Blog - Page 4997 of 5436

FridayAug 03, 2007 4:10 pm

CACS Spikes on Rumors

Share prices for Carrier Access Corp. (NASDAQ: CACS) spiked this afternoon on the rumors that Tellabs Inc. (NASDAQ: TLAB) is close to buying out the communication access technology provider, rising 12.44 percent to $5.06 a share after two days of hovering around $4.60 a share. The buzz started after Phil Harvey and Raymond McConville first broke the story on Internet news site www.lightreading.com , saying that "sources close to both firms" had told the site that "the two firms have been in talks for a while." "The offer price, according to just one of our two sources, is ‘close to…

FridayAug 03, 2007 4:09 pm

OISI Slides Down Today after Releasing Q2 Results

Shares of Opthalmic Imaging Systems Inc. (OTCBB: OISI) slipped down today after releasing its financial results for the second quarter of 2007. In mid-day trading, OISI was down 21 cents (12 percent) to $1.50 per share on volume of just over 92,000 shares. For the six months ended June 30, 2007, OISI reported net revenues of $7.8 million compared with net revenues of $7.5 million for the same period last year. Net income for the six months ended June 30, 2007 was $1.1 million, or 6 cents per share, compared with net income of $1 million, or 6 cents per…

FridayAug 03, 2007 4:08 pm

AtheroGenics up on 2Q news

Share prices for AtheroGenics Inc. (NASDAQ: AGIX) rose 16 percent today to $1.30, thanks largely to the company's recent second quarter 2007 results.According to the latest company statement, AtheroGenics recorded revenue of $30.3 million for the second quarter of 2007, an amazing $24 million increase over the same period for 206. The figures for the six-month period ending June 30, 2007, were also impressive, as the company reported that their revenues increased from $10.4 million last year to $41.7 million this year. The company attributed both these increases to "the recognition of the remaining unamortized balance of an upfront license…

FridayAug 03, 2007 4:07 pm

Octillion Spins-Out Subsidiary to Utilize Resources For Development

Octillion Corp. (Pink Sheets: OCTL), which is behind the first-of-its-kind transparent glass window capable of generating electricity, announced today the spinout of its wholly-owned subsidiary, MicroChannel Technologies Corporation. “In order to concentrate our efforts in developing leading edge solar energy technologies, we've decided to spin out our MicroChannel subsidiary to shareholders,” said Mr. Harmel S. Rayat, Octillion's president and CEO, in a statement. “The spin-out will be completed immediately upon compliance with, and satisfaction of, applicable securities and regulatory requirements.” The spinout is expected to be completed August 22, 2007, when shares will be distributed to shareholders. Rayat added, “This…

FridayAug 03, 2007 4:06 pm

Mid-Day Movers with Big News

Each morning, the exchanges come alive - 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; news in the micro-cap market is generally slow as the week comes to an end - amid earnings reports and calls, a few companies' share prices are climbing the charts at a slow pace. China Bak Battery Inc. (Nasdaq: CBAK) shares are up 25 cents, about 7 percent, to $3.75 this morning, moving on volume 533,053. Today the company announced its third-quarter results…

FridayAug 03, 2007 4:05 pm

Icagen Edges up on Q2 News

Share prices for Icagen Inc. (NASDAQ: ICGN) edged up 3.28 percent today to $1.89 a share, thanks largely to the company's recent second quarter financial results. According to a statement the company released earlier this morning, the company reported revenues of $3.4 million for the second quarter of 2007, an increase of $800,000, or 28 percent, which the company attributed to "increased recognition of license revenue." Operating expenses for the second quarter were $10.3 million, a $900,000 boost over the previous year's recorded expenses of $9.4 million. The company's revenue for the first six months were also up, up to…

FridayAug 03, 2007 4:03 pm

Busy Weeks for Moller International

It's been a busy couple of weeks for flying car fanatics Moller International (OTCBB: MLER). Not only did the company announce that it had started producing its "Jetsons-like" M200G volantar flying saucer vehicle last week, but two days ago the company was chosen as a primary vendor in a Department of Defense (DoD) service contract. According to last week's press release, the M200G is a small airborne two-passenger flying vehicle that looks very similar to a flying saucer from the 50s. Eight of Moller's patented Rotapower rotary engines are packed into the vehicle - which is about the size of…

FridayAug 03, 2007 10:42 am

MN1.com Provides Link to Podcast Featuring Shotpak, Inc. (SHTP.PK) Interview

Ignus Hattingh, CEO of Shotpak, was interviewed by MN1's Rich Hancock in yesterday’s interview entitled, "Happy Hour". In the interview, Ignus Hattingh provided the investment community with an inside look into the company and its latest updates. When the CEO was asked about the progress of his business plans, he stated that the company is far exceeding its goals. He also stated that their recent appearance on NBC initiated discussions which led to the signing of three major U.S. deals and one international. The link to the podcast can be found here: http://files.mn1.com/mp3/SHTP_080207.mp3 Please share your thoughts: ShotPak, Inc. Message Board

FridayAug 03, 2007 10:03 am

Uranium Hunter Corp. (URHN.OB) is “One To Watch”

Uranium Hunter is a publicly traded company headquartered in Toronto, Canada. The company's main focus is to develop a portfolio of quality Uranium exploration properties in East Africa. The company is well positioned in East Africa with 100% interest in its Uranium-Au property located in Njombe & Songea districts. The CEO, Adam Cegielski, has experience in the development of exploration stage ventures indentifying minerals, gold and other resources. Today, the company announced that it has discovered a sandstone uranium deposit and is extremely excited about it since the discovery confirms the commercial potential of the entire region. The CEO stated,…

FridayAug 03, 2007 9:28 am

StockGuru Blog: China Wireless Communications – Immediate Need to KNOW

Tianjin to Become China’s First Wireless City and CWLC is THERE NOW CWLC - Stock GuruProfile - China Wireless Communications CWLC has some great customers … what you need to know right now is CWLC is in the broadband and wifi business and they are working in Tianjin. Tianjin is code for WiFi and Broadband. Tianjin has been designated by China’s government to become China’s first wireless city. The reforms taking place in Tianjin are natural for international wireless service providers and CWLC is there and this is new and its in the staging forms right now. I have listed…

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