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FridayMay 30, 2008 4:02 am

Business Scenario Planning for Stock Market Turbulence Management

These are difficult times for stock market gurus. Predictions have become hazardous. Exotic factors which we do not understand trigger unexpected trends. Natural disasters and instances of executive malfeasance lurk in the background of most stock trading. Scenario planning does not cost much in dollar terms, but it does take many hours and effort. However, pay-offs are commensurate by all business standards. The chances of escaping adverse events with only minor damages brighten this scenario. Besides, it gives stock investors opportunities to test the resilience of personal financial planning, much as major corporations do with their business plans. Here is…

FridayMay 30, 2008 3:56 am

Heartland Oil and Gas Corp. (HTOG.OB) (FWB: HOCA) Announces Record Revenue for the Month of April.

Heartland Oil and Gas Corp. (OTC BB: HTOG) (FWB: HOCA) announced record revenue for the month of April. Since being acquired by UPDA about a year ago, production in Kansas has been constantly increasing. The company stated that 12 additional wells will soon be completed and that revenues may double once operational. Heartland Oil and Gas stated sales at the Kansas coal beds were over $100,000 for the first time and over $266,000 for natural gas. "Even in this difficult investment climate and despite steadily increasing costs for oil field equipment and services, we have maintained our commitment to the…

FridayMay 30, 2008 3:53 am

Broadwind Energy Inc (BWEN.OB) Adds Plants in SD and TX

Tower Tech Systems Inc. of Manitowoc, WI will build wind turbine support tower plants in Sioux Falls, S.D., and Abilene, Texas, in order to expand production and cut down on transportation costs, the firm's parent company said. J. Cameron Drecoll, CEO of Naperville, Ill.-based Broadwind Energy Inc. (OTC: BWEN), said the expansion to new regions, combined with a recent acquisition of a transportation and logistics provider to the wind industry, will result in significant savings for the company. The new sites are closer to some key wind energy markets. Each facility is expected to initially employ more than 150 workers,…

ThursdayMay 29, 2008 6:11 pm

Shares of Kosan Biosciences, Inc. (KOSN) Surge on Agreement to be Acquired by Bristol-Myers for $5.50 per Share

Shares of Kosan Biosciences Inc. (NASDAQ: KOSN), a biotechnology company and drug developer that focuses on the genetic manipulation of polyketides, which are used in antibiotics and anticancer drugs, more than tripled recently on the announcement of the signing of a definitive merger agreement with Bristol-Myers Squibb. Under the terms of the agreement, Bristol-Myers Squibb will acquire Kosan for $5.50 per share in cash. Bristol-Myers Squibb will begin purchasing all of the outstanding shares of Kosan with a net aggregate purchase price of approximately $190 million. This purchase agreement has been unanimously approved by the boards of directors of both…

ThursdayMay 29, 2008 6:10 pm

Ultralife Batteries, Inc. (ULBI) Increases Second Quarter 2008 Outlook to $75 Million

Ultralife Batteries Inc. (ULBI), a battery company that also offers products and services ranging from portable and standby power solutions to communications and electronics systems, recently increased the company’s second quarter 2008 revenue outlook from $65-$70 million to more than $75 million as product demand continues to increase and customers require expedited deliveries. Ultralife’s stock posted a 25% increase in trading volume following the release of the higher earnings estimate. After evaluating recent sales and deliveries, the company boosted its earnings estimate due to strong demand from government, defense and commercial customers across the globe, and increased shipments over the…

ThursdayMay 29, 2008 4:45 pm

Jamba Juice (JMBA) and Nestle USA Launch Ready-to-Drink Product Line for 2008

As the leader in blending fruits and other naturally healthy ingredients, Jamba Juice (NASD: JMBA) has teamed up with Nestle USA (OTC: NSRGY) and has announced the launching of a line of Jamba® ready-to-drink beverages containing real fruit. The drinks are made with extra nutrients to enhance flavor and nutritional value. In morning trading Jamba Juice's stock rose 13.18%. "This is the first step in our strong partnership with Nestlé," stated Paul Coletta, senior Vice President of marketing and brand development at Jamba. "Our teams continue to work together on future product extensions that will build and drive the synergy…

ThursdayMay 29, 2008 4:43 pm

General Automotive Company (GNAU.OB) Reports First Quarter Financial Results

General Automotive Company (OTCBB: GNAU) reported their financial figures for the first quarter ended March 31, 2008. The company is a provider of original equipment and aftermarket automotive parts, mobile electronics, and related automotive products covering a number of levels of distribution throughout the U.S. and worldwide. They have long-lasting relationships with manufacturers in China, Korea, and Japan which allows them to bring high-quality automotive parts and accessories to automobile manufacturers in the United States. Revenue rose 51% to $4.07 million for first quarter 2008 compared to $2.69 million a year ago. Gross profit totaled $345,000 for first quarter 2008…

ThursdayMay 29, 2008 4:42 pm

Voyant International Corporation's (VOYT.OB) Subsidiary Provides Power for Telecom and Mobile Media Markets

RocketStream, Inc., a subsidiary of Voyant International Corporation (OTCBB: VOYT) and a leading provider of digital content delivery acceleration over high-bandwidth IP networks, recently announced that they have been chosen to power the world's largest provider of syndicated consumer research to the telecom and mobile media markets. Nielsen Mobile will utilize the data transfer acceleration software developed by RocketStream™ in order to transport large amounts of mobile network quality among measurement vehicles in the field and corporate data centers. At the closing of Wednesday's trading, the company's stock rose 52.63%. Nielsen Mobile uses high precision coverage measurements to map the…

ThursdayMay 29, 2008 4:40 pm

China Tel Group Inc. (CHTL.OB) Appoints President/COO with Extensive Leadership and Architectural Experience

China Tel Group Inc. (OTCBB: CHTL) focuses on the telecom sector, working to deliver its broadband technology in China. The company is targeting a population of more than 300 million people, representing 50 percent of the country’s GDP. The company today announced the appointment of Colin Tay as company president, and Mario Alvarez as COO, supported by their experience in the architectural and Asian markets. “We now have our senior leadership in place and are moving forward rapidly with our strategic plans for China and the extraordinary opportunities within that country's telecom sector. We have a singular opportunity to develop…

ThursdayMay 29, 2008 4:39 pm

Hybrid Technologies Inc. (HYBR.OB) Building Green Speed Vehicle

Hybrid Technologies Inc (HYBR.OB), based in Mooresville, NC, is currently developing a Tesla-inspired sportscar. Hybrid plans on developing an all-electric version that will be targeted for production and a gas-electric hybrid version that will be entered into the “Progressive Automotive X Prize” competition with Popular Mechanics (PM). Hybrid expects a drivable hybrid prototype, also known as X Prize car, to be completed by September 2008. Ron Cerven, a Hybrid project development engineer, stated, “We’re looking for this car basically to end up mainstream—not just built for a one-and-done. The X Prize car is going to be the purchasable—obviously a higher-end…

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