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Several States Taking Action to Outlaw Synthetic Marijuana, Known as K2 or Spice

July 31, 2010

Dairy Queen lawsuit against Yogubliz: “Blizzberry,” too much like “Blizzard”

07/28/2010 // West Palm Beach, FL, USA // Tara Monks // Tara MonksNew York, NY – International Dairy… (more…)

Irvington New Jersey fire: 3-alarm blaze injures at least 9 firefighters

07/28/2010 // West Palm Beach, FL, USA // Tara Monks // Tara MonksIrvington, NJ – At least nine firefighters… (more…)

Ocean City Maryland personal injury: Roller coaster ride debris injures 3 kids

07/26/2010 // West Palm Beach, FL, USA // Tara Monks // Tara MonksTrimper’s RidesOcean City, MD –… (more…)

Unity Twp PA crash: Motorcyclist died after wreck at dangerous intersection

07/27/2010 // West Palm Beach, FL, USA // Tara Monks // Tara MonksUnity Township, PA – A motorcyclist… (more…)

Somerville MA attack, shooting: Domestic fight results in 1 dead, 3 cops injured

07/23/2010 // West Palm Beach, FL, USA // Tara Monks // Tara MonksSomerville, MA – A woman was shot… (more…)

EPA fines: Rhode Island Airport, contractors pay $25K for demolition violations

07/27/2010 // West Palm Beach, FL, USA // Tara Monks // Tara MonksBoston, MA – The U.S. Environmental… (more…)

Queens Settlement: Sean Bell settlement reached – $7.1M to family, victims

07/28/2010 // West Palm Beach, FL, USA // Tara Monks // Tara MonksNew York, NY – The family and friends… (more…)

FDA faces NRDC lawsuit: Antimicrobial soap chemicals pose product safety risks

07/29/2010 // West Palm Beach, FL, USA // Tara Monks // Tara MonksWashington, DC – The Natural Resources… (more…)

Philadelphia premise liability: Mom attacked at high school sues administration

07/29/2010 // West Palm Beach, FL, USA // Tara Monks // Tara MonksPhiladelphia, PA – A woman who was… (more…)

Summit NKJ beating, theft: Man beat unconscious by teens and robbed by nurse

07/28/2010 // West Palm Beach, FL, USA // Tara Monks // Tara MonksSummit, NJ – A nurse from Overlook… (more…)

• Marketing for Dallas personal injury lawyers using SEO

• Bay Area personal injury lawyer news: Worker fatality prompts criminal charges

• North Carolina divorce attorneys explain: Odds of divorce for long-term marri…

• Petaluma CA Workplace Injury Lawyer News: Worker?s leg severed by roller coaster

• Los Angeles Injury: Chlorine overload at CA public pool hospitalized 17

• Lawyer Social Marketing Says It?s Time for Law Firms to Start Tweeting

• San Mateo CA Verdict: Caltrans Ordered to Pay $12.2M to Brain-Damaged Pedestrian

• Ft. Myers FL Construction Accident: A Worker is Dead After Falling into an Auger

• Albany OR Rollover: Rear-End Accident on I-5 Injured 6, Including 4 Kids

<a href="http://www.newyorkinjurynews.com/2010/07/14/Several-States-Taking-Action-to-Outlaw-Synthetic-Marijuana-Known-as-K2-or-Spice_201007144323.htmltag:news.google.com,2005:cluster=http://www.newyorkinjurynews.com/2010/07/14/Several-States-Taking-Action-to-Outlaw-Synthetic-Marijuana-Known-as-K2-or-Spice_201007144323.htmlFri, 16 Jul 2010 04:10:38 GMT 00:00″>Several States Taking Action to Outlaw Synthetic Marijuana, Known as K2 or Spice

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HB Markets Daily Smallcap Newsflash including MDM Engineering, Hamworthy …

July 31, 2010

Thursday, July 15, 2010 HB Markets Daily Smallcap Newsflash including MDM Engineering, Hamworthy, Wilmington and others

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21st Century (C21, 6.375p, £5.88m) – The trading update for H1 2010, for the vehicle installation service provider supplying public transport CCTV and other monitoring systems, is positive. Earnings in the first half exceed management expectations. The group continued to roll out the EcoManager with Arriva UK Bus and delivered its first series of EcoManager units to Arriva in mainland Europe. Furthermore, the business has won a new contract with First Group UK Bus. The final tranche of the bank term loan was repaid in February. Despite the strong performance in H1, we believe H2 will be tougher, reflecting potential constraints on customer’s budgets. The market forecasts 2010 PBT of £0.8m and EPS of 0.6p and in 2011 PBT of £1.1m and EPS of 0.9p. Trading on a 2011 PER of 7.1x, suggest the group is undervalued. We upgrade our recommendation to a BUY and introduce a 12 month target price of 8p – equivalent to 9x 2011 earnings.

