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Archive for August, 2011

(CATO, CLNO, DPS, PHX) Stocks Under Consideration by StockHotTips.com

August 25th, 2011 at 03:59 pm

Cato Corp. (NYSE:CATO) reported net income of $18.1 million or $.61 per diluted share for the second quarter ended July 30, 2011, compared to net income of $17.0 million or $.58 per diluted share, as restated, for the second quarter ended July 31, 2010. Both net income and earnings per diluted share increased 6% over last year. Sales for the second quarter were $234.1 million, a 1% increase over sales of $231.8 million last year. Second quarter same-store sales decreased 1%.

The Cato Corporation operates as a specialty retailer of fashion apparel and accessories in the southeastern United States.




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(LF, MJGCF.PK, ZQK, HLS) Notable Stocks by StockHotTips.com

August 25th, 2011 at 03:55 pm

LeapFrog Enterprises Inc (NYSE:LF) announced that Randy O. Rissman, has joined the company's board of directors effective on August 11, 2011.

LeapFrog Enterprises, Inc. provides technology-based learning platforms worldwide. It provides reading systems, such as the Tag reading system, a pen-based reading system that focuses on fundamental reading skills and offers a library of software-based books; and Tag Junior reading system used for the introduction of younger children to books and reading.




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(HSP, SRZ, CLNO, SUN) Stocks Reported From StockHotTips.com

August 25th, 2011 at 03:51 pm

Hospira Inc. (NYSE:HSP) announced that the company will present at the Morgan Stanley Global Healthcare Conference on Wednesday, Sept. 14, 2011, in New York.

Hospira, Inc., a specialty pharmaceutical and medication delivery company, develops, manufactures, and markets pharmaceuticals and medication delivery systems in the United States and internationally.







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(CLNO, BHI, PEP, CL) Stocks in Action by StockHotTips.com

August 25th, 2011 at 03:47 pm

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 that can maximize shareholder value. 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)




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(CRWE, WLK, ENH, NBL) Stock Highlights by StockHotTips.com

August 25th, 2011 at 03:43 pm

Crown Equity Holdings Inc. (CRWE)

VoIP (voice over internet protocol) is one of the advanced technologies by which people can make phone calls worldwide with the help of the internet. This service is very beneficial for the users, as they need not to pay anything additional except than the normal charge of high speed internet connection. To enjoy the VoIP service, the callers only need to have a fast speed internet connection with a speakerphone or a small microphone or a sound card.



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(GPC, HRC, KFT, CRWE) Stocks to Watch by StockHotTips.com

August 25th, 2011 at 03:39 pm

Genuine Parts Company (NYSE:GPC) declared a regular quarterly cash dividend of forty-five cents ($.45) per share on the Company's common stock.The dividend is payable October 3, 2011 to shareholders of record September 9, 2011.

Genuine Parts Company distributes automotive replacement parts, industrial replacement parts, office products, and electrical/electronic materials in the United States, Puerto Rico, Canada, and Mexico.



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(OMN, CLNO, COL, FDO) Stocks in Focus by StockHotTips.com

August 25th, 2011 at 03:32 pm

OMNOVA Solutions Inc. (NYSE:OMN) announced its 2010 Technology Award recipients. This annual award program recognizes exemplary technological contributions by associates in OMNOVA's research and development, sales and marketing, technical service, operations, product management, LEAN SixSigma and strategic sourcing organizations.

OMNOVA Solutions Inc. provides emulsion polymers, specialty chemicals, and decorative and functional surfaces for commercial, industrial, and residential end uses primarily in North America, Asia, and Europe.



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(AVGO, ANDE, MRTN, CRWE, DLTR) Noticeable Stocks by StockHotTips.com

August 24th, 2011 at 04:07 pm

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The product portfolio of Avago Technologies Limited (Nasdaq:AVGO) is extensive and includes over 6,500 products in four primary target markets: wireless communications, wired infrastructure, industrial and automotive electronics and consumer and computing peripherals. Avago Technologies is a leading designer, developer and global supplier of a broad range of analog semiconductor devices with a focus on III-V based products.

