Motorola Inc. (MOT) today declared financial results for the third quarter 2009. Quarterly net income from continuing operations was $12 million or 1 cent per share, compared to a net loss of $397 million or 18 cents per share in the prior quarter. Third quarter adjusted (excluding special items) EPS was 2 cents, easily beating the Zacks Consensus Estimate of a break-even quarter. Improvement in net income was primarily due to the huge reduction in operating expenditure. Quarterly total revenue was $5,453 million, down 27.1% year-over-year and also below the Zacks Consensus Estimates of $5,564 million. Gross margin in the third quarter was 33.2% compared to 24.1% in the prior-year quarter and 31.1% in the previous quarter. Quarterly operating expenditure was $1.68 billion compared to a massive $2.26 billion in the year-ago quarter. A huge restructuring initiative taken by the company resulted in  an approximate ...

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Wednesday August 26, 2009

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Progress DataDirect (www.datadirect.com), the data infrastructure division of Progress Software Corporation (NASDAQ: PRGS) and provider of premium, vendor-independent data access and integration technologies for all major data sources has announced it will be hosting a series of free workshops to help system architects, software programmers and IT professionals interested in data access and data integration best practices.

Gulfstream Aerospace recently recognized Qwest Communications (NYSE: Q) as a top-performing supplier for its design and delivery of an integrated voice and data wide area network (WAN) connecting the aerospace company’s locations in the United States and internationally.

IMS Health (NYSE:

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Wednesday August 26, 2009

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Progress DataDirect (www.datadirect.com), the data infrastructure division of Progress Software Corporation (NASDAQ: PRGS) and provider of premium, vendor-independent data access and integration technologies for all major data sources has announced it will be hosting a series of free workshops to help system architects, software programmers and IT professionals interested in data access and data integration best practices.

Gulfstream Aerospace recently recognized Qwest Communications (NYSE: Q) as a top-performing supplier for its design and delivery of an integrated voice and data wide area network (WAN) connecting the aerospace company’s locations in the United States and internationally.

IMS Health (NYSE: RX),

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Tuesday August 25, 2009

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ANADIGICS, Inc. (NASDAQ: ANAD) today announced that the Company’s HELP3(TM) power amplifier (PA) modules are being used by Intermec Technologies Corporation for the Wireless Wide-Area Network (WAN) Flexible Network(TM) Radio in its new CN50 mobile computer. The Intermec CN50 is the industry’s most advanced rugged mobile computer, which includes 3.75G wireless wide-area network capability that supports both voice and high-speed data exchange.

The Tootie Pie Company, Inc. (OTCBB: TOOT), a premium baker and seller of high-quality, handmade pies, is pleased to announce its pies are now being carried by the SYSCO Longview, Texas operating company. Tootie Pies are currently stocked

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Tuesday August 18, 2009

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Kender Energy Inc. (PINKSHEETS: KNDR) is pleased to announce that it has completed its phase 1 testing on its solar power engine. The initial phase was completed recently and the principles and theory behind the Kender Solar Power Engine were successfully demonstrated. “The phase 1 testing proves the Kender Solar Power engine principle, which is to have the ability to generate mechanical energy from an input combination of electrical energy added to an air temperature differential, for a higher mechanical energy output than the initial electrical energy input,” said CEO Sean Kelly. These tests are very encouraging for the future of

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Thursday July 30, 2009

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Digital Angel (NASDAQ:DIGA), an advanced technology company in the field of animal identification and emergency identification solutions, announced today that it plans to issue its second quarter 2009 financial results for the period ended June 30, 2009, on Thursday, August 6, 2009, at approximately 8:00 a.m. ET. The Company will hold a conference call to discuss the results at 10:00 a.m. ET that same day. Interested participants should call (866) 393-5807 within the United States and Canada, or (706) 679-2276 internationally. Please use passcode 22213711.

Intermec (NYSE:IN) today announced that the CN50 rugged mobile computer, equipped with Qualcomm technology, is now shipping to customers worldwide.

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Sprint Nextel (S), the third-largest telecom carrier in the U.S., has reportedly sealed an agreement to provide its comprehensive suite of wireless and wireline services to Pinnacle Airlines Inc, a subsidiary of Memphis-based Pinnacle Airlines (PNCL). Pinnacle Airlines, which operates around 141 regional jets in North and Central America and the Caribbean, is one of the largest regional carriers.

Although terms of the deal were not disclosed, Sprint will offer a broad range of voice and data services, including mobile integration and international long-distance, mobile broadband, wireless WAN (Wide Area Network) and land mobile radio. The company will also provide more than 1,100 devices to facilitate smooth delivery of these integrated services.

The Pinnacle deal is expected to yield a substantial revenue stream for Sprint’s converged (wireless and wireline) business solutions. The company will leverage its newly established Business Markets Group (BMG) operating unit to offer these

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Through the 90’s, Cisco Systems [CSCO: 18.91, -0.12 (-0.63%)] was known as one of the “4 Horsemen of IT” and was even the largest company by market cap ($500 B) at the peak of the tech bubble in early 2000.   The web is the driver of all information worldwide over the past two decades, thus all recent tech trends revolve around the internet: mobilization, cloud computing, virtualization, social networking and much more.  Consequently enough, Cisco is the dominant provider of the networking gear that runs the internet.  More specifially, Cisco’s bread and butter has been the ethernet switches and overall routers markets with approximately 70% and 50% of the market share, respectively.  To sustain revenue growth, companies like CSCO must adapt to tech trends and enter new markets outside of its core business.

Breaking Ties

On March 16th, CSCO unveiled its two-year secret project: the

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Headquartered in Oakland, California, Zhone Technologies Inc. is a provider of advanced telecommunications equipment. They offer their customers a wide variety of access and transport networking solutions. These solutions enable services such as residential and commercial broadband, VoIP, IPTV, and Ethernet. Trading on the NASDAQ Global Market, Zhone Technologies has over 700 customers on six continents. Senior executives of Ascend Communications founded Zhone Technologies Inc. in 1999 and the Company incorporated in Delaware in June of that year.

Zhone Technologies’ converged access platform improves network capabilities and reduces costs. Their platform allows operators to deploy premium services quickly on their existing copper and fiber infrastructure. It also provides operators a smooth path to an all Internet Protocol (IP) network. The Company achieves this with their MALC Broadband Loop Carrier. The MALC delivers voice, data, and video services over a pure packet access network. The MALC also gives carriers the flexibility to

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Blue Coat Systems, Inc. (BCSI), a provider of WAN optimization applications, reported first quarter results this afternoon after the bell. Revenues rose to $102.5 million, a 64% increase compared to $62.4 million for the same period in the prior year. Excluding three weeks of revenue from the Packeteer acquisition finalized on June 6, 2008, revenues were $86.4 million, an organic growth rate of 38%. Excluding several one-time items and compensation expense, non-GAAP net income was $6.8 million, or 16 cents per share. On a GAAP basis, the company reported a net loss of $5.8 million, or 15 cents per share. Analysts expected adjusted earnings of 16 cents on $102.2 million in revenues.

“Now that we have completed the acquisition of Packeteer we are focusing on integrating the two companies into a single organization and reaping the cost, management, technology, and market synergies,” said Brian NeSmith, president

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