Harman International Industries Incorporated (HAR) is seeing significant growth opportunities in Asian markets, particularly China and India. President, Chairman and CEO Dinesh C Paliwal recently stated that the company expects its earnings from China to exceed $1 billion over the next five years. Revenue from India is expected to reach $250 million during the same time period.  Management also announced the opening of a new R&D center in the Huang Pu commercial district of Shanghai yesterday, which is expected to complement its existing manufacturing facilities in Suzhou and Shenzhen. We think this is an effective way of reducing costs, as R&D engineers typically command higher pay than manufacturing personnel. The company’s current workforce in China is approximately 1000.  Simultaneously, the company launched its latest generation, scalable automotive infotainment system, which has been designed over the past year in Asia, Europe and the US. The product will ...

Yahoo! (YHOO) CEO Carol Bartz is bent on refocusing the business, improving its image and bringing in some cash. Management has taken a number of actions to position the company for achievement of these objectives. The first was the disposal of non-core assets and acquisition of small-business targets that could help it augment its new business focus. To this end, the company has disposed off its 39% stake in China ’s largest e-commerce company, Alibaba.com, for $150 million. It has also put up for sale the Yahoo Small Business assets. Rumor has it that the company expects $350-500 million for the business, which has been the main hurdle so far. Renewed talk indicates that the sale could be completed soon. The small business division provides domains, email, Web hosting and other merchant services to customers. The company has made a couple of acquisitions this year. ...

RightNow Technologies Inc. (RNOW) recently agreed to buy enterprise-class social platform provider HiveLive Inc. The acquisition will combine RightNow’s on-demand customer relationship management (CRM) solution with HiveLive’s innovative platform for customer support, engagement and loyalty, and ideation communities to help organizations maximize every opportunity to deliver great customer experiences.

The deal will help RightNow to deliver the broadest social CRM solution in the marketplace. The HiveLive platform will be immediately available after close of the acquisition.

Online communities and social networking sites are becoming a critical source of information when consumers make purchase decisions or seek service and support. Most organizations strive not only to participate in social conversations, but to integrate those conversations into internal business processes and tap them for design ideas.

The HiveLive platform complements RightNow Cloud Monitor by empowering organizations not only to monitor the social web but actually facilitate their own communities. HiveLive

...

PennyOmega.com Stock Report!

PennyOmega.com Hot Stock News & Alerts!

 

Wednesday August 26, 2009

PennyOmega.com Stock Report!

**************************************************************

Visa Inc. (NYSE: V) today announced the appointment of Oliver Jenkyn as Visa Inc.’s Global Head of Strategy and Corporate Development. In this role, Jenkyn is responsible for developing and managing the company’s corporate strategy across the 170 countries where Visa Inc. does business. Jenkyn succeeds Rupert Keeley, following Keeley’s recent appointment to Group President of Visa’s Asia Pacific and CEMEA regions. Jenkyn reports to Joe Saunders, Chairman and CEO of Visa Inc, and is a member of the company’s Operating Committee.

Danaher Corporation (NYSE: DHR) announced that President and Chief Executive Officer, H. Lawrence Culp, Jr. will be presenting

...

Alkane, Inc. “Alkane” (PINK SHEETS: ALKN) announced today that its flagship product, alternative diesel fuel additive, Monster DieselTM, is “going digital”, launching an entirely renovated interactive Web site and signing on with social media tools Twitter, Facebook, and MySpace.

The newly launched MonsterDiesel.com enables users to quickly and easily purchase products online, while the social networking sites will be utilized as a means to invite conversation on the company’s ongoing alternative energy product innovations.

When asked why a company which produces an alternative diesel fuel additive is becoming so involved with interactive and social networking utilities, CEO and President, Mathew Zuckerman, Ph.D. said, “New energy is a topic that needs to be on everyone’s radar. We have created a platform for users to learn more about the future of energy, and discuss it openly.”

With Monster DieselTM announcing new product innovations all the time, the company is surely one to follow.

...

The UpTurn Inc. is developing an innovative online real estate matchmaking exchange and social networking site where real estate market participants are matched with each other, based on their individual profiles and intended roles in the market. The company’s site serves would-be buyers and sellers, real estate professionals, and others.

The UpTurn was started by M.I.T. Sloan Business School graduate Jeff Eckman. Mr. Eckman founded Blue Green Ventures in 2008 after 15 years of experience in the technology, media, and healthcare industries. This groundbreaking venture – The UpTurn – has established a Web 2.0 real estate business model. The company is moving to become a key player in this rapidly growing industry, which has been in part fueled by the housing crisis.

The UpTurn does face competition in this rapidly-growing sector. However, the company’s competitors do not offer the match component of social networking that

...

The UpTurn, Inc. is probably not a company you’ve heard of as frequently as Twitter, and that’s a good thing. It just recently became a publicly traded stock, and is already being compared to MySpace, Facebook, and other highly successful social networking sites.

The company’s founder, Jeff Eckman, a graduate of MIT’s Sloane Business School, is looking to put together what could also be described as the next eBay. TheUpturn.com will bring together a huge number of buyers, sellers, and everyone in between. It will represent a sophisticated amalgam of social networking and marketplace technology, all dedicated to the biggest single market in the country, real estate.

UpTurn, which has yet to go live although elements are being tested in a private beta release, is being designed to match buyers with sellers, and renters with landlords, in addition to providing a host of

...

United Online, Inc. (...

Back in the 1960s, about the time Bob Dylan was singing “For the times they are a-changin”, things were indeed changing. Ironically, one of the biggest changes taking shape was something that neither Dylan nor almost anybody else was aware of.

That change began in California, when Robert Taylor, the head of the information processing office at the Defense Department’s Advanced Research Projects Agency (DARPA), began working on an interconnected networking system, an idea encouraged by J.C.R. Licklider, the head of DARPA. Licklider had been frustrated of having to use three separate dedicated terminals, each with its own set of commands, to communicate with three different technical groups he was working with around the country. Late in the evening of October 29, 1969, the first link of that new network was established between UCLA and the Stanford Research Institute. The network soon grew

...

There are signs of both a potential market recovery (the beginning of a larger bull rally), and signs that this recent 20%+ run-up was nothing more than a bear market rally.

The good news is that there will be plenty of opportunities going forward, regardless of which of the above scenarios plays out.

Bull Market Rally Scenario

The move that we have recently seen, i.e., 24.82% in the Dow Jones Industrial Average ($DJI), 26.82% in the S&P 500 (SPX), and 28.26% in the Nasdaq (COMP), from the lows made in early March to the highs made just 4 weeks later, suggests a larger move could be in store.

For one, it's generally believed that a 20% rise

...