Blog - Page 4539 of 5671

WednesdayJul 30, 2008 4:24 am

SkyPostal Networks, Inc. (SKPN.OB) Adds New Members to Board of Directors

A wave of change is happening in Miami. With its business name officially changed to SkyPostal Networks, Inc. (SKPN.OB), the company has now announced the election of four new members to its board of directors. Jose Misrahi, Florian M. Schuhbauer, and Mathijs van Houweninge will serve as Independent Directors alongside S. David Fineman, who was elected in June. Christian J. Weber will serve as the Director Europe Sales and Service, while Klaus Knappik has been appointed Advisor to the board. Jose Misrahi is a CPA and a former auditor with Deloitte & Touché dealing in structured financings, financial negotiations, mergers…

WednesdayJul 30, 2008 4:03 am

Why NewStar Financial Inc. (NEWS) Justifies Contrary Stock Investment Action

The Consumer Financial Services have suffered such ill-repute of late that most stock investors look askance at the industry. Yet, there can be no denying that expenditures on loans are central to any free-market economy. That is why corporations that practice the best business standards in this industry translate into top stock picks. This corporation from the forward-looking territory of Boston, MA is focused on small enterprises and commercial realty. The company is structured around three business lines, which gives it a lean but most effective organization. Annual revenue growth on a Trailing Twelve Months basis tops 47%. This is…

WednesdayJul 30, 2008 4:01 am

Clear Evidence of ICU Medical Inc. (ICUI) Business Progress

The Board has decided to buy back stock. There can be no more demonstrable sign that this small-capital corporation is en route to a bright future. The corporation is in a vital sector of the economy. It makes devices to safeguard healthcare providers. Doctors, nurses, and para-medical workers run risks of infectious transfers from the patients they serve. The company helps professionals stay safe from accidental infected-needle pricks. The company is based in the pioneering climes of San Clemente, CA. Net income has doubled during the Most Recent Quarter, after a spell of rather staid business. Gross revenues continue to…

WednesdayJul 30, 2008 3:56 am

Hoku Scientific, Inc. (HOKU) Signs $298 Million 10-Year Polysilicon Supply Contract

Hoku Scientific, Inc. (HOKU), a diversified alternative energy technology company in China, announced this morning the signing of a significant contract for the supply of polysilicon to Jiangxi Kinko Energy, a Chinese manufacturer of solar wafers and ingots. The contract specifies an agreement to purchase up to $298 million worth of Hoku’s polysilicon over a ten-year period, with the first shipment to Kinko to occur in late 2009. Kinko will make an initial $10 million deposit, and additional prepayments of $20 million by December 20, 2008 and $25 million by March 31, 2009. "We are pleased to have established a…

WednesdayJul 30, 2008 3:55 am

DBL Distributing Gives Novint Technologies, Inc. (NVNT.OB) Access to Thousands of Retailers

Novint Technologies, the pioneer of 3D touch and DBL Distributing LLC and one of the largest and fastest growing wholesale distributors of consumer electronic products in the United States, has entered into an agreement to distribute the Novint Falcon game controller. This agreement will give Novint and its award winning PC game controller, the Falcon, access to 32,000 retailers and e-tailers nationwide, greatly expanding its market penetration. The Novint Falcon is an entirely new type of game controller which allows players to feel high-fidelity three-dimensional touch and force feedback in enabled games. It replaces the mouse or joystick and is…

WednesdayJul 30, 2008 3:52 am

Bio-Imaging Technologies, Inc. (BITI) Beats Second Quarter Estimates, Raises Guidance

Bio-Imaging Technologies, Inc. (BITI) is a contract healthcare service organization that provides support to the pharmaceutical, biotechnology and medical device industries during clinical trial processes. Bio-Imaging reported second quarter results this morning that surpassed analysts’ estimates. Revenues were $19.3 million, an increase of 65% year over year and higher than consensus of $17.3 million. Sales increased largely due to the acquisition of Phoenix Data Systems (PDS), which was finalized on March 24, 2008. Net income jumped 115% to $1.1 million, or 7 cents per share. Analysts were expecting earnings of 5 cents per share. Mark L. Weinstein, President and Chief…

TuesdayJul 29, 2008 3:44 pm

Workstream, Inc. (WSTM) Provides State-of-the-Art Performance Management and Employee Lifecycle Solutions

Workstream, Inc. (NASDAQ: WSTM) is a leading provider of on-demand compensation, performance and talent management solutions that help companies manage the entire employee lifecycle. The company’s TalentCenter provides a unified view of all Workstream products and services offered on a monthly subscription basis under an on-demand software delivery model, allowing companies to build high-performing teams while controlling costs. Workstream’s technology provides more than 5,000 pages of out-of-the-box HR and benefits related content to help customers get up and running quickly. In addition, this technology can manage multi-lingual content within the Workstream TalentCenter, including support for multi-byte character sets. Adding to…

TuesdayJul 29, 2008 2:20 pm

WPCS International Inc. (WPCS) Reports Q4 and FY 2008 Results

WPCS International Incorporated (WPCS), an engineering services company specializing in communications systems and wireless infrastructure, reported fourth quarter and full year 2008 results this afternoon. Figures did not differ materially from those pre-announced on July 17, 2008. Quarterly revenues rose to $26.7 million, a 51% increase compared to a year ago. Net income for the quarter totaled $921,000, or 13 cents per share, a decline of 34% year-over-year. The lone analyst that covers the company expected earnings of 22 cents per share on sales of $30.8 million. Annual revenues for fiscal 2008 were $101.4 million, a record for WPCS and…

TuesdayJul 29, 2008 12:38 pm

Uranium Hunter Corp. (URHN.OB) is “One to Watch”

Based in Toronto, Canada, Uranium Hunter Corporation (OTCBB: URHN) is a natural resource corporation devoted to the exploration and development of uranium and gold mining properties in East Africa. Since their inception in 2003, the company has focused on the acquisition and exploration of particular areas in and around the Republic of Tanzania and Uganda. The company entered into a definitive agreement with Trimark Explorations, Ltd. to acquire 100% interest in the Gambaro property that consists of 170 square kilometers located in the Njombe and Songea Districts in the Republic of Tanzania. Uranium Hunter was granted the sole right and…

TuesdayJul 29, 2008 12:34 pm

Arch Coal, Inc. (ACI) is “One to Watch”

Arch Coal, Inc. (NYSE: ACI) is one of the nation's largest and most efficient coal producers, engaging in the production and sale of steam and metallurgical coal from surface and underground mines to power plants, steel mills, and industrial facilities. The company contributes nearly 12% of America's coal supply from their eleven mining complexes in Wyoming, Utah, Colorado, West Virginia, Kentucky, and Virginia. The company currently operates 18 active mines and owns or controls approximately 2.9 billion tons of proven and probable recoverable reserves. Among the recoverable reserves, 90% is low in sulfur and 80% meets the most stringent requirements…

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