Blog - Page 4950 of 5384

WednesdayAug 01, 2007 7:44 pm

Where Will We Go?

Cyclical events have a propensity to happen in economics, and these reoccurring events sometimes come in the form of the silver lining behind that dark cloud. As the U.S. dollar continues its troubling ways while it inches closer to its fifth consecutive year of decline, it has helped close the trade deficit while increasing U.S. exports that have seamed to be so minimal over the years. The U.S. dollar is inversely correlated to precious metals, especially gold. Overall, the gold price has risen against the dollar. The International Monetary Fund, headquartered in Washington DC, recently admitted their belief that the…

WednesdayAug 01, 2007 7:27 pm

Don’t Edit Me Out: The Truth Will Set You Free

Movie directors have the final say on how something is shot and what scenes audiences will see; even the overall story behind the movie is framed through the director's eyes. The vision behind this craftsmanship is what draws you in; it is how the content is shifted in order to provide more action, more drama, and more laughter all in an effort to provide entertainment that captures your attention. Shows like the Real World on MTV have the ability to bring viewers distorted reality TV. Episodes consist of fights, sexuality, and fun in order to draw audiences into the type…

WednesdayAug 01, 2007 7:24 pm

Appliance Recycling Spikes on Q2 News

Appliance Recycling Centers of America Inc. (Nasdaq: ARCI) suddenly spiked this afternoon, climbing 40.24 percent after a brief halt at noon, CDT. The source of the spike seems to be the second quarter 2007 financial results the company reported this afternoon. According to the company's financials, ARCI's sales for the second quarter of 2007 totaled $22,582,000, a promising 18 percent increase over the previous year's sales figures of $19,161,000. The company also reported 16 percent increase in total retail sales, while the recycling revenues for the second quarter jumped 33 percent to $3,353,000. Appliance Recycling President and CEO Edward Cameron…

WednesdayAug 01, 2007 7:02 pm

Internet and Mobile Groups Gaining Ground

A huge blow was handed out yesterday to communication companies, while mobile handset and Internet companies were provided with the victory they needed to help carry them through the upcoming years. U.S. regulators voted to free up some of the wireless spectrum to all customers for use in the devices and mobile applications of their choice. This will allow customers to use an Apple Iphone on a different network provider than AT&T. Mobile handset companies will be able to restructure their plans and put them in place to generate increased revenues. As more people will be able to buy any…

WednesdayAug 01, 2007 6:59 pm

UGHO Closes American Offices, Halves Stocks

Share prices for Universal Guardian Holdings Inc. (OTCBB: UGHO) plummeted like a stone this morning, dropping 60 percent after the company released its 8-K form, surprising investors and employees alike with the information inside. The drop stems from the announcement that Universal Holdings has decided to close its U.S.-based operations "in order to focus on growth and profitability within the Services Group." Please share your thoughts: MN1 Message Board"The Services Group has been and continues to be the principal source of the company's revenues," the form read. "The suspension of operations eliminates significant overhead costs, thereby allowing the company to…

WednesdayAug 01, 2007 6:51 pm

CBS Realizes Changing Times After Recent Quarterly Declines

More and more companies throughout the world are shifting the way they traditionally do business in order to become more digital and Internet based. Advertising and marketing have become easier through the Internet as businesses can now reach millions of people daily. Yesterday CBS Corp. (NYSE: CBS), the media group that runs the most popular U.S. TV network, reported a sharp decline in its quarterly net earnings from a year ago. Second quarter net earnings of $404 million were down dramatically compared to last year's second quarter earnings of $781.7 million, which is down 48 percent. Although profits from continuing…

WednesdayAug 01, 2007 6:50 pm

IOMI Puts Patch on Traveler’s Woes

IOMI Puts Patch on Traveler's Woes « H E » MN1 Exclusive :: email posted Wednesday, 1 August 2007 Andrew Weinman MN1 Staff WriterNot every morning on the market starts with the top movers or the top earners. Sometimes it starts at the bottom. Take one of this morning's quickest movers on the Nasdaq. The Iomai Corporation (NASDAQ: IOMI) announced today that its patch-based vaccine for enterotoxigenic E. coli bacteria "conferred statistically significant protection" from traveler's diarrhea, sending Iomai share prices up 10 percent after market open. Despite the somewhat humorous nature of the disease behind Iomai's latest news, ETEC…

WednesdayAug 01, 2007 6:46 pm

Novavax Begins Test on New Vaccine Technology

Share prices for biotech vaccine developer Novavax Inc. (NASDAQ: NVAX) climbed a respectable 8 percent over the course of the day yesterday, thanks to the news that the company has started the first human clinical trial of its vaccine for the pandemic flu virus. According to the latest statement from the company, Novavax has begun vaccinating 230 healthy human volunteers for the trial of its Virus-Like Particle (VLP)-based H5N1 clade 2 pandemic influenza vaccine to determine both the safety and immunogenicity - that is, the ability of any particular substance in a biological system to provoke an immune response -…

WednesdayAug 01, 2007 3:57 pm

Aladdin Beverage (ADTJ.PK) Shares Rise 50% as Investors React to the Company’s Latest News

Earlier this week, Aladdin Beverage announced that it had been selected to exclusively import Kross Beer, Chile's fastest-growing premium beer. Today shares rose to 9 cents for a 50% increase from Tuesday’s lows. The company built its reputation by importing unique beers and brews to America, capitalizing on increasing interest for specialty beers in the U.S. Aladdin also imports the Argentinean-based Antares label, the Devassa brand of beers from Brazil, and the Macau brand of beer from Macau, China. Ted O'Connor, President of Aladdin Beverage, expressed his excitement by stating in the press release, “We are so pleased to be able…

WednesdayAug 01, 2007 1:36 pm

Morning News Wednesday August 1st 2007

General News: Labor data points · Challenger layoffs were 42,897 in July vs. 37,718 a year ago. · July hiring intentions were 200,067. Government accounted for 193,329 of the increase. · July Hudson employment index was 105.8 vs. 101.2. This is strong. · ADP shows 48,000 jobs. 100K was expected. Breakdown: o Small business up 44,000 o Medium business up 17,000 o Large business down 13,000 o Goods sector down 41,000 o Service jobs up 89,000 o Manufacturing down 23,000 Asia/Europe: Asia: - Asian stocks slumped, extending a global equities rout, after Macquarie Bank Ltd. and Bear Stearns…

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