http://www.m2.com/m2/web/rss/eqb.xml Latest stories for M2 EquityBites. en-us Copyright 2008 M2 Communications Monday, 06 Oct 2008 17:38:18 GMT http://www.m2.com/m2/web/story.php/20083C0C92727BEE8E79802574DA0032BDBF/text/eqb Mesa Air Group Inc (Nasdaq:MESA) has announced that it has appointed Paul Foley as chief operating officer of Mesa Air Group. Monday, 06 Oct 2008 17:33:10 GMT http://www.m2.com/m2/web/story.php/20083C0C92727BEE8E79802574DA0032BDBF/text/eqb http://www.m2.com/m2/web/story.php/2008E1E77EB005C3077C802574DA004EB9AC/text/eqb Implant Sciences Corporation (AMEX:IMX), which develops and acquires technologies using ion implantation and thin film coatings for semiconductor and medical device applications, reported on 3 October that it has entered into an amendment to the Securitie Monday, 06 Oct 2008 15:47:51 GMT http://www.m2.com/m2/web/story.php/2008E1E77EB005C3077C802574DA004EB9AC/text/eqb http://www.m2.com/m2/web/story.php/200878FC9844F2FDE26E802574DA004EB98A/text/eqb OptumHealth Inc, the health and wellness company of UnitedHealth Group (NYSE:UNH), commended the US Congress on 3 October for the legislation which was passed and which may assist those needing mental health care, as well as reducing medical costs. Monday, 06 Oct 2008 15:42:47 GMT http://www.m2.com/m2/web/story.php/200878FC9844F2FDE26E802574DA004EB98A/text/eqb http://www.m2.com/m2/web/story.php/20083A5015DD5DFE1FAC802574DA004EB967/text/eqb Elron Electronic Industries Ltd (NASDAQ:ELRN) (TASE:ELRN), a provider of technologies in the fields of medical devices, information and communications technology, semiconductors and clean technology, revealed on 5 October that it has purchased in private Monday, 06 Oct 2008 15:40:10 GMT http://www.m2.com/m2/web/story.php/20083A5015DD5DFE1FAC802574DA004EB967/text/eqb http://www.m2.com/m2/web/story.php/20082514FC0533F4A891802574DA004EB949/text/eqb Rockwell Collins (NYSE:COL), which designs, produces and supports communications and aviation electronics, reported on 5 October that Hawker Beechcraft's new light jet, the Hawker 450XP, featuring Pro Line 21 avionics and Venue cabin management system wil Monday, 06 Oct 2008 15:38:52 GMT http://www.m2.com/m2/web/story.php/20082514FC0533F4A891802574DA004EB949/text/eqb http://www.m2.com/m2/web/story.php/2008A8513A8AFC78C3AD802574DA004EB927/text/eqb AssuranceAmerica Corporation (OTCBB:ASAM.OB), a company that underwrites and distributes non-standard personal automobile insurance products, disclosed on 3 October that effective from the same day, Joseph J Skruck, has been promoted to president and COO Monday, 06 Oct 2008 15:35:39 GMT http://www.m2.com/m2/web/story.php/2008A8513A8AFC78C3AD802574DA004EB927/text/eqb http://www.m2.com/m2/web/story.php/2008F3804931C248250B802574DA004EB903/text/eqb Philadelphia Consolidated Holding Corp (Nasdaq:PHLY), which designs, markets and underwrites speciality commercial and personal property and casualty insurance products, disclosed on 3 October that the Pennsylvania Insurance Department has approved Tokio Monday, 06 Oct 2008 15:33:47 GMT http://www.m2.com/m2/web/story.php/2008F3804931C248250B802574DA004EB903/text/eqb http://www.m2.com/m2/web/story.php/2008D4E66574E71077E1802574DA003D789B/text/eqb Thorium Power Ltd (OTC BB: THPW), a nuclear energy company, declared on 3 October that the US Senate has approved the US-India Civilian Nuclear Cooperation Agreement and that Senators Hatch and Reid introduced the Thorium Energy Independence and Security Monday, 06 Oct 