Layout:
Home > Archive: August, 2011

Archive for August, 2011

(BCV, ITI, HITK, CRWE) Stock Report from PennyGovernance.com

August 30th, 2011 at 11:24 am



Bancroft Fund Ltd. (AMEX:BCV) declared the Fund's one hundred sixty-third quarterly dividend. The $0.1275 per share dividend is payable from net investment income on September 29, 2011 to shareholders of record September 15, 2011.

Bancroft Fund Ltd. is a close-ended fixed income mutual fund launched and managed by Davis-Dinsmore Management Company. The fund invests in the fixed income markets of the United States.

Read more at: http://pennygovernance.com/?p=16167

(MJGCF.PK, DLA, BONE, AMGN) Featured Stocks by PennyGovernance.com

August 30th, 2011 at 11:20 am



Majestic Gold Corp. (MJGCF.PK)

Majestic Gold Corp. (MJGCF) engages in the acquisition, exploration, and mining of precious metals in China. The company primarily explores for gold deposits. It holds interest in the Song Jiaguo Property located on the Jiaodong Peninsula in Muping County, the Shandong Province. The company is headquartered in Vancouver, Canada.

Read more at: http://pennygovernance.com/?p=16166

(MJGCF.PK, DLA, BONE, AMGN) Featured Stocks by PennyGovernance.com

August 30th, 2011 at 11:18 am



Majestic Gold Corp. (MJGCF.PK)

Majestic Gold Corp. (MJGCF) engages in the acquisition, exploration, and mining of precious metals in China. The company primarily explores for gold deposits. It holds interest in the Song Jiaguo Property located on the Jiaodong Peninsula in Muping County, the Shandong Province. The company is headquartered in Vancouver, Canada.

Read more at: http://pennygovernance.com/?p=16166

(TRX, CLNO, WTT, BONT) Stock Highlights by PennyGovernance.com

August 30th, 2011 at 11:13 am



Tanzanian Royalty Exploration Corp. (AMEX:TRX) is pleased to announced that an infill reverse circulation (RC) drilling program has commenced on the Buckreef project, the Company's advanced stage exploration gold project located in the Lake Victoria Goldfields of northern Tanzania within the Rwamagaza Greenstone Belt. The Buckreef project contains National Instrument 43-101 ("NI 43-101") compliant gold resources at a 0.5 g/t cutoff grade in the following categories: Measured, 5.176 million tonnes grading 2.05 g/t (341,000 oz); Indicated, 24.97 million tonnes averaging 1.19 g/t (954,000 oz); Inferred, 17.173 million tonnes grading 1.51 g/t (835,000 oz).

Read more at: http://pennygovernance.com/?p=16165

(CLNO, FSI, SOQ, GCOM) Stocks in Focus by PennyGovernance.com

August 30th, 2011 at 11:04 am




Cleantech Transit Inc. (CLNO)

Cleantech Transit Inc. was founded to capitalize on technology advances and manufacturing opportunities in the growing clean energy public transportation sector. The Company has expanded its focus to invest directly in specific green projects that could maximize shareholder value. Recognizing the many economic and operational advances of converting wood waste into renewable sources of energy, Cleantech Transit Inc. has selected to invest in Phoenix Energy (www.phoenixenergy.net).

Read more at: http://pennygovernance.com/?p=16163

(CLNO, FSI, SOQ, GCOM) Stocks in Focus by PennyGovernance.com

August 30th, 2011 at 11:02 am




Cleantech Transit Inc. (CLNO)

Cleantech Transit Inc. was founded to capitalize on technology advances and manufacturing opportunities in the growing clean energy public transportation sector. The Company has expanded its focus to invest directly in specific green projects that could maximize shareholder value. Recognizing the many economic and operational advances of converting wood waste into renewable sources of energy, Cleantech Transit Inc. has selected to invest in Phoenix Energy (www.phoenixenergy.net).

Read more at: http://pennygovernance.com/?p=16163

(CLNO, FSI, SOQ, GCOM) Stocks in Focus by PennyGovernance.com

August 30th, 2011 at 11:00 am




Cleantech Transit Inc. (CLNO)

Cleantech Transit Inc. was founded to capitalize on technology advances and manufacturing opportunities in the growing clean energy public transportation sector. The Company has expanded its focus to invest directly in specific green projects that could maximize shareholder value. Recognizing the many economic and operational advances of converting wood waste into renewable sources of energy, Cleantech Transit Inc. has selected to invest in Phoenix Energy (www.phoenixenergy.net).

