QualityStocks Stock Newsletters Archives - Page 816 of 1818

WednesdayNov 26, 2008 10:01 am

China Cuts Interest Rates by 1.08%

Today, China announced its largest interest rate cut in 11 years to encourage borrowing as well as its support of a multibillion-dollar stimulus package to boost slowing economic growth. Jing Ulrich, chairwoman of China equities for JP Morgan & Co., stated, “This is the most aggressive monetary easing in recent years and should bode well for China's market performance.” This interest rate cut is the fourth cut made in the last three months and is several times larger than the other three cuts as they were only 0.27 percentage points. Even with the large cut, Ulrich believes the effectiveness will…

WednesdayNov 26, 2008 9:52 am

Markets Rise for Fourth Consecutive Day after Obama Comments

Currently, the DOW is up over 89 points as stocks continue to recover from last week’s losses. Initially, the markets were down from yesterday’s close after reports of more economic weakness, but Obama's promise that “help is on the way” outweighed the negative reports. Todd Salamone, director of trading and vice president of research at Schaeffer's Investment Research in Cincinnati, had this to say, “Expectations have come down, but the big question is if that's rational or not. Certainly the stock market and the credit markets have suggested there might be some rationale in that, but time will tell." Let…

WednesdayNov 26, 2008 9:08 am

Macatawa Bank Corp. (MCBC) Continues to Find Conservative Neighborhood Banking Practices Profitable

As larger financial institutions struggle with fancy financial instruments and rescue packages, there are many smaller banks in the US that continue to loan and make money as they can. The local bank, where the loan officer actually remembers your name, is doing well and looking to capitalize when and where it can. As with any business in difficult financial times, there are losses to be had, but these types of banks have stepped up to lessen them. Macatawa Bank Corp., a Michigan Chartered Bank, operates 26 FDIC insured retail branch offices throughout western Michigan. The company has been experiencing…

WednesdayNov 26, 2008 6:24 am

CMG Holdings, Inc. (CMGO.OB) is Gaining Traction in the Marketing and Entertainment Industries

CMG Holdings, Inc. (CMGO.OB) is a full-service global marketing and communications, media and entertainment holding company, focusing on commercial rights, talent management and event management services. The company’s commercial rights division includes branding, consulting, endorsements, licensing, sponsorships and sales through creation of branding and image marketing tools to generate client brand recognition. CMG’s talent management services includes management of personalities through full-service representation and individualized attention to their client’s business opportunities and engineering opportunities in packaging clients with corporate sponsors. The company’s extensive event management services include marquis hospitality, sponsorships, licensing, production and implementation of events. Launched in 2008, CMG…

TuesdayNov 25, 2008 10:17 am

Dassault Systèmes (DASTY) Rolls Out V6R2009x as Part of V6 Platform Innovation

Dassault Systèmes is a global leader in 3D and Product Lifecycle Management (PLM) solutions, delivering services to more than 100,000 customers in 80 countries. The company today announced the launch of the latest version of its new platform, V6R2009x, which is designed to extend the value of a customer’s existing PLM assets. The 2009x is part of the V6 portfolio, which is used by many companies in the architecture industry, as well as household names like Proctor & Gamble for consumer packaged goods; Nikon in high tech applications; as well as in industrial equipment, life sciences, automotive and aerospace industries.…

TuesdayNov 25, 2008 9:18 am

Argan, Inc. (AGX) has an Eye on the Future with Power Production as its Focus

Argan, Inc., through its Gemma Power Systems subsidiary, is focused on designing and building energy plants. These plants utilize petroleum fuel as well as alterative energy including ethanol, biodiesel and renewable energy sources such as wind and solar power. The company also provides inside premise wiring services to the federal government and manufactures, packages, and distributes premium nutraceutical products. In recent news, the company announced revenues of $75 million for Q2 2008 versus $53 million for Q2 2007, a 41.3% increase. The company’s Gemma Power Systems subsidiary contributed 94.1% of total revenues and showed significant gains in EBITDA. Argan’s backlog…

TuesdayNov 25, 2008 8:41 am

Lappola Industries Inc. (LPADE.OB) Finds Solid Q3 Spray Foam Insulation Growth in Down Cycle, Distribution & Service Network May Offer Opportunity

As the markets continue to waffle, perhaps the astute investor should be looking for opportunities. There are companies muddling through a slower cycle and happy to be doing so as their brethren falter. Finding those companies that are moving through the current cycle with less difficulty usually indicates a product and management structure that is more resistant to cycles and ready to be expanded into a more diversified company as conditions improve. These types of companies are far and few between, but can lead to a nice long term profit if developed and cared for in the right way. Lappola…

TuesdayNov 25, 2008 8:32 am

Chancery Resources, Inc. (CCRY.OB) Reveals Strategy and Corporate Goals to Investors

Today, Chancery Resources revealed the details of its strategy and corporate goals. The company reaffirmed its focus on acquiring, developing, and expanding potential prospects to proven gold and mineral properties into world-class assets. Their goal is to increase shareholder value for shareholders and partners in a socially and environmentally responsible manner. For the upcoming year, the Company stated it will drill on HCL property, a block of adjacent mining claims in British Columbia, to discover new gold zones at depth and along strike zone. Chancery has strategically designed a 15,000 meter exploration program to test for new zones and N.I.…

TuesdayNov 25, 2008 8:18 am

Peregrine Pharmaceuticals, Inc. (PPHM) Receives New U.S. Patent for Anti-Viral Applications of Phospholipid-Targeting Antibodies

Peregrine Pharmaceuticals announced that the U.S. Patent and Trademark Office issued U.S. Patent Number No. 7,455,833 to the company. This patent includes broad claims covering anti-viral applications of antibodies that directly bind to aminophospholipids. According to the press release, the aminophospholipid family of phospholipids represents a novel target for anti-viral therapies. Steven W. King, president and CEO of Peregrine, commented, “Issuance of this broad anti-viral patent significantly expands our intellectual property leadership the field of phospholipid-targeting antibodies. Antibodies falling under the scope of this new patent are already showing promise in preclinical studies of lethal virus diseases including hemorrhagic fever…

TuesdayNov 25, 2008 8:10 am

XsunX, Inc. (XSNX.OB) Signs Sales Contract to Supply 15 Megawatts of its ASI-120 Solar Modules

XsunX, Inc. announced today that it has entered into a two-year supply contract to sell 15 megawatts of its ASI-120 thin-film photovoltaics solar modules. The company purchasing the modules is a full service solar power company specializing in commercial and solar farm projects located in California and Hawaii. Tom Djokovich, CEO of XsunX, stated, "We are pleased to announce this sales agreement to supply 15 megawatts of our ASI-120 TFPV solar modules. This agreement represents approximately $37 million dollars in total contract value with an initial 5 megawatts valued at $13 million slated for delivery in calendar 2009, and the…

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