US telecom giant AT&T (T) has reportedly expanded its portfolio of premium cloud-based solutions with an innovative cloud computing service that delivers on-demand computing through a self-service approach over the company’s reliable and highly secured network cloud platform. The service called “AT&T Synaptic Compute as a Service" will offer businesses of all sizes on-demand access to computing resources based on their requirements.  Customers can use the service to quickly address immediate demands for variable computing processing power and increase capacity according to their business needs. The service will be officially launched in the US during fourth-quarter 2009 and will be expanded across select international markets in due course.  Cloud computing is a process of computing where tasks are assigned to a combination of connections, software and services (jointly forming the “Cloud") which can be accessed over a network. Cloud computing is gradually gaining momentum as industry ...

In my previous post on the Allied-Ares merger arbitrage opportunity, I introduced a topic which I realized I’ve never quite talked about here on The Curious Investor. As I intend this blog for both beginning investors and seasoned investors alike, here’s a run down on the concept of merger arbitrage.

What is arbitrage? Rigorously speaking, arbitrage is the practice of taking advantage of a price differential between two markets which allows the arbitrageur, or person taking advantage of the arbitrage, to obtain a risk-less profit.

Technically speaking, an arbitrage refers to a situation where the same asset sells for a different price in two markets. For example, a textbook in the UK selling for $20 and a textbook in the USA selling for $100. The arbitrageur would buy the UK textbook and simultaneously sell the USA textbook and pocket the $80 difference.

...

eDoorways Corp. today announced that it has been scheduled to present at ISTEC’s (Ibero-American Science and Technology Education Center) 17th annual General Assembly, held the week of October 26 – 30, 2009, on the Campus of the University of New Mexico (UNM) in Albuquerque, NM — USA. The theme for this year’s General Assembly is, “Using Technology to enable Collaboration, and Collaboration to Advance Science and Technology.”

Gary Kimmons, Chairman & CEO of eDoorways Corporation, stated, “This is one of those rare opportunities. Where a growing company like eDoorways has the chance to get on the ‘big stage’ in front of groups like Sun Microsystems, Hewlett Packard, National Instruments, Institute of Electrical and Electronics Engineers, Charles Darwin Research Station and the World Bank, all members of ISTEC, mainly because we’ve been recognized for the possibilities we bring to society through our

...

Advanced Visual Systems Inc. develops and distributes software products that are used in multiple sectors of the business and technical industries to present various forms of data in easily understandable graphic representations. Offering a complete line of software products and consulting services, the company is widely recognized as the data visualization industry leader, boasting over 2,500 international customers.

The company has distinguished itself from other companies in the fast-growing data visualization and analytic fields through its comprehensive range of software offerings and sixteen years of product innovation. Together, these competitive advantages have enabled AVS to capitalize on a growing marketplace for graphics-based analytic technology.

Advanced Visual Systems’ premiere products include OpenViz, a data visualization engine designed to provide interactive visual analysis to business applications; AVS/Express, a software development system designed for programmers as well as individual end-users; Toolmaster, a comprehensive graphics library that is used to create charts and graphs;

...

• 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

...

In a filing with the Securities and Exchange Commission yesterday, International Business Machines (IBM) reiterated its fiscal 2009 profit outlook of at least $9.70 per share. Management also said that IBM was well on course to deliver earnings of $10 to $11 per share in 2010.

With significant operating leverage, the company expects to continue expanding margins, helped by about $3.5 billion of savings from cost-cutting initiatives in 2009.

Shares of the company rose in early trading hours to $118.18 after closing at $117.46 on Friday on the New York Stock Exchange.

IBM expects to release third-quarter results on Oct. 15. The Zacks Consensus Estimate is pegged at $2.38 a share for the quarter and $9.77 for the full year, exceeding the company’s guidance of $9.70. Zacks estimates assume approximately 13.6% earnings growth and 2.1% sales growth.

IBM is the leader in the Software, Services and Storage business.

...

Several patents previously held by Microsoft (MSFT) are expected to change hands. Microsoft acquired the patents from Silicon Graphics and subsequently sold them to Allied Security Trust (AST) at a private auction. AST is expected to resell the patents to Open Invention Network (OIN). The patents purportedly relate to Linux open source technology, which is the reason for the interest in them.

OIN consists of member companies such as RedHat (RHAT), International Business Machines (IBM), Phillips and Novell (NOVL), which use open source technology in their products. OIM licenses the patents but typically does not resell them.

AST is in the business of acquiring patents from owners, licensing the technology back to them and ultimately selling off the patents. The member firms include big names in the technology space, such as Motorola (MOT), Cisco Systems (CSCO), Sun Microsystems (JAVA), Hewlett Packard Co.

...

Companies featured in this edition of the newsletter: CVM, ICLK, IMUC, ITUI, IWEB, MBCI, NXOI, OMCM, ONEZ, PHC, SRCO, SVUL, XCR

Markets closed moderately higher yet again this week, as mostly better than expected economic data helped stave off profit taking to leave most indices in positive territory on the week. All told, the Dow ended the week up 0.4%, closing at 9544, up 38 points, bringing its YTD gains to 8.7%. The Nasdaq also gained 0.4% on the week to close at 2028, bringing its yearly gains to 28.6%, while the S&P 500 gained 0.3% and the Russell 2000 lost 0.3%, bringing their yearly gains to 13.9% and 16.1% respectively.

Economic news was in focus yet again this week in the absence of any market driving earnings data, as new home sales for July rose at 9.6%, posting its strongest gains since 2005. This positive development coupled with

...

Companies featured in this edition of the newsletter: CVM, ICLK, IMUC, ITUI, IWEB, MBCI, NXOI, OMCM, ONEZ, PHC, SRCO, SVUL, XCR

Markets closed moderately higher yet again this week, as mostly better than expected economic data helped stave off profit taking to leave most indices in positive territory on the week. All told, the Dow ended the week up 0.4%, closing at 9544, up 38 points, bringing its YTD gains to 8.7%. The Nasdaq also gained 0.4% on the week to close at 2028, bringing its yearly gains to 28.6%, while the S&P 500 gained 0.3% and the Russell 2000 lost 0.3%, bringing their yearly gains to 13.9% and 16.1% respectively.

Economic news was in focus yet again this week in the absence of any market driving earnings data, as new home sales for July rose at 9.6%, posting its strongest gains since 2005. This positive development coupled with

...

 

PennyOmega.com Hot Stock News & Alerts!

________________________________________

FREE Daily Stock Alerts From PennyOmega.com

________________________________________

 

Monday August 31, 2009

PennyOmega.com Stock Report!

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

NewMarket Technology, Inc. Announces Audited Financials Filed With SEC Reporting $95 Million in 2008 Revenue and $43 Million in Profitable Revenue First Six Months 2009

- Strategic Update Webcast Tomorrow to Include Company Plans for Upgraded Listing -

DALLAS, TX–(CRWENEWSWIRE - 08/31/09) - NewMarket Technology, Inc. (Pinksheets:NWMT) is a

...