Instead of relying on equity growth during times of economic uncertainty, investors are understandably taking a closer look at dividend stocks as a way to buffer share price risks. Not only do dividends offer a straight forward return, dividend paying stocks have a significantly better record of equity growth than non-dividend stocks. Companies are generally reluctant to suspend dividends, and the predictability of an ensured return means a lot in the marketplace, especially during troubled times. It’s a coupling of cash flow and capital gains that every investor needs to consider as part of a robust portfolio.
An investor can add to this the advantages offered by small-cap stocks, such as the increased chance for more aggressive growth represented by smaller more flexible companies offering unique products and services that are new to the marketplace. The problem is that small caps are far less likely to offer dividends, preferring to use excess earnings to support the company’s development. When a small cap company does offer dividends, it suggests a financial strength more prevalent in the larger cap universe, and is an up-front clue that the company is worth investigation. By adding the quality of diversity, covering multiple sectors and industries, an investor can further spread the risk.
Below are seven small-cap, or slightly below, stocks covering a range of industries, with a variety of positive income, debt, price, and other qualities, that have a solid dividend record. Your ultimate dividend yield, of course, depends upon the share price when you purchase, and due diligence is required to ferret out any weaknesses in the stocks that you may be unwilling to accept.
• Communications Systems, Inc. (NASDAQ: JCS)
Based in Minnetonka, Minnesota, CSI provides connectivity infrastructure and services for the global deployment of broadband networks. The company has partners and customers in over 50 countries, with subsidiaries in the U.S., Costa Rica, the U.K., and China.
With a low debt to equity, the company has a steady dividend record (2010 annualized $.59 per common share)
For additional company and stock information, see the company’s website at www.CommSystems.com.
• Hawkins, Inc. (NASDAQ: HWKN)
Based in Minneapolis, Minnesota, Hawkins is focused on the sale, delivery, and safe handling of bulk chemicals for various industries, in addition to an increased move into the production of specialty chemicals. The company serves a wide range of industries, including the energy, electronics, chemical processing, paper, medical devices, and plating industries, and also provides water and waste water treatment equipment and chemicals.
With growing revenue and earnings, the company has a steady dividend record (2010 annualized $.66 per common share).
For additional company and stock information, see the company’s website at www.HawkinsChemical.com.
• Kimball International (NASDAQ: KBALB)
Based in Jasper, Indiana, Kimball is a worldwide producer of furniture and electronic assemblies. The Furniture group provides furniture for the office and hospitality industry. The company partners with leading hotel brands around the world for custom requirements, as well as provides their own designs. The Electronics group offers a full range of life cycle support for electronic assemblies for the global medical, industrial, automotive, and public safety markets. Kimball has facilities throughout the U.S., in addition to Europe and Asia.
With 2010 sales of $1.123 billion, Kimball has a strong balance sheet, virtually no long term debt, and has paid dividends to its shareholders since 1954 (2010 annualized $.18 per class A common share, $.20 per class B common share).
For additional company and stock information, see the company’s website at www.Kimball.com.
• Martin Midstream Partners (NASDAQ: MMLP)
Based in Kilgore, Texas, Martin Midstream is a publicly traded limited partnership that focuses on the collection, transportation, storage, and distribution of petroleum products and by-products, primarily in the gulf coast region. In addition to terminalling, storage, and marine transportation for petroleum related products, the company provides natural gas gathering, processing, and NGL distribution, as well as fertilizer and sulfur related products processing and marketing.
With a positive revenue and earnings record, the company continues to have a good history of cash distributions (2010 annualized $3.00 per common share).
For additional company and stock information, see the company’s website at www.MartinMidstream.com.
• National Healthcare Corporation (NASDAQ: NHC)
Based in Murfreesboro, Tennessee, National Healthcare provides long-term health care related services to 76 health care centers in 11 states, primarily in the East. Affiliates also operate 36 homecare programs, six independent living centers, and 17 assisted living communities.
