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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...]

Sector Snap: Some lodging price targets raised

Tue, 29 Sep 2009 15:50:00 GMT

NEW YORK - A Goldman Sachs analyst boosted the price targets of some lodging companies Tuesday, citing slowing supply growth and an uptick in demand.
Supply growth also began to wane during the economic downturn, as hotels looked for ways to reduce expenses and avoid oversupply.
Kent increased Marriott International Inc.'s price target to $33 from $27.79 and lifted Starwood Hotels & Resorts Worldwide Inc. to $43 from $35.

[More...]

Hotel companies climb after economic news

Fri, 07 Aug 2009 19:51:00 GMT

CHICAGO - Shares of U.S hotel chains climbed Friday after a series of economic reports showed the recession may be drawing to a close and gave investors hope the hard-hit industry will see occupancy rates climb.
Early in the day, federal data showed that employers sharply scaled back layoffs in July.
Shares of Starwood Hotels & Resorts Worldwide Inc. climbed $3.32, or 12.7 percent, to $29.45 in afternoon trading.

[More...]

Business This Week - May 4 2009 1:55AM

Mon, 04 May 2009 05:50:00 GMT

THIS WEEK sees the release of the new Finance Bill for 2009, but commentators do not expect much improvement on the budgetary front.
Results : Qiagen; Estee Lauder.
Indicators : EU Commission publishes economic forecasts; US construction spending (Mar) and pending home sales (Mar); Italian PPI (Mar).

[More...]

Orient-Express Hotels Reports Second Quarter 2009 Results

Wed, 05 Aug 2009 21:49:00 GMT

Second Quarter 2009 Earnings Summary
Orient-Express Hotels Ltd. , owners or part-owners and managers of 50 luxury hotels, restaurants, tourist trains and river cruise properties operating in 25 countries, today announced its results for the second quarter ended June 30, 2009.
The net loss from continuing operations for the period was $2.6 million (loss of $0.04 per common share) compared with net earnings from continuing operations of $21.3 million ($0.50 per common share) in the second quarter of 2008.

[More...]

StreetInvesting.Com Free Research on WMB, ANN, LDK, GVA, EQR and OEH

Mon, 20 Jul 2009 14:18:00 GMT

Investors seeking the best unbiased research on Williams Companies Inc. (NYSE: WMB), AnnTaylor Stores Corp. (NYSE: ANN), LDK Solar Co.Ltd.
(NYSE: LDK), Granite Construction Incorporated (NYSE: GVA), Equity Residential (NYSE: EQR) and Orient-Express Hotels Ltd. (NYSE: OEH) should sign up to StreetInvesting.com today to gain free access to the most educational research reports on the web.
Click Below to Sign up for a free 6 to 8 page report on any of the 6 companies mentioned in this release.

[More...]

Orient-Express Hotels Ltd. Second Quarter 2009 News Release and Conference Call

Thu, 09 Jul 2009 13:28:00 GMT

Orient-Express Hotels Ltd. will release its second quarter earnings on Wednesday August 5, 2009 after the market closes and will host a conference call for the investment community on Thursday August 6, 2009 at 10.00 am ET . Conference ID: Orient-Express.[More...]

Mitchell C. Hochberg Appointed to the Board of Orient-Express Hotels Ltd.

Mon, 15 Jun 2009 12:12:00 GMT

Orient-Express Hotels Ltd. , owners and operators of 50 deluxe leisure properties in 25 countries, today announced that Mitchell C. Hochberg has been elected to the Board of Directors at the Company's Annual General Meeting of Shareholders on June 5, 2009.[More...]

Orient-Express Hotels Sells Lapa Palace Hotel, Lisbon

Tue, 02 Jun 2009 20:56:00 GMT

Orient-Express Hotels Ltd. , owners or part-owners and managers of 51 luxury hotels, restaurants, tourist trains and river cruise properties operating in 25 countries, today confirmed that it has sold its Lisbon hotel, Lapa Palace, to a private Portuguese investor for EUR29.4 million, .[More...]

Orient-Express Hotels Reports First Quarter 2009 Results

Wed, 06 May 2009 21:50:00 GMT

HAMILTON, Bermuda, May 6 /PRNewswire-FirstCall/ --
Orient-Express Hotels Ltd. , owners or part-owners and managers of 51 luxury hotels, restaurants, tourist trains and river cruise properties operating in 25 countries today announced its results for the first quarter ended March 31, 2009.
The net loss for the period was $14.6 million (loss of $0.29 per common share) on revenue of $91.0 million, compared with a net loss of $4.3 million (loss of $0.10 per common share) on revenue of $119.9 million in the first quarter of 2008.

[More...]

Orient-Express Hotels Announces Pricing of Common Share Offering

Wed, 29 Apr 2009 12:15:00 GMT

Orient-Express Hotels Ltd. , today announced the pricing of its public offering of 22,500,000 Class A common shares at a price of $5.75 per share. The Company has granted the underwriters an option to purchase up to an additional 3,375,000 shares to cover over-allotments, if any. Subject to customary conditions, the offering is expected to close on or about Monday, May 4, 2009.[More...]