Blog - Page 4422 of 5566

TuesdayAug 05, 2008 5:39 pm

CEO of Orbotech, Ltd. (NASDAQ: ORBK) Comments on Second Quarter Financial Results

Orbotech, Ltd. (NASDAQ: ORBK), a designer, developer, manufacturer and marketer of yield-enhancing and production solutions for specialized applications in the supply chain of the electronics industry, recently announced its consolidated financial results for the second quarter ended June 30, 2008. Rani Cohen, the chief executive officer of Orbotech, commented earlier this week on the company’s financial performance and provided guidance for the remainder of 2008. Revenues for the second quarter of 2008 totaled $105.1 million, compared to $88.6 million recording during the second quarter of 2007, while net income for the second quarter climbed to $5.3 million, or $0.16 per…

TuesdayAug 05, 2008 5:37 pm

Hoku Scientific, Inc. (NASDAQ: HOKU) Subsidiary Signs Second Major Polysilicon Supply Contract within a Week, Deal Worth $284 Million Over 10 Years

Hoku Materials, Inc., a wholly-owned subsidiary of Hoku Scientific, Inc. (HOKU), a diversified alternative energy technology company in China, announced this afternoon the signing of a $284 million polysilicon supply agreement with a subsidiary of Tianwei New Energy Holdings Co., Ltd. that manufactures photovoltaic cells and silicon wafers. The contract calls for delivery of polysilicon to Tianwei over a ten-year period to commence in early 2010. The deal with Tianwei comes quick on the heels of a similar contract announced last week between Hoku and Kinko Energy valued at $298 million over ten years. Tianwei will make an initial $15…

TuesdayAug 05, 2008 5:34 pm

Superlattice Power, Inc. (SLAT.OB) Conducts Project Plan to Ensure Product Quality and Developmental Safety

Superlattice Power, Inc. (OTCBB: SLAT) is engaged in developing and marketing their superlattice cathode material for use in lithium ion rechargeable batteries for residential and commercial properties. The Superlattice structure is a hexagonal structure that can accommodate more lithium and more energy. The elements and specialty transition metals have been selected precisely to make Superlattice cathode materials safe, environmentally friendly and less expensive. Hybrid Technologies has been working closely with Superlattice Power to research and develop mass scale production of cathode superlattice nano- and submicron-sized structure for use in rechargeable lithium ion batteries. Superlattice Power has developed a project plan…

TuesdayAug 05, 2008 5:29 pm

Medefile, Inc. (MDFI.OB) Backed by Experienced Board of Directors

Medefile International, Inc., through their subsidiary, Medefile, Inc., is focused on developing a system for the healthcare field that gathers, digitizes, stores, and distributes information in an organized and timely manner. The company has created a system for individuals to have a record of all their medical visits. The MedeFile system, which is the company's primary product, is a secure system for gathering and maintaining medical records. The MedeFile system is designed to gather all of their members' medical records and create a single, comprehensive medical record that is accessible at any time. Milton Hauser is the President/CEO and chairman…

TuesdayAug 05, 2008 5:25 pm

Portfolio Recovery Associates, Inc. (NASDAQ: PRAA) Acquires Broussard Partners & Associates

Portfolio Recovery Associates, Inc. (PRAA), established in 1996, is a full-service provider of outsourced receivables management and related services. The company purchases, collects and manages portfolios of defaulted consumer receivables that consist of unpaid obligations of individuals to credit originators (banks, credit unions, consumer and auto finance companies, and retail merchants). In addition, the company also provides collection services, including revenue administration for government entities through its RDS and MuniServices businesses, collateral-location services for credit originators via its IGS subsidiary, and bankruptcy servicing through PRA Receivables Management, LLC. The company recently announced the acquisition of the assets of Broussard Partners…

TuesdayAug 05, 2008 12:04 pm

UFP Technologies Inc. (NASDAQ: UFPT) Reports Solid Q2 Results

UFP Technologies Inc. (UFPT), a manufacturer of protective packaging solutions for a wide range of end markets, reported second quarter financial results this morning. Revenues increased 22.8% year over year to $28.5 million. Net income grew 61.1% to $1.57 million, or 25 cents per share, compared to $0.98 million, or 17 cents per share, for the same period last year. A single analyst that covers the stock expected earnings of 24 cents per share on revenues of $28.3 million. “I am very pleased with our continued progress,” said R. Jeffrey Bailly, Chairman, CEO and President. “Our 23% sales increase includes…

TuesdayAug 05, 2008 11:20 am

Clear Skies Solar Inc. (CSKH.OB) Is “One to Watch”

Clear Skies Solar Incorporated is a New York-based company that designs, markets, sells, and installs solar power systems and renewable energy technology solutions for commercial and residential customers in the United States. The systems sold and installed by Clear Skies Solar are available at the most competitive energy rates in the industry. Before creating a complete solar power system, Clear Skies Solar can examine each individual site and energy consumption rates to custom design a plan to optimize energy costs and savings. The company primarily installs photovoltaic (PV) solar power panels for corporate buildings and multi-dwelling residential buildings. However, they…

TuesdayAug 05, 2008 11:12 am

Chembio Diagnostics, Inc. (CEMI.OB) Experiences Record Revenues for Second Quarter

Chembio Diagnostics develops, manufactures, and markets proprietary diagnostic tests for the healthcare industry. The company's rapid HIV testing product is known as the HIV STAT-PAK®, and is patented and fully approved by the FDA. The company recently reported record-breaking total revenues for the quarter ended June 30th, 2008. This year's second quarter led to the lowest losses for the company since 2004, as well as astonishingly high total revenue. In total, revenues for the quarter reached $2.72 million, increasing more than eight percent over the $2.5 million recorded in the first three months of 2008. Of the $2.72 million, $2.21…

TuesdayAug 05, 2008 11:10 am

Introducing Mega Media Group, Inc. (MMDA.OB)’s Board of Directors

Mega Media is a multimedia corporation involved in nearly every facet of audio production. The prime area on which the company focuses is its popular rhythmic top 40 radio station, Pulse 87.7FM. Serving the New York Tri-State area, Pulse 87 has millions of listeners who tune in on a daily basis. With Pulse 87 running smoothly, it is easy to forget the individuals behind the scenes who are making the day-to-day decisions that are keeping this ship afloat. President and COO David Kokakis has been involved with the company since February of 2006. Mr. Kokakis' expansive knowledge of the recording…

TuesdayAug 05, 2008 11:00 am

Wescorp Energy Inc. (WSCE.OB) Interview Highlights Proprietary Technology for Oil & Gas Industry

Wescorp Energy Inc. (OTCBB: WSCE) Chairman Mark Norris was recently featured on SmallCapVoice.com in an audio interview to discuss the energy solution company’s business model, management team, recent news and outlook for the future. While Wescorp Energy’s business model is based on two main proprietary technologies, its main focus is on solutions to effectively manage the disposal of fresh water in the oil and gas industry. With the company’s remediated water solution technology, the amount of oil in residual water waste is reduced to .0005 percent - a significant improvement from .5 percent with traditional methods. According to Norris, a…

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