Stockpick456's Personal Finance Blog

Equinix, Inc. (Nasdaq:EQIX) announced that it has entered into a $150 million unsecured revolving credit facility. The revolver, which has a five-year maturity to September 2016, allows for borrowing, repayments and re-borrowing over the entire five-year term and provides a sublimit within the revolver for the issuance of letters of credit of up to $100 million and swing line borrowings of up to $25 million. Borrowings under the revolver carry an interest rate of US$ LIBOR plus an applicable margin ranging from 1.25% to 1.75% p.a., which varies as a function of the Company's senior leverage ratio.

Equinix, Inc. provides network neutral data center services to enterprises, content providers, financial services companies, and network service providers.

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MAJESTIC GOLD CORP (MJGCF.PK)

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.

Gold is a soft, shiny, and malleable precious metal that has a bright yellow color. In fact, gold is the most malleable of all metals. Unlike other metals, gold does not oxidize with air or water and maintains its color and luster. It is a good conductor of heat and electricity and is not affected by moisture, air, or corrosive agents. As such, gold is very useful in a variety of industries and can be used as a coating for reactive metals.

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VASCO Data Security International Inc. (Nasdaq:VDSI) announces that it has partnered with OpSource, Inc., Dimension Data's wholly-owned enterprise cloud and managed hosting business, providing an enterprise-class solution for joint clients. VASCO's authentication platforms VACMAN®, IDENTIKEY® and its cloud-based authentication DIGIPASS as a Service® offering are now available for the OpSource Cloud.

VASCO Data Security International, Inc., through its subsidiaries, engages in the design, development, marketing, and support of hardware and software security systems that manage and secure access to information assets worldwide.

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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.

Cleantech Transit, Inc. (CLNO) is pleased to announce it has met its funding requirement to secure the Company's ability to earn in 25% of the 500KW Merced Project.

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Union Drilling, Inc. (Nasdaq:UDRL) announced that it will release its 2011 third quarter results at 6:00 a.m. Eastern time on Monday, October 31, 2011. In conjunction with the release, the Company has scheduled a conference call which will be broadcast live over the Internet that same day at 11:00 a.m. Eastern time.

Union Drilling, Inc. provides contract land drilling services and equipment primarily to independent oil and natural gas producers in the United States. It offers drilling rigs, as well as the drilling crews and ancillary equipment to operate its drilling rigs.

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Crown Equity Holdings, Inc. (CRWE)

VoIP or voice over IP is the newest technology today that ends the career of most analogue phone system. A lot of people may wonder why VoIP (voice over IP) is making its way to become a good starting business for most entrepreneurs. Making money is a lot easier today by using the most recent technology when it comes to communication.

Communication is of the most important way of life. It is a part of everybody's life nowadays. Progressive technology in mass communication includes internet base calling supports for communication. VoIP or voice over IP kind of communication is the most affordable and cheaper way of communicating. This means that you are not forced to pay just to communicate with your relatives in different countries.

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CME Group Inc. (Nasdaq:CME) announced September volume averaged 14.0 million contracts per day, up 16 percent from September 2010. Total volume for September was 294 million contracts, of which 85 percent was traded electronically.

CME Group Inc. operates the CME, CBOT, NYMEX, and COMEX regulatory exchanges worldwide. The company provides a range of products available across various asset classes, including futures and options on interest rates, equity indexes, energy, agricultural commodities, metals, foreign exchange, weather, and real estate.

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Radcom Ltd. (Nasdaq:RDCM) announced that it will report its financial results for the third quarter ended September 30, 2011 on Monday October 24, 2011, before the opening of trade on the Nasdaq stock exchange.

RADCOM Ltd. develops, manufactures, markets, and supports network test and service monitoring solutions for communications service providers and equipment vendors worldwide.

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The new Scientific, Technical, Research, Engineering, and Modeling Support (STREAMS) II contract is a successor to the FEATS and STREAMS contracts that Tetra Tech, Inc. (NASDAQ:TTEK) previously held since 2000. Tetra Tech announced recenty that it has been awarded a contract valued at up to $55 million to continue its support for high priority pollution prevention programs, including evaluating innovative technologies and providing research and development support to the U.S. Environmental Protection Agency (USEPA) Office of Research and Development, National Risk Management Research Laboratory.



Under the five-year contract, Tetra Tech will support the development and evaluation of technologies and tools to prevent or reduce pollution of air, land, and water, and restore ecosystems. Tetra Tech will also perform treatability studies and pilot-scale investigations, support field activities including risk assessments and site characterization, develop and evaluate models, and provide technical support to various programs including the USEPA Superfund Program, the Resource Conservation and Recovery Act (RCRA) Program, and the USEPA Office of Water, among other USEPA organizations.

