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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...]

EDITORIAL: Must prepare for new age of energy

Sun, 08 Nov 2009 18:46:00 GMT

Nov. 8--We live in a place where voters did not want Barack Obama as our president.
The election of President Obama provided the ultimate disruption that caused the abandonment of two coal-fueled electricity generation projects planned for the area and the expansion of the electricity transmission network that would have facilitated the export of more wind power from our region.
We do not know whether President Obama will allow TransCanada to pierce the U.S. border a second time for its proposed XL pipeline, which would carry crude oil from Alberta to Texas.

[More...]

SCANA sets stage for boom: New campus likely to spur surrounding development

Sun, 08 Nov 2009 09:46:00 GMT

Nov. 8--Sub Station II owner Chris Kueny sees more SCANA employees coming to his sandwich shop in Cayce this fall since the utility began moving into its new headquarters nearby.
The influx led him to put up a sign near the complex at 12th Street and I-77 to attract more of its workers to his eatery.
Kueny's experience is an early indication of what city leaders expect will be the economic spin-off, as South Carolina's only Fortune 500 company settles in and plans development around it.

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Shuttered factories pose big challenges for communities

Sun, 08 Nov 2009 07:46:00 GMT

Nov. 8--After the wood chippers go still and the boilers cool, the International Paper mill outside of Franklin will join a growing list of closed local factories.
Nearly 4 million square feet of factory space across the region is dormant or scheduled to close, not including International Paper's plant, which will add hundreds of thousands of square feet to the market when it closes next spring.
In Norfolk, Ford Motor Co.'s 2.6 million-

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Lincoln and Blaine counties hammered by unemployment

Sat, 07 Nov 2009 20:48:00 GMT

Nov. 7--No other community in south-central Idaho has been hit harder by the recession than Shoshone, where the unemployment rate surpassed 14 percent in October.
Blame it on Blaine County, say local and state officials.
That's because one in five people in Shoshone work in the beleaguered tourism, real estate and construction industries in Blaine County.

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Jobless rate hits 10.2%: Unemployment figures are at highest point since 1983

Sat, 07 Nov 2009 17:48:00 GMT

Nov. 7--The national unemployment rate rose to 10.2 percent in October, surprising economists who had been predicting a more modest increase from September's 9.8 percent.
The U.S. economy also continued to shed jobs, with 190,000 lost during the month, the Bureau of Labor Statistics reported yesterday.
With the unemployment rate hitting its highest point since April 1983, records indicate this is now the second recession since World War II in which the nation has faced an unemployment rate of more than 10 percent.

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OPINION: The Reporter goes higher-tech

Sat, 07 Nov 2009 13:49:00 GMT

Nov. 7--"Look what I got at a garage sale for $10," said Rick Whiteman, our advertising manager.
"What a segue," I said, and began writing this column.
The Lebanon Reporter has launched a Twitter account, I've started a blog, and by main force have been restrained from punning about either.

[More...]

5A projected playoff matchups/brackets

Sat, 07 Nov 2009 05:47:00 GMT

Nov. 7--Tempe Corona del Sol saw another tough, fourth-quarter loss Friday night end its late bid for a playoff berth on the final night of the 2009 regular season.
As a result, the unofficial/projected matchups for next week's 5A-I state playoffs will feature several rematches from the regular season, including Fiesta Region rivals Mesa High and Mesa Red Mountain, Mesa Desert Ridge and Gilbert Mesquite and Mesa Westwood and Phoenix Mountain Pointe.
In 5A-II the team that clung to life was Gilbert Perry, which snatched the 15th playoff spot despite a tough 31-28 loss to Mesa Desert Ridge.

[More...]

Jobless rate spikes, casting doubt on recent recovery

Sat, 07 Nov 2009 01:50:00 GMT

WASHINGTON _ The nation's unemployment rate jumped to an unexpected 10.2 percent in October, throwing 190,000 more Americans out of work, raising questions about whether the budding economic recovery will endure, and confronting President Barack Obama with a politically explosive new challenge.
And many economists predicted it would go higher still in coming months.
Some 15.7 million workers now have no jobs, the government said in releasing its monthly unemployment report, and an estimated 5 million more are working fewer hours and drawing smaller pay checks than they were before the country fell into the worst recession in a generation.

[More...]

Teams train to thwart terror: 'Gotham City' on Nellis range used for training by elite military personnel

Fri, 06 Nov 2009 20:49:00 GMT

Nov. 6--The skyline of "Gotham City" appeared in stark contrast Thursday to chiseled mountains and desolate valleys that surround this mock Mojave Desert town.
Instead, the heroes were a ground controller named Staff Sgt. James Spreter and pilots in two A-10 Thunderbolt II jets that swooped in with their Gatling guns rumbling to unleash a barrage of cannon fire at imaginary terrorists in trucks on the city's north end.
Since it was built in 2005, this was the first time the range commander had granted a throng of nonmilitary visitors a glimpse of the place where warplanes and ground troops rehearse for missions in Iraq and Afghanistan.

[More...]

