QualityStocks Stock Newsletters Archives - Page 822 of 1818

MondayNov 17, 2008 12:02 pm

Nanogen, Inc. (NGEN) Revenues Up, Costs Down

Nanogen, Inc., global developer of molecular diagnostic test kits, announced remarkable revenue and cost figures for the third quarter of 2008. Not only did revenues increase by a whopping 64% to $13.8 million compared to the same quarter in 2007, the company also managed to slash sales costs by 31%. The combination has accelerated the company’s move to profitability, especially in light of the recently announced plans to merge next year with French diagnostics company Elitech. Nanogen Chairman and CEO, Howard C. Birndorf, summarized the importance of the results. “Our third quarter results continue to show the excellent progress we…

MondayNov 17, 2008 11:59 am

China Yingxia, Inc. (CYXI.OB) Quarterly Revenues Double

China Yingxia International, Inc., provider of nutritional food products and supplements primarily for the Chinese market, announced a doubling of revenues for the third quarter ending September 30. Revenue shot up to $7.5 million, a staggering 112% from the same quarter last year, while net income jumped 88%, to $3.2 million. The increase is due largely to the growth in nutritional foods, an expanding area of focus for the company. China Yingxia expanded its sales channels during the third quarter of 2008, adding 146 new franchise stores. China Yingxia founder and CEO, Ms. Yingxia Jiao, commented on the good news.…

MondayNov 17, 2008 11:53 am

New Products and Contracts Generate Positive Q3 Results for China Energy Recovery Inc. (CGYV.OB)

China Energy Recovery Inc. (OTCBB: CGYV) engages in energy recovery systems with a focus on the Chinese market. The company captures industrial waste energy and uses it to generate low-cost electrical power, enabling companies to lower energy costs and reduce their carbon footprint. China Energy today announced its financial results for the nine months and third fiscal quarter ended September 30, 2008. "We announced last quarter that our company has been producing new products at an accelerated rate, and we're pleased to see that at this point in time China Energy Recovery is setting historical records for that growth," China…

MondayNov 17, 2008 8:05 am

Kodiak Energy Inc. (KDKN.OB) Readies Winter Drilling Program, Comparisons to Barnett Shale Made

Now that oil and gas prices have retreated from unsustainable levels, oil and gas exploration and development companies have begun to step back and assess where their prospects for future development and profit lie. Some may sell percentages of leases while others may drill. Having data in hand to make longer term decisions will be a key element for smaller oil and gas companies going forward. Finding those companies, that have planned for the long haul, is the path to profit. Finding them is the trick. Kodiak Energy Inc., a development stage oil and gas exploration company, works to develop…

MondayNov 17, 2008 5:04 am

ZAGG, Inc. (ZAGG.OB) Announces a 376 Percent Increase in Quarterly Sales

ZAGG, Inc. (ZAGG.OB), a leading provider of protective film coverings for personal electronics under the brand name invisibleSHIELD, recently announced its financial results for the third quarter of 2008 ending September 30, 2008. The company reported a significant year-over-year increase in revenues and positive net income for the third quarter and year-to-date. Net sales for the third quarter of 2008 climbed to approximately $6.9 million, an increase of 376 percent compared to net sales of $1.4 million for the third quarter of 2007. The company’s quarterly gross profit totaled $4.4 million, or 64.7 percent of sales, compared to $1.1 million,…

FridayNov 14, 2008 8:00 pm

China Wind Systems, Inc. (CWSI.OB) 3Q Reports Revenues, Profits Leap

China Wind Systems released its third quarter figures Friday. Net revenues increased to $11.8 million or 47.1 percent from September to September 2008 and gross profits grew 24.8 percent in the same time period to $30 million. “We are pleased to report strong growth in the sales of our forged wind-power products, which are becoming an increasing part of our revenue mix and which we hope will continue to increase as we begin production at our new facility this month," said Mr. Jianhua Wu, China Wind Systems chairman and CEO. Net income was $1.9 million, or 3 cents per diluted…

FridayNov 14, 2008 7:58 pm

GeoPharma, Inc. (GORX) Releases Fiscal ’09 2Q Financial Results

On Thursday, GeoPharma announced second quarter financial results of the period ended September 30, 2008, posting some impressive figures for fiscal year 2009. Highlights for the quarter included an amazing display of growth in the company's distribution revenues, which increased by more than 700 percent over the second quarter of fiscal 2008. Overall revenues reached $16,039,751, reflecting an increase of 166 percent over the same period a year prior. Despite operating in a relatively tumultuous financial environment, the company managed to more-than double its gross profits, from $1,457,936 in the second quarter of fiscal 2008, to its present level of…

FridayNov 14, 2008 2:14 pm

Waiting to Exhale: Help for the Big Three?

It appears that help for the nation's three largest automakers will continue to be delayed as supporters of aid for Detroit met with vehement opposition from Washington. While most believe that a bailout is imminent, Hank Paulson is standing firm on leaving TARP funds for banks, even as the auto industry suffers. According to the Center for Automotive Research, a major failure in Detroit could spark the loss of 2.5 million jobs, and up to $125 billion in personal income. Turn-around expert Wilbur Ross warns that leaving the automakers for bankruptcy could cause far greater damage to the economy than…

FridayNov 14, 2008 2:13 pm

FDIC Plan Could Prevent 1.5 Million Foreclosures

The Federal Deposit Insurance Corporation on Friday proposed the use of $24 billion in government funding in an effort to save up to 1.5 million American homeowners from foreclosure. Providing resistance to the idea that the money might come from the recently passed $700 billion rescue bill, the Treasury Department holds firm to the notion that taxpayers' money should be utilized for investments which carry a possibility of returns. Supporters of the plan may have to wait until January to see action, as the FDIC is receiving little support from the current administration. Let us hear your thoughts below:

FridayNov 14, 2008 2:11 pm

Stocks Fail to Hold Thursday’s Gains

In a display of erratic trading, just a day after one of the biggest rallies on record, indices were hit hard toward the end of the session. The Dow closed at 8,497, falling 337 points, or 3.82 percent. Losses were even more pronounced on the Nasdaq, which dropped five percent. A possible contribution to the afternoon's disruption came from Federal Reserve Chairman Ben Bernanke, who remarked that the markets continue to exhibit "severe strain". Let us hear your thoughts below:

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