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Wednesday October 28, 2009

DrStockPick.com Stock Report!

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Consorteum Holdings Inc. (OTCBB: CSRH) announced that it has proceeded to launch its consumer stored value rebate card. The consumer rebate card program will offer manufacturers and retailers a new way to process mail-in rebates that ensures increased customer loyalty and decreased overhead costs. Consorteum will work directly with manufactures and retailers to reduce the administration costs associated with mail-in rebate programs while providing a new way to increase consumer awareness. Additional revenue and cost-saving opportunities will be

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PSEG Nuclear, a Public Service Enterprise Group (PEG) company, has appealed to the U.S. Nuclear Regulatory Commission (NRC) for renewing the operating licenses of its New Jersey-based Salem and Hope Creek facilities by another 20 years. The NRC is likely to take around 22-30 months to review the applications. For merchant nuclear reactors, the NRC originally issues operating licenses for 40 years under the Atomic Energy Act, which is the average period taken by electric utilities to amortize their capital spending. PSEG Nuclear’s Salem station has two units with a combined generating capacity of 2345 megawatts (MW).  The original operating licenses of Salem’s Unit 1 and 2 are valid till 2016 and 2020, respectively.  The Hope Creek facility has a single unit generating 1211 MW and its original operating license terminates in 2026. PSEG Nuclear is the second largest nuclear facility in the United States, ...

Public Service Enterprise Group (PEG) reported operating earnings of 63 cents per share for the second quarter, a cent above the Zacks Consensus Estimate of 62 cents. Operating earnings was 61 cents per share in the same quarter a year ago. Operating revenues were almost flat at $2.6 billion mainly due to challenging market environment and unusually cooler summer.   Income from continuing operations improved to $311 million from a loss of $166 million as the company managed to bring down the operating costs. Operating expenses decreased 19% to $1.9 billion (75% of revenues) from $2.4 billion (93% of revenues), primarily driven by lower energy costs (down 30%).   PSEG Power’s operating earnings improved 5 cents to 47 cents per share, largely owing to higher contracted pricing and lower fuel costs. It gained due to higher generation from low-cost nuclear fleet, which increased more than 2% despite a ...

PennyOmega.com Stock Report!

PennyOmega.com Hot Stock News & Alerts!

 

Friday July 31, 2009

PennyOmega.com Stock Report!

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FUQI International, Inc. (Nasdaq: FUQI), a leading designer, producer and seller of high quality precious metal jewelry in China, today announced the pricing of an underwritten public offering of common stock. The Company agreed to sell a total of 4,855,000 shares at $21.50 per share (excluding of 726,395 shares that the underwriters may purchase pursuant to a 30-day option to cover over-allotments, if any). All shares are being offered by Fuqi International.

RXi Pharmaceuticals Corporation (Nasdaq: RXII), a biopharmaceutical company pursuing the development and commercialization of proprietary therapeutics based on RNA interference (RNAi), announced today that it has entered into

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For Immediate Release

Chicago, IL - April 3, 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: Schering-Plough (SGP), Merck & Co. (MRK), Johnson & Johnson (JNJ), Masimo Corp. (MASI) and Public Service Enterprise Group (PEG).

Get the most recent insight from Zacks Equity Research with the free Profit from the Pros newsletter: http://at.zacks.com/?id=4579.

Here are highlights from Thursday's Analyst Blog:

SGP/Merck Merger Makes Sense

On a stand-alone basis, we expect Schering-Plough's (SGP) sales to increase only 2% in 2009 as increased competition to prescription Claritin/Clarinex comes online and consumers shift discretionary spending away from Animal Health and Consumer products. We expect

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In “Utility Stocks Hotter with Deregulation,” which stock was Dan Eggers’ “top idea right now”?

“Our top idea right now is Public Service Enterprise Group (PEG) cnbc_quoteComponent_init_getData("PEG","WSODQ_COMPONENT_PEG_ID0ERC15839609","WSODQ","true","ID0ERC15839609","off","false"); ,” he said.  “New Jersey started deregulation in 2002, so you’ve had a number of years to phase in power prices going to what you’d call ‘market rates.’”

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