Smarter Utility

 

TMCNet: Welcome To Stock Marketing Inc!! Sign Up Today!! TQNT,AVNW,JDSU,MSG,SPAR,ROST

[March 18, 2010]

Welcome To Stock Marketing Inc!! Sign Up Today!! TQNT,AVNW,JDSU,MSG,SPAR,ROST

(M2 PressWIRE Via Acquire Media NewsEdge) STOCK MARKETING INC PRESENTS : (NASDAQ: TQNT) TriQuint Semiconductor, Inc., (NASDAQ: AVNW) Aviat Networks, Inc., (NASDAQ: JDSU) JDS Uniphase Corp., (NASDAQ: MSG) Madison Square Garden, Inc., (NASDAQ: SPAR) Spartan Motors, Inc., (NASDAQ: ROST) Ross Stores, Inc.


www.StockMarketingInc.com To sign up for our free Profiles & Alerts :: visit http://www.StockMarketingInc.com email us!! info@StockMarketingInc.com or call 1-866-583-8960 ------------------------------------------------------------------------------------------------------------------------------------------------------------ (NASDAQ: TQNT - TriQuint Semiconductor, Inc.) LATEST NEWS!! TriQuint Updates Q1 2010 Guidance HILLSBORO, Ore., Mar 18, 2010 -- TriQuint Semiconductor, Inc. (NASDAQ: TQNT) a leading RF front-end product manufacturer and foundry services provider, updated its Q1 2010 guidance and now expects revenue on the high end of previous guidance of $175 million, which represents more than 47% year-over-year growth. A tax credit of about $1 million will be recorded, and non-GAAP earnings per share is expected to increase from previous guidance of $0.08 - $0.10 per share to approximately $0.11 per share for the quarter ending April 3, 2010. Ralph Quinsey, TriQuint's President and Chief Executive Officer, announced this update at its annual Investor and Analyst Day in New York today. Following Quinsey's overview, several members of the executive team are outlining TriQuint market strategies and operational initiatives; these presentations are being webcast and the audio will be archived and accessible from the Events tab of TriQuint's investor website.

FACTS ABOUT TRIQUINT Founded in 1985, we "Connect the Digital World to the Global Network"(R) by supplying high-performance RF modules, components and foundry services to the world's leading communications companies. Specifically, TriQuint supplies products to four out of the top five mobile phone manufacturers, and is a leading gallium arsenide (GaAs) supplier to major defense and space contractors. TriQuint creates standard and custom products using advanced processes that include gallium arsenide, surface acoustic wave (SAW) and bulk acoustic wave (BAW) technologies to serve diverse markets including wireless handsets, laptops, GPS/PND, base stations, broadband communications and military. TriQuint is also the lead researcher in a multi-year DARPA program to develop advanced gallium nitride (GaN) amplifiers. TriQuint, as named by Strategy Analytics(1), is the number-three worldwide leader in GaAs devices and the world's largest commercial GaAs foundry. TriQuint has ISO9001 certified manufacturing facilities in Oregon, Texas, and Florida and a production plant in Costa Rica; design centers are located in North America and Germany. Visit TriQuint at www.triquint.com ------------------------------------------------------------------------------------------------------------------------------------------------------------ (NASDAQ: AVNW - Aviat Networks, Inc.) LATEST NEWS!! Aviat Networks Showcases New Brand at CTIA Wireless 2010 Company will present their Advanced IP Wireless Migration Solutions, Including LTE-Ready Backhaul RESEARCH TRIANGLE PARK, N.C., March 18, 2010 -- Aviat Networks, Inc. (Nasdaq: AVNW), a leading wireless expert in advanced IP network migration, makes its CTIA debut under its new brand identity March 23 - 25 in Las Vegas, Nevada. The Company's new brand represents a transformation over the past three years from a specialized microwave backhaul equipment supplier to a world-class provider of advanced IP wireless network solutions.

The Company will also present a significant new capability for its market-leading Eclipse(TM) Packet Node wireless backhaul solution which was previously announced at Mobile World Congress in Barcelona, Spain in February. The addition will provide important new functionality that will be required by operators to support legacy TDM traffic over an all-IP network for next-generation wireless IP backhaul network migration.

