MissionIR Articles

In past posts, the need for a diversified portfolio has been discussed. The same need for diversification of a company’s product base was not. Common business wisdom preaches focusing on what a company does well…

Houston American Energy Corp. reported today that it reached an agreement to sell three million shares of common stock to a group of institutional investors at a price of $4.68 per share. The company estimates…

Taseko Mines Ltd. is a British Columbia-based mining company. The company’s main assets are its Gibraltar copper-molybdenum mine, the Prosperity gold-copper project, the Harmony gold project and the early stage Aley niobium project. The company…

Monarch Financial Holdings, Inc. priced an offering of 700,000 shares of noncumulative convertible perpetual preferred stock at a price of $25.00 per share. The company estimates its gross proceeds at $17.5 million. The noncumulative convertible…

Clarient, Inc. disclosed today details of an exclusive license for bringing to market a test developed by privately-held Minerva Biotechnologies. CLRT, as a leading provider of cancer diagnostic testing solutions, is an ideal choice for…

Seahawk Drilling, Inc. is focused on providing contract drilling services to the oil and natural gas exploration and production industry in the Gulf of Mexico. Operating the second largest fleet of jackups in the Gulf…

Nicholas Financial, Inc. provides direct consumer loans and purchases installment sales contracts from automobile dealers for used cars and light trucks. Nicholas Financial operates a network of forty-nine branch offices in Florida, Georgia, Indiana, Ohio,…

Following the in-flows and out-flows of the mutual fund industry offers insight as to what the general investor is up-to. As might be expected, in a poor economy, investment monies tend to flow out of…

Incyte Corp. is a development company focused on oncology, inflammation and diabetes treatments. The company recently announced an agreement with Novartis regarding two of its investigational hemotology-oncology therapies. INCB18424 is an oral inhibitor in phase…

Wake Forest Bancshares, Inc. reported net income of $180,000, or $0.16 per share, in the fiscal year ending September 30, 2009. The bank earned $1.0 million, or $0.87 per share, in fiscal 2008. Wake Forest…

Novavax, Inc. priced an offering of common stock at $3.30 per share. The company is offering 6.8 million shares and estimates that net proceeds to the company will be $21 million after underwriting expenses and…

Longwei Petroleum Investment Holdings Ltd. reported income of $7.21 million, or $0.09 per share, for the third quarter of 2009. The company earned $5.5 million, or $0.07 per share, in the same quarter of last…

Akeena Solar Inc (AKNS), well-known for their Andalay AC power systems, which are stand-alone solar systems designed for the average home, announced a partnership with Highland Solar (HS) today, Monday, Nov. 23. HS, located in…

Today, NRG Energy, Inc. announced that it has acquired the first and largest utility-scale photovoltaic Blythe Solar Project in California, through its wholly owned subsidiary NRG Solar LLC. The 21 megawatt project will be NRG’s…

Biotel Inc. (BTEL) reported net income of $128,000, or $0.04 per diluted share, for the third quarter of 2009. This was down from the $328,000, or $0.11 per diluted share, reported a year earlier. Revenues…

American Lorain is a major processed food company that sells chestnuts, convenience foods, and canned, frozen and bulk food products both to domestic and international customers through their four subsidiaries. American Lorain has garnered global…

Canadian energy company Etrion Corporation (TSX: ETX) and U.S.-based solar manufacturer SunPower Corp. (NASDAQ:SPWRA) (NASDAQ:SPWRB) today announced an agreement to build four solar power plants in the Puglia region of southern Italy. SunPower has more…

Dominion Resources Black Warrior Trust announced its fourth fiscal quarter dividend payout of $0.246351 per unit. The dividend will be paid on December 9, 2009 to shareholders of record on November 30, 2009. The Dominion…

Beacon Power Corp. was joined today by state and local officials at a formal groundbreaking event in Stephentown, New York, signaling the start of construction for the nation’s first full-scale 20-megawatt flywheel frequency regulation plant.…

China Marine Food Group Ltd., a China based processor and distributor of seafood products, today announced revenue and net income guidance figures for the year 2010, showing anticipated increases in revenue and net income. The…