PennyOmega.com Stock Report! 8/05/09, SAP, ADTN, PQ, XSEL, SFE, ACTG
PennyOmega.com Stock Report!
PennyOmega.com Hot Stock News & Alerts!
Wednesday August 5, 2009
PennyOmega.com Stock Report!
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SAP AG (NYSE: SAP) today announced the continued success of hosted offerings from its channel partners for midsize companies, enabling customers to better respond to the changing market conditions. SAP midsize customers worldwide, including Clariant Southern Africa (Pty), in South Africa; Eval Europe, in Belgium; General Moly, in the U.S.; Pharmanova Zrt, in Hungary; Songwon Ind. Co., Ltd, in Korea; Starbucks, in Switzerland; Vincenz Harrer, in Austria; and Wunderloop Media Services, in Germany, have chosen hosting as an alternative to the traditional on-premise deployment option, allowing midsize companies to implement and run the SAP(R) Business All-in-One solutions without the need to hire and train dedicated IT staff to implement and manage the software. SAP Business All-in-One is comprehensive and flexible software for midsize companies with deep industry best practices built-in.
ADTRAN(R), Inc. (NASDAQ: ADTN), announced today that Technology Marketing Corporation (TMC) has awarded the NetVanta(R) 1534 Power over Ethernet (PoE) switch a 2008 Communications Solutions Product of the Year Award. This innovative switching solution addresses the demand for sustainability in the network with unique power conservation functionality that reduces power consumption and provides enhanced security.
PetroQuest Energy, Inc. (NYSE: PQ) announced today that the Company recorded net income available to common stockholders for the quarter ended June 30, 2009 of $7,746,000, or $0.15 per share, compared to second quarter 2008 net income available to common stockholders of $21,775,000 or $0.41 per share. For the first six months of 2009, the Company reported net loss available to common stockholders of $59,211,000, or $1.20 per share, compared to net income available to common stockholders of $35,936,000, or $0.69 per share, for the 2008 comparable period.
Xinhua Sports & Entertainment Limited (Nasdaq: XSEL), a leading sports and entertainment media company in China, today announced that it has secured the rights to distribute the first annual 2009 Freestyle Fighting (”Wushu San Da” in Mandarin) Tournament organized by the Chinese Kung Fu Association (”CKA”). XSEL is planning to bring this thrilling freestyle martial arts tournament to Chinese viewers via nationwide television, internet and mobile phone platforms in China.
MediaMath, the leading digital media-buying platform and services company, today announced that it has secured $12.5 million in venture capital and debt financing. The $10 million in venture financing was led by Safeguard Scientifics, Inc. (NYSE:SFE), a holding company that builds value in growth-stage life sciences and technology companies, with participation from QED Investors, a fund created by Capital One co-founder Nigel Morris, and European Founders Fund. An additional $2.5 million in debt financing was secured from Silicon Valley Bank. MediaMath will use the proceeds to fund its continued expansion — with a focus on technology research and product development, executive and staff recruitment, tactical acquisitions, and geographic expansion.
Acacia Research Corporation (Nasdaq:ACTG) announced today that its subsidiary, International Printer Corporation, has entered into a settlement and license agreement with Xerox Corporation covering a patent portfolio that relates to networkable multifunction printer technology. This agreement resolves patent litigation that was pending in the United States District Court for the Eastern District of Texas.
Source: E-Gate System from Alphatrade.com
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