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HAYN, TNAV, PRMW, SAVW Stock Market Update from DrStockPick.com

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SavWatt USA, Inc. (OTC:SAVW), pioneers in LED lighting and the Green revolution, recently announced that in cooperation with the City of Baltimore, SavWatt will receive grant funds from the Maryland Energy Sector Grant. This million dollar grant will offer companies the ability to take LEED certification classes. LEED is an internationally recognized green building certified program. LEED certification important as many new construction and government projects are required to meet LEED standards.

SavWatt is leading the LED lighting revolution and setting the stage to obsolete the incandescent light bulb through the use of energy-efficient, environmentally friendly LED lighting. SavWatt is a market-leading innovator of LED lighting. SavWatt's product families include LED fixtures, bulbs, Street Lights and Parking Lights.

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Haynes International, Inc. (Nasdaq:HAYN), a leading developer, manufacturer and marketer of technologically advanced high-performance alloys, reported its financial results for the fiscal fourth quarter and twelve months ended September 30, 2010. In addition, the Company announced that its Board of Directors has authorized a quarterly cash dividend of $0.20 per outstanding share.

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TeleNav, Inc. (Nasdaq:TNAV), one of the largest global wireless location-based services providers with more than 17 million subscribers, reported that HP Jin, chief executive officer, and Douglas Miller, chief financial officer, will present at the J.P. Morgan SMid Cap Conference 2010 on Thursday, December 2 at 1:30 p.m. PST (4:30 p.m. EST) in New York, NY.

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Primo Water Corporation (Nasdaq:PRMW) reported that the underwriters of its initial public offering have exercised in full their over-allotment option to purchase an additional 1,250,000 shares of common stock.

The option was granted in connection with PRMW's initial public offering of 8,333,333 shares of its common stock at $12.00 per share, which closed November 10, 2010.

The issuance of the additional 1,250,000 shares upon the exercise of the over-allotment option closed today. The net proceeds from the initial public offering, including the exercise of the over-allotment option, after deducting underwriting discounts and commissions and estimated offering expenses, were approximately $104.7 million.

 

 

 

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