|
|
|
Archive for September, 2011
September 7th, 2011 at 02:56 pm
Royce Focus Trust, Inc. (Nasdaq:FUND) has declared a quarterly distribution of $0.11 per share on its Common Stock. The distribution, optionally payable in additional shares of Common Stock, or in cash by specific stockholder election, is to be paid on September 23, 2011 to stockholders of record at the close of business on September 6, 2011 (ex-dividend on September 1, 2011). The price of shares issued for reinvestment will be determined on September 13, 2011.
Royce Focus Trust, Inc. is a close-ended equity mutual fund launched and advised by Royce & Associates. The fund primarily invests in the public equity markets across the globe.
Read more at: http://crwewallstreet.com/?p=21207
Posted in
Investing
|
0 Comments »
September 7th, 2011 at 02:51 pm
Crown Equity Holdings Inc. (CRWE)
Crown Equity Holdings Inc. (CRWE) is pleased to announce that it has entered into a joint venture to deploy VoIP (Voice over Internet Protocol) technology delivering voice, video and data services to residential and commercial customers. The joint venture company is Crown Tele Services Inc. which was a wholly-owned subsidiary of Crown Equity Holdings Inc. Crown Equity Holdings Inc. will own fifty percent (50%) interest in the joint venture.
Read more at: http://crwewallstreet.com/?p=21206
Posted in
Investing
|
0 Comments »
September 7th, 2011 at 02:40 pm
B.O.S. Better Online Solutions Ltd. (Nasdaq:BOSC) reported its financial results for the second quarter of 2011. Revenues grew by 7.6% to $8.4 million, up from $7.8 million in the same quarter last year. Operating loss amounted to $89,000 compared to operating income of $376,000 in the same quarter last year. EBITDA amounted to $139,000 compared to $588,000 in the same quarter last year.
B.O.S Better Online Solutions Ltd., through its subsidiaries, provides mobile and radio frequency identification (RFID) solutions, and supply chain solutions for enterprise logistics and organizational processes.
Read more at: http://crwewallstreet.com/?p=21205
Posted in
Investing
|
0 Comments »
September 7th, 2011 at 02:15 pm
Salix Pharmaceuticals, Ltd. (NASDAQ:SLXP) announced that the Company will present at three health care investment conferences during September 2011. Information of these conferences is provided: William Blair 2011 Life Sciences Conference. New York, NY, Wednesday, Sept. 7 1:20 p.m. ET. Morgan Stanley Global Healthcare Unplugged Conference, New York, NY Tuesday, Sept. 13. 3:55 p.m. ET, Jefferies 2011 Global Healthcare Conference , London, UK Tuesday, Sept. 27 9:20 a.m. ET. Interested parties can access a live audio web cast of these presentations at http://www.salix.com.
Read more at: http://crwewallstreet.com/?p=21204
Posted in
Investing
|
0 Comments »
September 7th, 2011 at 01:16 pm
Cleantech Transit Inc. (CLNO)
Biomass is a renewable source of energy that has a much lighter environmental impact than traditional fossil fuels. As a part of the carbon cycle, harvesting energy from biomass produces only 10% of the carbon dioxide emissions than does burning fossil fuels. Putting biomass to use as a source of energy also reduces the amount of organic waste that ends up in landfills.
Read more at: http://crwewallstreet.com/?p=21203
Posted in
Investing
|
0 Comments »
September 6th, 2011 at 03:19 pm
Esterline Corporation (NYSE:ESL) reported its fiscal 2011 third quarter (ended July 29) income from continuing operations of $37.7 million, or $1.21 per diluted share, on sales of $409.5 million. Year-ago income from continuing operations was $39.3 million, or $1.28 per diluted share, on sales of $378.3 million. Brad Lawrence, Esterline's Chief Executive Officer, said, "...overall, we're pleased with our third quarter. All three of Esterline's segments posted sales improvements, and consolidated gross margins improved nearly 100 basis points over last year." Lawrence reiterated comments he made last quarter regarding the anticipated moderation of the "...exceptional strength in our spare parts business that we have experienced over the last several quarters." He said airlines and distributors had been restocking depleted inventories, and the spare parts business now more accurately reflects air transport usage.
Esterline Technologies Corporation designs, manufactures, and markets engineered products and systems primarily for the aerospace and defense market, as well as for industrial/commercial and medical markets in the United States and Europe.
