Pennyomga23's Personal Finance Blog

Susquehanna Bancshares, Inc. (Nasdaq:SUSQ) has declared a fourth quarter dividend of $0.03 per common share, payable on November 21, 2011 to shareholders of record November 1, 2011. This represents an increase of $0.01 per common share over the previous quarterly dividend. Susquehanna expects to release third quarter 2011 earnings results on October 26, 2011. The press release will be posted under "News" in the Investor Relations section of Susquehanna's Web site at www.susquehanna.net on the same date.

Read full article and disclaimer at : http://pennyomega.com/?p=18008

Saba Software, Inc. (Nasdaq:SABA) the premier people cloud provider, would like to congratulate the winners of the 2011 Chief Learning Officer (CLO) Learning in Practice Awards and especially acknowledge the winners who are Saba customers. Overall, there were 57 honorees in 14 categories for outstanding achievements in the delivery of employee development programs over the past year. Of the honorees, Saba also received a gold award for Excellence in LMS from the 2011 CLO Learning in Practice Awards.

Read full article and disclaimer at : http://pennyomega.com/?p=18007

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.

Molybdenum is a metallic, silvery-white element which is very stable chemically but it will react with acids. The physical characteristic that makes molybdenum unique is that it has a very high melting point, 4,730 degrees Fahrenheit. This is 2,000 degrees higher than the melting point of steel. It is 1,000 degrees higher than the melting temperature of most rocks. As a pure metal, molybdenum is used because of its high melting temperatures (4,730 F) as filament supports in light bulbs, metal-working dies and furnace parts.

Read full article and disclaimer at : http://pennyomega.com/?p=18006

Loews Corporation (NYSE:L) will report third quarter 2011 financial results on Monday, October 31, 2011. A conference call for analysts and investors will begin at 11:00 a.m. EDT and will be hosted by the Company's chief executive officer, James S. Tisch, and chief financial officer, Peter W. Keegan.

Loews Corporation, through its subsidiaries, operates primarily as a commercial property and casualty insurance company.

Read full article and disclaimer at : http://pennyomega.com/?p=17986

Vitamin Shoppe, Inc. (NYSE:VSI) announced that the Company will release its fiscal third quarter 2011 financial results before the market open on Wednesday, October 26, 2011. A conference call will be webcast the same day beginning at 8:30 a.m. Eastern Time.

Vitamin Shoppe, Inc., through its subsidiaries, operates as a specialty retailer and direct marketer of nutritional products.

Read full article and disclaimer at : http://pennyomega.com/?p=17985

American Express Company (NYSE:AXP) reported third-quarter net income of $1.2 billion, up 13 percent from $1.1 billion a year ago. Diluted earnings per share was $1.03, up 14 percent from $0.90 a year ago.

American Express Company, together with its subsidiaries, provides charge and credit payment card products, and travel-related services worldwide.

Read full article and disclaimer at : http://pennyomega.com/?p=17984

Intel Corporation (Nasdaq:INTC) reported third-quarter results, setting new records for microprocessor units shipped, EPS, earnings and revenue, which was up 28 percent year-over-year.

“Intel delivered record-setting results again in Q3, surpassing $14 billion in revenue for the first time, driven largely by double-digit unit growth in notebook PCs,” said Paul Otellini, Intel president and CEO. “We also saw continued strength in the data center fueled by the ongoing growth of mobile and cloud computing.”

On a Non-GAAP basis, revenue was $14.3 billion, operating income was $5.1 billion, net income was $3.7 billion and EPS was 69 cents. On a GAAP basis, the company reported third-quarter revenue of $14.2 billion, operating income of $4.8 billion, net income of $3.5 billion and EPS of 65 cents.

The company generated approximately $6.3 billion in cash from operations, paid cash dividends of $1.1 billion, and used $4.0 billion to repurchase 186 million shares of common stock. Intel’s board of directors also voted to increase the company’s buyback authorization by $10.0 billion, raising the total unused balance to $14.2 billion at the end of the third quarter. The company also completed a senior notes offering of $5.0 billion primarily for the purpose of repurchasing stock.

Q3 2011 Key Financial Information (GAAP)

Business unit trends:
PC Client Group revenue of $9.4 billion, up 22 percent year-over-year.
Data Center Group revenue of $2.5 billion, up 15 percent year-over-year.
Other Intel architecture group revenue up 68 percent year-over-year.
Intel Atom microprocessor and chipset revenue of $269 million, down 32 percent year-over-year.

McAfee Inc. and Intel Mobile Communications contributed revenue of $1.1 billion.
The platform average selling price (ASP) was up year-over-year and flat sequentially.
Gross margin was 63.4 percent, 0.6 percent below the midpoint of the company’s expectation.
R&D plus MG&A spending was $4.2 billion, slightly below the company’s expectation.
Net gain of $107 million from equity investments and interest and other, consistent with the company’s expectations of approximately $100 million.
The effective tax rate was 29 percent, above the company’s expectation of approximately 28 percent.

