The Mexican government has finally announced the bidding rules to kick off the upcoming wireless spectrum (radio bandwidth) auction in the country. The Mexican telecom regulator Cofetel released details of radio-electric spectrum to be offered to the qualified bidders through two separate auctions. However, no specific date of the auction has been announced.  In the first auction, Cofetel will offer nine blocks of frequencies ranging from 1850 to 1990 megahertz (MHz) across eight of Mexico’s nine wireless operating regions including the capital Mexico City. The regulator will also offer seven blocks of spectrums between 1710 MHz and 2170 MHz band in the second auction which will cover all nine operating regions.  Technical specification of the two acutions will be released between Jan 6 and Jan 8, 2010. Interested bidders need to get approval from the Mexican antitrust watchdog Federal Competition Commission (CFC). Eventual winners at the second ...

Haemonetics Corporation (HAE) reported strong results for the second quarter of fiscal 2010. Earnings per share were 69 cents, beating the Zacks Consensus Estimate of 65 cents and the year-ago earnings of 58 cents. Sales Total revenues in the reported quarter were $157 million, increasing 8% year over year. Excluding a favorable foreign currency translation (FX), revenues increased 6% year over year. On a geographic basis, U.S. sales represented roughly 48% of total sales and increased 12.5% year over year. International sales increased 3.5% year over year. Plasma disposables revenues increased 19% year over year to $59 million. Growth can be attributed to higher global demand for plasma collections, higher pricing and implementation of several long-term contracts with customers in the reported quarter. Platelet disposables revenues increased 3% year over year to $37 million due to the company’s strong distribution network in different key markets....

Russia’s incumbent telecom carrier Mobile TeleSystems (MBT) released its 2009 outlook yesterday. The company has lifted its capital expenditure (CapEx) guidance to $1.8 billion from $1.5 billion as per the previous guidance.   This increase is primarily due to the expected growth in capital spending in Central Asian markets and appreciation of the ruble against the US dollar. While the revised CapEx for 2009 is lower than $2.2 billion spent in 2008, as a percentage of sales it still remains at 22%. In contrast, the company’s archrival VimpelCom (VIP) is expected to spend 12%-15% of sales in 2009.   Mobile TeleSystems plans to invest approximately $450 million in 2009 in 3G network infrastructure and expansion of its proprietary distribution network. Moreover, the company has earmarked $350 million for the maintenance of its existing network. To fund its investments in 3G network, the company has secured a loan ...

For the second quarter of fiscal 2010, Audiovox Corp. (VOXX) reported net income of $2.8 million or earnings per share of 12 cents, compared to a net loss of $2.3 million or a loss per share of 10 cents in the corresponding prior-year period. This exceeded the Zacks Consensus Estimate of 2 cents per share. Net sales for the quarter were $124.9 million, compared to net sales of $147.2 million in the prior-year period, a decrease of 15.2%. Accessories sales were $45.9 million, an increase of 29% compared to $35.5 million in the same quarter, a year ago. This increase is primarily due to the addition of new customers and higher sales of antennas as a result of the switch from analog to digital TV, remote controls and other accessory lines under Terk, Acoustic Research and RCA. Electronics sales, which include both mobile and consumer ...

For Immediate Release

Chicago, IL – October 8, 2009 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: Verizon (VZ), Google (GOOG), Apple Inc (AAPL), Deutsche Telecom (DT) and Sprint (S).

Get the most recent insight from Zacks Equity Research with the free Profit from the Pros newsletter: http://at.zacks.com/?id=5513

Here are highlights from Wednesday’s Analyst Blog:

VZ & Google Seal Android Pact

Verizon (VZ) reportedly partnered with search engine giant Google (GOOG) to develop and market mobile devices and applications based on the Android wireless software platform. Android-based mobile handsets developed through this collaboration will be available on Verizon’s high-speed wireless network. Financial terms

...

