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back to .0001
Tons of insider buying this past fall should i join them?
Wow just looked at ung's 5 year chart
I'm not real familiar with any other oil stocks i've been watching uso for awhile
Deutsche Bank expects to provide notice of this redemption on September 9, 2009. The repurchase value of the Notes will be determined as of the date notice is given. Payment of the repurchase value of the Notes will be made on the third business day following the date of notice. Daily creations of DXO will remain suspended. Daily repurchases at the option of investors will be accepted in the normal manner up to and including September 9.*
DXO will be liquidated at net asset value on September 9.
Redeem for ?
Wow wonder why news coming?
Any body know the future court dates for the bankruptcy
Why isn't sscjq rising along with ssccq?
Will it be a big bounce back tomorrow?
Resetting to a new month will that be a good thing?
lots and lots of insider buying here last month
Why isn't this higher crude peaked at $146 and dxo peaked at the same time for just under $30. Crude is about a third of its high and dxo is about an eighth of its high
Is this a total shim sham fund.A dividend of $90 paid with stock after a reverse split of 1-10.
Good buy?
Most volume in awhile
wow todays price
gpm's holding date for the dividend is friday
WASHINGTON – The Federal Reserve has granted a request by the financing arm of General Motors to tap the government's $700 billion rescue fund, bolstering GM's ability to survive.
The Fed announced Wednesday that it had approved GMAC Financial Services' request to become a bank holding company. That designation makes GMAC eligible to receive a portion of the bailout fund and get emergency loans directly from the Fed.
Analysts had speculated that without financial help, GMAC would have had to file for bankruptcy protection or shut down, dealing a serious blow to GM's own chances for survival. The Fed cited "emergency conditions" in justifying its decision.
The move to rescue an auto financing company was just the latest extension of the federal bailout program, which has designed to shore up ailing banks but has grown to include insurers and credit card companies.
GMAC provides financing for both GM dealers and customers as well as home mortgage loans through its Residential Capital LLC division. The company is 51 percent owned by Cerberus Capital Management LP, the investment fund that also owns Chrysler. GM owns the remaining 49 percent of the company.
Under the Fed's order, Cerberus and GM, whose businesses are mainly outside banking, would both have to significantly reduce their ownership stakes in GMAC. GM has committed to reducing its ownership in GMAC to less than 10 percent. Cerberus was ordered to reduce its stake to 33 percent of total equity in the company.
A GMAC bankruptcy filing would have cut off financing to the roughly 85 percent of GM's North American dealers it does business with.
The future of Chrysler Financial, Chrysler's financing arm, is also uncertain. Earlier this month, Chrysler Financial, which provides financing for 75 percent of Chrysler dealers, said it could be forced to temporarily suspend funding for dealer vehicle inventories if dealers keep pulling large amounts of their money out of an account used to fund those loans.
The Fed's decision was announced after the close of a shortened trading day on Wall Street. GM shares closed up more than 8 percent earlier Wednesday.
The Fed said the plan will "benefit the public by strengthening GMAC's ability to fund the purchases of vehicles manufactured by GM and other companies and by helping to normalize the credit markets for such purchases."
In a statement, GMAC praised the Fed's action.
"This is a very significant positive step for the company, and it marks a key turning point in our 89-year history," said spokeswoman Gina Proia. "GMAC believes becoming a bank holding company is the best long-term solution to provide automotive and mortgage financing to consumers and business, including auto dealers."
She said the change in status would provide the company with "improved access to funding."
The decision to change the status of GMAC to a bank holding company follows the Fed's action on Monday granting the request of CIT Group to become a bank holding company so that it could qualify for federal rescue funds.
The Fed also has granted bank holding status to Goldman Sach's Group Inc., Morgan Stanley and American Express Co., all of which have changed their status in an effort to get access to more support after the financial crisis erupted with force in September.
Congress approved the bailout program on Oct. 3 with the original intent of buying up troubled mortgage assets.
