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www.PicksThatMove.com: "Picks that move" Alerts, November 23, 2009: GY, ALU, IBM, SJI, EDR and S
[November 23, 2009]

www.PicksThatMove.com: "Picks that move" Alerts, November 23, 2009: GY, ALU, IBM, SJI, EDR and S


(M2 PressWIRE Via Acquire Media NewsEdge) Picksthatmove.com Alerts include GenCorp Inc. (NYSE: GY); Alcatel-Lucent (NYSE: ALU); IBM (NYSE: IBM); South Jersey Industries (NYSE:SJI); Education Realty Trust, Inc. (NYSE:EDR) and Sprint (NYSE: S) -- November 23, 2009 GenCorp Inc. (NYSE: GY) trading at $8.89 on a volume of 216,915 shares In a press release on November 23, Aerojet Propulsion Critical to Atlas V Launch and Intelsat-14 Satellite Transfer to Final Orbit SACRAMENTO, Calif., Nov 23, 2009 Aerojet, a GenCorp (NYSE: GY) company, announced its key role in today's successful launch of United Launch Alliance's Atlas V rocket carrying the Intelsat-14 commercial communications satellite. The launch services by ULA were performed on behalf of Lockheed Martin Commercial Launch Services. Aerojet provided three solid rocket boosters for the launch vehicle, eight retro rockets for the Atlas Centaur separation from the launch vehicle, 12 reaction control thrusters for the Centaur stage as well as the 100-lbf bipropellant apogee engine that will boost the Intelsat-14 satellite to its final geosynchronous orbit.

About Aerojet Aerojet is a world-recognized aerospace and defense leader principally serving the missile and space propulsion, defense and armaments markets. GenCorp is a leading technology-based manufacturer of aerospace and defense products and systems with a real estate segment that includes activities related to the entitlement, sale, and leasing of the company's excess real estate assets. Additional information about Aerojet and GenCorp can be obtained by visiting the companies' Web sites at http://www.Aerojet.com and http://www.GenCorp.com.

About GenCorp Inc.


GenCorp Inc. is engaged in the manufacturing of aerospace and defense systems with a real estate segment that includes activities related to the entitlement, sale, and leasing of the excess real estate assets. The Company operates in two business segments: aerospace and defense, and real estate. The aerospace and defense segment includes the operations of Aerojet-General Corporation (Aerojet), which develops and manufactures propulsion systems for defense and space applications, armament systems for precision tactical weapon systems and munitions applications. The Company is also engaged in providing propulsion systems, and solid and liquid propellant-based systems. The real estate segment includes activities related to the entitlement, sale, and leasing of the excess real estate assets. The Company owns approximately 12,200 acres of land adjacent to United States Highway 50 between Rancho Cordova and Folsom, California, east of Sacramento (Sacramento Land).

-- November 23, 2009 Alcatel-Lucent (NYSE: ALU) trading at $3.61 on a volume of 6.61M shares In a press release on November 23, Alcatel Lucent: Alcatel-Lucent and Integ launch a new partnership for carrier grade communications solutions to Australian verticals Sydney, Nov 23, 2009 Alcatel-Lucent (Euronext Paris and NYSE: ALU) and Integ have today launched a new business partnership, extending the reach of Alcatel-Lucent's carrier grade communications solutions to Integ's customers across industries including mining, utilities, energy and government.

The partnership includes IP/MPLS and optical transmission solutions, and combine the capabilities of both partners' end-to-end integration services, tailoring solutions based on project complexity and customer needs.

About Alcatel-Lucent Alcatel-Lucent (Euronext Paris and NYSE: ALU) is the trusted partner of service providers, enterprises and governments worldwide, providing solutions to deliver voice, data and video communication services to end-users. A leader in fixed, mobile and converged broadband networking, IP technologies, applications and services, Alcatel-Lucent leverages the unrivalled technical and scientific expertise of Bell Labs, one of the largest innovation powerhouses in the communications industry. With operations in more than 130 countries and the most experienced global services organization in the industry, Alcatel-Lucent is a local partner with a global reach. Alcatel-Lucent achieved revenues of Euro 16.98 billion in 2008 and is incorporated in France, with executive offices located in Paris. For more information, visit Alcatel-Lucent on the Internet: http://www.alcatel-lucent.com -- November 23, 2009 IBM (NYSE: IBM) trading at $128.82 on a volume of 1.56M shares.

In a press release out on November 23, IBM Announces Expiration of Early Exchange Period for Debt Exchange Offers ARMONK, N.Y., Nov 23, 2009 IBM (NYSE: IBM) today announced the expiration of the early exchange period in connection with its offers to exchange (the "Exchange Offers") any and all of its 7.125 percent Debentures due 2096 (the "7.125 Percent Notes"), 7.000 percent Debentures due 2045 (the "7.000 Percent Notes) and 8.000 percent Notes due 2038 (the "8.000 Percent Notes" and, together with the 7.125 Percent Notes and 7.000 Percent Notes, the "Old Notes") for a new series of 5.600 Percent Senior Notes due 2039 (the "New Notes") and cash. As of 5:00 p.m. EST, on Friday, November 20, 2009 (the "Early Exchange Date"), approximately $500 million of the 7.125 Percent Notes, $123 million of the 7.000 Percent Notes and $811 million of the 8.00 Percent Notes have been tendered for exchange. The Exchange Offers will expire at 12:00 midnight EST, on Monday, December 7, 2009 (the "Expiration Date"), unless extended by IBM. IBM is conducting the Exchange Offers to retire high coupon long-dated debt in a favorable interest rate environment.