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Avago Technologies Limited yesterday reported financial results for the third quarter of its fiscal year 2011, ended July 31, 2011, and provided guidance for the fourth quarter of its fiscal year 2011. Net revenue was $603 million, an increase of 8 percent compared with the previous quarter, and up 10 percent from the same quarter last year. Gross margin was $297 million, or 49.3 percent of net revenue. This compares with gross margin of $275 million, or 49.1 percent of net revenue last quarter, and gross margin of $263 million, or 47.8 percent of net revenue in the same quarter last year. Operating expenses were $152 million. This compares with $137 million in the prior quarter and $128 million in the same quarter the previous year. The increase this quarter was primarily due to increased investment in research and development.

Income from operations was $145 million. This compares with $138 million in the prior quarter and $135 million in the same quarter last year. Third quarter net income was $144 million, or $0.57 per diluted share. This compares with net income of $135 million, or $0.54 per diluted share last quarter, and net income of $123 million, or $0.50 per diluted share in the same quarter last year.

Avago Technologies' cash and cash equivalents balance at the end of the third quarter was $704 million, compared to $596 million at the end of the prior quarter. The increase over the previous quarter is primarily due to cash provided by operating activities of $211 million. During the quarter Avago Technologies repurchased and cancelled approximately 1.9 million ordinary shares for an aggregate $68 million and spent $24 million on capital expenditures. In addition, on June 30, 2011 Avago Technologies paid a quarterly cash dividend of 9 cents ($0.09) per ordinary share, totaling approximately $22 million.

For more information about Avago Technologies, please visit: www.avagotech.com

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(CLNO, TRIT, FMFC, KNOL) Stock Highlights by StockHotTips.com

August 24th, 2011 at 04:03 pm

Cleantech Transit Inc (CLNO)

Renewable energy sources are sources which can be produced again and again or come from the never ending sources whereas non renewable energy is limited. The height of non renewable energy crisis can be estimated by the fact that the Gulf has banned 23,500 oil wells due to ill maintenance and contamination of water. Also, the wells need high level of care against leakage and damages. Along with that even if one or two wells are desolated or banned for good, they are highly capable of contaminating water. The experts admit that these wells can leak even after years of sealing. They need to be properly fitted in the land as well while renewable energy sources are inexpensive and easy on maintenance. Renewable energy sources are becoming countries and mass favorites across the world. Most of the countries have even implemented a policy to generate at least 10 percent of the energy from renewable energy sources by the year of 2020.






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(MJGCF.PK, SEIC, ESLT, VVUS) Stocks Under Consideration by StockHotTips.com

August 24th, 2011 at 03:59 pm

MAJESTIC GOLD CORP (MJGCF.PK)

Aerospace engineering also involves the use of gold, however surprising as it may sound. The vehicles manufactured, or launched by NASA include a certain quantity of gold within their composition. Given its excellent conductivity, gold is also used in circuitry. There are certain elements in space vehicles that have polyester film coated with gold on them. The purpose of this film is to reflect infrared radiation, and preserving the temperature of the space vehicles in accordance with the requirements. When this film is not present, some components have the tendency to infuse heat that will give rise to the temperature of the vehicle largely.

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(STMP, BODY, INSU, CLNO) Featured Stocks by StockHotTips.com

August 24th, 2011 at 03:54 pm

Stamps.com Inc. (Nasdaq:STMP) announced its new integration with Teapplix, an e-commerce solution that imports orders from multiple marketplaces into one web page, facilitates shipping and exports sales data into QuickBooks® accounting software.

Stamps.com Inc. provides Internet-based postage solutions. Its products and services include the United States Postal Service (USPS)-approved PC Postage Service that enables users to print electronic stamps directly onto envelopes, plain paper, or labels using personal computer, printer, and Internet connection; and PhotoStamps, a patented form of postage, which allows consumers to turn digital photos, designs, or images into valid United States postage.

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(ITRN, AMGN, CRWE, HSKA) Notable Stocks by StockHotTips.com

August 24th, 2011 at 03:50 pm

Ituran Location & Control Ltd. (Nasdaq:ITRN) announced its consolidated financial results for the second quarter ended June 30, 2011. Revenues of $41.1 million, growing 18% year-over-year. Gross margin at 48.5% and operating margin at 21.2%; EBITDA of $13.0 million or 31.5% of revenues; Net income of $6.6 million, growing 38% year-over-year. Generated $13.9 million in operating cash flow; ended the quarter with $53.6 million in net cash (including marketable securities, and short and long term deposits).

Ituran Location and Control Ltd. provides location-based services and wireless communications products in Israel, Brazil, Argentina, and the United States.




