Harris Corporation - symbol HRS - received a $66.3 million order from the U.S. Army to provide Falcon III AN/PRC-117G multiband manpack radios. **This order is part of continued success of Harris Falcon III line in delivering proven, certified products and systems that address the emerging needs of the networked battlefield
According to filings with the Securities and Exchange Commission, Billionaire investor Carl Icahn has purchased 7.11 million shares or 9.8 percent stake in Navistar International Corporation - symbol NAV
On its Third Quarter fiscal 2011, Google Incorporated - symbol GOOG - posted revenues of $9.72 billion, a 33% increase year over year. Kforce Incorporated - symbol KFRC - reported that its Third Quarter 2011 will likely exceed both prior revenues and earnings per share guidance, and, according to the company, it now appears that its revenues may approximate $289 million and earnings per share may approximate $0.22 per share
On Preliminary Data for its Fourth Quarter fiscal 2011, Beazer Homes USA Incorporated - symbol BZH - reported 1,006 new home orders, a 33% increase year over year. Zoom Technologies Incorporated - symbol ZOOM - has signed a definitive agreement to acquire a 55% share of Portables Unlimited LLC, one of the largest exclusive wholesale distributors of T-Mobile products in the United States.
KBR Incorporated - symbol KBR - was awarded a three-year contract to provide program and project management services for Unitywater—a retail and distribution authority providing water to the fast-growing populations near Brisbane, Queensland, Australia.
Kenexa Corporation - symbol KNXA - has updated its guidance for the third quarter of its fiscal 2011. the Company expects non-GAAP revenue to be at or above the high-end of its previously-issued guidance range of $72.0 to $74.0 million. ARRIS Group Incorporated has agreed to acquire BigBand Networks Incorporated - symbol BBND - for a purchase price of $2.24 per share in cash.
On the first quarter of its fiscal 2012, Mistras Group Incorporated - symbol MG - posted revenue of $91.4 million, a 34% increase year over year while its net income increased 103% compared to the same period the prior year. Innovative Solutions & Support Incorporated - symbol ISSC - has entered into an Original Equipment Manufacturer agreement with Eclipse Aerospace to provide the Vantage Premier avionics suite for the EA500.
Superior Energy Services Incorporated has agreed to buy Complete Production Services Incorporated - symbol CPX - in a cash-and-stock deal valued at about $2.7 billion, to create a premier diversified mid-cap oilfield services company
Tetra Tech Incorporated - symbol TTEK - reported that it has been awarded a contract valued at up to $55 million to continue its support for high priority pollution prevention programs, including evaluating innovative technologies and providing research and development support to the U.S. Environmental Protection Agency Office of Research and Development, National Risk Management Research Laboratory.
Matthews Cremation, a division of Matthews International Corporation - symbol MATW - has launched its Bio Cremation technology to offer families an environmentally focused end of life cremation option. Bio Cremation, also known as Alkali Hydrolysis, replaces the use of flame with the use of water.
