The Gymboree Corp. (GYMB) reported its fiscal third quarter results after the closing bell on Wednesday. The company posted earnings of $34.8 million, a growth of 12.6% from $30.9 million recorded in the year-ago period. Earnings per share came in at $1.15, which topped the Zacks Consensus Estimate of $1.13.   Gymboree is a specialty retailer offering apparel and accessories for children under the Gymboree, Gymboree Outlet, Janie and Jack and Crazy 8 Brands, as well as play programs under the Gymboree Play & Music brand. At the end of October 2009, the company operated a total of 951 stores across the U.S., Canada and in Puerto Rico.   The company reported a nearly 2% increase in total sales to $269.1 million during the quarter, compared to $264.1 million in the year-ago quarter. The expansion was primarily driven by the addition of 78 new stores in the last ...

Conversion Services International Inc. provides consulting, data warehousing, business intelligence and information technology services to Global 2000 organizations and other businesses. The company today announced its financial results for the third quarter ended September 30, 2009.

Conversion Services posted net income at $1.3 million, $1.2 million of which is attributable to common shareholders. This is compared to a net loss of $4.2 million and a loss of $4.4 million attributable to shareholders for the third quarter of 2008.

Revenues for the third quarter of 2009 were $8.1 million, up $3.1 million, or 61.7 percent, from $5.0 million reported in the same period last year. Gross profit of $2.9 million for the quarter increased by $1.6 million as compared to gross profit of $1.3 million for the third quarter of 2008.

Lori Cohen, president and CEO of Conversion Services, said the company’s efforts to improve its balance sheet paid off and that it

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Sikorsky Aircraft Corp. and Tata Advanced Systems Ltd. (TASL) today announced creation of a joint venture that will manufacture aerospace components for Sikorsky in India, including components for S-92® helicopter cabins. The joint venture agreement builds upon a long-term contract signed in Jun 2009 for TASL to assemble Sikorsky S-92® helicopter cabins. Sikorsky is a subsidiary of United Technologies Corp. (UTX) and TASL is a wholly owned subsidiary of Tata Sons.

Both the joint venture agreement and the cabin assembly contract stem from a MOU signed in Feb 2007 by the companies to explore the creation of aerospace operations in India. The cabin assembly contract signed in June 2009 has led to ongoing construction in Hyderabad, in the state of Andhra Pradesh, where TASL will assemble S-92 helicopter cabins starting in 2010.  The new joint venture will be positioned to manufacture components for other aerospace Original Equipment Manufacturers

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Advance Auto Parts (AAP) posted a profit of 69 cents per share, before special items, in the third quarter of its fiscal ended Oct 10, 2009. This represents a 19% increase from 59 cents reported in the year-ago quarter. With this, the company also exceeded the Zacks Consensus Estimate of 66 cents per share. Total sales in the quarter rose 6% to $1.26 billion. This was attributed to a net addition of 66 new stores during the past 12 months and a comparable-store sales gain of 4.7% compared to a decrease of 0.1% during the third quarter last year. The comparable-store sales gain was comprised of an 11.8% increase in Commercial, or do-it-for-me (DIFM), and a 1.7% increase in do-it-yourself (DIY) sales. Gross profit rate was 49.2% of sales compared to 47.3% in the prior year. This 190 basis-point improvement reflects continued investments in pricing and ...

Priceline.com (PCLN) reported very strong third quarter results, with earnings beating the consensus by 57 cents and revenue beating by 5.3%. Revenue Revenue of $730.7 million was up 21.0% sequentially and 30.1% year over year. The significant increase from the year-ago quarter was helped by easier comps as the third quarter of 2008 was impacted by the recession, while the third quarter of 2009 benefited from strengthening demand. Revenue growth was driven by significantly higher room night volumes, which offset the decline in average daily rates (ADRs). Room nights increased 14.1% sequentially and 56.3% year over year. Both airline ticket units and rental car days declined sequentially, although they were up 30.2% and11.6%, respectively from the year-ago quarter. Revenue by Source The company generates the largest chunk of revenue from the merchant business. This segment contributed 55% of total revenue, a sequential increase ...

