Turning Pennies into dollars: (PINKSHEETS: APGR), (NYSE: IBM), (NYSE: RTN), (PINKSHEETS: CWRM), (OTCBB: CUNB).
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Alpine TLI Group, Inc. (PINKSHEETS: APGR)(January 28, 2008), a full service tax lien and tax deed purchase, research, and property management company, announced that a strengthening trend of its market share and portfolio acquisition opportunities as the sub-prime mortgage foreclosures and weakening economy continues to accelerate. Turmoil in the foreclosure market and current housing trends offer exceptional opportunities in the next 18 months to buy property at 1% to 20% of market value at tax lien and tax deed sales.
M. Taylor Abegg, II, Chief Executive Officer of Alpine TLI Group, Inc., stated, "Most sub-prime mortgages did not impound property tax payments, meaning the property owner who could not make the monthly mortgage payment did not have an escrow account set aside to pay their property taxes. As a result, record numbers of properties have gone delinquent in the payment of their property taxes. These properties will subsequently be offered at tax sales across the country. This will provide an incredible opportunity for Alpine to build a massive portfolio of quality real estate in 2008. With all the turmoil in the foreclosure market, there are going to be some incredible opportunities in the next 18 to 24 months to acquire property at 1% to 20% of market value through property tax sales."
ALPINE TLI GROUP, Inc. is a full service tax lien and tax deed purchase, research, and property management company. Alpine specializes in identifying and researching properties that have the propensity of creating a highly leveraged investment opportunity through the purchase of real estate tax lien certificates and tax deeds.
It is estimated that over $10 Billion in property tax liens are offered for sale annually representing over $1 Trillion in potential property value profits for the purchasers of these tax liens. Tax lien certificates are typically acquired by Alpine for 1% to 20% of the property value. If the lien is redeemed by the property owner, a return of 4% to 25% APR is realized by Alpine. If the lien is not redeemed, the deed to the property is granted to Alpine, free and clear of all encumbrances.
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IBM (NYSE: IBM)(January 28, 2008) announced recently to more than 7,000 customers and Business Partners at its annual Lotusphere conference that five mobile software companies will be included in a new CD-based Mobile Bonus Pack that will ship with the next release of Lotus Domino software 8.0.1 due next month.
Lotus Notes Traveler, which was announced in September, will provide automatic real-time wireless replication of email including attachments, read and unread indicators, calendar, contacts, personal journal and the Personal Information Manager applications on mobile devices running the Microsoft Windows Mobile 5 or 6 platform available from many device manufacturers. This capability will also ship with Lotus Domino 8.0.1.
The pack includes a CD that contains information about the mobile solutions from IBM Lotus mobile Business Partners that support Lotus Notes and Domino software.
The partners who will be included in the pack are Commontime, Motorola - Good Technology Group, Nokia, Research In Motion (RIM) and Sybase iAnywhere.
Lotus Notes and Domino software, licensed to more than 135 million users, was developed with input from more than 25,000 customers. Shipping since August, Lotus Notes 8 software transforms the inbox into an integrated workspace, bringing together email, calendar, instant messaging, office productivity tools and collaboration applications.
"This support greatly increases the mobile ecosystem for the latest version of Lotus Notes and Domino tools," said Kevin Cavanaugh, vice president, IBM Lotus Software. "Many call Lotus Notes 8 software the 'desktop of the future.' To people who travel a lot, this desktop refers to the screens on their mobile devices."
IBM has been previewing Lotus Notes Traveler running on several devices at Lotusphere. This solution can run directly on the existing Lotus Domino server or on a stand-alone Domino server that acts as a mobile proxy to customers' existing Domino servers.
IBM helped pioneer information technology over the years, and it stands today at the forefront of a worldwide industry that is revolutionizing the way in which enterprises, organizations and people operate and thrive.
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Raytheon Company's (NYSE: RTN)(January 28, 2008) Space and Airborne Systems business announced they have named W. Timothy Carey vice president for its Intelligence, Surveillance and Reconnaissance Systems organization.
