Mechel OAO (NYSE:MTL) announces the launch of the new converter # 2 in Chelyabinsk Metallurgical Plant's oxygen-converter shop.

Mechel OAO, through its subsidiaries, operates as a mining and steel company in the Russian Federation and internationally. The company operates in four segments: Mining, Steel, Ferroalloys, and Power.
To read more: http://drstockpick.com/?p=21719

Suntech Power Holdings Co. Ltd (NYSE:STP) announced financial results for its second fiscal quarter ended June 30, 2011. Total net revenues were $830.7 million in the second quarter of 2011, representing a sequential decrease of 5.3%, and an increase of 32.9% year-over-year. Total PV shipments increased 2% sequentially, and increased 48% year-over-year. GAAP gross profit margin was 4.1% in the second quarter of 2011. Excluding a $91.9 million charge related to the MEMC settlement, non-GAAP gross margin was 15.1% in the second quarter of 2011.
To read more: http://drstockpick.com/?p=21718

Camelot Information Systems Inc. (NYSE:CIS) announced that the Company will hold its 2011 annual general meeting (the " AGM") on Wednesday, September 21, 2011 in Hong Kong.

Camelot Information Systems Inc., through its subsidiaries, provides enterprise application services and financial industry information technology (IT) services in the People's Republic of China.
To read more: http://drstockpick.com/?p=21717

Xueda Education Group (NYSE:XUE) announced its unaudited financial results for the second quarter of 2011. Total net revenue for the second quarter 2011 increased by 52.6% year-over-year to $71.6 million from $47.0 million for the second quarter of 2010. Gross profit for the second quarter 2011 increased by 46.4% year-over-year to $29.0 million from $19.8 million for the second quarter of 2010. Income from operations for the second quarter of 2011 increased by 75.7% year-over-year to $15.6 million from $8.9 million for the second quarter of 2010. Net income for the second quarter of 2011 increased by 80.2% year-over-year to $15.1 million from $8.4 million for the second quarter of 2010.
To read more: http://drstockpick.com/?p=21716

Cleantech Transit, Inc. (CLNO)

Biomass energy is also called renewable energy because the carbon dioxide which emerges out of the burning process goes into the atmosphere and is absorbed by plants, this also makes the photosynthesis process of the plants easy and the plants are the renewable source of energy as well. Many bio fuels products can be produced from agriculture and forest products. Products such as woods, pieces of woods, and straws, other plants roots and waste are also a source to produce biomass energy.
To read more: http://drstockpick.com/?p=21715

SouFun Holdings Ltd (NYSE:SFUN) announced its unaudited financial results for the second quarter and half year ended June 30, 2011. Revenues grew 93.0% to US$80.6 million compared to the second quarter of 2010, and a 117.0% year-over-year increase excluding the effect from prepaid card business. Operating income was US$36.9 million, an increase of 305.3% compared to the second quarter of 2010. Non-GAAP operating income was US$38.3 million, an increase of 245.0% compared to the second quarter of 2010.
To read more: http://drstockpick.com/?p=21713

Salesforce.com (NYSE:CRM) announced results for its fiscal second quarter ended July 31, 2011.Revenue: Total Q2 revenue was $546 million, an increase of 38% on a year-over-year basis. Subscription and support revenues were $509 million, an increase of 38% on a year-over-year basis. Professional services and other revenues were $37 million, an increase of 44% on a year-over-year basis.

salesforce.com, inc. provides customer and collaboration relationship management (CRM) services to various businesses and industries worldwide.

To read more: http://drstockpick.com/?p=21711

Crown Equity Holdings, Inc. (CRWE)

Crown Equity Holdings Inc. (CRWE) is pleased to announce that it has entered into a joint venture to deploy VoIP (Voice over Internet Protocol) technology delivering voice, video and data services to residential and commercial customers. The joint venture company is Crown Tele Services Inc. which was a wholly-owned subsidiary of Crown Equity Holdings Inc. Crown Equity Holdings Inc. will own fifty percent (50%) interest in the joint venture.
To read more: http://drstockpick.com/?p=21714

Juniper Networks, Inc. (NYSE:JNPR) announced the company will present at the 2011 Citi Technology Conference on Wednesday, September 7, 2011 beginning at 10:45 a.m. Eastern Daylight Time (EDT).

Juniper Networks, Inc. designs, develops, and sells products and services that provide network infrastructure used for the deployment of services and applications over a single Internet Protocol (IP) based network worldwide.
To read more: http://drstockpick.com/?p=21712

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Key Tronic is a value-added electronic manufacturing service provider to some of the world’s leading OEMs. We specialize in PCBA and full product assembly, plastic molding and engineering services with products ranging from simple consumer devices to complex, high end commercial and industrial electro-mechanical products.

