View Systems, Inc. (VSYM.OB) manufactures and installs weapons detection identification systems, video management platforms and tele-data communication networks targeted towards correctional facilities, schools, courthouses, government agencies, event and sports venues, and commercial businesses.
VSYM recently reported that a military facility has placed an order for an Multi-Mission Video Recorder (MMV).
View Systems, Inc. Multi-Mission Video Recorder (MMV) was designed with input from hundreds of first response professionals and emergency teams. It is a multi-mission video system that is meant to be worn by forward operators.
This rugged and compact system is easy to deploy and use. The body-worn camera and transmitter set send clear and steady video back to scene commanders in real time. The system signal can also be encrypted so that the video can only be seen at the specific viewing console. The unit can also be placed on K-9 units during law enforcement search and rescue operations. For more information on VSYM Multi-Mission Video Recorder (MMV) product, please (Click Here)
Over the past few months, purchase orders for the View Systems, Inc. Concealed Weapons Detection System totaling over $145,000 have been received from, to name a few, a courthouse in western Maryland, a correctional mental health center in Maryland, a correctional treatment facility in New Jersey and a Sheriff`s office in Georgia. The Maryland Department of Public Safety and Correctional Services also purchased a set of units in July which were placed in several correctional facilities around the state.
For more information about this company please visit http://www.viewsystems.com
American Express Company (NYSE: AXP) is a global services company, providing customers with access to products, insights and experiences that enrich lives and build business success.
AXP reported today second-quarter net income of $1 billion, up from $337 million a year ago. Diluted per share net income was $0.84, up from $0.09 a year ago. The year-ago results include a per share reduction of $0.18 from a repurchase of preferred shares from the U.S. Department of the Treasury.
Consolidated total revenues net of interest expense were $6.9 billion, up 13 percent from $6.1 billion a year ago. The increase was the result of the consolidation of securitized cardmember loans and related debt onto the balance sheet in the first quarter3. Revenues also reflect higher cardmember spending, offset by a smaller loan portfolio and lower yields on both the securitized and non-securitized portions of the portfolio.
Consolidated provisions for losses totaled $652 million compared to $1.6 billion in the year-ago period, reflecting continued improvement in credit quality for the charge and credit card portfolios.
Consolidated expenses totaled $4.6 billion, up 13 percent from $4.1 billion a year ago, reflecting higher investment in business building initiatives and higher rewards costs.
AXP’s return on average equity (ROE) was 23.5 percent, up from 13.2 percent a year ago. Return on average common equity (ROCE) was 23.2 percent, up from 12 percent a year ago.
“Cardmember spending rose 16 percent and improved credit indicators continued the year-long trend that began last spring,” said Kenneth I. Chenault, chairman and chief executive officer.
For more information about this company please visit www.americanexpress.com
Amazon.com Inc. (NASDAQ: AMZN) a Fortune 500 company based in Seattle, opened on the World Wide Web in July 1995 and today offers Earth’s Biggest Selection. Amazon.com, Inc. seeks to be Earth’s most customer-centric company, where customers can find and discover anything they might want to buy online, and endeavors to offer its customers the lowest possible prices.
AMZN reported today financial results for its second quarter ended June 30, 2010.
Operating cash flow was $2.56 billion for the trailing twelve months, compared with $1.88billion for the trailing twelve months ended June 30, 2009. Free cash flow increased 29% to $1.99 billion for the trailing twelve months, compared with $1.54 billion for the trailing twelve months ended June 30, 2009.
Common shares outstanding plus shares underlying stock-based awards totaled 465 million on June 30, 2010, compared with 451 million a year ago.
AMZN net sales increased 41% to $6.57 billion in the second quarter, compared with $4.65 billion in second quarter 2009. Excluding the $48 million unfavorable impact from year-over-year changes in foreign exchange rates throughout the quarter, net sales would have grown 42% compared with second quarter 2009.
Operating income increased 71% to $270 million in the second quarter, compared with $159 million in second quarter 2009. The unfavorable impact from year-over-year changes in foreign exchange rates throughout the quarter on operating income was $10 million. Second quarter 2009 operating income was negatively impacted by a $51 million legal settlement.
AMZN net income increased 45% to $207 million in the second quarter, or $0.45 per diluted share, compared with net income of $142 million, or $0.32 per diluted share, in second quarter 2009.
“We’re seeing rapid growth in Kindle, Amazon Web Services, third-party sales, and retail. We’re also encouraged by what we see in mobile. In the last twelve months, customers around the world have ordered more than $1 billion of products from Amazon using a mobile device,” said Jeff Bezos, founder and CEO of Amazon.com. “The leading mobile commerce device today is the smartphone, but we’re excited by the potential of the new category of wireless tablet computers. Over time, tablet computers could become a meaningful additional driver for our business.”
For more information about this company please visit http://www.amazon.com
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