Market Alerts for Monday, October 6, 2008: George Soros of Soros Fund Management, LLC Takes on 5 Percent Position On LGDI!
Oct. 6, 2008 (M2 PRESSWIRE via COMTEX) — TheSUBWAY.com: Names the following stocks to its Stock Alerts List: Legend International Holdings, Inc (OTCBB: LGDI), Cisco (NASDAQ: CSCO), Secure Computing Corporation (NASDAQ: SCUR), Microsoft Corp. (Nasdaq: MSFT), Applied Materials (Nasdaq: AMAT), SunPower Corporation (Nasdaq: SPWR).
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Legend International Holdings, Inc (OTCBB: LGDI), with phosphate projects in the State of Queensland, Australia, announced Friday that Billionaire investor George Soros holds a 5.19-percent passive stake in the Australian mining firm. Soros Fund Management reported in a filing with the U.S. Securities and Exchange Commission that it owns 11.7 million shares of Legend.
Other stocks highlighted include:
Cisco (NASDAQ: CSCO), down 1% on 13 million shares, today announced that IronPort® Systems Inc., a leading provider of solutions that protect businesses against spam, viruses, malware and spyware, and now part of Cisco, has enhanced the protection offered by its Web-security appliances with the addition of Exploit Filtering. Exploit Filtering utilizes IronPort’s distinctive Web-reputation technology to protect users from malware delivered through compromised Web sites even when these sites are not identified through URL filtering or signature scanning. Exploit Filtering is available on the IronPort S-Series(TM) family of Web-security appliances.
Secure Computing Corporation (NASDAQ: SCUR), up 86% on 12 million shares, announced today that in an independent test conducted by AV Test Labs (www.av-test.org), Secure Computing’s Secure Web Anti-Malware achieved 99.7 percent detection success, leading all of the major anti-malware vendors and scoring higher than 32 other companies. Secure Computing’s reputation-based Web gateway solution, Secure Web (formerly known as Webwasher®), scored five “A” grades out of a possible six scores giving Secure the best overall average of all anti-malware products that were tested. AV Test Labs’ research simulated a real-world combination of malware threats and illustrated the varying degrees of competitive product effectiveness in detecting these threats.
Microsoft Corp. (Nasdaq: MSFT), down 1% on 22 million shares, today announced that Microsoft will be the exclusive third-party provider of mobile WAP site display advertising to CNBC.com’s U.S. mobile audience of 1.1 million unique monthly visitors. This alliance represents Microsoft’s first mobile ad syndication deal in the U.S. and is an extension of the companies’ online advertising collaboration announced last December.
Applied Materials (Nasdaq: AMAT), up 1% on 3 million shares, and SunPower Corporation (Nasdaq: SPWR) Friday announced completion of two SunPower solar power systems totaling 2.1 megawatts at Applied Materials’ corporate facilities in Sunnyvale, Calif. The systems represent the largest solar power deployment at a corporate facility in the United States.
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