Carey assumes overall responsibility for the business operations and strategic direction of the ISR systems group, which produces and supports a vast array of electro-optical and infrared sensors, active electronically scanned array and scanning radars, and various integrated system solutions for strike, persistent surveillance and special mission applications. He will succeed Michael L. Proch, who is retiring after 34 years of dedicated leadership and outstanding contributions to the company.
Previously, Carey served as vice president and deputy for National and Theater Security Programs in Raytheon's Integrated Defense Systems business. Since joining Raytheon in 1978, Carey has held positions of increasing responsibility including vice president for integrated air defense. He has provided leadership for such key products and projects as the Patriot and Hellenic Patriot air and missile defense systems, the National Missile Defense X-Band Radar, the Joint Land-Attack Cruise Missile Defense Elevated Netted Sensor, and the System for the Vigilance of the Amazon, an environmental monitoring effort for the government of Brazil.
A native of Massachusetts, Carey received a bachelor's degree in physics from the University of Lowell and a master's degree in electrical engineering from Northeastern University.
Raytheon Space and Airborne Systems is a leading provider of sensor systems giving military forces the most accurate and timely actionable intelligence available for the network-centric battlefield. With 2006 revenues of $4.3 billion and 12,000 employees, SAS is headquartered in El Segundo, Calif. Additional facilities are in Goleta and San Diego, Calif.; Forest, Miss.; Dallas, McKinney and Plano, Texas; and several international locations.
Raytheon Company, with 2006 sales of $19.7 billion, is a technology leader specializing in defense, homeland security and other government markets throughout the world. With a history of innovation spanning 85 years, Raytheon provides state-of-the-art electronics, mission systems integration and other capabilities in the areas of sensing; effects; and command, control, communications and intelligence systems, as well as a broad range of mission support services. With headquarters in Waltham, Mass., Raytheon employs 72,000 people worldwide.
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Cotton & Western Mining, Inc. (PINKSHEETS: CWRM)(January 28, 2008) announced they may sell as much as 50 percent of the Baja California iron ore production at spot prices, which are currently at record highs. Year 2008 annual fixed-price contract negotiations are currently in progress with producers of the steelmaking raw material. Robert L. Cotton, President & C.E.O. of Houston-based Cotton & Western Mining, said today, that the company is expecting to get at minimum six months production from its Baja California new iron ore production and is negotiating with its investment partner to guarantee only 50 percent of the estimated 150,000 Dry Metric Ton per month production; this would free up one Panamax shipment per month for spot sales which is expected to be between $180 to $190 a ton, rather than the $62 a ton paid under FOB fixed-price annual contract.
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California United Bank (OTCBB: CUNB)(January 28, 2008) announced that it reached profitability in only its second full year of operations. The Bank's unaudited results showed that net income for the year ended December 31, 2007 increased by $2.96 million over 2006, resulting in net earnings of $29.0 thousand for the year ended December 31, 2007. In addition, total assets at December 31, 2007 grew by $81.8 million to $260.0 million, a 45.9 percent increase over December 31, 2006.
"It is noteworthy for any denovo bank to reach profitability after its first two full years of operations, particularly while absorbing the start-up costs of two additional branches," pointed out President and Chief Executive Officer David I. Rainer. "This success has come from our core business, without brokered deposits or loan pool purchases. Despite the challenging market, start-up costs of our new Santa Clarita Valley Regional Office and approximately $400,000 in expenses attributable to Sarbanes-Oxley compliance, the Bank was able to achieve three consecutive profitable quarters in 2007, as well as overall profitability for the year," he said.
Rainer concluded: "Our success in the past two years is attributable to our relationship business model, strong capital ratios, notable growth in loans and deposits, and prudent loan policies. The fact that we have no non-earning loans, no credit cards, and no sub-prime loans, attests to the prudence of our approach to banking in this volatile environment. The introduction of new treasury management products such as Positive Pay, and the conclusion of our successful secondary offering in 2007, are two notable achievements during this period." 2007 Financial Highlights included: Total assets of $260.0 million at December 31, 2007, were up $81.8 million or 45.9 percent from December 31, 2006.
