QualityStocks Stock Newsletters Archives - Page 463 of 1818

FridayJul 16, 2010 12:01 pm

American Riviera Bank (ARBV.OB) Reports Continued Profitability

American Riviera Bank is a full-service community bank based in Santa Barbara, California. The company reported yesterday unaudited net income of $502,000 for the six months ended June 30, 2010 – a vast improvement from the same period last year. The bank's unaudited net income for the quarter ended June 30, 2010 was substantial at $274,000. This is especially so considering that the figure included a $72,000 loan charge-off and a $124,000 loss on sale of other real estate owned. American Riviera's net margin continues to increase, reaching 4.68% for the six months ended June 30, 2010, up from 3.67%…

FridayJul 16, 2010 8:02 am

California Republic Bank (CRPB.OB) Announces Financial Results for Quarter Ending June 30, 2010

Late yesterday, California Republic Bank announced their results for the quarter ending June 30, 2010. They reported strong growth in assets and both quarterly and year to date net profits. California Republic Bank is a regional Southern California based commercial bank. Bank officials attribute the strong results to California Republic Bank’s impressive and growing roster of prestigious Southern California clients. Vice Chairman, Mr. John DeCero, stated, "We continue to attract very successful companies because our clients look for a bank that offers responsiveness, a relationship with senior executives, and the capacity to be opportunistic in today’s environment." For June 30,…

FridayJul 16, 2010 7:58 am

ANTs Software Inc. (ANTS.OB) Receives $2M Investment from Fletcher International; Revises Terms of Previous Agreement

ANTs Software Inc. consolidates hardware and software infrastructure to eliminate cost inefficiencies. The company today announced it will receive a $2 million investment from Fletcher International Ltd. as part of a previously announced $10 million March 2010 investment agreement. The investment brings Fletcher’s total investment to date at $4 million. ANTs will use the proceeds for general operating purposes, as well as for the further development of its go-to-market strategy for its database migration solutions. Per the agreement, the $2 million investment represents Fletcher’s purchase of 1.6 million additional shares at a per share price of $1.25, a 25% percent…

FridayJul 16, 2010 7:43 am

ERF Wireless, Inc. (ERFW.OB) Video Chart for Friday, July 16, 2010

ERFW made a strong move on heavy volume yesterday. Now we are looking for the middle bollinger band (20dma) to be broken through and a challenge of the pps resistance at $.04. Please click the following link: http://www.qualitystocks.net/videocharts.php?chartvid_id=440 Let us hear your thoughts below:

ThursdayJul 15, 2010 3:44 pm

UFood Restaurant Group (UFFC) Inks Partnership with Congusto LP to Open 35 UFood Grill Locations

UFood Restaurant Group Inc. has teamed up with Arlington, Texas-based Congusto LP to open 35 UFood Grill locations in the Southwest United States. Congusto develops restaurants that offer alternative dining designed to promote healthy eating options. The company’s plan to extend its reach to offer healthier, good-tasting food nationwide correlates with UFood Grill’s service of providing healthy options to consumers in the fast-casual restaurant space. George Naddaff, chairman and CEO of UFood Grill, said the partnership with Congusto reflects both companies’ desire to address increasing consumer interest in healthy food options. "This 35 unit expansion of UFood Grill is a…

ThursdayJul 15, 2010 1:08 pm

JetBlue Airways (JBLU) and Points International Ltd. (PTSEF.OB) Launch ShopTrue, an Online Earn Mall for TrueBlue Members

JetBlue Airways, www.jetblue.com – the innovative, respected and customer-satisfaction-oriented airline servicing 61 cities with some 650 daily flights, opened ShopTrue, a new online earn mall for members of the Company’s TrueBlue customer-loyalty program. ShopTrue extends a 2008 partnership between JBLU and Points International Ltd., which saw the launch of the Buy TrueBlue Points service that utilizes the Company’s cutting-edge miles and points purchase platform by allowing users to buy points themselves or give them to another member. ShopTrue allows flyers to earn points by shopping at any of over 800 participating retail partners, including the Apple Store, Dell, eBay, K-Mart…

ThursdayJul 15, 2010 1:03 pm

Pacific Blue Energy Corp. (PBEC.OB) Growth Prompts Industry Tech Veteran Hiring

Pacific Blue Energy Corp., www.pacificblueenergycorp.com – the Arizona-based firm focused on developing renewable energy facilities in prime locations like the Southwest where abundant sun makes photovoltaic (PV) systems optimal, appointed 30-year industry veteran Yoram Gordon to the Company’s Advisory Board. As a consultant, Gordon was recently instrumental in crafting the business plan and overall market strategy for a small wind turbine inventor/manufacturer, and was able to get it successfully implemented into several urban green building and hybrid wind/solar farms. The Company’s strategy of pursuing both long-term utility company contracts (which helps those utilities satisfy state requirements for renewable energy) and…

ThursdayJul 15, 2010 1:01 pm

Basic Earth Science Systems, Inc. (BSIC) Announces Name Change to Earthstone Energy, Inc.

Basic Earth Science Systems, Inc. announced that the company has formally changed its name to Earthstone Energy, Inc. The company will continue to trade under the symbol BSIC. Earthstone Energy, Inc. said that the company received approval for the name change from the Financial Industry Regulatory Authority. Earthstone Energy, Inc. also applied for a change in trading symbol, but the application was declined. The Financial Industry Regulatory Authority recently changed regulations regarding symbol changes and beginning 6/1/2010 trading symbols can only be changed in the event of a corporate merger. The management of Earthstone Energy, Inc. was disappointed with the…

ThursdayJul 15, 2010 11:38 am

Keyuan Petrochemicals, Inc. (KYNP.OB) Announces Addition of New Desulfurization Process at Its BTX Aromatics Refining Facility

Keyuan Petrochemicals Inc. is a leading independent manufacturer and supplier of various petrochemical products in China. The company's operations include an annual petrochemical manufacturing capacity of 550,000 metric tons. In addition, it has facilities for the storage and loading of both the necessary raw materials and the finished products. The company announced today that it has completed and placed into service effective July 1, 2010, a new desulfurization process at its current refining facility for BTX aromatics. By reducing the sulfur content, the company will be able to realize higher selling prices and improved margins on certain of its BTX…

ThursdayJul 15, 2010 10:37 am

Welwind Energy International Corp. (WWEI.OB) Signs Letter of Intent for 80% Interest in Wind Energy Project

The goal of Welwind Energy International Corp. is to build, own and operate wind farms internationally on a profitable basis. The company announced today that they have made progress toward that goal. Executives from the company's China office recently successfully completed negotiations to acquire an 80 percent interest in a 300 megawatt, large-scale, wind energy project in Inner Mongolia, China. Welwind Energy and Inner Mongolia Test Power Limited signed a letter of intent for 80 percent ownership and future expansion rights in the Inner Mongolia Wind Turbine Complex 300MW Wind Farm Project. The project is located in Wu Lan Cha…

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