Winston-Salem 8/3/2010 4:26:56 AM
News / Finance

SmallCapReview - Stocks To Watch Tuesday - SILA, VRSN, CBOE

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Gold American Mining Corp. (OTCBB: SILA) $0.94. Today announced that Cohen Independent Research Group, Inc., the Investor Awareness Industry's Research Firm of Choice, in a new report, has upgraded its Cohen Price Target on the Company from $3.16 to $3.31.

The Cohen Price Target is derived using a combination of four academic and market-based valuation approaches (one of which is the DCF valuation) that are equally weighted (25%) components used in calculating the Cohen Target Price.

What They Do: Gold American Mining Corp. is a publicly traded (OTC.BB: SILA) precious metals exploration company focused on the aggressive, ongoing acquisition and exploration of holdings with rich gold and silver production potential. Based in Reno, Nevada, Gold American has developed a promising portfolio of international properties in regions marked by stable politics, sound economies and friendly business relations.

VeriSign (Nasdaq: VRSN) $28.00. Today announced 2nd quarter revenue of $169 million from continuing operations for the second quarter of 2010, up 4% from the prior quarter and up 9% from the same quarter in 2009. Continuing operations consist primarily of the results of the Naming Services business which is comprised of Registry Services and Network Intelligence and Availability (NIA) Services. NIA includes iDefense and the Distributed Denial of Service (DDoS) mitigation business. Results related to the Authentication Services business for the second quarter have been reclassified as discontinued operations following the announced sale of this business to Symantec. VeriSign reported net income attributable to VeriSign, Inc. stockholders of $35 million and earnings per share attributable to VeriSign, Inc. stockholders of $0.19 on a diluted basis for the second quarter of 2010, compared to net income attributable to VeriSign, Inc. stockholders of $35 million and earnings per share attributable to VeriSign, Inc. stockholders of $0.18 on a diluted basis in the same quarter in 2009. The operating margin was 30.0% for the second quarter of 2010 compared to 27.8% for the same quarter in 2009.

VeriSign reported segment revenue for Naming Services of $168 million for the second quarter of 2010, up 4% from the prior quarter and up 9% from the same quarter in 2009. The non-core Content Portal Services (CPS) business reported $1 million of revenue as part of continuing operations during the second quarter of 2010.

What They Do: VeriSign is the trusted provider of Internet infrastructure services for the networked world.

The CBOE Stock Exchange (Nasdaq: CBOE) $27.54, Today announced that CBSX trading volume in July reached an all-time monthly high with 598.0 million shares traded, an average daily volume (ADV) of 28.0 million shares. This surpasses the previous monthly volume record set in October 2008 when 490.0 million shares (23.0 million ADV) changed hands at CBSX.  

CBSX launched in 2007 as a multi-asset trading model for traders looking to reduce transaction costs and latency related to the hedging of options and futures market-making. The Chicago Board Options Exchange (CBOE) and CBSX offer fully automated executions for combined option and stock trades through a single electronic platform.

What They Do: The CBOE Stock Exchange, LLC (CBSX) offers trading in more than 7,600 equities and exchange traded funds (ETFs) listed on U.S. securities markets.


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