Utek Corp
News and Blogs

Total : 86 View more »
Utek closes acquisition of Social Technologies Group
www.bizjournals.com | Oct 10, 2008
D.C.-based Social Technologies, a global research and consulting firm, has a clientele that includes Motorola, PepsiCo, McDonalds, Shell, Honda and Mars. Utek (AMEX:UTK), a Tampa, Fla.-based business development company, now has more than 110 employees in five countries.
http://www.bizjournals.com/washington/stories/2008/10/06/daily77.html?ana=from_rss
Utek partners with Air Products (at bizjournals.com)
us.rd.yahoo.com | Sep 9, 2008
Founded in 1940, Air Products (NYSE: APD) provides atmospheric gases, process and specialty gases, performance materials and equipment and services for customers in industrial, energy, technology and healthcare markets. Headquartered in Allentown, Penn.
UTEK slips to Q2 loss; intends to pursue further strategic ... - Forbes
www.forbes.com | Aug 8, 2008
(Adds details of APS deal) LONDON (Thomson Financial) - UTEK Corp. slipped to a second-quarter loss on higher expenses and lower revenue and said it intends to pursue additional strategic acquisitions.
http://www.forbes.com/afxnewslimited/feeds/afx/2008/08/08/afx5303226.html
Base Metals: Halftime Update
www.istockanalyst.com | Jul 29, 2008
It's been a banner year for commodities - unless you stuck with the hard and unshiny kind. The copper/aluminum stagnationOversupply issuesA Chinese slowdown?[More...]
http://www.istockanalyst.com/article/viewarticle+articleid_2447875.html
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Q3 2008 General Motors Corp. Earnings Release - Time Not Supplied (CCBN)
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Tech advisory firm Strategos to be acquired -- chicagotribune.com
Chicago-based technology consulting firm Strategos is being acquired by UTEK Corp., a company that connects universities with businesses interested in accessing technology developed at academic institutions.
http://www.chicagotribune.com/business/chi-thu_deal0228feb28,0,2745783,email.story
News from Zibb.com
Total : 7 View more »
DIARY - Non-S&P 500 Earnings for Friday Nov 07, 2008 - Zibb.com
Nov 07, 2008 (XFN via COMTEX) --
- Weekly
S&P 500 Earnings - Day Ahead
Non S&P 500 - Weekly
S&P 500 Earnings - Monthly
ConferenceCall/Webcast - Weekly ConferenceCall/Webcast - Day
Meetings - Weekly
Meetings - Day Ahead
Economic Indicators
IPO events
Dividends
Daily earnings hits & misses
Federal Reserve events
NON S&P EARNINGS
DATE GMT COMPANY NAME AND PERIOD
SYMBOL EPS No.OF YEAR AGO
ESTIMATE EST EPS 07 Nov
Q1 Aceto
0.16 1
0.26 07 Nov
Q1 U.S. Global Investors
N/A N/A
N/A 07 Nov
Q3 AIRCASTLE LTD
0.41 4
0.49 07 Nov
Q3 Alamo Group
0.38 2
0.33 07 Nov
Q3 Applied Energetics, Inc.
-0.02 1 -0.07 07 Nov BMO Q3 Arbor Realty Trust
0.49 2
0.70 07 Nov BMO Q3 Calpine Corporation
0.33 4
N/A 07 Nov
Q3 Constellation Energy Partners LLC
0.28 3
0.37 07 Nov
Q3 Cooper Tire & Rubber
-0.89 3
0.28 07 Nov
Q3 CROSSTEX ENERGY INC
0.03 4
0.05 07 Nov
Q3 Crosstex Energy, L.P.
