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TMCNet:  Emerging Markets Consulting, LLC. : Emerging Equity Alerts

[August 06, 2009]

Emerging Markets Consulting, LLC. : Emerging Equity Alerts

(M2 PressWIRE Via Acquire Media NewsEdge) Orlando, FL -- Stocks gaining traction in today's trading are Hicks Cumulus Media, Inc., (NASDAQ:CMLS), Radian Group, Inc., (NYSE:RDN), and On2 Technologies, Inc., (AMEX: ONT). Money flow and a positive chart pattern can be important indicators in the timing of a trade.

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Do you Twitter? If so, check me out at http://twitter.com/MicroCapMaster! You can also visit my blog at http://www.emergingmarketsconsulting.blogspot.com/ Cumulus Media, Inc. $1.43 up $0.63 (78.75%) Cumulus Media Inc. (NASDAQ: CMLS - News) today reported financial results for the three and six months ended June 30, 2009. Visit www.yahoo.com/finance and type in the symbol, CMLS to see the numbers.

About Cumulus Media, Inc.

Cumulus Media, Inc., a radio broadcasting company, engages in the acquisition, operation, and development of commercial radio stations in mid-size radio markets in the United States. The company, through its investment in Cumulus Media Partners, LLC, also operates radio station clusters serving large-sized markets. As of December 31, 2008, it owned and operated 315 radio stations in 59 mid-sized media markets in the United States; and 32 radio stations in 9 markets, including San Francisco, Dallas, Houston, and Atlanta that were owned by Cumulus Media Partners, LLC. In addition, Cumulus Media provides sales and marketing services for one radio station under a local marketing agreement. The company was founded in 1997 and is based in Atlanta, Georgia.

Radian Group, Inc. was trading at $5.62 up $1.95 (53.13%) Mortgage insurer Radian Group Inc. posted an unexpected second-quarter profit Wednesday, as reduced exposure to risky investments helped reverse its loss from a year ago. Shares soared 55 percent, or $2.02, to $5.69 in afternoon trading. In a release, the Radian also noted it's ready to handle increased volume from government-sponsored refinance and modification programs. For the three months ending June 30, the company said it earned $231.9 million, or $2.82 per share. It lost $392.5 million, or $4.91 per share, a year earlier. Analysts polled by Thomson Reuters were expecting a loss of $1.58 per share.

About Radian Group, Inc.

Radian Group, Inc., through its subsidiaries, provides credit-related insurance coverage and financial services. The company operates in three segments: Mortgage Insurance, Financial Guaranty, and Financial Services. The Mortgage Insurance segment offers credit protection for mortgage lenders and other financial services companies on residential mortgage assets. This segment serves mortgage originators, such as mortgage bankers, mortgage brokers, commercial banks, savings institutions, and credit unions. The Financial Guaranty segment insures and reinsures municipal bonds, structured finance transactions, and other credit-based risks, as well as provides credit protection on various asset classes through financial guarantees and credit default swaps. This segment serves financial institutions that structure, underwrite, or trade securities issued in structured finance obligations. The Financial Services segment specializes in credit card and bankruptcy-plan consumer assets, as well as originates subprime credit card receivables and has various other similar ventures related to consumer assets. It has operations in the United States, Germany, Hong Kong, Australia, the Netherlands, and Denmark. The company was formerly known as CMAC Investment Corporation and changed its name to Radian Group, Inc. in June 1999. Radian Group was founded in 1977 and is headquartered in Philadelphia, Pennsylvania.

On2 Technologies, Inc. was trading at $0.576 up $0.1933 (50.51%) On2 Technologies, Inc. (NYSE Amex: ONT) and Google Inc. (NASDAQ:GOOG - News) jointly announced today that they have entered into a definitive agreement under which Google will acquire On2, a leading developer of video compression technology. Under the terms of the agreement, each outstanding share of On2 common stock will be converted into $0.60 worth of Google class A common stock in a stock-for-stock transaction. The transaction is valued at approximately $106.5 million. "Today video is an essential part of the web experience, and we believe high-quality video compression technology should be a part of the web platform," said Sundar Pichai, Vice President, Product Management, Google. "We are committed to innovation in video quality on the web, and we believe that On2's team and technology will help us further that goal." About On2 Technologies, Inc.

On2 Technologies, Inc., together with its subsidiaries, engages in the development and sale of video compression software and related services in the United States and Finland. The company's proprietary technology platform and video compression/decompression software delivers video over proprietary networks and the Internet to personal computers, wireless devices, set-top boxes, and other devices. It offers video and audio codecs, and encoding software for use with video delivery platforms. The company's products include VP6 and VP7 series of video codec designs that support real-time encoding at full D1 resolution; video encoding software that allows users to encode video in the Adobe Flash 8 format; Hantro series of video decoder and encoder products that provide format and resolution support for various video applications; and AMR-NB audio encoder and decoder for mobile video messaging, streaming, and telephony applications. It also licenses chip and mobile handset manufacturers with the hardware and software designs that make the encoding or decoding of video possible on devices, such as mobile handsets, set top boxes, portable media players, and cameras. In addition, the company provides integration, customized engineering and consulting, technical support, and encoding services. On2 Technologies sells its products and services to digital communication and media companies, entertainment companies, telecommunication companies, and third party resellers. It has a strategic partnership agreement with Netease.com Inc. The company was founded in 1992 and is based in Clifton Park, New York.

About Emerging Markets Consulting, LLC Emerging Markets Consulting, LLC is an investor relations and consulting firm serving carefully selected micro cap and small cap clients. Services available include turnkey investor relations services, consulting, marketing and related services needed by publicly traded companies. EMC is unique in that they only work with companies after a stringent due diligence process and they also work with a limited number of clients in order to provide service that is exceptional. The above referenced companies are not clients of Emerging Markets and no compensation has been paid for the exposure provided by this report.

Investors are advised that this analysis is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy. This report does not have regard to the specific investment objectives, financial situation and the particular needs of any specific person who may receive this information. The information contained herein is based on sources that we believe to be reliable but is not guaranteed by us as being accurate and does not purport to be a complete statement or summary of the available data. Past performance is no guarantee of future results. Please consult a broker before purchasing or selling any securities mentioned. Any opinions expressed herein are statements of our judgment as of the date of publication and are subject to change without notice. Reproduction without written permission is prohibited.

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((Comments on this story may be sent to info@m2.com)) (c) 2009 M2 COMMUNICATIONS

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