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Viewing the 'Investing' Category
September 28th, 2011 at 01:22 pm
Progress Software Corporation (NASDAQ:PRGS) announced results for its fiscal third quarter ended August 31, 2011. On a generally accepted accounting principles (GAAP) basis, revenue for the quarter was $128.3 million, compared to $128.7 million in the fiscal third quarter of 2010. On a non-GAAP basis, revenue totaled $128.4 million, compared to $128.8 million in the same period a year ago. Software license revenue decreased 13 percent to $38.7 million from $44.7 million in the same quarter last year.
Read the full article and disclaimer at: http://pennyomega.com/?p=17425
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September 28th, 2011 at 01:18 pm
Nuance Communications, Inc. (NASDAQ:NUAN) announced that its Nuance Mobile Developer Program, now NDEV Mobile, features new services that make it easier than ever for developers to voice-enable apps with Nuance's industry leading speech technology. NDEV Mobile now features three new service tiers Silver, Gold, and Emerald that give developers more choice and flexibility in how they bring Dragon-powered innovations to market. The Dragon Mobile SDK made available through the NDEV Mobile program now also supports Windows Phone 7 in addition to Android and iOS, as well as an HTTP web services interface, and, brings developers eight new languages for voice recognition.
Read the full article and disclaimer at: http://pennyomega.com/?p=17423
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September 28th, 2011 at 01:15 pm
Cleantech Transit Inc (CLNO)
Biomass can be broken down into more specific category's which have different types of uses. Biomass that comes from wood keeps its form and is formed into pellet size uniformity to be used for biomass heating systems and electricity. One of the major advantages of Biomass Energy as a source of fuels is its renewable. With approximately 140 billion metric tons of biomass produced every year and growing, we could see biomass fuels replacing fossil fuels in the near future as they deplete even further increasing the demand for a cheap, efficient renewable fuel source.
Read the full article and disclaimer at: http://pennyomega.com/?p=17422
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September 28th, 2011 at 01:12 pm
Encore Capital Group, Inc. (Nasdaq:ECPG) announced the promotion of Gregory L. Call to Senior Vice President, General Counsel, and Corporate Secretary. Mr. Call has been a key leader within Encore's legal team, and will provide important leadership, perspective, and continuity as he assumes the role. "Greg has worked closely with the various legal and regulatory bodies that interact with our industry and has been a thought leader throughout his time at Encore," said Encore CEO Brandon Black. "I'm excited to have Greg assume this role and am confident in his ability to help Encore chart a course for growth and success in the years ahead."
Read the full article and disclaimer at: http://pennyomega.com/?p=17421
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September 28th, 2011 at 12:57 pm
InterMune, Inc. (NASDAQ:ITMN) reported that new data was presented at the European Respiratory Society (ERS) Annual Congress supporting the longer-term safety and tolerability of Esbriet® (pirfenidone) in patients with idiopathic pulmonary fibrosis (IPF), a devastating lung disease. Approximately 30,000-35,000 new IPF patients are diagnosed in Europe each year, with an estimated median survival of only two to five years. The announcement follows the recent marketing authorization of Esbriet in Europe and its first launch in Germany on 15 September.
Read the full article and disclaimer at: http://pennyomega.com/?p=17420
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September 28th, 2011 at 12:51 pm
Blackbaud, Inc. (NASDAQ:BLKB) announced its inclusion in Software Magazine's Software 500 ranking of the world's largest software and service providers, now in its 29th year. Blackbaud was ranked 144, with total software/services revenue of $320.4 million and total corporate revenue of $327.1 million in 2010. The ranking positioned Blackbaud as the largest provider of nonprofit software on the Software 500 list.
Read the full article and disclaimer at: http://pennyomega.com/?p=17419
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September 28th, 2011 at 12:45 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 the full article and disclaimer at: http://pennyomega.com/?p=17418
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September 27th, 2011 at 01:01 pm
Vishay Intertechnology, Inc. (NYSE:VSH) introduced its new VJ automotive series of surface-mount multilayer ceramic chip capacitors (MLCCs), available with optional polymer terminations designed to withstand higher levels of bending stress. The devices are offered with C0G (NP0) and X5R/X7R/X8R dielectrics, each with a wide range of case sizes, voltage ratings, and capacitance values. The VJ automotive series is available with flexible polymer terminations with 100 % tin-plates matte finish (VJ....31). The polymer terminations increase the bending ability of the capacitors, reducing the risk of a short circuit due to board-flex cracking in automotive under-the-hood, safety, and comfort electronics.
