Blog - Page 4032 of 5386

FridayNov 07, 2008 12:51 pm

Panasonic and Sanyo to Merge?

Talks between Panasonic and rival Sanyo began on Friday with regard to a possible buyout deal. The two electronics manufacturers could complete a merger as soon as year's-end, which would effectively create the largest Japanese electronics company, surpassing Hitachi. "We need another engine for growth, "said Panasonic president Fumio Ohtsubo, "We need another pillar for far greater growth. And Sanyo was that best partner." In addition to a possible joint future, the companies have an interesting shared history: The founders of the two electronics giants were brothers-in-law. Let us hear your thoughts below:

FridayNov 07, 2008 12:50 pm

Wall Street Ends Rough Week on a Rebound

After a week's worth of tumultuous conditions, there was finally some relief for battered stocks on Friday. The Dow jumped as much as 200 points, or roughly two percent, with the Nasdaq and S&P logging similar percentage gains. This increase came in defiance of a weak report from the U.S. Department of Labor citing a fourteen-year high 6.5 percent rate of unemployment. Gains on the day tapered following an address from president-elect Barack Obama. Let us hear your thoughts below:

FridayNov 07, 2008 12:50 pm

AIG Repays $2.3 Billion – Seeks New Loan Terms

Shares of American Insurance Group, Inc. increased by almost fifteen percent on Friday as the company paid $2.3 billion into the $85 billion borrowed from the U.S. government in September. Another factor playing into the 27-cent jump was the rumored possibility of a renegotiation of terms on the loan. Spokespeople from both AIG and the federal government refused to comment on the reports. Let us hear your thoughts below:

FridayNov 07, 2008 12:47 pm

Bald Eagle Energy, Inc.’s (BEEI.OB) Operations Strategically Located on Alaska’s North Slope

Bald Eagle Energy is a relatively new company with one simple goal: To decrease America's dependency on foreign oil through the development of domestic sources. Based out of Houston Texas, and with its primary operations in oil-rich Alaska, Bald Eagle is poised to become a significant player in the American oil and gas industry. In the spring of 2008, the company entered into an agreement to purchase a 100 percent interest in six leases in Alaska's North Slope Basin, a region famed for the vast stores of oil contained therein. The exploration areas that Bald Eagle have acquired, totaling more…

FridayNov 07, 2008 12:43 pm

8 Reasons To Own Gold

Gold is respected throughout the world for its value and rich history, which has been interwoven into cultures for thousands of years. Coins containing gold appeared around 800 B.C., and the first pure gold coins were struck during the rein of King Croesus of Lydia about 300 years later. Throughout the centuries, people have continued to hold gold for various reasons. Below are eight reasons to own gold today. 1. A History of Holding Its Value Unlike paper currency, coins or other assets, gold has maintained its value throughout the ages. People see gold as a way to pass on…

FridayNov 07, 2008 12:40 pm

China Growth Development Inc. (CGDI.OB) is “One to Watch”

China Growth Development Inc. (CGDI) is known as the largest investor, owner and manager of commercial real estate in the capital city of Taiyuan, located in the Shanxi province of southern China. The company currently owns and manages 5,000 commercial units within its six well positioned shopping centers, which together service an urban population of 3.4 million people. China Growth Development is focused on providing high-quality leasing opportunities for both retail and wholesale clients in convenient, modern shopping centers. The company aims to anticipate and satisfy the evolving needs of their retail and wholesale clients. Through this successful strategy, they…

FridayNov 07, 2008 11:31 am

Extreme Networks (EXTR) Wins Coveted ISO 9001:2000 Certification

Extreme Networks, Inc., provider of converged Ethernet networks, announced today that it has achieved the highly respected ISO 9001:2000 certification, in recognition of the company’s dedication to quality standards in the design and delivery of hardware and software solutions. The certification represents a successful culmination of a year-long effort by the company preparing for the independent ISO audit by TÜV SÜD America, a globally recognized testing, inspection, and certification organization. Hermann Ries, Lead Auditor from TÜV SÜD America, detailed the reason for the approval recommendation. “Extreme Networks has demonstrated itself as an organization where the application of ISO 9001, throughout…

FridayNov 07, 2008 11:29 am

EpiCept Corporation (EPCT) Provides Third Quarter Results

EpiCept Corporation, a specialty pharmaceutical company focused on cancer and pain treatment, has announced third quarter and year-to-date operating and financial results. Figures show a significant reduction in stated loss as the company continues its push to move products into the marketplace. EpiCept showed a 19% improvement in third quarter figures, posting a net loss of $6.2 million compared to a net loss of $7.7 million for the same quarter last year. For the nine months ending September 30, the company posted a loss of $20.0 million, compared to $22.4 million for the same period last year, a 10% improvement.…

FridayNov 07, 2008 10:38 am

Smith & Nephew plc (SNN) Expands ACTICOAT™ Line of Wound Dressings with Introduction of ACTICOAT™ Flex

Most people that have scraped their fingers, hands, or face know from experience how difficult and discomforting it can be to keep these bendable and creased areas covered with a bandage. Smith & Nephew PLC, a top medical equipment and appliance supplier, said today it is introducing a new product to address this problem, ACTICOAT™ Flex. The product will launch in Canada and should enter the US and European markets by early 2009. ACTICOAT™ Flex is a flexible wound dressing designed to help doctors prevent infection, especially in patients having wounds on their hands and faces, areas of the body…

FridayNov 07, 2008 9:42 am

The Short Report on (SSGI) Seton Securities Group, Inc.

Seton Securities Group has been shorting small-cap companies such as OpenCell BioMed, Inc. (OCBM.OB) and Tri-Star Holdings, Inc. (TSHL.PK). Today we attempted to speak directly to Seton Securities' President regarding this issue, but he declined to provide any details of the SEC ongoing investigation of the shorting of stocks and wouldn't comment on the possibility of the SEC requesting records or other information from his company or others that are continuing to short stocks. He even declined to give his full name. However, he did say they have not heard from federal investigators and have "no comment" regarding the shorting…

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