Friday's NASDAQ Winners: COGO, PWRD, JAX, AMRN
New York, NY - March 19, 2012 - www.InvestorIdeas.com, a global investor research portal for independent investors, reports on top percentage gainers on the NASDAQ for Friday March 16th. The Nasdaq Composite ended slightly lower and fell 1.11 (0.04%) at 3,055.26.
Cogo Group, Inc. (NASDAQ:COGO) was the biggest gainer on NASDAQ and surged $1.16 (59.79%) to close at $3.10 after the company's founder, CEO and Chairman proposed to buy 30% of its assets valued at between $60 million and $82 million through his personal investment venture, Envision Global Group. The company also reported fourth quarter non-GAAP EPS of $0.13, down from $0.24 in the previous year.
Perfect World Co., Ltd. (ADR) (NASDAQ:PWRD) climbed$3.46 (27.57%) to close at $16.01 after the company reported better-than-estimated fourth-quarter earnings.
J. Alexander's Corporation(NASDAQ:JAX) shares added 1.68 (24.35%) to close at $8.58 after the company said that it earned 6 cents a share in its fourth quarter, compared to 8 cents a share a year ago. For the current quarter, the company projects to earn 34-39 cents a share.
Amarin Corporation plc (ADR)(NASDAQ:AMRN) continued to move on Friday and gained 18.07%, extending its weekly gain to over 43%.Analyst at Canaccord Genuity maintained its buy rating on the stock with a price target of $25. Last week, the US Patent and Trademark Office updated the transaction history for the company's application on 12/052,598 from "Examiner Initiated" on Tuesday to "Examiner's Amendment Communication" this morning.
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Monday, March 19, 2012
Friday, March 16, 2012
Solar News: Sunlogics Power (OTCQB:SLMU) Becomes Senior Creditor of DayStar Technologies, Inc. (NASDAQ:DSTI)
LAS VEGAS, NV - March 16, 2012 (Investorideas.com renewable energy newswire) SALAMON GROUP, INC. (OTCQB:SLMU) ("Salamon" or the "Company") is pleased to announce that Sunlogics Power, its wholly owned subsidiary, has become the senior creditor of DayStar Technologies, Inc. (DSTI), a solar energy company that has developed thin film CIGS deposition technology.
Michael Matvieshen, CEO, Salamon Group, Inc., states, "We are very excited by Daystar's technology which is a good fit for highly efficient solar module manufacturing. Our management is pleased to be working with DayStar to co-develop business opportunities. This initial investment positions us as a significant DayStar shareholder upon conversion. DayStar is listed on NASDAQ under symbol DSTI and this will facilitate future business opportunities for the companies and fits well into our overall plan."
Sunlogics Power has also been retained as a consultant to DayStar, on day-to-day business development and strategic opportunities.
About DayStar Technologies, Inc. (DSTI)
DayStar Technologies, Inc. is an industry leader in CIGS thin film deposition technology and is presently engaged in the development of solar photovoltaic products based on its technology. For more information, visit the DayStar website at http://www.daystartech.com/.
About Salamon Group
Salamon Group Inc., through its Sunlogics Power Fund Management Inc. division, is a solar energy project company specializing in the construction management and acquisition of renewable energy power projects. Sunlogics Power also looks to acquire assets and other companies in the solar and renewable energy space that are a strategic fit. Sunlogics Power is also a project-acquiring partner of Sunlogics Plc and its Subsidiary as well as other third party project developers. http://www.sunlogicspowerfund.com/
For further information about this release contact - Orsay Groupe, Inc., William J Nalley, 305-515-8077, to receive updates send your email and details to Orsay Groupe, Inc. Nos Falamos Portugues.
SLMU cautions that statements made in press releases constitute forward-looking statements, and makes no guarantees of future performances and actual results/developments may differ materially from projections in forward-looking statements. Forward-looking statements are based on estimates and opinions of management at the time statements are made.
Contact:
Mr. William Nalley
Orsay Groupe, Inc.
305-515-8077
Published on Investorideas.com newswire
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BC Residents and Investor Disclaimer : Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894
LAS VEGAS, NV - March 16, 2012 (Investorideas.com renewable energy newswire) SALAMON GROUP, INC. (OTCQB:SLMU) ("Salamon" or the "Company") is pleased to announce that Sunlogics Power, its wholly owned subsidiary, has become the senior creditor of DayStar Technologies, Inc. (DSTI), a solar energy company that has developed thin film CIGS deposition technology.
Michael Matvieshen, CEO, Salamon Group, Inc., states, "We are very excited by Daystar's technology which is a good fit for highly efficient solar module manufacturing. Our management is pleased to be working with DayStar to co-develop business opportunities. This initial investment positions us as a significant DayStar shareholder upon conversion. DayStar is listed on NASDAQ under symbol DSTI and this will facilitate future business opportunities for the companies and fits well into our overall plan."
Sunlogics Power has also been retained as a consultant to DayStar, on day-to-day business development and strategic opportunities.
About DayStar Technologies, Inc. (DSTI)
DayStar Technologies, Inc. is an industry leader in CIGS thin film deposition technology and is presently engaged in the development of solar photovoltaic products based on its technology. For more information, visit the DayStar website at http://www.daystartech.com/.
About Salamon Group
Salamon Group Inc., through its Sunlogics Power Fund Management Inc. division, is a solar energy project company specializing in the construction management and acquisition of renewable energy power projects. Sunlogics Power also looks to acquire assets and other companies in the solar and renewable energy space that are a strategic fit. Sunlogics Power is also a project-acquiring partner of Sunlogics Plc and its Subsidiary as well as other third party project developers. http://www.sunlogicspowerfund.com/
For further information about this release contact - Orsay Groupe, Inc., William J Nalley, 305-515-8077, to receive updates send your email and details to Orsay Groupe, Inc. Nos Falamos Portugues.
SLMU cautions that statements made in press releases constitute forward-looking statements, and makes no guarantees of future performances and actual results/developments may differ materially from projections in forward-looking statements. Forward-looking statements are based on estimates and opinions of management at the time statements are made.
Contact:
Mr. William Nalley
Orsay Groupe, Inc.
305-515-8077
Published on Investorideas.com newswire
Follow Investorideas.com on Twitter http://twitter.com/#!/Investorideas
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Disclaimer: Our sites do not make recommendations. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. This site is currently compensated by featured companies, news submissions and online advertising. www.InvestorIdeas.com/About/Disclaimer.asp. Disclosure: SLMU is a paid customer on Investorideas,com , publishing press releases and company content on Investorideas.com and our syndicated blogs and global partners effective March 14 ,2012 (three months: one thousand per month and nine thousand equivalent in 144 shares)
BC Residents and Investor Disclaimer : Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894
China Stock Alert: Cogo Group (Nasdaq: COGO) Soars on Record Revenue
New York, NY - March 16, 2012 - www.InvestorIdeas.com, a global investor research portal for independent investors, reports on China stock, Cogo Group, Inc. (Nasdaq: COGO). The stock is trading at $3.13, up 1.19 (61.34%) as of 12:45PM EDT with a morning high of $4.00. The Company reported record quarterly revenue of $169.5 million, up 49.3% year-over-year from $113.5 million reported a year earlier.
Summary:
2011 revenue of $564.7 million grew 43.9% versus 2010; 4Q11 revenue grew 49.3% to $169.5 million
In 4Q11, the Company records $37.6 million non-cash goodwill impairment charge and Diluted Non-GAAP EPS Diluted of $0.13
SME demand likely to be negatively impacted by tightened credit policies for the rest of 2012
Investorideas.com Newswire
Cogo Group, Inc. (Nasdaq: COGO) is one of the leading gateways for global semiconductor companies to access the rapidly growing Industrial and Technology sectors in China. Through its unique business-to-business services platform, Cogo designs customized embedded solutions using technology from suppliers including Intel, Broadcom, Xilinx, SanDisk, Freescale, Atmel and others for a customer base of over 1,800 Chinese OEMs/ODMs. Cogo's customer list includes approximately 100 blue-chip companies, including ZTE, BYD and NARI, as well as over 1,700 Small and Medium Enterprises (SMEs). The Company serves a broad list of rapidly growing end-markets in China, including 3G Smart phones, Tablets, Automotives, High-Speed Railway, Smart Meter/Smart Grid, Healthcare and High Definition Television ("HDTV").
www.cogo.com.cn.
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800-665-0411 - Source - www.Investorideas.com
New York, NY - March 16, 2012 - www.InvestorIdeas.com, a global investor research portal for independent investors, reports on China stock, Cogo Group, Inc. (Nasdaq: COGO). The stock is trading at $3.13, up 1.19 (61.34%) as of 12:45PM EDT with a morning high of $4.00. The Company reported record quarterly revenue of $169.5 million, up 49.3% year-over-year from $113.5 million reported a year earlier.
Summary:
2011 revenue of $564.7 million grew 43.9% versus 2010; 4Q11 revenue grew 49.3% to $169.5 million
In 4Q11, the Company records $37.6 million non-cash goodwill impairment charge and Diluted Non-GAAP EPS Diluted of $0.13
SME demand likely to be negatively impacted by tightened credit policies for the rest of 2012
Investorideas.com Newswire
Cogo Group, Inc. (Nasdaq: COGO) is one of the leading gateways for global semiconductor companies to access the rapidly growing Industrial and Technology sectors in China. Through its unique business-to-business services platform, Cogo designs customized embedded solutions using technology from suppliers including Intel, Broadcom, Xilinx, SanDisk, Freescale, Atmel and others for a customer base of over 1,800 Chinese OEMs/ODMs. Cogo's customer list includes approximately 100 blue-chip companies, including ZTE, BYD and NARI, as well as over 1,700 Small and Medium Enterprises (SMEs). The Company serves a broad list of rapidly growing end-markets in China, including 3G Smart phones, Tablets, Automotives, High-Speed Railway, Smart Meter/Smart Grid, Healthcare and High Definition Television ("HDTV").
www.cogo.com.cn.
About InvestorIdeas.com:
InvestorIdeas.com is a leader in investor stock research by sector. Sectors we cover include; China stocks, renewable energy stocks, biotech stocks, mining and gold stocks, energy stocks, water, tech, defense stocks, nanotech, agriculture and gaming.
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Thursday's Penny Stocks OTC Winners: (OTC: IDVC) (OTC: SKGP), (OTC: NEOM), (OTC: NNAN)
New York, NY - March 16, 2012 (Investorideas.com Newswire) www.InvestorIdeas.com, a global investor research portal for independent investors, reports on top percentage gainers on the OTCBB for March 15th.
Infrastructure Developments Corp. (OTC: IDVC) added 0.0030 (100.00%) to close at $0.0060 on over 6.64 million shares, 12.50X its 30-day average volume. Infrastructure Developments Corp., formerly 1st Home Buy & Sell Ltd., through its wholly owned subsidiaries focusing on project management in the Middle East, East Asia, and Oceania.
Smart Kids Group Inc. (OTC: SKGP) Shares recovered over 87% on Thursday after falling about 70% in the previous trading session without any official news. Smart Kids Group, Inc., a development-stage company, licenses technology and develops educational content and software.
NeoMedia Technologies, Inc. (OTC: NEOM) climbed 55.50%, extending its weekly gain to over 166% on increased volume. The stock has been rebounding from its 52-week low of $0.01, made last week. Yesterday, more than 180.28 million shares traded hands, compared to its 30-day average volume of 12.21 million shares.
Naturalnano Inc (OTC: NNAN) climbed 0.0003 (37.50%) to close at $0.0.0011 on over 129 million shares traded for the day, compared to its average volume of 9.04 million shares. The company announced that Dr. Michael King of Cornell University published his new technique for the isolation of circulating tumor cells (CTC) using NaturalNano's halloysite nanotubes.
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BC Residents and Investor Disclaimer: Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894
Source - Investorideas.com
800-665-0411 - cvanzant@investorideas.com
New York, NY - March 16, 2012 (Investorideas.com Newswire) www.InvestorIdeas.com, a global investor research portal for independent investors, reports on top percentage gainers on the OTCBB for March 15th.
Infrastructure Developments Corp. (OTC: IDVC) added 0.0030 (100.00%) to close at $0.0060 on over 6.64 million shares, 12.50X its 30-day average volume. Infrastructure Developments Corp., formerly 1st Home Buy & Sell Ltd., through its wholly owned subsidiaries focusing on project management in the Middle East, East Asia, and Oceania.
Smart Kids Group Inc. (OTC: SKGP) Shares recovered over 87% on Thursday after falling about 70% in the previous trading session without any official news. Smart Kids Group, Inc., a development-stage company, licenses technology and develops educational content and software.
