Wallstreet123's Personal Finance Blog

PennantPark Investment Corporation (NASDAQ:PNNT) declared its fourth fiscal quarter 2011 distribution of $0.27 per share, payable on October 3, 2011 to stockholders of record as of September 23, 2011. Distributions are paid from taxable earnings and may include return of capital and/or capital gains. The specific tax characteristics of the distribution will be reported to stockholders on Form 1099 after the end of the calendar year and in its periodic report filed with the Securities and Exchange Commission.

PennantPark Investment Corporation is a publicly listed business development firm specializing in direct and mezzanine investments in middle market companies.

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SuperGen, Inc. (NASDAQ:SUPG) announced that James S.J. Manuso, Ph.D., chairman and chief executive officer, and Harren Jhoti, Ph.D., president, will present at the Rodman & Renshaw 13th Annual Healthcare Conference on Monday, September 12th in New York as Astex Pharmaceuticals, Inc., subject to final legal and NASDAQ listing approvals.

Supergen, Inc., a pharmaceutical company, primarily engages in the discovery and development of therapies to treat patients with cancer.

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Cleantech Transit Inc (CLNO)

It is only a matter of time when oil and coal will be down in the history books titled under "Once upon a time." So what can we do to change our future? Probably not much, but what we can do is prolong the life of these valuable resources by focusing on to something that is more tangible, like biomass. Biomass already plays a large role in renewable energy, more than all other types of renewable energies combined.

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IRIDEX Corporation (Nasdaq:IRIX) announced the introduction of its new XP Module - a high power factory installed option for the IRIDEX IQ 532 green laser system. The IQ 532 XP is a multifunctional device that can be utilized by ear, nose and throat (ENT) surgeons and ophthalmologists - expanding overall utilization and making a laser investment more attractive. The optional XP module doubles the power of the standard IRIDEX IQ 532, facilitating the rapid and efficient treatment of tissue while limiting unwanted thermal effects and provides ENT surgeons with a portable KTP 532 nm laser system that is optimized for their clinical needs.

IRIDEX Corporation provides therapeutic based laser systems, delivery devices, and consumable instrumentation to treat eye diseases in ophthalmology, and skin conditions in dermatology in the United States and internationally.

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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.

Read more at: http://crwewallstreet.com/?p=21180

Central Bancorp, Inc. (NASDAQ:CEBK) announced that the U.S. Department of Treasury has invested $10.0 million in the Company's preferred stock the Small Business Lending Fund (the "SBLF"). The SBLF is a voluntary program intended to encourage small business lending by providing capital to qualified community banks at favorable rates. The initial interest rate on the SBLF funds will be 5% and may be decreased to as low as 1% if the Company experiences specific growth rates in its small business lending portfolio.

Central Bancorp, Inc. operates as the holding company for Central Co-operative Bank, which provides a range of banking products and services in the northwestern suburbs of Boston, Massachusetts.

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SeaBright Holdings, Inc. (NYSE:SBX) announced that it will participate in the Keefe, Bruyette and Woods 2011 Insurance Conference to be held September 7 and 8, 2011 at The Crowne Plaza Times Square, 1605 Broadway, New York City. John G. Pasqualetto, SeaBright's Chairman, President and CEO, and M. Philip Romney, Vice President of Finance and Principal Accounting Officer, will provide a presentation at 11:05 a.m. in the Broadway I room on Thursday, September 8. The presentation will be webcast for those unable to attend and can be viewed by visiting the KBW website at http://www.kbw.com/news/conferenceInsurance2011_Webcast.html.

SeaBright Holdings, Inc., through its subsidiaries, provides multi-jurisdictional workers compensation insurance for maritime customers, state act customers, and employers in the construction industry.

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Majestic Gold Corp. (MJGCF.PK)

Gold is one of the most useful mineral in the planet. Gold is particularly being used in so many purposes. Since this element is ductile and malleable, it can be hammered in to a remarkably thin sheet or it can be drawn into wire. Other people mix gold with other elements in order to form shapes that can be used as an ornament or display. In some countries, gold symbolizes an accomplishment, beauty and power. Because of the rarity of this element, only those that have means in life have a possession of this element.

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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. 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).

Read more at: http://crwewallstreet.com/?p=21161

Cleantech Transit Inc (CLNO)

Using wastes from crops such as straw and husks as a by-product to produce biomass fuel actually increases the value of the original source crops. When carbon dioxide is released during the combustion process, a carbon sink to sequester this greenhouse gas will start with replanting and oxygen will also be released into the atmosphere as photosynthesis proceeds.
With the ever present pressure on landfill sites to take municipal waste streams, the idea of getting biomass from these sites will ultimately see a cut in waste volumes accumulating in these locations, which are the cause of significant releases of methane, a greenhouse gas with over twenty times the potency of carbon dioxide.

