Wallstreet123's Personal Finance Blog

Web.com Group, Inc. (Nasdaq:WWWW) announced that the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, or HSR, for Web.com's previously announced acquisition of privately-held Network Solutions has expired. Expiration of the HSR waiting period satisfies one of the conditions to the closing of the acquisition as specified in the Purchase Agreement, dated August 3, 2011, between Web.com Group, Inc. and Net Sol Holdings, LLC, which owns Network Solutions. In addition, Web.com announced that the special stockholders meeting to approve the issuance of shares as outlined in the Purchase Agreement will be held on Tuesday, October 25, 2011 at 3:30 p.m. Eastern Time at the Web.com Corporate Offices, located at 12808 Gran Bay Parkway West, Jacksonville, FL 32258. Holders of record of Web.com common shares at the close of business on Monday, September 12, 2011, the record date for the special meeting, are entitled to vote at the special meeting.

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Ares Capital Corporation (NASDAQ:ARCC) announced the closing of the first investment by the newly formed project finance team of its investment adviser, Ares Capital Management LLC. Ares Capital acted as the lead second lien debt investor by committing $59 million in a $110 million second lien term loan in support of the refinancing of La Paloma Generating Company, a four-unit, 1,022 MW natural gas-fired power facility located in Kern County, CA. La Paloma is owned by EIG Global Energy Partners and Rockland Capital, among other investors. Rockland Capital is also the asset manager of the project.

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Crown Equity Holdings Inc. (CRWE)

Today lots of businesses are making the switch to Voice over Internet Protocol (or VoIP for short) as a way to save money on expensive monthly telephone bills. Of course consumers are also taking advantage of internet telephony but it is the business world that typically has the most to gain by incorporating VoIP into their telephone service, for a number of reasons.

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With 100 years of facility services experience, we continue to serve thousands of customers across the U.S. and British Columbia, Canada.

ABM offers:

Janitorial
Parking
Security
Engineering/Maintenance
Energy
Landscape & Golf


Because ABM is one of the largest facilities services contractors in the U.S., we can offer you state-of-the-art services cost effectively. Our substantial base of long-term customers demonstrates the importance that we place on building enduring relationships.

As an ABM customer, you have the advantage of obtaining multiple services under one contract with a single point of contact, making it easy for you to outsource these functions without administrative headaches. We provide any or all services on a local, regional or national basis.

In everything we do, you’ll see how we’ve earned a reputation for integrity and high levels of performance. For the next 100 years, we’re dedicated to maintaining that reputation and keeping our customers happy.







Ampco System Parking has been awarded a multi-year contract to manage parking operations at Missouri’s Lambert-St. Louis International Airport (STL). Ampco System Parking is a subsidiary of ABM Industries Incorporated (NYSE:ABM), a leading provider of integrated facility services.

Ranked as the 30th busiest airport in the U.S. by Airports Council International North America, Lambert-St. Louis International Airport served more than 12 million passengers in 2010.

Under the terms of the multi-million dollar contract, which began September 1, Ampco will operate and oversee 8,800 parking spaces across STL’s two parking garages and four surface parking lots. Additionally, Ampco will manage five separate shuttle routes with a fleet of 37 shuttles to transport airport customers to and from remote parking facilities. Approximately 230 Ampco employees will be engaged in providing parking services at the airport.

In addition to the contract with Lambert-St. Louis International Airport, Ampco provides parking services at many other key airports around the country, including: Tampa, Orlando, Austin, Colorado Springs, Omaha, LaGuardia, JFK, Newark, Minneapolis, Wichita and Long Beach.

Ampco System Parking manages nearly 2,000 office, airport, hotel, hospital, retail, education, entertainment and other multi-use parking operations across the U.S. Among other services, Ampco provides: parking management; shuttle transportation services; valet parking; on-and-off-street meter collections and enforcement; rate analysis and recommendations; parking utilization analysis; and consulting on pre-construction design, equipment procurement/installation and layout of parking facilities.

For more information visit www.abm.com.

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Crown Equity Holdings Inc. (CRWE)

Voice over Internet protocol (VoIP) has recently become more common in corporations large and small. By combining separate voice and data transmissions onto the same line, this new communications option enables companies to lower their telecommunications costs and, after taking advantage of the savings, companies are looking to extend VoIP's benefits.

