Blog - Page 3607 of 5667

FridayDec 03, 2010 11:53 am

Encompass Digital Media to Acquire Ascent Media Corp.’s (ASCMA) Content Distribution Business

Encompass Digital Media, a US-based digital media services provider, today announced it will purchase the global content distribution business of Ascent Media Corp. for approximately $113 million in cash and assumption of about $7 million in debt. The acquisition will create a leading global provider of critical outsourced media services to cable channels, broadcasters, media companies and others. The transaction will also greatly expand Encompass' scale and geographic footprint by combining its core operations in Los Angeles and Atlanta with Ascent's broadcast facilities in New York, Minnesota, Burbank, Singapore and London. The company will benefit from a high quality and…

FridayDec 03, 2010 11:42 am

“Bernie” Rice Joins Madison Ave. Media (KHZM.OB) Advisory Board

Madison Ave. Media, Inc., provider of advanced digital media marketing and communication solutions, announced today that James Bernard “Bernie” Rice has joined its Advisory Board. After starting with IBM, where he held increasingly senior level positions in sales and finance, Mr. Rice became Vice President of Business Development for IBM’s Consumer Division. Here he began a distinguished career in the development of breakthrough online research and learning platforms, including the formation of Riverdeep, Inc., an IBM spin-off, helping to make it the fastest growing educational software company in the nation, now serving approximately 45,000 schools in over 20 countries. In…

FridayDec 03, 2010 10:51 am

GigaMedia Ltd. (GIGM) Video Chart for Friday, December 3, 2010

GIGM was poised to move in October but fell through the base and dropped 50 cents to the $1.40 area. A reversal appears to be in the making from these levels and technical traders should be on alert for a possible move through resistance and the 20 day simple moving average. To view the video chart, visit the following link: http://www.qualitystocks.net/videocharts.php Let us hear your thoughts below:

FridayDec 03, 2010 10:40 am

Gainsco, Inc. (GAN) is “One to Watch”

Through its subsidiaries, Gainsco Inc. focuses its efforts on the property and casualty insurance business, with an emphasis on the nonstandard personal automobile market. Writing on classes of risks which are not generally insured by many of the standard companies, the company markets its nonstandard personal auto line of insurance on an admitted basis through independent agency locations in Arizona, Florida, Georgia, Nevada, New Mexico, South Carolina, Texas and one general agency in California. Nonstandard personal auto insurance is usually purchased by drivers who do not meet an insurance company’s “standard” or “preferred” underwriting criteria. These drivers generally pay higher…

FridayDec 03, 2010 9:43 am

BioNeutral Group Inc. (BONU.OB) Elects Dr. Andy Kielbania to Board of Directors

With headquarters in New Jersey, BioNeutral Group is a specialty technology-based life science company that has developed a unique technology platform that neutralizes harmful environmental contaminants, toxins and dangerous micro-organisms which include bacteria, mold, fungi and spores. Today, BioNeutral announced the addition of Dr. Andy Kielbania to their Board of Directors. Dr. Kielbania has over 35 years experience in the field and is a renowned name throughout the sector. Dr. Kielbania joined BioNeutral in 2005 as their Chief Science Officer after a distinguished career as an inventor, researcher and developer. When asked what this move will mean to the future…

FridayDec 03, 2010 9:37 am

Arrhythmia Research Technology Inc. (HRT) is “One to Watch”

Founded nearly three decades ago, Arrhythmia Research Technology, Inc. (ART) has a broad portfolio of solutions and products that has been continually expanded over the years through the strategic acquisition and deployment of world class technologies, people and processes. The company has uniquely positioned itself to solve the design and manufacturing challenges virtually every industry's design engineers and scientists face. Through its wholly owned subsidiary Micron Products, Inc., ART manufactures silver plated and non-silver plated conductive resin sensors and distributes metal snaps used in the manufacture of disposable ECG, EEG, EMS and TENS electrodes. Micron's MIT division manufactures custom injection…

FridayDec 03, 2010 8:53 am

L & L Energy, Inc. (LLEN) to Finance Coal Mine in Colorado

L & L Energy, Inc. reported that the company has signed an agreement to finance coal operations at a mine in Colorado. L & L Energy, Inc. has agreed to provide up to $3 million in funds to Bowie Resources LLC, which owns the Bowie mine in Paonia, Colorado. The company funded the first part of the loan, in the amount of $1 million, on November 23, 2010. Bowie Resources LLC will pay interest at a rate of 9% per annum. In addition, L & L Energy, Inc. will also receive an option to buy 9% of Bowie Resources LLC…

FridayDec 03, 2010 8:51 am

The PLANET BOTTLE Corp. (IMGN.OB) Adds EmbroidMe to their Canadian Franchising Initiatives

The PLANET BOTTLE Corporation announced yesterday that their independently operated subsidiary, Worldwide Franchise Group, has signed an agreement to acquire the Canadian rights to sell and develop the EmbroidMe franchise across the country on behalf of the Canadian Master Franchise Licensee of EmbroidMe, Colonial York Financial Inc. of Halifax, Nova Scotia. Patrick Rooney, CEO of The PLANET BOTTLE stated, "Our franchising team is dedicated to aggressively build on the base of 18 franchised 'EmbroidMe' stores currently operating across Canada. This transaction will supplement the cash flow of Worldwide Franchise Group allowing us to build a professional team to manage and…

FridayDec 03, 2010 8:48 am

Composite Technology Corp. (CPTC.OB) Subsidiary Signs Agreement with Sterlite for Distribution of ACCC Conductors in India

Today, Composite Technology Corp. announced that its subsidiary, CTC Cable Corp. has established an agreement with Sterlite Technologies Limited. Under the conditions of the agreement, Sterlite will manufacture ACCC® conductors for sale in the Indian market; there is also the possibility that the companies will work together to support sales in other markets. The agreement covers a six-year period with provisions to extend beyond the initial term. Sterlite is positioned to be the only qualified Indian strander supplying the Indian market for a fixed period as long as the company can achieve sales volumes. The agreement does not prevent licensed…

FridayDec 03, 2010 8:46 am

China Shuanji Cement, Ltd. (CSGJ.OB) Opens New Plant

Yesterday, China Shuanji Cement, Ltd., a manufacturer of cement in the Shandong and Hainan provinces of China, announced that it has opened its newest one million metric ton cement plant in Zhaoyuan City. The ribbon cutting ceremony was attended by the Zhaoyuan City mayor, as well as employees and representatives of China Shuangji, in addition to customers, suppliers, and other industry members. China Shuangji, a producer of Portland cement, currently manufactures 1,500,000 tons annually from its two facilities in Hainan, and one in Shandong. Once the newest Zhaoyuan City plant, located with direct access to a new highway, reaches full…

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