SOURCE: Wall Street News Alert

Wall Street News Alert

November 19, 2009 09:38 ET

Wall Street News Alert: Market Watch: HearAtLast Holdings - November 19, 2009

NOTE TO EDITORS: The Following Is an Investment Opinion Being Issued by Wall Street Capital Funding.

WESTON, FL--(Marketwire - November 19, 2009) - Wall Street News Alert's "stocks to watch" this morning are: HearAtLast Holdings, Inc. (PINKSHEETS: HRAL), Citigroup Inc. (NYSE: C), Fortinet, Inc. (NASDAQ: FTNT) and Pfizer Inc. (NYSE: PFE).

Yesterday after the markets closed, HearAtLast Holdings, Inc. (PINKSHEETS: HRAL) issued a press release announcing that that Harbinger Research has issued an Investment Report on the Company. HearAtLast is a leading provider of suitable affordable solutions to clients with hearing needs in the billion dollar hearing loss market.

The research report provides a summary of the Company as an investment opportunity and overview of its business, its sales and marketing strategy and a discussion of the company's industry. It also includes the Company's projections of future results. To read the report please visit:

Earlier this month, the Company has posted its amended earnings report on The posted earnings reflect the fiscal second quarter period covering 04/01/2009 - 06/30/2009. The Company recorded gross profits of US $382,463 for Q2 of FY2009, a 19% increase compared to Q2 FY2008 gross profits of US $320,564. Operating expenses for the same period Q2 of FY2009 decreased 53% to US $738,403 compared to Q2 FY2008 of US $2,051,150. HearAtLast also reduced their debt ratio. The debt ratio is the proportion of a firm's total assets that are being financed with borrowed funds.

"We are very pleased with the direction of our company. We expect gross profits from all stores to continue to increase while operating expenses and debt ratio decline due to aggressive restructuring and reduced overheads. Despite the reduction in overhead, clinic performance has been enhanced as the companies' clinic base has entered year two of their operations. We still maintain our focus on becoming Canada's largest network of hearing stores," stated Matthew Sacco, President and CEO.

The stock closed yesterday at Five cents a share.

For an in-depth profile of HearAtLast, visit

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Citigroup Inc. (NYSE: C) up 1.1% on 305.9 million shares traded.

Citigroup Inc. is one of the leading global financial services companies.

Fortinet, Inc. (NASDAQ: FTNT) up 32.9% on 13.6 million shares traded.

Fortinet is a leading provider of network security appliances and the market leader in Unified Threat Management or UTM.

Pfizer Inc. (NYSE: PFE) up 1.3% on 48.8 million shares traded.

At Pfizer, we apply science and our global resources to improve health and well-being at every stage of life.

Market Commentary:

The Commerce Department said construction of homes and apartments fell 10.6 percent in October to an annual rate of 529,000, well below the pace of 600,000 that economists polled by Thomson Reuters expected.

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This profile is not without bias, and is a paid release. WSCF has been compensated for dissemination of company information on behalf of one or more of the companies mentioned in this release. WSCF has not been compensated for current services performed for HearAtLast Holdings, Inc. (PINKSHEETS: HRAL). However, WSCF may receive compensation for future services. WSCF was previously compensated for services rendered in 2008 & 2007. Any additional compensation will be disclosed at such time that WSCF is aware of a client's desire to extend the original services. WSCF may have received shares of a company profiled in this release prior to the dissemination of the information in this release. WSCF may immediately sell some or any shares in a profiled company held by WSCF and may have previously sold shares in a profiled company held by WSCF. WSCF's services for a company may cause the company's stock price to increase, in which event WSCF would make a profit when it sells its stock in a company. In addition, WSCF's selling of a company's stock may have a negative effect on the market price of the stock.

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