Blog - Page 4795 of 5592

TuesdayFeb 19, 2008 6:34 pm

Burlington Northern Santa Fe Corp (BNI) Announces Acquisition of Diversified Freight Logistics; Declares Quarterly Dividend

Burlington Northern Santa Fe Corporation (BNI) and its subsidiary BNSF Railway Company operates one of the largest North American rail networks with about 32,000 route miles in 28 states and two Canadian provinces. BNSF Logistics, LLC, an indirect wholly-owned subsidiary of Burlington Northern, provides for customers with a set of supply chain solutions ranging from management and execution of single shipment transactions to daily management of complex distribution and sourcing networks. BNSF Logistics recently announced that it has acquired Diversified Freight Logistics, Inc. and Royal Cargo Line (together known as “DFL”) of Grapevine, Texas. DFL is an international freight management…

TuesdayFeb 19, 2008 4:16 pm

Emeril Lagasse Acquisition Trumps Disappointing Earnings for Martha Stewart Living Omnimedia, Inc. (MSO), Boosting Shares 17%

Despite disappointing quarterly results, shares of Martha Stewart Living Omnimedia, Inc. (MSO) jumped 17% to close at $7.19 Tuesday after the company reached an agreement to purchase all non-restaurant assets related to the business of Emeril Lagasse. The Emeril Lagasse franchise, including television programming, cookbooks, and kitchen and food products was purchased for $45 million in cash and $5 million in stock. The transaction is expected to close in the second quarter. In 2007, the business to be acquired generated approximately $14 million in cash-basis revenue. Martha Stewart Living Omnimedia did not purchase rights to Lagasse’s 11 restaurants or his…

TuesdayFeb 19, 2008 4:13 pm

Watching Goldman Sachs

There are many ways to watch the markets. There are many methods and indicators traders and investors use to gauge where the markets might be going, some technical and statistical measures, others more intuitive, and some that are a combination of both. Some of these are in depth, highly sophisticated and complex, while others are not so much. One indicator of the broader markets that gives professionals a feel for the direction of things is monitoring investment banking and brokerage stocks. The reasons for this are simple: when the markets are robust, investors and traders flush with cash pour more…

TuesdayFeb 19, 2008 2:42 pm

February 19th CEOcast Weekly Newsletter

The major indices ended the week higher after each dropped more than 4.0% the previous week. The Dow Jones industrial average went up by 166 points, paring its year to date loss to 6.9%. The Standard & Poor's 500 Index gained 19 points, reducing its year to date loss to 8.1%. The Nasdaq Composite Index recorded a modest gain of 17 points, cutting its year to date loss to 12.5%. The Russell 2000 gained 3 points, lowering its year to date loss to 8.4%. For the week, the S&P 500 and the Dow both added 1.4 percent. The Nasdaq climbed…

TuesdayFeb 19, 2008 1:45 pm

Mvive, Inc. (MVIV.PK) Announces the Creation of Two New Commercials

Mvive announced today after the bell that it has developed two new commercials that show the enormous power and positive attributes of marketing via mobile communications as well as the effectiveness it carries in building a company’s brand and reaching a larger client base. The commercials are available for on-demand viewing at the company website: www.mvive.com The President and CEO of the Company, Mr. Roy Choi, stated, “In anticipation of our imminent commercial launch, we are very pleased to have created two new commercials which we feel are another dynamic difference between Mvive and others looking to get into the mobile…

TuesdayFeb 19, 2008 1:37 pm

Natural Harmony Foods, Inc. (NHYF.PK) Expects 2008 to Be a Better Year

Natural Harmony Foods, Inc. announced on Friday that the company has almost completed a three month due diligence and corporate clean-up process in order to prepare the company for new financing opportunities and to become a fully-reported public company. In a newsletter dated earlier this year the company mentioned that lack of funding continues to impede their advancements. Once the due diligence and corporate "clean-up" process is completed, the company will begin to prepare the documentation necessary to secure new financings. The company has reviewed several different financing alternatives and has decided that using a convertible debenture with certain rights…

TuesdayFeb 19, 2008 1:34 pm

RedChip Covering of Pressure BioSciences Inc. (PBIO) Now Available for Online Viewing

Pressure BioSciences Inc.’s (Nasdaq:PBIO) February 2008 IPTV interview with RedChip Visibility is now available at http://www.visualwebcaster.com/Redchipfeb2008/. PressureBiosciences is one of 32 small-cap companies presented at RedChip Companies' Small-Cap Investor Conference in Scottsdale, Ariz, earlier this month. RedChip, an international small-cap research and financial public relations firm, covered companies in a wide range of sectors, such as technology, energy, consumer goods, healthcare, commodities, renewable energy and more. The RedChip mission is to expose small-cap companies that meet specific criteria (effective management, mass appeal, growing sales, improving margins and profitability or near-term profitability) before they hit mainstream Wall Street. PressureBiosciences made the…

TuesdayFeb 19, 2008 1:12 pm

Victory Energy Corporation (VYEY.OB) Releases Results of Preliminary Adams-Baggett Canyon Gas Well

The latest of a string of updates from Victor Energy Corporation was released today giving shareholders some details on the first completed well in Adams-Baggett Canyon Sandstone gas field in Crockett County, Texas. The press release announced excellent early completion results. The work-over unit crew reports the well has excellent backside pressure of 500 PSI and productive tubing pressure of 300 PSI after preliminary swabs were pulled from the well. The tubing pressure buildup overnight provides strong indications the well is commercially productive in the average range of Canyon Sandstone gas wells whose initial production is 250,000 cubic feet of…

TuesdayFeb 19, 2008 12:59 pm

GoFish Corp. (GOFH.OB) Launches Online Advertising Network Focused on Youth Entertainment

GoFish Corporation (GOFH.OB) is helping marketers reel in the big one – the elusive phenomenon known as a child’s devoted attention – by launching an online advertising network focused exclusively on youth entertainment. Building on its experience in online video and entertainment, GoFish’s new media distribution network seeks to capture the interest of 6 to 17 year-olds. GoFish Network will distribute broadband content across its network, generating additional branded inventory that supports all forms of online advertising, including rich media and video. San Francisco-based GoFish Network reaches over 62 million unique users per month worldwide, placing its audience reach just…

TuesdayFeb 19, 2008 12:56 pm

Royal Quantum Group, Inc. (RYQG.OB) is “One to Watch”

Royal Quantum Group is committed to acquiring, exploring and developing resource properties found in favorable geological and political environments. A highly skilled management team runs the company and has a successful track record. Royal Quantum believes that the demand and prices for oil & gas (including base and precious metals) will continue their upward climb and is dedicated to creating value for its shareholders by developing a portfolio of properties with the objective of advancing them towards profitability. In recent news. the company announced that it acquired an option to purchase a 6,000 acre Oil & Gas property worth $516.6…

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