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Poverty as Entertainment: Slum Tourism, Entrepreneurs, and Goodwill Ambassadors
Friday, September 4, 2009 - 7:44am | 730A few years ago I was in Sierra Leone, just a week after Angelina Jolie, in her capacity as Goodwill Ambassador for the United Nations High Commissioner for Refugees, had visited. The owner of the Crown Bakery, the cleanest and best place to eat lunch in downtown Freetown, proudly pointed out the...
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Soleil Downgrades General Mills (GIS) to Hold from Buy
Wednesday, September 2, 2009 - 9:36am | 38Soleil downgraded General Mills, Inc.(NYSE: GIS) as Soleil believes the sentiment on the stock is positive and there is a lack of upside to guidance. The firm has a $62 target on shares
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Bloomberg: Shipping Rates Seen Falling 50% on China, Fleet Size
Monday, August 31, 2009 - 4:02pm | 2005As the Baltic Dry Index (a global shipping "price" mechanism) scuffles back to early May levels despite a "recovering global economy" one must ask what are the drivers? We were raising the question nearly a month ago [Aug 7, 2009: Baltic Dry Index has Worst Week Since October 2008 - Blame China....
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Broadcast International (BCST) Announces its Recent Success
Monday, August 31, 2009 - 7:48am | 49Broadcast International, Inc. (OTCBB: BCST) announced a presentation highlighting a substantial new sales contract as well as another recent 8-K filing in its broadcast. The video presentation will also cover upcoming events, as well as the Company’s goals and vision moving forward.
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J.M. Smucker (SJM) fiscal 1Q earnings top expectations
Friday, August 21, 2009 - 11:17am | 96J.M. Smucker Co. (NYSE: SJM), maker of jams, jellies and Jif peanut butter, said Friday its fiscal first-quarter profit more than doubled, mostly on increased sales from last year's acquisition of the Folgers coffee business. Smucker said it earned $98.1 million, or 83 cents per share, in the...
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Allied Nevada Announces Filing of Prospectus Supplement
Tuesday, August 18, 2009 - 6:15pm | 1156RENO, NEVADA--(Marketwire - Aug. 18, 2009) - Allied Nevada Gold Corp. ("Allied Nevada" or the "Company") (TSX:ANV)(NYSE Amex:ANV) is pleased to announce that, in connection with its previously announced offering on a bought deal basis (the "Offering") of shares of common stock (the "Common Shares...
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Canadian Royalties Adopts Shareholder Rights Plan
Tuesday, August 18, 2009 - 5:41pm | 743MONTREAL, QUEBEC--(Marketwire - Aug. 18, 2009) - Canadian Royalties Inc. (the "Company", or "Canadian Royalties") (TSX:CZZ) has adopted a shareholder rights plan (the "Rights Plan"). The Rights Plan has been adopted to ensure the fair treatment of all Canadian Royalties' securityholders in...
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Nexia Signs Contract to Acquire Revel Entertainment
Tuesday, August 18, 2009 - 5:00pm | 464SALT LAKE CITY, UT--(Marketwire - August 18, 2009) - Nexia Holdings, Inc. (PINKSHEETS: NXHD), announced that it has signed an agreement to acquire a 100% interest in Revel Entertainment, LLC from Ben Gourley. Revel Entertainment has played a role in producing independent films, such as "Moving...
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CIB Marine Bancshares, Inc. Extends Time for Holders of Trust Preferred Securities to Vote on Reorganization Plan
Tuesday, August 18, 2009 - 4:30pm | 353PEWAUKEE, WI--(Marketwire - August 18, 2009) - CIB Marine Bancshares, Inc. (PINKSHEETS: CIBH) (CIB MARINE) said today that it has decided to extend the time allowed for voting on its proposed reorganization plan after learning it had not yet received sufficient votes from its trust preferred...
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Vinvision, Inc. Secures $6 Million in Construction and SBA Financing From Bridge Bank
Tuesday, August 18, 2009 - 4:30pm | 1035SAN JOSE, CA--(Marketwire - August 18, 2009) - Bridge Capital Holdings (NASDAQ: BBNK), whose subsidiary is Bridge Bank, National Association, a full-service business bank headquartered in Silicon Valley, announced today, it has provided financing to Vinvision to support their increasing sales...
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Enbridge Income Fund Announces Cash Distribution
Tuesday, August 18, 2009 - 4:15pm | 228CALGARY, ALBERTA--(Marketwire - Aug. 18, 2009) - Enbridge Income Fund (TSX:ENF.UN) today announced that a monthly cash distribution, in the amount of $0.096 per trust unit, will be paid on September 15, 2009, to unitholders of record on August 31, 2009. A cash distribution of $0.096 per unit was...
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American Dental Partners Announces Common Stock Offering
Tuesday, August 18, 2009 - 4:06pm | 436WAKEFIELD, MA--(Marketwire - August 18, 2009) - American Dental Partners, Inc. (NASDAQ: ADPI) announced today that it has commenced a public offering of 2,260,000 shares of common stock. American Dental Partners will grant the underwriter in the offering an option to purchase up to 339,000...
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Overwhelmingly Positive Feedback From Loyal Big Rock Drinkers Means Big Rock Lime Here to Stay
Tuesday, August 18, 2009 - 4:06pm | 530CALGARY, ALBERTA--(Marketwire - Aug. 18, 2009) - Editors Note: There are two photos associated with this Press Release. Big Rock Brewery Income Trust (TSX:BR.UN) - Loyal Big Rock drinkers showed their support for the Canadian-owned craft brewery and the launch of their newest brew: Big Rock Light...
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Proxim Wireless Reports Second Quarter 2009 Financial Results
Tuesday, August 18, 2009 - 4:00pm | 2087SILICON VALLEY, CA--(Marketwire - August 18, 2009) - Proxim Wireless Corporation (OTCQX: PRXM) (PINKSHEETS: PRXM), a leading provider of end-to-end broadband wireless systems that deliver the quadruple play, today released financial results for the second quarter ended June 30, 2009. Financial...
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Helios & Matheson Reports Receipt of Letter From NASDAQ on Continued Listing Standards
Tuesday, August 18, 2009 - 3:30pm | 606NEW YORK, NY--(Marketwire - August 18, 2009) - Helios & Matheson North America Inc. (the "Company" or "Helios & Matheson") (NASDAQ: HMNA), an IT and Business Process Outsourcing ("BPO") services provider to Fortune 1000 Companies and other large organizations, reported that it received a...