An investor who lost his life savings in the collapse of failed stockbroking group Opes Prime is angry that he was not told about the company's unusual business structure.
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Thornburg Mortgage Inc. has changed its by-laws to allow a single investor to buy up to $300 million of stock.
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Dendreon Corp., a Seattle based biotechnology company, said U.S. health regulators approved its amended trial design of the late stage study of its Provenge cancer vaccine, accelerating the expected timing of the final study results by about one year, sending shares up 21 percent before the opening bell.
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Share prices on major exchanges in Asia and Europe fell sharply Monday, after Friday's deep decline on Wall Street increased fears that a recession may hit the United States.
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By Eric Pratt
Seldom a week passes without news of another investment by Pinetree Capital Ltd. (TSX:PNP) in an emerging resource or technology company. Pinetree has a lean corporate structure and visionary business model that makes it part investment fund, part investment bank.
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Intel's weak outlook is punishing not only the tech stocks, but also the entire US markets. While the stocks are poised to open weak, they have come out of their worst levels.
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Black Dragon Resource Companies (BDGR), previously at $0.021 up 85% at $0.039 with 6,575,584 shares traded, was highlighted by OTC Picks, Penny Buster and OTC Stock Exchange. Black Dragon Resources announced that it has potentially secured $100,000,000 in financing from an un-named Joint Partner. The financing agreement was contingent on Black Dragon Resources ability to confirm its oil and gas reserves have a value of at least $2.7 billion dollars, through an audit that will be completed within the week.
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eWorld Interactive says watch these stocks in 2008. Stocks to Watch: eWorld Interactive, Inc. (OTC BB:EWIN), Power Group, Ltd (OTCBB: IPWG), GameZnFlix, Inc. (OTC BB:GMFX) , AmeriChip International Inc. (OTC BB:ACII), HandHeld Entertainment Inc (Nasdaq: ZVUE)
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ADC Telecommunications, Inc. (NASDAQ:ADCT) announced the pricing of $200 million in aggregate principal amount of Convertible Subordinated Notes due 2015 and $200 million in aggregate principal amount of Convertible Subordinated Notes due 2017 under an automatically effective shelf registration statement filed with the Securities and Exchange Commission (SEC) on December 18, 2007.
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On Tuesday, the Federal Reserve's decision to cut interest rates only 25 basis points rocked the U.S. markets.
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Investing Systems announced today the results of Wednesday's market scan for the Stock Picker RT software.
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Caterpillar's grave warning about the US economy's future coupled with the twentieth anniversary of “Black Monday” – the nations largest stock market plummet in a single day – caused stocks to dive and sent shivers through many investors.
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