Satcon Technology Corporation - symbol SATC - has been selected by Q-Cells North America to supply an additional 40 megawatts of their Prism Platform solutions for the Starwood project in Sault St Marie, Ontario. Acuity Brands Incorporated - symbol AYI - posted fiscal 2011 fourth quarter net sales of $496.2 million, a 12 percent increase year over year
Vringo Incorporated - symbol VRNG - has entered into a Cooperation Agreement with Zlango Limited. The companies intend to continue to work closely together and expand joint sales and marketing opportunities with leading content owners and service providers within the mobile communications arena
A.C. Moore Arts & Crafts Incorporated - symbol ACMR - has signed a definitive agreement to be acquired by an affiliate of Sbar’s, one of the largest arts and crafts distributors in the United States, for $1.60 per common share in cash
Welcome to CRWENewswire, Stocks to watch for Tuesday October 4th, 2011. I am Sara Bryant. On its first quarter of fiscal 2012, Team Incorporated - symbol TISI - posted revenues of $141.1 million, a 35% increase year over year and net income of $6.8 million, up 78% from the same quarter last year. Kaiser Aluminum Corporation - symbol KALU - has entered into a $300 million, five-year senior secured revolving credit facility; and finally; Somaxon Pharmaceuticals Incorporated - symbol SOMX - reported that it recently had a meeting with the FDA, who provided clinical and regulatory guidance relating to the over-the-counter development program for Silenor. Somaxon believes that Silenor’s characteristics, including its lack of addiction potential and its clinical efficacy and safety profile, make it an ideal candidate to be the first prescription insomnia product to be converted to an OTC product. Thank you for joining me and stay with us! For CRWE Newswire, Stocks to Watch, I’m Sara Bryant
Eastman Kodak Company - symbol EK -, in response to rumors circulating in the capital markets, reported that it is committed to meeting all of its obligations and has no intention of filing for bankruptcy. EntreMed Incorporated - symbol ENMD - reported its Phase 2 Study of ENMD-2076 Demonstrated Promising Activity in Platinum-Resistant Ovarian Cancer Patients
Welcome to CRWENewswire, Stocks to watch. I am Sara Bryant
Huntington Ingalls Industries Incorporated - symbol HII - reported that its Newport News Shipbuilding division has been awarded a Contract to Provide Maintenance on Nuclear Reactor Prototypes at Kesselring Research and Development Site.
The cost-plus-fixed-fee, level-of-effort contract contains a five-year base period valued at $195 million with a five-year option valued at $395 million.
Welcome to CRWENewswire, Stocks to watch. I am Sara Bryant. Sagent Pharmaceuticals Incorporated - symbol SGNT - reported FDA approval of Clindamycin Injection, USP, an antibiotic used to treat bacterial infections. Sagent’s latex-free clindamycin will be available in three single-dose vial sizes and in pharmacy bulk packaging. The company expects to launch the product in early 2012. According to IMS, the 2011 U.S. market for injectable clindamycin approximates $65 million. Sagent Pharmaceuticals is a specialty pharmaceutical company focused on developing, manufacturing, sourcing and marketing pharmaceutical products, with a specific emphasis on injectable products. Thank you for joining me and stay with us! For CRWE Newswire, Stocks to Watch, I’m Sara Bryant
Mercury Computer Systems Incorporated - symbol MRCY - has been selected by a worldwide provider of security inspection systems to accelerate the performance of its high-capacity checked baggage scanning equipment. Aehr Test Systems - symbol AEHR - posted on its first quarter of fiscal 2012 Net sales of $4.1 million, a 86.36% increase year over year
Good Thursday Morning, Its September 29th, 2011, I’m Sara Bryant with CRWENewswire Stocks In Action. Nationwide Mutual Insurance Company will acquire Harleysville Group Incorporated - symbol HGIC - to expand its reach in commercial insurance lines of business. Nationwide will acquire all of the publicly held Harleysville Group shares of common stock for $60.00 per share in cash. The Board of Directors of Umpqua Holdings Corporation - symbol UMPQ - has authorized an increase in the number of common shares available for repurchase to 15 million shares, and finally Iteris Incorporated - symbol ITI - has been Selected by Virginia Department of Transportation for Estimated $10 Million Traveler Information Services Contract for five years. Thanks for joining me and have a great day! For CRWE Newswire, Stocks In Action, I’m Sara Bryant.