2008 13:52:37 GMT http://www.m2.com/m2/web/story.php/2008D4E66574E71077E1802574DA003D789B/text/eqb http://www.m2.com/m2/web/story.php/20085B719AC8E5FF9DAE802574DA003D7878/text/eqb FMC Technologies Inc (NYSE:FTI), a provider of technology solutions for the energy industry and other industrial markets, declared on 3 October that the company will release its third quarter 2008 earnings report following the close of market on 6 Novembe Monday, 06 Oct 2008 13:44:05 GMT http://www.m2.com/m2/web/story.php/20085B719AC8E5FF9DAE802574DA003D7878/text/eqb http://www.m2.com/m2/web/story.php/20087C19ED9150CFDB8F802574DA003D7851/text/eqb CNOOC Limited (NYSE: CEO) (SEHK: 0883), a company engaged in exploring, developing, producing and selling of crude oil, natural gas and other petroleum products, reported on 5 October a new discovery well, called Bozhong (BZ) 35-2, as part of its oil and Monday, 06 Oct 2008 13:41:39 GMT http://www.m2.com/m2/web/story.php/20087C19ED9150CFDB8F802574DA003D7851/text/eqb http://www.m2.com/m2/web/story.php/20084A8E62EC92977E3C802574DA003D782F/text/eqb Piedmont Natural Gas (NYSE: PNY), an energy services company, said on 3 October that it has finalised a site in Davidson County, Tennessee, for its new Nashville operations centre. Monday, 06 Oct 2008 13:31:25 GMT http://www.m2.com/m2/web/story.php/20084A8E62EC92977E3C802574DA003D782F/text/eqb http://www.m2.com/m2/web/story.php/2008FA251D52F4401B43802574DA003D780B/text/eqb Samson Oil & Gas Ltd (AMEX:SSN) (ASX:SSN), an oil and gas company, declared on 5 October that the Bronco drilling rig is in the process of being moved to the Leonard #1-23H well location in the North Harstad Oil Field and is expected to spud the well on 6 Monday, 06 Oct 2008 13:21:22 GMT http://www.m2.com/m2/web/story.php/2008FA251D52F4401B43802574DA003D780B/text/eqb http://www.m2.com/m2/web/story.php/2008315F22D3D8E39C8C802574DA003D77E8/text/eqb Gilla Inc (OTC BB:GLLA.OB), a Nevada-based corporation which owns exploration permits, declared on 3 October that the company has signed a definitive agreement to acquire all the shares of Terra Merchant Resources Corporation, based in Ontario, Canada, wi Monday, 06 Oct 2008 13:09:50 GMT http://www.m2.com/m2/web/story.php/2008315F22D3D8E39C8C802574DA003D77E8/text/eqb http://www.m2.com/m2/web/story.php/20083299131398F293DB802574DA002C76C9/text/eqb Fashion specialty retailer Nordstrom Inc (NYSE: JWN) announced on 3 October the opening of a new, relocated store in Tacoma, Washington, USA. Monday, 06 Oct 2008 12:58:01 GMT http://www.m2.com/m2/web/story.php/20083299131398F293DB802574DA002C76C9/text/eqb http://www.m2.com/m2/web/story.php/20081C926A656F057437802574DA003D77C3/text/eqb Silver Wheaton Corp (SLW) (Toronto:SLW.TO), a company which acquires mineral property interests, declared on 3 October that it has entered into an agreement to purchase 25% of the life of mine silver produced by Alexco Resource Corp (AXU) (Toronto:AXR.TO) Monday, 06 Oct 2008 12:56:28 GMT http://www.m2.com/m2/web/story.php/20081C926A656F057437802574DA003D77C3/text/eqb http://www.m2.com/m2/web/story.php/2008002B47544065094B802574DA002C76A0/text/eqb Longs Drug Stores Corporation (NYSE: LDG), a retail drug store chain, announced on Friday (3 October) that the company will open a new Longs Drugs store in Sanger, California, USA on 4 October. Monday, 06 Oct 2008 12:52:10 GMT http://www.m2.com/m2/web/story.php/2008002B47544065094B802574DA002C76A0/text/eqb http://www.m2.com/m2/web/story.php/20084A2CAE650784B244802574DA003D779E/text/eqb