QualityStocks Stock Newsletters Archives - Page 831 of 1818

FridayNov 07, 2008 5:26 am

Reed’s, Inc. (REED) Announces New Co-pack Production Agreement with Primary Brewery Partner

Reed's, Inc. (NASDAQ: REED), a producer of top-selling sodas in natural food markets nationwide, recently announced that the company has entered into a new co-pack production agreement with its primary brewery partner. The company anticipates that this new agreement will result in a 500 basis point to 600 basis points improvement in gross margins. Under this agreement, Reed's main co-pack facility will continue to brew and produce, bottle and package Reed's products; this new agreement replaces Reed's previous agreement with its current brewery partner. The agreement is effective as of November 1, 2008, and will extend for a period of…

ThursdayNov 06, 2008 6:06 pm

Bioheart, Inc. (BHRT) Receives Notice of Allowance for Nine New Patent Claims

BioHeart is a biotechnology corporation that develops devices designed to aid in the diagnosis, monitoring, and treatment of cardiovascular diseases. The company aims to improve heart disease sufferers' quality of life, while attempting to reduce the normally exorbitant costs associated with cardiologic treatments. In a press statement issued on Thursday, the company announced that it had received a United States Patent and Trademark Office Notice of Allowance for nine new patent claims, which pertain to using electrical signals to stimulate heart cell regeneration. BioHeart's new technologies are a significant step forward in the field of cardiovascular treatment in that they…

ThursdayNov 06, 2008 6:05 pm

Long-Term Unemployment Rates Reach Highest Level in a Quarter-Century

In a Department of Labor report issued on Thursday, it was shown that the number of Americans claiming longer-term jobless benefits has reached 3.84 million. This represents the highest level since February of 1983; twenty-five years ago. It's clear that as lay-offs continue across the board, the unemployed are finding it increasingly difficult to compete for remaining positions. On a lighter note, while extended unemployment has risen, new claims fell to 481,000 last week. Let us hear your thoughts below:

ThursdayNov 06, 2008 6:04 pm

Oil Continues to Take a Beating

In a slowing economy, energy demand is beginning to dip dangerously low, as trading on Thursday saw the price of a barrel of oil approaching sixty dollars. Light, sweet crude for December delivery fell to a 36-month low of $60.94 on the New York Mercantile Exchange. At the current level, crude prices are down roughly sixty percent from last July's all-time high of $147.27. Let us hear your thoughts below:

ThursdayNov 06, 2008 6:03 pm

Dow Extends Losses on Economic Skepticism

For the second day in a row, the Dow Jones Industrial Average plummeted several hundred points as weary investors continue to maintain a pessimistic attitude toward the state of the economy. Contributing to a general feeling of disheartenment was a weak retail sector report for the month of October, reflecting weak sales due to low demand. At its lowest point, the Dow was down nearly 500 points from Wednesday's close, and extended losses on the week to more than 600 points. Let us hear your thoughts below:

ThursdayNov 06, 2008 1:21 pm

Artfest International Inc. (ARTI.OB) Says Market Undervalues its Shares and Announces Plan to Repurchase its Common Stock

Recently, we reported that Artfest was “One to Watch.” We continue with that thought, as today Artfest International Inc. (Artfest) reported that it will buy its common shares back through purchases on the open market. According to Artfest CEO Edward Vakser, the time is right for the company to do so because its shares are grossly undervalued by the market. On September 23, 2008, the Company announced it purchased a 35,000 square feet audio/video facility that produces, according to the Company, $500,000 per year in revenues. Vakser said, "[w]ith the purchase of our state-of-the-art audio/video operational center and the launching…

ThursdayNov 06, 2008 11:28 am

Cambridge Heart Inc. (CAMH.OB) Maintains Confidence Despite Weak Q3 Results

Cambridge Heart Inc. (OTCBB: CAMH) develops and commercializes non-invasive product used for diagnosing cardiac disease, focusing on the identification of individuals at risk of sudden cardiac arrest. The company today announced its third-quarter results for the period ended September 30, 2008. The company posted revenues at $1.1 million, up 21 percent from the second quarter, attributing growth in its Domestic HearTwave II system placements. However, the results were down 58 percent from the $2.6 million reported in the third quarter of 2007. Cambridge remains positive concerning its marketing strategies moving forward. “We were pleased to see the sequential increase in…

ThursdayNov 06, 2008 9:25 am

Brite-Strike Tactical Illumination Products, Inc. (BSTI.PK) Featured in Frontgate Christmas Catalog

Brite-Strike Tactical Illumination Products, Inc., makers of high-tech illumination devices for police and government use as well as for personal self-defense, announced today that its “Lightning Strike” Personal Protection System will be featured in this year’s prestigious Frontgate Christmas catalog. The company’s “Tactical Blue-Dot” flashlight is already the top selling product at its price point in the high-end Herrington Catalog. Brite-Strike president, Glenn Bushee, commented on the increased demand for self-defense products. “In tough economic times, such as now, the number of robberies and assaults rise dramatically, which increases the demand for all our products. This product, for the money,…

ThursdayNov 06, 2008 8:13 am

Nevada Geothermal Power Inc. (NGLPF.OB) Fixed Price Contracts Awarded and Moving Forward

In today’s rocky economic setting, it is always a refreshing event to see a project with broad economic reach progressing forward nicely. Past posts have spoken to the company’s ability to make visionary steps a reality with the long term in mind. Economic conditions can make this process more difficult, but if a company has truly hit upon a solidly profitable and visionary idea, it will find a way to succeed. As an investor, finding these ideas and visions may be difficult, but when an investor does, they may find the rewards profitable and personally satisfying. Nevada Geothermal Power Inc.,…

ThursdayNov 06, 2008 8:04 am

DURECT Corp. (DRRX) Announces Third Quarter Financial Results; CEO Comments on Outlook for REMOXY®

DURECT Corporation (NASD: DRRX), an emerging specialty pharmaceutical company developing innovative drugs for pain and other chronic diseases, recently reported its financial results for the third quarter ended September 30, 2008. Total quarterly revenue reached $6.6 million, compared to $4.9 million for the same period in 2007, and the company’s net loss for the quarter was reported at $9.2 million, or a loss of $0.11 per share, compared to a net loss of $7.9 million, or a loss of $0.11 per share, for the corresponding period one-year earlier. The company plans to earn its first product royalties from REMOXY®, a…

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