Oct. 30, 2009 (Business Wire) -- PicksThatMove is pleased to bring investors special situation stocks which have a high potential for price appreciation. These companies have interesting business models and they have to execute on the business development level to bring value to shareholders. Some of our past picks had soared over 200%. To view some of our profiled stocks, please visit our website at www.picksthatmove.com.
At PicksThatMove, our team scours the technical and financials of hundreds of companies to identify those stocks showing the greatest potential for growth.
The investment opinions offered below and in this press release are provided by Nick Hunter, RIA, of PicksThatMove.com
Rogers Communications Inc. (TSX: RCI.B), $33.20, +$2.220, 7.17%, a communication and media company is doing fairly well this morning. The company is up $2.22 or 7.17% with 1.6 million shares traded so far. The company announced earlier this week that it will pay out a quarterly dividend of $0.29/share for its Class B Non-Voting shares and Class A voting shares, to be paid on January 2, 2010, to shareholder of record on November 20, 2009. Rogers also announced that its has priced its offering of $1 billion debt securities, comprised of $500 million aggregated principal amount of 5.38% Senior Notes due 2019 and $500 million aggregated principal amount of 6.68% Senior Notes due 2039. Complete pricing and yield amounts are available on the company’s website.
Azure Dynamics Corporation (TSX: AZD), $0.325, +$0.065, 25%, is a developer of proprietary electric and hybrid electric drive technology for light to heavy duty commercial vehicles. It has been announced that Ford is teaming up with the company for the introduction of its battery electric Transit Connect commercial van, to hit the market in 2010. The company is teaming up with Ford has announced that it is teaming up with Ford. Azure Dynamics will integrate its Force DriveTM battery electric drive train in the Transit Connect van for commercial fleet and retail use. This recent collaboration with Ford could be what is helping fuel today’s trading activity.
Genworth Financial Inc. (NYSE: GNW), $11.26, +$1.08, 10.61%, is making gains today. The company released its third quarter results. The reported net income (before non controlling interests) was $45 million compared to a net loss of $258 million in the same quarter last year. Net operating income (before non controlling interests) was $106 million compared with $220 million for the same quarter last year. The company also announced that its Board of Directors of the Canadian division of the company, Genworth MI Canada Inc., confirmed a fourth quarter dividend of $0.22, per common share, payable on December 1, 2009, to shareholders of record on November 16, 2009.