Deposits increased by $74.8 million to $191.0 million at December 31, 2007 as compared to $116.2 million at the same date in 2006. The Bank continues to increase its deposit portfolio, without utilizing brokered deposits. Credit Quality remained extremely strong with no non-performing loans or delinquencies over 30 days at December 31, 2007. The Bank has not charged off any loans since its inception. In addition, the Bank had no sub-prime loans, or investment securities backed by sub-prime loans on its books at December 31, 2007.
Capital levels exceeded all regulatory standards for "well capitalized." Total risk-based capital and Tier 1 risk-based capital ratios at December 31, 2007 were 25.9 percent and 24.9 percent, respectively, compared with the minimum regulatory requirements of 10 percent and 6 percent to be considered "well capitalized." The Bank's leverage ratio at December 31, 2007 was 21.4 percent, compared with regulatory minimums of 4 percent.
California United Bank provides a full range of financial services, including credit and deposit products, cash management, and internet banking for business and high net worth individuals from its headquarters office at 15821 Ventura Boulevard, Suite 100, Encino, CA 91436; West Los Angeles Regional Office at 1640 South Sepulveda Boulevard, Suite 114, Los Angeles, CA 90025; and Santa Clarita Valley Regional Office at 25350 Magic Mountain Parkway, Suite 100, Valencia CA 91355.
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Investors are advised that this analysis is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy. This report does not have regard to the specific investment objectives, financial situation and the particular needs of any specific person who may receive this information. The information contained herein is based on sources that we believe to be reliable but is not guaranteed by us as being accurate and does not purport to be a complete statement or summary of the available data. Past performance is no guarantee of future results. Please consult a broker before purchasing or selling any securities mentioned on RealPennies. For more movers: http://www.realpennies.com/wrapup.html
Any opinions expressed herein are statements of our judgment as of the date of publication and are subject to change without notice.
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Showing posts with label (NYSE: IBM). Show all posts
Showing posts with label (NYSE: IBM). Show all posts
Monday, January 28, 2008
Wednesday, January 23, 2008
(NYSE: IBM), (NASDAQ: HCSG), (NYSE: AXP), (OTCBB: BDYT)…..
RealPennies.com: Turning Pennies into dollars: (NYSE: IBM), (NASDAQ: HCSG), (NYSE: AXP), (OTCBB: BDYT)…..
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IBM (NYSE: IBM)(January 23, 2008) announced that it has been recognized as the world leader in the intrusion detection (IDS) and intrusion prevention (IPS) market in 2007 in a new research service by global growth consulting company, Frost & Sullivan. The research service, entitled "World Intrusion Detection and Prevention Systems Markets," examined the market penetration, long-term vision and competitive differentiators of over 40 market participants and found IBM ISS to be the leader with a 22 percent share of the global market.
"IBM ISS has surprised the entire market by quickly moving from a predominately intrusion detection device base to intrusion prevention," said Rob Ayoub, industry analyst for Information & Communication Technology, Frost & Sullivan. "IBM ISS also has focused on integrating its network and host based solutions to provide a unified solution to customers. The end-to-end combination of network and host based IPS provides a value proposition that significantly aids administrators in the deployment and management of their security infrastructure. Frost & Sullivan believes that IBM ISS is not only poised to continue as a leader in this difficult market, but will continue to be an innovator as well."
According to the research service, "The launch of both high and low end IPS products show the IBM ISS commitment to product development." It also detailed the fact that "IBM ISS also has an advantage in being one of the few vendors to offer network, host, and anomaly detection based products." The research service went on to state that, "With the increased focus on data loss by numerous organizations, more and more customers are going to be seeking out vendors who can provide all three prevention technologies."
With key market drivers including increasingly complex attacks, ongoing vulnerability discoveries, and the need for companies to comply with new legislation, Frost & Sullivan expects the worldwide IDS/IPS market to grow from $932 million in 2007 to $2.1 billion in the next five years.
IBM is the world's leading provider of risk and security solutions. Clients around the world partner with IBM to help reduce the complexities of security and strategically manage risk. No other company can provide the experience and range of risk and security solutions as IBM -- from dedicated research, software, hardware, services and global business partner value -- to help clients secure their business operations and implement company-wide, integrated risk management programs.