Tetra Tech, Inc. is a leading provider of consulting, engineering, program management, construction, and technical services. Tetra Tech supports government and commercial clients by providing innovative solutions to complex problems focused on water, environment, energy, infrastructure, and natural resources. With more than 13,000 employees worldwide, Tetra Tech's capabilities of span the entire project life cycle.

For more information about Tetra Tech, please visit: www.tetratech.com

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Global Hunter (GBLHF.PK)

Molybdenum is a Group 6 chemical element with the symbol Mo and atomic number 42. It has the sixth-highest melting point of any element, and for this reason it is often used in high-strength steel alloys. Molybdenum is used in alloys for its high corrosion resistance and weldability. Most high-strength steel alloys are .25% to 8% molybdenum. More than 43 million kg of molybdenum is used as an alloying agent each year in stainless steels, tool steels, cast irons, and high-temperature super alloys. Molybdenum disulfide is used as a lubricant and an agent.

Global Hunter's focus is on strategic and base metals, with an advanced stage copper oxide project in Chile and a highly prospective molybdenum property in British Columbia, Canada. GBLHF teams are working on developing the Corona de Cobre property in Chile and the Rabbit south property in British Columbia.

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Stryker Corp. (NYSE:SYK) announced the closing of its previously announced acquisition of privately-held Concentric Medical, Inc. (Concentric). Concentric develops, manufactures and markets minimally invasive products for the treatment of acute ischemic stroke (AIS).

Stryker Corporation, together with its subsidiaries, operates as a medical technology company worldwide. The company operates in three segments: Reconstructive, MedSurg, and Neurotechnology and Spine.

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Nordstrom Inc (NYSE:JWN) reported a 10.7 percent increase in same-store sales for the five-week period ended October 1, 2011 compared with the five-week period ended October 2, 2010. Preliminary total retail sales of $943 million for September 2011 increased 16.3 percent compared with total retail sales of $810 million for the same period in fiscal 2010.

Nordstrom, Inc., a fashion specialty retailer, offers apparel, shoes, cosmetics, and accessories for women, men, and children in the United States. It offers a selection of brand name and private label merchandise.

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Yum! Brands, Inc. (NYSE:YUM) reported results for the third quarter ended September 3, 2011 including EPS of $0.83, excluding Special Items. After a Special Items loss of $0.03, reported EPS was $0.80. As a result of strong performance in China and other emerging markets, Yum! reconfirms full year EPS growth forecast of at least 12%, excluding special items.

YUM! Brands, Inc., together with its subsidiaries, operates as a quick service restaurant company in the United States and internationally.

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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.

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Ecolab Inc. (NYSE:ECL) has awarded $190,000 in 2011 through its Ecolab Foundation's Visions for Learning grant, with grants going to 116 different primary and secondary classrooms in the district. These grants are part of Ecolab's 25 year history of supporting Saint Paul Public Schools.

Ecolab Inc. develops and markets products and services for the hospitality, foodservice, healthcare, and industrial markets primarily in the United States.

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Global Hunter (GBLHF.PK)

Molybdenum element symbol is Mo and atomic number 42. It has the sixth-highest melting point of any element, and for this reason it is often used in high-strength steel alloys. Molybdenum is a transition metal with an electronegativity of 1.8 on the Pauling scale and an atomic mass of 95.9 g/mole. It does not react with oxygen or water at room temperature.

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Mosaic Co (NYSE:MOS) reported first quarter fiscal year 2012 net earnings of $526 million, up 77 percent from $298 million in the prior year quarter. Earnings per diluted share were $1.17 in the quarter, up 75 percent from $0.67 per diluted share in the prior year period. Mosaic's net sales in the first quarter of fiscal 2012 were $3.1 billion, a 41 percent increase from $2.2 billion in the same period last year.

The Mosaic Company engages in the production and marketing of concentrated phosphate- and potash-based crop nutrients for the agriculture industry worldwide.

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Target Corp. (NYSE:TGT) reported that its net retail sales for the five weeks ended October 1, 2011 were $5,923 million, an increase of 6.5 percent from $5,562 million for the five weeks ended October 2, 2010. On this same basis, September comparable-store sales increased 5.3 percent.

Target Corporation operates general merchandise stores in the United States.

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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.

