Blog - Page 4945 of 5653

ThursdayJan 17, 2008 5:15 am

Argentex Mining Corporation (AGXM.OB) Deploys Second Drill at Pinguino to Accelerate Its Largest-Ever Exploration Program

Argentex Mining Corporation (AGXM.OB) announced that the company has begun utilizing a second drill ring at their polymetallic Pinguino property, located in Santa Cruz, Argentina. This rig, under contract from Major Drilling, is capable of drilling larger size cores then evident today. Ken Hicks, President of Argentex, stated "We have made excellent progress with our first drill, completing approximately 2,200 meters (7,217 feet) in 18 holes to date. The versatility of our second drill rig should help accelerate the penetration from surface down to the mineralized zones. We plan to use its RC capabilities in the upper portions of the…

ThursdayJan 17, 2008 5:13 am

First Bank of Delaware (FBOD.OB) Reports Increase in Fourth Quarter and 2007 Annual Earnings

First Bank of Delaware (FBOD.OB) reported fourth quarter 2007 earnings of $2,728,000 or $0.24 per diluted share, compared to $926,000 or $0.08 per diluted share for the prior year. Furthermore, earnings for the year ended December 31, 2007 totaled $8,184,000 or $0.71 per diluted share; compared to $3,434,000 or $0.36 per share, this represents a significant increase. First Bank of Delaware is a full-service, state-chartered commercial bank, whose deposits are insured by the Federal Deposit Insurance Corporation. Currently, the Bank is in discussions with the FDIC regarding concerns raised by the FDIC in connection with certain credit card and lending…

ThursdayJan 17, 2008 5:11 am

Neogen Corporation (NEOG) Reports 34% Increase in Net Income, 23% Increase in Revenues

Neogen Corporation (NEOG), headquartered in Lansing, Michigan, develops and markets products dedicated to food and animal safety. The company's Food Safety Division markets dehydrated culture media, and diagnostic test kits to detect foodborne bacteria, natural toxins, genetic modifications, food allergens, drug residues, plant diseases and sanitation concerns. Neogen's Animal Safety Division markets a complete line of diagnostics, veterinary instruments, veterinary pharmaceuticals, nutritional supplements, disinfectants, and rodenticides. In the first week of January, Neogen announced its net income for the second quarter FY 2008 increased by 34% from the previous year’s second quarter. Net income in the quarter rose to $0.22…

ThursdayJan 17, 2008 5:08 am

NIC, Inc. (EGOV) Announces Third Quarter Earnings and Same-State Portal Revenue

NIC, Inc. (EGOV) is a provider of outsourced eGovernment portals. NIC designs, manages, and markets eGovernment services on behalf of state and local governments. The company headquartered in Olathe, Kansas, partners with government leaders and establishes local offices to provide customized solutions and, with the use of technology, increase efficiency and reduce costs for governments and their constituents. In November 2007, the company announced for the third quarter a net income of $3.8M and earnings per share of six cents on total revenues of $21.6M. Operating income was $4.4M, up 23% from third quarter 2006. Third quarter results include a…

ThursdayJan 17, 2008 5:05 am

Universal Detection Technology (UDTT.OB) Receives New Purchase Order

Universal Detection Technology (UDTT.OB), a developer of early-warning monitoring technologies to protect people from bioterrorism and other infectious health threats, announced that the company has received a purchase order for their five-agent bioterrorism detection kits from Emergency 911. Emergency 911 is the purchaser for Washington, D.C's Fire and Emergency Medical Services. These kits are capable of spot detection of anthrax, ricin toxin, botulinum toxin, plague, and SEBs. Specifically, the District of Columbia Fire and Emergency Medical Services Department is an all-hazards agency providing emergency medical care and transportation, fire prevention, fire suppression, hazardous material response, and technical rescue services to…

ThursdayJan 17, 2008 5:04 am

Atari, Inc (ATAR) Announces the Next Generation Chapter for Dragon Ball Z(R) Video Game Series

Atari, Inc (ATAR), a leading video game publisher and distributor, announced that the company is now developing the Dragon Ball Z: Burst Limit video game for the Xbox 360 and PLAYSTATION 3 gaming consoles. Dragon Ball Z will utilize next generation graphics, online gameplay, and lightening fast action to increase player interactivity. Specifically, Dragon Ball Z will be packaged with fierce online battles and radical 3D graphic effects - only possible on Xbox 360 and PLAYSTATION 3 systems. Furthermore, Dragon Ball Z will be jam-packed with graphically enhanced playable characters and realistic battle stages – bringing this series to a…

ThursdayJan 17, 2008 5:03 am

Satellite Security Corporation (SLTS.OB) Upgrades Its Business through an Acquisition and Gets a New Name As Well

A Global Positioning System (GPS) has a narrower business position than digital marketing. Therefore, a change of name and a new Chief Executive Officer (CEO) seem to be in order in the case of this OTCBB listed company. The recent acquisition of Advanced Interactive Mobile Marketing System (AIMMS) of South Korea, also makes sound stock investment sense, considering the technological and market share track records of the company. The change of name of the new entity to MOBICOM is cosmetic, but perhaps there are some intangible values in the label. There are two key global developments which the top management…

ThursdayJan 17, 2008 5:01 am

Universal Detection Technology (UDTT.OB) Management Ready for Serious Stock Trading

Bioterrorism is the most important, but not the only reason for the need to detect pathogenic spores in the air. Bacteria can also invade pharmaceutical plants, health care institutions, and food preparation zones, endangering wellness as well as life. The rapid spore detection device of this company, the stock of which is on the OTCBB exchange, therefore has many applications beyond homeland security and military installations. Investors should look for management moves with respect to this stock, which will leverage its strengths more fully than appears to be the case at this time. The infamy of Anthrax is entirely justified,…

ThursdayJan 17, 2008 4:54 am

Material Technologies Inc. (MTTG.OB) Provides Solution for Metal Fatigue Responsible for Minneapolis Bridge Collapse by Offering the Technology to Detect, Measure and Monitor Overlooked Problems

In light of the recent event of the Minneapolis Bridge collapse, the need for preemptive technologies has never been greater. As there are hundreds of thousands of Bridges across the US it’s easy to see how big the problem could be. The companies patented technologies can be used to identify problem areas and areas needing repair. Current methods of inspection are said to miss 90% of cracks and signs of fatigue. This is far too high of a failure rate when lives are at stake. With Matech’s state of the art technologies it is possible that the Minneapolis bridge tragedy…

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.…

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