32Red (TTR, 14.5p, £10.14m) - the online betting and gaming operator, reports the performance in H1 2010 is expected to be in line with market expectations. A 33% increase in total revenues to £7.8m was predominantly underpinned by a 29% increase in 32Red Casino and the acquisitions of Nedplay and Golden Lounge. The impact of the casino marketing campaigns has attracted new customers and helped increase the number of active customers. The group will continue to invest in marketing campaigns. All outstanding bank debt has been repaid, improving the strength of the balance sheet. Regulatory risk and heavy reliance on the online casino are key issues, but the stock looks cheap on 7.6x, albeit a little speculative. SPECULATIVE BUY to 20p

AFC Energy (AFC, 19.5p, £29.42m) – is supporting B9 Coal and its affiliate B9 Gas with its alkaline fuel cell being used with a steam reformer to generate clean power from natural gas. We maintain our optimism for this commercial scale alkaline fuel cell development. SPECULATIVE BUY

Asia Digital Holdings (ADH, 0.285p, £2.02m) – Trading for the 6 months to June 2010 is reporting material lifts in revenues, up over 50%, and in gross profits, up over 30%, resulting in the group reporting a positive EBITDA. Two thirds of the group’s profitability arise from Australia and New Zealand and that area has shown a continued improvement. The group has launched in China during the first half, with Dell as its launch customer. This suggests the group is on track for revenues of £30m and approaching breakeven at the PBT by the end of the year. As such this looks significantly undervalued and we maintain our SPECULATIVE BUY recommendation.

Brulines Group (BRU, 117p, £32.8m) – AGM statement. Trading is in line with management’s expectations. The leisure division is buoyed by a good level of recurring revenues, i-draught installations (which the company expects to continue to drive demand) both UK and overseas and encouraging progress with Vianet vending telemetry solutions. The horizontal diversification into forecourt sector continues apace. Recent acquisitions have extended the offering and allow the company to provide a one stop shop for stock analysis, fuel pump calibration, adjustment & legal verification, audit & compliance, gauging systems, tank lining and contract/project management solutions etc. Indeed the company now supplies solutions to UK forecourt retailers accounting for over 60% of fuel sold in the UK.  We suspect that while this will likely limit the pace of top line or acquisitive growth it should begin to foster economies. Encouraging, we retain our BUY.

Character Group (CCT, 117.5p, £31.01m) – plans to distribute a collection of official Michael Jackson dolls. The figures, to be distributed by Character Options in the UK, will be launched in autumn from both retailers and collector’s websites. Revenues from the figures are expected to be mainly reflected in FY2011. The group continue to widen their product portfolio and wide their sales distribution in the UK and internationally. We believe the group is undervalued trading on 6.9x in 2010 and 6.3x in 2011. The low valuations with a yield of 2.6% in 2010 and good growth prospects (Yr 1 prospective EPS growth of 24%) justify our upgrade to a BUY with a target price of 156p, equivalent to rating of 9x for 2011.

Cryptologic (CRP, 165p, £21.11m) – Trading update for Q2 has highlighted it expects a modest decline against Q1 revenues with operating costs higher than anticipated. As a result Q2 will show a greater loss than Q1 and the group is warning the outlook is “less encouraging”. Despite the world cup football, casino revenues did increase, but less than hoped, due to a swing to Blackjack and Roulette. Wagering and deposit levels were steady. The rollout of its Casino Games at Betsafe was delayed to July. As a result the group has hired a consultancy to advise on future strategy. The market will be surprised by the lack of progress and we see short term weakness down to 135p or so. SELL

Hamworthy (HMY, 307p, £139.41m) – has secured the design and supply contract for cargo handling systems for eight LPG carriers from Brazilian shipyard Estaleio Promar S.A. This helps offset the short term malaise in ship building by building the order outlook, with this contract due for delivery between mid-2012 to mid-2015 and increasing the group’s presence in the local Brazilian market. However the group is sitting on 17x prospective PER (based on £11.2m PBT with 18p EPS) to March 2011 falling to 15.9x PER (based on £12.2m PBT with 19.3p EPS) which we see up with events – so a continued HOLD.

Ilika (IKA, 55.5p, £20.30m) – has announced it has moved to a Joint Development Project status with a major vehicle manufacturer for its transport scale fuel cell technology. Ilika will be free to use the technology in other areas, such as motorcycles or the electronics sectors. Clearly good news we do however see the rating as up with events given valuations place on the other fuel cell companies in the market who are much closer to commercial product, such as AFC Energy, Ceramic Fuel Cells and Ceres Power, with our clear favourite being AFC Energy. Ilika has also released finals to April 2010 with gross revenues of £1.1m with a net loss of £3.1m. The group is working with Toyota on lead free technology for batteries, on hydrogen storage, on memory chips, on the replacement of lead in ceramic piezo electric devices and has a number of biotechnology developments which it is now commercialising. The group floated post the year end, raising £5.175m at 51p in May. HOLD

Intercede (IGP, 34.5p, £16.62m) -, the producer of Identity and Credential Management software, called MyID, has release MyID PIV Version 8 Service Release 1 (SR1) for US Federal, State and Local Government. The new version extends functionality further than smart cards, into credential management, enabling deeper penetration of an expanded customer base.  Management anticipate the US Federal Government Agencies currently using Version 8 (over 10 agencies) will upgrade to the latest version in the coming months. The stock trades on a prospective 2011 PER of 8.4x, a warranted discount to the software sector, given its poor revenue viability and lack of critical mass. We reiterate our HOLD recommendation.