With solid profit margins and cash flow, and low debt to equity, the company has a strong record of dividends for both common and preferred shares (2010 annualized $1.10 per common share, $.80 per preferred share)
For additional company and stock information, see the company’s website at www.NHCCare.com.
• National Research Corporation (NASDAQ: NRCI)
Based in Lincoln, Nebraska, NRC specializes in performance measurement within the U.S. and Canadian healthcare industry. Services provided include data collection, healthcare analytics, and business intelligence, with the goal of improving patient satisfaction and cost outcomes. The company has ongoing relationships with many of the industry’s largest organizations.
Together with a healthy net profit margin, low debt to equity ratio, and enough free cash to weather temporary challenges, NRC has a dependable dividend history (2010 annualized $.76 per common share).
For additional company and stock information, see the company’s website at www.NationalResearch.com.
• Safety Insurance Group (NASDAQ: SAFT)
Based in Boston, Massachusetts, Safety Insurance Group provides insurance services in Massachusetts and New Hampshire through independent agents, including private passenger automobile insurance, homeowners insurance, and personal umbrella policies. The company is the second biggest private passenger automobile insurance provider in Massachusetts.
In spite of challenging times for the insurance industry, the company remains cash strong, with no outstanding debt, and has grown both share value and dividends paid per common share over the past 5 years (2010 annualized $1.80 per common share).
For additional company and stock information, see the company’s website at www.SafetyInsurance.com.
About MissionIR:
MissionIR is committed to connecting the investment community with companies that have great potential and a strong dedication to building shareholder value. We know our reputation is based on the integrity of our clients and go to great lengths to ensure the companies represented adhere to sound business practices.
Please see disclaimer on the MissionIR website http://www.missionir.com/disclaimer.html
Monday, November 7, 2011
General Dynamics (GD) and Force Protection (FRPT) Merge to Expand Armored Vehicle Business
General Dynamics and Force Protection, Inc. today announced a definitive merger agreement in which General Dynamics will acquire Force Protection for approximately $360 million, representing a price of $5.52 per share of common stock.
Per the agreement, Force Protection will become a part of General Dynamics Land Systems, the Michigan-based designer and manufacturer of Abrams main battle tanks and Stryker infantry combat vehicles.
Force Protection designs, manufactures, tests and delivers survivability solutions to support the armed forces of the United States and its allies, which are obvious and complementary services to General Dynamics Land Systems’ role as a leading manufacturer of wheeled, tracked and amphibious combat vehicles designed to meet current and future ground-combat requirements.
“Force Protection complements and strategically expands General Dynamics’ armored vehicle business, adding new products to the expansive portfolio of combat vehicles that we currently manufacture and support,” Mark C. Roualet, president of General Dynamics Land Systems stated in the press release.
Roualet also noted expectations that the acquisition will strengthen General Dynamics Land Systems’ ability to support assets deployed with U.S. forces around the world, creating new opportunities to serve its domestic and international customers.
Michael Moody, chairman and CEO of Force Protection, further detailed strengths of the acquisition.
“After careful consideration of the strategic direction of Force Protection, our board decided that a sale to General Dynamics would maximize value for our stockholders. With their armored vehicle business, General Dynamics will be able to pursue opportunities that we could not have pursued as a stand-alone company,” Moody stated in the press release. “As part of the General Dynamics family, our innovative products and offerings will continue to provide militaries worldwide critical assets that save troops’ lives.”
The transaction is expected to be accretive to General Dynamics’ earnings in 2012.
For more information visit www.generaldynamics.com
About MissionIR:
MissionIR is committed to connecting the investment community with companies that have great potential and a strong dedication to building shareholder value. We know our reputation is based on the integrity of our clients and go to great lengths to ensure the companies represented adhere to sound business practices.
Please see disclaimer on the MissionIR website http://www.missionir.com/disclaimer.html
Per the agreement, Force Protection will become a part of General Dynamics Land Systems, the Michigan-based designer and manufacturer of Abrams main battle tanks and Stryker infantry combat vehicles.
