
M2 PRESSWIRE-23 November 2009-PicksThatMove: www.PicksThatMove.com: "Picks that move" Alerts, November 23, 2009: WMT, MTZ, N, RTN, TXN and BJS(C)1994-2009 M2 COMMUNICATIONS
RDATE:23112009
Picksthatmove.com Alerts include Walmart (NYSE: WMT); MasTec, Inc. (NYSE: MTZ); NetSuite (NYSE: N); Raytheon Company (NYSE: RTN); Texas Instruments Incorporated (TI) (NYSE: TXN) and BJ Services Company (NYSE: BJS)
-- November 23, 2009 Walmart (NYSE: WMT) trading at $54.71 on a volume of 4.52M shares
In a press release on November 23, Walmart Stuffs Thanksgiving Weekend With Three Days of Savings
BENTONVILLE, Ark., Nov 23, 2009 Walmart (NYSE: WMT) announced today it will help shoppers get a jumpstart on Christmas shopping by offering unbeatable prices(1) on hundreds of items via a string of Thanksgiving-weekend-savings events. Beginning at 5 a.m. on Nov. 27, store items from electronics to toys to apparel will feature prices that are sure to be at the top of gift lists this holiday season. Starting today, all of these special values can be viewed online at Walmart.com (www.walmart.com).
About Wal-Mart Stores, Inc.
Wal-Mart Stores, Inc. (Walmart) serves customers and club members more than 200 million times per week at more than 8,000 retail units under 53 different banners in 15 countries. The Company operates in three business segments: Walmart U.S. and Sam's Club in the United States, and Walmart International in 14 countries and Puerto Rico. In January 2009, the Company acquired 57% of D&S S.A.
-- November 23, 2009 MasTec, Inc. (NYSE: MTZ) trading at $12.60 on a volume of 165,029 shares
In a press release on November 23, MasTec Closes Precision Pipeline, LLC Acquisition
CORAL GABLES, Fla., Nov 23, 2009 MasTec, Inc. (NYSE: MTZ) today announced that it has completed the acquisition of Precision Pipeline, LLC, and its related affiliate. The transaction included a payment of $132 million in cash, the assumption of $34 million of Precision's debt and an earnout.
The acquisition extends MasTec's presence into the interstate pipeline industry and will complement MasTec's existing energy infrastructure service offerings, which include natural gas gathering systems, mid-stream pipelines, processing plants and compression stations. The acquisition also expands MasTec's pipeline geographical coverage. With the acquisition of Precision, MasTec becomes one of the leading pipeline contractors nationwide, capable of providing end-to-end construction services to oil and gas producers, as well as to mid-stream and interstate natural gas and petroleum pipeline operators.
About MasTec, Inc.
MasTec, Inc. (MasTec) is a specialty contractor operating mainly throughout the United States and Canada, and across a range of industries. The Company's principal activities include building, installation, maintenance and upgrade of utility and communications infrastructure. MasTec's primary customers in various industries include utilities (including wind farms and other renewable energy, natural gas gathering systems and pipeline infrastructure), communications (including telephony, satellite television and cable television) and government (including water and sewer, utilities and communications work on military bases). In May 2008, it acquired Pumpco, Inc., a mid-stream natural gas pipeline construction company. In July 2008, MasTec acquired certain assets of Nsoro, LLC, which specializes in wireless network design, construction, upgrade and maintenance. In December 2008, it acquired Wanzek Construction, Inc.
-- November 23, 2009 NetSuite (NYSE: N) trading at $14.74 on a volume of 69,678 shares.
In a press release out on November 23, Cloud Computing Luminary Zach Nelson Joins Immunet Advisory Board
Nelson to Provide Strategic Insight as Immunet Disrupts AntiVirus Market
PALO ALTO, Calif., Nov 23, 2009 Immunet, the developer of next generation AntiVirus technologies, today announced that Zach Nelson has joined its advisory board. Currently CEO of cloud computing leader NetSuite (NYSE: N), Mr. Nelson has more than a decade of experience in pioneering the rise of Software as a Service (SaaS) from a novelty to the next major computing paradigm. Under his leadership, NetSuite has become the leading provider of SaaS business management software suites in the world. Prior to NetSuite, Mr. Nelson also spearheaded initiatives at McAfee to create Software as a Service solutions for businesses. Before that, he led marketing organizations at Oracle Corp. and Sun Microsystems Inc.
About NetSuite Inc.
NetSuite Inc. provides an on-demand, integrated business management application suite that offers Accounting / Enterprise Resource Planning (ERP), Customer Relationship Management (CRM) and e-commerce functionality to medium-sized businesses and divisions of large companies. It also offers customer support and professional services related to its suite. NetSuite delivers its suite over the Internet as a subscription service using the software-as-a-service (SaaS) model. As of December 31, 2008, the Company had approximately 6,600 customers. During the year ended December 31, 2008, the Company's revenue generated outside of North America was 19%. On June 4, 2008, the Company acquired OpenAir, Inc.(OpenAir) a provider of on-demand professional services automation software.