Over 40 years electronic manufacturing experience. Spokane, Washington, U.S.A. based headquarters.

Key Tronic Corporation Announces Fourth Quarter and Year End Results

Year-over-Year Revenue Up 27%;

Continued Growth in Revenue Contribution from New Programs;

More New Customer Wins and Revenue Diversification

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Key Tronic Corporation (Nasdaq:KTCC), a provider of electronic manufacturing services (EMS), announced its results for the quarter and year ended July 2, 2011.

For the fourth quarter of fiscal 2011, Key Tronic reported total revenue of $66.0 million, up 7% from $61.9 million in the same period of fiscal 2010. For the full year of fiscal 2011, total revenue was $253.8 million, up 27% from $199.6 million in fiscal 2010.

Net income for the fourth quarter of fiscal 2011 was $1.5 million or $0.15 per diluted share, compared to $2.3 million or $0.22 per diluted share for the same period of fiscal 2010. For the full year of fiscal 2011, net income was $5.7 million or $0.55 per diluted share, compared to $8.7 million or $0.85 per diluted share for fiscal 2010.

“We’re pleased with our strong year-over-year revenue growth for fiscal 2011, driven by the production ramp ups of new programs for both our longstanding and new customers,” said Craig Gates, President and Chief Executive Officer. “Due to increasing industry awareness that our customers are benefiting from our unique blend of multinational facilities and centralized management, we continue to see our market share grow. During the fourth quarter, we continued to extend our customer portfolio across a wide range of industries, winning new programs involving solar power controllers, energy monitors and electronic whiteboards.

“During most of the year, our operating performance was adversely affected as we absorbed the costs associated with bringing many new programs into production while dealing with industry-wide supply chain constraints. By the fourth quarter, the component shortages were behind us and we made good progress in optimizing the product designs, production processes and supply chains of our new programs. As a result, we saw marked improvement in our margins in the fourth quarter and achieved another year of solid profitability.

“We move into fiscal 2012 with strong business momentum and a highly diversified customer base, and anticipate more of our new programs moving into production and gradually ramping up. Despite the current macroeconomic uncertainty, we expect to continue to capture market share and capitalize on emerging opportunities.”

More about KTCC at www.keytronic.com

To read more: http://drstockpick.com/?p=21704

Cleantech Transit, Inc. (CLNO)

When biological material extracted from some living being is used as a renewable source of energy it is called Biomass. It is usually comprised of the flora grown to produce electricity or heat - mostly remains of forest such as dead trees or part of trees. The biomass is transformed into chemicals so it can be used to generate required energy. 3.3 per cent of United States energy comes from biomass. The biomass station works just like the fossil fuel power station. It does not include fossil fuels as they are transformed into coal, gas, petroleum by geological procedures. Fossils contain that carbon dioxide which was long abandoned in the carbon cycle and is no more considered as a part of the system.
To read more: http://drstockpick.com/?p=21701

Chyron Corporation (Nasdaq:CHYR) announced the appointment of Aldo Campisi as vice president of Latin American sales. Campisi will work closely with Juan Gonzalez, Chyron's regional sales manager for Latin America, to further expand the company's sales and marketing initiatives within this region.

Chyron Corporation supplies graphics hardware, software, and workflow solutions for multimedia outlets; government agencies; telecommunications and corporate customers; and educational, health, and religious institutions.
To read more: http://drstockpick.com/?p=21700

Datawatch Corp. (NasdaqWCH) announced a strategic partnership with leading Australian analytics consulting firm, Quantalytic Pty Ltd. The move is in response to a growing number of businesses in Australia that are seeking cost effective, self-service analytic solutions to address their reporting requirements.

Datawatch Corporation designs, develops, manufactures, markets, and supports business computer software products primarily in the United States and the United Kingdom.
To read more: http://drstockpick.com/?p=21699

MAJESTIC GOLD CORP (MJGCF.PK) engages in the exploration and development of mineral properties in China. The company focuses on its gold project located in the prolific gold region of Song Jiagou in eastern Shandong Province. Majestic Gold Corp. is headquartered in Vancouver, Canada.
To read more: http://drstockpick.com/?p=21698

Crown Crafts Inc. (Nasdaq:CRWS) will present at the Midwest IDEAS Investor Conference on Wednesday, August 31, 2011, at the University of Chicago's Gleacher Center in Chicago, Illinois. Management is scheduled to present at 8:00 a.m. CDT (9:00 a.m. EDT). The presentation will be webcast live and may be accessed at the conference website, www.midwestideas.com, or in the investor relations section of the company's website, www.crowncrafts.com.
To read more: http://drstockpick.com/?p=21697

Crown Equity Holdings, Inc. (CRWE)