That part of the program has never been implemented. Instead, Treasury Secretary Henry Paulson switched course. He began an effort to use $250 billion of the $700 billion fund to make direct purchases of bank stock, to inject more funds into financial institutions and fight the most severe financial crisis in seven decades.
But the effort has come under attack from critics who say that the Bush administration is not overseeing the program sufficiently to make sure that the banks actually increase their lending.
Many lawmakers are also upset that the program has already obligated half of the $700 billion total without making a serious effort to help troubled homeowners avoid a rising tide of mortgage foreclosures.
That news didn't do what everyone was expecting
gpm is a different type of dividend then common stock so i'm not sure
Any opinions on how high gpm will go
U.S. President George W. Bush said he's still mulling how to help the ailing auto industry but warned that a collapse could leave a "major catastrophe" for the Obama administration.
"I am worried about a disorderly bankruptcy
Am i reading a controlled bankruptcy out of that?
It closed at $3.75 yesterday.A dividend of $.78 is a easy 20 percent return
GM's preferred gpm $.78 dividend if your in next friday
Volume!!!!
Must have ate to much of his jam
http://www.t-g.com/story/1478172.html
Still available from the grocery store supplier
http://www.kehedirect.com/brands/Captain%20Rodney's
For more information regarding Bell Buckle Holdings, Inc. contact:
Summit Financial Partners, LLC
Anthony D. Altavilla, President
Phone: 317-218-0204
Email: info@sfpindy.com
Is this the same info that has been on there site it's been so long since i looked at it i forgot?
Sirius Announces $375M Stock Offering
11 minutes ago - Investrend
Related Companies
Symbol Last %Chg
SIRI 1.67 -11.17%
XMSR 8.17 0.00%
As of 12:00 AM ET 7/28/08
July 29, 2008 (FinancialWire) Satellite radio company Sirius (NASDAQ: SIRI) (Current Market Cap: US$2.82 Bil.) said that it is conducting a $375.0 million stock offering on the heel of its merger approval with XM (NASDAQ: XMSR).
The announcement came on the same day the satellite radio company said in a preliminary quarterly report that its adjusted loss narrowed, thanks to an increase in subscribers. As of June 30, the company claimed 8.9 million subscribers, 25.4% more than the 7.1 million it had in last year's corresponding period.
Sales rose 25.0%, to $283.0 million, from the $226.4 million reported last year.
XM Satellite Radio Holdings said earlier in the month it added 322,000 new net subscribers in the second quarter for a total of 9.7 million.
how low will it go
what a winner we have here!!!1
how high you think its going?thanks!!!
whats going on with pgsw today?
saw them in marshalls in richmond va last night
silent here 2
Update on 2008 Acquisition Strategy to Include Letter of Intent to Acquire Operations With Approximately $100 Million in Annual Revenue
4:30 PM ET - Market Wire
NewMarket China, Inc. (OTCBB: NMCH) today released an update on the Company's 2008 acquisition strategy. In addition to the anticipation of continued strong organic growth, NewMarket China plans to expand its current product line, increase profit margin and substantially augment existing revenue through acquisition.
Continuing Strong Growth From $29.5 Million to approximately $40 Million in Revenue and Beyond
The Company reported $29.5 million in revenue in 2006 and anticipates reporting approximately $40 million in revenue for 2007. The Company anticipates a revenue increase of at least 20% stemming from organic sales in 2008 and potentially an even greater increase as the result of acquisitions.
Acquisition Pipeline to Expand Product Line, Increase Profit and Augment Revenue
The Company's acquisition strategy is centered on diversifying its current product line with an emphasis on increasing profit margins. Today, NewMarket China is primarily a provider of globally recognized brand name technology solutions in China. The intent of the acquisition strategy is to leverage the Company's current organizational foundation in China to expand its product portfolio and sales from China into other international markets. The relatively low labor cost in China provides the Company the opportunity to sell higher margin technology products and services sourced in China, into international markets where Chinese market advantages provide a competitive value proposition. NewMarket China currently has several acquisition opportunities under consideration. In some instances, the Company has entered into non-binding letters of intent to acquire specific operations under certain terms and subject to due diligence.
