Blog - Page 4962 of 5707

WednesdayJan 30, 2008 6:48 pm

Countrywide Reports One-Third Delinquent

In its earnings report released for the fourth quarter Countrywide Financial (NYSE: CFC), the nation’s leading mortgage lender, revealed along with a $422 million loss that fully one-third of its subprime mortgage loans are delinquent. The loss is 79 cents a share, compared with the year-earlier quarter which saw a profit of $1.01 a share, or net income of $622 million. The delinquency rate of 33% is a further erosion from last quarter’s 29.6% delinquency rate. The continuing credit crisis for Countrywide is also evident in that these delinquencies had not yet been written off, so there is the feeling…

WednesdayJan 30, 2008 6:45 pm

No Tailwind for Airlines

With the possibility of congressional opposition to airline mergers, and the carriers continuing to face rising costs, the prospects for relief in the industry are unclear. James Oberstar, D-Minnesota, Chairman of the Transportation and Infrastructure Committee, said in a CNN Money report of the possible mergers, “Hell, no.” He will carry his aggressive anti-merger fight to the Justice and Transportation Depts., pressuring them to deny approval of proposed airline mergers. Delta (NYSE: DAL) is in early talks with United (NASDAQ: UAUA) and Northwest (NYSE: NWA). If a merger takes place there, speculation is that Continental (NYSE: CAL) will need to…

WednesdayJan 30, 2008 6:41 pm

Shan Xi Lv Bao Environmental Eco Industry Management Co., Ltd. (EVEH.OB) Positioned to Maximize Chinese Greening

Shan Xi Lv Bao Environmental Eco Industry Management Co., Ltd., a wholly owned subsidiary of Environment Ecology Holding Company of China (EVEH), has the technological expertise to take advantage of China's mandated "greenland" policy (which says that by 2010 a forest-based vegetative cover rate of 70 percent must be achieved in Chinese cities, with vegetation equivalent to approximately 33 square feet per person). This policy, known as the Urban Residential Community Plan and Design Criteria, anticipates the forestation, or greening, of roughly 4 million square feet per year. EVEH, with 14 years experience in developing scientific and engineering technology in…

WednesdayJan 30, 2008 6:37 pm

Alpine TLI Group, Inc. (APGR.PK) Aligned to Obtain $20 Million-Plus in Arizona Liens

On Jan. 30, Alpine TLI Group, Inc. announced its participation in the Maricopa, Arizona tax sale, a group of properties whose location and valuation exhibit the potential to accrue more than $20 million in investment opportunity. Alpine, a full-service property management company vested in tax lien and tax deed purchases based on intensive market research which identifies prime real estate areas, typically acquires tax lien property for between 1 and 20 percent of the property's value. When redeemed by the owner(s), these properties show an APR return of between 4 and 25 percent. When not redeemed, Alpine holds deed to…

WednesdayJan 30, 2008 6:30 pm

Ultralife Batteries, Inc. (ULBI) Awarded Exclusive UK Contract; Enters Into Agreement with Mississippi State University

Ultralife Batteries (ULBI) headquartered in Newark, New Jersey, offers products and services ranging from portable and standby power solutions to communications and electronics systems. Through its engineering and collaborative approach to problem solving, Ultralife serves government, defense and commercial customers across the globe. Recently the company was awarded an exclusive contract from a UK defense prime contractor valued at approximately $7M to provide lithium ion rechargeable batteries and chargers to the British military. Ultralife also entered into a technology partnership with Mississippi State University to develop fuel cell-battery portable power systems enabling lightweight, long endurance military missions. The development of…

WednesdayJan 30, 2008 6:26 pm

Capstone Turbine Corporation (CPST) Announces Launch of Ultra Low Emissions Product to Operate on Digester and Landfill Gas

Capstone Turbine Corporation (CPST) announced that it released configurations of the C65 kilowatt microturbine which meets the extremely low global emission requirements including California’s stringent waste gas emissions standard. A study performed by the U.S. Environmental Protection Agency (EPA) Landfill Methane Outreach Program (LMOP) has identified over 570 candidate sites in the U.S. along with potential capacity for 1,370MW and approximately 16M metric tons of carbon equivalent (MMTCE) potential emissions reductions. Landfills, in addition to digesters and coal bed methane, are key market verticals for the company’s C65 Landfill and Digester resource recover products. Certification to the new waste fuel…

WednesdayJan 30, 2008 12:53 pm

Pressure BioSciences, Inc.’s (PBIO) Technology Trumps Standard Bone DNA Extraction Methods

Using its new, patented technique called Pressure Cycling Technology (PCT), Pressure BioSciences, Inc. (NASDAQ: PBIO) provides a safer, easier and more efficient method for DNA extraction from bone fragments than alternative methods. Usual methods for the extraction of DNA require pulverization because of the hardness of the bone. It is a time-consuming, open process that carries with it the risk of cross-contamination because the equipment is re-used for each procedure. Additionally, some methods use harsh chemicals, chaotropic agents and silica beads for decalcification. Pressure BioSciences’ technology eliminates the need for pulverization and harsh chemicals normally required, strengthening its appeal in…

WednesdayJan 30, 2008 12:51 pm

Alliance Recovery Corp. (ARVY.OB) Turns Trash into Treasure

As prices at the pump continue their rampant ascent, alternative energy gains popularity and support as well. Alliance Recovery Corp. (OTCBB: ARVY) focuses its efforts on developing a clean alternative energy using non-renewable resources. In one step, the company has developed a way to turn rubber waste into energy without releasing harmful emissions into the environment. Every year, millions of pounds of rubber waste are produced, used, and left for disposal by individual municipalities. In most states, disposing of rubber waste into landfills is illegal, creating an even bigger problem and environmental concern. Alliance Recovery’s proprietary, thermal process converts rubber…

WednesdayJan 30, 2008 12:46 pm

HearAtLast Holdings, Inc. (HRAL.PK) is "One to Watch"

HearAtLast Holdings, Inc. is focused on owning and operating a chain of hearing stores committed to the sale of digital hearing aids and testing services. The company develops, owns, and operates hearing aid clinics co-located inside certain Canadian Wal-Mart stores. HearAtLast sells an array of high-quality, brand-name hearing aids and also provides complimentary screening tests, clinical hearing tests, instant custom MP3 headphones as well as custom hearing protection. The Company’s aim is to consolidate the greatly fragmented hearing services industry while simultaneously providing unmatched service to the 30+ million hearing impaired individuals throughout North America. The Company is led by…

WednesdayJan 30, 2008 12:24 pm

Material Technologies, Inc. (MTTG.OB) Share Price Escalates 20.19% During Wednesday’s Trading Hours

Today MTTG continued yesterday’s 15.5% gain by increasing an additional 20.19% today. Since we initiated coverage on the 14th of this month, the stock has went from $0.41 to a high of $1.01. Volume has also increased significantly as the 10-day average is now 1.18 million shares compared to the previous 44,000. In recent news the company announced that its Chief Engineer will be meeting with several companies to discuss potential business opportunities in China. The CEO, Robert M. Bernstein, stated, “China is expected to be a huge target market for the EFS system in the coming years. The number…

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