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Archive for August, 2011
August 15th, 2011 at 01:42 pm
Cleantech Transit, Inc. (CLNO)
Cleantech Transit Inc. was founded to capitalize on technology advances and manufacturing opportunities in the growing clean energy public transportation sector. The Company has expanded its focus to invest directly in specific green projects. Recognizing the many economic and operational advances of converting wood waste into renewable sources of energy, Cleantech has selected to invest in Phoenix Energy (www.phoenixenergy.net). This project could benefit the Company's manufacturing clients worldwide.
(Read more at: http://drstockpick.com/?p=21576)
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August 15th, 2011 at 01:41 pm
Cleantech Transit, Inc. (CLNO)
Cleantech Transit Inc. was founded to capitalize on technology advances and manufacturing opportunities in the growing clean energy public transportation sector. The Company has expanded its focus to invest directly in specific green projects. Recognizing the many economic and operational advances of converting wood waste into renewable sources of energy, Cleantech has selected to invest in Phoenix Energy (www.phoenixenergy.net). This project could benefit the Company's manufacturing clients worldwide.
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August 15th, 2011 at 01:37 pm
Broadwind Energy, Inc. (Nasdaq:BWEN) reported sales of $39.3 million for the second quarter of 2011, a 17% increase compared to $33.6 million in the second quarter of 2010. The increase was attributable to a 48% increase in Tower segment revenues in response to higher demand compared to the prior year second quarter. The Company reported a net loss from continuing operations of $4.4 million or $0.04 per share in the second quarter of 2011 compared to a loss of $13.2 million or $0.12 per share during the second quarter of 2010. The improvement against second quarter 2010 was the result of the beneficial impact of increased sales, a higher margin mix and the absence of a $4.6 million impairment recognized in the prior year.
(Read more at: http://drstockpick.com/?p=21575)
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August 15th, 2011 at 01:33 pm
Harleysville Group Inc. (Nasdaq:HGIC) reported a diluted operating loss of $0.43 per share for the second quarter of 2011, compared to operating income of $0.61 per share in the second quarter of 2010. Catastrophe losses incurred during the second quarter of 2011 reduced operating income by $0.83 per share after taxes, compared to catastrophe losses of $0.19 per share in the second quarter of 2010. For the six-month periods, the company reported a diluted operating loss of $0.14 per share in 2011 and operating income of $0.89 per share in 2010. Catastrophe losses incurred during the first six months of 2011 reduced operating income by $1.04 per share after taxes, compared to catastrophe losses of $0.68 per share in the first six months of 2010.
(Read more at: http://drstockpick.com/?p=21574)
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August 15th, 2011 at 01:28 pm
National Health Partners, Inc. (NHPR)
National Health Partners, Inc. is a national healthcare savings organization that provides discount healthcare membership programs to uninsured and underinsured people through a national healthcare savings network called "CARExpress." CARExpress is one of the largest networks of hospitals, doctors, dentists, pharmacists and other healthcare providers in the country and is comprised of over 1,000,000 medical professionals that belong to such PPOs as CareMark and Aetna. The company's primary target customer group is the 47 million Americans who have no health insurance of any kind. The company's secondary target customer group includes the millions of Americans who lack complete health insurance coverage. The company is headquartered in Horsham, Pennsylvania.
(Read more at: http://drstockpick.com/?p=21573)
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August 15th, 2011 at 01:24 pm
RRSat Global Communications Network Ltd. (Nasdaq:RRST) announced its financial results for the second quarter ended June 30, 2011. Second Quarter 2011 Results: Revenues in the second quarter of 2011 totaled $28.5 million, an increase of 5.9% compared with $26.9 million in the previous quarter and an 11.2% increase compared with $25.7 million in the second quarter of 2010. Gross Profit in the second quarter of 2011 totaled $6.6 million, representing a gross margin of 23.0%, compared with gross profit of $6.2 million in the previous quarter, representing a gross margin of 23.0%.
RRsat Global Communications Network Ltd. provides content management and distribution services to television and radio broadcasting industries.
(Read more at: http://drstockpick.com/?p=21572)
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August 15th, 2011 at 01:15 pm
Crown Equity Holdings, Inc. (CRWE)
Crown Equity Holdings Inc's selection of Core Link reflects recent diversification beyond CRWE's original charter as a provider of services and knowledge to small business owners taking their own companies public. In addition to these services, Crown Equity Holdings Inc has transitioned into a multifaceted media organization that publishes clients' news online; sells advertising adjacent with its digital network targeted at a high-income audience; designs, hosts and maintains websites; produces marketing videos from concept to final product; crafts press releases and articles for maximum SEO; develops email campaigns; and forges branding campaigns to bolster client company images.
