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September 12th, 2011 at 09:38 am
Huntington Ingalls Industries, Inc. (NYSE:HII)
HII recently announced that its Ingalls Shipbuilding division has received a $482.8 million fixed-price-incentive-firm contract from the U.S. Coast Guard for the construction of a fifth National Security Cutter. Construction and delivery of the yet-to-be-named WMSL 754 will be performed at the company’s Pascagoula facility.
Read more at: http://pennytobuck.com/?p=16942
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September 12th, 2011 at 09:31 am
Cleantech Transit Inc. (CLNO)
Cleantech Transit Inc. originally only aim was to develop opportunities utilizing advances in technology and manufacturing processes in order to develop significant market share in the growing clean energy public transportation sector.
Read more at: http://pennytobuck.com/?p=16956
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September 12th, 2011 at 09:25 am
Raptor Pharmaceutical Corp. (Nasdaq:RPTP) announced the pricing of its previously announced underwritten public offering of 10,000,000 shares of its common stock at a price to the public of $4.00 per share. The net proceeds to the Company from this offering are expected to be approximately $37,250,000, after deduction of underwriting discounts and other estimated offering expenses payable by the Company. In addition, the Company has granted the underwriters a 30-day option to purchase up to an additional 1,500,000 shares of common stock to cover over-allotments, if any. The offering is expected to close on or about September 13, 2011, subject to the satisfaction of customary closing conditions.
Read more at: http://pennytobuck.com/?p=16954
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September 12th, 2011 at 09:19 am
Enzo Biochem, Inc. Common Stock (NYSE: ENZ)
Enzo Biochem, Inc., is a growth-oriented integrated life sciences and biotechnology company focused on harnessing biological process to develop research tools, diagnostics and therapeutics, and serves as a provider of test services, including exotic tests, to the medical community. Since ENZ founding in 1976, their strategic focus has been on the development of enabling technologies in the life sciences field.
Read more at: http://pennytobuck.com/?p=16953
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September 12th, 2011 at 09:14 am
Skystar Bio-Pharmaceutical Company (NASDAQ:SKBI) announced that the Company will present at the Rodman & Renshaw Annual Global Investment Conference at The Waldorf-Astoria in New York City on Tuesday, September 13, 2011 at 10:00 am Eastern time. The conference will include a series of one-on-one meetings with institutional investors. Investors interested in scheduling a meeting with the management team can facilitate a request by contacting the Company at skystar@grayling.com.
Skystar Bio-Pharmaceutical Company, through its subsidiaries, engages in the research, development, manufacture, and distribution of veterinary health care and medical care products in the People’s Republic of China.
Read more at: http://pennytobuck.com/?p=16952
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September 12th, 2011 at 09:04 am
Spherix Incorporated (NASDAQ:SPEX) announced that its drug candidate, SPX-106, achieved statistically significant reductions in VLDL and LDL cholesterol when administered in combination with Dtagatose (SPX-106T) for nine weeks to genetically engineered mice prone to dyslipidemia. The aortas of these mice also showed reductions in the extent of atherosclerotic lesions as measured by lesion area in response to treatment. These lipoprotein analysis and lesion measurement results represent the final data from the study whose earlier triglycerides outcome was first announced on June 2, 2011.
Spherix Incorporated, together with its subsidiaries, engages in the development of pharmaceutical products. It is developing D-tagatose that completed Phase 3 clinical trials for the treatment of type 2 diabetes.
Read more at: http://pennytobuck.com/?p=16949
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September 10th, 2011 at 03:31 pm
Champion Industries, Inc. (NASDAQ:CHMP) publishes The Herald-Dispatch daily newspaper in Huntington, WV with a total daily and Sunday circulation of approximately 23,000 and 29,000, respectively. Champion Industries is also a commercial printer, business forms manufacturer and office products and office furniture supplier in regional markets east of the Mississippi.
Champion yesterday announced its first comparable quarterly increase in revenues since the start of the worldwide economic meltdown in 2008. Champion Industries reported earnings for the third quarter of 2011 of $876,000, or $0.09 per share, compared to a loss of $(571,000), or $(0.06) per share, for the same period in 2010. Net income for the nine months ended July 31, 2011 was $1.4 million, or $0.14 per share, on a basic and diluted basis. This compares to a loss of $(450,000), or $(0.05) per share, on a basic and diluted basis in the nine months ended 2010.
