Clear Channel Outdoor Holdings, Inc. has gained a stellar reputation in the marketplace as the world’s largest outdoor advertising company with close to one million displays. Clear Channel has a vast global reach with these displays, not only in the United States, but also in over 50 countries across 5 continents. Today, Clear Channel took a major step towards enhancing their future with the announcement that Debbie Reichig will be added to their team to serve in the capacity of Senior Vice President of Sales and Marketing.

Reichig is a veteran in the industry and gained notoriety when she was the Principal at In-Focus Media Consulting. In that position, Reichig successfully developed unique sales strategies for key clients such as Rainbow Media and the Weather Channel. Prior to her time at In-Focus, Reichig served as Senior Vice-President of Market Development at NBC Universal and Senior Vice President

Axion Power International is a corporation operating out of New Castle, Pennsylvania and has gained a stellar reputation as a leading developer of advanced lead-carbon PbC batteries. Today, the company took a major step towards enhancing their future with the announcement that Company Chairman and CEO Tom Granville will participate in a panel discussion that will be led by National Wildlife Federation President and CEO Larry Schweiger. Axion, which is located right outside of Pittsburgh, will discuss the historic coal-mining city’s role as a leader in the clean energy economy.

For Granville to be included in this panel is a distinguished moment for both himself and Axion. Other members of the panel include U.S. Representative Mike Doyle, 14th District, Pennsylvania; Kathleen McGinty, principal in Peregrine Technology Partners and former Secretary of the Department of Environmental Protection in Pennsylvania and Michael Peck, president of Gamesa. They will discuss how

DrStockPick.com Stock Report!

Tuesday September 8, 2009

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AvalonBay Communities, Inc. (NYSE:AVB) announced today that it has commenced a cash tender offer (the “Tender Offer”) for up to $300,000,000 in aggregate principal amount (the “Maximum Principal Amount”) of AvalonBay’s outstanding 7.500% Medium-Term Notes due December 15, 2010 (the “7.500% Notes”), 6.625% Medium-Term Notes due September 15, 2011 (the “6.625% Notes”), 5.500% Medium-Term Notes due January 15, 2012 (the “5.500% Notes”) and 6.125% Medium-Term Notes due November 1, 2012 (the “6.125% Notes”) at a purchase price per $1,000 principal amount, in each case, as set forth in the table below and on the terms and conditions

European and Asian stocks extended last week’s rally on Monday and crude oil marched higher after U.S. economic news and stronger-than-expected data from the euro zone spurred expectations for economic recovery.

But an early rally in U.S. stocks faded about midday in New York after Treasuries rose as investors swooped in to take advantage of sharp losses on Friday.

Oil rose to a 10-month high near $75 a barrel and other commodities also surged as optimism that major economies were pulling out of recession drove hopes of rebounding demand. .

Global stocks as measured by MSCI’s all-country world index <.MIWD00000PUS> rose 1.2 percent and was on track for a fifth straight session of gains.

The yen fell while the U.S. dollar slid against commodity currencies, such as the Australian and New Zealand dollars, as investors became more comfortable with riskier trades given the upbeat assessment of the world economy.

“Economic data is in favor of a

Umpqua Holdings Corporation (NASDAQ: UMPQ), parent company of Umpqua Bank and Umpqua Investments (U.S.), Inc. today August 14, 2009 announced that it increased the amount of common stock to be sold in its underwritten public offering to $225 million, and priced the offering at $9.75 per share, for a total of approximately 23.1 million shares of common stock.

Great Lakes Dredge & Dock Corporation (NASDAQ: GLDD) (”Great Lakes” or the “Company”) today August 14, 2009 announced the pricing of its previously announced secondary offering of approximately 12.5 million shares of its common stock at a price to the public of $5.75 per share. The selling stockholders include Madison Dearborn Capital Partners IV, L.P., which has also granted the underwriters a 30-day option to purchase up to an additional approximately 1.9 million shares at the secondary offering price to cover over-allotments, if any.

