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PicksThatMove: www.PicksThatMove.com: "Picks that move" Alerts, July 9, 2009: FSR, BRCM, GCOM, ULTI, SMSC and EPIC.
Jul 09, 2009 (M2 PRESSWIRE via COMTEX) --
Picksthatmove.com Alerts include Flagstone Reinsurance Holdings Limited (NYSE: FSR); Broadcom Corporation (Nasdaq: BRCM); Globecomm Systems Inc. (NASDAQ: GCOM); Ultimate Software (Nasdaq: ULTI); SMSC (NASDAQ: SMSC) and Epicor Software Corporation (NASDAQ: EPIC)
-- July 8, 2009 Flagstone Reinsurance Holdings Limited (NYSE:FSR) closed at $9.73 on a volume of 269,972 shares.
In a press release out on July 9, 2009 Flagstone Re Comments on Agreement between Validus and IPC Re
HAMILTON, Bermuda, Jul 09, 2009 -- Flagstone Reinsurance Holdings Limited (NYSE:FSR) issued the following comment on the announcement of a definitive agreement for amalgamation between IPC Holdings Ltd and Validus.
About Flagstone Reinsurance Holdings Limited
Flagstone Reinsurance Holdings Limited, through its operating subsidiaries, is a global multi-line reinsurance and insurance company that employs a focused, technical approach to the Property, Property Catastrophe, and Specialty reinsurance and insurance businesses. Flagstone Reassurance Suisse SA has an "A-" financial strength rating from both A.M. Best and Fitch Ratings, and an "A3" rating from Moody's Investors Service.
-- July 8, 2009 Broadcom Corporation (Nasdaq: BRCM) closed at $23.35 on a volume of 10,650,729 shares.
In a press release out on July 9, 2009 Broadcom Drops Efforts to Acquire Emulex Corporation
IRVINE, Calif., July 9, 2009 -- Broadcom Corporation (Nasdaq: BRCM), in response to today's rejection by the Board of Directors of Emulex Corporation (NYSE: ELX) of its proposal to enter into friendly discussions toward a negotiated transaction, said it would cease all efforts to acquire Emulex.
About Broadcom
Broadcom Corporation is a major technology innovator and global leader in semiconductors for wired and wireless communications. Broadcom (R) products enable the delivery of voice, video, data and multimedia to and throughout the home, the office and the mobile environment. We provide the industry's broadest portfolio of state-of-the-art system-on-a-chip and software solutions to manufacturers of computing and networking equipment, digital entertainment and broadband access products, and mobile devices. These solutions support our core mission: Connecting everything(R)
-- July 8, 2009 Globecomm Systems Inc. (NASDAQ: GCOM) closed at $6.47 on a volume of 69,732 shares.
In a press release out on July 9, 2009 Globecomm Systems Awarded a $3.6 Million Contract from a Global Organization for Multi-Media Processing Centers
HAUPPAUGE, N.Y., Jul 09, 2009 -- Globecomm Systems Inc. (NASDAQ: GCOM), a leading provider of satellite-based communications infrastructure solutions and services on a global basis, today announced that the Company has received a contract from a global organization valued at $3.6 million.
About Globecomm Systems
Globecomm Systems Inc. provides end-to-end value-added satellite-based communication products, services and solutions by leveraging its core satellite ground segment systems and network capabilities, with its satellite communication services capabilities. The products and services Globecomm offers include pre-engineered systems, systems design and integration services, managed network services and life cycle support services. Globecomm's customers include communications service providers, commercial enterprises, broadcast and other media and content providers and government and government-related entities.
-- July 8, 2009 Ultimate Software (Nasdaq: ULTI) closed at $21.89 on a volume of 261,066 shares.