(Read more at: http://drstockpick.com/?p=21571)
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August 15th, 2011 at 01:09 pm
Columbus McKinnon Corporation (Nasdaq:CMCO) announced that President and Chief Executive Officer Timothy T. Tevens and Vice President - Finance and Chief Financial Officer Gregory P. Rustowicz will participate in and host investor meetings at the CJS Securities 11th Annual New Ideas Summer Conference in White Plains, NY on Tuesday, August 16, 2011. Columbus McKinnon's presentation will be available on the Company's web site at http://www.cmworks.com on August 16, 2011 and archived there for 90 days following completion of the presentation.
(Read more at: http://drstockpick.com/?p=21570)
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August 13th, 2011 at 04:29 pm
Crown Equity Holdings Inc., (CRWE)
Crown Equity Holdings, Inc. announced that it has extended its CRWENEWSWIRE global platform web presence and is now publishing online news and information to the following countries: Argentina, Australia, Brazil, China, France, Germany, India, Ireland, Italy, Japan, Malaysia, Mexico, New Zealand, Russia, Singapore, South Africa, South Korea, Spain, Taiwan, United Arab Emirates and the United Kingdom, using their specific country code domain and native language.
(Read more at: http://drstockpick.com/?p=21555)
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August 13th, 2011 at 03:39 pm
Cognex Corporation (Nasdaq:CGNX) announced that the company's Board of Directors declared a quarterly cash dividend of $0.09 per share. This dividend is payable on September 16, 2011, to all shareholders of record at the close of business on September 2, 2011.
Cognex Corporation designs, develops, manufactures and markets a range of products that incorporate sophisticated machine vision technology that gives them the ability to "see."
(Read more at: http://drstockpick.com/?p=21554)
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August 13th, 2011 at 03:34 pm
National Health Partners, Inc. (NHPR)
National Health Partners, Inc. is a national healthcare savings organization that provides discount healthcare membership programs to uninsured and underinsured people through a national healthcare savings network called "CARExpress."CARExpress is one of the largest networks of hospitals, doctors, dentists, pharmacists and other healthcare providers in the country and is comprised of over 1,000,000 medical professionals that belong to such PPOs as CareMark and Aetna. The company's primary target customer group is the 47 million Americans who have no health insurance of any kind. The company's secondary target customer group includes the millions of Americans who lack complete health insurance coverage.
(Read more at: http://drstockpick.com/?p=21553)
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August 13th, 2011 at 01:42 pm
Crown Equity Holdings Inc., (CRWE)
Crown Equity Holdings, Inc. announced that it has extended its CRWENEWSWIRE global platform web presence and is now publishing online news and information to the following countries: Argentina, Australia, Brazil, China, France, Germany, India, Ireland, Italy, Japan, Malaysia, Mexico, New Zealand, Russia, Singapore, South Africa, South Korea, Spain, Taiwan, United Arab Emirates and the United Kingdom, using their specific country code domain and native language.
(Read more at: http://drstockpick.com/?p=21551)
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August 13th, 2011 at 01:36 pm
Almost Family, Inc. (Nasdaq:AFAM), a leading regional provider of home health nursing services, announced its financial results for the three-months ended June 30, 2011.Almost Family reported second quarter results that included the impact of the Medicare reimbursement rate cut for 2011 which reduced consolidated and Visiting Nurse (VN) segment revenue and pre-tax operating income by $3.9 million. Net service revenues for the second quarter declined to $81.7 million, a 4% decrease from $85.1 million reported in the second quarter of 2010, primarily as a result of the aforementioned Medicare rate cut and by the provision of a $0.5 million revenue allowance for episodes started after April 1, 2011 that were directly impacted by the new face to face and therapy reassessment regulations, both of which were partially offset by volume growth.
Almost Family, Inc., founded in 1976, is a leading regional provider of home health nursing services, with branch locations in Florida, Kentucky, New Jersey, Connecticut, Ohio, Massachusetts, Missouri, Alabama, Illinois, Pennsylvania, and Indiana (in order of revenue significance).
