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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...]

International Minerals Makes Superior Offer to Acquire Metallic Ventures

Fri, 30 Oct 2009 04:47:00 GMT

International Minerals Corporation (TSX:IMZ) and (SIX:IMZ) has made an offer to acquire all of the common shares of Metallic Ventures Gold Inc. ("Metallic," TSX: MVG) for US$24 million in cash and 8.5 million common shares of IMZ.
IMZ's proposal has been determined by the Board of Directors of Metallic to be a superior offer relative to the current offer by Solitario Exploration & Royalty Corp. ("Solitario") to acquire Metallic.
Metallic has issued a news release stating that its Board of Directors recognize that the IMZ proposed acquisition transaction is superior to the terms of the arrangement agreement between Metallic and Solitario, originally announced by Metallic on August 24, 2009, as amended by Solitario on October 13, 2009 (the "Solitario Arrangement Agreement").

[More...]

Paramount Energy Trust completes second stage transaction regarding Profound Energy Inc.

Thu, 13 Aug 2009 22:03:00 GMT

CALGARY, Aug. 13 /CNW/ - Paramount Energy Trust ("PET" or the "Trust") (PMT.UN) and Profound Energy Inc. ("Profound") (PFX) are pleased to announce that, at a special meeting of Profound shareholders held today, the shareholders of Profound approved the amalgamation of Profound and PET's indirect wholly-owned subsidiary, 1463072 Alberta Ltd. ("1463072") and that the amalgamation has now been completed. The amalgamation constitutes the second stage transaction to the offer dated April 24, 2009 of 1463072, for all of the issued and outstanding common shares of Profound.[More...]

CSP Inc. Announces Third-Quarter Fiscal 2009 Financial Results

Tue, 11 Aug 2009 12:36:00 GMT

CSP Inc. (NASDAQ: CSPI), a provider of IT solutions, systems integration services and dense cluster computing systems, today reported financial results for the third quarter of fiscal 2009 ended June 30, 2009.[More...]

CSP Inc. to Announce Third-Quarter Fiscal 2009 Financial Results on August 11

Fri, 31 Jul 2009 13:03:00 GMT

CSP Inc. (NASDAQ: CSPI), a provider of IT solutions, systems integration services and dense cluster computing systems, announced that it will issue its third-quarter fiscal 2009 financial results before the market opens on Tuesday, August 11, 2009.[More...]

CSP Inc. Provides Lockheed Martin With Rugged Cluster Computer Systems To Support U.S. Navy Aegis Combat System

Tue, 07 Jul 2009 14:01:00 GMT

FastCluster systems feature an open architecture environment and are easily integrated into a variety of radar applications.
"This award illustrates CSPI's ability to deliver signal processing solutions that meet the demanding development and deployment schedules required to support the U.S. Navy," stated William Bent, Jr., general manager and vice president of CSPI MultiComputer Division.
The Company cautions that numerous factors could cause actual results to differ materially from any forward-looking statements made by the Company.

[More...]

CSPI Announces New FPGA Development Platform

Mon, 01 Jun 2009 12:57:00 GMT

CSP Inc. (NASDAQ: CSPI) MultiComputer Division, a leading supplier of rugged embedded clusters, today announced its new FastCluster FPGA Development Platform at the Military & Aerospace Electronics Forum. The development platform includes a Virtex-5 FPGA XMC development board, a Board Support Package, and the CoreFire™ Design Suite on a Window based PC providing all the components needed to develop and debug computational intensive DSP applications.[More...]

CSP Inc. named to Globe 100 for 2nd Consecutive Year

Wed, 20 May 2009 18:39:00 GMT

CSP Inc. (NASDAQ: CSPI), a provider of IT solutions, systems integration services and dense cluster computing systems, announced today that it has once again achieved a spot on the “Globe 100” list. Annually, The Boston Globe ranks public companies by how well they increased sales, profits, and returns for shareholders during 2008.[More...]

Modcomp Systems & Solutions Renews Its Cisco Silver Certification; is Recognized for Cisco Customer Satisfaction Excellence in the USA

Tue, 19 May 2009 15:10:00 GMT

Modcomp Systems & Solutions announced today it has successfully renewed its Silver Certification from Cisco®.
To earn Silver Certification, Modcomp had to meet rigorous standards for networking competency, service, support and customer satisfaction set forth by Cisco.
"We are proud that our Cisco team has successfully met the personnel, support, specialization and customer satisfaction requirements needed to renew our Cisco Silver certification," said Victor Dellovo, President of Modcomp Systems & Solutions.

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CSP's Modcomp Subsidiary Achieves Cisco Powered Designation for Managed Unified Communications & Managed Security Services

Fri, 08 May 2009 14:04:00 GMT

CSP, Inc. announced today that its Modcomp subsidiary has achieved a Cisco Powered designation for Managed Business (Unified) Communication, Firewall and IDS/IPS,by establishing the resources and procedures to deploy, manage and support Cisco Powered Unified Communications & Security services.
Our relationship with Cisco enables us to continue to grow and scale our Managed Services business in a repeatable and predictable fashion worldwide, allowing better and more consistent results for our customers."
It not only acknowledges that the managed service provider has invested in industry-leading Cisco solutions, but also entitles the solutions provider to take advantage of Cisco resources to envision, build, market and sell its managed services, contributing to market acceptance and adoption.

[More...]

CSP Inc. Announces Second-Quarter Fiscal 2009 Financial Results

Wed, 06 May 2009 12:10:00 GMT

CSP Inc. (NASDAQ: CSPI), a provider of IT solutions, systems integration services and dense cluster computing systems, today reported financial results for the second quarter of fiscal 2009 ended March 31, 2009.[More...]