TuesdayAug 12, 2008 12:32 pm

Composite Technology Corporation (CPTC.OB) Subsidiary Secures $23M Wind Turbine Contract to Power Canadian Energy Supply

Composite Technology Corporation (OTCBB: CPTC) develops, manufactures and sells high-performance electrical transmission and wind turbines through its subsidiaries. The company today announced its DeWind Inc. subsidiary, which designs, produces and sells a series of wind turbines, has secured an agreement for the sale of 10 of its D9 2-megawatt wind turbines to Energy Farming Ontario LLC. The approximately $23 million contract is set for delivery in 2009. The turbines to be deployed are the advanced version of DeWind’s D8.2 synchronous power turbine. Energy Farming Ontario will install the turbines in Ontario, Canada, as part of several of its current development…

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TuesdayAug 12, 2008 12:14 pm

Movado Group, Inc. (MOV) Announces Plans to Restructure Organization

Movado Group, Inc. (MOV) designs, manufactures and distributes watches from nine of the most recognized and respected names in time: Movado, Ebel, Concord, and ESQ SWISS as well as Coach, HUGO BOSS, Juicy Couture, Lacoste and Tommy Hilfiger. The company also designs and markets exclusive Movado jewelry and gifts through their Movado Boutique stores in the United States. With manufacturing facilities in Switzerland, and corporate headquarters in Paramus, New Jersey and Bienne, Switzerland, the company employs more than 1,800 people worldwide. Movado announced last week initiatives designed to streamline operations, reduce expenses, and improve efficiencies and effectiveness across the company’s…

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TuesdayAug 12, 2008 10:40 am

Invite Group, Inc. (IVIT.OB) City Book Savings Division Signs Almost $50,000 in New Contracts

Invite Group is continuing to close new contracts with its City Book Savings division, a high-end direct mailing book which it acquired recently from IMAGE Worldwide, Inc. (IMGW.PK). Acquiring these new contracts is also helping the company increase their revenues. Invite Group is an Internet media company that specializes in the Travel and Entertainment Industry. Its City Book Savings is a high-end, four-color glossy direct mailing marketing book featuring magazine-quality ads providing an image-conscious demographic with incentives to some of the most exclusive businesses. The magazine is designed to appeal to even the most discriminating clientele and promises to bring…

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TuesdayAug 12, 2008 9:50 am

Heska Corp. (HSKA) Announces 2nd Quarter 2008 Results

Heska Corp. (HSKA:NASDAQ) sells advanced veterinary diagnostic and other specialty veterinary products. The company's core focus is on the canine and feline markets where the company strives to provide high-value products and customer support to veterinarians. Heska's business is comprised of two segments - core companion animal health along with other vaccines, pharmaceuticals and products. The range of products that Heska offers to its customers includes diagnostic instruments and supplies as well as single use, point-of-care tests, vaccines and pharmaceuticals. On August 11, 2008, Heska reported financial results for its second quarter ended June 30, 2008. The company generated its…

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TuesdayAug 12, 2008 8:56 am

Do Not Let Seasonal Weeds Cloud Your Vision of the Rich Forest of Gold & Silver Industry Stocks

The Gold & Silver Industry is buffeted by both seasonal and business cycles. However, there has never been any durable reversal of values in this bastion of the economy. This industry has gained about 50% in market capitalization over the last five years. It has also hovered between 0% and 100% appreciation during this period. The overall performance is far above the S&P 500 for the last five years. The industry should find a significant place in every portfolio of today. Each metal requires specialized knowledge. Implications of daily price fluctuations are rarely understood. Many people should not trade in…

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TuesdayAug 12, 2008 8:01 am

Channel Creative Thinking for Business Transformation – Tuesday Treadmill

Would you support daydreaming on your time? Creative processes make business sense only as long as you do not foot any bills. The 2008 market gridlock does indeed call for out-of-the-box thinking, but it must focus on getting revenue registers busy again. There is a new sense of urgency about finding new business models, as recurring expenses of essential expenditures become increasingly hard to meet. We all know that inspired thought alone can provide leads to new market approaches. However, modern corporations and serious stock investors need reliable group processes to make creativity useful. Orienting minds around unmet needs of…

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TuesdayAug 12, 2008 6:39 am

Adino Energy Corporation (ADNY.OB) is “One to Watch”

Adino Energy Corporation is a wholesale fuel distributor and fuel terminal operator with headquarters in Houston, Texas. Founded in 1981, and trading on the OTCBB, Adino Energy offers storage, delivery, and blending of diesel fuel. They also offer biodiesel to the "green" fuels market. Through their subsidiary, Intercontinental Fuels, LLC, the company operates a fuel storage terminal in Houston, Texas. This terminal distributes petroleum-based products and bio-diesel to local wholesale and retail fuel distributors. Adino Energy Corporation's fuel terminal, adjacent to George Bush Intercontinental Airport , is located near refineries and fuel pipelines in north Houston. The terminal has attracted…

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TuesdayAug 12, 2008 6:05 am

Air T, Inc. (AIRT) is “One to Watch”

Air T, Inc. is a leading provider of cargo services to the overnight express delivery industry and also manufactures and sells on-the-ground support services, including aircraft, de-icing and decontamination products. The North Carolina-based company, whose biggest customer is FedEx Corp., reports fiscal first-quarter earnings today, Aug. 12, 2008. For the fiscal year that ended March 31, the company reported a 36% surge in profits. Most of the company's revenue is generated from operations in the eastern half of the U.S., the Caribbean and South America. Air T also counts among its clients, the U.S. Air Force and Navy. In fact,…

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TuesdayAug 12, 2008 6:01 am

PeopleSupport, Inc. (PSPT) to Merge with Aegis BPO through Subsidiary Essar Services (Mauritius)

PeopleSupport, Inc. (PSPT) has announced a definitive agreement to merge with Aegis BPO, a global business process outsourcing provider, through Essar Services (Mauritius), Aegis’s wholly owned subsidiary. This merge of companies will be achieved through a cash transaction with an aggregate equity value of approximately $250M, and has been unanimously approved by the boards of directors of both companies. Aegis BPO is one of India’s fastest growing BPO companies with an annual revenue of over USD $320M. The company services some of the world’s largest corporations in the telecom, banking, insurance and healthcare verticals through its 25 delivery facilities in…

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TuesdayAug 12, 2008 5:59 am

China Automotive Systems, Inc. (CAAS) Reports Solid Second Quarter Results

China Automotive Systems, Inc. (CAAS), a manufacturer of power steering components, oil pumps and sensors in China, announced second quarter financial results this morning. Revenues rose to $46.5 million, an increase of 28.1% year over year and 12.2% sequentially. Net income grew 93.2% to $4.7 million, or 18 cents per share, compared to $2.5 million, or 10 cents per share, in the second quarter of fiscal 2007. "We closed our slow season with a high note as we continue to outpace our market growth and win accounts from our competitors," said Mr. Qizhou Wu, Chief Executive Officer of China Automotive…

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