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Monday October 12, 2009

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YRC Worldwide Inc. (Nasdaq: YRCW) today announced that it has finalized amendments of its credit facilities that extend to October 30, 2009 certain provisions under the previous amendments. Specifically, the amendments extend the expiration of the revolver reserve amount, the suspension of the minimum liquidity covenant, and the due date for the asset-backed securitization commitment fee of $10 million.

Arrow Enterprise Computing Solutions, a business segment of Arrow Electronics Inc. [NYSE: ARW], has received the Oracle PartnerNetwork

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Tuesday August 25, 2009

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EA Mobile(TM), a division of Electronic Arts Inc. (NASDAQ:ERTS), today announced four new titles available on the App StoreSM: CLUE, THE GAME OF LIFE, SNOOD(R), and the epic sci-fi fantasy Mass Effect Galaxy(TM). EA Mobile continues to create a variety of high-quality titles giving players the option to choose from a wide array of games that can be enjoyed on the iPhone(TM) and iPod(R) touch.

IBM (NYSE: IBM) today announced that Nomura Services India Private Limited - a subsidiary of the leading financial services group, Nomura - will implement IBM’s end-to-end business continuity and resiliency services to bolster its business continuity, disaster and

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 Tuesday August 25, 2009

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Fiserv, Inc. (NASDAQ: FISV), the leading global provider of financial services technology solutions, today announced that Walmart (NYSE: WMT) has implemented the CheckFreePayTM service from Fiserv, enabling customers to pay bills in person at all Walmart locations in the United States. Using the CheckFreePay service, customers can pay household bills, such as their utility, mobile phone, auto loan, insurance and credit card bills, at any one of the retailer’s 3,755 domestic locations, including Walmart SuperCenters and Neighborhood Markets.

China Advanced Construction Materials Group, Inc. (OTC Bulletin

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Tuesday August 18, 2009

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Option trading was heavy on Microchip Technology (NASDAQ: MCHP) yesterday, as more than 144,500 contracts crossed the tape. This surge in volume was more than 36 times the equity’s average daily trading volume of 3,959 contracts, according to data from WhatsTrading.com. Furthermore, roughly 99% of the volume changed hands on the call side.

Today, Walmart (NYSE: WMT), TransFair USA, SEBRAE-Minas Gerais and the U.S. Agency for International Development (USAID) announced that a new Fair Trade Certified coffee from Brazil will be sold to Sam’s Club members across the country. The two new Fair Trade Certified(TM) Member’s Mark coffee options will be available

Despite the mis-informed opinions that flow from some on Wall Street, China is becoming less and less dependent on exports to the U.S. More demand for products is coming from China itself.

Recent shipping container points to this change. A year ago there were only 56 tons of Chinese imports for every 100 tons of Chinese exports. One year later, this figure has grown to 80 tons of Chinese imports for every 100 tons of Chinese exports. This is a dramatic change for just one year.

Retail sales also support the idea that the Chinese consumer is beginning to spend. For the first half of 2009, overall retail sales in China rose by 15% – a figure that American retailers would love to have. The rise in retail sales is due in part to massive spending by one segment of the population – women under the age of 35.

This trend looks likely

MediaNet Group Technologies Inc., through its BSP rewards division, has developed the largest online mall and affinity program platform. The company generates product purchases from over 1,000 participating mall merchants, including the nation’s largest retailers, as well as from gift cards and a large discount catalog. Some of the participating retailers include: Walmart, Target, Sears, Best Buy and Macy’s.

MediaNet Group Technologies recently announced that it has entered into a definite merger agreement with CG Holdings Ltd., a privately-held, European-based holding company for the DubLi companies. DubLi is a worldwide online trading firm composed of two very unique and individual business models: DubLi.com – a reverse auction portal for high end branded merchandise such as Rolex, Gucci, Apple and Nintendo, and DubLi Network – a business opportunity where consumers can establish their own business in a competitive market.

The merger was agreed to after a partnership between the two companies began several

• Walmart (NYSE:WMT) reported second-quarter earnings of 88 cents per share, three cents above Zacks estimates, and ahead of 86 cents a year ago.  Revenues of about $100 billion compared with Zacks estimates of $102.5 billion.  The company also said it expects third quarter earnings of 78 cents to 82 cents a share, with comparable sales through October 30 of flat to up 2% at Walmart stores and flat-to-up 1% at Sams Club stores. For the year the company expects to earn $3.50 to $3.60 a share

• Kohl's (NYSE:KSS) reported second quarter results of 75 cents a share, one cent higher than expected, on revenues of $3.8 billion, which was in line with Zacks estimates

• Nokia (NYSE:NOK) was removed from Goldman Sachs' (NYSE:GS) Conviction Buy list, with its rating lowered to "hold" from "buy," due to the analyst's belief its 55% market share at the mid-end of the smartphone range

Stocks swung back into action Wednesday after a two-day retreat as the U.S. Federal Reserve’s optimistic comments at the end of a two-day meeting re-energized investors and bolstered hopes that the recession is finally easing.  The Central Bank’s observation that the economy appears to be “leveling out" was optimistic but its subdued outlook on unemployment and inflation took some sheen off that optimism.  The Fed also announced plans to slow the pace of its program to purchase $300 billion worth of Treasury bonds, adding the full amount will be bought by October.

The 30-stock Dow Jones industrial average finished 120 points, or 1.3%, higher.  The broad S&P 500 index rose 11 points, or 1.1%. The tech-heavy NASDAQ composite advanced 29 points, or 1.5%.  On the New York Stock Exchange 1.23 billion shares exchanged hands and advancing stocks outpaced those that fell five-to-two.

Stocks seesawed after the Fed’s announcement, with

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Monday August 10, 2009

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Bowne & Co., Inc. (NYSE: BNE), a global leader in shareholder and marketing communications services, today announced that Standard & Poor’s Ratings Service affirmed its ‘B’ corporate credit rating and revised the rating outlook to positive.

Allos Therapeutics, Inc. (Nasdaq: ALTH) announced today that the Company has received notification from the U.S. Food and Drug Administration’s (FDA) that the Oncologic Drugs Advisory Committee (ODAC) will hold a meeting on September 2, 2009, to review the Company’s New Drug Application (NDA) for pralatrexate for the treatment of patients with relapsed or refractory peripheral T-cell lymphoma (PTCL).

Astea International Inc. (Nasdaq:

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Tuesday August 4, 2009

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Micromet, Inc. (Nasdaq: MITI), a biopharmaceutical company developing novel, proprietary antibodies for the treatment of cancer, inflammation and autoimmune diseases, today announced the closing of its previously announced public offering of 14,000,000 shares of common stock. Micromet also announced that the underwriters for the offering have exercised in full their over-allotment option to purchase an additional 2,100,000 shares, bringing the total shares sold to 16,100,000 at a price of $5.00 per share for gross proceeds of $80.5 million. The Company received net proceeds of approximately $75.0 million, after deducting underwriting discounts and estimated offering expenses.

The Board of Directors of