-0.15 7 -0.10 07 Nov
Q3 Double Eagle Petroleum and Mining
N/A N/A -0.08 07 Nov
Q3 DOV Pharma. INC
N/A N/A
N/A 07 Nov
Q3 Employers Hldngs, Inc
0.41 4
0.55 07 Nov
Q3 EPICEPT CORP
N/A N/A -0.20 07 Nov
Q3 FX Energy
-0.04 1
0.00 07 Nov
Q3 Harken Energy Corporation
N/A N/A
N/A 07 Nov
Q3 Hooper Holmes
N/A N/A -0.04 07 Nov BMO Q3 Inhibitex, Inc.
-0.10 1 -0.11 07 Nov
Q3 Intelli-Check
N/A N/A
N/A 07 Nov
Q3 Kowabunga! Inc.
-0.01 2
0.00 07 Nov BMO Q3 LifePoint Hospitals, Inc.
0.61 23
0.55 07 Nov
Q3 LIMCO PIEDMONT INC
0.09 3
0.13 07 Nov
Q3 METALICO INC
0.15 4
0.17 07 Nov
Q3 Mirant
1.09 6
1.14 07 Nov
Q3 National Dentex
0.24 1
0.23 07 Nov
Q3 Neurogen Corporation
-0.17 1 -0.19 07 Nov
Q3 New Dragon Asia Corporation
N/A N/A
N/A 07 Nov BMO Q3 Newcastle Investment Corp.
0.39 2
0.66 07 Nov
Q3 NutraCea
-0.03 1 -0.03 07 Nov
Q3 Osteotech
0.02 2
0.09 07 Nov
Q3 Pacific Mercantile Bank
N/A N/A
N/A 07 Nov
Q3 PATRIOT CAPITAL FUNDING INC
0.29 7
0.22 07 Nov
Q3 Protection One
N/A N/A
N/A 07 Nov
Q3 Realogy Corporation
0.08 5 0.37 07 Nov
Q3 Reliant Energy
-0.19 9
0.42 07 Nov
Q3 REX ENERGY CORPORATION
0.06 6
0.02 07 Nov
Q3 Salem Comm. Corporation
0.06 3
0.10 07 Nov
Q3 Santander BanCorp
0.21 3 -0.27 07 Nov
Q3 Saul Centers
N/A N/A
0.43 07 Nov BMO Q3 SCOLR PHARMA INC
N/A N/A
N/A 07 Nov
Q3 Sotheby's
-0.24 4 -0.33 07 Nov
Q3 Spectrum Pharma.s Inc
-0.33 3 -0.24 07 Nov BMO Q3 Stoneridge
0.05 2
0.11 07 Nov BMO Q3 Sun Communities
-0.15 1 -0.24 07 Nov
Q3 Sunrise Senior Living
-0.31 3
N/A 07 Nov
Q3 Superior Industries
-0.08 4
0.06 07 Nov
Q3 TETRA Tech.
0.22 7
0.26 07 Nov
Q3 The E.W. Scripps Co.
0.10 6
1.60 07 Nov BMO Q3 Toreador Resources
-0.30 1 -0.46 07 Nov
Q3 TransMontaigne Partners L.P.
0.47 3
0.47 07 Nov
Q3 Trump Entertainment Resorts
0.05 3
0.21 07 Nov
Q3 UTEK CORP
N/A N/A
N/A 07 Nov BMO Q3 Verso Paper
0.14 3
N/A 07 Nov
Q3 Westar Energy, Inc.
0.78 7 0.99
** All times are listed in GMT, or AMC - 'After U.S. Market Close'- or BMO 'Before U.S.
Market Opens'- BMO ,or DBH- During U.S. business hours, or blank if not known.
* The EPS estimate figure is a mean average based on the amount polled.
