Blog - Page 4218 of 5578

WednesdayNov 12, 2008 12:43 pm

Anheuser-Busch Shareholders Approve Acquisition by InBev

In a move that effectively creates the largest brewing company the world has ever known, shareholders of Anheuser-Busch approved a $52 billion sale to Belgium-based InBev SA. President and CEO of what is now formerly America's biggest brewer, August A. Busch IV said that it was a difficult, yet ultimately necessary decision to make: "Every alternative was considered...In the end, we all agreed the InBev proposal was in the best interest of you, the shareholders." The deal is expected to close by year's-end. Let us hear your thoughts below:

WednesdayNov 12, 2008 12:43 pm

Lowest Oil in Twenty Months

Crude oil dipped below $57 a barrel on Wednesday, trading at its lowest level since March 20th, 2007. As a result of the four percent decrease, the government begrudgingly reduced its forecast for demand yet again. OPEC officials also alluded to the possible necessity of further production-rate cuts if prices continue to fall. Another OPEC cut could lead to a boost in the price of oil and gasoline, but for the moment, Americans are enjoying relaxed pricing at the pumps. Let us hear your thoughts below:

WednesdayNov 12, 2008 12:40 pm

Reed’s, Inc. (REED) Releases 3rd Quarter 2008 Financials

Tuesday (November 11th) brought the announcement of pleasing financial results for the quarter ended September 30th, 2008 from beverage maker, Reed's., Inc. Compared to the same period in 2007, the company enjoyed increased gross profits of $1.3 million; up over sixty percent. Additionally, Reed's observed a net sales increase of nine percent, while a positive Adjusted EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) of $131,983 was achieved. Net loss attributable to common stockholders was dramatically reduced to $174,000 from $1,526,000 the year prior. Also falling substantially were the company's operating expenses, which decreased to 32.5 percent of net sales,…

WednesdayNov 12, 2008 12:38 pm

Performance Health Technologies (PFMH.OB) Provides Hope to Chronic Pain Sufferers

Performance Health Technologies, Inc. is giving sufferers of chronic pain new tools to combat muscle atrophy and other pain related problems. The company has developed advanced software that allows the user to visually monitor a wide range of body movements, a form of sophisticated motion-oriented bio-feedback that’s of special importance to those who have learned to be afraid of movement. Chronic pain is different than other types of pain, posing a unique set of issues. Normally, pain is a protector of the body, a signal to discourage us from taking actions that can cause or aggravate injury. When pain is…

WednesdayNov 12, 2008 12:34 pm

Southwall Technologies, Inc. (SWTX.OB) Continues To Increase Sales

Southwall Technologies, Inc., maker of energy-saving films and glass products, added to its string of increased sales and earnings reports today, with its announcement of third quarter 2008 results. Revenue for the quarter was $10.6 million, up 15% over third quarter 2007 figures. In addition, revenues were up a full 20% for the first nine months of 2008 over the same period last year. Third quarter net income increased to $0.9 million, compared to $0.1 million last year. And third quarter gross profit was $4.2 million, or 40% of sales, compared to $3.2 million, or 34% of sales, for third…

WednesdayNov 12, 2008 10:12 am

QuoteMedia, Inc. (QMCI.OB) Works to Increase Market Share

QuoteMedia, Inc. (QMCI.OB) is involved in one of the fastest growing niches in the financial industry. The company is currently one of the leading providers of financial stock market feeds and data to financial institutions, online brokerages, public companies, and clearing houses. QuoteMedia also provides its customers with financial software solutions that provide end-users with the tools they need to translate market data into usable information that can be applied to their own financial growth. QuoteMedia has a number of competitors who are providing financial data to the marketplace. Many of these competitors are using outdated technologies created upon legacy-style…

WednesdayNov 12, 2008 10:08 am

Simtrol, Inc. (SMRL.OB) Uses Partners to Get Platform to Customers

Simtrol, Inc. (SMRL.OB), with headquarters in Georgia, is focused on helping companies streamline the management of assets while increasing the use of the assets. The company’s Device Management Platform increases asset utilization, reduces operational expenses, improves technology utilization, and reduces energy consumption. Simtrol partners with a number of industry leaders to deliver its world-class solutions to the market. Simtrol works with its partners to connect people and processes with the technology needed to reduce operating costs and increase profitability. The company has chosen to develop partnerships with companies that have highly personalized services, from planning to ongoing support, to ensure…

WednesdayNov 12, 2008 9:00 am

Stratos Renewables Corp. (SRNW.OB) is Advantageously Positioned to Capitalize on Burgeoning Demand

Stratos Renewables Corp. (SRNW) is a low cost sugarcane ethanol producer focused on becoming a leader in Latin America’s emerging sugarcane ethanol industry. The company engages in the production, processing and distribution of sugarcane ethanol in Peru. Stratos’ interest in sugarcane is fueled by the increasing demand for ethanol, tax incentives and blending mandates sweeping the world. According to a recent article, Peru’s governor, Cesar Trelles, predicts that northwest Peru will someday produce 400 million gallons of ethanol each year. While this represents only 7 percent of the ethanol sold in America in 2006, the demand for ethanol as an…

WednesdayNov 12, 2008 8:20 am

Allegiance Bank of North America (ABPA.OB) Continues to Practice Old Fashioned Banking Practices with All the Modern Conveniences

Today’s financial melt-down continues to find investors running for the sidelines. Some, however, say that the time may be near to start thinking about getting back into the finance sector. As with any downturn, quality does exist if a closer look is taken. Larger institutions, that were the darlings of the mortgage banking system in the past, may not be the right play at the moment, but smaller banks with the tried and true main street “neighborhood banker” tag may be. Prudence and solid financial values define this type of bank. Allegiance Bank of North America., a full service commercial…

WednesdayNov 12, 2008 7:35 am

Stratos Renewables Corporation (SRNW.OB) Utilizes Sugarcane and Obtains Sweet Results

Stratos Renewables Corporation is a California based company that is quickly developing ways to help countries achieve energy self-sufficiency through the use of sugarcane ethanol created from excess plant material. Sugarcane ethanol was an alternative used by the United States 30 years ago when our country had an oil crisis. Sugarcane ethanol is a more attractive option than its corn-based counterpart for a variety of reasons. Simply put, sugarcane ethanol created from sugar is less expensive to produce than its corn-based ethanol, burns more cleanly, and ultimately creates more energy per equivalent unit. Sugarcane, which is the primary source of…

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