Dayton Superior Corporation (NASDAQ: DSUP), a North American provider of specialised products for the non-residential concrete construction market, reported on 3 October the extension of the exchange expiration date for its previousprivate exchange offer Monday, 06 Oct 2008 12:42:06 GMT http://www.m2.com/m2/web/story.php/20084A2CAE650784B244802574DA003D779E/text/eqb http://www.m2.com/m2/web/story.php/20086B3D63EBCD66CFA1802574DA003A6A40/text/eqb Patriot Coal Corporation (NYSE: PCX), a producer and seller of coal, has released an update on its third quarter 2008 production. Monday, 06 Oct 2008 12:37:07 GMT http://www.m2.com/m2/web/story.php/20086B3D63EBCD66CFA1802574DA003A6A40/text/eqb http://www.m2.com/m2/web/story.php/20080D652112B244E812802574DA003D777C/text/eqb Ormat Technologies Inc (NYSE: ORA), a company primarily engaged in the geothermal and recovered energy power business, said on 5 October that the company has upgraded the Steamboat 2/3 project to bring down the high maintenance costs and improve the low r Monday, 06 Oct 2008 12:36:24 GMT http://www.m2.com/m2/web/story.php/20080D652112B244E812802574DA003D777C/text/eqb http://www.m2.com/m2/web/story.php/200887CE1E9B5D0C627A802574DA003A6A1F/text/eqb The board of directors of Energy Infrastructure Acquisition Corp (AMEX: EII) (EIIW) said on 3 October that it will hold a special meeting of stockholders on 30 October 2008 to consider and approve the dissolution and liquidation of the company. Monday, 06 Oct 2008 12:31:19 GMT http://www.m2.com/m2/web/story.php/200887CE1E9B5D0C627A802574DA003A6A1F/text/eqb http://www.m2.com/m2/web/story.php/20089292020F0318414A802574DA002C767C/text/eqb EMCORE Corporation (Nasdaq: EMKR), a provider of compound semiconductor-based components and subsystems for the broadband, fibre optic, satellite, and terrestrial solar power markets, announced on Friday (3 October) that the company has closed a USD25m re Monday, 06 Oct 2008 12:30:47 GMT http://www.m2.com/m2/web/story.php/20089292020F0318414A802574DA002C767C/text/eqb http://www.m2.com/m2/web/story.php/20083E329B0653E22517802574DA002C7657/text/eqb PCTEL Inc (Nasdaq:PCTI), a provider of propagation and optimisation solutions for the wireless industry, announced on Friday (3 October) that the US Patent and Trademark Office (USPTO) responded favourably to the company's request to re-examine a patent p Monday, 06 Oct 2008 12:29:57 GMT http://www.m2.com/m2/web/story.php/20083E329B0653E22517802574DA002C7657/text/eqb http://www.m2.com/m2/web/story.php/20084008B5685AA7B279802574DA003D774E/text/eqb Isis Pharmaceuticals Inc (Nasdaq: ISIS), a drug development company, declared on 3 October that the company's majority-owned subsidiary, Ibis Biosciences Inc, has received US government grants and contracts from the US Department of Agriculture (USDA), t Monday, 06 Oct 2008 12:29:07 GMT http://www.m2.com/m2/web/story.php/20084008B5685AA7B279802574DA003D774E/text/eqb http://www.m2.com/m2/web/story.php/200835692F1A6A918681802574DA002C7639/text/eqb Information technology company IBM (NYSE:IBM) announced on Friday (3 October) that the company has invested USD60m over a period of ten years and opened three new global delivery centres in Argentina. Monday, 06 Oct 2008 12:28:18 GMT http://www.m2.com/m2/web/story.php/200835692F1A6A918681802574DA002C7639/text/eqb http://www.m2.com/m2/web/story.php/2008395283357478D3F5802574DA003A6A04/text/eqb RAM Energy Resources Inc (Nasdaq: RAME), an oil and natural gas company, said