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(EFUT, CLNO, CNET, RLOG) Stocks to Watch by StockHotTips.com

August 24th, 2011 at 03:46 pm

e-Future Information Technology Inc. (Nasdaq:EFUT) announced its unaudited financial results for the second quarter ended June 30, 2011. Total revenue decreased 21% year-over-year to RMB26.7 million (US$4.1 million). Gross profit decreased 44% year-over-year to RMB8.4 million (US$1.3 million). Adjusted EBITDA was minus RMB2.6 million (minus US$0.4 million), compared to RMB3.4 million in the second quarter 2010. Operating loss was RMB7.1 million (US$1.1 million), compared to an operating loss of RMB2.0 million in the second quarter 2010. Net loss was RMB5.5 million (US$0.8 million), compared to a net loss of RMB1.7 million in the second quarter 2010.

eFuture Information Technology Inc. provides integrated software and services to retail and consumer goods industries in the People's Republic of China.



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(FORTY, NABI, CLNO, REED) Stocks Reported From StockHotTips.com

August 24th, 2011 at 03:42 pm

Formula Systems (Nasdaq:FORTY) announced its results for the second quarter of 2011. Second quarter Revenues totaled $165.9 million (Q2 2010: $131.7 million), a 26% increase compared to the same quarter of 2010. Operating income for the second quarter increased by 18% to $13.3 million (Q2 2010: $11.3 million). Net Income attributable to Formula for the second quarter reached $5 million, an increase of 32% compared to $3.8 million for the second quarter of 2010.

Formula Systems (1985) Ltd., through its subsidiaries, operates as an information technology (IT) solutions and services company worldwide.





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(CRWE, ANGN, ADBE, CALD) Stock Updates by StockHotTips.com

August 24th, 2011 at 03:38 pm

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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(WIBC, CRWE, LTXC, BKYF) Stocks in Review by StockHotTips.com

August 24th, 2011 at 03:34 pm

Wilshire Bancorp Inc. (Nasdaq:WIBC) announced that it will report net income available to common shareholders of $2.1 million, or $0.04 per basic and diluted share. These results differ from the preliminary results that were reported in the Company's earnings release for the second quarter of 2011 that was issued on July 26, 2011. On a preliminary basis, the Company had reported a $4.6 million net loss available to common shareholders, or ($0.09) per basic and diluted share, for the second quarter of 2011.

Wilshire Bancorp, Inc. operates as the holding company for Wilshire State Bank that offers a range of financial products and services.




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(CLNO, SGEN, GPIC, ATRN) Stocks in Action by StockHotTips.com

August 24th, 2011 at 03:29 pm

Cleantech Transit, Inc. (CLNO)

Biomass refers to the vast amount of waste matter that is composed of parts from living or recently dead organisms. A dead tree, fallen leaves, animal byproducts and dung are all forms of biomass. All of these can be used to produce alternative fuels that can replace coal and other fossil fuels for producing energy.If people exercise proper conservation techniques, any form of biomass that is harvested to produce energy can be replaced over a period of time. Beneficial biomass use can be considered part of the terrestrial carbon cycle, the balanced cycling of carbon from the atmosphere into plants and then into soils and the atmosphere during plant decay. When biopower is developed properly, emissions of biomass carbon are taken up or recycled by subsequent plant growth within a relatively short time, resulting in low net carbon emissions.




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(KBR, WFC, AKR, RENN, CRWE) Stocks Highlights by StockHotTips.com

August 23rd, 2011 at 04:14 pm

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KBR (NYSE:KBR) is a global engineering, construction and services company supporting the energy, hydrocarbon, government services, minerals, civil infrastructure, power, industrial, and commercial markets. KBR, Inc. was founded in 1901 and is based in Houston, Texas.

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KBR yesterday announced it was awarded a contract by Anadarko Mozambique Area 1, Ltd., to perform a pre-front-end-engineering and design (pre-FEED) study for a prospective Liquefied Natural Gas (LNG) plant in Mozambique, Africa. The award of the contract follows the recent natural gas discoveries by Anadarko and its partners in the Rovuma Basin offshore Mozambique. The pre-FEED study is designed to help Anadarko further assess the viability of developing an LNG facility to export natural gas from the region. Partners in the Joint Venture are Anadarko, ENH, Mitsui, BPRL, Videocon, and Cove.

