Topic: Growth Stocks

The Stock Pickers Digest Hotline – Friday, August 21, 2009

Article Excerpt

FAIR ISAAC CORP., $24.13, symbol FICO on New York, has changed its ticker symbol on the New York exchange from FIC to FICO. The new symbol is part of the company’s plan to change its corporate identity. Its main business remains its FICO software, which lets lenders of all types calculate a customer’s credit score. Fair Isaac Corporation is still the company’s legal name. The stock has rebounded sharply from last March’s low of $9.76. Aggressive cost cuts are letting Fair Isaac increase its profits in the face of falling sales. It has also recently upgraded its FICO scoring system. This should help it gain from rising demand for credit scores as the economy recovers. Fair Isaac is still a buy. TRUE ENERGY TRUST, $0.79, symbol TUI.UN on Toronto, plans to convert itself into a conventional corporation by late October 2009. The trust recently sold the bulk of its oil and gas assets in Saskatchewan for roughly $86 million, which it put toward its…

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