TuesdayApr 29, 2008 3:10 pm

Key Tronic Corp. (KTCC) Reports Third Quarter Earnings of 11 Cents per Diluted Share

Key Tronic Corp. (KTCC), a provider of electronic manufacturing services (EMS) to original equipment manufacturers (OEMs), reported solid third quarter earnings after the closing bell today. KTCC earned $1.2 million or 11 cents per diluted share, an increase of 57% year over year, on $51.5 million in revenues, a 9% increase over last year’s sales. The results exceed guidance previously issued by the company of 5-8 cents EPS on $49 - $51 million in sales. Additionally, the company offered guidance for the fourth quarter, predicting $50-$54 million in sales and 10-15 cents per share in earnings. President and Chief Executive…

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TuesdayApr 29, 2008 11:28 am

Silicon Image, Inc. (SIMG) On-Board for Open Standards for Mobile Devices; Stock Price Spikes

Silicon Image, Inc. (SIMG) announced today that it is committed to creating an open standard for next-generation memory interface technology targeting mobile devices. The Sunnyvale, Calif.-based provider of semiconductor intellectual property solutions is part of an open-standard group that includes Sony Ericsson Mobile Communications AB, Hynix Semiconductor, Inc., LG Electronics, and ARM. The companies are collaborating to create a standard for dynamic random access memory (DRAM), named Serial Port Memory Technology (SPMT(TM)), which will enable extended battery life, bandwidth flexibility, significantly reduced pin count, lower power demand and multiple ports by using a serial interface instead of the parallel interface…

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TuesdayApr 29, 2008 10:59 am

Finisar Corp. (FNSR) Teams with Neterion to Demonstrate the Industry’s First Laserwire

Neterion Inc. develops 10-gigabit Ethernet (10GbE) adapters for server and storage environments, while Finisar Corp. (NASDAQ: FNSR) develops optic solutions for high-speed data networks. Today, the companies announced a demonstration of the first of its kind, a Laserwire 10GbE adapter, based on Neterion’s Xframe E network interface solution. The companies have reserved a booth at the Interop IT Conference and Exposition in Las Vegas from April 27 through May 2. "We are very pleased to partner with Finisar to demonstrate the industry's first Laserwire 10 Gigabit Ethernet adapter," Greg Scherer, vice president of product planning at Neterion stated in the…

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TuesdayApr 29, 2008 10:54 am

MIPSolutions Inc. (MSOL.OB) in the Running for Technology Innovation Award

MIPSolutions Inc. (OTCBB: MSOL) recently announced it has been recognized by the Utah Innovation Awards for 2008. MIPSolutions is one of a handful of companies recognized for technology innovation, specifically under the chemical and material sciences category. "We are honored to be recognized as a technology innovator and we contribute much of our success to our Utah partners and Johns Hopkins University Applied Physics Lab," Glen Southard, CSO of MIPSolutions stated in the press release. "We will continue to develop innovative and cost effective solutions for use in the mining, environmental remediation, potable water and waste water treatment markets utilizing…

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TuesdayApr 29, 2008 10:09 am

Destination Television, Inc. (DSTV.OB) is “One to Watch”

Destination Television, Inc. (DSTV.OB) is a media production, promotion, and advertising company focused on the strategic placement of out-of-home (OOH) digital signage. With its headquarters located in Fort Lauderdale, the company has a strong base of customers in Southern Florida that utilize its current network broadcasts: Bar TV™, Gym TV™ and Hotel TV™. Destination Television provides remote, custom-edited content and advertising to high traffic OOH locations. The company provides turnkey solutions consisting of hardware, software, location specific entertainment and advertiser content. The advertiser’s commercials air constantly on the company networks with a frequency and rotation schedule that is far above…

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TuesdayApr 29, 2008 8:49 am

Lebed.biz Featured Company: Pluristem Therapeutics Inc. (PSTI)

In less than a month’s time, Jonathan Lebed’s recommendation to buy PSTI on April 5th at $2.05 has translated into a 148% profit. That is an incredible value, and one of the reasons for this increase - and potential future increases - lies in the cutting edge technology that Pluristem possesses. Pluristem Therapeutics engages in the research and development of mesenchymal and stem cell production technology, and the commercialization of cell therapy products. Their cell therapy products are used for the treatment of a variety of severe degenerative, ischemic and autoimmune disorders where current therapies are unavailable or inadequate. This…

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TuesdayApr 29, 2008 8:41 am

StockEgg Featured Company: Bucyrus International Inc. (BUCY) Books Over $1 billion in 2008

Economies of scale are often the focus when discussing smaller type products and how many of them a company can turn out in any given time period. If the same concept is scaled up exponentially, you get the mining industry and how far, economically and physically, you can move in any given period of time. When the mining equipment industry gets rolling with economies of scale, you can bet more equipment means bigger numbers, both in terms of how much can be moved and how much can be made. Bucyrus International Inc., a heavy mining equipment manufacturer, offers design and…

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TuesdayApr 29, 2008 8:38 am

YANGAROO, Inc. (YOOIF.OB) Reports Fifth Consecutive Year of Revenue Growth

YANGAROO, the industry's leading secure digital media distribution company, has released its year-end financial results for 2007, as well as fourth quarter ending December 31, 2007 results. The company reported a 22% increase in revenue (which excludes interest income) over fiscal 2006, making this the fifth consecutive year of revenue growth. As of December 31, 2007, cash and cash equivalents were $6,497,000, setting another record for the company, which exceeded budgeted targets and is considerably greater than in any previous year. The company also had a successful year in the USA as the volume of deliveries made by YANGAROO’s Digital…

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TuesdayApr 29, 2008 8:36 am

deCODE Genetics, Inc. (DCGN) Uncovers Common Variants Linked to Breast Cancer

deCODE scientists have reported the discovery of two common single-letter variants (SNPs) that are associated with an elevated risk of estrogen receptor-positive (ER+) breast cancer. The first variant of the most importance, SNP (known in the genetic community as 'rs4415084'), is carried by more than 60% of women and can increase risk of developing ER+ breast cancer by 50 percent when inherited from both parents. The second variant can only occur in conjunction with the first, but further adds to a person's susceptibility. These inherited alterations to human DNA are so common that researchers have postulated they are responsible for…

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TuesdayApr 29, 2008 8:33 am

K-Sea Transportation Partners (KSP) Sails the High Seas to Profit

K-Sea Transportation Partners continues to sail the right course to profits. On January 31, 2008, the company released their second quarter 2008 results, which show an increased distribution to shareholders of 2.8%. This is the eleventh consecutive quarter that the company has increased its dividend payment. K-Sea Transportation went public in January 2004. Headquartered in East Brunswick, New Jersey, they trade on the NYSE as part of the Shipping sector and have a market capitalization of $486.8M. They are the largest coastal tank barge operator, as measured by barrel-carrying capacity, in the United States. They provide their services to oil…

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