June 2010 - Page 23 of 35

ThursdayJun 10, 2010 10:39 am

Caleco Pharma Corp. (CAEH.OB) Moves Forward with Hepatitis Formulation

Caleco Pharma Corp., focused on the research and development of over-the-counter and prescription biopharmaceutical and consumer health products, has announced developments regarding its products targeting the global hepatitis C prescription market and the liver health maintenance market via a nutritional supplement formulation. Caleco identifies and develops products derived from natural sources, including plant extracts, functional oils, and probiotics. In particular, the company is targeting the $4 billion global hepatitis C prescription market, a market expected to double in size over the next seven years, reaching $8.5 billion by 2016. There are currently over 200 million people infected with chronic hepatitis…

ThursdayJun 10, 2010 10:36 am

Balqon Corp. (BLQN.OB) Brings its Proven Zero Emissions Heavy-Duty Electric Vehicles and Drive Systems to Costa Rica

Balqon Corp., www.balqon.com - the developer of zero-emission, heavy-duty Class 7-8 electric vehicles - announced recently a new dealer agreement with Electric Cars of Costa Rica S.A. (“ECCR”) to make available the Company’s vehicles and drive systems. As the Republic of Costa Rica’s leading distributor of electric vehicles (EVs), neighborhood electric vehicles (NEVs), and light duty on-road trucks, ECCR will handle distribution of the medium- to heavy-duty BLQN EVs and drive systems, in addition to service and parts. President and CEO of BLQN, Balwinder Samra, noted that Costa Rica was a “pace setter” among nations seeking to reduce their carbon…

ThursdayJun 10, 2010 8:44 am

Eternal Image, Inc. (ETNL.OB) Video Chart for Thursday, June 10, 2010

ETNL made a strong move yesterday. The price per share is through the middle bollinger band and the 50 day simple moving average. The new support levels need to hold as the chart tries to establish a new upward trend. Please click the following link: http://www.qualitystocks.net/videocharts.php?chartvid_id=415 Let us hear your thoughts below:

ThursdayJun 10, 2010 7:59 am

NetSol Technologies, Inc.’s (NTWK) Announces SAP Certification for Its smartOCI(TM) Search Engine

NetSol Technologies, Inc., a worldwide provider of global IT and enterprise application solutions, announced this morning that the Company's eProcurement catalog search engine, smartOCI(TM), has been certified by SAP for integration with SAP applications. According to the press release, smartOCI(TM) achieved the highest level of certification with the B2B-OCI catalog interface, allowing buying organizations to use smartOCI(TM) to search and exchange catalog content from suppliers worldwide and transfer these purchasing requests to the SAP and SRM backend systems. Launched only a month ago, smartOCI(TM) is designed to provide corporate buyers and shoppers a simple and intuitive user interface to search…

ThursdayJun 10, 2010 7:28 am

The Men’s Wearhouse (MW) Reports Large Increase in Net Income for First Quarter

The Men's Wearhouse reported net income of $13.6 million, or $0.26 per diluted share, in the first fiscal quarter of 2010, which ended 5/1/2010. The company earned net income of $5.2 million, or $0.10 per diluted share, in the same quarter in 2009. The Men's Wearhouse reported that revenues increased slightly on a year over year basis, from $464.1 million in the first quarter of fiscal 2009 to $473.5 million in the quarter that just ended. The Men's Wearhouse released guidance for the second quarter of fiscal 2010, and expects diluted earnings per share to be in a range of…

ThursdayJun 10, 2010 7:22 am

Luby’s, Inc. (LUB) Reports Small GAAP Profit in Third Fiscal Quarter

Luby’s, Inc. reported net income of $730,000, or $0.03 per diluted share, in the third quarter of fiscal 2010, which ended 5/5/2010. The company reported a net loss of $1.0 million, or ($0.04) per diluted share, in the same quarter of fiscal 2009. Luby’s, Inc. reported a decline in same store sales of 4.8% in the third quarter of fiscal 2010. The company’s same store sales have declined by 10.2% for the first nine months of fiscal 2010. Revenues fell by 5% on a year over year basis, to $57.2 million in the quarter that just ended, compared to $60.4…

ThursdayJun 10, 2010 7:21 am

Product Line of VitaminSpice, LLC (VTMS.OB) to Sell in Award Winning Cleveland Restaurateur’s Locations

VitaminSpice, LLC announced yesterday that Angelo's restaurant has ordered, received, and now serves VitaminSpice. Angelo's was voted The Best Pizza in Cleveland and the 2010 Winner of the "Silver Spoon Award" sponsored by Cleveland Magazine. Mr. Elvis Serrano also placed further orders for his high-end Italian restaurant, The Grand River Grill, in Lakewood, Ohio. He will be using VitaminSpice products in his catering business as well. This is because the product was so well received and utilized by customers at Angelo's. The Grand River Grill places VitaminSpice products on each table so customers can increase the nutritional value of their…

ThursdayJun 10, 2010 7:18 am

National Automation Services, Inc. (NASV.PK) Provides Operations and Investor Update

Late yesterday evening, National Automation Services, Inc., a public holding company focused on designing, engineering, installing and maintaining automated control systems, provided current details regarding proposals, contracts awarded, backlog and market status. Proposals: •The company has $1.3 million currently "bid waiting -- a notice of results from the potential customer of whom, contracts are awarded" (bid award). •Currently there is $656 thousand in contracts being proposed in the next 30 days. Contracts Awarded: •NAS has been awarded $1.4 million in contracts to date. Backlog: •NAS currently has a back log of $1.2 million in contracts. Market Status: •NAS announced elevation…

ThursdayJun 10, 2010 1:27 am

Positive News Gives Indexes a Push

Increasing optimism gave major market indexes a boost yesterday, letting the DJIA flirt with 10,000. Though too early to reflect a general trend, the move up coincides with news suggesting that the global economy may have stronger legs than first thought. A Reuters’ report showing a significant increase in China’s exports helped allay fears that the world’s third largest economy could get throttled by the ongoing European debt crisis. Europe is China’s biggest export destination, having recently surpassed the U.S., but we depend upon both China and Europe for our own exports. If China falls into recession, it will be…

WednesdayJun 09, 2010 8:34 pm

ITEX Corp. (ITEX) Reports Growth in Net Income in Third Fiscal Quarter

ITEX Corp. reported net income of $269,000, or $0.08 per share, in the third quarter of fiscal 2010, which ended 4/30/2010. The company reported net income of $224,000, or $0.06 per share, in the same fiscal quarter of last year. ITEX Corporation also reported year over year growth in sales in the third quarter of fiscal 2010. The company reported sales of $4.1 million in the quarter ending 4/30/2010, compared to $3.9 million in the corresponding quarter in fiscal 2009. Steven White, the CEO of ITEX Corporation, said, “We executed quite well in the third quarter and I'm pleased to…

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Month: June 2010