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Company News for November 12, 2009 – Corporate Summary

Zacks Market Commentaries (November 12th, 2009) Writes:

• Wal-Mart (NYSE:WMT) reported estimate-topping results of 84 cents a share, three cents above Zacks estimates of 81 cents, on revenues of $98.67 billion, slightly below estimates of $99.50 billion. Comparable sales eased 0.4% from last year. The firm raised fourth quarter and full-year guidance to a range of $1.08-$1.12 for the quarter and $3.57-$3.61 for the year

• Kohl's (NYSE:KSS) reported results of 63 cents a share, above Zacks estimates of 61 cents, on revenues of $4.1 billion, above Zacks projections of $4 billion

• Banking analyst Richard Bove strongly advised purchase of Bank of New York Mellon (NYSE:BK) shares, saying the firm's multiple should be twice current levels due to growth prospects

• Motorola (NYSE:MOT) is considering sale of its Home and Networks Mobility division as part of its turnaround plan. Analysts value the unit at $3-$5 billion

• Hewlett-Packard (NYSE:HPQ) said it agreed to acquire 3Com (NASDAQ:COMS) for $7.90 per share,

...

Dreams, Inc. (DRJ) Signs New Web Syndication Deal with the Minneapolis Star-Tribune

QualityStocks (October 30th, 2009) Writes:

Dreams, Inc., a leader in licensed sports products, has reported a web syndication deal with the Minneapolis Star-Tribune, one of the nation’s highest circulation newspapers. The new agreement will provide Dreams another outlet for licensed sports products and provide their new media partner with an additional stream of income. Dreams has previously obtained other major media/newspaper clients including USA Today, the Baltimore Sun and the Boston Globe.

In the new agreement Dreams will provide the design, development, marketing, customer service and fulfillment of an online Fan Shop for their new media partner. The merchandise offered includes a selection of more than 120,000 team products in a variety of categories including apparel, novelties, collectibles, home and office. Dreams will also provide the media outlet with sophisticated Search Engine Optimization (SEO), targeted database marketing, customer service and same day turnaround for shipping products.

Kevin Bates, Dreams’ Retail President and FansEdge Founder, commented on the

...

Zacks Analyst Blog Highlights: Verizon, Google, Apple Inc, Deutsche Telecom and Sprint – Press Releases

Zacks Market Commentaries (October 8th, 2009) Writes:

For Immediate Release

Chicago, IL – October 8, 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: Verizon (VZ), Google (GOOG), Apple Inc (AAPL), Deutsche Telecom (DT) and Sprint (S).

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:

VZ & Google Seal Android Pact

Verizon (VZ) reportedly partnered with search engine giant Google (GOOG) to develop and market mobile devices and applications based on the Android wireless software platform. Android-based mobile handsets developed through this collaboration will be available on Verizon’s high-speed wireless network. Financial terms

...

VZ & Google Seal Android Pact – Analyst Blog

Zacks Market Commentaries (October 7th, 2009) Writes:
Verizon (VZ) reportedly partnered with search engine giant Google Inc. (GOOG) to develop and market mobile devices and applications based on the Android wireless software platform. Android-based mobile handsets developed through this collaboration will be available on Verizon’s high-speed wireless network. Financial terms of the agreement were not disclosed by the companies.   Verizon, the largest wireless carrier in the U.S. , is expected to launch two android smartphones in the coming weeks. Plans are also in place to roll out other Android devices including PDAs and netbooks in future.   Under the multi-year agreement, the companies will pool substaintial resources to jointly develop a family of Android devices that will incorporate innovative mobile applications and feature Google Voice (Internet voice service). The products and services will be marketed leveraging Verizon’s nationwide distribution network and will be available for sale in the carrier’s retail and on-line stores....

DrStockPick.com Stock Report! 10/01/09, CAR, SCOR, MDR, BJRI, STLK, QUMI

Dr. Stock Pick (October 1st, 2009) Writes:

Dr Stock Pick HOT News & Alerts!

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FREE Daily Stock Alerts From DrStockPick.com

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Thursday October 1st, 2009

DrStockPick.com Stock Report!