Force Protection designs, manufactures, tests and delivers survivability solutions to support the armed forces of the United States and its allies, which are obvious and complementary services to General Dynamics Land Systems’ role as a leading manufacturer of wheeled, tracked and amphibious combat vehicles designed to meet current and future ground-combat requirements.
“Force Protection complements and strategically expands General Dynamics’ armored vehicle business, adding new products to the expansive portfolio of combat vehicles that we currently manufacture and support,” Mark C. Roualet, president of General Dynamics Land Systems stated in the press release.
Roualet also noted expectations that the acquisition will strengthen General Dynamics Land Systems’ ability to support assets deployed with U.S. forces around the world, creating new opportunities to serve its domestic and international customers.
Michael Moody, chairman and CEO of Force Protection, further detailed strengths of the acquisition.
“After careful consideration of the strategic direction of Force Protection, our board decided that a sale to General Dynamics would maximize value for our stockholders. With their armored vehicle business, General Dynamics will be able to pursue opportunities that we could not have pursued as a stand-alone company,” Moody stated in the press release. “As part of the General Dynamics family, our innovative products and offerings will continue to provide militaries worldwide critical assets that save troops’ lives.”
The transaction is expected to be accretive to General Dynamics’ earnings in 2012.
For more information visit www.generaldynamics.com
About MissionIR:
MissionIR is committed to connecting the investment community with companies that have great potential and a strong dedication to building shareholder value. We know our reputation is based on the integrity of our clients and go to great lengths to ensure the companies represented adhere to sound business practices.
Please see disclaimer on the MissionIR website http://www.missionir.com/disclaimer.html
Friday, November 4, 2011
Gastar Exploration Ltd. (GST) Issues Q3 2011 Financial Report and Operations Update
Gastar Exploration Ltd. issued an operational and financial update for the third quarter of 2011. The company is active in exploring and developing oil and gas resources in the Appalachian Basin and Midcontinent areas of the United States.
Gastar Exploration reported net income of $1.0 million, or $0.02 per diluted share, in the third quarter of 2011, a vast improvement over the company’s net loss of $16.4 million, or $0.33 per share, in the comparable quarter last year.
Gastar Exploration is operating two rigs in the Appalachian Basin and is making progress on a development program targeting the Marcellus Shale in West Virginia. The company estimates that it will have nineteen horizontal wells either producing or waiting on fracturing operations by the end of 2011.
Gastar Exploration has acreage in East Texas and is developing various sands in the Bossier formation. The company spent $4.2 million in this area in the third quarter of 2011, and reported average daily production of 16.6 million cubic feet of natural gas equivalents per day.
For more information on the company, go to www.gastar.com
About MissionIR:
MissionIR is committed to connecting the investment community with companies that have great potential and a strong dedication to building shareholder value. We know our reputation is based on the integrity of our clients and go to great lengths to ensure the companies represented adhere to sound business practices.
Please see disclaimer on the MissionIR website http://www.missionir.com/disclaimer.html
Gastar Exploration reported net income of $1.0 million, or $0.02 per diluted share, in the third quarter of 2011, a vast improvement over the company’s net loss of $16.4 million, or $0.33 per share, in the comparable quarter last year.
Gastar Exploration is operating two rigs in the Appalachian Basin and is making progress on a development program targeting the Marcellus Shale in West Virginia. The company estimates that it will have nineteen horizontal wells either producing or waiting on fracturing operations by the end of 2011.
Gastar Exploration has acreage in East Texas and is developing various sands in the Bossier formation. The company spent $4.2 million in this area in the third quarter of 2011, and reported average daily production of 16.6 million cubic feet of natural gas equivalents per day.
For more information on the company, go to www.gastar.com
About MissionIR:
MissionIR is committed to connecting the investment community with companies that have great potential and a strong dedication to building shareholder value. We know our reputation is based on the integrity of our clients and go to great lengths to ensure the companies represented adhere to sound business practices.
