Blog - Page 5041 of 5486

TuesdayAug 07, 2007 7:34 pm

Top Closers with Big News

Public companies love to release positive news and watch the reflection in their stock prices. The following companies released positive news of some kind today or late yesterday and then watched as their stock prices closed very strong. Shares of Metropolitan Health Networks (AMEX: MDF) closed up 16 cents, about 10 percent, to $1.85 this afternoon, moving on word of the company's second-quarter financials. Today the company reported its revenue increased 23 percent to $70 million, also reporting that its net income for the quarter rose to $1.5 million as compared to $404,000 the same quarter last year. The Florida-based…

TuesdayAug 07, 2007 7:33 pm

Americas Wind up 16.3 Percent

Americas Wind Energy Corporation announced several new wind turbine orders today, pushing shares up 16.3 percent late in the afternoon to 63 cents a share. According to a statement from the company, the sale was originally passed earlier in July, when Iowa-based Waverly Light and Power approached Americas Wind about purchasing a pair of wind turbines. In response, Americas Wind sold the alternative energy company two of its AWE54-900 kW wind turbines for $3.4 million. "We searched to find extremely durable units featuring direct drive technology new to this country," Glenn Cannon, the general manager of Waverly Light and Power,…

TuesdayAug 07, 2007 7:32 pm

Telanetix Experiences Outstanding Growth In Revenue

Preliminary announcements of earnings reports have driven Telanetix Inc. (OTCBB: TNXI) share prices up today. The leading technology company has increased its share price 20 cents, or 5 percent, to $3.97 on a volume of 45,110 as of 10:20 am CDT. These results are giving management a better sense of what is to come when the final report is released on August 14, 2007. The company predicted in the first quarter that revenues were expected to be between $1.7 and $2.1 million in the second quarter. The revenues for the six-month period ending June 30 are believed to be near…

TuesdayAug 07, 2007 7:31 pm

GFET to Use “Freakish” Sorghum for Ethanol Production

Share prices for the Gulf Ethanol Corporation (OTCBB: GFET) crept up a scant 4.2 percent today, nudged to $2.45 a share by the recent news of the company's upcoming appearance in Bio-Fuels Journal. According a statement released earlier this afternoon, Gulf Ethanol will soon be profiled in the Bio-Fuels Journal for their work on an enhanced ethanol production facility slated for construction along the Texas Gulf Coast. In a recent article about the facility - also showcased in Bio-Fuels Journal - the new facility will use a new type of sorghum created by Texas A&M University. These plants, described as…

TuesdayAug 07, 2007 7:29 pm

Fed Keeps Rates Unchanged For Ninth Straight Meeting

The Federal Reserve kept the overnight federal funds rate steady at 5.25 percent for the ninth straight meeting, and it said that inflation remained its main concern despite signs of slowing growth. The economy grew at annual rate of 3.4 percent in the second quarter of 2007 after a revised rate of 0.6 percent in the first three months of the year. The Fed believes that expansion will slow in the second half of the year and have set predictions of 2.25 percent to 2.5 percent for this time period. Although growth looks to slow down, inflation is following suit…

TuesdayAug 07, 2007 7:28 pm

Nighthawk up 13 percent

Investors of Nighthawk Systems Inc. (OTCBB: NIHK) had a pleasant wake-up call when share prices for the company leapt 13.86 percent to $3.78 a share on market open this morning. It looks like the sudden rise can be attributed to this morning's news that Nighthawk just received its largest order in the company's history. According to this morning's statement, Nighthawk recently received an order for a "large number" of the company's CEO700 remote disconnect devices (the statement did not release the exact number) from Washington-based energy company, Avista Corp. According to Nighthawk's Web site, its CEO700 product is "a completely…

TuesdayAug 07, 2007 7:26 pm

Free Antibiotics Thanks to Publix Super Markets

Everyone knows the prescription drug market is not only competitive, but is often highly scrutinized due to healthcare and insurance policies. Publix Super Markets is putting all of that to rest, offering free 14-day supplies of seven common antibiotics at its 684 pharmacies in Florida, Georgia, South Carolina, Alabama and Tennessee. This is an interesting reply to Wal-Mart, Costco, Walgreen's, and CVS's low-cost and discount programs on drugs in recent months. Publix is taking things a step further, however, by not only providing customers with free supplies of 14-day antibiotics, but by not limiting the number of prescriptions customers can…

TuesdayAug 07, 2007 7:25 pm

Global Axcess Announces Q2 Financial Results

On word of its financial results for the second quarter of 2007, shares of Global Axcess Corp. (OTCBB: GAXC) are up 2 cents, nearly 7 percent, to 32 cents in Tuesday morning trading. The automated teller machine (ATM) owner and operator reported revenue of $5.6 million from continuing operations for the period ended June 30, 2007, up 2.1 percent from revenue of $5.5 million the same quarter last year. "Our company posted solid performance in the second quarter of 2007. In the quarter, we leveraged our cost improvements and good per ATM transaction growth into excellent profit improvement. We are…

TuesdayAug 07, 2007 7:24 pm

Shotpak More Visible in Marketplace

Party innovator Shotpak Inc. (Pinksheets: SHTP) is still moving merrily along its business plan, doing everything it can to increase the marketability of its revolutionary prepackaged alcoholic beverage product, the aptly named Shotpak. "As of right now ... we are exceeding our goals at this time, growing this business," Shotpak CEO Ignes Hattingh said in a recent interview with MN1. "I believe our stock will reflect our achievement of these goals." According to Hattingh, Shotpak is currently in negotiations with a "very large distributor" located in the United States, although the company couldn't release the name of the distributor. The…

TuesdayAug 07, 2007 7:23 pm

Early Movers with Big News

Each morning, the exchanges come alive - and 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. The following companies released some sort of news late yesterday evening or early this morning: Nighthawk Systems (OTCBB: NIHK) shares are up 1 cent, nearly 7 percent, to 11 cents this morning, moving on volume of 2.8 million. The leading provider of wireless power management and emergency notification solutions announced it has received an order for CEO700. The purchase order marks the…

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