Revenues for the three months ended July 31, 2011 were $32.0 million, compared to $31.9 million in the same period in 2010. This change represented an increase in revenues of $0.1 million, or 0.4%. Revenues for the nine months ended July 31, 2011 decreased to $95.0 million from $98.0 million in 2010. This change represented a decrease in revenues of $3.0 million or 3.1%. The printing segment experienced a sales decrease of $2.3 million, or 3.8%, while the office products and office furniture segment experienced a decrease of $0.1 million, or 0.3%, and the newspaper segment recorded a decrease of $0.6 million, or 5.1%, on a year to date basis. On a segment basis printing sales were down $86,000, or 0.4%, office products and office furniture sales were up $249,000, or 2.9%, and the newspaper sales were down $25,000, or 0.7%, for the third quarter of 2011.
For more information about Champion Industries, please visit: www.champion-industries.com
Read more at: http://pennytobuck.com/?p=16941
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September 10th, 2011 at 09:30 am
Tyler Technologies, Inc. (NYSE:TYL) announced that its board of directors has increased the company's common stock repurchase authorization by 2 million shares. The shares may be repurchased periodically in the open market or through negotiated transactions. The amount and timing of purchases the program will be subject to, among other things, the price and availability of Tyler's shares and general market conditions. The repurchased shares may be reserved for later reissue in connection with employee benefit plans and other general corporate purposes.
Read more at: http://pennytobuck.com/?p=16936
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September 10th, 2011 at 09:25 am
FleetCor Technologies, Inc. (NYSE:FLT) announced that Eric Dey, chief financial officer, will present at the Goldman Sachs Financial Technology Conference on Tuesday, September 13, 2011 in New York, NY. The presentation will begin at 1:55pm ET. Investors and interested parties can access this presentation by visiting the Company's investor relations website at http://investor.fleetcor.com/.
FleetCor Technologies, Inc. provides specialized payment products and services to businesses, commercial fleets, oil companies, lodging clients, petroleum marketers, and government entities in North America, Europe, Africa, and Asia.
Read more at: http://pennytobuck.com/?p=16935
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September 10th, 2011 at 09:21 am
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://pennytobuck.com/?p=16934
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September 10th, 2011 at 09:14 am
Vista Gold Corp. (Amex:VGZ) announced the results of a new mineral resource estimate for the Batman deposit at the Company's Mt. Todd gold project in Northern Territory, Australia. The new mineral resource estimate includes all previous drilling information plus the results from the 2010-2011 drilling program, which were previously announced by the Company on June 27, 2011. The total mineral resource estimate for the Batman deposit is now 5.98 million ounces of measured and indicated mineral resources and 2.61 million ounces of inferred mineral resources.
Vista Gold Corp. engages in the evaluation, acquisition, exploration, and advancement of gold exploration and development projects in Australia, North America, and Indonesia.
Read more at: http://pennytobuck.com/?p=16933
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September 10th, 2011 at 09:03 am
OPKO Health, Inc. (Amex:OPK) announced that it has been awarded a $200,000 research grant from the University of Pennsylvania Center for Orphan Disease Research and Therapy to develop a therapeutic agent to treat Mucopolysaccharidoses Type I (MPS I). The disease, called Hurler disease, Sheie syndrome, or Hurler-Sheie Syndrome, depending on severity, affects many body systems and can lead to organ damage. It occurs in one in 100,000 births, and is caused by a defect in the gene coding for the lysosomal enzyme, ?-L-iduronidase (IDUA). As a result of this genetic mutation, cells of affected individuals are either unable to produce IDUA or produce it in low amounts. This results in an inability of lysosomes to effect the stepwise degradation of certain glycosaminoglycans (GAGs), namely dermatan sulfate and heparan sulfate, a process essential for normal growth and maintenance of tissues.
