CORAL SPRINGS, Florida, August 29, 2013 /PRNewswire/ --
FinancialNewsMedia.com issues news updates for today's leaders in the cloud-based and / or technology sector: Unisource Corporation (OTC: USRC), Perceptron, Inc. (NASDAQ: PRCP), Alcatel-Lucent SA (NYSE: ALU), Facebook Inc. (NASDAQ: FB), Cirrus Logic Inc.'s (NASDAQ: CRUS).
Unisource Corporation (OTC: USRC) Headline: BUYINS.NET Issues Unisource Corp SqueezeTrigger Report BUYINS.NET, a leading provider of Regulation SHO compliance monitoring, short sale trading statistics and market integrity surveillance, has initiated coverage on Unisource Corp after releasing the latest short sale data through August 27, 2013. The total aggregate number of shares shorted since November 2012 is approximately 5.68 million shares. Approximately 23.27% of daily trading volume is short selling. The SqueezeTrigger price for all USRC shares shorted is $0.41. A short squeeze is expected to begin when stock closes above its $0.41 SqueezeTrigger price.
Click here to view Report: http://www.buyins.com/reports/usrc8-28-13.pdf
Friction Factor calculates if a fair market is being made in the shares of USRC. 68% of the previous 37 trading days have been positive or bullish-biased and 32% have been negative or bearish-biased. To read the entire press release, please go to http://www.prnewswire.com/news-releases/buyinsnet-issues-unisource-corp-squeezetrigger-report-221536501.html
Perceptron, Inc. (NASDAQ: PRCP) announced its results for the fourth quarter of fiscal year 2013, which ended June 30, 2013. Net sales in the fourth quarter of fiscal year 2013 were $20.7 million, while income from continuing operations was $4.0 million, or $0.46 per diluted share. In the fourth quarter of fiscal 2012, Perceptron reported net sales of $12.8 million and a loss from continuing operations of $1.3 million, or $0.16 per diluted share. In the fourth quarter of fiscal year 2013 the Company recorded a gain of $23,000, net of taxes, from the discontinued operations of its Commercial Products Business Unit (CBU). In fiscal year 2012 the Company recorded a loss of $1.3 million, or $0.15 per diluted share, from the discontinued operations of CBU. Net income for the fourth quarter was $4.0 million, or $0.46 per diluted share, compared to a net loss of $2.6 million, or $0.31 per diluted share in the fourth quarter of fiscal year 2012. The net loss in the fourth quarter of fiscal 2012 included an income tax expense of $1.2 million for the establishment of a valuation reserve for the Company's deferred tax assets. Read the entire press release at http://finance.yahoo.com/news/perceptron-announces-strong-fourth-quarter-201249366.html
Alcatel-Lucent SA (NYSE: ALU) News: Jazz Semiconductor Inc. the US unit of specialty foundry Tower Semiconductor Ltd. (Nasdaq: TSEM) (which markets as TowerJazz) has been accredited as a Category 1A Trusted Supplier by the US Department of Defense. With Trusted Foundry status, Jazz will provide trusted semiconductors in critical defense applications, joining the small list of companies accredited by the department's Trusted Foundry Program, which was established to ensure the integrity of the people and processes used to deliver national security critical microelectronic components. The Department of Defense's Defense Microelectronics Activity manages the program. Jazz's accreditation will help broaden its current business relationships with major defense contractors such as Alcatel-Lucent SA (ALU), Raytheon Company (NYSE: RTN), Northrop Grumman Corporation (NYSE: NOC)
Mark Zuckerberg, the founder of Facebook Inc. (NASDAQ: FB) who turned 29 in May this year, has found another mission in life. He wants the next five billion people to be connected on the Internet, most of whom will be on Facebook too. In a phone interview from Palo Alto, California, his first conversation with an Indian publication, Zuckerberg spoke about Internet.org, the challenges it faces and the things he learnt from building Facebook. Read the entire article at http://www.livemint.com/Industry/dxOWXbsl0qn0v6lyiQNAxN/Mark-Zuckerberg-Why-we-need-Internetorg.html
Cirrus Logic Inc.'s (NASDAQ: CRUS) shares jumped Wednesday after another chip maker's report suggested improved demand in the mobile market. THE SPARK: Avago Technologies Ltd. reported a better-than-expected fiscal third quarter and gave a solid revenue forecast for its current quarter late Tuesday. The company also said that it expects its revenue for the fourth quarter will jump by 12 to 15 percent over the prior year. Read the full article at http://finance.yahoo.com/news/avago-report-boosts-cirrus-logics-202106767.html
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