WednesdayJan 21, 2009 12:34 pm

Famous Dave’s of America, Inc. (DAVE) Opens New Bar-B-Que Restaurant in Washington

Today, Famous Dave’s of America, Inc. announced that it has opened another award-winning BBQ restaurant two days ago in Everett, WA. The new Famous Dave’s Legendary Pit Bar-B-Que® restaurant is located at the Everett Mall. Christopher O’Donnell, President and CEO of Famous Dave’s, stated, “Famous Dave’s is extremely proud to become a part of the City of Everett, winner of the prestigious All-America City Award. The community values that the award celebrates are values that we believe in strongly. We look forward to serving up our award-winning BBQ in Everett for a long, long time, and becoming deeply ingrained in…

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WednesdayJan 21, 2009 9:06 am

Woodward Governor Company (WGOV) Announces Financial Results for Q1 2009

Woodward Governor Company reported its financial results for its first quarter of fiscal year 2009. Net sales for the quarter totaled $344.7 million, up 27 percent from the same period of last year. Net earnings for the quarter were $27.1 million, or $0.39 per share, compared with $25.3 million, or $0.36 per share, in last year's first quarter. Chairman and Chief Executive Officer Thomas A. Gendron stated, "Growth continued in our businesses and markets through our fiscal first quarter, although at a more moderate pace than in recent quarters. We remain focused on cost control and capitalizing on opportunities that…

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WednesdayJan 21, 2009 8:45 am

Green Plains Renewable Energy, Inc. (GPRE) Announces Acquisition of Majority Interest in Biofuel Terminal Operator Blendstar, LLC

Today, Green Plains Renewable Energy, Inc. acquired 51% of Houston-based biofuel terminal operator Blendstar, LLC for $9.0 million. Blendstar currently operates terminal facilities in Oklahoma City, Little Rock, Nashville, Knoxville, Louisville and Birmingham, and has plans to build terminals in Collins, Mississippi and Shreveport, Louisiana. Todd Becker, Chief Executive Officer, stated, "Through Blendstar, we are making an important investment in downstream biofuel enterprises. The Blendstar platform allows customers to source, store and blend ethanol and biodiesel to meet growing demand, now and in the future. Green Plains will continue to be a Blendstar customer, and the relationship should benefit Green…

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WednesdayJan 21, 2009 7:57 am

A Look at Axial Vector Energy Corp.’s (AXVC.PK) Latest Presentation

Axial Vector Energy Corp. recently published a new presentation on their website that gives investors with an overview of their products, the unique advantages they provide, as well as the company’s targeted markets. Full color images of the motors and generators they are working on are also included in the presentation. To view the 22-page document, visit http://www.axialvectorengine.com/docs/AVEC_Presentation.pdf Let us hear your thoughts: Axial Vector Energy Corp. Message Board

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TuesdayJan 20, 2009 11:04 am

Mantra Venture Group Ltd. (MVTG) has a Unique Approach to the Alternative Energy Industry

In November of 2007, Mantra Venture Group acquired 100% ownership of an invention for the electro-reduction (“ERC”) of carbon dioxide (“CO2”). MVTG has explored other alternative energy related opportunities, but its main focus is currently on the commercialization and licensing of the ERC technology. During the ERC process, CO2 is converted from an atmospheric pollutant into usable compounds, including formic acid, a naturally occurring, biodegradable chemical that has numerous commercial and industrial applications. The company also anticipates that the complementary nature of ERC and the electro-oxidation process that drives fuel cells may make it possible to use ERC in a…

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FridayJan 16, 2009 7:09 am

Stereotaxis, Inc. (STXS) Reports Preliminary Fourth Quarter Results

Today, Stereotaxis announced that it expects revenue for its fourth quarter ended December 31, 2008 to total approximately $12 million, which is 17% greater than the revenues generated during the same quarter in 2007. Furthermore, the company stated it anticipates a net backlog of Niobe and Odyssey systems of approximately $70 million. "Our preliminary fourth quarter revenue results demonstrate that even in the current environment of constrained hospital capital equipment spending, Stereotaxis systems continue to be regarded as strategically important to the installation of electrophysiology (EP) cath labs ," said Michael P. Kaminski, Stereotaxis President and CEO. "We also are…

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FridayJan 16, 2009 6:55 am

ERF Wireless, Inc. (ERFW.OB) and Schlumberger (SLB) Enter Exclusive Reseller Agreement for United States and Canada

Today before the bell, ERF Wireless, Inc. and Schlumberger announced that they have signed an exclusive agreement for delivery of wireless broadband services throughout North America. As terms of the agreement, Schlumberger will exclusively resell wireless broadband and WiMAX terrestrial communications products and services from ERF Wireless in the North American oil and gas market. "This joint contract with ERF Wireless provides Schlumberger with the ability to deliver cost effective ubiquitous communications to the oil and gas industry in the ERF Wireless coverage areas," stated Slavo Pastor, vice president, Schlumberger Information Solutions, North America. "This will increase real-time activities and…

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FridayJan 16, 2009 6:50 am

RTI Biologics, Inc. (RTIX) Announces Unaudited Revenues for 2008; Projects 2009 Revenues

RTI Biologics, a company focused on providing sterile biological implants for surgeries around the world, announced that its unaudited 2008 full year revenues are $146.6 million and fourth quarter revenues are $37.3 million, both up significantly from 2007’s full year revenues of $94.2 million and fourth quarter revenues of $25.5 million. The increase in year-over-year revenues was primarily caused by the inclusion Tutogen Medical’s revenues since the completion of the merger last February. The company also also reiterated today that its outlook for 2009 full year revenues is anticipated to be between $166 million and $168 million with earnings per…

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FridayJan 16, 2009 5:45 am

Stay on the Look Out for Axial Vector Energy Corp. (AXVC.PK) Acquisitions

In September of last year, Axial Vector Energy Corp. announced that it had formed a wholly-owned subsidiary solely focused on acquisition. The new subsidiary, AVEC Strategic Acquisitions Corp., is led by Mr. Sanjai Chhaunker, the President and CEO of Axial Vector. Mr. Sanjai is working alongside Mr. Behzad Khakouei, Director of Strategic planning at AVEC. Mr. Chhaunker, stated, “Our strategic plan calls for acquiring businesses that complement our core technology and allow our revenue stream to grow more rapidly. With the proper structure and financing now in place, we will proceed to finalize our discussions on companies that we have…

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ThursdayJan 15, 2009 10:07 am

House Democrats Propose $825 Billion Stimulus Bill

Today it was announced that House Democrats, working closely with President-elect Barack Obama, have proposed an $825 billion stimulus bill to revive the waning economy. The legislation calls for tax cuts of $275 billion over the next two years and federal spending of approximately $550 billion with strong emphasis on energy, education, health care and highway construction. "Immediate job creation and continuing job creation" are the two main goals, Speaker Nancy Pelosi, D-Calif., said at a news conference. The number of those jobless has risen sharply in recent months, and Obama has warned the jobless rate could reach double digits…

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