19
Jun

Alert features GOOG’s collaborative efforts with China to block porn; CSCO’s recent trading activity; LDK’s milestone production; ZZ’s Q2 estimates; AAPL’s negotiations with Unicom; and FEED’s annual stockholder meeting.

Google Inc. (Nasdaq: GOOG), Cisco Systems (Nasdaq: CSCO), LDK Solar Co. Ltd. (NYSE: LDK), Sealy Corp. (NYSE: ZZ), Apple Inc. (Nasdaq: AAPL) and AgFeed Industries Inc. (Nasdaq: FEED).

Google Inc. (Nasdaq: GOOG) Stock Alert – Google Renews Effort to Block Porn in China

GOOG up .78% to $417.01 midday

Google Inc. (Nasdaq: GOOG) said early Friday it will re-commit its effort to prevent Chinese citizens from linking to pornographic content after Chinese authorities claim Google’s initial effort to block porn has failed, the Associated Press reported.

“We have been continually working to deal with pornographic content, and material that is harmful to children, on the Web in China,” said the company in a statement.

China’s mainland watchdog, the China Internet Illegal Information Reporting Center (CIIIRC), posted a notice of criticism against Google on the agency’s Web site Thursday, prompting an immediate response from Google that it would rework its original solution to comply with the law.

The CIIIRC said despite warnings from the agency, Google has failed to “filter pornographic contents from its search engine results according to China’s relevant laws and regulations.” The Chinese agency said its tests of Google’s search engine revealed links to a sizable number of pornographic pictures, videos and articles, but the agency fell short of providing specific examples.

With the number of Internet users of approximately 298 million, China has the world’s largest population of Web surfers in the world, but also imposes the tightest control on the Net. While leading a nationwide crackdown that led to the termination of more than 1,900 Web sites, China’s watchdog agency has reinvigorated its authority by insisting Google close the holes in its system that leads Chinese citizens to “vulgar” sites.

The Mountain View, Calif.-based Google has fought hard to expand market share in China, where it only has 30% of the search market. China’s Baidu search engine ranks No. 1 in the market share war, with approximately 60% of all searches conducted at its site.

Google Inc. maintains an index of Web sites and other online content, and makes this information freely available through its search engine to anyone with an Internet connection. The company’s automated search technology helps people obtain nearly instant access to relevant information from its online index.

The company generates revenue primarily by delivering online advertising. Businesses use its AdWords program to promote their products and services with targeted advertising.

In its recent chart, GOOG is trading at its higher Bollinger Bands range, a bullish condition signaling that the stock is strong relative to the recent price action. MACD reflects a bullish signal, with the indicator trending above its 9-day moving average signal line, indicating upwardly trending moving averages.

Cisco Systems Inc. (Nasdaq: CSCO) Stock Alert – Cisco Shares Lag Nasdaq in Market Rebound

CSCO down .16% to $18.96 midday

The rebound in Internet protocol-based networking company Cisco Systems Inc. (Nasdaq: CSCO) has under-performed the major technology averages during the current stock rally beginning March 10, lagging the NASDAQ on the way up from the bottom in stocks reached in early March.

Since the March 9 closing low of 1268.64, the NASDAQ has risen 42.6%, settling on Thursday at 1807.72, while CSCO has risen 39.4% from its March 9 low of 13.62 cents to close Thursday at $18.99.

Cisco designs, manufactures and sells Internet protocol (IP)-based networking and other products related to the communications and information technology (IT) industry, and provides services associated with these products and their use.

The company provides a line of products for transporting data, voice, and video within buildings, across campuses, and around the world. Its products are designed to transform how people connect, communicate and collaborate.

Cisco’s products, which include primarily routers, switches, and products that the company refers to as its technologies, are installed at enterprises, public institutions, telecommunications companies, commercial businesses and personal residences.

In January 2009, the company acquired Richards-Zeta Building Intelligence Inc.

In May 2009, the company purchased Tidal Software Inc. In May 2009, the company also purchased Pure Digital Technologies Inc.

