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StockHotTips.com Hot Stock News & Alerts!

Monday November 30, 2009

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Aquentium, Inc. (OTCBB: AQNM) a publicly traded company with a focus on "green technologies" is pleased to announce their high speed ozone hand dryer as a solution for increased bathroom sanitation and bacteria and virus protection for schools and universities. The hand dryer combines high speed drying with ozone in order to sanitize the air and keep the blowers inside the dryer free from bacteria.

Federal Signal Corporation (NYSE: FSS), a leader in advancing security and well-being, announced today that a Philadelphia court entered judgments in its favor in the first two cases scheduled to be tried against it by a group of firefighters who allege the Company's sirens caused them hearing loss. The cases were filed over two years ago in the Philadelphia Court of Common Pleas, and the parties engaged in extensive pre-trial work. After the first jury had been chosen, and on the morning the first trial was set to begin, the plaintiffs withdrew their oppositions to the Company's motions for summary judgment, ending their cases. The Company agreed to pay $12,500, a nominal sum, to reimburse a portion of the plaintiffs' litigation expenses, and the plaintiffs agreed to waive any rights to appeal.

Levi & Korsinsky is investigating potential claims on behalf of the shareholders of FortuNet, Inc. ("FortuNet" or the "Company") (NasdaqGM: FNET) arising out of the announcement that the Yuri Itkis Gaming Trust of 1993 ("Trust") intends to commence a tender offer for all of the outstanding shares of common stock of the Company not already owned by the Trust at an offer price of $1.70 per share in cash. Yuri Itkis, the chairman and chief executive officer of the Company, is the sole trustee and beneficiary of the Trust that owns approximately 75% of the outstanding shares of the Company. The investigation concerns whether the $1.70 offer is fair given that the Company's shares traded as high as $3.90 as recently as September 15, 2009 and at least one analyst has a set a $6.00 price target for FortuNet shares.

IBM (NYSE: IBM) announced today that it again held the lead as the top server vendor worldwide in 3Q09 with 31.7 percent revenue share -- compared with 30.2 percent for its nearest competitor -- according to a new Gartner report. The IBM gains were fueled by revenue share growth in x86 and UNIX markets/segments.\

Covance Inc. (NYSE: CVD) today announced that it will present at the Piper Jaffray 21st Annual Health Care Conference on Wednesday, December 2, 2009 at 1:30 p.m. (ET). Investors may access a live webcast of the presentation at www.covance.com. In order to register and download any necessary software, please log on 10 minutes early.

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