DrStockPick.com Stock Report!
Tuesday August 25, 2009
Big Lots, Inc. (NYSE: BIG) today reported second quarter fiscal 2009 income from continuing operations of $28.6 million, or $0.35 per diluted share, compared to income from continuing operations of $26.1 million, or $0.32 per diluted share, in the second quarter of fiscal 2008. Including the impact of discontinued operations, second quarter fiscal 2009 net income totaled $28.4 million, or $0.34 per diluted share, compared to $26.0 million, or $0.32 per diluted share, in the prior year.
Acacia Research Corporation (Nasdaq: ACTG) announced today that its Microprocessor Enhancement Corporation subsidiary has entered into a license agreement with Eurotech Inc., covering a portfolio of patents that relate to an architecture employed in advanced pipeline microprocessors. This architecture allows for conditional execution of microprocessor instructions, and a later determination of whether the instructions executed should be written back to memory. By conditionally executing instructions in this architecture, significant improvements in microprocessor speed can be achieved.
Willdan Group, Inc. (NASDAQ: WLDN) today announced that its wholly-owned subsidiary, Willdan Energy Solutions (WES), was awarded a $67 million contract with Consolidated Edison Company of New York, Inc., (Con Edison), a subsidiary of Consolidated Edison, Inc. (NYSE: ED), to implement Con Edison’s new energy efficiency program for small business customers. The initial contract work will commence in the current quarter, with most of the work scheduled to be completed by the end of 2011.
Staples, Inc. (Nasdaq: SPLS) announced today the results for its second quarter ended August 1, 2009. Total company sales increased nine percent to $5.5 billion compared to second quarter 2008 sales of $5.1 billion, which included $673 million of Corporate Express sales for the month of July 2008. For the second quarter of 2009, on a GAAP basis, net income attributed to Staples, Inc. declined 38 percent year over year to $92 million, and diluted earnings per share decreased 38 percent to $0.13, from the $0.21 achieved in the second quarter of last year.
With the growing popularity of netbooks, small laptop computers designed for web browsing and e-mailing, iGo (NASDAQ: IGOI), a leading provider of portable power solutions, unveiled a new netbook charger helping to make this year’s hottest tech trend more portable and versatile.
Biotricity Corporation (Pink Sheets:GWND) announced today that it has leased a location in Houston, Texas for the construction of its first power plant to generate electricity from biomass. The lease is part of a 79 acre power station originally built by Reliant Power, now RRI Energy and is now being developed into the Houston Clean Energy Park.
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