Every public company loves to put out good news and see the reflection in its stock price. The following three companies released positive news of some kind today or late yesterday and then watched as their stock prices closed very strong.
Futuremedia (Nasdaq: FMDA) announced today a number of recent sales successes with a wide range of leading multinational companies at both its Learning and Button divisions, which drove their stock price up after its release. Shares of Futuremedia climbed more than 51 percent, or 32 cents, to 95 cents by the end of today’s trading. Futuremedia is a learning and brand communications provider.
Scrap Magazine, a bi-monthly magazine that covers materials recycling industry news, featured Global Resources (Pinksheets: GBRC) energy conversion technology and the company’s Hawk 10 machine in their July-August issue. This news was announced in a press release earlier and generated a buzz around the stock price. Shares rose almost 90 cents, or 26 percent, to a close at $4.30. The stock price of Global Resources has climbed $1.80 this week, which is a gain of 72 percent.
ERF Wireless (OTCBB: ERFW) price rose today 5 cents, or 11 percent, to 51 cents on news that ERF Enterprise Network Services subsidiary has signed its second long-term recurring revenue banking contract. This news comes following the announcment of a $1 million US-BankNet contract with First Federal bank of Louisiana, which happened on June 28, 2007. The new Iberville Bank contract will supply bandwidth transport across US-BankNet, the company’s new fault-tolerant encrypted enterprise-class wireless financial network – a press release stated.
TAGS
Learning Futuremedia communications Scrap+Magazine Global+Resources energy+conversion+technology Wireless ERF+Wireless US+BankNet First+Federal+Bank Financial+Network