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TuesdayAug 26, 2008 4:29 am

Shares of Pacific Sunwear of California, Inc. (PSUN) Drop to Multi-Year Low on Second Quarter Earnings and Weak Guidance

Pacific Sunwear of California Inc. (NASDAQ: PSUN), a retail operator that sells casual apparel, accessories and footwear, including shorts, pants, overshirts, sweatshirts, outerwear and sunglasses, recently announced its financial results from the second quarter. Shares plunged to a multi-year low late last week after the company reported only a marginal increase in same-store sales compared to the year-earlier period. Total sales reached $312.7 million for the quarter, a slight increase over total sales of $311.8 million for the second quarter of fiscal 2007. Total same-store sales declined 1 percent during the second quarter of fiscal 2008. Income from continuing operations…

MondayAug 25, 2008 4:20 pm

August 25th CEOcast Weekly Newsletter

Companies featured in the current edition of the newsletter: ACCY, ACTC, CETG, CLXS, CTVWF, CVM, DRGP, FMTI, GNBT, GSPG, HJHO, ITUI, PFOB, PLKH, SRRY, SWVC, TKO, VYTR In three sessions last week, volume at the NYSE failed to exceed 1.0 billion shares. Call it a vacation factor or whatever you want. It clearly indicates that there wasn't a lot of conviction in last week's trading action. The Dow Jones Industrial Average dropped 32 points or 0.3%, increasing its year to date loss to 12.3%. The Nasdaq Composite Index finished the week 38 points lower, with a year to date loss…

MondayAug 25, 2008 3:28 pm

Uranium Hunter Corporation (URHN.OB) has Joined the International Search for Uranium

Uranium Hunter Corporation is a natural resource company devoted to the exploration and development of deposits of uranium in East Africa. The company has acquired properties in Tanzania that further enhance their position to become an established leader within the renewable energy industry. Around the world, nuclear energy is becoming a core issue for many countries. Currently, 30 countries representing two-thirds of the world's population use some 442 nuclear reactors to produce 16% of global electricity. Expansion of nuclear energy is underway in some countries already; China and India have plans to quadruple their nuclear capacity by 2020. The International…

MondayAug 25, 2008 3:25 pm

Brite-Strike Technologies, Inc. (BSTI.PK) Shines at the Second Annual New York Law Enforcement Exposition

During the second annual New York Law Enforcement Exposition, Brite-Strike Technologies, Inc. (OTC: BSTI) took advantage of the heralded opportunity to introduce their products to fellow law enforcement officials. The NY Times covered the event and found the company’s futuristic-looking flashlights particularly interesting among the other lighting products featured, which happened to be a large part of the exposition. Brite-Strike Technologies was formed after two police officers had a conversation during their midnight shift in regards to how much they disliked the flashlight options that they were given. It was after that conversation that officer Jon Neal and Glenn Bushee…

MondayAug 25, 2008 3:16 pm

Simtrol Inc. (SMRL.OB) Board of Directors Has a Ton of Experience in the Information Technology Field

Simtrol Incorporated is a developer of innovative device management software for use in the command, control, and monitoring of electronic devices. The company’s products are cutting edge and push effectiveness for electronics users in the workplace and at home. The intelligent solutions the company has brought to the public represents the years of hard work and intelligence of the Board of Directors running the company. The Chairman of the Board, Dallas Clement, is only 43 years of age, but has already nearly 20 years of experience in the IT field. He started his career with Cox Communications in 1990 and…

MondayAug 25, 2008 3:13 pm

Axial Vector Engine Corp. (AXVC.PK) Advisory Board is as Powerful as Their Engines

Axial Vector Engine Corporation is well known for their unique electric engine and internal combustion engine technologies. They have a reputation for their engine's strength, durability and fuel efficiency. Similarly, the company’s Advisory Board has a well-known reputation. The Advisory Board is comprised of distinguished senior executives who use their extensive experience and expertise in the industry to provide in-depth analysis regarding the strategic development of potential applications that utilize the company's revolutionary new technologies. The Chairman of the AVEC Advisory Board is Dr. Jack Walter, a long time engineer by trade with ties in the energy and manufacturing industries.…

MondayAug 25, 2008 1:06 pm

A-Power Energy Generation Systems, Ltd. (APWR) Reports Q2 Earnings in Line, Reaffirms Guidance; Shares Fall 13%

A-Power Energy Generation Systems, Ltd. (APWR), a provider of distributed power generation systems and wind turbines in China, reported second quarter financial results this morning before the open. Revenues increased 21.5% to $65.7 million, compared to $54.1 million for the same period in 2007. Net income increased 3.9% to $6.2 million, compared to $6.0 million. Excluding stock-based compensation expense of $0.28 million, non-GAAP net income was approximately $6.5 million, or 20 cents per share. Gross margin declined to 12.1% from 14.5% as a result of costs incurred during construction of a wind turbine facility in Shenyang. Four analysts surveyed expected…

MondayAug 25, 2008 1:05 pm

QualityStocks Expo Opens Registration for “Wealth of the Gulf Expo” December 3rd-5th in Dubai

QualityStocks Expo (www.QualityStocksExpo.com) is pleased to announce their first public company gathering and exposition in Dubai. The QualityStocks Wealth of the Gulf Expo will take place from December 3 to December 5 at The Burj Al Arab. This is the only seven-star hotel in the world and Dubai’s distinction as a billionaire’s playground makes it the perfect place for the QualityStocks Wealth of the Gulf Expo. Public company officers, investment bankers, venture capitalists, money managers, fund managers, institutional investors, attorneys, and accountants will attend this prestigious and information-packed event. Being the financial event of the decade, participants will not be limited…

MondayAug 25, 2008 12:40 pm

Jinpan International Ltd. (JST) Reports 47% Increase in Q2 Net Income

Jinpan International Ltd. (JST), a Chinese manufacturer of cast-resin transformers for wind and electrical power distribution, reported second quarter 2008 financial results today during regular trading hours. Revenues rose to$40.6 million, an increase of 26.7% year-over-year from $32.1 million. Net income rose to $6.0 million, or 74 cents per share, an increase of 47.4% from $4.1 million, or 51 cents per share, in the same period of 2007. No analysts currently cover the stock. “We made excellent progress in our business in the second quarter,” said Zhiyuan Li, Chief Executive Officer of Jinpan. “We achieved sales increases for our core…

MondayAug 25, 2008 11:35 am

SkyPostal Networks, Inc. (SKPN.OB) Continues to Hover near 52-Week High, Recently Raised the Bar

When SkyPostal Networks, Inc. (SKPN.OB) was first introduced to the public markets through a friendly reverse merger, its stock was trading for $0.90-$0.95. It wasn’t long before investors found out about this new investing opportunity as shares quickly bid up to $1.45. Since the 52-week high was set, shares have hovered around the price, recently breaking out to reach $1.50 about a week ago. Let us hear your thoughts: SkyPostal, Inc. Message Board

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