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TuesdayJul 03, 2007 3:39 pm

Quaker Fabric (QFAB) Drops Like a Stone

Shares for Quaker Fabric Corporation (NASDAQ: QFAB) dropped like a stone today, plunging more than 80 percent on market open. The source of the drop was a statement the company released after market closed yesterday afternoon, in which the company announced that it determined it had not "met the requirements for committed borrowings under its existing lending facilities.""As a result, any advances to the company by its revolving lenders will only occur on a discretionary basis," the statement read. "The company further announced that it likely will commence an orderly liquidation of its business and a sale of its assets."…

TuesdayJul 03, 2007 3:39 pm

Hudson Street, Kingstown Capital Level Accusations against RUSS-UPDATE

Hudson Street, Kingstown Capital Level Accusations against RUSS-UPDATE « H E » MN1 Exclusive :: email posted Tuesday, 3 July 2007 Andrew Weinman MN1 Staff Writer NEW YORK (July 3, 2007) - In a move that ignited investor interest this morning, Hudson Street Capital Management LLC and Kingstown Capital Partners LCCC released a joint press release this morning denouncing the management and financial techniques of the Whitney Information Network (Pink Sheets: RUSS) and its CEO and board chairman, Russell Whitney."We are writing to the independent directors to express our concern that the RUSS board of directors, as currently configured, lacks…

TuesdayJul 03, 2007 3:39 pm

Avanir (AVNR) Announced $42M Sale of Schizophrenic Drug

Avanir Pharmaceuticals (Nasdaq: AVNR) shares are trading at $2.76 on volume of 4.1 million this morning, up 38 cents from yesterday's close, following word of the company's $42 million sale of its anti-psychotic drug, FazaClo. The sale will allow the company to direct funds toward the development of Zenvia, a treatment for emotional expression disorder.Avanir announced today it signed a definitive agreement to sell FazaClo to Azur Pharma, a specialty pharmaceutical company based in Ireland. Per the agreement, Avanir will receive the $42 million at the close of the transaction, with up to an additional $10 million in contingent payments…

TuesdayJul 03, 2007 12:57 pm

StockGuru Blog: Genesis Technology – Getting a Grip on Staggering Growth in China

Investing in China — Understanding Growth in China GTEC Stock Guru Profile Genesis Technology understands China’s growth. The signing of a contract with a major Chinese steel products company, as the fifth partner company in its private-to-public program is an important step. The profit of China’s iron and steel industry grew 1.2% year over year in the first five months as indicated by the Chinese National Bureau of Statistics. Statistics retained on 97 large and medium-sized metallurgical enterprises indicate their total industrial output value grew 34.65 percent in the first five months; products sales income grew 35.66 percent; tax and…

TuesdayJul 03, 2007 12:52 pm

StockGuru Blog: Better Biodiesel – Biodiesel has Serious Tax Advantages!

BBDS - Better Biodiesel: Congress Gets Serious about Biodiesel BBDS.OB Better Biodiesel Stock Guru Profile House and Senate Energy Bill Passed June 28, 2007 Better Biodiesel is a beneficiary of the recently passed Energy Bill. An important part of the energy bill is a title that promotes the production, distribution and use of clean, renewable, made-in-America transportation fuels. The limitation of known petroleum reserves and the political instability of their location makes renewable energy resources more attractive. The most feasible way to meet this growing demand is by utilizing alternative fuels. Biodiesel is the best candidate for diesel fuels in…

TuesdayJul 03, 2007 12:51 pm

StockGuru Blog: China Media Group – Educating Chinese Public and Generating Advertising Revenue!

China Media Group Stock Guru Profile CHMD.OB CHMD: Powerful Alliance with Chinese Government to Further U.N. Goals Creates Lucrative Opportunity China Media Group Corporation (OTCBB: CHMD) is media company focused on the lucrative Chinese market with offices in Beijing, Hong Kong and Texas. China’s government is trying to fix its ailing rural health-care system, but health experts say the effort will fail unless the state educates the public about basic health issues and that is precisely where CHMD comes into the picture. They have a contractual relationship with China to educate the public on health issues which is something China…

TuesdayJul 03, 2007 12:51 pm

StockGuru Blog: INfe Human Resources – In a Growth Business by ALL ACCOUNTS!

