http://www.m2.com/m2/web/rss/eqb.xml Latest stories for M2 EquityBites. en-us Copyright 2009 M2 Communications Tuesday, 06 Jan 2009 16:18:05 GMT http://www.m2.com/m2/web/story.php/2009C7802ADA09F17BD380257536003F5805/text/eqb Cereplast Inc (OTCBB:CERP), a manufacturer of proprietary bio-based, sustainable plastics, declared on 5 January that it has entered into a distribution agreement with A. Schulman, a supplier of high-performance plastic compounds and resins used as raw ma Tuesday, 06 Jan 2009 16:11:11 GMT http://www.m2.com/m2/web/story.php/2009C7802ADA09F17BD380257536003F5805/text/eqb http://www.m2.com/m2/web/story.php/20096AF7892AEAE2987580257536003F57E8/text/eqb Celanese Corporation (NYSE:CE), a chemical company, reported on 5 January a quarterly dividend of USD0.04 per share on its common stock and a quarterly dividend of USD0.265625 per share on its 4.25% convertible perpetual preferred stock. Tuesday, 06 Jan 2009 16:05:53 GMT http://www.m2.com/m2/web/story.php/20096AF7892AEAE2987580257536003F57E8/text/eqb http://www.m2.com/m2/web/story.php/2009E79EAC2A4BECE1CC80257536003F57CD/text/eqb Goldcorp Inc (Toronto:G.TO)(NYSE:GG), a gold producer, announced on 5 January the company's first monthly dividend of USD0.015 per share for 2009. Tuesday, 06 Jan 2009 16:03:33 GMT http://www.m2.com/m2/web/story.php/2009E79EAC2A4BECE1CC80257536003F57CD/text/eqb http://www.m2.com/m2/web/story.php/2009C163BC2E2172075580257536003F57B2/text/eqb AK Steel (NYSE: AKS), a producer of flat-rolled carbon, stainless and electrical steels, primarily for automotive, appliance, construction and electrical power generation and distribution markets, reported on 5 January that a USD165 per ton surcharge will Tuesday, 06 Jan 2009 15:58:11 GMT http://www.m2.com/m2/web/story.php/2009C163BC2E2172075580257536003F57B2/text/eqb http://www.m2.com/m2/web/story.php/20090F55581D9E570FB880257536003F5795/text/eqb MedImmune, a biotechnology company and the global biologics unit of AstraZeneca (LSE: AZN.L) (NYSE: AZN) declared on 6 January the submission of a Marketing Authorisation Application (MAA) for its nasal spray live attenuated influenza vaccine (LAIV), whic Tuesday, 06 Jan 2009 15:55:30 GMT http://www.m2.com/m2/web/story.php/20090F55581D9E570FB880257536003F5795/text/eqb http://www.m2.com/m2/web/story.php/2009542B0FE1E35936FE80257536003F5777/text/eqb BioDelivery Sciences International Inc (Nasdaq: BDSI), a speciality pharmaceutical company, and Meda AB said on 5 January that they have signed a new agreement to expand their previous commercial partnership, which provides Meda with worldwide exclusive Tuesday, 06 Jan 2009 15:51:01 GMT http://www.m2.com/m2/web/story.php/2009542B0FE1E35936FE80257536003F5777/text/eqb http://www.m2.com/m2/web/story.php/2009C7D90160374FC30380257536003F5758/text/eqb BioSante Pharmaceuticals Inc (NASDAQ: BPAX), a speciality pharmaceutical company, declared on 5 January the grant of a new patent (US Patent 7,470,433) covering Elestrin (estradiol gel), which is approved in the US for moderate-to-severe vasomotor symptom Tuesday, 06 Jan 2009 15:45:22 GMT http://www.m2.com/m2/web/story.php/2009C7D90160374FC30380257536003F5758/text/eqb http://www.m2.com/m2/web/story.php/20092E8422C26AEA90B280257536003F573F/text/eqb XOMA Ltd (NasdaqGM:XOMA), a company engaged in the discovery and development of antibody therapeutics, declared on 5 January that it has named Fred Kurland as vice president of finance and chief financial officer. Kurland, in his new positions, will overs Tuesday, 06 Jan 2009 15:30:24 