AutoNation (AN) has revealed that it would reappraise its mix of domestic and foreign brands in the auto inventory as General Motors (GM) switches from a "push production" to "pull production" business model. GM’s "push production" model was based on pushing out the maximum number of cars the plants could produce in order to meet the fixed costs. However, AutoNation disliked the business model's inefficiencies. Consequently, the Florida-based automotive retailer -- the largest in the U.S. -- has shown little respect for the quality and designs of many domestic brands, including GM. After emerging from bankruptcy, GM has abandoned it old model and started focusing on the "pull production" model. This implies that the company will establish its production schedule driven solely by consumer demand. GM’s new model has convinced AutoNation enough to reverse its inventory strategy. At a town hall meeting with GM’s CEO ...

DrStockPick.com Stock Report!

Tuesday September 15, 2009

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

The Board of Directors of FirstEnergy Corp. (NYSE: FE) today declared an unchanged quarterly dividend of 55 cents per share of outstanding common stock. The dividend will be payable December 1, 2009, to shareholders of record as of November 6, 2009.

ATS Medical, Inc. (Nasdaq: ATSI), manufacturer and marketer of state-of-the-art cardiac surgery products, announced today that it will participate in the 2009 UBS Global Life Sciences Conference at the Grand Hyatt Hotel in New York. Michael Dale, President and CEO of ATS Medical, will present at 4:30 p.m. Eastern Time on Tuesday, September 22, 2009.

Marriott

...

Mid-America Apartment Communities Inc. (MAA), a self-administered and self-managed real estate investment trust (REIT), recently announced the retirement of its CFO Simon Wadsworth as part of the long-term succession-planning program.

The company’s Executive Vice President, Treasurer and Director of Financial Planning Albert Campbell will replace Simon Wadsworth. Campbell joined Mid-America Apartment in 1998 as Vice President of Financial Planning and was later promoted to Senior Vice President and Treasurer of the company in 2003.

Mid-America Apartment owns and manages apartments in the Sunbelt region of the U.S. The company defines its portfolio in two tiers– primary markets and secondary markets. Having a diversified presence in diverse markets helps mitigate risk and decreases volatility in the event of a slowdown in any one product type.

Primary markets are relatively larger in size compared to secondary markets. On the other hand, secondary markets often have stable fundamentals due to limited

...

PennyOmega.com Stock Report!

PennyOmega.com Hot Stock News & Alerts!

 

Tuesday August 25, 2009

PennyOmega.com Stock Report!

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

ANADIGICS, Inc. (NASDAQ: ANAD) today announced that the Company’s HELP3(TM) power amplifier (PA) modules are being used by Intermec Technologies Corporation for the Wireless Wide-Area Network (WAN) Flexible Network(TM) Radio in its new CN50 mobile computer. The Intermec CN50 is the industry’s most advanced rugged mobile computer, which includes 3.75G wireless wide-area network capability that supports both voice and high-speed data exchange.

The Tootie Pie Company, Inc. (OTCBB: TOOT), a premium baker and seller of high-quality, handmade pies, is pleased to announce its pies are now being carried by the SYSCO Longview, Texas operating company. Tootie Pies are currently stocked

...

Parkway Properties, Inc. (PKY) reported funds from operations (FFO) of $0.86 per share, or $16.8 million, for the second quarter of 2009. This was down from $1.03 per share reported in the same quarter last year.

During the quarter, Parkway Properties, Inc. raised capital through the equity markets. The company sold 6.25 million shares of common stock to the public, raising $84.5 million. The funds were used to pay down some borrowings on its credit line. The company significantly reduced its outstanding debt on its credit line as a result of the new capital, and now owes $100 million, down from $185.9 million as of 12/31/2008.

Parkway Properties, Inc. also continued its disposal of assets that are considers peripheral to its core area. The company sold 1717 St. James Place, an office building located in Houston, TX. The building was approximately 110,000 square feet in size, and

...