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Form, Enz, Smci, Avot, Btui - Stock Update From Drstockpick.com!

FormFactor Inc. (Nasdaq:FORM) will report financial results for its 2010 fourth quarter on Tuesday, February 1, 2011, at 1:30 p.m. Pacific Standard Time.

 
PRLog - Jan. 18, 2011 - FormFactor Inc. (Nasdaq:FORM) will report financial results for its 2010 fourth quarter on Tuesday, February 1, 2011, at 1:30 p.m. Pacific Standard Time. The public is invited to listen to a live webcast and archived replay of FormFactor's conference call on the Investors section of the company's web site. A telephone replay of the conference call will be available approximately two hours after the conclusion of the call.

FormFactor, Inc. engages in the design, development, manufacture, sale, and support of semiconductor wafer probe card products and solutions based on MicroSpring interconnect technology.

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American Video Teleconferencing Corp. (Pink Sheets:AVOT) is presently in final discussions to enter into a formal agreement to acquire an exclusive option on a molybdenum property in the Otter lake area in the province of Quebec, Canada. The property has been dormant since the 1960’s when Hupon Mining and Exploration carried out surface work, stripping, trenching and a minor drill program of 445 feet contained in 11 drill holes. Some of the sample results from the trenching in 1962 showed 0.94% to 25% molybdenum averaging 5-10%. These values were obtained from assessment files in the Department of Mines in Quebec City.

This property is only one of several advanced stage properties American Video has under consideration in the province of Quebec.

China is the world's largest producer of rare earth elements, most of which are used in modern technology, such as new energy sources and hybrid cars. It announced in July that it will cut exports for minerals used to make hybrid cars and televisions by 72 percent in the second half of the year.

China has started to severely restrict the exports of rare-earth materials, which often find use in “green” technology designs, including hybrid vehicles and energy-efficient lighting, as well as in the medical, defense, and consumer markets. The country delivers nearly 100% of the world’s rare-earth materials: 17 metals that are somewhat hard to refine and that tend to occur in the same ore deposits. The cutbacks have resulted in shock waves through the electronics industry and could force design changes in the near future.

American Video will aggressively continue to search world-wide for opportunities in Precious, Base and Rare Earths metal projects.

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Enzo Biochem, Inc. (NYSE:ENZ) is a leading life sciences and biotechnology company focused on harnessing genetic processes to develop research tools, diagnostics and therapeutics and provides reference laboratory services to the medical community.

Enzo Biochem, Inc. reported improved sequential results for the first fiscal quarter ended October 31, 2010, the result of recent programs to reduce expenses, consolidate activities and expand operations.

The Company's financial condition remained strong, with working capital of $42.1 million. As of October 31, 2010, cash and cash equivalents, plus short term investments in US Treasury Bills, totaled $31.6 million. At November 30, 2010 Enzo’s cash, and cash equivalents and short-term investments were $33.9 million, which exceeded the July 31, 2010 balance by $0.3 million. Cash utilization in operations declined year over year by approximately $1 million to $1.8 million principally due to the reduced loss in the 2011 period. Management’s plan is to move towards being cash flow positive from operations in calendar 2011. There was no debt.

Among the quarter’s highlights (all references are to sequential quarter over quarter results, normalized for an inventory charge and severance of $1.8 million where applicable):

* Enzo Life Sciences, benefiting from increased emphasis on higher margin products, realized a greater than 100% gain in operating income.
* Enzo Clinical Labs increased revenues 6%, while reducing the operating loss 62%.
* Company-wide, gross margin increased $2.0 million or 17%.
* Operating expenses decreased 7%, or to 57% of revenues, from 63%.
* EBITDA, a non-GAAP measure, was $23,000, an improvement of $2.9 million from the prior quarter.
* Net loss for the quarter was reduced 70%.

Enzo Biochem, Inc., is a growth-oriented integrated life sciences and biotechnology company focused on harnessing biological process to develop research tools, diagnostics and therapeutics, and serves as a provider of test services, including esoteric tests, to the medical community.

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BTU International Inc. (Nasdaq:BTUI) a leading supplier of advanced thermal processing equipment and processes for the alternative energy and electronics manufacturing markets, announced the receipt of two new orders for Meridian™ in-line diffusion furnaces. The orders, valued in excess of $18 million, were received from a new and an existing customer based in Asia. In both cases, the systems will be used for capacity expansions. Including these orders, cumulative shipments of BTU in-line diffusion tools will exceed two gigawatts.

BTU International, Inc. engages in the design, manufacture, sale, and service of thermal processing systems used in various manufacturing processes primarily in the electronics and  energy industries.

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Super Micro Computer, Inc. (Nasdaq:SMCI) a leader in application optimized, high performance server solutions, announced that it will release second quarter fiscal 2011 financial results on Tuesday, January 25, 2011, immediately after the close of regular trading, followed by a teleconference beginning at 2:00 p.m. (Pacific Time). Supermicro will hold a teleconference to announce its second fiscal quarter financial results on January 25, 2011, beginning at 2 p.m. Pacific time. Those wishing to participate in the conference call should dial 1-888-213-3920 (international callers dial 1-913-312-0714) a few minutes prior to the call’s start to register.

Super Micro Computer, Inc. designs, develops, manufactures, and sells server solutions based on modular and open-standard x86 architecture.

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Source:Karl McMahon
Industry:Business, Finance, Stocks
Tags:american video teleconferencing, avot.pk, biomedical, biotechnology, btu, Canada, enz, enzo biochem, exploration
Shortcut:prlog.org/11231138
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