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Broadcom Corporation (Nasdaq: BRCM), up .94% on 6 million shares, a global leader in semiconductors for wired and wireless communications, announced yesterday it will demonstrate its innovative impulse noise protection technology at next week's Broadband World Forum in Berlin, Germany. The recently announced Broadcom(R) PhyR(TM) (pronounced "Fire") firmware enables service providers to deliver a ten-fold improvement in noise resilience resulting in more advanced triple-play services for ADSL and VDSL networks. From a user perspective, the improvement in performance provides better service coverage, fewer errors and a better viewing experience when watching IPTV systems equipped with PhyR.
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Orsus Xelent Technologies, Inc. (AMEX: ORS), up 55% on 3 million shares, a designer and manufacturer of award-winning mobile phones for the Asian market, said yesterday that it experienced a very robust third quarter and anticipates reporting a revenue gain for the period of more than 20% compared to the same period last year when it achieved revenues of $20,525,000. It also expects third quarter net income to be at least 50% higher than the results reported in the second quarter this year. The Company attributed these anticipated results to the continuing success of its market segmentation strategy, which is focused on expanding its mid-level and high-level product lines, the success of its product development programs and the onset of its strongest yearly sales season.
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PMC-Sierra, Inc. (Nasdaq: PMCS), down 1% on 5 million shares, yesterday announced the Company will conduct a conference call with the financial community following the release of its third quarter 2007 earnings on Thursday, October 18, 2007, at 1:30 PM Pacific Time/4:30 PM Eastern Time. The conference call will be conducted by Mr. Robert Bailey, PMC-Sierra's Chairman and Chief Executive Officer, and Mr. Mike Zellner, Vice President and Chief Financial Officer.
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RemoteMDx, Inc. (OTCBB: RMDX), up 2% on 2 million shares, announced yesterday its subsidiary SecureAlert, a leader in the pioneering technologies and services to aid in monitoring offenders who are at risk to society, fulfillment on contracts in 29 counties in Texas. Texas has one of the largest parole and probation populations in the nation with over 495,000 offenders that make up 10% of the United States adult probation and parole offenders. SecureAlert's headway into the Texas criminal justice market has primarily occurred over the past 60 days. It is estimated by year's end that SecureAlert will be monitoring in excess of 2,500 offenders in Texas alone.
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Hudson City Bancorp, Inc. (Nasdaq: HCBK), up .89% on 5 million shares, the holding company for Hudson City Savings Bank, said yesterday it will report the results of operations for the quarter ended September 30, 2007 on Wednesday, October 24, 2007. The earnings release, detailing the results of operations and financial condition of Hudson City Bancorp, will be issued prior to the opening of equity markets on that date.
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