"Our recent unveiling of the Aviat Networks brand marked a significant milestone in the evolution of our Company and represents our commitment to quality and innovative products, highly individualized services, operational excellence and industry leadership," said Harald Braun, president and CEO of Aviat Networks. "Going forward, Aviat Networks and its best-in-class IP wireless backhaul solutions is uniquely positioned to help prepare mobile operators for the migration to LTE technologies." Aviat Networks senior executives will also be speaking at CTIA, and will provide perspectives on the backhaul challenges faced by mobile operators and the potential solutions offered by deploying microwave systems as an alternative to fiber and copper wireline options.

CTO Paul Kennard will be a panelist at Telecommunications Media Group's Mobile Backhaul for Maximum Network Potential on Tuesday, March 23 from 1:05 - 2:15pm in room N259.

CMO Shaun McFall will be a panelist at FierceWireless' The Path to 4G on Tuesday, March 23 from 2:15 - 3:00pm in room N260.

The proliferation of new Smartphones and other rich-media enabled wireless devices have resulted in a mobile data demand explosion. This phenomenon is becoming problematic for mobile operators in the US, who are scrambling to upgrade existing backhaul networks, bottlenecked by legacy TDM technologies and bandwidth limited copper lines. Aviat Networks leverages its leadership position in the market with a comprehensive wireless backhaul solution to support all key migration features, providing scalability sufficient to address the need for increased bandwidth, and support the requirements of LTE networks.

From fixed networks to broadband mobility, from TDM to all Ethernet/IP, from public to private, from planning to managed services, from the core to the edge - Aviat Networks is helping operators create, expand and manage the best networks for their markets and their bottom lines.

Aviat Networks will be exhibiting in the Central Hall, booth 2865.

For more information on Aviat Networks and CTIA Wireless 2010 please visit: Aviat Networks: www.aviatnetworks.com About Aviat Networks, Inc.

Aviat Networks, Inc. (Nasdaq: AVNW), previously known as Harris Stratex Networks, is a leading wireless expert in advanced IP network migration, building the foundation for the 4G/LTE broadband future. We offer best-of-breed transformational wireless solutions, including LTE-ready microwave backhaul, WiMAX access and a complete portfolio of essential service options that enable wireless public and private telecommunications operators to deliver advanced data, voice and video and mobility services around the world. Aviat is agile and adaptive to anticipate what's coming to help our customers make the right choices, and our products and services are designed for flexible evolution, no matter what the future brings. With global reach and local presence on the ground we work by the side of our customers, allowing them to quickly and cost effectively seize new market and service opportunities, while managing migration toward an all- IP future.

------------------------------------------------------------------------------------------------------------------------------------------------------------ (NASDAQ: JDSU - JDS Uniphase Corp.) LATEST NEWS!! JDSU Enhances T-BERD(R)/MTS 6000A for Satellite Communications Testing MILPITAS, Calif., March 18, 2010 -- JDSU (Nasdaq: JDSU) today introduced new Datacom and Diphase test features for its T-BERD/MTS-6000A Multi-Services Application Module (MSAM) for faster data communications circuit installment and troubleshooting. These new features are especially important to government, aerospace and defense customers who operate and maintain satellite communications networks which often include Datacom and Diphase interfaces.

The Datacom feature includes test functionality for verifying end-to-end circuit continuity and throughput, stressing and validating clock recovery circuits, and ensuring quality of service (QoS) over data communication circuits. The new conditioned Diphase (dual phase) feature adds support for testing diphase multiplexers and communication links, including synchronous/asynchronous operating modes.

"As telecommunications networks continue to evolve, the need for a single compact and portable tester that can expediently test and troubleshoot a diverse range of circuits and equipment grows," said Jim Nerschook, vice president and general manager in JDSU's Communications Test and Measurement business segment. "With these new features, the T-BERD/MTS-6000A MSAM saves time and simplifies testing for government, aerospace and defense customers that require highly accurate tools that can address a wide range of protocols." The T-BERD/MTS-6000A MSAM is the industry's most compact multi-function tester. It supports the installation and maintenance of Carrier Ethernet and Internet Protocol (IP) services while also having the ability to simultaneously test Fiber Channel, Optical Transport Network (OTN), NextGen, Synchronous Optical Network (SONET/SDH) and legacy Time Division Multiplex (TDM) protocols all in one rugged, handheld unit. To learn more about the T-BERD/MTS-6000A MSAM and the industries it serves, please visit www.jdsu.com.

