QualityStocks Stock Newsletters Archives - Page 507 of 1818

WednesdayMay 26, 2010 7:37 am

Global Partners (GLP) Purchases Retail Gas Stations in New England

Global Partners announced the purchase of 190 retail gas stations located in Massachusetts, Rhode Island and New Hampshire. The gas stations are branded under the Mobil name and were purchased from Exxon Mobil (XOM), which has decided to exit some of its downstream and marketing operations. The 190 stations sold a combined total of 370 million gallons of gasoline in 2009. Global Partners paid $200 million and assumed the environmental liabilities associated with the operations. The company said that 42 of the gas stations are company operated and 148 are dealer operated. Global Partners also obtained the rights to supply…

WednesdayMay 26, 2010 7:35 am

Ituran Location and Control Ltd. (ITRN) Reports Increase in Sales and Subscriber Base

Ituran Location and Control Ltd reported net income of $4.8 million, or $0.23 per diluted share, in the first quarter of 2010. This was down slightly from the net income of $5.6 million, or $0.27 per diluted share, earned in the same quarter of 2009. Ituran Location and Control Ltd reported strong sales growth of 28% on a year over year basis. The company had sales of $35 million in the first quarter of 2010, compared to sales of $27.3 million in the corresponding quarter of 2009. Ituran Location and Control Ltd. said that sales from subscription fees totaled 74%…

WednesdayMay 26, 2010 7:33 am

Paradigm Oil and Gas, Inc.’s (PDGO.OB) Subsidiary Announces Signing of Intellectual Property, Technology Transfer Agreement

Paradigm Oil and Gas, Inc.'s 100 percent owned subsidiary, Paradigm Technology Solutions Inc., announced yesterday that they signed an intellectual property, Technology Transfer Agreement with Innovative Manufacturing Technology LLC (IMT). This provides Paradigm a doorway into the multi-billion dollar oil recovery technology and service industry. The agreement completes the 100 percent transfer of IMT's intellectual property and technology transfer of their Transportable Enhanced Oil Recovery (T-EOR) Platform. In consideration of the exclusive and worldwide rights for IMT's T-EOR Platform technology, knowledge, and IP transfer, the agreement includes cash compensation and an ongoing royalty for IMT. T-EOR is a turnkey integrated…

TuesdayMay 25, 2010 12:17 pm

GigOptix, Inc. (GGOX.OB) Begins High-Volume Production of 10G, 40G and 100G Transimpedance Amplifiers

GigOptix, Inc., www.GigOptix.com – the fabless, high-performance electronic and electro-optic semiconductor producer for the high-speed telecom and datacom (fiber optic) networks market, announced today the initiation of high-volume production runs of the Company’s transimpendance amplifier (TIA) offerings for 10G, 40G and 100G. The TIA series developed by GGOX are specially designed to offer significant benefits over existing systems: • GX3101B universal limiting TIA with a 20k Ohm gain that enables a wide range of reaches without the need for a post amplifier and bandwidth selection capability from 1-12.5 Gb/s, offering users a robust, single-part solution to the overwhelming majority of…

TuesdayMay 25, 2010 12:10 pm

Azure Dynamics Corp. (AZD.TO; AZDDF.PK) Announces 18-unit Order for Hybrid Electric Buses

Azure Dynamics Corp., www.azuredynamics.com – a global leader among hybrid electric and electric components manufacturers, as well as commercial vehicle power train production, today announced the order of 18 of the Company’s Balance™ Hybrid Electric shuttle buses by the North Central Texas Council of Governments (NCTCOG). Targeted for deployment into the north-central (Dallas/Fort Worth) Texas rural transit system, the purchase of these units will be funded via a grant from the American Recovery and Reinvestment Act of 2009 Transit Capital Assistance program, and was the result of a successful bid by a partnership between the Company, StarTrans Bus, and Lasseter…

TuesdayMay 25, 2010 11:57 am

ICE Corp. (ICMC.OB) Announces Its Next Generation Transaction Authentication System

Singapore-based Intelligent Communication Enterprise Corp. ("ICE Corp") offers a range of innovative mobile marketing solutions and communications technologies. The company announced today that it has successfully completed the installation of its new iCEmat (ICE Mobile Authentication Technologies) authentication platform. This platform is a more advanced version of the previously known PIVOT system. The company will launch commercial operation of iCEmat in August 2010 and will host and operate the application from Singapore. The platform is targeted primarily at preventing credit card fraud in 'card not present' transactions. Research shows that credit card fraud cost consumers and merchants $48 billion in…

TuesdayMay 25, 2010 11:51 am

OSI Systems Inc. (OSIS) Security Division Wins $3M Contract for Two Major Airlines

OSI Systems Inc., a provider of electronic products for the security and healthcare industries, today announced that its security division, Rapiscan Systems, has been awarded an initial $3 million contract to supply air cargo inspection systems to two major international airlines. Per the agreement, Rapiscan Systems will supply cargo screening systems to the airlines to help them meet Transportation Security Administration’s (TSA) Certified Cargo Screening Program (CCSP) regulations. “We are pleased that both these airlines have selected Rapiscan Systems as their security screening solution provider. With over 15 years of experience serving the aviation market, we believe we offer air…

TuesdayMay 25, 2010 11:50 am

International Stem Cell Corp. (ISCO) Announces Update on Efforts to Establish Strategic Alliances

International Stem Cell Corp. today released an update regarding significant progress made on its international development strategy for stem cell-derived human corneal tissue, which can serve as a replacement for cadaver-derived corneas and to eliminate the use of live animals in safety testing of drugs, chemicals and consumer products. ISCO’s senior management team recently traveled to Asia and Europe to research and convene with a group of integrated eye hospitals and ophthalmology research institutions. The team also met with potential sources of research funding, including India-based Sankara Nethralaya (www.sankaranethralaya.org), a leading non-profit clinical and research organization focused on the treatment…

TuesdayMay 25, 2010 11:48 am

WindTamer Corp. (WNDT.OB) Retains Dr. Kenneth D. Visser as a Technical Consultant

WindTamer Corp. is a developer and manufacturer of a patented new wind turbine technology. The company announced today that it has retained Dr. Kenneth D. Visser as a technical consultant. Dr. Visser is the director of the Center for Sustainable Energy Systems and an associate professor in the Department of Mechanical and Aeronautical Engineering at Clarkson University in Potsdam, New York. Dr. Visser completed his PhD at the University of Notre Dame. His post-doctoral work was performed under the auspices of the National Research Council at the NASA Langley Basic Aerodynamic Research Tunnel (BART). Dr. Visser was subsequently employed by…

TuesdayMay 25, 2010 9:20 am

Ad Systems Communications, Inc. (ADSY.OB) Increases UTAH DMA Market Share with the Signing of Centra Telecom

One company that is starting to pick up momentum is the Wendover, Nevada-based Ad Systems Communications. Ad Systems Communications provides quality advertising inventory for all the major cable television networks such as ESPN, MTV and Fox News by deploying its patent pending insertion and streaming media technology into the cable, satellite and IP television markets. Today, Ad Systems Communications took a major step towards enhancing their future with the announcement they have increased their Utah DMA market share. Ad Systems increased their Utah DMA market share by an entire 6.35%. This goal was accomplished by the young company singing the…

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