Timber investment group China Forestry Inc. announced today that the company has signed a letter of intent to acquire the landscape engineering and construction firm Shaan’Xi Province Gaoxin Agriculture and Animal Husbandry Development Holding Co., Ltd. The company, located in Xi’An City, Shaan’Xi Province, generated over RMB 81 million in revenue in 2008.

China Forestry feels that acquiring Goaxin will bring a weighty advantage in pursuing its mission to capitalize on the Chinese Government’s decision to promote sustainable forest management through land tenure. Goaxin provides landscape design, engineering, construction and maintenance services to a target market of universities, parks, municipal spaces, golf course, sports venues, gardens and highways; additionally, the company maintains a seedling nursery of over three thousand acres.

Mr. Yuan Tian, CEO of CHFY, commented, “Management has invested considerable energy and effort to identify an operating business that complements our timber investments. CHFY can provide Gaoxin with access to capital

...

Canadian energy company Etrion Corporation (TSX: ETX) and U.S.-based solar manufacturer SunPower Corp. (NASDAQ:SPWRA) (NASDAQ:SPWRB) today announced an agreement to build four solar power plants in the Puglia region of southern Italy.

SunPower has more than 500 megawatts of solar power plants installed or under contract around the world, including Italian power plants in Milan and Faenza. In regards to today’s announced projects, SunPower is responsible for the design and construction of the plants, and will provide operations and maintenance services as needed.

Entrion’s CEO Marco Northland said SunPower’s market experience will enable the companies to meet their goals and finish the projects.

“Solar power generation will play an increasingly vital role in our efforts to build more renewable, clean energy sources. SunPower’s experienced approach to solar power plant design and construction will allow us to quickly and reliably complete these important projects,” Northland stated in the press release.

...

Lawson Software Inc. (LWSN) yesterday reported revenues of $169 million in the first quarter of fiscal 2010, down 11% year over year and down 9.1% sequentially, but in line with management’s guidance of revenues between $160 million and $165 million. Excluding the unfavorable movement in exchange rates, revenues were down 6%. Lawson provides enterprise resource planning (ERP) software solutions and professional services to mid-market enterprises in the health care, retail, public and professional service industries. Lawson derives its revenue from software license fees, customer support and maintenance fees and consulting fees. License fees grew 23% year over year, driven primarily by increases in healthcare, public sector and equipment service management & rental vertical markets. Maintenance services declined 4%. Consulting revenues declined 29%, driven by fewer billable consultants. The company reduced the size of its consulting staff as part of a strategy to move more implementation services ...

Public Service Enterprise Group Inc. (PEG) through its subsidiary PSEG Solar Source will develop three large-scale solar power projects with a cumulative total capacity of approximately 29.2MW. The three solar projects entailing an investment of approximately $100 million from Public Service will be located in Florida, Ohio and New Jersey. The three projects will utilize 380,000 solar thin-film panels sourced from First Solar Inc. (FSLR). The company expects the projects to be operational by the end of fiscal 2010. The projects will be developed in close collaboration with Juwi solar Inc. Based in Boulder, CO – Juwi solar is a privately-held solar energy generation company which will provide the engineering, procurement, construction and initial operation and maintenance services for the projects. However, ownership of the projects will lie with PSEG Solar Source. Public Service in recent times is focusing on the solar space in ...

SunPower Corp. (SPWRA) recently teamed up with SunRay Renewable Energy to construct a 24MW solar electric power plant in Montalto di Castro, Italy. This project is the first phase of a planned 100MW development that is expected to be fully operational in 2010.

This would be Italy’s largest operating solar power plant after completion. Spread over 80 hectares, the Montalto di Castro project is owned by SunRay Renewable Energy. The company has engaged SunPower to design and construct the power plant apart from providing ongoing operations and maintenance services for the project. The project is being financed by a consortium of primary international and Italian. Electricity produced at the plant will find a ready market locally and any surplus will be added to Italy’s national electric grid.

SunPower is focused on tapping the rapidly expanding Italian solar market. Its 2008 acquisition of Solar Solutions, a solar systems integration

...

Wright Express, Inc. (WXS) saw sales growth in the second quarter and raised full year guidance. The company has surprised on the Zacks Consensus Estimate the last 2 quarters. WXS is trading with a forward P/E of 14.8.

