Bestotc's Personal Finance Blog

Source Capital, Inc. (NYSE:SOR) reported the Total Net Assets and Net Asset Value per Common Share at quarter end September 30, 2011After payment of $2.85 per share on the Common Stock during the 12-month period ended September 30, 2011

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Revenues Increase 44.4%; Net Income at $0.05 Per Diluted Share




Schmitt Industries, Inc. (Nasdaq:SMIT) announced its operating results for the first quarter ended August 31, 2011. Sales for the three months ended August 31, 2011 increased $1,067,018, or 44.4%, to $3,471,485 compared to $2,404,467 for the same period last year. Net income for the first quarter ended August 31, 2011 was $137,028, or $.05 per diluted share, compared to a net loss of $112,625, or $.04 per diluted share, for the same period last year.

"We are pleased with the improvement we are seeing in both the Balancer and Measurement business segments this quarter. We are excited about the newer products we have developed and introduced over the past two years," commented Wayne A. Case, CEO of Schmitt Industries. "These new product introductions have positioned the Company for new growth opportunities. We have also started to see increased sales of the Xact(TM) product line. We have recently signed a pricing contract with a major Canadian propane supplier while additional pricing and service contracts are being negotiated with other major North American propane suppliers. The Xact(TM) product line is expected to be an important contributor to the Company's future growth," Case concluded.

Jim Fitzhenry, President of Schmitt Industries, added, "As our financial results indicate, we are seeing a gradual recovery in our markets after a long period of decline. During this time period, we have been careful with our expenditures, focusing our resources on new product development and enhancing our sales organization and distribution channels. We have started to see the positive results of those investments as evidenced by two consecutive quarters of profitability. We are continuing to work hard to return the Company to consistent profitability while also monitoring developments in the global economy as it relates to manufacturing," Fitzhenry concluded.

Schmitt Industries, Inc. designs, manufactures and markets computer-controlled vibration detection and balancing equipment (the Balancer segment) primarily to the machine tool industry. Through its wholly owned subsidiary, Schmitt Measurement Systems, Inc., the Company designs, manufactures and markets precision laser-based surface measurement products for a wide variety of commercial applications in addition to the disk drive, silicon wafer and optics industries; laser-based distance measurement products for a wide variety of industrial applications; and ultrasonic measurement products that accurately measure the fill levels of large liquefied propane tanks and transmit that data via satellite to a secure web site (the Measurement segment). The Company also sells and markets its products in Europe through its wholly owned subsidiary, Schmitt Europe Ltd. located in the United Kingdom.

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Crown Equity Holdings Inc. (CRWE)

Crown Equity Holdings Inc., together with its digital network, currently provides electronic media services specializing in online publishing, which brings together targeted audiences and advertisers. Crown Equity Holdings Inc. offers internet media-driven advertising services, which covers and connects a range of marketing specialties, as well as search engine optimization for clients interested in online media awareness.

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Symmetricom Inc (Nasdaq:SYMM) announced that its best-in-class IEEE 1588 solutions have now been deployed in over 100 networks globally. This milestone signifies strong momentum for PTP among operators and equipment vendors for frequency and phase (timing) synchronization.

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Majestic Gold Corp. (MJGCF.PK)

Majestic Gold Corp. engages in the exploration and development of mineral properties in China. The company focuses on its gold project located in the prolific gold region of Song Jiagou in eastern Shandong Province. Majestic Gold Corp. is headquartered in Vancouver, Canada.

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Casual Male Retail Group, Inc. (Nasdaq:CMRG) the leading retailer of men's big and tall apparel, has opened a new DestinationXL in Warwick, RI. Located at 800 Bald Hill Rd, DXL is a new men's superstore catering to the many fashionable needs of today's big & tall man.

Casual Male Retail Group, Inc., together with its subsidiaries, operates as a specialty retailer of men's apparel in the United States, Canada, and Europe.

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Casual Male Retail Group, Inc. (Nasdaq:CMRG) the leading retailer of men's big and tall apparel, has opened a new DestinationXL in Warwick, RI. Located at 800 Bald Hill Rd, DXL is a new men's superstore catering to the many fashionable needs of today's big & tall man.

Casual Male Retail Group, Inc., together with its subsidiaries, operates as a specialty retailer of men's apparel in the United States, Canada, and Europe.

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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. Recognizing the many economic and operational advances of converting wood waste into renewable sources of energy, Cleantech has selected to invest in Phoenix Energy (www.phoenixenergy.net). This project could benefit the Company's manufacturing clients worldwide.

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Leap Wireless International Inc. (Nasdaq:LEAP) announced that it plans to release financial and operational results for the third quarter ended September 30, 2011, after market close on Monday, October 31, 2011.

Leap Wireless International, Inc., together with its subsidiaries, provides digital wireless services under the 'Cricket' brand name in the United States.


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Crown Equity Holdings Inc. (CRWE)

Internet has given a real power to the world for accelerating the business returns through online marketing channels. As expected the competition is also getting tighter and tighter on internet. So, a unique business idea or a website satisfying designing needs is not just an end. Griping all of your strengths with an absolute internet marketing strategy is what you need at each step of selling online.