Read full article and disclaimer at: http://crwewallstreet.com/?p=21386

Global Hunter (GBLHF.PK)

In addition to being useful in manufacturing, copper is also a vital dietary nutrient, although only small amounts of the metal are needed for well-being. Copper appears in several enzymes, facilitates the absorption of iron, and helps to transmit electrical signals in the body. In high doses, however, the metal can be extremely toxic. Copper can also saturate the water and soil, posing risks to wildlife. On a more benign level, copper can stain clothing and flesh, as many people have probably noticed.

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Sonoco Products Company (NYSE:SON) announced that it has been selected to the Dow Jones Sustainability World Index (DJSI World) for the third consecutive year. DJSI World is comprised of the leading global companies in terms of economic performance, environmental stewardship and social responsibility. Dow Jones Sustainability Indexes are determined following an annual review by SAM, an investment boutique focused exclusively on sustainability investing, along with Dow Jones Indexes.

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American Financial Group, Inc. (NYSE:AFG) announced that David J. Witzgall, Vice President & Treasurer, and Diane P. Weidner, Assistant Vice President, will make a company presentation at the 2011 INVESTOhio Equity Conference being held at The Hilton Easton in Columbus, Ohio on Thursday, September 22, 2011 at 11:25 am (ET). Their presentation will be broadcast live over the Internet via a webcast link within the Investor Relations section of AFG's website, www.AFGinc.com.

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Platinum Underwriters Holdings, Ltd. (NYSE:PTP) will report financial results for the quarter ended September 30, 2011 after the close of trading on the New York Stock Exchange on Tuesday, October 18, 2011. The Company will host a teleconference to discuss the financial results on Wednesday, October 19, 2011 at 8:00 a.m. Eastern time. The call may be accessed by dialing 800-656-7435 (US callers) or 913-312-1430 (international callers) or in a listen-only mode via the Investor Relations section of Platinum's website at www.platinumre.com.

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CenturyLink, Inc. (NYSE:CTL) announced that its subsidiary, Qwest Corporation, agreed to sell $500 million aggregate principal amount of 7.50% Notes due 2051. Qwest Corporation also granted the underwriters of this offering an option to acquire up to an additional $75.0 million principal amount of these notes to cover over-allotments. The notes are callable at par on and after September 15, 2016. The closing of this offering is expected to occur on September 21, 2011.

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Ryder System, Inc. (NYSE:R) Executive Vice President and Chief Financial Officer Art Garcia will present a Company update at the 2011 RBC Capital Markets' Global Industrials Conference. Ryder System, Inc. Executive Vice President and Chief Financial Officer Art, Garcia. 2011 RBC Capital Markets Global Industrials Conference. Mandarin Oriental, Las Vegas, Nev. Sept. 20, 2011. Time: 3:55 p.m. 4:25 p.m. PST, Webcast: To access the live webcast, visit http://investors.ryder.com.

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Asia Pacific Wire & Cable Corporation (NASDAQ:APWC)

Asia Pacific Wire & Cable Corporation Limited, announced unaudited consolidated results for the second quarter and first half ended June 30, 2011.

Asia Pacific Wire & Cable Corporation is principally engaged in the manufacture and distribution of telecommunications (copper and fiber optic) and power cable and enameled wire products in the Asia Pacific region, primarily in Thailand, China, Singapore and Australia. The Company also provides project engineering services in the supply, delivery and installation (”SDI”) of power cables to certain of its customers.



APWC reported strong financial results in the second quarter and the first half of 2011 in spite of a slight decrease in the copper price. The majority of the Company’s products and services are used in industrial, power and telecommunications infrastructure in the growing Asia-Pacific region. The Company revenues were $148.7 million, an increase of 40.3% from $106.0 million in the same period a year ago, and an increase of 22.1% from $121.8 million in the first quarter of 2011. Also the Company’s gross profit increased to $16.4 million, an increase of 15.1% from $14.2 million from the second quarter of 2010, and 26.1% from $13.0 million in the prior quarter.

Asia Pacific Wire & Cable Corporation manufactures and distributes its own wire and cable products and also distributes wire and cable products (”Distributed Products”) manufactured by its principal shareholder, Pacific Electric Wire & Cable Company, a Taiwanese company (”PEWC”).

