PennyOmega.com Stock Report!

PennyOmega.com Hot Stock News & Alerts!

Tuesday July 28, 2009

PennyOmega.com Stock Report!

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Roper Industries, Inc. (NYSE: ROP) reported financial results for the second quarter ended June 30, 2009. Net earnings for the second quarter were $60 million, or $0.64 per diluted share. Orders increased 4% over the first quarter, and second quarter sales were $505 million, flat to the first quarter and a 15% decrease compared to the same period in 2008. Operating margin was 19.0%, an increase of 180 basis points from the first quarter. Excluding restructuring costs, adjusted operating margin was 19.8% compared to 17.9% in the first quarter. Operating cash flow was $110 million, an increase of 15% from

Under Armour, Inc. (UA), based in College Park, Maryland, was founded in 1996 by former University of Maryland football player Kevin Plank. The company is the originator of performance apparel engineered to keep athletes cool, dry and light throughout the course of a game, practice or workout. With retailers across the U.S., Canada, the U.K., Ireland and Australia, the company offers a diverse assortment of apparel for men, women and youth.

The company recently announced that it will become the exclusive official outfitter of The University of Maryland (UM) Department of Athletics effective January 1, 2009. The five-year, $17.5M agreement gives Under Armour the right to provide uniforms, apparel and footwear to each of the Terps’ 27 varsity sports, including football, men’s and women’s basketball, lacrosse and soccer. The company previously signed apparel partnerships with UM’s football, men’s soccer, and men’s lacrosse teams.

The department-wide outfitter agreement includes