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ThursdayAug 28, 2008 4:47 pm

QuoteMedia Inc. (QMCI.OB) Recently Reported Second Quarter Earnings Increase of 30%

QuoteMedia Incorporated is a provider of financial information, market data and investment research for web users around the world. The site provides real-time market data in addition to offering data feeds, news, interactive stock research, financial applications and real-time wireless applications. QuoteMedia leaves no markets uncovered by offering complete coverage of all major North American Exchanges and ECNs, including common stock, preferred stock, options, warrants, futures, commodities, currencies, mutual funds, UITs/ETFs, rates and indices. The President of QuoteMedia Incorporated, Keith Guelpa, said, “The significant revenue growth during the quarter resulted from increased sales of our Interactive Content and Data Applications…

ThursdayAug 28, 2008 4:45 pm

China Finance Online Co. Limited (JRJC) Beats Q2 Earnings Estimates, Reaffirms Guidance

China Finance Online Co. Limited (JRJC), an online provider of financial information and company-specific data in China, reported second quarter 2008 financial results after the close. Revenues surged 154% year-over-year to $14.7 million, a sequential increase of 33% over Q1. Net income grew to $4.6 million, or 20 cents per ADS, an increase of 202% over the same period last year, and 11% better sequentially. On a non-GAAP basis, excluding certain items, net income was $6.5 million, or 28 cents per ADS. Analysts anticipated earnings of 14 cents on revenues of $13.3 million. These results exceeded the high end of…

ThursdayAug 28, 2008 4:42 pm

NetSol Technologies, Inc. (NTWK): Banking on Profits?

NetSol Technologies (NTWK) is a provider of software and services for banks, leasing and finance firms, and other financial services institutions. NetSol's primary product, LeaseSoft, helps process and manage incoming credit applications. The company counts car dealerships among its prime customers, and its Wholesale Finance System automates and manages the floor plan and bailment activities of dealerships as well as providing a tool for the management of dealership fleets. California-based NetSol, founded in 2002 and formerly known as NetSol International, is in the midst of a massive expansion of its product offerings and is seeking to externally grow its business…

ThursdayAug 28, 2008 4:40 pm

Axial Vector Energy Corp (AXVC.PK) – Improving Global Demand for Electrical Power

The ever-growing market of worldwide sales of electric motors of all sizes and capabilities is estimated to exceed one billion units annually. Energy consumption and the world's need for alternative energy solutions to improve energy efficiency is a crucial issue for countries small and large throughout the world. Axial Vector Energy Corporation (AVEC) is one company that is capable of supplying the world's needs. Axial Vector owns, develops, and licenses revolutionary internal combustion engine and electrical power generator technologies for use in automotive, power generation, appliance, and military applications. The company intends to employ their patent-pending "axial flux" engine and…

ThursdayAug 28, 2008 11:28 am

BioDelivery Sciences International Inc. (BDSI) – One Step Closer to FDA Approval and Boosting Company Value

BioDelivery Sciences International Inc. (Nasdaq: BDSI) is a specialty pharmaceutical company focused on the development of innovative products for pain management. The company has two products in development utilizing its patented BEMA oral adhesive film technology: ONSOLIS, for pain in opioid-tolerant patients with cancer, and BEMA Buprenorphine, for the treatment of moderate to severe pain. BioDelivery today delivered news it has received a response letter from the U.S. Food and Drug Administration (FDA) regarding the company’s New Drug Application (NDA) for BEMA Fentanyl, which the company intends to market in the United States as ONSOLIS (fentanyl buccal soluble film). The…

ThursdayAug 28, 2008 11:27 am

Capstone Turbine Corp. (CPST) Announces Early Shipment of C200 MicroTurbine

Capstone Turbine Corporation (Nasdaq: CPST), the world’s leading producer of low-emission microturbine systems, announced it will ship its first C200 production unit to Integrated Building Technologies (IBT). Though the shipment was originally scheduled for late September, Capstone was able to ship the unit early, through S.L.R., the company’s distributor in Italy. The company’s microturbines are used in stationary distributed power generation applications and as generators for hybrid electric vehicle applications. The C200 production unit will be installed in a wastewater treatment facility in Biella, Italy, and will operate on methane gas generated from the digesters at the facility. In a…

ThursdayAug 28, 2008 10:32 am

It’s Time to Put Coal Stocks on Your Radar

When it comes to energy stocks, and particularly coal stocks, Wall Street continues to roll over in bed and hit the snooze button. Wall Street is so focused on the turmoil happening on their doorstep that they are ignoring what is going on in the rest of the world, particularly in emerging markets such as China. China and other emerging economies have a large appetite for both thermal coal and coking coal. Coking coal is needed to produce steel which is in great demand for the many infrastructure projects currently taking place in China and other countries. Thermal coal is…

ThursdayAug 28, 2008 9:31 am

China Security & Surveillance Technology, Inc. (CSR) Wins $44 million Shouguang City Contract

China Security & Surveillance Technology, Inc. (CSR), a provider of digital surveillance technology throughout China, announced this morning the signing of an agreement with the government of Shouguang City worth approximately $44 million. China Security will install security cameras in public areas, and create a traffic monitoring system for this city of 1.1 million people. Work on the project is slated to begin in the second half of 2009. “We are very excited to have signed another large Safe City agreement in the Shandong province,” said Guoshen Tu, Chief Executive Officer of China Security. “We have developed a strong track…

ThursdayAug 28, 2008 9:18 am

Borders Group Inc. (BGP) – Company Reports a Narrower 2nd Quarter Loss

Borders Group Inc. is a leading global retailer of books, music, movies, and gift and stationery items. Borders is the 2nd largest US book seller. The company, through its subsidiaries, operates approximately 1,100 stores worldwide. The company is organized into three business segments: Borders domestic superstores, international stores, and Waldenbooks specialty retail. On August 26, 2008 Borders announced that it narrowed its losses in the 2nd quarter 2008, losing $9.2 million or $0.15 a share, compared with a loss of $25.1 million or $0.43 a share for the same quarter of last year. The company, after suffering from liquidity problems…

ThursdayAug 28, 2008 8:06 am

Mainland Resources Inc. (MNLU.OB) Allies with Petrohawk for Haynesville Gas Drilling Program

As commodity oil and gas prices move near their historic highs, new junior oil and gas exploration and development companies have been working to take advantage. Many of the people interested in working the oil and gas exploration and development pipeline are eager to profit but lack the capital and know-how to get the job done. To get around this inexperience factor, many juniors turn toward experienced operators with financing and experience in place. If a junior can find a senior willing to take on their prospects, at acceptable terms, profits are very likely to be found for all involved.…

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