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MondayJan 28, 2008 5:27 pm

Earnings and Other Matters

With a heavy calendar for economic news slated for this week, along with a new batch of earnings reports, the markets may re-test the near-term bottoms they put in last week. The economic calendar led off with the new home sales figures today, bad news which continued for the battered housing industry. The numbers showed the biggest drop in new home sales yet. Tomorrow, durable goods orders and the one week same store sales figures will give a one-two punch as far as how both businesses and consumers are reacting to the economic roiling of the last couple weeks. The…

MondayJan 28, 2008 5:27 pm

Peru-based Stratos Renewables Corp. (SRNW.OB) to Benefit from Conclusion of Free-Trade Agreement

David Emerson, minister of International Trade, noted two important milestones that include concluding trade negotiations with Peru as well as a signed free trade agreement with four countries of the European Free Trade Association, which may help breathe life into Canada’s political and economic relationships in the Americas. “Peru has emerged as one of the most dynamic economies in the Americas, supported by an aggressive commerce agenda and clear stance in favor of trade liberalization,” Minister Emerson said in a statement. In 2006, two-way merchandise trade between Canada and Peru was $2.4 billion. Canada is one of Peru’s largest foreign…

MondayJan 28, 2008 5:25 pm

Denny's Corp (DENN) Takes Aim at Fast Food Restaurants in Its Launch of Scrappy Real Breakfast Leadership Strategy

Denny's Corp. (DENN), America's beloved brand that's been serving up breakfast for more than 50 years, announced that the company is to begin challenging fast restaurants for the first time. Specifically, Denny's utilized creative muscle of their agency of record to help accomplish this goal. Both brands immersed themselves in the development of an aggressive integrated communications campaign entitled "Don't Fall for Fake." From national broadcast, diverse digital, PR, in-store merchandise, and guerrilla marketing efforts, the scrappy campaign targets men and women 25-40 and reinforces the overwhelming appeal of real, as consumers are faced with real versus fake. Denny's will…

MondayJan 28, 2008 5:23 pm

NewMarket Technology, Inc (NMKT.OB) Announces Anticipated Increased Revenues

NewMarket Technology, Inc (NMKT.OB) announced that the company will be adding Mobile Computing Solution products to their current product portfolio. Specifically, these products will consist of mobile software, mobile security and mobile access products. NewMarket anticipates an additional $20 million in sales during the year 2008 resulting from their new Mobile Computing Solution offering, pushing total revenue past the $100 million mark. The Mobile Computing Industry includes mobile application and security software used on devices such as handheld computers, PDAs, smartphones and cell phones. The demand for mobile software applications is being driven by the growing penetration of mobile phone…

MondayJan 28, 2008 5:21 pm

Dynamic Response Group, Inc (DRGP.OB) Lands Exclusive Deal to Market NASCAR

Dynamic Response Group, Inc (DRGP.OB), a leading innovator of strategic marketing solutions, announced that the company has signed an exclusive three year deal to market The Official NASCAR Members Club to the 75+ million estimated NASCAR fans residing in the US. Melissa K. Rice, CEO, stated, "NASCAR has a tremendous brand, and we recognized the opportunity to take its brand to the next level with our affinity marketing program. In working on this initiative for NASCAR, we have established an invaluable model that we can replicate with other brands around the world. This represents an exciting opportunity for us, and…

MondayJan 28, 2008 5:19 pm

Paradigm Medical Industries, Inc (PMED.OB) Signs an Exclusive Distribution Agreement With Italy's LACE Elettronica

Paradigm Medical Industries, Inc (PMED.OB), a leader in glaucoma diagnostic and management devices, announced that the company has signed an exclusive agreement with LACE Elettronica. Under the terms of this agreement, LACE is to distribute the company's proprietary GLAID electrophysiology instrument for the early detection of glaucoma. GLAID is a revolutionary diagnostic device that utilizes Pattern Electroretinogram technology to measure the degree of glaucoma in a patient. The GLAID device was approved by the U.S. Food and Drug Administration in 2007. GLAID has also undergone extensive testing and clinical studies in the U.S., Canada and Italy. Raymond Cannefax, Paridigm Medical's…

MondayJan 28, 2008 5:13 pm

Some Tech Stocks Reviewed

Many tech stocks have been slammed down in the general market thrashing that’s taken place. In the latest bloodletting just prior to the Fed rate cut, all sectors have been hit; the good with the bad have been thrown down. One such name, Tellabs, Inc. (NYSE: TLAB), has had a rough year, falling from a high of more than $13 per share down to a year-low of $5, recently trading at around $6. This is more than a 100% drop for the telecommunications equipment maker and provider. It earned only 1 cent per share earnings this quarter compared to 7…

MondayJan 28, 2008 5:09 pm

Pressure Biosciences Inc. (PBIO.OB) Intends to Continue Adding Additional Research and Development Projects as well as Personnel to Expand Product Substantiation

In an effort to commercialize its products, the company is adding research scientists. They believe that investment in these additional personnel will be beneficial to the implementation of its commercialization plan in two key ways. First, through the publication of uses for current products, and secondly through further inventions that rely on the company’s PCT™ technology. This will ultimately expand the scope of its current products and projects enhancing the company’s strategic position. A recent study conducted noted that the company’s PCT™ technology helped identify potential colon Biomarkers. Annual Scientific Meeting of the American College of Gastroenterology (ACG) presented the…

MondayJan 28, 2008 5:01 pm

Robbins & Myers, Inc. (RBN) Announces 2-for-1 Stock Split and Cash Dividend

Robbins and Myers, Inc. (RBN) announced that its Board of Directors declared a 2-for-1 stock split of the company’s common shares, to be effected in the form of a share dividend. Shareholders will receive one additional share for each common share of Robbins & Myers, Inc. owned as of the close of business on the record date of February 4, 2008. The additional shares will be issued on February 28, 2008. As a result of the stock split, the number of common shares issued and outstanding will increase from approximately 17.2M shares to approximately 34.4M shares. The Board of Directors…

MondayJan 28, 2008 2:36 pm

January 28th CEOcast Weekly Newsletter

In a volatile week caused by markets plunging around the globe, the major averages were spared a large drop by the largest cut in the federal funds rate in more than twenty years. The Dow finished the week up 108 points, reducing its year to date loss to 8%. Nasdaq, the only average to drop during the week, lost 14 points as it continued its slide, bringing its year to date loss to 12.3%. The S&P 500 rose a modest 5 points, keeping its year to date loss at 9.4%. The Russell 2000 rose 15 points for the week, mollifying…

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