Raven Industries, Inc. (RAVN) recently entered into an agreement to buy Ranchview, Inc., a privately-held Canadian corporation. The company did not disclose the terms of the deal but said that this acquisition will contribute to next years’ earnings.  Ranchview develops products that use cellular networks instead of the traditional radio systems that are typically used to deliver RTK (Real Time Kinematic) corrections to GPS enabled equipment. RTK corrections improve the accuracy of GPS equipment.  This acquisition is in-line with Raven’s plans of increasing its market share in precision agriculture. The company sees increased acceptance of precision agricultural equipment as an essential tool for maximizing yields. Agricultural market fundamentals remain strong and we believe the Applied Technology division will continue to be a primary growth driver for Raven in the long-term.  Raven is aggressively pursuing opportunities to expand its position in niche markets and take market ...

Newport Digital Technologies, Inc., a technology solutions driven company organized to focus on serving the fastest-emerging businesses in the technology space, announced today after the closing bell that it has implemented the licensing agreement with Microsoft Corp. to develop applications for its Windows Mobile platform. The Company has also progressed with their distribution agreement previously announced with Ingram Micro, Inc. (NYSE: IM), which will serve as its initial primary sales channel partner.

Newport Digital Technologies, Inc. (NPDT), in conjunction with leading Taiwan-based R&D technology incubators, the Institute for Information Industry (III) and the Industrial Technology Research Institute (ITRI), is commercializing a number of leading-edge Radio Frequency Identification (RFID) technologies. The first product is the N37B Ruggedized Handheld RFID reader and computing device that was unveiled this week at the Voluntary Interindustry Commerce Solutions Association (VICS) conference hosted by the University of Arkansas

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RadioShack Corp. (RSH) announced its third quarter results today. Net revenues came in at $990 million, down 3.1% year over year. However, this was better than the Zacks Consensus Estimate of $981 million. The year-over-year reduction in sales is primarily due to a 2.9% decline in comparable same-store sales for company-operated stores and kiosks in the reported quarter compared to the prior-year quarter.   Segment wise, revenues from company-operated store declined 3.5% year over year, Kiosks sales declined 17.8% year over year, whereas revenues from Other services increased 13.5% year over year. Acquisition of RadiosShack de Mexico in December 2008 has significantly contributed to the Other services segment. Product category wise, sales declines in digital-to-analog converter boxes, laptop computers, batteries, wireless accessories, and GPS products.  On the other hand, the company generated increased revenues from Sprint Nextel Corp. (S) postpaid wireless business, increased sales of prepaid wireless handsets ...

With headquarters in San Jose, California, Symmetricom, Inc. supplies timing and synchronization hardware, software, and services to industry, government, utilities, research centers, and aerospace markets worldwide. Trading on the NASDAQ Global Market, the Company operates in two divisions: Telecom Solutions and Timing, Test, and Measurement.

Symmetricom products provide the precise time, frequency, and synchronization signals required by a network of GPS satellites. Worldwide, the international timescale is set to sub atomic precision using Symmetricom frequency reference. The Company’s timing solutions are critical to radio navigation in coastal waters, deployment of missiles, and the seamless delivery of voice, data, and video across telecom and cable networks, and uninterrupted availability of power to millions.

Symmetricom designs, manufactures, and delivers atomic clocks, network synchronization, and timing solutions. These find use in wireline and wireless telecom networks, cable networks, space, defense and avionics systems, and enterprise IT networks. The Company’s customers include network and cable service

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UDR Inc. (UDR), a leading multifamily real estate investment trust (REIT), recently augmented its apartment search application for Apple Inc.’s (AAPL) iPhone and iPod users, enabling consumers who are more reliant on smartphones than landlines or personal computers to find apartments in a more convenient way.   The upgraded technology utilizes smartphone’s built-in spatial awareness components such as GPS, accelerometer, and compass to create digitally enhanced pictures of apartments. Furthermore, the new application software enables users to point their smartphones in any direction to locate and view available apartments under the search parameters within a radius of 10 mile, by utilizing Layar – an augmented reality browser.   The demographic and technographic data for the mobile market strategically fits into UDR’s up-market customer segmentation. Users can search apartments on all possible parameters such as location, price, and number of bedrooms and bathrooms, which are updated daily. To ...