Harris Corporation (HRS) recently posted fiscal first-quarter earnings of 83 cents per share, topping the Zacks Consensus Estimate by 9%. The company also hiked its earnings guidance and analysts followed suit.

Company Description

Harris is an international communications and information technology company serving government, defense and commercial markets in more than 150 countries. Headquartered in Melbourne, Florida, the company has annual revenue of approximately $5 billion and more than 15,000 employees - including nearly 7,000 engineers and scientists.

A Solid First Quarter

The company recently posted fiscal first-quarter earnings of 83 cents per share, topping the Zacks Consensus Estimate by 9%. Revenue climbed from last year's $1.17 billion to $1.20 billion.

Management said new orders, revenue and earnings exceeded expectations in the first quarter as a result of strong performance in both the RF Communications and Government Communications Systems segments.

Higher Forecasts

The company also hiked its fiscal year earnings guidance to

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LAS VEGAS, NV — (Marketwire) — 11/10/09 — Xcellink International Inc. (OTCBB: XCEL), a developer of a patented mobile payments & banking platforms, is pleased to announce that is has executed an agreement with 3i Infotech for the development and integration of its patented software with Apple’s iPhone technology.

Work will be carried out by 3i Infotech’s development team, and it is expected that the new technology will be ready for testing in early January 2010. The board of Xcellink is extremely excited by this relationship due in part to the 3i Infotech Group of Companies, which includes Regulus Group, a subsidiary of the global information technology company 3i Infotech, and one of North America’s largest payment processors.

Regulus Group is one of the brightest stars in the payment processing industry providing statement and bill presentment services to clients in the financial services, health care, insurance, telecommunications, and utilities industries.

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Syntel (SYNT) recently declared a regular quarterly dividend of 6 cents per share, which translates into an industry-leading yield of 0.6%. The company also reported third-quarter earnings of 73 cents per share, eclipsing last year's 54 cents and topping the Zacks Consensus Estimate by 24%.

Company Description

Syntel Inc. provides information technology and knowledge process outsourcing services worldwide. In describing its business, the company explains that it delivers flexible, custom Information Technology and Business Process outsourcing solutions that improve quality and reduce costs. Syntel serves the financial services, healthcare, insurance, automotive and retail industries among others.

Solid Income

The company recently declared a regular quarterly dividend of 6 cents per share, noting that it is payable on January 14 to shareholders of record at the close of business on December 31.

The 6-cent dividend translates into an industry-leading yield of 0.6%.

Strong Third Quarter

In

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Friday November 6, 2009

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CVAT, SBUX, PWRM, CVS, PSFT, SWKS, AQNM, IBM, CSRH

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PSFT, Powersafe Technology Corp., PSFT.PK

PSFT subsidiary Amplification Technologies Inc. (www.amplificationtechnologies.com) (ATI), is offering higher performance thermoelectrically cooled discrete amplification single photon counting solid state photodetectors. These photodetectors are mounted on a two stage thermoelectric cooler inside a hermetically sealed TO8 package and can be operated down to a temperature of -30oC.

The devices are available in both Si and InGaAs/InP technologies. As compared to TO5 devices, these TO8 packaged detectors have 10-30X lower dark current depending on operating temperature. The Si devices offer flat and

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Thursday November 5, 2009

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Cavitation Technologies, Inc. (OTC Bulletin Board: CVAT) announced recently that it has signed Miura Engineering Co., Ltd. Tokyo, Japan (www.miura21.co.jp) as its new agent to serve markets in Japan for CTI’s Nano-Cavitation Process Systems. Miura is a leading Engineering Company specialized in Edible Oil Processing Plants in the Far East. Last week CVAT reported a 3-for-1 forward stock split.

IRIDEX Corporation (Nasdaq: IRIX) today announced that it will release its third quarter 2009 financial results after the

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