In its recent chart, CSCO is trading at its higher Bollinger Bands range, a bullish condition signaling that the stock is strong relative to the recent price action. MACD reflects a bullish signal, with the indicator trending above its 9-day moving average signal line, indicating upwardly trending moving averages.

LDK Solar Co. Ltd. (NYSE: LDK) Stock Alert – LDK Solar Produces 660 kg Ingot

LDK up 4.91% to $11.53 midday

LDK Solar Co. Ltd. (NYSE: LDK) recently announced it has successfully produced a 660 kilograms (kg) multicrystalline silicon ingot. In a news release, the company said the 660 kg ingot is an increase of 46.7% in capacity from the standard ingot, which weighs 450 kg. The maximum capacity of the furnace is approximately 800 kg.

“We reached an important milestone on the roadmap of our technology development for multi-crystalline silicon ingots,” said Dr. Yuepeng Wan, chief technology officer at LDK Solar. “We have continued to develop technology aimed at solidifying and augmenting LDK Solar’s cost leadership position. Our objective with this development was to improve product quality and at the same time decrease the cost of multicrystalline ingot production. The larger ingots will lower capital expenditure and contribute to the reduction of production cost. The increased charge size directly contributes to lower power consumption, higher yields, improved efficiencies of downstream processing equipment, and reduced unit consumption of consumables and some direct costs.”

LDK Solar is a manufacturer of multicrystalline solar wafers. The company sells multicrystalline wafers globally to manufacturers of photovoltaic (PV) products, including solar cells and solar modules. It produces and sells multicrystalline solar wafers between 180 and 220 microns in thickness.

In addition, the company provides wafer processing services to monocrystalline and multicrystalline solar cell and module manufacturers. It manufactures multicrystalline ingots from polysilicon feedstock in its directional solidification system (DSS) furnaces as an interim step in producing wafers.

In addition to using solar-grade virgin polysilicon, the company also uses other polysilicon materials from various sources in its ingot manufacturing process. In addition, it also sells polysilicon materials, which include ingots and polysilicon scraps.
In its recent chart, LDK is trading at its higher Bollinger Bands range, a bullish condition signaling that the stock is strong relative to the recent price action. MACD reflects a bullish signal, with the indicator trending above its 9-day moving average signal line, indicating upwardly trending moving averages.

Sealy Corp. (NYSE: ZZ) Stock Alert – Sealy’s Guidance Better than Wall Street’s Upper Estimates

ZZ soars 22% to $2.20 midday

Sealy Corp. (NYSE: ZZ) said its second-quarter revenue estimates were above the Streets upper-end estimates, reported Reuters. Sealy said in a conference call that domestic net sales appear to have stabilized, though market conditions remain murky, and expects domestic units sold during the quarter will drop by between 12% and 14%, year-over-year.

The company further stated it expects the average unit sale price will drop 1% during the quarter as it believes maintaining product value is the best strategy the company can implement at this time.

Sealy anticipates second-quarter net sales to reach between $294 million and $301 million, while the mean analysts’ estimate of $297.9 million is forecast by Thomson Reuters. Operating earnings are forecast to reach between $28 million and $30 million.

Domestic net sales should fall between $219 million and $224 million, while international sales are forecast to come in between $75 million and $77 million, the company said.

International revenue was hampered by drops in original equipment manufacturers (OEM) sales and weak demand in Canada and Europe.

Sealy is engaged in manufacturing and marketing of a line of bedding products, including mattresses and mattress foundations. Its conventional (innerspring) bedding products are manufactured and marketed in the Americas under its Sealy, Sealy Posturepedic, Stearns & Foster and Bassett brand names.

In addition, it manufactures and markets specialty (non-innerspring) latex and visco-elastic bedding products under the PurEmbrace, TrueForm, SpringFree, Stearns & Foster, Reflexions, Carrington Chase, MirrorForm and Pirelli brand names.

