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Posts Tagged ‘CAT’

Eye movement-based lie detector test coming to a police department near you

July 18th, 2010 The Editor

Reported By: Anza, crwenewswire.com Mid East correspondent

In recent years a polygraph machine has been used to detect lies. It was used by FBI, CIA, local police and many other government agencies and some organizations mainly government to periodically check their employees for honesty as well as prospective criminals. The polygraph machine relied on pulse rate, blood pressure, sweat rate etc.

But now with the improvement of technology and five years of hard work by the team at the University of Utah, they have successfully made an Eye movement based lie detector. It is based on CAT (Credibility Assessment Technologies).

According to workers on the project, the eye tracking method has a great potential for detecting lies. Moreover they added that when future tests will be successfully conducted eye movement based lie detector test will dominate Polygraph testing.

The technology was only recently developed therefore software development and further tests are necessary and are currently being developed to determine accuracy and to improve the technology. The technology here is different from polygraphs as are now understood, all technology is based on movement of the eye, how long it takes a test to read something, response time, rereading and error all are still under review.

According to the team that develops the technology, an eye movement based lie detector test is much cheaper than polygraph testing. Its results are more reliable as compared to polygraph testing and it gives more timely results as compared to polygraph testing.

The team members announced that their technology will soon be used on commercial bases. Let’s see how successful it proves to be!

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THIS IS NOT A RECOMMENDATION TO BUY OR SELL ANY SECURITY! Disclaimer: Never invest in any stock featured on our site or emails unless you can afford to lose your entire investment. CRWENewswire.com publisher and its affiliates and contractors are not registered investment advisers or broker/dealers. Our disclaimer is to be read and fully understood before using our site, reading our newsletter or joining our email list. Release of Liability: Through use of this website viewing or using, you agree to hold CRWENewswire.com report and Crown Equity Holdings, Inc. CRWE, its operators, shareholders, employees and/or contractors harmless and to completely release them from any and all liability due to any and all loss (monetary or otherwise), damages (monetary or otherwise) that you may occur. (read more) Rule 17B requires disclosure of payment for investor relations.

 
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Caterpillar Subsidiary Progress Rail Acquires FCM Rail: Presented By StockHotTips

May 7th, 2010 The Editor

StockHotTips.com Hot Stock News & Alerts!

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ALBERTVILLE, Ala., May 7 (CRWENEWSWIRE) — Caterpillar Inc. (NYSE:CAT) announced today that Progress Rail Leasing Corporation, a wholly-owned subsidiary of Progress Rail Services, a division of Caterpillar, has acquired FCM Rail, Ltd. (FCM). Based in Fenton, Michigan, FCM is a leading lessor of maintenance-of-way (MOW) equipment in the United States. The acquisition strengthens Progress Rail’s existing position in the MOW industry by expanding its service offerings.

Incorporated in 1979, FCM specializes in MOW leasing, total equipment solutions with warehouse leasing and short- and long-term equipment rentals. Its extensive equipment portfolio includes tampers, ballast regulators, spikers, spike pullers, anchor applicators, track stabilizers, undercutters and various other railroad and track maintenance equipment.

“We are proud to announce the addition of FCM to the Progress Rail family,” said Dave Roeder, senior vice president of Engineering and Track Services at Progress Rail. “FCM is a well-known leader in the MOW leasing sector, and the company’s excellent reputation will further enhance Progress Rail’s position as a key player in the MOW market.”

Through this acquisition, Progress Rail Services will be able to better serve customers with an expanded leasing portfolio and cost-effective maintenance solutions.

“FCM is excited to join one of the premier companies in the railroad industry and become part of the Caterpillar family of companies,” said Denny Gilstad, former chairman and chief executive officer of FCM, who will remain as a consultant to Progress Rail.

Trent Marshall will succeed Gilstad as President of FCM, and FCM’s headquarters will remain in Fenton, Michigan.

About Caterpillar:

For more than 85 years, Caterpillar Inc. has been making progress possible and driving positive and sustainable change on every continent. With 2009 sales and revenues of $32.396 billion, Caterpillar is the world’s leading manufacturer of construction and mining equipment, diesel and natural gas engines and industrial gas turbines. The company also is a leading services provider through Caterpillar Financial Services, Caterpillar Remanufacturing Services, Caterpillar Logistics Services and Progress Rail Services. More information is available at: http://www.cat.com.