About IBM International Business Machines Corporation (IBM), is an information technology (IT) company. The Company's major operations include Global Technology Services segment (GTS), Global Business Services segment (GBS), Software segment, Systems and Technology segment, and Global Financing segment. On January 31, 2008, the Company acquired 100% of Cognos, Inc. On April 3, 2008, IBM acquired 100% of Telelogic, AB. In July 2008, the Company acquired Platform Solutions, Inc. In December 2008, its internal global logistics operations were acquired by SNCF Transport and logistics division of Geodis. In July 2009, IBM acquired Ounce Labs, Inc., a privately held company based in Waltham, Massachusetts, whose software helps companies to reduce the risks and costs associated with security and compliance concerns. In August 2009, the Company announced the launch of its China Analytics Solution Center, part of a network of global centers.

-- November 23, 2009 South Jersey Industries (NYSE:SJI) last at $36.43 a volume of 50,478 shares In a press release out on November 23, South Jersey Industries Raises Dividend 11% FOLSOM, N.J., Nov 23, 2009 South Jersey Industries (NYSE:SJI) announced today that its board of directors voted to increase the company's regular quarterly dividend from $0.2975 to $0.33 per share. The increase equates to an annualized dividend of $1.32, a $0.13 per share increase over the previous level. This marks the 11th year in a row that SJI has increased its dividend.

About South Jersey Industries South Jersey Industries (NYSE: SJI) is an energy services holding company. A member of the KLD Global Climate 100 Index, SJI offers solutions to global warming through renewable energy, clean technology and efficiency. South Jersey Gas, one of the fastest growing natural gas utilities in the nation, strongly advocates the efficient use of energy while safely and reliably delivering natural gas in southern New Jersey. South Jersey Energy Solutions, the parent of SJI's non-regulated businesses, provides innovative, environmentally-friendly energy solutions that help customers control energy costs. South Jersey Energy acquires and markets natural gas and electricity for retail customers, and offers energy-related services. Marina Energy develops and operates on-site energy projects. South Jersey Resources Group provides wholesale commodity marketing and risk management services. South Jersey Energy Service Plus installs, maintains and services residential and commercial heating, air conditioning and water heating systems, services appliances, installs solar systems, provides plumbing services and performs energy audits. For more information about SJI and its subsidiaries, visit http://www.sjindustries.com.

-- November 23, 2009 Education Realty Trust, Inc. (NYSE:EDR) last at $5.02 on a volume of 160,104 shares In a press release out on November 23, Education Realty Trust Announces Closing of $95 Million Revolving Credit Facility MEMPHIS, Tenn., Nov 23, 2009 Education Realty Trust, Inc. (NYSE:EDR), one of the nation's largest developer, owner, and manager of student housing communities today announced the closing of a $95 million secured revolving credit facility. The new facility has a three year term with a one year extension option and contains an accordion feature allowing the Company to increase the total commitment under the facility to $150 million upon request by the company and lender approval. The facility is currently secured by five properties. KeyBank National Association is the administrative agent for the credit facility.

About Education Realty Trust Education Realty Trust (NYSE:EDR) is a self-administered, self-managed real estate investment trust that owns, develops and manages high-quality student housing communities throughout the United States. Led by a team with over 200 years of shared industry experience, EDR is one of America's largest owners and operators of collegiate student housing. Its portfolio includes 64 communities in 22 states with 37,827 owned and managed beds. For more information please visit the Company's website at www.educationrealty.com.

-- November 23, 2009 Sprint (NYSE: S) trading at $3.38 on a volume of 8.85M shares In a press release out on November 23, Sprint Wireless Solution Allows Nevada Cancer Institute to Access Real-time Information Like Never Before OVERLAND PARK, Kan., Nov 23, 2009 Nevada Cancer Institute (NVCI) has selected Sprint (NYSE: S) as its wireless communications provider of choice at its new, state-of-the-art facility near Las Vegas. This is the first Sprint in-building coverage and capacity agreement involving a large healthcare institution in the Las Vegas market.

About Sprint Nextel Sprint Nextel offers a comprehensive range of wireless and wireline communications services bringing the freedom of mobility to consumers, businesses and government users. Sprint Nextel is widely recognized for developing, engineering and deploying innovative technologies, including two wireless networks serving more than 48 million customers at the end of the third quarter of 2009 and the first and only 4G service from a national carrier in the United States; industry-leading mobile data services; instant national and international push-to-talk capabilities; and a global Tier 1 Internet backbone. The company's customer-focused strategy has led to improved first call resolution and customer care satisfaction scores. For more information, visit www.sprint.com.

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