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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…

ThursdayMay 15, 2008 6:35 pm

Mace Security International Inc. (MACE) Attributes Increase in Q1 Results Partially to Digital Media Marketing Segment

Mace Security International Inc. (MACE) manufactures personal defense and electronic surveillance products under the brand name Mace. The company also operates a digital media marketing, e-commerce business and car washes. Today the company announced its first-quarter results for the period ended March 31, 2008, posting an increase in revenues and net income. Mace Security reported net income for the quarter at $4 million, up from a loss of $658,000 reported in the first quarter of last year. Total revenues were $14.5 million, up from $9.8 million for the same quarter of 2007. The company attributes the increase to its Digital…

ThursdayMay 15, 2008 6:33 pm

OTCPicks Featured Company: Warp 9, Inc. (WNYN.OB) Reports Financial Figures

Warp 9, Inc. (OTCBB: WNYN) announced their financial earnings for the third fiscal quarter ended March 31, 2008. The company is pleased to report a 353% increase of net income from over a year ago, as it rose from $26,405 to $119, 615. Revenue fell to $580,477 from $771,989, but the decline was primarily caused by the elimination of pass-through marketing expenses. As for gross margins, they grew to a record 95%. "We continue to work hard to complete the company's turnaround. Management's efforts have been focused on improving the company's balance sheet and we are pleased with the progress…

ThursdayMay 15, 2008 6:31 pm

OTCPicks Featured Company: SouthPeak Interactive Corporation (GSPA.OB) Goes Public

As one of the rapidly growing video game publisher, SouthPeak Interactive Corp. (OTCBB: GSPA), announced they have gone public through the completion of their transaction with Global Services Partners Acquisition Corp. The company changed their name from Global Services to SouthPeak upon the closing of the acquisition, which allowed them to also complete institutional financing. The company has been growing at an alarming pace, as their unique production model utilizes independent studios to source and produce innovative video games. The company can maximize operational flexibility and profitability by leveraging leading talent in the development sector and minimizing fixed overhead. The…

ThursdayMay 15, 2008 6:30 pm

Nuclear Solutions Inc. (NSOL.OB) – $625,000 Grant for “Coal to Liquid” Plant will Create Hundreds of Jobs and Cleaner Burning Fuel

A six pound block of coal can produce about one gallon of diesel fuel in 16 to 20 seconds, with less than 1 part of sulfur per million, which is exactly what Kentucky Fuel Associates Inc. intends do with its recent injection of more than a half a million dollars. Today the company announced the Muhlenberg Fiscal Court has granted more than half a million dollars to develop the first large scale, coal-to-diesel fuel conversion plant in the country. The first plant will be built in Muhlenberg County, and is expected to produce 70 million gallons of diesel fuel from…

ThursdayMay 15, 2008 11:51 am

Global Roaming Distribution Inc. (GRDB.OB) Lands a Full Page in USA Today

On May 15, USA Today Magazine devoted an entire page to Global Roaming Distribution's impact on mobile telecommunications around the world. CELTREK, GRDB's ultra-low-cost solution for travelers on the go, was the main focus of the page, and the cost savings to international travelers (and callers) - who previously paid an arm and a leg in roaming, long-distance charges - was the highlight. With the advent of GRDB's CELTREK SIM card, all travelers can now gain access to the dramatic savings offered on calls to and from over 165 countries. The card is easy to install. It simply slips in…

ThursdayMay 15, 2008 11:48 am

Fortune Market Media (FTMM.PK) to Acquire Skee.TV

Fortune Market Media, a diversified media and communications company, has begun the acquisition of Skee.TV, a showcase into the life of world-famous DJ Skee. The program is the first ever, daily urban lifestyle show available via most mobile phone providers and free to anyone online. Skee.TV is a perfect platform for Fortune Market Media, which has already emerged as a leader in creating content-based programs for radio, interactive media, television, web-based mobile applications, print and publication. DJ Skee is also known as Scott Keeney. DJ Skee proudly joined Fortune Market Media earlier this month as Sr. Executive of New Media.…

ThursdayMay 15, 2008 11:45 am

JZZ Technologies, Inc. (JZZI.PK) Signs Consulting Contract with Ola Grimsby Institute

JZZ Technologies, a leading provider of unique software solutions to physical therapists, physicians, sport practitioners, sport-specific training facilities and similar professions, has a signed a consulting agreement with Ola Grimsby and three other senior instructors at the Ola Grimsby Institute to incorporate JZZ’s motion analysis products into their methodology of assessments and interventions. Mr. Grimsby commented, “The research will be conducted by OGI students and/or instructors using JZZ Technologies’ motion capture system to ascertain the normative data and three dimensional biomechanics of extremity and spinal functions. The research proposal includes the conjunct rotations in extremity joints as well as the…

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