News / Business
Speak with other shareholders about: (Nasdaq: TRAD), (OTC: CEYG), (Nasdaq: INFY), (NYSE: PHG), and (OTCBB: AMRE) .
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TradeStation Group. (Nasdaq: TRAD) Closed at $11.40. Today reported record net revenues of $35.8 million and record daily average revenue trades (DARTs) of over 71,000 for the 2007 second quarter.TradeStation Group's 2007 second quarter net income of $8.1 million, or 18 cents per share (diluted), was a 6.4% increase from 2006 second quarter net income of $7.6 million, or 17 cents per share (diluted). The company's 2007 second quarter net revenues of $35.8 million were a 10.3% increase from 2006 second quarter net revenues of $32.5 million.
"We are pleased to report that our DARTs have grown both year over year and sequentially in the second quarter, even though our larger competitors saw their DARTs flatten or decrease over the same periods," said Salomon Sredni, CEO of TradeStation Group. "We attribute our impressive growth in DARTs in these market conditions to the diversity of our service offering, account growth, and the robustness of our high-end client base."
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Century Group, Inc. (OTC: CEYG) Closed at $0.35. Stated after market close that current research reports published by Arbitron and Edison Media Research confirm and reflect the ongoing demand for expanding radio ad platforms.
Traditional AM/FM radio broadcasters are seeing a phenomenon take place amidst the Web 2.0 revolution, as radio continues to have "a big impact on people's lives." The study cites that nearly one in five consumers say radio is impacting their lives -- placing radio second only to mobile phones. With the unbridled appetite for connectivity from consumers even within the mobile phone category, Internet access is making radio stations smile even more, as they enhance their online presence to give more traffic and up-to-the minute news directly to cell phone users.
With over 150 radio stations now signed on to www.BroadcastBid.com, more stations than ever before are recognizing the synergy of the one-two punch of radio and Internet. Initially, radio stations perceived the Internet as a competitive platform, but today a web presence is a must have that complements and reciprocates the advertising messages of broadcast media.
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Infosys Technologies Ltd (Nasdaq: INFY) Closed at $52.06. Today announced that it has signed a multi-million dollar outsourcing contract with Royal Philips Electronics' (NYSE: PHG) of the Netherlands. As part of the agreement, Philips will enter into a multi-year contract with Infosys BPO to provide Finance & Accounting (F&A) services and the processing of purchasing orders. Infosys will also acquire three shared service centers located in India, Poland and Thailand from Philips. The contract is amongst the largest Finance & Accounting BPO engagements from India and will expand Infosys' global network, particularly strengthening its European operations.
The deal extends Infosys' global network with new centers in India, Poland and Thailand. Infosys will gain approximately 1,400 Philips professionals who will add to the Infosys BPO team a wide range of valuable skills and abilities, which include diverse language capabilities, technical expertise and domain knowledge.
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AmeriResource Technologies (OTCBB: AMRE) Announced today that its revenues (unaudited) for its subsidiaries, BizAuctions, Inc., AuctionWagon Inc., Net2Auction, Inc., and RoboServer Systems Corp., for the first six months of 2007 has increased by approximately 315%.
"For the first half of 2007, revenues have increased to approximately $1,000,000 from approximately $315,000 in the first six months of 2006. The increase in revenues is attributed to the solid management and staff in each of our companies as well as the strong growth in the business models of BizAuctions, Inc. and AuctionWagon Inc. The Companies have not achieved net profits but have made significant progress in reducing the operating losses," noted Delmar Janovec, CEO of AmeriResource.
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Release date: 25 Jul 2007
