GMX Resources Inc. (GMXR) recently agreed to sell a 40% interest in its gas gathering and compression business to Kinder Morgan Energy Partners L.P. (KMP) for $36 million. The closing of the transaction is subject to customary closing conditions and is expected to conclude in early November. This transaction will fund GMX’s addition of a second rig to the Haynesville/Bossier Shale horizontal drilling program. The salt water disposal assets and other poly pipelines will not be part of the transaction and will continue to be wholly owned by Endeavor Pipeline Inc., a wholly owned subsidiary of GMX Resources. The gas gathering and compression business provides gathering services to the company in its Cotton Valley Sands and Haynesville/Bossier Shale horizontal developments in East Texas. It will provide funding for future infrastructure needs to support GMX's anticipated production growth. Separately, GMX said its second FlexRig 3 ...

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Tuesday October 6, 2009

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Columbia Banking System, Inc. (Nasdaq: COLB) expects to report third quarter 2009 financial results on Thursday, October 29, 2009 at 6:15 a.m. PDT. Management will discuss these results on a conference call scheduled for that afternoon at 1:00 p.m. PDT (4:00 p.m. EDT). Interested parties may listen to this discussion by calling 1-888-318-7969; Conference ID code #34709998.

Ballantyne Strong, Inc. (NYSE Amex: BTN), a provider of digital cinema projection equipment and services, cinema screens and other cinema products

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Maxwell Technologies Inc.'s (MXWL) steadily rising revenue and improving cost structure is in-line with our expectation of break-even in the final quarter of fiscal 2009. Maxwell Technologies develops, manufactures and markets energy storage and power delivery products for transportation, industrial telecommunications and other applications and microelectronic products for space and satellite applications.  However, its future performance will improve mainly through strong ultracapacitor sales growth. The company generates a significant portion of its revenue from ultracapacitors (43% in the first half of fiscal 2009). In the recently concluded second quarter of fiscal 2009, ultracapacitor sales grew 58% year over year, compared to 34% growth overall. Maxwell's cost structure will also improve due to its gradual shift of production to China .  We are bullish on Maxwell’s ultracapacitor-driven growth story, as demand is expected to rise since key end-markets appear likely to benefit from the government stimulus programs ...

Maxwell Technologies Inc.'s (MXWL) steadily rising revenue and improving cost structure is in-line with our expectation of break-even in the final quarter of fiscal 2009. Maxwell Technologies develops, manufactures and markets energy storage and power delivery products for transportation, industrial telecommunications and other applications and microelectronic products for space and satellite applications. However, its future performance will improve mainly through strong ultracapacitor sales growth. The company generates a significant portion of its revenue from ultracapacitors (43% in the first half of fiscal 2009). In the recently concluded second quarter of fiscal 2009, ultracapacitor sales grew 58% year over year, compared to 34% growth overall. Maxwell's cost structure will also improve due to its gradual shift of production to China. We are bullish on Maxwell’s ultracapacitor-driven growth story, as demand is expected to rise since key end-markets appear likely to benefit from the government stimulus programs as ...

San Diego, California-based Maxwell Technologies, Inc. (MXWL) added another feather to its distribution network.  On Monday, July 13, it signed a global distribution agreement with Texas-based privately held electronic component distributor, Mouser Electronics, Inc.  Mouser will distribute Maxwell's ultracapacitors ranging from 2.5V to 125V.

The deal is mutually beneficial for both the companies.  By adding Mouser's global distribution network, Maxwell would greatly augment sales of its BOOSTCAP ultracapacitor products.  Mouser's global network through print and online catalogs caters to more than 270,000 customers spread over 170 countries.

On the other hand, by adding Maxwell's ultracapacitors to its kitty, Mouser will be able to increase the head count of renewable energy application users in its customer base. Maxwell's BOOSTCAP technology enabled ultracapacitors are ideal for renewable energy application, which necessitates superior energy storage devices.

