Yahoo! Canada Finance: US Markets News

Research and Markets: A Review of the Taiwanese CDT Monitor Industry 2Q 2008

Fri, 04 Jul 2008 02:00:28 GMT

Business Wire - Research and Markets (http://www.researchandmarkets.com/resea rch/c8b87a/the_taiwanese_cdt) has announced the addition of the "The Taiwanese CDT Monitor Industry, 2Q 2008" report to their offering.

MTI Amends Registration Statement

Thu, 03 Jul 2008 22:01:42 GMT

Business Wire - Mechanical Technology, Incorporated (MTI, NASDAQ: MKTY), a company primarily engaged in the development and commercialization of Mobion® off-the-grid portable power solutions through its subsidiary MTI MicroFuel Cells Inc. (MTI Micro), and in the design, manufacture, and sale of test and measurement instruments and systems through its subsidiary MTI Instruments, Inc., today announced that due to current market conditions, it has filed an amendment to its registration statement on Form S-1 previously filed on May 22, 2008 with the U.S. Securities and Exchange Commission converting its proposed public offering to units consisting of convertible senior notes and warrants to purchase shares of MTI common stock from units consisting of shares of common stock and warrants to purchase shares of common stock.

Ferro Corporation Announces Pricing for Tender Offer and Consent Solicitation

Thu, 03 Jul 2008 21:54:34 GMT

Business Wire - Ferro Corporation (NYSE: FOE) ("the Company"), today announced the tender offer consideration and the total consideration to be paid in connection with the offer to purchase all of its outstanding 9 1/8% Senior Notes due in January 2009 (the "Notes") being conducted pursuant to the terms of and subject to the conditions in the Offer to Purchase and Consent Solicitation Statement and the related Letter of Transmittal, each dated June 20, 2008 (the “Offer to Purchase”).

Dassault Systemes and Sogeti Group Sign Industry Solution Alliance

Thu, 03 Jul 2008 21:31:23 GMT

Business Wire - Dassault Systèmes (DS) (Nasdaq: DASTY; Euronext Paris: #13065, DSY.PA), a world leader in 3D and Product Lifecycle Management (PLM) solutions, and Sogeti Group, a member of the Capgemini Group, today announced that they have signed an industry solution alliance.

Bentley Pharmaceuticals & Teva Pharmaceutical Industries Ltd. Merger Consideration Established at $14.82 Per Share

Thu, 03 Jul 2008 21:31:02 GMT

Business Wire - Bentley Pharmaceuticals, Inc. (“Bentley”) (NYSE: BNT) announced that the aggregate cash purchase price for its acquisition by Teva Pharmaceutical Industries Ltd. (“Teva”) has been adjusted in accordance with the merger agreement after completion of the previously announced taxable spin-off of its drug delivery business, CPEX Pharmaceuticals, Inc. (“CPEX”)(NASDAQ: CPEX).

Introgen Reduces Development Staff to Focus on Commercial Activities after ADVEXIN Regulatory Filings in U.S. and Europe

Thu, 03 Jul 2008 21:30:17 GMT

Business Wire - Introgen Therapeutics, Inc. (NASDAQ:INGN) today announced a re-allocation of employees to focus on regulatory review and commercial activities.

Citi Appoints Marty Lippert as Chief Information Officer, and Corporate O&T Chief Operating Officer

Thu, 03 Jul 2008 20:52:24 GMT

Business Wire - Citi today named Marty Lippert Citi Chief Information Officer and Corporate Operations and Technology Chief Operating Officer.

ESSA Bancorp, Inc. Added to Russell 3000 Index

Thu, 03 Jul 2008 20:26:26 GMT

Business Wire - ESSA Bancorp, Inc. [NASDAQ Global MarketSM: ESSA] today announced it has been added to the Russell 3000® Index after the Russell Investment Group reconstituted its comprehensive set of U.S. and global equity indexes on June 27, 2008.

