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99 Cents Posts Strong Q2 – Analyst Blog

Zacks Market Commentaries (November 5th, 2009) Writes:
99 Cents Only Stores Inc. (NDN) reported fiscal second quarter results after the closing bell on Wednesday. The company recorded a net income of $9.6 million, compared to a net loss of $9.4 million in the year-ago period. Earnings per share came in at 14 cents, topping the Zacks Consensus Estimate by 7 cents. The company had reported a loss of 13 cents per share in the same period last year.   The deep-discount store operator’s sales posted a growth of 2.2% year over year to $324.7 million, as customers affected by continuing macroeconomic headwinds preferred to shop more in its stores. The City of Commerce, CA-based retailer’s same-store sales grew by 2.3% over the same period.   Non-Texas Operations   99 Cents revenues from non-Texas operations grew 4.0% year over year to $296.4 million driven by same-store sales growth of nearly 1% coupled with the effect of ...

Qualsec’s (QLSZ.OB) Wholly Owned Subsidiary Signs West Coast Distribution Agreement with CaboChips in Major Retail Chains

QualityStocks (November 5th, 2009) Writes:

Qualsec recently announced that VitaminSpice has secured an agreement with Cabo Foods Inc. Under the terms of the agreement, VitaminSpice’s vitamin-enhanced spices will be introduced to Cabo Foods’ West Coast distribution networks and major retail chains. VitaminSpice is a pioneer in the emerging foodceutical industry selling sells vitamin-, mineral- and antioxidant-infused spices and food products.

As a leading gourmet chip manufacturer, Cabo Foods currently has several high-end retail accounts, including Ralph’s Grocery, Albertsons, Whole Foods Market, Inc. Costco, Henry’s Farmers Market, Mother’s Market & Kitchen and Sprouts. This distribution agreement includes the states of California, Nevada, Arizona, Texas and Utah.

Ed Bukstel, chief executive officer of VitaminSpice, stated, “We are excited to work with Cabo Foods and their innovative line of healthy natural products.” Mr. Bukstel continued, “We should begin to further accelerate our sales with this new arrangement.”

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Frontier Beats Despite Lower Sales – Analyst Blog

Zacks Market Commentaries (November 3rd, 2009) Writes:

Frontier Communications (FTR) announced third quarter results with adjusted (excluding acquisition and integration costs) earnings per share of 18 cents, exceeding the Zacks Consensus Estimate of 16 cents. Net income increased 11% year over year to $52.2 million, primarily due to gain on debt repurchases and higher operating income that increased 5% year over year to $172.5 million.   Revenues Remains under Pressure    The company reported revenues of $526.8 million, reflecting a 6% decrease over the year-ago quarter. The year-over-year decline is attributable to lower local, long-distance and switched access revenues coupled with decline in basic access lines. However, this was partially offset by increases in data and Internet service revenues.   Revenues for local services declined 8% year over year to $193.6 million while data and Internet services revenue increased 4% to $160 million. Switched access service revenues declined 8% year over year to $91.2 million

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SYNW, Sync2 Networks Opens Ventures Incubator Facility

Dr. Stock Pick (November 3rd, 2009) Writes:

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Tuesday November 3, 2009

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Sync2 Networks Opens Ventures Incubator Facility

LAS VEGAS, NEVADA–(CRWENEWSWIRE) - Sync2 Networks Corp. (OTC.BB:SYNW - News) - On 02 November, 2009, Sync2 Networks unveils its Vancouver Venture Incubator to assist online entrepreneurs accessing the recently negotiated Ventures’ Fund. Sync2 Ventures provides access to capital and consulting for private companies which are in early stages of online integration with foreseeable growth.

“Our focus is on those companies who prefer to relocate their on-line business services in Vancouver for a period of time, whether they work out of our facility or not, we want to be sure

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DrStockPick.com Stock Report! 11/02/09, TRS, VSAT, VNO, FFIV, LJPC, GCHT

Dr. Stock Pick (November 2nd, 2009) Writes:

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Monday November 2, 2009

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TriMas Corporation (Nasdaq: TRS) - a diversified manufacturer of engineered and applied products - today announced that its Monogram Aerospace Fasteners manufacturing plant in Los Angeles, California has passed the one millionth- hour mark without having a injury that resulted in a lost work day. This accomplishment represents validation of a program that was started two years ago to improve safety awareness in the manufacturing operations.

