First Bankshares, Inc. (SUFB) has completed its merger with the Xenith Corporation. The combined companies will now operate as Xenith Bankshares, Inc. under a bank holding company structure. First Bankshares, Inc. shareholders received $9.23 per…
Gulf Resources Inc. operates through two wholly-owned subsidiaries, Shouguang City Haoyuan Chemical Company and Shouguang Yuxin Chemical Industry. The company believes that it is one of the largest producers of bromine and crude salt in…
Shire plc, a global specialty biopharmaceutical company, today announced that it has submitted a Biologics License Application (BLA) with the FDA for REPLAGAL®, the company’s enzyme replacement therapy for Fabry disease. REPLAGAL first received marketing…
A-Power Energy Generation Systems, Ltd., China’s biggest distributed energy (DG) systems provider, revealed today the signing of a major DG contract with Thailand’s Biomass Electricity Co., Ltd. (TBE) to construct a 150-megawatt (MW) biomass plant…
NetSol Technologies, Inc. announced this morning at the opening bell that it has been awarded a major contract in the area of Information Security by a leading mobile telecommunications company in Pakistan. Along with additional…
Clarient, Inc. reported that it closed on its purchase of Applied Genomics, Inc., a private biotechnology company, in a stock deal worth $17.6 million. Applied Genomics, Inc. is headquartered in Huntsville, Alabama. “Applied Genomics and…
Nova Measuring Instruments Ltd., an Israeli-based developer of advanced measuring instrumentation for the semiconductor industry, today announced receipt of new bookings totaling $10 million. When added to previously announced orders for the quarter, the result…
In these times of an uncertain US dollar value, many investors have been investigating base metals, either as a stock or a hard asset. This investigation, however, needs to understand that base metals are a…
Xenos Group Inc. reported net income of $1.2 million, or $0.12 per share, in fiscal 2009 (ended 9/30/09). This was down slightly from the $1.5 million, or $0.15 per share, the company earned in fiscal…
NetSol Technologies, Inc., a global U.S. corporation providing global business services and enterprise application solutions, announced today before the opening bell its improved financial guidance expectations for the full year fiscal 2010 period ending June…
Myriad Pharmaceuticals Inc. is a biotechnology company focused on the development of drugs for cancer, HIV and other medical conditions. The company today announced an acquisition agreement with Javelin Pharmaceuticals (AMEX: JAV), a company engaged…
Watching the markets and recent economic trends, one might readily understand why the market for initial public offerings (IPO) has been less active. These first time offerings of stock, for up and coming companies, all…
Luby’s, Inc. reported a net loss of $3.7 million, or $0.13 per share, in its first fiscal quarter of 2010. Same store sales fell by 13.5% after adjusting for a hurricane that affected comparability. The…
NetSol Technologies Inc. is a worldwide provider of global business services and enterprise application solutions, leveraging its BestShoring practices and highly experienced resources to deliver high-quality, cost-effective solutions. The company has operations all around the…
NetSol Technologies, Inc., an enterprise software and business services provider with a footprint spanning the global marketplace, has operations in such diverse locations as Beijing, Bangkok, London, Lahore, Adelaide, Riyadh, San Pedro Sula and San…
The Steak n Shake Company reported net income of $3.4 million, or $0.21 per share, in the fourth quarter of fiscal 2009. This was a strong improvement from the net loss of $9.2 million, or…
Yesterday, leading semiconductor product supplier, Mattson Technology, Inc., announced that a prominent Asia-based semiconductor foundry has placed multiple orders for the company’s Suprema® photoresist strip system. Mattson noted that the Suprema systems will be used…
Carrizo Oil & Gas, Inc. recently signed an agreement to sell an interest in some of its oil and gas properties to the Sumitomo Corporation for $15.7 million. Sumitomo Corporation will receive a 12.5% interest…
NetSol Technologies, Inc., a worldwide provider of global business services and enterprise application solutions, leverages its BestShoring(TM) practices and highly experienced resources to deliver high-quality, cost-effective solutions. Their suite of products and services include credit…
KongZhong Corp. is a leading mobile internet company in China that delivers wireless value-added services to consumers in China through multiple technology platforms – wireless application protocol (WAP), multimedia messaging service (MMS), JAVA, short-messaging service…