Omni Financial Services Receives Nasdaq Notice of Non-Compliance

Thu, 03 Jul 2008 20:15:22 GMT

Business Wire - Omni Financial Services, Inc. (NASDAQ: OFSI) (the “Company”), the bank holding company for Omni National Bank, today announced that on July 2, 2008, the Company received a letter from the Listing Qualifications Staff of The Nasdaq Stock Market (the “Staff”) notifying the Company that it fails to comply with Nasdaq’s minimum bid price requirement for continued listing set forth in Nasdaq Marketplace Rule 4450(a)(5) (the “Rule”), which requires companies to maintain a minimum closing bid price of $1.00 per share.

TheKnot.com Announces Record-Breaking New Membership from January Through June 2008

Thu, 03 Jul 2008 20:13:22 GMT

Business Wire - The Knot Inc. (NASDAQ: KNOT) is pleased to announce that the company’s flagship brand, TheKnot.com, celebrated its highest number of new registered members during the first half of 2008 than in any first two quarters in the company’s history.

International Shipholding Corporation Added to Russell 2000(R) Index and Russell 3000(R) Index

Thu, 03 Jul 2008 20:09:21 GMT

Business Wire - International Shipholding Corporation (NYSE: ISH) today announced it has been added to the Russell 2000® Index and the Russell 3000® Index after the Russell Investment Group reconstituted its comprehensive set of U.S. and global equity indexes on June 27, 2008.

Cash America Appoints Dennis J. Weese as President and Chief Operating Officer of Its Retail Services Division

Thu, 03 Jul 2008 20:02:20 GMT

Business Wire - Cash America International, Inc. (NYSE: CSH) announced today that it has appointed Dennis J.

Beacon Power Files New Shelf Registration with SEC

Thu, 03 Jul 2008 20:00:56 GMT

Business Wire - Beacon Power Corporation (NASDAQ: BCON), a company that designs and develops advanced products and services to support more stable, reliable and efficient electricity grid operation, has filed a registration statement on Form S-3 with the Securities and Exchange Commission (SEC) to register shares sufficient to raise up to $60 million in new investment.

Rock-Tenn Company Announces Price Increase on all Recycled Paperboard Grades

Thu, 03 Jul 2008 20:00:39 GMT

Business Wire - Rock-Tenn Company (NYSE: RKT) Effective with shipments July 14, 2008 Rock-Tenn’s Paperboard Division will increase all coated and uncoated recycled paperboard prices $50 per ton. Unprecedented increases in the cost of manufacturing makes this short notice of implementation necessary.

Savient Announces U.S. Court of Appeals Affirmation of the Dismissal of Securities Class Action Complaint

Thu, 03 Jul 2008 19:43:25 GMT

Business Wire - Savient Pharmaceuticals, Inc. (NASDAQ:SVNT) today announced that the United States Court of Appeals for the Third Circuit has entered a Judgment affirming the decision of the U.S.

Sogeti USA Counted among Top Finalists for the 2008 Microsoft Partner of the Year Award in Advanced Infrastructure Solutions, Windows Desktop Deployme

Thu, 03 Jul 2008 19:30:23 GMT

Business Wire - Sogeti USA announced today that it has been selected by Microsoft as a finalist for the Microsoft Partner of the Year award in Advanced Infrastructure Solutions, Windows Desktop Deployment.

Celanese Announces Emulsion Polymers Price Increase in North America

Thu, 03 Jul 2008 19:00:37 GMT

Business Wire - Celanese, a global leader in emulsion polymers, announced today that it will increase the price of all vinyl-based and acrylic-based emulsions sold in North America according to the following schedule.

Introduction to Business Intelligence is Newest Addition to Learning Tree Business and Data Analysis Curriculum

Thu, 03 Jul 2008 19:00:16 GMT

Business Wire - Learning Tree International (NASDAQ NM:LTRE) has added a new 3-day course to its management-oriented curricula.

