QualityStocks Stock Newsletters Archives - Page 824 of 1818

ThursdayNov 13, 2008 8:42 pm

Bookham Inc. (BKHM) Receives Excellent Core Partner Award from Huawei

Bookham, Inc., a leading provider of optical components, modules and subsystems, said today that it was awarded the Excellent Core Partner Award from Huawei. Huawei is a global leader in the manufacturing of telecommunications equipment. Bookham President and CEO, Alain Couder, accepted the award on the company’s behalf at Huawei’s 2008 Core Partner Convention. Huawei’s management complimented Bookham, stating, "We are pleased to give the 2008 Excellent Core Partner Award to Bookham as they have been a core optical component and module supplier to Huawei for many years. We are very pleased with Bookham product performance, the delivery, the service…

ThursdayNov 13, 2008 8:41 pm

Axial Vector Energy Corporation (AXVC.PK) is Focused on Protecting its Revolutionary Technologies

Axial Vector Energy Corporation (AXVC.PK), a global solutions provider who owns, develops and licenses advanced internal combustion engine and power generator technologies that have unlimited potential in military, industrial, and commercial applications around the world, has trademark applications pending with the United States Patent and Trademark Office and the Canadian Intellectual Property Office for protection of the mark “AV” and “AVE.” Axial Vector Energy Corporation offers significant growth potential with its revolutionary engine and generator technologies. The company’s Piezoelectric Liquid Injector is a fuel or liquid injector, which includes a needle valve and a piezoelectric actuator that bears a hydraulic…

ThursdayNov 13, 2008 2:45 pm

Nashville Bank & Trust Co. (NVBT.OB) Showing Almost 25% Growth in Assets, Deposits

Nashville Bank & Trust Company (NVBT) announced its third quarter results Thursday, sustaining what FDIC guidelines call a “well capitalized” bank. Third quarter net income for the local bank was $66,000, with year-to-date net income exceeding $362,000 – after income taxes of $224,000 were paid. The bank’s 3Q net income in 2007 was $454,000, with an income tax benefit rolled over after posted losses in prior years. Year-to-date non-interest income was $1,837,000 compared to $1,487,000 for the first nine months of 2007. The bank says this increase was due mainly to continued growth in the bank's wealth management business where…

ThursdayNov 13, 2008 1:33 pm

OECD: “Developed World in Recession”

According to the French Organization for Economic Cooperation and Development (OECD), the developed countries of the world are now facing a deeply-troubling recession that the group expects to last "at least through the first half of 2009". Rapidly contracting GDPs are just one effect of the crisis, although, while the OECD says that "projections point to a protracted downturn", it has been indicated that the group believes the U.S. to be the nation that will ultimately deliver the global economy from a frightening reality. Let us hear your thoughts below:

ThursdayNov 13, 2008 1:32 pm

More Mortgage Rate Cuts

For the second week in a row, rates on 30-year fixed-rate mortgages fell; this week to an average of 6.14 percent, in what experts are calling an indication of increasing concern over ever-weakening financial conditions. It is anticipated that the Federal Reserve will announce even further cuts at the year's final meeting in December. While rates on all other types of mortgages fell this week, 1-year adjustable-rate loans showed a small increase. Let us hear your thoughts below:

ThursdayNov 13, 2008 1:32 pm

Extremely Volatile Session Ends on High Note

Shortly after 12:00 pm ET on Thursday, it seemed like the market was heading for the fourth-straight day of losses, however, afternoon trading brought a sharp 900-point surge that left the Dow Jones industrial average up over six percent, with other indices experiencing similar increases. Early losses were partially attributable to a Labor Department report that put newly-filed jobless claims at a 7-year high, as well as continuing evidence of suffering in the consumer sector, however investors could not resist the cheap prices that resulted. Let us hear your thoughts below:

ThursdayNov 13, 2008 11:30 am

Hoku Scientific Inc. (HOKU) Subsidiary Signs Supply Agreement with Leading Alloy Producer; Secures Stronghold in Renewable Energy Market

Hoku Materials Inc., a wholly owned subsidiary of clean energy technology company, Hoku Scientific Inc. (Nasdaq: HOKU), today announced a silicon metal supply agreement that will supply Hoku with guaranteed amounts of metallurgical grade silicon for three years beginning in 2009. Hoku’s agreement with leading alloy producer Polymet Alloys Inc. and its allied partner Rima Industrial S.A., will allow Hoku to use the grade silicon to manufacture trichlorosilane, an integral material in solar grade polysilicon production. "Hoku is pleased to have established this partnership with Polymet Alloys Inc. and Rima Industrial S.A., leaders in the silicon metal industry," Dustin Shindo,…

ThursdayNov 13, 2008 11:01 am

NetSol Technologies, Inc. (NTWK) Has another Strong Quarter

NetSol Technologies, Inc., global provider of financial and other enterprise software solutions and business services, today released positive first quarter 2009 financial results. Quarterly revenues increased 7.5%, to $9.3 million, over the same period last year. Part of this was due to a 33% increase in license fees to $2.5 million. In addition, GAAP net income increased approximately 18%, to $1.0 million, from the same period last year. Another measure of the company’s operating trends is EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization). NetSol reported EBITDA of $2.3 million for the quarter, a 21% increase over the $1.9 million…

ThursdayNov 13, 2008 10:59 am

China Opportunity Acquisition (CHNQ.OB) Announces Merger Agreement with Chinese Specialty Steel Company

China Opportunity Acquisition Corporation, a New Jersey investment company set up to search out and acquire or control a uniquely positioned Chinese operating business, announced success today in an agreement to merge with one of China’s leading specialty steel producers. The Chinese company is called Golden Green Enterprises, Ltd. (“BVICo”), and its steel producing subsidiary is called Henan Green Complex Materials Co., Ltd. (“Ge Rui”). Under terms of the agreement, BVICo will be the surviving entity, with Ge Rui’s current management team remaining in place. China Opportunity’s Chairman and CEO, Harry Edelson, will become a director of the combined company,…

ThursdayNov 13, 2008 8:44 am

China Rita Power Co. (CRTP.OB) Finishing 2008 Lead-acid Battery Expansion Plans, Telecom & Light Electric Vehicles Power Growth

The need for more advanced energy storage devices is becoming more and more apparent as alternative energy sources proliferate. The power generated by solar or other alternative energy sources needs to be stored efficiently. The old reliable lead-acid battery is still the battery of choice and provides the lion’s share of the work-load, but eventually other types of batteries will be needed. Until that time, lead-acid batteries will continue to hold their charge so industries and consumers can go about their business. China Rita Power Co., a lead acid battery manufacturing company, works to manufacture and market lead acid batteries…

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