China North East Petroleum Holdings Ltd. signed an agreement to sell 1.9 million shares of its common stock to a group of institutional investors. The company issued the shares at $6.875 per share, raising gross…
Founded in 1995, NetSol Technologies Inc. is a worldwide provider of global business services and enterprise application solutions. The company uses their BestShoring™ practices and experienced resources in analysis, development, quality assurance, and implementation to…
Long-term investing comes in many forms. An investor can look forward and see a profit as a company develops, or see benefit as government looks forward to invest in infrastructure. In other words, there are…
Akeena Solar, Inc., well known in the solar industry as a top manufacturer and installer, has promoted Gary Effren from CFO to President and also subsequently promoted Margaret Randazzo from controller to the CFO position,…
Oncolytics Biotech, Inc., a Calgary-based biotechnology company focused on the development of oncolytic viruses as potential cancer therapeutics, recently announced that the company has appointed Dr. Alan Warrander to the role of senior vice president…
Quicksilver Gas Services LP (KGS) announced today that it would sell 4 million common units at a price of $21.10. The common units represent limited partnership interests in the company. The offering will raise $84.4…
As has been suggested in past posts, taking the longer-term view can be very profitable. Understanding current economic conditions and where they may be down the road is the key. Fortunately or not, the mining…
VirnetX Holding Corp. is a communications and collaboration technology company with more than 48 U.S. and international patents, as well as pending applications for its GABRIEL Connection Technology. The company today announced the launch of…
Hi-Tech Pharmacal Co., Inc. reported second fiscal quarter (ending Oct. 31) data today, which showed notable growth from the previous year. HITK’s net sales were up 63%, to $40.9M, from last year for the three-month…
BTU International, a leading supplier of advanced thermal processing equipment and processes to the alternative energy and electronics manufacturing markets, today announced that it has received $5.5 million worth of orders from Asia/Pacific customers for…
Rex Energy Corp. reported the completion of a well in the Marcellus Shale. The Alder Run #1H had an average production rate of 4.1 million cubic feet per day of natural gas during the first…
Sharps Compliance Corp. provides cost-effective disposal solutions for medical waste, such as hypodermic needles, lancets and other objects used to puncture or cut the skin. The company yesterday announced a multi-year schedule contract by the…
Hyperdynamics Corp. recently said that it signed an agreement to issue 7.22 million shares of common stock at a price of $0.90 to several different institutional investors. The company would realize gross proceeds of $6.5…
Today, plant and animal nutrient distributor, manufacturer and developer Yongye International, Inc. announced an update to the October 2009 3-year growth strategy, detailing its production capacity and branded store network for 2010. The company expects…
One company whose star is certainly shining bright is TransAtlantic Petroleum. A vertically integrated international energy company, TransAtlantic is engaged in the acquisition, development, exploration, and production of crude oil and natural gas. In this…
Plato Learning, Inc. reported fiscal 2009 net income of $957,000, or $0.04 per share. This was a vast improvement over the $91.9 million, or $3.85 per share, loss it reported in fiscal 2008. Revenues came…
Friday, communication semiconductor solutions provider Zarlink Semiconductor announced that it has appointed Gary Tanner as Chief Operating Officer and Dr. Stan Swirhun as Chief Technology and Marketing Officer. In his new role, Mr. Tanner will…
China Yida Holding Company, a leading diversified entertainment enterprise focused on the fast-growing media and tourism industries in China, recently announced that the company has received approval to list its common stock on the NASDAQ…
Phoenix Footwear Group, Inc. reported that it had entered into a two-year secured revolving credit agreement with First Community Financial. The agreement replaces a similar credit agreement with Wells Fargo Bank. Phoenix Footwear Group, Inc.…
Oilsands Quest Inc. is engaged in a variety of projects in the oil and gas industry with an emphasis on Western Canada’s oil sands. The company is aggressively exploring Canada’s largest contiguous oil sands land…