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WednesdayApr 02, 2008 5:07 pm

National City Corp. (NCC) Sale More Likely

National City Corporation (NYSE: NCC), a regional banking power based in Cleveland, Ohio, with most of its business in the Midwest, may soon be for sale according to reports from the Cleveland Plain Dealer and the Wall Street Journal. As we indicated in an earlier report (“One Regional Bank Stock’s Woes,” January 29, 2008), the bank had been facing difficulty due to losses in the subprime mortgage market and a resultant deteriorating balance sheet. It cut its dividend nearly in half, from 41 cents per quarter to 21 cents, and has seen its stock price fall from a twelve-month high…

WednesdayApr 02, 2008 5:01 pm

Trico Marine Services, Inc. (TRMA) Reports Upward Momentum of International Markets

Trico Marine Services (TRMA), based in Houston, Texas, provides marine support services to the oil and gas industry. The company serves in such geographical areas as the North Sea, Gulf of Mexico, Mexico, Brazil, West Africa and Southeast Asia. The company has a fleet of vessels, drilling materials, supplies and crews for the construction, installation, repair and maintenance of subsea facilities. In February, the company announced financial results for the quarter and year ending December 31, 2007. Fourth quarter net income, which resulted from strong international activity and changes to the Norwegian Tonnage Tax rules that took place in December…

WednesdayApr 02, 2008 1:24 pm

Toro Ventures, Inc. (TORO.OB) Signs Letter of Intent on the Crown Oil and Gas Lease

Toro, a publicly traded, growth-oriented oil and gas exploration company, executed a turnkey agreement with Nitro Petroleum, Inc., a natural resource company engaged in the development and re-development of oil and gas fields in the United States, on the Crown Oil and Gas Lease in Pottowatomie Country, Oklahoma. The agreement provides that Toro obtains a 60% working interest in the Crown Oil and Gas leases. The Lease will drill two new wells on the Crown Lease as a completely functional oil and gas production. President and CEO of Toro, Frederick Graham said, “The Crown Oil and Gas lease provides the…

WednesdayApr 02, 2008 12:35 pm

Amish Naturals, Inc (AMNT.OB) Expands Presence in the Southwest; Adds 92 H-E-B Grocery Outlets in Texas

Amish Naturals, a company that creates food that reflects the wholesomeness and purity of the Amish people, announced it has expanded its reach in the Southwestern U.S. by utilizing the distribution of KEHE to H.E. Butt Grocery Company, a privately held, Texas-based supermarket chain. The added distribution will bring Amish Naturals’ retail network to 3,150 outlets. Bill Pardee, Director of Sales of Amish Naturals said, “We are pleased to partner with H-E-B, a company known for its fresh products, to introduce more consumers to our brand. Amish Naturals is accelerating its growth throughout the region and the H-E-B partnership will…

WednesdayApr 02, 2008 12:31 pm

China 3C Group (CHCG.OB) Has Named Mr. Yong Wu VP and Director of Sales

China 3C Group, a leading retail chain operating approximately 908 retail outlets in Eastern China, announced April 2 that it has named Mr. Yong Wu VP and Director of Sales. Mr. Wu’s role is to be responsible for China 3C’s overall sales strategy, and will involve overseeing a 500-member sales and support staff as well as analyzing data, marketing and customer service. Mr. Yong Wu said, “I am very honored to join a great company like China 3C and look forward to working with the rest of the management team to expand future sales opportunities. I intend to utilize my…

WednesdayApr 02, 2008 12:21 pm

Fund.com Inc. (FNDM.OB) Right on Target to Capitalize on $22.6 Trillion Market; Featured in EQUITIES Magazine

Fund.com Inc. (OTCBB: FNDM) was recently featured in the March edition of EQUITIES Magazine’s Special Situations. The companies chosen for coverage are those believed to have the potential to increase between 50 percent and 100 percent over the next two years. Fund.com is an online financial services information publisher with its eye on the $22.6 trillion investment fund market. The company has created a Web site full of information on personal finance, mutual funds, hedge funds, money market funds, exchange traded funds, closed end funds, commodity funds and other investment channels. The Special Situations article highlights the growing demand for…

WednesdayApr 02, 2008 10:54 am

Asia Electrical Power International Group Inc. (AEPW.OB) Receives $7 Million order to Revamp China’s Damaged Electrical Grid

Asia Electrical Power International Group Inc. (OTCBB: AEPW) today announced it received more than $7 million in orders from the Chinese government in the first quarter of 2008. The purchase orders were for the company's power system components and complete-set equipment, which will be used to restore and upgrade damaged electrical grids throughout China. On January 29, 2008, the worst winter storm to hit China in over half a century damaged China’s electric grid infrastructure, throwing China into a freezing darkness, leaving millions of travelers stranded and millions more without power or transportation. This catastrophe prompted the Chinese government to…

WednesdayApr 02, 2008 10:49 am

Stratos Renewables Corp. (SRNW.OB) Takes Part in Global Sweep for Ethanol Demand

According to a recent article on E85.whipnet.net, Peru’s governor, Cesar Trelles, predicts that northwest Peru will someday produce 400 million gallons of ethanol each year. While this represents only 7 percent of the ethanol sold in America in 2006, the demand for ethanol as an alternative fuel source is rising, growing 30 percent in 2006 and still climbing. Peru’s favorable weather conditions allow for more ethanol production, and evolving environmental laws are also boosting supply. Many U.S. states require a blend of ethanol and gasoline; and many automakers are hinting that more vehicles in the near future will run on…

WednesdayApr 02, 2008 10:43 am

TwinTrader Featured Company: MyPhotopipe.com (MPPC.PK) is Creating an Impact Among the Digital Photo Service Industry

Starting out as an old-line professional film lab in Atlanta, GA., MyPhotopipe.com (OTC: MPPC) has become an online resource for digital artists. The company is an online provider of digital photo processing, photo finishing, photo sharing, and other related services. They offer over 1,000 print options, manual print inspections, and professional color management, which makes MyPhotopipe.com a future leader in the digital photography realm. The company produces their work in-house, as they print every image in their national lab in Atlanta, eliminating the need for, and costs associated with, a contract lab. Digital photographs can be transformed into photographic prints,…

WednesdayApr 02, 2008 8:51 am

NewMarket China, Inc. (NMCH.OB) Reports a Revenue Increase of 36% and Net Income Increase of 83% for 2007

NewMarket China, Inc. (NMCH.OB), which provides technology and telecommunications services in China as well as software development and maintenance services for its US customers, filed its 2007 SEC Form 10-KSB yesterday detailing the Company’s business operations and financial performance for fiscal year 2007. Based upon the reported numbers, net income increased 83%, from $542,000 in 2006 to $991,000 in 2007. Revenue increased 36%, from $29.5 million in 2006 to $40 million 2007. Gross profit increased by 41% from $1.3 million in 2006 to $1.8 million in 2007. The Company made a point of increasing its on-hand cash from $1.2 million…

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