Pennyomga23's Personal Finance Blog

Audiovox Corporation (NASDAQ:VOXX) announced financial results for its fiscal 2012, second quarter and six months ended August 31, 2011. Commenting on the Company's performance, Pat Lavelle, President and CEO stated, "Through the first half of the year, our business is primarily tracking to plan. Our automotive OEM business continues to grow. Our international operations are performing well, despite weakness in some European countries, and our Klipsch acquisition is meeting plan with a lot of potential to grow in the years ahead. Additionally, car sales over the past few months have rebounded and all signs are pointing to continued strength.

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Crown Equity Holdings Inc., (CRWE)

Crown Equity Holdings Inc. (CRWE) recently announced 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.



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Cimatron Limited (NASDAQ:CIMT) announced that its latest version of CimatronE includes a large selection of enhancements for mold makers. These will be on display next week at trade shows CMTS (Canada) and Fakuma (Germany). "CimatronE 10 surpasses all previous versions, offering significantly faster mold design and manufacturing capabilities, while increasing quality," said Ira Bareket, Cimatron's VP Sales and Marketing. "Current customers are expected to shorten delivery times by 10-25% just by upgrading."

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GSI Technology, Inc. (Nasdaq:GSIT) announced that, on the basis of preliminary financial results, the Company expects to report net revenues of approximately $20.8 million for its second fiscal quarter ended September 30, 2011. These estimated results compare to guidance of $22.8 million to $23.8 million that the Company provided early in the second quarter. GSI also reported that direct and indirect sales to its largest customer, Cisco Systems, are expected to be approximately $7.9 million, compared to $9.6 million in the previous quarter, and that softness in demand from Asian OEM customers also contributed to weaker-than-expected second-quarter sales.

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Astrotech Corporation (Nasdaq:ASTC), a leading provider of commercial aerospace services, announced that its Astrotech Space Operations (ASO) subsidiary has won a fully-funded task order under the previously announced indefinite delivery, indefinite quantity (IDIQ) contract for payload processing support at the Eastern Range. The Company will provide facilities and payload processing services from its Titusville, Florida location in support of the National Aeronautics and Space Administration (NASA) Radiation Belt Storm Probes (RBSP) mission scheduled to launch in September 2012.

"We look forward to furthering our partnership with NASA through support of the RBSP mission," stated Don M. White Jr., Senior Vice President and General Manager of Astrotech Space Operations. "Astrotech is proud to continue playing a critical role in the success of NASA's science missions by providing processing services and state-of-the-art facilities."

On July 26, 2010 Astrotech announced the award of a $9.5 million indefinite delivery, indefinite quantity contract with NASA for payload processing support services associated with potential future missions. RBSP is the third mission awarded to Astrotech under the IDIQ contract. The Radiation Belt Storm Probes mission is part of NASA's Living With a Star Geospace program to explore fundamental processes that operate throughout the solar system. RBSP is being designed to help NASA understand the sun's influence on the Earth and near-Earth space by studying the planet's radiation belts on various scales of space and time.

From Titusville, Florida, and Vandenberg Air Force Base, California, Astrotech Space Operations provides all support necessary for government and commercial customers to successfully process their satellite hardware for launch, including advance planning; use of unique facilities; and spacecraft checkout, encapsulation, fueling, and transport. In its 30 year history, ASO has supported the processing of more than 290 spacecraft without impacting a customer's launch schedule.

Astrotech is one of the first space commerce companies and remains a strong entrepreneurial force in the aerospace industry. We are leaders in identifying, developing and marketing space technology for commercial use. Our ASO business unit serves our government and commercial satellite and spacecraft customers with pre-launch services on the eastern and western range. 1st Detect Corporation is developing what we believe is a breakthrough Miniature Chemical Detector, while Astrogenetix, Inc. is a biotechnology company utilizing microgravity as a research platform for drug discovery and development.

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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.

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PerkinElmer, Inc., (NYSE:PKI) announced that on Thursday, November 3, 2011, after market close, the Company will release third quarter 2011 results. The Company will also host a conference call on November 3, 2011 at 5:00 p.m. ET to discuss these results. Robert F. Friel, chairman and chief executive officer, and Andy Wilson, senior vice president and chief financial officer will host the conference call.

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Pandora Media, Inc. (NYSE:P) announced that Tim Westergren, founder and chief strategy officer, will speak at the 2011 Web 2.0 Summit. Mr. Westergren's session will start at 7:55PM (EDT) / 4:55PM (PDT) on Tuesday, October 18th, 2011 in San Francisco, CA. Live audio webcast of his session will be available on Pandora's Investor Relations website at http://investor.pandora.com/ as well as the Web 2.0 website at http://web2summit.com/live.

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Watson Pharmaceuticals, Inc. (NYSE:WPI) confirmed that its subsidiary, Watson Laboratories, Inc., filed an Abbreviated New Drug Application (ANDA) with the U.S. Food and Drug Administration (FDA) seeking approval to market Methylphenidate Transdermal System, 10 mg/9 hrs, 15 mg/9 hrs, 20 mg/9 hrs, and 30 mg/9 hrs. Watson's Methylphenidate Transdermal System products are generic versions of Noven Pharmaceuticals, Inc.'s Daytrana(R). Daytrana(R) is a CNS stimulant indicated for the treatment of

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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).