Commenting on the joint venture, Kenneth Bosket, President of Crown Equity Holdings Inc., said: "We are excited to deliver VoIP communications solutions specifically designed to meet the business and residential market needs in this fast-growing global market."

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Jamba, Inc. (Nasdaq:JMBA) will release third quarter earnings after the close of market and conduct a conference call to discuss financial results on November 9, 2011 at 5:00 p.m. ET.

Jamba, Inc., through its subsidiary, Jamba Juice Company, owns and franchises Jamba Juice stores. The company operates as a restaurant retailer of beverage and food products.

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Global Hunter (GBLHF.PK)

Global Hunter's focus is on strategic and base metals, with an advanced stage copper oxide project in Chile and a highly prospective molybdenum property in British Columbia, Canada. GBLHF teams are working on developing the Corona de Cobre property in Chile and the Rabbit south property in British Columbia.

Global Hunter Corp. (GBLHF.PK) is pleased to announce initial assay results from its previously announced surface sampling program. The results are encouraging with new gold showings as well as very positive copper oxide assays over wide-spread areas.

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Integrated Electrical Services, Inc. (Nasdaq:IESC) announced the appointment of James M. Lindstrom as President and CEO, a role he has held in an interim capacity since June 2011. Mr. Lindstrom was elected Chairman of IES in February 2011 and has served as a director of the Company since May 2010.

Integrated Electrical Services, Inc. provides electrical contracting services primarily to the communications, residential, commercial, and industrial service and maintenance markets in the United States.

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Crown Media Holdings Inc (Nasdaq:CRWN) announced that it has commenced a registered exchange offer to exchange any and all of its $300,000,000 aggregate principal amount of 10.5% Senior Secured Notes due 2019 that were issued in a private placement (the "Original Notes") for an equal principal amount of its 10.5% Senior Secured Notes due 2019 that have been registered under the Securities Act of 1933, as amended (the "Exchange Notes").

Crown Media Holdings, Inc., through its subsidiary, Crown Media United States, LLC, owns and operates pay television channels in the United States and Puerto Rico.

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Pacific Ethanol, Inc. (Nasdaq:PEIX) provided an update on its senior convertible notes. The aggregate unpaid principal balance of the notes, originally $35.0 million as of October 6, 2010, has declined from $10.5 million as of September 1, 2011 to $8.4 million as of October 3, 2011. To date, a total of $25.4 million in principal has been converted into 32.7 million common shares, at an average conversion price of $0.78 per share.

Pacific Ethanol, Inc. produces and markets low carbon renewable fuels in the western United States, primarily in California, Nevada, Arizona, Oregon, Colorado, Idaho, and Washington.

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Openwave Systems Inc. (Nasdaq:OPWV) announced that Mike Mulica has been appointed as Openwave's chief executive officer, effective October 6. Anne Brennan, who served as interim CEO, will continue in her role as Chief Financial Officer.

Openwave Systems Inc. provides software solutions for the communications and media industries in North America, Latin America, Europe, Africa, the Middle East, and the Asia-Pacific. Its product portfolio consists of server software products, which include mediation and messaging application products for mobile operators.

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Global Hunter (GBLHF.PK)

Molybdenum is a high-melting silver-gray metal, strong even at high temperatures, hard, and resistant to corrosion. It also exhibits high conductivity, a high modulus of elasticity, high thermal conductivity, and a low coefficient of expansion. Its major use is in alloy steels, for example, as tool steels, stainless steel, and armor plate. Up to 3% molybdenum is added to cast iron to increase strength. Up to 30% molybdenum may be added to iron-, cobalt-, and nickel-based alloys designed for severe heat- and corrosion-resistant applications. It is used in filaments for light bulbs, and it has many applications in electronic circuitry.

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Jefferson Bancshares Inc (Nasdaq:JFBI) announced its final financial results for the quarter and year ended June 30, 2011, which were revised from the financial results originally issued on July 29, 2011.The revision is due to impairment charges totaling $835,000 on a pre-tax basis recorded on collateralized debt obligations that were acquired in connection with the Company's acquisition of State of Franklin Bancshares, Inc. in 2008 and an increase in the Company's provision for loan losses of $1.1 million from $3.3 million to $4.4 million for the year ended June 30, 2011.

Jefferson Bancshares, Inc. operates as the holding company for Jefferson Federal Bank, which provides various financial services to consumers and businesses in Tennessee.

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AngioDynamics (Nasdaq:ANGO), a leading provider of innovative, minimally invasive medical devices for vascular access, surgery, peripheral vascular disease and oncology, reported financial results for the fiscal 2012 first quarter ended August 31, 2011.

