Blog - Page 4722 of 5543

WednesdayFeb 27, 2008 7:03 pm

Timberline Resources Corporation (TBLC) Signs Purchase Agreement, Acquiring Small Mine Development, LLC

Timberline Resources Corp. announced the signing of Purchase Agreement to acquire Boise, Idaho-based underground mine contractor, Small Mine Development, LLC. (SMD) Timberline agrees to pay a total purchase price of $80 million with $45 million in cash at closing, $15 million in Timberline common stock, and $20 million paid in $5 million increments over four years. Ron Guill, founder and owner of Small Mine Development joined Timberline Board of Directors in November 2007 and will continue to lead Small Mine Development for at least the next four years. SMD had Earnings before interest, taxes, depreciation, and amortization (EBITDA) in 2007…

WednesdayFeb 27, 2008 6:52 pm

Capstone Turbine Corp (CPST) Signs New Distributor Agreement with Reagan Equipment Co., Inc.

Capstone, the world’s leading clean technology manufacturer of microturbine energy systems, announced it signed a new Distributor agreement with Reagan Equipment for all applications and market segments in the Southeastern region of the U.S. including Louisiana, Mississippi, Georgia, North and South Carolina, Florida, Tennessee and the US Gulf of Mexico. Reagan Equipment was founded in 1946 as a machine shop servicing oilfield components through the 1960’s and 1970’s, and developed an extensive branch network as well as set the standard for fabricating power packages in the oilfield industry. Their installations include electrical power generation, oil field pumping, gas compression, wastewater…

WednesdayFeb 27, 2008 3:36 pm

No Home Improvement Yet

The twin reports from retailers for the home improvement market, the main stores for do-it-yourselfers, Home Depot (NYSE: HD) on Tuesday and Lowe’s (NYSE: LOW) on Monday, showed essentially the same thing, that the housing sector woes have thoroughly worked their way into this specialized sector of retailing and is expected to continue affecting it for the near term. Home Depot experienced not only a 27% drop in its fourth quarter profit, but also showed a decline in annual sales for the first time in its history. For the recent quarter, the company earned 40 cents per share vs. 46…

WednesdayFeb 27, 2008 3:30 pm

Expanded Sales Force Earns Pressure BioSciences, Inc. (PBIO) a “Speculative Strong Buy” Rating and Increased Sales

Dutton Associates recently rated Pressure BioSciences, Inc. (NASDAQ: PBIO) as a “Speculative Strong Buy,” pricing the 12-month target at $10 per share. The research report commends the company on its “unique and superior technology” applicable to a variety of areas in the life-sciences field. As Pressure BioSciences utilizes its expanded sales force, Dutton said it expects sales to increase in the upcoming quarters of 2008. The company’s Commercialization Plan called for the addition of seven full-time sales directors to help the company spread its regional coverage. The sales force is responsible for the marketing of the Barocylcer NEP3229, the Barocycler…

WednesdayFeb 27, 2008 3:27 pm

OmniaLuo, Inc. (OLOU.OB) Opens Two Additional Retail Stores

In previous statement to the public, OmniaLau, Inc. stated that the company is working hard to build a strong franchise in China and hopes to become the Chinese equivalent of Donna Karan or Liz Claiborne Inc (NYSE:LIZ). Back then the company had 154 retail stores across 29 provinces in China and planed to increase its retail stores to 264 by year-end 2008. OmniaLuo, Inc. is on its way to reaching that goal as the company has opened two additional independent distributor stores in January of this year, bringing the total retail store count to 156. Both stores are located in…

WednesdayFeb 27, 2008 2:12 pm

BlackHawk Fund (BHWF.OB) Reduces 1 Billion Shares of Common Stock

Making headlines was The Blackhawk Fund, which announced the reduction of 1 Billion authorized shares of the company's common stock. The Board of Directors unanimously voted in favor of reducing BlackHawk's authorized shares from 4 Billion to 3 Billion shares in an effort to deliver shareholder appreciation. At the current time, the company's majority shareholder controls the equivalent of 2 billion shares as Preferred B stock, which are affiliate restricted shares that cannot be sold into the market. BlackHawk’s reduction in stock is an effort to recapitalize the Company in a manner that will yield price appreciation as business grows.…

WednesdayFeb 27, 2008 1:45 pm

Saving Subscribers More than $150 Million Each Year, Charter Communications, Inc. (CHTR) Serves its One-Millionth Customer

Charter Communications, Inc. (NASDAQ: CHTR) announced today it has signed up more than one million Charter Telephone customers, providing residential telephone service for what it calls “the opportunity for significant savings.” The one-millionth customer has actually been a cable customer for more than 20 years, but recently upgraded to Charter’s triple-play bundle of services. “Our family has had a great experience with Charter Cable over the years, so it was an easy decision to add Charter phone and high-speed Internet. It’s also really convenient to have only one bill for all three services, and we save a lot of money…

WednesdayFeb 27, 2008 11:37 am

Holmes Biopharma, Inc. (HLMB.OB) – A Valued Partner in the Research and Development Industry

When people hear the word ‘outsourcing,’ many tend to think it’s a bad thing because we are losing something to another company or country. However, not all outsourcing is bad, especially when it makes a positive impact on our lives and our health. How so? Well there are many drugs out there on the market and pharmaceutical and biotechnology companies are literally developing hundreds of medicines every day, but before any of these drugs can make it on to the store shelves or to the local pharmacy, they must go through clinic trials or some type of research study. With…

WednesdayFeb 27, 2008 11:25 am

OTCPicks Featured Company: S3 Investment Company, Inc. (SIVC.PK) Announces Agreement Between Redwood Capital and Kensington Cross Ltd.

S3 Investment Company announced that their Redwood Capital Subsidiary has entered into a long-term agreement with Kensington Cross Ltd. Kensington Cross is a Delaware domiciled boutique investment banking firm, holding offices in Beijing, China, and now will fund private equity transactions. Redwood Capital deals with assisting private Chinese companies to access the U.S. capital markets primarily through reverse mergers into U.S. public companies. The company saw a rise of 160.00% on Tuesday. Both companies offer existing and potential clients advanced equity and joint venture alternatives transactions ranging from $20 million and in upwards of $100 million (US). Kensington Cross has…

WednesdayFeb 27, 2008 11:22 am

China TechFaith (CNTF.O) Continues to Report Quarter over Quarter Growth

Where developing countries are concerned, it just makes economic sense to develop telecommunications systems that can actually reach people where they work and live. Often this means remote farming regions or in the steps of mountain ranges. Add a population base, in developing countries, of 100's of millions and cellular companies would need to work hard to make money. China TechFaith Inc., A mobile phone handset designer, has been experiencing high growth over the last two quarters. Generally, this growth can be attributed to the company's Smartphone and feature phone products which are essentially two phones in one. These products,…

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