Brekford ($BFDI) Solid First Quarter Announcement Points to Strong Second Half $XRX

Brekford Corp announced on Tuesday that it recorded solid first quarter results, providing clues for second half financial results. Looking past Tuesday’s announcement, investors can look forward to - potentially - a strong second half.

Revenues are expected to accelerate in the second half of 2012, as a result of previously announced contracts with the municipalities of Greenbelt and Denton, MD and Rivera Beach, FL. All of which will begin to contribute to the Company’s top line and add to the Company’s base business.

The Company’s profitability is forecasted to increase significantly in the second half. Despite frontloaded cost, the Company had a strong operational performance by posting better than expected gross and operating profit margins. The Company is growing very rapidly and doing a good job of controlling expenses. The coming surge in revenue will have a positive effect on the Company’s second half EPS. Read more

Can a quarry be worth $50 billion?

Stockhouse has published an investigative report on Potash America Inc., a U.S. Bulletin Board company that is supposedly sitting on top of $50 billion worth of calcium montmorillonite in Nevada.

(Toronto, Ontario) May 4, 2012 - (SharewellNewsWire.com) Stockhouse has published an investigative report on Potash America Inc., a U.S. Bulletin Board company that is supposedly sitting on top of $50 billion worth of calcium montmorillonite in Nevada. For full details on the promotion, please see this week’s Stockhouse Short Report.

Here is a link to the report:

http://www.stockhouse.com/Community-News/2012/May/3/Stockhouse-Short-Report-Can-a-quarry-be-worth-$50

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Integrated Device Technology (IDTI) to Buy PLX Technology (PLXT) for USD330 Million

  Integrated Device Technology would soon be acquiring PLX Technology. The deal is settled for $330 million and we would be provided in cash or stock. It is said that the deal would close in the first fiscal quarter of 2013. Read more

US Homeownership Rate Slides to 15-Year Low of 65.4 Percent

Homeownership rate in the first quarter in the US is down from 66.4 percent a year earlier to 65.4 percent signifying a 15-year low, according to the Census Bureau. However, recent data suggests that the housing market's outlook is promising.

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