Read the full article and disclaimer at: http://pennyomega.com/?p=17398
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September 27th, 2011 at 12:58 pm
Global Hunter (GBLHF.PK)
Global Hunter's focus is on strategic and base metals, with an advanced stage copper oxide project in Chile and a highly prospective molybdenum property in British Columbia, Canada. GBLHF teams are working on developing the Corona de Cobre property in Chile and the Rabbit south property in British Columbia.
Read the full article and disclaimer at: http://pennyomega.com/?p=17397
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September 27th, 2011 at 12:55 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 the full article and disclaimer at: http://pennyomega.com/?p=17395
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September 27th, 2011 at 12:52 pm
MAJESTIC GOLD CORP (MJGCF.PK)
MAJESTIC GOLD CORP (MJGCF.PK) engages in the exploration and development of mineral properties in China. The company focuses on its gold project located in the prolific gold region of Song Jiagou in eastern Shandong Province. Majestic Gold Corp. is headquartered in Vancouver, Canada.
Read the full article and disclaimer at: http://pennyomega.com/?p=17394
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September 27th, 2011 at 12:50 pm
Cleantech Transit Inc (CLNO)
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 the full article and disclaimer at: http://pennyomega.com/?p=17393
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September 27th, 2011 at 12:44 pm
Weight Watchers International, Inc. (NYSE:WTW) declared its quarterly cash dividend of $0.175 per share of common stock, which corresponds to an annual dividend rate of $0.70 per share. This quarterly dividend will be payable on October 14, 2011 to shareholders of record at the close of business on September 30, 2011.
Read the full article and disclaimer at: http://pennyomega.com/?p=17392
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September 27th, 2011 at 12:36 pm
Home Properties, Inc. (NYSE:HME) announced that, on August 23, 2011, it purchased an apartment community in White Marsh, Maryland, for a total purchase price of $90.4 million. "This acquisition in the Mid-Atlantic region is immediately accretive to earnings, as were the other acquisitions completed this year, and offers revenue-generating interior improvement opportunities, which will contribute to future value," said Edward J. Pettinella, President and CEO of Home Properties.
Read the full article and disclaimer at: http://pennyomega.com/?p=17391
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September 27th, 2011 at 12:33 pm
AboveNet, Inc. (NYSE:ABVT) announced that it is now connected to DuPont Fabros Technology`s (NYSE: DFT) data center, SC1, located in Santa Clara, California. With the completion of the fiber build-out to SC1, AboveNet is able to provide services to all DFT data centers.DuPont Fabros Technology`s SC1 facility is one of the largest and efficient data centers available to businesses in the Greater San Francisco Bay area. SC1 is comprised of two identical phases, totaling 360,000 gross square feet, 176,000 raised square feet and 36.4 mega watts of available critical load.
Read the full article and disclaimer at: http://pennyomega.com/?p=17390
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September 26th, 2011 at 12:51 pm
Enzo Biochem, Inc. (ENZ)
Enzo Biochem, Inc., is a growth-oriented integrated life sciences and biotechnology company focused on harnessing biological process to develop research tools, diagnostics and therapeutics, and serves as a provider of test services, including exotic tests, to the medical community. Since ENZ was founded in 1976, their strategic focus has been on the development of enabling technologies in the life sciences field.
Read the full article and disclaimer at: http://pennyomega.com/?p=17370
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September 26th, 2011 at 12:49 pm
PharmAthene, Inc. (Amex:PIP) announced a significant decision in its litigation against SIGA Technologies in the Delaware Court of Chancery. PharmAthene filed the lawsuit against SIGA in December 2006 citing PharmAthene's interest in ST-246, an orally available smallpox antiviral drug candidate. "We were extremely pleased with the Court's decision," remarked Eric I. Richman, President and Chief Executive Officer. "This was an important victory for our Company and stockholders. This ruling, providing PharmAthene with 50% of worldwide net profits is transformative for the Company. As a result of this ruling, we will appropriately share in the financial success of ST-246 without any of the associated infrastructure and related expenses. The initial U.S. government contract for 1.7 million courses of smallpox antiviral therapy has already been awarded."
