Wallstreet123's Personal Finance Blog

Majestic Gold Corp. (MJGCF.PK)

Chemical properties of gold permanently resist rust and tarnish making it prized among jewelry makers. The arrangement of gold's electrons is responsible for the lustrous yellow color. Yellow and rose gold colors do not change, fade or chip. White gold requires silver alloys that result in a gray finish. White gold jewelry is often plated with rhodium and platinum for a whiter look.

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Celestica Inc. (NYSE:CLS) announced that it made this year's InformationWeek 500, an annual listing of North America's most innovative users of business technology. The 2011 list was revealed last night at a gala awards ceremony at the exclusive InformationWeek 500 Conference taking place at the St. Regis Monarch Beach Resort, Dana Point, CA. "Celestica's approach to IT innovation is to deliver strategic value to our customers and support their long- and short-term growth and profitability," said Mary Gendron, Chief Information Officer, Celestica. "To be listed in the InformationWeek 500 as an innovative user of business technology demonstrates our commitment to providing value and results for our customers."

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Eli Lilly and Company (NYSE:LLY) announced a $30 million commitment over five years to fight the rising burden of non-communicable diseases in developing nations. Lilly is launching The Lilly NCD Partnership, which combines the company's unique resources with the expertise of leading global health organizations, to identify new models of patient care that increase treatment access and improve outcomes for underserved people. The partnership will initially focus on diabetes a core business area in which Lilly has deep expertise.

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Enzo Biochem Inc. (ENZ)

The use of biological cleaning agents is another area of potential bene?t of biotechnology, especially where there is a need to remove oils and fats from process equipment, work surfaces or drains. Aside from typically reducing energy costs, this may also obviate the need for dangerous chemical agents. The pharmaceutical and brewing industries, for example, both have a long history of employing enzyme-based cleaners to remove organic residues from their process equipment.

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FirstEnergy Corp. (NYSE:FE) announced that Executive Vice President and Chief Financial Officer Mark T. Clark will conduct an investor presentation and participate in a panel discussion at the Bank of America/Merrill Lynch 2011 Power & Gas Leaders Conference, September 21, 2011. The presentation will begin at approximately 1:30 p.m. EDT. A live webcast of the presentation can be accessed via FirstEnergy's investor information website - www.firstenergycorp.com/ir.

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Ralcorp has created value through its growth, consistency and credibility. Through the years, Ralcorp has sustained its stability and has evolved from the industry leader for private label food to The premier mid-cap food company offering a balanced product portfolio.

After all, everyone has to eat!




ConAgra Foods Reaffirms Its $94 Per Share All-Cash Proposal to Acquire Ralcorp Holdings

Will Withdraw Proposal Unless Ralcorp Begins Negotiations by September 19



ConAgra Foods recently reiterated its $94 per share, all-cash proposal to acquire Ralcorp Holdings, Inc. (NYSE:RAH). Ralcorp previously rejected this proposal, without dialogue with ConAgra Foods, on August 12, 2011.

Since August 12, ConAgra Foods has heard from many of Ralcorp’s shareholders who are urging Ralcorp to enter into negotiations with ConAgra Foods based on the strength of ConAgra Foods’ compelling $94 per share all-cash proposal. However, Ralcorp has continued to refuse ConAgra Foods’ attempts to engage privately and hold a constructive discussion regarding the strong value, strategic logic and certainty of its proposal.

As part of ConAgra Foods’ recent attempt to enter into discussions with Ralcorp, ConAgra Foods sent a presentation to Ralcorp’s Board of Directors, emphasizing the superior value and certainty of ConAgra Foods’ proposal. Despite repeated attempts by ConAgra Foods since its initial letter was sent to Ralcorp on March 22, 2011, Ralcorp has been unwilling to engage in discussions of any nature with ConAgra Foods. Ralcorp’s Board has reiterated that it is singularly focused on pursing a separation of its businesses as announced on July 14, 2011.

ConAgra Foods continues to believe its proposal of $94 per share in cash provides present value in excess of what Ralcorp can achieve on its own, including through its announced spin-off plans.