IFHR Stock Guru Profile Now is a a good time to get into the staffing market. The demographics of the American work force are changing - they’re more diverse and we’re going to have fewer skilled people as more of the boomers retire. INfe Human Resources has positioned itself in a growth industry with room for niche companies that staff high demand areas. INfe should find itself in a good cashflow position with the right recruiters in their staffing businesses. Data released by the American Staffing Association shows that the U.S. staffing industry is growing faster than the economy because…

TuesdayJul 03, 2007 12:44 pm

StockGuru News: m-Wise and CommercePlanet

m-Wise, Inc. (OTCBB: MWIS) m-Wise Launchs Mobile Marketing Campaign to Promote SOL Beer Through Paulina Rubio’s Rock Tour in Spain WILMINGTON, DE–(MARKET WIRE)–Jul 3, 2007 — Mobile content technology vendor, m-Wise (OTC BB:MWIS.OB - News) and its Spanish business representative Pabrune announce an agreement with Barril & Botella Import Export, the importer of the popular Mexican Sol beer brewed by Cerveceria Cuauhtemoc Moctezuma, México to deliver mobile marketing services in Spain. Read full release here: http://stockguru.com/profiles/mwis/news.php CommercePlanet, Inc. (OTCBB: CPNE) Commerce Planet, Inc. Launches Social Network MyFlick.com and Expands Their Lead Generation Business To Include Video Streaming and Matched Content…

TuesdayJul 03, 2007 12:43 pm

StockGuru Blog: Biodiesel Is a Commodity and BBDS Has the Low Cost Alternative!

BBDS - Better Biodiesel: Producing Biodiesel from Animal Fat Cheapest Source Available! BBDS.OB Better Biodiesel Stock Guru Profile Biodiesel is Better because it is home grown or home raised! Biodiesel is equivalent to diesel, with high energy density and excellent lubricating properties, yet is renewable and biodegradable and also generates low emissions when burned. Raw materials for making biodiesel include animal fat OR herbage oil crops, woody oil plants, waste oil and hydrophilic oil plants. Better Diesel Biofuel is better because it is cheaper to produce? Why? Because it uses animal fat! Any mixture of animal fat! And because it…

TuesdayJul 03, 2007 12:42 pm

StockGuru Blog: Visitrade – Traded Shares at All Time High at NASDAQ – Who Needs a Market Maker?

Visitrade Website - VTDI VisiTrade aims to cut out the market maker! Link here for VisiTrade’s demonstration. NASDAQ hits a new record in May 2007. Its matched market share of all U.S. Equity share volume was a record 28.9% in May 2007, more than any other U.S. exchange. NASDAQ’s matched volume in all U.S. securities was 34.7 billion shares, an increase of 15.2% from May 2006. During May, handled market share in NASDAQ-listed securities was 75.5% and matched market share in NASDAQ-listed securities in May was 46.1%. NASDAQ’s matched market share in NYSE-listed securities in May was 15.6%, up from…

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Quaker Fabric (QFAB) Drops Like a Stone

Hudson Street, Kingstown Capital Level Accusations against RUSS-UPDATE

Avanir (AVNR) Announced $42M Sale of Schizophrenic Drug

StockGuru Blog: Genesis Technology – Getting a Grip on Staggering Growth in China

StockGuru Blog: Better Biodiesel – Biodiesel has Serious Tax Advantages!

StockGuru Blog: China Media Group – Educating Chinese Public and Generating Advertising Revenue!

StockGuru Blog: INfe Human Resources – In a Growth Business by ALL ACCOUNTS!

StockGuru News: m-Wise and CommercePlanet

StockGuru Blog: Biodiesel Is a Commodity and BBDS Has the Low Cost Alternative!

StockGuru Blog: Visitrade – Traded Shares at All Time High at NASDAQ – Who Needs a Market Maker?

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