MDM Engineering (MDM, 90p, £33.53m) - was awarded a contract for the engineering work for the plant upgrade for Andalucita project in Peru. Good news but unlikely to offset yesterday’s disappointment. SELL to 85p.

Nature Group (NGR, 42.5p, £16.71m) – gave a robust pre-AGM statement. In Norway successful operation of its 1st offshore treatment unit continued and it is focusing on upgrading design for 2nd generation Unit with ongoing discussions with a leading offshore oilfield and drilling fluids on potential further deployments. Onshore, the focus has been the treatment unit delivered to Kazakhstan in 2009 where commissioning was differed until this year. Efforts are now focussed on later prospects and in conjunction with reduced rental income from its Stavanger deployed unit this has held back revenues in Norway for this year but not for the group as a whole. Gibraltar achieved revenues +45%, reflecting inflow of waste oil tonnage in larger shiploads from Malta and Ceuta and Las Palmas. The Gibraltar government has given indicative approval for site expansion to enable tankage to be expanded during 2011 from 7k cubic metres to 12k command for a potential extension of the site lease beyond the existing 17yrs. Transhipment arrangements with Waste Oils Company in Malta have been extended for 2yrs from January 2011. In Oman the contractor has accelerated the site timescale for the new port facility at Duqm and all plant modules now ‘confidently’ expected in 2010. Group H1 turnover to 30th June will be c.£3.9m compared with £2.7m in the same period last year,  overall gross margins will be lowered slightly by the Omani project. FY estimates look for £2m and EPS of 4.68p. Last year the company made £1.65m per tax on £5m of turnover, so looks well on track. We upgrade our price target to 51p, which reflects 11x the FY expectation. BUY

Wilmington (WIL, 140p, £115.69m) – has announced trading in the year to June 2010 will be in-line with expectations. Training & Events will be marginally ahead of the previous year, while Publishing & information continues the trends of H1. Surprisingly the training activity in the investment banking arena continues to improve. The group is investing heavily, some £2m, in expanding its product range, especially it Flexible Legal Practice course. Forecasts to June 2010 are for some £13m PBT with 10.2p EPS followed by £13.7m PBT with 11p EPS, putting it on a 13.7x prospective PER about to go historic with a Yr II PER of 11.5. The group has achieved our initial price target but the confidence of the statement, together with investors focussing on resilient areas of the market, encourages us to maintain the BUY with a 162p year out price target.

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<a href="http://proactiveinvestors.co.uk/columns/hb_markets/18870/hb-markets-daily-smallcap-newsflash-including-mdm-engineering-hamworthy-wilmington-and-others-18870.htmltag:news.google.com,2005:cluster=http://proactiveinvestors.co.uk/columns/hb_markets/18870/hb-markets-daily-smallcap-newsflash-including-mdm-engineering-hamworthy-wilmington-and-others-18870.htmlThu, 15 Jul 2010 08:23:52 GMT 00:00″>HB Markets Daily Smallcap Newsflash including MDM Engineering, Hamworthy …

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Boyd withdraws bid for Station Casino assets

July 31, 2010

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<a href="http://www.reuters.com/article/idUSN3014963320100730tag:news.google.com,2005:cluster=http://www.reuters.com/article/idUSN3014963320100730Fri, 30 Jul 2010 22:54:07 GMT 00:00″>Boyd withdraws bid for Station Casino assets

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Poker star tells House panel that online gambling should be legal

July 31, 2010

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Profits for IGT grow despite revenue dip – Las Vegas Review

July 31, 2010

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Officials try a less fiery approach to casino debate

July 30, 2010

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· Filed Under Casino News 

Legalized Gambling Going Online?

July 30, 2010

Google Casino? Facebook Blackjack? Yahoo Slots? For better or worse, these would-be Web destinations could become realities as Congress considers legalizing Internet gambling. On Wednesday, the House Financial Services Committee approved a bill that would, as The New York Times reports, “effectively legalize online poker and other nonsports betting, overturning a 2006 federal ban that critics say merely drove Web-based casinos offshore.” The Times attributes the development to pressure on the federal government to find new revenue. The bill would direct the Treasury Department to license and regulate Internet gambling operations, while a “companion measure,” pending before another committee, would allow the Internal Revenue Service to tax such businesses. Winnings by individuals would also be taxed, as regular gambling winnings are now. The bill’s backers tell The times that the result taxes could amount to as much as $42 billion for the government over 10 years.

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<a href="http://blogs.mediapost.com/raw/?p=3460tag:news.google.com,2005:cluster=http://blogs.mediapost.com/raw/?p=3460Thu, 29 Jul 2010 18:45:53 GMT 00:00″>Legalized Gambling Going Online?

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Florida Poker Poised for Growth Surge!

July 29, 2010

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Hopkins To Integrate Florida Hospital Into Network

July 29, 2010

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Updates on the WSOP Main Event – Women Representing 3% of the Field

July 28, 2010

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