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Friday October 16, 2009

DrStockPick.com Stock Report!

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MicroStrategy® Incorporated (Nasdaq: MSTR), a leading worldwide provider of business intelligence (BI) software, today announced its free reporting software package for departmental BI applications. MicroStrategy Reporting Suite enables companies to use MicroStrategy’s integrated BI platform to develop and deploy premium, Web-based reporting applications, at no cost.

Cancer Therapeutics, Inc. (OTCBB: CTHP), an emerging biotechnology business incubator with a specific emphasis on disruptive cancer treatments and nanotechnology, announced today it has signed a letter of intent to acquire

A-Power Energy Generation Systems Ltd., the largest provider of distributed power generation systems in China, announced today a $90.5 million contract to develop a 49.5 Megawatt wind farm in the township of Saiwusu, Guba County in Inner Mongolia. The project, the Saiwusu Wind Farm, is for the Jihe Orient Wind Energy Company Ltd., and calls for A-Power to supply the wind turbines, towers, and foundations, as well as oversee all construction, subcontracting, and installation.

Equipment procurement alone is expected to be $84.2 million, with construction and installation another $4.8 million, and miscellaneous costs adding $1.5 million. The project is due to begin in early October, with completion planned for June of 2010.

Inner Mongolia is actually a Chinese province in northern China, on China’s border with the Mongolian People’s Republic. It’s basically an inland plateau, consisting largely of vast flat prairie grasslands, conducive to wind power generation.

Mr. Jinxiang Lu,

A-Power Energy Generation Systems, Ltd. (NASD: APWR), the largest provider of distributed power generation systems in China, recently announced that the company has terminated its chief financial officer, Edward Meng. According to the company’s internal review, A-Power Energy Generation Systems has confirmed assertions made by NASDAQ relating to the omission of certain biographical information of Edward Meng.

A-Power Energy Generation Systems was prompted of allegations against Mr. Meng by a NASDAQ notification stating that Mr. Meng’s former employer contacted NASDAQ to report that he had breached that company’s Code of Conduct by being employed by that company on a full-time basis while at the same time being employed by A-Power Energy Generation Systems as its part-time chief financial officer. The other name of the other company was not released by NASDAQ.

After deliberations and consultations with NASDAQ, the Board of Directors of A-Power Energy Generation Systems determined that terminating Mr. Meng’s

A-Power Energy Generation Systems, Ltd. (NASD: APWR), the largest provider of distributed power generation systems in China, recently announced that the company has terminated its chief financial officer, Edward Meng. According to the company’s internal review, A-Power Energy Generation Systems has confirmed assertions made by NASDAQ relating to the omission of certain biographical information of Edward Meng.

A-Power Energy Generation Systems was prompted of allegations against Mr. Meng by a NASDAQ notification stating that Mr. Meng’s former employer contacted NASDAQ to report that he had breached that company’s Code of Conduct by being employed by that company on a full-time basis while at the same time being employed by A-Power Energy Generation Systems as its part-time chief financial officer. The other name of the other company was not released by NASDAQ.

After deliberations and consultations with NASDAQ, the Board of Directors of A-Power Energy Generation Systems determined that terminating Mr. Meng’s

A-Power Energy Generation Systems, Ltd. (APWR), a provider of distributed power generation systems and wind turbines in China, reported second quarter financial results this morning before the open. Revenues increased 21.5% to $65.7 million, compared to $54.1 million for the same period in 2007. Net income increased 3.9% to $6.2 million, compared to $6.0 million. Excluding stock-based compensation expense of $0.28 million, non-GAAP net income was approximately $6.5 million, or 20 cents per share. Gross margin declined to 12.1% from 14.5% as a result of costs incurred during construction of a wind turbine facility in Shenyang. Four analysts surveyed expected consensus earnings of 20 cents per share on revenues of $62.13 million.

“During the first six months of 2008, power supply shortages continued throughout China and Southeast Asia and widespread blackouts and brownouts occurred even more frequently than in the previous periods,” said Jinxiang Lu, A-Power’s