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Stock Report! PSTA, UNTY, MSPD, BOOT, CVAT
By: Mike Young   Thursday, October 22, 2009 4:47 PM

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Attorney Advertising. The law firm of Wolf Haldenstein Adler Freeman & Herz LLP is investigating possible breaches of fiduciary duty by the Board of Directors of Monterey Gourmet Foods, Inc. ("Monterey" or the "Company") (NASDAQ:PSTA) arising out of the proposed acquisition of Monterey by Pulmuone U.S.A., Inc. ("Pulmuone").

Unity Bancorp, Inc. (Nasdaq: UNTY), parent company of Unity Bank, reported a net loss attributable to common shareholders of $1.1 million or ($0.16) per diluted share for the quarter ended September 30, 2009, compared to a net loss of $1.0 million or ($0.14) per diluted share, for the third quarter of 2008. For the nine months ended September 30, 2009, the Company reported a net loss attributable to common shareholders of $2.3 million, or ($0.33) per diluted share, compared to net income of $1.3 million, or $0.19 per diluted share, for the same period a year ago.

Mindspeed Technologies, Inc. (NASDAQ: MSPD), a leading supplier of semiconductor solutions for network infrastructure applications, today announced that the company's Comcerto 100 customer premises equipment (CPE) processor is the core enabling technology behind the Ooma Telo.

LaCrosse Footwear, Inc. (Nasdaq:BOOT), a leading provider of premium, branded work and outdoor recreational footwear, announced today that its Danner brand raised over $10,000 for the Marine Corps Family Foundation during a fundraising reception that took place earlier this month at Quantico, VA. Danner more than tripled its donation amount from last year and significant contributions were given from individual Marines, ADS (www.adstactical.com) and W.L. Gore & Associates (www.gore.com) during the reception.

Cavitation Technologies, Inc. (CTI) (OTC Bulletin Board: CVAT & Berlin: WTC) is pleased to announce Producer's Choice Soy Energy (www.pcsoyenergy.com) Moberly, MO biodiesel production plant is performing above expectations.

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The above story is the opinion of the author only and it does not reflect iStockAnalyst opinion. Further, the author is not personally advising you regarding the suitability of the story for your investment needs. In no event iStockAnalyst will be liable for any loss or damage including without limitation, indirect or consequential loss or damage, or any loss or damage whatsoever arising from or arising out of, or in connection with the use of this information. Please consult your investment advisor before making any investment decision.
  
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