The company operates in two reportable segments: the Americas and Europe. The Americas segment operations are concentrated in the United States, Canada, Mexico, Argentina, Uruguay, Brazil and Puerto Rico. Europe operations are concentrated in Western Europe.

In its recent chart, ZZ is trading at its lower Bollinger Bands range, a bearish condition signaling that the stock is weak relative to the recent price action. MACD reflects a bullish signal, with the indicator trending above its 9-day moving average signal line, indicating upwardly trending moving averages.

Apple Inc. (Nasdaq: AAPL) Stock Alert – Unicom, Apple in Talks for iPhone Deal in China

AAPL up 1.18% to $137.48 midday

China Unicom, one of three dominant mobile carriers, is closing in on a deal to be the exclusive seller of iPhones made by Apple Inc. (Nasdaq: AAPL), with the potential deal lasting two years, said a Merrill Lynch analyst.

“Our industry checks reveal that Unicom and Apple have most likely reached a deal for an exclusive two-plus year agreement,” analyst Cynthia Meng wrote to clients. “We expect iPhone products to be available in conjunction with the Unicom commercial scale 3G launch in fourth quarter, starting on October 1.” A Unicom spokeswoman would not comment further to Reuters, who reported the story, but did says the two sides are still in negotiations.

Speculation ran high during the past year over which carrier would offer the iPhone, with many focusing on Unicom and China Mobile as the leading candidates due to their compatible operating systems with the iPhones’ GSM standard.

Earlier reports cited the reason for the delayed talks revolve around Beijing’s objection to the revenue-sharing model insisted upon by Apple for its eventual Chinese partner.

Apple designs, manufactures, and markets personal computers, portable digital music players, and mobile communication devices and sells a variety of related software, services, peripherals and networking solutions. The company sells its products worldwide through its online stores, its retail stores, its direct sales force, and third-party wholesalers, resellers and value-added resellers.

In addition, the company sells a variety of third-party Macintosh (Mac), iPod and iPhone compatible products, including application software, printers, storage devices, speakers, headphones, and various other accessories and peripherals through its online and retail stores, and digital content through the iTunes Store.

It sells to consumer, small and mid-sized business (SMB), education, enterprise, government and creative customers.

In its recent chart, AAPL is trading at its higher Bollinger Bands range, a bullish condition signaling that the stock is strong relative to the recent price action. MACD reflects a bullish signal, with the indicator trending above its 9-day moving average signal line, indicating upwardly trending moving averages.

AgFeed Industries Inc. (Nasdaq: FEED) Stock Alert – AgFeed Industries announces Results of Shareholders Annual Meeting

FEED up 3.72% to $6.13 at noon

AgFeed Industries Inc. (Nasdaq: FEED) announced its elections of five directors at its annual stockholders meeting. The largest commercial hog producer in China said it has re-elected Songyan Li, Fredric Rittereiser, Arnold Staloff, Junhong Xiong and Lixiang Zhang, to one-year terms to the board of directors.

In addition to electing board members, shareholders approved the sale in December of approximately 5 million common shares, and warrants to purchase additional approximate 3.5 million shares to comply with Nasdaq rules which outline steps to prevent the company’s shares from no longer subject to de-listing from the Nasdaq.

Results of the meeting will appear in the company’s next 10-Q filing with the Securities and Exchange Commission (SEC).

AgFeed is engaged in the research and development, manufacture, marketing, distribution and sale of pre-mix fodder blended feed and feed additives primarily for use in China’s domestic pork husbandry market. AgFeed operates through wholly owned subsidiaries, Nanchang Best Shanghai Best, Guangxi Huijie, Shandong Feed and HopeJia.

On June 24, 2008, the company acquired premix feed company.

On January 3, 2008, the company acquired a 70% interest each in Wannian Xiandai Animal Husbandry Ltd. Liability Co. (Wannian), and Jiangxi Huyun Livestock Co., Ltd.

On January 4, 2008, AgFeed acquired a 60% interest in Ganzhou Green Animal Husbandry Develop. Co. Ltd.

