QualityStocks Stock Newsletters Archives - Page 605 of 1818

MondayFeb 01, 2010 9:29 am

Rentrak Corp. (RENT) Completes Major Acquisition

One company that is striving to become a global power is the Rentrak Corporation. Rentrak is a global digital media measurement and research company noted for serving the most famed companies in the entertainment industry. Headquartered in Portland, Oregon, Rentrak has a reach across numerous platforms throughout the entertainment industry including box office, home entertainment and on-demand television. Today, Rentrak took a major step towards enhancing the future of their company with the announcement that they have completed the acquisition of Nielsen EDI from The Nielsen Company. The deal with Nielsen was first announced in December of 2009 with the…

MondayFeb 01, 2010 9:22 am

Ebix, Inc. (EBIX) Anticipates Strong Fourth Quarter 2009 Financial Results

Ebix, Inc., a leading international supplier of insurance-related on-demand software and e-commerce services, recently announced that the company anticipates strong fourth quarter financial results for 2009. Ebix will release fourth quarter and full-year 2009 financials on or near March 8, 2010. After paying roughly $34.6 million in cash for two acquisitions (Peak and EZ Data) and the purchase of a new building in India during the fourth quarter of last year, the company’s year-end cash balance totaled approximately $19.1 million. In addition, management intends to resume its share buyback program under the previously Board-approved share repurchase program. “In recent times,…

FridayJan 29, 2010 4:24 pm

Longwei Petroleum Investment Holding Ltd. (LPIH.OB) Up Nearly Sevenfold After QualityStocks Newsletter Coverage

Longwei Petroleum Investment Holding Ltd.’s shares have increased by nearly eightfold since the company was initially covered in QualityStocks FREE Daily Newsletter. Longwei was highlighted in the newsletter on April 6, 2009 when shares were trading at only $0.31. The stock is currently trading at $2.40 a share. Although down 4.6% today, an investment into Longwei Petroleum less than 10 months ago would have increased by nearly 700%. Longwei Petroleum is an energy company that engages in oil and gas operations in China. The company's operations consist of transporting, marketing and selling finished petroleum products such as diesel, gasoline, fuel…

FridayJan 29, 2010 3:51 pm

Baylake Corp. (BYLK) Reports Earnings for Fourth Quarter and Full Year 2009

Baylake Corp. announced net income of $678,000, or $0.09 per diluted share, for the fourth quarter of 2009. This was the fourth consecutive quarter of profitability for the company and represents a strong improvement from the fourth quarter of 2008 when the company lost $9.9 million. Baylake Corp reported a full year profit in 2009 of $4.3 million, or $0.55 per diluted share. In 2008, the company lost $9.9 million. Asset quality is also improving, with non-performing loans declining from $44.1 million at the end of 2008, to $28.7 million at the end of 2009. The 2009 total represents 4.38%…

FridayJan 29, 2010 2:36 pm

China Integrated Energy, Inc. (CBEH) Signs $52M Petroleum Contract

China Integrated Energy, Inc., an industry leading, privately owned provider of petroleum and clean energy fuels in the People’s Republic of China (PRC) announced yesterday that the Company has signed a large new contract with one of its existing customers. The contract, with an unspecified wholesale distributor located in the Sichuan Province (where refining capacity is limited), calls for delivery of 160k tons of petroleum products in 2010, a whopping 62k tons more than the previous year and representing an additional $52M in revenue. This new contract clearly showcases CBEH’s skillful execution of its growth strategy in wholesale distribution, breaking…

FridayJan 29, 2010 12:42 pm

Solarfun Power Holdings Co. Ltd. (SOLF) is “One to Watch”

Solarfun Power Holdings Co., Ltd. manufactures ingots, PV cells and PV modules as well as provides PV module processing services to convert PV cells into PV modules. Selling its products through third-party distributors, OEM manufacturers and directly to system integrators, the company produces both monocrystalline and multicrystalline silicon cells and modules. The company’s main focus is on bringing the best value to their customers by offering the latest advances in solar technology and vertically integrated manufacturing solutions. Backed by more than a decade of Electronic Manufacturing experience, Solarfun is committed to maintaining quality of the highest standard. Solarfun has achieved…

FridayJan 29, 2010 12:08 pm

Eastman Kodak Co. (EK) Posts Better than Expected Results

Rapid changes in technology can be a death bell for established product brands. Not recognizing these changes and adapting to them is the nail in the coffin. There are certain brands, however, that are strong enough to cheat death if a solid reorientation is made quickly and effectively. In this sense, recognizing the brand and its opportunity can be just as an effective investing option as any other, especially when a stock price is beaten down for some time but refuses to die. Eastman Kodak Co., an imaging technology products manufacturer and service company, manufactures imaging products for the consumer…

FridayJan 29, 2010 10:34 am

QuantRx Biomedical Corp. (QTXB.OB) to Acquire NuRx Pharmaceuticals (NUXP.OB)

QuantRX Biomedical Corp. today announced that it has entered into an agreement to acquire NuRx Pharmaceuticals Inc. (OTCBB: NUXP). The transaction is structured as a tax-free, all stock acquisition resulting in a combined company with no debt and a simplified ownership and capital structure. The agreement for QuantRx to acquire NuRx follows a joint venture between the companies announced in July 2009. The QN Diagnostics joint venture between the two firms leverages 30 years of diagnostic healthcare research and development expertise. The joint venture has been focused on accelerating the commercialization of diagnostic products utilizing QuantRx's RapidSense rapid diagnostics technology.…

FridayJan 29, 2010 10:30 am

Balqon Corp. (BLQN.OB) Successfully Completes Cold Weather Testing on Battery Powered Electric Tractor

One company that is starting to leave its mark on the market is the Balqon Corporation. Located in California, Balqon has grown into a leading developer of heavy duty electric trucks, tractors, and electric drive systems. Today, the young company announced that they have successfully completed cold weather testing on its lithium-ion battery powered electric tractor, the Nautilus XE20. The Nautilus XE20 is a state-of-the-art electric tractor that is designed for off-highway container or semi-trailer “spotting” applications. The unique vehicle is designed to travel at speeds of up to 25 miles per hour and capable of towing loads of up…

FridayJan 29, 2010 9:38 am

NBT Holdings Inc. (NBTH.OB) Reports Strong Increase in Net Income

NBT Holdings Inc. reported net income of $633,000 in 2009, up nearly threefold from net income of $187,000 in 2008. NBT Holdings Inc. is a bank holding company that owns the Nashville Bank and Trust Company. The bank reported strong growth in assets, loans and deposits in 2009 compared to 2008. Total assets ended 2009 were $183 million, up 17.1%, while loans increased by 6.8% to $136 million. Deposit growth was even better, up 19.8%, to end 2009 at $155 million. NBT Holdings Inc. also has a solid balance sheet and reported no non-performing assets as of 12/31/2009. The bank…

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