Read more at: http://crwewallstreet.com/?p=21199
Posted in
Investing
|
0 Comments »
September 6th, 2011 at 03:15 pm
Crown Equity Holdings Inc. (CRWE)
Voice over IP (VoIP) technology for business provides many advantages to companies and individuals over both traditional telephone services and traditional IP communications.
Businesses are reducing costs using VoIP, improving customer service while gaining access to features and applications that increase worker productivity. The best business phone systems can stand the test of time and grow with your business needs. Businesses simply send all of their information over their Broadband Internet connection whether it be Internet data from PCs or voice calls from their employees. It all shares the same pipe, which could be DSL or Cable High Speed connection for Small Offices or T1/T3 cables for medium to larger sized businesses.
Read more at: http://crwewallstreet.com/?p=21198
Posted in
Investing
|
0 Comments »
September 6th, 2011 at 03:12 pm
Orbit International Corp. (NASDAQ:ORBT) announced that its Power Group, through its Behlman Electronics, Inc. subsidiary ("Behlman"), received a $458,000 follow-on order for a COTS power supply for a computer system used on a major missile defense system. Deliveries are expected to commence in the fourth quarter of 2011 and continue through the second quarter of 2012. This COTS power supply is part of a system upgrade for an ongoing program for which Behlman received its initial order in July 2009. This follow-on order is Behlman's second, bringing the total value of related orders to $1.6 million. Furthermore, Behlman's customer has the option to purchase additional units valued at up to $810,000 by June 2012.
Orbit International Corp., through its subsidiaries, engages in the design, manufacture, and sale of electronic components and subsystems, and commercial and custom power units.
Read more at: http://crwewallstreet.com/?p=21197
Posted in
Investing
|
0 Comments »
September 6th, 2011 at 03:10 pm
Evolving Systems, Inc. (NASDAQ: EVOL) announced that an African customer has placed a significant upgrade order for the Company's Dynamic SIM Allocation™ (DSA) solution, providing support for mobile broadband and number selection. The initial phase of the DSA solution allowed the operator to overcome many of the issues associated with pre-provisioning, such as number utilization, network capacity and regulatory constraints. Instead of batch pre-provisioning, DSA enables the operator to instead provision the SIM card when the phone is first switched on and used. Key network elements such as the HLR will only be provisioned at the time of first use, freeing up valuable network capacity and reducing operational costs.
Evolving Systems, Inc. provides software solutions and services to the wireless, wireline, and Internet protocol (IP) cable markets.
Read more at: http://crwewallstreet.com/?p=21196
Posted in
Investing
|
0 Comments »
September 6th, 2011 at 03:06 pm
DaVita Inc. (NYSE VA) announced the appointments of Atul Mathur and Björn Englund to lead two separate international expansion efforts. "These appointments signal a sharp focus, and long-term commitment to international growth," said Kent Thiry, DaVita CEO and chairman of the board. "Developing global markets will play an important role in our long-term expansion strategy."
DaVita Inc. provides kidney dialysis services in the United States. It offers services for patients suffering from chronic kidney failure, or end stage renal disease (ESRD).
Read more at: http://crwewallstreet.com/?p=21193
Posted in
Investing
|
0 Comments »
September 6th, 2011 at 03:04 pm
Cleantech Transit Inc (CLNO)
The idea behind renewable energy is that energy can be derived from sources that are always available since they are naturally replenished, rather than from sources that are non-renewable and so will run out. Once a non-renewable source of energy has been used, it is gone. Renewable sources of energy cannot be depleted.
Renewable energy is a form of energy that comes from a source that is not going to run out. It offers an alternative to non-renewable sources of energy, which are derived from sources that will one day be completely depleted. Energy sources such as oil are non-renewable. There is only a certain amount of oil in the world, and oil is no longer being produced, which means that at some point it will all be used up. A renewable source of energy is one that is constantly being created, so it is always there to use. You can take the energy from sunlight, the wind, or another renewable source, and there will always be more energy available in the future because you are not consuming something that is irreplaceable.
Read more at: http://crwewallstreet.com/?p=21194
Posted in
Investing
|
0 Comments »
September 6th, 2011 at 03:00 pm
Telvent GIT, S.A., (Nasdaq:TLVT) announced that it has been selected by Progress Energy Florida (PEF) to engineer, design and implement Telvent's OASyS SCADA solution to help the utility better serve its more than 1.6 million electric customers. Telvent will implement its supervisory control and data acquisition (SCADA) system, OASyS DNA, allowing PEF to receive reliable, real-time information from the field. This data is presented in a user-friendly interface, seamlessly integrating with the utility's current software. With Telvent managing PEF's distribution network and maintaining its operational integrity, PEF will have enhanced reliability and the capacity to make faster operational decisions, increase distribution efficiency and enhance customer satisfaction.