On January 7, 2008, it acquired Gang Feng Animal Husbandry Co., Ltd. On January 9, 2008, the company acquired a 55% interest in Yichun Tianpeng Domestic Livestock Farm, Ltd. (Yichun).

In its recent chart, FEED is trading at its higher Bollinger Bands range, a bullish condition signaling that the stock is strong relative to the recent price action. MACD reflects a bullish signal, with the indicator trending above its 9-day moving average signal line, indicating upwardly trending moving averages.

InvestorSoup.com Research Disclosure

DO NOT BASE ANY INVESTMENT DECISION UPON ANY MATERIALS FOUND ON THIS REPORT OR WEB SITE. We are not registered as a securities broker-dealer or an investment adviser either with the U.S. Securities and Exchange Commission (the “SEC”) or with any state securities regulatory authority. We are neither licensed nor qualified to provide investment advice.

The information contained in our report should be viewed as commercial advertisement and is not intended to be investment advice. The report is not provided to any particular individual with a view toward their individual circumstances. The information contained in our report is not an offer to buy or sell securities. We distribute opinions, comments and information free of charge exclusively to individuals who wish to receive them.

Our newsletter and Web site have been prepared for informational purposes only and are not intended to be used as a complete source of information on any particular company. An individual should never invest in the securities of any of the companies profiled based solely on information contained in our report. Individuals should assume that all information contained in the report about profiled companies is not trustworthy unless verified by their own independent research.

Any individual who chooses to invest in any securities should do so with caution. Investing in securities is speculative and carries a high degree of risk; you may lose some or all of the money that is invested. Always research your own investments and consult with a registered investment advisor or licensed stock broker before investing.

InvestorSoup.com is a Web site wholly owned by BlueWave Advisors, LLC. This compensation constitutes a conflict of interest as to our ability to remain objective in our communication regarding the profiled company. BlueWave Advisors LLC, its principal and/or its affiliates will hold positions in the company profiled and may buy or sell securities at any time without notice.

Information contained in our report will contain “forward looking statements” as defined under Section 27A of the Securities Act of 1933 and Section 21B of the Securities Exchange Act of 1934. Subscribers are cautioned not to place undue reliance upon these forward looking statements. These forward looking statements are subject to a number of known and unknown risks and uncertainties outside of our control that could cause actual operations or results to differ materially from those anticipated.

Factors that could affect performance include, but are not limited to, those factors that are discussed in each profiled company’s most recent reports or registration statements filed with the SEC. You should consider these factors in evaluating the forward looking statements included in the report and not place undue reliance upon such statements.

We are committed to providing factual information on the companies that are profiled. However, we do not provide any assurance as to the accuracy or completeness of the information provided, including information regarding a profiled company’s plans or ability to effect any planned or proposed actions. We have no first-hand knowledge of any profiled company’s operations and therefore cannot comment on their capabilities, intent, resources, nor experience and we make no attempt to do so. Statistical information, dollar amounts, and market size data was provided by the subject company and related sources which we believe to be reliable.

To the fullest extent of the law, we will not be liable to any person or entity for the quality, accuracy, completeness, reliability, or timeliness of the information provided in the report, or for any direct, indirect, consequential, incidental, special or punitive damages that may arise out of the use of information we provide to any person or entity (including, but not limited to, lost profits, loss of opportunities, trading losses, and damages that may result from any inaccuracy or incompleteness of this information).

We encourage you to invest carefully and read investment information available at the Web sites of the SEC at http://www.sec.gov and FINRA at http://www.finra.org.

Category : Daily Soup Bookmark and Share

About Us

Traders make huge profits from penny stocks! Our Hot stock alerts are sent the second we identify likely stocks that we feel will fly! We are passionate about small caps, penny stocks and sub-penny stocks. We are the resource that you need to profit from penny stocks. Bookmark us and check back frequently. Read more »

Subscribe

Subsribe via RSS Feed Reader

form

Contact Us

InvestorSoup.com
4828 S. Broadway #182 | Tyler, TX 75703

Privacy Policy    |    Related Links
close this