QualityStocks Stock Newsletters Archives - Page 292 of 1818

WednesdayFeb 23, 2011 2:33 pm

Cemtrex, Inc. (CTEI.OB) Turns Profitable as Sales Double

Earlier today, Cemtrex Inc. announced its first quarter consolidated results of operations for the three months ended December 31, 2010. Revenues totaled $1,821,634, up 104% compared to the first quarter ended December 31, 2009. Net Income totaled $144,217 versus a loss of $32,006 during the same period a year prior. Commenting on the quarterly results, Mr. Arun Govil, President and Chief Executive Officer of the Company, stated, "We are pleased with this turnaround to profitability, and would like to thank our employees for their efforts, which have resulted in enhanced global marketing efforts, securing large projects in the international marketplace,…

WednesdayFeb 23, 2011 1:49 pm

American National Insurance Co. (ANAT) Reports 2010 Financial Results

American National Insurance Co. reported year over year increases in net income and revenue in 2010, as the company saw an improvement in business and a recovery from a decline in its investment portfolio. The company also saw an increase in diluted book value per share compared to last year. American National Insurance reported net income of $144 million, or $5.44 per diluted share in 2010, compared to net income of $15.6 million, or $0.59 per diluted share in 2009. The company said revenues in 2010 increased by 4% over 2009. American National Insurance saw a rebound in business in…

WednesdayFeb 23, 2011 1:22 pm

Mainland Resources, Inc. (MNLU.OB) Secures 30-year Industry Veteran and Renowned Fracking Expert Stephen Schubarth to Design and Supervise Fracture Treatment at Buena Vista

Mainland Resources, www.mainlandresources.com – the oil and gas developer currently focused on emerging and early stage projects in regions with solid potential for significant material discoveries, announced the retention of 30-year industry veteran and President of Schubarth, Inc., Stephen Schubarth, to design and oversee fracking on its Burkley Phillips No. 1 Well. The Burkley Phillips No. 1 well is within the 17.8k acre Buena Vista prospect area controlled by the Company and its partners, and is located in Jefferson County, Mississippi. The renowned Mr. Schubarth has three decades of experience with such industry giants as Arco, Chevron and Halliburton, with…

WednesdayFeb 23, 2011 1:14 pm

Casey Container Corp. (CSEY.OB) Signs Letter of Intent to Act as Managing Partner of New Joint Venture

Casey Container Corp. is engaged in the design and manufacture of biodegradable PET, HDPE and other plastic polymer preforms, bottles and containers for use in the bottled water, beverage and consumer products industries. The company offers its biodegradable plastic packaging solutions using the breakthrough science of the EcoPure additive and technology. The company announced today that it has signed a letter of intent to act as the managing partner of a new joint venture, Casey Container International, a new private company. Casey Container Corp. will provide the management and expertise to engineer, build, develop and manage a group of preform…

WednesdayFeb 23, 2011 12:06 pm

Emrise Corp. (EMRI.OB) Sees Demand for In-Flight Entertainment & Connectivity Systems Increasing

Few industries face the challenges and competition inherent in the airline industry. With increasingly volatile oil prices a constant threat, commercial air carriers are looking for additional revenue sources and bigger passenger loads. A growing component in such strategies is the offering of advanced in-flight entertainment and connectivity systems (IFE&C). It’s an approach that addresses two major customer demands, entertainment and business, a way to make the time go faster and be more productive. It’s been a huge positive for Emrise Corporation, a global producer of defense, aerospace, and industrial electronics and communications equipment. The use of its power supplies,…

WednesdayFeb 23, 2011 11:21 am

Cytokinetics Inc. (CYTK) Video Chart for Wednesday, February 23, 2011

CYTK has had quite a slide and the chart is now worthy of a close watch for a bounce. Technical traders will be on alert for any shift in momentum and the establishment of support levels. To view the video chart, visit the following link: http://www.qualitystocks.net/videocharts.php Let us hear your thoughts below:

WednesdayFeb 23, 2011 9:48 am

Biomoda Inc. (BMOD.OB) Announces Completed Sample Collection and Patient Enrollment Pilot Study

Biomoda, Inc., a specialized cancer diagnostics company, recently announced the completion of its patient enrollment and sample collection in a pilot study for the clinical sensitivity of its CyPath® label solution for the early detection of lung cancer. The data and results from the study will be released when they become available. Biomoda is looking forward to an FDA approval of its screening technology as a Class III medical device. Biomoda’s President John Cousins is also pursuing a CE Mark to make CyPath® commercial in Europe. CyPath® is currently available for only for investigational use only. “This is a significant…

WednesdayFeb 23, 2011 9:37 am

Gold Bag, Inc.’s Focus Gold (GBGI.OB) Acquires Two Gold and Silver Claims

Gold Bag, Inc., operating as Focus Gold Corp., has expanded their extensive holdings in Nayarit State, Mexico. They accomplished this through the acquisition of two gold and silver claims - the San Nicolas and Santa Fe. The two properties provide increased continuity between their Huicicila and Focus 1 properties. The 120-Hectare Santa Fe Property strategically extends the Company's historic Miravalles Vein. Initial sampling on the Santa Fe Property has indicated more than 500 g/t AG, 5.4 percent Cu and 22.5 percent Zn. The San Nicolas Property includes the caldera border that lies between the Huicicila and Focus 1 properties. The…

TuesdayFeb 22, 2011 3:40 pm

Cougar Oil and Gas Canada Inc. (COUGF) Issues Operational and Financial Update

Cougar Oil and Gas Canada issued an operational and financial update on its oil and gas operations in Canada. The company has several active project areas in Alberta and British Columbia. Cougar Oil and Gas completed a 3D seismic program on its properties and expects to receive the data in approximately four to six weeks. The company will analyze the data and decide on the drilling program to be used to develop the property over the next two years. Cougar Oil and Gas anticipates both vertical and horizontal drilling locations at up to five separate areas at the project. Cougar…

TuesdayFeb 22, 2011 2:18 pm

Innocent Inc. (INCT.OB) and Steele Resources to Joint Venture Mineral Hill Gold Project

Innocent Inc., www.innocentinc.com – an emerging mining company which is squarely focused on leveraging its core competencies to push under producing near- and in-production properties to full capacity, reported entry into a material definitive agreement today with Steele Resources, Inc. (SELR.OB), whereby Innocent will acquire 50% of the Mineral Hill Gold Exploration Project. This agreement essentially creates a 50/50 joint venture for exploration and operation of the some 1,800 acres, consisting of 17 patented and 67 unpatented lode mining claims, ideally located right near Pony Hill, Montana in the rich Mineral Hill Mining District. CEO of INCT, Wayne Doss, hailed…

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Category: QualityStocks Stock Newsletters