CORAL SPRINGS, FL -- (Marketwire) -- 12/14/11 -- FinancialNewsMedia.com "stocks in the news" for today: Unity Management Group, Inc. (PINKSHEETS: UYMG), Pfizer, Inc. (NYSE: PFE), Broadcom Corporation (NASDAQ: BRCM), and Avon Products, Inc. (NYSE: AVP).
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This morning just before the markets opened for trading, Unity Management Group, Inc. (PINKSHEETS: UYMG) "UNITY" (or the "Company"), and its subsidiary, Metropolitan Computing Corporation (MCC) are pleased to announce that it has sold its initial PZ Uno Tablet Press to a major pharmaceutical company for $500,000. Due to confidentiality agreements the company is not able to disclose the name of the purchaser. The company did specify that the PZ Uno tablet press would be used for a research and development project for clinical trials for a revolutionary new drug.
"Unity Management Group Inc. is pleased with the first sale, and reference point for the new press, and projects sales for the PZ UNO Tablet Press for 2012 to be substantial," said Michael Oliver Director, and Vice president, and he also stated that Unity Management is on pace to finalize their 2011 goals in new sales and finalizing pending orders.
Watch the Video Press Release for Unity Management here: http://youtu.be/tH_4JGMaVPs
In recent news within the last few weeks, Unity Management Group announced the execution of two orders from Bristol Meyers Squibb, and Boehringer Ingelheim. The contracts are valued in excess of $200,000. And in separate news UYMG also announced the receipt of an order from Sun Pharmaceutical. That contract is valued at $105,000. The new contracts are for UYMG's newly developed Instrumentation package designed for Roller Compactors. Michael Oliver, Vice President, stated, "The Company expects that this new design and instrumentation package will generate an additional $1.5 million in sales for fiscal 2012." For more information please go to UYMG's website which can be found at www.unitymanagementgroup.com
Read the entire UMYG press release here: http://www.financialnewsmedia.com/stock-investing-business-investing-news/featured-news.php?id=114
Pfizer, Inc. (NYSE: PFE) closed up 1.81% on Tueday (12/13/11) on 69.2Mil shares traded. Pfizer Inc., a biopharmaceutical company, offers prescription medicines for humans and animals worldwide, recently announced the FDA unanimously has recommended the approval of Pfizer's drug axitinib for use in kidney-cancer patients
Broadcom Corporation (NASDAQ: BRCM) was up 6.6% pre-market Wednesday (12/14/11) on 750,560 shares traded. Broadcom, a global leader in semiconductors for wired and wireless communications, today updated its financial guidance for the fourth quarter of 2011 with news that net revenue increased to the high end of the prior range to approximately $1.8 billion.
Avon Products, Inc. (NYSE: AVP) was up 10.52% pre-market Wednesday (12/14/11) on 82,409 shares traded. Avon Products, the company for women, is a leading global beauty company, with over $10 billion in annual revenue. As the world's largest direct seller, Avon markets to women in more than 100 countries through approximately 6.5 million active independent Avon Sales Representatives
"Bulls Pout as Fed Stands Pat: Stage Set for 'More Action' in 2012," says Michele Girard, senior economist at RBS.
The Federal Reserve left rates at zero Tuesday and reiterated plans for 'Operation Twist,' as was widely expected. The central bank says the economy is "expanding moderately" but said unemployment remains "elevated" and that "significant downside risks" remain. In the end, the Fed did not signal any new policy action to jumpstart the economy, which left Wall Street disappointed.
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