Read more at: http://pennygovernance.com/?p=16163

(CLNO, FSI, SOQ, GCOM) Stocks in Focus by PennyGovernance.com

August 30th, 2011 at 10:58 am




Cleantech Transit Inc. (CLNO)

Cleantech Transit Inc. was founded to capitalize on technology advances and manufacturing opportunities in the growing clean energy public transportation sector. The Company has expanded its focus to invest directly in specific green projects that could maximize shareholder value. Recognizing the many economic and operational advances of converting wood waste into renewable sources of energy, Cleantech Transit Inc. has selected to invest in Phoenix Energy (www.phoenixenergy.net).

Read more at: http://pennygovernance.com/?p=16163

(DGAS, CRWE, TBNK, MDM) Notable Stocks by PennyGovernance.com

August 30th, 2011 at 10:51 am



Delta Natural Gas Co. Inc. (NASDAQBig GrinGAS) at a meeting held August 19, 2011, authorized a quarterly stock dividend of thirty-five cents ($.35) per share to be paid September 15, 2011 to all common shareholders of record as of September 1, 2011.

Delta Natural Gas Company, Inc. distributes or transports natural gas in central and southeastern Kentucky. It operates through two segments, Regulated and Non-Regulated.

Read more at: http://pennygovernance.com/?p=16162

(TBUS, ULGX, UBCP, CLNO) Noticeable Stocks by PennyGovernance.com

August 30th, 2011 at 10:43 am



DRI Corporation (NASDAQ:TBUS), a digital communications technology leader in the global surface transportation and transit security markets, announced that it posted second quarter 2011 net sales of $20.3 million, up from first quarter's $19.1 million. Absent a special goodwill impairment charge, the adjusted net profit to common shareholders would have been $268 thousand, or 2 cents per diluted share. For the quarter ended June 30, 2011, the Company posted net sales of $20.3 million and a net loss to common shareholders of $9.6 million, or 81 cents per diluted share. This compares to net sales of $25.6 million and a net profit to common shareholders of $763 thousand, or 6 cents per share, for the same period last year.

Read more at: http://pennygovernance.com/?p=16161

(MFLR, CRWE, THQI, ADK) Stocks to Watch by PennyGovernance.com

August 30th, 2011 at 10:38 am



Mayflower Bancorp, Inc. (NASDAQ:MFLR) reported net income of $359,000 or $0.17 per share for its first quarter ended July 31, 2011, a 7% improvement as compared to earnings of $336,000 or $0.16 per share for the same quarter last year. Diluted earnings per share for the quarter were $0.17 compared to $0.16 for the same quarter of last year. Net interest income for the quarter decreased by $31,000 or 1.4% to $2.1 million due to a decrease in the Company's net interest margin, from 3.78% in the July 2010 quarter to 3.59% in the July 2011 quarter. This decrease is primarily the result of a greater percentage of interest earning assets in interest-bearing deposits in banks, as compared to the prior year quarter. Average interest earning assets for the period increased from $227.9 million for the quarter ended July 31, 2010 to $236.6 million for the quarter ended July 31, 2011 and average interest bearing liabilities grew from $228.0 million for the quarter ended July 31, 2010 to $234.7 million for the quarter ended July 31, 2011.

Read more at: http://pennygovernance.com/?p=16160

(MFLR, CRWE, THQI, ADK) Stocks to Watch by PennyGovernance.com

August 30th, 2011 at 10:38 am



Mayflower Bancorp, Inc. (NASDAQ:MFLR) reported net income of $359,000 or $0.17 per share for its first quarter ended July 31, 2011, a 7% improvement as compared to earnings of $336,000 or $0.16 per share for the same quarter last year. Diluted earnings per share for the quarter were $0.17 compared to $0.16 for the same quarter of last year. Net interest income for the quarter decreased by $31,000 or 1.4% to $2.1 million due to a decrease in the Company's net interest margin, from 3.78% in the July 2010 quarter to 3.59% in the July 2011 quarter. This decrease is primarily the result of a greater percentage of interest earning assets in interest-bearing deposits in banks, as compared to the prior year quarter. Average interest earning assets for the period increased from $227.9 million for the quarter ended July 31, 2010 to $236.6 million for the quarter ended July 31, 2011 and average interest bearing liabilities grew from $228.0 million for the quarter ended July 31, 2010 to $234.7 million for the quarter ended July 31, 2011.

