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Vaughan Foods, Inc To Be Acquired By Reser’s Fine Foods For $18.25 million

Shares of Vaughan Foods, Inc. (OTC:FOOD) soared 280% to $1.52 on Thursday after the company has been agreed to be acquired by Reser’s Fine Foods, Inc. for $18.25 million or $1.58 a share. All the agreed amount is payable in … Continue reading

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Primoris Signs New Pipeline Contracts worth approximately $50 Million

Primoris Services Corp (NASDAQ:PRIM), an aspiring infrastructure company, founded in 1946.Though subjected to various subsidiaries, it has emerged itself to become one of the largest specialty contractors and infrastructure companies in the United States. Meeting the needs of diverse end … Continue reading

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J.C. Penney Company Falls After Poor Outlook

J.C. Penney Company, Inc. (NYSE:JCP) shares slid 1.35% to close at $33.73 following the company trimmed its fiscal second-quarter estimate as its attempt to promote its products failed. The company said that now it expects to earn 6 cents a … Continue reading

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Delta Petroleum Corp. (NASDAQ:DPTR) Is Exploring Strategic Option

Today, Delta Petroleum Corp. (NASDAQ:DPTR) announced the Commencement of a strategic alternatives process. Delta’s President and CEO, Carl Lakey stated that with the closing of June 28 at $43.2 million sale of non-core, non-operated assets located in Texas and the … Continue reading

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Xinde Technology Co (OTC:WTFS) Shows Improvement in 6CT/6LT Series of Diesel Engines

On Tuesday, Xinde Technology Co (OTC:WTFS) reported that the test of a fresh performance heightening design breakthrough which was developed by the Company has been conducted thoroughly in cooperation with the Tianjin University. The design is now known to being … Continue reading

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DragonWave, Inc. (NASDAQ:DRWI) Announces Resignation of Brian McCormack

On Tuesday, DragonWave, Inc. (USA) (NASDAQ:DRWI) announced that the Vice President of Worldwide Sales, Brian McCormack has presented his resignation and shall depart from the company. As a consequence the regional sales executives shall be held responsible to report directly … Continue reading

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SMOKEFREE INNOTEC INC (PINK:SFIO) Shares Continued to Be Under Pressure

The president and CEO of SMOKEFREE INNOTEC INC (PINK:SFIO) was accused on Thursday with securities fraud as he was allegedly caught in an FBI investigation to be involved in manipulating the penny stocks of his Company. The Securities and Exchange … Continue reading

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Immucor, Inc. (NASDAQ:BLUD) To Be Acquired By TPG Capital

Immucor, Inc. (NASDAQ:BLUD) announced the definitive merger agreement on July 5, 2011, according to which the company would be acquired by investment funds managed by TPG Capital. The transaction would be valued at around $1.973 billion. The terms of the … Continue reading

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Portage Resources’ Subsidiary Agrees to Acquire Linderos Property

Portage Resources Inc(NDA) (PINK:POTG) through its wholly owned subsidiary Portage Minerals S.A., signed a definitive agreement in order to buy the Linderos Property. The company has already conducted all due diligence necessary on the Linderos Property related to this acquisition. … Continue reading

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Mass. tornado claims Increases to $175 million

On Wednesday, The financial claims by countries effected from tornadoes like Springfield and other smaller Massachusetts communities rose approximately by $175 million. The State’s Division of the Insurance company estimated that the  residents and business concerns filed 9,500 insurance claims … Continue reading

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