on 3 October that certain financial benchmarks and liquidity had improved at the end of the third quarter. Monday, 06 Oct 2008 12:21:32 GMT http://www.m2.com/m2/web/story.php/2008395283357478D3F5802574DA003A6A04/text/eqb http://www.m2.com/m2/web/story.php/200823054F14DD59BC7A802574DA002C7616/text/eqb EDS, a global technology services provider and a business unit of HP (NYSE:HPQ), announced on Friday (3 October) that the company has signed an agreement with Posten, a messaging and logistics operators in the Nordic region, to host the company's end-user Monday, 06 Oct 2008 12:14:56 GMT http://www.m2.com/m2/web/story.php/200823054F14DD59BC7A802574DA002C7616/text/eqb http://www.m2.com/m2/web/story.php/2008C4747E7684E3EC18802574DA002C75ED/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 Friday (3 October) that the company has enhanced its coverage in Joe Louis Arena, M Monday, 06 Oct 2008 12:03:12 GMT http://www.m2.com/m2/web/story.php/2008C4747E7684E3EC18802574DA002C75ED/text/eqb http://www.m2.com/m2/web/story.php/2008601194C584740823802574DA003A69E0/text/eqb The board of directors of Vector Intersect Security Acquisition Corporation (OTC BB: VTRQ.OB) declared on 3 October that the record date for determining stockholders entitled to vote at the special shareholder meeting is 17 October 2008. Monday, 06 Oct 2008 12:01:33 GMT http://www.m2.com/m2/web/story.php/2008601194C584740823802574DA003A69E0/text/eqb http://www.m2.com/m2/web/story.php/20089D4CCE5B22637785802574DA003A69BB/text/eqb U.S. Trust, as Trustee of the Sabine Royalty Trust (NYSE: SBR), a company that receives a royalty distribution and mineral interests from Sabine Corporation, announced on 3 October a cash distribution for its units of beneficial interest of USD0.58396 per Monday, 06 Oct 2008 11:56:56 GMT http://www.m2.com/m2/web/story.php/20089D4CCE5B22637785802574DA003A69BB/text/eqb http://www.m2.com/m2/web/story.php/2008AE51C1E99C099672802574DA002D0202/text/eqb The NASDAQ OMX Group Inc (NasdaqGS: NDAQ), a provider of trading, exchange technology and public company services, reported on 3 October that the common stock of Favrille Inc will be delisted from the NASDAQ Stock Market. Monday, 06 Oct 2008 11:24:21 GMT http://www.m2.com/m2/web/story.php/2008AE51C1E99C099672802574DA002D0202/text/eqb http://www.m2.com/m2/web/story.php/2008021F9459FC775268802574DA00285042/text/eqb Eli Lilly and Company (NYSE: LLY), a provider of first-in-class and best-in-class pharmaceutical products, announced on 3 October that the company has signed a collaboration and worldwide licensing agreement with Deciphera Pharmaceuticals LLC, a drug disc Monday, 06 Oct 2008 11:23:28 GMT http://www.m2.com/m2/web/story.php/2008021F9459FC775268802574DA00285042/text/eqb http://www.m2.com/m2/web/story.php/20088DAF9148FCBD1516802574DA002CFFF3/text/eqb Navidec Financial Services Inc (OTC BB: NVDF.OB), a company that provides mortgage and business development services, said on 3 October that its proposed dividend distributions, announced previously, have been modified for ease of administration. Monday, 06 Oct 2008 11:19:28 GMT http://www.m2.com/m2/web/story.php/20088DAF9148FCBD1516802574DA002CFFF3/text/eqb http://www.m2.com/m2/web/story.php/2008E19754FB9652807C802574DA00285020/text/eqb MidAmerican Energy Holdings Company, a provider of energy services, and Constellation Energy (NYSE: CEG), a supplier of electricity, announced on 3 October that the two companies have jointly made regulatory filings with the US Nuclear