For more info about Asia Pacific Wire & Cable Corporation visit http://www.apwcc.com/

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VimpelCom Ltd. (NYSE:VIP), a leading international provider of telecommunications services, announces that its Supervisory Board declared the payment of an interim dividend of US$0.45 per American depositary share ("ADS") in relation to its 2011 results. Each ADS represents one common share. The total interim dividend payment will be approximately US$733 million. The record date for the Company's shareholders entitled to receive the interim dividend has been set for December 1, 2011. The ex-dividend date is November 29, 2011. The Company will make appropriate tax withholdings of up to 15% when the dividend is paid to the Company's ADS depositary, The Bank of New York Mellon. The dividend will be paid by the Company before December 31, 2011.

VimpelCom Ltd. operates as an integrated telecommunications services provider, offering voice and data services through a range of wireless, fixed, and broadband technologies.

Read full article and disclaimer at: http://crwewallstreet.com/?p=21360

Global Hunter (GBLHF.PK)

Besides the fact that copper pots and pans save a great deal of energy through proper heat conduction, it is also very long lasting. It is quite often that copper cooking utensils are used for generation after generation, all the while still looking as good as new. This is yet another advantage that you would get from using copper kitchen cookware because these utensils maintain their luster and show for as long as you want.

Read the full article and disclaimer at: http://crwewallstreet.com/?p=21370

The Dixie Group, Inc. (NASDAQXYN) reported that it has refinanced its senior revolving credit facility together with the existing term loan secured by its Santa Ana property. The purpose of these transactions is to permit early redemption of the outstanding $9.7 million of 7% convertible subordinated debentures due in May of 2012 and to extend the Company's financing for another five-year period. The transaction, with Wells Fargo Capital Finance, part of Wells Fargo & Company (NYSE:WFC), as Agent and co-lender with Bank of America, consists of a new $90 million revolving credit facility with a five-year term and a term loan secured by the Santa Ana carpet facility, with Wells Fargo Bank, NA as lender.

Read more at: http://crwewallstreet.com/?p=21368

Cleantech Transit Inc. (CLNO)

Renewable geothermal energy facilities are very aesthetic and pleasing to the eye, and these facilities do not mar the landscape or natural environment the way oil rigs and other fossil fuel recovery efforts can. Geothermal plants will blend in with the natural surroundings, and they can be situated on the oceans and other bodies of water as well. This means less land used for these energy plants, so more can be used for housing and food crops. Building geothermal power generation plants in the ocean maximizes land use and allows many more plants to be erected. This can help meet the global energy needs of the future without causing hunger or overcrowding.

Read more at: http://crwewallstreet.com/?p=21366

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Cornerstone Therapeutics (NASDAQ:CRTX) announced findings from a study comparing all-cause, in-hospital mortality in more than 14,000 preterm infants with respiratory distress syndrome (RDS). The retrospective study evaluated Cornerstone's CUROSURF® (poractant alfa) compared to Infasurf® (calfactant) and Survanta® (beractant). Overall, CUROSURF treatment for RDS was associated with a significantly reduced likelihood of death compared to Infasurf, and a trend toward reduced mortality when compared with Survanta. The findings were published in the September 1, 2011 online issue of the Journal of Perinatology.

Read full article and discliamer at: http://crwewallstreet.com/?p=21365
Cornerstone Therapeutics (NASDAQ:CRTX) announced findings from a study comparing all-cause, in-hospital mortality in more than 14,000 preterm infants with respiratory distress syndrome (RDS). The retrospective study evaluated Cornerstone's CUROSURF® (poractant alfa) compared to Infasurf® (calfactant) and Survanta® (beractant). Overall, CUROSURF treatment for RDS was associated with a significantly reduced likelihood of death compared to Infasurf, and a trend toward reduced mortality when compared with Survanta. The findings were published in the September 1, 2011 online issue of the Journal of Perinatology. Read more at: http://crwewallstreet.com/?p=21365 z

Majestic Gold Corp. (MJGCF.PK)

Gold is referred to as a precious metal; a classification of metals that are considered to be rare or have a high economic value. Humans have fashioned gold into decorations and jewelry since as early as 4,000 BC. The scarcity and beauty of this element has made it both a valuable commodity and investment vehicle throughout the history of humans. Gold is used in a wide range of technologies which can be attributed to its unique technical properties. It is both highly conductive, third to silver and copper, and resistant to corrosion. It is also highly malleable and ductile making it easy to physically manipulate into wire or sheets.