“KBR is proud to be selected by Anadarko and with a long, proven reputation as a key leader in the development and construction of many of the world's LNG facilities, we will deliver a reliable study in the early stages of this important LNG development,” said Mitch Dauzat, President, Gas Monetization. “KBR consistently delivers complex LNG projects on time and within budget with a demonstrated ability to deliver in challenging, remote locations. We look forward to applying our experience and collaborating closely with Anadarko and partners to meet their goals for this phase of the Mozambique discovery.”

For more information about KBR, please visit: www.kbr.com





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(AL, PBT, CLNO, HGG) Noticeable Stocks by StockHotTips.com

August 23rd, 2011 at 04:09 pm

Air Lease Corporation (NYSE:AL) announced the results of its operations for the second quarter ended June 30, 2011. ALC recorded its second quarterly positive pre-tax income of $10.9 million and net income of $7.0 million and recorded cash flow from operations of $48.5 million.
Air Lease Corporation engages in the purchase and leasing of aircraft. It leases its aircraft to airline customers in Asia, the Pacific Rim, Latin America, the Middle East, and eastern Europe.




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(CRWE, SCG, DPS, NNI) Stocks to Watch by StockHotTips.com

August 23rd, 2011 at 04:05 pm

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."

Read more:-http://stockhottips.com/?p=18427

(DG, CLNO, CRS, CFN) Stocks Under Consideration by StockHotTips.com

August 23rd, 2011 at 04:00 pm

Dollar General Corporation (NYSEBig GrinG) plans to report its financial results for its fiscal 2011 second quarter ended July 29, 2011, on Tuesday morning, August 30, 2011. In connection with the announcement, Rick Dreiling, chairman and chief executive officer, and David Tehle, chief financial officer, will host a conference call on Tuesday, August 30, 2011, at 9:00 a.m. CT/10:00 a.m. ET.

Dollar General Corporation operates as a discount retailer of general merchandise in the southern, southwestern, midwestern, and eastern United States.

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(AIQ, BGG, MJS.V, COH) Stocks Updates by StockHotTips.com

August 23rd, 2011 at 03:54 pm

Alliance Healthcare Services, Inc. (NYSE:AIQ) announced results for the second quarter ended June 30, 2011. Revenue for the second quarter of 2011 was $127.8 million compared to $121.4 million in the second quarter of 2010, an increase of 5.2%. On a sequential quarter basis, revenue increased 7.9% to $127.8 million in the second quarter of 2011 compared to $118.4 million in the first quarter of 2011. Alliance's Adjusted EBITDA (as defined below) was $38.8 million in the second quarter of 2011 compared to $42.5 million in the second quarter 2010, a decrease of 8.7%. On a sequential quarter basis, Adjusted EBITDA increased 6.1% to $38.8 million in the second quarter of 2011 compared to $36.6 million in the first quarter of 2011.

Alliance HealthCare Services, Inc., together with its subsidiaries, provides outpatient diagnostic imaging services and radiation therapy services in the United States.





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(CLNO, CRU, BYI, TGT) Stocks Reported From StockHotTips.com

August 23rd, 2011 at 03:49 pm

Cleantech Transit Inc (CLNO)

Biomass means "natural material." When biomass energy is burned, it releases heat - just like the wood logs in your campfire. Biomass energy uses natural materials like trees and plants to make electricity. It can also mean waste products like trash. Biomass is the second-most common form of renewable energy we use in the United States, providing enough electricity to power more than two million homes.

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





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(DKS, WNS, CRWE, ACM) Featured Stocks by StockHotTips.com

August 23rd, 2011 at 03:44 pm

Dick's Sporting Goods Inc. (NYSEBig GrinKS) reported reported sales and earnings results for the second quarter ended July 30, 2011. The Company reported consolidated non-GAAP net income for the second quarter ended July 30, 2011 of $65.1 million, or $0.52 per diluted share, excluding a $0.07 per diluted share impact from a gain on sale of investment. The second quarter consolidated non-GAAP earnings per diluted share exceeded estimated earnings expectations provided on May 17, 2011 of $0.47 - 0.49 per diluted share. On a GAAP basis, the Company reported consolidated net income for the second quarter ended July 30, 2011 of $73.8 million, or $0.59 per diluted share. The GAAP to non-GAAP reconciliations are included in a table later in the release under the heading "Non-GAAP Net Income and Earnings Per Share Reconciliation." For the second quarter ended July 31, 2010, the Company reported consolidated net income of $51.5 million, or $0.43 per diluted share.