Regulatory Commissi Monday, 06 Oct 2008 11:13:33 GMT http://www.m2.com/m2/web/story.php/2008E19754FB9652807C802574DA00285020/text/eqb http://www.m2.com/m2/web/story.php/2008E4EE2387F2CF9CC7802574DA002CFFCF/text/eqb The board of directors of RMK Advantage Income Fund Inc (NYSE: RMA), a diversified and closed-end management investment company, declared on 3 October a monthly dividend of USD0.015 per share. Monday, 06 Oct 2008 11:07:42 GMT http://www.m2.com/m2/web/story.php/2008E4EE2387F2CF9CC7802574DA002CFFCF/text/eqb http://www.m2.com/m2/web/story.php/20086A946C01718C59AF802574DA002CFFA5/text/eqb Ebix Inc (NASDAQ: EBIX), a provider of software and e-commerce solutions for the insurance industry, disclosed on 3 October that the company has submitted a revised offer to acquire HealthAxis Inc (NASDAQ: HAXS). Monday, 06 Oct 2008 11:03:15 GMT http://www.m2.com/m2/web/story.php/20086A946C01718C59AF802574DA002CFFA5/text/eqb http://www.m2.com/m2/web/story.php/2008B711B3AA5E3A2B43802574DA002850B8/text/eqb PPG Industries (NYSE:PPG), a supplier of paints, coatings, chemicals, optical products, specialty materials, glass and fibre glass, and Gentex Corporation (Nasdaq:GNTX), a provider of products to the automotive industry, North American fire protection mar Monday, 06 Oct 2008 10:56:39 GMT http://www.m2.com/m2/web/story.php/2008B711B3AA5E3A2B43802574DA002850B8/text/eqb http://www.m2.com/m2/web/story.php/200860937E464D5A616B802574DA00284FFE/text/eqb Arsenal Capital Partners, a New York-based private equity firm that invests in middle-market speciality industrial, healthcare and financial services companies, declared on 3 October that the company has entered into a definitive agreement to acquire the Monday, 06 Oct 2008 10:55:18 GMT http://www.m2.com/m2/web/story.php/200860937E464D5A616B802574DA00284FFE/text/eqb http://www.m2.com/m2/web/story.php/2008929DFE7B786B1CDB802574DA002851AD/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 Friday (3 October) that the company has activated a new cell site in Worcester coun Monday, 06 Oct 2008 10:43:42 GMT http://www.m2.com/m2/web/story.php/2008929DFE7B786B1CDB802574DA002851AD/text/eqb http://www.m2.com/m2/web/story.php/20088B7546490BA6F13C802574DA00284FDD/text/eqb The board of directors of Innophos Holdings Inc (Nasdaq: IPHS), a manufacturer of speciality phosphates, declared on 3 October a dividend of USD0.17 per share on its common stock. Monday, 06 Oct 2008 10:39:20 GMT http://www.m2.com/m2/web/story.php/20088B7546490BA6F13C802574DA00284FDD/text/eqb http://www.m2.com/m2/web/story.php/2008EB5BC9AF1BB2F066802574DA0028518A/text/eqb ORBCOMM Inc (Nasdaq: ORBC), a satellite data communications company focused on two-way Machine-to-Machine (M2M) communications, announced on Friday (3 October) that the US Coast Guard has amended its agreement with the company. Monday, 06 Oct 2008 10:36:15 GMT http://www.m2.com/m2/web/story.php/2008EB5BC9AF1BB2F066802574DA0028518A/text/eqb http://www.m2.com/m2/web/story.php/2008E95053DC0D7493FB802574DA00284FBC/text/eqb Celanese Corporation (NYSE:CE), an integrated chemical company, reported on 3 October a quarterly dividend of USD0.04 per share on its common stock, as well as USD0.265625 per share on its 4.25% convertible perpetual preferred stock. Monday, 06 Oct 2008 10:36:08 GMT http://www.m2.com/m2/web/story.php/2008E95053DC0D7493FB802574DA00284FBC/text/eqb http://www.m2.com/m2/web/story.php/20082E0CDEFFA633FA39802574DA00285166/text/eqb IDT Corporation (NYSE: IDT) (NYSE: IDT.C), a