Enter your Email Address


Useful Links

Know What The Insiders Are Doing!
Stock Trading Software

More Links




[Most Recent Quotes from www.kitco.com]

[Most Recent Quotes from www.kitco.com]




International Development Co., Ltd.’s (DGNG.OB) Innovative LED Technology Showcased at China Hi-Tech Fair 2009

QualityStocks (November 13th, 2009) Writes:

Diguang International Development Co., Ltd. disclosed today that it plans to participate in the China Hi-Tech Fair (CHTF). The CHTF will run from Nov. 16-21, taking place at the Shenzhen Convention & Exhibition Center. DGNG will hold a press conference the day the fair opens (at 14:00 pm China time) regarding emerging LED TV technology, and how the Company will grow the LED market to $100 billion.

DGNG has a well-developed relationship with its family of subsidiaries, whereby it develops and manufactures cold cathode fluorescent lamps (CCFL’s), and light emitting diodes (LED’s) as backlighting elements for thin film transistor (TFT) and LED products. Such backlighting is a light source for liquid crystal displays (LCD’S), but the technology has applications throughout many different kinds of technology products, from digital cameras to home appliances. DGNG also has a small but lucrative foothold in energy-saving technologies for products associated with its general field of

...

ZAGG Inc. (ZAGG.OB) Announces Upcoming Advancement to The Nasdaq Global Market

QualityStocks (November 5th, 2009) Writes:

ZAGG Inc. designs, manufactures and distributes electronics accessories, such as protective clear coverings, targeting the mobile market. The company today announced it has received approval to begin trading on The Nasdaq Global Market November 10, 2009, under its current ticker, ZAGG.

“We are very excited to be approved for the Nasdaq Global Market, and see it as an exceptional milestone in ZAGG’s short history,” Robert G. Pedersen II, president and CEO of ZAGG stated in the press release. “Moving to the top level market on Nasdaq will add a great deal of value for our shareholders and introduce ZAGG to new investors and new opportunities.”

Not only will the advancement to Nasdaq generate shareholder benefit, it will also increase awareness of the company’s products to the marketplace. The company’s high-tech thin film coverings are applicable for iPods, laptops, cell phones, digital cameras, watches, PDAs and other various electronic devices.

...

Panasonic Starts Tender for Sanyo – Analyst Blog

Zacks Market Commentaries (November 5th, 2009) Writes:
Panasonic Corp. (PC) provided another update on the acquisition of SANYO Electric Co Ltd. (SANYY) at its Board Meeting held on Nov 4, 2009. The company announced the start of its tender offer to acquire 3.1 billion shares of SANYO (or more than 50% of the company’s total shares) for approximately $4.4 billion (403 billion yen).  Earlier, Panasonic had planned to take over all of Sanyo's shares. Panasonic had entered into a capital and business alliance agreement with SANYO in Dec 2008. The latter is a leading company in the rechargeable battery business focused on lithium-ion rechargeable batteries. Panasonic is one of the leading manufacturers of electronic and electrical products, systems and components.  The tender offer is planned for Nov 5 through Dec 7 at a price of $1.4 or 131 yen per share. Goldman Sachs, Daiwa Securities SMBC and Sumitomo Mitsui Banking Corp. (Sanyo's ...

Siliconware Precision Beats – Analyst Blog

Zacks Market Commentaries (November 4th, 2009) Writes:
Siliconware Precision Industries Co., Ltd. (SPIL) earned a net income of NT$* 2,561 million (*32.77 NT$= 1$) for the third quarter of 2009 or diluted earnings per ordinary share of NT$ 0.82 for the quarter, and diluted earnings per ADS of 13 cents. This was higher than the Zacks Consensus Estimate of 11 cents per share. For the third quarter of 2009, net revenues from IC packaging were NT$ 15,322 million and represented 91% of total net revenues. Net revenues from testing operations were NT$ 1,411 million and represented 9% of total net revenues. Net revenues from IC packaging operations were NT$ 15,322 million for the third quarter of 2009, which represented an increase of NT$ 2,320 million or 17.8% compared to the second quarter of 2009.Substrate-based packaging, lead-frame-based packaging and wafer bumping & FCBGA accounted for 44%, 29% and 16%, respectively ...

Kodak Reports a Big Decline – Analyst Blog

Zacks Market Commentaries (October 29th, 2009) Writes:
Before the opening bell today, Eastman Kodak Co. (EK) posted struggling results for the third quarter in comparison to the year-ago quarter. The company reported a third-quarter loss from continuing operations of $111 million, or 41 cents per share, compared with earnings on the same basis of $101 million, or 35 cents per share in the year-ago period.   The company’s third quarter results demonstrate the success of continued focused investments that Kodak is making in new products and core growth businesses, especially consumer and commercial inkjet. Cost containment and more tightly focused spending on research and development also positively contributed to the company’s third quarter results.   Sales worldwide totaled $1.8 billion, a decrease of 26% from $2.4 billion in the prior-year period, including 2% of unfavorable foreign exchange impact. Revenues from digital businesses totaled $1.2 billion, a 26% decline from $1.6 billion in the prior-year quarter, ...

e.Digital Corp. (EDIG.OB) Signs Cross Licensing Agreement with Samsung Electronics

QualityStocks (October 22nd, 2009) Writes:

Today, leading entertainment technology developer e.Digital Corporation announced that it has entered a cross licensing and settlement agreement with Samsung Electronics Co, Ltd. Under the terms of the agreement, Samsung obtained a license and release on e.Digital’s foreign and domestic patent rights, including the company’s Flash-R™ patent portfolio. e.Digital, meanwhile, obtained a license and release on certain Samsung patents; the company also received a one-time licensing fee.

e.Digital’s Flash-R patent portfolio incorporates flash memory in the large, growing portable electronic products market. In 1993, the company introduced the first portable recorder with removable flash memory. Today, many consumer electronics products use flash memory including cell phones, digital cameras, camcorders, PDAs and other popular devices, a testament to e.Digital’s innovative success.