Read more at: http://crwewallstreet.com/?p=21159

Broadridge Financial Solutions, Inc. (NYSE:BR) is pleased to announce that it recently garnered three awards from respected technology services organizations. Financial Technologies Forum (FTF) presented Broadridge with the FTF News Technology Innovations Award for "Enterprise Operations: Most Innovative Mobile Solution." FTF voters selected Broadridge in recognition of its introduction of its new mobile proxy voting platform, Mobile ProxyVote. In a first-of-its-kind, Broadridge's Mobile ProxyVote enables shareholders to vote their proxies over an array of the latest mobile devices, including the iPhone and iPad, as well as BlackBerry, Android, Microsoft and other smartphone and tablet platforms.

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Hormel Foods Corporation (NYSE:HRL) reported its performance for the fiscal year 2011 third quarter. All comparisons are to the third quarter or first nine months of fiscal 2010. All per share results reported here have been adjusted to give effect to the two-for-one stock split, which was effective February 1, 2011. Diluted EPS of $.36 up 13 percent from diluted EPS of $.32, Segment operating profit up 2 percent. Dollar sales of $1.9 billion, up 10 percent, on flat volume. Grocery Products operating profit up 19 percent; volume up 1 percent; dollar sales up 4 percent.

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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. 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).

Read more at: http://crwewallstreet.com/?p=21050

American International Group, Inc. (NYSE:AIG) announced that it has reduced the remaining liquidation preference of preferred interests that the U.S. Department of the Treasury ("Treasury") holds in AIA Aurora LLC ("the AIA SPV") to approximately $9.3 billion by applying the proceeds of approximately $2 billion from the sale of Nan Shan Life Insurance Company, Ltd. ("Nan Shan"). AIG closed the sale of Nan Shan, its Taiwan-based life insurance company, to Ruen Chen Investment Holding Co., Ltd. ("Ruen Chen"), a company owned 80 percent by the Ruentex Group and 20 percent by Pou Chen Corporation, for $2.16 billion in cash.

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Marsh & McLennan Companies, Inc. (NYSE:MMC) announced that its Board of Directors has authorized the share repurchase of an additional $500 million. Combined with the $500 million share repurchase program announced on September 30, 2010, the Company's authorization now totals $1 billion. As disclosed in its second quarter results, the Company had repurchased $321 million, or 11.2 million shares of common stock as of June 30, 2011. The Company continues to repurchase stock in the current quarter.
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Crown Equity Holdings Inc. (CRWE)
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. 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.
Read more at: http://crwewallstreet.com/?p=21047

TRC Companies, Inc. (NYSE:TRR) announced that it has executed a second Exit Strategy® based, risk-sharing transaction with a Midwestern municipal corporation representing a number of cities for the cleanup of multiple solid waste landfills. The contract value is estimated at $10.8 million. TRC began working with the client in 2010 to manage their environmental risk and properly cleanup two landfills in accordance with regulatory requirements. Through this second Exit Strategy transaction, TRC will continue delivering consultative risk management services to achieve project completion at two additional landfills.

Read more at: http://crwewallstreet.com/?p=21046

Nuance Communications, Inc. (NASDAQ:NUAN) announced an agreement to acquire Loquendo, a wholly-owned subsidiary of Telecom Italia. The combination of Nuance and Loquendo’s innovations will advance the proliferation of voice-enabled solutions. In particular, it will accelerate the development of new capabilities that will deliver natural, conversational interactions between consumers and the contact center, automobiles, mobile phones, and other consumer devices in Europe and Latin America.
Read more at: http://crwewallstreet.com/?p=21034

Crown Equity Holdings Inc. (CRWE)
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. 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.
Read more at: http://crwewallstreet.com/?p=21033

Cleantech Transit Inc (CLNO)

According to the government and environmentalists, it is very important for people to look into the advantages of renewable energy. People should begin this search as supplies of fossil fuels are declining world-wide. The demand for power is not abating, so people need to decide if these alternative fuel sources are worthwhile.
Read more at: http://crwewallstreet.com/?p=21032

Radware Ltd (NASDAQ:RDWR) announced that Technology Marketing Corporation (TMC®), a global, integrated media company, has named Radware's Alteon® 5412, DefensePro®, and Content Inspection Director - CID® winners of the 2010 Communications Solutions Product of the Year award. This marks the second consecutive year these Radware solutions have been recognized for this award.

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Cleantech Transit Inc (CLNO)

There are several reasons as to why the different forms of renewable energies are important. The most important reason these forms of energy are important is that they don't have adverse effects on the environment in any way. In fact they're considered safer forms of energy for the earth making it cleaner and free of all fossil fuels. Another very important advantage of these renewable forms of energy is that they'll never come to an end unlike the fossil fuels which might run out of supply after being used so extensively.
Read more at: http://crwewallstreet.com/?p=21030

NuPathe Inc. (NASDAQ: PATH) announced financial results for the quarter ended June 30, 2011 and recent operational highlights. "In the second quarter we continued to make significant progress in preparing for the commercial launch of our migraine patch and we remain firmly on track for a product launch in the first half of 2012. We had a large presence at the American and International Headache Society meetings in June where we presented clinical data on our migraine patch indicating consistent relief of headache pain and nausea from migraine attacks over a 12-month period," said Jane Hollingsworth, chief executive officer of NuPathe.
Read more at: http://crwewallstreet.com/?p=21029