Telvent GIT, S.A., through its subsidiaries, provides IT solutions and information services for customers in the infrastructure markets primarily in Europe, North America, Latin America, the Asia-Pacific region, the Middle-East, and Africa.
Read more at: http://crwewallstreet.com/?p=21192
Posted in
Investing
|
0 Comments »
September 6th, 2011 at 02:57 pm
8x8, Inc. (Nasdaq:EGHT) announced the appointment of Vance Raeside as its Washington DC-based Director, Federal Sales, responsible for overseeing all direct and indirect sales activity with federal, state and local government agencies. Raeside brings nearly two decades of telecommunications sales experience to 8x8, including 13 years selling into the public sector as Manager, Federal Sales at Shoretel, Inc. and Manager, Business/Systems Integrator Partners at Nortel Government Solutions. While at Shoretel, Raeside developed and launched the company's go to market strategy for sales to US Federal government agencies resulting in the addition of 60 new federal channel partners and the initiation of new GSA Connections II and Networx contracts. At Nortel Government Solutions, Raeside managed relationships with strategic partners and systems integrator partners including General Dynamics, SAIC and Ronco, meeting sales quotas in excess of $36 million.
8x8, Inc. develops and markets telecommunications services for Internet protocol (IP), telephony, and video applications, as well as provides Web-based conferencing and unified communications services.
Read more at: http://crwewallstreet.com/?p=21190
Posted in
Investing
|
0 Comments »
September 5th, 2011 at 03:07 pm
Cutera, Inc. (Nasdaq:CUTR) reported that Japan’s Ministry of Health Labor and Welfare approved the Solera Titan Infrared Light System for marketing and distribution.
CUTR’s Solera Titan introduces the first infrared light source for sustained, deep volumetric dermal heating. Solera Titan treatments can be performed on the face, neck, abdomen and extremities.
CUTR recently reported for its second quarter 2011 revenue of $14.9 million, a 22% increase year over year
CUTR, a leading provider of laser and other light-based aesthetic systems for practitioners worldwide, has been developing innovative, easy-to-use products that enable physicians and other qualified practitioners to offer safe and effective aesthetic treatments to their patients
More about CUTR at www.cutera.com
Read more at: http://crwewallstreet.com/?p=21170
Posted in
Uncategorized
|
0 Comments »
September 5th, 2011 at 03:00 pm
XPO Logistics, Inc. (NYSE Amex:XPO) is a premium third-party logistics (3PL) provider offering expedient, single-source solutions for time-critical and service-sensitive shipments through its non-asset based transportation network. XPO serves customers in the U.S, Canada and Mexico with domestic and international freight destinations.
XPO’s suite of premium logistics services is offered through three brands: expedited surface transportation through Express-1, Inc., domestic and international freight forwarding services through Concert Group Logistics, Inc., and premium truckload brokerage services through Bounce Logistics, Inc. XPO’s compatible divisions share the same values in providing first-class service through a results-driven workforce. XPO customers have access to a comprehensive suite of premium logistics services, while leveraging integrated networks, systems, skill sets and industry expertise. All three divisions are SmartWay Transport partners, demonstrating company-wide commitment to environmentally friendly operations.
XPO Logistics, Inc. completed the previously announced equity investment led by Jacobs Private Equity, LLC. Under the terms of the transaction, Jacobs Private Equity and minority co-investors will invest an aggregate of up to $150 million in cash in the Company, including an investment by Jacobs Private Equity of up to $135 million, in each case including amounts payable upon exercise of warrants.
Upon closing, Bradley Jacobs, managing director of Jacobs Private Equity, became the chairman of the Company’s new board of directors, which is comprised of G. Chris Andersen, Michael Jesselson, Adrian Kingshott, James Martell, Jason Papastavrou and Oren Shaffer. Jacobs will also serve as chief executive officer.
The transaction received stockholder approval by vote on September 1, 2011. Additionally, stockholders approved the Company’s new name of XPO Logistics, Inc. (formerly Express-1 Expedited Solutions, Inc.), effective immediately. The stock will continue to trade under the symbol XPO.