GMT http://www.m2.com/m2/web/story.php/20092E8422C26AEA90B280257536003F573F/text/eqb http://www.m2.com/m2/web/story.php/2009A45985E3BBB630F980257536003F5723/text/eqb Walgreens (NYSE:WAG) (NASDAQ: WAG), an online pharmacy, declared on 5 January sales in December 2008 of USD6.107bn, an improvement of 10.8% from USD5.513bn for the comparable month in 2007. Tuesday, 06 Jan 2009 15:22:00 GMT http://www.m2.com/m2/web/story.php/2009A45985E3BBB630F980257536003F5723/text/eqb http://www.m2.com/m2/web/story.php/2009EAB15A934903E6FB802575360046F20E/text/eqb American International Group Inc (NYSE: AIG), an insurance and financial services company, revealed yesterday (5 January) that Russell Johnston is the new president and CEO of AIG Environmental, a unit of AIG Commercial Insurance and a Pollution Liability Tuesday, 06 Jan 2009 15:20:59 GMT http://www.m2.com/m2/web/story.php/2009EAB15A934903E6FB802575360046F20E/text/eqb http://www.m2.com/m2/web/story.php/200976A4058B4720721D802575360046F1F7/text/eqb The board of directors of ACE Limited (NYSE: ACE), an insurance and reinsurance company, announced on 5 January a quarterly dividend of CHF0.30 per share. The dividend payment will be USD0.27 per share, based on the USD/CHF exchange rate published on 5 Ja Tuesday, 06 Jan 2009 15:18:13 GMT http://www.m2.com/m2/web/story.php/200976A4058B4720721D802575360046F1F7/text/eqb http://www.m2.com/m2/web/story.php/20092EBB36626AF7660C802575360046F1E1/text/eqb Pershing LLC, a member FINRA/NYSE/SIPC and a provider of financial business solutions, a subsidiary of the Bank of New York Mellon Corporation, (NYSE: BK), a financial services company, disclosed on 5 January that it has published a new white paper with A Tuesday, 06 Jan 2009 15:16:30 GMT http://www.m2.com/m2/web/story.php/20092EBB36626AF7660C802575360046F1E1/text/eqb http://www.m2.com/m2/web/story.php/2009F26399A2306C330780257536003F570B/text/eqb The board of directors of Theravance Inc (NasdaqGM:THRX), a biopharmaceutical company, declared on 5 January that an equity award was granted to one of its new employees under the company's 2008 New Employee Equity Incentive Plan, pursuant to Nasdaq Marke Tuesday, 06 Jan 2009 15:12:44 GMT http://www.m2.com/m2/web/story.php/2009F26399A2306C330780257536003F570B/text/eqb http://www.m2.com/m2/web/story.php/20096E45B2920413C697802575360046F1C8/text/eqb The board of directors of the Bank of America Corporation (NYSE: BAC), a financial institution, authorised yesterday (5 January) dividends on preferred stock. Tuesday, 06 Jan 2009 15:00:34 GMT http://www.m2.com/m2/web/story.php/20096E45B2920413C697802575360046F1C8/text/eqb http://www.m2.com/m2/web/story.php/20098AC470D56E8B181E802575360046F19B/text/eqb Massey Energy Company (NYSE: MEE), a coal company, launched yesterday (5 January) a new corporate website that provides information about the company's operations, financial results, community involvement and handling of the environment. Tuesday, 06 Jan 2009 14:51:27 GMT http://www.m2.com/m2/web/story.php/20098AC470D56E8B181E802575360046F19B/text/eqb http://www.m2.com/m2/web/story.php/2009D6FC008B2005A489802575360046F183/text/eqb New Century Equity Holdings Corp (OTC BB: NCEH.OB), a company that holds interest in ACP Investments LP which provides asset management services, declared yesterday (5 January) that it is soliciting its stockholders to vote on its proposed acquisition of Tuesday, 06 Jan 2009 14:49:46 GMT http://www.m2.com/m2/web/story.php/2009D6FC008B2005A489802575360046F183/text/eqb