Green Energy Live Extends Letter of Intent to Acquire Leading Electrical Services Company With $6 Million in Revenue

GRAND RAPIDS, MI--(Marketwire - April 29, 2010) - Green Energy Live Inc. (OTCBB: GELV), a growing clean energy company engaged in developing sustainable biomass-to-energy conversion solutions for the U.S. livestock industry, is pleased to announce that the Company is continuing to move forward with its acquisition of Peck Electric Inc., a Vermont corporation. On April 28, 2010 Green Energy Live updated its Letter of Intent to acquire 100% of the stock in Peck Electric, an established provider of electrical contracting services which generated $6 million in gross revenue in 2009. The prior letter of intent to acquire Peck contemplated that the purchase would be closed by April 25, 2010. The updated (new) letter contemplates closing of the purchase by June 15, 2010. 

Grand Pacaraima Gold Corporation Announcing Letter of Intent With PT JASMINE EKA KARYA

VERNON, BC--(Marketwire - April 29, 2010) - Grand Pacaraima Gold Corporation (PINKSHEETS: GPGD) announces the execution of a letter of intent providing for the acquisition of PT JASMINE EKA KARYA ("Jasmine") to merge certain assets, of Jasmine and related entities, into GPGD. These assets are to include B & E Resources, Ltd., general and marine offshore oil rig maintenance and Construction Company with over 20 years' experience in the industry. B & E Ltd. has acquired a contract to upfit three semi-submergible oil drilling rigs to be acquired by Pemex S.A., the Mexican National Oil Company. This transaction represents the company's mergers and acquisition strategy.

Microchip Technologies (MCHP)

<b>Microchip Technologies</b> (<a href=http://www.zacks.com/stock/quote/mchp>MCHP</a>) recently increased its guidance for Q4:FY10 driven by increased demand from customers in Asia and Europe. In particular, China continues to be strong after the New Year while Europe is expected to exceed seasonally strong March quarter results. <p> The company now expects sales to be up 8% sequentially compared to the previous guidance of 3-7%. Microchip expects record bookings in the quarter, which bodes well for the next quarter. Inventory is expected to be flat to down in the March quarter. <p> With signs of recovery, we raise our estimates following management&#39;s upbeat guidance and expect Microchip to deliver solid results in the coming quarters. The dividend yield of 4.49% continues to be the key attractive feature of the stock. Hence, we upgrade our rating to Outperform from Neutral.

Diageo Plc – ADR (DEO)

We are downgrading our recommendation on <b>Diageo Plc.</b> (<a href=http://www.zacks.com/stock/quote/deo>DEO</a>) to Underperform from Neutral as we anticipate it to perform well below the broader market. The global economic downturn has negatively impacted demand for Diageo&#39;s premium offerings, thereby affecting both top- and bottom-line performance. <p> Moreover, the company is facing intense competition from other well-established players, which are aggressively expanding their presence through mergers and acquisitions. Further, exposure to seasonal fluctuations and adverse foreign currency translations also undermine the company&#39;s future growth prospects and profitability. <p> Diageo&#39;s ADR is trading at a discount to the peer group, based on forward earnings estimates. Our long-term Underperform recommendation on the stock indicates that it would perform well below the broader market. Our target price of $64.00, 14.1X 2010 EPS, reflects this view.

Arthur Hill: STOCKS FIRM AS FED STANDS PAT – S&P 500 AND NASDAQ FIND SUPPORT NEAR LAST WEEK’S LOW – GOLD MINERS ETF SURGES TO THREE MONTH HIGH – PERFCHART REFLECTS WEAKNESS IN EUROPEAN PERIPHERY – SPAIN, ITALY AND PORTUGUESE INDICES BREAK DOWN – SHANGHAI COMPOSITE TESTS KEY SUPPORT LEVEL

[[http://stockcharts.com/members/videos/|Link for today’s video.]] There were no surprises from the Fed today. After a two day meeting, the FOMC issued its policy statement at 2:15 today. Fed...

Seguros Universal Inc. Announces New Brand, ATL Insurance, LLC

ATLANTA, GA--(Marketwire - April 28, 2010) -  Seguros Universal Inc., one of the largest providers of auto insurance with an emphasis on serving Hispanic consumers, today officially announced one of its newest agency brands, ATL Insurance, LLC.

calREDD(R), MRMLS Announce Intent to Merge the Two MLSs; New Multiple Listing Service Will Serve More Than 33,000 Real Estate Professionals Statewide

LOS ANGELES, CA--(Marketwire - April 28, 2010) -  calREDD® and the Multi-Regional Multiple Listing Service Inc. (MRMLS) today announced their intent to merge the operations of the two organizations, creating one dynamic multiple listing service (MLS) provider serving more than 33,000 real estate professionals and 22 REALTOR® associations statewide. Both boards of directors have agreed to a framework within which to finalize an agreement that will be presented to their respective associations and boards of directors for final approval.

BDA Announces Definitive Agreement to Acquire Evigna

Nation's Largest Merchandise Agency (SM) to Acquire Michigan-Based Top 25 Ad Specialties Distributor

BDA Announces Definitive Agreement to Acquire Evigna

Nation's Largest Merchandise Agency to Acquire Detroit-Based Top 25 Ad Specialties Distributor

Publishing Industry Stock Review – April 2010

Most media observers viewed 2009 as a watershed for the industry, but the picture remains gloomy. We are favorable on McClatchy, but not on The Washington Post.

← Previous PageNext Page →