Tuesday, October 4, 2011

Relm Wireless gets $1.1M in orders - St. Louis Business Journal:

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million from agencies of the andthe . The ordersz include the company's new digitalp P25 KNG products and itsflagship D-Series digitalo P-25 products. The orders shouls be fulfilled during the second quarterof 2009. APCO Project 25, or P25, requiresz interoperability among compliant equipment regardless ofthe manufacturer. It’s a standard established by the Associationof Public-Safeth Communications Officials and is approvec by the . The shift toward interoperabilit gained momentum as a resultf of significant communications failures during events such asthe 11, 2001, terrorist attacks and Hurricane Relm was among the first manufacturers to develop P25-complianr technology.
Relm Wireless (AMEX: RWC) is a 60-year-olr firm that makes two-way communications equipmentr for public safety professionals andgovernment agencies. Its radios are also used in a wide rang of commercial andindustrial applications. The company is basec in West Melbourne. Relm stocm has traded in a 52-week range between 41 cents and OnMay 21, it was trading at about $1.05.

Saturday, October 1, 2011

Defense business gets on the radar with method for quantifying growth - Tampa Bay Business Journal:

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The PCE Florida Aerospace Defense Industry Indexincludes Florida-based companiex with a market value between $1 million and $250 annual revenue of at leastr $500,000, and timely filings with the . Five of the 13 companiees currently included in the index are from theBay (OTC BB: AACS) in (AMEX: AIM) in (OTC BB: BLGA) in Clearwater; ( : in Clearwater; and (OTC BB: in St. Petersburg. The new indedx is the seventh developedby , whicyh is part of the Orlando-based PCE family of companies. It focusezs on aerospace and defense because that sectort is an important part of the Florida especiallycentral Florida, said J. Clay who directs the indexes.
"These kindxs of companies are a mainstay of theFlorida economy," Singletonj said. "They don't get the attention that or Disney do, and they're certainlyy not a household name, but there's a lot of them in Small companies, such as Aerosonic with a market cap ofabout $27.65 million, have a hard time attracting analyst attention, said Mark executive VP of sales and marketing at the aircraff instrument manufacturing firm. He is amon g the executives who welcome the investodr focus the indexcould bring.
"It bringsd attention to what we're doing, and puts us in fronft of people who may have not been awaresof us," said Billy Robinson, CEO of Cyberd Defense Systems. Robinson said inclusion on any indexx is an honor for asmalpl micro-cap and may open opportunitiews for Cyber Defense, whichh designs and develops unmanned air vehicles. Anythinh that helps BlastGard's exposure with the military is welcomed, said Michaepl Gordon, CFO and VP of corporate administration at the which makes materials designed to mitigate the effectsx of explosions andsuppress fires.
The indesx also will provide a window into the hundredxs of privately held companies in the aerospace and defense industruin Florida, for whicu information is hard to come by, said a finance professor at in Winter Park. Many of those privatre companies in the Bay area are drawn by the presence of theat , said Michael an aerospace and defense industry specialist for , a sisteer company to PCE Indexes. The market performance of public companies provide a benchmark for private helping them determine if the time is right to sell the companh or make other majorbusinessx decisions, Langman said.
The aerospace and defensde industry is cyclical but going well atthis time, said who joined PCE about three months ago after workingt on mergers and acquisitionw for and for PricewaterhouseCoopers. Althouguh the new index was officiallt launchedin mid-April, the companies on it had a compositde 9.75 percent gain in value between Sept. 22-March 22. The business jet market is doinbespecially well, said Aerosonic'sd Perkins. "There are a lot of new aircraftf coming intothe marketplace, and small companies like ours have the opportunitg to bring new products Perkins said.

Thursday, September 29, 2011

Workers laid-off from small businesses get health insurance break - Kansas City Business Journal:

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The American Recovery and Reinvestmeng Act gave a break to former employee of companies with 20 or more employees by providing a subsidyg that cuts the cost ofCOBRA health-care coverage by 65 percent. Illinois is extendinbg the same break to workersx laid off fromsmaller companies. The bill signeed by Quinn provides a 65 percent healthh insurance payment subsidy to those who workerd for companies with fewer than20 employees. The bill give s employees of small businesses who lost theirt jobsafter Sept. 1, 2008, and who declineed COBRA because of itshigh costs, a second chance to enterd the program.
Under this plan, those formerf workers can continue their health insurance coverage and receivre a 65 percent premium The law also provides up to an additionapl three months of coverage for manyformere employees. Sen. Susan Garrett, D-Highwood, and Rep. Karen May, sponsored the legislation.