Please see disclaimer on the MissionIR website http://www.missionir.com/disclaimer.html
Thursday, November 3, 2011
IsoRay, Inc. (ISR) Signs European Distribution Agreement for GliaSite Radiation Therapy
IsoRay, Inc., a provider of innovative solutions for the treatment and diagnosis of disease using medical isotopes that represent significant advancements over existing technology, today announced an agreement with Karlheinz Goehl-Medizintechnik Goehl for the distribution of the GliaSite radiation therapy system in certain European markets. The GliaSite radiation therapy system includes a balloon catheter which is a unique technology that allows doctors to treat more brain cancer patients than brachytherapy or internal radiation therapy.
“The GliaSite® system represents continued progress toward our goal of expanding the use of brachytherapy solutions to treat cancers throughout the entire body. This distribution agreement allows us to pursue the recapture of the $4-5 million in annual revenue previously generated by product sales when Hologic owned the device. It also represents an important development for brain cancer patients and their doctors in providing a crucial treatment option that delivers improved outcomes and quality of life,” said Dwight Babcock, CEO, IsoRay Inc in a press release on Thursday.
Advantages of the GliaSite system include the ability to target a specified high dose of a liquid radiation source in the areas most likely to contain the cancer after a brain tumor has been removed. It is also less likely to damage healthy brain tissue, helps to minimize the possibility of the tumor recurring and provides patients with a better quality of life as it limits the number of follow-up external radiation treatments.
“In 2002, our company was the first to have patients treated with GliaSite® outside the U.S. We had great success in providing a safe, adjuvant and remarkably life-extending therapy for glioma patients whilst keeping their quality-of-life-index in the highest possible range, which was our main goal,” said Karlheinz Goehl-Medizintechnik Goehl President Charly Goehl in the Thursday press release. “Previous customers are very excited to have GliaSite® available again.”
Regulatory approval is expected for the new liquid form of IsoRay’s Cesium-131, an advanced form of brachytherapy for the treatment of brain cancer, that would use the GliaSite radiation therapy system for delivery. Cesium-131 allows for the internal radiation treatment of many different cancers since it combines its high energy ability to reach just far enough to treat the cancer and its half-life speed in giving off therapeutic radiation.
For more information, please visit www.isoray.com
About MissionIR:
MissionIR is committed to connecting the investment community with companies that have great potential and a strong dedication to building shareholder value. We know our reputation is based on the integrity of our clients and go to great lengths to ensure the companies represented adhere to sound business practices.
Please see disclaimer on the MissionIR website http://www.missionir.com/disclaimer.html
“The GliaSite® system represents continued progress toward our goal of expanding the use of brachytherapy solutions to treat cancers throughout the entire body. This distribution agreement allows us to pursue the recapture of the $4-5 million in annual revenue previously generated by product sales when Hologic owned the device. It also represents an important development for brain cancer patients and their doctors in providing a crucial treatment option that delivers improved outcomes and quality of life,” said Dwight Babcock, CEO, IsoRay Inc in a press release on Thursday.
Advantages of the GliaSite system include the ability to target a specified high dose of a liquid radiation source in the areas most likely to contain the cancer after a brain tumor has been removed. It is also less likely to damage healthy brain tissue, helps to minimize the possibility of the tumor recurring and provides patients with a better quality of life as it limits the number of follow-up external radiation treatments.
“In 2002, our company was the first to have patients treated with GliaSite® outside the U.S. We had great success in providing a safe, adjuvant and remarkably life-extending therapy for glioma patients whilst keeping their quality-of-life-index in the highest possible range, which was our main goal,” said Karlheinz Goehl-Medizintechnik Goehl President Charly Goehl in the Thursday press release. “Previous customers are very excited to have GliaSite® available again.”
