Blog - Page 4290 of 5433

TuesdayAug 05, 2008 5:25 pm

Portfolio Recovery Associates, Inc. (NASDAQ: PRAA) Acquires Broussard Partners & Associates

Portfolio Recovery Associates, Inc. (PRAA), established in 1996, is a full-service provider of outsourced receivables management and related services. The company purchases, collects and manages portfolios of defaulted consumer receivables that consist of unpaid obligations of individuals to credit originators (banks, credit unions, consumer and auto finance companies, and retail merchants). In addition, the company also provides collection services, including revenue administration for government entities through its RDS and MuniServices businesses, collateral-location services for credit originators via its IGS subsidiary, and bankruptcy servicing through PRA Receivables Management, LLC. The company recently announced the acquisition of the assets of Broussard Partners…

TuesdayAug 05, 2008 12:04 pm

UFP Technologies Inc. (NASDAQ: UFPT) Reports Solid Q2 Results

UFP Technologies Inc. (UFPT), a manufacturer of protective packaging solutions for a wide range of end markets, reported second quarter financial results this morning. Revenues increased 22.8% year over year to $28.5 million. Net income grew 61.1% to $1.57 million, or 25 cents per share, compared to $0.98 million, or 17 cents per share, for the same period last year. A single analyst that covers the stock expected earnings of 24 cents per share on revenues of $28.3 million. “I am very pleased with our continued progress,” said R. Jeffrey Bailly, Chairman, CEO and President. “Our 23% sales increase includes…

TuesdayAug 05, 2008 11:20 am

Clear Skies Solar Inc. (CSKH.OB) Is “One to Watch”

Clear Skies Solar Incorporated is a New York-based company that designs, markets, sells, and installs solar power systems and renewable energy technology solutions for commercial and residential customers in the United States. The systems sold and installed by Clear Skies Solar are available at the most competitive energy rates in the industry. Before creating a complete solar power system, Clear Skies Solar can examine each individual site and energy consumption rates to custom design a plan to optimize energy costs and savings. The company primarily installs photovoltaic (PV) solar power panels for corporate buildings and multi-dwelling residential buildings. However, they…

TuesdayAug 05, 2008 11:12 am

Chembio Diagnostics, Inc. (CEMI.OB) Experiences Record Revenues for Second Quarter

Chembio Diagnostics develops, manufactures, and markets proprietary diagnostic tests for the healthcare industry. The company's rapid HIV testing product is known as the HIV STAT-PAK®, and is patented and fully approved by the FDA. The company recently reported record-breaking total revenues for the quarter ended June 30th, 2008. This year's second quarter led to the lowest losses for the company since 2004, as well as astonishingly high total revenue. In total, revenues for the quarter reached $2.72 million, increasing more than eight percent over the $2.5 million recorded in the first three months of 2008. Of the $2.72 million, $2.21…

TuesdayAug 05, 2008 11:10 am

Introducing Mega Media Group, Inc. (MMDA.OB)’s Board of Directors

Mega Media is a multimedia corporation involved in nearly every facet of audio production. The prime area on which the company focuses is its popular rhythmic top 40 radio station, Pulse 87.7FM. Serving the New York Tri-State area, Pulse 87 has millions of listeners who tune in on a daily basis. With Pulse 87 running smoothly, it is easy to forget the individuals behind the scenes who are making the day-to-day decisions that are keeping this ship afloat. President and COO David Kokakis has been involved with the company since February of 2006. Mr. Kokakis' expansive knowledge of the recording…

TuesdayAug 05, 2008 11:00 am

Wescorp Energy Inc. (WSCE.OB) Interview Highlights Proprietary Technology for Oil & Gas Industry

Wescorp Energy Inc. (OTCBB: WSCE) Chairman Mark Norris was recently featured on SmallCapVoice.com in an audio interview to discuss the energy solution company’s business model, management team, recent news and outlook for the future. While Wescorp Energy’s business model is based on two main proprietary technologies, its main focus is on solutions to effectively manage the disposal of fresh water in the oil and gas industry. With the company’s remediated water solution technology, the amount of oil in residual water waste is reduced to .0005 percent - a significant improvement from .5 percent with traditional methods. According to Norris, a…

TuesdayAug 05, 2008 10:56 am

Allied Healthcare International Inc. (Nasdaq: AHCI) Posts Q3 Results, Attains Quarter Goals

Allied Healthcare International Inc. provides staffing solutions for the healthcare industry in the UK. The company recently announced its financial results for the third quarter of 2008, posting a 7 percent increase in revenue (before unfavorable exchange rate calculations), impacted by homecare, nursing and hospital staffing. For the period ended June 30, 2008, Allied Healthcare reported third-quarter revenues up 7 percent, or $4.9 million to $74.5 million, as compared to $70.5 million for the same period the year prior. The company’s homecare staffing grew 14.5 percent; nursing home staffing revenues fell 2.2 percent; and hospital staffing declined 21.7 percent because…

TuesdayAug 05, 2008 9:14 am

Fresh Harvest Products, Inc. (FRHV.OB) Announces Agreement with Branded Eco-Friendly Line

Fresh Harvest Products, Inc. (FRHV.OB) is a New York-based company which sells, markets, and distributes natural and organic food products. The company's products use the brand name, Under the Wings of Nature. Fresh Harvest's Under the Wings of Nature brand offers a line of organic snack products which include health bars, coffee bars, tortilla chips and salsa. In addition, the company provides a grocery product line which includes several varieties of whole bean and ground coffees, olive oil, and beverages. The company sells its products through specialty and natural food distributors to specialty supermarkets and retailers. On August 5, 2008,…

TuesdayAug 05, 2008 8:30 am

Time to Harvest Your Crops Industry Stocks

The Crops Industry has gained 40% market capitalization in the 12 months ended July 2008. However, it has also lost 4% during the last 30 days. This could be an optimal time to exit the farm part of the economy, and move on to industries with better prospects. The Crops Industry is part of the Consumer: Non-Cyclical Sector. That does not mean that the supply side is stable. Inclement weather in important grain-producing areas of the world, and shifts to bio-fuels has dominated trading in early 2008. However, it only takes about 100 days to harvest new crops. That is…

TuesdayAug 05, 2008 8:29 am

Business Calisthenics for Long-Term Vision-Tuesday Treadmill

Austerity is a necessary but inadequate response to a downturn. You cannot remain invested in a stock of a corporation that does not protect profitability. Recession and inflation demand fresh cost-effectiveness drives. However, reducing the number of employees does not secure any future for a business. Stock investors must look beyond 2008 to find the best stocks. Day traders must continue to dwell in the short-term, but the best portfolios will favor companies that are poised for profitable growth. Production capacities cannot be generated overnight. New products and services are not on tap. Inorganic growth requires painstaking due diligence. Every…

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