the federal government refused to comment on the reports. Let us hear your thoughts below:

FridayNov 07, 2008 12:47 pm

Bald Eagle Energy, Inc.’s (BEEI.OB) Operations Strategically Located on Alaska’s North Slope

Bald Eagle Energy is a relatively new company with one simple goal: To decrease America's dependency on foreign oil through the development of domestic sources. Based out of Houston Texas, and with its primary operations in oil-rich Alaska, Bald Eagle is poised to become a significant player in the American oil and gas industry. In the spring of 2008, the company entered into an agreement to purchase a 100 percent interest in six leases in Alaska's North Slope Basin, a region famed for the vast stores of oil contained therein. The exploration areas that Bald Eagle have acquired, totaling more…

FridayNov 07, 2008 12:43 pm

8 Reasons To Own Gold

Gold is respected throughout the world for its value and rich history, which has been interwoven into cultures for thousands of years. Coins containing gold appeared around 800 B.C., and the first pure gold coins were struck during the rein of King Croesus of Lydia about 300 years later. Throughout the centuries, people have continued to hold gold for various reasons. Below are eight reasons to own gold today. 1. A History of Holding Its Value Unlike paper currency, coins or other assets, gold has maintained its value throughout the ages. People see gold as a way to pass on…

FridayNov 07, 2008 12:40 pm

China Growth Development Inc. (CGDI.OB) is “One to Watch”

China Growth Development Inc. (CGDI) is known as the largest investor, owner and manager of commercial real estate in the capital city of Taiyuan, located in the Shanxi province of southern China. The company currently owns and manages 5,000 commercial units within its six well positioned shopping centers, which together service an urban population of 3.4 million people. China Growth Development is focused on providing high-quality leasing opportunities for both retail and wholesale clients in convenient, modern shopping centers. The company aims to anticipate and satisfy the evolving needs of their retail and wholesale clients. Through this successful strategy, they…

FridayNov 07, 2008 11:31 am

Extreme Networks (EXTR) Wins Coveted ISO 9001:2000 Certification

Extreme Networks, Inc., provider of converged Ethernet networks, announced today that it has achieved the highly respected ISO 9001:2000 certification, in recognition of the company’s dedication to quality standards in the design and delivery of hardware and software solutions. The certification represents a successful culmination of a year-long effort by the company preparing for the independent ISO audit by TÜV SÜD America, a globally recognized testing, inspection, and certification organization. Hermann Ries, Lead Auditor from TÜV SÜD America, detailed the reason for the approval recommendation. “Extreme Networks has demonstrated itself as an organization where the application of ISO 9001, throughout…

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