QualityStocks Stock Newsletters Archives - Page 828 of 1818

TuesdayNov 11, 2008 8:44 am

Is General Motors Corp. (GM) Prepared to Radically Change?

Shares of General Motors hit a 60-year low today on market worries that the automotive giant will burn through their cash reserves in the first quarter of 2009. The Company has a $6.9 billion burn rate. With the current cash on hand number being $16.2 billion, you can see that the situation is ugly. To make the picture even uglier, Standard and Poor’s cut GM’s credit rating on Friday from B- to a CCC+. If GM can't complete asset sales, raise money in the financial markets, or get government assistance, the company will be short next year. A financial collapse…

TuesdayNov 11, 2008 8:40 am

BioSolar, Inc. (BSRC.OB) Continues its Move toward Full-Scale Commercial Production

BioSolar, Inc. has developed a breakthrough technology to produce bio-based materials from renewable plant sources, effectively reducing the cost per watt of solar cells. Most of the solar industry is focused on photovoltaic efficiency to reduce cost. BioSolar is the first company to introduce a new dimension of cost reduction by replacing petroleum-based plastic solar cell components with durable bio-based components. By removing petroleum from solar cells, BioSolar makes solar energy a true green source of energy. The company expects to begin commercial production of its BioBacksheet(TM) over the next few months and is gearing up for pre-production runs. There…

TuesdayNov 11, 2008 8:38 am

Fisker Automotive, Inc. to Open New Facility in Pontiac, Michigan; Utilizes Quantum Technologies, Inc. (QTWW) for Hybrids

Fisker Automotive, Inc. is an American premium car company with a cutting edge. Fisker cars use technology created by Quantum Technologies (QTWW) to achieve the world’s first true luxury plug-in hybrid sports car – The Fisker Karma. Quantum designs and manufactures state-of-the-art clean propulsion technologies, fuel and energy storage technologies and services including propulsion systems for hydrogen fuel cell vehicles, hydrogen internal combustion engine vehicles, compressed natural gas vehicles, liquid petroleum vehicles, hybrid electric vehicles and plug-in hybrids. Yesterday, Fisker announced that they will be aiding in the rehabilitation of the Michigan automotive industry by opening a 34,000 square foot…

MondayNov 10, 2008 7:29 pm

NUCRYST Pharmaceuticals Corp. (NCST) Receives Health Canada Approval of Acticoat™ Flex Barrier Dressing

NUCRYST Pharmaceuticals Corp. (NASD: NCST), a developer and manufacturer of medical products that fight infection and inflammation and the Advanced Wound Management division of Smith & Nephew, PLC, recently announced that Health Canada granted marketing approval for Acticoat™ Flex barrier dressing for wounds that require up to seven days of sustained antimicrobial activity. Acticoat™ Flex simplifies the dressing of wounds with its unique elastic design that easily contours to surfaces, including difficult-to-protect regions, such as knee or elbow joints. Acticoat™ Flex is a new barrier dressing product that is coated with the company’s patented SILCRYST™ nanocrystalline silver technology. Acticoat dressings…

MondayNov 10, 2008 1:03 pm

Puda Coal, Inc. (PUDC.OB) Posts Solid Third-Quarter Numbers

Puda Coal, Inc. (PUDC.OB), a high grade metallurgical coking coal supplier in China, reported its 3rd quarter financial results today and the numbers are strong. Revenue hit $74.1 million, an 82% increase over third-quarter 2007’s revenues. Operating income came in at $9.0 million, while net income reached $6.5 million. Sales of cleaned coal increased 22.6% from the same period last year to 603,000 metric tons. Puda was able to increase prices to $123 per metric ton. Puda has launched its website, www.pudacoalinc.com , and will present investor road shows in the United States as well as appearing at the annual…

MondayNov 10, 2008 12:55 pm

Early-Morning Gains Pared – Stocks Turn Downward

Wall Street rallied early on Monday amid talk of a $586 billion Chinese stimulus package, however, optimism diminished over the course of the afternoon sending stocks lower. After spiking 215 points, the Dow reversed course and fell more than 150 points by late afternoon. Investor confidence continues to suffer as the markets continue to exhibit wholly-unreliable qualities. Other indices also experienced trouble on the day. Let us hear your thoughts below:

MondayNov 10, 2008 12:54 pm

AIG: Recipient of Largest-Ever Private Company Bailout

As was foreseen by experts last week, a restructuring of the government aid package provided for American International Group, Inc. was enacted today as it became apparent that the felled insurance giant would be unable to rise to the terms of the original $85 billion provided by the federal government. Citing the company's interconnectedness with the overall well-being of the economy, the Fed approved additional aid which brings the total to more than $150 billion. Let us hear your thoughts below:

MondayNov 10, 2008 12:54 pm

Circuit City Stores Inc. (CC) Files for Chapter 11 Protection

The second-largest electronics retailer in America filed for bankruptcy today. Circuit City Stores, Inc., facing threats of refused delivery from vendors for the approaching holiday season, made the decision to file for Chapter 11 in an attempt to buy itself some time to develop a plan for restructuring. According to acting president and CEO, James Marcum, the action "should provide us with the opportunity to strengthen our balance sheet, create a more efficient expense structure and ultimately position the company to compete more effectively." Before being halted on Monday, shares of the company decreased in value by over fifty percent.…

MondayNov 10, 2008 9:55 am

Tri-Star Holdings, Inc. (TSHL.PK) Subsidiary Estimates Tremendous Potential at Idaho Claims

Tri-Star Gold, a subsidiary of Tri-Star Holdings, Inc. (TSHL.PK), is focused on acquiring and developing properties to produce platinum, gold, silver, and copper. Tri-Star has a number of properties located in Nevada, Arizona, and Idaho. Three of their claims contain a copper and precious metal vein system that measures about 100 feet wide and 4200 feet long. This vein system has previously produced high-grade copper, gold, and silver ore. The company’s estimates on the potential recoverable metals at its Blue Jay claims are quite substantial. A portion of the Blue Jay claims have a long mining history. Starting in the…

MondayNov 10, 2008 9:48 am

NetSol Technologies Inc. (NTWK) Opens the Doors of NetSol University to Offer Industry Education

NetSol Technologies Inc. (Nasdaq: NTWK) provides business services and enterprise application solutions to organizations around the world. Headquartered in Emeryville, Calif., the company has operations and offices in London, Los Angeles, Sydney, Beijing, Bangkok and Lahore. The company today announced the opening of NetSol University North America (NUNA), located at NetSol’s Emeryville headquarters, to encourage continued education and boost client productivity. NUNA will provide classes in a variety of industry-related topics and features a state-of-the-art facility with the latest in audio/video, Internet and wireless technologies. The center will house classroom lectures, Webinars, tele-training, product demonstrations and evaluations. "NetSol University North…

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