Blog - Page 4268 of 5383

FridayJul 18, 2008 11:27 am

Teva Pharmaceutical Industries Ltd. (TEVA) To Acquire Barr Pharmaceuticals Inc. (BRL)

In breaking news, two major pharmaceutical companies - Teva Pharmaceutical Industries and Barr Pharmaceuticals - announced that they have signed a definitive agreement under which Teva will acquire Barr for a total of $7.46 billion. In addition to the purchase of all shares of Barr stock at the price of $66.50 each, Teva will also assume $1.5 billion in net debt from Barr. Under the terms of the agreement, each share of Barr common stock will be converted into $39.90 in cash and 0.6272 Teva ADRs and is expected to close in late 2008. The combined company will be the…

FridayJul 18, 2008 10:10 am

eDOORWAYS, Corp. (EDWY.PK) is Based on a Solid Business Model

For anyone searching out the next network-solution company to help them connect with businesses and consumers, one need not look any further than eDOORWAYS, Corp. (OTCBB: EDWY.PK), which has positioned itself to fulfill the gap. eDOORWAYS is a revolutionary business dedicated to serving consumers’ social networking needs by integrating advanced search technologies to create a completely new brand, solving lifestyle problems for consumers, and helping drive traffic through the physical and virtual doorways of goods and service providers. The company creates an immediate solutions network that enables local businesses to connect with consumers in need of immediate answers, goods or…

FridayJul 18, 2008 10:03 am

Beacon Power Corp. (BCON) Awarded Approval to Initiate Development of 20MW Regulation Plant

Beacon Power Corp.’s (Nasdaq: BCON) primary business strategy is to commercialize its patented flywheel energy-storage technology to perform frequency regulation services on the grid through design and development to provide advanced products and services for grid operation. The company’s SmartEnergy Matrix is designed to be a non-polluting, megawatt-level solution to provide frequency regulation services. The company today announced that the planning board in Stephentown, New York voted to issue a Special Use Permit for the company's planned 20-megawatt frequency regulation plant. The decision is the final approval needed to open the site for the new plant. Bill Capp, Beacon Power…

FridayJul 18, 2008 10:00 am

VeriChip Corp. (CHIP) Sheds Subsidiary, Will use Proceeds to Retire Outstanding Debt

VeriChip Corp. (Nasdaq: CHIP) develops and markets radio frequency identification devices (RFID) to identify, locate and protect people and assets. The company’s implantable microchips have gained popularity as a revolutionary way to track and protect children, elderly persons in need of supervision, and more. Its VeriMed Health Link system was cleared by the U.S. Food and Drug Administration to rapidly and accurately identify people who arrive in an emergency room and are unable to communicate who they are, as well as patients with special needs and more. The company today announced the completion of the sale of its wholly-owned Canadian…

FridayJul 18, 2008 9:55 am

ON Semiconductor Corporation (ONNN) to Acquire Catalyst Semiconductor, Inc. (CATS)

In a press release on Thursday (July 17th), ON Semiconductor Corporation ("OSC") officially announced its intent to acquire Catalyst Semiconductor, Inc. in an all-stock transaction with an equity value of around $115 million. Investors are to receive exactly 0.706 shares of OSC common stock for each of their existing shares of Catalyst Semiconductor, Inc. The merger is expected to strengthen both companies, as iterated by OSC's CEO, Keith Jackson in this statement: "Catalyst Semiconductor's analog and mixed-signal business represented more than $11 million in sales as of their April 2008 fiscal year end - a business that grew more than…

FridayJul 18, 2008 9:53 am

Fannie Mae (FNM) and Freddie Mac (FRE) – Crisis Averted?

The past week has been simply brimming with new developments in the national mortgage crisis. On Sunday, industry giants Fannie Mae and Freddie Mac received clearance from the government to tap into the Federal Reserve's discount lending window, a necessary measure for which few had ever anticipated the need. However, with the bottom having fallen out of the housing market, both government-sponsored entities were found to require immediate aid. Over the course of the week the action seemed, at least temporarily, to quell the potential for total meltdown. While many are opposed to government bailouts, the ramifications of allowing the…

FridayJul 18, 2008 8:00 am

MedeFile International, Inc. (MDFI.OB) Publicizes Memberships through API Marketing’s Retail Outlets

MedeFile International, Inc. (MDFI.OB) is pleased to announce that it recently signed an exclusive agreement with API Marketing and Advertising Company to market MedeFile memberships at more than 100,000 retail outlets located in the Continental U.S., Hawaii, and Canada. API, based in South Florida, has been in business for over 20 years. President and CEO Alex Papas recognized early on that almost 90 percent of all gas stations and convenience stores are independently owned. Since its inception, Papas and his team of over 500 independent sales representatives have built strong business relationships with gas stations, bodegas, convenience stores, independent pharmacies,…

FridayJul 18, 2008 7:36 am

Entercom Communications Corp. (ETM) Brings Aboard Michael Felger and Rob Bradford to Join WEEI.com

Entercom Communications Corp. (ETM), based in Boston, Massachusetts, is a radio broadcasting company with a nationwide portfolio of 110 stations in 23 markets. Though its radio stations are concentrated on the East coast, from Massachusetts to Florida, the company has markets in the Central (Illinois, Wisconsin and Kansas), Midwest (Texas, Colorado), and West Coast (California, Oregon and Washington) regions of the United States. Entercom, home to some of radio’s most compelling personalities, is also the radio broadcast partner of the Boston Red Sox, Boston Celtics, Kansas City Royals, New Orleans Saints and Buffalo Sabres. Entercom Boston announced this week that…

FridayJul 18, 2008 7:30 am

Baseline Oil & Gas Corp. (BOGA.OB) Adjusts 2008 Capital Drilling Expenditures to Maximize Profit Potential at Texas Acreage

Oil exploration and development companies are in a heck of a bind these days. Their dilemma is where to spend capital in order to get the most oil and gas out of the ground as fast as possible. Wells are being drilled and oil found in small respectable amounts, generating solid revenues for 100-150 bpd producing wells, but nearby well opportunities also exist, as do other lease options for that same company. Capital costs can only go so far when there are many possible profitable wells to be drilled, dictating the need for a well-managed capital plan. Finding a successful…

FridayJul 18, 2008 6:26 am

Electronic Game Card Inc. (EGMI.OB) is Granted Two Additional International Patents for Game Card Platform, Begins New Pre-school Educational Project

Sometimes, technological change gets moving so fast that new applications for a technology get passed by in the haste of offering the “next big thing.” It really doesn’t matter what technology it is, other than it is the next evolutionary step. In-between those “next big thing” steps, however, are little segments of that technology that get ignored in favor of the next large-scale score. An investor that can find a company working a step or two behind the advancing technology to exploit it fully is the investor that may profit. Electronic Game Card Inc., an electronic game software developer and…

Site Search

Company Search