Regulatory approval is expected for the new liquid form of IsoRay’s Cesium-131, an advanced form of brachytherapy for the treatment of brain cancer, that would use the GliaSite radiation therapy system for delivery. Cesium-131 allows for the internal radiation treatment of many different cancers since it combines its high energy ability to reach just far enough to treat the cancer and its half-life speed in giving off therapeutic radiation.
For more information, please visit www.isoray.com
About MissionIR:
MissionIR is committed to connecting the investment community with companies that have great potential and a strong dedication to building shareholder value. We know our reputation is based on the integrity of our clients and go to great lengths to ensure the companies represented adhere to sound business practices.
Please see disclaimer on the MissionIR website http://www.missionir.com/disclaimer.html
Perma-Fix Environmental (PESI) Shows Strength in Q3 Financial Performance
Perma-Fix Environmental Services, Inc., a nuclear waste treatment and onsite services provider, today announced its financial results for the third quarter ended Sept. 30, 2011.
The company reported revenue for the third quarter of 2011 at $32.8 million, a 43.4 percent increase compared to $22.9 million for the same period last year.
Gross profit for the third quarter of 2011 increased 335.5 percent to $11.3 million compared to $2.6 million for the comparable quarter of 2010. Gross margin increased to 34.5 percent from 11.3 percent for the same period last year.
Operating income for the third quarter of 2011 increased to $6.9 million versus an operating loss of $1.3 million for the third quarter of 2010.
Perma-Fix posted 2011 third-quarter net income at $6.0 million, or $0.11 per share, compared to a net loss of $1.1 million or $(0.02) per share, for the same period in 2010. Net income for the third quarter of 2011 included a gain on the sale of PFFL of approximately $1.8 million, partially offset by a loss from discontinued operations of $187,000.
The company generated EBITDA of $8.1 million from continuing operations during the third quarter of 2011, as compared to EBITDA loss of approximately $174,000 for the same period of 2010.
As of Sept. 30, 2011, the company had more than $10.7 million of cash and $5.7 million of total debt.
“The second half of 2011 is proving to be one of the strongest periods in our history and we believe this demonstrates that our strategy is working,” Dr. Louis F. Centofanti, chairman and CEO stated in the press release.
Dr. Centofanti noted contributors to the company’s quarterly improvements, as well as the completion of a recent acquisition.
“We attribute our strong performance to increased treatment of higher activity and more complex waste streams. This has been a major focus over the past few years and represents an important growth opportunity going forward. At the same time, we remain focused on expanding our onsite services, which complement our traditional treatment services,” he concluded. “Toward this end, we are pleased to announce the completion of our acquisition of Safety and Ecology Holdings Corp. and its subsidiary, Safety and Ecology Corp. (SEC). We believe SEC will broaden our service capabilities and expands our addressable market.”
For more information visit www.perma-fix.com
About MissionIR:
MissionIR is committed to connecting the investment community with companies that have great potential and a strong dedication to building shareholder value. We know our reputation is based on the integrity of our clients and go to great lengths to ensure the companies represented adhere to sound business practices.
Please see disclaimer on the MissionIR website http://www.missionir.com/disclaimer.html
The company reported revenue for the third quarter of 2011 at $32.8 million, a 43.4 percent increase compared to $22.9 million for the same period last year.
Gross profit for the third quarter of 2011 increased 335.5 percent to $11.3 million compared to $2.6 million for the comparable quarter of 2010. Gross margin increased to 34.5 percent from 11.3 percent for the same period last year.
Operating income for the third quarter of 2011 increased to $6.9 million versus an operating loss of $1.3 million for the third quarter of 2010.
Perma-Fix posted 2011 third-quarter net income at $6.0 million, or $0.11 per share, compared to a net loss of $1.1 million or $(0.02) per share, for the same period in 2010. Net income for the third quarter of 2011 included a gain on the sale of PFFL of approximately $1.8 million, partially offset by a loss from discontinued operations of $187,000.
