June 2010 - Page 33 of 35

WednesdayJun 02, 2010 8:16 am

China BCT Pharmacy Group, Inc. (CNBI.OB) Acquires Group of Retail Pharmacy Stores

Leading pharmaceutical distributor China BCT Pharmacy Group, Inc. announced that it has successfully acquired prominent retail pharmacy stores in Laibin City. The move strategically expands the company’s growing pharmaceutical footprint in Guangxi Province, where it is currently based. Last month, China BCT paid $0.6 million in cash for 11 retail pharmacy stores in Laibin City. China BCT will invest a total of approximately $49,000 to upgrade these stores, which were previously owned by Laibin Teng Fei Pharmaceutical Limited. The renovations will bring the stores up to China BCT’s standards; some projects and upgrades have already begun and all have an…

WednesdayJun 02, 2010 8:13 am

Li-Ion Motors Corp. (LMCO.OB) Secures First Marketing and Manufacturing Licensing Agreement with Canadian Corporation

Li-ion Motors Corp., an innovative leader in the design and engineering of emission-free all electric, high-speed, automotive propulsion systems that utilize the latest lithium-ion battery technology, recently announced that the company has secured a licensing agreement for the marketing and manufacturing of its technology to a Canadian corporation. This license will enable the Canadian company to market all of Li-ion Motors products, including The Wave, The Inizio and LiV products in Canada. Once the valuation is complete, which is being conducted by an independent agency, Li-ion Motors Corp. will receive a total cash payment of $1 million CDN. The Canadian…

WednesdayJun 02, 2010 8:10 am

Hawkins, Inc. (HWKN) Reports Results for Fourth Quarter and Full Year

Hawkins, Inc. reported net income of $5.5 million, or $0.54 per diluted share, in the fourth quarter of fiscal 2010. The company earned net income of $5.1 million, or $0.50 per diluted share, in the same period in fiscal 2009. Hawkins, Inc. reported net income of $23.8 million, or $2.32 per diluted share, in fiscal 2010, approximately flat with fiscal 2009. Gross margin increased on a year over year basis, from 22% in fiscal 2009 to 25.1% in fiscal 2010. Hawkins, Inc. reported revenues of $57.9 million in the fourth quarter of fiscal 2010, compared to revenues of $67.8 million…

WednesdayJun 02, 2010 8:08 am

GSC Investment Corp. (GNV) Reports Decline in Net Investment Income in Fiscal 2010

GSC Investment Corp. reported net investment income of $5.7 million, or $0.54 per share, in the fiscal year ending 2/28/2010. Net investment income was $13.8 million in fiscal 2009. The company reported net investment income of $1.2 million, or $0.07 per share, in the final quarter of fiscal 2010. GSC Investment realized $5.1 million in net losses during the quarter. GSC Investment is organized as a business development company and controls a portfolio of debt and leveraged loans issued to small to mid size companies based in the United States. The company’s investment portfolio at the end of fiscal 2010…

WednesdayJun 02, 2010 7:58 am

eDoorways Corp. (EDWY.PK) Video Chart for Wednesday, June 2, 2010

The eDoorways chart is aligning itself once again to make higher lows and establish a true reversal. Please click the following link: http://www.qualitystocks.net/videocharts.php?chartvid_id=409 Let us hear your thoughts below:

TuesdayJun 01, 2010 3:07 pm

Environmental Tectonics Corp. (ETCC.OB) to Deliver Six Disaster Management Simulators to National Institute for Safety

Environmental Tectonics Corp.'s Simulation Division today announced it signed a contract with the National Institute for Safety – NIFV for the delivery of six additional Advanced Disaster Management Simulator (ADMS™) simulators; the contract also expands the current NIFV-ADMS software. ADMS is a virtual reality simulation training stage based on Environmental Tectonic's signature technology, which blends physics-based simulation, embedded artificial intelligence, accurate animations, photo-realistic graphics, and ambient sounds. The simulators equip first responders and emergency managers with training to respond to disaster management situations in a safe and economical manner. NIFV upgrades and expands ADMS to use them for training, education…

TuesdayJun 01, 2010 2:30 pm

North American Palladium (PAL) is “One to Watch”

North American Palladium (AMEX:PAL) is a Canadian precious metal company focused on growing its production of palladium and gold in mining-friendly countries. The company, along with Stillwater Mining, is one of only two primary palladium producers in the world. North American Palladium recently announced that it had restarted production at its flagship Lac des Iles mine in northwestern Ontario. This mine, which produced palladium since 1993, was shuttered in October 2008. Ore production from the Roby Underground zone at the Lac des Iles mine is expected to have increased on May 1 from 2,000 tons per day to 2,600 tons…

TuesdayJun 01, 2010 1:50 pm

China Ceramics Co. Ltd. (CCLTF.OB) Reports Solid Q1 2010 Results

China Ceramics Co. Ltd., a leading Chinese manufacturer of ceramic tiles for exterior siding and interior flooring and design for residential and commercial buildings, today posted its first quarter financial results for three months ended March 31, 2010. Revenue for the first quarter of 2010 increased by 34.8 percent to RMB 229.1 million (US$ 33.5 million) compared to the first quarter ended March 31, 2009. The company attributes the improvement to a 26.3 percent increase in volume and a 6.6 percent increase in average selling price driven by higher sales volume. Gross profit was RMB 69.3 million (US$ 10.1 million),…

TuesdayJun 01, 2010 12:17 pm

Consorteum Holdings, Inc. (CSRH.OB) Uses Unique Combination of Strengths to Grow Its Position in the Global Financial Marketplace

Consorteum Holdings Inc., a diverse global financial transactions solution provider, offers electronic transaction processing and management services to financial institutions, healthcare, government, public and private sector companies. Their strength rests in the variety of their offerings and their ability to customize, together with their wide ranging expertise and connections within the global financial community. For their clients, the result is greater efficiency, reduced costs, increased revenue, and more opportunity to focus on core competencies. Consorteum is not locked into a restrictive set of technologies. Their comprehensive familiarity with the financial, payment, and transaction processing industries, along with associated technologies and…

TuesdayJun 01, 2010 12:14 pm

Cobalt International Energy, Inc. (CIE) Invokes Force Majeure On Drilling Contract

Cobalt International Energy, Inc. disclosed that the company had invoked the force majeure clause in its contract for the lease of an offshore drilling rig located in the Gulf of Mexico. Force majeure is a French term that means “greater force,” and the clause excuses parties to a contract from liability due to acts beyond its control. These acts can be natural disasters, war or acts of God. Cobalt International Energy, Inc. said that the contract was for the lease of the Ocean Monarch drilling rig owned by the Diamond Offshore Company (DO). The rig was set to begin drilling…

Site Search

Company Search

Month: June 2010