Last night, VeriSign, Inc. (VRSN) reported revenues of $258 million from continuing operations in the third quarter of 2009.

Core businesses (Internet Infrastructure and Identity Services) generated revenues of $257 million, up 1% sequentially and up 6% year-over-year. Revenues from discontinued operations came in at $41 million.

Operating margin came in at 38.6%, marginally up from the previous quarter. Net income was $64 million. Earnings per share (EPS) of 33 cents easily beat the Zacks Consensus Estimate of 28 cents.

During the quarter, the company generated $105 million of cash from operations and used $25 million in capital expenditures. The company ended the quarter with cash and equivalents of $1.4 billion, an increase of $124 million from the previous quarter. As of September 30, 2009, deferred revenue came in at $881 million.

Subsequent to the end of the quarter, VeriSign completed the sale of its Global Security Consulting business, and Messaging and

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Last night, VeriSign, Inc. (VRSN) reported revenues of $258 million from continuing operations in the third quarter of 2009. Core businesses (Internet Infrastructure and Identity Services) generated revenues of $257 million, up 1% sequentially and up 6% year-over-year. Revenues from discontinued operations came in at $41 million. Operating margin came in at 38.6%, marginally up from the previous quarter. Net income came in at $64 million. Earnings per share (EPS) came in at 33 cents easily beating the Zacks Consensus Estimate of 28 cents. During the quarter, the company generated $105 million of cash from operations and used $25 million in capital expenditures. The company ended the quarter with cash and equivalents of $1.4 billion, an increase of $124 million from the previous quarter. As of September 30, 2009, deferred revenue came in at $881 million. Subsequent to the end of the quarter, VeriSign ...

Dr Stock Pick HOT News & Alerts!

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FREE Daily Stock Alerts From DrStockPick.com

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Monday September 28, 2009

DrStockPick.com Stock Report!

XRX, PWRM, ABT, CSRH, CMCSA, CVAT, FMCN

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XRX, Xerox Corp.

XRX engages in the development, manufacture, marketing, servicing, and financing of document equipment, software, solutions, and services worldwide.

XRX said Monday it will buy Affiliated Computer Services Inc. for $6.4 billion in cash and stock to create a $22 billion business that combines XRX’s copiers, printers and document management services with the “business process outsourcing” of Dallas-based ACS., joining the expensive race among technology companies to broaden their offerings.

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PWRM, Power 3 Medical Products Inc, PWRM.OB

Power3 Medical Products, Inc. is a leading bio-medical company engaged in

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For Immediate Release

Chicago, IL – August 27, 2009 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: United Heathcare Group (UNH), Aetna (AET), Wet Seal Inc. (WTSLA), VeriSign Inc. (VRSN) and Syniverse Holdings Inc. (SVR).

Get the most recent insight from Zacks Equity Research with the free Profit from the Pros newsletter: http://at.zacks.com/?id=5513

Here are highlights from Wednesday’s Analyst Blog:

CBO Overstates Healthcare Costs

Some of the more outrageous types of misconduct by the likes of United Heathcare Group (UNH) and Aetna (AET) might be curbed, such as the cancelling of policies as soon as someone gets sick and puts in a substantial

...

Google Inc. (Nasdaq: GOOG), not satisfied owning the search engine market, yesterday (Wednesday) revealed it is going to assault Microsoft Corp. (Nasdaq: MSFT) on the turf it has dominated for two decades: the operating system (OS).

In a blog posting, the Mountain View, Calif.-based company introduced the Google Chrome Operating System, which shares the same name as the web browser it introduced in September. Google expects the OS to be available in the second half of 2010, and it initially will run onnetbooks, or low-cost laptops designed for Internet access. The company is working with multiple manufacturers such as Acer Inc., Hewlett-Packard Co. (NYSE: HPQ) and Toshiba Corp. to bring Chrome OS-backed netbooks to the market, Google said.

No. 1 computer seller H-P told the Dow Jones Newswires that it is “studying” the Chrome OS.

“We want to assess the capability it may

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MOUNTAIN VIEW, Calif - July 9, 2009 - SolFocus, the leading developer of Concentrator Photovoltaic (CPV) systems, today announced that it has closed its Series C Funding round having raised $77.6 million.

For Immediate Release

Chicago, IL - June 30, 2009 - Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: J.P. Morgan (JPM), Bank of America (BAC), Citigroup (C), Wells Fargo (WFC) and Omnicell Inc. (OMCL).

Get the most recent insight from Zacks Equity Research with the free Profit from the Pros newsletter: http://at.zacks.com/?id=5513

Here are highlights from Monday's Analyst Blog:

Supreme Court Rules Against Banks

In a surprising 5-4 vote, the Supreme Court ruled that national banks are still subject to the laws of the states they operate in. What made the ruling unusual is that Justice Scalia wrote the opinion and the other four conservative

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Incorporated in 1997, eHealth, Inc. is the parent company of eHealthInsurance Services Inc., the leading online source of health insurance for individuals, families, and small businesses. eHealthInsurance presents complex health insurance information in an objective, user-friendly format. This enables the research, analysis, comparison, and purchase of health insurance products that best meet consumers’ needs. eHealth, Inc. trades on the NASDAQ Global Market and they have their headquarters in Mountain View, California.

eHealthInsurance has developed partnerships with more than 180 health insurance companies. Their technology platform has the ability to communicate electronically with insurance carrier partners. This enables a simpler, more streamlined health insurance application process. They offer more than 10,000 health insurance products online, and are licensed to market and sell health insurance in all 50 states and the District of Columbia.

eHealth, Inc. via their eHealthInsurance enterprise provides consumers with transparency of information about a wide variety of health insurance

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Google Inc. (GOOG) has announced the launch of a venture capital arm that will invest up to $100 million in startup companies. The stock has gained over 2% since this morning, although volumes are at lower-than-usual levels.

The arm, named Google Ventures, will be "focusing on early-stage investments across a diverse range of industries, including consumer internet, software, clean-tech, bio-tech, health care" and others.

Google Ventures has already invested in two companies, Silver Spring Networks, which provides technology to manage power grids, and Pixazza, a company engaged in online photo-based marketing.

Last week, the Mountain View-based search giant had announced the planned reduction of 200 employees in its sales and marketing operations amid a deepening recession.

Earnings estimates for this year have been cut by 65 cents over the past month and by 78 cents over the past 60 days.

GOOG is a Zacks #3 Rank ("Hold") stock.

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Google Inc. (GOOG) is planning a workforce reduction of 200 in its sales and marketing operations, as the Internet's most profitable company feels the pinch of a global economic meltdown.

The Mountain View-based search giant, affected by the slump in advertising spending, had eliminated about 100 recruiters in January. It cut another 40 positions when it closed its radio-programming business in February.

GOOG said that it had hired too many employees during its phase of rapid expansion.

"In some areas we've created overlapping organizations which not only duplicate effort but also complicate the decision-making process" Mr. Omid Kordestani, Google's senior vice president for global sales and business development, said in a report posted on Google's corporate blog.

"We over-invested in some areas in preparation for the growth trends we were experiencing at the time" he continued.

Shares of GOOG are down about 1.3% today.

"GOOG" Free ...