MondayJun 09, 2008 6:27 am

Chiquita Brands International (CQB); Yes, They Have Those Bananas

Chiquita Brands International sells many bananas - and other products too - as evidenced by their sales data. Their approximate annual revenue is $4.5B. Trading on the NYSE, the company is part of the Farm Products industry and has their headquarters in Cincinnati, Ohio. They are a marketer and distributor of bananas, other fruits, and convenient green salads. Their primary brands are Chiquita and Fresh Express. Chiquita acquired Fresh Express in June of 2005. Fresh Express is the packaged salad and fresh-cut fruit business that Chiquita purchased from Performance Food Group. Chiquita normally gains 59 percent of their sales from…

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MondayJun 09, 2008 5:44 am

Why Everyone Enjoys the Business Success of JAKKS Pacific Inc. (JAKK)

This small-capital company from Malibu, CA deals in toys. It has a penchant for classic brands, and this has taken the company away from pure fun to products such as writing instruments. It is a demonstrative member of the Recreational Products Industry. That is why you do not have to be invested in the stock to derive great pleasure from the endeavors of this corporation. Recent financial performance has disappointed financial analysts with hearts of steel. Net income during the Most Recent Quarter has crashed from over $3 million a year ago to just $900,000. Litigation and other expenses have…

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MondayJun 09, 2008 5:41 am

Do You Know the Chemical Manufacturing Industry Stock Appreciation Rate Over the Last 12 Months?

The Chemical Manufacturing Industry is a favorite target for environmental activists. A number of established molecules have come under sudden and persistent attacks on account of new findings about their deleterious side-effects. Some, like pesticide and asbestos manufacturers, have surrendered their revenue lines and withdrawn their products. Others have developed meaningful stewardship functions, and embarked on programs to manage the risks their brands involve. Green business is a new fad, but it was still the 20th century when Professor Michael Porter of the Harvard Business School first mooted meeting better environmental and safety standards as a means of competitive ability.…

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FridayJun 06, 2008 6:55 pm

Wherify Wireless, Inc. (WFYW.OB) Merging with Lightyear Network Solutions, Inc.

As the developer of the award-winning Wherifone GPS Locator Phone and Springboard Location-based Services Platform, Wherify Wireless, Inc. (OTCBB: WFYW) announced that they have entered into a non-binding letter of intent with Lightyear Network Solutions, Inc., in which Lightyear will merge their business into Wherify. At the closing of Thursday's stock trading, Wherify's stock rose 81.40%. Among the things that will need to be resolved for the proposed merger to happen are: negotiations and execution of the definitive agreement; approval from shareholder's of both companies; obtaining a minimum of $15 million in new equity capital; and restructuring of existing debt.…

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FridayJun 06, 2008 3:42 pm

XO Communications (XOHO.OB) Named Carrier of the Year

XO Communications, a subsidiary of XO Holdings, Inc. has received the Carrier of the Year Award from master agent KeaneTel. This is the third consecutive year that XO has received this award, which is based on customer satisfaction, objective surveys of sub-agents, and aggregate business sold through KeaneTel. XO Communications is a leading provider of 21st century communications services for businesses and communications services providers. The company provides leading Voice over Internet Protocol (VoIP), Data & Internet, Network Transport, Managed, Hosting and Fixed Wireless Access services nationwide. XO Communications has been in the KeaneTel portfolio since 2002. KeaneTel is one…

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FridayJun 06, 2008 3:40 pm

StemCells Inc. (STEM) Awarded New Patent; Using the Basics of Life to Improve Life

StemCells Inc. (Nasdaq: STEM) focuses on the discovery, development and commercialization of cell-based therapeutics to treat diseases afflicting the central nervous system (CNS) and liver. Stem-cell research has become more widely accepted as the public becomes more educated on research methods and purposes. StemCells Inc.’s programs target damaged or lost CNS and liver tissue as a result of disease or injury. Stem-cell research opens the door to a plethora of discoveries regarding the human body’s regenerative abilities, and how to better treat disease. StemCells Inc. today announced that the U.S. Patent and Trademark Office awarded the company patent number 7,381,561…

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FridayJun 06, 2008 3:39 pm

Tumbleweed Communications Corp. (TMWD) to Merge with Sopra Group Subsidiary for Long-Term Growth

In an effort to offer integrated collaborative business solutions around the world, Sopra Group (Euronext Paris: SOP) and Tumbleweed Communications (Nasdaq: TMWD) today announced a plan to merge in which Sopra Group, through its subsidiary Axway, will acquire all outstanding Tumbleweed stock in cash at $2.70 per share, which will assist the companies in the expansion of their market reach. "Tumbleweed is a natural fit with Axway. We are confident that the combined product offering will benefit customers from both companies and increase long-term growth prospects," Jim Scullion, CEO of Tumbleweed stated in the press release. "The combined entity is…

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FridayJun 06, 2008 3:31 pm

Shares of Tumbleweed Communications Corporation (TMWD) Continue Rise on Announcement of New Channel Partner Agreements

Trading volume for Tumbleweed Communications Corporation (NASDAQ: TMWD), a global provider of e-mail firewall and secure messaging application software solutions, climbed more than 14 percent earlier this week after the company announced the general availability of its FTP Analyzer to its channel partners. Tumbleweed’s products enable organizations to effectively manage and protect business-critical Internet communications, including secure file transfer, encryption, data loss prevention and email security capabilities. According to Tumbleweed’s first quarter earnings report, the company plans to restructure operations and transition its distribution model from direct sales to a distribution model with an emphasis on sales through channel partners.…

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FridayJun 06, 2008 10:25 am

Tercica, Inc. (TRCA) Enters Merger Agreement with Ipsen, S.A. (Euronext: IPN)

Tercica, Inc. (NASD: TRCA) announced that they have entered into a definitive merger agreement with Ipsen, S.A. (Euronext: IPN). The merger states an affiliate of Ipsen will acquire all of the shares of Tercica common stock that Ipsen doesn't already own at a price of $9.00 per share in cash, valuing Tercica at approximately $663 million. The transaction still has to be approved by Tercica's shareholders, who hold a majority of the company's outstanding common stock, but the board of directors unanimously approved the deal. As of now, Ipsen and their affiliates own approximately 25.3% of the outstanding Tercica common…

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FridayJun 06, 2008 8:02 am

StockEgg Featured Company: New Century Energy Corp. (NCEY.OB) First Quarter Revenue up 100% based on Sub-$100 Oil

Some companies just have all the luck. They work to find what they know could be a lucrative product, and find it. Then, to top off the find, the product's value shoots through the roof just as the company’s efforts hit their production stride. Timing and luck - there is little one can do to predict it, but when the two get together there’s a solid payday on the way. New Century Energy Corp., an oil and gas exploration and development company, works to explore and develop oil and gas properties in Texas. The company currently owns over 20,000 acres…

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