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DrStockPick.com Stock Report! 11/05/09, IRIX, CVAT, AKAM, DUSS, PETM, BRK, PMRY

Source: http://drstockpick.com/?p=4537
Posted on Thursday, November 5th, 2009 | In Investing Lessons, Stocks to Watch
Contributed by: Dr. Stock Pick (http://drstockpick.com) -

Dr Stock Pick HOT News & Alerts!

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Thursday November 5, 2009

DrStockPick.com Stock Report!

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Cavitation Technologies, Inc. (OTC Bulletin Board: CVAT) announced recently that it has signed Miura Engineering Co., Ltd. Tokyo, Japan (www.miura21.co.jp) as its new agent to serve markets in Japan for CTI’s Nano-Cavitation Process Systems. Miura is a leading Engineering Company specialized in Edible Oil Processing Plants in the Far East. Last week CVAT reported a 3-for-1 forward stock split.

IRIDEX Corporation (Nasdaq: IRIX) today announced that it will release its third quarter 2009 financial results after the market closes on Thursday, November 12, 2009. In conjunction with the release, the Company will host a conference call with the investment community at 5:00 p.m. Eastern Time on Thursday, November 12, 2009 to discuss the results of the quarter and other business developments.

Akamai Technologies, Inc. (NASDAQ: AKAM), the leader in powering video, dynamic transactions and enterprise applications online and iStreamPlanet, a leading provider of digital media strategy, services and software applications, today announced they have been selected to work with Microsoft Corp. to provide an integrated, end-to-end solution to deliver live and on-demand video online for NBC during the network’s coverage of the Vancouver Olympic Winter Games, February 12-28. The solution will leverage Microsoft IIS Smooth Streaming to deliver an uninterrupted, high-quality streaming experience to online audiences via Microsoft Silverlight-based media players.

Dussault Apparel Inc. (OTCBB: DUSS) announced today the launch of the Company’s online store locator. The online locator gives customers addresses and directions to the nearest Dussault or Deuce retail partner in their territory. The store locator can be found at www.dussaultapparel.com.

PetSmart (NASDAQ: PETM) is voluntarily recalling two Dentley’s Beef Hoof products for potential salmonella contamination. The products were manufactured by Pet Carousel, Inc. in Sanger, Calif.

Fitch Ratings has placed the ratings of Berkshire Hathaway Inc. (NYSE:BRK) and the ratings of BRK’s insurance subsidiaries on Rating Watch Negative (see full list of ratings below).

Pomeroy IT Solutions, Inc. (Nasdaq: PMRY), an information technology (”IT”) solutions provider (the “Company”), announced today that it entered into a memorandum of understanding to settle the purported class action lawsuit styled Hughes v. Pomeroy IT Solutions, Inc., et al., Case No. 4631-CC, filed on October 8, 2009 in the Commonwealth of Kentucky Boone Circuit Court. The lawsuit alleges, among other things, that the Company’s directors are in breach of their fiduciary duties to stockholders in connection with the Company entering into the Agreement and Plan of Merger dated as of September 25, 2009 by and among the Company, Project Skyline Intermediate Holding Corporation and Project Skyline Merger Corporation. The memorandum of understanding is subject to customary conditions including approval by the court and consummation of the merger contemplated by the merger agreement. There can be no assurance that the settlement will be finalized or that the court will approve the settlement. The settlement terms provide that the lawsuit will be dismissed with prejudice against all defendants. The settlement will not affect the amount of the merger consideration to be paid to the Company’s stockholders in connection with the merger.

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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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advertisement services, advertising services, Akamai Technologies Inc., Beef Hoof, Berkshire Hathaway Inc, Boone Circuit Court, California, Cavitation Process Systems, Cavitation Technologies Inc., Commonwealth Day, Crown Equity Holdings Inc.;, Dentley, digital media strategy, Dr Stock Pick, Dussault Apparel Inc., Far East, Fitch Ratings, information ;, Information Technology, insurance subsidiaries, Investing Lessons, IRIDEX Corporation, iStreamPlanet, Japan, Kentucky Boone Circuit Court, leader, media players, Microsoft Corp, Miura Engineering Co. Ltd., Nbc, online audiences, online locator, online store locator, Pet Carousel Inc., Petsmart, Pomeroy IT Solutions Inc., Project Skyline Intermediate Holding Corporation, Project Skyline Merger Corporation, Sanger, software applications, stock featured on our site;, Stocks to Watch, the Vancouver Olympic Winter Games, Tokyo, www.dussaultapparel.com, www.miura21.co.jp




About Dr. Stock Pick (http://drstockpick.com)
Dr. Stock Pick is a seasoned equity trader and financial investor well known for his savvy business instincts. He’s on the Crown Equity Holdings, Inc (CRWE.OB) financial staff as a professional investment analyst and consultant. He’s syndicated on over 1000 websites including crwenews.com, stock-ir.com giving daily up to the minute information about stocks, options, currencies and more. Be sure to sign up for his award winning newsletter featuring his top stock alerts.

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