International Business Machines Corporation (IBM) engages in the development and manufacture of the advanced information technologies, including computer systems, software, storage systems, and microelectronics. It operates in three segments: Systems and Financing, Software, and Services. Systems and Financing segment offers servers; data storage products, including disk, tape, optical, and storage area networks; microprocessors and integrated circuits; system and component design services, and technology and manufacturing consulting services; printing systems, including production and on-demand print solutions, enterprise print technologies, and related software; and point-of-sale retail systems. This segment also offers short-term inventory and accounts receivable financing; lease and loan financing; and sells and leases used equipment. Software segment provides information management software for database, content management, and information integration; lotus software for collaboration, messaging, and social networking; rational software, a process automation tool; Tivoli software for infrastructure management, including security and storage management; Websphere software for Web-enabled applications; product lifecycle management software; and operating system software. Services segment offers business process outsourcing, consulting and systems integration, strategic outsourcing services, integrated technology services, IT infrastructure maintenance services, application management services for packaged software and custom and legacy applications, and applications on demand services. IBM serves banking, insurance, education, government, healthcare, life sciences, aerospace and defense, automotive, chemical and petroleum, electronics, distribution, and communication markets. The company was founded in 1910 as Computing-Tabulating-Recording Co. and changed its name to International Business Machines Corporation in 1924. IBM is based in Armonk, New York.
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Healthcare Services Group, Inc. (NASDAQ: HCSG)(January 23, 2008) announced the following:
Our Board of Directors has declared a regular quarterly cash dividend of $ 0.13 per common share, payable on February 15, 2008 to shareholders of record at the close of business February 4, 2008. This dividend represents a 9% increase over the dividend declared for the 2007 third quarter and a 44% increase over the 2006 same period payment. It is the nineteenth consecutive regular quarterly cash dividend payment, as well as the eighteenth consecutive increase since our initiation of regular quarterly cash dividend payments in 2003. In addition, during the 2007 fourth quarter, the Company completed repositioning the Regional and District management of its food service operations to the established Divisional management teams, which are now responsible for all Company services.
We intend to release our results for the three months (unaudited) and year ended (audited) December 31, 2007 during the week of February 11, 2008.
The Company announced that it will make a presentation on February 13, 2008 regarding the Company at the "UBS Warburg Global Healthcare Services Conference" at the Grand Hyatt in New York City. Additionally, this presentation will be audio webcast at www.ibb.ubs.com.
Healthcare Services Group, Inc., through its subsidiaries, provides housekeeping, laundry, linen, facility maintenance, and food services to nursing homes, retirement complexes, rehabilitation centers, and hospitals primarily in the United States. It operates in two segments, Housekeeping, Laundry, Linen, and Other Services (Housekeeping), and Food Services. The Housekeeping segment offers cleaning, disinfecting, and sanitizing of patient rooms, and areas of client's facility, as well as laundering and processing of facility's patients' clothing. It also offers linen services, which include providing, laundering, and processing of the sheets, pillow cases, blankets, towels, uniforms, and assorted linen items used by its clients' facilities. In addition, this segment provides maintenance services that consist of repair and maintenance of laundry equipment, plumbing and electrical systems, as well as carpentry and painting services. It also offers its services in Canada. The Food Services segment develops a menu to the residents' dietary needs, as well as purchases and prepares the food to provide a meal to the residents. It also participates in monitoring the residents' ongoing nutritional status. In addition, this segment provides consulting services to facilities in updating its food service operations. As of December 31, 2006, the company provided services to approximately 1,950 facilities in 47 states. Healthcare Services Group was founded in 1976 and is based in Bensalem, Pennsylvania.
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American Express Company (NYSE: AXP) (January 23, 2008) plans to host a live audio Webcast of its investor conference call with Chief Financial Officer, Daniel T. Henry, on Monday, January 28, 2008, at 5:00 pm (ET) to discuss fourth quarter and full-year 2007 financial results, operating performance and other topics that may be raised during the discussion. The company's financial results are scheduled to be announced shortly after the market closes.