LOI to Acquire Operations of Pegasus Wireless with $100 Million in Annual Revenue
The Company has not publicly disclosed the companies being considered for acquisition. However, the Company's intent to acquire the operations of Pegasus Wireless has otherwise been disclosed pursuant to a recently filed public court document. Accordingly, NewMarket Technology, Inc. (OTCBB: NMKT), NewMarket China's parent company, has received several inquiries from shareholders regarding the potential acquisition. NewMarket China CEO John T. Verges has issued the following statement to address shareholder questions regarding the Company's intent to acquire the operations of Pegasus Wireless:
"NewMarket Technology, Inc. is the majority shareholder of NewMarket China, Inc. and NewMarket Technology, Inc. has entered into a letter of intent to acquire the operations of Pegasus and subsequently to combine those operations into NewMarket China, Inc. At this stage, the potential of completing the acquisition must be considered speculative. The letter of intent is subject to due diligence. Furthermore, Pegasus is an organizationally distressed operation and certain issues regarding the subject distress must be specifically resolved for the proposed transaction between NewMarket and Pegasus to be realized. We are optimistic about the prospects of the acquisition being realized but cannot forecast with any certainty the completion of the acquisition, nor the timing thereof."
Corporate E-mail Updates
To be added to NewMarket China's e-mail database of shareholders and interested investors, please send an e-mail to ir@newmarketchina.com.
About NewMarket China, Inc. (www.newmarketchina.com)
NewMarket China, Inc. is a technology leader in the rapidly developing Chinese market specializing today in software engineering, high quality software development and digital multimedia outsourcing services delivered to customers globally. At the same time, the firm is a systems integrator and value added reseller of major global hardware brands in the Chinese domestic market.
Headquartered in Dallas with operations in Shanghai and Beijing, NewMarket China bridges the gap between Western and Eastern business cultures to assist western clients in realizing the advantages of the high quality, low cost technology products and services available from China. NewMarket China also assists Western clients in localizing products and services to realize the tremendous growth potential available by expanding into the Chinese Market.
About NewMarket Technology, Inc. (www.newmarkettechnology.com)
NewMarket helps clients maintain the delicate balance between maintaining legacy systems and gaining a competitive edge from the latest technology innovations. NewMarket provides certified integration and maintenance services to support the prevailing industry standard solutions such as Microsoft, Cisco Systems, SAP, Siebel and Sun Microsystems. Concurrently, NewMarket continuously seeks to acquire emerging technology assets to incorporate into an overall product portfolio carefully packaged to complement the prevailing industry standard solutions.
NewMarket delivers its portfolio of products and services through its network of Solution Integration subsidiaries in North America and the leading emerging markets around the world to include, Latin America, China and Singapore.
NewMarket ranked Number One in Texas, Number Three in the United States and Number Five in North America on Deloitte's 2006 Technology Fast 500, a ranking of the 500 fastest growing technology, media, telecommunications and life sciences companies in North America. Rankings are based on percentage revenue growth over five years, from 2001-2005. The Company grew from less than $1 million in revenue in 2001 to over $50 million in profitable revenue in 2005. In 2006, the company continued its rapid growth, reporting $77.6 million in revenue with a net income of $5.8 million.
"SAFE HARBOR STATEMENT" UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995
This press release contains forward-looking statements that involve risks and uncertainties. The statements in this release are forward-looking statements that are made pursuant to safe harbor provision of the Private Securities Litigation Reform Act of 1995. Actual results, events and performance could vary materially from those contemplated by these forward-looking statements. These statements involve known and unknown risks and uncertainties, which may cause NewMarket's actual results in future periods to differ materially from results expressed or implied by forward-looking statements. These risks and uncertainties include, among other things, product demand and market competition. You should independently investigate and fully understand all risks before making investment decisions.
Contact: NewMarket China, Inc. Investor Relations 214-722-3065 ir@newmarketchina.com www.newmarketchina.com
SOURCE: NewMarket China, Inc.
mailto:ir@newmarketchina.com http://www.newmarketchina.com
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