LRAD, EQR, CRS, OGE - CRWESelect.com Stock Report! LRAD Corporation, Equity Residential, Carpenter Technology Corp., OGE Energy Corp. (Video Included Inside)

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LRAD Corporation (NASDAQ:LRAD)

LRAD recently reported record revenues of $26.5 million and record net income of $0.15 per diluted share for the fiscal year ended September 30, 2011. The Company achieved record revenues for the fourth straight fiscal year and second consecutive year of profitability; the first two years of profitability in the Company’s history. Also, LRAD recorded fifth consecutive fiscal year of double digit LRAD® systems and services sales growth.

LRAD revenues for fiscal year 2011 increased 59% to $26.5 million, compared to $16.7 million for fiscal year 2010. The increase in fiscal year 2011 revenues was derived primarily from the shipment of a $12.1 million order to a foreign government.

LRAD has thousands of Long Range Acoustic Device® (LRAD®) communication systems in service around the world in diverse applications including fixed and mobile military deployments, maritime security, critical infrastructure and perimeter security, commercial security, border and port security, law enforcement and emergency responder communications, asset protection and wildlife preservation and control.

For more information about LRAD please visit http://www.lradx.com

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Equity Residential (NYSE:EQR) has entered into a contract to acquire an approximate 26.5% ownership interest in Archstone, a privately-held owner, operator and developer of multifamily apartment properties, for $1.325 billion in cash. The ownership interests under contract represent one half of the collective interests currently owned by affiliates of Bank of America and Barclays Bank PLC (together, the “Sellers”). Closing is contingent on the remaining significant Archstone owner not exercising its right of first offer (“ROFO”) to acquire this interest from the Sellers at the same price as agreed to by Equity Residential, as well as certain other closing conditions. If this owner declines to exercise its right and all other closing conditions are met, it is expected that the acquisition by Equity Residential would occur late in the first quarter of 2012.

Equity Residential, a real estate investment trust (REIT), engages in the acquisition, development, and management of multifamily properties in the United States.

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Carpenter Technology Corp. (NYSE:CRS) announced that it has agreed to acquire the assets of ARwin Machining Plus, Ltd. for approximately $1.4 million dollars, with an expected closing by December 15, 2011. The assets will become integrated into the Canadian division of Amega West Services, a subsidiary of Carpenter Technology that specializes in directional drilling manufacturing. Both companies are located in Nisku, Alberta.

Carpenter Technology Corporation engages in the manufacturing, fabrication, and distribution of specialty metals.

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OGE Energy Corp. (NYSE:OGE) announced that its Board of Directors has approved an increase in the company's annual dividend to $1.57 per share from $1.50 per share. The increase is effective with the first-quarter 2012 dividend of $0.3925 per common share of stock, to be paid Jan. 30, 2012 , to shareholders of record Jan. 10 , 2012. The company has paid quarterly dividends uninterrupted for the past sixty-four years.

OGE Energy Corp., together with its subsidiaries, operates as an energy and energy services provider that offers physical delivery and related services for electricity and natural gas primarily in the south central United States.

To read the full article visit URL http://crweselect.com/27651/stock-alerts/lrad-eqr-crs-oge-crweselectcom-stock-report-lrad-corporation-equity-residential-carpenter-technology-corp-oge-energy-corp-video-included-inside/

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