FridayJul 25, 2008 11:04 am

India Globalization (IGC) Reports 100% Increase in FY2008 Revenues

India Globalization Capital, Inc. (IGC:AMEX) is a US-based company developing infrastructure in India through its majority-owned subsidiaries, Sricon Infrastructure Private Ltd. and Techni Bharathi Ltd. On March 7, 2008 the company acquired 63% of Sricon Infrastructure and 77% of Techni Bharathi. The company, through its subsidiaries, has three core businesses: 1) highway and other heavy construction, 2) mining and quarrying, and 3) civil construction and engineering of high-temperature plants. Recently, India Globalization announced a good set of results for the fiscal year ending March 31, 2008. The two subsidiaries combined reported revenues of $32.9 million and earnings of $4.4 million.…

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FridayJul 25, 2008 9:59 am

Foldera Inc. (FDRA.OB) Announces Total Corporate Overhaul

Formerly engaged in the development of web-based organization and collaboration software, Foldera, Inc. yesterday proclaimed its intent to change the entire face of the company. In the next few weeks, the company plans to enact a series of changes which include a new company name, trading symbol, corporate strategy, management team, and market direction. Foldera will henceforth be known as CeCors, Inc., derived from an acronym for carrier Ethernet core switch, which is precisely the technology to be commercialized by the new organization. New members of the board include Ananda Perera (CTO) and Sri Chaganty (VP Software Dev.), who collectively…

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FridayJul 25, 2008 9:58 am

General Automotive Co. (GNAU.OB) Teams Up with SenCer Inc. to Develop Advanced Fuel Cell

General Automotive is an international provider of advanced automotive parts and technologies. The company has just announced its entry into a mutually beneficial partnership with Rochester, NY-based technology research firm, SenCer, Inc. The companies will work together to advance the development and commercialization of SenCer's UltraTemp™ breakthrough ceramic composite material, and, in effect, accelerate General Auto's effort to produce energy and cost-efficient hydrogen fuel cells. General Auto believes that UltraTemp™ may play a critical role in circumventing common cell engineering difficulties, such as issues with durability and manufacturing cost. SenCer will also be assisting in the development of highly advanced…

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FridayJul 25, 2008 7:36 am

GT Solar International Inc. (SOLR) Finds Solid IPO Reception amid Oil Price Drop, $500 Million Raised

Markets that are considered new and innovative are some of the better – but more risky - investments to become involved with. Getting involved at the correct time is the trick. The stars need to align and the economy needs to cooperate. Finding a company that has all its “ducks in a row” to become a significant player in that new and developing market is the work that needs to be done. An investor that can find such a company is an investor that is ready to enjoy significant profits as the new technology - and well-run company - takes…

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FridayJul 25, 2008 6:39 am

Cubic Energy Inc. (QBIK.OB) Finds Solid Results at Both Johnson and Estes Shale Gas Sites

The energy markets of today have been on a wild ride, to say the least. Oil, however, appears to be receiving a majority of the attention as prices bounce around at the upper ends of its historic range. In a relative sense, however, many observers have paid less attention to the activities and price movements of natural gas. Gas pricing has been following oil on its way up with only small recognition. Those that do follow gas on a regular basis, however, indicate that gas has been quite a bit more stable, with regard to price, then its high-flying brother,…

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FridayJul 25, 2008 6:02 am

Microfield Group Inc. (MICG) Sees Power Grid Alternatives

Microfield Group, Inc.'s EnergyConnect, a wholly owned subsidiary, provides Demand Response technologies and services that enable a more sustainable power grid while creating additional income for participating companies. The company's EnergyConnect web-based automated platform enables consumers of energy to participate in incentive opportunities by cutting back power when the grid needs it the most. With headquarters in Portland, Oregon, Microfield Group Inc. trades on the OTCBB as part of the Electric Utilities industry. The company sees Demand Response as a clean, efficient, and low-cost solution for meeting America's power needs. They are the first company to deploy market-disruptive energy automation…

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FridayJul 25, 2008 5:57 am

Dune Energy Inc. (DNE) Deals In Texas and Louisiana

Dune Energy, Inc., with headquarters in Houston, Texas, is an independent oil and gas exploration and development company. Listed on the American Stock Exchange (AMEX), the company's operations are along the Louisiana/Texas Gulf Coast and the Barnett Shale in the North Texas Fort Worth Basin. Their properties cover approximately 100,000 gross acres across 23 producing oil and natural gas fields Dune's proved reserves as of January 1, 2008 totaled 175 billion cubic feet equivalent (Bcfe). The company operates more than 90 percent of their production and normally maintains a 100-percent working interest. Dune's goal is to work on their underdeveloped…

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FridayJul 25, 2008 5:21 am

Arch Coal, Inc. (ACI) Reports 200% Increase in Second Quarter Net Income, Raises Guidance

Arch Coal, Inc. (ACI), a leading U.S. producer of steam and metallurgical coal, with interests in Appalachia, the Powder River Basin and the Western Bituminous region, reported better than expected second quarter results this morning. Net income surged 200% year-over-year to $113.0 million, or 78 cents per share, on revenues of $785.1 million, a 31% increase over the same period. Analysts who cover the firm expected earnings of 64 cents per share on $737.1 million in revenues. "Arch delivered another strong earnings performance in the second quarter, achieving a three-fold increase in net income and earnings per share," said Steven…

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FridayJul 25, 2008 5:05 am

Riverbed Technology, Inc. (RVBD) Reports Better Than Expected Second Quarter Results

Riverbed Technology, Inc. (RVBD), a leading provider of wide-area data services (WDS) to companies that utilize wide-area networks (WAN), reported better than expected second quarter results yesterday after the close. Revenues increased 51% year-over-year to $81.6 million vs. analysts’ estimates of $77.0 million. The bottom line swung to a loss of $869,000 vs. last year’s profit of $3.9 million. Excluding items, non-GAAP EPS was 13 cents vs. analysts’ consensus of 11 cents per share. “We are encouraged by our strong sequential and year-over-year revenue growth, as we posted the highest revenues in company history,” said Jerry M. Kennelly, Riverbed president…

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FridayJul 25, 2008 4:59 am

Bucyrus International, Inc. (BUCY) Reports 124% Increase in Second Quarter Net Income on 66% Increase in Revenues, Handily Beating Estimates

Bucyrus International, Inc. (BUCY), a leading manufacturer of heavy earthmoving equipment for surface and underground mining, reported better than expected second quarter results yesterday after the close. Revenues rose 66% year-over-year to $621.0 million vs. analysts’ estimates of $583.0 million. Net income soared 124% to $62.3 million, or 84 cents per diluted share, significantly beating analysts’ expectations by 18 cents per share. Bucyrus is benefiting globally from the commodities boom. Strong demand and high prices for coal and iron ore provide clear visibility for the strength of Bucyrus’ business in the near future. New orders during the quarter increased 69%…

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