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EnerNOC, Inc. (NASDAQ:ENOC) announced that it has been selected by the Alberta Electric System Operator (AESO) to provide 150 megawatts of automated demand response through its DemandSMART™ comprehensive demand response application. By leveraging DemandSMART in AESO's Load Shed Service for Imports Program, EnerNOC expects to increase the transfer capability of the Alberta-B.C. intertie, enabling the AESO to increase its ability to import electricity from other jurisdictions and ultimately deliver reliable, cost-effective service to Alberta's electricity users.

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Majestic Gold Corp. (MJGCF.PK)

Gold has a varied history- It is used for more than making gold jewelry
Gold is a precious metal. Historically, it has been used for stores of value (bars) for jewelry, electronics, dentistry, and as actual money (coinage). It is a yellow element found in nuggets that can actually be ruby or black when divided.
It is the most malleable metal known. When other elements are it forms alloys. This will increase the hardness and can create exotic colors. Adding copper gives a redder color, iron more blue, platinum white, aluminum creates purple.

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Cleantech Transit Inc. (CLNO)

By using renewable energy resources, we help create more jobs in the field. The development of renewable energy sources is the trend of the world's energy policies. The worldwide market for renewable energy is growing fast. For example, in Brazil, ethanol produced from sugar cane provides 20% of the country's requirements of automotive fuel.

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Cypress Semiconductor Corp. (Nasdaq:CY) announced that its Senior Vice President and Treasurer, Neil Weiss, has the flu and will not be able to address the ThinkEquity Partners' 8th Annual Growth Conference, which was scheduled to occur on Wednesday, September 14 in New York Cypress's September 15 presentation at Deutsche Bank's Technology Conference in Las Vegas is still on schedule. That presentation, by Cypress Executive Vice President of Finance and CFO Brad Buss, will begin at 8:05 a.m. Pacific Time (11:05 a.m. Eastern Time). It will be webcast live, and will be available on-demand for two weeks following the event through Cypress's website at http://www.cypress.com/investors.

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Synchronoss Technologies, Inc. (NASDAQ:SNCR) announced that it will host The 2011 Connect - Sync - Activate Summit in September in Napa, California. This three-day, invitation-only event is a connected device-centric forum, bringing together a diverse group of original equipment manufacturers (OEMs) and original device manufacturers (ODMs) to discuss device enablement in an LTE ecosystem. Verizon Wireless will participate in the event and discuss how OEMs and ODMs can leverage Synchronoss and the SmartMobility® product of ConvergenceNow®Plus+ as an LTE device enablement platform to connect, activate and sync connected devices.

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Johnson Controls (NYSE:JCI) announced its inclusion on both the World and North America Dow Jones Sustainability Indexes (DJSI) for 2011. This is the seventh consecutive year Johnson Controls has been named to both DJSI indexes. DJSI works in partnership with SAM, an investment boutique focused exclusively on Sustainability Investing that tracks the performance of the leading sustainability-driven companies worldwide. Johnson Controls is the only North American company under the Automobiles and Parts category named to the prestigious World Index, and only one of two companies in that category named to the North America Index.

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Lear Corporation (NYSE:LEA) will webcast its management presentation at the UBS Frankfurt Auto Show Investor Conference in Frankfurt, Germany on Tuesday, September 13, 2011. The webcast begins at 5:30 am EDT and will run approximately forty-five minutes. The audio webcast link will be available on the corporate website at http://www.lear.com.

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Chicago Bridge & Iron Company N.V. (NYSE:CBI) has declared an interim dividend on common stock of $0.05 per share, payable September 30, 2011 to shareholders of record as of September 20, 2011. CB&I (NYSE:CBI) engineers and constructs some of the world's largest energy infrastructure projects. With premier process technology, proven EPC expertise, and unrivaled storage tank experience, CB&I executes projects from concept to completion. Safely, Reliably, Globally. For more information, visit www.cbi.com.

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Majestic Gold Corp. (MJGCF.PK)

Gold has been one of the most valuable and coveted metals for as long as man have dug it up from the earth. Not only is it strikingly beautiful in its pure form, but it also has many interesting chemical and physical properties that make it quite unique from other metals.