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Edwards Lifesciences Corporation (NYSE:EW) plans to announce its operating results for the quarter ended September 30, 2011 after the market closes on Wednesday, October 19, 2011 and will host a conference call at 5:00 p.m. ET that day to discuss its results. To participate in the conference call, dial (877) 407-8037or (201) 689-8037. For 72 hours following the call, an audio replay can be accessed by dialing (877) 660-6853 or (201) 612-7415 and using account number 2995 and conference number 380466.

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McKesson Corporation (NYSE:MCK) will release financial results for its second fiscal quarter ended September 30, 2011 on Tuesday, October 25, 2011, following the market close at approximately 4:00 PM Eastern Time (1:00 PM Pacific Time). The company has scheduled a conference call for 5:00 PM Eastern Time (2:00 PM Pacific Time), during which John Hammergren, chairman and chief executive officer, and Jeff Campbell, executive vice president and chief financial officer, will review these results.

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Becton, Dickinson and Company (NYSE:BDX) announced that it will conduct a live webcast of its fourth fiscal quarter and full fiscal year 2011 earnings conference call on Wednesday, November 2, 2011, at 8:00 a.m. (ET). BD will issue a press release detailing the quarter's earnings earlier that morning. The webcast of the conference call, along with related slides, will be accessible through BD's website at www.bd.com/investors and will be available for replay through Wednesday, November 9, 2011.

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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.



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Google Inc. (NASDAQ: GOOG) announced financial results for the quarter ended September 30, 2011.

"We had a great quarter,” said Larry Page, CEO of Google. “Revenue was up 33% year on year and our quarterly revenue was just short of $10 billion. Google+ is now open to everyone and we just passed the 40 million user mark. People are flocking into Google+ at an incredible rate and we are just getting started!"

Q3 Financial Summary

Google reported revenues of $9.72 billion for the quarter ended September 30, 2011, an increase of 33% compared to the third quarter of 2010. Google reports its revenues, consistent with GAAP, on a gross basis without deducting traffic acquisition costs (TAC). In the third quarter of 2011, TAC totaled $2.21 billion, or 24% of advertising revenues.

Google reports operating income, operating margin, net income, and earnings per share (EPS) on a GAAP and non-GAAP basis.

GAAP operating income in the third quarter of 2011 was $3.06 billion, or 31% of revenues. This compares to GAAP operating income of $2.55 billion, or 35% of revenues, in the third quarter of 2010. Non-GAAP operating income in the third quarter of 2011 was $3.63 billion, or 37% of revenues. This compares to non-GAAP operating income of $2.93 billion, or 40% of revenues, in the third quarter of 2010.

GAAP net income in the third quarter of 2011 was $2.73 billion, compared to $2.17 billion in the third quarter of 2010. Non-GAAP net income in the third quarter of 2011 was $3.18 billion, compared to $2.46 billion in the third quarter of 2010.

GAAP EPS in the third quarter of 2011 was $8.33 on 327 million diluted shares outstanding, compared to $6.72 in the third quarter of 2010 on 322 million diluted shares outstanding. Non-GAAP EPS in the third quarter of 2011 was $9.72, compared to $7.64 in the third quarter of 2010.

Non-GAAP operating income and non-GAAP operating margin exclude the expenses related to stock-based compensation (SBC). Non-GAAP net income and non-GAAP EPS exclude the expenses related to SBC and the related tax benefits. In the third quarter of 2011, the charge related to SBC was $571 million, compared to $380 million in the third quarter of 2010. The tax benefit related to SBC was $116 million in the third quarter of 2011 and $85 million in the third quarter of 2010.

Google Inc. maintains an index of Web sites and other online content for users, advertisers, and Google network members and other content providers. It offers AdWords, an auction-based advertising program; AdSense program, which enables Web sites that are part of the Google Network to deliver ads from its AdWords advertisers; Google Display, a display advertising network that comprises the videos, text, images, and other interactive ads; DoubleClick Ad Exchange, a real-time auction marketplace for the trading of display ad space; and YouTube that provides video, interactive, and other ad formats for advertisers.

More about GOOG at www.google.com.

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Lucas Energy, Inc. (Amex:LEI) announced that responded to inquiries regarding the recent stock price activity. William A. Sawyer, President and Chief Executive Officer of the Company said, "Management of the Company believes the Company's fundamentals are strong and does not understand why the Company's stock price fluctuated so low, and then rebounded suddenly." As of the latest filing on June 30, 2011, the book value of the Company's assets was $1.23 per share. Within the past few days, the stock traded as low as $1.04 and as high as $1.80 per share, closing today at $1.49 per share.