The Company also plans to host its semi-annual Financial Community Meeting on Wednesday, February 6, 2008 at 2:30 p.m. (ET). At the meeting, Kenneth I. Chenault, chairman and chief executive officer, will update the financial community on the company's performance, and senior management will be available to answer questions.
Live audio of the investor conference call and the financial community meeting will be accessible to the general public on the American Express Web site at http://ir.americanexpress.com.
Investor Conference Call - Fourth Quarter and Full-year 2007 Results
-- Monday, January 28, 2008 - A copy of the fourth quarter and full-year 2007 earnings release as well as our fourth quarter and full-year 2007 earnings supplement will be available prior to the call at the same Web site address. A replay of the call will be available later that evening at the same Web site address.
Financial Community Meeting
-- Wednesday, February 6, 2008 - Mr. Chenault's presentation slides for the financial community meeting will be available shortly before the beginning of the meeting at the same Web site address. A replay of the meeting will be available later that evening at the same Web site address.
American Express Company, together with its subsidiaries, operates as a payments, network, and travel company worldwide. It offers individual consumer charge cards, revolving credit cards, and cobrand cards; and merchant acquisition and processing, and proprietary payments services. The company also issues travelers checks; various prepaid products, including reloadable and nonreloadable prepaid cards; incentive prepaid products, such as gift cheques, points-based incentive cards, and incentive funds card; and prepaid gift cards. In addition, American Express provides expense management services to approximately 100,000 firms through its corporate card program, corporate purchasing solutions, electronic invoicing and payment services, and business travel services. Its travel services include travel reservation advice and booking transaction processing; travel expense management policy consultation; supplier negotiation and consultation; management information reporting, data analysis and benchmarking; and foreign exchange services. The company, through American Express Bank, offers various investment management, trust, estate planning, and banking services; saving and investment products; and various correspondent banking products, including international payments processing, trade-related payments and financing, cash management, loans, extensions of credit, and investment products, as well as distributes mutual funds and provides treasury and capital market products. Further, it publishes luxury lifestyle magazines; travel and business resources; general interest, cooking, wine, financial, and time management books; and international magazine editions. The company serves consumers, small businesses, mid-market companies, and banking institutions. American Express was founded in 1850 and is headquartered in New York, New York
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BodyTel Scientific Inc. (OTCBB: BDYT)(January 22, 3008), a developer of wireless telemedical devices, announced earlier today that it has, through its wholly owned subsidiary and legal manufacturer of the GlucoTel, BodyTel Europe GmbH, successfully completed its initial ISO 13485:2003 Certification Audit through its notified body NSAI - National Standards Authority of Ireland.
ISO 13485:2003 Certification is recognized as a worldwide quality certification specific to the Medical Device industry. The ISO certification as well as a successfully reviewed Technical File is required for a company to sell any medical device in the European Union and Canada. In order for the company to receive a European Community certificate for its GlucoTel product, the company had to demonstrate during the audit that the design and performance of the GlucoTel meet the requirements of the quality standards and directives.
BodyTel's successful audit confirmed that the company's quality system was found to meet the requirements established by the EU and other international authorities. Based on audit results, BodyTel was recommended for certification. Certification is expected before the end of the first quarter.
Stefan Schraps, CEO & President of BodyTel, said, "The ISO Audit was a resounding success and we are delighted and proud of what we have achieved. Having a successful ISO audit, along with the pending review of our Technical File, means that we are getting closer to European product launch of the GlucoTel. These are very exciting times for all of us."
BodyTel's next steps are to complete international clinical studies with the GlucoTel, apply for a Canadian license and move forward to obtain U.S. FDA clearance.
BodyTel's first market-ready product identified in the scope of the ISO audit and Technical File is the GlucoTel(TM) blood glucose monitoring and diabetes management system. It supports patients and doctors in the treatment of diabetes and its corollary diseases. GlucoTel(TM) electronically measures the blood sugar level and then sends test results using Bluetooth technology to the patient's cell phone. Data is then automatically transmitted to an online database via internet connection and stored long-term. To facilitate better diabetes management, the patient and any authorized persons, e.g. healthcare professionals or caregivers, can access the data via internet for review.
