QualityStocks Stock Newsletters Archives - Page 72 of 1818

TuesdayMar 20, 2012 2:50 pm

Brigus Gold Corp. (BRD) Offers Report on Black Fox Mine Project in Ontario, Expects Output Increase by Year’s End to 25k Ounces

Today, Brigus Gold, the rapidly emerging mid-tier Canadian gold developer, offered a status and operational update report for the year, revealing a strong focus on improving output at the company’s Black Fox Mine in Timmins, Ontario. The company has slated a 25k ounce per quarter target for steady state output from Black Fox by year’s end, and this project, combined with BRD’s several other projects in North America, places the company squarely among the forefront of emerging Canadian mid-tier precious metal developers. From the head office in Halifax, BRD administrates a growing network of projects, with the Goldfields Project outside…

TuesdayMar 20, 2012 12:23 pm

Car Charging Group, Inc. (CCGI) and Kettler Ink Agreement to Provide Electric Vehicle Charging Stations

Car Charging Group, a nationwide provider of electric vehicle (EV) charging services, today announced it has entered into an agreement with Kettler Inc., a leading multifamily housing developer, in which CCGI will provide EV charging services at various Kettler properties on the east coast. CCGI will install its Level II EV charging stations in select Kettler housing properties, providing 240 volts with 32 amps of power to quickly refuel an EV’s battery. CCGI’s EV charging stations utilize the industry-wide standard connector adopted by nearly all automobile manufacturers. The agreement positions CCGI and Kettler as property partners; as such, the two…

TuesdayMar 20, 2012 12:20 pm

AirTouch Communications, Inc. (ATCH) Ramps Production of Telecommunication Devices

AirTouch Communications, designer and marketer of wireless telecommunications devices, today announced that it is increasing the production of its SmartLinX™ family of home/office convergence communications devices. The first units are slated for shipping in the first half of this year, and will be delivered to landline operators in the United States, as well as to Telmex, Latin America’s largest landline operator. "Our SmartLinX™ family of products offer a unique value by solving problems smartphone users face every day in a highly convenient, economical package which is easily upgradable. In addition to the interest we have received from major telecommunications carriers…

TuesdayMar 20, 2012 12:15 pm

Housing Permits Near 3 1/2 Year High

The latest piece of economic data suggests that the recovery of the U.S. economy continues to gather steam, even in the stagnant housing market. Permits for home building in February edged near a 3 1/2 year high. New building permits surged 5.1% to a seasonally adjusted annual rate of 717,000 units last month. This was the highest reading since October 2008 and exceeded most economists' expectations. Actual housing starts in February slipped 1.1% to a rate of 698,000 units, which was somewhat below expectations of 700,000 units. January's housing starts were revised upward a bit from 699,000 units to 706,000…

TuesdayMar 20, 2012 9:31 am

California Gold Corp. (CLGL) Provides Update on Mining Operations in Mexico

California Gold issued an operational update on its recent mining activities in Mexico, where the company has been developing an exploration program on properties prospective for gold and other minerals. California Gold plans to begin exploratory drilling at the AuroTellurio Project in April 2012. This project is located in Sonora, Mexico, near the city of Hermosillo, and is near to productive mines operated by other companies. California Gold said that the exploratory drilling program will consist of six core holes on the property, totaling 3,000 meters. The company has analyzed two recent geological surveys to find three prospective areas at…

MondayMar 19, 2012 3:07 pm

Friendly Energy Exploration (FEGR) Focuses on Established, Low-Risk Oil and Gas Fields to Solidify Expanding Position in Domestic Oil and Gas Industry

Friendly Energy Exploration, an oil and gas E&P developer with a keen emphasis on low-cost recovery in Texas and Oklahoma via undeveloped reserves with minimal downside risks and substantial upside, recently reported that the company would be re-entering several dormant wells on the Byler Lease in TX’s Brown County. This comes quickly after the March 5 announcement regarding the company’s expansion in South Texas as part of its ongoing bid to research and develop regional resources while solidifying the company’s footprint in the state. Having picked up key leases in San Patricio County with extant producing wells and several shallow…

MondayMar 19, 2012 2:30 pm

SPAR Group, Inc. (SGRP) Posts Q4, Full-year 2011 Financial Results

SPAR Group Inc., a global supplier of retail merchandising and other marketing services, today announced its 2011 fourth quarter and year-end financial results. For the three months ended December 31, 2011, SPAR reported revenues of $23.6 million, a 26 percent increase compared to $18.7 million reported for the comparable period of 2010. International revenues for the quarter increased 55 percent to $13.4 million compared to $8.7 million for the same quarter of 2010. Fourth-quarter gross profit increased 11 percent to $7.3 million in 2011, compared to $6.6 million in the same period of 2010. Domestic gross profit margin was 36.5…

MondayMar 19, 2012 1:36 pm

BioShaft Water Technology, Inc. (BSHF) Wins Contracts in the Middle East

BioShaft Water Technology is a designer and manufacturer of domestic, municipal, and industrial wastewater treatment plants. Its worldwide patented systems eliminate sludge and the associated sludge components found in conventional wastewater treatment systems. In addition, the company's BioShaft systems reduce odors and cost much less than its rivals' systems. The company today reported the awarding of several contracts to install its innovative wastewater treatment and recycling systems in the Middle East. The countries awarding contracts to BioShaft include Saudi Arabia, Bahrain, and the United Arab Emirates. Specifics of the contract follow: • In Saudi Arabia's capital city of Riyadh, the…

MondayMar 19, 2012 1:31 pm

Recon Technology, Ltd. (RCON) Brings Revolutionary Baker Hughes Frac-Point, Multi-Stage Fracturing Technology to Sinopec

Today, Recon Technology, which has built a strong reputation within China’s burgeoning oil field services industry as a 10-year veteran, non-state owned, broad spectrum provider of ingenious software and field service equipment engineered to improve efficiency/automation, reported debut of the Baker Hughes Frac-Point™ Completion System 3 to Sinopec’s Zhongyuan oilfield (China Petroleum and Chemical Corp.) via one of the company’s variable interest entities, Beijing BHD Petroleum Technology Co., Ltd. This powerful horizontal fracturing technology allowed Sinopec to bring in a dense sandstone horizontal well which required multi-state fracking, thus placing BHD in a prime position to benefit off Sinopec’s continuous…

MondayMar 19, 2012 1:21 pm

Broadcast International, Inc. (BCST) Completes $6.9M Equity Financing

Broadcast International, a provider of video management software and services for next-generation video IP networks, today announced the completion of its private placement equity financing with a group of institutional and qualified individual investors for gross proceeds of $6.95 million, which the company plans on using for marketing purposes, as well as to reduce long and short-term debts. After paying financing-related costs, the company will have net proceeds of approximately $5.2 million. As part of its debt reduction strategy, Broadcast International paid $2.75 million in cash and 2 million shares of common stock to its senior convertible note holder in…

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