DrStockPick.com Stock Report! 10/01/09, FIMA, SLH, KEX, VRTU, JKHY, OVTI
Dr Stock Pick HOT News & Alerts!
_______________________________________
FREE Daily Stock Alerts From DrStockPick.com
_______________________________________
Thursday October 1st, 2009
DrStockPick.com Stock Report!
**************************************************************
FIMA, Inc. (PINKSHEETS: FIMA), an emerging land development company, announced today that in spite of the continued persistent negative economic climate, the Company’s assets have remained steady. FIMA management, in order to control expenditures in light of its expectations for the direction of the economy, earlier this year decided upon a strategy that involved the dissolution of certain subsidiaries that were deemed unlikely to produce significant profits within an acceptable time frame. In addition, management revised its strategy in order to take advantage of emerging opportunities.
Solera Holdings, Inc. (NYSE: SLH), the leading global provider of software and services to the automobile insurance claims processing industry, today announced that it has completed the acquisition of 85% of the share capital of AUTOonline GmbH Informationssyteme, a leading European eSalvage vehicle exchange platform from DEKRA Automobil GmbH and other sellers. As previously disclosed, in future periods beginning after December 31, 2009, Solera has the right to purchase and the remaining sellers have the right to sell the remaining 15% stake in AUTOonline at a purchase price of ten times AUTOonline’s consolidated EBITDA (as defined in the definitive agreement) for the most recently completed fiscal year.
Kirby Corporation (NYSE: KEX) announced today that Joe Pyne, Kirby’s President and Chief Executive Officer, will present at the Johnson Rice Energy Conference on Wednesday, October 7, 2009, at 9:30 a.m. central time. The Johnson Rice conference is being held in New Orleans
Virtusa Corporation (Nasdaq: VRTU), a global IT services company that offers business consulting and outsourcing services, has been named to the Boston Business Journal’s list of the “100 Fastest Growing Public Companies” in the Boston area. The recognition honors Massachusetts-based companies that saw substantial increases in revenue from 2006 to 2008 and marks Virtusa’s second award for growth in the month of September.
Jack Henry & Associates, Inc. (Nasdaq: JKHY), a leading provider of integrated technology solutions and data processing services for financial institutions, today announced that it has closed the transaction initiated to acquire Goldleaf Financial Solutions, Inc. (Nasdaq: GFSI), a provider of integrated technology-based solutions primarily for the financial services industry. As a result of the acquisition, Goldleaf Financial Solutions became a wholly owned subsidiary of Jack Henry & Associates and each outstanding share of GFSI common stock automatically converted into the right to receive $0.98 in cash.
Electronic components distributor Digi-Key Corporation, recognized by design engineers as having the industry’s broadest selection of electronic components available for immediate shipment, and OmniVision Technologies, Inc. (NASDAQ: OVTI), a leading developer of advanced digital imaging solutions, announced today the companies have entered into an agreement for the distribution of OmniVision’s digital imaging solutions in North America.
***********Advertisement***********
******************************
Disclaimer: Our disclaimer is to be read and fully understood before using our site, reading our newsletter or joining our email list. Never invest in any stock featured on our site or emails unless you can afford to lose your entire investment. (read more) .Rule 17B requires disclosure of payment for investor relations.
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
