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Canada Business News and Press Releases
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(EMAILWIRE.COM, October 20, 2010 ) Montréal, Québec - Buysstocks.com
(http://beststockpicks.biz), a premier source for penny stocks research issues stock alert for the following companies:
PSID, XING, STSA.
PSID - BREAKING $0.75 PRE-OPEN
DELRAY BEACH, Fla. PositiveID Corporation ("PositiveID" or the "Company") (Nasdaq:PSID - News) announced today that it has received an initial order of 15,000 iGlucose(TM) units from Liberator Medical Holdings, Inc. ("Liberator"). Liberator offers over 5,000 products to Medicare-eligible patient populations with chronic conditions requiring repeat-orders of maintenance supplies.
XING - BREAKING $1.70 PRE-OPEN
Qiao Xing Mobile Communication Co., Ltd. is a manufacturer of mobile handsets in China. QXM manufactures and sells mobile handsets based primarily on the GSM, TD-SCDMA, and WCDMA technologies. It operates its business primarily through CEC Telecom Co., Ltd., its 96.6%-owned subsidiary in China.
Through its manufacturing facility in Huizhou, Guangdong Province, China, and two research and development centers in Huizhou and Beijing, QXM develops, produces and markets a wide range of mobile handsets, with increasing focus on differentiated products that generally generate higher profit margins.
STSA - BREAKING $0.70 PRE-OPEN
Sterling's Sept. 30, 2010 results include a net loss of $48.0 million and a one-time, non-cash increase to income available to common shareholders of $84.3 million related to conversion of U.S. Treasury preferred stock into common shares as part of Sterling's $730 million recapitalization on Aug. 26, 2010.
As a result, Sterling reported third quarter 2010 net income attributable to common shareholders of $33.6 million, or $0.02 per common diluted share. This compares to the quarter ended Sept. 30, 2009, wherein Sterling reported a $463.7 million loss attributable to common shareholders, or $8.93 per common share.
The Sept. 30, 2009 results included a provision for credit losses of $195.5 million, a non-cash charge for goodwill of $227.6 million and the establishment of an allowance for Sterling's deferred tax asset of $143.0 million.
BPAC -
Biopack manufactures 100% biodegradable consumer packaging products from locally available sugar cane waste called Bagasse.
Based in Hong Kong with manufacturing facilities in Jiangmen, China, Biopack has earned the "premium brand" label in the biodegradable packaging market in Europe. Distributed under the "Roots Biopack" trademark, Biopack's unique line of compostable packaging is sold in 12 European countries, North America, Hong Kong, Taiwan and South Africa.
For investor inquiries and information about our comprehensive line of biodegradable packaging solutions.
The stocks presented above are available in Beststockpicks.biz Free Daily Email Newsletter. For daily penny stock alerts go to http://www.beststockpicks.biz
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Walid Moudjed
1-866-795-9663
info@beststockpicks.biz 
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