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Archive for August, 2011

(HSKA, NKBP, MFI, CLNO) Stocks in Review by PennyOmega.com

August 29th, 2011 at 04:19 pm

Heska Corporation (NASDAQ:HSKA) announced that it has retained Hayden IR, a national, New York-based investor relations consulting firm, to develop an investor relations program to raise its visibility and strengthen its relationships with the investment community. "Over the last year, Heska has solidified its financial position, improving its balance sheet and setting the stage for improved operating performance," commented Robert Grieve, Heska's Chairman and CEO. "We are now focused on further enhancing our product offering, with one new product launched in 2011, plans for one more this year and up to four in 2012.



Read more at: http://pennyomega.com/?p=16890

(CRWE, REIS, VRTX, SCIL) Stocks in Focus by PennyOmega.com

August 29th, 2011 at 04:13 pm

Crown Equity's selection of CoreLink reflects recent diversification beyond CRWE's original charter as a provider of services and knowledge to small business owners taking their own companies public. In addition to these services, CRWE has transitioned into a multifaceted media organization that publishes clients' news online; sells advertising adjacent with its digital network targeted at a high-income audience; designs, hosts and maintains websites; produces marketing videos from concept to final product; crafts press releases and articles for maximum SEO; develops email campaigns; and forges branding campaigns to bolster client company images.

Read more at: http://pennyomega.com/?p=16889

(NUAN, ENOC, CLNO, ALTR) Notable Stocks by PennyOmega.com

August 29th, 2011 at 04:09 pm

Nuance Communications, Inc. (NASDAQ:NUAN) announced that its Dragon Mobile SDK is powering the voice search capabilities in Bon'App ™, a new app for the iPhone that aims to change the way people think about and search for healthy food options. Bon'App is the latest graduate of the Nuance Mobile Developer Program, which provides developers with access to the renowned Dragon Mobile SDK that features the core speech recognition capabilities found in the successful Dragon Apps.



Read more at: http://pennyomega.com/?p=16888

(CLCT, ZGNX, FCAL, CRWE) Noticeable Stocks by PennyOmega.com

August 29th, 2011 at 03:59 pm

Collectors Universe, Inc. (NASDAQ:CLCT) announced financial results for its fourth quarter and year ended June 30, 2011. Grading, authentication and related service revenues, as compared to fiscal 2010, increased 13% in this year's fourth quarter and 10% for the fiscal year. The fourth quarter increase to $12.2 million was driven primarily by an 18% increase in coin service revenues. The increase in coin service revenues was primarily the result of a 25% increase in modern coin grading revenues and 152% increase in world coin grading revenues in the quarter.

Read more at: http://pennyomega.com/?p=16887

(MGM, CLNO, VELT, CEDU, DWCH) Stocks in Action by PennyOmega.com

August 29th, 2011 at 03:54 pm











MGM is one of the world's leading global hospitality companies, operating a peerless portfolio of destination resort brands, including Bellagio, MGM Grand, Mandalay Bay and The Mirage.

MGM Resorts International (NYSE:MGM) recently reported financial results for the second quarter ended June 30, 2011. Diluted earnings per share attributable to MGM Resorts International was $6.22 per share compared to a loss of $2.00 per share in the prior year second quarter. The current year results include a gain of $3.5 billion (or $6.30 per share) as a result of acquiring a controlling interest in MGM China Holdings Limited (“MGM China”), which the Company began consolidating as of June 3, 2011. The prior year results include a non-cash charge of approximately $1.12 billion (or $1.64 per share, net of tax) relating to an impairment of the Company’s investment in the CityCenter joint venture.

“We have shown growth in year over year cash flows throughout the first half and expect those trends will continue. We believe the foundation of the Las Vegas recovery is solid and our business is building,” said Jim Murren, MGM Resorts International Chairman and CEO. “MGM Macau had another record quarter and the acquisition of a controlling interest in MGM China marks an important step in expanding our global operations and profitability.”

As previously announced, MGM China completed its initial public offering of shares on The Stock Exchange of Hong Kong Limited on June 3, 2011 and the Company acquired an additional 1% interest in MGM China, which owns the MGM Macau resort and casino. This acquisition increased the Company’s ownership interest to 51% and, as a result, the Company began consolidating MGM China as of June 3, 2011. Prior to June 3, 2011 the results of MGM Macau were accounted for under the equity method of accounting.