-- November 23, 2009 Raytheon Company (NYSE: RTN) last at $51.52 a volume of 1.17M shares
In a press release out on November 23, Raytheon Awarded $241 Million for Zumwalt Software Development
TEWKSBURY, Mass., Nov 23, 2009 Raytheon Company (NYSE: RTN) received a $241.3 million U.S. Navy contract to deliver additional open architecture software capability for the Zumwalt-class destroyer (DDG 1000).
Under the contract, software development will support the integration of human-computer- interface components for the ship's engineering machinery controls and damage control systems. Specifically, Raytheon will deliver computer-graphical user interfaces and a technical data- manager capability to control Zumwalt's ship propulsion, integrated power, auxiliary and damage control systems. The effort will also include support to land-based and shipboard testing of these subsystems.
About Raytheon Company
Raytheon Company designs, develops, manufactures, integrates, supports and provides a range of products, services and solutions for principally governmental customers in the United States and worldwide. The Company operates in six business segments: Integrated Defense Systems (IDS), Intelligence and Information Systems (ibis'), Missile Systems (MS), Network Centric Systems (NCS), Space and Airborne Systems (SAS) and Technical Services (TS). In April 2008, the Company acquired SI Government Solutions. In July 2008, Raytheon Company acquired Telemus Solutions, Inc., a provider of information security, intelligence and technical services to defense, intelligence and other federal customers.In October 2009, the Company acquired BBN Technologies.
-- November 23, 2009 Texas Instruments Incorporated (TI) (NYSE: TXN) last at $25.16 on a volume of 3.97M shares
In a press release out on November 23, TI revolutionizes design of wireless networking applications with eZ430-Chronos, world's first customizable development environment in a sports watch
$49 CC430 MCU development kit propels innovation through portability, leading integration, software support and ultra-low power consumption
DALLAS, Nov 23, 2009 Representing a new era in development, Texas Instruments Incorporated (TI) (NYSE: TXN) today announced the eZ430-Chronos, the world's first customizable development environment within a sports watch. Taking the popular line of eZ430(TM) development tools to the next level, the kit allows developers to easily harness the leading integration, ultra-low power and wireless capabilities of TI's CC430 microcontroller (MCU). Priced at $49, Chronos is designed to provide customers with all of the hardware and software needed to immediately begin development of wireless networking applications, regardless of programming expertise. It is equipped with sensors for measurement and motion-based control and can serve as a central hub for nearby wireless sensors so that users have remote access to real-time data from devices such as pedometers and heart rate monitors. Additionally, Chronos includes a USB-RF access point for wireless set-up and PC connectivity, as well as multiple production-ready open source projects to foster easy evaluation, design and community collaboration. For more information, please visit www.ti.com/chronos-pr.
About Texas Instruments
Texas Instruments (NYSE: TXN) helps customers solve problems and develop new electronics that make the world smarter, healthier, safer, greener and more fun. A global semiconductor company, TI innovates through design, sales and manufacturing operations in more than 30 countries. For more information, go towww.ti.com.
-- November 23, 2009 BJ Services Company (NYSE: BJS) trading at $18.65 on a volume of 1.84M shares
In a press release out on November 23, BJ Services Reports Fourth Fiscal Quarter Net Loss From Continuing Operations of $0.01 per Diluted Share
HOUSTON, Nov 23, 2009 BJ Services Company (NYSE: BJS; PCX; CBOE) today reported a net loss from continuing operations of $2.8 million, or $(0.01) per diluted share, for the fourth quarter of fiscal 2009, which ended September 30, 2009, compared to a net loss from continuing operations of $0.10 per diluted share for the previous quarter and net income from continuing operations of $0.59 per diluted share for the fourth quarter of fiscal 2008. Discontinued operations, consisting of the Company's pressure pumping business in Russia, accounted for a net loss of $0.02 per diluted share in the fourth quarter of fiscal 2009, compared to a net loss of $0.01 per diluted share for the previous quarter and a net loss of $0.02 per diluted share for the fourth quarter of fiscal 2008. The Company completed its last pressure pumping contract in Russia in July, so the Company reclassified its Russia pressure pumping business as a discontinued operation and, accordingly, recast prior periods to conform to that presentation.
About BJ Services Company
BJ Services Company is a provider of pressure pumping and oilfield services for the petroleum industry. Pressure pumping services consist of cementing and stimulation services used in the completion of new oil and natural gas wells and in remedial work on existing wells, both onshore and offshore. Oilfield services include casing and tubular services; precommissioning, maintenance and turnaround services in the pipeline and process business, including pipeline inspection; chemical services; completion tools, and completion fluids. The Company conducts its operations through four segments: U.S./Mexico Pressure Pumping Services; Canada Pressure Pumping Services; International Pressure Pumping Services, and Oilfield Services Group. On May 21, 2008, the Company acquired Innicor Subsurface Technologies Inc.
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