With headquarters in San Jose, California, Symmetricom, Inc. supplies timing and synchronization hardware, software, and services to industry, government, utilities, research centers, and aerospace markets worldwide. Trading on the NASDAQ Global Market, the Company operates in two divisions: Telecom Solutions and Timing, Test, and Measurement.

Symmetricom products provide the precise time, frequency, and synchronization signals required by a network of GPS satellites. Worldwide, the international timescale is set to sub atomic precision using Symmetricom frequency reference. The Company’s timing solutions are critical to radio navigation in coastal waters, deployment of missiles, and the seamless delivery of voice, data, and video across telecom and cable networks, and uninterrupted availability of power to millions.

Symmetricom designs, manufactures, and delivers atomic clocks, network synchronization, and timing solutions. These find use in wireline and wireless telecom networks, cable networks, space, defense and avionics systems, and enterprise IT networks. The Company’s customers include network and cable service

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VeriFone Holdings Inc. (PAY) recently announced the formation of its Global Security Solutions Business Unit. This unit will focus on delivering innovative security solutions including VeriShield Protect end-to-end encryption, which protects cardholder data throughout merchant and processor systems.

The business will focus on sales, consulting and implementation of VeriShield Protect and VeriShield Retain and future initiatives are aimed at helping retailers and processors protect consumer data. VeriFone also plans to focus on reducing the complexities and costs of PCI compliance.

Based in San Jose, California, VeriFone designs, markets and services a transaction automation system that facilitates electronic payments between consumers, merchants and financial institutions. Earlier, Verfione doubled its investment in the security technology developer Semtel Corp. and announced that it will become the lead investor in a Series B financing of Semtek. Additionally, VeriFone and Semtek entered into a worldwide distribution agreement which allows VeriFone to license Semtek encryption technology to

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At an event in San Jose, Mr. Larry Ellison, the Chief Executive and Chairman of Oracle Corp. (ORCL), the largest software company said that its proposed acquisition of Sun Microsystems, Inc. (JAVA) for $7.4 billion ($9.50 a share) has been slowed by an ongoing antitrust review in Europe and the company is still waiting for clearance by the European Commission. The delay in approval from the regulatory body is causing Sun Micro to lose about $100 million each month. The major issue lingers on Oracle's potential acquisition of Sun's MySQL – an open-source database software which overlaps Oracle’s own database software. This could smother competition in the database software industry. However, Mr. Ellison said the deal is expected to be cleared by European regulators, despite the delay. It still remains unclear how long the European approval would take. While it is being speculated that Oracle ...

SunPower Corp. (SPWRA) recently teamed up with SunRay Renewable Energy to construct a 24MW solar electric power plant in Montalto di Castro, Italy. This project is the first phase of a planned 100MW development that is expected to be fully operational in 2010.

This would be Italy’s largest operating solar power plant after completion. Spread over 80 hectares, the Montalto di Castro project is owned by SunRay Renewable Energy. The company has engaged SunPower to design and construct the power plant apart from providing ongoing operations and maintenance services for the project. The project is being financed by a consortium of primary international and Italian. Electricity produced at the plant will find a ready market locally and any surplus will be added to Italy’s national electric grid.

SunPower is focused on tapping the rapidly expanding Italian solar market. Its 2008 acquisition of Solar Solutions, a solar systems integration

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Early last week, Mexican airport operator, Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. (OMAB), reported terminal passenger traffic at its 13 airports during August 2009.  Total passenger traffic decreased 12.9% year over year in the month. Domestic traffic decreased 11.0%, and international traffic decreased 24.1%. However, total passenger traffic volumes decreased at a slower rate than during any prior month of the year. This effect is principally the result of the improvement in domestic traffic.  The performance of airlines such as VivaAerobus, Grupo Aeromexico, Aeromar, and Grupo Mexicana benefited domestic traffic. Three domestic routes were opened: Mexicana Link opened the Acapulco-Guadalajara and Guadalajara-Mazatlan-San Jose del Cabo routes on August 1, and Aeromexico Connect opened the Zacatecas-Mexico City route on August 11.  The Culiacan, Durango, and Mazatlan airports reported traffic growth of 15.7%, 23.2%, and 2.6% respectively. However, the overall volume of domestic traffic was ...