MGM Resorts International (NYSE: MGM) is one of the world's leading global hospitality companies, operating a peerless portfolio of destination resort brands, including Bellagio, MGM Grand, Mandalay Bay and The Mirage. In addition to its 51% interest in MGM China Holdings Limited, which owns the MGM Macau resort and casino, the Company has significant holdings in gaming, hospitality and entertainment, owns and operates 15 properties located in Nevada, Mississippi and Michigan, and has 50% investments in three other properties in Nevada and Illinois. One of those investments is CityCenter, an unprecedented urban resort destination on the Las Vegas Strip featuring its centerpiece ARIA Resort & Casino. Leveraging MGM Resorts' unmatched amenities, the M life loyalty program delivers one-of-a-kind experiences, insider privileges and personalized rewards for guests at the Company's renowned properties nationwide.

Read more at: http://pennyomega.com/?p=16892

(CNAF, CMRG, CLNO, THRX) Stock Highlights by PennyOmega.com

August 29th, 2011 at 01:14 pm

Commercial National Financial Corporation (Nasdaq:CNAF) parent company of Commercial Bank & Trust of PA, has declared a quarterly dividend of $0.26 per share payable September 2 to shareholders of record as of August 26. President and Chief Executive Officer Gregg E. Hunter commented, "Recent years have been challenging for the banking industry. Many banks have been compelled to accept various types of earnings diverting preferred equity infusions from the United States Treasury. Alternatively, some banks have elected to sell new shares into private hands to maintain sufficient capital adequacy even though such sales significantly dilute and diminish the ownership interests of pre-existing shareholders.



Read more at: http://pennyomega.com/?p=16885

(QCOR, CRWE, LOCM, CCRN) Stocks Report from PennyOmega.com

August 29th, 2011 at 01:06 pm

Questcor Pharmaceuticals, Inc. (NASDAQ:QCOR) announced that executive management will present at the following investor conferences in early September: The Morgan Stanley Global Healthcare Conference at the Grand Hyatt in New York City. Don M. Bailey, President and Chief Executive Officer, is scheduled to provide an overview of the Company on Wednesday, September 14, 2011 at 8:00 a.m. ET. Presentations at this conference are not available by webcast.



Read more at: http://pennyomega.com/?p=16884

(CLNO, HSOL, HBOS, ACAS) Stocks under Consideration by PennyOmega.com

August 29th, 2011 at 12:57 pm

Cleantech Transit Inc. was founded to capitalize on technology advances and manufacturing opportunities in the growing clean energy public transportation sector. Cleantech Transit Inc has expanded its focus to invest directly in specific green projects that could maximize shareholder value. Recognizing the many economic and operational advances of converting wood waste into renewable sources of energy, Cleantech Transit Inc. has selected to invest in Phoenix Energy (www.phoenixenergy.net).



Read more st: http://pennyomega.com/?p=16883

(GTAT, CRWE, ORBT, MORN, SAAS) Stocks in Action by PennyOmega.com

August 25th, 2011 at 03:16 pm











GT Advanced Technologies Inc., (NASDAQ:GTAT), announced that it has acquired privately-held Confluence Solar, Inc., the developer of HiCz™, a continuously-fed Czochralski (CCz) growth technology, that enables the production of high efficiency monocrystalline solar ingots, which is expected to lower production costs.

The purchase price consisted of $60 million in cash paid to Confluence Solar’s shareholders at closing and an additional $20 million of cash earn-outs payable upon the achievement of certain financial and technical milestones through GT’s FY13. Investors in Confluence Solar include Convexa Capital, OCI and Oceanshore Investors.

Inclusive of incremental R&D and capital investments to accelerate GT’s time to market with a CCz product, the acquisition is expected to become accretive in the second half of GT’s FY13. The company indicated that the acquisition will eliminate certain previously planned organic development costs in both fiscal 2012 and 2013 which, when netted against the costs incurred in the acquired business, will make the acquisition additionally accretive in fiscal 2013.

GT Advanced Technologies is investing in a number of next generation silicon crystal growth technologies aimed at taking cost out of the solar PV value chain. The company recently announced that by the end of its second fiscal quarter it expects to introduce its MonoCast™ growth technology, which will improve material quality produced in its industry-leading directional solidification process and allow customers to leverage the value of their investment in GT’s DSS multicrystalline furnaces. The acquisition of Confluence Solar takes GT into a new market segment with a next generation technology offering that will further improve efficiency and lower cost at the high end of the solar PV market.

GT Advanced Technologies, Inc. is a global provider of polysilicon production technology, and sapphire and silicon crystalline growth systems and materials for the solar, LED and other specialty markets. The company's products and services allow its customers to optimize their manufacturing environments and lower their cost of ownership.

For additional information about GT Advanced Technologies, please visit www.gtat.com.