Read the full article and disclaimer at: http://pennyomega.com/?p=17369
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September 26th, 2011 at 12:41 pm
MAJESTIC GOLD CORP (MJGCF.PK)
Gold is one of the most precious metals in the world. It is present in the rivers, seas, and the earth's crust and trace amounts are present in plants and animals. In modern mining operations approximately 3 tons of ore are needed to extract one ounce of gold. The many desirable qualities found in gold, along with its scarcity, have made it the most popular metal for use in jewelry today. Gold is very ductile and is the most malleable metal; it can be beaten into extremely thin sheets of gold leaf.
Read the full article and disclaimer at: http://pennyomega.com/?p=17368
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September 26th, 2011 at 12:38 pm
CME Group Inc. (Nasdaq:CME) will announce earnings for the third quarter of 2011 before the financial markets open on Tuesday, November 1, 2011. The company has scheduled an investor conference call that day at 7:30 a.m. Central time. A live audio Webcast of the conference call will be available on the Investor Relations section of the company's Web site, www.cmegroup.com.
Read the full article and disclaimer at: http://pennyomega.com/?p=17367
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September 26th, 2011 at 12:35 pm
Crown Equity Holdings Inc., (CRWE)
Crown Equity Holdings Inc. (CRWE) is pleased to announce that it has entered into a joint venture to deploy VoIP (Voice over Internet Protocol) technology delivering voice, video and data services to residential and commercial customers. The joint venture company is Crown Tele Services Inc. which was a wholly-owned subsidiary of Crown Equity Holdings Inc. Crown Equity Holdings Inc. will own fifty percent (50%) interest in the joint venture.
Read the full article and disclaimer at: http://pennyomega.com/?p=17366
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September 26th, 2011 at 12:31 pm
Citizens Republic Bancorp, Inc. (Nasdaq:CRBC) announced that William M. Fenimore Jr. was elected to its Board of Directors by the U. S. Department of Treasury in conjunction with Citizens participation in the Treasury's Capital Purchase Program. He will also be a member of the Citizens Bank board, a subsidiary of CRBC. Cathy Nash, Citizens' president and CEO said, "I'm excited to have someone of Bill's caliber join Citizens' board. During the selection process, several members of our board and executive management had the opportunity to meet Bill and spend time getting to know him. His strategic insight will be valuable as we continue to strengthen our company. We expect Bill to continue to serve on our board well beyond our participation in the Capital Purchase Program."
Read the full article and disclaimer at: http://pennyomega.com/?p=17365
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September 26th, 2011 at 12:28 pm
Cleantech Transit Inc (CLNO)
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 the full article and disclaimer at: http://pennyomega.com/?p=17364
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September 26th, 2011 at 12:24 pm
Global Hunter (GBLHF.PK)
Global Hunter's focus is on strategic and base metals, with an advanced stage copper oxide project in Chile and a highly prospective molybdenum property in British Columbia, Canada. GBLHF teams are working on developing the Corona de Cobre property in Chile and the Rabbit south property in British Columbia.
Read the full article and disclaimer at: http://pennyomega.com/?p=17363
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September 26th, 2011 at 12:19 pm
GCOM, Globecomm Systems Inc.
** GCOM has been awarded a contract from a US Government agency valued at $1.9 million dollars. GCOM anticipates the contract to be fully executed in the current fiscal year ending June 30, 2012.
This contract is a combined effort between GCOM’s wholly-owned subsidiaries, Globecomm Services Maryland and Cachendo.
GCOM will provide IT support services relating to internet connectivity via its teleport facilities, IP telephone, Satellite television, and WAN optimization.
Recently, on its fourth quarter fiscal year 2011 results, GCOM posted record service revenues of $52.5 million, a 32.7% increase year over year. For the twelve months ended June 30, 2011, GCOM's service revenues increased 39.0% to a record $188.7 million, compared to the prior year.
GCOM is a leading global provider of satellite-based managed network solutions.
As a network solution provider GCOM leverages its global network to provide customers managed access services to the United States Internet backbone, video content, the public switched telephone network or their corporate headquarters, or government offices.
