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  • EVCA, HLIT, ATX, INMD - Are STocks To Watch Brought To You By DrStockPick.com 0 comments
    Feb 17, 2011 10:59 AM | about stocks: HLIT, ATX, INMD

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    EVCARCO, Inc. (OTCBB:EVCA) is pleased to announce that the Company has signed a three year executive agreement with Mr. Mack Sanders, who was recently appointed CEO by EVCARCO’s board of directors. Mr. Sanders will be mainly responsible for the Company’s roll out of its retail franchise model throughout the United States for its environmentally friendly vehicle product line as well as overseeing the day to day operations of the Company.

    Mr. Sanders comes to EVCARCO with a strong background in the retail and wholesale automotive industry working in retail locations for Lincoln Mercury, Oldsmobile, and Mercedes. Mr. Sanders started his professional career in 1982 working as a retail sales professional for Pioneer Lincoln Mercury in Lubbock, Texas for their pre-owned vehicle division. Mr. Sanders played a key role in the 1980s in helping develop and maintain the pre-owned vehicle retail locations for Giles Volvo in Houston, Texas. After moving back to Dallas in 1990, Mr. Sanders entered the dealer to dealer automotive wholesale business permanently, working for over 15 years with David Jurecki where to this day, Mr. Sanders has cultivated long standing accounts with automotive franchise owners throughout the country.

    “I am excited to join EVCARCO and bring my knowledge and expertise in the retail and wholesale operations, inventory management and new car franchise business, which will enable EVCARCO to build its own franchise brand for environmentally friendly dealerships,” stated Mack Sanders, CEO of EVCARCO.

    EVCARCO (www.evcarco.com) is an automotive retail group dedicated to deploying a franchised coast-to-coast network of environmentally friendly dealerships and vehicles.

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    Harmonic Inc. (Nasdaq:HLIT) announced its preliminary and unaudited results for the quarter and year ended December 31, 2010. Results for the fourth quarter of 2010 included a full quarter of contribution from Omneon Inc., acquired on September 15, 2010. Net revenue for the fourth quarter of 2010 was $138.2 million, which excluded $0.8 million of certain deferred revenue that would otherwise have been recognized by Omneon had the acquisition not occurred, up from $86.7 million in the fourth quarter of 2009. Total bookings in the fourth quarter of 2010 were approximately $134.8 million, up from approximately $107.6 million for the fourth quarter of 2009.


    Harmonic Inc. designs, manufactures, and sells video products and system solutions that enable service providers to deliver broadcast and on-demand services.

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    A.T. Cross Company (Nasdaq:ATX)
    announced that it will release its fourth quarter 2010 earnings results on Wednesday, February 23, 2011 after the market closes. This will be followed by a conference call at 4:30 pm Eastern Time to review results, which will include comments from David G. Whalen, President and Chief Executive Officer, and Kevin F. Mahoney, Senior Vice President, Finance and Chief Financial Officer, followed by a question and answer session. Parties interested in participating in the conference call may dial-in at (877) 303-2912, while international callers may dial-in at (408) 427-3877. The conference call will be webcast and can be accessed at www.cross.com.


    A.T. Cross Company engages in the design and marketing of personal and business accessories. It operates in two segments, Cross Accessory Division (NYSEARCA:CAD) and Cross Optical Group (NYSE:COG).

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    Integramed America Inc. (Nasdaq:INMD) the leader in developing, marketing and managing specialty healthcare facilities in the fertility and vein care markets, announced today results for the fourth quarter and year ended December 31, 2010 and also reported on progress in its vein clinics division expansion. IntegraMed’s total assets grew to $148.7 million at year-end 2010 from $124.3 million in 2009, with cash and cash equivalents increasing 74% to $50.2 million versus $28.9 million in 2009. The increase, net of investments in new vein clinic development, reflects a 57% increase in cash flow from operating activities to approximately $21.6 million, as well as $19 million in net proceeds from the Company’s February 2010 public common stock offering. IntegraMed spent approximately $4.0 million in cash during 2010 to fund capital investments for its vein clinic expansion. During 2010 IntegraMed reduced current and long-term debt by 67% and 27%, respectively, including the pay-down of the outstanding $7.5 million on the Company’s revolving line of credit. Shareholders’ equity increased 44% to $83.5 million during 2010.

    IntegraMed America, Inc., a specialty healthcare services company, manages outpatient centers offering products and services to patients and providers in the fertility and vein care segments of the health industry in the United States.

     

     

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