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AM Oil Resources & Technology Inc. (OTCBB: AMOR) Closed at $0.80. Today announced that the Company has adopted a strategy of pursuing air time and space on print and media outlets to increase awareness of its patented products and technologies for maximizing crude oil recovery.
The Company is pursuing worldwide application for the use of its Portable Steam Generators in enhanced oil recovery efforts. The fully patented technology has been found to be highly effective in harvesting a greater amount of oil from marginally producing "stripper wells".
Anthony K. Miller, CEO of AM Oil Resources & Technology stated, “We are looking to increase awareness of AM Oil’s environmentally friendly technologies that provide the ability to extract crude oil more economically. We are confident that our plan to increase media exposure with corporate features and product profiles will lead to greater acceptance and utilization of our products. We believe that this worldwide awareness campaign is the best strategy available to grow this Company. Our goal is to provide the public with a better understanding about the Company, its technology, its potential and its mission. We invite interested parties to submit inquires through our website and we will ensure that we address all significant issues as part of this awareness program”. ”
What They Do: AM Oil Resources & Technology makes portable steam generators that are designed to maximize oil production in oil fields, both domestically and internationally. This technology is able to recover crude oil that would otherwise remain in the ground forever.
The Company believes that its unique approach of applying its proprietary technologies to non-producing oil wells, with known reserves, will earn the company a profitable niche in the petroleum industry. Targeting approximately 480,000 marginal wells in the United States, the Company is ideally positioned to provide an environmentally safe and cost-effective method of maximizing oil production.
How They Trade: AMOR has a 52 week high of $1.01 and a 52 week low of $0.56.
EXACT Sciences Corporation (Nasdaq: EXAS) Closed at $1.49. Announced yesterday after market close that the company has formed a strategic relationship with Genzyme Corp. (Nasdaq: GENZ) pursuant to which Genzyme has acquired certain intellectual property assets related to the fields of prenatal and reproductive health as well as three million shares of EXACT common stock. Under the transaction, EXACT retained exclusive worldwide rights to its colorectal cancer screening and stool-based DNA testing intellectual property, and will receive a share of Genzyme’s sublicensing income derived from the purchased intellectual property outside the fields of prenatal and reproductive health.
What They Do: EXACT Sciences Corporation uses applied genomics to develop patient-friendly screening technologies for use in the detection of cancer. EXACT maintains an exclusive license agreement in the United States and Canada with Laboratory Corporation of America® Holdings (LabCorp®) for certain intellectual property relating to stool-based DNA screening.
How They Trade: EXAS has a 52 week high of $4.25 and a 52 week low of $0.22.
Black Box Corporation (Nasdaq: BBOX) Closed at $25.11.Announced yesterday after market close results for the third quarter of Fiscal 2009 ended December 27, 2008. For the third quarter of Fiscal 2009, diluted earnings per share were 56¢ on net income of $9.8 million or 3.8% of revenues compared to diluted earnings per share of 64¢ on net income of $11.3 million or 4.4% of revenues for the same quarter last year.
Third quarter of Fiscal 2009 total revenues were $262 million, an increase of $4 million or 1% from $258 million for the same quarter last year. On a sequential quarter comparison basis, second quarter of Fiscal 2009 total revenues were $254 million.
What They Do: Black Box is the world’s largest technical services company dedicated to designing, building and maintaining today’s complicated data and voice infrastructure systems. Black Box services 175,000 clients in 141 countries with 191 offices throughout the world.
How They Trade: BBOX has a 52 week high of $33.53 and a 52 week low of $19.75.
Trustmark Corporation (Nasdaq: TRMK) Closed at $17.42. Announced yesterday after market close net income available to common shareholders of $24.0 million in the fourth quarter of 2008, which represented basic earnings per common share of $0.42. Trustmark’s fourth quarter 2008 net income produced a return on average tangible common equity 15.10% and a return on average assets of 1.07%. For the year ended December 31, 2008, Trustmark’s net income available to common shareholders totaled $91.1 million, which represented basic earnings per common share of $1.59. Trustmark’s performance during 2008 resulted in a return on average tangible common equity of 14.88% and return on average assets of 1.01%. Trustmark’s Board of Directors declared a quarterly cash dividend of $0.23 per common share. The dividend is payable March 15, 2009, to shareholders of record on March 1, 2009.
What They Do: Trustmark Corporation, through its subsidiaries, provides banking and financial solutions to corporate, institutional, and individual customers in the states of Florida, Mississippi, Tennessee, and Texas.
How They Trade: TRMK has a 52 week high of $34.00 and a 52 week low of $14.31.
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