About JDSU JDSU (Nasdaq: JDSU) enables broadband and optical innovation in the communications, commercial and consumer markets. JDSU is the leading provider of communications test and measurement solutions and optical products for telecommunications service providers, cable operators, and network equipment manufacturers. JDSU is also a leading provider of innovative optical solutions for medical/environmental instrumentation, semiconductor processing, display, brand authentication, aerospace and defense, and decorative applications. More information is available at www.jdsu.com.

------------------------------------------------------------------------------------------------------------------------------------------------------------ (NASDAQ: MSG - Madison Square Garden, Inc.) LATEST NEWS!! Madison Square Garden, Inc. Reports Fourth Quarter and Full Year 2009 Results NEW YORK, Mar 18, 2010 -- Madison Square Garden, Inc. (Nasdaq: MSG) today reported financial results for the fourth quarter and full year ended December 31, 2009. MSG became a public company on February 9, 2010.

Madison Square Garden's full year 2009 net revenues increased 1.9% to $1.062 billion compared with the full year 2008. Operating income(1) increased $63.3 million to $45.0 million and adjusted operating cash flow ("AOCF")(1)(2) increased $59.9 million to $120.6 million, each compared to the prior year.

Madison Square Garden President and CEO Hank Ratner said: "We are pleased by MSG's significant growth in AOCF, as well as our revenue results for the year, especially in light of the difficult economic environment. As we move forward as a public company, we are enthusiastic about the growth opportunities for each of our segments, and confident that our powerful brands and assets will work together to strengthen our overall business. Combined with the benefits the renovation of Madison Square Garden is expected to bring, we are excited about the future prospects of our fully-integrated sports, entertainment and media business." Madison Square Garden's fourth quarter 2009 net revenues increased 3.6% to $412.0 million compared to the prior year period, primarily reflecting an increase in MSG Media affiliate revenue. Operating income increased $37.4 million, to $44.0 million and AOCF increased 147.0% to $62.9 million, each as compared to the fourth quarter of 2008. Operating income and AOCF increases primarily reflect lower costs in the Company's Sports segment combined with the increase in affiliate revenue at MSG Media.

Results from Operations(1) Segment results for the quarters ended December 31, 2009 and 2008 are as follows: (Full year segment results are shown at the end of this release) Revenue, Net AOCF Operating Income (Loss) ------------------------ ---------------------- --------------------------Q4 % Q4 Q4 % Q4 % $ millions Q4 2009 2008 Change 2009 2008 Change Q4 2009 2008 Change -------- ------ ------ ----- ------ ------- --------- ------ -------MSG Media             $128.5  $112.9   13.8%  $41.2   $23.8    73.5%      $35.2   $17.4   102.5% MSG Entertainment      177.0   177.5  (0.3)%   19.0    25.6  (25.7)%       14.9    22.6  (34.0)% MSG Sports             123.7   123.7      --    3.8  (22.0)   117.3%        0.4  (25.4)   101.6% Other (including eliminations)        (17.1)  (16.6)  (3.4)%  (1.2)   (1.9)    38.8%      (6.6)   (8.0)    17.8% -------- ------ ------ ----- ------ ------- --------- ------ ------- Total Company         $412.0  $397.6    3.6%  $62.9   $25.5   147.0%      $44.0   $ 6.6       -- -------- ------ ------ ----- ------ ------- --------- ------ ------- Note: Does not foot due to rounding See notes below.

MSG Media MSG Media net revenues for the fourth quarter 2009 rose 13.8% to $128.5 million, operating income rose 102.5% to $35.2 million, and AOCF increased 73.5% to $41.2 million, all as compared to the prior year. These results were primarily driven by a $12.7 million increase in MSG Media affiliate revenue largely attributable to increases in contractual affiliate rates.

MSG Entertainment MSG Entertainment net revenues for the fourth quarter 2009 decreased slightly to $177.0 million, operating income decreased 34.0% to $14.9 million, and AOCF decreased 25.7% to 19.0 million, all as compared to the prior year. The decline in net revenues and operating income were primarily attributed to the company's entertainment productions, which was partly offset by improved bookings.

MSG Sports MSG Sports net revenues for the fourth quarter 2009 were essentially flat compared with the prior year period at $123.7 million, while operating income improved by $25.8 million to $0.4 million, and AOCF improved by $25.8 million to $3.8 million. These results reflect a $20.8 million decrease in net provisions for certain team personnel transactions, NBA luxury tax and NHL revenue sharing.

