QualityStocks Stock Newsletters Archives - Page 797 of 1818

TuesdayJan 27, 2009 7:37 am

Fed Expected to Keep Rates at Record Lows; Examines other Methods of Revitalizing Economy

Federal Reserve Chairman Ben Bernanke and his colleague will be opening a two-day meeting this afternoon where they will reassess the current state of economy and financial conditions. It is almost certain that they will leave the key interest rate at a record low to battle the stubborn recession. At last month’s meeting, the Fed made history by slashing its key rate from 1 percent to a new, targeted range of between zero and 0.25 percent. Many economists anticipate that the Fed will leave rates at that range throughout the rest of 2009. The Fed may also unveil new actions…

TuesdayJan 27, 2009 7:15 am

German American Bancorp, Inc. (GABC) Achieves Remarkable Results during 2008

Today, German American Bancorp announced that even with the slowing economic environment, it has achieved record 2008 financial performance, earning $12,803,000, or $1.16 per share. In comparision, the company reported net income of $9,405,000, or $0.85 per share, in 2007. Mark Schroeder, President & Chief Executive Officer, commented, "We are pleased to report a continuation of the Company's strong financial results in the fourth quarter and throughout 2008, a feat made even more remarkable given the events of the past year and the many issues facing the national economy. Despite these significant challenges, we enjoyed solid performance throughout our Company,…

TuesdayJan 27, 2009 7:04 am

Lawson Software (LWSN) Provides Innovative Analytics Packages for Manufacturers and Distributors Looking to Save Money

Today, Lawson Software announced that it has launched two new analytics applications designed to help companies improve decision-making and find ways to increase profitability. The core offering, Lawson M3 Analytics, focuses on four key business areas: sales, finance, procurement and warehousing/logistics; while M3 Analytics for Manufacturing provides additional manufacturing-specific analysis capabilities. Commenting on the effect the software has had on his business, Martin Murgatroyd, head of IT for Brunner Mond, stated, “Lawson M3 Analytics offered a fast and affordable way for us to get the business intelligence we need to help us better manage our operations and customer service levels.…

TuesdayJan 27, 2009 5:22 am

Axial Vector Energy Corporation (AXVC.PK) Offers Versatile Technology Applicable to Nearly Any Industry

We've heard about Axial Vector's cutting-edge power generation technology, and the application of its advanced engines to everything from boats and cars, to aircraft. The truth is, the possibilities are virtually endless. For instance, the Axial Vector engine is thought to be a sure-fire way of advancing the field of personal watercraft manufacturing. Having fewer components than conventional engines, Axial Vector's system is far lighter than the competition without sacrificing horsepower. In marine applications, this decreases the overall weight of the vessel, resulting in a higher-powered craft. Jet-ski manufacturers who implement Axial Vector's engine are sure to gain the upper-hand…

MondayJan 26, 2009 2:07 pm

JetBlue Airways Corporation (JBLU) Should Be Put on Radar

JetBlue Airways Corporation provides passenger air transportation services in the United States. Founded in 1998, the Company has their headquarters in Forest Hills, New York. Trading on the NASDAQ, the Company created a new airline category, which they based on value, service, and style. JetBlue is America's first and only airline to offer their proprietary Customer Bill of Rights. They promise meaningful and specific compensation for customers inconvenienced by service disruptions within the Company's control. The Company operates approximately 600 daily flights. They serve 51 destinations in 21 states, Puerto Rico, Mexico, and the Caribbean. They have a strong business…

MondayJan 26, 2009 2:02 pm

Labopharm Inc. (DDSS) is “One to Watch

Headquartered in Laval, Quebec, Canada, Labopharm Inc. is optimizing the performance of existing small molecule drugs using their proprietary controlled-release technologies. The Company's lead product is being commercially launched in key markets globally. This product is a unique once-daily formulation of tramadol. Their second product, a novel formulation of trazodone for the treatment of major depressive disorder, is under regulatory review by the FDA. The Company also has a pipeline of follow-on products in both pre-clinical and clinical development. Their corporate mission is to become an integrated, international, specialty pharmaceutical company with the capability to internally develop and commercialize their…

MondayJan 26, 2009 10:15 am

Modavox, Inc. (MDVX.OB) Files Patent Infringement Lawsuit Against AOL, Time Warner, Inc. and Platform-A, Inc.

Today before the opening bell, Modavox announced that it has filed a lawsuit against AOL LLC, Time Warner, Inc. and Platform-A, Inc. in the United States District Court for the Central District of California (Case No. CV08-05914 SJO PJWx), stating that the companies are infringing on United States Patent No. 6,594,691, 'Method and System for Adding Function to a Web Page,' and United States Patent No. 7,269,636, a continuation of the original patent that provides additional details of the invention assigned to Modavox. According to the press release, the company also amended a claim against AOL for trademark infringement, Unfair…

MondayJan 26, 2009 10:06 am

Beacon Power Corp. (BCON) and National Grid Enter Agreement to Evaluate Flywheel Technology for Grid Applications

In today’s news, Beacon Power Corp. announced that it has signed an information sharing and performance evaluation agreement with National Grid (NYSE: NGG), an energy utility company with a market cap of more than $22 billion. National Grid will evaluate Beacon’s flywheel energy storage systems for fast-response frequency regulation, as well as wind-related ramp mitigation – a potentially large-scale grid stability application. Beacon will work with National Grid to predict future increases in the demand for regulation capacity resulting from greater deployment of wind power. The companies will also work together to develop an optimal control algorithm for Beacon’s fast-response…

FridayJan 23, 2009 8:34 am

EZCORP, Inc. (EZPW) Recognizes Positive Fiscal 2009 First Quarter Results

Yesterday after the closing bell, EZCORP, Inc. announced that its net income for the quarter ended December 31, 2008 increased 18% to $14,828,000 ($0.33 per share) from the prior year’s $12,555,000 ($0.29 per share). Included in the figure is an unusual pre-tax charge of $1,110,000 ($0.02 per share) related to a 1998 stock option grant. Not including this charge, the company earned $0.35 per share compared to $0.29 in the prior year quarter, an increase of 21%. Last month, the Company acquired 67 stores from Value Financial Services for a purchase price exceeding $100 million. The company issued approximately 4,072,000…

FridayJan 23, 2009 8:26 am

Geron Corp. (GERN) Gains FDA Clearance to Begin World’s First Human Clinical Trial of Embryonic Stem Cell-Based Therapy

History was made today as Geron Corp. announced that the U.S. Food and Drug Administration (FDA) has granted clearance of the company’s Investigational New Drug (IND) application for the clinical trial of GRNOPC1 in patients with acute spinal cord injury. This unprecedented clearance enables the company to move forward with the world’s first study of a human embryonic stem cell (hESC)-based therapy in man. “The FDA’s clearance of our GRNOPC1 IND is one of Geron’s most significant accomplishments to date,” stated Thomas B. Okarma, Ph.D., M.D., Geron’s president and CEO. “This marks the beginning of what is potentially a new…

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