Magic Software Enterprises Ltd. (NASDAQ:MGIC) announced the release of the iBOLT Starter Edition for Salesforce, which offers cloud-based CRM integration for small and mid-size enterprises. The iBOLT Starter Edition is an entry-level edition of Magic Software's award-winning integration platform, designed to support Salesforce accounts of up to 50 named users. All other features, capabilities, and utilities of the iBOLT platform are included, enabling companies to benefit from end-to-end integration with their existing back-end enterprise systems (or with any Force.com® application or Chatter® service) at an affordable price.
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Crown Equity Holdings Inc. (CRWE)
You might wonder what Voice over IP actually is. VoIP stands for Voice over Internet Protocol, the system of placing and receiving calls via an internet connection. VoIP is also commonly referred to as digital phone, broadband phone, internet telephony, IP telephony and broadband telephony. VoIP phones allow businesses to utilize the most advance phone features also offered by traditional land lines but at a fraction of the cost. Businesses can make the most of a digital phone service available by integrating multiple phone lines or even incorporating mobile capabilities.
Read more at: http://crwewallstreet.com/?p=21027

Mannatech, Incorporated (NASDAQ:MTEX) announced receipt of notice from Nasdaq that because the closing per share bid price for the company’s common stock had for 30 consecutive trading days been under $1.00, the company’s listing was out of compliance with Nasdaq Marketplace Rule 5450. In accordance with Nasdaq Marketplace Rule 5810 the company has 180 calendar days, or until February 7, 2012, to regain compliance. This notification has no effect on the listing of the company’s common stock at this time, which will continue to trade on the Nasdaq Global Select Market.
Read more at: http://crwewallstreet.com/?p=21026

http://pennyomega.com/img/noc2.jpg

Northrop Grumman Corporation provides products, services, and solutions in aerospace, electronics, information systems, shipbuilding, and technical service sectors. Its Aerospace Systems segment offers manned and unmanned aircraft, spacecraft, high-energy laser systems, microelectronics, and other systems and subsystems in the areas of intelligence, surveillance, and reconnaissance; communications; battle management; strike operations; electronic warfare; missile defense; earth observation; space science; and space exploration.

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Additional Northrop Grumman Viper Strikes With Moving Target Capability Being Added to KC-130J Arsenal

Northrop Grumman Corporation (NYSE:NOC) has been awarded a contract for additional Viper Strikes munitions to equip the U.S. Marine Corps Harvest Hawk aircraft and bring greater utility to the Marines’ KC-130J refueling and cargo aircraft.

Under the terms of the contract, Northrop Grumman will deliver multiple Viper Strikes beginning this year to the Joint Attack Munition Systems Project Office within the Program Executive Office Missiles and Space at Redstone Arsenal for eventual integration onto the KC-130J platform.

All the Viper Strike munitions on Harvest Hawk will now carry the latest software load that greatly enhances the weapon’s effectiveness against moving targets. During flight testing at China Lake, Calif., Viper Strike scored multiple hits against moving vehicles in various scenarios to prove this new capability.

Viper Strike is a gliding munition capable of precision attack from extended stand-off ranges using GPS-aided navigation and a semi-active laser seeker. Its small size, precision and high agility provide a very low collateral damage weapon that can be used in the difficult operational environments where U.S. troops may be deployed.

“In today’s irregular warfare environment, Viper Strike provides the right characteristics needed to support our warfighters in the current fight - high precision and agility to hit moving and stationary targets in complex terrain and with very low collateral damage,” said Steve Considine, programs director, Aviation and Weapons for Northrop Grumman’s Land and Self Protection Systems Division. “The KC-103J represents the latest military airborne asset to be equipped with Viper Strike’s formidable capabilities.”

Viper Strike munitions are produced at the company’s Huntsville, facility.

Please visit www.northropgrumman.com for more information.

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Plains All American Pipeline, L.P. (NYSE:PAA) and PAA Natural Gas Storage (NYSE:PNG) announced that they have renewed and extended their principal bank credit facilities. PAA's new credit facilities include a $1.6 billion five-year senior unsecured revolving credit facility and an $850 million two-year senior secured Hedged Inventory Facility. Both facilities contain accordion features which permit PAA (subject to receipt of incremental lender commitments) to increase borrowing capacity to $2.1 billion and $1.35 billion respectively. In connection with these transactions, PAA terminated a $500 million, 364-day liquidity facility that was scheduled to expire on January 2, 2012.
Read more at: http://crwewallstreet.com/?p=21019

Crown Equity Holdings Inc. (CRWE)
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.
Read more at: http://crwewallstreet.com/?p=21018

HealthSouth Corporation (NYSE:HLS) announced it will participate in Baird's 2011 Healthcare Conference in New York City on Sept. 7-8, 2011. HealthSouth President and Chief Executive Officer, Jay Grinney, will participate in a fireside chat presentation on Thursday, Sept. 8, 2011 at 11 a.m. ET. The presentation will be webcast live and will be available at http://investor.healthsouth.com by clicking on an available link.

Read more at: http://crwewallstreet.com/?p=21017