Blog - Page 4341 of 5487

ThursdayAug 07, 2008 4:56 am

Youbet.com, Inc. (NASDAQ: UBET) Comments on Second Straight Quarter of Profitability

Youbet.com, Inc. (NASDAQ: UBET), a diversified provider of technology and pari-mutuel horse racing content for consumers through Internet and telephone platforms, and a leading supplier of pari-mutuel wagering services and systems, recently announced the company’s results for the second quarter ending June 30, 2008. Shares of Youbet.com moved higher earlier this week after the release of the news, marking the company’s second straight quarter of profitability. Total revenues declined to $29.2 million for the quarter, compared to $33.3 million during the second quarter of 2007, but quarterly adjusted income from continuing operations before income taxes reached $3 million, up from…

ThursdayAug 07, 2008 4:53 am

CEO of Alphatec Holdings, Inc. (NASDAQ: ATEC) Comments on Second Quarter Financial Results

Alphatec Holdings, Inc. (NASDAQ: ATEC), a medical device company involved in the design, development, manufacture and marketing of products for the surgical treatment of spine disorders, recently announced its second quarter financial results. Shares of Alphatec Holdings were weaker earlier this week after the company reported a net loss for the second quarter of 2008 of $3.6 million or $0.08 per share, compared with a net loss $703,000 or $0.02 per share during the same time period one year earlier. Consolidated revenues for the second quarter of 2008 reached $23.9 million, a 26.7 percent year-over-year increase from the $18.8 million…

WednesdayAug 06, 2008 3:28 pm

LMI Aerospace, Inc. (NASDAQ: LMIA) Beats 2Q Estimates, Raises Guidance

LMI Aerospace, Inc. (LMIA), a provider of engineering services and structural components to the aerospace and defense industries, announced record second quarter financial results this afternoon. Revenues were $64.9 million, an increase of 91% compared to $33.9 million in Q2 2007. Net income rose 72% to $5.0 million, or 45 cents per share, from $2.9 million, or 26 cents per share, for the same period last year. Analysts surveyed expected the company to earn 39 cents per share on $61.2 million in revenues. LMI Aerospace’s business is comprised of two segments. Revenues in the Aerostructures segment were a record $41.6…

WednesdayAug 06, 2008 3:25 pm

Uranium Hunter Corporation (URHN.OB) Joins Global Movement for Alternative Energy

Uranium Hunter Corporation (OTCBB: URHN) is a publicly traded uranium exploration company with headquarters in Toronto, Canada. Uranium Hunter engages in acquiring uranium exploration properties in East Africa while building an impressive portfolio to become an established leader in uranium exploration. The company has a 100% interest in the uranium Au-property in Njombe and Songea Districts in Tanzania. Uranium Hunter Corporation is resting on the idea that many other energy companies are also resting on, and that is that alternative energy can solve many energy problems that span the globe today. Internationally, there is a rapid movement involving nuclear energy.…

WednesdayAug 06, 2008 1:28 pm

Workstream Inc. (WSTM.OB) Improving Organizational Performance

Worksteam Incorporated is a business consulting firm that provides products and services designed to maximize the output and production of employees. Their products allow companies to ensure better overall performance and monitor production levels on several levels. The software is excellent for tracking the performance of individuals in the past, present and even their potential future with the company. Workstream is ideal for midsized businesses, but has been proven successful on all magnitudes and sizes of businesses. The software suite offered by Workstream is a highly configurable solution that can easily be matched to existing systems. This means very little…

WednesdayAug 06, 2008 1:25 pm

Hybrid Technologies Inc. (HYBR.OB) Easing the Demand for Oil

Hybrid Technologies, a North Carolina-based electric vehicle manufacturer, is helping consumers around the world do their part towards lowering the global demand for oil. The world has developed a strong dependency on oil, the main reason being gasoline and diesel fuels used to power traditional, internal combustion-powered automobiles. Hybrid is helping to alleviate this dependency by producing an affordable and efficient fully-electric vehicle that is also emissions free. Oil is a diminishing natural resource that - based on current demand projections - could run out in the next forty years! New energy and pollution policies are currently being legislated to…

WednesdayAug 06, 2008 1:20 pm

Brite-Strike Tactical Illumination Products Inc. (BSTI.PK) Projects a Bright Future; Now Trading on Pink Sheets

Brite-Strike Tactical Illumination Products Inc. today announced the finalization of a merger with Global One Holdings, and is now trading on the Pink Sheets, effective today, under the ticker symbol “BSTI.” Previously dependent on limited market penetration, the announced merger allows the company to benefit from U.S. equity streams and will boost its visibility in the non-lethal protection equipment market. Brite-Strike designs advanced, high-intensity light-emitting diode (LED) tactical flashlights and protection systems applicable to military and law enforcement personnel, as well as to individual consumers. “With the reverse merger completed and access to the U.S. capital markets, we are positioned…

WednesdayAug 06, 2008 1:17 pm

International Exposure Boosts LookSmart Ltd. (NASDAQ: LOOK) Q2 Revenues

The U.S. economy has been in a sticky situation for quite some time, highlighted by the crumbling of the housing market last year. International investors taking advantage of the weak dollar have helped keep the market above water. More and more investors are relying on international exposure, capital and customers as they fight to stay afloat. LookSmart Ltd. is one such company to benefit from overseas attention. LookSmart is a pay-per-click (PPC) search advertising network and technology solutions provider. The company today announced that a boost in international traffic was responsible for 14.7 percent of its revenue in the second…

WednesdayAug 06, 2008 11:52 am

QuoteMedia, Inc.’s (QMCI.OB) Quotestream™ Wireless Service Keeps You in the Loop

Quotestream™ Wireless from QuoteMedia is the perfect tool for investors on-the-go, using J2ME mobile programming technology to transform a cell phone into a portable market data hub. For traditional QuoteStream users, it acts as an extension of the desktop, delivering all of the same functions in a fully-integrated, fully-mobile environment. Portfolio management on Quotestream™ Wireless affords users the opportunity to track all of their investment interests on one screen, granting the ability to create ten watchlists with up to 52 ticker symbols on each. Like QuoteMedia's computer-based system, Quotestream™ Wireless boasts a comprehensive charting system for both real-time intraday trend-tracking,…

WednesdayAug 06, 2008 11:52 am

Should Iraq Assume Greater Responsibility for Reconstruction Efforts?

With oil prices at or near all-time highs, it has become increasingly apparent that Iraq is closer than ever to financial independence. With the extreme property damage caused by an invasion of questionable legality, the need for security and reconstruction monies is great, but who should be held accountable? Many US taxpayers are becoming disenchanted, due to the fact that, with nearly $33 billion in oil earnings in the first half of 2008, Iraq is now capable of shouldering an increased share of the burden. Our own economy is floundering, and many simply feel that it is time for Iraq…

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