Cogo Group Inc. (COGO) reported third quarter 2009 earnings per share of 12 cents, matching the Zacks Consensus Estimate. The company posted quarterly revenue of $82.0 million, a year-over-year increase of 9.7%.  Industrial applications business generated revenues of $11.1 million, or 13.5% of total revenue, representing a 259.6% year-over-year increase, from industrial solutions targeted at the electrical grid and other sectors. Digital media revenue was $49.4 million, or 60.2% of total revenue for end-markets. Telecommunications equipment revenue was $20.3 million, or 24.7% of total revenue, representing a 9.4% decrease year-over-year. The company’s service business contributed $1.3 million in net revenues for the quarter and accounted for approximately 1.6% of total net revenue.  Gross margin for the quarter increased to 14.4%, compared to 13.8% reported during the third quarter of 2008. The increase in gross profit margin was due to increased revenue in industrial business end-market, which ...

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Monday September 28, 2009

DrStockPick.com Stock Report!

XRX, PWRM, ABT, CSRH, CMCSA, CVAT, FMCN

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XRX, Xerox Corp.

XRX engages in the development, manufacture, marketing, servicing, and financing of document equipment, software, solutions, and services worldwide.

XRX said Monday it will buy Affiliated Computer Services Inc. for $6.4 billion in cash and stock to create a $22 billion business that combines XRX’s copiers, printers and document management services with the “business process outsourcing” of Dallas-based ACS., joining the expensive race among technology companies to broaden their offerings.

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PWRM, Power 3 Medical Products Inc, PWRM.OB

Power3 Medical Products, Inc. is a leading bio-medical company engaged in

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Cogo Group, Inc. (COGO) announced a series of module design wins within multiple Smartphone and Smartbook products on both Windows Mobile and Android platforms.

The company's initial wins include blue chip Chinese handset vendors such as Huawei and ZTE, and it expects to secure contracts with other domestic China handset vendors as well. Cogo expects to begin recording small amounts of revenue from these contracts in the third quarter of 2009, with sales ramping up through the end of 2009 and into 2010.

As with the mainstream market, Cogo's current Smartphone designs are mainly based on the Windows Mobile platform. The company expects to unveil an Android product in the fourth quarter of 2009. Since Windows Mobile and Android are broadly-accepted platforms in the global market, it will help Cogo's customers expand their export business.

The company continues to experience growth in its combined digital media and handset business and has

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Thursday September 24, 2009

DrStockPick.com Stock Report!

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For the second consecutive year, Praxair, Inc. (NYSE: PX) has been included in the global Carbon Disclosure Project (CDP) Carbon Disclosure Leadership Index. Praxair is the only industrial gases company to be selected for the global Leadership Index. This index, comprised of only 50 companies among 500 of the world’s largest corporations, recognizes leaders in climate change disclosure practices, based on their responses to an annual questionnaire. High scores indicate good internal data management and understanding of climate-change issues

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DrStockPick.com Stock Report!

Thursday September 10, 2009

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Concurrent (Nasdaq: CCUR), a worldwide leader in video and media data and advertising solutions, is announcing the international extension of its three-screen strategy to bring open, commercial and intelligent video solutions to television, personal computers and mobile devices. First announced in the U.S. in March 2009, Concurrent’s strategy now leverages the company’s technological expertise to enable its customers to deliver, monetize and drive the future of video around the globe.

Diguang International Development Co., Ltd. (OTC Bulletin Board: DGNG) today announced that Shenzhen Diguang Electronics Co., Ltd. (”Diguang”) was selected as a member of the Standard

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DrStockPick.com Stock Report!

Friday August 28, 2009

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Monroe Bancorp (Nasdaq:MROE) announced that its Board of Directors recently declared a quarterly dividend of $0.01 per share on the Company’s Common Stock. The dividend is payable on Wednesday, September 30, 2009 to shareholders of record as of Wednesday, September 16, 2009. This dividend is unchanged from the $0.01 per share paid in the second quarter of 2009.

comScore, Inc. (Nasdaq: SCOR), a leader in measuring the digital world, today announced the appointment of Anne Hunter as vice president of advertising effectiveness products and Daryl McNutt as vice president of comScore Marketing Solutions, Media. The two industry veterans together bring more than two

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Gen2Media Corp., a full-service digital media, technology and marketing company, today gave an update on the impressive growth and demographic of its online audience. The company announced that its video network has topped more than 5 million Internet visitors, up 920 percent from 500,000 in January of 2009.

Gen2Media launched its video publishing solution in 2008, and has attracted a growing portfolio of major U.S. media and enterprise companies seeking ways to provide additional depth and quality to their online audiences. The integration of Gen2Media’s patent pending publishing platform also offers its clients leveraged advertising and enhanced online viewing.

“We are very pleased to have reached and exceeded the 5 million viewer milestone so early in our company’s progression. Moreover, we believe we are ideally positioned to significantly accelerate our network growth as we succeed in expanding what is already widely viewed as a much coveted, blue chip customer base,”

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PennyOmega.com Stock Report!

PennyOmega.com Hot Stock News & Alerts!

 

Monday August 24, 2009

PennyOmega.com Stock Report!

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Gen2Media Corporation (OTCBB:GTWO), a fully integrated digital media, technology, production and marketing company, today announced that the Gen2 digital video network now reaches a collective online viewing audience of approximately 5.1 million unique Internet visitors, up 920% over 500,000 in January 2009.

Prepaid Card Holdings, Inc. (Pink Sheets: PPDC) announced today that it purchased 6,000,000 shares of its common stock for $60,000 or .01 per share as part of a legal settlement between Prepaid Card Holdings, Inc. and the former CEO of its predecessor company National Health Care Alliance, Inc.

Viper Networks, Inc. (Pink Sheets:VPER) and Cirilium India Pvt.

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DIVX, DivX Inc.

ASFX, American Scientific Resources Inc, ASFX.PK

DrStockPick Watch List!

 

DrStockPick Watch List! for Thursday August 20, 2009

 

My Picks for Thursday August 20, 2009 are:

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DIVX, DivX Inc.

DIVX, a digital media company, engages in the creation, distribution, and licensing of digital video technologies to enhance consumers media experience.

DIVX primarily offers a video compression-decompression software library (codec), as well as consumer software, including the DivX Player application.

**Today DIVX has settled a lawsuit over a license and distribution deal with Yahoo, and raised its financial outlook for the third quarter. DIVX expects third-quarter earnings of 10 cents to 12 cents a

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Players Network is a digital media company that focuses on the Las Vegas and gaming lifestyles. The company has a 12-year history of producing and distributing original gaming and Las Vegas lifestyle content. The company’s content is seen in over 22 million homes in the US through Comcast, DirecTV, etc. and in over 120 million homes worldwide through TV syndication.

Players Network has announced a co-branding and revenue sharing agreement with Horse Racing Simulation LLC, a leader in the development and licensing of interactive technology for the horse racing industry. Players Network will market Horse Racing Simulation’s SIM2WIN handicapping software and Horse Racing Fantasy’s www.horserace.com racing products. Both products are already affiliated with major horse racing brands.

Mark Bradley, CEO of Players Network, commented on the agreement, “This agreement is part of our strategic plan to build programming within the multi-billion dollar horse racing industry, with integrated revenue streams, leveraging Players Network’s

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