USANA Health Sciences Announces Recommendation by Special Committee of Board of Directors that Shareholders Reject the Amended Tender Offer

Thu, 03 Jul 2008 18:57:24 GMT

Business Wire - USANA Health Sciences, Inc. (NASDAQ: USNA) today announced that the Special Committee of its Board of Directors has unanimously determined that the amended tender offer announced on June 30, 2008, by Unity Acquisition Corp. (the “Purchaser”) and certain shareholders of USANA, including Myron W.

Northwest Airlines Reports June Traffic

Thu, 03 Jul 2008 18:25:25 GMT

Business Wire - Northwest Airlines (NYSE: NWA) today announced a June consolidated (mainline and regional) load factor of 86.8 percent, 1.2 points below June 2007.

Research and Markets: Political Corruption in America: An Encyclopedia of Scandals, Power & Greed Contains More Than 250 A-Z Entries

Thu, 03 Jul 2008 18:15:19 GMT

Business Wire - Research and Markets (http://www.researchandmarkets.com/resea rch/8315e8/political_corrupti) has announced the addition of the "Political Corruption in America: An Encyclopedia of Scandals, Power & Greed" report to their offering.

RCN Starts Digital Revolution in Boston on Fourth of July, Declaring Independence from Analog Bandwidth

Thu, 03 Jul 2008 18:10:19 GMT

Business Wire - RCN Corporation (NASDAQ: RCNI), a leading provider of video, data, and voice services to residential, business and commercial/carrier customers, announced that it will begin a digital revolution in Boston on Independence Day when it starts switching to all digital Cable TV programming.

Celanese Corporation Declares Common and Preferred Share Dividends

Thu, 03 Jul 2008 18:00:15 GMT

Business Wire - Celanese Corporation (NYSE:CE), a global, integrated chemical company, today declared quarterly dividends of $0.04 per share on its common stock and $0.265625 per share on its 4.25% convertible perpetual preferred stock, both payable on August 1, 2008.

Voluntary Delisting and Deregistration of Its Common Stock and Repositioning of Its Mortgage Lending Operation Announced by AmericasBank Corp.

Thu, 03 Jul 2008 17:50:21 GMT

Business Wire - AmericasBank Corp. (Nasdaq:AMAB), the parent company of AmericasBank, announced today it has notified the Nasdaq Stock Market LLC of its intent to delist its common stock from the Nasdaq Capital Market, and that it intends to deregister its common stock under the Securities Exchange Act of 1934 and cease filing reports with the Securities and Exchange Commission.

Cohen, Milstein, Hausfeld & Toll, P.L.L.C. Files Class Action Lawsuit Against NexCen Brands, Inc.

Thu, 03 Jul 2008 17:41:18 GMT

Business Wire - The law firm of Cohen, Milstein, Hausfeld & Toll, P.L.L.C. announced today that it has filed a class action complaint in the United States District Court for the Southern District of New York on behalf of purchasers of NexCen Brands, Inc. common stock (“NexCen” or the “Company”) (Nasdaq:NEXC) from May 10, 2007 through May 19, 2008, inclusive (the “Class Period”).

Sunoco, Inc. Declares Quarterly Dividend of 30.0 Cents Per Share on Common Stock

Thu, 03 Jul 2008 17:13:23 GMT

Business Wire - Sunoco, Inc.’s (NYSE:SUN) Board of Directors today declared a cash dividend for the third quarter of 2008 of 30.0 cents per share on all full shares of common stock outstanding, payable September 10, 2008 to shareholders of record at the close of business on August 11, 2008.

Deutsche Bank Hires Bernardo Parnes as Chief Country Officer in Brazil

Thu, 03 Jul 2008 17:07:19 GMT

Business Wire - Deutsche Bank today announced that Bernardo Parnes will join the firm as of August as a Managing Director and Chief Country Officer for Deutsche Bank Brazil (Deutsche Bank S.A. – Banco Alemão) and a member of the Deutsche Bank Americas Executive Committee.