Company Description

Wright Express provides payment processing and information management services to the U.S. commercial and government vehicle fleet industry.

The company's charge cards are used by various commercial and government fleets to purchase fuel and maintenance services for about 4.7 million vehicles. Wright Express also provides MasterCard corporate cards.

Wright Express Beats by 42.50% in the Second Quarter

On July 29, Wright Express reported second quarter results of 57 cents per share that surprised on the Zacks Consensus Estimate by 17 cents.

Like we've seen with many companies in 2009, revenues fell year over year by 29% to $78.6 million from $111.2 million. Total fuel transactions processed slid

...

 

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FREE Daily Stock Alerts From PennyOmega.com

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Monday August 31, 2009

PennyOmega.com Stock Report!

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NewMarket Technology, Inc. Announces Audited Financials Filed With SEC Reporting $95 Million in 2008 Revenue and $43 Million in Profitable Revenue First Six Months 2009

- Strategic Update Webcast Tomorrow to Include Company Plans for Upgraded Listing -

DALLAS, TX–(CRWENEWSWIRE - 08/31/09) - NewMarket Technology, Inc. (Pinksheets:NWMT) is a

...

DALLAS, TX–(CRWENewswire - 08/28/09) - NewMarket Technology, Inc. (Pinksheets:NWMT - News) is a reporting company with audited financial reports filed with the SEC. On Tuesday September 1st, Board Member Hugh G. Robinson, Retired Major General and Former Chairman of the Dallas Federal Reserve, is scheduled to host a strategic update in an on-demand Webcast. The Webcast will include a review of the Company’s $95 million in revenue in 2008, $100 profitable revenue forecast, recent Microsoft contracts and $63 million in new business.

Earlier this week, NewMarket announced a three-year, $33 million outsourcing agreement with WBA (Wireless Broadband Access) Telecommunications, S.A. of Bogota, Colombia. This is NewMarket’s second major outsourcing agreement signed this year. NewMarket previously announced a similar agreement in Shanghai, China earlier this year for $30 million. A link for accessing the on-demand Webcast is scheduled to be available on the Company’s website Tuesday, September 1.

Corporate Information and E-mail Updates

To

...

NWMT, NewMarket Technology, Inc., NWMT.PK

DrStockPick Stock Alert!

 

 

 

Dr Stock Pick HOT News & Alerts!

NewMarket Technology, Inc. to Webcast Update and Outlook With $100 Million

Profitable Revenue Forecast, Recent Microsoft Contracts and

$63 Million in New Business

 

Friday August 28, 2009

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NewMarket Technology, Inc. to Webcast Update and Outlook With $100 Million Profitable Revenue Forecast, Recent Microsoft Contracts and $63 Million in New Business

-Retired Major General Hugh Robinson, Board Member and Former Chairman of the Dallas Federal Reserve, to Host Tuesday, September 1st Webcast -

DALLAS, TX–(CRWENEWSWIRE - 08/28/09) - NewMarket Technology, Inc. (Pinksheets:NWMT) is a reporting company with audited financial reports filed with the SEC. On Tuesday September 1st, Board Member Hugh G. Robinson, Retired Major General and Former Chairman of the Dallas Federal Reserve,

...

NWMT, NewMarket Technology, Inc., NWMT.PK

DrStockPick Stock Alert!

 

 

 

Dr Stock Pick HOT News & Alerts!

NewMarket Technology, Inc.’s Retired Major General Hugh Robinson, Board Member

and Former Chairman of the Dallas Federal Reserve, to Present Strategic Update

With CEO Philip M. Verges

 

Thursday August 27, 2009

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NewMarket Technology, Inc.’s Retired Major General Hugh Robinson, Board Member and Former Chairman of the Dallas Federal Reserve, to Present Strategic Update With CEO Philip M. Verges

-Webcast Tuesday, September 1st to Review 2009 Profitable Revenue Forecast, 2008 $95 Million Reported Revenue and $63 Million in Recent Outsourcing Contracts-

DALLAS, TX–(CRWENEWSWIRE - 08/27/09) - NewMarket Technology, Inc. (Pinksheets:NWMT) today announced Board Member Hugh G. Robinson, Retired Major General and Former Chairman of the Dallas Federal Reserve, will present a strategic update in an on-demand Webcast

...