In a press release out on July 9, 2009 Ultimate Software Schedules Conference Call for Second Quarter 2009 Financial Results
WESTON, Fla., Jul 09, 2009 -- Ultimate Software (Nasdaq: ULTI), a leading provider of end-to-end, strategic human resources, payroll, and talent management solutions, will be hosting a conference call on Tuesday, July, 28, 2009 at 5:00 p.m. Eastern Time to discuss its financial results for the second quarter of 2009. Forward-looking information about future company performance may be discussed during the teleconference call. The call is open to the public and will be hosted by Scott Scherr, CEO, president and founder, and Mitchell Dauerman, CFO, executive vice president, and treasurer. The call will be audiocast live via Vcall at http://www.investorcalendar.com/IC/CEPage.asp?ID=147063
About Ultimate Software
A leading provider of end-to-end strategic human resources, payroll, and talent management solutions, Ultimate markets its award-winning UltiPro products as on-demand services through Software-as-a-Service (SaaS) and as on-premise software. Based in Weston, FL, the Company employs more than 900 professionals who are focused on developing the highest quality products and services. In 2009, Ultimate was awarded first place in the People's Choice Stevie(R) competition for Favorite New SaaS Product and was ranked the #1 best medium-sized company to work for in America by the Great Place to Work(R) Institute for the second consecutive year. In 2008, Ultimate was the first HR/payroll SaaS provider to be audited and awarded the ISO/IEC 27001:2005 Certification for security management and was recognized for having the #1 "Best Product Development Team" in the nation by the American Business Awards. Ultimate has more than 1,700 customers representing diverse industries, including such organizations as The Container Store, Elizabeth Arden, Major League Baseball, The New York Yankees Baseball Team, Nintendo of America, Ruth's Chris Steak House, and Sony Music Entertainment. More information on Ultimate's products and services can be found at www.ultimatesoftware.com.
-- July 8, 2009 SMSC (NASDAQ: SMSC) closed at $19.49 on a volume of 175,865 shares.
In a press release out on July 9, 2009 SMSC Announces Results of Annual Meeting of Stockholders
HAUPPAUGE, N.Y., Jul 09, 2009 -- SMSC (NASDAQ: SMSC) announced that at its July 8, 2009 Annual Meeting of Stockholders, the shareholders of SMSC elected Andrew M. Caggia, James A. Donahue, Dr. Kenneth Kin and Christine King as directors of SMSC to serve until the Company's 2012 Annual Meeting of Stockholders, voted to adopt the 2009 Long-Term Incentive Plan and Selected Officer Management Incentive Plan, and ratified the selection of PricewaterhouseCoopers LLP as SMSC's independent registered public accounting firm.
About SMSC:
Many of the world's most successful global technology companies rely upon SMSC as a go-to resource for semiconductor system solutions that span analog, digital and mixed-signal technologies. Leveraging substantial intellectual property, integration expertise and a comprehensive global infrastructure, SMSC solves design challenges and delivers performance, space, cost and time-to-market advantages to its customers. SMSC's application focus targets key vertical markets including consumer electronics, automotive infotainment, PC and industrial applications. The Company has developed leadership positions in its select markets by providing application specific solutions such as mixed-signal embedded controllers, non-PCI Ethernet, ARCNET, MOST(R) and Hi-Speed USB.
-- July 8, 2009 Epicor Software Corporation (NASDAQ: EPIC) closed at $5.50 on a volume of 342,135 shares
In a press release out on July 9, 2009 Barnes & Noble College Booksellers, Inc. Selects Epicor(R) Retail Sales Audit Solution
Software to Deliver Value and Efficiency across Operations and College Bookstores throughout the U.S.
IRVINE, Calif., Jul 09, 2009 -- Epicor Software Corporation (NASDAQ: EPIC), a leading provider of enterprise business software solutions to the midmarket and Global 1000 companies, today announced Barnes & Noble College Booksellers, Inc. has selected Epicor's Sales Audit software solution to validate and relay accurate and timely transaction information throughout the enterprise.
About Epicor Software Corporation
Epicor Software is a global leader delivering business software solutions to the manufacturing, distribution, retail, hospitality and services industries. With 20,000 customers in over 150 countries, Epicor provides integrated enterprise resource planning (ERP), customer relationship management (CRM), supply chain management (SCM) and enterprise retail software solutions that enable companies to drive increased efficiency and improve profitability. Founded in 1984, Epicor celebrates 25 years of technology innovation delivering business solutions that provide the scalability and flexibility businesses need to build competitive advantage. Epicor provides a comprehensive range of services with a single point of accountability that promotes rapid return on investment and low total cost of ownership, whether operating business on a local, regional or global scale. The Company's worldwide headquarters are located in Irvine, California with offices and affiliates around the world. For more information, visit www.epicor.com.
About PicksThatMove.com
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