Blog - Page 4526 of 5645

TuesdayJul 22, 2008 4:56 pm

Bank of America (BAC) Gains Hope from Second Quarter Financial Figures

Bank of America (NYSE: BAC) recently announced that despite the status of the economy, especially the banking sector, they as a lender surpassed earning expectations in spite of reporting a serious loss for the second quarter. Company shares are continuing to surge as investors are newly inspired by the state of the credit markets, and the Dow Jones Industrial Average can thank the welcoming news from the financial sector for the gains it posted last week. Much of this most recent news can be attributed to the fact that Bank of America saw great success in their other areas of…

TuesdayJul 22, 2008 4:54 pm

Cross Atlantic Commodities, Inc. (CXAC.OB) Remains Confident About 2008

With many companies skeptical about the direction in which the economy is headed, Cross Atlantic Commodities, Inc. (OTCBB: CXAC) is hopeful about the second half of 2008. Cross Atlantic is a diversified commodity importer and holding company that specializes in the coordination of bringing unique food products from the source to commercial worldwide markets. They focus on manufacturing and distributing nationally branded commodities such as food and general merchandise to food stores, supermarkets and club stores. The company works together with major retailers in sourcing and importing unique food items for the US markets. The company's short and long term…

TuesdayJul 22, 2008 2:14 pm

Patriot Energy Corp. (PGYC.PK) dba TelTeck Solutions, Inc. Offers Several Options for Telematics Solutions

TelTeck Solutions is a serious player in the high-security telematics technology industry. An area where TelTeck excels is the integration of secured information with an event management platform that can be customized for each unique customer’s needs. The goal of any company’s telematic strategy is meeting compliance regulations and achieving effective information security, and that is precisely what TelTeck offers to companies. The three devices profiled below provide secured solutions to three different industries that can save time, money and even lives. The L-Device is specifically designed for emergency service workers such as police, paramedics and firemen. It is used…

TuesdayJul 22, 2008 2:08 pm

QualityStocks Daily Video Report Features Uranium Hunter Corporation (URHN.OB), Midway Games (MWY) and Remote Dynamics (RDYM.OB) as Today’s Stocks to Watch

During the Tuesday, July 22, 2008 broadcast of the QualityStocks Report, Uranium Hunter Corporation (URHN.OB), Midway Games (NYSE: MWY) and Remote Dynamics (RDYM.OB) where highlighted as the day’s stocks to watch. Uranium Hunter Corporation (URHN.OB) is a natural resource and uranium exploration company headquartered in Toronto, Canada that focuses on developing a portfolio of quality uranium exploration properties in East Africa. Uranium Hunter Corporation recorded 41,000 shares in trading volume earlier this week. Another featured stock, Midway Games (NYSE: MWY), a leading developer and publisher of interactive entertainment software for major video game systems and personal computers, recently climbed 34.47…

TuesdayJul 22, 2008 1:49 pm

Ceragon Networks Ltd. (CRNT) Reports Strong Second Quarter Results – Discusses Increased Revenues and Raises FY08 Guidance

Shares of Ceragon Networks Ltd. (NASDAQ: CRNT), a global provider of high-capacity broadband wireless systems for next-generation networks, traded higher earlier this week after the company reported positive results for the second quarter. During the second quarter, which ended on June 30, 2008, revenues reached $55.2 million, an impressive 47.9 percent year-over-year increase from $37.3 million during the second quarter of 2007 and a 17 percent gain from $47.2 million in the first quarter of this year. Reaching an all-time record revenue of $55 million, the company’s non-GAAP net income totaled $0.13 per diluted share, compared to net income of…

TuesdayJul 22, 2008 10:51 am

Silverado Gold Mines Ltd. (SLGLF.OB) Strikes Gold at Workman’s Bench

Silverado Gold Mines has just announced the completion of nearly five thousand feet of exploratory drilling, spread over 16 drill holes at its Workman's Bench prospect target. The first half of 2008 saw the expansion of drilling over the entire extent of the targeted land's gold vein systems. Cores from two of the holes yielded visible gold and, in another section of the claim, large samples of stibnite (a metalloid also known as antimony) and gold-mineralized rock were collected. Testing on the samples revealed as much as a favorable 2.02 troy ounces of gold per ton. These results confirm the…

TuesdayJul 22, 2008 10:50 am

Mechanical Technology Inc. (MKTY) Achieves Breakthrough in Micro Fuel Cell Testing

MTI MicroFuel Cells Inc. just announced a major milestone in the development of its Mobion® cell phone fuel system. The company has been working toward creating an alternative to lithium ion cell phone batteries, and according to recent tests, it has just moved one step closer to that goal. Mobion® technology powers cell phones using direct methanol fuel cells (DMFCs). MTI was pleased to announce that it has achieved the amazing feat of operating a Mobion® laboratory cell continuously, over a period of 2,700 hours. To put that number into perspective, a cell phone user consuming three thousand minutes per…

TuesdayJul 22, 2008 10:49 am

Western Standard Energy Corp. (WSEG.OB) Forms Partnerships to Bank on Promising Bakken Formation

Western Standard Energy Corp., (OTCBB: WSEG) is an independent oil and gas exploration company with properties scattered across Montana and North Dakota. According to the U.S. Geological Survey, the two states have an estimated 3.0 to 4.3 billion barrels of untapped, recoverable oil in the Bakken Formation. Western Standard today announced it intends to engage in a drilling partnership with Oil for America LLC (OFA) to fund operations for one Lodgepole well and a second Lodgepole-Bakken well, both in North Dakota. The company also announced it will form a new, wholly-owned subsidiary, receiving an overriding 3 percent royalty for the…

TuesdayJul 22, 2008 10:47 am

Capital City Energy Group Inc. (CETG.OB) Drills into Arkansas Soil to Generate “Promising Revenues”

Capital City Energy Group Inc. (OTCBB: CETG) is a diversified oil and natural gas company operating in three divisions. The company is taking steps to switch gears, moving from institutional direct participation energy programs toward becoming a vertically integrated oil and natural gas company focused on grass-roots drilling, operating, service companies, acquisitions and fund management. As part of this plan, the company today announced the acquisition of an interest in the prolific Fayetteville Shale in Arkansas. This acquisition allows the company to participate in the drilling of more than 30,000 acres, adding to its previous participation with 29 producing wells…

TuesdayJul 22, 2008 9:28 am

Pricester.com’s (PRCC.OB) Genesis Electronics Moving Toward Producing the SunBlazer

Pricester.com (PRCC.OB) is a dynamic and innovative Internet marketing and technology company. The company's divisions are involved in several sectors which include website design and Internet marketing services, along with Internet shopping portals. One of Pricester's newest divisions is Genesis Electronics, which the company acquired in May 2008. Genesis Electronics specializes in practical, consumer-friendly applications of alternative energy sources. Genesis has patented a technology for high-efficiency solar charging and energy storage for portable-device batteries to greatly extend mobility and usefulness. This technology virtually eliminates the need to plug in to an electrical outlet to obtain a charge. On July 22,…

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