TuesdayNov 03, 2009 3:12 pm

Belo Corp. (BLC) to Issue Senior Debt

Belo Corp announced an offering of between $250-275 million of senior notes due in 2016. The notes were issued under a shelf registration filed with the Securities and Exchange Commission (SEC) in September 2009, authorizing up to $600 million in debt. Belo Corp said that prior to the deal closing, which is expected at the end of November 2009, the company must obtain a waiver from its lenders on its leverage and interest coverage covenants. The company had total debt of $1.042 billion, as of September 30, 2009. Belo Corp plans to use the funds to reduce the amount outstanding…

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TuesdayNov 03, 2009 3:07 pm

International Opportunities Offer Solid Profit Potential for Those that Take the Long View

As the world economy begins its journey back, there are emerging market opportunities that were present before the collapse and still remain. The consumer is perhaps the largest opportunity in this regard. As one considers this investing rout, looking at the United States model may well be advised as one considers options and other developing countries follow suit. Consumer spending has largely driven the US model in the past and is likely to drive international opportunity going forward, albeit in a differing form. Consider leading investment advisors statistics that state, over the past 10 years, 80% of the best investments…

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TuesdayNov 03, 2009 3:01 pm

Yucheng Technologies Ltd. (YTEC) Makes FinTech 100 for Second Year

Yucheng Technologies Ltd. reports that for a second year the company has ranked in the FinTech 100. The rankings are made on selection criteria which include key applications in the banking sector including: core processing, branch, tellers, loan management, credit card, mortgage origination, CRM, online banking and cash management, along with many other services. Yucheng is a turnkey solutions provider with products that serve banking needs from front office solutions, such as e-banking, to back office and risk management. Yucheng currently has the widest portfolio of IT solutions targeted to banks in China. Mr. Weidong Hong, CEO of Yucheng Technologies,…

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TuesdayNov 03, 2009 2:53 pm

Landmark Depression Treatment Studies to be presented by CNS Response Inc. (CNSO.OB) at U.S. Psychiatric and Mental Health Congress

CNS Response Inc. has developed a data analysis capability that, when paired with a non-invasive EEG, analyzes a patient’s brain waves and compares those results to a patient outcome database, generating an rEEG report that allows psychiatrists to create personalized medication regimens for the patient. According to the company, depression costs U.S. employers $83 billion annually; more than half of these costs are associated with treatment-resistant depression. Individuals with treatment-resistant depression cost $8,500 more per year than patients with ordinary depression. Through various studies, rEEG is the first objective, physiology-based, personalized medical technologies proven to efficiently and consistently enable psychiatrists…

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TuesdayNov 03, 2009 2:49 pm

Viking Systems, Inc. (VKNG.OB) Up 206.12% Following Feature by QualityStocks Newsletter

Viking Systems Inc. shares are currently trading at $0.15, up $0.101 or 206.12% for the day. The stock hit an intraday high of $0.16 on massive volume exceeding 2.5 million shares, well above the average daily volume of about 330,000 shares. Viking Systems is another company that has been featured in QualityStocks' FREE Daily Newsletter. In fact, Viking Systems has been featured twice in the QualityStocks Newsletter. Once on July 8, 2009 at a price of only $0.015 a share and the second time on October 30, 2009 when the price of the stock was $0.07 a share. The gains…

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TuesdayNov 03, 2009 11:53 am

Bio-Solutions Corp. (BISU.OB) Announces Distribution Agreement with Jupiter-Agro Biotech, Inc.

Today, Bio-Solutions Corp. announced a distribution agreement with Jupiter-Agro Biotech, Inc. to market NutraAnimal™, an active organic dietary supplement. The agreement represents a minimum of $350,000 in revenues for the first year. It also projects potential revenue of one million in the Canadian poultry market; at maturity, the American poultry market represents multi million dollars in revenues for Bio-Solutions Corp. NutraAnimal™ is designed to improve chickens’ anti-oxidant defense system and decrease oxidative stress, allowing for more sustainable growth. This product can also be used as a safe and beneficial supplement for large animals. Current experiments will allow Bio-Solutions Corp will…

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TuesdayNov 03, 2009 11:51 am

infoGROUP (IUSA) Posts Encouraging Third Quarter Figures

infoGROUP, a marketing solutions provider which utilizes data-driven solutions to help companies leverage information, issued an unaudited report Nov. 2 on its third quarter 2009 (ending Sept. 30, 2009) earnings. Showing high marks for revenue, net income and continued reduction of debt, the report was reviewed in an infoGROUP hosted conference call available at its corporate website. Among the details of the glowing report is a marked debt reduction of $6.3 million, which infoGROUP’s CEO Bill Fairfield said demonstrated his Company’s effort to “generate profitable revenue growth during these tough economic times, reduce our debt quarter over quarter and reinvest…

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TuesdayNov 03, 2009 11:46 am

Biopack Environmental Solutions (BPAC.OB) Announces its First Distributor in Canada

Hong Kong-based Biopack Environmental Solutions manufactures 100% biodegradable consumer packaging products from locally available sugar cane waste called bagasse. The company's products are manufactured in China and distributed under the “Roots Biopack” trademark. Biopack's unique line of compostable packaging is currently sold in 12 European countries plus the United States and Canada. The company announced today that, as part of its ongoing expansion efforts, it has entered into its first distribution agreement in Canada with Sonray Sales Ltd. Founded more than 30 years ago, Sonray provides a long-term, loyal commitment to the product lines it represents. Since its inception, Sonray…

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TuesdayNov 03, 2009 11:40 am

Pacific Asia Petroleum, Inc. (PFAP.OB) Approved for NYSE Amex Listing

Pacific Asia Petroleum, Inc., a company engaged in the business of oil and gas development, production and distribution in Asia and the Pacific Rim countries, announced this morning that its common stock has been approved for listing on the NYSE Amex. Trading is anticipated to begin Thursday of this week under the new ticker symbol PAP. Until then, Pacific Asia Petroleum’s shares will continue to trade on the Over-the-Counter (OTC) Bulletin Board under the symbol PFAP. “Moving from the OTC Bulletin Board to the NYSE Amex is another tremendously important milestone for Pacific Asia Petroleum,” stated President and CEO Frank…

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TuesdayNov 03, 2009 9:16 am

Aftersoft Group, Inc. (ASFG.OB) Appoints Gerry Czarnecki as Chairman of the Board

Aftersoft Group, Inc. is a young company that has vastly made a name for itself as a provider of business and supply chain management solutions to automotive parts manufacturers and distributors in the automotive aftermarket. Aftersoft has been attracting investors and leaders in their industry with a strong global presence. While based in the UK, the company also has operations in California and Pennsylvania to go along with a proposed office in Brisbane, Australia. A main reason Aftersoft has spread its wings so far across the globe is their experienced and aggressive management team. This team just grew stronger with…

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