Brightpoint Inc. (CELL) declared solid financial results for the third quarter of 2009. Quarterly total revenue of $867.9 billion was down 26% year-over-year but was an improvement of 21% sequentially. Third quarter revenue of $867.9 million was significantly above the Zacks Consensus Estimate of $748 million. The year-over-year massive decrease in revenue was mainly due to decrease in wireless devices handheld through distribution together with lower ASP. Sequential improvement in revenue was the result of an increase in distribution revenue from the Middle East and Singapore .  On a GAAP basis, net income in the third quarter was $11.2 million or 14 cents per share compared to a net income of $5.5 million or 7 cents per share in the prior-year quarter. Adjusted net income (excluding special items) in the reported quarter was $9.8 million or 12 cents per share, well above the Zacks Consensus Estimate of ...

Dr Stock Pick HOT News & Alerts!

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FREE Daily Stock Alerts From DrStockPick.com

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Friday October 23, 2009

DrStockPick.com Stock Report!

PSFT, AKAM, PWRM, CSRH, ERTS, CVAT, CVS, AQNM, EXC

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AKAM, Akamai Technologies Inc.

AKAM provides services for accelerating and improving the delivery of content and applications over the Internet.

AKAM, the leader in powering video, dynamic transactions and enterprise applications online, announced today that it will host a Financial Analyst Day at The Renaissance Boston Waterfront Hotel in Boston, Massachusetts on Monday, December 7, 2009.

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PSFT, Powersafe Technology Corp., PSFT.PK

Powersafe Technology Corp.’s (Other OTC: PSFT.PK) Subsidiary Amplification Technologies has just patented a revolutionary solution for low-level signal detection: multichannel Discrete Amplification (DA).

DA photodetectors could function in both

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Telus Corp (TU), Canada’s second largest telecom carrier, has reportedly acquired Black’s Photo Corporation (Black’s), a leading imaging and digital retailer in Canada , for C$28 million (US$26 million). For nearly 80 years, Black’s has been a premier distributor of cameras, accessories, albums and printing services that are complementary to Telus’ wireless offerings.  Telus’ wireless devices will feature in Black’s nationwide retail outlets, addressing the growing demand for mobile handsets embedded with high quality photo and video capability. Telus remains the industry leader in offering the broadest assortment of smartphones in Canada. Strong smartphone adoption and the associated increase in data service usage continue to catalyze wireless data revenue growth.  Telus contends with a weakening Canadian economy and domestic competition, which would intensify with the entry of new wireless players (including Globalive Communications and Quebecor Inc) in late 2009 and early 2010. The company continues to ...

Logitech (SIX:LOGN) (NASDAQ:LOGI) introduced two options to help you make a big impact during your next presentation - the Logitech® Professional Presenter R800 and the Logitech® Wireless Presenter R400. With laser pointing, wireless convenience and intuitive slideshow controls that can be found by touch, Logitech’s new presenters give you the confidence to move freely around the room, so that you can focus on delivering a more effective and powerful presentation.

About Logitech Logitech is a world leader in personal peripherals, driving innovation in PC navigation, Internet communications, digital music, home-entertainment control, gaming and wireless devices. Founded in 1981, Logitech International is a Swiss public company listed on the SIX Swiss Exchange (LOGN) and on the Nasdaq Global Select Market (LOGI).

EpiCept Corporation (Nasdaq and OMX Nordic Exchange: EPCT) today announced that it has filed a New Drug Submission (NDS) with Health Canada for Ceplene® (histamine dihydrochloride) for the treatment of acute myeloid

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DrStockPick.com Stock Alert!

Wednesday July 29, 2009

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MU, Micron Technology Inc. together with its subsidiaries, engages in the manufacture and marketing of semiconductor devices worldwide. Micron is one of the world’s leading providers of advanced semiconductor solutions. Micron’s DRAM and Flash components are used in today’s most advanced computing, networking, and communications products, including computers, workstations, servers, cell phones, wireless devices, digital cameras, and gaming systems.