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(EMR, AAT, DDS, CLNO) Stocks in Focus by StockHotTips.com

August 23rd, 2011 at 03:40 pm

Emerson Electric Co. (NYSE:EMR) announced that it has agreed to sell its Heating Products business to NIBE Industrier AB. Terms of the agreement were not disclosed. The sale is expected to close by September 30, 2011. Emerson Heating Products, primarily a North American appliance components business that was established in 1917, is a global leader in heat-related solutions for appliance manufacturing industries including the cooking, dishwasher, and water heater segments. The business has annual sales of approximately $75 million with about 1,100 employees in Murfreesboro, Tenn, USA; Nuevo Laredo, Mexico; and Shenzhen, China.

Emerson Electric Co. operates as a diversified manufacturing and technology company. The company engages in appliance solutions, climate technologies, industrial automation, motor technology, network power, process management, professional tools, and storage solutions businesses.

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(CRWE, HRB, CVC, KAR) Notable Stocks by StockHotTips.com

August 23rd, 2011 at 03:35 pm

Crown Equity Holdings Inc. offers internet media-driven advertising services, which covers and connects a range of marketing specialties, as well as search engine optimization for clients interested in online media awareness.

Crown Equity Holdings Inc., together with its digital network, currently provides electronic media services specializing in online publishing, which brings together targeted audiences and advertisers.





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(GPI, CLNO, WHR, MS) Stocks in Action by StockHotTips.com

August 23rd, 2011 at 03:31 pm

Group 1 Automotive Inc. (NYSE:GPI), announced that its board of directors authorized a program to repurchase up to $25.0 million of the company's common stock. Purchases may be made from time to time, based on market conditions, legal requirements and other corporate considerations, in the open market or in privately negotiated transactions. The company completed its previous $25.0 million share repurchase program that had $3.5 million remaining at June 30. The company expects that any repurchase of shares will be funded by cash from operations. As of June 30, the company had 23.6 million shares of common stock outstanding. Repurchased shares will be held in treasury.

Group 1 owns and operates 105 automotive dealerships, 134 franchises, and 28 collision centers in the United States and the United Kingdom that offer 29 brands of automobiles.

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(GTSI, BONE, PHC, CRWE, BKR) Stocks to Watch by StockHotTips.com

August 22nd, 2011 at 04:31 pm

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Founded in 1983, GTSI Corp. (NASDAQ:GTSI) has helped meet the unique IT needs of more than 1,700 governmental agencies nationwide. GTSI is a leading provider of technology solutions to federal, state, and local governments. 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.

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GTSI, a systems integrator, solutions and services provider to the government, recently 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.

For more information about GTSI, please visit: www.gtsi.com






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(CLNO, CBP, DSS, TIV) Stocks in Action by StockHotTips.com Stocks to Watch!

August 22nd, 2011 at 04:25 pm

Cleantech Transit Inc. originally only aim was to develop opportunities utilizing advances in technology and manufacturing processes in order to develop significant market share in the growing clean energy public transportation sector.

Biofuels can be used to power cars, airplanes, and trains. The two principal biofuels are ethanol and biodiesel. Ethanol is produced by fermenting and brewing biomass. Flexible-fuel vehicles can run on about 85% ethanol. Biodiesel is the combination of alcohol, vegetable oil, animal fat, and recycled cooking grease. It can used to both reduce vehicle emissions and in a pure form, act as a renewable alternative for diesel engines. Biofuels also include methanol and reformulated gasoline components.

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(RVP, LTS, CRWE, CNR) Noticeable Stocks by StockHotTips.com

August 22nd, 2011 at 04:20 pm

Retractable Technologies Inc. (AMEX:RVP) reported an overall unit sales increase of 38.0% for the second quarter of 2011, compared to the second quarter of 2010. Domestic sales accounted for 73.5% and 97.3% of the revenues for the three months ended June 30, 2011 and 2010, respectively. Domestic revenues decreased 19.1% principally due to lower volumes and somewhat lower average prices. International revenues and unit sales increased significantly due to South American sales. Sales in South America comprised more than 90% of international sales. Domestic unit sales decreased 15.3%. Domestic unit sales were 59.0% of total unit sales for the three months ended June 30, 2011.

Retractable Technologies, Inc. designs, develops, manufactures, and markets safety medical products for the healthcare industry in the United States and internationally.





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