The company generated EBITDA of $8.1 million from continuing operations during the third quarter of 2011, as compared to EBITDA loss of approximately $174,000 for the same period of 2010.
As of Sept. 30, 2011, the company had more than $10.7 million of cash and $5.7 million of total debt.
“The second half of 2011 is proving to be one of the strongest periods in our history and we believe this demonstrates that our strategy is working,” Dr. Louis F. Centofanti, chairman and CEO stated in the press release.
Dr. Centofanti noted contributors to the company’s quarterly improvements, as well as the completion of a recent acquisition.
“We attribute our strong performance to increased treatment of higher activity and more complex waste streams. This has been a major focus over the past few years and represents an important growth opportunity going forward. At the same time, we remain focused on expanding our onsite services, which complement our traditional treatment services,” he concluded. “Toward this end, we are pleased to announce the completion of our acquisition of Safety and Ecology Holdings Corp. and its subsidiary, Safety and Ecology Corp. (SEC). We believe SEC will broaden our service capabilities and expands our addressable market.”
For more information visit www.perma-fix.com
About MissionIR:
MissionIR is committed to connecting the investment community with companies that have great potential and a strong dedication to building shareholder value. We know our reputation is based on the integrity of our clients and go to great lengths to ensure the companies represented adhere to sound business practices.
Please see disclaimer on the MissionIR website http://www.missionir.com/disclaimer.html
Move Inc. (MOVE) Announces Launch of International Website for REALTOR.com
The National Association of REALTORS® and Move, Inc., a company that works with its subsidiaries to operate an online network of Websites, announced that the lead of REALTOR.com as the world’s largest online website for real estate listings has been extended with the launch of the REALTOR.com International website.
The new site, www.REALTOR.com/International, delivers millions of real estate listings to buyers around the world. At its launch, REALTOR.com International will feature residential real estate listings from Croatia, Bulgaria, France, Spain, Brazil, Portugal, Serbia, Romania, Slovakia, and Italy. The REALTOR.com International site can be accessed from the REALTOR.com homepage as well.
In the last three months, almost 2.6 million International visitors have searched for U.S. real estate on REALTOR.com. The top five countries where the searches have originated are from the United Kingdom, Canada, Australia, Germany, and India.
“Increasingly, more and more Realtors are working with international clients who want to buy property in the U.S. and the new REALTOR.com International web site will not only allow Realtors to offer their expertise and knowledge to a broader audience, but will also bring buyers and sellers together across the globe,” said NAR President Ron Phipps, broker-president of Phipps Realty in Warwick, Rhode Island. “Foreign buyers understand the value of owning a home in the U.S. and can rely on a Realtor because of their global perspective and understanding of different cultures and real estate practices. This collaboration with Move is just one of many ways Realtors can expand and grow their business globally.”
To aid international and foreign-born buyers as they search for U.S. residential real estate, the new REALTOR.com International search experience offers more enhanced translation options in 11 languages, which include Dutch, English, Chinese, French, German, Italian, Korean, Portuguese, Russian, Spanish, and Japanese. The site also includes an easy-to-use currency and dimension converters, which are available on all pages.
“The U.S. continues to be a top destination for international buyers from all over the world, and REALTOR.com remains a natural choice for international buyers because we offer the largest, freshest and most accurate collection of property listings available online,” said REALTOR.com President, Errol Samuelson. “In recent years, foreign buyers have increasingly become interested in owning real estate in the United States. Like millions of U.S. consumers, they trust the REALTOR.com brand to help them connect with Realtors and find the property that’s right for their needs. Opening up the world of real estate on REALTOR.com to include an international search experience is a natural evolution of our offerings at Move. We’re very excited to help hundreds of thousands of Realtors grow their businesses beyond U.S. borders as they connect with international buyers.”
NAR’s 2011 Profile of International Home Buying Activity has reported that the U.S. remains a top destination for foreign buyers with international purchases soaring to $16 billion in the last year. In accordance to the survey, total residential international sales last year in the U.S. amounted to $82 billion. Total international sales were split evenly between recent immigrants and non-resident foreigners.
