Blog - Page 5220 of 5609

FridayJul 06, 2007 3:39 pm

Top Closers with Big News

Every public company loves to put out good news and see the reflection in its stock price. The following three companies released positive news of some kind today or late yesterday and then watched as their stock prices closed very strong.Applied Micro-Circuits (NASDAQ: AMCC) cut its first-quarter guidance of $59.6 million to $50 million, predicting that second quarter sales will increase to $55 to $60 million. Applied Micro blames a weak telecommunications market for the cut in its first quarter guidance. Although they had to revise the figure downward AMCC was able to pick up its share price. Shares rose…

FridayJul 06, 2007 3:39 pm

Female Health (FHCO.OB) Company Moves to AMEX

Share prices for the Female Health Company (OTCBB: FHCO) edged up a scant 4.94 percent this morning, rising to $2.55 a share, the highest the company's stock has been in a month.The rise shadows yesterday's news that the company will soon be listed on the American Stock Exchange under the symbol FHC. AMEX shares for FHC will start trading on Monday, July 9, 2007. This is excellent news for Female Health. The company has built a brand around the production and manufacture of the female condom, which is distributed to numerous developing countries throughout the world, mainly through public health…

FridayJul 06, 2007 3:39 pm

AMD Invests $7.5 M in Transmeta (TMTA)

Shares of Transmeta (Nasdaq: TMTA) were up 20 cents, or 28 percent, to 90 cents on volume of nearly 8 million this morning, reeling from yesterday's news of a multi-million dollar investment.Advanced Micro Devices Inc. (NYSE: AMD) invested $7.5 million in Transmeta in exchange for preferred stock, though the number of shares has not yet been released. In a statement, Dirk Meyer, president and COO of AMD, labeled Transmeta a "key ally," and said the investment will help drive AMD's technology to the market, while assisting Transmeta's technology development work. "Transmeta has been an innovative force in the industry for…

FridayJul 06, 2007 3:39 pm

AmeriFirst Charged with Fraud

Yesterday was a busy day for the Fort Worth division of the SEC. Earlier that morning, news of the SEC's recent complaint against Dallas-based bank holdings company AmeriFirst Funding Inc. - and the subsequent investor fraud allegations - were leaked to Market News First. Now, just under an hour ago, the SEC released a statement in which they announced that an emergency lawsuit had been filed against the company, along with a temporary restraining order halting AmeriFirst's offering of Secured Debt Obligations (SDOs) and a notice that the company's assets were to be immediately frozen.The story leading up to the…

FridayJul 06, 2007 3:39 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 news late yesterday evening or early this morning:Shares of Bally Total Fitness (Pink Sheets: BFTH) were up 33 cents, or 75 percent, to 77 cents on volume of 1.7 million today, just minutes after the market's open. The fitness center giant announced this morning its board of directors received a letter from current shareholders proposing an alternate Chapter…

FridayJul 06, 2007 3:39 pm

ST Online (STOI.OB) Jumps 176 Percent

Share prices for ST Online Corp (OTCBB: STOI) skyrocketed almost 200 percent yesterday, leaping from $3.40 a share to $9.00 a share - and briefly charging as high as $25.00 a share around 3:30 yesterday afternoon.It looks like the company's latest press statement is responsible for the increase, if not for the amazing jump that occurred this afternoon. According to the statement, ST Online recently acquired all of the shares of Canadian-based energy company Park Place Energy Inc. that specializes in exploring gas and oil properties in Canada and the North Sea. This is an unusual acquisition for ST Online.…

FridayJul 06, 2007 3:39 pm

Biotech Holdings Ltd. (BIOHF.OB) (TSXV: BIO) Heading South of the Border for More Profits

Biotech Holdings Ltd. (OTCBB: BIOHF) (TSXV: BIO) is heading south of the border with the announcement that it is expanding distribution of its Sucanon diabetes drug in Mexico and other markets.BIOHF took over Sucanon distribution from an appointed marketing company in September, 2006 and currently distributes through more than ten chains. Retail chains distributing Sucanon include big-box retailer Wal-Mart and drugstore chains Farmacias Benavides and Farmacias del Ahorro. Catalog and call-center sales to better-off customers are conducted principally through Internacional de Productos. Overall, the distribution system that has been created allows Sucanon to be offered to Type II diabetics through…

FridayJul 06, 2007 3:39 pm

Wind Turbine Order “Blows” CPTC up 5%

Shares of Composite Technology Corporation (OTCBB: CPTC) closed up strong yesterday evening after news of an order for one of its D8 wind turbines was announced.CPTC announced that its DeWind subsidiary has received an order from Sia Lenkas Energo, for one 2 megawatt (MW) DeWind D8 wind turbine for delivery to one of their projects in Latvia. The turbine is scheduled for delivery in mid 2008. Just like me, you must be wondering what one of these wind turbines costs ... D.J. Majendie, V.P. of Legal & Business Development for CPTC, told Market News First that the average going rate…

FridayJul 06, 2007 1:16 pm

StockGuru Blog: VisiTrade – Strong China = Strong Hong Kong Market and VTDI Eyeing Asia

Visitrade Website - VTDI VisiTrade Eyes Asia Link here for VisiTrade’s demonstration. Asia is fertile ground for VTDI. The Hong Kong stock market is expected to post further gains after getting off to a good start in the second half of the year, analysts have said. Strong global liquidity, fund flows from the mainland due to China’s expansion of its qualified domestic institutional investor (QDII) approach and surging A-share prices in Shanghai will continue to support stock prices here, they said. Robust corporate earnings and potential decline in US interest rates are also among factors that could drive up the…

FridayJul 06, 2007 1:14 pm

StockGuru Trade Alert: m-Wise, Inc. (OTCBB: MWIS) Up as Much as 20% since StockGuru Initiated Coverage

StockGuru Trade Alert: m-Wise, Inc. (OTCBB: MWIS) Up as Much as 20% since StockGuru Initiated Coverage On June 11th, m-Wise Closed at a Price of $0.125 On June 12th, StockGuru Announced Coverage of m-Wise Today MWIS Reached a Price of $0.15, which is Up 20% Today’s Volume of 446,582 is Well Above its Three Month Average m-Wise, Inc. (OTCBB: MWIS) View the StockGuru Profile for m-Wise: http://www.stockguru.com/profiles/mwis/ We Invite you to Visit the All New StockGuru Blog! Here you will find updates on all our covered companies, including Profiled Companies and StockGuru Picks. Click HERE to visit the Blog, or…

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Top Closers with Big News

Female Health (FHCO.OB) Company Moves to AMEX

AMD Invests $7.5 M in Transmeta (TMTA)

AmeriFirst Charged with Fraud

Early Movers with Big News

ST Online (STOI.OB) Jumps 176 Percent

Biotech Holdings Ltd. (BIOHF.OB) (TSXV: BIO) Heading South of the Border for More Profits

Wind Turbine Order “Blows” CPTC up 5%

StockGuru Blog: VisiTrade – Strong China = Strong Hong Kong Market and VTDI Eyeing Asia

StockGuru Trade Alert: m-Wise, Inc. (OTCBB: MWIS) Up as Much as 20% since StockGuru Initiated Coverage

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