NeoMedia Technologies, Inc. (OTC: NEOM) climbed 55.50%, extending its weekly gain to over 166% on increased volume. The stock has been rebounding from its 52-week low of $0.01, made last week. Yesterday, more than 180.28 million shares traded hands, compared to its 30-day average volume of 12.21 million shares.
Naturalnano Inc (OTC: NNAN) climbed 0.0003 (37.50%) to close at $0.0.0011 on over 129 million shares traded for the day, compared to its average volume of 9.04 million shares. The company announced that Dr. Michael King of Cornell University published his new technique for the isolation of circulating tumor cells (CTC) using NaturalNano's halloysite nanotubes.
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BC Residents and Investor Disclaimer: Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894
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Thursday’s NASDAQ Winners: MEMS, PATH, PWAV, AIXG
New York NY, March 16, 2012 - www.InvestorIdeas.com, a global investor research portal for independent investors, reports on top percentage gainers on the NASDAQ for Thursday March 15th. The Nasdaq Composite ended higher for the seventh straight session gaining 15.64 (0.51%) at 3,056.37.
MEMSIC, INC. (NASDAQ:MEMS) was the biggest gainer on NASDAQ and surged 1.17 (30.95%) to multi-year high of $4.95 on high volume. The stock has gained over 57% ever since it reported its fourth quarter results on Feb 29, 2012. The company reported a loss of $3.3 million, or 14 cents a share on revenue of $21.5 million, compared to a year ago loss of $1.1 million, or 5 cents a share on revenue of $11.4 million.
NuPathe Inc(NASDAQ:PATH) rallied for the second straight session on Thursday and added another 0.84 (21.16%) to close at $4.81 after rising over 21% in the prior trading session as the company was mentioned in an article on Seeking Alpha, stating that the company stock has potential to double. The company is all set to report its fourth quarter and full year 2011 results on Tuesday, March 20, 2012.
Powerwave Technologies, Inc. (NASDAQ:PWAV) shares gained 0.33 (19.08%) to close at $2.06 on a technical breakout above the 200-day SMA and have been showing high volatility throughout the week. On Monday, the stock climbed over 42%, followed by a 14% correction in the next two trading sessions. Yesterday’s volume was over 2.45 million, over 2X its 30-day average volume.
AIXTRON SE (ADR) (NASDAQ:AIXG) shares increased by 2.80 (17.13%) to close at $19.15 after the analyst at Deutsche Bank upgraded their investment rating on the stock to buy from hold. Shares of AIXTRON have rallied over 50% so far this year.
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New York NY, March 16, 2012 - www.InvestorIdeas.com, a global investor research portal for independent investors, reports on top percentage gainers on the NASDAQ for Thursday March 15th. The Nasdaq Composite ended higher for the seventh straight session gaining 15.64 (0.51%) at 3,056.37.
MEMSIC, INC. (NASDAQ:MEMS) was the biggest gainer on NASDAQ and surged 1.17 (30.95%) to multi-year high of $4.95 on high volume. The stock has gained over 57% ever since it reported its fourth quarter results on Feb 29, 2012. The company reported a loss of $3.3 million, or 14 cents a share on revenue of $21.5 million, compared to a year ago loss of $1.1 million, or 5 cents a share on revenue of $11.4 million.
NuPathe Inc(NASDAQ:PATH) rallied for the second straight session on Thursday and added another 0.84 (21.16%) to close at $4.81 after rising over 21% in the prior trading session as the company was mentioned in an article on Seeking Alpha, stating that the company stock has potential to double. The company is all set to report its fourth quarter and full year 2011 results on Tuesday, March 20, 2012.
Powerwave Technologies, Inc. (NASDAQ:PWAV) shares gained 0.33 (19.08%) to close at $2.06 on a technical breakout above the 200-day SMA and have been showing high volatility throughout the week. On Monday, the stock climbed over 42%, followed by a 14% correction in the next two trading sessions. Yesterday’s volume was over 2.45 million, over 2X its 30-day average volume.
AIXTRON SE (ADR) (NASDAQ:AIXG) shares increased by 2.80 (17.13%) to close at $19.15 after the analyst at Deutsche Bank upgraded their investment rating on the stock to buy from hold. Shares of AIXTRON have rallied over 50% so far this year.
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Thursday, March 15, 2012
Solar News: Salamon Group (OTCQB:SLMU) Reports MOU With Sunlogics PLC (18L1.F; 18L1.DE)
LAS VEGAS, NV - March 15, 2012 (Investorideas.com renewable energy newswire) SALAMON GROUP, INC. (OTCQB:SLMU) announced March 6th that it signed a Memorandum of Understanding (MOU) with the Sunlogics PLC (18L1.F; 18L1.DE) shareholder Millennium, for first right of purchase for an additional 10% of the common equity of Sunlogics PLC, through a lock up agreement dated March, 5, 2012. This additional position will bring Salamon Group Inc.'s holdings to 21 million shares. This position equates to a value for the company of 35 million dollars based on the current avaerage trading range of Sunlogics common on the Frankfurt stock exchange.
Michael Matvieshen, CEO, stated, "We believe positioning Salamon as the largest shareholder in Sunlogics PLC adds both short-term and long-term value to our company. There are competing interests in the ownership Group of Sunlogics PLC and we believe we will be able to acquire complete control over time or sell our position for a substantial profit. Sunlogics Plc Group has entered into major contracts with General Motors (GM- $26.00) and with China National Building Materials subsidiaries. These agreements are estimated to be worth several billion dollars of projects over the next couple of years and as a result ensure a substantial revenue stream for Salamon over the coming years." Mr. Matvieshen continued, "The Sunlogics position is an important step in implementing our business plan and I look forward to following this up with other developments over the coming weeks and months. This is an extremely exciting time in Salamon's development."
About Sunlogics (18L1.F; 18L1.DE)
Sunlogics PLC is a vertically-integrated global solar energy systems provider specializing in solar project development and installation. Sunlogics has a strategic partnership with Sunlogics Power Management Fund Inc (SLMU: US) and with other entities for the purpose of owning and operating solar projects developed by Sunlogics PLC. The scope of the company's current projects and operations reach to the nations of the world including Canada , United States , Europe and China . More information can be found at www.sunlogics.com.
About Salamon Group
Salamon Group, Inc. and its Sunlogics Power Fund Management, Inc. division, is a solar and renewable energy company specializing in the acquisition, construction and management of renewable energy power projects and companies. It is a project-acquiring partner of Sunlogics Plc and its subsidiary as well as other third party project developers. The Company also takes positions in other solar and renewable energy project producing companies that are a strategic fit within the Company's overall strategy.
For further information, Orsay Groupe, Inc. 305-515-8077 and/or visit: http://www.sunlogicspowerfund.com/
Published on Investorideas.com newswire
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BC Residents and Investor Disclaimer : Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894
LAS VEGAS, NV - March 15, 2012 (Investorideas.com renewable energy newswire) SALAMON GROUP, INC. (OTCQB:SLMU) announced March 6th that it signed a Memorandum of Understanding (MOU) with the Sunlogics PLC (18L1.F; 18L1.DE) shareholder Millennium, for first right of purchase for an additional 10% of the common equity of Sunlogics PLC, through a lock up agreement dated March, 5, 2012. This additional position will bring Salamon Group Inc.'s holdings to 21 million shares. This position equates to a value for the company of 35 million dollars based on the current avaerage trading range of Sunlogics common on the Frankfurt stock exchange.
Michael Matvieshen, CEO, stated, "We believe positioning Salamon as the largest shareholder in Sunlogics PLC adds both short-term and long-term value to our company. There are competing interests in the ownership Group of Sunlogics PLC and we believe we will be able to acquire complete control over time or sell our position for a substantial profit. Sunlogics Plc Group has entered into major contracts with General Motors (GM- $26.00) and with China National Building Materials subsidiaries. These agreements are estimated to be worth several billion dollars of projects over the next couple of years and as a result ensure a substantial revenue stream for Salamon over the coming years." Mr. Matvieshen continued, "The Sunlogics position is an important step in implementing our business plan and I look forward to following this up with other developments over the coming weeks and months. This is an extremely exciting time in Salamon's development."
About Sunlogics (18L1.F; 18L1.DE)
Sunlogics PLC is a vertically-integrated global solar energy systems provider specializing in solar project development and installation. Sunlogics has a strategic partnership with Sunlogics Power Management Fund Inc (SLMU: US) and with other entities for the purpose of owning and operating solar projects developed by Sunlogics PLC. The scope of the company's current projects and operations reach to the nations of the world including Canada , United States , Europe and China . More information can be found at www.sunlogics.com.
About Salamon Group
Salamon Group, Inc. and its Sunlogics Power Fund Management, Inc. division, is a solar and renewable energy company specializing in the acquisition, construction and management of renewable energy power projects and companies. It is a project-acquiring partner of Sunlogics Plc and its subsidiary as well as other third party project developers. The Company also takes positions in other solar and renewable energy project producing companies that are a strategic fit within the Company's overall strategy.
For further information, Orsay Groupe, Inc. 305-515-8077 and/or visit: http://www.sunlogicspowerfund.com/
Published on Investorideas.com newswire
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Disclaimer: Our sites do not make recommendations. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. This site is currently compensated by featured companies, news submissions and online advertising. www.InvestorIdeas.com/About/Disclaimer.asp. Disclosure: SLMU is a paid customer on Investorideas,com , publishing press releases and company content on Investorideas.com and our syndicated blogs and global partners effective March 14 ,2012 (three months: one thousand per month and nine thousand equivalent in 144 shares)
BC Residents and Investor Disclaimer : Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894
Wednesday's NASDAQ Winners: GLBS, PATH, SCLN, NGSX
New York, NY - March 15, 2012 - www.InvestorIdeas.com, a global investor research portal for independent investors, reports on top percentage gainers on the NASDAQ for Wednesday March 14th. The Nasdaq Composite ended higher by 0.85 (0.03%) at 3,040.73, marking its sixth consecutive gain.
Globus Maritime Ltd. (NASDAQ: GLBS) was the top performing stock on the NASDAQ and soared 2.17 (58.33%) to $5.89 after the company reported better than estimated fourth quarter loss. The company’s net loss during the quarter increased to $10.8 million or 30 cents a share, from a year ago quarter loss of $3.4 million. Revenue during the quarter came at $191K. Analysts were estimating a loss of 34 cents a share.
NuPathe Inc(NASDAQ:PATH) gained 0.70 (21.56%) to $3.97 in yesterday’s trading session as the company was mentioned in an article on Seeking Alpha, stating that the company stock has the potential to double. The company is all set to report its fourth quarter and full year 2011 results on Tuesday, March 20, 2012.
SciClone Pharmaceuticals, Inc.(NASDAQ:SCLN) shares jumped $1.10 or 21% to $6.34 after hitting multi-year high of $6.97 as the company projected better than estimates earnings for FY2012. The company said that now it projects to earn 72-78 cents a share, well above the analysts’ estimates of 43 cents. For the fourth quarter, the company reported EPS of 20 cents, ahead of consensus by 11 cents.
NeurogesX, Inc(NASDAQ:NGSX) shares rebounded over 28% after hitting a new 52-week low earlier in the week. The stock closed at $0.618 on heavy volume of 1.10 million shares -2.50X its 30-day average volume. The rally was followed by bullish note from analyst at Wedbush, which upgraded the stock to Outperform from Neutral and set a price target of $2.
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New York, NY - March 15, 2012 - www.InvestorIdeas.com, a global investor research portal for independent investors, reports on top percentage gainers on the NASDAQ for Wednesday March 14th. The Nasdaq Composite ended higher by 0.85 (0.03%) at 3,040.73, marking its sixth consecutive gain.
Globus Maritime Ltd. (NASDAQ: GLBS) was the top performing stock on the NASDAQ and soared 2.17 (58.33%) to $5.89 after the company reported better than estimated fourth quarter loss. The company’s net loss during the quarter increased to $10.8 million or 30 cents a share, from a year ago quarter loss of $3.4 million. Revenue during the quarter came at $191K. Analysts were estimating a loss of 34 cents a share.
NuPathe Inc(NASDAQ:PATH) gained 0.70 (21.56%) to $3.97 in yesterday’s trading session as the company was mentioned in an article on Seeking Alpha, stating that the company stock has the potential to double. The company is all set to report its fourth quarter and full year 2011 results on Tuesday, March 20, 2012.
SciClone Pharmaceuticals, Inc.(NASDAQ:SCLN) shares jumped $1.10 or 21% to $6.34 after hitting multi-year high of $6.97 as the company projected better than estimates earnings for FY2012. The company said that now it projects to earn 72-78 cents a share, well above the analysts’ estimates of 43 cents. For the fourth quarter, the company reported EPS of 20 cents, ahead of consensus by 11 cents.