About Progress Rail:

Progress Rail Services, a wholly owned subsidiary of Caterpillar Inc., is a leading supplier of remanufactured locomotive and railcar products and services to the railroad industry, operating one of the most extensive rail service and supply networks in North America. We serve our customers through a network of more than 125 locations across the United States, Canada, Mexico, Brazil, Italy, Germany and the United Kingdom, with more than 4,300 employees. Progress Rail Services is headquartered in Albertville, Alabama. For more information, visit www.progressrail.com.

FORWARD-LOOKING STATEMENTS

Certain statements in this press release relate to future events and expectations and, as such, constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are subject to known and unknown factors that may cause actual results of Caterpillar Inc. to be different from those expressed or implied in the forward-looking statements. Words such as “believe,” “estimate,” “will be,” “will,” “would,” “expect,” “anticipate,” “plan,” “project,” “intend,” “could,” “should” or other similar words or expressions often identify forward-looking statements. All statements other than statements of historical fact are forward-looking statements, including, without limitation, statements regarding our outlook, projections, forecasts or trend descriptions. These statements do not guarantee future performance, and Caterpillar does not undertake to update its forward-looking statements.

It is important to note that actual results of the company may differ materially from those described or implied in such forward-looking statements based on a number of factors, including, but not limited to: (i) economic volatility in the global economy generally and in capital and credit markets; (ii) Caterpillar’s ability to generate cash from operations, secure external funding for operations and manage liquidity needs; (iii) adverse changes in the economic conditions of the industries or markets Caterpillar serves; (iv) government regulations or policies, including those affecting interest rates, liquidity, access to capital and government spending on infrastructure development; (v) commodity price increases and/or limited availability of raw materials and component products, including steel; (vi) compliance costs associated with environmental laws and regulations; (vii) Caterpillar’s and Cat Financial’s ability to maintain their respective credit ratings, material increases in either company’s cost of borrowing or an inability of either company to access capital markets; (viii) financial condition and credit worthiness of Cat Financial’s customers; (ix) material adverse changes in our customers’ access to liquidity and capital; (x) market acceptance of Caterpillar’s products and services; (xi) effects of changes in the competitive environment, which may include decreased market share, lack of acceptance of price increases, and/or negative changes to our geographic and product mix of sales; (xii) Caterpillar’s ability to successfully implement Caterpillar Production System or other productivity initiatives; (xiii) international trade and investment policies, such as import quotas, capital controls or tariffs; (xiv) failure of Caterpillar or Cat Financial to comply with financial covenants in their respective credit facilities; (xv) adverse changes in sourcing practices for our dealers or original equipment manufacturers; (xvi) additional tax expense or exposure; (xvii) political and economic risks associated with our global operations, including changes in laws, regulations or government policies, currency restrictions, restrictions on repatriation of earnings, burdensome tariffs or quotas, national and international conflict, including terrorist acts and political and economic instability or civil unrest in the countries in which Caterpillar operates; (xviii) currency fluctuations, particularly increases and decreases in the U.S. dollar against other currencies; (xix) increased payment obligations under our pension plans; (xx) inability to successfully integrate and realize expected benefits from acquisitions; (xxi) significant legal proceedings, claims, lawsuits or investigations; (xxii) imposition of significant costs or restrictions due to the enactment and implementation of healthcare reform legislation and proposed financial regulation legislation; (xxiii) changes in accounting standards or adoption of new accounting standards; (xxiv) adverse effects of natural disasters; and (xxv) other factors described in more detail in “Item 1A – Risk Factors” in Part I of our Form 10-K filed with the SEC on February 19, 2010 for the year ended December 31, 2009 and in Part II of our Form 10-Q filed with the SEC on May 3, 2010 for the quarter ended March 31, 2010. This filing is available on our website at www.cat.com/sec_filings.

THIS IS NOT A RECOMMENDATION TO BUY OR SELL ANY SECURITY!

