Blog - Page 4299 of 5553

ThursdayOct 02, 2008 6:17 am

3Com Corp. (COMS) Shares are Beaten Down, but Business is Strong

3Com Corp. is a leading global provider of secure, converged voice and data networking solutions for enterprises of all sizes. The company competes directly against the likes of Nortel, Alcatel-Lucent, and Ericsson. 3Com's shares have been on a downward trajectory since the spring, when the US government blocked the sale of the company to Bain Capital and Chinese networking company, Huawei Technology. The shares are selling for approximately $2.50 per share. 3Com's business is doing well, with $1.33 per share of cash on the books. The bulk of their revenues are now derived from big sales contracts in China. The…

ThursdayOct 02, 2008 6:09 am

Quotemedia Inc. (QMCI.OB) is Turning Heads

The Arizona-based company, Quotemedia, Inc., has been making waves in the business world with a variety of applications that are making people’s lives easier and the hiring of new personnel who are leaders in their field. Quotemedia is a leading provider of corporate research information, financial applications and market data. The company has developed an array of software applications to assist customers in optimizing data applications. These include: Feed Relay, Data Cache, Cache/DB Extension and Cache/Stats Extension. Feed Relay is a unique application in that it produces a real-time data feed as well as a delayed feed. This is a…

ThursdayOct 02, 2008 6:05 am

Keep China INSOnline Corp. (CHIO) on Radar

China INSOnline Corp. is focused on providing one-stop-shopping insurance services, online insurance advertising and insurance software solutions in China. By utilizing their expertise on the Chinese insurance industry and providing superior services to customers, agents and insurance industry partners, the company strives to become the #1 online insurance products and services provider in the rapidly growing Chinese insurance agency industry Currently, the Chinese population totals more than 1.3 billion, 180 million of whom are considered middle class. Those who are considered middle class are often e-commerce savvy, giving China INSOnline a solid, quickly growing niche market to capitalize. The Chinese…

ThursdayOct 02, 2008 5:28 am

Simtrol, Inc. (SMRL.OB) Announces the Finalization of Funding and New Technology Chief

This morning, before the bell, Simtrol announced that it appointed David Strickland as its new chief technology officer. Previously, Mr. Strickland was the senior vice president of Development for Swingvote, Inc., a shareholder material communication company and electronic voting platform, and director of Technology for Singlecast Technologies, a provider of compliance and supervisory technology to support Sarbanes-Oxley regulatory requirements. He also held management positions within Manhattan Associates (NASDAQ: MANH) and M&M/Mars Snack Foods. "David is a significant addition to our leadership team," said Oliver Cooper, Simtrol Chief Executive Officer. "His expertise in scaling technology organizations will be invaluable to Simtrol…

ThursdayOct 02, 2008 4:50 am

Axial Vector Energy Corp. (AXVC.PK) President and CEO Featured in Exclusive Interview

This morning, Axial Vector Energy announced that its president and CEO, Sanjai Chhaunker, participated in an audio-taped webcast interview, which is now available on the WEBCASTS page at www.thegreenbaron.com. Sanjai Chhaunker was recently selected as Axial Vector’s new president and CEO. In this position, he is in charge of all AVEC corporate functions, including finance, administration, international operations, product development, customer services, sales and marketing. His Masters Degree in Business Administration (MBA) from Southeastern University, Washington D.C. and previous experiences make him an ideal leader for this emerging company. The company is an international solutions provider focused on owning, developing…

ThursdayOct 02, 2008 3:54 am

TRC Companies, Inc. (TRR) Announces Fiscal Fourth Quarter 2008 Losses and Outlook for Turnaround Plan

TRC Companies, Inc. (NYSE: TRR), an engineering, consulting, and construction management firm that provides integrated services to the environmental, energy, infrastructure, and real estate markets, recently announced its financial results for the fourth quarter and fiscal year ended June 30, 2008. Fourth quarter gross revenue increased 7 percent to $122.5 million compared with $115.0 million for the corresponding period one year earlier. Net loss totaled $16.1 million, or a loss of $0.86 per common share, compared with a net loss of $4.3 million, or a loss of $0.23 per common share, during the same time period in 2007. The company’s…

ThursdayOct 02, 2008 3:52 am

GeoMet Inc. (GMET): Exploring for Natural Gas in Unique Ways

GeoMet (GMET) is an independent energy company, engaged in the exploration, development and production of natural gas from coalbed methane and non-conventional shallow gas. As of the end of last year, GeoMet controlled 266,000 acres of coalbed methane, and oil and natural gas development rights, primarily in Alabama, West Virginia, Virginia, Louisiana, Colorado, and British Columbia. GeoMet is at the forefront of exploration of natural gas from coalbed methane, which has only been a widely-used practice for about 20 years. It is estimated that there are over 1 trillion cubic feet of recoverable natural gas in US coalbed methane reserves.…

WednesdayOct 01, 2008 5:39 pm

Barnes Group Inc. (B) Announced Withdrawal of Earnings Guidance Due to Effects of Workers’ Strike at Boeing

Barnes Group Inc. (B) is an international aerospace and industrial components manufacturer and full-service distribution company. Headquartered in Bristol, Connecticut and founded in 1857, the Group consists of three businesses: Barnes Aerospace, Barnes Distribution and Barnes Industrial. The company has 70 locations and 6,200 employees worldwide. The company has announced the withdrawal of its earning guidance for the full year. The Group anticipates disruption as a result of the continuing International Association of Machinists (IAM) strike at the Boeing Company. This disruption will affect Barnes Aerospace’s original equipment manufacturing (OEM) business, which represents approximately 20 percent of the Group’s sales…

WednesdayOct 01, 2008 5:32 pm

XO Communications (XOHO.OB) Named 2008 Most Innovative in Industry for ‘Flex’ Phone

XO Communications (OTCBB: XOHO) announced that it has earned the 2008 Telephony Innovation Award for XO Anywhere, which allows employees to turn any phone into one universal device connected with a bundle of XO-generated services. XO Anywhere’s now award-winning features include: • Simultaneous Ring: Makes up to 10 different devices ring at the same time, connecting the call to the first device that answers. • Remote Office: Enables employees to instantly set up a remote office, make or receive calls from any device, display their office phone number on the caller ID, and charge all calls to the office's XO…

WednesdayOct 01, 2008 5:32 pm

Norsat International, Inc. (NSATF.OB) Gets $1.2M in Department of Defense Satellite Systems Contracts

A subsidiary of Norsat International, Inc. (OTCBB: NSATF) has been awarded United States Department of Defense contracts totaling $1.2 million for its satellite systems technology. The contracts are short-term and Norsat is expected to fill them in the company’s fourth quarter. “This is our third recent announcement of significant new business with the U.S. DOD," said Dr. Amiee Chan, Norsat President and CEO. "We believe these successive contract wins are evidence of the growth momentum in the ground satellite systems industry. We will continue working to grow our suite of technology and associated services to capitalize on the market opportunity…

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