Read more ta: http://pennytobuck.com/?p=16932
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September 9th, 2011 at 09:29 am
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://pennytobuck.com/?p=16916
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September 9th, 2011 at 09:23 am
The Navigators Group, Inc. (NASDAQ:NAVG) announced that Stan Galanski, President and Chief Executive Officer, and Frank McDonnell, Senior Vice President and Chief Financial Officer, will present at an updated time at the Keefe, Bruyette & Woods Insurance Conference being held at The Crowne Plaza Times Square in New York City on Thursday, September 8th at 1:20 p.m. (E.T.), not at 2:50 p.m. (ET) as earlier planned.
Read more at: http://pennytobuck.com/?p=16915
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September 9th, 2011 at 09:18 am
America's Car-Mart, Inc. (Nasdaq:CRMT) announced that it will participate in the ThinkEquity Annual Growth Conference on Wednesday, September 14, 2011, at the Le Parker Meridien in New York City. Our presentation begins at 9:00 am. William H. ("Hank") Henderson, CEO and Jeff Williams, CFO will be presenting for the company. A webcast of the presentation will be available on the Company's website at www.car-mart.com.
Read more at: http://pennytobuck.com/?p=16914
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September 9th, 2011 at 09:12 am
Crown Equity Holdings Inc. (CRWE)
Crown Equity Holdings Inc., together with its digital network, currently provides electronic media services specializing in online publishing, which brings together targeted audiences and advertisers.
Crown Equity Holdings Inc. offers internet media-driven advertising services, which covers and connects a range of marketing specialties, as well as search engine optimization for clients interested in online media awareness.
Read more at: http://pennytobuck.com/?p=16913
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September 9th, 2011 at 09:03 am
Cleantech Transit Inc. (CLNO)
Cleantech Transit Inc. originally only aim was to develop opportunities utilizing advances in technology and manufacturing processes in order to develop significant market share in the growing clean energy public transportation sector.
Read more at: http://pennytobuck.com/?p=16912
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September 8th, 2011 at 02:28 pm
SUPERVALU INC. (NYSE:SVU) serves customers across the United States through a network of approximately 4,290 stores composed of 1,107 traditional retail stores, including 801 in-store pharmacies; 1,283 hard-discount stores, of which 907 are operated by licensee owners; and 1,900 independent stores serviced primarily by SUPERVALU's traditional food distribution business. SUPERVALU is one of the largest companies in the U.S. grocery channel with annual sales of approximately $37 billion.
SUPERVALU INC. yesterday announced the sale of 107 fuel centers located in the Midwest, Intermountain West and West Coast regions following the acceptance of four separate bids to purchase the centers. The transactions include the majority of fuel centers within the Albertsons, Cub Foods, Hornbacher’s and Jewel-Osco banners. The transactions, expected to be finalized this fall, will allow SUPERVALU to monetize non-core assets, creating capital that the company can use to further strengthen its business. The transactions also include partnership opportunities that will result in SUPERVALU continuing to have the ability to offer fuel rewards programs to its customers through these existing fuel centers, and in most markets, through an expanded network of fuel centers.
For more information about SuperValu, please visit www.supervalu.com
Read more at: http://pennytobuck.com/?p=16907
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September 8th, 2011 at 09:31 am
TMS International Corp. (NYSE:TMS) announced that Joe Curtin, Chairman, President and Chief Executive Officer; Raymond Kalouche, Chief Operating Officer, and President and COO of the company's Mill Services Group; and Dan Rosati, Executive Vice President and Chief Financial Officer will present at the KeyBanc Capital Markets Basic Materials & Packaging Conference in Boston on Tuesday, September 13, 2011.
TMS International Corp., through its subsidiaries, provides outsourced industrial services to steel mills worldwide.
Read more at: http://pennytobuck.com/?p=16901
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September 8th, 2011 at 09:26 am
Brookdale Senior Living Inc. (NYSE:BKD) announced that it has completed its previously announced acquisition of Horizon Bay Realty, L.L.C. ("Horizon Bay"), the ninth largest operator of senior living communities in the United States with 91 communities containing over 16,400 units in 19 states. In conjunction with the acquisition, the Company entered into an agreement to restructure the management agreements with Chartwell Seniors Housing Real Estate Investment Trust (TSX - CSH.UN) ("Chartwell") relating to 45 communities (with a total of 6,420 units) managed by Horizon Bay. As part of the restructuring of the management agreements, Chartwell granted Brookdale an option through 2013 to acquire a 20% interest in Chartwell's U.S. real estate assets managed by Brookdale. Brookdale will also have a right of first offer to acquire any of Chartwell's assets managed by Brookdale.