NeurogesX, Inc(NASDAQ:NGSX) shares rebounded over 28% after hitting a new 52-week low earlier in the week. The stock closed at $0.618 on heavy volume of 1.10 million shares -2.50X its 30-day average volume. The rally was followed by bullish note from analyst at Wedbush, which upgraded the stock to Outperform from Neutral and set a price target of $2.
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Wednesday's Penny Stocks OTC Winners: (OTC:MMBF), (OTC:SAVW), (OTC:FLTB) (OTC:MLES)
New York, NY - March 15, 2012 (Investorideas.com Newswire) www.InvestorIdeas.com, a global investor research portal for independent investors, reports on top percentage gainers on the OTCBB for March 14.
Momentum Biofuels Inc. (OTC:MMBF) was the biggest gainer and soared 0.0090 (225.00%) to $0.0130 on low volume, rebounding from its recent fall. The company has a market capitalization of $1.21 with 93.22 million outstanding shares as per the latest filing with 51.15 floating shares.
SavWatt USA Inc. (OTC:SAVW) gained 0.0001 (100.00%) to close at $0.0002 on over 38.76 million shares, compared to its average volume of 132.08 million . Last week, the company provided its business update stating that it would start generating revenue in 2nd quarter 2012 and targeting over $10 million in revenues for 2012. The company further added that 1st quarter 2012 will end development stage classification.
Flatbush Federal Bancorp Inc. (OTC:FLTB) added 3.08 (101.99%) to close at $6.10 and made a new 52-week high of $6.40 after the company agreed to be acquired by Northfield Bancorp Inc in all stock deal worth $6.50 per share. Flatbush Federal Bancorp stockholders will receive 0.4748 shares of Northfield Bancorp common stock for each share of Flatbush Federal Bancorp common stock they hold.
The Mint Leasing, Inc. (OTC:MLES) climbed 0.060 (150.00%) to $0.100. Over the past three-months, the stock has jumped over 900% on increased volume. The Mint Leasing, Inc. is in the business of leasing automobiles and fleet vehicles throughout the United States. The company has collaborations with over 500 dealerships within 17 states.
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BC Residents and Investor Disclaimer: Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894
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New York, NY - March 15, 2012 (Investorideas.com Newswire) www.InvestorIdeas.com, a global investor research portal for independent investors, reports on top percentage gainers on the OTCBB for March 14.
Momentum Biofuels Inc. (OTC:MMBF) was the biggest gainer and soared 0.0090 (225.00%) to $0.0130 on low volume, rebounding from its recent fall. The company has a market capitalization of $1.21 with 93.22 million outstanding shares as per the latest filing with 51.15 floating shares.
SavWatt USA Inc. (OTC:SAVW) gained 0.0001 (100.00%) to close at $0.0002 on over 38.76 million shares, compared to its average volume of 132.08 million . Last week, the company provided its business update stating that it would start generating revenue in 2nd quarter 2012 and targeting over $10 million in revenues for 2012. The company further added that 1st quarter 2012 will end development stage classification.
Flatbush Federal Bancorp Inc. (OTC:FLTB) added 3.08 (101.99%) to close at $6.10 and made a new 52-week high of $6.40 after the company agreed to be acquired by Northfield Bancorp Inc in all stock deal worth $6.50 per share. Flatbush Federal Bancorp stockholders will receive 0.4748 shares of Northfield Bancorp common stock for each share of Flatbush Federal Bancorp common stock they hold.
The Mint Leasing, Inc. (OTC:MLES) climbed 0.060 (150.00%) to $0.100. Over the past three-months, the stock has jumped over 900% on increased volume. The Mint Leasing, Inc. is in the business of leasing automobiles and fleet vehicles throughout the United States. The company has collaborations with over 500 dealerships within 17 states.
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InvestorIdeas.com is a leader in investor stock research by sector. Sectors we cover include; cleantech and renewable energy stocks, biotech stocks, mining and gold stocks, energy stocks, water, tech, defense stocks, nanotech, agriculture and gaming.
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Disclaimer: Our sites do not make recommendations. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. This site is currently compensated by featured companies, news submissions and online advertising . www.InvestorIdeas.com/About/Disclaimer.asp
BC Residents and Investor Disclaimer: Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894
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Solar News: Salamon/Sunlogics Power Fund Enter (SLMU) Into Strategic Relationship With China Triumph International Engineering Co. (CTIEC), and Signs $20M Financing Agreement for Project Pipeline Execution
LAS VEGAS, NV - March 15, 2012 (Investorideas.com renewable energy newswire) SALAMON GROUP, INC. (OTCQB:SLMU) ("Salamon" or the "Company") announces that it has entered into a strategic relationship with CTIEC (China Triumph International Engineering Co.) in the form of a $20M financing agreement.
Michael Matvieshen, CEO, stated, "We look forward to further expanding our relationship with CTIEC and its management. CTIEC's professional expertise in construction management and its ability to finance large projects greatly increases our reach to develop and manage projects worldwide." Mr. Matvieshen continued by saying, "I have had the opportunity to develop a relationship with CTIEC prior to and during my tenure at Sunlogics PLC and have seen how they bring strength to their partnerships. CTIEC is supplying a similar service to the GM projects (www.ctiec.net/news/en_news/2011/12/28/1325039398546.jsp) and I am very confident that CTIEC will be a valuable global partner for us on a moving forward basis. This is an extremely exciting step forward in Salamon's/Sunlogics Power Funds development."
About CTIEC
China Triumph International Engineering Company (CTIEC) is an internationalized enterprise guided by science and technology and oriented by market demand, which implements science & technology innovation and institutional innovation and is the engineering technical platform of China National Building Material (CNBM) Company Ltd (a listed company on the Hong Kong Stock Exchange 3323:HK). Since 2002, CTIEC has been in the list of Top 50 of National Engineering General Contracting and Project Management Enterprises, Top 100 of National Exploration and Design Enterprises, and Top 200 of Globe Engineering Design and Consulting Companies. In recent years, under CNBM's strategic planning of rapidly developing three new industries (new building materials, new housing and new energy materials), CTIEC gives full play to its demonstrating & leading role of green development in industry, makes use of its advantages of the national innovation platform, integrates & applies new energy technologies and equipments, continuously pushing forward with its general contracting business for projects, as well as vigorously implements the strategy of "Go abroad," and strives to build new core competitive advantages in engineering services.
About Salamon Group
Salamon Group, Inc. and its Sunlogics Power Fund Management, Inc. division, is a solar and renewable energy company specializing in the acquisition, construction and management of renewable energy power projects and companies. It is a project-acquiring partner of Sunlogics Plc and its subsidiary as well as other third party project developers. The Company also takes positions in other solar and renewable energy project producing companies that are a strategic fit within the Company's overall strategy.
For further information, Orsay Groupe, Inc. 305-515-8077 and/or visit: http://www.sunlogicspowerfund.com/
SLMU cautions that statements made in press releases constitute forward-looking statements, and makes no guarantees of future performances and actual results/developments may differ materially from projections in forward-looking statements. Forward-looking statements are based on estimates and opinions of management at the time statements are made.
For further information, contact William Nalley, Orsay Groupe, Inc., 305-515-8077 and/or visit: www.sunlogicspowerfund.com
Published on Investorideas.com newswire
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Disclaimer: Our sites do not make recommendations. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. This site is currently compensated by featured companies, news submissions and online advertising. www.InvestorIdeas.com/About/Disclaimer.asp. Disclosure: SLMU is a paid customer on Investorideas,com , publishing press releases and company content on Investorideas.com and our syndicated blogs and global partners effective March 14 ,2012 (three months: one thousand per month and nine thousand equivalent in 144 shares)
BC Residents and Investor Disclaimer : Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894
LAS VEGAS, NV - March 15, 2012 (Investorideas.com renewable energy newswire) SALAMON GROUP, INC. (OTCQB:SLMU) ("Salamon" or the "Company") announces that it has entered into a strategic relationship with CTIEC (China Triumph International Engineering Co.) in the form of a $20M financing agreement.
Michael Matvieshen, CEO, stated, "We look forward to further expanding our relationship with CTIEC and its management. CTIEC's professional expertise in construction management and its ability to finance large projects greatly increases our reach to develop and manage projects worldwide." Mr. Matvieshen continued by saying, "I have had the opportunity to develop a relationship with CTIEC prior to and during my tenure at Sunlogics PLC and have seen how they bring strength to their partnerships. CTIEC is supplying a similar service to the GM projects (www.ctiec.net/news/en_news/2011/12/28/1325039398546.jsp) and I am very confident that CTIEC will be a valuable global partner for us on a moving forward basis. This is an extremely exciting step forward in Salamon's/Sunlogics Power Funds development."
About CTIEC
China Triumph International Engineering Company (CTIEC) is an internationalized enterprise guided by science and technology and oriented by market demand, which implements science & technology innovation and institutional innovation and is the engineering technical platform of China National Building Material (CNBM) Company Ltd (a listed company on the Hong Kong Stock Exchange 3323:HK). Since 2002, CTIEC has been in the list of Top 50 of National Engineering General Contracting and Project Management Enterprises, Top 100 of National Exploration and Design Enterprises, and Top 200 of Globe Engineering Design and Consulting Companies. In recent years, under CNBM's strategic planning of rapidly developing three new industries (new building materials, new housing and new energy materials), CTIEC gives full play to its demonstrating & leading role of green development in industry, makes use of its advantages of the national innovation platform, integrates & applies new energy technologies and equipments, continuously pushing forward with its general contracting business for projects, as well as vigorously implements the strategy of "Go abroad," and strives to build new core competitive advantages in engineering services.
About Salamon Group
Salamon Group, Inc. and its Sunlogics Power Fund Management, Inc. division, is a solar and renewable energy company specializing in the acquisition, construction and management of renewable energy power projects and companies. It is a project-acquiring partner of Sunlogics Plc and its subsidiary as well as other third party project developers. The Company also takes positions in other solar and renewable energy project producing companies that are a strategic fit within the Company's overall strategy.
For further information, Orsay Groupe, Inc. 305-515-8077 and/or visit: http://www.sunlogicspowerfund.com/
SLMU cautions that statements made in press releases constitute forward-looking statements, and makes no guarantees of future performances and actual results/developments may differ materially from projections in forward-looking statements. Forward-looking statements are based on estimates and opinions of management at the time statements are made.
For further information, contact William Nalley, Orsay Groupe, Inc., 305-515-8077 and/or visit: www.sunlogicspowerfund.com
Published on Investorideas.com newswire
Follow Investorideas.com on Twitter http://twitter.com/#!/Investorideas
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Disclaimer: Our sites do not make recommendations. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. This site is currently compensated by featured companies, news submissions and online advertising. www.InvestorIdeas.com/About/Disclaimer.asp. Disclosure: SLMU is a paid customer on Investorideas,com , publishing press releases and company content on Investorideas.com and our syndicated blogs and global partners effective March 14 ,2012 (three months: one thousand per month and nine thousand equivalent in 144 shares)
BC Residents and Investor Disclaimer : Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894
Wednesday, March 14, 2012
Renewable Energy Stocks News: SALAMON GROUP (OTCQB:SLMU) Reports Appointment of Stephane Bertrand to Board of Directors
LAS VEGAS, NV - March 14, 2012 (Investorideas.com renewable energy newswire) SALAMON GROUP, INC. (OTCQB: SLMU.PK) announces that Mr. Stéphane Bertrand has been appointed as a member of the Company's Board of Directors.
Michael Matvieshen, CEO, states, "I welcome Mr. Bertrand to the Board Directors and management of the company, this is another step in developing Salamon Group into a world class solar company. Mr. Bertrand, with his broad base of expertise and relationships, both in government and private sectors, will be invaluable as we continue to build our company and add shareholder value."
Mr. Bertrand is President of SBCG and is Executive Director of the International Summit of Cooperatives and was Executive Director of the World Energy Congress - Montreal 2010.
Mr. Bertrand has carried out various mandates within the energy sector, specifically natural gas, wind power, and small hydroelectric power plants. In 2010-2011 he chaired the Energy Committee of the Plan Nord (Quebec Government's policy). He is currently working for the mining and Aluminum industry Cycle Capital Management (venture capital), ENERKEM and le Mouvement Desjardins.
Mr. Bertrand previously served as Chief of Staff for the Premier of Québec. The position and the responsibilities that went with this job have no equivalent on the labour market.
Mr. Bertrand coordinated the government's activities for more than 4 years. He has been directly involved in formulating all the government's policies, communications, research, and crisis management strategies.