http://www.m2.com/m2/web/story.php/20099F782F3BFB4E9711802575360046F16C/text/eqb NYSE Euronext (NYSE: NYX), a company that offers various financial products and services, stated yesterday (5 January) that it will host an investor day on 11 February 2009 at the New York Stock Exchange, 11 Wall Street, New York, New York, for the profes Tuesday, 06 Jan 2009 14:41:47 GMT http://www.m2.com/m2/web/story.php/20099F782F3BFB4E9711802575360046F16C/text/eqb http://www.m2.com/m2/web/story.php/200960422412C4099E1D802575360046F155/text/eqb US Trust, as Trustee of the Sabine Royalty Trust (NYSE: SBR), a receiver of a distribution of royalty and mineral interests from Sabine Corporation, announced on 5 January a cash distribution of beneficial interest of USD0.41550 per unit. Tuesday, 06 Jan 2009 14:38:31 GMT http://www.m2.com/m2/web/story.php/200960422412C4099E1D802575360046F155/text/eqb http://www.m2.com/m2/web/story.php/2009CE779D3F2275EBC3802575360046F13E/text/eqb Compass Diversified Holdings (Nasdaq: CODI) (CODI), an acquirer and manager of middle market businesses, said yesterday (5 January) that at the CJS Securities 9th Annual "New Ideas for the New Year" Investor Conference in New York on 7 January 2009, the c Tuesday, 06 Jan 2009 14:26:08 GMT http://www.m2.com/m2/web/story.php/2009CE779D3F2275EBC3802575360046F13E/text/eqb http://www.m2.com/m2/web/story.php/2009AABE303CE66E166B80257536002DC92F/text/eqb Presentations at the upcoming 11th Annual Needham Growth Stock Conference were announced by five companies on Monday (5 January). Tuesday, 06 Jan 2009 13:36:06 GMT http://www.m2.com/m2/web/story.php/2009AABE303CE66E166B80257536002DC92F/text/eqb http://www.m2.com/m2/web/story.php/20099AAFC8727097C7BC80257536002DC917/text/eqb Roxio, a division of digital media software company Sonic Solutions (Nasdaq: SNIC), introduced on Monday (5 January) Toast 10 Titanium, the latest version of its burning and digital media software for the Mac. Tuesday, 06 Jan 2009 13:21:59 GMT http://www.m2.com/m2/web/story.php/20099AAFC8727097C7BC80257536002DC917/text/eqb http://www.m2.com/m2/web/story.php/2009154498C5E27AB2DB80257536002FED5B/text/eqb HP (NYSE:HPQ), a technology solutions company, today (6 January) unveiled a new HP Mini designed for mobile professionals. Tuesday, 06 Jan 2009 13:18:01 GMT http://www.m2.com/m2/web/story.php/2009154498C5E27AB2DB80257536002FED5B/text/eqb http://www.m2.com/m2/web/story.php/2009CCE27132132E760280257536002FED43/text/eqb Global supercomputer company Cray Inc (NasdaqGM:CRAY) announced on Monday (5 January) that the company has received official notification of acceptance in late 2008 of the company's recently installed petaflops (quadrillion mathematical calculations per s Tuesday, 06 Jan 2009 13:14:21 GMT http://www.m2.com/m2/web/story.php/2009CCE27132132E760280257536002FED43/text/eqb http://www.m2.com/m2/web/story.php/200982134FDF6AEDB31380257536002DC900/text/eqb Blue Coat Systems Inc (Nasdaq: BCSI), a WAN optimisation and secure web gateway provider, reported yesterday (5 January) that the company's Blue Coat ProxySG appliances have been implemented by Shanghai Far East Securities to expand its online financial s Tuesday, 06 Jan 2009 13:03:53 GMT http://www.m2.com/m2/web/story.php/200982134FDF6AEDB31380257536002DC900/text/eqb http://www.m2.com/m2/web/story.php/20095663B2333F3666B180257536002FED2C/text/eqb International Game Technology(IGT)(NYSE:IGT), a company specialising in the design, development, manufacturing, distribution and sales of computerised gaming machines and systems products, announced