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ThursdayAug 14, 2008 7:43 pm

Satcon Technology Corp. (SATC) Announces Second Quarter Financial Results and Outlines Plans for Growth

Satcon Technology Corporation (NASDAQ: SATC), a leading provider of utility-scale distributed power solutions for the renewable energy market, recently announced its financial results for the second quarter ending June 30, 2008. The company’s shares declined earlier this week after the announcement of a net loss of $8 million, or $0.18 per share, compared with a net loss of $3.7 million, or $0.09 per share, for the second quarter of 2007. Analysts estimated a new loss of $0.07 per share for the second quarter of 2008. During the second quarter, revenue increased 45 percent to $16.9 million, up from $11.7 million…

ThursdayAug 14, 2008 7:42 pm

Shares of Elixir Gaming Technologies, Inc. (AMEX: EGT) Drops to Historic Low after Second Quarter Earnings Announcement

Elixir Gaming Technologies, Inc. (AMEX: EGT), a leading technology and solutions provider to the Pan-Asian gaming industry, recently announced its financial results from the second quarter ending June 30, 2008. The company’s shares plunged to a historic low earlier this week after the announcement of a net loss of $9.6 million, or a loss of $0.08 per share. Analysts expected a loss of $0.04 per share for the quarter. According to the chairman and chief executive officer of Elixir Gaming, Gordon Yuen, the company faced a number of challenges in the second quarter, including the issues with business arrangement in…

ThursdayAug 14, 2008 7:40 pm

Trimble Navigation Limited (TRMB) Introduces the Trimble® 5800 GPS System

Trimble (TRMB) uses technology to produce solutions focused on applications requiring position or location. These applications include surveying, construction, agriculture, fleet and asset management, public safety and mapping. The company, based in Sunnyvale, California and founded in 1978, also provides positioning technologies such as GPS, lasers and optics. Trimble recently announced the introduction of a scalable Trimble® 5800 GPS System. This system will add greater flexibility and versatility for a variety of survey, construction, civil engineering, and asset management applications. The Trimble 5800 System combines a GPS receiver, antenna, UHF radio, Bluetooth wireless technology, and power source into a single…

ThursdayAug 14, 2008 4:54 pm

China North East Petroleum Ltd. (CNEH.OB) Reports Q2 Net Income Triples

China North East Petroleum Holdings, Limited (CNEH.OB), a producer of crude oil in Northern China, announced second quarter financial results this afternoon after the close of regular trading. Revenues surged 246% year-over-year to $14.2 million, compared to $4.1 million. This represents a sequential increase of 31% from $10.8 million in the first quarter. Net income tripled to $3.8 million, or 19 cents per share, compared to $1.3 million, or 5 cents per share for the same period last year. No analysts currently cover the stock. “We continue to see strong results in 2008, with the second quarter yielding record production…

ThursdayAug 14, 2008 4:53 pm

QuoteMedia, Inc. (QMCI.OB) Reports 30% Increase in Q2 Revenues

QuoteMedia, Inc. (QMCI.OB), a software developer and syndicator of financial market information, announced financial results for the second quarter and first half of fiscal 2008. Revenues rose 30% in the quarter to $1,724,396 from $1,331,405 in the comparable period of 2007.   Net loss for the quarter was $361,000, compared to a loss of $425,000 for the same period last year. Net cash provided by operating activities was $377,428 for the six months ended June 30, 2008; this represents an improvement of $875,428 from the $598,000 operating cash deficit for the first half of 2007. The company had $463,000 cash on hand at quarter’s…

ThursdayAug 14, 2008 12:27 pm

Simtrol Inc. (SMRL.OB) Recently Announced Partnership with Promethean Inc.

Simtrol Incorporated, an innovative developer of device management software, recently announced an exclusive partnership with Promethean Incorporated, a global leader in interactive educational solutions. The partnership will be mutually beneficial to both companies, allowing Promethean to integrate Simtrol’s device management software into their multifunctional electronic device control systems. The Activclassroom technology allows the operator, typically a teacher, to effectively and efficiently manage all classroom equipment such as PC’s, projectors, document cameras, and other devices, from a central location. The real winners in this alliance are the taxpayers funding schools who will get to take advantage of the increased efficiencies of…

ThursdayAug 14, 2008 12:25 pm

eDoorways Corp. (EDWY.PK) Holds A Competitive Advantage Over Competitors

eDoorways Corporation is the owner of a unique website that will incorporate the features of a social networking site, a search engine, a directory, a professional network, an encyclopedia and even a consumer rating services. The site is not meant to duplicate other existing websites like eBay, MySpace, Wikipedia or Google, but to improve upon all of these services and bring them together in one easy-to-use marketplace. However, by providing similar services to all of these websites, eDoorways will have to compete either directly or indirectly with several well known giants of the World Wide Web. Despite lacking in size…

ThursdayAug 14, 2008 12:21 pm

SkyPostal Networks, Inc. (SKPN.OB) Reports Financial Results for the Second Quarter

Just before the closing bell, SkyPostal Networks, Inc. announced its financial results for the second quarter of 2008. Sales for the 6 months ended June 30, 2008 totaled $4,532,113, which is a 16.5% increase over the same 6-month period ended the previous year. The company also reported that total tonnage handled increased 20% for the 6 months ended June 30, 2008 compared to the same period ended June 30, 2007. Gross margins were 17.2% in the first half of this year, compared to 23.9% in 2007. “As with all international mail operators, the high fuel surcharges imposed by the airlines…

ThursdayAug 14, 2008 12:01 pm

Amedisys, Inc. (AMED) – A Leader in Home Health Services

Amedisys is one of the leading providers of home healthcare in the United States and Puerto Rico. Headquartered in Baton Rouge, Louisiana, the company is dedicated to preserving a 26-year tradition of improving its patients' quality of life. Amedisys employs the best, most highly-trained healthcare professionals who can accommodate the needs of virtually any patient. Whether it is chronic illness, injury recovery, or post-surgical care, Amedisys has a corresponding management program. Across thirty-six states and Puerto Rico, the company is recognized as a trusted provider of quality in-home healthcare solutions. Bill Borne started Amedisys back in 1982, and has served…

ThursdayAug 14, 2008 11:59 am

Morgans Hotel Group Co. (MHGC) – Operating Luxury Hotels Since 1984

Morgans Hotel Group ("MHG") is a hospitality company that focuses on the purchase and redevelopment of elegantly upscale boutique-style hotels. Since its inception in 1984, MHG has acquired a portfolio of nine properties spread over the cities of New York, Miami, L.A., San Francisco, and London. In all, the company operates more than 2,500 rooms in some of the world's most desirable resort locations. Aside from its nine world-renowned establishments, MHG and an equity partner own the Las Vegas Hard Rock Hotel and Casino, which is currently undergoing an expansion. There are also a number of other properties that the…

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