Blog - Page 4722 of 5174

ThursdayAug 09, 2007 7:18 pm

Wilson Leather Shares Climb though July Sales Decrease

Wilsons the Leather Experts Inc. (Nasdaq: WLSN), most commonly known by leather jacket and handbag lovers as Wilsons Leather, posted a slew of news today, pushing shares up 20 cents, about 12 percent, to $1.85 at the market's close. The company reported a 2.2 percent decrease in same store sales for the month of July; the leather retailer also posted annual sales of $15.7 million for the month, as compared to $16.1 million for the month of July in 2006. Accessories, including wallets, gloves, hats, briefcases, bangles and belts, currently account for 35 percent to 40 percent of the company's…

ThursdayAug 09, 2007 7:16 pm

Thorium is Positive about Development Stage Results

The leading developer of low waste, non-proliferative nuclear fuel technology for existing and future reactors, Thorium Power Ltd. (OTCBB: THPW), released its business update for the second quarter today. The stock price reflected the news positively as shares increased 11 percent, or about 3 cents, to 28 cents on volume of 721,356. Seth Grae, CEO of Thorium Power, stated in a release earlier, "We are making strides in bringing our thorium-based fuel designs to the forefront as a viable solution to nuclear proliferation concerns and environmental issues around the world. Specific to Thorium Power, in recent communications we have indicated…

ThursdayAug 09, 2007 7:16 pm

Online Marketing: Viewpoint Releases Q2 Financials

As the Internet consumes the way we receive our information, carry our personal and professional financing chores, shop, plan vacations, and more, there's an open plate sitting before advertising and marketing companies. Online marketing boasts the low cost distribution of information to a vast global audience. Once a company has established itself as an operating Internet-based company, it has stepped its foot into a rushing flood of competition. Now comes the innovation, creativity and technical advances required to "make it." Internet marketing companies utilize search engine marketing, display advertising, interactive design, advertisements and more. Viewpoint Corp. (Nasdaq: VWPT) is one…

ThursdayAug 09, 2007 7:15 pm

Theater Xtreme up 40 Percent

Share prices for home theater projection retailer Xtreme Entertainment Group Inc. (OTCBB: TXEG) was up an impressive 40 percent today, spurred on by a recent company expansion summary written by Xtreme Entertainment CEO Scott Olgum. "Theater Xtreme is a progressive company that continues to meet important expansion targets while remaining highly differentiated in the consumer electronics retail segment," Olgum said in his letter. "Thousands of Theater Xtreme cinema rooms are in the homes of middle-income Americans. Our customers have lived in their homes for an average of five years, and have an approximate home value of $500,000. We add more…

ThursdayAug 09, 2007 7:14 pm

Cyberkinetics Up on Negative News

Share prices for Cyberkinetics Neurotechnology Systems Inc. (OTCBB: CYKN) were up 12.5 percent today, apparently bolstered by the company’s recent second quarter financial results. According to the financials, total revenues for this quarter were at $439,000, down $32,000 from the previous year’s second quarter revenues of $471,000. Although the revenues were down year over year for the second quarter, for the first half of the fiscal year 2007 the company has generated $80,000 more dollars in revenues. This will help the company get on track to increase yearly revenues for the second year in a row. Grant revenue fell as…

ThursdayAug 09, 2007 7:13 pm

Caliper Releases Second Quarter Results and Guidance

Financial reports are still trickling in for the first half of the fiscal year 2007. Caliper Life Sciences Inc. (NASDAQ: CALP), a leading provider of equipment for preclinical drug research, announced its second quarter results for 2007. Revenues for Caliper were up 45 percent year over year in the second quarter to $35.3 million. The generated revenues for this quarter were able to out-perform the guidance levels set between $30 and $35 million. Compared to the prior quarter, revenues were up about 24 percent as the first quarter generated $28.44 million. "In addition to our revenue initiatives, we are encouraged…

ThursdayAug 09, 2007 7:12 pm

PURE Teams Up with Swabplus to Tackle China

Shares of PURE Bioscience (OTCBB: PURE) jumped up today after news about its distribution agreement with Swabplus came out earlier this morning. In early trading today, PURE was up 17 cents (5 percent) to $3.47 per share. PURE announced in a press release that it has granted a license to market and sell its patented silver dihydrogen citrate (SDC)-based hard surface disinfectant in China, Hong Kong and Taiwan to privately held Swabplus Inc. "We are excited about the opportunity to introduce SDC into Asia as a more effective alternative to traditional poisonous disinfectants and a powerful weapon against dangerous pathogens…

ThursdayAug 09, 2007 7:11 pm

SEC Announces Settled Enforcement Action

The Securities and Exchange Commission (SEC) is certainly sticking to its promise on being tougher on offenders this year. This morning, the SEC announced that a settled enforcement action had been placed against MetLife subsidiary General American Life Insurance Company (GALIC) and former GALIC senior vice president William Thater for their roles in a late trading scheme back in 2002. According to the announcement, Thater entered into a written agreement that gave a New York family - no name was mentioned in the article - exclusive late trading privileges in mutual funds supporting the private placement life insurance policies this…

ThursdayAug 09, 2007 7:10 pm

Gigabeam Continues Global Expansion

Gigabeam Corporation (NASDAQ: GCBM) continues to expand globally, this time making a move to penetrate the Caribbean Market to service its primary bank network. The company’s stock price rose significantly this morning after investors had time to react to the news. During morning trading the stock price soared to its current price of $5.88, which is up 83 cents from its opening price. "We are very pleased to announce this milestone order from a large bank that is known for offering a high standard of banking services," Louis Slaughter, Chairman and Chief Executive Officer of GigaBeam, said in a statement.…

ThursdayAug 09, 2007 7:08 pm

Early Movers with Big News

Each morning, the exchanges come alive - and finding a company with news to back its movement allows MN1 to bring you updates each morning and afternoon to keep you on top of the small and micro-cap markets. The following companies released some sort of news late yesterday evening or early this morning: Biomedical technology company Biophan (OTCBB: BIPH) announced this morning it has entered into an acquisition agreement with Medtronic Inc. (NYSE: MDT) for $11 million. Per the agreement, Medtronic will acquire Biophan's MRI safety patents, such as pace makers; the deal is expected to close in the next…

Site Search

Company Search