Founded in 1989, XPO Logistics, Inc. is a non-asset-based, third-party logistics services provider that uses a network of relationships with ground, sea and air carriers to find the best transportation solutions for its customers. The Company offers its services through three distinct business units: Express-1, Inc. (expedited transportation solutions), the fifth largest U.S. expedited freight service provider, according to The Journal of Commerce; Concert Group Logistics, Inc. (domestic and international freight forwarding); and Bounce Logistics, Inc. (premium truckload brokerage). The Company serves more than 4,000 retail, commercial, manufacturing and industrial customers through six U.S. operations centers and 23 agent locations. In 2010, the Company completed more than 144,000 transactions for customers and generated revenues of approximately $158 million. www.xpocorporate.com
Read more at: http://crwewallstreet.com/?p=21177
Posted in
Investing
|
0 Comments »
September 5th, 2011 at 02:33 pm
PennantPark Investment Corporation (NASDAQ:PNNT) declared its fourth fiscal quarter 2011 distribution of $0.27 per share, payable on October 3, 2011 to stockholders of record as of September 23, 2011. Distributions are paid from taxable earnings and may include return of capital and/or capital gains. The specific tax characteristics of the distribution will be reported to stockholders on Form 1099 after the end of the calendar year and in its periodic report filed with the Securities and Exchange Commission.
PennantPark Investment Corporation is a publicly listed business development firm specializing in direct and mezzanine investments in middle market companies.
Read more at: http://crwewallstreet.com/?p=21186
Posted in
Investing
|
0 Comments »
September 5th, 2011 at 02:28 pm
SuperGen, Inc. (NASDAQ:SUPG) announced that James S.J. Manuso, Ph.D., chairman and chief executive officer, and Harren Jhoti, Ph.D., president, will present at the Rodman & Renshaw 13th Annual Healthcare Conference on Monday, September 12th in New York as Astex Pharmaceuticals, Inc., subject to final legal and NASDAQ listing approvals.
Supergen, Inc., a pharmaceutical company, primarily engages in the discovery and development of therapies to treat patients with cancer.
Read more at: http://crwewallstreet.com/?p=21185
Posted in
Investing
|
0 Comments »
September 5th, 2011 at 02:26 pm
Cleantech Transit Inc (CLNO)
It is only a matter of time when oil and coal will be down in the history books titled under "Once upon a time." So what can we do to change our future? Probably not much, but what we can do is prolong the life of these valuable resources by focusing on to something that is more tangible, like biomass. Biomass already plays a large role in renewable energy, more than all other types of renewable energies combined.
Read more at: http://crwewallstreet.com/?p=21183
Posted in
Investing
|
0 Comments »
September 5th, 2011 at 02:20 pm
IRIDEX Corporation (Nasdaq:IRIX) announced the introduction of its new XP Module - a high power factory installed option for the IRIDEX IQ 532 green laser system. The IQ 532 XP is a multifunctional device that can be utilized by ear, nose and throat (ENT) surgeons and ophthalmologists - expanding overall utilization and making a laser investment more attractive. The optional XP module doubles the power of the standard IRIDEX IQ 532, facilitating the rapid and efficient treatment of tissue while limiting unwanted thermal effects and provides ENT surgeons with a portable KTP 532 nm laser system that is optimized for their clinical needs.
IRIDEX Corporation provides therapeutic based laser systems, delivery devices, and consumable instrumentation to treat eye diseases in ophthalmology, and skin conditions in dermatology in the United States and internationally.
Read more at: http://crwewallstreet.com/?p=21182
Posted in
Investing
|
0 Comments »
September 5th, 2011 at 02:16 pm
Crown Equity Holdings Inc. (CRWE)
Crown Equity Holdings Inc. (CRWE) is pleased to announce that it has entered into a joint venture to deploy VoIP (Voice over Internet Protocol) technology delivering voice, video and data services to residential and commercial customers. The joint venture company is Crown Tele Services Inc. which was a wholly-owned subsidiary of Crown Equity Holdings Inc. Crown Equity Holdings Inc. will own fifty percent (50%) interest in the joint venture.
Read more at: http://crwewallstreet.com/?p=21180
Posted in
Investing
|
0 Comments »
September 5th, 2011 at 02:08 pm
Central Bancorp, Inc. (NASDAQ:CEBK) announced that the U.S. Department of Treasury has invested $10.0 million in the Company's preferred stock the Small Business Lending Fund (the "SBLF"). The SBLF is a voluntary program intended to encourage small business lending by providing capital to qualified community banks at favorable rates. The initial interest rate on the SBLF funds will be 5% and may be decreased to as low as 1% if the Company experiences specific growth rates in its small business lending portfolio.
Central Bancorp, Inc. operates as the holding company for Central Co-operative Bank, which provides a range of banking products and services in the northwestern suburbs of Boston, Massachusetts.
