Blog - Page 4971 of 5707

MondayJan 28, 2008 5:01 pm

Robbins & Myers, Inc. (RBN) Announces 2-for-1 Stock Split and Cash Dividend

Robbins and Myers, Inc. (RBN) announced that its Board of Directors declared a 2-for-1 stock split of the company’s common shares, to be effected in the form of a share dividend. Shareholders will receive one additional share for each common share of Robbins & Myers, Inc. owned as of the close of business on the record date of February 4, 2008. The additional shares will be issued on February 28, 2008. As a result of the stock split, the number of common shares issued and outstanding will increase from approximately 17.2M shares to approximately 34.4M shares. The Board of Directors…

MondayJan 28, 2008 2:36 pm

January 28th CEOcast Weekly Newsletter

In a volatile week caused by markets plunging around the globe, the major averages were spared a large drop by the largest cut in the federal funds rate in more than twenty years. The Dow finished the week up 108 points, reducing its year to date loss to 8%. Nasdaq, the only average to drop during the week, lost 14 points as it continued its slide, bringing its year to date loss to 12.3%. The S&P 500 rose a modest 5 points, keeping its year to date loss at 9.4%. The Russell 2000 rose 15 points for the week, mollifying…

MondayJan 28, 2008 1:20 pm

Material Technologies, Inc. (MTTG.OB) Bridge Market

Materials Technologies, Inc. (MATECH) will market its EPS product, a nondestructive crack inspection technology, to the federal government, state-level department of transportation agencies, 42 bridge authorities, military agencies, railroad companies and other privately owned transportation and construction based firms. The U.S. Congress has publicly acknowledged the problem of the nation’s aging surface transportation system, and has passed legislation for rehabilitation including the Intermodal Surface Transportation and Efficiency Act (ISTEA) and the Transportation Equity Act (TEA-21). Replacing and retrofitting bridges is extremely costly; thus, states are required to have an effective bridge management system in place in order to receive funding…

MondayJan 28, 2008 1:17 pm

Material Technologies, Inc. (MTTG.OB) Operational Considerations

The Electrochemical Fatigue Sensor (EFS), Material Technologies’ (MATECH) proprietary nondestructive crack inspection technology, is designed to detect cracks in structures under live loads such as highway bridges. The EFS sensor increases the safety of metal infrastructures and the efficiency of bridge management by providing more timely fatigue crack detection. This product does not require a skilled operator and can detect cracks as small as 0.01 inches in steel, aluminum, titanium alloys, and other metals. Several organizations have conducted beta tests with MATECH’s EPS technology on actual bridges and have confirmed that the device accurately detects growing cracks in bridge steels.…

MondayJan 28, 2008 12:26 pm

Famous Uncle Al's Hot Dogs & Grille, Inc. (FDOG.OB) is Committed to Increasing the Value of Its Franchise through Strategic Expansion Programs

Famous Uncle Al's Hot Dogs & Grille, Inc. owns the exclusive worldwide rights to franchise Famous Uncle Al's Hot Dogs & Grille restaurants. The original Famous Uncle Al's restaurant was opened in 1985 and then expanded throughout the Virginia Beach area. Today Famous Uncle Al's Hot Dogs & Grille restaurants are available for franchise in most of the U.S. The company has franchised restaurants operating in Virginia, Florida, Connecticut and Nevada and plans to expand in other areas. Al, the founder of the restaurant grew up in Brooklyn where good food is a tradition and eating hot dogs is a…

MondayJan 28, 2008 12:20 pm

OTCPicks Featured Company: FLO Corporation (FLRP.OB) to Participate in Hilton HHonors® Program

FLO Corporation announced that they have come to an agreement with Hilton HHonors® Worldwide that will offer Hilton HHonors members the ability to redeem HHonors points for an annual membership to FLO. FLO Corporation is a leading Registered Traveler (RT) services provider. The new participation agreement will be available to customers and clients beginning February 15, 2008. This will be the first time that FLO Corporation has participated in a national hotel customer loyalty program redemption agreement. FLO provides a U.S. Transportation Security Administration and approved RT solution that runs on the platform developed during the TSA's pilot programs. Members…

MondayJan 28, 2008 12:07 pm

Wall Street Grand Report Featured Company: Spirit Exploration, Inc. (SPXP.PK)

Spirit Exploration, Inc. (SPXP.PK), headquartered in Victoria, B.C. operates in mineral-rich Southern Ecuador through its (99 percent owned) subsidiary, Ecuardorgold Corp., S.A. Spirit Exploration, focused on the discovery and initial extraction of gold, silver and copper, is currently vested in the Muluncay Project, Machala, S. Ecuador, where low labor and fuel costs, and gold deposits meeting or exceeding 10 grams per ton, make extraction lucrative. Spirit also has several additional mining opportunities in Ecuador. In order to expand both its mining and processing capacity, Spirit proposes to offer 300,000,000 shares; there are currently 48,025,000 shares outstanding. The shares are intended…

MondayJan 28, 2008 11:01 am

China Voice Holding Corp. (CHVC.PK) Announces $40 Million Exclusive Distribution Contract

China Voice Holding’s wholly owned subsidiary StarCom Alliance, Inc entered into an exclusive distribution agreement with Power Prepaid Phone Card Distribution based out of Fullerton, California. They are a Master Distributer of prepaid cellular cards and products that enable customers to make calls worldwide in a cost efficient manner. CEO of China Voice Holding Corp. said, “Having completed extensive negotiations with Power Distribution, we are very pleased to have executed this Agreement. Power Distribution is a well-known and respected Company focused solely on prepaid cellular products and is currently purchasing in excess of $25 Million of product annually. We anticipate…

MondayJan 28, 2008 10:58 am

Penny Stocks Finder Featured Company: Revenge Designs Inc. (RVGD.PK) is Ready to Roll

When an economy begins to show signs of change, consumer spending habits show signs of change. One might think this tendency would affect how people “trick out” their cars. But does it? Revenge Designs Inc., a specialty car designer and production assembler, works to enhance production cars while modestly improving vehicles that might be called classic “muscle”/performance cars. In its current form, the profit potential for the high performance portion of the business may be a bit limited, owing to the general nature of the performance car segment as constituted by the company. The potential for the production car enhancement…

MondayJan 28, 2008 10:52 am

Diagnos Inc. (ADK.V) Successfully Mines for Profitable Information

As the world becomes even more interconnected, data (in its many forms) becomes the key to success and profit. Managing and finding the "right" data is the key. Diagnos Inc., a Canadian data mining and artificial intelligence software extraction company, offers software and a knowledgeable workforce to locate and make use of information located within vast amounts of data. As data sources and amounts of information within data gathering systems become vaster, finding and making use of relevant data points becomes more difficult. Diagnos Inc. works to develop sophisticated software that sorts through data for information that can be used…

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