RedChip Companies, Inc. (NasdaqGM: LLEN) recently announced the presentation schedule for the RedChip Small-Cap Investor Conference at Financial Fest 2010, being held November 6, 2010 at the Phoenix Convention Center in Phoenix, Arizona. CEOs and executive teams from 17 emerging growth companies based in China, Russia, Pakistan, Canada, Greece, and the U.S. will deliver corporate presentations at the conference.
Financial Fest brings qualified investors together with the nation's premier public companies and investment opportunities. RedChip is proud to co-sponsor this year's event with KFNN 1510 Financial News Radio, one of the Phoenix area's largest and most popular sources of business and financial news.
The L.S. Starrett Company (NYSE: SCX), together with its subsidiaries, engages in the manufacture and sale of industrial, professional, and consumer products worldwide. Its products include precision tools, electronic gages, gage blocks, optical and vision measuring equipment, custom engineered granite solutions, tape measures, levels, chalk products, squares, band saw blades, hole saws, hacksaw blades, jig saw blades, reciprocating saw blades, and M1 lubricant and precision ground flat stock. The company also offers hand measuring tools and precision instruments, such as micrometers, vernier calipers, height gages, depth gages, electronic gages, dial indicators, steel rules, combination squares, granite surface plates, and custom and non contact gaging items; and precision video-based metrology, specialty motion devices, and custom engineered systems for measurement and inspection. In addition, it provides data collection solutions.
Teradyne, Inc. (NYSE:TER) reported revenue of $502 million for the third quarter of 2010 of which $448 million was in Semiconductor Test and $54 million in Systems Test Group. On a non-GAAP basis, Teradyne’s net income in the third quarter was $156.4 million, or $0.82 per diluted share, which excluded acquired intangible asset amortization, non-cash convertible debt interest and restructuring and other charges. GAAP net income for the third quarter was $147.3 million, or $0.66 per diluted share.
Bookings in the third quarter of 2010 were $350 million of which $259 million were in Semiconductor Test and $91 million in the Systems Test Group.
Terex Corporation (NYSE:TEX) recently announced a net loss from continuing operations for the third quarter of 2010 of $89.2 million, or $0.82 per share, compared to a net loss from continuing operations of $106.4 million, or $0.98 per share, for the third quarter of 2009. Contributing to the third quarter 2010 net loss was a pre-tax expense, recognized in Other income (expense) - net, of approximately $21 million associated with marking to market derivative instruments intended to partially mitigate risks associated with 5.8 million shares of the common stock of Bucyrus International, Inc. acquired in connection with the Mining business divestiture.
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