Nike Inc. (NKE), the world’s leading designer, marketer and distributor of athletic footwear, apparel, equipment and accessories, has recently increased its quarterly dividend by 8% to 27 cents per share from 25 cents.   Amid a challenging macroeconomic environment, when most companies are either reducing or temporarily withdrawing dividend payments, Nike has decided to increase its dividend for the eighth year in a row. The company has paid over $1.8 billion as dividends to shareholders in the last five years, and expects to continue to pay a steady dividend in the future as well.   Nike leverages a massive and well-established network of more than 23,000 retail accounts in the U.S and over 28,000 internationally to reach a wide array of customers. The company’s retail accounts consist of a mix of footwear stores, sporting goods stores, athletic specialty stores, department stores, skate as well as tennis and golf ...

UFP Technologies, Inc., a leading designer and manufacturer of interior protective packaging solutions, recently announced the company’s third quarter earnings, ended September 30, 2009, with net income of $2.1 million or $0.34 per diluted share. Sales for the third quarter totaled $27.6 million, slightly higher than 2008 third quarter sales of $27.5 million.

For the nine-month period ended September 30, 2009, UFP Technologies reported net income of $3.0 million or $0.49 per diluted common share outstanding, compared to $4.0 million or $0.63 per diluted common share outstanding for the corresponding nine months in 2008. Sales over the same time period totaled $70.2 million, compared to $84.0 million for the same nine-month period in 2008. Due to bargain purchase gains from acquisitions during the year, earnings per share for the nine-month period ended September 30, 2009 was $0.13.

R. Jeffrey Bailly, UFP Technologies’ chairman, chief executive officer and president, stated, “I am

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Wednesday October 28, 2009

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Cavitation Technologies, Inc. (OTC Bulletin Board: CVAT) 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.

Dreams, Inc. (NYSE Amex:DRJ), the vertically integrated leader in the licensed sports products industry, announced a new web syndication deal with one of the nation’s highest circulation newspapers–the Minneapolis Star-Tribune.

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Friday October 23, 2009

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Powersafe Technology Corp.’s (Other OTC: PSFT.PK) Subsidiary Amplification Technologies has patented a revolutionary new solid-state semiconductor technology solution for low-level signal detection: multichannel Discrete Amplification (DA). The patented DA platform technology, invented by company scientists, is a breakthrough in the design of photon detectors, providing these detectors with unique competitive advantages. Use of DA in semiconductor detectors increases their sensitivity markedly, and enables the creation of new detector systems for various applications including medical diagnostics, security systems,

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Danaher Corporation (DHR) reported that net earnings for the quarter ended October 2, 2009 were $351 million, or $1.05 per share, a 5.5% decrease as compared to the company’s 2008 third quarter net earnings of $372 million, or $1.11 per share. This was higher than the Zacks Consensus Estimate of 86 cents per share. Sales for the 2009 third quarter were $2.75 billion, 14.5% less than the $3.21 billion reported for the 2008 third quarter. Core revenues declined 14% in the quarter, compared to the third quarter of 2008. Core revenue refers to GAAP revenue from existing businesses and acquired businesses starting from and after the first anniversary of the acquisition. The increase in gross profit margin in the three months ended October 2, 2009 was largely due to year-over-year cost savings generated from the fourth quarter 2008 and 2009 restructuring activities in addition to ...

Akeena Solar Inc., a leading designer and installer of solar power systems in the United States, yesterday posted its third-quarter results for the three months ended September 30, 2009, reflecting growth and continued demand in residential applications.

The company reported net sales at $7.7 million as compared to $10.6 million for the same quarter last year, up from $5.9 million in the second quarter of 2009. The company attributes the year-on-year decline to the credit crunch and global overbearing economic conditions. However, the increase in net sales from the second quarter reflects higher residential sales.

“Our third-quarter results demonstrate the growing demand for residential solar installations and the improving leverage in our business model,” Barry Cinnamon, president and CEO of Akeena Solar stated in the press release. “The benefits of our differentiated Andalay panels and lower Andalay installation costs drove gross margin to 24.7%, double last year’s level, and

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Carlisle Companies Inc. (CSL) is outpacing the market and seeing bullish Zacks Consensus Estimates ahead of reporting. Full-year projections of $1.83 per share jumped from $1.43 over the past 3 months. CSL reports on Oct 20.

Company Description

Carlisle Companies is a diversified global manufacturing company that serves a wide variety of industries, including construction materials, commercial roofing, specialty tire and wheel, foodservice and aerospace to name a few.

Recent Acquisitions

The company recently announced that it acquired from its joint venture partner, The Yokohama Rubber Company, Ltd., the remaining interest in Japan Power Brake, Inc. (JPB) of Atsugi, Japan.

Carlisle stated that with annual sales of approximately $10 million, JPB is a leading provider of high performance braking solutions for off-highway equipment, primarily in the mining and construction industries in Japan.

Carlisle also recently announced the acquisition of privately-held Electronic Cable Specialists, Inc. (ECS), a leading designer and manufacturer of electrical

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Monday September 28, 2009

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Micromem Technologies Inc. (OTC BB: MMTIF), and its wholly owned subsidiary, Micromem Applied Sensor Technologies, Inc. (MASTInc), has received an initial purchase order for its sensors from Life Medical Technologies, Inc. (LMTI), which upon completion, will total US$30 million. Micromem anticipates delivery to begin in 2009 with the bulk expected in 2010, in accordance with fulfilling LMTI client orders.

Ebix, Inc. (NASDAQ:EBIX), a leading international supplier of On-Demand software and E-commerce services to the insurance industry announced today

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Friday September 18, 2009

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Cavico Corp. (NASDAQ:CAVO), a leading infrastructure development company based in Vietnam, announced today that its common stock has been approved for listing on The NASDAQ Capital Market under the ticker symbol CAVO. Trading on The NASDAQ Capital Market will commence today.

Avago Technologies Limited (Nasdaq:AVGO), a leading designer, developer and global supplier of analog semiconductor devices, today announced the early tender results for the cash tender offer by its wholly owned subsidiary, Avago Technologies Finance Pte. Ltd.

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Spectrum Control Receives $2 Million in Orders for RCIED Jammer Products

Spectrum Control, Inc. (Nasdaq: SPEC), a leading designer and manufacturer of custom electronic products and systems, today announced that it has received $2 million in orders for microwave and EMI products used in RCIED (Radio Controlled Improvised Explosive Devices) Jammer Systems. In accordance with the customer order requirements, product deliveries are expected to be completed by the end of fiscal year 2009.

Spectrum Control, Inc. (Nasdaq: SPEC), a leading designer and manufacturer of custom electronic products and systems, today announced that it has received $2 million in orders for microwave and EMI products used in RCIED (Radio Controlled Improvised Explosive Devices) Jammer Systems. In accordance with the customer order requirements, product deliveries are expected to be completed by the end of fiscal year 2009.

tw telecom Wins Five-Year, $1.4 Million Contract to Provide Data, Internet and Voice Services to U.S.

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