Read more at: http://pennytobuck.com/?p=16900
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September 8th, 2011 at 09:20 am
Cleantech Transit Inc. (CLNO)
Cleantech Transit Inc. originally only aim was to develop opportunities utilizing advances in technology and manufacturing processes in order to develop significant market share in the growing clean energy public transportation sector.
Biomass is the term used for the biological material from living or recently living organisms such as wood, waste materials, gases and alcohol fuels. Biomass is commonly plant matter that is specifically grown in order to produce electricity or to produce heat.The composition of biomass is carbon, hydrogen and oxygen. Nitrogen and small quantities of other atoms, including alkali, alkaline earth and heavy metals can also be found. Biomass is the building block or 'feedstock' for many other fuels.
Read more at: http://pennytobuck.com/?p=16899
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September 8th, 2011 at 09:10 am
Kindred Healthcare, Inc. (NYSE:KND) announced that D. Hank Robinson, Senior Vice President, Tax and Treasurer, will make a presentation regarding the Company at the Morgan Stanley Global Healthcare Conference in New York City on Wednesday, September 14, 2011, at 11:30 a.m. Eastern Time. Any written materials accompanying the presentation also will be available on Kindred's website at the time of the presentation. The webcast and any written materials accompanying the presentation will be archived at http://investors.kindredhealthcare.com.
Kindred Healthcare, Inc. operates as a healthcare services company in the United States. It operates in three divisions: Hospital, Health Services, and Rehabilitation.
Read more at: http://pennytobuck.com/?p=16898
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September 8th, 2011 at 09:03 am
Office Depot (NYSE:ODP) announced that Tony Stewart, driver of the No. 14 Office Depot/Mobil 1 Chevrolet Impala in the NASCAR Sprint Cup Series™, will headline a special store grand opening and "Back-To-School Celebration" event at the new Office Depot store on 1230 Huguenot Rd. in Midlothian, Va. The event will take place at 3:30 p.m. EDT on Thursday, September 8.
Read more at:http://pennytobuck.com/?p=16897
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September 7th, 2011 at 02:29 pm
Francesca's Holdings Corporation (NASDAQ:FRAN) was founded in 1999 and is headquartered in Houston, Texas. Francesca's Holdings operates a chain of retail boutiques in the United States. The retail boutiques of Francesca's Holdings offer apparel, jewelry, accessories, and gifts to female customers. As of April 2, 2011, Francesca's Holdings operated 236 boutiques in 38 states. Francesca's Holdings also sells its products through e-commerce Website, francescascollections.com.
Francesca's Holdings Corporation yesterday announced financial results for the fiscal second quarter and year-to-date period ended July 30, 2011. For the fiscal second quarter ended July 30, 2011. Net sales increased 47.2% to $51.2 million from $34.8 million in the same prior year period. Comparable boutique sales increased by 5.4% following an increase of 11.2% in the same prior year period. Gross margin was 52.7% compared to 54.0% in the prior year second quarter. Product margin was maintained at the same level as the prior year period. Boutique occupancy costs increased principally as our growing number of mall locations resulted in higher depreciation expense and common area maintenance costs. Income from Operations grew 29.8% and was 24.6% as a percentage of net sales compared to 27.9% in the same prior year period. The change from the prior year period reflected higher selling, general and administrative costs related to professional fees, IT related expenses, and boutique payroll costs.
Interest expense was $2.0 million or $0.03 per diluted share. Francesca’s Holdings had no interest expense and no outstanding debt during the same prior year period. Net income was $5.5 million, or $0.13 per diluted share based upon 41.5 million weighted average shares outstanding. Adjusted net income was $6.5 million, or $0.15 per diluted share excluding a $1.6 million pretax or $0.02 per diluted share charge for the early extinguishment of debt under Francesca’s Holdings' prior secured credit facility. This compares to net income of $5.9 million, or $0.14 per fully diluted share based on 40.7 million weighted average shares outstanding for the same period in fiscal year 2010. The Company opened 30 new boutiques during the second quarter. At July 30, 2011 the Company operated 279 locations compared to 197 at the end of the same prior year period.
