Blog - Page 4464 of 5440

FridayMay 02, 2008 8:36 am

Indigo-Energy, Inc. (IDGG.OB) Has Signed a Letter of Intent

Indigo-Energy, Inc. (OTCBB:IDGG) announced this morning that the company has signed a Letter of Intent (LOI) with International Financial Corporation, LLC (IFC) to form Rivers West Energy, LLC. Under the terms of the LOI, International Financial Corporation has agreed to provide the company, upon the execution of a definitive agreement, with $624,000,000. On completion of the execution of the agreement, Indigo Energy will retain 60% ownership of Rivers West Energy, with IFC owning the remainder. Steve Durdin, CEO and President of Indigo-Energy, Inc., said "Today's announcement is a monumental step in the right direction for the Company - from both…

FridayMay 02, 2008 7:10 am

Ambac Financial Group Inc. (ABK) – Bonding Out

Major bond insurer Ambac Financial Group Inc. (ABK) has lost money for three straight quarters and may be forced to raise more capital. Its stock is down 43% and the $1.66 billion loss raises questions about its "AAA" credit rating. If trends like this continue, it is going to have to go back to the markets very soon. The company's net worth is dwindling as it is forced to write down bad assets linked to sub-prime mortgages. It is important to look at the net worth of a company like Ambac because a low net worth will cause difficulties in…

FridayMay 02, 2008 7:06 am

RedChip Featured Company: EnterConnect Inc. (ECNI.OB)

EnterConnect Inc. is a development stage company which focuses on acquiring, developing, marketing, and selling EnterConnect, a software program that provides document management, content management, collaboration, search, and security. EnterConnect also excels in the industry with its business-ready portals that allow users to access files, emails and programs from remote locations at any time. In addition to the sale of portal software and access, the company intends to provide consulting and implementation services. These services will be offered with its products to various industries, including manufacturing, healthcare, business services, publishing and media, consumer packaged goods, federal contractors, financial services, energy,…

FridayMay 02, 2008 6:47 am

Keegan Resources Inc. (AMEX: KGN) is Well Positioned with its Strategic Portfolio

Keegan Resources Inc (KGN) is a junior gold exploration company headquartered in Vancouver Canada. The company owns two premier gold assets in Ghana, Africa, within one of the world's most prolific gold producing regions. Ghana is located in West Africa and has been regarded as one of the most stable African countries in which to do business. Keegan Resources has successfully identified a significant gold deposit of 1.67 million ounces at its Esaase property. This property is also currently being expanded with mineralization open in all directions. In fact, the latest drilling results from the Esaase property, which Keegan released…

FridayMay 02, 2008 6:43 am

Hologic, Inc. (HOLX.OB) Reports Second Quarter Financials

Hologic, Inc. (HOLX), a diversified medical technologies company serving the healthcare needs of women, recently reported its second quarter financials, which included revenues of $431 million and an estimated $189.2 million from a new product line acquired through a merger with Cytyc Corporation in October 2007. The results were a 138 percent increase from the second quarter in 2007, which reported $181.1 million in revenue. Net income also increased from $21.6 million in 2007 to $56.0 million in 2008, which equates to $0.20 per diluted share in 2007 to $0.22 per diluted share in 2008. Charges related to the merger…

FridayMay 02, 2008 6:40 am

Signature Eyewear, Inc. (SEYE) Keeps an Eye Out for Market Opportunities

Signature Eyewear, Inc. is a designer and marketer of sunglasses and prescription eyeglass frames. They concentrate their efforts on stylish design for today's fashion-conscious consumer. Located in Los Angeles, California, they trade on the OTCBB and have a market capitalization of $4.3M. Considered part of the Medical Instruments and Supplies sector, they commit themselves to the fashion accessories aspect of their business to serve customers who continue to demand unique and stylish eyewear. They market their products under the following international brand names: bebe eyes, Laura Ashley, Cutter and Buck, Carmen Marc Valvo, Dakota Smith, Hart Schaffner Marx, Hummer, and…

FridayMay 02, 2008 6:38 am

Vaughan Foods Inc. (FOOD) Tosses up Salads and Sales

Vaughan Foods Inc. prides themselves on their commitment to fresh food delivered fast and frequently to the marketplace. Headquartered in Moore, Oklahoma, they trade on the NASDAQ as part of the Processed and Packaged Goods sector. They have a market capitalization of $10.5M. The company became Vaughan Foods Inc. in 1989. The company that exists today is a successor to an original family business that began in 1961. Vaughan prepares and markets refrigerated chicken, tuna, bean, and pasta salads. They also market fresh-cut produce in the form of fresh salads with salad mixes. Another part of their product line-up includes…

FridayMay 02, 2008 6:34 am

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Indigo-Energy, Inc. (IDGG.OB) Has Signed a Letter of Intent

Ambac Financial Group Inc. (ABK) – Bonding Out

RedChip Featured Company: EnterConnect Inc. (ECNI.OB)

Keegan Resources Inc. (AMEX: KGN) is Well Positioned with its Strategic Portfolio

Hologic, Inc. (HOLX.OB) Reports Second Quarter Financials

Signature Eyewear, Inc. (SEYE) Keeps an Eye Out for Market Opportunities

Vaughan Foods Inc. (FOOD) Tosses up Salads and Sales

StockGuru Trade Alert: Guru Profile bioMETRX (BMRX) Up Sharply Friday Morning

StockGuru Trade Alert: Profile Stock Dragon Capital (DRGV) Up More than 52% Today

StockGuru Trade Alert: Guru Profile UTVG Continues Momentum – Up as Much as 62% and $0.88 Since Last Thursday

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