May 2011 - Page 4 of 33 - QualityStocks

FridayMay 27, 2011 9:30 am

Conn’s, Inc. (CONN) Reports Financial Results for First Quarter of Fiscal 2011

Conn’s, Inc. reported year over year declines in sales and net income in the first quarter of fiscal 2012, as the company continued to see weak results in its retail and credit segments. Conn’s, Inc. reported sales of $189.3 million in the quarter ending 4/30/2011, compared to sales of $197.9 million in the same quarter last year. The company also saw a decline in net income, which came in at $4.0 million, or $0.13 per diluted share, compared to net income of $5.8 million, or $0.26 per diluted share, in the first quarter of fiscal 2011. The management of Conn’s,…

FridayMay 27, 2011 9:27 am

Rainmaker Systems Inc. (RMKR) Announces Launch of New Client for Next-generation B2B Platform

Rainmaker Systems Inc., a leading global provider of B2B e-commerce solutions designed to drive online sales and renewals for products, subscriptions and training for clients and their channel partners, has launched a new e-commerce client on its next-generation B2B e-commerce platform. The client, a Fortune 500 networking equipment manufacturer, has deployed Rainmaker’s solutions to generate higher revenues in its SMB market by encouraging customers to swap their old networking equipment for new ones from the client. Rainmaker then steps in to manage the transaction and to drive higher revenues for the clients’ SMB marketplace. “We are very pleased to be…

FridayMay 27, 2011 9:26 am

Ceelox, Inc. (CELO) Ceelox ID 7 PC Edition Earns “Compatible with Windows 7” Logo

Ceelox, Inc. announced yesterday that their Ceelox ID 7 PC Edition software has earned the "Compatible with Windows 7" logo. This logo indicates that Microsoft Corp. has determined that the product is compatible with Windows 7. Gerry Euston, Chief Executive Officer, Ceelox, Inc., stated, "With this latest certification, Ceelox can now offer our Ceelox ID PC Edition product across multiple Microsoft platforms e.g. Windows XP, Windows Vista, and Windows 7. Through the use of a fingerprint, Ceelox provides an easy way to secure your personal computer from anyone else accessing your information contained on that computer." Ceelox, Inc. has redesigned…

ThursdayMay 26, 2011 4:53 pm

Stratus Media Group Inc. (SMDI) Closes $14M Financing, Details Corporate Realignment

Stratus Media Group Inc. is a global owner and operator of live entertainment events and owner of the Stratus Rewards Visa White Card, a premium lifestyle membership club. The company today announced it has successfully closed a round of financing that delivered gross proceeds of $14.1 million. Maxim Group LLC served as a placement agent for $8 million; Fusao Assets S.A. served as a placement agent for $3 million. “Since Stratus was founded, we have made significant progress in building a large portfolio of assets and preparing to monetize those assets into revenues,” Paul Feller, president and CEO stated in…

ThursdayMay 26, 2011 3:21 pm

Sen Yu International Holdings, Inc. (CSWG) Anticipates Gains from Increased Hog Prices

Sen Yu international Holdings, Inc., a leader in breeding, raising, and distributing commercial hogs and piglets to the slaughter facilities and distributors in the People’s Republic of China, announced that it expects increasing hog prices to help increase breeders’ profits and expects long-term demand for its commercial breeding hogs based upon increased consumption by Chinese consumers. Dow Jones Newswires reported a week prior that higher hog prices are supporting U.S. pork exports to China and a swift expansion of the domestic herds for this year, with Chinese piglet prices increasing by 50% thus far to three-year highs, in accordance with…

ThursdayMay 26, 2011 3:11 pm

VIASPACE, Inc. (VSPC) and the Grassoline Revolution

For many, the growing move away from fossil fuels brings to mind the replacement of large coal, gas, or oil burning power plants with any one of several alternative energy solutions. What is too often forgotten is that fossil fuels, especially oil, are also used for other things. Most of the oil used by the U.S. (the biggest oil consumer) is not used to generate electricity. 44% of the oil used by the U.S. goes to gasoline production, while a substantial 18% goes to the production of plastics, asphalt, and other materials. While there are many renewable resources proposed for…

ThursdayMay 26, 2011 1:39 pm

America West Resources, Inc. (AWSR) Completes Development of Horizon Coal Mine in Utah, Increased Production and Reduced Overhead Improves Profitability

America West Resources, an established company positioned to make huge moves in domestic coal production, with a firm production base already established in Utah, reported initiation of full production at the Horizon Coal Mine in Carbon County (roughly 120 miles outside Salt Lake City) today. Mine development has been completed on schedule via room and pillar, with today marking the end of a three-year process that has networked a five tunnel (20 feet wide) system extending up to three miles. Shuttle car and conveyor belt systems have been installed, as well as the electrical and water supply necessary to conduct…

ThursdayMay 26, 2011 12:28 pm

La Cortez Energy, Inc. (LCTZ) Reports on First Quarter 2011 Results

La Cortez Energy, Inc. issued financial results along with an operational update on the company’s oil and gas properties for the first quarter of 2011. La Cortez Energy reported net production of 7,730 barrels of oil for the most recent quarter, compared to only 1,198 barrels of oil in the same period in 2010. On a daily basis, production was 98 barrels of oil per day compared to 24 barrels per day in the year earlier period. La Cortez Energy attributed the large production increase to work over activity at the Mirto-2 well. This well is located on the Maranta…

ThursdayMay 26, 2011 12:27 pm

Willow Creek Enterprises Inc. (WLOC) to Begin Drill Program on Its Nevada Gold Property

Willow Creek Enterprises Inc. is a gold metal exploration company with a focus on acquiring and developing gold properties in the United States, Canada and Mexico. At present, the company is focused on the exploration and development of its projects in Nevada. The company announced today that it is in the final stages of preparations for the upcoming drill program at its Hercules Gold & Silver Property in southern Lyon County, Nevada. The Hercules project currently consists of 88 mining claims for a total of 1,760 acres, which are located in the Walker Lane Mineral Belt in southern Lyon County.…

ThursdayMay 26, 2011 12:25 pm

Green EnviroTech Holdings Corp. (GETH) Details Magic Bright Acquisition Benefits

Green EnviroTech Holdings Corp., a plastics recovery and recycling company, today updated shareholders on the company’s acquisition of Magic Bright Limited, a leading Hong Kong-based waste plastics recycling and trading company. The $6 million deal is in line with Green EnviroTech’s goal of gaining a “significant portion” of the $50 billion global recycled plastic products market. Green EnviroTech said both companies’ are working to integrate their products, technologies and customers to drive immediate value to investors. “The acquisition of Magic Bright should be immediately beneficial to shareholders as the combined company will not only enjoy operational synergies, but also a…

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Month: May 2011