| BioQuest Technologies Announces Agreement with Tire Kingdom to Produce Private Label Retail Wheel Cleaner and Driveway ...
JUPITER, Fla.--BioQuest Technologies, Inc., (Pink Sheets:BQTG), a leading developer of innovative, environmentally safe antimicrobial products, today announced an agreement with Tire Kingdom to produce private label retail wheel cleaner and driveway cleaner. Tire Kingdom operates over 600 stores with more than 7,000 employees. The company serves millions of customers on an annual basis. The product will retail in all Tire Kingdom retail locations in the U.S. "Now millions of loyal customers who believe in Tire Kingdom, their quality service and wide spectrum of automotive products will be able to purchase our proven effective cleaner," said Arne Rotne, President of BioQuest Technologies, Inc. "The relationship with Tire Kingdom is growing into a very profitable one for both parties with the addition of our DX-12 blended products being private labeled by the largest independent tire and automotive retailer in the U.S.
GURU Partners, L.L.C. Announces New Marketing Client Partnership with TRS-RenTelco
Full-service marketing and advertising agency, GURU Partners, signs agreement with TRS-RenTelco to provide strategic design services. GURU Partners will design TRS-RenTelco's new trade show image to bolster their brand with effective integrated marketing communications. .
SPX Reports Second Quarter 2007 Results
CHARLOTTE, N.C. (Map) - SPX Corporation (NYSE: SPW) today reported results for the second quarter ended June 30, 2007: Chris Kearney, Chairman, President and CEO said, "Our second quarter results were strong, as we achieved or exceeded our operating targets for organic growth, margin improvement and earnings, building on the strong trends in the first quarter." .
RAND Study: Wind Insurance Scarce on Gulf Coast; Challenge for Both Insurers, Government
Many businesses along the Gulf of Mexico coast have had a difficult time obtaining wind insurance coverage since Hurricanes Katrina, Rita, and Wilma hit in 2005 and have often ended up paying more than twice as much for the insurance as they did previously, according to a recent RAND Corp. study. Gulf Coast businesses are also paying higher wind insurance deductibles while getting lower limits on policy coverage, the study by the nonprofit research organization found. That means businesses are spending more for less protection from hurricanes, tornadoes and other major wind storms. Because they have been increasingly unable to purchase coverage in the regulated, insurance market, business have often turned to state-run residual insurance markets that provide limited insurance to businesses unable to find insurance elsewhere, according to the study conducted for the RAND Gulf States Policy Institute by the RAND Institute for Civil Justice.
Stratos Announces Second-Quarter 2007 Financial Results
BETHESDA, MD, July 31 /PRNewswire-FirstCall/ - Stratos Global Corp. (TSX: SGB), the world's trusted leader in delivering vital voice, data, and IP communication services today announced financial results for the second quarter ended June 30, 2007. Second-Quarter Highlights - Revenue up 8 percent to US$149.9 million from the same quarter a year ago and 4 percent on a sequential quarterly basis. - Segment earnings(x) reach US$23.9 million, up 64 percent from the second quarter of 2006 and 29 percent compared with the first quarter of this year. - Net earnings total US$6.6 million in the quarter driven by strong operating results in the Mobile Satellite Services (MSS) business and an after-tax gain related to the Gulf of Mexico final hurricane insurance settlement. Adjusted net earnings (as described below) total US$7.6 million, or US$0.18 per share, compared with a net loss of US$1.8 million, or US$0.04 per share, in the same quarter of 2006.
EMS Technologies Announces Second Quarter Earnings Growth
ATLANTA, Aug. 1, 2007 (PRIME NEWSWIRE) -- EMS Technologies, Inc. (NasdaqGS:ELMG - News) today announced second-quarter revenues of $72.1 million and earnings from continuing operations of $3.6 million, or $.23 per share. These 2007 earnings were over 50 percent higher than the results for the comparable period one year earlier, when EMS earned $2.2 million from continuing operations, or $.15 per share, on revenues of $65.0 million. The Atlanta-based developer and producer of advanced communications products reported continued revenue growth momentum in all segments of its business. Commenting on the Company's performance, Paul Domorski, president and CEO, stated, ``EMS Technologies executed well in the second quarter, marking our sixth consecutive period of quarter-over-comparable-quarter earnings increases.
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