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  • SYMC, AVOT, LVLT, URRE - Symantec, American Video Teleconferencing, Level 3 Communications, Uranium Resources 0 comments
    Nov 1, 2010 1:08 PM | about stocks: LVLT, SYMC, FXB





    American Video Teleconferencing Corp. (OTCPK:AVOT)

    As scientists acknowledge that by the year 2030 the world's society will require one and one half to two full size Earths just to survive, it’s a wonder that the world's society hasn’t planned that far ahead, its only 20 years, and most of the present world's society will still be here.

    American Video Teleconferencing Corp (OTCPK:AVOT) just signed an agreement to hire French speaking geologist to help research the Quebec Department of Mines for Rare Earth Minerals is still not available in their computers.

    American Video believes that the rare earth industry requires a lot of concentration. The company will look for a service provider to help complete an air borne survey, with future acquisitions in mind. American Video said that neither Quebec nor the Federal government has conducted any air survey of these areas for many years and the area has been inactive since 1955. Meanwhile the Province of Quebec is rated number one in the world for mining exploration.

    Currently American Video is in the last phase of negotiations with Kondor Gold Pyt. in Australia. American Video is searching for opportunities in Precious, Base and Rare Earths metal projects.


    Symantec Corporation (Nasdaq:SYMC) the world’s largest maker of computer security software, advanced in Nasdaq trading after forecasting higher sales than some analysts predicted.
    Revenue in the period ending Dec. 31 will be $1.57 billion to $1.59 billion, Symantec said on october 27, 2010. Analysts projected $1.55 billion. Third-quarter profit excluding certain costs will be 32 cents to 33 cents a share, compared with the 32-cent average of estimates compiled by Bloomberg.

    Symantec Corporation provides security, storage, and systems management solutions to secure and manage information. It operates in four segments: Consumer, Security and Compliance, Storage and Server Management, and Services. The Consumer segment provides Internet security and protection solutions, suites, and services to individual users and home offices.


    Level 3 Communications Inc. (Nasdaq:LVLT) reported a narrower-than-expected third-quarter loss as the company was able to clamp down on costs and realise better communications margins, sending its shares up 2 percent before market. The company, which sells network capacity to telcos as well as end-users, reported a third-quarter loss of $163 million, or 10 cents a share, compared with $169 million, or 10 cents a share, last year. Revenue fell slightly to $912 million for the quarter ended Sept 30.

    Level 3 Communications, Inc. engages in the communications business in North America and Europe. It offers network and Internet services, including transport services, high speed Internet protocol services, dedicated Internet access, virtual private network services, and dark fiber services, as well as managed modem, an outsourced, turn-key infrastructure solution; and colocation services.


    Uranium Resources, Inc. (Nasdaq:URRE) announced that it has filed documents with the U.S. Nuclear Regulatory Commission to reactivate its NRC License, which is currently in timely renewal status. This filing responds to certain determinations made by the Atomic Safety and Licensing Board identified during its extensive hearing process. Once active, the license may be utilized according to its present terms and conditions while pending renewal from the NRC.

    Uranium Resources Inc. explores for, develops and mines uranium. Since its incorporation in 1977, URI has produced over 8 million pounds of uranium by in-situ recovery (NYSEMKT:ISR) methods in the state of Texas where the Company currently has ISR mining projects.



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    Stocks: LVLT, SYMC, FXB
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