Powered up: With its solar inverters selling beyond expectations, Bend's PV Powered prepares to expand its facility

Fri, 06 Nov 2009 16:48:00 GMT

Nov. 6--The sun continues to shine on Bend's PV Powered.
The solar products manufacturer has added 30 employees since June and is fast-tracking an expansion project in order to add more capacity to its plant in the Brinson Business Park in northeast Bend.
The company is now up to 80 employees and hiring more thanks to market demand for its 260-kilowatt inverter that's exceeding sales and industry expectations, said Erick Petersen, the company's vice president of sales and marketing.

[More...]

Investment Industry Regulatory Organization of Canada - Trade Resumption - UNISERVE COMMUNICATIONS CORPORATION - USS

Mon, 24 Nov 2008 20:23:00 GMT

VANCOUVER, Nov. 24 /CNW/ - Trading resumes in: Issuer Name: UNISERVE COMMUNICATIONS CORPORATION TSX-V Ticker Symbol: USS[More...]

TSX Venture Exchange - Cease Trade Order - Oct 7 2008 8:52PM

Tue, 07 Oct 2008 23:38:00 GMT

VANCOUVER, Oct. 7 /CNW/ - BULLETIN TYPE: Cease Trade Order BULLETIN DATE: October 7, 2008[More...]

U.S. Shipping Partners L.P. Announces Delivery of Second ATB on Schedule

Mon, 25 Aug 2008 13:25:00 GMT

EDISON, NJ -- -- 08/25/08 -- U.S. Shipping Partners L.P. today announced the completion of its second Articulated Tug Barge unit on schedule with the delivery of the barge Petrochem Producer from Bay Shipbuilding at Sturgeon Bay, Wisconsin. The Galveston, the tug for the second unit, was delivered in July from Eastern Shipbuilding, Panama City, Florida. The Galveston / Petrochem Producer is currently enroute to the Gulf Coast and will enter service in early September on long term charter to a major oil company. The third ATB in the series is scheduled to be delivered in November of this year and the fourth ATB in August of 2009.[More...]

U.S. Shipping Partners L.P. Reports Second Quarter 2008 Financial Results

Mon, 11 Aug 2008 20:38:00 GMT

EDISON, NJ -- -- 08/11/08 -- U.S. Shipping Partners L.P. today reported its results for the second quarter ended June 30, 2008.[More...]

U.S. Shipping Partners L.P. Names Ronald O'Kelley as Chief Executive Officer

Mon, 11 Aug 2008 13:22:00 GMT

EDISON, NJ -- -- 08/11/08 -- U.S. Shipping Partners L.P. today announced that its Board of Directors has elected Ronald L. O'Kelley as President and Chief Executive Officer of the Partnership. Mr. O'Kelley has served as a director of the Partnership's general partner since the Partnership went public in November 2004. Mr. Paul Gridley, who has served as the Partnership's chairman and chief executive officer, will relinquish his role as Chief Executive Officer, although he will remain as Chairman of the Board of Directors.[More...]

U.S. Shipping Partners L.P. Announces That It Will Not Pay Second Quarter Distribution

Wed, 30 Jul 2008 12:55:00 GMT

U.S. Shipping Partners L.P. today announced that its review of strategic alternatives and its negotiations with its lenders to amend certain financial covenants under its senior credit facility are continuing. In light of these continuing efforts, the Partnership has determined that it will not pay a distribution on its units for the quarter ended June 30, 2008.[More...]

General Dynamics NASSCO Begins Construction of Third Product Carrier Ship

Thu, 24 Jul 2008 16:17:00 GMT

General Dynamics NASSCO, a wholly-owned subsidiary of General Dynamics , today began construction of the third ship in its series of nine product carriers. The shipyard is scheduled to lay the ship's keel in November and deliver the ship to U.S. Shipping Partners in the fourth quarter of 2009.[More...]

U.S. Shipping Partners L.P. Announces Availability of Annual Report

Mon, 07 Jul 2008 19:55:00 GMT

U.S. Shipping Partners L.P. announced, as required by the rules of the New York Stock Exchange , that:[More...]

U.S. Shipping Partners L.P. Provides Update

Wed, 11 Jun 2008 16:13:00 GMT

U.S. Shipping Partners L.P. today announced that while it experienced increased demand for its Integrated Tug Barges and increased utilization of its chemical fleet since the filing last month of its Quarterly Report on Form 10-Q for the first quarter of 2008, business conditions remain challenging due to high crude oil prices and reduced demand in the Jones Act market. There can be no assurance that this improved performance will continue in future months. In addition, despite improved market conditions since the filing of the Form 10-Q, utilization and spot market rates remain lower than in the comparable period in 2007.[More...]

General Dynamics NASSCO Lays Keel of Second Product Carrier

Wed, 04 Jun 2008 19:10:00 GMT

General Dynamics NASSCO, a wholly-owned subsidiary of General Dynamics , today held a keel-laying ceremony for the second ship of its new series of product carriers . The ship is being built for U.S. Shipping Partners and is scheduled to be delivered in the third quarter of 2009.[More...]

Form 4/A Gehegan Joseph P For: Dec 31 (10K)

Thu, 08 Jan 2009 14:54:00 GMT

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Form 3 SILVER JACK For: Nov 19 (10K)

Fri, 19 Dec 2008 20:44:00 GMT

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Form 4 SILVER JACK For: Dec 11 (10K)

Fri, 19 Dec 2008 20:40:00 GMT

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