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MondaySep 08, 2008 5:36 am

Stone Energy Corp. (SGY) Reports Impact from Hurricane Gustav

Stone Energy (SGY) is an independent oil and natural gas company headquartered in Lafayette, Louisiana. The company’s business strategy is to increase shareholder value through the acquisition, exploration and development of oil and natural gas in mature and emerging fields. Stone currently operates in the Gulf of Mexico, onshore Louisiana, and is also engaged in an exploratory joint venture in Bohai Bay, China. Stone recently provided an update on the impact of Hurricane Gustav on its operations. The adverse weather conditions associated with Hurricane Gustav resulted in the suspension of all offshore drilling and production activities in the Gulf of…

MondaySep 08, 2008 4:28 am

Sound Business Management Makes Powell Industries Inc. (POWL) Stand Apart

This small-capital member of the Electronic Instrumentation & Controls Industry from Houston, TX is simply remarkable. The early-September 2008 stock price is a good 30% above the 52-week low of $31.68. The market capitalization is now over $460 million, and the Price to Earnings Ratio is 23.10. What is special about this? The industry has been a poor performer. It has lost 20% of its collective market capitalization. You cannot get away by blaming the troubled U.S. economy because this industry does not even match the S&P 500 index trend. U.S. corporations in the business of instrumentation and controls suffer…

MondaySep 08, 2008 4:26 am

Social Engagement as a Strategic Plank – Better Business Basics Bulletin

The lobbies of Washington are unfairly maligned. Not all of them are funded by illicit interests. Many of the causes they promote are in the greater public interest. It is time for retail stock investors to take pragmatic views of how businesses can gain from jockeying policy-makers. Marketing is not for consumers alone. Effective communication must cover all categories of stakeholders. People at large need education on the roles of enterprises and entire industries as well. This is a global matter nowadays, so it falls on corporations to wield influence on foreign governments as well. Trade associations and industry bodies…

MondaySep 08, 2008 4:21 am

Superlattice Power, Inc. (SLAT.OB) Announces Success Producing New Nano Cathode Material

In the morning’s news today, Superlattice Power announced that its North Carolina production facility has produced 200 kg (approx. 440 lb.) of high purity, new nano cathode material. This latest achievement will allow the company to use the material in a battery manufacturing facility for use in electric vehicles. Superlattice has now committed itself to developing and producing cobalt-free cathode material with superlattice structure on a large scale for high voltage application using a new electrolyte capable of withstanding voltage beyond 5 volts. Dr. Surajit Sengupta and Dr. Vishal Mahajan have taken the charge to perform all research with a…

MondaySep 08, 2008 3:58 am

The Morning Edge – September 8, 2008

The U.S. Treasury Department finally stepped up to the plate over the weekend and seized control of Fannie Mae and Freddie Mac. The nation’s largest mortgage lenders have had implicit federal backing as government sponsored enterprises (GSEs). Mounting losses from the sub-prime mess have artificially held up mortgage rates despite multiple Fed rate cuts, making home-ownership more expensive and exacerbating the housing crisis. Now that federal support is fully explicit, the concerns of major holders of Fannie and Freddie debt, including China and Russia, should be ameliorated, and mortgage rates should come down. Overseas markets in Asia and Europe rallied…

SaturdaySep 06, 2008 5:38 am

eDOORWAYS Corporation (EDWY.PK) Platform will Provide Expert-Level Community Content Contributions

eDOORWAYS Corporation (EDWY.OB), a web-based consumer problem-solving gateway, lifestyle information source and online business-to-consumer marketplace, is aggressively pursuing its growth initiatives to turn social networking into a profitable business model. One advantage of the eDOORWAYS community compared to its mainstream competitors MySpace and Facebook is the flexible platform design and “expert” level capability. For professional experts, such as accredited, published journalists, there is a “gold level” profile status that allows users to specifically target their areas of expertise by adding unique profile keywords. In order to establish a credible, knowledge-based community, eDOORWAYS experts can be paid for their knowledge. The…

SaturdaySep 06, 2008 5:36 am

Chief Executive Officer of Smith & Wesson Holding Corporation (SWHC) Discusses First Quarter Financial Results

Smith & Wesson Holding Corporation (NASD: SWHC), a manufacturer of handguns, law enforcement products, and firearm safety and security products, recently announced its financial results from the fiscal first quarter ended July 31, 2008. Shares opened lower late last week after the company reported quarterly net income of $2.3 million, or $0.05 per fully diluted share, compared with $4.7 million, or $0.11 per fully diluted share, for the comparable period in 2007. Net product sales totaled $78.0 million, a $3.6 million or 4.9 percent year-over-year increase over net product sales for the fiscal first quarter of 2007. The company’s president…

SaturdaySep 06, 2008 5:34 am

China Finance, Inc. (CHFI.OB) Signs On As China Construction Bank’s Loan Guarantor

China Finance, Inc. (OTCBB: CHFI) announced that its subsidiary is China Construction Bank's (CCB) newest loan guarantor. On Sept. 1, CCB and China Finance's wholly-owned operating subsidiary, Shenzhen Hua Yin Guaranty and Investment Limited Liability Corporation ("SHY"), entered into a Memo of Bank-Guaranty Cooperation and a Guaranty Cooperation Agreement. CHFI focuses on small and medium enterprises. In a news release, CHFI says the agreement opens these enterprises to the more favorable terms offered at CCB's 13,000 branches, while also allowing SHY to expand geographically. SHY continues to work with China Industrial and Commercial Bank in similar endeavors. "China Construction Bank…

SaturdaySep 06, 2008 5:32 am

Digirad Corp. (DRAD) Developing Cardiac Imaging System, With Distortion Correction

Digirad Corporation (NASDAQ: DRAD) announced Friday the beginning of trials on a new medical imaging system, which will use proprietary technology to correct image distortion. The company says its new Cardius X-ACT system is expected to be available for sale in mid-2009, pending required regulatory approvals. Attenuation, or image correction, is a common issue in myocardial perfusion imaging, also known as cardiac imaging based on SPECT (single photon emission computed tomography). The process to capture images includes injection of small amounts of radioactive substances, which can then be tracked. Solutions to lessening attenuation already exist, said Richard Conwell, senior vice…

SaturdaySep 06, 2008 5:31 am

Advanced Nanotech, Inc (AVNA.OB) Set to Restructure Expenses, Board of Directors Following Share Exchange

Advanced Nanotech, Inc (OTCBB: AVNA) announced Friday that it has bought shares back from the founding members and management of its subsidiary, Owlstone Nanotech, Inc. The company will now move forward and finalize new operational efficiencies at the corporate level and repopulate the board of directors. Owlstone Nanotech is involved in the commercial applications of nanotechnology-based chemical detection products. The Owlstone Detector is a dime-sized sensor that can detect a wide range of chemical agents in extremely small quantities. Advanced Nanotech's silicon-based proprietary technologies are developed at Cambridge, University, England. It currently has 18 patent-pending applications and one recently awarded…

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