Blog - Page 4338 of 5592

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…

WednesdayOct 01, 2008 12:51 pm

China INSOnline Corp. (CHIO) is “One to Watch”

China INSOnline Corp. (CHIO) is an Internet service and media company focusing on the Peoples Republic of China insurance industry. Trading on the NASDAQ Capital Market, with a current market capitalization of $148.00 million, the company uses localized websites targeting greater China. They provide, through Soobao, a network portal through their industry website www.soobao.cn. They offer online automobile, property and life insurance services through this site. Soobao's goal is to raise the national insurance consciousness and reduce the cost of national security in China. They do this by constructing and maintaining their network to integrate and optimize business flow throughout…

WednesdayOct 01, 2008 11:47 am

Superlattice Power, Inc. (SLAT.OB) Looks to Partner with Major US Company; Share Prices Spike Over 29%

In order to achieve advanced development of its lithium ion battery technology, which will contain partially lithiated anode and cathode technology, Superlattice Power, Inc. (OTCBB: SLAT) is working towards partnering with a major United States company. This partnership has the potential to bring an increase in revenue and add new shareholders to the company. As a result of the news, Superlattice was one of many companies pleased to watch their share price jump. The share prices increased from Monday’s close of $0.81 to $1.05, on 36,485 traded shares. The price jump resulted in a 29.63% gain. In today's market, fully…

WednesdayOct 01, 2008 11:02 am

Elray Resources Inc. (ELRA.OB) Announces Significant Finds on Mexico Mineral Property

Elray Resources Inc. (OTCBB: ELRA) is a precious mineral exploration company with a portfolio of four highly prospective, heavily mineralized mining tenements in Cambodia and Mexico. The company today announced positive news on one of its properties south of the border. Elray found the presence of a million-tonne gold bearing outcrop in the Analhi Project, located in Sinola state, Mexico. The site is known to be heavily mineralized, and is ideally located within seven miles of water and power supplies. According to the company, these resources significantly contribute to the viability of the project. The company’s stated mission is to…

WednesdayOct 01, 2008 9:42 am

ZAP (ZAAP) Increases Workforce as Electric Car Sales Accelerate

ZAP (ZAAP.OB), a California-based alternative energy pioneer, has had to increase its workforce by 30% to keep up with increased demand for its Xebra (pronounced “zebra”) electric car. ZAP overall sales have jumped 88%, due primarily to sales of the small but street-legal all-electric vehicle, available in sedan and truck versions. "While most U.S. automakers are laying off workers and facing declining sales, ZAP is experiencing record growth," said CEO Steve Schneider. "We are proud that ZAP is one of the few companies selling cost-effective, plug-in transportation today." He added that ZAP is launching new electric vehicles this quarter. ZAP…

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