Mr. Bertrand previously held the positions of Director, and subsequently Vice-President, Communications, Public and Government Affairs for Gaz Métro Limited Partnership, as a member of the company's Board of Directors. Mr. Bertrand acted also as Chair of the Standing committee on Public Affairs of the Canadian Gas Association during 5 years. He was also Director of Research and Communications, and subsequently Executive Director of the Quebec Liberal Party. Prior to this, he was Vice President, Planning and Development for the Société financière des Caisses populaires Desjardins. He was also Chief of Staff and Economist, responsible for Press Relations, in the office of the Deputy Minister of Finance and Privatization and the office of the Minister of Cultural Affairs of Québec.
About Salamon Group
Salamon Group Inc., through its Sunlogics Power Fund Management Inc. division, is a solar energy project company specializing in the acquisition, construction and management of renewable energy power projects. It is a project-acquiring partner of Sunlogics Plc and its subsidiary as well as other third party project developers. The Company also takes positions in other solar energy project producing companies that are a strategic fit within the Company’s overall strategy.
SLMU cautions that statements made in press releases constitute forward-looking statements, and makes no guarantees of future performances and actual results/developments may differ materially from projections in forward-looking statements. Forward-looking statements are based on estimates and opinions of management at the time statements are made.
For further information, contact William Nalley, Orsay Groupe, Inc., 305-515-8077 and/or visit:www.sunlogicspowerfund.com
Published on Investorideas.com newswire
Follow Investorideas.com on Twitter http://twitter.com/#!/Investorideas
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Disclaimer: Our sites do not make recommendations. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. This site is currently compensated by featured companies, news submissions and online advertising.www.InvestorIdeas.com/About/Disclaimer.asp. Disclosure: SLMU is a paid customer on Investorideas,com , publishing press releases and company content on Investorideas.com and our syndicated blogs and global partners effective March 14 ,2012 (three months: one thousand per month and nine thousand equivalent in 144 shares)
BC Residents and Investor Disclaimer : Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894
LAS VEGAS, NV - March 14, 2012 (Investorideas.com renewable energy newswire) SALAMON GROUP, INC. (OTCQB: SLMU.PK) announces that Mr. Stéphane Bertrand has been appointed as a member of the Company's Board of Directors.
Michael Matvieshen, CEO, states, "I welcome Mr. Bertrand to the Board Directors and management of the company, this is another step in developing Salamon Group into a world class solar company. Mr. Bertrand, with his broad base of expertise and relationships, both in government and private sectors, will be invaluable as we continue to build our company and add shareholder value."
Mr. Bertrand is President of SBCG and is Executive Director of the International Summit of Cooperatives and was Executive Director of the World Energy Congress - Montreal 2010.
Mr. Bertrand has carried out various mandates within the energy sector, specifically natural gas, wind power, and small hydroelectric power plants. In 2010-2011 he chaired the Energy Committee of the Plan Nord (Quebec Government's policy). He is currently working for the mining and Aluminum industry Cycle Capital Management (venture capital), ENERKEM and le Mouvement Desjardins.
Mr. Bertrand previously served as Chief of Staff for the Premier of Québec. The position and the responsibilities that went with this job have no equivalent on the labour market.
Mr. Bertrand coordinated the government's activities for more than 4 years. He has been directly involved in formulating all the government's policies, communications, research, and crisis management strategies.
Mr. Bertrand previously held the positions of Director, and subsequently Vice-President, Communications, Public and Government Affairs for Gaz Métro Limited Partnership, as a member of the company's Board of Directors. Mr. Bertrand acted also as Chair of the Standing committee on Public Affairs of the Canadian Gas Association during 5 years. He was also Director of Research and Communications, and subsequently Executive Director of the Quebec Liberal Party. Prior to this, he was Vice President, Planning and Development for the Société financière des Caisses populaires Desjardins. He was also Chief of Staff and Economist, responsible for Press Relations, in the office of the Deputy Minister of Finance and Privatization and the office of the Minister of Cultural Affairs of Québec.
About Salamon Group
Salamon Group Inc., through its Sunlogics Power Fund Management Inc. division, is a solar energy project company specializing in the acquisition, construction and management of renewable energy power projects. It is a project-acquiring partner of Sunlogics Plc and its subsidiary as well as other third party project developers. The Company also takes positions in other solar energy project producing companies that are a strategic fit within the Company’s overall strategy.
SLMU cautions that statements made in press releases constitute forward-looking statements, and makes no guarantees of future performances and actual results/developments may differ materially from projections in forward-looking statements. Forward-looking statements are based on estimates and opinions of management at the time statements are made.
For further information, contact William Nalley, Orsay Groupe, Inc., 305-515-8077 and/or visit:www.sunlogicspowerfund.com
Published on Investorideas.com newswire
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BC Residents and Investor Disclaimer : Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894
Beverage Stocks Investor Alert: Wine Stocks to Watch
New York, NY - March 14, 2012 (Investorideas.com Newswire) Investor Ideas, www.InvestorIdeas.com, a global investor research portal specializing in sector research including beverage and water stocks issues an investor snapshot for publicly traded wine companies for trading as of the close March 13, 2012.
Trends to watch for in the sector: the growth of the Chinese consumer in the wine market;
now the sixth-largest consumers by country and on the rise.
Brown-Forman Corporation (NYSE:BF-A) closed up at $79.40, up 1.26(1.61%)
Citic Guoan Wine Co Ltd (SHA: 600084) closed at $6.09 +0.03 0.50%
Constellation Brands (NYSE: STZ and STZ.B) closed at 22.83 0.26(1.15%) on 1.6 Million shares. The stock has a 52 week range of 16.42 - 23.19. The Company announced today it will report financial results for its fiscal fourth quarter and full year ended Feb. 29, 2012, on Thursday, April 5, 2012, before the open of the U.S. markets.
MAJESTIC WINE (LSE: MJW.L) closed up at $ 428.00, up 9.25(2.21%).
Scheid Vineyards Inc. (SVIN.PK) closed at 10.75 upp 0.25.
Tonghua Grape Wine Company (600365: Shanghai) closed at $7.99, up 0.11(1.40%).
Australian wine company, Treasury Wine Estates (ASX: TWE.AX) closed at $4.13, down 0.06(1.43%) on over 1.4 Millions shares.
Yantai Changyu Pioneer Wine Company Ltd (SHE: 000869) closed at $101.90, up
+1.10 (1.09%).
Investorideas.com Newswire
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800-665-0411
Source - www.Investorideas.com
New York, NY - March 14, 2012 (Investorideas.com Newswire) Investor Ideas, www.InvestorIdeas.com, a global investor research portal specializing in sector research including beverage and water stocks issues an investor snapshot for publicly traded wine companies for trading as of the close March 13, 2012.
Trends to watch for in the sector: the growth of the Chinese consumer in the wine market;
now the sixth-largest consumers by country and on the rise.
Brown-Forman Corporation (NYSE:BF-A) closed up at $79.40, up 1.26(1.61%)
Citic Guoan Wine Co Ltd (SHA: 600084) closed at $6.09 +0.03 0.50%
Constellation Brands (NYSE: STZ and STZ.B) closed at 22.83 0.26(1.15%) on 1.6 Million shares. The stock has a 52 week range of 16.42 - 23.19. The Company announced today it will report financial results for its fiscal fourth quarter and full year ended Feb. 29, 2012, on Thursday, April 5, 2012, before the open of the U.S. markets.
MAJESTIC WINE (LSE: MJW.L) closed up at $ 428.00, up 9.25(2.21%).
Scheid Vineyards Inc. (SVIN.PK) closed at 10.75 upp 0.25.
Tonghua Grape Wine Company (600365: Shanghai) closed at $7.99, up 0.11(1.40%).
Australian wine company, Treasury Wine Estates (ASX: TWE.AX) closed at $4.13, down 0.06(1.43%) on over 1.4 Millions shares.
Yantai Changyu Pioneer Wine Company Ltd (SHE: 000869) closed at $101.90, up
+1.10 (1.09%).
Investorideas.com Newswire
About InvestorIdeas.com:
InvestorIdeas.com is a leader in investor stock research by sector. Sectors we cover include; renewable energy stocks, biotech stocks, mining and gold stocks, energy stocks, water, beverage stocks, tech, defense stocks, nanotech, agriculture and gaming.
Follow Investorideas.com on Twitter http://twitter.com/#!/Investorideas
Follow Investorideas.com on Facebook http://www.facebook.com/Investorideas
Investorideas.com is compiling a growing directory of wine stocks for investors following the growing sector.
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800-665-0411
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Gold Stocks; Gold Bullion (TSX-V: GBB) announces additional positive drill data update
VANCOUVER - March 14, 2012 (Investorideas.com Mining stocks Newswire) - Gold Bullion Development Corp. (TSXV: GBB, OTC PINK: GBBFF) (the "Company" or "Gold Bullion") is pleased to announce additional drill results from several holes located throughout the mineralized area of the Granada Gold Property. The subject property is located along the prolific Cadillac trend in North-western Quebec , 5 km south of the city of Rouyn-Noranda.
Hole GR-11-390 confirms extension of the mineralization at depth. This hole is the northern most hole drilled thus far from which data is available. High grade gold intersections continue to be discovered at depth on the northern extension from existing mineralization.
Results include 256.5 metres grading 0.44 g/t Au with three specific high grade zones: at 340 metres downhole with 10.5 metres grading 2.92 g/t Au, the second at 480 metres with 4.5 metres grading 4.52 g/t Au and a third at 532.5 metres with 9 metres grading 2.81 g/t Au. Frank Basa , Gold Bullion's CEO, is very encouraged by results that consistently demonstrate the presence of widespread significant gold on the Granada property.
Additional substantive drill data is included in a table format below.
57.15
Hole From (m) To(m) Length(m) Au g/t
GR-10-29 203.00 321.00 118.0 0.31
including 268.50 321.00 52.5 0.55
including 316.50 321.00 4.5 3.78
GR-10-30 63.50 284.50 221.0 0.30
including 63.50 134.25 70.8 0.62
including 126.75 134.25 7.5 3.25
GR-10-66 33.00 153.00 120.0 0.47
including 33.00 78.00 45.0 0.70
including 129.00 153.00 24.0 0.89
GR-10-89 4.50 18.00 13.5 2.44
100.50 152.00 51.5 0.29
including 137.00 152.00 15.0 0.77
GR-10-123 22.00 140.50 118.5 0.31
including 116.00 140.50 24.5 0.99
including 127.50 137.50 10.0 1.92
GR-10-162 18.40 40.65 22.3 0.30
77.00 19.9 0.38
GR-10-191 136.50 285.40 148.9 0.19
including 136.50 145.00 8.5 0.67
GR-11-202 3.00 13.82 10.8 0.49
56.50 63.00 6.5 0.35
GR-11-204 2.40 52.50 50.1 0.39
including 43.50 52.50 9.0 1.80
GR-11-208 188.50 202.35 13.9 0.62
GR-11-264 27.50 85.50 58.0 0.29
including 27.50 33.50 6.0 1.37
including 78.00 85.50 7.5 0.60
GR-11-265 21.00 118.00 97.0 0.86
including 28.00 45.00 17.0 1.39
including 78.00 109.00 31.0 1.65
GR-11-267 26.00 56.00 30.0 0.41
GR-11-277 18.50 112.45 94.0 0.42
including 88.40 112.00 23.6 1.13
GR-11-278 36.50 111.00 74.5 0.55
including 76.00 90.10 14.1 1.79
GR-11-279 22.50 218.00 195.5 0.26
including 193.50 209.00 15.5 1.37
GR-11-281 42.00 231.50 189.5 0.35
including 130.90 149.50 18.6 2.41
GR-11-283 232.00 299.50 67.5 0.24
GR-11-284 18.70 186.00 167.3 0.68
including 51.50 95.50 44.0 0.37
including 154.80 186.00 31.2 2.85
GR-11-289 19.50 108.00 88.5 0.32
including 25.30 36.00 10.7 1.08
GR-11-290 15.50 136.50 121.0 0.39
including 15.50 72.00 56.5 0.74
GR-11-291 30.00 80.50 50.5 0.64
including 30.00 61.00 31.0 0.97
GR-11-292 10.50 134.00 123.5 0.41
including 96.50 134.00 37.5 0.53
GR-11-294 19.00 130.00 111.0 0.87
including 73.50 109.50 36.0 2.42
GR-11-296 11.50 126.50 115.0 0.78
including 11.50 69.50 58.0 1.40
GR-11-390 285.00 541.50 256.5 0.44
including 285.00 350.50 65.5 0.65
including 340.00 350.50 10.5 2.92
including 480.00 541.50 61.5 0.86
including 480.00 484.50 4.5 4.52
including 532.50 541.50 9.0 2.81
Exactly 80%, (24 of the 30) drill holes intersected significant mineralization. The 6 holes that did not were omitted from the above table. Those omitted were holes, GR-10-168, GR-11-244, GR-11-245, GR-11-247, GR-11-249 & GR-11-273.
