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Biostar Raises $3.6 Million

Fri, 06 Nov 2009 17:26:18 GMT

Biostar Pharmaceuticals has completed a private placement that raised $3.6 million in new capital. Biostar will use the proceeds to complete its new raw materials processing facility. By taking its raw material production in house, Biostar will lower costs and ensure its product quality. Biostar plans to sell excess raw materials to other pharmaceutical companies in the Shaanxi province.[More...]

Bulls Back On Track?

Fri, 06 Nov 2009 16:21:18 GMT

Good morning. With chants of "Dow 10K… Dow 10K" once again rising from the streets at the corner of Broad and Wall yesterday, it is easy to believe that the bulls are back on track and that we'll soon be looking at new highs for the stock market. And when reviewing the data inputs to yesterday's 204 point romp, it is also easy to don the Dow10K hat once again and join in on the celebration.[More...]

Ford's Main Problem: The UAW's Crippling Job Classifications And Work Rules

Fri, 06 Nov 2009 13:52:50 GMT

Ford's 2,215 page 2007 master contract with the UAW 1941 UAW-Ford contract[More...]

Your Kind of Day?

Thu, 05 Nov 2009 19:06:48 GMT

As a rule, I try not to read too terribly much into a "Fed Day" as there is usually a big batch of volatility that may or may not mean much of anything come the dawn of the next day. Maybe, it's just me. Or maybe there are others that find themselves inclined to simply stand aside and watch the nuttiness from the sidelines on "Fed Days." But in any event, the volatility after a Fed announcement, while fun to watch, may not be telling as to what to expect in the future.[More...]

The Dollar-Proof Portfolio

Thu, 05 Nov 2009 17:31:14 GMT

Don't put off this important piece of the financial-planning process.[More...]

What Investors Should Look for In Today’s Fed Statement

Wed, 04 Nov 2009 13:04:24 GMT

In its continuing efforts to nurture the fragile economic recovery, the U.S. Federal Reserve is widely expected to leave interest rates at record lows when it concludes its meeting today (Wednesday).[More...]

Are Discount Brokers Shares Worth Owning?

Wed, 04 Nov 2009 01:28:03 GMT

The third quarter was a favorable one for the longs. Except for a few short-lived, minor pullbacks stock prices moved higher through the quarter. Stock price volatility declined, takeover activity rose, and risk appetite improved to help the S&P gain 15%.[More...]

Technology Rises And Buying Facebook

Tue, 03 Nov 2009 16:54:11 GMT

Technology stocks have done well this year. The Technology Select Sector SPDR (XLK) bottomed out in March and by late October was up more than 60%. Tech has performed better than any other sector year-to-date – up 33.7% as of Friday’s close.[More...]

Buffett Gets His Cheque Book Out

Tue, 03 Nov 2009 16:17:34 GMT

Given the slew of positive economic data Monday you might have been forgiven for expecting a decent rebound in risk assets. There was a rebound of sorts in early New York trading, with the Dow up close to 150 points at one stage.[More...]

Five Ways To Ride The Commodities Bull

Tue, 03 Nov 2009 15:21:07 GMT

Commodity prices have faltered in the last couple of weeks, and much of the “smart money” is saying the boom is over. Don’t believe it.[More...]

Cellcom Israel Announces Second Quarter 2009 Results and Strengthens Its Position As the Market Leader

Mon, 17 Aug 2009 05:45:00 GMT

NETANYA, Israel, August 17 /PRNewswire-FirstCall/ --
Cellcom Israel Ltd. ("Cellcom Israel", the "Company"), announced today its financial results for the second quarter of 2009.
Revenues for the second quarter 2009 totaled NIS 1,608 million ($410 million); EBITDA for the second quarter 2009 totaled NIS 637 million ($163 million), or 39.6% of revenues; and net income for the second quarter 2009 reached NIS 277 million ($71 million).

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Cellcom Israel Schedules Second Quarter 2009 Results Release for August 17, 2009

Wed, 05 Aug 2009 05:26:00 GMT

Cellcom Israel Ltd. , announced today that it will be releasing its financial results for the second quarter ended June 30, 2009, on Monday, August 17, 2009.[More...]

Cellcom Israel Ltd. Announces Annual General Meeting of Shareholders

Tue, 21 Jul 2009 05:31:00 GMT

Cellcom Israel Ltd. announced today that the 2009 Annual General Meeting of Shareholders of Cellcom Israel Ltd. will be held on September 2, 2009, at 4:00 p.m., , at the offices of the Company, 10 Hagavish Street, Netanya, Israel. The record date for the Meeting is August 3, 2009.[More...]

Cellcom Israel Ltd. Announces Change of Chief Financial Officer

Mon, 20 Jul 2009 03:48:00 GMT

Cellcom Israel Ltd. announced today that Mr. Tal Raz notified the Company of his resignation from office as the Company's CFO, effective September 20, 2009, following his nomination as CEO of Clal Finance, an IDB group affiliate of the Company. The Company's board of directors has nominated Mr. Yaacov Heen as the Company's CFO, effective September 21, 2009, and resolved to recommend to the General Meeting of Shareholders to nominate Tal Raz as a director of the Company.[More...]

Cellcom Israel Announces First Quarter 2009 Results

Tue, 26 May 2009 05:46:00 GMT

NETANYA, Israel, May 26 /PRNewswire-FirstCall/ --
Cellcom Israel Ltd. ("Cellcom Israel", the "Company"), announced today its financial results for the first quarter of 2009.
Revenues for the first quarter 2009 totaled NIS 1,561 million ($373 million); EBITDA for the first quarter 2009 totaled NIS 611 million ($146 million), or 39.1% of revenues; and net income for the first quarter 2009 reached NIS 348 million ($83 million).

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Cellcom Israel Schedules First Quarter 2009 Results Release for May 26, 2009

Wed, 13 May 2009 05:33:00 GMT

Cellcom Israel Ltd. , announced today that it will be releasing its financial results for the first quarter ended March 31, 2009 on Tuesday, May 26, 2009.[More...]