VeriFone Holdings Inc. (PAY) yesterday reported revenues of $211.2 million for the third quarter. Revenues were down 18.4% year over year but up 4.7% sequentially.

Revenues from Asia were strong in particular, posting a 74% sequential growth. However, revenues from Latin America declined 24%. On a non-GAAP basis, gross margin was 36.8% compared to 33.8% in the prior quarter and 37.6% in the year-ago quarter. Operating expenses were down 45% year over year.  The majority of the improvement came from a reduction in net inventory related charges. VeriFone had earlier made provisions for excess inventory in order to adjust to lower demand.

On a GAAP basis, EPS was 26 cents compared to 22 cents in the previous quarter and a loss of 9 cents in the year-ago quarter. On a non-GAAP basis, EPS came in at 26 cents, easily beating the Zacks Consensus Estimate of 13 cents.

Going forward, management stated

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Earlier this month, Atmel Corp. (ATML) reported revenues of $284.5 million in its second quarter, up 5% sequentially but down 32% year over year.

Revenues reported in the quarter were negatively impacted by reduced demand resulting from the global economic weakness experienced in all electronic markets since the fourth quarter. In addition, reduced inventory levels held by distributors also resulted in low shipments levels compared to prior periods.

Gross margin declined to 32.3% from 35.1% in the previous quarter and 36.5% in the year-ago quarter, mainly due to a planned reduction in factory utilization in two of the company’s wafer fabrication facilities.

On a GAAP basis, net loss was $12.4 million or 3 cents per share, compared to a net income of $3.6 million or 1 cent per share in the previous quarter and a net loss of $4.9 million or 1 cent per share in the year-ago quarter. On a non-GAAP

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Earlier this month, Atmel Corporation (ATML) reported revenues of $284.5 million in the second quarter of 2009, up 5% sequentially but down 32% year over year. Based in San Jose, California, Atmel designs, develops, manufactures, and markets a range of semiconductor integrated circuits (IC) products for communication, consumer electronics, and the computer market. Revenues reported in the quarter were negatively impacted by reduced demand resulting from the global economic weakness experienced in all electronic markets since the fourth quarter of 2008. In addition, reduced inventory levels held by distributors also resulted in low shipment levels compared to prior periods. Gross margin declined to 32.3% from 35.1% in the previous quarter and 36.5% in the year-ago quarter, mainly due to a planned reduction in factory utilization in two of the company’s wafer fabrication facilities. On a GAAP basis, net loss was $12.4 million or 3 ...

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Monday August 24, 2009

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Last week, Fed Reserve chief Ben Bernanke said that the U.S. economy is nearing recovery, exceeding expectations and fueling a run in the stock market that appears to be carrying forward into this week. Today, Pacific WebWorks, Inc. (OTCBB:PWEB) surprised investors with bullish news of its own, reporting that the company’s profitability for the third quarter of 2009 will likely exceed total profitability for the first two quarters combined, drawing an interesting parallel between its success which is based on creating e-commerce solutions for enterprise, and Bernanke’s remarks.

AdEx Media, Inc. (OTC Bulletin Board: ADXM), a leading performance-driven, online marketing

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Tuesday August 11, 2009

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comScore, Inc. (Nasdaq: SCOR), a leader in measuring the digital world, today announced the introduction of comScore Ad Metrix in Canada, a breakthrough service in digital media campaign planning and buying that provides comprehensive insights into where display ads are viewed online and the demographic composition of the audiences reached. The service captures multiple varieties of display advertising, including static banners, rich media and video ads.

NMT Medical, Inc. (NASDAQ: NMTI) today announced that NASDAQ has approved the Company’s request to voluntarily transfer the listing of its shares to The NASDAQ Capital Market from The NASDAQ Global Market. The transfer

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