Pennytobuck's Personal Finance Blog

Atlantic Power Corporation (NYSE:AT) announced its distribution for the month of September 2011. A dividend of Cdn$0.0912 per common share will be payable on October 31, 2011 to holders of record at the close of business on September 30, 2011. Atlantic Power Corporation designates this dividend to be an "eligible dividend" pursuant to subsection 89(14) of the Income Tax Act (Canada) and its equivalent in any provinces of Canada.

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CSS Industries, Inc. (NYSE:CSS) announced that it has sold the Christmas gift wrap portion of its Cleo Inc ("Cleo") business to Impact Innovations, Inc. ("Impact"). Under the terms of a definitive agreement executed by the parties, Impact acquired, upon execution of the agreement, certain tangible and intangible assets associated with Cleo's Christmas gift wrap business. As part of the transaction, Cleo will remain responsible for the manufacture, sale and distribution of all Cleo Christmas gift wrap for the Christmas 2011 season, and will retain the right to use the "Cleo" name during the Christmas 2011 season. Stifel Nicolaus Weisel served as exclusive financial advisor to CSS in the transaction.

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Majestic Gold Corp. (MJGCF.PK)

Majestic Gold Corp. engages in the acquisition, exploration, and mining of precious metals in China. The company primarily explores for gold deposits. It holds interest in the Song Jiaguo Property located on the Jiaodong Peninsula in Muping County, the Shandong Province. The company is headquartered in Vancouver, Canada.

Read more at: http://pennytobuck.com/?p=17070

RadioShack Corp. (NYSE:RSH) announced the arrival of Verizon Wireless products and services in more than 4,400 U.S. company-operated RadioShack locations and through its website, www.RadioShack.com. Together, RadioShack and Verizon Wireless will celebrate the launch with a series of special offers. Starting, RadioShack customers will have access to industry-leading smartphones, feature phones and mobile broadband devices from the nation's largest wireless carrier. To mark this significant event, RadioShack will offer $100 off* most Verizon Wireless smartphones, including scorching-fast 4G LTE devices such as the DROID BIONIC by MOTOROLA, the DROID CHARGE by Samsung, the Revolution by LG and the ThunderBolt™ by HTC.

Read more at: http://pennytobuck.com/?p=17069

RadioShack Corp. (NYSE:RSH) announced the arrival of Verizon Wireless products and services in more than 4,400 U.S. company-operated RadioShack locations and through its website, www.RadioShack.com. Together, RadioShack and Verizon Wireless will celebrate the launch with a series of special offers. Starting, RadioShack customers will have access to industry-leading smartphones, feature phones and mobile broadband devices from the nation's largest wireless carrier. To mark this significant event, RadioShack will offer $100 off* most Verizon Wireless smartphones, including scorching-fast 4G LTE devices such as the DROID BIONIC by MOTOROLA, the DROID CHARGE by Samsung, the Revolution by LG and the ThunderBolt™ by HTC.

Read more at: http://pennytobuck.com/?p=17069

Global Hunter (GBLHF.PK)

Copper is a chemical element with atomic number 29. Copper is a ductile metal that is a very good heat and electricity conductor. Pure copper is soft and malleable and has a pinkish color. Copper has been commonly used since the Copper Ages. The Romans used copper that was mined in Cyprus. Copper is one of the oldest metals that have been used by man. There are many industrial uses of copper, as well as, everyday uses of copper.

Read more at: http://pennytobuck.com/?p=17068

Global Hunter (GBLHF.PK)

Copper is a chemical element with atomic number 29. Copper is a ductile metal that is a very good heat and electricity conductor. Pure copper is soft and malleable and has a pinkish color. Copper has been commonly used since the Copper Ages. The Romans used copper that was mined in Cyprus. Copper is one of the oldest metals that have been used by man. There are many industrial uses of copper, as well as, everyday uses of copper.

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KapStone Paper and Packaging Corporation (NYSE:KS) announced that they have ranked 20th overall on Fortune's annual list of the 100 Fastest Growing Companies and were ranked the 2nd fastest in the Industrial category. The ranking, from the September 26, 2011 issue of Fortune, is based on revenue growth rate, EPS growth rate, and three-year annualized total return to investors. Roger Stone, Chief Executive Officer, commented, "This is the second year we have placed in the top 20 of the 100 fastest growing companies as ranked by Fortune. We are diligently working to maintain our profitable growth rate."

