Artfest International Inc., the Dallas based art community marketing and services company, today announced financial results for the third quarter ending 9/30/09, including a huge jump in operating revenue. The company generated $896,404 in operating revenue for the quarter, as compared to $4,000 for the same quarter in 2008, representing an increase of 22,310%.

The company also reported an important move into positive territory for net income, declaring a net income of $7,397 for the quarter, as compared to a net loss of $29,862 for the same quarter 2008.

In addition, Artfest International experienced a jump in total assets. The company reported total assets of $3,421,019 for the quarter, as compared to $537,445 for the same quarter 2008, an increase of 536%.

Operating revenue increase was credited to the upswing in sales of art and sports memorabilia through the company’s wholly owned subsidiary, Charity Sports Distributor (CSD), as well as from events

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Maxim Integrated Products Inc.’s (MXIM) first quarter earnings beat consensus estimates by a penny. Revenue was over the high-end of management’s guidance range of $415-445 million, or a sequential increase of 5-13%. Revenue Revenue of $449.2 million was up 13.9% sequentially and down 10.4% year over year. The sequential strength in demand was reflective of the rebound in the semiconductor sector and follows stronger results reported by other chip companies, such as Linear Technology (LLTC), Intel Corp. (INTC), Advanced Micro Devices (AMD) and Texas Instruments (TXN). Revenue by End Market The computing market generated 25% of revenue, up 13.9% sequentially and down 20% year over year. Revenue benefited from sequential strength in the server, financial terminals and notebook segments. The consumer market generated 33% of revenue, up 17.4% sequentially and 5.6% year over year. ...

How To Play the Oil Conspiracy Theories

Tony Daltorio, Investment U Research

Despite the world’s economic growth woes this year and consequent decreased energy demand in the U.S., the price of oil has held up pretty well this year ($77 as of November 3) when you’d actually think that it would be lower.

What gives?

Fundamentalists will point to two factors…

Continued strong demand for oil from emerging markets. Decreasing oil output from non-OPEC producing nations such as Russia and Mexico.

Conspiracy theorists on the other hand, scoff at that notion. They blame it on the huge quantities that greedy oil companies hold offshore for no better reason than to increase their profits.

While I largely consider myself a fundamentalist, I decided to check it out, just in case there were any facts to support the complaints. And it first means asking a simple question…

Why would anyone

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Belo Corp announced an offering of between $250-275 million of senior notes due in 2016. The notes were issued under a shelf registration filed with the Securities and Exchange Commission (SEC) in September 2009, authorizing up to $600 million in debt.

Belo Corp said that prior to the deal closing, which is expected at the end of November 2009, the company must obtain a waiver from its lenders on its leverage and interest coverage covenants. The company had total debt of $1.042 billion, as of September 30, 2009. Belo Corp plans to use the funds to reduce the amount outstanding on its credit facility.

Belo Corp reported a net loss per share in the third quarter of 2009 of $150 million, due mostly to a non-cash impairment charge. The charge was due to a reduction in the fair value of Belo Corp’s FCC licenses.

Belo Corp (BLC) owns 20 television

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Monday November 2, 2009

DrStockPick.com Stock Report!

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Consorteum Holdings Inc. (OTCBB: CSRH) announced that it has proceeded to launch its consumer stored value rebate card. The consumer rebate card program will offer manufacturers and retailers a new way to process mail-in rebates that ensures increased customer loyalty and decreased overhead costs. Consorteum will work directly with manufactures and retailers to reduce the administration costs associated with mail-in rebate programs while providing a new way to increase consumer awareness. Additional revenue and cost-saving opportunities will be

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Claimsnet.com reported revenues of $565,000 in its third quarter, up 7% on a year over year basis. The company’s net loss for the quarter was $69,000, or $0.00 per share. During the same quarter in 2008, the company lost $161,000 or $0.01 per share.

Claimsnet.com cut its selling, general and administrative expenses by $45,000 from the third quarter of 2008, and boosted its gross profit by $20,000.

Don Crosbie, the CEO of Claimsnet.com, said “these third quarter results were achieved in a relatively challenging economic environment where many companies are still delaying decisions or putting new contracts on hold.” Crosbie was optimistic about the last quarter of 2009 and 2010, citing the company’s pipeline and said “we do see the beginning of a positive change in the environment.”

Claimsnet.com provides services and software to the healthcare industry that allows the submission and processing of healthcare claims and other data over the Internet. Its

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Wednesday October 28, 2009

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ARTS, Artfest International Inc., ARTS.OB

ARTS brings together artists, investors, decorators, designers, private collectors and art galleries.

ARTS has completed the acquisition of 100% of the assets of Luxor International, Inc. of Frisco, Texas, a privately held company, for $5,000,000.

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LFBG, Left Behind Games Inc., LFBG.OB

LFBG has become one of the world’s leading independent developers and publishers of quality interactive entertainment products that perpetuate positive values and appeal to mainstream

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People have been scratching their heads wondering why the price of oil has held up relatively well this year in the face of a global slowdown and decreased energy demand in the United States.

Fundamentalists will point to continued strong demand for oil from emerging markets like China and decreasing oil output from non-OPEC producing nations such as Russia and Mexico. But then we have the conspiracy theorists who say the only reason that oil prices are so high is due solely to huge quantities of oil being held offshore in tankers by those greedy oil companies in order to boost their profits.

First of all, why would anyone want to store oil in tankers and not sell it? After all, it costs money to charter those oil supertankers. Storing oil in tankers does make sense if the price difference between crude oil sold for immediate delivery and the price on oil

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Helped by the "first-time home buyer" tax credit and other forms of government assistance, home prices -- as measured by the Case Schiller Composite 20 index -- rose for the third straight month, up 0.97%, but still down 11.36% on a year-over-year basis, and off 29.89% from its May 2006 peak (note below when I reference peak levels they are from May 2006, not from the individual city peaks, which might have been a few months before or after the national peak). Since home prices do exhibit a fair amount of seasonality, I am working with the seasonally adjusted numbers. Most of the press has a habit of tracking the unadjusted numbers, which I feel is a mistake. So realize that the numbers presented here might be different from what you read in the newspaper tomorrow. A total of 16 of the 20 cities registered price increases, ...

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Saturday October 24, 2009

DrStockPick.com Stock Report!

PSFT, PWRM, CSRH, CVAT, AQNM

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PSFT, Powersafe Technology Corp., PSFT.PK

- Powersafe Technology Corp. A breakthrough in the design of photon detectors

Powersafe Technology Corp.’s (Other OTC: PSFT.PK) Subsidiary Amplification Technologies has just patented a revolutionary solution for low-level signal detection: multichannel Discrete Amplification (DA).

DA photodetectors could function in both analog and photon counting modes. The DA photodetectors provide:

* Photon-counting level sensitivity * Wide spectral range * Relatively flat spectral sensitivity curve * High photon detection efficiency * Wide dynamic range * Fast response * High voltage stability * High thermal stability

Photon detectors are sensors that

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