JDS Uniphase Corp. (JDSU) reported a loss of 15 cents per share for the first quarter, wider than the Zacks Consensus Estimate of loss of 4 cents per share.   Net revenues were $297.8 million, compared to net revenues of $273.1 million for the prior quarter and net revenues of $273.1 million for the year-ago quarter.   Non-GAAP net revenues were $298.6 million, which includes $7.5 million from the acquisition of the Storage Network Tools business, increased 9% when compared to the previous quarter and decreased 21% when compared to the first quarter of fiscal 2009.

Communications Test and Measurement revenues of $143.4 million increased 8% from the previous quarter and decreased 11%, compared to the first quarter of fiscal 2009. Revenues from this segment represented 48% of total non-GAAP net revenues.

Communications and Commercial Optical Products revenues of $101.1 million increased 12% when compared with the previous quarter and decreased

With headquarters in San Jose, California, Symmetricom, Inc. supplies timing and synchronization hardware, software, and services to industry, government, utilities, research centers, and aerospace markets worldwide. Trading on the NASDAQ Global Market, the Company operates in two divisions: Telecom Solutions and Timing, Test, and Measurement.

Symmetricom products provide the precise time, frequency, and synchronization signals required by a network of GPS satellites. Worldwide, the international timescale is set to sub atomic precision using Symmetricom frequency reference. The Company’s timing solutions are critical to radio navigation in coastal waters, deployment of missiles, and the seamless delivery of voice, data, and video across telecom and cable networks, and uninterrupted availability of power to millions.

Symmetricom designs, manufactures, and delivers atomic clocks, network synchronization, and timing solutions. These find use in wireline and wireless telecom networks, cable networks, space, defense and avionics systems, and enterprise IT networks. The Company’s customers include network and cable service

The world is seeing a move to on-demand information and mobile computing, evident by the explosion of smartphones in recent years.  Furthermore, bandwidth demand has increased drastically as more people are emailing, texting, downloading applications and watching YouTube on their cell phones, thus requiring networks to be upgraded accordingly.  Mobile networks have been upgraded both domestically and internationally to 3G and will eventually be revamped up to 4G.  In the home, cable networks have been upgraded from coaxial cables to fiber optics by companies like AT&T [T: 24.79, +0.16 (+0.65%)] and Verizon [VZ: 29.26, -0.01 (-0.03%)] to gain access to more HD channels and faster, more reliable internet connections. There has also been a shift on the consumer front as wireless companies have been rolling out unlimited prepaid plans favoring consumers looking to trade down and cut costs in this tumultuous economic environment.  I’ll give a

America’s credit-based consumer economy is dead, says James Howard Kunstler. The government and its zombie banks are trying to preserve the status quo. But activities based on getting something-for-nothing will soon be replaced by those producing the things we need to survive. And in this economy, there will be enough work for everyone…

This from Whiskey & Gunpowder:

Though Citicorp (NYSE:C) is deemed too big to fail, it’s hardly reassuring to know that it’s been allowed to sink its fangs into the Mother Zombie that the U.S. Treasury has become and sucked out a multi-billion dollar dose of embalming fluid so it can go on pretending to be a bank for a while longer.

I employ this somewhat clunky metaphor to point out that the U.S. Government is no more solvent than the financial zombies it is keeping on walking-dead support. And so this serial mummery of weekend bailout schemes is as

Performance Health Technologies, Inc. (PFMH.OB), an emerging leader in the development of innovative exercise and rehabilitation products, was recently cited in a number of high-profile national news media programs. The company’s proprietary Core:Tx® rehabilitation system is being profiled on a Medstar Advances (http://www.medstar.com) news segment that will be aired until the end of September.

Medstar Television, Inc. is considered the leading source for televised medical health information and news. Medstar employs a staff of award-winning medical journalists and news professionals that prepare innovative programs delivered to worldwide broadcast stations and cable networks. The segment featuring the Performance Health Core:Tx™ has been delivered to over 60 major U.S. and regional television networks.

The Core:Tx® for Professionals is a unique system that turns rehabilitation therapy into a game-like experience. The wireless system enhances patients’ recovery from neuromuscular conditions by adding an element of entertainment

Brite-Strike Technologies, Inc. (OTC: BSTI) has began to receive the publicity they were anticipating over the past couple months. In August, Brite-Strike formed an agreement with Natick-based BJ’s Wholesale Club, which is significant as sales were previously spurred by word of mouth and trade-show appearances. Brite-Strike recently raised $450,000 for an ad campaign that continues into the fall with 30-second spots on CNBC, CNN, Tru-TV and various other cable networks.

The company’s co-founder, police officer Glenn Bushee, is pleased to report that sales are increasing on different avenues, “Our Web site sales have probably tripled” he stated. The increase in sales can be attributed to the ad blitz via cable TV and a national newspaper began in August.

A bright spot for the company is the new found success with their new Tactical Balls products. The product consists of

In this morning’s news, Brite-Strike Tactical Illumination Products, Inc. announced that it has launched a major media advertising campaign with 30-second commercials airing on some of the largest cable networks such as Bloomberg, CNBC, CNN, Fox Business News, Fox News, Tru-TV, and MSNBC and print ads appearing in the USA Today, the nation’s most widely circulated newspaper. The national television campaign will continue throughout the early fall months.

Expressing his excitement, Glenn Bushee, President of Brite-Strike Technologies, Inc, stated, “We are making a significant investment to move the Brite-Strike brand forward. Advertising on CNBC, for example, with over 95 million viewers, gives us a way to kick off our campaign in a big way. Our goal is to bring personal safety into the hands of ordinary citizens; their security is of the utmost importance.”

The Brite-Strike Tactical Blue-Dot™ line is currently being utilized by a