January 2011 - Page 21 of 28

MondayJan 10, 2011 9:11 am

Sanofi-Aventis (SNY) After Genzyme Corp. (GENZ) Again in Merger Discussion

It was last August that French drug maker Sanofi-Aventis publicly disclosed that it had made an offer to buy Genzyme after approaching the company two months earlier in friendly merger discussions. The $18.5 billion bid represented a $69 per share offer, which at the time was at a nearly 40 percent premium to Genzyme’s share price before investors got wind of the merger talks and sent shares of GENZ surging north to the area of $70 in late July. Negotiations at that time ended without any terms being reached as Sanofi’s CEO, Christopher Viehbacher described discussions as being thwarted by…

MondayJan 10, 2011 9:05 am

IDO Security, Inc. (IDOI.OB) to Exhibit the New MagShoe™ Models in Thailand

IDO Security, Inc., developer of the innovative MagShoe™ shoe scanning device (SSD), announced last Friday that the Company will be exhibiting the new MagShoe™ 3G and 3G/4 models in Thailand. They will exhibit the new models to a number of potential clients that include both governmental and private entities. Dani Werber, International Marketing Manager for IDO Security, Inc., stated, "Thailand is the second country in the Far East, following China, in which we are actively promoting the new MagShoe™ 3G together with our local agents. There is interest from both the Homeland Security and Loss Prevention sectors to increase security…

FridayJan 07, 2011 4:58 pm

TeleCommunication Systems, Inc. (TSYS) and ATX Partner to Deliver State-of-the Art Navigation Technology for Hyundai

TeleCommunication Systems Inc. (TCS), a leading global provider of highly reliable and secure mobile communication technology, and ATX Group, a leading provider of customized connected vehicle services for the global automotive market, have entered into a partnership to provide turnkey network solutions to Hyundai Motor America's new Blue Link® telematics program utilizing TCS’s turn-by-turn navigation technology. The companies will collaborate to deliver an advanced navigation solution for Hyundai based on TCS’ navigation platform and integrations services, integrated with ATX’s technology. The resulting navigation allows off-route vehicles to be automatically re-routed, even if the vehicle is out of network coverage. "This…

FridayJan 07, 2011 4:57 pm

SinoHub, Inc. (SIHI) to Manufacture Mobile Phones for one of China’s Leading Mobile Phone Operators

SinoHub Inc. is a rapidly growing electronics company in the People's Republic of China, engaged in electronic component purchasing and sales, integrated contract manufacturing and sales of private label mobile phones, and supply chain management services. The company today announced it has received an initial order to manufacture 20,000 3G mobile phones for China Unicom. Harry Cochran, CEO of SinoHub, said China Unicom chose SinoHub to manufacture the phones based on the company’s quality products and competitive cost. "We are excited to receive our first order from China Unicom, marking our initial penetration into the growing 3G mobile phone sector…

FridayJan 07, 2011 4:36 pm

Spartan Gold Ltd. (SPAG.OB) is “One to Watch”

Spartan Gold Ltd. is a U.S. based junior gold exploration and mining company currently focused on the northeast region of Alabama. The Company is also pursuing opportunities in both the Carlin-Rain and Round Mountain-Northumberland Gold Trends in Nevada. The Carlin, and Round Mountain, and Northumberland Mining Districts of Nevada are each recognized for their major gold deposits. Trading on the OTCBB, Spartan Gold has its headquarters in Scottsdale, AZ. The Company's commitment is to asset growth and the continual growth of shareholder value through the development of highly prospective projects, accelerated exploration activities and the acquisition of viable resources. Spartan…

FridayJan 07, 2011 4:33 pm

CDEX, Inc. (CEXI.OB) Signs Distribution Agreement with HealthContrax to Expand U.S. Market Reach

CDEX Inc., a leading developer of chemical detection products using patented technologies for the healthcare and security markets, today announced it has entered into a distribution agreement with HealthContrax LLC, an Iowa-based national accounts sales agency. HealthContrax acts as a National Account representative agency that helps healthcare manufacturers gain market access by connecting both large and small healthcare manufacturers to the various channels they serve. This effectively extends marketing reach and distribution for their manufacturing partners. Per the agreement, CDEX has access to Group Purchasing Organizations (GPOs) that contract for thousands of hospitals, labs and clinics across the country. Through…

FridayJan 07, 2011 1:40 pm

Spectral Capital Corp. (FCCN.OB) Reports Promising Details/Status of Planned $167.5M Financing for Gold Mining Project

Spectral Capital, www.spectralcapital.com – the Nevada state corporation focused on growing a strategic portfolio of mineral properties like their current holdings in the gold-rich Chita Region of the Russian Federation, updated the markets today with details on the progress of a planned $167.5M financing of the Chita operation via the Export-Import Bank of the United States (EIBUS). Taken with the EIBUS track record of assisting other US companies, FCCN was pleased to receive the Letter of Intent today from EIBUS, the United States Government’s Official Export Credit Agency. With a minimum commitment of $25M in the first 24 months and…

FridayJan 07, 2011 1:17 pm

TouchIT Technologies, Inc. (TUCN.OB) is “One to Watch”

TouchIT Technologies, Inc. designs, produces, and markets touch-based visual communication products. The Company manufactures a broad range of touch screen and touch board products to suit all types of applications. This is from small LCD touch-screens to large interactive whiteboard displays and audience response systems. TouchIT Technologies, Inc. has manufacturing facilities in Istanbul, Turkey and Sales Offices in London, United Kingdom, Co Limerick, Ireland, and Boston, Massachusetts. TouchIT Technologies is a public company on the OTCBB exchange in the United States. Incorporated in Nevada, USA under the name Hotel Management Systems, TouchIT Technologies and TouchIT Education went public on May…

FridayJan 07, 2011 1:06 pm

Unemployment Drops to Lowest Level in a Year and a Half

The unemployment rate in the United States dropped sharply to 9.4 percent last month. This is its lowest level in more than a year and a half. The Labor Department reported this morning that employers added 103,000 jobs in December, with an influx of 113,000 jobs from private employers. The government also reported that more people were hired in October and November than first estimated: 210,000 jobs in October, up from 172,000, and 71,000 in November, up from 39,000. The Labor Department report comes amid generally brighter economic data in recent weeks. Factories have ramped up production, and the service…

FridayJan 07, 2011 1:05 pm

Metalline Mining Co. (MMG) Reports On Final Drill Test at Mexican Property

Metalline Mining Co. reported on the results of the final drill tests performed at the company’s mining properties in Mexico. The company is exploring for zinc, lead and silver at the site. Metalline Mining Company drilled a total of 41 test wells at the Sierra Mojada Project and reported an average of 58 grams of silver per ton, with a range from 20 grams to 80 grams per ton. The company also reported the presence of zinc and lead in the drill hole samples. Metalline Mining Company said that the samples were sent to ALS-Chemex for preparation and analysis. Greg…

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Month: January 2011