Welcome to CRWENewswire, Stocks to watch for Thursday September 29th, 2011. I am Sara Bryant. On its first quarter fiscal year 2012, The Mosaic Company - symbol MOS - posted net earnings of $526 million, up 77 percent sequentially and net sales of $3.1 billion, a 41 percent increase year over year. Merck & Company Incorporated - symbol MRK - has sold its 50 percent interest in the Johnson & Johnson–Merck Consumer Pharmaceuticals Company joint venture. Merck will receive a one-time payment of $175 million. and finally; Boingo Wireless Incorporated - symbol WIFI - has released an international version of its popular Boingo Wi-Fi Credits app on the iTunes App Store. Using Apple’s iTunes billing system, the Wi-Fi Credits app further simplifies the process by billing in the user’s local currency so they can avoid conversion charges from their credit card provider. Thank you for joining me and stay with us! For CRWE Newswire, Stocks to Watch, I’m Sara Bryant
Welcome to CRWENewswire, Stocks to watch for Wednesday September 28th, 2011. I am Shalika Jayasekera. On its Fiscal 2011 Third Quarter, SYNNEX Corporation - symbol SNX - posted revenues of $2.572 billion dollars, a 18.1% increase year over year. Saba Software Incorporated - symbol SABA - reported for the First Quarter Fiscal Year 2012, GAAP revenues of $30.6 million, a 13% increase compared to the same period the prior year. and finally; Globecomm Systems Incorporated - symbol GCOM - has been awarded multiple contracts from US Government Agencies and prime contractors for its Auto Explorer family of products, valued at $3.5 million. Thank you for joining me and stay with us! For CRWE Newswire, Stocks to Watch, I’m Shalika Jayasekera
Good Tuesday Morning, Its September 27th, 2011, I’m Sara Bryant with CRWENewswire Stocks In Action. The Board of Directors of Merriman Holdings Incorporated - symbol MERR - will conduct an open process to evaluate strategic alternatives for the company to enhance shareholder value, including a possible strategic alliance, merger or sale of the company or its subsidiary, Merriman Capital Incorporated. Renren Incorporated - symbol RENN - has entered into a definitive agreement to acquire 100% of 56.com, a leading user generated content online video sharing site in China, and finally Oilsands Quest Incorporated - symbol BQI - has entered into a non-binding Letter of Intent with a third party to sell its Wallace Creek assets for total consideration of $60 million. Thanks for joining me and have a great day! For CRWE Newswire, Stocks In Action, I’m Sara Bryant
On its fourth quarter fiscal 2011, Shengkai Innovations Incorporated - symbol VALV - posted revenues of $27.3 million, a 70.9% increase year over year. For its full fiscal year 2011, the company’s revenues increased 72.6% to approximately $93.5 million compared to the same period the prior year.
Good Monday Morning, Its September 26th, 2011, I’m Sara Bryant with CRWENewswire Stocks In Action. Odyssey Marine Exploration Incorporated - symbol OMEX - has confirmed the identity and location of the SS Gairsoppa, the Largest Known Silver Shipwreck Cargo site, and Odyssey may retain 80% of the net salved value of the silver bullion.
Welcome to CRWENewswire, Stocks to watch. I am Shalika Jayasekera. Globecomm Systems Incorporated - symbol GCOM - has been awarded a contract from a US Government agency valued at $1.9 million dollars. The company anticipates the contract to be fully executed in the current fiscal year ending June 30, 2012. Globecomm will provide IT support services relating to internet connectivity via its teleport facilities, IP telephone, Satellite television, and WAN optimization. Globecomm Systems is a leading global provider of satellite-based managed network solutions. Thank you for joining me and stay with us! For CRWE Newswire, Stocks to Watch, I am Shalika Jayasekera
Gilead Sciences Incorporated - symbol GILD - reported that the Committee for Medicinal Products for Human Use, the scientific committee of the European Medicines Agency, has adopted a positive opinion on the company’s Marketing Authorisation Application for the once-daily single-tablet regimen for the Treatment of HIV-1 infection, Eviplera, combining Gilead’s Truvada and Tibotec Pharmaceuticals’ Edurant. Gilead expects the European Commission to issue its decision on the marketing authorization for the Eviplera single-tablet regimen later this year.
Direct Energy has reached an agreement to acquire First Choice Power, a subsidiary of PNM Resources Incorporated - symbol PNM - for US$270 million in cash plus additional working capital.