Read more at: http://pennygovernance.com/?p=16160

(MFLR, CRWE, THQI, ADK) Stocks to Watch by PennyGovernance.com

August 30th, 2011 at 10:35 am



Mayflower Bancorp, Inc. (NASDAQ:MFLR) reported net income of $359,000 or $0.17 per share for its first quarter ended July 31, 2011, a 7% improvement as compared to earnings of $336,000 or $0.16 per share for the same quarter last year. Diluted earnings per share for the quarter were $0.17 compared to $0.16 for the same quarter of last year. Net interest income for the quarter decreased by $31,000 or 1.4% to $2.1 million due to a decrease in the Company's net interest margin, from 3.78% in the July 2010 quarter to 3.59% in the July 2011 quarter. This decrease is primarily the result of a greater percentage of interest earning assets in interest-bearing deposits in banks, as compared to the prior year quarter. Average interest earning assets for the period increased from $227.9 million for the quarter ended July 31, 2010 to $236.6 million for the quarter ended July 31, 2011 and average interest bearing liabilities grew from $228.0 million for the quarter ended July 31, 2010 to $234.7 million for the quarter ended July 31, 2011.

Read more at: http://pennygovernance.com/?p=16160

(CLNO, FAX, LPTH, GLU) Stocks in Action by PennyGovernance.com

August 30th, 2011 at 10:17 am



Cleantech Transit Inc. (CLNO)

Cleantech Transit Inc. was founded to capitalize on technology advances and manufacturing opportunities in the growing clean energy public transportation sector. The Company has expanded its focus to invest directly in specific green projects that could maximize shareholder value. Recognizing the many economic and operational advances of converting wood waste into renewable sources of energy, Cleantech Transit Inc. has selected to invest in Phoenix Energy (www.phoenixenergy.net).

Read more at: http://pennygovernance.com/?p=16159

(AVCA, MBFI, CRWE, GSBC) Noticeable Stocks by PennyGovernance.com

August 29th, 2011 at 10:57 am

Advocat Inc. (Nasdaq:AVCA) announced that company executives will present at the Midwest IDEAS Investor Conference on Wednesday, August 31, 2011, at the University of Chicago's Gleacher Center in Chicago, Illinois. Advocat's presentation is scheduled to begin at 1:20 p.m. CDT (2:20 p.m. EDT). The presentation will be webcast live and may be accessed at the conference website, www.midwestideas.com, or in the investor relations section of the company's website: www.advocatinc.com.

Read more at: http://pennygovernance.com/?p=16151

(UMPQ, RNST, PRAN, CLNO) Notable Stocks by PennyGovernance.com

August 29th, 2011 at 10:50 am

Umpqua Holdings Corporation (NASDAQ:UMPQ), parent company of Umpqua Bank, has appointed Dudley Slater to its board of directors. Slater was named director of Umpqua's board for a one-year term at its Aug. 5 annual board meeting. Slater most recently served as the chief executive officer for Integra Telecom, a company he co-founded in 1996. Under Slater's leadership, Integra grew from nine employees and $1.5 million in revenue to become one of the nation's largest companies within the telecommunications sector and one of Oregon's largest businesses with more 2,000 employees and $600 million in revenue.

Read more at: http://pennygovernance.com/?p=16150

(CRWE, FWLT, VRNT, HOTT) Stocks in Focus by PennyGovernance.com

August 29th, 2011 at 10:42 am

Crown Equity Holdings Inc., (CRWE)
CRWE's digital network is designed, on behalf of its clients, to bring together targeted high-income audiences and advertisers on its financial websites that include, among others, DrStockPick.com, PennyOmega.com, BestOtc.com, CRWEFinance.com, CRWESelect.com, CRWEPicks.com and StockHotTips.com.