Newport Bancorp, Inc. Completes Second Stock Repurchase Program

Thu, 03 Jul 2008 17:01:19 GMT

Business Wire - Newport Bancorp, Inc. (the “Company”) (Nasdaq: NFSB), the holding company for Newport Federal Savings Bank, announced today that it has completed its second stock repurchase program.

The Sunless Tanners Market in the United States 2008-2012: Trends, Forecasts and Consumer Attitudes

Thu, 03 Jul 2008 17:00:41 GMT

Business Wire - Research and Markets (http://www.researchandmarkets.com/resea rch/c2ff22/sunless_tanners_in) has announced the addition of the "Sunless Tanners in the United States 2008" report to their offering.

Wyeth and Progenics Receive Approval from European Commission for RELISTOR for Opioid-Induced Constipation in Advanced Illness Patients

Thu, 03 Jul 2008 16:57:26 GMT

Business Wire - Wyeth Pharmaceuticals, a division of Wyeth (NYSE: WYE), and Progenics Pharmaceuticals, Inc. (Nasdaq: PGNX), today announced that the companies have received marketing approval for RELISTOR™ (methylnaltrexone bromide) subcutaneous injection from the European Commission.

MTR Gaming Group to Present at the Oppenheimer & Co. 8th Annual Consumer Growth Conference Incorporating the Gaming, Lodging & Leisure Conference

Thu, 03 Jul 2008 16:56:22 GMT

Business Wire - MTR Gaming Group, Inc. (NasdaqGS:MNTG) today announced that management will present at the Oppenheimer & Co. 8th Annual Consumer Growth Conference incorporating the Gaming, Lodging & Leisure Conference on July 10th, 2008 at 1:15 pm EDT.

SJW Corp. Promotes Angela Yip to Executive Vice President of Finance and Appoints David A. Green as Chief Financial Officer

Thu, 03 Jul 2008 16:30:51 GMT

Business Wire - Today SJW Corp. (NYSE:SJW) announced new management appointments to become effective on August 11, 2008.

Pepco Holdings, Inc., Cited for Leadership in Diversity

Thu, 03 Jul 2008 16:27:15 GMT

Business Wire - Pepco Holdings, Inc., (NYSE:POM) has been recognized as one of Black Enterprise Magazine’s 40 Best Companies for Diversity in employee programs and business practices for the fourth consecutive year.

Hanover Capital Mortgage Holdings Announces Notification by the American Stock Exchange of De-Listing

Thu, 03 Jul 2008 16:22:47 GMT

PRNewswire - Hanover Capital Mortgage Holdings, Inc. (Amex: HCM) (the "Company" or "HCM") announced today that on July 2, 2008 the Company received notice from the American Stock Exchange ("Amex") or ("Exchange") Staff indicating that, after reviewing the Company's Plan previously submitted to the Exchange on May 8, 2008, the Staff has determined that the Plan does not make a reasonable demonstration of the Company's ability to comply with the Exchange's continued listing standards set forth in Sections 1003(a)(i) and (iv) of the Amex Company Guide due to (i) stockholder's equity of less than $2,000,000 and losses from continuing operations and net losses in two out of its three most recent fiscal years and (ii) the Company had sustained losses which are so substantial in relation to its overall operations or its financial condition had become so impaired that it appeared questionable, in the opinion of the Exchange, as to whether the Company will be able to continue operations and /or meet obligations as they mature.

ONN.tv Discusses Impact of Asia on Options Market with Bill Brodsky, CEO of the CBOE

Thu, 03 Jul 2008 16:10:24 GMT

Business Wire - StreetSmarts, a weekly interview program hosted by www.onn.tv, interviewed Bill Brodsky, Chairman and CEO of the CBOE, the Chicago Board Options Exchange, in a special segment found only on The Options News Network.