Welcome to CRWENewswire, Stocks to watch for Friday September 23rd, 2011. I am Sara Bryant
The board of directors of Hewlett-Packard Company - symbol HPQ - has appointed Meg Whitman as president and chief executive officer. According to the company, Meg Whitman has the skills and abilities to deliver improved execution and financial performance
On its Second Quarter Fiscal Year 2012 Results, The Finish Line Incorporated - symbol FINL - reported that Net sales increased 10.1% to $331.5 million year over year
and finally
Lucas Energy Incorporated - symbol LEI - has completed the Rainey Unit No.1H well in Gonzales County, Texas as a pumping horizontal oil well in the Austin Chalk formation. The well tested 107 barrels of oil per day. Lucas Energy has approximately a 25% working interest in this well.
Thank you for joining me and stay with us! For CRWE Newswire, Stocks to Watch, I’m Sara Bryant
Red Hat Incorporated - symbol RHT - posted on its fiscal year 2012 second quarter revenue of $281 million, up 28% year-over-year with GAAP Earnings Per Share of $0.20, up 67% over the same period the prior year
Good Wednesday Morning, Its September 21st, 2011, I’m Sara Bryant with CRWENewswire Stocks In Action. On its the Fourth Quarter fiscal 2011, Analogic Corporation - symbol ALOG - posted Revenues of $135.3 million, an 18% increase year over year
On its first quarter fiscal 2012, Oracle Corporation - symbol ORCL - reported that its GAAP total revenues increased 12% to $8.4 billion with GAAP earnings per share of $0.36, up 34% year over year.
Ampco System Parking, a subsidiary of ABM Industries Incorporated - symbol ABM - has been awarded a multi-year contract to manage parking operations at Lambert-St. Louis International Airport in Missouri, which is ranked as the 30th busiest airport in the U.S. by Airports Council International North America. Jazz Pharmaceuticals Incorporated - symbol JAZZ - and Azur Pharma Limited have agreed to combine, and will now form Jazz Pharmaceuticals plc. The combined company would have a diversified product portfolio and expected annual revenues of more than $475 million. and finally, Nanosphere Incorporated - symbol NSPH - reported that its Verigene BC-GP test demonstrated 100% sensitivity and specificity for detection of the drug-resistant bacteria MRSA and VRE, and an overall sensitivity of 98.4% for a broad panel of bacterial targets
Good Monday Morning, Its September 19th, 2011, I’m Sara Bryant with CRWENewswire Stocks In Action. Prana Biotechnology - symbol PRAN - reported that The Journal Of Neurochemistry has published an update on the mechanism of action of PBT2 in the treatment of Alzheimer’s Disease (AD). The study explains how PBT2 is able to restore cognition in AD sufferers through repair of affected Alzheimer’s brains. According to reports, United Technologies Corporation is exploring a takeover of Goodrich Corporation - symbol GR - and finally; BMB Munai Incorporated - symbol KAZ - has completed the sale of all of its interests in Emir Oil LLP to a subsidiary of MIE Holdings Corporation. Thanks for joining me and have a great week! For CRWE Newswire, Stocks In Action, I’m Sara Bryant
Welcome to CRWENewswire, Stocks to watch. I am Sara Bryant. On its Second-Quarter 2011 financial Results, Asia Pacific Wire & Cable Corporation Limited - symbol APWC - posted revenues of a $148.7 million dollars a 40.3% increase year over year. and a 22.1% increase over the first quarter of 2011. The company is principally engaged in the manufacture and distribution of telecommunications power cable and enameled wire products in the Asia Pacific region, primarily in Thailand, China, Singapore and Australia. For More information about Asia Pacific Wire & Cable Corporation Limited - symbol APWC - visit apwcc.com. Thank you for joining me and stay with us! For CRWE Newswire, Stocks to Watch, I’m Sara Bryant
Welcome to CRWENewswire, Stocks to watch. I am Sara Bryant. The Board of Directors of LifePoint Hospitals Incorporated - symbol LPNT - has authorized a new stock repurchase program that will allow for repurchases of up to $250 million of its common stock over the next 18 months. LifePoint Hospitals is a leading hospital company focused on providing quality healthcare services close to home. Through its subsidiaries, LifePoint operates 52 hospital campuses in 17 states. With a mission of “Making Communities Healthier,” LifePoint is the sole community hospital provider in the majority of the communities it serves. More information about LifePoint Hospitals Incorporated - symbol LPNT - at LifePointHospitals.com. Thank you for joining me and stay with us! For CRWE Newswire, Stocks to Watch, I’m Sara Bryant
