June 2010 - Page 21 of 35

FridayJun 11, 2010 10:04 am

Herley Industries, Inc. (HRLY) Reports Increase in Net Income and Sales

Herley Industries, Inc. reported an increase in net income and sales in the third fiscal quarter of 2010 ending 5/2/2010. The company also reported strong bookings during the quarter and an improved backlog. Herley Industries, Inc. reported net income of $2.6 million, or $0.19 per diluted share, in the third fiscal quarter of 2010, compared to $2.4 million, or $0.18 per diluted share, in the corresponding quarter of fiscal 2009. Herley Industries, Inc. reported sales of $45.4 million in the quarter that just ended, compared to $41.8 million in the same quarter of fiscal 2009. The company ended the quarter…

FridayJun 11, 2010 10:03 am

Zhongpin, Inc. (HOGS) Announces New Meat Processing Plant and Distribution Center in China

Zhongpin Inc., a leading meat and food processing company in China, today announced plans for a major new processing plant and distribution center to serve eastern China, including Shanghai and the Yangtze river delta area. The plant will be located in Jiangyan, north of Shanghai on the eastern coast of China, and will be operated through a new subsidiary company named Taizhou Zhongpin Food Co., Ltd., with an initial registered capital of $7.3 million. It will produce chilled and frozen pork and prepared pork products, and will significantly broaden Zhongpin’s cold-chain logistics business in Jiangsu province. Construction of the new…

FridayJun 11, 2010 10:01 am

China Electric Motor Appoints Dexter Fong as Chief Financial Officer

China Electric Motor Inc. (NASDAQ: CELM) is a China-based company that engages in the design, production, marketing and sale of micro-motor products through its subsidiary Shenzhen YPC. The company's products are incorporated into consumer electronics, automobiles, household appliances, toys and power tools, and are sold under its “Sunna” brand name. It sells its micro-motors to customers in China, Hong Kong and Korea. The company announced today that Heung Sang “Dexter” Fong, who has served as a director of China Electric since January 2010, has been appointed to the role of chief financial officer and corporate secretary. The CEO of China…

FridayJun 11, 2010 9:06 am

DecisionPoint Systems Inc. (DNPI.OB) Exceeds Expectations with Launch of MobileArc for Couriers

DecisionPoint Systems Inc. is a young company that is starting to earn the attention of savvy investors on Wall Street. Located in Foothill Ranch, California, DecisionPoint Systems has made a name for themselves by delivering improved productivity and operational advantages to its clients by helping them move their business decision points closer to their customers. One of the main reasons for the success of DecisionPoint is the launch of their MobileArc for Couriers. MobileArc for Couriers is a comprehensive package of services, which enables courier and same-day delivery companies to offer sophisticated delivery tracking for their customers, the same services…

FridayJun 11, 2010 9:01 am

New Leaf Brands (NLEF.OB) Donates Iced Teas to the Michael Napoleone Memorial Baseball Tournament

New Leaf Brands recently made a large donation of their iced teas for a weekend baseball tournament charity fundraiser hosted by the Michael Napoleone Memorial Foundation held in Batavia, NY over Memorial Weekend. The third annual Michael Napoleone Memorial Baseball tournament held at the Batavia Minor League and Little League complex on May 28-30 was a great success as teams from many Western New York cities, including Pittsford, Penfield, Avon, Fairport, Victor, Amherst and Batavia, competed in two different age brackets. The weekend weather was some of the hottest days of the year. Thanks to the generosity of New Leaf…

FridayJun 11, 2010 8:56 am

NT Media Corp. (NTMI.OB) Joins the Twitterverse and Facebook Nation

NT Media Corp., a cutting-edge media technology firm and a producer of original online entertainment in niche social markets, announced today that their original and user-submitted content on their social network properties will now be available on Facebook and Twitter. NT Media is no stranger to the world of social networking. Their alternative lifestyle channel, NeuroTrash.tv, is host to a wide variety of viral and independent videos. The original web series, “Straight Up with a Twist” debuted in January 2010 on NeuroTrash.tv. Starting today though, consumers can “like” the web series on Facebook and follow the latest news with Twitter.…

FridayJun 11, 2010 8:53 am

National Holdings Corp. (NHLD.OB) Corrects Accounting Errors for 3QTR ’09 and 1QTR ’10

National Holdings Corp. announced today that the full service investment banking company has corrected an accounting error in which certain revenues and operating expenses were understated in the fiscal quarter ended December 31, 2009 and March 31, 2010. Before anyone panics, the accounting error didn't affect the cash flows from operating, investing, or financing activities of prior time periods. The margins of correction are less than .6% of the total amount of revenues previously listed. To be exact, Revenues were overstated by approximately $61,000 and $157,000, or 0.22% and 0.54%, respectively. Operating expenses were understated by approximately $113,000 and $16,000,…

FridayJun 11, 2010 8:51 am

Xodtec LED, Inc.’s (XODG.OB) LED MR16 Lamp Passes New CE standards

Yesterday, Xodtec LED, Inc. announced that their LED MR16 lamp has passed the new CE standards. This complies with amended EMC Directive published in OJEU (Official Journal of the European Union). Mr. Mike Chou, Chief Operation Officer of Xodtec LED, Inc., commented, "We believe that it is a major achievement for us to meet this test because the standard requires the electronic design to be confined inside the small housing. We hope that this certification will provide us with an advantage in marketing our LED MR16 into overseas markets where it must meet strict safety standards." Xodtec LED, Inc. highlighted…

FridayJun 11, 2010 8:49 am

Diamond Ranch Foods, Ltd. (DRFO.OB) Announces Appointment of Victor Petrone as Chief Operating Officer and Chief Financial Officer

Diamond Ranch Foods, Ltd., a highly strategic food group distributor and processor of a broad selection of the finest quality meats, poultry and foodservice items, recently announced the appointment of Victor Petrone as the company’s chief operating officer. He will also assume the responsibilities of chief financial officer. With extensive experience in the importing / exporting, foodservice and distribution industries, Mr. Petrone founded International Food Specialists Inc. (IFS), an import-export company representing over 70 manufacturers and 500+ product lines, in 2004. In 2006, Mr. Petrone consolidated IFS, Inc. with publicly traded Nascent Wine Company, Inc. where he served as the…

FridayJun 11, 2010 8:46 am

Cytosorbents Corp. (CTSO.OB) Video Chart for Friday, June 11, 2010

CTSO is holding support and looking to challenge the resistance at $.08. We are looking for the support to continue to hold as CTSO tries to find a bottom and make a reversal. Please click the following link: http://www.qualitystocks.net/videocharts.php?chartvid_id=415 Let us hear your thoughts below:

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Month: June 2010