Samson Oil & Gas Clarifies Issuance of Ordinary Share Options at an Equivalent ADR Price of US$4.80

Thu, 03 Jul 2008 16:08:23 GMT

Business Wire - Samson Oil & Gas Limited (AMEX:SSN)(ASX:SSN) has been advised by some of its shareholders that its previous announcement concerning the grant of a five-year option to an officer for the purchase of 2,000,000 ordinary shares at a price of A$0.25 per ordinary share (the “Option”) may have been misinterpreted by US investors on account of the differences between its American Depositary Receipts (ADRs) traded on the American Stock Exchange and its Ordinary Shares traded on the Australian Securities Exchange.

Max Specialty Insurance Company Adds Colorado, is Now an Eligible Surplus Lines Insurer in 48 States

Thu, 03 Jul 2008 16:05:25 GMT

Business Wire - Stephen J. Vaccaro, Jr., President and Chief Executive Officer of Max Specialty Insurance...

Information on FAF Advisors' Closed-end Funds

Thu, 03 Jul 2008 16:04:21 GMT

Business Wire - American Strategic Income Portfolio Inc. (“ASP”), American Strategic Income Portfolio Inc. – II (“BSP”), American Strategic Income Portfolio Inc. – III (“CSP”) and American Select Portfolio Inc. (“SLA”) announced today that they have reached an agreement in principle with a third party lender to obtain four separate credit facilities that would be sufficient to refinance in full all amounts outstanding under the funds’ current loan agreements with Morgan Stanley Mortgage Capital Holdings LLC (“Morgan Stanley”).

Trading the US Markets Will Help You to Make Sound Judgments about Your Trading Decisions -- Where to Trade, What to Trade, When to Trade and How to T

Thu, 03 Jul 2008 16:02:19 GMT

Business Wire - Research and Markets (http://www.researchandmarkets.com/resea rch/5ddb4b/trading_the_us_mar) has announced the addition of the "Trading The US Markets" report to their offering.

Celanese to Hold Second Quarter Earnings Conference Call on July 22

Thu, 03 Jul 2008 16:01:13 GMT

Business Wire - Celanese Corporation (NYSE: CE), a global, integrated chemical company, today announced that it will host a conference call to discuss its 2008 second quarter results on Tuesday, July 22, 2008, beginning at 9:00 a.m. Central Time/10:00 a.m.

Research and Markets: AT&T Chooses Ramco Systems to Deliver its Product in the Software-As-A-Service Format

Thu, 03 Jul 2008 16:00:56 GMT

Business Wire - Research and Markets (http://www.researchandmarkets.com/resea rch/75d838/whats_news_ramc) has announced the addition of the "What’s News?: Ramco Systems Delivers Software-As-A-Service via AT&T" report to their offering.

Pioneer Investments Declares Monthly Distributions for Closed-End Funds

Thu, 03 Jul 2008 15:59:25 GMT

Business Wire - Pioneer Investments today announced the declaration of dividends for six closed-end funds for July 2008.

A.M. Best Places Ratings of The Cincinnati Financial Corporation and Its Subsidiaries Under Review With Negative Implications

Thu, 03 Jul 2008 15:31:24 GMT

Business Wire - A.M. Best Co. has placed the financial strength ratings (FSR) of A++ (Superior) and issuer...

Ambac Announces Board Authorization for $50 Million Stock Repurchase Program

Thu, 03 Jul 2008 15:27:23 GMT

Business Wire - Ambac Financial Group, Inc. (NYSE: ABK) (Ambac) announced today that its Board of Directors has authorized up to $50 million for share repurchases of its common stock.

A.M. Best Comments on UnitedHealth Group Inc.'s Earnings Guidance and Settlements

Thu, 03 Jul 2008 15:24:20 GMT

Business Wire - A.M. Best Co. has commented that the ratings of UnitedHealth Group Inc. (UnitedHealth) (Minnetonka,...

