MASP.OB, POWI, GSLA Stock Market Update from DrStockPick.com
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Mass Petroleum Inc. (OTCBB: MASP.OB) is an oil and gas production company backed by an experienced and dedicated management team. Mass Petroleum is engaged in the acquisition of producing oil and gas projects to build its reserves and ensure sustainable growth through focused project development and acquisitions.
MASP is expanding its business through acquisitions of exploration stage oil and gas wells by means of leases or buying substantial interest in them. MASP has a work force of the most experienced professionals in oil and gas sector. As on November 30th, 2009 the company reported its three exploration properties in Oklahoma with 2.34 percent interest in their ownership. The company’s main focus is in oil and gas leases and interest ownership in medium sized oil and natural gas production properties. Mass Petroleum is also looking forward to acquire non-operational interests and exploration interests in producing wells.
Power Integrations (Nasdaq:POWI) announced that a federal district court has found that Fairchild Semiconductor willfully infringed its patents. Fairchild was found to infringe four of the company’s patents following a jury trial in October 2006; the jury rejected Fairchild’s challenges to the validity of the patents in September 2007; the court rejected Fairchild’s enforceability challenges in September 2008; and the finding of willfulness follows a bench trial conducted in June 2009. The infringement was found to be willful on each of the four patents involved in the case.
Power Integrations is the leading supplier of high-voltage analog integrated circuits used in energy-efficient power conversion. The company’s innovative technology enables compact, energy-efficient power supplies in a wide range of electronic products, in AC-DC, DC-DC and LED lighting applications.
GS Financial Corp. (Nasdaq:GSLA) (the “Company”), the holding company for Guaranty Savings Bank (”Guaranty”), reported earnings for the quarter ended June 30, 2010 of $138,000, or $0.11 per share basic and diluted, compared with earnings of $503,000, or $0.40 per share basic and diluted, for the same period in 2009. Earnings for the first half of 2010 were $87,000, or $0.07 per share basic and diluted, compared with earnings of $881,000, or $0.69 per share basic and diluted, for the first six-months of 2009.
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