Yesterday, after market close, ADC Telecommunications Inc. (ADCT) declared financial results for the fourth quarter of fiscal 2009. Earlier, the Board of Directors of ADC had taken a decision to change its fiscal year from Oct 31 to Sep 30. As a result, fiscal year 2009 ended on Sep 30, 2009, which means the company got only two months as its fourth quarter. The fourth quarter of fiscal 2009 would, therefore, not be comparable to either the prior-year quarter or the previous quarter. For this reason, management has presented pro forma results for the three month period ending Sep 30 and its comparable quarter.   Actual revenue of fourth quarter 2009 was $183.9 million, below the Zacks Consensus Estimate of $189 million. Quarterly pro forma revenue was $293.6 million, down 17.5% year-over-year. This significant decline in revenue is the result of the global economic recession across all the ...

Single Touch Systems, Inc. provides wireless operators, consumer brands, and retailers with innovative mobile commerce delivery solutions. The company enables consumers to engage their mobile phones as proxy wallets or brand/retail environments by simply dialing a short branded phone number, or Abbreviated Dial Code (ADC).

Single Touch System’s ADC platform has been designed to be customizable to the needs of brands and retailers. Abbreviated Dial Codes, Mobile Coupon Platform, Listen Live Now, Mobile Microphone and other programs make Single Touch Systems a leading mobile commerce company to link wireless with on-line and brick and mortar business.

SITO remains focused on adding new ADC clients and believes that their campaigns will continue to evolve beyond ringtone and other media content downloads. SITO intends to use profits from operations to maintain and grow each product category, while raising additional capital to maintain existing and generate expanded operations.

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Saturday September 26, 2009

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Citrix Systems, Inc. (NASDAQ:CTXS) today announced that Citrix(R) has been evaluated and positioned by Gartner, Inc. in the leaders quadrant in the 2009 Application Delivery Controllers Magic Quadrant1 report authored by Mark Fabbi, Gartner VP Distinguished Analyst, and Joe Skorupa, Research VP. The report evaluates NetScaler(R), a key component of the company’s virtualization, networking and cloud computing strategy,. Gartner defines a vendor in the Leaders Quadrant as one who has “the ability to shape the market by introducing additional capabilities

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Yesterday, ADC Telecommunications Inc. (ADCT) declared third-quarter results after market close. Total revenue rose 3% sequentially to $283.4 million but was down 25.8% year over year. Quarterly revenue was also 1.2% better than the Zacks Consensus Estimate. The significant drop in year-over-year sales was a weak performance of all three business segments whereas sequential improvement primarily came from higher sales of Global Connectivity Solutions in the U.S. and Asia-Pacific regions.

On a GAAP basis, net earnings in the third quarter was $5.6 million, or 6 cents per share, compared to $13.4 million, or 11 cents, in the prior-year period and a net loss of $9.6 million, or 10 cents per share, in the previous quarter. However, ADC’s quarterly adjusted profit of $16.5 million, or 17 cents a share, beat the Zacks Consensus Estimate of 13 cents.

Quarterly gross margin was 34.8%, up from 34.2% a year ago and

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With just 51 companies scheduled to report, economic news will be at the forefront. The only S&P 500 members on the earnings calendar are Brown Foreman (BF.B) and Ciena (CIEN)

The economic calendar is pretty packed with the August ISM surveys, August employment data and minutes from the last Fed meeting all scheduled to be released. Adding to the potential volatility will be light volume, particularly on Friday afternoon as many traders leave early for the holiday.

Monday: August Chicago PMI Tuesday: August ISM manufacturing index, August auto sales, July construction spending, July pending home sales Wednesday: August ADP employment survey, August Fed minutes, July factory orders, revised Q2 productivity, weekly crude inventories, weekly mortgage applications Thursday: August ISM services index, weekly initial jobless claims, weekly natural gas inventories Friday: August unemployment rate and nonfarm payrolls

No Fed officials are scheduled to speak.

The U.S. financial markets will be closed on Monday,

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LAS VEGAS, Aug. 11, 2009 (GLOBE NEWSWIRE) — A profile examining one company’s efforts in the intriguing realm of Abbreviated Dial Codes (ADC’s) and the monetization of this technology has been made available to investors of wireless communication companies Single Touch Systems, Inc. (OTCBB:SITO), AT&T (NYSE:T), Verizon Communications Inc. (NYSE:VZ), Sprint Nextel (NYSE:S), and Motorola Inc. (NYSE:MOT).

http://www.otcjournal.com/Single-Touch-Systems-Inc/SITO/af/profile/

From the report: "Imagine if you had the opportunity to invest in a small cap growth company that owned every 1-800 number back when toll free numbers appeared in 1967. Then, imagine your small cap company earned a fee every time a 1-800 number was dialed. You’d have made a fortune on that investment. Entire companies have been built around toll free numbers- 1-800 Flowers is one example. Today’s small cap growth company, Single Touch Systems, has a toll booth for the next generation of 800

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Streaming Advertising Patents Part of the Package

SAN DIEGO, June 2 /PRNewswire-FirstCall/ — Single Touch Systems (OTC Bulletin Board: SITO) announces the acquisition of a patent portfolio (the Patent Portfolio). The Patent Portfolio contains multiple patents and patents pending related to mobility, including patents on streaming advertising media to mobile devices. The Patent Portfolio represents a managed media solution for building nationally scalable marketing campaigns for mobile devices across carriers.

With this strategic acquisition, Single Touch Systems, the wireless leader in Abbreviated Dial Codes, has positioned itself in the forefront to provide a first of its kind advertising and redemption system in the wireless industry.

‘Targeted advertising and redemption via wireless devices is a big part of what we do! The addition of these patents to our existing e-commerce related patent filings further strengthens our position in this growing sector,’ said Anthony Macaluso, CEO and President of Single Touch. ‘When you

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Ciena (

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RehabCare Group Inc. (...

Autozone, Inc. (

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