Blog - Page 4229 of 5592

FridayNov 14, 2008 4:54 am

PFSweb, Inc. (PFSW) subsidiary, eCOST.com Announces Bargain Countdown™ with Sales that are “On Fire”

Through its wholly owned eCOST.com subsidiary, PFSweb serves as a leading multi-category online discount retailer of high-quality new, "close-out" brand-name merchandise for consumers and small to medium size business buyers. eCOST.com features a time-saving search engine to sort through over 200,000 brand name products at deeply discounted prices. eCOST.com has become known as “THE” place for deals on the web. eCOST.com is gearing up for the holidays and announced today some of the holiday improvements to attract the bargain hunter. One of the new features of the website is an enhanced Bargain Countdown™ shopping section. Bargain Countdown™ is a proprietary,…

FridayNov 14, 2008 4:52 am

Bald Eagle Energy Inc (BEEI.OB) Works to Increase Domestic Energy Resources

Bald Eagle Energy Inc. (BEEI.OB), based out of Houston, is an oil and gas exploration company specifically formed to address America’s independence on foreign resources. While domestic energy companies produce 5.1 million barrels of oil per day (MMBOPD), US consumers use 20.7 MMBOPD. The current 15.6 million barrel shortfall is the gap that Bald Eagle is committed to reducing by tapping into the energy resources found in Alaska. The North Slope Basin is known for its abundance of hydrocarbon with an estimated 27 billion barrels of discovered recoverable oil (BBO) and 52 trillion cubic feet of recoverable natural gas (TCFG).…

ThursdayNov 13, 2008 8:42 pm

Bookham Inc. (BKHM) Receives Excellent Core Partner Award from Huawei

Bookham, Inc., a leading provider of optical components, modules and subsystems, said today that it was awarded the Excellent Core Partner Award from Huawei. Huawei is a global leader in the manufacturing of telecommunications equipment. Bookham President and CEO, Alain Couder, accepted the award on the company’s behalf at Huawei’s 2008 Core Partner Convention. Huawei’s management complimented Bookham, stating, "We are pleased to give the 2008 Excellent Core Partner Award to Bookham as they have been a core optical component and module supplier to Huawei for many years. We are very pleased with Bookham product performance, the delivery, the service…

ThursdayNov 13, 2008 8:41 pm

Axial Vector Energy Corporation (AXVC.PK) is Focused on Protecting its Revolutionary Technologies

Axial Vector Energy Corporation (AXVC.PK), a global solutions provider who owns, develops and licenses advanced internal combustion engine and power generator technologies that have unlimited potential in military, industrial, and commercial applications around the world, has trademark applications pending with the United States Patent and Trademark Office and the Canadian Intellectual Property Office for protection of the mark “AV” and “AVE.” Axial Vector Energy Corporation offers significant growth potential with its revolutionary engine and generator technologies. The company’s Piezoelectric Liquid Injector is a fuel or liquid injector, which includes a needle valve and a piezoelectric actuator that bears a hydraulic…

ThursdayNov 13, 2008 2:55 pm

Vortex Resources Corp. (VTEX.OB) Updates Shareholders on Drilling Activities

Today, Vortex Resources Corp. released an update concerning its drilling operations in Crocket County, TX. So far the company has drilled three successful natural gas wells. All three of these wells (42-105-40868, 42-105-40820 and 42-105-40720) are located in the Adams-Baggett Field and will be producing from the Wolfcamp Canyon Sandstone reservoir. Vortex Resources utilized the services of Weatherford in fracing and competing Well 42-105-40868 and Well 42-105-40820. Well 42-105-40868 was drilled to 4,708 feet and was successfully completed after frac treatment on October 27, 2008. Well 42-105-40820 was drilled to 4,672 feet and was successfully completed after frac treatment on…

ThursdayNov 13, 2008 2:45 pm

Nashville Bank & Trust Co. (NVBT.OB) Showing Almost 25% Growth in Assets, Deposits

Nashville Bank & Trust Company (NVBT) announced its third quarter results Thursday, sustaining what FDIC guidelines call a “well capitalized” bank. Third quarter net income for the local bank was $66,000, with year-to-date net income exceeding $362,000 – after income taxes of $224,000 were paid. The bank’s 3Q net income in 2007 was $454,000, with an income tax benefit rolled over after posted losses in prior years. Year-to-date non-interest income was $1,837,000 compared to $1,487,000 for the first nine months of 2007. The bank says this increase was due mainly to continued growth in the bank's wealth management business where…

ThursdayNov 13, 2008 2:43 pm

EV Transportation, Inc. (EVTP.OB) Vying For a Larger Slice of a $21B Industry

The American rental car industry is worth over twenty-one billion dollars, according to a top trade publication known as Auto Rental News. By 2007, the larger-than-ever industry collectively maintained nearly two million vehicles rented from over 16,500 locations. Through experience and thorough market research, EV Transportation has arrived at the decision to expand its operations in one particular segment - the replacement market. Unlike the airport segment of the industry, which suffered greatly following the events of September 11th, 2001, the replacement market has shown itself to be more consistent in its growth, and highly resistant to the effects of…

ThursdayNov 13, 2008 1:33 pm

OECD: “Developed World in Recession”

According to the French Organization for Economic Cooperation and Development (OECD), the developed countries of the world are now facing a deeply-troubling recession that the group expects to last "at least through the first half of 2009". Rapidly contracting GDPs are just one effect of the crisis, although, while the OECD says that "projections point to a protracted downturn", it has been indicated that the group believes the U.S. to be the nation that will ultimately deliver the global economy from a frightening reality. Let us hear your thoughts below:

ThursdayNov 13, 2008 1:32 pm

More Mortgage Rate Cuts

For the second week in a row, rates on 30-year fixed-rate mortgages fell; this week to an average of 6.14 percent, in what experts are calling an indication of increasing concern over ever-weakening financial conditions. It is anticipated that the Federal Reserve will announce even further cuts at the year's final meeting in December. While rates on all other types of mortgages fell this week, 1-year adjustable-rate loans showed a small increase. Let us hear your thoughts below:

ThursdayNov 13, 2008 1:32 pm

Extremely Volatile Session Ends on High Note

Shortly after 12:00 pm ET on Thursday, it seemed like the market was heading for the fourth-straight day of losses, however, afternoon trading brought a sharp 900-point surge that left the Dow Jones industrial average up over six percent, with other indices experiencing similar increases. Early losses were partially attributable to a Labor Department report that put newly-filed jobless claims at a 7-year high, as well as continuing evidence of suffering in the consumer sector, however investors could not resist the cheap prices that resulted. Let us hear your thoughts below:

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