QualityStocks Stock Newsletters Archives - Page 777 of 1818

ThursdayMar 19, 2009 10:20 am

Wall Street Reacts to Unemployment Report; Pink Slips a Common Conversation Starter

It’s common for casual conversation to turn to the economy, and it’s even more common for talk of who got laid off and how long ago. It’s a tiresome conversation reflecting a stressful economic environment that has spurred a wealth of “How NOT to get Laid Off,” articles and networking groups. And even though jobless claims fell more than was expected last week, there are economists that warn it’s going to get worse before it gets better. According to the Labor Department, continuing jobless claims hit a new high for the eighth consecutive week. While first-time requests for unemployment benefits…

ThursdayMar 19, 2009 7:29 am

Cary Claiborne Appointed CEO of New Generation Biofuels, Inc. (NGBF)

New Generation Biofuels Holdings, Inc. announced yesterday that it has appointed Mr. Cary Claiborne as its new President and Chief Executive Officer. Mr. Claiborne will also retain his role as Chief Financial Officer and has joined the Board of Directors. In late 2007, Mr. Claiborne joined New Generation Biofuels as the company's Chief Financial Officer. Prior to this role, he had a distinguished career as the Chief Financial Officer of Osiris Therapeutics (NASDAQ: OSIR), as well as in various roles with leading American corporations, including Constellation Energy (NYSE: CEG), Home Depot (NYSE: HD) and General Electric (NYSE: GE). "Cary brings…

ThursdayMar 19, 2009 5:39 am

Gulf Resources, Inc. (GFRE.OB) CEO Presents at The World Money Show Hong Kong

Gulf Resources, Inc., a leading manufacturer of bromine, crude salt and specialty chemical products in China, announced that Xiaobing Liu, the company’s recently appointed Chief Executive Officer, gave a presentation at the World Money Show Hong Kong this week. In his presentation, Mr. Liu gave an overview of the company’s product mix, manufacturing facilities and resources, as well as financial performance. He specifically emphasized that Gulf Resources’ future expansion strategy will primarily focus on capturing a larger market share based on consolidation of bromine resources and streamlining of distribution, in addition to strengthening the company’s oil and gas exploration chemical…

ThursdayMar 19, 2009 5:27 am

Obama Stocks

Talk about a no brainer, Citigroup Inc. (NYSE: C) was beaten down to the one dollar range, so it had no place to go but up. Add to that two sure fire buy signals, a huge short interest that had to start short covering and the fact that banks are getting blank checks from their favorite uncle, and you have a classic powder keg. Citi is already nearing a triple from its lows. It’s these types of returns that have investors asking, “Where are the next opportunities?” While the banks will be the biggest beneficiaries, by far, they’re not the…

ThursdayMar 19, 2009 5:24 am

KANA Software, Inc. (KANA.OB) to Enhance Com Hem’s Customer Service

KANA Software, Inc., a leading multi-channel customer service provider, announced today that its services were selected by Com Hem, one of the leading providers of triple-play services (including cable TV, digital television, broadband, telephony and HDTV) in Sweden. Com Hem offers over 140 television channels and is a premier media, entertainment and telecommunications provider for over 33 percent of Sweden’s households. KANA’s multi-channel knowledge solutions will allow Com Hem service agents to quickly respond to customer queries, reduce handling time and identify solutions. The company’s solutions will also increase first-call resolution as agents will be provided with advanced search capabilities…

ThursdayMar 19, 2009 5:13 am

Ross Stores, Inc. (ROST) Announces Record Fourth Quarter and Fiscal Year 2008 Earnings

Before the opening bell, Ross Stores, Inc. announced earnings per share for the 13 weeks ended January 31, 2009 of $.76, up 9% from $.70 for the 13 weeks ended February 2, 2008. Net earnings for the 13 week period grew to a record $97.4 million, up from $94.5 million for the 13 weeks ended February 2, 2008. Sales for the 13 weeks ended January 31, 2009 increased 5% to $1.734 billion compared to $1.652 billion for the 13 weeks ended February 2, 2008. For the year ended January 31, 2009, earnings per share grew 23% to $2.33 compared to…

ThursdayMar 19, 2009 4:54 am

I GREEN INNOVATIONS, Inc. (IVOT.OB) Removes Dilutive Instrument from its Balance Sheet

iVoice Technology, Inc., d/b/a I GREEN INNOVATIONS, Inc. (OTCBB: IVOT) announced this morning that the company has amended the rights of the holders of its Series A Secured Preferred Stock, effectively removing the right for holders to convert their Preferred Stock into Common Stock. According to the press release, the company has $1.44 million of Preferred Stock issued and outstanding. The company also removed the right for holders of the Preferred Stock to vote their stock as Common Stock. Jerry Mahoney, Chairman of I GREEN INNOVATIONS, commented, "We have shown that we are committed to maximizing shareholder value for I…

WednesdayMar 18, 2009 11:19 am

Fed to Buy Up to $300 Billion in Treasuries; Stocks Rally

The Federal Reserve announced that it will begin buying Treasuries to help open up tight credit markets. The central bank plans to purchase up to $300 billion of longer-term Treasury securities over the next six months. Upon announcement of the decision, both government bonds and bank stocks soared. Quincy Krosby, who helps manage $298 billion as chief investment strategist at the Hartford in Hartford, Connecticut, commented, “The Fed is all in and they’re going to do whatever it takes to kick-start the economy. It’s good for stocks because the more the economy picks up the more companies profits and revenues…

WednesdayMar 18, 2009 10:39 am

Enable IPC Corp. (EIPC.OB) Ships First Round of Electrodes to Madrid, Applicable for Renewable Energy Market

Enable IPC Corp. offers streamlined strategies for transforming technologies into products, and introducing them into the marketplace. The company today announced it has shipped its first batch of ultracapacitor electrodes to IMDEA Energia in Madrid, Spain. The ultracapacitor is one of Enable IPC’s two break-through energy technologies, which launches the company into the multi-billion renewable energy market. Enable IPC’s ultracapacitor electrodes will be applied to a power conditioning unit by IMEDA and renewable energy manufacturer Green Power, as part of a demonstration in part of the SA2VE project, a program pushed and sponsored by the Spanish government to focus on…

WednesdayMar 18, 2009 9:42 am

Organic To Go™ (OTGO.OB) Opens Franchise Location to Bring Healthy, Fresh Food Items to San Diego International Airport

Organic To Go™ (OTGO.OB) was pleased to announce today its first grab-and-go franchise site at the San Diego International Airport (SDI). Organic To Go is the nation’s first fast-casual chain to be certified by the USDA as an organic retailer. The company’s new, fully branded Organic To Go site is located in the food court of Terminal 1 at SDI. Organic To Go specializes in providing fresh and healthy “clean” food that is free of pesticides, chemicals, antibiotics, additives, growth hormones, or genetic modifications. Whenever possible, the company uses ingredients that are certified organic and locally sourced. The new site…

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