International buyers of U.S. residential real estate came from 70 countries. The top five (Mexico, Canada, China, UK, and India) made up 53 percent of all transactions from March of 2010 to March 2011. Most states in the U.S. had at least one international transaction, while Florida, California, Texas, and Arizona made up 58 percent of all U.S. residential transactions that were completed by International buyers. The convenience of air transportation, climate and location, and the proximity to their homeland are the most important factors for international buyers.
Presentations for international content providers who are interested in learning how to feed in their listing to REALTOR.com International will take place at the 2011 Realtors® Conference and Expo in Anaheim, California, from November 11th through the 14th.
For more information on Move, Inc., visit www.move.com
About MissionIR:
MissionIR is committed to connecting the investment community with companies that have great potential and a strong dedication to building shareholder value. We know our reputation is based on the integrity of our clients and go to great lengths to ensure the companies represented adhere to sound business practices.
Please see disclaimer on the MissionIR website http://www.missionir.com/disclaimer.html
The new site, www.REALTOR.com/International, delivers millions of real estate listings to buyers around the world. At its launch, REALTOR.com International will feature residential real estate listings from Croatia, Bulgaria, France, Spain, Brazil, Portugal, Serbia, Romania, Slovakia, and Italy. The REALTOR.com International site can be accessed from the REALTOR.com homepage as well.
In the last three months, almost 2.6 million International visitors have searched for U.S. real estate on REALTOR.com. The top five countries where the searches have originated are from the United Kingdom, Canada, Australia, Germany, and India.
“Increasingly, more and more Realtors are working with international clients who want to buy property in the U.S. and the new REALTOR.com International web site will not only allow Realtors to offer their expertise and knowledge to a broader audience, but will also bring buyers and sellers together across the globe,” said NAR President Ron Phipps, broker-president of Phipps Realty in Warwick, Rhode Island. “Foreign buyers understand the value of owning a home in the U.S. and can rely on a Realtor because of their global perspective and understanding of different cultures and real estate practices. This collaboration with Move is just one of many ways Realtors can expand and grow their business globally.”
To aid international and foreign-born buyers as they search for U.S. residential real estate, the new REALTOR.com International search experience offers more enhanced translation options in 11 languages, which include Dutch, English, Chinese, French, German, Italian, Korean, Portuguese, Russian, Spanish, and Japanese. The site also includes an easy-to-use currency and dimension converters, which are available on all pages.
“The U.S. continues to be a top destination for international buyers from all over the world, and REALTOR.com remains a natural choice for international buyers because we offer the largest, freshest and most accurate collection of property listings available online,” said REALTOR.com President, Errol Samuelson. “In recent years, foreign buyers have increasingly become interested in owning real estate in the United States. Like millions of U.S. consumers, they trust the REALTOR.com brand to help them connect with Realtors and find the property that’s right for their needs. Opening up the world of real estate on REALTOR.com to include an international search experience is a natural evolution of our offerings at Move. We’re very excited to help hundreds of thousands of Realtors grow their businesses beyond U.S. borders as they connect with international buyers.”
NAR’s 2011 Profile of International Home Buying Activity has reported that the U.S. remains a top destination for foreign buyers with international purchases soaring to $16 billion in the last year. In accordance to the survey, total residential international sales last year in the U.S. amounted to $82 billion. Total international sales were split evenly between recent immigrants and non-resident foreigners.
International buyers of U.S. residential real estate came from 70 countries. The top five (Mexico, Canada, China, UK, and India) made up 53 percent of all transactions from March of 2010 to March 2011. Most states in the U.S. had at least one international transaction, while Florida, California, Texas, and Arizona made up 58 percent of all U.S. residential transactions that were completed by International buyers. The convenience of air transportation, climate and location, and the proximity to their homeland are the most important factors for international buyers.
