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SundayDec 16, 2007 4:48 pm

Retailers See Slower Holiday Growth

U.S. consumers who flocked to malls at the beginning of the holiday shopping season have since backed off, according to data released by SpendingPulse. One of the main contributing factors to such a decline was the ease of online shopping and a severe Midwest ice storm that kept consumers indoors. SpendingPulse data showed that over the first 20 days of the holiday shopping season, from November 23 to December 12, sales at apparel chains, including: Gap, Aeropostale, Abercrombie and Fitch, and Urban Outfitters, actually rose by 0.5 percent this year. However, this figure was miniscule when compared to the 5.1%…

SundayDec 16, 2007 4:46 pm

Terra Nostra Resources Corporation (TNRO.OB) to Undertake New IPO

Terra Nostra Resources Corporation (TNRO.OB) announced that the company has agreed to undertake an initial public offering of their copper joint venture. Terra plants to list this company on the Main Board of Hong Kong Stock Exchange, targeting an initial $120,000,000 tender. The anticipated date for listing on the Hong Kong Exchange is midyear 2008. Currently, the company is proceeding with the initial incorporation of Strategic Metals Ltd. ("Sino Metals"), a wholly owned subsidiary, to undertake this IPO. "This is a unique opportunity to accelerate the Company's growth on favorable terms and to seize opportunities available to us in the…

SundayDec 16, 2007 5:25 am

December 17th CEOcast Weekly Newsletter

12/16/2007 VOLUME 330 Companies featured in the current edition of the newsletter: CACN, CBMC, CHIP, CYTR, DOC, ENZ, GNBT, GSHF, HJHO, HSOA, HYTM, ILNS, MSHI, PBIO, PLKH, RVEP, SMGY, TKO, VOIC, XCR After trading in volatile fashion, the major averages finished the week noticeably lower. The Dow dropped 286 points, paring its yearly gains to 7%. Even after giving up 70 points, the technology heavy Nasdaq continued to be the best performing index with year to date gain of 9.1%. The S&P 500 declined by 37 points, trimming its year to date gain to 3.5%. The small-cap based Russell 2000…

SaturdayDec 15, 2007 12:54 pm

Standard & Poor's Initiates Factual Stock Report Coverage on Gran Tierra Energy Inc. (GTRE.OB)

Standard & Poor has announced that they will commence Factual Stock Report coverage for Gran Tierra Energy Inc (GTRE.OB) Gran Tierra Energy Inc. (GTRE.OB) is a leading oil / gas exploration and production company. Currently, the company has significant operations in Argentina, Colombia and Peru. On November 20, 2007, Gran Tierra Energy announced that the company has doubled oil production in two new fields. As a result, the company stated that their net income, after royalty production, will rise drastically over the next 12 months. Standard & Poor's service provides factual research coverage to a wide variety of investors, stock…

SaturdayDec 15, 2007 12:54 pm

Standard & Poor’s Initiates Factual Stock Report Coverage on Gran Tierra Energy Inc. (GTRE.OB)

SaturdayDec 15, 2007 12:51 pm

Equity Media Holdings Corp. (EMDA) Subsidiary Announces New Affiliate

Retro Television Network, a wholly owned Equity Media Holdings Corporation (EMDA) subsidiary, announced that Retro Television is to partner with Holston Valley Broadcasting Corporation. Under the terms of this agreement, both companies will form an affiliate contract; thus, Holston will begin airing RTN programming on December 21. Mark Dvornik, Executive Vice President, stated, "RTN will be available to viewers on both analog and digital starting next week. We are excited to bring our 'Primetime All the Time' lineup to the local viewers." George DeVault, President of Holston, added, "WKPT-TV is so pleased to be able to air again some of…

SaturdayDec 15, 2007 12:50 pm

Pizza Inn, Inc. (PZZI) Names Charlie Morrison as President and CEO

Pizza Inn, Inc (PZZI) has announced the appointment of Charlie Morrison as the company's new President and CEO. Morrison has been serving as the company's Interim President and CEO and Chief Financial Officer since August 15, 2007. Prior to joining Pizza Inn, Morrison served as the President for Stake and Ale, owned by Tavern Restaurants. Prior to this employment, Charlie served as the Vice President of Finance for Kinko's, Inc. Mark Schwarz, Chairman of the Board, stated, "Over the last several months, Charlie has clearly demonstrated his ability to lead the Pizza Inn brand. By continuing to work closely with…

SaturdayDec 15, 2007 9:00 am

Wake Up & Smell the Panini – Spicy Pickle, Inc (SPKL.OB) Evolves

The plan became a reality for Spicy Pickle (OTCBB: SPKL) yesterday, when the company closed a financing deal that should allow them to start opening several corporate-owned stores. These stores will be in addition to the franchised stores already popping up left and right (with more on the way). The impact for shareholders is straight-forward - owning their own restaurants means the company has much better top and bottom line potential. Details of the deal are simple enough - the company raised a net of about $5.7 million by selling a combination of convertible preferred shares and common stock warrants. The…

SaturdayDec 15, 2007 9:00 am

Wake Up & Smell the Panini – Spicy Pickle, Inc (SPKL.OB) Evolves

FridayDec 14, 2007 3:46 pm

China Voice Holding Corp. (CHVC.PK) Subsidiary Receives $6.5 Million Budget

China Voice Holding Corp. announced today that its Chinese subsidiary, Beijing CandidSoft Technology Co. Ltd. has been given a $6.5 million initial budget for its SKY O/A private branded licenses through June of next year. The Company recently announced the signing ceremony with CNC of Guang Xi Province. The CEO & President of China Voice Holding stated, “CNC has budgeted up to $500,000 for the remainder of 2007, and up to an additional $6,000,000 through June, 2008 for SKY O/A software licenses. SKY O/A will be private-labeled under the 'CNC Service' brand as an enhanced service offering called 'ICT Business'.…

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Retailers See Slower Holiday Growth

Terra Nostra Resources Corporation (TNRO.OB) to Undertake New IPO

December 17th CEOcast Weekly Newsletter

Standard & Poor's Initiates Factual Stock Report Coverage on Gran Tierra Energy Inc. (GTRE.OB)

Standard & Poor’s Initiates Factual Stock Report Coverage on Gran Tierra Energy Inc. (GTRE.OB)

Equity Media Holdings Corp. (EMDA) Subsidiary Announces New Affiliate

Pizza Inn, Inc. (PZZI) Names Charlie Morrison as President and CEO

Wake Up & Smell the Panini – Spicy Pickle, Inc (SPKL.OB) Evolves

Wake Up & Smell the Panini – Spicy Pickle, Inc (SPKL.OB) Evolves

China Voice Holding Corp. (CHVC.PK) Subsidiary Receives $6.5 Million Budget

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