Blog - Page 4422 of 5701

FridayOct 17, 2008 5:12 am

Zi Corp. (ZICA) Announces Agreements to Strengthen Presence in Asian Mobile Market

The cell phone is the must-have accessory of our time. These small hand-held devices act as road-trip navigators, online shopping assistants, yellow pages, bank tellers, advertisers and more. Zi Corporation (Nasdaq: ZICA) uses them to operate as a leading provider of mobile search, text input and advertising. For more than 10 years, Zi Corp. has been at the forefront of the Asian mobile marketing through its subsidiaries in China. Zi Corp. yesterday announced it has entered into several new licensing agreements to boost its position in the Asian mobile space, all of which will give Zi Corp. licensing fees and…

FridayOct 17, 2008 5:06 am

Gulf Resources Inc. (GFRE.OB) Sees $23M in New Orders, a Sharp 4th Quarter Increase

Gulf Resources, Inc. (OTCBB: GFRE) reported it was revising its expected 2008 income to between $20 million and $23 million. This positive change came after the company, a manufacturer of bromine, crude salt and specialty chemical products in China, announced about $23 million in new customer orders for the fourth quarter, up significantly over the third quarter of 2008. GFRE pointed out that third quarter bromine orders from some of its customers were delayed as a result of the Olympic Games and related government restrictions on many chemical factories in Beijing and Qingdao. “We are extremely pleased to see the…

FridayOct 17, 2008 5:03 am

Naturally Advanced Technologies, Inc. (NADVF.OB) Now Has Bast Fibers, Like Hemp, Being Tested For Apparel, Paper Products

Naturally Advanced Technologies Inc. (NADVF) announced that it is conducting bulk commercialization trials with an unnamed but leading U.S. apparel company, as well as a large pulp and paper producer. The results for Crailar Fiber Technologies Inc., a wholly owned subsidiary, and its apparel division HTnaturals are expected by the end of November and will help guide the future of the company's CRAILAR organic fiber and advanced materials technology. This was developed in partnership with the National Research Council of Canada and the Alberta Research Council "These trials are a significant milestone in our long-term strategy to commercialize the patented…

FridayOct 17, 2008 5:01 am

The Chief Executive Officer of SpongeTech Delivery Systems (SPNG.OB) Comments on Growth during Interview on American Scene Radio Show

SpongeTech Delivery Systems, Inc. (SPNG.OB), a development stage company, which designs, produces, and markets a unique line of reusable cleaning patented and patent-pending products that utilize hydrophilic (liquid absorbing) foam and polyurethane matrices, recently announced that the company’s president and chief executive officer, Michael Metter, appeared on Steve Crowley’s American Scene Radio Show earlier this week. Mr. Metter stated, “We are taking steps to really expand our business. Things that we have been working on over the last year are starting to come to fruition.” The company also announced its financial results for the first the first quarter ended August…

ThursdayOct 16, 2008 6:18 pm

Simtrol, Inc. (SMRL.OB) Assists Educational System in Managing Classroom Tools

Throughout the educational system, teachers are constantly striving to better engage and educate their students. With innovative technology popping up regularly – including interactive whiteboards and distance learning equipment – advanced systems are being deployed in K-12 classrooms, college lecture halls, corporate training rooms, and other learning environments to make the educational mission more attainable. Digital signage is in the midst of this technological transformation, as well as security cameras, emergency response systems, access control systems, and other communications technologies. They are being installed to improve the communication flow, safety and efficiency of school operations. Although billions of dollars are…

ThursdayOct 16, 2008 12:26 pm

Peabody Energy Corp. (BTU) Reports Better Than Expected Profits

Peabody Energy is the world's largest private-sector coal company, fueling approximately 10 percent of all U.S. electricity generation and 2 percent of worldwide electricity. Peabody said global demand for U.S. coal continues to rise. Exports are running 44 percent ahead of 2007 and on pace to reach 85 million tons by this year's end, with continued increases expected in 2009. Peabody reported net income of $369 million, or $1.36 cents per share, in the third quarter. That compares with $32.3 million, or 12 cents per share, in the year-earlier period. It now expects income from continuing operations of $3.00 to…

ThursdayOct 16, 2008 12:25 pm

Social Security Gets Inflation Adjustment of 5.8%

The largest inflation adjustment in 27 years will begin in January. It's the largest increase since a 7.4 percent jump in 1982 and is more than double the 2.3 percent rise that retirees got in their monthly checks starting in January of this year. The typical retiree's monthly check will go from $1,090 to $1,153. The average monthly check for a disabled worker will go from $1,006 to $1,064. Good news for 50 Million people who are strapped for cash and living on a fixed income. Using the money to offset the increased costs of food, medication, and energy the…

ThursdayOct 16, 2008 12:23 pm

Hedge Fund Managers Struggling to Hold On

Hedge Fund Managers, which have been the most highly paid financial professionals in the industry, easily topping CEO compensation by a wide margin, are currently struggling in this volatile market. Gone are the days of the fat hedge fund which can keep a stock between their preferred levels, with a bet on each side of the fence. New rules and regulation “game-changers” are affecting the hedge funds in unexpected ways. Todd Harrison, CEO of Minyanville.com and a former hedge fund trader, stated that the hedge fund community is going through a "cleansing process" and 50% of existing funds won't likely…

ThursdayOct 16, 2008 12:19 pm

Elray Resources, Inc. (ELRA.OB) Moves Zircon Sand into Gold and Precious Metal Portfolio

Zircon sand is used in a wide variety of industrial processes, although you may not be familiar with the substance. Major uses of Zircon include the glass substrates of liquid crystal displays (LCDs) and plasma display panels (PDPs). In the ceramic industry, zircon sand is used as an additive to glazes on tiles. It is also used in abrasives, electronics, oxygen sensors, ceramic pigments, paints, catalysts, and fuel cells. In addition, it is used as a neutron absorber in nuclear reactor control rods. Demand for Zircon sand is set for ongoing continuing growth as world consumption increases. Roskill Information Services…

ThursdayOct 16, 2008 12:17 pm

Converted Organics (COIN) Appoints J. M. Coull as Construction Manager for New Rhode Island Production Facility

Converted Organics produces valuable all-natural, organic soil amendment or fertilizer products through food waste recycling. More than 230 million tons of solid waste is produced in the United States each year. Recycling succeeds in preventing about 30 percent of these wastes from being dumped in a landfill or incinerated. The company uses proven, state-of-the-art technologies to create a product using this food waste that helps grow healthier plants and improve environmental quality. Their new facility in Rhode Island needed an experienced construction service with a wide range of specialties. “Converted Organics is extremely pleased to prepare for the construction of…

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