xtremepicks.com: www.Xtremepicks.Com: Xtremepicks Alerts November 5, 2009 : ACFN, LABL, WPPGY and ADVS
Nov 05, 2009 (M2 PRESSWIRE via COMTEX) --
Companies: Acorn Energy Inc (ACFN), Acorn Factor Inc (ACFN), Advent Software, Inc. (ADVS), Multi-Color Corp. (LABL), WPP Group plc (WPPGY)
Xtremepicks.com Alerts include Acorn Energy, Inc. (Nasdaq: ACFN), Multi-Color Corporation (Nasdaq: LABL), WPP (NASDAQ: WPPGY) and Advent Software, Inc. (NASDAQ: ADVS)
Acorn Energy, Inc. (Nasdaq: ACFN) trading at $7.16 on a volume of 15,100 shares
In a press release out on November 5, Acorn Energy Announces Intent to Increase Ownership of GridSense
--Will own 100% of leader in remote monitoring and control systems for electric utilities to avoid and manage electrical failures
MONTCHANIN, Del., Nov 05, 2009 -- Acorn Energy, Inc. (Nasdaq: ACFN), an energy technology holding company, today announced that it has entered into a binding letter of intent to purchase 69% of GridSense Systems, Inc. which will increase its ownership to 100%. The agreement is only subject to Acorn completing its due diligence to its satisfaction, with the closing expected to occur on or about January 5, 2010. The terms include cash, Acorn stock, conversion of Acorn loans to GridSense stock, and management performance incentives for 2010. The details of the terms are in the 8-k filed today with the Securities and Exchange Commission (SEC).
About Acorn Energy, Inc.
Acorn Energy, Inc. is a publicly traded holding company with equity interests in CoaLogix, Coreworx, DSIT and GridSense. These companies leverage advanced technologies to transform and upgrade the energy infrastructure around the world. Acorn companies are focused on three problems in the energy sector: improving the efficiency of the energy grid, reducing the risk for owners of large energy assets, and reducing the environmental impact of the energy sector. Acorn's strategy is to take primarily controlling positions in companies led by great entrepreneurs. For more information visit http://www.acornenergy.com.
Multi-Color Corporation (Nasdaq: LABL) trading at $12.22 per share on trading volume of 1,300 shares.
In a press release out on November 5, Multi-Color Declares Quarterly Dividend
SHARONVILLE, Ohio, Nov 05, 2009 -- Multi-Color Corporation (Nasdaq: LABL) announced today that its Board of Directors declared the Company's quarterly cash dividend for the third quarter of fiscal year 2010. The dividend is a payment of five cents per common share, payable December 1, 2009, to shareholders of record at the close of business on November 16, 2009.
About Multi-Color (http://www.multicolorcorp.com)
Sharonville, Ohio based Multi-Color Corporation, established in 1916, is a leader in global label solutions supporting the world's most prominent brands including leading producers of home and personal care, wine and spirits, food and beverage and specialty consumer products. Multi-Color acquired Collotype International Holdings Pty. Ltd. on February 29, 2008. Collotype was established in 1903 in Adelaide, South Australia and is the world's leading and most awarded pressure sensitive wine & spirits label printer. Multi-Color is the world's largest producer of in-mold labels and one of the largest producers of pressure sensitive and heat transfer labels and a major manufacturer of high-quality wet glue applied labels and shrink sleeves. Multi-Color has 13 manufacturing locations worldwide; 7 in the U.S., 5 in Australia and 1 in South Africa.
WPP (NASDAQ:WPPGY) trading at $46.76 on a volume of 22,819 shares
In a press release out on November 5, WPP and Fox Audience Network Announce a Partnership to Provide Enhanced Online Media Planning Services
Integrated data offerings set new standard for multichannel audience insights, segmentation and media planning
LOS ANGELES & NEW YORK, Nov 05, 2009 -- Fox Audience Network (FAN), a division of News Corporation, and WPP (NASDAQ:WPPGY) today announced a partnership to provide marketers with more accurate and in-depth information to increase the effectiveness of their digital marketing investments.
About WPP
WPP is the world's largest communications services group. Through its operating companies, the Group provides a comprehensive range of advertising and marketing services including advertising; media investment management; information, insight and consultancy; public relations and public affairs; branding and identity; healthcare communications; direct, digital, promotion and relationship marketing and specialist communications. The company employs 145,000 people (including associates) in 2,400 offices in 107 countries. For more information, visit www.wpp.com.
Advent Software, Inc. (NASDAQ: ADVS) trading at $39.35 on a volume of 15,352 shares
In a press release out on November 5, Advent Recognized Among Top Global Financial Technology Providers in FinTech 100 Ranking
SAN FRANCISCO, CA, Nov 05, 2009 -- Advent Software, Inc. (NASDAQ: ADVS), a leading provider of software and services for the global investment management industry, announced today that for the third consecutive year it has been named one of the top 100 technology vendors in the FinTech 100, an annual international listing of the foremost technology companies that serve the financial services industry.
About Advent
Advent Software, Inc., a global firm, has provided trusted solutions to the world's financial professionals since 1983. Firms in 60 countries rely on Advent technology to run their mission-critical operations. Advent's quality software, data, services and tools enable financial professionals to improve service and communication to their clients, allowing them to grow their business while controlling costs. Advent is the only financial services software company to be awarded the Service Capability and Performance certification for being a world-class support and services organization. For more information on Advent products visithttp://www.advent.com/about/resources/demos/pr.
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Companies: Acorn Energy Inc (ACFN), Acorn Factor Inc (ACFN), Advent Software, Inc. (ADVS), Multi-Color Corp. (LABL), WPP Group plc (WPPGY)
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