Blog - Page 4376 of 5552

FridayAug 22, 2008 3:53 pm

Candela Corporation’s (CLZR) CEO Sees Return to Profitability

Candela Corporation (NASDAQ: CLZR), a manufacturer and distributor of medical lasers and cryosurgical systems, recently reported its financial results for the fourth fiscal quarter and fiscal year ended June 28, 2008. Shares of Candela Corporation posted modest gains earlier this week despite the announcement of a 3.1 percent decrease in revenue to $37.8 million in the fiscal fourth quarter of 2008, compared with $39.0 million in the fiscal fourth quarter of 2007. Candela Corporation reported a net loss of $2.7 million, or $0.12 per share, for the fourth fiscal quarter versus a net loss of just $727,000, or $0.03 per…

FridayAug 22, 2008 1:03 pm

eDoorways Corp. (EDWY.PK) Offers Many Benefits for Consumers

eDoorways Corporation operates a unique website that will incorporate the features of a social networking site, a search engine, a directory, a professional network, an encyclopedia and a consumer rating service. A factor that makes the site unique is that it is not trying to imitate or duplicate other existing sites, but to improve and combine the best features of multiple successful websites into one streamlined product. The final product will have benefits for experts, merchants and most importantly, consumers. One of the main advantages for consumers using the eDoorways platform is the fact that everything is instantly at their…

FridayAug 22, 2008 12:38 pm

Jack Henry & Associates, Inc. (JKHY) Chosen by Farm Credit Bank of Texas to Provide Enterprise-Wide Automation

Jack Henry & Associates, Inc. (JKHY) provides computer systems and ATM/debit card/ACH transaction processing services primarily for financial services organizations. Jack Henry’s services are delivered through three business units: Symitar, ProfitStars and Jack Henry Banking. Jack Henry Banking provides integrated, enterprise-wide automation that banks need to execute their business strategies; support their growth, service, operational, and performance goals; and capitalize on the evolving trends shaping the financial services industry. Jack Henry announced that Farm Credit Bank of Texas has selected Jack Henry Banking’s SilverLake core processing system to provide enterprise-wide automation. Farm Credit Bank, headquartered in Austin, Texas, provides funds…

FridayAug 22, 2008 12:05 pm

Colorado Goldfields Inc. (CGFI.OB) – Exploring in a Legendary Mining Area

Colorado Goldfields Inc. (CGFI.OB) is a Denver-based junior exploration and mining company primarily exploring for gold and silver in Colorado. The company's business model provides an outstanding combination of former producing properties with excellent exploration and production potential and a currently inactive, modern 500 to 700 ton-per-day capacity mill to allow for an attractive, short-term production time frame. Continuing the legacy of the historic Colorado gold rush, Colorado Goldfields is focused on a major gold project in the legendary Silverton mining district of Colorado. Colorado was once the location of one of the greatest gold rushes in North American history.…

FridayAug 22, 2008 12:04 pm

Wescorp Energy Inc. (WSCE.OB) Executive Profile: Chairman Steve Cowper

Wescorp Energy Incorporated is an oil and gas operation solutions company founded in 2003. Wescorp Energy helps oil and gas companies in Canada operate and perform more efficiently. The company is led by a strong team with enormous amounts of experience in business, energy, finance and even politics. One of the most impressive members of the Board of Directors is current Wescorp Chairman, Steve Cowper. Perhaps the most remarkable part of Cowper’s impressive resume is his political career. Cowper served as the Governor of Alaska from 1986 – 1989, and during that time received international attention for his emergency response…

FridayAug 22, 2008 10:35 am

WWA Group Inc. (WWAG.OB) is “One to Watch”

World Wide Auctioneers Group Inc (WWAG.OB) engages in the trading and auctioning of transportation and industrial equipment worldwide. WWA holds fully unreserved auctions mainly for consigned equipment, with no minimum bids, seller bids, or reserve prices, assuring buyers and sellers that their equipment is traded at fair market value. A list of auctioned items by the company includes mobile and stationary earthmoving and construction equipment, such as crawler tractors, excavators, wheel loaders, cranes, trucks and trailers, generators, compressors, agricultural tractors, and forklifts. WWA Group was founded in 1996 and is based in Tempe, Arizona, but conducts the majority of its…

FridayAug 22, 2008 10:17 am

Sanofi-Aventis (SNY) and Glaxosmithkline plc (GSK) From Third Avenue Int.

In last quarter’s letter, we discussed the Fund’s purchase of shares of Sanofi-Aventis S.A. (“Sanofi”), one of the largest pharmaceutical companies in the world. Numerous issues which are clouding the outlook for the pharmaceutical industry – including a stricter Food and Drug Administration, the upcoming Presidential Election in the U.S., intensifying generic competition, and the ongoing push by governments to contain health care costs – in addition to company specific issues, enabled Fund management to purchase shares of this well-financed, highly profitable and cash generative business at what we believe is an attractive valuation, without attributing any value to Sanofi’s…

FridayAug 22, 2008 9:47 am

Onstream Media Corp. (ONSM) Announces Agreement with WorldVibe Entertainment

Onstream Media Corp., a company that provides both live and on-demand Internet video services, has announced the signing of an agreement with Es Mi Planeta (It's My Planet), a wholly-owned subsidiary of The WorldVibe Entertainment Group. Onstream will be facilitating the Internet broadcast of the group's new reality show, Batalla de las Americas (Battle of the Americas), as well as providing on-demand and pay-per-view services. Online launch has been scheduled for the beginning of September. In addition to Internet broadcasting, Onstream will be hosting the event's files, providing all necessary bandwidth for the entire length of the show. Batalla de…

FridayAug 22, 2008 9:41 am

Power of the Dream Ventures, Inc. (PWRV.OB) Licenses FireSAFE Technology

Power of the Dream Ventures, Inc. (PWRV.OB) is pleased to announce the licensing of its FireSAFE technology to a group of Hungarian technology investors/managers. Power is one of Hungary’s premier acquisition and development companies focusing on the technology section. “This is the first real step in executing our business plan to its fullest extent -- the identification, acquisition, development and most importantly the commercialization of relevant technologies. We have already received numerous international inquires regarding FireSAFE and its use. A newly formed joint company will follow up on these inquires and bring the technology to market in a fast and…

FridayAug 22, 2008 9:39 am

China Sun Group High-Tech Co. (CSGH.OB) Posts 1,031% Increase in Fiscal Net Income; Record Results across the Board

China Sun Group High-Tech Co. (OTCBB: CSGH) produces anode materials for use in lithium ion batteries, operating through its wholly owned subsidiary, Dalian Xinyang High-Tech Development Co. Ltd., to produce nanometer technologies that supply components for advanced lithium ion batteries. The company today announced its record-high financial results for the fiscal year ended May 30, 2008, citing market trends and international interest in financial strength. China Sun Group reported a 206 percent increase in fiscal year 2008 revenues, at $25.29 million, up from $8.27 million for 2007. The company attributes this significant revenue jump to new sources of sales channels…

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