(Read more at: http://drstockpick.com/?p=21550)
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August 13th, 2011 at 01:32 pm
Nature's Sunshine Products Inc. (Nasdaq:NATR) a leading natural health and wellness company, reported consolidated financial results for the second quarter ended June 30, 2011.Net sales were $91.8 million, compared with $87.1 million in the same quarter a year ago, an increase of 5.4 percent.Operating income from continuing operations was $8.1 million, compared with $3.3 million in the same quarter a year ago, an increase of 146.0 percent.
Nature's Sunshine Products, a leading natural health and wellness company, markets and distributes nutritional, herbal, weight management, energy, and other complementary products through a global direct sales force of over 600,000 independent distributors in more than 40 countries.
(Read more at: http://drstockpick.com/?p=21549)
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August 13th, 2011 at 01:27 pm
Cleantech Transit, Inc. (CLNO)
Cleantech Transit Inc. was founded to capitalize on technology advances and manufacturing opportunities in the growing clean energy public transportation sector. The Company has expanded its focus to invest directly in specific green projects. Recognizing the many economic and operational advances of converting wood waste into renewable sources of energy, Cleantech has selected to invest in Phoenix Energy (www.phoenixenergy.net). This project could benefit the Company's manufacturing clients worldwide.
(Read more at: http://drstockpick.com/?p=21548)
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August 13th, 2011 at 01:21 pm
MedQuist Holdings Inc. (Nasdaq:MEDH) a leading provider of integrated clinical documentation solutions for the U.S. healthcare system, announced details for the release of its second quarter ended June 30, 2011. MedQuist Holdings plans to issue its earnings release for the second quarter before the market opens on Tuesday, August 16, 2011, and will host a conference call on the same day at 9 a.m. ET to discuss its second quarter results.
MedQuist is a leading provider of medical transcription services, and a leader in technology-enabled clinical documentation workflow.
(Read more at: http://drstockpick.com/?p=21547)
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August 13th, 2011 at 01:12 pm
Gentex Corp. (Nasdaq:GNTX) the Zeeland, Michigan-based manufacturer of automatic-dimming rearview mirrors and camera-based driver-assist systems for the automotive industry, commercial fire protection products and dimmable aircraft windows, has announced the appointment of Ken Horner to Vice President of Quality. Horner brings 13 years of experience in electronics, program management, and quality to his new position.
Gentex Corporation designs, develops, manufactures, and markets electro-optical products to automotive, commercial building, and aircraft industries in the United States and internationally.
(Read more at: http://drstockpick.com/?p=21546)
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August 10th, 2011 at 05:09 pm
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http://pennyomega.com/img/mg.jpg
Mistras is a leading “one source” global provider of technology-enabled asset protection solutions used to evaluate the structural integrity of critical energy, industrial and public infrastructure.
We uniquely combine industry-leading products and technologies - 24/7 on-line monitoring of critical assets; mechanical integrity (MI) and non-destructive testing (NDT) services; and proprietary world class data warehousing and analysis software- to provide comprehensive and competitive products, systems and services solutions from a single source provider. These mission critical solutions are delivered globally and enhance our customers' ability to extend the useful life of their assets, improve productivity and profitability, minimize repair costs, comply with governmental safety and environmental regulations, enhance risk management operational decisions, and avoid catastrophic disasters. Given the role our services play in ensuring the safe and efficient operation of infrastructure, we have historically provided a majority of our services to our customers on a regular, recurring basis.
Mistras Group, Inc. Delivers Strong Revenue and Earnings Growth as FY 2011 Revenue Increases 24%, Adjusted EBITDA Up 33%
Fourth Quarter Revenue and Adjusted EBITDA* Increases 28%; Provides Guidance of Continuing Double Digit Growth for FY 2012
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Mistras Group, Inc. (NYSE:MG ), a leading "one source" global provider of technology-enabled asset protection solutions, reported record financial results for the fourth quarter and fiscal year ended May 31, 2011. Revenue for the fourth quarter of fiscal 2011 was $102.1 million, an increase of 28%, over the $79.8 million reported in the fourth quarter of fiscal 2010.
Adjusted EBITDA increased 28% to $17.5 million in the fourth quarter of fiscal 2011 versus $13.7 million in the fourth quarter of fiscal 2010. Net income for the fourth quarter of fiscal 2011 grew by 27% to $6.7 million, or $0.25 per diluted share, versus $5.3 million, or $0.20 per diluted share, in the fourth quarter of fiscal 2010. For the year, net income was $16.4 million, or $0.61 per diluted share, versus $10.4 million, or $0.43 per diluted share, in fiscal 2010.
