May 2011 - Page 18 of 33

MondayMay 16, 2011 2:09 pm

Ante5, Inc. (ANFC) Reports Results for First Quarter of 2011

Ante5, Inc. reported financial results for the first quarter of 2011 and issued an operational update on the company’s oil and gas activities on properties in the western United States. Ante5 has oil and gas properties in North Dakota that are prospective for the Bakken and various other formations. This was the company’s first full quarter operating as an oil and gas company. Ante5 reported oil and gas production of 1,254 barrels of oil equivalent (BOE) during the first quarter of 2011. The company said that 93% of this production was composed of crude oil with the balance natural gas…

MondayMay 16, 2011 2:06 pm

Telestone Technologies Corp. (TSTC) Posts Solid Q1 2011 Figures

Telestone Technologies Corp., a leading developer and provider of telecommunications local access networks in China, today announced its financial results for the first quarter ended March 31, 2011. First-quarter revenue increased 30 percent to $14.5 million, up from $11.1 million reported for the first quarter of 2010. Revenue from equipment sales rose 37 percent to $7.0 million, as compared to $5.1 million in the year-ago quarter. Sales of professional services increased 24 percent from $6.0 million to $7.5 million in the first quarter of 2011. Gross profit for the quarter increased 33 percent to $6.6 million compared to $4.9 million…

MondayMay 16, 2011 2:04 pm

ProPhase Labs (PRPH) Reports Q1 Data, 60% Upswing in Net Sales, Expanded and Improved Product Portfolio

ProPhase Labs, the remarkable little medical science company that is currently pursuing a variety of natural health targets and is widely known as the producer of the clinically-proven Cold-EEZE® (based on a proprietary cold remedy formula of zinc gluconate glycine) family of lozenges for the common cold, recently presented a report of the Company’s Q1 2011 results. Chief among the data is a 60% increase in net sales (three-month period ended Mar. 31, 2011) over the same period the previous year, as the Company raked in some $3.2M led by strong uptake of the Cold-EEZE line by retailers. Chairman and…

MondayMay 16, 2011 2:01 pm

American Petro-Hunter, Inc. (AAPH) Commences Drilling of First Horizontal Well Targeting the Mississippi Formation at North Oklahoma Project

American Petro-Hunter, the aggressive, domestic oil and gas developer with substantial acreage in Oklahoma, California and Kansas, reported today the latest development on the Company’s 2k-acre North Oklahoma Project with commencement of drilling operations on the NOM1H, the site’s first horizontal well. This will be the first of an entire series of planned horizontal wells targeting the massive Mississippi Formation, the roughly 100-foot thick pay zone that has tipped off a major upswing in drilling and exploration in Oklahoma. Indeed, major operators like Sandridge and Calyx have planned, implemented and/or executed hundreds of wells in recent months in the area.…

MondayMay 16, 2011 12:31 pm

NASDAQ to Introduce New Small Company Stock Exchange

The NASDAQ OMX Group, Inc. (NDAQ) recently announced SEC approval of the BX Venture Market, a new listing market designed to provide small companies the opportunity to list and trade their shares in a well regulated and transparent environment. In comparison to the over-the-counter markets, the BX Venture Market offers a new, better-regulated listing alternative. Listing standards for this new market will include compliance with many of the same corporate governance requirements that are associated with listing on senior securities exchanges. By showing their willingness to meet these higher requirements, companies will assure investors/owners of their commitment and help distinguish…

MondayMay 16, 2011 12:05 pm

Tivus, Inc. (TIVU) Represents the Leading Edge of Hospitality Technology

Tivus, Inc. offers the leading edge of entertainment services technology for the hospitality industry. Through the use of advanced communication processing systems, Tivus enables hotels and resorts around the world to provide their guests with the widest range of entertainment and Internet options, while also providing a sophisticated platform for offering hotel services. For instance, the system can sense channels that are not currently being used, removing the signal until they are requested, thereby increasing the potential content carry of a given cable system. Of special value to guests and the hotel is the increased security inherent in the system,…

MondayMay 16, 2011 11:44 am

Auric Mining Company (AUMY) is “One to Watch”

Auric Mining Company is doing business as an investment and management company in mining and natural resources projects. The Company has researched through numerous databases of private and public natural resources companies that have substantial findings already proven. Auric will either purchase, joint venture or invest in these companies. Auric is currently focusing on developing their properties in the Wawa area of the Sault Ste. Marie Mining District in Ontario, Canada. They are also focusing on their previously explored mineral property in Saskatchewan, known as the "Dolly Gold Showing." The Company is always looking for acquisition opportunities with significant exploration…

MondayMay 16, 2011 10:28 am

Suspect Detection Systems, Inc. (SDSS) Reports Record First Quarter Revenues

Suspect Detection Systems, Inc. is a developer of proprietary counter-terrorism and crime prevention technology. The company's technology is designed to identify threats in real-time and prevent incidents before they are carried out. This technology detects the hidden “hostile intent” before the act is committed and it can also be used after a crime to quickly identify criminals from among the general population. The company announced today that, in the first quarter of 2011, it broke its existing record for revenues in a quarterly period. Revenues and gross profits both grew sharply in the first quarter of 2011 as compared to…

MondayMay 16, 2011 10:25 am

Canadian Solar, Inc. (CSIQ) Announces Major Sales Agreement with Saferay

In a short period of time, Canadian Solar has become one of the world’s largest solar module producers. Today, Canadian Solar took a major step towards further prominence with the announcement they have signed an agreement to sell 81MW of solar modules to Saferay Gmbh. The sale will be for a fixed price for projects in Germany and will help the company expand its global reach. Canadian Solar is expected to deliver the full 81 MW before the end of the third quarter 2011 and the process has already begun. Saferay is a Berlin-based spin-off from one of Germany’s leading…

MondayMay 16, 2011 10:20 am

Star Bulk Carries Corp. (SBLK) Acquires Two Capesize Vessels

Friday, Star Bulk Carries Corp. announced that it had entered into agreements to buy two Capesize bulk carries for $51.5 million. The two carriers will be obtained from companies in which family members of the company’s Chairman, Mr. Petros Pappas, hold minority stakes. Star Bulk is a shipping company that provides seaborne transportation worldwide for companies in dry bulk industries. Star Bulk hauls materials such as iron ore, coal, grain, bauxite, fertilizers and steel products. The Star Bulk fleet consists of eleven vessels, as well as plans to build two more Capesize vessels in addition to the two being obtained.…

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Month: May 2011