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October 29, 2008 | admin | Comments 0

Market Alerts for Wednesday, October 29, 2008: SMHT Announces Millions in Added Revenue!

Oct. 29, 2008 (M2 PRESSWIRE via COMTEX) — TheSUBWAY.com: Names the following stocks to its Stock Alerts List: SmartHeat Inc. (OTC Bulletin Board: SMHT), CDC Corporation (NASDAQ: CHINA), Move, Inc. (NASDAQ:MOVE), Ariba, Inc. (NASDAQ:ARBA), ZVUE Corporation (NASDAQ:ZVUE), HLTH Corporation (Nasdaq: HLTH).

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SmartHeat Inc. (OTC Bulletin Board: SMHT), a market leader in China’s ‘green’ technology energy savings industry, today announced that it was awarded product supply contracts totaling $5 million from Dalkia (Jiamusi) — a subsidiary of Dalkia International, a Fortune 500 company with approximately 8 billion Euros in annual revenue. SmartHeat announces that it expects to report record 3rd quarter financial results before November 15, 2008.

Other stocks highlighted include:

CDC Corporation (NASDAQ: CHINA), down 10% on .5 million shares, a leading global enterprise software and new media company, announced Monday its preliminary third quarter results will exceed Wall Street consensus estimates with revenue from continuing operations expected to be approximately (U.S.)$103.0 - 104.0 million, an increase of approximately 6 percent year over year, and adjusted EBITDA(a) from continuing operations estimated to be between (U.S.)$11.0 to (U.S.)$12.0 million. For the third quarter of 2007, the company generated total revenue of $98.5 million from continuing operations.

Searching for real estate is about to get easier, faster and more exciting as Move, Inc. (NASDAQ:MOVE), down 2% on .3 million shares, the leader in online real estate, Monday announces the launch of the new Realtor.com Web site into public availability. Statistics on visitor search behavior captured during the Beta test period indicate Move has made the right enhancements at the right time.

ZVUE Corporation (NASDAQ:ZVUE), down 1% on .1 million shares, a global digital entertainment company, Monday announced the addition of three members effective October 24, 2008 to its Board of Directors, and as a result, regained compliance with NASDAQ’s rules regarding the number of independent directors and audit committee members. The new members of ZVUE’s Board of Directors are, Mr. Mart Bailey, Mr. Jason Lyons, and Mr. Mark Mansfield.

Ariba, Inc. (NASDAQ:ARBA), down 20% on 5 million shares, the leading spend management solutions provider, Monday announced that Hays plc, the global leader in specialist recruitment, will leverage its on-demand offerings to drive a strategic spend management initiative aimed at lowering costs, increasing efficiencies and accelerating returns on investment. Under the terms of a newly-signed agreement, Hays will implement Ariba’s solutions to standardize and streamline its sourcing and contract management processes in ways that positively impact the company’s operations and results.

HLTH Corporation (Nasdaq: HLTH), down 1% on 1 million shares, announced Monday that it has commenced its tender offer to purchase up to 80,000,000 shares of its common stock at a price per share of $8.80. The number of shares proposed to be purchased in the tender offer represents approximately 43% of HLTH’s currently outstanding shares. The last reported sales price per share of HLTH common stock on the NASDAQ Global Select Market on October 24, 2008 was $8.06 per share.

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All material herein was prepared by CRG Partners, Inc. (CRGP) based upon information believed to be reliable. The information contained herein is not guaranteed by CRGP to be accurate, and should not be considered to be all-inclusive. The companies that are discussed in this opinion have not approved the statements made in this opinion. This opinion contains forward-looking statements that involve risks and uncertainties. This material is for informational purposes only and should not be construed as an offer or solicitation of an offer to buy or sell securities. CRGP is not a licensed broker, broker dealer, market maker, investment banker, investment advisor, analyst or underwriter. Please consult a broker before purchasing or selling any securities viewed on http://www.thesubway.com or mentioned herein. CRGP has not been compensated for SMHT but expects to receive compensation in the future. CRGP will be compensated by SPC Consultants LLC who also expects to receive compensation in the future for their services. CRGP intends to sell its shares.  CRGP and its web site are operated under a license from Capital Research Group, Inc., TheSUBWAY.com Inc. and One Source Solutions Inc. (Licensors) and CRGP is not the agent of any of the Licensors and CRGP is solely responsible for all statements made herein. CRGP’s affiliates, officers, directors and employees intend to buy and sell additional shares in any company mentioned herein and may profit in the event those shares rise in value. CRGP will not advise as to when it decides to sell and does not and will not offer any opinion as to when others should sell; each investor must make that decision based on his or her judgment of the market.

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