QualityStocks Stock Newsletters Archives - Page 883 of 1818

TuesdaySep 23, 2008 3:04 pm

After Hours Notes 9/23/08

Buffett buys Goldman stake: Warren Buffett’s Berkshire Hathaway Inc. (BRK-A) will buy $5 billion of perpetual preferred stock in Goldman Sachs Group Inc. (GS) that will pay a 10% dividend. Berkshire will also receive warrants to purchase $5 billion of common stock at $115 per share, exercisable in five years. “Goldman Sachs is an exceptional institution,” said Buffett. “It has an unrivaled global franchise, a proven and deep management team and the intellectual and financial capital to continue its track record of outperformance.” Shares of GS are trading $8.45 higher, or 6.8%, after hours at $133.50, after closing at $125.05…

TuesdaySep 23, 2008 2:39 pm

A-Power Energy Generation Systems, Ltd. (APWR) Announces Initial Sales Contract for 2.7MW Wind Turbines

A-Power Energy Generation Systems, Ltd. (APWR), China’s largest provider of distributed power systems and a recent entrant into China’s wind energy market, this morning announced that it has signed a sales contract with China National Control System Corp. (“CACS”) for five 2.7-MW wind turbines for delivery during the fourth quarter of fiscal 2008. These wind turbines are destined for China National’s wind farm projects in Gansu and Inner Mongolia, and will be the first produced at A-Power’s new production facility in Shenyang, China, which has an annual production capacity of 300 2.7-MW turbines and 420 750-kW turbines. “We are excited…

TuesdaySep 23, 2008 2:36 pm

Head of FDIC Calls for Restructured Mortgages

As Congress continued to mull over the proposed $700B relief plan on Tuesday, FDIC Chairwoman Sheila Blair expressed the hope that the acquisition of troubled mortgages "will be a feature of that." So many recent failures in the lending sector has left her and others concerned for the state of the entire housing market. Blair suggested buying delinquent mortgages, and "removing them from the overall pool of mortgages". FHFA director James Lockhart offered another possible solution; less stringent lending standards. By helping more potential homebuyers qualify for loans, he believes that the tumultuous conditions of the mortgage market could be…

TuesdaySep 23, 2008 2:35 pm

GIC Looks to the West – Sees Opportunity

In its first ever annual report, the The Government of Singapore Investment Corp. (GIC) said that it saw plenty of opportunities in America during this time of economic crisis. The GIC, which has around $300 billion in total assets, has agreed to adhere to a voluntary set of standards for sovereign funds, in the hopes that its impending actions would not be seen by Americans as being politically motivated. Said chief investment officer Ng Kok Song, "Problems in the U.S. would present very interesting opportunities in impaired assets." Let us hear your thoughts below:

TuesdaySep 23, 2008 2:34 pm

China Energy Recovery, Inc. (CGYV.OB): Bringing Greater Efficiency to Chinese Coal Plants

During this time of turmoil, there is a great reluctance overtaking many investors, and it can be difficult to draw a positive outlook from the many piles of battered companies. Thankfully, there are always companies like China Energy Recovery ("CER"), whose keen business will be needed and desired no matter what the market conditions present. CER is a Chinese corporation with a progressive technology that strengthens the efficiency of traditional power plants. Electricity is often produced by burning coal to produce steam, which in turn powers a turbine. The problem created by this process is a loss of up to…

TuesdaySep 23, 2008 2:30 pm

Paulson, Bernanke Meet with Resistance During Tuesday’s Congressional Hearing

Attempting to convince Congress of the viability of the $700B bank-bailout, Treasury Secretary Henry Paulson and Federal Reserve Chairman Ben Bernanke were met with skepticism from both parties in Tuesday's hearing. Alabama Republican Richard Shelby called the plan "neither workable nor comprehensive," while Democrat Chris Dodd, chairman of the Senate Banking Committee said, "It does nothing in my view to help a single family save a home." Despite the resistance to the proposed bailout, Ben Bernanke warned of the "very serious consequences" of choosing not to enact the plan. Let us hear your thoughts below:

TuesdaySep 23, 2008 11:20 am

OriginOil Inc. (OOIL.OB) Announces Positive Ground in Algae Technology, Set to Replace Petroleum

OriginOil Inc. (OTCBB: OOIL) has developed an innovative technology that transforms algae into oil through a cost-effective, high-speed manufacturing process that aims to replace petroleum dependence. The company today announced positive results for the revamping of its Helix BioReactor. After “fine tuning” its Helix BioReactor to enhance performance characteristics, OriginOil said it can now commence the design and layout of larger-scale systems, which will help the company identify ways to lower its production expenses. “Discrete testing of each system component is now being performed to ensure better projection of the performance of larger systems,” senior technical advisor Paul Reep stated…

TuesdaySep 23, 2008 10:06 am

Dot Hill Systems Corp. (HILL) to Re-establish Foothold in Software Market with Strategic Asset Acquisition

Dot Hill Systems Corp. (Nasdaq: HILL) provides entry-level and midrange external storage solutions for OEMs and systems integrators (SIs). The company’s products are used by leading service and equipment providers, common carriers, technology and telecommunication companies, and government agencies. The company today announced it will expand its offerings through the acquisition of RAIDCore and NAS (Network Attached Storage) intellectual property assets from Ciprico Inc. (Nasdaq: CPCI). Dot Hill said the acquisition will position the company to serve the growing enterprise-class software RAID market. In the second quarter of 2008, more than 2 million servers were shipped, representing an 11.3 percent…

TuesdaySep 23, 2008 9:29 am

Converted Organics, Inc. (COIN) is Bucking the Current Market Trend

In the stock market, as in life, only the strong survive. Reality can be a tough pill to swallow, but the facts don’t lie and lately the stock market has been unkind to investors; however, experience tells us that this will pass. Nevertheless, it is a tough time to be an investor. While historic blue-chip stocks have taken it on the chin, one company has had a recent surge that has investors running to the bank; that company is Converted Organics, Inc. Converted Organics has taken the waste problem in the U.S. and turned a negative situation into a positive.…

TuesdaySep 23, 2008 7:08 am

Force Energy Corp. (FORC.OB) Announces Project Management Company Appointment, Readies Wyoming Oil & Gas Projects

Over the last year or so, smaller oil and gas exploration and development companies have been popping up across the North American landscape. Each is working to profit from what many hope is a vast untapped pool of undiscovered or left behind oil and gas. At some point, however, the timing of getting this oil and gas out of the ground, and profiting by it, is not optimum. Market events take over and make exploration and development more difficult. An investor who can find a company with optimally scheduled oil and gas development programs (which also mesh with market variations)…

Site Search

Company Search

Category: QualityStocks Stock Newsletters