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Advancers in Cloud-Based - Technology Sector: Unisource, Perception, Alcatel-Lucent, Facebook, Cirrus Logic


News provided by

FN Media Group LLC

Aug 29, 2013, 09:15 ET

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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

FinancialNewsMedia.com   is leading provider of third party publishing & news dissemination services.  If you would like more information regarding our news coverage solutions, please visit http://www.financialnewsmedia.com   for more details.  Get an edge on the market with our Premium News Alerts   that are FREE for a limited time at http://www.financialnewsmedia.com/.  Follow us on Facebook:  http://www.facebook.com/financialnewsmedia   and Twitter: http://twitter.com/FNMgroup.   Sign up for our FREE SMS News alerts delivered directly to your mobile phone by texting the word PRESS to 545454.  (SMS alerts are free, however data rates may apply, check your wireless plan for details.)

DISCLAIMER:  FN Media Group LLC (FNMG) is a third party publisher and news dissemination service provider, which disseminates electronic information through multiple online media channels.  FNMG is NOT affiliated in any manner with any company mentioned herein.  FNMG and its affiliated companies are a news dissemination and financial marketing solutions provider and are NOT a registered broker/dealer/analyst/adviser, holds no investment licenses and may NOT sell, offer to sell or offer to buy any security.  FNMG's market updates, news alerts and corporate profiles are NOT a solicitation or recommendation to buy, sell or hold securities.  The material in this release is intended to be strictly informational and is NEVER to be construed or interpreted as research material.  All readers are strongly urged to perform research and due diligence on their own and consult a licensed financial professional before considering any level of investing in stocks.  The companies that are discussed in this release may or may not have approved the statements made in this release.  FNMG is not liable for any investment decisions by its readers or subscribers.  Investors are cautioned that they may lose all or a portion of their investment when investing in stocks.

FNMG HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE.  

This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may", "future", "plan" or "planned", "will" or "should", "expected," "anticipates", "draft", "eventually" or "projected". You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company's annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and FNMG undertakes no obligation to update such statements.

Contact Information:
Company:  FN Media Group, LLC
Contact email:  [email protected]
U.S. Phone: +1-954-345-0611
URL: http://www.financialnewsmedia.com

SOURCE FN Media Group LLC

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