Holes 244, 245, 247 & 249 were exploration holes drilled outside the main mineralized zone, while hole 168 encountered directional challenges and did not therefore yield noteworthy results. The widths reported in the preceding table are drill widths as "true" widths are unknown at this time. All assays are uncut, length-weighted average values.
Core analysis from the above holes was undertaken by ALS Chemex Labs in Val d'Or, Quebec , and by the Accurassay Laboratory in Timmins, Ontario. Gold was assayed by fire assay with additional metallics analysis on samples where visible gold was apparent and identifiable. Quality control was further enhanced by inserting blind certified standard reference material and blanks into the sample stream at regular intervals. This control procedure was carried out by logging personnel to ensure the highest level of independent assessment and overall analytical accuracy.
Claude Duplessis , Eng. is acting as the qualified person (QP) for Gold Bullion Development Corp. in compliance with National Instrument 43-101 and has reviewed the technical contents of this press release.
About Gold Bullion Development Corp.
Gold Bullion Development Corp. is a TSX Venture-listed junior natural resource company focusing on the exploration and development of its Granada Property near Rouyn-Noranda, Qu�bec. Additional information on the company's Granada gold property is available by visiting their website at www.GoldBullionDevelopmentCorp.com and on SEDAR.com.
Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. This news release may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, etc. Forward-looking statements address future events and conditions and therefore, involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements.
Visit the GBB showcase profile at Investorideas.com
Request News and Info on GBB
Disclosure, Disclaimer/ GBB is a paid advertising client on Investorideas.com and our mining portals.
Disclosure, Disclaimer/ Investorideas.com is paid by GBB to publish news and distribute content through Investordeas.com Newswire and its syndicated partners and blogs (five hundred per month)
VANCOUVER - March 14, 2012 (Investorideas.com Mining stocks Newswire) - Gold Bullion Development Corp. (TSXV: GBB, OTC PINK: GBBFF) (the "Company" or "Gold Bullion") is pleased to announce additional drill results from several holes located throughout the mineralized area of the Granada Gold Property. The subject property is located along the prolific Cadillac trend in North-western Quebec , 5 km south of the city of Rouyn-Noranda.
Hole GR-11-390 confirms extension of the mineralization at depth. This hole is the northern most hole drilled thus far from which data is available. High grade gold intersections continue to be discovered at depth on the northern extension from existing mineralization.
Results include 256.5 metres grading 0.44 g/t Au with three specific high grade zones: at 340 metres downhole with 10.5 metres grading 2.92 g/t Au, the second at 480 metres with 4.5 metres grading 4.52 g/t Au and a third at 532.5 metres with 9 metres grading 2.81 g/t Au. Frank Basa , Gold Bullion's CEO, is very encouraged by results that consistently demonstrate the presence of widespread significant gold on the Granada property.
Additional substantive drill data is included in a table format below.
57.15
Hole From (m) To(m) Length(m) Au g/t
GR-10-29 203.00 321.00 118.0 0.31
including 268.50 321.00 52.5 0.55
including 316.50 321.00 4.5 3.78
GR-10-30 63.50 284.50 221.0 0.30
including 63.50 134.25 70.8 0.62
including 126.75 134.25 7.5 3.25
GR-10-66 33.00 153.00 120.0 0.47
including 33.00 78.00 45.0 0.70
including 129.00 153.00 24.0 0.89
GR-10-89 4.50 18.00 13.5 2.44
100.50 152.00 51.5 0.29
including 137.00 152.00 15.0 0.77
GR-10-123 22.00 140.50 118.5 0.31
including 116.00 140.50 24.5 0.99
including 127.50 137.50 10.0 1.92
GR-10-162 18.40 40.65 22.3 0.30
77.00 19.9 0.38
GR-10-191 136.50 285.40 148.9 0.19
including 136.50 145.00 8.5 0.67
GR-11-202 3.00 13.82 10.8 0.49
56.50 63.00 6.5 0.35
GR-11-204 2.40 52.50 50.1 0.39
including 43.50 52.50 9.0 1.80
GR-11-208 188.50 202.35 13.9 0.62
GR-11-264 27.50 85.50 58.0 0.29
including 27.50 33.50 6.0 1.37
including 78.00 85.50 7.5 0.60
GR-11-265 21.00 118.00 97.0 0.86
including 28.00 45.00 17.0 1.39
including 78.00 109.00 31.0 1.65
GR-11-267 26.00 56.00 30.0 0.41
GR-11-277 18.50 112.45 94.0 0.42
including 88.40 112.00 23.6 1.13
GR-11-278 36.50 111.00 74.5 0.55
including 76.00 90.10 14.1 1.79
GR-11-279 22.50 218.00 195.5 0.26
including 193.50 209.00 15.5 1.37
GR-11-281 42.00 231.50 189.5 0.35
including 130.90 149.50 18.6 2.41
GR-11-283 232.00 299.50 67.5 0.24
GR-11-284 18.70 186.00 167.3 0.68
including 51.50 95.50 44.0 0.37
including 154.80 186.00 31.2 2.85
GR-11-289 19.50 108.00 88.5 0.32
including 25.30 36.00 10.7 1.08
GR-11-290 15.50 136.50 121.0 0.39
including 15.50 72.00 56.5 0.74
GR-11-291 30.00 80.50 50.5 0.64
including 30.00 61.00 31.0 0.97
GR-11-292 10.50 134.00 123.5 0.41
including 96.50 134.00 37.5 0.53
GR-11-294 19.00 130.00 111.0 0.87
including 73.50 109.50 36.0 2.42
GR-11-296 11.50 126.50 115.0 0.78
including 11.50 69.50 58.0 1.40
GR-11-390 285.00 541.50 256.5 0.44
including 285.00 350.50 65.5 0.65
including 340.00 350.50 10.5 2.92
including 480.00 541.50 61.5 0.86
including 480.00 484.50 4.5 4.52
including 532.50 541.50 9.0 2.81
Exactly 80%, (24 of the 30) drill holes intersected significant mineralization. The 6 holes that did not were omitted from the above table. Those omitted were holes, GR-10-168, GR-11-244, GR-11-245, GR-11-247, GR-11-249 & GR-11-273.
Holes 244, 245, 247 & 249 were exploration holes drilled outside the main mineralized zone, while hole 168 encountered directional challenges and did not therefore yield noteworthy results. The widths reported in the preceding table are drill widths as "true" widths are unknown at this time. All assays are uncut, length-weighted average values.
Core analysis from the above holes was undertaken by ALS Chemex Labs in Val d'Or, Quebec , and by the Accurassay Laboratory in Timmins, Ontario. Gold was assayed by fire assay with additional metallics analysis on samples where visible gold was apparent and identifiable. Quality control was further enhanced by inserting blind certified standard reference material and blanks into the sample stream at regular intervals. This control procedure was carried out by logging personnel to ensure the highest level of independent assessment and overall analytical accuracy.
Claude Duplessis , Eng. is acting as the qualified person (QP) for Gold Bullion Development Corp. in compliance with National Instrument 43-101 and has reviewed the technical contents of this press release.
About Gold Bullion Development Corp.
Gold Bullion Development Corp. is a TSX Venture-listed junior natural resource company focusing on the exploration and development of its Granada Property near Rouyn-Noranda, Qu�bec. Additional information on the company's Granada gold property is available by visiting their website at www.GoldBullionDevelopmentCorp.com and on SEDAR.com.
Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. This news release may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, etc. Forward-looking statements address future events and conditions and therefore, involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements.
Visit the GBB showcase profile at Investorideas.com
Request News and Info on GBB
Disclosure, Disclaimer/ GBB is a paid advertising client on Investorideas.com and our mining portals.
Disclosure, Disclaimer/ Investorideas.com is paid by GBB to publish news and distribute content through Investordeas.com Newswire and its syndicated partners and blogs (five hundred per month)
Tuesday, March 13, 2012
NASDAQ Stock Alert: Great Wolf Resorts (NASDAQ:WOLF) Soars on Acquisition News
New York, NY - March 13, 2012 - www.InvestorIdeas.com, a global investor research portal for independent investors, reports on one of the top NASDAQ percentage gainers in today's trading session, Great Wolf Resorts, Inc. (NASDAQ: WOLF). The stock is trading up at $5.23, up 1.04 (24.82%) 1:33PM EDT on over 8.6 Million shares. The stock soared on acquisition news.
An affiliate of Apollo Global Management, LLC (NYSE: APO) and Great Wolf Resorts, Inc. (NASDAQ: WOLF) announced that they have entered into a definitive merger agreement with Apollo will acquiring Great Wolf, North America's largest family of indoor waterpark resorts, for approximately $703 million, including the assumption of the Company's outstanding debt.
The news was followed by the usual flow of press releases by law firms questioning the deal.
Investorideas.com Newswire
Great Wolf Resorts, Inc. ® (NASDAQ: WOLF )is North America's largest family of indoor waterpark resorts, and, through its subsidiaries and affiliates, owns and operates its family resorts under the Great Wolf Lodge® brand. Great Wolf Resorts is a fully integrated resort company with Great Wolf Lodge locations in: Wisconsin Dells, Wis.; Sandusky, Ohio; Traverse City, Mich.; Kansas City, Kan.; Williamsburg, Va.; the Pocono Mountains, Pa.; Niagara Falls, Ontario; Mason, Ohio; Grapevine, Texas; Grand Mound, Wash.; and Concord, N.C. Great Wolf's consolidated subsidiary, Creative Kingdoms, LLC, is a developer and operator of technology-based, interactive quest adventure experiences such as MagiQuest®. http://www.greatwolf.com
About InvestorIdeas.com:
InvestorIdeas.com is a leader in investor stock research by sector. Sectors we cover include; cleantech and renewable energy stocks, biotech stocks, mining and gold stocks, energy stocks, water, tech, defense stocks, nanotech, agriculture and gaming.
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Disclaimer: Our sites do not make recommendations. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. This site is currently compensated by featured companies, news submissions and online advertising . www.InvestorIdeas.com/About/Disclaimer.asp
800-665-0411 - Source - www.Investorideas.com
New York, NY - March 13, 2012 - www.InvestorIdeas.com, a global investor research portal for independent investors, reports on one of the top NASDAQ percentage gainers in today's trading session, Great Wolf Resorts, Inc. (NASDAQ: WOLF). The stock is trading up at $5.23, up 1.04 (24.82%) 1:33PM EDT on over 8.6 Million shares. The stock soared on acquisition news.
An affiliate of Apollo Global Management, LLC (NYSE: APO) and Great Wolf Resorts, Inc. (NASDAQ: WOLF) announced that they have entered into a definitive merger agreement with Apollo will acquiring Great Wolf, North America's largest family of indoor waterpark resorts, for approximately $703 million, including the assumption of the Company's outstanding debt.
The news was followed by the usual flow of press releases by law firms questioning the deal.
Investorideas.com Newswire
Great Wolf Resorts, Inc. ® (NASDAQ: WOLF )is North America's largest family of indoor waterpark resorts, and, through its subsidiaries and affiliates, owns and operates its family resorts under the Great Wolf Lodge® brand. Great Wolf Resorts is a fully integrated resort company with Great Wolf Lodge locations in: Wisconsin Dells, Wis.; Sandusky, Ohio; Traverse City, Mich.; Kansas City, Kan.; Williamsburg, Va.; the Pocono Mountains, Pa.; Niagara Falls, Ontario; Mason, Ohio; Grapevine, Texas; Grand Mound, Wash.; and Concord, N.C. Great Wolf's consolidated subsidiary, Creative Kingdoms, LLC, is a developer and operator of technology-based, interactive quest adventure experiences such as MagiQuest®. http://www.greatwolf.com
About InvestorIdeas.com:
InvestorIdeas.com is a leader in investor stock research by sector. Sectors we cover include; cleantech and renewable energy stocks, biotech stocks, mining and gold stocks, energy stocks, water, tech, defense stocks, nanotech, agriculture and gaming.
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Disclaimer: Our sites do not make recommendations. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. This site is currently compensated by featured companies, news submissions and online advertising . www.InvestorIdeas.com/About/Disclaimer.asp
800-665-0411 - Source - www.Investorideas.com
Medical Technology Stock Alert; PositiveID Corporation's (OTCBB:PSID) M-BAND Well Positioned for $3 Billion BioWatch Contract
DELRAY BEACH, Fla. - March 13, 2012 (Investorideas.com newswire) - PositiveID Corporation (OTCBB:PSID), a developer of molecular diagnostic systems for bio-threat detection, announced today that its M-BAND (Microfluidic-Bioagent Autonomous Networked Detector) system is well positioned to take part in the Department of Homeland Security's ("DHS") $3.1 billion BioWatch Gen-3 opportunity, expected to be released in the first half of 2012, and is the only system of its kind that was demonstrated in the field under the DHS Science and Technology ("S&T") BAND Program. PositiveID's patented M-BAND biodetector was developed under a competitive award from DHS S&T, and M-BAND was the only successful system to emerge from the BAND program.
