QualityStocks Stock Newsletters Archives - Page 652 of 1818

MondayNov 09, 2009 10:54 am

General Steel Holdings Inc. (GSI) Beats Estimates by 100%, Looks to Capitalize Further on Internal Chinese Infrastructure Development

In past posts, a discussion about " hitting 'em where they ain't" has been going on. Generally, as the economy and equities take hold once again, this is a solid perspective to consider for profit. There are, however, a few common realities to also consider. What is happening now on the ground, so-to-speak, cannot be ignored. China’s spending of its stimulus monies happens to be one of these realities. While the US and Europe are somewhat constrained by political issues, China is not. The Chinese government works quick and decisively. If it wants domestic spending for infrastructure development, it gets…

MondayNov 09, 2009 10:49 am

Ocean Power Technologies (OPTT) Captures $66.5M Grant to Develop Wave Power

Ocean Power Technologies (Australasia) Pty Ltd (OPTA), a subsidiary of Ocean Power Technologies, Inc., announced on Friday, November 6, the award of a grant from the Federal Government of Australia (FGA). This grant to OPTA, in partnership with Leighton Contractors Pty Ltd (Leighton), is for $66.46M to build a wave power project off the Australian coastline near Victoria, expected to generate power in the 19-megawatt (MW) range. This project is the sole wave power-based item among four renewable energy projects awarded funding by the FGA. OPTA and Leighton have formed a special-purpose company, Victorian Wave Partners Pty Ltd, via a…

MondayNov 09, 2009 9:40 am

Clear Channel Outdoor Holdings, Inc. (CCO) Adds Debbie Reichig to SVP of Business Development and Marketing

Clear Channel Outdoor Holdings, Inc. has gained a stellar reputation in the marketplace as the world’s largest outdoor advertising company with close to one million displays. Clear Channel has a vast global reach with these displays, not only in the United States, but also in over 50 countries across 5 continents. Today, Clear Channel took a major step towards enhancing their future with the announcement that Debbie Reichig will be added to their team to serve in the capacity of Senior Vice President of Sales and Marketing. Reichig is a veteran in the industry and gained notoriety when she was…

MondayNov 09, 2009 9:29 am

Chindex International, Inc. (CHDX) Reports Profit for Second Fiscal Quarter

Chindex International, Inc. reported net income of $538,000 or $0.03 per share, in its second fiscal quarter of 2010. This was down sharply from the $862,000 or $0.05, reported in the same quarter last year. Revenues for the quarter were $38.1 million, approximately equal to last year’s second fiscal quarter. Roberta Lipson, the CEO of Chindex International, Inc., said, “Our second quarter reflects continued growth in the Healthcare Services division, offset by disruption related to construction at our Beijing facility…As we enter the back half of the fiscal year, we remain extremely well-positioned to capitalize on China's premium-quality healthcare services…

MondayNov 09, 2009 9:27 am

AdvanSource Biomaterials Corporation (ASB) Files Patent for Newly Launched ChronoSil Polymer Product

AdvanSource Biomaterials Corp., a leading developer and manufacturer of advanced polymer materials that provide critical characteristics in the design and development of medical devices, recently announced that the company has filed a patent for its newly launched ChronoSil polymer product, a silicone-urethane copolymer. The company’s biomaterials are used in devices that are designed for treating a broad range of anatomical sites and disease states. The ChronoSil product family maintains the inherent benefits of a polycarbonate-based urethane combined with silicone’s industry-recognized advantages, including heightened elongation, superior elasticity and a low coefficient of friction. “We were pleased to announce our new biomaterial…

MondayNov 09, 2009 9:20 am

Diamond Hill Investment Group, Inc. (DHIL) Reports Third Quarter Results

Diamond Hill Investment Group, Inc. last week reported net income of $3.20 million, or $1.23 per diluted share, for the quarter ending 9/30/09. These results were up strongly from the $1.22 million, or $0.50 per diluted share, reported in the same quarter of 2008. The management of Diamond Hill Investment Group, Inc. attributed the results to a positive investment return of $2.0 million during the quarter. Ric Dillon, the President, said, "Our primary business objective is to fulfill our fiduciary responsibility to our clients by achieving excellent long term investment returns. I am pleased that our strategies have generally outperformed…

FridayNov 06, 2009 4:19 pm

Lion Energy, Southern Star Energy (SSEY.OB), Gold Star Resources Fuse to Create Combined Company with Promising Growth Opportunities

Lion Energy Corp. is a Canadian exploration company focused on the acquisition, exploration and development of oil and gas reserves in Central and East Africa. The company today made a joint announcement with Southern Star Energy Inc. (SSEY.OB), a U.S.- based oil and gas exploration company, and Gold Star Resources Corp. (TSX-V: GXX), a Canadian resource exploration company focused on the strategic acquisition and advancement of prospective oil and gas projects in West Africa, stating that the three companies have signed a non-binding letter of intent to create a mid-sized, “well-capitalized” company with domestic and international exploration operations. The proposed…

FridayNov 06, 2009 12:04 pm

Continucare Corp. (CNU) First Quarter Fiscal Year 2010 Results Show 116% Increase in Operating Profit

Continucare Corp. yesterday reported its first quarter fiscal year 2010 financial results. The company reported a 113% increase in net income and continued strength in the business with higher quarter-ending cash and working capital balances. Richard C. Pfenniger, Jr., Continucare’s Chairman and Chief Executive Officer commented, “We are extremely pleased with our first quarter results,” “Record revenues, improved utilization outcomes and operating efficiencies resulted in a 113% increase in net income. Also, during the quarter we added an important new dimension to our business with the launch of Seredor Corporation and the acquisition of our first sleep diagnostic centers.” First…

FridayNov 06, 2009 10:09 am

UFP Technologies, Inc. (UFPT) Reports Net Income of $2.1 Million for Third Quarter

UFP Technologies, Inc., a leading designer and manufacturer of interior protective packaging solutions, recently announced the company’s third quarter earnings, ended September 30, 2009, with net income of $2.1 million or $0.34 per diluted share. Sales for the third quarter totaled $27.6 million, slightly higher than 2008 third quarter sales of $27.5 million. For the nine-month period ended September 30, 2009, UFP Technologies reported net income of $3.0 million or $0.49 per diluted common share outstanding, compared to $4.0 million or $0.63 per diluted common share outstanding for the corresponding nine months in 2008. Sales over the same time period…

FridayNov 06, 2009 10:07 am

AMCON Distributing Co. (DIT) Reports Record Fully Diluted Earnings per Share

AMCON Distributing Company is a leading wholesale distributor of consumer products including beverages, candy, tobacco, frozen and chilled foods, groceries, and health and beauty care products. The company distributes these products in the states of Nebraska, Missouri, Illinois, Arkansas, North Dakota and South Dakota. The company's two wholly-owned subsidiaries, Health Food Associates and Chamberlin's Natural Foods, operate health and natural product retail stores in Florida, Oklahoma, Kansas, Missouri and Nebraska. The company recently announced that it had record fully diluted earnings per share of $16.61 on net income available to common stockholders of $12.4 million for the fiscal year ended…

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