industry / Top Stories
Mastro gets hearing on Washington chargesCommercial real estate developer Michael R. Mastro has asked for a hearing from Washington state regulators who earlier this month filed charges against him for violating the state's Securities Act.
Biz Journal Friday, October 30, 2009FHLB of Boston posts $105M Q3 lossThe Federal Home Loan Bank of Boston, a key source of funding for New England lenders, said it lost $105.4 million in the third quarter as soured investments in mortgage-backed securities continue to erode the wholesale bank's capital base.
Biz Journal Friday, October 30, 2009Dreams, Inc. (DRJ) Signs New Web Syndication Deal with the Minneapolis Star-TribuneDreams, Inc., a leader in licensed sports products, has reported a web syndication deal with the Minneapolis Star-Tribune, one of the nationâ??s highest circulation newspapers. The new agreement will provide Dreams another outlet for licensed sports products and provide their new media partner with an additional stream of income. Dreams has previously obtained other major [...]
IB Times Friday, October 30, 2009Reflect Scientific, Inc. (RSCF.OB) Receives Most Innovative Product AwardReflect Scientific, Inc., a provider of energy efficient, zero emission cooling products, excitedly announced that it received the award for Most Innovative Products at Utah’s Green Business Awards in Salt Lake City, Utah. The award recognizes companies, communities and individuals in Utah who are making strides in environmental sustainability. Reflect Scientific received recognition for its refrigeration [...]
IB Times Friday, October 30, 2009Pacific WebWorks, Inc. (PWEB.OB) Announces 210% Increase in RevenueToday, Pacific WebWorks, Inc. announced that it expects revenues of at least $28.5MM in 2009, representing an increase of 210% over the $9.2MM revenue in 2008. The estimation is consistent with an October 10th analyst report. The market for application software, Pacific WebWorkâ??s primary focus, is expected to grow at a healthy rate during the [...]
IB Times Friday, October 30, 2009Claimsnet.com, Inc. (CLAI.OB) Reports Third Quarter LossClaimsnet.com reported revenues of $565,000 in its third quarter, up 7% on a year over year basis. The companyâ??s net loss for the quarter was $69,000, or $0.00 per share. During the same quarter in 2008, the company lost $161,000 or $0.01 per share. Claimsnet.com cut its selling, general and administrative expenses by $45,000 from the [...]
IB Times Friday, October 30, 2009FHLBank sees lower profits, ROE in 3QThe Federal Home Loan Bank of Cincinnati saw its assets and net income fall in its third quarter, while the recession continued to affect demand for its services from member banks.
Biz Journal Friday, October 30, 2009Acxiom Corp. (ACXM) Partners with Kynetx to Offer an Unprecedented E-commerce Interoperability SolutionAcxiom Corp. (ACXM) Partners with Kynetx to Offer an Unprecedented E-commerce Interoperability Solution Acxiom® Corporation announced a bold new initiative to tie together multiple websites through a partnership with Kynetx Inc., which will result in leveraging the proprietary Kynetx platform to allow consumers to personalize their shopping and browsing experience. Kynetx is a pioneer and [...]
IB Times Friday, October 30, 2009Newport Digital Technologies, Inc. (NPDT.OB) Announces QualityStocks CoverageNewport Digital Technologies, Inc. announced they will be featured in upcoming Daily Newsletters, Daily Blogs, and Message Boards. QualityStocks has over 750,000 subscribers to The Daily Stock Newsletter, which is a free service that collects data from hundreds of Small-Cap and Micro-Cap online Investment Newsletters and puts it all into one Free Daily Newsletter Report. Newport [...]
IB Times Friday, October 30, 2009Chevron: NDRC Approves 1st Phase of $4.7B China Gas ProjectChevron said Friday the first phase of its $4.7 billion Chuandongbei
natural gas project in China has been approved by China's economic planning agency.
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