PennyOmega.com Stock Report! 11/24/09, CSRH, MHP, TEL, WU, PBTH, SVBI

Posted on 11/24/2009 11:48:09 AM in #Stocks | 0 comments comments

PennyOmega.com Hot Stock News & Alerts!

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Tuesday Nov 24, 2009

PennyOmega.com Stock Report!

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Consorteum Holdings Inc. (OTCBB: CSRH) launched its consumer stored value rebate card. The consumer rebate card program will offer manufacturers and retailers a new way to process mail-in rebates that ensures increased customer loyalty and decreased overhead costs. Consorteum will work directly with manufactures and retailers to reduce the administration costs associated with mail-in rebate programs while providing a new way to increase consumer awareness. Additional revenue and cost-saving opportunities will be available to all parties through unspent funds remaining on the card after expiration.

Harold McGraw III, chairman, president and CEO of The McGraw-Hill Companies (NYSE: MHP), will present at the UBS 37th Annual Global Media and Communications Conference. The conference will be held December 7-9, 2009 in New York City. Mr. McGraw is scheduled to speak on Monday, December 7, 2009, from 11:00 a.m. to 11:50 a.m. Eastern Time. The presentation will be webcast and may include forward-looking information.

Tyco Electronics Ltd. (NYSE: TEL) today announced that the $0.16 per share quarterly dividend for the first fiscal quarter of 2010 will be payable on Dec. 23, 2009 to shareholders of record at the close of business on Dec. 15, 2009, subject to a required filing with the Swiss Commercial Register. The dividend was approved by shareholders in the form of a capital reduction at the company's special general meeting of shareholders held on Oct. 8, 2009.

The Western Union Company (NYSE:WU), a leader in the money transfer segment of global payments, found in a recent consumer survey1, that 65 percent of Americans plan to skip 'Black Friday' holiday shopping this year, citing crowded stores as a major reason.

PROLOR Biotech, Inc., (OTC Bulletin Board: PBTH) today noted the positive opinion by the Committee for Medicinal Products for Human Use (CHMP) of the European Medicines Agency for marketing approval in Europe for ELONVA(R), a long-acting CTP-modified version of the fertility hormone FSH from Merck & Co. Merck and PROLOR are both licensees of the CTP technology from Washington University in St. Louis. CTP prolongs the duration of action of proteins and peptides -- Merck has the exclusive license for FSH and three other fertility hormones while PROLOR has the exclusive license to apply CTP to all other therapeutic proteins and peptides. PROLOR's CTP-modified version of human growth hormone is currently in clinical trials.

Severn Bancorp, Inc., (Nasdaq: SVBI), parent company for Severn Savings Bank, FSB ("Bank"), announced today that it, along with the Bank, have entered into supervisory agreements with the Office of Thrift Supervision ("OTS"), the Bank's primary federal regulator. The agreements set forth steps being taken in response to regulatory concerns with its operating results and effects of the current economic environment facing the financial services industry.

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