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Canadian Solar Inc. (Nasdaq:CSIQ) announced that it has supplied 636,000 solar modules for the world's largest solar complex in southern Brandenburg, Germany. Canadian Solar provided 148 MW of the system's total 166 MW to its two partners, saferay and GP JOULE. A portion of the system's core output, approximately 78 MW, was implemented by saferay.

Canadian Solar Inc. engages in the design, development, manufacture, and sale of solar power products in Canada and internationally.

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Asia Entertainment & Resources Ltd. (Nasdaq:AERL) announced unaudited Rolling Chip Turnover for the month of September 2011 at the company's VIP rooms in Macau was US$1.916 billion, up 189% year-over-year compared to US$644 million for the month of September 2010.For the first nine months of 2011, AERL's Rolling Chip Turnover was US$14.357 billion (an average of $1.595 billion per month), up 113% year-over-year, compared to US$6.734 billion (an average of $748 million per month) for the first nine months of 2010. Macau gross gaming revenue increased 46% for the first nine months of 2011.

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The Remediation and Construction Management segment of Tetra Tech, Inc. (NASDAQ:TTEK) provides various services, including program management, engineering, procurement and construction, construction management, and operations and maintenance. This segment focuses on the U.S. federal construction management; environmental remediation, including UXO; wetland restoration; energy projects, such as wind, solar, nuclear, and other alternative energies; and communications development.



Tetra Tech, Inc. announced recenty that it has been awarded a contract valued at up to $55 million to continue its support for high priority pollution prevention programs, including evaluating innovative technologies and providing research and development support to the U.S. Environmental Protection Agency (USEPA) Office of Research and Development, National Risk Management Research Laboratory. The new Scientific, Technical, Research, Engineering, and Modeling Support (STREAMS) II contract is a successor to the FEATS and STREAMS contracts that Tetra Tech previously held since 2000.

Under the five-year contract, Tetra Tech will support the development and evaluation of technologies and tools to prevent or reduce pollution of air, land, and water, and restore ecosystems. Tetra Tech will also perform treatability studies and pilot-scale investigations, support field activities including risk assessments and site characterization, develop and evaluate models, and provide technical support to various programs including the USEPA Superfund Program, the Resource Conservation and Recovery Act (RCRA) Program, and the USEPA Office of Water, among other USEPA organizations.

For more information about Tetra Tech, please visit: www.tetratech.com

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Global Hunter (GBLHF.PK)

Molybdenum is a metallic element which is most frequently used as an alloying addition in alloy and stainless steels. Its alloying versatility is unmatched because its addition enhances strength, hardenability, and weldability, toughness, and elevated temperature strength and corrosion resistance. Although molybdenum is primarily used in steels, its complex and unique properties have proved invaluable in a constantly expanding range of other alloy systems and chemicals.

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SJW Corp. (NYSE:SJW) announced that the Company will release its third quarter 2011 financial results after the close of the market on Wednesday, October 26, 2011. W. Richard Roth, President and Chief Executive Officer, and James P. Lynch, Chief Financial Officer and Treasurer, will review the results in a webcast presentation at 10:00 AM (PT) on October 27, 2011.

SJW Corp., through its subsidiaries, engages in the production, purchase, storage, purification, distribution, wholesale, and retail sale of water.

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Oasis Petroleum Inc. (NYSE:OAS) announced that the lenders under its revolving credit agreement completed their regular semi-annual redetermination of the borrowing base, resulting in an increase to the borrowing base from $137.5 million to $350 million. In addition, the interest rate under the Oasis credit agreement was reduced and now ranges from LIBOR plus 150 bps to LIBOR plus 250 bps depending on borrowing base utilization.

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Barnes Group Inc. (NYSE:B) announced that it has entered into a new five-year, $500,000,000 senior unsecured revolving credit agreement. This new financing agreement replaces the Company's existing $400,000,000 facility that was to expire in September 2012. Bank of America, N.A. is the Administrative Agent for the 15 lenders participating in the new 5-year facility. The facility will be used for working capital, capital expenditures and other corporate purposes.

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Crown Equity Holdings Inc. (CRWE)

Internet marketing consisted mostly of having a website or placing banner ads on other websites. On the other end of the spectrum, there are loads of companies telling you that you can make a fortune overnight on the Internet and who try to sell you some form of "Internet marketing program".

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The Babcock & Wilcox Company (NYSE:BWC) and Generation mPower LLC (Generation mPower) will dedicate the unique B&W mPower™ Integrated System Test (IST) facility in Bedford County, Va., at a ceremony today. The facility is located at the Center for Advanced Engineering and Research (CAER) at the New London Business & Technology Center.

The Babcock & Wilcox Company provides clean energy technology and services primarily for the nuclear, fossil, and renewable power markets worldwide.


