May 2008 - Page 41 of 67

MondayMay 12, 2008 12:03 pm

Illinois Tool Works, Inc (ITW) Wins Race to Acquire Britain’s Enodis PLC (ENODF.PK)

Illinois Tool Works Inc (ITW) has apparently won the race to acquire Enodis PLC (ENODF.PK), a maker of food service equipment located in Britain. On Thursday May 8, Enodis PLC agreed to be acquired by Illinois Tool Works, rejecting the previous offer by Manitowoc (MTW). Manitowac had been pursuing Enodis for two years, but in the end, Enodis accepted the Illinois Tool Works total offer of $2.3B. The Illinois Tool Works offer includes $2.1B in cash and the assumption of $210M in debt. By accepting this offer, it rejected Manitowac’s $1.9B bid. Enodis manufactures food service equipment (food preparation, ice…

MondayMay 12, 2008 11:49 am

Astrata Group, Inc. (ATTG.OB) Announces New West Africa Contract

Astrata Group announced this afternoon that Geneva-based Cotecna Group SA, a group of trade inspection, security and certification companies, has been awarded a major contract to produce a transit monitoring system for the government of Senegal's customs operations. Pat Ellis, Astrata's Regional Director for Europe and Africa said, "Astrata has been working closely with Cotecna on several public sector opportunities and we are pleased to announce the first of these to come to fruition in Senegal. This contract for the Senegalese government project underlines our progress in marketing Astrata's advanced Telematics solutions in international markets.” Astrata Group, Inc. is a…

MondayMay 12, 2008 11:19 am

Navarre Corp. (NAVR) Seeks to Capitalize the Home Entertainment Market

Navarre Corp (NAVR:NASDAQ) is a publisher and distributor of physical and digital home entertainment and multimedia products in the U.S. and Canada. The company's customers come from a wide spectrum of retailers, including mass merchandisers, third party distributors, wholesale clubs, computer speciality stores, music specialty stores, book stores, and office and electronic superstores nationwide. Navarre operates in two segments: distribution and publishing. The distribution part of the company distributes various finished goods including PC software, CD audio, DVD video, video games and accessories. These finished products are provided by PC software and video game publishers and developers, independent music labels,…

MondayMay 12, 2008 11:15 am

Geeks On Call Holdings, Inc. (GOCH.OB) Named to Entrepreneur Magazine's Prestigious Franchise 500®

Entrepreneur Magazine has released its annual Franchise 500® list and, for the third year in a row, Geeks On Call, a premier national provider of professional IT solutions to small business and residential customers, has been named one of the magazine’s top 500 Franchise companies to own. To add to the recognition, the magazine also selected the company as one of the 101 best in the “Top Home Based Franchise” category for a third straight year. “We are proud of the ongoing recognition from Entrepreneur,” said Rich Artese, Chief Operating Officer and Executive Vice President of Geeks On Call. “We…

MondayMay 12, 2008 11:12 am

Mikros Systems Corp. (MKRS.OB) is Awarded Two Contracts with the U.S. Navy

Mikros Systems Corp. (OTCBB: MKRS) today announced it recently secured two new, U.S. Navy contracts to cover follow-up work on the Mikros’ AIRchitect-EMC wireless network design tool, "interference-aware" network design software. The software allows the Navy to optimize shipboard network design and avoid interference with critical radar and communications systems. “We have worked closely with the Navy's technical experts in Charleston and San Diego to develop a tool tailored to the unique demands of shipboard operation,” Tom Meaney, president of Mikros stated in the press release. “If these programs are successful, we expect there will be many future opportunities to…

MondayMay 12, 2008 11:11 am

Generex Biotechnology Corp. (GNBT) Develops Chewing Gum Product for Type 2 Diabetes Treatment

Generex Biotechnology Corp. (Nasdaq: GNBT) is a leader in drug delivery for metabolic diseases through the inner lining of the mouth. The company has developed a proprietary Metformin chewing gum product, MetControl. Today, the company announced it produced clinical samples of Metcontrol, manufactured under GMP conditions, to be used in upcoming trials. “We are pleased to have completed this significant milestone with respect to our medicinal chewing gum product," Rose Perri, the company's chief operating officer stated in the press release. “This represents the expansion of the company's proprietary drug delivery platform as it utilizes the core science behind the…

MondayMay 12, 2008 11:08 am

HotOtc Featured Company: Cannon Exploration, Inc. (CNEX.PK) Ready to Test “Queen Alexandria” Mine Option in Northern Ontario, Canada

Analyzing test data is a prudent first step before committing to any unknown risk/reward scenario. This is the primary tenant of any market-based decision. Gather all relevant information and make your best guess. If the tests show you good data, you can make a better guess. There is always room for error, but having all the data in place before you turn out that first widget is the best way to increase the likelihood of success. Cannon Exploration Inc., a minerals exploration and development company, works to discover quality opportunities for mid- and long-term property exploitation. The company works from…

MondayMay 12, 2008 9:47 am

QualityStocks.net to Attend the Las Vegas Money Show

MoneyShow.com, the premier source for stock market and financial market information and worldwide investor seminars, began its 4-day Las Vegas Money Show today. QualityStocks.net is one of the featured companies at the show. Tomorrow we will be giving away free t-shirts with “Got Stocks?” printed across the front. The Las Vegas Money Show provides access to powerful, profitable and actionable investment advice directly from Wall Street and trading experts. With hundreds of exhibits and presentations, investors benefit from direct access to investment and economic experts who are providing specific stock and market recommendations. In addition, the show provides access to…

MondayMay 12, 2008 8:55 am

Hybrid Technologies, Inc. (HYBR.OB) Begins Final Stage of Completing its New One-Stop Online Financing Options

Hybrid Technologies announced today that it is nearing the debut of its platform of financing options which will be offered to customers looking to purchase their emission-free vehicles. The company stated that it is partnering with a leading provider of commercial and consumer financing options to provide customers with multiple finance options. The financing options, which are expected to be introduced in the coming months, will give consumers interested in purchasing Hybrid’s electric vehicles an easy way to obtain unsecured personal loans, secured loans, and leasing opportunities. As the prices for fossil fuel energy continue their escalating rise, the prices…

MondayMay 12, 2008 8:13 am

QualityStocks.net Tracks Hundreds of Newsletters Daily

Did you know that QualityStocks.net currently sifts through hundreds of investment newsletters on a daily basis to produce “The QualityStocks Daily Newsletter ”? QualityStocks.net knows their audience doesn’t have the time to read every article that is provided by the hundreds of investment newsletters out there. The company takes on the daunting task of sorting through hundreds if not thousands of investment articles to provide top quality information each and every day. Since the beginning of May, QualityStocks.net has highlighted a variety of companies that have posted large gains. Last week GTX Corp (GTXO) rose 24% after making it on…

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Month: May 2008