Chile-based LAN Airlines S.A. (LFL) yesterday reported discouraging results for the third quarter 2009. Net income of US$52.1 million was 37.3% lower than  net income of US$83.0 million in the third quarter of 2008. Excluding non-operating extraordinary items recognized in the third quarter 2008, net income decreased 58.3%. Consolidated revenues declined 19.1%, driven mainly by lower yields in both the cargo and passenger businesses. This was partially offset by a 14.3% decline in operating expenses, driven mainly by lower fuel costs. Operating income reached US$92.4 million a 46.1% decrease compared to US$171.3 million in the same quarter of previous year. Operating margin reached 10.1%, compared to 15.1% in the same period of 2008. Third quarter 2009 results continued to be impacted by fuel hedging losses, although to a much lesser extent than in previous quarters. The fuel hedging loss during the quarter amounted to US$14.4 million ...

Earlier today, cigarette manufacturer and marketer Philip Morris International Inc. (PM) reported better-than-expected third-quarter results, benefiting from price increases in some markets. Earnings per share came in at 93 cents, 3 cents above the Zacks Consensus Estimate. On a year-over-year basis, Philip Morris’ earnings per share was flat (excluding a tax benefit of 8 cents in 2008), while net revenues declined 4.6% to $16.6 billion, attributable to unfavorable currency translations and weak results in the European Union (EU), Eastern Europe and Middle East & Africa (EEMA) markets. Revenue, Volumes & Margins On an organic basis (excluding currency and acquisitions), revenues increased 4.1% driven by favorable pricing. Cigarette volume was down almost 3% year-over-year to 219.3 billion units, mainly because of declines in EU, EEMA and Asia. The first two regions were adversely affected by the economic crisis (especially in Spain and Ukraine) and unfavorable comparisons ...

Mexican airport operator Grupo Aeroportuario del Sureste, S.A.B. de C.V., aka ASUR (ASR) announced the total passenger traffic for the month of August 2009. During the month, total passenger traffic decreased 12.8% year over year. Total passenger traffic fell to 1.3 million from 1.5 million in August 2008. Domestic passenger traffic was down 5.6% from August 2008. It fell from 694,360 passengers in August 2008 to 655,242 passengers in August 2009. International passengers reached 664,445 from 818,491 in August 2008. The decline in international passenger traffic resulted mainly from a decline of 20.2% in international traffic at the Cancun airport, a main tourist attraction. ASR’s business is highly dependent on international tourists; the Cancun airport generates 70% of the company’s revenues. Thus, we believe that the company’s principal competition comes from the other tourist destinations of Acapulco, Puerto Vallarta and Los Cabos in Mexico, and ...

DrStockPick.com Stock Report!

Tuesday August 18, 2009

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Desert Equity LP, a Delaware limited partnership, today announced that it has commenced its previously announced cash tender offer for up to a total of 3,740,000 shares of common stock, or approximately 16.3% of the shares outstanding, of White Electronic Designs Corporation (Nasdaq: WEDC), at a price of $4.25 net per share in cash (subject to applicable withholding of U.S. federal, state and local taxes).

Novavax, Inc. (Nasdaq: NVAX) announced positive preclinical results with Novavax’s 2009 novel H1N1 influenza virus-like particle (VLP) vaccine. The study, conducted by scientists from Novavax and the Centers for Disease Control and Prevention (CDC) based in Atlanta, GA, under

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PennyOmega.com Stock Report!

PennyOmega.com Hot Stock News & Alerts!

 

Monday August 10, 2009

PennyOmega.com Stock Report!

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Amigos de las Americas and Continental Airlines (NYSE: CAL) are proud to announce the Grand Prize Winner of the 2009 Continental Latin America Photo Contest. Darien Clary of Austin, Texas, took the winning photo titled “Blue Crabs for Dinner” in the Dominican Republic where she is currently spending her summer doing fieldwork in public health.

Fairchild Semiconductor (NYSE: FCS), a leading global supplier of high performance products to drive energy-efficiency, has received the Strategic Supplier Award, 2009 from Hisense.

Pinnacle Entertainment, Inc. (NYSE: PNK) announced today that it has closed the previously announced private offering of $450 million aggregate

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DrStockPick.com

Dr Stock pick Hot Stock NEWS & Alert!

EXOU, HRAL, CSRH, STDF, CVAT, CRWE, AQNM

 

Today’s Stocks of Interest Are :

EXOU Exousia Advanced Materials, Inc (OTC BB: EXOU.OB) Exousia to be Cash Flow Positive in China in July HRAL, HearAtLast Holdings, Inc. in North America’s Billion Dollar Hearing ...

Dr Stock pick Hot Stock NEWS & Alert!

EXOU, HRAL, CSRH, STDF, CVAT, CRWE, AQNM

 

Today’s Stocks of Interest Are :

EXOU Exousia Advanced Materials, Inc (OTC BB: EXOU.OB) Exousia to be Cash Flow Positive in China in July HRAL, HearAtLast Holdings, Inc. in North America’s Billion Dollar Hearing ...

STDF, Steadfast Holdings Group Inc, STDF.PK

DrStockPick Stock Report!

DrStockPick News Report!

STDF, Steadfast Holdings Group Inc, STDF.PK

“Steadfast Holdings Group Subsidiary Banx and Green Group

to Create Green Show“

 

DrStockPick Stock Report! Friday July 24, 2009

Steadfast Holdings Group Subsidiary Banx and Green Group to Create Green Show

EAST HAVEN, CT–(CRWENewswire - July 23, 2009) - Steadfast Holdings Group, Inc. (Pinksheets:STDF), through its Banx and Green Group, Inc. subsidiary, will create an Internet Green Show to be featured on “Totally Green TV” on www.totallygreennetwork.com.

The show will feature the Green Building industry, updates on current company projects and different Green partner companies in a “Spotlight Feature.”

Newly hired Marketing Director Ryan Bowen will oversee the

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STDF, Steadfast Holdings Group Inc, STDF.PK

DrStockPick Stock Report!

DrStockPick News Report!

STDF, Steadfast Holdings Group Inc, STDF.PK

“Steadfast Holdings Group, Inc. Subsidiary Hires

Ryan Bowen as Director of Marketing“

 

DrStockPick Stock Report! Wednesday July 22, 2009

Steadfast Holdings Group, Inc. Subsidiary Hires Ryan Bowen as Director of Marketing

East Haven, CT - (WORLD STOCK WIRE) - July 21, 2009 — Steadfast Holdings Group, Inc. (OTC Pink Sheets: STDF) through its Banx and Green Group, Inc. subsidiary has hired Ryan Bowen to head its Marketing Department and represent the Company for all press events and assist in the growth of all markets for the parent company and all of its subsidiaries. Mr. Bowen

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Gold started the summer doldrums looking strong and has retreated since, but what are its prospects for the rest of the year and beyond? That will largely be determined by the interplay between supply and demand; let’s take a look at the supply side.

Reports of dwindling supply are accurate in some areas; however, the story is not that simple. Unlike most metals that are consumed in industrial use, most of the gold ever mined is still around. Gold is forever. Thus newly mined, refined, and fabricated gold is not all that’s entering the marketplace; there are multiple ways of meeting demand. Here’s a look at each.

Breaking Rocks

Imagine that you could turn back the calendar to late 1848, as word was beginning to spread about the gold discovery at John Sutter’s sawmill on the South Fork of the American River in Coloma, California. Would you have loved gold enough to be

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