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Monthly Archives: November 2009

Wonder Auto Technology, Inc. (WATG) Receives Proceeds from Equity Offering

Wonder Auto Technology, Inc. closed on its recent offering of common stock and received $59.2 million in net proceeds. The company sold 6 million common shares at a price of $10.75, and may receive more proceeds if the underwriters exercise … Continue reading

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Devon Energy Corp. (DVN) to Liquidate Undervalued Assets, Emphasize Onshore Infrastructure

Devon Energy Corp. revealed details of its strategy to monetize all outstanding Gulf of Mexico and international assets today, Monday, Nov. 16. Following this divestiture, DVN – an Oklahoma based energy company engaged in oil and gas exploration, will channel … Continue reading

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North European Oil Royalty Trust (NRT) Reports Fourth Quarter Income and Distribution

North European Oil Royalty Trust reported net income of $3.5 million, or $0.38 per unit, for its fourth fiscal quarter ending 10/31/2009. During the same quarter last year, the company earned $9.4 million, or $1.02 per unit. The company paid … Continue reading

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RINO International Corp. (RINO) Reports Q3 2009 Results, Posting 41% Sales Increase and Forecasted Growth in 2010

RINO International Corp. operates through its affiliates to design, manufacture, install and service patented wastewater treatment and relative equipment for iron and steel manufacturers in the People’s Republic of China. The company today announced its third-quarter results for the period … Continue reading

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American Apparel Inc. (APP) Looks Ready for the Coming Holiday Season

The holiday season is all about retail. Investing in this portion of the market, however, needs to be approached before the season of retail madness starts. High-end purchases may or may or may not be the correct option. Basic sit … Continue reading

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New Generation Biofuels Holdings, Inc. (NGBF) Announces Financial Results for Third Quarter 2009

New Generation Biofuels Holdings, Inc. today announced its financial results for the quarter ended September 30, 2009. Reporting revenues of $34,412 for the quarter, the company recognized a net loss of $2.3 million. For the first nine months of 2009, … Continue reading

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Metalink Ltd. (MTLK) Reports Loss in Third Quarter

Metalink Ltd. reported a net loss of $4.0 million, or $0.16 per share, in the third quarter of 2009. These results were slightly worse than the $3.0 million, or $0.13 per share, the company lost in the same quarter last … Continue reading

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GeoGlobal Resources (GGR) Gets Approval for Offshore Oil

GeoGlobal Resources, Inc., an oil and natural gas exploration and development company focusing on India, has announced another step forward in its bid for oil off the coast of eastern India, as part of a consortium led by GSPC (Gujarat … Continue reading

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Kandi Technologies Corp. (KNDI) Completes Sale of 30 Electric Mini Cars to China Postal Service

China-based Kandi Technologies Corp. designs and manufactures all terrain recreational vehicles (ATVs), including its battery powered, two-seater low-speed vehicle, COCO. The company today announced the sale of 30 modified, electric COCO hardtops to the Postal Service in Jihua City. This … Continue reading

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QualityStocks Features Royal Energy, Inc. (ROYL) in Exclusive Interview

QualityStocks today announces that its audio interview with Royal Energy, Inc. (NASDAQ: ROYL) CEO Don Hosmer is now available. The complete interview can be heard at http://www.qualitystocks.net/videocharts.php?chartvid_id=357. During the interview, Mr. Hosmer provides an overview of the company, its targeted … Continue reading

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