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Google Inc. (NASDAQ: GOOG), up .97% on 12
million shares, yesterday announced financial results for the quarter ended
September 30, 2007. "We are very pleased with the impressive growth we
experienced across our business," said Eric Schmidt, CEO of Google.
"Our core search advertising business experienced continued momentum
driven by growth in monetization and traffic, and we are creating a wider and
deeper ads system through our focus on innovation, bringing more ad formats to
our advertisers. Our efforts to offer more products and services in
international markets as well as effectively grow our technology infrastructure
and add to our deep talent base during the quarter helped to deliver growth by
enabling Google to reach more users around the world." Terra Nostra
Resources Corporation (OTCBB: TNRO), up 21% on 1 million shares, announced
Wednesday that it has undertaken additional steps to increase its majority
ownership in both Shandong Terra Nostra Jinpeng Metallurgical Co. Ltd. and
Shandong Quanxin Stainless Steel Co. Ltd. from 51% to 90%.
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Network Appliance, Inc. (NASDAQ: NTAP), up 1% on 8 million
shares, a leading provider of storage and data management solutions, announced
yesterday that it will lead several discussions at Storage Networking World
(SNW) Europe and Storage Expo Netherlands. NetApp is a platinum sponsor of SNW
Europe, which will be held October 29-31, 2007 in Frankfurt, Germany. Storage Expo
Netherlands will be held October 31-November 1 in Jaarbeurs Utrecht, The
Netherlands.
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Nighthawk Systems, Inc. (OTCBB: NIHK), up 3% on 3 million
shares, a leading provider of intelligent wireless and IP-based products and
solutions, announced Thursday that it has received an order for approximately
$480,000 of its MediaPro IP3000HD IPTV set-top boxes. This order comes on the
heels of Nighthawk's purchase of the set-top box operations of Eagle Broadband
announced earlier this week. This order adds to a backlog of over $400,000 in
purchase orders for set-top boxes already in-house when the acquisition was
made.
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Xilinx, Inc. (Nasdaq: XLNX), up 2% on 8 million shares,
yesterday announced net revenues of $444.9 million in the second quarter of
fiscal 2008, flat sequentially with the prior quarter and down 5% compared to
the same quarter a year ago. Second quarter net income was $89.7 million, or
$0.30 per diluted share.
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