NOIZ, WTI, DHI, MGIC - CRWESelect.com Stock News! Micronetics Inc., W&T Offshore Inc., DR Horton Inc., Magic Software Enterprises Ltd. (Video Included Inside)

Micronetics, Inc. (NASDAQ: NOIZ)

NOIZ announced that it has been awarded a contract, valued at approximately $2.0 million, from a leading U.S. Department of Defense (DoD) prime contractor.

The contract is to design, develop, and deliver initial quantities of a key microwave subassembly.

“This is a new subassembly win for Micronetics on an important department of defense program, and helps validate our ability to pursue and win new business from tier-one industry leaders,” stated Dave Robbins, CEO of Micronetics, Inc.

Previously Micronetics, Inc. net sales for 2Q 2011 were $11.6 million, an increase of 29% compared to $9.0 million for the second quarter ended September 25, 2010. The increase in net sales for the quarter was primarily attributable to an increase in sales of core components for defense applications.

NOIZ manufactures microwave and radio frequency (RF) components and integrated subassemblies used in a variety of defense, aerospace and commercial applications. Micronetics also manufactures and designs test equipment and components that test the strength, durability and integrity of communication signals in communication equipment. Micronetics serves a diverse customer base, including BAE Systems, Boeing, Cobham, EADS, General Dynamics, ITT, L-3 Communications, Lockheed Martin, Northrop Grumman, Raytheon, Rockwell, Teradyne, and Thales.

For more information about NOIZ please visit http://www.micronetics.com

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W&T Offshore, Inc. (NYSE: WTI) announced that the Company will be presenting at the IPAA Oil & Gas Investment Symposia to be held on February 2, 2012 in Palm Beach, FL. Jamie L. Vazquez, W&T Offshore’s President, is scheduled to present on Thursday, February 2 at 2:20 p.m. Eastern Time. The presentation will be broadcast live over the Internet and the webcast link can be accessed live and for replay by visiting the Company’s Web site at www.wtoffshore.com

W&T Offshore, Inc. is an independent oil and natural gas company focused primarily in the Gulf of Mexico, including exploration in the deepwater and deep shelf regions, where it has developed significant technical expertise.

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DR Horton, Inc. (NYSE: DHI) reported net income for its first fiscal quarter ended December 31, 2011 of $27.7 million, or $0.09 per diluted share, compared to a net loss of $20.4 million, or $0.06 per diluted share, for the quarter ended December 31, 2010. Homebuilding revenue for the first quarter of fiscal 2012 totaled $885.6 million, compared to $767.0 million in the year ago quarter. Homes closed in the quarter totaled 4,118, compared to 3,637 homes in the year ago quarter.

D.R. Horton, Inc. operates as a homebuilding company in the United States. The company?s Homebuilding segment engages in the acquisition and development of land, and construction and sale of residential homes in 25 states and 73 markets in the United States primarily under the D.R. Horton, America?s Builder name.

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Magic Software Enterprises Ltd. (NASDAQ: MGIC) announced that it will report its financial results for the Fourth Quarter and Full Year of 2011 on Tuesday, February 14, 2012.

Magic Software Enterprises Ltd. develops, markets, and supports software development and deployment technology and applications.

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Tags: aerospace, Dave Robbins, DR Horton, Magic Software, Micronetics, microwave, NASDAQ: MGIC. NOIZ, NASDAQ: NOIZ, NYSE: DHI, NYSE: WTI, Radio Frequency, Select, U.S. Department of Defense prime contractor, W&T Offshore