QualityStocks Stock Newsletters Archives - Page 802 of 1818

MondayJan 12, 2009 2:11 pm

China Runji Cement Inc. (CRJI.OB) is “One to Watch”

Headquartered in Anhui Province, China Runji Cement Inc. is a leading player in cement production and distribution. Trading on the OTCBB, the Company's markets include main local cities such as Hefei, Nanjing, and Liu'an in the region. Founded in 2003, China Runji Cement Inc.’s certified manufacturing facilities contain premier technology and equipment and are capable of producing up to two million tons of cement yearly. On November 1, 2007, the Company completed a reverse merger with FitMedia Inc. They proceeded to change the name of the Company to China Runji Cement Inc. Today, the Company mainly focuses their production efforts…

MondayJan 12, 2009 9:36 am

UCBH Holdings, Inc. (UCBH) Welcomes Doreen Woo Ho as President of Community Banking

Today, UCBH Holdings, Inc. announced that it has appointed Ms. Doreen Woo Ho as President of Community Banking, effective January 8, 2009. In this role, Ms. Ho will lead the company’s strategic community banking initiatives for all of its domestic U.S. markets. Thomas S. Wu, Chairman, President and Chief Executive Officer of UCBH Holdings, Inc., stated, “We are very pleased to have Ms. Ho join our executive management team in this key position," said Thomas S. Wu, Chairman, President and Chief Executive Officer of UCBH Holdings, Inc. "With the strong and unique banking platform that we have built in the…

MondayJan 12, 2009 9:27 am

GE Drivetrain Technologies to Supply 900 Wind Turbine Gearboxes to A-Power Energy Generation Systems (APWR) and Establish Joint Venture

Today shortly before the opening bell, GE Drivetrain Technologies, a unit of GE Transportation, and A-Power Energy Generation Systems announced that they have inked two Letters of Intent (LOI). One dictates GE Drivetrain Technologies will supply A-Power with 2.7 megawatt (MW) wind turbine gearboxes, while the other establishes a Joint Venture partnership for a wind turbine gearbox assembly plant. As terms of the agreement, GE Drivetrain Technologies will supply A-Power with 900+ 2.7 MW gearboxes beginning next year. ''We're excited about the opportunity to serve A-Power," commented Prescott Logan, Business Leader GE Drivetrain Technologies. ''The speed and focus that A-Power…

MondayJan 12, 2009 9:11 am

Stocks Slide Ahead of Earnings Reports

As of 12:05 PM EST, the DOW is down 102.43 points (-1.19%) as investors anxiously await earnings reports expected later this week. Wall Street is anticipating bleak fourth-quarter and full-year numbers, especially after quite a few companies warned last week that they are being hit hard by the recession. "It's to be expected that there will be some retrenchment," said Scott Armiger, portfolio manager at Christiana Bank & Trust. "Before Friday, the market was up 20 percent, and so you have to fully expect 'OK, this is not going to recover straight up. It's going to be jagged.'" Let us…

MondayJan 12, 2009 8:29 am

Excitement is Brewing with Magnum D’Or Resources, Inc. (MDOR.OB)

Magnum D'Or Resources, Inc. announced last week that it has established tentative plans for corporate expansion and is preparing announcements that will be released during the current year. According to the press release, expansion and joint venture projects may exceed $50 million this year. The company owns the exclusive rights to an array of next generation cost-saving custom compounds, patents, process technology, and trade secrets that enable rubber to be reconstituted and specially blended into EPDM powders, and EPDM compounds. Magnum intends to continue developing new high tech custom compounds, processing aids, recycling solutions, and advanced state-of-the-art equipment. The tentative…

FridayJan 09, 2009 1:14 pm

Emmis Communications Corp. (EMMS) Announces Financial Results of 3rd Quarter

Today before the opening bell, Emmis Communications Corp. reported its third fiscal quarter results ended November 30, 2008. For the quarter, net revenue was $85.1 million, compared to $90.6 million for the same quarter of 2007. Diluted net income per common share from continuing operations was ($3.45), compared to ($0.21) for the same quarter of the prior year. Without a non-cash impairment charge of $3.51 per share, the company’s diluted net income per common share from continuing operations would have been $0.06. Following the announcement of the financial results, Emmis’ stock rose over 46% in morning trading hours. Emmis Chairman…

FridayJan 09, 2009 9:37 am

Daystar Technologies Inc. (DSTI) Ramping Utility Level CIGS Solar Panel Production

First generation products are always a nice “gee-whiz” sort of thing. Following-generation products, unfortunately, need to deal with the realities of a product performing to a certain level. In most instances, making the leap to this following level is a difficult one as most consumers of the following generation product have a certain expectation of what the product needs to be able to do. If an investor can find that following generation product and a solid manufacturer behind it, he/she may have a solid route to profit. Daystar Technologies Inc., a thin-film photovoltaic products company, develops, manufactures and markets photovoltaic…

FridayJan 09, 2009 8:01 am

Circuit City Stores, Inc. (CC) in Discussions Regarding Possible Buyout/Financing

Circuit City Stores, Inc. announced that it is currently in discussions with two interested parties that may either buy the company or provide the funding necessary to keep the electronics retailer in business. "While the company is optimistic that a transaction can be successfully finalized, no assurance can be given that this will occur," the company said in a statement. Circuit City also stated that sales trends have improved significantly during the last two weeks of December, although overall revenues have been below projections. But the company did say that it has been able to manage expenses and improve gross…

FridayJan 09, 2009 7:41 am

China Gengsheng Minerals, Inc. (CHGS.OB) Enters Partnership with Chinalco’s Gongyi Division

China Gengsheng Minerals, Inc. announced this morning that it has forged a supply partnership for bauxite with Aluminum Corporation of China's Gongyi Division, which produces bauxite from its mine in Gongyi City of Henan Province. This mine, with an estimated reserve of 12 million tons and estimated life of 25-30 years, will be used to supply 150,000 – 250,000 tons of bauxite per year to Gengsheng as raw materials for refractory and fracture proppant products. According to the press release, the company will pay a slightly-below-market price for Chinalco Gongyi's bauxite. "This long-term strategic supply partnership is meant to ensure…

FridayJan 09, 2009 7:33 am

Anesiva, Inc. (ANSV) Receives FDA Approval for Supplemental New Drug Application to Expand Zingo(TM) Indication

Anesiva, Inc. announced today that the U.S. Food and Drug Administration (FDA) has approved its supplemental New Drug Application (sNDA) to expand the indication for Zingo(TM) to treat adults’ pain associated with blood draws. Previously, Zingo (lidocaine hydrochloride monohydrate) powder intradermal injection system was only approved to treat the pain caused by peripheral IV insertions and blood draws in children aging 3-18 years. As announced in November of last year, Anesiva ceased Zingo commercial activities to focus efforts on the development of Adlea(TM). This non-opioid, long-acting analgesic drug candidate was designed to mange the acute pain that follows orthopedic surgeries.…

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