Crown Equity Holdings Inc's selection of Core Link reflects recent diversification beyond CRWE's original charter as a provider of services and knowledge to small business owners taking their own companies public. In addition to these services, Crown Equity Holdings Inc has transitioned into a multifaceted media organization that publishes clients' news online; sells advertising adjacent with its digital network targeted at a high-income audience; designs, hosts and maintains websites; produces marketing videos from concept to final product; crafts press releases and articles for maximum SEO; develops email campaigns; and forges branding campaigns to bolster client company images.
To read more: http://drstockpick.com/?p=21696

The Chefs' Warehouse, Inc (Nasdaq:CHEF) announced that the Company intends to release its financial results for the quarter ended June 24, 2011, following the close of the stock market on Thursday, August 25, 2011 and will host a conference call at 5:00 pm ET on August 25, 2011 to review those results.

Chefs’ Warehouse Holdings, LLC engages in the distribution of specialty food products in the United States. The company's product portfolio includes approximately 11,500 stock-keeping units comprising specialty food products, such as artisan charcuterie, specialty cheeses, unique oils and vinegars, hormone-free protein, truffles, caviar, and chocolate.
To read more: http://drstockpick.com/?p=21695

Charter Financial Corp. (Nasdaq:CHFN) announced that its board of directors has declared a quarterly cash dividend of 5 cents per share. The dividend is payable on September 29, 2011, to stockholders of record September 13, 2011.

Charter Financial Corporation operates as the holding company for CharterBank that provides various banking services to individuals and businesses in Georgia and Alabama.
To read more: http://drstockpick.com/?p=21694

Cleantech Transit, Inc. (CLNO)

Cleantech Transit Inc. was founded to capitalize on technology advances and manufacturing opportunities in the growing clean energy public transportation sector. The Company has expanded its focus to invest directly in specific green projects. Recognizing the many economic and operational advances of converting wood waste into renewable sources of energy, Cleantech has selected to invest in Phoenix Energy (www.phoenixenergy.net). This project could benefit the Company's manufacturing clients worldwide.
To read more: http://drstockpick.com/?p=21693

Cleantech Transit Inc (CLNO)

One of the Benefits of Biomass include: Anaerobic digestion can be used to convert wastes from livestock, food processing and households into energy. Using this biomass as energy can yield the following benefits: production of heat or electricity, odor reduction, reduced risk of water contamination, and reduced exposure to disease-causing organisms.
Read more at: http://crwewallstreet.com/?p=21015

FXCM Inc. (NYSE:FXCM) announced for the quarter ended June 30, 2011, revenues increased to $103.4 million, compared to $94.7 million for the first quarter 2011 and $96.7 million for the second quarter 2010, an increase of 9% and 7% respectively. Adjusted Pro Forma EBITDA for the second quarter 2011 was $28.5 million compared to $25.5 million for the first quarter 2011 and $35.2 million for the second quarter 2010, an increase of 12% and a decrease of 19%, respectively.

To read more: http://drstockpick.com/?p=21686

Crown Equity Holdings, Inc. (CRWE)

Crown Equity Holdings Inc. (CRWE) is pleased to announce that it has entered into a joint venture to deploy VoIP (Voice over Internet Protocol) technology delivering voice, video and data services to residential and commercial customers. The joint venture company is Crown Tele Services Inc. which was a wholly-owned subsidiary of Crown Equity Holdings Inc. Crown Equity Holdings Inc. will own fifty percent (50%) interest in the joint venture.

To read more: http://drstockpick.com/?p=21685

MDC Holdings Inc. (NYSE:MDC) reported a net loss for the 2011 second quarter of $28.0 million, or $0.60 per share, compared with a net loss for the 2010 second quarter of $3.7 million, or $0.08 per share. Revenue for the 2011 second quarter decreased 34% to $215.7 million, compared with $326.3 million a year ago. Prior year results benefited from increased demand related to the federal homebuyer tax credit, which expired during the 2010 second quarter.

M.D.C. Holdings, Inc., through its subsidiaries, engages in homebuilding and financial services businesses in the United States.

To read more: http://drstockpick.com/?p=21684

American Oriental Bioengineering Inc. (NYSE:AOB) announced financial results for the second quarter ended June 30, 2011. In the second quarter of 2011, revenue decreased to $54.1 million from $77.3 million in the same period of 2010. The Company generated revenue of $50.3 million from its manufacturing business in the second quarter of 2011 compared with $73.7 million in the prior year period. Revenue from pharmaceutical products decreased to $40.7 million from $63.8 million in the prior year period. Nutraceutical products generated revenue of approximately $9.5 million in the second quarter of 2011, compared to $9.9 million in the prior year period. decreased the manufacturing of certain generic drugs strategically shifted the products mix toward higher-margin products from lower margin products in order to minimize the impact from the increased cost of certain raw materials and the continuing government price cut on certain products.

