TuesdayOct 21, 2008 5:34 pm

TGC Industries, Inc. (TGE) Announces Third Quarter Financial Results – CEO Comments on Economic Outlook

TGC Industries, Inc. (NASD: TGE), a leading provider of seismic data acquisition services throughout the continental United States, recently announced its financial results from the third quarter of 2008. Net income for the quarter totaled $0.11 per share compared with net income of $0.10 per share recording during the third quarter of 2007, beating analysts’ estimates of $0.09 per share. Although revenues for the third quarter decreased 11 percent from the third quarter one year ago to $21.6 million, gross profit margin in the third quarter of 2008 improved to 38 percent from 29.9 percent in the third quarter of…

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TuesdayOct 21, 2008 1:49 pm

Economic Woes Fail to Put a Dent in China Precision Steel, Inc. (CPSL) Purchase Orders

China Precision Steel manufactures and markets high precision cold-rolled steel products in China for a wide variety of applications, including automobile parts, steel roofing, plane friction discs, appliances, food packaging, saw blades, containers and more. The company today announced it has strengthened its presence in China and Africa, reflected by an increase in order from the regions. Even in a tough market, China Precision Steel said demand for its products remains high and the company is running its facilities at full capacity. "We are experiencing strong demand for our high precision, cold-rolled steel products despite the current global slowdown. Our…

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TuesdayOct 21, 2008 9:56 am

Bank of Canada Cuts Rates Again

Canada's central bank reduced its key interest rate by a quarter of a point on Tuesday, citing the nation's need to stimulate its economy to lessen the effects of an American recession. On October 8th the Bank of Canada, joined by other world banks, slashed rates in a unified effort to calm the global economy; Canada's is the first central bank to make additional cuts following that action. The rate now stands at 2.25 percent. Let us hear your thoughts below:

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TuesdayOct 21, 2008 9:55 am

Dollar Gains Against Euro – Oil Down Again

Again on Tuesday, oil prices dropped sharply to below $72 a barrel as the U.S. dollar gained ground on the euro. Commodity trends often oppose those of currency; as the dollar falls, investors are likely to lean into commodities, selling off when the currency strengthens. Crude oil prices are now half of what they were in July, when an all-time high of $147.27 was reached. Friday's OPEC meeting should shed more light on the future of crude prices; a hefty production decrease could stave off a sharp drop, although severely decreasing global demand has some experts expecting prices as low…

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TuesdayOct 21, 2008 9:54 am

Stocks Decline Due to Earnings Reports, Jumpy Investors

Stocks were mostly down on Tuesday, as a wave of disappointing quarterly results hit several of America's largest companies. In addition, losses were attributable to investors looking for a quick return on Monday's significant gains. Due to the current state of the markets, these fluctuations are to be expected. Harry Clark, CEO of Philadelphia's Clark Capital Management, commented on present conditions: "It's just this back-and-filling stuff. It's driven by earnings, yes, but also emotion. It's going to be this tug-of-war for a couple weeks at least." Let us hear your thoughts below:

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TuesdayOct 21, 2008 9:44 am

Stem Cell Therapy International Corp. (SCII.OB) is Focused on Becoming a World Leader in Stem Cell Technology

Stem Cell Therapy International Corp. (SCII.OB), which is in the process of formally changing its name to AmStem International, is on track to become one of the largest providers of cord blood stem cells in the world. AmStem, already successfully pursuing U.S. and European stem cell markets, is now positioning itself as a major player in Asia through its acquisition of Korean stem cell company HistoStem, the largest cord blood bank facility in the world (the nearest competitor is less than half as big). HistoStem is the only company in Korea approved by the Korean FDA to provide stem cells…

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TuesdayOct 21, 2008 9:41 am

NetSol Technologies, Inc. (NTWK) Achieves Fifth Successful Software Launch In Australia

NetSol Technologies, Inc., a global provider of enterprise financial software solutions, announced today the successful launch by Nissan Financial Services Australia (NFSA) of its business operations using NetSol’s package of leasing and finance applications. The implemented product package included NetSol Financial Suite, Credit Application Processing System, Contract Management System, and Wholesale Finance System. NFSA’s Executive Director, George Leondis, stated “We are very pleased with the sustained commitment of the NetSol team, the dedicated on-site resources, and how they understood the importance of streamlining the business process to suit the fast paced Australian auto finance market. Nissan Australia sees NetSol as…

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TuesdayOct 21, 2008 6:49 am

QualityStocks Daily Newsletter Continues to Grow Subscriber Base at Rapid Pace

The subscriber base for the QualityStocks Daily Newsletter was just over 100 when we first started in January of 2006, but since then we have grown exponentially to reach over 700,000 subscribers. Our micro-cap and small-cap newsletter is unlike any other newsletter. When investors read the FREE QualityStocks Daily Newsletter, they are actually viewing data collected from hundreds of small-cap and micro-cap online investment newsletters. Our name, QualityStocks, emphasizes our commitment to connect subscribers with companies that have huge potential to succeed in the short and long-term future. We believe strong management and vision for the future are crucial for…

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TuesdayOct 21, 2008 5:05 am

New Frontier Energy Inc. (NFEEI.OB) Works to Clear Pipeline Right-of-Way, Oil & Gas Connection will Establish Solid Presence in Greater Green River Basin

Most natural gas and oil companies would be happy with a few producing wells pumping out a respectable amount of oil and gas. Some, however, do their homework to find a location where many wells pump many barrels or cubic feet. A company that can recognize its position quickly, and develop it to maximize a variety of revenue streams quickly, is one that will become a solid long term player in any marketplace. New Frontier Energy Inc., an oil and gas exploration and development company, works to explore and exploit oil and natural gas deposits primarily along the Colorado/Wyoming boarder.…

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TuesdayOct 21, 2008 5:02 am

Smart Balance Inc. (SMBL) Balancing Ingredients for Their Customers

Smart Balance Inc. is an enterprise that strives to formulate healthy ingredient combinations in all the foods they make. They are a corporation committed to providing superior tasting heart healthy alternatives in every food category they choose to engage in. They do this by avoiding trans-fats naturally and by balancing fats. They also achieve their heart healthy goals through reducing saturated fats, total fat, and cholesterol. Trading on the NASDAQ Global Market with a current market capitalization of $441.54 million, Smart Balance Inc. has their headquarters in Paramus, New Jersey. The Company uses their patented blend of natural vegetable oils…

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