Blog - Page 4422 of 5681

MondayOct 06, 2008 6:29 am

Global Crossing Ltd. (GLBC): Crisscrossing the Planet’s Communication

Headquartered in Hamilton, Bermuda, Global Crossing Ltd. provides telecommunications solutions worldwide. Founded in 1997, they do this over the world's first integrated global Internet Protocol (IP)-based network. Trading on the NASDAQ, the company provides for the convergence of voice, video, and data. Global Crossing Ltd. is part of the Diversified Communication Services industry and has a market capitalization of $732.78 million. With offices worldwide, Global Crossing's core network connects approximately 400 cities in more than 45 countries. Overall, the company delivers services to over 690 cities in more than 60 countries and 6 continents around the world. Their customers include…

MondayOct 06, 2008 6:26 am

Changing the World by Reinventing Power? Meet Hybrid Technologies, Inc. (HYBR.OB)

If there’s one thing that the world seems to be fighting for, it would have to be oil. We search third world countries for oil, we go to war over oil, we pay a large amount for it, and at the end of the day, we can’t get enough of it. While this may be true today, there’s a company that wants to change that philosophy for tomorrow. That company is Hybrid Technologies. The Las Vegas, Nevada-based Hybrid Technologies was founded in 2000 and built on the idea that there are technologies out there that have not been utilized. As…

MondayOct 06, 2008 6:22 am

Trans-Orient Petroleum (TOPLF.OB) Begins Work to Unlock 2.2 Million Acres of New Zealand Oil & Gas

As a market becomes saturated with new entrants, the need to take the path less followed becomes important if a company is to profit. Legwork and research becomes the key to success before any action is taken to expend valuable resources. If an investor can find a company that has done its homework to prove potential, he will have found a company that may be profitable. Trans-Orient Petroleum Inc., a junior Canadian oil and gas exploration and development company, works to discover and exploit oil and natural gas primarily in New Zealand. The company controls 100% of approximately 2.2 million…

MondayOct 06, 2008 4:58 am

Brite-Strike Tactical Illumination Products, Inc. (BSTI.PK) Awarded Solar Product Patent

Today, before the bell, Brite-Strike Tactical Illumination Products announced that the company and its president have received US Patent No. 7,350,692, for a Solar Powered Mailbox/Driveway Lamp. The first product based on this concept is anticipated to be commercially available next year and will be the first Brite-Strike device to utilize LED lighting powered by small solar panels. Glenn Bushee, President of Brite-Strike, stated, “This product will be our first entry that marries the energy efficiency of LED light with the portability of solar. The technology we developed for our revolutionary tactical flashlights has direct applications for many lighting applications,…

MondayOct 06, 2008 4:21 am

The Axial Vector Engine (AXVC.PK) Roars Ahead of the Pack

The Axial Vector Energy Corporation has been making national news for their creative technology that has Wall Street taking notice of the company and environmentalists everywhere smiling. The revolutionary Axial Vector Engine is AVEC’s flagship technology and will serve as the core of the company’s initial market applications. The engine is incredibly powerful and is capable of producing significantly higher horsepower and torque with considerably lower fuel requirements than conventional engines of similar size. What really has people talking is how the Axial Vector Engine is a friend of the environment. The engine is considerably cleaner and produces fewer emissions…

SaturdayOct 04, 2008 6:02 am

Monro Muffler Brake (MNRO): Helping Cars Run, But Can It Do the Same for Portfolios?

Monro Muffler Brake (MNRO) is a provider of automobile and repair services, including brakes, mufflers and exhaust systems, and steering, drive train, suspension, and wheel alignments. As of March 29, 2008, it operated 720 company-owned and 14 dealer-operated stores in New York, Pennsylvania, Ohio, Connecticut, Massachusetts, West Virginia, Virginia, Maryland, Vermont, New Hampshire, New Jersey, North Carolina, South Carolina, Indiana, Rhode Island, Delaware, and Maine under the Monro Muffler Brake & Service, Tread Quarters Discount Tire, and Mr. Tire names. Companies such as Monro stand to benefit from slumping auto sales, especially those of US-based car makers. Chrysler, Ford and…

SaturdayOct 04, 2008 6:00 am

Four Rivers BioEnergy Inc. (FRBE.OB): Leading the Charge to Reduce America’s Oil Addiction

Four Rivers BioEnergy (FRBE) is a development stage energy company focused on developing seed processing facilities and refineries for the production, sale, and distribution of ethanol and bio-diesel products. The company develops, owns, and operates a corn-based dry mill fuel grade ethanol plant, a bio-diesel plant, and other renewable bio-energy facilities. Biofuels, particularly ethanol, have gained popularity in recent years as the US government has searched for ways to help reduce America's dependence on imported oil. Many ethanol producers and corn farmers receive massive government subsidies to continue production of ethanol. Companies such as Four Rivers stand to benefit from…

FridayOct 03, 2008 1:27 pm

Shares of Matrix Service Company (MTRX) Fall to 52-Week Low Despite Better than Expected Earnings

Matrix Service Company (NASD: MTRX), a provider of general industrial construction, repair and maintenance services principally to the petroleum, petrochemical, power, bulk storage terminal, pipeline and industrial gas industries, recently announced its financial performance for the first fiscal quarter of 2008. The company’s total revenues for the first quarter increased 15.7 percent to $186.7 million, up from the $161.3 million recorded in the first quarter of fiscal 2008. Net income for the period totaled $9.5 million, or $0.36 per fully diluted share, up significantly from $6.3 million, or $0.23 per fully diluted share during the corresponding period one year earlier.…

FridayOct 03, 2008 1:26 pm

China Marine Food Group Ltd. (CMFO) Authorizes $3M Stock Repurchase through Early 2010

The board of directors for China Marine Food Group Ltd. (OTCBB: CMFO) announced on Oct. 1 that the company has set up a $3-million stock repurchasing program through March 31, 2010. The amount and timing of specific repurchases are subject to market conditions, legal requirements and other factors deemed appropriate by the CEO and president, Pengfei Liu. Any repurchased shares will be retired to reduce the number of outstanding common stock, currently at 23 million shares. “Repurchases may be in open-market transactions or through privately negotiated transactions, and the repurchase program may be expanded by the board of directors in…

FridayOct 03, 2008 1:25 pm

Micromet, Inc (MITI) Closes On $40M from Biotechnology Investors

Micromet, Inc. (MITI) announced they successfully raised $40M this week in private placement financing for research and development. The company, which develops antibodies for cancer treatments, publicized the transaction Sept. 30 and closed Oct. 2. Those who invested include Index Ventures Growth, Abingworth, DAFNA Capital Management, LLC, and Merlin Nexus. Micromet board members and affiliates also participated. "We are very pleased to have completed this financing under these challenging market conditions,” said Micromet's President and CEO Christian Itin, “and we were gratified by the strong support of Micromet and the significant interest of the investors in this private placement. The…

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