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Avis Budget Group, Inc. (NYSE: CAR) announced today that its Avis Budget Rental Car Funding (AESOP) LLC subsidiary has closed its $450 million Series 2009-2 asset-backed term notes. The 5.68% notes were priced to yield 5.75%, have an expected final payment date in February 2013 and are rated Aaa by Moody’s Investors Service.

comScore, Inc. (Nasdaq: SCOR), a leader in measuring the digital world, today released the results of a study of changes in search engine marketing in the

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Today in Russian Business – September 25, 2009

Robert Amsterdam (September 25th, 2009) Writes:
The Moscow Times suggests that Russia will be consigned to the sidelines in today's  G20 meeting to discuss creating a global financial architecture, as, for all of its riches, the country lags behind in industrial development.  With all of the legal and financial perils of investing in Russia - why does it still attract as many companies as it does? asks Business Week.  After being threatened with bankruptcy, Rusal apparently repaid debts worth $85.9 million to Alfa-Bank.  A delegation of Russian lobbyists intends to encourage US investors to invest in small-scale construction and timber in exchange for help in entering the Russian market.  Sberbank has acquired a 'golden share' in the search engine Yandex.  Moscow ranks 67th out of 75 world financial centers, just below Manila, Prague and Lisbon, according to a new report.  Bloomberg examines the ...

Company News for September 22, 2009 – Corporate Summary

Zacks Market Commentaries (September 22nd, 2009) Writes:

• This morning’s reports say the Government of Singapore Investment Corp has reduced its stake in Citigroup (NYSE:C) to less than 5% through open market sales

• The CEO of Cadbury (NYSE:CBY) noted "complementary elements" of Kraft (NYSE:KFT) and Cadbury, but said he would still advise rejecting the deal at the current $16 billion bid

• Oracle's (NASDAQ:ORCL) CEO noted dangers of the European regulatory delay of its proposed $7 billion acquisition of Sun Microsystems (NASDAQ:JAVA), saying Sun Micro is currently losing about $100 million a month

• AMR (NYSE:AMR) announced a 30 million common and $250 million convertible senior notes offering

• Louisiana-Pacific (NYSE:LPX) said it is planning a public offering of 18 million shares of its common stock

• TJX (NYSE:TJX) said its board approved a $1 billion share buyback, reflecting 6.2% of the company's outstanding shares

• Microsoft's (NASDAQ:MSFT) Bing search engine managed to grab more share from Google (NASDAQ:GOOG), reaching 9.3% of

...

‘New Reality’ for Newspaper Publishers Forces Search for New Revenue Streams to Tap Into

Contrarian Profits (September 21st, 2009) Writes:

As traditional print media continues its steep declines in advertising sales and circulation, publishers are struggling to come up with new and creative ways to generate revenue.

Ad revenues in the newspaper industry plunged 16.7% last year to $37.8 million r, according to the Newspaper Association of America (NAA). The 2009 take is estimated to fall another 17.3% to $31.6 billion according to Alan Mutter, a Silicon Valley executive who once lead the newsrooms of the Chicago Sun-Times and San Francisco Chronicle and now writes a blog titled “Reflections of a Newsosaur.”

Mutter’s estimate would put ad revenues at their lowest levels since 1965, when the industry took in $4.42 billion, or $30.22 billion when adjusted for inflation, the Columbia Journalism Review (CJR) reported.

While the worst economic downturn since World War II has eviscerated the fortunes of print media companies like The New York Times Co. (NYSE:

...
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Executive who led Google’s China expansion leaving

stock-pr (September 4th, 2009) Writes:

The executive who led Google Inc.’s expansion in China after being hired away from Microsoft Corp. following a high-profile court battle is leaving to start his own business, the U.S. search engine announced Friday.

Kai-Fu Lee will step down as president of Google Greater China in mid-September, the company said. It said he would set up a new venture in Beijing but gave no other details.

Lee was hired by Google in 2004 and oversaw development of services meant to help the search giant expand its share of China’s search market, which is dominated by local rival Baidu Inc.

Google has added market share but trails Baidu, which has 61.6 percent of search traffic, while Google has 29.1 percent, according to Analysys International, a technology research firm.

Google said Boon-Lock Yeo, director of its Shanghai engineering office, would take over Lee’s engineering responsibilities. John Liu, who leads its Greater China sales team, is to

...

DrStockPick.com Stock Report! 8/31/09, CAV, CSR, IMAX, SMHG, IFUS, SCOR

Dr. Stock Pick (August 31st, 2009) Writes:

DrStockPick.com Stock Report!

Monday August 31, 2009

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Cavalier Homes, Inc. (NYSE Amex: CAV) today announced that the Federal Trade Commission has completed its investigation regarding the proposed merger of the Company with Southern Energy Homes, Inc. The closing of the merger is scheduled to take place on September 1, 2009. Accordingly, it is expected that Cavalier’s shares will cease trading on the NYSE Amex market at the close of business Tuesday.

Imperial Capital announced today the closing of a $25.35 million common stock offering for China Security & Surveillance Technology, Inc. (NYSE: CSR), a leading provider of digital surveillance technology in the

...

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