Read more at: http://pennyomega.com/?p=16833

(SIGM, CLNO, PVSW, SYNA) Stocks to Watch by PennyOmega.com

August 25th, 2011 at 01:26 pm

Sigma Designs, Inc. (NASDAQ:SIGM) reported financial results and business highlights for its second fiscal quarter ended July 30, 2011. Net revenue for the second quarter of fiscal 2012 was $46.7 million, down $13.9 million, or 23%, from $60.6 million reported in the previous quarter and down $26.6 million, or 36%, from $73.3 million reported for the same period last year.

Read more at: http://pennyomega.com/?p=16832

(CVLT, TSYS, ZRAN, CRWE) Stocks in Focus by PennyOmega.com

August 25th, 2011 at 01:23 pm

CommVault (NASDAQ:CVLT) announced that it will be participating in the upcoming VMworld 2011 conference, August 29 - September 1, 2011, at the Venetian Hotel in Las Vegas, NV. At the conference, CommVault will outline the data protection challenges inherent to deploying large scale VMware and cloud environments and detail solutions that can minimize performance impact on production hosts, deliver rapid backups of key application data multiple times per day, accelerate restores to minutes instead of hours, deliver granular search and restore capabilities, support disaster recovery scenarios and multi-tenancy using CommVault® Simpana 9 software and snapshot technology. CommVault will also be exhibiting at VMworld 2011 in booth #801.



Read more at: http://pennyomega.com/?p=16831

(RDA, CSIQ, CLNO, LTXC) Stocks in Review by PennyOmega.com

August 25th, 2011 at 01:19 pm

RDA Microelectronics, Inc. (Nasdaq:RDA) announced that Chairman and CEO Vincent Tai and CFO Lily Dong will participate in the 12th Credit Suisse Asian Technology Conference being held September 14th through September 16th, 2011 at Grand Hyatt Hotel in Taipei. Mr. Tai and Ms. Dong will participate in the conference on September 15-16, 2011, and will provide corporate, financial and product updates about the company.

Read more at: http://pennyomega.com/?p=16830

(PLUS, MJGCF.PK, KEYN, CPWR) Notable Stocks by PennyOmega.com

August 25th, 2011 at 01:17 pm

ePlus inc. (Nasdaq:PLUS) announced that its subsidiary, ePlus Technology, inc., has achieved TelePresence Video Master Authorized Technology Provider (ATP) status from Cisco. This designation recognizes ePlus as having fulfilled the training requirements and program prerequisites to sell, deploy, and support Cisco TelePresence Video products and solutions at the Master level.

Read more at: http://pennyomega.com/?p=16829

(CLNO, CSUN, FSLR, GDP) Noticeable Stocks by PennyOmega.com

August 25th, 2011 at 01:12 pm

Cleantech Transit Inc. was founded to capitalize on technology advances and manufacturing opportunities in the growing clean energy public transportation sector. Cleantech Transit Inc has expanded its focus to invest directly in specific green projects that could maximize shareholder value. Recognizing the many economic and operational advances of converting wood waste into renewable sources of energy, Cleantech Transit Inc. has selected to invest in Phoenix Energy (www.phoenixenergy.net).

Read more at: http://pennyomega.com/?p=16828

(KEQU, LAVA, MITL, CRWE) Featured Stocks by PennyOmega.com

August 25th, 2011 at 01:09 pm

Kewaunee Scientific Corporation (Nasdaq:KEQU) announced that on August 23, 2011 its Board of Directors declared a quarterly cash dividend of ten cents per outstanding share, payable on September 20, 2011 to stockholders of record at the close of business on September 6, 2011. Kewaunee Scientific Corporation is a recognized leader in the design, manufacture, and installation of scientific and technical furniture. The Company's corporate headquarters are located in Statesville, North Carolina. The Company's manufacturing facilities are located in Statesville and Bangalore, India.

Read more at: http://pennyomega.com/?p=16827

(FIRE, RIMM, CLNO, ALOT) Stock Updates by PennyOmega.com

August 25th, 2011 at 12:57 pm

Sourcefire, Inc. (Nasdaq:FIRE) announced that Richard Park, senior product manager, will share best practices for leveraging VMware vShield to automate security in virtual and cloud environments at the 2011 VMWorld conference. During this presentation, Park will also provide examples of successful automation in both private and public cloud environments.

Read more at: http://pennyomega.com/?p=16826

(CRWE, BLIN, TNG, DITC) Stock Market Highlights by PennyOmega.com

August 25th, 2011 at 12:47 pm

Crown Equity Holdings Inc., (CRWE)



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. 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.



