ThursdayDec 17, 2009 11:32 am

Wollemi Mining Corp. Changes Name to Pacific Bepure Industry Inc. (PBEP.OB)

Sometimes change is good. This is the philosophy of Pacific Bepure Industry. If you haven’t heard of Pacific Bepure, you may have heard of Wollemi Mining Corporation (OTCBB: WOLI). Pacific Bepure changed its name from Wollemi to reflect their current business of designing, manufacturing and selling their unique brand of moderately priced footwear which has caught the attention of customers (primary females) across the globe. Leading the way at Pacific Bepure Industry is Haitin Li who serves as their Chairman and CEO. Li is a renowned veteran in his field and has helped the young company evolve to the verge…

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ThursdayDec 17, 2009 8:57 am

Fed to Keep Rates at Record Low for an “Extended Period”

Earlier this week, the Federal Reserve pledged to keep interest rates at a record low in an effort to decrease the nation’s double-digit unemployment rate and maintain the slow economic recovery. Chairman Ben Bernanke noted that consumer spending remains sluggish and companies are still wary of hiring so the Fed vowed to keep interest rates at the current range of zero to 0.25 percent for an “extended period.” The Fed said it has the ability to hold rates at this super-low level because inflation is expected to remain subdued for some time. The current super-low interest rates are helpful for…

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ThursdayDec 17, 2009 8:55 am

The Steak n Shake Company (SNS) Reports Strong Fourth Quarter

The Steak n Shake Company reported net income of $3.4 million, or $0.21 per share, in the fourth quarter of fiscal 2009. This was a strong improvement from the net loss of $9.2 million, or $0.32 per share, in the same quarter last year. The Steak n Shake Company also saw a recovery of traffic due to an upturn in the economy. The company reported a same-store sales increase of 10% in the fourth quarter of 2009 over the fourth quarter of fiscal 2008. The Steak n Shake Company reported cash and equivalents of $51.4 million as of 9/30/2009, compared…

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ThursdayDec 17, 2009 8:52 am

Mattson Technology, Inc. (MTSN) Receives Multiple Orders from Prominent Semiconductor Foundry

Yesterday, leading semiconductor product supplier, Mattson Technology, Inc., announced that a prominent Asia-based semiconductor foundry has placed multiple orders for the company’s Suprema® photoresist strip system. Mattson noted that the Suprema systems will be used for all dry strip applications including one of the most difficult processes, high dose implant strip (HDIS). The tool shipments, starting in the current quarter, will continue into the first half of 2010. Mattson Technology designs, manufactures and markets semiconductor wafer processing equipment for use in the fabrication of integrated circuits. The company supplies plasma and rapid thermal processing equipment to the global semiconductor industry.…

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WednesdayDec 16, 2009 2:27 pm

Options Media Group Holdings, Inc. (OPMG.OB) is “One to Watch”

Options Media Group Holdings, Inc. is an email services provider for on-demand e-mail marketing. The company also provides precision direct marketing solutions. These include email marketing, sms/mobile marketing, sms/keyword marketing, custom lead generation, and creative services. Options Media Group Holdings, Inc. trades on the OTC Bulletin Board and they have their headquarters in Boca Raton, Florida. Options Media Group designs custom email delivery solutions for companies that require more than a basic "cookie-cutter" delivery solution. The solutions they provide include a complete ASP solution, consultation services, and stand-alone software. The Company's clients are industry leading email marketing firms and agencies.…

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WednesdayDec 16, 2009 12:28 pm

Best Energy Services, Inc. (BEYS.OB) Awarded 2-Year Contract for Workover Rigs in Hugoton Basin

Best Energy Services, Inc. revealed this morning its selection by an undisclosed but major oil and gas company to provide up to six of its workover rigs for continuous operation during the interval of a 2-year contract. A one-year contract, with an option for one additional year, slated to begin January 1, 2010, has been signed by BEYS, which was selected via a sealed bid process begun by the customer in October 09. Natural gas prices in the Hugoton Basin, where the Company currently operates 9-11 rigs, were noted by BEYS to have risen over the last month, stimulating increased…

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WednesdayDec 16, 2009 12:24 pm

Advanced Life Sciences Holdings Inc. (ADLS.OB) Makes Pivotal Advance with Tularemia Animal Study

Located in Woodridge, Illinois, Advanced Life Sciences is a state-of-the-art biopharmaceutical company that is engaged in the discovery, development and commercialization of novel drugs in the therapeutic areas of infection, cancer and respiratory diseases. One such disease that Advanced Life is fighting to combat is Tularemia. Tularemia is a deadly bacterial disease that is commonly transmitted to humans through contact with infected rodents or through insects that carry Francisella tularensis, which is classified by the Department of Defense and Department of Health and Human Services as one of the most deadly serious biological weapons along with anthrax and plague. Today,…

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WednesdayDec 16, 2009 12:21 pm

Carrizo Oil & Gas, Inc. (CRZO) Sells Partial Interest in Properties

Carrizo Oil & Gas, Inc. recently signed an agreement to sell an interest in some of its oil and gas properties to the Sumitomo Corporation for $15.7 million. Sumitomo Corporation will receive a 12.5% interest in 16 drilling units located in the Barnett Shale in the Fort Worth Basin in North Texas. Each drilling unit comprises multiple existing and future well locations. The company also renegotiated its borrowing base with its lenders, raising the base from $284 to $350 million. The extra liquidity provided by the agreement with Sumitomo Corporation and the increased borrowing will allow the company to complete…

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WednesdayDec 16, 2009 10:23 am

Cemtrex, Inc. (CTEI.OB) Announces Rebate from Xcel Energy for Customers Utilizing the Company’s Green DCV Systems

Cemtrex, Inc., a worldwide market leader in manufacturing and selling the most advanced instruments for emission monitoring of particulate, opacity, mercury, sulfur dioxide, nitrogen oxides and filtration products, recently announced that Xcel Energy of Colorado will issue a 20 percent rebate to customers who install Cemtrex’s Green DCV energy-saving equipment. Cemtrex’s Green DCV systems, an innovative energy-efficiency solution for high-quality green building applications, utilize carbon dioxide sensors to monitor buildings’ CO2 levels and regulate air handling systems to improve air quality and save energy. The company’s Green DCV systems can reduce energy costs by up to 40 percent in buildings…

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TuesdayDec 15, 2009 3:17 pm

EVCARCO (EVCA.OB) Positioned to Capitalize on Alternative Fuel Vehicle Market Trends with Texas Dealership

EVCARCO markets clean technologies in plug-in electric, pre-owned hybrids. The automotive retail group is a developing dealer network for eco-friendly dealerships in the United States. The company’s dealership model balances low overhead and high ROI, giving customers a choice of new or pre-owned environmentally friendly vehicles. Dale Long, CEO of EVCARCO said the company is following “strong trends” in the automotive industry, supported by a recent JD POWER and Associates study claiming that hybrid vehicles are set to achieve record U.S. sales this year. As part of the company’s previously stated expansion strategy, it plans on opening its first dealership…

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