DrStockPick.com Stock Report!
Wednesday, July 22, 2009
Entrust (Nasdaq: ENTU), a world leader in securing digital identities and information, today announced that RiskMetrics Group (formerly Institutional Shareholder Services), a leading independent proxy advisory firm, recommends that Entrust stockholders vote “FOR” the Company’s amended merger agreement with an affiliate of Thoma Bravo, LLC (”Thoma Bravo”) at the Special Meeting of Stockholders to be held on July 28, 2009. As previously announced, under the terms of the amended merger agreement, an affiliate of Thoma Bravo will acquire all of the outstanding shares of Entrust common stock for $2.00 per share in cash. This is an increase of over 8% over the $1.85 per share cash purchase price contemplated by the parties’ original merger agreement previously announced on April 13, 2009.
Center Bancorp, Inc. (Nasdaq:CNBC), the parent company for Union Center National Bank (”UCNB”), today announced that it has negotiated a sale of its major other real estate owned (”OREO”) property for $3.9 million dollars.
The Security Division of EMC (NYSE: EMC) announced the availability of the RSA SecurID(R) Software Token for iPhone Devices that enables an iPhone to be used as an RSA SecurID authenticator, providing convenient and cost-effective two-factor authentication to enterprise applications and resources. The RSA SecurID Software Token App is now available on the App Store at no charge. The required RSA SecurID software token seed as well as RSA(R) Authentication Manager — the software that powers the RSA SecurID system — are both available for purchase worldwide.
Sinclair Broadcast Group, Inc. (Nasdaq: SBGI) will report its second quarter 2009 earnings results at 7:30 a.m. ET on Wednesday, August 5, 2009, followed by a conference call to discuss the results at 8:30 a.m. ET.
FUQI International, Inc. (Nasdaq: FUQI), a leading designer of high quality precious metal jewelry in China, today announced that based on its preliminary review of its financial results for the three months ended June 30, 2009, the Company believes that its second quarter earnings per share will be at or higher than the high end of its previously released forecast of $0.27 to $0.32 per diluted share, based on a weighted average share count of approximately 21.7 million shares. The Company plans to release its final second quarter results of operations in early August.
Art’s Way Manufacturing, Inc. (Nasdaq: ARTW), a leading manufacturer and distributor of niche agricultural machinery, equipment and services, is pleased to announce the Company’s popular and reliable 5165 Grinder-Mixer has been shipped to distributors in the United Kingdom and Australia. Theses are repeat sales to existing distributors and their customers.
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