FOR ALL AMERICAN HOLIDAYS
FOR AN INDEX OF ALL DIARIES
Contact: Global Filings hotline number on +91 80 6677 1440,
or e-mail diaries@reuters.com or noorulain.saleem@reuters.com COPYRIGHT
Copyright Thomson Reuters 2008. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
MMMM
Tags: asia bank dividends earnings e-mail energy entertainment eps federal reserve index investment ipo market mining petroleum rubber S&P
DIARY - Non-S&P 500 Earnings from Nov 07, 2008 - Nov 21, 2008 - Zibb.com
Nov 07, 2008 (XFN via COMTEX) --
- Monthly
S&P 500 Earnings - Day Ahead
S&P 500 Earnings - Weekly
Non S&P 500 - Day Ahead
ConferenceCall/Webcast - Weekly ConferenceCall/Webcast - Day
Meetings - Weekly
Meetings - Day Ahead
Economic Indicators
IPO events
Dividends
Daily earnings hits & misses
Federal Reserve events
NON S&P 500 EARNINGS
** Please Note- The EPS estimate figure is a mean average based on the amount polled.
DATE GMT COMPANY NAME AND PERIOD
SYMBOL EPS No.OF YEAR AGO
ESTIMATE EST EPS 07 Nov
Q1 Aceto
0.16 1
0.26 07 Nov
Q1 U.S. Global Investors
N/A N/A
N/A 07 Nov
Q3 AIRCASTLE LTD
0.41 4
0.49 07 Nov
Q3 Alamo Group
0.38 2
0.33 07 Nov
Q3 Applied Energetics, Inc.
-0.02 1 -0.07 07 Nov BMO Q3 Arbor Realty Trust
0.49 2
0.70 07 Nov BMO Q3 Calpine Corporation
0.33 4
N/A 07 Nov
Q3 Constellation Energy Partners LLC
0.28 3
0.37 07 Nov
Q3 Cooper Tire & Rubber
-0.89 3
0.28 07 Nov
Q3 CROSSTEX ENERGY INC
0.03 4
0.05 07 Nov
Q3 Crosstex Energy, L.P.
-0.15 7 -0.10 07 Nov
Q3 Double Eagle Petroleum and Mining
N/A N/A -0.08 07 Nov
Q3 DOV Pharma. INC
N/A N/A
N/A 07 Nov
Q3 Employers Hldngs, Inc
0.41 4
0.55 07 Nov
Q3 EPICEPT CORP
N/A N/A -0.20 07 Nov
Q3 FX Energy
-0.04 1
0.00 07 Nov
Q3 Harken Energy Corporation
N/A N/A
N/A 07 Nov
Q3 Hooper Holmes
N/A N/A -0.04 07 Nov BMO Q3 Inhibitex, Inc.
-0.10 1 -0.11 07 Nov
Q3 Intelli-Check
N/A N/A
N/A 07 Nov
Q3 Kowabunga! Inc.
-0.01 2
0.00 07 Nov BMO Q3 LifePoint Hospitals, Inc.
0.61 23
0.55 07 Nov
Q3 LIMCO PIEDMONT INC
0.09 3
0.13 07 Nov
Q3 METALICO INC
0.15 4
0.17 07 Nov
Q3 Mirant
1.09 6
1.14 07 Nov
Q3 National Dentex
0.24 1
0.23 07 Nov
Q3 Neurogen Corporation
-0.17 1 -0.19 07 Nov
Q3 New Dragon Asia Corporation
N/A N/A
N/A 07 Nov BMO Q3 Newcastle Investment Corp.
