Tyco International Ltd. (TYC) reported fourth-quarter earnings per share from continuing operations of 61 cents. This was higher than the Zacks Consensus Estimate of 54 cents per share.   Quarterly Revenues of $4.4 billion declined 16% versus the prior year with an organic revenue decline of 12%. For the largest operating segment, ADT Worldwide, revenues of $1.8 billion declined 9% in the quarter with an organic revenue decline of 5% and a 4% decline due to changes in foreign currency. ADT's recurring revenues grew 4% organically on a global basis. Systems installation and service revenue declined 14% organically, mostly due to weakness in North America and Europe, as a result of continuing lower sales to commercial customers, including the retailer end market.

For Flow Control, revenues of $1 billion declined 15% in the quarter with an organic revenue decline of 10%. Organic revenues declined 7% in the Valves business, 17%

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Wednesday October 28, 2009

DrStockPick.com Stock Report!

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Cavitation Technologies, Inc. (OTC Bulletin Board: CVAT) has signed Miura Engineering Co., Ltd. Tokyo, Japan (www.miura21.co.jp) as its new agent to serve markets in Japan for CTI’s Nano-Cavitation Process Systems. Miura is a leading Engineering Company specialized in Edible Oil Processing Plants in the Far East.

Dreams, Inc. (NYSE Amex:DRJ), the vertically integrated leader in the licensed sports products industry, announced a new web syndication deal with one of the nation’s highest circulation newspapers–the Minneapolis Star-Tribune.

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API Nanotronics Corp., a prime contractor for secure communications and electronic components to the global defense and aerospace industry announced operating results for the first quarter of fiscal 2010 ended August 31, 2009.

Financial Highlights:

– Net revenue for the first quarter of fiscal 2010 was $9.2 million, a 16% increase over fiscal 2009 first quarter revenue of $7.9 million. This revenue includes the contribution from Cryptek as at the date of the acquisition on July 07, 2009;

– First quarter Gross Profit increased to $2.3 million in the first quarter of fiscal 2010 compared to $2.1 million in the first quarter of fiscal 2009. Gross Margins in the company’s electronic component and sub-system product lines improved by 4% to 30.3% on a year-over-year basis due to rationalization and efficiency efforts undertaken during fiscal 2009;

– GAAP net loss for the quarter was $0.8 million or $0.02 per share, compared to a loss of

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DrStockPick.com Stock Report!

Thursday September 10, 2009

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Concurrent (Nasdaq: CCUR), a worldwide leader in video and media data and advertising solutions, is announcing the international extension of its three-screen strategy to bring open, commercial and intelligent video solutions to television, personal computers and mobile devices. First announced in the U.S. in March 2009, Concurrent’s strategy now leverages the company’s technological expertise to enable its customers to deliver, monetize and drive the future of video around the globe.

Diguang International Development Co., Ltd. (OTC Bulletin Board: DGNG) today announced that Shenzhen Diguang Electronics Co., Ltd. (”Diguang”) was selected as a member of the Standard

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For Immediate Release

Chicago, IL – August 28, 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: General Electric (GE), JPMorgan Chase & Co. (JPM), United Technologies Corp. (UTX), Tyco International (TYC) and Precision Castparts Corp. (PCP).

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 Thursday’s Analyst Blog:

GE to Sell Security Business

General Electric (GE) is arranging to sell its security business, which makes alarms, surveillance systems and other safety products, and hopes to attract bids in the range of $2 billion for the unit. This move represents GE’s strategy

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General Electric (GE) is arranging to sell its security business, which makes alarms, surveillance systems and other safety products, and hopes to attract bids in the range of $2 billion for the unit. This move represents GE’s strategy of exiting from non-core businesses. GE has hired JPMorgan Chase & Co. (JPM) to sell the portion of its business that makes security products. The business has drawn interest from GE’s rivals United Technologies Corp. (UTX) and Tyco International (TYC). Security assets have traditionally attracted private equity buyers, but due to the difficult economic environment and an expressed interest by GE in selling these assets to a strategic buyer, bid amounts could be depressed for such a product portfolio. It remains in question whether acquirers will be interested in GE Security’s full portfolio of products, or only bits and pieces of the business. General ...

DrStockPick.com Stock Report!

Thursday August 20, 2009

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Benihana Inc. (NASDAQ: BNHNA; BNHN), operator of the nation’s largest chain of Japanese theme and sushi restaurants, today formally announced its Benihana Teppanyaki Renewal Program at its 2009 Annual Meeting of Stockholders. The 2009 Annual Meeting of Stockholders was held at the Marriott Doral Golf Resort and Spa, 4400 NW 87th Avenue, Miami, Florida 33178 at 10:00 a.m. ET this morning.

Johnson & Johnson (NYSE: JNJ) generated attention in the options pits on Wednesday, as traders responded to a mixed bag of news surrounding the firm. On the one hand, the Food & Drug Administration (FDA) issued a warning letter regarding JNJ’s antibiotic

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Today, Websense, Inc. announced that Frost & Sullivan, a leading research and consulting firm, has recognized the company with two prestigious awards for product innovation and marketing leadership. Additionally, the analyst firm reports that Websense has grown continually year after year, and that it held more than 26 percent of the $2.7 billion global content filtering market in 2008.

Frost & Sullivan recognized Websense for developing security products that address the unique security challenges posed by today’s feature-rich Web sites, such as Web 2.0 sites and applications. Websense received the North American Product Innovation of the Year Award for Web Content Management for its innovative Web security products, in particular the Websense® Web Security Gateway.

Yin Fern Ko, research analyst at Frost & Sullivan, commented, “One of the important features of Websense Web Security Gateway is its ability to identify and prevent dynamic threats associated with Web 2.0 sites and applications by

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DrStockPick.com Stock Report!

Tuesday August 4, 2009

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Comcast Corporation (Nasdaq: CMCSA, CMCSK) the nation’s leading provider of entertainment, information and communications, today announced new technologies to bring together the company’s digital cable, high-speed Internet and digital voice offerings with the launch of Universal Caller ID(TM) and a mobile application for the iPhone(TM) or iPod touch(R).

SpongeTech(R) Delivery Systems, Inc. (”SpongeTech(R) “) “The Smarter Sponge(TM)”, (OTCBB: SPNG), today announces that the Company’s product line will be available in 120 Sears retail locations in Canada under the “As Seen On TV” product line this Fall. The stores will carry SpongeTech(R)’s innovative reusable cleaning products including SpongeBob Soap-Filled Bath Sponge, Puddle Pals, Car Wash

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PennyOmega.com Short Highlights Before the Bell!

PennyOmega.com Short Highlights Before The Bell!

PennyOmega.com Stocks Upgraded, Downgraded and Short Highlights Before the Bell Wednesday July 22, 2009

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Today ZipRealty (NASDAQ: ZIPR) (www.ZipRealty.com), the nation’s ninth largest real estate brokerage, announced a new mortgage feature, provided by Bank of America Home Loans, that will help streamline the home buying process for today’s busy home shopper.

Illinois Tool Works Inc. (NYSE: ITW) today reported diluted income per share from continuing operations of $0.36 in the 2009 second quarter as cumulative restructuring activities helped drive income and operating margins to significantly higher levels versus the 2009 first quarter. In the 2009 second quarter, operating income

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