BodyTel is a German-American telehealth company that specializes in telemedical monitoring and management systems for chronic diseases. The company combines its know-how in telecommunications, internet and medical technology/diagnostics to create new products and services for the changing needs of global health. BodyTel products are designed not only to simplify home monitoring by patients, but also to ease the communication of 'measured body values' to healthcare professionals or other caregivers by bridging the gap between the patient and the caregivers instantaneously and in real-time. BodyTel's products - GlucoTel, PressureTel and WeightTel are each at different stages of development and approval processes. BodyTel holds a 50% interest in GlucoTel Scientific Inc. which holds the rights to the GlucoTel(TM) blood glucose meter technology.
Read our full disclaimer at: http://www.realpennies.com/start.html
Investors are advised that this analysis is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy. This report does not have regard to the specific investment objectives, financial situation and the particular needs of any specific person who may receive this information. The information contained herein is based on sources that we believe to be reliable but is not guaranteed by us as being accurate and does not purport to be a complete statement or summary of the available data. Past performance is no guarantee of future results. Please consult a broker before purchasing or selling any securities mentioned on RealPennies. For more movers: http://www.realpennies.com/wrapup.html
Any opinions expressed herein are statements of our judgment as of the date of publication and are subject to change without notice.
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IBM (NYSE: IBM)(January 23, 2008) announced that it has been recognized as the world leader in the intrusion detection (IDS) and intrusion prevention (IPS) market in 2007 in a new research service by global growth consulting company, Frost & Sullivan. The research service, entitled "World Intrusion Detection and Prevention Systems Markets," examined the market penetration, long-term vision and competitive differentiators of over 40 market participants and found IBM ISS to be the leader with a 22 percent share of the global market.
"IBM ISS has surprised the entire market by quickly moving from a predominately intrusion detection device base to intrusion prevention," said Rob Ayoub, industry analyst for Information & Communication Technology, Frost & Sullivan. "IBM ISS also has focused on integrating its network and host based solutions to provide a unified solution to customers. The end-to-end combination of network and host based IPS provides a value proposition that significantly aids administrators in the deployment and management of their security infrastructure. Frost & Sullivan believes that IBM ISS is not only poised to continue as a leader in this difficult market, but will continue to be an innovator as well."
According to the research service, "The launch of both high and low end IPS products show the IBM ISS commitment to product development." It also detailed the fact that "IBM ISS also has an advantage in being one of the few vendors to offer network, host, and anomaly detection based products." The research service went on to state that, "With the increased focus on data loss by numerous organizations, more and more customers are going to be seeking out vendors who can provide all three prevention technologies."
With key market drivers including increasingly complex attacks, ongoing vulnerability discoveries, and the need for companies to comply with new legislation, Frost & Sullivan expects the worldwide IDS/IPS market to grow from $932 million in 2007 to $2.1 billion in the next five years.
IBM is the world's leading provider of risk and security solutions. Clients around the world partner with IBM to help reduce the complexities of security and strategically manage risk. No other company can provide the experience and range of risk and security solutions as IBM -- from dedicated research, software, hardware, services and global business partner value -- to help clients secure their business operations and implement company-wide, integrated risk management programs.
International Business Machines Corporation (IBM) engages in the development and manufacture of the advanced information technologies, including computer systems, software, storage systems, and microelectronics. It operates in three segments: Systems and Financing, Software, and Services. Systems and Financing segment offers servers; data storage products, including disk, tape, optical, and storage area networks; microprocessors and integrated circuits; system and component design services, and technology and manufacturing consulting services; printing systems, including production and on-demand print solutions, enterprise print technologies, and related software; and point-of-sale retail systems. This segment also offers short-term inventory and accounts receivable financing; lease and loan financing; and sells and leases used equipment. Software segment provides information management software for database, content management, and information integration; lotus software for collaboration, messaging, and social networking; rational software, a process automation tool; Tivoli software for infrastructure management, including security and storage management; Websphere software for Web-enabled applications; product lifecycle management software; and operating system software. Services segment offers business process outsourcing, consulting and systems integration, strategic outsourcing services, integrated technology services, IT infrastructure maintenance services, application management services for packaged software and custom and legacy applications, and applications on demand services. IBM serves banking, insurance, education, government, healthcare, life sciences, aerospace and defense, automotive, chemical and petroleum, electronics, distribution, and communication markets. The company was founded in 1910 as Computing-Tabulating-Recording Co. and changed its name to International Business Machines Corporation in 1924. IBM is based in Armonk, New York.
