Blog - Page 4722 of 5753

ThursdayMay 29, 2008 4:18 am

Ultralife Batteries Inc. (ULBI) Increases Revenue Guidance for Second Quarter and Full Fiscal Year

Ultralife Batteries Inc. (ULBI), a provider of power solutions and electronics equipment to government, defense, and commercial customers in North America, Europe and Asia, raised revenue guidance for both the current quarter, which ends June 28, and for the full year. The company now expects to achieve sales in excess of $75 million for the quarter, higher than previous guidance issued May 1 of $60 - $70 million and an increase of more than 100% year over year. Ultralife now predicts revenues for fiscal 2008 will surpass $250 million. The company previously guided for $238 million in full-year revenues. Ultralife…

WednesdayMay 28, 2008 7:02 pm

Gemini Explorations, Inc. (GXPI.OB) Makes Final Payment on La Tapata

Gemini Explorations, Inc. (GXPI.OB) recently announced that it has completed its final payment for the acquisition of its site located in Colombia’s El Bagre-Zargosa mining district. Gemini holds an 80-percent controlling interest in the property situated 42 km from the municipality of El Bagre. Gemini was able to acquire the majority interest in the Los Chorros Gold Mine through the issuance of 3,900,000 restricted shares in GXPI and $50,000 cash. For its final payment, Gemini chose to issue 1,400,000 restricted common shares in lieu of $50,000 cash. The company retains the first right of refusal to acquire the remaining 20…

WednesdayMay 28, 2008 6:20 pm

Shares of Akeena Solar, Inc. (AKNS) Jump on Analyst Initiation and $12 Target Price

Shares of Akeena Solar, Inc. (NASDAQ: AKNS), one of the largest national installers of residential and commercial solar power systems in the United States, recently climbed 18 percent to $6.90 per share on news of an analyst initiation and $12 target price. The company's new integrated solar panel system, Andalay, is the only solar panel system with integrated racking, wiring and grounding. Despite the favorable coverage, the company’s first quarter earnings came in below investors’ and analysts’ expectations. Net sales for the first quarter of 2008 were $12.2 million, an increase of 94.7% compared to $6.3 million in net sales…

WednesdayMay 28, 2008 6:19 pm

Shares of Quantum Fuel Systems Technologies Worldwide, Inc. (QTWW) Gain on Solar Modules Contract

Shares of Quantum Fuel Systems Technologies Worldwide, Inc. (NASDAQ: QTWW), a fully integrated alternative energy company and leader in the development and production of energy storage technologies and alternative fuel vehicles, recently jumped on news of a new solar modules contract. Last week, the company announced that its German partner, Asola Advanced and Automotive Solar Systems, secured a $17 million contract from Sunworx for the supply of high-efficiency silicon photovoltaic solar modules. Following the news, shares of Quantum Fuel Systems Technologies Worldwide climbed more than 16 percent on almost 8.5 million shares traded. This deal is expected to create a…

WednesdayMay 28, 2008 6:18 pm

Sirtris Pharmaceuticals, Inc. (SIRT) Announced Receipt of Cash Tender Offer for Outstanding Shares from GlaxoSmithKline plc

Sirtris Pharmaceuticals, Inc. (SIRT), a biopharmaceutical company that develops proprietary, orally available, small molecule drugs to treat metabolic diseases, announced in early May the receipt of a cash tender offer for outstanding company shares. Fountain Acquisition Corporation, a wholly-owned subsidiary of GlaxoSmithKline plc (GSK), has begun a cash tender offer to purchase all outstanding shares of common stock of Sirtris. The offer is for $22.50 in cash without interest and less any required withholding taxes. The offer is being made pursuant to a previously announced definitive agreement dated April 22, 2008 among Sirtris, Fountain Acquisition Corporation and SmithKline Beecham Corporation,…

WednesdayMay 28, 2008 6:16 pm

Plexus Corp. (PLXS) Plans Expansion of California and Illinois Manufacturing Facilities

Plexus Corp. (PLXS) is an Electronic Manufacturing Services (EMS) company that develops and manufactures world-class product solutions. The company provides a host of solutions relative to EMS such as mechanical, electronic and software design; printed circuit board development; prototyping services; and new product introduction. Plexus also provides material procurement and supply chain management; printed circuit board and higher level assembly; test development; in-circuit and functional testing; final system box build; fulfillment; service and repair. Plexus supports a variety of market sectors, including Wireline/Networking, Wireless Infrastructure, Medical, Industrial/Commercial, and Defense/Security/Aerospace. Headquartered in Neenah, Wisconsin, the company’s North American facilities are located…

WednesdayMay 28, 2008 12:40 pm

PhotoChannel Networks Inc. (PNWIF.OB) to Provide and Operate Imaging Network for Kodak in China

PhotoChannel Networks, the leading innovator in online digital media solutions for retailers, announced earlier today that they have signed an agreement with Kodak (China) Investment Company Limited to provide and operate Kodak's imaging network in China. Kodak China Investment Company Limited is a part of the world's foremost imaging innovator Eastman Kodak (NYSE:EK). Under the agreement, Kodak Express stores in China will use PhotoChannel's PNI Digital Media Platform to transmit digital versions of personalized photo products created in the store to a Kodak production facility. The physical product will then be created and shipped back to the store. Since 1995,…

WednesdayMay 28, 2008 12:36 pm

SkyPostal Networks Inc. (SKPN.OB) Announces 40% Increase in Q1 Revenue; Appointment of Prestigious New Member to Board of Directors

SkyPostal Networks Inc. is an international mail distribution company specializing in the hand delivery of commercial mail, periodicals and parcels in the Latin American - Caribbean region (LAC). The company has established itself as one of the largest private mail networks in Latin America, executing the delivery of mail from European entities with time-sensitive deliveries, such as major publishers, mail consolidators, international mailers and financial institutions. The company recently announced its first-quarter results, posting sales at $2.4 million, a 40-percent increase over the $1.7 million reported last year. The company also reported an increase in gross margin, at 25 percent…

WednesdayMay 28, 2008 11:44 am

Geeks On Call Holdings, Inc. (GOCH.OB) Partners with Ident-A-Kid and Earlier this Month Was Added to Entrepreneur Magazine’s Franchise 500 Club

Geeks On Call Holdings, Inc. (OTCBB: GOCH) announced today a partnership with Ident-A-Kid. Geeks on Call, a national provider of IT solutions, will work with Ident-A-Kid’s Corporate Partnership Program through an endorsed vendor benefit program. Geeks On Call has taken a proactive stance the last couple years in the area of child safety. Geeks On Call was named to Entrepreneur Magazine's prestigious Franchise 500 Club earlier in the month. The company has also been recognized for three years in a row by Entrepreneur Magazine as one of the 101 best in the “Top Home Based Franchise”. "We are proud of…

WednesdayMay 28, 2008 11:39 am

Dutton Associates Featured Company: Znomics Inc. (ZNOM.OB)

Znomics Inc. (ZNOM) is a biotechnology company that develops new pharmaceutical products for the treatment of human diseases. They approach product development with a two-pronged attack: commercial and academics. Commercially, the company is constantly seeking the development of proprietary drugs both autonomously and collaboratively with partner companies. Academically, Znomics provides labor and materials to, and develops collaborative relationships with, researchers engaged in advancing biological science, thereby enhancing their intellectual property and drug development capabilities. Although Znomics is still a developmental stage biotech company, they have many unique qualities which offer strong comparative advantages to many of their revenue generating counterparts.…

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