Most Active Companies on Tuesday, August 31, 2004

US Financial Network's list of most active stocks as of the close on Monday with potential residual activity include BIB Holdings Ltd, Intel Corp, Cisco Systems, and Lucent Technologies. These companies have announced significant news, heightening investor interest. BIB Holdings Ltd recently announced its acquisition of Incode Corporation, while Intel Corp achieved a milestone in shrinking the size of transistors for its next-generation chips.

Key Takeaways:

  • BIB Holdings Ltd has agreed to acquire Incode Corporation, a privately held technology services company, for an undisclosed amount. The acquisition aims to commercialize innovative subscription-based eBusinesses.
  • Intel Corp has achieved a major milestone in shrinking the size of transistors for its next-generation chips, contradicting fears of slowing semiconductor industry development.
  • Cisco Systems, Inc. has deployed optical equipment and routers to support Ohio's academic research and experimental network through the Ohio Academic Resources Network (OARnet).
  • Lucent Technologies has invited investors to attend its 2004 Financial Analyst Conference, which will be webcast live on September 9, 2004.
  • The US Financial Network disseminates financial news to individuals and institutions across the United States and internationally through its network member, Financial News USA.
  • The US Financial Network may have an equity position of up to 4.9% in the companies mentioned and may buy or sell their stock at any time.

Statistics:

  • BIB Holdings Ltd stock closed Monday at $0.0086 per share.
  • Intel Corp stock closed Monday at $21.60 per share.
  • Cisco Systems, Inc. stock closed Monday at $19.03 per share.
  • Lucent Technologies stock closed Monday at $3.12 per share.
  • The US Financial Network's network member, Financial News USA, offers a free RSS financial news feed available at http://www.financialnewsusa.com/rss/rss_feed.php.

Sources:

  • Financial News Alert, Most Active Companies on Tuesday August 31, 2004, M2 PRESSWIRE, August 31, 2004.
  • US Financial Network website, http://www.usfnetwork.com.
  • Financial News USA website, http://www.financialnewsusa.com.