ViaSat Inc. (Nasdaq:VSAT) will host a conference call on Thursday, November 5,

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DrStockPick.com Stock Report! 11/02/09, TRS, VSAT, VNO, FFIV, LJPC, GCHT

Dr. Stock Pick (November 2nd, 2009) Writes:

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Monday November 2, 2009

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TriMas Corporation (Nasdaq: TRS) - a diversified manufacturer of engineered and applied products - today announced that its Monogram Aerospace Fasteners manufacturing plant in Los Angeles, California has passed the one millionth- hour mark without having a injury that resulted in a lost work day. This accomplishment represents validation of a program that was started two years ago to improve safety awareness in the manufacturing operations.

ViaSat Inc. (Nasdaq:VSAT) will host a conference call on Thursday, November 5,

...

Magma Awarded $10 Million in Department of Energy Grants for Its Soda Lake and McCoy Properties in Nevada

Stuart Smith (November 2nd, 2009) Writes:

VANCOUVER, BRITISH COLUMBIA, Oct. 30, 2009 (Marketwire) — Magma Energy Corp. (TSX:MXY) is pleased to announce that its US subsidiary, Magma Energy (US) Corp. (”Magma”), has been awarded $10 million in American Recovery and Reinvestment Act funding for two of its Nevada geothermal exploration properties, Soda Lake and McCoy. The grants will reimburse 50 – 80% of Magma’s planned innovative exploration expenditures on those properties over the next 24 months. At Soda Lake, Magma will apply new oil and gas technology to discover geothermal resources, and at McCoy, Magma will validate a combination of innovative exploration technologies in its search for a large geothermal reservoir on the property. The funding is part of $98.1 million allocated by the US Department of Energy under the Recovery Act for innovative geothermal exploration and drilling projects.

Dr. Frank Monastero, Magma’s President, said, “We are very pleased with this financial support through the

...

Black Hawk Exploration Inc. (BHWX.OB) is “One to Watch”

QualityStocks (October 30th, 2009) Writes:

Black Hawk Exploration Inc. is a diversified metals and energy exploration company. Their current focus is on lithium exploration through their wholly owned subsidiary Blue Lithium. Black Hawk holds mineral rights to 1,120 acres in the lithium-rich Clayton Valley in Nevada. Clayton Valley is the home of the largest lithium brine production facility in the U.S. The Company is focusing on the acquisition, exploration, and development of highly-prospective North American lithium properties. Black Hawk Exploration Inc. has their headquarters in Fox Island, Washington and they trade on the OTC Bulletin Board.

This week, Black Hawk Exploration, Inc.’s management team, headed by Kevin M. Murphy, announced to their Black Hawk shareholders, friends, and the market a recap of their last quarter and significant milestones. In early August, Black Hawk launched a diversified energy and metals exploration program. The focus was on identifying and exploring strategic high value properties and developing new

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DrStockPick.com Stock Report! 10/30/09, PWRM, MCK, IKTO, AFFY, MLP, SGP

Dr. Stock Pick (October 30th, 2009) Writes:

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Friday October 30, 2009

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Power3 Medical Products, Inc. (OTCBB: PWRM), a leader in neurodegenerative disease and cancer biomarkers and diagnostic tests, announces further international recognition of validity as the company’s President and CSO, Dr. Ira Goldknopf, will deliver an invited Keynote address and chair a session on “Biomarkers and Diagnostics in Personalized Medicine (Track 6-4),” at the BIT Life Sciences 2nd International Congress and Expo of Molecular Diagnostics in Beijing, China, November 19-21, 2009. The Theme of the meeting is “New Leadership of

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Newmont’s Profit Picking Up – Analyst Blog

Zacks Market Commentaries (October 30th, 2009) Writes:
Gold producing company Newmont Mining Corporation (NEM) recorded a net income of 79 cents per share in the third quarter, beating the Zacks Consensus Estimate of 60 cents. Year on year, earnings grew by a robust 88% on strong gold and copper prices as well as lower costs. Revenues for the quarter climbed 50% to over $2 billion, driven by a 29% rise in gold sales to $1.6 billion and about a fivefold increase in copper revenues to $396 million. Newmont sold 1.7 billion ounces of gold in the quarter, up 15% year over year. The company sold 141 million pound of copper compared with 44 million pound in the same period of the previous year. On a regional basis, gold sales were slightly above expectations as higher-than-expected sales at Yanacocha in Peru, Batu Hijau in Indonesia ...

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