0.39 2
0.66 07 Nov
Q3 NutraCea
-0.03 1 -0.03 07 Nov
Q3 Osteotech
0.02 2
0.09 07 Nov
Q3 Pacific Mercantile Bank
N/A N/A
N/A 07 Nov
Q3 PATRIOT CAPITAL FUNDING INC
0.29 7
0.22 07 Nov
Q3 Protection One
N/A N/A
N/A 07 Nov
Q3 Realogy Corporation
0.08 5 0.37 07 Nov
Q3 Reliant Energy
-0.19 9
0.42 07 Nov
Q3 REX ENERGY CORPORATION
0.06 6
0.02 07 Nov
Q3 Salem Comm. Corporation
0.06 3
0.10 07 Nov
Q3 Santander BanCorp
0.21 3 -0.27 07 Nov
Q3 Saul Centers
N/A N/A
0.43 07 Nov BMO Q3 SCOLR PHARMA INC
N/A N/A
N/A 07 Nov
Q3 Sotheby's
-0.24 4 -0.33 07 Nov
Q3 Spectrum Pharma.s Inc
-0.33 3 -0.24 07 Nov BMO Q3 Stoneridge
0.05 2
0.11 07 Nov BMO Q3 Sun Communities
-0.15 1 -0.24 07 Nov
Q3 Sunrise Senior Living
-0.31 3
N/A 07 Nov
Q3 Superior Industries
-0.08 4
0.06 07 Nov
Q3 TETRA Tech.
0.22 7
0.26 07 Nov
Q3 The E.W. Scripps Co.
0.10 6
1.60 07 Nov BMO Q3 Toreador Resources
-0.30 1 -0.46 07 Nov
Q3 TransMontaigne Partners L.P.
0.47 3
0.47 07 Nov
Q3 Trump Entertainment Resorts
0.05 3
0.21 07 Nov
Q3 UTEK CORP
N/A N/A
N/A 07 Nov BMO Q3 Verso Paper
0.14 3
N/A 07 Nov
Q3 Westar Energy, Inc.
0.78 7 0.99 10 Nov
Q1 Cano Petroleum, Inc.
-0.03 3
N/A 10 Nov BMO Q1 Energy Conversion Devices
0.25 14 -0.06 10 Nov BMO Q1 GLOBAL TRAFFIC NETWORK INC
0.06 5 -0.01 10 Nov
Q1 MGP Ingredients
-0.31 1 -0.02 10 Nov
Q1 Peerless Manufacturing
0.09 2
N/A 10 Nov
Q1 Perceptron
0.03 1
0.05 10 Nov
Q1 Pike Electric Corp.
0.17 4
0.16 10 Nov
Q1 Rural/Metro
N/A N/A
0.03 10 Nov
Q1 SYNTHESIS ENERGY SYS INC
-0.18 5
N/A 10 Nov
Q1 Tandy Brands
N/A N/A
N/A 10 Nov
Q1 Versar
N/A N/A
N/A 10 Nov
Q2 Abiomed, Inc.
-0.22 7 -0.29 10 Nov
Q2 Advanced Photonix
N/A N/A
N/A 10 Nov
Q2 American Science and Engineering
0.70 5
0.48 10 Nov
Q2 Capstone Turbine
-0.05 6 -0.06 10 Nov
Q2 U S-China Industrial Ex.
0.12 3
0.07 10 Nov
Q2 Valence Tech.
N/A N/A
N/A 10 Nov
Q2 Transmeridian Exploration Incorp
N/A N/A
N/A 10 Nov
Q3 Energy Transfer Partners
0.31 4
N/A 10 Nov
Q3 Uranium Resources
N/A N/A
N/A 10 Nov
Q3 4Kids Entertainment
N/A N/A -0.23 10 Nov
Q3 Abraxas Petroleum
0.10 1
N/A 10 Nov
Q3 Acusphere Inc.
N/A N/A -0.32 10 Nov
Q3 Allied Capital Corporation
0.35 13
0.12 10 Nov AMC Q3 American Apparel
0.12 1
N/A 10 Nov
Q3 Ameristar Casinos
0.27 14
0.36 10 Nov
Q3 Anesiva Inc.
-0.54 4 -0.58 10 Nov
Q3 Anthracite Capital, Inc.
0.30 5
0.32 10 Nov
Q3 Arch Chemicals, Inc.
0.50 4
0.45 10 Nov
Q3 ArQule, Inc.
