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(VNO, PTSH, NBL, MMM) Market News From!




PTS, Inc. (OTC.BB:PTSH) announced that Raj Kalra has been named Chairman and Chief Executive Officer, effective immediately. Mr. Kalra replaces Teresa Rubio who has served as Chairman and Marc Pintar who has served as PTSH Interim Chief Executive Officer. In addition to his role as CEO, Mr. Kalra will serve on PTSH's Board of Directors.

Raj Kalra is the founder and CEO of ThinLine Technology Group, and brings over a decade of leadership, management skills and experience in the information technology industry. Prior to founding ThinLine, Mr. Kalra spent 20 years in developing and expanding start-up businesses, public corporations and turn-around.

"I'm very pleased to be named the CEO of PTSH," said Raj Kalra. "I am working very hard to bring value to our shareholders. My first order of business is to announce that PTSH, via ThinLine, has been granted a contract to develop and manage the modifications to a certain proprietary cloud computer software solution that ThinLine created based on the client's requirements for an online inventory management system for contracts that they manage for cable operators nationally." Raj Kalra continued, "This system tracks the sales process and contract maintenance between the cable operator and the property owner/investment company. It also tracks revenue sharing that is owed to the property based on right-of-entry agreements or tracking of bulk cable/internet agreements for the units of the property. This is a very meaningful contract for PTSH and shareholders will be advised of any additional developments as they unfold."

"Our Client is the leading provider of MDU services to the largest cable operators in the country, securing thousands of units every month for their clients. The details of this contract will be released shortly, upon satisfaction of all parties," concluded Raj Kalra.


3M Co. (NYSE:MMM) announced on November 9, 2010 the availability of a new family of 2 mm pitch IDC interconnect solutions. The 3M brand Ribbon Cable Socket 158 Series and its mate, the 3M brand Shrouded Header 159 Series, deliver a comprehensive set of features that provide manufacturers and cable harness builders numerous options in designing a variety of electronic systems. 3M’s Ribbon Cable Sockets 158 Series platform is the only known product line in the industry to offer this combination of unique configurations.

3M Company, together with its subsidiaries, operates as a diversified technology company worldwide. It operates in six segments: Industrial and Transportation; Health Care; Consumer and Office; Safety, Security and Protection Services; Display and Graphics; and Electro and Communications.


Noble Energy, Inc. (NYSE:NBL) announced that Charles D. Davidson, the company’s Chairman and CEO, will present at the Bank of America Merrill Lynch Global Energy Conference on Friday, November 12, 2010 at 8:45 a.m. Eastern Time. The presentation will be webcast live on the ‘Investors’ page of the Company’s website, with a replay accessible until November 26, 2010.

Noble Energy, Inc., through its subsidiaries, engages in the acquisition, exploration, development, production, and marketing of crude oil, natural gas, and natural gas liquids in the United States and internationally.


Vornado Realty Trust (NYSE:VNO) announced NET INCOME attributable to common shareholders for the quarter ended September 30, 2010 was $95.2 million, or $0.52 per diluted share, compared to $126.3 million, or $0.70 per diluted share, for the quarter ended September 30, 2009. Net income for the quarter ended September 30, 2009 includes $43.3 million of net gains on sale of real estate. In addition, the quarters ended September 30, 2010 and 2009 include certain items that affect comparability which are listed in the table below. The aggregate of the net gains on sale of real estate and the items in the table below, net of amounts attributable to noncontrolling interests, increased net income attributable to common shareholders by $18.0 million, or $0.10 per diluted share for the quarter ended September 30, 2010 and $52.8 million, or $0.29 per diluted share for the quarter ended September 30, 2009.

Vornado Realty Trust operates as a real estate investment trust (REIT). As of December 31, 2005, it owned 111 office properties aggregating approximately 30.7 million square feet in the New York City metropolitan area, as well as in the Washington D.C. and Northern Virginia area.



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