Read more at: http://pennygovernance.com/?p=16149

(PETM, EDAP, CLNO, ENDP) Stocks in Review by PennyGovernance.com

August 29th, 2011 at 10:34 am

PetSmart, Inc. (NASDAQ:PETM) reported earnings of $0.54 per share, up 32% compared to $0.41 per share in the second quarter of 2010. Net income totaled $61 million in the second quarter of 2011, compared to $48 million in the second quarter of 2010. Total sales for the second quarter of 2011 increased 7.0% to $1.5 billion. The increase in net sales was partially impacted by $6 million in favorable foreign currency fluctuations. Comparable store sales, or sales in stores open at least a year, grew 5.0%, benefiting from comparable transactions growth of 2.0%. Services sales, which are included in total sales, grew 7.6% to $178 million. During the second quarter, the company generated $109 million in operating cash flow, spent $20 million in capital expenditures, distributed $14 million in dividends, and repurchased $63 million of PetSmart stock. The Company ended the quarter with $321 million in cash, cash equivalents and restricted cash and zero borrowings on its credit facility.

Read more at: http://pennygovernance.com/?p=16148

(LFUS, SWSH, CPST, CRWE) Stock Highlights by PennyGovernance.com

August 29th, 2011 at 10:27 am

Littelfuse Inc. (NASDAQ:LFUS), announced the addition of the SP4061 and SP4062 Series to its expanding TVS Diode Arrays ( SPATM Family) of low capacitance ESD and surge protection devices. The SP4061 and SP4062 Series are specially designed to protect high speed I/O and high speed ports such as 10/100/1000 Ethernet. They are particularly suitable for circuit protection on telecom and networking devices such as Ethernet, Consumer Premise Equipment (CPE), PBX Systems, VoIP Phones, set-top boxes and similar equipment. The robust surge protection they provide helps equipment manufacturers comply with regulatory standards such as GR-1089, ITU, and YD/T, extending equipment life and reliability.

Read more at: http://pennygovernance.com/?p=16147

(MJGCF.PK, SEIC, CORT, SSNC) Featured Stocks by PennyGovernance.com

August 29th, 2011 at 10:20 am

Majestic Gold Corp. (MJGCF.PK)
Majestic Gold Corp. (MJGCF.PK) engages in the acquisition, exploration, and mining of precious metals in China. The company primarily explores for gold deposits. It holds interest in the Song Jiaguo Property located on the Jiaodong Peninsula in Muping County, the Shandong Province. The company is headquartered in Vancouver, Canada.

Read more at: http://pennygovernance.com/?p=16146

(CSGP, SURG, CLNO, ANGO) Stock Report from PennyGovernance.com

August 29th, 2011 at 10:11 am

CoStar Group Inc. (Nasdaq:CSGP) announced the launch of CoStarGo(TM), its powerful new iPad app. For the first time, commercial real estate professionals will be able to access CoStar's extensive property and market data, sales comparables and tenant information in a dynamic mobile interface wherever they are. Speed, mobility and efficiency are the key benefits of CoStarGo.

Read more at: http://pennygovernance.com/?p=16145

(ACCL, CRWE, SIFY, ARRS) Stock Updates by PennyGovernance.com

August 29th, 2011 at 10:03 am

Accelrys Inc. (NASDAQ:ACCL), a leading scientific enterprise R&D software and services company, has launched a comprehensive Academic Program specifically focused on meeting the needs of academic communities-from students, teachers and researchers to IT support staff and university administrators-around the world. Demonstrating Accelrys' strong commitment to science and higher education, the new Academic Program makes it easier for researchers to access and share state-of-the-art scientific software solutions that support collaboration, enhance innovation and accelerate discovery in university labs.

Read more at: http://pennygovernance.com/?p=16144

(CLNO, ESLT, TACT, TZOO) Stocks under Consideration by PennyGovernance.com

August 29th, 2011 at 09:54 am

Cleantech Transit Inc. (CLNO)
Cleantech Transit Inc. was founded to capitalize on technology advances and manufacturing opportunities in the growing clean energy public transportation sector. The Company has expanded its focus to invest directly in specific green projects that could maximize shareholder value. Recognizing the many economic and operational advances of converting wood waste into renewable sources of energy, Cleantech Transit Inc. has selected to invest in Phoenix Energy (www.phoenixenergy.net).

Read more at: http://pennygovernance.com/?p=16143

(CLNY, SOA, CRWE, CPY) Stock Report from PennyGovernance.com

August 27th, 2011 at 10:43 am

Colony Financial, Inc. (NYSE:CLNY) announced that its Board of Directors has authorized a common stock repurchase program that provides for the repurchase of up to an aggregate of $50 million of the Company's outstanding shares of common stock over a twelve-month period.

