WednesdayJul 23, 2008 5:04 pm

UAL Corporation (UAUA) Extends Agreements with Two Key Partners

UAL Corporation (NASDAQ: UAUA), a holding company whose primary subsidiary is United Airlines, announced that they have reached an agreement in principle that will extend the term of their respective agreements with their Mileage Plus co-branded bank card partner, Chase Bank U.S.A., N.A. (Chase), and Paymentech, one of their credit card processors. At the closing of Tuesday's public trading, the company's stock rose 68.54%. To be included in the transaction, United will receive a payment of $600 million from Chase, which relates to the advance purchase of frequent flyer miles and the extension of the contract. The company anticipates that…

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WednesdayJul 23, 2008 5:02 pm

American Reprographics Company (ARP) Acquires Hudson Blueprint Company

American Reprographics Company (ARP) is a reprographics company that provides business-to-business document management services to the architectural, engineering and construction industry. Based in Walnut Creek, California, the company provides its services through a suite of self-owned reprographics technology products, a nationwide network of locally-branded reprographics service centers, and more than 4,000 facilities management programs at customers’ locations throughout the country. Service centers are connected digitally, thus allowing the company to provide service to more than 140,000 active customers nationally. The company has recently acquired the assets of Hudson Blueprint Company, the largest provider of reproduction, document management and related services…

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WednesdayJul 23, 2008 3:21 pm

FluoroPharma, Inc. (FPMI) Reports Positive Phase I Safety Results for BFPET

FluoroPharma Inc., a company developing breakthrough molecular imaging agents for the Positron Emission Tomography (PET) market, announced positive Phase I results for BFPET, its novel Fluorine-18 labeled tracer for myocardial perfusion imaging. BFPET is FluoroPharma’s second cardiovascular product to complete Phase I clinical development. BFPET is a PET imaging agent, designed to assess the blood flow in the heart (myocardial perfusion). Myocardial perfusion imaging is a standard test to assess coronary artery disease (CAD), with more than 9 million Americans undergoing the test annually. The Phase I trial, led by Principal Investigator Alan J. Fischman, MD, PhD at the Massachusetts…

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WednesdayJul 23, 2008 2:07 pm

Phoenix Technologies, Ltd. (PTEC) Discusses Third Quarter Earnings and Raises FY08 Revenue Guidance

Phoenix Technologies, Ltd. (NASDAQ: PTEC), a global market leader in system firmware that provides the most secure foundation for today’s computing environments, recently announced the company’s results from the third quarter, stating that quarterly revenues posted a 53 percent year-over-year increase to $19.3 million, compared with $12.6 million in the third quarter of fiscal year 2007. Non-GAAP basis net income for Phoenix Technologies totaled $1.3 million or $0.04 per diluted share, compared with a non-GAAP net loss of $0.3 million or a loss of $0.01 per diluted share during the third quarter of 2007. In spite of increased spending, the…

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WednesdayJul 23, 2008 2:06 pm

Baidu.com, Inc. (BIDU) Reports 100% Increase in Second Quarter Revenues, 86.7% Increase in Net Income

Baidu.com, Inc. (BIDU), the leading Internet search provider in China, reported better than expected second quarter results today after the close. Revenues soared 100% year-over-year to $117.0 million (RMB 802.6 million) vs. analysts’ estimates of $112.5 million. Net income rose an impressive 86.7% to $38.6 million (RMB 265.0 million), or $1.11 cents per diluted share. On a non-GAAP basis, excluding share-based compensation expense, earnings per share were $1.23. Analysts were expecting earnings of 98 cents per share. "This quarter saw impressive growth for Baidu," said Robin Li, Baidu's chairman and chief executive officer. "Our ability to make such progress was…

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WednesdayJul 23, 2008 2:04 pm

Hybrid Technologies Inc. (HYBR.OB) – Bull Equity Digest Gives Several Reasons to Buy Now

Bull Equity Digest recently released a sixteen-part extended piece about Hybrid Technologies, a North Carolina-based electric vehicle manufacturer. The research done by Bull Equity Digest covered all of the current information in the media about Hybrid Technologies dating back to 2004. BED also researched trends in the automotive industry, and specifically in the market for electric vehicles, in order to generate a carefully thought-out review of the company. According to BED, reason number one to purchase shares of HYBR is that electric vehicles are the wave of the future. All experts agree that rising fuel costs will cause internal combustion…

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WednesdayJul 23, 2008 1:00 pm

NutriSystem, Inc. (NTRI) Reports Better than Expected Earnings and Revenues for the Second Quarter

NutriSystem, Inc. (NTRI), a provider of weight management meal plans for home delivery, reported second quarter results today after the close. Revenues declined 9.1% year-over-year to $194.0 million vs. $213.4 million, but came in ahead of analysts’ estimates of $185.3 million. Net income fell to $22.0 million, or 71 cents per share, vs. $33.6 million for the same period last year, a decrease of 34.5%. The Street was looking for earnings of 65 cents. “We are pleased with our results for the second quarter in light of the current economic environment. Our marketing efficiency for the quarter was on target…

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WednesdayJul 23, 2008 1:00 pm

Strongbow Resources, Inc. (STBR.OB) is “One to Watch”

Strongbow Resources, Inc. is a uranium exploration-stage company, focusing on the acquisition, exploration, and development of mineral properties in Australia. Founded in 2004, they trade on the OTCBB. The company started out as Plush Mall, Inc. but changed their focus to mineral properties and hence changed their name. The company's corporate headquarters are in Vancouver, British Columbia. The company's goal is to seek additional mineral properties in Australia. They plan to identify, negotiate, and rely upon third party farm-ins and other joint venture partners to assist in the exploration and development of current and future properties. On April 9, 2008,…

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WednesdayJul 23, 2008 12:09 pm

Thomson S.A. (TMS) Plays Role in the Dark Knight’s Phenomenal Box-Office Success

The Dark Knight made a box-office record, becoming the quickest film to domestically gross more than $200 million. Thomson S.A. (NYSE:TMS), a global leading provider of solutions for the creation, management, delivery and access of video for the communication, media and entertainment (CME) industries, played its part in providing key services for the film. The company’s Technicolor Services division provided a full range of laboratory and digital services to the top 10 films driving the North American box office, including the Dark Knight, Mamma Mia! and Space Chimps. "We are honored to have contributed to the films that produced the…

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WednesdayJul 23, 2008 12:07 pm

Credence Systems Corp. (Nasdaq: CMOS) Receives Best New Product Award for its Innovative Semiconductor Advances

Credence Systems Corp. (Nasdaq: CMOS) provides automated test equipment (ATE) solutions to the rapidly growing worldwide semiconductor industry. The company today announced its MultiWave instrument for the Diamond test platform has received the Advanced Packaging Best New Product Award in the Test and Services category, an award that recognizes the company’s advances in the competitive market. Lavi Lev, president and CEO of Credence, said the MultiWave provides a low cost solution for multisite testing. The system incorporates four arbitrary waveform generators and four digitizers into a single compact instrument that allows for concurrent testing of audio and video system-in-package (SiP)…

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