on Monday (5 January) that Richard J (Rich) Schneider ha Tuesday, 06 Jan 2009 12:59:35 GMT http://www.m2.com/m2/web/story.php/20095663B2333F3666B180257536002FED2C/text/eqb http://www.m2.com/m2/web/story.php/2009C8E312198B044E1E80257536002FED16/text/eqb Information Technology company IBM (NYSE:IBM) announced on Monday (5 January) that the company has signed a USD5.0m IT services agreement with Kotak Mahindra Bank Limited, a banking & financial services provider based in India. Tuesday, 06 Jan 2009 12:44:21 GMT http://www.m2.com/m2/web/story.php/2009C8E312198B044E1E80257536002FED16/text/eqb http://www.m2.com/m2/web/story.php/20098EE9802E50E26F9580257536002FECFD/text/eqb Verizon Communications (NYSE:VZ), a provider of broadband and other wireline and wireless communications, announced on Monday (5 January) that it is offering a promotional savings offer for its FiOS TV service. Tuesday, 06 Jan 2009 12:41:41 GMT http://www.m2.com/m2/web/story.php/20098EE9802E50E26F9580257536002FECFD/text/eqb http://www.m2.com/m2/web/story.php/2009B16A925A72A187D580257536002DC8D3/text/eqb Magic Software Enterprises Ltd (NasdaqGM: MGIC), a provider of application platforms and business and process integration solutions, revealed yesterday (5 January) that the new chief financial officer of the company is Hadas Gazit-Kaiser. Tuesday, 06 Jan 2009 12:36:02 GMT http://www.m2.com/m2/web/story.php/2009B16A925A72A187D580257536002DC8D3/text/eqb http://www.m2.com/m2/web/story.php/2009137B8572A558F07F80257536002FECE6/text/eqb Verizon Wireless, a provider of a wireless voice and data network and a joint venture of Verizon Communications (NYSE: VZ) and Vodafone (NYSE:VOD) (LSE: VOD), announced on Monday (5 January) that the company has activated five new cell sites, expanding ne Tuesday, 06 Jan 2009 12:34:31 GMT http://www.m2.com/m2/web/story.php/2009137B8572A558F07F80257536002FECE6/text/eqb http://www.m2.com/m2/web/story.php/2009A792ED9A210ACDD280257536002FECD0/text/eqb IDT Corporation (NYSE: IDT; NYSE:IDT.C), a diversified telecommunications, energy and consumer services company, announced on Monday (5 January) the appointment of Bill S Pereira as chief financial officer and treasurer of the company, effective 2 January Tuesday, 06 Jan 2009 12:31:37 GMT http://www.m2.com/m2/web/story.php/2009A792ED9A210ACDD280257536002FECD0/text/eqb http://www.m2.com/m2/web/story.php/2009310788F4F87E484280257536002FECB5/text/eqb Red Robin Gourmet Burgers Inc, an operator of a casual dining burger restaurant chain, announced on Monday (5 January) that the company will open a new Red Robin restaurant in Orland Park, Illinois, US on 12 January 2009. Tuesday, 06 Jan 2009 12:29:13 GMT http://www.m2.com/m2/web/story.php/2009310788F4F87E484280257536002FECB5/text/eqb http://www.m2.com/m2/web/story.php/20094B114DE89F9E858A80257536002DC8BC/text/eqb Midway Games Inc (NYSE: MWY), a company that develops and publishes interactive entertainment software for videogame systems and personal computers, disclosed yesterday (5 January) that it has reached a waiver and forbearance agreement with the holders of Tuesday, 06 Jan 2009 12:21:39 GMT http://www.m2.com/m2/web/story.php/20094B114DE89F9E858A80257536002DC8BC/text/eqb http://www.m2.com/m2/web/story.php/2009C6F166D016946E8680257536002DC89F/text/eqb Datalink Corporation (Nasdaq: DTLK), an independent information storage architect, has revised its fourth quarter financial guidance for the period ended 31 December 2008. Tuesday, 06 Jan 2009 12:10:45 GMT http://www.m2.com/m2/web/story.php/2009C6F166D016946E8680257536002DC89F/text/eqb