September 2008 - Page 10 of 61

ThursdaySep 25, 2008 12:08 pm

Bailout Opposition Materializes in the Form of Protest

According to organizers at TrueMajority.com, 220 bailout protest events have been planned in over 30 states by citizens who believe that a taxpayer bailout of Wall Street should be out of the question. Grassroots advocacy group UsAction is at the forefront of these protests, citing that the majority of Americans, whether they understand the problem or not, are just saying no. The group's program director Alan Charney stated: "The people we entrusted to run our economy have failed us. We can no longer trust them to get us out of this financial mess." Even as lawmakers move closer to an…

ThursdaySep 25, 2008 12:07 pm

Unemployment Reaches 7-Year High

The highest number of jobless claims in the U.S. since November of 2001 was reported last week as the economy faltered and the aftermaths of Hurricanes Ike and Gustav continued to be felt. For the week ending September 20th, new requests for unemployment benefits surged to 493,000, nearly 50,000 more than what analysts had expected. This marks the tenth straight week of claims numbering more than 400,000, a figure that many economists consider to be indicative of a recession. Let us hear your thoughts below:

ThursdaySep 25, 2008 12:06 pm

MicroCap Gems Featured Stock: Smartpros Ltd. (SPRO)

Smartpros Ltd. is a leader in the field of accredited professional education. The corporate training it provides covers a broad spectrum from corporate, public, and governmental accounting, to financial management and services. The company also offers training products pertaining to engineering, banking, business ethics, and compliance. Smartpros helps Fortune 500 corporations educate personnel over a variety of media, with courses offered on the Internet, in print, as well as on CD-ROM and DVD. Overall, the company boasts more than 1,800 hours of accredited education spread over hundreds of individual lessons. The distribution of this content is accomplished through Smartpros' proprietary…

ThursdaySep 25, 2008 10:57 am

China Sunergy Co., Ltd. (CSUN) Inks 7-Year Solar Cell Sales Deal

China Sunergy Co., Ltd. (CSUN), a manufacturer of monocrystalline solar cells in China, announced this morning that it has signed a seven-year sales contract with Wuxi Guofei Green Energy Source Co., Ltd., a Chinese solar energy company. Under terms of the agreement, China Sunergy will supply Wuxi Guofei with 10 MW of solar cells each year from 2009 through 2015, and China Sunergy will receive an advance payment before the initial shipment. “This represents a significant domestic sales agreement for China Sunergy and secures a long-term demand for our monocrystalline cells,” commented Dr. Ruennsheng Allen Wang, Director and CEO of…

ThursdaySep 25, 2008 10:56 am

China Green Agriculture, Inc. (CGAG.OB) Reports Q4 and Full-Year 2008 Results

China Green Agriculture, Inc. (CGAG.OB), a producer of humic-acid based liquid fertilizer in China, reported fourth quarter and fiscal 2008 financial results this morning. Fourth quarter revenues rose 18.1% year-over-year to $7.2 million. For the full year, revenues totaled $22.6 million, an improvement of 48.9% over 2007. Net income for the quarter was $1.3 million, or 7 cents per share - a decline of 53.9% year-over-year. Full-year net income was $7.7 million, or 53 cents per share, an increase of 12.4% vs. 2007. “We are pleased to complete China Green Agriculture's first year as a publicly listed company with solid…

ThursdaySep 25, 2008 10:08 am

Shares of e.Digital Corporation (EDIG.OB) Sky Rocket on News of First Flash-R(TM) Patent Portfolio License and Settlement Agreement

Less than two hours ago, e.Digital Corp. announced that a major electronics manufacturer purchased the first license for its Flash-R(TM) patent portfolio. As terms of the agreement, the company will be receiving a one-time licensing fee and cross-license rights to certain patents encompassing multimedia-related products. The Flash-R patent portfolio encompasses particular aspects of flash memory use. E.Digital revealed the very first portable recorder with removable flash memory in 1993 and believes its patent portfolio is essential to numerous electronics products that use flash memory. The company filed its first Flash-R portfolio patent infringement litigation against eight defendants in September 2007…

ThursdaySep 25, 2008 9:48 am

eDOORWAYS Corp. (EDWY.PK) Led by Visionary

eDOORWAYS Corp. (EDWY.PK) is on a mission to connect consumers with goods and services through its unique Internet portal. The company was founded by Gary Kimmons, an innovative leader with over 30 years experience in creating market-driven concepts for companies. Kimmons earned a bachelor degree in Behavioral Science from William Marsh Rice University and a Masters degree in Management Science from Stevens Institute of Technology at Rutgers. Early in his career, Kimmons worked at First City Bank and Bell Telephone Laboratories. He then became a corporate management development specialist with Geosource. Starting in 1978, Kimmons served as Director of Training…

ThursdaySep 25, 2008 9:16 am

Open Energy Corp. (OEGY.OB) Completes Biggest Solar Project

Open Energy Corporation (OEGY.OB), a California-based solar power development company, announced Thursday that it has completed installation of its largest solar electric project to date, totaling 17,000+ square feet of glass panels embedded with photovoltaic cells, for the California Academy of Sciences, a soon-to-open science museum in San Francisco. The solar panel array will ring the museum’s roof, generating 213,000 kilowatt-hours of electricity, or about 10% of the Academy’s anticipated electrical needs, and will be one of the biggest photovoltaic glass canopies in the United States. The solar installation will also be a key factor in the Academy’s attempt to…

ThursdaySep 25, 2008 9:13 am

Goldman Sachs Group, Inc. (GS) Gets $5 Billion from Buffett

Goldman Sachs Group, Inc. (NYSE:GS), one of only two major Wall Street investment banks left standing (the other being Morgan Stanley), has attracted the interest of one of the world’s top investors, Warren Buffett, to the tune of $5 billion. On Wednesday, Buffett agreed to purchase $5 billion in preferred Goldman stock. Buffett also secured the right, not the obligation, to purchase $5 billion more in common stock. In a CNBC interview, Buffett said that he’d been approached by Lehman and other investment banks over the past few months, but decided to go with what he considered the best firm…

ThursdaySep 25, 2008 7:41 am

Petrosearch Energy Corp. (PTNL.OB) Expects Full Flood Installation at Texas Site by 2008 Year-End

In the natural resources exploration and development game, all the testing and exploration in the world is of little use unless the end-product can be extracted at a profitable cost/price ratio. For the most part, achieving this ratio requires excellent planning and execution to maximize yield and minimize cost. From an investment perspective, a management team with a valid, long-term plan and the capacity to make it work is required. An investor who can find such a team, and company, with development prospects is an investor who will most likely profit. Petrosearch Energy Corp., an oil and gas exploration and…

Site Search

Company Search

Month: September 2008