Blog - Page 5213 of 5520

MondayJun 04, 2007 4:04 pm

American Idol Owner Faces Class-Action Suit over $1.3 Billion Buyout

After a highly anticipated, tearful finale of another round of America Idol, CKX (Nasdaq: CKXE), the company that owns American Idol and the licensing rights to the name and images of Muhammad Ali and Elvis Presley, announced that CKX Chairman and CEO Robert F.X. Sillerman and Idol creator Simon Fuller will take the company private. The decision isn't sitting well with at least one shareholder, who is suing CKX in the New York Supreme Court.Sillerman and Fuller made a proposal to the company's board of directors last week, offering to buy the company's outstanding stock for $13.75 a share in…

MondayJun 04, 2007 3:54 pm

Hemis Corporation-One to Watch

Hemis Corporation, HMSO together with its subsidiaries, engages in the exploration and development of mineral properties in Mexico. It primarily explores for gold. The company holds interests in three mineral properties. These include Santa Rita property, which is located in the Sierra Madre Oriental in Zacatecas, Mexico; and El Tigre property and Porvenir property, which are located in the south-eastern Sonora, Mexico. The Santa Rita property contains 22,982 hectares of land; El Tigre property has an area of 30 hectares; and Porvenir property has an area of 83 hectares. Hemis Corporation was founded in 2005 and is headquartered in Las…

MondayJun 04, 2007 3:16 pm

Shares of QuoteMedia Inc. (QMCI.OB) Advanced Up 16.98 Percent Monday on Solid Volume of 76k Shares Traded

Shares of QuoteMedia Inc. (QMCI.OB) advanced Up 16.98 percent Monday, on solid volume of 76k shares traded. QuoteMedia's stock market feeds, news feed services, and financial software applications comprise a proprietary suite of custom technologies. These product offerings combine power and depth of information, with efficiencey and speed, to deliver high quality content to signature clients around the world. QuoteMedia's clients include such firms as NASDAQ Stock Exchange, Dow Jones, and Forbes.com Let us hear your thoughts below:

MondayJun 04, 2007 2:46 pm

Hyperdynamics (AMEX: HDY) Severs History with USOil

Share prices for Hyperdynamics Corporation (AMEX: HDY) skyrocketed just over 14 percent today after the company announced that its wholly owned subsidiary, SCS Corporation, has "realized a positive disposition of its lawsuit" against petroleum-marketing firm USOil Corporation.The case, which was filed on July 25, 2005, was dropped after USOil made admissions before the court regarding the old - and now defunct - 2002 Production Sharing Agreement. According to the press release, these admissions "effectively sever any and all ties Hyperdynamics once had with USOil in conjunction with the old agreement that Hyperdynamics once operated under for oil and gas exploration…

MondayJun 04, 2007 2:46 pm

Top Closers with Big News

Every public company loves to put out good news and see the reflection in its stock price. The following three companies released positive news of some kind today or late yesterday and then watched as their stock prices closed very strong.Shares of Law Enforcement Associates Corp. (Amex: AID) closed up 14 cents (25 percent) to 69 cents per share on volume of 37,300. The company received orders for more than 60 of its new covert tracking system from 28 domestic law enforcement and intelligence agencies. Total value of the orders, which have been received during the past several months, is…

MondayJun 04, 2007 2:46 pm

Stocks Rise as Doral (DRL) Considers Dual Proposals

Stocks for the Doral Financial Corp. (NYSE: DRL) skyrocketed over 40 percent today after the company received a proposal from the FBOP Corporation to purchase $610 million of Doral's stock at approximately $1.41 a share, for an 80 percent ownership interest in the company.According to the company's latest press release, this isn't the first proposal the company has received this month. On May 16, 2007, Doral entered into a Stock Purchase Agreement with Doral Holdings Delaware LLC, a newly formed entity in which Bear Stearns Merchant Banks will invest, along with other investors. In the press release, Doral stated that…

MondayJun 04, 2007 2:46 pm

Seeing the Light for Mammography

Non-invasive testing is the buzzword in promoting breast tissue examinations. It really makes sense, and the concept is so simple, it soothes concern for all involved. As technology increases, taboo subjects find logical cures. Breast cancer affects 200,000 U.S. women per year, but that really doesn't scratch the surface for the other 800,000 who had unending weeks of waiting and concern using today's methods. Seventy to 80 percent of biopsies turn out to have been negative or unnecessary. One company has a noble approach, and an experienced team with a passionate marketplace.Currently women get tested for breast cancer by attending…

MondayJun 04, 2007 2:46 pm

The Chinese Domino Effect

Its not fresh news that China's former head of the State Food and Drug Administration, Zheng Xiaoyu, was sentenced to death for corruption and bribery in connection with tainted pet food products and toothpaste. But for at least one China-based pharmaceutical company trying to push its products through the approval process, the news remains at the forefront of thought.Lotus Pharmaceutical Inc. (OTCBB: LTUS) is a pharmaceutical company based out of Beijing, China, focused on manufacturing drugs for its 10 drug stores in addition to third-party stores. Aside from feeling the aftermath of Xiaoyu's administrative wrongdoings, working directly from China has…

MondayJun 04, 2007 1:19 pm

Chinese

It’s not fresh news that China’s former head of the State Food and Drug Administration, Zheng Xiaoyu, was sentenced to death for corruption and bribery in connection with tainted pet food products and toothpaste. But for at least one China-based pharmaceutical company trying to push its products through the approval process, the news remains at the forefront of thought. Lotus is a pharmaceutical company based out of Beijing, China, focused on manufacturing drugs for its 10 drug stores in addition to third-party stores. Working directly from China has its benefits and disadvantages. While low labor costs in China is an…

MondayJun 04, 2007 10:25 am

Modavox, Inc. (MDVX.OB) Completes Integration of the Voice123 Utility into its Product Offerings

Modavox, Inc. (MDVX.OB) reports that it has completed integration of the Voice123 voice talent acquisition and management utility to its Internet Radio and Interactive Product lines. Voice123 allows Modavox customers, using Modavox's suite of Interactive products, to create the highest quality professional audio out of text. Customers can now use text based scripts, manuals, and text books through a simple Internet based production site, and convert them into professional broadcast ready audio tracks, allowing customers to review auditions, purchase voice services within their budget, and collaborate with voice talent to create the desired sound and effects. Let us hear your thoughts…

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American Idol Owner Faces Class-Action Suit over $1.3 Billion Buyout

Hemis Corporation-One to Watch

Shares of QuoteMedia Inc. (QMCI.OB) Advanced Up 16.98 Percent Monday on Solid Volume of 76k Shares Traded

Hyperdynamics (AMEX: HDY) Severs History with USOil

Top Closers with Big News

Stocks Rise as Doral (DRL) Considers Dual Proposals

Seeing the Light for Mammography

The Chinese Domino Effect

Chinese

Modavox, Inc. (MDVX.OB) Completes Integration of the Voice123 Utility into its Product Offerings

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