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Monthly Archives: May 2010

Keyuan Petrochemicals, Inc. (SVPE) Reports Large Jump in Net Income and Revenue

Keyuan Petrochemicals, Inc. reported net income of $6.7 million in the first quarter of 2010, compared to a net loss of $8.8 million in the last quarter of 2009. Keyuan Petrochemicals, Inc. reported revenue of $117.4 million in the first … Continue reading

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Spherix Inc. (SPEX) Reports Progress On Phase 3 Trial for Diabetes Drug

Spherix Inc. reported progress on a Phase 3 clinical trial for its new drug to treat Type 2 diabetes and expects results in the third quarter of 2010. Spherix is developing D-tagatose, which is used to reduce blood sugar levels … Continue reading

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Citi Trends, Inc. (CTRN) Posts Record Breaking First Quarter Financials, Belying Strong Fundamentals and Market Position

Citi Trends, Inc., www.cititrends.com – an optimal-price urban fashion retailer focused on providing offerings for the entire family, which has a network of 420 stores in 24 states, disclosed record-breaking 1Q FY10 (ending May 1) results this week on Wednesday, … Continue reading

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Richmont Mines Inc. (RIC) Finds Frugality and Prudence the Key to Solid First Quarter Returns

Occasionally a company will pop up that sends a message of some sort. On paper it appears solid and profitable but when considered a bit more closely sends a message of “what is happening here?” This is not a bad … Continue reading

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Anglo Canadian Oil Corp.’s (ACG.V) Board of Directors Appoints Director

Yesterday, Anglo Canadian Oil Corp. announced that their Board of Directors appointed Mr. Mason Douglas as a Director of the corporation. Mr. Douglas is a Director and President of Infrastructure Materials Corp., a U.S. junior mining enterprise that trades on … Continue reading

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Aerosonic Corporation (AIM) Announces New Order for Aerodynamic Test Equipment from Hindustan Aeronautics Ltd.

Aerosonic Corp., a leader in aviation instrumentation and avionics equipment – including integrated cockpit displays, digital and mechanical standby displays, sensors and probes for commercial, business and military aircraft, recently announced that the company has received a contract to build … Continue reading

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Magellan Petroleum Corp. (MPET) Announces $15.6 Equity Agreement with Young Energy Prize

Magellan Petroleum Corp. recently announced a term sheet agreement with Young Energy Prize S.A. (YEP), outlining an agreement in principle for an additional investment of $15.6 million from YEP in Magellan. Currently, YEP owns approximately 27 percent of the outstanding … Continue reading

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International Isotopes Inc. (INIS) Reports Small Loss in First Quarter of 2010

International Isotopes Inc. reported a net loss of $1.2 million in the first quarter of 2010, which ended 3/31/2010. The company lost $0.60 million in the same quarter in 2009. International Isotopes Inc. attributed the higher net loss to increased … Continue reading

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Reed’s, Inc. (REED) Signs Distribution Agreement with Specialty Beverage of Virginia

This morning before the opening bell, Reed’s, Inc., maker of the top-selling sodas in natural food stores nationwide, announced that it has entered into a distribution agreement with Specialty Beverage of Virginia, an affiliate of L. Knife & Sons Co. … Continue reading

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Chromcraft Revington, Inc. (CRC) Reports Smaller Loss in First Quarter of 2010

Chromcraft Revington, Inc. reported a loss of $1.0 million, or ($0.21) per diluted share, in the first quarter of 2010. This was an improvement from the first quarter of 2009, when the company lost $3.1 million, or ($0.69) per share. … Continue reading

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