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General Growth Properties, Inc. (NYSE:GGP) announced the refinancing of Staten Island Mall and Boise Towne Square for loan proceeds totaling $413 million at a weighted average interest rate of 4.78%. Staten Island Mall's new $273 million, 4.77%, 12-year fixed-rate mortgage replaces a $273 million, 6.06% loan that was scheduled to mature in October 2015. This new financing removes $125 million of corporate recourse that was associated with the prior loan. Boise Towne Square's new $140 million, 4.79%, 12-year fixed-rate mortgage replaces a $65 million, 6.64% loan that was scheduled to mature in August 2014. Both loans have 30 year amortization schedules.

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Cleantech Transit Inc. (CLNO)

Biofuels are alternatives to conventional fossil-based fuels. Rather than being created from petroleum, biofuels are all derived from biological material (often called biomass), and can be solid (solid biomass fuels), liquid (liquid fuels), or gaseous (biogases).

Biomass options for making biofuels range from hemp seeds, soybeans, sugar cane, rape seed, palm oil, algae, corn oil, used fryer oil, animal fat, agriculture waste such as straw, and virtually any other kind of plant (or animal) material. Even chocolate can be used because of its high fat content! The fats can both be filtered and used straight in modified engines, or they can be chemically altered, as is the case with biodiesel, to be used in conventional engines.

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Walker & Dunlop, Inc. (NYSE:WD) announced that William M. Walker, Chairman, President and Chief Executive Officer, is scheduled to make a presentation at the JMP Securities Financial Services & Real Estate Conference on Monday, September 26, 2011 in New York. The presentation, scheduled to begin at 10:00 AM EDT, will be broadcast live and archived on the investor relations page of the Walker & Dunlop website at www.walkerdunlop.com.

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Symmetricom, Inc. (NASDAQ:SYMM) announced that Dan Scharre, executive vice president and general manager, Government Business Unit, and Justin Spencer, chief financial officer, will present at the B. Riley Optical Defense and Cybersecurity Conference on Tuesday, Sept. 20, 2011. The presentation is scheduled to begin at 11:20 a.m. Pacific Time at Shutters on the Beach Hotel in Santa Monica, California. The presentation will be webcast and will be available on the Investor Relations section of the company's website at http://www.symmetricom.com.

Read more at: http://pennytobuck.com/?p=17052

Symmetricom, Inc. (NASDAQ:SYMM) announced that Dan Scharre, executive vice president and general manager, Government Business Unit, and Justin Spencer, chief financial officer, will present at the B. Riley Optical Defense and Cybersecurity Conference on Tuesday, Sept. 20, 2011. The presentation is scheduled to begin at 11:20 a.m. Pacific Time at Shutters on the Beach Hotel in Santa Monica, California. The presentation will be webcast and will be available on the Investor Relations section of the company's website at http://www.symmetricom.com.

Read more at: http://pennytobuck.com/?p=17052

Stereotaxis, Inc. (NASDAQ:STXS) announced that executive management will present at the JMP Securities Healthcare Conference to be held September 27-28, 2011 in New York, NY. Michael P. Kaminski, President and Chief Executive Officer of Stereotaxis, is scheduled to present an overview of the Company on Wednesday, September 28, 2011 at 10:30 a.m. ET. A live webcast and subsequent archived replay of the presentation will be accessible at http://www.stereotaxis.com/event_calendar.html.


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Global Hunter (GBLHF.PK)

Gold, whose chemical symbol is Au, is malleable, ductile, and sectile, and its high thermal and electrical conductivity as well as its resistance to oxidation make its uses innumerable. Malleability is the ability of gold and other metals to be pressed or hammered into thin sheets, 10 times as thin as a sheet of paper. These sheets are sometimes evaporated onto glass for infrared reflectivity, molded as fillings for teeth, or used as a coating or plating for parts.

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j2 Global Communications, Inc. (NASDAQ:JCOM) announced that it made this year's InformationWeek 500, an annual listing of the nation'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.