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Global Hunter (GBLHF.PK)

Global Hunter's focus is on strategic and base metals, with an advanced stage copper oxide project in Chile and a highly prospective molybdenum property in British Columbia, Canada. GBLHF teams are working on developing the Corona de Cobre property in Chile and the Rabbit south property in British Columbia.

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KBR, Inc. (NYSE:KBR) announced that its Board of Directors has declared a quarterly cash dividend of five cents ($0.05) per share on the company's common stock, payable January 17, 2012, to shareholders of record at the close of business on December 15, 2011.

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Regency Energy Partners LP Comm (NYSE:RGP) announced the commencement of an underwritten public offering of 10,000,000 common units representing limited partner interests in Regency.

Regency Energy Partners LP engages in the gathering, treating, processing, compression, and transportation of natural gas and natural gas liquids (NGLs).


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Chemtura Corporation, with 2010 sales of $2.8 billion, is a global manufacturer and marketer of specialty chemicals, agrochemicals and pool, spa and home care products.

Chemtura Announces Supply Agreement for Thioester Antioxidants






Chemtura Corporation (NYSE:CHMT) has signed a long-term supply agreement with Tianjin Lisheng Chemical Co. Ltd. of PR China for production of Chemtura’s NAUGARD® DSTDP, NAUGARD® DLTDP and NAUGARD® DTDTDP thioester antioxidants. Under the agreement, Lisheng exclusively supplies Chemtura with thioester antioxidants in all regions outside of Northeast Asia.

“Tianjin Lisheng Chemical Co. has proven expertise in the manufacture of high-quality thioester antioxidants and can support future growth through its new, backward-integrated production facility,” said Peter Smith, president and general manager, Chemtura Antioxidants & UV Stabilizer business, a leading global supplier of antioxidants, intermediates and inhibitors, polymer modifiers and UV stabilizer solutions.

“We are delighted that Chemtura brings a worldwide sales and logistics network to our alliance, together with outstanding technical and regulatory expertise,” said Shanzhao Wan, president, Tianjin Lisheng Chemical Co., a major manufacturer of antioxidants and chief factory of the Chinese National Association Team of Antioxidants Producers.

Antioxidants & UV Stabilizers

Chemtura’s Antioxidants & UV Stabilizers business offers the widest range of performance-based polymer additives in the industry as well as exceptional cost-performance solutions and outstanding service locally through integrated plants and supply chains. Chemtura customers benefit from the company’s proprietary, Non Dust Blend (ANOX® NDB® stabilizer blend) technology, which allows thioesters to be synergistically blended with other additives and extruded into compact pellets using a patented process unique to Chemtura.

Additional information concerning Chemtura is available at www.chemtura.com.

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Crown Equity Holdings Inc. (CRWE)

VoIP or Voice-over-Internet-Protocol is a technology that routes voice signals over the Internet or any other IP-based network. Also called Internet telephony, IP telephony or digital phone, VOIP phone calls can be made three ways. (1) From computer to computer with the use of VoIP software. (2) Using an IP phone that converts your voice into data packets. (3) Using a traditional phone connected to an ATA (analog terminal adaptor) that converts your voice into digital form. Your computer, IP phone or ATA plugs into a broadband Internet connection and the voice data packets are sent over the Internet to the recipient.



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LodgeNet Interactive Corporation (Nasdaq:LNET) discussed emerging media consumption trends among travelers and commented on how the company's strategy incorporates those trends.

LodgeNet Interactive Corporation provides interactive media and connectivity solutions for the hospitality industry in the United States, Canada, and Mexico.


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Global Hunter (GBLHF.PK)

Global Hunter's focus is on strategic and base metals, with an advanced stage copper oxide project in Chile and a highly prospective molybdenum property in British Columbia, Canada. GBLHF teams are working on developing the Corona de Cobre property in Chile and the Rabbit south property in British Columbia.

Read the full article and the disclaimer at:http://bestotc.com/18622/stock-alerts/gblhf-feed-mjgcf-tgal-scei-stocks-in-review-by-bestotccom/

Aetrium Inc. (Nasdaq:ATRM) announced that it now expects revenue for its third quarter ending September 30, 2011 to be approximately $1.5 million, significantly below its second quarter 2011 revenue of $3.3 million.

Aetrium Incorporated, together with its subsidiaries, designs, manufactures, and markets electromechanical equipment used by the semiconductor industry to handle and test integrated circuits (ICs).

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NeuroMetrix Inc. (Nasdaq:NURO) announced the appointment of Kenneth J. Snow, M.D. as Chief Medical Officer. The appointment was effective October 3, 2011.

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Mannatech Inc. (Nasdaq:MTEX) announced findings from a randomized, double-blind, placebo-controlled trial involving more than 100 healthy adults and its Ambrotose® complex powder.

Mannatech, Incorporated engages in the development and sale of nutritional supplements, topical and skin care products, and weight-management products.


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MediciNova Inc. (Nasdaq:MNOV) announced the appointment of Mr. Tatsuo Izumi to its Board of Directors.

MediciNova, Inc., a biopharmaceutical company, engages in the acquisition and development of small-molecule therapeutics for the treatment of serious diseases for the United States market.


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