Verizon (VZ) reportedly partnered with search engine giant Google Inc. (GOOG) to develop and market mobile devices and applications based on the Android wireless software platform. Android-based mobile handsets developed through this collaboration will be available on Verizon’s high-speed wireless network. Financial terms of the agreement were not disclosed by the companies.   Verizon, the largest wireless carrier in the U.S. , is expected to launch two android smartphones in the coming weeks. Plans are also in place to roll out other Android devices including PDAs and netbooks in future.   Under the multi-year agreement, the companies will pool substaintial resources to jointly develop a family of Android devices that will incorporate innovative mobile applications and feature Google Voice (Internet voice service). The products and services will be marketed leveraging Verizon’s nationwide distribution network and will be available for sale in the carrier’s retail and on-line stores....

Guardian Technologies International, Inc. (OTCBB: GDTI) today announced that its Software Quality Assurance Team has completed all unit, component, integration, and systems tests of Signature Mapping TBDx? (TBDx?) in preparation for September clinical trials in South Africa. Under rigorous internal performance testing of 740 sputum slides, TBDx processed each slide in minutes while maintaining a consistently high bacilli detection level of over 90%, with false positives of less than 3%. In a global environment where sputum microscopy detection is only 20%-60% accurate and final results can take up to eight weeks, TBDx represents a diagnostic transformation towards automated detection of tuberculosis (TB). Further, the Signature Mapping platform can potentially be applied to all laboratory diagnostic procedures (i.e. malaria, leprosy, HIV, et

Nortel(1) (OTCBB:NRTLQ) Carrier VoIP and Application Solutions (CVAS) continues to receive recognition from leading analyst firms, Infonetics Research and Dell’Oro Group whose recently published reports rank Nortel as the global

...

PennyOmega.com Stock Report!

PennyOmega.com Hot Stock News & Alerts!

 

Wednesday August 26, 2009

PennyOmega.com Stock Report!

**************************************************************

GeckoSystems Intl. Corp. (PINKSHEETS: GCKO) announced today that they have had substantive and confidential discussions with Dell Inc. regarding usage and high volume purchase of their low cost, low power netbook computers for their “Mobile Robot Solutions for Safety, Security and Service(TM).”

NuMobile, Inc. (OTCBB: NUBL) today announced the Company expects to increase its revenue forecast at the end of the third quarter. The Company had previously announced a $1 million revenue goal for its first year of operations. Yesterday, the Company announced entering into a letter of intent to acquire Enhance Network Communication, Inc. Enhance is headquartered in Cupertino,

...

DrStockPick.com Stock Report!

Wednesday August 26, 2009

**************************************************************

GeckoSystems Intl. Corp. (PINKSHEETS: GCKO) announced today that they have had substantive and confidential discussions with Dell Inc. regarding usage and high volume purchase of their low cost, low power netbook computers for their “Mobile Robot Solutions for Safety, Security and Service(TM).”

NuMobile, Inc. (OTCBB: NUBL) today announced the Company expects to increase its revenue forecast at the end of the third quarter. The Company had previously announced a $1 million revenue goal for its first year of operations. Yesterday, the Company announced entering into a letter of intent to acquire Enhance Network Communication, Inc. Enhance is headquartered in Cupertino, California and

...

As expected, Nokia (NOK) finally confirmed its entry into the netbook segment. The netbook named “Nokia Booklet 3G" will have a 10 inch screen, WiFi, Bluetooth, GPS and 3G Wireless access. Most importantly the netbook will run on Microsoft (MSFT) windows and Intel’s (INTC) Atom processor.   This shows the company’s intention to increase its product portfolio and enter the computer segment. We believe this is a counter move by Nokia, a reply to computer manufacturers’ decision to enter the smart phone space. The netbook market is growing very fast and has number of players including Hewlett-Packard (HPQ), Lenovo, Acer and Asus. This could signal a battle between computer/laptop manufacturers and mobile phone manufacturers as each one is trying to venture into another’s business.   Netbooks are internet devices, which fall in between smart phones and laptops. So, a natural progression for the smart phone makers

...