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Healthcare Services Group, Inc. (NASDAQ: HCSG)(January 23, 2008) announced the following:
Our Board of Directors has declared a regular quarterly cash dividend of $ 0.13 per common share, payable on February 15, 2008 to shareholders of record at the close of business February 4, 2008. This dividend represents a 9% increase over the dividend declared for the 2007 third quarter and a 44% increase over the 2006 same period payment. It is the nineteenth consecutive regular quarterly cash dividend payment, as well as the eighteenth consecutive increase since our initiation of regular quarterly cash dividend payments in 2003. In addition, during the 2007 fourth quarter, the Company completed repositioning the Regional and District management of its food service operations to the established Divisional management teams, which are now responsible for all Company services.
We intend to release our results for the three months (unaudited) and year ended (audited) December 31, 2007 during the week of February 11, 2008.
The Company announced that it will make a presentation on February 13, 2008 regarding the Company at the "UBS Warburg Global Healthcare Services Conference" at the Grand Hyatt in New York City. Additionally, this presentation will be audio webcast at www.ibb.ubs.com.
Healthcare Services Group, Inc., through its subsidiaries, provides housekeeping, laundry, linen, facility maintenance, and food services to nursing homes, retirement complexes, rehabilitation centers, and hospitals primarily in the United States. It operates in two segments, Housekeeping, Laundry, Linen, and Other Services (Housekeeping), and Food Services. The Housekeeping segment offers cleaning, disinfecting, and sanitizing of patient rooms, and areas of client's facility, as well as laundering and processing of facility's patients' clothing. It also offers linen services, which include providing, laundering, and processing of the sheets, pillow cases, blankets, towels, uniforms, and assorted linen items used by its clients' facilities. In addition, this segment provides maintenance services that consist of repair and maintenance of laundry equipment, plumbing and electrical systems, as well as carpentry and painting services. It also offers its services in Canada. The Food Services segment develops a menu to the residents' dietary needs, as well as purchases and prepares the food to provide a meal to the residents. It also participates in monitoring the residents' ongoing nutritional status. In addition, this segment provides consulting services to facilities in updating its food service operations. As of December 31, 2006, the company provided services to approximately 1,950 facilities in 47 states. Healthcare Services Group was founded in 1976 and is based in Bensalem, Pennsylvania.
For more info: http://axp.realpennies.com
American Express Company (NYSE: AXP) (January 23, 2008) plans to host a live audio Webcast of its investor conference call with Chief Financial Officer, Daniel T. Henry, on Monday, January 28, 2008, at 5:00 pm (ET) to discuss fourth quarter and full-year 2007 financial results, operating performance and other topics that may be raised during the discussion. The company's financial results are scheduled to be announced shortly after the market closes.
The Company also plans to host its semi-annual Financial Community Meeting on Wednesday, February 6, 2008 at 2:30 p.m. (ET). At the meeting, Kenneth I. Chenault, chairman and chief executive officer, will update the financial community on the company's performance, and senior management will be available to answer questions.
Live audio of the investor conference call and the financial community meeting will be accessible to the general public on the American Express Web site at http://ir.americanexpress.com.
Investor Conference Call - Fourth Quarter and Full-year 2007 Results
-- Monday, January 28, 2008 - A copy of the fourth quarter and full-year 2007 earnings release as well as our fourth quarter and full-year 2007 earnings supplement will be available prior to the call at the same Web site address. A replay of the call will be available later that evening at the same Web site address.
