WednesdaySep 15, 2010 8:04 am

Global Entertainment Corp. (GNTP.OB) Reports Net Loss of $2.6 Million

Global Entertainment Corp. announced its fiscal year end 2010 results, which proved to be lackluster for the integrated event and entertainment company. For the fiscal year ended May 31, 2010, the Company realized a net loss of $2.6 million, or $0.39 per share, compared to net income of $0.03 million, or $0.00 per share, for the prior fiscal year. Revenues were also down to $11.3 million compared to $13.2 million during the fiscal year ended May 31, 2009, a decrease of $1.9 million, or 14.2%. In 2010, contributing factors leading to this decline were the fluctuations in initial fees and…

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WednesdaySep 15, 2010 8:02 am

The MICROWAVE VISION Group (ALMIC) Subsidiary ORBIT/FR, Inc. Posts a Whopping 26.9% Increase in Sales

The MICROWAVE VISION Group (NYSE-Euronext: ALMIC) announced that its subsidiary ORBIT/FR, Inc. (OTCBB: ORFR), has published first half and second quarter 2010 interim results. These results demonstrate a dramatic increase from the same time periods in the year prior. Sales were up by 26.9% to $16.5 million, and operating income increased to $1.09 million vs. a $0.53 million loss last year. ORBIT/FR provides Antenna, RCS and Radome measurement solutions for the defense, aerospace, telecommunication, automotive, academic and research communities. The Company delivers everything from sophisticated turn-key measurement systems to precision individual components. The MICROWAVE VISION Group, which owns 61.8% of…

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WednesdaySep 15, 2010 7:59 am

Cicero Inc. (CICN.OB) Receives Prestigious 2010 TMC Labs Innovation Award

Cicero, Inc., a Company that specializes in enabling business transformation of enterprise interactions, announced that it has received a 2010 TMC Labs Innovation Award for its Cicero XM ™ Suite. This comes as wonderful news for the company who has also won the Customer Interaction Solutions Magazine’s 2009 Product of the Year award. The Cicero XM product is perfect for the call center industry or any other industry that needs to connect different applications, regardless of the type and source of the application, to eliminate redundant entry and costly mistakes. Cicero XM automates up and down-stream process flows, enforcing compliance…

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TuesdaySep 14, 2010 2:00 pm

Synthetech, Inc. (NZYM.OB) Price Tag worth W. R. Grace & Co.’s (GRA) Expectations for Future

W. R. Grace & Co. (NYSE: GRA), a leading global supplier of catalysts and other products for petroleum refiners, today announced it will purchase Synthetech Inc., manufacturer of fine chemicals specializing in organic synthesis, biocatalysis and chiral technologies. The acquisition is expected to equip Grace with the needed capacity to manufacture specialty single-site and polypropylene catalysts used to produce plastics. "Synthetech gives us immediate production capacity for specialty single-site and polypropylene catalysts, which significantly enhances our ability to supply our large global customers with these specialized catalysts. The acquisition eliminates the need for investing in a grass-roots facility,” Greg Poling,…

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TuesdaySep 14, 2010 11:57 am

Beacon Equity Research Featured Company: Alanco Technologies Inc. (ALAN)

Alanco Technologies is a Scottsdale, AZ-based leader in the wireless asset management/tracking sector via its StarTrak Systems subsidiary, which specializes in GPS tracking and wireless asset management for the transportation industry. StarTrak products allow for remote inspection of critical data on refrigerated transportation trailers, trucks, railcars and containers, including location, temperature and coolant fuel levels, and its fully integrated solutions for tracking and monitoring (with subscription monitoring and control) result in higher ROI, improved supply chain/process efficiency, and real-time situational awareness. As a constant leader in innovation, StarTrak provides cutting-edge capabilities like complete two-way remote configuration of the refrigeration unit…

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TuesdaySep 14, 2010 11:01 am

Warren Buffett Gives Bullish Outlook for US Economy

Warren Buffett's Berkshire Hathaway was forced to cut about 20,000 jobs last year as demand for products across its entire spectrum of energy, luxury goods, insurance and services declined. However, now Warren Buffett sees signs of life in all of his businesses. In remarks to the Montana Economic Development Summit, Mr. Buffett said that things are looking up for the US economy. He said “We will not have a double-dip recession at all. I see our businesses coming back almost across the board.” He went on say he does not see the sour sentiment as expressed in the media over…

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TuesdaySep 14, 2010 10:59 am

TransAct Energy, Corp. (TEGY.OB) Announces Photovoltaic License

Located in the state of Texas, TransAct Energy's focus is on energy produced from geothermal, solar fuel cells and municipal waste. Today, TransAct Energy took a step towards prominence with the announcement they have secured a photovoltaic license and locked down manufacturing and distribution of the cutting edge solar technology in Asia. The license was granted by Square One Solar Systems Inc. to manufacture, market, distribute, sell, license and resell its proprietary photovoltaic solar technology across the globe. The solar panels manufactured by Square One utilize simple screen-printing technology. Leading the way at TransAct Energy is Rod Bartlett who serves…

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TuesdaySep 14, 2010 10:52 am

XO Holdings, Inc. (XOHO.OB) Subsidiary Beefs up its Ethernet over Copper Network Coverage by 30%

XO Communications, www.xo.com –XO Holdings, Inc. subsidiary and one of the top providers of sophisticated broadband services/solutions to enterprise, government, carriers and service providers nationwide, announced an over 30% expansion of its EoC (Ethernet over Copper) network today. Projected to increase coverage in the Company’s 39 existing markets, this expansion will also launch new availability in key markets like Charlotte, NC, and Buffalo and Rochester, NY. Recent addition by the Company to its network of 400 EoC-enabled local service offices brings the total count to over 400 in the US – a significantly increased footprint that is emblematic of XOHO’s…

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TuesdaySep 14, 2010 10:46 am

LianDi Clean Technology Inc. (LNDT.OB) Will Address Chinese Government Oil Sludge Automation Requirements via New Strategic Partnership

LianDi, www.china-liandi.com – a leading provider of clean tech, flow control equipment, technical/integration services and proprietary software for the thriving Chinese petroleum and petrochemical sectors, reported entry today into a strategic alliance with globally recognized, Tokyo-based oil sludge treatment firm System Kikou Co., Ltd. Recent mandates by the Chinese government, instituted as a result of a June 2010 industrial accident involving manual removal of oil sludge in which 6 workers died, have created massive demand for the now-required automated cleaning technology. President and CEO of LNDT, Mr. Jianzhong Zuo, characterized the timing of this strategic alliance with System Kikou as…

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TuesdaySep 14, 2010 10:35 am

NF Energy Saving Corp. (NFEC.OB) Inks Contract with HF Bio-energy to Achieve 800-household Renewable Energy Project in China

NF Energy Saving Corp. provides energy saving services in China for the power, petrochemical, coal, metallurgy, construction and municipal infrastructure development industries. The company announced today it has entered into a work contract for an energy saving project with Fuxin HF Bio-energy Development Company, a company focused on biotechnologies that transform traditional small coal-fired plants to bio-powered plants for heat and power sources. Per the agreement, NF Energy will provide technical consultancy and project design, including equipment set up and testing. The main objective of the project is to develop bio-fuels to replace coal-powered energy sources, thereby reducing coal utilization…

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