US Farms (OTCBB: USFM) Closed at $0.07. Announced Thursday after market close completion of its Nursery Greenhouse improvements. These improvements include Heaters, new exhaust ventilation and all new plastic roofs with insulation to stop heat loss in winter and maintain cool in the summer. These improvements were done in coordination with US Farms, Inc. Canadian Nursery partners Morgan Creek Tropical to support its partnership for its retail and wholesale Nursery accounts.
Yan Skwara, CEO of US Farms, Inc., stated, "With the completion of these Greenhouse improvements, this will enable US Farms, Inc. and our partner Morgan Creek to effectively continue to service our customers with high quality Nursery products year round. With these green house improvements it gives the ability to run operations years round while increasing inventory and sales in the 20% percent range. This is key to keep our nursery business moving forward in 2009. Protecting the plants from adverse cold during the winter months is a key operating aspect for any nursery player and these improvements will do just that. Our Aloe nursery business and Nursery warehouse fulfillment for box stores at our greenhouse facility in Valley Center, California continues to drive our future Nursery business."
What They Do: US Farms, Inc. is a diversified commercial Farming and Nursery company. The company currently grows, markets and distributes horticultural products through a number of its wholly owned subsidiaries. US Farms, Inc. is currently one of the largest domestic growers of Aloe Vera, growing well over 6 million pounds annually. The company plans to further its vertically integrating path by moving into the marketing and sales of Aloe Vera based products. The company's products are sold through supermarkets, home centers, retail merchandisers, garden centers, mail order, direct sales, re-wholesalers, and landscapers throughout the United States and Canada. Through internal growth and strategic acquisitions the company is expanding its market share in its businesses.
How They Trade: USFM has a 52 week high of $9.50 and a 52 week low of $0.05.
Hanger Orthopedic Group (NYSE: HGR) Closed at $13.19. Announced Thursday after market close that throughout the fourth quarter of 2008 it acquired Maine Artificial Limb Co., Orthotics Center, Rocky Mountain Orthotic-Prosthetics Center, Riessen's Orthopedic and Prosthetic Services, Inc., First Coast Orthotics & Prosthetics, and Orthopedic Rehabilitation Products, Inc. These acquisitions add patient care centers to existing markets in Maine, Louisiana, Colorado, Washington, and Florida, as well as stock and bill rehabilitation services to our Colorado market.
What They Do: Hanger Orthopedic Group is the world's premier provider of orthotic and prosthetic patient care services.
How They Trade: HGR has a 52 week high of $21.00 and a 52 week low of $9.06.
Cadence Design Systems (Nasdaq: CDNS) Closed at $4.12. Announced Thursday after market close that its Board of Directors has unanimously appointed Lip-Bu Tan as president and chief executive officer, effective immediately. Tan, who had been serving as interim vice chairman of the Board of Directors of Cadence® and member of the Interim Office of the Chief Executive, will remain a member of the Board.
What They Do: Cadence enables global electronic design innovation and plays an essential role in the creation of today's integrated circuits and electronics. Customers use Cadence software and hardware, methodologies, and services to design and verify advanced semiconductors, consumer electronics, networking and telecommunications equipment, and computer systems
How They Trade: CDNS has a 52 week high of $15.71 and a 52 week low of $2.42.
Healthways (Nasdaq: HWAY) Closed at $10.35. Announced Thursday after market close financial results for the three months ended November 30, 2008. Total revenues for the quarter were $185.4 million, a 5% increase from $175.8 million for the three months ended November 30, 2007. Net income grew 13% to $12.6 million from $11.2 million. Net income per diluted share increased 23% to $0.37 for the three months ended November 30, 2008 from $0.30 for the same period in 2007.
What They Do: Healthways is the leading provider of specialized, comprehensive solutions to help millions of people maintain or improve their health and well-being and, as a result, reduce overall costs. Healthways’ solutions are designed to help healthy individuals stay healthy, mitigate and slow the progression of disease associated with family or lifestyle risk factors and promote the best possible health for those already affected by disease.
How They Trade: HWAY has a 52 week high of $70.09 and a 52 week low of $5.25.
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