News / Finance
WhisperfromWallStreet.com "Afternoon Winners - DRI Corporation,TBUS - La-Z-Boy Inc.,LZB - Carolina Trust Bank,CART
DRI Corporation - La-Z-Boy Inc. - Carolina Trust Bank
DRI Corporation,TBUS
DRI Corporation, through its subsidiaries, designs, manufactures, sells, and services information technology products. Its products include DR600, a vehicle logic unit for buses that provides vehicle monitoring, location, and schedule adherence communication systems and programs; GPS for tracking of vehicles; Talking Bus next stop automatic voice announcement system and next stop internal signage; and a software suite that provides modules for customized transit applications, including computer-aided dispatch, automatic vehicle location, vehicle monitoring, wireless data exchange, and central recording station. The company also offers transit arrival signs and software; airport shuttle automatic vehicle location products and arrival signs; integration of and with vehicle sub-systems, including destination signs, fare collection, automatic passenger counters, engine controllers, transmission, and multiplexer; and TwinVision light-emitting diode electronic destination sign systems.
In addition, DRI Corporation offers ELYSE and central recording station software; Mobitec electronic destination sign systems; and VacTell video surveillance, recording, and actionable intelligence products.
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La-Z-Boy Inc.,LZB
Shares of La-Z-Boy Inc. soared Wednesday after an analyst upgraded shares of the furniture maker, saying the company will likely benefit from its middle-market prices when consumers begin to buy furniture again.
Raymond James analyst Budd Bugatch boosted his rating on the Monroe, Mich.-based company to "Strong Buy" from "Market Perform" on Wednesday.
La-Z-Boy shares rose 51 cents, or 23 percent, to $2.69 in midday trading Wednesday.
"Clearly, industry conditions remain exceptionally difficult; however, our channel checks suggest the pace of decline may be stabilizing," he wrote in a research note, saying that consumer confidence and housing activity are beginning to show signs of improvement.
If both trends improve, that may mean consumers will be more willing to spend money, especially for more expensive items such as the company's arm chairs and sofas.
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Carolina Trust Bank,CART
Carolina Trust Bank offers general commercial and retail banking services to small and medium-sized businesses, professionals, and individual consumers primarily in Lincoln County, North Carolina. It accepts a range of deposit products, which include non-interest bearing checking accounts, interest bearing checking and savings accounts, money market accounts, individual retirement accounts, and certificates of deposit. The company"s loan portfolio comprises home improvement loans, personal loans, automobile loans, vacation loans, school/education loans, home equity loans, mortgage loans, business loans, real estate loans, commercial loans, and equipment and collateral loans. Carolina Trust Bank also offers a range of financial services, including investment services, telephone banking services, Internet banking services, ATM/Visa check cards, credit cards, automatic funds transfers, direct deposits, pay bills, execute payroll, safe deposit boxes, and merchant services. As of December 31, 2007, it operated five banking branches in Lincolnton, West Lincoln, Denver, and Vale. The company was founded in 2000 and is headquartered in Lincolnton, North Carolina.
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