Blog - Page 4675 of 5383

WednesdayJan 16, 2008 5:58 pm

Chem Rx Corporation (PMQC.OB) Announces the Appointment of Three New Directors

Chem Rx Corporation (PMQC.OB), a leading provider of institutional pharmacy services, announced the appointment of three new directors to their board of directors, effective January 11, 2008. These new directors include Richard M. Gozia, Robert R. Hinckley and Andrew R. Jones. Richard M. Gozia currently serves as an Interim Chief Executive Officer for ForeFront Holdings, Inc., a supplier of products and services to the golf industry. However, Gozia has served on ForeFront Holding's Board of Directors since 2005, becoming chairman of the board in 2006, and, from 2005 until July 2007, served a member and chairman of its audit committee.…

WednesdayJan 16, 2008 5:55 pm

Electroglas, Inc. (EGLS) Selected by Broadcam Corporation

Electroglas, Inc. (EGLS), a leading supplier of wafer probers for the semiconductor industry, announced that Broadcom Corporation has purchased the Electroglas EG6000 system for the engineering, development, and qualification of new device silicon wafers. This purchase, followed by an extensive production evaluation, showed that the Electroglas EG600 was a superior product compared to similar products. As a result, this product was best suited for Broadcom’s demanding, next generation engineering and development environment. Tom Rohrs, Chairman and CEO, Electroglas, stated, "We are very excited about this decision from Broadcom. As a global leader in wafer test development of advanced logic device…

WednesdayJan 16, 2008 5:53 pm

Così, Inc (COSI) Reports Sales Growth for the 2007 Fourth Quarter and Full Year

Così, Inc. (COSI), a premium convenience restaurant company, reported revenue for the 2007 fourth quarter. Specifically, total revenue grew 5.2% - increasing from $31,782,800 to $33,432,200. Likewise, franchise fees and royalty revenues also increased; contributing $606,500 to this net revenue figure. Additionally, system-wide restaurant sales for the 2007 fourth quarter also increased 2.1%. Revenues for the full 2007 year grew 8.5% to $137,672,200 from $126,888,300 in 2006. Company-owned net restaurant revenues grew 7.6% in 2007 to $135,617,400, compared to $126,038,300 in the previous year. Franchise fees and royalty revenues contributed $2,054,900 compared to $850,000 in 2006. James Hyatt, President and…

WednesdayJan 16, 2008 5:51 pm

IMAX Corporation (IMAX) Delivers Box Office Results For 2007

IMAX Corporation (IMAX) has updated shareholders by announcing impressive box office results for the year 2007. During this year, IMAX generated revenue of $145 million from Hollywood releases, 56% higher than the $93 million that the IMAX theatre network grossed during 2006. Hollywood films that played in IMAX theatres in 2007 included eight titles from 4 different studios, all of which were converted into The IMAX Experience. The titles in IMAX's 2007 film slate contributing to this record-setting box office performance included 300, Spider-Man 3, Harry Potter and the Order of the Phoenix, Transformers, Beowulf, and I Am Legend. Earlier…

WednesdayJan 16, 2008 5:48 pm

Spotlight on The Purple Beverage Company (PPBV.OB)

Founded in 2007, Purple Beverage Company, Inc. is an anti-oxidant beverage company based in Fort Lauderdale Florida. The company engages in the development, marketing, and distribution of a functional beverage product in the United States. The company offers a hip new beverage product under the brand name ‘Purple’, which has consumers clamoring for its pleasant, tangy taste. PURPLE is considered to be the new antioxidant beverage and was named a “Hot Product for 2008”. It’s an all-natural, no sugar added beverage that combines seven antioxidant-rich juices, including the super-trendy acai berry, as a must-have for health-conscious consumers who want to…

WednesdayJan 16, 2008 5:45 pm

REITs Feel Crunched

Real Estate Investment Trusts (Reits) are feeling the fallout which began when the subprime loan problems affected financial stocks, spread to the homebuilders, and have now found their home with the real estate stocks. Reits - which are stocks of companies that invest in commercial or residential real estates, such as shopping centers, office buildings and apartment complexes - have fallen into the grip of the subprime woes’ ripple effect as it works its way through various investment classes, perhaps eventually through the broader market. Large Reits such as Simon Property Group (SPG), Federal Realty Investment Trust (FRT), and Boston…

WednesdayJan 16, 2008 5:40 pm

Gold: A Trend Toward 1,000

With gold crossing the $900 an ounce mark this week, investors wonder whether the benchmark precious metal is nearing a top or poised for a run to higher ground, even the previously unthinkable $1,000 per ounce mark. Gold reached $915.90 on the New York Mercantile Exchange this week, an all-time high, and has since hovered around the $900 level the rest of the week. According to CNN Money, Citi Investment Research Gold Analyst John Hill added his voice to a growing feeling among analysts that the metal has a chance to top the $1,000 mark in 2008. Gold has traditionally…

WednesdayJan 16, 2008 12:26 pm

Nascent Foodservice, Inc. (NCTW.OB) Recaps Successful 2007

Nascent Foodservice, Inc. (OTCBB: NCTW) originated as a family owned cheese business and has grown to become a leading distributor of food and beverages throughout Mexico. Focusing on distribution agreements and strategic acquisitions, the company has positioned itself for success in a growing industry. The company’s product line is extensive, and with so much to offer, Nascent has had a busy 2007. In December Nascent announced the opening of a new 30,000 square-foot distribution center in Mexico City, intended to house two of the company’s operations to consolidate operations and reduce expenses. In November of 2007, Nascent’s subsidiary, Grupo Sur…

WednesdayJan 16, 2008 12:21 pm

USTelematics, Inc. (UTLM.OB) Revolutionizes the Roadtrip – For Driver and Passenger

It’s 2008, and we’re all witness to the quiet extinction of the roadmap, boring road trips and “I spy” car games. The global infotainment vehicle telematics market is revolutionizing how we travel, do business and communicate while driving. The industry includes in-car navigation systems, DVD players, voice activated texting systems, etc … all part of a booming market expected to reach $34 billion by 2010, up from $19 billion in 2003. USTelematics, Inc. (OTCBB: UTLM) develops and commercializes next-generation, proprietary technologies focused on the revolution of the “wired car,” delivering high-speed data and entertainment content to private and commercial vehicles.…

WednesdayJan 16, 2008 12:16 pm

Cargo Connection Logistics Holding, Inc. (CRGO.OB) is Working to Improve the Company’s Financial Condition.

Considered to be a leader in the world of trade logistics, Cargo Connection Logistics Holding, Inc. provides transportation logistics for shipments imported into and exported out of the United States, with service areas throughout the United States and North America. The Company currently provides a comprehensive variety of transportation and warehouse capacity services to shippers throughout the nation. It also operates a bonded General Order warehouse in New York and Container Freight Station operations, which are specifically designed to handle internationally arriving freight for major retail suppliers through its facilities in Florida, Georgia, Illinois, New York and Ohio. The company…

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