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Cleantech Transit Inc (CLNO)

Biomass energy can be in solid, liquid or gaseous form, permitting a wide range of applications. At present, the majority of biomass energy can be supplied in solid form (eg, hog chips, sawdust, pellets, charcoal, garbage), and in liquid form (eg, pulping liquors and ethanol). Other liquid forms of biomass energy include methanol (wood alcohol) and vegetable oils. Landfill gas (methane) from the anaerobic digestion of municipal solid waste in refuse sites is becoming more widespread in use.

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Expedia, Inc. (NASDAQ:EXPE) will host a conference call to discuss results for its third quarter ended September 30, 2011 on Thursday, October 27 at 2:00 p.m. Pacific Time / 5:00 p.m. Eastern Time. A live audiocast of the call will be available to the public at http://www.expediainc.com/ir and replays are expected to be available for at least three months. Expedia, Inc. will post a release reporting its results on the Company's investor relations site at http://www.expediainc.com/ir approximately one hour prior to the call. The release will not be distributed via newswire.

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Global Hunter (GBLHF.PK)

Copper and brass are the materials of choice for plumbing, taps, valves and fittings. Thanks in part to its aesthetic appeal, copper and its alloys, such as architectural bronze, is used in a variety of settings to build facades, canopies, doors and window frames. Unlike plastic tubing, copper does not burn, melt or release noxious or toxic fumes in the event of a fire. Copper tubes also help protect water systems from potentially lethal bacteria such as legionella. Copper fire sprinkler systems are a valuable safety feature in buildings

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Digital Ally, Inc. (NASDAQGLY) announced that the Company will highlight a number of its new products and product features at the 118th Annual International Association of Chiefs of Police Conference and Exposition, which will be held October 22-26, 2011 at McCormick Place West in Chicago, Illinois. The Company will be exhibiting at Booth #861.

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Ampal-American Israel Corporation (Nasdaq:AMPL) announced that East Mediterranean Gas S.A.E. ("EMG") - in which it holds a 12.5% interest - has taken legal action against two Egyptian state-owned entities and an Israeli entity. EMG informed Ampal that it submitted a Request for Arbitration with the International Chamber of Commerce ("ICC") to begin arbitration proceedings against the Egyptian General Petroleum Corporation, the Egyptian Natural Gas Holding Company (the "EGPC/EGAS"), and the Israel Electric Corporation Ltd ("IEC"). IEC is Israel's largest electricity producer and is state-owned.

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Wireless Ronin Technologies, Inc. (Nasdaq:RNIN) will hold a conference call on Thursday, November 10 at 4:30 p.m. Eastern time to discuss results for the third quarter ended September 30, 2011. Financial results will be issued in a press release after the close of the market on the same day. Wireless Ronin's president and CEO, Scott Koller, and SVP and CFO, Darin McAreavey, will host the presentation, followed by a question and answer period. Date: Thursday, November 10, 2011, Time: 4:30 p.m. Eastern time (3:30 p.m. Central time) Dial-In Number: 1-877-941-4774International: 1-480-629-9760, Conference ID#:4479951.

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Chesapeake Midstream Partners, L.P. (NYSE:CHKM) announced the pricing of an underwritten public offering of 10 million common units representing limited partner interests owned by Global Infrastructure Partners (GIP). GIP offered the common units to the public at $26.65 per unit and has granted the underwriters a 30-day option to purchase up to 1.5 million additional common units.

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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=17796

Tortoise Energy Infrastructure Corp. (NYSE:TYG) announced that as of Sept. 30, 2011, the company's unaudited total assets were approximately $1.4 billion and its unaudited net asset value was $855.5 million, or $30.94 per share. As of Sept. 30, 2011, the company was in compliance with its asset coverage ratios under the Investment Company Act of 1940 (the 1940 Act) and basic maintenance covenants. The company's asset coverage ratio under the 1940 Act with respect to senior securities representing indebtedness was 490 percent, and its coverage ratio for preferred shares was 375 percent. For more information on calculation of coverage ratios, please refer to our most recent applicable prospectus.

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HCP, Inc (NYSE:HCP) will report its third quarter financial results on Monday, October 31, 2011, before the open of trading on the New York Stock Exchange. The Company will also host a conference call and webcast at 9 a.m. Pacific Time (12 noon Eastern Time) that same day in order to review its financial performance and operating results for the quarter ended September 30, 2011.

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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=17790

Tennant Company (NYSE:TNC) introduced its new family of upright vacuums to provide solutions for customers who need simple, commercial-grade products with proven performance at a lower total cost of ownership. Designed to handle a variety of floor-care challenges, Tennant's new upright vacuum line offers various size and power options for facilities with small, hard-to-reach areas, large spaces, and anywhere in between.

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ALLETE, Inc. (NYSE:ALE) will announce its financial results for the third quarter of 2011 before the stock markets open on Wednesday, November 2, 2011. Following the release, ALLETE Chairman, President and Chief Executive Officer Alan R. Hodnik and Chief Financial Officer Mark A. Schober will present an overview of results and discuss other factors affecting performance during a conference call beginning at 10 a.m. Eastern time.

ALLETE, Inc., together with its subsidiaries, primarily engages in the generation, transmission, and distribution of electric power in the United States.

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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=17787