About Madison Square Garden Madison Square Garden is a fully-integrated sports, entertainment and media business. The company is comprised of three business segments: MSG Sports, MSG Entertainment and MSG Media, which are strategically aligned to work together to drive MSG's overall business, which is built on a foundation of iconic venues and compelling content that MSG creates, produces, presents and/or distributes through its programming networks and other media assets. MSG Sports consists of owning and operating sports franchises, including the New York Knicks (NBA), the New York Rangers (NHL), the New York Liberty (WNBA), and the Hartford Wolf Pack (AHL). MSG Sports also features other sports properties, including the presentation of a wide variety of live sporting events including professional boxing, college basketball, track and field and tennis. MSG Entertainment is one of the country's leaders in live entertainment. MSG Entertainment creates, produces and/or presents a variety of live productions, including the Radio City Christmas Spectacular featuring the Radio City Rockettes, throughout the country. MSG Entertainment also presents or hosts other live entertainment events such as concerts, family shows and special events in MSG's diverse collection of venues. These venues include Madison Square Garden, Radio City Music Hall, the Theater at Madison Square Garden, the Beacon Theatre, the Chicago Theatre and the Wang Theatre. MSG Media is a leader in production and content development for multiple distribution platforms, including content originating from MSG's venues. MSG Media consists of the MSG Networks (MSG network, MSG Plus, MSG HD and MSG Plus HD) regional sports networks and the Fuse Networks (Fuse and Fuse HD), a national television network dedicated to music. MSG Media is also responsible for managing interactive initiatives across all business segments. More information is available at www.msg.com.

------------------------------------------------------------------------------------------------------------------------------------------------------------ (NASDAQ: SPAR - Spartan Motors, Inc.) LATEST NEWS!! Spartan Motors Honors Supplier Performance Excellence CHARLOTTE, Mich., March 18, 2010 -- Spartan Motors Chassis, Inc., a subsidiary of Spartan Motors, Inc. (Nasdaq: SPAR) recognized its top-performing suppliers at its 8th Annual Supplier Conference yesterday in Charlotte, Mich.

"Spartan strives to procure high quality products and services that are delivered on time to support daily operations, but are also innovative and add value to the Spartan Chassis product lines," said Jeremy Wilson, Director of Supply Chain Management. "Spartan's suppliers play a critical role in ensuring our success in today's competitive environment." The following companies met or exceeded Spartan's standards of excellence for 2009: Allison Transmission (Indianapolis, IN) American Cooling Systems (Bloomfield Hills, MI) Bolton Conductive Systems (Walled Lake, MI) Formed Solutions, Inc. (Holland, MI) Harris Battery Company, Inc. (Bolivar, OH) Professional Metal Works (East Lansing, MI) Redmer Industries (Lansing, MI) Seats Incorporated (Westerville, OH) St. Clair Technologies, Inc. (Wallaceburg, Ontario) Titan Wheel Corporation (Chicago, IL) Vehicle Improvement Products (Antioch, IL) Wiley Metal Fabricating, Inc. (Marion, IN) The performance of Spartan's suppliers is continually assessed and evaluated by the Supplier Performance Action Review Committee (SPARC). To meet Spartan's standards of excellence, suppliers must meet performance criteria related to quality, delivery, customer support and competitiveness.

The SPARC awards, now in their eighth year, recognized the top four percent of Spartan's more than 300 suppliers for their ability to perform on time and on budget.

About Spartan Motors Chassis, Inc.: Spartan Motors Chassis, Inc., (www.spartanmotors.com) a subsidiary of Spartan Motors, Inc. (Nasdaq: SPAR), designs, engineers and manufactures specialty chassis, specialty vehicles and truck bodies and aftermarket parts for the outdoor recreation/RV, emergency-response, defense, delivery and service markets. The company's brand names Spartan(TM), Crimson Fire(TM), Crimson Fire Aerials(TM), Road Rescue(TM) and Utilimaster(R) - are known for quality, value, service and being the first to market with innovative products. The company employs approximately 1,600 at facilities in Michigan, Pennsylvania, South Carolina, South Dakota, Indiana and Texas. Spartan reported sales of $430 million in 2009 and is focused on becoming a global leader in the manufacture of specialty vehicles and chassis.

