Obsidian Financial’s Morning Market News for Tuesday December 6, 2011
New York 12/06/2011 03:58 PM GMT (WooEB)
OFinancialinc.com announces the following stocks to its Morning Market News
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RiT Technologies (NASDAQ: RITT), the leading provider of intelligent infrastructure management (IIM) solutions, today announced that it has appointed Mr. Peter Leonard , a Johannesburg -based IT industry professional, to become its Country Sales Manager of South Africa . Mr. Leonard will be mandated with further developing RiT’s business in South Africa, a region whose rapid uptake of IT technologies makes it a land of opportunity for RiT’s industry-leading solutions.
” Africa today is a land in transformation, and a key enabler of change is the ongoing overhaul of its communications and IT networks,” commented Eran Ayzik, RiT’s President and CEO. “Thousands of businesses are investing in new data centers and IT hubs, and their IT staffs are looking to build in intelligent infrastructure platforms. With a strong reputation, industry-leading solutions and an active local presence, RiT will be able to win more business, taking full advantage of the opportunity to make Africa into one of its strongest regions.”
To view the full press release for RiT Technologies (NASDAQ: RITT), click here or visit OFinancialinc.com
Obsidian Financial gainers are: ModusLink Global Solutions Inc. (NASDAQ: MLNK), IntriCon Corporation (NASDAQ: IIN), Nathan's Famous Inc. (NASDAQ: NATH), First United Corporation (NASDAQ: FUNC), magicJack VocalTec Ltd. (NASDAQ: CALL), Carver Bancorp Inc. (NASDAQ: CARV), Savient Pharmaceuticals Inc. (NASDAQ: SVNT), LogMein Inc. (NASDAQ: LOGM), Central European Distribution Corporation (NASDAQ: CEDC), Meta Financial Group Inc. (NASDAQ: CASH)
Obsidian Financial decliners are: China Medical Technologies Inc. (NASDAQ: CMED), First Security Group Inc. (NASDAQ: FSGI), Atlantic Coast Federal Corporation (NASDAQ: ACFC), Nobility Homes Inc. (NASDAQ: NOBH), Mitel Networks Corporation (NASDAQ: MITL), Spirit Airlines Inc. (NASDAQ: SAVE), Winner Medical Group Inc. (NASDAQ: WWIN), The9 Limited (NASDAQ: NCTY), SciQuest Inc. (NASDAQ: SQI), Affymax Inc. (NASDAQ: AFFY)
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All material herein was prepared by Obsidian Financial Communications, Inc. (OFC) based upon information believed to be reliable. The information contained herein is not guaranteed by OFC 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. OFC 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://OFinancialinc.com or mentioned herein. RiT Technologies (NASDAQ: RITT) - Obsidian Financial Communications Inc. (OFC) has not been compensated for RITT. In addition to any compensation mentioned above, additional compensation can be equal to ten percent of any newly issued or registered securities of the profiled companies. OFC's affiliates, officers, directors and employees may own shares and intend to buy and sell additional shares of the companies mentioned herein and may profit in the event those shares rise in value. OFC 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. To see OFC's full disclaimer / compensation, please visit our web site: http://ofinancialinc.com/disclaimer
Joe Farrar, CEO, Obsidian Financial Communications Inc.