M-BAND, protected by United States Patent No. 7,705,739 B2 for an Integrated Airborne Substance Collection and Detection System, was developed by PositiveID's Microfluidic Systems ("MFS") subsidiary under six years of funding from the federal government.
M-BAND is a bioaerosol monitor with fully integrated modular systems including sample collection, purification and detection modules. Each module is independently functional and adaptable. M-BAND runs autonomously for up to 30 days, continuously analyzing air samples for the detection of bacteria, viruses, and toxins with results in as little as three hours. Results from individual instruments are reported via a secure wireless network in real time to give an accurate and up to date status for fielded instruments in aggregate. Also as part of the BAND Program, PositiveID developed, validated and implemented its own biological assays for use on the M-BAND system and research laboratories. (www.PSIDMBA.com).
The M-BAND instrument offers a number of advantages including decreased consumable and operating costs, a small footprint, a closed operating environment and significant flexibility of operation. M-BAND has been designed and field tested to operate continuously for 30 days unattended between scheduled services. It also operates using industry gold-standard TaqMan(R) PCR (polymerase chain reaction) chemistry.
William J. Caragol, Chairman and CEO of PositiveID, stated, "We believe M-BAND is the only system of its kind that has been successfully field tested indoors and outdoors, both domestically and internationally. We further believe that M-BAND has significant benefits that set this technology apart and put us in a strong position to participate with large partners in the $3.1 billion BioWatch opportunity."
About PositiveID Corporation OTCBB:PSID)
PositiveID Corporation develops unique medical devices and molecular diagnostic systems, focused primarily on diabetes management, rapid medical testing and airborne bio-threat detection. Its wholly-owned subsidiary, MFS, is focused on the development of microfluidic systems for automated preparation of and performance of biological assays. For more information on PositiveID, please visit www.PositiveIDCorp.com.
Statements about PositiveID's future expectations, including the likelihood that PositiveID's M-BAND system is well positioned to take part the DHS $3.1 billion BioWatch Gen-3 opportunity, expected to be released in the first half of 2012, and is the only system of its kind that was demonstrated in the field under the DHS S&T BAND Program; the likelihood that M-BAND was the only successful system to emerge from the BAND program; the likelihood that the M-BAND instrument offers a number of advantages including decreased consumable and operating costs, a small footprint, a closed operating environment and significant flexibility of operation; the likelihood that M-BAND is the only system of its kind that has been successfully field tested indoors and outdoors, both domestically and internationally; the likelihood that M-BAND has significant benefits that set this technology apart and put PositiveID in a strong position to participate with large partners in the $3.1 billion BioWatch opportunity; and all other statements in this press release other than historical facts are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as that term is defined in the Private Litigation Reform Act of 1995. Such forward-looking statements involve risks and uncertainties and are subject to change at any time, and PositiveID's actual results could differ materially from expected results. These risks and uncertainties include PositiveID's ability to successfully participate in the $3.1 billion BioWatch opportunity; as well as certain other risks. Additional information about these and other factors that could affect the Company's business is set forth in the Company's various filings with the Securities and Exchange Commission, including those set forth in the Company's 10-K filed on March 25, 2011, and 10-Qs filed on May 13, 2011, August 15, 2011, and November 14, 2011, under the caption "Risk Factors." The Company undertakes no obligation to update or release any revisions to these forward-looking statements to reflect events or circumstances after the date of this statement or to reflect the occurrence of unanticipated events, except as required by law.
CONTACT:
Allison Tomek
561-805-8000
atomek@positiveidcorp.com
PositiveID Corporation (OTCBB:PSID) is a featured biotech company on Investorideas.com
Visit the company profile: http://www.investorideas.com/CO/PSID/
Disclaimer/ Disclosure: Disclaimer: Our sites do not make recommendations. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. This site is currently compensated by featured companies, news submissions and online advertising. PositiveID Corporation (OTCBB:PSID) featured biotech company on Investorideas.com for 3 months effective January 30,2012 . Compensation: two hundred fifty thousand 144 shares for news release publication, syndication on blogs and related sites and email distribution and company profile . More info: www.InvestorIdeas.com/About/Disclaimer.asp and disclosures: http://www.investorideas.com/About/News/Clientspecifics.asp
BC Residents and Investor Disclaimer : Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894
DELRAY BEACH, Fla. - March 13, 2012 (Investorideas.com newswire) - PositiveID Corporation (OTCBB:PSID), a developer of molecular diagnostic systems for bio-threat detection, announced today that its M-BAND (Microfluidic-Bioagent Autonomous Networked Detector) system is well positioned to take part in the Department of Homeland Security's ("DHS") $3.1 billion BioWatch Gen-3 opportunity, expected to be released in the first half of 2012, and is the only system of its kind that was demonstrated in the field under the DHS Science and Technology ("S&T") BAND Program. PositiveID's patented M-BAND biodetector was developed under a competitive award from DHS S&T, and M-BAND was the only successful system to emerge from the BAND program.
M-BAND, protected by United States Patent No. 7,705,739 B2 for an Integrated Airborne Substance Collection and Detection System, was developed by PositiveID's Microfluidic Systems ("MFS") subsidiary under six years of funding from the federal government.
M-BAND is a bioaerosol monitor with fully integrated modular systems including sample collection, purification and detection modules. Each module is independently functional and adaptable. M-BAND runs autonomously for up to 30 days, continuously analyzing air samples for the detection of bacteria, viruses, and toxins with results in as little as three hours. Results from individual instruments are reported via a secure wireless network in real time to give an accurate and up to date status for fielded instruments in aggregate. Also as part of the BAND Program, PositiveID developed, validated and implemented its own biological assays for use on the M-BAND system and research laboratories. (www.PSIDMBA.com).
The M-BAND instrument offers a number of advantages including decreased consumable and operating costs, a small footprint, a closed operating environment and significant flexibility of operation. M-BAND has been designed and field tested to operate continuously for 30 days unattended between scheduled services. It also operates using industry gold-standard TaqMan(R) PCR (polymerase chain reaction) chemistry.
William J. Caragol, Chairman and CEO of PositiveID, stated, "We believe M-BAND is the only system of its kind that has been successfully field tested indoors and outdoors, both domestically and internationally. We further believe that M-BAND has significant benefits that set this technology apart and put us in a strong position to participate with large partners in the $3.1 billion BioWatch opportunity."
About PositiveID Corporation OTCBB:PSID)
PositiveID Corporation develops unique medical devices and molecular diagnostic systems, focused primarily on diabetes management, rapid medical testing and airborne bio-threat detection. Its wholly-owned subsidiary, MFS, is focused on the development of microfluidic systems for automated preparation of and performance of biological assays. For more information on PositiveID, please visit www.PositiveIDCorp.com.
Statements about PositiveID's future expectations, including the likelihood that PositiveID's M-BAND system is well positioned to take part the DHS $3.1 billion BioWatch Gen-3 opportunity, expected to be released in the first half of 2012, and is the only system of its kind that was demonstrated in the field under the DHS S&T BAND Program; the likelihood that M-BAND was the only successful system to emerge from the BAND program; the likelihood that the M-BAND instrument offers a number of advantages including decreased consumable and operating costs, a small footprint, a closed operating environment and significant flexibility of operation; the likelihood that M-BAND is the only system of its kind that has been successfully field tested indoors and outdoors, both domestically and internationally; the likelihood that M-BAND has significant benefits that set this technology apart and put PositiveID in a strong position to participate with large partners in the $3.1 billion BioWatch opportunity; and all other statements in this press release other than historical facts are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as that term is defined in the Private Litigation Reform Act of 1995. Such forward-looking statements involve risks and uncertainties and are subject to change at any time, and PositiveID's actual results could differ materially from expected results. These risks and uncertainties include PositiveID's ability to successfully participate in the $3.1 billion BioWatch opportunity; as well as certain other risks. Additional information about these and other factors that could affect the Company's business is set forth in the Company's various filings with the Securities and Exchange Commission, including those set forth in the Company's 10-K filed on March 25, 2011, and 10-Qs filed on May 13, 2011, August 15, 2011, and November 14, 2011, under the caption "Risk Factors." The Company undertakes no obligation to update or release any revisions to these forward-looking statements to reflect events or circumstances after the date of this statement or to reflect the occurrence of unanticipated events, except as required by law.
CONTACT:
Allison Tomek
561-805-8000
atomek@positiveidcorp.com
PositiveID Corporation (OTCBB:PSID) is a featured biotech company on Investorideas.com
Visit the company profile: http://www.investorideas.com/CO/PSID/
Disclaimer/ Disclosure: Disclaimer: Our sites do not make recommendations. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. This site is currently compensated by featured companies, news submissions and online advertising. PositiveID Corporation (OTCBB:PSID) featured biotech company on Investorideas.com for 3 months effective January 30,2012 . Compensation: two hundred fifty thousand 144 shares for news release publication, syndication on blogs and related sites and email distribution and company profile . More info: www.InvestorIdeas.com/About/Disclaimer.asp and disclosures: http://www.investorideas.com/About/News/Clientspecifics.asp
BC Residents and Investor Disclaimer : Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894
Monday, March 12, 2012
Renewable Energy Stock Alert: FuelCell Energy (NasdaqGM: FCEL) Moves on First Quarter Results and MOU with POSCO Energy
New York, NY, - March 12 , 2012 – (Investorideas.com renewable energy/green newswire) Investorideas.com, a leader in renewable energy stock research for independent investors, issues an investor alert for, FuelCell Energy, Inc. (NasdaqGM :FCEL) , trading up at $1.71 , up 0.21(14.00%) on over 4.9 Million shares .
The Company reported its first quarter results ending January 31, 2012 along with its business highlights, as well as announcing it has entered into an MOU with its South Korean partner, POSCO Energy for a 120 Megawatt multi-yea order commitment. POSCO Energy will also buy 20,000,000 shares of FuelCell Energy at $1.50 per share for proceeds of $30 million.
FuelCell Energy (NasdaqGM: FCEL) reported total revenues for the first quarter of 2012 of $31.3 million compared to $28.1 million in the same period last year. Product sales and revenues in the first quarter increased 15 percent to $29.6 million compared to $25.8 million in the prior year quarter, due to increasing demand for Direct FuelCell(R) (DFC(R)) power plants, components and installation services. First quarter product revenue included $20.9 million of power plants and fuel cell kits, $5.3 million of power plant component sales and installation services, and $3.4 million of service and power purchase agreements. Product sales and service backlog totaled $184.1 million as of January 31, 2012 compared to $156.9 million as of January 31, 2011. Product sales backlog was $107.9 million and $78.9 million as of January 31, 2012 and 2011, respectively. Service agreement backlog was $76.2 million and $78.0 million as of January 31, 2012 and 2011, respectively. Backlog does not include the 120 MW POSCO Energy announcement or service agreement with Southern California Edison received subsequent to quarter end.
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About FuelCell Energy (NasdaqGM: FCEL)
Direct FuelCell(R) power plants are generating ultra-clean, efficient and reliable power at more than 50 locations worldwide. With over 180 megawatts of power generation capacity installed or in backlog, FuelCell Energy is a global leader in providing ultra-clean baseload distributed generation to utilities, industrial operations, universities, municipal water treatment facilities, government installations and other customers around the world. The Company's power plants have generated over one billion kWh of power using a variety of fuels including renewable biogas from wastewater treatment and food processing, as well as clean natural gas. For more information please visit our website at www.fuelcellenergy.com
Research more fuel cell stocks on global stock exchanges –and up to 1300 renewable energy stocks at Investorideas.com http://www.investorideas.com/Companies/RenewableEnergy/Stock_List.asp
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BC Residents and Investor Disclaimer : Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894
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New York, NY, - March 12 , 2012 – (Investorideas.com renewable energy/green newswire) Investorideas.com, a leader in renewable energy stock research for independent investors, issues an investor alert for, FuelCell Energy, Inc. (NasdaqGM :FCEL) , trading up at $1.71 , up 0.21(14.00%) on over 4.9 Million shares .
The Company reported its first quarter results ending January 31, 2012 along with its business highlights, as well as announcing it has entered into an MOU with its South Korean partner, POSCO Energy for a 120 Megawatt multi-yea order commitment. POSCO Energy will also buy 20,000,000 shares of FuelCell Energy at $1.50 per share for proceeds of $30 million.
