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MondayJan 28, 2008 6:43 pm

SPACEHAB Incorporated (SPAB) Announces Formation of Council on Science and Microgravity

SPACEHAB Incorporated (SPAB), a provider of commercial space services, announced the formation of a new Science Advisory Council. This Advisory Council will consist of an elite team of scientists, physicians, and microgravity specialists who provide strategic guidance and technical insight as the Company advances its identified microgravity processing initiatives. Jim Royston, SPACEHAB's president, stated, "SPACEHAB is facing both extraordinary opportunities and challenges as we blaze a trail in a brand new industry - private utilization of the International Space Station". Royston continued, "The Company recently announced that it was entering discussions with NASA regarding development and cooperation for usage of…

MondayJan 28, 2008 6:40 pm

IEC Electronics Corp (IECE.OB) Announces Strong First Quarter Results for Fiscal 2008

IEC Electronics Corp (IECE.OB) announced their results for the first quarter of fiscal 2008, ending December 28, 2007. IEC reported revenue of $11.2 million for the quarter and net profit of $420,000 or $0.05 per share. This compares to revenue of $9.2 million and net loss of ($576,000) or ($0.07) per share for the quarter ended December 29, 2006. Furthermore, during Q1 of fiscal 2007, the first quarter results were negatively impacted by a $389,000 write-off attributable to the insolvency of Mangrove Systems Inc., which was subsequently acquired by Carrier Access Corporation (CACS) during Q2 of fiscal 2007. Pro forma…

MondayJan 28, 2008 6:39 pm

Victory Energy Corporation (VYEY.OB) Updates Shareholders on Drilling Progress

Victory Energy Corporation (VYEY.OB) announced that the company will begin drilling on their first shallow gas well later today. This well is located in the Adams Ranch section of the Adams-Baggett Canyon Sandstone gas field in Crockett County, Texas. The "Canyon Sandstone" gas zone located on this ranch is part of the large prolific Adams-Baggett Canyon Sandstone gas field. The Canyon Sandstone formation is found at a depth of 4,300 feet to 4,900 feet. Initial production for these wells is approximately 250,000 cubic feet of gas per day per well. The success rate for commercially producing gas wells in this…

MondayJan 28, 2008 5:43 pm

OTCPicks Featured Company: Winning Brands Corporation (WNBD.PK) Received U.S. Distributor Purchase Orders for Three Key Products

Winning Brands Corporation (OTC:WNBD) reported that it has received the U.S. distributor purchase orders for all three of its key 2008 roll-out product groups: CLEAN1™ Outdoor Cleaner, KIND™ Laundry Products and Winning Colors® Stain Remover. The orders came at the end of the 2008 Val-Test Annual Buying Show in Naples, Florida. The company was not expected to have CLEAN1™ Outdoor Cleaner involved in the orders, but it was decided at the last moment to introduce the new eco-oriented outdoor/indoor cleaner. This allowed for the industry watchers to get a first look impression of the product. Pearson Distribution, based in Minneapolis,…

MondayJan 28, 2008 5:33 pm

Online Photofinisher MyPhotopipe.com (MPPC.PK) Provides Services for Professionals and the Serious Amateur

The days of taking a roll of film to the drug store has been replaced by online photo processing. Many online retailers like Wal-Mart (NYSE:WMT) and Walgreen’s (NYSE:WAG) allow consumers to upload their digital prints and pick it up at a local location in about an hour. This new way of processing digital prints is easy, convenient and has driven up the volume of prints ordered online over the past year. As for those who consider themselves serious amateurs and professional photographers there are many online services to choose from, one of which includes myPhotopipe.com. MyPhotopipe.com, Inc. is a web-based…

MondayJan 28, 2008 5:29 pm

ABX Air (ABXA) and All Nippon Airways Extend ACMI Agreement

ABX Holdings, Inc. (ABXA) announced that its subsidiaries, ABX Air, Inc. and All Nippon Airways Co., have signed a new ACMI Agreement that extends their landmark relationship through mid-January 2010. Under the new agreement, ABX Air will continue to support All Nippon Airways’ cargo operations throughout the Asian market, including Japan, China and Thailand, via two ABX Air 767-200 aircraft and ABX Air flight crews and maintenance personnel. The new agreement contains terms that better reflect the evolving relationship between All Nippon and ABX Air, while anticipating the potential for growth in that relationship as All Nippon expands. Joe Hete,…

MondayJan 28, 2008 5:27 pm

Earnings and Other Matters

With a heavy calendar for economic news slated for this week, along with a new batch of earnings reports, the markets may re-test the near-term bottoms they put in last week. The economic calendar led off with the new home sales figures today, bad news which continued for the battered housing industry. The numbers showed the biggest drop in new home sales yet. Tomorrow, durable goods orders and the one week same store sales figures will give a one-two punch as far as how both businesses and consumers are reacting to the economic roiling of the last couple weeks. The…

MondayJan 28, 2008 5:27 pm

Peru-based Stratos Renewables Corp. (SRNW.OB) to Benefit from Conclusion of Free-Trade Agreement

David Emerson, minister of International Trade, noted two important milestones that include concluding trade negotiations with Peru as well as a signed free trade agreement with four countries of the European Free Trade Association, which may help breathe life into Canada’s political and economic relationships in the Americas. “Peru has emerged as one of the most dynamic economies in the Americas, supported by an aggressive commerce agenda and clear stance in favor of trade liberalization,” Minister Emerson said in a statement. In 2006, two-way merchandise trade between Canada and Peru was $2.4 billion. Canada is one of Peru’s largest foreign…

MondayJan 28, 2008 5:25 pm

Denny's Corp (DENN) Takes Aim at Fast Food Restaurants in Its Launch of Scrappy Real Breakfast Leadership Strategy

Denny's Corp. (DENN), America's beloved brand that's been serving up breakfast for more than 50 years, announced that the company is to begin challenging fast restaurants for the first time. Specifically, Denny's utilized creative muscle of their agency of record to help accomplish this goal. Both brands immersed themselves in the development of an aggressive integrated communications campaign entitled "Don't Fall for Fake." From national broadcast, diverse digital, PR, in-store merchandise, and guerrilla marketing efforts, the scrappy campaign targets men and women 25-40 and reinforces the overwhelming appeal of real, as consumers are faced with real versus fake. Denny's will…

MondayJan 28, 2008 5:23 pm

NewMarket Technology, Inc (NMKT.OB) Announces Anticipated Increased Revenues

NewMarket Technology, Inc (NMKT.OB) announced that the company will be adding Mobile Computing Solution products to their current product portfolio. Specifically, these products will consist of mobile software, mobile security and mobile access products. NewMarket anticipates an additional $20 million in sales during the year 2008 resulting from their new Mobile Computing Solution offering, pushing total revenue past the $100 million mark. The Mobile Computing Industry includes mobile application and security software used on devices such as handheld computers, PDAs, smartphones and cell phones. The demand for mobile software applications is being driven by the growing penetration of mobile phone…

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