To read more: http://drstockpick.com/?p=21683

Cleantech Transit, Inc. (CLNO)

Cleantech Transit Inc. was founded to capitalize on technology advances and manufacturing opportunities in the growing clean energy public transportation sector. The Company has expanded its focus to invest directly in specific green projects. Recognizing the many economic and operational advances of converting wood waste into renewable sources of energy, Cleantech has selected to invest in Phoenix Energy (www.phoenixenergy.net). This project could benefit the Company's manufacturing clients worldwide.

To read more: http://drstockpick.com/?p=21682

DSW Inc. (NYSESW) announced that its Board of Directors declared a special dividend of $2.00 per share, totaling approximately $86 million. In conjunction with this approval, the Board of Directors also initiated a regular quarterly cash dividend of $0.15 per share. Both the special dividend and the regular dividend will be paid on September 30, 2011 to shareholders of record at the close of business on September 20, 2011.

DSW Inc., together with its subsidiaries, operates as a footwear specialty retailer in the United States. It offers dress, casual, and athletic footwear for women and men, as well as accessories, handbags, and hosiery.

To read more: http://drstockpick.com/?p=21681

Trina Solar Ltd. (NYSE:TSL) announced that it will hold its 2011 annual general meeting of shareholders on Tuesday, September 13, 2011 at 9:00 a.m. Beijing Time. The meeting will be held at the Board Room, Changzhou Trina Solar Energy Co., Ltd., No. 2 Tian He Road, Electronics Park, New District, Changzhou, Jiangsu Province 213031, People's Republic of China.

Trina Solar Limited, through its subsidiaries, designs, develops, manufactures, and sells photovoltaic (PV) modules worldwide.

To read more: http://drstockpick.com/?p=21680

LSI Corporation (NYSE:LSI) announced that Abhi Talwalkar, President and CEO, will be presenting at the Deutsche Bank 2011 Technology Conference in Las Vegas, Nev., on Tuesday, September 13, at 9:15 a.m. PDT. The event will be held at The Cosmopolitan of Las Vegas.

LSI Corporation designs, develops, and markets storage and networking semiconductors and storage systems worldwide.

To read more: http://drstockpick.com/?p=21679

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GTSI receives $20 million in cash for interest

Sale settles related disputes between companies

GTSI Corp. (NASDAQ:GTSI), a systems integrator, solutions and services provider to the government, announced that it has sold its 37% ownership interest in Eyak Technology, LLC (EyakTek) to EyakTek for $20 million in cash.

On August 19, 2011, GTSI entered into a Settlement and Redemption Agreement with The Eyak Corporation, Global Technology Group, LLC and EyakTek to sell GTSI’s interest in EyakTek and to settle the pending arbitration proceedings and litigation with EyakTek and its officers and other owners, as well as other related disputes between GTSI and EyakTek and the other owners of EyakTek.

“Our Board of Directors believed the timing was right for GTSI to liquidate this investment based on the terms of the Settlement, and to resolve all disputes with EyakTek and its owners. As a result of this settlement, we will have the opportunity to redeploy this capital by investing in more critical areas of the business. We believe this decision is in the best interest of GTSI and its shareholders, and will contribute to our alignment for growth,” said Sterling Phillips, GTSI’s Chief Executive Officer and President.

GTSI is a leading provider of technology solutions to federal, state, and local governments. Founded in 1983, the company has helped meet the unique IT needs of more than 1,700 governmental agencies nationwide. GTSI professionals draw on their deep knowledge, strategic partnerships, more than 740 industry certifications, and customer service to guide agencies in selecting the most cost-effective technology available. GTSI has extensive capabilities and past performance in data center, networking, collaboration, security, and cloud computing solutions. In addition, GTSI’s advanced engineering, integration, support, and financial services -- and broad portfolio of contracts -- ease the planning, purchasing, and deployment of solutions, and facilitates the management of mission-critical IT throughout the lifecycle. Headquartered in Herndon, Va., GTSI has approximately 400 employees and reported revenue of $666.7 million for the 12 months ended Dec. 31, 2010.

For more information visit the company’s website at www.gtsi.com.

To read more: http://drstockpick.com/?p=21668

Cleantech Transit, Inc. (CLNO)

Cleantech Transit Inc. was founded to capitalize on technology advances and manufacturing opportunities in the growing clean energy public transportation sector. The Company has expanded its focus to invest directly in specific green projects. Recognizing the many economic and operational advances of converting wood waste into renewable sources of energy, Cleantech has selected to invest in Phoenix Energy (www.phoenixenergy.net). This project could benefit the Company's manufacturing clients worldwide.
To read more: http://drstockpick.com/?p=21667