For more information about Francesca’s Holdings, please visit www.francescascollections.com
Read more at: http://pennytobuck.com/?p=16889
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September 7th, 2011 at 10:24 am
Pulse Electronics, (NYSE:PULS) announced it will present at the CL King 9th Annual Best Ideas Conference in New York on Tuesday, September 13, 2011. The presentation is scheduled to begin at 10:45 a.m. Eastern Time. Chief Financial Officer Drew A. Moyer and Chief Operating Officer Alan Benjamin will review Pulse's strategic turnaround plan and its financial performance. A live webcast of the presentation will be available on the homepage of the company's web site www.pulseelectronics.com.
Read more at: http://pennytobuck.com/?p=16884
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September 7th, 2011 at 10:19 am
Majestic Gold Corp. (MJGCF.PK)
Majestic Gold Corp. (MJGCF.PK) has arranged a $10,000,000 loan to advance its Song Jiagou project in China. Nine million dollars ($9,000,000) from the proceeds from the loan will be used by the Company to in connection with its Song Jiagou project and the balance of one million dollars ($1,000,000) for general working capital purposes.
Read more at :http://pennytobuck.com/?p=16883
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September 7th, 2011 at 10:14 am
GenVec, Inc. (NASDAQ:GNVC) announced that Paul H. Fischer, Ph.D., GenVec's President and CEO, will present a Company overview highlighting recent developments at the Stifel Nicolaus 2011 Healthcare Conference on Friday, September 9, 2011 at 8:35 a.m. EDT at the Four Seasons Hotel in Boston, MA. A webcast of Dr. Fischer's presentation will be available both live and on replay. The presentation will be available via webcast at http://www.veracast.com/webcasts/stifel/healthcare2011/45302499.cfm.
GenVec, Inc. operates as a biopharmaceutical company that uses differentiated, proprietary technologies to create therapeutics and vaccines.
Read more at :http://pennytobuck.com/?p=16882
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September 7th, 2011 at 10:10 am
Omnicell, Inc. (NASDAQ:OMCL) announced they will present at the Stifel Nicolaus 2011 Healthcare Conference at the Four Seasons Hotel, Boston, MA. Omnicell Speakers: Randall A. Lipps, founder, chairman, president & CEO and Rob Seim, vice president & CFO. Date: Wednesday, September 7, 2011, Time: 9:45 a.m. ET, Location: Four Seasons Hotel, Boston, MA Stuart Room. The audio-webcast of the live presentation may be accessed by visiting: http://www.veracast.com/webcasts/stifel/healthcare2011/13104388.cfm.
Omnicell, Inc. offers automated solutions for hospital medication dispensing and supply management primarily in the United States and Canada.
Read more at :http://pennytobuck.com/?p=16881
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September 7th, 2011 at 09:53 am
Monotype Imaging Holdings Inc. (Nasdaq:TYPE) has announced that Doug Shaw, Monotype Imaging's president and chief executive officer, and Scott Landers, the company's senior vice president and chief financial officer, will present at William Blair's 5th annual Emerging Growth Stock Conference in New York City. The Monotype Imaging presentation is scheduled for Thursday, Sept. 8, 2011, at 11:00 a.m. EDT. The presentation will be webcast live and will also be available for replay through the Investor Relations section of Monotype Imaging's website at www.monotypeimaging.com.
Read more at: http://pennytobuck.com/?p=16880
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September 7th, 2011 at 09:33 am
Crown Equity Holdings Inc. (CRWE)
Crown Equity Holdings Inc. (CRWE) is pleased to announce that it has entered into a joint venture to deploy VoIP (Voice over Internet Protocol) technology delivering voice, video and data services to residential and commercial customers. The joint venture company is Crown Tele Services Inc. which was a wholly-owned subsidiary of Crown Equity Holdings Inc. Crown Equity Holdings Inc. will own fifty percent (50%) interest in the joint venture.
Read more at: http://pennytobuck.com/?p=16879
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