Read more at: http://crwewallstreet.com/?p=21179
Posted in
Investing
|
0 Comments »
September 3rd, 2011 at 12:40 pm
SeaBright Holdings, Inc. (NYSE:SBX) announced that it will participate in the Keefe, Bruyette and Woods 2011 Insurance Conference to be held September 7 and 8, 2011 at The Crowne Plaza Times Square, 1605 Broadway, New York City. John G. Pasqualetto, SeaBright's Chairman, President and CEO, and M. Philip Romney, Vice President of Finance and Principal Accounting Officer, will provide a presentation at 11:05 a.m. in the Broadway I room on Thursday, September 8. The presentation will be webcast for those unable to attend and can be viewed by visiting the KBW website at http://www.kbw.com/news/conferenceInsurance2011_Webcast.html.
SeaBright Holdings, Inc., through its subsidiaries, provides multi-jurisdictional workers compensation insurance for maritime customers, state act customers, and employers in the construction industry.
Read more at: http://crwewallstreet.com/?p=21165
Posted in
Investing
|
0 Comments »
September 3rd, 2011 at 12:33 pm
Majestic Gold Corp. (MJGCF.PK)
Gold is one of the most useful mineral in the planet. Gold is particularly being used in so many purposes. Since this element is ductile and malleable, it can be hammered in to a remarkably thin sheet or it can be drawn into wire. Other people mix gold with other elements in order to form shapes that can be used as an ornament or display. In some countries, gold symbolizes an accomplishment, beauty and power. Because of the rarity of this element, only those that have means in life have a possession of this element.
Read more at: http://crwewallstreet.com/?p=21164
Posted in
Investing
|
0 Comments »
September 3rd, 2011 at 12:15 pm
Cleantech Transit Inc (CLNO)
Cleantech Transit Inc. was founded to capitalize on technology advances and manufacturing opportunities in the growing clean energy public transportation sector. Cleantech Transit Inc has expanded its focus to invest directly in specific green projects that could maximize shareholder value. Recognizing the many economic and operational advances of converting wood waste into renewable sources of energy, Cleantech Transit Inc. has selected to invest in Phoenix Energy (www.phoenixenergy.net).
Read more at: http://crwewallstreet.com/?p=21161
Posted in
Investing
|
0 Comments »
September 3rd, 2011 at 12:11 pm
Cleantech Transit Inc (CLNO)
Using wastes from crops such as straw and husks as a by-product to produce biomass fuel actually increases the value of the original source crops. When carbon dioxide is released during the combustion process, a carbon sink to sequester this greenhouse gas will start with replanting and oxygen will also be released into the atmosphere as photosynthesis proceeds.
With the ever present pressure on landfill sites to take municipal waste streams, the idea of getting biomass from these sites will ultimately see a cut in waste volumes accumulating in these locations, which are the cause of significant releases of methane, a greenhouse gas with over twenty times the potency of carbon dioxide.
Read more at: http://crwewallstreet.com/?p=21159
Posted in
Investing
|
0 Comments »
September 3rd, 2011 at 12:05 pm
Broadridge Financial Solutions, Inc. (NYSE:BR) is pleased to announce that it recently garnered three awards from respected technology services organizations. Financial Technologies Forum (FTF) presented Broadridge with the FTF News Technology Innovations Award for "Enterprise Operations: Most Innovative Mobile Solution." FTF voters selected Broadridge in recognition of its introduction of its new mobile proxy voting platform, Mobile ProxyVote. In a first-of-its-kind, Broadridge's Mobile ProxyVote enables shareholders to vote their proxies over an array of the latest mobile devices, including the iPhone and iPad, as well as BlackBerry, Android, Microsoft and other smartphone and tablet platforms.
Read more at: http://crwewallstreet.com/?p=21158
Posted in
Investing
|
0 Comments »
September 3rd, 2011 at 11:58 am
Hormel Foods Corporation (NYSE:HRL) reported its performance for the fiscal year 2011 third quarter. All comparisons are to the third quarter or first nine months of fiscal 2010. All per share results reported here have been adjusted to give effect to the two-for-one stock split, which was effective February 1, 2011. Diluted EPS of $.36 up 13 percent from diluted EPS of $.32, Segment operating profit up 2 percent. Dollar sales of $1.9 billion, up 10 percent, on flat volume. Grocery Products operating profit up 19 percent; volume up 1 percent; dollar sales up 4 percent.
Read more at: http://crwewallstreet.com/?p=21157
Posted in
Investing
|
0 Comments »
|