Financial Community Meeting
-- Wednesday, February 6, 2008 - Mr. Chenault's presentation slides for the financial community meeting will be available shortly before the beginning of the meeting at the same Web site address. A replay of the meeting will be available later that evening at the same Web site address.
American Express Company, together with its subsidiaries, operates as a payments, network, and travel company worldwide. It offers individual consumer charge cards, revolving credit cards, and cobrand cards; and merchant acquisition and processing, and proprietary payments services. The company also issues travelers checks; various prepaid products, including reloadable and nonreloadable prepaid cards; incentive prepaid products, such as gift cheques, points-based incentive cards, and incentive funds card; and prepaid gift cards. In addition, American Express provides expense management services to approximately 100,000 firms through its corporate card program, corporate purchasing solutions, electronic invoicing and payment services, and business travel services. Its travel services include travel reservation advice and booking transaction processing; travel expense management policy consultation; supplier negotiation and consultation; management information reporting, data analysis and benchmarking; and foreign exchange services. The company, through American Express Bank, offers various investment management, trust, estate planning, and banking services; saving and investment products; and various correspondent banking products, including international payments processing, trade-related payments and financing, cash management, loans, extensions of credit, and investment products, as well as distributes mutual funds and provides treasury and capital market products. Further, it publishes luxury lifestyle magazines; travel and business resources; general interest, cooking, wine, financial, and time management books; and international magazine editions. The company serves consumers, small businesses, mid-market companies, and banking institutions. American Express was founded in 1850 and is headquartered in New York, New York
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BodyTel Scientific Inc. (OTCBB: BDYT)(January 22, 3008), a developer of wireless telemedical devices, announced earlier today that it has, through its wholly owned subsidiary and legal manufacturer of the GlucoTel, BodyTel Europe GmbH, successfully completed its initial ISO 13485:2003 Certification Audit through its notified body NSAI - National Standards Authority of Ireland.
ISO 13485:2003 Certification is recognized as a worldwide quality certification specific to the Medical Device industry. The ISO certification as well as a successfully reviewed Technical File is required for a company to sell any medical device in the European Union and Canada. In order for the company to receive a European Community certificate for its GlucoTel product, the company had to demonstrate during the audit that the design and performance of the GlucoTel meet the requirements of the quality standards and directives.
BodyTel's successful audit confirmed that the company's quality system was found to meet the requirements established by the EU and other international authorities. Based on audit results, BodyTel was recommended for certification. Certification is expected before the end of the first quarter.
Stefan Schraps, CEO & President of BodyTel, said, "The ISO Audit was a resounding success and we are delighted and proud of what we have achieved. Having a successful ISO audit, along with the pending review of our Technical File, means that we are getting closer to European product launch of the GlucoTel. These are very exciting times for all of us."
BodyTel's next steps are to complete international clinical studies with the GlucoTel, apply for a Canadian license and move forward to obtain U.S. FDA clearance.
BodyTel's first market-ready product identified in the scope of the ISO audit and Technical File is the GlucoTel(TM) blood glucose monitoring and diabetes management system. It supports patients and doctors in the treatment of diabetes and its corollary diseases. GlucoTel(TM) electronically measures the blood sugar level and then sends test results using Bluetooth technology to the patient's cell phone. Data is then automatically transmitted to an online database via internet connection and stored long-term. To facilitate better diabetes management, the patient and any authorized persons, e.g. healthcare professionals or caregivers, can access the data via internet for review.
BodyTel is a German-American telehealth company that specializes in telemedical monitoring and management systems for chronic diseases. The company combines its know-how in telecommunications, internet and medical technology/diagnostics to create new products and services for the changing needs of global health. BodyTel products are designed not only to simplify home monitoring by patients, but also to ease the communication of 'measured body values' to healthcare professionals or other caregivers by bridging the gap between the patient and the caregivers instantaneously and in real-time. BodyTel's products - GlucoTel, PressureTel and WeightTel are each at different stages of development and approval processes. BodyTel holds a 50% interest in GlucoTel Scientific Inc. which holds the rights to the GlucoTel(TM) blood glucose meter technology.
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