MMR Information Systems today described to investors the benefits of its MMRPro system for Electronic Medical Records (EMR). This system will utilize a proprietary, Kodak-branded architecture and will enable any medical practice, even small or mid-sized, to achieve standards in medical record computerization that qualifies them for funding under the American Recovery and Reinvestment Act (ARRA).

The entire MMRPro system should come in at under $20,000 over three years, a price point that trounces all competitors, as a typical EMR solution requires many times that much for only a single year. CEO and Chairman of MMRF, Robert H. Lorsch, quieted concerns raised last week in an article by the Washington Post that cited gross inconsistencies and inaccurate medications resulting from EMR systems by detailing the universality of the approach enabled by his Company’s MMRPro system.

Lorsch boldly proclaimed his Company’s commitment to resolving this situation through its software, saying that mistakes

Despite earlier this week announcing disappointing first-quarter results, Oracle Corp. (Nasdaq: ORCL) says it expects its second quarter will be stronger. However, many analysts are skeptical, as the company’s attempted takeover of Sun Microsystems Inc. (Nasdaq: JAVA) has not gone as smoothly as planned.

Oracle reported revenue for the three months ended Aug. 31 fell 5%, to $5.05 billion. Analysts were expecting $5.2 billion of sales.

Net income rose 4% to $1.1 billion, or 22 cents a share, by Generally Accepted Accounting Principles (GAAP), but the company leaned heavily on support contracts and cost cutting to maintain profitability. The world’s second-largest software maker blamed the drop on declining overseas sales and a stronger U.S. dollar.

“Oracle’s results were impacted by the reduced value of foreign currencies when compared to U.S. dollars, reducing Q1 GAAP earnings by $0.02 per share,” the company said. “Without this impact, Oracle’s Q1

“Made in China” is a hair-trigger slogan that would often ignite a tirade about lost jobs, junky products and sweatshop labor. Well, it looks like “Made in China” will be a relic of the past as the Communist Party goes up-market.

The People’s Daily reported today that China’s Coordination Bureau under Ministry of Industry and Information Technology (MIIT) will replace “Made in China” with “Created in China.” The intent is show the world that China is no longer a copycat maker of disposable junk, but has risen to become a true manufacturing innovator.

Why should investors care?

Because China’s transition to a high-quality manufacturer comes at a time when the economy is softening — perhaps prolonging a slump in stocks, real estate and exports.

For example, the Wall Street Journal ran a story today that speculated China’s economy could be worse than stated by government agencies.

China’s economic policy has been to maintain a minimum

Andy O'Rourke says the nuances of intraday trading and the impact of compounding in leveraged ETFs need to be fully understood.

Just four ETF companies took in more net new cash in November than DirexionShares. Its Large Cap Bull 3X Shares have been among the most heavily traded NYSE Arca stocks lately. IU.com's Eric Rosenbaum recently spoke with Direxion Funds' marketing director Andy O'Rourke about the rapid rise to ETF prominence and how the fund company can keep the momentum up.

IU.com: Is the company surprised by how quickly the market embraced the 3X approach?

O'Rourke: As of Dec. 12, we surpassed $800 million in assets. We were at least somewhat surprised that the response has been so positive. We hope that demand stays where it is, and we have every reason to believe it will, but we won't consider the ETFs an absolute success until their longevity is proven.

IU.com: Were

Jack Henry & Associates, Inc. (JKHY) provides computer systems and ATM/debit card/ACH transaction processing services primarily for financial services organizations. Jack Henry’s services are delivered through three business units: Symitar, ProfitStars and Jack Henry Banking. Jack Henry Banking provides integrated, enterprise-wide automation that banks need to execute their business strategies; support their growth, service, operational, and performance goals; and capitalize on the evolving trends shaping the financial services industry.

Jack Henry announced that Farm Credit Bank of Texas has selected Jack Henry Banking’s SilverLake core processing system to provide enterprise-wide automation. Farm Credit Bank, headquartered in Austin, Texas, provides funds and services to 20 rural lending cooperatives in Alabama, Louisiana, Mississippi, New Mexico and Texas. The bank, which has more than $14.2 billion in assets, will implement SilverLake in-house.

SilverLake provides automation designed for commercially focused banks ranging from de novo to multi-billion dollar, mid-tier institutions.