WednesdayFeb 04, 2009 7:00 am

AJENE WATSON, LLC Begins 2009 with Confidence and Great Anticipation

Today, AJENE WATSON, LLC announced that it expects the current year to further position the company as a formidable player within the financial services industry. Although the firm hasn’t revealed many details, those close to the company have indicated that its focus may be on the endeavors of True Lending Platforms, a subsidiary of the company working on what could ultimately prove to be one of the most compliant stock loan products offered within the securities collateralized lending industry. "The success of 2008 was very surprising," said Ajene Watson, founder of AJENE WATSON, LLC and developer of the corporate and…

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WednesdayFeb 04, 2009 5:55 am

MaxWiFi Communications Inc. / AutoMax Group Inc. (MXWF.PK) is “One to Watch”

AutoMax Group Inc. helps individuals with troubled credit or no established credit to finance a quality car and re-establish credit. Headquartered in Marietta, Georgia, they specialize in offering quality and affordable vehicles. They employ buying strategies and techniques that pass savings to their clientele. In early December 2008, Mr. Jake Kern entered into an agreement to acquire the AutoMax trade name and the company. On December 12, 2008, AutoMax agreed to acquire Kern Automotive Group Inc. headquartered in Atlanta, Georgia. Since August of 2006, Kern Automotive Group Inc. operated an automotive business focused exclusively in wholesale and the Buy-Here/Pay-Here used…

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WednesdayFeb 04, 2009 5:52 am

Toro Venture Inc. (TORO.OB) is “One to Watch”

Toro Ventures Inc. is an oil and gas exploration company with headquarters in Seattle, Washington. They focus their efforts on finding projects that are low-risk to generate cash flow, and finding larger projects that they can develop as joint ventures. Trading on the OTCBB, Toro believes they can offer their shareholders value in the near-term by securing opportunities that they can develop using existing infrastructure and the experience of established oil and gas operators. Toro Ventures also believes they can play a role in reducing the United States dependency on foreign oil by being an active explorer and developer of…

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TuesdayFeb 03, 2009 12:24 pm

Omega Commercial Finance Corp. (OCFN.OB) Aggregates 9+ Million Dollars in Assets

Omega Commercial Finance Corp. today announced that its current balance sheet reflects an increase of more than $8.4 million in assets due to the acquisition of a luxury casino cruise ship - the "Omega Royale." According to the press release, the increase encompasses the partial allocation of substantiated assets from the cruise ship onto its balance sheet. Based on the current amount of shares outstanding, the company estimates the current shareholder book value to be 20 cents a share. Yesterday, the stock closed at $0.017. Following this morning's news, the stock is currently trading at $0.0221, up 30% from yesterday’s…

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TuesdayFeb 03, 2009 11:56 am

PharmaNet Development Group, Inc. (PDGI) Stock Explodes after Company Agrees to be Acquired by JLL Partners

Today, PharmaNet Development Group, Inc. announced that it has entered into a definitive merger agreement with affiliates of JLL Partners, Inc. ('JLL'). As terms of the agreement, JLL will commence a tender offer to purchase all of the outstanding shares of PharmaNet at a price of $5.00 per share in cash, an approximate 373% premium to yesterday’s closing price. Although PharmaNet’s Board of Directors has approved the definitive merger agreement, the transaction is subject to the valid tender of a majority of PharmaNet common stock, regulatory approvals and other customary conditions. However, it is not subject to any financing conditions.…

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TuesdayFeb 03, 2009 8:29 am

Stock Market Rebounds on Positive Home Sales Data

Today, the National Association of Realtors reported that pending home sales rose 6.3 percent in December compared to the prior month. The South and Midwest showed the strongest gains. The number of pending home sales were up 2.1 percent from December 2007. Lawrence Yun, chief economist of the Realtors’ group, commented, “The monthly gain in pending home sales, spurred by buyers responding to lower home prices and mortgage interest rates, more than offset an index decline in the previous month. The biggest gains were in areas with the biggest improvements in affordability.” This was the second positive sign in the…

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TuesdayFeb 03, 2009 6:20 am

Kraig Biocraft Laboratories, Inc. (KBLB.OB) CEO Joins QualityStocks for Exclusive Interview

Today, QualityStocks published a 6 minute interview featuring Kraig Biocraft CEO Kim Thompson. In the interview, Mr. Thompson commented on the business, the spider silk technology it is developing, the enormous market for spider silk, how the company has progressed, the milestones the management has set for this year as well as provided a synopsis of the company’s scientific team members. To hear the entire interview, visit: http://www.qualitystocks.net/videocharts.php?chartvid_id=177 Let us hear your thoughts: Kraig Biocraft Laboratories, Inc. Message Board

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MondayFeb 02, 2009 2:23 pm

What Questions Should You Ask When Shopping for an ETF?

In the past three years, the popularity of ETFs (exchange traded funds) has exploded. ETFs allow investors and traders alike to easily purchase a basket of companies as well as trade commodities and currencies through a typical brokerage account. The benefits of trading like a stock, low expense ratios, easy diversification and tax efficiency have all contributed to the demand for this relatively new trading vehicle. First it is important to evaluate the ETF. What does it track, how is it constructed, what’s inside and how long has it been around are excellent questions. It is also a good idea…

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MondayFeb 02, 2009 9:32 am

B/E Aerospace, Inc. (BEAV) Reports Record Financial Results for 2008

In the midst of the current economic turmoil, B/E Aerospace announced that 2008 was its most successful year. 2008 net sales totaled $2.1 billion, 25.8 percent higher than 2007’s numbers. Record net earnings for 2008 was reported at $200.6 million, or $2.12 per diluted share, which was an increase of 36.2 percent and 27.7 percent, respectively, when compared to the prior year. Amin J. Khoury, Chairman and Chief Executive Officer of B/E Aerospace, Inc. commented, “In spite of deteriorating global economic conditions beginning in the second half of the year, 2008 was a record year for the company in terms…

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MondayFeb 02, 2009 9:18 am

Human Genome Sciences, Inc. (HGSI) Announces Delivery of Anthrax Treatment to U.S. Strategic National Stockpile

Today, Human Genome Sciences announced that it has begun delivering 20,000 doses of its human monoclonal antibody drug ABthrax(TM) (raxibacumab) to the U.S. Strategic National Stockpile. ABthrax, a first-in-class treatment for anthrax, is recognized as the first procurement under Project BioShield of a product discovered and developed after the September 11, 2001 terrorist attacks. "We believe ABthrax offers a significant step forward in the treatment of inhalation anthrax and could play an important role in strengthening America's arsenal against bioterrorism. From a business perspective, this announcement is strategically important for HGS, because it marks our Company's first product sales,” said…

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