Presentations for international content providers who are interested in learning how to feed in their listing to REALTOR.com International will take place at the 2011 Realtors® Conference and Expo in Anaheim, California, from November 11th through the 14th.
For more information on Move, Inc., visit www.move.com
About MissionIR:
MissionIR is committed to connecting the investment community with companies that have great potential and a strong dedication to building shareholder value. We know our reputation is based on the integrity of our clients and go to great lengths to ensure the companies represented adhere to sound business practices.
Please see disclaimer on the MissionIR website http://www.missionir.com/disclaimer.html
Wednesday, November 2, 2011
Commtouch (CTCH) Posts Q3 Financial Results and Highlights, Reaffirms Full-year Guidance
Commtouch, a leading cloud-based Internet security provider, today announced its 2011 third-quarter results and business highlights for the three months ended September 30, 2011.
The company reported third-quarter revenue at $5.9 million, a 27 percent increase compared to $4.6 million in the third quarter of 2010.
Net income for the third quarter of 2011 decreased 16 percent to $887,000, or $0.04 per diluted share, compared to $1.1 million, or $0.05 per diluted share, reported for the third quarter of 2010.
Commtouch’s deferred revenues (long-term and short-term) as of September 30, 2011, totaled $4.1 million compared to $3.5 million in deferred revenues as of June 30, 2011.
Operating cash flow for the third quarter of 2011 was $1.5 million compared to $1.6 million in the third quarter of 2010.
As of September 30, 2011, the company had cash at $17.6 million compared to $16.1 million as of June 30, 2011.
“I am happy to report another strong quarter with consistent revenue growth and improvement of our operating and net margins that led to higher profitability,” Ron Ela, Commtouch CFO stated in the press release. “This steady financial growth remains a solid basis from which to implement our future plans.”
The company noted growing demand for its products in the third quarter of 2011; a new agreement with a communications leader for which Commtouch will provide its antivirus solution; expanding contracts with existing contracts; and the launch of version eight of its e-mail and Web security solution platform.
Commtouch reaffirms its full-year 2011 guidance, expecting revenue and net income to be midrange in previous guidance of full-year revenues between $22.5 million and $23.5 million, and net income between $6.2 million and $6.7 million.
For more information visit www.commtouch.com
About MissionIR:
MissionIR is committed to connecting the investment community with companies that have great potential and a strong dedication to building shareholder value. We know our reputation is based on the integrity of our clients and go to great lengths to ensure the companies represented adhere to sound business practices.
Please see disclaimer on the MissionIR website http://www.missionir.com/disclaimer.html
The company reported third-quarter revenue at $5.9 million, a 27 percent increase compared to $4.6 million in the third quarter of 2010.
Net income for the third quarter of 2011 decreased 16 percent to $887,000, or $0.04 per diluted share, compared to $1.1 million, or $0.05 per diluted share, reported for the third quarter of 2010.
Commtouch’s deferred revenues (long-term and short-term) as of September 30, 2011, totaled $4.1 million compared to $3.5 million in deferred revenues as of June 30, 2011.
Operating cash flow for the third quarter of 2011 was $1.5 million compared to $1.6 million in the third quarter of 2010.
As of September 30, 2011, the company had cash at $17.6 million compared to $16.1 million as of June 30, 2011.
“I am happy to report another strong quarter with consistent revenue growth and improvement of our operating and net margins that led to higher profitability,” Ron Ela, Commtouch CFO stated in the press release. “This steady financial growth remains a solid basis from which to implement our future plans.”
The company noted growing demand for its products in the third quarter of 2011; a new agreement with a communications leader for which Commtouch will provide its antivirus solution; expanding contracts with existing contracts; and the launch of version eight of its e-mail and Web security solution platform.
Commtouch reaffirms its full-year 2011 guidance, expecting revenue and net income to be midrange in previous guidance of full-year revenues between $22.5 million and $23.5 million, and net income between $6.2 million and $6.7 million.
For more information visit www.commtouch.com
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