January 22nd, 2009 | No Comments »
WESTMINSTER, CO–(Marketwire - January 21, 2009) - NexHorizon Communications, Inc. (OTCBB: NXHZ) in a press release dated October 30, 2008 stated that it had
completed its acquisition of certain cable TV assets located in a
Oklahoma metropolitan area. As an update to the transaction the Company
has not taken control of all of the [...]
Published in Market News |
January 22nd, 2009 | No Comments »
Reuters - South Korean prosecutors indicted a blogger on Thursday who had warned of financial doom for the country with critics saying he was targeted because his gloomy forecasts upset the government battling an economic downturn.
Published in General |
December 8th, 2008 | No Comments »
AP - The Chinese government is stirring trade tensions with Washington with a plan to require foreign computer security technology to be submitted for government approval, in a move that might require suppliers to disclose business secrets.
Published in General |
December 8th, 2008 | No Comments »
Reuters - A draft Democratic plan to help the U.S. automakers, obtained by Reuters, says the president would designate one or more officials to oversee the auto rescue plan and restructuring for long-term financial viability of U.S. auto industry.
Published in General |
December 8th, 2008 | No Comments »
Reuters - With some of the United States’ largest and most diversified companies ready to spell out their 2009 financial forecasts over the next two weeks, Wall Street is braced for bad news.
Published in General |
December 8th, 2008 | No Comments »
Reuters - More than half of mortgages modified in a bid to avoid foreclosure fell delinquent within six months, a top U.S. banking regulator said on Monday, casting doubt on a proposal to rewrite home loans en masse.
Published in General |
December 7th, 2008 | No Comments »
Reuters - A government “car czar” would oversee any bailout of U.S. automakers under proposed terms being negotiated by the White House and Congress for extending up to $17 billion in emergency loans that mainly aim to spare General Motors Corp and Chrysler LLC from bankruptcy.
Published in General |
December 6th, 2008 | No Comments »
AP - Economic meltdown and financial crisis are not phrases you want to hear as you ponder your holiday shopping. But it is possible to find tech-related gifts on a recession-minded budget, be they handy, entertaining or irreverent.
Published in General |
December 6th, 2008 | No Comments »
Reuters - Congressional Democrats and the White House have reached agreement on emergency aid for U.S. automakers of between $15 billion and $17 billion, two senior congressional aides said on Friday.
Published in General |
December 4th, 2008 | No Comments »
AP - Fidelity Investments is joining the rush to satisfy investors’ growing appetite for news about financial market turmoil.
Published in General |
December 4th, 2008 | No Comments »
Reuters - Asian shares fell on Thursday as more bad news piled up for the global economy, while the dollar and yen steadied as central banks in the UK and Europe were set to cut interest rates to their lowest in years.
Published in General |
December 3rd, 2008 | No Comments »
Richmond Federal Reserve Bank President Jeffrey Lacker said a dramatic increase in Fed lending could destabilize the U.S. financial system. Delivering remarks to a panel discussion on the economic outlook, Lacker said central bank lending can distort…(read more)
Published in Mortgage News |
December 3rd, 2008 | No Comments »
Neighborhoods across Manhattan saw condo prices slide in September compared to a year ago, with the steepest drop seen in the financial district, where prices fell 16.1%, according to a report from Radar Logic. The RPX monthly Manhattan Neighborhoods…(read more)
Published in Mortgage News |
December 3rd, 2008 | No Comments »
AP - U.S. shipments of personal computers are expected to drop nearly 3 percent next year, while demand in much of the rest of the world will slow down quickly as the financial crisis spreads, research firm IDC said Wednesday.
Published in General |
December 3rd, 2008 | No Comments »
Reuters - Treasury Secretary Henry Paulson is weighing whether to ask Congress for the remaining $350 billion of the financial bailout fund, with White House aides approaching President-elect Barack Obama’s transition team about the idea, an Obama aide said on Wednesday.
Published in General |
December 2nd, 2008 | No Comments »
Reuters - Australia slashed interest rates and the Bank of Japan moved to ease an acute cash crunch for companies, kicking off another round of global central bank action to soothe markets and shore up crumbling economies.
Published in General |
December 1st, 2008 | No Comments »
Reuters - Tata Steel unit Corus has applied for Dutch government financial aid to temporarily reduce the work hours of 4,600 workers to cope with the global economic slowdown, Dutch news agency ANP reported on Monday.
Published in General |
December 1st, 2008 | No Comments »
Reuters - The global automotive industry faced a fresh wave of bad news Monday, as data showed drops in Swedish, Japanese and South Korean November car sales, with figures for France, Spain and Italy due out later in the day. Automakers are cutting production as well as seeking help from governments to survive as they [...]
Published in General |
December 1st, 2008 | No Comments »
Reuters - European and Chinese industry activity slumped in November, Japanese officials said their economy was slowing rapidly and euro zone finance ministers gathered on Monday to discuss plans to curb recession.
Published in General |
November 29th, 2008 | No Comments »
VANCOUVER, BRITISH COLUMBIA–(Marketwire - Nov. 28, 2008) -
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES
Chalk Media Corp. (”Chalk” or the “Company”)(TSX VENTURE:CKM) today announced its unaudited consolidated financial results for the three and nine month periods ended September 30, 2008.
/T/
Third Quarter Highlights:
- Signed software license agreements with:
[...]
Published in Market News |
November 29th, 2008 | No Comments »
TORONTO, ONTARIO–(Marketwire - Nov. 28, 2008) - QuStream Corporation (”QuStream” or the “Company”) (TSX VENTURE:QVC), an innovative global provider of high-definition (HD) broadcast solutions that facilitated NBC’s comprehensive coverage of the 2008 Beijing Olympics, today announced its third quarter fiscal 2008 results.
QuStream Corporation’s Chairman, President and CEO, Fred Godard, commented, “The impact of the liquidity [...]
Published in Market News |
November 29th, 2008 | No Comments »
TORONTO, ONTARIO–(Marketwire - Nov. 28, 2008) - MPVC Inc. (TSX VENTURE:OCI) (the “Company”) released its management prepared consolidated first quarter financial statements today. The Company reported that its wholly-owned subsidiaries, One Contact Inc. (US) and One Contact (Canada) Inc. (”OCI”), which are reflected in its consolidated statements, reported much stronger interim Canadian GAAP financial results [...]
Published in Market News |
November 29th, 2008 | No Comments »
Reuters - U.S. shoppers awoke early for post-Thanksgiving sales on Friday in a key test of the country’s ability to withstand economic turmoil as sharp production declines in Asia gave fresh evidence of the global crisis.
Published in General |
November 29th, 2008 | No Comments »
Reuters - Former U.S. Treasury secretary Robert Rubin said the near-collapse of Citigroup Inc , where he is a senior counselor, was due to the buckling financial system and not his own mistakes, according to an interview published on The Wall Street Journal’s website on Friday.
Published in General |
November 29th, 2008 | No Comments »
Robert Shiller , a well-known economist and professor at Yale University, said the ongoing financial crisis could last for years. He said blaming monetary policy for the crisis is simplistic and misleading, and called for three solutions to prevent a…(read more)
Published in Mortgage News |