Blog - Page 4493 of 5734

ThursdaySep 25, 2008 4:05 am

Advance America, Cash Advance Centers, Inc. (AEA): Small Loans, Big Profits?

Advance America, Cash Advance Centers (AEA), operates over 2,800 payday loan and cash advance outlets in 35 states. The company also does business in the United Kingdom and Canada, with 12 centers in the U.K. and seven in Canada, respectively. Advance America's primary customer base is middle-income individuals in search of small denomination loans that the customer must pay back during the next pay period. Even with the closing of the 30 Arkansas stores, Advance America is still the largest US payday lender. Typically, the firm charges about $15 for every $100 loaned to a customer. Estimates for payday loan…

WednesdaySep 24, 2008 6:04 pm

Oriental Financial Group Inc. (OFG): Banking on Puerto Rico

Oriental Financial Group (OFG) is a bank holding company that offers banking services such as commercial and consumer lending, saving and time-deposit products, financial planning, corporate and individual trust and retirement services, and mortgage lending services to customers in Puerto Rico and Florida. The company also operates an international banking entity, Oriental International Bank, Inc., that engages in similar lines of business. As of the end of 2007, Oriental Financial had 24 retail branches on the island of Puerto Rico. Oriental Financial also provides financial services, including fiduciary, insurance, and pension administration services; investment banking services; and securities brokerage services…

WednesdaySep 24, 2008 5:48 pm

Changing Times Vitamins, Inc. (SGTB.PK) is “One to Watch”

Changing Times Vitamins, Inc. (SGTB.PK) is focused on developing a network of synergistic divisions that will offer proprietary Natural Health & Fitness Products, technology for Athletic Community Web Sites, Sports Event Promotions and Total Body Fitness oriented Health Clubs. The mission of the company is to internally develop these divisions, utilizing their marketing resources and collective knowledge that spans Advertising, Natural Product Development/Sales and Marketing, Web site technology and Health and Fitness. Currently, the company’s main product is RecoveryX, a sports drink that contains a clinically tested, patent pending algae extract that has been shown to reduce edema (swelling/inflammation) and…

WednesdaySep 24, 2008 5:09 pm

Hologic, Inc. (HOLX) Receives FDA Clearance to Incorporate World Health Organization 10-Year Fracture Risk Assessment into Its Bone Densitometer Systems

Hologic, Inc. (HOLX) is a developer, manufacturer and supplier of diagnostics products, medical imaging systems and surgical products dedicated to serving the healthcare needs of women. Hologic’s core business units are focused on breast health, diagnostics, GYN surgical, and skeletal health. The company, in June, announced the acquisition of Third Wave Technologies, which develops and markets molecular diagnostic reagents for a wide variety of DNA and RNA analysis applications based on its proprietary Invader® chemistry. Hologic recently announced that it is the first diagnostic medical device manufacturer to receive U.S. Food and Drug Administration clearance to incorporate the World Health…

WednesdaySep 24, 2008 5:07 pm

Skins Inc. (SKNS.OB): The Next Big Thing in Footwear Stocks?

Skins (SKNS) is a development stage footwear company specializing in footwear for both men and women. The company puts an orthopedic support in its shoes, known as the “Bone,” and places a fashionable cover on the outside, known as the “Skin.” This combination allows consumers to mix and match bones and skins to create the look they like best. Skins products can now be found in 21 retail outlets. Once a customer has bought a pair of bones, they don't need to repurchase another pair, but they can buy an unlimited quantity of skins, which are available at footwear and…

WednesdaySep 24, 2008 4:38 pm

Actuant Corp. (ATU) Signs Agreement to Acquire Cortland Companies from Investor Group Cortec Group

Actuant Corporation (ATU), based in Butler, Wisconsin, is an industrial company with operations in more than 30 countries. Actuant businesses provide highly engineered position- and motion-control systems and branded hydraulic and electrical tools and supplies. The company employs more than 7,500 people worldwide and, since its creation through a spin-off in 2000, has grown its sales from $482M to over $1.6B and its market capitalization from $113M to $1.6B. Actuant recently announced the signing of a definitive agreement to acquire the stock of the Cortland Companies from an investor group lead by Cortec Group. The Cortec Group acquires high value-added,…

WednesdaySep 24, 2008 1:15 pm

Zaldiva Inc. (ZLDV.OB) is “One to Watch”

Headquartered in Fort Lauderdale, Florida, and trading on the OTCBB, Zaldiva Inc. is a specialty online retailer of new and vintage pop culture collectibles, comic books, and memorabilia. The company markets their unique product line through their retail location in Fort Lauderdale and via their e-commerce website and portal, www.Zaldiva.com. This website works in conjunction with their other websites, as well as with their auction house operations. Zaldiva began selling comics and the collectibles associated with them online back in 2002. They purchased their retail location in 2004; however, they did not officially open it until November 24, 2006. This…

WednesdaySep 24, 2008 1:03 pm

China INSOnline Corp. (CHIO) is “One to Watch”

China INSOnline Corp. (CHIO) is an Internet service and media company focusing on the People's Republic of China insurance industry. Trading on the NASDAQ Capital Market with a current market capitalization of $148 million, the company uses localized websites targeting greater China. They provide, through Soobao, a network portal to their industry website, www.soobao.cn. They offer online automobile, property and life insurance services through this site. Soobao's goal is to raise the national insurance consciousness and reduce the cost of national security in China. They do this by constructing and maintaining their network to integrate and optimize business flow throughout…

WednesdaySep 24, 2008 11:12 am

Emotions Running High Over $700B Bailout

According to a recent poll, 55 percent of Americans do not believe that any taxpayer dollars should go to rescuing private companies, regardless of the effect that their collapse would have on the overall economy. Outrage over the plan proposed by Henry Paulson and Ben Bernanke has been steadily growing, with many citizens believing that it is just another way for the nation's rich to exploit the working class. Indeed, the government bailout would protect the fortunes of the upper one percent, but the real question is one that seems to remain largely unanswered: What sort of long-term effects would…

WednesdaySep 24, 2008 11:10 am

AIG, Fannie, Freddie, and Lehman are Under Federal Investigation

Four of the nation's largest financial institutions, whose collapses have contributed significantly to the need for the pending government action plan currently being discussed in Washington, have also drawn attention from the Federal Bureau of Investigation. The FBI has stated its intent to commence fraud investigations of insurer AIG, investment bank Lehman Brothers Holdings, and mortgage financiers Fannie Mae and Freddie Mac. Limited information regarding the investigations was given, as they are in the beginning stages, but it was noted that senior officers of the financial institutions would come under the greatest scrutiny. Let us hear your thoughts below:

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