Welcome to CRWENewswire, Stocks to watch for Friday September 16th, 2011. I am Sara Bryant. Diamond Foods Incorporated - symbol DMND - reported Record 2011 Results. The company’s Non-GAAP Earnings Per Share increased 37 percent for the fiscal year and it has raised sales and Earnings Per Share guidance for its fiscal 2012. AAR Corporation - symbol AIR - reported that it has been awarded a contract valued at up to $77 million from Military Sealift Command, to provide airlift support for U.S. Navy ships. The company reported fiscal year 2012 first quarter sales of $479.3 million, up 19% year-over-year. Medtronic Incorporated - symbol MDT - reported that it has received 510(k) Clearance from the Food and Drug Administration (FDA) for the TSRH Spinal System Pedicle Screw for the Treatment of Adolescent Idiopathic Scoliosis, which is the Most Common Type of Scoliosis Seen in Adolescents and Affects Nearly One Million Adolescents in the U.S. Alone.
Good Thursday Morning, Its September 15th, 2011, I’m Sara Bryant with CRWENewswire Stocks In Action. GTCR, a majority shareholder of BankServ, has submitted a proposal to acquire Fundtech Limited - symbol FNDT - for $23.33 per share in cash. G-III Apparel Group Limited - symbol GIII - was upgraded by Brokerage Firm Stifel Nicolaus from Hold to Buy. and finally; Transcept Pharmaceuticals Incorporated - symbol TSPT - plans to resubmit to the U.S. Food and Drug Administration its new drug application, seeking approval of Intermezzo. Intermezzo is used for the treatment of insomnia. Most adults have experienced insomnia or sleeplessness at one time or another in their lives. An estimated 30%-50% of the general population are affected by insomnia, and 10% have chronic insomnia. Thanks for joining me and have a great day! For CRWE Newswire, Stocks In Action, I’m Sara Bryant
Welcome to CRWENewswire, Stocks to watch for Thursday September 15th, 2011. I am Sara Bryant. Pizza Inn Incorporated - symbol PZZI - reported that Net income increased to $407,000, or $0.05 per share, for its fourth quarter fiscal 2011 compared to net income of $49,000 for the same period of the prior fiscal year. Net income for the fiscal year 2011 increased 16.6% year over year to $1.4 million. RF Industries Limited - symbol RFIL - posted record Net sales of $4,948,000 on its fiscal third quarter 2011, a 17% increase compared to the same period the prior year. and finally; Northrop Grumman Corporation - symbol NOC - will build and deliver the Advanced Technology Microwave Sounder for the Joint Polar Satellite Systems under a contract with NASA. Thank you for joining me and stay with us! For CRWE Newswire, Stocks to Watch, I’m Sara Bryant
Good Wednesday Morning, Its September 14th, 2011, I’m Sara Bryant with CRWENewswire Stocks In Action. Oaktree Capital Management Funds has proposed to Acquire JAKKS Pacific Incorporated - symbol JAKK - common stock for $20.00 per share in cash. Accuray Incorporated - symbol ARAY - reported that Total revenue for the quarter ended June 30, 2011 is expected to be between $73 to $75 million, compared to total revenue of $61.4 million during the same period the prior year. and finally; Capstone Turbine Corporation - symbol CPST - reported that Rustam Minnikhanov, President of Tatarstan - one of the most economically developed regions of Russia - declared Tatarstan’s oil companies and specifically Tatneft will be deploying Capstone microturbines and Capstone Organic Rankin Cycle machines for associated gas to energy projects. Thanks for joining me and have a great day! For CRWE Newswire, Stocks In Action, I’m Sara Bryant
Good Monday Morning, Its September 12th, 2011, I’m Sara Bryant with CRWENewswire Stocks In Action. Global Industries Limited - symbol GLBL - has agreed to be acquired for $8 in cash per share by Technip SA, which it’s looking to expand in the fast-growing underwater oil services sector. Broadcom will acquire NetLogic Microsystems Incorporated - symbol NETL - in a transaction of approximately $3.7 billion. NetLogic Microsystems shareholders will receive $50 per share. IsoRay Incorporated - symbol ISR - reported that the FDA has cleared its GliaSite radiation therapy system, a balloon catheter device used in the treatment of brain cancer. The system’s balloon catheter is a landmark technology that allows physicians to treat more brain cancer patients than ever before with internal radiation or brachytherapy. Thanks for joining me and have a great week! For CRWE Newswire, Stocks In Action, I’m Sara Bryant