Net sales in the first quarter were $54.4 million, a 6% increase over the $51.5 million reported in the prior year period. U.S. sales were $47.3 million and increased 4% over the first quarter of fiscal 2011. International sales of $7.1 million were up 18% from the prior year period. Oncology/Surgery sales were $17.9 million, an increase of 15% from the prior year, and included $2.3 million in NanoKnife(R) System sales, a 105% year-over-year increase. Vascular sales were $36.6 million, an increase of 2% from the first quarter a year ago.

Gross margin increased to 59.1% compared with 57.7% in the fiscal 2011 fourth quarter and 58.3% a year ago. The increase is primarily attributable to material cost reduction programs and improved manufacturing facility utilization. Operating income in the first quarter was $2.7 million, or $3.6 million excluding $0.9 million of restructuring and other items, compared with $3.5 million of operating income a year ago. The restructuring and other items primarily include the CEO transition and the beginning of a program to close a facility in the UK. Net income in the first quarter was $1.4 million, or $0.05 per share, and $2.0 million, or $0.08 per share, excluding restructuring and other costs, compared with $1.9 million, or $0.08 per share, a year ago.

During the first quarter, AngioDynamics generated cash flow from operations of $3.0 million, while cash and investments increased $5.1 million to $136.7 million at August 31, 2011.

AngioDynamics, Inc. is a leading provider of innovative, minimally invasive medical devices used by professional healthcare providers for vascular access, surgery, peripheral vascular disease and oncology. AngioDynamics' diverse product lines include market-leading ablation systems, vascular access products, angiographic products and accessories, angioplasty products, drainage products, thrombolytic products, embolization products and venous products.

More information is available at www.AngioDynamics.com.

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OCZ Technology Group, a leading provider of high-performance solid-state drives (SSDs) for computing devices and systems, reports its second quarter results for the fiscal year 2012 (Q2'12), which ended on August 31, 2011. Q2'12 Financial Highlights include the following: Net revenue in Q2'12 was a record $78.5 million, and increased 106% compared with net revenue of $38.0 million reported in Q2'11, and increased 6% compared with the $73.8 million reported in Q1'12; SSD revenue reached a record $71.1 million, an increase of 252% compared with Q2'11 SSD revenue of $20.2 million, and a 3% increase compared with Q1'12 SSD revenue of $69.1 million; Gross margin increased to 21.6% compared with 4.3% in Q2'11, and 20.0% in Q1'12; and GAAP net income in Q2'12 of $3.2 million or $0.06 per share.



GAAP net income for Q2'12 was $3.2 million or $0.06 income per share compared with a GAAP net loss of $7.6 million or $0.29 loss per share in Q2'11. Non-GAAP net loss for Q2'12 was $1.4 million or $0.03 loss per share as compared with a non-GAAP net loss for Q2'11 of $9.7 million, or $0.36 loss per share. The non-GAAP loss for Q2'12 includes a significant increase in R&D expense including approximately $2.3 million related primarily to R&D prototyping, intellectual property and other specific engineering project expenses which are not reflective of R&D expense on a run-rate basis. A reconciliation between GAAP and non-GAAP information is contained in the tables below.

Founded in 2002, San Jose, CA-based OCZ Technology, is a leader in the design, manufacturing, and distribution of high performance and reliable Solid-State Drives (SSDs) and premium computer components. OCZ Technology Group has built on its expertise in high-speed memory to become a leader in the enterprise and consumer SSD markets, a technology that competes with traditional rotating magnetic hard disk drives (HDDs). SSDs are faster, more reliable, generate less heat and use significantly less power than the HDDs used in the majority of computers today. In addition to SSD technology, OCZ Technology Group also offers high performance components for computing devices and systems, including enterprise-class power management products as well as leading-edge computer gaming solutions.

For more information about OCZ please visit www.ocztechnology.com

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Star Scientific, Inc. (Nasdaq:CIGX) reports the publication of the first peer-reviewed article on the in-vitro and in-vivo activity of anatabine in Alzheimer's Disease. The article is authored by scientists at the Roskamp Institute and is electronically published in the European Journal of Pharmacology (2011 Sept 19). It states that anatabine lowers Alzheimer's A-beta production in-vitro and in-vivo.

Star Scientific, Inc., together with its subsidiaries, engages in the development, implementation, and licensing of tobacco curing technology that prevents the formation of carcinogenic toxins present in tobacco and tobacco smoke, primarily the tobacco-specific nitrosamines (TSNA).

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