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MondayAug 11, 2008 5:31 pm

Shares of Keryx Biopharmaceuticals, Inc. (KERX) Hit 52-Week Low on Second Quarter Earnings Results

Keryx Biopharmaceuticals, Inc. (NASDAQ: KERX), a biopharmaceutical company focused on the acquisition, development and commercialization of medically important, novel pharmaceutical products for the treatment of life-threatening diseases, including renal disease and cancer, recently announced its financial results for the second quarter ending June 30, 2008. Shares hit a 52-week low this week after the company reported a net loss for the second quarter of $7.7 million or $0.17 per share. Total revenue improved year over year, compared to a net loss of $19.5 million or $0.45 per share, for the comparable quarter in 2007, beating consensus estimates from analysts of…

MondayAug 11, 2008 5:29 pm

LDK Solar Co., Ltd. (LDK) Crushes Earnings Estimates, Soars After Hours

LDK Solar Co., Ltd., a manufacturer of solar wafers in China, reported second quarter financial results this afternoon that blew away estimates. Net sales were $441.7 million, a sequential increase of 89.2% from $233.4 million in the first quarter, and a whopping 345.9% increase from $99.1 million for the second quarter of fiscal 2007. Net income tripled sequentially to $149.5 million, or $1.29 per ADS, from $49.8 million, or $0.45 per ADS in the first quarter. During last year’s second quarter the company earned $0.29 per ADS. These results took analysts by surprise; the consensus earnings estimate was $.42 per…

MondayAug 11, 2008 5:23 pm

Gold: Bottom or Bust?

As Gold prices fall and fall, the question becomes "Where is the bottom?" For consumers and alike, none of us want the bottom to be anywhere in sight. Gold falling usually pertains to the strengthening in the US Dollar and the weakening of oil prices, both of which help the common consumer. Asking “Where is the bottom?” is a very wise and fair question, and from a technical analysis viewpoint (i.e. using charts), the bottom may be here. On the bright side of things, Gold may also be approaching 'bust' territory. The $GOLD (Continuous Contracts (EOD)) chart represents this 'bottom'…

MondayAug 11, 2008 5:17 pm

Forbes’ Newsletters “Stock of the Week” – iShares MSCI France Index Fund (EWQ)

The iShares MSCI France Index Fund (EWQ) is an ETF that is based on the MSCI France Index. The index currently is comprised of 76 securities with top sectors being financials, consumer discretionary, energy, industrials, and materials. The France ETF (EWQ) is the ETF "pick of the week" from Carl Delfield, editor of the Chartwell ETF Global Advisor newsletter. Mr. Delfield highlighted several reasons for his choice of the France ETF. The main reason he highlighted is the current government of French President Nicholas Sarkozy. Sarkozy's government has begun to implement major changes to the French economy. Some of the…

MondayAug 11, 2008 4:17 pm

August 11th CEOcast Weekly Newsletter

Companies featured in the current edition of the newsletter: AFMI, BOKO, CETG, CHIP, CKGT, CLXS, CTVWF, ETGF, GNBT, GSPG, HYTM, ICLK, ITUI, MBND, PLKH, TSX: SEE, SWVC, TAGS, TKO, VYTR The dollar rallied, oil prices plummeted and stocks soared giving all the major indices robust gains for the week. The Dow Jones Industrial Average gained 408 points or 3.6%, reducing its year to date loss to 11.5%. The Nasdaq Composite Index rose by 103 points or 4.5%, giving it a year to date loss of 9%. The S&P 500 gained 36 points or 2.9%, bringing its year to date loss…

MondayAug 11, 2008 1:32 pm

eDoorways Corp. (EDWY.PK) Identifies New Markets of Focus to Better Server Vendors and Generate Increased Sales

eDoorways, a Web-based consumer portal and business-to-business center that unites consumers and vendors, is focused on building a database of vendors and wiki-based data in the following new markets: Automotive, Entertainment, Financial Services, Dining and Food and Beverage, Home Improvement and Technology. The corporate mission of Houston-based eDoorways has been to unite consumers with questions and concerns with the experts and vendors that have the answers. The company said that as its user base for the new focus areas increases, it will organically add new topics. eDoorways will concentrate its new marketing effort primarily on middle-class Americans across a wide…

MondayAug 11, 2008 12:19 pm

Capital City Energy Group, Inc. (CETG.OB) is Seeking to Make Great Strides

Capital City Energy Group, Inc. (OTCBB: CETG) is a diversified oil and natural gas company that operates through three divisions to progress from a design management and sponsor of retail energy programs, to one of the few vertically integrated independent oil and natural gas companies. The company recently announced that they have applied for listing their shares of common stock on the American Stock Exchange LLC (AMEX), as well as made public that they have taken full interest in the prolific Fayetteville Shale located in Van Buren and Cleburne Counties in Arkansas. Although no assurance can be given that the…

MondayAug 11, 2008 11:59 am

Digital Angel Corp.’s (DIGA) SARBE Division Secures Agreement as BAE Systems’ Eye in the Sky

Digital Angel Corp. (NASDAQ: DIGA) is an advanced technology company focused on animal identification and emergency identification solutions. The company’s patented, FDA-approved implantable microchips are applicable for livestock identification, and its global positioning systems (GPS) are used for aircrafts, ships and boats. Digital Angel’s SARBE division offers a line of products, including its digital satellite communications and GPS as found on ships, aircraft and submarines of the military in more than 40 countries. The company today announced SARBE has completed negotiations with BAE Systems, in which SARBE will supply its Advanced Aircrew Personal Locator Beacons (AAPLBs) to BAE. The AAPLBs…

MondayAug 11, 2008 11:57 am

Uranium Hunter Corporation (URHN.OB) is Working to Become Established Leader in the Uranium Hunt

Uranium Hunter Corporation (OTC: URHN) 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 a leader within the energy industry. Tanzania is one of Africa's leading countries as far as mining for gold and other precious metals is concerned. The northwest part of the country is now an important producer of gold, producing over one million ounces in 2005, and shows potential for greater output in that region and other regions located within the country. Three companies…

MondayAug 11, 2008 11:51 am

Charter Communications Inc. (CHTR) Partners with Walt Disney (DIS) to Launch Subscription Video Service

Leading broadband communications company Charter Communications Inc. (Nasdaq: CHTR) today announced it has entered into an agreement with Walt Disney Co.’s (NYSE: DIS) Disney-ABC Domestic Television, the leader in movie distribution. Per the agreement, Charter will launch a subscription video on demand (SVOD) entertainment service featuring the Walt Disney Studios classic and contemporary movies, and animated shorts. In a press release, Maria Rothschild, senior director of Charter’s Video Product Management, said the partnership with Disney will benefit both companies and their customers. Disney’s Family Movies will rotate on a monthly basis, with new titles added each week. The demographic will…

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