QualityStocks Stock Newsletters Archives - Page 963 of 1818

MondayJul 28, 2008 4:52 am

NetSol Technologies Inc. (NTWK) Issues Strong FY 09 Guidance

NetSol Technologies, Inc. (NTWK), a developer and provider of software solutions for finance and leasing industries worldwide, announced solid sales and earnings forecasts for fiscal year 2009 this morning. The company anticipates revenues to grow 30% to 35% over 2008, and net income is forecasted to be between 40 cents and 45 cents for the full year. "We anticipate a strong financial performance in fiscal 2009 based on the combined strength of NetSol's global operating divisions. The main impetus driving this robust outlook for revenue and profitability growth remains our strong new business pipeline and contract backlog," stated Najeeb Ghauri,…

MondayJul 28, 2008 4:45 am

Axial Vector Engine Corp. (AXVC.PK) Continuing A Sixty-Year-Old Tradition of Linear Power

Axial Vector Engine Corporation can trace its roots back to World War II, when Dr. Karl Hermann created the original linear power transmission concept. That initial design was eventually put to successful use by the US navy as a pneumatic drive in MK-46 torpedoes. The linear power design has proven successful in many applications because of its power and simplicity. Since the 1960’s, General Motors has been continuously using a linear power transmission for its air conditioning compressors. The crucial difference between linear power and traditional standard drive is the position of the pistons and cylinders relative to the drive…

MondayJul 28, 2008 4:42 am

TGC Industries (TGE) Reports Second Quarter Earnings Miss, Record Backlog

TGC Industries (TGE), a provider of 3-D seismic data and acquisition services to onshore oil and natural gas exploration and development companies in the U.S. and Canada, reported second quarter results this morning that fell short of estimates. Net income was $0.9 million, or 5 cents per share, a decline of 30% year-over-year. Revenues fell 14% to $18.6 million. Analysts expected earnings of 9 cents per share on revenues of $22.7 million. The company cited the idling of two of its eight seismic crews due to customer permitting delays for the shortfall. Wayne Whitener, TGC Industries' President and Chief Executive…

MondayJul 28, 2008 4:40 am

Cal-Maine Foods Inc. (CALM) Reports Fourth Quarter Earnings Double

Cal-Maine Foods, Inc. (CALM), the largest shell-egg producer and distributor in the U.S., released financial results for the fourth quarter and fiscal year 2008 this morning. Net income for the fourth quarter rose 104% year-over-year to $36.6 million, or $1.54 per share, on revenues of $235.6 million, a 39% increase over the same period. For the full year the company earned $6.41 per share on revenues of $915.9 million. The company continues to benefit from the ability to command high prices for its eggs, although the fourth quarter’s results represent a sequential decline of 36% in net income and 15%…

MondayJul 28, 2008 4:32 am

Sohu.com, Inc. (SOHU) Reports Record Quarter, Crushes Estimates

Sohu.com Inc. (SOHU), a Chinese e-tailer and Internet search engine offering a wide range of online products, services, and media, announced second quarter results this morning that far exceeded what analysts were expecting. Non-GAAP net income increased 423% year over year to $42.3 million, or $1.07 per share, vs. analysts’ estimates of 67 cents per share. Revenues rose 162% for the same period to $102.0 million vs. $96.5 million consensus. Excluding share-based compensation expense, Sohu.com earned $1.02 per share. "We are very pleased with our strong performance this quarter," said Dr. Charles Zhang, Chairman and CEO of Sohu.com. "Sohu achieved…

FridayJul 25, 2008 7:24 pm

Monro Muffler Brake, Inc. (MNRO) Reports Record First Quarter Earnings

Monro Muffler Brake, Inc. (NASDAQ: MNRO), the operator of a chain of automotive under-car repair and tire service stores in the United States under the brand names Monro Muffler Brake and Service, Mr. Tire, and Tread Quarters Discount Tires, recently announced record financial results for its fiscal 2009 first quarter, which ended June 28, 2008. Sales for the first quarter posted an 11.8 percent year-over-year increase to a record $120.4 million, compared to $107.6 million for the first quarter of fiscal 2008. The company’s gross margin totaled 42.3 percent in the first quarter compared to 43.4 percent in the previous…

FridayJul 25, 2008 7:23 pm

Abaxis, Inc (ABAX) Reports Fiscal Results for First Quarter

Abaxis, Inc. (ABAX), founded in 1989 and based in Union City, California, manufactures point-of-care blood analyzers for both humans and animals. The analyzers, marketed under the name Piccolo® for the human medical market and under the name VetScan® for the veterinary market, are designed for portability and require minimal training. Able to provide on-the-spot results, the analyzers come with the reagent disc necessary to perform several of the most common blood tests. The Piccolo analyzer, introduced in November 1995, contained two reagent discs: Primary Health Panel, a nine-test reagent disc, and a General Health Panel, a 12-test reagent disc. The…

FridayJul 25, 2008 12:25 pm

PlayBOX, Inc. (PYBX.OB) Looking to Expand Through Acquisitions

PlayBOX, Inc. (OTCBB: PYBX) is a media entertainment technology company offering a wide variety of distribution channels for new music artists. The company targets emerging artists and small-to-medium sized record labels that lack the knowledge or resources to create and manage their own online shop and distribution outlets. By offering clients services such as hosting, streaming, e-commerce, and digital rights management, combined with a high-value, professional platform from which to sell and promote their music, PlayBOX is starting to grow their distribution channels so that artists can also reach their public more quickly and in a much simpler way. PlayBOX…

FridayJul 25, 2008 12:05 pm

EpiCept Corp. (EPCT) Receives Positive Opinion for Adult Leukemia Drug Candidate

EpiCept Corp. (Nasdaq: EPCT) develops drug candidates for the treatment of cancer and pain. The company’s Ceplene compound was designed to combat acute myeloid leukemia (AML), the most common type of leukemia in adults, by protecting lymphocytes that cause the destruction of residual leukemic cells. According to the company, there are roughly 40,000 AML patients in the European Union, with 16,000 new cases occurring each year. The company today announced the Committee for Medicinal Products for Human Use (CHMP) of the European Medicines Agency (EMEA) has issued a second opinion regarding the marketing authorization for Ceplene following a request by…

FridayJul 25, 2008 12:03 pm

Altair Nanotechnologies Inc. (ALTI) Secures Agreement with Phoenix Motorcars Inc. to Fuel 47 Electric Vehicles

Altair Nanotechnologies Inc. provides advanced nanomaterials technology applicable to the energy, life sciences and industrial markets. The company today announced it has inked a new Principles of Agreement Letter with Phoenix Motorcars Inc., a developer of battery-electric, freeway-speed vehicles. The privately owned, Delaware-based company focuses on the manufacture of zero-emission vehicles. So what do nanomaterials and electric vehicles have in common? According to the press release, Phoenix purchased 47 battery packs designed by Altair in 2007. The announced agreement calls for Altair to ship those packs to Phoenix for use exclusively in demonstration vehicles, terminating the current supply agreement between…

Site Search

Company Search

Category: QualityStocks Stock Newsletters