Read more at: http://pennyomega.com/?p=16825

(MIPS, CLNO, ADSK, ORCC) Stocks under Consideration by PennyOmega.com

August 25th, 2011 at 12:27 pm

MIPS Technologies, Inc. (Nasdaq:MIPS) announced that its CEO Sandeep Vij and CFO Maury Austin will present at the following investor conferences: Deutsche Bank 2011 Technology Conference, September 13-15, 2011, The Cosmopolitan of Las Vegas Hotel, Las Vegas, Nevada. Sandeep Vij is scheduled to speak on Thursday, September 15th at 3:20 p.m. For more information, visit http://conferences.db.com/americas/tech11/.

Read more at: http://pennyomega.com/?p=16824

(KTCC, NDSN, ALGT, CRWE, EFII) Stocks in Action by PennyOmega.com

August 24th, 2011 at 03:38 pm











Key Tronic Corporation (Nasdaq:KTCC), a provider of electronic manufacturing services (EMS), announced its results for the quarter and year ended July 2, 2011.

For the fourth quarter of fiscal 2011, Key Tronic reported total revenue of $66.0 million, up 7% from $61.9 million in the same period of fiscal 2010. For the full year of fiscal 2011, total revenue was $253.8 million, up 27% from $199.6 million in fiscal 2010.

Net income for the fourth quarter of fiscal 2011 was $1.5 million or $0.15 per diluted share, compared to $2.3 million or $0.22 per diluted share for the same period of fiscal 2010. For the full year of fiscal 2011, net income was $5.7 million or $0.55 per diluted share, compared to $8.7 million or $0.85 per diluted share for fiscal 2010.

“We’re pleased with our strong year-over-year revenue growth for fiscal 2011, driven by the production ramp ups of new programs for both our longstanding and new customers,” said Craig Gates, President and Chief Executive Officer. “Due to increasing industry awareness that our customers are benefiting from our unique blend of multinational facilities and centralized management, we continue to see our market share grow. During the fourth quarter, we continued to extend our customer portfolio across a wide range of industries, winning new programs involving solar power controllers, energy monitors and electronic whiteboards.

“During most of the year, our operating performance was adversely affected as we absorbed the costs associated with bringing many new programs into production while dealing with industry-wide supply chain constraints. By the fourth quarter, the component shortages were behind us and we made good progress in optimizing the product designs, production processes and supply chains of our new programs. As a result, we saw marked improvement in our margins in the fourth quarter and achieved another year of solid profitability.

“We move into fiscal 2012 with strong business momentum and a highly diversified customer base, and anticipate more of our new programs moving into production and gradually ramping up. Despite the current macroeconomic uncertainty, we expect to continue to capture market share and capitalize on emerging opportunities.”

Key Tronic is a leading contract manufacturer offering value-added design and manufacturing services from its facilities in the United States, Mexico and China. The Company provides its customers full engineering services, materials management, worldwide manufacturing facilities, assembly services, in-house testing, and worldwide distribution. Its customers include some of the world's leading original equipment manufacturers.

More about KTCC at www.keytronic.com

Read more at: http://pennyomega.com/?p=16813

(QLIK, FFN, CRWE, GOLF) Stocks in Review by PennyOmega.com

August 24th, 2011 at 01:39 pm

Qlik Technologies Inc (NASDAQ:QLIK) announced it has received an overall performance score of 91 out of 1001 in the "Business Intelligence: Making Cents of Performance" report by KLAS, a research firm specializing in monitoring and reporting healthcare vendor performance. Making its debut in this year's report, QlikView's overall score in the Enterprise Business Intelligence category was based on direct feedback from healthcare providers who have used QlikView and measures performance in areas such as product quality, implementation, and support.

Read more at: http://pennyomega.com/?p=16809

(CISG, CLNO, ASEI, ETFC) Stocks in Focus by PennyOmega.com

August 24th, 2011 at 01:35 pm

CNinsure Inc. (Nasdaq:CISG) announced that Shenzhen Inscom E-commerce Co. Ltd. ("Inscom"), an affiliated subsidiary of CNinsure, has entered into strategic partnership in e-commerce with China Pacific Property Insurance Co. Ltd. ("China Pacific"), a leading property and casualty insurance company in China.

CNinsure Inc., together with its subsidiaries, provides insurance brokerage and agency services, and insurance claims adjusting services in the Peoples Republic of China.

