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Company News for November 5, 2009 – Corporate Summary

Zacks Market Commentaries (November 5th, 2009) Writes:

• Cisco Systems (NASDAQ:CSCO) reported better-than-expected first quarter adjusted earnings of 36 cents a share, versus 37 cents a year ago, beating Zacks estimates of 26 cents a share.  Revenues of $9 billion, though off last year's $10.3 billion, exceeded Zacks projections of $8.75 billion. Current quarter revenue guidance was lifted to 1%-4% growth from a year ago to $9.9 billion-$10.2 billion.  CEO John Chambers said the numbers "continued to reflect strong sequential growth trends," as he noted an improving economic outlook

• Toyota Motor (NYSE:TM) reported a surprise quarterly profit and halved its annual loss estimate as both its revenue and cost-cutting expectations beat estimates after vehicle demand grew in the US and Asia. The company said it now sees a $2.2 billion loss for its fiscal year ending March

• Costco Wholesale (NASDAQ:COST) reported same-store-sales rose 5% in October, ahead of estimates of a 4.7% gain, as a weak dollar

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Invest Like Buffett: Dump Moody’s and Snatch Up These 11 Stocks

Contrarian Profits (July 24th, 2009) Writes:

Warren Buffett’s Berkshire Hathaway Inc (NYSE:BRK.A) is finally starting to offload its 20% stake in ratings agency Moody’s Corporation (NYSE.MCO).

Here are listed sales in the filing, courtesy of 24/7WallStreet.com:

· 7/20/09… 1,817,000 at $28.7269 average in open market sale.

· 7/21/09… 3,915,100 at $26.9188 average in open market sale.

· 7/22/09… 2,254,200 at $26.6425 average in open market sale.

What took Buffett so long to start selling Moody’s? We have no idea. Moody’s runs one of the biggest scams on Wall Street. It charges the companies whose securities it rates (just like Standard & Poor’s and Fitch also do).

So what do you think these ratings agencies did when presented with a whole load of junk mortgage-backed securities to rate? They assigned them investment grade status and pocketed the cash.

If these ratings agencies had instead acted honestly and responsibly (rather than pimping

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Brite-Strike Technologies, Inc. (BSTI.PK) is Drawing More Customers Through Major Retailers

QualityStocks (September 22nd, 2008) Writes:

Brite-Strike Technologies, Inc. (OTC: BSTI) previously relied mainly on word-of-mouth in order to publicize their products as well as the company’s website and several high-end catalogs, but today their dedicated work to allure customers through a major media advertising campaign is paying off.

With their inviting price points, community involvement, and niche focus for citizens who seek added security, such as women, volunteer workers, and others, Brite-Strike’s line of consumer-centric personal protection products are quickly gaining a retail presence among nationally recognized retail stores. The company’s primary distribution channels continue to be through their attendance at international police and law enforcement trade shows held throughout the United States and Europe.

During 2008, the company entered into a number of agreements in order to expand their distribution channels. The first major agreement came with Brite-Strike shipping 3,600 Lighting Strike

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James Cullen: Is Buffett Buying American Express (AXP)?

Stockmasters Staff (August 28th, 2008) Writes:
Via the CollegeAnalysts.com, James Cullen ponders is Warren Buffett Buying more American Express (NYSE:AXP) shares? Last Friday, Warren Buffett was on CNBC for several hours in the morning answering questions on all sorts of topics with his usual reserved wisdom. If only I could get Warren to speak with me for three hours… <!-- e9 = new Object(); e9.noAd = 1; e9.popOnly = 1; //--> One of the big revelations was that Buffett has been adding to either Wells Fargo (WFC) or American Express (AXP) – both extremely large positions in the ...

Brite-Strike Technologies, Inc. is “One to Watch”

QualityStocks (June 13th, 2008) Writes:

Brite-Strike Technologies, Inc. was started by two police officers who believe the top manufactures of tactical lights do not meet the needs of police officers. The company is committed to using the very latest technology, while abiding to the highest design and manufacturing standards, so that policemen and consumers can rely on Brite-Strike products when they are needed.

The company’s Tactical Blue Dot series was specially designed for patrol officers. Features include a tri-sided barrel design for a more ergonomic grip, as well as front and rear tri-strike-crowns for maximum impact when using the device for pressure point and weapon retention techniques.

The Protector series allows citizens to also participate in non-lethal self defense. The tactical LED flashlights use the latest Luxeon® LED and EMP chip technology, which is unparalleled by older LED and incandescent lighting technology. Current retailers selling the product include JB’s, Sky Mall, FrontGate and Brookstone, with Walmart,

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