Dr Stock Pick HOT News & Alerts!

_________________________________________

FREE Daily Stock Alerts From DrStockPick.com

_________________________________________

DrStockPick.com Watch List!

My Picks for Thursday October 29, 2009, are:

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

AKAM, Akamai Technologies Inc.

AKAM provides market-leading managed services for powering video, dynamic transactions, and enterprise applications online.

AKAM’s Revenue for the third quarter 2009 was $206.5 million, a 5 percent increase over third quarter 2008 revenue of $197.3 million, and a 1 percent increase from second quarter 2009 revenue of $204.6 million.

More about AKAM at www.akamai.com

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

CPE, Callon Petroleum Co.

CPE is engaged in the acquisition, development, exploration and operation of oil and gas properties primarily in the Gulf Coast region. CPE’s properties and operations are geographically concentrated in Louisiana,

...

Evergreen Solar Inc. has emerged as a recognizable figure in the solar power industry. The company develops, manufactures and markets String Ribbon™ solar power products for residential and commercial applications around the world.

The solar manufacturer today announced the recent opening of its Europe-based headquarters in Berlin, Germany, which is expected to extend the reach of the company’s presence in the German market. With headquarters in Berlin, the company anticipates taking advantage of solar incentives and the accelerated business growth in Europe.

“Berlin is an ideal location for us to establish our European headquarters,” Peter Rusch, managing director of Evergreen Solar GmbH and vice president of Sales for Evergreen Solar stated in the press release. “Our excellent products and strong relationships with customers have allowed us to establish ourselves very quickly as a leader across the European market.”

In 2002, Evergreen Solar launched European operations and became a fully-registered German

...

Sprint Nextel (S) has further expanded its fourth-generation (4G) wireless broadband network coverage to ten more U.S. markets. The third largest US carrier has officially launched commercial services in Salem (Oregon), Milledgeville (Georgia) and Texas cities of Amarillo , Killeen-Temple, Corpus Christi , Lubbock , Waco , Wichita Falls , Abilene and Midland-Odessa. This follows Sprint’s 4G service launches in Atlanta, Portland and Las Vegas in August 2009.   Sprint offers its 4G service under the "Sprint 4G" brand and leverages the WiMax (a mobile broadband technology) network operated by Clearwire Corp. (CLWR) in which it holds 51% stake. The 4G WiMax network offers up to 10 times faster network speeds than the existing 3G deployments. The download speeds enabled by the 4G WiMax network averages 3-6 megabits per second (Mbps) with peak speed exceeding 10 Mbps.    Subscribers across the newly launched markets can now ...

Dow Chemical Co. (DOW) recently agreed to sell its hollow sphere plastic pigment product line to Fairlawn, Ohio-based specialty chemicals maker Omnova Solutions Inc. Hollow plastic pigments are used by the paper and paperboard industry. Dow also plans to close two production units at a Texas as part of its restructuring initiatives. The deal is expected to close in the fourth quarter of 2009.

Volatile crude oil prices have significantly affected the basic chemicals market, forcing the second-largest chemical manufacturer in the world to divest its styrene monomer and ethylbenzene production at Freeport, Texas. This sale will reduce Dow’s exposure to a capital-intensive Basic portfolio. About 60 employees will be affected.

Midland, Michigan-based Dow Chemical aims to shift focus to specialty chemicals that are used in cosmetics and food additives, and work with partners to meet basic chemical needs. After the Rohm & Haas acquisition in the second

...

Dow Chemical Co. (DOW) said it would sell $6 billion senior unsecured notes to buy out preferred shares used for its recent acquisition of Rohm & Haas in a move that will reduce its debt burden significantly.

The Midland, Michigan-based company had borrowed $9.2 billion for the takeover last month and pledged to pay off the debt paid by the end of this year. The sale of debt securities includes $1.75 billion in 5-year notes, $3.25 billion in 10-year notes and a $1 billion 30-year bond issue.

The sale also helps Dow in saving substantially in dividend payments as perpetual preferred shareholders are entitled to about 15% in payouts. Shares of the company were up more than 6% to $16.77 in morning trade on the New York Stock Exchnage.

"DOW" Free Stock Analysis: Buy? Sell? Hold?Zacks Investment Research

ERF Wireless announced earlier today that its subsidiary has completed and initiated services on a BranchNet encrypted enterprise-class wireless banking network for West Texas State Bank. The wireless network connects the West Texas State Bank Operations Center located in Odessa, Texas, with all five of its branch locations in Monahans, Kermit, Midland and Odessa, Texas.

“West Texas State Bank is going to be amazed by the speeds generated by this network,” commented Jay Bilden, Senior Vice President of Engineering and Network Operations for ERF Wireless. “This is now one of our model networks and it empowers West Texas State Bank to not only deploy data-intensive applications, but also voice and video technologies which will bring efficiencies to almost every facet of their business. This network will also accommodate the bank’s growing broadband needs for many years to come and will result in a substantial decrease in their network operating costs.”

“We

...

Doral Energy Corp. is an emerging oil and gas exploitation company. Trading on the OTCBB, their strategy is to grow a portfolio of under-developed production and exploitation assets with the potential for infill drilling. Headquartered in Midland, Texas, the Company focuses on identifying acquisitions that generate immediate cash flow from production, but also have proved developed non-producing and proved undeveloped reserves that they can develop for significant growth.

The Permian Basin of Texas and New Mexico is where Doral Energy Corp. sees potential for future acquisitions. Their first producing assets are in Eddy County, New Mexico in the northwestern part of the Permian Basin. Their project here is on their 7,800 acre Eddy County Properties. They are now producing 135 barrels of oil equivalent (BOE) per day and have 6.1 million BOE in proved reserves in this area.

Doral has a 97.5 percent average working interest and a 76.0 percent average net

...

In this post, the following companies are named: Dow Chemical (DOW), Rohm and Haas Co. (ROH) and Lubrizol Co. (LZ).What is going on in Midland, Michigan?Dow Chemical (DOW) is in the midst of significant fallout since its proposed basic chemical joint venture [JV] with a concern in Kuwait fell through. Dow was to have received $9.5 billion in cash as part of the remuneration for the assets contributed to the deal. When the deal fell apart recently, as noted in a previous blog, a $2.5 billion breakup fee was to be paid to Dow. The Kuwait concern is contesting this and the two are heading off to court in London.So, Dow starts to move to Plan B. Or is there a Plan B? The reality is that it is a mess. The company is eying lowering the price tag ...

HealthSouth Corp (HLS) is expanding in a tough economy after a stellar quarterly report. The company significantly raised its 2008 guidance and shares are climbing.

Company Description

HealthSouth is a leading provider of outpatient surgery and rehabilitative services. The company operates through a network of inpatient and outpatient facilities across the U.S. As of Jun 30 HealthSouth has 93 inpatient rehabilitation hospitals, 6 long-term acute care hospitals, and 59 outpatient satellites. The company is head quartered in Birmingham, Alabama, has 16,000 employees, and a market cap of $1.7 billion.

Fantasctic Second-Quarter Results

On Aug 5 HealthSouth reported second-quarter income from continuing operations of $47.2 million, compared to just $4.7 million in the same period last year. The company said an increase in discharges and quarterly revenue were the main drivers. Discharges are up 5.6%, year over year.

Earnings per share

...