Majestic Gold Corp. 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.

Read more at: http://crwewallstreet.com/?p=21287

ClearOne Communications, Inc (NASDAQ:CLRO) announced the residential market introduction of six new innovations for its StreamNet™ IP-based AV distribution and control system. The products are being shown this week in Indianapolis at the annual CEDIA Expo, the world's largest trade show devoted to professionally-installed residential electronic systems. Featured products include a cloud-based music management system that provides global access to a user's complete music library located anywhere on the network; a new compact, high-power 2x150 watt-per-channel amplifier; and a new digital tuner, compatible with two StreamNet controller/amplifiers with built-in web servers to tune in and play MP3 Internet radio streams. The company will also debut three AV products to the residential market.

Read more at: http://crwewallstreet.com/?p=21270

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BankAtlantic (BBX)

BankAtlantic in Fort Lauderdale was one of the most profitable institutions in Florida during the second quarter with earnings of $30.7 million.

BankAtlantic (NYSE:BBX) declared recently the conversion to a new web-based Mobile Banking platform powered by Intuit Financial Services. BankAtlantic's new and improved service is exclusively designed for the most common mobile phone devices.

Read more at: http://crwewallstreet.com/?p=21283

Huntington Ingalls Industries, Inc. (NYSE:HII)

HII recently announced that its Ingalls Shipbuilding division has received a $482.8 million fixed-price-incentive-firm contract from the U.S. Coast Guard for the construction of a fifth National Security Cutter. Construction and delivery of the yet-to-be-named WMSL 754 will be performed at the company’s Pascagoula facility.

Ingalls has delivered the first three NSCs, which are the flagship of the Coast Guard’s cutter fleet, designed to replace the 378-foot Hamilton-class High-Endurance Cutters, which entered service during the 1960s. Stratton (WMSL 752), the third of eight planned ships in this new class of highly capable, technologically advanced multi-mission cutters, was delivered to the Coast Guard on Sept. 2. Bertholf (WMSL 750) and Waesche (WMSL 751) have been commissioned and are successfully executing Coast Guard missions.

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Sucampo Pharmaceuticals, Inc. (NASDAQ:SCMP) announced that its Board of Directors has approved the repurchase of up to an aggregate of $2,000,000 of its Class A common stock out of the $10,000,000 authorized by the Board on December 9, 2008. At that time, the Board authorized a stock repurchase program in which the Company may use up to $10,000,000 to purchase shares of its Class A common stock. The repurchases will be made from time to time on the open market at the prevailing market prices or in negotiated transactions off the market. The repurchase program is expected to continue through to the third quarter of 2012 unless extended or shortened by the Board of Directors.

Read more at: http://crwewallstreet.com/?p=21272

Sucampo Pharmaceuticals, Inc. (NASDAQ:SCMP) announced that its Board of Directors has approved the repurchase of up to an aggregate of $2,000,000 of its Class A common stock out of the $10,000,000 authorized by the Board on December 9, 2008. At that time, the Board authorized a stock repurchase program in which the Company may use up to $10,000,000 to purchase shares of its Class A common stock. The repurchases will be made from time to time on the open market at the prevailing market prices or in negotiated transactions off the market. The repurchase program is expected to continue through to the third quarter of 2012 unless extended or shortened by the Board of Directors.

Read more at: http://crwewallstreet.com/?p=21272

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enzo-logoEnzo Biochem, Inc. (ENZ)

Biotechnology is the use of biological processes, organisms, or systems to manufacture products intended to improve the quality of human life. The earliest biotechnologists were farmers who developed improved species of plants and animals by cross pollenization or cross breeding. In recent years, biotechnology has expanded in sophistication, scope, and applicability.

Read more at: http://crwewallstreet.com/?p=21271

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ClearOne Communications, Inc (NASDAQ:CLRO) announced the residential market introduction of six new innovations for its StreamNet™ IP-based AV distribution and control system. The products are being shown this week in Indianapolis at the annual CEDIA Expo, the world's largest trade show devoted to professionally-installed residential electronic systems. Featured products include a cloud-based music management system that provides global access to a user's complete music library located anywhere on the network; a new compact, high-power 2x150 watt-per-channel amplifier; and a new digital tuner, compatible with two StreamNet controller/amplifiers with built-in web servers to tune in and play MP3 Internet radio streams. The company will also debut three AV products to the residential market.

