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FridayMay 16, 2008 5:02 am

China Precision Steel, Inc. (CPSL) Reports 231% Increase in Third Quarter Net Income

China Precision Steel, Inc. (CPSL), a precision cold-rolled steel processing company in the People’s Republic of China listed on the Nasdaq, reports net income of $4.6 million or 10 cents per share for the third quarter of 2008, an increase of 231% from the prior year. Revenues rose 61% year over year to $18.7 million. ''Our strong sales growth in exports of low-carbon, hard-rolled products and subcontracting work significantly increased our total revenue to a record level. We maintained our gross margin and saw a significant improvement in operating margin during the quarter, which flowed through to our bottom line,''…

FridayMay 16, 2008 5:01 am

Anchor BanCorp Wisconsin Inc. (ABCW) – A Worthy Model for the Financial Sector

The media is full of news and opinions nowadays about how financial services should be managed. None of the top brands in the world banking industry have escaped opprobrium for poor loan decisions and bad asset management. The U.S. Federal Reserve has had to intervene directly to arrange and to guarantee loans as well. How can any stock investor think of the Financial Sector with stock purchases in mind within this context? Perhaps small is better in banking. Here is a small capital stock from the S&Ls/Savings Bank Industry. It is based in Madison, WI and has served some 150…

FridayMay 16, 2008 4:57 am

Olympic Steel Inc. (ZEUS) Occupies Strategic Position in the Steel Business Chain

Cyclical downturns in the Basic Materials Sector threaten returns for potential stock investors. The Miscellaneous Fabricated Products Industry of this sector has much to recommend itself in this regard. It is positioned in such a way as to remain relatively isolated from slackness in demand. It is also ever-ready to adapt quickly to market expansion. This small capital member of the Miscellaneous Fabricated Products Industry is based in Bedford Heights, OH. It deals in various grades of steel, and can process this sturdy material into plates, sheets, or rolls. This capability makes the stock stable. The company has many degrees…

FridayMay 16, 2008 4:54 am

Versatile CytRx Corp. (CYTR) Technology Lends Strength to Stock

The revolutionary molecular chaperone amplification technology of this company is a breakthrough for the Biotechnology & Drugs Industry. It brings the regeneration of nerve fibers from the science fiction of the past to the realm of reality. This is no matter for academic appreciation alone, because one of the worst side-effects of poorly managed diabetes is the irreversible effects of decay it has on the nervous system. Diabetes is one of the most rapidly growing diseases of modern societies, with special vulnerabilities for certain ethnic groups. This Los Angeles, CA based company has a May 2008 market capitalization of less…

FridayMay 16, 2008 4:52 am

Acorn Energy, Inc. (ACFN) Obtains Exclusive Worldwide Marketing Rights to Solucorp Industries IFS-2C Technology

Acorn Energy, Inc. (ACFN) is a company focused on improving the efficiency of the energy grid and reducing the environmental impact of the energy sector. Acorn’s operating companies leverage advanced technologies to transform the existing energy infrastructure. The company has equity interests in Comverge, CoaLogix, DSIT, Gridsense, Local Power and Paketeria. The company recently announced that CoaLogix has obtained the exclusive worldwide marketing rights to Solucorp Industries IFS-2C technology for the fixation of heavy metals, such as mercury, for the electric power generation industry. Solucorp’s proprietary technology, which has been tested successfully in the United States, provides a value-added alternative…

FridayMay 16, 2008 4:51 am

United States Patent and Trademark Office Denies Stinger Systems Request for Reexamination of TASER International, Inc. (TASR) Patent

TASER International, Inc. (TASR) produces advanced Electronic Control Devises (ECDs) for use in the law enforcement, medical, military, corrections, professional security, and personal protection markets. TASER devices use proprietary technology to incapacitate dangerous, combative, or high-risk subjects who pose a risk to law enforcement officers, innocent citizens, or themselves in a manner that is generally recognized as a safer alternative to other uses of force. The company, which has been in business since 1993, is headquartered in Scottsdale, Arizona. The company announced this week that the Director of the United States Patent and Trademark Officer (USPTO) in an office action…

FridayMay 16, 2008 4:49 am

IMAX Corp. (IMAX) Announces Deal with DreamWorks Animation for Fifth Release

IMAX Corporation (IMAX), headquartered jointly in New York City and Toronto, Canada, is the one of the world’s leading entertainment technology companies. The company’s emphasis is on film and digital imaging technologies including 3D, post-production and digital projection. IMAX also designs and manufactures cameras, projectors and consistently commits significant funding to ongoing research and development. The company announced this week an agreement to release Madagascar: Escape 2 Africa into IMAX® Digital theaters worldwide on November 7, 2008. The agreement completes IMAX’s integration into DreamWorks Animation’s release strategy for the studio’s next five theatrical releases from June 2008 to May 2010.…

FridayMay 16, 2008 4:47 am

Abercrombie & Fitch Co. (ANF) Announced First Quarter 2008 Earnings Results

Abercrombie & Fitch (NYSE: ANF) through its subsidiaries operates as a specialty retailer of casual apparel for men, women, and kids, recently announced first quarter 2008 earnings results. The company operates 353 Abercrombie & Fitch stores, 202 Abercrombie stores, 457 Hollister Co. stores, 23 RUEHL stores and 5 Gilly Hicks stores in the United States at the end of fiscal April. The company reported net sales of $241 million for the four-week period ended May 3, 2008, an 18% increase over net sales of $204.6 million for the four-week period ended May 5, 2007. Year-to-date, Abercrombie & Fitch has reported…

FridayMay 16, 2008 4:28 am

Dollar Tree, Inc. (DLTR) Posts 2.1% Higher First Quarter Same Store Sales

Dollar Tree (NASDAQ: DLTR), the nation's largest $1.00 discount variety store chain as it operates 3,474 stores in 48 states, recently announced a 2.1% increase in same store sales during the first quarter. In addition, the company recorded a 7.8% increase in total sales. Dollar Tree sales’ during the first quarter were driven by food, health and beauty care, and party supplies. Customers will continued to be pressured by rising prices in 2008, which will add strength to Dollar Tree’s sales going forward. "Sales were strong throughout the quarter and exceeded guidance," President and CEO Bob Sasser said. "Dollar Tree…

ThursdayMay 15, 2008 6:36 pm

Sirius Satellite Radio Inc. (SIRI) Lou Reed Hits the Airwaves Again, Launching Eclectic Weekly Show for SIRIUS Disorder

SIRIUS Satellite Radio (Nasdaq: SIRI) today announced Lou Reed, Rock & Roll Hall of famer and legendary singer-songwriter, will host his own weekly show, exclusive to SIRIUS Disorder channel 70, beginning May 17, 2008, at 6 p.m. ET. Experimental producer Hal Willner will co-host the show, featuring a wide variety of music, including rock, jazz and blues, folk, opera and more, spanning popular artists such as Bob Dylan, Bob Marley, White Stripes, Johnny Cash, Bonnie Raitt, Beck and more. “For years, I've always been a fan of eclectic radio, such as FM radio in the past when you could hear…

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