FuelCell Energy (NasdaqGM: FCEL) reported total revenues for the first quarter of 2012 of $31.3 million compared to $28.1 million in the same period last year. Product sales and revenues in the first quarter increased 15 percent to $29.6 million compared to $25.8 million in the prior year quarter, due to increasing demand for Direct FuelCell(R) (DFC(R)) power plants, components and installation services. First quarter product revenue included $20.9 million of power plants and fuel cell kits, $5.3 million of power plant component sales and installation services, and $3.4 million of service and power purchase agreements. Product sales and service backlog totaled $184.1 million as of January 31, 2012 compared to $156.9 million as of January 31, 2011. Product sales backlog was $107.9 million and $78.9 million as of January 31, 2012 and 2011, respectively. Service agreement backlog was $76.2 million and $78.0 million as of January 31, 2012 and 2011, respectively. Backlog does not include the 120 MW POSCO Energy announcement or service agreement with Southern California Edison received subsequent to quarter end.
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About FuelCell Energy (NasdaqGM: FCEL)
Direct FuelCell(R) power plants are generating ultra-clean, efficient and reliable power at more than 50 locations worldwide. With over 180 megawatts of power generation capacity installed or in backlog, FuelCell Energy is a global leader in providing ultra-clean baseload distributed generation to utilities, industrial operations, universities, municipal water treatment facilities, government installations and other customers around the world. The Company's power plants have generated over one billion kWh of power using a variety of fuels including renewable biogas from wastewater treatment and food processing, as well as clean natural gas. For more information please visit our website at www.fuelcellenergy.com
Research more fuel cell stocks on global stock exchanges –and up to 1300 renewable energy stocks at Investorideas.com http://www.investorideas.com/Companies/RenewableEnergy/Stock_List.asp
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Investorideas.com was on the of the first investor sites covering investing in water and renewable energy stocks and has become a global go-to destination for investors researching the cleantech sector, with stock directories, company news, commentary from experts, research reports and industry resources and links. Investors can follow solar stocks commentary on our site with solar expert, J. Peter Lynch.
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BC Residents and Investor Disclaimer : Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894
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China Stock Alert: Tudou (NASDAQ: TUDO) Leads NASDAQ Top Gainers Soaring over 147%
New York, NY- March 12,2012 - www.InvestorIdeas.com, a global investor research portal for independent investors, reports on China stock, Tudou Holdings Limited (NASDAQ: TUDO), soaring on news that it is being acquired by Youku Inc. (NYSE: YOKU. The stock is trading at $38.16, up $22.77(147.95%) as of 11:04AM EDT on over 3 Million shares, making it the top percentage gainer on NASDAQ for Monday’s session. The stock has traded as high as $42.81 this morning.
Youku Inc. (NYSE: YOKU )and Tudou Holdings Limited (NASDAQ: TUDO) reported today that they signed an agreement for Tudou to combine with Youku in a 100% stock-for-stock transaction. Under the terms of the agreement, each Class A ordinary share and Class B ordinary share of Tudou issued and outstanding immediately prior to the effective time of the merger will be cancelled in exchange for the right to receive 7.177 Class A ordinary shares of Youku, and each American depositary share of Tudou ("Tudou ADSs"), each of which represents four Tudou Class B ordinary shares, will be cancelled in exchange for the right to receive 1.595 American depositary shares of Youku ("Youku ADSs"), each of which represents 18 Youku Class A ordinary shares resulting in Youku and Tudou shareholders and ADS holders owning approximately 71.5% and 28.5% of the combined entity, respectively, immediately upon completion of the transaction. Upon completion, the combined entity will be named Youku Tudou Inc. Youku's ADSs will continue to be listed on the NYSE under the symbol "YOKU".
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Tudou Holdings Limited (Nasdaq: TUDO) is a leading Internet video company in China providing premium licensed content, user generated content , and original in-house productions. Founded in 2005, Tudou was the first UGC video sharing website launched in China. The "Tudou" brand is one of the most recognized Internet brands in China, and the annual Tudou Video Festival has become a signature event in the online video industry
Youku Inc. (NYSE: YOKU) is China's leading Internet television company. Its Internet television platform enables users to search, view and share high-quality video content quickly and easily across multiple devices. Youku, which stands for "what's best and what's cool" in Chinese, is the most recognized online video brand in China. Youku's American depositary shares, each representing 18 of Class A ordinary shares, are traded on NYSE under the symbol "YOKU".
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800-665-0411 - Source – www.Investorideas.com
New York, NY- March 12,2012 - www.InvestorIdeas.com, a global investor research portal for independent investors, reports on China stock, Tudou Holdings Limited (NASDAQ: TUDO), soaring on news that it is being acquired by Youku Inc. (NYSE: YOKU. The stock is trading at $38.16, up $22.77(147.95%) as of 11:04AM EDT on over 3 Million shares, making it the top percentage gainer on NASDAQ for Monday’s session. The stock has traded as high as $42.81 this morning.
Youku Inc. (NYSE: YOKU )and Tudou Holdings Limited (NASDAQ: TUDO) reported today that they signed an agreement for Tudou to combine with Youku in a 100% stock-for-stock transaction. Under the terms of the agreement, each Class A ordinary share and Class B ordinary share of Tudou issued and outstanding immediately prior to the effective time of the merger will be cancelled in exchange for the right to receive 7.177 Class A ordinary shares of Youku, and each American depositary share of Tudou ("Tudou ADSs"), each of which represents four Tudou Class B ordinary shares, will be cancelled in exchange for the right to receive 1.595 American depositary shares of Youku ("Youku ADSs"), each of which represents 18 Youku Class A ordinary shares resulting in Youku and Tudou shareholders and ADS holders owning approximately 71.5% and 28.5% of the combined entity, respectively, immediately upon completion of the transaction. Upon completion, the combined entity will be named Youku Tudou Inc. Youku's ADSs will continue to be listed on the NYSE under the symbol "YOKU".
Your browser may not support display of this image.
Tudou Holdings Limited (Nasdaq: TUDO) is a leading Internet video company in China providing premium licensed content, user generated content , and original in-house productions. Founded in 2005, Tudou was the first UGC video sharing website launched in China. The "Tudou" brand is one of the most recognized Internet brands in China, and the annual Tudou Video Festival has become a signature event in the online video industry
Youku Inc. (NYSE: YOKU) is China's leading Internet television company. Its Internet television platform enables users to search, view and share high-quality video content quickly and easily across multiple devices. Youku, which stands for "what's best and what's cool" in Chinese, is the most recognized online video brand in China. Youku's American depositary shares, each representing 18 of Class A ordinary shares, are traded on NYSE under the symbol "YOKU".
About InvestorIdeas.com:
InvestorIdeas.com is a leader in investor stock research by sector. Sectors we cover include; cleantech and renewable energy stocks, biotech stocks, mining and gold stocks, energy stocks, water, tech, defense stocks, nanotech, agriculture and gaming.
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800-665-0411 - Source – www.Investorideas.com
Security Stocks; United Protection Security Group Inc. (TSX-V: UZZ) - Acquisition and Corporate Update
EDMONTON - March 12, 2012 (InvestorIdeas.com Newswire) - F.V.Ramsoondar, Chief Executive Officer of United Protection Security Group Inc. ("UPSG" or the "Company"), (TSX-V:UZZ) is pleased to announce the following updates:
a) The Company has successfully closed a Camrose, Alberta asset acquisition of a Physical Security Guard company that currently generates approximately $600,000 in annualized revenues. This acquisition is in line with the Company's objective for expansion across Canada . The total consideration for the asset acquisition is $130,000 , payable by way of $50,000 in cash on or before March 31, 2012 , the closing date, $50,000 in cash six (6) months after closing date and $30,000 in cash nine (9) months after closing date.
b) The Company will not proceed with an Equity Line Financing Facility pursuant to a press release dated July 12, 2010 . With the successful close of a Receivable Financing Facility of USD $4.5 million with a New York Asset Based Lender, the Company is now in discussions with the lender for Term Debt Financing and Equity Financing to be used for future acquisitions.
c) The Company has appointed Mr. Darcy Ogrodnick , CA as its Chief Financial Officer. Mr. Ogrodnick has held various management positions with public companies since 2004, and has been providing financial consulting services to junior exploration companies since 2008. Prior to 2004, he worked for both international and Saskatchewan-based accounting firms serving clients in a number of industries. A Chartered Accountant since 2001, Mr. Ogrodnick holds a Bachelor of Commerce Degree and Master of Professional Accounting degrees from the University of Saskatchewan.
Stock Awareness Activities
To find out more about United Protection Security Group Inc. (TSX-V: UZZ.V - News), visit our website at www.unitedprotection.com. To join the 'request for information', go to the web page www.unitedprotection.com and click the tab 'request information' and follow the prompts.
Statements in this press release other than purely historical information, including statements relating to the Company's future plans and objectives or expected results, are forward-looking statements. Forward-looking statements are based on numerous assumptions and are subject to all of the risks and uncertainties inherent in the Company's business, including risks related to business development and retention, and risks related to the current economic and credit conditions. As a result, actual results may vary materially from those described in the forward-looking statements.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
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EDMONTON - March 12, 2012 (InvestorIdeas.com Newswire) - F.V.Ramsoondar, Chief Executive Officer of United Protection Security Group Inc. ("UPSG" or the "Company"), (TSX-V:UZZ) is pleased to announce the following updates:
a) The Company has successfully closed a Camrose, Alberta asset acquisition of a Physical Security Guard company that currently generates approximately $600,000 in annualized revenues. This acquisition is in line with the Company's objective for expansion across Canada . The total consideration for the asset acquisition is $130,000 , payable by way of $50,000 in cash on or before March 31, 2012 , the closing date, $50,000 in cash six (6) months after closing date and $30,000 in cash nine (9) months after closing date.
b) The Company will not proceed with an Equity Line Financing Facility pursuant to a press release dated July 12, 2010 . With the successful close of a Receivable Financing Facility of USD $4.5 million with a New York Asset Based Lender, the Company is now in discussions with the lender for Term Debt Financing and Equity Financing to be used for future acquisitions.
c) The Company has appointed Mr. Darcy Ogrodnick , CA as its Chief Financial Officer. Mr. Ogrodnick has held various management positions with public companies since 2004, and has been providing financial consulting services to junior exploration companies since 2008. Prior to 2004, he worked for both international and Saskatchewan-based accounting firms serving clients in a number of industries. A Chartered Accountant since 2001, Mr. Ogrodnick holds a Bachelor of Commerce Degree and Master of Professional Accounting degrees from the University of Saskatchewan.
Stock Awareness Activities
To find out more about United Protection Security Group Inc. (TSX-V: UZZ.V - News), visit our website at www.unitedprotection.com. To join the 'request for information', go to the web page www.unitedprotection.com and click the tab 'request information' and follow the prompts.
Statements in this press release other than purely historical information, including statements relating to the Company's future plans and objectives or expected results, are forward-looking statements. Forward-looking statements are based on numerous assumptions and are subject to all of the risks and uncertainties inherent in the Company's business, including risks related to business development and retention, and risks related to the current economic and credit conditions. As a result, actual results may vary materially from those described in the forward-looking statements.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
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Friday, March 09, 2012
Security Stock Alert; Smith & Wesson (NASDAQt: SWHC) Shoots up on Third Quarter Results
New York, NY- March 9, 2012 - www.InvestorIdeas.com, a global investor research portal, specializing in sector research for independent investors, issues a trading alert for security, protection and sport company Smith & Wesson Holding Corporation (NASDAQ :SWHC). The stock is trading up at $6.87, up 1.21(21.38%) 11:13AM EST on over 5 Million shares, making it the NASDAQ top percentage gainer in morning trading.
The stock moved up on financial results for its fiscal 2012 third quarter ending January 31, 2012 reported yesterday on the close.
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Third Quarter Fiscal 2012 Financial Highlights
•Net sales from continuing operations for the third quarter of $98.1 million were up 23.8% from the third quarter last year. The increase was driven by strong sales of M&P™ handguns, M&P™ sporting rifles, and all Smith & Wesson personal protection and concealed carry pistols.
•Gross profit for the third quarter was $30.0 million, or 30.6% of net sales, compared with gross profit of $19.4 million, or 24.5% of net sales, for the same period last year. The improvement in gross profit was driven by increased sales volume and increased overhead absorption due to higher production levels; as well as cost-reduction initiatives across the organization, including the completion of the consolidation of the Thompson/Center Arms business to Springfield, Massachusetts, which concluded in November 2011. In addition, the same period last year included costs associated with the company's strategic price repositioning activities. That strategic repositioning also resulted in lower ongoing promotion costs.
•Operating expense for the third quarter totaled $19.7 million, or 20.1% of net sales, compared with operating expense of $21.3 million, or 26.9% of net sales, for the third quarter last year. The decrease in operating expense reflected cost-reduction initiatives across the organization as well as reduced legal fees related to the company's ongoing DOJ and SEC investigations.
