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Friday October 30, 2009

DrStockPick.com Stock Report!

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Cavitation Technologies, Inc. (OTC Bulletin Board: CVAT) announced a 3-for-1 forward stock split effective at the market open Thursday, October 29th. CTI is a world leader in the development of technologies that represent a quantum leap over existing processing methods for a wide variety of applications and industries. Positioned to provide licensing and sales of its technology which can be applied to virtually every industrial fluid that requires complex molecular bonding, including large-scale water purification, removing impurities from agricultural based oils, biodiesel production, instant aging effects for alcoholic spirits, increased extraction of end product in crude oil refining, blending of bio-fuels as well as production of hydro-fuel (up to 15% water content yielding more efficient and cleaner burning) and much more.

The Arch Chemicals, Inc. Board of Directors on October 30, 2009 declared a quarterly dividend of 20-cents on each share of Arch Chemicals (NYSE:ARJ) common stock. The dividend is payable on December 15, 2009 to shareholders of record at the close of business on November 13, 2009.

C&F Financial Corporation (Nasdaq: CFFI), the one-bank holding company for C&F Bank, today reported net income of $1.66 million for the third quarter of 2009, compared with $299,000 for the third quarter of 2008 ($1.82 million, adjusted to exclude the impairment charge taken in the third quarter of 2008 related to the corporation’s investments in perpetual preferred stock of the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac)). Net income available to common shareholders for the third quarter of 2009 was $1.37 million, or 45 cents per common share assuming dilution, compared with $299,000, or 10 cents per common share assuming dilution, ($1.82 million, or 60 cents per common share assuming dilution, adjusted to exclude the effect of the impairment charge) for the third quarter of 2008.

AirTran Airways, a subsidiary of AirTran Holdings, Inc. (NYSE: AAI), announced today that it will be offering buy one, get one free in-flight, Wi-Fi sessions on any of its more than 700 daily flights through the end of the year.

First Keystone Corporation (OTC BB:FKYS), parent company of First Keystone National Bank, reported net income of $2,086,000 for the quarter ending September 30, 2009, as compared to $2,227,000 for the third quarter of 2008. Earnings per share for the quarter ending September 30, 2009 were $.39, as compared to $.41 per share earned in the third quarter of 2008. For the nine months ending September 30, 2009, net income was $6,351,000 as compared to $5,835,000 for the first nine months of 2008, an increase of 8.8%. Earnings per share were $1.17 for the first nine months of 2009, up 9.4% from the $1.07 reported in the first nine months of 2008. The annualized return on assets and return on equity were 1.15% and 11.97%, respectively for the nine months ending September 30, 2009.

The Laclede Group, Inc. (NYSE: LG) reported today its seventh consecutive fiscal year of record earnings for fiscal 2009, which ended September 30, excluding the fiscal 2008 operating results and net gain on the sale of SM&P Utility Resources.

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Disclaimer: Our disclaimer is to be read and fully understood before using our site, reading our newsletter or joining our email list. Never invest in any stock featured on our site or emails unless you can afford to lose your entire investment. (read more) . Rule 17B requires disclosure of payment for investor relations. Crown Equity Holdings, Inc. (CRWE.OB) has received five thousand shares of free trading stock from a third party for advertising services for Cavitation Technologies, Inc. (CVAT.OB) and an additional twenty-five thousand shares of 144 restricted stock from Cavitation Technologies, Inc. (CVAT.OB) for 12 months of advertisement services.

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