Disclaimer: Never invest in any stock featured on our site or emails unless you can afford to lose your entire investment.StockHotTips.com publisher and its affiliates and contractors are not registered investment advisers or broker/dealers. Our disclaimer is to be read and fully understood before using our site, reading our newsletter or joining our email list. Release of Liability: Through use of this website viewing or using, you agree to hold StockHotTips.com report and Crown Equity Holdings, Inc. CRWE, its operators, shareholders, employees and/or contractors harmless and to completely release them from any and all liability due to any and all loss (monetary or otherwise), damages (monetary or otherwise) that you may occur. (read more) Rule 17B requires disclosure of payment for investor relations.

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StockHotTips.com Update On CVAt,CAT,OCCF,BNSF

November 5th, 2009 admin

StockHotTips.com Hot Stock News & Alerts!

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Thursday November 5, 2009

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Optical Cable Corporation (Nasdaq GM: OCCF) (”OCC”) today announced that it has acquired Applied Optical Systems, Inc. (”AOS”), a designer, developer and manufacturer of specialty fiber optic connectors and connectivity solutions for military and harsh environment applications. The acquisition was completed on October 31, 2009, and Applied Optical Systems is now a wholly owned subsidiary of OCC.

OCC acquired Applied Optical Systems by exercising a warrant issued by AOS in April 2005 (as amended) for the issuance of new equity and acquiring all of the remaining capital stock of AOS from AOS’s shareholders.

Caterpillar Inc. (NYSE: CAT) and the law firm of Schlichter, Bogard & Denton today announced they have reached a tentative settlement of Martin, et al. v. Caterpillar Inc., et al., Case No 07-1009. The case involves a dispute over the administration of four 401(k) plans for Caterpillar employees and retirees and is currently pending before Judge Joe Billy McDade of the U.S. District Court for the Central District of Illinois. Under the tentative settlement, which must be approved by an independent fiduciary and Judge McDade, Caterpillar will pay $16.5 million. The net proceeds of the settlement, after court-approved attorney’s fees and expenses of settlement administration have been deducted, will be allocated to participant accounts and former participants based generally upon the number of years a participant maintained an account balance in one or more of the plans.

Caterpillar maintains it has complied with the Employee Retirement Income Security Act of 1974 (ERISA), which governs such plans. Both parties have determined that it is in the best interest of the company, its employees and its shareholders to resolve the matter in this way. The parties have litigated the case extensively since September 11, 2006, when the plaintiffs filed their initial complaint.

BNSF Railway Company (BNSF) today announced it has reached a tentative agreement with the Brotherhood of Locomotive Engineers and Trainmen (BLET) to settle wage and work rule matters concerning BNSF’s locomotive engineers for the major round of collective bargaining that will begin Jan. 1, 2010.

The agreement will settle wage and work rule issues through Dec. 31, 2014. Health and welfare issues, however, will be addressed in upcoming industry-wide negotiations.

Cavitation Technologies, Inc. (CTI) (OTC Bulletin Board: CVAT & Berlin: WTC) is pleased to announce Producer’s Choice Soy Energy (www.pcsoyenergy.com) Moberly, MO biodiesel production plant is performing above expectations.

 

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THIS IS NOT A RECOMMENDATION TO BUY OR SELL ANY SECURITY!

Disclaimer

: Never invest in any stock featured on our site or emails unless you can afford to lose your entire investment.Stock Hot Tips publisher and its affiliates and contractors are not registered investment advisers or broker/dealers. Our disclaimer is to be read and fully understood before using our site, reading our newsletter or joining our email list. Release of Liability: Through use of this website viewing or using, you agree to hold StockHotTips.com report and Crown Equity Holdings, Inc. CRWE, its operators, shareholders, employees and/or contractors harmless and to completely release them from any and all liability due to any and all loss (monetary or otherwise), damages (monetary or otherwise) that you may occur. (read more) Rule 17B requires disclosure of payment for investor relations. Crown Equity Holdings, Inc. (CRWE.OB) has received five thousand shares of free trading stock from a third party for advertising services for Cavitation Technologies, Inc. (CVAT.OB) and an additional twenty-five thousand shares of 144 restricted stock from Cavitation Technologies, Inc. (CVAT.OB) for 12 months of advertisement services.

