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MondayOct 06, 2008 6:54 pm

Royal Gold, Inc. (RGLD) Completes Acquisition of Royalty Portfolio from Barrick Gold Corporation

Royal Gold, Inc. (RGLD) is a precious metals royalty company engaged in the acquisition and management of precious metals royalty interests. The company’s portfolio provides investors with a unique opportunity to capture value in the precious metals sector without incurring many of the risks associated with mining operations such as capital costs, operating costs, and environmental liabilities. Royal owns a large portfolio of active, developing and exploration-style royalties located in some of the world’s most prolific gold regions. The company recently announced the closing of its acquisition of the royalty portfolio from Barrick Gold Corporation effective October 1, 2008. Consideration…

MondayOct 06, 2008 6:53 pm

Building a shopping list for the Eventual Turnaround

The Dow Jones Industrial Average closed below 10,000 today for the first time in four years. The sell-off has been particularly brutal among stocks leveraged to commodities and the global growth story, with most names down over 60% since oil peaked in July, and many hitting multi-year lows. This summer’s surge in resources was mainly fueled by the thesis that the ranks of the world’s middle class are swelling in the developing world, and that these newly affluent people will hunger for materials. If you believe that this macro long-term trend remains intact, and that the current financial crisis amounts…

MondayOct 06, 2008 4:13 pm

Hybrid Technologies, Inc. (HYBR.OB) Impresses Hollywood Celebrities with Electric-Powered Vehicles

Today, after the bell, Hybrid Technologies proudly announced that they took the spotlight at the recent, pre-Emmy Gifting Suite in Hollywood. The company’s LiV(TM) FLASH, a 100% lithium powered version of the BMW Mini Cooper, was the first electric vehicle to be featured at the event held by GBK Productions. According to the company, dazzled celebrities included Nancy Cartwright, the voice of Bart Simpson, who said, “You Dude, Go Electric!” Isaiah Washington was shocked, asking, “It’s all Electric?” Emmy-award-winning actress Jean Smart couldn’t wait to tell her son about the company’s lithium-powered vehicles. More than 50 celebrities signed the Hybrid…

MondayOct 06, 2008 3:48 pm

Quantum Fuel Systems Technologies Worldwide Inc. (QTWW) Deploys Hybrid Electric Vehicles for U.S. Military Use

Alternative energy company Quantum Fuel Systems Technologies Worldwide Inc. (Nasdaq: QTWW) announced its hybrid electric vehicle expertise will be used by the U.S. Army Tank Automotive Research Development and Engineering Center (TARDEC) for deployment at the Selfridge Air National Guard Base (SANGB). Quantum has designed, developed and shipped a new generation of hybrid electric vehicles powered by hydrogen internal combustion engines. The vehicles will be used as part of a larger project involving TARDEC joint service partners around the country. For the Army, the deployment means a shipment of vehicles designed to reduce emissions and the opportunity to verify and…

MondayOct 06, 2008 3:47 pm

IMAX Corp. (IMAX) Extends Line of Credit to Rollout Additional IMAX Theatres

IMAX Corporation (Nasdaq: IMAX) is one of the world’s leading entertainment technology companies, specializing in immersive motion picture technologies. The company has a global reach, operating 302 IMAX theatres in 40 countries. The company today announced a revolving line of credit which will enable the company to move forward with its expansion plans. The company today announced a $10-million revolving letter of credit (LC) facility with Bank of Montreal, which will replace its current $5 million LC facility with the same bank. When combined with its current $40 million credit facility, this cash injection will allow the company to launch…

MondayOct 06, 2008 3:41 pm

October 6th CEOcast Weekly Newsletter

Companies featured in the current edition of the newsletter: ACCY, CETG, CGXP, DRGP, ETGF, GSPG, HYTM, ICLK, ITUI, PFOB, PLKH, SWYV, TAGS, VYTR. It was the kind of week that sent investors running for cover as the markets first sold off after the House of Representatives initially rejected the bailout package on Monday and then sold off again after the Congress approved the revised plan on Friday. The Dow Jones Industrial Average lost 818 points for the week, increasing its year to date loss to 22.2%. The Nasdaq dropped 236 points, giving it a year to date loss of 26.6%.…

MondayOct 06, 2008 11:39 am

Liquor Group and Azzaro brings Couture to Wine

Liquor Group Wholesale, Inc, (LIQR) the publicly traded innovative wine and spirits distribution company, has been signed by Quality French Imports to represent their Azzaro Wines line in Florida. Azzaro Wines are being applauded by many as “the new era of French wines.” Third generation Languedoc -Roussillon winemaker Frédéric Roger, collaborated with Paris fashion designer, Loris Azzaro who allowed his name to be used for the brand. Roger, drawing on his long years of experience, has brought together a number of the most talented wine-producers from the most renowned appellations of the Languedoc-Roussillon region for this project. The outcome is…

MondayOct 06, 2008 11:23 am

European Countries Taking Preventative Action – Yet to Form Unified Front

In an effort to implement strategic measures that would help stave off the effects of what has become a global credit crisis, European governments began issuing deposit guarantees for banks on Monday, as stocks slid back around the world. Confidence levels are indeed at an all-time low in the wake of the scariest global financial threat in over seventy years. Even as the euro sunk to its lowest level in over a year, a unified strategy has yet to be formed, and countries seem to be dealing with the crisis on an individual level. Let us hear your thoughts below:

MondayOct 06, 2008 11:22 am

Details to be Released Regarding Rescue Fund Managers

Vowing to move swiftly, the Treasury Department is working toward naming those who will assume responsibility for the oversight of spending over $700 billion of taxpayers' money. Administration advisors intend to work with other nations to calm the global markets. Trouble from the American credit crunch has cascaded overseas, and it falls upon our leadership to return stability to the financial marketplace. With all of the fuss created by government officials over the urgency of passing their bailout package, Americans are waiting with bated breath to see some immediate action. Let us hear your thoughts below:

MondayOct 06, 2008 11:21 am

Another Crash on Wall Street

On Monday, investors seemed to take a dim view of the future to be provided by the recently passed bailout legislation. The Dow plummeted over 700 points to fall well below the 10,000 mark for the first time in four years. Fears of a crippling credit crisis threatening to spread across grobal economies have had a humbling effect, and it seems everyone has their fingers on the sell button. Notably, losses in America were mirrored in markets across the globe from Europe to Asia. Let us hear your thoughts below:

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