QualityStocks Stock Newsletters Archives - Page 185 of 1818

WednesdayJul 20, 2011 5:48 pm

Quepasa Corp. (QPSA) to Merge with myYearbook with Intention to become Public Market Leader

Social media technology company Quepasa Corp., owner of Quepasa Games and Latino social network Quepasa.com, today announced its merger with Insider Guides Inc., DBA myYearbook, for $100 million. myYearbook is an online venue accessible on the Web or mobile device. Quepasa CEO John Abbott detailed the contributions myYearbook brings to the table, and the company’s expectations for future advances. "With this merger, we intend to create nothing less than the public market leader in social discovery," Abbott stated in the press release. "Combination with myYearbook nearly doubles the size of Quepasa's existing user base while positioning the new company for…

WednesdayJul 20, 2011 3:10 pm

Synergy Resources (SYRG) Posts Record Revenues Boosted by Increased Oil & Gas Production

Synergy Resources Corp., a domestic oil and gas exploration and production company, today reported third-quarter results for the three months ended May 31, 2011, reflecting an increase in net oil and natural gas production for the quarter compared to the third quarter 2010. Revenues increased 412 percent to a record $3.1 million for the third quarter of 2011 compared to $607,253 in the comparable quarter of 2010. Operating income for the third quarter of 2011 was $547,272 compared to an operating loss of $51,094 in the third quarter of 2010. Synergy narrowed its net loss to $291,612, or $(0.01) per…

WednesdayJul 20, 2011 2:46 pm

AMAG Pharmaceuticals, Inc. (AMAG) to Merge with Allos Therapeutics, Resulting Combination Projects Some $60M in Annual Cost Savings

AMAG Pharmaceuticals, well known as the biopharmaceutical company behind the FERAHEME® injection for treating iron deficiency anemia in adult chronic kidney disease and Allos Therapeutics, developers of a revolutionary indication for relapsed or refractory peripheral T-cell lymphoma (PTCL), called FOLOTYN®, announced entry into a definitive merger agreement today. An all-stock merger with total equity value of roughly $686M will not only drive home a projected $55-60M in annual cost savings synergies (a majority of which should be realized within the first fiscal year after closing the deal), but result in a powerhouse company that will be able to punch significantly…

WednesdayJul 20, 2011 11:46 am

Synergy Resources Corp. (SYRG) Reports Earnings for Third Quarter of Fiscal 2011

Synergy Resources Corp. reported strong year over year increases in revenue and production for the third quarter of fiscal 2011, as the company’s oil and gas operations showed a strong improvement relative to last year. Synergy Resources said that net production of oil and gas was 467 barrels of oil equivalent (BOE) per day in the quarter ending 5/31/2011. The company reported net oil and gas production of 149 BOE per day in the comparable quarter of 2010. Synergy Resources reported revenues of $3.1 million in the most recent quarter compared to $607,000 in the third quarter of 2010. Synergy…

WednesdayJul 20, 2011 11:15 am

Bizzingo, Inc. (BIZZ) to Merge with IBG.com

Bizzingo, Inc. is a social media company that provides businesses a way to introduce their product or service globally by leveraging and expanding their brand and image. The company effectively communicates businesses' marketing message to target audiences, facilitating sales, while connecting all existing social media relationships together in a single online hub. The company announced today that it has signed a letter of intent with IBG.com to confirm discussions concerning a merger or some other form of business arrangement between the two companies. IBG.com is a company engaged in reputation management and online marketing. The letter of intent provides for…

WednesdayJul 20, 2011 9:59 am

The Brainy Brands Company, Inc. (TBBC) Announces Multi-Year Agreement with Just Baby Baby

Yesterday, The Brainy Brands Company, Inc. announced that it has entered into a multi-year distribution agreement with Just Baby Baby Company, which is based out of Zimbabwe, Africa. Brainy Brands, of Suwanee, GA, is the developer and marketer of a line of educational and early-childhood developmental learning products for the U.S. market. These include merchandise such as books, games, puzzles, toys, and CD/DVD materials. Brainy Brands is also interested in exploiting new technology, delivery systems and developing new products. Brainy Brands has recently revamped its product line, and is incorporating the aforementioned new technologies in an effort to allow its…

WednesdayJul 20, 2011 9:56 am

GoldSands Development Company (GSDC) Announces Completion of Initial Test Mining Program on Mika 2

On Tuesday, GoldSands Development Company announced completion of the initial test mining program on the Company's Mika 2 mining concession in Peru. The grades are consistently higher than predicted by their 2009-2010 Phase I and II drill-hole program results from Mika 2. GoldSands final results from the current Mika 2 test gold production program conducted with Swiss Mining S.A. for the period March 28 to July 10, 2011 are: Gravel mined: 7920 m3 (10,359 cubic yards); Raw gold produced: 2445 grams (2.445 kg) (78.6 troy oz.), and Raw gold grade: 309 mg/m3 (4.76 grains/cubic yard). Final results also include Raw…

TuesdayJul 19, 2011 4:37 pm

Clean Diesel Technologies, Inc. (CDTI) Selected as Catalyst Supplier for Fisker Automotive

Clean Diesel Technologies, Inc., a company that engages in the design, marketing, and licensing of technologies and solutions that reduce harmful emissions from internal combustion engines, recently announced that it has been chosen by Fisker Automotive, an American manufacturer of the very first plug-in hybrid electric vehicles with extended range, as a catalyst supplier. Clean Diesel is supplying catalysts using its patented mixed phase catalyst (MPC®) technology for Fisker’s new luxury sedan, Karma, which will start its shipments to both U.S. and European retailers this month. With a price that ranges from $95,800 to $108,000, the Karma brings forth world-class…

TuesdayJul 19, 2011 4:17 pm

Perma-Fix Environmental (PESI) to Acquire Homeland Security Capital (HOMS) Subsidiary

Perma-Fix Environmental Services Inc., a national environmental services company providing unique mixed waste and industrial waste management services, today announced it will acquire Safety and Ecology Holdings Corp. (SEC) from Homeland Security Capital Corp. for approximately $24.5 million. SEC specializes in the remediation of nuclear materials for the U.S. Department of Energy, U.S. Department of Defense, as well as other federal agencies. In 2010 the company generated approximately $86.0 million in revenue and $3.3 million in net income. Perma-Fix said it expects the acquisition will be accretive to earnings, excluding any one-time acquisition-related expenses. Perma-Fix chairman and CEO Dr. Louis…

TuesdayJul 19, 2011 3:24 pm

Applied Nanotech Holdings, Inc. (AAPH) Announces Licensing Agreement with Sichuan Anxian Yinhe Construction and Chemical Group (“YHCC”)

Applied Nanotech Holdings, Inc. announced today it licensed its solar ink and paste technology to YHCC. In February 2011 Applied Nanotech announced a strategic partnership with YHCC. This is the first license agreement to arise from that partnership. Under terms of the license, Applied Nanotech will receive an ongoing royalty of 3 percent of sales of solar ink and paste by YHCC, as well as a $1.5 million upfront payment due by August 2011. Another $500,000 is payable in April 2012, assuming certain technical specifications have been met. "YHCC has shown a tremendous amount of interest in our solar inks…

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