Blog - Page 4218 of 5632

TuesdayFeb 03, 2009 5:45 am

Hunt Gold Corp. (HGLC.PK) Proposes a Stock Repurchase Program

Hunt Gold Corporation announced today that it intends to implement a stock repurchase and cancellation program. The stock buyback program would be funded through a loan secured against part of the proceeds of the sale of its "Lookout Silver" interests. The company promised to inform investors of the details of this program. Hunt Gold believes the stock market has massively undervalued the company at this time and that a significant reduction in the amount of outstanding shares of its Common Stock will do much to rectify this huge discount. In the press release, the company reaffirmed that proceeds from the…

MondayFeb 02, 2009 3:30 pm

February 2nd CEOcast Weekly Newsletter

Companies featured in this edition of the newsletter: ACCP, ACTC, AIDO, ECOI, GNBT, ITUI, MWAV, PLKH Investors once again displayed their resiliency in the face of difficult news this week, as negative developments continued to roll in but were mostly taken in stride. All of the major indices reported slight declines this week, but considering the spate of bad news rolling through Wall St, it can be seen as a victory of sorts that markets didn't decline more precipitously. All told, the Dow ended down 76 points, closing at 8077, down 0.9% on the week and 8.8% on the year-its…

MondayFeb 02, 2009 2:23 pm

What Questions Should You Ask When Shopping for an ETF?

In the past three years, the popularity of ETFs (exchange traded funds) has exploded. ETFs allow investors and traders alike to easily purchase a basket of companies as well as trade commodities and currencies through a typical brokerage account. The benefits of trading like a stock, low expense ratios, easy diversification and tax efficiency have all contributed to the demand for this relatively new trading vehicle. First it is important to evaluate the ETF. What does it track, how is it constructed, what’s inside and how long has it been around are excellent questions. It is also a good idea…

MondayFeb 02, 2009 9:32 am

B/E Aerospace, Inc. (BEAV) Reports Record Financial Results for 2008

In the midst of the current economic turmoil, B/E Aerospace announced that 2008 was its most successful year. 2008 net sales totaled $2.1 billion, 25.8 percent higher than 2007’s numbers. Record net earnings for 2008 was reported at $200.6 million, or $2.12 per diluted share, which was an increase of 36.2 percent and 27.7 percent, respectively, when compared to the prior year. Amin J. Khoury, Chairman and Chief Executive Officer of B/E Aerospace, Inc. commented, “In spite of deteriorating global economic conditions beginning in the second half of the year, 2008 was a record year for the company in terms…

MondayFeb 02, 2009 9:18 am

Human Genome Sciences, Inc. (HGSI) Announces Delivery of Anthrax Treatment to U.S. Strategic National Stockpile

Today, Human Genome Sciences announced that it has begun delivering 20,000 doses of its human monoclonal antibody drug ABthrax(TM) (raxibacumab) to the U.S. Strategic National Stockpile. ABthrax, a first-in-class treatment for anthrax, is recognized as the first procurement under Project BioShield of a product discovered and developed after the September 11, 2001 terrorist attacks. "We believe ABthrax offers a significant step forward in the treatment of inhalation anthrax and could play an important role in strengthening America's arsenal against bioterrorism. From a business perspective, this announcement is strategically important for HGS, because it marks our Company's first product sales,” said…

MondayFeb 02, 2009 8:16 am

Hague Corp. (HGUE.OB) is “One to Watch”

Hague Corp. is a development stage company focused on the production of Quantum Dots and Thin Film Quantum Dot PV Solar Cells. The company’s aim is to significantly reduce the cost of solar energy by replacing silicon wafer-based solar cells with low-cost, highly efficient Quantum Dot-based solar cells. In fall of last year, the Company merged with Solterra Renewable Technologies, Inc., a start-up solar technology and quantum dot manufacturing firm. The company has an exclusive worldwide license agreement with William Marsh Rice University to develop, manufacture, and market Rice’s inventions in the solar technologies world. Solterra has developed a low…

MondayFeb 02, 2009 7:56 am

Beacon Equity Research Features Nitro Petroleum, Inc. (NTRO.OB); Establishes $0.16 Price Target

Nitro Petroleum Inc. focuses its efforts on exploring and developing oil and natural gas properties in the United States. The Company has interests in three prospects covering 240 acres (the East Moreland, West Moreland, and Farley leases) in Nowata County, Oklahoma. Additionally, Nitro Petroleum is developing a Barnett Shale joint venture project covering 7,000 mineral acres. This project contains 24 operating wells that produce approximately 400 barrels of oil and 2.5 million cubic feet of gas per day. Nitro Petroleum pursues joint venture projects in highly productive areas and redevelops mature fields through the use of innovative technologies. The company…

MondayFeb 02, 2009 7:25 am

Enterprise Oilfield Group, Inc. (TSX: E): Are Oil Prices on the Verge of Rapid Recovery?

A sharp reduction in spending by oil producers points to a quick recovery for oil prices once the economic downturn begins to alleviate. Notably, cash-strapped producers have cut budgets faster and deeper than in past downturns. This lack of investment is already speeding up the rate of decline in older fields, and delaying the start of new production. Service companies, such as Enterprise Oilfield Group, see a possible repeat of the last four years. During this period, oil prices rose to record levels as demand grew faster than new supplies, an imbalance that some believe was caused by a lack…

MondayFeb 02, 2009 7:11 am

BWI Holdings, Inc. Awarded Second Year of $11,200,000 Recycling and Waste Contract

BWI Holdings, Inc. (OTCBB: BWIH), operating as Budget Waste Inc. (the "Company"), a leading provider of waste and recycling services to industrial, residential, and commercial clients, is extremely pleased to announce that Hopewell Residential Communities Inc., a major residential developer in Alberta, has elected to continue for the second year of a ten year contract with BWI Holdings, Inc. to serve as the exclusive supplier of waste bins and sorting for recycling in the Mahogany community based on the excellent service provided by Budget Waste Inc. Mahogany is being developed and managed by Hopewell Residential Communities Inc. that will, upon…

MondayFeb 02, 2009 6:43 am

QuoteMedia, Inc. (QMCI.OB) Management Team is Backed by Extensive Experience

QuoteMedia, Inc. (OTCBB: QMCI) has positioned themselves as a leading provider in the financial data market industry. The company has created an advanced and provocative model that aggregates, manages, and streams information to multiple entities from the major exchanges in the U.S., Canada, and Europe. Ultimately, this enables their clients and customers to license comprehensive financial market information and software applications for a reduced cost compared to other providers. Leading the way at QuoteMedia, Inc. is Keith Guelpa, president and CEO. Mr. Guelpa’s career comprises more than thirty years of high-ranking positions in the telecommunications, digital imaging, and Internet communications…

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