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Biostar Raises $3.6 Million

Fri, 06 Nov 2009 17:26:18 GMT

Biostar Pharmaceuticals has completed a private placement that raised $3.6 million in new capital. Biostar will use the proceeds to complete its new raw materials processing facility. By taking its raw material production in house, Biostar will lower costs and ensure its product quality. Biostar plans to sell excess raw materials to other pharmaceutical companies in the Shaanxi province.[More...]

Bulls Back On Track?

Fri, 06 Nov 2009 16:21:18 GMT

Good morning. With chants of "Dow 10K… Dow 10K" once again rising from the streets at the corner of Broad and Wall yesterday, it is easy to believe that the bulls are back on track and that we'll soon be looking at new highs for the stock market. And when reviewing the data inputs to yesterday's 204 point romp, it is also easy to don the Dow10K hat once again and join in on the celebration.[More...]

Ford's Main Problem: The UAW's Crippling Job Classifications And Work Rules

Fri, 06 Nov 2009 13:52:50 GMT

Ford's 2,215 page 2007 master contract with the UAW 1941 UAW-Ford contract[More...]

Your Kind of Day?

Thu, 05 Nov 2009 19:06:48 GMT

As a rule, I try not to read too terribly much into a "Fed Day" as there is usually a big batch of volatility that may or may not mean much of anything come the dawn of the next day. Maybe, it's just me. Or maybe there are others that find themselves inclined to simply stand aside and watch the nuttiness from the sidelines on "Fed Days." But in any event, the volatility after a Fed announcement, while fun to watch, may not be telling as to what to expect in the future.[More...]

The Dollar-Proof Portfolio

Thu, 05 Nov 2009 17:31:14 GMT

Don't put off this important piece of the financial-planning process.[More...]

What Investors Should Look for In Today’s Fed Statement

Wed, 04 Nov 2009 13:04:24 GMT

In its continuing efforts to nurture the fragile economic recovery, the U.S. Federal Reserve is widely expected to leave interest rates at record lows when it concludes its meeting today (Wednesday).[More...]

Are Discount Brokers Shares Worth Owning?

Wed, 04 Nov 2009 01:28:03 GMT

The third quarter was a favorable one for the longs. Except for a few short-lived, minor pullbacks stock prices moved higher through the quarter. Stock price volatility declined, takeover activity rose, and risk appetite improved to help the S&P gain 15%.[More...]

Technology Rises And Buying Facebook

Tue, 03 Nov 2009 16:54:11 GMT

Technology stocks have done well this year. The Technology Select Sector SPDR (XLK) bottomed out in March and by late October was up more than 60%. Tech has performed better than any other sector year-to-date – up 33.7% as of Friday’s close.[More...]

Buffett Gets His Cheque Book Out

Tue, 03 Nov 2009 16:17:34 GMT

Given the slew of positive economic data Monday you might have been forgiven for expecting a decent rebound in risk assets. There was a rebound of sorts in early New York trading, with the Dow up close to 150 points at one stage.[More...]

Five Ways To Ride The Commodities Bull

Tue, 03 Nov 2009 15:21:07 GMT

Commodity prices have faltered in the last couple of weeks, and much of the “smart money” is saying the boom is over. Don’t believe it.[More...]

CE Franklin Ltd. Announces 2009 Third Quarter Results

Tue, 27 Oct 2009 22:49:00 GMT

(millions of Cdn.$ except Three Months Ended Nine Months Ended
The integration of the oilfield supply competitor acquired June 1, 2009 is complete and the Company will continue to focus on its key strategic initiatives," said Michael West, President and Chief Executive Officer.
Net income for the third quarter of 2009 was $0.2 million, down from $5.7 million in the third quarter of 2008.

[More...]

Ivanhoe Energy Canada Appoints Calgary Petroleum Executive David Dyck As President and CEO

Wed, 21 Oct 2009 19:49:00 GMT

Mr. Dyck to head development of Ivanhoe Energy's Canadian operations,
CALGARY, Oct. 21 /CNW/ - Robert Friedland, Executive Co- Chairman, President and CEO of Ivanhoe Energy Inc. (TSX: IE; NASDAQ: IVAN), today announced the appointment of North American petroleum industry executive David Dyck as President and CEO of Ivanhoe Energy Canada Inc., Ivanhoe Energy's subsidiary for operations in Canada.
Mr. Dyck, who has taken up duties in the Calgary headquarters of Ivanhoe Energy Canada, will head the company's team that is developing the Tamarack heavy-oil project in Alberta's Athabasca oil sands, including the application of Ivanhoe's proprietary Heavy-to- Light (HTL) heavy-oil upgrading technology.