MU, Micron Technology Inc. 52 Week Low was $1.59, and today hits its 52 weeks High so far, $6.47

Electronic Arts Inc. (NASDAQ: ERTS) who today announced that it will web cast its 2009 Annual Meeting of Stockholders on Wednesday, July 29, 2009. During the course of this event, EA may disclose material developments affecting its business and/or financial performance. Listeners may access the meeting via web cast. The webcast will be available on EA’s website at http://investor.ea.com through August 5, 2009.

About Electronic Arts

Electronic Arts Inc. (EA), headquartered in Redwood City, California, is a leading global interactive entertainment software company. Founded in 1982, the Company develops, publishes, and distributes interactive software worldwide for video game systems, personal computers, wireless devices and the Internet. Electronic Arts markets its products under four brand names: EA SPORTSTM, EATM, EA MobileTM and POGOTM. In fiscal 2009, EA posted GAAP net revenue of $4.2 billion and had 31 titles that sold more than one million copies. EA’s homepage and online game site

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Streaming Advertising Patents Part of the Package

SAN DIEGO, June 2 /PRNewswire-FirstCall/ — Single Touch Systems (OTC Bulletin Board: SITO) announces the acquisition of a patent portfolio (the Patent Portfolio). The Patent Portfolio contains multiple patents and patents pending related to mobility, including patents on streaming advertising media to mobile devices. The Patent Portfolio represents a managed media solution for building nationally scalable marketing campaigns for mobile devices across carriers.

With this strategic acquisition, Single Touch Systems, the wireless leader in Abbreviated Dial Codes, has positioned itself in the forefront to provide a first of its kind advertising and redemption system in the wireless industry.

‘Targeted advertising and redemption via wireless devices is a big part of what we do! The addition of these patents to our existing e-commerce related patent filings further strengthens our position in this growing sector,’ said Anthony Macaluso, CEO and President of Single Touch. ‘When you

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Brightpoint Falls Below Revenue Expectations Brightpoint Inc. (CELL), a leading distributor of mobile devices and logistic services to the wireless industry, declared preliminary estimates of its second quarter 2009 financial results. The company’s revenue projection of $722 million - $727 million is significantly below our expectation of $770 million.

We believe the global macro economic slowdown had a major impact on Brightpoint’s operational volume. Management has indicated that the company managed approximately 18 million-19 million mobile devices during the second quarter, which remains almost flat with respect to the previous quarter.

We expected around 22 million of wireless devices during the same quarter prompted by the solid global customer base of the company. Brightpoint has entered into agreements with large telecom carriers and handset makers, such as like Research In Motion (RIMM), HTC Corp, Garmin Ltd (GRMN), ZTE, Nokia (NOK), Verizon Wireless (VZ) and T-Mobile

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The struggling mobile handset developer Motorola Inc. (MOT) has decided to lay off 74 more workers from its mobile phone division. Earlier this year, the company had decided to lay off 3,000 employees in this division.

In spite of continuous business restructuring for the past year, the segment is being seriously challenged by devastating decline in sales volume since the beginning of fiscal 2008. During the first quarter of 2009, the company sold just 14.7 million units, down approximately 46% year-over-year and down 23.4% from previous quarter.

According to industry findings, Motorola now commands approximately 6% global market share for handsets, significantly behind Nokia (38%) (NOK), Samsung (18.8%), and LG (9.2%). None of its new launches products have favorable market traction as its iconic RAZR mobile phones had a few years ago.

Consumer preferences have shifted towards high-end feature-rich wireless PDA devices and smart-phones, which are gaining

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TerreStar Corporation

(Public, NASDAQ:TSTR)

With the recent launching of TerreStar-1, TerraStar Corporation looks to break through and become a leader in the communications industry. AT&T Mobility along with TerreStar Corporation will market a hybrid prototype terrestrial/satellite hand set yet this year. The technology will allow the new hand set to operate on ground-based phone networks. In dead zones, the customer could use the device via satellite if they can access the southern sky similar to a satellite dish. The TerreStar-1 has a life expectancy of 15 years. StocksHaven Investments sees this price point of $0.958 as an extremely undervalued play based on financial and potential product analysis.

About

TerreStar Corporation, formerly Motient Corporation, is the controlling shareholder of TerreStar Networks Inc. and TerreStar Global Ltd., and a shareholder of SkyTerra Communications. TerreStar is

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