------------------------------------------------------------------------------------------------------------------------------------------------------------ (NASDAQ: ROST - Ross Stores, Inc.) LATEST NEWS!! Ross Stores Reports Record Fourth Quarter and Fiscal Year 2009 Earnings PLEASANTON, Calif., March 18, 2010 -- Ross Stores, Inc. (Nasdaq: ROST) today reported earnings per share for the 13 weeks ended January 30, 2010 of $1.16, up 53% from $.76 for the 13 weeks ended January 31, 2009. Net earnings for the 13 weeks ended January 30, 2010 grew to a record $142.9 million, up 47% from $97.4 million for the 13 weeks ended January 31, 2009. Sales for the fourth quarter ended January 30, 2010 grew 14% to $1.980 billion, with comparable store sales up 10% over the prior year.

For the 52 weeks ended January 30, 2010, earnings per share grew 52% to $3.54, up from $2.33 for the 52 weeks ended January 31, 2009. Net earnings for the 2009 fiscal year ended January 30, 2010 grew 45% to a record $442.8 million, from $305.4 million for the 2008 fiscal year ended January 31, 2009. Sales for the 2009 fiscal year increased 11% to $7.184 billion, with comparable store sales up 6% on top of a 2% gain in the prior year.

Michael Balmuth, Vice Chairman and Chief Executive Officer, commented, "We are exceptionally pleased with our outstanding sales and earnings results for the fourth quarter and full year. During one of the most challenging economic and retail environments, we not only generated stronger-than-planned revenues, but did so with record merchandise gross margins that drove double digit operating profits as a percent of sales. The best performing merchandise categories for both the quarter and the year were Shoes, Dresses and Home, while geographic trends were broadbased, with all regions posting healthy comparable store sales gains for both periods." Mr. Balmuth continued, "Earnings before interest and taxes for the 2009 fourth quarter grew about 260 basis points to 11.7% of sales, up from 9.1% in the prior year period. This higher profit margin was mainly due to a 230 basis point improvement in cost of goods sold along with a 30 basis point decline in selling, general and administrative costs. For the 2009 fiscal year, operating margin increased about 250 basis points over the prior year to 10.1% of sales, driven by a 230 basis point decline in cost of goods sold combined with a 20 basis point reduction in selling, general and administrative expenses. Key drivers of our improved profitability for both the fourth quarter and the year were much higher merchandise gross margin, lower shortage costs and leverage on operating expenses from the strong gains in same store sales." "Healthy operating cash flows during the year continued to provide the resources to make capital investments in new store growth and infrastructure and fund our ongoing stock repurchase and dividend programs. During 2009, we repurchased a total of 7.4 million shares of common stock for an aggregate purchase price of $300 million, completing the two-year $600 million stock repurchase program announced in early 2008. In January 2010, our Board of Directors approved a new two-year $750 million stock repurchase program along with a 45% increase in our quarterly cash dividend to $.16 per common share. These actions reflect our confidence in the Company's ongoing ability to generate healthy amounts of excess cash and our commitment to enhancing stockholder returns," Mr. Balmuth said.

Looking ahead to 2010, Mr. Balmuth commented, "Our past results demonstrate that we can deliver consistent growth in both healthy and challenging economic climates if we execute our strategies well. This long-term record gives us the confidence to project strong cash flows from additional increases in both comparable store sales and earnings per share during 2010 and beyond." The Company will host a conference call on Thursday, March 18, 2010 at 11:00 a.m. Eastern time to provide additional details concerning the fourth quarter and fiscal year 2009 results and management's outlook and plans for 2010. A real time audio webcast of the conference call will be available in the Investors section of the Company's website, located at www.rossstores.com ------------------------------------------------------------------------------------------------------------------------------------------------------------ About StockMarketingInc.com StockMarketingInc.com is a website that profiles stocks of interest. We are not licensed brokers or financial consultants. The information here is believed to be reliable, but not guaranteed to be accurate by StockMarketingInc.com. Please be advised that the information contained may or may not be complete and is solely for informational purposes only. This is not to be construed as an offer to sell, hold or the solicitation of an offer to buy. Investors are encouraged to seek opinions by their registered brokers or financial advisors after extensive due diligence is performed.

((Comments on this story may be sent to info@m2.com)) (c) 2010 M2 COMMUNICATIONS

[ Back To Homepage ]