DALLAS, Texas 3/5/2009 12:34:57 AM
News / Finance

Technical Trade Alerts on Market Movers: CAAH, NUAN, JBL, SPLS, ENER, STEM

Beacon Equity Research announces the release of Trade Alerts covering market movers:  China America Holdings Inc. (OTCBB: CAAH), Nuance Communications Inc. (Nasdaq: NUAN), Jabil Circuit Inc. (NYSE: JBL), Staples Inc. (Nasdaq: SPLS), Energy Conversion Devices Inc. (Nasdaq: ENER) and StemCells Inc. (Nasdaq: STEM).

 

In the Trade Alert, the author highlights China America Holdings’ subsidiary renewing its agreement with FAW-Volkswagen Automobile Co. Ltd.:

 

China America Holdings Inc. (CAAH) shares soared 28% in today’s early trading, climbing the chart to 2 cents.  China America Holdings engages in the design, development, manufacture and sale of fingerprint-based identification products and systems. It also sells and distributes liquid coolants for various air conditioner and refrigerator retailers.  It sells its products primarily in the United States and China. The company recently announced its 56% owned China-based subsidiary Shanghai AoHong has renewed its agreement with FAW-Volkswagen Automobile Co. Ltd., a joint venture between Volkswagen and China FAW Group Corp., to supply the company with refrigerant R134A Product for automobile air conditioning systems.  For the calendar year of 2008, the agreement generated sales of approximately $1.76 million and management hopes to improve on this performance in 2009.

 

The Trade Alert author also featured Nuance Communications’ demonstrating the One-Shot Destination Entry Technology in Nuremberg, Germany:

Nuance Communications Inc. (NUAN) shares rose 2.31% to $8.41 in today’s early trading.  Nuance offers speech-based solutions for businesses and consumers worldwide.  The company recently announced the One-Shot Destination Entry technology on Microsoft’s Auto platform at Embedded World, taking place in Nuremberg, Germany, March 3 to March 5, 2009. Nuance's One-Shot Destination Entry is based on the latest version of Nuance VoCon 3200, the industry-leading speech recognition engine that now supports new search algorithms to allow one-shot, multi-slot entry in just one spoken command.  The company will also be demonstrating the technology in the Microsoft Automotive Business Unit Partner booth, and at the Nuance Automotive Usability Forum taking place in St. Goar, Germany March 11.

 


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Source: BeaconEquity.com

Beacon Equity Research
Jeff Bishop, (469)-252-3505
press@beaconequity.com