Stocks in the News: Nighthawk Systems, Avocent, ATI Technologies, Intel, and Yahoo!

Strategic Insights -

On October 1, 2004, InvestSource Inc. reported on the stock market performance of several prominent companies, including Nighthawk Systems Incorporated (NIHK), Avocent Corporation (AVCT), ATI Technologies Incorporated (ATYT), Intel Corporation (INTC), and Yahoo! Incorporated (YHOO). The article highlighted significant events, share price fluctuations, and major announcements from these companies.

Key Takeaways:

  • Nighthawk Systems Incorporated (NIHK) received an initial order for CEO-700 whole house disconnect units from the City of New Bern, North Carolina, following successful field testing of the CEO-700 by the city's electric department.
  • Avocent Corporation (AVCT) shares fell 0.57% to close at $26.03 per share after being downgraded by RBC Capital Markets from "Outperform" to "Sector Perform".
  • ATI Technologies Incorporated (ATYT) dropped 0.52% to close at $15.33, while Intel Corporation (INTC) lost 0.05% to close at $20.06, both likely due to market fluctuations.
  • Yahoo! Incorporated (YHOO) shares rose 0.26% to close at $33.91 per share following a redesign of its front page and myYahoo portal, incorporating RSS technology.
  • The Nasdaq composite index rose by 0.15% on Thursday, while the S&P 500 remained almost even at -0.02%, and the Dow Jones fell by -0.55% due to Merck's recall of Vioxx.
  • InvestSource Inc. put a Money Alert on these companies, warning investors to be cautious and advising them to visit their website for further information.

Statistics:

  • Over 2,000 municipal electric companies in the United States provide electric service to over 19 million meters, including the City of New Bern, North Carolina.
  • Intel Corporation shipped more than 50 million desktop, server, and mobile processors with Hyper-Threading (HT) Technology since its inception two years ago.
  • Nighthawk Systems Incorporated has received an initial order from the City of New Bern, North Carolina, for CEO-700 whole house disconnect units.

Sources:

  • Nighthawk Systems Incorporated (OTC: NIHK)
  • Avocent Corporation (NASDAQ: AVCT)
  • ATI Technologies Incorporated (NASDAQ: ATYT)
  • Intel Corporation (NASDAQ: INTC)
  • Yahoo! Incorporated (NASDAQ: YHOO)
  • M2 Communications Ltd.
  • M2 PressWIRE: October 1, 2004
  • InvestSource Inc.: October 1, 2004