Templeton Global Income Fund (''GIM'') Announces Dividend

Thu, 03 Jul 2008 15:17:19 GMT

Business Wire - Templeton Global Income Fund (NYSE:GIM) today announced its regular monthly dividend from net investment income of $0.042 per share, payable on July 31, 2008 to shareholders of record on July 16, 2008 (Ex-Dividend Date: July 14, 2008).

Kraft Foods to Report Second Quarter Results on July 28, 2008

Thu, 03 Jul 2008 15:11:27 GMT

Business Wire - Kraft Foods Inc. (NYSE: KFT) will release its second quarter financial results on July 28, 2008, at 7 a.m.

Syntel to Announce Second Quarter Results on Thursday, July 24, 2008

Thu, 03 Jul 2008 15:03:23 GMT

Business Wire - Syntel, Inc. (NASDAQ: SYNT), a global Applications Outsourcing and Knowledge Process Outsourcing (KPO) company, will announce results for the Second Quarter 2008, before the market opens on Thursday, July 24, 2008.

2K Games Announces Partnership with Digital Extremes

Thu, 03 Jul 2008 15:00:28 GMT

Business Wire - 2K Games, a publishing label of Take-Two Interactive Software, Inc. (NASDAQ: TTWO), announced today that it has signed an agreement with Digital Extremes to assist in the development of BioShock® for the PLAYSTATION®3 computer entertainment system.

Sonoco to Close Montreal, Quebec, Canada, Paperboard Mill

Thu, 03 Jul 2008 14:48:49 GMT

Business Wire - Sonoco (NYSE: SON), one of the largest diversified global packaging companies, announced today that it will permanently close its Montreal, Quebec, Canada, uncoated recycled paperboard mill, effective August 27, 2008, according to James Harrell, division vice president and general manager, Paper North America.

Research and Markets: Recent Report 'AT&T: Online Experience Explored - Plus New Primary Research With 20K' Explores AT&T's Best Practices and Innovat

Thu, 03 Jul 2008 14:45:18 GMT

Business Wire - Research and Markets (http://www.researchandmarkets.com/resea rch/2211b2/att_online_exper) has announced the addition of the "AT&T: Online Experience Explored ~ Plus new primary research with 20K" report to their offering.

Discover(R) Card Rewards U.S. Troops and Their Families This Independence Day Through Labor Day with Double Cashback Bonus(R) on Purchases Made at U.S

Thu, 03 Jul 2008 14:33:14 GMT

Business Wire - Discover Financial Services (NYSE: DFS) announced today that they will be giving Double Cashback Bonus® or Double Miles to all Discover Cardmembers who make purchases at U.S. military bases from July 4th through Labor Day.

EMC Insurance Group Inc. Revises Guidance as a Result of Record Storm Losses in the Midwest and Comments on Recent Midwest Floods

Thu, 03 Jul 2008 14:31:22 GMT

Business Wire - EMC Insurance Group Inc. (Nasdaq:EMCI) today announced that as a result of a record amount of Midwest storm losses during the second quarter, including the devastating tornado in Parkersburg, Iowa, management has revised its 2008 operating income1 guidance to a range of $1.20 to $1.45 per share from the previous range of $2.10 to $2.35 per share.

Seligman Select Municipal Fund, Inc. Declares July Income Dividend Distribution

Thu, 03 Jul 2008 14:31:02 GMT

Business Wire - Directors of Seligman Select Municipal Fund, Inc. (NYSE: SEL) today declared an income dividend of $0.036 per common share.

X-Rite Announces Agreement for Sale of Former Headquarters; Amendment of Promissory Note

Thu, 03 Jul 2008 14:30:41 GMT

Business Wire - X-Rite, Incorporated, (NASDAQ: XRIT) a global leader in color technology, today announced that it has reached an agreement for the sale of its former headquarters and manufacturing facility located in Grandville, Michigan for $10 million.