Obsidian Financial’s Morning Market News for Wednesday October 12, 2011: FITT Highway Products Inc., CTS Corporation, Glu Mobile Inc., Wal-Mart Stores Inc., Gentiva Health Services Inc.

OFinancialinc.com announces the following stocks to its Morning Market News: FITT Highway Products, Inc. (OTC: FHWY), CTS Corporation (NYSE: CTS), Glu Mobile Inc. (NASDAQ: GLUU), Wal-Mart Stores Inc. (NYSE: WMT), Gentiva Health Services Inc. (NASDAQ: GTIV)

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FITT Highway Products, Inc. (OTC: FHWY) announced today 10/12/11, F.I.T.T. Energy Products Inc. (“FITT”), a non-affiliated operating partner, has entered into negotiations with a leading marketing company to introduce the 2 ounce energy shot, “F.I.T.T. Energy With Resveratrol,” to major distributors for a retail marketing launch.

FITT is working on an exclusive marketing agreement with the marketing company which, for the last 20 years has been doing business with all of the major distributors in the retail marketplace. Under a joint marketing effort, FITT will produce additional flavors for the energy shot, design a wire rack for counter display, provide retail signage, and redesign its energy shot label and box to incorporate the latest results from the recently completed medical study on the product’s impact on resting blood pressure. FITT will be looking to start the retail launch by the beginning of 2012. The updated marketing materials will focus on obtaining retail consumer awareness at the checkout counter point of sale.

To view the full press release for FITT Highway Products, Inc. (OTC: FHWY), CLICK HERE or visit OFinancialinc.com

Other stocks highlighted include:

CTS Corporation (NYSE: CTS) announced yesterday 10/11/11, that CTS Electronic Components has been awarded two new production programs from a major U.S. sonar manufacturer. Both awards represent new programs and will result in an increase in CTS’ global piezo market share. The first deliveries will begin in early 2012. Revenues from these two awards are expected to reach approximately $5 million over the program life. CTS Electronic Components’ piezoceramic value-added products benefit from specialized technology and enhanced processing capabilities for a broad range of applications including hard disk drive actuation, medical ultrasound, flight stability, sonar arrays, industrial printing and hydrophones for energy exploration.

Glu Mobile Inc. (NASDAQ: GLUU), a leading global publisher of Social Mobile games for smartphone and tablet devices, announced today 10/12/11, the launch of its new freemium title, Contract Killer: Zombies. Brought to you by the studio that created the highly successful original Contract Killer, Contract Killer: Zombies takes players on an epic journey through a post-apocalyptic world where they are required to defend and rescue the last remaining humans from zombies.  With a huge arsenal of weapons, graphically intense environments, a variety of mission types, a compelling narrative and non-stop action, Contract Killer: Zombies delivers on all fronts. Best of all, this ultra high quality game is free to download and play.

Wal-Mart Stores Inc. (NYSE: WMT) announced yesterday 10/11/11, that they have agreed to stop operations at 13 stores in southwest China, following the allegations of mislabeling ordinary pork as organic. The municipal government of Chongqing in southwestern China has accused Wal-Mart of selling substandard food and thus fined the company with $420,000 and ordered to close 13 Wal-Mart stores for 15 days. In addition, many of its store managers were detained in Chongqing. According to many analysts, large retailers in China have been penalized before, for mislabeling food products, particularly for selling expired items. Since 2006, Wal-Mart has been fined 21 times in Chongqing for deceptive advertising or for selling expired food. Also in January, Wal-Mart and Carrefour were fined for charging extra on promotional items.

Gentiva Health Services, Inc. (NASDAQ: GTIV) - Levi & Korsinsky announced yesterday 10/11/11, that a class action lawsuit has been commenced in the United States District Court for the Eastern District of New York on behalf of purchasers of Gentiva Health Services, Inc. (NASDAQ: GTIV) common stock between July 31, 2008 and July 20, 2010. For more information, click here: http://zlk.9nl.com/gentiva/. The complaint alleges that defendants failed to disclose that the Company was improperly increasing the number of in-home therapy visits to patients in order to trigger higher Medicare reimbursement rates.  The complaint further alleges that positive statements regarding the Company's business condition and prospects were based on the alleged fraud, and thus were materially false and misleading.  As a result of these misleading statements Gentiva shares traded at an artificially high price.

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All material herein was prepared by Obsidian Financial Communications, Inc. (OFC) based upon information believed to be reliable. The information contained herein is not guaranteed by OFC to be accurate, and should not be considered to be all-inclusive. The companies that are discussed in this opinion have not approved the statements made in this opinion. This opinion contains forward-looking statements that involve risks and uncertainties. This material is for informational purposes only and should not be construed as an offer or solicitation of an offer to buy or sell securities. OFC is not a licensed broker, broker dealer, market maker, investment banker, investment advisor, analyst or underwriter. Please consult a broker before purchasing or selling any securities viewed on http://OFinancialinc.com or mentioned herein. FITT Highway Products Inc. (OTC: FHWY) - OFC has not been compensated for FHWY. In addition to any compensation mentioned above, additional compensation can be equal to ten percent of any newly issued or registered securities of the profiled companies. OFC's affiliates, officers, directors and employees may own shares and intend to buy and sell additional shares of the companies mentioned herein and may profit in the event those shares rise in value. OFC will not advise as to when it decides to sell and does not and will not offer any opinion as to when others should sell; each investor must make that decision based on his or her judgment of the market. To see OFC's full disclaimer / compensation, please visit our web site:  http://ofinancialinc.com/disclaimer

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