Read more at: http://pennytobuck.com/?p=17049

Majestic Gold Corp. (MJGCF.PK)

Majestic Gold Corp. engages in the acquisition, exploration, and mining of precious metals in China. The company primarily explores for gold deposits. It holds interest in the Song Jiaguo Property located on the Jiaodong Peninsula in Muping County, the Shandong Province. The company is headquartered in Vancouver, Canada.

Read more at: http://pennytobuck.com/?p=17048

Analogic Corporation (Nasdaq:ALOG) announced that it has joined the newly formed Security Manufacturers Coalition. Organized under the Airport Consultants Council (ACC), the coalition will serve as the unified voice of companies that manufacture security screening technology, focusing on aviation and intermodal security issues worldwide. The coalition intends to address issues that most affect security technology companies, such as: partnering with government to create strategic plans for the deployment of screening technologies; partnering with government to define requirements to better drive research and development investments; advocating for efficient and equitable acquisition strategies and processes; and providing attention to ongoing harmonization of international standards and regulations.

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Nevada Gold & Casinos, Inc. (Amex:UWN) announced the filing of a $20 million mixed use shelf Registration Statement on Form S-3 with the Securities and Exchange Commission (the "SEC"). "We believe this shelf registration helps the Company with long term financial planning and will allow us to quickly capitalize on market opportunities should they arise," said Robert Sturges, CEO of Nevada Gold. "The Company has been squarely focused on building value for our shareholders over the past few years and we believe this shelf registration will allow us to continue with that mission as we review and consider additional strategic acquisitions."

Read more at: http://pennytobuck.com/?p=17046

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.

In the busy market, you need to establish and maintain positive brand awareness and client loyalty. Apart from word-of-mouth and leveraging your personal relationships with your established clients, a website is the most important marketing tool a business can have. A regularly updated website with well-written content that maintains people's interest is essential to showing people exactly how your business is distinctive - and how you offer the best value to your clients.

Read more at: http://pennytobuck.com/?p=17045

Uranium Energy Corp (AMEX:UEC) is pleased to announce that it has now completed the acquisition of a South Texas uranium database package (the "Database") from Uranium One. Please see the Company's news release dated August 31, 2011 which provides specific details on the acquired data, as well as the history of the Database. Uranium Energy has issued 159,236 common shares of the Company at a price of $3.14 and has paid $400,000 in cash to complete the purchase of this strategic database which will significantly advance the Company's ongoing exploration efforts in South Texas.

Read more at: http://pennytobuck.com/?p=17044

Urstadt Biddle Properties Inc. (NYSE:UBA) announced its third quarter and nine months financial results for the period ended July 31, 2011. Diluted Funds from Operations (FFO) for the quarter ended July 31, 2011 was $8,196,000 or $0.29 per Class A Common share and $0.27 per Common share, compared to $8,496,000 or $0.34 per Class A Common share and $0.31 per Common share in last year's third quarter. For the first nine months of fiscal 2011, diluted FFO amounted to $26,607,000 or $0.95 per Class A Common share and $0.87 per Common share compared to $21,974,000 or $0.88 per Class A Common share and $0.80 per Common share in the corresponding period of fiscal 2010.

Read more at: http://pennytobuck.com/?p=17026

Majestic Gold Corp. (MJGCF.PK)

Majestic Gold Corp. engages in the acquisition, exploration, and mining of precious metals in China. The company primarily explores for gold deposits. It holds interest in the Song Jiaguo Property located on the Jiaodong Peninsula in Muping County, the Shandong Province. The company is headquartered in Vancouver, Canada.

Read more at: http://pennytobuck.com/?p=17025

Regal Beloit Corporation (NYSE:RBC) will be presenting at the Royal Bank of Canada Capital Markets' 2011 Global Industrials Conference on September 20, 2011 at 3:00pm PT. The presentation will be web-cast and can be accessed at: http://wsw.com/webcast/rbc134/rbc/.

Regal Beloit Corporation, together with its subsidiaries, manufactures and sells electric motors and controls, electric generators and controls, and mechanical motion control products primarily in the United States and Asia.


Read more at: http://pennytobuck.com/?p=17024

Orion Marine Group, Inc. (NYSE:ORN) announced three recent contract awards that total approximately $15 million. Orion Marine Group was awarded dock construction projects along the Texas Gulf Coast that total approximately $15 million. The projects are focused on dock terminal construction for private customers in the natural gas, chemical, and cement businesses.

