DrStockPick.com Stock Report!
Tuesday August 18, 2009
Arby’s Restaurant Group, Inc., a subsidiary of Wendy’s/Arby’s Group, Inc. (NYSE: WEN), announced today that it has signed agreements in the first half of 2009 with 11 new and seven existing franchisees for the development of 47 new Arby’s restaurants in the U.S. and Canada.
Electric Transmission America (ETA), a transmission joint venture of American Electric Power (NYSE: AEP) and MidAmerican Energy Holdings Company, has joined with American Transmission Company, Exelon Corporation (NYSE: EXC), NorthWestern Energy (NYSE: NWE) and MidAmerican Energy Company, a subsidiary of MidAmerican Energy Holdings Company, to sponsor a comprehensive study of the transmission needed in the Upper Midwest to support renewable energy development and to transport that energy to consumers in markets to the east.
SRS Labs (Nasdaq: SRSL), the industry leader in surround sound, audio, and voice technologies, announced today that the popular Samsung Haptic 8M mobile phone features the SRS WOW HD(TM) sound solution, and is the first mobile phone in Korea to implement SRS CS Headphone(TM), which creates an immersive surround sound experience over a pair of headphones.
Mediware Information Systems, Inc. (NASDAQ: MEDW) announced today that Hoxworth Blood Center has licensed the OrderTrak, Mediware’s online blood ordering software system. Hoxworth, University of Cincinnati, serves 32 hospitals across a tri-state area and expects to leverage the product to improve efficiency and productivity for hospital and blood center staff, as well as increase order accuracy through automation.
American Land Lease, Inc. (OTCBB: ANLDP) (the “Company”) announced today that the Company’s Board of Directors determined not to declare a quarterly cash dividend on its 7.75% Series A Preferred Shares, which quarterly cash dividend would otherwise have been payable on August 31, 2009. The Board’s decision was based on the Company’s current capital resources and liquidity needs and the overall negative state of the economy and capital markets. The Board intends to review the suspension of the Series A Preferred dividends periodically based on the Board’s ongoing review of the Company’s financial results, capital resources and liquidity needs, and the condition of the economy and capital markets. The Company noted that unpaid dividends on the Series A Preferred Shares accumulate until paid.
Applied Energetics, Inc., (Nasdaq: AERG) today announced it has been awarded a $3.1 million Contract from the U.S. Army’s Research, Development and Engineering Command (U.S. Army RDECOM - Picatinny, NJ) for the continued development and advancement of the company’s Laser Guided Energy(TM) (LGE) technology.
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