The company used $4.0 billion to repurchase 186 million shares of common stock



More about INTC at www.intc.com.

Read the full article and disclaimer at: http://pennyomega.com/?p=17943

Rimage Corporation (Nasdaq:RIMG) announced that a federal law enforcement agency recently placed an order worth $2.36 million for Rimage's Digital Evidence Solutions. The order was for equipment mostly delivered in the third quarter and service to be delivered over the next three years. The order includes disc publishing systems and related Digital Evidence Solution software and accessories. They will be used to distribute and preserve digital evidence in offices nationwide. Rimage's Digital Evidence Solutions automate the collection and management of many sources and forms of digital evidence to optical media for distribution and long-term preservation.

Read the full article and disclaimer at: http://pennyomega.com/?p=17938

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=17937

Cbeyond, Inc. (NASDAQ:CBEY) has been named a BEST Award winner by the American Society for Training and Development (ASTD) for the second time in the last three years. The ASTD BEST Awards is the training industry's most rigorous and coveted recognition. The BEST Awards recognize a select 32 organizations that demonstrate enterprise-wide success through employee learning and development. "These 32 companies excelled in creating innovative, vibrant learning cultures that clearly aligned with strategic business goals," said Tony Bingham, ASTD's president and CEO. "They get it. The leadership of these organizations value learning and know it is a strategy driver."

Read the full article and disclaimer at: http://pennyomega.com/?p=17936

Mentor Graphics Corporation (NASDAQ:MENT) announced it is collaborating with Freescale Semiconductor to provide the Mentor® Embedded Linux In-Vehicle Infotainment (IVI) Base Platform for the Freescale i.MX6 series of scalable, multicore ARM Cortex A9-based processors. This effort will help speed the deployment of automotive IVI systems based on the new i.MX6 processors.

Read the full article and disclaimer at: http://pennyomega.com/?p=17935

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=17934

Arris Group, Inc. (NASDAQ:ARRS) announced that Jim Lakin, ARRIS President, Advanced Technology & Central Services Group, will present at Needham & Company's Fourth Annual Communications Conference at Needham Corporate Offices, New York on Tuesday, November 1, 2011 at approximately 8:25 a.m. Eastern. A live webcast of the presentation will be available by logging on to http://wsw.com/webcast/needham50/arrs/.

Read the full article and disclaimer at: http://pennyomega.com/?p=17933

THL Credit, Inc. (Nasdaq:TCRD) announced that it will report its financial results for its fiscal third quarter 2011 after the market closes on November 1, 2011. THL Credit will host a conference call to discuss these results and its business outlook on November 2, 2011, at 8:30 a.m. Eastern Daylight Time. The conference call will be led by James K. Hunt, chief executive officer, and Terrence W. Olson, chief operating officer and chief financial officer. For those wishing to participate by telephone, please dial (877) 375-9141 (domestic) or (253) 237-1151 (international).

Read the full article and disclaimer at: http://pennyomega.com/?p=17932

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=17931

ARIAD Pharmaceuticals, Inc. (NASDAQ:ARIA) announced that it will present at the 18th Annual Newsmakers in the Biotech Industry conference in New York City. Harvey J. Berger, M.D., chairman and chief executive officer, will provide an overview of the Company's oncology pipeline on Friday, October 21 at 9:00 a.m. (ET). The ARIAD presentation will be webcast live and can be accessed by visiting the investor relations section of the Company's website at http://www.ariad.com/investor.

Read the full article and disclaimer at: http://pennyomega.com/?p=17930

MAXIMUS, Inc. (NYSE:MMS) announced that its Board of Directors has approved a quarterly cash dividend of $0.09 per share, payable on November 30, 2011 to shareholders of record on November 15, 2011. MAXIMUS is a leading health and human services administrator for governments in the United States, United Kingdom, Canada and Australia. The Company delivers administrative solutions to improve the cost effectiveness, efficiency and quality of government-sponsored benefit programs, such as Medicaid, Medicare, Children's Health Insurance Program (CHIP), Health Insurance BC (British Columbia), as well as welfare-to-work and child support enforcement programs across the globe.

Read the full article and disclaimer at: http://pennyomega.com/?p=17913

Lennox International Inc. (NYSE:LII) announced it plans to report third quarter 2011 earnings before the market opens on Tuesday, October 25, 2011. A conference call is scheduled for the same day at 8:30 a.m. Central time. All interested parties are invited to listen as CEO Todd Bluedorn and CFO Bob Hau comment on the company's operating results for the quarter, followed by Q&A. To listen, please call the conference call line at 612-288-0337 at least 10 minutes prior to the scheduled start time and use reservation number 219563. The conference call will also be webcast on Lennox International's web site at http://www.lennoxinternational.com.