Read more at: http://pennytobuck.com/?p=17023

Enzo Biochem, Inc. Common Stock (NYSE: ENZ)

Enzo Biochem Inc. recently announced that it has added four highly experienced executives at its Enzo Life Sciences subsidiary to focus on rapidly evolving new pharmaceutical and clinical applications.

The officers, all filling newly created positions, are Bruce Taillon, PhD, as head of global technology business development, John D'Errico, PhD, to lead the commercial merchandising operations, Kara Cannon, as head of global marketing and Paul Munger, PhD, to lead Global Manufacturing.

Read more at: http://pennytobuck.com/?p=17022

The Estée Lauder Companies Inc. (NYSE:EL) announced that its Aramis and Designer Fragrances Division (ADF) will assume the exclusive worldwide license for the fragrance business of Marni, a Milan-based luxury fashion company found by Consuelo and Gianni Castiglioni in 1994. Marni has gained notoriety in the fashion industry with a recognizable and unique aesthetic. The brand reveals a playful charm built on experimentation and research, exclusive prints, combinations of textures and colors. Terms of the deal were not disclosed.

Read more at: http://pennytobuck.com/?p=17021

Frequency Electronics, Inc. (Nasdaq:FEIM) has received over 60 awards of excellence for achievements in providing high performance electronic assemblies for over 125 space programs. Frequency Electronics is a world leader in the design, development and manufacture of high precision timing, frequency control and synchronization products for space and terrestrial applications. The products by Frequency Electronics are used in commercial, government and military systems, including satellite payloads, C4ISR markets, missiles, UAVs, aircraft, GPS, secure radios, SCADA, energy exploration and wireline and wireless communication networks.



Frequency Electronics, Inc. reported revenues for the first quarter of fiscal 2012, which ended July 31, 2011, of $15.9 million, a 31% increase over the $12.1 million recorded in the same quarter of fiscal 2011. Frequency Electronics recorded operating profit of $1.8 million for the quarter ended July 31, 2011, compared to $789,000 in the first quarter of fiscal 2011. Net income for the first quarter of fiscal 2012 was $1.3 million or $0.16 per diluted share compared to $507,000 or $0.06 per diluted share for the first quarter of the prior year.

Frequency Electronics' Chairman of the Board General Joseph Franklin made the following comment: "These results show Frequency is very much on track for our goals of strong revenue growth and increasing profitability this year. As in the preceding quarter this level of revenues reflects the continuing impact of recent new orders for commercial and U.S. Government satellite payloads. Most of our year-over-year revenue growth was generated in our FEI-NY operation. This segment accounted for all of our satellite business and it generated excellent operating profits on the increased revenues. Confirming the high priority of our U.S. Government business, the Company received notice since the end of the last quarter of additional funding on the seventh and eighth of twelve satellites on a long-term government program. Frequency previously completed work on the first six of these satellites. This global communications system is typical of critical government programs to which Frequency is a key supplier and which need to be funded on a continuing and timely basis."

For more information about Frequency Electronics, please visit: www.frequencyelectronics.com.

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Micrel Inc., (NASDAQ:MCRL) introduced the KSZ84xx family of IEEE 1588v2-enabled Ethernet devices for Industrial Ethernet and Power Substation Automation applications. The groundbreaking solution employs Micrel's EtherSynch™ technology, which integrates IEEE 1588v2 distributed synchronization, Ethernet switching, and Precision GPIO in an energy efficient, compact package. The ICs are currently sampling with volume production expected in the first quarter of 2012. For specific pricing, please contact your local Micrel sales office.

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Microchip Technology Inc. (NASDAQ:MCHP) announced it was selected as one of "Arizona's Most Admired Companies" for 2011 by Arizona Business Magazine and BestCompaniesAZ. The award recognizes the contributions and impact that Arizona's Most Admired Companies bring to the state. Microchip earned the award based on its excellence in four categories workplace culture, leadership excellence, corporate and social responsibility, and customer opinion. A selection committee comprised of business leaders and subject-matter experts in the four categories determined the winners. The award is based on employee, customer and community opinions, which are areas in which Microchip has consistently ranked strongly.

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