Maxwell's ultracapacitors are energy efficient, with a long operating life and requires little maintenance. The Maxwell BOOSTCAP ultracapacitors cater

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Through the 90’s, Cisco Systems [CSCO: 18.91, -0.12 (-0.63%)] was known as one of the “4 Horsemen of IT” and was even the largest company by market cap ($500 B) at the peak of the tech bubble in early 2000.   The web is the driver of all information worldwide over the past two decades, thus all recent tech trends revolve around the internet: mobilization, cloud computing, virtualization, social networking and much more.  Consequently enough, Cisco is the dominant provider of the networking gear that runs the internet.  More specifially, Cisco’s bread and butter has been the ethernet switches and overall routers markets with approximately 70% and 50% of the market share, respectively.  To sustain revenue growth, companies like CSCO must adapt to tech trends and enter new markets outside of its core business.

Breaking Ties

On March 16th, CSCO unveiled its two-year secret project: the

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Opportunity in several verticalsNational Semiconductor's (NSM) management strategy appears to be focused on energy, specifically, in energy generation, consumption and storage. Energy savings in each of these areas will be an important driver of growth over the next decade, in not just developing but developed countries as well.To date, the company has been focused on its core strength in power management products. It is now extending these capabilities in power management to alternative energy areas, such as powering for solar panels and LED lighting products.Energy generation:In June 2008, management announced a solar product, which it refers to as the SolarMagic power optimizer module. The product incorporates National's new PowerWise power management technology, and works on both thin film and crystal line glass panels. It significantly increases the efficiency of solar panels, recouping up to 50% of the power lost in ...

Helix Wind, Corp. announced today that it has entered a joint development agreement with CheckPoint Process Pumps & Systems to provide renewable energy solutions for the global oil and gas production industry. According to the terms of the agreement, these solutions will be distributed, installed and maintained by CheckPoint, and address the large and growing demand within the oil and gas industry for sustainable, clean energy at remote wellhead locations. The parties anticipate the deployment of a unique, cost-effective solution within the current calendar year.

Helix Wind CEO Ian Gardner stated, “This strategic development agreement with CheckPoint illustrates Helix’s commitment to addressing solution-based small wind needs around the world. We are excited to provide a new, economically attractive way for petroleum producers to reduce their carbon footprint, and are pleased to play a major role in the development of a much needed renewable energy platform for the oil and gas

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Maxwell Technologies' Results Continue to ImproveMaxwell Technologies (MXWL) reported its financial results for the 1st quarter of 2009. The net loss for the reported quarter was $3.0 million, or $0.13 per share, compared to a net loss of $5.6 million, or $0.28 per share, in the comparable 1st quarter of 2008.Although the company has yet to achieve profitability, it is focused on improving its cost structure by shifting some of its ultracapacitor production to China.The operating loss for the 1st quarter 2009 was $1.8 million, compared to $3.4 million in the year-ago quarter. Maxwell generated total revenue of $22.5 million during its 1st quarter ended March 31, 2009, up 31% over the $17.1 million recorded in the year-ago period.In the reported quarter, the company's BOOSTCAP ultracapacitor revenue increased by 43% to $7.7 million, compared to $5.4 million in the year-ago ...

In today’s news, Beacon Power Corp. announced that it has signed an information sharing and performance evaluation agreement with National Grid (NYSE: NGG), an energy utility company with a market cap of more than $22 billion. National Grid will evaluate Beacon’s flywheel energy storage systems for fast-response frequency regulation, as well as wind-related ramp mitigation – a potentially large-scale grid stability application.

Beacon will work with National Grid to predict future increases in the demand for regulation capacity resulting from greater deployment of wind power. The companies will also work together to develop an optimal control algorithm for Beacon’s fast-response energy storage technology that would maximize regulation benefits on the grid.

“National Grid is committed to assessing new energy technologies and their capacity to help create a more efficient, environmentally responsible and cost-effective modern grid,” commented Stan Blazewicz, Vice President, Global Head of Technology for National Grid. “The positive attributes of

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