Read more at: http://pennygovernance.com/?p=16135

(TJX, SFD, ABVT, CLNO) Featured Stocks by PennyGovernance.com

August 27th, 2011 at 10:38 am

The TJX Companies, Inc. (NYSE:TJX), the leading off-price retailer of apparel and home fashions in the U.S. and worldwide, announced sales and earnings results for the second quarter ended July 30, 2011. Net sales for the second quarter of Fiscal 2012 increased 8% to $5.5 billion and consolidated comparable store sales increased 4%. Net income for the second quarter was $348 million and diluted earnings per share were $.90, compared with $.74 per share last year. Last year's results included the positive impact from a non-operating item (detailed under "Items Impacting Comparability" below). Excluding this item, diluted earnings per share for the second quarter increased 23% over the prior year's $.73 adjusted diluted earnings per share.

Read more at: http://pennygovernance.com/?p=16134

(ENP, CRWE, COL, SWY) Stock Highlights by PennyGovernance.com

August 27th, 2011 at 10:32 am

Encore Energy Partners LP (NYSE:ENP) announced it has closed on the acquisition of producing oil and natural gas assets in the Permian Basin of West Texas for a net purchase price of $14.8 million from a private seller. The properties acquired by ENP have estimated total net proved reserves of 1.03 million barrels of oil equivalent, of which approximately 87% are oil and natural gas liquids reserves. The properties being acquired are 51% proved developed and the current production is approximately 115 Boe/d.

Read more at: http://pennygovernance.com/?p=16133

(WTR, LXK, CLNO, SJT) Stocks in Review by PennyGovernance.com

August 27th, 2011 at 10:28 am

Aqua America Inc. (NYSE:WTR) announced the appointment of Richard S. (Rick) Fox as president of Aqua Utilities Florida, Inc. Fox was formerly the vice president of customer operations for Aqua America. "Rick brings a powerful combination of expertise in customer service and engineering to his new role," said Aqua America Chairman and CEO Nicholas DeBenedictis. "In particular, he has a deep understanding of how to develop a strong relationship with our customers. Rick will be a valuable resource to our Florida customers and an insightful and experienced leader to our Florida operations team."

Read more at: http://pennygovernance.com/?p=16132

(SWSH, MJGCF.PK, OMI, MTB) Stocks in Focus by PennyGovernance.com

August 27th, 2011 at 10:22 am

Swisher Hygiene Inc. (Nasdaq:SWSH) announced results for the three and six-month periods ended June 30, 2011. All amounts in this news release are in United States dollars. Total revenue for the three months ended June 30, 2011 increased by 241% to $51.7 million compared to $15.2 million for the same period in 2010, led by a 227% increase in product revenue and a 406% increase in service revenue.

Read more at: http://pennygovernance.com/?p=16131

(MSHL, AWK, TKC, CRWE) Notable Stocks by PennyGovernance.com

August 27th, 2011 at 10:16 am

Marshall Edwards Inc. (Nasdaq:MSHL), an oncology company focused on the clinical development of novel therapeutics targeting cancer metabolism, announced that Daniel P. Gold, Ph.D., President and Chief Executive Officer, will present an update on Marshall Edwards and its lead oncology programs at the Southern California Investor Conference on Monday, August 29, 2011 at 11:30 a.m. PDT from the Island Hotel in Newport Beach, Calif. A live webcast of the presentation can be accessed at www.marshalledwardsinc.com/investor. A replay will be available approximately one hour after the presentation and archived for 60 days.

Read more at: http://pennygovernance.com/?p=16130

(BFSB, GEF, CLNO, BAX) Noticeable Stocks by PennyGovernance.com

August 27th, 2011 at 10:07 am

Brooklyn Federal Bancorp Inc. (NASDAQ:BFSB) announced that a special meeting (the "Special Meeting") of its common stockholders will be held at Brooklyn Federal Savings Bank's main office, located at 81 Court Street, Brooklyn, New York 11201 at 4:00 p.m., New York time on November 15, 2011. At the Special Meeting, holders of Brooklyn Federal Bancorp, Inc.'s common stock will be asked to approve the Agreement and Plan of Merger (the "Merger Agreement"), dated as of August 16, 2011, by and between Investors Savings Bank, Investors Bancorp, Inc.,

Read more at: http://pennygovernance.com/?p=16129


<< Newer EntriesOlder Entries >>