QualityStocks Stock Newsletters Archives - Page 668 of 1818

FridayOct 16, 2009 10:40 am

API Nanotronics Corp. (APIA.OB) Reports Record First Quarter Revenues of $9.2 Million and Completes Cryptek Acquisition for Expansion in Defense and Secure Communications

API Nanotronics Corp., a prime contractor for secure communications and electronic components to the global defense and aerospace industry announced operating results for the first quarter of fiscal 2010 ended August 31, 2009. Financial Highlights: -- Net revenue for the first quarter of fiscal 2010 was $9.2 million, a 16% increase over fiscal 2009 first quarter revenue of $7.9 million. This revenue includes the contribution from Cryptek as at the date of the acquisition on July 07, 2009; -- First quarter Gross Profit increased to $2.3 million in the first quarter of fiscal 2010 compared to $2.1 million in the…

ThursdayOct 15, 2009 2:39 pm

Poly-Pacific International Inc. (PLYPF.OB) Announces Joint Venture to Address Environmental Concerns Associated with Abandoned Oil and Gas Wells

Poly-Pacific International Inc. is a company engaged in eco-friendly solutions for soil remediation. The company today announced a joint venture with CREEnergy Oil and Gas Inc., in which both companies will emerge with equal ownership of newly formed Poly Cree Remediation (PCR), a company created for soil remediation on abandoned oil and gas wells. "The reclamation and restoration of abandoned oil and gas drill sites is an excellent addition to the company's mission of being an innovator of eco-friendly solutions to industrial waste by-products," Randy Hayward, president of Poly-Pacific stated in the press release. "We look forward to a close…

ThursdayOct 15, 2009 1:55 pm

Uranium Energy Corp. (UEC) to Purchase South Texas Mining Venture

Uranium Energy Corp. was pleased to announce that it has entered into an agreement with URN Resources Inc., a subsidiary of Uranium One Inc., and an agreement in principle with Everest Exploration Inc., to collectively acquire a 100% ownership interest in the South Texas Mining Venture, L.L.P. (STMV), a Texas limited liability partnership. Uranium Energy has already entered into a Securities Purchase Agreement with South Texas Mining Venture. This purchase agreement will grant both Uranium Energy and URN Resources a 99% interest in South Texas Mining Venture’s common stock. Further, Uranium Energy Corporation has agreed to issue 2,500,000 shares of…

ThursdayOct 15, 2009 1:47 pm

Capital Gold Corp. (CGLD.OB) Reports 29% Increase in Revenues and 64% Increase in Net Income for Fiscal Year 2009

Capital Gold Corp. reported a 64% increase in net income and a 29% increase in revenues for the fiscal year ended July 31, 2009, as compared to the previous year. Royalties represented approximately $41 and $52 of both cash and total costs per ounce sold for the years ended July 31, 2009 and 2008, respectively. "Cash costs per ounce sold" is a non-GAAP measure which includes all direct mining costs, refining and transportation costs, by-product credits and royalties. "Total cost per ounce sold" is a non-GAAP measure which includes "cash costs per ounce sold" as well as depreciation and amortization.…

ThursdayOct 15, 2009 12:50 pm

Scorpio Mining Corp. (SPM.TO) Announces Acquisition of Platte River Gold

Scorpio Mining Corp. (TSX: SPM) is a junior Canadian mining company which is primarily exploring and developing the Nuestra Senora project in Mexico. The company's property mainly holds silver, but also has been found to contain copper, zinc and lead deposits. The company today announced the proposed acquisition of privately-held Platte River Gold and all of its assets, including four significant mining projects in Mexico. The transaction will involve the issuance of approximately 74.8 million common shares of Scorpio Mining, resulting in Platte River shareholders owning approximately 40% of the outstanding shares of Scorpio Mining after the deal is completed.…

ThursdayOct 15, 2009 12:28 pm

US Labor Market Shows Continuing Signs of Improvement

A continued decline in initial claims for unemployment resulted in roughly 10,000 fewer than last week’s upwardly revised total of 524,000. For the fifth time now in six weeks, this figure has declined, beating the Thomson Reuters forecast by 2%, with the four-week average falling six times in a row to 531,500. The initial claims figure is incredibly important because it is a direct expression of lay-offs and the overall propensity within the labor market for hiring. Several economic analysts have pegged the floor below 200,000 job losses for October, which would set a record for the year. However, the…

ThursdayOct 15, 2009 12:21 pm

Ahead of the Curve in New Technologies

The information age is a rather daunting time. This, that and the other thing are all presented with one slant or another. Where the stock market is concerned, however, information is a real investment. One needs to weigh thoughts and ideas carefully, but nonetheless consider differing ideas and options. QualityStocks offers these thoughts and ideas to aid investors with their choices in the investment area. Where these choices lead the investor is up to the market. In today’s earnings season there are many choices being made. Some may suggest that this particular earnings period could be one of the most…

ThursdayOct 15, 2009 9:30 am

ClearOne Communications, Inc. (CLRO) Reports Fiscal 2009 Results

ClearOne Communications, Inc. reported revenues of $7.1 million for its fourth fiscal quarter ending 6/30/09. This was down sharply from the $9.6 million in the same quarter last year. The company’s net loss was $402,000, or $0.04 per share, for the quarter. ClearOne Communications, Inc. earned $3.2 million, or $0.31 per share, in the same quarter last year. The company blamed the loss on the global recession. Zee Hakimoglu, the CEO of ClearOne Communications, Inc., said, “Our revenue in fiscal 2009 was impacted by global economic conditions, including a worldwide decline in technology spending.” Hakimolu was more optimistic about the…

ThursdayOct 15, 2009 9:27 am

Descartes Systems Group (DSGX) Joins Prestigious Network

Descartes is a Canadian company that enables organizations with logistics-intensive businesses to save money by improving the productivity and performance of their operations. Descartes took a major step towards enhancing their future when they joined the SAP’s industry value network for travel and logistics services. The SAP industry value network is a major coup for the young company because it works closely with independent technology vendors, system integrators and customers to identify purpose solutions for priority industry needs and creates opportunities for such companies. Leading the way at Descartes is their CEO Art Mesher. A renowned name in the industry,…

ThursdayOct 15, 2009 9:22 am

Lake Victoria Mining Co. (LVCA.OB) Uses New Trenching Program to Search for Parallel Gold Veins.

Lake Victoria Mining Company yesterday reported the recent use of a new trenching program for locating new quartz veins at the company's Singida Gold project in central Tanzania. The company has announced that detailed mapping and trench wall sampling has commenced as the new project suggests that three new veins may have been exposed in the trenches. Roger Newell, Lake Victoria's president stated, "Within only 20 meters to the north east of the already defined 5km gold vein trend we encountered 3 new veins within 1 to 2 meters of the surface, right where our interpreted magnetic images had indicated.…

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