Archive for October, 2007

BIOTA Sells for $3.8 million at Auction

Wednesday, October 31st, 2007

BIOTA Brands of America, Inc. was sold at an on-site auction on Tuesday, Oct. 30 to an organic fertilizer company called Black Gold based out of Lubbock, Texas.
Spokesperson Kyle Zahn of Black Gold said the future of the plant is not certain.
Black Gold bought the “first option” of sale, which was the complete business. It [...]

Bradley Pharmaceuticals Announces Definitive Merger Agreement with Nycomed for $20 Per Share in Cash

Tuesday, October 30th, 2007

Bradley Pharmaceuticals, Inc. announced today that it has entered into a definitive merger agreement with Nycomed US Inc., a subsidiary of Nycomed S.C.A., SICAR, pursuant to which all outstanding shares of the Company will be converted into $20.00 per share in cash, which represents a premium of 25% over the closing price of $16.00 on [...]

Immunosyn Corporation Names G. David Criner as CFO

Tuesday, October 30th, 2007

Immunosyn Corporation has announced the appointment of G. David Criner as the company’s Chief Financial and Accounting Officer. Immunosyn’s former Chief Financial and Accounting Officer, Douglas A. McCain, Jr., has been appointed as the company’s Chairman of the Board and further retains his position as Corporate Secretary.
“I believe that the platform technology and its resulting [...]

Resource Americas LEAF Financial Corporation to Acquire $430 Million Leasing Portfolio From the FDIC

Tuesday, October 30th, 2007

Resource America, Inc. (NASDAQ: REXI) announces today that its commercial finance subsidiary, LEAF Financial Corporation (“LEAF”), has been selected by the FDIC as the purchaser of the approximately $430 million leasing portfolio of NetBank Business Finance, the equipment leasing division of NetBank, based out of Columbia, South Carolina. NetBank is currently being operated in receivership [...]

Sun Hydraulics 2007 Third Quarter Earnings to Be Released Morning of Monday, November 5

Monday, October 29th, 2007

Sun Hydraulics Corporation (NASDAQ: SNHY) will release its third quarter 2007 earnings on Monday, November 5, 2007, at approximately 11:00 AM Eastern Time. The web cast of the Company’s conference call with analysts is scheduled for later the same day at 2:30 PM Eastern Time. The earnings release and conference call are being moved to [...]

Hampshire High School Expects to Save More Than $1 Million in Energy Costs With Ice Storage System

Monday, October 29th, 2007

When building a new facility for Hampshire High School’s 2,500 students, administrators chose an innovative ice storage system in order to:
– Create high performance classrooms that optimize students’ learning environment, increase faculty retention and actually improve student test scores — Reduce energy consumption, benefiting the school, community and environment
Trane’s ice storage system offered the best [...]

Electro Energy Inc. Raises $750,000 From Sale of Common Stock and Warrants to KIT Financial, Inc.

Monday, October 29th, 2007

Electro Energy Inc. (NASDAQ: EEEI) announced today that the company has completed a $750,000 sale of common stock and warrants to KIT Financial, Inc.
Michael E. Reed, President and Chief Executive Officer of Electro Energy Inc., stated, “We are proud of the confidence that KIT Financial has shown in us by making this investment and are [...]

Brown & Brown, Inc. Announces the Expansion of Its Board of Directors

Thursday, October 25th, 2007

Brown & Brown, Inc. (NYSE: BRO) announces the election, by unanimous vote of the Board, of Wendell S. Reilly and J. Powell Brown to Brown & Brown, Inc.’s Board of Directors, effective October 24, 2007.
Bradley Currey, Jr., Chairman of the Nominating/Corporate Governance Committee of Brown & Brown’s Board of Directors, said of the two new [...]

Phoenix Footwear Group Announces Major Operational Re-Alignmen

Thursday, October 25th, 2007

Phoenix Footwear Group, Inc. , a multi-brand footwear and accessories company, today announced an organizational re-alignment to better support its ongoing business improvement efforts. Cathy Taylor, President and Chief Executive Officer, commented, “As part of our ongoing assessment of the business, we have implemented a number of management changes that we believe will help to [...]

Lance-DeCroce Press Release on Van Drew-Albano

Thursday, October 25th, 2007

Senate Republican Leader Leonard Lance and Assembly Republican Leader Alex DeCroce today sent a letter to the editorial board of the Press of Atlantic City asking the newspaper to rescind its endorsement of Jeff Van Drew in light of today’s front page story exposing Van Drew’s circumvention of campaign finance rules.
“It is now more apparent [...]




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