Read the full article and disclaimer at: http://pennyomega.com/?p=17911

Cabot Corp. (NYSE:CBT) has issued its sustainability report for fiscal years 2010 and 2011. The report, titled "Sustainability Matters," is now available online at www.cabot-corp.com. "Operating in a sustainable way is one of the most important challenges of our time," said Cabot President and Chief Executive Officer Patrick Prevost. "Our products play a vital role in meeting many of society's transportation, infrastructure and energy needs. At the same time, we understand the manufacture of critical industrial products such as ours comes with an environmental footprint.

Read the full article and disclaimer at: http://pennyomega.com/?p=17910

Acuity Brands, Inc. (NYSE:AYI) announced the introduction of Origami(TM) by Peerless®, a uniquely styled luminaire suited for a variety of public venues, including open and private offices, conference rooms, schools, libraries, museums and retail stores. Origami luminaires may also be specified for use in private residences and hospitality settings. For generations, the Peerless name has been synonymous with leading-edge design, quality illumination and manufacturing precision.

Read the full article and disclaimer at: http://pennyomega.com/?p=17909

Buckeye Technologies Inc. (NYSE:BKI) has scheduled a conference call for Wednesday, October 26, 2011 at 10:00 a.m. Central (11:00 Eastern) to discuss first quarter 2012 results. All interested parties are invited to listen to the call live or tape delayed via the website www.streetevents.com.

Buckeye Technologies Inc. engages in the manufacture and distribution of cellulose-based specialty products. It operates in two segments, Specialty Fibers and Nonwoven Materials.

Read the full article and disclaimer at: http://pennyomega.com/?p=17908

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=17907

Energen Corporation (NYSE:EGN) will broadcast a conference call live over the Internet on Thursday, October 27, 2011, at 11:00 a.m. ET. Company representatives will include James McManus, chairman and chief executive officer; Chuck Porter, chief financial officer; Johnny Richardson, president and chief operating officer of Energen Resources Corporation; and Julie Ryland, vice president of investor relations. Energen Corporation Quarterly Conference Call. 11:00 a.m. ET, on Thursday, October 27, 2011. Dial-in Number: 866-821-5457 (reference Energen 3rd Quarter Quarterly call). The call also may be accessed live at the company's website: www.energen.com.

Read the full article and disclaimer at: http://pennyomega.com/?p=17906

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=17905

Endurance Specialty Holdings Ltd. (NYSE:ENH) announced that Rene Lamer will assume the role of Senior Vice President and Head of U.S. Property Catastrophe Treaty Reinsurance. Mr. Lamer, a Bermudian, will continue to report to Stephen Young, Executive Vice President and Head of Global Catastrophe Reinsurance. Mr. Young commented, "Rene has proven himself a very talented executive at Endurance and a valued resource to our clients in structuring and pricing both traditional and alternative reinsurance programs. His extensive experience with catastrophe models and his strong underwriting capabilities have contributed to the Property Catastrophe group's overall success. We are looking forward to Rene taking on a broader role within the Bermuda Reinsurance team."

Read the full article and disclaimer at: http://pennyomega.com/?p=17904

Penn National Gaming, Inc. (PENN:Nasdaq) announced that it will release its 2011 third quarter financial results at 7:00 a.m. ET on Thursday, October 20, 2011 and will host a conference call and simultaneous webcast at 10:00 a.m. ET on Thursday, October 20, 2011. Both the call and webcast are open to the general public. The conference call number is 212/231-2917; please call five minutes in advance to ensure that you are connected prior to the presentation. Interested parties may also access the live call on the Internet at www.pngaming.com.

Read the full article and disclaimer at: http://pennyomega.com/?p=17885

BroadSoft, Inc. (NASDAQ:BSFT) announced it has signed a definitive agreement to acquire Helsinki, Finland-based Movial Applications, a privately held client developer for IP communications services, in an all cash transaction. The closing of the acquisition is subject to the satisfaction of various customary closing conditions. The combined expertise from this transaction is expected to fundamentally change the way individuals communicate by placing the power of BroadSoft's Unified Communications (UC) applications in the hands of enterprise and consumer users.

Read the full article and disclaimer at: http://pennyomega.com/?p=17884

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=17883

FARO Technologies, Inc. (NASDAQ:FARO) announced the launch of the Real Men Wear Pink campaign, which includes an online message board to raise money for breast cancer research. Visitors to www.faro.com/wearpink are invited to add their name and message to the website in support of finding a cure for the disease. FARO will donate $5 to charity for each message received. The Lake Mary, Florida-based Company joins a growing number of American manufacturers in the fight against breast cancer.

Read the full article and disclaimer at: http://pennyomega.com/?p=17882

SunOpta Inc. (Nasdaq:STKL) announced two key senior management appointments, effective immediately. Robert McKeracher has been appointed Vice President and Chief Financial Officer. In this role, Mr. McKeracher will report to Steve Bromley, President and Chief Executive Officer, SunOpta Inc. and be responsible for the Company's financial affairs and reporting activities including operational and external financial reporting and control, banking, treasury and tax and have a key role in investor relations and strategic corporate development.

Read the full article and disclaimer at: http://pennyomega.com/?p=17881