http://www.m2.com/m2/web/story.php/20094B84BC9957B7A7C080257536002DC887/text/eqb Lionsgate (NYSE: LGF), a filmed entertainment studio, and Macrovision Solutions Corporation (Nasdaq: MVSN), a digital entertainment technology company, announced on 5 January that Lionsgate will acquire the TV Guide Network and TV Guide Online properties Tuesday, 06 Jan 2009 12:03:18 GMT http://www.m2.com/m2/web/story.php/20094B84BC9957B7A7C080257536002DC887/text/eqb http://www.m2.com/m2/web/story.php/2009CBB1EEA57A2BFEBA80257536002DC86E/text/eqb Daimler AG (NYSE: DAI), a developer, manufacturer, distributor and seller of automotive products and vehicles, reported on 5 January sales of 20,848 units for the US Mercedes-Benz Cars division (Mercedes-Benz and smart combined) in December 2008. Tuesday, 06 Jan 2009 11:46:05 GMT http://www.m2.com/m2/web/story.php/2009CBB1EEA57A2BFEBA80257536002DC86E/text/eqb http://www.m2.com/m2/web/story.php/200988DDE97792CD019980257536002DC859/text/eqb Automotive company Ford Motor Company (NYSE: F) declared yesterday (5 January) that its F-Series was America's best-selling truck in 2008, for the 32nd consecutive year. Tuesday, 06 Jan 2009 11:24:02 GMT http://www.m2.com/m2/web/story.php/200988DDE97792CD019980257536002DC859/text/eqb http://www.m2.com/m2/web/story.php/20096FE7F705E72310C280257536002799CE/text/eqb Eagle Rock Energy Partners L.P. (NASDAQGS: EROC), which is engaged in the gathering, compressing, treating, processing, transporting and selling of natural gas, declared on 5 January that Jeffrey P. Wood has been appointed as senior vice president and chi Tuesday, 06 Jan 2009 11:10:07 GMT http://www.m2.com/m2/web/story.php/20096FE7F705E72310C280257536002799CE/text/eqb http://www.m2.com/m2/web/story.php/2009C04B20BBF21E6ED480257536002AAC4C/text/eqb California Pizza Kitchen Inc (Nasdaq: CPKI), a casual dining chain, announced on Monday (5 January) that Sue Collyns has been appointed as chief operating officer and executive vice president of the company. Tuesday, 06 Jan 2009 11:04:54 GMT http://www.m2.com/m2/web/story.php/2009C04B20BBF21E6ED480257536002AAC4C/text/eqb http://www.m2.com/m2/web/story.php/20098A6546C3D0CBC35780257536002799B7/text/eqb SouthWest Water Company (Nasdaq:SWWC), which provides a range of operations, maintenance and management services, including water production, treatment and distribution, declared on 5 January the sale of its wholesale wastewater business in Texas. Tuesday, 06 Jan 2009 11:02:59 GMT http://www.m2.com/m2/web/story.php/20098A6546C3D0CBC35780257536002799B7/text/eqb http://www.m2.com/m2/web/story.php/200967409F4DFF59975B802575360027999F/text/eqb Progress Energy Florida, a subsidiary of Progress Energy (NYSE: PGN), reported on 5 January that it has signed a contract with Westinghouse Electric Company LLC and The Shaw Group Inc's Power Group for the engineering, procurement and construction of two Tuesday, 06 Jan 2009 10:52:55 GMT http://www.m2.com/m2/web/story.php/200967409F4DFF59975B802575360027999F/text/eqb http://www.m2.com/m2/web/story.php/2009446DF52589531A0C8025753600279986/text/eqb Energy company Comstock Resources Inc (NYSE: CRK) said on 5 January that it intends to spend USD450m on development and exploration operations during 2009. Tuesday, 06 Jan 2009 10:43:55 GMT http://www.m2.com/m2/web/story.php/2009446DF52589531A0C8025753600279986/text/eqb http://www.m2.com/m2/web/story.php/2009CFB988EE1349E4BC80257536002AAC35/text/eqb Mobile communications company Motorola Inc (NYSE: MOT) today (6 January) introduced the new VIP remote, a rechargeable remote control and its base station armed with RF (radio frequency) 'find' functionality, as an accessory for the company's VIP series o Tuesday, 06 Jan 2009 10:41:11 GMT http://www.m2.com/m2/web/story.php/2009CFB988EE1349E4BC80257536002AAC35/text/eqb http://www.m2.com/m2/web/story.php/20096A20740A61A72B8D80257536002AAC1D/text/eqb Mobile communications company Motorola Inc (NYSE: MOT) today (6 January) unveiled two new mobile devices, the MOTO W233 Renew and the MOTOSURF A3100. Tuesday, 06 Jan 2009 10:38:47 GMT http://www.m2.com/m2/web/story.php/20096A20740A61A72B8D80257536002AAC1D/text/eqb http://www.m2.com/m2/web/story.php/200931FCCADA1F247A0C802575360027996F/text/eqb Capital City Energy Group Inc (OTCBB: CETG), an oil and natural gas company, said on 5 January that it has acquired Hotwell Services Inc, an oilfield service company operating in the Appalachian Basin, through the issuance of 2.78m shares of restricted co Tuesday, 06 Jan 2009 10:33:39 GMT http://www.m2.com/m2/web/story.php/200931FCCADA1F247A0C802575360027996F/text/eqb http://www.m2.com/m2/web/story.php/20098EE8A6DD91B42A8980257536002AAC06/text/eqb Manufacturer and designer of aircraft engines Pratt & Whitney, a division of United Technologies Corp (NYSE: UTX), announced on Monday (5 January) that it has been awarded a contract from the US Air Force, valued at up to USD7.0m. Tuesday, 06 Jan 2009 10:31:52 GMT http://www.m2.com/m2/web/story.php/20098EE8A6DD91B42A8980257536002AAC06/text/eqb http://www.m2.com/m2/web/story.php/200986FA0D1F69BB012E8025753600279959/text/eqb SandRidge Energy Inc (NYSE: SD), a natural gas and crude oil company headquartered in Oklahoma City, reported on 5 January that its chief executive officer, Tom L. Ward, has sold approximately 8.90m shares of common stock in a privately negotiated transac Tuesday, 06 Jan 2009 10:19:13 GMT http://www.m2.com/m2/web/story.php/200986FA0D1F69BB012E8025753600279959/text/eqb http://www.m2.com/m2/web/story.php/2009E40C9BE5EBC4F8D980257536002AABEF/text/eqb PPG Industries (NYSE: PPG), a supplier of paints, coatings, chemicals, optical products, specialty materials, glass and fibre glass, announced on Monday (5 January) that Gary Danowski has been named as vice president, performance glazing, effective mid-Ja Tuesday, 06 Jan 2009 10:12:01 GMT http://www.m2.com/m2/web/story.php/2009E40C9BE5EBC4F8D980257536002AABEF/text/eqb http://www.m2.com/m2/web/story.php/200993F4486C6056613580257536002AABD8/text/eqb Wells Fargo & Company (NYSE:WFC), a diversified financial services company, announced on Monday (5 January) that it has purchased approximately USD730m in loan and lease receivables from a business unit of General Electric Company (NYSE:GE), GE Healthcare Tuesday, 06 Jan 2009 10:10:00 GMT http://www.m2.com/m2/web/story.php/200993F4486C6056613580257536002AABD8/text/eqb http://www.m2.com/m2/web/story.php/200969003947983E68538025753600279942/text/eqb Spectra Energy (NYSE: SE), a natural gas infrastructure company, reported on 5 January a quarterly cash dividend of USD0.25 per share on its common stock. Tuesday, 06 Jan 2009 10:08:15 GMT http://www.m2.com/m2/web/story.php/200969003947983E68538025753600279942/text/eqb http://www.m2.com/m2/web/story.php/2009B8F475CBC87BEF5F80257536002AABC0/text/eqb On-line retailer Amazon.com Inc (Nasdaq: AMZN) announced on 5 January the launch of the Inauguration Store. Tuesday, 06 Jan 2009 10:07:05 GMT http://www.m2.com/m2/web/story.php/2009B8F475CBC87BEF5F80257536002AABC0/text/eqb