OFinancialinc.com announces the following stocks to its Mid Day Market News: Andiamo Corporation (OTC: ANDI), Computer Sciences Corp. (NYSE: CSC), HP (NYSE: HPQ), Vale S.A. (NYSE: VALE), The Dow Chemical Company (NYSE: DOW)
Andiamo Corporation (OTC: ANDI), through its subsidiary, Action App Corporation, is set to release 28 Apps, they announced on 10/3/11. Listed below are temporary names and each will be offered as a lite and pro version.
Once approved, the Apps will be PR’d on a daily basis. This PR blitz will also have specific descriptions for each App to generate more interest and downloads.
“Once Apple approved, we will systematically release Apps daily, to increase visibility and traffic. Our existing Apps have a solid base of downloads and adding these Apps to our inventory should really add to our daily downloads and revenue. We have been very good at marketing Apps for profitability and this will more than double our inventory of Apps available,” said Secor, CEO of ANDI.
Other stocks highlighted include:
Computer Sciences Corp. (NYSE: CSC) announced yesterday 10/4/11, that it has entered into a definitive settlement with the federal government in relation to a contract dispute. The case filed by Computer Sciences was pending with the Armed Services Board of Contract Appeals since November 2010. At that time, the government and Computer Sciences agreed to put their claims on hold and enter non-binding discussions to resolve the claims and other issues related to the contract. Per the settlement terms, Computer Sciences will receive a one-time cash compensation of $277.0 million as well as a five-year contract extension for an estimated value of $1.0 billion. The original contract for providing systems support is scheduled to expire by this year end.
HP (NYSE: HPQ) today 10/5/11, announced the HP t200 Zero Client for MultiSeat, the industry’s first PC sharing solution with the option of USB or Ethernet connectivity, giving businesses the flexibility to add more users at a fraction of the cost per seat of traditional PCs. HP is showcasing the new HP t200 Zero Client for the HP MultiSeat Solution today at the Small Business Expo 2011 in New York City. Designed for affordable expansion and simple deployment, the plug-and-play HP t200 Zero Client provides a familiar, individual Windows® computing experience for up to 15 users without requiring additional PCs. The device is positioned for use by small and midsize businesses, training and call centers, schools, medical offices, manufacturing sites and other organizations with multiple employees in a shared workspace.
Vale S.A. (NYSE: VALE) announced yesterday 10/4/11, that they are on track to return cash to shareholders via dividend payments and share buyback program. The company recently announced to have received approval of its Executive Board for the payment of the second installment of minimum dividend amounting to US$2 billion. The proposal will now be forwarded to the company’s Board of Directors on October 14, 2011. The minimum dividend payment of US$4 billion, or US$0.766536226 per share for both common and preferred shares outstanding, was decided in January, 2011. The whole distribution was then decided to be paid in two trances of equal amount on April 29 and October 31.
The Dow Chemical Company’s (NYSE: DOW) business unit Dow Electronic Materials, yesterday 10/4/11, announced that construction is underway in Cheonan, Korea for a new manufacturing and testing facility for metallization materials used in advanced chip packaging. The new capacity adds to the manufacturing infrastructure currently in place at other global Dow sites. “We are positioning this facility in Korea to provide material supply close to our local and regional customers,” said Leo Linehan, global business director for Advanced Packaging Technologies. “This significant investment further demonstrates our commitment to growing our capabilities and supporting the growth of our customers.”
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