Blog - Page 4983 of 5434

ThursdayAug 09, 2007 7:11 pm

SEC Announces Settled Enforcement Action

The Securities and Exchange Commission (SEC) is certainly sticking to its promise on being tougher on offenders this year. This morning, the SEC announced that a settled enforcement action had been placed against MetLife subsidiary General American Life Insurance Company (GALIC) and former GALIC senior vice president William Thater for their roles in a late trading scheme back in 2002. According to the announcement, Thater entered into a written agreement that gave a New York family - no name was mentioned in the article - exclusive late trading privileges in mutual funds supporting the private placement life insurance policies this…

ThursdayAug 09, 2007 7:10 pm

Gigabeam Continues Global Expansion

Gigabeam Corporation (NASDAQ: GCBM) continues to expand globally, this time making a move to penetrate the Caribbean Market to service its primary bank network. The company’s stock price rose significantly this morning after investors had time to react to the news. During morning trading the stock price soared to its current price of $5.88, which is up 83 cents from its opening price. "We are very pleased to announce this milestone order from a large bank that is known for offering a high standard of banking services," Louis Slaughter, Chairman and Chief Executive Officer of GigaBeam, said in a statement.…

ThursdayAug 09, 2007 7:08 pm

Early Movers with Big News

Each morning, the exchanges come alive - and finding a company with news to back its movement allows MN1 to bring you updates each morning and afternoon to keep you on top of the small and micro-cap markets. The following companies released some sort of news late yesterday evening or early this morning: Biomedical technology company Biophan (OTCBB: BIPH) announced this morning it has entered into an acquisition agreement with Medtronic Inc. (NYSE: MDT) for $11 million. Per the agreement, Medtronic will acquire Biophan's MRI safety patents, such as pace makers; the deal is expected to close in the next…

ThursdayAug 09, 2007 7:07 pm

TXU Profits Fall as Buyout Looms

Most of us in Texas are enjoying the abnormally cool weather that has graced us during a period in which we are usually already looking for a way out of the summer heat box. There are, however, a few people who are happy to see that hot weather is finally approaching. For electric companies relying on consumers to crank up their air conditioners, the first few months of summer have been a disappointment. For TXU (NYSE: TXU), the unusual weather in Texas couldn't have come at a worse time, as they are on the fringe of a buyout. The company…

ThursdayAug 09, 2007 4:38 pm

Axial Vector Engine Corp. (AXVC.OB) is One to Watch as Stock Price Increases 42.86%

Axial Vector Engine is a publicly traded company that owns, develops, and licenses revolutionary internal combustion engine and electric power generator technologies for use in automotive, power generation, appliance, and military application. The company employs its patent-pending "axial flux" engine and generator set (GENSET) technologies to produce highly efficient, cost-effective, and environmentally sensitive multi-fuel engines and motors that are scalable across a wide range and that can serve in both mobile and fixed-location settings. Axial Vector Engine is currently finalizing the development and testing of its first axial flux engine and GENSET combination, and intends to begin deployment of these…

ThursdayAug 09, 2007 1:04 pm

Morning News Thursday August 9th 2007

General News: - U.S. stocks followed European markets lower after losses tied to subprime mortgages spread through credit markets, threatening earnings at banks and brokerages. - Treasuries rose, led by short- maturity notes, after European money market rates surged and the European Central Bank said it would provide unlimited funds at a below-market rate of 4 percent to avert a liquidity crisis. - First-time claims for jobless benefits rose last week to a level that still indicates strength in the labor market. - July sales at Wal-Mart Stores Inc. and J.C. Penney Co. exceeded analysts' estimates while those at apparel…

ThursdayAug 09, 2007 12:42 pm

QualityStocks.net and Jennifer Openshaw Jointly Launch “QualityStocks for Women” Newsletter

QualityStocks.net and Jennifer Openshaw are pleased to announce that the first “QualityStocks for Women” Newsletter has been published and is available at http://www.qualitystocks.net/forwomen/july2007.html The monthly newsletter will feature up to four companies and include other personal finance information. All the companies featured will be managed or owned by women who have compelling success stories. Jennifer Openshaw stated earlier, “The QualityStocks for Women newsletter will introduce readers to the great women leading our nation’s public companies and give them information to help them make smart investing and other financial decisions. I’m thrilled to be bringing this exciting, innovative product to market.”…

ThursdayAug 09, 2007 11:20 am

StockGuru Trade Alert: On the Go Technologies (ONGO) Closes Up Over 37% on Thursday – Volume Very Strong

StockGuru Trade Alert: On the Go Technologies (ONGO) Closes Up Over 37% on Thursday - Volume Very Strong View the Profile for On the Go: http://stockguru.com/profiles/ongo/index.php Disclosure: Pentony Enterprises LLC has been compensated a total of 3,209,220 restricted 144 shares of stock and $23,500. Pentony Enterprises LLC is not a registered investment adviser or broker/dealer. Pentony Enterprises LLC makes no recommendation that the purchase of securities of companies profiled in this web site are suitable or advisable for any person or that an investment in such securities will be profitable. In general, given the nature of the companies profiled and…

ThursdayAug 09, 2007 11:19 am

StockGuru Stocks to Watch for Friday, August 10, 2007 Featuring Medina International Holdings, China Wireless Communications, EastBridge Investment Group, and Lantis Laser

Medina International Holdings, Inc. (OTCBB: MIHI) Medina International Holdings, Inc. (OTCBB: MIHI) - Thursday’s shares went up 13.04% to $0.52. 90,680 shares were traded. Medina International Holdings Chief Financial Officer Rao Mankal was recently interviewed by USA Today. The interview discusses the evolution of Force Protection (NasdaqCM:FRPT - News) and the role of Mine Resistant Ambush Protected (MRAP) vehicles in saving the lives of our soldiers. Mankal was instrumental in structuring the merger that resurrected a struggling company and became a highly successful military contractor. Force Protection has received over one billion dollars in orders from the US Military to…

ThursdayAug 09, 2007 11:14 am

StockGuru Trade Alert: New StockGuru Profile Medina International Holdings (MIHI) Up as Much as 21% Thursday

StockGuru Trade Alert: New StockGuru Profile Medina International Holdings (MIHI) Up as Much as 21% Today Our New Profile MIHI is Up as Much as 21.74% Today, Based on its Intraday High So Far of $0.56. This is Up $0.10 from Yesterday’s Close of $0.46. We Just Began Coverage of MIHI Yesterday, and It’s Already Looking Very Strong, and this is Just One Day after StockGuru Profile FGWI’s Strong Performance! Current Volume of 77,180 is More than 16 Times its Three Month Average of 4,600. Medina International Holdings, Inc. (OTCBB: MIHI) View the StockGuru Profile for Medina International Holdings: http://www.stockguru.com/profiles/mihi/…

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