Fiscal 2011 net income includes a fourth quarter pre-tax provision of $0.7 million for slow-moving inventory. Earnings per share would have been $0.26 and $0.63 per diluted share for the 2011 fourth quarter and fiscal year, respectively, without this inventory charge.
Consistent with prior quarters, organic growth was a significant driver behind the overall revenue increase, contributing growth rates of 14% and 16% for the 2011 fourth quarter and fiscal year, respectively. During the fourth quarter, the Company achieved broad based revenue growth across all of its business segments and surpassed $100 million in quarterly revenue for the first time.
Chairman and Chief Executive Officer, Dr. Sotirios J. Vahaviolos stated that, "Once again, we are very pleased by the consistent financial results produced by the Mistras model. In both the fourth quarter and fiscal year, the Company generated record revenues, gross profit, operating income, net income, earnings per share and adjusted EBITDA. Our unique approach which provides 'One Source Asset Protection Solutions' to our customers, has once again produced significant amounts of organic and acquisition revenue growth. The growth fundamentals of our business are strong and we believe this growth is a testament as to how our technology based solutions are being received and implemented by our customers."
More about MG at www.mistrasgroup.com.
(Read more at: http://drstockpick.com/?p=21486)
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August 10th, 2011 at 05:01 pm
Foster Wheeler AG (Nasdaq:FWLT) announced that its shareholders have elected Roberto Quarta, 62, and John M. Malcolm, 60, to the company's board of directors. Mr. Quarta was elected to serve a term expiring at the company's annual general meeting to be held in 2012. Dr. Malcolm was elected to serve a term expiring at the company's annual general meeting to be held in 2013.
Foster Wheeler AG provides construction and engineering services to oil and gas, oil refining, chemical/petrochemical, pharmaceutical, environmental, power generation, and power plant operation and maintenance industries worldwide.
(Read more at: http://drstockpick.com/?p=21480)
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August 10th, 2011 at 04:55 pm
National Health Partners, Inc. (NHPR)
National Health Partners, Inc. (NHPR), a leading provider of unique discount healthcare membership programs, announced that it has entered into agreement with a major Hispanic marketing group for the sale of its CARExpress programs. The company also sees growth in new sales of memberships of more than 300% thru the remainder of the year.
(Read more at: http://drstockpick.com/?p=21478)
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August 10th, 2011 at 04:50 pm
Tekelec (Nasdaq:TKLC) announced earnings for second quarter 2011. 2011 Second Quarter Results from Operations: Revenue for the second quarter 2011 was $96.8 million, down 12% compared to $109.5 million for the second quarter 2010. Orders were $65.3 million for the quarter, down 9% from the same period in 2010, primarily due to a 25% year-over-year decline in orders for the Company's Eagle 5 solution. This decline was partially offset by an over 90% increase from the second quarter 2010 for the Company's data and video centric next-generation session, policy and subscriber data management solutions. As of June 30, 2011, backlog was $271.8 million compared to $338.8 million as of December 31, 2010.
Tekelec engages in the design, development, manufacture, marketing, sale, and support of telecommunications products and services.
(Read more at: http://drstockpick.com/?p=21477)
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August 10th, 2011 at 04:44 pm
Crown Equity Holdings, Inc. announced that it has extended its CRWENEWSWIRE global platform web presence and is now publishing online news and information to the following countries: Argentina, Australia, Brazil, China, France, Germany, India, Ireland, Italy, Japan, Malaysia, Mexico, New Zealand, Russia, Singapore, South Africa, South Korea, Spain, Taiwan, United Arab Emirates and the United Kingdom, using their specific country code domain and native language.
(Read more at: http://drstockpick.com/?p=21476)
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August 10th, 2011 at 01:40 pm
Cleantech Transit Inc. was founded to capitalize on technology advances and manufacturing opportunities in the growing clean energy public transportation sector. The Company has expanded its focus to invest directly in specific green projects. Recognizing the many economic and operational advances of converting wood waste into renewable sources of energy, Cleantech has selected to invest in Phoenix Energy (www.phoenixenergy.net). This project could benefit the Company's manufacturing clients worldwide.
(Read more at: http://drstockpick.com/?p=21474)
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August 10th, 2011 at 01:31 pm
National Health Partners, Inc. (NHPR)
A Health Savings Account is an alternative to comprehensive health insurance; it is a savings vehicle that allows people a different way to pay for their health care. HSAs enable you to pay for current health expenses and save for future medical and retiree health expenses on a tax-free basis.
