Blog - Page 4440 of 5441

TuesdayMay 13, 2008 1:08 pm

Tribune Company (TRB) Rejects Offer for Wrigley

Tribune Co. (TRB) rejected the latest proposal from the Illinois Sports Facilities Authority to acquire Wrigley Field, saying that the new undisclosed offer was not workable from a team standpoint. "Any transaction transferring ownership of Wrigley Field to the public must satisfy the interests of Tribune, the Cubs and the public. While we appreciate the creativity of the latest ISFA proposal, it does not work from Tribune's or the Cubs' perspective,'' said Crane Kenney, Cubs Chairman. "We'll continue working with the city and state and at the same time begin the private process to explore interest in the team, stadium…

TuesdayMay 13, 2008 1:03 pm

Wyndham Worldwide Corp. (WYN) to Expand in Canada

Wyndham Worldwide Corp. (WYN) today announced an agreement for the development of 17 Ramada hotels throughout Eastern Canada during the next 10 years. Days Hospitality, which currently owns and operates three Ramada hotels in Calgary, Prince George, and Vancouver, will develop and operate the new hotels in the provinces of Ontario, Newfoundland, New Brunswick, Nova Scotia and Prince Edward Island. Scott McPhail, Days Hospitality chief operating officer, said his company chose the Ramada brand because it is "positioned as a global leader in midmarket lodging and emphasizes the importance of service, product quality and high standards." In addition, Days Hospitality…

TuesdayMay 13, 2008 1:01 pm

Buyer Group International, Inc. (BYRG.PK) Announces Move to the NASDAQ OTC BB

On the heels of completing their two year audit with the Public Company Accounting Oversight Board (PCAOB), Buyer Group International is planning to submit their registration statement to the Securities and Exchange Commission this week to become a fully reporting company. By becoming a fully reporting company, the company believes it will have the ability to continue raising capital to execute its strategy of acquiring real estate and real estate-related companies in need of financial relief. Buyer Group International is a real estate investment company committed to residential property investment for the average investor. Through strategic partnerships, they aim to…

TuesdayMay 13, 2008 11:57 am

Capstone Turbine Corp. (CPST) Reports Company’s Largest Sale of Micro Turbines to New Zealand Electric Bus Company

Solutions to a particular problem don’t always need to be researched. Sometimes they have been in use for quite some time, but not taken advantage of. Eventually, these products are found and put to great use. When they are, profit potential is usually right behind. Capstone Turbine Corporation, a micro turbine manufacturer, works to offer micro turbine electrical generator solutions to a wide variety of customers. City centers, remote locations, supermarkets, office buildings and transportation all have energy needs that can take advantage of this company’s products and services. Perhaps the largest advantage that the company’s products offer is their…

TuesdayMay 13, 2008 11:47 am

Global Roaming Distribution Inc. (GRDB.OB) – Taking Advantage of Industry Partnerships to Provide the Best Service Possible

Global Roaming Distribution Incorporated is doing its best to change the way people make international long distance calls. The new revolution is available to consumers because GRDB is offering international global SIM cards for use in all seven continents at an extremely competitive price. International global SIM cards can be added to any unlocked cellular phone that operates on a GSM network and can save travelers up to 90% on international calls. This massive savings wouldn’t be possible if it wasn’t for Global Roaming Distribution’s massive network of partners. It all starts off with the local service operators. These operators…

TuesdayMay 13, 2008 11:18 am

Angstrom Microsystems, Inc. (AGMS.OB) Provides High Performance Computing Solutions to Environmentally Conscious Customers

Angstrom Microsystems (AGMS.OB) provides Linux based products to customers demanding high computational power. The company designs, engineers, and manufactures the high performance solutions needed by computation intensive industries such as computer rendering, health and science, high tech, Wall Street, oil/gas, biotechnology and many others. Its customers include Pixar, Conoco Phillips, and Akami. To differentiate itself from competitors, Angstrom has positioned itself as an environmentally friendly solution provider. To generate the high levels of computational power needed, Angstrom’s customers typically purchase multiple servers employing multiple parallel microprocessors. The multiple server/processor design causes a problem- it generates large amounts of heat. The…

TuesdayMay 13, 2008 11:15 am

Proginet Corp. (PRGF.OB) Signs Reseller Agreement with Major Government Contractor

Proginet Corp, a leading developer of enterprise software for advanced managed file transfer and security applications, has signed a new partnership agreement with Intelligent Decisions, Inc., a leading systems integrator and IT solution provider to the federal government. This partnership will allow Intelligent Decisions to market CyberFusion Integration Suite™, Proginet's flagship solution for advanced managed file transfer to its customer base. Intelligent Designs is an approved government contractor and does business with commercial enterprises and many of the largest federal agencies within the U.S. government. According to Proginet, CyberFusion Integration Suite™ is the world's most advanced managed file transfer solution.…

TuesdayMay 13, 2008 10:02 am

OTCPicks Featured Company: Innolife Pharma, Inc. (INNP.PK) Updates Progress on Potential Joint Partnership

For the past eight months, Innolife Pharma, Inc. (OTC: INNP) has been active in conversations regarding the formation of a joint venture partnership. The company is now writing the final terms that have been submitted on all key issues. This could very well lead to the company's first product acquisition, and through this intense period of establishing a joint venture the company is hopeful more progress will come in the near future. On Monday the company saw a rise of 252.94% in their stock. There are two main areas that management is watching closely. One is the awarding of valuable…

TuesdayMay 13, 2008 9:53 am

Intelligentias (ITLI.OB) is Led by an Experienced, Well Connected Management Team

Intelligentias, Inc. (ITLI.OB) is a data retention solutions company that has developed the only purpose-built solution for the communications industry. As Europe is the first region to mandate data retention with clear timetable guidelines and non-compliance penalties, so the company’s offices in Rome and London provide team members with a strong base to support its clients. With its international dealings, Intelligentias has developed a strong management team to steer the company. Chairman and CEO Ian Rice has business relationships with individuals in Australia, Africa, the U.S., and Europe. These relationships have developed over his 25 years of experience in the…

TuesdayMay 13, 2008 8:36 am

SkyPostal Networks Inc. (SKPN.OB) Provides High Level of Service throughout Latin American and the Caribbean

SkyPostal Networks Inc. (SPKN.OB) is an international mail company that specializes in providing hand delivery of mail and periodicals into Latin America and The Caribbean (LAC). SkyPostal is the largest private mail network in Latin America and handles over 25 million pieces of mail per month. National postal services from Europe to LAC are historically unreliable. These national services take at least 17 days for items to be delivered. Also, 30 percent of all mail into some countries in the region does not make it to its destination. The transit time and loss rate utilizing this method is a key…

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