industry / Top Stories
Baidu beats Yahoo as world's No. 2 search engineThe Nasdaq-listed Chinese search engine Baidu Inc has topped Yahoo! to
become the world's second most popular search engine in June, the US marketing research company ComScore released in its report this week.
IB Times Friday, August 07, 2009Beacon Equity Research Featured Company: Almost Family, Inc. (AFAM)Almost Family is a leading provider of home health nursing, rehabilitation and personal care services. The ultimate goal of the company is to promote independence by allowing seniors to age in place for as long as possible. By providing specialty programs such as: Cardiocare, Orthopedics, Optimum Balance, B.R.E.A.T.H.E, Urology, Frail Elderly Care Management, and Telehealth [...]
IB Times Friday, August 07, 2009Beacon Equity Research Featured Company: XOMA Ltd. (XOMA)XOMA is a biopharmaceutical company that discovers, develops and manufactures therapeutic antibodies. These antibodies and other agents are developed in order to treat inflammatory, autoimmune, infections and oncological diseases. The company has a premier antibody discovery and development platform that incorporates leading antibody phage display libraries and XOMA’s proprietary Human Engineering(tm) and Bacterial [...]
IB Times Friday, August 07, 2009Beacon Equity Research Featured Company: San West USA Inc. (HBSY.OB)San West USA Inc. designs, manufactures, sells and repairs off-road buggies and scooters, and provides aftermarket performance parts and accessories for buggies built in China for the U.S. market. They are leading the way in the manufacturing of aftermarket performance UTV products that require less maintenance than the off-the shelf varieties. Due to the lack [...]
IB Times Friday, August 07, 2009California United Bank (CUNB.OB) Posts Strong Q2 Results; Announces Quarterly HighlightsCalifornia United Bank (CUNB.OB) yesterday announced its second-quarter financial results for the period ended June 30, 2009. The company reported a 281.3% increase in net income at $347,000 as compared to the second quarter of last year. The increase was attained even after a $189,000 FDIC insurance assessment expense. Despite the recession and continued concerns [...]
IB Times Friday, August 07, 2009Baker Hughes Releases July 2009 Rig CountsBaker Hughes reported that the international rig count for July 2009 was 974, up 7 from the 967 counted in June 2009. Additionally, the U.S. rig count for July 2009 was 931, up 36 from the 895 counted in June 2009.
rigzone.com Friday, August 07, 2009Emerging Market??s New DecouplingWall Street has been quick to dismiss the whole idea of the emerging markets decoupling from the developed world, especially the United States. Perhaps the whole idea was dismissed too quickly, giving investors an opportunity for profit. Even if America’s economy remains weak, there are signs that some of the larger emerging economies could see decent [...]
IB Times Friday, August 07, 2009Treaty Energy Corp. (TECO.OB) Announces LOI to Enter in Joint Venture with Discovery Resource GroupTreaty Energy Corporation announced a Letter of Intent (??LOI?) to enter into a 50/50 Oil and Gas Joint Venture (??JV?) with Discovery Resource Group. The venture could make both companies extremely marketable and attractive to the market place. Initially, Discovery Resource Group (DRG), which is a Delaware limited liability company, will pledge 19 wells from [...]
IB Times Friday, August 07, 2009New Gold Inc. (AMEX: NGD) Beats Street Estimates, Lowers Production CostsIn the mining game, price is the only consideration. How much does it cost to get the commodity out of the ground and how much can it be sold for. If the numbers don’t add up, there is no activity and no company. Some companies, however, work more efficiently than others and can get the [...]
IB Times Friday, August 07, 2009WorldVest, Inc. (WOVT.OB) Expands Its Asian Business DivisionWorldVest Inc. is a global merchant bank that offers not only traditional investment banking, asset management and advisory services, but also makes direct investments as a principal in select high-growth transactions on a global basis. The company’s particular focus is on middle market companies which are often ignored by many financial institutions. WorldVest has announced that [...]
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