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ThursdaySep 11, 2008 4:22 am

Western Standard Energy Corp. (WSEG.OB): Leading the way on the Bakken Formation

Western Standard Energy (WSEG) is an exploration-stage oil firm focused on extracting crude oil and natural gas from the Bakken Formation that runs through Montana, North Dakota and Canada. The area is believed to hold some of the largest reserves of crude oil in the North America, after Alaska's Prudhoe Bay and the oilfields of West Texas. In fact, it is speculated that there are potentially 503 billion barrels of oil on 25,000 square miles of the Bakken Formation. That amount surpasses Saudi Arabia's reserves by five times and is believed to be over 200 times the total known reserves…

ThursdaySep 11, 2008 4:20 am

Management Comments on Animal Health International, Inc. (AHII) Fiscal Year 2008 Financial Results and Outlook for 2009

Animal Health International, Inc. (NASD: AHII), through its wholly owned subsidiaries, is engaged in the distribution of animal health products in the United States and Canada. The company’s management team recently commented on its fiscal year 2008 financial results and outlook for 2009. Shares of Animal Health International declined earlier this week after the announcement of net income of $2.7 million, or $0.11 per fully diluted share. Analysts had predicted net income of $0.13 per share. Net sales increased 11.7 percent, or $18.6 million, to $178.3 million for the three months ended June 30, 2008, up from $159.7 million during…

ThursdaySep 11, 2008 4:19 am

R.G. Barry Corp. (DFZ) Discusses Fiscal Year 2008 Financial Results

R.G. Barry Corporation (NasdaqGM: DFZ), an accessories footwear and slipper marketer of Dearfoams®, a super-soft terrycloth slipper with foam cushioning, recently reported the company’s earnings for the fourth quarter and fiscal year 2008. The company reported net earnings of approximately $729,000, or $0.07 per basic and diluted share, for the fourth quarter of fiscal 2008, versus a net loss of approximately $1.7 million, or $0.16 net loss per basic and diluted share, during the corresponding period in 2007. Net sales in the fourth quarter totaled $18.6 million compared to $14.1 million in the fourth quarter last year. For fiscal year…

ThursdaySep 11, 2008 4:15 am

Hybrid Technologies, Inc. (HYBR.OB) to Showcase Lithium-Powered Vehicles at Two Events this Weekend

This morning, before the bell, Hybrid Technologies announced that they will be participating in two events this weekend to display their emission-free vehicles. The company will be debuting the latest ground-floor design of its head-turning LiVTM RYDER at an "Everything Electrical" event hosted by Williams-Supply. The event will take place at the Salem Civic Center in Virginia tomorrow, September 12, from 3:30 pm to 8:00 pm. Hybrid Technologies also announced that it will be supporting the crowd-pleasing NASA Launchfest, which will be held this Saturday from 10:00 AM to 4:30 PM. The event will take place at the NASA Goddard…

WednesdaySep 10, 2008 4:49 pm

Alternative Energy ZAP (ZAAP) Unveils New Battery Charger to Be Used for iPhones, BlackBerries and Other Mobile Devices

ZAP (OTCBB: ZAAP) has unveiled its mobile R03 Micro Lithium Backup Charger. The R03 charger has a USB port and three other connectors, making it compatible with 80 percent of the mobile phone market, a company news release states. This includes the iPhone, Motorola, Samsung, Nokia and LG phones. The R03 is small enough to fit into a pant's pockets or a purse and sells for about $19.99. Technical specifications include such features as 1050 MHA lithium with a USB output of 5 volts. “[I]f you run out of power it could literally mean you are out of business.,” say…

WednesdaySep 10, 2008 4:48 pm

FDA Meeting on Oxycyte Clinical Trial Scheduled For Oxygen Biotherapeutics, Inc. (OXBO.OB)

Oxygen Biotherapeutics, Inc. (OTCBB: OXBO) announced that it has a meeting scheduled for October with the Food and Drug Administration (FDA) about any remaining issues with a planned trial for its Oxycyte drug. Oxycyte is a perfluorocarbon oxygen carrier. Its proposed use is to help with traumatic brain injury. Oxygen Bio and the FDA, the U.S. medical standards agency, have tentatively set Oct. 20 as the meeting date. “At that meeting, we will be extensively prepared to resolve any remaining issues and concerns the FDA may have,” said company Chairman and CEO Chris J. Stern. “We view this as a…

WednesdaySep 10, 2008 4:47 pm

Adobe Systems, Inc. (ADBE) Moves Improved Flash Technology To TV With New Agreement

Adobe Systems, Inc. (NASDAQ: ADBE) and OpenTV Corp. (OPTV) have announced a strengthening of their partnership with the addition of Adobe’s Flash Lite software to OpenTV’s middleware. The move allows web technologies such as HTML and Adobe Flash to be easily combined for faster services and to readily generate time-sensitive applications such as advertising and other enhanced TV applications. The integrated product that results is expected to first be available in the Japanese market in the second half of 2009. OpenTV technology enhances digital television online and offline, while Adobe’s relatively new AIR software has allowed a greater openness of…

WednesdaySep 10, 2008 4:45 pm

Quantum Fuel Systems Technologies Worldwide Inc. (QTWW) Affiliate Successful in Raising $65M for “Green” Car Development

Quantum Fuel Systems Technologies Worldwide Inc. (Nasdaq: QTWW) operates as a fully integrated alternative energy company engaged in the development and production of advanced propulsion systems, energy storage technologies, and alternative fuel vehicles. The company’s affiliate, a privately owned “green” car company founded by QTWW in 2007, recently completed its Series C financing round on September 4, 2008. "We are extremely pleased to have closed our C financing round at this time, particularly in light of the current market conditions," Henrik Fisker, CEO of Fisker Automotive Inc. stated in the press release. "This shows investors, once again, that Fisker Automotive…

WednesdaySep 10, 2008 4:44 pm

Capstone Turbine Corp. (CPST) Inks Supply Agreement with Barber-Nichols

Capstone Turbine Corp. (Nasdaq: CPST) leads the industry in the production of low-emission microturbine systems, and was the first company to market commercially viable microturbine energy products. The company is a member of the U.S. Environmental Protection Agency’s Combined Heat and Power Partnership, committed to improving measures the nation takes to reduce emissions and greenhouse gases. Moving forward with this mission, Capstone today announced the signing of a supply agreement with Barber-Nichols Inc., in which Barber-Nichols will have the right to incorporate Capstone’s air bearing components for non-competing applications. Capstone will be Barber-Nichols’ exclusive supplier for air bearing technology, and…

WednesdaySep 10, 2008 4:40 pm

Airline Stocks Lose Altitude

Despite a decrease in oil prices, Airline stocks fell today behind an Energy Department Report showing a greater-than-average drop in crude inventories. Analyst predictions had inventories falling by just under four million barrels. Instead, the Energy Information Administration reported crude inventories down by 5.9 million barrels. American, United, and US Air were among the stocks declining the furthest. Let us hear your thoughts below:

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