Huntington Ingalls Industries Incorporated - symbol HII - reported that its Ingalls Shipbuilding division has received a $482.8 million fixed-price-incentive-firm contract from the U.S. Coast Guard for the construction of a fifth National Security Cutter
The Dow Jones industrial average closed below 11,000 point on Friday. Thank you for joining us. I am your host Sara Bryant at CRWE Newswire Stocks to watch. After closing bell, Champion Industries Incorporated - symbol CHMP - reported earnings for the third quarter of 2011 of $876,000, or $0.09 per share, compared to a loss of $571,000 for the same period in 2010. This is the first time the company has seen a quarter to quarter increase in revenue in several years. Champion Industries is a commercial printer, business forms manufacturer and office products and office furniture supplier in regional markets east of the Mississippi. Thank you for tuning in, have a great day. For CRWE Newswire, Stocks to watch, I’m Sara Bryant.
Welcome to CRWENewswire, Stocks to watch for Friday September 09th, 2011. I am Sara Bryant. The board of directors of The Warnaco Group Incorporated - symbol WRC - has approved a new multi-year share repurchase program for up to $200 million of the Company’s outstanding common stock. Graham Corporation - symbol GHM - has been awarded orders for two surface condensers, both for the Indian market, totaling $2.4 million. adn finally; Orion Marine Group Incorporated - symbol ORN - 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. Thanks for joining me and stay with us! For CRWE Newswire, Stocks to Watch, I’m Sara Bryant
Welcome to CRWENewswire, Stocks to watch for Thursday September 08th, 2011. I am Shalika Jayasekera. SUPERVALU Incorporated - symbol SVU - reported the sale of 107 fuel centers following the acceptance of four separate bids to purchase the centers. AeroVironment Incorporated - symbol AVAV - reported on its Fiscal 2012 First Quarter Results that revenue rose by 62% over the same period the prior year to $62.0 million. Astrotech Space Operations, a subidiary of Astrotech Corporation - symbol ASTC - reported that it has been awarded a $4.0 million contract for payload processing services in support of the US government. Thanks for joining me and stay with us! For CRWE Newswire, Stocks to Watch, I’m Shalika Jayasekera
Good Wednesday Morning, Its September 7th, 2011, I’m Sara Bryant with CRWENewswire Stocks In Action. MELA Sciences Incorporated - symbol MELA - reported that it received CE Mark approval for MelaFind, allowing the company to market its MelaFind device to dermatologists across the European Union. MelaFind is indicated for the evaluation of clinically atypical cutaneous pigmented lesions. FuelCell Energy Incorporated - symbol FCEL - has expanded its market into Indonesia with the sale of a sub-megawatt Direct FuelCell module to partner POSCO Power. and finally; Quepasa Corporation - symbol QPSA - owner of popular Latino online social network Quepasa.com and social game development studio Quepasa Games, reported that its first proprietary social gaming title, Wonderful City - Rio, achieved 4.4 million installs, delivering over 1.1 million new installs in August alone. Thanks for joining me and have a great day! For CRWE Newswire, Stocks In Action, I’m Sara Bryant
Welcome to CRWENewswire, Stocks to watch for Wednesday September 7th. I am Sara Bryant. Francesca’s Holdings Corporation - symbol FRAN - reported Financial Results for its Fiscal Second Quarter 2011, posting Net Sales of $51.2 million, a 47% increase compared to the same period the prior year. VeriFone Systems Incorporated - symbol PAY- posted Net revenues of $317 million on its Third Quarter of Fiscal 2011, a 21% year-over-year increase and the fifth straight quarter that net revenues grew more than 20% from the prior year. Sagent Pharmaceuticals Incorporated - symbol SGNT - reported that it has received approval from the US FDA for its Haloperidol Injection, USP. According to 2011 IMS data, the annual U.S. injectable market for haloperidol approximated $12.5 million. Haloperidol is indicated for use in the treatment of schizophrenia and for the control of tics and vocal utterances of Tourette’s disorder. Sagent expects to launch the product early in the fourth quarter.
