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IRVINE, Calif.--(BUSINESS WIRE)--ChinaTel Group, Inc. (ChinaTel) (OTCBB:CHTL - News), announced today that it has acquired, through its controlled subsidiaries, 95% of the outstanding common stock of Perusat S.A., a leading telecommunications service and..
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SEATTLE--(BUSINESS WIRE)--Master Distribution Systems (MDBS) today announced that its Board of Directors has passed a resolution to complete the necessary filings to graduate the company from the Pink Sheets to the Over the Counter Bulletin Board. MDBS ha..
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LAS VEGAS--(BUSINESS WIRE)--IDGLOBAL (Pink Sheets: IDGC) IDGLOBAL Corp is pleased to announce an operational update to shareholders pertaining to IDGC’s working interest in the 3,330 Gross Acres Diamond Springs Drilling Prospect
G2 Petroleum has commun..
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BURBANK, Calif.--(BUSINESS WIRE)--Shamrock Capital Advisors, Inc. has transmitted the following letter to the board of directors of Collectors Universe, Inc.:
March 6, 2009
Mr. A. Clinton Allen Chairman of the Board Collectors Universe, Inc. 1921 East A..
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EXTON, Pa., March 10 /PRNewswire-FirstCall/ -- WPCS International Incorporated (Nasdaq: WPCS - News), a leader in design-build engineering services for communications infrastructure, has announced that it has completed the acquisition of Midway Electric C..
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OLDWICK, N.J.--(BUSINESS WIRE)--A.M. Best Co. has removed from under review with positive implications and affirmed the financial strength rating (FSR) of B++ (Good) and issuer credit rating (ICR) of “bbb” of Connecticut Life & Casualty Insurance Comp..
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Federal Reserve chairman Ben Bernanke said Tuesday that economic recovery hinges on stabilizing the financial system, and proposed new policies aimed at absorbing financial shocks in the future.
"Until we stabilize the financial system, a sustainable eco..
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By Lesley Wroughton and George Obulutsa
DAR ES SALAAM (Reuters) - The International Monetary Fund warned on Tuesday that the world economy will likely contract this year in a "Great Recession" and African leaders said the financial crisis could undo hard..
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HELENA, Mont. (AP) -- Republicans and Democrats brokered a House budget deal Monday that calls for full funding of the children's health insurance initiative that was approved last fall by voters -- and promises quick action on a normally contentious issu..
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WASHINGTON (Reuters) - Federal Reserve Chairman Ben Bernanke said on Tuesday regulators must find a way to safeguard the entire financial system and not just its parts to prevent future crises like the one currently engulfing economies around the globe...
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SAO PAULO (AP) -- Latin America's largest economy shrank in the fourth quarter of last year compared to the previous quarter as the economic crisis gripped the world and put a halt to Brazil's business boom, the government said Tuesday.
The economy contr..
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WASHINGTON (AP) -- The nation's financial regulatory system must be overhauled to strengthen oversight of banks, mutual funds and large financial institutions whose collapse would put the entire economy in peril, Federal Reserve Chairman Ben Bernanke said..
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NEW YORK (CNNMoney.com) -- Stocks were set to bounce up at Tuesday's open, boosted by comments from Citigroup's CEO about the company's profitability, as investors await remarks from Fed chairman Ben Bernanke and look for a break in the global economic ma..
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TUSTIN, Calif.--(BUSINESS WIRE)--The Association for Corporate Growth, Orange County Chapter will present a panel discussion on March 12 at the Westin South Coast Plaza Hotel regarding the current state of the economy under Barack Obama’s administration..
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NEW YORK (AP) -- Allscripts-Misys Healthcare Solutions Inc. said Monday it is selling its medication services business to A-S Medication Solutions for $26 million.
Under terms of the agreement, Allscripts will receive $8 million in the fourth quarter and..
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MELBOURNE, Australia--(BUSINESS WIRE)--Avexa Limited (‘Avexa’) (ASX:AVX - News) today announced that following discussions with Progen Pharmaceuticals Limited (‘Progen’) (ASX:PGL - News) (NASDAQ:PGLA - News) regarding the status of Progen sharehol..
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NEW YORK (AP) -- Genentech's board of directors is close to striking a $95-per-share sale to cancer drug partner Roche, according to a report by the Wall Street Journal.
Neither South San Francisco, Calif.-based Genentech nor Basel, Switzerland-based Roc..
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DES MOINES, Iowa (AP) -- If you had money invested with Texas billionaire R. Allen Stanford's company, Stanford Financial Group, or any of its affiliates in recent years, the FBI wants to talk to you.
In a statement released Monday, the agency said inves..
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OMAHA, Neb. (AP) -- Billionaire Warren Buffett remains confident that America's best days are ahead, but he says the nation likely will face higher unemployment and eventually inflation because of the current economic crisis. Buffett said the nation's lea..
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LONDON (AP) -- Every corner of the planet is reeling from the financial crisis, and central banks have responded aggressively by slashing borrowing costs.
But the traditional weapon of making it cheaper to borrow doesn't seem to be enough: Interest rates..
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