MondayOct 26, 2009 8:35 am

Wayne Savings Bancshares, Inc. (WAYN) Reports Second Quarter Profit

Wayne Savings Bancshares, Inc. reported earnings for its second fiscal quarter of 2009 totaling $652,000, or $0.23 per share. This was up slightly from the $601,000, or $0.21 per share, it reported in the same quarter last year. Wayne Savings Bancshares, Inc. achieved year over year growth in net income despite a quadrupling of loan loss reserves from $100,000 to $380,000. The bank reported 1.37%, or $5.5 million, of its total assets as nonperforming as of 9/30/2009. The bank saw its net interest income increase $284,000 on a year over year basis as interest expenses fell by a greater amount…

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MondayOct 26, 2009 8:32 am

Park City Group, Inc. (PCYG.OB) Previews Strong First Quarter Results

Park City Group, Inc., a retail supply chain solutions company, Friday announced that it expects fiscal first quarter Earnings per Share and EBITDA to exceed expectations with improvement driven by strong revenue growth and expense management initiatives. Highlights of fiscal first quarter preliminary results for the quarter ended September 30, 2009 are below: • Revenue in the range of $2.6 and $2.7 million vs. $530,000 in the first quarter of fiscal 2009. The revenue increase was primarily due to the acquisition of Prescient Applied Intelligence, Inc. in January of 2009. • Sequential quarterly EBITDA improvement of 60% with first quarter…

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MondayOct 26, 2009 8:30 am

American Apparel (APP) Announces Opening of Newest Clothing Store in Ideal Canadian District

American Apparel is a vertically integrated branded fashion apparel in downtown Los Angeles. Operating more than 275 retail stores in 20 different countries, the company recently announced its newest store opening in Victoria, British Columbia. The store is located on Lower Johnson Street, a short walk from popular boutiques, restaurants and cafes in the area. The company renovated the 3,000-square-foot space with archive photos of the building’s original look. "Lower Johnson is the perfect street for our brand and we were very set on having our only store in Victoria on this street as opposed to the malls or another…

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MondayOct 26, 2009 8:25 am

Investing in the Age of Twitter: Introducing QualityStocksTwits, Enabling Real-Time Discussion and Discovery

QualityStocks, a free service that collects data from hundreds of Small-Cap and Micro-Cap online Investment Newsletters into one free Daily Newsletter Report, today announces the introduction of QualityStocksTwits (“QSTwits”). Available FREE at www.QualityStocksTwits.com, the Web 2.0 site collates Twitter’s investment discussions in real-time, enabling investors to track the web’s savviest investors as well as build their own following. Social media has changed the way we research companies and how information gets processed. QSTwits gathers data from Twitter on any company, big or small. With QSTwits, users can eavesdrop on what traders are talking about right now or contribute to the…

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MondayOct 26, 2009 8:15 am

Axial Vector Energy Corp. (AXVC.PK) Sets Sights on Dubai Award for Sustainable Transport Under Environmental Protection Category

Axial Vector Energy Corporation announced today its entry for the Environmental Protection Category for the Dubai Award for Sustainable Transport 2nd Edition, under the patronage of HH Sheikh Hamdan Bin Mohammed Bin Rahid Al Maktoum, Crown Prince of Dubai & Chairman of Dubai Executive Council. This particular award displays Dubai's leadership in supporting sustainable transport to make the world a better place. According to the press release, AVEC'S "ultra clean hybrid taxi" would provide the Dubai government a 50% fuel savings and a 75% reduction in exhaust gases for Dubai Taxi Corporation (DTC) at Roads and Transport Authority (RTA) fleet.…

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FridayOct 23, 2009 2:04 pm

Aethlon Medical, Inc. (AEMD.OB) Up 105% Following Mention in QualityStocks Newsletter

Aethlon Medical Inc.’s stock is currently trading at $0.585 per share, higher by $0.115 or 24.47% for the day on volume of about 2 million shares which is nearly twice the average daily volume. The company's shares are up after they were highlighted in the October 19th edition of the QualityStocks FREE Daily Newsletter. At that time, the stock was trading for only $0.285 a share, which means that in just a few short days, investors could have more than doubled their money on Aethlon Medical. Aethlon Medical creates diagnostic and therapeutic device solutions for infectious disease and cancer. During…

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FridayOct 23, 2009 12:03 pm

Cord Blood America, Inc. (CBAI.OB) Details its Business Strategy for 2010

Cord Blood America, Inc., (“CBA”) parent company of CorCell, the first licensed private cord blood bank in the United States, detailed its 2010 business strategy today in an interview posted at their corporate site. The interview explains CBA’s move to a new location, where corporate offices and an important new laboratory are being finalized. It also discusses the company’s finances and success stories for 2009. CBA, through its wholly-owned subsidiary CorCell, collects, tests, processes and stores umbilical cord blood for use in stem cell therapy. This is an innovative approach to health insurance, offering customers the ability to protect their…

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FridayOct 23, 2009 11:58 am

U.S. September Sales of Existing Homes Jump More Than Expected

Sales of existing US homes climbed in September to the highest level in more than two years as first-time home buyers rushed to take advantage of a tax credit before it runs out. The National Association of Realtors reported that purchases jumped 9.4% to a 5.57 million annual rate, which was more than the 5.09 million rate in August and above economists' forecasts of a 5.35 million annual rate. First-time home buyers are taking advantage not only of low mortgage rates but also of the tax credit which gives buyers a tax credit of 10 percent of the sales price,…

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FridayOct 23, 2009 11:56 am

Syntec Biofuel, Inc. (SYBF.OB) Changes Name and Expands into Natural Gas and Coal

Syntec Biofuel Inc. has announced today that it will apply to change its name to Synthenol Inc. in order to differentiate the company from a conventional biofuel business. The company's technology is based on a single process of converting syngas, generated from biomass, natural gas or coal, to ethanol, methanol, propanol and butanol. The company has identified two reasons for the name change. First, the deletion of the term 'biofuel' highlights Syntec's unique difference from companies producing solely corn, wheat and cellulosic ethanol. The company believes its range of four products poses a lower investment risk than producing a single…

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FridayOct 23, 2009 9:25 am

Iteris (ITI) Announces Quarterly Financial Results

Iteris, Inc., a leader in advanced traffic management technologies, today reported financial results for its fiscal quarter ending September 30, 2009. Net sales and revenues increased 1.6% over the preceding quarter, from $14.6 million to $14.9 million, primarily the result of a 20.5% increase in the sale of Roadway Sensors and a 30.5% increase in the sale of Vehicle Sensors. Growth was partially offset by a 16.9% decrease in Transportation Systems contract revenues. In addition, gross margins increased to 44.2%, compared to 38.1% for the preceding quarter, and compared to 41.3% in the same quarter of the prior fiscal year,…

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