| Zacks Analyst Interview Highlights: Trident Microsystems ...
CHICAGO-(Business Wire)-April 9, 2007 - Zacks.com releases the latest Analyst Interview. Today's interview is with Director of Small-Cap Institutional Research Ian T. Gilson, who discusses Trident Microsystems (Nasdaq: TRID), Pixelworks (Nasdaq:PXLW) and Genesis Microchip (Nasdaq: GNSS). .
For New Douglass High
Memphis City Schools (MCS) has filed an $18 million permit application with the city-county Department of Construction Code Enforcement to build a new two-story Douglass High School.
The school will sit on the site of the old Douglass school at 3200 Mt. Olive Street in North Memphis, near the intersection of Chelsea Avenue and Warford Street next to Douglass Park.
The $20 million project has an estimated completion date of August 2008, said Louise Mercuro, director of capital planning for MCS. The 147,000-square-foot high school will hold 800 students, and the project's architect is C.A. Smith PC. MCS will solicit contractor bids at a later date.
The old Douglass High School became part of MCS in 1950, and the last senior class graduated from there in 1981, according to MCS' Web site.
DATA SNAP: Hungary Preliminary Feb Trade Deficit EUR115.4M-2
The trade deficit in the first two months of the year stood at EUR308.8 million, narrower than the EUR406.4 million a year earlier. Exports expanded at a faster pace in February than imports. Exports grew 22.8% from a year earlier in February, while imports increased 18.4% from February 2006. Of Hungary's total exports, 80% went to European Union countries in February and 71% of imports came from E.U. member states, the KSH noted. Friday's figures are preliminary, the KSH will publish the final trade data April 27. Statistics office Web site: http://www.ksh.hu -By Edith Balazs, Dow Jones Newswires; +361-267-0623; edith.balazs@dowjones.com (END) Dow Jones Newswires April 06, 2007 03:24 ET (07:24 GMT) Copyright 2007 Dow Jones & Company, Inc. .
GoldLink shares fall as outlook dropped
Shares in GoldLink IncomePlus Ltd plunged by more than one third after the investment group downgraded its earnings outlook, citing volatile conditions in the gold market. GoldLink warned it was unlikely to achieve its goal to generate a pre-tax cash return on equity of 15 to 20 per cent per annum from its investment portfolio for this financial year. "But it is not possible to quantify the extent to the shortfall at this stage," it added. GoldLink said its manager, GoldLink Capital Asset Management, was restructuring the group's investment portfolio to reduce risk and to try to restore the earnings capacity of its investment portfolio. "The risk mitigation program is a direct response to volatile and changed conditions in the gold markets and deterioration in portfolio value due to adverse movements in underlying market variables," GoldLink IncomePlus said.
ExtendMedia Receives $12 Million in Series B Funding New ...
Boston - BOSTON -- ExtendMedia has announced that it received $12 million in venture capital funding in a Series B round led by TVM Capital. Previous investors Atlas Venture and Venrock Associates also participated in the current round. This financing follows a previous $11 million Series A round, bringing funding to a total of $23 million. The additional funds will be used to accelerate sales, marketing and product development efforts to meet strong market demand for both direct-to-consumer and ad-supported digital content businesses. ExtendMedia's OpenCASE™ solutions help power digital media commerce for Hewlett-Packard, SHOWTIME, ClickStar, Cablevision, Bell Canada, Manitoba Telecom Services, and major third-party integrators. "Content rights owners and distributors need deep, broad enterprise-class technology and infrastructure in order to bring compelling digital content services to market," said Jim Geary, CEO of ExtendMedia.
Zacks’ Discounted Fundamental Strength Strategy Highlights ...
Zacks' Discounted Fundamental Strength Profit Track strategy has generated double-digit returns for six consecutive years, including a 34% gain in 2006. For the first month of 2007, this Profit Track returned 7.3%. Four stocks that currently have both fundamental strength and discounted valuations are Ducommun Inc. (NYSE: DCO), Lifetime Brands Inc. (Nasdaq: LCUT), Terex Corp. (NYSE: TEX) and Stein Mart Inc. (Nasdaq: SMRT). View the entire list of stocks for the Discounted Fundamental Strength Profit Track at http://at.zacks.com/?id=2142. Here are details about four companies currently identified by the Discounted Fundamental Strength Profit Track: Ducommun Inc. (NYSE: DCO) offers a PEG ratio of 0.89. The company has a debt to equity ratio of .16 and its current ratio stands at 1.82.
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