Carmike Cinemas, Inc. (NASDAQ: CKEC), a leading digital cinema and

In a speech given to mining investors while in Johannesburg earlier this year, Frontier Advisory CEO Dr. Martyn Davies reiterated the case for frontier, and specifically, Africa-centric investment:

“If you believe in the long-term urbanization success story of China and India, you buy Africa, because that’s where the commodities are going to come from,” Davies told the audience.

Endowed with 30% of the world’s minerals, the African continent is experiencing continued attention and capital from Chinese and Indian firms which, according to McKinsey’s sub-Saharan Africa principal Dr. Heinz Pley, will concurrently provide growth to those economies as well as those in Africa itself:

“The Chinese have a long way to go to reach the personal income levels that Europeans and Japanese had. There is a lot of room left for growth in China and there is India in the wings and actually also Africa, in the long-term, will create significant

Today we are featuring top-performing "global equity" mutual funds, which primarily invest in equity securities of both U.S. and foreign companies.

Investors can find such funds by checking out the entire list of the Zacks #1 Rank Global Equity Funds.

3 Strong Samples

Ivy Cundill Global Value A (ICDAX) was incepted in September 2001. The investment seeks to provide long-term capital growth and may use certain derivative investment techniques for achieving its objective.

The fund invests primarily in equity securities throughout the world, including emerging market countries. It may invest in a company of any size and in issuers of any industry.

DIRECTV Group Inc. (DTV), Liberty Media Corp. (LMDIA) and Deutsche Telekom AG (DT) are among the fund?s top holdings.

ING Global Value Choice A (NAWGX) seeks long-term capital appreciation by investing in undervalued companies both U.S. and overseas that

Today we are featuring top-performing "global equity" mutual funds, which primarily invest in equity securities of both U.S. and foreign companies.

Investors can find such funds by checking out the entire list of the Zacks #1 Rank Global Equity Funds.

3 Strong Samples

Ivy Cundill Global Value A (ICDAX) was incepted in September 2001. The investment seeks to provide long-term capital growth and may use certain derivative investment techniques for achieving its objective.

The fund invests primarily in equity securities throughout the world, including emerging market countries. It may invest in a company of any size and in issuers of any industry.

DIRECTV Group Inc. (DTV), Liberty Media Corp. (LMDIA) and Deutsche Telekom AG (DT) are among the fund?s top holdings.

ING Global Value Choice A (NAWGX) seeks long-term capital appreciation by investing in undervalued companies both U.S. and overseas that possess catalysts to improve profitability and/or unlock value.

The fund manager

Ecosphere Technologies, Inc., a diversified water engineering and services company, announced this morning that its oil and gas environmental services subsidiary, Ecosphere Energy Services, LLC (EES), closed its agreements with Bledsoe Capital Group who know owns 33% of the subsidiary.

Drew Bledsoe, principal of Bledsoe Capital, stated, “Our goal was to find a ‘green’ technology to invest in that would make a major difference for present and future generations. EES has recently signed master service agreements with some of the most respected energy producers in the world. This is a testament to just how much of a game changing technology we have here. The Ecosphere opportunity allows us to participate in conserving two of the most important natural resources we have in the world, ‘Water and Natural Gas.’ The Ecosphere investment opportunity has exceeded all of our expectations.”

Ecosphere Energy Services LLC President Dennis McGuire commented, “It is very rewarding

Risk Aversion returns…  Money Multiplier dampens stimulus effects…  TIC flows show concern of foreign investors… China back on growth track… And Now… Today’s Pfennig!

Good day… Chuck got an early start on a two week hiatus from the desk, so you will be stuck with me writing the Pfennig for the next two weeks. But don’t worry, you will still get a small dose of Chuck over the next week as he typically emails me his thoughts while on the road (I call it Pfennig Pfodder). Risk aversion dominated the currency markets overnight, as terrorists set off two separate explosions in Jakarta and investors moved money back into the ’safe havens’ of the US$ and Japanese yen.

Chuck wrote about this move yesterday, believing the bad news regarding CIT would probably cause a risk reversal. But the US stock market shook off the CIT news and rallied higher after a big earnings report by JP Morgan