iday
include: Mantra Venture Group Ltd. (OTCBB: MVTG), Magnetek, Inc. (NYSE: MAG), Wm. Wrigley Jr. (WWY), China BAK Battery, Inc. (NASDAQ: CBAK)
Mantra Venture Group Ltd.(OTCBB: MVTG), announced yesterday after the bell
that its Signal Smoothing Technology has successfully completed field
testing and is ready for commercialization. Mantra's Signal Smoothing
Technology is designed to support sustainable energy generation, which
tends to be variable due to its natural source. Mantra's technology
converts the power created from sustainable sources such as wind, solar or
geothermal, and converts it into usable grid standard power, which can then
be fed back into the grid.
Magnetek, Inc. (NYSE: MAG) gapping up in anticipation of earning's
scheduled for 11am eastern. Magnetek, Inc. manufactures and sells digital
power control systems that are used to control motion and power primarily
in material handling, people moving, telecommunications, and energy
delivery application.
Yesterday, family-owned Mars agreed to pay $80 a share for Wm. Wrigley Jr.
(WWY) the deal that values the gum and candy maker at $23 billion. The
offer was almost a 30% premium to Wrigley's closing price on Friday.
China BAK Battery, Inc. (NASDAQ: CBAK), one of the largest lithium-ion
battery cell manufacturers in the world today provided a business update
regarding results for its second fiscal quarter ended March 31, 2008.
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