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  • Hot Stocks to Watch on Tuesday | TNAV | CYS | GDI | HPQ |

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    Tuesday Sept 21, 2010, 03:18 am EST
     
    Hot Stocks to Watch for Tuesday 09/21/10 -   TNAV, CYS, GDI, HPQ
     
    Dear Traders,
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    Hot Stocks to Watch Tuesday 09/21/2010  are
    TNAV- TeleNav, Inc.
    CYS- Cypress Sharpridge Investments, Inc.
    HPQ- Hewlett-Packard Company
    GDI- Gardner Denver, Inc.


    TNAV - TeleNav, Inc. (NASDAQ:TNAV)
    TeleNav, Inc. (Nasdaq:TNAV), a leading provider of location-based services including voice guided navigation on mobile phones, autos and enterprise  announced that the Company entered into amendments to its Master Application and Services Agreement with Sprint, its largest customer, and its License Agreement with Tele Atlas, a supplier of map and point of interest content used in TeleNav's services. TeleNav is expecting to gain on the changes in the agreement asa result of the amendments, the Company is updating its outlook for the quarter ending September 30, 2010 and providing guidance for the full fiscal year ending June 30, 2011
     
    CYS-Cypress Sharpridge Investments, Inc. (NYSE:CYS)
    Cypress Sharpridge Investments, Inc. (NYSE: CYS) today announced on MOnday that it plans to offer, subject to market and other conditions, 10,000,000 shares of its common stock in an underwritten public offering. The Company also plans to grant the underwriters an option for 30 days to purchase up to an additional 1,500,000 shares of common stock. Barclays Capital Inc., Credit Suisse Securities (USA) LLC and Deutsche Bank Securities Inc. are the joint bookrunners for the offering. JMP Securities LLC and Stifel, Nicolaus & Company, Incorporated are joint-lead managers and Oppenheimer & Co. Inc. is a co-manager for the offering

    HPQ- Hewlett-Packard Company (NYSE:HPQ)
    Hewlett-Packard Company and Oracle Corporation reaffirmed their long-term strategic partnership and the resolution of litigation regarding Mark V. Hurd's employment at Oracle. HP kept the terms of the settlement confidential. Mr. Hurd will adhere to his obligations to protect Hewlett-Packard's confidential information while fulfilling his responsibilities at Oracle. The agreement also reaffirms HP and Oracle's commitment to delivering the best products and solutions to their shared customers.

    GDI- Gardner Denver, Inc.(NYSE:GDI)

    Gardner Denver Inc. (NYSE:GDI) announced on Monday that Michael M. Larsen has been appointed as Vice President and Chief Financial Officer, effective October 11, 2010. Mr. Larsen succeeds Helen W. Cornell, who has served in this capacity since 2004 and previously advised the Company of her intention to retire to enable her to increase her involvement in family business matters. Mrs. Cornell will remain with the Company during a transition period, which is expected to be completed in November 2010.

     

    God Bless,
    Be Rich.


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