Global Hunter (GBLHF.PK)

Some uses of copper are:
" Transportation Equipment
All major forms of transportation depend on copper to perform critical functions including boats; electric and hybrid vehicles; new generation airplanes and trains.
" Industry Machinery and Equipment
Copper alloys are used for gears, bearings, turbine blades, heat exchange equipment, pressure vessels, vats, tanks, piping exposed to seawater, propellers, oil platforms and coastal power stations.

Read more at: http://crwewallstreet.com/?p=21352

AuRico Gold Inc. (NYSE:AUQ) announces that it has called a special meeting (the "Special Meeting") of its shareholders to be held in Toronto, Ontario on October 14, 2011. The purpose of the Special Meeting is to consider a resolution to approve the issuance of the AuRico common shares to Northgate security holders (the "Share Issuance Resolution") in connection with the Arrangement (as hereinafter defined). The special meeting of AuRico shareholders is being held concurrently with the meeting of Northgate shareholders, which has been called to consider the Arrangement.

Crown Equity Holdings Inc. (CRWE)

Voice over internet protocol technologies are scalable to fit any office environment, and can take advantage of a wide range of network infrastructures. With Voice over internet protocol, free your business from the expenses of per-minute long distance charges, paying only for initial equipment and any applicable managed service charges.

Read more at: http://crwewallstreet.com/?p=21348

With facilities and sales locations around the world, AAR Corp. (NYSE:AIR) uses its close-to-the-customer business model to serve aviation and government/defense customers through four operating segments: Aviation Supply Chain; Maintenance, Repair and Overhaul; Structures and Systems; and Government and Defense Services. AAR is a leading provider of value-added products and services to the worldwide aerospace and government and defense industries.



AAR announced yesterday that it has been awarded a contract from Military Sealift Command (MSC), to provide airlift support for U.S. Navy ships. The contract has a one-year initial base period, three one-year options and an additional 11-month option with an estimated total value of approximately $77 million. The vertical replenishment (VERTREP) contract calls for the renewal of 4 helicopters, personnel, and operational and technical support services that the Company currently provides in the Western Pacific and Indian Oceans and the Arabian Gulf. AAR was selected from four competitive bids submitted.

“This award reflects the Military Sealift Command’s continuing confidence in AAR’s transportation and logistics capabilities and we are extremely proud to support the U.S. Navy’s operations at sea,” said David P. Storch, Chairman and Chief Executive Officer, AAR CORP.

AAR’s Airlift Group provides expeditionary airlift services in austere environments and performs specialized aircraft modifications in support of national defense, security and humanitarian relief operations. Under current contracts, the Company provides airlift for the Department of Defense in three regions around the world, using both fixed-wing aircraft and rotary-wing aircraft to transport personnel, supplies and mail over land and at sea.

For more information about AAR Corp. please visit www.aarcorp.com

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Crosshair Exploration & Mining Corp. (AMEX:CXZ) is pleased to provide an update on the exploration program from both the CMB Uranium/Vanadium Project and the CMB Joint Venture ("CMB JV") Uranium Project located in central Labrador, Canada. In addition to prospecting and trenching, a total of 13 holes have been drilled to date between the two Projects for a total of 3,376 metres (m). The goal of the program is to increase the existing uranium and vanadium resources, as well as test the new uranium targets outlined from the 2009 and 2010 exploration programs.

Read more at: http://crwewallstreet.com/?p=21342

Maxygen, Inc. (Nasdaq:MAXY) announced that its Board of Directors has approved an increase to the company's current stock repurchase program from $10.0 million to $20.0 million. The repurchase program expires on December 31, 2011. Since December 2009, Maxygen has repurchased approximately 11.7 million shares of its common stock at an aggregate cost of approximately $63.5 million, including approximately 1.7 million shares repurchased under the current repurchase program since June 2011 at an aggregate cost of approximately $9.5 million.