 
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Stock Hot Tips Update on CAT

November 3rd, 2009 admin

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Tuesday November 3, 2009

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Orders to U.S. factories rebounded in September, helped by strength in autos, heavy machinery and military aircraft.

The fifth increase in six months bolstered hopes that a revival in manufacturing will help support an overall economic recovery. The worry is that if consumer spending falters in coming months, orders will slump again.

The Commerce Department said Tuesday that orders rose 0.9 percent in September, slightly better than the 0.8 percent gain economists had expected. Demand increased for both durable goods, and nondurable goods such as chemicals and energy products.

New orders for durable goods, items expected to last at least three years, advanced 1.4 percent, better than the 1 percent estimate the government made last week.

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THIS IS NOT A RECOMMENDATION TO BUY OR SELL ANY SECURITY!

Disclaimer

: Never invest in any stock featured on our site or emails unless you can afford to lose your entire investment.Stock Hot Tips publisher and its affiliates and contractors are not registered investment advisers or broker/dealers. Our disclaimer is to be read and fully understood before using our site, reading our newsletter or joining our email list. Release of Liability: Through use of this website viewing or using, you agree to hold StockHotTips.com report and Crown Equity Holdings, Inc. CRWE, its operators, shareholders, employees and/or contractors harmless and to completely release them from any and all liability due to any and all loss (monetary or otherwise), damages (monetary or otherwise) that you may occur. (read more) Rule 17B requires disclosure of payment for investor relations.

 
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Xtreme Hot Stock Alert From Stock Hot Tips

October 21st, 2009 admin

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Wednesday October 21, 2009

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The Global Technology Distribution Council (GTDC), the world’s largest consortium of IT distributors, today announced the addition of six new members: AB SA based in Wroclaw, Poland; Computer Gross, headquartered in Empoli, Italy, near Florence; Munich, Germany-based Computerlinks; Miami-based Intcomex, which does business throughout Latin America; SiS Technologies, headquartered in Hong Kong; and UK-based 20:20 Mobile, located in Crewe (Northwest England). These new members offer a broad range of technology products and services in their targeted markets across Europe, Asia and Latin America. “The GTDC started out in the United States in 1998 and has continually built on a strong foundation that is rapidly expanding across the globe,” commented GTDC CEO Tim Curran, noting that its members’ sales exceed more than $100 billion in annual revenue. “We are dedicated to the IT distribution industry, its growing value and continually evolving success in meeting the needs of today’s technology vendors, resellers, solution providers and retailers worldwide. This includes supporting ongoing supply chain innovation and efficiency advances on behalf of our members and their vendor partners.”

Caterpillar is recently up 14c to $59.74. CAT goes ex-dividend on October 22 with a .42c dividend. CAT call option volume of 556,178 contracts compares to put volume of 58,576 contracts according to Track Data. November option implied volatility is at 35, below a level of 48 from last week; and below its 26-week average of 49, according to Track Data, suggesting decreasing price movement.

Aquentium, Inc. (OTCBB: AQNM) a publicly traded company with a focus on “green technologies” announced that the company is now offering distributorship opportunities for its complete line of ozone sanitation and water treatment equipment for the Country of India.

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THIS IS NOT A RECOMMENDATION TO BUY OR SELL ANY SECURITY!

Disclaimer

: Never invest in any stock featured on our site or emails unless you can afford to lose your entire investment.Stock Hot Tips publisher and its affiliates and contractors are not registered investment advisers or broker/dealers. Our disclaimer is to be read and fully understood before using our site, reading our newsletter or joining our email list. Release of Liability: Through use of this website viewing or using, you agree to hold StockHotTips.com report and Crown Equity Holdings, Inc. CRWE, its operators, shareholders, employees and/or contractors harmless and to completely release them from any and all liability due to any and all loss (monetary or otherwise), damages (monetary or otherwise) that you may occur. (read more) Rule 17B requires disclosure of payment for investor relations. Crown Equity Holdings, Inc. (CRWE.OB) is being paid 100,000 restricted shares for public relations services for Aquentium Inc. (AQNM)

 
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