More about GCOM at www.globecommsystems.com
Read the full article and disclaimer at: http://pennyomega.com/?p=17358
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September 24th, 2011 at 03:50 pm
Gilead Sciences, Inc. (Nasdaq:GILD)
The mission of Gilead Sciences is to advance the care of patients suffering from life-threatening diseases worldwide. Headquartered in Foster City, California, Gilead Sciences has operations in North America, Europe and Asia Pacific. Gilead Sciences, a biopharmaceutical company that discovers, develops and commercializes innovative therapeutics in areas of unmet medical need, yesterday announced that the Committee for Medicinal Products for Human Use (CHMP), the scientific committee of the European Medicines Agency, has adopted a positive opinion on the company’s Marketing Authorisation Application for the once-daily single-tablet regimen, Eviplera®, combining Gilead Sciences' Truvada® (emtricitabine and tenofovir disoproxil (as fumarate)) with Tibotec Pharmaceuticals’ non-nucleoside reverse transcriptase inhibitor Edurant® (rilpivirine (as hydrochloride)) for the treatment of HIV-1 infection in antiretroviral-naïve adults with a viral load less than or equal to 100,000 HIV-1 RNA copies/mL.
The CHMP’s positive recommendation will be reviewed by the European Commission, which has the authority to approve medicinal products for use in the 27 countries of the European Union (EU). Gilead Sciences expects the European Commission to issue its decision on the marketing authorization for the Eviplera single-tablet regimen later this year. The regulatory filing for the Eviplera single-tablet regimen is supported by 48-week data from two Phase 3 double-blind, active controlled, randomized studies (ECHO and THRIVE) conducted by Tibotec evaluating the safety and efficacy of rilpivirine compared to efavirenz in treatment-naïve HIV-1 infected adults. Both arms of the studies were administered with a background regimen, in which the majority of patients in the rilpivirine arm received Truvada. A bioequivalence study conducted by Gilead Sciences demonstrated that the co-formulated single-tablet regimen achieved the same levels of medication in the blood as emtricitabine plus rilpivirine plus tenofovir disoproxil fumarate.
For more information about Gilead Sciences, please visit: www.gilead.com
Read the full article and disclaimer at: http://pennyomega.com/?p=17354
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September 24th, 2011 at 03:47 pm
Enzo Biochem, Inc. (ENZ)
Enzo Biochem, Inc., is a growth-oriented integrated life sciences and biotechnology company focused on harnessing biological process to develop research tools, diagnostics and therapeutics, and serves as a provider of test services, including exotic tests, to the medical community. Since ENZ was founded in 1976, their strategic focus has been on the development of enabling technologies in the life sciences field.
Read the full article and disclaimer at: http://pennyomega.com/?p=17352
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September 24th, 2011 at 03:44 pm
Pool Corporation (Nasdaq:POOL) announced that Mark Joslin, Vice President and CFO, will be presenting at the 2nd Annual Credit Suisse Small/Mid Cap Conference at the Parker Meridien Hotel in New York, NY. Mr. Craig Hubbard, Investor Relations Officer, will also be attending the conference. Mr. Joslin is slated to present on September 27th at 10:00am Eastern. The presentation slides will be posted on POOLCORP's website at that time.
Read the full article and disclaimer at: http://pennyomega.com/?p=17351
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September 24th, 2011 at 03:34 pm
MAJESTIC GOLD CORP (MJGCF.PK)
MAJESTIC GOLD CORP (MJGCF.PK) engages in the exploration and development of mineral properties in China. The company focuses on its gold project located in the prolific gold region of Song Jiagou in eastern Shandong Province. Majestic Gold Corp. is headquartered in Vancouver, Canada.
Read the full article and disclaimer at: http://pennyomega.com/?p=17350
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September 24th, 2011 at 03:31 pm
Cabot Oil & Gas Corporation (NYSE:COG) announced that its third quarter production guidance is unaffected by recent operational challenges and the logistics of moving gas in northeast Pennsylvania that have been publicized. "In our published guidance (of 521 Mmcfe per day to 567 Mmcfe per day), we allow for some level of disruptions because history shows unforeseen circumstances can occur," said Dan O. Dinges, Chairman, President and Chief Executive Officer. "We have experienced solid and expanding production levels in July and August that solidify the quarter's production outlook. Additionally, prior to the end of September our year-to-date production levels will surpass those posted for all of 2010, with the entire fourth quarter representing growth."
Read the full article and disclaimer at: http://pennyomega.com/?p=17349
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September 24th, 2011 at 03:28 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 the full article and disclaimer at: http://pennyomega.com/?p=17348
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