Nokia Corp. (NOK) yesterday announced its sales and distribution plan for its first netbook called “Booklet 3G". The U.S. retailer Best Buy Co. Inc. (BBY) will sell this netbook (mini laptop) for $299.99 together with AT&T’s (T) 3G data plan of $60 per month for a two-year contract. Also, a carrier-free unsubsidized option will be available for a price of $599. Booklet 3G will be available from mid-November. The pros and cons of Nokia’s new venture are as under:   Pros   (1)   Diversification outside the mobile phone market becomes essential for Nokia. In recent times, the company has lost some ground due to fierce competition. According to Gartner Inc, Nokia’s share has fallen to 45% in the second quarter from 47.5% in the year-ago quarter. Meanwhile, market share of Research In Motion (RIMM) increased to 18.7% from 17.3% in the year-ago quarter and that ...

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Friday October 2, 2009

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IMCI, GRMN, AQNM, CVS, CSRH, LVLT, CVAT, LMT

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IMCI, Infinite Group Inc., IMCI.OB

IMCI is a world-class IT services and solutions provider serving a range of government and commercial organizations. Headquartered in Pittsford, New York, with offices in the Washington, D.C., metropolitan area and Colorado Springs, Colorado, IMCI is focused on the following, interconnected practice areas: IT Infrastructure Services, Virtualization and Consolidation, Cloud Computing, Project and Program Management, and Business and Technology Integration. IMCI is dedicated to the alignment of business and technology initiatives, and the delivery of superior results.

Donald W. Upson has joined the

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AT&T (T) announced the launch date of Garmin Ltd.'s (GRMN) long-awaited GPS smartphone yesterday.

The second-largest US carrier will be the exclusive distributor of the device (called “nuvifone G60") in the US starting Oct 4, 2009. This will end a more than year-and-a-half delay in the device's US market launch, and also marks Garmin's first foray into the US smartphone market.

The touch-screen based nuvifone G60 will be sold at AT&T's stores and online for $299, after a $100 rebate and with a two-year service contract. While access to GPS service will be free, customers can enjoy premium value-added services, including real-time traffic updates, weather, movies and local events for a monthly payment of $5.99.

The nuvifone G60, which is positioned as a high-end phone, is distinct from other competing smartphones with GPS technology as it is equipped with full capabilities of a satellite navigator. In addition to its extended local

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Gap Inc. (GPS) reported comparable store sales slipping by 3% year-over-year. While sales were slightly lower, which is not unique amid the current economic environment, GPS shares continued climbing and are trading close to a 52-high. The company also recently released sad news, announcing that Donald G. Fisher, co-founder of Gap, died after a long and heroic battle with cancer.

Company Description

Gap Inc. is a global specialty retailer that sells clothing, accessories and personal care products for men, women, children and babies under the Gap, Old Navy, Banana Republic, Piperlime and Athleta brands. The company operates stores in the United States, Canada, the United Kingdom, France, Ireland and Japan.

Gap also has franchise agreements with unaffiliated franchisees to operate Gap and Banana Republic stores in many other countries around the world. Under these agreements, third parties operate or will operate stores that sell apparel, purchased from Gap, under Gap's brand

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According to media reports, Apple (AAPL) has been approved by the telecommunications regulator in South Korea to sell its iPhone in the country. Apple did not make any comment on the same. We are pleased with the South Korean Communications Commission approval of the iPhone’s sale in the South Korean domestic market, which comes against the backdrop of the technical issues that required the iPhones to use South Korean technology for location-based services such as GPS.  As a result, the Commission had previously blocked the sale of iPhone in South Korea because of its built-in mapping capabilities that violate a South Korean rule. The Commision’s spokesperson said that the approval to sell the iPhone device has been given by five commissioners during a meeting after amending a technical rule due to high consumer demand for iPhones.  It is speculated that the iPhone will be sold in ...