Pansoft Company Limited is trading at $6.50, up $1.00 or 18% at a volume of 75,000
After releasing strong financials this morning, investors seem confident in the future. In late January, Pansoft also changed its corporate structure including four market segments and two functional departments. Finally, in early January Pansoft signed a Software System Development and Integration Contract with PetroChina for $5 million or 34 Million RMB for their FMIS 7.0 accounting system.
ADC Telecomm is trading at 6.11 up .73 or 13% at a heavy volume of 3.5 million.
ADCT successfully increased its efficiency across operations to offset lower revenue. Expenses were down to 110.5 million in the fourth quarter. Guidance for the second quarter has net sales ranging from $260-$280 million. ADC also warned the cellular industry of network architecture problems concerning the 4G network. The company is set to present its micro-cellular infrastructure solutions at the 2010 Mobile World Congress. “We have already seen how smartphones can cause enormous 3G network capacity issues and unhappy customers if the infrastructure isn’t properly designed, and this is just a hint of what’s to come with 4G services,” said Dick Parran, president of the Network Solutions Business Unit for ADC.
HeckMann Corporation is trading at 5.42 up .54 or 11.09% at a volume of 800k
Heckmann Corportation signed an agreement with Energy Transfter partners to develop and install water solutions generated in the Marcellus and Haynesville Shale gas development areas. The funding and operation will be evenly split between the partners.