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Timminco Provides Update on Class Action Lawsuit

May 19, 2009 4:41 am | by The Associated Press | News | Comments

Timminco Limited ("Timminco")(TSX: TIM) announced that it has accepted service of a proposed class action commenced in the Ontario Superior Court on May 14, 2009 by Ravinder Kumar Sharma, alleging that Timminco and others made certain misrepresentations in 2008 regarding Timminco's solar-grade...

Ahead of the Bell: Steel and Metals, APFN

May 19, 2009 4:41 am | by The Associated Press | News | Comments

HARTFORD, Conn. (AP) — Second-quarter earnings in the steel and metals sector may improve as the industry benefits from better access to capital, higher prices for scrap metals and a possible recovery in China's markets, an analyst said Tuesday.KeyBanc Capital Markets analyst Mark L. Parr said he...

Pure H20 Bio-Technologies, Inc. Announces Letter of Intent From H.M. Northcutt Corporation For Product Installation and Service Business Editors

May 19, 2009 4:41 am | by The Associated Press | News | Comments

BOCA RATON, Fla.-- (BUSINESS WIRE) — May 19, 2009-- Pure H2O Bio-Technologies, Inc. (Pink Sheets: PRHB) announced today its receipt of a letter of intent from H.M. Northcutt Corporation, regarding the installation, monitoring and service of the first 100 Hospital Potable Water Disinfection Systems,...

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Company innovates by decorating lid using the In-Mold Labeling technology

May 19, 2009 4:41 am | by The Associated Press | News | Comments

IPL Inc. (TSX: IPI.A), one of North America's leading manufacturers of plastic products, has been awarded a contract by the City of Boston, Massachusetts totaling approximately US$4 million to manufacture wheeled carts for the collection of waste materials. Production will take place at the...

AMNE Sells Its First County for $250,000

May 19, 2009 4:35 am | by The Associated Press | News | Comments

American Green Group, Inc. (PINKSHEETS: AMNE) is pleased to announce that its wholly owned subsidiary, Eco-Built Systems LLC, d/b/a Paradigm Polymers has sold it first county for $250,000.AMNE recently acquired Ecosafe Premium Foam@ and has since been traveling around the country signing up sales...

Independent Research Firm Selects Boomi as an Industry Leader in Integration for Second Straight Year

May 19, 2009 4:35 am | by The Associated Press | News | Comments

http://www.boomi.com () —Boomi (http://www.boomi.com/) , the market and technology leader for on-demand integration, today announced the selection of the company in JMP Securities' report "Hot 100: The Best Privately Held Software Companies." Boomi was selected as a leader in the Analytics and Data...

Daimler takes stake in US electric car maker Tesla, EU

May 19, 2009 4:35 am | by MATT MOORE - AP Business Writer - Associated Press | News | Comments

FRANKFURT (AP) — German automaker Daimler AG said Tuesday it has acquired a nearly 10 percent stake in California-based electric car maker Tesla Motors Inc. as part of plans to ramp up its own electric car production.The two companies are already working together on using Tesla's lithium-ion...

Housing construction drops 12.8 percent in April

May 19, 2009 4:35 am | by MARTIN CRUTSINGER - AP Economics Writer - Associated Press | News | Comments

WASHINGTON (AP) — Housing construction plunged to a record low in April as a steep drop in apartment building offset a rebound in single-family construction.The Commerce Department says construction of new homes and apartments fell 12.8 percent last month to a seasonally adjusted annual rate of...

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Ahead of the Bell: BMO analyst upgrades Avon, APFN

May 19, 2009 4:35 am | by The Associated Press | News | Comments

NEW YORK (AP) — Shares of cosmetics company Avon Products Inc. were upgraded to "Market Perform" from "Underperform" by a BMO Capital Markets analyst as the company signed up 1 million new representatives in the first quarter.Analyst Connie Maneaty also said the company should offer more details of...

Schering-Plough, Novartis amend contract, APFN

May 19, 2009 4:30 am | by The Associated Press | News | Comments

NEW YORK (AP) — Schering-Plough Corp. and Novartis AG said Tuesday they have amended their development and sales deal for respiratory drugs, with both assuming rights to different compounds.Under the new terms, Kenilworth, N.J.-based Schering-Plough assumes exclusive worldwide rights to develop and...

Headquarters Wins 2009 Landmark Award National Desks/Business Editors

May 19, 2009 4:30 am | by The Associated Press | News | Comments

WASHINGTON-- (BUSINESS WIRE) — May 19, 2009-- Today, the American Society of Landscape Architects (ASLA) and the National Trust for Historic Preservation announced the PepsiCo World Headquarters in Purchase, N.Y., as the winner of the 2009 Landmark Award. The award recognizes a project's design...

Airlines employee dies in fall at MIA, 1st Ld, FL

May 19, 2009 4:30 am | by The Associated Press | News | Comments

MIAMI (AP) — An American Airlines employee has died after falling at Miami International Airport.Authorities say 43-year-old Thomas Juxovich fell when he was supervising baggage being loaded on a flight bound for Sao Paulo, Brazil. Juxovich was pronounced dead at the scene Tuesday morning.The...

Watch that invite from Kiefer Sutherland, APFN

May 19, 2009 4:29 am | by The Associated Press | News | Comments

NEW YORK (AP) — It was either an inadvertent or cleverly subtle attempt at humor when Kiefer Sutherland invited hundreds of advertisers Monday to join him at the bar.The star of Fox's "24" was charged with third-degree assault for head-butting a fashion designer at a New York nightclub earlier this...

Saks posts smaller 1st-quarter loss than expected

May 19, 2009 4:29 am | by ANNE D'INNOCENZIO - AP Retail Writer - Associated Press | News | Comments

NEW YORK (AP) — Luxury retailer Saks Inc. reported a loss for the first quarter Tuesday as it struggles with the pullback in spending by its wealthy customers. Still, the results beat analysts' expectations as the chain benefited from cost cuts — sending shares up nearly 18 percent.The operator of...

Harrison Co. judge to retire, MS

May 19, 2009 4:29 am | by The Associated Press | News | Comments

GULFPORT, Miss. (AP) — Circuit Judge Jerry O. Terry Sr., says he will retire June 30.Terry says he had notified Gov. Haley Barbour of his decision.The 75-year-old Terry has served on the bench nearly 22 years in the 2nd Circuit Court District of Mississippi. The district includes Harrison, Hancock...

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