HIW, BK, GCO, AVOT, DLKM - Stock Updates! from CRWEfinance.com
Jan. 14, 2011 3:52 PM ET

Lynnai's Blog
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Highwoods Properties Inc. (NYSE:HIW) the largest owner and operator of suburban office properties in the Southeast, announced that it will release fourth quarter and year-end financial results for 2010 on Wednesday, February 9, after the market closes. A conference call will be held the next day, Thursday, February 10, at 9:00 a.m. Eastern time. For US/Canada callers, dial (800) 909-4578. A live, listen-only Web cast can be accessed through the Company's Web site at highwoods.com under the "Investor Relations" section. A replay of the call will be available on the Investor Relations section of Highwoods web site.
Highwoods Properties, Inc. is a real estate investment trust. The trust engages in leasing, management, development, construction, and other customer-related services for its properties and for third parties.
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American Video Teleconferencing Corp. (OTC:AVOT)
Rare-earth metals include terbium, which finds use in flat-panel TVs and high-efficiency fluorescent lamps, and neodymium, key to the permanent magnets in high-efficiency electric motors. Rare-earth metals are not indeed rare. The series of nonferrous metals is common in the environment. According to Design Chain Associates, most rare-earth metals are as common as copper, and even the rarest is more common than gold.
Part of the market pressure on rare-earth metals comes from new demands that green technologies has prompted. The market, including electric- and hybrid-vehicle motors and wind turbines, requires magnets.
The 17 elements that are classified as "rare earth" have become a more vital part of our day-to-day lives. Rare earth metals are the life blood of modern personal computers, batteries and alternative energies. To illustrate, there are nearly ten lbs of the rare earth element, lanthanum, in just about every Toyota Prius engine. Furthermore, rare earth elements are vital to military technologies. As opposed to the name, rare earth metals are not particularly uncommon and can be found in most continents. In recent weeks the US government has made significant steps to increase production of these metals, since they will have a large part in President Obama's overhaul of US energy.
AVOT is seeking a contractor to do an air borne Mag-EM radiometric survey for its present holdings and the immediate surrounding area looking for future acquisitions. AVOT is pleased to be working in the Province of Quebec as it is rated the number one jurisdiction in the world to carry out mineral exploration. The Quebec Government gives a rebate up to 45% for property expenditures.
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The Bank of New York Mellon Corporation (NYSE:BK) announced it has been named "Best Trade Outsourcing Bank" for the second year in a row from the leading industry publication, Global Trade Review ("GTR"). The award is part of GTR's "Leaders in Trade Awards 2010," an annual readers' poll, taken from 5,000 market participants from key banks, credit insurers, corporates, traders, law firms, brokers and consultants. GTR attributed the award to BNY Mellon's ongoing development of bespoke solutions for its clients, as well as its consistency in service provision and thought leadership in the trade space.
The Bank of New York Mellon Corporation, a financial services company, provides various products and services for institutions and individuals worldwide.
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Douglas Lake Minerals Inc. (OTC:DLKM)
DLKM recently released the results of the recent exploration program conducted on PLR PLR4973/2008, subsequently subdivided into four PL's (PL6742/2010, PL6743/2010, PL6744/2010 and PL6779/2010), based on the outcomes of the first phase of the continuous exploration program conducted since 2008. This exploration phase included a fixed-wing aircraft flown aeromagnetic and radiometric survey at a line spacing of 200m and a height of 80m, subsequent interpretation of data and ground follow-up. The survey and interpretation was conducted according to internationally accepted standards by the Council for Geoscience, South Africa.
Harp Sangha, DLKM's CEO, stated: "We are confident that the model developed based on the first exploration phase provides a substantial platform for understanding gold mineralization in the prospecting licenses as exemplified by the success with which the model predicts and outlines existing and known gold anomalies". Phase two of the exploration program focused on the identified potential zones during an intensive stream sediment and soil sampling program. The results will be released in due course.
DLKM has requested a geologist to prepare a Technical Report on the Handeni Project in accordance with the provisions of National Instrument 43-101 ("NI 43-101") of the Canadian Securities Administrators. Upon receipt of the Technical Report DLKM will file it on SEDAR.
Douglas Lake Minerals Inc. is an emerging mineral exploration company focused on exploring and developing mining opportunities in Tanzania.
To learn more about DLKM visit: www.douglaslakeminerals.com
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Genesco Inc. (NYSE:GCO) announced that same store sales for the quarter-to-date period ended January 8, 2011, increased 9% from the equivalent period last year, when same store sales increased 1%. Sales for the Company's e-commerce and catalog direct sales businesses increased 25% in the quarter-to-date period ended January 8, 2011. Based on the stronger than expected sales for the quarter to date, the Company has increased its adjusted earnings per diluted share expectations to a range of $1.25 to $1.30 for the fourth quarter and $2.40 to $2.45 for the fiscal year ending January 29, 2011. The Company's most recent previously announced earnings expectations were in the range of $1.23 to $1.28 per diluted share for the fourth quarter and $2.38 to $2.43 for the fiscal year.
Genesco Inc. engages in the retail of branded footwear, licensed and branded headwear, and licensed sports apparel and accessories; and the wholesale of branded footwear primarily in the United States
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