Fred Falk, president and CEO of e.Digial, stated, “We are pleased to have successfully concluded the first round of our intellectual property (IP) licensing strategy by licensing and settling all seven

...

OLED: The Next High-Tech Profit Opportunity

Contrarian Profits (October 1st, 2009) Writes:

The first chapter of a colossal technological shift in the electronics industry is beginning. Displays on small televisions, iPods and smart phones are getting smaller, clearer and brighter at a rapid pace — and it will forever change the way you work and play. Simply put, it’s difficult to overstate the potential of this future multibillion-dollar market…

I’m talking about organic light-emitting diodes, or OLEDs. OLED displays are taking off in a big way. These next-generation displays are perfect for the mobile phone and personal media device markets because they are thinner than traditional displays and produce sharper images.

OLED — and active-matrix OLED — technology has now reached its tipping point. Very soon, we will begin to see OLEDs used in a vast array of electronics, including small televisions, digital cameras, netbooks, phones — the list goes on and on.

The rise of the OLED display is similar to that of the

...

Kodak Closes Private Placement – Analyst Blog

Zacks Market Commentaries (September 25th, 2009) Writes:
Yesterday, Eastman Kodak Company (EK) closed its private placement of $400 million aggregate principal amount of convertible senior notes due in 2017 to qualified institutional buyers pursuant to Rule 144A under the Securities Act, as amended. The notes are unsecured obligations of Kodak and bear interest of 7.00% per year.

Upon conversion, Kodak will deliver, at its option, common stock or cash. The initial conversion rate is 134.95 shares of common stock per $1,000 principal amount of notes, which is equivalent to an initial conversion price of approximately $7.41 per share.

Kodak has the right to redeem the notes in whole or in part at a specified redemption price at any time on or after Oct 1, 2014 and before Oct 1, 2016 if certain conditions are met, and on and after Oct 1, 2016 regardless of such conditions.

As disclosed recently, this offering is a part of an overall $700

...

Best Buy Misses Zacks Estimate – Analyst Blog

Zacks Market Commentaries (September 15th, 2009) Writes:
Best Buy Company Inc. (BBY) recently reported second quarter 2010 results, which included double-digit growth in the top-line, but a surprise double-digit drop in the bottom-line.

Best Buy's quarterly earnings of 37 cents per share missed the Zacks Consensus Estimate of 42 cents, and dropped 22.9% year-over-year from 48 cents.

Net earnings fell 21.8% to $158 million, due to the rise in cost of goods sold (up 12.4%), SG&A expenses (up 17.7%), higher effective tax rate (42.8% versus 37.3% in the year-ago quarter), and the strong dollar.

Best Buy has gradually gained market share after its main rival Circuit City went out of business. BBY's domestic market share rose 2.7% in the quarter.

Notebook computers, phones and flat-panel TVs were the strongest categories, but were offset by softness in gaming, digital cameras, music and movies.

Total revenue climbed 12.5% to $11,022 million, driven by the inclusion of Best Buy Europe's sales and the

...

Toshiba to Outsource Chip Making – Analyst Blog

Zacks Market Commentaries (September 8th, 2009) Writes:
The technology leader in high definition products and the world's no. 2 manufacturer of NAND flash memory chips, Toshiba Corp., plans to outsource a part of the production of its next-generation 28-nanometer (nm) system chips.

According to industry sources, the chips will be used in a wide range of electronics such as game consoles, digital cameras, flat panel TVs and other electronic gadgets starting in April 2010. To meet demand by that period, Toshiba will have to ramp up production. Its customers include IT giants like Apple (AAPL), which has already purchased $500 million worth flash memory chips from Toshiba.

Toshiba currently manufactures chips at its plant in Oita, southern Japan and plans to outsource to expand its production if capacity is insufficient.

According to sources, Toshiba is holding discussion with Singapore’s Chartered Semiconductor Manufacturing Ltd. (CHRT) and Advanced Micro Devices (AMD) to spin off Globalfoundries

...

Newsletter

No recommendations, either expressed or implied, are being made to buy, sell, hold or short any of the mentioned stocks. No legal, tax or accounting advice is expressed or implied. Always contact your attorney, CPA, or tax advisor before acting on any legal or tax issues. StraightStocks.com is not responsible for the content, products, or services of any of the advertisers on this site. StraightStocks.com receives compensation from advertisers on this blog. Services and products referred to herein are trademarks, registered trademarks, servicemarks, and/or registered servicemarks of their respective trademark or servicemark owners.