Cutera Incorporated - symbol CUTR - reported that Japan’s Ministry of Health Labor and Welfare approved the Solera Titan Infrared Light System for marketing and distribution. Cutera’s Solera Titan introduces the first infrared light source for sustained, deep volumetric dermal heating. Solera Titan treatments can be performed on the face, neck, abdomen and extremities. The company recently reported for its Second quarter 2011 revenue of $14.9 million, a 22% increase year over year. Cutera Incorporated, a leading provider of laser and other light-based aesthetic systems for practitioners worldwide, has been developing innovative, easy-to-use products that enable physicians and other qualified practitioners to offer safe and effective aesthetic treatments to their patients. More information about Cutera at www.cutera.com.
Welcome to CRWENewswire, Stocks to watch. I am Sara Bryant. The Louisiana Department of Health and Hospitals has recommended that Magellan Health Services Incorporated - symbol MGLN - be awarded a contract to manage behavioral health care for Medicaid recipients and other beneficiaries through the Louisiana Behavioral Health Partnership. The contract with Magellan begins on March 1, 2012, and extends until February 28, 2014, with an optional one-year extension and it is expected to generate annual revenue of approximately $150 million. Magellan is a leading specialty health care management organization with expertise in managing behavioral health, radiology and specialty pharmaceuticals, as well as public sector pharmacy benefits programs. More information about Magellan Health Services at www.MagellanHealth.com. Thanks for joining me and stay with us! For CRWE Newswire, Stocks to Watch, I’m Sara Bryant
Welcome to CRWENewswire, Stocks to Watch for Friday September 2nd, 2011. I am your host Yohemy Auerbach. For the third fiscal quarter ended July 31, 2011, Quiksilver Incorporated - symbol ZQK - posted Revenues of $503.3 million, a 14% increase year over year. Cascade Corporation - symbol CASC - reported Financial Results for the Second Quarter Ended July 31, 2011. Its Net sales increased 31% to $135.6 million compared to the same period the prior year. STR Holdings Incorporated - symbol STRI - reported that it closed on the sale of its Quality Assurance business to Underwriters Laboratories for $275 million in cash, plus approximately $8 million of cash assumed. Thank you for joining me, I’m Yohemy Auerbach. see you soon, right here on CRWE Newswire Stocks to Watch
Delta Apparel Incorporated - symbol DLA - reported Another Year of Record Results on its Fiscal 2011, posting net sales of $475.2 million, increased 12.0% compared to the prior year. American Software Incorporated - symbol AMSWA - reported Preliminary First Quarter of its Fiscal 2012 Results. License Fee Revenues increased 139% and GAAP Net Earnings Increased 67% for the quarter, posting Total revenues of $23.7 million, a 24% increase year over year. Sagent Pharmaceuticals Incorporated - symbol SGNT - has received approval from the US Food and Drug Administration for its Orphenadrine Citrate Injection, USP, a skeletal muscle relaxant. According to 2011 IMS data, the U.S. injectable market for orphenadrine approximated $4.3 million. The company expects to launch orphenadrine in the third quarter of 2011.