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Transax Reports First Quarter 2009 Results

May 21, 2009 4:36 am | by The Associated Press | News | Comments

Transax International Limited (Transax) (OTCBB: TNSX), a network solutions company for healthcare providers and health insurance companies, today reported financial results for first quarter ended March 31, 2009.For the quarter ending March 31, 2009, Transax generated net revenues of $952,318...

Treasurys drop on worries over UK debt, supply, US

May 21, 2009 4:36 am | by The Associated Press | News | Comments

NEW YORK (AP) — Treasury prices dropped Thursday as credit ratings agency Standard & Poor's raised questions about the ability of governments to stimulate the economy with public spending.Standard & Poor's said Britain may have its rating cut because of rising debt levels, which would raise...

Ahead of the Bell: 4Q recovery seen for Limited, APFN

May 21, 2009 4:31 am | by The Associated Press | News | Comments

NEW YORK (AP) — Limited Brands Inc.'s prospects for a fourth-quarter recovery are good after it beat Wall Street expectations, an analyst said Thursday.Limited, which operates Victoria's Secret, Bath and Body Works and other stores, late Wednesday reported a first-quarter profit, beating...

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Recent editorials from Alabama newspapers, 2Takes, AL

May 21, 2009 4:31 am | by The Associated Press | News | Comments

Recent editorials from Alabama newspapers:The Anniston Star on Sonia Sotomayor:When Alabama's Hugo Black was called to be a Supreme Court justice by President Franklin D. Roosevelt in 1937, the powerful senator already exuded influence.The strength of his character, however, came from his humble...

Holdings Board Continues to Believe Amalgamation with Max Will Provide Superior Value to IPC Shareholders Business Editors

May 21, 2009 4:31 am | by The Associated Press | News | Comments

HAMILTON, Bermuda-- (BUSINESS WIRE) — May 21, 2009-- IPC Holdings, Ltd. (NASDAQ: IPCR; BSX: IPCR BH) announced today that its Board of Directors unanimously reaffirmed its recommendation of IPC's proposed amalgamation with Max Capital Group Ltd. (NASDAQ: MXGL; BSX: MXGL BH). The Board unanimously...

Maine hostage heroes honored, ME

May 21, 2009 4:31 am | by The Associated Press | News | Comments

AUGUSTA, Maine (AP) — Four Stockton Springs Elementary School employees and 10 police officers have been honored for their handling of a hostage situation at the school last Halloween.The four school employees received an award for bravery and police were recognized for their actions during a Maine...

Zippo lighter-making plant begins 8-day shutdown, PA

May 21, 2009 4:31 am | by The Associated Press | News | Comments

BRADFORD, Pa. (AP) — Zippo Manufacturing Co. is shutting down its cigarette lighter plant in north central Pennsylvania for eight days because of the soft economy.The shutdown in Bradford begins Thursday and will end May 29.Company officials aren't saying how many workers are affected by the...

HL:Southwestern Resources says Hochschild cancels $22.5-million takeover deal@

May 21, 2009 4:26 am | by The Associated Press | News | Comments

VANCOUVER — Southwestern Resources Corp. (TSX:SWG) said late Wednesday that a takeover deal for Hochschild Mining PLC has fallen through.The Vancouver-based company said Hochschild cancelled the $22.5-million deal after documents were released concerning the sale of Southwestern's troubled Boka...

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HL:Paladin Labs strikes $51 million bought deal financing of common shares@

May 21, 2009 4:25 am | by The Associated Press | News | Comments

MONTREAL — Paladin Labs Inc. (TSX:PLB), a Canadian specialty pharmaceutical company, said Thursday it has entered into a bought deal agreement with Cormark Securities Inc. and GMP Securities L.P., as co-lead underwriters, to sell three million shares at $17 each to raise $51 million.Paladin said...

Zimbabwe premier says foreign reporters allowed, 4th Ld-Writethru, AF

May 21, 2009 4:25 am | by ANGUS SHAW - Associated Press Writer - Associated Press | News | Comments

HARARE, Zimbabwe (AP) — Zimbabwean Prime Minister Morgan Tsvangirai says foreign journalists are free to report in the troubled southern African nation where many have previously been banned and others arrested and harassed.The veteran opposition leader who formed a coalition with longtime...

Ahead of the Bell: Fifth Third Bancorp

May 21, 2009 4:25 am | by The Associated Press | News | Comments

NEW YORK (AP) — Shares of Fifth Third Bancorp fell in premarket trading Thursday, a day after the regional bank announced a stock offer and debt exchange program to help boost its capital base.After the market closed Wednesday, the Cincinnati-based bank said it will raise $750 million through the...

LEAD: Japan, Pacific island nations meet in Hokkaido+

May 21, 2009 4:25 am | by The Associated Press | News | Comments

SHIMUKAPPU, Japan, May 22 (Kyodo) — (EDS: UPDATING, ADDING INFO, CHANGING DATELINE)The leaders of Japan and Pacific island nations gathered Friday for a two-day meeting in Hokkaido to discuss ways to deal with climate change and other issues facing the island nations.At the fifth Japan-Pacific...

Public gets say on Wal-Mart near Va. battlefield, 4th Ld-Writethru, VA

May 21, 2009 4:25 am | by STEVE SZKOTAK - Associated Press Writer - Associated Press | News | Comments

ORANGE, Va. (AP) — Wal-Mart officials asked planners in a rural Virginia county Thursday to approve a Supercenter near a rolling green expanse where Robert E. Lee and Ulysses S. Grant first met in battle in the Civil War.The proposal was welcomed by residents who said the 138,000-square foot store...

Independence Bowl sponsor: AdvoCare International, FBC

May 21, 2009 4:25 am | by The Associated Press | News | Comments

SHREVEPORT, La. (AP) — A direct sales marketer of nutritional and skin care products is the new sponsor for the Independence Bowl.President and CEO Richard Wright says AdvoCare International LP of Carrollton, Texas, has agreed to a title sponsorship for the 2009 game and a five-year option.The...

Arcandor, Metro discussing department store merger, 1st Ld-Writethru, EU

May 21, 2009 4:20 am | by The Associated Press | News | Comments

BERLIN (AP) — Germany's Kaufhof and Karstadt department stores could be combined under a new company to be called Deutsche Warenhaus AG, the two chains' owners announced Thursday in a joint statement.Chairmen Eckhard Cordes of Metro AG, which operates the Kaufhof chain, and Karl-Gerhard Eick of...

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