•Net income from continuing operations for the third quarter was $5.4 million, or $0.08 per diluted share, compared with a net loss from continuing operations of $2.7 million, or $0.05 per diluted share, for the third quarter last year. Net income from continuing operations for the third quarter resulted from increased sales volumes and corresponding gross profit as well as reduced operating expenses.
•Non-GAAP adjusted EBITDAS from continuing operations for the third quarter increased to $14.8 million compared with $4.6 million for the same period last year.
•At January 31, 2012, firearm backlog was $198.5 million, an increase of $124.7 million, or 168.9%, compared with the end of the third quarter last year, and an increase of $48.6 million, or 32.0%, from the most recent sequential quarter.
•Operating cash flow of $8.5 million and net capital spending of $3.5 million resulted in free cash flow of $5.0 million from continuing operations.
•Debt was reduced by $30.0 million through the repayment of outstanding convertible notes.
About Smith & Wesson
Smith & Wesson Holding Corporation (NASDAQt: SWHC) is a U.S.-based leader in firearm manufacturing and design, delivering a broad portfolio of quality firearms, related products, and training to the global military, law enforcement, and consumer markets. The company's brands include Smith & Wesson®, M&P™ and Thompson/Center Arms. Smith & Wesson facilities are located in Massachusetts and Maine.
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800-665-0411 - Source – www.Investorideas.com
New York, NY- March 9, 2012 - www.InvestorIdeas.com, a global investor research portal, specializing in sector research for independent investors, issues a trading alert for security, protection and sport company Smith & Wesson Holding Corporation (NASDAQ :SWHC). The stock is trading up at $6.87, up 1.21(21.38%) 11:13AM EST on over 5 Million shares, making it the NASDAQ top percentage gainer in morning trading.
The stock moved up on financial results for its fiscal 2012 third quarter ending January 31, 2012 reported yesterday on the close.
Your browser may not support display of this image.
Third Quarter Fiscal 2012 Financial Highlights
•Net sales from continuing operations for the third quarter of $98.1 million were up 23.8% from the third quarter last year. The increase was driven by strong sales of M&P™ handguns, M&P™ sporting rifles, and all Smith & Wesson personal protection and concealed carry pistols.
•Gross profit for the third quarter was $30.0 million, or 30.6% of net sales, compared with gross profit of $19.4 million, or 24.5% of net sales, for the same period last year. The improvement in gross profit was driven by increased sales volume and increased overhead absorption due to higher production levels; as well as cost-reduction initiatives across the organization, including the completion of the consolidation of the Thompson/Center Arms business to Springfield, Massachusetts, which concluded in November 2011. In addition, the same period last year included costs associated with the company's strategic price repositioning activities. That strategic repositioning also resulted in lower ongoing promotion costs.
•Operating expense for the third quarter totaled $19.7 million, or 20.1% of net sales, compared with operating expense of $21.3 million, or 26.9% of net sales, for the third quarter last year. The decrease in operating expense reflected cost-reduction initiatives across the organization as well as reduced legal fees related to the company's ongoing DOJ and SEC investigations.
•Net income from continuing operations for the third quarter was $5.4 million, or $0.08 per diluted share, compared with a net loss from continuing operations of $2.7 million, or $0.05 per diluted share, for the third quarter last year. Net income from continuing operations for the third quarter resulted from increased sales volumes and corresponding gross profit as well as reduced operating expenses.
•Non-GAAP adjusted EBITDAS from continuing operations for the third quarter increased to $14.8 million compared with $4.6 million for the same period last year.
•At January 31, 2012, firearm backlog was $198.5 million, an increase of $124.7 million, or 168.9%, compared with the end of the third quarter last year, and an increase of $48.6 million, or 32.0%, from the most recent sequential quarter.
•Operating cash flow of $8.5 million and net capital spending of $3.5 million resulted in free cash flow of $5.0 million from continuing operations.
•Debt was reduced by $30.0 million through the repayment of outstanding convertible notes.
About Smith & Wesson
Smith & Wesson Holding Corporation (NASDAQt: SWHC) is a U.S.-based leader in firearm manufacturing and design, delivering a broad portfolio of quality firearms, related products, and training to the global military, law enforcement, and consumer markets. The company's brands include Smith & Wesson®, M&P™ and Thompson/Center Arms. Smith & Wesson facilities are located in Massachusetts and Maine.
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Disclaimer: Our sites do not make recommendations. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. This site is currently compensated by featured companies, news submissions and online advertising. www.InvestorIdeas.com/About/Disclaimer.asp
800-665-0411 - Source – www.Investorideas.com
Water Stocks Investor Alert: Mueller Water Products (NYSE:MWA) Closes up 21% on News
March 9, 2012 - www.investorideas.com, a leader in sector research including water stocks issues a news and trading alert for Mueller Water Products, Inc. (NYSE:MWA). The stock closed up at $3.45, up 0.60 or 21.0% on volume of 6,242,190 shares, making it a top percentage gainer on the NYSE for Thursday’s session.
The Company reported Thursday it signed a purchase agreement to divest United States Pipe and Foundry Company, LLC and Fast Fabricators, LLC (together "U.S. Pipe") to an affiliate of Wynnchurch Capital, Ltd. a Chicago-based private equity firm with offices in Dallas, Detroit and Toronto, the Company announced today. Partnering with Wynnchurch in the transaction is the Comvest Group, a leading private investment firm focused on providing equity and debt capital to lower middle-market companies.
"The divestiture of U.S. Pipe enables us to focus on our higher-margin businesses and newer technology initiatives," said Gregory E. Hyland, Chairman, President and Chief Executive Officer of Mueller Water Products. "We believe that with this enhanced focus, the true potential of these initiatives will become more apparent to both our customers and stockholders. The ductile iron pipe business has been volatile, which has negatively impacted our financial performance and, we believe, masked the true value of our overall business. We have a solid platform for growth, and we believe the financial flexibility generated from the sale of U.S. Pipe, coupled with our strategic vision, will increase our ability to more profitably grow our business."
Chart forMueller Water Products, Inc. (MWA)
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March 9, 2012 - www.investorideas.com, a leader in sector research including water stocks issues a news and trading alert for Mueller Water Products, Inc. (NYSE:MWA). The stock closed up at $3.45, up 0.60 or 21.0% on volume of 6,242,190 shares, making it a top percentage gainer on the NYSE for Thursday’s session.
The Company reported Thursday it signed a purchase agreement to divest United States Pipe and Foundry Company, LLC and Fast Fabricators, LLC (together "U.S. Pipe") to an affiliate of Wynnchurch Capital, Ltd. a Chicago-based private equity firm with offices in Dallas, Detroit and Toronto, the Company announced today. Partnering with Wynnchurch in the transaction is the Comvest Group, a leading private investment firm focused on providing equity and debt capital to lower middle-market companies.
"The divestiture of U.S. Pipe enables us to focus on our higher-margin businesses and newer technology initiatives," said Gregory E. Hyland, Chairman, President and Chief Executive Officer of Mueller Water Products. "We believe that with this enhanced focus, the true potential of these initiatives will become more apparent to both our customers and stockholders. The ductile iron pipe business has been volatile, which has negatively impacted our financial performance and, we believe, masked the true value of our overall business. We have a solid platform for growth, and we believe the financial flexibility generated from the sale of U.S. Pipe, coupled with our strategic vision, will increase our ability to more profitably grow our business."
Chart forMueller Water Products, Inc. (MWA)
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Thursday, March 08, 2012
Defense and Security Stock Alert; Kratos (NASDAQ:KTOS) up over 11% on Earnings Release
New York, NY- March 8, 2012 - www.InvestorIdeas.com, a global investor research portal, specializing in sector research for independent investors, issues a trading alert for defense and security stock Kratos Defense & Security Solutions, Inc. (Nasdaq:KTOS). The stock is trading up at $6.59 0.66(11.13%) 11:34AM EST with a high of $7.17, making it one of the top NASDAQ morning percentage gainers.
The Company reported Fourth Quarter and Fiscal Year 2011 results and affirmed Previously Issued Fiscal 2012 Adjusted Free Cash Flow Guidance and Provides 2012 Revenue Guidance of $950 Million to $1 Billion.
Financial Highlights:
•Fiscal 2011 Revenues of $723.1 Million Increase 77 Percent Over 2010
•Fiscal 2011 Adjusted EBITDA Margins Increase 300 Basis Points to 12.7 Percent
•Second Half Fiscal 2011 Adjusted Cash Flow from Operations of $27.2 Million
•Fourth Quarter Revenues of $218.2 Million Increase 81 Percent Over Fourth Quarter 2010
•Fourth Quarter Adjusted EBITDA of $27.0 Million, or 12.4 Percent
•Fourth Quarter Book-To-Bill Ratio 1.2 to 1.0, Total Backlog of $1.1 Billion, Bid & Proposal Pipeline $3.7 Billion
•Previous 2012 Adjusted Free Cash Flow Guidance of Approximately $50 Million To $65 Million Reaffirmed
•2012 Revenue Guidance of $950 Million to $1 Billion, Adjusted EBITDA of $120 Million to $130 Million
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Kratos Defense & Security Solutions, Inc. (Nasdaq:KTOS) is a specialized National Security technology business providing mission critical products, services and solutions for United States National Security priorities. Kratos' core capabilities are sophisticated engineering, manufacturing and system integration offerings for National Security platforms and programs. Kratos' areas of expertise include Command, Control, Communications, Computing, Combat Systems, Intelligence, Surveillance and Reconnaissance (C5ISR), satellite communication systems, unmanned systems, cyber warfare, cyber security, information assurance, critical infrastructure security and weapons systems sustainment. Kratos has primarily an engineering and technical oriented work force of approximately 4,000, many of whom hold an active National Security clearance, including Secret, Top Secret and higher. The vast majority of Kratos' work is performed on a military base, in a secure facility or at a critical infrastructure location. Kratos' primary end customers are United States Federal Government agencies, including the Department of Defense, classified agencies, intelligence agencies and Homeland Security related agencies. News and information are available at www.KratosDefense.com.
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800-665-0411 - Source – www.Investorideas.com
New York, NY- March 8, 2012 - www.InvestorIdeas.com, a global investor research portal, specializing in sector research for independent investors, issues a trading alert for defense and security stock Kratos Defense & Security Solutions, Inc. (Nasdaq:KTOS). The stock is trading up at $6.59 0.66(11.13%) 11:34AM EST with a high of $7.17, making it one of the top NASDAQ morning percentage gainers.
The Company reported Fourth Quarter and Fiscal Year 2011 results and affirmed Previously Issued Fiscal 2012 Adjusted Free Cash Flow Guidance and Provides 2012 Revenue Guidance of $950 Million to $1 Billion.
Financial Highlights:
•Fiscal 2011 Revenues of $723.1 Million Increase 77 Percent Over 2010
•Fiscal 2011 Adjusted EBITDA Margins Increase 300 Basis Points to 12.7 Percent
•Second Half Fiscal 2011 Adjusted Cash Flow from Operations of $27.2 Million
•Fourth Quarter Revenues of $218.2 Million Increase 81 Percent Over Fourth Quarter 2010
•Fourth Quarter Adjusted EBITDA of $27.0 Million, or 12.4 Percent
•Fourth Quarter Book-To-Bill Ratio 1.2 to 1.0, Total Backlog of $1.1 Billion, Bid & Proposal Pipeline $3.7 Billion
•Previous 2012 Adjusted Free Cash Flow Guidance of Approximately $50 Million To $65 Million Reaffirmed
•2012 Revenue Guidance of $950 Million to $1 Billion, Adjusted EBITDA of $120 Million to $130 Million
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Kratos Defense & Security Solutions, Inc. (Nasdaq:KTOS) is a specialized National Security technology business providing mission critical products, services and solutions for United States National Security priorities. Kratos' core capabilities are sophisticated engineering, manufacturing and system integration offerings for National Security platforms and programs. Kratos' areas of expertise include Command, Control, Communications, Computing, Combat Systems, Intelligence, Surveillance and Reconnaissance (C5ISR), satellite communication systems, unmanned systems, cyber warfare, cyber security, information assurance, critical infrastructure security and weapons systems sustainment. Kratos has primarily an engineering and technical oriented work force of approximately 4,000, many of whom hold an active National Security clearance, including Secret, Top Secret and higher. The vast majority of Kratos' work is performed on a military base, in a secure facility or at a critical infrastructure location. Kratos' primary end customers are United States Federal Government agencies, including the Department of Defense, classified agencies, intelligence agencies and Homeland Security related agencies. News and information are available at www.KratosDefense.com.
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