Read more at: http://crwewallstreet.com/?p=21341

Global Hunter (GBLHF.PK)

Global Hunter Corp. (GBLHF.PK) is pleased to announce initial assay results from its previously announced surface sampling program. The results are encouraging with new gold showings as well as very positive copper oxide assays over wide-spread areas.

Highlights of the entire program

9 mineralized shear and/or alteration zones sampled total of 13.5 kilometres of strike length along know copper bearing shear and alteration zones tested with 205 rock chip samples.

Read more at: http://crwewallstreet.com/?p=21340

Majestic Gold Corp. (MJGCF.PK)

Gold has a farrago of special properties which have it a most utilitarian of all a minerals mined today. This is since bullion conducts physical phenomenon as good as does not tarnish. Gold is really easy to work with as good as can be drawn in to wire. Gold can additionally be beaten in to skinny sheets as good as can be churned with opposite metals. The smashing tone of bullion leaves a special sense upon most people.

Read more at: http://crwewallstreet.com/?p=21338

Crown Equity Holdings Inc. (CRWE)

The introduction of Voice over Internet Protocol phone system to small businesses within the last 10 years provides enthusiasm to small enterprises around the world because of low-cost and also high-reliability functions. The VoIP technique of transmission means Voice over IP and a new computer advanced process allows conversation by means of an online connection.

Read more at: http://crwewallstreet.com/?p=21337

Blackboard Inc. (NASDAQ:BBBB) announced the launch of Blackboard Learn™ ANGEL Edition 8.0, which brings a range of key product enhancements driven by input from ANGEL clients and follows through on another commitment from Blackboard to support ANGEL institutions with continued development and support. The new release includes simplified course functionality for instructors, with the addition of rubrics to discussion forums that let instructors provide feedback and grade student discussions more quickly and consistently. Functionality for Blackboard Mobile™ Learn for ANGEL is also upgraded, which lets users upload multimedia content to courses directly from mobile devices. The release also adds certification for Safari and Chrome to give users greater flexibility and an improved experience in their choice of Web browsers.

Blackboard Inc. provides enterprise software applications and related services to the education industry in the United States and Canada.

Read more at: http://crwewallstreet.com/?p=21336

Crown Equity Holdings Inc. (CRWE)

Voice over Internet Protocol telephone systems are widely accepted as the best alternative from the traditional telephone system mostly because these new telephone systems opened the opportunity for businesses to communicate with individuals across the globe in the lowest price that they can afford. Small Business VoIP users can anticipate phone bill saving of at least 35% and in many cases businesses have experienced a phone bill reduction of 80%. Businesses are dropping expenses using VoIP, improving customer service while gaining access to features and applications that augments worker productivity.

Read more at: http://crwewallstreet.com/?p=21335

Sagent Pharmaceuticals, Inc. (Nasdaq:SGNT) announced U.S. FDA approval of its Haloperidol Injection, USP, an antipsychotic medication. Sagent's haloperidol will be offered in 5 mg per mL single-dose and 50 mg per 10 mL multi-dose, latex-free vials. According to 2011 IMS data, the annual U.S. injectable market for haloperidol approximated $12.5 million. As with all products in Sagent's portfolio, haloperidol features the company's reventIV MeasuresSM packaging and labeling designed to aid in the reduction of medication errors. Sagent expects to launch the product early in the fourth quarter.

Sagent Pharmaceuticals, Inc., a specialty pharmaceutical company, engages in developing, manufacturing, sourcing, and marketing pharmaceutical products, principally injectable-based generic equivalents primarily in the United States.

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Albemarle Corporation (NYSE:ALB) announced that it will increase global prices for generic active pharmaceutical ingredients by 8-12% depending on the specific product. The price increases will take effect October 15, 2011, or as contracts allow. Albemarle is committed to meeting the growing demand of our customers and regulatory agencies through continued investment in our business. This price increase will ensure that through a challenging economic environment, we are able to maintain the superior quality, regulatory status and services that our customers require and have come to expect from Albemarle.

Albemarle Corporation develops, manufactures, and markets engineered specialty chemicals in the United States and internationally. The company operates in three segments: Polymer Solutions, Catalysts, and Fine Chemistry.

Read more at: http://crwewallstreet.com/?p=21316