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Augen Capital Corp. and Envoy Capital Group Inc. (NASDAQ: ECGI) believe change is urgently needed at the board of directors of Augen Gold Corp. T he Concerned Shareholders do not believe that Augen Gold is being managed properly and Augen Gold's performance, both short and long term, is indicative...

CPI International Inc (NASDAQ: CPII) dipped 9.35% to $12.80 in the pre-market session. CPII has to pay $15 million to Comtech Telecommunications Corp (NASDAQ: CMTL) for calling off their plan of merger. AngioDynamics Inc (NASDAQ: ANGO) lost 6.43% to $14.25 in the pre-market session. ANGO expects a...

Focus Media Holding Limited (Nasdaq: FMCN) announced today the underwritten public offering of 8,100,000 of its American depositary shares held by JJ Media Investment Holding Limited. Of these ADSs, between 5,200,000 and 5,600,000 ADSs are expected to be purchased by Goldman, Sachs & Co., as...

Phillips-Van Heusen (NYSE: PVH) is expected to report its FQ2 earnings of $0.55 per share on revenue of $1.09 billion. Flow International Corp (NASDAQ: FLOW) may post its Q1 loss of $0.02 per share on $44.38 million in revenue. China Mass Media Corp (NYSE: CMM) is estimated to report its latest...

We have upgraded our rating for WPP Group Plc (WPPGY) from Underperform to Neutral based on a positive outlook for the second half of 2010.   First Half 2010 Highlights   WPP Group plc’s first half 2010 net results soared 48.1% year over year to ₤0.191 per share ($1.46 per ADR) compared with ₤0....

Ireland-based advertising titan WPP Group plc. (WPPGY) reported encouraging results for the first half of 2010. Its results were driven by strength across all geographies except for a modest decline in the European region. Expectations of revenue outperformance for the rest of 2010 are to some...

Cusick’s Corner Today we watched well positioned Bond traders (who were long before the Fed’s Quantitative Easing) take advantage of a “selling the news” opportunity in front of the weekend. We also watched the equity market bounce off some critical support levels, finishing on their highs of the...

Arbitron Inc. (NYSE: ARB) today announced that its Board of Directors has approved the payment of a quarterly cash dividend of $0.10 (ten cents) per common share ($0.40 per share on an annualized basis). The dividend will be paid on or about October 1, 2010 to shareholders of record as of the...

Cusick’s Corner Flight for safety was the trade of the day in spite of the fact that the indices finished at their worst levels. This was the only glimmer of light for the bulls, the fact that the downside did not exhibit more follow through after a terrible morning and midday. Bonds were the big...

J.P. Morgan bumped its Price Target on shares of Focus Media Holdings (NASDAQ: FMCN) to $23 from $22 today. J.P. Morgan maintained its Overweight rating on the stock after a strong revenue quarter from Focus Media. Focus Media reported second quarter revenues of $158.2 million versus a J.P. Morgan...

Diamond Management & Technology Consultants Inc (NASDAQ: DTPI) shares moved up 30.82% to $12.48 at 12:51 pm. The volume of DTPI shares traded was 13553% higher than normal. PricewaterhouseCoopers LLP has agreed to buy all the outstanding common shares of DTPI for $378 million or $12.50 per...

Focus Media (NASDAQ: FMCN) posted strong 2Q10 results. Revenues of $158.2 million beat consensus of $143.7 million. EPS came in at $0.17, compared to the Street's $0.11. Citi said, "While SONC's differentiated product offerings have had a positive impact on average check, traffic has been less...

Diamond Management & Technology Consultants Inc (NASDAQ: DTPI) rose 30.40% to $12.44 in the pre-market session. PricewaterhouseCoopers LLP has agreed to buy all of the outstanding common shares of DTPI for $378 million or $12.50 per share in cash, representing a premium of 31% to DTPI's closing...

Some of the stocks that may grab the investor focus are: After Monday's closing bell, Focus Media Holding Ltd (NASDAQ: FMCN) swung to Q2 net income of $0.17 per American Depositary Share (ADS), from a loss of $0.18 per ADS, in the year-ago period. FMCN’s shares gained 2.54% to $19.01 in after-hours...

Cusick’s Corner The market pulled back into the After Hours on no news or specific economic catalyst. Existing home sales come out tomorrow -- expectations are in a wide range from 3.9 to 5.3 million units (Bloomberg). While the market looks ready to accept the potential for sub-4 million in a...