multinational holding company, announced on Friday (3 October) that the company's board of directors has approved a chief executive officer succession plan. Monday, 06 Oct 2008 10:34:55 GMT http://www.m2.com/m2/web/story.php/20082E0CDEFFA633FA39802574DA00285166/text/eqb http://www.m2.com/m2/web/story.php/2008A9AE6B187D805F8B802574DA002CFF7E/text/eqb Intellicheck Mobilisa Inc (AMEX: IDN), a developer of wireless technology and identity systems, announced on 3 October a task order worth USD3.18m from the US Navy. Monday, 06 Oct 2008 10:26:56 GMT http://www.m2.com/m2/web/story.php/2008A9AE6B187D805F8B802574DA002CFF7E/text/eqb http://www.m2.com/m2/web/story.php/20086593CC087EE8B294802574DA00284F9B/text/eqb Platina Energy Group Inc (OTC BB:PLTG.OB) (Frankfurt:O5Y.F), an E&P strategic reserve company, said on 3 October that the company will commence its drilling activity in Kentucky with immediate effect. Monday, 06 Oct 2008 10:26:47 GMT http://www.m2.com/m2/web/story.php/20086593CC087EE8B294802574DA00284F9B/text/eqb http://www.m2.com/m2/web/story.php/20085D32AB6E40EBF494802574DA00285143/text/eqb IDT Corporation (NYSE: IDT) (NYSE: IDT.C), a multinational holding company, announced on Friday (3 October) that the NYSE has notified the company that it does not meet one of its continuing listing standards. Monday, 06 Oct 2008 10:21:48 GMT http://www.m2.com/m2/web/story.php/20085D32AB6E40EBF494802574DA00285143/text/eqb http://www.m2.com/m2/web/story.php/20086A153D3BF60EAD29802574DA00284F7A/text/eqb Cano Petroleum Inc (Amex:CFW), an independent Texas-based energy producer, declared on 3 October that the company has closed the sale of its subsidiary, Pantwist LLC, to Legacy Reserves Operating LP for USD42.7m. Monday, 06 Oct 2008 10:13:00 GMT http://www.m2.com/m2/web/story.php/20086A153D3BF60EAD29802574DA00284F7A/text/eqb http://www.m2.com/m2/web/story.php/200822A64989947FD9AE802574DA00284F59/text/eqb The investment value of industrial projects under construction in Texas has reportedly been estimated to be USD25bn from 182 projects. The new data reflects a slight increase from the February 2008 analysis of USD24bn from 163 industrial projects under co Monday, 06 Oct 2008 10:05:40 GMT http://www.m2.com/m2/web/story.php/200822A64989947FD9AE802574DA00284F59/text/eqb http://www.m2.com/m2/web/story.php/200881DFE420A3B6F4D3802574DA0028511E/text/eqb Red Robin Gourmet Burgers Inc (Red Robin) (Nasdaq:RRGB), a casual dining restaurant chain, announced on Friday (3 October) that the company will open a new restaurant in Aurora, Colorado, USA today (6 October). Monday, 06 Oct 2008 09:55:54 GMT http://www.m2.com/m2/web/story.php/200881DFE420A3B6F4D3802574DA0028511E/text/eqb http://www.m2.com/m2/web/story.php/2008F8E4D42F8DBA1D81802574DA00284F39/text/eqb SemGroup Energy Partners LP (NASDAQ: SGLP), a company which owns and operates midstream energy assets, declared on 3 October the appointments of Duke R. Ligon and Dave Miller as members of the board of directors of the company's general partner, SemGroup Monday, 06 Oct 2008 09:47:38 GMT http://www.m2.com/m2/web/story.php/2008F8E4D42F8DBA1D81802574DA00284F39/text/eqb http://www.m2.com/m2/web/story.php/20087499631FA477A85F802574DA002850FC/text/eqb Family Dollar Stores Inc (NYSE: FDO), a discount retail chain, on 3 October reported earnings results for the fourth quarter and full year of fiscal 2008, ended 30 August 2008. Monday, 06 Oct 2008 09:39:21 GMT http://www.m2.com/m2/web/story.php/20087499631FA477A85F802574DA002850FC/text/eqb