TransDigm Group Incorporated (TDG) reported fourth quarter 2009 earnings per share of 82 cents, beating the Zacks Consensus Estimate of 80 cents. Net sales for the quarter rose 4.3% to $197.4 million from $189.2 million in the comparable year-ago quarter. The favorable contribution from acquisitions was partially offset by a 4.6% decline in organic net sales.  The decrease in organic sales was primarily due to lower commercial OEM and aftermarket demand partially offset by strong defense sales. The company completed the acquisition of three proprietary aerospace component businesses and ended the fiscal year in sound financial condition with nearly $190 million in cash and almost $200 million of unutilized capacity under its revolving credit facility.  For 2010, in the Commercial OEM segment, the company is assuming a revenue decline in the mid-single digit percent range. This is based on a reduction in commercial transport rates in ...

TAMPA, FL - November 18, 2009 - MagneGas Corporation (OTCBB: MNGA), a producer of a metal working fuel and natural gas alternative made from liquid waste, announced today that it has entered into a Strategic Alliance Agreement ("SAA") with United Arab Emirates ("UAE")-based United Gas Company ("UNIGAS").

MANHATTAN, NV — (Marketwire) — 11/17/09 — Royal Standard Minerals, Inc.’s (OTCBB: RYSMF) Goldwedge is a permitted gold mining property located in Nye County, Nevada. RYSMF has completed considerable underground development work to evaluate the upper portion of the drill indicated gold system. Concurrently a processing plant was constructed on the property to further test the gold recoveries of the mined material. As a result of this work the company is involved with an equipment upgrade and maintenance program for the Goldwedge plant and the underground facilities. This work includes the removal of current equipment and the reinstallation of a larger capacity grinding circuit in the plant. The purpose of this program is to increase plant throughput and improve reliability of the operation going forward.

The capital requirements for the plant and underground program to advance this project toward full operation is expected to come from current cash, new

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In September, the Producer Price Index rose by 0.3%. While this is an acceleration from the 0.6% decline in September, it is well below consensus expectations of a 0.5% increase. All of the price pressures were coming from food and energy. If they are stripped out to get the Core Producer Price Index, prices fell by 0.6% for the month -- a much faster decline than the 0.1% decline last month, and even farther below the consensus expectations of a 0.1% increase for the month. Both food and energy rose by 1.6% at the finished level in September. For energy, though, it was just a partial reversal of the 2.4% decline in September. In September, finished food prices fell only 0.1%. On a year-over-year basis, the total Producer Price Index is down 1.9%. However, last month the year-over-year decline was 4.8%. Thus on a year-over-year basis, the ...

The Producer Price Index increased by 0.3% in October to 174.1 (1982=100). The index was expected to increase by 0.5%, following a 0.6% decline in September and a 1.7% rise in August. Over the year, the index has decreased by 1.9%. The index for energy goods and prices for consumer foods both rose by 1.6%. Excluding food and energy prices, Core PPI fell the second consecutive time, by 0.6% after a 0.1% decrease in the previous month.

Industrial Production increased by 0.1 percent in October to an index value of 98.6 (2002=100), lower than the expected increase of 0.4%. This follows a 0.6% increase in September, revised downward from an originally reported increase of 0.7%. Over the year, the industrial production index is down by 7.1%. Capacity Utilization was reported at 70.7%, an increase from the 70.5% level in September. In October 2008, Capacity Utilization was

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Phoenix-based NutraCea (NTRZ), a producer of stabilized rice bran and other baby cereals, had filed for protection under Chapter 11 of the U.S. Bankruptcy Code. The petition was filed in the U.S. Bankruptcy Court for the District of Arizona on Nov 10. The world leader in stabilized rice bran nutrient research and technology plans to restructure its operations with government aid. Pursuant to the bankruptcy code, the company will reshuffle its operations, trim overhead costs and dispose of non-core assets, while focusing on its core business of stabilized rice bran, rice bran oil, nutraceuticals and baby cereals. None of the company’s subsidiaries were party to the bankruptcy filing. Concurrent with the bankruptcy filing, the company applied for $6.8 million of loan from Wells Fargo Bank, a division of Wells Fargo & Company (WFC). This loan, along with the cash generated from operations, will help the ...

Anpath Group, Inc., a manufacturer and producer of eco-friendly cleaning and disinfecting products that help prevent the spread of infectious microorganisms, recently announced that the company has retained the investment banking firm Laidlaw & Company to provide investment banking and financial advisory services, as well as advice on strategic transactions, including possible technology licensing arrangements.

Anpath Group, Inc., through its wholly-owned subsidiary, EnviroSystems, Inc., specializes in safe infection prevention technologies designed to eradicate infectious microorganisms while offering a favorable safety and environmental profile. Laidlaw & Company personalized investment advice and skillful execution to private and public institutions, and has developed long-term relationships with many of the top portfolio managers with special attention to technology and biotechnology investors.

J. Lloyd Breedlove, president and chief executive officer of Anpath Group, Inc., stated, “We believe the market and the need for safe and environmentally responsible infection prevention is rapidly growing. With the assistance of

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This post is a guest contribution by Dr Mark Mobius, executive chairman of Templeton Asset Management.

During 2008, Russia was among the weakest stock market performers in the emerging market universe, losing more than 70% in US$ terms. But this year, the market has staged an impressive rally surging nearly 100% in the year-to-October period. The Russian market is among the cheapest in the emerging market universe and is trading at a discount of around 50% to its counterparts.

Today, Russia and many other emerging markets are now being driven by an excess in money supply in the international markets which means that these markets are experiencing an inflow of money for investments. Consequently, as Russia was more depressed than other markets, the upside is greater. At Templeton, we continue to find attractive opportunities in most sectors despite the recent rally as valuations remain undervalued. The Templeton Emerging

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TAMPA, FL - November 10, 2009 - MagneGas Corporation (OTCBB: MNGA), a producer of a metal working fuel and natural gas alternative made from liquid waste, announced today that it has entered into a Strategic Alliance Agreement with Kuwait-based TIES International.

Revenues and profits for Titanium Metals Corporation (TIE) plunged in the third quarter of 2009 due to lower shipments on the back of weak demand from commercial aircraft builders and lower selling prices. Earnings per share for the country's largest producer of titanium was $1.1 million, or $0.01 per share, compared to last year's $40.2 million, or $0.22 per share. Earnings also missed the Zacks Consensus Estimate of 3 cents.

Revenues of $181.4 million declined 39% year over year. Volumes in the melted product segment were down 39% to 675 million tons while prices weakened 20% to $23.9 per ton from $29.85 per ton last year. Shipments in the mill product business plummeted 31% to 3.8 billion tons and prices dropped 6% to $56 per ton from $59.4 per ton. Lower sales were followed by a significant 93% fall in operating income to $3.5 million. Cost of sales declined

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