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Monthly Archives: May 2010

China Direct Industries, Inc. (CDII) Announces Contract to Supply Manganese Ore to Privately Held Trading and Refining Company

China Direct Industries, Inc., a U.S.-owned holding company operating in China in two core business segments, pure magnesium production and distribution of basic materials, recently announced that its wholly owned subsidiary, CDII Trading, Inc. has entered into a 12-month contract … Continue reading

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Simmons First National Corp. (SFNC) Expands their Operations outside Arkansas Border

Last Friday, Simmons First National Corporation announced that their wholly owned bank subsidiary, Simmons First National Bank, entered into a purchase and assumption agreement with loss share arrangements with the Federal Deposit Insurance Corporation (FDIC). The agreement is to purchase … Continue reading

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China Wind Systems, Inc. (CWS) Reports Sharply Higher Revenues and Net Income in First Quarter

China Wind Systems, Inc. reported net income of $1.9 million, or $0.08 per diluted share, in the first quarter of 2010. The company reported net income of $0.64 million, or $0.03 per diluted share, in the same quarter of 2009. … Continue reading

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North European Oil Royalty Trust (NRT) Reports Lower Net Income and Distributions in Second Fiscal Quarter of 2010

North European Oil Royalty Trust reported net income of $4.6 million, or $0.50 per unit, in the second quarter of fiscal 2010, which ended 4/30/2010. North European Oil Royalty Trust earned net income of $9.1 million, or $0.99 per unit, … Continue reading

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AuthenTec (AUTH) Posts Q1 Results, Reports 30% Revenue Increase

AuthenTec Inc., a leading provider of security, identity management and touch control solutions, Friday reported financial results for the first quarter ended April 2, 2010. The company reported consolidated revenue of $9.2 million for the first quarter of 2010, a … Continue reading

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Response Genetics, Inc. (RGDX) Signs Agreement with GlaxoSmithKline

Response Genetics Inc. is a company focused on the development and sale of molecular diagnostic tests for cancer which are based on its proprietary and patented technologies. The company’s technologies enable extraction and analysis of genetic information from genes derived … Continue reading

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Sun Hydraulics Corp. (SNHY) Reports First Quarter Results, Sees Recovery Strengthening

Sun Hydraulics Corp. is a leading designer and manufacturer of high-performance, screw-in hydraulic cartridge valves and manifolds for worldwide industrial and mobile markets. The company recently reported its first quarter 2010 results for the three months ended April 3, 2010. … Continue reading

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ADDvantage Technologies (AEY) Announces Positive Three And Six Month Results

ADDvantage Technologies Group Inc., provider of service and equipment for the cable television industry, has announced results for the three and six month periods ending March 31, 2010. Revenue for the three month period ending 3/31/2010 was $12.1 million, compared … Continue reading

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Sino Assurance Inc. (SNAS) Reports Higher Net Income in First Quarter

Sino Assurance Inc. reported net income of $586,000, or $0.01 per share, for the first quarter of 2010. This compares to earnings of $14,749, or $0.00 per share, a year earlier. The company’s revenue totaled $1.9 million for the quarter, … Continue reading

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Tianyin Pharmaceutical Co., Inc. (TPI) Reports Higher Revenue and Net Income in Third Fiscal Quarter

Tianyin Pharmaceutical Co., Inc. reported net income of $15.9 million, or $0.09 per diluted share, in the third fiscal quarter of 2010. The company earned $1.9 million, or $0.08 per diluted share, in the corresponding quarter in fiscal 2009. Tianyin … Continue reading

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