Blog - Page 5052 of 5485

WednesdayAug 01, 2007 6:59 pm

UGHO Closes American Offices, Halves Stocks

Share prices for Universal Guardian Holdings Inc. (OTCBB: UGHO) plummeted like a stone this morning, dropping 60 percent after the company released its 8-K form, surprising investors and employees alike with the information inside. The drop stems from the announcement that Universal Holdings has decided to close its U.S.-based operations "in order to focus on growth and profitability within the Services Group." Please share your thoughts: MN1 Message Board"The Services Group has been and continues to be the principal source of the company's revenues," the form read. "The suspension of operations eliminates significant overhead costs, thereby allowing the company to…

WednesdayAug 01, 2007 6:51 pm

CBS Realizes Changing Times After Recent Quarterly Declines

More and more companies throughout the world are shifting the way they traditionally do business in order to become more digital and Internet based. Advertising and marketing have become easier through the Internet as businesses can now reach millions of people daily. Yesterday CBS Corp. (NYSE: CBS), the media group that runs the most popular U.S. TV network, reported a sharp decline in its quarterly net earnings from a year ago. Second quarter net earnings of $404 million were down dramatically compared to last year's second quarter earnings of $781.7 million, which is down 48 percent. Although profits from continuing…

WednesdayAug 01, 2007 6:50 pm

IOMI Puts Patch on Traveler’s Woes

IOMI Puts Patch on Traveler's Woes « H E » MN1 Exclusive :: email posted Wednesday, 1 August 2007 Andrew Weinman MN1 Staff WriterNot every morning on the market starts with the top movers or the top earners. Sometimes it starts at the bottom. Take one of this morning's quickest movers on the Nasdaq. The Iomai Corporation (NASDAQ: IOMI) announced today that its patch-based vaccine for enterotoxigenic E. coli bacteria "conferred statistically significant protection" from traveler's diarrhea, sending Iomai share prices up 10 percent after market open. Despite the somewhat humorous nature of the disease behind Iomai's latest news, ETEC…

WednesdayAug 01, 2007 6:46 pm

Novavax Begins Test on New Vaccine Technology

Share prices for biotech vaccine developer Novavax Inc. (NASDAQ: NVAX) climbed a respectable 8 percent over the course of the day yesterday, thanks to the news that the company has started the first human clinical trial of its vaccine for the pandemic flu virus. According to the latest statement from the company, Novavax has begun vaccinating 230 healthy human volunteers for the trial of its Virus-Like Particle (VLP)-based H5N1 clade 2 pandemic influenza vaccine to determine both the safety and immunogenicity - that is, the ability of any particular substance in a biological system to provoke an immune response -…

WednesdayAug 01, 2007 3:57 pm

Aladdin Beverage (ADTJ.PK) Shares Rise 50% as Investors React to the Company’s Latest News

Earlier this week, Aladdin Beverage announced that it had been selected to exclusively import Kross Beer, Chile's fastest-growing premium beer. Today shares rose to 9 cents for a 50% increase from Tuesday’s lows. The company built its reputation by importing unique beers and brews to America, capitalizing on increasing interest for specialty beers in the U.S. Aladdin also imports the Argentinean-based Antares label, the Devassa brand of beers from Brazil, and the Macau brand of beer from Macau, China. Ted O'Connor, President of Aladdin Beverage, expressed his excitement by stating in the press release, “We are so pleased to be able…

WednesdayAug 01, 2007 1:36 pm

Morning News Wednesday August 1st 2007

General News: Labor data points · Challenger layoffs were 42,897 in July vs. 37,718 a year ago. · July hiring intentions were 200,067. Government accounted for 193,329 of the increase. · July Hudson employment index was 105.8 vs. 101.2. This is strong. · ADP shows 48,000 jobs. 100K was expected. Breakdown: o Small business up 44,000 o Medium business up 17,000 o Large business down 13,000 o Goods sector down 41,000 o Service jobs up 89,000 o Manufacturing down 23,000 Asia/Europe: Asia: - Asian stocks slumped, extending a global equities rout, after Macquarie Bank Ltd. and Bear Stearns…

WednesdayAug 01, 2007 12:22 pm

Guilty Until Proven Innocent

"I think the media has done the country a disservice. They were given a certain autonomy by our forefathers to be the watchdogs of the system. Now they're running the system. We have this trial by media now - you're guilty then they're going to give you a fair trial." Those were the words of O.J. Simpson in an interview with Market News First (www.mn1.com) Tuesday, July 31, 2007, in which he relived the emotions he felt, and still feels, throughout his trial for the murders of Nicole Brown Simpson and Ron Goldman. Fighting the anger toward the premature label…

WednesdayAug 01, 2007 10:58 am

QualityStocks Highlights Top Message Board Members for the Month of July

Every month we will highlight a member who finds the biggest gaining stock in the large-cap stock market, and a member who finds the biggest gaining stock in the penny stock market. JonnyK won the large-Cap contest after he alerted the community about Northwest Biotherapeutics (NWBO). His stock made 26.1% gains in one day. JJ won the Penny Stock contest after he announced Ise Blu Equity (ISBL.PK) on the 13th of July. By the end of the month, ISBL made 500% gains. We welcome new members to our friendly message board and have made registration as easy as possible. All…

WednesdayAug 01, 2007 9:34 am

ShotPak, Inc. (SHTP.PK) Expands Distribution Network to Include Connecticut

ShotPak announced today that it will begin rolling out their products throughout Connecticut and has already received orders that will be fulfilled in the next 30 days. The company will be introducing its new line of STR8UP through an extensive network of distributors that will provide complete coverage across the state. Ignus Hattingh, CEO and Founder of ShotPak Inc. stated, "We are very encouraged with the current opportunity in Connecticut and the initial marketing results from our distributors. We believe once the product is in the consumers' hands we will quickly become a household name." Please share your thoughts: ShotPak,…

WednesdayAug 01, 2007 8:59 am

StockGuru Stocks to Watch for Thursday, August 2, 2007 Featuring IDGLOBAL, EastBridge Investment Group, Lantis Laser, and China Media Group

IDGLOBAL Corporation (OTC: IDGJ) IDGLOBAL Corporation (OTC: IDGJ) - Wednesday’s shares closed down 5.88% to $0.16. 49,800 shares were traded. IDGLOBAL announced on July 31st that the Company received its first order from a major North American utility company (”Utility”) for its IDFORENSIX(TM) Loss Prevention products. Due to the highly sensitive nature of this program, IDGLOBAL and the Utility are not at liberty to disclose the name of the company and/or specifics of the program at this time; this to ensure the integrity of the IDFORENSIX(TM) loss prevention program as it is implemented. Phil Viggiani, VP of Sales for IDGLOBAL,…

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