Johnson Controls (JCI) has won a record-breaking $87 million project at Princess Noura bin Abdulraham University, the world's biggest women-only university in the Kingdom of Saudi Arabia. Under the contract, Al Salem Johnson Controls, the company's joint venture in Saudi Arabia, will supply 26 York brand chillers to Princess Noura University.  The Wisconsin-based supplier of automotive interiors, batteries and other control equipment will supply chillers that use HFC-134A refrigerant, which does not contribute to ozone depletion. They are manufactured in San Antonio, Texas.  The York brand is a proven market leader in energy efficiency. Al Salem Johnson Controls will also supply radiators for the chillers, making this one of the company's largest single orders in its history. The company achieved the first and largest-ever chiller order in the world for the Pearl Qatar project. It has also succeeded in winning the Bahrain Bay project.  Johnson Controls ...

PennyOmega.com Stock Report!

PennyOmega.com Hot Stock News & Alerts!

 

Tuesday August 11, 2009

PennyOmega.com Stock Report!

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Village Super Market, Inc. (Nasdaq:VLGEA) announced today that its Co-founder, President and Director, Perry Sumas, passed away on August 7, 2009 at the age of 94. James Sumas, Chairman of the Board, stated: “Village will grieve the loss of Perry as both a strategic and emotional leader. Perry Sumas has embodied the essence of Village Super Market since the Company’s inception in 1937. His energy, business sense, and fearless personality have driven a local grocery store into a $1.2 billion supermarket company. He will be greatly missed.”

Gencor Industries, Inc., (Nasdaq:GENC) announced net revenue for the three months ended June

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div style="text-align: justify;"Somewhat surprisingly we have several firms out positive on span style="font-weight: bold;"Harley-Davidson (NYSE:HOG)/span following Analyst meeting:br /br /span style="font-weight: bold;"- Baird is raising their target to $28 (prev. $21) and reiterating Outperform rating after the firm talked with management/dealers in meetings in Denver. /spanThey believe the turnaround story is building momentum led by a credible CEO with impressive credentials. Beyond the standard Harley noise – they advise investors to focus on the strength of the brand, opportunities to lower structural cost, and ideas to finance HDFS in better ways. Details were limited, but Baird believes the turnaround story will attract investment.br /br /span style="font-weight: bold;"Summary. /spanThe presentation lacked tangible goals or meaningful metrics, leaving investors to overweight intangible clues – which were bullish. Firm notes they like that management is addressing structural cost, cutting dealer inventory, boosting residual values, refining the dealer network, exploring options for HDFS, and ...

United Natural Foods (UNFI) hosted its 2009 Financial Analyst Day in York, Pennsylvania. Steven Spinner, President and CEO, explained the company's strategy for growth, while Mark Shamber, CFO, reiterated sales and earnings guidance for fiscal 2009. Afterwards, analysts were invited to tour the company's newest and largest distribution center.United Natural Foods is the largest wholesale distributor to the natural and organic industry in the United States. Despite the current economic weakness having negatively impacted sales, the company has continued to grow the top line in the last two quarters, albeit at a low single-digit rate.The outlook for the natural products sector is positive, driven by increasing consumer awareness towards health and wellness. In fact, the natural products sector (which includes organic foods, nutritional and herbal supplements, cosmetics and medicines, among other categories) generated sales of over $68 billion in 2008.Over ...

Should investors be warming to commodities or is the sector set to blow cold again?

It has been a spring of market rallies, but few sectors have rallied as dramatically as commodities.

The sector took a mighty pounding last year. Global recessions typically hammer cyclically-driven stocks such as base metals, and prices collapsed by more than 60% in some cases. It didn’t help that investors feared that infrastructure-related demand from China would also plummet.

The oil price also collapsed from its $147 peak to a little over $30, although gold, as you may have noticed, surged in the opposite direction. Like the Grand Old Duke of York’s men, commodities had marched up to the top of the hill, and marched right down again.

Golden age
And now they’re up again. Copper is up 50% this year. The oil price has doubled. Agriculture has also

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a href="http://finance.yahoo.com/news/Pfizer-profit-dips-2-percent-apf-15052312.html?.v=9"Earnings out this morning/a from drug giant Pfizer:br /br /ulliPfizer Inc. posted a 2 percent drop in first-quarter profit Tuesday, as cost-cutting by the world's largest span class="blsp-spelling-error" id="SPELLING_ERROR_0"drugmaker/span couldn't offset big drops in sales for several medicines, especially a big drop for the cholesterol fighter span class="blsp-spelling-error" id="SPELLING_ERROR_1"Lipitor/span./liliNew York-based Pfizer said it had net income of $2.73 billion, or 40 cents per share, in the first quarter. A year ago, it reported net income of $2.78 billion, or 41 cents per share. Excluding charges, Pfizer's earnings per share were 54 cents., topping analyst estimates of 49 cents./liliRevenue totaled $10.9 billion, down 8 percent from $11.8 billion in the first quarter of 2007. Analysts polled by Thomson Financial expected slightly higher revenue, at $11.1 billion./liliIncreased competition hurt span class="blsp-spelling-error" id="SPELLING_ERROR_2"Lipitor/span, the world's top-selling drug, with sales dropping 13 ...

As predicted, the market is going to hell in a handbasket today - the only bright spot I can find is Yamana Gold Inc. (Public, NYSE:AUY). Gold futures rebounded this morning after suffering their longest losing streak since August. June futures were climbing $14.30 to $882.20 an ounce at the Comex division of the New York ...

SAN FRANCISCO -- April 20 2009 -- Zenergy Power Inc., wholly owned subsidiary of Zenergy Power plc, (AIM:ZEN.L) a global firm developing high-efficiency, renewable energy devices that capitalize on superconductor technologies, today announced it has been contracted by The Consolidated Edison Company to build and test a "Smart Grid" device for improving the stability and reliability of New York City's electrical system.

bReason for comment/bbrbr York Pharma announced today that it has returned flammazine/flammacerium to Solvay. pThe transaction was originally structured as a series of two payments, the first of which for €17 million was completed in July and the remainder of €11.5 million, to be completed by the end of the year. The first tranche of this transaction was funded by an asset-based loan provided by Fortress Credit Corporation, an offshoot of the large New York-based hedge fund Fortress Investment Group with the second being funded by other investors. pGiven the extremely difficult capital market circumstances of the last 6 months, York Pharma was unable to raise the second part of this transaction in cash and had instead, negotiated with Solvay a 'vendor note' to enable the transaction to complete and York to take full posession of the drug portfolio. However, Fortress decided in light of this to ...

PDollar’s fall last week is exactly what I’ve been warning about. Bear market in dollar is NOT over. See this article from Bloomberg. -- LarrybrbrDollar Staggers as U.S. Unleashes Cash Flood, Deficit (Update2) brbrDec. 15 (Bloomberg) -- The biggest foreign-exchange strategists and investors say the best may be over for the dollar after a four-month, 24 percent rally.brbrThe currency weakened 5.9 percent measured by the trade- weighted Dollar Index after strengthening between July and November as investors bought the greenback to flee riskier assets and repay dollar-denominated loans from lenders reining in credit. Ever since peaking on Nov. 21, the dollar fell against all 16 of the most-widely traded currencies, according to data compiled by Bloomberg.brbrU.S. policy makers are flooding the world with an extra $8.5 trillion through 23 different plans designed to bail out the financial system and pump up the economy. The decline shows that the increased supply ...