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PR News Wire (Free subscription) | yesterday
FREMONT, Calif., Nov. 24 /PRNewswire-FirstCall/ -- Vermillion, Inc. (VRML) (Pink Sheets: VRMLQ) announced the Company filed its Plan of Reorganization and Disclosure Statement today, November 24, 2009, with the United States Bankruptcy Court for the District of Delaware. A hearing to consider approval of the Disclosure Statement is presently scheduled for December 8, 2009, with the hearing on the confirmation...
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PR News Wire (Free subscription) | 11/24/2009
BALTIMORE, Nov. 23 /PRNewswire/ -- BlueHippo Funding, LLC, a direct response marketing company, announced today that it has filed for Chapter 11 bankruptcy. The move was precipitated by a surprise action from its payment processor's bank, First Region's Bank, which without warning froze funds that belonged to BlueHippo.
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Financial Skeptic (Free subscription) | 11/23/2009
LDK Solar (LDK) released financial results and here are a few things investors may worry about. 1. Accounts receivable are equal to 100% of the last reported quarters revenues. Does anyone pay a bill? 2. The balance sheet reads more like a financial institution than a high tech manufacturing enterprise. Prepayments to suppliers show up in both current assets and long term assets expecting to last longer...
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PR News Wire (Free subscription) | 11/21/2009
WASHINGTON, Nov. 20 /PRNewswire/ -- Axiant LLC, a leading provider of integrated legal collections services, announced today that it has signed a binding agreement to be acquired by NCO Group, Inc. ("NCO"), a leading provider of accounts receivable outsourcing services.
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PR News Wire (Free subscription) | 11/20/2009
MECHANICSBURG, Pa., Nov. 20 /PRNewswire/ -- Taylor-Wharton International, LLC ("TWI" or the Company"), the world's leading technology, service and manufacturing network for gas applications involving pressure vessels and precision valves, announced it has received Court approval of its "first day" motions. These motions allow the Company to continue normal business operations...
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PR News Wire (Free subscription) | 11/19/2009
MARIETTA, Ohio, Nov. 19 /PRNewswire-FirstCall/ -- The Board of Directors of Peoples Bancorp Inc. (Nasdaq: PEBO) today declared a cash dividend of $0.10 per common share payable January 4, 2010, to common shareholders of record on December 15, 2009.
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PR News Wire (Free subscription) | 11/17/2009
REYKJAVIK, Iceland, Nov. 17 /PRNewswire-FirstCall/ -- deCODE genetics, Inc. (Nasdaq: DCGN) today announced that it has filed a voluntary petition for relief under Chapter 11 of the United States Bankruptcy Code with the United States Bankruptcy Court for the District of Delaware to facilitate the sale of substantially all of its assets. deCODE is continuing to operate its business and manage its properties...
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Market Watch (Free subscription) | 11/14/2009
TOKYO (MarketWatch) -- Private-equity firm Bain Capital LLC is set to announce the acquisition of Japanese telemarketer Bellsystem24 Inc. from Citigroup Inc. (C) by Monday, according to a person familiar with the matter, in a deal valued at more than $1 billion.
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SeekingAlpha.com (Free subscription) | 11/14/2009
Radu Haraga submits: It took me a while to get my fingers on this Princeton University Press book . I was a bit anxious, since this corporate study textbook (published summer 2009) has already become quite well known in the academic environment. It is used as a study text by many universities and it can be cited as a different approach on the already over-published field of the super-trooper and sophisticated...
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PR News Wire (Free subscription) | 11/11/2009
NEW YORK, Nov. 11 /PRNewswire/ -- James W. Giddens, the Trustee for the Liquidation of Lehman Brothers Inc. (LBI), with assistance of his counsel at Hughes Hubbard & Reed LLP, today filed his Second Interim Report for the period May 30 to November 11, 2009 with the United States Bankruptcy Court for the Southern District of New York. The Trustee has now administered more than $110 billion in the...
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PR News Wire (Free subscription) | 11/09/2009
DENVER, Nov. 9 /PRNewswire-FirstCall/ -- Teton Energy Corporation ("Teton") (Nasdaq: TEC) today announced that it and each of its subsidiaries have filed voluntary Chapter 11 petitions and a proposed plan of reorganization under Chapter 11 of the United States Bankruptcy Code in the United States Bankruptcy Court for the District of Delaware.
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SeekingAlpha.com (Free subscription) | 11/09/2009
The Unknown Professor submits: The Equity Risk Premium is one of the central concepts of finance theory and practice. However, when we teach it in class (usually as part of the CAPM), we tend to do a lot of hand-waving and tell students to use historical ERPs. Aswath Damodaran of New York University has an excellent piece on SSRN titled "Equity Risk Premiums: Determinants, Estimation, and Implications"...
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PR News Wire (Free subscription) | 11/03/2009
IRVINE, Calif., Nov. 3 /PRNewswire/ -- Hunter Wise Financial Group, LLC is pleased to announce the appointment of Dr. Christopher P. Gayde as Managing Director of its Life Sciences Group. Dr. Gayde has relocated to the Irvine Corporate Headquarters from the Hunter Wise Michigan office and has been assigned to build the Hunter Wise corporate finance and mergers and acquisitions programs specifically...
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Market Wire (Free subscription) | 11/02/2009
NEW YORK, NY (MARKET WIRE) Novo Energies Corporation (OTCBB: NVNC) ("Novo" or the "Company"), an alternative energy Company, announced today that the Company's Vice President Corporate Finance and Communications, Mr. Faisal Butt has been invited to speak at the "3rd Annual Essential CleanTech Investor Summit 2009" to be held on November 10, 2009 at Park Plaza Victoria...
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PR News Wire (Free subscription) | 10/27/2009
FORT MILL, S.C., Oct. 27 /PRNewswire/ -- Muzak Holdings LLC and certain of its subsidiaries (together, the "Company") today announced that the United States Bankruptcy Court for the District of Delaware (the "Court") has approved the Disclosure Statement filed in connection with the Company's proposed Plan of Reorganization and authorized Muzak to solicit approval of the Plan of...
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kellywangman | 07/29/2008
Chery Auto plans IPO by year-end By Ally From:Gasgoo.com July 29, 2008 Shanghai, July 29 (Gasgoo.com) Chery Automobile Co is preparing to go public before the end of this year at the latest, company Chairman said, according to the Economic Observer newspaper. "We have had our IPO date postponed repeatedly amid share market gloom, but it will be come no later than the year-end," Yin Tongyao said. Yin
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tobocseo | 06/25/2008
Pharmaceutical powerhouse of Japan Daiichi Sankyo's acquisition of Ranbaxy Laboratories, India 's largest drug company is likely to have a domino effect on mergers and acquisitions of Indian pharmaceutical companies. The business model which brought mega bucks to the kitty of Ranbaxy would influence other firms in the industry to follow suit. Ranbaxy is one of the few Indian firms that have made a...
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gumir | 04/30/2008
VIProMotion corporate communications agency in association with Financial Institution's Association of Kazakhstan is organizing Corporate Finance 2008 International Conference on May 20 and 21, 2008 in Atakent Exhibition Center, Almaty, Kazakhstan. The goal of the Conference is to identify latest trends in corporate finance, discuss the recent changes in legislation. Highly reputed consultants of
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