[More...]

CE Franklin Ltd. Announces 2009 Second Quarter Results

Thu, 23 Jul 2009 20:55:00 GMT

(millions of Cdn.$ except Three Months Ended Six Months Ended
"CE Franklin delivered solid results in the second quarter, significantly outperforming market activity.
The integration of an oilfield supply competitor acquired June 1, 2009 is proceeding well and will strengthen the Company's competitive position and profitability going forward," said Michael West, President and Chief Executive Officer.

[More...]

CE Franklin Ltd. Switches to the NASDAQ Stock Market

Thu, 02 Apr 2009 22:00:00 GMT

CALGARY, April 2 /CNW/ - CE Franklin Ltd. (TSX.CFT, NYSE Alternext US: CFK) announced today that its board of directors has approved management's decision to switch the listing of its common stock from the NYSE Alternext US stock exchange ("Alternext") to the NASDAQ Stock Market LLC ("NASDAQ").
The company's shares will commence trading on the NASDAQ Global Market on Tuesday, April 14, 2009 under its current symbol, "CFK".
"This decision was reached after careful consideration of capital market alternatives and analysis of the electronic market model, which provides added visibility to our investors," said Michael West, President and Chief Executive Officer of CE Franklin Ltd. "We believe that NASDAQ's electronic multiple market maker structure will provide our company with enhanced exposure and liquidity, while at the same time providing investors with the best prices, the fastest execution, and the lowest cost per trade.

[More...]

NASDAQ OMX Announces Second Quarter 2009 New Listings Statistics

Thu, 16 Jul 2009 17:03:00 GMT

The NASDAQ OMX Group, Inc. today announced that The NASDAQ Stock Market ) captured a total of 18 new listings, highlighted by the initial public offerings of Chinese game developer Changyou.com , online reservation management provider OpenTable and Medidata Solutions , a provider of hosted clinical data solutions.[More...]

CE Franklin Ltd. - Conference call announcement

Thu, 02 Jul 2009 21:00:00 GMT

SECOND QUARTER 2009 RESULTS AND DISCUSSION Friday, July 24, 2009 11:00 a.m., Eastern Time[More...]

CE Franklin Ltd. Acquires Western Canadian Oil Field Equipment Distributor

Mon, 01 Jun 2009 12:49:00 GMT

CALGARY, June 1 /PRNewswire-FirstCall/ - CE FRANKLIN LTD. announced today that it has acquired a Western Canadian oil field equipment distributor . The transaction will be financed from existing bank credit facilities.[More...]

CE Franklin Ltd. to Present at NYSSA 12th Annual Energy Equipment and Services Conference

Thu, 14 May 2009 14:03:00 GMT

CE FRANKLIN LTD. (TSX: CFT, NASDAQ: CFK) today announced that Michael West, President and Chief Executive Officer, will be presenting at the NYSSA 12th Annual Energy Equipment and Services Conference in New York, NY on Tuesday, May 19, 2009 at 11:00 a.m. (EDT). Investors may access a web cast of this presentation on the CE Franklin Ltd. website; www.cefranklin.com.[More...]

CE Franklin Ltd. Announces 2009 First Quarter Results

Tue, 28 Apr 2009 17:50:00 GMT

"Our diversification strategies continue to progress, offsetting the decline in activity levels that has affected our core oilfield supply business," said Michael West, President and CEO.
Net income for the first quarter of 2009 was $6.0 million, down $0.3 million from the first quarter of 2008.
The weighted average number of shares outstanding during the first quarter decreased by 0.3 million shares (2%) from the prior year period principally due to shares purchased for cancellation pursuant to the Company's Normal Course Issuer Bid.

[More...]

CE Franklin Ltd. - First Quarter 2009 Results Webcast and Conference Call - April 29, 2009

Wed, 22 Apr 2009 09:55:00 GMT

TORONTO, April 22 /CNW/ - Notification of First Quarter 2009 Results Webcast and Conference Call event: CE Franklin Ltd. (AMEX: CFK) (TSX: CFT.)[More...]