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Thursday Nov 19, 2009

DrStockPick.com Stock Report!

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PowerSafe Technology Corporation (PSFT.PK) subsidiary Amplification Technologies Inc. (www.amplificationtechnologies.com) (ATI), is offering higher performance thermoelectrically cooled discrete amplification single photon counting solid state photodetectors. These photodetectors are mounted on a two stage thermoelectric cooler inside a hermetically sealed TO8 package and can be operated down to a temperature of -30oC.

The Deal magazine has named Abbott (NYSE: ABT) as one of its Most Admired Corporate Dealmakers for the second consecutive year. The Deal honored Abbott as its Most Admired Dealmaker in pharma/biotech for the most effective strategic use of acquisitions and divestitures since January 2006.

American Electric Power (NYSE: AEP) utility subsidiary AEP Southwestern Electric Power Company (SWEPCO) has signed a letter of intent to purchase the transmission and distribution assets of Valley Electric Membership Corporation (VEMCO). Valley Electric Board members unanimously approved a voluntary dissolution of the cooperative. Pending due diligence, SWEPCO will purchase the VEMCO assets for approximately $94 million, and assume certain other liabilities. The company also will provide payment for the VEMCO patronage capital at closing, currently estimated at about $30 million. A purchase agreement is expected by the end of the year, and a VEMCO membership vote to dissolve is anticipated in January or February.

Equifax, Inc. (NYSE: EFX), announced today an addition to its Personal Information Solutions suite of identity protection, credit monitoring and personal finance products, Equifax Credit Score Card((TM)). The Equifax Credit Score Card provides consumers with a FREE snapshot of their credit score range and a high-level explanation of their credit standing. Access to the credit score range also includes a description of some of the key factors that may be impacting the credit score, as well as a customized recommendation of an Equifax product that can help the consumer better understand, track and protect their credit.

Fannie Mae (NYSE: FNM) announced the company launched a Spanish version of its HomePath.com website designed to help more potential homeowners who speak Spanish purchase Fannie Mae-owned properties.

Lincoln Financial Group (NYSE: LNC) today announced the introduction of its new single premium product, Lincoln MYGuarantee(SM) Plus deferred fixed annuity. The solution is available for qualified (IRA and Roth IRA) and non-qualified money available for retail distribution to Managing General Agent (MGA) partner firms as well as Lincoln Financial Network. This new retirement solution helps people secure their financial futures by offering a steady, tax-deferred fixed rate of return without equity risk. The solution also offers interest rate guarantee periods for a specific number of years up to a full decade allowing clients to choose a time period suited to their financial goals.

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