Blog - Page 4826 of 5778

ThursdayApr 24, 2008 4:11 am

In the Newest Chapter for the Company, Omega United Files to Change Name to SkyPostal Networks Inc. (SKPN.OB)

The acquisition represents the next step to the development and success for SkyPostal. President and CEO of the company, Albert P. Hernandez said of the acquisition, “Going public through this merger is the next step in our evolution, as SkyPostal strives to become the dominant mail distribution company in Latin America, the Caribbean and Mexico.” He continued to say, ““We are now in a position to implement an aggressive growth strategy that features internal growth as well as growth through the acquisition of key postal delivery companies within the region. The highly fragmented postal delivery industry in the LAC region…

ThursdayApr 24, 2008 4:03 am

Physicians Healthcare Management Group, Inc. (PHYH.PK) Signs Agreement with Advantica EyeCare

Physicians Healthcare Management Group, Inc. (Phyhealth) (Pink Sheets: PHYH), announced today that Phyhealth Plan Corporation, a wholly-owned subsidiary of Phyhealth, has signed an agreement with Advantica EyeCare to provide comprehensive vision services for its Pilot HMO scheduled to be begin the last half of 2008. Physicians Healthcare Management Group also announced on April 16, 2008 that the company has filed with Pink Sheets the audited financials for the periods ended December 31, 2005, December 31, 2006, and the nine months ended September 30, 2007, taking the company one step closer towards becoming fully reporting with the SEC. Mr. Robert Trinka,…

ThursdayApr 24, 2008 4:01 am

UFP Technologies Inc. (UFPT) Set to Continue Record Profits

This small capital stock from Georgetown, MA has reported an approximate 68% rise in net earnings for 2007 over 2006. Significantly, this profitability jump has come on top of nearly flat sales. The company has made important strategic moves during the first quarter of calendar 2008 to continue the 2007 trend of business progress. First, the company has acquired a firm specializing in polyurethane foam packaging material. Second, the management has inked a collaboration agreement with a world leader in foam packaging for healthcare and military products. These moves improve the competitive strength of the company. It is engaged in…

ThursdayApr 24, 2008 3:58 am

General Steel Holdings Inc. (GSI) is an Opportunity to Profit from the China Growth Story

Oceans of business opportunities drench this stock. It is a small capital corporation from Beijing, China. It is listed on the NYSE. This is an exceptional investment opportunity for US citizens; with it, you can take part in the amazing economic growth of China from the shelter of a professionally regulated stock exchange. This company is an illustrious member of the Construction-Supplies & Fixtures Industry. The company makes special kinds of steel sheets. The latter are used to make tractors, containers, special kinds of pipes, bars, and wires. The company is a key supplier for conventional energy and petrochemical industries,…

ThursdayApr 24, 2008 3:55 am

Textainer Group Holdings Limited (TGH) Receives New Five-Year Credit Agreement

Textainer Group Holdings Limited (TGH), based in Hamilton, Bermuda, is the world’s largest lessor of intermodal containers with a total fleet of more than 1.3 million containers. The company leases containers to more than 300 shipping lines and other lessees, including each of the world’s top 20 container lines. Textainer is also the primary supplier of leased containers to the U.S. military, and is one of the largest sellers of used containers. The company entered into a $205M, five-year revolving credit agreement with a group of financial institutions. The financial institutions, led by Bank of America, N.A., include Fortis Capital…

ThursdayApr 24, 2008 3:52 am

OTCPicks Featured Company: BIH Corporation (BIHC.PK) Closes Acquisition of Baron International

After wearisome negotiation, BIH Corporation (OTC: BIHC) announced that they have come to an agreement to expend several million dollars to complete the acquisition of Baron International, Inc., a national leader since 1982 in the sales, service and design of restaurants, beverage systems, refrigeration, and full turn-key operations for large chains/clients. Cris Galo, President and CEO of BIH Corporation, said, "We are pleased that Baron International is now a 100% wholly owned subsidiary of BIH Corporation, and we will maintain this pace with any other acquisitions going forward." "This acquisition will create a tremendous opportunity for phenomenal growth," commented Mr.…

ThursdayApr 24, 2008 3:49 am

OTCPicks Featured Company: Restore Medical Inc. (REST) Signs Agreement with Medtronic, Inc. (NYSE: MDT)

Restore Medical, Inc. (NASD: REST) announced that they have signed an agreement with Medtronic, Inc. (NYSE: MDT) which implies that Medtronic will pay $1.60 per share in cash for each share of Restore Medical stock. With the additional payment of Restore Medical debt, the transaction is worth approximately $29 million, and - although the full terms of the agreement haven't been approved by Restore Medical shareholders - the transaction is expected to close within the next 90 days. Restore Medical's stock rose 27.91% during Tuesday's trading. Restore Medical's Pillar Palatal Implant System is a state of the art, minimally invasive,…

ThursdayApr 24, 2008 3:47 am

Hybrid Technologies, Inc. (HYBR.OB) Continues To Build Strong Ties with Governmental Agencies

Hybrid Technologies, Inc. (HYBR.OB) utilized NASA technology in developing the rechargeable lithium batteries utilized in its line of electric powered vehicles. The relationship with NASA has continued to grow through the years. In March 2006, Hybrid and NASA executed a Space Act Agreement, where Hybrid agreed to produce a lithium battery powered fleet of vehicles to be used at the John F. Kennedy Space Center. The NASA team selected military high-performance all-terrain vehicles; the PT Cruiser and the Hybrid Smart Car. “NASA and its affiliated agencies create a tremendous opportunity for our corporation to utilize our most advanced technology, while…

WednesdayApr 23, 2008 5:56 pm

CAI International, Inc (CAP) Shows Gains in Fourth Quarter Revenue

CAI International, Inc. (CAP), headquartered in San Francisco, California, is an intermodal freight container leasing and management company. Intermodal freight containers are large, standardized steel boxes, which the company leases primarily to international steamship companies. They are used to transport cargo by a number of means, including ship, truck and rail. A portion of the container fleet is owned by CAI, with the balance being owned by third parties, which the company manages on their behalf. In February, CAI announced it had completed an agreement to increase the commitment amount on its existing senior secured credit facility with a consortium…

WednesdayApr 23, 2008 5:54 pm

Sciele Pharma, Inc. (SCRX) Receives FDA Approval for CloniBID

Sciele Pharma, Inc. (SCRX), headquartered in Atlanta, Georgia, recently announced that the U.S. Food and Drug Administration (FDA) has accepted the New Drug Application (NDA) submitted by Addrenex Pharmaceuticals for CloniBID to treat hypertension. In June 2007, the company licensed CloniBID from Addrenex Pharmaceuticals for the treatment of hypertension. The FDA has assigned a Prescription Drug User Fee Act (PDUFA) date of December 19, 2009. Upon FDA approval, Sciele expects to launch this product in early 2009. CloniBID is a 12-hour, sustained release formulation of clonidine hydrochloride, the active ingredient in CloniBID which is approved for the treatment of hypertension.…

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