FridayFeb 10, 2012 12:18 pm

Taro Pharmaceutical (TAROF) Posts Q4, FY 2011 Preliminary Financial Results

Taro Pharmaceutical Industries Ltd., a multinational science-based pharmaceutical company, today provided unaudited financial results for the quarter and full year ended December 31, 2011. Fourth-quarter revenues for 2011 were $148.1 million, a 44.3 percent increase over fourth-quarter revenue for 2010. Gross profit as a percentage of net sales was 71.6 percent, compared to 59.6 percent. Fourth quarter 2011 operating income of $74.5 million, or 50.3 percent of net sales, represents a significant increase compared to $21.6 million, or 21.0 percent of net sales, reported for the comparable quarter of 2010. Net income for the fourth quarter of 2011 was negatively…

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FridayFeb 10, 2012 12:12 pm

UTStarcom Holdings (UTSI) Contracted to Build Two New IPTV Platforms

UTStarcom Holdings Corp., a leading provider of interactive, IP-based network solutions, today announced that it has won two new contracts that will support its IPTV network expansion with Fujian Telecom and Zhejiang Telecom, provincial subsidiaries of China Telecom. UTStarcom currently serves nearly 1 million IPTV users in Fujian and approximately 650,000 IPTV users in Zhejiang. Per the Zhejiang Telecom contract, UTStarcom will build new IPTV 2.0 platforms in the cities of Wenzhou and Taizhou. In addition, UTStarcom will expand Fujian and Zhejiang Telecom's respective network capacities and storage capacities for their IPTV systems. In 2010, the UTStarcom built six IPTV…

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ThursdayFeb 09, 2012 5:34 pm

Rainmaker Systems, Inc. (RMKR) Introduces Newest B2B E-Commerce Solution Enhancement

Rainmaker Systems announced today the latest enhancement to its B2B e-commerce solution, making it the only cloud solution that empowers users with full control to drive increased self-service, out-of-the-box online sales. This new enhancement is focused on key features that give users more control over their e-commerce environments, including the ability to change and update languages, currencies and payment types, as well as advanced administration rights like the ability to launch a new store. These advanced features are in addition to the standard features that are typically found in a SaaS e-commerce tool, such as the ability to update products…

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ThursdayFeb 09, 2012 4:05 pm

Cross Border Resources, Inc. (XBOR) Authorizes Strategic Review of Company Operations

Cross Border Resources reported that the company’s board of directors has authorized a strategic review of the company’s operations, with a goal of maximizing shareholder value. Cross Border Resources has hired KeyBanc Capital Markets as a strategic advisor to assist the company in its review. The company did not initiate this review due to a buyout offer from an outside party. Cross Border Resources said that the strategic review was predicated on a belief that investors are undervaluing the company in the public market, and that the common stock of the company is trading at a price below the net…

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ThursdayFeb 09, 2012 1:05 pm

Today Divine Skin (DSKX) Posts Triple-digit Preliminary Revenue Growth

Today Divine Skin, a developer of biotechnology for topical, nutritional, and pharmaceutical therapies worldwide, today posted its preliminary revenue results for the fourth quarter of 2011. The company reported fourth-quarter revenue at $3.1 million, a 63 percent increase over the comparable quarter of 2010. Full-year 2011 revenue totaled $9.6 million, a 78 percent increase over full-year 2010. Today Divine Skin markets its products via online and specialty retailers, cosmetics wholesalers, salons, and medical offices. CEO Daniel Khesin said that while the company reports triple-digit growth for 2011, the company is “far from satisfied with this result” and anticipates further improvement…

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ThursdayFeb 09, 2012 12:59 pm

Ur-Energy (URG) Inks Third Uranium Supply Agreement

Junior uranium mining company Ur-Energy Inc. today announced it has secured its third agreement to supply uranium produced at its wholly owned Lost Creek Project. This multi-year agreement marks the achievement of the company’s strategic product marketing strategy developed under an arrangement with Jim Cornell of NuCore Energy. Ur-Energy’s marketing objective includes the commitment of a pre-determined portion of the forecast uranium production from Lost Creek into term sales agreements with U.S. based nuclear utilities. The agreement calls for the total delivery of 100,000 pounds of uranium concentrate per year throughout the range of the agreement, with delivery prices in…

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ThursdayFeb 09, 2012 12:46 pm

LTS Nutraceuticals, Inc. (LTSN) Broadens Product Reach in U.S. Market

Located in Ft. Lauderdale, Florida, LTS Nutraceuticals is a developer, manufacturer, and distributer of high-quality vitamins and dietary supplements. Today, the young company took a major step towards prominence with the announcement their BioCalth product, which is well-known across Asia, will now be sold on Walmart.com and VitaminShoppe.com. BioCalth is a unique, patented Calcium L-Thronate supplement that is scientifically proven to improve bone density and encourage the formulation of cartilage and collagen to strengthen bones. BioCalth is currently sold in some of the largest drug store chains in Asia, including Watson’s, Unity and Guardian, as well as in Europe. Ted…

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ThursdayFeb 09, 2012 12:22 pm

Canadian Solar, Inc. (CSIQ) Completes 500kW Solar Power System in California

Canadian Solar, Inc. is a leading, vertically integrated provider of ingot, wafer, solar cell, solar module, and solar applications. The company designs, manufactures, and delivers a wide range of solar products and environmentally-friendly system solutions for on-grid and off-grid use to customers around the world. Canadian Solar today reported that the company, together with HelioPower and Giumarra Vineyards, has successfully completed a 516 kilowatt dc commercial photovoltaic system in Bakersfield, California. Canadian Solar's high-performing photovoltaic modules and HelioPower's integrated turnkey energy solutions enabled Guimarra Vineyards to complete the initial phase of its clean energy initiative. In total, the facility will…

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ThursdayFeb 09, 2012 10:46 am

netTALK.com, Inc. (NTLK) Announces Number Porting in U.S.

Yesterday, netTALK.com, Inc. announced that the company currently supports LNP, or Local Number Portability, meaning that customers changing their landline service to netTALK will be able to keep their previous phone number rather than having to setup a new one. netTALK designs and distributes low-cost VoIP services and devices, with their netTalk DUO product being able to place calls to any telephone number in the U.S. and Canada from anywhere in the world. netTALK boasts undercutting VoIP competitor Vonage by nearly 50% while providing more products and services. netTALK's services can be seen as forward-thinking. The Pew Research Center's Internet…

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ThursdayFeb 09, 2012 10:04 am

Plandai Biotechnology, Inc. (PLPL) Announces Buy Recommendation from Murphy Analytics

Today before the opening bell, Plandai Biotechnology announced that Murphy Analytics, LLC has initiated coverage and issued a buy recommendation with a twelve month price potential of $2.20 per share. According to Murphy Analytics, the positive potential valuation reflects the current value of plantation holdings of Plandai, the global market for green tea and green tea extracts, the profit projections prepared by Plandai, and the trading value of companies within the industry. Plandai CEO Roger Duffield commented, "Murphy Analytics has a great reputation and we're pleased to see recognition of the market potential for Plandai's technology. As we shift our…

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