You own and you control the money in your HSA. You decide how to spend the money without a health insurance company telling you what to do. You also decide what types of investments to make with the money in the account in order to make it grow.
(Read more at: http://drstockpick.com/?p=21473)
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August 10th, 2011 at 01:15 pm
PetMed Express, Inc. (Nasdaq:PETS) announced that its Board of Directors declared a quarterly dividend of $0.125 per share on its common stock. The dividend will be payable on August 26, 2011, to shareholders of record at the close of business on August 12, 2011. The Company intends to continue to pay regular quarterly dividends; however the declaration and payment of future dividends is discretionary and will be subject to a determination by the Board of Directors each quarter following its review of the Company's financial performance.
PetMed Express, Inc., doing business as 1-800-PetMeds, markets non-prescription and prescription pet medications; and other health products for dogs, cats, and horses.
(Read more at: http://drstockpick.com/?p=21472)
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August 9th, 2011 at 01:49 pm
National Health Partners, Inc. (NHPR)
National Health Partners, Inc. is a national healthcare savings organization that provides discount healthcare membership programs to uninsured and underinsured people through a national healthcare savings network called "CARExpress."CARExpress is one of the largest networks of hospitals, doctors, dentists, pharmacists and other healthcare providers in the country and is comprised of over 1,000,000 medical professionals that belong to such PPOs as CareMark and Aetna. The company's primary target customer group is the 47 million Americans who have no health insurance of any kind. The company's secondary target customer group includes the millions of Americans who lack complete health insurance coverage.
(Read more at: http://drstockpick.com/?p=21462)
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August 9th, 2011 at 01:43 pm
PolyOne Corporation (NYSE:POL) reported revenues of $768.8 million for the second quarter of 2011, an 11% increase compared to revenues of $692.9 million in the second quarter of 2010. Diluted earnings per share totaled $0.30 in the second quarter of 2011, compared to $0.50 per diluted share in the second quarter of 2010. For the second quarter of 2011, adjusted earnings per share increased 41% to $0.31 from $0.22 recorded in the second quarter of 2010.
PolyOne Corporation provides specialized polymer materials, services, and solutions with operations in thermoplastic compounds, specialty polymer formulations, color and additive systems, thermoplastic resin distribution, and specialty polyvinyl chloride resins.
(Read more at: http://drstockpick.com/?p=21461)
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August 9th, 2011 at 01:35 pm
Nalco Holding Co. (NYSE:NLC) reported results for the second quarter ending June 30, 2011. Second-Quarter Highlights: Record sales of $1.2 billion were up 8 percent over last year. Excluding approximately $70 million in sales from the Gulf of Mexico emergency response in the year ago period, sales grew 16 percent. A notable increase of 3 percent in price is reflected in the strong performance as well as 8 percent volume growth and a favorable currency impact of 5 percent.Achieved Adjusted EBITDA of $175 million versus $199 million in the prior year.
Nalco Holding Company engages in the manufacture and sale of specialized service chemical programs worldwide.
Read more at: drstockpick.com/?p=21460)
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August 9th, 2011 at 01:30 pm
Teck Resources Limited (NYSE:TCK) reported second quarter profit attributable to shareholders of $756 million, or $1.28 per share. Adjusted quarterly profit was $663 million, or $1.12 per share compared with $347 million, or $0.59 per share, in the second quarter of 2010. Don Lindsay, President and CEO, said, "Our adjusted earnings of $1.12 per share were nearly 90% higher than earnings in the second quarter of 2010 with the increase due mainly to higher prices for coal and copper. We are also pleased with the results of our US$2 billion notes offering, which closed in early July and strengthened our balance sheet. We now have $3.4 billion of cash and short-term investments at the date of this report. Our efforts for the balance of the year will continue to focus on ramping up production at our coal mines and advancing our copper, coal and oil sands development projects."
Teck Resources Limited operates as a diversified mining, mineral processing, and metallurgical company.
(Read more at: http://drstockpick.com/?p=21459)
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August 9th, 2011 at 01:24 pm
National Health Partners, Inc. (NHPR)
National Health Partners, Inc. (NHPR), a leading provider of unique discount healthcare membership programs, announced that it has entered into agreement with a major Hispanic marketing group for the sale of its CARExpress programs. The company also sees growth in new sales of memberships of more than 300% thru the remainder of the year.
(Read more at: http://drstockpick.com/?p=21458)
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