October 2009 - Page 7 of 34

TuesdayOct 27, 2009 8:52 am

Newport Digital Technologies, Inc. (NPDT.OB) Becomes Official Sponsor of University of Arkansas RFID Research Center

Newport Digital Technologies, Inc. announced this morning that it is a Lab Sponsor to the University of Arkansas RFID (Radio-Frequency Identification) Research Center at the Sam M. Walton College of Business. "We are pleased to officially become a sponsor of the University of Arkansas RFID Research Center," stated NPDT CEO Gary DeMel. "Our Company has made a commitment to bringing leading edge RFID solutions to market and we are excited to be a part of the leading RFID research center in the world. As we previously announced, Newport Digital has opened up a sales and research and development office in…

TuesdayOct 27, 2009 8:02 am

Pay88, Inc. (PAYI.OB) and Alibaba.com Ltd. Announce New Sales Agreement

Pay88, Inc. reported yesterday that its wholly-owned subsidiary Qianbao Technology will act as a distributor for Alibaba.com Limited (HKSE: 1688.HK). Pay88 already has an established network of users in Southwestern China where the distribution for Alibaba will occur. Pay88, Inc. is a rapidly growing digital technology company and the leading reseller of internet game time in China. Alibaba.com Limited (HKSE: 1688.HK) is the world's largest marketplace for global trade and the leader in business-to-business (B2B) e-commerce. The agreement will enable Pay88 to expand products in its current distribution pipeline while opening new geographic markets up to Alibaba. Guo Fan, Chairman…

MondayOct 26, 2009 3:28 pm

Entree Gold, Inc. (EGI) Receives Critical Mining Licenses

Entree Gold Inc., a Canadian mineral exploration company, announced today that its application for conversion of the Shivee Tolgoi and Javhlant exploration concessions to mining licenses has been approved by the Mineral Resources Authority of Mongolia. The sites are located in southern Mongolia, not far from the northern border of China, and total over 75,000 hectares, or about 185,000 acres. The Javhlant license, along with the eastern portion of the Shivee Tolgoi license, are subject to a joint venture with Ivanhoe Mines Ltd through its subsidiary Ivanhoe Mines Mongolia Inc. LLC (NYSE: IVN, Nasdaq: IVN). The license sites completely surround…

MondayOct 26, 2009 3:25 pm

October 26th CEOcast Weekly Newsletter

Companies featured in this edition of the newsletter: CVM, CHIP, GERS, IMUC, IWEB, NXOI, OMCM, ONEZ, SIHI Volatile trade characterized much of last week as markets searched for direction in the wake of a multitude of earnings reports that left investors wondering as to the overall state of recovery and sent all of the major indices modestly into negative territory. All told, the Dow surrendered 23 points on the week, losing 0.2% to close at 9972, paring its yearly gains to 13.6%. The Nasdaq lost 0.1% on the week, closing at 2154, but still up 36.6% on the year, while…

MondayOct 26, 2009 3:25 pm

Evergreen Solar Inc. (ESLR) Opens Berlin-Based Headquarters to Strengthen European Presence

Evergreen Solar Inc. has emerged as a recognizable figure in the solar power industry. The company develops, manufactures and markets String Ribbon™ solar power products for residential and commercial applications around the world. The solar manufacturer today announced the recent opening of its Europe-based headquarters in Berlin, Germany, which is expected to extend the reach of the company’s presence in the German market. With headquarters in Berlin, the company anticipates taking advantage of solar incentives and the accelerated business growth in Europe. “Berlin is an ideal location for us to establish our European headquarters,” Peter Rusch, managing director of Evergreen…

MondayOct 26, 2009 2:32 pm

Home Shopping Latino, Inc. (HSPG.PK) is “One to Watch”

Home Shopping Latino, Inc. is focused on launching a QVC-style television network under the name "Viva Telecompras" for selling gemstones, jewelry, vitamins, and beauty care products. All the merchandise will be provided by third-party wholesalers. To enhance consumer response, the company intends to use well known Hispanic celebrities. The company is particularly interested in marketing high-quality, high-margin gemstones from Madagascar and has developed exclusive relationships for this purpose. As its distribution network develops, management plans to import gemstones directly from Madagascar and subcontract with jewelry manufacturers in Florida to offer viewers exceptional value while maintaining a high profit margin. Management…

MondayOct 26, 2009 12:24 pm

VIASPACE, Inc. (VSPC.OB) Subsidiary Reports Increasing Sales, Expanded Distribution of Framed Art

VIASPACE Inc. announced earlier today that its framed-art subsidiary Inter-Pacific Arts (IPA) signed sales contracts with four new customers. These customers included two large furniture chain-retailers on the East Coast and two high-volume furniture wholesalers that sell through catalogs and outlet stores. Shipments are anticipated to begin before this year's holiday season. According to the press release, the subsidiary is also in discussions with other retailers and wholesalers, including "big box" wholesale-to-the-public membership clubs. IPA realizes that the economic downturn has affected all areas of consumer spending. However, the subsidiary’s commitment to increasing its customer base is expected to enhance…

MondayOct 26, 2009 11:06 am

NanoViricides, Inc. (NNVC.OB) Reports Progress in Drug Development Programs and Fiscal Responsibility

One company that has been gaining acclaim in their industry, but not on Wall Street, is NanoViricides. An odd series of events is causing confusion in the marketplace. NanoViricides is a development stage company that is creating special purpose nanomaterials for viral therapy. Based in Connecticut, the young company has gained raved reviews for its HIVCode which could result in a functional cure for HIV/AIDS. Besides the HIVCode, NanoViricides has been making progress in all aspects of their company. NanoViricides has reported that it is well-financed into the future and its game changing anti-viral and drug programs have continued to…

MondayOct 26, 2009 11:03 am

Honeywell International Inc. (HON) Third Quarter Profit Declines but Beats Expectations

Honeywell International Inc., a Fortune 100 diversified technology and manufacturing leader, recently announced that the company’s third-quarter profit fell 15 percent due to slower sales in all its divisions with aviation and industrial products continuing to struggle. For the third quarter ended September 30, the company earned $608 million, or 80 cents per share, down from $719 million, or 97 cents per share, one year ago. In addition, revenue declined 17 percent to $7.7 billion, down from $9.28 billion during the third quarter of 2008. Analysts surveyed by Thomson Reuters expected lower earnings of 72 cents per share on higher…

MondayOct 26, 2009 11:01 am

Gran Tierra Energy (GTE) Finds itself Ahead of Oil Production Targets and Possible Royalty Payments

Being in the right place with the right product is more than half the game when it comes to making profit. The oil commodity market is a prime example. There will be times when the price for the commodity is down and a company needs to retrench. Other times find the market flying high with profits flowing nicely. In either event, a company must be ready for the cycle to change. If a company can time there activities to match what "may" happen in the pricing cycle, large profit windfalls can occur. Gran Tierra Energy Inc., an oil and gas…

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Month: October 2009