Read more at: http://pennyomega.com/?p=16808

(MJGCF, SMIT, ANDS, SSRI) Notable Stocks by PennyOmega.com

August 24th, 2011 at 01:32 pm

Gold is found in the ground, often in quartz rock. Gold found in creeks and rivers has been washed out of rocks over a very long period of time and is called alluvial gold. Gold has been associated with wealth for much of human history. It has been valued for its beauty and used to make jewellery, coins and decorations for thousands of years. A small amount of gold is worth a lot in comparison to most other metals or commodities.

Read more at: http://pennyomega.com/?p=16807

(SBGI, SCKT, ADSK, CLNO) Noticeable Stocks by PennyOmega.com

August 24th, 2011 at 01:29 pm

Sinclair Broadcast Group, Inc. (NASDAQ:SBGI) announced that Mr. Paul Nesterovsky has been promoted to Vice President-Tax. The announcement was made by David Amy, Executive Vice President and Chief Financial Officer of Sinclair. In making the announcement, Mr. Amy said, "We are pleased to promote Paul to Vice President. He has been instrumental in leading our tax department and overseeing tax-related financial reporting, planning, compliance and audit resolution activities."

Read more at: http://pennyomega.com/?p=16806

(CRWE, CMTL, FUND, MRVL) Featured Stocks by PennyOmega.com

August 24th, 2011 at 12:53 pm

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. 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.

Read more at: http://pennyomega.com/?p=16805

(TSTC, MBND, CLNO, SBSA) Stock Highlights by PennyOmega.com

August 24th, 2011 at 12:48 pm

Telestone Technologies Corporation (NASDAQ:TSTC) announced its financial results for the second quarter ended June 30, 2011. Revenues increased 46.4% year-over-year to $24.3 million. Gross profit increased 41.8% year-over-year to $10.6 million, with a gross margin of 43.7%. Operating income increased 154.1% to $5.5 million, as compared to $2.2 million in the second quarter of 2010.

Read more at: http://pennyomega.com/?p=16804

(ROST, CRWE, CBOU, MKTG) Stocks Update by PennyOmega.com

August 24th, 2011 at 12:43 pm

Ross Stores, Inc. (Nasdaq:ROST) reported earnings per share for the 13 weeks ended July 30, 2011 of $1.28, up from $1.07 for the 13 weeks ended July 31, 2010. These results represent a 20% increase on top of exceptional 30% and 52% gains in the second quarters of 2010 and 2009, respectively. Net earnings for the 2011 second quarter grew to $148.3 million, up 15% from $129.3 million in the prior year. Sales for the quarter ended July 30, 2011 increased 9% to $2.089 billion, with comparable store sales up 5% on top of a 4% gain in 2010.

Read more at: http://pennyomega.com/?p=16803

(CLNO, ENDP, NVLS, EXLP) Stocks under Consideration by PennyOmega.com

August 24th, 2011 at 12:38 pm

Biomass is any sort of plant matter or animal wastes. From it, we can extract stored energy. Biomass energy, or "bioenergy," is stored in organic matter with the help of the sun. A common example is wood. To create wood, trees manufacture cellulose from sugars, which they make during photosynthesis. Because cellulose is made from sugars, it contains stored chemical energy. This energy is released as heat when wood is burned.

Read more at: http://pennyomega.com/?p=16802

(CRWE, AIR, MMS, LAZ) Stocks in Review by PennyOmega.com

August 23rd, 2011 at 04:45 pm

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. 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.

Read more at: http://pennyomega.com/?p=16792

(DCT, CLNO, PEP, RLI) Stocks in Focus by PennyOmega.com

August 23rd, 2011 at 04:42 pm

DCT Industrial Trust Inc. (NYSEBig GrinCT) announced it has acquired a 118,000-square-foot building in Denver. In the Denver Central submarket, DCT Industrial acquired 5330 Pecos Street, a well-located bulk distribution building. The building was acquired for $6.7 million or $56.48 per square foot, approximately 20-25 percent below replacement cost. The Company anticipates a year-one cash yield of 7.9 percent.

Read more at: http://pennyomega.com/?p=16791

(SLE, CODI, MJS.V, WWE) Notable Stocks by PennyOmega.com

August 23rd, 2011 at 04:39 pm

Sara Lee Corp (NYSE:SLE) reported earnings for the fourth quarter and full year fiscal 2011 and provided an update on the progress of the spin off transaction. Significant divestment and restructuring progress towards the creation of two pure-play companies by the first half of calendar 2012. Intend to divest Spanish bakery and French refrigerated dough businesses. Signed agreement to sell North American (N.A.) refrigerated dough business to Ralcorp for $545 million.

Read more at: http://pennyomega.com/?p=16790


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