-0.42 10 -0.26 COPYRIGHT
Copyright Thomson Reuters 2008. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
MMMM
Tags: asia bank chemicals china dividends earnings energy engineering entertainment eps exploration federal reserve industrial investment ipo manufacturing mining note petroleum rubber S&P traffic
Public Company Management To Present At Equities MarketSite Conference - Zibb.com
Sep 18, 2008 (financialwire.net via COMTEX) --
September 18, 2008 (FinancialWire) Public Company Management Corp. (OTCBB: PCMC), a solutions provider to publicly traded companies and a management consulting firm that advises its clients on securities registration, distribution, and compliance, will be participating and presenting at the Equities MarketSite Conference in New York on October 10, 2008.
Other companies in PCMC's industry and/or sector include Navigant Consulting Inc. (NYSE: NCI), Resources Connection Inc. (NASDAQ: RECN) and Utek Corp. (AMEX: UTK).
Bob Beers, PCMC's vice president of business development will discuss the company's business strategy, financial performance, recent development, and future opportunities at the conference. A Q&A session will also take place and other representatives from PCMC will be available to answer questions about the company and presentation for the balance of the conference. The presentation will be available on the company's web site and filed as an 8-K with the SEC.
Equities MarketSite Conferences bring together emerging growth companies with brokers, fund managers, analysts, investment professionals, and active retail investors. Taking place at the NASDAQ MarketSite in New York's Time Square, the conference provides a high-visibility setting. Additionally, as a presenter, PCMC will also participate in the NASDAQ OMX Group closing bell ceremony.
Stephen Brock, CEO of PCMC, stated, "This is the exact audience that we are trying to reach to introduce them to our service offering to small business issuers. We are pleased to have the opportunity to present, share our message, and illustrate to shareholders our interest in promoting our business to this investment community."
Bob Beers, CPA, will be the chief presenter at the PCMC Capital Markets Seminar. Beers is a multi-faceted businessman, a CPA since 1989, and a 15-year small business owner. As a Nevada state senator since 1999, Beers is vice-chairman of the Finance Committee and Government Affairs Committee, and member of the Legislative Operations and Elections Committee. He has been an active volunteer, serving as president of the Las Vegas Chamber of Commerce Business Expo and as treasurer of the Nevada Republican Party. Beers founded Las Vegas computer accounting consultants Wilson, Beers & Alu in 1989, and sold it to a large local accounting firm in 2002. He also serves as vice president of Marketing and Business Development for PCMC and is an audit coordinator for clients entering the capital markets.
PCMC is a management consulting firm that educates and assists small businesses to improve their management, corporate governance, regulatory compliance and other business processes with a focus on capital market participation, providing solutions to clients at various stages of the business lifecycle: Educational products to improve business processes or explore entering the capital markets; Consulting to early-stage companies planning for growth; Management consulting services to companies seeking to enter the public capital markets via self-underwriting or direct public offering or move from one capital market to another; Regulatory compliance services to fully reporting, publicly traded companies.
In an effort to engender greater awareness, transparency and mainstream legitimacy to the OTCBB, a frequently misunderstood capital market, PCMC has established the PCMC Bulletin Board 30 Index, which can be viewed at http://PubliccompanyManagement.com/PCMC-30. The companies listed in the index are not clients of PCMC and PCMC does not own any of their securities.
FinancialWire" is a fully independent, proprietary news wire service of Investrend Information (a division of Investrend Communications, Inc.). FinancialWire" news is written by professional journalists, dedicated to pure journalistic standards. FinancialWire" does not receive or accept any compensation from any individual or subject Company (or representative thereof) for its news or opinions. All FinancialWire" news is available at http://www.financialwire.net . Please address any inquiries to feedback@financialwire.net .
Free annual reports for companies mentioned in the news are available at http://investrend.ar.wilink.com/?level=279 .
http://www.financialwire.net
Tags: accounting amex business ceo commerce communications community computer conference consulting corporate equity government index investment local marketing nasdaq nevada new_york nyse president republican retail securities small business standards web
Companies: Navigant Consulting Co. (NCI), P-COM, Inc. (PCMC), Public Co Management Corp (PUBC), Resources Connection, Inc. (RECN), UTEK Corp. (UTK)
UTEK Corp. Reports Financial Results for 3Q - Zibb.com
Zibb.com | Nov 15, 2008
UTEK Corp. has announced financial results for the three and nine months ended September 30.
