Blog - Page 4275 of 5550

TuesdayOct 14, 2008 11:35 am

Converted Organics Inc. (COIN) Regains Foothold in Volatile Market with Distribution Agreement

When the markets rebounded from last week’s terrifying pounding, fertilizer and agricultural chemical stocks were the first to rebound Monday morning. Converted Organics Inc. (Nasdaq: COIN) was one to benefit from the rally as its shares recovered 53.4 percent, fueled by confidence on Wall Street and the company’s news of an established distribution agreement. The company today announced it has entered into a deal with fertilizer distributor Simplot Partners to inject Converted Organics’ all-natural liquid and granular fertilizers and liquid soil amendment to the professional turf market, focusing on the western United States. “The professional turf market represents an enormous…

TuesdayOct 14, 2008 11:32 am

China Energy Recovery, Inc. (CGYV.OB) Announces Completion of Heat Recovery System for Zhuji Paper Mill

Heat energy recovery is a “green” technology. Industrial facilities and power plants release significant amounts of excess heat into the atmosphere in the form of hot exhaust gases or high-pressure steam. Energy recovery is the process of recovering vast amounts of that wasted energy and converting it into usable electricity, dramatically lowering energy costs. Energy recovery systems are also capable of capturing the majority of carbon emissions and other harmful pollutants that would otherwise be released into the environment. It is estimated that energy recovery systems installed in U.S. industrial facilities could produce up to 20% of U.S. electricity needs…

TuesdayOct 14, 2008 11:29 am

Color Your World with X-Rite, Inc. (XRIT)

If you have ever gotten into an argument in the paint store over which shade of blue is actually a sky blue, then you may want to pay attention to the company X-Rite, Inc. X-Rite is the global leader in color measurement and color management, offering hardware, software and services for measuring, formulating and matching color. Since color is such an intangible, but important part of our lives, they offer products and services that detect and standardize colors. Thanks to a host of new G7®-compliant features, IntelliTrax v1.5 measures color against G7-defined targets, displays graphs to show performance against G7…

TuesdayOct 14, 2008 11:26 am

Norsat International Inc. (NSATF.OB) Extends Successful High Stability LNBs

Norsat International Inc. designs, engineers and markets intelligent satellite solutions for high-speed data transmission. If you’re in the satellite business, then you already know that the Norsat high stability Ku-Band low noise block down-converters (LNBs) and in particular the HS 1000 Ku-Band PLL LNB and a 1000 HX, are the smallest external reference units on the market. For those of us not in the know could use a bit of a tutorial. Luckily, the company will be featuring the new HS 1000 series at booth 617 at SATCON 2008 which is being held at the Jacob K. Javits Convention Center,…

TuesdayOct 14, 2008 11:25 am

Provectus Pharmaceuticals, Inc. (PVCT.OB) Curing Cancer in Upcoming Peer-Reviewed Melanoma Research Paper

Provectus Pharmaceuticals is a development stage company that specializes in oncology and dermatology therapies that are safer, more effective, less invasive and more economical than conventional therapies. The announcement of a peer-reviewed paper entitled “Chemoablation of metastatic melanoma using intralesional Rose Bengal,” which can be found on the Provectus website, will soon be published in the December issue of “Melanoma Research.” Our Director of Marketing had the great fortune to see Provectus Pharmaceuticals up close and in person during a recent conference and sat aghast as they unveiled cancer after cancer being treated and then cured by their PV-10 drug.…

TuesdayOct 14, 2008 11:21 am

Skinny Nutritional Corp. (SKNY.OB) Signs 16th Distribution Agreement since June 2008

Skinny Nutritional Corp., which markets and distributes Skinny Water®, a thirst-quenching zero calorie beverage, entered into an agreement with Briars USA, a soft drink and non-alcoholic direct store distributor and subsidiary for Anheuser Busch distributor High Grade Beverage. The agreement covers the central and northwest New Jersey region and marks the 16th distribution agreement since June 2008. Skinny Water® is taking off among retailers, drug stores, convenience stores, and fitness clubs. At a suggested retail price of $1.49-$1.99, all five great-tasting flavors have an intense market appeal that captures the increasingly profitable beverage sector with the diet industry. Every bottle…

TuesdayOct 14, 2008 11:19 am

Exactech, Inc. (EXAC) Announces Conference Call and Expects to Report Revenue Growth of 26% for Q3

Exactech develops and markets orthopedic implant devices, related surgical instruments and biologic materials and services to hospitals and physicians. Previous announcements had claimed earnings estimates of $0.21-$0.23 diluted earnings per share. These estimates are being revised to reflect the new estimate of approximately $0.15 diluted earnings per share. Even though there is a reduction in revenue guidance, Exactech management remains strong in their anticipation for continued company growth. Conference call for all interested investors has been set for October 29th at 10:00am EST. Exactech CEO Dr. William Petty said, “Although our domestic sales were softer than expected for the third…

TuesdayOct 14, 2008 11:16 am

U.S. Government to Invest in Nine of the Nation’s Largest Banks

President Bush revealed plans to use a portion of the Congress approved $700 billion bailout plan to invest into the banking system through capital infusions. Nine of the nation's largest banks have already agreed to take the capital and in return will give preferred shares to taxpayers and limit executive pay. It is widely expected that half of the requested $250 billion will go to those nine banks. In exchange, the government will receive an annual dividend of between 5-9%. Those banks will be: • Goldman Sachs (GS) • Morgan Stanley (MS) • JPMorgan Chase (JPM) • Citigroup (C) •…

TuesdayOct 14, 2008 11:15 am

As Tensions Ease Up… So Do Oil Prices

Investors in the Oil futures are breathing a heavy sigh of relief. The Price of oil had reached its 13 month bottom at $77.70 on Friday on the panic of last week’s stock market decline. But in world trading this week, benchmarks from around the world have proven that you can’t keep oil down, bolstering the mark for light sweet crude on the New York Mercantile Exchange was up $3.37 to $84.56 a barrel in electronic trading by midday in Europe. The price closed at $81.19 on Monday. "The bailout announcements have eased some of the deep-seated fear of a…

TuesdayOct 14, 2008 10:15 am

Genessee & Wyoming Inc. (GWI) Announces Acquisition of Georgia Southwestern and Ohio Central Railroads

Genessee & Wyoming Inc. (GWI) owns and operates short line and regional freight railroads in the United States, Canada, Australia and the Netherlands. The company, headquartered in Greenwich, Connecticut, also owns a minority interest in a railroad in Bolivia. Operations currently include 63 railroads organized in nine regions, with more than 6,700 miles of owned and leased track and approximately 3,000 additional miles under track access arrangements. Last week the company announced the acquisitions of the Georgia Southwestern Roailroad, Inc. and of 10 short line railroads known as the Ohio Central Railroad System (OCR). The acquisition of Georgia Southwestern was…

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