August 2010 - Page 24 of 30

MondayAug 09, 2010 10:03 am

National Western Life Insurance Company (NWLI) Reports Increase in Net Income for Second Quarter of 2010

National Western Life Insurance Company reported higher year over year financial results for the second quarter of 2010. The company reported net income of $20.8 million, or $5.88 per diluted share, compared to net income of $18.8 million, or $5.34 per diluted share, in the second quarter of 2009. National Western Life Insurance Company reported a higher book value in the second quarter of 2010. The company had a book value of $326.10 per share at June 30, 2010, up sequentially from the $315.73 per share at March 31, 2010. National Western Life Insurance Company reported operating sales of $140.8…

MondayAug 09, 2010 10:01 am

Magnum Hunter Resources Corp. (MHR) Reports Increase in Proved Reserves at Mid Year

Magnum Hunter Resources Corp. reported a large increase in the company’s estimated proved reserves of oil and gas. The estimate is based on an updated assessment of the company’s oil and gas properties conducted midyear. Magnum Hunter Resources Corporation reported proved reserves of 11.8 million barrels of oil equivalent (BOE) at 6/30/2010, up from 6.2 million BOE at the end of 2009. Fifty three percent of the reserves were proved developed producing (PDP) assets. The company said that the proved reserves were approximately 69% crude oil and natural gas liquids, and 31% natural gas. The percentage of crude oil and…

MondayAug 09, 2010 10:00 am

ORBCOMM, Inc. (ORBC) Announces Increased Quarterly Revenue

Global satellite data communications company ORBCOMM Inc. today announced total revenues for the quarter ended June 30, 2010 of $7.8 million, a 15.8% increase over the same quarter in 2009. In addition, the 6-month period ending June 30 showed a 13% gain over the same period in 2009, jumping to just over $15.2 million. Service revenues for the second quarter were $7.3 million, an increase of 8.3% over the same quarter in 2009, due largely to an increase in AIS (Automatic Identification System) revenues of $0.3 million, and an increase in billable subscriber satellite and terrestrial revenue of $0.2 million.…

MondayAug 09, 2010 7:40 am

CNS Response (CNSO.OB) Poised for Growth with Patented rEEG® Technology for Depression

Some companies slide under the radar of the average investor. This can happen for a variety of reasons including the business strategy of the company, lack of funding for investor relations campaigns or, like it or not, some companies simply do not have the growth potential or products that make them desirable to investors. This does not mean that there aren’t plenty of solid potential investment opportunities presenting themselves— they just are not commonly known. An investor simply has to look for it through due diligence and keep several guidelines intact that identify the opportunity. Benchmarks such as share structure,…

MondayAug 09, 2010 7:18 am

3DIcon Corp. (TDCP.OB) to Present at SPIE Security & Defence 2010 International Symposium in France

3DIcon Corporation announced on Friday that the Company will present a paper entitled "A Technique for Flicker Reduction in a Volumetric Three-dimensional Display with a Static Image Space." They will present this to the SPIE Security & Defence 2010 International Symposium to be held in Toulouse, France, from September 20 to 23, 2010. SPIE'S conference is called Europe's largest and most prestigious security and defence event. Martin Keating, 3DIcon Corporation's founder and Chief Executive Officer, said, "We are honored to be selected to make this presentation. It will give us the opportunity to explain and discuss the improvements we have…

MondayAug 09, 2010 7:14 am

BIO-key International, Inc. (BKYI.OB) Announces Large-Scale Fingerprint Biometric Contract

BIO-key International, Inc., a developer of advanced identification solutions to commercial and government enterprises, integrators, and custom application developers, recently announced that the company was awarded another contract for a fingerprint biometric identity solution built on the fusion of BIO-key and MorphoTrak algorithms. This new contract will provide large scale advanced finger matching technology to an overseas customer. Mike DePasquale, BIO-key International’s chief executive officer, stated, “The selection of BIO-key technology for another large-scale fingerprint identity system is further validation of BIO-key's position as one of the premier suppliers of the industry’s most accurate and scalable fingerprint matching technology.” Mr.…

FridayAug 06, 2010 5:00 pm

Helix BioMedix Inc. (HXBM.OB) Posts Record Revenue for Q2 2010

Helix BioMedix Inc., a biopharmaceutical company focused on bioactive peptides and related patents, today posted its financial results for the second quarter ended June 30, 2010. Helix reported record revenue of approximately $330,000 in the second quarter of 2010, up 139 percent compared to approximately $138,000 in the same period a year ago. The company attributes the increase to growth in license fees and peptide and consumer product sales. "I am pleased to report the achievement of our record quarterly revenue as a result of strong growth across our licensing and peptide sales and continued strength in sales of Helix…

FridayAug 06, 2010 4:59 pm

Canadian Zinc Corp. (CZICF.OB) Posts Quarterly and Half-Year Results

Canadian Zinc Corp. today posted its financial results for the three and six months ended June 30, 2010. For the six months ended June 30, 2010, Canadian Zinc reported net income of $2.578 million compared to a loss of $1.019 million for the first half of 2009. For the second quarter ended June 30, 2010, the company reported a net loss of $4.661 million compared to a loss of $722,000 for the three months ended June 30, 2009. As at June 30, 2010, the company had cash and cash equivalents of $6.997 million, short-term investments of $1.126 million and marketable…

FridayAug 06, 2010 12:35 pm

TechPrecision (TPCS.OB) Receives Multi Million Dollar LOI from Emerging Tier 1 Clean Tech Firm

TechPrecision Corp. (www.techprecision.com) – a leading provider of custom machined/fabricated high-precision metallic products targeting growth industries like nuclear, aerospace, defense, medical and alternative energy, reported reception of a multi-million dollar Letter of Intent (LOI) and Project Engineering purchase order yesterday (Thursday, Aug. 5) for several hundred thousand dollars from an emerging publicly traded Tier1 energy/industrial firm. CEO of TPCS, James Molinaro, quickly pointed out how this agreement bolsters the Company’s already prolific position in the rapidly growing clean technology vertical, and adds yet another Tier-1 firm to the ever-expanding base of TPCS customers. The Company has really proven its ability…

FridayAug 06, 2010 12:35 pm

Zoom Telephonics (ZTMP.OB) Ships New Low-Cost Wireless-N Router

Zoom Telephonics, Inc. (www.zoom.com) – established provider of a wide variety of communications products ranging from 3G modems/routers and Bluetooth to VoIP gateways, ADSL/DSL, cable, and dial-up modems (under the recognized Zoom, Hayes and Global Village brands), reported the first volume shipments of their Zoom Model 4402 Wireless-N Router yesterday, Thursday, August 05. President and CEO of ZMTP, Frank Manning, detailed the superior value of the Model 4402 at only $39, and highlighted the way in which the 4402 joining the Company’s already vast suite of wireless-N offerings represents an important addition for better serving market demand. The 4402, like…

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Month: August 2010