Blog - Page 4316 of 5576

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:

MondayOct 06, 2008 11:12 am

Red Chip Featured Company: Celsius Holdings, Inc. (CSUH.OB)

Celsius Holdings, Inc. (CSUH.OB) is a company focused on producing, distributing, and marketing its functional beverages. The company’s first subsidiary, Celsius Inc., develops and markets its beverages into the soft drink market. The company’s second subsidiary, Celsius Netshipments, Inc., focuses on distributing the beverages over the Internet. The company actually contracts the production of the beverages to concentrate suppliers. Through a reverse merger in January 2007, Celsius acquired the operating business of Elite FX, Inc. Celsius is a calorie-burning soda that has become Elite’s first commercially distributed product. The beverage is currently available in five flavors: ginger ale, lemon/lime, orange,…

MondayOct 06, 2008 11:05 am

Red Chip Featured Company: Colorado Goldfields, Inc. (CGFI.OB)

Colorado Goldfields, Inc. (CGFI.OB) is a new player in the mining field focused on the exploration and retrieval of gold and silver in the state of Colorado. The company is targeting its efforts on three historically proven mines that only require minor rehabilitation to achieve full-scale production sites. CGFI has obtained an 80% interest at the Gold King, Mayflower, and Mogul mines located in San Juan County, Colorado. All three mining properties are located within a 9-mile radius of the Pride of the West Mill, which consists of 120 acres of private land, an office building, a laboratory building, water…

MondayOct 06, 2008 9:09 am

RXi Pharmaceuticals Corp. (RXII) to Webcast Investor Event

RXi Pharmaceuticals Corp. (NASDAQ:RXII) is a discovery-stage biopharmaceutical company. The company is pursuing the development and commercialization of proprietary therapeutics based on RNA interference (RNAi) for the treatment of human diseases. RXi Pharma intends to put their initial focus on the treatment of neurological and metabolic diseases and cancer. RNAi is a naturally-occurring mechanism for the regulation of gene expression that has the potential to be harnessed to selectively inhibit certain genes that lead to disease. Rxi Pharma was founded by world-leading researchers in the field of RNAi. Most notably, this includes Dr. Craig Mello, recipient of the 2006 Nobel…

MondayOct 06, 2008 8:09 am

Superlattice Power, Inc. (SLAT.OB) Files Patent For New Advanced Cathode Materials Production Process

Superlattice Power, Inc. (SLAT.OB), the North Carolina-based lithium battery developer, recently completed the filing of a patent for a proprietary chemical process used in industrial-scale production of new, high-purity nano cathode materials. The new materials are key to the development of the company’s advanced lithium ion polymer battery for use in high-range electric vehicles. The new battery increases electric vehicle range to approximately 200 miles, a major improvement over existing batteries, and promises to significantly enhance the marketability of electric cars. Industrial scale production of the material is essential, and has been aggressively pursued by Superlattice. Superlattice has successfully produced…

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