Read more at: http://crwewallstreet.com/?p=21270

Layne Christensen Company (Nasdaq:LAYN) announced net income for the second quarter ended July 31, 2011, of $10,610,000, or $0.54 per diluted share, compared to net income of $6,450,000, or $0.33 per diluted share last year. Revenues increased $41,752,000, or 16.5%, to $295,052,000, for the three months ended July 31, 2011, and $78,408,000, or 16.2%, to $562,423,000 for the six months ended July 31, 2011, as compared to the same periods last year.

Layne Christensen Company and its subsidiaries provide drilling and construction services and related products to the water infrastructure and mineral exploration markets.

Read more at: http://crwewallstreet.com/?p=21269(LAYN, CLNO, AGEN, GOLF) Stock under Consideration by CRWEWallStreet.com

Champion Industries, Inc. (NASDAQ:CHMP)

Champion Industries, Inc. is a commercial printer, business forms manufacturer and office products and office furniture supplier in regional markets east of the Mississippi. Champion also publishes The Herald-Dispatch daily newspaper in Huntington, WV with a total daily and Sunday circulation of approximately 23,000 and 29,000, respectively.



Champion Industries, Inc. previously released its first comparable quarterly increase in revenues since the start of the worldwide economic meltdown in 2008. Champion Industries, Inc. reported earnings for the third quarter of 2011 of $876,000, or $0.09 per share, compared to a loss of $(571,000), or $(0.06) per share, for the same period in 2010. Net income for the nine months ended July 31, 2011 was $1.4 million, or $0.14 per share, on a basic and diluted basis. This compares to a loss of $(450,000), or $(0.05) per share, on a basic and diluted basis in the nine months ended 2010.

CHMP serves its customers through the following companies/divisions: Chapman Printing (West Virginia and Kentucky); Stationers, Champion Clarksburg, Capitol Business Interiors, Garrison Brewer, Carolina Cut Sheets, U.S. Tag and Champion Morgantown (West Virginia); Champion Output Solutions (West Virginia); The Merten Company (Ohio); Smith & Butterfield (Indiana and Kentucky); Champion Graphic Communications (Louisiana); Interform Solutions and Consolidated Graphic Communications (Pennsylvania, New York and New Jersey); Donihe Graphics (Tennessee); Blue Ridge Printing (North Carolina) and Champion Publishing (West Virginia, Kentucky and Ohio).

For more info about Champion Industries, Inc. visit http://www.champion-industries.com

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Solera Holdings, Inc. (NYSE:SLH) announced that it has purchased See Progress, Inc., a market-leading, U.S.-based provider of vehicle repair status software applications. Collision repair shops use See Progress's AutoWatch application to capture and transmit real-time text and photo-based vehicle repair status to insurers and vehicle owners that can reduce call-handling costs, increase throughput and enhance customer satisfaction and retention.

Solera Holdings, Inc., together with its subsidiaries, provides software and services to the automobile insurance claims processing industry.

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Demand Media (NYSEMD) announced that Chairman and CEO Richard Rosenblatt and President and CFO Charles Hilliard will be presenting at the Deutsche Bank 2011 Technology Conference in Las Vegas, Nevada, on Thursday, September 15, 2011, at 2:45 pm Pacific/5:45 pm Eastern time. The presentation will be open to all interested investors through a live audio Web broadcast via the Internet on the company's investor relations page at ir.demandmedia.com.

Demand Media, Inc., together with its subsidiaries, operates as a content and social media company in the United States. It identifies, creates, distributes, and monetizes in-demand, long-lived content.