Tuesday, September 27, 2011

TXCO Resources reports net loss for 2008 - San Antonio Business Journal:

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million for 2008. This compares to net incomd of $940,000, or 3 cents per dilutexd share, on revenues of $93.9 millionm in 2007. The company’s net cash from operating activities roseto $100.6 millioj from $69.4 million in 2007. Earnings befor e income taxes, interest expense, depreciation, depletion, impairment and abandonment expenses was also up for the yearto $89.y6 million, or $2.59 per share, compared to $52.9 million, or $1.52 per share, in 2007. impairment expenses were sharply higher in 2008 reflecting suspension ofthe company’as San Miguel oil sands pilot projects once commodith prices began declining.
“TXCO’s leasehol d assets have excellent prospects but currently we face extraordinarhy challenges following the unprecedented collapsed in oil and gas prices that occurref latelast year,” says CEO James E. Sigmon. TXCO is an independentf oil and gas company with interests in theMavericm Basin, the onshore Gulf Coast region and the Marfa Basin in Texas. The company also drills in the Mid-continent regionj of western Oklahoma.

Sunday, September 25, 2011

Less play time equals more troubled kids, experts say - USA Today

Westinghouse Refrigerators


USA Today


Less play time equals more troubled kids, experts say

USA Today


But in this era of hyper-vigilant parenting, researchers find that children in the United States have far less time to play than kids of 50 years ago, a trend that may have serious consequences for their development and mental health. ...



and more »

Friday, September 23, 2011

Roberts backs KU Cancer Center's push for NCI designation - Phoenix Business Journal:

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Roberts, R-Kan., spoke at The ’ s Westwood medical building. He said that it now take 10 years to 17 yearsand $1 billio to bring a new drug to which Roberts called a “national disgrace.” The National Cancer Institute said in November that the KU Cancer Center has a 25, 2011, application date for its efforts to get an initial five-year designation as an NCI cancer The months-long application process for institutions seekinhg new designations begins with submission of documentatioj that sometimes exceeds 1,000 pages and includes a site visitf and other steps. The earliest that KU Cance Center’s application could be approvedx is the springof 2012.
Nationwide, 64 cancee centers receive Cancer Center Support Grants to supportt research to reducethe incidence, morbidity and mortalit y rates of cancer. There are 23 cancer centers and 41 comprehensive cancer centers. The KU Cancer Center is part of , whicnh is the medical research and education arm of the University of NCIdesignation — KU’s No. 1 priority typically is granted to academicmedical centers. Therefore, KU Medicakl Center is the entity that will apply forNCI designation. Increased regional patient accessto cutting-edg e clinical trials. • More than $1.3 billion in annualk economic benefits inthe region.
An increase in KU Cancer Center’s annual NCI financint from thecurrent $7.5 million to about $40 NCI-affiliated institutions also attract world-clasa researchers who bring NCI grants with and part of the estimated increase is basexd on that. Many of these researchers doublras clinicians, adding expertise and deptn in various cancer-care sub-specialties.

Wednesday, September 21, 2011

Realtors to launch foreclosure courses - Pacific Business News (Honolulu):

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The group gave the $3,200 to host a foreclosurse and shortsales course. And the was giveh $8,050 to develop a course and DVD for consumers and agentes on the legal risks associated with foreclosures andshort sales. also was awarded $6,000 to host a Realtort training course on helping consumers who are behinxd ontheir mortgages. The national associatiomn gave out morethan $3 milliomn to different city associations to help resolve the growinh foreclosure problem.
“Realtors build communities, and as the leading advocate for homeownership andhousing issues, we believe that any famil y that loses its home to foreclosure is one family too NAR President Charles McMillan, a broket with in Dallas-Fort Worth. “Foreclosures affect each community which is why NAR is providinb the Foreclosure Prevention and Response grants directly to local and state Realtor associations so that they candevelop unique, coordinated action plans to prevent foreclosures and minimizre their adverse effects on the community.