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Monday August 31, 2009

PennyOmega.com Stock Report!

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The Lockheed Martin (NYSE: LMT) -led Next Generation Identification (NGI) team has successfully completed Critical Design Review (CDR) for the system’s fingerprint identification capability, clearing the way for further progress on the Federal Bureau of Investigation’s (FBI) new multi-modal, state-of-the-art biometrics system.

Guidance Software Inc. (NASDAQ:GUID), The World Leader in

Weststar Financial Services Corporation (WFSC.OB), a holding company for the Bank of Asheville, North Carolina, has reported record consolidated assets of over $193 million, as of September 30, 2008, a 13% increase over the same date figure for 2007. Total loans grew 21% from a year ago, to over $157 million, with deposits growing 14% to over $166 million. Shareholder equity increased by 9% to $15.8 million.

In addition, asset quality remained strong for Weststar, displaying continued improvement, with the ratio of non-performing loans to total assets decreasing over the past year, further indicating that the bank’s traditionally conservative policies have paid off. All this in spite of Federal Open Market Committee interest rate cut initiatives, and increased operating expenses, causing a compression in the company’s net interest margin, putting pressure on bank earnings. Net income of $349,000 for the third quarter compared to $533,000 thousand for the same quarter 2007.

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