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http://pennyomega.com/img/clno.jpg Cleantech Transit Inc. (CLNO)

In a time of fuel price fluctuation, the use of renewable energy may offer, along with environmental benefits, greater stabilization of electricity costs. The pricing volatility of fossil fuels, along with the difficulty of forecasting fossil fuel prices, puts energy customers and providers at risk from fluctuating energy rates. Renewable energy generation brings with it the price stability benefits of free-fuel generation from emerging technologies such as solar, wind, small hydro, and geothermal sources. Renewable energy costs tend to be stable or decreasing over time, compared to rising or fluctuating costs for fossil fuel. With certain factors in place, it has been demonstrated that renewable energy can be effectively priced at or below the cost of conventional sources.

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Roadrunner Transportation Systems, Inc. (NYSE:RRTS), a leading asset-light transportation and logistics services provider, announced it has closed the merger with Prime Logistics Corporation ("Prime") and related financing. Originally announced on August 23, consideration for the acquisition was approximately $97.5 million, consisting of $94.5 million in cash and $3.0 million in stock. To finance the transaction, Roadrunner expanded its credit facility to $240 million.

Roadrunner Transportation Systems, Inc. operates as a non-asset based transportation and logistics Service Company.

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Exelon Corporation (NYSE:EXC) announced the senior executives that will be reporting directly to President and CEO Christopher M. Crane following completion of the Exelon-Constellation merger, anticipated in early 2012. "I was pleased to announce a senior leadership team of very qualified individuals who are the best in the energy business. In the coming months, as we continue to work toward the successful completion of Exelon's merger with Constellation and create the nation's leading competitive energy provider, this team will be integrally involved with the integration planning process and in helping shape the ultimate design of the new company," said Crane.

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http://pennyomega.com/img/wrc.jpg

Warnaco Group, Inc. (NYSE:WRC) also operates 1 online swimwear store in the United States. Warnaco Group's online stores include SpeedoUSA.com, Calvinkleinjeans.com, and CKU.com. The Warnaco Group, Inc. was founded in 1874 and is based in New York, New York. The Warnaco Group, headquartered in New York, is a leading global apparel company engaged in the business of designing, sourcing, marketing and selling men’s, women’s and children’s sportswear and accessories, intimate apparel, and swimwear under such owned and licensed brands as Calvin Klein®, Speedo®, Chaps®, and Warner's® and Olga®.

http://pennyomega.com/img/stwsep8.png

The Warnaco Group, Inc. yesterday announced that its board of directors has approved a new multi-year share repurchase program for up to $200 million of the Company's outstanding common stock. As of August 31, 2011, the Warnaco Group completed its previously announced 2010 share repurchase program, under which five million shares of common stock were repurchased. All repurchases of shares under the new program will be made consistent with the terms of the Warnaco Group's applicable debt instruments.

The Warnaco Group, Inc., together with its subsidiaries, designs, sources, markets, licenses, and distributes a range of intimate apparel, sportswear, and swimwear worldwide. It offers sportswear for men, women, and juniors, including jeanswear, knit and woven shirts, tops, and outerwear; intimate apparel comprising bras, panties, sleepwear, loungewear, shapewear, and daywear for women, as well as underwear and sleepwear for men; and swimwear for men, women, juniors, and children, including swim accessories, and fitness and active apparel. Warnaco Group offers its products primarily under the Calvin Klein, Speedo, Chaps, Warner?s, and Olga brand names.

Warnaco Group distributes its products primarily to wholesale customers through various distribution channels, including department stores, independent retailers, chain stores, membership clubs, mass merchandisers, and the Internet, as well as specialty, off-price, and other stores; and through dedicated retail stores. As of April 2, 2011, Warnaco Group operated 512 Calvin Klein sportswear retail stores consisting of 108 full price free-standing stores, 54 outlet free standing stores, 349 shop-in-shop/concession stores, and 1 online store in the United States, as well as 372 retail stores operated by third parties under retail licenses or distributor agreements; and 931 Calvin Klein intimate apparel retail stores consisting of 91 full-price free-standing stores, 65 outlet free-standing stores, 774 shop-in-shop/concession stores, and 1 online store in the United States, as well as 198 Calvin Klein retail stores operated by third parties under retail licenses or distributor agreements.

For more information about The Warnaco Group, please visit www.warnaco.com

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