The Company noted in its report that global credit and other financial markets have suffered substantial stress, volatility, illiquidity and disruption. This deterioration in the equity markets has had a significant impact on the valuations of our investments. During the third quarter of 2008, management determined that a valuation allowance of $9.3 million should be recorded against the related deferred tax asset. A portion of the valuation allowance ($4.5 million) was recorded as part of the provision for income tax expense and a similar portion ($4.8 million) was included in the change in unrealized depreciation of investments. The valuation allowance resulted in a significant additional decrease to our net decrease in net assets from operations. If financial conditions related to our investments improve in future periods, the valuation allowance could be reversed.
For the quarter ended September 30, income from operations (revenue) was $7.1 million as compared to $3.7 million for the quarter ended September 30, 2007. Net (loss) income from operations for the quarter ended September 30, was ($5.5 million) as compared to $188,000 for the quarter ended September 30, 2007. Approximately 11 percent and 82 percent of our income from operations (revenue) was received in the form of unregistered shares of common stock for the quarters ended September 30, and 2007, respectively.
Historically the Company's corporate strategy has been focused on the sale of technology rights for which the company received as consideration shares of stock valued at fair market value. During 2008, the Company shifted its corporate strategy to a focus of providing consulting services for which cash is received as consideration. As a result of this shift in corporate strategy, cash income from operations (revenue) increased to $6.3 million for the three months ended September 30, as compared to $678,000 for the three months ended September 30, 2007.
The net decrease in net assets from operations (including net income (loss) from operations and realized and unrealized gains and losses on investments) was ($12.3 million) or ($1.21) per weighted average diluted share outstanding for the quarter ended September 30, as compared to ($134,000) or ($.01) per weighted average diluted share outstanding for the quarter ended September 30, 2007. Of the $12.3 million decrease in net assets from operations, $9.3 million was a non-cash charge related to the deferred tax valuation allowance, $2.0 million was related to realized and unrealized losses on the investments and $1.0 million was related to operations.
The value of the Company's investment portfolio was $17.6 million at September 30, as compared to $30.4 million at December 31, 2007. Cash and cash equivalents were $5.6 million at September 30, as compared to $5.3 million at December 31, 2007. Net assets were $38.9 million at September 30, as compared to $43.7 million at December 31, 2007. Net asset value per common share outstanding was $3.74 at September 30, as compared to $4.85 at December 31, 2007.
Weighted average diluted shares outstanding were 10,176,742 and 9,009,776 for the quarters ended September 30, and 2007, respectively.
The revenue for the third quarter of 2008 shows the progress made in establishing UTEK's new corporate strategy, as outlined in previous announcements, of focusing on the provision of a full suite of innovation consulting services, mainly in the US and the UK.
Innovation consulting services in the third quarter were $5.1 million (zero for the comparable period in 2007) and $7.7 million for the nine months ended September 30, (zero for the comparable period in 2007). All income from innovation consulting services is cash income. Similarly, our subscription and technology acquisition alliances service revenue increased by 60 percent to $1.0 million in Q3 2008 as compared to $647,000 for Q3 2007 and increased to $3.0 million for the nine months ended September 30, as compared to $2.7 million for the nine months ended September 30, 2007.
((Comments on this story may be sent to newsdesk@closeupmedia.com))
((Distributed via M2 Communications Ltd - http://www.m2.com))
http://www.10meters.com
Comments on this story may be sent to newsdesk@closeupmedia.com
Tags: acquisition consulting corporate financial results investment market revenue subscription tax technology
Companies: UTEK Corp. (UTK)
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