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  • Stocks in Focus | Wednesday | 07/21/10 | CYT | YHOO | PRKR | STTN |

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    Wednesday July 21st, 2010, 08:24 am EST

    Stocks in Focus Wednesday 07/21/2010 -  CYT, YHOO, PRKR, STTN

    Dear Traders,

    Hot stocks to watch on Wednesday 07/21/2010  are
    CYT - Cytec Industries Inc.
    YHOO - Yahoo! Inc.
    PRKR - ParkerVision, Inc.
    STTN - Smart-Tek Solutions Inc.

    CYT - Cytec Industries Inc.(NYSE:CYT)
    Cytec Industries Inc. (NYSE: CYT) said it expects 2010 earnings of $3.20 to $3.50 per share on revenue of $3.20 billion to $3.40 billion compared to previous guidance of $1.90 to $2.40 per share on revenue of $2.7 billion to $3.0 billion. Average Analysts expectations were $2.52 per share on revenue of $3.14 billion for the year ending December 31, 2010. Shane Fleming, Chairman, President and Chief Executive Officer commented, "The improved global demand we have experienced across our chemical businesses in the first half of 2010 leads us to a positive outlook for the remainder of 2010.".

    YHOO - Yahoo! Inc.(NASDAQ:YHOO)
    Yahoo Inc. (YHOO) shares dropped 6.1% in after hours after the company announced second quarter results. Yahoo Inc. (YHOO) declared net revenue was $1.13 billion compared to  analyst estimates of $1.16 billion. Net income rose to $213.3 million, or 15 cents a share which is 1 cent per share more than analysts expectations. Income last year same period was $141.4 million, or 10 cents a share.

    PRKR - ParkerVision, Inc.(NASDAQ:PRKR)
    ParkerVision, Inc. (Nasdaq:PRKR) announced Tuesday that it has entered into an agreement with its confidential baseband partner to supply RF chipsets that incorporate ParkerVision's d2p(TM) technology, for a 3G mobile handset design win. The agreement includes negotiated pricing and other terms for the baseband partner's purchase of one million RF chipsets from ParkerVision. The chipsets will be used with baseband processors sold to a leading mobile handset OEM, who is a significant customer of ParkerVision's baseband partner. ParkerVision will host a conference call tomorrow, Wednesday, July 21, 2010, at 9:00 a.m. Eastern time.

    STTN - Smart-Tek Solutions Inc(OTC:STTN)
    Smart-Tek Automated Services, Inc. (STTN.OB) announced that it has signed  an agreement with a Chicago-based broker who is targeting a minimum of $120 million in annual gross payroll with a resulting net reportable revenue (in compliance with GAAP) in excess of $40 million, subject to any adverse market changes. $40 million in annual gross payroll will be processed ($12 million net reportable revenue) by the quarter ending September 30, with the balance placed by quarter ending December 31. Wednesday can be another huge day for STTN.

    Work Smart Today to Enjoy your Tomorrow.

    God Bless,
    Be Rich.

    Stocks Popular Today

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    CYT - Cytec Industries Inc.(NYSE:CYT)
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