July 2008 - Page 30 of 52

WednesdayJul 16, 2008 4:42 am

What to invest in this year?

With the Dow Jones Industrial Average down 17.36% year-to-date, folks are pretty jittery. They should be. Blue chip stocks such as Fannie Mae and Freddie Mac are about as close to belly up as a company can be. Back in the old days, a person simply "sat tight" and waited for the market to rebound. Sitting tight might not work so well this time around. The Vanguard Index funds of the world aren't doing so well. Here is what I recommend. 1. Stay away from financials. Just because they're cheap does not mean they won't get cheaper. 2. I have…

TuesdayJul 15, 2008 5:13 pm

Chairman of The Parent Company Discusses $25 Million Financing Agreement with D.E. Shaw Group

The Parent Company (NASDAQ: KIDS), a leading online commerce, content and new media company for growing families, recently hosted a conference call to discuss the completion of a multi-year financing agreement with an entity in the D.E. Shaw Group. Under the terms of the agreement, D.E. Shaw Group will provide up to $25 million of junior-secured debt financing with $10 million made immediately available to The Parent Company. Additionally, none of the debt facility is convertible into equity and only the first portion of $10 million has an equity warrant component. Shaw, a major shareholder of The Parent Company, provided…

TuesdayJul 15, 2008 1:24 pm

Novellus Systems, Inc. (NVLS) Announces Availability of Ashable Hard Mask Process Technology to the VECTOR Extreme Platform

Novellus Systems, Inc. (NVLS), based in San Jose, California, is a provider of advanced process equipment for the global semiconductor industry. The company is a supplier of chemical vapor deposition (CVD), physical vapor deposition (PVD), electrochemical deposition (ECD), chemical mechanical planarization (CMP), ultraviolet thermal processing (UVTP), and surface preparation equipment used in the manufacturing of semiconductors. Products such as the CVD, PVD and ECD are used to deposit extremely thin films of insulating and conductive materials that are used to create the wiring on a chip. Novellus has announced the availability of an ashable hard mask (AHM) process configuration for…

TuesdayJul 15, 2008 9:02 am

ViroPharma Inc. (VPHM) and Lev Pharmaceuticals Inc. (LEVP.OB) Venture into a Multi-Million Merger to Expand Portfolios, Extend Market Reach

Biopharmaceutical companies ViroPharma Inc. (Nasdaq: VPHM) and Lev Pharmaceuticals Inc. (OTCBB: LEVP) today announced a definitive merger agreement potentially worth $617.5 million to further joint efforts for the treatment of inflammatory diseases. Per the agreement, VioPharma will acquire Lev for $442.9 million, or $2.75 per Lev share, comprised of $2.25 per share in cash and 50 cents per share in ViroPharma common stock. The deal will be executed upon approval by the board of directors of both companies. The deal is scheduled to be completed in 2008, and specifies that ViroPharma will purchase $20 million of Lev common stock. “This…

TuesdayJul 15, 2008 8:59 am

SatCon Technology Corp. (SATC) Appoints Seasoned Vice President of Sales and Marketing to Deepen its Industry Footprint

SatCon Technology Corp. (Nasdaq: SATC) provides utility-scale renewable energy solutions for distributed power markets to deliver advanced, reliable and proven clean energy alternatives. To create market awareness and increased strength in the industry, the company today announced Pete DeGraff as corporate vice president of sales and marketing. DeGraff will be responsible for creating and carrying out global market strategies for the company’s products and solutions in a rapidly growing renewable, clean energy industry. The company recently launched several products for the global market, and anticipates DeGraff will assist in the worldwide sales expansion. DeGraff has more than 15 years of…

TuesdayJul 15, 2008 8:12 am

Mega Media Group, Inc. (MMDA.OB) Makes Significant Changes This Summer

Mega Media Group, Inc. (MMDA.OB) has concentrated on creating significant strides in marketing their subsidiary, Pulse 87 FM, this summer. The key driver was to get the word out about the station to the New York area. The station's new website, www.pulse87.com, launched in May to be more in tune with a target audience of 18- to 49-year-olds. The site now allows listeners to get the latest entertainment news and updates on events, as well as listen to live broadcasts and send in music requests. As most consumers are on the computer daily, the ability to have access to the…

TuesdayJul 15, 2008 7:59 am

Skinny Nutritional Corporation (SKNY.OB) Announces Agreement with Red Bull Energy Drink Distributor

Skinny Nutritional Corp, the marketer and distributor of Skinny Water®, has entered into an agreement with Red Bull Energy Drink’s distributor, Power-Pak Beverage, located in the Southeastern Pennsylvania region, making this the fifth distribution deal since launching the product earlier this year. Power-Pak Beverage is a privately-owned company that currently distributes Red Bull Energy Drink and will begin distribution of Skinny Water through supermarket stores, convenience stores, drug stores, fitness clubs, and restaurants. The new distribution agreement will make Skinny Water, a drink that the company claims boosts metabolism and controls appetite, available to a growing market of almost 4.5…

TuesdayJul 15, 2008 7:49 am

Patriot Energy Corporation (PGYC.PK) Moves to Change Name to TelTeck Solutions, Inc.

Patriot Energy Corporation (PGYC.PK) recently announced that the company has started the process to change its name to TelTeck Solutions, Inc. This name change is in an effort to better represent the company’s business of its wholly owned subsidiary, TelTeck Solutions, Inc. The name will result in new stock certificates being issued with new CUSIP numbers. TelTeck Solutions, Inc., a technologically innovative company with expertise in the high-security telematics industry, specializes in location intelligence products and services. The company’s goal is to develop and bring to market solutions that are based on licensed and/or proprietary technologies with the guarantee of…

TuesdayJul 15, 2008 7:42 am

Dutton Associates Featured Company: Revett Minerals, Inc. (RVM: TSX)

Revett Minerals, Inc. (RVM: TSX) operates through their subsidiaries, owning and managing the Troy Mine and the development-stage Rock Creek Project, both of which are located in northwestern Montana. Each project consists of significant copper and silver mineral reserves and resources that will form the basis of the company's mission to establish themselves as a solid, mid-tier base and precious metals producer in the future. Expansion of the company rests on their production through exploration in and near their current properties, as well as through targeted business combinations of advanced staged projects. Revett has served as a maintenance and care…

TuesdayJul 15, 2008 7:39 am

Dutton Associates Featured Company: ReoStar Energy Corp. (REOS.OB)

ReoStar Energy Corp. (OTCBB: REOS) operates as an oil and gas company in the development and redevelopment of oil and gas fields in the continental United States. Their focus is on generating revenue and profits from their oil and gas properties, and building reserves through the acquisition of strategic leasehold interests. Their proven reserves are worth approximately $180 million, and they hold over 17,000 acres of mineral leasehold in Texas and Arkansas, including operational equipment and service and drilling rigs. ReoStar relies on a business model that allows them to be productive in their current operations and provides them with…

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Month: July 2008