FridayApr 20, 2007 11:33 am

Oakley (OO) Profit Triples, Spurring 10 Percent Increase in Trading

Shares of sunglasses and apparel manufacturer, Oakley Inc. (NYSE: OO) jumped nearly 12 percent by Friday afternoon to $25.09 after word the company tripled its 2007 first-quarter profit, reflecting a 31.3 percent climb in sales. Today the sporting accessory retailer announced its first-quarter net sales for the period ended March 31, 2007 were $199.2 million, up from $151.7 million in the same period last year. First quarter net income was $5.7 million, or 8 cents per diluted share, compared to last year’s first-quarter net income of $1.9 million, or 3 cents per diluted share. Oakley also raised its 2007 earnings…

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FridayApr 20, 2007 11:33 am

Nigeria Elections Jostle Oil Prices

Politics and oil prices go hand in hand these days, as the ongoing U.S. conflict with the Middle East has proved. Now, another country's politics have added to the creeping increase of oil prices - in this case, the presidential elections to be held in Nigeria this Saturday. This is the second stage in the Nigerian elections, although many hope the tone of the elections changes soon. Last week's state elections were tainted by reports of vote rigging, intimidation, fraud and violence. In fact, Nigerian newspaper The Guardian recently stated that "the election has brought Nigeria to the crossroads of…

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FridayApr 20, 2007 10:52 am

Nascent Food Service, Inc. (NCTW.OB) Markets to Three Key Customer Types

Nascent’s extensive product line and distribution system allows them to service 3 major customer types in the foodservice industry. First, they service Traditional customers such as restaurants, hotels, resorts, cafeterias, schools, bakeries, industrial caterers maquiadoras. Secondly, they sell and distribute their products to Chains. The last group is “Autoservicio” retail clients, which include 3 of Mexico’s largest supermarket chains, convenience stores (AMPM International), and mom and pop grocery stores. There is plenty of opportunity with the Mexican foodservice industry as it stands at a comfortable $46 billion; Nascent has plans to consolidate the Mexican foodservice distribution market by acquiring smaller…

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FridayApr 20, 2007 10:44 am

CanAm Uranium Corp. (CAUI.OB) Enjoying a Nice Rally on Friday, Up 10.87% at Mid-Day

CanAm Uranium Corp. (CAUI.OB) is bringing together renewed interest in the Uranium Sector, as ore prices have been rocketing, of late, and drilling is underway at the company's Bancroft properties.  Investors are definitely responding to the twin events. SmallCap Sentinel has been looking at CanAm; and sees a bullish signal here. The addition of two well-respected uranium management personnel to the CanAm Uranium Corp. (OTC BB:CAUI.OB - News) team is clearly a bullish sign for the company,'' stated SmallCap Sentinel analyst, D.R. Clark. ``Not only does the company now have access to their acumen and talents, it also indicates the confidence these experienced…

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FridayApr 20, 2007 9:39 am

CanAm Uranium Corp. (CAUI.OB) – Up 12% Today as the Price for Uranium Reaches New Heights

Uranium prices have been increasing steadily in the past 4 years and investors are taking notice. Two years ago the metal could be bought for $20 a pound, last week it was selling for $113, a 565% increase. The momentum is accelerating its pace as prices increased 19% from the prior week. In fact, this was the biggest weekly gain since 1968 according to Ux’s tracking records. Let us hear your thoughts below:

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FridayApr 20, 2007 6:04 am

StockGuru Blog: KAL Energy Inc. – China will Continue to Have Coal Needs

KAL Energy Inc. (OTCBB: KALG) Stock Guru Profile KAL Energy is located in Indonesia and sales to China will be an important focus for KAL. China’s demand for coal will continue to grow and China is investing in CO2 emission controls which will sustain the coal market. China has launched a next-generation 1,000-megawatt electricity plant located near the city of Wenzhou, in bustling, coastal Zhejiang Province. The $2.3 billion plant, which abuts the East China Sea, employs energy-saving “clean coal” technology. Its boilers can heat steam to 600 degrees Celsius–well beyond the “critical” boiling point–the plant requires 17 percent less…

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FridayApr 20, 2007 6:04 am

StockGuru News: KAL Energy and Telecom Communications

KAL Energy Inc. (OTCBB: KALG) KAL Energy, Inc. Receives New Upgraded Rating by Respected Research Firm New Coal Seam Discovered on East Kalimantan Concession LONDON–(BUSINESS WIRE)–KAL Energy, Inc. (OTCBB: KALG.OB - News) is pleased to announce a well-respected firm, TRI-STATE Capital (TSC), has initiated a new upgraded rating on KALG to “Outperfom”, and raising its 12 month target price from $3.30 to $4.00. This upgrade to “Outperform” comes at a time when the company has found a new coal seam on one of their concessions. This new seam was discovered during the company’s $2 million drill program. The new seam…

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FridayApr 20, 2007 6:04 am

StockGuru Morning Alerts for Friday, April 20, 2007 Featuring City Capital, Hemisphere Gold, General Metals, Lotus Pharmaceuticals, KAL Energy, and B2Digital

City Capital Corporation (OTCBB: CCCN) City Capital Corporation (OTCBB: CCCN) - Thursday’s shares stayed even at $0.70. 10,500 shares were traded. City Capital CEO Ephren W. Taylor II will donate a significant gift to Cheyney University of Pennsylvania on Friday, April 20, 2007 at Cheyney’s Graduate School site, 701 Market Street (Mellon Building, third floor) in Philadelphia, PA. The event is open to the public. Taylor will be presenting a $350,000 check to create a specialized curriculum institute for high school and college-aged aspiring entrepreneurs. The Ephren W. Taylor II Entrepreneurial Institute is scheduled to open in July 2007. “It…

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FridayApr 20, 2007 6:02 am

StockGuru Blog: City Capital Corporation Provides Opportunities

City Capital Corporation (OTCBB: CCCN) Stock Guru Profile City Capital Corporation leverages its investments, holdings and other assets to build value for investors and shareholders, while creating positive change in communities nationwide. This means City Capital buys and renovates distressed properties in multiple industry segments and resell them at a profit. City Capital manages its fund by having no paid employees. All staff requirements are performed through contracts with other entities. Projects are acquired at a deep discount, often directly from city, state or municipal government partners, and the company completes the renovation or development before reselling at a higher…

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FridayApr 20, 2007 4:57 am

Key Acquisition Helps Fuel Growth at Intelligentias, Inc. (ITLI.OB)

With its European roots and strong business presence throughout Europe, Intelligentias, Inc. (ITLI.OB) announced a strategic move today. The Company, a market leader in the Homeland Security Sector by providing Data Retention, Tracking and Investigatory Services for Telcos, ISPs and Law Enforcement Agencies around the world, reported that it has executed an agreement to acquire all of the outstanding common stock of Systeam Italy SpA from Systeam US, Inc.   The acquisition results in Intelligentias's acquiring all of the outstanding common stock of Systeam Italy, SpA allowing the Company to obtain all of Systeam SpA's contracts with service providers, strategic alliance partners, network equipment…

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